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    US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high
    Gold rises Rs 1,000 to Rs 1.48 lakh/10g on fresh retail buying
    DFS Launches Protection & Indemnity Insurance Product under Bharat Maritime Insurance Pool (BMIP)
    Investec Selects Infosys Finacle SaaS Platform on Microsoft Azure for Digital Banking Transformation
    Kotak Securities Earns Great Place to Work® Certification and Recognition Among India's Best Workplaces™ in Investments 2026
    India rises from 82nd to 57th in global rankings, in structural and pro-competitive reforms: Report by Competere Foundation
    Aadhaar enrolment in Manipur has reached 87-88 pc: Officials
    IndoStar Capital Finance Limited Q1FY27 Disbursements ₹ 1,235 crore up 44% vis-à-vis Q1FY26
    Global gold demand flat at 1,269 tonnes in June quarter, says WGC
    MCD to launch 5-year PPP policy to modernise school stadiums, offer free sports coaching
    Piramal Pharma Limited Announces Results for Q1 FY27
    Advisory on Keeping on Hold the Proposed e-Way Bill Enhancements
    Innovation, Startups, MSMEs and Quality Manufacturing are Pillars of India's Future Growth: Shri Piyush Goyal at 22nd J.R.D. Tata Memorial Lecture
    UP ATS nabs kingpin of fake document racket from West Bengal
    Calcutta HC says voter ID, Aadhaar, PAN not proof of Indian citizenship
    Corporate Mitra Scheme Awareness Webinar organized by IICA Shillong, Ministry of Corporate Affairs witnessing overwhelming participation of youth and ...
    CCI approves amalgamation of Go Digit Infoworks Services, holding company of Go Digit General Insurance Ltd, with Go Digit General Insurance Ltd, such...
    CCI approves acquisition of units of Oaktree capital group Holdings, L.P. (OCGH), and Oaktree Equity Plan, L.P. (OEP) by Brookfield Asset Management L...
    Assam Exports First International Consignment of Purabi Ice Cream to Bhutan
    Building Deep and Resilient Financial Markets for a Viksit Bharat - Keynote Address delivered by Shri Rohit Jain, Deputy Governor at the Financial Ins...
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July 30, 2026
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Economic growth and persistent inflation shaped slower output, import pressures, and continued interest-rate restraint despite resilient consumer spending.
United States economic growth slowed in the second quarter as increased imports reduced gross domestic product growth, despite stronger consumer spending and business investment linked to artificial intelligence. The preferred inflation measure moderated but remained above the central bank's target, with core consumer prices showing limited change. The benchmark interest rate was retained for a fifth consecutive meeting, though some regional presidents supported an increase to address elevated inflation. Employment growth and consumer spending continued to support economic resilience amid high living costs and energy-price pressures.
July 30, 2026
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Gold market volatility reflects retail buying, global price trends, currency movements, and weaker domestic demand linked to higher customs duty.
Gold prices rose on fresh buying by jewellers and retailers amid firm international trends, while silver prices declined. Improved domestic demand and a pullback in the US dollar supported gold, though a stronger rupee limited further gains. India's gold demand declined year-on-year during April-June, attributed to seasonally subdued sales, higher customs duty and an appeal to reduce purchases. Global gold demand remained broadly unchanged, while precious metals were expected to remain volatile and range-bound.
July 30, 2026
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Protection and indemnity insurance expands domestic maritime risk coverage for third-party liabilities and strengthens self-reliant insurance capacity.
Bharat Maritime Insurance Pool has introduced a sovereign-backed Protection & Indemnity insurance product to cover third-party maritime liabilities, including crew and cargo claims, pollution liability and wreck removal. The product expands the pool beyond cargo and hull war-risk coverage and is supported by combined indemnity capacity and a port-correspondent network. The pool is intended to maintain uninterrupted maritime war-risk insurance, build domestic underwriting capacity, strengthen maritime risk management, reduce foreign-market dependence and promote self-reliance in specialised insurance solutions.
July 30, 2026
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Cloud-native digital banking transformation integrates lending, cash management and liquidity tools while supporting scalable, resilient and compliant operations.
Digital banking transformation through a cloud-native software-as-a-service platform entails migration from legacy systems to integrated deposits, lending, virtual account management and liquidity-management capabilities. Real-time data, artificial intelligence foundations, open APIs and event-driven architecture are intended to support digital banking products, corporate cash management and operational agility. Liquidity tools are designed to provide visibility and control over cash positions and working capital. The implementation is intended to deliver scalability, resilience, security and high availability while assisting regulatory compliance; projected benefits remain subject to risks and uncertainties.
July 30, 2026
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Workplace culture recognition highlights continued investment in employee wellbeing, inclusion, learning, collaboration and growth at a stockbroking firm.
