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    Customs seizes 8 kg gold worth over Rs 11 cr at Kerala airports in one week
    Drill, Baby, Drill: India to fund Rs 650 cr per well for 60 deepsea wells to break its oil import habit
    Punjab GST revenue rises 20 pc to Rs 10,447 crore in April-July: Cheema
    India-China trade through Shipli La resumes after six years
    Odisha's export can reach USD 50 billion by FY 2029-30: Study
    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
    West Bengal GST collection rises 2 pc in July to Rs 5,564 crore
    Gross GST collection kitty swells 15.4 pc to over Rs 2.11 lakh cr in July
    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
    Department of Commerce Holds Workshop on Trade and Sustainable Development Policy Landscape
    GeM Launches 10-Day Celebrations Ahead of 10th Foundation Day, Unveils Commemorative Logo
    All Indian exports of dual-use items comply with international obligations: MEA
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    August 2, 2026
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    Gold smuggling detection targets sophisticated concealment methods through strengthened passenger profiling, intelligence gathering and coordinated investigations into organised networks.
    Gold smuggling detection at Kerala airports led to multiple seizures, registration of cases and arrests in alleged smuggling attempts. Organised networks reportedly use gold in paste or compound forms concealed in clothing, body cavities, aircraft seats and other unconventional locations. Enforcement measures include strengthened passenger profiling, intelligence gathering and inter-agency coordination, while investigations continue to identify associated syndicates and financiers.
    August 2, 2026
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    Offshore exploration funding supports deepwater drilling, shared infrastructure and seismic data to strengthen domestic hydrocarbon production potential.
    The Samudra Manthan National Offshore Exploration Scheme provides direct budgetary support for high-risk deepwater and ultra-deepwater exploratory drilling, subject to cost-sharing and per-well limits. Support is available to eligible operators holding or securing exploration acreage. The scheme also funds offshore data acquisition and shared subsea, receipt and processing infrastructure through a Common Hub Infrastructure model. It is intended to promote risk exploration, improve commercialisation of offshore discoveries and strengthen domestic hydrocarbon production potential within the existing exploration and licensing framework.
    August 1, 2026
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    GST compliance enforcement combines taxpayer refunds, analytics-based fraud detection, cancellation of fake registrations, and recovery of outstanding VAT arrears.
    Punjab attributed increased GST collections to voluntary compliance, intelligence-based enforcement and technology-driven tax administration, while facilitating compliant taxpayers through timely GST refunds. Data analytics, risk profiling and field verification were used to identify tax evasion, bogus billing, fake input tax credit networks and misuse of the GST registration framework. Measures included penalties, cancellation of fraudulent registrations and recovery of long-pending VAT arrears through attachment and auction of defaulters' properties.
    August 1, 2026
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    Cross-border barter trade resumes through Shipki La, subject to permitted goods, time limits, and import-export compliance requirements.
    Cross-border barter trade through Shipki La between India and Tibet resumed after a six-year interruption. Traders may exchange specified goods under a barter arrangement and must return within 72 hours. Traders are required to comply strictly with import-export regulations prescribed by the Union Ministry of Commerce, emphasising transparency and regulatory compliance. Expansion of permitted goods may be pursued through prescribed governmental and external-affairs channels.
    August 1, 2026
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    Export growth projections outline pathways for Odisha to expand merchandise trade through export diversification, MSME support and financing initiatives.
    Export growth projections for Odisha set out base, optimistic and ambitious scenarios through FY 2029-30, based respectively on historical growth, envisaged national export growth, and a larger share of national exports. Odisha's export basket remains concentrated in metals and minerals, led by aluminium products, with China as the principal export destination. Odisha Vision 2047 identifies exports, including MSME contributions, as an economic transformation driver, while export-financing and risk-mitigation initiatives aim to address financing gaps for exporters and MSMEs.
    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
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    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
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    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
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    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
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    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.

