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    Following are the top foreign stories at 2015 hours
    Pending civil suits, arbitral claims stand abated after resolution plan approved under IBC: SC
    India'€™s forex kitty jumps USD 964 mn to USD 675.15 bn
    Rupee rises 14 paise to close at 96.28 against US dollar
    Office of Economic Adviser to Release Revised Index of Core Industries Series with Base Year 2022–23
    Fourth Edition of IICA’s National Conference on Responsible Business Conduct (NCRBC) 2026 held in New Delhi
    Reliance promoters raise stake by 0.5 pc through Rs 8,500-9,000 cr worth of share purchases
    US Senate bill seeks 100% tariffs on India, 4 other nations for buying Russian oil
    NRIs can bring USD 70-80 bn into India through FCNR deposits: expert
    NetAcct Solutions Launches Entries ERP Powered by the Entries AI Platform
    Union Minister of Commerce and Industry, Shri Piyush Goyal Leads High-Level Delegation to Finland to Strengthen Trade and Investment Ties
    India Achieves Major Milestone at Codex Commission with Adoption of Three Global Standards for Spices
    Centre for Trade and Investment Law launches guidebook to help Indian MSMEs expand into global markets
    Brazil calls Trump's 25 pc tariff unjustifiable, vows to impose reciprocal tariffs
    Trump administration races clock to rebuild US tariff wall knocked down by SC
    JK marks maiden export of premium cherries, plums to Singapore
    Chhattisgarh govt departments owe Rs 3,117 crore in power bills, assembly told
    Rupee weakens 17 paise to settle at 96.42 against US dollar; loses 1.5 pc in four sessions
    India-UK CETA takes effect: First zero-duty Indian coffee, jewellery consignments reach UK shores
    Govt to replace Ordinance by introducing Income-tax (Amendment) Bill in Monsoon session
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    July 17, 2026
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    Russian oil purchase tariffs and tighter visa oversight reshape trade exposure and immigration compliance for foreign nationals.
    Proposed trade tariffs on purchases of Russian oil would target specified countries, including India and China, while exempting European purchasers of Russian gas. Separately, tighter United States visa regulations for international students, exchange visitors and journalists would end a long-standing arrangement allowing indefinite residence without government oversight. The reported changes may materially affect foreign nationals, including Indian nationals, through differentiated trade treatment and enhanced immigration compliance requirements.
    July 17, 2026
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    Clean slate doctrine extinguishes uncrystallised operational claims and pending proceedings once an approved insolvency resolution plan becomes binding.
    The clean slate doctrine under the Insolvency and Bankruptcy Code is described as abating or extinguishing pending civil suits and arbitration involving pre-insolvency operational claims that had not crystallised into determinable and quantifiable amounts before resolution-plan approval. Claims must be submitted to and determined by the resolution professional, and only crystallised claims incorporated in the approved plan remain payable under its prescribed treatment. Once final, the creditor list and approved plan bind all stakeholders.
    July 17, 2026
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    Foreign exchange reserves rose as foreign currency assets, gold, Special Drawing Rights and IMF reserve position increased.
    Foreign exchange reserves increased during the reporting week, principally because foreign currency assets rose. Reserve components include foreign currency assets, gold reserves, Special Drawing Rights and the reserve position with the International Monetary Fund. Foreign currency assets, expressed in dollar terms, reflect valuation effects arising from movements in non-US currencies held in the reserves. Gold reserves, Special Drawing Rights and the reserve position with the International Monetary Fund also increased.
    July 17, 2026
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    Rupee exchange-rate movement stabilised after possible central bank intervention, while oil prices and foreign fund flows sustained pressure.
    The rupee strengthened against the US dollar following four declining sessions, reportedly amid possible Reserve Bank of India intervention. Elevated West Asia tensions, higher crude-oil prices and cautious foreign fund flows continued to weigh on the currency, despite consolidation in the absence of major domestic triggers. Market participants were expected to monitor global developments, crude-oil movements and foreign institutional investor activity for the next directional move.
    July 17, 2026
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    Revised Index of Core Industries adopts a new base year, adds Iron Ore, and aligns production measurement methodology.
    The revised Index of Core Industries adopts 2022-23 as its base year and replaces the 2011-12 series. Its weights are derived from the 2022-23 Index of Industrial Production and redistributed pro rata to total 100. Iron Ore is added as a core industry, expanding the basket to nine industries. The Steel Index will use gross production data for consistency with the Index of Industrial Production. In the Coal sector, only Raw Coal is retained; Coal Middlings and Washed Coal are excluded to prevent double counting.
