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    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
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    India's forex reserves jump USD 6.12 bn to USD 682.35 bn
    Jharkhand signs pact with CSC eStore to make SHG products made by women available online
    APEDA Facilitates First-Ever Air Shipment of Karnataka's Neelam and Totapuri Mangoes to the Maldives
    Favara-UPI Cross-Border Payment Corridor Goes Live Between Maldives and India
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    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.
    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
    Show AI Summary
    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.

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      Zelenskyy, Trump express hope for trilateral talks with Putin to bring end to Russia-Ukraine war

      August 19, 2025

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      Washington, Aug 18 (AP) President Volodymyr Zelenskyy and President Donald Trump expressed hope that Monday's critical talks with Ukrainian and European leaders at the White House could lead to trilateral talks with Russian President Vladimir Putin to bring an end to Russia's war on Ukraine.

      The US president also said he would back European security guarantees for Ukraine.

      Trump stopped short of committing US troops to the effort, saying instead that there would be a “NATO-like” security presence but that all those details would be hashed out in their afternoon meeting with EU leaders.

      “They want to give protection and they feel very strongly about it and we'll help them out with that,” Trump said. “I think its very important to get the deal done.” Monday's hastily assembled meeting comes after Trump met on Friday with Russian President Vladimir Putin and has said that the onus is now on Zelenskyy to agree to concessions that he said could end the war.

      “If everything works out today, we'll have a trilat," Trump said, referring to possible three-way talks among Zelenskyy, Putin and Trump. "We're going to work with Russia, we're going to work with Ukraine.” Trump also said he plans to talk to Putin after his meetings with Zelenskyy and European leaders.

      Zelenskyy also expressed openness to trilateral talks.

      “We are ready for trilateral as president said,” Zelenskyy said at the start of his meeting with Trump. "It's a good signal about trilateral. I think this is very good.” Trump is first holding one-on-one talks with Zelenskyy. The two are then scheduled to gather with European Commission President Ursula von der Leyen, French President Emmanuel Macron, British Prime Minister Keir Starmer, German Chancellor Friedrich Merz, Italian Premier Giorgia Meloni, Finnish President Alexander Stubb and NATO Secretary-General Mark Rutte.

      The European leaders were left out of Trump's summit with Putin. They want to safeguard Ukraine and the continent from any widening aggression from Moscow. Many arrived at the White House with the explicit goal of protecting Ukraine's interests — a rare show of diplomatic force.

      By coming as a group, they hope to avoid debacles like Zelenskyy's February meeting in the Oval Office, where Trump chastised him for not showing enough gratitude for US military aid. Trump and Zelenskyy were due to meet in the Oval Office before European leaders join them in the East Room for talks.

      The meetings are also a test of America's relationship with its closest allies after the European Union and United Kingdom accepted Trump's tariff hikes partly because they wanted his support on Ukraine.

      “We understand that we shouldn't expect Putin to voluntarily abandon aggression and new attempts at conquest,” Zelenskyy said in an X posting before arriving at the White House. “That is why pressure must work, and it must be joint pressure – from the United States and Europe, and from everyone in the world who respects the right to life and the international order.” Ahead of the meeting, however, Trump suggested that Ukraine could not regain Crimea, which Russia annexed in 2014, setting off an armed conflict that led to its broader 2022 invasion.

      "President Zelenskyy of Ukraine can end the war with Russia almost immediately, if he wants to, or he can continue to fight," Trump wrote Sunday night on social media. “Remember how it started. No getting back Obama given Crimea (12 years ago, without a shot being fired!), and NO GOING INTO NATO BY UKRAINE. Some things never change!!!” Zelenskyy appeared to respond with his own post late Sunday, saying, “We all share a strong desire to end this war quickly and reliably.” He said that “peace must be lasting,” not as it was after Russia seized Crimea and part of the Donbas in eastern Ukraine eight years ago, and “Putin simply used it as a springboard for a new attack.” Trump's sitdown in Alaska with Putin yielded the possible contours for stopping the war in Ukraine, though it was unclear whether the terms discussed would ultimately be acceptable to Zelenskyy or Putin.

      Zelenskyy said in a social media post he met with Trump's special envoy for Ukraine, Keith Kellogg, on Monday ahead of his scheduled talks with Trump to discuss the battlefield situation and the shared “strong diplomatic capabilities” of the US, Ukraine and Europe. He also held talks with European leaders at the Ukrainian embassy in Washington.

      European heavyweights in Washington European Commission President Ursula von der Leyen, French President Emmanuel Macron, British Prime Minister Keir Starmer, German Chancellor Friedrich Merz, Italian Premier Giorgia Meloni, Finnish President Alexander Stubb and NATO Secretary-General Mark Rutte arrived at the White House ahead of Zelenskyy's arrival.

      On the table for discussion are possible NATO-like security guarantees that Ukraine would need for any peace with Russia to be durable. Putin opposes Ukraine joining NATO outright, yet Trump's team claims the Russian leader is open to allies agreeing to defend Ukraine if it comes under attack.

      ”Clearly there are no easy solutions when talking about ending a war and building peace,” Meloni told reporters. “We have to explore all possible solutions to guarantee peace, to guarantee justice, and to guarantee security for our countries.” The European leaders are aiming to keep the focus during the White House talks on finding a sustainable peace and believe forging a temporary ceasefire is not off the table, according to a European official.

      The official, who was not authorized to comment publicly and spoke on the condition of anonymity, said the leaders are also looking to keep pressure on Russia to end the fighting and want to get more concrete assurances from the US about security guarantees for Ukraine as part of any deal.

      Trump briefed Zelenskyy and European allies shortly after the Putin meeting. Details from the discussions emerged in a scattershot way that seemed to rankle the US president, who had chosen not to outline any terms when appearing afterward with Putin.

      Ahead of Monday's White House meetings, Trump took to social media to say that even if Russia said, “We give up, we concede, we surrender" the news media and Democrats “would say that this was a bad and humiliating day for Donald J. Trump.” He separately lashed out at the Wall Street Journal and other outlets “who truly don't have a clue, tell me everything that I am doing wrong on the Russia/Ukraine MESS.” Following the Alaska summit, Trump declared that a ceasefire was not necessary for peace talks to proceed, a sudden shift to a position favored by Putin.

      'A very big move' European officials confirmed that Trump told them Putin is still seeking control of the entire Donbas region, even though Ukraine controls a meaningful share of it.

      Trump's special envoy, Steve Witkoff, said the U.S. and its allies could offer Ukraine a NATO-like commitment to defend the country if it came under attack as the possible security guarantee, with details to be worked out.

      Monday's meeting will likely be very tough for Zelenskyy, an official close to the ongoing talks said. That official spoke on condition of anonymity to speak openly about thinking within Ukraine and between allies.

      Zelenskyy needs to prevent a scenario in which he gets blamed for blocking peace talks by rejecting Putin's maximalist demand on the Donbas, the official said. It is a demand Zelenskyy has said many times he will never accept because it is unconstitutional and could create a launching pad for future Russian attacks.

      If confronted with pressure to accept Putin's demands, Zelenskyy would likely have to revert to a skill he has demonstrated time and again: diplomatic tact. The Ukrainian leadership is seeking a trilateral meeting with Zelenskyy, Trump and Putin to discuss sensitive matters, including territorial issues.

      Putin spoke with the leaders of India, Brazil and South Africa Monday to discuss his meeting with Trump in Alaska, the Kremlin said. (AP) RD RD

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