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    DRI seizes over seven kg amphetamine and three kg cocaine as it intensifies crackdown on drug trafficking in country; three arrested
    DRI seizes 13 kg foreign-origin gold worth around Rs. 19.41 crore and dismantles a gold smuggling syndicate in Gujarat; three arrested
    Department of Commerce Organises “Leveraging FTAs” Outreach Programme in Jaipur to Strengthen Export Opportunities
    Central Bureau of Narcotics (CBN) organises five drug awareness programmes for MP youth Mission Yuva Raksha
    DRI seizes massive 137 kg consignment of crystal meth; busts coastal drug trafficking network; 4 arrested in Tamil Nadu
    Optimization of Statutory Branch Auditors (SBAs) Costs and Acceleration of Centralized Audit Frameworks
    Clarification on Legislative Developments concerning Government’s shareholding in IDBI
    Introduction of e-Invoicing Facility for Recipient Generated Self Invoices under Reverse Charge Mechanism for Domestic Supplies from Unregistered Pers...
    DFS Organises Workshop on Reservation Policy for Public Sector Banks, Public Sector Insurance Companies and Public Financial Institutions
    APEDA Facilitates Export of 1.755 MT of Organic Palmyra Jaggery Powder from Tamil Nadu to Bulgaria
    Union Commerce and Industry Minister Shri Piyush Goyal Launches National Strategic Trade Command Centre at Vanijya Bhawan
    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman participates in the 114th meeting of the Development Committee Plenary of the W...
    Customs officers detect 148.67 kg hydroponic weed from Bangkok at air cargo complex at IGI Airport
    DRI seizes around 6.2 kg foreign-origin gold; busts sophisticated gold smuggling modus operandi through unaccompanied baggage; three arrested
    Central Bureau of Narcotics (CBN) U.P. Unit holds public hearing to address grievances of opium cultivators
    Directorate of Revenue Intelligence (DRI) and Central Bureau of Narcotics (CBN) destroy 2.87 Hectares (7.08 Acres) of illicit cannabis (ganja) cultiva...
    The cumulative exports (merchandise & services) during April-September 2026-27 are estimated at US$ 476.20 Billion, as compared to US$ 418.31 Billion ...
    Union Minister of Commerce and Industry Shri Piyush Goyal Calls on Youth to Drive India’s AI Journey
    CCI approves acquisition of majority stake in Tribhovandas Bhimji Zaveri Limited by GRT Jewellers (India) Private Limited
    CCI approves the acquisition of certain shareholding in Kids Clinic India by NuageLux BidCo S.à r.l
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October 19, 2026
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Narcotics trafficking enforcement led to airport and road interceptions, baggage concealment detection, seizures, and arrests under the NDPS framework.
Narcotics trafficking enforcement under the Narcotic Drugs and Psychotropic Substances Act, 1985, involved intelligence-led interceptions at Bengaluru and Delhi airports and near Nagpur. Passenger baggage and a backpack were examined, leading to the seizure of amphetamine and cocaine and the arrest of three passengers. The recoveries included amphetamine concealed in baggage, a ladies' suit and a backpack lining, and cocaine contained in transparent packets within baggage.
October 19, 2026
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Gold smuggling syndicate enforcement traces concealed imports through airport handlers, illicit melting, and jewellery-market disposal under customs law.
Directorate of Revenue Intelligence enforcement action identified an organised gold-smuggling syndicate importing foreign-origin gold through Ahmedabad and Surat airports, followed by handover to handlers, intermediary routing, illegal melting, and cash-based supply through an Ahmedabad jewellery outlet. Further searches recovered undocumented foreign-origin gold bars and records concerning smuggled gold linked to a Dubai-based financier. The investigation identified interconnected roles across the movement, processing, and disposal of smuggled gold; three persons were arrested under the Customs Act, 1962.
October 19, 2026
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Free trade agreement utilisation requires origin compliance, product standards, and documentation to secure preferential export market access.
Effective FTA utilisation requires businesses to identify eligible products and markets, assess tariff preferences and rules of origin, and meet applicable quality, certification, documentation and importing-country requirements. Preferential access under agreements with the UAE, Australia, EFTA countries and the United Kingdom remains subject to each agreement's provisions and implementation status. Tariff preferences may improve price competitiveness and facilitate participation in international supply chains where product- and partner-specific conditions are satisfied.
October 19, 2026
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Drug prevention awareness initiatives engage students through health education, interactive activities and pledges supporting a drug-free society.
Mission Yuva Raksha advances preventive drug awareness and demand-reduction efforts among students through programmes at educational institutions in Madhya Pradesh. Sessions addressed the harmful effects of substance abuse on physical and mental health, education, family life and careers, supported by interactive learning activities. Participants were encouraged to avoid drugs, adopt healthy lifestyles, take pledges and support awareness initiatives in their schools, families and communities. Preventive education and youth engagement complement enforcement-oriented work through informed choices and community-based resistance to substance abuse.
October 19, 2026