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      Global Healthcare Fund Offers $70 Million to Pinnacle Blooms Network to Scale - AI-Powered Child Development Operating System

      December 29, 2025

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      Landmark offer, advised by Yukon Capital, signals surging institutional appetite for developmental health as Pinnacle evaluates term sheets from multiple global investors Hyderabad, Telangana, India & New York, United States – Business Wire India A leading global healthcare investment fund has offered $70 million (USD) to Pinnacle Blooms Network, the flagship pediatric-therapy enterprise of Bharath Healthcare Laboratories Pvt. Ltd. The proposed two-tranche Series A investment—advised by Yukon Capital—would represent one of the largest early-stage financings in child-development infrastructure anywhere in Asia. The offer comes as Pinnacle evaluates strong interest from multiple global institutional investors seeking exposure to the fast-emerging developmental health sector. Pinnacle operates more than 70 multi-disciplinary therapy centres across India - and has delivered over 20 million one-to-one therapy sessions to date. The company's proprietary Pinnacle Child Development Operating System (GPT-OS®) is a multi-patent-filed digital-therapeutic platform that measures, forecasts, and personalises every dimension of a child's developmental journey across speech, motor, cognitive, and behavioural domains. The GPT-OS® architecture integrates modules including Diagnosis, Prognosis, TherapeuticAI®, AbilityScore®, Seven Readiness Indexes®, and TherapySphere™—multi-sensory therapeutic environments designed to accelerate neurological development in children with autism, speech delays, ADHD, and related conditions. Investment Structure The proposed funding is structured in two phases. Phase 1 comprises $70 million for rapid domestic expansion and technology acceleration. Phase 2 envisions a follow-on tranche as Pinnacle expands into Southeast Asia and the GCC. Capital deployment would fund expansion from 70+ to 300 centres within 24 months, R&D acceleration for home-based TherapeuticAI® applications, large-scale manufacturing of TherapySphere™ sensory rooms, and regulatory submissions for international market access. What Leadership Is Saying Aneesh Madhav, Chief Executive Officer, Yukon Capital: "We've advised on healthcare transactions across four continents, and Pinnacle is unlike anything we've seen. They've solved the fundamental problem in developmental health—how do you make therapy measurable, scalable, and accessible without losing the human element? GPT-OS® isn't a feature; it's infrastructure. This is the operating system layer for childhood development globally. The question isn't whether this category will attract institutional capital—it's who will move decisively enough to lead it." Dr. Koti Reddy Saripalli, Founder & Chairman, Bharath Healthcare Laboratories: "Fourteen years ago, we began with one conviction: no parent should ever be told there's nothing more that can be done for their child. Today, we've delivered 20 million therapy sessions, and every single one generated data that makes the next session smarter. What we've built isn't a clinic chain—it's a learning system that compounds. The world has finally recognized that developmental health is not charity; it's essential infrastructure. We're not raising capital to grow. We're raising capital to ensure that every child on earth who needs measurable therapy can access it—starting from their own home." Dr. Sreeja Reddy Saripalli, Co-Founder & Clinical Director, Bharath Healthcare Laboratories: "For too long, parents have been given hope without evidence. They were told 'trust the process' but never shown the progress. We changed that. When a mother watches her dashboard shift from red to yellow to green—when she sees her child's AbilityScore® climb week after week—that's not just data. That's her child's future becoming visible. GPT-OS® has given families something therapy never could before: clarity. And clarity, in the life of a special-needs parent, is everything." Clinical Infrastructure & Standards Pinnacle's 20-million-session dataset is structured to WHO ICD-11, ICF, and ICHI international standards—positioning it as one of the largest coded developmental-health datasets in the world. The company maintains ISO 13485:2016 certification for Quality Management Systems for Medical Devices and ISO/IEC 27001:2022 certification for Information Security Management, with operations aligned to UN Sustainable Development Goal 3 (Good Health & Well-being) and SDG 4 (Quality Education). The company's intellectual property portfolio includes multiple patent applications filed with the Indian Patent Office, protecting its AI-driven therapeutic intelligence systems, multi-sensory environment designs, and real-time developmental scoring methodologies. Clinical Research Programs These