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    DRI seizes quantities of gold; drugs, e-cigarettes and other contraband in pan-India Ops; 20 persons, including 5 foreign nationals, arrested
    Union Government releases tax devolution of ₹1,09,019 crore to State Governments, as one advance instalment to accelerate their capital and deve...
    Raymond Lifestyle Limited Delivered a stable Q1 FY27 Performance
    Rupee rises 31 paise to 95.12 against US dollar in early trade
    Customs seizes 8 kg gold worth over Rs 11 cr at Kerala airports in one week
    Drill, Baby, Drill: India to fund Rs 650 cr per well for 60 deepsea wells to break its oil import habit
    Punjab GST revenue rises 20 pc to Rs 10,447 crore in April-July: Cheema
    India-China trade through Shipli La resumes after six years
    Odisha's export can reach USD 50 billion by FY 2029-30: Study
    Andhra records 21 per cent growth in net GST collections till July
    J&K crime branch chargesheets accused in separate bank, insurance fraud cases
    MCD-facilitated PM Vishwakarma Scheme enrols over 41,000 artisans in Delhi
    Gross GST mop-up grows 15.4 pc to over Rs 2.11 lakh cr in July on higher imports, sales
    Gross and Net GST revenue collections for the month of July, 2026
    India and Rwanda Hold First Joint Trade Committee Meeting to Deepen Bilateral Trade and Investment Cooperation
    West Bengal GST collection rises 2 pc in July to Rs 5,564 crore
    Gross GST collection kitty swells 15.4 pc to over Rs 2.11 lakh cr in July
    RBI says USD 40.82 bn mobilised under forex swap facility till Jul 31
    Sebi bars ZEEL for 2 months, Subhash Chandra, Punit Goenka for 1 year in Hyderabad land pledge case
    Department of Commerce Holds Workshop on Trade and Sustainable Development Policy Landscape
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    August 3, 2026
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    Anti-smuggling enforcement targets concealed gold, narcotics, protected products, prohibited e-cigarettes and restricted imports through coordinated intelligence operations.
    Intelligence-led anti-smuggling operations resulted in seizures of foreign-origin gold, narcotic drugs, hydroponic weed, protected wildlife and forest products, prohibited electronic cigarettes, and restricted poppy seeds and areca nuts. The operations identified concealment through fabricated baggage cavities, false cargo declarations, misdeclaration of origin, forged documentation, and concealment in transport vehicles. Poppy seeds are restricted under the Foreign Trade Policy and may be imported only subject to conditions concerning legally cultivated produce from designated countries and registration of import contracts with the Narcotics Commissioner.
    August 3, 2026
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    Tax devolution advance instalment strengthens State finances for accelerated capital and developmental expenditure through distribution of Union tax proceeds.
    Tax devolution was released to State Governments as an additional advance instalment alongside the normal monthly devolution schedule. The fiscal transfer shares net proceeds of Union taxes and duties with States, with the stated purpose of strengthening State finances and supporting accelerated capital and developmental expenditure. The release includes a State-wise distribution of tax-devolution proceeds.
    August 3, 2026
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    Financial performance reporting highlights revenue and EBITDA growth, garmenting recovery, retail optimisation, ESG commitments, and forward-looking risk disclosures.
    Financial performance reflects growth in total income and EBITDA, with improved margin, reduced net working-capital days, and a net-cash position. Branded textiles and high-value cotton shirting reported lower revenue due to the prior-year base effect, while branded apparel grew but faced lower margin from channel mix. Garmenting improved through order-book execution, tariff rationalisation, and new global clients. ESG priorities include female representation, waste-management initiatives, renewable energy, emissions reduction, and workplace safety. Forward-looking statements remain subject to regulatory, political, economic, and technological risks.
    August 3, 2026
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    Foreign exchange market support strengthens the rupee as lower crude prices, portfolio inflows and reserve growth improve sentiment.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar, attributed to lower global crude oil prices, a weaker dollar, sustained foreign portfolio inflows, higher foreign exchange reserves, and Reserve Bank of India presence in the foreign exchange market. Domestic equity market gains and net foreign institutional equity purchases were also identified as supporting factors.
    August 2, 2026
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    Gold smuggling detection targets sophisticated concealment methods through strengthened passenger profiling, intelligence gathering and coordinated investigations into organised networks.
    Gold smuggling detection at Kerala airports led to multiple seizures, registration of cases and arrests in alleged smuggling attempts. Organised networks reportedly use gold in paste or compound forms concealed in clothing, body cavities, aircraft seats and other unconventional locations. Enforcement measures include strengthened passenger profiling, intelligence gathering and inter-agency coordination, while investigations continue to identify associated syndicates and financiers.
    August 2, 2026
