Indian authorities have exposed a structured black market operation trafficking counterfeit Keytruda, a frontline cancer immunotherapy priced above ₹1.5 lakh per vial, to patients unable to afford legitimate supplies. The racket centers on a network of pharmacists, middlemen, and hospital insiders who collect used or empty vials, refill them with substitute substances, reseal them with original batch information, and sell them at discounted prices to patients desperate for treatment. In at least one documented case, a family purchased multiple vials later found to contain antifungal medication rather than the active cancer therapy. Investigators traced counterfeit vials back to authentic batch numbers from major hospitals, pointing to leakages within institutional supply chains. Raids recovered both filled and empty vials alongside packaging materials, indicating an organized, multi-step operation rather than isolated incidents. Regulatory experts cited serious gaps in monitoring and disposal protocols for high-value medicines as the structural enabler. Patients receiving these substitutes face not only treatment failure but direct harm from unintended substances, raising immediate compliance pressure on hospital procurement, disposal oversight, and pharmaceutical authentication systems.
India's Expenditure Finance Committee has cleared a Rs 1.25 lakh crore outlay for India Semiconductor Mission 2.0, up 64 percent from ISM 1.0's Rs 76,000 crore. The proposal now goes to the Cabinet, as two chip plants begin commercial output and a third, CG Semi, is set to open July 4, 2026.
The Supreme Court blocked Trump from firing Federal Reserve board member Lisa Cook, preserving the Fed's independence from presidential removal power. A separate ruling the same day gave Trump broader authority to dismiss leaders of other independent federal agencies.
The US Supreme Court has blocked President Trump's attempt to fire Federal Reserve governor Lisa Cook, who faced unproven mortgage fraud allegations. The ruling preserves Fed independence for now and keeps a politically charged removal case alive in the courts.
The US Supreme Court, splitting along ideological lines, has allowed the Trump administration to end Temporary Protected Status for Haitian and Syrian immigrants.
