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    Taxation laws (Amendment) Bill to attract more foreign capital, provide policy certainty introduced in LS
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August 4, 2026
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Tax policy certainty reforms propose easier fund management, data-centre access, electronics incentives and revised electronic-payment charging rules.
The proposed Bill seeks to simplify conditions for foreign investment funds using fund managers in India without being treated as carrying on business in India, while retaining safeguards against misuse and round-tripping. It proposes removal of approval requirements for foreign cloud companies using Indian data centres and permits leased operation of Indian data centres. It also extends tax support for foreign companies participating in electronics contract manufacturing and component warehousing, preserves tax-free dividends for REIT and InvIT investors in specified circumstances, and removes the prohibition on Merchant Discount Rate charges for notified electronic payment modes.
August 4, 2026
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Responsible precious-metals recycling supports recycled-gold products, organised buyback channels and a more self-reliant domestic supply chain.
Responsible precious-metals recycling is promoted through a commemorative recycled-gold coin intended to support domestic recycling, responsible sourcing and a self-reliant supply chain. The product is described as having certified purity authentication, tamper-proof packaging, a unique identification number and an assayer-certified minted card. The initiative seeks to reduce dependence on imported gold and expand organised, transparent recycling infrastructure. An organised silver buyback programme is also described as supporting secure consumer sales and a circular economy for precious metals.
August 4, 2026
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Broad-based growth strategy links tax reforms, trade resilience, industrial support and services development to medium-term economic expansion.
The growth strategy combines agricultural productivity, manufacturing, MSME support, infrastructure, logistics, ease of doing business, streamlined income-tax and GST reforms, innovation, digitalisation, human-capital development, energy security, public capital expenditure, foreign direct investment liberalisation, export promotion, fiscal prudence and price stability. Trade resilience is to be strengthened through expanded trade agreements, while manufacturing, services, agriculture and strategic sectors receive targeted policy support. The material also reports secured-asset enforcement cases and recoveries by banks under the SARFAESI framework during FY25.
August 4, 2026
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Co-operative bank governance and financial disclosure support digital transformation, risk management, priority-sector lending and sustainable member-focused growth.
Co-operative bank governance and financial disclosure were addressed at the annual general meeting, where the member-notice agenda was transacted and audited financial statements were presented. The bank reported growth in business, deposits and advances, together with net profit, asset quality, provisioning coverage and capital adequacy indicators. Its operational priorities include digital transformation, risk management, selective network expansion, customer service and operational discipline. Future priorities include retail and priority-sector lending, MSMEs, affordable housing and institutional deposits.
August 4, 2026
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Foreign-exchange market conditions weakened the rupee as oil prices, domestic equities and dollar strength shaped near-term currency expectations.
The rupee weakened against the US dollar amid elevated crude oil prices, weaker domestic equities and a stronger dollar index, while foreign fund inflows moderated the decline. Attention shifted to the central bank's monetary policy meeting, with continuation of the existing benchmark policy rate anticipated. Earlier measures encouraging overseas dollar deposits and facilitating foreign participation in government bonds were reported to support capital inflows and India's external position.
August 4, 2026
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MSME credit expansion combines SIDBI lending initiatives with guaranteed additional working-capital facilities for eligible borrowers.
MSME credit access is being expanded through SIDBI's branch network, direct lending, refinance support, co-lending arrangements, affordable credit for informal micro-entrepreneurs, and invoice-based digital credit for micro enterprises. Emergency Credit Line Guarantee Scheme 5.0 enables eligible MSMEs to obtain additional credit linked to peak fund-based working-capital outstanding, with full guarantee coverage for member lending institutions against defaults on the additional facility. The scheme also covers scheduled passenger airlines under distinct eligibility and guarantee parameters.
August 4, 2026
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Furniture and interiors sourcing platform connects Indian manufacturers with domestic and international trade buyers through direct procurement opportunities.
imm india 2026 is presented as a business-to-business sourcing platform linking Indian furniture, home de cor, rug, carpet, mattress and handicraft manufacturers with domestic and international trade buyers. It is intended to provide direct manufacturer access, design-led sourcing and project-scale procurement opportunities for architects, designers, retailers, hospitality professionals and real estate developers. The programme includes a hosted buyer initiative, industry conferences, knowledge sessions and awards addressing innovation, sustainability, craftsmanship and design.
August 4, 2026
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Financial literacy Olympiad builds students' practical understanding of mutual funds, financial planning, market concepts and responsible investment participation.
Financial literacy and investment awareness are promoted through a nationwide, multi-level educational competition for undergraduate and postgraduate students. Participants are assessed on mutual funds, investment fundamentals, financial planning, market concepts and long-term wealth creation, with exposure to market-linked products including ETFs, portfolio management services, alternative investment funds and specialised investment funds. The initiative combines academic institutions and financial-sector participants to improve practical investment knowledge, informed decision-making and responsible participation in investment markets.
August 4, 2026
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WTO dispute settlement challenges test India's safeguards, agricultural support, technology tariffs and production-linked incentives across pending proceedings.
Nine pending WTO disputes against India concern safeguard measures, sugar support and export schemes, information and communications technology tariffs, and technology-sector incentives. India contests the claims as consistent with its WTO rights and obligations. Appeals concerning iron and steel safeguards, sugar measures, and certain information and communications technology tariff reports remain pending, including because the WTO Appellate Body is non-functional. Other proceedings concern Chinese challenges to production-linked incentives, tariffs, and solar, automotive, renewable-energy and information-technology measures; one panel proceeding is ongoing and another panel has not been constituted.
August 4, 2026
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Digital business law and entrepreneurship education combine management, compliance and innovation training for technology-driven enterprise careers and ventures.
The MBA programme integrates management education, entrepreneurial capability, digital business law, and legal and policy awareness for technology-driven enterprise. It addresses compliance, digital platforms, data-driven decision-making, artificial intelligence, digital transactions, intellectual property, cross-border commerce and evolving regulatory frameworks. The programme is designed for prospective founders, start-up professionals, transforming family businesses and careers in consulting, strategy, business development, policy-oriented enterprises and digital commerce, with industry-relevant entrepreneurship education and digital-first learning.