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    Offshore exploration funding supports deepwater drilling, shared infrastructure and seismic data to strengthen domestic hydrocarbon production potential.
    The Samudra Manthan National Offshore Exploration Scheme provides direct budgetary support for high-risk deepwater and ultra-deepwater exploratory drilling, subject to cost-sharing and per-well limits. Support is available to eligible operators holding or securing exploration acreage. The scheme also funds offshore data acquisition and shared subsea, receipt and processing infrastructure through a Common Hub Infrastructure model. It is intended to promote risk exploration, improve commercialisation of offshore discoveries and strengthen domestic hydrocarbon production potential within the existing exploration and licensing framework.
    August 1, 2026
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    GST compliance enforcement combines taxpayer refunds, analytics-based fraud detection, cancellation of fake registrations, and recovery of outstanding VAT arrears.
    Punjab attributed increased GST collections to voluntary compliance, intelligence-based enforcement and technology-driven tax administration, while facilitating compliant taxpayers through timely GST refunds. Data analytics, risk profiling and field verification were used to identify tax evasion, bogus billing, fake input tax credit networks and misuse of the GST registration framework. Measures included penalties, cancellation of fraudulent registrations and recovery of long-pending VAT arrears through attachment and auction of defaulters' properties.
    August 1, 2026
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    Cross-border barter trade resumes through Shipki La, subject to permitted goods, time limits, and import-export compliance requirements.
    Cross-border barter trade through Shipki La between India and Tibet resumed after a six-year interruption. Traders may exchange specified goods under a barter arrangement and must return within 72 hours. Traders are required to comply strictly with import-export regulations prescribed by the Union Ministry of Commerce, emphasising transparency and regulatory compliance. Expansion of permitted goods may be pursued through prescribed governmental and external-affairs channels.
    August 1, 2026
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    Export growth projections outline pathways for Odisha to expand merchandise trade through export diversification, MSME support and financing initiatives.
    Export growth projections for Odisha set out base, optimistic and ambitious scenarios through FY 2029-30, based respectively on historical growth, envisaged national export growth, and a larger share of national exports. Odisha's export basket remains concentrated in metals and minerals, led by aluminium products, with China as the principal export destination. Odisha Vision 2047 identifies exports, including MSME contributions, as an economic transformation driver, while export-financing and risk-mitigation initiatives aim to address financing gaps for exporters and MSMEs.
    August 1, 2026
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    GST compliance enforcement through AI analytics supported sustained net GST collection growth despite rate rationalisation reforms and reduced compliance costs.
    GST revenue mobilisation in Andhra Pradesh showed year-on-year growth in net GST and total commercial tax collections through July 2026, despite rate-rationalisation reforms. Revenue growth was attributed to AI-based scrutiny and analytics, machine-learning risk scoring, AI-driven IGST reversals, UPI-based enforcement analytics, data sharing, predictive analytics, registration verification, and Aadhaar-integrated expansion of the professional-tax base. These measures were stated to strengthen compliance, curb wrongful input tax credit claims, broaden taxpayer coverage, and improve revenue mobilisation.
    August 1, 2026
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    Economic-offences fraud chargesheets address alleged fictitious loans, forged insurance surrender papers, and diversion of bank and policy funds.
    Economic-offences chargesheets were filed in separate alleged bank and insurance fraud matters. The bank investigation alleged fictitious loan sanctions and overdrafts beyond delegated authority, involving cheating, forgery, use of forged documents and criminal conspiracy. The insurance investigation alleged that duplicate policy records and forged surrender documents were used to open a fraudulent account in a policyholder's name and divert policy proceeds. Records, witness statements, documentary evidence and forensic examination were cited in support of the allegations.
    August 1, 2026
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    PM Vishwakarma Scheme implementation expands artisan enrolment, skills, credit, e-commerce access and export facilitation while addressing documentation barriers.
    PM Vishwakarma Scheme implementation in Delhi facilitated artisan enrolment, application processing, skill training, toolkit distribution, loan access, e-commerce onboarding and export-related support. Awareness workshops and tele-calling campaigns were used to promote participation and follow up on benefits. Key implementation challenges concerned outreach to informal clusters, digital literacy, delays in Aadhaar and IEC documentation, and additional support for Divyang artisans. Planned action includes expanding workshops, scaling e-commerce onboarding, strengthening export facilitation and coordination with implementing agencies.
    August 1, 2026
    Show AI Summary
    Goods and Services Tax collections rise on domestic consumption and imports, while elevated import revenue prompts assessment of underlying drivers.
