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    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
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    India and Rwanda Hold First Joint Trade Committee Meeting to Deepen Bilateral Trade and Investment Cooperation
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    RBI says USD 40.82 bn mobilised under forex swap facility till Jul 31
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    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
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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
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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
    Show AI Summary
    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
    Show AI Summary
    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
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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.

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      India & Japan - A Shared Relationship Through Democracy, Higher Education and Commitment to a Sustainable Environment: JGU Vice Chancellor to speak at Japanese Parliament

      June 20, 2025

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      Tokyo, June 20, 2025: To strengthen the bilateral Higher Education Relationship and to enhance the democratic values shared by India and Japan, the Founding Vice Chancellor of O.P. Jindal Global University Prof. (Dr.) C. Raj Kumar will address the Japan Parliament – the Diet – on 24 June, 2025. This prominent and highly esteemed address to Japanese Parliamentarians aims to reinforce the democratic principles shared by the two countries and is also a celebration of India at 75 and how the country has accomplished its commitment to the principles it was founded upon.

      As part of the shared democratic agenda, the Vice Chancellor Dr. Raj Kumar and Indian delegates will visit the Japanese Parliament for a Dialogue with the Members of the National Diet of Japan. The visit will also feature a special Address by Dr. Abhishek M. Singhvi, Senior Advocate, Supreme Court of India and a Member of Parliament, on the theme: “India and Japan: Partners in Democracy, Drivers of Innovation, and Architects of a Sustainable Future”.

      Dr. Raj Kumar’s academic and intellectually high-profile visit involves an ambitious and extensive series of activities and events across Japan over the coming week. Accompanied by Senior Advocate of the Supreme Court of India Dr. Abhishek Manu Singhvi and a high-level delegation of academics and legal luminaries Dr. Raj Kumar aims to foster a long-term association with leading institutions, academics and public thought leaders to introduce reinforce the higher education relationship between the two countries.

      The 2nd India-Japan Higher Education Forum 2025 will be held today evening on 20th June, 2025 along with the Unveiling the Vision Statement of the Singhvi Centre for Constitutional, Parliamentary and Legal Studies at O. P Jindal Global University. The Education Forum will involve a Panel Discussion on Universities of the Future: Promoting Democracy, Dialogue, and Development in Asia and Beyond in Tokyo.” The Chief Guest will be His Excellency Mr. Sibi George, Ambassador of India to Japan and Guest of Honour will be Dr. Abhishek M. Singhvi, Senior Advocate, Supreme Court of India. Vice Chancellor Dr. C Raj Kumar will open the discussion with the panelists: Prof. Matthew J. Wilson, President and Dean, Temple University Japan Campus; Prof. Miki Sugimura, President Sophia University; Prof. Noriyuki Takahashi, Musashi University; Prof. Sawako Shirahase, Senior Vice Rector and Assistant Secretary General of United Nations, United Nations University; Prof. Yujin Yaguchi, Vice President, University of Tokyo; Prof. Maki Kunimatsu, Vice President, Chuo University and Hon’ble Mr. Justice Michael D. Wilson, Former Judge, Supreme Court of Hawaii, USA and Distinguish Prof. of Law at O. P Jindal Global University.

      Prof. (Dr.) C. Raj Kumar said, “There are three key themes to focus on with our Japanese counterparts: higher education collaborations and new partnerships, an insight into Indian democratic values and practices and a deep and incisive discourse on climate challenges facing our countries. India has been growing at a phenomenal pace and has recently emerged as the third largest economy in the world. We have had a long-standing and resilient relationship with Japan; with interactions and meetings for cooperation held regularly at the highest level of decision-makers across our country. This visit will further build on these foundations and bring together like-minded intellectuals, academics and professionals to enhance our cultural and educational relationship.” There will be multiple Memorandums of Understanding (MoUs) signed during the visit with leading Japanese Universities which include Asia University, Chuo University, Doshisha University, Osaka Gakuin University and Kansai University to name a few. These MoUs will enable student exchanges, research collaborations, academic partnerships and more.

      Later, as part of the UNU Conversation series on India and the World: Democracy, Development and Justice Dr. Abhishek M. Singhvi, and Dr. C Raj Kumar will address the United Nations University in Tokyo and they will be joined by Prof. (Dr.) Tshilidzi Marwala, Rector, United Nations University: Under-Secretary-General of the United Nations. This landmark event has been jointly organized by Singhvi Centre for Constitutional, Parliamentary & Legal Studies, at O.P. Jindal Global University.

      “India and Japan have had a farsighted socio-economic, political and cultural relationship. As a lawyer, I believe that we have a shared vision for the rule of law and the rights and duties of the individual citizens in a democracy. India has been independent for 75 years and the country has overcome many challenges and has remained true to its fundamental principles. It is a unique country with a diverse culture, geography and population with many languages, beliefs and communities. Yet, we have always found common ground towards development, growth and human upliftment and this has made the Indian democracy stronger and resilient,” Dr. Abhishek Manu Singhvi said.

      During the visit, Dr Raj. Kumar will also address students at Temple University Japan, Kyoto Campus for a lecture on India at 75: The Story of the World’s Largest Democracy in the presence of Prof. Matthew J. Wilson, President and Dean, Temple University Japan Campus.

      As part of the shared concerns around climate change and the environment by India and Japan, Dr. Raj Kumar will inaugurate the Japan-India Sustainability Conclave and Release of JGU’s Sustainability Development Report 2025. This will be followed by a Panel Discussion on The Role of Governance Framework in Supporting Biodiversity Conservation and Accelerating Green Innovation with a Special Address by Prof. (Dr.) Kensuke Fukushi, Director, Institute for Future Initiatives at the University of Tokyo.

      Other panelists are Prof. Atsushi Kota, Dean Graduate School of Asia-Pacific Studies Waseda University, Dr. Anupam Khajuria, Research Fellow and Academic Associate UNU-IAS, Prof. Masahiro Sugiyama, Institute for Future Initiatives, University of Tokyo and Prof. Shizuka Hashimoto, Graduate School of Agricultural and Life Sciences University of Tokyo.

      This will be followed by a seminar hosted by Kyoto University, Kiko Network and JGU on Lessons from Recent Climate Lawsuits in the United States and India: Implications for Japan in Kyoto; including a Lecture on Climate Litigation in the United States by Hon’ble Mr. Justice Michael D. Wilson, followed by a Lecture on Eco-Constitutionalism in India: Environment Rights, Judicial Activism, and the Role of Civil Society by Dr. C Raj Kumar and a discourse on Law Policy and the Planet: India’s Pathways to Achieving the SDGs by Dr. Abhishek M. Singhvi.

      The delegation also includes Hon’ble Mr. Justice Michael D. Wilson, Former Judge, Supreme Court of Hawaii, USA and Distinguished Professor of Law at O. P Jindal Global University Other members of the delegation will include Prof. R Padmanabhan, Dean Office of Academic Governance, JGU and Prof. (Dr.) Vesselin Popovski, Vice Dean and Executive Director Centre for the Study of the United Nations at JGU and Prof (Dr.) Akhil Bhardwaj, Vice Dean and Director Office of International Affairs and Global Initiatives.

      (Disclaimer: The above press release comes to you under an arrangement with O.P. Jindal Global University and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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