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    Government Expands FTAs, Export Promotion Measures to Diversify Export Markets
    PLI Schemes Attract Over ₹2.40 Lakh Crore Investment, Generate More Than 14.15 Lakh Jobs
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    SC to direct CBSE to implement Orissa HC verdict on APAAR consent forms across country
    APEDA Facilitates First Export of 24 MT Frozen French Fries from Uttarakhand to Iraq
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    July 21, 2026
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    Free trade agreements and e-commerce export reforms expand preferential market access, address non-tariff barriers, and support small exporters.
    Export market diversification is advanced through trade agreements, export-promotion measures and capacity building. Free Trade Agreements seek preferential market access, increased trade and investment, and support for labour-intensive exports, while technical barriers to trade provisions and engagement mechanisms address standards, regulatory requirements and non-tariff barriers. Cross-border e-commerce exports are supported through trade-finance and compliance assistance, E-Commerce Export Hubs, District Export Hubs, simplified courier-export procedures, reverse-logistics facilitation, logistics planning, duty-and-tax remission, and MSME export facilitation.
    July 21, 2026
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    Production Linked Incentive Schemes strengthen domestic manufacturing through investment support, export growth, employment generation, monitoring and eligibility reforms.
    Production Linked Incentive Schemes for 14 sectors promote domestic manufacturing, investment, exports, employment and global competitiveness. Overall coordination and monitoring rests with the Department for Promotion of Industry and Internal Trade, while sector-specific implementation is undertaken by the relevant ministries and departments. Implementation is periodically reviewed, with scheme modifications, rationalised guidelines, relaxation of specified eligibility conditions, project monitoring, stakeholder consultation and inter-ministerial issue resolution used to improve uptake and strengthen domestic manufacturing ecosystems.
    July 21, 2026
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    Separate corporate insolvency processes remain contested over foreign asset treatment, specialised resolution needs, and creditors' commercial decision-making.
    Separate corporate insolvency resolution processes for VIL and VOVL are disputed following reversal of an earlier consolidation direction. Independent processes were preferred because the entities operate in distinct sectors and may require specialised resolution, while creditors' choice was treated as commercial wisdom not ordinarily open to tribunal interference. The dispute also concerns whether foreign oil and gas assets should be treated as VIL assets, against the background of VIL's conversion from co-obligor to corporate guarantor to ring-fence those assets from domestic business liabilities.
    July 21, 2026
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    Drone technology collaboration promotes joint manufacturing, technology transfer, rural entrepreneurship and global market access through an integrated industrial ecosystem.
    India-Russia industrial collaboration in drone technology is proposed through engagement on technology transfer, joint manufacturing, research collaboration, investment, exports and global market access. Drone City is presented as an integrated ecosystem covering manufacturing, research and development, testing, certification support, skill development, incubation, warehousing, startup acceleration and international technology partnerships. Its expansion and panchayat-level entrepreneurship programme are expected to create rural drone enterprises and employment in manufacturing, component production, quality control, maintenance, logistics and technical support.
    July 21, 2026
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    WTO trade policy review will assess India's trade measures, transparency framework, reforms, and responses to member questions.
    India's eighth Trade Policy Review under the World Trade Organization framework examines its trade policies and developments during the 2021-2025 review period. The process uses a Government Report and a Secretariat Report and provides a comprehensive peer examination of border and behind-the-border trade measures to promote transparency, predictability and understanding. The review addresses trade agreements, Goods and Services Tax rationalisation, digital trade-facilitation measures, and Member questions on digitisation, MSMEs, women's economic participation, Viksit Bharat and the Atmanirbhar Bharat Abhiyan.
    July 21, 2026
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    Fisheries subsidy disciplines promote sustainable marine resource use while excluding aquaculture and inland fisheries from their scope.
    The WTO Agreement on Fisheries Subsidies disciplines subsidies concerning marine wild-capture fishing and fishing-related activities at sea. It prohibits subsidies linked to illegal, unreported and unregulated fishing and fishing of overfished stocks, promoting conservation and sustainable use of marine resources. Aquaculture and inland fisheries remain outside its scope. India's fisheries management framework is identified as supporting implementation while preserving policy space and safeguarding the interests of traditional and small-scale fishers.
