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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
    Punjab GST revenue rises 20 pc to Rs 10,447 crore in April-July: Cheema
    India-China trade through Shipli La resumes after six years
    Odisha's export can reach USD 50 billion by FY 2029-30: Study
    Andhra records 21 per cent growth in net GST collections till July
    J&K crime branch chargesheets accused in separate bank, insurance fraud cases
    MCD-facilitated PM Vishwakarma Scheme enrols over 41,000 artisans in Delhi
    Gross GST mop-up grows 15.4 pc to over Rs 2.11 lakh cr in July on higher imports, sales
    Gross and Net GST revenue collections for the month of July, 2026
    India and Rwanda Hold First Joint Trade Committee Meeting to Deepen Bilateral Trade and Investment Cooperation
    West Bengal GST collection rises 2 pc in July to Rs 5,564 crore
    Gross GST collection kitty swells 15.4 pc to over Rs 2.11 lakh cr in July
    RBI says USD 40.82 bn mobilised under forex swap facility till Jul 31
    Sebi bars ZEEL for 2 months, Subhash Chandra, Punit Goenka for 1 year in Hyderabad land pledge case
    Department of Commerce Holds Workshop on Trade and Sustainable Development Policy Landscape
    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
    PM Modi to inaugurate Bhogapuram Airport in Andhra on Aug 1
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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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    Offshore exploration funding supports deepwater drilling, shared infrastructure and seismic data to strengthen domestic hydrocarbon production potential.
    The Samudra Manthan National Offshore Exploration Scheme provides direct budgetary support for high-risk deepwater and ultra-deepwater exploratory drilling, subject to cost-sharing and per-well limits. Support is available to eligible operators holding or securing exploration acreage. The scheme also funds offshore data acquisition and shared subsea, receipt and processing infrastructure through a Common Hub Infrastructure model. It is intended to promote risk exploration, improve commercialisation of offshore discoveries and strengthen domestic hydrocarbon production potential within the existing exploration and licensing framework.
    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.
    Punjab attributed increased GST collections to voluntary compliance, intelligence-based enforcement and technology-driven tax administration, while facilitating compliant taxpayers through timely GST refunds. Data analytics, risk profiling and field verification were used to identify tax evasion, bogus billing, fake input tax credit networks and misuse of the GST registration framework. Measures included penalties, cancellation of fraudulent registrations and recovery of long-pending VAT arrears through attachment and auction of defaulters' properties.
    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.
    Cross-border barter trade through Shipki La between India and Tibet resumed after a six-year interruption. Traders may exchange specified goods under a barter arrangement and must return within 72 hours. Traders are required to comply strictly with import-export regulations prescribed by the Union Ministry of Commerce, emphasising transparency and regulatory compliance. Expansion of permitted goods may be pursued through prescribed governmental and external-affairs channels.
    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.
    Export growth projections for Odisha set out base, optimistic and ambitious scenarios through FY 2029-30, based respectively on historical growth, envisaged national export growth, and a larger share of national exports. Odisha's export basket remains concentrated in metals and minerals, led by aluminium products, with China as the principal export destination. Odisha Vision 2047 identifies exports, including MSME contributions, as an economic transformation driver, while export-financing and risk-mitigation initiatives aim to address financing gaps for exporters and MSMEs.
    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.
    GST revenue mobilisation in Andhra Pradesh showed year-on-year growth in net GST and total commercial tax collections through July 2026, despite rate-rationalisation reforms. Revenue growth was attributed to AI-based scrutiny and analytics, machine-learning risk scoring, AI-driven IGST reversals, UPI-based enforcement analytics, data sharing, predictive analytics, registration verification, and Aadhaar-integrated expansion of the professional-tax base. These measures were stated to strengthen compliance, curb wrongful input tax credit claims, broaden taxpayer coverage, and improve revenue mobilisation.
    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.
    August 1, 2026
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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.
    Bilateral trade and investment cooperation between India and Rwanda is to be advanced through a structured Joint Trade Committee mechanism for reviewing commerce, diversifying trade, promoting investment, facilitating business engagement and addressing market-access and logistical issues. Priority cooperation includes critical minerals, pharmaceuticals and healthcare, agriculture and agro-processing, standards harmonisation, digital public infrastructure, fintech, cybersecurity, green mobility and renewable energy. Investment focal points will support engagement, while capacity-building assistance and close monitoring of the Agreed Minutes are intended to support time-bound implementation.
    August 1, 2026
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    GST collection growth in West Bengal continued year-on-year in July but remained below the national growth trend.
    West Bengal's July GST collection increased year-on-year and over the preceding month, marking a second consecutive month of annual growth. Official data also indicated that the State's annual growth rate was below the national trend, while gross domestic GST revenue excluding imports and overall gross GST collections including import-related taxes rose nationally during July.
    August 1, 2026
    Show AI Summary
    GST collection growth reflects higher revenue mobilisation from domestic transactions and imports, with refunds adjusted in net revenue.
    Goods and Services Tax collections increased in July, driven by higher revenue from domestic transactions and imports. The gross collection comprised Central GST, State GST and Integrated GST components. Refunds also increased during the month, and net GST revenue was determined after adjustment of refund outflows from gross tax receipts.
    August 1, 2026
    Show AI Summary
    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.
    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.

