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India Accounts For 20% Of Global Generic Drug Supply; IP Rules WTO-Compliant: GTRI

New Delhi, May 4 -- India's intellectual property (IP) framework remains compliant with global trade rules while supporting affordable healthcare worldwide, according to the Global Trade Research Init... Read More


DFS Holds Colloquium to Strengthen Debt Recovery Framework, Focus on Faster Case Disposal

New Delhi, May 4 -- The Department of Financial Services (DFS) under Ministry of Finance held a colloquium of chiefs of Debts Recovery Appellate Tribunals (DRATs) and presiding officers of Debts Recov... Read More


India's Investment-To-GDP Ratio Seen At 37.5% By FY30: Morgan Stanley

New Delhi, May 4 -- Global brokerage Morgan Stanley has raised its forecast for Indias investment rate, citing emerging opportunities despite global concerns over oil prices and the ongoing conflict i... Read More


India Manufacturing PMI Rises To 54.7 In April, Growth Remains Modest: HSBC Survey

New Delhi, May 4 -- Indias manufacturing activity recorded a modest improvement in April, supported by stronger output, new orders and export demand, though overall growth remained among the weakest s... Read More


Finance Ministry Invokes Force Majeure Relief For Contracts Hit By West Asia Conflict

New Delhi, May 4 -- The Ministry of Finance has declared the ongoing West Asia situation as a Force Majeure (FM) event for government procurement contracts, allowing relief for contractors and supplie... Read More


Centre Relaxes FDI Norms, Allows 100% Foreign Investment In Insurance

New Delhi, May 4 -- The Centre has notified two major changes to foreign direct investment (FDI) rules, easing norms for certain overseas investors with exposure to neighbouring countries and allowing... Read More


Allahabad HC Says Banks Are Trustees, Not Investigative Agencies

Lucknow, May 4 -- The Lucknow bench of the Allahabad High Court has cautioned banks against the arbitrary freezing of customer accounts, stating that financial institutions act as trustees and not inv... Read More


Supreme Court Directs Allahabad HC Panel To Act Against Gautam Budh Nagar Bar Association Over Repeated Strikes

New Delhi, May 2 -- The Supreme Court has directed a three-judge committee of the Allahabad High Court to take action against Noida's Gautam Budh Nagar Bar Association for repeatedly abstaining from w... Read More


Cheque Bounce Liability Continues Despite IBC Liquidation Under Section 138 NI Act: Supreme Court

New Delhi, May 2 -- The Supreme Court has dismissed a Special Leave Petition challenging a Bombay High Court ruling that criminal liability under cheque bounce law continues even after liquidation pro... Read More


Admission Of Claims By Resolution Professional Not Acknowledgment Of Debt Under Limitation Act: SC

New Delhi, May 2 -- The Supreme Court has set aside a ruling of the National Company Law Appellate Tribunal (NCLAT) that treated admission of a creditor's claim by a resolution professional as an ackn... Read More