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    Reliance promoters raise stake by 0.5 pc through Rs 8,500-9,000 cr worth of share purchases
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    ESDS Launches Swaraj Nandi and Swaraj Hansa, Two Sovereign Enterprise Security Platforms Built Entirely in India
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    July 17, 2026
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    Promoter shareholding increase through market purchases remains within creeping acquisition limits and signals confidence in long-term growth prospects.
    Promoter and promoter-group shareholding in Reliance Industries Ltd increased by nearly 0.5 percentage points through market purchases during the June quarter. The purchases were reported to be within SEBI creeping acquisition limits, allowing gradual promoter acquisitions without triggering a mandatory open offer where prescribed thresholds are met. The increase may strengthen promoter control and marginally reduce public float, and was characterised as reflecting confidence in long-term growth, earnings trajectory and capital-allocation plans.
    July 17, 2026
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    Tariffs on Russian oil purchasers would target sanctions evasion, with reassessment mechanisms and limited energy-sector exemptions proposed.
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    July 17, 2026
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    Foreign currency non-resident deposits enable overseas Indians to invest foreign earnings while supporting India's foreign-exchange reserves.
    Foreign Currency Non-Resident deposits allow Non-Resident Indians and Persons of Indian Origin to maintain overseas earnings as foreign-currency fixed deposits with Indian banks without conversion into Indian rupees. Banks may offer enhanced interest rates for a limited period under an initiative intended to strengthen foreign-exchange reserves and support the rupee. The framework covers the investment process, regulatory requirements, taxation aspects and advantages for eligible overseas investors.
    July 17, 2026
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    GST compliance management integrates reconciliation, input tax credit support, invoicing and statutory monitoring within an AI-powered enterprise platform.
    The unified cloud platform combines accounting, manufacturing, inventory, procurement, human resources, payroll, compliance, reporting and document management with an embedded AI agent. Its compliance functions include GST validation, purchase-register reconciliation with GSTR-2B, input tax credit support, supplier filing-gap detection, e-invoicing, e-way bills, TDS and statutory due-date tracking. Financial and operational workflows are intended to use common real-time data, with automation for invoices, journal entries, reconciliations, reporting, workflow approvals and compliance-risk monitoring.
    July 17, 2026
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    Institutional trade cooperation expands through industry MoUs, supporting investment, innovation and technology partnerships across strategic economic sectors.
    Bilateral trade and investment cooperation was advanced through ministerial discussions and industry engagements concerning financial markets, innovation, enterprise financing and commercial relations. Two institutional Memoranda of Understanding established mechanisms for industry collaboration and greater business engagement. Sector-specific interactions covered digital and frontier technologies, space, clean energy, bioeconomy, circular economy, infrastructure and advanced manufacturing, focusing on collaboration, investment and technology partnerships.
    July 17, 2026
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    Codex spice standards harmonise quality benchmarks for cardamom, coriander and vanilla, supporting trade consistency, market access and export competitiveness.
    Codex standards for large cardamom, coriander and vanilla establish harmonised international quality benchmarks following review by relevant committees on analytical methods, food additives and food labelling. The standards are intended to promote consistent quality requirements, facilitate trade, improve market access and support export competitiveness. India was also accepted as Co-Chair of an Electronic Working Group developing policy guidance on risk analysis for new food products.
    July 17, 2026
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    Export readiness for MSMEs strengthens global market access through trade intelligence, standards compliance, preferential origin rules and trade remedy awareness.
    Export readiness for Indian MSMEs is supported through practical guidance on identifying export opportunities, market-access requirements, trade intelligence tools, international standards, sustainability requirements and buyer identification. International expansion strategies include using preferential Rules of Origin and cooperation mechanisms under Free Trade Agreements, selecting export destinations, product positioning, diversification and value addition. Trade remedy awareness and guidance on unfair trade practices and import surges, together with institutional support, partnerships and trade-exhibition participation, can strengthen global competitiveness and integration into global value chains.
    July 16, 2026
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    Reciprocal tariff measures and multilateral dispute settlement are pursued in response to contested import duties.
    Reciprocal tariff measures are proposed in response to a new tariff on specified Brazilian imports allegedly involving unfair trade practices. Brazil rejects those allegations and proposes to use its reciprocity-law mechanisms, including reciprocal tariffs and other trade-related countermeasures, while pursuing multilateral dispute settlement. It maintains that trade investigations must conform to multilateral international-trade rules and notes that the tariff may burden exports and increase commercial uncertainty.
    July 16, 2026
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    Section 301 tariff authority offers a procedurally constrained route to replace temporary global import tariffs after emergency powers failed.
    Import-tariff authority is shifting from emergency-based measures to temporary and investigatory powers under the Trade Act of 1974. Section 122 supports a global tariff measure only for a limited period, whereas Section 301 permits tariffs or trade sanctions for unjustifiable, unreasonable, or discriminatory foreign trade practices after required public-comment and hearing procedures. Current Section 301 investigations concern forced-labour imports and alleged overproduction by trading partners. A more rule-bound tariff framework may reduce, but not eliminate, commercial uncertainty, and broad use of Section 301 for near-universal tariffs may face legal challenge.
