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    SC gives Parsvnath Developers one week to deposit dues to homebuyers, warns next step is jail
    Rupee fell 14 paise to close 96.44 against US dollar
    SC to direct CBSE to implement Orissa HC verdict on APAAR consent forms across country
    APEDA Facilitates First Export of 24 MT Frozen French Fries from Uttarakhand to Iraq
    Fourth Edition of National Conference on Responsible Business Conduct (NCRBC) 2026 Concludes in New Delhi
    DRI seizes 15 kg methamphetamine, 4 kg pseudoephedrine, 85 lakh smuggled cigarettes, and 2 drone-dropped Pakistan-made pistols in nationwide operation...
    DRI intensifies crackdown on precious metals smuggling; seizes 15 kg smuggled gold, 20 kg silver and ₹2 crore cash in nationwide operations; 13 ...
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    Trump wants Iran added to Russia sanctions bill
    HDFC Bank profit rises 5 pc to Rs 19,060 cr in Q1
    Indian-origin woman sentenced to 2 years jail over Covid business loan fraud in UK
    Onion growers welcome agri market near Vadhvan port, urge govt to develop Nashik as export hub
    Vizhinjam port to begin full EXIM operations from Aug 18
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    US oil firms sign deals with Iraq to develop alternative shipping routes
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    Pending civil suits, arbitral claims stand abated after resolution plan approved under IBC: SC
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    July 20, 2026
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    Homebuyer order enforcement requires developer to deposit recoverable dues with interest, with imprisonment warned for continued non-compliance.
    Final homebuyer compensation and possession-related directions were enforced by requiring the developer and its officials to deposit the entire recoverable amount with annual interest in the court registry within one week. Existing asset freezes were to continue, and continued non-compliance could lead to imprisonment. The purchasers had obtained final regulatory compensation directions, but execution proceedings, notices and warrants had not resulted in payment or possession. Third-party rights and transfer of possession were restrained pending compliance.
    July 20, 2026
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    Foreign-exchange market pressure weakened the rupee as crude prices, geopolitical risk and dollar strength increased, with intervention offering support.
    Foreign-exchange market movement saw the rupee depreciate against the US dollar amid global risk aversion, higher crude oil prices, geopolitical tensions, and rising US Treasury yields. Reserve Bank of India intervention was identified as a potential support mechanism capable of limiting downside pressure. Higher dollar-index levels, domestic equity-market movements, foreign institutional equity outflows, and an increase in India's foreign-exchange reserves were also noted as relevant market conditions.
    July 20, 2026
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    Parental consent in APAAR enrolment requires a genuine opt-out option and compliance with personal data protection safeguards.
    APAAR consent procedures were questioned because a scheme described as voluntary may effectively require Aadhaar enrolment and condition educational access on an academic identifier. The Orissa High Court direction required the model consent form to give parents an express option to refuse consent or opt out before enrolment. Concerns included informed parental consent, withdrawal of consent, long-term storage of children's educational records and privacy protections. Educational circulars remain subject to the Digital Personal Data Protection Act, and any data-processing framework must comply with applicable consent requirements.
    July 20, 2026
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    Agricultural export facilitation supports frozen potato product market access through trade promotion and state logistics assistance for exporters.
    Agricultural export facilitation supported the first export of frozen French fries from Uttarakhand to Iraq, promoting value-added agricultural exports and processed food market access. APEDA assisted the exporter through international trade exhibitions for buyer engagement and market outreach. Logistics costs affecting landlocked-state exports are being addressed through work on a State Agri Export Policy, including transport assistance provisions to improve competitiveness, strengthen export infrastructure and support participation in export-oriented agricultural supply chains.
    July 20, 2026
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    Responsible business conduct requires credible ESG disclosures, sector-specific reporting, supply-chain due diligence and inclusive MSME participation for sustainable development.
    Responsible business conduct and ESG integration were presented as constitutional and legal obligations connected with environmental protection, social equity, human dignity and sustainable development. ESG was discussed as extending beyond compliance to support resilience, risk management and sustainable innovation. Key priorities included credible, comparable and reliable disclosures; sector-specific reporting responsive to materiality and data gaps; responsible value-chain due diligence; MSME capacity-building; technology-enabled traceability; credible assurance; and rigorous, comparable environmental metrics. Capacity-building, policy research and partnerships were identified as important to advancing inclusive ESG adoption.
    July 20, 2026
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    Intelligence-led anti-smuggling enforcement disrupts narcotics, illicit tobacco and cross-border arms trafficking through coordinated seizures and arrests.
