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September 6, 2026
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Food business licensing: Third-party restaurant operators require their own licences and cannot operate under another entity's registration.
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September 6, 2026
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European diesel supply dependence on alternative refiners grows amid constrained exports, weakening transatlantic flows, and restricted shipping routes.
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September 5, 2026
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Tariff-driven inflation and elevated borrowing costs constrain growth, while durable deficit reduction may require spending restraint and tax increases.
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September 5, 2026
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AI data centre development receives state support for a high-capacity campus and accelerated commissioning timetable.
HyperVault's proposed artificial-intelligence data-centre campus in Hyderabad is planned on 264 acres, with investment projected at up to Rs 70,000 crore and capacity of up to 1 GW. The campus is intended to provide high-density, liquid-cooled computing infrastructure for frontier AI companies and hyperscalers. Telangana's Chief Minister sought inauguration by June 2, 2028, while assuring required governmental sanctions and support. The project is estimated to create 7,000 jobs.
September 5, 2026
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Inflated net-worth certificates allegedly enabled secured lending, triggering fraud, breach-of-trust and asset-stripping allegations after default.
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September 5, 2026
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AI data centre infrastructure investment enables phased deployment of high-density, liquid-cooled computing capacity using green and water-neutral design.
HyperVault plans to develop an artificial intelligence data-centre campus on 264 acres in Hyderabad, with capacity of up to 1 GW and investment by HyperVault and its partners of up to Rs 70,000 crore. The facility is intended to provide high-density, liquid-cooled computing infrastructure for frontier AI companies and hyperscalers. Development will proceed in phases according to customer demand and technology requirements, incorporating green-energy use and water-neutral design principles.
September 5, 2026
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Alleged inflation of personal net worth underpins fraud and breach-of-trust accusations over secured corporate lending.
CBI registration of an FIR concerns allegations that inflated personal net-worth certificates were used to secure corporate loan facilities from Life Insurance Corporation Housing Finance Ltd. The lender alleges that the certificates influenced lending decisions, the facilities subsequently defaulted, and later insolvency proceedings disclosed inconsistency between the represented and asserted net-worth figures. Allegations include collusion with borrower entities, false documentation, cheating, misappropriation of loan funds, and breach of lender trust.
September 5, 2026
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Free trade agreement utilisation requires district-level exporter support, rules-of-origin assistance, standards compliance, and coordinated market-access outreach nationwide.
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September 5, 2026
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Automotive localisation and export competitiveness are prioritised through global-standard manufacturing, technology partnerships, sustainable mobility, and government infrastructure support.
Automotive-sector localisation, export expansion and global-standard manufacturing are prioritised to strengthen India's role in global production and trade. Companies are urged to invest in technology, innovation, research and development, use domestic scale for overseas markets, and avoid supplying inferior products domestically. Trade agreements are positioned as channels for market access, technology absorption and exports. Greater indigenisation is encouraged through component localisation, technology collaborations and expanded exports, supported by critical minerals, batteries, indigenous energy sources, research funding, plug-and-play infrastructure and industrial ecosystems.
September 5, 2026
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Circular textile procurement integrates certification, product categories and seller support to expand government markets for recycled materials.
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September 5, 2026
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India-EU Free Trade Agreement promotes tariff reduction, market access, investment resilience, and India-Belgium industrial and skills cooperation.
India-EU Free Trade Agreement is presented as reducing or removing tariffs on more than 95 per cent of Indian and European goods exports while protecting sensitive sectors on both sides. It is intended to expand trade, investment and economic resilience, with the Port of Antwerp-Bruges serving as a major gateway for Indian exports into European markets. India-Belgium cooperation is identified in gems and jewellery, semiconductors, green hydrogen, advanced manufacturing, agriculture and food processing, supported by mutual recognition, workforce mobility, skills development and technology collaboration.
