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    Fourth Edition of National Conference on Responsible Business Conduct (NCRBC) 2026 Concludes in New Delhi
    DRI seizes 15 kg methamphetamine, 4 kg pseudoephedrine, 85 lakh smuggled cigarettes, and 2 drone-dropped Pakistan-made pistols in nationwide operation...
    DRI intensifies crackdown on precious metals smuggling; seizes 15 kg smuggled gold, 20 kg silver and ₹2 crore cash in nationwide operations; 13 ...
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    Trump wants Iran added to Russia sanctions bill
    HDFC Bank profit rises 5 pc to Rs 19,060 cr in Q1
    Indian-origin woman sentenced to 2 years jail over Covid business loan fraud in UK
    Onion growers welcome agri market near Vadhvan port, urge govt to develop Nashik as export hub
    Vizhinjam port to begin full EXIM operations from Aug 18
    Union Minister of Commerce and Industry Shri Piyush Goyal Engages with Leading Finnish Technology and Industrial Companies to Deepen India–Finland P...
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    India'€™s forex kitty jumps USD 964 mn to USD 675.15 bn
    Rupee rises 14 paise to close at 96.28 against US dollar
    Office of Economic Adviser to Release Revised Index of Core Industries Series with Base Year 2022–23
    Fourth Edition of IICA’s National Conference on Responsible Business Conduct (NCRBC) 2026 held in New Delhi
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    July 20, 2026
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    Responsible business conduct requires credible ESG disclosures, sector-specific reporting, supply-chain due diligence and inclusive MSME participation for sustainable development.
    Responsible business conduct and ESG integration were presented as constitutional and legal obligations connected with environmental protection, social equity, human dignity and sustainable development. ESG was discussed as extending beyond compliance to support resilience, risk management and sustainable innovation. Key priorities included credible, comparable and reliable disclosures; sector-specific reporting responsive to materiality and data gaps; responsible value-chain due diligence; MSME capacity-building; technology-enabled traceability; credible assurance; and rigorous, comparable environmental metrics. Capacity-building, policy research and partnerships were identified as important to advancing inclusive ESG adoption.
    July 20, 2026
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    Intelligence-led anti-smuggling enforcement disrupts narcotics, illicit tobacco and cross-border arms trafficking through coordinated seizures and arrests.
    Intelligence-led operations addressed narcotics smuggling, illicit tobacco trade and cross-border arms trafficking. Methamphetamine allegedly smuggled from Myanmar and pseudoephedrine intended for illegal export were seized, with arrests made under the NDPS Act, 1985. An import container falsely declared as carrying plastic storage boxes contained smuggled foreign-made cigarettes. Drone-dropped parcels containing Pakistan-made pistols were recovered near the international border and handed to jurisdictional police for action under the Arms Act, 1959.
    July 20, 2026
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    Precious-metals smuggling enforcement targets concealed gold transport, illicit sale proceeds and airport insider facilitation networks.
    Organised precious-metals smuggling was targeted through intelligence-led operations involving seizures of foreign-origin gold, silver and cash believed to represent sale proceeds, with arrests of persons allegedly connected with possession, transport and facilitation of smuggled goods. The operations addressed concealment in luggage-frame rods, undergarments and specially fabricated vehicle cavities, and included alleged airport-staff assistance in clandestinely removing smuggled gold during passenger transit.
    July 20, 2026
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    India-EU economic cooperation advances through FTA implementation, investment facilitation, digital partnerships, manufacturing collaboration and market-access discussions across Europe.
    India advanced economic engagement with European partners through discussions on trade, investment, technology cooperation, manufacturing, digital infrastructure and market access. The engagements emphasised early signing and implementation of the India-EU Free Trade Agreement, investment protection, geographical indications, regulatory cooperation and professional mobility. Cooperation initiatives included digital payments interoperability, artificial intelligence, advanced manufacturing, clean energy, cybersecurity, fintech, telecom, research and supply-chain resilience. European businesses were encouraged to establish India as a manufacturing, innovation and export hub, including through opportunities for MSMEs, startups and future-oriented sectors.
    July 19, 2026
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    Russian oil purchase tariffs would target major buyers and sanctions-evasion facilitators, with specified energy, nuclear and cooperation exemptions.
    Proposed United States legislation on Russian sanctions would impose tariffs on imports from countries identified as major purchasers of Russian crude oil or natural gas or leading facilitators of Russian oil-sanctions evasion. It provides for periodic reassessment and tariff adjustment based on purchasing behaviour, while exempting specified reduced natural-gas imports, United States uranium purchases for nuclear and medical needs, and certain nuclear and space cooperation. The revised proposal also addresses sanctions-evasion fleets and Chinese support for Russia's defence industrial base.
