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    Office of Economic Adviser to Release Revised Index of Core Industries Series with Base Year 2022–23
    Fourth Edition of IICA’s National Conference on Responsible Business Conduct (NCRBC) 2026 held in New Delhi
    Reliance promoters raise stake by 0.5 pc through Rs 8,500-9,000 cr worth of share purchases
    US Senate bill seeks 100% tariffs on India, 4 other nations for buying Russian oil
    NRIs can bring USD 70-80 bn into India through FCNR deposits: expert
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    Union Minister of Commerce and Industry, Shri Piyush Goyal Leads High-Level Delegation to Finland to Strengthen Trade and Investment Ties
    India Achieves Major Milestone at Codex Commission with Adoption of Three Global Standards for Spices
    Centre for Trade and Investment Law launches guidebook to help Indian MSMEs expand into global markets
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    JK marks maiden export of premium cherries, plums to Singapore
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    Foreign assets, income details for 2022-24 now available under AIS on income tax portal
    L-G Manoj Sinha reviews donation management systems at J-K's Vaishno Devi shrine
    Bandhan Bank launches EPFO-integrated PF payment service for businesses
    ESDS Launches Swaraj Nandi and Swaraj Hansa, Two Sovereign Enterprise Security Platforms Built Entirely in India
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    July 17, 2026
    Show AI Summary
    Revised Index of Core Industries adopts a new base year, adds Iron Ore, and aligns production measurement methodology.
    The revised Index of Core Industries adopts 2022-23 as its base year and replaces the 2011-12 series. Its weights are derived from the 2022-23 Index of Industrial Production and redistributed pro rata to total 100. Iron Ore is added as a core industry, expanding the basket to nine industries. The Steel Index will use gross production data for consistency with the Index of Industrial Production. In the Coal sector, only Raw Coal is retained; Coal Middlings and Washed Coal are excluded to prevent double counting.
    July 17, 2026
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    Sustainability reporting discipline requires credible disclosures, board-level integration, data assurance and proportionate ESG implementation across business value chains.
    ESG-led responsible business conduct requires sustainability disclosures that are relevant, comparable, evidence-based and verifiable, supported by reliable systems, internal controls, documentation, traceability and independent examination. Sustainability should be integrated into board-level decision-making, fiduciary responsibilities, risk management and long-term enterprise value. Stronger governance, accountability and data-assurance frameworks are needed to address greenwashing, with proportionate reporting, technology and capacity-building supporting implementation across value chains and MSMEs.
    July 17, 2026
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    Promoter shareholding increase through market purchases remains within creeping acquisition limits and signals confidence in long-term growth prospects.
    Promoter and promoter-group shareholding in Reliance Industries Ltd increased by nearly 0.5 percentage points through market purchases during the June quarter. The purchases were reported to be within SEBI creeping acquisition limits, allowing gradual promoter acquisitions without triggering a mandatory open offer where prescribed thresholds are met. The increase may strengthen promoter control and marginally reduce public float, and was characterised as reflecting confidence in long-term growth, earnings trajectory and capital-allocation plans.
    July 17, 2026
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    Tariffs on Russian oil purchasers would target sanctions evasion, with reassessment mechanisms and limited energy-sector exemptions proposed.
    Proposed United States Senate legislation would impose mandatory tariffs on imports from leading purchasers of Russian oil or gas and leading facilitators of Russian oil-sanctions evasion. It provides for periodic reassessment and tariff adjustments, while exempting qualifying countries reducing Russian gas imports. Russian uranium purchases for specified nuclear and medical needs, and certain nuclear and space cooperation activities, would be excluded.
    July 17, 2026
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    Foreign currency non-resident deposits enable overseas Indians to invest foreign earnings while supporting India's foreign-exchange reserves.
    Foreign Currency Non-Resident deposits allow Non-Resident Indians and Persons of Indian Origin to maintain overseas earnings as foreign-currency fixed deposits with Indian banks without conversion into Indian rupees. Banks may offer enhanced interest rates for a limited period under an initiative intended to strengthen foreign-exchange reserves and support the rupee. The framework covers the investment process, regulatory requirements, taxation aspects and advantages for eligible overseas investors.
    July 17, 2026
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    GST compliance management integrates reconciliation, input tax credit support, invoicing and statutory monitoring within an AI-powered enterprise platform.
    The unified cloud platform combines accounting, manufacturing, inventory, procurement, human resources, payroll, compliance, reporting and document management with an embedded AI agent. Its compliance functions include GST validation, purchase-register reconciliation with GSTR-2B, input tax credit support, supplier filing-gap detection, e-invoicing, e-way bills, TDS and statutory due-date tracking. Financial and operational workflows are intended to use common real-time data, with automation for invoices, journal entries, reconciliations, reporting, workflow approvals and compliance-risk monitoring.
