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    DRI seizes quantities of gold; drugs, e-cigarettes and other contraband in pan-India Ops; 20 persons, including 5 foreign nationals, arrested
    Union Government releases tax devolution of ₹1,09,019 crore to State Governments, as one advance instalment to accelerate their capital and deve...
    Raymond Lifestyle Limited Delivered a stable Q1 FY27 Performance
    Rupee rises 31 paise to 95.12 against US dollar in early trade
    Customs seizes 8 kg gold worth over Rs 11 cr at Kerala airports in one week
    Drill, Baby, Drill: India to fund Rs 650 cr per well for 60 deepsea wells to break its oil import habit
    Punjab GST revenue rises 20 pc to Rs 10,447 crore in April-July: Cheema
    India-China trade through Shipli La resumes after six years
    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
    Gross and Net GST revenue collections for the month of July, 2026
    India and Rwanda Hold First Joint Trade Committee Meeting to Deepen Bilateral Trade and Investment Cooperation
    West Bengal GST collection rises 2 pc in July to Rs 5,564 crore
    Gross GST collection kitty swells 15.4 pc to over Rs 2.11 lakh cr in July
    RBI says USD 40.82 bn mobilised under forex swap facility till Jul 31
    Sebi bars ZEEL for 2 months, Subhash Chandra, Punit Goenka for 1 year in Hyderabad land pledge case
    Department of Commerce Holds Workshop on Trade and Sustainable Development Policy Landscape
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    August 3, 2026
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    Anti-smuggling enforcement targets concealed gold, narcotics, protected products, prohibited e-cigarettes and restricted imports through coordinated intelligence operations.
    Intelligence-led anti-smuggling operations resulted in seizures of foreign-origin gold, narcotic drugs, hydroponic weed, protected wildlife and forest products, prohibited electronic cigarettes, and restricted poppy seeds and areca nuts. The operations identified concealment through fabricated baggage cavities, false cargo declarations, misdeclaration of origin, forged documentation, and concealment in transport vehicles. Poppy seeds are restricted under the Foreign Trade Policy and may be imported only subject to conditions concerning legally cultivated produce from designated countries and registration of import contracts with the Narcotics Commissioner.
    August 3, 2026
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    Tax devolution advance instalment strengthens State finances for accelerated capital and developmental expenditure through distribution of Union tax proceeds.
    Tax devolution was released to State Governments as an additional advance instalment alongside the normal monthly devolution schedule. The fiscal transfer shares net proceeds of Union taxes and duties with States, with the stated purpose of strengthening State finances and supporting accelerated capital and developmental expenditure. The release includes a State-wise distribution of tax-devolution proceeds.
    August 3, 2026
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    Financial performance reporting highlights revenue and EBITDA growth, garmenting recovery, retail optimisation, ESG commitments, and forward-looking risk disclosures.
    Financial performance reflects growth in total income and EBITDA, with improved margin, reduced net working-capital days, and a net-cash position. Branded textiles and high-value cotton shirting reported lower revenue due to the prior-year base effect, while branded apparel grew but faced lower margin from channel mix. Garmenting improved through order-book execution, tariff rationalisation, and new global clients. ESG priorities include female representation, waste-management initiatives, renewable energy, emissions reduction, and workplace safety. Forward-looking statements remain subject to regulatory, political, economic, and technological risks.
    August 3, 2026
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    Foreign exchange market support strengthens the rupee as lower crude prices, portfolio inflows and reserve growth improve sentiment.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar, attributed to lower global crude oil prices, a weaker dollar, sustained foreign portfolio inflows, higher foreign exchange reserves, and Reserve Bank of India presence in the foreign exchange market. Domestic equity market gains and net foreign institutional equity purchases were also identified as supporting factors.
    August 2, 2026
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    Gold smuggling detection targets sophisticated concealment methods through strengthened passenger profiling, intelligence gathering and coordinated investigations into organised networks.
    Gold smuggling detection at Kerala airports led to multiple seizures, registration of cases and arrests in alleged smuggling attempts. Organised networks reportedly use gold in paste or compound forms concealed in clothing, body cavities, aircraft seats and other unconventional locations. Enforcement measures include strengthened passenger profiling, intelligence gathering and inter-agency coordination, while investigations continue to identify associated syndicates and financiers.
    August 2, 2026
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    Offshore exploration funding supports deepwater drilling, shared infrastructure and seismic data to strengthen domestic hydrocarbon production potential.
    The Samudra Manthan National Offshore Exploration Scheme provides direct budgetary support for high-risk deepwater and ultra-deepwater exploratory drilling, subject to cost-sharing and per-well limits. Support is available to eligible operators holding or securing exploration acreage. The scheme also funds offshore data acquisition and shared subsea, receipt and processing infrastructure through a Common Hub Infrastructure model. It is intended to promote risk exploration, improve commercialisation of offshore discoveries and strengthen domestic hydrocarbon production potential within the existing exploration and licensing framework.
    August 1, 2026
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    GST compliance enforcement combines taxpayer refunds, analytics-based fraud detection, cancellation of fake registrations, and recovery of outstanding VAT arrears.
    Punjab attributed increased GST collections to voluntary compliance, intelligence-based enforcement and technology-driven tax administration, while facilitating compliant taxpayers through timely GST refunds. Data analytics, risk profiling and field verification were used to identify tax evasion, bogus billing, fake input tax credit networks and misuse of the GST registration framework. Measures included penalties, cancellation of fraudulent registrations and recovery of long-pending VAT arrears through attachment and auction of defaulters' properties.
    August 1, 2026
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    Cross-border barter trade resumes through Shipki La, subject to permitted goods, time limits, and import-export compliance requirements.
    Cross-border barter trade through Shipki La between India and Tibet resumed after a six-year interruption. Traders may exchange specified goods under a barter arrangement and must return within 72 hours. Traders are required to comply strictly with import-export regulations prescribed by the Union Ministry of Commerce, emphasising transparency and regulatory compliance. Expansion of permitted goods may be pursued through prescribed governmental and external-affairs channels.
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    GST collection growth in West Bengal continued year-on-year in July but remained below the national growth trend.
    West Bengal's July GST collection increased year-on-year and over the preceding month, marking a second consecutive month of annual growth. Official data also indicated that the State's annual growth rate was below the national trend, while gross domestic GST revenue excluding imports and overall gross GST collections including import-related taxes rose nationally during July.
    August 1, 2026
    Show AI Summary
    GST collection growth reflects higher revenue mobilisation from domestic transactions and imports, with refunds adjusted in net revenue.
    Goods and Services Tax collections increased in July, driven by higher revenue from domestic transactions and imports. The gross collection comprised Central GST, State GST and Integrated GST components. Refunds also increased during the month, and net GST revenue was determined after adjustment of refund outflows from gross tax receipts.
    August 1, 2026
    Show AI Summary
    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
    Show AI Summary
    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.

