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    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
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    PM Modi speaks to UK counterpart Burnham
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    Delhi protesters' fingerprints collected from stones for identification via Aadhaar: BJP minister
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    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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    Favara-UPI Cross-Border Payment Corridor Goes Live Between Maldives and India
    SC upholds NCLAT order setting aside CCI's Rs 301.6-cr penalty on Grasim Industries
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    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
    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
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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.
    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.
    July 31, 2026
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    Agricultural export facilitation expands market access for late-season mangoes through farmer aggregation and direct global market linkages.
    Agricultural export facilitation enabled an air shipment of late-season Neelam and Totapuri mangoes to an international market, expanding market access and extending the mango export season. Direct sourcing through a Farmer Producer Company supported organised aggregation, quality produce, and export-oriented supply chains. Direct procurement and export market linkages enabled participating farmers to realise higher returns than conventional market channels while promoting horticultural export diversification.
    July 31, 2026
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    Cross-border digital payment integration enables real-time Favara transfers from Maldives mobile banking applications to UPI-enabled accounts in India.
    Cross-border digital payment integration between Favara and UPI enables individuals in the Maldives to make real-time person-to-person transfers to UPI-enabled bank accounts in India through mobile banking applications. Transfers are initiated in Maldivian Rufiyaa and credited in Indian Rupees. The initial service is available through participating Maldivian banks. Permitted remittances include family-maintenance transfers under foreign inward and outward remittance categories, and gift-related transfers under foreign outward remittance. Future phases are intended to introduce QR-based merchant payments and other digital payment services.
    July 31, 2026
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    Procedural Fair Hearing in competition inquiries requires notice when the Commission departs from investigative findings before imposing action.
    Competition law procedure requires the Competition Commission to notify and hear an opposite party when departing from the Director General's findings. The penalty order concerning alleged abuse of dominance in viscose staple fibre supply was set aside because Grasim Industries was not given an opportunity to respond to the Commission's disagreement with the investigative findings. The matter was remanded for fresh, time-bound consideration without a finding on the merits.

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      Congress must disclose who prevented India from mounting military response post-26/11: PM

      October 8, 2025

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      Navi Mumbai, Oct 8 (PTI) Prime Minister Narendra Modi on Wednesday attacked the Congress party demanding it disclose to the nation who prevented India from mounting a military response following the 26/11 Mumbai terror attacks, which were linked to Pakistan.

      Speaking at a function after the opening of the first phase of the Navi Mumbai International Airport (NMIA), Mumbai metro's Aqua Line and other projects, he blamed the Congress-led UPA government (2004-14) for "weakening the fight against terror," which he alleged had "paid a heavy price" on the nation.

      "A Congress leader, who has also been Union home minister, has said a country prevented India's military retaliation post-26/11 Mumbai terror attacks in 2008. The party should clarify," the PM, who is on a two-day Mumbai visit, said.

      Modi was referring to comments made by former Union Home Minister P. Chidambaram, who had himself been in favour of taking military action against Pakistan but pointed out that the UPA government went for diplomatic action, under some pressure from world powers, including America, not to initiate a war. The PM did not mention Chidambaram's name during his address.

      Modi highlighted Mumbai as the financial hub and cosmopolitan city, which has been repeatedly a victim of terror attacks, such as the November 2008 assault by ten well-armed terrorists from Pakistan, which claimed 166 lives, including that of foreign nationals.

      Continuing to target the Congress, Modi alleged the weakness of the grand old party to firmly combat terror made the hands of the terrorists stronger and asserted the country has the right to know who prevented India from proceeding with a military response after the 26/11 attacks.

      "If a top Congress leader, who has been a Union minister, is to be believed, the then UPA government buckled under pressure of a foreign country against attacking Pakistan even though our defence forces were ready and the mood of the nation was to strike (the neighbouring country)," the PM asserted.

      In contrast, Modi maintained that today's India provides a "befitting response to terror attacks and strikes by entering inside the home of enemies." He referred to 'Operation Sindoor' launched against terror hubs following the Pahalgam massacre and said "for us, nothing is more important than the safety and security of our nation and its citizens." Beyond national security, the PM highlighted the new infrastructure as a symbol of 'Viksit Bharat' (Developed India).

