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    PM hails operationalisation of India-UK CETA; says it will give fresh momentum to farmers, MSMEs
    India-UK trade pact comes into force
    Rayzon Solar Achieves NABL Accreditation for Its R&D Laboratory, Elevating Standards in Solar Manufacturing Excellence
    China's economy grew at 4.3% annual pace in 2nd quarter, slowest since late 2022
    Industry celebrates 'landmark' FTA entry into force to catalyse India-UK trade
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    US Senators unveil bill for 100 per cent tariffs on India, four others for buying Russian oil
    PNB case: Nirav Modi's sister wants to record her statement via video conference
    Rupee falls 48 paise to close at 96.16 against US dollar
    RBI guv asks banks to leverage advanced technologies
    Punjab offers immense opportunities in Textile sector; CM urges entrepreneurs to invest
    Mahadev betting app PMLA case: ED arrests Ebix chairman Vikas Garg
    Direct taxes grow 16 pc to Rs 6.51 lakh crore so far on faster corporate tax mop-up
    Gurugram realty 'fraud': SC transfers money-laundering case involving Amit Katyal to Delhi
    Import of goods produced through use of forced labour prohibited: Govt
    CID chief Supratim Sarkar shifted in major police rejig; Jayraman moved to Economic Offences wing
    A Swadeshi Blueprint for a Rs.3000 Trillion Bharat: The BGIF Story
    International-level market to be set up near Vadhvan Port to boost farm exports: Minister
    India, China trade rises to USD 91.72 bn in first 6-month, trade deficit widens to USD 67.1 bn
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    July 15, 2026
    Show AI Summary
    India-UK trade agreement operationalisation expands market access, tariff reductions, skilled mobility and social security support for enterprises and professionals.
    The India-United Kingdom Comprehensive Economic and Trade Agreement is intended to facilitate greater two-way movement of goods and services through tariff reductions and stronger access to the UK market for farmers, entrepreneurs, MSMEs and other sectors. Together with the Agreement on Social Security, it is described as promoting cooperation in technology, professional services and innovation, supporting mobility for skilled Indian talent, and assisting Indian professionals temporarily working in the UK.
    July 15, 2026
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    Zero-duty market access under the India-UK trade pact expands opportunities for domestic goods, enterprises, professionals and skilled mobility.
    The India-UK Comprehensive Economic and Trade Agreement has been operationalised, enabling a range of domestic goods to enter the UK market at zero customs duty and expanding market access for Indian farmers, entrepreneurs and micro, small and medium enterprises. A social security agreement has also entered into force to support Indian professionals temporarily working in the UK, improve enterprise competitiveness, and complement cooperation in technology, professional services, innovation and skilled-worker mobility.
    July 15, 2026
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    Accredited photovoltaic module testing strengthens reliability validation, safety qualification, and in-house product development under internationally recognised laboratory quality standards.
    NABL accreditation under ISO/IEC 17025:2017 recognises a photovoltaic module laboratory's technical competence to conduct testing through accepted procedures, calibrated equipment, qualified personnel and quality-management controls. Its scope includes module design and safety qualification, degradation testing and high-temperature operating-condition assessment. Environmental, electrical and mechanical evaluations-including thermal cycling, damp heat, humidity freeze, UV exposure, mechanical loads, leakage current, insulation and power testing-support design verification, reliability analysis, manufacturing consistency and product development.
    July 15, 2026
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    Export-led growth exposes weak domestic demand as high-technology manufacturing support raises trade imbalance and employment concerns.
    China's growth has become increasingly reliant on strong exports of high-technology manufactured products, while domestic consumption and investment remain weak. Household spending is constrained by the property-sector downturn and uncertainty over jobs and wages. Policy support and investment in artificial intelligence, robotics and advanced manufacturing have strengthened exports but raised concerns about trade imbalances, excess production capacity and employment creation. The policy direction identified is to strengthen the domestic market and maintain employment while pursuing higher-quality growth.
    July 15, 2026
    Show AI Summary
    India-UK trade agreement enables tariff reductions, market access and digital trade facilitation for expanded cross-border commerce and investment.
    India-UK Comprehensive Economic and Trade Agreement (CETA) entered into force, establishing tariff reductions, expanded market access and greater certainty for cross-border trade and investment. Its 30 chapters cover trade in goods and services, sanitary and phytosanitary measures, technical barriers to trade, digital trade, intellectual property and government procurement. Trade-facilitation and digital provisions are intended to improve cross-border commerce, while the framework supports bilateral business, investment and collaboration across services, manufacturing, technology and healthcare sectors.
    July 15, 2026
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    Equity market rebound follows softer United States inflation, supporting expectations of a less aggressive Federal Reserve policy stance.
