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    PM Modi to inaugurate Bhogapuram Airport in Andhra on Aug 1
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July 31, 2026
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Greenfield airport development under a public-private partnership advances licensed international passenger, cargo, logistics, and sustainable infrastructure.
A greenfield international airport is being developed under a Public-Private Partnership and Design, Build, Finance, Operate and Transfer framework, with airport, aviation-hub, education and supporting infrastructure components. The airport has obtained an aerodrome licence and required safety, fire and environmental clearances. Passenger, airfield and terminal systems are designed for domestic and international operations. A cargo terminal with cold-chain facilities and integration with port, industrial-corridor and logistics networks are intended to strengthen exports and air-cargo logistics. Recycled-water use and LEED Platinum development standards form part of its environmental measures.
July 31, 2026
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Regulatory and legal developments cover trade measures, legislative action, offshore exploration support, court directions and platform algorithm scrutiny.
The compilation reports proposed United States tariff measures concerning purchasers of Russian oil and gas, India-United Kingdom trade engagement, extension of farmer-support measures, and approval of offshore exploration support. It also covers passage of the Registration of Births and Deaths (Amendment) Bill, 2026, a privilege-motion notice, a criminal sentencing, and directions to appoint a nodal officer for families affected by the Russia-Ukraine war. Regulatory items include industrial credit data and examination of social-media algorithms, bias and public-order implications.
July 31, 2026
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Russian oil purchases may trigger proposed targeted tariffs, with periodic reassessment based on countries' purchasing behaviour.
Proposed United States measures would authorise sanctions against Russia and persons supporting its war in Ukraine, while permitting targeted tariffs on imports from countries purchasing substantial volumes of Russian oil or gas or facilitating sanctions evasion. The framework identifies major purchasers and shadow-fleet facilitators for possible additional tariffs and provides for periodic reassessment and tariff adjustments based on purchasing behaviour. India stated that its energy-security policy rests on national priorities and diversified energy sources.
July 31, 2026
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Money-laundering proceedings face challenge over absent predicate offence, alleged lack of criminal intent, and treatment of related FIRs.
Money-laundering proceedings linked to alleged diversion of homebuyer funds are challenged on the ground that no scheduled offence or criminal intent is attributable to the petitioner. The petitioner relies on his asserted exoneration in two predicate FIRs, where charge sheets did not name him, and settlement of the remaining FIR. Notice was issued for a response and status report, and the petitioner undertook to cooperate with the investigation.
July 31, 2026
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Rupee appreciation reflected foreign capital inflows and central bank support, tempered by crude prices and geopolitical tensions.
Rupee appreciation against the US dollar was linked to sustained foreign capital inflows and Reserve Bank support through dollar selling. Higher crude oil prices, a stronger US dollar and geopolitical tensions in West Asia constrained further gains. A slightly positive near-term rupee bias was associated with softer dollar conditions, dovish US monetary expectations, favourable global markets and improved foreign inflows, while geopolitical risks remained relevant. Domestic equity indices rose, foreign-exchange reserves increased, and fiscal-deficit data showed the central government's position against its full-year target.
July 31, 2026
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India-UK trade agreement enables duty-free access and bilateral cooperation on investment, technology, and strategic partnership.
The India-UK Comprehensive Economic and Trade Agreement provides zero-duty market access in the UK for nearly 99 per cent of India's exports and is intended to expand bilateral trade and investment opportunities. The governments committed to maximise its benefits through the Comprehensive Strategic Partnership, including cooperation on technology, innovation, security, clean energy, education and people-to-people links. Advanced technology collaboration, including artificial intelligence, is also contemplated.
July 31, 2026
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Excise duty increases on cigarettes pressured profitability, while calibrated pricing and FMCG growth supported market resilience.
Excise duty increases on cigarettes affected consolidated profitability, prompting calibrated pricing and portfolio measures to protect market share and limit migration to illicit trade. The cigarette portfolio was re-architected across price points through value-accretive offerings and staggered pricing actions. Non-cigarette FMCG growth was supported by demand for packaged foods, dairy and personal-care products. Input-cost inflation was mitigated through inventory cover, commodity hedging and price-volume rebalancing amid crude-price volatility, supply-chain disruption and imported inflation concerns.
