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    Central Bureau of Narcotics busts illicit drug manufacturing kitchen lab at Karnal, Haryana
    India achieves landmark milestone, over 75000 startups recognised so far
    DEA conducts training programme as a part of Capacity Building initiatives in infrastructure sector, in association with Indian School of Business (IS...
    CCI approves acquisition of 50.1% of the equity share capital of Sanmina-SCI India Private Limited (SCIPL) by Reliance Strategic Business Ventures Lim...
    CCI approves Composite Scheme of Arrangement and Amalgamation between Shriram Group Companies
    Announcement of Results for Patent Agent Examination 2022
    GeM achieves total procurement value of ₹ 2,70,384 Crore
    12.7 percent increase in Index of Eight Core Industries for June, 2022
    Diversifying the trade basket is essential for India and Uzbekistan as multisectoral trade is the need of the hour: Smt. Anupriya Patel, Hon'ble Minis...
    Shri Piyush Goyal terms India-Uzbekistan relations key to India’s vision of integrated extended neighbourhood 13th Session of India-Uzbekistan Inter...
    Bilateral Trade between India and GCC grew from US$ 87.35 billion in FY 2020-21 to US$ 154.66 billion in FY 2021-22
    Government sets a target of 75% procurement by 15th August and 100% by the end of current financial year for procurement through GeM
    The Agreement on Fisheries Subsidies (Agreement) at the WTO Ministerial meeting to prohibit subsidies from being provided for Illegal, Unreported and ...
    Shri Piyush Goyal asks White goods industry to become global champions; says PLI scheme meant to give only the initial push in that direction;
    India and the UK sign MoU on Mutual Recognition of Academic Qualification to facilitate student mobility and academic collaboration between HEIs
    CCI issues cease and desist order against Trailer Owner Associations based in Chennai for indulging in anti-competitive practices
    India attracts USD 343.64 million FDI equity inflow in R&D sector during 2021, which is 516% higher as compared to 2020
    Jan Samarth Portal available on 24/7 basis
    CCI approves acquisition of Ageas Federal Life Insurance Company Limited by Ageas Insurance International NV
    CCI approves proposed combination involving indirect subscription of over 30% of total number of issued shares of CitiusTech by Bain Capital and Bain ...
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August 3, 2022
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Commercial quantity threshold breached: illegal manufacture and distribution of diphenoxylate subject to NDPS Act prosecution.
A clandestine residential kitchen lab manufacturing narcotic powder containing Diphenoxylate was raided, yielding arrests and seizure of Diphenoxylate-formulated drugs and ingredient tablets. Authorities allege manufacture and interstate distribution for intoxication, have registered offences under the NDPS Act (sections 8 read with 21, 25, 27A, 28, 29, 30 and 35), note Diphenoxylate's statutory commercial quantity, and continue investigation to trace suppliers.
August 3, 2022
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Startup recognition drives regulatory support through funding, tax incentives, IPR facilitation and eased procurement for founders.
DPIIT recognition has enrolled seventy five thousand startups alongside the Startup India policy, which provides operational support via funding access, tax incentives, intellectual property facilitation, eased public procurement norms, and regulatory reforms to reduce entry and compliance barriers while broadening geographic participation and driving job creation.
August 2, 2022
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Capacity building initiative strengthens infrastructure project management through targeted executive training for senior officials across government.
Department of Economic Affairs, under the Capacity Enhancement Plan, has delivered twelve capacity building programmes for 358 senior officials involved in infrastructure project planning and execution. In July two five-day courses were run with ISB Mohali (Project Management and Leadership) covering project identification, contract management, leadership and negotiation, attended by 34 officials, and with IIM Calcutta covering ownership models, risk management, scheduling, monitoring, value analysis, contract management and dispute resolution, attended by 35 officials.
August 2, 2022
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Competition clearance granted for acquisition of controlling stake in Sanmina SCI India by Reliance group company.
CCI approval is announced for the proposed acquisition by Reliance Strategic Business Ventures Limited of a controlling equity stake in Sanmina SCI India Private Limited, effecting a change in control of SCIPL. The transaction places SCIPL under the Reliance group's ownership and governance influence and identifies the principal commercial activities of the acquiring and target entities to delineate the competitive and sectoral context of the combination.
