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    Minister of State for Commerce and Industry and Electronics & Information Technology Shri Jitin Prasada Concludes Official Visit to Morocco; Co-Chairs...
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    Hoping to work towards further expanding scope of India-Japan trade pact: Goyal
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    Commerce and Industry Minister Shri Piyush Goyal Highlights India’s Growing Startup Ecosystem at India–Japan Startup Roundtable in Tokyo
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August 27, 2026
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Preferential trade agreement exploration advances bilateral market access, pharmaceutical cooperation, investment partnerships, and diversified trade.
India-Morocco economic cooperation is expanded through the seventh Joint Commission framework, targeting deeper and more diversified trade, investment, industrial collaboration and market access across goods and services. An India-Morocco Joint Working Group is to examine bilateral trade opportunities and the feasibility of a preferential trade agreement, including tariff and non-tariff barriers, improved market access and trade facilitation. Cooperation also addresses pharmaceutical market authorisation and approval timelines, food safety, sustainable agriculture, renewable energy, artificial intelligence, healthcare, and phosphates and fertilisers.
August 26, 2026
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Hybrid cyber fraud exploits stolen smartphones and intercepted verification codes to compromise digital banking and payment accounts.
Hybrid cyber fraud combines physical smartphone theft with digital financial exploitation. Offenders obtain screen-lock credentials, steal devices and use control of the active SIM card to intercept verification codes and reset UPI and digital banking credentials. Preventive measures include withholding PINs, passwords and OTPs; avoiding storage of financial and identity records on phones; and immediately blocking the SIM card and freezing digital banking and UPI services after a theft.
August 26, 2026
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CEPA review aims to expand bilateral trade engagement, address export barriers, and support regulatory registrations for exporters.
India and Japan are considering a review of the Comprehensive Economic Partnership Agreement to make the bilateral trade framework more contemporary and expand its scope, scale and commercial opportunities. The review is linked to balanced trade and to identifying export barriers arising from procedural requirements, language issues and time involved in market access. Regulatory compliance assistance may support product registrations required for overseas markets, including costly chemical registrations and pharmaceutical registrations.
August 26, 2026
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Personal loan reward eligibility depends on successful campaign-period disbursal, alongside review of borrowing costs and repayment capacity.
Loan Utsav 2026 provides a limited-period reward bundle to eligible customers whose personal loan is successfully disbursed during the campaign period, subject to applicable terms and conditions. Personal loans are collateral-free and available subject to eligibility, customer profile, documentation and applicable loan terms. Applicants may choose a loan amount and repayment tenure based on their requirements. Extended tenures can reduce monthly EMI obligations but may increase total interest payable. Customers should review interest rates, EMI, processing charges, other loan costs and repayment capacity before accepting a loan offer.
August 26, 2026
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Deep-tech investment cooperation advances through capital corridors, innovation bridges, manufacturing integration and startup pitching platforms for cross-border growth.
India-Japan startup cooperation is proposed to advance through a deep-tech capital corridor, a two-way innovation bridge, manufacturing and technology integration, and joint startup pitching platforms. Collaboration is directed towards patient capital, early-stage research, deep-tech commercialisation, technology validation, precision manufacturing, investment and market access. The partnership also emphasises MSME integration with startups and global supply chains, co-investment mechanisms, plug-and-play infrastructure, and institutional links among universities, research institutions, incubators and industry.
August 26, 2026
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Sugar price-control measures combine raw-sugar imports, stockholding limits and export restrictions to curb retail price pressures.
Sugar price-control measures combine authorised raw-sugar imports, stockholding limits for dealers and bulk consumers, and an existing export prohibition to address elevated domestic prices. Imports are permitted within the specified period, while stockholding restrictions seek to curb speculation and hoarding. Retail prices continued to rise despite lower ex-mill prices, and the regulatory approach focuses on augmenting supply, limiting stock accumulation, and preventing export-related pressure on domestic availability.
August 26, 2026
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Alternative dispute resolution enabled settlement of long-pending disputes, alongside reporting on court administration and regulatory compliance concerns.
Legal developments include resolution of long-pending tenancy, commercial and property disputes through a special Lok Adalat mechanism, including a digitally signed international settlement. Other matters concern a challenge to a riot-related murder conviction, allegations of administrative irregularities and selective case listing, fast-track court pendency, cancellation of a recruitment process following suspected examination malpractice, fraudulent identity documents used to claim citizenship, medical-qualification standards, and opposition to uranium exploration and mining.
August 26, 2026
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MSME co-lending supports digital paperless credit delivery through rural banks for underserved rural and semi-urban enterprises.
SIDBI-RRB MSME co-lending arrangement is proposed for expansion to increase credit access for micro, small and medium enterprises in rural and semi-urban areas. The arrangement combines SIDBI's understanding of MSME credit requirements with Regional Rural Banks' local reach. SIDBI's Co-Lending Origination Platform provides an end-to-end digital credit process intended to enable faster, paperless loan processing, in-principle sanction communication, documentation and direct account disbursement without branch visits.
August 26, 2026
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Input tax credit mismatch alone cannot support fraud-based GST demand without an assessing officer's recorded satisfaction of fraud or suppression.
Section 74 GST demand proceedings require the assessing officer's independent satisfaction of fraud, wilful misstatement or suppression of facts. An input tax credit mismatch or alleged short payment alone cannot establish these conditions. Unsupported assertions of suppression for invoking extended limitation are insufficient, and audit objections cannot replace the assessing officer's satisfaction. A show cause-cum-demand notice lacking factual allegations of a deliberate device to evade tax or avail excess input tax credit is vulnerable.
August 26, 2026
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Fraudulent Aadhaar procurement exposes identity-verification gaps and prompts disclosure, expedited investigation, deportation, and statutory review measures.
Fraudulent procurement of Aadhaar and other identity documents by foreign nationals who infiltrate borders may undermine identity verification, immigration control and national security. Coordinated action is required to trace and deport such persons, prevent re-entry, strengthen document verification, and complete investigations without delay. Amendments to the Aadhaar Act are to be considered to assist investigating agencies, while a dedicated procedure is required to address border infiltration and human trafficking. Aadhaar enrolment records are to be supplied to police, followed by timely deportation proceedings.