Workplace culture recognition was awarded to Kotak Securities through Great Place to Work Certification for a second consecutive year and inclusion among India's Best Workplaces in Investments 2026. The recognition followed assessment of employee feedback, workplace practices and organisational culture, reflecting employee trust, engagement and belonging. The company states that it will continue initiatives supporting employee wellbeing, learning and development, inclusion, collaboration and growth.
July 30, 2026
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Pro-competitive reforms strengthen market conditions through competition policy, investment review, trade facilitation, and reduced international regulatory barriers.
Structural and pro-competitive reforms between 2010 and 2023 are assessed as reducing market distortions and strengthening competitiveness. The assessment covers property-rights protection, domestic competition and international competition, including the Goods and Services Tax, Insolvency and Bankruptcy Code, regulatory improvements and trade-facilitation modernisation. Further priorities include evidence-based competition policy, consumer-welfare review of sector-specific investment restrictions, and cooperation to address international regulatory barriers.
July 30, 2026
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Aadhaar enrolment access expands through a new service centre, with coordinated efforts focused on improving young children's coverage.
Aadhaar enrolment in Manipur has reached approximately 87-88 per cent, with comparatively lower coverage among children aged 0-5 years. The first Aadhaar Seva Kendra in Imphal has been inaugurated to expand access to enrolment and Aadhaar-related services. The State Government is coordinating with welfare and health departments, hospitals and UIDAI to improve young children's enrolment, alongside services available through Deputy Commissioners' offices and authorised enrolment centres.
July 30, 2026
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Secured retail lending growth accompanied enhanced credit controls, digital lending processes, and branch expansion by a middle-layer non-banking finance company.
IndoStar Capital Finance Limited, a middle-layer non-banking finance company registered with the Reserve Bank of India, reported growth in secured used-vehicle finance and micro loans against property for the quarter ended June 30, 2026. It reported higher disbursements, assets under management and net interest income, alongside a lower weighted average cost of funds. The company also stated that it strengthened underwriting, customer-selection filters, scorecards and early-warning systems, while advancing electronic lending processes and expanding its branch and micro-loans-against-property network.
July 30, 2026
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Gold demand trends show central bank buying and OTC investment offsetting weaker ETF and jewellery demand.
Global gold demand remained broadly unchanged during the April-June quarter, with reduced gold exchange-traded fund, bar and coin investment offset in part by over-the-counter investment supported by Asian investors. Central banks and official institutions increased net additions to gold reserves, while high prices reduced jewellery volumes and encouraged demand for lighter products. Total supply was unchanged as increased mine production was offset by lower recycling. Investment is expected to drive future demand, while high prices may continue to constrain jewellery demand and recycling.
July 30, 2026
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Sports infrastructure PPP framework enables private stadium operation while requiring free coaching, child protection compliance, and student performance tracking.
The PPP framework permits private operators to modernise, operate and maintain school sports stadiums at their own cost, while providing free organised sports training to enrolled students. Operators may commercially offer paid coaching and facilities to external users outside school hours, subject to student-related obligations. Selection is based on technical eligibility and detailed evaluation of sports, PPP, operational and technology capabilities. Agreements have an initial five-year term, with possible extension based on performance, mutual consent and public interest. Child-protection compliance, bank-routed transactions and disqualification for insolvency or statutory and child-safety violations apply.
July 30, 2026
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Quarterly financial reporting highlights operational growth, FDA inspection compliance, product integration, and prior insolvency proceeds in pharmaceutical operations.
Quarterly financial reporting records revenue growth and improved EBITDA performance across CDMO, Complex Hospital Generics and Consumer Healthcare operations. CDMO growth was linked to order inflows, higher capacity utilisation, pricing discipline and commercial expansion, while quality compliance included an Establishment Inspection Report for the Sellersville facility and continued Zero Official Action Indicated status. The prior-year exceptional item related to one-time insolvency proceeds from a supplier claim filed before the NCLT. Consumer Healthcare growth was attributed to power brands, e-commerce, premiumisation, pricing and cost optimisation.
July 30, 2026
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Proposed e-Way Bill enhancements remain on hold, with no production changes required pending further communication.
Proposed e-Way Bill enhancements have been kept on hold until further notice. Stakeholders are not required to make production-environment changes pursuant to the earlier advisories concerning those enhancements. The related advisories and FAQs are to be withdrawn from the GST Portal pending further communication.
July 30, 2026
