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    Union Minister of Commerce and Industry Shri Piyush Goyal Calls for Fair Trading Practices and Taking ‘Make in India’ from Local to Global
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    National Accreditation Board for Testing and Calibration Laboratories Launches India’s First Accreditation Scheme for Mobile Food Testing Laboratori...
    Commerce and Industry Minister Shri Piyush Goyal awards top buyers and sellers on GEM platform at the 10th Anniversary celebrations of GEM
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    August 12, 2026
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    Corporate closure data highlights worker-claim treatment through insolvency adjudication and liquidation priority, while affected-worker information remains unmaintained.
    Corporate closure data recorded 36,211 private companies in Maharashtra as liquidated, dissolved or struck off during the preceding five financial years. Central information is not maintained on workers affected by closures or special rehabilitation packages. In corporate insolvency resolution, employee and worker claims are adjudicated under orders of the adjudicating authority. In winding-up or liquidation, the liquidator deals with pending wages and other admissible statutory dues, subject to available funds and the statutory order of priority.
    August 12, 2026
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    Compressed biogas development converts organic waste into cleaner fuel, rural income and reduced dependence on imported fossil fuels.
    CBG development is presented as a route for converting agricultural and organic waste into biomethane, bio-fertiliser and briquettes while reducing fossil-fuel imports, crop-residue burning and waste-management burdens. NexGen Energia's asset-light land-partner model uses landowner-provided sites while the company designs, installs and operates plants, including gas upgrading and offtake logistics. Anaerobic digestion and alternative gas-purification technologies support use of agricultural residue, food waste, manure and distillery effluent. Expansion is linked to the GOBARdhan National Circular Bioenergy Scheme, despite capital, feedstock-aggregation and commissioning constraints.
    August 12, 2026
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    Bilateral trade cooperation advances through investment focal points, services and health working groups, and planned preferential trade agreement negotiations.
    India-Namibia economic cooperation is being progressed through agreed follow-up mechanisms focused on value addition, investment facilitation and sectoral collaboration. Investment focal points have been designated, and a Services Working Group is to prepare a work plan for the Joint Trade Committee. Priority areas include health and pharmaceuticals, critical-mineral processing, gems and jewellery, digital payments, FinTech, railways, renewable energy and green hydrogen. Terms of Reference for the India-SACU preferential trade agreement were finalised, with negotiations to begin after signature and conclude within one year.
    August 12, 2026
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    AI governance in banking requires explainability, board accountability, rigorous testing, vendor controls and meaningful human oversight for customer-facing decisions.
    AI adoption in banking should be governed through a principles-based and proportionate framework that aligns innovation with financial stability, customer protection and accountability. Banks should maintain inventories of AI systems, adopt board-approved governance policies, ensure explainability for material lending and fraud decisions, conduct periodic red-teaming and stress testing, and preserve meaningful human oversight. Key risks include opacity, bias, vendor concentration, third-party dependence, data misuse, cyber vulnerability and loss of institutional accountability. Vendor arrangements require audit and explanation rights and credible exit plans.
    August 11, 2026
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    Land acquisition funding and regulatory approvals advance satellite-city development, tax relief, identity enrolment, employment verification, and jail reform.
    Assam Cabinet approvals include first-phase funding for land acquisition and development of the Aerotropolis Satellite City Project and a lease deed for a hotel supporting the Jagiroad semiconductor ecosystem. Measures also provide Aadhaar enrolment relaxation for Moran and Matak communities, zero agricultural tax up to the prescribed net-income threshold, OBC Non-Creamy Layer certificates, and trainee and graduate-assistance funding. Government jobs will be provisionally held pending police verification, with automatic confirmation where no report is submitted within six months. Jail rules will be amended to promote non-discrimination, sanitation, security and fair work allocation.
    August 11, 2026
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    Money-laundering investigation into alleged liquor-sale proceeds led to arrest and custodial questioning amid contested political allegations.
    Money-laundering investigation concerning an alleged liquor scam led to the Enforcement Directorate's arrest of Ramgopal Agrawal and seven days' custodial remand under the Prevention of Money Laundering Act. The agency alleged his connection with proceeds of crime, non-attendance despite multiple summonses, and evasiveness during questioning. Allegations concern purported control of the state excise department, illegal liquor sales, and sharing of commissions. The Congress has denied the allegations and described the investigation as politically motivated.
    August 11, 2026
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    GST inquiry closure bribery allegations prompted anti-corruption proceedings against a Sales Tax officer under corruption law.
    Alleged bribery in GST inquiry closure led to the arrest of a Sales Tax Assistant Commissioner after a scrap trader complained of a demand for illegal gratification to close an inquiry initiated through a GST show-cause notice. Anti-corruption officials reportedly verified the allegation through intermediaries, during which the officer allegedly agreed to accept payment for closing the matter. A criminal case was registered under the Prevention of Corruption Act, with further investigation ongoing.
    August 11, 2026
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    Direct tax collection growth reflected stronger non-corporate taxes and securities transaction tax receipts alongside slower refund issuances.
    Net direct tax collections increased by 23 per cent to over Rs 8.11 lakh crore through August 10, driven by higher non-corporate tax collections and slower refund growth. Gross direct tax collections grew by 19.75 per cent to about Rs 9.55 lakh crore. Net corporate tax collections rose about 20 per cent, net non-corporate tax collections rose 23 per cent, and Securities Transaction Tax collections increased 51 per cent. Refund issuances grew by 3.8 per cent year-on-year.
