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    Gujarat: Three held for exporting etomidate disguised as aloe vera powder, personal care ingredient
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March 7, 2026
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Illicit export of controlled drug by mislabelling and forged customs papers exposed, forensic testing confirmed substance.
Three individuals were arrested for exporting etomidate by mislabelling consignments as aloe vera powder and a personal care ingredient, using forged customs documents and air cargo from Mumbai; Raman spectrography confirmed etomidate, the suspects admitted contacts with overseas drug-cartel members, and shipments were bound for jurisdictions where etomidate is treated as a controlled or prohibited substance.
March 7, 2026
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Government emergency power to direct refineries ensures LPG supply while domestic cooking gas prices rise.
Domestic cooking gas prices were raised significantly and commercial LPG rates were increased separately; state differentials reflect local tax incidence. The rise was linked to global energy price spikes and supply disruptions through the Strait of Hormuz. The government invoked emergency powers to direct refineries to boost LPG production and indicated petrol and diesel prices will not be raised immediately because state oil companies can absorb short term cost pressures.
March 7, 2026
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Port facilitation measures urged to permit charge waivers and operational steps to manage disruption from West Asia crisis.
The Ministry's Standard Operating Procedure requires each port to appoint a nodal officer as single point of contact to secure timely action and mandates that ports consider, case by case and depending on circumstances, requests for reduction, waiver or remission of charges including storage rent and change of vessel charge; permit storage of Middle East bound cargo as transshipment cargo; allot additional storage; facilitate ad hoc berthing and expedited return movement of export cargo; prioritise perishable cargo handling; and coordinate with Customs and DGFT for implementation.
March 7, 2026
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Export obligation relief extends EO for specified advance and EPCG authorisations without composition fee to aid exporters facing shipping disruptions.
The DGFT has automatically extended the export obligation period, block-wise, for specified advance authorisations and EPCG authorisations expiring between March and May, until August 31, 2026, without payment of the composition fee, supplementing existing foreign trade policy extension mechanisms to assist exporters affected by shipping and supply-chain disruptions.
March 7, 2026
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Vehicle smuggling exposed; arrests follow forged registrations and alleged official complicity, customs pursue custody.
A cross border smuggling scheme brought high end used vehicles from Bhutan into India without payment of Customs duties, re registering them using forged documents; Customs' "Operation Numkhor," aided by state police, led to arrests, seizures and a planned court application for custody to further investigate alleged organiser conduct including involvement of a District Transport Officer and duplicate registrations identified by the auditor.
March 7, 2026
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Emergency powers invoked to boost domestic LPG production amid supply disruptions following Middle East conflict.
Retail LPG prices for household and commercial cylinders were increased, with non subsidised domestic cylinders and Ujjwala beneficiaries affected and commercial cylinders rising by a larger margin; the hikes are attributed to global energy price spikes and supply disruptions via the Strait of Hormuz. To augment domestic supplies, the government invoked Emergency Powers directing refineries to ramp up LPG production, while state taxes continue to cause regional price differences.
March 7, 2026
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Unique Transaction Identifiers mandated for each scheme to improve traceability; notify UIDAI and adopt LITE code where applicable.
REs implementing Aadhaar authentication must embed a Unique Transaction Identifier (up to five alphabetic characters appended to the transaction ID) for each scheme/service/use case, notify UIDAI using the Annexure III format before implementation, and follow Annexure I guidelines; low volume government entities may apply for a LITE Code via their AUA/KUA under the SOP in Annexure II, with secure logging, compliance obligations, and license/penalty consequences if thresholds are exceeded.
March 7, 2026
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SGST reimbursement for film exhibition approved subject to print week limits, ticket price restrictions, and treasury deposit compliance.
Reimbursement of the State Goods and Services Tax (SGST) equivalent for the film is approved subject to conditions: no increase in prevailing entry fees or changes to seating-class capacities; a statewide cumulative print week ceiling limiting the product of prints and weeks and an overall exhibition duration cap of three months; ticket sales must reflect reduction of the SGST component during the notified period; and multiplex/cinema owners must deposit the SGST amount into the treasury following the prescribed procedure.
March 7, 2026
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Free Trade Agreements expansion broadens market access and mobility, protecting sensitive sectors while promoting exports and investment.
India has expanded its network of Free Trade Agreements, implementing bilateral and plurilateral instruments that broaden preferential market access for agriculture, exporters of garments, leather and handicrafts, AYUSH and organic products, and digital services, while introducing mobility and post-study work pathways and measures to catalyse investment; negotiations are described as balancing market access with protections for sensitive sectors and domestic industry to align trade expansion with national self-reliance and economic transformation.
March 7, 2026
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Permission to import Russian-origin oil as a short-term supply waiver allows select deliveries to Indian ports under strict conditions.
The Treasury issued a time-limited authorization allowing sale, delivery and offloading in India of Russian-origin crude oil and petroleum products loaded on vessels on or before March 5, 2026, authorised through April 4, 2026, provided delivery/offloading occurs at an Indian port and the purchaser is an entity organised under Indian law; the general license is narrowly limited to those transactions and does not authorise other transactions prohibited by separate Executive orders or the Iranian Transactions and Sanctions Regulations.
March 7, 2026