    July 16, 2026
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    International food-safety and phytosanitary compliance supports premium cherry and plum exports from Jammu and Kashmir to Singapore.
    Export of premium cherries and plums from Jammu and Kashmir to Singapore was facilitated to expand overseas market access for temperate fruits. The produce underwent scientific cultivation, optimum-maturity harvesting, grading, sorting, packing and cold-chain handling in compliance with international food-safety and phytosanitary standards. The initiative highlights quality enhancement, market development, logistics, export-oriented production and improved post-harvest management for horticultural exports.
    July 16, 2026
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    Electricity bill recovery and prepaid departmental billing are presented alongside independent tariff regulation and rooftop solar promotion.
    Electricity-payment arrears were reported against government departments and non-government consumers. Tariffs are determined independently by the State Electricity Regulatory Commission on factors including power-purchase costs, regulatory assets, the distribution company's financial position and public hearings. Recovery from non-government consumers is undertaken under the Electricity Supply Code, while a pre-paid billing system is being implemented for government departments to improve payment compliance. Rooftop solar installations are also being promoted to reduce household electricity bills.
    July 16, 2026
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    Rupee depreciation pressures intensify as elevated crude prices, foreign capital outflows and geopolitical tensions weigh on exchange markets.
    The rupee weakened for a fourth consecutive session amid elevated crude oil prices, a stronger dollar index and foreign capital outflows, with rising oil import costs adding to balance-of-payments pressures. Reserve Bank of India data showed an overall balance-of-payments deficit during the first two months of the fiscal year, although the current account recorded a surplus for April-May 2026. Geopolitical tensions and Strait of Hormuz risks were cited as supporting high crude prices, while possible Reserve Bank intervention could support the rupee.
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    Zero-duty India-UK trade under CETA begins with jewellery and coffee consignments, supported by exporter compliance guidance.
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    Foreign investor tax exemptions on government securities are proposed to continue, supporting sovereign debt market liquidity and capital inflows.
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    July 16, 2026
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    Foreign asset reporting requires complete Schedule FA and Schedule FSI disclosures despite limited information displayed in the Annual Information Statement.
    Annual Information Statement records for eligible taxpayers include foreign assets and foreign-source income information received through the Automatic Exchange of Information framework. The information is intended to facilitate accurate tax compliance and is not a scrutiny or investigation mechanism. As the displayed data is limited to information received from partner jurisdictions and is not exhaustive, taxpayers must correctly and completely disclose all foreign assets and foreign-source income in Schedule FA and Schedule FSI, whether or not such information appears in the Annual Information Statement.
    July 16, 2026
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    Donation management safeguards require transparent accounting, secure precious-metal handling, audits and adherence to prescribed banking and statutory norms.
    Donation-management governance at the Vaishno Devi shrine was reviewed with emphasis on transparency, accountability and compliance with standard operating procedures. The review covered collection, counting, accounting, custody and utilisation of offerings, supported by verification procedures, surveillance, banking safeguards and periodic audits. Security protocols also govern the handling, storage, transportation, processing and refining of precious-metal offerings. The review took place amid a pending complaint alleging irregularities in silver offerings, with complete records sought regarding action taken.
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    EPFO-integrated provident fund payment service enables business customers to initiate statutory PF payments through the EPFO portal and complete transactions using the bank's internet banking platform. Real-time transaction confirmations and instant challan downloads support faster processing, cash-flow management and timely compliance with EPFO payment requirements.
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    Privileged access governance and explainable security monitoring support auditable, sovereign enterprise cybersecurity across private and air-gapped deployments.
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    Money-laundering investigation targets alleged foreign-funded network facilitating illegal infiltration, forged identity documents and economic rehabilitation of immigrants.
    A money-laundering investigation examined an alleged syndicate facilitating illegal infiltration, forged Indian identity documents and settlement of Bangladeshi nationals and Rohingyas. Investigators alleged that public charitable trusts receiving foreign contributions channelled funds through multiple bank accounts, mule accounts and layered transactions to support economic rehabilitation through cash assistance, employment and income-generating arrangements. Searches were conducted under the Prevention of Money Laundering Act.
    July 16, 2026
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    Money-laundering investigation examines alleged foreign-funded networks supporting illegal infiltration, forged documents, and economic settlement of migrants.
    A money-laundering investigation concerns an alleged network facilitating illegal entry and settlement of Bangladeshi and Rohingya nationals. The alleged scheme involved forged identity and travel documents, charitable trusts receiving overseas contributions, and diversion of funds through bank accounts, mule accounts and layered transactions. Suspected fund use included settlement support, documentation, employment, cash assistance and income-generating assets. Searches examined the alleged infiltration, documentation and financial-support network.

