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    Customs seizes 8 kg gold worth over Rs 11 cr at Kerala airports in one week
    Drill, Baby, Drill: India to fund Rs 650 cr per well for 60 deepsea wells to break its oil import habit
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    All Indian exports of dual-use items comply with international obligations: MEA
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    August 2, 2026
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    Gold smuggling detection targets sophisticated concealment methods through strengthened passenger profiling, intelligence gathering and coordinated investigations into organised networks.
    Gold smuggling detection at Kerala airports led to multiple seizures, registration of cases and arrests in alleged smuggling attempts. Organised networks reportedly use gold in paste or compound forms concealed in clothing, body cavities, aircraft seats and other unconventional locations. Enforcement measures include strengthened passenger profiling, intelligence gathering and inter-agency coordination, while investigations continue to identify associated syndicates and financiers.
    August 2, 2026
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    August 1, 2026
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    GST compliance enforcement combines taxpayer refunds, analytics-based fraud detection, cancellation of fake registrations, and recovery of outstanding VAT arrears.
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    August 1, 2026
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    Cross-border barter trade resumes through Shipki La, subject to permitted goods, time limits, and import-export compliance requirements.
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    August 1, 2026
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    Export growth projections outline pathways for Odisha to expand merchandise trade through export diversification, MSME support and financing initiatives.
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    August 1, 2026
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    GST compliance enforcement through AI analytics supported sustained net GST collection growth despite rate rationalisation reforms and reduced compliance costs.
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    August 1, 2026
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    Economic-offences fraud chargesheets address alleged fictitious loans, forged insurance surrender papers, and diversion of bank and policy funds.
    Economic-offences chargesheets were filed in separate alleged bank and insurance fraud matters. The bank investigation alleged fictitious loan sanctions and overdrafts beyond delegated authority, involving cheating, forgery, use of forged documents and criminal conspiracy. The insurance investigation alleged that duplicate policy records and forged surrender documents were used to open a fraudulent account in a policyholder's name and divert policy proceeds. Records, witness statements, documentary evidence and forensic examination were cited in support of the allegations.
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    PM Vishwakarma Scheme implementation expands artisan enrolment, skills, credit, e-commerce access and export facilitation while addressing documentation barriers.
    PM Vishwakarma Scheme implementation in Delhi facilitated artisan enrolment, application processing, skill training, toolkit distribution, loan access, e-commerce onboarding and export-related support. Awareness workshops and tele-calling campaigns were used to promote participation and follow up on benefits. Key implementation challenges concerned outreach to informal clusters, digital literacy, delays in Aadhaar and IEC documentation, and additional support for Divyang artisans. Planned action includes expanding workshops, scaling e-commerce onboarding, strengthening export facilitation and coordination with implementing agencies.
    August 1, 2026
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    Goods and Services Tax collections rise on domestic consumption and imports, while elevated import revenue prompts assessment of underlying drivers.
    Goods and Services Tax collections for July increased over the corresponding prior-year period, supported by domestic sales and imports. Gross receipts included Central GST, State GST and Integrated GST, with net GST revenue calculated after adjusting refunds. For the April-July period, gross and net collections also increased. Commentary linked domestic GST growth to consumption, formalisation and industrial activity, while identifying elevated import GST collections as an area requiring assessment of import composition, currency effects and volumes.
    August 1, 2026
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    GST revenue collections show provisional gross, refund and net revenue trends, with State-wise settlement and domestic collection data.
    GST revenue collections for July 2026 are reported provisionally through gross domestic and import revenue, domestic and export-related refunds, and net GST revenue after refunds. The data also sets out SGST collections and the SGST share of IGST settled to States and Union Territories, both monthly and cumulatively. State-wise domestic GST growth excludes GST on imported goods, while jurisdiction-wise data allocates collections between central and State formations and identifies CGST, SGST and IGST components.
    August 1, 2026
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    Bilateral trade cooperation expands through a Joint Trade Committee covering investment, critical minerals, healthcare, digital technologies and market access.
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    GST collection growth in West Bengal continued year-on-year in July but remained below the national growth trend.
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    August 1, 2026
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    GST collection growth reflects higher revenue mobilisation from domestic transactions and imports, with refunds adjusted in net revenue.
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    August 1, 2026
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    Concessional foreign-exchange swaps encourage bank deposits and foreign borrowings to strengthen balance-of-payments resilience and foreign-exchange liquidity.
    The Reserve Bank of India introduced a concessional foreign-exchange swap facility to encourage foreign-currency inflows, strengthen the balance of payments and support foreign-exchange liquidity. The facility applies to fresh Foreign Currency Non-Resident (Bank) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings. Foreign Currency Non-Resident (Bank) deposits constitute the principal source of inflows mobilised under the arrangement. The facility is available for specified time-bound periods, with a later availability period for Overseas Foreign Currency Borrowings and External Commercial Borrowings.
    August 1, 2026
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    Unauthorised pledge of listed-company land triggered securities-market bars for disclosure failures and misuse of management authority.
    Unauthorised pledge of ZEEL's Hyderabad land as security for loans obtained by promoter-linked entities was treated as a related-party transaction lacking prior audit committee approval. ZEEL failed to disclose the land's deployment in its financial statements. Its Chairman Emeritus was stated to have transferred title deeds by falsely representing management approval and to have concealed the transaction's nature. Securities-market prohibitions and monetary penalties were imposed with immediate effect.
    August 1, 2026
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    Trade and sustainable development policy integrates carbon regulation, sustainability standards and domestic frameworks to strengthen trade competitiveness and preparedness.
    Trade and Sustainable Development policy was examined in relation to international trade disciplines, sustainability regulation and India's trade strategy. Discussions considered carbon markets, carbon pricing, carbon border adjustment measures, sustainability standards and regulatory cooperation, and their implications for trade and industrial competitiveness. Domestic mechanisms, including the Carbon Credit Trading Scheme, Indian Carbon Market, Extended Producer Responsibility framework, and accreditation and conformity assessment systems, were considered for strengthening preparedness for emerging sustainability-related trade disciplines.
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    Digital public procurement engagement begins with stakeholder events promoting transparent, efficient and inclusive marketplace governance.
    Government e-Marketplace launched ten-day celebrations preceding its tenth Foundation Day, including a commemorative logo, stakeholder events and recognition of employees, buyers and sellers. The programme begins a year-long nationwide outreach initiative bringing together buyers, sellers, policymakers, industry representatives and ecosystem partners through events, dialogues and collaborative platforms. Its stated focus is technology-enabled, transparent, efficient and inclusive public procurement.
    July 31, 2026
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    Strategic trade controls require dual-use exports to comply with national law and international obligations amid arms-transfer allegations.
    Strategic trade controls governing dual-use exports require Indian exports of dual-use items and technologies to comply with national law and India's international obligations. The stated framework applies to exports to various countries. In response to allegations concerning supplies to Israel, the position notes calls for an arms embargo covering direct or indirect transfers of arms and military material, including weapons, ammunition, parts and components, without determining the underlying allegations.
    July 31, 2026
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    Greenfield airport development under a public-private partnership advances licensed international passenger, cargo, logistics, and sustainable infrastructure.
    A greenfield international airport is being developed under a Public-Private Partnership and Design, Build, Finance, Operate and Transfer framework, with airport, aviation-hub, education and supporting infrastructure components. The airport has obtained an aerodrome licence and required safety, fire and environmental clearances. Passenger, airfield and terminal systems are designed for domestic and international operations. A cargo terminal with cold-chain facilities and integration with port, industrial-corridor and logistics networks are intended to strengthen exports and air-cargo logistics. Recycled-water use and LEED Platinum development standards form part of its environmental measures.
    July 31, 2026
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    Regulatory and legal developments cover trade measures, legislative action, offshore exploration support, court directions and platform algorithm scrutiny.
    The compilation reports proposed United States tariff measures concerning purchasers of Russian oil and gas, India-United Kingdom trade engagement, extension of farmer-support measures, and approval of offshore exploration support. It also covers passage of the Registration of Births and Deaths (Amendment) Bill, 2026, a privilege-motion notice, a criminal sentencing, and directions to appoint a nodal officer for families affected by the Russia-Ukraine war. Regulatory items include industrial credit data and examination of social-media algorithms, bias and public-order implications.