    Goods and Services Tax collections for July increased over the corresponding prior-year period, supported by domestic sales and imports. Gross receipts included Central GST, State GST and Integrated GST, with net GST revenue calculated after adjusting refunds. For the April-July period, gross and net collections also increased. Commentary linked domestic GST growth to consumption, formalisation and industrial activity, while identifying elevated import GST collections as an area requiring assessment of import composition, currency effects and volumes.
    August 1, 2026
    Show AI Summary
    GST revenue collections show provisional gross, refund and net revenue trends, with State-wise settlement and domestic collection data.
    GST revenue collections for July 2026 are reported provisionally through gross domestic and import revenue, domestic and export-related refunds, and net GST revenue after refunds. The data also sets out SGST collections and the SGST share of IGST settled to States and Union Territories, both monthly and cumulatively. State-wise domestic GST growth excludes GST on imported goods, while jurisdiction-wise data allocates collections between central and State formations and identifies CGST, SGST and IGST components.
    August 1, 2026
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    Bilateral trade cooperation expands through a Joint Trade Committee covering investment, critical minerals, healthcare, digital technologies and market access.
    Bilateral trade and investment cooperation between India and Rwanda is to be advanced through a structured Joint Trade Committee mechanism for reviewing commerce, diversifying trade, promoting investment, facilitating business engagement and addressing market-access and logistical issues. Priority cooperation includes critical minerals, pharmaceuticals and healthcare, agriculture and agro-processing, standards harmonisation, digital public infrastructure, fintech, cybersecurity, green mobility and renewable energy. Investment focal points will support engagement, while capacity-building assistance and close monitoring of the Agreed Minutes are intended to support time-bound implementation.
    August 1, 2026
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    GST collection growth in West Bengal continued year-on-year in July but remained below the national growth trend.
    West Bengal's July GST collection increased year-on-year and over the preceding month, marking a second consecutive month of annual growth. Official data also indicated that the State's annual growth rate was below the national trend, while gross domestic GST revenue excluding imports and overall gross GST collections including import-related taxes rose nationally during July.
    August 1, 2026
    Show AI Summary
    GST collection growth reflects higher revenue mobilisation from domestic transactions and imports, with refunds adjusted in net revenue.
    Goods and Services Tax collections increased in July, driven by higher revenue from domestic transactions and imports. The gross collection comprised Central GST, State GST and Integrated GST components. Refunds also increased during the month, and net GST revenue was determined after adjustment of refund outflows from gross tax receipts.
    August 1, 2026
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    Concessional foreign-exchange swaps encourage bank deposits and foreign borrowings to strengthen balance-of-payments resilience and foreign-exchange liquidity.
    The Reserve Bank of India introduced a concessional foreign-exchange swap facility to encourage foreign-currency inflows, strengthen the balance of payments and support foreign-exchange liquidity. The facility applies to fresh Foreign Currency Non-Resident (Bank) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings. Foreign Currency Non-Resident (Bank) deposits constitute the principal source of inflows mobilised under the arrangement. The facility is available for specified time-bound periods, with a later availability period for Overseas Foreign Currency Borrowings and External Commercial Borrowings.
    August 1, 2026
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    Unauthorised pledge of listed-company land triggered securities-market bars for disclosure failures and misuse of management authority.
    Unauthorised pledge of ZEEL's Hyderabad land as security for loans obtained by promoter-linked entities was treated as a related-party transaction lacking prior audit committee approval. ZEEL failed to disclose the land's deployment in its financial statements. Its Chairman Emeritus was stated to have transferred title deeds by falsely representing management approval and to have concealed the transaction's nature. Securities-market prohibitions and monetary penalties were imposed with immediate effect.
    August 1, 2026
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    Trade and sustainable development policy integrates carbon regulation, sustainability standards and domestic frameworks to strengthen trade competitiveness and preparedness.
    Trade and Sustainable Development policy was examined in relation to international trade disciplines, sustainability regulation and India's trade strategy. Discussions considered carbon markets, carbon pricing, carbon border adjustment measures, sustainability standards and regulatory cooperation, and their implications for trade and industrial competitiveness. Domestic mechanisms, including the Carbon Credit Trading Scheme, Indian Carbon Market, Extended Producer Responsibility framework, and accreditation and conformity assessment systems, were considered for strengthening preparedness for emerging sustainability-related trade disciplines.

