Joint Secretary in the DPIIT Sanjiv said that the “aim is to promote production of high quality products”. The department is continuously engaged with BIS (Bureau of Indian Standards) and concerned stakeholders for identification of products for which quality control orders (QCOs) could be issued. “QCOs are good for us and we are not bringing this in a hurry. We want to handhold the industry,” he added.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may