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    L-G Manoj Sinha reviews donation management systems at J-K's Vaishno Devi shrine
    Bandhan Bank launches EPFO-integrated PF payment service for businesses
    ESDS Launches Swaraj Nandi and Swaraj Hansa, Two Sovereign Enterprise Security Platforms Built Entirely in India
    ED raids in Bengal, 3 other states in illegal Bangladeshis, Rohingyas infiltration case
    ED raids in 4 states in illegal Bangladeshis, Rohingyas infiltration case
    TCS opens AI-focused Gemini experience centre in Kolkata
    I-T dept raises Cost Inflation Index to 384 for FY27
    Union Minister of Commerce & Industry, Shri Piyush Goyal Meets European Industry Leaders in Brussels to Deepen India–EU Industrial and Technology Co...
    India-UK CETA and Agreement on Social Security Enter into Force
    PERIODIC LABOUR FORCE SURVEY (PLFS) MONTHLY BULLETIN - June, 2026
    CCI approves acquisition by Opal Bidco Pte. Ltd. of 100% shareholding in STT GDC Pte. Ltd.
    Govt hikes windfall tax on diesel, ATF; cuts levy on petrol exports
    Goods worth USD 140 mn exported on first day of India-UK trade pact coming into effect
    CETA: Export consignment flagged from Bengaluru to UK
    India-EU TTC meet: Goyal says work program on FDI screening concluded
    India logs USD 2.8 bn current account surplus in April-May: RBI data
    Cong leader Baghel alleges BJP links to Mahadev betting app after Ebix Group chairman's arrest
    ED attaches Rs 158-crore assets of Delhi hospital in PMLA probe
    Mahadev app case: Chhattisgarh court sends Ebix chairman Vikas Garg to 10-day ED custody
    Bengal seeks to leverage India-UK CETA, eyes export boost for labour-intensive sectors
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    July 16, 2026
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    Donation management safeguards require transparent accounting, secure precious-metal handling, audits and adherence to prescribed banking and statutory norms.
    Donation-management governance at the Vaishno Devi shrine was reviewed with emphasis on transparency, accountability and compliance with standard operating procedures. The review covered collection, counting, accounting, custody and utilisation of offerings, supported by verification procedures, surveillance, banking safeguards and periodic audits. Security protocols also govern the handling, storage, transportation, processing and refining of precious-metal offerings. The review took place amid a pending complaint alleging irregularities in silver offerings, with complete records sought regarding action taken.
    July 16, 2026
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    EPFO-integrated provident fund payments streamline statutory compliance through digital banking, with real-time confirmations and instant challan downloads for businesses.
    EPFO-integrated provident fund payment service enables business customers to initiate statutory PF payments through the EPFO portal and complete transactions using the bank's internet banking platform. Real-time transaction confirmations and instant challan downloads support faster processing, cash-flow management and timely compliance with EPFO payment requirements.
    July 16, 2026
    Show AI Summary
    Privileged access governance and explainable security monitoring support auditable, sovereign enterprise cybersecurity across private and air-gapped deployments.
    Swaraj Nandi provides privileged-access management through credential vaulting, automated rotation, Zero-Trust approvals, multi-factor authentication, session recording and audit reporting. Swaraj Hansa provides AI-assisted security information and event management by collecting, correlating and triaging security signals with explainable alerts and human-owned decisions. Both platforms support on-premise, private-cloud and relevant air-gapped deployment models, and their compliance architecture is mapped to the RBI IT Framework, SEBI CSCRF, DPDP Act, PCI-DSS, ISO 27001 and NIST CSF.
    July 16, 2026
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    Money-laundering investigation targets alleged foreign-funded network facilitating illegal infiltration, forged identity documents and economic rehabilitation of immigrants.
    A money-laundering investigation examined an alleged syndicate facilitating illegal infiltration, forged Indian identity documents and settlement of Bangladeshi nationals and Rohingyas. Investigators alleged that public charitable trusts receiving foreign contributions channelled funds through multiple bank accounts, mule accounts and layered transactions to support economic rehabilitation through cash assistance, employment and income-generating arrangements. Searches were conducted under the Prevention of Money Laundering Act.
    July 16, 2026
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    Money-laundering investigation examines alleged foreign-funded networks supporting illegal infiltration, forged documents, and economic settlement of migrants.
