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    Andhra records 21 per cent growth in net GST collections till July
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    Gross GST mop-up grows 15.4 pc to over Rs 2.11 lakh cr in July on higher imports, sales
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    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
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    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
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    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
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    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
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    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.
    August 1, 2026
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    Trade and sustainable development policy integrates carbon regulation, sustainability standards and domestic frameworks to strengthen trade competitiveness and preparedness.
    Trade and Sustainable Development policy was examined in relation to international trade disciplines, sustainability regulation and India's trade strategy. Discussions considered carbon markets, carbon pricing, carbon border adjustment measures, sustainability standards and regulatory cooperation, and their implications for trade and industrial competitiveness. Domestic mechanisms, including the Carbon Credit Trading Scheme, Indian Carbon Market, Extended Producer Responsibility framework, and accreditation and conformity assessment systems, were considered for strengthening preparedness for emerging sustainability-related trade disciplines.
    August 1, 2026
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    Digital public procurement engagement begins with stakeholder events promoting transparent, efficient and inclusive marketplace governance.
    Government e-Marketplace launched ten-day celebrations preceding its tenth Foundation Day, including a commemorative logo, stakeholder events and recognition of employees, buyers and sellers. The programme begins a year-long nationwide outreach initiative bringing together buyers, sellers, policymakers, industry representatives and ecosystem partners through events, dialogues and collaborative platforms. Its stated focus is technology-enabled, transparent, efficient and inclusive public procurement.
    July 31, 2026
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    Strategic trade controls require dual-use exports to comply with national law and international obligations amid arms-transfer allegations.
    Strategic trade controls governing dual-use exports require Indian exports of dual-use items and technologies to comply with national law and India's international obligations. The stated framework applies to exports to various countries. In response to allegations concerning supplies to Israel, the position notes calls for an arms embargo covering direct or indirect transfers of arms and military material, including weapons, ammunition, parts and components, without determining the underlying allegations.
    July 31, 2026
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    Greenfield airport development under a public-private partnership advances licensed international passenger, cargo, logistics, and sustainable infrastructure.
    A greenfield international airport is being developed under a Public-Private Partnership and Design, Build, Finance, Operate and Transfer framework, with airport, aviation-hub, education and supporting infrastructure components. The airport has obtained an aerodrome licence and required safety, fire and environmental clearances. Passenger, airfield and terminal systems are designed for domestic and international operations. A cargo terminal with cold-chain facilities and integration with port, industrial-corridor and logistics networks are intended to strengthen exports and air-cargo logistics. Recycled-water use and LEED Platinum development standards form part of its environmental measures.
    July 31, 2026
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    Regulatory and legal developments cover trade measures, legislative action, offshore exploration support, court directions and platform algorithm scrutiny.
    The compilation reports proposed United States tariff measures concerning purchasers of Russian oil and gas, India-United Kingdom trade engagement, extension of farmer-support measures, and approval of offshore exploration support. It also covers passage of the Registration of Births and Deaths (Amendment) Bill, 2026, a privilege-motion notice, a criminal sentencing, and directions to appoint a nodal officer for families affected by the Russia-Ukraine war. Regulatory items include industrial credit data and examination of social-media algorithms, bias and public-order implications.
    July 31, 2026
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    Russian oil purchases may trigger proposed targeted tariffs, with periodic reassessment based on countries' purchasing behaviour.
    Proposed United States measures would authorise sanctions against Russia and persons supporting its war in Ukraine, while permitting targeted tariffs on imports from countries purchasing substantial volumes of Russian oil or gas or facilitating sanctions evasion. The framework identifies major purchasers and shadow-fleet facilitators for possible additional tariffs and provides for periodic reassessment and tariff adjustments based on purchasing behaviour. India stated that its energy-security policy rests on national priorities and diversified energy sources.
    July 31, 2026
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    Money-laundering proceedings face challenge over absent predicate offence, alleged lack of criminal intent, and treatment of related FIRs.
    Money-laundering proceedings linked to alleged diversion of homebuyer funds are challenged on the ground that no scheduled offence or criminal intent is attributable to the petitioner. The petitioner relies on his asserted exoneration in two predicate FIRs, where charge sheets did not name him, and settlement of the remaining FIR. Notice was issued for a response and status report, and the petitioner undertook to cooperate with the investigation.
    July 31, 2026
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    Rupee appreciation reflected foreign capital inflows and central bank support, tempered by crude prices and geopolitical tensions.
    Rupee appreciation against the US dollar was linked to sustained foreign capital inflows and Reserve Bank support through dollar selling. Higher crude oil prices, a stronger US dollar and geopolitical tensions in West Asia constrained further gains. A slightly positive near-term rupee bias was associated with softer dollar conditions, dovish US monetary expectations, favourable global markets and improved foreign inflows, while geopolitical risks remained relevant. Domestic equity indices rose, foreign-exchange reserves increased, and fiscal-deficit data showed the central government's position against its full-year target.
    July 31, 2026
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    India-UK trade agreement enables duty-free access and bilateral cooperation on investment, technology, and strategic partnership.
    The India-UK Comprehensive Economic and Trade Agreement provides zero-duty market access in the UK for nearly 99 per cent of India's exports and is intended to expand bilateral trade and investment opportunities. The governments committed to maximise its benefits through the Comprehensive Strategic Partnership, including cooperation on technology, innovation, security, clean energy, education and people-to-people links. Advanced technology collaboration, including artificial intelligence, is also contemplated.
    July 31, 2026
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    Excise duty increases on cigarettes pressured profitability, while calibrated pricing and FMCG growth supported market resilience.
    Excise duty increases on cigarettes affected consolidated profitability, prompting calibrated pricing and portfolio measures to protect market share and limit migration to illicit trade. The cigarette portfolio was re-architected across price points through value-accretive offerings and staggered pricing actions. Non-cigarette FMCG growth was supported by demand for packaged foods, dairy and personal-care products. Input-cost inflation was mitigated through inventory cover, commodity hedging and price-volume rebalancing amid crude-price volatility, supply-chain disruption and imported inflation concerns.

