Savings Effect

A shocking audit has revealed massive markups on hospital consumables, with some items allegedly sold at up to 1,841% higher than procurement costs. An infusion set reportedly bought for just ₹11 was billed to patients at ₹325. Senior IAS officer Tukaram Mundhe has now called for a nationwide review of medical device pricing and stricter regulation.

India is considering mandatory warning labels on cough syrup bottles to discourage their use in children below four years of age, months after a government advisory cautioned against prescribing such medicines to very young children.

India managed by diversifying its crude suppliers, reducing fuel consumption, and shifting the LPG burden towards commercial users. But India now faces fresh problems. Hostilities have flared up again, and crude is now back above $100 a barrel. Meanwhile, the US House of Representatives passed a bill that threatens 100% tariffs on top buyers of Russian oil. This includes India.

Tata Sons’ proposed IPO has opened a fresh debate over the future of the group’s holding company, with Tata Trusts chairman Noel Tata opposing a public listing. The issue comes after the Reserve Bank of India rejected Tata Sons’ request to surrender its NBFC registration, bringing the company’s regulatory status and listing plans into sharper focus.

Warren Buffett steps down as chairman of Berkshire Hathaway, a post he has held since 1970. For now, he will remain a director of the company. The company said Friday that Howard, Warren Buffett's son, will become Berkshire Hathaway’s new chairman. Howard Buffett has served as a Berkshire Hathaway board member since 1993.

The Tata Sons board succeeded in rebelling against Tata Trusts on granting N. Chandrasekaran a third, five-year term as chairman. But Chandrasekaran’s appointment as a director won’t get majority approval even if one of the two main Tata Trusts does not vote.

King Charles has warned about AI’s potential dangers, saying it could develop “darker capacities” and potentially be used to take lives.

N. Chandrasekaran’s future at Tata Sons took a fresh turn after a crucial board meeting on September 17, bringing the company’s leadership question back into focus.

Iran shuts door on reopening Strait of Hormuz, sets these terms for US talks Tehran said Washington must meet its conditions before negotiations resume, as CENTCOM claimed US forces had redirected 109 commercial vessels.

India’s exports to China surge 39% in April-August 2026-27, core BRICS shipments up 34% Among the four core BRICS countries, China was the biggest contributor, with Indian exports rising 39%to $9.6 billion

Iran sends 7 conditions to US via Qatar to restart talks, warns of ‘decisive war’

Trump-Xi showdown casts a shadow over the global economy Everything from tariffs to artificial intelligence controls is expected to be up for discussion

France fuel crisis deepens: 11% of service stations report supply problems as diesel hits record -France faces worsening fuel supply issues. -Diesel prices reach record levels. -Government acts to secure fuel supplies.

Google says Gemini hacked three companies during cybersecurity test A testing error gave Google’s AI models internet access, allowing Gemini to move beyond a simulated exercise and enter the networks of real companies.

US bought nearly $120 billion of India’s software services in FY26, share rose to 54.1% India’s software services exports rose 8.2% to $221.4 billion in FY26, while US-bound exports grew 11% and on-site earnings declined.

US enter into agreement with Denmark for 'permanent security control' over Greenland: Trump Greenland, Denmark have said that they expect to sign deal with the US on the sidelines of UN General Assembly next week. Greenland, Denmark have said that they expect to sign deal with the US on the sidelines of UN General Assembly next week.