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August 20, 2026
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Elephant ivory trade prohibition supports enforcement against wildlife trafficking, seizure of carved ivory articles, and further investigation.
Illicit trade in elephant ivory and articles manufactured from it is prohibited under the Wildlife (Protection) Act, 1972, supporting India's CITES obligations. Enforcement action against a wildlife-trafficking syndicate resulted in the interception of four persons and seizure of 54 carved ivory artefacts. The seized articles and apprehended persons were transferred to the State Forest Department for further investigation. The action forms part of continuing measures against unlawful trade in wildlife derivatives and biodiversity threats.
August 20, 2026
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Trade deficit pressures persist as energy-import costs and currency weakness offset record automobile and electronics export growth.
Japan recorded its highest July import and export values since comparable statistics began, but continued to experience a trade deficit as rising energy costs increased import expenditure. Higher crude oil prices and disruption to Middle East supply routes affected an economy reliant on imported oil, while a weak yen raised the cost of fuel, food and raw materials. Strong automobile, semiconductor and electronics exports benefited from currency weakness, which also increased the yen value of overseas earnings.
August 19, 2026
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Forged health-scheme cards allegedly enabled ineligible treatment and misuse of public healthcare funds through false beneficiary details.
Alleged misuse of Ayushman health-scheme cards involved collecting identity and ration-card details by promising free treatment, then creating forged beneficiary cards with false particulars. The alleged scheme enabled treatment for ineligible persons and purported claims of government health-scheme funds. Police arrested five persons, recovered purported forged identity and beneficiary cards, and are investigating possible involvement of hospital and medical-office personnel, the scale of card forgery, and alleged diversion of public funds.
August 19, 2026
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MSME competitiveness requires affordable credit, technology adoption, formalisation, sustainable trade and stronger export-market access for inclusive growth.
MSME development is identified as central to employment generation, exports, entrepreneurship, economic resilience and self-reliance. Key priorities include affordable credit, technology upgradation, supply-chain integration, market access, brand-building and reduced red tape. Formalisation of micro industries is emphasised to expand institutional credit access, while sustainable trade is promoted through green technologies and renewable energy. Export competitiveness is to be strengthened through regional production capabilities and the "One District, One Export Hub" initiative.
August 19, 2026
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Supply-side inflation risks support a policy pause pending evidence of broad-based, persistent price pressures and de-anchored expectations.
Monetary policy calibration remained on hold because food and fuel inflation had not yet produced broad-based or persistent price pressures. The policy pause was supported by limited pass-through of supply-side shocks, contained core inflation and no clear demand-driven overheating. Recalibration depends on incoming evidence of persistent inflation, entrenched supply-side pressures, de-anchored expectations and the evolving growth-inflation dynamic. Geopolitical disruption, volatile oil prices, monsoon conditions and El Nin o-related agricultural risks remain material inflation risks.
August 19, 2026
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Examination irregularities investigation examines alleged answer-sheet cheating, managed centres and suspected solver-gang involvement by a biometric operator.
Alleged examination irregularities involved suspected cheating through the receipt of an answer sheet by an examinee from personnel of a private firm conducting the examination. Police arrested a biometric operator following an investigation into his alleged involvement. His prior work with biometric firms and manpower supply agencies was examined in connection with clues concerning allegedly managed examination centres and a suspected solver gang.
August 19, 2026
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Trade restrictions on Iran halt commercial and financial exchanges as regional security threats disrupt maritime commerce and re-export access.
UAE trade restrictions on Iran halted all trade, commercial exchanges and financial transactions until further notice following reported ballistic-missile incidents and regional security escalation. The UAE assessed the missiles as directed at maritime traffic, while Iran denied launching them. The suspension disrupts the UAE's role as a major trade and re-export gateway for Iran and may increase Iran's economic isolation. Continuing threats to shipping through the Strait of Hormuz also create economic risk for the UAE's regional business, finance and tourism position.
