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    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
    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
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    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
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    August 1, 2026
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    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
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    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.
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
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    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.

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      La Excellence IAS Academy Celebrates Unprecedented Success with 78+ Rankers in UPSC 2024 , Highest in South India

      April 23, 2025

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      Hyderabad (Telangana) [India], April 22: La Excellence IAS Academy, one of India’s premier coaching institutions for civil services aspirants, has once again proven its excellence with outstanding results in the UPSC 2024 Civil Services Examination. The academy is proud to announce that it has produced over 78+ students with coveted All India Ranks (AIR) in this year’s examination, continuing its legacy of success and academic excellence.

      Founded in 2009 by Dr. Rambabu Paladugu, Mr. Narendranath (IFS), and Dr. Chandra Shekhar (IRS), La Excellence initially started as “Let’s Unite for Excellence (LUFE)” in Delhi before expanding to Hyderabad and then further to Bangalore. Over the years, the academy has consistently helped thousands of aspirants achieve their dream of entering prestigious services like IAS, IFS, IPS, and other central services.

      The academy’s top-performing students for UPSC 2024 have made waves across the country, with several securing top positions, demonstrating the institution's commitment to providing high-quality education and guidance. La Excellence’s carefully structured programs, which include regular mock tests, personalized mentoring, and in-depth subject material, have been crucial in helping students navigate the demanding path to the Indian Administrative Service.

      Dr. Rambabu Paladugu, Chairman of La Excellence IAS Academy, expressed his delight at the academy's remarkable performance. “This achievement is the culmination of relentless effort, discipline, and the dedication of both our students and faculty members. La Excellence stands as a beacon of hope for those pursuing their civil services dreams. We have always focused on providing comprehensive, personalized training, and our success in the UPSC 2024 results reaffirms the effectiveness of our approach,” he said.

      Dr. Paladugu also took a moment to congratulate all the successful candidates, emphasizing that La Excellence's commitment to innovation and quality education will continue to play a vital role in shaping the future of India’s civil services. “We are immensely proud of our students who have successfully cracked the UPSC exams. Their achievements reflect the hard work and passion they’ve shown, and we will continue to provide them with every tool they need for future success,” he added Ram Mohan, the Academic Director of La Excellence IAS Academy, shared his thoughts on the academy’s success in the UPSC 2024 results. “The journey to UPSC success is not easy, but with the right guidance, tools, and mentorship, our students have proved that excellence is achievable. Our faculty works tirelessly to ensure that each student is equipped with not just academic knowledge, but also the strategic mindset needed to succeed. We are proud of our students’ achievements and remain committed to refining our approach to provide even more tailored support for the future aspirants. La Excellence's consistent success is a reflection of our commitment to academic integrity and the relentless pursuit of excellence,” he said.

      Several successful students shared their experiences of their UPSC journey at La Excellence: • Raj Krishna Jha AIR 8: "The Interview Guidance Program (IGP) at La Excellence was a key factor in my success. The personalized mentorship allowed me to pinpoint my strengths and use them effectively during the interview, making all the difference." • Banna Venkatesh AIR 15: "The thorough study material and regular test series offered by La Excellence were essential in keeping me on track throughout my preparation. The academy's continuous support provided the structure I needed for my UPSC journey. The ecosystem La Excellence has built for UPSC preparation is unmatched." • Sravan Kumar Reddy AIR 62: "After several attempts at UPSC, I found the General Studies coaching at La Excellence to be transformative. With Ram Mohan's expert guidance and a focused, personalized approach, I was able to sharpen my skills and significantly improve my performance." A Comprehensive Approach to UPSC Preparation La Excellence offers a range of specialized courses that cater to the unique needs of every aspirant. Among their flagship offerings is the Prelims Cum Mains (PCM) Foundation Course, which integrates both stages of the examination, the Rapid Revision Programs (RRP) for last-minute preparation, and Interview Guidance Programs (IGP) that offer personalized mock interviews and feedback from experienced faculty.

      The academy’s state-of-the-art infrastructure ensures that students have access to an environment conducive to focused study. Spacious classrooms, a 24/7 study hall, well-equipped libraries, and advanced technology make La Excellence a preferred choice for civil services aspirants. Additionally, the Degree + IAS Program integrates academic education with IAS preparation, offering students a well-rounded approach to their education.

      Looking Ahead: Building Future Leaders With its unwavering commitment to quality, La Excellence continues to evolve, ensuring that every student receives not only the academic preparation but also the emotional and psychological support necessary for success in the UPSC examination. The academy's expert faculty, student-centric approach, and innovative programs make it the first choice for students across India who dream of entering the civil services.

