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    India Must Build Resilient, Globally Integrated Healthcare Supply Chains: Commerce and Industry Minister Shri Piyush Goyal at Bharat Health Global Exp...
    Rupee rises 4 paise to 94.39 against US dollar in early trade
    Jantar Mantar student stir, mass struggles could impact Assembly polls: MA Baby
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    India emerges as key diesel supplier to Europe as Russian, US flows falter
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    Telangana CM urges TCS'' HyperVault to launch its Hyderabad AI data centre by June 2028
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    TCS subsidiary HyperVault to invest Rs 70,000 cr to develop Hyderabad AI data centre
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    Union Minister of Commerce & Industry Shri Piyush Goyal Calls for Nationwide FTA Utilisation Drive to Expand India’s Global Trade Footprint
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    India–EU FTA Opens Huge Opportunities for Farmers, MSMEs, Innovators, Startups and Businesses in India and Europe: Commerce and Industry Minister Sh...
    First Batch of Corporate Mitra Course Commences with 2879 Learners registered
    NFRA Constitutes Advisory Committee on Audit Quality, Assurance and Technology
    ED arrests ex-panchayat CEO who allotted govt funds for fake marriages during COVID lockdown
    Goyal blames market conditions for Jet Airways' downfall; ED says he 'bled airline to death'
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September 7, 2026
Show AI Summary
Healthcare supply-chain resilience requires diversified sourcing, global investment, domestic innovation, and stronger medical-device production supported by enabling infrastructure.
Healthcare supply-chain resilience requires diversified sourcing, restoration of domestic capacity in Active Pharmaceutical Ingredients and Key Starting Materials, and continued imports where necessary through multiple suppliers and geographies. Pharmaceutical industry growth should move beyond generics towards research, development, patented products, new molecules, biosimilars and biotechnology. Regulatory convergence should support clinical trials, patenting and new-product introduction. Government support is contemplated for medical value travel, healthcare infrastructure, bulk drug parks, plug-and-play facilities, medical-device component production and scientific validation of Ayush products.
September 7, 2026
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Foreign exchange market pressures offset rupee support from FCNR inflows amid higher crude oil and dollar demand.
The rupee gained marginally against the US dollar, supported by FCNR-related dollar inflows and robust liquidity. Elevated Brent crude prices, safe-haven dollar demand and geopolitical tensions constrained this support. Higher oil prices may enlarge India's import bill, increase dollar demand and pressure the rupee, although rising foreign-exchange reserves indicated external-sector strength.
September 6, 2026
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Census data privacy and electoral integrity concerns emerge alongside calls to repeal insolvency law and protect political dissent.
CPI(M) called for repeal of the Insolvency and Bankruptcy Code, alleging that insolvency processes enabled diversion of public resources. It questioned economic growth figures against agricultural weakness, mining contraction, higher input costs, inflation, unemployment and malnutrition. The party also raised Census data privacy concerns over caste-data collection, potential linkage with government databases, and possible implications for citizenship, electoral rolls and future delimitation.
September 6, 2026
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Food business licensing: Third-party restaurant operators require their own licences and cannot operate under another entity's registration.
Food Business Operator licensing requires the entity holding a food licence or registration to itself conduct the licensed food business at the specified premises. A third-party operator cannot operate under another entity's licence or registration and must obtain its own licence or registration. Regulatory notices concerning such arrangements may also address hygiene lapses and structural violations, followed by consideration of the operators' responses.
September 6, 2026
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European diesel supply dependence on alternative refiners grows amid constrained exports, weakening transatlantic flows, and restricted shipping routes.
European diesel supply is becoming increasingly dependent on Indian refining capacity as Russian diesel and gasoil exports remain constrained by export restrictions, refinery disruptions and port outages, while US shipments to Europe have weakened. Alternative supply routes offer limited additional clean-product volumes because reduced tanker crossings and lower ship-to-ship transfers offshore Oman constrain flows through the Strait of Hormuz. Low diesel inventories, seasonal demand and planned refinery maintenance increase exposure to supply disruptions.
September 5, 2026
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Tariff-driven inflation and elevated borrowing costs constrain growth, while durable deficit reduction may require spending restraint and tax increases.
