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    JK marks maiden export of premium cherries, plums to Singapore
    Chhattisgarh govt departments owe Rs 3,117 crore in power bills, assembly told
    Rupee weakens 17 paise to settle at 96.42 against US dollar; loses 1.5 pc in four sessions
    India-UK CETA takes effect: First zero-duty Indian coffee, jewellery consignments reach UK shores
    Govt to replace Ordinance by introducing Income-tax (Amendment) Bill in Monsoon session
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    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
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    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
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    July 16, 2026
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    International food-safety and phytosanitary compliance supports premium cherry and plum exports from Jammu and Kashmir to Singapore.
    Export of premium cherries and plums from Jammu and Kashmir to Singapore was facilitated to expand overseas market access for temperate fruits. The produce underwent scientific cultivation, optimum-maturity harvesting, grading, sorting, packing and cold-chain handling in compliance with international food-safety and phytosanitary standards. The initiative highlights quality enhancement, market development, logistics, export-oriented production and improved post-harvest management for horticultural exports.
    July 16, 2026
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    Electricity bill recovery and prepaid departmental billing are presented alongside independent tariff regulation and rooftop solar promotion.
    Electricity-payment arrears were reported against government departments and non-government consumers. Tariffs are determined independently by the State Electricity Regulatory Commission on factors including power-purchase costs, regulatory assets, the distribution company's financial position and public hearings. Recovery from non-government consumers is undertaken under the Electricity Supply Code, while a pre-paid billing system is being implemented for government departments to improve payment compliance. Rooftop solar installations are also being promoted to reduce household electricity bills.
    July 16, 2026
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    Rupee depreciation pressures intensify as elevated crude prices, foreign capital outflows and geopolitical tensions weigh on exchange markets.
    The rupee weakened for a fourth consecutive session amid elevated crude oil prices, a stronger dollar index and foreign capital outflows, with rising oil import costs adding to balance-of-payments pressures. Reserve Bank of India data showed an overall balance-of-payments deficit during the first two months of the fiscal year, although the current account recorded a surplus for April-May 2026. Geopolitical tensions and Strait of Hormuz risks were cited as supporting high crude prices, while possible Reserve Bank intervention could support the rupee.
    July 16, 2026
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    Zero-duty India-UK trade under CETA begins with jewellery and coffee consignments, supported by exporter compliance guidance.
    India-UK CETA introduced a low- or zero-tariff regime covering about 99 per cent of tariff lines for Indian exports to the United Kingdom. Initial zero-duty jewellery and coffee consignments reached the UK under the agreement. CETA is intended to improve market competitiveness, strengthen supply chains and support businesses, exporters, importers and investors. A dedicated facilitation forum and a guide to UK import standards and regulatory requirements support Indian exporters, particularly small and medium enterprises, in navigating the post-CETA trading regime.
    July 16, 2026
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    Foreign investor tax exemptions on government securities are proposed to continue, supporting sovereign debt market liquidity and capital inflows.
    Income-tax exemption for foreign investors in government securities is proposed to continue through the Income-tax (Amendment) Bill, 2026, replacing the corresponding ordinance. The ordinance exempted interest income and capital gains from the sale, exchange or transfer of government securities by foreign investors, effective from 1 April. The measure seeks to attract foreign capital, deepen the sovereign debt market and improve liquidity amid global economic volatility. The legislative agenda also includes MSME reforms concerning delayed-payment redressal, enforcement of arbitral awards and State flexibility in constituting facilitation councils.
    July 16, 2026
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    Foreign asset reporting requires complete Schedule FA and Schedule FSI disclosures despite limited information displayed in the Annual Information Statement.
    Annual Information Statement records for eligible taxpayers include foreign assets and foreign-source income information received through the Automatic Exchange of Information framework. The information is intended to facilitate accurate tax compliance and is not a scrutiny or investigation mechanism. As the displayed data is limited to information received from partner jurisdictions and is not exhaustive, taxpayers must correctly and completely disclose all foreign assets and foreign-source income in Schedule FA and Schedule FSI, whether or not such information appears in the Annual Information Statement.
    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
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    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
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    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.