August 2, 2022
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Composite scheme approval enables multiple amalgamations and demergers restructuring Shriram group entities under competition clearance.
Approval under the Competition Act was granted for a composite scheme involving amalgamations and demergers among Shriram group companies, reallocating undertakings and investments: amalgamation of a consultancy into a capital company; demerger of the capital company's financial services undertaking into an investment holding company; demerger of its life and general insurance undertakings into separate insurance holding companies; and amalgamations consolidating the capital company and two finance companies.
August 2, 2022
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Patent Agent Examination under Patents Rules: results announced; qualifiers meet statutory criteria and offered training opportunity.
Announcement of results for the Patent Agent Examination 2022 under the framework of the Patents Rules, 2016 read with Section 126 of the Patents Act. The three-stage examination (objective Paper I and subjective Paper II) tests knowledge of the Act and Rules; candidates meeting the prescribed passing criteria were declared successful. Qualified candidates are eligible for training at RGNIIPM Nagpur and are expected to represent inventors before the Patent Office in patentability and IP protection matters.
July 30, 2022
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Mandatory GeM procurement strengthens public procurement transparency while allowing cooperatives to participate as buyers.
Mandatory procurement through the Government e Marketplace (GeM) has been reinforced by an amendment to the General Financial Rules, 2017, making procurement of goods and services via GeM compulsory. GeM centralizes procurement online to reduce manual intervention, improve efficiency, and provide transparent access to seller and product information. The platform prioritizes inclusiveness by onboarding marginalized sellers, and the Union Cabinet has expanded GeM's mandate to allow cooperatives to act as buyers.
July 29, 2022
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Index of Eight Core Industries growth signals broad production gains across key sectors, with provisional quarterly uptick year on year.
The Index of Eight Core Industries rose 12.7 per cent year on year in June 2022, driven by notable increases in Coal, Refinery Products, Cement and Electricity, while Crude Oil declined and Natural Gas recorded modest growth. The ICI, comprising eight sectoral indices that together account for 40.27 per cent of the IIP basket, showed provisional April-June 2022 23 quarter growth of 13.7 per cent; March 2022 growth was revised to 4.8 per cent. Data for April-June are provisional and index series include methodological updates for renewable electricity and a new steel product.
July 29, 2022
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Diversifying the trade basket: multisectoral engagement and joint production to broaden bilateral commerce and investments.
Diversifying the trade basket and promoting multisectoral trade is the central objective, emphasising expansion in pharmaceuticals, information technology, infrastructure, hospitality and tourism, agriculture, food processing, fintech and cybersecurity through joint production, investment, capacity building and targeted public private engagement to broaden bilateral commerce.
July 29, 2022
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India Uzbekistan relations pivot to trade, connectivity and digital cooperation to deepen bilateral economic ties.
The 13th session of the India-Uzbekistan Intergovernmental Commission focused on strengthening people-to-people ties and diversifying economic engagement into technology, digital payments, start-ups, space cooperation, agri and dairy, pharma, gems and jewellery, and MSME collaboration, while promoting regional connectivity and follow-up through joint working groups to drive trade growth.
July 27, 2022
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Bilateral trade growth between India and GCC surged, indicating renewed export recovery and market concentration shifts.
Bilateral trade between India and the Gulf Cooperation Council rose from US$ 87.35 billion in FY 2020 21 to US$ 154.66 billion in FY 2021 22 (a 77.06% year on year increase), with a compounded annual growth rate of 10.57% since FY 2017 18. Export data for the last five financial years show the UAE and Saudi Arabia as principal markets, with increases also recorded for Oman and Qatar and smaller growth for Bahrain and Kuwait; figures are sourced to DGCIS and reported in a written parliamentary reply.
July 23, 2022
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Mandatory public procurement through GeM: targets set for phased adoption and strict analytics-based monitoring to curb deviations.
The Government directed phased mandatory adoption of the national electronic procurement platform with high near-term and full-year procurement targets, requiring Advanced Analytics and AI/ML monitoring to detect deviant procurement behaviour and enable prompt corrective action, while promoting demand aggregation to reduce costs and enhancing supplier inclusivity.
