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    CBN dismantles inter-state counterfeit drug network in Bihar under Operation Vajra; mastermind arrested
    DRI seizes quantities of gold; drugs, e-cigarettes and other contraband in pan-India Ops; 20 persons, including 5 foreign nationals, arrested
    Union Government releases tax devolution of ₹1,09,019 crore to State Governments, as one advance instalment to accelerate their capital and deve...
    Raymond Lifestyle Limited Delivered a stable Q1 FY27 Performance
    Rupee rises 31 paise to 95.12 against US dollar in early trade
    Customs seizes 8 kg gold worth over Rs 11 cr at Kerala airports in one week
    Drill, Baby, Drill: India to fund Rs 650 cr per well for 60 deepsea wells to break its oil import habit
    Punjab GST revenue rises 20 pc to Rs 10,447 crore in April-July: Cheema
    India-China trade through Shipli La resumes after six years
    Odisha's export can reach USD 50 billion by FY 2029-30: Study
    Andhra records 21 per cent growth in net GST collections till July
    J&K crime branch chargesheets accused in separate bank, insurance fraud cases
    MCD-facilitated PM Vishwakarma Scheme enrols over 41,000 artisans in Delhi
    Gross GST mop-up grows 15.4 pc to over Rs 2.11 lakh cr in July on higher imports, sales
    Gross and Net GST revenue collections for the month of July, 2026
    India and Rwanda Hold First Joint Trade Committee Meeting to Deepen Bilateral Trade and Investment Cooperation
    West Bengal GST collection rises 2 pc in July to Rs 5,564 crore
    Gross GST collection kitty swells 15.4 pc to over Rs 2.11 lakh cr in July
    RBI says USD 40.82 bn mobilised under forex swap facility till Jul 31
    Sebi bars ZEEL for 2 months, Subhash Chandra, Punit Goenka for 1 year in Hyderabad land pledge case
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    August 3, 2026
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    Counterfeit drug enforcement targets illicit manufacture, storage and trafficking networks, with coordinated seizures and referral of non-narcotic stock.
    Counterfeit-drug enforcement under Operation Vajra addressed an inter-state network involved in the illicit manufacture, storage and distribution of narcotic drugs, psychotropic substances and spurious pharmaceutical products. Searches of unregistered godowns recovered narcotic products, unauthorisedly manufactured Buprenorphine injection ampoules, and counterfeit non-NDPS medicines. A farmhouse-based illicit manufacturing facility was dismantled, with machinery, chemicals and related materials seized under the NDPS Act, 1985.
    August 3, 2026
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    Anti-smuggling enforcement targets concealed gold, narcotics, protected products, prohibited e-cigarettes and restricted imports through coordinated intelligence operations.
    Intelligence-led anti-smuggling operations resulted in seizures of foreign-origin gold, narcotic drugs, hydroponic weed, protected wildlife and forest products, prohibited electronic cigarettes, and restricted poppy seeds and areca nuts. The operations identified concealment through fabricated baggage cavities, false cargo declarations, misdeclaration of origin, forged documentation, and concealment in transport vehicles. Poppy seeds are restricted under the Foreign Trade Policy and may be imported only subject to conditions concerning legally cultivated produce from designated countries and registration of import contracts with the Narcotics Commissioner.
    August 3, 2026
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    Tax devolution advance instalment strengthens State finances for accelerated capital and developmental expenditure through distribution of Union tax proceeds.
    Tax devolution was released to State Governments as an additional advance instalment alongside the normal monthly devolution schedule. The fiscal transfer shares net proceeds of Union taxes and duties with States, with the stated purpose of strengthening State finances and supporting accelerated capital and developmental expenditure. The release includes a State-wise distribution of tax-devolution proceeds.
    August 3, 2026
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    Financial performance reporting highlights revenue and EBITDA growth, garmenting recovery, retail optimisation, ESG commitments, and forward-looking risk disclosures.
    Financial performance reflects growth in total income and EBITDA, with improved margin, reduced net working-capital days, and a net-cash position. Branded textiles and high-value cotton shirting reported lower revenue due to the prior-year base effect, while branded apparel grew but faced lower margin from channel mix. Garmenting improved through order-book execution, tariff rationalisation, and new global clients. ESG priorities include female representation, waste-management initiatives, renewable energy, emissions reduction, and workplace safety. Forward-looking statements remain subject to regulatory, political, economic, and technological risks.