    July 17, 2026
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    Sustainability reporting discipline requires credible disclosures, board-level integration, data assurance and proportionate ESG implementation across business value chains.
    ESG-led responsible business conduct requires sustainability disclosures that are relevant, comparable, evidence-based and verifiable, supported by reliable systems, internal controls, documentation, traceability and independent examination. Sustainability should be integrated into board-level decision-making, fiduciary responsibilities, risk management and long-term enterprise value. Stronger governance, accountability and data-assurance frameworks are needed to address greenwashing, with proportionate reporting, technology and capacity-building supporting implementation across value chains and MSMEs.
    July 17, 2026
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    Promoter shareholding increase through market purchases remains within creeping acquisition limits and signals confidence in long-term growth prospects.
    Promoter and promoter-group shareholding in Reliance Industries Ltd increased by nearly 0.5 percentage points through market purchases during the June quarter. The purchases were reported to be within SEBI creeping acquisition limits, allowing gradual promoter acquisitions without triggering a mandatory open offer where prescribed thresholds are met. The increase may strengthen promoter control and marginally reduce public float, and was characterised as reflecting confidence in long-term growth, earnings trajectory and capital-allocation plans.
    July 17, 2026
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    Tariffs on Russian oil purchasers would target sanctions evasion, with reassessment mechanisms and limited energy-sector exemptions proposed.
    Proposed United States Senate legislation would impose mandatory tariffs on imports from leading purchasers of Russian oil or gas and leading facilitators of Russian oil-sanctions evasion. It provides for periodic reassessment and tariff adjustments, while exempting qualifying countries reducing Russian gas imports. Russian uranium purchases for specified nuclear and medical needs, and certain nuclear and space cooperation activities, would be excluded.
    July 17, 2026
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    Foreign currency non-resident deposits enable overseas Indians to invest foreign earnings while supporting India's foreign-exchange reserves.
    Foreign Currency Non-Resident deposits allow Non-Resident Indians and Persons of Indian Origin to maintain overseas earnings as foreign-currency fixed deposits with Indian banks without conversion into Indian rupees. Banks may offer enhanced interest rates for a limited period under an initiative intended to strengthen foreign-exchange reserves and support the rupee. The framework covers the investment process, regulatory requirements, taxation aspects and advantages for eligible overseas investors.
    July 17, 2026
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    GST compliance management integrates reconciliation, input tax credit support, invoicing and statutory monitoring within an AI-powered enterprise platform.
    The unified cloud platform combines accounting, manufacturing, inventory, procurement, human resources, payroll, compliance, reporting and document management with an embedded AI agent. Its compliance functions include GST validation, purchase-register reconciliation with GSTR-2B, input tax credit support, supplier filing-gap detection, e-invoicing, e-way bills, TDS and statutory due-date tracking. Financial and operational workflows are intended to use common real-time data, with automation for invoices, journal entries, reconciliations, reporting, workflow approvals and compliance-risk monitoring.
    July 17, 2026
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    Institutional trade cooperation expands through industry MoUs, supporting investment, innovation and technology partnerships across strategic economic sectors.
    Bilateral trade and investment cooperation was advanced through ministerial discussions and industry engagements concerning financial markets, innovation, enterprise financing and commercial relations. Two institutional Memoranda of Understanding established mechanisms for industry collaboration and greater business engagement. Sector-specific interactions covered digital and frontier technologies, space, clean energy, bioeconomy, circular economy, infrastructure and advanced manufacturing, focusing on collaboration, investment and technology partnerships.
    July 17, 2026
    Show AI Summary
    Codex spice standards harmonise quality benchmarks for cardamom, coriander and vanilla, supporting trade consistency, market access and export competitiveness.
    Codex standards for large cardamom, coriander and vanilla establish harmonised international quality benchmarks following review by relevant committees on analytical methods, food additives and food labelling. The standards are intended to promote consistent quality requirements, facilitate trade, improve market access and support export competitiveness. India was also accepted as Co-Chair of an Electronic Working Group developing policy guidance on risk analysis for new food products.
    July 17, 2026
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    Export readiness for MSMEs strengthens global market access through trade intelligence, standards compliance, preferential origin rules and trade remedy awareness.