    July 17, 2026
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    Institutional trade cooperation expands through industry MoUs, supporting investment, innovation and technology partnerships across strategic economic sectors.
    Bilateral trade and investment cooperation was advanced through ministerial discussions and industry engagements concerning financial markets, innovation, enterprise financing and commercial relations. Two institutional Memoranda of Understanding established mechanisms for industry collaboration and greater business engagement. Sector-specific interactions covered digital and frontier technologies, space, clean energy, bioeconomy, circular economy, infrastructure and advanced manufacturing, focusing on collaboration, investment and technology partnerships.
    July 17, 2026
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    Codex spice standards harmonise quality benchmarks for cardamom, coriander and vanilla, supporting trade consistency, market access and export competitiveness.
    Codex standards for large cardamom, coriander and vanilla establish harmonised international quality benchmarks following review by relevant committees on analytical methods, food additives and food labelling. The standards are intended to promote consistent quality requirements, facilitate trade, improve market access and support export competitiveness. India was also accepted as Co-Chair of an Electronic Working Group developing policy guidance on risk analysis for new food products.
    July 17, 2026
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    Export readiness for MSMEs strengthens global market access through trade intelligence, standards compliance, preferential origin rules and trade remedy awareness.
    Export readiness for Indian MSMEs is supported through practical guidance on identifying export opportunities, market-access requirements, trade intelligence tools, international standards, sustainability requirements and buyer identification. International expansion strategies include using preferential Rules of Origin and cooperation mechanisms under Free Trade Agreements, selecting export destinations, product positioning, diversification and value addition. Trade remedy awareness and guidance on unfair trade practices and import surges, together with institutional support, partnerships and trade-exhibition participation, can strengthen global competitiveness and integration into global value chains.
    July 16, 2026
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    Reciprocal tariff measures and multilateral dispute settlement are pursued in response to contested import duties.
    Reciprocal tariff measures are proposed in response to a new tariff on specified Brazilian imports allegedly involving unfair trade practices. Brazil rejects those allegations and proposes to use its reciprocity-law mechanisms, including reciprocal tariffs and other trade-related countermeasures, while pursuing multilateral dispute settlement. It maintains that trade investigations must conform to multilateral international-trade rules and notes that the tariff may burden exports and increase commercial uncertainty.
    July 16, 2026
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    Section 301 tariff authority offers a procedurally constrained route to replace temporary global import tariffs after emergency powers failed.
    Import-tariff authority is shifting from emergency-based measures to temporary and investigatory powers under the Trade Act of 1974. Section 122 supports a global tariff measure only for a limited period, whereas Section 301 permits tariffs or trade sanctions for unjustifiable, unreasonable, or discriminatory foreign trade practices after required public-comment and hearing procedures. Current Section 301 investigations concern forced-labour imports and alleged overproduction by trading partners. A more rule-bound tariff framework may reduce, but not eliminate, commercial uncertainty, and broad use of Section 301 for near-universal tariffs may face legal challenge.
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    EPFO-integrated provident fund payments streamline statutory compliance through digital banking, with real-time confirmations and instant challan downloads for businesses.
    EPFO-integrated provident fund payment service enables business customers to initiate statutory PF payments through the EPFO portal and complete transactions using the bank's internet banking platform. Real-time transaction confirmations and instant challan downloads support faster processing, cash-flow management and timely compliance with EPFO payment requirements.
    July 16, 2026
    Show AI Summary
    Privileged access governance and explainable security monitoring support auditable, sovereign enterprise cybersecurity across private and air-gapped deployments.
    Swaraj Nandi provides privileged-access management through credential vaulting, automated rotation, Zero-Trust approvals, multi-factor authentication, session recording and audit reporting. Swaraj Hansa provides AI-assisted security information and event management by collecting, correlating and triaging security signals with explainable alerts and human-owned decisions. Both platforms support on-premise, private-cloud and relevant air-gapped deployment models, and their compliance architecture is mapped to the RBI IT Framework, SEBI CSCRF, DPDP Act, PCI-DSS, ISO 27001 and NIST CSF.

