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    Bajaj Finance Personal Loan: Understand Your Interest Rate and Repayment Options
    Rupee rises 15 paise to 95.32 against the US dollar in early trade
    DPIIT Amends Footwear Quality Control Orders to Enhance Ease of Doing Business and Strengthen Domestic Manufacturing
    Court orders cancellation of sale deed in Mundhwa land transaction
    ED uses AI-aided tools, modern forensic tech to help fraud victims, speed up probes
    Rupee rises 1 paisa to settle at 95.47 against US dollar
    TCS Q1 profit up 4.61 pc, sees West Asia-hit demand come back in 2nd quarter
    Tripura emerging as India's gateway to Southeast Asia: Scindia
    Indian embassy pitches deeper economic engagement with Chinese businesses
    Bangladesh orders reduced govt spending amid economic vulnerability
    TCS Q1 net profit rises 4.61 pc, bags new deals worth USD 9.5 bn
    Quality Council of India and National Small Industries Corporation Sign MoU to Strengthen Quality, Competitiveness and Market Access for MSMEs
    Insurance Division, DFS Secures 2nd Rank in Group A Category Grievance Redressal Assessment & Index (GRAI) for May 2026
    Merger of banks does not shield tenant from eviction under Delhi Rent Control Act: SC
    Gurugram realty fraud: Delhi court says ED summons to foreign-based son of accused invalid
    TCS Q1 net profit rises 4.61 pc to Rs 13,349 cr
    Government of India Notifies Polymatech Electronics' Semiconductor and Electronic Components SEZ at Nava Raipur, Chhattisgarh
    Rupee rises 7 paise to settle at 95.41 against US dollar
    IICA inaugurates it's Second Batch of Flagship Arbitration Program
    India says US approach to forced labour tariffs inconsistent; exempts 1,600 items it needs
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    July 10, 2026
    Show AI Summary
    Personal loan interest rates and repayment tenure are shaped by credit profile, income, eligibility and repayment capacity.
    Collateral-free personal loans are offered with interest rates determined by the applicant's credit profile, income, repayment capacity, employment stability, existing obligations, loan amount, tenure and overall eligibility assessment. The loan product provides borrowing amounts from Rs. 40,000 to Rs. 55 lakh, repayment tenure from 12 months up to 108 months, and disbursal within 24 hours after approval and verification, subject to terms and conditions.
    July 10, 2026
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    Rupee strength against the US dollar reflects weaker greenback, softer oil prices and bank-led support amid market volatility.
    The rupee opened stronger against the US dollar in early interbank trade, supported by a weaker greenback, easing crude prices and a firm domestic equity market. Traders said dollar selling by state-run banks, widely viewed as intervention on behalf of the Reserve Bank of India, helped the currency move above the 95.50 level, while foreign institutional outflows and West Asia tensions continued to weigh on sentiment.
    July 10, 2026
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    Footwear quality control amendments extend stock clearance and permit limited R&D sample imports for manufacturers.
    Amendments to the footwear Quality Control Orders extend the legacy stock clearance timeline from 31 July 2026 to 31 July 2027 and create an exemption for import of footwear samples for research and development and other non-commercial purposes. Manufacturers may import up to 4,500 pairs annually, subject to prominent marking and embossing with "NOT FOR SALE", prohibition on commercial sale, disposal as scrap after use, and maintenance of year-wise records for production to the Government when required.
    July 9, 2026
    Show AI Summary
    Cancellation of registered sale deed follows admission of unpaid consideration and no possession in disputed land transaction.
    Cancellation of registered sale deed was ordered in a disputed land transaction, with the court declaring the conveyance void ab initio, inoperative from the beginning and of no legal effect. The court directed correction of registration records and held that the purchaser would have no right, title or interest in the property after cancellation. It recorded that execution was admitted, but consideration had not been paid and possession had never been delivered, while leaving open the possibility of refund of stamp duty if permissible under law.
    July 9, 2026
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    Artificial intelligence and forensic analytics are accelerating fraud restitution and complex money laundering investigations through better verification and tracing.
    Artificial intelligence-assisted tools are being deployed to identify rightful claimants in large-scale fraud cases, automate claims and disbursement, and improve verification, speed, and accuracy in asset restitution. Modern forensic technology and data analytics are also being used in complex money laundering and cross-border financial crime investigations involving shell companies, nominee directors, benami property chains, cryptocurrency wallets, mule accounts, offshore entities, and interlinked trusts.
    July 9, 2026
