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    JK marks maiden export of premium cherries, plums to Singapore
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    July 16, 2026
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    International food-safety and phytosanitary compliance supports premium cherry and plum exports from Jammu and Kashmir to Singapore.
    Export of premium cherries and plums from Jammu and Kashmir to Singapore was facilitated to expand overseas market access for temperate fruits. The produce underwent scientific cultivation, optimum-maturity harvesting, grading, sorting, packing and cold-chain handling in compliance with international food-safety and phytosanitary standards. The initiative highlights quality enhancement, market development, logistics, export-oriented production and improved post-harvest management for horticultural exports.
    July 16, 2026
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    Electricity bill recovery and prepaid departmental billing are presented alongside independent tariff regulation and rooftop solar promotion.
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    July 16, 2026
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    Rupee depreciation pressures intensify as elevated crude prices, foreign capital outflows and geopolitical tensions weigh on exchange markets.
    The rupee weakened for a fourth consecutive session amid elevated crude oil prices, a stronger dollar index and foreign capital outflows, with rising oil import costs adding to balance-of-payments pressures. Reserve Bank of India data showed an overall balance-of-payments deficit during the first two months of the fiscal year, although the current account recorded a surplus for April-May 2026. Geopolitical tensions and Strait of Hormuz risks were cited as supporting high crude prices, while possible Reserve Bank intervention could support the rupee.
    July 16, 2026
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    Zero-duty India-UK trade under CETA begins with jewellery and coffee consignments, supported by exporter compliance guidance.
    India-UK CETA introduced a low- or zero-tariff regime covering about 99 per cent of tariff lines for Indian exports to the United Kingdom. Initial zero-duty jewellery and coffee consignments reached the UK under the agreement. CETA is intended to improve market competitiveness, strengthen supply chains and support businesses, exporters, importers and investors. A dedicated facilitation forum and a guide to UK import standards and regulatory requirements support Indian exporters, particularly small and medium enterprises, in navigating the post-CETA trading regime.
    July 16, 2026
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    Foreign investor tax exemptions on government securities are proposed to continue, supporting sovereign debt market liquidity and capital inflows.
    Income-tax exemption for foreign investors in government securities is proposed to continue through the Income-tax (Amendment) Bill, 2026, replacing the corresponding ordinance. The ordinance exempted interest income and capital gains from the sale, exchange or transfer of government securities by foreign investors, effective from 1 April. The measure seeks to attract foreign capital, deepen the sovereign debt market and improve liquidity amid global economic volatility. The legislative agenda also includes MSME reforms concerning delayed-payment redressal, enforcement of arbitral awards and State flexibility in constituting facilitation councils.
    July 16, 2026
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    Foreign asset reporting requires complete Schedule FA and Schedule FSI disclosures despite limited information displayed in the Annual Information Statement.
    Annual Information Statement records for eligible taxpayers include foreign assets and foreign-source income information received through the Automatic Exchange of Information framework. The information is intended to facilitate accurate tax compliance and is not a scrutiny or investigation mechanism. As the displayed data is limited to information received from partner jurisdictions and is not exhaustive, taxpayers must correctly and completely disclose all foreign assets and foreign-source income in Schedule FA and Schedule FSI, whether or not such information appears in the Annual Information Statement.
    July 16, 2026
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    Donation management safeguards require transparent accounting, secure precious-metal handling, audits and adherence to prescribed banking and statutory norms.
    Donation-management governance at the Vaishno Devi shrine was reviewed with emphasis on transparency, accountability and compliance with standard operating procedures. The review covered collection, counting, accounting, custody and utilisation of offerings, supported by verification procedures, surveillance, banking safeguards and periodic audits. Security protocols also govern the handling, storage, transportation, processing and refining of precious-metal offerings. The review took place amid a pending complaint alleging irregularities in silver offerings, with complete records sought regarding action taken.
    July 16, 2026
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    EPFO-integrated provident fund payments streamline statutory compliance through digital banking, with real-time confirmations and instant challan downloads for businesses.
    EPFO-integrated provident fund payment service enables business customers to initiate statutory PF payments through the EPFO portal and complete transactions using the bank's internet banking platform. Real-time transaction confirmations and instant challan downloads support faster processing, cash-flow management and timely compliance with EPFO payment requirements.
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    Privileged access governance and explainable security monitoring support auditable, sovereign enterprise cybersecurity across private and air-gapped deployments.
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    July 16, 2026
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    Money-laundering investigation targets alleged foreign-funded network facilitating illegal infiltration, forged identity documents and economic rehabilitation of immigrants.
    A money-laundering investigation examined an alleged syndicate facilitating illegal infiltration, forged Indian identity documents and settlement of Bangladeshi nationals and Rohingyas. Investigators alleged that public charitable trusts receiving foreign contributions channelled funds through multiple bank accounts, mule accounts and layered transactions to support economic rehabilitation through cash assistance, employment and income-generating arrangements. Searches were conducted under the Prevention of Money Laundering Act.
    July 16, 2026
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    Money-laundering investigation examines alleged foreign-funded networks supporting illegal infiltration, forged documents, and economic settlement of migrants.
