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    As world faced turmoil, India forged partnerships to maintain its economic growth: Shah
    Haryana govt, RBI review measures to tackle financial frauds
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September 7, 2026
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Free trade agreements and cyber-fraud prevention feature in India's stated strategy for economic growth, security, and digital protection.
India's external economic strategy relies on diplomatic engagement, strategic partnerships and free trade agreements to sustain growth amid geopolitical uncertainty. Cooperation extends to defence, technology, energy, investment and trade, as well as digital public infrastructure, disaster relief and capacity building. Internal and border security are treated as conditions for national development, while police responsibilities include community safety, maritime protection and tourist safety. Growing cyber-fraud risks linked to the digital economy are addressed through coordination with states and the national cybercrime helpline.
September 7, 2026
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Financial fraud prevention advances through accessible complaints, cyber awareness, intelligence-sharing, and AI-based detection of mule accounts.
Financial-fraud prevention measures rely on coordinated review of alleged fraud, unauthorised deposit collection, complaints, market intelligence, investor protection and cyber threats. The SACHET portal supports market intelligence and complaints concerning unregulated financial activities through multilingual and accessibility features. MuleHunter.ai uses artificial intelligence and machine learning to identify mule accounts used in fraudulent fund flows. Financial-literacy programmes and accessible educational initiatives promote safe banking, fraud awareness and coordinated responses to cyber-enabled financial crime.
September 7, 2026
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Technology-driven tax dispute resolution supports faster tribunal processes, reduced litigation, and improved taxpayer services through digital filing and assessments.
The Kolkata Bench of the Income Tax Appellate Tribunal is intended to expedite tax-dispute resolution across 12 states, including seven northeastern states, while advancing impartial, accessible and swift justice. Its administrative role includes improving justice delivery, reducing pendency and pursuing AI-driven digital transformation. The Income Tax Department and the Tribunal seek reduced litigation and improved taxpayer services through technology-driven measures, including faceless assessment and electronic filing.
September 7, 2026
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Appeals against NIL or Zero GST demand orders are enabled where taxpayers paid liabilities before issuance of the order.
GST Portal validation restricting appeals against demand orders showing NIL or Zero demand has been removed where a liability dispute exists and the taxpayer made payment before issuance of the demand order. Taxpayers may challenge such orders by filing an appeal in Form GST APL-01, and may raise a ticket with the GST Helpdesk if filing difficulties arise.
September 7, 2026
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Certificate of origin API integration enables exporters to submit applications, receive certificates, verify issuance, and reduce repetitive data entry.
Open API integration for Certificates of Origin enables eligible exporters to connect ERP, accounting and other business software with the Trade Connect e-Platform for electronic application submission. The facility covers preferential and non-preferential certificates, provides authentication, file-submission and certificate-verification APIs, and maintains a transaction ledger for application tracking. Security measures include digital signatures, password hashing, IP whitelisting and time-limited access tokens. Relevant origin criteria, fields and validation rules are automatically applied according to the selected trade agreement or certification scheme.
September 7, 2026
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Free trade agreements and strategic partnerships were identified as supporting India's trade engagement and economic growth amid geopolitical disruption.
India's international economic engagement through free trade agreements and strategic partnerships was identified as a means of sustaining economic growth amid geopolitical disruption. Economic cooperation was described as extending across defence, technology, energy, investment and trade. Nine free trade agreements were stated to have been concluded by 2026, with further trade arrangements proposed with other countries. Pursuit of free trade agreements was linked to increasing trade and to reported first-quarter GDP growth in the financial year 2026-27.
September 7, 2026
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Leadership, talent recognition and legacy framed a discussion linking cricketing performance with entrepreneurship and organisational responsibility.
No FEMA or RBI regulatory measure, compliance obligation, legal interpretation, or adjudicatory determination is identified. The subject matter concerns leadership, performance and entrepreneurship, with emphasis on preparation, decision-making under pressure, teamwork, recognising potential and supporting talent. Corporate success is linked with creating opportunities, contributing to society and building a lasting legacy. Zaggle is described as providing enterprise spend management, card-based financial products through banking partnerships and software offerings for corporate customers.
