Business Brief Daily Business News Update Tech News Update Us Oil Imports | American oil import doubles after the tariff announcement: The government reduced the prices of 37 essential medicines; 5 important factors of this week in the market

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Yesterday’s big news was related to American oil. After Trump’s tariff announcement in April, India has doubled the purchase of crude oil from the US. It increased by 114% on an annual basis in the April-June quarter.

At the same time, the National Pharmaceutical Pricing Authority (NPPA) has reduced the prices of 37 essential medicines by 10-15%. These include drugs such as paracetamol, atorvastatin, and amoxicillin, which are essential for patients with heart, diabetes, and infections.

Today’s headlines before tomorrow’s big news, which will be seen …

  • The stock market may see a boom on Monday.
  • There has been no change in the price of petrol and diesel.

Now read the big news of tomorrow …

1. American oil import doubles after the tariff announcement: India bought ₹ 30 thousand crore oil in April-June; Still trump threatens

After Trump’s tariff announcement in April, India has doubled the purchase of crude oil from the US. It increased by 114% on an annual basis in the April-June quarter.

In 2024, between April and June, India bought oil worth about 15 thousand crores from the US. In 2025, between April and June, this figure doubled to 32 thousand crore rupees. News agency ANI has given this information in its report quoting sources.

Read full news …

2. The government reduced the prices of 37 essential medicines: these include paracetamol, sugar and heart medications; 35 formula medicines will be cheaper

The National Pharmaceutical Pricing Authority (NPPA) has reduced the prices of 37 essential medicines to 10-15%. These include drugs such as paracetamol, atorvastatin, and amoxicillin, which are essential for patients with heart, diabetes, and infections.

On Saturday, the Union Ministry of Chemicals and Fertilizers issued a notification under the Drugs Prize Control Order (DPCO), 2013. These new prices will apply to 35 different forms, which are made and sold large pharmaceutical companies.

Read full news …

3. Fast Momentum can be seen in the market on August 8: Know the important level of support and resistance; 5 important factors will be monitored this week

The date of August 8 in the week starting tomorrow is important for the stock market. According to Harshubh Shah, director of wealth analytics, a reversal pattern or strong Momentum may appear on this day. Therefore, special care should be taken on this day.

Apart from this, the RBI policy, from the US tariffs to India to the purchase and selling of foreign investors and technical factors will decide the market moves.

Read full news

4. PPF account will make your child a millionaire: Parents can open the account in the name of their child, know what are the rules about this

If you are planning to start investment in the name of the child, then you can invest in Public Provident Fund (PPF) scheme. This scheme is currently being paid 7.1% annually. You can easily prepare a fund of millions for it by opening a PPF account in the name of your child. But there are some special rules. We are telling you about those rules.

Read full news …

Tomorrow, see who should be the top-10 richest in the world…

Know the condition of Friday’s stock market and gold and silver …

Know the latest price of petrol-diesel and domestic gas cylinders …

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