Latest pharmaceutical industry News & Updates

New Delhi, June 13 (IANS) Commerce and Industry Minister Piyush Goyal on Saturday said that serving ‘Bharat’ under the dynamic leadership of Prime Minister Narendra Modi has been “one of the greatest honours of my life”.Replying to PM Modi, who extended birthday greetings to him, Goyal said on X that the “nation is fortunate to have you as the longest serving Prime Minister and I will always be committed to work tirelessly under your guidance in our transformative journey towards Viksit Bhar…

New Delhi, June 11 (IANS) Union Minister of Commerce and Industry Piyush Goyal is set to visit Switzerland’s capital Berne from June 12-13 for discussions with senior representatives of the Swiss Government and leaders of the Alpine country’s pharmaceutical industry, according to an official statement issued on Thursday.The deliberations are expected to focus on the implementation of Trade and Economic Partnership Agreement (TEPA), addressing operational issues arising from the agreement, an…

New Delhi, June 11 (IANS) A scientific conclave and interactive session on the Indian Pharmacopoeia (IP) 2026 was held in Haridwar to raise awareness of new provisions under IP and promote quality compliance across the pharmaceutical manufacturing sector, the government said on Thursday.Indian Pharmacopoeia Commission (IPC), an autonomous institution under the Ministry of Health and Family Welfare, organised the conclave, in collaboration with the Association of Devbhumi Pharma Industries and af…

Washington, June 3 (IANS) US Secretary of State Marco Rubio warned that China’s dominance of global critical mineral supply chains poses a growing threat to economic and national security, saying the United States is expanding partnerships worldwide to reduce dependence on Beijing for resources vital to advanced technologies, defence systems and industrial production.Speaking before the House Appropriations Subcommittee on National Security, Department of State and Related Programs, Rubio said t…

New Delhi, May 21 (IANS) The Indian Council of Medical Research (ICMR)’s multicentric Phase III clinical trial has found that Ayurvedic formulations are therapeutically equivalent to standard iron-folic acid supplementation in treating moderate iron deficiency anaemia among women, an official statement said on Thursday.The ICMR has organised ‘1st ICMR Annual Clinical Trial Meet 2026’ to strengthen India’s clinical trial ecosystem and advance evidence-based integrative medicine research in the …

Washington, May 6 (IANS) The United States trade deficit widened in March as imports outpaced exports, even as the American goods gap with India narrowed compared to the same period last year, according to official data.The US Census Bureau and the Bureau of Economic Analysis said the overall goods and services deficit rose to $60.3 billion in March, up $2.5 billion from a revised $57.8 billion in February.US exports in March stood at $320.9 billion, an increase of $6.2 billion from February, wh…

Surat, May 2 (IANS) Micro, small, and medium enterprises (MSMEs) were identified as a key driver of India’s push towards global competitiveness and self-reliance during discussions at the MSME Conclave held as part of the Vibrant Gujarat Regional Conference (VGRC) in Surat.​ At the programme, experts focused on digital transformation, supply chain integration, and international market access.​The session, held at Auro University on the second day of the conference, centred on productivity …

New Delhi, April 26 (IANS) The FTA with New Zealand is expected to give a big push to India’s leather industry, which expects to grow to $50 billion by 2030, driven by a strategic shift from mass production to high-value-added manufacturing, the Ministry of Commerce and Industry said on Sunday. On the eve of the signing of the India-New Zealand Free Trade Agreement (FTA), Union Minister for Commerce and Industry Piyush Goyal and his New Zealand counterpart Todd McClay participated in an Indust…

New Delhi, April 8 (IANS) Amid rising tensions in the Middle East, the Indian government on Wednesday introduced a new formula for LPG allocation aimed at supporting critical sectors such as pharmaceuticals, food processing, and agriculture.According to the Ministry of Petroleum and Natural Gas, the revised policy will ensure bulk LPG supply to a wide range of industries, including pharma, food, polymers, agriculture, packaging, paints, steel, ceramics, glass, and aerosols.These sectors are cons…

New Delhi, April 4 (IANS) The government is working to ensure minimal disruption to supply chains amid global uncertainties, while remaining prepared for a potential dip in exports and imports, Commerce Secretary Rajesh Agrawal said on Saturday.Addressing the press conference on the sidelines of a ‘Chintan Shivir’ session in Hyderabad, Agrawal told the media that the initiative aims to bring together government and industry stakeholders to identify challenges and chart a clear roadmap.The offi…