August 26, 2026
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Foreign investment liberalisation proposals receive industry support, subject to preserving AIF treatment, grandfathering, and prospective application.
Proposed foreign-investment liberalisation, including treatment of stakes below 10 per cent and a greater role for market forces in valuation, is welcomed. Preservation of the existing treatment of Alternative Investment Funds under the IOCC framework is emphasised, together with grandfathering of transactions and funds undertaken under the current regulatory position. Newly introduced requirements should operate prospectively to support a simpler, predictable and investment-friendly foreign-investment framework.
August 26, 2026
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India market expansion guides Nestle 's volume-led growth, export-hub development and long-term investment without compromising product quality.
Nestle 's India strategy focuses on volume-led growth, wider consumer reach, portfolio development, efficiency improvements and sustained long-term investment. Growth is intended to combine increased household penetration with pricing, premiumisation, affordability and value offerings. India is also intended to develop further as a production and export hub for global markets, supported by manufacturing capacity and expanding overseas supplies. Product quality and consumer interests remain constraints on the pace of expansion.
August 26, 2026
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Credit awareness through regular score and report review supports responsible borrowing, error detection, and informed credit management.
Free online access to the Credit Pulse Report is available through the Bajaj Finance website. Users verify their registered mobile number through OTP authentication, provide identifying particulars including PAN and date of birth, and then view the available credit score. The report may be reviewed and downloaded to examine repayment history, active credit accounts, recent enquiries and other recorded credit information. Periodic review can help identify unfamiliar accounts, inaccurate repayment records, overdue amounts, unupdated information and changes in credit utilisation.
August 26, 2026
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Credit lifecycle consistency requires facility-specific treatment so UPI-linked credit records, repayments and customer obligations remain aligned.
CARD91's Credit Lifecycle Consistency Framework calls for facility-specific treatment of Credit Line on UPI transactions and continuing credit events. Credit limits, outstanding balances, repayments, refunds, reversals and EMI conversions should be accurately connected to the relevant customer account and applied according to the underlying facility's terms. Bank policy, customer consent, transaction controls and portfolio actions should remain aligned. Customer-facing applications, statements and alerts should consistently reflect available credit, outstanding obligations and repayment schedules, while disputes and manual corrections follow documented, reviewable processes.
August 26, 2026
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Non-revolving credit lines require term-loan structures supporting multiple drawdowns without replenishing sanctioned limits for NBFC lending products.
Proposed restrictions on revolving credit facilities for most NBFCs would generally require credit products to operate as term loans, rather than facilities in which principal repayment automatically restores the available borrowing limit. Compliance may require technology capable of managing multiple drawdowns within an approved sanction, separate repayment schedules, amortisation and servicing workflows, while preventing repaid principal from replenishing the sanctioned limit.
August 26, 2026
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Reciprocal trade tariffs intensify as negotiations confront market access, cultural protections, industrial safeguards, and sovereignty concerns.
US-Canada tariff escalation involves reciprocal import duties following failed negotiations over market access and trade in dairy, alcoholic beverages, automobiles, steel, aluminium and softwood lumber. United States tariff action relies on a rarely used trade-law power permitting duties against countries considered to discriminate against American businesses, without a prior investigation or stated time limit. Negotiations also raised concerns about protection of major industries, cultural protections and Canada's freedom to conclude trade agreements with other countries.
August 26, 2026
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Diaspora engagement supports skilled mobility, investment links, remittances, and citizen welfare while encouraging compliance with local laws.
Indian diaspora engagement in Japan supports bilateral goodwill, business links, investment opportunities and people-to-people ties. Skilled Indian professionals are encouraged to understand local requirements, learn Japanese language and culture, and pursue opportunities in healthcare, trades, engineering, artificial intelligence, accountancy and maritime work. Diaspora members are also encouraged to maintain connections with India, contribute through digital education and knowledge-sharing, and comply with local laws and regulations. Remittances and government support for citizens' welfare, safety and crisis assistance abroad are recognised as important aspects of diaspora engagement.
August 26, 2026
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Semiconductor and AI cooperation advances through industry engagement, investment facilitation, and accelerated economic partnership review.
India-Japan cooperation in semiconductors and artificial intelligence is being strengthened through industry engagement, investment facilitation, technology partnerships and an economic-security-oriented framework. India's semiconductor strategy covers chip design, machinery and materials, fabrication, ATMP/OSAT, research, and talent development, supported by Semicon India initiatives. Bilateral engagement also seeks to address industry concerns, expand manufacturing and innovation partnerships, and accelerate review of the Comprehensive Economic Partnership Agreement to reflect emerging economic opportunities.
August 26, 2026
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Virtual trader engagement platform strengthens weekly grievance feedback, policy information sharing, and institutional dialogue between government and trading communities.
The Virtual Conference Interaction Meetings provide a weekly, accessible forum for retail traders to engage with the Government, receive information on relevant schemes, policies and reforms, and submit grievances and suggestions. The platform enables recurring concerns to be identified and communicated to concerned Ministries and Departments for consideration and redressal. It seeks to strengthen institutionalised dialogue, feedback, transparency, trust and cooperation between the Government and the trader community.
August 26, 2026
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Competition clearance for full acquisition permits Cyient to acquire Tao Digital Solutions, a global digital transformation and technology services provider.
Competition Commission of India approved Cyient Limited's acquisition of 100% of Tao Digital Solutions Inc.'s share capital from its existing shareholders. The full share capital acquisition transfers complete ownership of Tao Digital Solutions to Cyient. Tao Digital Solutions provides global digital transformation and technology services, including product engineering, managed services, cybersecurity, payments, digitization and AI, cloud services, and data services, and operates in India through its wholly owned subsidiary, Tao Digital India Private Limited.

