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    GeM Launches 10-Day Celebrations Ahead of 10th Foundation Day, Unveils Commemorative Logo
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    Favara-UPI Cross-Border Payment Corridor Goes Live Between Maldives and India
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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.
July 31, 2026
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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
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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
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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
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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
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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
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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.
July 31, 2026
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One-Time Settlement Scheme offers final pre-GST tax dispute resolution relief before stricter recovery action against defaulters begins.
The One-Time Settlement Scheme 2025 for pre-GST tax dues has been extended until September 30. Eligible taxpayers may resolve pending legacy tax disputes with full waiver of interest and penalties and slab-wise relief in principal tax. After the deadline, recovery action may be intensified under applicable tax laws and the Punjab Land Revenue Act, including property attachment, auction and freezing of bank accounts. The department also supports amicable settlement of tax disputes through the SAMADHAN initiative.
July 31, 2026
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Bilateral trade agreement implementation supports expanded trade, investment and strategic cooperation through technology, security, clean energy and community links.
The India-UK Comprehensive Economic and Trade Agreement was identified as a framework for expanding bilateral trade and investment opportunities following its operationalisation. The two governments proposed closer cooperation to use the agreement for shared prosperity, while advancing their comprehensive strategic partnership through technology, innovation, defence, security, clean energy, education and people-to-people links.
July 31, 2026
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Sectoral bank credit growth reflects broad-based expansion across industry, services, agriculture and personal loans, with slower credit-card growth.
Sectoral bank credit growth accelerated across non-food lending, agriculture, industry, services and personal loans. Industrial credit expanded across micro and small, medium and large enterprises, with strong lending to infrastructure, engineering, food processing, textiles, construction, metals, petroleum-related products and chemical products. Services lending was supported by non-banking financial companies, commercial real estate and trade. Vehicle and housing loans maintained double-digit growth, while credit-card outstanding growth decelerated.
July 31, 2026
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Biometric identification of protesters through alleged fingerprint-Aadhaar linkage was described alongside criminal-background profiling and database creation.
Biometric identification of protesters through fingerprints recovered from alleged stone-pelting evidence was publicly described as a proposed investigative method. A minister stated that fingerprints allegedly found on stones would be linked with Aadhaar numbers to identify participants and examine their prior records. The account also referred to analysis and categorisation of detained protesters' criminal backgrounds, creation of a separate database, and proposed action against participants described as anti-social elements or persons with criminal records.
July 31, 2026
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Offshore hydrocarbon exploration support funds high-risk deepwater drilling, shared infrastructure and data acquisition to strengthen domestic energy production.
The National Offshore Exploration Scheme provides public support for deepwater and ultra-deepwater oil and gas exploration, including seismic and offshore data acquisition, exploratory drilling in frontier basins, and common production and evacuation infrastructure. It addresses the high cost and geological uncertainty of offshore drilling and includes technology adoption, digital programme management, capacity building and collaboration measures. The scheme seeks to expand domestic hydrocarbon discoveries and production, attract investment across the exploration and production value chain, and reduce reliance on imported oil and gas.
July 31, 2026
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Foreign exchange reserves increased as foreign currency assets and gold holdings rose, alongside measures to attract forex inflows.
India's foreign exchange reserves increased during the reporting week, principally because foreign currency assets and gold reserves rose. Foreign currency assets, expressed in United States dollar terms, include valuation effects from movements in currencies such as the euro, pound and yen. Special Drawing Rights and the reserve position with the International Monetary Fund declined. Measures including the FCNR(B) measure were reported as efforts to attract foreign-exchange inflows following rupee pressure and dollar-sales intervention.
July 31, 2026
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Digital marketplace access for women's self-help group products expands e-commerce opportunities while panchayat-level citizen services are strengthened.
Digital marketplace access for women's self-help group products is proposed through a memorandum of understanding between CSC eStore and the Jharkhand State Livelihood Promotion Society. Products marketed under the 'Palash' and 'Adiva' brands are intended to be offered through an e-commerce network to widen market access, support rural women's income and entrepreneurship, and strengthen the rural economy. Digital panchayat services are also being expanded through Common Service Centres, including banking, e-governance and Aadhaar-related services.
July 31, 2026
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Agricultural export facilitation expands market access for late-season mangoes through farmer aggregation and direct global market linkages.
Agricultural export facilitation enabled an air shipment of late-season Neelam and Totapuri mangoes to an international market, expanding market access and extending the mango export season. Direct sourcing through a Farmer Producer Company supported organised aggregation, quality produce, and export-oriented supply chains. Direct procurement and export market linkages enabled participating farmers to realise higher returns than conventional market channels while promoting horticultural export diversification.
July 31, 2026
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Cross-border digital payment integration enables real-time Favara transfers from Maldives mobile banking applications to UPI-enabled accounts in India.
Cross-border digital payment integration between Favara and UPI enables individuals in the Maldives to make real-time person-to-person transfers to UPI-enabled bank accounts in India through mobile banking applications. Transfers are initiated in Maldivian Rufiyaa and credited in Indian Rupees. The initial service is available through participating Maldivian banks. Permitted remittances include family-maintenance transfers under foreign inward and outward remittance categories, and gift-related transfers under foreign outward remittance. Future phases are intended to introduce QR-based merchant payments and other digital payment services.
July 31, 2026
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Procedural Fair Hearing in competition inquiries requires notice when the Commission departs from investigative findings before imposing action.
Competition law procedure requires the Competition Commission to notify and hear an opposite party when departing from the Director General's findings. The penalty order concerning alleged abuse of dominance in viscose staple fibre supply was set aside because Grasim Industries was not given an opportunity to respond to the Commission's disagreement with the investigative findings. The matter was remanded for fresh, time-bound consideration without a finding on the merits.
July 31, 2026
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Manufacturing contraction highlights weak domestic demand, property-sector pressure and continued reliance on technology-related exports for economic growth.
Manufacturing activity in China contracted in July, as the official purchasing managers' index fell below the expansion threshold and new orders and production declined. Weak domestic demand, lower building activity and possible typhoon-related disruptions contributed to the slowdown. Consumer spending, investment and property-sector weakness continue to affect confidence, while technology-related exports support growth. Policy commitments include strengthening domestic consumption amid continued reliance on exports.