Persistent inflation, elevated interest rates and rising public debt constrain economic growth policy. Tariffs and oil shortages are identified as contributing to inflationary pressures, while lower interest rates could increase money flows and worsen inflation. Tariffs, tax cuts, artificial intelligence productivity gains and anti-fraud measures are advanced as mechanisms to support growth, investment and domestic employment. Fiscal sustainability, however, cannot be achieved through growth alone where social security and healthcare costs exceed revenue growth; deficit reduction may require slower spending, spending reductions and tax increases.
September 5, 2026
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AI data centre development receives state support for a high-capacity campus and accelerated commissioning timetable.
HyperVault's proposed artificial-intelligence data-centre campus in Hyderabad is planned on 264 acres, with investment projected at up to Rs 70,000 crore and capacity of up to 1 GW. The campus is intended to provide high-density, liquid-cooled computing infrastructure for frontier AI companies and hyperscalers. Telangana's Chief Minister sought inauguration by June 2, 2028, while assuring required governmental sanctions and support. The project is estimated to create 7,000 jobs.
September 5, 2026
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Inflated net-worth certificates allegedly enabled secured lending, triggering fraud, breach-of-trust and asset-stripping allegations after default.
Alleged inflation of net-worth certificates is said to have induced approval and disbursal of two corporate loan facilities aggregating Rs 980 crore, each secured by continuing personal guarantees. The facilities subsequently defaulted. The FIR alleges that materially higher net-worth representations made in 2018 were later contradicted during insolvency proceedings, and attributes the lending to collusion among the guarantor, borrower entities and their officers. Allegations include cheating, creation of false documents, misappropriation and misapplication of loan funds, breach of trust, and asset stripping intended to frustrate recovery.
September 5, 2026
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AI data centre infrastructure investment enables phased deployment of high-density, liquid-cooled computing capacity using green and water-neutral design.
HyperVault plans to develop an artificial intelligence data-centre campus on 264 acres in Hyderabad, with capacity of up to 1 GW and investment by HyperVault and its partners of up to Rs 70,000 crore. The facility is intended to provide high-density, liquid-cooled computing infrastructure for frontier AI companies and hyperscalers. Development will proceed in phases according to customer demand and technology requirements, incorporating green-energy use and water-neutral design principles.
September 5, 2026
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Alleged inflation of personal net worth underpins fraud and breach-of-trust accusations over secured corporate lending.
CBI registration of an FIR concerns allegations that inflated personal net-worth certificates were used to secure corporate loan facilities from Life Insurance Corporation Housing Finance Ltd. The lender alleges that the certificates influenced lending decisions, the facilities subsequently defaulted, and later insolvency proceedings disclosed inconsistency between the represented and asserted net-worth figures. Allegations include collusion with borrower entities, false documentation, cheating, misappropriation of loan funds, and breach of lender trust.
September 5, 2026
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Free trade agreement utilisation requires district-level exporter support, rules-of-origin assistance, standards compliance, and coordinated market-access outreach nationwide.
Free Trade Agreement utilisation is to be advanced through coordinated action by central and state governments, sectoral ministries, Export Promotion Councils, industry associations and local export-support institutions. Preferential treatment is assessed against tariff rates faced by competing countries, while export competitiveness depends on scale, quality, customer trust and timely delivery. The Export Promotion Mission supports export credit, digitised compliance and FTA documentation, including rules-of-origin certification. District-level identification of products, clusters, new exporters and practical constraints, supported by workshops and rapid online facilitation, is intended to deepen market access.
September 5, 2026
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Automotive localisation and export competitiveness are prioritised through global-standard manufacturing, technology partnerships, sustainable mobility, and government infrastructure support.
Automotive-sector localisation, export expansion and global-standard manufacturing are prioritised to strengthen India's role in global production and trade. Companies are urged to invest in technology, innovation, research and development, use domestic scale for overseas markets, and avoid supplying inferior products domestically. Trade agreements are positioned as channels for market access, technology absorption and exports. Greater indigenisation is encouraged through component localisation, technology collaborations and expanded exports, supported by critical minerals, batteries, indigenous energy sources, research funding, plug-and-play infrastructure and industrial ecosystems.
September 5, 2026
Show AI Summary
Circular textile procurement integrates certification, product categories and seller support to expand government markets for recycled materials.
