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    Parliamentary joint committee on corporate laws amendment bill gets more time to submit report
    Archies Online Launches Pan-India Same-Day Cake, Flower & Gift Delivery Service
    DRI busts clandestine Mephedrone manufacturing facility in Ankleshwar, Gujarat and seizes Rs. 21 lakh; Three arrested
    SC rejects pleas of ED and state against grant of bail to Chaitanya Baghel in liquor scam cases
    US to impose steep tariffs on generic medicine imports from Aug 2028
    Asian shares edge higher after Wall Street climb, even as Brent oil keeps rising
    Rupee falls 11 paise to 96.36 against US dollar in early trade
    India Reaffirms Commitment to Rules-Based Multilateral Trading System at WTO Trade Policy Review in Geneva
    Government's Financial Inclusion Mission Continues to Foster Economic Empowerment Through Universal Banking, Social Security and Credit Access
    Tribunal absolves Lalit Modi of FEMA violation in 2009 South Africa IPL event
    NABARD sanctions Rs 15,056 cr for 6,175 rural infrastructure projects in Haryana
    SUPREME COURT HIGHLIGHTS
    Government and RBI Strengthen Digital Lending Ecosystem Through New Regulatory Framework, Digital Lending App Directory and Enhanced Customer Safeguar...
    A First for India: EbixCash World Money's Perpetual RBI Licence Brings Trade and Family Remittances Within Reach of Millions - Unlocking Opportunities...
    Rationalisation of Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 – Draft Rules for Comments
    CARD91 offers its comprehensive PPI Suite to Indian Overseas Bank with RuPay NCMC Capability
    Government Expands FTAs, Export Promotion Measures to Diversify Export Markets
    PLI Schemes Attract Over ₹2.40 Lakh Crore Investment, Generate More Than 14.15 Lakh Jobs
    SC issues notice on Venugopal Dhoot's plea against order upholding separate insolvency for VIL, VOVL
    Russian Technology Leaders Visit AVPL Drone City to Foster Industrial Collaboration
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    July 22, 2026
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    Corporate law amendments face extended parliamentary review of proposals on compliance decriminalisation, ease of doing business, and governance modernisation.
    Parliament extended the Joint Parliamentary Committee's reporting deadline on the proposed Corporate Laws (Amendment) Bill, 2026 until the end of the Monsoon Session. The Committee is examining amendments to the Limited Liability Partnership Act, 2008 and the Companies Act intended to facilitate ease of doing business, decriminalise minor procedural defaults, and modernise the corporate governance framework.
    July 22, 2026
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    Same-day gifting delivery expands access to cakes, flowers and curated gifts through an integrated pan-India online platform.
    Archies Online has introduced a pan-India same-day delivery service for cakes, flowers, gifts and hampers across major cities. Its integrated online platform offers greeting cards, personalised gifts, chocolates, soft toys and curated hampers for personal, professional and festive occasions. Same-day options include Rakhi and Friendship Day collections, supported by product curation, fresh sourcing and a delivery network intended to provide timely and dependable gifting services.
    July 22, 2026
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    Mephedrone trafficking enforcement uncovered a clandestine laboratory, controlled precursors, alleged drug proceeds and an intended receiver.
    Illicit manufacture and trafficking of Mephedrone, a psychotropic substance under the Narcotic Drugs and Psychotropic Substances Act, 1985, were addressed through an intelligence-led operation involving a clandestine laboratory. Manufacturing equipment, Mephedrone, its controlled precursor, Monomethylamine, and other chemicals used in manufacture were seized under the Act. Cash believed to be drug-trafficking proceeds and a further amount intended as token payment for delivery were recovered. Three persons were arrested in connection with the alleged network.
    July 22, 2026
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    Bail parity in liquor-scam proceedings sustained where principal accused had bail; adverse investigative remarks were removed.
    Bail in the alleged liquor-scam proceedings was sustained on the basis of parity, the applicant's comparatively lesser alleged role, prolonged custody, and the documentary nature of the investigation. The evidentiary value of statements, financial records and digital material was regarded as an issue for trial rather than conclusive assessment at the bail stage. Adverse observations against the state economic-offence investigation were expunged.
    July 22, 2026
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    Generic medicine import tariffs are designed to encourage domestic pharmaceutical manufacturing while preserving policy for patented, branded and innovative drugs.
