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April 27, 2026
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Exporter relief measures discussed to boost shipments, widen market access, and ease compliance constraints amid global trade disruption.
Exporter associations discussed ways to boost shipments, widen market access through free trade agreements, and improve utilisation of existing trade pacts amid global uncertainty. They sought extension of authorisation validity, broader coverage of trade relief measures, and relaxation of the realisation-linked condition under the RELIEF Scheme of ECGC to support exporters affected by logistics disruptions and delayed payments.
April 27, 2026
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Free trade agreement, heatstroke preparedness and revised climate targets shape India's latest trade and policy actions.
India and New Zealand concluded a free trade agreement providing duty-free access for a wide range of Indian exports and strengthening bilateral economic cooperation. The Centre also directed operationalisation of dedicated Heat Stroke Management Units at all health facilities and ambulance preparedness for expected heatwave days. India submitted revised 2031-2035 climate targets to the UN climate body, committing to a 47 per cent reduction in emission intensity of GDP from the 2005 baseline by 2035.
April 27, 2026
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Farmers' interests in free trade agreements shaped apple import conditions, price control, and domestic production goals.
Free trade agreements were said to be framed with the interests of farmers and the country kept paramount, and apple imports were described as being allowed only on India's own conditions. The statement emphasised import duty, domestic price control, and the aim of increasing domestic production to reduce dependence on imports, while protecting farmers' interests and engaging with growers' concerns.
April 27, 2026
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Anticipatory bail in coercive religious conversion allegations turns on custodial interrogation, digital evidence, and linked financial trails.
Anticipatory bail proceedings arose from allegations of sexual harassment, coercion, and forcible religious conversion at a Tata Consultancy Services unit, with the prosecution seeking custodial interrogation to examine digital evidence, financial links, and wider conversion-related connections. The defence pointed to the absence of a specific anti-conversion law in Maharashtra at the time, while noting the later passage of the Freedom of Religion Bill, 2026. A Special Investigation Team was probing multiple FIRs under the Bharatiya Nyaya Sanhita and the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act.
April 27, 2026
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Dairy sector protection under FTAs remains India's policy, with limited export-only processing and safeguarded concessions in select imports.
India has not offered duty concessions in the dairy sector under its free trade agreements and has maintained a consistent policy of protecting the domestic dairy market. The foreign trade policy permits foreign firms to import raw materials or ingredients, process them in India and re-export the goods in full, but not sell them domestically. The India-New Zealand trade pact includes an investment arrangement for export-only processing and provides quota-based duty concessions on certain dairy items subject to minimum import price and other safeguards, with phased tariff reduction for specified dairy products.
April 27, 2026
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India-New Zealand free trade agreement expands duty-free market access, investment ties and opportunities for MSMEs and youth.
India-New Zealand free trade agreement strengthens bilateral economic partnership and is presented as a balanced instrument to expand trade, investment and shared prosperity. It creates new opportunities for farmers, artisans, youth, entrepreneurs, women and MSMEs by opening market access across agriculture, manufacturing, technology, education and services. The pact also supports skills, talent and mobility, promotes traditional knowledge systems, advances supply chain resilience, and provides duty-free access for all of India's exports to New Zealand across all tariff lines.
April 27, 2026
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Free trade agreement expands market access, tariff-free trade and agricultural cooperation between India and New Zealand.
A free trade agreement between India and New Zealand is described as a strategic and economic commitment to stable, predictable and rules-based trade. The pact is said to widen access for New Zealand exporters to the Indian market, give Indian exporters tariff-free access to New Zealand from the outset, improve access for Indian consumers, support export diversification, and deepen bilateral cooperation in agriculture, agri-tech and food production.
April 27, 2026
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Free trade agreements move forward as India pursues pacts with the EU and US alongside New Zealand deal
India is advancing a series of free trade agreements, with the New Zealand agreement expected to enter into force by the end of the year and described as the seventh such pact concluded during the current tenure. Negotiations with the European Union have been closed, while agreements with the European Union and the United States are expected in the coming months. Talks with the United States have focused on market access, non-tariff measures, technical barriers to trade, customs and trade facilitation, investment promotion, economic security alignment and digital trade.
April 27, 2026
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Free trade agreement expands duty-free access, services market entry and skilled mobility between India and New Zealand.
India and New Zealand have concluded a comprehensive free trade agreement providing duty-free access for all Indian exports to New Zealand across tariff lines, including textiles, apparel, leather, footwear, gems and jewellery, engineering goods and processed foods. The pact also contemplates New Zealand investment commitments, phased tariff liberalisation by India on a significant share of New Zealand tariff lines, and exclusions for sensitive Indian sectors such as dairy, certain agricultural goods, sugar, arms and ammunition, and specified metals-related products.
April 27, 2026
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Fertiliser supply security remains stable as India plans imports, keeps urea and DAP prices unchanged.
India plans substantial imports of urea and other fertilisers for the kharif season in response to higher global prices and supply disruptions linked to the West Asia crisis, while maintaining unchanged retail prices for farmers. The government has stated that urea continues to be sold at the existing controlled price and that there is adequate supply for the season, with imports already received, additional quantities secured through global tender, and further consignments expected to arrive to support availability. Domestic urea production was affected by force majeure on gas deliveries, but higher gas availability has since improved output, and global tenders have been initiated for non-urea fertilisers to ensure peak-season supply.