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    Rupee volatility and Reserve Bank of India intervention shape currency trading amid stronger dollar and crude oil pressures.
    The rupee appreciated marginally against the US dollar, supported by recovery in domestic equity markets and dollar selling by state-run banks, which market participants believed reflected Reserve Bank of India intervention. The currency remained pressured by firmer crude oil prices, a stronger greenback in overseas markets, and renewed geopolitical tensions in West Asia, with traders expecting elevated volatility to persist.
    July 9, 2026
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    AI-driven demand and backlog recovery shape TCS quarterly growth outlook amid margin pressure and strong deal wins.
    TCS reported a rise in June-quarter net profit and revenue, while saying demand was sluggish because of geopolitical disruption and some client deferrals. Management expects demand to resume in the ongoing quarter as customers work through a technology backlog. The company also cited AI-related investments, strong deal conversion, wage-driven margin pressure, continued hiring and attrition trends, and growth in India revenues alongside weaker performance in some geographies and business segments.
    July 9, 2026
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    Act East policy positions Tripura as a gateway to Southeast Asia, boosting trade, investment and regional connectivity.
    Tripura is described as emerging as a strategic gateway to Southeast Asia under the Act East policy, with the Northeast positioned as a growing engine of trade, investment and regional connectivity. The commentary highlights Tripura's location at the crossroads of connectivity and commerce, its access to the ASEAN market, and its readiness to attract long-term investment through expanding infrastructure and institutional support. The note also identifies sectoral opportunities arising from Tripura's strengths in bamboo and natural rubber, with potential for manufacturing, food processing, value addition, logistics, exports and technology-driven industries. Major connectivity and trade-enabling projects are presented as key initiatives supporting export access to Southeast Asia and the Bay of Bengal.
    July 9, 2026
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    Economic engagement and investment facilitation shape outreach to Chinese businesses as trade ties and pharmaceutical access are discussed.
    Indian diplomatic outreach to Chinese businesses has focused on facilitating deeper economic and commercial engagement with India, including support for Chinese investment opportunities as bilateral relations move toward normalisation. The embassy has indicated willingness to help investors navigate entry into the Indian market, address concerns, and provide greater assistance for investment facilitation, alongside recent easing of restrictions on Chinese investments. Trade discussions have also emphasized expanding Indian pharmaceutical exports to China and improving market access for Indian manufacturers of generic medicines.
    July 9, 2026
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    Government spending restraint curbs public expenditure and travel as inflation and growth pressures test macroeconomic stability.
    Bangladesh has introduced austerity measures to restrain government expenditure amid persistent inflation, slower growth and pressure on the banking system. The restrictions cover cuts in public spending, procurement of motor vehicles, air and water craft, and foreign travel by officials. The directive applies across ministries, agencies, autonomous bodies, state-owned enterprises, statutory organisations, public sector corporations, state-owned companies and financial institutions to ensure prudent use of limited public resources and support macroeconomic stability.
    July 9, 2026
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    AI-led transformation and strong deal wins drive TCS quarterly growth despite margin pressure and mixed geographic performance.
    TCS reported higher quarterly net profit, revenue and net income for the June 2026 quarter, while operating margin declined due to wage hikes and fresh investments. The company said growth was supported by demand for AI-led transformation, modernisation, cybersecurity, sovereign cloud and platform simplification, and disclosed new deals with a total contract value of USD 9.5 billion, including a major AI-led transformation engagement.
    July 9, 2026
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    MSME quality and market access get a boost through a joint certification, accreditation and digital commerce framework.
    Quality Council of India and National Small Industries Corporation Limited entered into a Memorandum of Understanding to strengthen quality, competitiveness and market access for Micro, Small and Medium Enterprises through a unified support framework. The collaboration integrates ZED Certification, MSME Global Mart, the TEAM Initiative and the Single Point Registration Scheme to expand digital commerce access, export promotion, testing and accreditation support, and capacity-building for MSMEs and training institutions. A Joint Coordination Committee will oversee implementation during the five-year tenure of the MoU.
