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    MP industrial corporation, Amazon ink pact to accelerate e-commerce exports
    Following are the top foreign stories at 2015 hours
    Pending civil suits, arbitral claims stand abated after resolution plan approved under IBC: SC
    India'€™s forex kitty jumps USD 964 mn to USD 675.15 bn
    Rupee rises 14 paise to close at 96.28 against US dollar
    Office of Economic Adviser to Release Revised Index of Core Industries Series with Base Year 2022–23
    Fourth Edition of IICA’s National Conference on Responsible Business Conduct (NCRBC) 2026 held in New Delhi
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    US Senate bill seeks 100% tariffs on India, 4 other nations for buying Russian oil
    NRIs can bring USD 70-80 bn into India through FCNR deposits: expert
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    India Achieves Major Milestone at Codex Commission with Adoption of Three Global Standards for Spices
    Centre for Trade and Investment Law launches guidebook to help Indian MSMEs expand into global markets
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    Chhattisgarh govt departments owe Rs 3,117 crore in power bills, assembly told
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    July 17, 2026
    Show AI Summary
    E-commerce export promotion supports Madhya Pradesh businesses through global marketplace access, exporter readiness, and a cross-border export roadmap.
    A memorandum of understanding supports Madhya Pradesh businesses, including MSMEs, entrepreneurs, direct-to-consumer brands, manufacturers, weavers, artisans and producers, in accessing international customers through the Amazon Global Selling programme. The collaboration will improve e-commerce export awareness, exporter readiness and knowledge sharing, while developing a state export roadmap with policy and infrastructure recommendations. It will also identify interventions relating to logistics, access to finance, payment reconciliation and regulatory enablers for cross-border exports.
    July 17, 2026
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    Russian oil purchase tariffs and tighter visa oversight reshape trade exposure and immigration compliance for foreign nationals.
    Proposed trade tariffs on purchases of Russian oil would target specified countries, including India and China, while exempting European purchasers of Russian gas. Separately, tighter United States visa regulations for international students, exchange visitors and journalists would end a long-standing arrangement allowing indefinite residence without government oversight. The reported changes may materially affect foreign nationals, including Indian nationals, through differentiated trade treatment and enhanced immigration compliance requirements.
    July 17, 2026
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    Clean slate doctrine extinguishes uncrystallised operational claims and pending proceedings once an approved insolvency resolution plan becomes binding.
    The clean slate doctrine under the Insolvency and Bankruptcy Code is described as abating or extinguishing pending civil suits and arbitration involving pre-insolvency operational claims that had not crystallised into determinable and quantifiable amounts before resolution-plan approval. Claims must be submitted to and determined by the resolution professional, and only crystallised claims incorporated in the approved plan remain payable under its prescribed treatment. Once final, the creditor list and approved plan bind all stakeholders.
    July 17, 2026
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    Foreign exchange reserves rose as foreign currency assets, gold, Special Drawing Rights and IMF reserve position increased.
    Foreign exchange reserves increased during the reporting week, principally because foreign currency assets rose. Reserve components include foreign currency assets, gold reserves, Special Drawing Rights and the reserve position with the International Monetary Fund. Foreign currency assets, expressed in dollar terms, reflect valuation effects arising from movements in non-US currencies held in the reserves. Gold reserves, Special Drawing Rights and the reserve position with the International Monetary Fund also increased.
    July 17, 2026
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    Rupee exchange-rate movement stabilised after possible central bank intervention, while oil prices and foreign fund flows sustained pressure.
    The rupee strengthened against the US dollar following four declining sessions, reportedly amid possible Reserve Bank of India intervention. Elevated West Asia tensions, higher crude-oil prices and cautious foreign fund flows continued to weigh on the currency, despite consolidation in the absence of major domestic triggers. Market participants were expected to monitor global developments, crude-oil movements and foreign institutional investor activity for the next directional move.
    July 17, 2026
    Show AI Summary
    Revised Index of Core Industries adopts a new base year, adds Iron Ore, and aligns production measurement methodology.
    The revised Index of Core Industries adopts 2022-23 as its base year and replaces the 2011-12 series. Its weights are derived from the 2022-23 Index of Industrial Production and redistributed pro rata to total 100. Iron Ore is added as a core industry, expanding the basket to nine industries. The Steel Index will use gross production data for consistency with the Index of Industrial Production. In the Coal sector, only Raw Coal is retained; Coal Middlings and Washed Coal are excluded to prevent double counting.