July 31, 2026
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One-Time Settlement Scheme offers final pre-GST tax dispute resolution relief before stricter recovery action against defaulters begins.
The One-Time Settlement Scheme 2025 for pre-GST tax dues has been extended until September 30. Eligible taxpayers may resolve pending legacy tax disputes with full waiver of interest and penalties and slab-wise relief in principal tax. After the deadline, recovery action may be intensified under applicable tax laws and the Punjab Land Revenue Act, including property attachment, auction and freezing of bank accounts. The department also supports amicable settlement of tax disputes through the SAMADHAN initiative.
July 31, 2026
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Bilateral trade agreement implementation supports expanded trade, investment and strategic cooperation through technology, security, clean energy and community links.
The India-UK Comprehensive Economic and Trade Agreement was identified as a framework for expanding bilateral trade and investment opportunities following its operationalisation. The two governments proposed closer cooperation to use the agreement for shared prosperity, while advancing their comprehensive strategic partnership through technology, innovation, defence, security, clean energy, education and people-to-people links.
July 31, 2026
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Sectoral bank credit growth reflects broad-based expansion across industry, services, agriculture and personal loans, with slower credit-card growth.
Sectoral bank credit growth accelerated across non-food lending, agriculture, industry, services and personal loans. Industrial credit expanded across micro and small, medium and large enterprises, with strong lending to infrastructure, engineering, food processing, textiles, construction, metals, petroleum-related products and chemical products. Services lending was supported by non-banking financial companies, commercial real estate and trade. Vehicle and housing loans maintained double-digit growth, while credit-card outstanding growth decelerated.
July 31, 2026
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Biometric identification of protesters through alleged fingerprint-Aadhaar linkage was described alongside criminal-background profiling and database creation.
Biometric identification of protesters through fingerprints recovered from alleged stone-pelting evidence was publicly described as a proposed investigative method. A minister stated that fingerprints allegedly found on stones would be linked with Aadhaar numbers to identify participants and examine their prior records. The account also referred to analysis and categorisation of detained protesters' criminal backgrounds, creation of a separate database, and proposed action against participants described as anti-social elements or persons with criminal records.
July 31, 2026
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Offshore hydrocarbon exploration support funds high-risk deepwater drilling, shared infrastructure and data acquisition to strengthen domestic energy production.
The National Offshore Exploration Scheme provides public support for deepwater and ultra-deepwater oil and gas exploration, including seismic and offshore data acquisition, exploratory drilling in frontier basins, and common production and evacuation infrastructure. It addresses the high cost and geological uncertainty of offshore drilling and includes technology adoption, digital programme management, capacity building and collaboration measures. The scheme seeks to expand domestic hydrocarbon discoveries and production, attract investment across the exploration and production value chain, and reduce reliance on imported oil and gas.
July 31, 2026
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Foreign exchange reserves increased as foreign currency assets and gold holdings rose, alongside measures to attract forex inflows.
India's foreign exchange reserves increased during the reporting week, principally because foreign currency assets and gold reserves rose. Foreign currency assets, expressed in United States dollar terms, include valuation effects from movements in currencies such as the euro, pound and yen. Special Drawing Rights and the reserve position with the International Monetary Fund declined. Measures including the FCNR(B) measure were reported as efforts to attract foreign-exchange inflows following rupee pressure and dollar-sales intervention.
July 31, 2026
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Digital marketplace access for women's self-help group products expands e-commerce opportunities while panchayat-level citizen services are strengthened.
Digital marketplace access for women's self-help group products is proposed through a memorandum of understanding between CSC eStore and the Jharkhand State Livelihood Promotion Society. Products marketed under the 'Palash' and 'Adiva' brands are intended to be offered through an e-commerce network to widen market access, support rural women's income and entrepreneurship, and strengthen the rural economy. Digital panchayat services are also being expanded through Common Service Centres, including banking, e-governance and Aadhaar-related services.
July 31, 2026
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Agricultural export facilitation expands market access for late-season mangoes through farmer aggregation and direct global market linkages.
Agricultural export facilitation enabled an air shipment of late-season Neelam and Totapuri mangoes to an international market, expanding market access and extending the mango export season. Direct sourcing through a Farmer Producer Company supported organised aggregation, quality produce, and export-oriented supply chains. Direct procurement and export market linkages enabled participating farmers to realise higher returns than conventional market channels while promoting horticultural export diversification.