    August 11, 2026
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    Vicarious liability in cheque dishonour cases cannot attach to trust associates without statutory status or transaction-specific involvement.
    Vicarious criminal liability for cheque dishonour under section 141 of the Negotiable Instruments Act does not extend to a trust, because a trust is not a juristic person. A person cannot be summoned merely for alleged active involvement in a trust where the person was neither drawer nor signatory of the cheques, trustee, office-bearer, authorised account operator, guarantor, or executor of transaction documents.
    August 11, 2026
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    Cross-border payment integration through CBDCs and fast payment systems remains under BRICS discussion to reduce transfer costs.
    Cross-border payment integration is under discussion through potential linkages between central bank digital currencies and fast payment systems, including UPI-type platforms. These approaches seek faster and less costly trade and remittance transfers, particularly retail payments, but remain at a discussion stage. Rupee internationalisation is also being pursued through central-bank memorandums of understanding for bilateral trade settlement in local currencies, with existing arrangements covering Indonesia, Maldives, Mauritius and the UAE.
    August 11, 2026
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    Integrated infrastructure planning under PM GatiShakti coordinates project evaluation, multimodal connectivity, geospatial data use, and decentralized implementation.
    PM GatiShakti National Master Plan provides an integrated, data-driven infrastructure planning framework using geospatial data, satellite imagery and API integration. Project approval, implementation and funding remain with the respective Central Ministries, Departments and States or Union Territories under their own plans and budgetary provisions; the framework sets no separate budgetary allocation or quantified targets. The Network Planning Group evaluates critical Central Government projects at the planning stage for multimodality, synchronisation, last-mile connectivity, comprehensive local development and coordinated decision-making.
    August 11, 2026
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    MSME procurement through GeM has expanded alongside analytics-driven controls against suspicious bidding, collusion, and vendor misconduct.
    GeM uses AI/ML analytics to detect order splitting, suspicious bidding, abnormal pricing, repeated participation and potential buyer-seller collusion. Flagged cases are placed before buyer organisations for review and action, while suspected cartels are assessed through digital-footprint, pricing and bid-timing indicators. Its Incident Management framework addresses false documents, fraud, collusive behaviour and other misconduct through administrative measures, including suspension. Anti-competitive conduct and cartel formation are Severe/Grave deviations, with proven cases attracting suspension for up to 365 days.
    August 11, 2026
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    Direct tax collections show stronger corporate, non-corporate and securities transaction tax receipts, alongside increased refunds during the fiscal period.
    Net direct tax collections grew by 23.09 per cent to over Rs 8.11 lakh crore up to August 10 of the current fiscal year, while gross direct tax collections increased by 19.75 per cent to about Rs 9.55 lakh crore. Corporate tax, non-corporate tax including personal income tax, and Securities Transaction Tax receipts recorded growth. Refunds issued between April 1 and August 10 also rose over the corresponding earlier period. Direct tax collections are budgeted at Rs 26.97 lakh crore for the fiscal year.
    August 11, 2026
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    Mobile food testing laboratory accreditation expands quality-assured testing access and supports coordinated food-safety surveillance and regulatory efficiency.
    NABL has launched an Accreditation Scheme for Mobile Food Testing Laboratories under the Integrated Assessment Programme. The framework enables mobile laboratories to provide reliable, quality-assured and internationally benchmarked food-testing services closer to communities, extending accredited testing beyond conventional laboratory settings. It is intended to strengthen food-safety surveillance, improve access to quality testing, support faster regulatory intervention and enhance consumer confidence. Coordinated assessments, regulatory harmonisation and mutual recognition are also intended to reduce duplication and improve regulatory efficiency while maintaining quality and compliance standards.
    August 11, 2026
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    Digital public procurement will expand AI-led price intelligence, marketplace integrity, inclusive access, credit linkages and sustainable purchasing.
    Government e-Marketplace is advancing an AI-enabled public procurement ecosystem focused on efficiency, transparency, competition, price intelligence and marketplace integrity. Priorities include last-mile access through Suvidha Kendras, integration of public entities, credit linkages, sustainable procurement and university outreach. A nationwide five-digit Helpdesk short code, 14550, mapped to existing infrastructure, is intended to maintain service continuity and improve access to support and official communications. The platform seeks to provide enterprises with a more accessible and predictable procurement market and buyers with a data-driven procurement experience.
    August 11, 2026
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    Expedited flood insurance claims require insurers and partners to simplify documentation and provide immediate service to affected policyholders.
    Expedited insurance-claim handling for flood-affected policyholders in Assam is being pursued through simplified documentation, prompt settlement and immediate service response. PolicyBazaar is coordinating with insurer partners to reduce processing delays. The Insurance Regulatory and Development Authority of India has directed insurers, including life insurers and standalone health insurers, to mobilise resources for immediate assistance, alongside governmental efforts for expeditious and hassle-free claim disposal.
    August 11, 2026
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    Money laundering investigation in alleged liquor scam leads to arrest and proposed custodial-remand proceedings under anti-money-laundering law.
    Money laundering investigation concerning an alleged liquor scam in Chhattisgarh led to the arrest of Congress leader Ramgopal Agrawal under the Prevention of Money Laundering Act. Custodial remand is to be sought for interrogation. The allegations concern an alleged syndicate that purportedly controlled the state excise department, enabled illegal liquor sales and distributed resulting commissions. Chargesheets name political figures, excise officials and officials associated with the Chief Minister's Office.