August 4, 2026
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Savings account access expands through video KYC, mobile banking, no-minimum-balance options, monthly interest payments and deposit insurance coverage.
Savings accounts provide monthly interest payments, liquidity and access to funds, subject to eligibility, internal policies and applicable terms. Digital account opening through Video KYC is available for an account with no minimum balance requirement, supported by mobile banking for UPI transfers, bill payments and balance monitoring. Account variants include premium, value-oriented, agricultural, financial-inclusion, children's and basic no-frills accounts. Deposit insurance applies up to the prescribed limit per depositor per bank.
August 4, 2026
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Foreign-exchange market conditions supported a modest early rupee gain, while importer demand and policy data remained key factors.
Foreign-exchange market conditions supported a marginal early appreciation of the rupee against the US dollar, led by broad US-dollar weakness, improved risk sentiment, lower oil-price levels and foreign portfolio inflows. Importer demand for dollars moderated the movement. Market direction remained linked to the forthcoming monetary-policy decision and US economic data, while reported central-bank activity was described as helping smooth currency volatility. The US dollar index, crude-oil movements, global supply expectations and domestic equity-market activity were relevant exchange-rate influences.
August 4, 2026
Show AI Summary
Quality statistics drive statistical-system reform through administrative data, interoperable systems, stronger governance, and international cooperation for evidence-based policymaking.
Quality statistics are advanced through modernised national statistical systems, administrative data, digital public infrastructure, and stronger data-governance and privacy standards. Cooperation among national statistical offices is intended to address data gaps through knowledge sharing, methodological harmonisation and statistical innovation. Discussions also emphasised digital dissemination, transformational statistical reforms, and the use of administrative data for timely, cost-effective and granular official statistics, supported by harmonised metadata, interoperable systems and institutional collaboration.
August 4, 2026
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Digital statistical modernisation strengthens survey quality, macroeconomic indicators, international standards alignment and infrastructure performance monitoring through standardised data systems.
National statistical modernisation uses digital survey platforms with validation checks, AI-enabled support and multilingual interfaces, alongside short-duration surveys and administrative data to improve sampling and timely official statistics. Reforms include base revisions for Gross Domestic Product, Consumer Price Index and Index of Industrial Production; adoption of metadata, quality-assessment and classification standards; and alignment with international statistical principles and methodologies. Sustainable development indicators and infrastructure monitoring are supported through a national indicator framework, PAIMANA and a standardised performance dashboard.
August 3, 2026
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Windfall gains tax on petroleum exports increases to discourage exports and preserve domestic fuel availability during regional supply disruptions.
Special additional excise duty on exports of petrol, diesel and aviation turbine fuel has been increased for the relevant fortnightly period, while existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall gains tax is intended to preserve domestic availability of petroleum products during the West Asia crisis and prevent exporters from benefiting unduly from price differences linked to elevated global crude oil prices.
August 3, 2026
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Online Astrology Platform Regulation: consumer department reported no guidelines, while information requests required revised factual disclosures.
Online astrology platforms were reported as lacking specific regulatory guidelines within the consumer affairs department. The RTI application sought information on alleged unfair trade practices, investigations, complaints, licences, approvals, and applicable rules. The National Consumer Helpline stated that it had not investigated because it functions as a grievance-resolution platform. A revised factual response was required on investigations and complaint data, while queries concerning regulation, licences, approvals, and related investigations were to be transferred to the public authorities likely to hold that information.
August 3, 2026
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Business combination disclosure outlines shareholder approval, registration requirements, financing conditions, and forward-looking risks for the proposed public listing.
The proposed business combination would take Yellow.ai public through a definitive agreement with Bluerock Acquisition Corp., subject to customary closing conditions and shareholder approval. Bluerock intends to file a Form S-4 registration statement containing a proxy statement/prospectus for proxy solicitation and securities issuance in connection with the transaction. The communication is not an offer or solicitation and states that no securities offering may occur without compliance with applicable registration, qualification or exemption requirements. Transaction projections and anticipated benefits are forward-looking statements subject to material risks and uncertainties.
August 3, 2026
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Bilateral investment and trade facilitation drive proposed co-investment, digital cooperation and advanced manufacturing partnerships between Indian and Uzbek businesses.
India-Uzbekistan cooperation is proposed through co-investment, co-manufacturing and co-innovation, supported by the Bilateral Investment Treaty to promote investor confidence and reciprocal investment. Priority sectors include mining, textiles, healthcare, agriculture, food processing, digital technologies and advanced manufacturing. Trade facilitation measures include reducing trade barriers, mutual recognition of standards, approvals, testing and certification, customs digitalisation and improved trade routes. Regulators and standard-setting bodies are expected to cooperate under a structured, time-bound economic partnership.
August 3, 2026
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Concessional agricultural credit supports working capital, crop diversification, allied activities, and digital expansion under the Kisan Credit Card scheme.
The Kisan Credit Card-Modified Interest Subvention Scheme provides concessional institutional credit to reduce farmers' interest burdens and improve timely working-capital access. The scheme is reported to support cropping intensity, multi-season cultivation, diversified crop portfolios, timely input use, and credit discipline through the Prompt Repayment Incentive. It also supports dairy, livestock, and fisheries-based income diversification. Credit-delivery measures include collateral-free lending, digital platforms, simplified applications, coverage expansion, and awareness campaigns. State-wise data tracks operative accounts, outstanding credit, and non-performing Kisan Credit Card accounts.
August 3, 2026
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Banking inclusion expands rural access while digital credit systems and payment security controls address service delivery and cyber fraud.
Banking inclusion is pursued by providing banking outlets within a five-kilometre radius of inhabited villages, with branch expansion permitted subject to rural-coverage requirements and continuing assessment of uncovered areas. Agricultural credit delivery uses digital loan, beneficiary-verification, processing and claim-settlement systems. Digital payment security measures require minimum controls for payment channels and include fraud-intelligence sharing, artificial-intelligence-based identification of money-mule activity, digital lending-app analysis, cyber-incident reporting, public awareness campaigns and electronic-banking training.

