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    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
    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
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    Closely monitoring: India on US bill seeking up to 100 % tariffs on purchasers of Russian oil
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    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
    Show AI Summary
    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.

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      Cisco and Social Alpha launch Krishi Mangal 3.0: Accelerator Program to support and scale 7 new-age Agri-tech startups

      October 16, 2025

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      • Selected startups to receive support across product development and market deployment • Program will offer milestone-based non-dilutive funding of up to INR 50 lakhs for field implementation and access to additional funding of up to INR 2 crores for scale-up • Beyond funding, startups to receive lab, capacity building and business advisory support New Delhi, October 16, 2025: Cisco India CSR and Social Alpha, India’s leading venture development platform for science and technology startups, today announced the launch of Krishi Mangal 3.0, the third edition of their flagship accelerator program for farmer-centric innovations. The latest edition of Krishi Mangal will scale seven startups that are harnessing the power of artificial intelligence, IoT, robotics, and renewables to address soil degradation, water management, farm mechanisation, post-harvest losses, and supply chain inefficiencies. With its emphasis on climate resilience and income security, Krishi Mangal 3.0 is designed to empower farmers with solutions that drive higher productivity and profitability while safeguarding the long-term viability of agricultural and allied practices. The accelerator program will support the selected startups with deployment focused milestone-based funding and scale-up opportunities. Each startup will deploy its solution with farmers and grassroots partners, backed by non-dilutive funding of up to INR 50 lakhs. The startups will have the opportunity to scale across multiple states with access to more than 200,000 farmers and 150 farmer producer organisations (FPOs) and have an opportunity to access an additional non-dilutive funding of up to INR 2 crores facilitated by Social Alpha. They will also have the opportunity to access seed investment from Social Alpha and its partners, subject to due diligence. Startups will also benefit from tailored business planning as well as access to Social Alpha Labs for product design, prototyping, and manufacturing support. The seven pioneering startups of the latest edition include: • Ekosight Technologies Pvt Ltd, through its Soil Doctor Clinic, acts as a local knowledge hub that geotags farms, tests soil, and provides season-long crop advisory. Its portable device tests 16 key soil parameters with over 95% accuracy, generating instant digital reports stored in the cloud. By combining geotagged data with satellite imagery and AI, the solution tracks crop health, identifies nutrient gaps, and guides fertilization strategies. • ArkaShine Innovations Pvt Ltd is advancing soil health management with AI-enabled, portable “Point-of-Care” devices that assess physical, chemical, and biological soil properties. Integrated with a digital dashboard, the solution delivers fertilizer and crop recommendations tailored to soil health and microclimatic conditions. By offering soil-specific nutrient guidance and advising on suitable cropping patterns, ArkaShine empowers farmers to improve yields and soil resilience. • Terracroft Agritech Pvt Ltd has developed KrishiBOT, a smart, battery-operated farm robot designed for inclusive and sustainable farming. Built for gender-neutral operation, KrishiBOT reduces physical strain, especially for women and elderly farmers. It supports line sowing and intercropping while minimizing soil compaction and lowering CO₂ emissions. By reducing manual effort and enhancing precision, KrishiBOT helps farmers boost productivity and adopt more sustainable practices. • Surobhi Agro Industries Pvt Ltd, through its platform Farmology, combines patented organic inputs with AI-powered agronomy solutions. Its system integrates IoT-based soil testing, AI-driven crop health monitoring, and personalized farmer consultations. With 95% accuracy, the platform helps farmers make timely decisions on water, pest, and nutrient management. It also provides climate alerts, supports sustainable practices, and connects farmers directly to markets. • Agribotic Systems Pvt Ltd has built a 90% indigenous agri-drone ecosystem designed for Indian farms. Compact and foldable, the drones enable affordable Drone-as-a-Service solutions for precision farming. With real-time spraying, obstacle avoidance, and a 10L tank capacity, the drones integrate with a mobile app for IoT-based data syncing, fleet management, and precision advisory. This innovation makes advanced farm mechanisation accessible and scalable for smallholder farmers. • Bhairaj Organics Pvt Ltd, with its solution Desigo, addresses inefficiencies in India’s milk supply chain by offering a clean, cold, and traceable delivery system. Using