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      Protests against alleged illegal falling of Khejri trees for solar power plants in Rajasthan

      August 5, 2025

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      Jodhpur/Jaipur, Aug 5 (PTI) The Khejri tree, a vital part of Rajasthan's desert ecology and cultural heritage, is under threat from the expansion of solar power projects in the Thar desert, warn activists amid protests against the alleged illegal felling of these trees and calls for urgent environmental safeguards.

      As the state pushes to become a leader in renewable energy, large tracts of land in Barmer, Jaisalmer, Jodhpur, Phalodi and nearby areas are being leased out for solar plants.

      In this race to install green energy infrastructure, a large number of Khejri trees, the state tree of Rajasthan and an ecological lifeline of the desert, are being uprooted or buried under the sand, activists and locals allege.

      Rampal Bhawad, President of the Bishnoi Tiger Force, alleged that solar companies are felling Khejri trees indiscriminately.

      "These companies clear the land by uprooting or cutting trees, sometimes burying them underground or setting them on fire. This is happening openly, often with the knowledge and inaction of authorities," he said.

      In Barmer's Sheo subdivision, protests have intensified over the last four months. Villagers have been sitting on a dharna, accusing solar companies of illegal deforestation, destruction of traditional pathways and encroachment of Oran (community forest) and Khadeen lands, which are crucial for rainwater harvesting and desert farming.

      On Sunday, the independent MLA from Sheo, Ravindra Singh Bhati, joined the protestors, spending the night at the dharna site and vowing to take the matter to the highest level.

      On Monday, Bhati unearthed buried Khejri trunks from project sites to expose the damage. "The companies have burned dried Khejri trees with petrol. Wet wood was buried over a stretch of nearly 1.5 km," he claimed.

      Bhati lashed out at local authorities, confronting police officers for allegedly failing to act despite evidence of illegal activities. "Where were your patrols when fires were lit through the night?" he asked the police.

      Social media videos showing trees being uprooted with JCB machines and transported in tractors have added fuel to public anger, as have photos of ash piles near project sites.

      With tensions running high, Sheo Sub-Divisional Officer Yaksh Chaudhary acknowledged the seriousness of the issue. "MLA Bhati and villagers are protesting against illegal tree felling. We have ordered a probe and action will be taken," he said.

      However, villagers remained firm on their demands of protection of Oran land, fair compensation and a halt to illegal tree felling.

      "We are not against development, but it should not come at the cost of our forests, culture and survival," a farmer said.

      The state has set an ambitious target of achieving 90 gigawatts (GW) of renewable energy capacity by 2030, contributing significantly to India's clean energy transition.

      Over the past few years, over 1.50 lakh bighas of land have been allocated to different companies for solar power plants across the state.

      Anil Chhangani, HOD of Environmental Science at Maharaja Ganga Singh University, Bikaner, claimed that an estimated 30 lakh trees, mostly Khejri, have already been lost in recent years due to solar plant construction in the western region.

      "Khejri is not just a tree; it is life in the desert. It enhances soil fertility, supports biodiversity, provides fodder and even food. Losing it at this scale is ecological suicide," he said.

      Chhangani claimed that to meet the production target by 2030, it will require 1.92 lakh acres of land and this will result in sacrificing approximately 38.54 lakh trees in the next five years.

      Activist Vishek Vishnoi said that with the growth, public anger is growing.

      "Lands, which were designated for Oran (a sacred forest) and grazing, are also being allocated to private solar energy companies, resulting in a shortage of fodder for animals and causing numerous difficulties for the local population," Vishnoi said.

      Rajasthan has emerged as a national leader in solar energy, leveraging its vast stretches of flat, arid land and abundant sunlight. With solar radiation levels averaging between 6 and 7 kWh/m ²/day and over 325 clear sunny days annually, the state offers ideal conditions for large-scale solar and wind power projects.

      Rajasthan's solar power potential has been assessed at 142 GW, making it one of the most promising regions in the country for solar development.

      As of now, Rajasthan ranks first in the country in solar energy, with an installed capacity of 22,860.73 MW.

      In overall renewable energy capacity, the state holds the second position nationwide, with a total installed capacity of 28,617 MW.

      Khejri (Prosopis cineraria) covers nearly two-thirds of Rajasthan's area and has deep economic, cultural, and spiritual significance.

      Its pods, called sangri, are one of the ingredients of the famous Rajasthan dish 'Panchkuta', cooked with five vegetables. The dried green beans of the khejri are stored and used for cooking throughout the year.

      Its bark, according to some documents, was once used as flour during the 1869 famine. Its pods feed livestock, its leaves are fodder and its nitrogen-fixing roots enrich the soil.

      The tree holds sacred status, especially among the Bishnoi community, who historically sacrificed their lives to protect it.

      In 1730, 363 villagers led by Amrita Devi Bishnoi laid down their lives in Khejarli village to stop the king's men from felling Khejri trees for palace construction.

      Their sacrifice inspired India's modern environmental consciousness and later movements like the Chipko Movement of the 1970s.

      Green twigs of Khejri are worshipped in homes on Janmashtami (the birth day of Lord Krishna, as per Hindu traditions). It is a symbol of Lord Krishna in some districts of Rajasthan.

      India Post even issued a stamp on the Khejri tree in 1988. PTI SDA APL RT RT

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