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October 28, 2026
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Wildlife trafficking enforcement led to seizure of sedated reptiles concealed in passenger baggage and customs-law arrests.
Wildlife-smuggling enforcement at Trichy International Airport involved interception of two Indian passengers arriving from Bangkok via Colombo on specific intelligence. Examination of their baggage revealed 45 live reptiles, sedated and concealed in 27 food packets. Coordinated action resulted in seizure of the reptiles and arrest of the passengers under the Customs Act, 1962.
October 27, 2026
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Trade and investment cooperation under the EFTA partnership supports broader business collaboration in technology, finance and manufacturing.
The India-EFTA Trade and Economic Partnership Agreement operates as an enhanced framework for deeper engagement between India and EFTA countries, supporting expanded bilateral trade, investment and business linkages. Business expansion and investment opportunities were examined in technology, innovation, financial services and manufacturing, together with partnerships involving Indian businesses. The framework includes investment commitments and direct job creation over a 15-year period.
October 27, 2026
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Trust-based business regulation reduces startup barriers, streamlines licensing and approvals, and broadens investment access through digital single-window services.
Trust-based regulatory reform combines startup financing and procurement access with compliance reduction, decriminalisation, labour-law consolidation, licensing digitisation, foreign-investment liberalisation and National Single Window System services. Startup measures include seed funding, fund-of-funds investment, credit guarantees, tax reforms and relaxed public-procurement entry conditions. The digital approvals framework integrates Central and State services, identifies applicable approvals, auto-populates common data and automates selected industrial and production-visa processes.
October 27, 2026
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India-EU Free Trade Agreement opportunities guide India-Netherlands discussions on market access, investment partnerships, supply-chain integration, and sectoral collaboration.
India-EU Free Trade Agreement opportunities were central to India-Netherlands engagement on expanding bilateral trade, investment partnerships, market access, and collaboration across key sectors. Complementary economic strengths and closer industry-to-industry engagement were linked to concrete business partnerships, investments, and stronger India-Europe supply-chain integration. Direct meetings and a business roundtable also addressed investment opportunities, commercial partnerships, business priorities, and private-sector cooperation in technology, logistics, energy, electronics, industrial solutions, and retail.
October 26, 2026
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Administrative efficiency and waste management drive advances record review, sanitation, e-waste disposal, and office-space optimisation.
Special Campaign 6.0 institutionalises cleanliness, administrative efficiency, backlog reduction, office-space management and environmentally compliant electronic-waste disposal. Implementation includes review and weeding of physical records, closure of electronic files, sanitation drives, mechanised cleaning, and segregated waste clearance. Across 449 offices, scrap clearance reclaimed office space and generated revenue through disposal of unserviceable and redundant goods.
October 26, 2026
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Export credit risk coverage under RELIEF continues, protecting eligible exporters from insurance premium increases during the eligible period.
RELIEF Component II is extended until March 31, 2027, to support exporters affected by West Asian geopolitical disruption and maritime logistics risks. Eligible exporters obtaining qualifying Standalone Policies or Whole Turnover Policies may receive 95 per cent risk coverage for specified export shipments, with protection against insurance premium increases above pre-disruption levels. Coverage includes full-container-load, less-than-container-load and refrigerated-container cargo, excluding energy shipments. Claims and supporting records must be submitted through the Export Credit Guarantee Corporation customer portal.
October 26, 2026
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Public procurement access to indigenous gift products expands curated government gifting and supports local artisans.
Government e-Marketplace promotes The AABHAR Collection as a digital storefront for curated gift items associated with One District, One Product and Geographical Indication tags. It gives government buyers access to regionally distinctive handicrafts, handlooms, artisanal food, pantry, and personal-care products, linking public procurement requirements with artisans, weavers, rural entrepreneurs, and women-led enterprises. Government buyers may use the storefront for official and ceremonial gifting while promoting indigenous products, cultural heritage, and local livelihoods.
October 26, 2026
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Special purpose vehicle governance advances coordinated infrastructure, land allotment, statutory clearances and investor facilitation for an integrated manufacturing cluster.
BIMCGL is the special purpose vehicle implementing the Integrated Manufacturing Cluster at Gaya through an equal-equity joint venture framework. Its functions include coordinated planning, infrastructure development, statutory clearances, utility connectivity, investor facilitation, and project monitoring. Implementation covers trunk infrastructure, integrated utilities, water-storage facilities, and an Integrated Land Allotment Portal designed to improve transparency and streamline industrial land allotment. The cluster is intended to support large manufacturers and MSMEs across diverse manufacturing sectors.
October 26, 2026
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India-EU Free Trade Agreement may expand Indian exporters' European market access through integrated maritime logistics and port connectivity.
The anticipated India-EU Free Trade Agreement is expected to create opportunities for Indian exporters, while the Port of Rotterdam's capacity, logistics infrastructure and European connectivity may facilitate greater India-Europe trade flows. Netherlands-based maritime logistics may support market access and closer economic integration between India and Europe. Sustained stakeholder engagement was linked to trade, investment and commercial cooperation.
October 24, 2026
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India-Germany economic cooperation advances through trade, investment, advanced manufacturing, research collaboration, and emerging technology partnerships.
India-Germany economic cooperation is being advanced through bilateral engagements addressing trade, investment, advanced manufacturing, research and emerging technologies. Economic and investment ties formed the subject of discussions between government representatives, while business and sectoral interactions explored expanded commercial partnerships, investment, industrial cooperation and bilateral business collaboration. Research and innovation cooperation also focuses on advanced industrial technologies and industry-academia partnerships.