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Coastal narcotics trafficking enforcement addresses suspected maritime methamphetamine smuggling through seizure, asset recovery, and arrests under drug-control law.
Intelligence-led narcotics enforcement addressed suspected coastal storage and maritime transfer of methamphetamine to Sri Lanka. Searches recovered crystal methamphetamine concealed in foil packets within duffel bags, which was seized under the Narcotic Drugs and Psychotropic Substances Act, 1985. Searches also recovered suspected drug-sale proceeds and vehicles allegedly used in transportation. Persons allegedly involved in organising coastal export, transport, storage and logistics were arrested and remanded to judicial custody.
October 17, 2026
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Centralised audit framework targets lower physical branch audit coverage while preserving regulatory oversight and maintaining remuneration.
For FY 2026-27, audit remuneration is to remain at existing levels. Member banks are advised to accelerate a centralised audit framework to improve cost efficiency while retaining comprehensive risk oversight. Physical statutory branch audit coverage should be reduced to cover 50% of total business, apart from centralised treasury audits. Audit coverage must align with SEBI listing and disclosure requirements and RBI guidelines, supported by a Board-approved policy for the centralised audit roadmap.
October 17, 2026
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Promissory estoppel cannot prevent Government shareholding dilution where enacted legislation imposes no restriction on strategic disinvestment.
Government shareholding in IDBI may be reduced or divested because the IDBI (Repeal) Act, 2003 contains no restriction on dilution of the Government's stake. A proposed amendment to limit dilution was rejected and not incorporated into the enacted law. Parliamentary statements cannot override statutory text, and promissory estoppel cannot be invoked on the basis of legislative debate statements to prevent dilution of Government shareholding. Successive Union Budget speeches also reflected a policy of transformation and strategic disinvestment of IDBI Bank.
October 16, 2026
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Recipient-generated e-invoicing under reverse charge enables eligible taxpayers to obtain IRNs for domestic unregistered supplies and imported services.
Eligible active registered recipients meeting the applicable aggregate annual turnover threshold may report recipient-generated self-invoices for specified reverse-charge domestic supplies from unregistered persons and imports of services. RCMDOM and RCMIMP must be selected as the relevant e-invoice supply types when reporting through an authorised Invoice Registration Portal. Submission and validation of prescribed invoice particulars would generate an Invoice Reference Number, subject to applicable GST provisions, notifications and e-invoice specifications.
October 16, 2026
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Reservation Policy Implementation in public financial institutions was examined through capacity building, practical deliberations, and measures for consistent application.
Implementation of the Government of India's Reservation Policy across public sector banks, public sector insurance companies, sectoral regulators and public financial institutions was addressed through capacity building to support uniform and effective application. Deliberations considered practical implementation issues, operational challenges and actionable measures for consistent policy application, alongside related welfare measures and interactive discussion of implementation questions.
October 16, 2026
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Organic agricultural export certification supports overseas market access for Palmyra Jaggery Powder through export-oriented producer linkages.
APEDA facilitated the maiden sea export of NPOP- and EU-certified organic Palmyra Jaggery Powder from Tamil Nadu to Bulgaria. The initiative seeks to diversify India's organic export basket, create market linkages for traditional Palmyra-based products, and improve producer access through export-oriented value chains. It covers organic cultivation and reports improved price realisation for participating farmers and the manufacturer compared with the domestic market. APEDA supports certified organic and value-added agricultural exports through market development, quality compliance, and overseas buyer linkages.
October 16, 2026
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Data-driven trade governance enables integrated monitoring, application analysis and evidence-based policy inputs through the National Strategic Trade Command Centre.
The National Strategic Trade Command Centre provides an integrated analytics and visualisation platform consolidating trade data to monitor trade indicators, scheme performance, application pendency, processing timelines, regional trends and compliance-related parameters. It enables analysis across national trade performance, Regional Authorities, schemes, products, destination markets and individual applications, subject to role-based access permissions. Initial dashboards cover key trade-facilitation and regulatory processes, including SCOMET, export promotion schemes, certificates of origin, importer-exporter registration and restricted imports and exports.
October 16, 2026
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Private capital mobilisation should use competitive financing, guarantees and risk mitigation to expand productive employment and productivity.