September 7, 2026
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AI-driven digital markets require competition scrutiny of autonomous pricing, self-preferencing, discriminatory pricing, tying, and market manipulation.
Artificial intelligence may accelerate anti-competitive conduct in digital markets through self-preferencing, discriminatory pricing, tying and market manipulation. Agentic AI may create particular concerns where it monitors competitors' prices and autonomously responds without direct human intervention. Competition law aims to prevent anti-competitive practices, promote competition, protect consumers and preserve freedom of trade, while allowing legitimate growth and innovation. Market dominance is not objectionable in itself; concern arises from abuse of dominance through exclusionary or exploitative practices.
September 7, 2026
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Healthcare innovation and supply-chain self-reliance are prioritised through trade access, investment, research collaboration, testing infrastructure, and quality standards.
Healthcare-sector development priorities seek to expand medical devices, diagnostics, digital health, research, and pharmaceutical machinery through exports, import substitution, and services growth. Free trade agreements are presented as supporting preferential market access, services opportunities, and mobility. Sectoral growth is linked to startup incubation, intellectual-property capability, international research collaboration, technology transfer, and joint ventures. Healthcare self-reliance requires indigenous equipment, critical components, resilient supply chains, shared testing and certification infrastructure, and uncompromising quality standards.
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September 7, 2026
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Foreign exchange market pressures from rising crude oil and weak domestic equities constrained rupee support from foreign inflows.
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September 7, 2026
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Healthcare supply-chain resilience requires diversified sourcing, global investment, domestic innovation, and stronger medical-device production supported by enabling infrastructure.
Healthcare supply-chain resilience requires diversified sourcing, restoration of domestic capacity in Active Pharmaceutical Ingredients and Key Starting Materials, and continued imports where necessary through multiple suppliers and geographies. Pharmaceutical industry growth should move beyond generics towards research, development, patented products, new molecules, biosimilars and biotechnology. Regulatory convergence should support clinical trials, patenting and new-product introduction. Government support is contemplated for medical value travel, healthcare infrastructure, bulk drug parks, plug-and-play facilities, medical-device component production and scientific validation of Ayush products.
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September 6, 2026
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September 6, 2026
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Food business licensing: Third-party restaurant operators require their own licences and cannot operate under another entity's registration.
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Tariff-driven inflation and elevated borrowing costs constrain growth, while durable deficit reduction may require spending restraint and tax increases.
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AI data centre development receives state support for a high-capacity campus and accelerated commissioning timetable.
HyperVault's proposed artificial-intelligence data-centre campus in Hyderabad is planned on 264 acres, with investment projected at up to Rs 70,000 crore and capacity of up to 1 GW. The campus is intended to provide high-density, liquid-cooled computing infrastructure for frontier AI companies and hyperscalers. Telangana's Chief Minister sought inauguration by June 2, 2028, while assuring required governmental sanctions and support. The project is estimated to create 7,000 jobs.
September 5, 2026
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Inflated net-worth certificates allegedly enabled secured lending, triggering fraud, breach-of-trust and asset-stripping allegations after default.
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September 5, 2026
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AI data centre infrastructure investment enables phased deployment of high-density, liquid-cooled computing capacity using green and water-neutral design.
HyperVault plans to develop an artificial intelligence data-centre campus on 264 acres in Hyderabad, with capacity of up to 1 GW and investment by HyperVault and its partners of up to Rs 70,000 crore. The facility is intended to provide high-density, liquid-cooled computing infrastructure for frontier AI companies and hyperscalers. Development will proceed in phases according to customer demand and technology requirements, incorporating green-energy use and water-neutral design principles.

