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    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
    Department of Commerce Holds Workshop on Trade and Sustainable Development Policy Landscape
    GeM Launches 10-Day Celebrations Ahead of 10th Foundation Day, Unveils Commemorative Logo
    All Indian exports of dual-use items comply with international obligations: MEA
    PM Modi to inaugurate Bhogapuram Airport in Andhra on Aug 1
    HIGHLIGHTS
    Closely monitoring: India on US bill seeking up to 100 % tariffs on purchasers of Russian oil
    Delhi HC seeks ED stand on Nayan Raheja's plea against money laundering case
    Rupee appreciates 7 paise to close at 95.43 against US dollar
    PM Modi, UK PM Burnham commit to harnessing full potential of mega trade deal
    ITC Q1 profit declines 15.6 pc to Rs 4,508.79 cr; non-cigarette FMCG posts robust growth
    Punjab extends deadline of one-time scheme for settling tax dues of pre-GST period till Sept 30
    PM Modi speaks to UK counterpart Burnham
    Bank credit to industry records robust growth of 19.2 pc in June: RBI data
    Delhi protesters' fingerprints collected from stones for identification via Aadhaar: BJP minister
    Cabinet approves Rs 84,084-cr offshore exploration scheme; govt to fund up to Rs 650 cr per well
    India's forex reserves jump USD 6.12 bn to USD 682.35 bn
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    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.
    July 31, 2026
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    One-Time Settlement Scheme offers final pre-GST tax dispute resolution relief before stricter recovery action against defaulters begins.
    The One-Time Settlement Scheme 2025 for pre-GST tax dues has been extended until September 30. Eligible taxpayers may resolve pending legacy tax disputes with full waiver of interest and penalties and slab-wise relief in principal tax. After the deadline, recovery action may be intensified under applicable tax laws and the Punjab Land Revenue Act, including property attachment, auction and freezing of bank accounts. The department also supports amicable settlement of tax disputes through the SAMADHAN initiative.
    July 31, 2026
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    Bilateral trade agreement implementation supports expanded trade, investment and strategic cooperation through technology, security, clean energy and community links.
    The India-UK Comprehensive Economic and Trade Agreement was identified as a framework for expanding bilateral trade and investment opportunities following its operationalisation. The two governments proposed closer cooperation to use the agreement for shared prosperity, while advancing their comprehensive strategic partnership through technology, innovation, defence, security, clean energy, education and people-to-people links.
    July 31, 2026
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    Sectoral bank credit growth reflects broad-based expansion across industry, services, agriculture and personal loans, with slower credit-card growth.
    Sectoral bank credit growth accelerated across non-food lending, agriculture, industry, services and personal loans. Industrial credit expanded across micro and small, medium and large enterprises, with strong lending to infrastructure, engineering, food processing, textiles, construction, metals, petroleum-related products and chemical products. Services lending was supported by non-banking financial companies, commercial real estate and trade. Vehicle and housing loans maintained double-digit growth, while credit-card outstanding growth decelerated.
    July 31, 2026
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    Biometric identification of protesters through alleged fingerprint-Aadhaar linkage was described alongside criminal-background profiling and database creation.
    Biometric identification of protesters through fingerprints recovered from alleged stone-pelting evidence was publicly described as a proposed investigative method. A minister stated that fingerprints allegedly found on stones would be linked with Aadhaar numbers to identify participants and examine their prior records. The account also referred to analysis and categorisation of detained protesters' criminal backgrounds, creation of a separate database, and proposed action against participants described as anti-social elements or persons with criminal records.
    July 31, 2026
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    Offshore hydrocarbon exploration support funds high-risk deepwater drilling, shared infrastructure and data acquisition to strengthen domestic energy production.
    The National Offshore Exploration Scheme provides public support for deepwater and ultra-deepwater oil and gas exploration, including seismic and offshore data acquisition, exploratory drilling in frontier basins, and common production and evacuation infrastructure. It addresses the high cost and geological uncertainty of offshore drilling and includes technology adoption, digital programme management, capacity building and collaboration measures. The scheme seeks to expand domestic hydrocarbon discoveries and production, attract investment across the exploration and production value chain, and reduce reliance on imported oil and gas.
    July 31, 2026
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    Foreign exchange reserves increased as foreign currency assets and gold holdings rose, alongside measures to attract forex inflows.
    India's foreign exchange reserves increased during the reporting week, principally because foreign currency assets and gold reserves rose. Foreign currency assets, expressed in United States dollar terms, include valuation effects from movements in currencies such as the euro, pound and yen. Special Drawing Rights and the reserve position with the International Monetary Fund declined. Measures including the FCNR(B) measure were reported as efforts to attract foreign-exchange inflows following rupee pressure and dollar-sales intervention.