    July 9, 2026
    Show AI Summary
    Grievance redressal performance improves as financial services divisions rank high and expand complaint review and transparency measures.
    The Department of Financial Services has remained among the top 10 ministries and departments in grievance redressal rankings, with the Insurance Division securing 2nd rank in Group A for May 2026 and the Banking Division ranking 6th. The Department is also conducting direct review of selected grievances and workshops on an effective grievance redressal framework to improve complaint resolution, transparency, and customer trust.
    July 9, 2026
    Show AI Summary
    Landlord consent requirement prevails over bank amalgamation in eviction disputes under rent control law.
    Amalgamation of a tenant bank with another bank does not displace the requirement of written consent of the landlord under the Delhi Rent Control Act where the tenant has been assigned or has parted with possession of the premises. A banking scheme of amalgamation cannot override the rent control protection against subletting, assignment, or parting with possession without consent, and an involuntary merger does not confer immunity from the landlord-consent requirement.
    July 9, 2026
    Show AI Summary
    Valid service of summons on a foreign national requires due process, not deemed service at a relative's address.
    Service of summons at an accused person's residence in India cannot be treated as valid or deemed service on his son who is a foreign national, is not an accused in the predicate offence or the money-laundering case, and has not resided at that address since 2017. The Enforcement Directorate was required to follow the procedure prescribed by law for serving a person living abroad, and service at the applicant's address was non est in law.
    July 9, 2026
    Show AI Summary
    Quarterly profit growth at TCS reflects rising revenues, stronger net income and continued employee expansion despite headwinds.
    TCS reported a rise in quarterly net profit for the June 2026 quarter, with net profit, net income and revenues all showing year-on-year growth. The company also recorded a sequential increase in revenue from the previous quarter and added over 9,200 employees during the three-month period ending 30 June 2026.
    July 9, 2026
    Show AI Summary
    Special Economic Zone notification formalises semiconductor manufacturing and customs framework for export-oriented operations in Chhattisgarh.
    The Government of India has notified a Special Economic Zone for the manufacture of semiconductors and electronic components at Mandir Hasaud, Nava Raipur, Atal Nagar, Chhattisgarh, covering 10.13 hectares comprising specified land parcels. The notification also constitutes the Approval Committee for the SEZ and appoints 6 July 2026 as the date from which the SEZ is to be deemed an Inland Container Depot under the Customs Act, 1962, establishing the customs and logistics framework for export-oriented operations.
    July 9, 2026
    Show AI Summary
    Rupee appreciation supported by RBI intervention, equity rebound and dollar selling despite crude and geopolitical pressure
    The rupee appreciated modestly against the US dollar, supported by a rebound in domestic equities, dollar sales by state-run lenders and suspected RBI intervention. The currency moved within a narrow range before settling higher than the previous close, even as elevated crude oil prices, a stronger global dollar and heightened West Asia tensions continued to weigh on sentiment.
    July 9, 2026
    Show AI Summary
    Arbitration training and institutional dispute resolution take centre stage in IICA's expanded certified program.
    The second batch of the Certified Arbitration Program was inaugurated as a flagship initiative aimed at building globally benchmarked arbitration professionals and strengthening institutional arbitration in India. The programme stresses enforceable arbitral awards, fairness of process, a code of conduct and sector-specific expertise as core elements of a robust arbitration ecosystem. It also reflects wider efforts to promote alternative dispute resolution, specialised training and practical arbitration skills through expanded module-based content and workshop-focused learning.
    July 9, 2026
    Show AI Summary
    Forced labour-linked tariff proposals face Indian criticism over inconsistent exemptions and arbitrary sourcing conditions
    Forced labour-linked tariff proposals under the US trade framework drew Indian criticism for inconsistency, because the proposed approach was said to exempt a large number of items that cannot be produced or grown in the United States while still targeting imports linked to alleged forced labour concerns. India argued that such exemptions dilute the stated policy rationale of addressing forced labour in global supply chains and may not meaningfully prevent circumvention practices. India also objected to the textile-related tariff mechanism, stating that reduced tariff treatment based on the use of US-origin cotton and related inputs operates as an arbitrary sourcing requirement for foreign manufacturers.

