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    IICA inaugurates it's Second Batch of Flagship Arbitration Program
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    Union minister asks Odisha to tap fisheries export potential, strengthen value chain
    Chhattisgarh cabinet clears Ease of Doing Business bill
    Congress leader Ramgopal Agrawal detained by Chhattisgarh EOW in coal levy 'scam'
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    India, Maldives conclude talks for investment treaty; legal scrubbing of text on
    NICDC's Logistics Arm NLDSL and Government of Punjab Sign MoU to Strengthen Digital Logistics Ecosystem
    Gong Opens in Bandra as Speciality Restaurants Limited Unveils Its New-Age Pan Asian Flagship in Mumbai
    Taurian MPS Targets 50%+ Revenue CAGR Over the Next Three Years, Backed by Export Expansion, Higher-Margin Growth, Improving Working Capital and an Rs...
    ED freezes TMC's Rs 440-cr worth bank deposits under PMLA
    UST Partners with Anthropic to Bring Claude Into UST''s Platforms, Engineering, and Operations and Train 20,000 UST Employees Globally
    India Hosts 13th ASEAN-India Trade in Goods Agreement Joint Committee Meeting to Advance ASEAN-India Trade Pact Review
    CIBC Opens Global Capabilities Hub in Hyderabad, India
    The Hidden Friction Points of Shipping from Canada to India
    ED raids in UP against ex-SP MLA
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    July 9, 2026
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    Arbitration training and institutional dispute resolution take centre stage in IICA's expanded certified program.
    The second batch of the Certified Arbitration Program was inaugurated as a flagship initiative aimed at building globally benchmarked arbitration professionals and strengthening institutional arbitration in India. The programme stresses enforceable arbitral awards, fairness of process, a code of conduct and sector-specific expertise as core elements of a robust arbitration ecosystem. It also reflects wider efforts to promote alternative dispute resolution, specialised training and practical arbitration skills through expanded module-based content and workshop-focused learning.
    July 9, 2026
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    Forced labour-linked tariff proposals face Indian criticism over inconsistent exemptions and arbitrary sourcing conditions
    Forced labour-linked tariff proposals under the US trade framework drew Indian criticism for inconsistency, because the proposed approach was said to exempt a large number of items that cannot be produced or grown in the United States while still targeting imports linked to alleged forced labour concerns. India argued that such exemptions dilute the stated policy rationale of addressing forced labour in global supply chains and may not meaningfully prevent circumvention practices. India also objected to the textile-related tariff mechanism, stating that reduced tariff treatment based on the use of US-origin cotton and related inputs operates as an arbitrary sourcing requirement for foreign manufacturers.
    July 8, 2026
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    Fisheries value chain strengthening drives Odisha's export potential through collaboration, processing modernisation and species diversification.
    Strengthening of fisheries value chain and export capacity in Odisha was emphasised through closer collaboration among fishers, fish farmers, exporters and cooperatives, along with coordinated action by the Centre, the State, research institutions, financial institutions and sector stakeholders. The focus was on harnessing the State's untapped export potential by improving production linkages, post-harvest systems and sector-wide organisation. Attention was given to capacity building, modernisation of processing facilities, diversification of fish species and fisheries products, and expansion of deep-sea and brackish water fishing to support higher exports, greater value addition and improved fisher incomes.
    July 8, 2026
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    Ease of Doing Business reforms propose time-bound approvals, simpler compliance and faster refunds to improve investor-friendly regulation.
    A draft Ease of Doing Business law proposes time-bound approvals, deemed approvals, self-certification, third-party verification, risk-based inspections and removal of duplicate licensing requirements to reduce procedural hurdles and create a more investor-friendly regulatory environment. The cabinet also approved related industrial investment, payment security and tax reforms, including GST simplification, faster refunds and abolition of the redundant Commercial Tax Tribunal.
    July 8, 2026
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    Coal levy probe deepens as Ramgopal Agrawal is detained for questioning in linked corruption cases.
