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    GeM Strengthens Digital, Transparent and Inclusive Public Procurement in India’s Governance Ecosystem
    National Workshop on Seafood Exports Focuses on Value Addition, Sustainability and Market Access
    APEDA Facilitates First Export of GI-Tagged Tezpur Litchi from Assam to Dubai
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June 9, 2026
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Digital public procurement on GeM expands transparency, inclusivity and access for enterprises, startups and small businesses.
Government e Marketplace (GeM) functions as a digital public procurement platform that replaces manual, fragmented purchasing with a technology-driven system. It uses online onboarding, transparent bidding, digital contract management and end-to-end procurement processes to improve transparency, reduce human interface and widen participation by enterprises across geographies. Inclusivity is a central feature, with strong growth in participation by micro and small enterprises, women-owned enterprises, startups and SC/ST enterprises, alongside procurement support for public service delivery and healthcare supplies.
June 9, 2026
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Seafood export value addition and traceability drive India's push for stronger market access, infrastructure and sustainability.
Seafood export policy focused on strengthening value addition, sustainability, traceability, infrastructure and market access across the fisheries value chain. Discussions examined processing, branding, quality enhancement, certification, logistics, cold chain development, diversification of export markets and a Production Linked Incentive framework for the seafood sector. Deliberations also covered export-oriented fisheries infrastructure, compliance with international standards, support for startups and MSMEs, and opportunities in deep-sea resources and other emerging fisheries segments.
June 9, 2026
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GI-tagged agricultural exports gain momentum as Tezpur Litchi from Assam reaches Dubai through APEDA facilitation.
APEDA facilitated the first export consignment of GI-tagged Tezpur Litchi from Assam to Dubai, creating a new export channel for a regional horticultural product. The GI status strengthened product identity, improved international buyer appeal, and supported premium agricultural exports from Assam. The initiative was linked to better grower returns, new marketing opportunities, export-oriented value chains, and broader integration of farmers into global markets through quality assurance, certification support, capacity building, and market linkage efforts.
June 9, 2026
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Corporate law reform panel invites stakeholder views on amendments to companies and LLP governance rules.
The Joint Committee on the Corporate Laws (Amendment) Bill, 2026 has invited views and suggestions on its specific clauses from stakeholders and experts. The Bill proposes comprehensive amendments to the Companies Act, 2013 and the Limited Liability Partnership Act, 2008, aiming to improve the ease of doing business, decriminalise minor procedural defaults, and modernise corporate governance. Suggestions may be sent in English or Hindi to the Lok Sabha Secretariat or by e-mail within the stated deadline.
June 9, 2026
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Examination fraud alerts intensify as police warn NEET-UG aspirants against fake paper leak claims and suspicious calls.
Police advisory cautions NEET-UG aspirants and parents against rumours, misinformation, and fraud calls falsely offering question papers or answer sheets ahead of the retest. The notice warns that anti-social elements and cyber fraudsters may try to undermine examination integrity through social media and deceptive communications, and asks the public to immediately report suspicious offers or requests to the Economic Offence Unit. Persons involved may face legal action and criminal proceedings.
June 9, 2026
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Export growth and import momentum remained strong despite Iran war disruption, supported by autos and technology shipments.
China's customs data showed a sharp rise in exports and imports in May, with exports increasing 19.4% year-on-year and imports rising 27.4%. The export performance was stronger than in April and remained resilient despite disruption linked to the Iran war. The reported strength was supported by shipments of autos and technology, including artificial intelligence-related products such as semiconductors.
June 9, 2026
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Innovation-led healthcare drives India's pharmaceutical growth strategy, with global partnerships and affordable medicines at the core.
India's pharmaceutical sector is presented as a partner in innovation-led healthcare while continuing to supply affordable medicines globally. Global companies are invited to deepen collaboration through manufacturing, technology, clinical trials, supply chains and market access, with the industry described as capable of significant expansion over the next five years. The sector's strengths are identified as trust, innovation and partnerships, supported by global manufacturing standards, rising patent filings, and government programmes for research and development. India also emphasises durable cooperation for equitable healthcare access and long-term pharmaceutical supply resilience.
June 9, 2026
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Credit availability and financial inclusion drive discussed to widen formal lending, scheme coverage, and capital investment support.
Credit availability, financial inclusion and implementation of Central schemes were discussed with a view to expanding formal credit, ensuring wider coverage under flagship financial inclusion and social security schemes, and supporting capital infrastructure through the Special Assistance to States for Capital Investment scheme.
