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    Net direct tax collection grows 23 pc to Rs 8.11 lakh cr so far this fiscal
    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
    PolicyBazaar working with partners to fast-track Assam flood insurance claims
    ED arrests Chhattisgarh Congress leader in liquor 'scam' case
    ED arrests Chhattisgarh Congress leader in liquor scam case
    Register FIR in cases of missing persons immediately, irrespective of age or gender: SC
    ED freezes 182 bank accounts, seizes Rs 1 cr cash in connection to Rs 2k crore chit-fund scam
    Rupee falls 8 paise to 95.38 against US dollar in early trade
    Punjab Assembly passes nine key bills
    Mumbai court denies nod to Nirav Modi's sister to record her statement via video link in PNB case
    'Organised loot' of Rs 2.86 lakh crore from people's pockets: Surjewala accuses govt
    Naresh Goyal seeks discharge from money laundering case; court asks prosecution to reply to plea
    Parliamentary panel seeks details on Railways’ efforts to boost domestic bullet train capabilities
    Haryana CM Saini launches MSME and Export Promotion Policy 2026
    TCS receives employee data leak alerts; says no impact to customer info
    APEDA Facilitates First-Ever Export of Mustard Honey by Dergang FPO from Tripura to Dubai
    Parliament passes The Bankers' Books Evidence Bill, 2026
    DRI uncovers another clandestine drug manufacturing unit in Maharashtra
    Delhi HC gives Kejriwal 4 weeks to respond to ED pleas against acquittal in two cases
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    August 11, 2026
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.
    August 11, 2026
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    Money-laundering investigation into an alleged liquor scam leads to arrest and proposed custodial interrogation under the prevention law.
    Money-laundering investigation under the Prevention of Money Laundering Act concerns an alleged liquor scam in Chhattisgarh. A former state political party treasurer has been arrested for alleged involvement and is to be produced before a local court for a request for custodial interrogation. The alleged scheme is stated to have involved control of the state excise department by a criminal syndicate, with multiple accused named in six chargesheets.
    August 11, 2026
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    Immediate FIR registration for every missing person is mandatory, with missing children treated as suspected kidnapping or abduction cases.
    Immediate FIR registration is required whenever information is received that any person is missing, irrespective of age or gender, without preliminary inquiry. Missing-person FIRs must include relevant provisions concerning kidnapping and trafficking. A missing child must be treated from the outset as a suspected case of kidnapping or abduction. States and Union Territories may face contempt action for non-compliance. Traced children should ordinarily be restored to their families within 24 hours unless trafficking or exploitation by the family is suspected.
    August 11, 2026
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    Money-laundering investigation targets alleged chit-fund collections, investor-fund diversion, concealed deposits, and irregular land transactions.
    Money-laundering investigation into an alleged multi-state chit-fund scheme involved searches at premises linked to Wellfare Buildings and Estates Pvt Ltd and its directors, seizure of cash, vehicles, property-related records and digital devices, and freezing of bank accounts. The alleged scheme concerns unauthorised public-fund collection through land-allotment schemes, followed by closure of operations. Allegations include diversion of investor funds, manipulation of financial statements to conceal deposits, and irregular land transactions intended to suppress actual consideration and evade statutory obligations.
    August 11, 2026
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    Rupee exchange-rate pressure intensified as crude oil, regional uncertainty and weaker equities constrained the local currency in early trade.
    Foreign-exchange market conditions placed the rupee under pressure against the US dollar amid West Asia uncertainty, higher crude oil prices, and weaker domestic equity markets. Foreign institutional investor inflows and Reserve Bank of India intervention supported the rupee and limited further depreciation. Reported dollar sales through state-run banks helped contain downside pressure despite rising Brent crude prices and uncertainty concerning the Strait of Hormuz.
    August 10, 2026
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    GST refund facilitation expands provisional input tax credit refunds and removes the minimum threshold for export-related IGST refunds.
    Punjab's GST amendments facilitate voluntary compliance and reduce procedural burdens by allowing a 90 per cent provisional input tax credit refund in inverted duty structure cases and removing the minimum threshold for IGST refunds on exported goods. Additional measures cap annual fee increases by private unaided educational institutions, establish digital open universities for technology-enabled higher education, protect trees and green cover, and address common infrastructure, panchayati raj, and contractual engagement of outsourced State personnel.
    August 10, 2026
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    Video-conference statements for an approver application were declined, requiring the accused's statement to be recorded before consideration.
    Special CBI Court rejected an accused's request to record her statement through video conferencing in a bank-fraud prosecution. The accused had sought to become an approver, and her statement was required to be recorded before consideration of that application. She and her husband had previously become approvers in a related money-laundering matter involving alleged fraudulent Letters of Undertaking.
    August 10, 2026
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    Fuel price transparency highlights allegations over excise duty, consumer retail costs, and profit disclosures by state-run oil marketing companies.
    Fuel pricing, central excise duty and profits of state-run oil marketing companies are examined through allegations that retail fuel prices and tax policy imposed excessive costs on consumers while generating substantial company profits. The criticism contrasts high crude-price periods with lower retail prices and lower excise duty against a later period in which reduced crude prices were allegedly not passed through to consumers. Profit-margin disclosure is also raised as a transparency issue, with parliamentary information described as covering oil prices, global crude prices and company profits.