    Congress leader Ramgopal Agrawal was detained by the Chhattisgarh Economic Offences Wing for questioning in the alleged coal levy matter and was also to be interrogated in connection with liquor and rice custom milling-linked cases. The agency said the action was based on documents, digital evidence, a seized diary and other records, and claimed that the diary contained entries of payments made in the name of "Congress Bhavan".
    July 8, 2026
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    Anti-money laundering action freezes party bank accounts amid alleged funds misappropriation investigation
    Enforcement action under the Prevention of Money Laundering Act resulted in the freezing of three bank accounts of a political party containing substantial deposits, after searches in an alleged funds misappropriation matter. The action reflects use of the anti-money laundering framework to secure bank deposits linked to the investigation.
    July 8, 2026
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    Prevention of Money Laundering Act freezing of political party bank accounts follows alleged fund routing through related entities.
    Freezing of bank deposits under the Prevention of Money Laundering Act arose from an ED investigation into alleged misappropriation and routing of funds through political party bank accounts and related entities. The agency stated that three bank accounts were frozen under Section 17(1A) because the deposits could not practicably be seized and needed to be secured from transfer or further dealing, subject to confirmation by the adjudicating authority. The investigation also concerned transfers to a private aviation group, purchase of aircraft and a helicopter, and alleged payments linked to aircraft usage.
    July 8, 2026
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    Bilateral investment treaty and free trade agreement talks advance as India and Maldives fast-track wider economic cooperation.
    India and the Maldives have concluded negotiations for a bilateral investment treaty, with the text undergoing legal scrubbing before signature, while free trade agreement talks are being fast-tracked. The treaty is intended to promote and protect investments in each other's countries, and the trade discussions form part of a broader effort to reduce or eliminate import duties on goods traded between the two countries.
    July 8, 2026
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    Digital logistics integration through ULIP aims to improve transparency, efficiency and data-driven coordination in Punjab's supply chain ecosystem.
    NICDC Logistics Data Services Limited and the Government of Punjab entered into a Memorandum of Understanding to support the digital transformation of Punjab's logistics ecosystem through the Unified Logistics Interface Platform. The partnership focuses on seamless exchange of real-time logistics data across departments to improve logistics visibility, operational efficiency, inter-departmental coordination, transparency and data-driven decision-making for industry stakeholders. ULIP is described as a unified digital gateway based on API integration across government systems.
    July 8, 2026
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    Premium Pan Asian dining drives Speciality Restaurants Limited's new Gong format with design-led hospitality and scalable growth.
    Speciality Restaurants Limited launched Gong in Bandra as a premium Pan Asian dining concept combining progressive cuisine, immersive interiors and elevated hospitality. The restaurant is positioned as a future-ready format designed for higher average spend per cover, optimised space use and faster table turnover, reflecting the company's focus on innovation-led expansion and experiential dining.
    July 8, 2026
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    Export expansion and working-capital discipline support Taurian MPS's high-growth roadmap and stronger order-book visibility.
    Taurian MPS Limited has outlined a growth strategy centred on achieving a revenue CAGR of over 50% over the next three years through stronger domestic and export order inflows, faster execution, expansion of its international dealer network and improved working-capital efficiency. The company says its current order book of about Rs 83.85 crore provides execution visibility, with domestic orders forming the larger share and export orders contributing the balance. These orders are expected to be executed over the next four to five months, subject to customer advances, final confirmations, site readiness and delivery schedules.
    July 8, 2026
    Show AI Summary
    Money laundering asset freezing under PMLA targets suspected bank deposits and linked transactions pending confirmation.
    Freezing of bank deposits under the Prevention of Money Laundering Act operates where an asset cannot practicably be seized and must be protected from transfer or other dealing. An officer may issue a freezing order in respect of bank accounts containing suspected proceeds or linked funds, subject to confirmation by the adjudicating authority within the prescribed time. The investigation also concerns alleged routing of funds through related entities and purchases of aircraft and helicopter assets through connected transactions.
