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    ED raids in 4 states in illegal Bangladeshis, Rohingyas infiltration case
    TCS opens AI-focused Gemini experience centre in Kolkata
    I-T dept raises Cost Inflation Index to 384 for FY27
    Union Minister of Commerce & Industry, Shri Piyush Goyal Meets European Industry Leaders in Brussels to Deepen India–EU Industrial and Technology Co...
    India-UK CETA and Agreement on Social Security Enter into Force
    PERIODIC LABOUR FORCE SURVEY (PLFS) MONTHLY BULLETIN - June, 2026
    CCI approves acquisition by Opal Bidco Pte. Ltd. of 100% shareholding in STT GDC Pte. Ltd.
    Govt hikes windfall tax on diesel, ATF; cuts levy on petrol exports
    Goods worth USD 140 mn exported on first day of India-UK trade pact coming into effect
    CETA: Export consignment flagged from Bengaluru to UK
    India-EU TTC meet: Goyal says work program on FDI screening concluded
    India logs USD 2.8 bn current account surplus in April-May: RBI data
    Cong leader Baghel alleges BJP links to Mahadev betting app after Ebix Group chairman's arrest
    ED attaches Rs 158-crore assets of Delhi hospital in PMLA probe
    Mahadev app case: Chhattisgarh court sends Ebix chairman Vikas Garg to 10-day ED custody
    Bengal seeks to leverage India-UK CETA, eyes export boost for labour-intensive sectors
    Kolkata flags off first jewellery exports to UK under CETA
    UK-India trade pact comes into force; Envoy Cameron hails it as 'gold standard'
    RBI issues draft ‘Guidance on Regulatory Expectations for Data Governance’
    Govt unveils Rs 1.9 lakh cr semiconductor, mobile manufacturing push
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    July 16, 2026
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    Money-laundering investigation examines alleged foreign-funded networks supporting illegal infiltration, forged documents, and economic settlement of migrants.
    A money-laundering investigation concerns an alleged network facilitating illegal entry and settlement of Bangladeshi and Rohingya nationals. The alleged scheme involved forged identity and travel documents, charitable trusts receiving overseas contributions, and diversion of funds through bank accounts, mule accounts and layered transactions. Suspected fund use included settlement support, documentation, employment, cash assistance and income-generating assets. Searches examined the alleged infiltration, documentation and financial-support network.
    July 16, 2026
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    Agentic AI innovation centre enables consumer businesses to co-create, test and scale enterprise AI solutions across operational functions.
    TCS launched a Gemini Experience Centre in Kolkata with Google Cloud to enable consumer businesses to co-create, test and scale AI-led solutions. The centre showcases agentic AI applications for store operations, supply-chain management, omni-channel retail and customer service, serving retail, consumer packaged goods, travel, tourism and hospitality enterprises. The initiative uses Gemini Enterprise-based industry- and context-aware AI agents and seeks to accelerate agentic AI adoption and support movement from AI pilots to enterprise-scale deployment.
    July 16, 2026
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    Cost Inflation Index enables inflation-adjusted long-term capital gains calculations through indexed acquisition cost for eligible capital asset transfers.
    The Cost Inflation Index for financial year 2026-27 is 384 for computing inflation-adjusted long-term capital gains on transfers of capital assets, including immovable property, securities and jewellery. It is used to determine indexed cost of acquisition by adjusting purchase cost for inflation. Long-term classification generally requires holding exceeding 36 months, with stated periods of 24 months for immovable property and unlisted shares and 12 months for listed securities.
    July 16, 2026
    Show AI Summary
    India-EU industrial and technology cooperation advances through trade facilitation, resilient supply chains, digital innovation and expanded market access.
    India-EU industrial and technology cooperation was advanced through engagements addressing industrial collaboration, technology partnerships, bilateral trade opportunities and business-to-business cooperation. Discussions covered trade facilitation, investment flows, supply-chain resilience, digital innovation, competitiveness and regulatory challenges. The interactions emphasised industry-led growth, greater market access for Indian enterprises and innovation-driven partnerships under the Trade and Technology Council framework.
    July 16, 2026
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    Preferential India-UK trade framework introduces broad zero-duty export access, self-certified origin documentation, and social-security contribution relief for temporary professionals.
    India-United Kingdom CETA entered into force with preferential tariff treatment, including zero-duty access in the United Kingdom for nearly 99 per cent of India's exports. The Agreement covers goods, services and cooperation in customs, digital trade, financial services, telecommunications, intellectual property and professional services. The associated Agreement on Social Security exempts Indian professionals on temporary United Kingdom assignments from double social-security contributions for up to five years. Rules of Origin certification was operationalised through self-certified Certificates of Origin issued on the eCoO 2.0 platform.