Private capital mobilisation is treated as essential to employment generation and productivity growth. Private enterprises, MSMEs and startups should remain central to job creation, with financing assessed by employment and productivity outcomes rather than volume. Guarantees, risk-mitigation instruments, local-currency financing and lower transaction costs are identified as means to expand affordable and predictable access to capital. Methodologies underlying governance indicators should be transparent, objective, evidence-based and responsive to diverse development experiences.
October 16, 2026
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Narcotics smuggling through misdeclared air cargo triggered seizure, arrest, and ongoing investigation into concealed hydroponic weed imports.
A Bangkok-origin air-cargo consignment declared as PU Tubes was examined on suspicion of mis-declaration. Plastic spools were found to contain concealed cavities holding polythene-wrapped packets of compacted green substance, preliminarily identified as suspected ganja/marijuana and described as hydroponic weed. The concealed substance, packaging and concealment material were seized under the NDPS Act, 1985. One person was arrested, and follow-up searches produced leads for continuing investigation.
October 16, 2026
Show AI Summary
Unaccompanied baggage gold smuggling: concealed hardware and insider coordination triggered interception, seizure, and arrests under customs law.
Foreign-origin gold smuggling through the unaccompanied baggage channel involved concealment of gold within hardware items and coordinated retrieval through warehouse personnel and intermediaries. Intelligence-led interception resulted in recovery and seizure of foreign-origin gold concealed in a floor spring, metal locks, a grease gun and a door closer. The arrangement used a trolley secured by a pre-decided number-lock combination, with a warehouse staff member, mediator and receiver allegedly involved in delivery of the concealed gold.
October 16, 2026
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Opium cultivation licensing grievance redressal advances through public hearings, administrative remedies, policy recording, and a planned cultivator helpline.
Opium cultivation licensing grievances were addressed through a public hearing where cultivators raised irrigation, climatic, single-plot licensing, and village-wise allocation concerns. Participants were informed of available legal provisions and administrative remedies. Requests for more licences and larger cultivation plots were considered, with policy matters recorded. A helpline is intended to assist cultivators during the 2026-27 licensing operation.
October 16, 2026
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Illicit cannabis cultivation: crop destruction followed legal formalities, while investigation continues in a remote wildlife sanctuary.
Illicit cannabis cultivation was located by a joint DRI and CBN team across five stretches of remote, densely forested wildlife-sanctuary land near village Jamniapani, Shirpur, District Dhule, Maharashtra. The cultivation covered 2.87 hectares. Following requisite legal formalities, the cannabis crop was destroyed using a rotavator in the presence of Police and Forest Department officials. Investigation remains in progress.
October 15, 2026
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Merchandise and services trade estimates show export growth, import expansion, and a wider combined trade deficit over the reporting period.
Combined trade estimates for April-September 2026-27 show exports of US$ 476.20 billion and imports of US$ 551.13 billion, resulting in a trade deficit of US$ 74.93 billion. Merchandise exports rose to US$ 259.89 billion, while merchandise imports reached US$ 437.53 billion. Estimated services exports were US$ 216.31 billion and services imports were US$ 113.60 billion, producing a services trade surplus of US$ 102.71 billion. September services figures are estimates, and specified earlier-period data were revised using quarterly balance-of-payments data.
October 15, 2026
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Emerging technology skills and resilient supply chains are positioned as foundations for investment competitiveness and inclusive economic growth.
Ministerial policy priorities for India's trade, investment and technology agenda emphasise artificial intelligence, cybersecurity, technology adoption, manufacturing investment and lifelong skill development. Investment competitiveness is linked to political stability, resilient supply chains, and fair and transparent trading practices. The first tranche of a bilateral trade agreement with the United States has been finalised, while final contours and legal drafting continue before operationalisation.
October 14, 2026
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Majority stake acquisition in the jewellery sector receives competition clearance for GRT Jewellers' purchase of Tribhovandas Bhimji Zaveri.
Competition Commission of India approved GRT Jewellers (India) Private Limited's proposed acquisition of a majority stake in Tribhovandas Bhimji Zaveri Limited. The transaction concerns entities operating in the Indian gems and jewellery market, including a private limited acquirer and a publicly listed target engaged in manufacturing and sale of gems and jewellery.
October 14, 2026
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Minority shareholding acquisition in mother and baby healthcare receives competition clearance for a private equity-backed investment.
Competition Commission of India clearance authorises NuageLux BidCo S.a r.l. to acquire approximately 23% of the fully diluted shareholding in Kids Clinic India Ltd. The transaction constitutes an acquisition of a minority equity interest in a healthcare provider operating under the Cloudnine brand. NuageLux BidCo is a Luxembourg-incorporated private limited special purpose vehicle, ultimately controlled by Permira Holdings Ltd.