    July 8, 2026
    Show AI Summary
    Strategic AI alliance expands Claude across enterprise workflows, internal operations, and large-scale workforce training.
    UST entered into a strategic alliance with Anthropic to integrate Claude models across UST's engineering environments, proprietary platforms, industry solutions and internal operations, with the objective of helping enterprise clients adopt trusted AI at scale. The collaboration extends to UST's own operations and includes plans to certify 20,000 associates worldwide on Claude, supported by Anthropic's enablement, technical guidance and certification.
    July 8, 2026
    Show AI Summary
    ASEAN-India trade agreement review advances as joint committee urges faster finalisation of pending negotiation chapters.
    India hosted the 13th ASEAN-India Trade in Goods Agreement Joint Committee meeting and related hybrid sessions in New Delhi to review progress under the AITIGA Review. The Joint Committee gave strategic guidance to sub-committees on customs procedures and trade facilitation, national treatment and market access, and rules of origin, and urged expeditious finalisation of outstanding review chapters through time-bound deliverables and close coordination within agreed timelines.
    July 8, 2026
    Show AI Summary
    Global capabilities hub expansion strengthens cross-border collaboration, talent development, and client-focused growth strategy.
    CIBC announced the opening of a global capabilities hub in Hyderabad, India, to support its modernization and growth strategy. The new office is intended to strengthen the bank's global footprint, expand its talent pool, and accelerate client-focused growth by insourcing work previously managed by third parties. The announcement also highlights cross-business and cross-border collaboration within CIBC's global network.
    July 8, 2026
    Show AI Summary
    Customs clearance and real-time tracking shape efficient Canada to India parcel delivery across cross-border logistics.
    Cross-border shipping from Canada to India depends on coordinated customs clearance, accurate documentation, first-mile access, strategic hub routing, and mature last-mile delivery networks. An improperly completed customs declaration or weak logistical planning may delay freight, while digital tools and direct hub connections improve efficiency and reduce transfers. Reliable parcel delivery also depends on clear pricing, compliance handling, and real-time tracking from warehouse scan to final delivery.
    July 8, 2026
    Show AI Summary
    Money laundering probe under PMLA leads to searches over disproportionate assets and alleged proceeds through business entities.
    Enforcement Directorate conducted searches in Uttar Pradesh in a money laundering investigation under the Prevention of Money Laundering Act against a former Samajwadi Party MLA and linked persons. The probe arose from an FIR alleging disproportionate assets, and preliminary inquiry indicated laundering of proceeds of crime through companies and LLPs engaged in real estate, construction and other businesses.
    July 8, 2026
    Show AI Summary
    Merger approval under competition law for Malabar Group companies and Malabar Gold and Diamonds Limited in the jewellery sector.
    Merger approval under competition law for the combination involving 51 Malabar Group companies and Malabar Gold and Diamonds Limited. The proposed transaction envisages the merger of 51 transferor companies with the transferee company, most of which are engaged in the jewellery business. The transferee company is engaged in manufacturing, trading, retailing, wholesaling, supplying, distributing, importing, exporting, buying, franchising and otherwise dealing in jewellery and allied products.
    July 8, 2026
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    Competition approval for acquisition and merger in the education sector involving Sorting Hat Technologies and upGrad Education.
    Competition approval was granted for the proposed combination involving acquisition of certain shareholding in Sorting Hat Technologies Private Limited and its merger with and into upGrad Education Private Limited. The combination concerns two Indian private limited companies with presence in the education sector, including formal and non-formal education for the acquirer and non-formal education for the target.
    July 7, 2026
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    Aviation turbine fuel under GST sought to cut airline operating costs and improve financial viability.
    Airlines have sought inclusion of aviation turbine fuel under the GST regime to reduce operating costs and ease financial pressure on Indian carriers. The request points to the present tax structure under which States levy excise duty and VAT on ATF, making fuel a major component of airline operating expenses. The industry body urges that ATF be brought under GST at 5 per cent with full Input Tax Credit, and asks the civil aviation ministry to support engagement with the relevant ministries and stakeholders.