    August 10, 2026
    Show AI Summary
    Discharge in money-laundering proceedings turns on whether pre-charge material sufficiently establishes the alleged offence.
    Discharge in a money-laundering prosecution was sought before a special PMLA court concerning alleged siphoning and laundering of loans advanced to Jet Airways by Canara Bank. The prosecution was directed to respond, subject to the applicant not seeking adjournment. Discharge is available after filing of a chargesheet and before framing of charges where the material before the court is insufficient to establish the alleged offence. The proceedings arise from a CBI FIR concerning alleged bank fraud involving Jet Airways and associated persons.
    August 10, 2026
    Show AI Summary
    High-speed rail indigenisation and infrastructure performance monitoring require skills development, comparative planning, measurable station assessments and freight-terminal dashboards.
    Parliamentary oversight calls for accelerated indigenisation of high-speed rail components, capacity-building through international expertise, and comparative study of successful high-speed rail systems for future corridors. Redeveloped stations should be assessed through measurable indicators concerning passenger use, accessibility, cleanliness, commercial occupancy, maintenance and feedback, with completed-project practices documented and shared. Operational cargo terminals and cargo-related facilities should be monitored through a digital dashboard covering utilisation, rake performance, mechanisation, connectivity, safety compliance and customer satisfaction.
    August 10, 2026
    Show AI Summary
    MSME and export promotion framework expands finance, technology, infrastructure, sustainability and global-market support for enterprise growth.
    Haryana Progressive MSME and Export Promotion Policy 2026 creates a five-year framework for MSME growth through financial incentives, institutional support, industrial infrastructure, technology adoption and export facilitation. Identified thrust-sector enterprises may receive capital and interest subsidies, stamp duty reimbursement, employment assistance, insurance support, and incentives for automation, artificial intelligence, testing and research. Proposed venture capital and credit guarantee funds seek to improve institutional and collateral-free finance. Export support covers international certifications, credit, insurance, freight, e-commerce, trade fairs, documentation, compliance and buyer connections, alongside sustainability and inclusive entrepreneurship measures.
    August 10, 2026
    Show AI Summary
    Employee data exposure alerts trigger review of alleged password spraying and MFA fatigue, with customer and operational systems unaffected.
    Employee data exposure alerts prompted TCS to review allegations concerning limited basic employee information that appears to be more than four years old. No indication exists that customer data, customer systems, or operational systems have been affected. The alleged vectors involve password spraying and multi-factor authentication fatigue. TCS states that safeguards against these techniques have been in place for more than two years, its controls remain effective, and monitoring and further assessment will continue.
    August 10, 2026
    Show AI Summary
    Mustard honey export demonstrates FPO-led aggregation, quality-focused production and industry collaboration for international agricultural market access.
    Mustard honey export from Tripura to Dubai marks the first international shipment by Dergang Farmer Producer Organisation, supported through export-oriented aggregation and market linkage initiatives. The export creates overseas market access for local beekeepers and farmers, diversifies the honey value chain, and encourages quality-focused production. Industry collaboration supported bee production and an export-oriented supply chain, while capacity building, quality assurance, value addition and market linkages can strengthen agricultural exports and farmer participation in international markets.
    August 10, 2026
    Show AI Summary
    Digital banking evidence gains recognition through a modernised framework for physical and electronic records, with privacy and security safeguards.
    The Bankers' Books Evidence Bill, 2026, modernises the evidentiary framework for bankers' books by permitting banking records to be produced in physical or electronic form in legal proceedings. It recognises electronic, digital and virtual records and enables the Central Government to extend the regime to other regulated financial entities, supporting a uniform financial-sector evidentiary framework. The framework seeks secure and transparent use of banking records while safeguarding customer privacy, confidentiality and data security.
    August 10, 2026
    Show AI Summary
    Illicit opioid medicine exports exposed through concealed cargo, clandestine manufacturing, repacking, and attempted transnational trafficking to Nigeria.
    Illicit manufacture and attempted export of controlled opioid medicines were detected in a network producing, concealing, storing and exporting Tramadol Hydrochloride tablets to Nigeria. A consignment declared as Pregabalin capsules contained concealed Tramadol Hydrochloride and Tapentadol tablets. Investigation identified clandestine manufacture, repacking and preparation for export, with searches yielding tablet-compression machinery and raw materials. Tramadol is a psychotropic substance under the Narcotic Drugs and Psychotropic Substances Act, while Tapentadol is regulated under the Drugs and Cosmetics Act and its rules.
    August 10, 2026
    Show AI Summary
    Summons compliance under anti-money-laundering law faces appellate scrutiny after acquittal over unproven email service allegations.
    Delhi High Court required Arvind Kejriwal to reply to Enforcement Directorate petitions challenging his acquittal in proceedings concerning alleged non-compliance with summonses. The trial court found that the agency had not proved intentional disobedience, service of summons through email, or lawful issuance of electronic summons under the Prevention of Money Laundering Act. The appellate challenge concerns proof of service, validity of electronic summons, and intentional non-compliance.