    Intelligence-led operations addressed narcotics smuggling, illicit tobacco trade and cross-border arms trafficking. Methamphetamine allegedly smuggled from Myanmar and pseudoephedrine intended for illegal export were seized, with arrests made under the NDPS Act, 1985. An import container falsely declared as carrying plastic storage boxes contained smuggled foreign-made cigarettes. Drone-dropped parcels containing Pakistan-made pistols were recovered near the international border and handed to jurisdictional police for action under the Arms Act, 1959.
    July 20, 2026
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    Precious-metals smuggling enforcement targets concealed gold transport, illicit sale proceeds and airport insider facilitation networks.
    Organised precious-metals smuggling was targeted through intelligence-led operations involving seizures of foreign-origin gold, silver and cash believed to represent sale proceeds, with arrests of persons allegedly connected with possession, transport and facilitation of smuggled goods. The operations addressed concealment in luggage-frame rods, undergarments and specially fabricated vehicle cavities, and included alleged airport-staff assistance in clandestinely removing smuggled gold during passenger transit.
    July 20, 2026
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    India-EU economic cooperation advances through FTA implementation, investment facilitation, digital partnerships, manufacturing collaboration and market-access discussions across Europe.
    India advanced economic engagement with European partners through discussions on trade, investment, technology cooperation, manufacturing, digital infrastructure and market access. The engagements emphasised early signing and implementation of the India-EU Free Trade Agreement, investment protection, geographical indications, regulatory cooperation and professional mobility. Cooperation initiatives included digital payments interoperability, artificial intelligence, advanced manufacturing, clean energy, cybersecurity, fintech, telecom, research and supply-chain resilience. European businesses were encouraged to establish India as a manufacturing, innovation and export hub, including through opportunities for MSMEs, startups and future-oriented sectors.
    July 19, 2026
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    Russian oil purchase tariffs would target major buyers and sanctions-evasion facilitators, with specified energy, nuclear and cooperation exemptions.
    Proposed United States legislation on Russian sanctions would impose tariffs on imports from countries identified as major purchasers of Russian crude oil or natural gas or leading facilitators of Russian oil-sanctions evasion. It provides for periodic reassessment and tariff adjustment based on purchasing behaviour, while exempting specified reduced natural-gas imports, United States uranium purchases for nuclear and medical needs, and certain nuclear and space cooperation. The revised proposal also addresses sanctions-evasion fleets and Chinese support for Russia's defence industrial base.
    July 18, 2026
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    Corporate governance and asset quality improvements accompany stronger banking profitability amid continuing leadership reappointment considerations.
    Banking-sector performance reporting records higher profitability, improved asset quality and lower provisions for bad loans, although operating profit declined and capital adequacy moderated. Corporate governance developments include appointment of a part-time chairman following the former chairman's resignation and concerns about internal practices. The chairman's prior financial-services role was associated with actions against shell companies and ponzi schemes targeting black-money structures. Reappointment of the managing director and chief executive officer remains subject to committee consideration.
    July 18, 2026
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    Covid business loan fraud involved inflated turnover, duplicate applications, personal diversion, and criminal sentencing with recovery action.
    Covid business loan fraud involved false Bounce Back Loan applications based on inflated turnover, duplicate claims, and false declarations that funds would be used solely for business purposes. The loan proceeds were diverted to personal accounts for personal debts, personal finance, stocks and shares, and transfers between company accounts. The borrower pleaded guilty to fraud offences, received a custodial sentence, and faces recovery proceedings for the fraudulently obtained funds under the Proceeds of Crime Act 2002.
    July 18, 2026
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    Onion export infrastructure: growers seek a Nashik export hub, dedicated terminal and logistics link to global markets.
    Onion growers seek development of Nashik as a National Onion Export Hub linked to the proposed agricultural market near Vadhvan port. The proposed framework includes an onion export terminal, grading, sorting, packing, quality testing and customs-clearance facilities, and rail, container and cold-chain logistics. Additional requests include a stable national onion export policy, support for processing industries, direct farmer producer organisation participation in exports, an export promotion cell, and a training, research and export-guidance centre.
    July 18, 2026
    Show AI Summary
    EXIM operations at Vizhinjam will establish an international cargo gateway while retaining open-access common-user port services.
