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…

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Market movers: Small-cap stocks jump up to 20%; Kimia Biosciences, Shemaroo, Innovana among top gainers

Several small-cap stocks surged as much as 20% in Monday’s trade even as benchmark indices slipped into the red amid brisk selling in large-cap counters.According to an ET report, top gainers included Kimia Biosciences (20.00%), Rapicut Carbide (20.00%), AI Champdany (20.00%), Shemaroo Entertainment (19.99%), Adinath Textiles (19.99%), Concord Drugs (19.98%), TN Telecom (19.94%), Innovana Thinklabs…

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India-Oman DTAA amended: What does the new tax treaty mean for salaried professionals, freelancers, and business owners? What experts say

India and Oman have revised their Double Taxation Avoidance Agreement (DTAA), first signed in 1997, to align with evolving global tax standards and cross-border economic realities. The updated pact, which comes into effect from May 28, 2025, aims to provide relief to individuals and businesses earning income in both countries by eliminating the risk of…

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Financial stability report: Indian economy continues to grow at a healthy pace, says RBI; financial system resilient amid global headwinds

The Indian economy continues to grow at a healthy pace, remaining a key driver of global growth due to sound macroeconomic fundamentals and prudent policies, according to the Reserve Bank of India’s latest Financial Stability Report (FSR) released on Monday.In its half-yearly assessment of the financial system, the RBI said, “Despite an uncertain and challenging…

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