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    EU-ASEAN Business Council Calls for stronger action on Illicit Trade, highlights India''s Strategic role
    Union Minister of Commerce & Industry Shri Piyush Goyal Announces Task Force to Support Toy Sector, Targets 5% Global Market Share by 2032.
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    July 28, 2026
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    Illicit trade prevention requires coordinated intelligence sharing, risk-based shipment controls and public-private cooperation to protect supply-chain integrity.
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    July 28, 2026
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    Toy-sector competitiveness is advanced through a task force and playbook focused on manufacturing, innovation, quality compliance and exports.
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    July 28, 2026
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    July 27, 2026
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    Homebuyer enforcement measures require developer compliance with deposit, project completion, and disclosure of pending cases.
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    UPI-enabled flexi benefits wallets support employee-selected tax-efficient allowances with category controls, compliance monitoring and employer reporting.
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    Section 301 forced-labour measures place Indian imports in a lower tariff tier while preserving specified product exclusions.
    Section 301 forced-labour import measures impose an additional ad valorem duty on imports from India, with India placed in a lower additional-tariff tier than initially proposed. Specified exports that attract no additional duties, and goods already subject to Section 232 measures, remain outside the Section 301 additional duty. A substantial portion of Indian exports is therefore excluded, while the remaining exports are subject to the additional duty. The textile-specific mechanism has not yet been operationalised, and engagement continues in relation to that mechanism and bilateral trade agreement negotiations.
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    FCV tobacco market stability remains under review through coordinated measures to protect growers and maintain transparent auction operations.
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    July 27, 2026
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    Corporate Mitra Scheme supports MSMEs through accredited professionals delivering affordable compliance, financial, taxation, accounting and governance assistance.
    The Corporate Mitra Scheme seeks to strengthen MSMEs by connecting them with accredited para-professionals providing affordable compliance and business-support services. Corporate Mitras are envisaged to assist with regulatory compliance, finance, taxation, accounting and governance, allowing enterprises to focus on growth. The scheme also trains young graduates in industry-relevant skills and creates employment opportunities. IICA Shillong serves as the nodal agency for coordination, stakeholder liaison, promotion and awareness in the North Eastern Region.
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    Tax administration must deliver timely lawful service, protect public assets, and uphold integrity in tax collection.
    Tax administration should assist common citizens by handling matters within departmental authority without unnecessary delay, while remaining within applicable rules. Government departments should protect public land from illegal occupation and expedite lawful land transfers, permissions, construction arrangements and procurement for departmental premises and accommodation. Integrity is the essential principle for officials performing tax-collection functions.
    July 26, 2026
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    Investment fraud and forged residence certificates prompted chargesheets over alleged misappropriation, fabricated revenue records, land purchases and employment access.
    Criminal chargesheets concerned alleged investment fraud through false promises of high returns and alleged misappropriation of investor funds, involving a company stated to be unregistered with SEBI, RBI and the relevant Registrar of Companies. A separate chargesheet concerned alleged conspiracy to procure permanent resident certificates using forged revenue records, with the certificates allegedly used for land purchases and government employment. Forensic examination reportedly found that the relevant revenue documents were not genuine according to official records.
    July 25, 2026
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    Money-laundering allegations in online rummy gaming prompt prosecution proceedings and asset attachment over suspected cheating of users.
    Money-laundering proceedings concerning online real-money rummy operations include a prosecution complaint against Gameskraft Technologies, RummyTime Technologies, founder-directors and associated persons. The allegations concern proceeds of crime said to arise from cheating users through rummy applications and from an addictive environment encouraging repeated wagering. The proceedings also involve provisional attachment, seizure and freezing of financial holdings, equity interests and immovable properties alleged to be connected with suspected proceeds of crime. The founder-directors' arrests were declared invalid by the Karnataka High Court, while the investigating agency proposes to challenge that order.
    July 25, 2026
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    Banking financial performance reflected loan and deposit growth, improved asset quality, stronger margins and prudent contingency provisioning.
    Quarterly financial performance reflected growth in customer business, loans and deposits, expansion in lending portfolios, an improved CASA ratio and lower cost of funds. Asset quality improved through reductions in gross and net non-performing assets, while profitability indicators improved in relation to net interest margin, cost efficiency, provisions, net profit and return on assets. The bank received credit-guarantee claims for its microfinance portfolio and created a contingency provision for macroeconomic and geopolitical uncertainty. Capital adequacy and common equity tier-one ratios were also reported.

