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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
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    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
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    Rupee appreciates 7 paise to close at 95.43 against US dollar
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    August 1, 2026
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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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      Autope Launches First of Its Kind Smart Lockers with Mumbai Metro One Across 12 Metro Station in Mumbai; Set to Redefine Daily Commutes and Urban E-Commerce Logistics

      November 25, 2025

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      Mumbai, Maharashtra, India – Business Wire India • Expected to impact approx. 5,00,000 commuters with 996 smart lockers across 12 Mumbai Metro stations. • Leveraging Autope's proven network of 25,000 lockers across 250 Delhi Metro stations. • A strategic step towards integrated urban mobility and India's 'One Nation One App' vision. Autope Payment Solutions Ltd, a fintech company enabling seamless digital payments and services for India’s mass transit ecosystems, today announced the successful launch of its innovative Smart Locker system across 12 Mumbai Metro One stations. The first of its kind initiative, in collaboration with Mumbai Metro One, introduces over 996 state-of-the-art digital lockers to the city's transit network. This comprehensive smart locker deployment marks a significant leap towards revolutionising daily commute convenience, last-mile logistics, and e-commerce delivery for approx. 5 Lakh commuters. These lockers offer more than just secure storage; they represent a crucial link in the future of urban mobility, empowering efficient e-commerce deliveries, enhancing first and last-mile connectivity in logistics and ultimately, making door-to-door logistics more efficient and sustainable for the modern city dweller. Autope is currently in discussion with major e-commerce players in India to further enhance these services. This expansion into Mumbai represents another significant milestone in Autope’s strategic plan to scale smart mobility infrastructure across India, building partnership with Mumbai Metro One. Autope is committed to fostering deep integration of transit operations with payments technology and leveraging data analytics for improved efficiency and passenger experience across the nation. "Our core mission at Autope is to bridge the gap between transportation and financial technology, creating seamless, integrated experiences for urban commuters across India," said Mr. Anurag Bajpai, Founder & Managing Director, Autope Payment Solutions Ltd. "The launch of over 996 Smart Lockers across 12 Mumbai Metro One stations is a pivotal moment in this vision. Building on the robust success and learnings from our Delhi Metro deployment, we are thrilled to bring this advanced, first-of-its-kind solution to Mumbai." Mr. Bajpai further elaborated on the broader vision, stating, "We foresee a future where commuters enjoy unparalleled convenience, with smart lockers serving as vital hubs for package delivery and secure storage within the transit ecosystem. This not only optimizes e-commerce logistics but also significantly reduces congestion and emissions, contributing to a greener, smarter city. Autope is also actively exploring opportunities to extend this successful model to mass transit systems outside of India, envisioning a truly global impact for smart, connected transit solutions." Mr. Shyamantak Choudhury, CEO, Mumbai Metro One, said, “We are delighted to partner with AutoPe to bring smart-locker services to our metro stations. This initiative is yet another step in our journey to modernise Mumbai Metro Line-1 and elevate the everyday experience of our commuters. By enabling commuters to travel lighter and with added peace of mind, we are strengthening our vision of a convenient, tech-enabled and future-ready urban mobility ecosystem for Mumbai.” The Autope Smart Lockers are designed to integrate seamlessly into the bustling metro ecosystem, offering a host of features and benefits for commuters and urban stakeholders: Key Features: • Digital Access: Commuters can conveniently access lockers via a user-friendly app, SMS, or QR code scanning, providing a modern and secure interface. • Multiple Locker Sizes: Available in two main variations: smaller compartments (approx. 5 Kg capacity) and medium compartments (approx. 10 Kg capacity), suitable for parcels, groceries, or personal items. • Affordable & Flexible Use: A flat fee of INR 20 per hour for small boxes and INR 30 per hour for medium lockers ensures accessibility for all commuters. • Secure & Monitored: Ensuring peace of mind, the lockers are equipped with 24x7 CCTV surveillance and OTP-based authentication for secure item drop-off and retrieval. • Versatile Use Cases: Ideal for temporary storage, secure e-commerce and courier deliveries, supporting middle-mile logistics and even brand sampling within transit hubs. Benefits for Commuters and the Urban Ecosystem: • Enhanced Passenger Convenience: Enables metro users to effortlessly pick up online orders or securely store personal belongings while travelling, significantly improving their daily experience and saving time. • Sustainability: By consolidating deliveries at metro stations, the Smart Lockers contribute to lowering last-mile emissions, promoting greener urban logistics and reducing urban traffic congestion. • Brand Engagement: Creates a visible, high-footfall touchpoint for retail and delivery partners, fostering new commercial opportunities within the metro's ecosystem. • Improved Commuter Experience: Further enhances the metro's ecosystem of services, making public transport an even more attractive, efficient, and integrated option for citizens. Autope's proven track record of innovation and scale is best exemplified by its success with the Delhi Metro. There, Autope has managed smart lockers across 250 stations, totalling 25,000 lockers, for over 1.5 years. Autope's technology also powers the Delhi Metro Sarathi app, integrating smart lockers, digital screens at metro stations, last-mile connectivity solutions, and newer versions of ticketing, demonstrating its deep expertise in high-volume, mission-critical transit environments. Autope's robust, transit-optimized payment infrastructure, which underpins the Smart Locker system, ensures secure, real-time transactions and seamless integration with the broader mobility network. This initiative aligns perfectly with India's broader smart city initiatives and the "One Nation One App" vision, demonstrating Autope’s capability to deliver scalable, interoperable solutions for high-volume, mission-critical environments. While plans to cover all other metro lines in Mumbai are not yet finalized, this successful launch across 12 stations lays robust groundwork for future expansion and integrated urban solutions. Building on its successful projects with the Delhi Metro, Autope is actively expanding its other offerings, which include advanced ticketing solutions, last-mile connectivity, innovations in payments, and non-fare revenue solutions, to other metros across India and beyond, showcasing its capability to deliver scalable, interoperable solutions for future urban mobility. About Autope Payment Solutions Ltd Autope Payment Solutions Ltd. is a fintech company enabling seamless digital payments and services for India’s mass transit ecosystems. Operating at the intersection of mobility and finance, Autope powers app-based ticketing, fare collection, and wallet integration across metro and public transport systems. Its transit-optimized payment gateway and APIs support multimodal connectivity, digital commerce, and smart city mobility initiatives. Partnering with metro corporations and IRCTC, Autope is shaping the future of urban mobility through secure, interoperable, and sustainable payment infrastructure. Website: Autope Payment Solutions | Leading FinTech Software Solutions Company in India About Mumbai Metro One We at Mumbai Metro One are committed to deliver world-class commuter experience. As the inaugural Metro line in Mumbai, we have transformed the commuter experience nationwide. The substantial increase in ridership can be credited to our unwavering commitment by offering safety, security, cleanliness, reliability and comfort to our valued commuters. With a customer-centric approach and adherence to world-class standards, Mumbai Metro One has emerged as the preferred choice for commuters, advertising brands and retail partners. We express gratitude to Mumbaikars for their ongoing patronage and steadfast support in reaching these significant milestones. Website: www.reliancemumbaimetro.com To View the Image, Click on the Link Below: Metro smart lockers launched to offer commuters secure, quick, and convenient storage and pick up solutions.

      (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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