alternative energy, the system reduces fuel and electricity consumption, eliminating the need for cold storage and middlemen. With smart milk barrels, automated AI training, and FSSAI-compliant traceability, Desigo ensures 0% spoilage and affordable pricing. The model also empowers women entrepreneurs, supports indigenous breeds, and improves land fertility. • Rudra Solar Energy Pvt Ltd offers high-efficiency, low-cost solar cabinet dryers with three heat transfer modes that speed up drying, cut post-harvest losses, and improve product quality. With direct market linkages and a buy-back model, farmers secure fair prices, reduce reliance on intermediaries, and increase income while minimizing food waste. Announcing the third edition of Krishi Mangal, Harish Krishnan, Managing Director & Chief Policy Officer, Cisco India & ASEAN, said: “At Cisco, we believe in the power of an inclusive future, where technology acts as an enabler for everyone, everywhere. technology and innovation can make a big difference. Whether it’s using AI to predict weather and soil health, IoT sensors for smarter irrigation, or blockchain for better price transparency these technologies can help solve real problems on the ground. The startups in Krishi Mangal 3.0 cohort have done a great job of building and applying these innovations in truly meaningful ways. They’re not just working on technology; they’re solving real problems for farmers. This initiative is not just about agricultural innovation; it is a direct contribution to the vision of Viksit Bharat. By empowering our farmers with cutting-edge technology, we are boosting rural incomes, fostering economic resilience, and ensuring food security, all foundational pillars of a developed nation. Ganesh Neelam, Co-Founder, Social Alpha, said: “Smallholder farmers are navigating a complex web of systemic issues—from erratic monsoons and degrading soil health to rising input costs, limited infrastructure, and shrinking access to credit. Climate change continues to intensify these vulnerabilities, often pushing farming families into cycles of economic distress. At Social Alpha, we believe that deep science and technology can offer farmers new pathways to resilience. Through Krishi Mangal 3.0, we are backing entrepreneurs who are building climate-smart, farmer-first innovations that address these structural challenges and create sustainable, long-term impact.” Shri Deepak Bagla, Mission Director, Atal Innovation Mission, NITI Ayog, stated, “India has moved up the Global Innovation Index from rank 81 in 2015 to 39 in 2024. No other country of comparable size and scale has made such a significant leap in just 3,500 days. India is a land of extreme entrepreneurship, with close to 70 million MSME’s. The strength of our MSME’s lie in their ‘we will get it done’ mindset. The growth of the nation is tied to the growth of Agriculture, the primary sector in India. Through initiatives like Krishi Mangal, a new world order is being created. The innovators sitting in the room are reshaping the cost curve, which has a profound impact on agricultural progress. Each innovator is playing the role of a protagonist in bringing India to one of its most critical inflection points - not only for India but also globally, demonstrating to the world how it is done. Since its inception, Krishi Mangal has supported 12 startups across two successful editions. In the first edition, five startups deployed solutions in seven states, directly impacting over 17,000 farmers and collectively raising INR 34.8 crore in follow-on funding. The second edition enabled seven startups to deploy in six states, benefiting more than 32,000 farmers, reducing manual labour, improving productivity, lowering input costs, and enabling a cumulative increase of 14.9% in farmer incomes. Together, the first two editions have demonstrated the potential of technology-driven innovation to transform livelihoods, improve resilience, and build sustainable agricultural ecosystems. About Social Alpha Social Alpha is a multistage innovation curation and venture development platform for science and technology start-ups that address the most critical social, economic, and environmental challenges through the power of entrepreneurship and market-creating innovations. Since its inception in 2016, Social Alpha has nurtured over 350 start-ups, including 120+ catalytic grants and 100+ seed investments. Visit: https://www.socialalpha.org/ About Cisco India CSR Cisco (NASDAQ: CSCO) is the worldwide technology leader that is revolutionizing the way organizations connect and protect in the AI era. For more than 40 years, Cisco has securely connected the world. With its industry leading AI-powered solutions and services, Cisco enables its customers, partners and communities to unlock innovation, enhance productivity and strengthen digital resilience. With purpose at its core, Cisco remains committed to creating a more connected and inclusive future for all. Discover more on The Newsroom and follow us on X at @cisco Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at http://www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word 'partner' does not imply a partnership relationship between Cisco and any other company. (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI

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