Memorandum of Understanding for circular textile procurement links certification, standardisation and public-market access for recycled and upcycled products made from textile waste, scrap and second-hand clothes. The Textiles Committee will identify, verify, certify and recognise eligible producers and support specifications, catalogues and capacity building. Government e Marketplace will create dedicated product categories, onboard sellers, facilitate online market linkages, promote products to government buyers, and provide training and handholding to recyclers and upcyclers.
September 5, 2026
Show AI Summary
India-EU Free Trade Agreement promotes tariff reduction, market access, investment resilience, and India-Belgium industrial and skills cooperation.
India-EU Free Trade Agreement is presented as reducing or removing tariffs on more than 95 per cent of Indian and European goods exports while protecting sensitive sectors on both sides. It is intended to expand trade, investment and economic resilience, with the Port of Antwerp-Bruges serving as a major gateway for Indian exports into European markets. India-Belgium cooperation is identified in gems and jewellery, semiconductors, green hydrogen, advanced manufacturing, agriculture and food processing, supported by mutual recognition, workforce mobility, skills development and technology collaboration.
September 5, 2026
Show AI Summary
MSME compliance capacity-building programme launches structured learning and workplace training to develop certified paraprofessional support.
Corporate Mitra Course has commenced to develop trained and certified paraprofessionals capable of providing affordable business and regulatory compliance support to Micro, Small and Medium Enterprises. The 12-month programme includes six months of structured academic learning and six months of on-the-job training in professional firms. Its digital learning system offers recorded lectures, reference materials, assessments and learner-support facilities. The programme aims to strengthen MSME formalisation, ease of doing business, trust, transparency, accountability and orderly growth.
September 5, 2026
Show AI Summary
Audit quality advisory committee broadens expert input on assurance, technology, and stakeholder perspectives in oversight.
NFRA has constituted an Advisory Committee on Audit Quality, Assurance and Technology under Rules 15 and 16 of the National Financial Reporting Authority Rules, 2018. The Committee will provide expert inputs and suggestions on matters significantly affecting audit quality, while supporting functions relating to awareness of auditing and accounting standards. Its members represent professionals, chief financial officers, audit committees, independent directors, technology experts, regulators and industry.
September 4, 2026
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Money laundering allegations over fraudulent marriage-assistance disbursements prompted investigation into false credentials and ineligible beneficiary payments.
Alleged money laundering arose from fraudulent disbursement of marriage-assistance funds intended for daughters of registered construction workers. The allegations include approvals and releases for suspicious marriage cases, use of bank accounts opened or misused on false credentials, multiple cash withdrawals, and extension of benefits to ineligible persons. Investigation under the Prevention of Money Laundering Act followed an economic-offences FIR concerning suspected misuse of the welfare scheme.
September 4, 2026
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Money-laundering allegations: discharge plea attributes airline's financial collapse to macroeconomic conditions and denies loan siphoning through sales agents.
Money-laundering proceedings arising from alleged bank fraud concern claims that loans advanced to an airline were siphoned off. The discharge application attributes the airline's financial collapse to adverse macroeconomic conditions rather than fraudulent conduct or laundering, denies diversion through General Sales Agents, and maintains that related payments were board-approved and disclosed. It also contests the treatment of the bank's outstanding claim as funds received by the founder, while the investigating agency alleges systemic fraud, loan diversion and laundering.
September 4, 2026
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Foreign exchange market conditions supported rupee appreciation, while oil prices and geopolitical tensions limited potential gains.
Foreign exchange market conditions supported the rupee's appreciation by 8 paise to 94.43 against the US dollar, aided by positive domestic equity markets, improved risk appetite, foreign capital inflows and foreign institutional buying. Reserve Bank of India intervention was also cited as support. Elevated crude oil prices, safe-haven dollar demand and United States-Iran tensions were identified as factors limiting further gains. India's foreign exchange reserves increased to a new all-time high during the relevant reporting week.
September 4, 2026
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Offer-for-sale IPO clearance enables existing exchange shareholders to monetise holdings, while sale proceeds remain outside the exchange.
Regulatory clearance permits the National Stock Exchange to proceed with an initial public offering structured wholly as an offer for sale by existing shareholders. The proposed issue does not raise fresh capital, and sale proceeds will accrue to the selling shareholders rather than the exchange. Revised offer documents were required after addition of a selling shareholder, triggering a fresh public-feedback period. The offering follows settlement of co-location and dark-fibre matters and governance and compliance measures addressing regulatory concerns.

