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India resets quality norms amid mounting WTO scrutiny

Mint Mumbai

|

January 02, 2026

The shift follows a series of Quality Control Order withdrawals over the past few months

- Dhirendra Kumar

The Centre is shaping a wider and more deliberate standards strategy for 2026, moving to realign Quality Control Orders (QCOs) with actual testing and laboratory capacity while easing friction with key trading partners.

The shift follows a series of QCO withdrawals over the past few months and growing scrutiny at the World Trade Organization (WTO), prompting a recalibration that ties future QCOs to laboratory readiness, phased transitions, and clearer justification for regulatory intervention.

The new approach marks one of the most comprehensive resets of India’s quality regime since the QCO framework began expanding rapidly after 2014. The government had earlier set an ambitious target to eventually bring 2,000-2,500 products under mandatory quality norms. For FY26 alone, officials had planned to notify over 700 additional products under the QCO regime.

MEER VERHALEN VAN Mint Mumbai

Mint Mumbai

Mint Mumbai

Smartphone PLI nears sunset, but a new dawn is likely

The government is discussing an extension or a completely new production-linked incentives plan for assembling mobile phones in India as the existing ₹40,995 crore scheme expires in March, a top official said.

time to read

2 mins

January 02, 2026

Mint Mumbai

India sees a rise in tiger deaths in 2025

India, home to the world's largest tiger population, has lost as many as 166 of these majestic animals in 2025, which is 40 more than the previous year, due to various reasons, as per the latest data of the National Tiger Conservation Authority (NTCA).

time to read

1 min

January 02, 2026

Mint Mumbai

Bulgaria 21st nation to adopt the euro

Bulgaria on Thursday became the 21st country to switch to the euro, a milestone met with both cheers and fears, nearly 20 years after the Balkan nation joined the European Union.

time to read

1 min

January 02, 2026

Mint Mumbai

Stock markets start 2026 on a flat note

Equity benchmark indices Sensex and Nifty ended almost flat on the first trading session of 2026, as massive selling in stocks of tobacco firms, including ITC, and foreign fund outflows amid thin investor participation diminished the initial enthusiasm.

time to read

1 min

January 02, 2026

Mint Mumbai

Dozens die in Swiss ski resort bar blaze

Dozens of people were killed and around 100 injured, most of them seriously, after fire tore through a crowded bar during a New Year's Eve party in the upscale Swiss ski resort of Crans-Montana, officials said on Thursday.

time to read

1 min

January 02, 2026

Mint Mumbai

Stock market fireflies fade but value glows

Indian equities are entering a far more selective phase in 2026, leaving behind the pandemic-era rally that lifted stocks almost indiscrimi- nately. A liquidity- and retail- fuelled boom has given way to a market where returns hinge squarely on earnings durabil- ity rather than momentum.

time to read

2 mins

January 02, 2026

Mint Mumbai

Mirae Asset Venture appoints Puneet Kumar CEO

Mirae Asset Venture Investments (India) has appointed former SteadView Capital managing director Puneet Kumar as the new chief executive officer of its venture capital and private investing business.

time to read

1 min

January 02, 2026

Mint Mumbai

Russia’s strikes on Odesa aim to cut Ukraine's economic lifeline

A day before President Volodymyr Zelensky made his case for more American support at President Trump ’s Mara-Lago resort over the weekend, Russia slammed another wave of drones into a slice of Ukraine’s own prime beachfront real estate: the Black Sea port of Odesa.

time to read

3 mins

January 02, 2026

Mint Mumbai

Mint Mumbai

Cognizant faces US cases over data loss

Cognizant Technology Solutions Corp is facing multiple class action lawsuits in the US alleging that its healthcare claims processing unit TriZetto failed to make timely disclosures after a cyberattack that allegedly went undetected—or undisclosed—for nearly a year.

time to read

2 mins

January 02, 2026

Mint Mumbai

Vodafone Idea gets ₹638 cr GST penalty

Telecom operator Vodafone Idea Ltd (VIL) on Thursday said it has received about ₹638crore GST penalty order from the office of additional commissioner, central goods and service tax, Ahmedabad.

time to read

1 min

January 02, 2026

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