August 19, 2026
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Inflation persistence and expectations guide continued rate hold amid supply shocks and uncertainty over broader price pressures.
Monetary policy calibration remains contingent on clearer evidence that supply-side price shocks are becoming persistent, broad-based inflationary pressures. The policy rate was maintained unchanged amid uncertainty from higher energy costs, supply-chain disruption, an erratic monsoon and food, fuel and input-price risks. Policy tightening may be required if inflation becomes generalised, expectations become de-anchored, or inflation persists. A wait-and-watch approach was preferred pending clearer realised inflation, forecasts, weather effects and global conditions.
August 19, 2026
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Online credit card applications streamline comparison, eligibility screening and e-KYC, while approval remains subject to issuing-bank criteria.
Online credit card applications through the JioFinance app combine card comparison, eligibility checks, electronic verification, application submission and status tracking. Eligibility screening may occur without affecting the applicant's credit score, but approval remains subject to the issuing bank's criteria and internal policies. Aadhaar-based e-KYC or other accepted electronic verification may be used where applicable. Applicants should provide accurate Aadhaar, PAN and mobile details. Eligible approved applicants may receive a virtual card before physical-card delivery, subject to applicable terms and conditions.
August 19, 2026
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Comprehensive strategic partnership drives ministerial and business engagements on investment, market access, technology collaboration, skills and agri-food trade.
India-Singapore economic engagement is being advanced through ministerial and business roundtables under the Comprehensive Strategic Partnership. A multidisciplinary business delegation is undertaking business-to-business, government-to-business and institutional engagements focused on partnerships, investment, market access, technology collaboration and talent development. Agricultural trade cooperation includes promotion of Indian agri-food exports through a retail initiative. The engagement seeks to strengthen trade, investment, digitalisation, advanced manufacturing, skills development, green-economy cooperation and people-to-people ties.
August 19, 2026
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International senior notes issuance diversifies the bank's funding sources and expands access to global debt capital markets.
IDFC FIRST Bank accessed international debt capital markets through its IFSC Banking Unit at GIFT City by issuing inaugural fixed-rate senior notes with a three-year tenor, due in 2029. The notes were offered to investors outside the United States under the Regulation S format. The issuance followed an investment-grade long-term issuer credit rating with a stable outlook, diversifies the bank's funding sources, and creates an avenue for access to global capital markets in support of long-term growth.
August 19, 2026
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Closing auction session safeguards market transparency through pooled order matching, backed by immediate action against manipulation and stronger monitoring.
Closing auction session (CAS) improves transparency and reduces manipulation in end-of-trading price formation by pooling buy and sell orders during a designated closing window for auction-style matching. Manipulation intended to undermine CAS is subject to prompt and stringent action, supported by enhanced monitoring. Responsible use of artificial intelligence and machine learning requires tiered accountability and governance, including kill-switch, human-in-the-loop and data controls. Regulated entities remain responsible for privacy, security and integrity of investor data used by every AI tool they deploy.
August 19, 2026
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Foreign exchange market movement shows rupee pressure from elevated crude prices, moderated by reserves, intervention and FCNR(B) inflows.
Foreign exchange market movement saw the rupee depreciate marginally against the US dollar amid higher global crude oil prices, heightened West Asia tensions, a stronger dollar environment and weaker domestic equity markets. Central-bank intervention and foreign fund inflows provided support. Adequate foreign-exchange reserves and stronger-than-expected FCNR(B) scheme inflows were identified as factors limiting the scope for sharp depreciation.
August 19, 2026
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AI reliability engineering expands through an enterprise hub supporting AI assurance, agentic engineering, observability and trusted AI deployment.
