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    June 10, 2026
    'Gross abuse of process of law': HC quashes Delhi Police, ED cases against NewsClick
    June 10, 2026
    Nepal has not banned Indian mangoes, says govt; 149 consignments exported since Jan
    June 10, 2026
    India rejects allegations of overcapacity in textiles, steel sectors: DGTR
    June 10, 2026
    Ban on Indian mangoes in Nepal could hurt fruit's image in global markets, say UP farmers
    June 10, 2026
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    June 10, 2026
    Govt highlights tax reforms, investor confidence as Modi completes 12 years as PM
    June 10, 2026
    Bank-fraud case: ED attaches sea-facing house worth Rs 60 Cr in Maharashtra's Murud
    June 10, 2026
    ECLGS 5.0 Achieves a Major Milestone, Guarantee Issuance Crosses 1 Lakh Mark, with total amount of guarantees more than ₹48,000 Crore
    June 10, 2026
    CCI approves acquisition of certain shareholding in Shriram Life Insurance Company by Sanlam Emerging Markets (Mauritius) Ltd
    June 10, 2026
    CCI approves acquisition of certain shareholding in PUMA SE by Ancat Holding GmbH
    June 10, 2026
    Payoneer India Cross-Border Excellence Awards 2026 launched to recognise the country's leading cross-border businesses
    June 10, 2026
    India attracted USD 843 billion in FDI between 2014-15 and 2025-26: Official
    June 10, 2026
    DGTR Organises Media Briefing on Trade Remedy Measures and Fair-Trade Practices
    June 10, 2026
    Government Extends Validity of Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0), Increases Loan Limits under the scheme
    June 10, 2026
    Four in Five Business Leaders Expect Permanent Disruption as AI, Tariffs and Critical Minerals Competition Reshape Global Commerce, Finds DMCC Future ...
    June 10, 2026
    Income tax burden reduction over 12 years reflects 'Ramrajya': Govt
    June 10, 2026
    Rupee rises 14 paise to close at 95.27 against US dollar
    June 10, 2026
    Jainson Cables India Marks a New Phase of Growth and Global Expansion
    June 10, 2026
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    June 10, 2026
    'Tax evasion' case: Anil Ambani gets interim protection from coercive action under Black Money Act
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    June 10, 2026
    'Gross abuse of process of law': HC quashes Delhi Police, ED cases against NewsClick
    Show AI Summary
    Foreign direct investment allegations fail as quashing follows absence of criminal offence and unsupported money-laundering claims.
    Quashing of FIR and money-laundering proceedings was ordered where the underlying investment was treated as an economic decision that did not disclose any criminal offence. The court held that there was no cap or restriction on receipt of foreign direct investment in digital media at the relevant time, and that the allegations of cheating, criminal breach of trust and siphoning of funds were unsupported. The Enforcement Directorate's case also failed because the alleged conspiracy did not show any illegal objective or unlawful means, and no incriminating material had emerged despite extensive investigation.
    June 10, 2026
    Nepal has not banned Indian mangoes, says govt; 149 consignments exported since Jan
    Show AI Summary
    Phytosanitary import rules shape Indian mango exports to Nepal as officials clarify no ban and continue permit issuance.
    Imports of Indian mangoes into Nepal continue to be permitted subject to prescribed phytosanitary requirements, with import permits and release orders being issued on compliance. Nepal has clarified that no ban or suspension has been imposed, while introducing a Hot Water Treatment requirement for consignments. India has said it is facilitating exports in line with the new norms and is pursuing concerns over the revised measures through bilateral channels under the WTO Sanitary and Phytosanitary Agreement and the International Plant Protection Convention framework.
    June 10, 2026
    India rejects allegations of overcapacity in textiles, steel sectors: DGTR
    Show AI Summary
    Structural excess capacity allegations rejected as India cites low per capita consumption in textiles and steel.
    India has rejected allegations of structural excess capacity in textiles and steel, saying low per capita consumption in both sectors shows no basis for the claim. In response to a United States Trade Representative probe under Section 301, India stated that the notice lacks cogent rationale and prima facie evidence to support the allegation that its major industries create trade surplus through surplus capacity. The trade remedies authority also said excess capacity is not recognised within WTO trade remedial laws.
    June 10, 2026
    Ban on Indian mangoes in Nepal could hurt fruit's image in global markets, say UP farmers
    Show AI Summary
    Indian mango exports face reputational strain as Nepal's import ban raises pesticide and quarantine concerns.
    Nepal prohibited the import of Indian mangoes, citing excessive pesticide use and the absence of adequate quarantine facilities in border areas. Growers in Uttar Pradesh said the restriction could damage the international image and credibility of Indian mangoes, including the Dasheri variety, and add to pressure from rising input costs and low returns. The state minister said the ban would not materially affect farmers' earnings, but it has hurt the reputation attached to Indian mangoes.
    June 10, 2026
    Rupee rises 16 paise to close at 95.25 against US dollar
    Show AI Summary
    Rupee volatility management strengthened as lower crude prices and likely RBI intervention supported the domestic currency.
