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    Jharkhand signs pact with CSC eStore to make SHG products made by women available online
    APEDA Facilitates First-Ever Air Shipment of Karnataka's Neelam and Totapuri Mangoes to the Maldives
    Favara-UPI Cross-Border Payment Corridor Goes Live Between Maldives and India
    SC upholds NCLAT order setting aside CCI's Rs 301.6-cr penalty on Grasim Industries
    China's factory activity unexpectedly slips into contraction in July
    PM Modi to inaugurate Bhogapuram Airport on Aug 1 in Andhra Pradesh
    Rupee rises 20 paise to 95.30 against US dollar in early trade
    APEDA Facilitates First-Ever Sea Shipment of Value-Added Flavoured Makhana from Bihar to Canada
    Indian envoy meets Chinese commerce ministry official; Calls for enhanced market access
    ED attaches Rs 94 crore in foreign bank account in fraud case against Delhi-based rice firm
    Ensure uniform deposit rates across all branches: RBI tells banks
    PM takes stock of geo-political situation, safety of seafarers, supply chain constraints
    Delhi govt to provide property Aadhaar cards; bring Land Records Bill: CM Rekha Gupta
    CCS discusses global security situation, supply chain constraints
    US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high
    Gold rises Rs 1,000 to Rs 1.48 lakh/10g on fresh retail buying
    DFS Launches Protection & Indemnity Insurance Product under Bharat Maritime Insurance Pool (BMIP)
    Investec Selects Infosys Finacle SaaS Platform on Microsoft Azure for Digital Banking Transformation
    Kotak Securities Earns Great Place to Work® Certification and Recognition Among India's Best Workplaces™ in Investments 2026
    India rises from 82nd to 57th in global rankings, in structural and pro-competitive reforms: Report by Competere Foundation
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    July 31, 2026
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    Digital marketplace access for women's self-help group products expands e-commerce opportunities while panchayat-level citizen services are strengthened.
    Digital marketplace access for women's self-help group products is proposed through a memorandum of understanding between CSC eStore and the Jharkhand State Livelihood Promotion Society. Products marketed under the 'Palash' and 'Adiva' brands are intended to be offered through an e-commerce network to widen market access, support rural women's income and entrepreneurship, and strengthen the rural economy. Digital panchayat services are also being expanded through Common Service Centres, including banking, e-governance and Aadhaar-related services.
    July 31, 2026
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    Agricultural export facilitation expands market access for late-season mangoes through farmer aggregation and direct global market linkages.
    Agricultural export facilitation enabled an air shipment of late-season Neelam and Totapuri mangoes to an international market, expanding market access and extending the mango export season. Direct sourcing through a Farmer Producer Company supported organised aggregation, quality produce, and export-oriented supply chains. Direct procurement and export market linkages enabled participating farmers to realise higher returns than conventional market channels while promoting horticultural export diversification.
    July 31, 2026
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    Cross-border digital payment integration enables real-time Favara transfers from Maldives mobile banking applications to UPI-enabled accounts in India.
    Cross-border digital payment integration between Favara and UPI enables individuals in the Maldives to make real-time person-to-person transfers to UPI-enabled bank accounts in India through mobile banking applications. Transfers are initiated in Maldivian Rufiyaa and credited in Indian Rupees. The initial service is available through participating Maldivian banks. Permitted remittances include family-maintenance transfers under foreign inward and outward remittance categories, and gift-related transfers under foreign outward remittance. Future phases are intended to introduce QR-based merchant payments and other digital payment services.
    July 31, 2026
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    Procedural Fair Hearing in competition inquiries requires notice when the Commission departs from investigative findings before imposing action.
    Competition law procedure requires the Competition Commission to notify and hear an opposite party when departing from the Director General's findings. The penalty order concerning alleged abuse of dominance in viscose staple fibre supply was set aside because Grasim Industries was not given an opportunity to respond to the Commission's disagreement with the investigative findings. The matter was remanded for fresh, time-bound consideration without a finding on the merits.
    July 31, 2026
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    Manufacturing contraction highlights weak domestic demand, property-sector pressure and continued reliance on technology-related exports for economic growth.
    Manufacturing activity in China contracted in July, as the official purchasing managers' index fell below the expansion threshold and new orders and production declined. Weak domestic demand, lower building activity and possible typhoon-related disruptions contributed to the slowdown. Consumer spending, investment and property-sector weakness continue to affect confidence, while technology-related exports support growth. Policy commitments include strengthening domestic consumption amid continued reliance on exports.
    July 31, 2026