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Labor market weakness deepens as employers cut jobs and unemployment rises, complicating monetary policy choices.
Significant net job losses and a rising unemployment rate signal renewed strain in the labour market: employers cut 92,000 jobs in February, pushing the unemployment rate to 4.4 percent and reversing January's stronger payroll gain. Job losses were broad-based across healthcare, restaurants and bars, construction, manufacturing, administrative support, and courier services, while average hourly wages increased modestly year over year.
March 6, 2026
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Free Trade Agreement delivery shifts to implementation, emphasising tariff liberalisation, procurement access and parliamentary ratification.
The Government has shifted focus to operationalising the India-UK Comprehensive Economic and Trade Agreement (CETA), advancing entry-into-force and parliamentary ratification while highlighting tariff liberalisation for UK exports and exclusive access to India's federal procurement market; peers urged attention to implementation mechanics, services and investment gaps, SME support, and comparative analysis with other India agreements.
March 6, 2026
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Supplementary demands for grants approved to enable presentation of upcoming budget estimates and statutory audit reports in the legislature.
The state cabinet approved the presentation of supplementary demands for grants for the current year and the forthcoming year's budget estimates, and authorized laying the Comptroller and Auditor General's audit reports along with the government's Finance and Appropriation Accounts in the legislature, constituting executive clearance for budget supplementation, upcoming fiscal planning, and statutory audit disclosure.
March 6, 2026
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Electricity tariff revision reduces consumer rates while preserving utility financial viability and promoting EV charging affordability.
The Punjab State Electricity Regulatory Commission's 2026-27 tariff order reduces energy and fixed charges across domestic, commercial and industrial categories while maintaining PSPCL's financial viability; it preserves a 300-unit-per-month free domestic entitlement, lowers per-unit and fixed charges for specified load and consumption bands, reclassifies lawyers' chambers to domestic tariff treatment, and sets a low tariff for electric vehicle charging to encourage clean mobility.
March 6, 2026
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Money laundering: Discharge sought after predicate offence closure; enforcement agency ordered to respond to the challenge.
A public representative has moved a discharge application under money laundering law, arguing no money laundering offence is made out because the predicate offence has been closed. The Enforcement Directorate's prosecution follows an FIR alleging that a cooperative bank, after taking possession under SARFAESI, conducted an allegedly undervalued auction of a sugar mill asset based on a questionable valuation and disputed bidder disqualifications, and the court has directed the agency to respond to discharge applications.
March 6, 2026
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Exchange rate risk may rise from prolonged Middle East crisis, potentially stoking inflation and straining energy dependent sectors.
Prolonged Middle East escalation can transmit higher energy prices into the domestic economy, creating exchange rate pressure and inflationary impulses via shipping disruptions and damage to regional energy infrastructure; subdued capital flows and a flight-to-safety may aggravate currency weakness, while energy dependent sectors like fertilisers and petrochemicals face vulnerability. Offsetting these risks are ample foreign exchange reserves, a low current account deficit in H1 FY26, still-moderate inflation, strong GDP momentum, and policy measures-including trade diversification and Budget 2026-27 fiscal-capex initiatives-expected to strengthen external resilience.
March 6, 2026
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Rupee depreciation risks persist as energy-driven pressures and fund outflows may prompt central bank intervention.
Rupee depreciation to 91.82 was driven by rising crude prices, Middle East geopolitical tensions, foreign fund outflows and weak domestic equities; the US allowance for limited Russian oil purchases provided temporary relief. Rating commentary highlighted risks of higher inflation and a wider current account deficit if energy prices remain elevated. Analysts signalled that sustained oil-price spikes could compel stronger central bank intervention in spot and offshore non-deliverable forward markets to contain volatility.
March 6, 2026
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OFAC waiver for stranded Russian oil permits deliveries to Indian entities but legal clarity on dealings with sanctioned entities is sought.
A US Treasury licence allows delivery, sale and offloading of Russian-origin crude and petroleum products loaded before March 5, 2026, to purchasers organised under Indian law until April 4, 2026; it permits purchases of cargoes stranded at sea, including on sanctioned vessels, but is silent on whether transactions with sanctioned entities are allowed, prompting Indian refiners to seek legal opinion while acquiring mainly non sanctioned cargoes to rebuild inventories amid regional supply disruptions.
March 6, 2026
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Inclusive public procurement expands market access for startups, women entrepreneurs and MSEs through digital storefronts and capacity building.
SWAYATT expands direct access of startups, women entrepreneurs, youth, MSEs and SHGs to public procurement via GeM by using digital infrastructure, dedicated storefronts, capacity building and ecosystem partnerships to reduce market entry barriers, improve discoverability among government buyers and promote transparent transactions; GeM reports sustained increases in participation and order volumes for these seller segments over the seven-year period, attributing growth to platform-driven inclusivity, outreach and targeted support measures.
March 6, 2026
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Energy security through alternative fuels faces entrenched petroleum resistance, challenging policy efforts to transition transport to greener fuels.
The article identifies resistance from petroleum interests as a primary obstacle to achieving Energy Security by promoting non-polluting indigenous fuels, compressed bio-gas and other alternative fuels. It describes government commitments to make the transport ecosystem smart, safe and sustainable by 2030 through support for technology, market entry and rural economic benefits, while warning that vested commercial interests may impede regulatory deployment and market scaling of green fuels.

