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    Starmer leaves India-UK relations on strong footing for next UK PM, say experts
    Telangana pitches for 44 pc import duty on crude palm oil, exclusive RFCL urea allocation
    Day 3 of CJP sit-in at Jantar Mantar: Dipke steps up attack over NEET row; protesters stay put
    NABARD appoints G Ramesh Kumar as new CGM of Assam unit
    Adverse monsoon may pose headwinds for domestic growth, inflation outlook: RBI Bulletin
    Day 3 of CJP sit-in at Delhi's Jantar Mantar: Dipke steps up attack over NEET row
    Two-Day National Chintan Shivir on Environment-Related Trade Measures and FTAs Begins in New Delhi
    Punjab's bicycle industry seeks release of pending GST refunds
    Bharat Buildcon 2026 Generates Rs. 400 Plus Crore Business, Emerges as India's Largest Global Platform for Building Materials Industry
    Manage Your Budget and EMIs with a Bajaj Finance Personal Loan Calculator in 2026
    Maharashtra govt tables Rs 97,706 cr supplementary demands; Rs 20,552 cr for farm loan waiver
    ED questions CMRL finance chief in Exalogic money laundering probe
    APEDA Facilitates First-Ever Export of Dried Whole Egg Powder from Odisha to Austria
    Participants of founding batch of Masters in Financial and Economic Crimes programme Visit EAC-PM; Quarterly Newsletter on Economic Security Launched
    Farmers invited to join CJP stir as Jantar Mantar protest heads into third day
    Kerala organ trafficking racket operated under guise of medical tourism co, says ED
    MP: ED conducts raids in 'fake' road construction bills case, freezes deposits worth about Rs 3 cr
    ED summons former Kerala CM’s daughter again in CMRL money laundering case
    ED attaches over Rs 1,000-cr assets in Goa 'illegal' iron ore mining case
    India boosts Russian, UAE oil purchases in Jun ahead of full Hormuz recovery
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    June 22, 2026
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    India-UK free trade agreement and strategic partnership remain on a strong footing after Starmer's resignation.
    India-UK relations are described as remaining on a strong footing following Keir Starmer's resignation, with British Indian experts stating that the UK-India Free Trade Agreement and the broader bilateral partnership are likely to continue under the next Labour leader. The commentary emphasises that Starmer is credited with signing the agreement, resetting ties with India, and placing the relationship on a stable platform for future growth in trade, business, technology, clean energy, skills and strategic cooperation.
    June 22, 2026
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    Agricultural supply stability and industrial infrastructure drives shape Telangana's demand for higher palm oil duty and exclusive urea allocation.
    Telangana urged restoration of the import duty on crude palm oil to 44 per cent and exclusive allocation of urea from the Ramagundam Fertilizers and Chemicals Limited plant to the state. The requests were framed around fertiliser supply stability and protection of oil palm farmers' livelihoods ahead of the kharif sowing season. The state also sought central support for industrial and logistics projects, including a logistics hub, plug-and-play industrial parks, an Aero-Defence Corridor, mega leather parks, and a Multi-Modal Logistics Park.
    June 22, 2026
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    NEET paper-leak controversy drives a sustained sit-in protest demanding accountability and education system reforms.
    A sit-in protest at Jantar Mantar continued for the third consecutive day over alleged NEET examination irregularities and the paper-leak controversy, with demonstrators demanding accountability and the resignation of the Education Minister. Protesters said students were being penalised for minor delays or for circumstances arising from the cancelled examination, while those allegedly involved in the leak had not been held to account. The agitation was maintained amid police deployment, and candles were lit in memory of students said to have died by suicide following the controversy.
    June 22, 2026
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    Banking leadership appointment at NABARD brings an experienced executive to head its Assam unit with immediate effect.
    NABARD appointed G Ramesh Kumar as Chief General Manager of its Assam unit with immediate effect, replacing Loken Das. He has over 30 years of experience in banking and finance, including rural and development banking, project and corporate debt financing, and prior leadership roles within NABARD and its subsidiaries.
    June 22, 2026
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    Growth and inflation outlook face monsoon and geopolitical risks, while the Indian economy remains supported by strong fundamentals.
    Adverse south-west monsoon conditions may create headwinds for domestic growth and the inflation outlook, while the global economic landscape remains fragile amid continuing geopolitical tensions and trade disruptions. A breakdown of the interim West Asia peace arrangement could revive risks relating to inflationary expectations, energy infrastructure, investment spending, food security, financial stability, and structurally lower growth. The Indian economy is described as having stronger fundamentals, with growth supported by private consumption and fixed investment, anchored inflation, and a resilient external sector.
    June 22, 2026
