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    India's exports surge 19.6 pc in Jul; trade deficit widens to six-month high
    CBI ARRESTS CGST SUPERINTENDENT IN BRIBERY CASE
    The cumulative exports (merchandise & services) during April-July 2026-27 is estimated at US$ 316.42 Billion, as compared to US$ 279.63 Billion in Apr...
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    Standard Chartered Accelerates India's GCC Growth with its Global Banking Expertise and 25 Years of GCC Experience
    IFSCA Grants Nexent Capital GIFT City Investment Banking License
    India's exports rise 19.63 pc to USD 44.24 bn in Jul; trade deficit widens to $31.98 bn
    Vizhinjam port to commence EXIM operations from Aug 18: Kerala CM Satheesan
    Ratul Puri: Beyond Low-Cost Power to Clean Energy Reliability
    PMS Bazaar Collaborates with NSDL Database Management Limited (NDML Accreditation Agency) to Expand Access to SEBI Accredited Investor Certification
    Compounded annual growth rate of Manufacturing GVA at constant prices (2022-23 base) as per revised series during 2022-23 to 2025-26 is 10.88%
    National Company Law Tribunal (NCLT) Launches e-Inspection and e-Certified Copy Services
    The Government of India to launch the Central Bank Digital Currency (CBDC)-based Direct Benefit Transfer (DBT) in the Union Territories of Chandigarh ...
    India and the Southern African Customs Union (SACU) sign Terms of Reference (ToR) for negotiations towards a Preferential Trade Agreement
    Airtel ends all prepaid mobile plans offering 1.5 GB data per day with unlimited calls
    ED arrests IBC resolution professional
    Mumbai cops bust fake documents racket; four arrested
    After nine years at helm, N Chandra to exit Tata Sons amid expansion, governance standoff
    RBI invites comments on the Draft “Reserve Bank of India (Interest Rates on Loans and Advances) Directions, 2026”
    Sensex falls 188 pts amid elevated crude oil prices; Tata Group stocks decline after N Chandra's exit
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    August 13, 2026
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    Bribery allegations in GST enforcement prompted arrest after alleged payment demand to avoid a tax-liability notice.
    Bribery allegations involving GST enforcement led to the arrest of a CGST Superintendent after a complaint alleged that payment was demanded from a private company to avoid issuance of a tax-liability demand notice and to close the matter. A trap operation resulted in the public servant being apprehended while allegedly accepting part of the demanded bribe, and the amount accepted was recovered. Searches were undertaken, and investigation remained ongoing.
    August 13, 2026
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    Trade performance shows rising merchandise and services exports, but faster import growth expands the overall trade deficit.
    India's combined merchandise and services exports and imports increased in July 2026 and April-July 2026-27, while the overall trade deficit widened. Cumulative exports were estimated at US$ 316.42 billion and imports at US$ 365.85 billion, resulting in a trade deficit of US$ 49.43 billion. Merchandise exports, non-petroleum exports, and exports excluding petroleum and gems and jewellery grew, led by petroleum products, electronic goods, engineering goods and chemicals. Services trade recorded a cumulative surplus of US$ 69.17 billion.
    August 13, 2026
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    Student GIC referral programmes integrate connectivity credits with funding verification and post-arrival banking arrangements for eligible international students.
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    August 13, 2026
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    Global Capability Centre banking support connects offshore and onshore operations to simplify financial management and enable cross-border expansion.
    Global Capability Centre banking support is positioned around connected offshore and onshore banking, international network access, digital banking platforms, and expertise in treasury centres, cross-border corporates, and evolving GCC operating models. The approach seeks to simplify financial operations and support GCC expansion across global markets. India's GCC ecosystem is characterised as a leading global capability hub, with capability centres evolving into strategic enterprise hubs requiring support for operational and financial complexities across markets.
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    Investment banking registration enables regulated cross-border offerings, listings, debt transactions and capital-market advisory through GIFT City.
    IFSCA registration under the IFSCA (Capital Market Intermediaries) Regulations, 2025 authorises Nexent Capital IFSC Private Limited to operate as an investment banker from GIFT City. Permitted activities include management of initial and follow-on public offerings, SPAC and secondary listings, depository receipt issuances, debt capital-market transactions, and other capital-market advisory mandates. The firm proposes to provide transaction structuring, listing-readiness, execution and post-listing capital-markets support for companies seeking capital raising and listing opportunities through GIFT City's exchanges.
    August 13, 2026
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    Merchandise export growth was driven by petroleum, electronics, engineering and marine goods, while rising imports widened the trade deficit.
    India's merchandise exports increased in July, while imports also rose and widened the trade deficit. Export growth was attributed to higher overseas shipments of petroleum products, electronics, engineering goods and marine goods. Exports and imports both recorded growth during the April-July fiscal period, and exports to West Asian countries increased in July.
    August 13, 2026
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    EXIM operations at international seaport to commence after customs clearance, bonded-area establishment, and temporary highway connectivity.
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    Renewable energy reliability requires storage, grid readiness and ancillary service markets alongside competitive clean-power procurement.
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    Accredited Investor certification facilitates eligible investors' access to alternative investment products, lower thresholds and applicable regulatory flexibilities.
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    Electronic inspection and certified copies expand digital access to judicial records while supporting efficient case management and reduced delays.
    NCLT has launched e-Inspection and e-Certified Copy Services for faster and more convenient access to judicial records and certified copies by advocates, litigants and other stakeholders. The services support a technology-enabled Registry framework and transparent, efficient justice delivery. Pendency monitoring, workload redistribution, Special Benches, maximisation of court time, and registration and listing guidelines are intended to improve case management, optimise limited judicial resources and reduce avoidable delays.
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    Identity document forgery allegations prompt investigation into fraudulent Aadhaar updates and falsified government and educational certificates.
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    Holding-company governance succession follows leadership departure, requiring transition planning amid unresolved strategy, capital allocation, board representation and listing questions.
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    August 12, 2026
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    Elevated crude oil prices and Tata leadership transition drove broad equity market selling amid inflation concerns.
    Indian equity markets declined amid elevated crude oil prices, inflation concerns and broad risk-off selling. Tata Group shares, particularly TCS, came under pressure after N. Chandrasekaran announced that he would not seek reappointment as Tata Sons Chairman when his current term ends. Crude oil prices approaching the USD 90-per-barrel level affected investor confidence because of potential inflationary effects, while uncertainty over United States-Iran negotiations and Strait of Hormuz shipping disruptions added to global energy market concerns.

