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    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
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    India and Rwanda Hold First Joint Trade Committee Meeting to Deepen Bilateral Trade and Investment Cooperation
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    Sebi bars ZEEL for 2 months, Subhash Chandra, Punit Goenka for 1 year in Hyderabad land pledge case
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    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
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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
    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
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    Unauthorised pledge of listed-company land triggered securities-market bars for disclosure failures and misuse of management authority.
    Unauthorised pledge of ZEEL's Hyderabad land as security for loans obtained by promoter-linked entities was treated as a related-party transaction lacking prior audit committee approval. ZEEL failed to disclose the land's deployment in its financial statements. Its Chairman Emeritus was stated to have transferred title deeds by falsely representing management approval and to have concealed the transaction's nature. Securities-market prohibitions and monetary penalties were imposed with immediate effect.
    August 1, 2026
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    Trade and sustainable development policy integrates carbon regulation, sustainability standards and domestic frameworks to strengthen trade competitiveness and preparedness.
    Trade and Sustainable Development policy was examined in relation to international trade disciplines, sustainability regulation and India's trade strategy. Discussions considered carbon markets, carbon pricing, carbon border adjustment measures, sustainability standards and regulatory cooperation, and their implications for trade and industrial competitiveness. Domestic mechanisms, including the Carbon Credit Trading Scheme, Indian Carbon Market, Extended Producer Responsibility framework, and accreditation and conformity assessment systems, were considered for strengthening preparedness for emerging sustainability-related trade disciplines.
    August 1, 2026
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    Digital public procurement engagement begins with stakeholder events promoting transparent, efficient and inclusive marketplace governance.
    Government e-Marketplace launched ten-day celebrations preceding its tenth Foundation Day, including a commemorative logo, stakeholder events and recognition of employees, buyers and sellers. The programme begins a year-long nationwide outreach initiative bringing together buyers, sellers, policymakers, industry representatives and ecosystem partners through events, dialogues and collaborative platforms. Its stated focus is technology-enabled, transparent, efficient and inclusive public procurement.
    July 31, 2026
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    Strategic trade controls require dual-use exports to comply with national law and international obligations amid arms-transfer allegations.
    Strategic trade controls governing dual-use exports require Indian exports of dual-use items and technologies to comply with national law and India's international obligations. The stated framework applies to exports to various countries. In response to allegations concerning supplies to Israel, the position notes calls for an arms embargo covering direct or indirect transfers of arms and military material, including weapons, ammunition, parts and components, without determining the underlying allegations.
    July 31, 2026
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    Greenfield airport development under a public-private partnership advances licensed international passenger, cargo, logistics, and sustainable infrastructure.
    A greenfield international airport is being developed under a Public-Private Partnership and Design, Build, Finance, Operate and Transfer framework, with airport, aviation-hub, education and supporting infrastructure components. The airport has obtained an aerodrome licence and required safety, fire and environmental clearances. Passenger, airfield and terminal systems are designed for domestic and international operations. A cargo terminal with cold-chain facilities and integration with port, industrial-corridor and logistics networks are intended to strengthen exports and air-cargo logistics. Recycled-water use and LEED Platinum development standards form part of its environmental measures.

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      Dreame Technology Expands Offline Presence in India Through Partnership with Croma

      July 15, 2025

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      New Delhi, Delhi, India – Business Wire India Dreame Technology, a global leader in smart home appliances, has officially entered the offline retail space in India, through a partnership with Croma, marking a pivotal step in its growth strategy for the market. Following strong demand and consistent success on Amazon India, the brand is now bringing its intelligent cleaning and grooming innovations directly to physical retail—making its products more accessible, experiential, and tangible for Indian consumers.

      As part of its expansion plan, Dreame’s product range will be available across select Croma stores in over 20+ cities covering metros, tier 1 & tier 2. Starting today, customers can visit the "Dreame Zone" across Croma stores and experience Dreame's advanced and innovative products, such as robotic vacuums, cordless stick vacuums, wet - and - dry vacuums, and grooming products. By providing customers with a hands-on experience of Dreame's innovative product ecosystem, the brand aims to get closer to Indian households. Whether it is testing performance or understanding specifications, customers can now interact with Dreame's intelligent home solutions before making a purchase.

