Business
Knee implant price capped at Rs 54,720 from a high of Rs 2.5 lakh
The government on Wednesday capped prices of knee implants at a significantly lower rate than current market rates, a move that could result in savings of Rs 1,500 crore annually to patients requiring surgery.
WPI inflation rises sharply to 1.88% in July
New Delhi: Wholesale inflation rose to 1.88 per cent in July as prices of some commodities increased in the first month of Goods and Services Tax (GST) rollout. Inflation based on the wholesale price index (WPI) was 0.90 per cent in June 2017 and 0.63 per cent in July 2016. The government data released today showed that prices of food articles went up by 2.15 per cent in July on a yearly basis.
Rupee up 3 paise at 64.32 on sustained dollar-selling
Mumbai: The rupee firmed up by three paise to 64.32 against the dollar on increased selling of the American currency by exporters and banks amid higher inflows of foreign funds.
Rupee goes up 11 paise to 64.34 against US dollar
Mumbai: The rupee strengthened 11 paise to trade at 64.34 against the US dollar in the morning session today riding on higher foreign funds inflows. The domestic currency received a boost from fresh selling of the American unit by exporters and banks amid a better opening in domestic equities.