News

Firm trade continues over Dalal Street Firm trade continued over the Dalal Street in early afternoon deals, with both Sensex and Nifty holding gains of over 0.30% each, aided by positive firm cues from other Asian markets along with heavy buying at IT, TECK and Realty counters. Sentiments remained positive, as India’s inflation based on wholesale price index (WPI) deflated for the third straight month in June, on the back of fall in prices of mineral oils, non-food Articles, crude petroleum & natural gas and electricity....
Firm trade continues over Dalal Street
Firm trade continues over Dalal Street
Source: Accord Fintech
14/07/2023 2:19:51 PM
Compulsory hallmarking of gold bullion not mandatory from July 1, consultations on The compulsory hallmarking of gold bullion is not going to become mandatory from July 1 as the Centre has only begun consultations with stakeholders. Consumer affairs ministry sources said that there is a lot of confusion over the fact that compulsory hallmarking is going to come into effect from July 1 onwards on gold bullion, which is not the case. "Mandatory hallmarking is not going to come into effect from July 1 onwards for gold bullion. The process to make it compulsory has...
Compulsory hallmarking of gold bullion not mandatory from July 1, consultations on
Compulsory hallmarking of gold bullion not mandatory from July 1, consultations on
Source: IANS
7/05/2023 2:16:38 PM
Indian goods exports easier due to harmonisation of standards With harmonisation of Indian standards with international standards such as ISO (International Organisation for Standardisation) and IEC (International Electrotechnical Commission), it has become convenient for Indian manufacturers to export their goods to international markets, an official said on Tuesday. "In fact, in many areas, India is leading in international markets," Bureau of Indian Standards (BIS) Director General Pramod Kumar Tiwari said at a press conference here. ...
Indian goods exports easier due to harmonisation of standards
Indian goods exports easier due to harmonisation of standards
Source: IANS
29/03/2023 9:02:24 AM
97% licences granted to MSMEs among toy making units, says government As many as 97 per cent licences have been granted to micro, small, and medium enterprises (MSMEs) among toy manufacturing units by the government. According to Commerce Ministry sources, out of the 1,097 licences granted by the Bureau of Indian Standards (BIS) to toy manufacturing units till date, as many as 1,061 or 97 per cent of them have been granted to MSMEs. This, sources said, has been done to promote startups and women entrepreneurs and also to facilitate domestic manufacturers,...
97% licences granted to MSMEs among toy making units, says government
97% licences granted to MSMEs among toy making units, says government
Source: IANS
16/03/2023 9:14:02 AM
Sale of hallmarked jewellery without six-digit unique ID number prohibited after March 31: Government The Bureau of Indian Standards (BIS) has prohibited sale of hallmarked gold jewellery or gold artefacts without the six-digit alphanumeric hallmark unique identification number (HUID) after March 31, 2023. The move announced on Saturday by the government, is aimed at protecting consumers and enhancing their confidence in purchase of hallmarked gold jewellery. Official sources said that it would ensure traceability and assure quality in gold jewellery. Consumers can check and authenti...
Sale of hallmarked jewellery without six-digit unique ID number prohibited after March 31: Government
Sale of hallmarked jewellery without six-digit unique ID number prohibited after March 31: Government
Source: IANS
6/03/2023 9:35:40 AM
Centre trying to set up 750 price monitoring centres by March 31, 2023 Secretary of Department of Consumer Affairs Rohit Kumar Singh said on Friday said while the Centre wants to have 750 price monitoring centres by March 31, 2023, all states should establish price monitoring centres in all districts. Singh, during a day-long workshop in Guwahati, said that the Centre intends to achieve the target of having 750 price monitoring centres by March 31, 2023 for which financial support will be assured. The Secretary said that through the Price Monitoring Divisi...
Centre trying to set up 750 price monitoring centres by March 31, 2023
Centre trying to set up 750 price monitoring centres by March 31, 2023
Source: IANS
3/12/2022 11:37:29 AM
From Meta to Zomato, how India's new online review rules will impact industry With the new Bureau of Indian Standards (BIS) guidelines coming into force to guard customers from fake online reviews of products, tech giants like Meta and Google, along with homegrown platforms like Zomato and Flipkart, will now face closer scrutiny of product reviews on their respective platforms. The guidelines, prescribing specific responsibilities for the review author and the review administrator, went live on Friday and are now applicable to every online platform which publishes c...
From Meta to Zomato, how India's new online review rules will impact industry
From Meta to Zomato, how India's new online review rules will impact industry
Source: IANS
26/11/2022 2:02:57 PM
India needs to become a quality conscious nation: Piyush Goyal Commerce Minister Piyush Goyal on Thursday said India needs to become a quality conscious nation and adopt quality as an integral part of the process in preparing the foundation of becoming a developed nation by 2047. Addressing a seminar on Bureau of Indian Standards (BIS) - emerging global trends in laboratories of Atmanirbhar Bharat, the minister said that until India becomes a leader in quality, it will not be able to become a developed economy. India will have to expand its manufac...
India needs to become a quality conscious nation: Piyush Goyal
India needs to become a quality conscious nation: Piyush Goyal
Source: IANS
4/11/2022 9:28:56 AM
Indian EV players hail new Government standards for lithium-ion batteries Electric vehicle (EV) players on Friday welcomed the Bureau of Indian Standards' (BIS) move to issue new performance standards for lithium-ion batteries to safeguard the consumers amid the rising EV fire episodes in the country. The BIS, which comes under the Union Consumer Affairs Ministry, has published the "performance standards for electronic vehicle batteries" in a bid to keep a strict control over the manufacturing of EV batteries. "There has never been a better...
Indian EV players hail new Government standards for lithium-ion batteries
Indian EV players hail new Government standards for lithium-ion batteries
Source: IANS
25/06/2022 9:56:51 AM