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    ECLGS 5.0 Achieves a Major Milestone, Guarantee Issuance Crosses 1 Lakh Mark, with total amount of guarantees more than ₹48,000 Crore
    CCI approves acquisition of certain shareholding in Shriram Life Insurance Company by Sanlam Emerging Markets (Mauritius) Ltd
    CCI approves acquisition of certain shareholding in PUMA SE by Ancat Holding GmbH
    Payoneer India Cross-Border Excellence Awards 2026 launched to recognise the country's leading cross-border businesses
    India attracted USD 843 billion in FDI between 2014-15 and 2025-26: Official
    DGTR Organises Media Briefing on Trade Remedy Measures and Fair-Trade Practices
    Government Extends Validity of Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0), Increases Loan Limits under the scheme
    Four in Five Business Leaders Expect Permanent Disruption as AI, Tariffs and Critical Minerals Competition Reshape Global Commerce, Finds DMCC Future ...
    Income tax burden reduction over 12 years reflects 'Ramrajya': Govt
    Rupee rises 14 paise to close at 95.27 against US dollar
    Jainson Cables India Marks a New Phase of Growth and Global Expansion
    Home Loan Demand Rises in 2026 as Indian Homebuyers Explore Affordable Financing Options
    'Tax evasion' case: Anil Ambani gets interim protection from coercive action under Black Money Act
    India’s Pharmaceutical Sector Reflects Commitment to Affordable Healthcare and Global Well-Being: Union Minister of Commerce and Industry Shri Piyus...
    Department of Commerce organizes Regional Outreach Programme and Press Interaction in Pharmexcil’s Regional Office, Mumbai
    India's exports hit all-time high of $863 bn in FY 25-26: Commerce ministry official
    J&K Bank inks pact to offer banking services to govt's contractual employees
    Karnataka at forefront of IT services, textile and petroleum products export: Official
    Strict timelines, independent audits: ED receives online feedback on improving functioning
    Rupee rises 20 paise to close at 95.41 against US dollar
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    June 10, 2026
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    Credit guarantee support under ECLGS 5.0 expands liquidity access for MSMEs and other borrowers through broad lender participation.
    The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 provides credit guarantee support to extend additional liquidity to existing borrowers facing pressures arising from the West Asia crisis. It offers 100% guarantee coverage for the MSME sector and 90% coverage for the non-MSME sector, encouraging lending institutions to extend credit under the government-backed framework. The reported coverage has crossed 1 lakh guarantees, with the MSME sector and Public Sector Banks accounting for the bulk of the issuance.
    June 10, 2026
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    Competition approval for minority share acquisition in a life insurer through a preferential issue by a Mauritius investor.
    Competition Commission of India approved the acquisition of a minority shareholding in Shriram Life Insurance Company Limited by Sanlam Emerging Markets (Mauritius) Ltd through a preferential issue. The transaction involves 2.80% of the expanded equity capital, and the target is a registered life insurance company engaged in life insurance and unit-linked insurance business within the ambit of the Insurance Act, 1938.
    June 10, 2026
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    Competition approval for share acquisition in PUMA SE by Ancat Holding GmbH through a secondary purchase.
    Competition approval was granted for the acquisition of certain shareholding in PUMA SE by Ancat Holding GmbH, an indirect wholly owned subsidiary of ANTA. The proposed combination involved Ancat's secondary purchase of 29.06% of the issued and outstanding share capital of PUMA SE. Ancat was described as an acquisition vehicle with no business activities, while ANTA and PUMA were engaged in sports products and sportswear businesses.
    June 10, 2026
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    Cross-border business recognition platform launches to spotlight Indian exporters, e-commerce sellers, and global growth leaders.
    Payoneer India Cross-Border Excellence Awards 2026 have been launched to recognise Indian businesses and entrepreneurs driving cross-border commerce and export growth. The awards are structured across sixteen categories covering service exports, e-commerce, D2C brands, regional exporters, women entrepreneurs, and related ecosystem roles, with nominations open. Shortlisted nominees will be assessed by an independent jury using weighted criteria on growth, market reach, innovation, employment impact, and digital readiness.
    June 10, 2026
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    Foreign direct investment and startup reforms drive India's manufacturing growth, regulatory simplification and broader innovation ecosystem.
    India's investment and industrial policy framework has been strengthened through sustained foreign direct investment, manufacturing incentives and regulatory simplification. Flagship initiatives such as Make in India and the Production Linked Incentive scheme have been credited with increasing domestic manufacturing, export output and job creation across strategic sectors, while broader structural reforms are presented as reinforcing investor confidence and industrial growth. Ease of doing business measures include the removal of more than 47,000 compliance requirements, rationalisation of legal provisions through the Jan Vishwas framework, and the use of the National Single Window System for investment approvals.
    June 10, 2026
