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India Mandates Locally-Made Solar Cells for PV Modules by 2026
by Mahek Sancheti on 2024-12-11

The Indian government has declared that from June 2026, all clean energy firms in the country will have to use solar photovoltaic (PV) modules comprising cells produced locally.

Wockhardt Unveils Ground-breaking Antibiotic to Revolutionize Treatment for Drug-Resistant Pneumonia
by Mahek Sancheti on 2024-12-05

Mumbai-based healthcare enterprise Wockhardt has launched a new drug called 'nafithromycin' for community-acquired bacterial pneumonia (CABP). This is the latest drug, seen as a potential replacement to antibiotics like azithromycin that is facing growing resistance.

GST Hike Threatens MSMEs: CMAI Warns of 100,000 Job Losses in Apparel Industry
by Mahek Sancheti on 2024-12-05

The Clothing Manufacturers Association of India (CMAI) has voiced serious reservations over the rate change proposals on Goods and Services Tax (GST) for the apparel sector.

Steel Ministry Proposes 25% Safeguard Duty on Steel Imports to Protect Domestic Industry
by Mahek Sancheti on 2024-12-04

The steel ministry has proposed a 25 percent safeguard duty on the import of some steel products into India to address the grievances of the country's domestic steel industry.

CII Proposes Extension and Expansion of PLI Scheme to Strengthen Medical Device Sector
by Mahek Sancheti on 2024-11-30

The CII National Medical Technology Forum Chairman Himanshu Baid urged the government to extend the production-linked incentive (PLI) scheme for the medical technology sector.

Union Minister Nitin Gadkari Urges Reduction of Fossil Fuel Imports to Combat Pollution
by Mahek Sancheti on 2024-11-29

Union Minister Nitin Gadkari emphasized reducing fossil fuel imports to curb pollution effectively. Gadkari said there is great potential for developing a bio-fuel economy in the country.