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Customs & Trade

HIGHLIGHTS AT 5 PM

December 12, 2025

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New Delhi, Dec 12 (PTI) Following are the top stories at 5 PM: NATION DEL53 CAB-CENSUS (4.45 PM)

Cabinet nod for Census 2027; Rs 11,718 crore sanctioned New Delhi: Union minister Ashwini Vaishnaw on Friday said the government has approved Rs 11,718 crore for the conduct of the Census of India 2027.

BOM15 MH-4THLD SHIVRAJ PATIL (2.46 PM)

Congress stalwart and Ex-Union minister Shivraj Patil passes away at 90; funeral on Saturday Latur: Veteran Congressman Shivraj Patil, who served as the Lok Sabha Speaker and was Union Home Minister during the 26/11 attacks, passed away at his hometown Latur in Maharashtra on Friday morning, family sources said.

PAR11 LS-LD RAHUL (2.27 PM)

Rahul Gandhi flags issue of air pollution, seeks discussion in LS New Delhi: Leader of the Opposition Rahul Gandhi on Friday said major cities across the country were living under a blanket of poisonous air, and sought a discussion on the issue of air pollution in Lok Sabha.

DEL38 AVI-INDIGO-EXPERT-PROBE (3.48 PM)

IndiGo board ropes in external aviation expert for flight disruption probe Mumbai: IndiGo's board on Friday announced the appointment of an external aviation expert to carry out a root-cause analysis of recent flight disruptions.

CAL13 MN-PRESIDENT-SPEECH (1. 45 PM)

President Murmu urges all communities in Manipur to support efforts for peace, reconciliation Imphal: President Droupadi Murmu on Friday called on all the communities of Manipur to continue the efforts for peace, understanding, and reconciliation and said that the Union government is committed to the well-being and progress of the people of the state.

DEL41 LSQ-MEA-MIDDLE EAST (4.03 PM)

5,945 Indians evacuated from Middle East during last 3 years in view of their safety: Govt New Delhi: Keeping in view their safety and security, the government has evacuated 5,945 Indian nationals from Israel, Iran, Syria and Iraq in the Middle East during the last three years, the Centre informed the Parliament on Friday.

CAL18 AS-ZUBEEN-CHARGESHEET-MURDER (3.10 PM)

Zubeen Garg death: 4 accused charged with murder in SIT chargesheet Guwahati: A Special Investigation Team (SIT), probing into the death of singer Zubeen Garg, on Friday charged four accused with murder in its chargesheet filed in a Guwahati court.

PAR13 LS-ISSUES (3.56 PM)

LS: BJP's Anurag Thakur accuses DMK-led TN govt of 'crushing' sentiments of Hindus New Delhi: BJP leader Anurag Thakur on Friday accused the Tamil Nadu government of contempt of court for cane-charging Hindu devotees taking out a procession at Thiruparankundram temple near Madurai.

DEL25 GOVT-CIC (1.14 PM)

CIC appointments: Govt sources counter Rahul, say 5 of 8 shortlisted names from disadvantaged groups New Delhi: A high-level panel has recommended the names of five people belonging to disadvantaged sections for filling vacancies in the CIC, sources said, dismissing opposition leader Rahul Gandhi's reported claim that the finalised list lacked names from SC, ST, OBC and minority communities.

CAL20 AN-SHAH-BHAGWAT-STATUE (4.02 PM)

Shah, Bhagwat unveil statue of Savarkar in Andamans Sri Vijaya Puram: Union Home Minister Amit Shah and RSS chief Mohan Bhagwat on Friday unveiled a statue of Vinayak Damodar Savarkar at Beodnabad in the Andaman and Nicobar Islands.

CAL10 AS-ACCIDENT-LD SURVIVOR (1.11 PM)

Lone Arunachal accident survivor admitted to Assam hospital in critical condition Dibrugarh/Tinsukia: The lone survivor of the Arunachal Pradesh road accident in which 18 people died, has been admitted to Assam Medical College and Hospital (AMCH) in Dibrugarh in a critical condition, officials said on Friday.

DEL32 RSQ-MGNREGS-DAYS (3.17 PM)

Average 50 days of employment per household provided under MGNREGS in last five years: Govt New Delhi: An average 50 days of employment per household was provided to workers under the Mahatma Gandhi National Employment Guarantee Scheme (MGNREGS) in the last five years, Minister of State for Rural Development Kamlesh Paswan informed the Rajya Sabha on Friday.

BOM16 MH-ASSEMBLY-SCUFFLE-REPORT (3.21 PM)

2 BJP, NCP (SP) supporters get civil custody, barred from entering Vidhan Bhavan over scuffle Nagpur: The Maharashtra legislature's privileges committee on Friday recommended two-day 'civil custody' for two supporters of rival BJP and NCP (SP) MLAs and a ban on their entry in Vidhan Bhavan premises for their involvement in a scuffle during the monsoon session.

CAL19 NL-DZUKOU-FIRE (3.14 PM)

Major wildfire breaks out in Nagaland's Western Dzukou Valley Kohima: A major wildfire broke out in Nagaland's Western Dzukou Valley in Kohima district on Friday, officials said.

CAL14 MN-BIREN-MLAs (2.14 PM)

BJP central leadership has asked party MLAs to reach Delhi for discussion: Biren Singh Imphal: Former Manipur chief minister N Biren Singh on Friday said the BJP central leadership has asked the party MLAs to come to Delhi to discuss issues related to the state.