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    Accountability in the NEET paper leak controversy drives continued sit-in protest and demands for examination reforms.
    Demand for accountability in the NEET examination controversy continued at Jantar Mantar as the CJP held a sit-in protest over alleged paper leak, examination irregularities and the cancellation of the test. Protesters, including some NEET aspirants who took the re-examination, said they were mentally distressed by having to prepare and sit for the exam again after the earlier cancellation. The protest centred on criticism of the government's handling of late-arriving students, alleged inaction over the paper leak, and calls for the resignation of the Education Minister and reforms in the examination system.
    June 22, 2026
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    Environmental trade measures shape WTO and FTA discussions on export competitiveness, market access, and sustainable trade practices.
    A two-day National Workshop/Chintan Shivir examines environment-related non-tariff measures and their implications for WTO rules and India's free trade agreements. The deliberations focus on the growing use of environmental and climate-linked trade measures, their impact on Indian exports and export competitiveness, and strategic responses that preserve market access while supporting sustainable trade practices. The workshop covers Technical Barriers to Trade, sustainability-related non-tariff measures, and carbon- and deforestation-related trade measures.
    June 22, 2026
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    GST refund delays deepen working capital stress for bicycle manufacturers seeking faster, transparent processing.
    Punjab bicycle manufacturers have sought immediate release of pending GST refunds, saying delays in processing refund claims have created severe working capital and liquidity stress. They said higher GST on inputs than on bicycles has blocked substantial funds, and urged a fully faceless and online refund mechanism to improve transparency and reduce corruption.
    June 22, 2026
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    Trade exhibition platform boosts Indian manufacturing, export opportunities and global buyer engagement across the building materials sector.
    Bharat Buildcon 2026 served as a major trade exhibition for the building materials, construction and infrastructure sectors, bringing together manufacturers, exporters, architects, builders, developers, contractors, distributors, retailers and global buyers on a single platform. The event showcased Indian manufacturing capabilities across multiple product categories and created opportunities for domestic and international business engagement. It also enabled Indian MSMEs and emerging manufacturers to connect with overseas buyers, distributors and sourcing partners, supporting export exploration, market expansion and broader global access.
    June 22, 2026
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    Unsecured personal loans with EMI calculator help borrowers compare tenures, estimate repayments, and plan budgets flexibly.
    Bajaj Finance Personal Loan is described as an unsecured, collateral-free borrowing option with repayment tenures from 12 months up to 108 months, interest rates based on borrower profile, and a fully online application process with minimal documentation. A personal loan calculator helps borrowers estimate EMIs and total repayment amounts by comparing loan amount, tenure, and interest rate, enabling budget planning and repayment assessment before applying.
    June 22, 2026
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    Supplementary budget demands expand funding for farm loan waiver, welfare schemes, utilities and infrastructure.
    Supplementary demands were tabled for the Maharashtra government, covering additional spending across unavoidable expenditure, programme-related spending and centrally supported schemes, with the net burden reduced after adjustments and recoveries. The largest proposed outlay was for the farm loan waiver scheme, alongside provisions for interest-free loans, electricity sector liabilities, urban development, employment missions, irrigation, welfare pensions, scholarship support and other public programmes.
    June 22, 2026
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    Money laundering inquiry over alleged payments without services and related loan transactions between CMRL and Exalogic Solutions.
    Money laundering inquiry concerns alleged financial transactions between Cochin Minerals and Rutile Ltd. and Exalogic Solutions Pvt Ltd, including allegations that payments were made without corresponding services and that related loan transactions generated proceeds of crime. The Enforcement Directorate questioned the Chief Finance Officer of CMRL in connection with record-keeping of the transactions and indicated that other senior company officials would also be summoned. The agency further directed Veena to appear for another round of questioning.
    June 22, 2026
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    Export of value-added egg powder highlights APEDA support, food safety compliance and expanding processed food trade.
    APEDA facilitated the first-ever commercial export of dried whole egg powder from Balangir, Odisha, to Austria, highlighting the export potential of India's value-added poultry products and processed egg products. The APEDA-registered exporter established an egg processing facility aligned with national and international food safety and quality requirements, including EIC standards and European Union hygiene requirements, and held FSSC 22000 Version 6, HALAL and KOSHER certifications. APEDA also supported processing infrastructure, food safety systems and laboratory testing capabilities to strengthen export competitiveness.
