Piyush Goyal honoured with UK-India award for strengthening bilateral ties

IANS | June 26, 2026 2:07 PM

London/New Delhi, June 26 (IANS) Commerce and Industry Minister Piyush Goyal has been conferred the special award for exceptional leadership in elevating UK-India relations at the Annual UK-India Awards 2026 in London, recognising his contribution to strengthening bilateral ties between the two countries.

India’s MSME sector output crosses 31 pc of GDP, jobs touch 38.9 crore

IANS | June 26, 2026 1:30 PM

New Delhi, June 26 (IANS) MSMEs today play a pivotal role in driving India's economic growth and industrial development and the sector contributes about 31.1 per cent in GDP, 35.4 per cent in manufacturing output and 48.58 per cent in exports (as per January 2026), an official fact-sheet said on Friday ahead of the World MSME Day.

Centre eases compliance norms for food businesses through FSSAI rule changes

IANS | June 26, 2026 1:27 PM

New Delhi, June 26 (IANS) In a move aimed at improving the ease of doing business and reducing regulatory burdens on the food sector, the Ministry of Health and Family Welfare on Friday notified amendments to the Food Safety and Standards (Licensing and Registration of Food Businesses) Regulations, 2011.

Govt seeks comments on residual shelf-life requirement for imported drugs

IANS | June 26, 2026 11:08 AM

New Delhi, June 26 (IANS) The government has proposed easing the residual shelf-life requirement for imported drugs by replacing the existing norm of more than 60 per cent remaining shelf life with a minimum shelf life of 12 months at the time of import -- a decision aimed at improving supply chain efficiency and promoting ease of doing business in the pharmaceutical sector -- according to an official statement on Friday.

S. Korea to lower cap on fuel prices, freeze utility rates

IANS | June 26, 2026 9:15 AM

Seoul, June 26 (IANS) South Korea will lower the cap on fuel prices to reflect the recent decline in global crude oil prices, the finance minister said on Friday, while freezing electricity and gas rates in the second half this year.

DPIIT notifies quality control order to bolster supply chains, facilitate industry compliance

IANS | June 25, 2026 11:16 PM

New Delhi, June 25 (IANS) In a significant step towards strengthening India's quality ecosystem and enhancing industrial competitiveness, the Centre's Department for Promotion of Industry and Internal Trade (DPIIT) has notified the Transition Facilitation (Quality Control) Order, 2026, which rolls out a framework aimed at balancing regulatory compliance with innovation, technological advancement and supply chain resilience.

India's steel sector records steady growth in May

IANS | June 25, 2026 11:09 PM

New Delhi, June 25 (IANS) India's production of finished steel during May this year went up to 13.8 million tonnes which represents a 6.8 per cent increase over the corresponding figure of 12.9 million tonnes in the same month last year, according to data released by the Ministry of Steel on Thursday.