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Cabinet approves construction of Twin Tube TBM road Underwater tunnel 2 Lane each under River Brahmaputra along with provision of Railway infrastructure in one of the tubes, in Assam with total length of 33.7 Km

February 16, 2026

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The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, yesterday has approved construction of 4-Lane Access-Controlled Greenfield connectivity from Gohpur on NH-15 to Numaligarh on 715 section including 15.79 Km. of Road cum Rail Tunnel under River Brahmaputra to be developed at a total capital cost of Rs.18,662 crore in Assam on Engineering procurement Construction  (EPC).

Currently, connectivity between Numaligarh on NH715 and Gohpur on NH-15 is 240 Km. from existing Kaliabhambhora road bridge near Silghat on NH-52 which takes 6 Hours passing through Numaligarh,  Kaziranga National park and Biswanath Town. To address these challenges, the project is proposed to be developed as 4-Lane Access-Controlled Greenfield connectivity  from Gohpur on NH-15 to Numaligarh with Road cum Rail tunnel below the river Brahmaputra river. This would be first underwater Road cum Rail tunnel in the India and 2nd in world. The project will provide significant benefit to Assam, Arunachal Pradesh, Nagaland and other North -Eastern States. This will enhance the efficiency of freight movement, reducing logistics cost and driving socio-economic growth in the region.

The project alignment integrates with 02 major National Highways (NH-15 and NH-715)  and 02 Railway lines i.e. Rangia-Mukongselek Railway Section under Rangia Division of NFR on Gohpur Side and Furkating-Mariani loop line section under Tinsukia Division of NFR on Numaligarh side. The project providing seamless connectivity to key economic, social, and logistics nodes across Assam. Additionally, the project  will enhance multi-modal integration by connecting with 11 Economic Nodes, 03 Social Nodes, 02 Tourist nodes and 08 Logistic Nodes, providing enhanced connectivity with 04 Major Railway Station, 02 Airport, and 2 inland water way thereby facilitating faster movement of goods and passengers across the region.

Upon completion, the project will play a pivotal role in strategic considerations, regional economic growth, strengthening connectivity between major economic centers and opening new avenues for trade and industrial development. The project will also generate approximately 80 Lakhs person-days of direct and indirect employment, and will open new avenues of growth, development and prosperity in surrounding regions.

Map of Corridor:

Project Details

 

Feature

Details

Project Name

Construction of Twin Tube TBM road Underwater tunnel 2 Lane each under River Brahmaputra along with provision of Railway infrastructure in one of the tubes, in the state of Assam on EPC Mode with total length of project as 33.7 Km.

Corridor

Gohpur on NH-15 – Numaligarh on NH-715

Length (km)

33.7 Km.

Total Civil Cost (Rs Cr.)

11,982.36 Cr.

Land Acquisition Cost (Rs Cr.)

716.65

Total Capital Cost (Rs Cr.)

18,662.02

Mode

Engineering Procurement Construction  (EPC).

Project Length

Instant Project of Length 33.77 Km.

Twin Tube TBM Tunnel with Railway in one of the tubes

15.79 Km.

Total Road cut & cover

1.26 Km.

Total Rail cut & cover

4 Km.

Major Roads Connected

National Highways – NH-15 & NH715

Rail Line connected

Rangia-Mukongselek Railway Section under Rangia Division of NFR on Gohpur Side

Furkating-Mariani loop line section under Tinsukia Division of NFR on Numaligarh side

Economic / Social / Transport Nodes Connected

Airports (02 ) : Dony Paulo Holongi Airport Itanagar and  Tezpur Airport

Railway Stations (04) : Numaligarh Railway Station, Gohpur Railway Station, Golaghat Town Railway Station, Simaluguri Junction

Inland Water way Terminals (02): Biswanath Ghat  Water way terminal, Tezpur Water way terminal

Economic Nodes (11) : Numaligarh Industrial Area, Jorhat DIC, IIDC Titabor, Industrial Area Junakinagar, Industrial Estate Nagaon, IIDC Demow, Industrial Estate Sivasagar, IIDC Naltali, Industrial Area Dolabari, Mini Industrial Area Biswanath, MMLP Jogighopa.

Social Nodes (03) : 1 Tribal district – Dima Hasao; 02 Aspirations Districts-Udalguri & Darrang

Tourist Nodes  (02) : Kaziranga National Park  & Deopahar Archaeological Site

Major Cities / Towns Connected

Numaligarh, Tezpur, Gohpur  Dibrugarh in Assam  & Itanagar In Arunachal Pradesh

Employment Generation Potential

80 Lakhs Man-Days of Direct & In-direct

Annual Average Daily Traffic (AADT) in FY-25

Estimated at 4680 Passenger Car Units (PCU)

 

Topics

Acts Income Tax