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World News
Biden Administration Takes Aim at High Drug Prices with March-in Rights and Antitrust Initiatives
The Biden administration has announced a two-pronged approach to address high drug prices in the United States, including a new framework for exercising “march-in” rights and initiatives aimed at curbing anti-competitive practices in the healthcare industry. March-in Rights: A New Tool to Lower Drug Costs The administration’s new framework outlines its plans to use “march-in” rights, an existing legal provision…
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Money
Crypto Market Hits 2023 High as Bitcoin Tops $41,000 and Ethereum Exceeds $2,200
Bitcoin and Ethereum have surged, surpassing $41,000 and $2,200, respectively, marking the best crypto market performance since May 2022. The total crypto market cap has reached $1.54 trillion, a 2023 high. This rally is attributed to growing confidence in the crypto market, fueled by expectations of a 2024 interest rate cut by the US Federal Reserve and potential approval of…
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India News
Telangana CLP meeting passes one line resolution, party high command to select leader of CLP
HYDERABAD: In a concise resolution, the Congress Legislators Party (CLP) meeting unanimously decided to submit the selection of the Congress Legislative Party leader to the party’s high command. The gathering of newly elected legislators convened at a hotel in Hyderabad on Monday, with the presence of key figures including AICC General Secretary Manickam Tagore, Karnataka Deputy Chief Minister Dr. K.…
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State News
Karnataka High Court Clears the Path for PSI Re-examination
Bengaluru: In a significant development, the Karnataka High Court has dismissed the petitions of several selected candidates challenging the state government’s decision to conduct a re-examination for PSI (Police Sub-Inspector) posts due to irregularities in the examination process, reported various media houses. The news websites reported that the court has upheld the directive issued by the previous BJP-led state government…
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