    Export readiness for Indian MSMEs is supported through practical guidance on identifying export opportunities, market-access requirements, trade intelligence tools, international standards, sustainability requirements and buyer identification. International expansion strategies include using preferential Rules of Origin and cooperation mechanisms under Free Trade Agreements, selecting export destinations, product positioning, diversification and value addition. Trade remedy awareness and guidance on unfair trade practices and import surges, together with institutional support, partnerships and trade-exhibition participation, can strengthen global competitiveness and integration into global value chains.
    July 16, 2026
    Show AI Summary
    Reciprocal tariff measures and multilateral dispute settlement are pursued in response to contested import duties.
    Reciprocal tariff measures are proposed in response to a new tariff on specified Brazilian imports allegedly involving unfair trade practices. Brazil rejects those allegations and proposes to use its reciprocity-law mechanisms, including reciprocal tariffs and other trade-related countermeasures, while pursuing multilateral dispute settlement. It maintains that trade investigations must conform to multilateral international-trade rules and notes that the tariff may burden exports and increase commercial uncertainty.
    July 16, 2026
    Show AI Summary
    Section 301 tariff authority offers a procedurally constrained route to replace temporary global import tariffs after emergency powers failed.
    Import-tariff authority is shifting from emergency-based measures to temporary and investigatory powers under the Trade Act of 1974. Section 122 supports a global tariff measure only for a limited period, whereas Section 301 permits tariffs or trade sanctions for unjustifiable, unreasonable, or discriminatory foreign trade practices after required public-comment and hearing procedures. Current Section 301 investigations concern forced-labour imports and alleged overproduction by trading partners. A more rule-bound tariff framework may reduce, but not eliminate, commercial uncertainty, and broad use of Section 301 for near-universal tariffs may face legal challenge.
    July 16, 2026
    Show AI Summary
    International food-safety and phytosanitary compliance supports premium cherry and plum exports from Jammu and Kashmir to Singapore.
    Export of premium cherries and plums from Jammu and Kashmir to Singapore was facilitated to expand overseas market access for temperate fruits. The produce underwent scientific cultivation, optimum-maturity harvesting, grading, sorting, packing and cold-chain handling in compliance with international food-safety and phytosanitary standards. The initiative highlights quality enhancement, market development, logistics, export-oriented production and improved post-harvest management for horticultural exports.
    July 16, 2026
    Show AI Summary
    Electricity bill recovery and prepaid departmental billing are presented alongside independent tariff regulation and rooftop solar promotion.
    Electricity-payment arrears were reported against government departments and non-government consumers. Tariffs are determined independently by the State Electricity Regulatory Commission on factors including power-purchase costs, regulatory assets, the distribution company's financial position and public hearings. Recovery from non-government consumers is undertaken under the Electricity Supply Code, while a pre-paid billing system is being implemented for government departments to improve payment compliance. Rooftop solar installations are also being promoted to reduce household electricity bills.
    July 16, 2026
    Show AI Summary
    Rupee depreciation pressures intensify as elevated crude prices, foreign capital outflows and geopolitical tensions weigh on exchange markets.
    The rupee weakened for a fourth consecutive session amid elevated crude oil prices, a stronger dollar index and foreign capital outflows, with rising oil import costs adding to balance-of-payments pressures. Reserve Bank of India data showed an overall balance-of-payments deficit during the first two months of the fiscal year, although the current account recorded a surplus for April-May 2026. Geopolitical tensions and Strait of Hormuz risks were cited as supporting high crude prices, while possible Reserve Bank intervention could support the rupee.
    July 16, 2026
    Show AI Summary
    Zero-duty India-UK trade under CETA begins with jewellery and coffee consignments, supported by exporter compliance guidance.
    India-UK CETA introduced a low- or zero-tariff regime covering about 99 per cent of tariff lines for Indian exports to the United Kingdom. Initial zero-duty jewellery and coffee consignments reached the UK under the agreement. CETA is intended to improve market competitiveness, strengthen supply chains and support businesses, exporters, importers and investors. A dedicated facilitation forum and a guide to UK import standards and regulatory requirements support Indian exporters, particularly small and medium enterprises, in navigating the post-CETA trading regime.
    July 16, 2026
    Show AI Summary
    Foreign investor tax exemptions on government securities are proposed to continue, supporting sovereign debt market liquidity and capital inflows.