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Customs, DGFT & SEZ

SEZs in Karnataka

July 10, 2019

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Total 62 proposals for setting up of Special Economic Zones (SEZs)in Karnataka have been accorded formal approval under the SEZ Act, 2005.  Presently, 51 SEZs are notified, out of which 31 SEZs are operational.

No such proposal has been received to declare areas surrounding in Chikkodi in Karnataka as a Special Economic Zone.  Setting up of SEZs is primarily private investment driven initiative.

The details of SEZs in Karnataka aregiven below:

List of SEZs in Karnataka

Sl. No.

Name of the developer

Location

Type of SEZ

SEZ status

1

DivyasreeTechnopark

Kundalahalli Village, KrishnarajapuramHobli, Bangalore East Taluk, District Bangalore, Karnataka

IT/ITES enabled services

Notified/

Operational

2

Manyata Embassy Business Park

Rachenhalli&Nagavara Village, Bangalore District, Karnataka

IT/ITES

Notified/

Operational

3

WIPRO Limited

Doddakannelli Village, VarthurHobli, Sarjapur Road, Bangalore, Karnataka

IT

Notified/

Operational

4

WIPRO Limited

Doddathogur Village, BegurHobli, Electronic City, Bangalore, Karnataka

IT

Notified/

Operational

5

Vikas Telecom Private Limited

Outer Ring Road, Devarabeesanhalli Village, VarthurHoblic, Bangalore East Taluk, Karnataka

IT/ITES

Notified/

Operational

6

RMZ Ecoworld Infrastructure Pvt. Ltd.

Devarabeesanahalli, Bhoganahalli and Doddakanahalli, Bangalore, Karnataka

IT/ITES

Notified/

Operational

7

Cessna Business Park Pvt. Ltd.

KadubeesanahalliVill, VarthurHobli, District Bangalore, Karnataka

IT/ITES

Notified/

Operational

8

Tanglin Development Ltd.

Global Village Pattengere/ Mylasandra Villages, Off Mysore Road, RVCE Post, Bangalore, Karnataka

IT/ITES

Notified/

Operational

9

Infosys Technologies Limited

Hebbal Industrial area, District Mysore, Karnataka

IT/ITES

Notified/

Operational

10

Information Technology Park Limited

Sadaramangala and PattandurAgrahara Village, Whitefield Road, District Bangalore, Karnataka

IT/ITES

Notified/

Operational

11

Karnataka Industrial Area Development Board (KIADB)

Village Perumenahally, Kokkanagatta, SumudraVally, Hamumanthapura, Taluk Hassan, Karnataka

Textile

Notified/

Operational

12

Infosys Technologies Limited

Hebbal Industrial area, District Mysore, Karnataka

IT/ITES

Notified/

Operational

13

HCL Technologies Ltd.

Jigani Industrial Area, Attibele Taluka, Bangalore, Karnataka

IT/ ITES

Notified/

Operational

14

Pritech Park

Bellandur Village, VarthurHobli, Bangalore East Taluk,  Bangalore Urban District, Karnataka

IT/ITES

Notified/

Operational

15

Karnataka Industrial Area Development Board (KIADB)

District Hassan, Karnataka

Pharmaceuticals

Notified/

Operational

16

Aspen Infra Padubidri Private Limited (AIPPL)

Nadasalu, Nandikooru, Polimaru and Hejamadi Villages in Udupi Taluk, Karnataka

Engineering

Notified/

Operational

17

Karle Infra Pvt. Ltd.