    July 18, 2026
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    Corporate governance and asset quality improvements accompany stronger banking profitability amid continuing leadership reappointment considerations.
    Banking-sector performance reporting records higher profitability, improved asset quality and lower provisions for bad loans, although operating profit declined and capital adequacy moderated. Corporate governance developments include appointment of a part-time chairman following the former chairman's resignation and concerns about internal practices. The chairman's prior financial-services role was associated with actions against shell companies and ponzi schemes targeting black-money structures. Reappointment of the managing director and chief executive officer remains subject to committee consideration.
    July 18, 2026
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    Covid business loan fraud involved inflated turnover, duplicate applications, personal diversion, and criminal sentencing with recovery action.
    Covid business loan fraud involved false Bounce Back Loan applications based on inflated turnover, duplicate claims, and false declarations that funds would be used solely for business purposes. The loan proceeds were diverted to personal accounts for personal debts, personal finance, stocks and shares, and transfers between company accounts. The borrower pleaded guilty to fraud offences, received a custodial sentence, and faces recovery proceedings for the fraudulently obtained funds under the Proceeds of Crime Act 2002.
    July 18, 2026
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    Onion export infrastructure: growers seek a Nashik export hub, dedicated terminal and logistics link to global markets.
    Onion growers seek development of Nashik as a National Onion Export Hub linked to the proposed agricultural market near Vadhvan port. The proposed framework includes an onion export terminal, grading, sorting, packing, quality testing and customs-clearance facilities, and rail, container and cold-chain logistics. Additional requests include a stable national onion export policy, support for processing industries, direct farmer producer organisation participation in exports, an export promotion cell, and a training, research and export-guidance centre.
    July 18, 2026
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    EXIM operations at Vizhinjam will establish an international cargo gateway while retaining open-access common-user port services.
    Full export-import (EXIM) operations at Vizhinjam International Seaport are scheduled to commence from August 18, transitioning the port from a transshipment hub into an international cargo gateway. The launch is intended to reduce logistics costs, improve supply-chain efficiency, enhance export competitiveness, and support investment and employment. The port will continue as an open-access, common-user facility serving shipping companies on an equal basis.
    July 18, 2026
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    India-Finland technology cooperation expands across digital infrastructure, sustainable manufacturing, research partnerships, investment, and emerging industrial technologies.
    India-Finland cooperation was advanced through discussions on telecommunications, digital infrastructure, electronics manufacturing, research and development, innovation, clean technologies, advanced materials, and technology transfer. Further priorities included smart urban infrastructure, sustainable construction, advanced manufacturing, localisation, industrial machinery, clean industrial solutions, and investment. The engagements also explored EV charging infrastructure and reinforced business-to-business linkages for long-term cooperation in technology, sustainable manufacturing, research, and investment.
    July 18, 2026
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    Alternative oil export routes aim to reduce Iraq's reliance on the Strait of Hormuz through pipeline investment and regional transit.
    Alternative oil export routes from Iraq are being pursued through agreements to develop pipeline capacity that can reduce reliance on the Strait of Hormuz. Planned pipelines would support larger-scale exports through Syria and Turkey and strengthen energy-security options amid disrupted maritime shipments. Their timing and viability remain uncertain because cross-border construction requires substantial development and coordination. Existing overland shipments through Syria offer a temporary, but less efficient and more costly, route to European markets. Iraq has emphasised its preference for long-term investment partnerships over project-based contracting.
    July 17, 2026
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    Consolidated fraud investigation requires specialised inquiry where an investor complaint forms part of an alleged shell-company network.
    A fraud investigation concerning an alleged real-estate investment scheme was transferred to the Serious Fraud Investigation Office because the named company was stated to be part of a wider alleged shell-company network already under its examination. The FIR was not quashed, as the complainant's individual transaction had not been investigated. A single specialised inquiry was considered necessary to prevent fragmented or conflicting investigations into an allegedly indivisible fraud scheme.
    July 17, 2026
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    Foreign exchange market movement strengthens the rupee as equity gains and possible central-bank support offset oil-price pressure.
