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    The Union Minister of Commerce and Industry Shri Piyush Goyal Chairs Interaction with Export Promotion Councils and Industry Associations to Accelerat...
    DPIIT Notifies Transition Facilitation (Quality Control) Order, 2026 to Strengthen Supply Chains and Facilitate Industry Compliance.
    Development meaningful only with cultural confidence, civilisational awareness: V-P
    Air India operates first flight from Varanasi under Hub and Spoke model
    I-T Dept cancels tax-exempt status of SP leader Azam Khan's Jauhar Trust
    ED grills Pinarayi Vijayan's daughter for over 10 hours in PMLA case
    Explained: What establishes citizenship in India?
    Govt restores commercial LPG supplies as West Asia crisis pressures ease
    Very close on trade deal with US; competitive tariff advantage important for India: Piyush Goyal
    Liquor tax row: CPI(M) accuses Kerala CM of making ''incorrect'' statements, seeks clarification
    Oil falls to pre-war levels, no change in petrol and diesel prices
    India''s Textile Export Opportunity Creates Strong Growth Runway for Welspun Living
    Marie Claire Paris Launches Its First Salon in Mumbai
    FTA with UK most comprehensive agreement so far: Piyush Goyal
    Amazon CEO meets PM Modi; co adds USD 13 bn to 5-yr mega investment plan for AI, cloud infra
    Sterling Bank of Asia Selects Infosys Finacle Software-as-a-Service for it's Next-Gen Transformation
    Gujarat Future Forum at India House puts regional delivery at the centre of the UK–India growth story
    APEDA Facilitates First Commercial Sea Shipment of Premium Banganapalle Mangoes from India to Singapore
    Build Credit, Earn Cashback: Paisabazaar and SBM Bank India Launch Paisa+ Secured Credit Card
    ED seizes cash, gold during searches against MP educational society
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    June 26, 2026
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    Export promotion strategy gains momentum as councils are urged to target new markets, new products and faster trade facilitation.
    Export promotion councils and industry associations were urged to support a coordinated export expansion strategy under the Export Promotion Mission by identifying new markets, new products and practical proposals that can improve India's export performance. The interaction stressed working with the Government to leverage trade agreements, strengthen market access and translate budgetary support into measurable export growth through focused outreach, facilitation and last-mile delivery. Trade facilitation measures included a fixed schedule for statutory and facilitation committee meetings, faster disposal of cases and timely issuance of meeting minutes. The Export Promotion Mission also covered export factoring, credit guarantees for e-commerce exporters, collateral support for export credit, export warehousing and logistics, certification support, trade intelligence and market access, with refined interventions reflecting industry feedback.
    June 26, 2026
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    Quality control compliance framework enables flexible sourcing, rewards sustained adherence, and supports innovation and supply chain resilience.
    The Transition Facilitation (Quality Control) Order, 2026 introduces an alternative risk-based compliance mechanism intended to support industry transition while maintaining quality assurance and consumer protection. It permits domestic industry to procure supplies from manufacturers holding Scheme II licences under the Bureau of Indian Standards framework, instead of Scheme I, subject to technical capability, compliance history and commitment to technology advancement, design and research, innovation and domestic supply chain strengthening.
    June 25, 2026
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    Cultural preservation and civilisational awareness shape meaningful development, with heritage, music and traditions treated as national priorities.
    Cultural preservation is presented as an integral aspect of national development, with emphasis on protecting India's languages, music, customs, traditions and traditional knowledge systems as living expressions of collective memory and shared civilisational identity. The preservation of the Koch Rajbanshi community's cultural legacy and Bhawaiya folk music is highlighted as an example of documenting and bringing regional heritage into the mainstream, while younger generations are urged to use technology to safeguard cultural resources.
    June 25, 2026
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    Hub and Spoke aviation model expands seamless international connectivity for smaller cities through major hub airports.
    Air India commenced Hub and Spoke international flight operations from Varanasi, routing passengers from smaller cities through hub airports for onward overseas connections. The model is designed to provide seamless connectivity, reduce travel time, improve use of existing infrastructure, ease congestion at major airports and link regional centres with global opportunities. Operationally, spoke airports will handle customs and immigration for outbound passengers at the first point of exit and for inbound passengers at the final point of entry, while baggage will move seamlessly through airside operations at the hub airport.
    June 25, 2026
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    Charitable trust registration cancelled after alleged non-genuine activities and misuse of trust property for political purposes.
