MoSPI issues guidelines for domestic product estimates

IBC's Decade of Transformation in India's Corporate Rescue

The Insolvency and Bankruptcy Code (IBC) has significantly reformed India's corporate rescue system over the past decade. By shifting control from promoters to creditors, the IBC has streamlined the resolution process, leading to faster recoveries and improved outcomes for financial creditors.

UPL gets approval for Bioclassic in India

BRICS MoU on standardisation would create framework for collaboration: Pralhad Joshi

India's Minister Pralhad Joshi announced the signing of a BRICS Memorandum of Understanding on standardisation, creating a framework for collaboration among the 11 member countries. The MoU, finalised under India's 2026 Chairship, aims to promote information sharing, best practices, technical collaboration, and capacity building among national standards bodies, and will help shape international standards at ISO and IEC.

GTRI Seeks Clear DPIIT Guidelines on New Quality Certification Regime; Warns of Compliance Hurdles

The Global Trade Research Initiative (GTRI) has urged the Department for Promotion of Industry and Internal Trade (DPIIT) to issue detailed operational guidelines for the new Transition Facilitation (Quality Control) Order, 2026, which creates an alternative compliance pathway under 10 Quality Control Orders (QCOs). GTRI warns that without transparent, time-bound approvals, the reform may replace one regulatory hurdle with another, especially given eligibility restrictions limiting access to companies incorporated under the Companies Act, 2013.