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    Public-private partnership airport development strengthens aviation, cargo logistics, export infrastructure and sustainable connectivity through an integrated international airport project.
    The Bhogapuram airport project is being implemented under a Public-Private Partnership through the Design, Build, Finance, Operate and Transfer framework. It has obtained required aerodrome, safety, fire and environmental clearances and includes infrastructure for domestic and international aviation, passenger processing and airport security. Cargo and cold-chain facilities are intended to support exports and logistics integration, while recycled-water use and LEED Platinum standards form part of the project's sustainability features.
    July 31, 2026
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    Rupee appreciation against the US dollar continued as foreign inflows and lower crude prices supported domestic currency markets.
    Rupee appreciation against the US dollar continued in early trading, supported by foreign capital inflows and lower global crude oil prices. A stronger US dollar constrained further appreciation, while expectations of continued Reserve Bank of India intervention were cited as supporting the rupee. Declining Brent crude prices, gains in domestic equity indices and net foreign institutional investment in equities were also identified as relevant market factors.
    July 31, 2026
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    Value-added Makhana exports expand international market access, support quality compliance, and improve farmer returns through processing and branding.
    Agricultural export facilitation supported the first sea shipment of value-added flavoured Makhana from Bihar to Canada. Processed and packaged to international quality and food-safety standards, the export demonstrates the role of processing, value addition and export-oriented manufacturing in expanding overseas market access. The initiative is stated to improve farmer returns through value addition, while capacity building, export infrastructure, quality compliance, market linkages and stakeholder collaboration support the agri-export ecosystem.
    July 30, 2026
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    Market access for Indian pharmaceuticals remains central to bilateral efforts to promote sustainable trade and economic cooperation.
    Enhanced market access for Indian products, particularly pharmaceuticals, was raised in discussions aimed at strengthening bilateral trade and economic ties. The discussions addressed sustainable trade, and the sides agreed to increase mutual cooperation and communication. India continues to seek greater access to China's information technology, pharmaceutical and agricultural sectors, while pursuing increased pharmaceutical exports and Chinese investment. Bilateral trade increased, but India's trade deficit widened, reflecting an ongoing imbalance in trade flows.
    July 30, 2026
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    Money laundering asset attachment targets overseas bank deposits linked to alleged loan fraud and fugitive economic offenders.
    Provisional attachment under the Prevention of Money Laundering Act was reported against Singapore bank deposits held by a company promoter and associated entities in an alleged loan-fraud and money-laundering investigation. The underlying case arises from allegations of fraud, criminal misappropriation, criminal breach of trust and cheating affecting a consortium of lending banks. Service of the attachment order was reported through mutual legal-assistance arrangements, and the promoters had reportedly been declared fugitive economic offenders.
    July 30, 2026
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    Deposit interest rate uniformity requires equal rates for similar deposits, while allowing risk-based differentiation for bulk deposits.
    Banks must apply uniform deposit interest rates across branches and customers for similar deposit amounts accepted on the same date, without discrimination. Rates payable, including for bulk deposits, must strictly follow schedules disclosed in advance on bank websites. Bulk deposit rates must be published each business day at 10:00 am, subject to a short permitted delay. Differentiated bulk-deposit rates may be offered based on applicable differential run-off rates under the Liquidity Coverage Ratio framework.
    July 30, 2026
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    Supply-chain continuity measures prioritise energy, fertiliser and seafarer protection amid conflict-driven disruptions across critical maritime transit routes.
    Supply-chain continuity and energy security measures were reviewed in response to geopolitical conflicts disrupting maritime transit routes and imports. Measures included diversification of LPG procurement, maintenance of petroleum stocks, expansion of PNG, gas-grid, LNG and city-gas infrastructure, and pipeline connectivity approvals. Fertiliser requirements and alternative procurement sources were considered to ensure uninterrupted supply. A unified monitoring mechanism and support arrangements for seafarers, including timely information, emergency assistance and counselling, were directed to protect citizens, economic interests and the Indian diaspora.
    July 30, 2026
    Show AI Summary
    Property digital identity framework proposed through comprehensive surveys, floor-level records, and unique cards to improve ownership verification.
    The proposed Delhi Land Records Bill, 2026 contemplates a digital land-records framework requiring scientific surveys of every property, comprehensive authenticated digital records and a unique Property Aadhaar Card. The proposed system would cover rural and urban residential, commercial and other properties, including floor-level records for buildings. It is intended to improve ownership verification, property transactions, inheritance, loan access, building-plan approvals and transparency in land records.