    The Income Tax Department cancelled the tax-exempt registration of Maulana Mohammad Ali Jauhar Trust after concluding that its activities were non-genuine and not in accordance with its declared charitable objects. The department treated the trust as an Association of Persons, making its income liable to tax at normal rates and exposing it to further tax consequences under the Act.
    June 25, 2026
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    Money laundering probe under the Prevention of Money Laundering Act focuses on alleged payments without services and proceeds of crime.
    Enforcement Directorate action under the Prevention of Money Laundering Act centred on questioning of Veena T in connection with alleged laundering linked to her former IT firm Exalogic Solutions Pvt Ltd and Cochin Minerals and Rutile Ltd. The probe concerns alleged payments made by CMRL to Exalogic without corresponding services, together with loans extended through another CMRL-linked entity, and the agency's case is that these transactions generated proceeds of crime.
    June 25, 2026
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    Citizenship proof in India depends on legal records, not any single identity card or passport alone.
    Citizenship in India is not established by any single universal identity card, and legal proof depends on the documents and records relevant to the manner in which citizenship is claimed. Passport, Aadhaar, voter identity card and PAN card do not operate as standalone proof of citizenship. A passport is treated as a travel document, Aadhaar as proof of residence and identity, PAN as a tax identifier, and voter enrolment as electoral registration rather than conclusive citizenship proof.
    June 25, 2026
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    Commercial LPG supply restrictions eased as emergency rationing unwound and bulk supplies resumed with improving LPG availability.
    Commercial LPG supply restrictions imposed during the West Asia crisis were withdrawn as domestic production improved and imported cargo arrivals were expected, restoring non-domestic packed LPG supplies to pre-crisis levels for hotels, restaurants and other commercial users. Bulk LPG supplies were partially resumed at 50 per cent of pre-crisis consumption, and emergency rationing measures were unwound while household cooking gas availability remained the priority.
    June 25, 2026
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    Competitive tariff advantage drives India-US trade pact as final terms await market-access alignment.
    Competitive tariff advantage is identified as the central condition for the India-US bilateral trade agreement to enter into force. The pact is close to completion, but its implementation depends on India securing tariff treatment that preserves a market-access advantage over competing economies. The discussions are focused on the legal and commercial framework needed to provide that advantage and on finalising the remaining fine print of the agreement.
    June 25, 2026
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    Low-alcohol beverage tax reduction triggers political dispute over liquor policy, transparency, and alleged revenue loss.
    A political dispute arose over a budget proposal to reduce tax on low-alcohol beverages, with CPI(M) alleging that the proposal did not originate under the previous LDF government and that the earlier liquor policy only classified alcoholic beverages without deciding any tax reduction. CPI(M) sought clarification and withdrawal of the contrary statement, and also demanded withdrawal of the budget proposal, alleging that it was intended to benefit an alcohol manufacturing company and could cause revenue loss to the state exchequer.
    June 25, 2026
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    Crude oil prices ease to pre-conflict levels, but petrol and diesel rates remain unchanged for now.
    Global crude oil prices fell back to pre-conflict levels, easing inflation risks, lowering India's import bill and improving fiscal flexibility. Retail petrol and diesel prices remained unchanged, while state-owned fuel retailers were said to adjust pump prices based on average crude movements over a preceding period rather than daily fluctuations. The easing in oil-market tensions also led to the quiet suspension of inter-ministerial briefings monitoring supply and market stability.
    June 25, 2026
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    Global textile sourcing shift boosts India's competitiveness, with home textiles and sustainability driving long-term export growth.
    India's textile sector is entering a favourable growth phase due to global supply chain diversification, stronger sourcing activity and improved demand visibility. Home textiles are highlighted as a key export segment, with premiumisation, value-added products, sustainability-led sourcing and brand penetration driving long-term growth. Recent trade agreements are expected to strengthen India's competitiveness as a sourcing destination, and Welspun Living is positioned to benefit through integrated manufacturing, diversification, retailer relationships and continued investment in innovation and sustainability.
    June 25, 2026
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    Franchising-led salon expansion drives Marie Claire Paris's India growth with premium beauty and wellness services.