    July 21, 2026
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    Revised Index of Core Industries adopts a new base year, adds iron ore, and revises sector measurement methodology.
    The revised Index of Core Industries series adopts 2022-23 as its base year, replaces the former series and expands coverage to nine industries by including iron ore. Steel is measured using gross production data, while only raw coal is retained to avoid double counting. Weights are derived from the corresponding Index of Industrial Production series and normalised to 100. A geometric-mean linking methodology connects the former and revised series. June 2026 provisional estimates show overall year-on-year ICI growth, led principally by iron ore and electricity.
    July 21, 2026
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    Risk-based export controls exposed alleged pharmaceutical diversion, prompting NDPS enforcement against transnational illicit opioid trafficking networks.
    Risk-based export controls and intelligence-led enforcement under the NDPS Act, 1985 addressed an alleged attempt to divert an export consignment of high-strength Tramadol Hydrochloride tablets into illicit international channels. Enquiries with the International Narcotics Control Board and competent authorities indicated that the declared destination had been misrepresented. The action involved seizure of the consignment and arrests of persons alleged to be connected with the export arrangement and conspiracy. The operation emphasises risk-based profiling, export-control scrutiny, intelligence sharing, and international coordination against pharmaceutical diversion and transnational drug trafficking.
    July 21, 2026
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    Trade tariffs on Canadian goods target alleged discrimination against American automobiles, alcohol and dairy products under trade law.
    United States trade action imposes tariffs on most Canadian goods, citing alleged discriminatory treatment of American automobiles, alcoholic beverages and dairy products. The measures apply to goods previously protected under the United States-Mexico-Canada Agreement, subject to exclusions for energy products, potash, fish and critical minerals. The stated grounds include Canadian retaliatory tariffs, restrictions on American alcohol sales, treatment of dairy imports, and tariffs on certain United States motor vehicles outside preferential trade treatment.
    July 20, 2026
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    Foreign exchange market movement saw rupee depreciation amid geopolitical risk, higher crude prices, stronger dollar conditions and equity outflows.
    Foreign exchange market movement saw the rupee depreciate by 6 paise to close at 96.36 against the US dollar, amid global risk aversion, higher crude oil prices, escalating US-Iran tensions and rising US Treasury yields. Market commentary indicated that anticipated Reserve Bank of India intervention could limit further downside. The report also noted a stronger dollar index, domestic equity-market declines, foreign institutional equity outflows, and an increase in India's foreign exchange reserves.
    July 20, 2026
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    Concessional foreign-exchange swaps incentivise fresh FCNR(B) deposits and foreign borrowings to strengthen balance-of-payments liquidity.
    The concessional foreign-exchange swap facility incentivises fresh FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings to strengthen the balance of payments and support foreign-exchange liquidity. Its availability is time-limited, with FCNR(B) deposits eligible until September 2026 and OFCB and ECB inflows eligible until December 2026. Reported inflows were primarily mobilised through FCNR(B) deposits.
    July 20, 2026
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    Geographical indication recognition protects traditional product identity while supporting rural entrepreneurship, quality maintenance, digital access and artisan market opportunities.
    Geographical Indication recognition is being pursued for additional traditional products from Jharkhand to protect product identity and expand protected regional products. GI recognition supports cultural heritage, rural entrepreneurship and market access for artisans and primary producers. Post-registration measures emphasise product-quality maintenance and digital e-commerce access, alongside skill development, marketing initiatives, rural haats and support for non-farm sectors.
    July 20, 2026
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    Banking sector earnings concerns and geopolitical tensions pressured benchmark equities, while broader markets and selected defensive sectors gained.
    Indian benchmark equity indices declined following heavy selling in major private-sector banking shares amid concerns over weaker net interest margins and quarterly earnings. Banking and financial sector indices were the principal laggards. Renewed United States-Iran tensions, crude-oil concerns, global market weakness and reported foreign institutional investor equity sales added to investor caution. Broader domestic market indices nevertheless closed higher, with selected defensive and infrastructure-linked sectors recording gains.
    July 20, 2026
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    Internal Ombudsman independence strengthens fair customer grievance resolution, prevents escalation, and drives institutional learning from recurring complaint patterns.