July 31, 2026
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Cross-border digital payment integration enables real-time Favara transfers from Maldives mobile banking applications to UPI-enabled accounts in India.
Cross-border digital payment integration between Favara and UPI enables individuals in the Maldives to make real-time person-to-person transfers to UPI-enabled bank accounts in India through mobile banking applications. Transfers are initiated in Maldivian Rufiyaa and credited in Indian Rupees. The initial service is available through participating Maldivian banks. Permitted remittances include family-maintenance transfers under foreign inward and outward remittance categories, and gift-related transfers under foreign outward remittance. Future phases are intended to introduce QR-based merchant payments and other digital payment services.
July 31, 2026
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Procedural Fair Hearing in competition inquiries requires notice when the Commission departs from investigative findings before imposing action.
Competition law procedure requires the Competition Commission to notify and hear an opposite party when departing from the Director General's findings. The penalty order concerning alleged abuse of dominance in viscose staple fibre supply was set aside because Grasim Industries was not given an opportunity to respond to the Commission's disagreement with the investigative findings. The matter was remanded for fresh, time-bound consideration without a finding on the merits.
July 31, 2026
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Manufacturing contraction highlights weak domestic demand, property-sector pressure and continued reliance on technology-related exports for economic growth.
Manufacturing activity in China contracted in July, as the official purchasing managers' index fell below the expansion threshold and new orders and production declined. Weak domestic demand, lower building activity and possible typhoon-related disruptions contributed to the slowdown. Consumer spending, investment and property-sector weakness continue to affect confidence, while technology-related exports support growth. Policy commitments include strengthening domestic consumption amid continued reliance on exports.
July 31, 2026
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Public-private partnership airport development strengthens aviation, cargo logistics, export infrastructure and sustainable connectivity through an integrated international airport project.
The Bhogapuram airport project is being implemented under a Public-Private Partnership through the Design, Build, Finance, Operate and Transfer framework. It has obtained required aerodrome, safety, fire and environmental clearances and includes infrastructure for domestic and international aviation, passenger processing and airport security. Cargo and cold-chain facilities are intended to support exports and logistics integration, while recycled-water use and LEED Platinum standards form part of the project's sustainability features.
July 31, 2026
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Rupee appreciation against the US dollar continued as foreign inflows and lower crude prices supported domestic currency markets.
Rupee appreciation against the US dollar continued in early trading, supported by foreign capital inflows and lower global crude oil prices. A stronger US dollar constrained further appreciation, while expectations of continued Reserve Bank of India intervention were cited as supporting the rupee. Declining Brent crude prices, gains in domestic equity indices and net foreign institutional investment in equities were also identified as relevant market factors.

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Corp. Laws / SEBI / IBC

eVoting Is Mandatory in Associations via an STQC-Certified and MCA-Approved eVoting Agency Like Right2Vote

October 30, 2025

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Mumbai, Maharashtra, India – Business Wire India It is widely known that the Ministry of Corporate Affairs (MCA), Government of India, has made it mandatory for listed companies to provide eVoting facility to their shareholders via an eVoting agency certified by the Standardisation Testing and Quality Certification (STQC) Directorate, Ministry of Electronics and Information Technology (MeitY), Government of India. However, very few people are aware that the same regulation requires all associations registered as a company, with more than 1000 members, to provide eVoting facilities to their members via a STQC-certified eVoting agency. This regulation also applies to not-for-profit associations structured as Section 8 (formerly Chapter 25 under the Companies Act 1956) companies. Many associations in India are not aware of this regulation and are not providing eVoting facilities to their members. This is a clear violation of the law, and these associations and their management committee can be held liable for penalties and punishment. Not providing eVoting facilities to members amounts to a denial of the right to vote to members. The objective of the said regulation is to protect the rights of small and marginal members and ensure that the organisation is run democratically. It aims to ensure that a few members are not able to monopolise the management of the