    July 17, 2026
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    Sustainability reporting discipline requires credible disclosures, board-level integration, data assurance and proportionate ESG implementation across business value chains.
    ESG-led responsible business conduct requires sustainability disclosures that are relevant, comparable, evidence-based and verifiable, supported by reliable systems, internal controls, documentation, traceability and independent examination. Sustainability should be integrated into board-level decision-making, fiduciary responsibilities, risk management and long-term enterprise value. Stronger governance, accountability and data-assurance frameworks are needed to address greenwashing, with proportionate reporting, technology and capacity-building supporting implementation across value chains and MSMEs.
    July 17, 2026
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    Promoter shareholding increase through market purchases remains within creeping acquisition limits and signals confidence in long-term growth prospects.
    Promoter and promoter-group shareholding in Reliance Industries Ltd increased by nearly 0.5 percentage points through market purchases during the June quarter. The purchases were reported to be within SEBI creeping acquisition limits, allowing gradual promoter acquisitions without triggering a mandatory open offer where prescribed thresholds are met. The increase may strengthen promoter control and marginally reduce public float, and was characterised as reflecting confidence in long-term growth, earnings trajectory and capital-allocation plans.
    July 17, 2026
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    Tariffs on Russian oil purchasers would target sanctions evasion, with reassessment mechanisms and limited energy-sector exemptions proposed.
    Proposed United States Senate legislation would impose mandatory tariffs on imports from leading purchasers of Russian oil or gas and leading facilitators of Russian oil-sanctions evasion. It provides for periodic reassessment and tariff adjustments, while exempting qualifying countries reducing Russian gas imports. Russian uranium purchases for specified nuclear and medical needs, and certain nuclear and space cooperation activities, would be excluded.
    July 17, 2026
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    Foreign currency non-resident deposits enable overseas Indians to invest foreign earnings while supporting India's foreign-exchange reserves.
    Foreign Currency Non-Resident deposits allow Non-Resident Indians and Persons of Indian Origin to maintain overseas earnings as foreign-currency fixed deposits with Indian banks without conversion into Indian rupees. Banks may offer enhanced interest rates for a limited period under an initiative intended to strengthen foreign-exchange reserves and support the rupee. The framework covers the investment process, regulatory requirements, taxation aspects and advantages for eligible overseas investors.
    July 17, 2026
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    GST compliance management integrates reconciliation, input tax credit support, invoicing and statutory monitoring within an AI-powered enterprise platform.
    The unified cloud platform combines accounting, manufacturing, inventory, procurement, human resources, payroll, compliance, reporting and document management with an embedded AI agent. Its compliance functions include GST validation, purchase-register reconciliation with GSTR-2B, input tax credit support, supplier filing-gap detection, e-invoicing, e-way bills, TDS and statutory due-date tracking. Financial and operational workflows are intended to use common real-time data, with automation for invoices, journal entries, reconciliations, reporting, workflow approvals and compliance-risk monitoring.
    July 17, 2026
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    Institutional trade cooperation expands through industry MoUs, supporting investment, innovation and technology partnerships across strategic economic sectors.
    Bilateral trade and investment cooperation was advanced through ministerial discussions and industry engagements concerning financial markets, innovation, enterprise financing and commercial relations. Two institutional Memoranda of Understanding established mechanisms for industry collaboration and greater business engagement. Sector-specific interactions covered digital and frontier technologies, space, clean energy, bioeconomy, circular economy, infrastructure and advanced manufacturing, focusing on collaboration, investment and technology partnerships.
    July 17, 2026
    Show AI Summary
    Codex spice standards harmonise quality benchmarks for cardamom, coriander and vanilla, supporting trade consistency, market access and export competitiveness.
    Codex standards for large cardamom, coriander and vanilla establish harmonised international quality benchmarks following review by relevant committees on analytical methods, food additives and food labelling. The standards are intended to promote consistent quality requirements, facilitate trade, improve market access and support export competitiveness. India was also accepted as Co-Chair of an Electronic Working Group developing policy guidance on risk analysis for new food products.