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      Dreame Technology kicks off Great Indian Festival Deals with Lowest Prices Ever on Robot vacuums, Stick vacuums and Grooming products on Amazon

      September 11, 2025

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      Up to 72% Off and a 2-Year warranty on all Dreame Robovacs purchased from 1st Sept - 30th September 2025 NEW DELHI, Sept. 10, 2025 /PRNewswire/ -- This is the season of light, joy, and Dreams. Dreame Technology, the global pioneer in smart home appliances is all set to brighten the upcoming festive season with unmatched, never-seen-before deals on robotic vacuums, stick vacuums, wet and dry vacuum cleaners, and grooming appliances. Starting 13th September 2025, Dreame Technology is rolling out The Great Indian Festival deals with the lowest prices ever on its flagship products, giving customers a perfect opportunity to bring home innovation, convenience and a touch of luxury. From making festive cleaning effortless with advanced robotic vacuums to offering sleek grooming tools that add a touch of style to celebrations, Dreame's festive lineup has something for everyone. Customers can live their Dreame Life with up to 72% off on flagship models, a two-year warranty on all Dreame Robovacs*, special cashbacks, and no-cost EMI options across products including such as the X40 Ultra, L10s Ultra, F10, L10 Prime and Airstyle. The early kickstarter deals will have the same offer as on 23rd September Amazon Great Indian Festival Sale with respect to price, cashbacks, exchange and No Cost EMI. Customer-First Promise This festive season, Dreame is not merely making homes cleaner; it is enhancing celebrations with exclusive benefits that surpass standard offerings. By further strengthening its customer-centric approach, Dreame is extending the after- sales service warranty on all its robotic vacuums to 2 years, providing customers with greater confidence in every purchase. This offer will be valid on purchases made from 1st September to 30th September 2025. In addition to the extended benefits, Dreame is strengthening its service network in India with additional service partner. With the addition of these partners, Dreame will significantly increase its manpower and resources to enhance its responsiveness to customer services. For the convenience of its customers, Dreame has also introduced virtual demos. With virtual demos, customers can get detailed information about Dreame's devices while staying at home. The virtual demos will give step - by - step instructions on how to set up the device and further enhance customer experience. "With festive lights, laughter, and togetherness, we want families to focus on celebrations—not chores," said Manu Sharma, Managing Director, Dreame India. "This year, we're making our innovations even more accessible, with lowest-ever pricing, unmatched offers, extended warranties, and virtual demos. It's our way of ensuring that every Indian home can enjoy a cleaner, smarter, and stress-free festive season and focus on what matters to them." With over 165 serviceable cities, on-site installation support, convenient pick-up & drop repair services, Dreame is reinforcing its commitment to hassle-free ownership and customer trust. A dedicated after-sales helpline is also available to assist customers every day of the week. Starting from 13th September 2025, get ready to empower the 'Dreame' life and explore never seen before festive offers on the Dreame Store on Amazon India. Key offers: Robotic Vacuum Cleaners • Dreame F10 (Black/white) vacuum cleaner: Was ₹21,999, Now ₹16,999 • Dreame X40 Ultra vacuum cleaner: Was ₹1,29,999, Now ₹79,999 • Dreame L10 Prime vacuum cleaner: Was ₹45,999, Now ₹31,999 • Dreame L10s Ultra vacuum cleaner: Was ₹74,999, Now ₹39,999 • Dreame L10s Pro Ultra vacuum cleaner: Was ₹79,999, Now ₹49,999 • Dreame F9 PRO vacuum cleaner: Was ₹24,999, Now ₹13,999 • Dreame D9 MAX Gen 2 vacuum cleaner: Was ₹29,999, Now ₹17,999 • Dreame D10 Plus Gen 2 vacuum cleaner: Was ₹39,999, Now ₹22,999 Stick Vacuum • Dreame H12 Dual vacuum cleaner: Was ₹36,999, Now ₹33,999 • Dreame H12 CORE vacuum cleaner: Was ₹24,999, Now ₹19,999 • Dreame H11 Core vacuum cleaner: Was ₹21,999, Now ₹16,999 • Dreame R20 vacuum cleaner: Was ₹36,999, Now ₹24,999 • Dreame R10 Pro vacuum cleaner: Was ₹25,999, Now ₹15,999 • Dreame K10 Pro vacuum cleaner: Now ₹19,999 Personal Care Products • Dreame Gleam Hair Dryer: Was ₹6,999, Now ₹5,999 • Glory Hair Dryer: Was ₹7,999, Now ₹6,999 • Pocket Hair Dryer: Was ₹8,999, Now ₹7,999 • Dreame Airstyle: Was ₹29,999, Now ₹24,999 Terms & conditions apply. Adding to the festive cheer, Dreame is also offering special cashbacks, significant discounts, and no-cost EMI options across its most-loved products. Whether it's the latest robotic vacuum with advanced AI navigation or a sleek cordless stick vacuum designed for effortless cleaning, this is the ideal time to bring home Dreame's innovations at exceptional value. * 2-Year warranty on all Dreame Robovacs purchased from 1st Sept - 30th September 2025. About Dreame India: Dreame Technology started operations in India in early 2023. Our roots delve into the heart of tech, aiming to revolutionize daily life for our global consumers. Currently, the company offers products across robotic vacuums, wet and dry vacuums, cordless stick vacuums and grooming. All Dreame products are available on Amazon. About Dreame Technology: Founded in 2017, Dreame Technology ("Dreame" for short) is an international tech firm constantly seeking innovation and delivering new levels of daily life convenience for its global consumers. Pushing tech boundaries lies at the very heart of Dreame. In 2015, the company's founding team pioneered high-speed digital motors, the building blocks of smart appliances. Subsequently, Dreame continued its journey by developing intelligent algorithms. This combination has granted our products distinctive edges. So far, Dreame has applied for up to 6,004 patents worldwide, 2637 already authorized and 2183 invention patents. Dreame's smart products aim to save individuals' time on household chores so they can focus more on pursuing their dream life through our major product lines: robotic vacuums, cordless stick vacuums, wet and dry vacuums, and high-speed hair dryers. Yet, our ambitions soar even higher. Robotic lawn mowers, cordless robotic pool cleaners, and commercial food delivery robots are under development, with more lineups in the pipeline. (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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