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      SIAL Shanghai 2025: Own Asia's Changing Food Market and Inspire New Business with the Tutto Pizza Initiative

      February 10, 2025

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      BEIJING, Feb. 10, 2025 /PRNewswire/ -- As China's dynamic food and beverage market continues its rapid expansion, SIAL Shanghai 2025 is poised to be the premier platform for international professionals seeking to engage with this vibrant industry. Scheduled from May 19 to 21, 2025, at the Shanghai New International Expo Centre, this trade fair will unite global industry leaders, offering unparalleled opportunities for exhibitors, visitors, buyers and food professionals to connect, discover the latest trends, and grow their businesses.

      China's Food Market: A Golden Opportunity China's food market is on a clear upward trajectory, projected to reach a remarkable $1.736 trillion by 2025, according to Statista. With a compound annual growth rate of 7.13%, online sales are also expected to account for 20.1% of total revenue by 2025. This booming market is fueled by China's vast consumer base of over 1.4 billion people, all demanding high-quality, innovative, and diverse food products. As China continues to assert its position as the world's largest food consumer, global food and beverage companies are increasingly focusing their efforts on capturing this thriving market.

      Showcase Global Food Innovations to Buyers in the Asia-Pacific Region (APAC) For exhibitors, SIAL Shanghai 2025 offers an unrivaled opportunity to showcase their products and innovations to a highly targeted audience of influential buyers and industry leaders. With more than 5,000 exhibitors from 75 countries and regions, SIAL Shanghai is Asia's largest food and beverage trade fair, providing a powerful platform for global food brands to gain significant exposure in the thriving Chinese and broader Asian markets.

      Testimonials from exhibitors at SIAL Shanghai 2024 highlight the event's success: "We've had great success at SIAL Shanghai, connecting with both Chinese and international customers. The exposure here has been invaluable for expanding our brand's reach in the Asian market." — Adam Kalaxizian, Director, CCI France Vietnam "It's our first time exhibiting here, and the turnout has been exceptional. The ability to connect with distributors, retail chains, and potential buyers is exactly what we need to drive our product's growth in China." — Jonathen Braeuer, Sales and Marketing Manager, Beth-EI Food Ltd.

