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    India-Japan Investment Partnership Gains Momentum; Commerce and Industry Minister Shri Piyush Goyal Invites Greater Japanese Institutional Capital
    Commerce and Industry Minister Piyush Goyal addresses Japanese Business Federation in Tokyo
    Third Meeting of India-Cambodia Joint Working Group on Trade and Investment (JWGTI) Held in Phnom Penh, Cambodia
    Central Bureau of Narcotics (CBN) and PHARMEXCIL Sign Memorandum of Understanding to Boost Legitimate Pharmaceutical Exports and Strengthen Regulatory...
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    From Syrup Diversion to Sugar Production: SED's Integrated Process House Solution for Shivshakti Sugars' 7,500 TCD Plant
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August 25, 2026
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Institutional capital facilitation prioritises repatriation, market access, regulatory predictability, and cross-border partnerships supporting technology-led long-term investment.
India-Japan investment engagement focuses on increasing long-term Japanese institutional capital flows through an enabling business environment, intellectual property protection, policy reforms and integration with global value chains. Facilitation measures include simpler profit repatriation processes, improved access to Indian capital markets, greater regulatory predictability and a seamless cross-border investment environment. GIFT City is explored as a gateway for international capital and Japan-India investment flows.
August 25, 2026
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Strategic investment partnership prioritises semiconductor manufacturing, resilient supply chains and advanced industrial collaboration between Indian and Japanese businesses.
India-Japan economic cooperation is directed toward deeper trade, investment, technology and business-to-business linkages, including economic security, supply-chain resilience, clean energy and innovation. Collaboration is focused on capital goods, machinery, automotive and advanced manufacturing, with stronger connections between Japanese enterprises and India's Tier-II and Tier-III suppliers, including Micro, Small and Medium Enterprises. Semiconductor manufacturing is identified as a significant investment area. The India-Japan Special Strategic and Global Partnership supports expanded engagement with manufacturing ecosystems, global value chains and resilient supply chains.
August 25, 2026
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Bilateral trade and investment cooperation advances through customs alignment, digital payment integration, market access discussions and investment treaty completion.
India-Cambodia trade and investment cooperation addressed trade diversification, market access, customs alignment, digital payments and investment facilitation. Discussions covered traditional medicine, e-governance, recognition of the Indian pharmacopeia, trade statistics, agricultural cooperation, banking and insurance. The parties agreed on an MoU on Customs Cooperation to promote uniform customs procedures and considered early completion and signature of the Bilateral Investment Treaty. UPI-KHQR payment integration, investment promotion, priority-sector cooperation and a private-sector feedback mechanism were also discussed.
August 25, 2026
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Voluntary pharmaceutical export compliance framework promotes legitimate trade while safeguarding controlled substances through information sharing and coordinated capacity building.
The Memorandum of Understanding creates a cooperative framework for legitimate pharmaceutical exports and safeguards against diversion of narcotic drugs, psychotropic substances and controlled precursors. A voluntary, non-binding code of conduct will recommend industry practices without imposing obligations beyond applicable law. Cooperation includes identifying export bottlenecks, streamlining procedures for compliant exporters, capacity-building programmes, lawful and confidential information sharing, and nomination of company contact persons to coordinate voluntary compliance measures.
August 25, 2026
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USD-INR forex swap facility accelerates foreign-currency mobilisation through non-resident deposits and institutional borrowing, strengthening India's external buffers.
USD-INR forex swap facility for FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings enabled banks to access foreign-currency funding through a special swap window. FCNR(B) deposits formed the principal component of the reported foreign-exchange inflows, reflecting participation by non-resident Indians. The FCNR(B) window was scheduled for early closure after the stated mobilisation objective was achieved ahead of schedule, and the inflows were presented as strengthening external buffers through long-term non-resident deposits and institutional funding.
August 25, 2026
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Foreign-exchange intervention moderated rupee depreciation as crude prices, importer dollar demand and geopolitical uncertainty sustained currency-market pressure.
Foreign-exchange conditions reflected a marginal weakening of the rupee against the US dollar, influenced by elevated crude-oil prices, importer demand for dollars, weaker Asian equities and geopolitical uncertainty. The currency remained within a narrow trading band, with RBI dollar sales described as moderating sharper depreciation. The RBI's special USD-INR forex swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings mobilised substantial foreign-exchange inflows, indicating support from non-resident Indian participants.
