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April 10, 2026
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Frost-free double door refrigerators meet festive kitchen needs with energy-efficient cooling and easy EMI purchase options.
Double door frost-free refrigerators are presented as an upgrade offering separate compartments, automatic defrosting, inverter-based energy efficiency, and improved food storage. The article also explains that customers may use the Bajaj Finserv Easy EMI Loan to browse models, complete quick KYC verification, obtain an instant approved limit, and buy through partner stores with repayment in monthly instalments, including select zero down payment offers and cashback. Bajaj Finance Ltd. is described as an RBI-registered deposit-taking NBFC engaged in lending, deposit acceptance, and diversified financial services.
April 10, 2026
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Value maximisation in insolvency bids questioned over evaluation matrix and transparency in the JAL resolution process
Vedanta Group challenged the evaluation matrix and challenge process used by the committee of creditors in the insolvency resolution of Jaiprakash Associates Ltd, contending that the framework was inconsistent with value maximisation and commercial wisdom. The dispute concerned scoring methodology, the weight given to feasibility and viability analysis, and allegations that the process lacked transparency and fairness because only the highest net present value was disclosed after each round. The committee of creditors defended the selection by stating that plans were assessed on multiple factors under the Insolvency and Bankruptcy Code.
April 10, 2026
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Foreign exchange reserves rise as foreign currency assets and gold reserves drive the weekly increase amid rupee pressure.
India's foreign exchange reserves increased by USD 9.063 billion to USD 697.121 billion for the week ended April 3, 2026, after the previous week's decline. The rise in reserves was driven by gains in major components, including foreign currency assets and gold reserves, while Special Drawing Rights increased marginally and the reserve position with the IMF remained unchanged.
April 10, 2026
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Reliable energy supply and free navigation drive India-Qatar talks amid regional disruptions.
India and Qatar reaffirmed strategic energy cooperation amid West Asia tensions, with Qatar stating that it would remain a reliable energy supplier to India. The talks focused on stability in global markets, an early end to disruptions in energy supplies, and restoration of normal trade flows after conflict-related interruptions affected regional exports and supply chains. Both sides welcomed the ceasefire and stressed unimpeded freedom of navigation and the global flow of commerce to support supply chains.
April 10, 2026
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Tax dispute reduction gains momentum as appeal disposals, grievance resolution and data-driven enforcement expand across the department.
The Income Tax Department reported a substantial rise in appeal disposals, along with increased resolution of grievances, rectification applications and orders giving effect, as part of efforts to reduce disputes and improve taxpayer certainty. The CBDT chairman said enforcement should be guided by data analytics, intelligence-driven inputs and proportionate action, while theme-based investigations targeted incorrect deduction claims and suppression of business receipts. The department also processed trust registrations, signed more advance pricing agreements and highlighted the new tax law framework as supporting easier compliance and a non-intrusive administration.
April 10, 2026
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Global supply chain management training expands with a new online certificate for working professionals in India.
A higher education collaboration has been announced to launch a Master Certificate in Global Supply Chain Management in India, combining Michigan State University's academic instruction with TimesPro's online delivery platform and Bisk Education's digital learning support. The 24-week, 100% online programme is designed for working professionals seeking stronger capabilities in procurement, logistics, operations and global supply chain strategy. It includes core modules and specialisation tracks covering supply chain management, logistics strategy, supply risk, sustainability, global market dynamics and the regulatory realities affecting international trade and logistics.
April 10, 2026
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Electronics manufacturing growth gains momentum as Uttar Pradesh positions itself as a major investment and value-chain hub.
Electronics manufacturing in Uttar Pradesh is being positioned as a major industrial growth area through the electronica India and productronica India 2026 platform in Greater Noida, alongside policy signalling, infrastructure readiness, investment facilitation, and expansion of the Noida-Greater Noida corridor as a manufacturing base. Government leaders highlighted a stable policy environment, ease of doing business, rising exports, and support for manufacturing-led growth, with emphasis on moving beyond assembly toward component manufacturing and value-chain integration.
April 10, 2026
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Statutory seniority in NCLT appointments questioned as a technical member challenges acting president selection.
Challenge to the appointment of an acting president of the National Company Law Tribunal on the ground that the statutory senior-most member rule required appointment of the member who joined earlier, irrespective of whether the member was judicial or technical. The petitioner, a technical member, claimed seniority by date of joining in the absence of any rule on inter se seniority. The High Court issued notice and observed prima facie substance in the plea if the statute mandated appointment of the senior-most member.
April 10, 2026
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Personal loan flexibility expands with longer repayment tenure, transparent rates, collateral-free borrowing, and faster disbursal.
Personal loan offering has been structured with an extended repayment tenure of up to 108 months, replacing the earlier maximum of 96 months, to give borrowers greater flexibility in managing EMIs and monthly cash flow. Customers may choose a tenure ranging from 12 months to 108 months, depending on income, financial commitments, and repayment preference. The loan is presented as a financing option for planned and urgent expenses, with the longer repayment period intended to support affordability and financial planning.
April 10, 2026
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Textile sector growth gains momentum through export expansion, policy support, technology adoption and sustainability-driven manufacturing.
India's textile sector is supported by policy initiatives, export expansion goals and rising global demand, with Vision 2030 targeting higher exports through stronger domestic manufacturing and a larger global footprint. The Union Budget 2026-27 places the sector at the centre of employment, export growth, rural livelihoods and sustainable manufacturing, while growth is also being driven by the Production Linked Incentive scheme, technological advancement, sustainability practices and e-commerce expansion.
