The draft proposal, now before the Drugs Controller General of India (DCGI), focuses on strengthening enforcement by amending the Drugs and Cosmetics Rules, 1945 and closing a major regulatory loophole. Currently, drug licences do not explicitly ban advertising—the draft proposes a ban on advertising high-risk Schedule G, H, H1, and X drugs as a mandatory…
NEW DELHI: Prices of budget smartphones and laptops in India have risen by almost 10% and a further increase may be on the anvil next year. The reason: memory chips, a crucial component of these devices, have become 50% more expensive since January, and an additional 50% price hike could be on the cards—making the…
The disagreements are over how India’s most important digital resource – radio spectrum – should be used, how much it should cost, when critical new frequencies should be released and whether telecom companies should get more flexibility in rolling out services. The biggest tension is over the 6 GHz band, which could power superfast Wi-Fi…
Once defined by broad-based and mass-market products, the beauty and personal care space is now seeing a number of direct-to-consumer players launching high-end lines. The shift signals not just a bid for higher margins, but an urgent need for sharper differentiation in a market crowded with lookalikes and aggressive discounting. Earlier this month, Mamaearth parent…
Earnings commentary from non-banking financial companies (NBFCs) and some housing financiers for the September quarter showed that delinquencies in small-ticket loans against property (LAP) were rising. This is a sign that pressure is now spreading beyond unsecured microfinance into what was once considered a relatively stable asset class, analysts said. LAP is a secured loan…
With none of the major festivals delivering hits this year, and in many cases post the pandemic in general, trade experts say the absence of big star vehicles is hurting, as is the trend of multiple titles competing for attention and eating into each other’s business. Theatre owners have also been accused of inflating ticket…
Life of Vi: Inside the unprecedented pivot that saved the telco ₹80,000 crore in debt should have killed Vodafone Idea. Instead, the government quietly took majority ownership, then engineered an unprecedented legal twist to reconsider its own AGR calculations. Our deep dive into this policy pivot.”/> …
The United States recently announced the rollback of reciprocal tariffs on more than 200 food products, a decision that is likely to benefit Indian farmers and exporters. While the Donald Trump administration’s latest action is primarily aimed at keeping domestic US inflation in check, it is expected to assist Indian exporters of agricultural commodities, who…
New Delhi: One of India’s top industry lobbies has asked the government to initiate discussions on providing range-extended electric vehicles or REEVs, a type of hybrid vehicle, tax parity with EVs to incentivise automakers to introduce such models. REEVs are electric vehicles supported by a small internal combustion engine to charge the battery when it…
The National Urban Co-operative Financial and Development Corp. Ltd (NUCFDC)—the umbrella body for India’s urban cooperative banks (UCBs)—plans to request the banking regulator to allow smaller UCBs with net worths below ₹50 crore to offer digital services, including internet banking. Under Reserve Bank of India (RBI) regulations, only banks with a net worth of more…