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    India's Russian oil buy surges 50 pc amid scramble to replace lost barrels
    No need for panic booking, enough LPG supplies to meet household needs: Govt
    Rs 590-cr IDFC First Bank 'fraud': ED registers case, conducts searches at 19 locations
    Maharashtra minister asks IT dept to frame model policy for providing digital services
    Rs 590-cr IDFC First Bank 'fraud': ED searches at 19 locations in Haryana, Chandigarh
    AAHAR 2026 inaugurated at Bharat Mandapam; Shri Piyush Goyal calls for stronger collaboration to position India as a global leader in agricultural and...
    CCI approves acquisition of a certain stake in Curefit Healthcare (Target) by MacRitchie Investments Pte. Ltd. (Acquirer)
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    APEDA Showcases India’s Agri and Processed Food Export Strength at AAHAR 2026
    Italian Milling Industry Showcases 'Pure Flour from Europe' in New Delhi as Indian Demand Reaches Record Levels
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    Cabinet approves two multitracking projects covering 5 Districts of West Bengal and Jharkhand, increasing the existing network of Indian Railways by a...
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March 11, 2026
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Energy supply diversification: India shifts toward Russian crude to offset Strait of Hormuz disruptions and protect fuel flows.
India increased Russian crude imports to offset shipments halted through the Strait of Hormuz, reducing the immediate shortfall from Middle Eastern supplies while maintaining refined product availability. The Strait of Hormuz is identified as a critical chokepoint for crude, LPG and LNG; mitigation measures include supplier diversification, enhanced Russian flows, and refinery adjustments to maximise LPG recovery, though such optimisations yield only marginal increases and leave a significant import dependency.
March 11, 2026
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LPG supply assurance: household supplies prioritized, measures to prevent hoarding and secure alternate imports and maintain continuity.
The government affirms domestic LPG stocks and diversified procurement are sufficient to meet household cooking needs despite Strait of Hormuz disruptions. Refinery adjustments have boosted domestic LPG output and LNG cargoes have been secured; imports have been rerouted. Measures prioritise household distribution, curtail non-domestic deliveries, adjust pricing and refill intervals, and establish a committee to allocate commercial supplies. State and central authorities are directed to prevent hoarding and coordinate to maintain energy security and uninterrupted essential supplies.
March 11, 2026
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Money laundering probe under PMLA registered and searches conducted after alleged diversion of government funds into shell entities and real estate.
Enforcement Directorate registered a case under the Prevention of Money Laundering Act and searched multiple premises after a vigilance FIR alleging that bank employees and private associates diverted Haryana government funds, used accommodation (hawala) entries, transferred money to shell companies and small jewellery entities, and channelled proceeds into purported gold purchases and real estate, with significant cash withdrawals noted.
March 11, 2026
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Model policy for digital service delivery to standardise Maha e-Seva and Aadhaar centre operations, ensure timely services and operator viability.
Directed formulation of a model framework and comprehensive policy within one month to standardise delivery of government digital services through Maha e-Seva and Aadhaar service centres, ensuring timely citizen access while preserving operator viability. Immediate administrative measures include release of pending commissions, a joint meeting to address deposit refunds, and establishment of a study group to assess actual operational costs for centre operations.
March 11, 2026
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Money laundering probe targets alleged diversion of government deposits at a private bank, prompting searches and shell company tracing.
Enforcement Directorate searches under the Prevention of Money Laundering Act allege that government deposits at a private bank were diverted instead of being placed in fixed deposits; investigations target business entities, ex-bank officials, beneficiaries and real estate agents accused of providing accommodation entries. The agency alleges proceeds were routed through shell companies, layered through transactions, disguised as gold purchases and real estate investments, with substantial cash withdrawals and an identified absconder.
March 11, 2026
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Trade agreements expand market access while preserving domestic safeguards and promoting value-added food exports through targeted support.
India's export expansion strategy combines preferential market access through recently concluded Free Trade Agreements with calibrated domestic safeguards for farmers, fishermen and MSMEs - excluding concessions in sensitive sectors (notably dairy, certain cereals and pulses) and denying duty concessions or market access for genetically modified products - while promoting value addition via the Agriculture Infrastructure Fund and export handholding through the Export Promotion Mission and DGFT to integrate businesses into global value chains.
March 11, 2026
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Merger clearance: acquisition of additional stake in Curefit approved to bolster the Target's capital in the fitness sector.
The Competition Commission of India approved an additional stake acquisition by MacRitchie Investments Pte. Ltd., an investment holding company and indirect wholly owned subsidiary of Temasek, in Curefit Healthcare Private Limited to supplement the Target's capital requirements in the fitness sector; the Target is the ultimate parent of the Curefit Healthcare Group, which operates fitness management programmes, memberships, franchising and sales of fitness apparel and accessories in India, and a detailed order will follow.
March 11, 2026
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Competition approval for acquisition by Cube V of road concession businesses operating under governmental concessions.
The Competition Commission of India approved the proposed indirect acquisition by Cube Highways and Infrastructure V Pte. Ltd. of the road asset businesses housed in DYIPL, DVIPL, DGIPL and DTEHPL, comprising operations that manage roads and highways under governmental concessions. Cube V is registered as a foreign portfolio investor and operates, acquires and manages highway and transport infrastructure assets in India. A detailed order of the Commission will follow.
March 11, 2026
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Free Trade Agreements enabling preferential market access for Indian agricultural and processed food exports through standards and research.
The press release highlights that expanding Free Trade Agreements are enabling preferential market access for Indian agricultural and processed food exports and that APEDA, at AAHAR 2026, released research reports on key crops and launched packaging design solutions and technical standards with the Indian Institute of Packaging aimed at improving protection, shelf life and market presentation for region-specific, GI-tagged and organic products to support export competitiveness.