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      Adityanath calls Maha Kumbh 'truly global event', credits PM Modi for its success

      February 27, 2025

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      Prayagraj, Feb 27 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath on Thursday credited Prime Minister Narendra Modi for the successful organisation of Maha Kumbh 2025, calling it "a truly global event".

      Addressing journalists at the media centre here, a day after the conclusion of the Maha Kumbh, Adityanath said, "Maha Kumbh in Prayagraj truly became a global event, and the credit goes to the visionary leadership of Prime Minister Narendra Modi. His vision has helped us successfully execute this grand event, and you (the media) have played a crucial role in conveying its significance to the country and the world. I thank you for that." He also highlighted Modi's concept of integrating faith and economy, stating that spiritual tourism holds immense potential, with Uttar Pradesh emerging as the most suitable state to harness it.

      "In 2024 alone, 64 crore pilgrims and tourists visited various religious sites across Uttar Pradesh, including Ayodhya, Varanasi, Mathura, Prayagraj, Chitrakoot, Vindhyachal, Gorakhpur and Naimisharanya," the chief minister said.

      Over the past 45 days, more than 66 crore pilgrims and tourists visited Prayagraj for the Maha Kumbh, creating new records in religious tourism, he added.

      Adityanath also said that the Maha Kumbh led to the development of five major spiritual tourism corridors in Uttar Pradesh.