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      The ‘Made in India’ first-ever BMW X1 Long Wheelbase All Electric debuts in India.

      January 17, 2025

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      Mr. Vikram Pawah, President and CEO, BMW Group India with the First-Ever BMW X1 Long Wheelbase All Electric.

      New Delhi, 17th Jaunary, 2025: • Long-Wheelbase: Biggest car in its segment with the most spacious second seat row.

      • Versatile SUV with dominant design and class-leading technology.

      • First-ever electric BMW to be locally produced in India.

      • Hallmark BMW performance, with a range of up to 531 kms.

      • Introducing Smart eRouting and Charging Concierge for customers to conveniently plan EV journeys.

      BMW India launched the first-ever BMW X1 Long Wheelbase All Electric at the Auto Expo 2025. The car can be booked at BMW dealerships across India from today onwards.

      The BMW X1 Long Wheelbase All Electric becomes the first electric vehicle by BMW to be ‘Made in India’. Locally produced at BMW Group Plant Chennai, the BMW X1 Long Wheelbase All Electric is available exclusively in the eDrive20L drivetrain.

      Mr. Vikram Pawah, President and CEO, BMW Group India said, “Today, BMW has pioneered a disruption in the Indian premium automotive segment by launching the first-ever X1 Long Wheelbase All Electric. It’s Big, it’s an SUV, it’s an EV and it’s a BMW! The X1 Long Wheelbase is here to dominate every day, your way. A premium offering that offers practicality and sustainability, all in one package, making it the obvious choice as your first BMW. Exuding space, comfort and versatility, it is the perfect premium SUV for rising aspirations of new Bharat. As the first ‘Made in India’ EV from BMW, the X1 Long Wheelbase beckons a new era of innovation and excellence.

      Mr. Pawah further added, “The first-ever X1 Long Wheelbase is ideal for individuals with modern lifestyle who stay ahead of the curve and do not compromise. BMW India is set to exceed your experience by offering a comprehensive solution complimented by smart financial plans, a widespread EV ecosystem with new services like Destination Charging, Smart eRouting, Charging Concierge and much more. With so much substance packed into it, the X1 Long Wheelbase is ‘The One’ aspirational SUV.” The introductory ex-showroom price of the first-ever BMW X1 Long Wheelbase All Electric eDrive20L M Sport is INR 49,00,000.

      Price prevailing at the time of invoicing will be applicable. Ex-showroom prices inclusive of GST (incl. compensation cess) as applicable but exclude Road Tax, Tax Collected at Source (TCS), RTO statutory taxes/fees, other local tax cess levies and insurance. Price / options are subject to change without prior notice. For further information, contact an authorised BMW dealer.

      The first-ever BMW X1 Long Wheelbase All Electric is available in Mineral White, Carbon Black, Portimao Blue, Sparkling Copper Grey & Skyscraper Grey metallic paintworks. All Paint options are available with the vegan upholstery Veganza Perforated in Mocha.