    Generic medicine imports into the United States are proposed to remain duty-free for two years, followed by escalating tariffs. The structure is intended to encourage pharmaceutical companies to establish manufacturing plants and equipment in the United States, with higher duties applying where companies do not do so within the stated period. The policy is confined to generic drugs, while the approach for patented, branded and innovative medicines is stated to remain unchanged.
    July 22, 2026
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    Oil-driven inflation pressures may prompt higher interest rates, despite equity gains led by artificial-intelligence and semiconductor shares.
    Asian equity markets largely rose following Wall Street gains led by artificial-intelligence and semiconductor shares. Rising crude oil prices are identified as a renewed inflation risk that could encourage central banks to raise interest rates, slowing economic activity and affecting equity valuations. Japan's reliance on imported energy and the effects of a weaker yen on trade values and energy costs are also highlighted.
    July 22, 2026
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    Foreign exchange market volatility pressures the rupee as oil-linked geopolitical risks boost safe-haven dollar demand and prompt market monitoring.
    Foreign exchange market movement saw the rupee depreciate against the US dollar amid higher crude oil prices, geopolitical tensions affecting oil-shipment security, and safe-haven demand for the dollar. RBI measures intended to attract overseas deposits were reported to support market confidence through foreign-currency inflows. Dealers were monitoring possible RBI participation through state-owned banks to moderate currency volatility while permitting gradual exchange-rate adjustment and preventing disorderly market movements.
    July 22, 2026
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    Rules-based multilateral trade engagement guides India's policy review, highlighting digital reforms, trade facilitation and clarification of market measures.
    India's WTO Trade Policy Review reaffirms commitment to a transparent, rules-based, inclusive and development-oriented multilateral trading system. It identifies reforms in trade facilitation, digital customs, logistics modernisation, quality infrastructure, Digital Public Infrastructure, innovation, sustainability, agricultural resilience and regional trade agreements. WTO Members recognised India's economic resilience and customs and digital modernisation, while seeking clarification on trade and investment regimes, Quality Control Orders, trade-remedy measures and WTO reforms.
    July 22, 2026
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    Financial inclusion expands universal banking, social insurance, pensions and collateral-free credit for underserved households and entrepreneurs.
    Financial inclusion is pursued through universal banking under Pradhan Mantri Jan Dhan Yojana, social-security coverage through life, accident and pension schemes, and credit access for underserved borrowers. Pradhan Mantri Mudra Yojana provides collateral-free institutional finance to micro and small business units for income-generating activities. The Stand-Up India Scheme supports Scheduled Caste, Scheduled Tribe and women entrepreneurs through loans for greenfield projects in manufacturing, trading, services and agriculture-allied activities.
    July 21, 2026
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    Foreign exchange contravention liability requires evidence that the person was responsible for the overseas transfer in question.
    Foreign exchange transfer for the 2009 South Africa cricket tournament was examined under the Foreign Exchange Management Act after funds were moved to an overseas entity without prior Reserve Bank approval. The appellate tribunal set aside the penalty imposed on Lalit Modi, finding no material establishing that he was in charge of the relevant affairs or personally responsible for the alleged contravention. Liability for a foreign-exchange contravention must rest on evidence connecting the person proceeded against with responsibility for the impugned transaction.
    July 21, 2026
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    Rural infrastructure financing under RIDF supports irrigation, roads, water supply, cooperative digitisation, producer organisations and climate-resilient livelihoods.
    Rural Infrastructure Development Fund financing supports rural infrastructure in Haryana, including irrigation, roads and drinking-water assets. Rural cooperative strengthening includes digitisation and financial viability of Primary Agricultural Credit Societies, alongside promotion and financial support for Farmer Producer Organisations. Climate-resilient measures include watershed development, groundwater management, micro-irrigation, direct seeding of rice and vegetable clusters, supplemented by livelihood training for rural women and agricultural lending and project-appraisal support.
    July 21, 2026
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    Supreme Court proceedings address juvenile adult trials, insolvency, electoral representation, environmental funds and foreign-exchange complaint requirements.
    Supreme Court proceedings covered election representation, criminal justice, insolvency and regulatory compliance. The Court considered challenges concerning political-party merger approval, separate insolvency proceedings for group entities, and espionage charges. It sought responses on an appeal mechanism for persons excluded from the National Register of Citizens and alleged non-utilisation of environmental relief funds. Criminal matters included medical assessment for interim bail, a fresh trial in a blast case, and the principle that a juvenile accused of murder may face adult trial where statutory conditions for a heinous offence are met.