June 8, 2026
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Stamp duty and registration reform focuses on clearer rules for restructuring, LLP, RERA transactions, and digital verification.
Simplification of legal provisions governing corporate restructuring, LLP, RERA-related transactions and stamp duty matters is directed to align the legal framework with changing economic and business requirements. The reform agenda includes review of stamp and registration procedures for mergers, demergers, amalgamation, acquisitions, changes in shareholding, housing cooperative societies and sale agreements, together with a clear and practical stamp duty structure based on best practices from other states. Modernisation measures include digital verification, paperless registration, digitisation of records, AI-based systems, geo-tagging and a standardised property valuation system.
June 8, 2026
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Current account balance improved on services exports, remittances and stronger capital inflows in the latest balance of payments data.
Current account balance improved in the January-March quarter of 2025-26, supported by stronger services exports and higher remittance inflows. Merchandise trade remained in deficit, but net services receipts and personal transfer receipts increased, while primary income outgo declined. The balance of payments also reflected stronger FDI inflows, a net FPI inflow in the quarter, and higher non-resident deposit inflows, alongside an increase in foreign exchange reserves on a BoP basis.
June 8, 2026
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Precious metals weaken as West Asia tensions, rising crude prices, and interest rate expectations pressure gold and silver.
Gold and silver prices declined in domestic and overseas markets amid fresh West Asia tensions, as rising crude oil prices and inflation concerns weighed on precious metals. Analysts said stronger dollar sentiment, robust US jobs data, and expectations of tighter monetary policy further pressured bullion, while silver extended its losing streak and Brent crude briefly surged before easing.
June 8, 2026
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Industrial park development scheme uses a competitive digital portal for transparent project selection, monitoring, and infrastructure planning.
BHAVYA is a Government industrial park development scheme launched through a dedicated portal to operationalise a competitive, challenge-based framework for selecting and implementing investment-ready industrial parks across States and Union Territories. The scheme contemplates development of 100 industrial parks over six years, with State Governments providing land and the Government of India supporting infrastructure through the National Industrial Corridor Development Corporation under a 51:49 partnership model. NICDC will implement and monitor the scheme through the BHAVYA Portal as a single digital interface for project submission, appraisal, evaluation and real-time monitoring.
June 8, 2026
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Market access for aquaculture and animal-origin exports continues as India meets updated European Union requirements.
European Union amended Regulation (EU) 2021/405 to add requirements for exports of aquaculture products, eggs, honey and animal casings from September 2026 in response to antimicrobial resistance concerns. India has been included as an authorised country to continue exporting these products beyond September 2026, following coordinated engagement by the Department of Commerce, the Export Inspection Council and other stakeholders and strengthened inspection, testing and certification controls aligned with European Union requirements.
June 8, 2026
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Gold loan eligibility and repayment flexibility widen access through minimal KYC, gold-based valuation, and simple online application.
Gold loan eligibility is broad and based on pledged gold collateral rather than income proof or extensive credit documentation. Indian citizens aged 21 to 80 may apply, using gold jewellery or ornaments of 18 to 22 karat purity, or gold coins up to 24 karats. Documentation is minimal and limited to one valid KYC document. Interest depends on loan amount, tenure, and gold purity, repayment is flexible, and foreclosure is permitted without additional charge.
June 8, 2026
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Money laundering probe gains access to SFIO records in CMRL-Exalogic investigation over alleged proceeds of crime.
The Enforcement Directorate sought access to documents collected by the Serious Fraud Investigation Office in a money laundering investigation connected with Cochin Minerals and Rutile Ltd and Exalogic Solutions Private Limited. The court permitted the ED to obtain copies of 134 SFIO documents after hearing the ED, the SFIO and CMRL, notwithstanding CMRL's objection that the records should not be handed over without hearing the company.
June 8, 2026
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Rupee bulk deposit pricing and interest rate disclosure rules are proposed for banks under draft RBI amendment directions.
Greater flexibility for banks in pricing Rupee bulk deposits and uniformity in disclosure of interest rates on deposits are proposed through draft amendment directions issued for commercial banks, small finance banks, regional rural banks, payment banks, local area banks and urban co-operative banks. Comments and feedback on the draft amendment directions may be submitted by regulated entities and members of the public or other stakeholders up to the specified deadline through the online regulatory consultation platform or by email using the prescribed subject line for the relevant draft direction.
June 8, 2026
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GIFT City financial framework attracts NRIs with tax exemptions, foreign currency transactions, and simplified compliance.
