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Industry split, govt reviews import policy on refurbished med devices

NEW DELHI: As India pushes ahead with bilateral trade agreements, the issue of importing refurbished medical equipment has emerged as a contentious flashpoint in the medical devices sector. Domestic players have warned against easing restrictions, flagging patient safety risks and concerns over unfair competition, while MNCs are advocating a globally-aligned framework to allow wider access…

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Crypto, Banks Give Input to Fed ‘Skinny Master Account’ Idea

The Federal Reserve has heard arguments from crypto companies and banking associations on a proposal to allow so-called “skinny master accounts,” which would give fintech firms limited access to the central bank’s payments infrastructure. The Fed received 44 comments in response to its proposal, which closed on Friday, seeking feedback on offering a “payment account,”…

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Govt sends additional warships to Strait of Hormuz to ensure safe passage of Indian vessels: Report

NEW DELHI: India is deploying additional warships in the Arabian Sea and the Gulf of Oman to ensure safe passage for its fuel and LPG carrying vessels as tensions escalate around the Strait of Hormuz, Bloomberg reported citing sources.The Indian Navy has positioned more than half a dozen warships, including logistics vessels, as a precautionary…

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‘Moral cowardice’: Congress slams Centre as Middle East war enters third week, poses 4 questions to PM Modi | India News

NEW DELHI: Congress leader Jairam Ramesh on Saturday criticised the Centre, accusing Prime Minister Narendra Modi of ‘moral cowardice and political betrayal’ as the US-Israel conflict with Iran enters its third week.In a post on X, Ramesh highlighted that it has been over three weeks since the aerial assault on Iran began and 23 days…

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MHA forms 2nd empowered committee for Bengal to fast-track requests under CAA | India News

Ministry of home affairs. (File Photo) New Delhi: The Union home ministry on Friday constituted a second empowered committee for West Bengal to fast-track the processing of citizenship requests received under Citizenship Amendment Act, 2019 (CAA). CAA provides for grant of citizenship to immigra-nts from Pakistan, Afghanistan and Bangladesh belonging to their six minority faiths…

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