September 5, 2026
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MSME compliance capacity-building programme launches structured learning and workplace training to develop certified paraprofessional support.
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September 5, 2026
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Audit quality advisory committee broadens expert input on assurance, technology, and stakeholder perspectives in oversight.
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September 4, 2026
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September 4, 2026
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Money-laundering allegations: discharge plea attributes airline's financial collapse to macroeconomic conditions and denies loan siphoning through sales agents.
Money-laundering proceedings arising from alleged bank fraud concern claims that loans advanced to an airline were siphoned off. The discharge application attributes the airline's financial collapse to adverse macroeconomic conditions rather than fraudulent conduct or laundering, denies diversion through General Sales Agents, and maintains that related payments were board-approved and disclosed. It also contests the treatment of the bank's outstanding claim as funds received by the founder, while the investigating agency alleges systemic fraud, loan diversion and laundering.
September 4, 2026
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Foreign exchange market conditions supported rupee appreciation, while oil prices and geopolitical tensions limited potential gains.
Foreign exchange market conditions supported the rupee's appreciation by 8 paise to 94.43 against the US dollar, aided by positive domestic equity markets, improved risk appetite, foreign capital inflows and foreign institutional buying. Reserve Bank of India intervention was also cited as support. Elevated crude oil prices, safe-haven dollar demand and United States-Iran tensions were identified as factors limiting further gains. India's foreign exchange reserves increased to a new all-time high during the relevant reporting week.
September 4, 2026
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Offer-for-sale IPO clearance enables existing exchange shareholders to monetise holdings, while sale proceeds remain outside the exchange.
Regulatory clearance permits the National Stock Exchange to proceed with an initial public offering structured wholly as an offer for sale by existing shareholders. The proposed issue does not raise fresh capital, and sale proceeds will accrue to the selling shareholders rather than the exchange. Revised offer documents were required after addition of a selling shareholder, triggering a fresh public-feedback period. The offering follows settlement of co-location and dark-fibre matters and governance and compliance measures addressing regulatory concerns.
September 4, 2026
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Equity market resilience was tempered by profit booking, geopolitical tensions, global rate expectations and domestic liquidity.
Equity markets registered a recovery after four consecutive losing sessions, led by buying in metal, private banking, oil and gas, housing finance, telecommunication, insurance, commodities and financial services shares. The benchmark equity index closed higher, while the broader index recorded a modest gain after retreating from an intraday level above the psychological threshold during the newly introduced Closing Auction Session. Investor sentiment was supported by easing interest-rate concerns, strong earnings momentum, resilient economic growth and domestic demand, but was constrained by profit booking, geopolitical tensions and crude-oil price risks.
September 4, 2026
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Forex reserve management reflects rising foreign currency assets and gold holdings, alongside marginal declines in SDRs and IMF reserve position.
India's foreign exchange reserves increased to a fresh all-time high, supported principally by higher foreign currency assets and gold reserves. Reserve accumulation has continued after concessional foreign-exchange swap initiatives introduced amid local-currency depreciation. Foreign currency assets, expressed in United States dollar terms, also reflect valuation effects from movements in currencies such as the euro, pound and yen. Special drawing rights and the reserve position with the International Monetary Fund declined marginally.
September 4, 2026
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IPO regulatory clearance enables further public issue preparations, with existing shareholders proposing a complete offer for sale.
SEBI's final observations on the proposed initial public offering enable the National Stock Exchange to undertake further public-issue preparations, subject to applicable regulatory requirements. The proposed issue is structured entirely as an offer for sale, under which existing shareholders would divest a portion of their holdings rather than the exchange issuing new shares. The draft red herring prospectus contemplates sale of 14.89 crore shares, representing nearly 6 per cent of the exchange's stake.

