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    August 22, 2026
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    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
    Trade war between Canada, US deepens rupture in what had been close and durable alliance
    Show AI Summary
    Reciprocal tariffs reshape Canada-United States trade relations, increasing supply-chain risks and accelerating Canadian trade diversification beyond its primary export market.
    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
    Canada will impose retaliatory tariffs on US good beginning Sept 8
    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
    J-K parties oppose hike in power tarrif
    Show AI Summary
    Power tariff revision faces political opposition over increased consumer electricity costs and conflict with prior free-electricity commitments.
    Power tariff regulation in Jammu and Kashmir and Ladakh has been revised through approval of an average tariff increase, effective from 1 September 2026. Political representatives have opposed the increase on the ground that it adds to consumer hardship amid unemployment, inflation, and sectoral difficulties. The criticism also contrasts the revised tariff with prior commitments concerning free domestic electricity and gas.
    August 22, 2026
    IAS officer Gangwar not ‘missing’, away in UP over father’s health: Karnataka minister
    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.
    August 22, 2026
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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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    Show AI Summary
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    August 22, 2026
    CGST Zone detects clandestine pan masala, tobacco unit, detects tax evasion of Rs 160 cr
    Show AI Summary
    Capacity-based tobacco taxation targets undeclared packing machinery used for clandestine production and clearance without indirect tax payment.
    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.
    August 22, 2026
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    Show AI Summary
    Trade exhibition connects Korean exporters with Indian buyers through sector-specific consultations and certification guidance for market entry.
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    Show AI Summary
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    DFS Concludes Two-Day Workshop on Enhancing Accessibility of Financial Services for Divyangjans
    Show AI Summary
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    August 22, 2026
    CCI imposes monetary and non-monetary sanctions on Agro Input Dealers Association, Agro Input Welfare Association for indulging in anti-competitive conduct
    Show AI Summary
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    Cartelisation by the two agro-input dealer associations and named individuals contravened Section 3(3)(b) read with Section 3(1) of the Competition Act, 2002. Monetary sanctions were imposed, and association office-bearers were held liable under Section 48. The parties and liable officials were directed to cease and desist from future anti-competitive conduct and to organise competition-compliance training to promote awareness and compliance within the associations.
    August 22, 2026
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    Show AI Summary
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    India-Finland circular economy cooperation is being developed through business, technology, investment and commercial partnerships supporting resource-efficient and sustainable growth. Discussions focused on competitive and resilient value chains based on circularity, traceability, resource efficiency and sustainable business practices. Circular economy principles extend beyond waste management into product design, value chains, resource use, skills development and new business models. The India-EU free trade agreement remains subject to legal review and formal ratification and is not yet in force.
    August 22, 2026
    CCI imposes penalty on Rekha Agencies and SS Marketing for indulging in anti-competitive conduct in respect of Himachal Pradesh Tender 2013 for the procurement of tyres
    Show AI Summary
    Bid rigging through pre-bid exchange of sensitive price information attracted penalties and cease-and-desist directions in tyre procurement.
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    August 22, 2026
    US is set to impose 50% tariffs on $20 billion worth of Canadian products
    Show AI Summary
    Import tariffs on Canadian products trigger potential retaliatory levies after bilateral negotiations fail to reach agreement.
    Import tariffs on Canadian products are set to be imposed by the United States at a 50% rate after bilateral negotiations did not produce an agreement. The measures cover products including hockey sticks and tongue depressors and affect a limited share of Canada's annual exports to the United States. Canada has indicated possible retaliatory levies, intensifying the bilateral trade dispute.
    August 21, 2026
    Rupee settles 3 paise higher at 95.71 against US dollar
    Show AI Summary
    Rupee exchange-rate movement reflected geopolitical tensions, crude oil conditions and market intervention, while export payment rules expanded rupee invoicing.
    Foreign Trade Policy amendments facilitate export invoicing and receipt of payments in Indian rupees. For exports to countries outside the Asian Clearing Union, export contracts and invoices may be denominated in Indian rupees or any foreign currency. The earlier general requirement that export earnings be received in a freely convertible currency is thereby eased, while applicable rules continue to vary according to destination.
    August 21, 2026
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    Show AI Summary
    Non-controlling land-bordering country ownership permits eligible foreign investment through the automatic route, subject to sectoral conditions and reporting.
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      Home› news › Customs, DGFT & SEZ › 2019 › July, 2019 › This
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      Customs, DGFT & SEZ

      SEZs in Karnataka

      July 17, 2019

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      Total 7 Special Economic Zones (SEZs) have been approved for Agro and Food Processing sector in India.  Out of these 7 SEZs, 6 have been notified and 3 SEZs are operational.  One SEZ for Food Processing sector at Kakinada has been notified and operational in the State of Andhra Pradesh.  A statement showing details of Agro and Food Processing SEZs in India is at Annexure.  The State-wise revenue generated by Food and Agro Industry units in SEZs during the last three years is as below:

      (Rs. Crores)

      State-wise

      2016-17

      2017-18

      2018-19

      Andhra Pradesh

      4.33

      8.01

      5.30

      Gujarat

      0.01

      1.22

      1.37

      Kerala

      2.49

      3.14

      4.58

      Madhya Pradesh

      8.13

      14.84

      26.58

      Maharashtra

      0.01

      0.12

      0.07

      Uttar Pradesh

      0.03

      -

      -

      West Bengal

      -

      -

      0.22

      Total

      15

      27.33

      38.12

      The units in the SEZs are taking necessary safety standards as laid down in relevant Act/Rules.

      Annexure

      List of Agro and Food Processing SEZs in India

      Sl. No.

      Name of the developer

      Type of SEZ

      Location

      SEZ status

      1

      Kerala Industrial Infrastructure Development Corporation (KINFRA)

      Agro Based Food Processing

      Malappuram District, Kerala

      Notified and Operational

      2

      Parry Infrastructure Company Private Limited

      Food Processing

      Kakinada, Andhra Pradesh

      Notified and Operational

      3

      Pearl City (CCCL Infrastructure Limited)

      Food Processing

      Tuticorin District, Tamil Nadu

      Notified and Operational

      4

      Nagaland Industrial Development Corporation Limited

      Agro and Food Processing

      Dimapur, Nagaland

      Notified

      5

      AnsalColours Engineering SEZ Limited

      Agro and Food Processing Products

      Sonepat, Haryana

      Notified

      6

      CCL Products (India) Limited

      Agro based Food Processing

      Chittoor District, Andhra Pradesh

      Notified

      7

      Akshaypatra Infrastructure Pvt. Ltd.

      Food Processing

      Mehsana, Gujarat

      Formal

      Approval

      This information was given by the Minister of State in the Ministry of Commerce and Industry, Hardeep Singh Puriin a written reply in the Lok Sabha today.

      ***

      MM/SB                                                       

       

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