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    Trade remedy measures and fair trade: DGTR's evidence-based investigations and digital reforms strengthen market access and industry protection.
    Trade remedy measures are described as instruments of fair trade used to address dumped imports, subsidised imports and sudden import surges that injure domestic industry, while preserving legitimate imports at fair prices. The Directorate General of Trade Remedies is stated to function as India's integrated trade remedy authority, conducting anti-dumping, anti-subsidy and safeguard investigations and recommending measures in accordance with domestic law and World Trade Organization obligations. The investigation framework is presented as transparent and evidence-based, involving application scrutiny, initiation, questionnaire-based inquiry, verification, oral hearings, disclosure of essential facts and final findings, with participation opportunities for domestic producers, exporters, importers, user industries and other stakeholders.
    June 10, 2026
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    Credit guarantee scheme extension expands microfinance lending support and raises loan limits for large NBFC-MFIs and MFIs.
    Extension of the Credit Guarantee Scheme for Microfinance Institutions-2.0 continues credit guarantee support through the National Credit Guarantee Trustee Company Limited for banks and financial institutions lending to NBFC-MFIs and MFIs for onward lending to small borrowers. The validity of the scheme has been extended up to 31 August 2026 or until guarantees aggregating to Rs.20,000 crore are issued, whichever occurs earlier, and the maximum loan amount for large-sized NBFC-MFIs/MFIs has been increased from Rs.300 crore to Rs.1000 crore, subject to the overall ceiling of 20% of assets under management.
    June 10, 2026
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    Artificial intelligence and tariff volatility are reshaping global trade, with resilience, digitalisation and critical minerals now driving competitiveness.
    Global trade is being reshaped by artificial intelligence, tariff volatility, supply chain redesign and competition over critical minerals and clean-energy infrastructure. The report says trade remains resilient but is moving into a more fragmented environment in which AI-related goods are driving a disproportionate share of trade growth, while a growing share of merchandise imports is subject to tariffs or similar restrictions. Business expectations are largely for slow growth, continued disruption and geopolitical uncertainty, with only a small minority expecting a best-case scenario. The report identifies four structural forces driving this shift: AI moving from experimentation to operational deployment; the breakdown of a stable tariff framework; supply chains increasingly organised for resilience rather than pure efficiency; and the energy transition becoming a contest for industrial and geopolitical advantage.
    June 10, 2026
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    Tax relief and GST reforms are described as strengthening taxpayer trust, simplifying compliance, and supporting economic growth.
    Income tax burden reduction over the past 12 years is presented as part of a wider reform programme built on tax relief, quicker refunds, GST, faceless tax administration, Digital India, and banking reforms. The measures are described as having increased taxpayer confidence, expanded the taxpayer base, improved cash availability, simplified compliance, and supported higher domestic consumption and infrastructure investment.
    June 10, 2026
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    Reserve Bank of India intervention and foreign inflows support the rupee and ease government bond yields.
    Foreign exchange market conditions remained under pressure as the rupee moved against the US dollar, with traders attributing the currency's partial recovery to likely Reserve Bank of India intervention aimed at curbing volatility and preventing a further slide in the domestic unit. Government securities markets also reflected stronger foreign participation, with bond yields easing as foreign portfolio inflows increased and investors bought Government of India dated securities under the Fully Accessible Route, which permits investment without ceilings.
    June 10, 2026
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    Export-led manufacturing growth and standards-based compliance drive Jainson Cables India's global expansion.
    Jainson Cables India is described as a long-established cable manufacturer that has entered a new phase of growth through export-led expansion, diversification of its product range, and strengthened manufacturing capability. Its presence in more than 80 countries, Three Star Export House status, and Export Excellence Awards are presented as indicators of sustained export performance and international acceptance. The company's growth is supported by a structured certification and compliance framework, and its manufacturing model is aligned with national and international technical benchmarks.
    June 10, 2026
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    Home loan affordability hinges on credit score, down payment, tenure, and fees, not interest rate alone.
    Home loan affordability in 2026 depends on the interest rate as well as income, credit score, existing obligations, down payment, property value, and tenure choice. Lower rates reduce EMI and total interest, while higher rates may require longer repayment periods to keep monthly outgo manageable. Borrowers are advised to compare processing fees, foreclosure terms, and top-up or balance transfer options, and to check eligibility criteria such as residency, age, credit score, occupation, and required documents before applying.