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      AGMS 2025 & AGMA 2025 Conclude with Global Voices and Vision for a Sustainable Maritime Future

      July 5, 2025

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      Chennai, Tamil Nadu, India – Business Wire India The AMET Global Maritime Summit (AGMS) 2025 and the AMET Global Maritime Awards (AGMA) 2025, jointly organized by the Dr. J. Ramachandran Maritime Foundation and AMET University, successfully concluded on July 2, 2025, at the Anna Centenary Library Auditorium, Kotturpuram, Chennai. This flagship event convened over 1200 delegates from more than 15 countries, representing academia, industry, policy-making, and maritime leadership, underscoring its stature as a key international forum advancing maritime discourse, innovation, and sustainability.

      Summit Theme and Objectives The summit was held under the inspiring theme “Sailing Towards Sustainability – Navigating the Future of the Maritime Industry,” reflecting a collective commitment to addressing critical challenges facing the maritime sector. Key thematic areas included: • Green Shipping and alternative energy sources such as methanol and green hydrogen • Maritime Education and Training with emphasis on emerging skill sets and soft skills • Seafarer Wellbeing, including mental health and onboard safety • Digital Transformation with AI, automation, and smart maritime operations • Ocean Sustainability and alignment with United Nations Sustainable Development Goals (SDG 4: Quality Education and SDG 13: Climate Action) Inaugural Ceremony The event commenced with a traditional Tamil Thai Vazhthu invocation, establishing an atmosphere of respect and unity. The welcome address by Capt. K. Karthik, Principal of the AMET Institute of Science and Technology, emphasized the importance of bridging academic knowledge with practical industry needs, particularly in sustainability.

      Prof. Dr. V. Rajendran, Vice-Chancellor, introduced the dignitaries, followed by the presidential address of Dr. J. Ramachandran, Founder-Chancellor of AMET University. Dr. Ramachandran highlighted the university’s strategic partnerships, including the Maersk Centre of Excellence and a new collaboration with Arizona State University for joint UG and MBA programmes integrating maritime studies and AI.

      The Chief Guest, Capt. Mohan Naik, Director of Dynacom Tankers Management Pvt Ltd, underscored the imperative of embedding sustainability in every maritime operation—from ship recycling to autonomous navigation—and stressed mental health support as essential for seafarer wellbeing. He called upon maritime institutions to prepare cadets for rapidly evolving technologies and regulatory frameworks.

      As Guest of Honour, Capt. Karan Kochhar, Head of Marine People (Asia), Maersk Fleet Management, praised AMET’s legacy in training seafarers and highlighted the central role of people, especially young cadets, in driving sustainable maritime innovation. He urged the cadets to embody resilience and humility as future maritime leaders.

      A special address by Dr. Rajesh Ramachandren, President of AMET University and Chairman of the Foundation, emphasized the need for a balanced maritime future integrating technology, environmental stewardship, social inclusion, and international collaboration.

      A landmark moment was the signing of an MoU between AMET University and Arizona State University, launching joint academic initiatives such as integrated UG (4+1) degrees, dual-campus MBA programmes, and executive courses aimed at developing future-ready maritime professionals.

      The inaugural ceremony concluded with a vote of thanks by Dr. V. Sangeetha Albin, Registrar of AMET University, who expressed gratitude to all participants and partners.

      Panel Discussions and Technical Sessions AGMS 2025 featured a dynamic series of panel discussions and technical sessions designed to foster interdisciplinary dialogue: • Panel I: “Will Humanities and Soft Skills Training Result in More Competent Officers?” Moderated by Ms. Harjeet Kaur Joshi, former CMD of Shipping Corporation of India, this session highlighted how empathy, communication, and cultural sensitivity are essential leadership qualities. Panelists advocated integrating maritime psychology and environmental ethics into curricula to enhance crew welfare and operational effectiveness.

      • Panel II: “Legal Recourses for Harassment at Sea – A Case Study Approach” Led by advocate Ms. S. Priya of Venki’s Law, Mumbai, the discussion focused on harassment issues at sea, legal frameworks, and organizational responsibilities. Emphasis was placed on creating psychologically safe environments and enforcing comprehensive anti-harassment policies aligned with national and international maritime laws.

      • Panel III: “Can Social Media Save the Seas?” Moderated by C/E Sridhar V, CTO of Maritime EdTech Academy, this unique panel included four AMET cadets who debated the dual-edged impact of social media. They underscored its potential for raising awareness and improving communication while cautioning against misuse and advocating structured digital literacy in maritime training.

