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    GeM Launches 10-Day Celebrations Ahead of 10th Foundation Day, Unveils Commemorative Logo
    All Indian exports of dual-use items comply with international obligations: MEA
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    Jharkhand signs pact with CSC eStore to make SHG products made by women available online
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    Favara-UPI Cross-Border Payment Corridor Goes Live Between Maldives and India
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    August 1, 2026
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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.
    July 31, 2026
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    Russian oil purchases may trigger proposed targeted tariffs, with periodic reassessment based on countries' purchasing behaviour.
    Proposed United States measures would authorise sanctions against Russia and persons supporting its war in Ukraine, while permitting targeted tariffs on imports from countries purchasing substantial volumes of Russian oil or gas or facilitating sanctions evasion. The framework identifies major purchasers and shadow-fleet facilitators for possible additional tariffs and provides for periodic reassessment and tariff adjustments based on purchasing behaviour. India stated that its energy-security policy rests on national priorities and diversified energy sources.
    July 31, 2026
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    Money-laundering proceedings face challenge over absent predicate offence, alleged lack of criminal intent, and treatment of related FIRs.
    Money-laundering proceedings linked to alleged diversion of homebuyer funds are challenged on the ground that no scheduled offence or criminal intent is attributable to the petitioner. The petitioner relies on his asserted exoneration in two predicate FIRs, where charge sheets did not name him, and settlement of the remaining FIR. Notice was issued for a response and status report, and the petitioner undertook to cooperate with the investigation.
    July 31, 2026
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    Rupee appreciation reflected foreign capital inflows and central bank support, tempered by crude prices and geopolitical tensions.
    Rupee appreciation against the US dollar was linked to sustained foreign capital inflows and Reserve Bank support through dollar selling. Higher crude oil prices, a stronger US dollar and geopolitical tensions in West Asia constrained further gains. A slightly positive near-term rupee bias was associated with softer dollar conditions, dovish US monetary expectations, favourable global markets and improved foreign inflows, while geopolitical risks remained relevant. Domestic equity indices rose, foreign-exchange reserves increased, and fiscal-deficit data showed the central government's position against its full-year target.
    July 31, 2026
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    India-UK trade agreement enables duty-free access and bilateral cooperation on investment, technology, and strategic partnership.
    The India-UK Comprehensive Economic and Trade Agreement provides zero-duty market access in the UK for nearly 99 per cent of India's exports and is intended to expand bilateral trade and investment opportunities. The governments committed to maximise its benefits through the Comprehensive Strategic Partnership, including cooperation on technology, innovation, security, clean energy, education and people-to-people links. Advanced technology collaboration, including artificial intelligence, is also contemplated.
    July 31, 2026
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    Excise duty increases on cigarettes pressured profitability, while calibrated pricing and FMCG growth supported market resilience.
    Excise duty increases on cigarettes affected consolidated profitability, prompting calibrated pricing and portfolio measures to protect market share and limit migration to illicit trade. The cigarette portfolio was re-architected across price points through value-accretive offerings and staggered pricing actions. Non-cigarette FMCG growth was supported by demand for packaged foods, dairy and personal-care products. Input-cost inflation was mitigated through inventory cover, commodity hedging and price-volume rebalancing amid crude-price volatility, supply-chain disruption and imported inflation concerns.
    July 31, 2026
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    One-Time Settlement Scheme offers final pre-GST tax dispute resolution relief before stricter recovery action against defaulters begins.
    The One-Time Settlement Scheme 2025 for pre-GST tax dues has been extended until September 30. Eligible taxpayers may resolve pending legacy tax disputes with full waiver of interest and penalties and slab-wise relief in principal tax. After the deadline, recovery action may be intensified under applicable tax laws and the Punjab Land Revenue Act, including property attachment, auction and freezing of bank accounts. The department also supports amicable settlement of tax disputes through the SAMADHAN initiative.
    July 31, 2026
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    Bilateral trade agreement implementation supports expanded trade, investment and strategic cooperation through technology, security, clean energy and community links.
    The India-UK Comprehensive Economic and Trade Agreement was identified as a framework for expanding bilateral trade and investment opportunities following its operationalisation. The two governments proposed closer cooperation to use the agreement for shared prosperity, while advancing their comprehensive strategic partnership through technology, innovation, defence, security, clean energy, education and people-to-people links.
    July 31, 2026
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    Sectoral bank credit growth reflects broad-based expansion across industry, services, agriculture and personal loans, with slower credit-card growth.
    Sectoral bank credit growth accelerated across non-food lending, agriculture, industry, services and personal loans. Industrial credit expanded across micro and small, medium and large enterprises, with strong lending to infrastructure, engineering, food processing, textiles, construction, metals, petroleum-related products and chemical products. Services lending was supported by non-banking financial companies, commercial real estate and trade. Vehicle and housing loans maintained double-digit growth, while credit-card outstanding growth decelerated.
