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    Haryana CM Saini launches MSME and Export Promotion Policy 2026
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August 10, 2026
Show AI Summary
MSME and export promotion framework expands finance, technology, infrastructure, sustainability and global-market support for enterprise growth.
Haryana Progressive MSME and Export Promotion Policy 2026 creates a five-year framework for MSME growth through financial incentives, institutional support, industrial infrastructure, technology adoption and export facilitation. Identified thrust-sector enterprises may receive capital and interest subsidies, stamp duty reimbursement, employment assistance, insurance support, and incentives for automation, artificial intelligence, testing and research. Proposed venture capital and credit guarantee funds seek to improve institutional and collateral-free finance. Export support covers international certifications, credit, insurance, freight, e-commerce, trade fairs, documentation, compliance and buyer connections, alongside sustainability and inclusive entrepreneurship measures.
August 10, 2026
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Employee data exposure alerts trigger review of alleged password spraying and MFA fatigue, with customer and operational systems unaffected.
Employee data exposure alerts prompted TCS to review allegations concerning limited basic employee information that appears to be more than four years old. No indication exists that customer data, customer systems, or operational systems have been affected. The alleged vectors involve password spraying and multi-factor authentication fatigue. TCS states that safeguards against these techniques have been in place for more than two years, its controls remain effective, and monitoring and further assessment will continue.
August 10, 2026
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Mustard honey export demonstrates FPO-led aggregation, quality-focused production and industry collaboration for international agricultural market access.
Mustard honey export from Tripura to Dubai marks the first international shipment by Dergang Farmer Producer Organisation, supported through export-oriented aggregation and market linkage initiatives. The export creates overseas market access for local beekeepers and farmers, diversifies the honey value chain, and encourages quality-focused production. Industry collaboration supported bee production and an export-oriented supply chain, while capacity building, quality assurance, value addition and market linkages can strengthen agricultural exports and farmer participation in international markets.
August 10, 2026
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Digital banking evidence gains recognition through a modernised framework for physical and electronic records, with privacy and security safeguards.
The Bankers' Books Evidence Bill, 2026, modernises the evidentiary framework for bankers' books by permitting banking records to be produced in physical or electronic form in legal proceedings. It recognises electronic, digital and virtual records and enables the Central Government to extend the regime to other regulated financial entities, supporting a uniform financial-sector evidentiary framework. The framework seeks secure and transparent use of banking records while safeguarding customer privacy, confidentiality and data security.
August 10, 2026
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Illicit opioid medicine exports exposed through concealed cargo, clandestine manufacturing, repacking, and attempted transnational trafficking to Nigeria.
Illicit manufacture and attempted export of controlled opioid medicines were detected in a network producing, concealing, storing and exporting Tramadol Hydrochloride tablets to Nigeria. A consignment declared as Pregabalin capsules contained concealed Tramadol Hydrochloride and Tapentadol tablets. Investigation identified clandestine manufacture, repacking and preparation for export, with searches yielding tablet-compression machinery and raw materials. Tramadol is a psychotropic substance under the Narcotic Drugs and Psychotropic Substances Act, while Tapentadol is regulated under the Drugs and Cosmetics Act and its rules.
August 10, 2026
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Summons compliance under anti-money-laundering law faces appellate scrutiny after acquittal over unproven email service allegations.
Delhi High Court required Arvind Kejriwal to reply to Enforcement Directorate petitions challenging his acquittal in proceedings concerning alleged non-compliance with summonses. The trial court found that the agency had not proved intentional disobedience, service of summons through email, or lawful issuance of electronic summons under the Prevention of Money Laundering Act. The appellate challenge concerns proof of service, validity of electronic summons, and intentional non-compliance.
August 10, 2026
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Pesticide residue concerns drive organic farming, school agriculture initiatives, infrastructure financing and climate-resilience support for farmers.
Food-safety concerns arising from pesticide residues and toxic substances are to be addressed through organic vegetable farming, household cultivation and the Kathir school-farming initiative. Kathir provides for institutional farming, teacher and committee support, markets, student training and clubs, with possible academic weightage for agricultural participation. Agricultural infrastructure financing supports post-harvest management, value addition, processing, packing, marketing and exports. Additional measures include banking support, agricultural technology adoption, women-farmer support and schemes addressing climate-related floods and drought.
August 10, 2026
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Digital EODC processing removes physical duty challans through authenticated payment verification for export authorisation closure.
Export Obligation Discharge Certificate processing under the Advance Authorisation and Export Promotion Capital Goods schemes no longer requires physical duty-payment challans for voluntary customs-duty payments made on or after 1 August 2026. Authenticated licence-wise payment information is electronically transmitted from Customs/ICEGATE to DGFT systems and mapped to the relevant authorisation. Exporters can verify payment details on the customer portal, while Regional Authorities use corresponding back-office records, replacing manual submission and verification for authorisation closure.
August 10, 2026
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Trusted service-call numbering requires verified utilities and logistics entities to use dedicated numbers exclusively for transactional and service communications.
The 1601-series is introduced for verified utilities, courier and logistics entities making service and transactional voice calls. Numbers must be allocated directly to eligible entities, not intermediaries or aggregators, following verification by telecom service providers and an undertaking of exclusive use. Promotional voice calls are prohibited on this series and remain associated with the 140-series. The framework separates these calls from the 1600-series reserved for regulated financial-sector and government-to-citizen communications, supporting consumer recognition of legitimate calls and reducing impersonation risks.
August 10, 2026
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GST revenue collection drives tax growth while data scrutiny, taxpayer verification, and compliance capacity remain key administrative priorities.
GST constituted the principal component of tax revenue for the 2025-26 fiscal year. Tax administration faces staff shortages, information-technology upgrade needs, and increased workloads from taxpayer registrations and return filings. Compliance oversight requires GST data scrutiny, risk assessment, identification of unregistered taxpayers, tax-evasion detection, and field verification of high-risk taxpayers. Long-term revenue planning sets progressively higher collection targets through 2063.