April 27, 2026
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Free trade agreement boosts duty-free access for Indian exports, strengthens MSMEs, and protects agriculture and dairy.
India-New Zealand free trade agreement was signed as a landmark step in bilateral partnership, aimed at deepening developmental cooperation and expanding two-way trade and investment. The arrangement provides duty-free access for Indian exports to New Zealand across all tariff lines, strengthening labour-intensive sectors, MSMEs and employment, while agriculture and dairy remain fully protected. It also supports students, skilled professionals, agriculture, manufacturing, innovation and technology.
April 27, 2026
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Hydration Partnership and sustainability shape Bisleri's role at the TCS World 10K Bengaluru 2026
Bisleri International returned as the Official Hydration Partner for the TCS World 10K Bengaluru 2026, providing hydration stations and mist zones across the race categories. The partnership also highlights sustainability through Bisleri's Greener Promise initiative, including recycled plastic benches and limited edition bottles featuring marathon icons. Bisleri's broader business profile emphasizes packaged drinking water, quality testing, purification, distribution reach and sustainability-focused initiatives.
April 27, 2026
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Rupee pressure amid crude oil spike and foreign selling, with market eyes on possible RBI intervention.
The rupee closed marginally stronger against the US dollar after recovering from intraday weakness, but remained under pressure from global uncertainty, West Asia tensions, elevated crude oil prices and foreign institutional investor selling. Market commentary noted a negative underlying bias, with traders watching the possibility of RBI intervention around higher levels. The report also noted a slight decline in the dollar index, higher Brent crude prices, rising domestic equities and an increase in India's foreign exchange reserves over the reporting week.
April 27, 2026
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Money laundering probe under PMLA triggers searches for proceeds of crime and benami assets linked to suspended police DIG.
Enforcement Directorate searches were conducted at multiple premises in Punjab in a money laundering probe under the Prevention of Money Laundering Act against suspended police DIG Harcharan Singh Bhullar, his associates and suspected benamidars. The investigation arises from a CBI case alleging illegal gratification through a middleman and assets disproportionate to known sources of income. The searches were intended to trace proceeds of crime, identify benami assets and collect evidence relating to money laundering.
April 27, 2026
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Free trade agreement expands duty-free access, tariff liberalisation, and investment facilitation between India and New Zealand.
India and New Zealand have concluded a free trade agreement providing duty-free access for Indian exports, duty-free inputs for manufacturing, and tariff liberalisation with exclusions for sensitive sectors. The agreement also includes phased tariff elimination for selected goods, limited tariff-rate quotas for certain products, a commitment to facilitate investment into India, and a rebalancing clause to address any shortfall in investment delivery.
April 27, 2026
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Branch network expansion supports wealth banking, cross-border client services, and community-led CSR initiatives in Maharashtra.
HSBC India expanded its branch network by opening a new branch in Nagpur, Maharashtra, to strengthen its presence in emerging commercial and wealth centres and to build out its wealth proposition for affluent, high net worth, ultra-high net worth and non-resident clients. The expansion followed Reserve Bank of India approval to open new branches in key cities. The launch also aligned with corporate social responsibility activity in Maharashtra, including a community-led women entrepreneurship initiative in Vidarbha focused on sustainable livelihoods for tribal communities.
April 27, 2026
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Shipping line charge transparency and force majeure rules face urgent calls for policy intervention amid exporter distress.
Shipping line disruptions linked to geopolitical developments have been described as a systemic issue affecting exporters across sectors, ports, and shipment categories, requiring policy-level intervention. Exporters reported stranded containers, rerouting, service suspensions, and transshipment delays, while continuing to bear detention, demurrage, war risk surcharges, and other ancillary charges despite limited or no service delivery. The discussion highlighted a regulatory gap in transparency, standardised charges, and force majeure protocols, and called for clearer norms and policy guidance.
April 27, 2026
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Free trade agreement expands market access, services mobility, and investment while protecting sensitive sectors through targeted exclusions.
India and New Zealand are set to conclude a free trade agreement intended to expand bilateral commerce in goods and services and promote investment. The pact is described as a broad economic framework covering trade in goods, rules of origin, services, customs and trade facilitation, sanitary and phytosanitary measures, technical barriers to trade, trade remedies, dispute settlement and legal provisions. It provides substantial market access commitments, including duty-free or phased concessions, services access and a new Temporary Employment Entry Visa pathway for skilled Indian professionals, while sensitive sectors are protected through exclusions, tariff-rate quotas, minimum import prices and safeguard measures.
April 27, 2026
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Rupee weakness deepens as dollar demand, oil prices, and geopolitical uncertainty keep pressure on currency markets.
The Indian rupee weakened in early trade against the US dollar amid persistent dollar demand, rising oil prices, geopolitical uncertainty, and foreign institutional outflows. Market participants said the currency had fallen for five straight sessions and was moving within a near-term range shaped by support and resistance levels, while India's forex reserves continued to build and cross USD 703 billion.
April 27, 2026
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Startup India Fund of Funds 2.0 sets a catalytic AIF framework to mobilise private capital for startup funding access.
Operational guidelines for Startup India Fund of Funds 2.0 provide a structured framework for fund deployment, governance, and monitoring through SEBI-registered Category I and II Alternative Investment Funds investing in DPIIT-recognised startups. SIDBI is the initial Implementation Agency, with provision for an additional agency, and AIFs are segmented by focus areas such as deep tech, micro venture capital, innovative manufacturing, and sector- and stage-agnostic funds. The scheme requires minimum private capital mobilisation, includes a two-stage selection process, and allows co-investment and ecosystem capacity-building use of returns.

