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    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
    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
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    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
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    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
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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
    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
    Show AI Summary
    Bilateral trade agreement implementation supports expanded trade, investment and strategic cooperation through technology, security, clean energy and community links.
    The India-UK Comprehensive Economic and Trade Agreement was identified as a framework for expanding bilateral trade and investment opportunities following its operationalisation. The two governments proposed closer cooperation to use the agreement for shared prosperity, while advancing their comprehensive strategic partnership through technology, innovation, defence, security, clean energy, education and people-to-people links.
    July 31, 2026
    Show AI Summary
    Sectoral bank credit growth reflects broad-based expansion across industry, services, agriculture and personal loans, with slower credit-card growth.
    Sectoral bank credit growth accelerated across non-food lending, agriculture, industry, services and personal loans. Industrial credit expanded across micro and small, medium and large enterprises, with strong lending to infrastructure, engineering, food processing, textiles, construction, metals, petroleum-related products and chemical products. Services lending was supported by non-banking financial companies, commercial real estate and trade. Vehicle and housing loans maintained double-digit growth, while credit-card outstanding growth decelerated.
    July 31, 2026
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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.

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      Turtle Wax Launches “You Are How You Car™” in India

      June 17, 2025

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      The platform redefines what car pride says about you — launching with surreal new ads and a chance for drivers to see themselves, literally, reimagined as a bobblehead version of their car self New Delhi, Delhi, India – Business Wire India Turtle Wax today launched “You Are How You Car™,” a bold global campaign and platform that turns a simple truth into a statement: how you treat your car reflects how you show up in the world. For people who take pride in a gleaming finish, obsess over water beading or find satisfaction in a perfect interior cleanup, this campaign sees you. And for everyone else? Well, it might just be the nudge you didn’t know you needed.

      The campaign redefines car pride by spotlighting the satisfaction that comes from keeping your vehicle at its best; be it the gleam of a just-polished exterior, the calming effect of a clean interior, or simply powering through a muddy monsoon drive with confidence. “You Are How You Car™” positions Turtle Wax® as more than just a product; it's a partner in helping Indian drivers feel proud, prepared, and protected every time they’re behind the wheel. With the monsoon season being the most critical time for car care in India, drivers actively seek smart solutions to tackle water damage, mud, foggy windshields, and interior moisture.

      First launching across India, the U.S., and U.K , the campaign kicks off with two surreal new TV commercials – dubbed “Pamper” and “Face It” – that lean hard into visual metaphor to capture what car lovers already know: when your car looks good, you look good. And you feel good, too. This isn’t just something your serious car enthusiasts say to justify their detailing habits: According to a new Turtle Wax-commissioned survey*, 75% of American drivers want their vehicle to reflect the best version of themselves, yet only 18% strongly feel like it actually does.

      “For nearly 80 years, Turtle Wax has helped people bring out the best in their cars – and in the process, brought out something deeper about the person behind the wheel: pride, confidence and a little swagger,” said Daren Herbert, Chief Marketing Officer at Turtle Wax. “This campaign is for the ones who care – who show up with intention and a microfiber cloth at the ready – and for anyone who just needs a little motivation to start. Because no matter what you drive – from a decade-old used car to your dream car – it’s about taking pride in how you show up. There’s power in pulling up in something that should ultimately be a reflection of you. That’s the magic of Turtle Wax® – small transformations that leave a lasting impact.” Highlighting its continued commitment to the Indian market, Sajan Murali Puravangara, Managing Director, Turtle Wax India, said, "Indian consumers don’t just maintain their vehicles, they take pride in them. At Turtle Wax, we understand that a car is not just a mode of transport, but a reflection of the person behind the wheel. With ‘You Are How You Car™,’ we are celebrating that emotional bond, especially during the monsoon season when car care becomes both a challenge and a ritual. Whether it’s protecting the shine, tackling everyday grime, or offering unique solutions like helmet cleaners and rat repellent sprays, we are here to empower Indian drivers to show up with confidence, both in rain and shine.” The campaign blurs the line between man and machine by seamlessly compositing human faces onto car ‘bodies’ – bringing the idea of a ‘car-self’ to life and positioning car care as a reflection of self-image.

      • “Face It” puts viewers face to face with their ‘car-self’ – literally. With CG faces atop metaphorical car ‘bodies,’ the spot transforms the everyday into something extraordinary, channeling the satisfaction of the ‘after’ moment: when the grime is gone, the shine is back, and you feel fully seen. From surprise mud splashes to bug-smacked grilles, Turtle Wax® makes bouncing back look easy – because this isn’t just about a clean car, it’s about the confidence and payoff that comes with it.

      • “Pamper” reimagines a full car care routine as indulgent and relaxing self-care; something car enthusiasts already know and love. Through a series of elevated, over-the-top facial treatments – each one a metaphor for a step in the car care ritual – the spot turns every wipe, buff and polish into something oddly calming and deeply satisfying.

      “This isn’t your typical automotive industry creative concept,” said Jeremy Bersano, Executive Creative Director of Running Toward Giants. “We got to help reimagine car care and help reintroduce an iconic brand as something metaphorical, magical and weirdly wonderful. The result? Cars with faces, and a campaign you can’t look away from because several car-faces are quite literally looking right back at you.” Developed in partnership with Ntropic and Not Just Any, known for creating high-concept, VFX-driven storytelling for world-renowned brands, the commercials leveraged a global team of artisans and emerging technologies to bring the stories to life. Both spots were co-directed by Aidan Gibbons and Ntropic founder Nate Robinson, who brought their signature visual style – and love of the offbeat – to a campaign that’s rolling out across, TV, digital, social media and more.

      “You Are How You Car” builds on Turtle Wax’s recent revisited brand positioning (in an increasingly cluttered category) and deep cross-market audience research that explored the emotional drivers of car pride – not just the functional ones. The campaign and work will continue to evolve throughout summer 2025 and beyond, with fresh creative interpretations across TV, audio, digital, social and other chances for people to show the world what their car – and their car-self – is really made of.

      As per Hanover Research, the campaign draws strong consumer insights that highlight Turtle Wax’s growing resonance in the Indian market. An impressive 88% of consumers familiar with the brand hold a positive impression, and 70% have made a purchase in the past year; underscoring both trust and brand recall. The brand’s Car Care Studios™ are gaining traction, with 54% awareness and 95% of those consumers expressing intent to visit, driven by perceptions of quality and expertise. Digital discovery plays a key role in Turtle Wax’s visibility, with over half of Indian consumers encountering the brand through social media, especially YouTube tutorials and influencer-driven content that demonstrate product performance in relatable, real-world conditions.

      For more information on Turtle Wax’s newest brand campaign and to stay tuned on the sweepstakes launch, please visit www.turtlewax.com/pages/you-are-how-you-car.

      *Survey Methodology: This survey was conducted online within India by Hanover Research on behalf of Turtle Wax during September, among whom 881 licensed adult drivers ages 18+ who have a vehicle.

      About Turtle Wax The Turtle Wax story started with the launch of the first-ever bottled car wax in 1944. More than 75 years later, the 'Most Innovative Brand in Car Care' is still capturing the attention of the auto appearance industry with a cross-category assortment of No. 1 selling products. With product distribution in more than 120 countries, the Turtle Wax® brand resonates around the globe, but the brand's heart remains in its hometown of Chicago, where award-winning innovation is developed to this day.

      To View the Image, Click on the Link Below: Turtle Wax launches new global brand campaign (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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