    Indian benchmark equity indices rebounded in early trading, supported by bank and selected large-cap shares after the preceding session's decline. Softer-than-expected United States consumer inflation strengthened expectations of a less aggressive Federal Reserve monetary-policy stance and supported global risk sentiment. Stronger United States equities, generally positive Asian markets, Brent crude movements and foreign institutional investor equity sales were identified as relevant market factors.
    July 15, 2026
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    Foreign exchange market conditions lifted the rupee early, but crude prices, investor outflows and geopolitical tensions restrained gains.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar, while elevated crude oil prices, foreign institutional investor outflows, higher US Treasury yields and West Asia tensions limited gains. A weaker dollar and positive domestic equity-market opening provided support. Intensified US-Iran conflict and risks to regional energy exports contributed to higher crude prices and dollar demand. Higher wholesale price inflation and growth in net direct tax collection formed part of the domestic economic backdrop.
    July 15, 2026
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    Proposed geopolitical tariffs would target major purchasers of Russian oil, alongside broad sanctions on Russia's economic sectors.
    Proposed United States legislation would authorise tariffs of up to 100 per cent on India, China, Slovakia, Hungary and Azerbaijan as major purchasers of Russian oil. It also contemplates broad blocking sanctions affecting Russia's energy, financial and defence sectors and designated persons. The tariffs would be narrowly targeted and subject to restricted waiver authority, while certain European purchasers of Russian gas would be exempted based on limited dependence and efforts to reduce reliance on Russia.
    July 14, 2026
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    Video-conference statement request in PNB fraud case pending decision on approver plea, with prosecution reply sought
    Purvi Modi, an accused in the Punjab National Bank fraud case, has sought permission to record her statement before the special CBI court through video conference. She has applied to become an approver, and the CBI has stated that her statement should be recorded before that application is decided. The court has sought the prosecution's response. Purvi Modi and her husband have already become approvers in a related money-laundering investigation conducted by the Enforcement Directorate.
    July 14, 2026
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    Rupee depreciation reflects crude oil pressures, safe-haven dollar demand, widening trade deficit, and rising global economic uncertainty
    The Indian rupee depreciated against the US dollar amid higher crude oil prices, renewed geopolitical concerns, increased safe-haven demand for the dollar, and rising global bond yields. Higher crude prices increased India's dollar-denominated import requirements, widened the trade deficit, and intensified foreign-exchange outflows. Merchandise exports increased year-on-year, but the trade deficit widened because of stronger imports. Wholesale price inflation also rose, while net direct tax collections increased on account of higher corporate tax receipts.
    July 14, 2026
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    Advanced technology in banking requires cybersecurity, internal controls, fraud prevention, and safeguards against data misuse.
    Banks were encouraged to use advanced technologies, including artificial intelligence, to expand their reach, improve operational efficiency, reduce costs, and enhance customer experience. This approach must be supported by robust cybersecurity, strong internal controls, and safeguards against fraud and misuse of data. The banking sector was also urged to serve all segments of the economy prudently, strengthen customer service, and consider developments involving the Central KYC Records Registry, counterfeit currency detection, MuleHunter, central bank digital currency, the Unified Lending Interface, Account Aggregator, FX Retail, and Retail Direct.
    July 14, 2026
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    Textile investment opportunities: Punjab promotes integrated value chains, single-window approvals, infrastructure, and export-focused industrial growth.
    Punjab's industrial policy aims to attract textile investment, expand employment and exports, and provide an industry-friendly environment through time-bound approvals, single-window and single-pen systems, and reduced bureaucratic obstacles. Punjab is promoted as having a complete textile value chain covering cotton cultivation, spinning, yarn, fabrics, knitting, processing, garments, manufacturing and exports. Its investment ecosystem is described as offering power tariffs, land facilities, transparent approvals, infrastructure and the Right to Business Act, while industry participation is encouraged to strengthen innovation, exports and inclusive economic growth.
    July 14, 2026
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    Betting proceeds laundering allegations link layered transactions and asset acquisitions to the Mahadev online betting syndicate investigation
    The Enforcement Directorate arrested Ebix Group chairman Vikas Garg under the Prevention of Money Laundering Act in an investigation concerning alleged laundering of proceeds from Mahadev Online Book and Skyexchange betting operations. The agency alleges that betting proceeds were routed through hawala entries, shell entities and layered transactions into entities owned or controlled by Garg, and used to acquire shares, securities and other assets. It further alleges that Garg acquired a controlling stake in EbixCash using such funds. The investigation concerns a franchise-based betting syndicate operating through multiple online platforms.
    July 14, 2026
    Show AI Summary
    Corporate tax growth strengthens direct tax collections, reflecting resilient profitability, advance tax payments, and improving compliance
