India's pharma sector ranked 3rd in world, leads in affordable drugs

IANS | May 18, 2025 6:59 PM

New Delhi, May 18 (IANS) India's pharmaceutical industry, which has emerged as the largest supplier of affordable generic medicines, is poised to grow at 7.8 per cent year-on-year in April 2025 driven by strong demand and new products, according to experts at India Ratings.

Restrictions on Bangladesh RMG imports to empower Indian manufacturers: CITI

IANS | May 18, 2025 5:18 PM

New Delhi, May 18 (IANS) The move by the government to restrict all type of readymade garments (RMG) from Bangladesh through land ports is going to increase cost of imports of Bangladesh garments and create new opportunities for domestic RMG manufacturers, the Confederation of Indian Textile Industry (CITI) said on Sunday.

8 years of GST: CBIC celebrates ‘Sundays on Cycle’

IANS | May 18, 2025 3:43 PM

New Delhi, May 18 (IANS) In the run-up to the completion of eight years of GST, the Central Board of Indirect Taxes and Customs (CBIC), in coordination with the ‘Fit India Movement’, on Sunday organised a nationwide cyclothon titled “Sundays on Cycle”.

Adani Defence joins Sparton to indigenise anti-submarine warfare solutions for India

IANS | May 18, 2025 3:40 PM

Ahmedabad, May 18 (IANS) Adani Defence and Aerospace on Sunday said it has signed a collaboration agreement with Sparton (DeLeon Springs LLC), a group company of Elbit Systems and a leading provider of advanced anti-submarine warfare (ASW) systems. This marks a significant step toward localising the assembly of complex electronic systems and advanced ASW solutions for the Indian and global markets.