GIFT City is described as India's first International Financial Services Centre, operating within a special regulatory framework that permits foreign currency financial activity and functions like an offshore financial hub. The article states that NRIs and other participants are attracted by tax exemptions, simplified compliance, a dedicated regulatory structure, and direct foreign currency transactions without mandatory conversion to rupees.
June 8, 2026
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Banking fraud investigation plea seeks court-monitored probe into alleged diversion of funds and suspicious transactions.
A public interest litigation filed in the Supreme Court alleges banking fraud involving asset reconstruction companies, public sector banks and a Noida-based infrastructure firm, and seeks a court-monitored investigation into the transactions identified in a forensic audit report. The plea asks for a judicial commission or expert committee comprising officers of the RBI, SEBI, SFIO, ED and CBI to examine the alleged corporate and banking fraud facilitated by the asset reconstruction companies. As an alternative, it seeks directions to the ED, SFIO and CBI to investigate suspicious transactions mentioned in an Ernst & Young forensic audit report.
June 8, 2026
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GST portal functionality expands digital compliance tools for registration, refunds, returns, e-way bills, and taxpayer validation.
GST portal functionality is expanded across registration, refunds, payments, returns, e-way bill management, audit, appeal, assessment, enforcement and related compliance modules. The listed updates cover bank account validation, Aadhaar authentication and e-KYC, geocoding of business premises, addition and alteration of registration data, suspension and revocation workflows, temporary user ID facilities for unregistered persons, and automated status tracking for registration and refund applications. The portal also provides return-filing and statement features such as e-invoice import, GSTR-1 and GSTR-3B enhancements, GSTR-2B validation, GSTR-4 and GSTR-9 related changes, HSN validation, sequential filing controls, late fee and interest computation adjustments, and QRMP scheme support.
June 8, 2026
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Personal loan eligibility planning helps borrowers estimate repayment capacity, choose suitable tenure, and avoid over-borrowing before applying.
Personal loan applicants are encouraged to assess borrowing capacity before applying by using an online eligibility calculator that estimates the loan amount a borrower may qualify for on the basis of monthly income, monthly expenses, city of residence, and date of birth. The calculator helps prospective borrowers choose a loan amount and repayment tenure aligned with their repayment capacity and budget. The product described is a collateral-free personal loan with variable interest rate and repayment tenure extending up to 108 months, with disbursal subject to lender assessment and document verification.

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Customs & Trade

Trex Energy Launches REX BESS 125kW/261kWh with Liquid-Cooling (C&I) to Support Smart Industrial Energy Infrastructure

June 8, 2026

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• Integrated Smart BESS — 261kWh LFP battery with liquid cooling, EMS, and fire suppression • Multi-Use Energy Storage — Built for renewables, EV charging, backup power, and peak load management • Safe & Scalable — Real-time monitoring, remote diagnostics, and globally certified architecture HYDERABAD, India, June 8, 2026 /PRNewswire/ -- Trex Energy, an innovative energy storage solutions company headquartered in Hyderabad, Telangana, today announced the official commercial launch of the REX BESS 125kW/261kWh with Liquid-Cooling Battery Energy Storage System (BESS). The REX BESS from Trex Energy combines liquid cooling, intelligent energy management system, and integrated AC/DC architecture to deliver reliable, scalable energy storage for commercial, industrial, and utility applications in India and globally. This product launch arrives against the backdrop of MSEDCL's new tariff policy, which signals electricity tariff rebates for the adoption of energy storage solutions Product Overview: The REX BESS 125kW/261kWh BESS The REX BESS is a fully integrated, single-cabinet energy storage solution featuring a 261 kWh LFP (Lithium Iron Phosphate) battery with a nominal voltage of 832V and a cell capacity of 314Ah. With a maximum DC voltage of 950V and a maximum input active power of 125kW, the system is designed for high-efficiency charge-discharge cycles across both on-grid and off-grid configurations. Operating reliably across temperatures from -20°C to 55°C, and rated IP54 for protection against dust and water ingress, the REX BESS is built for real-world industrial conditions. Commenting on the launch Roshan Shaik, Technical Director - Trex Energy, said, "The REX BESS is not just a product — it is our commitment to India's energy future. With