    Net direct tax collections rose by 16.40 per cent to over Rs 6.51 lakh crore up to July 13, driven mainly by a 22 per cent increase in net corporate tax collections. Net non-corporate tax collections also increased, while Securities Transaction Tax collections grew by 48 per cent. Gross direct tax collections rose by 16.11 per cent, and refunds increased by 14.57 per cent. The collection trend was associated with resilient corporate profitability, stronger corporate advance tax payments, continued compliance and increasing formalisation.
    July 14, 2026
    Show AI Summary
    PMLA territorial jurisdiction in homebuyer fraud permits concurrent forum competence where alleged proceeds were acquired and concealed across locations
    Money-laundering proceedings arising from alleged cheating of homebuyers in a Gurugram real-estate project were transferred to the Special PMLA Court at Saket, Delhi, with prosecution continuing from its existing stage. The jurisdictional issue involved alleged acquisition of proceeds of crime at Gurugram and concealment of attached proceeds in Delhi, creating simultaneous jurisdiction for the PMLA courts at both locations. The underlying allegations include collection of funds before project licensing, fraudulent bookings, diversion of project funds, undervalued land transfers during insolvency, and diversion of public-sector bank loans.
    July 14, 2026
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    Forced-labour import ban strengthens trade controls, with DGFT inquiry procedures and government power to restrict identified goods.
    The Foreign Trade Policy, 2023 prohibits the import of goods produced or manufactured, wholly or partly, through forced labour. The central government may prohibit specific goods where an inquiry or other relevant evidence indicates forced-labour production. The Directorate General of Foreign Trade will conduct inquiries under the procedure prescribed in the Handbook of Procedures, 2023. Forced labour is defined by reference to the ILO Forced Labour Convention, 1930, as work or service exacted under threat of penalty without voluntary offer by the person concerned.
    July 14, 2026
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    Police leadership reshuffle strengthens economic-offences investigations and reallocates senior officers across intelligence, security, and district policing
    West Bengal reorganised its police leadership by transferring 28 IPS officers and five WBPS officers across investigative, intelligence, telecommunications, correctional, traffic, cyber and district-policing assignments. N R Babu became head of the Criminal Investigation Department while retaining additional charge of prisons, and Supratim Sarkar moved from the CID to Telecommunications. K Jayraman was appointed Director of the Directorate of Economic Offences in the context of the government's stated focus on alleged financial irregularities. Other changes included new leadership for the Special Task Force, Intelligence Branch, Bidhannagar Police, the Narayani Battalion and several districts, including revised postings in Baruipur following serious criminal incidents.
    July 14, 2026
    Show AI Summary
    Industrial collaboration platform combines policy advocacy, regulatory guidance and cross-border manufacturing partnerships to advance India's global industrial ambitions
    BGIF is presented as a Swadeshi-oriented industrial collaboration and policy platform connecting businesses, policymakers, investors, technocrats and innovators. Its functions include policy advocacy, regulatory guidance, sector-specific insights, investment access, fundraising support, deal structuring and business expansion. The forum operates through domestic chapters and an international network, and reports engaging in freight-related policy advocacy, participating in pre-Budget consultations, and facilitating a memorandum of understanding between an Indian manufacturer and an overseas partner for manufacturing cooperation and technology exchange. Its roadmap includes further chapters, international partnerships, industry conclaves and policy dialogues.
    July 14, 2026
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    Integrated agricultural trade hub near Vadhvan Port aims to strengthen exports through cold chains, logistics, and transparent trading
    Maharashtra has approved an international-standard agricultural market at Dapchari in Palghar district near the upcoming Vadhvan Port. Developed by the Maharashtra State Agricultural Marketing Board, the project will combine an international market, a market of national importance and Agricultural Produce Market Committees. Planned infrastructure includes wholesale and import-export facilities, cold chains, grading and packaging units, multimodal logistics, warehouses, testing laboratories, container terminals, railway siding, e-auctions and an export facilitation centre. The project aims to support transparent trading, post-harvest value addition, reduced losses and improved agricultural exports.
    July 14, 2026
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    Bilateral trade expansion with China coincides with a widening deficit, as India seeks greater market access and investment
    Bilateral trade between India and China increased in the first half of 2026, while the trade imbalance widened in China's favour. Chinese exports included electronics, telecommunications equipment, semiconductors, batteries, machinery, computers, chemicals, plastics and polymers. Indian exports included minerals, refined fuels, chemicals, electronics, agricultural and marine products, metals, gems, jewellery and pharmaceuticals. India continues to seek improved Chinese market access for information technology, pharmaceutical and agricultural products, alongside greater Chinese investment in India. Discussions also focus on expanding the range of traded goods and applying consumer-protection mechanisms while enabling increased Indian exports.

