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    CBN dismantles inter-state counterfeit drug network in Bihar under Operation Vajra; mastermind arrested
    DRI seizes quantities of gold; drugs, e-cigarettes and other contraband in pan-India Ops; 20 persons, including 5 foreign nationals, arrested
    Union Government releases tax devolution of ₹1,09,019 crore to State Governments, as one advance instalment to accelerate their capital and deve...
    Raymond Lifestyle Limited Delivered a stable Q1 FY27 Performance
    Rupee rises 31 paise to 95.12 against US dollar in early trade
    Customs seizes 8 kg gold worth over Rs 11 cr at Kerala airports in one week
    Drill, Baby, Drill: India to fund Rs 650 cr per well for 60 deepsea wells to break its oil import habit
    Punjab GST revenue rises 20 pc to Rs 10,447 crore in April-July: Cheema
    India-China trade through Shipli La resumes after six years
    Odisha's export can reach USD 50 billion by FY 2029-30: Study
    Andhra records 21 per cent growth in net GST collections till July
    J&K crime branch chargesheets accused in separate bank, insurance fraud cases
    MCD-facilitated PM Vishwakarma Scheme enrols over 41,000 artisans in Delhi
    Gross GST mop-up grows 15.4 pc to over Rs 2.11 lakh cr in July on higher imports, sales
    Gross and Net GST revenue collections for the month of July, 2026
    India and Rwanda Hold First Joint Trade Committee Meeting to Deepen Bilateral Trade and Investment Cooperation
    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
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    August 3, 2026
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    Counterfeit drug enforcement targets illicit manufacture, storage and trafficking networks, with coordinated seizures and referral of non-narcotic stock.
    Counterfeit-drug enforcement under Operation Vajra addressed an inter-state network involved in the illicit manufacture, storage and distribution of narcotic drugs, psychotropic substances and spurious pharmaceutical products. Searches of unregistered godowns recovered narcotic products, unauthorisedly manufactured Buprenorphine injection ampoules, and counterfeit non-NDPS medicines. A farmhouse-based illicit manufacturing facility was dismantled, with machinery, chemicals and related materials seized under the NDPS Act, 1985.
    August 3, 2026
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    Anti-smuggling enforcement targets concealed gold, narcotics, protected products, prohibited e-cigarettes and restricted imports through coordinated intelligence operations.
    Intelligence-led anti-smuggling operations resulted in seizures of foreign-origin gold, narcotic drugs, hydroponic weed, protected wildlife and forest products, prohibited electronic cigarettes, and restricted poppy seeds and areca nuts. The operations identified concealment through fabricated baggage cavities, false cargo declarations, misdeclaration of origin, forged documentation, and concealment in transport vehicles. Poppy seeds are restricted under the Foreign Trade Policy and may be imported only subject to conditions concerning legally cultivated produce from designated countries and registration of import contracts with the Narcotics Commissioner.
    August 3, 2026
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    Tax devolution advance instalment strengthens State finances for accelerated capital and developmental expenditure through distribution of Union tax proceeds.
    Tax devolution was released to State Governments as an additional advance instalment alongside the normal monthly devolution schedule. The fiscal transfer shares net proceeds of Union taxes and duties with States, with the stated purpose of strengthening State finances and supporting accelerated capital and developmental expenditure. The release includes a State-wise distribution of tax-devolution proceeds.
    August 3, 2026
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    Financial performance reporting highlights revenue and EBITDA growth, garmenting recovery, retail optimisation, ESG commitments, and forward-looking risk disclosures.
    Financial performance reflects growth in total income and EBITDA, with improved margin, reduced net working-capital days, and a net-cash position. Branded textiles and high-value cotton shirting reported lower revenue due to the prior-year base effect, while branded apparel grew but faced lower margin from channel mix. Garmenting improved through order-book execution, tariff rationalisation, and new global clients. ESG priorities include female representation, waste-management initiatives, renewable energy, emissions reduction, and workplace safety. Forward-looking statements remain subject to regulatory, political, economic, and technological risks.
