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    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
    Department of Commerce Holds Workshop on Trade and Sustainable Development Policy Landscape
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    GST collection growth in West Bengal continued year-on-year in July but remained below the national growth trend.
    West Bengal's July GST collection increased year-on-year and over the preceding month, marking a second consecutive month of annual growth. Official data also indicated that the State's annual growth rate was below the national trend, while gross domestic GST revenue excluding imports and overall gross GST collections including import-related taxes rose nationally during July.
    August 1, 2026
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    GST collection growth reflects higher revenue mobilisation from domestic transactions and imports, with refunds adjusted in net revenue.
    Goods and Services Tax collections increased in July, driven by higher revenue from domestic transactions and imports. The gross collection comprised Central GST, State GST and Integrated GST components. Refunds also increased during the month, and net GST revenue was determined after adjustment of refund outflows from gross tax receipts.
    August 1, 2026
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    Concessional foreign-exchange swaps encourage bank deposits and foreign borrowings to strengthen balance-of-payments resilience and foreign-exchange liquidity.
    The Reserve Bank of India introduced a concessional foreign-exchange swap facility to encourage foreign-currency inflows, strengthen the balance of payments and support foreign-exchange liquidity. The facility applies to fresh Foreign Currency Non-Resident (Bank) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings. Foreign Currency Non-Resident (Bank) deposits constitute the principal source of inflows mobilised under the arrangement. The facility is available for specified time-bound periods, with a later availability period for Overseas Foreign Currency Borrowings and External Commercial Borrowings.
    August 1, 2026
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    Unauthorised pledge of listed-company land triggered securities-market bars for disclosure failures and misuse of management authority.
    Unauthorised pledge of ZEEL's Hyderabad land as security for loans obtained by promoter-linked entities was treated as a related-party transaction lacking prior audit committee approval. ZEEL failed to disclose the land's deployment in its financial statements. Its Chairman Emeritus was stated to have transferred title deeds by falsely representing management approval and to have concealed the transaction's nature. Securities-market prohibitions and monetary penalties were imposed with immediate effect.
    August 1, 2026
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    Trade and sustainable development policy integrates carbon regulation, sustainability standards and domestic frameworks to strengthen trade competitiveness and preparedness.
    Trade and Sustainable Development policy was examined in relation to international trade disciplines, sustainability regulation and India's trade strategy. Discussions considered carbon markets, carbon pricing, carbon border adjustment measures, sustainability standards and regulatory cooperation, and their implications for trade and industrial competitiveness. Domestic mechanisms, including the Carbon Credit Trading Scheme, Indian Carbon Market, Extended Producer Responsibility framework, and accreditation and conformity assessment systems, were considered for strengthening preparedness for emerging sustainability-related trade disciplines.

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      Prime Minister Narendra Modi Visits Mitti Café at Adani’s Navi Mumbai International Airport (NMIA), Celebrating Inclusion and Empowerment

      October 13, 2025

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      Navi Mumbai (Maharashtra) [India], October 11: In a landmark moment celebrating India’s commitment to inclusion and dignity, Prime Minister Shri Narendra Modi visited Mitti Café during the inauguration of the Navi Mumbai International Airport, an initiative led by the Adani Group under the visionary leadership of Shri Jeet Adani, CEO of Adani Airports. The Prime Minister spent meaningful time with employees of Mitti Café—individuals with physical, intellectual, and psychiatric disabilities—acknowledging their skill, professionalism, and contribution to India’s growing movement for disability inclusion. The visit underscored a powerful message: that the strength of a nation is defined not just by its infrastructure but by how it empowers every citizen to participate with dignity and pride. The inauguration ceremony, attended by Governor Shri Acharya Devvrat, Chief Minister Shri Devendra Fadnavis, Deputy Chief Ministers Shri Eknath Shinde and Shri Ajit Pawar, Union Civil Aviation Minister Shri Kinjarapu Ram Mohan Naidu, Union Minister of State for Civil Aviation Murlidhar Mohol, saw Prime Minister Shri Narendra Modi personally greet Mitti Café’s team members and learn about their work across India’s airports and institutions. A Vision for Inclusive Growth Founded by Alina Alam, Mitti Café is a nationally and internationally recognized social enterprise that provides meaningful employment