    August 3, 2026
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    Foreign exchange market support strengthens the rupee as lower crude prices, portfolio inflows and reserve growth improve sentiment.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar, attributed to lower global crude oil prices, a weaker dollar, sustained foreign portfolio inflows, higher foreign exchange reserves, and Reserve Bank of India presence in the foreign exchange market. Domestic equity market gains and net foreign institutional equity purchases were also identified as supporting factors.
    August 2, 2026
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    Gold smuggling detection targets sophisticated concealment methods through strengthened passenger profiling, intelligence gathering and coordinated investigations into organised networks.
    Gold smuggling detection at Kerala airports led to multiple seizures, registration of cases and arrests in alleged smuggling attempts. Organised networks reportedly use gold in paste or compound forms concealed in clothing, body cavities, aircraft seats and other unconventional locations. Enforcement measures include strengthened passenger profiling, intelligence gathering and inter-agency coordination, while investigations continue to identify associated syndicates and financiers.
    August 2, 2026
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    Offshore exploration funding supports deepwater drilling, shared infrastructure and seismic data to strengthen domestic hydrocarbon production potential.
    The Samudra Manthan National Offshore Exploration Scheme provides direct budgetary support for high-risk deepwater and ultra-deepwater exploratory drilling, subject to cost-sharing and per-well limits. Support is available to eligible operators holding or securing exploration acreage. The scheme also funds offshore data acquisition and shared subsea, receipt and processing infrastructure through a Common Hub Infrastructure model. It is intended to promote risk exploration, improve commercialisation of offshore discoveries and strengthen domestic hydrocarbon production potential within the existing exploration and licensing framework.
    August 1, 2026
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    GST compliance enforcement combines taxpayer refunds, analytics-based fraud detection, cancellation of fake registrations, and recovery of outstanding VAT arrears.
    Punjab attributed increased GST collections to voluntary compliance, intelligence-based enforcement and technology-driven tax administration, while facilitating compliant taxpayers through timely GST refunds. Data analytics, risk profiling and field verification were used to identify tax evasion, bogus billing, fake input tax credit networks and misuse of the GST registration framework. Measures included penalties, cancellation of fraudulent registrations and recovery of long-pending VAT arrears through attachment and auction of defaulters' properties.
    August 1, 2026
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    Cross-border barter trade resumes through Shipki La, subject to permitted goods, time limits, and import-export compliance requirements.
    Cross-border barter trade through Shipki La between India and Tibet resumed after a six-year interruption. Traders may exchange specified goods under a barter arrangement and must return within 72 hours. Traders are required to comply strictly with import-export regulations prescribed by the Union Ministry of Commerce, emphasising transparency and regulatory compliance. Expansion of permitted goods may be pursued through prescribed governmental and external-affairs channels.
    August 1, 2026
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    Export growth projections outline pathways for Odisha to expand merchandise trade through export diversification, MSME support and financing initiatives.
    Export growth projections for Odisha set out base, optimistic and ambitious scenarios through FY 2029-30, based respectively on historical growth, envisaged national export growth, and a larger share of national exports. Odisha's export basket remains concentrated in metals and minerals, led by aluminium products, with China as the principal export destination. Odisha Vision 2047 identifies exports, including MSME contributions, as an economic transformation driver, while export-financing and risk-mitigation initiatives aim to address financing gaps for exporters and MSMEs.
    August 1, 2026
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    GST compliance enforcement through AI analytics supported sustained net GST collection growth despite rate rationalisation reforms and reduced compliance costs.
    GST revenue mobilisation in Andhra Pradesh showed year-on-year growth in net GST and total commercial tax collections through July 2026, despite rate-rationalisation reforms. Revenue growth was attributed to AI-based scrutiny and analytics, machine-learning risk scoring, AI-driven IGST reversals, UPI-based enforcement analytics, data sharing, predictive analytics, registration verification, and Aadhaar-integrated expansion of the professional-tax base. These measures were stated to strengthen compliance, curb wrongful input tax credit claims, broaden taxpayer coverage, and improve revenue mobilisation.
    August 1, 2026
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    Economic-offences fraud chargesheets address alleged fictitious loans, forged insurance surrender papers, and diversion of bank and policy funds.
    Economic-offences chargesheets were filed in separate alleged bank and insurance fraud matters. The bank investigation alleged fictitious loan sanctions and overdrafts beyond delegated authority, involving cheating, forgery, use of forged documents and criminal conspiracy. The insurance investigation alleged that duplicate policy records and forged surrender documents were used to open a fraudulent account in a policyholder's name and divert policy proceeds. Records, witness statements, documentary evidence and forensic examination were cited in support of the allegations.
