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    APEDA Facilitates Flag-Off of 18 MT of NPOP-Certified Ethnic Rice from Tripura for Export to Austria and the Netherlands
    VR LIVIN’s ‘THE FIRST’ Records Sale of 20 Villas Within Two Days of Launch
    IAAPI Calls for GST Rationalisation to Support Growth and Consumer Demand in India’s Amusement Industry
    ED raids multiple locations in Keralam in hybrid ganja smuggling money laundering case
    Rupee jumps 47 paise to 94.26 against US dollar in early trade
    ED raids multiple locations in Kolkata in bank loan fraud case
    Commerce & Industry Minister Shri Piyush Goyal Calls Upon Auto Component Industry To Go Global
    18th Meeting of Heads of IP Offices of BRICS Countries Held in New Delhi
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    Secretary, DFS Chairs Review Meeting on Financial and Business Performance of Public Sector General Insurance Companies (PSGICs)
    GIFT IFSC emerges as a strong and vibrant international banking hub, mobilises over $52.8 billion under RBI’s FCNR(B) Swap Facility, $11.62 bn in EC...
    Ex-CII executive Shuchita Sonalika appointed COO of Canada-India Business Council
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    After 35 years, India's sovereign rating upgraded to 'A-' by JCR on solid growth, resilient financial system
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    India draws record USD 127 bn forex deposit in special drive
    Banks mobilise USD 127.23 billion in deposits from Indian diaspora: RBI
    CBI Arrests CGST Additional Commissioner and Two others in Rs. 40 Lakh Bribery Case in Raigad, Maharashtra
    Haryana: SGST collections grow 29 pc in first 5 months of 2026-27
    Lokta Opens Its Agentic Loan Servicing Platform to NBFCs Up to Rs 100 crore, with No Platform Fee for Up to Two Years
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September 3, 2026
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NPOP-certified ethnic rice exports strengthen organic producer access to international markets through certification, traceability, and organised export production.
NPOP-certified ethnic rice exports from Tripura to Austria and the Netherlands connect local farmers and Farmer Producer Companies with international markets through organised, export-oriented production. The initiative emphasises certification, traceability, food safety and quality as requirements for access to markets for certified organic products. Buyer-seller linkages support export opportunities, while coordinated organic value-chain engagement strengthens certification and quality systems and supports producers in meeting international standards.
September 3, 2026
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Gated residential community launch combines smart-home villas, extensive lifestyle amenities and planned expansion into future residential developments.
VR LIVIN Ventures LLP launched 'THE FIRST', an 83-villa gated residential community in Madhavaram, North Chennai, which recorded sales of 20 villas during its first two launch days. The development includes smart-home villas and more than 50 lifestyle amenities, with access to nearby metro connectivity and social infrastructure. It forms part of the company's intended expansion of residential projects in Chennai and other South Indian locations.
September 3, 2026
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GST rationalisation for amusement park admissions could lower ticket prices, stimulate consumer demand, and support investment without input tax credit.
GST rationalisation for amusement park, water park and indoor entertainment admission tickets is sought through a flat 5% GST rate without Input Tax Credit. The proposed rate is intended to reduce ticket prices, improve affordability and increase customer demand in a capital-intensive tourism and entertainment sector. Many smaller and mid-sized operators report limited ability to offset GST liability through ITC. Lower taxation is projected to support facility expansion, revenue growth, new investment, employment and reinvestment in recreational services.
September 3, 2026
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Money laundering linked to hybrid ganja smuggling involves alleged illicit cross-border transfers and foreign-exchange violations.
Enforcement Directorate searches form part of a money-laundering investigation into alleged hybrid ganja smuggling from Thailand. A case under the Prevention of Money Laundering Act concerns suspected laundering of drug-trafficking proceeds and transfer of funds to Thailand through illegal channels. The inquiry also examines possible foreign-exchange violations and an alleged arrangement involving carriers, visas and funds for transporting narcotic substances.
September 3, 2026
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Foreign-currency deposit mobilisation supports currency appreciation while creating surplus-liquidity sterilisation pressures through deposit swaps in domestic banking markets.
Foreign-currency deposit mobilisation strengthened foreign-exchange liquidity and supported rupee appreciation. FCNR(B) deposits, together with overseas foreign-currency borrowings and external commercial borrowings, increased aggregate foreign-currency resources. Bank swaps of such deposits with the central bank may create surplus banking-system liquidity and a sterilisation challenge, while oil prices, global yields, dollar movements and foreign equity inflows remain relevant currency-market factors.