and livelihood opportunities to adults with physical, intellectual, and psychiatric disabilities. Established around 2015, the organization operates cafés across India, making it the world’s largest chain of cafés run entirely by persons with disabilities. At the Navi Mumbai International Airport, the café serves not only as a hospitality space but as a living symbol of inclusion in action. Under the Adani Group’s corporate social responsibility (CSR) framework, Mitti Café has partnered with Adani Airports, headed by Shri Jeet Adani, to create inclusive workplaces that reflect empathy, equity, and empowerment. The Jeet Adani’s support of Mitti Café aligns with India’s broader vision of accessible infrastructure and equal opportunity, complementing national efforts to make airports not only gateways of progress but also symbols of compassion and diversity. Prime Minister’s Endorsement of Dignity Through Work During his visit, Prime Minister Shri Narendra Modi expressed happiness and encouragement after interacting with the café’s team members, many of whom have overcome significant personal and social challenges to build livelihoods with dignity. For the team, the moment was emotional and historic. Alina Alam, Founder and CEO of Mitti Café, shared: “The Prime Minister is a visionary, and by coining the term Divyangjan, he has created opportunities of respect, dignity, and empowerment for persons with disabilities across India. Our team was extremely excited to meet him. We thank the Adani Group and Jeet Adani for their vision in ensuring that persons with disabilities have space and opportunities across all their airports.” The Prime Minister’s engagement at Mitti Café stands as a reaffirmation of India’s inclusive policy framework and his administration’s ongoing emphasis on empowering Divyangjan through education, employment, and entrepreneurship. Global Recognition and a Movement for Inclusion Over the years, Mitti Café has gained national and international acclaim for demonstrating that employment for persons with disabilities can be both sustainable and impactful. The organization operates in partnership with public and private institutions, integrating disability inclusion into mainstream corporate and public ecosystems. Its work has been endorsed by a distinguished list of leaders, including: • President Droupadi Murmu inaugurated Mitti Cafés at Rashtrapati Bhawan and Rashtrapati Nilayam. • Speaker Om Birla visited the Mitti Café at Hansraj College. • Chief Justice of India D.Y. Chandrachud inaugurated the Mitti Café at the Supreme Court of India. • Defence Minister Rajnath Singh inaugurated Mitti Café at Lucknow International Airport. • German Chancellor Olaf Scholz visited Mitti Café at the India Coffee Board. • Jeet Adani, CEO of Adani Airports, inaugurated the Mumbai International Airport outlet. • Gautam Adani, Chairman of Adani Group, personally praised Mitti Café’s efforts. • Narayan Murthy, Founder of Infosys, commended Mitti Café’s work on Doordarshan. • Prem Watsa, Chairman of Fairfax Holdings, inaugurated a Mitti Café at Bangalore International Airport. • Azim Premji, Founder of Wipro, has publicly lauded the organisation’s mission. These endorsements demonstrate that disability inclusion is no longer a charitable act—it is a core principle of modern corporate social responsibility and an essential pillar of equitable economic growth. Recognition and Awards Mitti Café’s journey has been marked by consistent national and international recognition for its pioneering work in disability inclusion, social entrepreneurship, and sustainable employment. The organisation has been honored with the National Award for Empowerment of Persons with Disabilities by the Honorable President of India, the United Nations Intercultural Innovation Award, and the NITI Aayog Women Transforming India Award. Its founder, Alina Alam, has been celebrated as a Commonwealth Youth Icon and has received the CNBC–Social Entrepreneur of the Year Award, the Indian Express Stree Shakti Award, and the Frontier Awards at Cannes. The organisation’s commitment to inclusion has also been recognised through the NCPEDP Helen Keller Award, Assocham Best Employer for Persons with Disabilities Award, FICCI Flo Best Social Innovation Award, and the CII Annual Business Summit Award for Best Social Enterprise. Mitti Café and its founder have received multiple honors, including the Young Achievers Award, Deccan Herald Changemakers, EKAM Award, Nina Sibal Memorial Award, Pinnacle Award, and the Women Entrepreneur of the Year – BLR HiFliers Award. Alina Alam has been a four-time TEDx speaker and featured in Forbes 30 Under 30 Asia, further amplifying the organisation’s global impact. Mitti Café’s innovative work has been recognised by the Entrepreneur Challenge at Dell and CNBC-TV18, the F&B Virtuoso Awards, and the 4th Healthcare Heroes Conclave Award. In recent years, the organisation’s contributions have received continued support from national leaders — President Droupadi Murmu inaugurated two Mitti Cafés at Rashtrapati Bhawan in 2024 and 2025; Chief Justice of India D.Y. Chandrachud inaugurated the café at the Supreme Court of India in 2023; and Infosys Co-founder Narayana Murthy endorsed Mitti Café’s mission on national television. The Adani Group’s Leadership in Social Impact The Adani Group’s partnership with Mitti Café is part of its broader CSR commitment to sustainable business and inclusive development. Under