Articles for tag: Demand, Economic, Growth, Infrastructure, Iron, Key, manganese, Ore, Production, Reflecting, Robust, Sectors, Steel, Strong, Surged

September 28, 2024

Iron ore and manganese production surged amid strong demand, reflecting robust economic growth in key sectors like steel and infrastructure.

India’s iron ore and manganese ore production saw impressive growth from April to August 2024. The output of iron ore increased by 7.4% to 116 million tonnes, compared to 108 million tonnes in the same period last year. Manganese ore production also jumped by 15.4% to 1.5 million tonnes, up from 1.3 million tonnes. Iron ...

September 5, 2024

Market News

Business

Glenmark Pharmaceuticals agrees to a million settlement over drug pricing misconduct, reflecting ongoing challenges in the pharmaceutical industry.

Glenmark Pharmaceuticals agrees to a $25 million settlement over drug pricing misconduct, reflecting ongoing challenges in the pharmaceutical industry.

Glenmark Pharmaceuticals has reached a settlement with the US Department of Justice, agreeing to pay $25 million due to a case involving the pricing of a generic drug. This payment will be made in six installments over five years, accruing interest at a rate of 4.25 percent from May 2024. The settlement, announced in a ...