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      PMLA / Black Money

      HIGHLIGHTS

      April 16, 2025

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      New Delhi, Apr 16 (PTI) Following are the top stories at 5 pm: NATION DEL17 CONG-ED-NATIONAL HERALD

      Will not be cowed down by such threats: Cong on ED chargesheet in National Herald case New Delhi: The Congress on Wednesday claimed that the ED chargesheet against Sonia Gandhi and Rahul Gandhi in the National Herald case only shows the panic and moral bankruptcy of the government, and said it will not be cowed down by such threats.

      DEL18 ED-LD VADRA

      Land deal linked money laundering case: ED questions Robert Vadra on day 2 New Delhi: Robert Vadra, the businessman brother-in-law of Leader of Opposition in Lok Sabha Rahul Gandhi, was questioned by the Enforcement Directorate on the second straight day on Wednesday in a 2008 Haryana land deal linked money laundering case.

      DEL19 NCW-MURSHIDABAD-VIOLENCE

      Murshidabad violence: NCW forms panel to probe 'molestation' of women, chairperson to visit affected areas New Delhi: The National Commission for Women (NCW) has constituted an inquiry committee to investigate alleged molestation and displacement of women during the recent communal violence in Murshidabad district of West Bengal, an official statement said on Wednesday.

      DEL23 KHARGE-ED-NATIONAL HERALD

      Despotic govt hell-bent on targeting Congress to whitewash its own sins: Kharge New Delhi: Congress president Mallikarjun Kharge on Wednesday hit out at the government after the ED chargesheet against Sonia Gandhi and Rahul Gandhi in the National Herald case, saying the "despotic" government is hell-bent on targeting the Congress to whitewash its own "sins".

      DEL24 VADRA-ED-POLITICS

      Targeted for being part of Gandhi family, will soon join politics: Robert Vadra New Delhi: Robert Vadra, businessman and brother-in-law of Leader of Opposition in Lok Sabha Rahul Gandhi, on Wednesday claimed he is being targeted by probe agencies as he is part of the Gandhi family and that things would have been different had he been part of the BJP.

      DEL33 ED-MAHADEV-LD SEARCHES

      Mahadev app case: ED searches EaseMyTrip co-founder Pitti in fresh raids New Delhi: The Enforcement Directorate on Wednesday searched the premises of online travel booking portal EaseMyTrip's co-founder Nishant Pitti as part of fresh multi-state raids in the Mahadev online betting app linked money laundering case, officials said.

      BOM21 GJ-2ND LD RAHUL

      In battle of ideologies, only Cong can trump RSS-BJP: Rahul; kicks off party revamp in Gujarat Modasa (Gujarat): Admitting Congress cadres seem "demoralised" in Gujarat, where the party is out of power for long, Lok Sabha MP Rahul Gandhi on Wednesday said only his outfit can defeat RSS-BJP as he sought to position the fight against the saffron rivals as an ideological duel.

      BOM19 MH-LADKI BAHIN-AADITYA

      Ladki Bahin scheme 'more or less finished', claims Aaditya Thackeray Nashik: Shiv Sena (UBT) leader Aaditya Thackeray on Wednesday claimed the Maharashtra government's flagship Ladki Bahin scheme has "more or less ended" and the ruling dispensation was planning to remove lakhs of women from the beneficiary list.