      Manu Sharma, Managing Director, Dreame India, said, "India is one of the most exciting markets for us globally. Our partnership with Croma is a significant milestone in Dreame's journey in India. For the first time, customers can walk into stores and experience our products up close - understanding their features, design, and performance in a real-world setting. This offline presence is not just about increasing awareness - it's about building trust, fostering interaction, and ensuring that Indian consumers have every opportunity to discover how Dreame can enhance their daily lives through intelligent innovation. By entering Croma’s stores, we’re giving consumers the opportunity to truly understand what Dreame stands for—performance, aesthetics, and intelligent design—right at their fingertips." The move reflects a growing shift in Indian consumer preferences toward high-tech, design-led home solutions that deliver real everyday value. By combining online momentum with offline accessibility, Dreame is creating a phygital brand experience that meets India’s diverse shopping behaviors. This development comes on the heels of Dreame onboarding Kriti Sanon as its first Indian brand ambassador, reinforcing the company’s serious, long-term investment in the Indian market.

      As a part of the introductory offer, starting from 15th July - 20th July customers can avail attractive offers on Dreame products across Croma stores and avail upto 10% additional discount on select credit card purchases from IDFC Bank, Amex, HSBC and Bank of Baroda. Additionally, No Cost EMI options are also available on select models. Whether you're upgrading your cleaning routine or investing in smarter home appliances, this is the perfect time to bring home Dreame’s premium innovations at exceptional prices.

      Retail experts have noted that offline availability often plays a pivotal role in building brand loyalty and accelerating adoption—especially in high-involvement categories like smart home appliances. This launch is a strategic effort to complement digital sales with physical touchpoints that build confidence and drive conversion.

      To support this move, Dreame has also rolled out dedicated after-sales infrastructure, including a toll-free customer helpline, pickup & drop support, and on-site installation along with 2-year warranties on grooming products and 1-year coverage on cleaning devices—ensuring that ownership is as seamless as the purchase journey.

      With this offline foray, Dreame is taking a confident step forward in becoming a household name in India, offering smarter, cleaner, and more connected living experiences tailored for modern Indian homes.

      About Dreame India Dreame Technology started operations in India in early 2023. Our roots delve into the heart of tech, aiming to revolutionize daily life for our global consumers. Currently, the company offers products across robotic vacuums, wet and dry vacuums, cordless stick vacuums and grooming. All Dreame products are available on Amazon.

      About Dreame Technology Founded in 2017, Dreame Technology ("Dreame" for short) is an international tech firm constantly seeking innovation and delivering new levels of daily life convenience for its global consumers. Pushing tech boundaries lies at the very heart of Dreame. In 2015, the company's founding team pioneered high-speed digital motors, the building blocks of smart appliances. Subsequently, Dreame continued its journey by developing intelligent algorithms. This combination has granted our products distinctive edges. So far, Dreame has applied for up to 6,004 patents worldwide, 2637 already authorized and 2183 invention patents. Dreame's smart products aim to save individuals' time on household chores so they can focus more on pursuing their dream life through our major product lines: robotic vacuums, cordless stick vacuums, wet and dry vacuums, and high-speed hair dryers. Yet, our ambitions soar even higher. Robotic lawn mowers, cordless robotic pool cleaners, and commercial food delivery robots are under development, with more lineups in the pipeline.