    July 30, 2026
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    Supply-chain resilience amid maritime conflict drives measures to protect energy imports, fertiliser supplies, seafarers and overseas citizens.
    Supply-chain continuity was reviewed in response to conflicts affecting maritime routes through the Strait of Hormuz, the Black Sea, the Red Sea and the Gulf of Aden. The concerns included disruptions to imports of petroleum, natural gas, fertilisers and other essential goods, risks to ships and seafarers, and the safety of Indian citizens in conflict areas. Measures were considered to maintain uninterrupted imports, protect economic interests and address constraints affecting critical energy and trade corridors.
    July 30, 2026
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    Economic growth and persistent inflation shaped slower output, import pressures, and continued interest-rate restraint despite resilient consumer spending.
    United States economic growth slowed in the second quarter as increased imports reduced gross domestic product growth, despite stronger consumer spending and business investment linked to artificial intelligence. The preferred inflation measure moderated but remained above the central bank's target, with core consumer prices showing limited change. The benchmark interest rate was retained for a fifth consecutive meeting, though some regional presidents supported an increase to address elevated inflation. Employment growth and consumer spending continued to support economic resilience amid high living costs and energy-price pressures.
    July 30, 2026
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    Gold market volatility reflects retail buying, global price trends, currency movements, and weaker domestic demand linked to higher customs duty.
    Gold prices rose on fresh buying by jewellers and retailers amid firm international trends, while silver prices declined. Improved domestic demand and a pullback in the US dollar supported gold, though a stronger rupee limited further gains. India's gold demand declined year-on-year during April-June, attributed to seasonally subdued sales, higher customs duty and an appeal to reduce purchases. Global gold demand remained broadly unchanged, while precious metals were expected to remain volatile and range-bound.
    July 30, 2026
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    Protection and indemnity insurance expands domestic maritime risk coverage for third-party liabilities and strengthens self-reliant insurance capacity.
    Bharat Maritime Insurance Pool has introduced a sovereign-backed Protection & Indemnity insurance product to cover third-party maritime liabilities, including crew and cargo claims, pollution liability and wreck removal. The product expands the pool beyond cargo and hull war-risk coverage and is supported by combined indemnity capacity and a port-correspondent network. The pool is intended to maintain uninterrupted maritime war-risk insurance, build domestic underwriting capacity, strengthen maritime risk management, reduce foreign-market dependence and promote self-reliance in specialised insurance solutions.
    July 30, 2026
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    Cloud-native digital banking transformation integrates lending, cash management and liquidity tools while supporting scalable, resilient and compliant operations.
    Digital banking transformation through a cloud-native software-as-a-service platform entails migration from legacy systems to integrated deposits, lending, virtual account management and liquidity-management capabilities. Real-time data, artificial intelligence foundations, open APIs and event-driven architecture are intended to support digital banking products, corporate cash management and operational agility. Liquidity tools are designed to provide visibility and control over cash positions and working capital. The implementation is intended to deliver scalability, resilience, security and high availability while assisting regulatory compliance; projected benefits remain subject to risks and uncertainties.
    July 30, 2026
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    Workplace culture recognition highlights continued investment in employee wellbeing, inclusion, learning, collaboration and growth at a stockbroking firm.
    Workplace culture recognition was awarded to Kotak Securities through Great Place to Work Certification for a second consecutive year and inclusion among India's Best Workplaces in Investments 2026. The recognition followed assessment of employee feedback, workplace practices and organisational culture, reflecting employee trust, engagement and belonging. The company states that it will continue initiatives supporting employee wellbeing, learning and development, inclusion, collaboration and growth.
    July 30, 2026
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    Pro-competitive reforms strengthen market conditions through competition policy, investment review, trade facilitation, and reduced international regulatory barriers.
    Structural and pro-competitive reforms between 2010 and 2023 are assessed as reducing market distortions and strengthening competitiveness. The assessment covers property-rights protection, domestic competition and international competition, including the Goods and Services Tax, Insolvency and Bankruptcy Code, regulatory improvements and trade-facilitation modernisation. Further priorities include evidence-based competition policy, consumer-welfare review of sector-specific investment restrictions, and cooperation to address international regulatory barriers.