    July 21, 2026
    Show AI Summary
    Digital lending safeguards require verified app associations, responsible recovery, data privacy, grievance redressal and reporting channels against illegal loan apps.
    Digital lending safeguards include a public directory enabling customers to verify a digital lending app's association with a regulated entity. The Digital Lending Directions, 2025 impose mandatory requirements on recovery practices, data privacy and customer grievance redressal for regulated entities, lending service providers and digital lending apps. Measures also include blocking illegal loan applications following due process, cybercrime reporting channels, complaint facilities for unlawful money collection, and public awareness programmes on fraud prevention and risk mitigation.
    July 21, 2026
    Show AI Summary
    Authorised Dealer Category-II remittances expand to specified trade and family-maintenance payments under the revised FEMA framework.
    FEMA framework revisions described as effective from May 2026 expand Authorised Dealer Category-II activities to include specified trade remittances and family-maintenance remittances, subject to the applicable RBI and FEMA framework. EbixCash World Money Limited states that its perpetual AD-II licence carries this expanded scope. The release describes a non-bank channel for MSME and SME cross-border payments, supported by Nostro-account settlement, remittance and travel-card services, and technology-enabled compliance measures including document verification, sanctions screening, fraud detection and transaction monitoring.
    July 21, 2026
    Show AI Summary
    Foreign investment regulation: Draft rules propose simpler, principle-based compliance and clearer separation of procedural requirements from investment policy.
    Draft Foreign Exchange Management (Foreign Investment) Rules, 2026 propose a simplified, principle-based foreign investment framework. The proposals rationalise provisions, harmonise definitions, and separate procedural foreign-exchange requirements from foreign direct investment policy and sector-specific conditions. They aim to streamline procedures, reduce compliance burdens, enhance operational flexibility, and apply investor-neutral and investee-neutral provisions while preserving regulatory safeguards. The draft Rules remain subject to public consultation before finalisation.
    July 21, 2026
    Show AI Summary
    Prepaid payment instrument programme adds mobility and gift card capabilities with digital servicing subject to applicable programme conditions.
    Prepaid payment instrument programme launched for Indian Overseas Bank through CARD91's technology stack, incorporating RuPay National Common Mobility Card and Gift Card capabilities. The programme was implemented following requisite approvals, testing and compliance validation. The RuPay NCMC facility supports prepaid, tap-based payments for metro, bus and parking transactions, subject to the bank's programme conditions and user eligibility. Digital card servicing may include balance enquiry, transaction history, reload or top-up functions, and customer support, subject to applicable programme terms.
    July 21, 2026
    Show AI Summary
    Free trade agreements and e-commerce export reforms expand preferential market access, address non-tariff barriers, and support small exporters.
    Export market diversification is advanced through trade agreements, export-promotion measures and capacity building. Free Trade Agreements seek preferential market access, increased trade and investment, and support for labour-intensive exports, while technical barriers to trade provisions and engagement mechanisms address standards, regulatory requirements and non-tariff barriers. Cross-border e-commerce exports are supported through trade-finance and compliance assistance, E-Commerce Export Hubs, District Export Hubs, simplified courier-export procedures, reverse-logistics facilitation, logistics planning, duty-and-tax remission, and MSME export facilitation.
    July 21, 2026
    Show AI Summary
    Production Linked Incentive Schemes strengthen domestic manufacturing through investment support, export growth, employment generation, monitoring and eligibility reforms.
    Production Linked Incentive Schemes for 14 sectors promote domestic manufacturing, investment, exports, employment and global competitiveness. Overall coordination and monitoring rests with the Department for Promotion of Industry and Internal Trade, while sector-specific implementation is undertaken by the relevant ministries and departments. Implementation is periodically reviewed, with scheme modifications, rationalised guidelines, relaxation of specified eligibility conditions, project monitoring, stakeholder consultation and inter-ministerial issue resolution used to improve uptake and strengthen domestic manufacturing ecosystems.
    July 21, 2026
    Show AI Summary
    Separate corporate insolvency processes remain contested over foreign asset treatment, specialised resolution needs, and creditors' commercial decision-making.
