Govt Eyes IBC Route for STC, PEC Closure, ET LegalWorld

NCLT (Illustrative) New Delhi: The government will have a relook at the closure of State Trading Corporation of India Limited (STC) and PEC Limited through the Bankruptcy Code, the first instance of pursuing closure of central public sector enterprises or CPSEs through this mechanism. Both these firms are categorised as a nonperforming asset or NPA […]

Economy

Centre developing ‘co-operative stack’ to deliver govt schemes through PACS

On the lines of Agri Stack, the government is developing a “co-operative stack” by integrating various schemes in the sector which can be delivered through Primary Agricultural Credit Societies (PACS) ensuring greater benefits in rural areas. Addressing a workshop on emerging technologies in PACS, organised by PHD Chamber of Commerce, Ashish Bhutani, Secretary in Cooperation […]

Economy

Govt extends minimum import price of ₹20,108 per tonne on soda ash imports up to Dec 31

Soda ash is used in various industries, including glass manufacturing, detergents and chemicals | Photo Credit: S_KOTHANDARAMAN The government on Monday extended the Minimum import price (MIP) of ₹20,108 per tonne on the import of soda ash up to December 31 this year. Soda ash is used in various industries, including glass manufacturing, detergents and […]

Nagpur govt hospitals fall short of cataract surgery targets, ET HealthWorld

Nagpur: Despite chief minister Devendra Fadnavis’ push for eliminating avoidable blindness through mass cataract surgeries, govt hospitals and affiliated institutions in Nagpur district are falling short of their annual targets under this key public health initiative. As per official data for the year 2024–25 (updated till March 2025), govt and govt-affiliated hospitals in Nagpur collectively […]

Drug labelling norms under review: Expiry date readability flagged; govt panel to examine packaging reforms

India’s top drug regulator has set up a sub-committee to revamp labelling norms on medicinal products after receiving consumer complaints about illegible expiry dates and glossy packaging that hampers readability.The Drugs Consultative Committee (DCC), under the Central Drugs Standard Control Organisation (CDSCO), took up the issue earlier this month and recommended the formation of a […]

Economy

Govt, industry, academia working to resolve issues concerning rare earth magnets: Meity official

The government, industry and academia are working to resolve the issues concerning rare earth magnets, which are used in the automobile sector and other devices, a senior Meity official said on Friday. The technology exists to make rare earth magnets, but to produce them at a commercially competitive rate is a challenge, Ministry of Electronics […]