October 24, 2026
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Financial stability safeguards require coordinated vigilance, cyber resilience, digital financial reforms, and faster return of unclaimed assets.
FSDC reviewed macro-financial stability and India's preparedness for related risks, emphasising heightened vigilance, proactive risk mitigation and safeguards for financial-system resilience. Regulatory modernisation measures considered include fintech innovation, tokenisation of financial assets, cyber resilience and implementation of the Financial Sector Cyber Security Strategy. Implementation priorities cover digital KYC, digital onboarding, digital public infrastructure, investment flows, reduced intermediation costs and rationalised credit guarantee schemes. Regulators and stakeholders were urged to expedite the return of unclaimed financial assets to rightful owners.
October 24, 2026
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Country-of-origin misdeclaration enabled attempted evasion of import prohibitions through third-country transshipment, prompting customs seizure and arrests.
Import-origin misdeclaration and third-country transshipment were alleged to have been used to evade the prohibition on direct or indirect imports of Pakistani-origin goods. A shipment declared as UAE-origin muskmelon seeds was found to contain watermelon seeds, with evidence of shipment from Pakistan through Dubai, container and vessel changes, and fabricated import documentation. Watermelon seeds were separately restricted for import. The goods were seized under the Customs Act, 1962, and two persons alleged to have handled overseas supply and Indian import formalities were arrested.
October 24, 2026
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Heroin trafficking enforcement addresses alleged public transport movement, with search, seizure, and arrests under narcotics law.
Intelligence-led narcotics enforcement by the Directorate of Revenue Intelligence in Phagwara involved interception of a public transport bus, recovery of 5.6 kg of heroin from a suspect's backpack, and arrest of four persons alleged to have transported and possessed the substance. A personal search under the Narcotic Drugs and Psychotropic Substances Act, 1985, revealed ten taped packets that field-tested positive for heroin; the contraband was seized under that Act.
October 24, 2026
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Narcotics smuggling enforcement uncovers hydroponic marijuana concealed in an import consignment, prompting seizure, arrest, and further investigation.
Narcotics-smuggling enforcement resulted in the seizure under the Narcotic Drugs and Psychotropic Substances Act, 1985, of 23.220 kg of hydroponic marijuana concealed in a Bangkok-origin import consignment declared as lamps. X-ray imaging and dismantling of a wooden pallet recovered 23 vacuum-sealed packets containing compressed green leafy substance. Intelligence from an earlier ganja seizure led to scrutiny of the consignment, a further arrest, and continuing investigation into a wider trafficking syndicate.
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Engineering export competitiveness requires resilient raw-material supply chains, effective free-trade pact use, and responses to quality and climate-linked barriers.
Engineering-export strategy development focuses on stronger use of free trade pacts, market access, competitive raw-material availability and resilient supply chains. Input-cost volatility, supply-chain disruptions, global overcapacity, trade-protective measures, sustainability-related requirements and climate-linked market-access conditions affect export competitiveness. Quality Control Orders require an evidence-based assessment of covered sectors and products, their rationale and industry impact, supported by a comprehensive white paper and panel-wide feedback for policy deliberation.
October 23, 2026
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Free trade agreement cooperation is being pursued to translate industrial collaboration into trade and investment opportunities.
Trade, investment and industrial cooperation are being pursued through ministerial consultations and business dialogue, with the prospective India-EU Free Trade Agreement identified as a framework for expanding bilateral trade and investment. Business-roundtable discussions focus on translating that prospective framework into concrete opportunities. International partnerships are associated with trust, complementary economic strengths and resilient supply chains, alongside efforts to deepen cooperation in trade, investment, technology and industry.
October 23, 2026
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Asset reconstruction company participation in insolvency resolution gains support through industry-linked professional education, research, and engagement.
The five-year collaboration strengthens the Post Graduate Insolvency Programme through industry-oriented teaching, faculty support, joint research, data sharing subject to legal and confidentiality requirements, and opportunities for internships, placements and industry engagement. Asset Reconstruction Companies may participate as resolution applicants under the Insolvency and Bankruptcy Code, subject to prescribed regulatory conditions, contributing expertise in asset valuation, debt restructuring and stressed-asset management to insolvency resolution.
October 23, 2026
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Competition approval governs Integrace's acquisition of Universal Nutriscience share capital and related transaction in healthcare and nutraceutical markets.
Competition Commission of India approval covers the proposed combination under which Integrace Private Limited will acquire share capital of Universal Nutriscience Private Limited from its existing shareholders, together with a related transaction. Integrace is a domestic formulations company focused on orthopaedics and gynaecology, while Universal Nutriscience operates in nutraceutical and lifestyle products and plans new products and novel drug-delivery systems.
October 23, 2026
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Full equity acquisition of a multi-specialty hospital network receives merger-control clearance through a private-equity-backed special-purpose vehicle.
The approved combination involves Maybach Asia Holdings II Pte. Ltd. acquiring 100% of the equity share capital of Sahrudaya Health Care Private Limited. The acquirer is a special purpose vehicle formed exclusively for the transaction and is indirectly owned by investment funds, vehicles and accounts managed through subsidiaries of KKR & Co. Inc. The target operates a multi-specialty hospital network across south and west India.
October 22, 2026
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Policy repo rate tightening addresses broadening inflation pressures while keeping future action dependent on growth and price data.
The Monetary Policy Committee unanimously increased the policy repo rate under the liquidity adjustment facility by 25 basis points to 5.50 per cent. The standing deposit facility rate was set at 5.25 per cent, and the marginal standing facility rate and Bank Rate at 5.75 per cent. The stance changed from neutral to calibrated tightening, indicating that rate cuts are not contemplated in the near term. Future policy action may involve a rate increase or pause depending on growth, inflation, underlying price pressures, second-round effects and demand impulses.