September 3, 2026
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Money laundering investigation examines alleged diversion of bank loans from a power project to group entities and personal use.
Money laundering investigation under the Prevention of Money Laundering Act concerns alleged diversion of bank loans obtained by Kohinoor Power for a power plant in Jharkhand. The loan proceeds were allegedly transferred to other group entities and used personally. Searches were conducted at eleven premises associated with the group's promoters, directors and auditors. The company entered liquidation proceedings before the National Company Law Tribunal, with limited recovery for creditors.
September 3, 2026
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Globalisation of auto component manufacturing is linked to trade access, resilient supply chains, technology adoption, safety, and vehicle scrappage.
The auto component industry is encouraged to expand globally through reciprocal market access, overseas manufacturing, international investment and trade partnerships. Supply-chain resilience is to be strengthened through indigenisation of vulnerable products, access to critical minerals, and domestic capacity in auto components, speciality steel, technical textiles and semiconductors. Priority is also given to high-value integrated solutions, artificial intelligence-enabled quality control, vehicle safety and industrial parks offering manufacturing infrastructure. Vehicle scrappage requires coordinated government incentives and fair industry valuation to support replacement demand for new-age vehicles.
September 3, 2026
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Updated IP cooperation guidelines strengthen cross-border innovation, patent examination coordination, traditional knowledge protection, and geographical indication commercialisation.
IP BRICS Heads adopted Updated Operational Guidelines to direct result-oriented intellectual property cooperation, promote cross-border innovation, and reinforce joint engagement in global IP standards. Priority areas include protection of traditional knowledge and traditional systems of medicine, reinforced patent examination cooperation, exchange of search results, patent analytics, and geographical indication protection and commercialisation. Coordination mechanisms and periodic progress reviews are emphasised for effective implementation and continuity of cooperation.
September 3, 2026
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Sovereign credit rating upgrade reflects resilient growth, improved fiscal expenditure quality, stronger financial systems, and a robust external position.
India's long-term foreign-currency and local-currency issuer ratings were upgraded from 'BBB+' to 'A-', with a Stable Outlook, reflecting resilient economic growth, improved fiscal expenditure quality, strengthened financial-sector soundness, and a robust external position. Fiscal improvement is linked to greater capital expenditure and lower fiscal deficit. Financial resilience is supported by improved banking and non-banking sector asset quality and capital adequacy. External strength arises from a contained current account deficit, services surplus, and foreign-exchange reserves exceeding short-term external debt.
September 3, 2026
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Public sector general insurance performance requires profitable underwriting, lower claim ratios, digitalisation, standardised monitoring, and quality grievance redressal.
Public Sector General Insurance Companies were advised to focus on profitable business lines, reduce the Incurred Claim Ratio, and accelerate technology use and digitalisation while optimising related expenditure. They are to improve insurance penetration, density, outreach and customer awareness, particularly in underserved segments, while reducing protection gaps. A robust, standardised KPI framework should enable comparable financial and non-financial performance assessment and be reviewed quarterly. Customer grievances require expeditious and quality redressal.
September 3, 2026
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Cross-border financing through GIFT-IFSC expands foreign currency mobilisation, external commercial borrowing disbursements, and international bond market access.
GIFT-IFSC's IBUs mobilised foreign-currency liquidity under the RBI's FCNR(B) deposit swap facility, with 20 IBUs sanctioning USD 54.02 billion and disbursing approximately USD 52.82 billion as at 31 August 2026. Between April and August 2026, IBUs disbursed USD 11.62 billion in External Commercial Borrowings, while Indian banks raised USD 11.12 billion through bond listings on IFSC exchanges. These activities support cross-border financing, international capital-market access and foreign-exchange inflows.
September 3, 2026
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Bilateral business council leadership appointment strengthens operational capacity to advance Canada-India economic and investment partnerships.
Operational leadership for bilateral economic engagement is strengthened through the appointment of Shuchita Sonalika as the first Chief Operating Officer of the Canada-India Business Council. The appointment is directed toward enhancing the council's capacity to support expanding investment and economic relations between Canada and India, in coordination with its board, members and partners. Sonalika brings international affairs experience in advancing India's economic partnerships across global markets.