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      From Kajol & Sara Ali Khan to Vedang Raina & Veer Paharia: Celebrities agree that, Wellness is the New Luxe

      April 22, 2025

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      GlobalSpa Awards, the most euphoric and elite event in the wellness calendar, took place in Mumbai recently. The event brought together key leaders from the spa, wellness, and hospitality industry. The evening also welcomed renowned celebrities from Bollywood, Television & Fashion, adding a touch of glamour and popularity. Now in its seventh edition, the primary goal of the GlobalSpa Awards is to champion exceptional standards and foster a deeper connection between spa aficionados and top-tier wellness establishments.

      “At the GlobalSpa Awards, our mission is to recognize and celebrate the individuals and organizations who relentlessly strive to elevate the standards of wellness. These awards stand as a tribute to their passion, dedication, and innovation,” said Parineeta Sethi, Chief Editor of GlobalSpa India & Middle East.

      Hosted by the gorgeous Sophie Choudry and comedian Nitinn Miranni, this year's extravagant gathering welcomed a-lister celebrities, like Rekha, Kajol, Sara Ali Khan, Vedang Raina, Malaika Arora, Rakul Preet Singh, Sonali Bendre, Nitanshi Goel, Avinash Tiwari, Pratibha Ranta, Veer Paharia, Jasmin Bhasin, and many others. Their presence on the red carpet added an exceptional sparkle to the event.

      These luminaries not only added glitz and glamour, but they also played roles as presenters and recipients of awards across various categories, encompassing the best destination spa, best salon, best beauty brand, best hotel spa, and more. This year's event raised the bar with expanded choices, innovative technology, sustainability & conservation wellness initiatives, and a commitment to inclusivity, highlighting the importance of self-care while featuring renowned celebrities.

      The evening also witnessed the unveiling of the latest cover of GlobalSpa with Sara Ali Khan shot by Rohan Shrestha at the scenic Interlaken, Switzerland.

      Partnering brands shared their experience of a successful collaboration with the GlobalSpa Awards 2025.

      This year, Samira Habitats was the Presenting Partner for GlobalSpa Awards. With three decades of leading Alibag's Real Estate story, Samira's Signature, New World Livingscapes and Land Holds blend expanded lifestyles with nature, slower living, and wellbeing. Their vision aligns seamlessly with GlobalSpa’s ethos of promoting holistic, luxe wellness, as a way of life.