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IICA conducts seminar on Business and Human Rights Professionals to ensure Social Sustainability of Businesses

April 11, 2023

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The Indian Institute of Corporate Affairs (IICA), an autonomous institution under the aegis of the Ministry of Corporate Affairs, Government of India, has initiated a new cadre of Business and Human Rights (BHR) Professionals in the country. In a Curtain Raiser Event held yesterday of the programme for creating and developing Business and Human Rights Professionals, IICA formally disseminated the importance and relevance of BHR leaders and professionals in the country.

Secretary General, National Human Rights Commission (NHRC), Shri Devendra Kumar Singh was the Chief Guest of the event. The event was also addressed by Shri Sean Christopher Lees, BHR Specialist, UNDP Asia Pacific, Bangkok; Shri Praveen Kumar, Director General and CEO, Indian Institute of Corporate Affairs (IICA); Shri Inderdeep Singh Dhariwal, Joint Secretary, Ministry of Corporate Affairs, Govt. of India;  Shri Gyaneshwar Kumar Singh, Joint Secretary, National Commission for Scheduled Caste, Ministry of Social Justice and Empowerment, Govt. of India; Shri R. Mukundan, Managing Director & CEO, Tata Chemicals Ltd.; and Dr. Garima Dadhich, Head, Centre for Business & Human Rights, IICA.   

Addressing the gathering, Shri Devendra Kumar Singh, Secretary General, National Human Rights Commission (NHRC) said that principles of social justice like Access, Equity, Diversity, Participation, and Human Rights are important goals in any civilised society. Our constitution and democratic structure significantly accord a system for social Justice to all the citizens. He also mentioned that India had signed Universal Declaration on Human Rights and also endorsed the United Nations Guiding Principles on Business and Human Rights. As the whole gamut of human rights is an important component, he emphasised the need for creating a cadre of BHR Professionals in India. He said that Trained manpower is need of the hour and IICA under the Ministry of Corporate Affairs has taken timely initiatives to cater the needs of transformation in industries through building capacities of the corporate functionaries in Business and Human Rights.  He shared that NHRC follows the human centric approach and a mandate of ‘Let everybody be happy’ which is also the G-20 motto. He also highlighted the trusteeship principle of Mahatma Gandhi and welfare of people. He informed about some of the initiatives of NHRC in different sectors relevant to BHR such as advisory for truck drivers, differently-abled, etc. He stressed on exploring more synergies between NHRC and IICA to strengthen the BHR agenda in country.