    Full export-import (EXIM) operations at Vizhinjam International Seaport are scheduled to commence from August 18, transitioning the port from a transshipment hub into an international cargo gateway. The launch is intended to reduce logistics costs, improve supply-chain efficiency, enhance export competitiveness, and support investment and employment. The port will continue as an open-access, common-user facility serving shipping companies on an equal basis.
    July 18, 2026
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    India-Finland technology cooperation expands across digital infrastructure, sustainable manufacturing, research partnerships, investment, and emerging industrial technologies.
    India-Finland cooperation was advanced through discussions on telecommunications, digital infrastructure, electronics manufacturing, research and development, innovation, clean technologies, advanced materials, and technology transfer. Further priorities included smart urban infrastructure, sustainable construction, advanced manufacturing, localisation, industrial machinery, clean industrial solutions, and investment. The engagements also explored EV charging infrastructure and reinforced business-to-business linkages for long-term cooperation in technology, sustainable manufacturing, research, and investment.
    July 18, 2026
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    Alternative oil export routes aim to reduce Iraq's reliance on the Strait of Hormuz through pipeline investment and regional transit.
    Alternative oil export routes from Iraq are being pursued through agreements to develop pipeline capacity that can reduce reliance on the Strait of Hormuz. Planned pipelines would support larger-scale exports through Syria and Turkey and strengthen energy-security options amid disrupted maritime shipments. Their timing and viability remain uncertain because cross-border construction requires substantial development and coordination. Existing overland shipments through Syria offer a temporary, but less efficient and more costly, route to European markets. Iraq has emphasised its preference for long-term investment partnerships over project-based contracting.
    July 17, 2026
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    Consolidated fraud investigation requires specialised inquiry where an investor complaint forms part of an alleged shell-company network.
    A fraud investigation concerning an alleged real-estate investment scheme was transferred to the Serious Fraud Investigation Office because the named company was stated to be part of a wider alleged shell-company network already under its examination. The FIR was not quashed, as the complainant's individual transaction had not been investigated. A single specialised inquiry was considered necessary to prevent fragmented or conflicting investigations into an allegedly indivisible fraud scheme.
    July 17, 2026
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    Foreign exchange market movement strengthens the rupee as equity gains and possible central-bank support offset oil-price pressure.
    Foreign exchange market movement saw the rupee appreciate against the US dollar, supported by positive domestic equity-market performance, lower US Treasury yields and reported possible central-bank intervention. Elevated West Asia tensions, higher global crude-oil prices and cautious foreign investment flows continued to pressure the currency. Market attention remained focused on global developments, crude-oil movements and foreign institutional investment activity, alongside an increase in foreign-exchange reserves.
    July 17, 2026
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    E-commerce export promotion supports Madhya Pradesh businesses through global marketplace access, exporter readiness, and a cross-border export roadmap.
    A memorandum of understanding supports Madhya Pradesh businesses, including MSMEs, entrepreneurs, direct-to-consumer brands, manufacturers, weavers, artisans and producers, in accessing international customers through the Amazon Global Selling programme. The collaboration will improve e-commerce export awareness, exporter readiness and knowledge sharing, while developing a state export roadmap with policy and infrastructure recommendations. It will also identify interventions relating to logistics, access to finance, payment reconciliation and regulatory enablers for cross-border exports.
    July 17, 2026
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    Russian oil purchase tariffs and tighter visa oversight reshape trade exposure and immigration compliance for foreign nationals.
    Proposed trade tariffs on purchases of Russian oil would target specified countries, including India and China, while exempting European purchasers of Russian gas. Separately, tighter United States visa regulations for international students, exchange visitors and journalists would end a long-standing arrangement allowing indefinite residence without government oversight. The reported changes may materially affect foreign nationals, including Indian nationals, through differentiated trade treatment and enhanced immigration compliance requirements.
    July 17, 2026
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    Clean slate doctrine extinguishes uncrystallised operational claims and pending proceedings once an approved insolvency resolution plan becomes binding.
    The clean slate doctrine under the Insolvency and Bankruptcy Code is described as abating or extinguishing pending civil suits and arbitration involving pre-insolvency operational claims that had not crystallised into determinable and quantifiable amounts before resolution-plan approval. Claims must be submitted to and determined by the resolution professional, and only crystallised claims incorporated in the approved plan remain payable under its prescribed treatment. Once final, the creditor list and approved plan bind all stakeholders.