    July 31, 2026
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    Biometric identification of protesters through alleged fingerprint-Aadhaar linkage was described alongside criminal-background profiling and database creation.
    Biometric identification of protesters through fingerprints recovered from alleged stone-pelting evidence was publicly described as a proposed investigative method. A minister stated that fingerprints allegedly found on stones would be linked with Aadhaar numbers to identify participants and examine their prior records. The account also referred to analysis and categorisation of detained protesters' criminal backgrounds, creation of a separate database, and proposed action against participants described as anti-social elements or persons with criminal records.
    July 31, 2026
    Show AI Summary
    Offshore hydrocarbon exploration support funds high-risk deepwater drilling, shared infrastructure and data acquisition to strengthen domestic energy production.
    The National Offshore Exploration Scheme provides public support for deepwater and ultra-deepwater oil and gas exploration, including seismic and offshore data acquisition, exploratory drilling in frontier basins, and common production and evacuation infrastructure. It addresses the high cost and geological uncertainty of offshore drilling and includes technology adoption, digital programme management, capacity building and collaboration measures. The scheme seeks to expand domestic hydrocarbon discoveries and production, attract investment across the exploration and production value chain, and reduce reliance on imported oil and gas.
    July 31, 2026
    Show AI Summary
    Foreign exchange reserves increased as foreign currency assets and gold holdings rose, alongside measures to attract forex inflows.
    India's foreign exchange reserves increased during the reporting week, principally because foreign currency assets and gold reserves rose. Foreign currency assets, expressed in United States dollar terms, include valuation effects from movements in currencies such as the euro, pound and yen. Special Drawing Rights and the reserve position with the International Monetary Fund declined. Measures including the FCNR(B) measure were reported as efforts to attract foreign-exchange inflows following rupee pressure and dollar-sales intervention.
    July 31, 2026
    Show AI Summary
    Digital marketplace access for women's self-help group products expands e-commerce opportunities while panchayat-level citizen services are strengthened.
    Digital marketplace access for women's self-help group products is proposed through a memorandum of understanding between CSC eStore and the Jharkhand State Livelihood Promotion Society. Products marketed under the 'Palash' and 'Adiva' brands are intended to be offered through an e-commerce network to widen market access, support rural women's income and entrepreneurship, and strengthen the rural economy. Digital panchayat services are also being expanded through Common Service Centres, including banking, e-governance and Aadhaar-related services.
    July 31, 2026
    Show AI Summary
    Agricultural export facilitation expands market access for late-season mangoes through farmer aggregation and direct global market linkages.
    Agricultural export facilitation enabled an air shipment of late-season Neelam and Totapuri mangoes to an international market, expanding market access and extending the mango export season. Direct sourcing through a Farmer Producer Company supported organised aggregation, quality produce, and export-oriented supply chains. Direct procurement and export market linkages enabled participating farmers to realise higher returns than conventional market channels while promoting horticultural export diversification.
    July 31, 2026
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    Cross-border digital payment integration enables real-time Favara transfers from Maldives mobile banking applications to UPI-enabled accounts in India.
    Cross-border digital payment integration between Favara and UPI enables individuals in the Maldives to make real-time person-to-person transfers to UPI-enabled bank accounts in India through mobile banking applications. Transfers are initiated in Maldivian Rufiyaa and credited in Indian Rupees. The initial service is available through participating Maldivian banks. Permitted remittances include family-maintenance transfers under foreign inward and outward remittance categories, and gift-related transfers under foreign outward remittance. Future phases are intended to introduce QR-based merchant payments and other digital payment services.
    July 31, 2026
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    Procedural Fair Hearing in competition inquiries requires notice when the Commission departs from investigative findings before imposing action.
    Competition law procedure requires the Competition Commission to notify and hear an opposite party when departing from the Director General's findings. The penalty order concerning alleged abuse of dominance in viscose staple fibre supply was set aside because Grasim Industries was not given an opportunity to respond to the Commission's disagreement with the investigative findings. The matter was remanded for fresh, time-bound consideration without a finding on the merits.
    July 31, 2026
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    Manufacturing contraction highlights weak domestic demand, property-sector pressure and continued reliance on technology-related exports for economic growth.
    Manufacturing activity in China contracted in July, as the official purchasing managers' index fell below the expansion threshold and new orders and production declined. Weak domestic demand, lower building activity and possible typhoon-related disruptions contributed to the slowdown. Consumer spending, investment and property-sector weakness continue to affect confidence, while technology-related exports support growth. Policy commitments include strengthening domestic consumption amid continued reliance on exports.

