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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
    PM Modi to inaugurate Bhogapuram Airport in Andhra on Aug 1
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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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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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      UP records highest domestic tourism among states in 2025; fourth in terms of foreigner visits

      December 29, 2025

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      Lucknow, Dec 29 (PTI) Extensive renovation of religious, cultural and historical sites, along with the development of modern tourism infrastructure, have posited Uttar Pradesh as the most popular destination for domestic tourism and in fourth place in terms of foreign tourist arrivals.

      According to data released by the Ministry of Tourism, Government of India, more than 137 crore domestic tourists visited Uttar Pradesh in 2025, besides 3.66 lakh foreign tourists, the state government said in a statement on Monday.

      The most significant contributor to this achievement was the grand Mahakumbh 2025 in Prayagraj, which witnessed a historic footfall of over 66 crore devotees, the statement said, adding that Ayodhya, Varanasi, Mathura Vrindavan and Shravasti have emerged as major tourism hubs.

      New avenues of religious and cultural tourism have developed across the state, the statement asserted, saying regular events organised by the tourism and culture department such as the 'Deepotsav', 'Rangotsav', 'Dev Deepawali' and 'Magh Mela' have become major attractions for tourists from India and abroad.

      Uttar Pradesh has always been a vital centre of Indian culture and history, but tourism destinations that remained neglected before 2017 have been revived and transformed under the leadership of Chief Minister Yogi Adityanath, it said.

      Along with restoration, emphasis was laid on strengthening transport, hospitality and connectivity. Improved air connectivity, expanded rail and bus services, and growth of accommodation facilities have led to a significant rise in foreign tourist arrivals.

      According to statement, in 2025, the state tourism department initiated development projects worth Rs 1,283.33 crore.

      Major projects include beautification of ghats in Varanasi, construction of an integrated circuit house and convention centre, development of the Kalinjar integrated route in Chitrakoot, and creation of tourist facility centres along the Ram Van Gaman Marg.

      Restoration work is in progress at Bhagwanpur Temple in Moradabad, Ajitashram Yog Kunj in Shahjahanpur, Valmiki Nagar's Lav Kush Kuti, Tretayug Bhoomi Kuti, Bharatkothi, Sita Rasoi and Kausalya Sthal.

      Additionally, five new projects worth Rs 7 crore were launched through district tourism units. Under the Mukhyamantri Tourism Development Cooperation Scheme, two projects were approved this year, while four more are set to receive approval soon.

      The tourism department, in co-ordination with other departments, organised several large scale cultural events throughout the year, taking tourism in the state to new heights. The most prominent among them was the Mahakumbh 2025 in Prayagraj, which attracted record numbers of tourists from the country and abroad.

      The grand Deepotsav at Ayodhya broke its own Guinness World Record for the lighting of earthen lamps, while the world's largest Ram Takht showcased during the Ramleela in Varanasi was also recorded in the Guinness Book of World Records.

      Performances such as 'Ram Katha' on the ghats of the Ganga, Kathak dance presentations, 3D holograms and projection mapping created an unforgettable experience for visitors.

      During Holi, events like Rangotsav in the Braj region, 'Chilka Holi' of Ramnagar, Holi of Kashi and 'Lathmar Holi' of Mathura mesmerised tourists.

      In 2025, festivals including 'Ghaghra Mahotsav', 'Brahma Mahotsav', 'Makar Sankranti Mahotsav', 'Dudhi Mela', 'Ghazipur Mahotsav', 'Varanasi Mahotsav' and 'Lalgarh Mela' of Chitrakoot led to a notable rise in tourist numbers, revenue generation and local employment, the official release exalted.

      According to the statement, the Uttar Pradesh Tourism Policy 2022 has ensured multi-dimensional development of tourism in the state. Under this policy, 1,757 tourism units have been registered on the Uttar Pradesh tourism portal while investment proposals worth Rs 37,688.58 crore have been received.

      To promote Uttar Pradesh tourism globally, the department participated in major international platforms including Zurich Travel Mart, Global Travel Market 2025, Paris Fashion Week, GTAC Tokyo Sydney, ITB Asia and FITUR 2025.

      At the national level, the department strengthened its outreach through participation in ITB India, GTA events in Patna, Lucknow, Mumbai, Chennai and Delhi, and Expo Jaipur.

      Focussing on youth empowerment, the tourism department implemented the CM Tourism Fellowship Programme to provide structured training opportunities to young professionals. Youth Tourism Teams were formed in all districts of the state to assist tourists and promote cultural preservation.

      In collaboration with the Centre, the department is also conducting 17 travel and tourism courses, enabling youth to gain employment as tourist guides, air hostesses, cabin crew members and hospitality professionals. In this sequence, Phase 2 of the Convention and Exhibition Centre in Shahjahanpur, developed at a cost of Rs 46 crore, is nearing completion, it said.

      Under the Youth Travel Mart initiative, youth tourism teams provided assistance to tourists in Ayodhya, Bareilly, Chandauli, Shahjahanpur, Varanasi, Farrukhabad, Prayagraj and Lucknow.

      The department also organised school-level quiz and photography competitions across major cities to promote awareness and heritage conservation. On World Tourism Day, students from 11 schools in Lucknow were taken on guided tours of prominent tourist destinations.

      Under the Swadesh Darshan Scheme 2.0 implemented by the Centre, projects such as Azad Park and Knowledge Hub in Prayagraj and the Buddhist Museum in Shravasti are being developed.

      With support from the Ministry of Finance under the Museum and Heritage Cluster Phase 1, development works are underway at sites in Kanpur associated with freedom struggle of 1857, Nawabganj Temple in Sultanpur and Farrukhabad, and Maa Kamakshi Devi Temple in Chitrakoot. An integrated project worth Rs 2.68 crore in Hardoi is nearing completion.

      The Homestay Scheme promoted by the department has boosted self-employment, while rural tourism initiatives have revived folk music, traditional cuisine and local customs, the statement added. PTI NAV ARB ARB

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