      Thanks to BMW India Financial Services, customers can experience unparalleled convenience and savings with BMW SMART Finance. Under the plan, customers can avail an affordable monthly installment with flexible payment solutions, that are designed to suit individual requirements. Discover the joy of owning the BMW X1 Long Wheelbase All Electric through BMW Financial Services at just INR 38,422* per month with an assured buyback at the end of tenure to ensure complete peace of mind for the customer.

      *The tenure considered is 4 years with 8,000 km per year mileage.

      A complimentary 5-year BMW Roadside Assistance is available round the clock and ensures that customers are well taken care of in emergencies. Features like portable High Voltage Battery Chargers and Puncture Repair Kit are also available for owners of BMW X1 Long Wheelbase All Electric as part of Road Side Assistance. With the industry-first Charging Concierge, customers can access on-call assistance in seamlessly planning longer journeys through route recommendation based on active chargers. The Charging Concierge allows them to activate these chargers by prepaying for the usage using a unified payment gateway, without the hassle of downloading multiple apps.

      The car comes with standard two-year warranty for unlimited kilometers. Extended warranty benefits are available from third year of operation to maximum sixth year without any mileage limitation. The warranty can further be extended to 10 yrs / 200,000 kms. The high-voltage battery in BMW X1 Long Wheelbase All Electric is covered by a warranty valid for eight years or up to 160,000 kms.

      Service Inclusive and Service Inclusive Plus further reduce cost of ownership and offer great peace of mind. Customers can choose from a variety of service plans according to duration and mileage. The packages cover Condition Based Service (CBS) and maintenance work with plans Starting from 4 yrs / 200,000 kms, package extension available up to 10 yrs / 2,00,000 kms.

      The First-Ever BMW X1 Long Wheelbase All Electric With its significantly sharper design and increased interior space, the first-ever BMW X1 Long Wheelbase All Electric represents an immediately recognisable leap forward. The surface treatment, lines and classy exterior design details signal the SUV identity of the BMW X1 Long Wheelbase All Electric. Length: 4,616 mm and wheelbase: 2,800 mm make the BMW X1 Long Wheelbase All Electric not just the biggest car in its segment, but also one of the longest 5-seater SUVs offered in India. With its increased dimensions, the BMW X1 Long Wheelbase All Electric has a decidedly powerful and confident appearance. The modern design and bold, dominant stance highlight the SUV character. The upright front is striking thanks to a signature BMW kidney grille and segment leading Adaptive LED headlights that extend well into the sides. The Fully Adaptive LED Headlights offer fantastic throw for night-time driving as well as cornering function to take on winding roads with utmost confidence. The intelligent BMW High Beam Assistant takes care not to blind oncoming traffic during night-time driving. The side sketch is equally dynamic with crisply sculpted surfaces generating an expressive interplay of light and shadow. The long roof line with Aluminium Satinated roof rails, square wheel arch contours, and 18-inch M light alloy wheels enhance the overall look. The rear design exudes power and solidity with a large-surface diffuser and sculpted LED lights.

      In the interior, a large and open feeling of space meets modern design, superior craftsmanship and innovative functionality. The car, with its increased wheelbase, makes for the most spacious rear cabin in the segment. The first-ever BMW X1 Long Wheelbase All Electric brings advances for the interior including extra space for those onboard with enhanced practicality. The Widescreen Curved Display – with its seamless glass surface angled towards the driver – brings a high-class, modern highlight to the cabin. The clean and structured dashboard with ‘Aluminium Mesheffect’ trim comes together beautifully with the Luxury Instrument Panel. Beige headliner creates the perfect two-tone feeling inside the cockpit to elevate aesthetics. M Sport steering wheel and the blue ring finisher logo incite sportiness from the start. The premium feel is enhanced by decorative strips including ambient lighting in the instrument panel and front doors as well as satin finish on door handles. The floating armrest with storage also ergonomically integrates the control cluster. Harman Kardon Sound system with 12 loudspeakers and 205W output delivers a concert like experience.

      The BMW X1 Long Wheelbase All Electric offers a high degree of individual comfort with multi-way electrically adjustable Sport Seats for both driver and front passenger, offering a commanding seating position. The rear cabin offers expansive legroom and utmost seating comfort with perfectly contoured rear seats having extended cushioning and bolstering to make sure occupants feel comfortable during long drives. The rear seats provide perfect seating position to take on the road, with reclining function up to a maximum angle of 28.5 degrees offering superior ergonomics and comfort. Covering an area of 9 square feet, the first-ever BMW X1 Long Wheelbase All Electric features the largest Panorama sunroof in the segment, which fills up the cabin with a sense of space and natural light flow.