    Marie Claire Paris expanded its India presence by launching its first salon in Mumbai through B2C Network LLP, its exclusive franchisor in India. The brand plans to strengthen its footprint across premium retail destinations, malls and high-street locations nationwide through franchising. The salon offers hair care, skin rejuvenation, nail services, bridal and wedding makeovers, grooming solutions and personalized consultations, supported by trained professionals and international service standards.
    June 25, 2026
    Show AI Summary
    Free trade agreement with the UK seen as India's most comprehensive pact, with tariff cuts and trade growth ahead.
    India's Comprehensive Economic and Trade Agreement with the UK is described as the most comprehensive free trade agreement India has concluded so far, with implementation scheduled to begin on 15 July. The agreement is presented as a framework for expanding bilateral commerce between two complementary and growing economies, and businesses in both countries are urged to leverage its tariff reductions and market-opening benefits to raise the trading partnership to a much higher level.
    June 25, 2026
    Show AI Summary
    AI and cloud infrastructure drive Amazon's expanded India investment plan, alongside digitisation, exports and job creation.
    Amazon announced an additional USD 13 billion investment in India, taking its planned capital commitment to USD 48 billion for 2026 to 2030. The expanded investment is directed principally toward AI and cloud infrastructure, including growth of AWS data centre capacity in Mumbai and Hyderabad, with access to custom AI chips, managed AI services, secure cloud technologies and developer tools. Amazon said the commitment reflects its long-term focus on India's digital economy, customer demand across e-commerce and AWS, and alignment with policy priorities around AI-led digitisation, export growth and job creation.
    June 25, 2026
    Show AI Summary
    Core banking transformation through SaaS platform aims to improve reliability, automation, compliance, and scalable digital growth.
    Sterling Bank of Asia selected Infosys Finacle Software-as-a-Service platform for its transformation programme, using core banking, customer data hub, trade finance, and origination solutions. The collaboration is intended to improve employee and customer experience, maintain availability and reliability, reduce operational complexity through automation and digitisation, and support future growth. The SaaS deployment is also expected to simplify technology operations, enable faster innovation, and provide secure, compliant, cloud-hosted scalability with periodic upgrades and feature enhancements.
    June 25, 2026
    Show AI Summary
    Regional economic cooperation drives the UK-India Free Trade Agreement agenda through Gujarat's investment and trade opportunities.
    Regional economic cooperation was highlighted as the practical next phase of the UK-India partnership following ratification of the UK-India Free Trade Agreement, with Gujarat presented as a central hub for industry, energy, finance, innovation and enterprise. The discussions focused on how businesses can convert the FTA into investment, market access, technology collaboration and long-term commercial partnerships, while emphasising Gujarat's industrial ecosystem, investment-friendly policies, business-ready infrastructure and policy stability.
    June 25, 2026
    Show AI Summary
    Sea freight for horticultural exports gains momentum as premium Banganapalle mangoes reach Singapore through compliant cold-chain logistics.
    APEDA facilitated the first commercial sea shipment of premium Banganapalle mangoes from India to Singapore, using GAP-certified orchards, an APEDA-recognised packhouse, and cold-chain logistics to meet Singapore's quality and phytosanitary requirements. The shipment is presented as evidence of the viability of sea freight for fresh horticultural exports and of the commercial benefits of scientific post-harvest management and sustainable export pathways.
    June 25, 2026
    Show AI Summary
    Fixed deposit-backed secured credit card expands access to formal credit with cashback and credit-building benefits.
    Fixed deposit-backed secured credit card launched to expand access to formal credit for consumers with limited or no credit history, including new-to-credit users and persons seeking to rebuild damaged credit profiles. The product helps cardholders begin building credit history through responsible usage while using an FD as security, with minimum FD requirement starting at Rs. 2,000. The card combines credit-building with FD returns up to 7% p.a. and cashback on online, offline and eligible UPI transactions, subject to stated fee and cashback caps.
    June 25, 2026
    Show AI Summary
    Money laundering probe over alleged fund diversion at an educational society leads to searches and asset seizure.
    Enforcement Directorate searches in a money laundering investigation against a Madhya Pradesh-based educational society led to seizure of cash, gold jewellery, financial records and property-related documents. The probe arises from an FIR alleging large-scale financial fraud, including misappropriation and diversion of funds belonging to the society, and is registered under the Prevention of Money Laundering Act. The searches covered residential premises, offices, educational institutions, trusts and business establishments connected with the Chouksey Group.