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      Customs, DGFT & SEZ

      83rd Meeting of Network Planning Group (NPG) under PM GatiShakti evaluates 8 key Infrastructure projects - NPG assesses Rail and Road projects

      November 18, 2024

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      The 83rd meeting of the Network Planning Group (NPG), chaired by Additional Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), Sh. Rajeev Singh Thakur, convened today to evaluate significant infrastructure projects across India. Representatives from project proponents, Bhaskaracharya National Institute for Space Applications and Geoinformatics (BISAG-N), and nodal officers from respective States participated, focusing on enhancing multimodal connectivity and logistics efficiency in alignment with the PM GatiShakti National Master Plan (PMGS NMP).

      The NPG evaluated all eight projects based on the principles of PM GatiShakti: integrated development of multimodal infrastructure, last-mile connectivity to economic and social nodes, intermodal connectivity, and synchronised project implementation. These projects are anticipated to play pivotal roles in national development by boosting logistical efficiency, reducing travel times, and delivering substantial socio-economic benefits to the regions they serve.

      Upon completion, these projects are expected to significantly contribute to India's infrastructure landscape, ensuring that the advantages of seamless connectivity extend to every region. By strengthening multimodal transport systems and addressing critical infrastructure gaps, these initiatives align with the Government's vision for integrated and sustainable development. The evaluation and anticipated impacts of these projects are detailed below:

      A. Projects of the Ministry of Railways (MoR)

      1. Wardha - Balharshah 4th Line

      This 134.52 km Brownfield project addresses critical congestion on the Delhi-Chennai High-Density Corridor passing through Wardha and Chandrapur districts in Maharashtra. The region is home to key industrial hubs, including the Chandrapur Super Thermal Power Station and Ballarpur Paper Mills, and serves coal belts operated by Western Coalfields Limited (WCL) in Chandrapur.

      The proposed 4th line, parallel to the under-construction 3rd line, would help to alleviate over 152%-line utilisation, ensuring seamless freight movement for coal, steel, and cement industries. Enhanced connectivity with Nagpur and ports on the eastern and western coasts is expected to strengthen supply chains and contribute to economic development in the Vidarbha region.

      1. Itarsi - Nagpur Quadrupling

      This Brownfield project involves the construction of a 4th rail line along the 297.05 km Itarsi-Nagpur corridor, a key segment of the High-Density Network Route. Connecting Narmada Puram, Betul, and Nagpur districts, it is anticipated to serve industrial hubs like Multi-Model International Passenger and Cargo Hub Airport at Nagpur (MIHAN), power plants at Sarni and Koradi, and emerging clusters in Pithampur.

      With oversaturation of existing lines and growing freight demands, the project, as assessed, is likely to help alleviate congestion, reduce transit times, and enhance logistics efficiency. Featuring tunnels, wildlife crossings, and improved connectivity, it is expected to align with PM GatiShakti and contribute to regional economic growth.

