May 13, 2021
Every day we compile the latest news on the Indian economy to keep you abreast and updated on the current state of commercial affairs. So that Indian economy news stays fresh and crisp as your daily newspaper, with inputs from the best resources. Our compilations bring business news reports that are relevant today and tomorrow, giving vital inputs on the various sectors of the Indian Industry and trade. The news gathered from across the financial and political hubs of India so that you know the shape of things to come in the Indian economy.
Pharmaceutical market in India registered an increase of 51.5% YoY in April 2021, according to India Ratings and Research (Ind-Ra) data.
Government of India engaged with the manufacturers to ramp up production of Amphotericin B - to fight mucormycosis.
Union Cabinet approved Memorandum of Understanding between Institute of Chartered Accountants of India and Qatar Financial Centre Authority, to strengthen the accounting profession and entrepreneurship base in Qatar.
Union Cabinet approved PLI (Production Linked Incentive) scheme "National Programme on Advanced Chemistry Cell Battery Storage".
Reserve Bank of India (RBI) granted prepaid payment instruments (PPI) authorisation to Eroute Technologies.
Indian FMCG industry registered 9.4% growth in January - March 2021, driven by strong rural performance and demand recovery from metro cities.