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MoSPI Initiates Comprehensive Revision of Key Economic Indicators

Official Press

09 Feb 2026

The Ministry of Statistics and Programme Implementation (MoSPI) is undertaking a detailed revision of the base year for Gross Domestic Product (GDP), Index of Industrial Production (IIP), and Consumer Price Index (CPI) for improved accuracy and global standardization. Guided by Technical Advisory Committees, this initiative will incorporate new methodologies and data sources, with updated weights. The revised series is set for release in early 2026.

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Indian Pharmacopoeia Commission Signs MoUs to Strengthen Drug Safety and Quality

The Indian Pharmacopoeia Commission (IPC), part of India's Ministry of Health and Family Welfare, signs three Memoranda of Understanding (MoUs) with the Goa State Pharmacy Council, Quality Council of India, and HLL Infra Tech Services Limited. These agreements aim to enhance drug safety, quality standards, and professional training,

Ministry of Corporate Affairs Advances Competition Law Reforms

In 2025, the Competition Commission of India registered 54 anti-competitive cases and received 149 merger filings. Following the Competition (Amendment) Act, 2023, significant reforms have been implemented to streamline proceedings and expedite case resolutions. A market study on AI and competition has been conducted to address emerging issues and to

India to Increase Thermal Power Capacity to Meet Future Demand

India's Ministry of Power has projected a significant increase in the country's thermal power capacity based on a study by the Central Electricity Authority (CEA). The ministry aims to raise the installed capacity of thermal (coal and lignite) power plants to approximately 3,07,000 MW

New Draft Electricity Amendment Bill Aims to Optimize Power Distribution

The Draft Electricity (Amendment) Bill, 2025, proposed by the Ministry of Power, seeks to eliminate redundant infrastructure in the power distribution sector. The current requirement for each new licensee to establish separate networks increases costs. The amendment allows multiple distribution licensees to utilize existing networks, with fees determined by the

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Indian Pharmacopoeia Commission Signs MoUs to Strengthen Drug Safety and Quality

Ministry of Corporate Affairs Advances Competition Law Reforms

India to Increase Thermal Power Capacity to Meet Future Demand

New Draft Electricity Amendment Bill Aims to Optimize Power Distribution