    A money-laundering investigation concerns an alleged network facilitating illegal entry and settlement of Bangladeshi and Rohingya nationals. The alleged scheme involved forged identity and travel documents, charitable trusts receiving overseas contributions, and diversion of funds through bank accounts, mule accounts and layered transactions. Suspected fund use included settlement support, documentation, employment, cash assistance and income-generating assets. Searches examined the alleged infiltration, documentation and financial-support network.
    July 16, 2026
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    Agentic AI innovation centre enables consumer businesses to co-create, test and scale enterprise AI solutions across operational functions.
    TCS launched a Gemini Experience Centre in Kolkata with Google Cloud to enable consumer businesses to co-create, test and scale AI-led solutions. The centre showcases agentic AI applications for store operations, supply-chain management, omni-channel retail and customer service, serving retail, consumer packaged goods, travel, tourism and hospitality enterprises. The initiative uses Gemini Enterprise-based industry- and context-aware AI agents and seeks to accelerate agentic AI adoption and support movement from AI pilots to enterprise-scale deployment.
    July 16, 2026
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    Cost Inflation Index enables inflation-adjusted long-term capital gains calculations through indexed acquisition cost for eligible capital asset transfers.
    The Cost Inflation Index for financial year 2026-27 is 384 for computing inflation-adjusted long-term capital gains on transfers of capital assets, including immovable property, securities and jewellery. It is used to determine indexed cost of acquisition by adjusting purchase cost for inflation. Long-term classification generally requires holding exceeding 36 months, with stated periods of 24 months for immovable property and unlisted shares and 12 months for listed securities.
    July 16, 2026
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    India-EU industrial and technology cooperation advances through trade facilitation, resilient supply chains, digital innovation and expanded market access.
    India-EU industrial and technology cooperation was advanced through engagements addressing industrial collaboration, technology partnerships, bilateral trade opportunities and business-to-business cooperation. Discussions covered trade facilitation, investment flows, supply-chain resilience, digital innovation, competitiveness and regulatory challenges. The interactions emphasised industry-led growth, greater market access for Indian enterprises and innovation-driven partnerships under the Trade and Technology Council framework.
    July 16, 2026
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    Preferential India-UK trade framework introduces broad zero-duty export access, self-certified origin documentation, and social-security contribution relief for temporary professionals.
    India-United Kingdom CETA entered into force with preferential tariff treatment, including zero-duty access in the United Kingdom for nearly 99 per cent of India's exports. The Agreement covers goods, services and cooperation in customs, digital trade, financial services, telecommunications, intellectual property and professional services. The associated Agreement on Social Security exempts Indian professionals on temporary United Kingdom assignments from double social-security contributions for up to five years. Rules of Origin certification was operationalised through self-certified Certificates of Origin issued on the eCoO 2.0 platform.
    July 16, 2026
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    Labour market indicators showed stable overall participation, employment and unemployment, with marginal urban improvement and softer rural unemployment.
    Monthly labour-market estimates for persons aged 15 years and above, compiled under the Current Weekly Status approach, show stable overall labour-force participation, worker population ratio and unemployment rate in June 2026. Urban labour-force participation and worker population ratio improved marginally, while rural participation and employment remained stable. Female labour-force participation was broadly stable month-on-month. Rural unemployment eased slightly, urban unemployment rose marginally from the preceding month, and urban unemployment declined on a year-on-year basis.
    July 16, 2026
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    Competition clearance governs full acquisition of a data-centre provider alongside co-investor economic interests in the transaction.
    Competition approval concerns Opal Bidco Pte. Ltd.'s acquisition of the entire shareholding in STT GDC Pte. Ltd., a data-centre provider. The transaction also provides for specified co-investors to acquire economic interests in STT GDC on a see-through basis. STT GDC operates in India through an indirect subsidiary and is among multiple data-centre participants active in India.
    July 16, 2026
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    Windfall tax on petroleum exports revises diesel and aviation fuel levies while reducing the petrol export levy.
    Special Additional Excise Duty on petroleum-product exports was revised from 16 July 2026, increasing the levy on diesel and aviation turbine fuel exports while reducing it on petrol exports. Duty rates on petrol and diesel cleared for domestic consumption remained unchanged. The windfall tax framework seeks to support domestic fuel availability and discourage exporters from benefiting from differences between domestic and global fuel prices during elevated crude-oil prices.
    July 15, 2026
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    Duty-free market access under the India-UK trade pact expands exports while preserving safeguards for procurement and policy space.
    The India-UK Comprehensive Economic and Trade Agreement provides duty-free access for nearly 99 per cent of Indian exports and includes reciprocal government-procurement access subject to safeguards. India retains MSME preferences, limits covered procurement to selected central entities, excludes strategic sectors, and applies minimum contract thresholds. The agreement preserves compulsory licensing and permits withdrawal of certain concessions if a future UK carbon tax adversely affects Indian exports. Its gender, SME, environment, and labour chapters contain no dispute-settlement provisions.
    July 15, 2026
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    India-UK trade agreement expands duty-free market access and tariff reductions for exports, services, manufacturing and small enterprises.
    India-UK Comprehensive Economic and Trade Agreement (CETA) is stated to provide duty-free access in the UK market for 99 per cent of Indian products and to reduce or eliminate UK import tariffs across key product categories. It is expected to support Karnataka exports in manufacturing, agricultural produce, processed food, electronics, aerospace and medical devices, with certain tariff reductions phased out over time. Mode 1 services provisions are identified as beneficial to Bengaluru's IT industry, while awareness programmes and investment roadshows are proposed to help exporters and attract investment.