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      Experience the Bigger, Bolder and Progressive All-New Kia Seltos launched at Automotive Kia, Hyderabad; Prices Start at RS 10.99 Lakhs

      January 12, 2026

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      Etela Rajender, MP – Malkajgiri and Chennakesava, COO – Automotive Kia launching the all-new Kia Seltos at Automotive Kia showroom at Nagole Hyderabad Engineered for a new generation of SUV buyers, the all-new Kia Seltos elevates design, space, safety and technology to redefine the benchmark in the midsize SUV category • Commanding Presence: The beloved SUV returns with segment leading length at 4,460 mm, enhanced width at 1,830 mm and a longer wheelbase at 2,690 mm • Bold New Design: With Kia’s Opposites United design philosophy - new Kia Digital Tiger Face, Segment-first Automatic Streamline Door Handles, & Dynamic Welcome Function with Ice Cube LED Projector Headlamps • Next-Gen Digital Experience: Segment-best 75.18 cm (30-inch) Trinity Panoramic Display Panel and an immersive Premium Bose 8-speaker audio for a richer in-car engagement • New Platform: India-first global K3 platform delivering enhanced safety and driving refinement • Advanced Safety & Intelligent Drive: Equipped with ADAS Level 2 offering 21 autonomous features for advanced safety and control & a robust 24 Standard Safety Pack Hyderabad, India, 12 January 2026: Kia India today showcased its All-New Kia Seltos at Automotive Kia, Nagole, Hyderabad, offering customers the opportunity to experience the next-generation mid-SUV. Reinforcing Kia’s commitment to design leadership, advanced safety and progressive technology, the All-New Kia Seltos is being launched at a price starting ₹10.99 lakhs (ex-showroom).

      Built on Kia’s global K3 platform, making its India debut, the All-New Kia Seltos represents a clear evolution in scale, sophistication and capability. With segment-leading length at 4,460 mm, enhanced width at 1,830 mm, and longer wheelbase at 2,690 mm, the SUV delivers enhanced road presence, cabin roominess and ride stability, while strengthening its position as a benchmark in the mid-SUV segment.

      The exterior design reflects Kia’s Opposites United philosophy and is highlighted by the new Digital Tiger Face, Ice Cube LED projection headlamps, Star Map LED DRLs and connected LED tail lamps, sporty 18-inch crystal-cut alloy wheels, and first-in-segment automatic streamline door handles, reinforcing a confident and contemporary SUV character. The All-New Kia Seltos will be available in 10 mono-tone colour options, including the two new colours Morning Haze and Magma Red.

      Commenting on the occasion, Atul Sood, Senior Vice President, Sales & Marketing, Kia India said, “The All-New Kia Seltos underlines our commitment to bringing globally competitive, customer-centric products to the Indian market. As a long-standing benchmark in the mid-SUV segment, the new Seltos which is bolder, bigger and progressive, advances significantly in design, safety and technology. With prices starting from ₹ 10.99 lakhs (ex-showroom), it reinforces Kia’s focus on offering strong value while strengthening brand leadership”.