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Customs, DGFT & SEZ

Bharat Mobility Global Expo 2025 witnesses an overwhelming response

January 20, 2025

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Over 90 launches done on the first two days at Bharat Mandapam

The second day of Bharat Mobility Global Expo 2025 witnessed the launch of 56 new products from 22 different brands at Bharat Mandapam, Pragati Maidan, New Delhi and 5 launches at Yashobhoomi, Dwarka. Various advanced vehicles, cutting-edge mobility solutions, and the latest components were showcased ranging from super bikes, cars, to buses and even ambulances.

On the second day at Bharat Mandapam, VinFast Auto India announced the launch of its first two electric vehicles for the Indian market, the all-electric Premium SUVs, the VF 7 and VF 6.

BMW India launched the all-new MINI Cooper S John Cooper Works Pack at an ex-showroom price of Rs. 55,90,000 and BMW X3 at an ex-showroom price of Rs. 75,80,000 – Rs. 77,80,000. Additionally, BMW Motorrad India launched two new bikes in the Indian market, the new BMW S 1000 RR and the BMW R 1300 GS Adventure. The S 1000 RR super sport bike will be available in India at an introductory ex-showroom price starting from Rs. 21,10,000. While the R 1300 GS Adventure (Base) introductory ex-showroom price will start from Rs. 22,95,000.