    July 16, 2026
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    Labour market indicators showed stable overall participation, employment and unemployment, with marginal urban improvement and softer rural unemployment.
    Monthly labour-market estimates for persons aged 15 years and above, compiled under the Current Weekly Status approach, show stable overall labour-force participation, worker population ratio and unemployment rate in June 2026. Urban labour-force participation and worker population ratio improved marginally, while rural participation and employment remained stable. Female labour-force participation was broadly stable month-on-month. Rural unemployment eased slightly, urban unemployment rose marginally from the preceding month, and urban unemployment declined on a year-on-year basis.
    July 16, 2026
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    Competition clearance governs full acquisition of a data-centre provider alongside co-investor economic interests in the transaction.
    Competition approval concerns Opal Bidco Pte. Ltd.'s acquisition of the entire shareholding in STT GDC Pte. Ltd., a data-centre provider. The transaction also provides for specified co-investors to acquire economic interests in STT GDC on a see-through basis. STT GDC operates in India through an indirect subsidiary and is among multiple data-centre participants active in India.
    July 16, 2026
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    Windfall tax on petroleum exports revises diesel and aviation fuel levies while reducing the petrol export levy.
    Special Additional Excise Duty on petroleum-product exports was revised from 16 July 2026, increasing the levy on diesel and aviation turbine fuel exports while reducing it on petrol exports. Duty rates on petrol and diesel cleared for domestic consumption remained unchanged. The windfall tax framework seeks to support domestic fuel availability and discourage exporters from benefiting from differences between domestic and global fuel prices during elevated crude-oil prices.
    July 15, 2026
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    Duty-free market access under the India-UK trade pact expands exports while preserving safeguards for procurement and policy space.
    The India-UK Comprehensive Economic and Trade Agreement provides duty-free access for nearly 99 per cent of Indian exports and includes reciprocal government-procurement access subject to safeguards. India retains MSME preferences, limits covered procurement to selected central entities, excludes strategic sectors, and applies minimum contract thresholds. The agreement preserves compulsory licensing and permits withdrawal of certain concessions if a future UK carbon tax adversely affects Indian exports. Its gender, SME, environment, and labour chapters contain no dispute-settlement provisions.
    July 15, 2026
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    India-UK trade agreement expands duty-free market access and tariff reductions for exports, services, manufacturing and small enterprises.
    India-UK Comprehensive Economic and Trade Agreement (CETA) is stated to provide duty-free access in the UK market for 99 per cent of Indian products and to reduce or eliminate UK import tariffs across key product categories. It is expected to support Karnataka exports in manufacturing, agricultural produce, processed food, electronics, aerospace and medical devices, with certain tariff reductions phased out over time. Mode 1 services provisions are identified as beneficial to Bengaluru's IT industry, while awareness programmes and investment roadshows are proposed to help exporters and attract investment.
    July 15, 2026
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    Foreign investment screening cooperation advances investment flows alongside trade, technology, supply-chain resilience and prospective investment-protection commitments.
    India and the European Union concluded a work programme on foreign direct investment screening, exchanging best practices to facilitate investment flows. Trade and Technology Council cooperation addresses market access, standards harmonisation, supply-chain requirements, deep-tech innovation and critical dependencies. The parties also discussed free trade agreement ratification, World Trade Organization reform, and prospective investment-protection and geographical-indications agreements. The Council provides an institutional mechanism for cooperation on trade, trusted technology and economic security.
    July 15, 2026
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    Balance of payments reporting shows a current account surplus despite a wider trade deficit and portfolio investment outflows.
    Balance of payments data for April-May 2026 records a current account surplus, supported by increased net services receipts, higher inward remittances and a marginal reduction in net income outgo. The merchandise trade deficit widened as imports rose more than exports. The overall balance of payments moved into deficit, while net foreign direct investment increased and net foreign portfolio investment recorded a larger net outflow.
    July 15, 2026
    Show AI Summary
    Online betting money laundering investigation examines alleged proxy accounts, simulated salary payments, cross-border routing, and custodial investigation of the money trail.