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      From Startup Struggles to Global Success: How Webomindapps Became the Top Web Development Company in Bangalore

      July 10, 2025

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      12+ Years of Driving Innovation, Building Strong Partnerships, and Inspiring Client Growth Bangalore, Karnataka, India - Business Wire India In just over a decade, Webomindapps has grown from a small startup into one of Bangalore’s most trusted web development companies, serving a global network of clients. With a portfolio of over 2,000 successful projects delivered across 25+ countries, the organization continues to help businesses of all sizes achieve their digital transformation goals. Throughout its journey, the company has enabled businesses to grow with custom web development services in Bangalore, designed for both local and international organizations.

      Webomindapps was founded with a simple mission: to bridge the gap between businesses and their potential digital success. Today, as a top web development company in Bangalore, it is known for providing quality services, transparent communication, and innovative ideas.

      “Every milestone we have reached reflects our team’s relentless dedication and our clients’ trust in our expertise,” said Ramya Krishnappa, Co-Founder & Managing Director of Webomindapps. “We have grown not just in size, but in the value we deliver.” From Humble Beginnings to Global Impact Webomindapps started its journey in Bangalore with a small team, limited resources, and the vision of building a brand from scratch. As a bootstrapped startup, it pushed through with determination and a clear goal for the future while staying focused on finding and building meaningful partnerships.

      Initially formed as a web development company for startups, Webomindapps focused on building functional and user-friendly websites for early stage businesses. This approach soon led to strong partnerships and repeat clients. The brand reputation quickly grew, and the company expanded its offerings to support large businesses and enterprises, establishing itself as a go-to partner for businesses that needed scalable web design, web development, and digital marketing solutions.

      Webomindapps stayed resilient during the pandemic, a time when many competitors struggled. Instead of slow growth, Webomindapps doubled its size, secured larger projects, and invested in smart talent, processes, and new technologies. The team expanded its portfolio to include digital marketing, SEO, UI/UX design, software development, and branding solutions.

      Having earned years of experience with hard work, Webomindapps took its vision global by establishing a presence in Dubai.

      Today, the brand is recognized as a trusted provider of custom web development and digital marketing strategies to small, medium, and large enterprises across the globe.

      What Drives Webomindapps' Success • Collaborative Culture: A collaborative team that values creativity, clear communication, and consistently delivers high quality projects.

      • Client-First Approach: With custom development, timely updates, and dedicated support, every project is shaped by the client’s vision and goals.

