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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
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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
    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
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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.
    July 31, 2026
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    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
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    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
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    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
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    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
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    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
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    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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      Trump's mass deportations leave Democrats more ready to fight back

      June 12, 2025

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      Washington, Jun 12 (AP) California Governor Gavin Newsom looked straight into the camera and staked out a clear choice for his Democratic Party.

      The governor positioned himself as not only a leader of the opposition to President Donald Trump's mass deportation agenda, but a de facto champion of the immigrants now being rounded up in California and across the country. Many of them, he said in the video address, were not hardened criminals, but hard-working people scooped up at a Home Depot lot or a garment factory, and detained by masked agents assisted by National Guard troops.

      It is a politically charged position for the party to take, after watching voter discontent with illegal immigration fuel Trump's return to the White House. It leaves Democrats deciding how strongly to align with that message in the face of blistering criticism from Republicans who are pouring billions of dollars into supporting Trump's strict immigration campaign.

      Senate Democratic Leader Chuck Schumer of New York said on Wednesday he is proud of Newsom, "he's refusing to be intimidated by Donald Trump." From the streets of Los Angeles to the halls of Congress, the debate over Trump's mass deportation agenda is forcing the US to reckon with core values as a nation of immigrants, but also its long-standing practice of allowing migrants to live and work in the US in a gray zone while not granting them full legal status. More than 11 million immigrants are in the US without proper approval, with millions more having arrived with temporary protections.

      As Trump's administration promises to round up some 3,000 immigrants a day and deport 1 million a year, the political stakes are shifting in real time. The president rode to the White House with his promise of mass deportations — rally crowds echoed his campaign promise to "build the wall." But Americans are watching as Trump deploys the National Guard and active US Marines to Los Angeles, while pockets of demonstrations erupt in other cities nationwide, including after agents raided a meat processing plant in Omaha, Nebraska.

      Joel Payne, a Democratic strategist, said the country's mood appears to be somewhere between then-President Barack Obama's assertion that America is "a nation of immigrants, we're also a nation of laws" and Trump's "more aggressive" deportation approach.

      "Democrats still have some work to do to be consistently trustworthy messengers on the issue," he said.

      At the same time, he said, Trump's actions as a "chaos agent" on immigration when there's already unrest over his trade wars and economic uncertainty, risk overreaching if the upheaval begins to sow havoc in the lives of Americans.

      Republicans have been relentless in their attacks on Democrats, portraying the situation in Los Angeles, which has been largely confined to a small area downtown, in highly charged terms as "riots," in a preview of campaign ads to come.

      Police said more than 200 people were detained for failing to disperse on Tuesday, and 17 others for violating the 8 pm curfew over part of Los Angeles. Police arrested several more people for possessing a firearm, assaulting a police officer and other violations. Two people have been charged for allegedly throwing Molotov cocktails toward police during LA protests.

      House Speaker Mike Johnson said Newsom should be "tarred and feathered" for his leadership in the state, which he called "a safe haven to violent criminal illegal aliens." At a private meeting of House Republicans this week with White House Press Secretary Karoline Leavitt, Rep Richard Hudson, the chairman of the GOP's campaign arm, framed the situation as Democrats supporting rioting and chaos while Republicans stand for law and order.

      "Violent insurrectionists turned areas of Los Angeles into lawless hellscapes over the weekend," wrote Senator Tom Cotton, R-Ark, earlier this week in the Wall Street Journal, suggesting it may be time to send in military troops.

      "The American people elected Donald Trump and a Republican Congress to secure our border and deport violent illegal aliens. That's exactly what the president is doing." But not all rank-and-file Republicans are on board with such a heavy-handed approach.

      GOP Rep David Valadao, who represents California's agriculture regions in the Central Valley, said on social media he remains "concerned about ongoing ICE operations throughout CA" and was urging the administration "to prioritise the removal of known criminals over the hardworking people who have lived peacefully in the Valley for years." Heading into the 2026 mid-term election season, with control of the House and Senate at stake, it is a repeat of past political battles, as Congress has failed repeatedly to pass major immigration law changes.

      The politics have shifted dramatically from the Obama era, when his administration took executive action to protect young immigrants known as Dreamers under the landmark Deferred Action for Childhood Arrivals programme.

      Those days, lawmakers were considering proposals to beef up border security as part of a broader package that would also create legal pathways, including for citizenship, for immigrants who have lived in the country for years and paid taxes, some filling roles in jobs Americans won't always take.

      With Trump's return to the Oval Office, the debate has turned toward aggressively removing immigrants, including millions who were allowed to legally enter the US during the Biden administration, as they await their immigration hearings and proceedings.

      "This anniversary should be a reminder," said Senator Dick Durbin, D-Ill, at a Wednesday event at the US Capitol championing DACA's 13th year, even as protections are at risk under Trump's administration. "Immigration has many faces." Despite their challenges in last year's election, Democrats feel more emboldened to resist Trump's actions than even just a few months ago, but the political conversation has nonetheless shifted in Trump's direction.

      While Democrats are unified against Trump's big tax breaks bill, with its USD 150 billion for new detention facilities, deportation flights and 10,000 new Immigration and Customs Enforcement agents, they talk more openly about beefing up border security and detaining the most dangerous criminal elements.

      Rep Suzan DelBene, D-Wash, chair of the Democratic Congressional Campaign Committee, points to the example of Democratic Rep Tom Suozzi, who won a special election in New York last year when he addressed potential changes to the immigration system head-on. At one point, he crashed a GOP opponent's news conference with his own.

      "Trump said he was going to go after the worst of the worst, but he has ignored the laws, ignored due process, ignored the courts — and the American people reject that," she told The Associated Press.

      "People want a president and a government that is going to fight for the issues that matter most to them, fight to move our country forward," she said. "They want a Congress that is going to be a coequal branch of government and a check on this president." (AP) RUK RUK

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