    Money-laundering allegations concerning an online betting syndicate involve purported routing of betting proceeds through fictitious or proxy bank accounts, simulated salary payments, share-capital investments, and foreign institutional channels. An Ebix Group chairman was arrested in connection with the alleged money trail and remanded for investigation. The investigating agency states that prosecution complaints have been filed and that separate state economic-offence and central investigations address connected cases. Political-link allegations were denied, and the stated laundering assertions remain under investigation.
    July 15, 2026
    Show AI Summary
    Money laundering asset attachment addresses alleged fund diversion through false invoices, inflated construction costs, shell entities and accommodation entries.
    Provisional attachment under the Prevention of Money Laundering Act was undertaken in an alleged financial-fraud investigation involving a hospital company. The allegations concern diversion of company funds through purportedly false medical-implant invoices and inflated hospital-construction costs routed through a related company. Accommodation-entry operators and shell entities were allegedly used to conceal the origin of illicit funds. The proceeding arose from a Serious Fraud Investigation Office chargesheet against the hospital promoters.
    July 15, 2026
    Show AI Summary
    Money-laundering investigation into online betting proceeds leads to custodial remand amid allegations of layered fund routing.
    A special PMLA court remanded Ebix Group chairman Vikas Garg to Enforcement Directorate custody in an investigation into alleged money laundering linked to online betting operations. The agency alleged that betting proceeds were routed through accommodation entries, shell entities and layered transactions into entities owned or controlled by Garg, and were used to acquire shares, securities and other assets. It also alleged dissipation or encumbrance of Ebix shares and an attempt to mortgage or sell property treated as proceeds of crime.
    July 15, 2026
    Show AI Summary
    India-UK CETA tariff elimination strengthens export prospects for labour-intensive leather, jute, jewellery and agricultural products in British markets.
    India-UK CETA tariff concessions are expected to improve West Bengal's export competitiveness in the United Kingdom. Duty-free access applies to tea, mangoes and betel leaves, while import duties on jewellery have been removed. Labour-intensive leather, jute, and gems and jewellery sectors are identified as principal beneficiaries, with tariff removal also improving seafood export prospects. Further competitiveness measures are proposed to help exporters use the agreement's trade opportunities.
    July 15, 2026
    Show AI Summary
    Zero-duty market access under CETA enables Indian jewellery exporters to enter overseas markets without import tariffs.
    Zero-duty access under the India-UK Comprehensive Economic and Trade Agreement enables eligible Indian gem and jewellery exports to enter the United Kingdom market without UK import tariffs. The agreement is expected to improve market access and support value-added manufacturing, employment, skill development, and the participation of artisans, micro, small and medium enterprises, and exporters in West Bengal's gem and jewellery sector.
    July 15, 2026
    Show AI Summary
    UK-India trade agreement introduces wider market access, tariff reductions and social security arrangements to support bilateral commerce.
    The UK-India Comprehensive Economic and Trade Agreement has entered into force, providing expanded market access, tariff reduction and trade facilitation. India receives zero-duty access for nearly all exports to the UK, while UK products entering India receive duty-free or reduced-tariff treatment. The framework covers goods including textiles, leather, engineering products, food, cosmetics, alcoholic beverages and premium cars. A bilateral social security agreement has also been operationalised to support wider commercial engagement.
    July 15, 2026
    Show AI Summary
    Data governance expectations propose stronger lifecycle controls, quality standards, accountability and third-party data-sharing safeguards for regulated financial entities.
    Draft regulatory guidance on data governance proposes expectations for regulated financial entities to maintain data that is accurate, consistent, secure and fit for purpose. The framework addresses data-governance arrangements, defined roles, data architecture, metadata and data lineage, data quality, and third-party data-sharing arrangements. It applies to specified banking entities, financial institutions, non-banking financial companies, asset reconstruction companies and credit information companies, and invites stakeholder feedback on the proposed framework.
    July 15, 2026
    Show AI Summary
    Semiconductor and mobile manufacturing incentives support domestic production, component sourcing, design investment, exports and resilient electronics supply chains.
    Semicon 2.0 and the Mobile Phone Manufacturing Scheme provide manufacturing support to expand domestic electronics production, exports and local value addition. Semicon 2.0 covers chip design, equipment and materials, fabrication, advanced packaging and testing, research, and talent development, while supporting semiconductor intellectual property and critical-component manufacturing. The mobile-phone scheme provides production-linked incentives linked to eligible sales, with additional support for domestic component sourcing and Indian investment in product design and research. The measures seek to reduce import dependence and strengthen domestic critical-technology capabilities.

