AiMeD welcomes govt’s GST rate cut, MRP implementation relief for medical devices

IANS | September 13, 2025 11:52 AM

New Delhi, Sep 13 (IANS) The Association of Indian Medical Device Industry (AiMeD) on Saturday welcomed the timely directions issued by the Department of Pharmaceuticals (DoP), National Pharmaceutical Pricing Authority (NPPA) and the Central Drugs Standard Control Organisation (CDSCO) to ensure smooth implementation of the revised GST rates on drugs, formulations, and medical devices, effective from September 22.

GST reforms a landmark relief for auto industry: Piyush Goyal

IANS | September 13, 2025 9:23 AM

New Delhi, Sep 13 (IANS) As India marks 10 years of ‘Make in India’, this is an opportune time to aim higher, strengthen supply chains, build resilience, and contribute significantly to jobs, exports and high-quality manufacturing in the automobile industry, said Union Minister of Commerce and Industry, Piyush Goyal.

SEBI eases IPO shareholding rules, brings relief for large companies

IANS | September 12, 2025 6:51 PM

New Delhi, Sep 12 (IANS) The Securities and Exchange Board of India (SEBI) on Friday announced a series of regulatory changes after its board meeting, including a major relaxation in minimum public shareholding (MPS) norms for large companies planning initial public offerings (IPOs).

Piyush Goyal meets top EU officials to speed up talks on free trade pact

IANS | September 12, 2025 6:17 PM

New Delhi, Sep 12 (IANS) Union Commerce and Industry Minister Piyush Goyal on Friday met EU Commissioner for Agriculture and Food, Christophe Hansen, and EU Commissioner for Trade and Economic Security Maros Sefcovic, along with other officials of the EU delegation here as part of the efforts to expedite conclusion of a comprehensive free trade agreement (FTA).