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BIS Releases Draft Standard For Toys Safety in India for Public Feedback

New Delhi, May 7 -- The Bureau of Indian Standards (BIS) has released a draft "Indian Standard on the safety of toys" for public review and feedback as part of a broader initiative aimed at improving ... Read More


West Bengal MSMEs Lambast Unfair Practices Of Banks

Kolkata, May 7 -- In the Regional Consultation session organised on MSMEs' access to finance and the delayed payment provisions of the MSMED Act, entrepreneurs were livid with criticism of banks for i... Read More


DGTR Recommends Anti-Dumping Duty On Chemical Imports From China & Japan

New Delhi, May 7 -- The Directorate General of Trade Remedies (DGTR), an arm of the Indian commerce ministry, has recommended imposing an anti-dumping duty on imports of Trichloro isocyanuric acid, a ... Read More


Notifying Rules For Telecom Act 2023 Likely To Get Delayed

New Delhi, May 7 -- The implementation of the Telecommunications Act 2023, which came into effect in December 2023, is likely to face delays, with the Department of Telecommunications expecting to tak... Read More


Reliance Industries Seek U.S. Nod To Revive Venezuelan Crude Flows

New Delhi, May 7 -- Indian oil refining giant Reliance Industries has resubmitted an application to the United States government requesting authorisation to import crude oil fr0m sanctions-targeted Ve... Read More


Applying PLIs Indiscriminately Could Undermine Exports: Finance Commission Chief

New Delhi, May 7 -- Arvind Panagariya, chairman of the 16th Finance Commission, asserted on Monday that India's production-linked incentive (PLI) schemes should be judiciously applied to avoid undercu... Read More


West Bengal Govt Allocates Over Rs 32 Cr For SIDBI Cluster Development Fund Projects

Kolkata, May 7 -- The Finance department of the Government of West Bengal has released Rs 32.50 crore for the financial year 2024-25 to facilitate the smooth implementation of infrastructure projects ... Read More


Pre-Packaged Insolvency Process For MSMEs Sees Slow Adoption

Kolkata, May 7 -- The pre-packaged insolvency resolution process, introduced through the Insolvency and Bankruptcy Code (Amendment) Act of 2021, has witnessed a measured adoption rate thus far. This... Read More


India Ratings Upgrades GDP Growth Forecast to 7.1% for 2024-25

New Delhi, May 7 -- India Ratings and Research (Ind-Ra) has upgraded its GDP growth forecast for India to 7.1 per cent for the fiscal year 2024-25, up from its previous estimate of 6.5 per cent. The... Read More


Rajasthan Aims To Increase Share Of Solar Power In Electrcity Consumption To 40% by 2030

Jaipur, May 7 -- The Rajasthan government is aiming to significantly boost its reliance on solar energy in the coming years, with a target of increasing the share of solar power in the state's electri... Read More