      Discover the Future of Food At SIAL Shanghai 2025, visitors and buyers will have a unique opportunity to explore the latest trends and innovations in the food and beverage industry. With over 180,000 professionals from 110 countries expected to attend, the fair will be a melting pot of ideas, connections, and opportunities. Attendees will gain access to a diverse range of products, including organic foods, gourmet beverages, frozen foods, snacks, and convenience foods, all showcasing innovative solutions that cater to the evolving demands of today's discerning consumers. The exhibition's strategic location in Shanghai, the heart of China's flourishing food industry, ensures that participants will be at the forefront of the latest market trends and consumer demands.

      Tutto Pizza: Bridging Cultures Through Culinary Excellence A major highlight of SIAL Shanghai 2025 will be the Tutto Pizza Village, a celebration of pizza-making that brings together Ho.Re.Ca professionals and pizza lovers from around the world. Founded in Naples in 2016, this exhibition has quickly become the premier gathering for pizza enthusiasts worldwide. The 2025 edition will mark a groundbreaking collaboration between Tutto Pizza, Regione Campania, SIAL Network, and Universal Marketing, showcasing the finest Italy's agri-food products.

      Nicola Caputo, Campania's Agriculture Councilor, stated, "This initiative will elevate the Campania Region and its world-renowned products, such as San Marzano tomatoes and buffalo mozzarella, to a global audience." Laurent Noel, Managing Director of Comexposium, commented, "Naples is the birthplace of authentic Italian pizza, and we wanted to take this iconic event international to celebrate the global love for pizza." The growing global appeal of pizza — valued at $148.6 billion in 2023 — underscores the significant opportunities for exhibitors in the food sector.

      Release of the '2025 Pizza New Innovation White Paper' In addition to the Tutto Pizza Village, SIAL Shanghai 2025 will unveil the '2025 Pizza New Potential White Paper', offering in-depth analysis of demand trends and opportunities in the pizza market. This valuable resource will provide crucial insights into China's expanding pizza consumer base.

      SIAL Global Food Industry Summit: Onward and Upward The 7th SIAL Global Food Industry Summit at SIAL Shanghai 2025 will bring together industry leaders, innovators, and experts to delve into the latest advancements in the food and beverage industry. With over 100 global speakers and 3,500 attendees participating in 10 thematic forums, the summit will cover critical topics such as sustainability, innovation, and future market trends. It is an essential event for professionals seeking to expand their knowledge and establish new business partnerships.

      Concurrent Activities and Competitions: Revolutionizing Consumer Scenarios SIAL Shanghai 2025 will feature dynamic activities and competitions designed to inspire and engage, highlighting innovation and sustainability across the food industry. Highlights include SIAL INNOVATION, SIAL Snacking Awards, SIAL CUP Barista Challenge, La Cuisine, SIAL Best STEAK Awards, SIAL Chinese Restaurant, SIAL Chic & Tea Contest, and more. These events provide businesses with the opportunity to create innovative consumer experiences, showcase groundbreaking products, and stay ahead of evolving consumer trends.

      Match Me: Maximizing ROI for Buyers and Suppliers To further enhance the value of participation, SIAL Shanghai 2025 introduces Match Me, an business matching program designed to help exhibitors and buyers connect directly. Leveraging over 1 million trade database entries accumulated over 25 years, Match Me ensures that participants connect with the right partners and buyers to maximize their ROI on-site.

      SIAL Shanghai 2025: Own the Changing Food Market in China and Asia SIAL Shanghai 2025 is more than just a trade fair; it is a gateway to the future of China's and Asia's food and beverage markets. With its unrivaled scale, strategic location, and diverse range of activities, the event offers a unique opportunity for international professionals to showcase their products, discover emerging trends, and form meaningful business connections. As China's food market continues to evolve, SIAL Shanghai 2025 is the ideal platform to seize new opportunities and stay ahead in this rapidly growing market.

      About SIAL Shenzhen 2025: Gateway to Southern China and South Asia's Food & Beverage Market SIAL Shenzhen 2025, held from September 1–3, 2025, at the Shenzhen Convention & Exhibition Center, will cover 60,000 square meters with 1,500+ exhibitors and 67,000 professionals. Focusing on the booming markets of Southern China and South Asia, the exhibition will feature six Highlight Villages, including Chinese & International Food & Beverage, International Meat, and Pulses & Grains.

      For media and business inquiries, please contact: SIAL Shanghai Press Office Email: [email protected] Website: www.sialchina.com (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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