September 3, 2026
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Regulatory certainty and compliance reforms support investment facilitation, infrastructure development, MSME credit access, and reduction of bank non-performing assets.
Regulatory certainty, ease of compliance and investment facilitation are identified as central elements of India's economic reform orientation. The Insolvency and Bankruptcy Code is included among reforms supporting regulatory certainty, reduced paperwork and easier compliance. Policy priorities include infrastructure development, artificial intelligence and data centres, credit access for MSMEs, reduction of banks' non-performing assets, fiscal discipline, and investment facilitation by central and state governments.
September 2, 2026
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Sovereign credit rating upgrade reflects resilient economic growth, fiscal quality, financial-system soundness, and external-sector resilience.
Japan Credit Rating Agency upgraded India's foreign-currency and local-currency long-term issuer ratings to A-, citing solid economic growth, strengthened growth-oriented policies and improved financial-system soundness. Improved banking asset quality, insolvency mechanisms, government capital infusion and stronger central-bank supervision support financial resilience. Fiscal quality has improved through greater infrastructure-focused capital expenditure and restraint in current spending, while a contained current-account deficit, services surplus and substantial foreign-exchange reserves support resilience to external shocks.
September 2, 2026
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Currency-market intervention and foreign capital inflows supported rupee resilience amid higher crude prices and dollar strength.
Foreign capital inflows and modest foreign institutional equity purchases supported rupee appreciation against the US dollar despite weak domestic equities, elevated crude oil prices and a stronger dollar. RBI monitoring and apparent currency-market intervention supported the rupee amid risk aversion, higher US Treasury yields and concerns over crude supply disruptions. Forthcoming US employment data remained relevant to dollar and rupee direction.
September 2, 2026
Show AI Summary
Foreign-currency non-resident deposits bolster external liquidity through hedging support and lending flexibility during global market uncertainty.
Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits are fixed-term foreign-currency deposits for non-resident Indians, with principal and interest repayable in the deposit currency and without direct rupee exchange-rate risk. A special central-bank programme mobilised substantial FCNR(B) deposits, alongside overseas foreign-currency borrowings and external commercial borrowings, to strengthen foreign-exchange liquidity. Banks received hedging-cost support and permission to lend against the deposits. The facility was closed earlier than scheduled after its mobilisation objective was met.
September 2, 2026
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Foreign currency swap facility accelerated FCNR(B) deposit window closure after substantial diaspora inflows, while borrowing windows remain open.
Special USD-INR foreign-exchange swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings was introduced to strengthen the external sector and support foreign-exchange liquidity. FCNR(B) deposits, under which principal and interest are repayable in the same foreign currency, generated the principal share of inflows. Strong diaspora participation led to advancement of the FCNR(B) window closure. The swap facility for Overseas Foreign Currency Borrowings and External Commercial Borrowings remains open until December 31, 2026.
September 2, 2026
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GST bribery allegations led to a trap operation against officials and an intermediary in a quarrying matter.
Criminal investigation concerns alleged solicitation and acceptance of an undue advantage by CGST officials in connection with settling a GST/royalty matter involving a stone-quarrying firm. The officials allegedly arranged for a private person to collect the payment. A trap operation resulted in the private person being caught while accepting the alleged undue advantage. Searches at the accused persons' premises led to recovery of cash and jewellery, while further investigation continues.
September 2, 2026
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State GST collection growth outpaced national expansion during the first five months, alongside increased VAT and CST receipts.
Haryana's SGST collections increased by 29 per cent during April-August of financial year 2026-27, exceeding the national growth rate of 16 per cent. August 2026 post-settlement SGST revenue rose by 21 per cent, compared with national average growth of 13 per cent. Haryana accounted for less than 4 per cent of national GST taxpayers but contributed approximately 7.7 per cent of aggregate national SGST, CGST and IGST collections. VAT/CST collections rose by 13.8 per cent during the same period.
September 2, 2026
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NBFC loan servicing governance retains lender control through deterministic decision rules, maker-checker controls, reconciled migration and optional AI assistance.