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BJP-led Delhi govt presents Rs 1-lakh-cr budget with focus on Yamuna cleaning, women empowerment

March 25, 2025

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New Delhi, Mar 25 (PTI) Chief Minister Rekha Gupta on Tuesday presented a Rs 1 lakh crore Budget for 2025-26 with 10 focus areas, including Yamuna cleaning, women empowerment, infrastructure development, water, smart governance and seamless connectivity, while terming it a roadmap for "Viksit Delhi".

The education sector got the highest allocation of Rs 19,291 crore, up by 19.29 per cent from the previous budget, followed by health with Rs 12,893 crore and transport with Rs 12,952 crore.

In her 138-minute speech, Gupta also focused on infrastructure development projects, announcing that the BJP-led Delhi government has doubled capital expenditure to Rs 28,000 crore in the 2025-26 Budget.

The total Budget outlay for 2025-26 marks a 31.5 per cent increase from the previous year. To combat pollution in Delhi, Rs 300 crore has been set aside by the BJP government.

The chief minister, who also holds the finance portfolio, announced a comprehensive Rs 1,500-crore plan to clean the Yamuna River and improve Delhi's sewage infrastructure, marking an ambitious river rejuvenation effort in the national capital.

The plan includes the construction of 40 decentralised sewage treatment plants (STPs), modernisation of existing STPs, and investment in advanced machinery to tackle waste and pollution.

The Delhi government will set up 100 Atal Canteens across the national capital, allocating Rs 100 crore to fund the project.

Shifting of Tihar Jail to a new location, education hub in Narela, two new medical colleges, setting up of a modern cow shelter, pilot project for eliminating overhead electric wires, free laptops for 1,200 students passing Class X, welfare boards for gig workers and auto-taxi drivers, new industrial policy and global investment summit are among the key initiatives announced in the Budget.