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      Navi Mumbai Airport to launch international operations on July 15

      June 17, 2026

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      Mumbai, Jun 17 (PTI) Adani Group-owned Navi Mumbai airport is expected to start international operations from the greenfield facility from July 15, a top official said on Wednesday.

      Along with international passenger flights, the Navi Mumbai airport will also commence international freighter operations, he said.

      The second airport in the Mumbai Metropolitan Region had commenced domestic flight services from December last year.

      "On July 15, we are starting with freighters, and we expect the freighters to ramp up to almost 18 weekly flights. Good news is also that there is movement on the passenger side and hopefully on July 15 international passenger flights will also start," Navi Mumbai International Airport Ltd (NMIAL) Chief Executive Officer BVJK Sharma told reporters on the sidelines of BCBA Logistics Conclave here.

      Sharma further noted that both "Air India Express and IndiGo are going to operate international flights from Navi Mumbai".

      Member (Customs), a senior official within the Central Board of Indirect Taxes and Customs (CBIC), reviewed the readiness of the airport (for international operations) on Tuesday, and relevant notifications have been promulgated, he said.

      "The last one is being done today, which will then follow with Section 45 and the trials with both the codes for courier and the cargo," he said, adding that this will lead to probably a trade notice by the customs around July 5.

      Asked how many international services the airport was looking to begin with, he said, "We need to see (how many international services). The filings have just started; we do not have the firm numbers yet. On March 29, we had certain filings, but all that got cancelled because of the situation.

      "A fresh filing has happened yesterday (Tuesday) night, which was by Air India Express. So, Air India Express and IndiGo both are going to put international flights in Navi Mumbai." The Navi Mumbai International Airport, which started commercial flights in December last year, handles around 20,000 passengers per day with 150 departures and arrivals. The airport is expecting the daily passenger footfall to surge to 50,000 per day by the year-end, and 380 Air traffic movements (arrivals and departures) per day.

      Sharma also said international airlines have started talking to NMIAL for starting their services from the new airport, adding that, "There is no firm name yet, but many have come. Many ambassadors from various countries and many consulate generals are coming and meeting." He said the airport is hopeful for short-haul (international) flights, to begin with. Flights with 4-6 hour duration fall in the short-haul category.

      He said the design work for the next phase has just started. The airport operator had said earlier that it was planning a 30 million passenger terminal.

      "Now we are planning a bigger terminal. We are redesigning it. The main architects will come on board, but we have begun the planning," he said.

      On the demand for domestic cargo versus international cargo, Sharma said freighters operate on a hub-and-spoke model and domestic feed is very important in that system.

      International freighters also connect with domestic operators. Just like every wide-body aircraft needs domestic flights to connect passengers, cargo will also work on a hub-and-spoke model, he said, emphasising that Navi Mumbai will be a "good hub".

      Stating that domestic cargo -- especially belly cargo (the cargo space in a passenger aircraft) -- is doing well, he said almost 70 per cent of the airport's cargo volumes are expected to be from the belly.

      Earlier, addressing the event, Sharma said the airport has begun work on the next phase of the terminal, which will be the largest terminal in the country with a 50-million capacity.

      "We have had some discussions with the main architects and are trying to see whether we can integrate all the international business of passengers in one terminal going forward. So, in this 50 million capacity terminal, probably 25-30 million international passengers would be integrated by 2038, he stated.

      On June 15, it was named among the Prix Versailles World's Most Beautiful Airports 2026 alongside five other international airports, including Guangzhou, China; Frankfurt am Main, Germany; Kandal Stueng, Cambodia; Pittsburgh and San Diego in the United States. PTI IAS TRB

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