      • Cutting Edge Technology: Webomindapps stays ahead of its competitors by using modern frameworks, AI tools, and scalable technologies to create advanced websites.

      • Complete Services: As a full service web design company in Bangalore, they handle everything from web design and development to digital marketing, providing a one stop solution for a brand’s online presence.

      • Industry Experience: With a proven track record in sectors like eCommerce, real estate, healthcare, education, and fintech, the team brings valuable industry knowledge to every project.

      End to End Web Development and Marketing Strategies Under One Roof Webomindapps is a full service digital agency that offers a wide range of services by implementing our innovative strategies to create impactful digital experiences. Whether you’re a startup, medium or large enterprise, Webomindapps brings innovation, performance, and vast experience to every project.

      Web & App Development Webomindapps develops custom websites, mobile apps, and web applications aligned with each client’s unique business goals. As a dedicated e-commerce development company, it also delivers e-commerce platforms that have unique features and are optimized for growth. All solutions are built to be fast, secure, and scalable, using the latest technologies for smooth performance across all platforms.

      • Web Designing Services • Web Development Solutions • Ecommerce Website Development • WordPress Website Development • Web Application Development • Mobile Application Development • Software Development Design & Branding Webomindapps blends creative designs with a user focused method to build visually catchy UI/UX and strong brand identities. Each design is carefully created to reflect a company’s brand and increase user engagement and experience.

      • UI/UX Design • Graphic Design • Brand Strategy • Motion Design & Animation • Creative Strategies Digital Marketing Webomindapps implements digital marketing strategies that focus on real and measurable results. By combining SEO, paid ads, and social media, the team helps brands attract the right audience, keep them engaged, and increase conversions.

      • SEO Services • Social Media Marketing • Pay Per Click (PPC) Advertising • Content Marketing • Email Marketing Transforming Business Operations with AI Enhanced Web Development and Intelligent Agents As a part of its innovative approaches, Webomindapps is now using advanced AI tools and building intelligent agents. These technologies help businesses automate their operations, offer personalized user experience, and grow faster.

      “Our goal is to help businesses not just build websites, but create smart digital ecosystems,” said Manikanda Pandian, Founder & CEO of Webomindapps. “From user experience to customer support, we are using AI to solve real business challenges.” Webomindapps’ AI innovation is now led by Witzo, a dedicated division focused on developing intelligent automation tools for specific industry needs. Witzo is built to design and deploy custom AI agents using powerful Large Language Models (LLMs) that address challenges in various sectors like healthcare, eCommerce, education, real estate, HR, finance, and hospitality.

      By combining conversational AI with each industry’s knowledge and modern frameworks, Witzo provides secure and scalable agents that can automate tasks like customer support, appointment booking, product recommendations, and lead follow ups. This helps businesses reduce manual work, respond fast, and scale operations efficiently.

      Client Success & Global Footprint Over the years, Webomindapps has had the opportunity to work with organizations across the US, Europe, the Middle East, Australia, and Southeast Asia. With more than 2,000 projects successfully delivered, it has a strong global presence and a trusted brand name. A customer retention rate of over 90% reflects the value they provide. Many businesses continue to return for new features, redesigns, and continued digital growth. From reducing development time to improving customer engagement and brand visibility, Webomindapps provides valuable solutions that enable partners to grow efficiently and scale faster. Whether to assist a startup with it’s first product launch or guiding an enterprise through digital change, they bring the same level of dedication, expertise, and care to every project.

      Vision for the Future Webomindapps aims to expand its global presence and continue to innovate with design, technology, and AI. While already recognized for its web development services in Bangalore, the organization is now focused on building smart AI agents and scalable digital platforms to help businesses across industries.

      Along with its expansion across India and the Middle East, Webomindapps is committed to building lasting relationships, maintaining quality standards, and shaping the next generation of digital experiences.

      About Webomindapps Established in 2013, Webomindapps is a Bangalore-based web design and development company known for creating scalable and high-performance digital solutions. Over the past 12+ years, the company has matured to become a top web development company in Bangalore. With a strong focus on innovation and user-friendly design, Webomindapps delivers a wide range of digital services from custom website development and eCommerce platforms to UI/UX design, AI-powered web solutions, and end-to-end digital marketing. Supported by a skilled in-house team and a proven track record of delivering over 2,000+ successful projects for startups, SMEs, and enterprises across 25+ countries. Webomindapps has earned a reputation for its technical excellence, integrity, and long-term client relationships.

      • Website: https://www.webomindapps.com/ • Office locations: 24, 2nd floor, 5th Cross Rd, KHB Colony, 5th Block, Koramangala, Bengaluru, Karnataka, India, 560095 (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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