August 10, 2026
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Russian crude imports reshape India's refining trade as processed petroleum products reach sanctioning jurisdictions despite import restrictions.
Indian imports of Russian crude oil reached a second consecutive monthly record in July 2026, with Russian crude forming the dominant share of India's Russian fossil-fuel purchases and more than half of total crude imports. Higher receipts through smaller terminals offset reduced volumes at Paradip. Indian refineries processing Russian crude also exported refined petroleum products to sanctioning jurisdictions, including the European Union, Australia and the United States, despite the European Union prohibition on imports of oil products made from Russian crude.
August 10, 2026
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Cyber-fraud through stolen phones allegedly used mule accounts, banking credentials and coordinated technical operations to divert victims' funds.
Investigation into unauthorised withdrawals after theft of a mobile phone uncovered an alleged interstate cyber-fraud network using stolen devices, linked banking credentials and mule bank accounts. The scheme allegedly involved phone theft, supply of accounts and banking instruments, and a technical operation that accessed victims' accounts and routed funds for withdrawal or transfer. Digital surveillance, transaction mapping, seized devices, victim data and transaction records are being examined to identify linked complaints and the extent of funds allegedly diverted.
August 10, 2026
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Rupee depreciation reflected stronger dollar, elevated crude prices and geopolitical uncertainty, while portfolio inflows and equity gains provided support.
The rupee depreciated against the US dollar amid a stronger dollar, higher global crude oil prices and uncertainty surrounding West Asia-related negotiations. Concerns over crude oil's potential impact on the trade deficit weighed on the currency, while positive domestic equity markets and foreign portfolio investment inflows provided support. Market caution remained focused on forthcoming US inflation data, dollar-index movements and Brent crude prices. Foreign-exchange reserves increased during the reported period.
August 10, 2026
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Collateral-free personal loans offer extended repayment flexibility, conditional reward benefits, and online application subject to eligibility and disbursal requirements.
Loan Utsav 2026 provides eligible Bajaj Finance Personal Loan applicants an exclusive reward bundle where the loan is successfully disbursed during the campaign period. The collateral-free facility supports personal expenses, offers repayment tenures from 12 to 108 months, and may enable lower monthly EMI obligations through a longer selected tenure. Interest rates depend on eligibility, credit assessment, financial profile and lending criteria. Online applications require personal and financial details and required documents, with disbursal for eligible applicants possible after verification and approval.
August 10, 2026
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Credit card payment flexibility supports seasonal shopping and travel through eligible EMIs, rewards, tracking tools and conditional merchant benefits.
Credit-card spending features include conversion of eligible purchases into EMIs, selected no-cost EMI options, reward points, cashback, merchant discounts and payment flexibility. Travel-related benefits may include domestic airport lounge access, travel-booking discounts, fuel-surcharge waiver and anniversary-linked rewards. The AU 0101 application enables transaction tracking, balance and interest-rate monitoring, EMI conversion and bill-payment management. Features and offers are subject to change, customer eligibility, internal policies and partner-merchant terms.
August 10, 2026
Show AI Summary
Foreign-exchange market conditions weakened the rupee as stronger dollar and crude prices offset support from reserve growth and inflows.
Foreign-exchange market conditions saw the rupee weaken against the US dollar in early trading, influenced by a stronger dollar and higher global crude oil prices. Foreign institutional equity inflows and increased foreign-exchange reserves moderated pressure on the rupee. Market attention remained focused on developments in West Asia and the Reserve Bank of India, alongside movements in the dollar index, crude oil prices and domestic equity markets.
August 10, 2026
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GI-tagged Mithila Makhana export facilitation expands sea-route market access while supporting quality compliance and farmer-linked value chains.
Export facilitation for GI-tagged Mithila Makhana enabled the first commercial sea-route shipment from Bihar to Australia. APEDA, in association with the Bihar agriculture department, supported market access, coordination, capacity building and stakeholder engagement. The export model is intended to improve farmer price realisation, require adherence to global quality standards, and strengthen growers, processors and exporters. A separate HS Code for Makhana has taken effect under the Finance Bill, 2025, supporting product-specific trade classification.
August 10, 2026
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Startup ecosystem support expands through digital payments, cloud access, AI innovation, investment readiness, governance support and global market programmes.
DPIIT has entered into strategic MoUs to support DPIIT-recognised startups through payment infrastructure, entrepreneurship development, cloud technology, mobility innovation, investment readiness and global-market access. Eligible startups may receive payment and cloud support, technical training, mentorship, startup formalisation assistance, market and investor connections, AI and mobility enablement, and programmes addressing governance, financial readiness, compliance and international expansion. The collaborations promote innovation across digital payments, clean energy, artificial intelligence, climate technology, advanced manufacturing, mobility and automotive technology.
August 10, 2026
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UPI transaction charges remain unavailable for consumers and person-to-person payments, while limited threshold-based merchant MDR may be considered.
Proposed amendment of section 10A of the Payment and Settlement Systems Act, 2007 is intended to support UPI sustainability, technological advancement and resilience. Consumer payments and person-to-person transactions are to remain free. Any future merchant discount rate would apply only to limited merchant transactions above a threshold, at a nominal rate, while most merchant transactions remain free. The framework supports investment in cybersecurity, fraud prevention and infrastructure, alongside a self-sustaining and inclusive digital-payment ecosystem.
August 10, 2026
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Fair competition cooperation in renewable energy markets advances knowledge-sharing and evidence-based enforcement across interconnected digital and energy markets.
BRICS competition authorities adopted a Joint Statement strengthening cooperation to promote fair competition, including in renewable energy markets. Cooperation focuses on dialogue, knowledge-sharing and consideration of cross-border competition challenges in digital markets, emerging technologies and the energy transition. Competition enforcement is to remain principled and evidence-based, supporting efficiency, consumer welfare, innovation and merit-based competition. A collaborative renewable-energy competition study identified evolving market dynamics and areas for future cooperation.