    The rupee appreciated against the US dollar as lower Brent crude prices, a softer dollar index and likely intervention by the Reserve Bank of India helped curb excessive volatility and support the domestic currency. Market commentary linked the currency's pressure to geopolitical tensions, energy import dependence and a wider trade deficit when crude prices rise. The report also noted easing government bond yields and foreign inflows into government securities under the Fully Accessible Route.
    June 10, 2026
    Govt highlights tax reforms, investor confidence as Modi completes 12 years as PM
    Show AI Summary
    Tax reforms and digital governance are driving investor confidence, broader compliance, and India's growth toward a stronger economy.
    Tax and economic policy reforms, including GST, faceless tax administration and Digital India initiatives, are presented as central measures in strengthening public trust, improving compliance and supporting investment-led growth. The government links these reforms with reduced inflation, a unified national market, banking sector clean-up and rising investor confidence, while describing India's transition from a vulnerable economy to the world's fastest-growing major economy and its progress towards a five-trillion-dollar economy and Viksit Bharat 2047.
    June 10, 2026
    Bank-fraud case: ED attaches sea-facing house worth Rs 60 Cr in Maharashtra's Murud
    Show AI Summary
    Money laundering attachment linked to bank fraud covers sea-facing property acquired from diverted funds.
    Provisional attachment under the Prevention of Money Laundering Act was issued against a sea-facing immovable property in Murud, Maharashtra, in a bank loan fraud-linked money-laundering case involving S Kumars Nationwide Limited and former CMD Nitin Kasliwal. The Enforcement Directorate said the property was acquired from diverted funds and was derived from the proceeds of crime arising out of the alleged bank fraud. It also alleged the use of interconnected entities and group companies to divert and layer funds.
    June 10, 2026
    ECLGS 5.0 Achieves a Major Milestone, Guarantee Issuance Crosses 1 Lakh Mark, with total amount of guarantees more than ₹48,000 Crore
    Show AI Summary
    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
    CCI approves acquisition of certain shareholding in Shriram Life Insurance Company by Sanlam Emerging Markets (Mauritius) Ltd
    Show AI Summary
    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
    CCI approves acquisition of certain shareholding in PUMA SE by Ancat Holding GmbH
    Show AI Summary
    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
    Payoneer India Cross-Border Excellence Awards 2026 launched to recognise the country's leading cross-border businesses
    Show AI Summary
    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
    India attracted USD 843 billion in FDI between 2014-15 and 2025-26: Official
    Show AI Summary
    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
    DGTR Organises Media Briefing on Trade Remedy Measures and Fair-Trade Practices
    Show AI Summary
    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
    Government Extends Validity of Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0), Increases Loan Limits under the scheme
    Show AI Summary
    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
    Four in Five Business Leaders Expect Permanent Disruption as AI, Tariffs and Critical Minerals Competition Reshape Global Commerce, Finds DMCC Future of Trade Report
    Show AI Summary
    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
    Income tax burden reduction over 12 years reflects 'Ramrajya': Govt
    Show AI Summary
    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
    Rupee rises 14 paise to close at 95.27 against US dollar
    Show AI Summary
    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
    Jainson Cables India Marks a New Phase of Growth and Global Expansion
    Show AI Summary
    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
    Home Loan Demand Rises in 2026 as Indian Homebuyers Explore Affordable Financing Options
    Show AI Summary
    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
    'Tax evasion' case: Anil Ambani gets interim protection from coercive action under Black Money Act
    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.

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      CCI approves acquisition of certain shareholding in PUMA SE by Ancat Holding GmbH

      June 10, 2026

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      The Competition Commission of India (CCI) has approved acquisition of certain shareholding in PUMA SE by Ancat Holding GmbHm.

      The proposed combination involves the acquisition by Ancat Holding GmbH (Ancat) (an indirect wholly owned subsidiary of ANTA) of 29.06% of the issued and outstanding share capital of PUMA SE (PUMA) by way of a secondary share purchase.

      Ancat is an acquisition vehicle and does not carry on any business activities, whether in India or outside. ANTA is principally engaged in the research and development, design, manufacturing, marketing and sales of sports products including footwear, apparel and accessories.

      PUMA is a global sportswear and athletic footwear company engaged in the design, development, marketing and sale of a broad range of sports and sports lifestyle products, including footwear, apparel and accessories, directly and through its group entities

      Detailed order of the Commission will follow.

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