April 10, 2026
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India growth outlook stays robust as domestic demand, easing financing conditions, and trade factors support expansion.
India's growth outlook is projected to remain robust in the current fiscal year, supported by strong domestic demand, easing financing conditions, and lower tariffs on Indian goods. The next fiscal year is expected to see higher growth from domestic reforms, trade agreement effects, and expected government salary increases. Inflation is forecast to rise in the current fiscal year due to higher food and oil prices before easing as oil prices soften.
April 10, 2026
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Gold smuggling network intercepted through intelligence-led airport action, with gold bars and jewellery seized and carriers arrested.
Organised gold smuggling network intercepted by the Directorate of Revenue Intelligence through intelligence-led action targeting female carriers arriving from Nairobi at Chhatrapati Shivaji Maharaj International Airport, Mumbai. Under Operation Dhahabu Blitz, officers seized 29.37 kg of gold comprising gold bars and gold jewellery and arrested 24 foreign nationals carrying the contraband.
April 10, 2026
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Rupee volatility and RBI position limits weigh on USD/INR as global tensions and crude prices stay elevated.
Rupee trading remained volatile amid rising global tensions, with the USD/INR pair pressured by the US-Iran conflict, fragile ceasefire conditions and firmer crude prices. Market participants linked near-term movement to fading domestic support from unwinding of overnight positions, while noting that the RBI's instructions to banks on curbing overnight USD positions were nearing expiry. India's forex reserves and stable banking system were seen as buffers, though external uncertainty continued to weigh on the outlook.
April 9, 2026
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Profitability and revenue growth support stronger margins as headcount turns positive and workforce cuts end.
Revenue, profitability, and operating margin expanded in the March quarter, with net profit rising and revenue from operations increasing on the back of wider margins and continued customer technology spending. The company also reported new deal signings and said AI-related revenue had scaled materially on an annualised basis, while macroeconomic headwinds were still present. Headcount turned positive after two quarters of decline, the workforce reduction plan had ended, restructuring costs were capped, and salary hikes would resume across the organisation.
April 9, 2026
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Fraudulent share trading and crypto investment schemes exposed through unregistered entities, fake documents, and laundering methods.
Fraudulent share trading, cryptocurrency, and foreign exchange investment schemes were allegedly operated through unregistered entities, fake documents, fabricated user accounts, and misleading promises of high returns. One accused was said to have run a firm not registered with SEBI, used fake share certificates and investor documents, and attracted complaints from multiple states after promising gains in shares and IPOs. A separate investment fraud allegedly involved an online trading company using advertisements, social media campaigns, seminars, and an unauthorised trading application to induce investments in cryptocurrency and USDT.
April 9, 2026
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Energy supply security drives talks on restoring LNG and LPG shipments amid Middle East disruptions.
India is seeking to secure uninterrupted energy supplies amid geopolitical disruptions that have affected liquefied natural gas and LPG flows from the Middle East. Qatar, India's largest supplier of LNG and a major supplier of cooking gas, had halted supplies after the conflict in the region and the shutdown of a key export facility led to a declaration of force majeure on gas exports. Discussions are expected to centre on resumption of shipments, review of existing arrangements and strengthening bilateral energy cooperation.
April 9, 2026
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Aadhaar enrolment safeguards sought to prevent misuse of identity documents and curb improper citizenship claims.
Public interest litigation seeks directions to restrict fresh Aadhaar issuance to children up to six years of age and to frame stricter guidelines for adolescents and adults to prevent misuse by infiltrators or foreigners masquerading as Indian citizens. It also seeks display notices at common service centres stating that Aadhaar is only proof of identity and not proof of citizenship, address, or date of birth, and alleges that weak verification enables improper enrolment and acquisition of other identity documents.
April 9, 2026
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Cyber fraud prevention through intelligence sharing and coordinated action now strengthened by a new inter-agency memorandum.
The Financial Intelligence Unit-India and the Indian Cyber Crime Coordination Centre entered into a Memorandum of Understanding to strengthen coordination in combating cyber fraud and financial crimes. The arrangement provides for enhanced information sharing, development of operational intelligence, and support to investigative agencies for prevention of financial crimes, protection of digital transactions, and asset recovery. It also contemplates feedback mechanisms to improve fraud detection and the dissemination of guidelines and red flag indicators for financial institutions.
April 9, 2026
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Energy security and cross-border power trade shape India-Bhutan cooperation through hydropower, clean energy and technical agreements.
India-Bhutan bilateral engagement focused on strengthening cooperation in energy security, sustainable development, clean energy, hydropower and regional power trade. Discussions covered an enhanced bilateral institutional framework for regular review and coordination of initiatives, including non-hydro energy, cross-border transmission, project financing, capacity building and institutional partnerships. The parties also signed the Tariff Protocol for the Punatsangchhu-II Hydroelectric Project and a methodology for reactive energy accounting to support grid stability and cross-border electricity exchange.
April 9, 2026
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Trade Receivables Discounting System directions seek to harmonise TReDS guidelines and support MSME receivables financing.
Reserve Bank of India has released draft Trade Receivables Discounting System Directions to rationalise and harmonise the existing guidelines governing TReDS platforms. The draft framework is intended to support financing of MSME trade receivables through regulated discounting mechanisms. The draft Directions have been issued for public consultation, and comments or feedback may be submitted by regulated entities and other stakeholders through the prescribed online regulatory feedback channel within the stipulated consultation period.