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Customs, DGFT & SEZ

Government Approves Fourteen (14) Proposals of Foreign Direct Investment (FDI) Amounting to about ₹ 1528.38 Crore

August 6, 2014

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Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its 207th meeting held on 4th July, 2014, the Government has approved Fourteen (14) proposals of Foreign Direct Investment (FDI) amounting to ₹ 1528.38 crore approximately.

Details of proposals considered in the Foreign Investment Promotion Board (FIPB) Meeting held on 4.7.2014 are as follows:

Following Fourteen (14) proposals have been approved.

Sl. No.

Name of the Company

Gist of the Proposal

Proposed Amount of FDI

Sector

1

M/s Johnson and Johnson Limited

M/s Johnson and Johnson Limited proposes to amalgamate with M/s DePuy Medical Private Limited and subsequently allot 326,752 fully paid up equity shares of ₹ 100 each to the shareholders of DMPL.

‘Nil’

 

Pharmaceuticals

2

M/s Global Pharmatech Private Limited, Bangalore

M/s Global Pharmatech Private Limited is seeking permission to issue and allot 19,68,750 equity shares of ₹ 96 each to M/s PharmaScience Inc. will towards Foreign Direct Investment of US $ 3 million.

₹ 18.90 Crore
(in three tranches)

Pharmaceuticals

3

M/s A. Menarini India Private Limited

M/s A. Menarini India Private Limited is seeking approval for the issue equity shares to M/s A. Menarini Asia-Pacific Pte Ltd, Singapore, against receipt/ infusion US $15 million.