    August 1, 2026
    Show AI Summary
    PM Vishwakarma Scheme implementation expands artisan enrolment, skills, credit, e-commerce access and export facilitation while addressing documentation barriers.
    PM Vishwakarma Scheme implementation in Delhi facilitated artisan enrolment, application processing, skill training, toolkit distribution, loan access, e-commerce onboarding and export-related support. Awareness workshops and tele-calling campaigns were used to promote participation and follow up on benefits. Key implementation challenges concerned outreach to informal clusters, digital literacy, delays in Aadhaar and IEC documentation, and additional support for Divyang artisans. Planned action includes expanding workshops, scaling e-commerce onboarding, strengthening export facilitation and coordination with implementing agencies.
    August 1, 2026
    Show AI Summary
    Goods and Services Tax collections rise on domestic consumption and imports, while elevated import revenue prompts assessment of underlying drivers.
    Goods and Services Tax collections for July increased over the corresponding prior-year period, supported by domestic sales and imports. Gross receipts included Central GST, State GST and Integrated GST, with net GST revenue calculated after adjusting refunds. For the April-July period, gross and net collections also increased. Commentary linked domestic GST growth to consumption, formalisation and industrial activity, while identifying elevated import GST collections as an area requiring assessment of import composition, currency effects and volumes.
    August 1, 2026
    Show AI Summary
    GST revenue collections show provisional gross, refund and net revenue trends, with State-wise settlement and domestic collection data.
    GST revenue collections for July 2026 are reported provisionally through gross domestic and import revenue, domestic and export-related refunds, and net GST revenue after refunds. The data also sets out SGST collections and the SGST share of IGST settled to States and Union Territories, both monthly and cumulatively. State-wise domestic GST growth excludes GST on imported goods, while jurisdiction-wise data allocates collections between central and State formations and identifies CGST, SGST and IGST components.
    August 1, 2026
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    Bilateral trade cooperation expands through a Joint Trade Committee covering investment, critical minerals, healthcare, digital technologies and market access.
    Bilateral trade and investment cooperation between India and Rwanda is to be advanced through a structured Joint Trade Committee mechanism for reviewing commerce, diversifying trade, promoting investment, facilitating business engagement and addressing market-access and logistical issues. Priority cooperation includes critical minerals, pharmaceuticals and healthcare, agriculture and agro-processing, standards harmonisation, digital public infrastructure, fintech, cybersecurity, green mobility and renewable energy. Investment focal points will support engagement, while capacity-building assistance and close monitoring of the Agreed Minutes are intended to support time-bound implementation.
    August 1, 2026
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    GST collection growth in West Bengal continued year-on-year in July but remained below the national growth trend.
    West Bengal's July GST collection increased year-on-year and over the preceding month, marking a second consecutive month of annual growth. Official data also indicated that the State's annual growth rate was below the national trend, while gross domestic GST revenue excluding imports and overall gross GST collections including import-related taxes rose nationally during July.
    August 1, 2026
    Show AI Summary
    GST collection growth reflects higher revenue mobilisation from domestic transactions and imports, with refunds adjusted in net revenue.
    Goods and Services Tax collections increased in July, driven by higher revenue from domestic transactions and imports. The gross collection comprised Central GST, State GST and Integrated GST components. Refunds also increased during the month, and net GST revenue was determined after adjustment of refund outflows from gross tax receipts.
    August 1, 2026
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    Concessional foreign-exchange swaps encourage bank deposits and foreign borrowings to strengthen balance-of-payments resilience and foreign-exchange liquidity.
    The Reserve Bank of India introduced a concessional foreign-exchange swap facility to encourage foreign-currency inflows, strengthen the balance of payments and support foreign-exchange liquidity. The facility applies to fresh Foreign Currency Non-Resident (Bank) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings. Foreign Currency Non-Resident (Bank) deposits constitute the principal source of inflows mobilised under the arrangement. The facility is available for specified time-bound periods, with a later availability period for Overseas Foreign Currency Borrowings and External Commercial Borrowings.
    August 1, 2026
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    Unauthorised pledge of listed-company land triggered securities-market bars for disclosure failures and misuse of management authority.
    Unauthorised pledge of ZEEL's Hyderabad land as security for loans obtained by promoter-linked entities was treated as a related-party transaction lacking prior audit committee approval. ZEEL failed to disclose the land's deployment in its financial statements. Its Chairman Emeritus was stated to have transferred title deeds by falsely representing management approval and to have concealed the transaction's nature. Securities-market prohibitions and monetary penalties were imposed with immediate effect.

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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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