    Separate corporate insolvency resolution processes for VIL and VOVL are disputed following reversal of an earlier consolidation direction. Independent processes were preferred because the entities operate in distinct sectors and may require specialised resolution, while creditors' choice was treated as commercial wisdom not ordinarily open to tribunal interference. The dispute also concerns whether foreign oil and gas assets should be treated as VIL assets, against the background of VIL's conversion from co-obligor to corporate guarantor to ring-fence those assets from domestic business liabilities.
    July 21, 2026
    Show AI Summary
    Drone technology collaboration promotes joint manufacturing, technology transfer, rural entrepreneurship and global market access through an integrated industrial ecosystem.
    India-Russia industrial collaboration in drone technology is proposed through engagement on technology transfer, joint manufacturing, research collaboration, investment, exports and global market access. Drone City is presented as an integrated ecosystem covering manufacturing, research and development, testing, certification support, skill development, incubation, warehousing, startup acceleration and international technology partnerships. Its expansion and panchayat-level entrepreneurship programme are expected to create rural drone enterprises and employment in manufacturing, component production, quality control, maintenance, logistics and technical support.

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      Final Countdown to InfoComm India 2025: Sneak Peek into Advanced AI-driven Solutions, Immersive Demos and 'Hidden Gems'

      September 4, 2025

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      India’s premier Professional Audiovisual event offers last chance to register before it prepares to welcome thousands. The show reinforces its importance as the nation leads as the fastest-growing Pro AV market in APAC Mumbai, Maharashtra, India (NewsVoir) The final countdown has begun for InfoComm India 2025, the nation's definitive tradeshow for Professional Audiovisual (Pro AV) and integrated experiences. Opening its doors from 9-11 September at the Jio World Convention Centre, Mumbai, the event is set to be a landmark edition, featuring a packed show floor spread across four halls, an insightful summit program, and a sharp focus on the real-world integration of Artificial Intelligence in the AV ecosystem. The 2025 exhibition will host an expansive showcase of 200 leading companies from 11 countries, making it a critical destination for sourcing next-generation technology. Attendees will have the first look at over 130 new product launches, with the range of innovation further expanded by 39 first-time exhibitors. This growth is exemplified by Jasmine Hall on Level 3, which has tripled in scale, featuring more than 40 exhibitors, making it a must-visit area. Key exhibitors include ET, Beenext, BXB, Drita, Extron, Hubris, Infonics, Silicon Radio House, Televic, Qizar and more. "India's Pro AV market is not just growing; it's innovating at an incredible pace, and InfoComm India is at the very heart of this transformation," said June Ko, Executive Director of InfoCommAsia. "This year, we are placing a major emphasis on AI readiness and practical, hands-on learning. From the show floor to the summit, attendees will discover tangible solutions and actionable strategies to navigate the next wave of technological advancement." AI Takes Center Stage on the Show Floor This year's exhibition will be a hotbed of AI-powered innovation. Attendees will get a firsthand look at next-generation solutions designed to create smarter, more efficient, and more engaging experiences. Key AI-driven products on showcase include: • BOSCH (D20): Demonstrating the IX Series DSP Amplifiers with an integrated TaskEngine for smart automation and intelligent zone control in complex AV environments. • DVSI (C33): Featuring AI:EX, an on-premise AV management system using AI for predictive support, NLP-based control, and intelligent troubleshooting. • IACTIVE TECHNOLOGY (K33): Unveiling the IActive W Pro Series, an all-in-one interactive flat panel with built-in AI for real-time feedback and task automation. • KORBYT (TE07): Presenting an AI Suite for Digital Signage that enables AI-driven content personalization and intelligent scheduling. • MODERN STAGE SERVICE (K20): Launching AI video generation solution that converts ideas and scripts into high-impact videos for advertisements, storytelling, and education, enabling users to create visually stunning, cost-effective, and personalized content at scale. • QIZAR SOLUTIONS (TH17): Displaying AIDA – camera equipped with 12G-SDI, a full bandwidth NDI®, Genlock, and AI auto-tracking to streamline workflow with superior versatility and professional results. • X-TEN AV (L26): Presenting XAVIA – AV industry’s first AI agent that streamlines workflow, automating designs, BOMs, proposals, reports, and project management for greater accuracy and efficiency. • WILDCARD TECHNO SERVICES (TD01): Presenting Yealink MeetingBar A40 – a compact