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Innovation-led industrial growth promotes deep-tech investment, startup commercialisation, technology-enabled MSMEs, quality manufacturing and global market expansion.
Innovation-led industrial growth is linked to deep technology, research and development, skilled manpower, startups, MSMEs and globally competitive manufacturing. Public initiatives include long-term risk capital for emerging technologies, affordable computing capacity and semiconductor investment support. Startups are encouraged to move from prototypes to commercialisation through industry adoption and early domestic investment. Manufacturing and MSME policy emphasise technology adoption, automation, productivity, branding and uncompromising quality. Free Trade Agreements are presented as supporting global market access and export expansion.
July 29, 2026
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Fraudulent Aadhaar enrolment allegations involve forged supporting documents, misuse of operator credentials, remote access, and continuing investigation.
Forgery of Indian identity and supporting documents is alleged in an interstate racket using false birth, domicile and school certificates to obtain Aadhaar cards for foreign nationals. The racket allegedly misused authorised Aadhaar enrolment operator login credentials and used virtual private networks and remote access to enrol applicants. The alleged mastermind was arrested, and investigation, including proposed custodial interrogation, remains ongoing.
July 29, 2026
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Citizenship proof requires more than identity, tax, electoral or banking records when nationality remains unestablished.
Voter identity cards, Aadhaar cards, PAN cards and bank-account records were treated as non-conclusive proof of Indian citizenship. The petitioner and detainee were required to establish citizenship under the Immigration and Foreigners Act, 2025, and an appeal against deletion from electoral rolls did not itself satisfy that burden. The inability to identify the burial locations of the detainee's parents prevented proposed DNA-based verification and supported an adverse inference concerning their citizenship.
July 29, 2026
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Corporate Mitra Scheme builds local compliance professionals to strengthen MSME regulatory, financial, taxation, accounting and governance support.
The Corporate Mitra Scheme develops qualified and accredited para-professionals to provide MSMEs with accessible, affordable compliance and business-support services. Corporate Mitras are intended to assist enterprises with regulatory compliance, finance, taxation, accounting and governance-related requirements, enabling MSMEs to focus on innovation, expansion and growth. IICA Shillong serves as the nodal agency for Northeast regional coordination, stakeholder liaison, promotion and awareness, with regional participation encouraged through reserved course seats and a fee concession.
July 29, 2026
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Amalgamation of Go Digit Infoworks with Go Digit General Insurance approved, with the general insurer continuing as surviving entity.
The Competition Commission of India approved the amalgamation of Go Digit Infoworks Services Private Limited, the holding company of Go Digit General Insurance Limited, with Go Digit General Insurance Limited as the surviving entity. Infoworks has no present market-facing business activities. Go Digit General provides general and health insurance products and services in India, with a specialised focus on general insurance.
July 29, 2026
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Competition approval enables Brookfield's indirect acquisition of Oaktree entities, combining alternative investment management businesses.
Competition approval was granted for Brookfield Asset Management Ltd. to indirectly acquire units in Oaktree Capital Group Holdings, L.P. and Oaktree Equity Plan, L.P., resulting in the acquisition of the Oaktree operating group of entities. Brookfield Asset Management is a global alternative asset manager, while the Oaktree group provides alternative investment management services.
July 29, 2026
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Processed dairy exports to Bhutan expand through compliance support, market access facilitation, and planned diversification of longer-shelf-life products.
Processed dairy exports from Assam to Bhutan commenced with a Purabi Ice Cream consignment exported by North East Dairy and Foods Limited and manufactured through Assam's cooperative dairy network. The Agricultural and Processed Food Products Export Development Authority supported export documentation, regulatory compliance, market access and stakeholder coordination. The initiative seeks to expand value-added dairy exports from the North Eastern Region, with plans to introduce longer-shelf-life products and increase exports according to market demand.
July 29, 2026
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Financial-market depth requires reliable liquidity, risk transfer, transparent products and shared institutional responsibility for resilient long-term financing.
Financial-market depth requires reliable liquidity and price discovery, efficient risk distribution, and diverse, meaningful participation across market conditions. Government and corporate bond markets, money markets, and foreign exchange and derivative markets should channel long-term savings into investment and enable management of interest-rate, currency and credit risks. Product innovation must serve genuine needs and be supported by suitability assessments, transparent disclosure, fair pricing, independent valuation and user risk-management capacity. Regulators, market institutions, issuers, investors and infrastructure providers share responsibility for resilient, transparent and trusted markets.