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      Bihar: In Mokama, locals rue lack of jobs, education, but fear discussing 'politics'

      October 29, 2025

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      Mokama, Oct 29 (PTI) On the dusty city square in Bihar's Mokama, one of the most keenly watched seats where the fight is being seen as that between two 'Bahubali' politicians with criminal records, fear is palpable.

      In the fray here is Anant Singh, a local strongman who is the candidate from the ruling JD(U), pitted against Veena Devi, RJD candidate and wife of another 'bahubali,' Surajbhan Singh, who has been debarred from fighting elections.

      Locals are not keen on talking about their inclinations or the political scenario.

      At a shop that sells agricultural supplies, two men sitting on the counter refuse to talk about the elections.

      "All kinds of people come to our shop; what if we say something that does not go down well with someone? We would be in trouble," said the man, who did not want to be named.

      Asked about the general situation, expectations of people and issues faced by the locals, his companion rues that nothing has changed over the years; however, as he tries to list out issues, he is immediately stopped from speaking more.

      "We don't want to talk about any party," he said.

      A few hundred metres away, at the Jay Prakash Chowk, commonly called Prakash Chowk, the narrow two-lane road is choked with traffic, with battery rickshaws, which have fast grown to replace cycle-rickshaws. Even ambulances stuck on the congested road have no other option but to wait.

      Sitting at a sweet shop, Anand (name changed), a 22-year-old graduate preparing for competitive exams, does not want to talk about politics.

      "I have no idea about politics," he said.

      Asked about the state of education in Mokama, Anand said, "It's pathetic." "Classes are not held regularly, teachers are absent most of the time... But we have no other option".

      Their income from the shop is barely enough to make ends meet, and going out of Mokama for education is out of the question.

      "I have no other option but to prepare for government exams... But then paper leaks happen, exams are cancelled..." he said.

      When asked about his expectations from the upcoming Bihar Assembly polls, he, though refusing to comment on either of the candidates, said, "everyone wants change, better facilities, especially education, healthcare and employment".

      Nearby, sitting at a pan shop, Munna Kumar said Anant Singh is popular with people and also helps locals with their work.

      A customer at the shop praises him. "Ek number admi hai (He is a good person)," said the man who identified himself as Prakash Kumar.

      He comes from an agricultural family. The area has fertile agricultural land with pulses as the main crop, but a huge area remains inundated under water every year, known locally as 'tal'.

      An industrial city once, the now shut units here include a manufacturing unit of Bharat Wagon and Engineering Company Limited (BWEL), a factory of shoe manufacturer Bata and a unit of United Spirits, which was established by Vijay Mallya's father, Vittal Mallya.

      Locals are, however, guarded in expressing their opinion, even as they rue the lack of basics, such as education and healthcare.

      At a local grocery store, owner Amar Nath said unemployment is the biggest issue.

      "MLAs and MPs have not done anything for Mokama. Factories have all closed, there was a private hospital which also shut down... That is why Veena Devi is gaining popularity this time," he said.

      He said Mokama is peaceful, criminals have been controlled, and incidents of extortion, etc., are not happening anymore.

      "The 'rangdari' (extortion) has stopped... The area is peaceful now," he said.

      He, however, said that the opening of big malls around has affected their business.

      "Unemployment is very high. People do jobs that pay Rs. 10,000-15,000, but they feel at least they can live in peace," he said.

      A local, who works outside Bihar in a PSU, and did not want to be named, said people have little option because political parties back the 'bahubalis'.

      "What option do people have? Political parties give tickets to such candidates. They only want to win the election," he said.

      "I have been working outside Bihar for the last eight years... If there were employment opportunities here, I would not have left," he said.

      Karim, a cycle rickshaw puller, complains that there are still people who do not pay him after riding on his rickshaw.

      "I am still pulling this cycle rickshaw. Government should do something to get us an e-rickshaw... If I get some money, I can do something else," he said.

      Around 32 per cent of candidates in the fray in the first phase of the Bihar polls have declared criminal cases against themselves in their affidavits, while 27 per cent have declared serious criminal cases against themselves.

      At least 33 candidates in the first phase have cases related to murder.

      Surajbhan Singh, who has served as the MLA from Mokama in past, and also as a Lok Janshakti Party (LJP) MP, was debarred from contesting elections after conviction in a murder case.

      His wife, Veena Devi, who is fighting on an RJD ticket in this assembly poll, has served as an MP from Munger as an LJP leader.

      In the 2020 Bihar Assembly election, Anant Singh won the seat as an RJD candidate but was later disqualified after his conviction under the Arms Act in 2022. His wife, Neelam Devi, won the bypoll and subsequently shifted her loyalty to JD(U).

      Anant Singh is now contesting from JD(U) in Mokama this time. PTI AO AMJ AMJ

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