Friday, August 8, 2025

Creating liberating content

Lip-Bu Tan, CEO of Intel, appears at an event organized

Revolut cards is seen in this illustration photo taken in

Related News

Lip-Bu Tan, CEO of Intel, appears at an event organized by the company. Andrej Sokolow | Picture Alliance | Getty Images Intel CEO Lip-Bu Tan addressed “misinformation” about his previous

India’s foreign exchange reserves fell by $9.322 billion to $688.871 billion for the week ended August 1, marking one of the steepest weekly declines in recent months, according to data

Revolut cards is seen in this illustration photo taken in Krakow, Poland on March 29, 2024. Jakub Porzycki | Nurphoto | Getty Images LONDON — Bank of England Governor Andrew

US stocks edged higher on Friday, keeping major indexes on track to close the week with gains, as upbeat earnings and relief over tariff policy continued to support sentiment. The

Sam Altman, left, and Elon Musk. Muhammed Selim Korkutata | Anadolu | Getty Images Sam Altman has dismissed longtime rival Elon Musk’s warnings that OpenAI is set to dominate Microsoft,

The government plans to award road projects worth Rs 10 lakh crore every year, with a target of Rs 7 lakh crore in project awards by the end of FY26,

Trending News

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

New steel ministry rules rattle medical device makers: Medical device makers seek BIS exemption; industry warns of system disruption

Word Count: 619 | Estimated Reading Time: 4 minutes


New steel ministry rules rattle medical device makers: Medical device makers seek BIS exemption; industry warns of system disruption
Representative image (AI-image)

Medical product manufacturers face potential supply disruptions due to new steel ministry regulations, which require raw materials used in steel products to meet Indian standards.Industry leaders expressed concerns about their inability to comply with the latest rules that mandate BIS certification for imported raw materials like hot rolled steel and ingots. Previously, this certification was only necessary for finished steel products from foreign suppliers. Manufacturers have petitioned the steel ministry to exempt stainless steel capillary imports from BIS certification requirements.Several manufacturers interviewed indicated that importing specific steel components remains essential, as low annual requirements make BIS certification commercially unviable for international vendors, a sreported by ET.Hindustan Syringes & Medical devices, which relies on Korean suppliers for specialised stainless steel capillary tubes, faces operational challenges. “This is a low volume material hence making the BIS certification process is not feasible both economically and operationally. We have therefore requested the ministry of steel for exemption of the BIS requirement for the import,” said Rajiv Nath, MD, HMD.The Association of Indian Medical Device Industry (AiMeD) has warned of potential healthcare system disruptions in a letter to the ministry. “Despite efforts to source stainless-steel strip from local manufacturers such as Tata Steel, Jindal, BSL, Anil Metal, Stelco, and Mecon Limited, the required specification for manufacturing SS capillary tubing is not available in India as it is not sustainable or economical to produce small batches of tubing,” the letter stated. “Manufacturing medical devices to global standards requires this specific stainless steel. Without it, the production, product quality, and delivery commitments, especially for exports, are at risk,” the letter further noted.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account