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India, Netherlands elevate ties to strategic partnership; ink 17 pacts on defence, critical minerals, other sectors

May 17, 2026

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The Hague, May 17 (PTI) Driven by shifting global geopolitics, India and the Netherlands elevated their ties to a strategic partnership and inked 17 agreements to boost cooperation in defence, critical minerals and other key sectors during talks between Prime Minister Narendra Modi and his Dutch counterpart Rob Jetten.

In their meeting on Saturday evening, the two prime ministers expressed deep concern over the situation in West Asia, especially its serious implications for the region and beyond in view of disruptions caused to the global energy supplies and trade networks.

Modi and Jetten also called for freedom of navigation and global flow of commerce through the Strait of Hormuz, while opposing any "restrictive" measures, and reaffirmed their support for ongoing initiatives in this regard, according to a joint statement.

Roughly one-fifth of global energy supplies pass through this narrow waterway, where shipping has been severely disrupted since February 28, after the US and Israel launched a joint attack on Iran, triggering retaliatory strikes.

The two leaders also discussed the situation in Ukraine - marked by the ongoing conflict with Russia and regional security developments.

They agreed to continue supporting efforts towards the achievement of comprehensive, just and lasting peace in Ukraine through dialogue and diplomacy, based on the principles of the UN Charter and international law, the joint statement said.

On the subject of Ukraine, the two sides also expressed concern over the ongoing war, which continues to "cause immense human suffering and carries global consequences", it said.

Modi landed in The Hague on Friday on a two-day visit as part of a four-nation trip to Europe - which also includes Sweden, Norway and Italy - aimed at ramping up bilateral ties on a range of key areas.

Following the Modi-Jetten talks, India and the Netherlands unveiled a "strategic partnership roadmap" to boost ties in trade and investment, defence and security, critical and emerging technologies, including semiconductors, space, AI and quantum computing.

The two leaders also launched an ambitious "India-Netherlands roadmap on the development of green hydrogen".

Modi and Jetten agreed to explore possibilities of establishing a defence industrial roadmap to ensure joint manufacturing of defence equipment, systems, components and other key capabilities through transfer of technology and setting up of joint ventures.

The Netherlands is one of India's largest trading destinations in Europe, with bilateral trade touching USD 27.8 billion in 2024-25.

The European nation is India's fourth largest investor with cumulative foreign direct investment of USD 55.6 billion.

The Netherlands, with its world class logistics network, also serves as a strategic gateway to Europe for Indian exporters, mainly through the Port of Rotterdam.

In the talks, the two sides also agreed to enhance cooperation in science and innovation, sustainability, health, agriculture, water management, climate change, energy transition, maritime development and people-to-people ties.

The agreements inked between the two sides will provide for boosting cooperation in areas of semiconductors, critical minerals, health, water, renewable energy, agriculture and culture among others, according to the Ministry of External Affairs (MEA).

A key pact signed following the Modi-Jetten meeting was one on migration and mobility, which is expected to facilitate movement of Indians to the European nation for jobs and education.

While deliberating on geopolitical developments, the two leaders called for a free, open and peaceful lndo-Pacific, based on respect for international law, sovereignty and territorial integrity, freedom of navigation and "absence of coercion and conflicts", according to the joint statement.

The remarks came against the backdrop of growing global concerns over China's increasingly assertive behaviour in the region.

Recognising the strategic importance of critical minerals for continued innovation, the two prime ministers expressed their mutual interest in strengthening cooperation across the critical minerals value chain, including exploration and integration of value chains.

China currently dominates the global critical minerals supply chain, controlling not only the extraction but also the refining, processing and intermediate manufacturing of more than 15 essential minerals.

Both leaders also welcomed an initiative to connect the Dutch Semicon Competence Centre to the Indian Semiconductor Mission, which aims to support and strengthen the semiconductor sector, the joint statement noted.

On enhancing overall two-way trade, Modi and Jetten emphasised the immense potential for further growth particularly in light of opportunities arising from the India-EU Free Trade Agreement, which was signed earlier this year.

"They agreed that the free trade agreement will strengthen political and economic ties between the world's second and fourth largest economies, at a time of rising geopolitical tensions and global economic challenges," the joint statement said.

In the meeting, Modi thanked Jetten for the continued Dutch support to India's permanent membership of a reformed and expanded UN Security Council.

According to the joint statement, Jetten strongly condemned the heinous and abhorrent Pahalgam terrorist attack in April 2025 - in which 26 people were killed - and extended his country's unwavering support to India in its fight against terrorism, including cross-border terrorism.

The two prime ministers unequivocally condemned terrorism in all its forms and manifestations and called for a "zero tolerance" approach to combat terrorism and rejected double standards in countering the menace, it said.

"There has been significant progress in India-Netherlands ties in the last one decade," Modi said in his televised opening remarks during the meeting with Jetten.

The prime minister said India considers the Netherlands among its most important partners as the historical and people to people relations between the two sides are "deep" rooted.

"Democratic values, market economy and responsible behavior are part of our common approach. Our cooperation in areas of water, healthcare and education has been making the lives of our people better," he said.

Modi also highlighted India's economic growth.

The prime minister suggested that there should be convergence of the Netherlands' expertise and India's "speed and skill" in every sector.

"We need to take our cooperation in areas of innovation, investment, sustainability and defence to new heights. Under this common vision, we are taking India-Netherlands relations to the level of strategic partnership," Modi said. PTI MPB ABD ABD

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