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      HT Media & NewsReach Present: Crafting Bharat Awards 2025 – Honoring Visionaries Shaping India’s Future

      March 6, 2025

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      India has become the world’s third-largest startup ecosystem, with over 1.6 lakh DPIIT-registered startups driving innovation, creating jobs, and transforming industries. These startups are not just businesses—they're shaping the country’s future by solving real-world problems and supporting initiatives like Atmanirbhar Bharat and Make in India. Sectors like fintech, health tech, deep tech, and sustainability are seeing breakthroughs, making India a key player in the global startup space.

      HT Media Crafting Bharat Awards 2025: Recognizing Real Impact The HT Media Crafting Bharat Awards 2025, an initiative by NewsReach (Vyomeen Media Pvt Ltd) and curated by Fever Network, was all about celebrating people and organizations driving change. What started as the Crafting Bharat Podcast, a platform to share startup journeys, has grown into a space that not only tells these stories but also acknowledges the work behind them.

      Held on 21st February 2025 at the ITC Grand Central, Mumbai, the event brought together entrepreneurs, innovators, and industry leaders for a night of recognition, meaningful conversations, and insights. It wasn’t just another startup awards event—it went beyond traditional categories to celebrate those shaping Bharat in different ways. From founders and technocrats to artists, scientists, and social impact leaders, the awards highlighted individuals making a real difference in India’s growth story. With leaders from diverse sectors in the room, the event became more than just a ceremony—it reflected how far India’s startup ecosystem has come and where it’s headed next.

      A big shoutout to our gifting partners for adding thoughtful touches to the event. Sylvi, founded by Krushna Ghevariya and Ishan Kukadia, gifted watches combining style and functionality. Magical Blends, led by Uttara, treated awardees to premium skincare kits, making the experience even more special.

      The awards were presented in three categories: • 30 Under 30 – Recognizing young trailblazers • 40 Under 40 – Honoring mid-career achievers • Bharat Innovators – Celebrating change-makers across industries It was a night of stories, connections, and acknowledging those who are shaping the future of Bharat.

      Here’s a glimpse into the Changemakers who made it to the winners’ list Sangram Singh – A Champion of Strength, Resilience, and Inspiration A celebrated professional wrestler, motivational speaker, and youth icon, Sangram Singh was honored by Bharat Innovators for his extraordinary journey of perseverance and determination. Overcoming immense challenges, he has not only excelled in wrestling but also inspired millions with his motivational talks and philanthropic efforts. His story is a testament to the power of resilience, making him a true role model for the youth of Bharat.

      Dia Mirza – Social Impact Leader - Leading with Purpose, Beyond the Spotlight’ award A celebrated actress, producer, and UN Environment Goodwill Ambassador, Dia Mirza was honored under the Bharat Innovators category for her relentless advocacy for sustainability, wildlife conservation, and climate action. While she is celebrated for her versatility in Indian cinema, her contributions go far beyond the screen.

      A strong advocate for sustainability, environmental conservation, and social causes, Dia has consistently used her platform to drive awareness and action. Whether championing climate initiatives or supporting underprivileged communities, she has shown what it means to lead with purpose.

      Avinash Tiwary – A Changemaker in Cinema who is redefining storytelling through his performances.