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Customs & Trade

HIGHLIGHTS

February 25, 2026

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New Delhi, Feb 25 (PTI) Following are the top stories at 5.15 PM NATION DEL8 PM-ISRAEL (09.14 PM)

Looking forward to meet PM Netanyahu, consolidate enduring bonds: PM Modi ahead of Israel visit New Delhi: Prime Minister Narendra Modi on Wednesday said India and Israel share a robust and multifaceted strategic partnership that has witnessed remarkable growth and dynamism, and he is looking forward to his discussions with Prime Minister Benjamin Netanyahu.

DEL13 CONG-PM-LD ISRAEL (11.41 PM)

Modi displaying 'moral cowardice' when world is critical of Netanyahu: Congress New Delhi: The Congress on Wednesday launched a scathing attack on Prime Minister Narendra Modi over his Israel visit, saying the PM will be displaying "moral cowardice" when the entire world is critical of his "dear friend" and Israeli premier Benjamin Netanyahu.

DEL34 GOYAL-CONG (03.51 PM)

Rahul, Congress acting like 'puppets' in the hands of anti-India forces: Goyal New Delhi: Union minister Piyush Goyal on Wednesday launched a blistering attack on Rahul Gandhi, alleging that the Congress leader and his party are playing "petty politics" to destablise the country's progress and acting like "puppets" in the hands of anti-India forces.

DEL38 CONG-INDOUS TRADE (04.30 PM)

Indo-US trade deal one-sided, should be put on hold: Congress New Delhi: The Congress on Wednesday said the Indo-US interim trade deal is distinctly one-sided and the only way forward is for India to be bold in putting it on hold, as it will be disastrous for lakhs of farmers across the country.

DEL21 BJP-CONG-NEHRU (01.04 PM)

Nehru 'redrew' Bharat's borders forever: BJP New Delhi: Hitting back at the Congress, the BJP on Wednesday accused India's first prime minister Jawaharlal Nehru of making repeated “territorial compromises” throughout his tenure and "redrawing" Bharat’s borders forever.