March 11, 2026
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Food safety standards underpin promotion of European flour in India, enabling market access and traceable supply chains.
Promotion of premium Italian soft wheat flour in India emphasises compliance with food safety regulations, full traceability and sustainability commitments as the core regulatory assurances supporting market entry and commercial outreach. The campaign presents European milling quality controls - careful wheat selection, computerised traceability, and independent accredited laboratory testing - as operative mechanisms ensuring conformity with EU standards and as commercial assurances to Indian buyers.
March 11, 2026
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UK-India free trade agreement expands market access for UK food and drink exporters, boosting trade engagement at AAHAR.
The UK-India Free Trade Agreement is positioned to enhance market access for UK food and drink exporters by reducing barriers and facilitating faster, cheaper trade. The UK Government, via the British High Commission and the GREAT campaign, is deploying a trade delegation and a UK Pavilion at AAHAR 2026 to translate improved market access into direct commercial engagement with Indian importers, distributors, modern retail and HoReCa operators, emphasising quality, safety and provenance to support long-term trade partnerships.
March 11, 2026
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Temporary waiver for purchase of sanctioned oil allows diversion and refining of en route cargoes to ease supply shortages.
The United States authorised a temporary waiver allowing Indian refiners to accept Russian-origin crude already at sea to address immediate energy supply disruptions amid the Iran-related conflict. The waiver is narrowly targeted to existing cargoes, framed as a short-term operational authorisation to divert, refine and rapidly release oil into markets to blunt price spikes, while officials maintain it does not signify a change in broader policy toward Russia.
March 11, 2026
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UK-India Free Trade Agreement drives West Midlands mission to secure partnerships in clean energy, technology, education and creative industries.
The West Midlands Mayoral-led trade mission to India sought to operationalise the UK-India Free Trade Agreement by securing research and industry alliances, academic partnerships and commercial engagements across clean energy, technology, manufacturing, creative industries and tourism, including a University of Warwick-Tata Power alliance, Aston University and Birmingham City University agreements, and plans for a joint taskforce with the State of Gujarat to formalise sectoral growth collaboration.
March 11, 2026
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RBI intervention prevents further rupee depreciation as outflows and geopolitical tensions pressure the currency, while oil declines temper losses.
The rupee weakened intraday amid foreign institutional investor outflows and Middle East geopolitical tensions, with a softer dollar and falling crude curbing larger losses; reported Reserve Bank of India selling and domestic bond flows helped prevent a breach of a key exchange level and set an intraday trading range.
March 10, 2026
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Pipeline supply agreement enables emergency diesel deliveries to address national fuel shortage and bolster bilateral energy cooperation.
A cross-border supply framework permits direct transport of diesel from India to Bangladesh via the Bangladesh-India Friendship Pipeline under an existing supply agreement providing for an annual allocation and optional additional quantities; recent bilateral negotiations seek to operationalise supplementary deliveries to address an acute domestic fuel shortfall while using the pipeline's capacity to reduce transport time and costs.
March 10, 2026
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Share capital reduction validation upheld as an expert valuation and statutory procedure governs minority buyouts.
The dispute concerned cancellation of minority shareholdings via statutory share capital reduction and whether the valuation met Companies Act requirements. The Court held that share valuation is an expert exercise and evaluated compliance with statutory procedure and notice obligations, noting the NCLT's price adjustment and concluding the company followed prescribed steps for the capital reduction.
March 10, 2026
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Beneficial ownership threshold from land-border countries eased, permitting limited non-controlling stakes under the automatic route with reporting.
The amendment permits non controlling investors from land border countries to invest under the automatic route where their beneficial ownership at the investor entity level does not exceed a defined threshold, while retaining sectoral caps, entry routes and attendant conditions. Such investments must be reported to the DPIIT. An expedited 60 day processing track is established for specified manufacturing sectors, conditional on majority shareholding and control of the investee remaining with resident Indian citizens or resident Indian entities owned and controlled by resident Indian citizens.
March 10, 2026
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LPG supply prioritisation: committee to allocate commercial gas based on genuine need, availability and essential service priority.
The government has prioritised household LPG supplies and constituted a three member committee of Executive Directors of Oil Marketing Companies to review representations from hotels, restaurants and other commercial users and allocate commercial LPG based on genuine need, product availability and merits of each case. Measures include directing refineries to increase LPG output and extending the refill booking cycle to discourage hoarding, while essential non domestic sectors will receive prioritised non domestic supplies subject to import constraints and production capacity.
March 10, 2026
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Cabinet approval of multitracking projects expands rail capacity and improves regional connectivity and logistics efficiency.
Cabinet approval authorises two multitracking projects (Sainthia-Pakur fourth line and Santragachi-Kharagpur fourth line) under the PM Gati Shakti framework to add about 192 km to the rail network across five districts in West Bengal and Jharkhand, increase line capacity to ease congestion, improve passenger and freight service reliability, and enhance multimodal connectivity, regional access, and environmental and logistical efficiencies.
March 10, 2026
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Trade and Economic Partnership Agreement opens high income markets and investment pathways, enabling technology transfer and jobs.
The Trade and Economic Partnership Agreement between India and EFTA implements preferential market access and capability building measures, with EFTA commitments covering 92.2% of tariff lines and India covering 82.7%, while protecting sensitive sectors. TEPA couples tariff concessions for key Indian export sectors with improved access to specialised inputs and machinery from EFTA, includes an investment facilitation element linked to industrial and technology collaboration, and provides frameworks for services cooperation and Mutual Recognition Agreements to support mobility of professionals.