      The first corridor connects Varanasi and Mirzapur to Ayodhya and Gorakhpur via Prayagraj. The second links Prayagraj to Lalapur and Chitrakoot. The third runs from Prayagraj to Lucknow and Naimisharanya. The fourth connects Prayagraj to Agra via the Bundelkhand Expressway, extending to Mathura, Vrindavan and Sukhteerth.

      In the past 45 days, millions of devotees travelled through these five corridors, including not only locals but also pilgrims from across the country and the world, Adityanath said.

      Representatives from more than 100 countries participated in the Maha Kumbh, including ambassadors and high commissioners from 74 nations, he said.

      Additionally, ministers and presidents from 12 countries attended the event, along with numerous other international devotees, the chief minister said.

      The central and state governments, under the 'double-engine' governance model (BJP in Centre and Uttar Pradesh), spent approximately Rs 7,500 crore on both permanent and temporary infrastructure for the Maha Kumbh, the chief minister said.

      "These included the construction of over 200 roads, 14 flyovers, multiple underpasses, and 12 corridors in Prayagraj for the first time. These developments have significantly enhanced the city's appeal to tourists," he said.

      "To ensure seamless arrangements for the devotees, nearly one lakh personnel from the state and central governments were deployed. Among them, the highest number was from the Uttar Pradesh Police, along with personnel from the PAC, Fire Services, Water Police, Home Guards, ATS, and STF commandos," Adityanath said.

      The entire Mela area was monitored using facial recognition technology and AI-integrated surveillance. Around 30,000 CCTV cameras provided real-time updates on the number of people entering the premises, tracking their movements, and even counting those taking a dip in the Sangam, he said.

      The chief minister personally monitored the arrangements, conducting aerial surveys during his visits to Prayagraj. When outside the city, he relied on the 30,000 AI-enabled cameras, which provided a 360-degree view of the entire venue, allowing real-time assessment of crowd movement and pressure in different areas.

      The arrangements in Prayagraj were extensive, with over 15,000 sanitation workers deployed to maintain cleanliness, Adityanath said.

      More than 7,000 buses of the state transport corporation along with 750 shuttle buses were in operation. Various central government departments, including the ministries of railways, civil aviation, and road transport and highways, played crucial roles in facilitating transportation, the chief minister said.

      "The Indian Railways operated nearly 13,000 special trains for the Maha Kumbh. Additionally, 3.15 crore passengers travelled to Prayagraj using Uttar Pradesh State Transport Corporation buses," the chief minister added.

      Adityanath also said that the 45-day-long Maha Kumbh, which began on January 13 (Paush Purnima) and concluded on February 26 (Mahashivratri) with the final offering, set new benchmarks of success.

      He highlighted that Prayagraj has now developed into a smart city, and anyone witnessing its transformation and enhanced facilities would be impressed.

      The fair area was expanded to 10,000 acres, with parking facilities for six lakh vehicles spread over 5,000 acres. Thirty pontoon bridges were constructed, 500 checked plates were laid, and 500 km of roads were developed. A 1,250 km pipeline was installed to supply drinking water.

      Additionally, one lakh tents were set up, and land was allocated to 8,000 ashrams and institutions. About 1.5 lakh toilets were built, along with seven riverfronts, 12 km of temporary ghats, and nine permanent ghats, all of which contributed to the event's success, Adityanath said.

      The chief minister also emphasised that both the central and state governments fulfilled their responsibilities, while various institutions supported the efforts to bring devotees to the Maha Kumbh.

      "No matter how well the arrangements were made, only a limited number of people could personally witness them. But the national and international media not only appreciated the arrangements but also helped in amplifying them positively," Adityanath said.

      "The world has now seen how an investment of Rs 7,500 crore led to a Rs 3 lakh crore economic boost, and this was made evident by media coverage," he added.

      Stating that the Maha Kumbh has piqued global curiosity and has become a subject of academic research, Adityanath said, "I have been receiving letters from IIMs and various national and international institutes, asking about crowd management and the coordination of faith and economy.

      "They want to conduct talks and discussions on how this event was managed. Everyone who visited the Maha Kumbh discussed cleanliness, technology, security personnel's conduct, and the dedication of the workers at all levels. The patience and discipline shown by the people of Prayagraj were truly commendable." He compared this to global reactions during crises, saying, "During the Covid-19 pandemic and lockdowns worldwide, people took to the streets in protest. But under Prime Minister Modi's leadership, India's response to the pandemic was marked by cooperation and public support. Similarly, during the 45-day-long Maha Kumbh, the people of Prayagraj showed continuous support and discipline." Adityanath also extended special thanks to the sanitation workers and boatmen for their contributions, besides expressing gratitude to the transport department employees for their service during the event.

      A 'Netra Kumbh' initiative was conducted during the Mela, under which eye check-ups were carried out, he said.

      "As a result, more than one lakh people received free eyeglasses, while 17,000 individuals were identified for cataract operation,” he said. PTI KIS ARI ARI

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