    June 10, 2026
    Show AI Summary
    Black Money Act challenge secures interim protection against prosecution and penalty in foreign asset non-disclosure dispute.
    Interim protection from coercive action, including prosecution and penalty, was granted in a writ petition challenging the constitutional validity of provisions of the Black Money Act. The petitioner disputed the Act's retrospective application to earlier assessment years and the notice alleging wilful non-disclosure of foreign bank accounts, foreign assets, and beneficial interests in overseas entities, while the appeal process was allowed to continue.
    June 10, 2026
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    Affordable pharmaceuticals and regulatory cooperation shape India's strategy for export growth, innovation and global healthcare partnerships.
    India's pharmaceutical sector is being positioned as a driver of affordable healthcare, global supply reliability and innovation-led growth, with emphasis on quality standards, manufacturing capability and wider access to medicines. Policy and industry priorities highlighted include expansion of pharmaceutical exports, market diversification, regulatory excellence and stronger international cooperation. The communication also announces iPHEX 2026 and the Global Drug Regulatory Conclave 2026 as platforms for showcasing Indian pharmaceutical capabilities and for engagement among regulators, policymakers, industry leaders and foreign missions.
    June 10, 2026
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    Pharmaceutical export strategy advances through digital trade facilitation, biopharma growth and value-led manufacturing priorities.
    India's pharmaceutical export and manufacturing strategy was highlighted through a regional outreach programme focused on reforms, export capability and competitiveness. The discussion emphasised the sector's movement from volume-led exports to value-led exports, supported by digital export facilitation measures, compliance and market access initiatives, trade agreements and collaboration with industry. Future priorities included biopharmaceutical manufacturing, research and development, global capability centres and greater self-reliance in key inputs and high-value pharmaceutical products.
    June 9, 2026
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    Export growth and trade agreements drive record Indian shipments, with duty-free access and wider market opportunities.
    India's exports were reported to have reached record levels, with total exports rising to USD 863 billion in FY 2025-26. The export base was said to have diversified through growth in merchandise, services and non-petroleum exports. Landmark trade agreements were described as providing duty-free or tariff-concession access across major markets, while Punjab and Haryana were highlighted for export opportunities in textiles, engineering, agriculture, food processing, pharmaceuticals and chemicals.
    June 9, 2026
    Show AI Summary
    Banking and insurance benefits extended to contractual and daily-rated workers through a structured government agreement.
    A memorandum of understanding was signed to extend a structured package of banking, insurance and credit-related benefits to daily-rated workers, contractual employees and other casual workers of the government of Jammu and Kashmir. Eligible beneficiaries will receive zero-balance accounts, free debit cards, digital banking facilities, concessional remittance services, specially designed credit products, and group personal accidental insurance with disability-related cover.
    June 9, 2026
    Show AI Summary
    Free trade agreements and trade digitisation drive India's export growth, with Karnataka leading in IT services exports.
    India's export sector has shown broad-based growth, with services exports rising strongly and helping offset the trade deficit. Karnataka has emerged as a leading state in IT services exports and has also performed well in textiles and petroleum products. The expansion of Free Trade Agreements, duty reductions in several sectors, and trade digitisation measures have been highlighted as key factors supporting export growth and the wider goal of Viksit Bharat 2047.
    June 9, 2026
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    Investigative timelines and independent audits were among key suggestions to improve Enforcement Directorate functioning and public trust.
    Public feedback on improving the functioning of the Enforcement Directorate highlighted the need for strict timelines for investigations, independent audits, oversight mechanisms, and stronger accountability systems to improve transparency and public trust. Suggestions also included secure whistleblower protections, AI and Big Data analytics, a digital case and complaint-tracking portal, stronger inter-agency coordination, fast-track courts for economic offences, specialised recruitment, and regular training and technology upgradation.
    June 9, 2026
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    Rupee appreciation against the US dollar reflects softer crude prices, weaker dollar strength and easing geopolitical tensions.
    The rupee appreciated against the US dollar on account of softer Brent crude prices, a weaker dollar index, easing West Asia tensions, positive domestic market sentiment and reported support from possible Reserve Bank intervention. Market participants said the currency remained sensitive to geopolitical developments, US economic data, crude price movements and foreign inflows, with near-term trading expected within a defined range.

