Business

India’s domestic pharma market is $60 billion, but is expected to double, that is, $130 billion by 2030: Dr Jitendra Singh India’s annual growth of the Med Tech sector is 15 to 20%, says Minister DBT, Uttar Pradesh Ink Pact to Boost Biotech, Pharma and MedTech Innovation India’s Pharma Exports Near $30 Billion, Expected to Rise Sharply by 2030: Dr. Jitendra Singh India’s pharma exports, currently valued at nearly $27.8 billion, are expected to cross $30 billion by this year…

On the 29th September, 2025 The Reserve Bank of India (RBI) has issued seven Directions/Circulars, proposing to amend some of the extant Directions/Circulars applicable to banks and other regulated entities. While three of these amendments come into effect immediately (Part A), public comments are solicited on the other four (Part B). Details of the proposals are given below. Part A: Directions which come into force from October 01, 2025 – 1. Reserve Bank of India (Interest Rate on Advances) (Amendment Directions), 2025:…

The International Air Transport Association (IATA), together with carbon market stakeholders, is calling on governments worldwide to urgently address the extremely limited supply of carbon credits available for airlines to fulfill their obligations under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). Specifically, the signatories call on governments to issue Letters of Authorization (LoAs) which enable the release of CORSIA Eligible Emissions Units (EEUs) for purchase by airlines. The timely issuance of LoAs is key to: •    Creating…

In a significant step towards promoting sustainable packaging practices and enhancing postal service efficiency, the Parcel Directorate, Department of Posts (DoP), Ministry of Communications, Government of India, today signed a comprehensive Memorandum of Understanding (MoU) with the Indian Institute of Packaging (IIP), an autonomous body under the Ministry of Commerce and Industry. The MoU was formally signed by Dr. Sudhir Jakhere, IPoS, APMG(BD & Mktg.), Department of Posts, and Dr. Babu Rao Guduri, Addl. Director, Indian Institute of Packaging, Mumbai…

Minister Stresses Cultural, Ecological and Livelihood Importance of Ganga; Calls for Swift Action on Wetland Protection, Pollution Abatement and River Rejuvenation Report on Geomorphic and Ecological Impacts of Sand Mining in Large Rivers Released; Focus on Strengthening Regulatory Framework for River Conservation Giving new impetus to the rejuvenation of River Ganga, the 16th meeting of the Empowered Task Force (ETF) was held today under chairmanship of the Union Minister for Jal Shakti Shri C.R. Paatil. The Minister emphasized that the…

India–UK CETA Seen as Milestone in Bilateral Trade, DGFT Outreach Programme Engages Industry Stakeholders DGFT Organises Outreach Programme on India–UK CETA to Boost Export Opportunities The Directorate General of Foreign Trade (DGFT), Regional Authority Delhi, under the Ministry of Commerce & Industry, hosted an outreach programme on the recently concluded India–UK Comprehensive Economic and Trade Agreement (CETA) at Bharat Mandapam, New Delhi. Themed “Gateway to Growth: Harnessing Opportunities under India–UK CETA”, the event brought together senior government officials, diplomats, Export…

IIFT’s New Program to Enhance Capacity of Officials in Bilateral and Multilateral Trade Negotiations The Indian Institute of Foreign Trade (IIFT) inaugurated the International Trade Negotiations Program for officials of the Department of Commerce (DOC) today. Organised by IIFT’s Centre for International Negotiations (CIN), the program is designed to strengthen the negotiation skills of government officials and bolster India’s global trade engagement. Commerce Secretary, Shri Sunil Barthwal, graced the occasion as Chief Guest. In his inaugural address, he underlined the…

India in trade talks with US, New Zealand, Oman, Peru and Chile; Terms of Reference with Eurasia finalised: Shri Piyush Goyal ODOP initiative reaches 750+ districts, boosting khadi, cotton and cottage industries: Shri Piyush Goyal Vocal for Local, Local Goes Global’: Shri Goyal urges use of swadeshi products at UP International Trade Show The Free Trade Agreement (FTA) with the EFTA countries (Iceland, Liechtenstein, Norway, and Switzerland), which was finalised in March 2024, will come into effect from October 1,…

On 27th September 2025, Hon. Prime Minister Shri Narendra Modi, at an event at Berhampur in Odisha, inaugurated over 97500 mobile towers, of which more than 92600 were indigenous BSNL 4G full stack of Swadeshi Technology, connecting 26000 unconnected villages. The towers included a 4G mobile tower in Morpila, Quepem Taluka of South Goa district. The inauguration of the towers by the Prime Minister was live-streamed at an event organized by Directorate of Telecom (DoT), Goa, Ministry of Communication, Government…

“Anchoring Nutrition and Income Security” Key Takeaways Introduction Smt. Gurvinder Kaur of Ajoli village in Rupnagar, Punjab, chose dairy as her path to progress. After receiving training from the Dairy Development Department in 2014, she started with a single Holstein Friesian cow. Holsteins are large capacious animals with colour patterns of black and white or red and white. This breed originated in Holland.  With persistence and scientific practices, she expanded to 4 Holstein Friesian milching animals () and started producing about 90 litres of…