    June 22, 2026
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    Economic security and financial crime prevention gain focus through multidisciplinary training, regulatory coordination, and policy engagement.
    Financial and economic crime policy discussions emphasised the growing sophistication of financial frauds, money laundering, illicit financial flows and cyber-enabled financial crime, together with the need for technology-driven, collaborative and multidisciplinary responses. The interaction also highlighted the importance of strengthening institutional capability, enhancing regulatory coordination, promoting evidence-based policymaking and building resilience in the financial system to safeguard economic interests. The founding batch of the Master's in Financial and Economic Crimes programme visited the Economic Advisory Council to the Prime Minister as part of a Campus Immersion Programme and engaged with policymakers on economic security and emerging threats to India's financial ecosystem.
    June 21, 2026
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    Examination irregularities protest at Jantar Mantar grows as organisers press for accountability, solidarity and ministerial resignation.
    A protest at Jantar Mantar continued over alleged examination irregularities and the NEET paper leak, with organisers seeking wider participation, including support from farmer unions, and pressing for accountability from the Union Education Minister. The demonstration remained under police deployment and surveillance, while participants alleged restrictions on water, food, lighting and washroom access at the site. The protest agenda centred on demands for the minister's resignation, dialogue with the Centre and compensation for families of students affected by the examination controversy.
    June 21, 2026
    Show AI Summary
    Organ trafficking through fake medical tourism and forged donor records triggered money-laundering investigation and account freezes.
    Enforcement Directorate investigation under the Prevention of Money Laundering Act concerns an alleged organ trafficking racket in Kerala that operated through a front medical tourism company and exploited financially distressed donors. The alleged network was said to involve forgery, cheating, criminal conspiracy and illegal organ trafficking under the guise of altruistic organ donation, with forged records, transplant-related documents, searches, seizures, account freezing and examination of properties and financial trails to trace the proceeds of crime.
    June 21, 2026
    Show AI Summary
    Fake road construction bills trigger money laundering probe linked to forged invoices and alleged wrongful government payments.
    Enforcement Directorate action under the Prevention of Money Laundering Act was taken on the basis of FIRs registered by the Economic Offences Wing concerning alleged submission of fake bills in road construction works of the Madhya Pradesh Rural Road Development Authority. Contractors were said to have conspired with project implementation unit officials and fraudulently obtained government payments by using forged and fabricated invoices purportedly issued in the names of oil companies.
    June 21, 2026
    Show AI Summary
    Money laundering probe over alleged CMRL payments and related loans leads to fresh notice for questioning.
    Fresh notice was issued to Veena T for appearance in a money-laundering inquiry under the Prevention of Money Laundering Act concerning alleged transactions between Cochin Minerals and Rutile Ltd (CMRL) and her now-defunct IT company, Exalogic Solutions Pvt Ltd. The probe concerns allegations that CMRL made payments to Exalogic without corresponding services and that related loans were extended despite alleged default, with the Enforcement Directorate alleging that these transactions generated proceeds of crime.
    June 21, 2026
    Show AI Summary
    Prevention of Money Laundering Act attachment targets alleged illegal iron ore mining proceeds routed through offshore entities and assets.
    Provisional attachment under the Prevention of Money Laundering Act was issued in an alleged illegal iron ore mining case involving the Salgaocar Groups and associates in Goa. The attachment covered immovable properties in India and Singapore, along with equity shares in connected entities, on the basis that the assets were linked to proceeds generated from alleged unlawful mining, sale and export of iron ore. The alleged laundering route involved layering through BVI and Singapore-based special purpose vehicles, acquisition of overseas assets, and partial routing of funds back into India as share capital.
    June 21, 2026
    Show AI Summary
    Crude supply diversification drives India's higher Russian and UAE oil purchases as Hormuz flows slowly normalise.
    India increased crude oil purchases from Russia and the United Arab Emirates in June as refiners sought to secure supplies ahead of the fuller restoration of traffic through the Strait of Hormuz. Russian crude remained the largest source of supply, supported by competitive discounts and steady refinery demand, while India also raised purchases from Atlantic Basin and Venezuelan sources to diversify amid disruption to Gulf flows. The reopening of the Strait of Hormuz is expected to normalise energy shipments in stages, with LPG recovering first, followed by LNG and crude oil.