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      Customs, DGFT & SEZ

      APEDA Facilitates First Export of GI-Tagged Tezpur Litchi from Assam to Dubai

      June 9, 2026

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      The Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce & Industry, facilitated the first export consignment of GI-tagged Tezpur Litchi from Assam to Dubai on 7 June 2026, marking a significant milestone in expanding international market access for agricultural products from the North Eastern Region.

      The one-metric-tonne consignment comprised GI-tagged Tezpur Litchi is one of Assam's most celebrated horticultural products, renowned for its exceptional sweetness, bright-red appearance, distinctive aroma and superior eating quality. The region cultivates several notable varieties, including Bombaya, Bilati, Elaichi, Piyaji and Sahi, which are widely appreciated for their distinctive flavour and quality characteristics.

      The Geographical Indication (GI) status has strengthened the identity and market recognition of Tezpur Litchi, enhancing its appeal among international buyers and creating new opportunities for premium agricultural exports from Assam. The export also reflects the growing acceptance of India's GI-tagged agricultural products in global markets and highlights the immense export potential of the North Eastern Region, which is home to a diverse range of high-value agricultural commodities.

      The consignment was ceremonially flagged off in the presence of Member of Legislative Assembly, Tezpur, Shri Prithiraj Rava; Agriculture Production Commissioner, Government of Assam, Smt Aruna Rajoria, IAS; Chairman, APEDA, Shri Abhishek Dev, IAS; District Commissioner, Sonitpur, Shri Ananda Kumar Das, ACS; and representatives of M/s DMR Green Valley Agro Fresh Pvt. Ltd. The event was attended by farmers, exporters, officials of the Government of Assam, senior officials of APEDA and other stakeholders.

      A key outcome of the initiative has been improved returns for farmers. Growers associated with the export supply chain received nearly 10 per cent higher prices compared to prevailing domestic market rates despite strong local demand. The shipment has created new marketing opportunities for litchi growers and is expected to encourage greater participation in export-oriented value chains, contributing to enhanced incomes and sustainable livelihood opportunities.

      APEDA has been actively promoting agricultural exports from the North Eastern Region through infrastructure development, quality assurance and certification support, capacity-building programmes, export-oriented production practices and market linkage initiatives. Through sustained engagement with State Governments, Farmer Producer Organisations (FPOs), exporters and other stakeholders, APEDA continues to facilitate the integration of farmers into global value chains and create new export opportunities for region-specific agricultural products.

      The successful export of Tezpur Litchi to Dubai is expected to pave the way for larger export volumes in the future and further strengthen the global presence of Assam's GI-tagged products. The initiative reflects APEDA's continued efforts to promote agricultural exports from the North Eastern Region while connecting Indian farmers with international markets.

      The Agricultural and Processed Food Products Export Development Authority (APEDA) was established under the APEDA Act, 1985, under the Ministry of Commerce & Industry. APEDA is mandated to promote the export of scheduled agricultural and processed food products and supports exporters, farmers and FPOs through quality development, capacity building, infrastructure assistance and market promotion initiatives. Through these efforts, APEDA continues to drive value addition, market diversification and enhanced export opportunities for Indian agricultural products.

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