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      APAR Industries Limited: Electrifying the Future of Energy at Elecrama 2025

      February 20, 2025

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      MUMBAI, India, Feb. 20, 2025 /PRNewswire/ -- APAR (BSE: 532259) (NSE: APARINDS) (REUTERS: APAR.NS) (BLOOMBERG: APR:IN) plans to exhibit its comprehensive suite of solutions for the energy sector at Elecrama 2025, scheduled to take place from February 22 to 26 at the India Expo Mart, Greater Noida.APAR is the Associate Sponsor at Elecrama 2025.

      Visit APAR Industries at Elecrama 2025, Hall 1, Booth A24, to explore its wide range of products, solutions, and services.

      APAR Industries Limited, a diversified billion-dollar conglomerate with a rich legacy spanning more than 66 years. As they navigate the complexities of the 21st century, APAR is dedicated to addressing critical issues such as fair global business practices and sustainability. APAR's mission is clear: to deliver tomorrow's solutions today, ensuring a brighter and more sustainable future for generations to come.

      Driving Innovation, Shaping the Future of Energy • The world's largest global aluminium and alloy conductor manufacturer.

      • India's largest exporter and producer of speciality and renewable cables.

      • First and the only Indian company to provide end-to-end solutions in copper and fibre hybrid cables.

      • India's largest and the world's 3rd largest transformer oils manufacturer.

      • One of the top 10 players in the lubricants industry in India.

      With a long history of serving the Indian energy landscape, APAR is a trusted provider of conductors, cables, and oils. APAR is set to highlight its electrifying progress through sustainable and technologically advanced solutions. The company's presence at Elecrama 2025 will demonstrate its capabilities across its three core businesses.

      Conductors: As the world's largest manufacturer of aluminium and alloy conductors, APAR provides advanced conductor solutions, including high-performance conductors such as HTLS Conductor, ACCC® AZR™, SUPER-ZAD, TP, OPGW, OPPC, and CTC Conductors, engineered for increased efficiency.

      Cables: APAR is the largest exporter and producer of speciality and renewable cables catering to diverse needs from power transmission and distribution to specialized applications in renewable energy, railways, and other sectors. With five e-beam facilities, they are well-equipped to produce a range of solar cables for enhanced performance.

      Oils: APAR's fifty-five-year journey in the speciality oils segment has transformed it into India's largest private blender and marketer of speciality oils. Their comprehensive portfolio includes India's largest range of transformer oils. APAR Lubricants delivers a range of specialized lubricants, with a growing emphasis on sustainable and high-performance solutions, including those tailored for the electric vehicle (EV) market.

      Products of the Future, Delivered Today: At Elecrama 2025, APAR will display its 'products of the future,' designed to address the evolving needs of the energy sector.

      APAR offers a comprehensive portfolio of futuristic high-performance conductor solutions, including ACCC CASABLANCA, AL59 ZEBRA, ACSR/TW DESCHUTES, ACCC GROSBEAK, AAAC Araucaria EHC, MVCC 105°, OPPC, OPGW 144F, GAP (GZTACSR), and ACCC, designed to optimize transmission efficiency and grid reliability.

      APAR innovates cables designed for harsh environments, renewable energy connections, and railway signalling applications. From pioneering cable technologies such as PT-45 (Pressure Tight) and Aluminium Flexible E-Beam Cable to specialized solutions like Submarine Underwater and EV Charging Cables, APAR Cables ensures superior performance.

      Showcasing sustainable oils & lubricants under the brand name POWEROIL transformer oil and solutions for electric vehicles at Elecrama 2025.

      EPC Solutions and Training: APAR goes beyond product manufacturing to offer EPC solutions for its customers. This encompasses design, engineering, procurement, construction, and commissioning services.

      The company provides end-to-end EPC conductor services, ensuring seamless integration and superior performance for modern power infrastructure with their innovative solutions of Medium Voltage Covered Conductor (MVCC) - 105°, Optical Phase Conductor (OPPC), Optical Ground Wire (OPGW) 144F, GAP (GZTACSR) Conductor & Aluminium Conductor Composite Core (ACCC) APAR's EPC cable offerings, including Airport Lighting, Screened & Instrumentation, Concentric Core (Anti-Theft), and Hybrid Mining Cables, guarantee reliability and safety for demanding applications.

      As a leader in the energy sector, APAR is dedicated to fostering growth and innovation. They will be hosting trainings to share their knowledge with the energy industry at ELECRAMA 2025.

      Book your training slots here: https://apar.com/elecrama-exhibition/ "Through Elecrama 2025, APAR reaffirms its dedication to powering India's growth. We are excited to showcase products of the future and EPC solutions that bring tomorrow's solutions today." - Mr. Kushal Desai, Chairman & Managing Director, APAR Industries Limited.

      About APAR Industries Limited: Founded in 1958, APAR Industries Limited has evolved into a billion-dollar conglomerate with a remarkable presence in over 140 countries, standing as the world's largest manufacturer of aluminium and alloy conductors and the third-largest producer of transformer oil. With an extensive portfolio that includes over 350 grades of specialty oils and the largest range of specialty cables, APAR is a trusted partner for major transformer OEMs, power utilities, EPC contractors, automotive OEMs, and telecommunications companies worldwide.

      Our commitment to innovation and excellence is backed by advanced R&D centres and 11 state-of-the-art manufacturing facilities, enabling us to deliver innovative products and solutions that empower industries and enhance energy reliability. As we continue to drive growth through technological advancements and customer-centric solutions, APAR Industries Limited is poised to deliver tomorrow's solutions today.

      For more details, visit: www.apar.com BSE: 532259 | NSE: APARINDS | Reuters: APAR.NS | Bloomberg: APR:IN Disclaimer Logo: Embedded Media (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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