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      Customs, DGFT & SEZ

      APEDA organizes Global Millets (Shree Anna) Conference

      March 18, 2023

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      APEDA organizes Global Millets (Shree Anna) Conference

      To stimulate millet exports & enhance market linkages for the producers

      India nourishing the world with food & nutritional security

      Under the visionary leadership of Hon'ble Prime Minister Shri Narendra Modi, the Agricultural and Processed Food Products Export Development Authority (APEDA), Ministry of Commerce and Industry, Government of India has organized the Global Millets (Shree Anna) Conference today at Subramaniam Hall, NASC Complex, Pusa Road, New Delhi to stimulate the exports of millets from India and provide market linkage to the producers. 

      Around 100 Indian millet exhibitors from different parts of the country and around 100 international buyers from various countries like the USA, UAE, Kuwait, Germany, Vietnam, Japan, Kenya, Malawi, Bhutan, Italy and Malaysia have been invited to the Conference. This conference provides an excellent opportunity for trade and networking among the participants. APEDA requested 30 potential millet importing countries to send their major buyers for this conference to visit the exhibition and travel around the stalls of 100 exhibitors of unique products of millets. Additionally the details of all the millet exhibitors under different categories in the exhibition area have been displayed digitally through which the importers can source millets directly from this list of Indian millet producers. The Virtual Trade Fair (VTF) is operational 24X7 365 days wherein exhibitors and buyers can interact based on the products displayed in the VTF.

      The conference will also feature a series of informative sessions, including keynote, and presentations in a digital platform. These sessions will focus on various aspects of millet and its value-added products, processing, packaging, and export potential providing valuable insights for both exhibitors and buyers.

      The event is expected to generate a significant impact on the millet industry, further promoting its growth and development in the global market. The Conference organised by APEDA provided a platform for B2B meetings between International and National Buyers, Exporters, Progressive Growers, FPOs of millets to explore direct marketing and export opportunities for millets and its value-added products.

      India’s export of Millets is 64 million USD in the year 2021-22. There is an increase in export of Millets by 12.5 % during the period April-December 2023 as compared to the same period last year. Export of millets has witnessed a change in paradigm in the last decade. The major importing countries were USA, Australia, Japan, Belgium etc in 2011-12 which had been shifted to Nepal (USD 6.09 million), UAE (USD 4.84 million) and Saudi Arabia (USD 3.84 million) in 2021-22. Kenya, Pakistan were also among the potential import destinations of India in the last decade. The other seven destinations in the current top-ten list of India’s millet export are Libya, Tunisia, Morocco, UK, Yemen, Oman and Algeria. India is exporting millets to 139 countries across the globe. The export of value-added products of Indian millets are also spread across the world. 