Lokta Next 100 offers RBI-registered NBFCs with loan books up to Rs 100 crore post-approval loan servicing, accounting, reporting, analytics, collections, recovery and partner-management functions, excluding pure-play microfinance NBFCs. Credit, approval and money decisions remain with the lender. Maker-checker approval applies to every change, and migration requires line-by-line reconciliation before cutover. Records remain lender-owned, hosted in India and exportable. AI may propose changes but cannot post to the ledger; deterministic lender-policy rules decide changes. Platform fees are deferred for up to 24 months, subject to stated loan-book thresholds.

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Customs & Trade

Dun & Bradstreet celebrates three decades of supporting MSMEs in India

September 29, 2025

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MUMBAI, India, Sept. 29, 2025 /PRNewswire/ -- Dun & Bradstreet, a leading global provider of business decisioning data and analytics, recently celebrated three decades of its operations in India. Dun & Bradstreet India is part of the 184-year-old Dun & Bradstreet Inc. that is headquartered in Jacksonville, USA. Dun & Bradstreet's Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk, reveal opportunity and drive growth. Dun & Bradstreet has been contributing to the Government of India's Atmanirbhar Abhiyaan for the past three decades. It holds India's largest MSME database with over 42 million records, and provides relevant solutions for MSMEs for visibility, sales acceleration, risk assessment, and sustainability. As part of its commitment to empowering MSMEs and strengthening India's economic ecosystem, Dun & Bradstreet India continues to play a pivotal role in policy and MSME development through strategic MoUs and collaborations. Dun & Bradstreet played a foundational role in the creation of SMERA Ratings and CIBIL, partnering with SIDBI and leading banks to establish India's first SME-focused rating agency and its pioneering credit information bureau, thereby empowering India's MSMEs by improving credit access, enhancing transparency, and building trust with lenders. Its MoUs with National Small Industries Corporation (NSIC), Small Industries Development Bank of India (SIDBI), BSE SME Exchange, Plastics Export Promotion Council (Plexconcil) and Open Network for Digital Commerce (ONDC) aim to equip MSMEs with data-driven tools for growth, credibility, and export readiness. In partnership with the West Bengal Government, Dun & Bradstreet conducted a policy impact assessment, and a study titled 'Strategy for Unlocking Export Potential for MSMEs', supporting efforts to make MSMEs export-ready and scalable. As a Credential Service Provider with ONDC, and through initiatives like the D&B–SIDBI Sustainability Perception Index and the D&B–ASSOCHAM Small Business Confidence Index, Dun & Bradstreet is driving capacity building and strategic insights. Collaborations with Small Farmers' Agri-Business Consortium (SFAC) and North-Eastern Regional Agricultural Marketing Corporation Limited (NERAMAC) further extend support to Farmer Producer Organizations in their export journey. Dun & Bradstreet's Credibility Reports and D-U-N-S Registered Solutions help MSMEs build trust with international buyers, while D&B Hoovers supports market expansion by identifying new customers and partners across borders. The D-U-N-S Registered Solution, which was launched five years ago, has helped more than 5,800 MSMEs in gaining global visibility and receiving business enquiries. Through its suite of ESG Solutions, Dun & Bradstreet has been supporting MSMEs in adopting sustainability measures for long-term growth. Dun & Bradstreet India has recently been Great Place to Work® Certified (2025-26), a recognition of its commitment to fostering a high-trust, high-performance workplace culture. To recognize the achievements of leading MSMEs in India, Dun & Bradstreet India recently hosted the Business Enterprises of Tomorrow 2025 summit on June 27, 2025, on the theme of 'Building Mighty Enterprises: Navigating the Next Frontiers of Growth'. Held in New Delhi, the summit brought together business leaders, policymakers, and thought leaders to discuss key challenges and growth opportunities for MSMEs, the need to expand market and financial access, adopt transformative technologies like AI and cybersecurity, and accelerate scale and innovation through data-driven strategies. A major highlight of the event was the launch of the exclusive Dun & Bradstreet report, 'Rethinking the Future of India's Small and Mid–Sized Businesses', which includes expert insights, success stories, and D&B's annual listings of the 'Leading SMEs of India 2025' and 'Leading Mid–Corporates of India 2025', profiling 15,000 