    Foreign exchange market movement saw the rupee appreciate against the US dollar, supported by positive domestic equity-market performance, lower US Treasury yields and reported possible central-bank intervention. Elevated West Asia tensions, higher global crude-oil prices and cautious foreign investment flows continued to pressure the currency. Market attention remained focused on global developments, crude-oil movements and foreign institutional investment activity, alongside an increase in foreign-exchange reserves.
    July 17, 2026
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    E-commerce export promotion supports Madhya Pradesh businesses through global marketplace access, exporter readiness, and a cross-border export roadmap.
    A memorandum of understanding supports Madhya Pradesh businesses, including MSMEs, entrepreneurs, direct-to-consumer brands, manufacturers, weavers, artisans and producers, in accessing international customers through the Amazon Global Selling programme. The collaboration will improve e-commerce export awareness, exporter readiness and knowledge sharing, while developing a state export roadmap with policy and infrastructure recommendations. It will also identify interventions relating to logistics, access to finance, payment reconciliation and regulatory enablers for cross-border exports.
    July 17, 2026
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    Russian oil purchase tariffs and tighter visa oversight reshape trade exposure and immigration compliance for foreign nationals.
    Proposed trade tariffs on purchases of Russian oil would target specified countries, including India and China, while exempting European purchasers of Russian gas. Separately, tighter United States visa regulations for international students, exchange visitors and journalists would end a long-standing arrangement allowing indefinite residence without government oversight. The reported changes may materially affect foreign nationals, including Indian nationals, through differentiated trade treatment and enhanced immigration compliance requirements.
    July 17, 2026
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    Clean slate doctrine extinguishes uncrystallised operational claims and pending proceedings once an approved insolvency resolution plan becomes binding.
    The clean slate doctrine under the Insolvency and Bankruptcy Code is described as abating or extinguishing pending civil suits and arbitration involving pre-insolvency operational claims that had not crystallised into determinable and quantifiable amounts before resolution-plan approval. Claims must be submitted to and determined by the resolution professional, and only crystallised claims incorporated in the approved plan remain payable under its prescribed treatment. Once final, the creditor list and approved plan bind all stakeholders.
    July 17, 2026
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    Foreign exchange reserves rose as foreign currency assets, gold, Special Drawing Rights and IMF reserve position increased.
    Foreign exchange reserves increased during the reporting week, principally because foreign currency assets rose. Reserve components include foreign currency assets, gold reserves, Special Drawing Rights and the reserve position with the International Monetary Fund. Foreign currency assets, expressed in dollar terms, reflect valuation effects arising from movements in non-US currencies held in the reserves. Gold reserves, Special Drawing Rights and the reserve position with the International Monetary Fund also increased.
    July 17, 2026
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    Rupee exchange-rate movement stabilised after possible central bank intervention, while oil prices and foreign fund flows sustained pressure.
    The rupee strengthened against the US dollar following four declining sessions, reportedly amid possible Reserve Bank of India intervention. Elevated West Asia tensions, higher crude-oil prices and cautious foreign fund flows continued to weigh on the currency, despite consolidation in the absence of major domestic triggers. Market participants were expected to monitor global developments, crude-oil movements and foreign institutional investor activity for the next directional move.
    July 17, 2026
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    Revised Index of Core Industries adopts a new base year, adds Iron Ore, and aligns production measurement methodology.
    The revised Index of Core Industries adopts 2022-23 as its base year and replaces the 2011-12 series. Its weights are derived from the 2022-23 Index of Industrial Production and redistributed pro rata to total 100. Iron Ore is added as a core industry, expanding the basket to nine industries. The Steel Index will use gross production data for consistency with the Index of Industrial Production. In the Coal sector, only Raw Coal is retained; Coal Middlings and Washed Coal are excluded to prevent double counting.
    July 17, 2026
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    Sustainability reporting discipline requires credible disclosures, board-level integration, data assurance and proportionate ESG implementation across business value chains.
    ESG-led responsible business conduct requires sustainability disclosures that are relevant, comparable, evidence-based and verifiable, supported by reliable systems, internal controls, documentation, traceability and independent examination. Sustainability should be integrated into board-level decision-making, fiduciary responsibilities, risk management and long-term enterprise value. Stronger governance, accountability and data-assurance frameworks are needed to address greenwashing, with proportionate reporting, technology and capacity-building supporting implementation across value chains and MSMEs.