include the AbilityScore® Longitudinal Study tracking long-term developmental outcomes, the TherapeuticAI® Effectiveness Study measuring AI-driven therapy optimization, and the TherapySphere™ Sensory Environment Study evaluating multi-sensory intervention outcomes. Additional studies focus on school readiness and mainstream inclusion, parent-led therapy generalization, and the SEVA™ Social Equity Index measuring access across socioeconomic segments. These programs are designed to generate real-world evidence suitable for regulatory submissions and peer-reviewed publication. Growth Trajectory Pinnacle is targeting expansion from 70+ therapy centres today to 300+ within 24 months and 600+ within four years, with projected annual revenue scaling from ₹160+ crore to ₹6,000 crore. Geographic presence will extend beyond India into Southeast Asia and the GCC, while the company's home therapy reach—currently in pilot—will expand to a pan-India OTT platform enabling parent-led intervention at scale. International pilots are under discussion in Indonesia, Vietnam, the Philippines, and the GCC, with the company's Everyday Therapy Programmes™ planned for regional-language deployment via OTT modules and parent-as-co-therapist training. Market Context The transaction interest values the broader Bharath Healthcare group in the high-triple-digit-million-dollar range—reflecting both its physical infrastructure and the software multiples typical of high-growth health-tech platforms. India's developmental health sector remains significantly underserved, with an estimated 3+ million children with autism and tens of millions more requiring speech, occupational, and behavioural therapy. The global paediatric therapy market is projected to exceed $50 billion by 2030, with AI-enabled platforms emerging as the fastest-growing segment. About Pinnacle Blooms Network Pinnacle Blooms Network, a division of Bharath Healthcare Laboratories Pvt. Ltd. (DIPP:DIPP8651, CIN: U74999TG2016PTC113063, MSME:TS20F0009606 ), is India's largest multi-disciplinary paediatric therapy organisation and a DIPP-recognized startup. Founded by Dr. Koti Reddy Saripalli and Dr. Sreeja Reddy Saripalli, the company operates 70+ centres delivering 15+ integrated therapy services—including speech, occupational, ABA, psychological, and special education—through a workforce of 1,600+ certified therapists, over 70% of whom are women, describing the organization as "built by mothers, for families." Pinnacle's therapy protocols and digital resources have reached families across 60+ countries, with services available in 133+ languages including 18+ regional Indian languages, Arabic, and Southeast Asian languages. The company operates India's only 24x7 developmental health helpline - 9100181181, supporting families around the clock in multiple languages. Pinnacle operates a franchise model designed for rapid, capital-efficient expansion—enabling hospitals, wellness centres, and qualified therapists to deploy the GPT-OS® platform under the Pinnacle brand. This asset-light model underpins the company's target of scaling from 70+ to 300 centres within 24 months without proportional capital intensity. Helpline: 9100181181 (24x7) Website: www.pinnacleblooms.org About GPT-OS® Pinnacle's proprietary GPT-OS® platform is the AI-orchestrated child development operating system. Built on 20 million+ therapy sessions and 150+ years of global autism research, it integrates eight core modules: AbilityScore® (a monthly developmental metric functioning as "CIBIL for child development"), Seven Readiness Indexes®, Diagnosis, Prognosis, TherapeuticAI® (AI-powered parent intervention guidance), EverydayTherapyProgramme™ (6 personalised techniques daily from 40,000+ validated interventions), Fusion Module™ (human-in-the-loop therapist oversight), and TherapySphere™ (patent-pending multi-sensory therapy environments). Every therapy session is digitally recorded in the cloud, enabling live streaming for parents, real-time progress tracking via AbilityScore® dashboards, goal-based therapy planning, and transparent, auditable therapy records accessible to families and clinicians. About Yukon Capital Yukon Capital is a healthcare-focused advisory and investment firm guiding growth-stage innovators across life sciences, medical technology, and digital therapeutics. The firm provides strategic, regulatory, and capital-raising expertise to companies advancing global health outcomes. Media Contact Details Siva Satish Vemula, (Nodal Officer, Global Outreach & Expansion Programs), Pinnacle Blooms Network, [email protected] , +91-9100181181, +91-9515889366 To View the Image, Click on the Link Below: The GPT-OS® architecture integrates modules including Diagnosis, Prognosis, TherapeuticAI®, AbilityScore®, Seven Readiness Indexes®, and TherapySphere™—multi-sensory therapeutic environments.

      (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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