liquid cooling, aerosol fire suppression, and intelligent cloud monitoring built into a single cabinet, we are giving our customers a system they can trust for decades of reliable operation." Key Features Efficient & Scalable: Flexible expansion design allows one machine to serve multi-effect matching across a variety of application scenarios. Optional 100kW MPPT and 200kW STS support future capacity growth without system replacement. Reliable & Safe: Equipped with aerosol fire suppression and multiple protection systems covering overcharge, over-discharge, short circuit, and thermal events — ensuring safety across all operating conditions. Smart Energy Intelligence: Integrated Energy Management System (EMS) with 4G connectivity and a 7-inch HMI touch screen enables real-time monitoring, remote diagnostics, and fingertip cloud maintenance from anywhere. Fully Integrated System: Highly integrated AC and DC design in a single cabinet (under 1700×1350×2200mm, under 3500kg). Compatible with PV input, AC bus, grid, loads, and EV charging piles in a unified architecture. Advanced Liquid Cooling: Precision liquid cooling maintains optimal cell temperatures across all conditions, significantly reducing degradation and extending the battery lifecycle compared to conventional air-cooled systems. Applications The REX BESS 125kW/261kWh BESS is designed to address a wide spectrum of energy challenges across industries: Peak Load Management: Reduce electricity costs significantly through effective peak shaving and load shifting, lowering demand charges for commercial and industrial facilities. Renewable Integration: Enhance solar (PV) and wind energy utilization with stable, high-capacity storage — directly compatible with PV input through the integrated EMS architecture. Energy Backup: Provide reliable power supply during grid outages for uninterrupted operations in critical facilities, manufacturing units, and data centers. EV Charging Support: Enable efficient and scalable EV charging infrastructure with stable power delivery, supporting India's fast-growing electric mobility ecosystem. Grid Support: Strengthen power networks with distributed energy solutions — supporting frequency regulation, voltage stabilization, and load balancing for utilities. Energy Trading (Arbitrage): Maximize savings by leveraging energy price fluctuations — charging during off-peak hours and discharging during peak tariff periods. Technical Specifications — REX BESS-125kW/261kWh Technical Specifications — Rex BESS-125kW/261kWh DC Side Max Voltage 950V Max Current 160A Voltage Range 650~950V AC Grid Connection Max. Apparent Output 138kVA Max. Input Active Power 125kW Nominal Voltage 400Vac, 3P3W+PE / 3P4W+PE Max. Input Current 200A Nominal Input Frequency 50/60Hz AC Off-Grid Nominal Voltage 400Vac, 3P3W+PE / 3P4W+PE Max Output Current 200A Nominal Frequency 50/60Hz Battery Cell Capacity 314Ah (LFP) Capacity 261kWh Nominal Voltage 832V Voltage Range 728~910V C Rate ≤0.5C System Level HMI 7-inch touch screen Fire Safety Aerosol fire suppression Cooling Method Liquid Cooling Operating Temperature -20°C to 55°C IP Degree IP54 Dimensions (W×D×H) <1700×1350×2200mm Weight <3500kg Others MPPT 100kW (Optional) STS 200kW (Optional) Optimistic about the future, Bharat Chhittarka, Managing Director – Trex Energy opined, "With the REX BESS now available for deployment, Trex Energy is ready to partner with industries, renewable energy developers, and utilities across India who need proven, intelligent, and safe energy storage solutions. This is the system that will power the next generation of smart energy infrastructure." Availability & Deployment The REX BESS 125kW/261kWh BESS is now available for order and deployment. Trex Energy provides end-to-end support — from site assessment and system design to installation, commissioning, and ongoing maintenance. Customized configurations, including optional MPPT (100kW) and STS (200kW) integration, are available to suit specific project requirements. For inquiries, project consultations, or to schedule a demonstration, contact Trex Energy directly. For more information about the product and the brand please visit the website. About Trex Energy Trex Energy is a Hyderabad-based energy storage solutions company dedicated to designing and delivering advanced Battery Energy Storage Systems for commercial, industrial, and utility applications. With a tagline of "We Store Electrons," Trex Energy is committed to accelerating India's clean energy transition through innovative, reliable, and intelligent energy storage technology. Trex Energy operates from its registered offices in Hyderabad, Telangana and Pune, Maharashtra. For media queries please contact: Narayan Vasu | Sales Director - Trex Energy Tel: +91 98660 11445 Email: [email protected] Web: www.trexenergy.in Address: 8th Floor, Vamsiram Suvarnadurga Tech Park, Financial District, Nanakramguda, Hyderabad, Telangana 500032 Logo: https://mma.prnewswire.com/media/2995678/Trex_Energy_Logo.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR

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