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Lithium-ion batteries form part of the indispensable means by which the world has begun to accelerate its campaign toward a green energy future. Nearly all portable electronic devices, ranging from smartphones to laptops, now rely on lithium-ion batteries as a substitute for fossil fuels in various forms of electric vehicles. However, there is an enormous […]
On 29th October 2024, projects worth Rs 12850 crore were inaugurated by Prime Minister Narendra Modi for multiple health sectors. The government of India has recently announced an expansion of the Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana (PM-JAY) with a launch of Ayushman Vaya Vandana Card to cover people aged 70 and above. Reportedly, […]
AstraZeneca Pharma India, emerging as one of the leading pharma majors in the country, has received major approval from the Central Drugs Standard Control Organisation (CDSCO), for the import and distribution of its cancer drug, Lynparza (Olaparib) for medical purposes. The approval now lays the foundation for the combined usage of the drug along with […]
India, a country known for its love of tea, is currently experiencing a coffee revolution driven by up-and-coming businesses. Coffee was formerly thought of as a speciality drink, but it has now evolved into a symbol of modernity, innovation, and lifestyle. Indian cities are seeing a global coffee culture invasion, and local entrepreneurs are changing […]
Medication is used by people around the world to treat life-threatening illnesses, prevent pregnancy, and manage chronic diseases. Unknowingly, however, individuals use counterfeit medications daily—even in industrialised nations with well-functioning healthcare systems. They risk their life for something they ought to be able to rely on. The pharmaceutical business and international drug authorities are always […]
Kerala has once again been shown to be the greatest destination for foodies, even amid all the headlines about food adulteration in other regions of India. In the 2024 State Food Safety Index (SFSI), the South Indian has reclaimed the top spot, continuing its two-year reign as the nation’s leader in food security. Kerala’s ongoing […]
India’s energy transition journey has remained at the centre of global attention, not just because of its scale and ambition with which it comes but based on the fact that it holds the potency to reset the global renewable energy landscape. Being one of the world’s fastest-growing economies, India is addressing dual imperatives, that is […]
A meeting organized by the Food Safety and Standards Authority of India (FSSAI) with food businesses that operate online (called e-commerce Food Business Operators or FBOs) was held on 12th November 2024. FSSAI CEO Ganji Kamala V. Rao led the meeting to remind the important rules that businesses must follow to ensure the safety and […]
The decision to convert an OPC into a Private Limited Company is a process that not only grossly displaces any barriers to further enhancing the capital base or the concentration of ownership but also enhances the prospects for growth in the future. At the same time, this change requires strong corporate governance, which adds layers […]
Introduction EVs (Electric Vehicles) are experiencing strong growth in India. The Indian EV market was valued at approximately $3.21 billion in 2022 and is projected to grow to $113.99 billion by 2029, reflecting a compound annual growth rate (CAGR) of 66.52%. Such a high CAGR means that the populace is ready to accept electric options […]
Goods Services Tax (GST) is an indirect tax that replaces multiple taxes levied by the different tiers of government such as; such as the excise duty, VAT, services tax, etc. Introducing GST in India aimed to create a unified tax structure which makes it a single domestic indirect tax law. GST is levied on the supply […]
According to the CBDT’s latest notification on 25th October 2024, the due date to file ITR for fiscal year 2023-24 and assessment year 2024-2025 has been extended from October 31st to November 15th of 2024, providing an additional 15 days for compliance. This means taxpayers have more time to pay the tax without facing penalties. The […]
As the integration of sustainable practices increases, the Indian healthcare industry is anticipated to face rapid changes. Extended Producer Responsibility is one of the major policies that have shaped such change, it requires manufacturers to be responsible for their products throughout the lifecycle, ranging from production to post-consumer disposal. Since healthcare devices contribute to massive […]
EVs (Electric vehicles) are experiencing a significant boom in terms of adoption and growth. According to Business Today, India sold 1,665,270 EVs from April 2023 to March 2024, reflecting a 41% increase compared to the previous fiscal year. It averages to about 4,562 EVs sold daily, up from 3,242 the previous year. The Indian EV […]