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    Over 745 gram gold paste seized at IGI; Customs nab carrier, receiver
    Quebec remains cautious on Canada-US trade deal as Ottawa pushes to restore US alcohol
    No cases of foreigners getting Aadhaar, other govt benefits reported during SIR in K'taka: Minister
    Govt allows free imports of 10 lakh tn raw sugar until Oct 31; caps sugar stock for bulk consumers
    Govt allows free imports of 10 lakh tn raw sugar until Oct 31
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August 20, 2026
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Customs enforcement against suspected gold smuggling leads to baggage seizure and apprehension of the alleged intended receiver.
Customs officers intercepted an arriving passenger at the green channel on intelligence inputs and examined baggage after X-ray screening indicated suspicious images. The examination recovered two oval capsules containing gold paste concealed in the baggage. Interrogation indicated that an alleged receiver was waiting outside the airport to collect the suspected smuggled gold. Customs officers apprehended the alleged receiver, and further investigation remains underway.
August 20, 2026
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Provincial alcohol sales restrictions remain subject to economic impact assessment under proposed bilateral trade agreement negotiations.
Provincial control over alcohol distribution remains distinct from federal trade-making authority. Quebec retains authority over whether United States alcohol is offered through its government-controlled liquor distribution system, despite lacking a veto over a bilateral trade agreement. Federal requests to restore United States alcohol to retail shelves cannot compel provincial action. Proposed trade commitments also concern restrictions on United States agricultural products and Canada's dairy import regime, which applies lower tariffs within designated import volumes and higher duties beyond those volumes.
August 20, 2026
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Electoral-roll verification found no reported cases of specified foreign nationals receiving identity-linked benefits or voter registration.
Electoral-roll special intensive revision recorded no reported cases of Pakistani, Bangladeshi or Iranian nationals obtaining Aadhaar cards, ration cards, other government benefits, or voter registration. Illegal immigrants are identified through police monitoring, intelligence measures, specialised operations and a Special Task Force. Overstayers are recorded through the District Police Module and Foreigners Identification Portal and produced before Foreigners Regional Registration Officer authorities. Persons found to be residing illegally are reported to the concerned central divisions, proceeded against through registered cases, retained pending case disposal and exit permits, and subjected to deportation steps.
August 20, 2026
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Raw sugar tariff-rate quota permits duty-free imports while bulk consumers face consumption-based sugar stockholding limits.
Raw sugar imports are permitted duty-free under a tariff rate quota until 31 October 2026, with online allocation to eligible millers and refiners having functional refining capacity. Applicants must provide a refining-capacity declaration and supporting Consent to Operate; preference applies to importers undertaking timely completion of imports, while non-utilisation or failure to surrender allocations constitutes non-compliance. Bulk sugar consumers meeting the prescribed consumption threshold are subject to a stock cap of 15 days' consumption from 1 September to 30 November 2026.
August 20, 2026
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Duty-free raw sugar imports under tariff rate quota seek to improve domestic supply and contain rising sugar prices.
Duty-free import of 10 lakh metric tonnes of raw sugar is permitted under a tariff rate quota until 31 October 2026. The import-policy measure seeks to increase domestic raw-sugar availability and restrain rising local prices amid reduced opening stocks. Price-containment measures also include a stockholding limit for bulk consumers using more than 10 tonnes of sugar monthly, restricting holdings to 15 days' consumption.
August 20, 2026
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Reservation policy implementation is strengthened through capacity building, uniform institutional practices, welfare measures, and improved financial accessibility for Divyangjans.
Reservation policy implementation across Public Sector Banks, Public Sector Insurance Companies, sectoral regulators and Public Financial Institutions is being strengthened through a capacity-building workshop. The programme seeks uniform and effective application of Government reservation policies and related welfare measures. Senior human-resource functionaries and Chief Liaison Officers considered practical implementation issues, actionable measures for consistency, and operational concerns. It also focuses on improving accessibility of financial services for Divyangjans.
August 20, 2026
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Startup ecosystem support expands through digital infrastructure, mentorship, market linkages and specialised assistance for energy and climate-tech innovation.
DPIIT's collaborations with PhonePe and Shell India create support mechanisms for DPIIT-recognised startups through technology access, digital infrastructure, mentorship, market opportunities and industry networks. PhonePe will provide transaction credits, access to the Indus AppStore, onboarding support, brand visibility, and training on fintech, sales, go-to-market strategy and business scaling. Shell India will assist energy and climate-tech startups through mentorship, strategic guidance, investor and incubator connections, participation opportunities, and knowledge-sharing materials on innovation and best practices.
August 20, 2026
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India-Singapore economic cooperation advances through trade, investment, technology and business linkages, including agriculture, fintech and sustainable infrastructure collaboration.