    Income-tax exemption for foreign investors in government securities is proposed to continue through the Income-tax (Amendment) Bill, 2026, replacing the corresponding ordinance. The ordinance exempted interest income and capital gains from the sale, exchange or transfer of government securities by foreign investors, effective from 1 April. The measure seeks to attract foreign capital, deepen the sovereign debt market and improve liquidity amid global economic volatility. The legislative agenda also includes MSME reforms concerning delayed-payment redressal, enforcement of arbitral awards and State flexibility in constituting facilitation councils.

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      TCL Introduces the TCL NXTPAPER 60 Ultra Smartphone, Combining Ultimate Eye-Comfort with Exceptional All-round Performance

      September 5, 2025

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      BERLIN, Sept. 4, 2025 /PRNewswire/ -- At IFA 2025, TCL reshapes the smartphone landscape with the launch of the TCL NXTPAPER 60 Ultra, the first smartphone with its latest revolutionary NXTPAPER 4.0 technology. Developed in collaboration with TCL CSOT, a global leader in display innovation, this smartphone embodies TCL's commitment to protecting user well-being. Enjoying a stunning 7.2-inch display, this industry's most comprehensive eye-care smartphone with multiple prestigious certifications from TÜV and SGS elevates eye comfort to a new horizon through its seven core eye-care technologies. Alongside enhanced AI-powered reading and writing experience and TCL's innovative self-developed MuseFilm imaging technology, this phone delivers unparalleled all-round flagship performance. In the era of the digital flood, the relentless screen exposure leads to chronic eye strain and focus drifts. As our eyes bear the brunt of this digital onslaught, driven by its unwavering commitment to make technology more human, TCL has long been dedicated to tackling this issue. The brand-new TCL NXTPAPER 60 Ultra is a testament to this mission, offering a groundbreaking eye-care solution that provides a sanctuary for eyes in the digital age. Its natural light display and immersive Max Ink Mode for effortless digital detox transforms screen time into calm, natural, and strain-free viewing experience. NXTPAPER 4.0: The Most Comprehensive Solution for Ultimate Eye Comfort and Peace of Mind Built on TCL's latest NXTPAPER 4.0 technology, this device is equipped with seven core eye-care technologies, including natural light display, zero flickering, blue light purification, reflection-free and anti-glare viewing, dim-light eye protection, circadian screen comfort, and TruePaper Restoration technology, bringing ultimate eye comfort and peace of mind to everyday use. Boasting the industry's first smartphone with natural light display and zero flicker, the new product provides a more refined, brighter and more natural display. With a massive 7.2-inch screen, this device leverages CPL (Circular Polarized Light) technology, where the light wave rotates in a circular motion to mimic natural light. In a way of preserving vivid visual details with professional-grade color accuracy (ΔE<1), it delivers a comfortable viewing experience as natural as looking at nature. Crafted to bring the essence of nature to your eyes, the display integrates multi-layer innovations, like anti-glare, reflection free, zero flicker, and blue light purification. NXTPAPER 4.0 also incorporates nano-matrix lithography technology, enabling a screen with exceptional clarity and vivid visuals. It offers users comfortable viewing akin to reading on a real paper and comfort comes naturally. The innovation extends beyond addressing major causes of eye strain to a holistic and human-centric solution. The SGS-certified dim-light eye protection detects the ambient light as soon as the screen is turned on and adjusts brightness to as low as 2 nits for effortless nighttime browsing. Circadian screen comfort subtly shifts brightness and color temperature in sync with your natural rhythm, maintaining vividness during the day and transitioning to warmer tones by night, creating a more natural viewing experience that adapts to your life anytime and anywhere, as soothing and authentic as nature itself. AI-Infused Reading & Writing: Improving Productivity and Unleashing Boundless Creativity Beyond delivering unparalleled visual comfort, the NXTPAPER 60 Ultra also provides ultimate reading and writing experience with its powerful AI capabilities. For writing, the device is equipped with T-Pen Magic, a low-latency, pressure-sensitive electromagnetic stylus, boasting the industry's first S+ level stylus experience certified by SGS. Combined with the TCL Note app that supports Mixed Input Formats, Easy Script, Memo Craft, and One Stroke to Form features, it delivers a paper-like writing experience that feels natural and intuitive, allowing for versatile creation anytime and anywhere. With AI-driven productivity tools, users can effortlessly access simultaneous interpretation, smart voice memos, summarization, rewriting—all with a