India’s drugs regulator has ordered that the source and quality of an ingredient used to make cough syrups be checked and verified as a “top priority”, in the wake of the deaths of at least 141 children globally. In one of the world’s worst such waves of poisoning, cough syrups made by three Indian manufacturers […]
A total of 3,16,05,581 Micro Small and Medium Enterprises (MSMEs) were registered in India between July 1, 2020, and December 4, 2023, the Central government told the Rajya Sabha on Monday. Minister of State for MSMEs Bhanu Pratap Singh Verma responded in writing when asked by a member about the total number of registered MSMEs […]
The government anticipates onion prices to decline below Rs 40 per kilogram by January from the current average price of Rs 57.02 per kilogram, Consumer Affairs Secretary Rohit Kumar Singh said on Monday. Last week, the government banned onion exports till March of next year after the retail sales price of the kitchen staple crossed […]
The central government has imposed stock limits on wheat for traders, wholesalers, retailers, big chain retailers and processors in all states and Union Territories, a release from the Food and Consumer Affairs Department stated Friday. According to the ministry, this intervention was needed to manage the overall food security and prevent hoarding and unscrupulous speculation. […]
India’s wheat inventories at state warehouses have dropped to 19 million metric tons, the lowest in seven years, two government sources said on Friday, as two years of falling production forced state-run agencies to sell more grain to private players. Last year, India, the world’s second-biggest wheat producer, banned exports after output was curtailed due […]
India has allowed duty-free imports of yellow peas until March 2024, an official gazette notification said. This is part of New Delhi’s intervention to cool the prices of the overall pulse basket. Reportedly, the duty on yellow peas was first implemented in November 2017 at 50 per cent. India largely imports yellow peas from Canada […]
India has allowed the export of non-basmati white rice in varying quantities to Comoros, Madagascar, Equatorial Guinea, Egypt, and Kenya, an official notification said. Notably, the export of non-Basmati white rice was prohibited on 20 July to check domestic prices and ensure domestic food security. Earlier, India allowed the export of such a variety of […]
Finance Minister Niramala Sitharaman on Thursday said that the manufacturing sector is contributing significantly to the economy following government initiatives and noted that India’s second-quarter growth this year was the highest in the world. Replying to a short-duration discussion on the “economic situation in the country” in the Rajya Sabha, Sitharaman said there was sustained […]
India has prohibited the export of onions till March 2024, as per an official notification issued late on Thursday evening. The DGFT notification said the export of onions will be allowed on the basis of permission granted by the central government to other countries based on the request made by the countries. Onions are currently […]
Domestic electronics manufacturing has witnessed a remarkable increase in the past decade, growing by over 400 per cent to reach a staggering Rs 8.22 lakh crore in FY 2022-23. As informed by Minister of State for Electronics and IT Rajeev Chandrasekhar in the Lok Sabha, India’s domestic mobile phone manufacturing has achieved a milestone, with […]