    Internal Ombudsmen should independently review qualifying customer grievances to ensure fair, reasonable and timely internal resolution rather than mechanically affirming earlier decisions. Regulated entities should prevent eligible complaints from bypassing Internal Ombudsman review and should assess redress by the quality, transparency and fairness of outcomes, not merely complaint closure. Complaint patterns should be used for root cause analysis and institutional improvements, with Boards and senior management empowering Internal Ombudsmen and treating complaint trends as early-warning information. Technology may support analytics and faster processes but cannot replace judgment, empathy and impartiality.
    July 20, 2026
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    UPI security framework mandates advanced controls, alongside risk-based limits and authentication safeguards to strengthen payment ecosystem resilience.
    Unified Payments Interface is an NPCI-operated payment system authorised under the Payment and Settlement Systems Act, 2007. Cross-border UPI arrangements facilitate person-to-person remittances and person-to-merchant payments through partner institutions in multiple countries. Security measures include risk-based transaction limits, safeguards against unauthorised mobile-number changes and misuse of SMS-based authentication, and enhanced application-security requirements. The Comprehensive UPI Information Security Framework 2025 and Mobile Application Security Framework mandate advanced controls to strengthen UPI ecosystem safety and resilience.
    July 20, 2026
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    Fintech consumer protection strengthens payment security, data safeguards, innovation testing, fraud monitoring, cybercrime reporting, and public awareness mechanisms.
    Fintech regulation and consumer protection are being strengthened through self-regulatory standards, digital payment security controls, personal-data safeguards, regulatory sandbox testing, and cyber-fraud reporting mechanisms. The FinTech self-regulatory organisation framework promotes ethical conduct, market integrity, dispute resolution, transparency, and accountability. Banks must maintain minimum security controls for payment channels, supported by AI and machine-learning fraud monitoring for UPI transactions. Citizens may report cyber incidents and illegal loan apps through designated reporting channels, alongside awareness initiatives on fraud prevention and risk mitigation.
    July 20, 2026
    Show AI Summary
    Homebuyer order enforcement requires developer to deposit recoverable dues with interest, with imprisonment warned for continued non-compliance.
    Final homebuyer compensation and possession-related directions were enforced by requiring the developer and its officials to deposit the entire recoverable amount with annual interest in the court registry within one week. Existing asset freezes were to continue, and continued non-compliance could lead to imprisonment. The purchasers had obtained final regulatory compensation directions, but execution proceedings, notices and warrants had not resulted in payment or possession. Third-party rights and transfer of possession were restrained pending compliance.
    July 20, 2026
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    Foreign-exchange market pressure weakened the rupee as crude prices, geopolitical risk and dollar strength increased, with intervention offering support.
    Foreign-exchange market movement saw the rupee depreciate against the US dollar amid global risk aversion, higher crude oil prices, geopolitical tensions, and rising US Treasury yields. Reserve Bank of India intervention was identified as a potential support mechanism capable of limiting downside pressure. Higher dollar-index levels, domestic equity-market movements, foreign institutional equity outflows, and an increase in India's foreign-exchange reserves were also noted as relevant market conditions.
    July 20, 2026
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    Parental consent in APAAR enrolment requires a genuine opt-out option and compliance with personal data protection safeguards.
    APAAR consent procedures were questioned because a scheme described as voluntary may effectively require Aadhaar enrolment and condition educational access on an academic identifier. The Orissa High Court direction required the model consent form to give parents an express option to refuse consent or opt out before enrolment. Concerns included informed parental consent, withdrawal of consent, long-term storage of children's educational records and privacy protections. Educational circulars remain subject to the Digital Personal Data Protection Act, and any data-processing framework must comply with applicable consent requirements.
    July 20, 2026
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    Agricultural export facilitation supports frozen potato product market access through trade promotion and state logistics assistance for exporters.
    Agricultural export facilitation supported the first export of frozen French fries from Uttarakhand to Iraq, promoting value-added agricultural exports and processed food market access. APEDA assisted the exporter through international trade exhibitions for buyer engagement and market outreach. Logistics costs affecting landlocked-state exports are being addressed through work on a State Agri Export Policy, including transport assistance provisions to improve competitiveness, strengthen export infrastructure and support participation in export-oriented agricultural supply chains.