      Locations City Name Address Contact Google Maps Mumbai Powai, Mumbai 1st Flr, Ventura Building, Central Avenue Road, Powai, Opposite Starbucks, Mumbai, Maharashtra, India, 400076 8655643066 https://maps.google.com/maps?cid=5899009931650885892 Mumbai Mumbai-Oberoi Mall Western Express Highway, Goregaon East, Mumbai, Maharashtra, India, 400063 Mumbai Infiniti Mall, Mumbai Unit No Lg 002, Infiniti Mall, New Link Road, Malad West, Mumbai, Maharashtra, India, 400064 8691088260 https://maps.google.com/maps?cid=672771402915312221 Mumbai Borivali, Mumbai Ground & 1st Floor, Natraj CHS, Sodawala Lane, Borivali West, Mumbai, Maharashtra, India, 400091 8291008759 https://maps.google.com/maps?cid=3604539226511423009 Navi Mumbai Seawoods Mall, Navi Mumbai 1st Floor, Nexus Seawoods Mall, Sector 40, Near Seawoods Railway Station, Navi Mumbai, Maharashtra, India, 400706 8976904302 https://maps.google.com/maps?cid=4050086170159580391 Thane Thane-Ghodbunder Road House No 43, No 32/2H, Ground Floor, Kapurbawdi Junction, Kailash Nagar, Next to Bank of Baroda, Thane, Maharashtra, India, 400607 089769 04303 https://maps.google.com/maps?cid=9487130475166437347 Pune Baner, Pune Ground Floor, Pride Gateway, Veerbhadra Nagar, Baner, Pune, Maharashtra, India, 411045 7208981679 https://maps.google.com/maps?cid=16159559282408495296 Pune Pune-Seasons Mall Ground Floor, Seasons Mall, Magarpatta, Hadapsar, Pune, Maharashtra, India, 411028 089769 11833 https://maps.google.com/maps?cid=4734675818195905131 Delhi NCR Worldmark 2, Gurugram No 2/A212, Gr & 1st Flr, Wolrdmark, Medawas, Sector 65, Gurugram, Haryana, India, 122018 8929564799 https://maps.google.com/maps?cid=9667526580025182183 Vadodara Centre Square Mall, Vadodara, Gujarat Centre Square Mall, Sarabhai Road, Opp Vadodara Central, Vadodara, Gujarat, India, 390007 9574662338 https://maps.google.com/maps?cid=120070217873862556 Hyderabad Hyderabad-AS RaoNagar Plot No 2, Tirupathi Reddy Plaza, As Rao Nagar, G Block Colony, Kapra, Hyderabad, Telangana, India, 500062 092468 38476 https://maps.google.com/maps?cid=5152213742268242481 Hyderabad Hyderabad-Panjagutta No 6/3/664, GF, Prestige Towers, NH 65, Punjagutta Rd, Somajiguda, Punjagutta, Hyderabad, Telangana, India, 500082 9160850202 https://maps.google.com/maps?cid=3349102794913117667 Hyderabad Hyderabad-Khajaguda S No 163, Nanakramguda Road, Khajaguda, Hyderabad, Telangana, India, 500008 091543 85498 https://maps.google.com/maps?cid=13096793622726414333 Hyderabad Hyderabad-Kompally Survey No 128, Gr Flr, Ratna Arcade, NH 44, Kompally, Near Sree Vensai Towers, Rangareddy, Telangana, India, 500014 091601 80011 https://maps.google.com/maps?cid=7575438523676816594 Hyderabad Hyderabad-L B Nagar Survey No 9/9 Lb, Gr Flr, DV Cascade, Nagar Service Road, Saroornagar, LB Nagar, Hyderabad, Telangana, India, 500074 092468 10230 https://maps.google.com/maps?cid=2826032808360529530 Hyderabad Hyderabad-Jubilee No 755, Ground & 1st Flr, Phase 1, No 36, Kavuri & Jubilee Hills, CBI Col, Hyderabad, Telangana, India, 500033 9246810231 https://maps.google.com/maps?cid=1244148365989599642 Hyderabad Hyderabad-Kokapet The Classe By DSR, Gandipet Main Rd, opposite Rockwell International School, Kokapet, Hyderabad, Narsingi, Telangana 5000750 9035172394 Bangalore Bangalore-Koramangala No 23, Gr Flr, Indraprastha Equinox, 100 Feet Inner Ring Road, Koramangala, Bengaluru, Karnataka, India, 560095 077958 38018 https://maps.google.com/maps?cid=5923425845857285176 Bangalore Bangalore-Whitefield Survey No 66/1, Old No 66, Miraya Rose, Varthur Hobli Road, Siddapura, Bengaluru, Karnataka, India, 560066 077958 38013 https://maps.google.com/maps?cid=13950138781581852002 Bangalore Bangalore-Nagarbhavi 58, Udayagiri Elegance, Apoorva Layout, 2nd Stage, Yeshwantpur, Hobli, Nagarabhavi, Near 80 Ft Main Road, Bengaluru, Karnataka, India, 560072 Bangalore Bangalore-J P Nagar No 45/1/1, Gr & 1st Flr, Woodys, 17th & 5th Cross, Marenahalli Rd, JP Ngr, Bengaluru, Karnataka, India, 560078 091549 91503 https://maps.google.com/maps?cid=8716631522847833260 Hassan Hassan-BM Road SAS No 104, WN 01, C Karigowda School Rd, PID N0 1/4/544/16A, Bangalore Mangalore Rd, Opposite Hassan Club, Hassan, Karnataka, India, 573201 063667 69809 https://maps.google.com/maps?cid=16897648653033663535 To View the Image, Click on the Link Below: Now closer to you — Dreame’s smart home range is available at Croma stores in 20+ Indian cities (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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