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HIGHLIGHTS AT 9 PM

August 11, 2025

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New Delhi, Aug 11 (PTI) Following are the top stories at 9 pm: TOP STORIES DEL114 PM-LD ZELENSKYY India committed to make every contribution to end conflict in Ukraine: PM Modi to Zelenskyy New Delhi: Days ahead of a much-anticipated US-Russia summit on the Ukraine war, Prime Minister Narendra Modi on Monday conveyed to Ukrainian President Volodymyr Zelenskyy in a phone conversation that India remains committed to making every possible contribution for an early and peaceful solution to the conflict.

DEL120 OPPN-LDALL PROTEST Opposition takes out protest march against SIR, 'vote theft'; says EC can't be 'churao aayog' New Delhi: Stepping up attack, opposition MPs, including Rahul Gandhi, Mallikarjun Kharge and Sharad Pawar, on Monday took out a protest march from Parliament House to the Election Commission office against the revision of electoral rolls in Bihar and alleged "vote chori", but were stopped midway by the police and briefly detained amid high drama DEL63 INDIA-MUNIR-NUCLEAR Nuclear sabre-rattling is Pakistan's stock-in-trade: India on Pak Army Chief's nuclear threat New Delhi: Nuclear sabre-rattling is Pakistan's "stock-in-trade", New Delhi said on Monday, in a strong response to Pakistan Army Chief Field Marshal Asim Munir's nuclear threat directed at India from the US soil.

LGD28 SC-2NDLD STRAY DOGS 'Grim' situation: SC orders permanent relocation of stray dogs from Delhi-NCR streets to shelters New Delhi: Noting an "extremely grim" situation due to stray dog bites resulting in rabies, particularly among children, the Supreme Court on Monday directed Delhi-NCR authorities to permanently relocate all strays from streets to shelters "at the earliest".