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      'Emilia Pérez' tops Oscar nominations with 13, 'Wicked' and 'The Brutalist' land 10 apiece

      January 23, 2025

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      Washington, Jan 23 (AP) In the wake of devastating wildfires in Los Angeles that struck at the heart of the movie industry, an embattled Hollywood lined up behind the Netflix narco-musical about trans identity “Emilia Pérez” in Oscar nominations Thursday.

      Jacques Audiard's “Emilia Pérez,” a Spanish language, French-made film, dominated the nominations with a leading 13 nominations, including best picture and best actress for Karla Sofía Gascón, making her the first openly trans actor ever nominated for an Oscar. The film also landed nominations for directing, original screenplay, two of its songs and for Zoe Saldaña.

      Netflix, despite its starring role in Hollywood, has never won best picture. Many of its top contenders have previously racked up large numbers of nominations (including “Mank,” “The Irishman” and “Roma”) but gone home with only a handful of trophies.

      “Emilia Pérez,” though, may be its best chance yet. It became the most nominated non-English language film ever, surpassing Netflix's own “Roma,” which landed 10 nominations. Only three films — “All About Eve,” “Titanic” and “La La Land” — have scored more nominations in Academy Awards history.

      Another musical — “Wicked,” the smash Broadway adaptation — came away with nearly as many nominations. Jon M. Chu's lavish “Wizard of Oz” riff collected 10 nominations, including best picture and acting nods for its stars, Cynthia Erivo and Ariana Grande.

      “The Brutalist,” Brady Corbet's postwar epic filmed in VistaVision and released by A24, also came away with a commanding 10 nominations, including best picture, best director and nominations for actor Adrien Brody, Guy Pearce and Felicity Jones.

      The 10 nominees for best picture are: “Anora”; “The Brutalist”; “A Complete Unknown”; “Conclave”; “Dune: Part Two”; “Emilia Pérez”; “I'm Still Here.”; “Nickel Boys”; “The Substance”; “Wicked.” Last year, 'Oppenheimer rolled. This year is different In a wide-open Oscar race, the six most honoured films — “Emilia Pérez,” “Wicked,” “The Brutalist," “Anora" (six nominations) “Conclave” (eight nominations) and “A Complete Unknown” (eight nominations) — all fared as expected. The biggest surprises were the Brazilian film “I'm Still Here,” a portrait of political resistance under Brazil's military dictatorship that also landed Fernanda Torres a best actress nomination, and RaMell Ross' “Nickel Boys,” a daringly crafted first-person POV-shot drama that had been overlooked by many guilds in earlier voting.

      Those nominees likely displaced a few best-picture possibilities in the prison drama “Sing Sing,” the journalism thriller “September 5” and the tender comedy “A Real Pain," though those films all landed nominations elsewhere.