single swipe, turning every moment into an opportunity for seamless creation and improved productivity. For reading, the upgraded Max Ink Mode, activated through NXTPAPER Key, offers an unmatched immersive and distraction-free reading experience for digital detox by blocking notifications. Users can explore rich book resources in six languages or import their own books to personalize the library. Equipping with AI-powered tools such as AI Outline, AI Q&A, AI Audiobook, and AI Podcast for better comprehension, NXTPAPER 60 Ultra transforms the way users engage with content. Competitive Periscopic Telephoto Meets Artistic MuseFilm Imaging Technology: Where Versatility Meets Art At its core, the device features a periscopic telephoto camera with full focal length shooting and impressive 50MP high imaging quality, allowing for diverse zoom levels, including 3x optical zoom and 6x lossless zoom, capturing beauty with intricate details both near and far with ease. Paired with dual OIS cameras and a main camera with 1μm big pixel size for exceptional motion capture and steady shots, the camera system delivers exceptional versatility. Notably, this device is the first in its price range to feature periscopic telephoto hardware. Complementing these advanced capabilities is its TCL-developed MuseFilm imaging technology, a breakthrough that revolutionizes smartphone photography by blending advanced camera performance with artistic expression. Unlike conventional smartphone cameras that simply record moments, MuseFilm transforms your phone into an art canvas. Every image feels cinematic, expressive, and meticulously composed. Reliable Flagship Performance for Everyday Excellence Beyond its eye-friendly display and cinematic imaging, the NXTPAPER 60 Ultra delivers absolutely all-round performance designed to help users stay on top of everyday demands. Powered by the latest MediaTek Dimensity 7400 chipset with 24GB RAM (12GB + 12GB RAM expansion), a massive storage of up to 512GB, and a 5200mAh battery with 33W fast charging, the NXTPAPER 60 Ultra ensures smooth multitasking and reliable all-day use without compromise. Built to handle the challenges of everyday life, the device is IP68 water and dust resistant, and works seamlessly with magnetic modular accessories. Technology for Good: NXTPAPER Phone for Junior With more and more children embracing phones at a young age, however, the harmful effects of prolonged screen time—from eye strain and cognitive overload to digital addiction—are now pressing issues that parents can no longer overlook. TCL steps forward with the TCL NXTPAPER 5G Junior, a dedicated smartphone for teenagers that combines NXTPAPER's industry-leading eye-care display with TCL-developed Digital Detox Mode for distraction-free viewing experience to let them see with comfort and grow with focus, while empowering teenagers to build healthy digital habits and engage deeply into learning. The exclusive parental guidance powered by Google Family Link ensures children's safety through pure content filter, real-time location tracking, and screen time and App control, giving children freedom to explore the digital world while giving parents peace of mind and full control. Together, these innovations reflect TCL's "Technology for Good" mission—creating devices that protect vision, nurture focus and help people of all ages enjoy healthier, more meaningful screen time. Pricing and Availability TCL NXTPAPER 60 Ultra (256GB ROM, with bundled accessories): RRP €499 TCL NXTPAPER 60 Ultra (512GB ROM, with bundled accessories): RRP €549 Availability: September 2025 in Europe & LATAM and APAC Optional accessories: MagFlip and T-Pen Magic. TCL NXTPAPER 5G Junior (256GB ROM, with default accessories): RRP €249 Availability: October 2025 in Europe Default accessories: 2 protective cases. Prices may vary by country. Figures calculated in the release are based on stringent internal testing procedures. For more information on TCL NXTPAPER 60 Ultra, please visit: https://www.tcl.com/global/en/mobile/tcl-nxtpaper-60-ultra To learn how NXTPAPER redefines eye comfort and explore the science behind this groundbreaking technology, please visit: https://www.tcl.com/global/en/nxtpaper-whitepaper About TCL Mobile TCL Mobile specializes in the research, development and manufacturing of smartphones, tablets and connected devices. On a mission to deliver 5G for all, TCL Mobile helps its customers 'Inspire Greatness' in their lives through industry leading technology and solutions. For more information on TCL mobile devices, please visit: https://www.tcl.com/global/en/mobile About TCL TCL is a leading consumer electronics brand and a global leader in the television industry. Operating in over 160 markets worldwide, TCL specializes in the research, development, and manufacturing of consumer electronics products, including TVs, audio systems, home appliances, mobile devices, smart glasses, commercial displays, and more. For additional information, visit the TCL website at https://www.tcl.com. (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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