The government is set to unveil a new formula for calculating Maximum Retail Price (MRP) to ensure transparency and fairness in the price structure. The action will put an end to the misleading ...

According to SMTA, the current formula for MRP calculation is not correct for reusable devices which require product demo or installation at time of sale and then ...

A bench of justices Vipin Sanghi and Rekha Palli said that the government can fix a principle to decide the MRP of the concentrators after the Centre’s counsel said it was not possible to fix prices ...

The Centre Tuesday informed the Delhi High Court that pricing authority NPPA has initiated the process to fix a formula to determine the MRP of oxygen concentrators, needed for COVID-19 treatment, as ...