India-Singapore economic cooperation was advanced through ministerial, business and government-to-business engagements focused on deepening bilateral trade, investment, technology and commercial linkages. Discussions addressed agri-exports, GCC-based commercial parks, fintech and sustainable infrastructure, alongside expanding agricultural market linkages. The engagements reinforced commitment to strengthening trade, investment, technology and business-to-business cooperation.
August 20, 2026
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Responsible AI banking requires human oversight, explainable customer decisions, fair conduct, resilient systems and inclusive credit access.
Responsible AI in banking must promote inclusion, resilience and customer trust while preserving human judgement, governance accountability and clear responsibility. AI and alternative data may widen access to credit where data is obtained with consent, tested for reliability and bias, and used prudently. Banks must maintain capacity to challenge models, oversee providers, test systems under adverse conditions and intervene when automation fails. Material customer decisions must be explainable, clearly communicated and subject to review by an authorised person. Fair conduct, meaningful disclosure, impartial complaint review and transparent communication remain essential throughout the customer relationship.
August 20, 2026
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Multi-Currency EEFC settlements let exporters retain foreign earnings and choose conversion timing for overseas payment obligations.
Multi-Currency EEFC Account settlements enable exporters and international businesses to receive payment settlements directly into Exchange Earners' Foreign Currency accounts in the original transaction currency without immediate conversion into Indian rupees. Retention of foreign currency earnings permits businesses to choose when conversion is required, reducing repeated foreign-exchange conversion cycles and supporting management of foreign-currency cash flows and overseas obligations.
August 20, 2026
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Power semiconductor foundry expansion targets Indian fabless customers through technology showcasing, process development, and collaboration in the growing semiconductor market.
DB HiTek seeks to expand foundry business with Indian fabless semiconductor companies by showcasing power semiconductor and specialised process technologies. Its commercial focus includes BCD processes for automotive and industrial applications, together with silicon-carbide and gallium-nitride process development and planned volume production. Product-performance evaluations are underway with strategic customers. Customer expansion also covers X-ray, global-shutter, single-photon avalanche diode, specialty CIS, and mixed-signal/RF processes, supported by collaboration with local fabless firms.
August 20, 2026
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Money-laundering allegations over payments without services raise concerns about overseas transfers, identity-linked communications, and mineral smuggling.
Money-laundering allegations concern claimed payments by Cochin Minerals and Rutile Ltd. to Exalogic Solutions Pvt. Ltd., a company promoted by Veena T., without corresponding services. Searches reportedly yielded handwritten material referring to fund transfers to Dubai and digital material relating to a SIM card obtained in another person's name. Further allegations included overseas fund movement, hawala transfers, and possible thorium or monazite smuggling, all presented as allegations requiring examination.
August 20, 2026
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Exchange stabilisation support aims to strengthen foreign-exchange resilience, reduce rollover dependence and restore access to longer-term market financing.
Pakistan has sought a proposed Exchange Stabilisation Support Facility to reinforce foreign-exchange stability and signal currency resilience to international capital markets. The strategy seeks to reduce reliance on short-term bilateral loans, deposits and rollovers by moving towards market-based financing with longer repayment periods. Improving sovereign creditworthiness through engagement with credit-rating agencies is intended to facilitate international market access, lower borrowing costs and enable longer-maturity debt raising.
August 20, 2026
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Elephant ivory trade prohibition supports enforcement against wildlife trafficking, seizure of carved ivory articles, and further investigation.
Illicit trade in elephant ivory and articles manufactured from it is prohibited under the Wildlife (Protection) Act, 1972, supporting India's CITES obligations. Enforcement action against a wildlife-trafficking syndicate resulted in the interception of four persons and seizure of 54 carved ivory artefacts. The seized articles and apprehended persons were transferred to the State Forest Department for further investigation. The action forms part of continuing measures against unlawful trade in wildlife derivatives and biodiversity threats.
August 20, 2026
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Trade deficit pressures persist as energy-import costs and currency weakness offset record automobile and electronics export growth.
Japan recorded its highest July import and export values since comparable statistics began, but continued to experience a trade deficit as rising energy costs increased import expenditure. Higher crude oil prices and disruption to Middle East supply routes affected an economy reliant on imported oil, while a weak yen raised the cost of fuel, food and raw materials. Strong automobile, semiconductor and electronics exports benefited from currency weakness, which also increased the yen value of overseas earnings.
August 19, 2026
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Forged health-scheme cards allegedly enabled ineligible treatment and misuse of public healthcare funds through false beneficiary details.
Alleged misuse of Ayushman health-scheme cards involved collecting identity and ration-card details by promising free treatment, then creating forged beneficiary cards with false particulars. The alleged scheme enabled treatment for ineligible persons and purported claims of government health-scheme funds. Police arrested five persons, recovered purported forged identity and beneficiary cards, and are investigating possible involvement of hospital and medical-office personnel, the scale of card forgery, and alleged diversion of public funds.