organisation. If an association uses an eVoting agency which is not approved by MCA, the election would be considered invalid (void ab initio). This can lead to legal problems for the management committee and the association. Beware of fraudulent agencies which claim to be STQC certified There are a few fraudulent eVoting agencies in India which use the STQC logo without permission on their website; they fake a Cert-in empanelled agency certificate as an STQC certificate. There is another kind of fraudulent eVoting agency who have just done OWASP top 10 security testing, and has a certificate only for OWASP top 10 from STQC, but represents that they are a STQC-approved eVoting agency. It should be noted that an STQC-approved eVoting agency has to go through testing on more than 500 parameters, which include GIGW parameters, MCA parameters, Functional Testing, Security Testing, OWSAP top 10 testing, Cloud, network and application security testing, and VAPT testing. How to differentiate between approved agencies from fraudulent agencies The STQC website mentions the list of eVoting agencies tested and certified by them, the most prominent being Right2Vote. Also, after the STQC certificate, MCA issues an approval letter to such agencies. To avoid being defrauded by such fraudulent eVoting agencies, check the STQC website and also check for the MCA approval letter. Right2Vote Vs Others Although a couple of central securities depositories (CDS) are also certified by STQC and approved by MCA, the best eVoting agency for association elections in India is Right2Vote. Right2Vote is the best eVoting software for association elections due to the following reasons: 1. Features-rich and customizable: These central securities depositories’ eVoting platform was created for shareholder voting and has features suited for shareholder voting only. Right2Vote’s eVoting platform provides many advanced security and transparency features, including Secret Ballot, Audit Trail, Voter Receipt, Two-Factor Authentication, Team/Committee Elections, Weighted Votes, Candidate picture on the ballot page, Face Recognition and Voter Selfie. The election can be customised based on the nature of the election and the requirements of the specific association. 2. 24*7*365 support: Right2Vote provides 24*7*365 support for creating and managing elections. Even urgent requirements or last-minute requirements for eVoting are accommodated by Right2Vote. 3. Manages more than 3000 elections every year across sectors: The Right2Vote platform is flexible and feature-rich, enabling the management of 600 different kinds of elections. Right2Vote has been conducting eVoting for more than 10 years and manages more than 3000 elections every year across Trade Associations, Professional Associations, Resident Welfare Associations (RWA), Not-For-Profit Associations, Employee Associations, Companies, Cooperatives, Colleges, Clubs, Unions, Societies, Trusts, NGOs, etc. 4. Certified by STQC and approved by MCA three times in the last 7 years: Right2Vote platform has been certified, tested and approved by STQC, MeitY and MCA, not once but 3 times in 7 years. The most recent is in 2025. MCA requires the testing and certification to be renewed every three years. 5. Real Secret Ballot: Many elections, especially management committee elections in an association, require a Secret Ballot. A Secret Ballot is required, as without it, there is a risk of coercion. Candidates might trouble voters if they discover the voter's voting choice. Most eVoting platforms do not have a true secret ballot feature. They store the individual vote preference data on their system. They claim a secret ballot via encryption. However, encrypted data can be decrypted by the management of the voting agency. Right2Vote is the only agency that offers a true secret ballot. In Right2Vote, the individual voter's vote preference is not stored in the system, and therefore, there is no chance of any leakage or coercion. 6. Cloud-hosted and secure: Right2Vote offers a cloud-hosted eVoting platform which is 100% secure. Cloud-based redundancy ensures that data is secure even in the case of climatic disasters or other disasters. Right2Vote is tested and certified by Cert-in empanelled agency for cloud security, network security, application security and Vulnerability Assessment and Penetration Testing (VAPT). 7. Awards: Right2Vote has been awarded for its eVoting technology by Microsoft, Facebook, IIT Bombay, IIM Calcutta, NASSCOM and many others The said regulation does not make eVoting mandatory for associations with fewer than 1000 members and associations not registered as companies. However, it is recommended for all associations to provide eVoting facilities to their members to ensure wider participation and protection of minority rights. Also, it is in the interest of all associations to conduct eVoting only via an STQC-certified and MCA-approved eVoting agency like Right2Vote to ensure accuracy, higher participation, 100% security and transparent elections. Providing eVoting facility to members increases member participation substantially, leading to more democratic results. To View the Image, Click on the Link Below: Right2Vote is a STQC certified and MCA approved eVoting Software for associations (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI

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