NATION DEL118 POL-RIJIJU-2NDLD BILLS 8 Bills get Parliament nod after Rijiju's ultimatum to Opposition to join debate New Delhi: Parliament on Monday passed eight Bills as Union minister Kiren Rijiju slammed the opposition parties for repeated disruptions of both the Houses of Parliament and announced that the government would proceed with the legislative agenda without their participation.

PAR30 LS-2NDLD INCOME TAX BILL Lok Sabha passes new Income Tax Bill in just 3 minutes New Delhi: The Income Tax Bill (No.2) 2025 - a major legislative move to replace the 63-year-old law governing income taxation for individuals and corporations - was passed in the Lok Sabha on Monday in just three minutes, without any debate.

DEL115 JK-PAK-2NDLD INTRUDER Pak intruder killed after BSF opens fire along IB in J-K's Kathua Jammu: A Pakistani intruder was killed after being shot at by the BSF while attempting to sneak into this side from across the International Border (IB) in Kathua district of Jammu and Kashmir on Monday, officials said.

DEL89 UKD-UTTARKASHI-2ND LD-RESCUE Uttarkashi: One body found so far, says official; many people still missing as rain hampers rescue operation Uttarkashi: Incessant rains in Uttarkashi since Monday morning hampered rescue operations in disaster-hit Dharali and Harsil, even as officials said one body has been recovered so far and 42 people remain missing following flash floods in the area a week ago.

CAL23 BH-2NDLD FLOOD Over 17 lakh people affected by floods in Bihar, rescue operations underway Patna: More than 17 lakh people have been affected by floods in Bihar, where several rivers are in spate due to torrential rainfall in the past 24 hours, officials said on Monday.

BOM31 MH-2ND LD-VAN-ACCIDENT 8 devotees killed, 29 hurt as pick-up van falls off road on hilly terrain in Pune district Pune: Eight women on their way to a temple were killed and 29 people injured after a pick-up van they were travelling in fell off the road on a hilly terrain in Pune district on Monday, police said.

MDS17 KA-LD MINISTER DISMISSAL CM Siddaramaiah removes Minister K N Rajanna from Cabinet Bengaluru: Karnataka Cooperation Minister K N Rajanna was on Monday removed from the Council of Ministers after Chief Minister Siddaramaiah recommended his sacking to Governor Thaawarchand Gehlot.

LEGAL LGD34 SC-ED-BAGHEL 'Devil not in law but in abuse': SC refuses to hear ex-Chhattisgarh CM's plea against PMLA provision New Delhi: The Supreme Court on Monday said the "devil is not in the law" but "in the abuse" of the provisions of Prevention of Money Laundering Act (PMLA) as it refused to examine former Chhattisgarh chief minister Bhupesh Baghel's plea challenging the PMLA provision empowering the ED to file supplementary chargesheets in money laundering cases.

LGD31 SC-SENTHIL BALAJI 'No bearing on trial': SC refuses to expunge remarks against ex-TN minister Senthil Balaji New Delhi: The Supreme Court on Monday refused to expunge its remarks against former Tamil Nadu minister Senthil Balaji in its September 2022 order restoring criminal complaints and other verdicts against him in the cash-for-job case.

FOREIGN FGN16 US-PAK-LD MUNIR Pak Army chief Munir repeats anti-India rhetoric in US New York: Kashmir is the "jugular vein" of Pakistan, Pakistani Army Chief Field Marshal Asim Munir has said, repeating his anti-India rhetoric. By Yoshita Singh FGN22 CHINA-INDIA-TIBET-RAIL China to build Xinjiang-Tibet rail link 'near' LAC with India: Report Beijing: China is set to build the most ambitious rail link connecting Xinjiang province with Tibet, part of which will “run near” the Line of Actual Control (LAC) with India, according to a media report. By K J M Varma PTI HIG HIG

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