August 19, 2026
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MSME competitiveness requires affordable credit, technology adoption, formalisation, sustainable trade and stronger export-market access for inclusive growth.
MSME development is identified as central to employment generation, exports, entrepreneurship, economic resilience and self-reliance. Key priorities include affordable credit, technology upgradation, supply-chain integration, market access, brand-building and reduced red tape. Formalisation of micro industries is emphasised to expand institutional credit access, while sustainable trade is promoted through green technologies and renewable energy. Export competitiveness is to be strengthened through regional production capabilities and the "One District, One Export Hub" initiative.
August 19, 2026
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Supply-side inflation risks support a policy pause pending evidence of broad-based, persistent price pressures and de-anchored expectations.
Monetary policy calibration remained on hold because food and fuel inflation had not yet produced broad-based or persistent price pressures. The policy pause was supported by limited pass-through of supply-side shocks, contained core inflation and no clear demand-driven overheating. Recalibration depends on incoming evidence of persistent inflation, entrenched supply-side pressures, de-anchored expectations and the evolving growth-inflation dynamic. Geopolitical disruption, volatile oil prices, monsoon conditions and El Nin o-related agricultural risks remain material inflation risks.
August 19, 2026
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Examination irregularities investigation examines alleged answer-sheet cheating, managed centres and suspected solver-gang involvement by a biometric operator.
Alleged examination irregularities involved suspected cheating through the receipt of an answer sheet by an examinee from personnel of a private firm conducting the examination. Police arrested a biometric operator following an investigation into his alleged involvement. His prior work with biometric firms and manpower supply agencies was examined in connection with clues concerning allegedly managed examination centres and a suspected solver gang.
August 19, 2026
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Trade restrictions on Iran halt commercial and financial exchanges as regional security threats disrupt maritime commerce and re-export access.
UAE trade restrictions on Iran halted all trade, commercial exchanges and financial transactions until further notice following reported ballistic-missile incidents and regional security escalation. The UAE assessed the missiles as directed at maritime traffic, while Iran denied launching them. The suspension disrupts the UAE's role as a major trade and re-export gateway for Iran and may increase Iran's economic isolation. Continuing threats to shipping through the Strait of Hormuz also create economic risk for the UAE's regional business, finance and tourism position.

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Customs & Trade

Techtextil India 2025: Weaving India's Journey Toward Global Functional Textile Leadership

November 13, 2025

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Mumbai, Maharashtra, India – Business Wire India In line with India’s growing momentum to establish itself as a global textile manufacturing powerhouse, Techtextil India 2025, the country’s foremost B2B exhibition on technical textiles, nonwovens and composites, is set to return with an expansive and future-ready edition. Scheduled from November 19 to 21, 2025, at the Bombay Exhibition Centre, Goregaon, Mumbai, the 10th edition will feature over 215 exhibitors, including more than 100 first-time participants. According to the Ministry of Textiles, India’s technical textiles exports stood at USD 2.92 billion in FY 2024–25, underscoring the sector/s growing global footprint. Packtech at 37.5% and Indutech at 28% emerged as the leading export categories, reflecting strong demand across industrial and packaging applications. With exports to the UK valued at USD 136 million, accounting for a 4.7% share, the data highlights India’s strengthening position in global value chains – setting the stage for platforms like Techtextil India that drive innovation, business and exchange of scientific knowledge for this high-growth segment. The expo will house 500+ products and 300+ brands with international participation from Belgium, Germany, Hong Kong, Italy, Japan, Sweden and the USA. The integration of advanced manufacturing technologies, sustainability practices, focus on circularity and innovative fibers has become a necessity. Techtextil India 2025 plays a crucial role in driving this evolution by bringing together stakeholders across the value chain, fostering dialogue on policy and technology and accelerating industry-wide transformation. This year, the show takes a significant leap forward with its multi-functional approach, integrating new features under one roof — the Dornbirn Global Fiber Conference Asia, which will be held on 18th November 2025, the launch of Sporttech Pavilion, the feature of German Pavilion and a Techtextil India conference powered by Indian Technical Textile Association (ITTA). Together, these additions will enable participants to explore advanced applications of technical textiles across various sectors, including sports, automotive, defence, healthcare, construction, and sustainability. India’s textile industry is undergoing a transformative shift driven by government reforms and industry-led innovation. Acknowledging the sector’s pivotal role in the national economy, the Ministry of Textiles has recently introduced significant amendments to the Production Linked