Jeet Adani’s leadership, the Group has been integrating accessibility and community engagement into the design and operation of its airports. The Navi Mumbai International Airport, envisioned as one of the most advanced in the Asia-Pacific region, features design elements that make it accessible to all travellers, including those with reduced mobility. By integrating a café run by people with disabilities into the airport’s central public area, the Adani Group demonstrates how corporate partnerships can drive inclusive employment and positive social transformation. Jeet Adani’s involvement extends beyond infrastructure; it reflects a belief that business success and social equity can co-exist. The presence of Mitti Café at the new airport sends a message to travelers from across the world that India’s airports are not only world-class in technology and efficiency but also in humanity. Stories of Strength and Skill Mitti Café’s employees, referred to as “changemakers,” represent diverse forms of ability. Many have hearing impairments, intellectual disabilities, or physical challenges, yet serve thousands of customers daily with precision and professionalism. At the Navi Mumbai International Airport, the upcoming Mitti Café outlet is poised to welcome travellers with a warm and inclusive atmosphere. The café will be operated by a team of individuals with disabilities, trained to deliver the same efficiency, service excellence, and hospitality standards as any leading corporate café chain. The initiative aims to demonstrate that skill and capability are universal when provided with the right platform. Each café under the Mitti banner not only generates employment but also raises awareness about inclusion, inviting patrons to rethink disability from a lens of strength and potential rather than limitation. A Broader Mission: Empowerment Through Enterprise Since its inception, Mitti Café has trained and employed over 6,000 adults with disabilities, serving millions of customers across airports, universities, corporate campuses, and public institutions. Through its cafés, training centers, and awareness programs, the organization works to bridge the opportunity gap for persons with disabilities in India’s workforce. Its scalable model has inspired similar initiatives in other countries and has been featured in multiple global forums for inclusive employment and social entrepreneurship. The organization’s impact metrics are telling • Over 6,000 persons with disabilities trained and employed. • Operations in more than 100 locations across India. • Partnerships with public institutions, Fortune 500 companies, and government entities. • Recognition by national media and international bodies for innovation in inclusion. • Over 21 million meals and beverages served by people with disabilities to date. Mitti Café’s model is based on a simple but transformative idea — that economic independence is the foundation of dignity. By creating self-sustaining cafés and enterprises run by people with disabilities, the organization has proven that inclusion is not just possible, but profitable and scalable. The Power of Example The Prime Minister’s visit amplifies what Mitti Café has long represented: a movement from sympathy to respect, from charity to opportunity. In India’s evolving landscape of corporate social responsibility, initiatives like Mitti Café demonstrate how private enterprise and government leadership can converge to create meaningful impact. When national infrastructure projects such as airports become inclusive, they not only connect cities but also hearts — symbolizing unity through equality. As Alina Alam reflected after the event: “We have always believed that inclusion is not an act of kindness but of justice. The Prime Minister’s encouragement and Jeet Adani’s support remind us that true progress is inclusive progress.” A Defining Moment for Disability Inclusion in India The day at Navi Mumbai International Airport will be remembered not only for its architectural marvel but for the humanity that filled its halls. As cameras captured the Prime Minister smiling and interacting with team members at Mitti Café, millions witnessed a narrative of empowerment unfold in real time. The symbolism was clear: India’s next era of growth will be built not just on economic strength but on compassion and inclusion. Mitti Café’s presence at the airport stands as a living example of how public-private collaboration can redefine accessibility, equality, and opportunity in the world’s largest democracy. About Mitti Café Mitti Café is a non-profit social enterprise providing meaningful employment, livelihood opportunities, and training for adults with physical, intellectual, and psychiatric disabilities. Founded by Alina Alam, the organisation has grown into the world’s largest chain of cafés run by persons with disabilities, operating across airports, government institutions, universities, and corporate campuses. Through its mission of inclusion and empowerment, Mitti Café aims to change perceptions of disability and create a society where every individual is recognised for their abilities. The organisation’s work has been recognised with several national and international awards and supported by global leaders, corporations, and public institutions. For more information, visit www.mitticafe.org. (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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