 

Rs.91.1 Crore (approx.)

(USD 15 million)

Pharmaceuticals

4

M/s Kinedex Healthcare Private Limited, Jaipur

M/s Kinedex Healthcare Private Limited, an existing Indian pharma company, is seeking approval for increase foreign equity participation from 10% to 20%.

₹ 3.52 crore

Pharmaceuticals

5

M/s Par Formulations Private Ltd.

M/s Par Formulations Private Limited (PFPL) is seeking approval for expanding its business in India by way of acquiring the entire shareholding in a company

₹ 11.421 Crore (USD 1.9 million)

Pharmaceuticals

6

M/s Open Source Software Solutions LLP, Hyderabad

M/s Open Source Software Solutions LLP has sought approval to transfer capital to M/s Open Source Consulting Group Inc, USA, on a fully repatriable basis upto 97% of its total capital.

₹ 0.0267 Crore (Approx)

IT

7

M/s Golden Agri Resources (India) Private Limited,

M/s Golden Agri Resources (India) Private Limited, (GAR INDIA) is seeking approval for downstream investment through subscription to FDI Compliant instruments approximately up to of US 80 million.

₹ 485.9 Crore

(approx.) (USD 80 millionapprox)

Others

8

M/s FG International (India) LLP, Ahmedabad

Approval has been sought by M/s FG International (India) LLP, Ahmedabad for foreign contribution of ₹ 1 Crore comprising 90% stake by M/s ForeverGreen International LLC, USA.

₹ 1.0 Crore
 [Rs. 90,000 would be upfront and ₹ 99,10,000 would be contributed from time to time ]

Trading

9

M/s LeibherrCMCTec India Private Limited, Maharashtra

Approval has been sought by M/s Liebherr-CMCtec India Private Limited to issue 3,89,864 equity shares of ₹ 10 each of the company amounting to ₹ 38,98,642/-. The said cash consideration has been indirectly received into the account of the company.

₹ 0.39 Crore (approx.)
(already brought in for the purpose of acquiring land)

Others

10

M/s Samtel Thales Avionics Limited

An Indian company, M/s Samtel Thales Avionics Limited, engaged in Defence Sector proposes to expand its business activities in the same sector.

Nil

Defence

11

M/s Security and Intelligence Services (India) Limited.

Approval to M/s Security and Intelligence Services (India) Limited to issue 20,000 equity shares under ESOP to employees of its overseas subsidiary namely M/s SIS International Holdings Limited (SIHL).

Nil

P.S.A.

12

M/s Sinclairs Hotels Limited, Kolkata

M/s Sinclairs Hotels Limited, Kolkata has sought post-facto approval for 24,00,116 warrants issued by the company in 2007 to three Mauritius based Companies which were converted into 24,00,116 equity shares by April 2009.

 

Rs.41.52 crores
(already in)

Others (Hotels)

13

M/s ACME Solar Energy Pvt. Ltd., Gurgaon

M/s ACME Solar Energy Pvt. Ltd., Gurgaon, an investment holding company engaged in solar power business, is seeking approval for NR to NR transfer of shares and to increase foreign investment from 50% to upto 76%.

₹ 275 crore
(already approved)

Power

14

M/s Laurus Labs Private Limited (Formerly known as M/s AptuitLaurus Private Limited)

A Brownfield pharma company is seeking approval for additional FDI and NR-NR transfer by subscription and transfer of CCPS.

 

₹ 600 crore approx.

Pharmaceuticals

The following six (6) proposals have been rejected:

Sl. No.

Name of the Company

Gist of the Proposal

Sector

1

M/s Agilent Technologies (International) Private Limited

Approval/clarification has been sought by M/s Agilent Technologies (International) Private Limited to partially lease of the premises.

IT

2

Md. ShajahanBablu and Mrs. SuraiyaShajahan, Bangladesh

M/s Md. ShajahanBablu and Mrs. SuraiyaShajahan, Bangladeshi nationals, propose to incorporate a company in India with 100% FDI to engage in trading of Raw Jute, Jute Products and Agro based products.

Trading

3

M/s GoyalImpex& Industries Limited.

Post facto approval for issue of 50,974 equity shares on partly paid up basis.

Textiles

4

Ms Christine ComarmondMargotin, French

Approval has been sought by a French National for foreign investment in an LLP to be incorporated in India.

Others

5

M/s HLG Enterprises Pvt Ltd.