    A money-laundering investigation concerns an alleged network facilitating illegal entry and settlement of Bangladeshi and Rohingya nationals. The alleged scheme involved forged identity and travel documents, charitable trusts receiving overseas contributions, and diversion of funds through bank accounts, mule accounts and layered transactions. Suspected fund use included settlement support, documentation, employment, cash assistance and income-generating assets. Searches examined the alleged infiltration, documentation and financial-support network.
    July 16, 2026
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    Agentic AI innovation centre enables consumer businesses to co-create, test and scale enterprise AI solutions across operational functions.
    TCS launched a Gemini Experience Centre in Kolkata with Google Cloud to enable consumer businesses to co-create, test and scale AI-led solutions. The centre showcases agentic AI applications for store operations, supply-chain management, omni-channel retail and customer service, serving retail, consumer packaged goods, travel, tourism and hospitality enterprises. The initiative uses Gemini Enterprise-based industry- and context-aware AI agents and seeks to accelerate agentic AI adoption and support movement from AI pilots to enterprise-scale deployment.
    July 16, 2026
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    Cost Inflation Index enables inflation-adjusted long-term capital gains calculations through indexed acquisition cost for eligible capital asset transfers.
    The Cost Inflation Index for financial year 2026-27 is 384 for computing inflation-adjusted long-term capital gains on transfers of capital assets, including immovable property, securities and jewellery. It is used to determine indexed cost of acquisition by adjusting purchase cost for inflation. Long-term classification generally requires holding exceeding 36 months, with stated periods of 24 months for immovable property and unlisted shares and 12 months for listed securities.
    July 16, 2026
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    India-EU industrial and technology cooperation advances through trade facilitation, resilient supply chains, digital innovation and expanded market access.
    India-EU industrial and technology cooperation was advanced through engagements addressing industrial collaboration, technology partnerships, bilateral trade opportunities and business-to-business cooperation. Discussions covered trade facilitation, investment flows, supply-chain resilience, digital innovation, competitiveness and regulatory challenges. The interactions emphasised industry-led growth, greater market access for Indian enterprises and innovation-driven partnerships under the Trade and Technology Council framework.
    July 16, 2026
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    Preferential India-UK trade framework introduces broad zero-duty export access, self-certified origin documentation, and social-security contribution relief for temporary professionals.
    India-United Kingdom CETA entered into force with preferential tariff treatment, including zero-duty access in the United Kingdom for nearly 99 per cent of India's exports. The Agreement covers goods, services and cooperation in customs, digital trade, financial services, telecommunications, intellectual property and professional services. The associated Agreement on Social Security exempts Indian professionals on temporary United Kingdom assignments from double social-security contributions for up to five years. Rules of Origin certification was operationalised through self-certified Certificates of Origin issued on the eCoO 2.0 platform.
    July 16, 2026
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    Labour market indicators showed stable overall participation, employment and unemployment, with marginal urban improvement and softer rural unemployment.
    Monthly labour-market estimates for persons aged 15 years and above, compiled under the Current Weekly Status approach, show stable overall labour-force participation, worker population ratio and unemployment rate in June 2026. Urban labour-force participation and worker population ratio improved marginally, while rural participation and employment remained stable. Female labour-force participation was broadly stable month-on-month. Rural unemployment eased slightly, urban unemployment rose marginally from the preceding month, and urban unemployment declined on a year-on-year basis.
    July 16, 2026
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    Competition clearance governs full acquisition of a data-centre provider alongside co-investor economic interests in the transaction.
    Competition approval concerns Opal Bidco Pte. Ltd.'s acquisition of the entire shareholding in STT GDC Pte. Ltd., a data-centre provider. The transaction also provides for specified co-investors to acquire economic interests in STT GDC on a see-through basis. STT GDC operates in India through an indirect subsidiary and is among multiple data-centre participants active in India.
    July 16, 2026
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    Windfall tax on petroleum exports revises diesel and aviation fuel levies while reducing the petrol export levy.
    Special Additional Excise Duty on petroleum-product exports was revised from 16 July 2026, increasing the levy on diesel and aviation turbine fuel exports while reducing it on petrol exports. Duty rates on petrol and diesel cleared for domestic consumption remained unchanged. The windfall tax framework seeks to support domestic fuel availability and discourage exporters from benefiting from differences between domestic and global fuel prices during elevated crude-oil prices.
    July 15, 2026
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    Duty-free market access under the India-UK trade pact expands exports while preserving safeguards for procurement and policy space.
