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    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
    SC upholds NCLAT order setting aside CCI's Rs 301.6-cr penalty on Grasim Industries
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    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
    Show AI Summary
    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
    Show AI Summary
    Biometric identification of protesters through alleged fingerprint-Aadhaar linkage was described alongside criminal-background profiling and database creation.
    Biometric identification of protesters through fingerprints recovered from alleged stone-pelting evidence was publicly described as a proposed investigative method. A minister stated that fingerprints allegedly found on stones would be linked with Aadhaar numbers to identify participants and examine their prior records. The account also referred to analysis and categorisation of detained protesters' criminal backgrounds, creation of a separate database, and proposed action against participants described as anti-social elements or persons with criminal records.
    July 31, 2026
    Show AI Summary
    Offshore hydrocarbon exploration support funds high-risk deepwater drilling, shared infrastructure and data acquisition to strengthen domestic energy production.
    The National Offshore Exploration Scheme provides public support for deepwater and ultra-deepwater oil and gas exploration, including seismic and offshore data acquisition, exploratory drilling in frontier basins, and common production and evacuation infrastructure. It addresses the high cost and geological uncertainty of offshore drilling and includes technology adoption, digital programme management, capacity building and collaboration measures. The scheme seeks to expand domestic hydrocarbon discoveries and production, attract investment across the exploration and production value chain, and reduce reliance on imported oil and gas.
    July 31, 2026
    Show AI Summary
    Foreign exchange reserves increased as foreign currency assets and gold holdings rose, alongside measures to attract forex inflows.
    India's foreign exchange reserves increased during the reporting week, principally because foreign currency assets and gold reserves rose. Foreign currency assets, expressed in United States dollar terms, include valuation effects from movements in currencies such as the euro, pound and yen. Special Drawing Rights and the reserve position with the International Monetary Fund declined. Measures including the FCNR(B) measure were reported as efforts to attract foreign-exchange inflows following rupee pressure and dollar-sales intervention.
    July 31, 2026
    Show AI Summary
    Digital marketplace access for women's self-help group products expands e-commerce opportunities while panchayat-level citizen services are strengthened.
    Digital marketplace access for women's self-help group products is proposed through a memorandum of understanding between CSC eStore and the Jharkhand State Livelihood Promotion Society. Products marketed under the 'Palash' and 'Adiva' brands are intended to be offered through an e-commerce network to widen market access, support rural women's income and entrepreneurship, and strengthen the rural economy. Digital panchayat services are also being expanded through Common Service Centres, including banking, e-governance and Aadhaar-related services.
    July 31, 2026
    Show AI Summary
    Agricultural export facilitation expands market access for late-season mangoes through farmer aggregation and direct global market linkages.
    Agricultural export facilitation enabled an air shipment of late-season Neelam and Totapuri mangoes to an international market, expanding market access and extending the mango export season. Direct sourcing through a Farmer Producer Company supported organised aggregation, quality produce, and export-oriented supply chains. Direct procurement and export market linkages enabled participating farmers to realise higher returns than conventional market channels while promoting horticultural export diversification.
    July 31, 2026
    Show AI Summary
    Cross-border digital payment integration enables real-time Favara transfers from Maldives mobile banking applications to UPI-enabled accounts in India.
    Cross-border digital payment integration between Favara and UPI enables individuals in the Maldives to make real-time person-to-person transfers to UPI-enabled bank accounts in India through mobile banking applications. Transfers are initiated in Maldivian Rufiyaa and credited in Indian Rupees. The initial service is available through participating Maldivian banks. Permitted remittances include family-maintenance transfers under foreign inward and outward remittance categories, and gift-related transfers under foreign outward remittance. Future phases are intended to introduce QR-based merchant payments and other digital payment services.
    July 31, 2026
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    Procedural Fair Hearing in competition inquiries requires notice when the Commission departs from investigative findings before imposing action.
    Competition law procedure requires the Competition Commission to notify and hear an opposite party when departing from the Director General's findings. The penalty order concerning alleged abuse of dominance in viscose staple fibre supply was set aside because Grasim Industries was not given an opportunity to respond to the Commission's disagreement with the investigative findings. The matter was remanded for fresh, time-bound consideration without a finding on the merits.

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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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