      CAL20 WB-MAMATA-2ND LD VIOLENCE

      Mamata claims Murshidabad riots pre-planned, fuelled by BJP, BSF; urges PM to rein in Shah Kolkata: West Bengal Chief Minister Mamata Banerjee on Wednesday termed the recent communal violence in Murshidabad as "pre-planned" and accused a section of the BSF, central agencies under MHA, and the BJP of fanning tension by allegedly facilitating cross-border influx from Bangladesh.

      CAL23 AS-GAURAV

      Disturbing collapse of law and order in Assam, alleges Gaurav Gogoi Guwahati: Senior Congress leader Gaurav Gogoi on Wednesday alleged that Assam is witnessing a "disturbing collapse" of law and order, and has become a police state where "intimidation and miscarriage of justice have become the norm".

      MDS7 KA-CASTE CENSUS-SIDDARAMAIAH

      'Caste census': Karnataka govt will ensure no injustice happens to anyone, says Siddaramaiah Kalaburagi/Bengaluru: Amid growing opposition to the Socio-Economic and Education Survey report, popularly known as the 'caste census', from various sections of society, Karnataka Chief Minister Siddaramaiah on Wednesday assured that his government will not let any injustice happen to anyone.

      LEGAL LGD22 SC-LD URDU

      Urdu finest specimen of Ganga-Jamuni tahzeeb, we must rejoice in our diversity: SC New Delhi: Urdu is born in this land, the Supreme Court has said while describing it as the finest specimen of 'Ganga Jamuni tahzeeb' and stating that considering it a language of Muslims is a "pitiable digression" from reality and unity in diversity.

      LGD37 SC-LD CJI

      CJI Khanna recommends appointment of Justice Bhushan Ramkrishna Gavai as next CJI New Delhi: Chief Justice of India Sanjiv Khanna on Wednesday recommended to the Centre the name of Justice Bhushan Ramkrishna Gavai as the next CJI.

      LGD41 SC-LD WAQF ACT

      Waqf case: Would Muslims be part of Hindu trusts? SC asks Centre New Delhi: If Muslims would be allowed to be a part of Hindu religious trusts, the Supreme Court on Wednesday asked the Centre while hearing pleas challenging the constitutional validity of the Waqf (Amendment) Act, 2025.

      LGD46 SC-2ND LD WAQF ACT

      Properties declared waqf including 'waqf by user' won't be denotified, SC proposes New Delhi: The Supreme Court on Wednesday proposed to order that the properties declared as waqf including "waqf by user" won't be de-notified but the Centre opposed the suggestion and sought a hearing before such a directive.

      BUSINESS DCM80 BIZ-GOOGLE-ADS

      Google suspends 2.9 mn ad accounts in India, removes 247.4 mn ads New Delhi: Internet giant Google suspended 2.9 million advertisers' accounts in India and removed 247.4 million ads in 2024 for abusing its advertisement policy, the company said in a report on Wednesday.

      DCM59 AVI-DGCA-PILOT FITNESS

      DGCA may review framework for pilot fitness, other aspects New Delhi: Aviation regulator DGCA is likely to review the framework in place for pilot fitness aspects and response system at airports in case of medical emergencies, according to a senior official.

      FOREIGN FGN18 US-INDIAN-STUDENT-LAWSUIT

      Indian student, three others file lawsuit against possible deportation from US New York: An Indian was among four students at Michigan public universities who have filed a lawsuit against their possible deportation after their student immigration status was terminated "unlawfully".

      FGN21 US-CHINA-TARIFF

      China now faces up to 245% retaliatory tariff: White House Washington: China now faces tariffs up to 245 per cent on imports to the United States due to its retaliatory actions, the White House has said, as the trade war escalated between the world's two largest economies.

      FGN22 CHINA-TRADE-2NDLD NEGOTIATOR

      China appoints new international trade representative after Trump’s call to resolve tariff deadlock Beijing: China on Wednesday appointed a new top international negotiator after US President Donald Trump said the ball is in Beijing’s court to work out a deal to end the tariff deadlock even as he increased tariffs on Chinese exports to a whopping 245 per cent. By K J M Varma

      FES29 PAK-BALOCH-PROTESTS

      Pakistan: Baloch political party ends weeks-long sit-in Islamabad: An ethnic Baloch political party in Pakistan on Wednesday ended its 20-day-long sit-in in Balochistan province against the arrest of local activists, including their leader Mahrang Baloch. By Sajjad Hussain

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