    The India-UK Comprehensive Economic and Trade Agreement provides duty-free access for nearly 99 per cent of Indian exports and includes reciprocal government-procurement access subject to safeguards. India retains MSME preferences, limits covered procurement to selected central entities, excludes strategic sectors, and applies minimum contract thresholds. The agreement preserves compulsory licensing and permits withdrawal of certain concessions if a future UK carbon tax adversely affects Indian exports. Its gender, SME, environment, and labour chapters contain no dispute-settlement provisions.
    July 15, 2026
    Show AI Summary
    India-UK trade agreement expands duty-free market access and tariff reductions for exports, services, manufacturing and small enterprises.
    India-UK Comprehensive Economic and Trade Agreement (CETA) is stated to provide duty-free access in the UK market for 99 per cent of Indian products and to reduce or eliminate UK import tariffs across key product categories. It is expected to support Karnataka exports in manufacturing, agricultural produce, processed food, electronics, aerospace and medical devices, with certain tariff reductions phased out over time. Mode 1 services provisions are identified as beneficial to Bengaluru's IT industry, while awareness programmes and investment roadshows are proposed to help exporters and attract investment.
    July 15, 2026
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    Foreign investment screening cooperation advances investment flows alongside trade, technology, supply-chain resilience and prospective investment-protection commitments.
    India and the European Union concluded a work programme on foreign direct investment screening, exchanging best practices to facilitate investment flows. Trade and Technology Council cooperation addresses market access, standards harmonisation, supply-chain requirements, deep-tech innovation and critical dependencies. The parties also discussed free trade agreement ratification, World Trade Organization reform, and prospective investment-protection and geographical-indications agreements. The Council provides an institutional mechanism for cooperation on trade, trusted technology and economic security.
    July 15, 2026
    Show AI Summary
    Balance of payments reporting shows a current account surplus despite a wider trade deficit and portfolio investment outflows.
    Balance of payments data for April-May 2026 records a current account surplus, supported by increased net services receipts, higher inward remittances and a marginal reduction in net income outgo. The merchandise trade deficit widened as imports rose more than exports. The overall balance of payments moved into deficit, while net foreign direct investment increased and net foreign portfolio investment recorded a larger net outflow.
    July 15, 2026
    Show AI Summary
    Online betting money laundering investigation examines alleged proxy accounts, simulated salary payments, cross-border routing, and custodial investigation of the money trail.
    Money-laundering allegations concerning an online betting syndicate involve purported routing of betting proceeds through fictitious or proxy bank accounts, simulated salary payments, share-capital investments, and foreign institutional channels. An Ebix Group chairman was arrested in connection with the alleged money trail and remanded for investigation. The investigating agency states that prosecution complaints have been filed and that separate state economic-offence and central investigations address connected cases. Political-link allegations were denied, and the stated laundering assertions remain under investigation.
    July 15, 2026
    Show AI Summary
    Money laundering asset attachment addresses alleged fund diversion through false invoices, inflated construction costs, shell entities and accommodation entries.
    Provisional attachment under the Prevention of Money Laundering Act was undertaken in an alleged financial-fraud investigation involving a hospital company. The allegations concern diversion of company funds through purportedly false medical-implant invoices and inflated hospital-construction costs routed through a related company. Accommodation-entry operators and shell entities were allegedly used to conceal the origin of illicit funds. The proceeding arose from a Serious Fraud Investigation Office chargesheet against the hospital promoters.
    July 15, 2026
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    Money-laundering investigation into online betting proceeds leads to custodial remand amid allegations of layered fund routing.
    A special PMLA court remanded Ebix Group chairman Vikas Garg to Enforcement Directorate custody in an investigation into alleged money laundering linked to online betting operations. The agency alleged that betting proceeds were routed through accommodation entries, shell entities and layered transactions into entities owned or controlled by Garg, and were used to acquire shares, securities and other assets. It also alleged dissipation or encumbrance of Ebix shares and an attempt to mortgage or sell property treated as proceeds of crime.
    July 15, 2026
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    India-UK CETA tariff elimination strengthens export prospects for labour-intensive leather, jute, jewellery and agricultural products in British markets.
    India-UK CETA tariff concessions are expected to improve West Bengal's export competitiveness in the United Kingdom. Duty-free access applies to tea, mangoes and betel leaves, while import duties on jewellery have been removed. Labour-intensive leather, jute, and gems and jewellery sectors are identified as principal beneficiaries, with tariff removal also improving seafood export prospects. Further competitiveness measures are proposed to help exporters use the agreement's trade opportunities.