      As La Excellence celebrates the 2024 UPSC results, the academy reiterates its commitment to shaping the next generation of civil servants, ready to lead and serve the nation with integrity and dedication.

      La Excellence IAS Academy is a leading institution dedicated to providing high-quality coaching for the Civil Services Examination. With a proven track record of producing top ranks in UPSC, IFS, IPS, and other central services, the academy offers a wide range of programs designed to equip students with the necessary skills and knowledge to excel in the competitive field of civil services.

      For more information about La Excellence IAS Academy’s offerings and admission process, please visit www.laex.in.

      List of All UPSC 2024 Rankers • AIR 8 RAJ KRISHNA JHA • AIR 11 ETTABOYINA SAI SHIVANI • AIR 15 BANNA VENKATESH • AIR 38 ABHISHEK SHARMA • AIR 41 SACHIN BASAVARAJ GUTTUR • AIR 43 AVDHIJA GUPTA • AIR 46 RAVULA JAYASIMHA REDDY • AIR 62 CHINTAKINDI SHRAVAN KUMAR REDDY • AIR 68 SAICHAITANYA JADHAV • AIR 78 ABHISHEK SINGH • AIR 95 DEVIKA PRIYADERSINI • AIR 96 ADITYA ACHARYA • AIR 114 VIVEK GARG • AIR 146 CHALLA PAVAN KALYAN • AIR 154 NELLURU SAI TEJA • AIR 199 SOURABH RAJENDU • AIR 221 BOLLAM UMAMAHESWAR REDDY • AIR 232 POOLA DHANUSH • AIR 233 VIJAYLAKSHMI • AIR 255 POTHARAJU HARI PRASAD • AIR 260 SOURABH KUMAR • AIR 263 PREETHI A C • AIR 279 KANISHAK AGGARWAL • AIR 284 SHIVANSH TRIPATHI • AIR 316 K SRINIVASA KEERTHI REDDY • AIR 332 MANISH SHARMA • AIR 392 JEENU SRI JASWANTH CHANDRA • AIR 394 AKSHITA TRIVEDI • AIR 399 ACHAL ANAND • AIR 400 KRITIKA NOGRAIA • AIR 440 MANTHAN JINDAL • AIR 446 MADHAVI R • AIR 455 POTUPUREDDI BHARGAV • AIR 462 RAHUL C YARANTELI • AIR 523 BHANU PRAKASH J • AIR 529 PANDURANG S KAMBALI • AIR 532 SANDEEP GUPTA • AIR 544 A MADHU • AIR 567 BHARATH C YARAM • AIR 577 BONTHALA SAI VINOD KRISHNA • AIR 579 ANAMIKA PANDEY • AIR 587 KASHISH GUPTA • AIR 602 RITWIK RAI • AIR 605 DESAI DILIPKUMAR KRISHNA • AIR 615 DAYANANDA SAGAR L • AIR 638 ADITYA KESHRI • AIR 663 ANKIT ANAND • AIR 668 UDIT KUMAR SINGH • AIR 671 THAKRE NAMRATA ANIL • AIR 672 DISHA DWIVEDI • AIR 681 DONEPUDI VIJAY BABU • AIR 682 SUMITI • AIR 690 SANJAY SHASHIKANT KOUJALAGI • AIR 695 ARYAMAN YADAV • AIR 696 PRIYANKA RATHORE • AIR 700 M VENKATESH PRASAD SAGAR • AIR 714 VISHAL MAHAR • AIR 736 BHAVIRI SANTOSH KUMAR • AIR 745 SARAVANAKUMAR T • AIR 746 PATEL SHRITESH BHUPENDRA • AIR 769 KIRUTHIKA M • AIR 770 ATLA THARUN TEJA • AIR 779 ANNU GUPTA • AIR 798 SANAGAVARAPU SAI BHARGAVA • AIR 799 THOGARU SURYATEJA • AIR 807 SANKAR PANDIARAJ • AIR 808 ADITI PATEL • AIR 814 GANGADHARI VIKRAM • AIR 831 KULYE SHRUSHTI SURESH • AIR 839 WANGE SAMPADA DHARMARAJ • AIR 871 RAJU NAMDEO WAGH • AIR 918 KARTHIK D • AIR 934 GOKAMALLA ANJANEYULU • AIR 938 BANOTHU SRINIKESH NAIK • AIR 949 RAMTENKI SUDHAKAR • AIR 975 RAVADA SAI MOHINI MANASA • AIR 976 RASHMI G (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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