      Commenting on the launch, Rajiv Sanghvi, Executive Director, Automotive Manufacturers Private Limited, said, “Automotive Kia’s position as the largest partners for Kia in India underscores our long-standing commitment to scale, quality, and customer-centricity. AMPL Group remains focused on delivering world-class products and consistently best-in-class ownership experience to its customers. The all-new Seltos, with its global K3 platform, bold design language, and advanced safety and digital features, is well poised to strengthen this journey.” Inside, the All-New Kia Seltos underlines Kia’s mass-premium positioning with a refined and technology-led cabin. Key highlights include a 75.18 cm (30-inch) Trinity Panoramic Display Panel, premium leatherette upholstery, ventilated front seats, a 10-way power-adjustable driver seat with memory, Premium Bose 8-speaker audio system, 64-colour Ambient Mood Lighting and a dual-pane panoramic sunroof, elevating everyday driving experience.

      Safety remains a core focus with the All-New Kia Seltos. Equipped with a robust 24-standard safety package including six airbags, Anti-lock Brake System (ABS), Hill-Start Assist Control (HAC) and more along with a Level-2 ADAS suite with 21 autonomous features, supported by a 360-degree surround view camera and Blind View Monitor, reinforcing occupant protection and driver confidence.

      The All-New Kia Seltos is offered with a versatile powertrain lineup including Smartstream G1.5 Petrol, Smartstream G1.5 T-GDI Petrol and 1.5L CRDi VGT Diesel engine, paired with multiple transmission options - 6MT, 6iMT, IVT, 7DCT and 6AT. Available in four standard trims HTE, HTK, HTX & GTX/X-Line, the All-New Kia Seltos also comes along with four option packs - HTE(O), HTK(O), HTX(A) and GTX(A)/X-Line(A) aligned with Convenience & Styling, Premium, ADAS and X Line design packages tailored to every customer’s needs.

      Manufactured at Kia India’s state-of-the-art Anantapur facility, the All-New Kia Seltos strengthens Kia’s presence in the high-growth mid-SUV segment and underscores the company’s long-term commitment to the Indian market.

      For more details, please visit: All-New Kia Seltos | Brochure Download About Kia India In April 2017, Kia India signed a memorandum of understanding (MOU) with the State Government of Andhra Pradesh, India, to build a new manufacturing facility at Anantapur District. Kia commenced mass production in August 2019 and has an installed annual production capacity of 300,000 units. In April 2021, Kia India reimagined itself in line with its new brand identity, “Movement that Inspires,” aimed at offering customers meaningful experiences backed by innovative products and services. Under the new brand identity, Kia has set out to find ways to achieve new benchmarks and inspire consumers to be more and do more. Till date, Kia India has launched nine vehicles for the Indian market – the Seltos, the Syros, the Sonet, the Carens, the Carnival, the EV6, the EV9, the Carens Clavis, and the all-new Carens Clavis EV. Kia India has completed almost 1.5 million vehicle dispatches from its Anantapur plant, including over 1.2 million domestic sales and over 3.67 lakh exports. With more than 4.95 lakh connected cars on Indian roads, it is among the connected Car leaders in the country. The brand has a widespread network of 821 touchpoints across 369 cities and is focused on strengthening its footprint across the country.

      Visit - Kia India About Automotive Manufacturers Pvt. Ltd. (AMPL): AMPL - one of the country's largest spread automobile retail conglomerates - with a rich experience of 75+ years, operates through 720+ automobile touchpoints across 20 states supported by a dedicated team of over 18,000 expert professionals. The group provides exceptional service and upholds high standards of professionalism. AMPL represents a diverse spectrum of auto segments, including 18 brands in passenger vehicles, light and heavy commercial vehicles, and construction equipment.

      For further media queries, please contact: Kia India: Madhulika Singh Lead – Public Relations 9999673459 / [email protected] Automotive Kia: Vishal Thapa Head - PR & Media Relations [email protected] (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

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