      1. Gondia - Balharshah Doubling

      Spanning approximately 240 km through Gondia, Bhandara, Gadchiroli, and Chandrapur districts, this doubling project is anticipated to support freight movement for key industrial regions. The route links major iron-ore mines in Kelzar and coalfields in Chandrapur, enabling smoother transport to industries in the South Central and South Eastern Railway zones. It is also expected to benefit power plants like Koradi and industries in Nagpur’s MIHAN SEZ.

      The project is likely to reduce freight congestion on the existing line, which is currently operating at 125% utilisation, by offering an alternate, shorter route for North-South freight traffic. By enhancing logistical efficiency, it is expected to strengthen connections between industrial clusters and major ports, supporting regional and national economic integration.

      1. Aluabari - New Jalpaiguri Quadrupling

      This 56.60 km quadrupling project seeks to enhance rail connectivity in North Bengal and Bihar, linking New Jalpaiguri and Aluabari Road. The corridor is anticipated to support passenger and freight movement, critical for transporting agricultural produce, cement, and industrial goods. The alignment includes robust infrastructure, such as 8 major and 91 minor bridges, designed for efficient and reliable operations in challenging terrain.

      As a gateway to neighbouring countries like Nepal, Bhutan, and Bangladesh, the project is expected to reduce travel time, boost regional trade, and promote economic integration. By addressing the increasing demand for seamless transportation, it is likely to support socio-economic development in the Northeast and improve multimodal connectivity under the PM GatiShakti framework.

      1. Ballari - Chikjajur Doubling

      The 185 km doubling project aims to connect Ballari, Chitradurga, and Anantapur districts, facilitating the movement of iron ore, coal, cement, and food grains. It is expected to support industrial hubs like Jindal Steel, which is planning to expand production to 24 MTPA, while addressing freight demands linked to southern ports. The project is anticipated to alleviate line saturation, improving efficiency in freight movement and enhancing rail capacity.

      By connecting remote areas to national infrastructure, the project is likely to promote socio-economic growth and attract investments in Karnataka and Andhra Pradesh. It is also expected to create employment during construction and operation, lower transportation costs for industries, and strengthen integration within India’s multimodal logistics network.

      1. Hosur - Omalur Doubling

      This 147 km rail line doubling project aims to connect the agro-industrial region of Hosur with the commercial hub of Salem in Tamil Nadu. The route is expected to support critical sectors such as cement manufacturing, agro-processing, and automobile logistics, while maintaining strong linkages to Bangalore’s electronics and IT corridor.

      By enhancing multimodal connectivity, the project is likely to link industrial hubs like the Salem Steel Plant, TNPL, and surrounding SEZs with Bangalore and Salem airports. It is anticipated to address capacity constraints, improve freight efficiency, support tourism, and foster broader regional economic integration.

      1. Secunderabad - Wadi Quadrupling

      The 173.18 km project aims to construct 3rd and 4th lines between Secunderabad and Wadi, a critical freight and passenger corridor in South Central India. It is expected to serve industrial hubs such as Tandur (cement), Sedam, and Nagulapalli (steel), facilitating the movement of coal, cement, and food grains. With current utilisation exceeding 114%, the project is anticipated to alleviate congestion, enhance reliability, and support freight growth for industries across Telangana and Karnataka.

      By improving connectivity to major ports and urban centers, the quadrupling is likely to reduce transit delays and accommodate future traffic demands. By easing pressure on existing infrastructure, the project aligns with PM GatiShakti principles, potentially fostering regional economic growth, enhancing passenger convenience, and supporting socio-economic development.

      B. Ministry of Road Transport and Highways (MoRTH)

      1. Imphal - Kakching - Lamkhai Road on NH-137A

      This 44.517 km road improvement project aims to connect Imphal, the state capital, with Kakching, an emerging agricultural and trade hub. Strategically located within Manipur’s Indo-Myanmar corridor, the project is expected to enhance access to the Moreh border trade point and integrate with the Asian Highway Network.

      The upgraded NH-137A is anticipated to reduce travel time, support the movement of agricultural produce, and improve connectivity to Loktak Lake, a major tourist destination. By strengthening socio-economic linkages, the project is likely to boost small-scale industries, facilitate trade, and create opportunities for cross-border commerce.

      ***

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