While complete report of the tests are expected in the next two to three days, the government said Maggi brand ambassadors will also be liable for action if advertisements are found to be misleading.

The Uttrakhand Food Safety Department has collected samples of the 'two-minute' noodles from the company's Pantanagar plant and other places in the state.

Nestle confidently says there are no stated levels of MSG in India and since it does not add any artificial glutamate in Maggi, it is not bound to mention the chemical on the packets.

Most spices that trade on exchanges are likely to do well in 2015.

Given its Hindutva leanings, the BJP's distaste for meat was no secret. However, meat exports witnessed a modest 10-per cent growth for the April to June period.

Finance Minister Arun Jaitley on Saturday presented his maiden full-year Budget for the 2015-16 financial year in the Lok Sabha. Read the full text of his speech here:

The European Union has lifted the ban on Indian mangoes. The removal is timely as the mango season in India begins from Feb and lasts till August.

Sun Pharmaceutical's move to acquire Ranbaxy is arguably the high point of 2014 for the pharmaceutical sector.

India has to break out from its low-quality past and embrace quality in the next stage of its growth.

Three moves by the American administration and regulators in two weeks may be a coincidence. Or, may be not, writes Business Today Managing Editor Josey Puliyenthuruthel.

Out of the 21 major commodities that trade on the National Commodity and Derivatives Exchange, 11 gave positive returns last year. Money Today discuss their prospects for 2014.

A regulatory system and laws exist, but critics say they are riddled with corruption and regulatory gaps, and their impact is uneven.

Generic drugs distributed in South Africa by Indian pharmaceutical giant Ranbaxy are \"safe\" and \"efficacious\", the country's regulator body said on Wednesday.

A close look at the Indian pharmaceutical industry shows a complicated regulatory structure and a web of entities at the central and state levels tasked with monitoring the sector. The regulator is now getting a makeover but better enforcement and safer medicines are yet a chimera.

The issuing of manufacturing licences should be strictly regulated and the frequency of spot audits stepped up along with severe penalties for non-compliance, writes Biocon CMD Kiran Mazumdar-Shaw.

India is the next great frontier for global retailers, a $500 billion market growing at 20 per cent a year. But a daunting array of permits force retailers to pay so-called \"speed money\" through middlemen or local partners to set up shop.

Organic foods are those made from agricultural products grown without the use of pesticides or chemical fertilisers. The demand for organic foods in India has seen a sharp growth in recent years. It is fast catching on with the Indian consumer, despite being more costly than the conventional kind.

While there are no clear estimates available, analysts believe, it all depends on length of time for which the generic version of Lipitor stays out of the market. It is estimated that the move could mean a hit of around $40 mn to $50 mn for the company given that it still has a good marketshare in the US.

Xi Jinping succeeded Hu Jintao as China's leader on Thursday, assuming the top posts in the Communist Party of China (CPC) and the powerful military in a once-a-decade political transition.

Draft proposals of working group for consideration of NAC-II with regard to land acquisition.