The Delhi High Court, disposed off a PIL seeking a ban on the non-steroidal anti-inflammatory drug nimesulide. The court's decision would bring relief not only to the manufacturers of various formulations of nimesulide, a hugely popular drug of companies like Dr. Reddy's Laboratories and Panacea Biotec, but also to the government's technical resources in the field. Source said while disposing off PIL, the court restricted itself to the legal aspects of the matter and not the technical questions. For the technical bit, it relied on the drug authorities. "I understand that the court has taken a view that it has been satisfied with the measures taken by the government regarding nimesulide with regard to public safety, "DCGI Ashwini Kumar said. The European Medical Evaluation Agency has issue an advisory to the health authorities of Finland, where the drug was banned, that drug may be continued for use.
In a stride towards stabilizing and boosting economy the Finance Minister Nirmala Sitharaman introduced a new strategy to refund duties and taxes on exports, simple export credit and extra fund More
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