JSW MG Motor India showcased 9 advanced models, launching MG Majestor. The showcased products include Hybrid Electric Vehicles (HEVs), Plug-in Hybrid Electric Vehicles (PHEVs), Battery Electric Vehicles (BEVs), and Internal Combustion Engine (ICE). Highlights included the IM5 sedan, IM6 electric SUV, MG HS PHEV, and MG7 Trophy Edition, showcasing cutting-edge technology and sustainable mobility​.

Eka Mobility showcased India’s largest ever range of electric commercial vehicles, which includes over 11 distinct platforms spanning electric buses, trucks, and small commercial vehicles (SCVs). Launching the brand new EKA- Connect for the Indian market. Their bus portfolio included EKA COACH, EKA 12M, EKA 9M, EKA LF (Low Floor), and EKA 9M. Electric Trucks include EKA 55T and EKA 7T, while EKA 3.5T, 2.5T, 1.5T, EKA 3W CARGO, EKA 6S, and EKA 3S were unveiled under their SCV Range.

BYD India launched BYD SEALION 7 Pure Performance eSUV at the Bharat Mobility Global Expo 2025. Additionally, BYD India also showcased the BYD SEALION 6, BYD Super Plug-in Hybrid EV with DM-i technology, and the stunning Yangwang U8.

JBM Electric Vehicles launched 4 all-new electric buses on the second day of the Auto Expo 2025, ranging from luxury coach, and medical mobile unit to electric tarmac coach, among others. Highlights of the launch were Galaxy; electric luxury coach, Xpress; an intercity bus, e-MediLife; Low Floor Electric Medical Mobile Unit, and e-SkyLife; 9-meter electric tarmac coach.

Montra Electric (TI Clean Mobility) launched ‘EVIATOR’ (e SCV) and Super Cargo (e 3-Wheeler) in the presence of the entire leadership team of the brand.

Hyundai Motor Company launched 2 concept models of advanced electric three-wheeler and micro four-wheeler on the second day. Along with exploring contributions to the last-mile mobility market in India together with TVS Motor Company Ltd. (TVS Motor).

Pinnacle Industries launched its next-generation ambulance range at the Bharat Mobility Global Expo 2025. The new range includes three cutting-edge ambulance models: AD-Gen Ultra, AD-Gen Ambulance, and Neonatal Ambulance.

Numeros Motors today launched its multipurpose and reliable e-scooter ‘Diplos Max’ at an introductory ex-showroom price (Bangalore) of Rs. 1,09,999, including the PM e-drive scheme. Alongside, the company unveiled another unique platform which will be India’s first Bike-Scooter Crossover.

India’s first solar electric car ‘Eva’ was launched today by Vayve Mobility, at an introductory price of Rs 3.25 lakh (ex-showroom). The solar electric car will be available in three different options: 9 kilowatt-hour (Whr), 12 kWhr and 18 k Whr with prices ranging between Rs 3.25 lakh (ex-showroom) and Rs 5.99 lakh (ex-showroom).

SML Isuzu launched the Hiroi.EV while presenting 4 other products including AASAI MX, Premium Hiroi Bus, ATS-125 Multi stretcher ambulance, and the Samrat XT Plus Tipper.

Cummins Group in India (“Cummins”) announced the launch of its next-generation HELM™ (Higher Efficiency, Lower emissions, Multiple fuels) engine platforms, with the high-performance L10 engine, along with, an advanced Hydrogen Fuel Delivery System (FDS) with Type IV on-vehicle storage vessels and the innovative B6.7N natural gas engine.

Godawari Electric Motors Pvt. Ltd. unveiled new additions to its product portfolio at the Bharat Mobility Global Show 2025. The company unveiled the Eblu Feo Z, Eblu Feo DX, and launched the Eblu Rozee ECO. The Eblu Rozee ECO is priced at INR 2,95,999/- (ex-showroom). To improve customer convenience, the company also announced the release of the EbluCare app. An innovative smartphone app called EbluCare has been designed to managing electric vehicles (EVs) easier.

Sarla Aviation unveiled its first-ever product and India’s first flying taxi- Shunya on the second day.