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      Startup Policy Forum (SPF) Launches ‘Startup Baithak’ and ‘Startup Baatcheet’ To Celebrate National Startup Day 2025 With DPIIT and Startup India

      January 15, 2025

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      Delhi, India – Business Wire India • Startup Baithak and Startup Baatcheet, two flagship initiatives by SPF with the support of Startup India and DPIIT aim to bring together 100+ startup founders, startup leaders, government officials, and regulators under one roof.

      • Startup Baithak will feature 12 exclusive policy roundtables discussing key policy issues including Data Privacy, Reverse Flipping, AI Governance, Capital Market Regulations, and Fintech Regulations at the iconic G20 Summit Room - Bharat Mandapam, New Delhi.

      • Startup Baatcheet will bring together founders, investors, and policymakers for an informal evening to discuss the startup outlook for 2025.

      Startup Policy Forum (SPF), with the support of Department for Promotion of Industry and Internal Trade (DPIIT) and Startup India, are launching flagship initiatives - Startup Baithak & Startup Baatcheet, to commemorate National Startup Day 2025. The two-day event to be held at Bharat Mandapam is designed to spotlight the vibrancy and transformative potential of India’s startup ecosystem while discussing key policy issues including Data Privacy, Reverse Flipping, AI Governance, Capital Market, and Fintech Regulations.

      The event scheduled for January 15-16, 2025, aims to foster collaboration among stakeholders and shape the future trajectory of India’s innovation landscape. The Startup Baithak is a series of 12 exclusive, closed-door roundtables held over two days and will witness participation from startups including Swiggy, Zerodha, Razorpay, CRED, Pine Labs, Groww, OYO, Practo, Dream11, MPL, CarDekho, Acko, Ixigo, MobiKwik, One Card, ProgCap, Digantara, BharatPe, Physics Wallah and Jupiter, amongst others. These interactive sessions aim to bridge the vision of India’s next-generation nation builders with the mission of policymakers and regulators. Hosted at the iconic G20 Summit Room in Bharat Mandapam, the discussions will tackle pressing challenges, explore innovative solutions, and align strategies to propel the country’s startup ecosystem forward.

