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    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
    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
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    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
    Show AI Summary
    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
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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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.

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      'Hong Kong Summer Viva': Calling All Fans to Dive into Festivals, Games and Parties – Only in Hong Kong!

      July 11, 2025

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      Hong Kong (NewsVoir) This summer, Hong Kong invites the world to experience “Hong Kong Summer Viva,” a season-long celebration of everything we love about summer, with exclusive experiences, parties and adventures for every type of fan. From theme park parties and island escapes to action-packed sports events, buzzing fairs and surprise pop-ups, Hong Kong Summer Viva is your invitation to dive headfirst into a summer to remember – only in Hong Kong.

      Global Fans Unite for Fun-Filled Theme Park Celebrations Get ready to groove into the summer party vibes! Starting June 28, Hong Kong Disneyland Resort (HKDL) has begun its 20th anniversary celebrations with The Most Magical Party of All, a year-long extravaganza filled with three unmissable festivities, including a brand-new anniversary-only castle stage show, largest-ever parade and the grandest nighttime spectacular in HKDL’s history. At this day-to-night party, tempt your tastebuds with more than 80 new food and drink creations, complete your party look with over 300 all-new 20th anniversary merchandise, and receive a complimentary digital party photo via the Disney PhotoPass mobile app.

      In collaboration with the Hong Kong Tourism Board, the Resort is introducing a limited-time postcard redemption offer. Fans registered on the DHK who spend HK$100 or more in a single transaction at any merchandise store in Hong Kong Disneyland Park can receive a complimentary, resort exclusive postcard* (while stocks last).

      Guests can mail the postcard for free using the in-park mailbox, sharing the magic of the 20th Anniversary celebration with friends and family around the world. Make your summer even more magical with this special keepsake! Over at Ocean Park Hong Kong, the fun continues with Ocean Park Summer Splash 2025. From 5 July to 24 August, panda lovers are in for a treat as they celebrate the first birthday of the Hong Kong’s panda twins – Jia Jia and De De, and meet their newest IP character installations, which are dressed in summer gear to welcome all visitors. Ocean Park Hong Kong will also offer special deals for overseas panda fans, including its first-ever “Twin Park Package Ticket” granting access to both parks. Guests can also receive an exclusive summer goodie bag filled with a panda luggage tag and park vouchers, with first come first serve purpose.

      The family-friendly Summer Splash 2025 also features water gun battle zones, a giant ball pool and adorable water play areas for little ones. As day turns to night, Water World Ocean Park Hong Kong will be turning up the energy with a splash-tastic dance party, including live DJ sets and picture-perfect sea views.

      Football Fever Takes Over Hong Kong Kicking off at the end of July, Hong Kong Football Festival 2025 will bring together four of the world’s top clubs – Liverpool FC, AC Milan, Arsenal, and Tottenham Hotspur – to face off at the new Kai Tak Stadium. Fans can catch two blockbuster matches on separate days: Liverpool FC vs. AC Milan on 26 July, and Arsenal vs. Tottenham Hotspur on 31 July, marking the first North London Derby played outside the UK.

      Exclusive open training sessions at Kai Tak Stadium offer rare access on 24 July (Liverpool FC), 29 July (Tottenham Hotspur), and 30 July (Arsenal). AC Milan’s Open Training will be held at the Hong Kong Stadium on 25 July. Additional club-led events and activities for fans will be announced. Please stay tuned! For Cristiano Ronaldo fans, the CR7® LIFE Museum Hong Kong will be on display for the first time in Asia, starting July 7 at K11 MUSEA. First signature museum of the football GOAT in Asia offers a captivating journey through the life and career of football’s greatest icon, Cristiano Ronaldo. This unique exhibition offers fans an unprecedented glimpse into the world of football through the eyes of one of the sport's most celebrated players.

      Sun-Soaked Islands and Marine Adventures for Outdoor Enthusiasts Island-hopping in Hong Kong offers more than just sun and sea – it’s a gateway to natural wonders and rich marine life, too. From June to August, travellers can enjoy a breezy two-hour “Sai Kung Volcanic Rock Region Boat Tour” with Recommended Geopark Guide (R2G) across this scenic UNESCO-listed corner of Hong Kong, where dramatic coastal formations like the Elephant Trunk Cave await.