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      Union Minister Shri Manohar Lal Khattar Dedicates World Class Sports Academy at JGU to the Nation

      September 8, 2025

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      Sonipat, 8 Sept, 2025: Shri Manohar Lal Khattar, Hon’ble Union Minister of Power & Housing and Urban Affairs, Government of India and former Chief Minister of Haryana, inaugurated and dedicated the World-Class Naveen Jindal Sports Academy at O.P. Jindal Global University to the Nation in the presence of sporting luminaries, medal winners and athletes from Haryana and other distinguished guests from the state. He was welcomed to grace the occasion by the Chancellor Mr. Naveen Jindal, Member of Parliament, Lok Sabha at the university in the presence of Haryana’s Arjuna Awardees, Bhim Awardees, Dronacharya awardee and Dhyanchand awardee.

      Shri Manohar Lal Khattar, Hon’ble Union Minister of Power & Housing and Urban Affairs, Government of India, said in his Inaugural Address, “I am delighted to dedicate the Naveen Jindal Sports Academy to the nation as Haryana is the land of sports. Haryana is synonymous with sports excellence. The Academy, with its world class facilities, has been designed to nurture the champions of tomorrow. Haryana, the sporting powerhouse, has consistently produced sportspersons who bring laurels on the global stage and JGU has added a powerful new chapter to that legacy. The National Sports Policy (NSP) 2025 marks a landmark step towards reshaping India’s sporting landscape. This Sports Academy is a reflection of this larger vision where infrastructure, talent and opportunity converge. We will be inspiring a new generation to embrace sports. JGU is a renowned and globally recognised university and is now considered a milestone in higher education. Development must be done in continuation of our history and culture and Haryana has been a pathbreaker in supporting sports and a sporting culture across communities from villages to cities, especially encouraging children to be involved in sporting activities. Sports also teaches humility, discipline, dedication and hard work which will strengthen the students at JGU.” Mr. Naveen Jindal, Chancellor, O.P. Jindal Global University (JGU), spoke eloquently about the significance of sports while welcoming famous Haryana sportspersons at the event and credited his vision to the inspiration and encouragement of his father, the late Shri O.P. Jindal, and said, “It was my dream to build a world class university in Haryana in his memory and I hope you have seen that today at the campus where from teaching to hostels, dining to health, sports to the campus, everything has been created for a global experience for learning and education. JGU is a not-for-profit institution as education is the biggest contribution we can make for social development. Good education helps our students become better and responsible citizens. As an avid sportsperson myself, I believe that every student should have access and avenues for sports as it gives them new energy. Across India, Haryana has the largest number of medal winners in the country.” The Chancellor announced a plan to develop the capabilities of 50 elite and talented sportspersons who will go on to participate at the international level and represent India globally. “This will further inspire other students to become avid sportspersons as well.” The respected audience included: Arjuna Awardees: Ashok Kumar, Wrestling; Mamta Kharb, Hockey; Manoj Kumar, Boxing; Yashpal Solanki, Judo; Virender Singh, Wrestling; Babita, Wrestling; Abhishek Verma, Archer; Rajender Singh Bhanwala, Rowing; Amir Singh, Volleyball; Yogeshwar Dutt, Wrestling; Dalel Singh, Volleyball.

