RBI’s Monetary Policy Review : The Reserve Bank of India (RBI) conducted a crucial monetary policy review, where it decided to maintain the status quo on interest rates. This decision comes amid concerns over inflationary pressures and global economic uncertainties. The RBI’s stance is critical as it reflects the central bank’s approach to balancing economic growth with inflation control in the current macroeconomic environment. This decision will have a significant impact on various sectors, including banking, real estate, and consumer spending.

This update is essential as it influences financial markets, consumer interest rates, and the overall economic outlook of the country.

Pharmaceutical Regulatory Changes: India’s top drug regulator has introduced a new requirement mandating that pharmaceutical companies must comply with Good Manufacturing Practices (GMP) to receive license approvals. This change is vital for maintaining the credibility of India’s pharmaceutical industry on the global stage, especially amid growing scrutiny over the quality of its products