The FSSAI defines analogue dairy products as non-milk constituents that resemble milk products. Maharashtra has banned analogue paneer for a year, imposing severe penalties for violations under the Food Safety Act, 2006, including possible life imprisonment for unsafe food that causes death.
Foreign investment is now permitted in export-only ecommerce inventory operations. Companies must register as Exporter-on-Record to stock goods solely for overseas sales.
The Reserve Bank of India has maintained its benchmark repo rate at 5.25 percent, a move likely to foster buyer confidence and stimulate housing demand.