    July 17, 2026
    Show AI Summary
    Export readiness for MSMEs strengthens global market access through trade intelligence, standards compliance, preferential origin rules and trade remedy awareness.
    Export readiness for Indian MSMEs is supported through practical guidance on identifying export opportunities, market-access requirements, trade intelligence tools, international standards, sustainability requirements and buyer identification. International expansion strategies include using preferential Rules of Origin and cooperation mechanisms under Free Trade Agreements, selecting export destinations, product positioning, diversification and value addition. Trade remedy awareness and guidance on unfair trade practices and import surges, together with institutional support, partnerships and trade-exhibition participation, can strengthen global competitiveness and integration into global value chains.
    July 16, 2026
    Show AI Summary
    Reciprocal tariff measures and multilateral dispute settlement are pursued in response to contested import duties.
    Reciprocal tariff measures are proposed in response to a new tariff on specified Brazilian imports allegedly involving unfair trade practices. Brazil rejects those allegations and proposes to use its reciprocity-law mechanisms, including reciprocal tariffs and other trade-related countermeasures, while pursuing multilateral dispute settlement. It maintains that trade investigations must conform to multilateral international-trade rules and notes that the tariff may burden exports and increase commercial uncertainty.
    July 16, 2026
    Show AI Summary
    Section 301 tariff authority offers a procedurally constrained route to replace temporary global import tariffs after emergency powers failed.
    Import-tariff authority is shifting from emergency-based measures to temporary and investigatory powers under the Trade Act of 1974. Section 122 supports a global tariff measure only for a limited period, whereas Section 301 permits tariffs or trade sanctions for unjustifiable, unreasonable, or discriminatory foreign trade practices after required public-comment and hearing procedures. Current Section 301 investigations concern forced-labour imports and alleged overproduction by trading partners. A more rule-bound tariff framework may reduce, but not eliminate, commercial uncertainty, and broad use of Section 301 for near-universal tariffs may face legal challenge.
    July 16, 2026
    Show AI Summary
    International food-safety and phytosanitary compliance supports premium cherry and plum exports from Jammu and Kashmir to Singapore.
    Export of premium cherries and plums from Jammu and Kashmir to Singapore was facilitated to expand overseas market access for temperate fruits. The produce underwent scientific cultivation, optimum-maturity harvesting, grading, sorting, packing and cold-chain handling in compliance with international food-safety and phytosanitary standards. The initiative highlights quality enhancement, market development, logistics, export-oriented production and improved post-harvest management for horticultural exports.
    July 16, 2026
    Show AI Summary
    Electricity bill recovery and prepaid departmental billing are presented alongside independent tariff regulation and rooftop solar promotion.
    Electricity-payment arrears were reported against government departments and non-government consumers. Tariffs are determined independently by the State Electricity Regulatory Commission on factors including power-purchase costs, regulatory assets, the distribution company's financial position and public hearings. Recovery from non-government consumers is undertaken under the Electricity Supply Code, while a pre-paid billing system is being implemented for government departments to improve payment compliance. Rooftop solar installations are also being promoted to reduce household electricity bills.
    July 16, 2026
    Show AI Summary
    Rupee depreciation pressures intensify as elevated crude prices, foreign capital outflows and geopolitical tensions weigh on exchange markets.
    The rupee weakened for a fourth consecutive session amid elevated crude oil prices, a stronger dollar index and foreign capital outflows, with rising oil import costs adding to balance-of-payments pressures. Reserve Bank of India data showed an overall balance-of-payments deficit during the first two months of the fiscal year, although the current account recorded a surplus for April-May 2026. Geopolitical tensions and Strait of Hormuz risks were cited as supporting high crude prices, while possible Reserve Bank intervention could support the rupee.
    July 16, 2026
    Show AI Summary
    Zero-duty India-UK trade under CETA begins with jewellery and coffee consignments, supported by exporter compliance guidance.
    India-UK CETA introduced a low- or zero-tariff regime covering about 99 per cent of tariff lines for Indian exports to the United Kingdom. Initial zero-duty jewellery and coffee consignments reached the UK under the agreement. CETA is intended to improve market competitiveness, strengthen supply chains and support businesses, exporters, importers and investors. A dedicated facilitation forum and a guide to UK import standards and regulatory requirements support Indian exporters, particularly small and medium enterprises, in navigating the post-CETA trading regime.

