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.

Adani Ports secures ‘BBB’ upgrade from S&P, matches India’s sovereign rating

IANS | June 25, 2026 10:59 PM

Ahmedabad, June 25 (IANS) Adani Ports and Special Economic Zone Limited (APSEZ) on Thursday said that S&P Global Ratings has upgraded its long-term issuer credit rating and the issue rating on its senior unsecured notes to “BBB” from “BBB-“ with a “Stable” outlook, citing its robust cash generation and ability to fund an ambitious expansion plan while maintaining healthy leverage.

India remains global growth engine: IMF

IANS | June 25, 2026 9:57 PM

Washington, June 25, (IANS) India continues to be a major driver of global economic growth despite the economic impact of the Iran conflict and higher energy prices, the International Monetary Fund (IMF) said on Thursday, while cautioning that the country has not been immune to disruptions in global energy markets.