India, March 25 -- By Shalini Bhardwaj

New Delhi [India], March 26 (ANI): The National Pharmaceutical Pricing Authority (NPPA) on Wednesday announced that manufacturers may increase the Maximum Retail Price of scheduled formulations by 0.64% on the basis of the WPI.

"Based on the Wholesale Price Index (WP|) data provided by the office of the Economic Advisor, Department of Industry and Internal Trade, Ministry of Commerce and Industry, the annual change in WPI works out as (+)0.64956% during the calendar year 2025 over the corresponding period in 2024," reads the office memorandum issued on March 25.

According to the Memorandum, the manufacturer may increase the Maximum Retail Price of WPI and no prior approval of the Government will b...