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      'Won't apologise', Trump says after his racist post about Obamas is deleted after backlash

      February 7, 2026

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      Washington, Feb 7 (AP) US President Donald Trump's racist social media post featuring former President Barack Obama and his wife, Michelle Obama, as primates in a jungle was deleted Friday after a backlash from both Republicans and Democrats who criticised the video as offensive.

      Trump said later on Friday that he won't apologise for the post. "I didn't make a mistake," he said.

      The Republican president's Thursday night post was blamed on a staffer after widespread backlash, from civil rights leaders to veteran Republican senators, for its treatment of the nation's first Black president and first lady. A rare admission of a misstep by the White House, the deletion came hours after press secretary Karoline Leavitt dismissed "fake outrage" over the post. After calls for its removal -- including by Republicans -- the White House said a staffer had posted the video erroneously.

      The post was part of a flurry of overnight activity on Trump's Truth Social account that amplified his false claims that the 2020 election was stolen from him, despite courts around the country and Trump's first-term attorney general finding no evidence of systemic fraud.

      Trump has a record of intensely personal criticism of the Obamas and of using incendiary, sometimes racist, rhetoric -- from feeding the lie that Obama was not a native-born US citizen to crude generalisations about majority-Black countries.

      The post came in the first week of Black History Month and days after a Trump proclamation cited "the contributions of black Americans to our national greatness" and "the American principles of liberty, justice, and equality." An Obama spokeswoman said the former president, a Democrat, had no response.

      An internet meme -------------------- Nearly all of the 62-second clip appears to be from a conservative video alleging deliberate tampering with voting machines in battleground states as 2020 votes were tallied. At the 60-second mark is a quick scene of two jungle primates, with the Obamas' smiling faces imposed on them.

      Those frames originated from a separate video, previously circulated by an influential conservative meme maker. It shows Trump as "King of the Jungle" and depicts Democratic leaders as animals, including Joe Biden, who is white, as a jungle primate eating a banana.

      "This is from an internet meme video depicting President Trump as the King of the Jungle and Democrats as characters from the Lion King," Leavitt said by text.

      Disney's 1994 feature film that Leavitt referenced is set on the savannah, not in the jungle, and it does not include great apes.

      "Please stop the fake outrage and report on something today that actually matters to the American public," Leavitt added.

      By noon, the post had been taken down, with responsibility placed on a Trump subordinate.

      The White House explanation raises questions about control of Trump's social media account, which he's used to levy import taxes, threaten military action, make other announcements and intimidate political rivals. The president often signs his name or initials after policy posts.

      The White House did not immediately respond to an inquiry about how posts are vetted and when the public can know when Trump himself is posting.

      Mark Burns, a pastor and a prominent Trump supporter who is Black, said Friday on X that he'd spoken "directly" with Trump and that he recommended to the president that he fire the staffer who posted the video and publicly condemn what happened.

      "He knows this is wrong, offensive, and unacceptable," Burns posted.