DEL39 EDU-NCERT-TEXTBOOKS (04.30 PM) NCERT may remove controversial portion on judiciary from class 8 textbook, say sources New Delhi: The controversial portions about judicial corruption in NCERT's class 8 textbook could be removed as the government has not taken kindly to the matter, sources said on Wednesday, while the council pulled the book from its website.

MDS9 TL-SC JUDGE-SEMINAR-CONSTITUTION (02.56 PM) Societal fault lines still run deep in country: SC judge Bhuyan Hyderabad: Citing an example of his daughter’s Muslim friend being denied accommodation because of her religious identity, Justice Ujjal Bhuyan of the Supreme Court said such instances show how far the country remains from the benchmark of constitutional morality.

LEGAL LGD22 LD-SC-NCERT-JUDICIARY (03.24 PM)

CJI objects to NCERT book chapter on corruption in judiciary New Delhi: Chief Justice of India Surya Kant on Wednesday strongly objected to a chapter on judicial corruption in the NCERT's Class 8 curriculum, saying that nobody on earth will be allowed to defame the judiciary and taint its integrity.

LGD20 SC-COMMUNITY-PUBLIC FIGURES (03.19 PM)

Public figures holding high constitutional offices cannot target any particular community: SC New Delhi: Observing that fraternity serves as a critical element for national unity and social cohesion, the Supreme Court has said public figures holding high constitutional offices cannot target any particular community on the basis of religion, language, caste or region.

LGD15 SC-ED-HEMANT SOREN (12.42 PM)

SC stays trial in ED case against Jharkhand Chief Minister Hemant Soren New Delhi: The Supreme Court on Wednesday stayed the trial in money laundering case registered against Jharkhand Chief Minister Hemant Soren.

BUSINESS DEL27 BIZ-SMARTPHONE-EXPORT (03.18 PM)

Smartphone now India's top export category with total overseas shipment worth USD 30 bn: Vaishnaw New Delhi: Smartphone has become India's top export category with overseas shipments worth USD 30 billion in 2025, Union Electronics and IT Minister Ashwini Vaishnaw said on Wednesday.

DEL33 BIZ-US-INDIA-LD SOLAR DUTY

US announces preliminary 126 pc countervailing duty on imports of certain Indian solar goods New Delhi: The US has announced a preliminary countervailing duty of 125.87 per cent on imports of certain Indian solar goods, alleging that these products are unfairly subsidised by New Delhi.

FOREIGN FGN36 PM-LD ISRAEL (04.50 PM)

PM Modi receives red carpet welcome as he begins 2-day visit to Israel Jerusalem: Prime Minister Narendra Modi landed in Israel on Wednesday to a red-carpet welcome with his Israeli counterpart Benjamin Netanyahu and wife Sara receiving the Indian leader at the Ben Gurion airport.

FGN25 ISRAEL-MEDIA-MODI (02.09 PM)

Israeli media hails Modi visit as 'strategic reset’, 'landmark moment' Jerusalem: As Prime Minister Narendra Modi on Wednesday left for Israel from India for a visit expected to upgrade the bilateral ties to a new level, the Israeli media is describing the trip as a "strategic reset", a "landmark moment" and a "defining" phase.By Harinder Mishra

FGN13 US-TRUMP-INDOPAK (10.20 PM)

Trump says Pak PM told him millions would have died without his intervention New York/Washington, Feb 25 (PTI) US President Donald Trump has said that Pakistan Prime Minister Shehbaz Sharif told him that 35 million people would have died if it were not for his intervention in stopping the war between India and Pakistan. By Yoshita Singh

FGN28 UK-INDIANS-VISAS (03.22 PM)

UK enforces digital travel system, mandatory eVisas for Indians London: New rules in force from Wednesday will see the UK transition to a digital transit system, including mandatory eVisas for Indian travellers and Electronic Travel Authorisation (ETA) for non-visa requiring visitors. By Aditi Khanna

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