India's DCGI halves clinical and marketing approval timelines and removes pre‑clinical clearance Change India's Drug Controller General of India (DCGI) cut clinical trial approval windows to 120–135 days, capped marketing authorisation decisions at under 150 days, and abolished regulatory clearance for pre‑clinical studies. Why it matters Regulatory decisions will be issued in a much shorter, fixed review window, reducing the time available to address deficiencies or submit additional evidence. Allowing pre‑clinical studies to proceed without prior clearance shifts responsibility for study design, data quality and ethical compliance onto sponsors and their trial partners. Economic Times · Apr 14 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
Punjab Assembly criminalizes sacrilege against the Guru Granth Sahib with life term and ₹25 lakh fine Change The Punjab Assembly passed a law making sacrilege against the Guru Granth Sahib a non-bailable criminal offence that mandates swift investigation and carries penalties of up to life imprisonment and a fine of up to ₹25 lakh. Why it matters Routine bail for persons accused of sacrilege is effectively blocked, increasing the likelihood of detention during investigation. Police and public prosecutors are required to accelerate evidence-gathering and charge-building so cases proceed under the statute’s enhanced-penalty framework, and courts must prioritise custody and bail hearings under the new legal standard. The Hindu · Apr 13 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
India's National Company Law Tribunal orders insolvency proceedings against Venugopal Dhoot over Rs 6,157.57 crore Change India's National Company Law Tribunal (NCLT) Mumbai bench initiated personal insolvency proceedings against Venugopal Nandlal Dhoot as guarantor to Videocon Industries Ltd and Videocon Telecommunications Ltd, appointed Asish Narayan as resolution professional, and ordered a public notice to be issued within seven days. Why it matters The order subjects Dhoot to a formal personal insolvency resolution process that channels all creditor claims into the Insolvency & Bankruptcy Code (IBC) framework and removes scope for ad hoc bilateral settlements. Control over claim admission and the timetable for a repayment plan now rests with the appointed resolution professional, constraining Dhoot's ability to settle or restructure obligations outside the statutory process. Economic Times · Apr 13 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
India caps glufosinate imports below Rs 1,154 per kg Change India restricted imports of the herbicide glufosinate and its salts for six months, blocking consignments whose combined cost, insurance and freight plus applicable anti-dumping duty fall below Rs 1,154 per kilogram and placing some product categories under a government registration requirement. Why it matters Sourcing glufosinate at previously low landed prices is now effectively barred until the restriction ends, narrowing viable supplier offers. Import clearance will hinge on higher declared landed values or formal government registration, creating an immediate compliance hurdle for buyers, brokers and financiers. Economic Times · Apr 13 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
India cuts import duty to zero on key petrochemical feedstocks Change India has exempted Basic Customs Duty (BCD) on a range of petrochemical feedstocks including methanol, styrene, vinyl chloride monomer, monoethylene glycol (MEG), phenol, acetic acid, purified terephthalic acid (PTA), and related inputs, reducing the effective import duty to nil. Why it matters Import costs for core chemical inputs across plastics, polyester, packaging, and industrial manufacturing chains drop immediately, altering landed cost structures and supplier economics for downstream producers. CBIC · Apr 13 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
India eases inspection requirement for rice exports to non-EU European markets for six months Change India relaxed export policy conditions for rice (HSN 1006), limiting mandatory inspection certificates to EU member states, the UK, and select European countries, while exempting other European destinations from this requirement for six months from the date of notification. Why it matters The change removes a mandatory inspection step for certain export destinations, reducing compliance costs and shortening shipment timelines. DGFT · Apr 13 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
India extends $1,400/tonne minimum export price on natural honey until December 2026 Change India extended the minimum export price (MEP) for natural honey at USD 1,400 per metric tonne (FOB), with validity now running until December 31, 2026. Why it matters The extension keeps a binding export price floor in force, preventing Indian exporters from selling below USD 1,400/tonne and limiting low-cost supply into global markets. DGFT · Apr 13 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
India removes import cess on ammonium nitrate for three months Change India has exempted the Agriculture Infrastructure and Development Cess (AIDC) on ammonium nitrate imports, reducing the effective cess rate to nil from 2 April to 30 June 2026. Why it matters Import costs for ammonium nitrate—a key input in explosives, mining, and industrial applications—drop for the three-month window, temporarily altering input cost structures and procurement timing. CBIC · Apr 12 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
India’s NCLAT confines real estate insolvency proceedings to project-level claims Change India’s National Company Law Appellate Tribunal (NCLAT) confined the corporate insolvency resolution process (CIRP) to the specific defaulted real estate project and directed that claim filings be limited to that project with a 14-day submission window under the CIRP Regulations, 2016. Why it matters The order establishes a project-level ring-fence in real estate insolvency: claims, recoveries, and resolution assets are restricted to the specific defaulted project rather than the developer’s wider portfolio. Cross-project claims or offsets will not be recognised within the same CIRP, altering recovery expectations and claim strategy for all stakeholders. Economic Times · Apr 12 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
India’s Delhi mandates electric-only new registrations for two- and three-wheelers Change Delhi, India will prohibit registration of new petrol two-wheelers from April 1, 2028 and require that all new three-wheeler registrations be electric from January 1, 2027. Why it matters The policy removes internal-combustion vehicles as a valid option for new fleet additions in one of India’s largest urban transport markets. Vehicle sourcing, fleet expansion, and dealer inventory strategies must shift to electric models within defined timelines, eliminating the ability to add petrol or diesel vehicles to the city’s operational fleet. Economic Times · Apr 12 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
India raises diesel and aviation fuel export duties, tightening outbound fuel arbitrage Change India raised export duties on high-speed diesel to ₹55.5 per litre from ₹21.5 and on aviation turbine fuel to ₹42 per litre from ₹29.5, effective immediately. Why it matters The higher export levies eliminate the previous lower-duty arbitrage window against international prices, increasing the effective cost of exporting fuel from India. Export pricing, contract terms, and shipment economics must now incorporate the revised duty structure to avoid clearance shortfalls or margin erosion. Economic Times · Apr 11 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
India’s Karnataka state imposes 5–10% lifetime road tax on electric cars, jeeps and buses Change India’s Karnataka state amended its Motor Vehicles Taxation rules to impose a one-time lifetime road tax on electric cars, jeeps and buses at 5% for vehicles priced under ₹10 lakh, 8% for ₹10–25 lakh and 10% above ₹25 lakh, payable at registration; electric two-wheelers remain exempt. Why it matters The amendment removes EV tax exemption in one of India’s key auto markets, introducing an upfront cost burden at purchase. Automakers, financiers and fleet operators must now adjust pricing, demand expectations and financing structures for EV sales in Karnataka. Economic Times · Apr 11 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link