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      DREAME Unveils 'Whole-Home Smart Living' Strategy in Vietnam, Advancing Toward a Next-Generation Home Infrastructure Brand

      December 18, 2025

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      Evolving from a cleaning-tech champion into a full-home lifestyle brand, DREAME begins with core categories like refrigeration and laundry, using flagship innovation and a structured product portfolio to reshape how Vietnamese families live at home HANOI, Vietnam, Dec. 18, 2025 /PRNewswire/ -- DREAME, a global high-end technology brand, officially unveiled its "Whole-Home Smart Living" strategy for Vietnam on December 16 at a channel conference and product ordering event in Hanoi. While maintaining its leadership in cleaning devices, DREAME is making a systematic move into core home appliance categories such as refrigerators and laundry, positioning Vietnam as one of the key strategic hubs for its whole-home business in Southeast Asia. From cleaning tech to whole-home living Founded in 2017, DREAME has built its core strengths on high-speed digital motors, intelligent algorithms and bionic robotic arms, quickly establishing a leading position in smart cleaning. The company's business now spans more than 100 countries and regions, with over 6,000 offline stores and tens of millions of households served, and has achieved No. 1 market share positions in cleaning appliance categories in multiple countries and regions around the world. "Today, Dreame Technology has grown into a global high-end technology brand, with its portfolio spanning high-end smart home appliances, smart vehicles, smart kitchen appliances, smart cleaning devices, outdoor smart equipment and personal care products. We aim to free users' hands through technology, so they can devote more time and energy to themselves and to enjoying life," said Director of DREAME Southeast Asia, Jacky Zhong. "Vietnam is one of the most dynamic and strategically important markets in our whole-home roadmap – with young consumers, an open channel ecosystem and a strong desire to upgrade their quality of life." Refrigeration and laundry as the "infrastructure layer" of the modern home Within the "Whole-Home Smart Living" strategy, refrigerators and washing machines are seen as the "infrastructure layer" for DREAME's entry into core home appliance categories in Vietnam – not just individual products, but systems that determine the rhythm and quality of daily life. In refrigeration, DREAME has built an architecture centered on the Z-Fresh flagship series, C-Fresh Slim series and Mega Pro series, designed around different kitchen layouts and household needs. In laundry, it has structured a portfolio built around the L9 AI Dual Inverter washer-dryer set, the P Series front-load range and the D3/V3 top-load series, creating a layered care system from premium to mass-market households. At the same time, DREAME also showcased innovation across additional categories – the Aura Mini LED 4K S100 TV, X-wind air conditioner, HZ602 range hood + EZ60 bridge induction hob, and the DZ401 Pro dishwasher – laying the product and technology foundations for future whole-home deployments in Vietnam: • The Aura Mini LED 4K S100 TV adopts a QLED + Mini LED backlight solution with full-array local dimming and a peak brightness of up to 1000 nits. Together with HDR, Dolby Vision and the in-house Dreamind™ Pro AI processor, it delivers higher contrast, richer colors and sharper details. The built-in Dreame Master acoustic system incorporates a full soundbar, a hidden Ultra Drum subwoofer and four up-firing speakers, for a total of 11 drivers and peak power of up to 70W, creating an immersive Dolby Atmos experience that truly turns the living room into a home cinema. • The X-wind dual robotic air conditioner uses the world's first dual robotic air-deflection arms combined with a Coanda multi-level airflow design, achieving up to 126° wide-angle air delivery and a broad, natural-feeling airflow. It can rapidly cool the room while providing two personalized airflow zones to meet the different comfort needs of adults and children. With the DREAME smart app, users can control the system remotely and link it to their daily routines. • In the kitchen, the HZ602 range hood and EZ60 bridge induction hob work in concert: the hood uses vortex guidance and an air volume of up to 1800 m³/h to provide powerful yet quiet extraction, with gesture control and auto delayed shut-off; the induction hob offers 3600W rapid heating, a flexible bridging zone for large cookware, multiple protections against dry boiling and spills, and one-touch smart cooking modes. The DZ401 Pro standalone dishwasher uses FlexWing multi-directional spray arms and 75°C high-temperature washing, combined with auto door-open and active ventilation, to deliver deep cleaning, energy and water savings, and dry, odor-free storage. Through these core categories, DREAME is moving from a "single hero product" approach