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Customs & Trade

Foreign Travel Insurance Guide: A List of Vital Documents for Immigration and Customs This Vacation Season

March 19, 2026

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Mumbai (Maharashtra) [India], March 17: Airports can feel easy right up until the immigration counter, when you are asked for a document you did not expect. Most travellers do not get stuck because they are missing something major. They get stuck because the right paper is buried in a suitcase, a booking is not accessible offline, or details do not match across documents. If you keep your essentials organised, immigration and customs checks usually move quickly. This article covers the documents you should keep ready, including travel insurance paperwork that may be asked for at entry in many destinations.

Primary Travel Identification and Authorisation Your entry begins with identity and permission to travel. Keep these in your cabin bag, not in checked luggage, and keep a clear digital backup.

• Passport: Check it is undamaged and valid for your trip, with enough blank pages for stamps.

• Visa or entry permission: This may be a stamped visa, e-visa, or electronic travel authorisation, depending on the country.

• Return or onward travel proof: Many immigration desks want proof that you will exit within your permitted stay.

• Flight itinerary: A printout or a saved screenshot is helpful when your phone's network is unreliable.

• Purpose of visit support: If asked why you are travelling, having a simple itinerary summary makes your answers consistent.

Extra Documents for Specific Situations Some travellers are asked for additional proof because of their travel profile. Carry what applies to you.

• If you are travelling for work, keep a company letter, event invite, or business contact details.

• If a child is travelling with one parent or a guardian, carry any required supporting consent documents for your route and destination.

Comprehensive Travel Insurance Is Mandatory In Many Regions Travel insurance is often treated as a responsible travel essential, and in certain regions it is also an entry requirement. Even when it is not mandatory, it can protect you from sudden medical bills, lost baggage stress, and trip disruptions that can derail the holiday.

• Policy certificate showing traveller details and travel dates • Coverage summary so you can quickly explain what is covered if asked • Emergency assistance contact details for help abroad • Claims process notes or the insurer’s support details, saved offline Accommodation and Financial Proof Immigration teams often check whether your stay plans are clear and whether you can fund your travel without taking up unauthorised work. Customs checks may also involve questions about valuables and items you are carrying.

• Accommodation proof: Hotel booking confirmations, or the host’s full address and contact details if staying with friends or family • Financial proof: Recent bank statements, forex card details, or credit card access proof, depending on what you carry • Employment or leave confirmation: A leave email or letter can support your intent to return • Ties to home: Anything reasonable that supports you are a genuine visitor, such as ongoing work or study commitments Health and Security Documents Health and security checks vary by destination and can change with travel advisories. It helps to keep these documents together so you don't have to search for them in a crowded queue.

• Vaccination certificates or health declarations, if required for your destination • Prescription and doctor’s note for any medication that could raise questions at screening • Medical device support note, if you carry devices that may require explanation at security • Emergency contacts list, including family in India and a local contact abroad, plus your travel insurance emergency number Pro Tips for Travellers A few smart habits reduce delays and keep you calmer during checks.

• Keep one single document folder for passport, visa, itinerary, accommodation proof, financial proof, and travel insurance.

• Save offline copies of bookings and insurance details, not just links that require an internet connection.

• Ensure spelling and dates match across your passport, tickets, hotel bookings, and insurance certificate.

• If you are carrying new high-value purchases, keep the receipts accessible in case customs asks for them.

• If you are unsure about a rule, check official embassy and government guidance before departure rather than relying on social posts.

Conclusion When you prepare your paperwork properly, immigration and customs become a short stop rather than a stressful event. Keep your passport and entry permission ready, back up your itinerary and stay details, and carry clean proof of funds and health-related documents where required. Add your travel insurance certificate and assistance details to the same folder so you are never caught off guard.

(Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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