Post facto approval has been sought by M/s HLG Enterprises Pvt Ltd. for the issue of partly paid shares.

Textiles

6

M/s Gstaad Hotels Private Limited.

Post facto approval for issue of  75,00,000 equity shares of an foreign owned  company in the  hotel  hospitality  industry on partly paid up basis to the  existing  foreign parent.

Others (Hotels)

The following seven (7) proposals have been deferred:

Sl. No.

Name of the Company

Gist of the Proposal

Sector

1

M/s Koye Pharmaceuticals Private Limited, Mumbai

M/s Koye Pharmaceuticals Private Limited, a brownfield Pharmaceuticals company, has sought permission to issue additional 1,818 CCPS, constituting up to 6.81% of the share capital of the company on a post-issuance and fully diluted basis, to the already existing investor M/s SCI Growth Investments II, Mauritius.

Pharmaceuticals

2

M/s Amneal Pharmaceuticals Company Private Limited, Ahmedabad

M/s Amneal Pharmaceuticals Company Private Limited, a foreign owned and controlled company, is seeking approval for acquisition of entire share capital of Epsilon, through a share purchase agreement a company engaged in trading of generic pharma products and in process of setting up formulation manufacturing facility.  

Pharmaceuticals

3

M/s Empays Payment Systems India Private Limited, Mumbai

M/s Empays Payment Systems India Private Limited has requested to amend clause 8 of the FC approval by removing the stipulation of a minimum net worth of ` 100 crore.

NBFC

4

M/s Barefoot Resorts & Leisure India Pvt. Ltd., Chennai

M/s Barefoot Resorts & Leisure India Pvt. Ltd., Chennai, operating in the hospitality business, has applied for post facto approval to regularize the allotment of partly paid up shares to M/s Fruition Resorts Limited, Mauritius.

Construction and Development

5

M/s Monsanto Holdings Private Limited, Mumbai

Approval has been sought for issue of equity shares by a new company in pursuance of a demerger scheme, to the foreign shareholders of the applicant.

NBFC

6

M/s Diabu Diamond Tools (India) Private Limited, Bangalore

Post facto approval has been sought by M/s Diabu Diamond Tools (India) Private Limited for the shares allotted to M/s Diabu Diamanterkzeuge Heinz ButtnerGmbh, Germany against over delayed payables, in terms of royalty, technology transfer fee and raw material import.

Others

(Manufacturing)

7

M/s Bellota Agrisolutions and Tools Private Limited

M/s Bellota Agrisolutions and Tools Private Limited is seeking approval for the allotment of equity shares of ₹ 200/- each at par to M/s Bellota Herramientas S.A. Spain – Foreign Company for the cost towards import of new plant and machinery.

Manufacturing

In the following three (03) proposals the recommendation is to advise that FIPB approval is not required in thesecases:      

Sl. No.

Name of the Company

Gist of the Proposal

Sector

1

M/s Kemin Industries South Asia Private Limited, Tamil Nadu

 

M/s Kemin Industries South Asia Private Limited, having 100% FDI, seeking approval for setting up of “Contract Research Laboratory to do Toxicological studies for pharmaceutical, food and other products”.

Pharmaceuticals

 

2

M/s Gavis Pharma LLC., USA

M/s Gavis Pharma LLC., USA is seeking approval for acquisition of equity shares of M/s Wintac Limited, Karnataka through Right Issue.

Pharmaceuticals

 

3

M/s Ferrero India Private Limited

Approval has been sought Approval has been sought by Ferrero India Private Limited for amalgamation with two other companies to achieve synergies and other benefits

Others (Manufacturing of Confectionary products)

In the following one (01) proposal, the recommendation is to return the application with an advice to the applicant to re-approach FIPB after having the necessary Court order.

Sl. No.

Name of the Company

Gist of the Proposal

Sector

1

M/s Ventura (India) Private Limited

M/s Ventura (India) Private Limited engaged in services sector seeking approval for issuance of shares to a foreign company in the IT sector in consideration of acquiring latter’s branch office in India pursuant to a court approved scheme of demerger. 

Others

The following one (01) proposal has been withdrawn:

Sl. No.

Name of the Company

Gist of the Proposal

Sector

1

M/s INX Music Private Limited, Mumbai

M/s INX Music Private Limited, a company which aggregates and distributes music content for TV channels, having 70.85% indirect foreign investment; proposes to undertake the additional activity of broadcasting of a non-news and current affairs channel, as proposed scheme of arrangement.

Broadcasting

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