      Bhim Awardees: Arun, Special Olympic Roller; Keshav Malik, Badminton, Specially-Abled Sports Person; Shivani Kataria, Swimming; Kavita, Boxing; Sant Kumar, Athletics; Sandeep Kumar, Boxing; Sandeep Singh, Athletics; Bijender Singh, Dragon Boat; Amit, Athletics; Suman Kumari, Wrestling; Vinod Kumar, Wrestling; Amir Singh, Volleyball; Dalel Singh, Volleyball; Meena, Boxing; Ramcharan Singh, Athletics; Vinod Kumar, Wrestling.

      Dronacharya Awardees: Mahabir Singh, Wrestling; Ramcharan Singh, Boxing.

      Dhyanchand Awardee: Manoj Kumar, Wrestling.

      Professor (Dr) C. Raj Kumar, Vice Chancellor, Founding Vice Chancellor, JGU, welcomed the distinguished guests and said, “It is a great honour to welcome Union Minister Shri Manohar Lal Khattar, a visionary leader on this historic occasion, who has led Haryana to great development and growth. He has a deep and abiding commitment to education and its power to help transform society. His presence today at the dedication ceremony of the Naveen Jindal Sports Academy is a privilege for the university. This is also a celebration of our visionary Chancellor’s leadership who has made great contributions towards nation building and growth of sports to empower the youth. At JGU we believe that education is not limited to books and classes, but the development of the heart, soul and mind. We need to nurture our universities to become the benchmark for the future and JGU is committed to that ambition.” Other leading Haryana guests included: Lehar Singh Siroya, Member of Rajya Sabha; Subhas Barala, Member of Rajya Sabha; Ramchander Jangra, Member of Rajya Sabha; Abhay Kumar Sinha, Member of Lok Sabha; Chaudhary Dharambir Singh, Member of Lok Sabha; Rekha Sharma, Member of Rajya Sabha; Richard Vanlalhmangaiha, Member of Lok Sabha; Satpal Jhamba, Member of Legislative Assembly, Pundri; Kulwant Bajigar, Member of Legislative Assembly, Kaithal; Shrimati Krishna Gehlot, Member of Legislative Assembly, Rai; Pawan Kharkhoda, Member of Legislative Assembly, Kharkhoda; Devendra Kadyan, Member of Legislative Assembly, Ganaur; Nikhil Madan, Member of Legislative Assembly, Sonipat; Manmohan Goyal, Mayor, Rohtak; Sushil Sarwan, IAS, Deputy Commissioner of Sonipat and Prof. Rajbir Singh, Vice Chancellor, Maharshi Dayanand University – Rohtak The Naveen Jindal Sports Academy (NJSA) was established to support JGU’s intention of becoming a globally-recognised centre of excellence for sports training, education, and research, fostering the next generation of elite athletes, coaches, and sports professionals. JGU established the NJSA in honour of the university’s Chancellor, Mr. Naveen Jindal, an active polo player, a national record holder in skeet shooting, and a prominent voice for the integration of sports into the education system.

      Introducing The World-Class Sports Academy, Mr. Peter Trevaskis, Dean, Naveen Jindal Sports Academy, JGU, said, “Today is a strong statement of intent from O.P. Jindal Global University about its commitment to physical activity, healthy living, and the desire to contribute positively to the growth of India’s sporting capability. The Naveen Jindal Sports Academy is the realisation of the vision and passion of our Chancellor and is a true world-class facility that will benefit generations of students, faculty and staff, and is the foundational building block we need to create a true high-performance sports environment at JGU.” The NJSA provides students with world-class facilities which support swimming, athletics, basketball, badminton, volleyball, shooting, squash, dance and yoga, combat sports, table tennis, snooker, pool, and an expansive gymnasium and physiotherapy centre to support overall health and wellbeing.

      Professor (Dr.) Arpita Gupta, Dean of Research, introduced the Chief Guest Shri Manohar Lal Khattar with a comprehensive overview of his many achievements as a leader and supporter of education.

      In his Vote of Thanks, Professor Dabiru Sridhar Patnaik, Registrar, JGU, said, “We are honoured to have the Union Minister Shri Manohar Lal Khattar and former Chief Minister of Haryana on this historic occasion. We thank the Chancellor Mr. Naveen Jindal for his vision to build a world class facility at JGU.” (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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