The government will also establish "Integrated Command and Control Center (ICCC)" for real-time monitoring of various environmental parameters like air quality, water quality, noise levels and waste management, among others.

Presenting the Budget in the assembly, Gupta quoted the 19th-century legendary poet Mirza Ghalib, underscoring the city's importance, "Ek roz apni rooh se pucha ki Dilli kya hai, toh yun jawaab mein keh gayi, yeh duniya maano jism hai aur Dilli uski jaan." (One day I asked my soul what Delhi is, so I replied, This world is like a body, and Delhi is its soul.).

To empower women and enhance their safety, the Delhi government announced a host of welfare schemes, including a monthly honorarium of Rs 2,500, installation of 50,000 CCTV cameras, introduction of Pink PCR (all-female police assistance) units and financial aid of Rs 21,000 for expecting mothers.

She said that the government would launch the Mahila Samridhi Yojana (MSY) with an allocation of Rs 5,100 crore.

To curb alleged corruption in the free-bus ride scheme for women, the government will also replace pink tickets with smart cards.

The chief minister called the maiden Budget of the BJP-led Delhi government "historic", emphasising that the era of "corruption and inefficiency" was over.

This is the first Budget presented by a BJP-led government in Delhi in over 26 years, following the party's victory over the Aam Aadmi Party (AAP) in last month's Assembly elections.

Gupta said that the Budget is the first step to develop the national capital. "Delhi went down in every aspect of development in the past decade. The previous government ruined the economic health of the national capital like termites," she said.

She attacked the Arvind Kejriwal-led AAP that ruled Delhi for 10 years for allegedly neglecting basic amenities in slum clusters of the city while building a "Sheesh Mahal".

The chief minister also took a jibe at the opposition AAP MLAs in the Assembly, by saying in a lighter vein that the "Sheesh Mahal" will be included in the tourist circuit of Delhi for people to visit it.

Taking a dig at the AAP, Gupta recited lines of renowned poet Bashir Badr, "Dil ki basti puraani dilli hai, jo bhi guzra hai, usne lootaa hai" (The locality of my heart is old Delhi, whoever has passed through, has looted it).

Meanwhile, Leader of Opposition Atishi slammed the Delhi budget, calling it a "hawa hawai budget" and labelling it "baseless and unrealistic".

She accused the BJP of slashing key allocations to essential sectors like education, health, and municipal services, saying the budget reveals the government's "intent to weaken public services".

"For the first time in 10 years, the education budget has fallen below 20 per cent, showing their agenda to destroy government schools. Health spending has also been cut to 13 per cent - the lowest in a decade - to dismantle free treatment services for the poor," she said.

According to budget documents, capital expenditure has been proposed at Rs 28,115.48 crore in 2025-26 against budget estimates of Rs 15,089.25 crore in the last year.

The chief minister tabled in the Assembly a budget of Rs 1 lakh crore for 2025-26 which will primarily be funded through tax revenue of Rs 68,700 crore, non-tax revenue, grant-in aids from the Centre and other sources.

The tax revenue will comprise Rs 41,000 crore from GST collection, Rs 8,000 crore from VAT, Rs 9,000 crore from stamp and registration fees, Rs 7,000 crore from state excise and Rs 3,700 crore from taxes on vehicles.

In a key infrastructural move, the Delhi government has set aside Rs 6,897 crore for the Municipal Corporation of Delhi.

The chief minister said that there is a plan to enhance the court infrastructure by adding 200 more courtrooms to the existing 690 court halls in Delhi, especially at Shastri Park, Karkardooma and Rohini, for which a budget provision of Rs 490 crore has been made.

A major focus has also been placed on clean drinking water and sanitation, with Rs 9,000 crore allocated for related projects.

The Delhi government has allocated Rs 1,000 crore for improved transport links connecting NCR, and a total outlay of Rs 12,952 crore for the transport sector.

Gupta announced that the government aims to make Delhi an investment- and innovation-friendly city. To achieve this, a new industrial policy and a new warehouse policy will be introduced. A Traders' Welfare Board will also be established.

Furthermore, Delhi will host its first-ever 'Global Investment Summit', which will be held every two years. To support small-scale industries, Rs 50 crore has been earmarked for skill development programs, including bee-keeping.

In a major cultural initiative, the Delhi government will host an 'International Film Festival' with a budget allocation of Rs 30 crore. The government has also allocated Rs 696 crore for the development in slum clusters.

The budget also proposed creation of 'Chief Minister Development Fund', with a provision of Rs 1,400 crore for fund allocation to developmental projects and complementing the efforts already made under other schemes and initiatives of the government. PTI MHS VIT NSM SHB BM BUN BAL MR

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