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      Youth Innovators Leverage Cross-Border Collaboration to Solve Shared Challenges at Climate Hack 2024

      February 28, 2025

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      Nine out of the ten shortlisted teams at Pitch Day comprised members from different countries.

      New Delhi, Delhi, India & Singapore – Business Wire India Three cross-border teams emerged as winners at the Singapore International Foundation’s (SIF) Climate Hack 2024 Pitch Day recently, marking the finale of the five-month programme which began in September 2024. First launched in 2021, Climate Hack aims to equip individuals in Asia with digital skills to develop and accelerate tech-driven solutions for climate change.

      The winning teams were represented by 13 youths from India, Indonesia, Malaysia, Pakistan, and the Philippines. The winning ideas included strategic cross-sector partnerships to ensure scalability, personalised user experiences to address unique needs, and more cost-effective alternatives to existing solutions.

      More than 300 youths from 27 countries participated in the programme to develop climate solutions. They received training from leading industry experts in areas such as digital proficiencies, problem-solving skills, entrepreneurial thinking, and best practices in presenting and marketing their ideas. Nine out of the ten shortlisted teams comprised youths from different countries, reflecting the criticality of collaboration in addressing climate challenges.

      Ms. Manvitha Yalamanchili, a member of Sustainloop and a Climate Hack 2024 winner from India said: “When I first connected with my teammates from Malaysia and the Philippines, we found that we shared the same dream of creating meaningful impact in the climate space despite coming from different countries. That is what brought us together to form Sustainloop. Our team’s diverse backgrounds allowed us to gain insights from different industries, and I am thrilled to have found inspiring mentors in my teammates.” Mr Jaryll Chan, SIF Executive Director, Programmes Division, said: “Climate change affects every single one of us as we live in an interconnected world. At the SIF, we believe in driving collaborations to develop solutions for a better world.” Winning Teams Announced at Pitch Day of Climate Hack 2024 At Pitch Day, 10 shortlisted teams presented their tech-driven solutions to a panel of judges. They addressed environmental challenges in areas such as natural resource management, land use, transport, waste management, and ecological economics.

      Three winning teams were chosen based on their creativity, persuasiveness, teamwork, and the impact and feasibility of their solution. They are: 1. E-Connect (Indonesia, Malaysia, Pakistan, and the Philippines) 2. SustainIQ (Indonesia, Malaysia, Pakistan, and the Philippines) 3. Sustainloop (India, Malaysia, and the Philippines) Additionally, Ecovolve (Cambodia, Indonesia, and Singapore), received the People’s Choice Award. The award was based on voting on social media leading up to Pitch Day and by the live audience during the event.