      Speaking on the occasion, Sh. Sanjiv, Joint Secretary, Startup India-DPIIT, shared, "India’s startup ecosystem is a driving force of innovation and economic growth, and the National Startup Day serves as a testament to the entrepreneurial spirit shaping our nation’s future. Through initiatives such as ‘Startup Baithak’ and ‘Startup Baatcheet,’ the hope is to enable meaningful dialogue between startups, policymakers, and investors, in order to ideate on solutions for today’s challenges. We appreciate the creation of this platform that aims to empower startups to thrive, scale globally, and contribute to India’s position as a global innovation hub." Shweta Rajpal Kohli, President and CEO, Startup Policy Forum (SPF) shared, “India’s startup ecosystem is not just thriving—it’s leading the charge in redefining global innovation. With Startup Baithak and Startup Baatcheet, we’re not just marking National Startup Day—we’re shaping the dialogue and vision for India’s startup ecosystem in 2025 and beyond. As we celebrate National Startup Day, we aim to inspire, connect, and empower the next generation of changemakers to make a lasting impact, furthering the vision of Hon’ble Prime Minister for the Indian Startup ecosystem.” Key leaders and themes during Baithak, include the following: 1. Amitabh Kant, G20 Sherpa: Empowering Bharat: Taking Indian Startups Global.

      2. Dr. Shamika Ravi, (Member, EAC-PM Economic Advisory Council to the Prime Minister): India’s New-Age Economic Priorities.

      3. S. Krishnan, Secretary, MEITY (Ministry of Electronics and Information Technology): Adoption of Technology & Innovations for Economic Transformation 4. Abhishek Singh, CEO, India AI Mission: The Role of Startups in India’s AI Mission.

      5. Sanjiv Singh- Joint Secretary DPIIT (Department for Promotion of Industry and Internal Trade): Shaping Policies to Support Startups 6. Mahaveer Singhvi, Joint Secretary, NEST Division, Ministry of External Affairs: Tech Diplomacy & Tech Governance to Reshape India’s Digital Economy.

      7. Anita Shah Akela, Joint Secretary, Corporate Affairs & IEPF (Investor Education and Protection Fund Authority): The Role of Startups in Investor Protection & Financial Literacy.

      8. Rajesh Bansal, CEO, RBIH (Reserve Bank Innovation Hub): Building a Resilient Financial Ecosystem through Collaboration & Innovation.

      9. Panneerselvam Madanagopal, CEO, MEITY Startup Hub: India’s Emergence as a Global Tech & Innovation Hub.

      10. Harsha Bhowmik, Director - Digital Economy and Fintech: India leading in Fintech Revolution 11. Dr. Dipesh Shah and Mr. Joseph Joshy, GIFT City: Internationalizing Indian Startups: Opportunities Through GIFT City.

      An Evening of Networking: Startup Baatcheet On the sidelines of Baithak, SPF will also host Startup Baatcheet—an informal networking evening on January 15, 2025. This will bring together founders, investors, startup ecosystem enablers, policymakers, and lawmakers for an informal evening to capture the startup outlook for 2025 and strengthen ties across the entrepreneurial ecosystem.

      About Startup Policy Forum Startup Policy Forum (SPF) is an industry alliance for India's new-age companies. SPF’s members include many of India’s most successful and valuable startups including Razorpay, CRED, Groww, Zerodha, Pine Labs, OYO, Acko, Swiggy, Dream11, Mobile Premier League (MPL), Livspace, Cars24, Cardekho, Mobikwik among others.

      SPF’s mission is to be a trusted partner to founders and policymakers. It engages in policy advocacy for new-age companies, promotes the Indian startup ecosystem on a global stage and brings together a curated community of leading startups and founders. The Forum provides a platform for networking, community engagement, and consensus building, enabling startups across diverse sectors to scale both domestically and overseas.

      to the needs of India’s new-age companies.

      About DPIIT The Department for Promotion of Industry and Internal Trade (DPIIT) is the nodal agency of the Ministry of Commerce and Industry. DPIIT is tasked with the development and execution of policies and strategies aimed at fostering the growth of the industrial sector. Its responsibilities are aligned with the nation's overarching priorities and socio-economic goals, ensuring that the industrial advancement it promotes is both sustainable and inclusive. Startup India is a flagship initiative of the Government of India, intended to catalyse startup culture and build a strong and inclusive ecosystem for innovation and entrepreneurship in India.

      To View the Image, Click on the Link Below: Startup Policy Forum (SPF) Launches ‘Startup Baithak’ and ‘Startup Baatcheet’ To Celebrate National Startup Day 2025 With DPIIT and Startup India (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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