      Mr Samir A. Nerurkar, Founder & M.D. - Samira Habitats reiterates,” Wellness is truly the new luxe”. Samira Habitats, aligns naturally, with the emerging, new world community, who choose life in harmony with nature, sustainability and expansion, in our large, pristine acreages and bay side-living opportunities, in Alibag. A vision, so perfectly synched with GlobalSpa's uber luxe universe of wellness conscious and sustainable lifestyle.

      Luxury Destination Partner, Austria Tourism with the mountains, springs and healing therapies, Austria has a deep-rooted spa and wellness tradition—think thermal baths, alpine health resorts, and medical wellness clinics and GlobalSpa Awards is an apt platform to partner.

      Congratulating the team on the memorable event, Christine MukherjI, Country Head, Austria National Tourism Office, said, “Austria has long been a sanctuary for wellness, from our Alpine retreats to our world-class thermal spas. Partnering with the GlobalSpa Awards allows us to share our unique wellness culture with a global audience that values health, sustainability, and holistic experiences. It’s a natural alignment that celebrates wellbeing.

      Heidi Grimwood, Sr. Vice President ELE|NA, said “It was a vibrant celebration—from impeccable organisation to a dazzling guest list—that radiated purpose and passion. As a beacon of excellence in conscious living and sustainable wellness, the event beautifully echoed the values we uphold at ELE|NA. It left a lasting impression on everyone who shared in this extraordinary experience.

      “As the Audit & Knowledge Partner for this year’s awards, our role was to develop a process that was fair, subjective, transparent & inclusive. The enthusiastic response in the form of nominations received this year was nothing short of palpable”, says Monish G Chatrath, Managing Partner, MGC Global Risk Advisory.

      Bubble Communication managed the Media & Influencer duties for the event.