Shri Praveen Kumar, DG&CEO, IICA said that IICA being an eminent Govt. institute focuses on the multiple areas of corporate affairs and School of Business Environment at IICA has launched this unique first of its kind programme on Business and Human Rights to help corporate professionals build specific knowledge and capabilities to translate human rights requirements into concrete strategies and practical actions. He said that ‘Purpose before profit’ is a new vision given to the businesses. Businesses should see that their policies, practices, inputs and outputs are beneficial to multiple stakeholders. He shared that School of Business Environment, IICA has been playing an important role of providing technical policy inputs in drafting National Action Plan on BHR, National Guidelines on responsible Business Conduct, Business Responsibility and Sustainability Reporting, High Level Committee on CSR etc.

Shri Sean Christopher Lees, BHR Specialist, UNDP Asia Pacific, emphasised that Increasing demands from business stakeholders, international treaties, and national regulations has forced businesses to follow a way which is sustainable to both profits and planet. He narrated his experience of BHR policies and implementation in various countries in the Asia-Pacific region. He also emphasized that India is in a progressive stage to achieve economic targets as well as targets of sustainable development, hence a balanced approach on both the fronts will lead the country to a sustainable future. He said that industrialization globally and in India has played a vital role in technological and economic growth, such growth has posed unique types of concerns in realizing Human Rights within the sphere of business. 

Dr. Garima Dadhich, Head School of Business Environment, IICA said that by integrating business and human rights in business policies and practices, a business house receives competitive advantage in today’s edge of responsibility, it also helps preventing and mitigating associated risks for social sustainability. She expressed that ‘IICA Certified BHR Professional Programme’ is first of its kind in India. While addressing various objectives of the programme, she emphasised that the BHR is not only meant for sustainability professionals but is equally important for human resource professionals, procurement and supply chain professional, vigilance & ethics etc. Integration of BHR in business as well as in its value chain is equally important. Increasing pressure from multiple stakeholders including investors, buyers, consumers, shareholders etc. pose an unwritten mandate on businesses to adopt business and human rights principles and practices. By adopting BHR, businesses also fulfil requirements under various national and international standards. She highlighted the need of Business and Human Rights globally and nationally for businesses and how this programme being uniquely designed and developed to bridge the gap of implementing BHR practices.

Mr. Inderdeep Singh Dhariwal, Joint Secretary, Ministry of Corporate Affairs, Govt. of India, said that the Government of India has taken several initiatives to ensure that businesses operate with respect for human rights. As the Ministry of Corporate Affairs is the regulatory authority of the corporates, and promoting the “Business and Human Rights” in India. MCA has always been focusing towards promoting the sustainable business and inclusive growth. To ensure responsible governance, MCA has been amending the companies act from time to time keeping in view the present corporate scenarios and the expectations from the corporates which includes their responsibility to respect the environment and society. The Government has drafted the National Action Plan on Business and Human Rights (NAP-BHR) and has also launched the National Guidelines for Responsible Business Conduct (NGRBC). He said that the average life of corporate is shrinking due to several internal and external factors, business and human rights is one of them. He highlighted the philosophy of human rights for businesses in terms of treating all human beings equally.  

Mr. R. Mukundan, Managing Director & CEO, Tata Chemicals Ltd. Spoke on business risk mitigation by integrating BHR in business policies and practices, he mainly emphasized on various international and national mandatory and voluntary compliance requirements and need for corporate executive’s capacity building. Business and Human Rights related disclosures under the UNGC, GRI, NGRBC, and BRSR etc. are of utmost importance for a business to not only carry an image of a responsible business among its stakeholders but also for ensuring social sustainability. Today, various stakeholders of business like investors, consumers, communities, shareholders etc. demand business to be responsible and avoid human rights violations, and take measures to protect and respect human rights. He said that making mere disclosures may not be considered as transparency, disclosures are only one of the components of transparency. He stressed that businesses may not perfect in their initiatives today, but they have to go through the journey of continuous improvement collectively. Such initiatives by IICA are designed to help businesses in practicing BHR and become more responsible.    

The event was attended by about 150 senior corporate officials enrolled in the programmes.; Dr. Ravi Raj Atrey, Chief Programme Executive, IICA; and Ms Sudha Rajagopalan were also present among the other dignitaries. Vote of thanks was delivered by Ms Nusrat Khan, BHR National Specialist, UNDP India, she highlighted the collaboration between UNDP, European Union and the Indian Institute of Corporate Affairs for promoting BHR through corporate capacity building initiatives.

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