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      Experience Jeep Meridian and Future Mobility at Connected, Autonomous & Electric Vehicle EXPO 2025

      April 15, 2025

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      Bengaluru, Karnataka, India – Business Wire India The Connected, Autonomous & Electric Vehicle EXPO 2025 — Asia’s premier platform for next-gen mobility — is set to bring together the entire AutoTech ecosystem on 24–25 April at the KTPO Convention Center, Bengaluru. With over 200+ vehicle and product displays, 60+ expert speakers, and 12+ knowledge sessions across 11,000 sq. meters of exhibition space, the EXPO promises a comprehensive showcase of emerging trends transforming the future of transportation.

      Speaking about the event, Kumar Priyesh, Brand Director, Jeep India shared, "We’re thrilled to be part of the Connected, Autonomous & EV EXPO 2025, a definitive platform that brings together the brightest minds and boldest innovations shaping the future of mobility. At Jeep India, we see connectivity as the bridge between heritage and the future—empowering the Jeep Range from the Compass to the Flagship Grand Cherokee delivers more than just a drive, but a truly intelligent, secure, and personalized experience. As the industry evolves toward software-defined vehicles and advanced mobility ecosystems, our focus remains on integrating cutting-edge technology without compromising the core values of adventure, capability, and trust that define Jeep. We look forward to engaging with AutoTech leaders and enthusiasts alike at this exciting convergence of ideas and innovation." During the two-day conference and exhibition, participants will engage in thought-provoking discussions, celebrate cutting-edge innovations at the People’s Choice Award ceremony, and network with mobility leaders from around the world. From connected mobility and V2X infrastructure to EVs, cybersecurity, semiconductors, and breakthrough technologies like IoT, AI, machine learning, 5G, and data analytics—the EXPO offers a deep dive into the topics shaping the future of mobility.

      At this year’s edition, attendees will witness some of the most advanced innovations in mobility come to life. Among the many leading players driving this transformation, Jeep India will showcase the tech-powered Jeep Meridian, offering attendees a close look at how intelligent, connected, and adventure-ready true blue SUVs are evolving in the era of software-defined vehicles (SDVs), electrification, and advanced driver-assistance systems (ADAS). The Jeep Meridian will be on display at booths HB 170, 171, 172 & 173, HALL B, KTPO.

      The EXPO offers more than just product and vehicle showcases—it’s a powerful platform for the entire AutoTech ecosystem to come together for conversation, collaboration, and innovation that will shape what comes next.

      A Powerhouse Lineup of Industry Voices The EXPO will host top minds and changemakers from across the industry, with high-impact keynotes and panel discussions. Some of the key speakers include: • Ramachandran R, IAS, Managing Director, BMTC • Raghavendra Vaidya, MD & CEO, Daimler Truck Innovation Center India (DTICI) • Gaurav Joshi, Deputy Secretary - Manufacturing Sector, Ministry of Heavy Industries • GK Senthil, Chief Executive Officer, Toyota Connected India • Sri Hari Vikram, Chief of Staff | Head of SW Business Operations, Stellantis • Gopalakrishnan VC, Director Automotive and EV, Government of Telangana • Balaji Sethuraman, Vice President, R&D | Software, Data, AI & Virtualization, Mercedes-Benz Research and Development India • Hitesh Garg, Vice President and India Country Manager, NXP Semiconductors • Vineet Shukla, Vice President - EE Systems, Renault Nissan Technology Business Centre India • Puneet Aggarwal, Head - Smart Mobility, Sustainable IoT, JioThings Ltd.