      One of 2024's most audacious films, “The Apprentice ? landed a surprising pair of nominations, for Sebastian Stan and Jeremy Strong. The film dramatizes the formative years of President Donald Trump' s emergence in New York real estate under the tutelage of attorney Roy Cohn. Trump has called those involved with the film “human scum.” In the best actor category, where Stan and Brody were nominated, the other nominees were Timothée Chalamet (“A Complete Unknown”), Colman Domingo (“Sing Sing”) and Ralph Fiennes (“Conclave”). Most notably left out was Daniel Craig, acclaimed for his very un-James Bond performance in “Queer.” Best actress, a category that Demi Moore has appeared to have locked up for her full-bodied performance in “The Substance,” saw nominations for Moore, Gascón, Torres, Erivo and the star of “Anora,” Mikey Madison. Arguably the year's most competitive category, that left out Marianne Jean-Baptiste (“Hard Truths"), Pamela Anderson, “The Last Showgirl"), Nicole Kidman (“Babygirl”) and Angelina Jolie (“Maria”).

      “I'm a Los Angeles native and so there's been so much devastation these past few weeks and my heart breaks for L.A. but it's really beautiful to see everyone coming together," Madison said Thursday. "Hollywood coming together and celebrating film right now is really beautiful.” In the directing category, “The Substance” filmmaker Coralie Fargeat managed to crack into the otherwise all-male group of Sean Baker (“Anora”), Corbet, Audiard and James Mangold (“A Complete Unknown"). Most had expected Edward Berger to be nominated for directing the papal thriller “Conclave.” Supporting actor was led by Kieran Culkin, the favorite for the award, for his performance in “A Real Pain.” The other nominees were: Yura Borisov (“Anora”), Guy Pearce (“The Brutalist”), Edward Norton (“A Complete Unknown”) and Strong. Supporting actress nominations went to Grande, Saldaña, Jones, Monica Barbaro (“A Complete Unknown”) and Isabella Rossellini ("Conclave”).

      Oscars push ahead, despite fires The nominations had originally been planned for Jan. 17. But after wildfires on Jan. 7 began burning through the Pacific Palisades, Altadena and other areas around Los Angeles, leaving behind historic levels of destruction, the academy extended its voting window and twice postponed the nominations announcement. Fresh fires outside Los Angeles continued Thursday during the nominations, announced by Bowen Yang and Rachel Sennott.

      With so many in the film industry reeling from the fires, some called on the academy to cancel the Oscars altogether. Academy leaders have argued the March 2 ceremony must go ahead, for their economic impact on Los Angeles and as a symbol of resilience for the industry. Organizers have vowed this year's awards will “celebrate the work that unites us as a global film community and acknowledge those who fought so bravely against the wildfires.” “We will reflect on the recent events while highlighting the strength, creativity, and optimism that defines Los Angeles and our industry,” Bill Kramer, academy chief executive, and Janet Yang, president, said in an email to members Wednesday.

      But much of the usual frothiness Hollywood's award season has been severely curtailed due to the fires. The film academy canceled its annual nominees luncheon. Other events have been postponed or downsized. On Wednesday, Kramer and Yang said original song nominees won't be performed this year. Conan O'Brien, whose Pacific Palisades home was spared by the fires, is hosting.

      Blockbusters (mostly) sit it out The Oscar nominations followed a up-and-down year for Hollywood that saw expansive post-strike delays, wide swaths of unemployed workers due to an industry-wide production slowdown and the tragedy of the California fires in January. Most humbling, perhaps, was the presidential election that returned Trump to office in a race where podcaster Joe Rogan seemed to hold more sway than all A-listers combined.

      At the same time, even amidst a downturn for the superhero film, the industry rallied behind some galvanizing hits, including Universal Pictures' “Wicked,” and three Walt Disney Co. $1 billion grossers in “Inside Out 2,” “Deadpool and Wolverine” and “Moana 2,” a film originally developed as a series for Disney+.

      Those films missed nominations Thursday except for “Inside Out 2," which joined the best animated nominees of “The Wild Robot,” “Flow,” “Memoir of a Snail” and “Wallace and Gromit: Vengeance Most Fowl.” Otherwise, the biggest hits to join the Oscar mix were “Wicked” ($710.3 million worldwide) and “Dune: Part Two” ($714.6 million). Netflix doesn't report box office, so “Emilia Pérez" has no tallied ticket sales, and hasn't been among the streamer's top watches, either.

      That uncertain state of the movies seemed to be reflected in the nominations, which were spread across films both widely seen and little noticed, theatrically released and predominantly streaming.

      But unlike last year, when Hollywood rallied around the success of “Oppenheimer,” the 2024 movie year offered up no clear frontrunner for the industry's top honor. With five weeks to go until the Oscar ceremony, at least four or five movies – including “The Brutalist,” “Emilia Pérez,” “Anora,” “Conclave” and “Wicked” – are seen having a shot at best picture. (AP) GSP

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