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      Gen Z Heroes: India’s Most Inspiring Young Activist, Writer and Innovator of 2025

      November 14, 2025

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      This Children’s Day, meet India’s most inspiring Gen Z changemakers - Manya Harsha, the eco-warrior; Manikya Sanghi, the mindful author; and Archit Patil, the teen innovator saving mothers’ lives.They truly represent the unstoppable spirit of India’s youth who are using their passion and purpose to build a better tomorrow. Their stories remind us that the future belongs to those who dare to dream big, act fearlessly, and inspire others along the way. MANYA HARSHA - The Gen Z Climate Warrior Turning Waste into Wonders At just 15, Manya Harsha from Bengaluru stands tall as one of India’s most inspiring Gen Z EcoHeroes, proving that age is no barrier to changing the world. Her innovative projects have redefined sustainability and inspired thousands of young minds to act for the planet.

      Manya is the visionary behind Grandma’s Green Weave, an initiative that transforms discarded sarees and bedspreads into beautiful, reusable eco-bags. By upcycling over 2,200 sarees and 230 bedspreads into 28,000 sustainable bags, she not only prevented more than 1.2 tons of textile waste but also empowered local tailors honoring her late grandmother’s eco-conscious spirit. Through her workshops, she has influenced over 25,000 participants, spreading climate awareness and sustainable living practices.

      During the lockdown, Manya turned adversity into innovation with her breakthrough DIY Vegetable Peel Paper. Using onion skins, corn husks, and pea pods, she created vibrant handmade paper that replaces tree-based paper, saving countless trees. Her creativity extended further when she began turning festival waste into paper and packaging wrappers into school stationery like eco-friendly brown-paper pens and seed pencils.

      Through her Back-to-School Workshops, Manya teaches children to make seed pencils and plantable stationery, ensuring sustainability begins at the school desk. As an author of nine nature-themed books and editor of the Sunshine Fortnightly environmental magazine, she continues to promote climate literacy and youth climate action.

      Guided by Swami Vivekananda’s words - “Youth are the pulse of the planet”, Manya Harsha embodies the voice of a generation determined to heal the Earth. Her message is clear and urgent: “The Earth is not for sale. We are the generation that will restore it.” MANIKYA SANGHI - 17 Year Old Bestselling Author, Polymath, and Meditation Practitioner At just 17, Manikya Sanghi is more than a best-selling teenage author—he is an internationally award winning polymath, philatelist, philanthropist and a visionary creator building a literary universe that blends epic fiction, life-skills education, and wisdom gained through meditation. Through his acclaimed Chronicles of Tierra series, award-winning novels, and over 21 books including innovative comics like City Without Water, Manikya’s storytelling goes beyond entertainment to empower and inspire readers of all ages.