Nagavara Village, North Bangalore Taluka, Karnataka

IT/ITES

Notified/

Operational

18

Mangalore SEZ Limited

Baikampady Near Mangalore, Dakshina Kannada District, Karnataka

Multi Product

Notified/

Operational

19

Bagmane Construction Pvt. Ltd

Mahadevapura, K R Puram, Bangalore North, Karnataka

IT/ITES

Notified/

Operational

20

Quest SEZ Development Private Limited

Hattargi and Mastiholi villages, Hukkeri Taluk, Belgaum District, Karnataka

Precision Engineering Product

Notified/

Operational

21

Gopalan Enterprises (India) Private Limited.

Village Mahadevpura and Kaggadaspura, K.R. Puram, Whitefield, Bangalore, Karnataka.

IT/ITES

Notified/

Operational

22

Milestone Buildcon Private Limited

Village Chokkanahalli, Taluka YelahankaHobli Bangalore North, Karnataka

IT/ITES

Notified/

Operational

23

Karnataka State Electronics Development Corporation Limited (KEONICS)

Village Machenahalli and Nidige, District Shimoga, Karnataka

Electronics Hardware and Software/ ITES

Notified/

Operational

24

Larsen & Toubro Limited

KIADB Industrial Area, Taluka Hebbel-Hootagally, District Mysore, Karnataka

IT/ITES

Notified/

Operational

25

Wipro Limited

Kodathi village, VarthurHobli, Sarjapur Road, Bangalore, Karnataka

IT/ITES

Notified/

Operational

26

Karnataka Industrial Areas Development Board (KIADB)

Village Bhatramaranahalli. Kavadadasanahalli, Dummanahalli, Talukas Bangalore North and Devanahali, District Bangalore, Karnataka

Aerospace and Industry

Notified/

Operational

27

Infosys Limited

Gokul Village, within the limits of Hobli, Hubli Taluk, District Dharward, Near Airport Hubli, Karnataka

IT/ITES

Notified/

Operational

28

Amin Properties LLP

Pujanahalli Village, Devanahalli Taluk, Bangalore, Karnataka

IT/ITES

Notified/

Operational

29

Bagmane Developers Pvt. Ltd.

Outer Ring Road, Doddanekundi Circle, Marathalli Post, Bengaluru, Karnataka

IT/ITES

Notified/

Operational

30

RGA Infrastructure

Sy. No. 31/1, Chikkankannelli Village, VarthurHobli, Bangalore East Taluk, Bangalore, Karnataka

IT/ITES

Notified/

Operational

31

Biocon Limited.

Anekal Taluk, Bangalore, Karnataka

Bio-technology

Notified/

Operational

32

Karnataka Industrial Areas Development Board (KIADB)

Villages Pajeer and Kairangala, District Mangalore Dakshina Kannada, Karnataka.

IT/ITES

Notified

33

Ittina Properties Pvt. Ltd.

Bagur village, AnugondanahalliHobli, Hoskote Taluk, Bangalore Rural District, Karnataka

Electronic Hardware and Software including IT/ITES

Notified

34

Gopalan Enterprises (India) Private Limited.

Hoodi Village, K.R. Puram, Whitefield, Bangalore, Karnataka.

IT/IT enabled services

Notified

35

Opto Infrastructure Limited

Village kallahalli, Taluka Nanjungud, District Mysore, Karnataka

Electronic Hardware and Software including IT/ITES

Notified

36

Brigade Enterprises Pvt. Ltd.