      • Akhilesh Srivastava, Road Safety Ambassador - IRF, President ITS INDIA • Dr. Amod Jai Ganesh A., Director of Engineering, Harman Automotive • Angelin Mary GP, Vice President - Vehicle Software, Daimler Truck Innovation Center India • Vishal Bajpai, Co-Founder & CEO, SecureThings • Vishal Saraswat, Head - Research & Innovation, Cybersecurity Practice, Bosch Global Software Technologies • Vadiraj Katti, CEO and Co-Founder, iTriangle • Hariharan Lakshminarayanan, Group Product Manager (SDV), Stellantis • Vinayaka Nagaraja, Head of ADAS Development Center, Japan, Korea and India Market, Continental • Vivek Dhawan, Chief Strategy Officer, Omega Seiki Mobility • Shankar Venugopal, Vice President, Mahindra & Mahindra • Rajesh Desikan, Head of Product Software Engineering, Ford Mobility India • Dinesh Arjun, Co-Founder, Raptee.HV • Mahesh Padmanabh, Head of Electrical Systems, River Mobility • Chandrashekar M S, Director India Centre Connected Solutions, UD Trucks • Ujjwala Karle, Deputy Director Technology Group, ARAI • Ajay Mittal, General Manager - Analytics and Digital, VE Commercial Vehicles • Dhrubajyoti Sarma, Senior VP, Global Head - Connected Vehicles and Body Electronics, KPIT • Piyush Laddha, Group Product Owner, Jaguar Land Rover Sponsors from across the AutoTech landscape are coming together to power the EXPO. Some of the companies joining include SecureThings, iTriangle, Jeep, Toyota Connected India, Hexagon, Vector Informatik India, Teltonika, Taoglas, KNOT Consulting LLP, Virya Autonomous Technologies, KPIT, Satyam Venture, Fibocom, Zilogic Systems, Howen Technologies and Parry Technology.

      Along with them, many other prominent companies across the mobility ecosystem will be participating as exhibitors—making this a dynamic forum to spark conversations, forge partnerships, and shape the next chapter of automotive innovation.

      The EXPO is further supported by prominent institutions and government bodies, including the Ministry of Electronics & IT (MeitY), Ministry of MSME, BMTC, iCAT, ARAI, NATRAX, Government of Telangana, IoTSF Bangalore Chapter, and CIRT. Adding to the collaborative spirit, the event is backed by esteemed association partners like EMFAI, GCPIT, and SAE India, and enriched by insights from knowledge partners such as TiHAN IIT Hyderabad and HUB DATA IIT Hyderabad.

      Join us at Connected, Autonomous & Electric Vehicle EXPO as a Delegate or Visitor. Entry to the exhibition is free of cost, and registration is open now at https://futuremobilitymedia.events Don’t miss this opportunity to explore, engage, and be part of India’s most influential platform for the future of mobility.

      About Future Mobility Media Future Mobility Media is a leading platform dedicated to shaping the future of transportation through knowledge-sharing, innovation showcases, and meaningful industry dialogue. As the organiser of high-impact events, exhibitions, and conferences, Future Mobility Media brings together key stakeholders from the automotive, mobility, and sustainable transportation sectors. With a focus on emerging technologies, policy trends, and startup ecosystems, the platform plays a pivotal role in accelerating the shift toward smarter, safer, and more sustainable mobility in India and beyond.

      For more information, please visit https://futuremobilitymedia.events To View the Image, Click on the Link Below: Experience Jeep Meridian and Future Mobility at Connected, Autonomous & Electric Vehicle EXPO 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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