      Concurrent to the panels, four technical tracks addressed critical maritime domains: 1. Maritime Education for a Sustainable Future: Curriculum innovation, competency-based learning, and pedagogy evolution 2. Digital Transformation & Smart Maritime Operations: AI, digital twins, ship automation, and navigational technology 3. Innovation & Sustainability in Maritime Practice: Alternative fuels, carbon reduction, and green logistics 4. Blue Economy, Ocean Health & Policy Integration: Marine biodiversity, ocean governance, and India’s strategic maritime role Over 120 research papers and presentations were delivered, showcasing cutting-edge maritime scholarship and reinforcing AMET’s role as a knowledge hub.

      Valedictory Ceremony and AGMA Awards 2025 The valedictory session was graced by Mr. David Eggleston, Deputy Consul-General of Australia, Chennai, as Chief Guest. Presided over by Dr. Rajesh Ramachandren, the session included the welcome address by Dr. Deepa Rajesh, Vice President (Academics), AMET University.

      Dr. Rajesh Ramachandren’s valedictory address stressed the urgent need for technological upgradation to meet global maritime challenges and reaffirmed AMET’s commitment to producing highly skilled, resilient seafarers ready for future demands.

      Col. Dr. G. Thiruvasagam, Provost of AMET University, presented the Jury Report for AGMA 2025, highlighting a rigorous international selection process under the chairmanship of Prof. Gabriel Raicu (Romania) and Dr. Stephen Hurd (Australia). The awards recognize outstanding achievements in three categories: Individual, Institutional, and Startup/Innovation, judged on leadership, educational impact, innovation, and SDG alignment.

      Award Recipients: • AGMA Maritime Leadership Award (Founder-Chancellor Nomination): Capt. Anmol Kumar Srivastava, Jawaharlal Nehru Port Authority, Mumbai, honored for heroic rescue of 57 lives during the Mumbai ferry disaster.

      • AGMA Maritime Leadership Award: Dr. Boyan Kirilov Mednikarov, Bulgaria – For transformative leadership in naval education.

      • AGMA Young Maritime Leadership Award: Mr. R. S. Lakshmi Balaji, Chennai – For pioneering integration of technology in maritime training.

      • AGMA Maritime Excellence Award: Centro Universitario di Studi sui Trasporti Euromediterranei (CUST Euromed), Italy – Recognized for contributions to maritime education and sustainable logistics.

      • AGMA Maritime Innovation Award: Dr. Karthik Ramachandran, Chennai – For marine biotechnology innovations supporting sustainable aquaculture.

      The awards were presented by Mr. Eggleston, Prof. Adam Weintrit (Chair, IAMU), and Dr. J. Ramachandran.

      Mr. Eggleston lauded Capt. Srivastava’s bravery and highlighted growing India-Australia collaboration in maritime security, clean energy, and education.

      Conference Report and Best Paper Awards Dr. T. Sasilatha, AGMS 2025 Technical Coordinator, reported over 120 scholarly articles presented across the four technical streams. Best Paper Awards recognized exceptional research contributing to maritime knowledge and innovation.

      Closing Remarks Founder-Chancellor Dr. J. Ramachandran expressed deep appreciation to awardees, jurors, faculty, and organizers. He emphasized AMET’s vision of global maritime excellence rooted in sustainability, innovation, and social responsibility. He warmly congratulated Capt. Srivastava and urged continued nurturing of maritime leadership. Dr. Ramachandran also encouraged enhanced educational ties with Australia, citing ongoing collaborations with Monash University in AI and Data Science.

      The event concluded with a vote of thanks by Capt. V. Chandrasekar, Principal of AMET City College, followed by the national anthem.

      About the Organisers • AMET University is India’s first dedicated maritime university, renowned globally for maritime education, research, and international partnerships.

      • The Dr. J. Ramachandran Maritime Foundation advances maritime education, policy, innovation, and leadership through platforms like AGMS and AGMA.

      To View the Image, Click on the Link Below: Release of proceedings of the AMET Global Maritime Summit 2025 (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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