toward a systemic layout at the home infrastructure layer, with room to expand into more scenarios and services in the future. A multi-layered product architecture: one brand for different cities and life stages For DREAME, rather than simply claiming "full price coverage", the priority is to build a product architecture that can be flexibly configured along city tiers and evolving household needs. Refrigeration: from flagship kitchens to mainstream homes • Z-Fresh flagship series With FlushFit built-in design as its first key selling point, the Z-Fresh series uses a cabinet depth of around 599 mm and optimized air-duct structure to achieve an almost flush finish with standard cabinetry while still offering more than 500L of usable capacity. The Nebula Grey panel uses a seven-layer mineral fusion process that reproduces the raw texture and cool tones of lunar rock, with light and shadow flowing under the fingertips. A 60-minute fully automated rapid ice-making cycle produces up to 1.2 kg of ice per day, precisely matching ice consumption needs in Southeast Asian households. Dual cooling, –32°C deep freezing and multi-mode FreshFlex variable-temperature drawers flexibly support vegetables and fruits, baby food and soft-freeze storage, meeting the needs of the whole family. • C-Fresh Slim series For space-conscious urban households, C-Fresh positions its approx. 600 mm ultra-slim body as a core selling point, combining a black glass integrated panel, Full-Area Airflow and AI temperature control. Within limited kitchen space, it delivers better cabinet fit, more even cooling and flexible FreshFlex drawers that can switch between vegetables and fruits, baby food and soft-freeze modes. • Mega Pro High-Capacity series Using SpaceBoost™ and other structural innovations, Mega Pro achieves around 409 L or more capacity within standard cabinetry, while maintaining fast and even cooling performance. For mainstream families, it offers a "more space, better storage, more efficient" daily solution with broader pricing bandwidth. Laundry: from high-end systems to everyday volume drivers • L9 AI Dual Inverter washer-dryer set As DREAME's high-end laundry hero, L9 is built around AI wash and dry algorithms, circulating spray and ultra-clean foam technologies. Its 12 kg wash + 10 kg dry capacity covers high-frequency household needs, while dual-inverter heat pump technology and multi-dimensional vibration control balance energy efficiency, noise and fabric care. L9 is positioned as a "system-level" flagship for image-building stores and key outlets. • P Series front-load range (P5 / P3 / P2) The P Series forms DREAME's core front-load lineup: P5 / P3 adopt 4D Handwash technology, with a tilted drum and four-direction tumbling path that simulate hand-washing motion. Combined with large drum diameters, steam wash and multiple temperature settings, they target mid- to high-end families who prioritize both cleanliness and fabric protection. P2 focuses on ultra-slim design and quick washes: 530/580 mm bodies fit standard 600 mm cabinet niches, while 15-minute quick wash and steam hygiene modes serve young urban families and compact apartments with high-frequency, small-load usage. • D3 / V3 top-load series For everyday volume and more mass-market scenarios, D3 and V3 create a top-load matrix spanning large and mid capacities: D3 offers a 14 kg capacity, DD inverter motor, rear control panel and tempered glass lid, emphasizing heavy-duty performance and durability. V3 comes in 9/10/12 kg capacities with 15-minute quick wash and baby-care cycles, designed as a core volume range for regional chains and neighborhood stores. This multi-layered layout means a single DREAME brand can tell the same story of "next-generation home infrastructure" through different product combinations – from high-end showrooms in Ho Chi Minh City and Hanoi, to regional electrical chains, and further into community-level retail. For media, this creates a richer brand narrative; for investors, it signals a longer product and revenue curve, while channel partners and end users can find the right DREAME solution at each stage of their development. In the coming years, DREAME will keep increasing investment in local R&D adaptation, local manufacturing collaboration and service network build-out in Vietnam, positioning the country as a key hub connecting Southeast Asia. The company will gradually introduce more TV, air-conditioning and major kitchen appliance lines, working with local partners to shape an open, future-oriented home appliance ecosystem for the next generation of families. About Dreame Technology Established in 2017, Dreame Technology is an innovative consumer product company that focuses on smart home cleaning appliances with the vision to empower lives through technology. Follow us on Facebook, Instagram, TikTok and Twitter. For more information, visit https://global.dreametech.com/ (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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