Motovolt Mobility unveiled a range of electric vehicles. The lineup includes the Hyper One, India’s first digital pedal motorbike, and the HUM NYC, a multi-utility speed pedelec tailored for demanding last-mile delivery needs. The versatile M7 and its sporty variant, M7 Rally, cater to both logistics and personal commuting, while the innovative CLIP, a portable e-bike conversion kit, enables seamless e-mobility for existing bicycles.

Olectra Green Tech Limited unveiled a 12-meter Blade Battery Platform, a 9-meter City Bus, 12-meter Coach Bus, and Blade Battery Chassis. These products are underpinned by cutting-edge technology and inclusive design.

Omega Seiki Pvt. Ltd. launched the M1KA 1.0 electric truck, priced at INR 6,99,000, at the Bharat Mobility 2025 exhibition. The company also unveiled the upcoming M1KA 3.0 model and presented the upgraded 2025 Stream City, a next-generation electric passenger vehicle.

On the first day of ‘The Components Show’, the exhibitors launched over 5 products and unveiled over 7 automotive solutions.

Amongst the launches, ICON Autocraft Private Limited introduced three cutting-edge automotive solutions: Truck Master, an advanced wheel alignment system for trucks and buses; SX 119 Pro Duo LNL, the ultimate tyre changer; and Advanced Driver Assistance Systems (ADAS) for cars.

Supreme launched advanced automotive audio products, including the: Morel Supremo Special Edition, a flagship speaker system featuring underhung voice coils and copper sleeves to reduce harmonic distortion, Morel New Active DSP Integration Solution, a compact amplifier that ensures seamless integration with OEM systems and Onkyo Range of Wiring Accessories for high-fidelity audio setups.

ASK Automotive showcased a range of cutting-edge products and technological advancements, including the launch of the AISIN ASK Product Range. AISIN ASK India Private Limited, a joint venture of ASK Automotive Limited, introduced innovative passenger car products for the Independent Aftermarket sector, marking ASK Automotive's debut in the 4-wheeler passenger car market across India, Nepal, Sri Lanka, and Bangladesh.

ZF announced the India launch of its next-generation digital fleet management platform, SCALAR which offers cutting-edge features to optimise the operations of commercial fleets, enhancing efficiency, safety, and sustainability for both passenger and cargo transport. They also showcased their X-by-Wire for the first time in India, enabling greater vehicle customization and enhanced safety features.

Bharat Mobility Global Expo 2025 is set to be a landmark event uniting the entire Indian automotive and mobility ecosystem under one roof. Scheduled from January 17th to 22nd, 2025, across three premier venues—Bharat Mandapam in New Delhi, Yashobhoomi in Dwarka, and India Expo Mart in Greater Noida. The inauguration at Bharat Mandapam, New Delhi, was done by Hon’ble PM Shri Narendra Modi. The expo is spanning over 200,000 square meters, featuring 1,500+ exhibitors and attracting over 500,000 visitors. Organized by EEPC in collaboration with leading industry associations such as SIAM, ACMA, ICEMA, ATMA, IESA, NASSCOM, ISA, MRAI, and CII, the event brings together key players from sectors including automotive manufacturing, e-mobility, construction equipment, battery technology, urban mobility, and software innovation, offering a comprehensive showcase of India's mobility value chain. Distinguished by its nine concurrent shows, 20+ conferences, and exclusive pavilions on sustainability, decarbonization, and technology, Bharat Mobility highlights cutting-edge advancements while fostering collaborations. Visitors can register free of charge through dedicated mobile apps, making the event a must-attend for industry professionals and enthusiasts alike.

EEPC India, established in 1955, is the premier trade and investment promotion organization for the Indian engineering sector, sponsored by the Ministry of Commerce & Industry, Government of India. Over its 69-year history, EEPC has played a pivotal role in driving India’s engineering exports, growing from a modest $10 million in 1955 to USD 109.32 billion in FY 2023-24. It is recognized as a model Export Promotion Council (EPC) by the Union Ministry of Commerce and Industry. With a membership base of approximately 9,500, predominantly MSMEs, EEPC India facilitates global business integration through activities like Buyer-Seller Meets (BSMs), Reverse BSMs, and participation in international exhibitions. Flagship events such as the International Engineering Sourcing Show (IESS) and the Indian Engineering Exhibition (INDEE) showcase India’s engineering capabilities globally. Committed to advancing industry standards, EEPC India supports technology upgrades, engages with policymakers, and provides insights through reports and studies, including the Export Strategy Paper 2023, outlining a roadmap to achieve USD 300 billion in engineering exports by 2030.

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