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      Customs & Trade

      Bharat Buildcon 2026 Day Two Witnesses Strong Business Momentum; Global Buyers, Industry Leaders and Policymakers Drive High-Value Engagements

      June 20, 2026

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      International Participation, Industry Conferences and Business Meetings Strengthen India's Position as a Global Building Materials Hub New Delhi [India], June 19: Bharat Buildcon 2026 – One Nation, One Expo, India's premier exhibition for the building materials and construction industry, continued to witness exceptional industry participation on its second day at the Yashobhoomi Convention Centre, New Delhi. The expo attracted strong footfalls from domestic and international buyers, architects, developers, contractors, manufacturers, traders, policymakers, consultants, and industry associations, further reinforcing its position as one of the largest business networking platforms for the sector.

      The second day of the exhibition featured extensive business interactions, buyer-seller meetings, product showcases, and knowledge-sharing sessions, creating significant opportunities for Indian manufacturers to expand their market reach and strengthen global trade relationships.

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

      Simultaneously, India's building materials industry—including ceramics, tiles, sanitaryware, bathware, paints, construction chemicals, hardware, plywood, and laminates—is witnessing robust growth supported by large-scale infrastructure projects, smart city developments, logistics parks, industrial corridors, and rising demand from the residential and commercial real estate sectors. India is already among the world's largest producers of ceramic tiles and is steadily expanding its global export footprint across multiple building material categories.

      A major highlight of the day was the participation of Shri Ashok Kumar Meena, Secretary, Department of Drinking Water & Sanitation, Ministry of Jal Shakti, who interacted with leading manufacturers and industry stakeholders during his visit to Bharat Buildcon 2026. He visited various exhibition stalls and discussed innovative solutions for water conservation, efficient water management, and sustainable infrastructure development. Shri Meena encouraged industry participants to share their inputs and innovations for reducing water wastage, while also sharing the government's vision for strengthening water security and sanitation infrastructure across the country.

      The event also hosted two high-impact industry conferences focusing on Real Estate Market Outlook and International Confederation of Trade and Industry (ICTI). These sessions brought together domestic and international participants, offering valuable insights into emerging market trends, infrastructure investments, export opportunities, technological advancements, and global trade dynamics.

