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    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
    PM Modi to inaugurate Bhogapuram Airport in Andhra on Aug 1
    HIGHLIGHTS
    Closely monitoring: India on US bill seeking up to 100 % tariffs on purchasers of Russian oil
    Delhi HC seeks ED stand on Nayan Raheja's plea against money laundering case
    Rupee appreciates 7 paise to close at 95.43 against US dollar
    PM Modi, UK PM Burnham commit to harnessing full potential of mega trade deal
    ITC Q1 profit declines 15.6 pc to Rs 4,508.79 cr; non-cigarette FMCG posts robust growth
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    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.

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      HIGHLIGHTS

      October 22, 2025

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      New Delhi, Oct 22 (PTI) Following are the top stories at 9.15 pm: NATION DEL36 PM-LDALL-TRUMP (7.27 PM)

      US President Trump dials Modi to extend Diwali greetings; bilateral trade issues figure in talks New Delhi/Washington: Prime Minister Narendra Modi and US President Donald Trump discussed trade issues during a phone conversation amid efforts by the two sides to repair bilateral ties that remain under strain after Washington slapped a whopping 50 per cent tariff on Indian goods.

      BOM16 MH-LADKI BAHIN-NCP SP (8.22 PM)

      Oppn alleges 'scam' in Ladki Bahin Yojana; NCP (SP) says 'brothers became sisters' for votes Mumbai: The Ladki Bahin Yojana for women from low income families was a well orchestrated plan to "trick" the people of Maharashtra to vote for the BJP-led Mahayuti alliance, the NCP (SP) claimed on Wednesday and sought an SIT probe into alleged irregularities in the scheme.

      DEL27 CHOKSI-LD COURT-ORDER (5.35 PM)

      No risk of unfair trial or ill-treatment to Mehul Choksi in India: Belgian court New Delhi: A Belgian court has ruled that fugitive diamantaire Mehul Choksi, main accused in a Rs 13,000 crore PNB scam, faces "no risk" of being denied a fair trial or subjected to ill-treatment if he is extradited to India.

      MDS26 KA-CM-YATHINDRA (6.04 PM)

      Yathindra's comments about his father Siddaramaiah nearing end of political life sparks speculation Belagavi (Karnataka): Karnataka Chief Minister Siddaramaiah's son Yathindra Siddaramaiah's statement on Wednesday that his father was at the fag end of his political life and Minister Satish Jarkiholi is a leader with similar progressive ideological thinking, has led to speculation, amid talks about leadership change.

      CAL36 OD-IRREGULARITIES-CBI (8.20 PM)

      Odisha govt recommends CBI probe into sub-inspector recruitment irregularities Bhubaneswar: The BJP government in Odisha on Wednesday recommended a CBI investigation into alleged irregularities in the recruitment of sub-inspectors in various departments, including police, and fire and emergency services, a statement said.

      DEL44 MHA-LADAKH (8.17 PM)

      Meeting between MHA representatives, Ladakh leaders begins weeks after deadly protests New Delhi: In the first sign of a thaw, leaders of Ladakh, where four people died in police firing during the recent pro-statehood protests, met with Home Ministry representatives here on Wednesday for sub-committee level talks.

      DEL40 DELHI-LD POLLUTION (7.55 PM)

      Delhi's air quality 'very poor' post-Diwali; sparks blame game between AAP, BJP New Delhi: Two days after Diwali, the national capital remained blanketed by haze on Wednesday with air quality in the "very poor" category, which has sparked a war of words between AAP and the ruling BJP over who to blame for the situation.

      DEL41 PB-LD STUBBLE BURNING (7.59 PM)

      Punjab saw 415 farm fires from Sep 15 to Oct 21, down from 1,510 last year: Data Patiala: Punjab recorded 415 incidents of farm fire between September 15 and October 21, down from 1,510 cases reported during the same period last year, according to data compiled by the Punjab Pollution Control Board (PPCB).

      DEL45 PM-SIKH RELICS (8.24 PM)

      Holy relics 'Jore Sahib' set to be taken to Patna; PM Modi urges people to have 'darshan' New Delhi: The holy "Jore Sahib", the footwear of Guru Gobind Singh and his wife Mata Sahib Kaur, will be taken in a ceremonial procession on Thursday from here to the Takht Patna Sahib in Patna, where the relics will be placed permanently.