QualityKiosk Technologies has established a Hyderabad engineering hub to expand AI reliability engineering, AI assurance and agentic engineering capabilities. The centre supports engineering, marketing, branding, analyst-relations and advisory functions, while serving enterprise demand for AI reliability, product engineering, CloudOps and automation. It advances an AI reliability operating framework covering AI for reliability, reliability of AI, agentic engineering, shift-right engineering, frontier-system reliability, observability and platform-based delivery to promote governance, resilience, operational trust and assurance in AI-powered systems.
August 19, 2026
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Money laundering investigation examines alleged diversion of government contract funds and their use in creating trust and university assets.
Money-laundering investigation under the Prevention of Money Laundering Act led to searches of premises associated with the Maulana Mohammad Ali Jauhar Trust, its university, linked companies, promoters and a chartered accountant. The inquiry concerns alleged diversion of government contract funds through private contractors and their alleged subsequent use, including for creating assets of the Trust and university. Separate planning-law issues concern allegations that most university buildings were constructed without approved plans.
August 19, 2026
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Foreign exchange market conditions supported marginal rupee strength despite crude oil pressures, regional tensions and oil-company dollar demand.
Foreign exchange market conditions reflected a marginal strengthening of the rupee against the US dollar in early trading, supported by reported Reserve Bank of India intervention, a softer dollar index and foreign institutional equity inflows. Higher global crude oil prices, West Asia tensions and oil-company demand for dollars continued to exert pressure, resulting in a range-bound trading environment.
August 19, 2026
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Competition approval for Tata Steel's share acquisition restructures ownership of logistics joint venture following an existing partner's exit.
Competition approval has been granted for Tata Steel Ltd.'s acquisition of IQ Martrade Holding Und Management GmbH's entire 23% equity shareholding in TM International Logistics Ltd., resulting in IQ Martrade's exit. Following completion, Tata Steel and NYK (Europe) B.V. will hold 74% and 26% equity shareholding, respectively. TM International Logistics primarily serves Tata Steel's logistics and cargo transportation requirements through railway cargo transportation, port operations and cargo handling, freight forwarding, and value-added logistics services.
August 19, 2026
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Competition approval enables increased insurtech shareholding through a rights issue, crossing the prescribed ownership threshold in insurance businesses.
Competition approval has been granted for General Atlantic Singapore ACK Pte. Ltd. to acquire additional shareholding in Acko Technology & Services Private Limited through the target's rights issue, resulting in the acquirer crossing the 25% shareholding threshold on a fully diluted basis. The target is an Indian insurtech company with subsidiaries conducting licensed general and life insurance businesses, while another subsidiary awaits a corporate agency licence for insurance-policy distribution.
August 19, 2026
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India-Japan investment partnership prioritises technology, manufacturing and infrastructure collaboration, with Uttar Pradesh positioned for deeper Japanese commercial engagement.
India-Japan economic cooperation is positioned for deeper investment and commercial partnerships in manufacturing, technology, infrastructure, energy, defence, artificial intelligence, semiconductors, critical minerals, batteries and next-generation mobility. Uttar Pradesh is identified as a prospective destination for Japanese investment because of its workforce, connectivity, manufacturing base, MSME sector, export capacity, transport infrastructure and industrial clusters. Investment facilitation is associated with reforms in ease of doing business, digital public infrastructure and multimodal logistics.
August 19, 2026
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Carbon border adjustment compliance requires reliable emissions data, reporting, accreditation and verification throughout exporters' supply chains.
European Union Carbon Border Adjustment Mechanism compliance requires exporters to address covered products, embedded-emissions calculation, data collection, reporting, accreditation and verification. Preparedness across the export value chain depends on timely emissions data from suppliers and other stakeholders, supported by credible verification mechanisms. Capacity-building and engagement seek to facilitate workable compliance with evolving sustainability-related international trade requirements.

