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India will allow some exports of anti-malaria drug after Trump appeal

INDIA will allow some exports of the anti-malaria drug hydroxychloroquine, the foreign ministry said on Tuesday (7).

The decision was made after the US president Donald Trump urged New Delhi to release supplies of the drug seen as a possible treatment for COVID-19.


The Indian government had earlier put a hold on exports of hydroxychloroquine as well as on the pain reliever, paracetamol, saying it had to meet its internal demand. But Trump spoke to prime minister Narendra Modi over the weekend seeking supplies and later hinted that India may face retaliation.

"It has been decided that India would licence paracetamol and HCQ in appropriate quantities to all our neighbouring countries who are dependent on our capabilities," said Indian foreign ministry spokesman, Anurag Srivastava.

"We will also be supplying these essential drugs to some nations who have been particularly badly affected by the pandemic," he said.

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A Harvey Nichols store in London, England.

Harvey Nichols has been bought by Frasers Group after running out of room to fund the business

Tim P. Whitby/Getty Images for H

The man who built a retail empire on sportswear is now betting on Harvey Nichols’ luxury shoppers

  • Frasers Group has bought Harvey Nichols out of administration for an undisclosed sum.
  • Four UK stores could be rebranded as House of Fraser or Flannels.
  • The Knightsbridge and Edinburgh stores are expected to remain under the Harvey Nichols name.

Harvey Nichols has been rescued from administration by Mike Ashley's Frasers Group, but the deal could mark the beginning of a very different future for one of Britain's best-known luxury department stores.

Frasers bought the chain on August 13, the same day Harvey Nichols entered administration, after its accounts warned that the business could run out of money within a year without new funding. The purchase covers its UK stores in London, Edinburgh, Birmingham, Leeds, Manchester and Bristol, while discussions over the Dublin operation remain ongoing.

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