    August 3, 2026
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    Foreign exchange market support strengthens the rupee as lower crude prices, portfolio inflows and reserve growth improve sentiment.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar, attributed to lower global crude oil prices, a weaker dollar, sustained foreign portfolio inflows, higher foreign exchange reserves, and Reserve Bank of India presence in the foreign exchange market. Domestic equity market gains and net foreign institutional equity purchases were also identified as supporting factors.
    August 2, 2026
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    Gold smuggling detection targets sophisticated concealment methods through strengthened passenger profiling, intelligence gathering and coordinated investigations into organised networks.
    Gold smuggling detection at Kerala airports led to multiple seizures, registration of cases and arrests in alleged smuggling attempts. Organised networks reportedly use gold in paste or compound forms concealed in clothing, body cavities, aircraft seats and other unconventional locations. Enforcement measures include strengthened passenger profiling, intelligence gathering and inter-agency coordination, while investigations continue to identify associated syndicates and financiers.
    August 2, 2026
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    Offshore exploration funding supports deepwater drilling, shared infrastructure and seismic data to strengthen domestic hydrocarbon production potential.
    The Samudra Manthan National Offshore Exploration Scheme provides direct budgetary support for high-risk deepwater and ultra-deepwater exploratory drilling, subject to cost-sharing and per-well limits. Support is available to eligible operators holding or securing exploration acreage. The scheme also funds offshore data acquisition and shared subsea, receipt and processing infrastructure through a Common Hub Infrastructure model. It is intended to promote risk exploration, improve commercialisation of offshore discoveries and strengthen domestic hydrocarbon production potential within the existing exploration and licensing framework.
    August 1, 2026
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    GST compliance enforcement combines taxpayer refunds, analytics-based fraud detection, cancellation of fake registrations, and recovery of outstanding VAT arrears.
    Punjab attributed increased GST collections to voluntary compliance, intelligence-based enforcement and technology-driven tax administration, while facilitating compliant taxpayers through timely GST refunds. Data analytics, risk profiling and field verification were used to identify tax evasion, bogus billing, fake input tax credit networks and misuse of the GST registration framework. Measures included penalties, cancellation of fraudulent registrations and recovery of long-pending VAT arrears through attachment and auction of defaulters' properties.
    August 1, 2026
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    Cross-border barter trade resumes through Shipki La, subject to permitted goods, time limits, and import-export compliance requirements.
    Cross-border barter trade through Shipki La between India and Tibet resumed after a six-year interruption. Traders may exchange specified goods under a barter arrangement and must return within 72 hours. Traders are required to comply strictly with import-export regulations prescribed by the Union Ministry of Commerce, emphasising transparency and regulatory compliance. Expansion of permitted goods may be pursued through prescribed governmental and external-affairs channels.
    August 1, 2026
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    Export growth projections outline pathways for Odisha to expand merchandise trade through export diversification, MSME support and financing initiatives.
    Export growth projections for Odisha set out base, optimistic and ambitious scenarios through FY 2029-30, based respectively on historical growth, envisaged national export growth, and a larger share of national exports. Odisha's export basket remains concentrated in metals and minerals, led by aluminium products, with China as the principal export destination. Odisha Vision 2047 identifies exports, including MSME contributions, as an economic transformation driver, while export-financing and risk-mitigation initiatives aim to address financing gaps for exporters and MSMEs.
    August 1, 2026
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.