high-performing companies from its database. The summit was privileged to have Ms. Mercy Epao, Joint Secretary (SME Division) at the Ministry of Micro, Small & Medium Enterprises, Government of India as the Guest of Honor. The summit was held in collaboration with 63 SATS Cybertech as the Title Partner, Jocata as the Presenting Partner, Life Insurance Corporation and State Bank of India participated as Co-partners, and New India Assurance as the Branding Partner. These strategic partnerships embody a shared commitment to strengthening the MSME ecosystem and fostering sustainable growth across the sector. Avinash Gupta, Managing Director & CEO – India, Dun & Bradstreet said, "India's MSMEs are not only vital to our economy but also central to its transformation. MSMEs are building the nation through their entrepreneurial spirit, resilience, digital transformation, and inclusive growth. At Dun & Bradstreet, we are committed to empowering these enterprises with the data, insights, and tools they need to expand access, embrace technology, and accelerate growth. The Business Enterprises of Tomorrow 2025 summit reflects our belief that with the right support, MSMEs can evolve into mighty enterprises that drive India's next wave of inclusive and sustainable development." The list of 2025 Award Winners at the Business Entreprises of Tomorrow Summit is given below: S. No. Category Winners Industry Awards 1 Automobiles: OEM & Components (SME) Chamundi Die Cast Private Limited 2 Automobiles: OEM & Components (Mid-Corporate) Happy Forgings Limited 3 Chemicals (Mid-Corporate) Chemspec Chemicals Private Limited 4 Chemicals (SME) Fineotex Chemical Limited 5 Clean Tech Solutions (Mid-Corporate) Waaree Renewable Technologies Limited 6 Clean Tech Solutions (SME) Oriana Power Limited 7 Defence (SME) Zen Technologies Limited 8 Digital Solutions (SME) RMSI Private Limited 9 Digital Solutions (Mid-Corporate) Inventurus Knowledge Solutions Limited 10 Engineering Services (SME) Radiant Hitech Eng. Private Limited 11 Engineering Services (Mid-Corporate) Enviro Infra Engineers Limited 12 Ferrous & Non-Ferrous Metals (SME) Anandmayee Forgings (Private) Limited 13 Food & Agro Processing (SME) Parayil Food Products Private Limited 14 Food & Agro Processing (Mid-Corporate) Asandas and Sons Private Limited 15 Health Services (Mid-Corporate) Indian Immunologicals Limited 16 Health Services (SME) Jeena Sikho Lifecare Limited 17 Information Technology Services (Mid-Corporate) SLK Software Private Limited 18 Information Technology Services (SME) Qentelli Solutions Private Limited 19 Internet Services (Mid-Corporate) Just Dial Limited 20 Light & Heavy Engineering (Mid-Corporate) KDDL Limited 21 Light & Heavy Engineering (SME) Galiakotwala Engineering Company Private Limited 22 Medical Devices (Mid-Corporate) Meril Healthcare Private Limited 23 Pharmaceuticals (SME) Agio Pharmaceuticals Limited 24 Pharmaceuticals (Mid-Corporate) AstraZeneca Pharma India Limited 25 Professional Services (Mid-Corporate) Tiger Analytics India Consulting Private Limited 26 Professional Services (SME) Symmetrics Development Services Private Limited 27 Rubber Products (Mid-Corporate) Yokohama India Private Limited Theme Based Awards 28 Atmanirbhar Abhiyan - Champion of the Year Strolar Mounting Systems Private Limited 29 Best Global Business Faze Three Limited 30 Entrepreneur of the Year Mr. Krishan Lalit Bansal, DEE Development Engineers Limited About Dun & Bradstreet: Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet's Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity. Dun & Bradstreet India is also proud to be Great Place to Work® Certified (2025-26), a recognition of its commitment to fostering a high-trust, high-performance workplace culture. For more information on Dun & Bradstreet, please visit www.dnb.com. Dun & Bradstreet Information Services India Private Limited is headquartered in Mumbai and provides clients with data-driven products and technology-driven platforms to help them take faster and more accurate decisions across finance, risk, compliance, information technology and marketing. Working towards Government of India's vision of creating an Atmanirbhar Bharat (Self-Reliant India) by supporting the Make in India initiative, Dun & Bradstreet India has a special focus on helping entrepreneurs enhance their visibility, increase their credibility, expand access to global markets, and identify potential customers & suppliers, while managing risk and opportunity. Visit www.dnb.co.in for more information. Click here for all Dun & Bradstreet India press releases. Logo: https://mma.prnewswire.com/media/2314099/5170280/DB_Logo.jpg' alt='Embedded Media' /> (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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