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Amid global tariff uncertainties, recycling industry seeks open market to push circular economy

January 21, 2026

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Jaipur, Jan 21 (PTI) Recycling industry leaders have sought an ease of doing cross-border trade, saying that global market access for reusable products is key to the growth of the circular economy.

Global market access remains the highest priority for the recycling industry, particularly for countries like the United States that generate a structural surplus of recycled materials, said Robin Wiener, President of US-based Recycled Materials Association (ReMA).

"The US generates an excess of recycled materials every year. In 2025 alone, this surplus exceeded USD 22 billion across commodities, making export markets critical to industry resilience, investment and innovation," Wiener said at the International Material Recycling Conference (IMRC 2026) here.

Wiener further said that the US-India recycling trade has grown nearly six-fold in the past two decades, and remained unaffected from recent tariff measures, as India did not retaliate against the Donald Trump administration's move to impose high tariffs on US imports in the country.

The US-India recycling trade has grown six-fold in 19 years from USD 375 million at the time of the first industry trade mission to India, she said, adding that India is now the US' third-largest trading partner for recycled materials by volume and value.

"In the past year, the US exported 4.3 million metric tonnes of recycled materials to India, accounting for nearly 14 per cent of total US export volumes and USD 2.3 billion in value, or about 8 per cent of total export value," she said.

Speaking about tariffs faced by the recycling sector, Wiener said that since January 2025, multiple tariff regimes - introduced under different US trade authorities - have increased average tariff rates from around 2 per cent to the peak of nearly 30 per cent, with current levels hovering around 18 per cent.

She welcomed India's decision not to impose retaliatory measures on US recycled material exports, and said that the ongoing bilateral trade negotiations are expected to conclude by the end of the first quarter of 2026.

"So far, recycled material flows between the US and India have not been materially impacted by tariffs, demonstrating the resilience of this trade relationship," Wiener said.

However, she cautioned that export restrictions, rather than tariffs, pose the greater long-term threat.

"There has been pressure to restrict exports of copper, aluminium, nickel, and stainless steel. While proposed copper export controls were successfully pushed back, discussions on aluminium and nickel continue.

"With surplus material available, export restrictions are unnecessary and counterproductive to global circularity," she said.

Besides, Wiener said that the diversity of materials shipped to India "reflects the diversity and scale of Indian manufacturing demand".

"While steel and aluminium tariffs do not directly apply to recycled materials, there is growing concern around downstream products and equipment," she added.

Mir Mujtaba, President, Bureau of Middle East Recycling (BMR), also highlighted the importance of recycling with the region undergoing a structural transformation driven by sustainability mandates, traceability and net-zero commitments.

"The Middle East is not becoming a question mark for the global recycling trade. It is becoming an explanation - an explanation of cleaner, safer and more responsible trade," Mujtaba said.

He said that by 2030-2050, countries across the region, including the UAE, Saudi Arabia and Oman, are targeting net-zero outcomes, positioning recycling as a strategic industry rather than a peripheral activity.

Mujtaba said the alignment between Indian and Middle Eastern policy objectives creates a natural strategic partnership.

"India brings scale, processing expertise and manufacturing depth, while the Middle East offers world-class logistics, capital and policy-driven sustainability. Together, this creates a strategic recycling corridor, not just a trade route," he said.

Amar Singh, Secretary General, Material Recycling Association of India (MRAI), said that India's circular economy has the potential to generate over USD 2 trillion in market value and nearly 10 million jobs by 2050.

He said India has put in place a comprehensive policy ecosystem covering ferrous and non-ferrous recycling.

"Key policies such as the National Steel Policy, Steel Scrap Recycling Policy, PLI scheme for speciality steel and the National Green Hydrogen Mission support value-added steel production and low-carbon transition," Singh said.

Initiatives like the Green Steel Roadmap and Green Steel Taxonomy provide clear direction on decarbonisation, green finance and global competitiveness, he said, adding, "In the non-ferrous segment, frameworks such as the National Non-Ferrous Scrap Recycling Policy 2020 and Aluminium and Copper Circular Economy Vision documents anchor India's recycling roadmap." He also highlighted challenges, including low domestic scrap availability, high dependence on imports, GST distortions and the dominance of the informal sector.

"MRAI has consistently advocated for free flow of scrap, leading to reductions in import duty on several metals, with further reductions - including aluminium - expected," he said.

Sanjay Mehta, President, MRAI, said duty-free access to scrap is essential for India's circular economy ambitions.

"Zero duty on all scrap imports, particularly aluminium, is inevitable. It aligns with India's circular economy and manufacturing goals, and we expect progress within the next 6 to 12 months," he said.

Mehta said MRAI is strengthening its advocacy framework through deeper government engagement, expanded leadership involvement and professional communications support. PTI AG HVA

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