August 24, 2026
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Prior government sanction for public servants is contested as essential before money-laundering proceedings may validly proceed for official-duty acts.
Prior prosecution sanction is asserted to be a jurisdictional precondition for money-laundering proceedings against a public servant for acts connected with official duty. A former police officer challenges cognizance and process for want of sanction under the criminal procedure framework and the Maharashtra Police Act, relying on sanctions subsequently granted for co-accused public servants. The allegations concern collection of funds through the officer and their alleged laundering through an educational trust.
August 24, 2026
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Rupee exchange-rate movement gained marginal support from foreign equity inflows despite crude oil, importer demand and geopolitical pressures.
Rupee exchange-rate movement against the US dollar reflected a marginal appreciation, supported by foreign fund inflows into domestic equities. Trading remained within a narrow range amid pressures from higher crude oil prices, continuing importer demand, and geopolitical concerns. Market conditions also included a stronger dollar index, lower Brent crude futures, domestic equity declines, and net foreign institutional investment. Elevated oil prices and geopolitical uncertainty indicated a slight negative bias, while possible US dollar weakness could support the rupee.
August 24, 2026
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Retaliatory trade measures may target electricity, critical minerals and integrated automotive supply chains amid escalating cross-border tariff disputes.
Canada-United States trade relations involve escalating tariffs and contemplated reciprocal restrictions affecting goods, automotive production, electricity exports and critical-mineral supplies. Potential Canadian countermeasures include limiting or increasing the price of Ontario electricity exports and restricting supplies of critical minerals, with oil and potash also identified as possible leverage. The automotive sector faces particular exposure because Ontario production and supply chains are integrated with United States manufacturing. Negotiations also raised concern over limits on Canada's ability to conclude trade agreements with other countries without United States approval.
August 24, 2026
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Mandatory biometric updates for students support continued Aadhaar authentication and access to education, scholarship and benefit-related services.
Mandatory Biometric Update camps have been launched in schools across Tamulpur district, Assam, for eligible students aged 5 to 17 years to update Aadhaar biometrics. Aadhaar biometrics require updating on attaining five years of age and again on attaining fifteen years. Timely updating supports continued Aadhaar authentication and helps avoid difficulties in accessing services where authentication is applicable, including school admissions, entrance-examination registration, scholarships and Direct Benefit Transfer schemes.
August 24, 2026
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Electricity tariff affordability requires immediate review, withdrawal of higher consumer charges, and relief measures for economically weaker households.
Electricity tariff increase in Jammu and Kashmir has been opposed as imposing an unjustified and unaffordable financial burden on domestic consumers amid rising household costs. Immediate review and withdrawal of the increase are sought, together with measures to reduce electricity costs for domestic consumers, particularly economically weaker sections, and ensure affordable, reliable power supply.
August 24, 2026
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Wheat export liberalisation replaces prohibitions to support farm prices while domestic stocks are expected to protect consumer supply.
Wheat and wheat-product exports are liberalised with immediate effect by revising their export policy from prohibited to free. The change covers wheat, wheat flour, maida, semolina and wholemeal atta, replacing the earlier export-ban framework and simplifying exports previously permitted through licences. The measure aims to support farmers amid depressed domestic prices, while adequate domestic availability and buffer stocks are expected to meet demand and moderate consumer prices.
August 24, 2026
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Food safety compliance failures trigger licence suspensions for deficient hygiene, storage, refrigeration, sanitation and valid licensing practices.
Food safety enforcement measures resulted in suspension of food licences or registrations where establishments failed hygiene, food handling, storage, refrigeration, sanitation and licensing requirements. Deficiencies included unsafe temperature control, unclean refrigeration equipment, improper food storage and thawing, inadequate sanitisation, deteriorated or expired materials, deficient oil-quality checks, artificial colouring, pest infestation, cross-contamination risks and inadequate drainage. One outlet was also found to be operating under the name of an establishment without a valid food licence, resulting in suspension of its registration certificate.
August 24, 2026
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Central Board Governance expands through appointments of part-time non-official directors for defined terms, alongside central bank and government representatives.
Appointments to the Reserve Bank of India's Central Board expand its part-time, non-official director membership. Syed Akbaruddin, Annie George Mathew and Janmejaya Kumar Sinha have been appointed for four years from 24 August 2026, or until further orders, whichever occurs earlier. The Central Board also includes the Governor, deputy governors, the economic affairs secretary and the financial services secretary.
