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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 and Industry Shri Piyush Goyal Announces 3-Year Fee Waiver for Sports-Related IP Registrations on World IP Day

April 29, 2026

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Shri Piyush Goyal Felicitates J&K Ranji Team for Breakthrough Victory Over Eight-Time Champions Karnataka

Shri Piyush Goyal Highlights GI-Tagged Kashmir Willow Bat as Symbol of India’s Craftsmanship and IP Strength, Urges Global Promotion

Shri Piyush Goyal Calls for Converting Ideas into IP Assets, Underscores Sports Growth

Shri Piyush Goyal Cites India–New Zealand FTA, Calls for ‘Innovate, Patent, Produce, Prosper’ to Leverage Global Opportunities

Shri Piyush Goyal Launches Viksit Bharat Digital Matrix 2026 Design Hackathon on Smart Wearables to Boost IP-Driven Innovation

Shri Piyush Goyal Advocates Sports Manufacturing Clusters, Boost to Domestic Production and CSR-Led Infrastructure Development

Union Minister of Commerce and Industry Shri Piyush Goyal today announced that all intellectual property (IP) registrations related to sports—including trademarks, copyrights, patents, designs, traditional knowledge, and geographical indications—will be exempt from fees for a period of three years, effective immediately. . The announcement was made while addressing the World Intellectual Property Day celebrations in New Delhi, themed “IP and Sports: Ready, Set, Innovate!”.

The waiver, announced as a special drive to promote innovation in the sports ecosystem, will apply across all categories of IP. The Minister also directed that a notification be issued with immediate effect and highlighted that, in addition to the fee exemption, the government will extend facilitation support under existing schemes to assist innovators, students, artisans, and stakeholders in filing and securing IP rights, thereby easing their journey into the IP ecosystem.

The valedictory session of the programme featured the felicitation of the Jammu and Kashmir Ranji Trophy team by Shri Piyush Goyal for their historic performance. The team was honoured for securing a landmark victory after 67 years, including a notable win against an eight-time champion team, Karnataka. The achievement was highlighted as a moment of pride, reflecting the growing sporting potential of Jammu and Kashmir and serving as an inspiration for young athletes across the region.

The Minister noted that the development comes in the backdrop of sustained efforts by the Government to promote sports and create new opportunities in Jammu and Kashmir. He highlighted that increasing investments in infrastructure, coupled with expanding avenues in tourism and industry, are enabling greater participation of youth in diverse fields, including sports. The victory was described as a signal of renewed confidence and opportunity, with young athletes from the region expected to excel at national and international levels in the years ahead.

The Minister underscored the importance of the Kashmir willow cricket bat, noting that it represents India’s craftsmanship and IP strength. He highlighted that it is among the first and possibly the only sports-related product from India to have received a Geographical Indication (GI) tag, and emphasized the need to promote its manufacturing within Jammu and Kashmir to enhance its global presence.

The Minister called for the development of sports manufacturing clusters in regions such as Jammu and Kashmir, along with Meerut, highlighting their potential to emerge as key hubs in the sports goods sector. He stressed the need to significantly boost domestic production of sports goods, including bats, balls, hockey equipment, training aids, and gym equipment, to strengthen indigenous manufacturing capabilities and support local value chains.

Focusing on Jammu and Kashmir, the Minister underlined the opportunity to leverage regional strengths to develop specialised manufacturing ecosystems, particularly in sports goods, which can enhance local livelihoods and position the region more prominently in national and global markets. He also encouraged innovation in sports formats and suggested that such innovations should be examined for appropriate intellectual property protection to ensure value creation and support the broader innovation-led growth of the sports sector

The Minister urged innovators, students, and stakeholders to convert every new idea into an IP asset at the earliest and seek registration to secure ownership and value. He also highlighted the availability of government support mechanisms to assist applicants in the IP registration process.

Highlighting the economic potential of sports, Shri Goyal noted the significant growth in valuation of franchise-based cricket teams over the past 18 years, reflecting the transformational journey of sports driven by innovation and commercialization.

Referring to recent developments, Shri Goyal mentioned the signing of the India–New Zealand Free Trade Agreement and noted that both countries are also celebrating 100 years of sporting ties.

Reiterating the Government’s vision, the Minister highlighted the guiding principle of “innovate, patent, produce and prosper,” encouraging stakeholders to develop ideas, secure IP rights, scale production, and access global markets. He noted that India’s expanding network of Free Trade Agreements is opening new opportunities for Indian innovators.

In a major step towards advancing innovation at the intersection of technology, design, and intellectual property, Shri Piyush Goyal also formally launched the Viksit Bharat Digital Matrix 2026 – Design Hackathon today. Organised by DPIIT in collaboration with IIT Delhi, the six-month immersive hackathon is centred on the theme of smart wearables, focusing on the development of next-generation solutions aimed at enhancing everyday living, performance, and holistic wellness.

The initiative underscores the growing convergence of advanced technology and user-centric design, encouraging participants to develop smart wearable prototypes that are both functionally sophisticated and aesthetically refined for everyday use. By promoting innovations that can be protected through patents and design rights, the hackathon reinforces India’s commitment to an IP-driven innovation ecosystem and enables young innovators to translate creative ideas into practical, real-world applications.

The Minister also highlighted India’s expanding sporting ambitions, including the inclusion of cricket in the Olympics and India’s bid to host the 2036 Olympic Games. He encouraged greater participation of youth, including from Jammu and Kashmir, in international sporting platforms.

Emphasizing that sports is both a tool for physical well-being and an important economic activity, the Minister highlighted the growing scale of sports viewership and its economic dimensions. He also noted the rapid adoption of new sports and formats in India.

Referring to the Sports Policy 2025, Shri Goyal highlighted efforts to strengthen sports infrastructure, promote sports at the school level, and ensure equal opportunities for youth across the country. He also cited past initiatives, including the establishment of a sports academy in Ranchi to nurture talent from tribal communities.

He urged greater utilisation of Corporate Social Responsibility (CSR) funds for sports development, including the creation of open gym facilities across the country and expansion of infrastructure to remote areas.

Cautioning sportspersons and influencers, Shri Goyal advised responsible endorsement practices, particularly in areas such as nutrition and supplements, to avoid misleading advertising.

The programme also incorporated interactive elements, including a sports IP quiz, a workshop on sports advertising and endorsements, and an interactive forum on the “Future of IP & Sports” with participation from international IP offices. The Sports Innovation Arena showcased advancements in sports technology, manufacturing, and esports.

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