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Customs & Trade

India–US Relations in Focus at the Inaugural Seminar of Motwani Jadeja Institute for American Studies

September 1, 2025

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New Delhi, 1 September 2025: “Today, we need a sense of strategic patience. India needs to be firm that we’re not going to yield to demands, but remain open to negotiations. It’s important to understand the sources of change within the United States,” said renowned author, thinker, and foreign policy expert Professor (Dr.) C. Raja Mohan at the inaugural seminar of the Motwani Jadeja Institute for American Studies (MJIAS). The title of the seminar was “Resetting the US–India Ties Through Dialogue & Diplomacy.” The seminar was held in New Delhi to mark a day of substantive discussion and strategic engagement, commemorating the launch of MJIAS as a credible, non-partisan platform for Indo–US policy dialogue. Professor (Dr.) C. Raja Mohan is also the Distinguished Professor & Senior Fellow Designate, MJIAS.

The United States and India—two of the world’s largest democracies—share a relationship of strategic depth and multifaceted engagement. Cooperation spans defence, technology, education, and people-to-people ties, while challenges in trade and regulation continue to shape this vital partnership.

In his in-depth analysis, Dr. C. Raja Mohan said, “Given the difficult period that India and the US are going through, it is important to have an institute like the Motwani Jadeja Institute of American Studies. Its contribution will really be long term, to scale this relationship and give it intellectual ballast. It is very clear India has not invested enough intellectual capital in understanding the complex politics. We need a deeper appreciation of the long history of the United States, of its persistent political current and its cultural modes. Originally, American populism was against the concentration of wealth, and bouts of anti-dominant capitalist sentiment have always been a part of history. To understand what’s going on in the US today, we need to dig deeper into its history and its culture.” In a wide-ranging discourse, which explored the various phases of the India–US relationship, Dr. Raja Mohan opined, “India saw technological collaborations and a relationship in the 1960s. It’s easy to forget, as the first Indian reactor, the first Indian satellite, the agrarian revolution and the Green Revolution were with American support. Yet, in 1971 there was a whole range of other developments which saw a dramatic collapse of the relationship. Many of those obstacles were overcome in the 2000–2005 period with four successive Prime Ministers—P.V. Narasimha Rao, Atal Bihari Vajpayee, Dr. Manmohan Singh and Shri Narendra Modi—who devoted significant political and diplomatic resources to redo this relationship.” As its inaugural initiative, MJIAS brought together parliamentarians, diplomats, business leaders, and academics to deliberate on strengthening Indo–US relations through dialogue and diplomacy.

Professor (Dr.) C. Raj Kumar, President, MJIAS & Founding Vice Chancellor, JGU, said in his Welcome Address: “We are hosting this seminar at a very important time when there are significant challenges in US–India relations. It is important to go beyond the current scenario. For many of us who have had the opportunity to interact with the United States, it is significant to note that no country in the world is closer to India in terms of our shared beliefs, our shared values, our deep commitment to the rule of law, commitment to democratic institutions, our belief and faith in the possibility of individuals, who, through their hard work and determination, can shape the future of themselves and the destiny of our nations. The India–US relationship is not only one of the most defining relationships of the future, but also an opportunity to essentially shape the future of humankind. The United States is a country which has been the birthplace of so many ideas, and we need to recognize the extraordinary history that both our countries share. The establishment of the Motwani Jadeja Institute of American Studies is an attempt to develop a greater understanding of India in the United States, the complexity of this relationship, and to work towards a better future for India and the United States.” The Special Address and Keynote Address were delivered by Ambassador Mr. Nagaraj Naidu Kakanur, Additional Secretary, Ministry of External Affairs, Government of India, and His Excellency Mr. Jorgan K. Andrews, Chargé d’Affaires, Senior Foreign Service Officer, U.S. Department of State, respectively. Both congratulated JGU for establishing the Motwani Jadeja Institute for American Studies, thanked Ms. Asha Jadeja Motwani for her generous donation, and underlined the important role it could play in promoting and advancing India–US ties.