      Today India has the potential to lead the world as a key player in the global supply chain of millet & its value added products. APEDA in the forefront with the mandate of export promotion of agri products of the nation selected these unique products from the nutritional millet basket & displayed in the global market targeting to bring a global millet revolution. APEDA participated in the opening ceremony of the International Year of Millets 2023 organised by FAO at its HQ in Rome, Italy displaying different varieties of Millets and value added Millet products. APEDA organised a Buyer-Seller Meet for export promotion of Millets at Jakarta, Medan, Nepal, Brussels , Belgium. In addition, Virtual Buyer Seller Meet was organized with Malaysia, EU, UAE, Malaysia, Japan and Algeria.

      An exclusive millet gallery was set up during GULFOOD 2023 wherein start ups, new entrepreneurs, FPOs, exporters, women entrepreneurs displayed their millet products to give wide publicity to the Indian millets & its value added products before the importers across the world and 5000 participant companies from 125 countries.

      APEDA in association with Indian Missions abroad promoted Indian millets during the Republic Day celebrations. Millets products were sourced from various Start ups and sent to Embassy of India in various countries like Doha, Qatar, Italy, Uzbekistan, Bahrain, Malaysia, Russia, Tokyo, Indonesia, Republic of Korea Saudi Arabia, Perth, Denmark, Argentina, Egypt, Canada, Guatemala, Algeria and China for promotion during the Republic Day celebrations.  

      APEDA has formulated a robust strategy focussing to expand the global basket with millets and its value-added products to achieve USD 100 million targets by 2025 with monumental efforts to broaden global reach. India is marching ahead in the International Year of Millets 2023 with a basket of nutritiously rich Indian Millets – popularly known as Shree Anna in the global market. 

      India is flourishing the nutritious millet basket with a range of innovative value added products of millets. APEDA in collaboration with Indian Institute of Millets Research and respective State Agricultural universities has incubated more than 200 start-ups to develop a range of millet based value-added products, Ready to Eat , Ready to Cook and Ready To Serve products, easy meal solutions as wholesome food suitable for all age groups. 

      India is the largest producer of millets. The country is enriched with a wide range of millets produced in major millet-growing states like Rajasthan, Maharashtra, Karnataka, Andhra Pradesh, Madhya Pradesh, etc. India produced 17.96 million Metric Tonne (MT) of Millets. Millet grown in India are Pearl Millet, Sorghum, Finger Millet and minor Millets like Proso Millet, Kodo Millet, Little Millet, Foxtail Millet, Browntop Millet, Barnyard Millet, Amaranthus and Buckwheat. The Indian government has also been promoting Millet production as part of its National Food Security Mission. As a result of these factors, millet production in India is expected to continue to grow in the coming years.

      As we are progressing ahead in IYOM 2023, India is enriched with unique varieties of value added products of millets which range from millet pizza base, millet ice creams, ice cream cones and cups, millet cakes & brownies, breakfast cereals, traditional Indian dosa, poha, upma, pasta, noodles millet milk, tea, consumable millet tea cups that are so environment friendly that they can either be consumed directly or utilized as feed/fodder. 

      A lot of value-added products have been created with millets such as Idli, Dosa, Idiyappam, Roti, Puttu, Upma, Porridge, Chapati, Pancakes, Vermicelli upma, Pasta, Noodles, Macaroni, Semolina/Suji, Muesli, Instant mixes, Mudde as Breakfast items, Halwa, Adhirasam, Kesari, Nutritious ball, Payasam/Kheer as Sweets, Vada, Pakoda, Murukku, Bhelpuri, Boli, Pappads, Ready to eat mixes, Flakes, Puffs, Millet Laddus, Millet rusks as Snacks and some bakery products like Bread, Cake, Cookies, Soup sticks,Edible biscuit cups, Health bars, Spreads, Muffins, etc. Beverages like Beer, Soups, Malted millet-based beverage, Germinated Ragi drink mix, Multigrain drink mix, Ready to drink beverages have also been created with millets. In addition to these, some other food items created with millets include Biryani, Weaning foods/infant foods, Chat mixes, etc.

      APEDA has shown to the world the nutritious millets that India has to offer. The journey in the promotion of Millet has made a positive impact showing pick up in millet exports. Gearing up to take India from a leading producer to the leading exporter of Millets, contributing towards a prosperous future for millions of Indian farmers across the country and making valuable additions to achieve food & nutritional security. The journey has just begun to bring the goodness of Indian Millets to the global consumer. 

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