      "For us, national policy is the base for politics," he said, adding for the government, every rupee spent on infrastructure is a means to enhance citizens' convenience and capability.

      He contrasted this with a political stream in the country that prioritises power over public welfare and said such individuals obstruct development work and derail projects through scams and corruption.

      Taking a jab at the Maharashtra opposition bloc MVA, he said NMIA had been delayed due to "hurdles in development" and "rampant corruption" under the previous state regime.

      "This (creating hurdles in development) is no less than committing a sin," he said.

      "Gati" (speed) and "Pragati" (development) are the hallmarks of Viksit Bharat where people's welfare is the topmost priority, he said, adding that for the last 11 years, work has been happening in this direction.

      Be it the Vande Bharat trains, expediting the bullet train project, new highways and expressways linking new cities, tunnels, and sea bridges, speed and development can be seen in the country, Modi said, adding the new airport, with the shape of a lotus, is a glimpse of Viksit Bharat.

      The airport is situated on the land of Shivaji Maharaj and it is a symbol of culture and prosperity, Modi said, adding farmers and fisherfolk can get access to global markets because of the airport.

      The PM remarked this new airport will connect Maharashtra’s farmers to supermarkets in Europe and West Asia, enabling fresh produce, fruits, vegetables, and fishery products to reach global markets swiftly besides reducing export costs for nearby small and medium industries that will give a boost to their investment and lead them to establish new enterprises.

      Modi recalled his vision of 2014 when he took over as PM and said he always wanted that even those wearing 'hawaii' chappals (slippers) should be able to travel by air.

      To realize this dream, it was essential to build new airports across the country, he said, adding the Centre took this mission seriously and, over the past 11 years, new airports have been constructed one after another.

      The PM said in 2014, there were 74 airports in the country, and now there are more than 160 airports and added India has become the third-largest domestic aviation market in the world.

      Pointing out that as the number of aircraft increases, the demand for maintenance and repair operations also rises, Modi highlighted India is developing new facilities domestically to meet this need.

      The goal is to establish India as a major MRO (Maintenance, Repair, and Overhaul) hub by the end of this decade, he noted and added this initiative is also creating numerous new employment opportunities for youth.

      "India is the youngest country in the world, and its strength lies in its youth," he said emphasising that every government policy is focused on creating maximum employment opportunities for young people.

      He said efforts are underway to integrate all modes of transport to ensure seamless travel, eliminating the need for commuters to switch modes with difficulty.

      India is progressing towards the vision of 'One Nation, One Mobility', he said, adding the Mumbai One App is another step in this direction, enabling citizens to avoid long queues for tickets.

      "With this app, a single ticket can be used across local trains, buses, metros, and taxis," he said.

      Modi said with the new international airport and the underground metro, the metropolis will be Asia's largest connectivity hub with seamless travel and connectivity due to the Mumbai One app.

      The Prime Minister congratulated the workers and engineers who constructed the 33.5-km-long underground metro in Mumbai while keeping the heritage buildings secure.

      He announced the new airport will be named after Loknete D B Patil, a popular local politician and social activist, and recalled his contribution for the welfare of farmers.

      Modi underscored that empowering the poor, the neo-middle class, and the middle class is a "national priority," asserting their collective strength makes the nation stronger.

      The PM highlighted that recent "next-generation reforms in GST" have made several goods more affordable, which has boosted people's purchasing power.

      Citing market data, he said the recent Navratri season broke multi-year sale figures, with a record number of people buying consumer goods such as scooters, motorbikes, TVs, and washing machines.

      Modi issued a strong call to the nation to embrace indigenously made goods and urged everyone to adopt the mantra, "this is Swadeshi," ensuring it resonates in everywhere.

      Concluding his remarks, the PM praised Maharashtra's role in accelerating India's development and affirmed the governments at both the Centre and state levels will continue to work tirelessly to enhance the capabilities of every town and village.

      The event was attended by dignitaries including Maharashtra Governor Acharya Devvrat, CM Devendra Fadnavis, Union ministers, and Japan's Ambassador to India Keiichi Ono. PTI PTI IAS MR VT SKL RSY

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