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    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
    HIGHLIGHTS
    Closely monitoring: India on US bill seeking up to 100 % tariffs on purchasers of Russian oil
    Delhi HC seeks ED stand on Nayan Raheja's plea against money laundering case
    Rupee appreciates 7 paise to close at 95.43 against US dollar
    PM Modi, UK PM Burnham commit to harnessing full potential of mega trade deal
    ITC Q1 profit declines 15.6 pc to Rs 4,508.79 cr; non-cigarette FMCG posts robust growth
    Punjab extends deadline of one-time scheme for settling tax dues of pre-GST period till Sept 30
    PM Modi speaks to UK counterpart Burnham
    Bank credit to industry records robust growth of 19.2 pc in June: RBI data
    Delhi protesters' fingerprints collected from stones for identification via Aadhaar: BJP minister
    Cabinet approves Rs 84,084-cr offshore exploration scheme; govt to fund up to Rs 650 cr per well
    India's forex reserves jump USD 6.12 bn to USD 682.35 bn
    Jharkhand signs pact with CSC eStore to make SHG products made by women available online
    APEDA Facilitates First-Ever Air Shipment of Karnataka's Neelam and Totapuri Mangoes to the Maldives
    Favara-UPI Cross-Border Payment Corridor Goes Live Between Maldives and India
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    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.
    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
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    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
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    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
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    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
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    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.

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      Brick and Bolt Wins ‘The Most Trusted Tech-Enabled Construction Company’ Award

      March 19, 2025

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      Bengaluru (Karnataka) [India], March 19: Brick & Bolt, a leading tech-enabled construction company in India, is proud to announce that it has been awarded the prestigious ‘Most Trusted Tech-Enabled Construction Company’ award at the ETNOW Business Conclave & Awards 2025. This win is a testament to Brick & Bolt’s commitment to transforming the construction industry and bringing transparency, accountability, efficiency, and timely completion of quality projects, supervised and handled with utmost precision. By leveraging emerging tech solutions to address decades-old problems faced by homeowners, Brick & Bolt is not only curating a pathway for other players to follow but is also empowering homeowners by bringing in transparency and customer delight.

      As pioneers driving the shift from an unorganized to an organized sector, Brick & Bolt has been setting new standards for transparency, efficiency, and quality in the construction industry. Since its inception, the brand has already completed construction of a total of 7.54 million sq ft., and 7,000 happy customers across top-tier metros like Delhi, Gurgaon, Noida, Ghaziabad, Faridabad, Pune, Bangalore, Hyderabad, Chennai, and Mysore. Registering a consistent growth rate of 2X year on year, Brick & Bolt is now set to expand its presence across 25 cities and achieve a target of 35,000 units over the next five years.

      “We are honoured to be recognized as the ‘Most Trusted Tech-Enabled Construction Company’ by ETNOW,” said Mr. Jayesh Rajpurohit, Co-Founder and CEO of Brick & Bolt. “This award is a recognition of the entire team’s efforts and a motivation to drive a transformative change in the home construction sector. It reinforces our belief and empowers our mission to redefine the construction experience by addressing issues related to transparency, efficiency and timely completion of projects, without any compromise on quality - the main challenges that plot owners have faced for decades.” Adding to this, Arpit Rajpurohit, Co-Founder & CTO, noted, “Our commitment to leveraging technology allows us to offer homes that are not only innovative but also deliver exceptional comfort and efficiency. Our efforts to leverage machine learning for design and predictability, ensure homeowners can build their dream homes without delays, compromises, or hassles This award is a testament to our efforts and rigorous research of the highest standards.” The ETNOW Business Conclave & Awards 2025 brings together top industry leaders, innovators, and visionaries to celebrate excellence in business across various sectors. Brick & Bolt’s recognition as the ‘Most Trusted Tech-Enabled Construction Company’ further solidifies its position as a leader in the construction tech space.

      Founded in 2018 Brick & Bolt is driving an innovative Build-Your-Home approach that has customer experience at its core. Headquartered in Bengaluru, Brick & Bolt offers a comprehensive range of services for plot owners that include end-to-end project management, design, construction, and after-service support. This tech-enabled perspective has given Brick & Bolt a definite edge.

      Key Features of Brick & Bolt’s Success: • Unique Value Proposition: 6,000+ customisable floor plan options to help property owners build their own home/ office space • State of Art Tech-enabled operations: From design and execution to project completion, Brick & Bolt offers a complete solution for residential and commercial projects using 16+ applications for utmost customer satisfaction. This ensures world-class designs, project management and customer-oriented monitoring mechanisms for all our projects.

      • Money Safety: Brick & Bolt guarantees 100% money safety through the secure ESCROW Model for customers to ensure financial security • Absolute Transparency: Brick & Bolt uses AI-enabled solutions to ensure a transparent workflow that allows customers, construction partners and the management team to get real-time updates and interact, making the construction process highly transparent and efficient • Zero Delays: Daily tracking, automated task management and corrective measures in line with our Zero-tolerance approach towards delays make it yet another successful use of technology to bring efficiency and build trust • Assured Quality Control: Brick & Bolt maintains 3 levels of auditing with 470+ quality checks on every project through its trademarked Quality Assessment System (QASCON) for a transparent, quality superior construction experience • Team of experts: Brick & Bolt takes its commitment to quality and timely deliveries very seriously and their construction partners are the backbone of this system. A Brick & Bolt partner comes with a mandatory 10-plus years of industry experience. They also undergo strict scrutiny and thorough background checks before coming on board.

      Brick & Bolt continues to push the boundaries of innovation by integrating advanced technology into every stage of the construction process. With machine learning applied to over 6,000+ floor plans, the company has optimized critical design elements such as room sizing, Vastu compliance, and structural efficiency. This emphasis on technology and research ensures every home exceeds industry standards for quality and efficiency.

      To further enhance customer convenience, the company will introduce an advanced construction cost estimator, integrating variables like materials, labour, and timelines for accurate budgeting and planning, which will eventually make construction predictable at every step.

      With its innovative approach, Brick & Bolt is not just building homes but creating a trusted ecosystem that transforms how construction is perceived and executed in India. By blending technology with human expertise, the company ensures that every milestone—be it the launch of a new Experience Centre or the execution of a specialised project—aligns seamlessly with its mission to bring transparency, efficiency, and delight to every customer interaction.

      For more information, please visit www.bricknbolt.com About Brick & Bolt Brick & Bolt is transforming the construction industry with innovative technology and a focus on quality and sustainability. Brick & Bolt has redefined the construction experience by offering comprehensive services from design to execution and ensuring seamless delivery. With tailored solutions for residential dwellings, commercial spaces, and large projects, Customer Satisfaction is at the heart of Brick & Bolt. Committed to building better structures, Brick & Bolt provides 6,000+ customisable floor plan options, 100% money safety with an ESCROW payment mechanism, and three levels of auditing with 470+ quality checks on every project via the trademarked Quality Assessment System - QASCON. Currently, Brick & Bolt has catered to over 7,000 units in 10+ cities, including Bengaluru, Hyderabad, Chennai, Mysuru, Pune, Delhi, Noida, Ghaziabad, Gurgaon, and Faridabad, with plans to expand to additional cities. With a focus on quality, innovation, and customer satisfaction, Brick & Bolt is poised to become the go-to choice for quality construction. Brick & Bolt was founded in 2018, by Jayesh Rajpurohit (Cofounder-CEO and an IIT Roorkee alumnus with 22+ years of experience) and Arpit Rajpurohit (Cofounder - CTO and a VIT, Vellore alumnus with 12+ years of experience).

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

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