August 24, 2026
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Electricity tariff adjustment is linked to inflation and transmission losses, while free household units remain separately implemented.
Electricity tariff increase of 6.83 per cent after four years is presented as necessary in light of inflation and rising costs. Reducing transmission and distribution losses is identified as a means of limiting future tariff increases. Provision of 200 units of free electricity for poor and needy households through solar panels under the Muft Bijli Yojana is treated as distinct from tariff revisions.
August 24, 2026
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Sugar supply management measures target speculative stockpiling through imports, stockholding limits and earlier crushing to moderate prices.
Sugar supply is characterised as adequate, and higher prices are attributed principally to speculative buying and advance stockpiling, alongside lower output, seasonal demand and global price pressures rather than an actual shortage. Duty-free raw sugar imports and stockholding limits are intended to augment availability, curb speculative accumulation and stabilise market sentiment. Imports, existing stocks, special crushing and an earlier crushing season are expected to moderate prices and improve festive-period supply. Ethanol diversion is not identified as a cause of the price movement.
August 24, 2026
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Wheat export policy shifts to free trade, lifting restrictions on wheat flour, maida, semolina and wholemeal atta exports.
Wheat export policy has been revised from prohibited to free with immediate effect, lifting the export ban on wheat and related wheat products. The liberalised export treatment extends to wheat flour, maida, semolina and wholemeal atta. The restriction had been imposed to address rising domestic prices, and its removal is expected to improve international wheat availability.
August 24, 2026
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Bogus input tax credit fraud investigation examines fabricated invoices, circular transactions, layered funds and alleged proceeds of crime.
Investigation into alleged bogus input tax credit fraud involved searches under the anti-money-laundering framework. The alleged scheme involved fabricated invoices and e-way bills without actual movement of goods, circular transactions, layered funds, cash withdrawals and bogus or non-existent entities. GST authorities identified fraudulent availment of input tax credit causing wrongful loss to the government exchequer. The investigation focused on tracing alleged proceeds of crime, identifying beneficiaries, and securing documentary and digital evidence.
August 24, 2026
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Sugar crystallization process integration combines evaporator upgrades, continuous boiling, heat recovery and automation for efficient plantation white sugar production.
Sugar manufacturing process integration is proposed through strengthening an existing evaporator station and adding a sugar crystallization section to convert syrup production into plantation white sugar production. The scope covers design, engineering, equipment supply, erection and commissioning of condensate heaters, falling film evaporators, heat-recovery systems, continuous pans, vacuum systems and crystallizers. Continuous massecuite boiling will use chamber-specific control, while evaporator recirculation and online chemical-cleaning provisions support process control and low-grade vapour utilisation.
August 24, 2026
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Competitive examination preparation supports career pathways in civil services, public employment, management, defence, research and international higher education.
Career-development and competitive-examination preparation is offered alongside academic programmes for civil services, government and public-sector employment, banking, engineering higher education, management, defence, teaching, research and overseas education. UPSC, SSC-CGL, Bank PO, GATE, CAT, CDS, UGC-NET, GRE, GMAT and IELTS preparation includes courses, workshops, mentorship, expert guidance and examination-specific resources. Access to examinations, admissions and career opportunities remains subject to applicable eligibility, selection and institutional criteria.