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      Yellow Plate Dialogues 2025: Driving India's Shared Mobility Revolution

      September 30, 2025

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      New Delhi, Delhi, India (NewsVoir) As part of a pioneering initiative, World Auto Forum (WAF) recently organised The Yellow Plate Dialogues (YPD), brought together leaders from top fleet companies, Heads of Transporters Associations, Auto OEMs, Dealer Groups & Tech Cos toe-commerce leaders, IT corporates, auto OEMs, and dealer groups to Co-Create the Shared Vision for Shared Mobility.

      The program instantly became a melting pot of insights, strategies, and actionable solutions to transform India’s mobility ecosystem.

      WAF is thankful to the Yellow Plate Dialogues partners, whose support was instrumental in making the program a success: Powered By: Skoda Auto India Gold OEM Partners: JSW MG Motor India | Volkswagen India Gold Partners: Gallops Group | Madhus Garage Equipment | Nippon Paint India Partners: Global Assure | CarPhD.com In his Welcome Keynote, Anuj Guglani, Founder & CEO of WAF Group, set the tone for the day, “Shared mobility is about shared responsibility and shared progress. When all stakeholders unite, we don’t just discuss the future - we build it. Better suited & safer vehicles, Drivers’ welfare, group insurance schemes for their families, good education for their children, ease of doing business, safer roads and we can have a thriving ecosystem of Win-Win!” Vishal Bhat, Head of Sales, Skoda Auto India, said, "At Skoda, we are committed to empowering fleet operators with vehicles that combine safety, efficiency, and connected technologies. Our aim is to support sustainable growth while enhancing the overall mobility experience for drivers and passengers alike." The YPD program featured two forward-looking Power Panel Discussions and an insightful Keynote Session, led by some of the industry’s most respected leaders.

      The first Power Panel at Yellow Plate Dialogues focused on “Main Challenges & Opportunities in Fleet Business – Ease of Doing Business, Compliances, Road Safety, Changing Vehicle Technology, and IT Systems”. The session examined the Current Situation, Desirable Scenario, and practical, sustainable solutions to create a win-win ecosystem for all stakeholders.

      The distinguished panel featured top industry leaders: • Rajiv Vij, Chairman - Carzonrent • Pravesh Dangi, Lead-Corporate Sales - Skoda CPO & Allied Business • Karun Gupta, Head of Fleet Sales - JSW MG Motor India • Mr Bikash Madan, CEO - WTI Cabs • Anil Chhikara, Former Deputy Commissioner - Transport, Govt of NCT of Delhi • Kapil Sharma, COO - Evera Cabs • Anuj Guglani, Founder & CEO - WAF Group (Session Chair) The discussion highlighted the key challenges facing the fleet industry, including: • Infrastructure gaps such as lack of parking and EV charging facilities, causing inefficiencies for drivers and operators.

      • Financing hurdles and resale uncertainties for electric vehicles, creating barriers to wider EV adoption.

      • Regulatory complexities surrounding yellow plate identification and compliance, calling for reforms to simplify operations and improve safety.

      Karun Gupta, Head of Fleet Sales - JSW MG Motor India, emphasizes, “The electrification of the fleet in India is accelerating, fuelled by a growing commitment among corporates to reduce their carbon footprint. This shift presents an opportunity for us to empower fleet operators with our reliable and proven electric vehicles (EVs), backed by tailor-made solutions that enhance efficiency, safety, and profitability.” Panelists also shared practical strategies and emerging opportunities, including: • Deployment of technology-driven solutions like connected cars, fleet management software, and real-time telemetry to improve operational efficiency.

      • Adoption of asset-light business models, leveraging aggregators and partnerships to optimize fleet utilization.

      • Strategies for corporate and B2B fleet growth, including meeting ESG targets through EV adoption and enhancing customer service standards.

      Watch Session on WAF TV here: worldautoforum.com/video/yellow-plate-dialogues-power-panel-1-challenges-opportunities-in-fleet-business The session underscored that collaboration among policymakers, OEMs, fleet operators, insurers, and technology providers is critical to build a resilient, efficient, and sustainable mobility ecosystem.

      At Yellow Plate Dialogues – Keynote Session, Pravesh Dangi, Lead – Corporate Sales, Skoda CPO & Allied Business, shared Skoda’s vision to become a trusted mobility partner for fleet operators. He emphasized the brand’s fuel-efficient German engineering, 5-star safety standards, and tailored maintenance and warranty packages, designed to enhance operational efficiency and reliability.

      Pravesh also highlighted Skoda’s connected technologies and growing presence across 200+ cities, providing fleet operators with a premium, seamless experience for both drivers and passengers, while supporting a sustainable and efficient mobility ecosystem.

      "Fleet operations today require smart, scalable solutions. By leveraging connected technologies, we enable operators to transform operational challenges into profitable opportunities," said Tanuj Pugalia, Managing Director, Gallops Group.