      Congressional Black Caucus Chairwoman Yvette Clarke, D-NY, told The AP she does "not buy the White House's commentary." "If there wasn't a climate, a toxic and racist climate within the White House, we wouldn't see this type of behaviour regardless of who it's coming from," Clarke said, adding that Trump "is a racist, he's a bigot, and he will continue to do things in his presidency to make that known." Condemnation across the political spectrum ------------------------------------------------ Trump and White House social media accounts frequently repost memes and artificial intelligence-generated videos. As Leavitt did Friday, Trump allies typically cast them as humorous.

      This time, condemnations flowed from across the spectrum -- along with demands for an apology that had not come by late afternoon.

      At a Black History Month market in Harlem, the historically Black neighbourhood in New York City, vendor Jacklyn Monk said Trump's post was embarrassing even if it was eventually deleted. "The guy needs help. I'm sorry he's representing our country. ... It's horrible that it was this month, but it would be horrible if it was in March also." In Atlanta, Rev Bernice King, daughter of the assassinated civil rights icon Martin Luther King Jr, resurfaced her father's words, "Yes. I'm Black. I'm proud of it. I'm Black and beautiful." Black Americans, she said, "are beloved of God as postal workers and professors, as a former first lady and president. We are not apes." The US Senate's lone Black Republican, Tim Scott of South Carolina, called on Trump to take down the post. "Praying it was fake because it's the most racist thing I've seen out of this White House," said Scott, who chairs Senate Republicans' midterm campaign arm.

      Another Republican, Sen Roger Wicker of Mississippi, is white but represents the state with the largest percentage of Black residents. Wicker called the post "totally unacceptable" and said the president should apologise.

      Some Republicans who face tough re-elections this November voiced concerns, as well. The result was an unusual cascade of intra-party criticism for a president who has enjoyed a stranglehold over fellow Republicans who stayed silent during previous Trump's controversies for fear of a public spat with the president or losing his endorsement in a future campaign.

      NAACP President Derrick Johnson called the video "utterly despicable" and pointed to Trump's wider political concerns that could help explain Republicans' willingness to speak out. Johnson asserted that Trump is trying anything to distract from economic conditions and attention on the Jeffrey Epstein case files.

      "You know who isn't in the Epstein files? Barack Obama," he said. "You know who actually improved the economy as president? Barack Obama." A long history of racism -------------------------- There is a long history in the US of powerful white figures associating Black people with animals, including apes, in demonstrably false, racist ways. The practice dates to 18th century cultural racism and pseudo-scientific theories used to justify the enslavement of Black people, and later to dehumanise freed Black people as uncivilised threats to white people.

      Thomas Jefferson, author of the Declaration of Independence, wrote in his famous text "Notes on the State of Virginia" that Black women were the preferred sexual partners of orangutans. President Dwight Eisenhower, discussing school desegregation in the 1950s, suggested white parents were rightfully concerned about their daughters being in classrooms with "big Black bucks." Obama, as a candidate and president, was featured as a monkey or other primates on T-shirts and other merchandise.

      In his 2024 campaign, Trump said immigrants were "poisoning the blood of our country," language similar to what Adolf Hitler used to dehumanise Jews in Nazi Germany.

      During his first White House term, Trump called a swath of majority-Black, developing nations "shithole countries." He initially denied saying it but admitted in December 2025 that he did.

      When Obama was in the White House, Trump pushed false claims that the 44th president, who was born in Hawaii, was born in Kenya and constitutionally ineligible to serve. Trump, in interviews that helped endear him to conservatives, demanded that Obama prove he was a "natural-born citizen" as required to become president.

      Obama eventually released birth records, and Trump finally acknowledged during his 2016 campaign, after having won the Republican nomination, that Obama was born in Hawaii. But immediately after, he said, falsely, that his Democratic rival Hillary Clinton started the birtherism attacks. (AP) RUK RUK

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