MDS8 KL-JUSTICE-COURTS-CPIM (12.51 PM)

Some Kerala courts not showing sense of justice expected of them: CPI(M) gen secy Thiruvananthapuram: CPI(M) general secretary M A Baby on Friday said that some courts in Kerala are unable to show the "sense of justice" expected of them by the public in certain cases and termed it as "unfortunate".

MDS12 TN-THIRUPPARANKUNDRAM-BJP(R) (1.59 PM)

Doesn’t augur well for democracy if TN govt aims to appease minorities: BJP chief Chennai: Tamil Nadu BJP chief Nainar Nagenthran has said that it does not augur well for democracy when the state government challenges the authority of the judiciary to appease minorities but accepts judgment only when they are delivered in its favour.

MDS19 KA-ASSEMBLY-AEROSPACE-DEFENCE (4.07 PM)

Dropping land acquisition will not be setback to Aerospace & Defence Park: Minister Belagavi (Karnataka): Karnataka Industries Minister MB Patil on Friday told the Assembly that the state government's decision to drop acquisition of 1,777 acres in Devanahalli near Bengaluru, following farmers' protests, will not be a setback to the Aerospace & Defence Park project there.

BUSINESS DEL33 BIZ-INDIA-RUSSIAN-OIL (3.22 PM)

India's Russian crude imports hit five-month high in Nov; fuel exports to Australia soar New Delhi: India's imports of Russian crude oil rose 4 per cent in November to a five-month high of Euro 2.6 billion, with a large part of the refined fuels produced from it being exported to Australia, a European think tank said.

DEL26 BIZ-CCI-INDIGO (1.15 PM)

Regulator CCI examining whether IndiGo violated competition norms: Official New Delhi: Fair trade watchdog CCI is examining whether the country's largest airline, IndiGo, violated competition norms, a senior official said on Friday amid the carrier facing regulatory scrutiny over significant flight disruptions.

DEL34 CAB-INSURANCE-BILL (3.30 PM)

Cabinet approves bill to hike FDI in insurance sector to 100 pc New Delhi: The Union Cabinet on Friday approved a bill to raise foreign direct investment in the insurance sector to 100 per cent, according to sources.

LEGAL LGD12 SC-KL-MUNAMBAM (3.52 PM)

SC stays Kerala HC order on Munambam land, orders status quo on disputed property New Delhi: The Supreme Court on Friday stayed the Kerala High Court order that said notifying the Munambam land as waqf was a "land-grabbing tactic of the Kerala Waqf Board" and ordered status quo over the property in dispute.

LGD13 SC-KARUR STAMPEDE (4.14 PM)

Karur stampede: SC refuses to modify its direction on suspension of enquiry commission New Delhi: The Supreme Court on Friday turned down Tamil Nadu government's plea to modify its order suspending a one-man enquiry commission and the SIT to look into the Karur stampede in which 41 people were killed saying, "We want everything to be fair and impartial."

LGD10 SC-DEPORTATION-COMMENTARY (2.09 PM)

We are completely immune, says SC, flags half-baked running commentary on pending cases New Delhi: Observing that half-baked truth and ill-informed running commentary on sub-judice cases affects public perception, the Supreme Court on Friday asserted that it is "completely immune" from reporting of cases for the sake of publicity or narrative building.

LGD9 SC-JUDICIARY (1.38 PM)

Don't bring down judiciary by filing such cases: SC on plea challenging its decision on RTE Act New Delhi: Don't bring down the judiciary by filing such cases, the Supreme Court on Friday remarked while expressing strong displeasure over a plea challenging its earlier decision granting exemption to minority schools from the provisions of the Right to Education Act.

FOREIGN FGN35 RUSSIA-FROZEN ASSETS (3.59 PM)

Russia's central bank to approach court amid EU plans to confiscate frozen assets Moscow: Russia's central bank on Friday described the European Union’s decision to freeze its assets as “illegal actions” and threatened to file lawsuits to recover damages. By Vinay Shukla

FGN34 PAK-CM-LD IMRAN (3.08 PM)

Pakistan’s KPK CM alleges Imran Khan subjected to mistreatment in jail Peshawar: Pakistan’s Khyber Pakhtunkhwa province Chief Minister Muhammad Sohaib Afridi on Friday alleged that former prime minister Imran Khan and his wife Bushra Bibi are being subjected to mistreatment in jail.

FES26 SINGAPORE-INDIA-WOMEN (1.33 PM)

High Commission sets up centre in Singapore to help Indian women in distress Singapore: The High Commission in Singapore has opened a One Stop Centre (OSC) as part of the government’s scheme to support Indian women in distress overseas.

* PTI PRK

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