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Sahajanand Medical Technologies Achieves ISO 50001 Certification, Among Early Adopters in India's Cardiovascular Device Manufacturing Sector

April 29, 2026

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Mumbai, Maharashtra, India (NewsVoir) Sahajanand Medical Technologies (SMT) has successfully obtained the ISO 50001:2018 Energy Management System certification for its manufacturing facilities in Surat and Hyderabad. The certification recognizes SMT’s approach to optimizing energy use, strengthening environmental stewardship, and embedding sustainability within its operational framework.

ISO 50001:2018 is an internationally recognized standard that provides a systematic framework for establishing, implementing, maintaining, and continually improving an Energy Management System (EnMS). By adopting this standard, SMT has further strengthened its ability to monitor energy consumption, improve efficiency, and integrate sustainable practices across its manufacturing ecosystem. This milestone reflects SMT’s long-standing philosophy that healthcare innovation must go hand in hand with environmental responsibility.

SMT has integrated sustainability into infrastructure design and operational planning through multiple initiatives. These include solar-powered energy installations to reduce dependence on conventional energy sources and proactive environmental management within the manufacturing premises, and protection of the natural ecosystem within its allotted land.

The ISO 50001:2018 and other initiatives form part of SMT’s broader climate change mitigation strategy, which commits the company to environmental protection while offsetting the organization’s impact on natural resources. By reducing carbon emissions and optimizing energy consumption, SMT continues to align its manufacturing footprint with global sustainability standards and responsible industrial practices.

Commenting on the achievement, Bhargav Kotadia, Chief Executive Officer, SMT, said, “At SMT, we believe that the future of healthcare innovation is inseparable from environmental responsibility. Achieving ISO 50001:2018 certification across our manufacturing facilities at Surat and Hyderabad is a significant milestone that reflects our commitment to building a sustainable, energy-efficient organization. As we continue to expand, we remain focused on integrating responsible manufacturing practices that not only enhance operational efficiency but also contribute meaningfully to the global sustainability agenda.” Commenting on the certification, Ms Urmi Kotadia, SMT’s Lead for Sustainability said, “At SMT, our purpose is ‘pledged to save millions’ through life-saving cardiovascular technologies. Alongside this mission, we recognize that sustainability is a critical enabler of long-term healthcare innovation. Through the ISO 50001:2018 certification, SMT has become the first domestic cardiovascular manufacturing unit to implement a structured approach to energy management that not only optimizes energy use but also strengthens our environmental goals. As energy resources become increasingly constrained and sustainability concerns grow globally, we recognise that organizations must adopt efficient approaches to managing energy consumption..” She further added that “This achievement marks a significant step forward in our journey towards environmental stewardship, energy efficiency and operational excellence because at SMT we care not only for People but also for the Planet..” With this milestone, SMT continues to demonstrate that medical device manufacturing can be achieved alongside responsible energy management and environmental protection, strengthening its commitment to delivering life-saving innovations while safeguarding the planet.

About SMT (Sahajanand Medical Technologies) SMT (Sahajanand Medical Technologies) is a medical devices company with a portfolio of technologically advanced medical devices across vascular and structural heart intervention. SMT offers an extensive portfolio of products focusing on vascular intervention and was the first company in the world to receive CE certification for a DES with a biodegradable polymer. SMT has a global presence with its footprints in more than 75 countries, as on March 31, 2025.

For further updates, please visit the website or follow SMT on LinkedIn.

Disclaimer Sahajanand Medical Technologies Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, an initial public offer of its equity shares and has filed a draft red herring prospectus dated July 25, 2025 (“DRHP”) with the Securities and Exchange Board of India (“SEBI”) and the stock exchanges. The DRHP is available on our website at www.smtpl.com as well as on the website of SEBI at www.sebi.gov.in, Motilal Oswal Investment Advisors Limited at www.motilaloswalgroup.com, Avendus Capital Private Limited at www.avendus.com, HSBC Securities and Capital Markets (India) Private Limited at www.business.hsbc.co.in and Nuvama Wealth Management Limited at www.nuvama.com and and the websites of the stock exchange(s) at www.nseindia.com and www.bseindia.com, respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and refer to the Red Herring Prospectus, including the section titled “Risk Factors” of the Red Herring Prospectus when available, for details. Potential investors should not rely on the DRHP for any investment decision.

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

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