      All four teams will visit Singapore in March this year to learn more about the Singapore Green Plan 2030 – a whole-of-nation movement to advance Singapore’s national agenda on sustainable development.

      Ms Carla Gomez Briones, Climate and Sustainability Specialist, United Nations Development Program Global Centre for Technology, Innovation, and Sustainable Development (Singapore) was one of the judges at Pitch Day. She shared: “The ingenuity and depth of thought demonstrated by the teams have been truly inspiring. From tackling diverse challenges like natural resource management to rethinking waste systems, these young changemakers have shown a remarkable ability to innovate with purpose and impact. Their solutions not only address urgent climate issues but also reflect the power of collaboration across borders to create a sustainable future.” Ms Sheena Joy Palcis, a member of E-Connect from the Philippines said: “Climate Hack has helped me gain insights on turning my climate-resilient ideas into action. Through the workshops, I gained skills to develop an impactful and practical solution. The feedback and resources that I received from our mentors and trainers also helped to ensure that our team’s solution remains relevant amidst a rapidly evolving global landscape. There is still much to be done in building a more sustainable society, but I am hopeful for a brighter future with all the youth-led innovations that were presented at Pitch Day!” Climate Hack 2024 was organised in collaboration with key partners Action for Change in Southeast Asia (ActSEA), Kidzstarter, and Temporary Local. It was supported by volunteer trainers and mentors from IT consultancy Cognizant, social impact organisation DataKind Singapore, and volunteering platform TheOneHourProject, as well as individual professionals who volunteered in their own capacity.

      Since 2021, Climate Hack has trained close to 1,000 youths from 24 countries across Asia. Collectively, the programme’s participants have developed 130 digital prototypes and solutions to address climate-related challenges.

      In 2021, Climate Hack received the World Bank Digital Skills Innovation Award in the Lifelong Learning category for its programme innovation in advancing digital proficiencies in Asia.

      About the Singapore International Foundation The Singapore International Foundation aims to build eco-systems to catalyse change for a better world. We bring together people from the public, private, and philanthropic sectors across countries to harness the collective strength that is needed to address shared environmental and social challenges. Our work is focused in the areas of climate, digital, education, health, justice, and youth. We believe that cross-boundary collaboration is critical to foster sustainable solutions in an interconnected world. Find out more at www.sif.org.sg About Action for Change in Southeast Asia Action for Change in Southeast Asia (ActSEA) (formerly WISE - WASH in Southeast Asia) is a regional non-profit organisation that contributes towards an equitable and sustainable Southeast Asia by nurturing leaders who are empowered to effect change and amplify impact. Registered in Indonesia and Singapore, and active in the Philippines and Cambodia, ActSEA builds local teams that promote autonomy, professional development, and personal well-being, through community-centred initiatives, programmes, and projects.

      Sector-agnostic, its path is driven by the aspiration and needs of the communities they work with. Thus, ActSEA has worked on different areas (public health, environment, livelihoods, education, gender, disaster response) and utilised different approaches (community development, behaviour change, research, advocacy, research, capacity building).

      About Kidzstarter Kidzstarter is an entrepreneurial educational network dedicated to providing programs and initiatives that: 1. Support youths in developing transferable skills to navigate and transition into the future of work.

      2. Help corporations attract and retain young talent through tailored solutions.

      Their vision is to empower, enable, and equip 500,000 agents of change by 2030 with the knowledge, skills, and mindset needed to navigate the future of work. Kidzstarter aims to cultivate a dynamic and inclusive environment where these leaders are prepared to thrive in an ever-evolving global landscape through our programs, approach, and mentorship.

      About Temporary Local Temporary Local is a community platform focused on helping individuals to thrive with their social purpose and make this world a better place with a strong community. Through supporting Social Enterprises and capacity building individuals to be an active citizen, Temporary Local strives to forge a community of mutually supportive collaborators. Temporary Local curates experiences and opportunities to bridge the skill and community gaps within social issues.

      To View the Image, Click on the Link Below: Three teams, comprising 13 youths from five countries, emerged as winners at the Climate Hack 2024 Pitch Day event on 22 February 2025.

      (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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