      A dedicated meditation practitioner since early childhood, Manikya published his first book at just five and began conceiving Chronicles of Tierra during an advanced meditation session soon after his ninth birthday in 2017. What began as vivid stories in his mind evolved into Wizard (of Sansanadia)—the first novel of the saga—followed by Resurrection, Awakening, and more. His books are available globally across platforms including Pothi, Scholastic, Amazon, Flipkart, and Google Books.

      Manikya credits his creativity, focus, and academic excellence to the daily practice of Sidhshakti Meditations under the guidance of his honourable mentor, and world renowned Spiritual Scientist Sri Maa Sidh Sidhshakti Ji. Allowed on the basis of his solid inner progress at age nine, to advanced practices like Bright Future Meditation and Astral Travel Meditation, he believes these techniques have been the foundation of his clarity in life.

      Meditation, he says, is the silent force behind his transformation from a gifted child author into a polymath and conscious creator. It fuels his purpose—to use storytelling as a medium for upliftment, compassion, and self-realization.

      Through story telling and his other endeavours, Manikya proves that with the right guidance, positive lifestyle, and inner discipline, children can truly unfold their highest potential—and inspire the world through their actions rooted in awareness. You can follow him on Instagram @manikya.official ARCHIT PATIL - The Teen Innovator Revolutionizing Maternal Healthcare with His Life-Saving PPH Cup Archit Patil is a Gen Z hero whose empathy and ingenuity have translated into a life saving medical device for new mothers. Growing up with doctor parents who worked as a gynaecologist and an anaesthesiologist, Archit often accompanied them to the hospital and witnessed both surgical triumphs and the devastation of maternal deaths. That early exposure sparked his curiosity about postpartum haemorrhage and the glaring lack of a reliable method to measure blood loss during childbirth. Motivated to solve this critical gap, he conceived and developed the PPH cup, a device designed to provide precise, real time measurement of post delivery blood loss and to enable timely clinical intervention.

      The idea originated in grade six while working on a science project when he studied menstrual cups and repurposed a spare cup into a prototype using a metal mold. He refined the design with feedback from obstetricians in his parents’ network and subjected the device to safety and toxicity testing at the Indian Drugs Research Laboratory in Pune in March 2020. Made from medical grade silicone, the cup features two ports, one for attaching a blood collection bag and another for suction to remove clots, allowing clinicians to prevent atonic postpartum haemorrhage by maintaining an unobstructed drainage system. The device is reusable after autoclaving and has been adopted by more than fifty hospitals across India, where it is credited with saving mothers’ lives.

      Archit’s work earned him the Pradhan Mantri Rashtriya Bal Puraskar in 2021. He epitomises Gen Z leadership by combining compassion with technical creativity, by tackling a real world healthcare challenge, and by creating an affordable, scalable solution that protects lives.

      As we celebrate these Gen Z Heroes of India, it’s clear that the future is already taking shape in the minds and actions of our youngest changemakers. From eco-warrior Manya Harsha leading a sustainability revolution, to bestselling teenage author Manikya Sanghi inspiring readers through mindful storytelling, and teen innovator Archit Patil transforming healthcare with his life-saving PPH Cup, these young visionaries are redefining what it means to create, lead, and care in the 21st century. Their journeys remind us that India’s youth are not just the leaders of tomorrow. They are the innovators, activists, and creators shaping today. As the world watches this new wave of Gen Z innovation and compassion, one thing is certain: these young icons are building a brighter, greener, and more conscious future for all.

      (Note: This Children’s Day, 2025 The Update India and its partner platforms proudly recognise these extraordinary Gen Z achievers who have been selected after a careful evaluation of their authentic impact, social contribution, innovation, consistency of work, and the positive influence they create among young Indians. Manya Harsha, Manikya Sanghi, and Archit Patil were chosen because their contributions are not symbolic but deeply transformational. Each of them has demonstrated measurable change in their respective fields through dedication, originality, and a genuine desire to serve society. Whether it is sustainability, literature, personal development, or life-saving healthcare innovation, these young leaders embody the values that define India’s future. Their journeys prove that when passion meets purpose, age becomes irrelevant and the youth of India can lead the world with empathy, brilliance, and unstoppable determination.) (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

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