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    August 23, 2026
    Woman passenger from Sharjah held with undeclared gold chain at Ahmedabad airport
    August 23, 2026
    Delhi: Retired railway employee put under 'digital arrest', duped of Rs 30 lakh; one held
    August 23, 2026
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    August 23, 2026
    Woman passenger from Sharjah held with undeclared gold chain at Ahmedabad airport
    Show AI Summary
    Undeclared gold importation led to customs interception, seizure, arrest and continuing investigation after concealment inside passenger clothing.
    Customs enforcement against undeclared gold importation involved interception of a passenger arriving from Sharjah at Ahmedabad airport following passenger profiling. A gold chain concealed inside clothing was recovered after it was not declared for customs purposes. The chain was seized and the passenger was arrested under the Customs Act, 1962, before being released on bail, with further investigation continuing.
    August 23, 2026
    Delhi: Retired railway employee put under 'digital arrest', duped of Rs 30 lakh; one held
    Show AI Summary
    Digital arrest cyber fraud used impersonation, forged notices and coercive video calls to obtain transfers through mule accounts.
    Digital arrest cyber fraud allegedly used impersonation of law-enforcement and central banking officials, fabricated notices, threats of arrest and continuous video communications to coerce a retired railway employee into disclosing financial details and transferring funds for purported verification. The alleged proceeds were routed through mule and shell accounts. Banking records, KYC details, digital evidence and transaction trails allegedly connected a recipient account with suspicious transactions and multiple cyber-fraud cases; part of the cheated amount was recovered or refunded.
    August 23, 2026
    CPI(M) accuses ED of ‘politically targeting’ Pinarayi Vijayan in CMRL case
    Show AI Summary
    Political targeting allegations challenge money-laundering enforcement actions, searches, questioning, and public disclosures in the CMRL investigation.
    CPI(M) alleges that enforcement action under the Prevention of Money Laundering Act in the CMRL matter is politically motivated targeting of Pinarayi Vijayan, family members and party associates. It contends that searches, questioning and public communications during the investigation were used to create suspicion without incriminating evidence, and characterises references to hawala as a new investigative narrative. The party also alleges selective anti-money-laundering enforcement against opposition leaders and states that the company will address the CMRL-related matter.
    August 23, 2026
    ED arrests ex-Andhra minister K Nageswara Rao in liquor transport 'scam'
    Show AI Summary
    Money-laundering investigation into alleged liquor transport irregularities results in arrests connected with claimed loss to the government exchequer.
    Money-laundering proceedings concerning alleged financial irregularities in liquor transport led to the arrest of former Andhra Pradesh minister Karumuri Nageswara Rao under the Prevention of Money Laundering Act. The inquiry concerns alleged wrongful loss to the government exchequer arising from liquor-transport operations. Investigative measures included raids and the arrest of Rao's son, along with arrests of a former state beverages corporation managing director and the person described as the principal accused.
    August 23, 2026
    Orris Infrastructure MD Amit Gupta arrested in cheating case
    Show AI Summary
    Alleged LLP record forgery raises cheating, breach of trust and conspiracy concerns over unauthorised partnership interest changes.
    Alleged forgery, cheating, criminal breach of trust and conspiracy concern purported unauthorised changes to LLP statutory records filed with the Registrar of Companies. The allegations include use of false documents to remove a nominated partner, substitute another person as partner and transfer a partner's interest in the LLP. The matter also draws attention to separate land-collaboration allegations and delayed possession claims by homebuyers in a halted housing project.
    August 23, 2026
    In a knot: Surat weaving units take voluntary two-day holiday as yarn prices shoot up
    Show AI Summary
    Voluntary production curtailment addresses polyester yarn cost volatility as weaving units seek customs-duty relief on inputs.
    Voluntary production curtailment by weaving units is being adopted in response to increased polyester yarn and related input costs. Units may reduce shifts or observe periodic holidays according to individual commercial feasibility to limit yarn consumption until prices and fabric-market conditions stabilise. Industry representatives allege that yarn-price increases exceed corresponding input-cost movements and seek examination of possible artificial pricing, along with customs-duty relief on yarn and relevant inputs.
    August 22, 2026
    Canada will impose retaliatory tariffs on US goods beginning Sept 8 as trade negotiations collapse
    Show AI Summary
    Retaliatory tariffs escalate trade restrictions as historic tariff authority enables duties without prior investigation or a prescribed duration.
    Retaliatory tariffs are set to escalate bilateral trade restrictions after the United States imposed tariffs of up to 50 per cent on specified Canadian imports. Canada proposes dollar-for-dollar countermeasures covering sectors including steel, dairy, appliances, agricultural equipment, pulp and paper and electronics. Section 338 of the Tariff Act of 1930 is invoked as the legal basis for the United States measures, permitting presidential import duties up to 50 per cent without a prior investigation or prescribed maximum duration. Escalation creates uncertainty for supply chains and renewal of the United States-Mexico-Canada Agreement.
    August 22, 2026
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    Show AI Summary
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    Canada-United States trade relations are described as entering a confrontational phase after tariff negotiations collapsed. The United States imposed tariffs on specified Canadian goods, while Canada committed to reciprocal import taxes and suspended negotiations. The dispute marks a retreat from preferential market access and continental integration. Canada's export dependence on the United States may limit retaliation and increase risks to output, employment, investment and integrated supply chains. Trade diversification, non-United States investment and expanded Pacific export infrastructure are identified as responses to a potentially enduring protectionist bilateral relationship.