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Customs & Trade

Ganesh Housing’s Million Minds Tech City Becomes Gujarat’s First Platinum-Rated SEZ IT Park under IGBC New Building Rating

August 8, 2025

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Ahmedabad, 08th August 2025: Ganesh Housing Corporation Limited proudly announces that its flagship development in Ahmedabad, Million Minds Tech City, has become the first SEZ IT Park in Gujarat to earn the prestigious IGBC Platinum rating under the IGBC Green New Buildings Rating program. This milestone reinforces Ganesh Housing’s commitment to delivering world-class, environmentally responsible commercial office developments that set new standards for the real estate industry. With this milestone, Million Minds Tech City strengthens its position as a leading destination for businesses seeking premium, environmentally responsible office spaces in India. This certification makes it Gujarat’s first SEZ IT park to meet IGBC’s stringent criteria for site planning, water and energy conservation, occupant health, materials efficiency, and innovation. The IGBC Platinum rating, the highest recognition under the Indian Green Building Council’s New Building rating system, highlights the project’s excellence in energy efficiency, water conservation, indoor environmental quality, and use of sustainable materials — positioning the development as a benchmark for green urban development in Gujarat. Commenting on the achievement, Mr. Anmol Patel, Director, Ganesh Housing Corporation Limited, said, "This Platinum rating from IGBC is more than just a certificate—it’s a validation of our long-term vision to place Gujarat at the heart of India’s tech-led growth story. When we conceptualized Million Minds Tech City, our goal was not only to create a high-performance workplace ecosystem but also to lead with accountability—toward the environment, future generations, and the evolving aspirations of global businesses. As the first SEZ IT Park in the state to achieve this rating, we are proud to set a new benchmark in sustainable infrastructure, proving that large-scale development can be both commercially ambitious and environmentally conscious. “This milestone reflects what’s possible when design, technology, and intent come together with clarity and purpose,Million Minds Tech City is more than just an IT Park — it represents our vision for a future-ready, sustainable Gujarat. Located on S.G Highway at Vaishnodevi Circle in Ahmedabad’s Central Business District, Million Mind Tech City is a 65-acre integrated township, designed by globally acclaimed RSP Architects and managed by Tishman Speyer. Featuring 18 million square feet of mixed use development — with 50% allocated to Grade A commercial spaces and 50% to luxury residences & Retail— Million Minds offers a dynamic walk-to-work ecosystem, complete with IT parks, premium residences, a luxury hotel, retail spaces, and more than 1.65 Lakhs square feet of world-class amenities, including floating gardens. About Ganesh Housing Corporation Limited Ganesh Housing Corporation Limited, headquartered in Ahmedabad, Gujarat, stands as a pioneering force in India's real estate sector with over six decades of excellence. The company made history as one of the first real estate developers to be listed on both the NSE and BSE, demonstrating its commitment to transparency and financial governance. The company has demonstrated remarkable growth, having completed over 22 million square feet of development while maintaining an impressive 35 million square feet of ongoing projects. Their diverse portfolio encompasses Grade A+ commercial spaces, luxury residential properties, villas, industrial hubs, and data centers. Their commitment to quality is validated by their ISO 9001:2015 certification. Ganesh Housing’s diverse portfolio includes landmark developments such as Sundarvan Epitome, GCP Business Centre, Magnet Corporate Park, Shangri-La, Shangrlla-II, Mahalaya, Mahalaya II, Satva, Satva II, Maple Series — Maple County, Maple County II, Maple Tree Garden Homes, Maple Trade Centre — and the Malabar Series — Malabar County, Malabar County II, Malabar County III, Malabar Exotica. Adding to this distinguished lineup is the recently launched Malabar Retreat — ultra-spacious 4 & 5 BHK residences overlooking SG Highway, offering sweeping views of the city and crafted as one of the most luxurious green building projects in the region reflecting the company’s commitment to quality, comfort, and value. Beyond real estate, Ganesh Housing is committed to social responsibility through initiatives in education, healthcare, Skill Development and environmental sustainability, ensuring a positive community impact alongside business growth. About Million Minds Tech City Poised to redefine Ahmedabad’s commercial skyline, Million Minds Tech City is the flagship development by Ganesh Housing Corporation Limited — and its most ambitious and future-forward undertaking to date. Million Minds Tech City is one of India’s most exclusive tech-centric developments — a landmark destination that brings together Grade A infrastructure, global design sensibilities, and a future-ready business environment in a single, integrated ecosystem. Envisioned as a self-sustained tech city, the project blends cutting-edge commercial spaces with luxury living, hospitality, retail, and recreation — enabling a true walk-to-work lifestyle. With its SEZ-enabled infrastructure tailored for both domestic and international enterprises, Million Minds is designed to serve the next generation of IT, ITeS, and global businesses seeking scale, connectivity, and efficiency. From premium residences and a luxury hotel to a destination mall and an exclusive club within the tech park, every element is curated to elevate experience and productivity. With over 1.65 lakh sq. ft. of amenities and a strong focus on sustainability, the development sets a new benchmark for what a modern urban business district can be — right in the heart of Ahmedabad. This is not just a project — it’s a landmark. One that places Ahmedabad at the centre of India’s evolving IT and innovation landscape, offering world-class infrastructure for both domestic and international enterprises. For more information about Million Minds Tech City, please visit: https://millionmindstechcity.com (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI

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