      UNESCO Global Geopark - R2G Boat Tour of the Sai Kung Volcanic Rock Region Details: The Sai Kung Geopark boat tour runs from June to August, taking place every Tuesday, Saturday, and Sunday. Each day offers three rides at 9:00 AM, 12:00 PM, and 3:00 PM. The tour begins at Sai Kung Pier and follows a scenic route that includes a 30-minute stop at Sharp Island, followed by views of the bell-shaped sea arch, Basalt Island, Po Pin Chau, and Elephant Trunk Cave, before returning to Sai Kung Pier. The entire tour lasts approximately two hours.

      Tours are conducted in both English and Mandarin. The fee is HK$380 per person, with the same price applying to both adults and children. To join the tour, participants can register online at Trip.com.

      For a deeper dive beneath the surface, book your spot on a guided Coral Exploration Programme with the WWF Hong Kong Hoi Ha Marine Life Centre in the northeastern New Territories. You’ll glide over the marine park on a glass-bottomed boat, spot vibrant coral reefs and learn about local coral restoration efforts – a fascinating look at the city’s vibrant underwater ecosystem.

      Coral Exploration Tour Details: The Coral Exploration Tour is available from June to September and offers a unique opportunity to learn about Hong Kong's marine environment and the Hoi Ha Marine Park. Participants will explore the coral community in Hoi Ha and observe the vibrant corals of Hoi Ha Wan aboard a glass-bottomed boat. This activity is suitable for individuals aged 5 and above. The tour also includes a visit to a coral nursery facility.

      Round-trip transportation between Sai Kung and Hoi Ha Wan is provided. Tours are conducted in both English and Mandarin. The fee is HK$360 per person, with the same rate for both adults and children. To register, visit WWF Hong Kong’s booking page.

      2 Must-Visit Summer Fairs for Curious Minds Book lovers can look forward to two exciting events at the Hong Kong Convention and Exhibition Centre (HKCEC) in Wan Chai this summer. From 16 to 22 July, the Hong Kong Book Fair returns with the theme of the year, “Food Culture • Future Living”. It brings together publishers, authors and readers to promote the culture of reading through seminars with renowned authors from around the world, a range of cultural activities and the World of Art and Culture zone, all to inspire the public to explore reading the world.

      Then, from 25 to 29 July, the spotlight shifts to fandoms of a different kind with the five-day Ani-Com & Games Hong Kong (ACGHK), the city’s premier festival for anime, comics, gaming and cosplay. Whether you're a devoted manga enthusiast or just dipping your toes into the gaming world, this high-energy pop culture fest delivers an afternoon of colour, creativity and pure fun. ACGHK 2025 introduces a dedicated Tourist Fast Lane (Gate 1B) at normal ticket price for international visitors holding valid travelling documents.

      Even More Hong Kong Summer Events and Offers Besides attractions, hotels and Quality Tourism Services (QTS) Scheme-certified merchants are supporting HKTB’s “Hong Kong Summer Viva” thematic promotion. Starting on 23 June, locals and visitors can enjoy more than 100 summer dining and spending offers, including more than 20 of buy-one-get-one-free offers, covering merchandises and tourism products such as sweet soup drink, beverages, hotel afternoon tea sets and hotel buffet deals and many more. Various attractions and transport operators will also provide discounts and hospitality treats, such as free packages for round trip peak tram ride and Sky Terrace 428 admission ticket and water taxi tour around Victoria Harbour for HK$100. Further details will be announced in due course.

      Visit the Hong Kong Summer Viva page for full event details and insider tips. And don’t miss the revamped Discover Hong Kong travel platform, now featuring monthly event timelines, powerful search tools and up-to-date listings to help you plan the ultimate summer getaway.

      Click here to download high-res images.

      About Hong Kong Tourism Board (HKTB) The Hong Kong Tourism Board (HKTB) is a government-subvented body tasked to market and promote Hong Kong as a travel destination worldwide and enhance visitors’ experience once they arrive. These include making recommendations to the Government and other relevant bodies on the range and quality of visitor facilities.

      The HKTB’s missions are to maximise the social and economic contribution made by tourism to the community of Hong Kong and to consolidate Hong Kong’s position as a unique, world-class, and most desired destination.

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

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