      Fifth generation BMW eDrive technology features a highly integrated drive unit within a single housing. It is powered by an electric motor on front axle, with single-speed transmission. It produces an output of 204 hp and a maximum torque of 250 Nm. Instant acceleration coupled with great driving dynamics gives a sense of Sheer Driving Pleasure in a BMW. Flooring the throttle pedal will result in a thrilling sensation of being teleported off the starting line as the driver is pushed back into the seat. The compact high-voltage lithium-ion battery integrated in the floor has a gross capacity of 66.4 kWh providing an attractive MIDC driving range of 531 kms. The adaptive recuperation and one-pedal driving enhance the driving convenience and recover kinetic energy and feed it into the high-voltage battery, resulting in even higher efficiency.

      The car is capable of fast and hassle-free charging. Charging time is: • 130 kW DC Charger: 10%-80% in 29 min (120 kms added range in 10 min) • 11 kW AC Charger: 0%-100% in about 6 hr 30 min The BMW X1 Long Wheelbase All Electric comes with a complimentary BMW Wallbox charger with installation which enables safe and convenient charging up to 11kW. BMW Group India has one of the best charging networks in luxury segment with fast chargers at BMW dealer network in 35 cities. BMW dealer network across India welcomes owners of electric vehicles for fast and convenient charging at nominal rates.

      The first-ever BMW X1 Long Wheelbase All Electric comes with the latest version of BMW iDrive to provide intuitive, easy access through voice and touch control. It is based on the latest BMW Operating System 9, which also paves the way for a customisable selection of additional digital services. The QuickSelect feature allows functions to be activated directly without having to enter a submenu.

      Customers can keep their vehicles up to date through the newly launched BMW OneShop. Multiple upgrades are available for customers such as BMW Digital Premium package. With additional digital features and services such as Enhanced BMW Maps functions like navigation and traffic visualizations and proactive trip suggestions, Welcome light animation, Smart Window Opener and My Modes like Digital Art, Expressive, Relax, the Digital Premium Package elevates customers’ digital ownership experience. Thanks to the BMW Remote Software Upgrades, the vehicle receives functional extensions and improvements via over-the-air updates.

      With the introduction of Smart eRouting, customers will be able to plan their next trip seamlessly and efficiently. The Smart eRouting feature is available in-car and also MyBMW App. Recommended charging stops are optimized based on traffic conditions and the battery’s state of charge, ensuring you get to your destination in the fastest way possible. Users can access more than 5,000 convenient charging points with BMW India’s strategic partnership with some of the largest public charging networks in the country. Customers will be able to rely on fast-charging capabilities with live charger status, set charging partner preferences, filter chargers basis capacity and more.

      MyBMW App functions remotely to keep an eye on the vehicle status at all times. BMW Digital Key Plus with Comfort Access sets a new convenience standard by turning the smartphone or smartwatch into a vehicle key, in addition to the NFC card provided. Working on ultrawideband technology, the user’s smartphone / smartwatch is transformed into a vehicle key which can be used to lock / unlock and even start and drive the car. Customers can share the digital key with up to 4 users. The new Comfort Access 2.0 features a segment first ability of unlocking the vehicle without having to tap the phone / smartwatch on the door handle. A stylish welcome scenario commences with orchestrated lighting effect.

      The driver enjoys effective assistance in parking maneuvers that increase comfort and safety. Standard functions include Parking Assistant via Active Park Distance Control sensors at front and rear, and Rear View Camera. The segment-first Reversing Assistant remembers the last 50 meters covered and automatically reverses the car along exactly the same route.

      BMW Safety technologies include extensive Driver Assistance Systems with Lane Departure Warning, Blind Spot Assistant, Cruise Control with Braking Function, Automatic Emergency Braking, Pedestrian Protection and Attentiveness Assistant. Other standard safety features are eight airbags, Anti-lock Braking System (ABS) with Brake Assist, Dynamic Stability Control (DSC) including Dynamic Traction Control (DTC), Cornering Brake Control (CBC), electric parking brake with auto hold, side-impact protection, electronic vehicle immobilizer and crash sensors, Tubeless Tyres with Tyre Pressure Indicator, ISOFIX child seat mounting, integrated tyre repair kit and acoustic protection for pedestrians.

      BMW Efficient Dynamics includes features such as ECO PRO mode, Brake-Energy Regeneration, Electronic Power Steering, Driving Experience Control switch and My Modes in Driving Experience Control, 50:50 Weight Distribution and many other innovative technologies.

      If you have any queries, please contact: BMW Group India Abhay Dange, Director, Press and Corporate Affairs Cell: +91 9910481013; Tel: + 91 124 4566600; Email: [email protected] Rohneet Naik, Product and Technology Communication, Press and Corporate Affairs Cell: +91 9899965668; Tel: + 91 124 4566 655; Email: [email protected] Internet: www.bmw.in Facebook: https://www.facebook.com/bmwindia Twitter: https://twitter.com/bmwindia YouTube: https://www.youtube.com/user/bmwindia Instagram: https://www.instagram.com/bmwindia_official (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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