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Customs, DGFT & SEZ

Union Minister of Commerce & Industry Shri Piyush Goyal Calls for Making India’s IP Approval System Among Top Five Globally in Speed, Transparency and Efficiency

March 10, 2026

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Shri Piyush Goyal Calls for Collective Efforts to Foster Innovation Culture; Highlights 50,000 New Innovation Labs in Schools

India Registers 215% Growth in Patent Filings in a Decade; GII Ranking Improves from 81 to 38: Shri Piyush Goyal

Government Recruiting Personnel to Accelerate IP Approvals; Shri Goyal Stresses Transparency and Integrity

Union Minister of Commerce and Industry Shri Piyush Goyal today called for making India’s Intellectual Property (IP) approval system among the top five in the world in terms of speed, transparency and efficiency, while emphasising the need to strengthen the country’s innovation ecosystem and encourage wider participation from innovators, startups, MSMEs, women and youth.

Addressing the National IP Awards & IP Conference in New Delhi today, Shri Goyal said that faster and more efficient disposal of applications related to trademarks, patents, copyrights, designs and Geographical Indications (GI) would help promote a strong culture of innovation and enable innovators to bring their ideas to market more quickly.

Congratulating the award winners for their outstanding achievements, the Minister said the awards recognise the valuable contributions of scientists, innovators, technocrats, MSMEs, entrepreneurs, agricultural institutes and IITs who are playing a key role in shaping India’s innovation-driven growth. He said the awardees represent the spirit of New India—an India that embraces technology and seeks to remain at the cutting edge of global innovation.

Shri Goyal said that recognising such achievements sends a powerful message to the wider IP ecosystem to take up similar challenges and develop path-breaking ideas. He expressed confidence that the awards will encourage the winners to achieve even greater success in the future while inspiring others to aspire for similar recognition.

The Minister stressed the importance of nurturing curiosity, inquisitiveness and the spirit of inquiry among children from a young age. Encouraging young minds to explore new ideas and think beyond conventional boundaries, he said, is essential for building a culture of innovation.

Referring to the government’s initiative to establish 50,000 new innovation labs in schools, announced in the Union Budget, Shri Goyal said these initiatives are aimed at fostering creativity, experimentation and problem-solving among students.

He urged professionals, innovators and industry stakeholders to contribute to this effort by engaging with their schools and colleges as alumni, interacting with students through webinars or video conferences, and encouraging them to understand the value of innovation, entrepreneurship and problem-solving.

Referring to the recently celebrated International Women’s Day, the Minister highlighted the importance of integrating women more deeply into the innovation and IP ecosystem. He said that more women are entering the research field with science and technology as their focal areas, and emphasised that the participation of youth and women is critical in ensuring technological advancement and improving quality of life for citizens.