      "At Madhus Garage Equipment, we are committed to empowering fleets and drivers with the knowledge and tools for better road performance. We believe that regular wheel alignment and wheel balancing aren’t just maintenance checks - they are essential practices that help fleet operators and vehicle owners run their vehicles reliably, efficiently, and sustainably," said Nikhil B, Managing Director, Madhus Garage Equipment.

      The second Power Panel at Yellow Plate Dialogues explored the theme: “Success Sutras of Fleet Business – Maximizing Profitability, Customer Acquisition, Satisfaction, and Retention across Internal and External Operations, ETS, Car Rental, Vehicle Lease, and Subscription Models.” The power panel brought together leading industry experts and fleet business pioneers, including: • Satish Sehrawat, Owner, Ten Travels & President, ITTA • Rajesh Loomba, Chairman, Eco Mobility • Sandeep Gambhir, CEO, Vertelo • Hari Kaushik, CEO, WTI Fleet Pro • Sachin Punni, Director, Volercars • Anuj Guglani, Founder & CEO - WAF Group (Session Chair) The discussion centered on strategies to drive growth and operational excellence in a rapidly evolving mobility ecosystem. Key insights included: • Profitability enhancement through optimized fleet utilization, cost-effective operations, and innovative business models such as vehicle leasing and subscription services.

      • Customer acquisition and retention strategies, emphasizing superior service delivery, technology integration, and personalized experiences for both B2B and B2C clients.

      • Operational best practices, including digital tools, telematics, and fleet management systems to improve efficiency, reduce downtime, and enhance driver and passenger satisfaction.

      • Market expansion opportunities across traditional car rentals, emerging EV fleets, and corporate leasing solutions, highlighting how adaptability and innovation are critical for long-term success.​ Panelists emphasized the importance of collaboration between fleet operators, OEMs, technology providers, and policy stakeholders to create a resilient, scalable, and sustainable fleet ecosystem.

      The session concluded with a consensus that fleet businesses that combine operational excellence, customer-centric strategies, and innovative mobility solutions will emerge as leaders in India’s evolving shared mobility landscape.

      Valedictory & Vote of Thanks The summit concluded with recognition of partners and associates who contributed to the success of YPD 2025. Delivering the Vote of Thanks, Anuj Guglani expressed gratitude to panelists, partners, and stakeholders, noting, “The first edition of Yellow Plate Dialogues has laid the foundation for a collaborative, resilient, and sustainable shared mobility ecosystem for India. It is heartening to see the leaders from the Fleet Cos & Auto Makers already requesting for the next edition of Yellow Plate Dialogues!” Yellow Plate Dialogues | Power Panel 1 – Challenges & Opportunities in Fleet Business: www.youtube.com/watch?v=8cUwnb2wgAA About WAF World Auto Forum (WAF) is a global Auto & Mobility Think Tank with community members across 125 countries. It serves as a platform where Chairpersons and CXOs engage as actively as interns and young professionals, making it one of the most inclusive industry networks worldwide.

      WAF Auto News is ranked the world’s No. 1 in Auto News, Auto Awards, and Auto Think Tank ( just try and Google once!), while WAF TV, its digital broadcasting arm, hosts around a thousand industry videos and dialogues.

      WAF also curates widely respected programs including 13th WAF Awards, 11th IVASS by WAF, Yellow Plate Dialogues, and CXO Roundtables — platforms where top leaders of the auto and mobility ecosystem turn meaningful conversations into impactful action.

      11th IVASS - India Vehicle After Sales Summit - The Place where top After Sales Service Leaders, their teams, Dealers and Suppliers meet each year! It shall be on 13th Dec, 2025, Holiday Inn Aerocity, New Delhi. The Second Sat of Dec each year is IVASS Day! For more information, please contact: Sheenu Kamra, [email protected], 9810714455 Anuj Guglani, [email protected] Follow Us at #yellowplatedialogues, #YellowPlate, #YPD, #waftv, #WafAnnualPartner, #IVASS Official WAF Site: worldautoforum.com YPD 2025 Pics: www.facebook.com/media/set/?set=a.1254193576719673&type=3 YPD Session Videos at WAF TV: worldautoforum.com/waf-tv (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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