      GlobalSpa Awards 2025: The Complete List of Winners Best Resort Spa North • The Westin Resort and Spa, Himalayas • Ananta Spa & Resort, Pushkar East • MAYFAIR Spa Resort, Gangtok West • Alila Diwa Goa South • The Tamara Coorg Spa Manager of the Year • Agatha B. Marak - The Westin Resort and Spa Himalayas • Dr Avantika Kochar - Ksema, Mulberry Shades Bengaluru Nandi Hills Best Destination Spa • Atmantan Wellness Centre, Mulshi • ITC Grand Bharat Most Luxurious Spa Resort • Niraamaya Retreats Surya Samudra, Kovalam • Raffles Udaipur Most Luxurious Spa Hotel • Park Hyatt Chennai • Hyatt Regency Dehradun Resort and Spa Best Hotel Spa North • Andaz Delhi by Hyatt South • Shangri-La Bengaluru West • Spa by L'Occitane - JW Marriott Vagator Goa East • The Park Kolkata Best Spa Product - Anti Ageing (Global) • Dermalogica Best Spa Product (Global) • Thalgo Most Luxurious Spa Treatment • Signature Spa by JW - JW Marriott New Delhi Aerocity • Heavenly Signature Massage - The Westin Goa Most Environmentally Inclined Spa (Hotel & Resort) • CGH Earth – SwaSwara Best Wellness Cuisine • Aujasya by The Leela • Pema Wellness Resort Best Ayurvedic Wellness Spa • The LaLiT Resort & Spa Bekal Best Ayurvedic Wellness Retreat • Dharana at Shillim Best Holistic Wellness Retreat • Six Senses Vana • Carnoustie Ayurveda & Wellness Resort Best Day Spa Hotel • Radisson Blu Plaza Delhi Airport • Sofitel Mumbai Best New Day Spa • Florian Hurel Hair Couture & Spa Best Spa Interiors (Day) • SORIN Spa Therapist of the Year • Ms N Vini Achumi - Kaya Kalp The Royal Spa, ITC Mughal • Apokla Tsazito Sangtam - Pullman New Delhi Aerocity Best New Resort Spa • Timbertales - Luxury Resort Coorg • MAYFAIR Spring Valley Resort, Guwahati Best New Hotel Spa • Raffles Jaipur Best Spa Interiors (Hotel & Resort) • JW Marriott Bengaluru Prestige Golfshire Resort & Spa Best Spa Product - Anti Ageing Line (India) • RAS Luxury Oils Best Spa Product - Natural Line • Serenité Best Indian Spa Product • Shankara Most Luxurious Spa Day (Hotel) • Cinqtuair Spa - The Claridges New Delhi Most Luxurious Spa Day (Standalone) • Sawadhee Traditional Thai Spa • J Wellness Circle - Lodha World Tower Best Salon With Spa • Jean-Claude Biguine Salon & Spa • JW Marriott Hotel Bengaluru Best Day Spa Chain • IOSIS Wellness READERS’ CHOICE Favourite Destination - MIDDLE EAST • Jordan Favourite Emerging Destination • AlUla, Saudi Arabia Favourite Destination – EUROPE • Austria Favourite Destination – AFRICA • Seychelles Favourite Destination – ASIA • Maldives Favourite Destination – USA • California Favourite Destination – OCEANIA • Fiji Favourite Destination – INDIA • Goa Favourite Airport Spa • ENCALM Spa Favourite Spa Brand – GLOBAL • ELENA The Spa Favourite Spa Resort – GLOBAL • JOALI BEING Favourite Spa Hotel – GLOBAL • Brenners Park-Hotel & Spa, Baden-Baden Medical Wellness Retreat - GLOBAL • SHA Wellness Clinic Favourite Holistic Wellness Retreat - GLOBAL • Santani Wellness, Sri Lanka Medical Wellness Retreat - INDIA • Amal Tamara Favourite Eco Spa – GLOBAL • Soneva Soul at Soneva, Maldives Favourite Honeymoon Resort & Spa of the Year – INDIA • The Leela Palace Udaipur Favourite Honeymoon Resort & Spa of the Year – GLOBAL • Qasr Al Sarab Desert Resort by Anantara • LUX South Ari Atoll, Maldives Favourite Spa Resort – INDIA • Ananda In The Himalayas Favourite Salon – HOTEL • Silhouette Salon & The Barbershop Favourite Salon – STANDALONE • LOOKS Salon Favourite Organic Brand • Forest Essentials Favourite Sustainable Destination • Bhutan Favourite Spa Hotel – INDIA • The Westin Gurgaon Best Product Range - Sunscreens • CHOSEN By Dermatology Best New Product Range – INDIA • Spiceology Brand Founder Of The Year • Deepali Bansal and Puneet Bansal – Suroskie Homegrown Beauty Brand • Love Organically EDITORS’ CHOICE AWARDS Innovation In Wellness • Tulah Clinical Wellness Luxury Wilderness Wellness • Siddhayu Wellness x The Bamboo Forest Best Naturopathy Wellness Resort, India • Pema Wellness Resort CELEBRITY AWARDS GlobalSpa Icon of Holistic Wellness – Deanne Panday GlobalSpa Evergreen Diva – Kajol GlobalSpa Rising Star – MALE – Vedang Raina GlobalSpa Rising Star – FEMALE – Pratibha Ranta GlobalSpa Most Loved Gen Z Icon – Nitanshi Goel GlobalSpa Inspirational Icon – Sonali Bendre GlobalSpa Most Versatile Performance of the Year – Avinash Tiwary GlobalSpa Wellness Trailblazer – Rakul Preet Singh GlobalSpa Emerging Face of The Year – Veer Pahariya GlobalSpa Wellness Entrepreneur – Malaika Arora GlobalSpa Icon of Wellness – Sara Ali Khan GlobalSpa Charismatic Personality Female – Jasmine Bhasin GlobalSpa Charismatic Personality Male – Taha Shah Badussha GlobalSpa Style Icon – Sophie Choudry (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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