      DEL42 CISF-BHAKRA-SECURITY (8.01 PM)

      CISF takes charge of Bhakra Dam project New Delhi: The Central Industrial Security Force (CISF) on Wednesday took charge of the Bhakra Dam project's security at Nangal in Punjab, a senior official said.

      DEL39 RAIL-SPECIAL TRAINS (7.53 PM)

      Festive rush: Around 200 special trains to make over 12,000 trips between Oct 1 and Nov 30 New Delhi: The Railway Ministry has released a list of 12,011 train trips scheduled between October 1 and November 30, 2025, suggesting that an average 196 special trains are operating daily from various destinations in the country to cater to the heavy festive rush.

      MDS25 KL-PREZ-4THLD-SABARIMALA (5.41 PM)

      President Murmu offers prayers at Sabarimala Lord Ayyappa temple Pathanamthitta (Kerala): President Droupadi Murmu on Wednesday offered prayers at the Lord Ayyappa temple in Sabarimala, becoming the first woman head of state to do so.

      DEL46 OPERATION SINDOOR-CITATIONS (8.25 PM)

      Military decoration citations tell tales of courage, tactical acumen displayed during Op Sindoor New Delhi: IAF fighter pilot Group Captain Ranjit Singh Sidhu, who received a prestigious military decoration for his heroics during Operation Sindoor in May, flew "multiple deep-penetration strike missions" to destroy the designated targets with surgical precision while facing "complex threat scenarios" and layered air defences.

      LEGAL LGM1 TL-COURT-CHIRANJEEVI (6.40 PM)

      Hyderabad court restrains entities from using actor Chiranjeevi's name, photo Hyderabad: A city court in an interim order has restrained various entities from using actor Chiranjeevi's name, image, voice for commercial purposes without permission.

      LGD7 DL-COURT-ACCIDENT-COMPENSATION (6.14 PM)

      Delhi tribunal awards Rs 38.64 lakh compensation to parents of sportsman killed in road accident New Delhi: A motor accident claims tribunal here has awarded a compensation of more than Rs 38.64 lakh to the parents of a national-level handball player who died in a road accident in 2018.

      BUSINESS DEL37 BIZ-IT RULES AMENDMENT-TAKEDOWN NOTICES (7.35 PM)

      Revised IT rules to ensure senior-level authorisation for content takedown notices New Delhi: The IT ministry has stipulated that intimation to social media platforms for removal of 'unlawful information' can only be issued by senior officials and would require precise details and reasons to be specified, as it notified IT Rules amendment to streamline content takedown procedures and bring transparency, clarity and precision in actions.

      DEL29 BIZ-RBI-GOLD

      RBI's gold reserves cross 880 metric tonnes by September (5.37 PM) New Delhi: The Reserve Bank's gold reserves crossed 880 metric tonnes in the first half of 2025-26 with the central bank adding 0.2 metric tonnes in the last week of September.

      DEL28 BIZ-POWER DEMAND-DIWALI (5.37 PM)

      Power consumption on Diwali defies trend this time; peak demand dips on year New Delhi: Peak power demand met in the country or the highest supply of electricity on the day of Diwali dropped slightly this time compared to last year, breaching the usual trend during the festival.

      FOREIGN FGN50: RUSSIA-NUCLEAR-LD DRILLS (8.01 PM)

      Putin commands nuclear drills as summit with Trump hangs in balance Moscow: Russian President Vladimir on Wednesday supervised the drills of the country’s strategic nuclear forces as uncertainty hangs over his proposed summit meeting with US President Donald Trump to resolve the Ukraine conflict. By Vinay Shukla

      FGN43: BANGLA-ARMY-OFFICERS-LD JAIL (5.17 PM)

      Bangladesh's special tribunal sends 15 serving army officers to jail in enforced disappearances, killings cases Dhaka: Bangladesh's International Crimes Tribunal on Wednesday sent 15 serving military officers to jail to face trial on charges of enforced disappearances, murders and custodial tortures during the then prime minister Sheikh Hasina's regime.

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