Ganjimutt, EPIP Industrial Area, Taluka Mangalore, Dakshin Kannada District, Karnataka

IT/ITES

Notified

37

Opto Infrastructure Limited

Village DoddaBasavanahalli and Chikkabasavanahalli, Talukas ShanthigramaHobli and Hassan, District Hassan, Karnataka

Electronic Hardware and Software including IT/ITES

Notified

38

Renaissance Designbuild Private Limited

Plot No. 47 of Koorgally Industrial Area, Village Koorgally, HobliIlawala, Taluka Mysore, Distt. Mysore, Karnataka

IT/ITES

Notified

39

Gulf Oil Corporation Limited

Village  Kattigenahalli and Venkatala, HobliYelahanka, District Bangalore, Karnataka

IT/ITES

Notified

40

Brooke Bond Real Estates Private Limited

Bangalore, Karnataka

IT/ITES/BPO/EH

Notified

41

Gopalan E-Park

Village Koorgalli, Itwala, Hobli, Mysore Taluk, Mysore District, Karnataka

Electronic
Hardware and Software including ITES

Notified

42

Infosys Technologies Limited

Villages Borgunte, surjapur and billapur, Taluka Anekal, District Bangalore, Karnataka

IT/ITES

Notified

43

Karnataka Industrial Areas Development Board (KIADB)

Gamanagatti, Hubli Taluk, Dharwad District, Karnataka

IT/ITES

Notified

44

Saltire Developers Private Limited

Outer Ring Road, Rachanahalli Village, Nagavara, Bangalore, Karnataka

IT/ITES

Notified

45

Infosys Limited

Electronic City, Doddathogur Village, BegurHobli, Bangalore, Karnataka

IT/ITES

Notified

46

Information Technology Park Limited

Sadarmangala Village, Sadaramangala Industrial Area,Whitefield, Bengaluru, Karnataka

IT/ITES

Notified

47

Embassy Property Developments Private Limited

Outer Ring Road, Rachenahalli Village, Bangalore, Karnataka

IT/ITES

Notified

48

Modern Asset

Survey No. 2/1 & 2/2, Venkatala Village, YelahankaHobli, , Bangalore, Karnataka

IT/ITES

Notified

49

Modern Asset (Phase – II)

Survey No. 2/2, Venkatala Village, YelahankaHobli, , Bangalore, Karnataka

IT/ITES

Notified

50

L&T Construction Equipment Limited (Reality Division) SEZ-I

Byatarayanapura Village, YelahankaHobli, Bangalaru North, Bangalaru, Karnataka

IT/ITES

Notified

51

L&T Construction Equipment Limited (Reality Division) SEZ-II

Byatarayanapura Village, YelahankaHobli, Bangalaru North, Bangalaru, Karnataka

IT/ITES

Notified

52

Golden Gate Developers Pvt. Ltd

JalaHobli, Bangalore, Karnataka

IT/ ITES

Formal Approval

53

Concord Investments (Bangalore)

Bangalore, Karnataka

IT/ITES

Formal Approval

54

Bagmane Developers Pvt. Ltd.

Raman Nagar, KR Puram, Bangalore North, Karnataka

IT/ITES

Formal Approval

55

High Street Developers Private Limited

Srirangapatna Taluk, Mandya District, Karnataka

IT/ITES

Formal Approval

56

Gopalan Enterprises India Pvt. Ltd.

Kundalahalli and Nallurahalli villages K.R. Puram Hobli, Bangalore, Karnataka

Biotech

Formal Approval

57

Poornimadevi Tech Park Private Limited

Sulikere village, KengariHobli, Bangalore South Taluk, Bangalore, Karnataka

IT/ITES

Formal Approval

58

Wipro Limited

Belagola Industrial Area, Mogarhalli village, BelagolaHobli, Srirangapatna Taluk,
Mandya District, Mysore, Karnataka

IT/ITES

Formal Approval

59

ISPRL FTWZ Padur (Indian Strategic Petroleum Reserves Ltd.)

Padur, Karnataka

FTWZ

Formal Approval

60

Manipal ETA Infotech Limited

Agara and Jakkasandra village, BegurHobli, Bengaluru, Karnataka

Electronic Hardware and Software including IT/ITES

Formal Approval

61

Jubilant Infrastructure Limited

Kallahalli village, Nanjangud
Taluk, Mysore District, Karnataka

Biotech (Pharma)

Formal Approval

62

Oracle India Private Limited

Kadubeesanahalli Village, VarthurHobli, Outer Ring Road, Bangalore East Taluk, Bangalore, Karnataka

IT/ITES

Formal Approval

This information was given by the Minister of Commerce and Industry, PiyushGoyal, in a written reply in the Lok Sabha today.

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Acts Income Tax