BOKARO (Jharkhand): Union chemical, fertiliser and steel minister, Mr Ram Vilas Paswan today announced plans for setting up of a 12 million ton greenfield steel plant in Jharkhand, but only if the iron ore dispute is settled with the Jharkhand state government.

A parliamentary panel has pulled up the Department of Chemicals and Petrochemicals for delay in finalising the National Pharmaceutical Policy, 2006. In its report, the Parliamentary Standing Committee on Chemicals and Fertilizers has observed that despite its recommendation for finalising the policy, the department remained static on such a crucial issue. The recommendation was made in the 20th report (2006-07), which is an action-taken report of the 7th Report of the committee in 2005-06.

July 10, 2006: Industrialist Ratan Tata writes to Union Finance Minister P Chidambaram recommending setting up of a site remediation fund. "Tatas would be willing to spearhead and contribute to such an exercise

the Union ministry of chemical and fertilisers has from November 2, 2006, enforced a new drug pricing system covering 886 generic medicines produced by 11 pharmaceutical companies. As against the 200 per cent and more margin earlier charged by wholesalers and retailers, now the former will get a 15 per cent margin while retailers will get 35 per cent over the manufacturing cost of non-branded and generic medicines. The Drug Price Control Order was issued on September 29, 2006. However, retailers said they couldn't come under this regime so fast.

THE STAKES are high in the rifampicin (a new anti-TB drug) sweepstakes. Lupin Laboratories presently dominates the market, which, according to the ministry of chemicals, did a business of Rs 236

New Delhi: In an attempt to revive its closed units and convert the existing non-gas based units to gas-based, the fertiliser ministry has sought 43.37 million metric standard cubic meter per day (mmscmd) additional gas from RIL's KG-D6 basin.

New Delhi: With the union cabinet clearing proposals of the West Bengal, Andhra Pradesh and Gujarat governments for setting up Petroleum, Chemical and Petrochemical Investment Regions (PCPIRs) in their territorial domain, a major hurdle has been removed in the way of investment worth more than Rs 4,50,000 crore in PCPIRs, chemicals minister Ram Vilas Paswan said today.