      With participants from over 90 countries and more than 100 Indian cities, Bharat Buildcon 2026 has emerged as a powerful platform connecting Indian manufacturers with global buyers. Exhibitors across categories including ceramics, tiles, sanitaryware, bathware, hardware, plywood, laminates, paints, construction chemicals, machinery, and building technologies reported strong visitor engagement and promising business inquiries.

      Highlighting the economic impact of such industry platforms, Mr. Jitendra Kathiriya, Director, Bharat Buildcon, said, "Events of this scale create value far beyond the exhibition halls. They stimulate business activity across manufacturing, logistics, hospitality, transportation, and services sectors. The thousands of business meetings taking place here are expected to translate into significant commercial transactions and strategic collaborations. Bharat Buildcon serves as a common platform where stakeholders from across the value chain come together to accelerate business growth and contribute to India's economic development." Speaking on the significance of the event, Mr. Vishal Acharya, Director, Bharat Buildcon, said, "The response witnessed during the first two days of Bharat Buildcon clearly demonstrates the growing global confidence in India's manufacturing ecosystem. The presence of international buyers, sourcing professionals, and trade delegations creates a direct pathway for Indian companies to expand their export footprint. Bharat Buildcon is not merely an exhibition; it is a business catalyst that connects Indian innovation with global demand and opens new avenues for trade, investment, and long-term partnerships." Commenting on the importance of exports and government-led initiatives supporting industry growth, Mr. Nilesh Jetpariya, Chairman, CAPEXIL, said, "India's building materials sector is rapidly emerging as a globally competitive industry backed by strong manufacturing capabilities, innovation, and quality standards. Government initiatives such as PM Gati Shakti, National Infrastructure Pipeline, Smart Cities Mission, Housing for All, and Make in India are creating tremendous opportunities for Indian manufacturers. Exhibitions such as Bharat Buildcon play a crucial role in connecting exporters with international buyers, helping Indian products reach new markets while strengthening the country's export ecosystem." Emphasizing the long-term vision behind the expo, Mr. Vijay Aghara, Director, Bharat Buildcon, said, "Bharat Buildcon has been envisioned as a platform that showcases India's industrial strength to the world. The participation of buyers from across continents, coupled with the presence of leading Indian manufacturers, demonstrates the growing influence of India's building materials industry in the global marketplace. Such interactions facilitate technology exchange, encourage innovation, and create sustainable business opportunities that benefit the entire industry ecosystem." The exhibition halls remained vibrant throughout the day, with exhibitors showcasing advanced technologies, sustainable construction solutions, innovative products, and next-generation building materials designed to support India's rapidly evolving infrastructure landscape. Several exhibitors reported productive discussions with buyers from domestic and international markets, generating strong prospects for future business collaborations.

      Industry experts believe that as India moves toward becoming a USD 5 trillion economy and beyond, demand for construction materials, housing infrastructure, transportation networks, industrial facilities, and urban development projects will continue to rise significantly. This is expected to create substantial opportunities for Indian manufacturers while strengthening the country's position as a global sourcing and manufacturing hub.

      As India continues to invest heavily in infrastructure, housing, industrial development, and urbanization, platforms such as Bharat Buildcon are expected to play an increasingly important role in promoting manufacturing excellence, boosting exports, attracting investments, and strengthening India's position in the global construction and building materials value chain.

      Bharat Buildcon 2026 will continue until June 21, 2026, at the Yashobhoomi Convention Centre, New Delhi, and is expected to attract tens of thousands of additional visitors, buyers, and industry stakeholders in the coming days.

      Powered By • JSW Diamond Sponsors • Solorex Tiles • Rafttaar.ai • Shree Cement • Bangur Cement • KICH India Gold Sponsors • Jindal Steel • Pidilite • Coverstone Ceramic • HUMBEE Associate Sponsors • Kajaria • Century Ply • Jaguar • Action TESA Security Partner • Harrison Locks For More Details Matik Meman PRarambh Public Relations 8866887865 [email protected] (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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