    August 22, 2026
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    Show AI Summary
    Retaliatory tariffs on United States goods will target key sectors after trade negotiations failed and reciprocal tariff relief was unavailable.
    Retaliatory tariffs on United States goods will take effect from 8 September in response to United States tariffs on Canadian products and unsuccessful negotiations. The dollar-for-dollar measures will cover steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics, with product-specific details to follow. Canada had been willing to remove certain retaliatory tariffs if corresponding United States tariffs were substantially reduced, but considered the final demands unacceptable.
    August 22, 2026
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    Show AI Summary
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    Show AI Summary
    Recruitment examination integrity prompted enforcement scrutiny and proposed disciplinary inquiry, while an officer's absence was attributed to family emergency.
    Reported absence of an IAS officer was attributed to a family medical emergency and a pending leave request, rather than enforcement searches concerning an alleged recruitment-examination scam. The officer denied any connection with those searches and expressed willingness to face an inquiry. Enforcement searches at the Karnataka Public Service Commission concerned a money-laundering investigation into alleged recruitment irregularities. The State Cabinet decided to advise suspension of the commission chairperson and initiation of an inquiry after an earlier suspension was set aside for lacking the Cabinet's aid and advice.
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    J-K Dy CM terms ED case against his brother 'selective targeting'
    Show AI Summary
    Money-laundering and benami asset allegations prompt enforcement proceedings, while the accused officer's brother calls the action selective targeting.
    Enforcement proceedings under the Prevention of Money Laundering Act concern allegations that suspended police officer Vijay Choudhary managed numerous assets through benami transactions and engaged in money laundering. An Anti-Corruption Bureau FIR had already been registered in relation to the allegations. Surinder Choudhary characterised the action as selective targeting but maintained that investigating agencies and the judiciary should address and decide matters concerning his family.
    August 22, 2026
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    Show AI Summary
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    Specialised, timely and effective dispute-resolution mechanisms are necessary for technically complex disputes in telecom, broadcasting, airport tariffs and cyber sectors. Technology may assist legal reasoning but cannot replace judicial reasoning, requiring verification, professional responsibility and meaningful human oversight. Effective specialised adjudication should combine domain expertise with judicial discipline, respond to technical complexity, and protect natural justice, transparency and reasoned decision-making. Mediation and other consensual mechanisms can support dispute resolution.
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    Show AI Summary
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    Show AI Summary
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    August 22, 2026
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    Show AI Summary
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    Clandestine manufacture and clearance of pan masala, scented jarda and tobacco products without registration or payment of GST, HSNS Cess and central excise duty was detected through an intelligence-led search. Undeclared Form-Fill-Seal packing machines, workers, finished goods, raw materials, transport vehicles, packing materials and records indicated unaccounted production and clearance. Capacity-based monthly HSNS Cess for pan masala is computed according to the number, type and capacity of installed packing machines, while a corresponding capacity-based central excise levy applies to chewing tobacco, jarda and gutkha.
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    Protection in predicate offence doesn't automatically extend to PMLA case: Delhi HC
    Show AI Summary
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    August 22, 2026
    National Financial Reporting Authority (NFRA) conducts sixth outreach programmes with focus on small and medium auditors under the theme “Creating a Better Financial Reporting Ecosystem” in Ahmedabad
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    Audit quality and financial reporting reliability were the focus of NFRA's outreach programme for small and medium audit firms. The programme promoted professional capacity-building, alignment with contemporary global standards, adoption of appropriate audit technology, and the public-interest role of the accountancy profession. Technical sessions covered audit strategy documentation, risks of material misstatement, and practical lessons from audit-firm oversight to support improved day-to-day audit practice and high-quality financial reporting.

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      Home› news › News and Press Release › 2011 › May, 2011 › This
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      News and Press Release

      Export Grows 34.4% in April 2011: Commerce Secretary

      May 12, 2011

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      Press Information Bureau

      Government of India

      Ministry of Commerce & Industry

      12-May-2011

      India’s exports have registered a growth of 34.4% during April 2011, at US $ 23.9 billion. Stating this at a press interaction here today, Shri Rahul Khullar, Commerce Secretary, informed that during the interaction, with press, India’s imports in April 2011 were US $ 32.8 billion, which is up by 14.1% Balance of trade for the month of April stood at -8.9 billion US $.

      During April 2011, the following sectors have done well viz., engineering (109%), gems & jewellery(39%), electronic goods(48%) petroleum and its products, plastics & linoleum (30%), chemicals etc.

      Imports for the month of April 2011 increased Petroleum products increased by 7. 7%, Pearls and precious stones increased 19 % , gold increase by 60%. He further clarified that these figures are the quick estimates and the final figure may change.

      ********



      DS
      (Release ID :72101)

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