Domestic pharma players are betting on the Act, which still stands to blacklist five Chinese biotech firms from federally-funded research and contracts.
"The defence Bill doesn't override the Biosecure Act. Both Acts are independent of each other. We don't anticipate any adverse impact on the domestic pharma industry," said Viranchi Shah, national president, Indian Drugs Manufacturers Association.
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EY case puts spotlight on white-collar labour laws
â Decades-old laws largely focused on blue-collar workers
Pushpa 2 hits â¹1,000-crore milestone at global BO
ALLU ARJUN'S PUSHPA 2: The Rule has hit the milestone of â¹1,000 crore at the global box office in just six days, making it the fastest Indian film to register the feat.
Why international stars are pulling out of Hockey India League en masse
THE NO-SHOW
US hotels welcome Indian tourists with chai, samosa
POST-COVID BOOM
Credit card issuance slows in Q1: Report
THE ISSUANCE OF new credit cards in the first quarter of FY25 declined by over 34% compared to the same period last fiscalâto 4.4 million from 6.7 millionâaccording to the latest CreditScape report by CRIF High Mark.
MFs, pension funds must be active in corp bond market: Setty
STATE BANK OF India (SBI) chairman C S Setty on Wednesday called for active participation of mutual funds and pension funds in the corporate bond market.
Sebi notifies tighter insider trading rules
The Securities and Exchange Board of India (Sebi) has notified the expansion of the definition of \"connected persons\" who have access to price-sensitive information, with effect from December 5.
Equirus Wealth crosses â¹10K cr in assets under management
Equirus Wealth on Wednesday said it has surpassed â¹10,000 crore in assets under management (AUM).
Prioritising inclusion in social networking
Famm Connect acts as a LinkedIn for the LGBTQ+ community
Early detection to prevent TB spread
⢠AI-led solutions help screening for the disease