The Minister said India’s talent pool, strong skill base and large number of STEM graduates produced every year will significantly contribute to making the country’s innovation and intellectual property ecosystem among the best in the world.

Shri Goyal appreciated the efforts of the Controller General of Patents, Designs and Trade Marks (CGPDTM) for relentlessly working to bring global best practices to India’s IP ecosystem and aligning it with international standards, including learnings from developed economies and the World Intellectual Property Organization (WIPO). He noted that the office began its journey with several challenges including shortage of staff, outdated technology and a large backlog of applications, but significant efforts have been made to clear much of the backlog.

He said that while certain challenges still remain in some areas, the government is recruiting new talent, strengthening capacity and enhancing skills to deal with pending cases and improve efficiency.

Highlighting some of the award-winning institutions, Shri Goyal praised IIT Madras for its path-breaking work and its startup incubation hub, which he described as truly phenomenal. Recalling his visit to the facility, he said the incubation ecosystem created there could serve as a model for upgrading other incubation centres across the country, especially in Tier-2 and Tier-3 cities and remote regions including areas such as Sikkim and northern parts of India.

The Minister also noted the growing role of women in licensing of new designs and encouraged innovators to register new designs and traditional products under the Geographical Indications (GI) registry. Given India’s vast diversity and rich heritage, he said there is significant potential to increase GI registrations across the country.

Quoting Prime Minister Narendra Modi, Shri Goyal said that the rise in patent applications in India reflects the growing innovative zeal of the country’s youth, which is a very positive sign for the future. He said this growing enthusiasm among innovators is sending a strong message globally that India is emerging as a major centre of innovation and technology development.

Highlighting India’s progress in innovation indicators, Shri Goyal noted that the country has improved its position in the Global Innovation Index (GII) from 81st in 2015 to 38th currently. He also pointed out that patent filings in India have grown by nearly 215 percent in the last decade, with India’s global ranking improving from 14th to 6th.

Shri Goyal emphasised that innovation opportunities exist in everyday life and that identifying and solving such challenges requires an open mind and creative thinking.

Recalling the evolution of the national slogan “Jai Jawan, Jai Kisan”, later expanded by former Prime Minister Atal Bihari Vajpayee with “Jai Vigyan”, the Minister noted that Prime Minister Narendra Modi further added “Jai Anusandhan”, highlighting the central role of innovation and research in India’s development journey.

He said India enjoys several demographic advantages including a young population with an average age of under 30 years, a balanced gender ratio and increasing participation of women in the formal workforce across sectors.

Highlighting the remarkable rise in women-led innovation, Shri Goyal said patent filings by women have increased by 345 times over the past 12 years, demonstrating a transformational change in the innovation landscape.

The Minister said India is witnessing an IP revolution with tremendous opportunities for innovators. Echoing the Prime Minister’s vision, he emphasised that the path forward lies in “Innovate, Patent, Produce and Prosper.”

Reiterating the government’s commitment to supporting startups, women entrepreneurs and micro and small enterprises, Shri Goyal said the government has already reduced IP-related fees by about 50 to 80 percent. He suggested that an 80 percent fee reduction be extended for women entrepreneurs, startup innovators and micro and small enterprises for filings in order to make the system more affordable and accessible.

He also proposed exploring fast-track mechanisms to support these applicants and encourage greater participation in the IP ecosystem.

Speaking about India’s global economic engagement, Shri Goyal said the vision of Atmanirbhar Bharat (self-reliant India) does not mean closing doors to the world but strengthening international partnerships.

He noted that India has signed nine Free Trade Agreements (FTAs) in the last three and a half years, covering 38 prosperous and largely developed countries, giving India preferential market access to nearly two-thirds of global trade.

He urged innovators and entrepreneurs to take advantage of these opportunities by developing new products, services and export markets.

Shri Goyal assured stakeholders that the government is recruiting a large number of personnel to accelerate IP approvals and reiterated his goal of making India’s IP system among the top five globally in terms of clearance speed.

He emphasised that the system must remain transparent, fair and efficient, and encouraged stakeholders to raise concerns directly with the Chief Controller or the concerned department if they face any difficulties. He also urged citizens to report any irregular practices in government processes, assuring that the government is committed to maintaining high integrity and seamless interaction between innovators and government institutions.

Shri Goyal concluded with expressing confidence that the collective efforts of innovators, institutions and the government will help transform ideas into impactful creations and accelerate India’s journey towards becoming a developed and prosperous nation.

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