Incentive (PLI) Scheme for Textiles, with a focus on revitalising the man-made fiber (MMF) and technical textiles segments. The revision aims to enhance ease of doing business, attract new investments and generate employment, while aligning with the government’s broader vision of ‘Make in India’ and ‘Atmanirbhar Bharat’. These progressive measures underline the government’s commitment to fostering innovation, investment and employment generation within the sector — setting the stage for India to emerge as a global leader in high-performance textile manufacturing. Commenting on the upcoming edition, Mr Raj Manek, Executive Director and Board Member, Messe Frankfurt Asia Holdings Ltd, stated: “The Indian textile industry is witnessing a remarkable transformation driven by government support, technological innovation and global demand for sustainable materials. Techtextil India 2025 will not only showcase the latest in technical textiles and nonwovens but also serve as a knowledge-driven hub connecting policy with practice. Our new initiatives – the Dornbirn Global Fiber Conference Asia, Sporttech Pavilion, German Pavilion and ITTA Technical Textiles Seminar – align perfectly with the nation’s textile growth mission, enabling participants to explore next-generation materials, solutions and business collaborations. We are proud to support India’s vision of becoming a global textile powerhouse.” The Dornbirn Global Fiber Conference Asia, which is known for its focus on research-driven fiber innovation, will make its India debut, just a day before the expo on 18th November 2025, at Bombay Exhibition Centre, Mumbai, marking a perfect prelude for Techtextil India 2025. On 19th November 2025, the Techtextil Symposium will feature various knowledge sessions under themes like ‘Smart Solutions for Key Segments of Technical Textiles,’ organised by the Indian Technical Textile Association (ITTA). Focusing on innovations and practical applications in geotextiles, agrotextiles and industrial textiles, this will provide a platform to interact with leading experts. On Day 3, the conference organised by the Society of Plastics Engineers (SPE) India will explore ‘Creating Tomorrow’s Circular Supply Chains: Technology, Collaboration & Capital for Tech Textiles and Plastics.’ The show will present credible developments in the fabrics for sports and activewear (Sporttech) category, leading to a dedicated Sporttech Pavilion organised in partnership with Concept N Strategies. A dedicated conference titled – ‘India’s activewear revolution scaling without compromise: Building a 360-degree ecosystem for premium, high-quality active wear that competes globally’ will spotlight high-performance fabrics and materials revolutionising sportswear and outdoor applications. The show will also house a conference on recycling, ‘Creating tomorrow’s circular supply chains: Technology, collaboration and capital for textiles and plastics.' Besides these key features, the expo has seen an expansion into Mobiltech, Buildtech and Oekotech segments. Through these categories, the exhibition aims to connect manufacturers, technology providers, investors and policymakers under one unified platform to share insights, explore business opportunities and discuss the future of advanced textile materials. The event’s focus on innovation, sustainability and collaboration complements the national agenda of achieving self-reliance and global competitiveness in textiles. The show will have the presence of key domestic industry leaders, including Aditya Birla Yarns, Khosla Profil, Park Nonwoven, Pidilite, Reliance, Welspun, Sanathan Textiles, Sarex Chemicals, and Suntech Geo. Meanwhile, the international exhibitors include ACM, Inc., Autefa Solution Germany GmbH, Bettarini & Serafini SRL, Brückner Textile Technologies GmbH & Co. KG, Georg Sahm GmbH & Co. KG, Innovatec Microfiber Technology GmbH & Co. KG, Procotex, Pulcra Chemicals GmbH, R&M International Sales Corporation, Reifenhäuser Enka Tecnica GmbH, Ring Maschinenbau GmbH, STC Spinnzwirn GmbH, Textechno Herbert Stein, VEIT Hong Kong Limited and Zoltek. As high-value, sustainable and globally competitive textile production is receiving renewed focus, the synergy between government initiatives and industry platforms such as Techtextil India 2025 will continue to strengthen India’s leadership in the global textile landscape. The show has become synonymous with India’s textile ambition — weaving together innovation, collaboration and opportunity to create a more resilient, future-ready industry. The expo has garnered support from key industry bodies, including the Manmade & Technical Textiles Export Promotion Council (MATEXIL), Indian Technical Textile Association (ITTA), Department of Textiles (Government of Maharashtra), while the Dornbirn Global Fiber Conference has garnered support from the Government of Tamil Nadu as the Partner State. Techtextil India is part of Messe Frankfurt’s Texpertise Network. Press information and photographic material: www.techtextil-india.in.messefrankfurt.com For more information about the international textile sector and Messe Frankfurt's global textile events visit: www.texpertise-network.com Background information on Messe Frankfurt www.messefrankfurt.com/background-information Sustainability at Messe Frankfurt www.messefrankfurt.com/sustainability-information For More Updates, follow us on: www.linkedin.com/showcase/texpertise-network https://www.instagram.com/techtextil_india/ https://www.facebook.com/techtextilIND https://www.linkedin.com/showcase/techtextil-india/ To View the Image, Click on the Link Below: Techtextil India 2025 to be held at Bombay Exhibition Centre, Mumbai from 19 – 21 November 2025 (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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