Category: WPC

Introduction: Inflation, which soared to multi-decade highs, has begun to recede in many economies. However, according to the Bank for International Settlements (BIS), central banks still face significant challenges on the path to restoring price stability. Despite their extensive efforts in tightening monetary policies, the final phase of this journey proves to be the most demanding.Factors Behind Inflation Moderation: The progress achieved thus far in the battle against inflation can be attributed to the alleviation of supply chain disruptions and the decline in commodity prices. Yet, labor markets remain tight, and controlling price growth in the services sector has proven to be more challenging. There exists a tangible risk of an inflationary psychology taking hold, where wage and price increases mutually reinforce each other. Consequently, the BIS's Annual Economic Report…

Introduction: Welcome to our comprehensive guide on obtaining the coveted FSSAI certification! Whether you're a food business operator, an aspiring entrepreneur, or simply a food enthusiast, understanding the importance of FSSAI and gaining certification is a crucial step towards ensuring food safety and quality. In this informative article, we will explore what FSSAI is, its full form, and provide you with a step-by-step breakdown of the certification process. So, let's dive right in! Section 1: Demystifying FSSAI – The Shield of Food Safety In this section, we will shed light on the significance of FSSAI certification, emphasizing the vital role it plays in safeguarding consumer health. Learn about the full form of FSSAI (Food Safety and Standards Authority of India) and grasp the breadth of its responsibilities in regulating and…

The Indian government has launched a new Centre of Excellence to Accelerate Adoption of Energy Efficient Technologies (UTPRERAK). The Centre, which is located in New Delhi, will serve as a platform for the demonstration, dissemination, and training of energy-efficient technologies.UTPRERAK is the brainchild of the Bureau of Energy Efficiency (BEE), a government agency that is responsible for promoting energy efficiency in India. The Centre is expected to play a key role in helping India meet its ambitious targets for reducing greenhouse gas emissions.The Centre has three demo halls that showcase energy-efficient technologies for five key sectors: iron and steel, cement, paper, chlor-alkali, and textiles. The Centre also has two lecture halls that will be used for training and education activities.In addition to its demonstration and training facilities, UTPRERAK will also…

The Food handling and Guidelines Authority of India (FSSAI) has reported that it will never again support food items that contain nutrients or minerals over one Suggested Dietary Stipend (RDA) level. The choice was made heeding the guidance of the FSSAI's Master Council, which presumed that such items are more likened to drugs and ought to be directed under the Medications and Beauty care products Act.The FSSAI had recently permitted food items with nutrients or minerals dependent upon one RDA level to be directed under the Food handling and Norms (Endorsement for Non-Determined Food and Food Fixings) Guidelines, 2017. Notwithstanding, the Master Board of trustees found that these items can make remedial impacts and in this manner ought to be dependent upon similar guidelines as professionally prescribed drugs.The restriction on…

Market Research Future (MRFR) has published a research report titled "LED Lighting Market" which provides insights into the deployment mode, installation type, product type, distribution channel, end-use application, and region of the market. The report predicts that the LED lighting market will grow at a CAGR of 11.20% between 2022 and 2030, reaching a market size of approximately USD 135.36 billion by the end of 2030.Key Players in the LED Lighting MarketProminent players in the global LED lighting market, as profiled in the report, include Phillips Lighting Holding B.V. (Netherlands), GE Lighting (US), Samsung Electronics (South Korea), Sharp Corporation (Japan), and Eaton Corporation (Ireland).Market Opportunities and DriversThe report highlights several factors driving the growth of the LED lighting market. One key driver is the cost savings associated with LED lighting.…

Date: June 27, 2023In a significant development, the Indian government has introduced the Nandi portal, a digital platform designed to simplify the process of granting No Objection Certificates (NOC) for veterinary drugs and vaccines. The initiative, spearheaded by Union Minister Parshottam Rupala, aims to enhance transparency and efficiency in the regulatory approval process for veterinary products.The Nandi portal, developed through collaboration between the Department of Animal Husbandry and Dairying (DAHD) and the Central Drugs Standard Control Organization (CDSCO), promises to revolutionize the assessment and examination of proposals for veterinary drugs and vaccines. By leveraging digital technology, the portal will streamline operations, ensuring a smoother and more effective approval process.During the launch event, Union Minister Parshottam Rupala expressed his appreciation for the efforts of the DAHD and emphasized the role of…

Navigating the complex regulatory landscape for medical devices and pharmaceuticals can be a daunting task for any manufacturer looking to bring their products to market. This is where CDSCO Certification comes into play. What is CDSCO? CDSCO stands for Central Drugs Standard Control Organization, which is the regulatory agency responsible for the regulation of medical devices and pharmaceuticals in India. The agency falls under the purview of India's Ministry of Health and Family Welfare. What is CDSCO Certification? CDSCO Certification is the process by which medical devices and pharmaceutical products are reviewed and approved by the CDSCO before they can be sold in India. The certification process involves a thorough review of the product's safety, efficacy, and quality, as well as an evaluation of its manufacturing processes and labeling. CDSCO…

Introduction: In a recent development, the government has decided to extend the deadline for implementing the Mandatory Testing and Certification of Telecommunications Equipment (MTCTE) regulations. Originally scheduled to come into effect on July 1, the new deadline ranges from October 1 to January 1, 2024, depending on the specific product. The decision has sparked mixed reactions, with industry stakeholders expressing both concerns and support.Ensuring Quality and Security: The MTCTE guidelines mandate that all telecom equipment undergo mandatory testing and certification before being sold and deployed in networks. This regulatory framework plays a crucial role in guaranteeing the usage of reliable and secure equipment across the industry. The implementation of such measures aims to improve the overall quality and safety standards within the telecom sector.Revised Deadlines: The recent notification by the…

Introduction: The Bureau of Indian Standards (BIS) is working towards implementing a common set of building and development regulations across India. Under the Development and Building Regulations 2022, published by the BIS, the aim is to standardize building permits, planning approvals, and fire safety standards nationwide. This move is expected to enhance effectiveness, transparency, and safety, benefiting both individuals and the construction sector.Promoting the National Building Code 2016: The BIS, which operates under the Ministry of Consumer Affairs, Food, and Public Distribution, plans to promote the National Building Code 2016 in all states. By releasing a draft of development and building regulations, the BIS intends to facilitate the creation of secure and functional structures by leveraging the expertise of licensed construction professionals.Workshop and Collaboration with Regulatory Authorities: A two-day workshop…

Introduction: In a commendable effort to combat plastic pollution, Bollywood actress Dia Mirza, who is also a United Nations Environment Goodwill Ambassador, took part in a campaign called "Swarnim Himalaya" in the picturesque hill resort of Shimla, Himachal Pradesh. The initiative, organized by the team "Healing Himalaya" in collaboration with various government bodies, aims to remove plastic waste from the Himalayan region and raise awareness about the importance of responsible waste management.Dia Mirza's Support and Call for Civil Society Participation: Dia Mirza emphasized the significance of the "Swarnim Himalaya" campaign, stating that it has the potential to mobilize civil society participation and bring about a change in mindsets. She stressed that while many people believe it is not their responsibility to collect garbage, it should be a shared duty. Mirza…