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      Leo Packers and Movers Celebrates 50 Years of Excellence - A Legacy Reinvented for the Future

      December 11, 2025

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      Bengaluru, 5 November 2025: Leo Packers and Movers proudly marks its 50th anniversary this year, commemorating five decades of unwavering dedication to safe and trusted relocation services across India and beyond. Founded in 1975, Leo has grown from a humble regional enterprise into a forward-looking national brand, grounded in family values, yet evolving for tomorrow’s challenges. “In our family, there’s no line between home and work - Work comes home and home goes to work. Leo is an inseparable part of our everyday lives, whether we’re at the office or on holiday. It’s more than just a business; it’s like a family member - perhaps the most important one.” — Abhay Shah, Director, Leo Packers and Movers (3rd-generation owner) Fifty Years of Trust, Leadership and Future-Ready Innovation Over the past five decades, Leo Packers and Movers has earned a reputation not simply as a moving company, but as a relocation partner that builds lasting relationships with clients. From its early days as a trucking service provider, the company has consistently expanded its offerings to cater to shifting societal needs — home relocations, corporate office moves, vehicle transport, large-scale storage, and international relocations. Key milestones include: • 2005: Expanded operations to achieve a pan-India presence, establishing full-service branches across major cities including Ahmedabad, Chennai, Delhi, Hyderabad, Coimbatore, and Mumbai. • 2007: Strengthened infrastructure and logistics capabilities by investing in large-scale storage facilities, serving both residential and corporate clients with enhanced efficiency. • 2013 - Established a state-of-the-art corporate headquarters in Uttarahalli, Bengaluru, symbolising Leo’s transition into a modern, professionally managed organisation while staying rooted in its family-driven ethos. • 2015: Took early strides in the digital transformation journey, pioneering the use of digital marketing, video-led storytelling, and data-driven SEO initiatives to enhance brand visibility and customer experience. • 2017 - Formed strategic global partnerships to deliver seamless international relocation services, strengthening Leo’s presence across major global mobility corridors and expanding its customer base worldwide. • 2024 - Began the integration of Artificial Intelligence across multiple stages of customer engagement and internal processes, marking the start of Leo’s next phase — a future-ready, technology-enabled relocation service provider. A Family Legacy, Reimagined for Growth For Director Abhay Shah, this anniversary is both a moment of pride and a springboard for future ambition. Having observed his grandfather and father at work from his school-holidays, he joined the business in 2013 after a tenure with a global automotive-R&D team. His return marked a turning point - transitioning Leo from a traditional people-driven enterprise into a process-oriented, technology-savvy relocation business. Abhay acknowledges the challenges: hesitation to embrace new IT systems, an entrenched belief in “we’re always right”, and the risk of moving too fast. Over several years, he introduced changes in measured steps: building capable teams, upgrading vehicles and infrastructure, formalizing processes, and expanding into international relocation. Looking Ahead: The Next Fifty As Leo Packers and Movers enters its next half-century, the company is sharpening its focus on three strategic priorities that will define its future. 1) Digital Enablement: Leo is accelerating its digital transformation through intelligent automation, real-time tracking, AI-driven planning, and data-led decision-making. These initiatives streamline operations, enhance customer experience, and create a future-ready service ecosystem. 2) Sustainability & Innovation: From pioneering reusable moving blankets decades ago to deploying GPS-enabled fleets and developing modular, tech-enabled warehouses, Leo continues to lead with eco-friendly materials, safer packing solutions, and efficient logistics practices. 3) Global Relocation Leadership: With partnerships across 170+ countries and growing international capabilities, Leo is strengthening its global presence and aiming to deliver a seamless, standardised experience for customers relocating anywhere in the world. Together, these pillars reflect Leo’s commitment to evolve with the times while staying true to its founding values - ensuring the next fifty years are marked by innovation, responsibility, and customer-centric excellence. Abhay comments: “We are not just celebrating what we did, but energising what we will do. Leo will remain rooted in the service-ethos of our founder, yet agile, digital and global in outlook. This milestone is not a finish line, but a launch-pad.” About Leo Packers and Movers Established in 1975, Leo Packers and Movers is a third-generation, family-run relocation management company offering home, office and international relocation services, vehicle transport and warehousing across India. With multiple branches and a strong reputation for reliability, transparency and customer-centric execution, Leo is trusted by over a million clients and continues to set new standards in the moving-industry sector. (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI

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