      A powerhouse of talent and versatility, Avinash Tiwary was recognized under Bharat Innovators for his transformative impact on Indian cinema. From playing a passionate lover in Laila Majnu to an enigmatic charmer in Bulbul, Avinash has consistently impressed audiences with his versatility. His dedication to meaningful cinema has not only elevated the industry but also inspired emerging talent. With each project, he continues to challenge norms, reshape narratives, and contribute to the evolution of Bollywood storytelling. As he takes on new roles and explores fresh narratives, Avinash Tiwary remains a true innovator in Indian cinema.

      Swastika Mukherjee – Breaking Barriers in Entertainment An acclaimed actress known for her fearless and unconventional roles, Swastika Mukherjee was honored under Bharat Innovators for challenging norms and bringing powerful, nuanced performances to Indian cinema. She took center stage—not just as a celebrated actress but as a true trailblazer in Indian and Bengali cinema. Known for her bold and powerful performances, she has captivated audiences with her talent and authenticity, redefining storytelling with every role she takes on.

      Beyond cinema, Swastika has been a passionate advocate for animal rights, using her platform to raise awareness and give a voice to the voiceless. Whether through her artistry or activism, she continues to stand for what truly matters, proving that being a star is not just about being in the spotlight—it’s about using that platform for meaningful change.

      The Crafting Bharat Awards celebrated trailblazing innovators and leaders reshaping industries with groundbreaking contributions. Among them, Shalil Gupta of Ozonetel redefined customer experiences, while Sitla Thakur of FundBezzie set new benchmarks in digital investment platforms. Harddik K Patel of Quali5Care revolutionized healthcare, and Viswaprasad S Nair of Bindwel spearheaded technological transformation.

      Social impact was at the heart of the awards, with Arhan Bagati of KYARI leading change, Dr. Meenakshi Shanbhag of Makoons championing early childhood development, and Sanjay Khimesera (President Asifa India) advocating for media excellence. The event also highlighted startup ecosystem builders like Sravanth Gajula & Sandeep Bommireddi of AdOnMo and Shikhar Neogi of Neoble Corp.

      Tech and digital innovation were celebrated with Praanesh Bhuvaneswar of Qoruz excelling in influencer marketing, Sidharth Ghosh of ITW Playworx redefining entertainment tech, and Dhaval Patel of S.D. HUB shaping e-commerce and fintech. Anuj Tiwari, founder of Innovit Technologies, pushed AI advancements, while Samkit Shah of Jitendra EV pioneered electric mobility solutions.

      In the business and media landscape, Shrikant Pandey of Indiamanthan Publications reinforced business journalism, and Bhumish Sheth of Zimble Marketing elevated digital marketing standards. Jithin Sethumadhavan of Qoruz was recognized for agency leadership, and Deepanshu Shukla and Sujith Gopinath advanced tech and healthcare communications.

      Industry transformation was a key theme, with Unni Bhaskar revolutionizing airport infrastructure, Premjith Edassery of Bloom Hotel leading tech-driven hospitality, and Vinitt Dessai innovating hair systems. Dr. Chinuu Kwatra was honored for his environmental sustainability efforts, and Suyash Singh of GalaxEye for deep-tech advancements.

      The awards also recognized financial and compliance excellence, with Mohit Agarwal of Wockhardt leading pharma innovation, Suraj Nangia excelling in tax and audit solutions, and Dr. Nishant S. Mehta shaping fintech auditing. Jitendra Somani of Pocket HRMS and Mayuresh Darne contributed to fintech and startup ecosystems, respectively.

      Leaders in entertainment and creative industries, such as SIMA RAAJ of Golden Hue Productions and Shripal of Enjoy, were celebrated for their artistic contributions. Meanwhile, Nazneen of Aminsofttech led the future of tech solutions, and Aalok Kumar of NEC India was recognized for empowering citizens.

      From engineering innovations by Viraj of Unitech Power Solutions to fintech excellence by Vishesh Rajaram of Speciale Invest, these visionaries continue to drive Bharat forward. Their dedication and achievements illuminate the path toward a more innovative, sustainable, and inclusive future.

      The Crafting Bharat Awards honored pioneers, disruptors, and visionaries across industries, recognizing their outstanding contributions to business, technology, healthcare, education, and social impact.

      From Dr. Aravindan Selvaraj, who revolutionized multi-specialty healthcare at Kauvery Hospitals, to Poornima Garg, who led impactful social initiatives at Room to Read India, each awardee exemplified excellence. Naga Srirama Narasimha Raviteja Malladi and Akshatha Madapura Anantharamu transformed the tech and e-commerce landscapes, while Sanjeev Jain redefined the automobile industry. Zeeshan Mansoori spearheaded organic growth in digital platforms, and Aakash Jugraj shaped AI and blockchain media.