video bar with AI audio, Intelli-Focus camera and touchscreen for seamless meetings. Other exhibitors with market-ready AI-driven solutions include Lumens Digital Optics Inc. (F20), Technoclass Edtech (TG10), Datavideo Technologies (CC01), Sennheiser (F10), and Stapes India (TE17). Explore even more solutions and exhibitors here. A Vibrant Show Floor: Hotbed of Innovation InfoComm India 2025 will serve as a launch pad for over 130 new-to-market solutions. Highlights from the show floor include: • BARCO (E20): Launching its ClickShare Hub: one of the first modular video conferencing room systems built on Microsoft Device Ecosystem Platform, enabling AI-assisted meeting experiences. • DATAVIDEO TECHNOLOGIES (CC01): Presenting the all-new 4K auto tracking PTZ camera with AI tracking, and its Auto Podcast solution. • LUMENS (F20): Unveiling its brand new VoiceConnect solution that features built-in voice detection, allowing auto-framing of active presenter, highlighting active speaker and intelligently follow conversations between multiple guests. • SENSES ELECTRONICS (G35): Debuting their 4K smart panel SenseTeam, with AI-enhanced camera and microphone, PIR sensor and secure NFC reader. Go Beyond the Booth: Immersive Demos, Workshops & Networking This year, InfoComm India is rolling out new experiences and initiatives: • Dedicated Demo Rooms: For the first time at InfoComm India, leading brands including HARMAN, JABRA, and SILICON RADIO HOUSE will host dedicated rooms on level 1 of JWCC for in-depth solution demonstrations. • AVIXA Xchange Live: For the first time in India, the thriving AVIXA Xchange online community comes to life on the show floor. This dedicated hub will host engaging discussions and in-person connections for groups including the AVIXA Women’s Council in Asia, Rising Professionals, AV Marketers, and the AV/IT Community. • Practical AVoIP Skills Workshop: On Day 3 (11 Sept), professionals can gain practical expertise in the "Mastering AV Networking" session. This expert-led training provides hands-on experience in configuring and implementing essential AVoIP protocols. • First-ever AVIXA CTS® Training in India: Demonstrating huge industry demand, AVIXA's in-person CTS® (Certified Technology Specialist™) preparation course, held for the first time in India from 7-9 September, is fully booked, offering a sold-out class a direct pathway to certification just before the show. The Summit is set to feature a lineup of more than 50 distinguished industry experts and thought leaders from across India and the globe, spread across over 60 dynamic sessions. This year, the spotlight is on AI – how it integrates into AV workflows, and how professionals can apply it meaningfully across various environments, including enterprise, education, government, and media. The show kicks off on 9 Sept, at 10.30 am with “Reimagining Boundaries: The Future of Business & Technology in 2030,” a high-powered panel discussion offering a glimpse into the transformative trends that will redefine industries. The InfoComm India Summit is free to attend for all registered visitors, except for select training sessions and workshops, which require a fee. The complete Show Program and Schedule are available here. Discover the "Hidden Gems" As a final call to visitors, the show encourages everyone to explore the unique networking and learning opportunities that make InfoComm India an unmissable event: • Regional AV Roundtable & Mixer: Taking place on 10 Sept, this is an exclusive, high-value networking event where system integrators, manufacturers, and solution providers converge to explore emerging trends and opportunities. • Sector-Focused Show Floor Tour: Happening on 10 Sept, at 11 am, this expert-led tour focuses on Smart Workplaces & Smart Classrooms. This is designed to help buyers find the specific solutions specific for creating intelligent and responsive ecosystems in workspaces and learning environments. • Welcome Networking Event: Co-organized with AVIXA, this session provides a dynamic platform for connecting with AV professionals and tech decision-makers from across industries. Plan Your Visit: Final Call for Registration Professionals and technology end-users are encouraged to register in advance to ensure seamless entry. Visitor registration is complimentary. Secure your show badge here. For complete show information, visit our website here. About InfoComm Asia Pte Ltd. InfoCommAsia Pte Ltd. extends its influence through three marquee shows: InfoComm Asia; InfoComm China, Beijing; and InfoComm India. Each show features an exhibition that showcases the world’s most cutting-edge and in-demand professional audiovisual and integrated experience technology solutions and a summit that presents learning opportunities. The shows bring together professional audiovisual industry players and top-level decision-makers from across different markets to tap into the vast potential presented by pro AV solutions. For more information, visit: infocomm-asia.com | infocomm-china.com | infocomm-india.com. (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI

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