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Business News Today: Latest Business News, Finance News

Markets’ dilemma: Trust the bark or wag of oil prices The sector call illusion Bandu’s Blockbusters For April 12, 2026 Mastering Derivatives: Does Lag Impact Effectiveness Of OI? Who Am I? 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Here’s what to know US, Iran set for peace talks but doubts emerge over Lebanon, sanctions Cotton Association revises output estimates for 2025-26 up at 324 lakh bales of 170 kg each Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Malls, high-streets in NCR clock 45% rise in leasing of retail spaces in Jan-Mar: C&W FIIs pull ₹28,375 crore in five sessions; domestic buyers cushion fall as indices post best week in months Nifty and Bank Nifty Prediction for the week 13 Apr’26 to 17 Apr’26 by BL GURU Proposed Trump arch in Washington DC includes winged figure, eagles, lions and gold inscriptions 'Ladakh' replaces 'Jammu and Kashmir' in Aadhaar records for UT residents Misri ends US trip with focus on civil nuclear cooperation and LPG exports Artemis II astronauts return to Earth after historic lunar flyby and Pacific splashdown US-Iran peace talks in Pakistan: What will be discussed? 5paisa Capital's ₹469 crore rights issue oversubscribed 1.24 times Shriram Finance’s credit rating climbs after MUFG investment SEBI chief reaffirms open-door policy for global capital Reliance seeks government approval to buy Iranian crude oil US Vice President Vance arrives in Pakistan for crucial peace talks with Iran EU condemns ‘illegal’ Israeli expansion: 30 new West Bank settlements spark global outcry US intelligence indicates China preparing weapons shipment to Iran Agtech marketing in the age of regional content and creator communities Rajnath Singh, Nitin Gadkari to join 3-day agri event at Shivraj’s home turf, inaugurated today How agripreneurship will drive improved rural livelihoods in India World’s largest tur producer, yet an importer: A self-sufficiency puzzle unfolding on ground Ethanol in diesel generators: India’s next practical step towards energy security How sustainable sourcing can unlock value in India’s agri-value chains SEBI launches three new IT platforms to transform regulatory landscape India allows Iranian oil tankers to berth at Sikka port under special exemption US expected to extend waiver for Russian oil imports amid global energy price concerns India, Japan discuss Strait of Hormuz security Editorial. 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Govt declares chemical used to make contraband mephedrone ‘controlled substance’
BL New Delhi Bureau · 2026-06-15 · via Business News Today: Latest Business News, Finance News

The Ministry of Finance (MoF) has notified “2-Bromo-4-Methylpropiophenone” as a controlled substance under the Narcotic Drugs and Psychotropic Substances (Regulation of Controlled Substances) Order, 2013, due to its increasing use in the manufacture of mephedrone, a psychotropic substance.

The compound is most widely known as the primary starting material for manufacturing mephedrone (4-methylmethcathinone), a synthetic stimulant and psychotropic substance. The chemical is primarily produced by specialised pharmaceutical manufacturers, as it’s highly valued in organic synthesis for several legal industrial applications.

All persons and entities engaged in the manufacture, distribution, sale, purchase, possession, storage, consumption, import or export or in offering 2-Bromo-4-Methylpropiophenone through any website, social media platform or other electronic means, are required to obtain a registration number from their jurisdictional Zonal Director, Narcotics Control Bureau.

Obtaining registration by filling Form A and meeting other compliances are in accordance with the NDPS (RCS) Order, 2013, said the Narcotics Control Bureau (NCB) in a statement issued on Monday.

“All such firms/entities are requested to submit registration applications in Form B to the concerned NCB Zonal Unit well in advance, i.e., on or before Aug 7, 2026, so that the registration number is issued by NCB within the statutory period of 180 days from March 11, 2026,” read the statement released based on the notification issued by the Department of Revenue, under the MoF.

All manufacturers, traders, distributors, importers, exporters, consumers, users, and any other persons holding stocks of 2-Bromo-4-Methylpropiophenone are also requested to furnish details of the stock held as of June 30, 2026, to the jurisdictional Zonal Director, Narcotics Control Bureau, on or before July 10, 2026, in Form X.

Any person or entity dealing with the substance in contravention of the provisions of the NDPS Act, 1985, after Sep 7, 2026, shall render himself/ itself liable for penal action under Section 25A of the NDPS Act, 1985.

Detailed procedures, prescribed forms, and jurisdictions of NCB zonal units are available on the NCB precursors portal.

However, the chemical serves as a vital building block or intermediate for synthesising legal medical drugs, specifically analgesics, which are pain relievers, sedatives, and anticonvulsants (used to treat epilepsy and seizures). Other than that, it is used as a starting material to manufacture 2-amino-4-(4-methylphenyl)thiazole, a key intermediate required to produce agricultural fungicides and pesticides for crop protection.

Lastly, it is utilised in the production of specialised polymers, coatings, and adhesives.

Published on June 15, 2026