      The awards also recognized Harshvardhan Chauhan, who innovated in the FMCG sector, and Pankaj Kumar Choudhary, who set trends in luxury fashion. Devarshi Malviya bridged investors and F&B brands, while Dr. Mickey Keki Mehta advanced holistic health. Jagadish Nangineni led luxury real estate, and Rohan Paul transformed the lens manufacturing industry. In the financial sector, Manish Lalwani and Harsh Jha drove innovations in wealth management and financial distress resolution.

      Trailblazers in content, education, and entrepreneurship included Prof. Dr. Parin Somani, who reshaped global education, and Mithun Chakravarthy, who played a key role in the media and creator economy. Thomson R. Andrews was recognized as a visionary in music and media, and Sonia Kotak made a significant impact on social media. Shivam Mehta excelled in digital marketing, and Jobo Kuruvilla redefined disruptive marketing.

      A constellation of trailblazers was honored for their groundbreaking contributions across diverse industries. Sanjeev Pasricha was celebrated as a Creative Disruptor in Museum Curation, redefining cultural experiences, while Dr. Prakhyat was recognized as a Healthcare Pioneer, advancing medical solutions. Anmol Srivastava (TickYourList) revolutionized the travel industry with his innovative approach to tourism, and Shubhreet Kaur transformed media strategies as a Game Changer in Communications. Amit Mahadik and Poonam Mahadik, the visionary founders of Siddhivinayak Advertising, were applauded for their remarkable impact on the Outdoor Media Industry. Ms. Binda Dey’s creative brilliance was acknowledged for her invaluable contributions to the industry. Anshul Ajmera’s entrepreneurial excellence earned him the prestigious Bharat Innovators Award, while Manish Khurana was lauded for leading the Best Venture Studio for Startup Growth & Investment, fostering a thriving entrepreneurial ecosystem.

      Ankit Agarwal redefined cricket retail by creating the Best Emerging Cric-eCommerce Platform, and Pranav Rajeev reshaped urban landscapes as a Leading Innovator in Infrastructure Development. Amit Mahendragiri Goswami’s expertise in Cybersecurity, Cloud Computing, AI, and Machine Learning safeguarded digital assets, and Anirudh Sridharan played a pivotal role in shaping the Creator Economy, enabling digital influencers. Pratibha Walia and Neeraj Walia were recognized for their exceptional contributions, while Vijay Agarwal and Vaibhav Agarwal’s groundbreaking innovation in early education earned them the title of the Most Innovative Preschool Brand in India 2025.

      Pravin Patel was honored for Excellence in Real Estate Development & Infrastructure, shaping modern cities with his visionary projects. Meanwhile, Subhash Ramdin Prajapati was celebrated for redefining beauty, innovation, and social change with his transformative initiatives. Each of these distinguished individuals continues to push boundaries, inspire innovation, and redefine excellence in their respective fields. Dipu Bose is a visionary transformational leader in medical technology, driving innovation and advancements that shape the future of healthcare.

      Leaders in financial inclusion, such as Ankita Mitra, Chandan Khaitan, and Kunal Jhunjhunwala, ensured greater accessibility to secured lending, while Wilson K and Gaurav Thaker revolutionized luxury branding and beauty tech. Amitabh Shah drove social impact, Rakkesh R. Uddiyar led in fitness.These awardees demonstrated innovation, leadership, and a commitment to excellence, shaping India's future across diverse industries.

      A Celebration That Goes Beyond Awards Vyomeen Media Private Limited led News Reach and the HT Media Crafting Bharat Awards 2025 wasn’t just about recognizing achievements—it was about bringing together people who are shaping the future. It showcased stories of resilience, innovation, and purpose, inspiring others to push boundaries and create lasting change.

      As the event came to a close, it left behind more than just accolades. It sparked conversations, strengthened connections, and reinforced the vision of a self-reliant, forward-thinking Bharat. Every awardee’s journey served as a reminder that progress isn’t just about big ideas—it’s about the people who dare to make them happen.

      This wasn’t just an awards night. It was a movement. And the journey of Crafting Bharat is far from over.

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

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