The Indian government plans to expand the mandatory quality standard certification to include 1,500-2,000 products in the next 2-3 years, according to Food and Consumer Affairs Minister Piyush Goyal. Currently, over 500 products are covered by mandatory certification, compared to just 106 products prior to 2014. Goyal highlighted the importance of setting and maintaining quality standards, stating that they are crucial for sustainable development. The theme of this year s World Standards Day, celebrated on October 14, is "A shared vision for a better world" with a focus on standards for sustainable development goals (SDGs).
Khare, a 1985-batch (retired) Indian Administrative Service (IAS) officer of the Jharkhand cadre, had superannuated on September 30, 2021. He last served as the higher education secretary.
On DXY, Mohammed Imran, Research Analyst at Sharekhan said that the dollar index was drifting towards the resistance of 103 while the 10-year UST yields were hovering near 4.18%, their highest since November 2022, and may further see spot gold prices pushing towards support of $1,900. "Without major economic data, we expect gold prices to hold a range-bound trading session for the day. Support is at $1,900/$1,890 while resistance is at $1,930/$1,950," Imran said.