Amid growing demand for stricter compliance with safety and quality control norms for medical products, the Centre is framing a law to strengthen the legal framework for drug quality testing and market surveillance, along with regulation of medical devices and cosmetics.

One of the major reasons behind the drafting of the law is the repeated complaints and concerns flagged by health regulators across the globe, including the WHO, over serious quality lapses by Indian drug manufacturers.

China on Wednesday filed a complaint with the World Trade Organization (WTO) over India's electric vehicle (EV) and battery subsidies, claiming that the measures give an "unfair competitive advantage" to the domestic manufacturers and undermine China's interests, Reuters reported.

In a statement, China's Ministry of Commerce said it will take "firm measures" to effectively safeguard the legitimate rights and interests of its domestic industries.

The Supreme Court on Wednesday sought response of Ilaiyaraaja Music N Management Pvt Ltd (IMMA) on a plea of Sony Entertainment seeking to transfer to the Bombay High Court a fresh copyright dispute instituted by the music composer's firm in the Madras High Court.

A bench comprising Chief Justice B R Gavai and Justice K Vinod Chandran took note of the submissions of senior advocate Abhishek Singhvi, appearing for Sony Entertainment.

The Supreme Court on Wednesday eased its ban on green firecrackers and permitted their offline sale in Delhi-NCR, subject to strict conditions, news agency PTI reported.

The court said Delhi residents will be allowed to burst green crackers between October 18 and 21, from 6 pm to 10 pm, including on Diwali and the day before the festival. All green crackers sold must carry QR codes for verification.

South Korean auto major Hyundai Motor Co President & CEO Jose Munoz on Wednesday said the company's Indian arm will invest ₹45,000 crore by FY30, aiming to make India its second-largest region globally.

Addressing investors here in his first visit to the country, Munoz said Hyundai Motor India Ltd (HMIL) has set a target of up to 30 per cent export contribution.

Pakistan Prime Minister Shehbaz Sharif on Monday (local time) lauded US President Donald Trump for his role in brokering peace in Gaza, calling him “genuinely, a man of peace".

Sharif made the remarks at the Gaza Peace Summit in Sharm el-Sheikh, Egypt, shortly after Israel and Hamas agreed to a ceasefire.

LG Electronics India share price: The much-awaited LG Electronics India made a strong debut on Dalal Street on Tuesday, October 14, 2025, with its shares listing at ₹1,710 on the NSE, reflecting a premium of 50 per cent over the issue price of ₹1,140. Shortly after listing, the stock traded at ₹1,703, slightly down from its opening but still holding notable gains.

The World Health Organization (WHO) has issued a warning against three Indian-made cough syrups, including Coldrif by Sresan Pharmaceuticals, which has been linked to the deaths of at least 21 children in Chhindwara, Madhya Pradesh.

According to a report by Reuters, the WHO identified specific batches of Coldrif (Sresan Pharmaceuticals), ReLife (Shape Pharma), and Respifresh TR (Rednex Pharmaceuticals) as contaminated.

In a major breakthrough toward ending months of violence, the last 20 remaining hostages held in the Israel-Gaza conflict have been released, reuniting with their families after enduring what Former US President Joe Biden described as "unimaginable hell."

In a statement issued following the news, Biden expressed deep gratitude and relief over the release and the renewed ceasefire deal that made it possible.

Dubai-based Emirates NBD Bank is in advanced talks to acquire a 51 per cent stake in Indian private lender RBL Bank, Mint reported, citing two sources.

The group is expected to buy around 26 per cent from institutional investors and then make an open offer for an additional 25 per cent, the report added.

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