They lauded O.P. Jindal Global University for its vision in creating a pioneering institution dedicated to American Studies in India, emphasizing that such initiatives enrich academic discourse while also strengthening bilateral understanding. Ambassador Naidu and Mr. Andrews also highlighted how the establishment of the Motwani Jadeja Institute is a testament to the power of philanthropy, commending Ms. Asha Jadeja Motwani for her remarkable contribution that will leave a lasting legacy. They noted that few universities in the region have demonstrated the foresight and commitment that JGU has shown in investing in intellectual capital to advance India–US relations. The presence of the Institute, they observed, not only elevates the stature of JGU globally but also serves as a beacon of how private philanthropy and academic excellence can converge to address pressing international issues.

Professor (Dr.) Mohan Kumar, the Inaugural Director General, MJIAS, said in his Introductory Remarks that there could not be a better time for a discussion on the India–US relationship by the Motwani Jadeja Institute of American Studies. “This is not the first time that the India–US relationship is going through a difficult phase. Such a dialogue is essential to keep the relationship going, which cannot be seen through the prism of a few months or just through trade and tariffs.” The Vote of Thanks was delivered by Professor (Dr.) Swati Chawla, Assistant Director, MJIAS.

The inaugural session also included several panel discussions: • Legislative Bridges & Policy Dialogue in India–US Relations, moderated by Professor (Dr.) Sreeram S. Chaulia, Dean, Jindal School of International Affairs, JGU • Commerce Without Conflict – Perspectives from Business, Trade & Investment Leaders, moderated by Professor Ram B. Ramachandran, Associate Director, MJIAS & Vice Dean, Jindal School of Banking & Finance, JGU • Strategic Symbiosis – Academic and Diplomatic Pathways to Bilateral Harmony, moderated by Professor (Dr.) Sriparna Pathak, Associate Director, MJIAS & Professor, Jindal School of International Affairs, JGU Distinguished participants included: Dr. Sasmit Patra, Member of Parliament, Rajya Sabha; Ambassador Ms. Meera Shankar, Former Indian Ambassador to the United States; Ms. Sharmila Kantha, Principal Consultant, Confederation of Indian Industry; Mr. Shishir Priyadarshi, President, Chintan Research Foundation; Ambassador Mr. Sanjay Kumar Verma, Chairperson, Research and Information System for Developing Countries; Mr. Raman Kalra, Vice President, IBM Consulting; Ambassador Mr. Arun Kumar Singh, Former Indian Ambassador to the United States; Ambassador Mr. Rajiv Bhatia, Distinguished Fellow, Gateway House; Ambassador Ms. Gaitri Issar Kumar, Former Indian Diplomat; and Professor (Dr.) Rajat Kathuria, Dean, School of Humanities and Social Sciences, Shiv Nadar University.

The day-long seminar addressed two vital questions confronting India–US ties today: How did we get here? And Where do we go from here? The general consensus was that the following factors, inter alia, contributed to the current stalemate in bilateral ties: trade and tariffs, Indian purchase of Russian oil, US–Pakistan ties, the personal pique of President Trump vis-à-vis India, and the relative change in US–China ties.

In terms of response, it was felt that India needs to hunker down, demonstrate strategic resilience, diversify export markets, and generally hold the line. It was broadly agreed that the US is an important strategic partner and that the partnership between India and the US, notwithstanding current difficulties, has the potential to be the most consequential for the twenty-first century.

O.P. Jindal Global University (JGU) has been the proud recipient of a landmark endowment of US$5 million from Ms. Asha Jadeja Motwani and the Motwani Jadeja Family Foundation. This visionary gift is one of the largest philanthropic contributions to JGU and among the most significant investments in American Studies in India. The Institute is named in honour of the late Professor Rajeev Motwani, a legendary Stanford University computer scientist, whose mentorship helped shape the journeys of the founders of Google and countless other innovators.

(Disclaimer: The above press release comes to you under an arrangement with O.P. Jindal Global University and PTI takes no editorial responsibility for the same.). PTI PWR

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