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      Customs & Trade

      Bharat Buildcon 2026 Opens with Massive Industry Response; Attracts 25,000 Plus Visitors on Day One from 90 Plus Countries and 100 Plus Indian Cities

      June 19, 2026

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      25,000+ Visitors on Day One, Participation from 90+ Countries; India's Construction Sector Contributes Nearly 9% to GDP and Employs Over 51 Million People New Delhi [India], June 18: Bharat Buildcon 2026 – One Nation, One Expo, India's premier exhibition for the building materials and construction industry, commenced on a grand note today at the Yashobhoomi Convention Centre, New Delhi. The mega expo witnessed an overwhelming response with more than 25,000 visitors on the inaugural day, including architects, builders, developers, contractors, manufacturers, traders, policymakers, industry associations, and international buyers.

      The event was inaugurated in the esteemed presence of Shri Manohar Lal, Union Minister, Ministry of Housing and Urban Affairs, Shri Jitin Prasada, Minister of State, Ministry of Commerce & Industry and Ministry of Electronics & Information Technology, and Shri Parshottam Rupala, Member of Parliament, alongside leading industrialists and representatives from the construction and building materials ecosystem.

      Bringing together stakeholders from 90+ countries and over 100 cities across India, Bharat Buildcon 2026 has emerged as one of the largest global platforms for the building materials sector. The exhibition features products and innovations across 24 major categories, including Ceramic & Stone, Hardware, Cement & Steel, Plywood & Laminates, Furniture, Sanitaryware, Electricals, Paints, Construction Technologies, and several other segments that collectively drive India's infrastructure and housing growth.

      India's construction and building materials sector is emerging as one of the most significant pillars of the nation's economic growth. The construction sector currently contributes approximately 9% to India's GDP and supports employment for more than 51 million people, making it the country's second-largest employment generator. Industry estimates suggest that India's construction market, valued at nearly USD 685 billion in 2025, is expected to surpass USD 1.24 trillion by 2034, driven by infrastructure investments, urbanization, housing demand, industrial expansion, and government-led development initiatives.

      Industry experts believe that large-scale trade exhibitions such as Bharat Buildcon play a critical role in strengthening supply chains, accelerating technology adoption, generating business opportunities, facilitating exports, and attracting foreign investments into India's manufacturing sector.

      Speaking on the significance of global participation, Mr. Vishal Acharya, Director, Bharat Buildcon, said "The presence of buyers, distributors, and sourcing professionals from more than 90 countries demonstrates the growing confidence of the global market in India's manufacturing capabilities. Bharat Buildcon serves as a gateway connecting Indian manufacturers with international demand, creating significant export opportunities across building materials categories. Every international buyer visiting India contributes not only to business generation but also strengthens India's position as a global sourcing hub. Such engagements accelerate foreign exchange earnings, promote 'Make in India' products worldwide, and help Indian brands expand their footprint across global markets. The response we have witnessed reinforces India's emergence as one of the most preferred destinations for construction and building material sourcing." Highlighting the strong domestic participation, Mr. Jitendra Kathiriya, Director, Bharat Buildcon, said "The participation from more than 100 Indian cities reflects the scale and diversity of India's building materials industry. Bharat Buildcon has become a common platform where manufacturers, distributors, architects, developers, retailers, and project consultants come together to create business opportunities. Events of this magnitude generate benefits across multiple sectors including hospitality, transportation, logistics, retail, construction, and services. With over 25,000 visitors on the very first day and thousands of business meetings taking place, the exhibition is expected to facilitate substantial commercial transactions and long-term partnerships. Such industry platforms are instrumental in strengthening domestic trade networks and contributing to India's vision of becoming a multi-trillion-dollar economy." Commenting on the importance of export promotion and international trade, Mr. Nilesh Jetpariya, Chairman, CAPEXIL, said "India's building materials sector is rapidly emerging as a globally competitive industry backed by quality manufacturing, innovation and scalability. The strong participation from international buyers at Bharat Buildcon demonstrates the growing demand for Indian products worldwide. Such exhibitions create valuable opportunities for exporters to showcase their capabilities, expand into new markets and strengthen India's export footprint. Bharat Buildcon is playing a crucial role in connecting Indian manufacturers with global business opportunities and supporting the government's vision of increasing exports and promoting Make in India on the world stage." The inaugural day witnessed strong engagement across exhibition halls, with exhibitors reporting high footfalls, productive buyer meetings, and significant business enquiries from both domestic and international visitors. Several exhibitors showcased innovative products, sustainable construction solutions, advanced manufacturing technologies, and next-generation building materials designed to support India's rapidly evolving infrastructure landscape.

      As India continues its journey toward becoming a global economic powerhouse, industry-led platforms like Bharat Buildcon are expected to play a pivotal role in driving manufacturing excellence, boosting exports, encouraging innovation, and strengthening India's position in the global construction value chain.

      Bharat Buildcon 2026 will continue until June 22, 2026, at the Yashobhoomi Convention Centre, New Delhi, and is expected to welcome tens of thousands of additional visitors, buyers, and industry stakeholders over the coming days.

      (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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