July 22, 2022
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Fisheries subsidies ban on IUU fishing and high-seas fishing permits rebuilding subsidies under sustainability conditions and S&DT.
The Agreement on Fisheries Subsidies bans subsidies to vessels engaged in illegal, unreported and unregulated fishing and prohibits subsidies for high-seas fishing, while allowing subsidies for non-IUU vessels and conditional subsidies to rebuild overfished stocks to biologically sustainable levels. It provides Special and Differential Treatment for Developing and Least Developed Countries through a transition period and reflects principles that larger historic subsidizers should assume greater obligations under polluter-pays and common but differentiated responsibility frameworks.
July 22, 2022
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Production-Linked Incentive scheme for white goods spurs domestic component manufacturing and supply chain resilience, boosting global competitiveness.
Production-Linked Incentive (PLI) Scheme for White Goods incentivises establishment of domestic component manufacturing for air conditioners and LED lights to raise domestic value addition, strengthen supply chain resilience, and attract distributed investment. DPIIT and government agencies facilitate clearances and convene industry roundtables to resolve issues and gather feedback. Industry reports capacity additions for compressors, control assemblies, aluminium stock, copper tubing, LED drivers, mechanical housings and PCBs, with multiple projects commissioned, aiming to scale manufacturing and position the sector for global competitiveness.
July 22, 2022
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Mutual recognition of academic qualifications enables smoother student mobility and strengthens higher education collaboration internationally.
A memorandum establishes Mutual Recognition of Academic Qualifications between the two governments to create a formal mechanism for recognizing each other's higher education credentials, facilitate smoother cross-border student mobility, and expand joint academic and research collaboration among participating institutions.
July 21, 2022
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Anticompetitive agreements found: trailer owner associations coordinated tariff fixing and restricted rivals, prompting regulatory action.
The Competition Commission of India found ten Trailer Owner Associations participated in collective tariff-fixing and imposed restrictions on NACFS members' use of their own trailers, establishing an arrangement that limited competition and fell within the presumption of appreciable adverse effect on competition; several TOAs failed to rebut participation and, on the evidence, the Commission directed the TOAs to cease and desist from such practices.
July 19, 2022
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FDI in R&D sees surge, reflecting policy allowing full automatic route and encouraging technology investment.
India saw a marked rise in FDI equity inflows into the R&D sector in 2021, with major investor countries and concentrated corporate recipients; several states led by Karnataka showed strong year-on-year growth. FDI in R&D is permitted under the full automatic route, subject to applicable laws, regulations, security and other conditionalities, and policy aims to attract R&D-intensive FDI to supplement domestic capital, enable technology transfer, and promote innovation and economic growth.
July 19, 2022
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Digital credit facilitation portal enables automated eligibility checks and digital loan approval with real-time tracking.
The Government launched a digital credit facilitation portal integrating beneficiaries, financial institutions and government agencies to provide eligibility guidance, subsidy checks, auto-recommendation of suitable schemes, digital verification and automated loan approval via an inbuilt rule engine, with real-time application tracking to streamline applications and disbursements for education, agriculture, business and livelihood loans.
July 16, 2022
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Competition approval for acquisition of additional shareholding in a life insurer enables consolidation of joint control and regulatory clearance.
The Competition Commission granted competition approval for Ageas Insurance International NV to acquire additional shareholding in Ageas Federal Life Insurance Company Limited. Ageas, as ultimate holding company, currently holds a substantial minority stake and jointly controls the insurer with other shareholders. The transaction concerns expansion of shareholding in a life insurer offering term, child, ULIP, saving, retirement, health, group and online plans. A detailed regulatory order will follow outlining the assessment under the competition framework.
July 16, 2022
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Merger control: Approval granted for indirect subscription in a healthcare technology company; detailed order to follow.
Approval was granted for the proposed combination involving the indirect subscription of over thirty percent of issued shares of CitiusTech by investment vehicles managed by Bain Capital and Bain Credit, representing approximately half the economic interest; a detailed regulatory order will follow. The investors are described as a diversified private equity firm and a global credit specialist, while CitiusTech is a holding entity controlling a healthcare technology services provider (CT India) that offers software engineering, professional services, QA automation, consulting, BI/analytics and business process outsourcing in healthcare.

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