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    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
    Jharkhand signs pact with CSC eStore to make SHG products made by women available online
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    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.
    July 31, 2026
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    Digital marketplace access for women's self-help group products expands e-commerce opportunities while panchayat-level citizen services are strengthened.
    Digital marketplace access for women's self-help group products is proposed through a memorandum of understanding between CSC eStore and the Jharkhand State Livelihood Promotion Society. Products marketed under the 'Palash' and 'Adiva' brands are intended to be offered through an e-commerce network to widen market access, support rural women's income and entrepreneurship, and strengthen the rural economy. Digital panchayat services are also being expanded through Common Service Centres, including banking, e-governance and Aadhaar-related services.

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      Treasury of Trousseau 2025: Couture, Jewellery, Festive Gifting and Wedding Luxury Showcase

      September 25, 2025

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      New Delhi [India], September 25: This year’s edition is envisioned as a thoughtfully curated celebration of couture, jewellery, festive gifting, beauty, and wedding essentials, spotlighting timeless elegance and contemporary luxury. Positioned as the ultimate one-stop destination for weddings, festive occasions, and celebratory gifting, the experiential showcase offers an immersive journey for brides, grooms, their families, and discerning shoppers. • DLF Emporio’s Iconic Treasury of Trousseau Returns with Exclusive Showcases, Beauty Highlights, Gifting Inspirations, and Designer Appointments • DLF Luxury Malls’ most-awaited marquee showcase, Treasury of Trousseau 2025, returns to India’s first and finest luxury destination, DLF Emporio, New Delhi, from 25th to 27th September. Meet the Designer: Curated Appointments • Ensemble – Anjul Bhandari, and Rhea Patel (Still by Tejal & Rhea): 25th Sept 12–6 pm • Patine – Geeti Mehra: 25th and 26th Sept 1–5 pm • Ravi Bajaj – 25th Sept 4-6 pm • Dabiri – Ambika Jain and Divya Kapur: 25th Sept, 6 pm onwards and 26th Sept 2-4 pm • Janavi India – Jyotika Jhalani: 25th Sept, 7 pm onwards • Ensemble – Anjul Bhandari: 26th Sept 12–6 pm • Namrata Joshipura – 27th Sept 3–6 pm Exclusive Brand Offerings Adding to the grandeur, guests can discover limited time offerings, exclusive collections and festive specials from Abhishek Gupta, Aisha Rao, Ensemble Pret, Goenka India, Isharya Luxe, Namrata Joshipura, OTT by Tarun Tahiliani, Papa Don’t Preach, Raghavendra Rathore, Ridhi Mehra, Satya Paul, Shivan & Narresh, Suneet Varma, Surekha Jain and VRK by Khanna Jewellers. Event Highlights Day One (25th Sept) • Abu Sandeep presents an immersive couture installation at DLF Emporio’s central atrium, with archival masterpieces alongside a debut showcase of handmade handbags and signature candles. The meet and greet with Sandeep Khosla will also preview the new AJSK couture collection, Raj, as well as the new bridal collection by Abu Sandeep. The afternoon leads into lunch at Café E. • La Mer Trunk on display at Café E, presenting an exclusive curation of its iconic skincare, adding a distinct beauty-driven dimension to the day’s highlights. • Evening activations across the 2nd and 3rd floors will unite fashion, art and hospitality, with Masha Art’s curated works thoughtfully placed throughout DLF Emporio to create an immersive visual thread. The curation features works by Ramesh Gorjala, Swaraj Das, Niladri Paul, Asit Kumar Patnaik, and Jagannath Paul, exploring contemporary expressions of celebration and kinship, echoing the season’s couture narratives, from painterly canvases to hand-cast bronze and stainless steel sculptures. Jumeirah, a global leader in luxury hospitality and the official hospitality partner, will bring its culinary craft and service excellence, further elevating the guest experience across all three days. Day Two (26th Sept) • Ranna Gill presents her Fall 2025 collection in an intimate showcase at Café E, offering a glimpse into her latest vision for the season. • DLF Emporio, in collaboration with Kapoor Watch Company, DS Luxury Retail & Global Star, presents Masters of Time and Tailoring. The evening will celebrate the spirit of timeless luxury through unveiling the Kapoor Watch x Hublot Special Edition commemorating 20 years of partnership between Kapoor Watch Co. and Hublot, a bespoke sartorial showcase by DS Luxury Retail, and an exclusive preview of Mercedes-Benz GLS AMG by Global Star. This unique showcase merges the world of haute horlogerie with the craftsmanship of Italian tailoring and German engineering, offering discerning gentlemen a glimpse into a universe where luxury meets exceptional craftsmanship. In addition to the unveiling, guests will discover bespoke services that elevate personalised statements of elegance. Day Three (27th Sept) • An evening High Tea at Café E, featuring Sunita Shekhawat in conversation on jewellery, heritage, and collectables. • Gaurav Gupta's grand showcase at Vinci, 3rd Floor, blends couture and refined dining as an immersive evening experience. Across all three days, patrons will also discover an expanded gifting showcase, featuring Bespoke, Doft Candles, and The Laddoowala. From couture and jewellery unveilings to in-boutique activations, designer interactions, cocktail hours, and by-invite-only previews, the 2025 edition is designed as a truly seamless journey through festive and wedding luxury. Bacardi joins as the official Celebration Partner, with Mercedes-Benz Globalstar, the official Automobile Partner, set to add a note of refinement and innovation to the event with the showcase of the GLS AMG line. Bodh Waters returns as the Hydration Partner, bringing wellness-driven luxury to the showcase, while Jumeirah joins as the Hospitality Partner, ensuring signature experiences and ultimate luxury for guests. Limited spots are available. Secure your entry and designer appointments now: Register here Pushpa Bector, Senior Executive Director & Business Head, DLF Retail, shared her vision for the event: “For us, Treasury of Trousseau has always been about more than fashion – it’s about the spirit of celebration. This year, we wanted to create an atmosphere where weddings, festive occasions, and even gifting moments feel just as special. DLF Emporio has become the place where people come not just to shop, but to experience the joy and elegance that luxury can bring into their lives.” Saurabh Bharara, Vice President and Head, DLF Luxury Malls, added: “With every edition of Treasury of Trousseau, we ask ourselves how we can reimagine luxury for today’s customer. In 2025, that meant going beyond couture to introduce jewellery dialogues, menswear showcases, and new experiential formats like Vinci. For us, it’s about pushing boundaries and setting the tone for how festive and wedding shopping will be experienced in the years ahead.” As the most significant luxury marquee across DLF Luxury Malls, Treasury of Trousseau 2025 is poised to redefine festive and wedding shopping for India’s elite. DLF Emporio extends a warm welcome to its patrons to experience this grand celebration of craftsmanship, innovation, and high fashion. (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI

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