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    CM Shivakumar warns excise officials against tarnishing govt image
    Uttarakhand exports five metric tonnes of rainbow trout to Nepal in first int'l shipment
    Transformational growth prime focus of India-UK FTA: Goyal
    DRI busts gold smuggling syndicate; seizes 15 kg foreign origin gold in operations at multiple locations; 15 persons arrested.
    DRI seizes 2 kg cocaine consignment in Surat; One held
    India's forex reserves rise by USD 963 mn to USD 672.587 billion: RBI data
    World MSME Day 2026: 5 in 10 MSMEs continue to face supplier management, invoice compliance, price volatility and credit challenges; Digital Procureme...
    Govt should amend legal framework to make passport, Aadhaar valid proofs of citizenship: Tharoor
    Check Credit Score on Bajaj Finance in Just 2 Minutes with a Free and Secure Online Process
    BEML secures additional export order worth USD 5.35 million from West Asia
    Dr. Nidhiesh Sharma Empowering Young Entrepreneurs and Farmers to Go Global Under PM Modi's Atmanirbhar Bharat Vision
    Indian Embassy in Iceland and APEDA Organise First-Ever Indian Mango Promotion Events in Iceland
    Calendar for Auction of Government of India Treasury Bills (For the Quarter ending September 2026)
    APEDA Facilitates First Biscuit Export Shipment from Varanasi to Oman Following India-Oman CEPA 40 MT Consignment Marks New Opportunity for Processed ...
    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
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    June 26, 2026
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    Tax enforcement and departmental discipline dominate as Karnataka directs stronger anti-evasion checks, coordination, and action against fake invoicing.
    Karnataka's Chief Minister directed excise officials to maintain departmental dignity, act cautiously, and avoid conduct that could tarnish the government's image, while warning that transfers to other departments and legal changes may be considered if necessary. He also referred to the AIB system, e-auction of new licences, and instalment-based renewal payments. In the Commercial Taxes department, he stressed strict prevention of tax evasion, border-document checks, coordination with neighbouring states, and action against fake invoices, bogus companies, and false Input Tax Credit claims.
    June 26, 2026
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    Rainbow trout export drive boosts Uttarakhand's fisheries sector with cold-chain support, gap funding and new overseas market plans.
    Uttarakhand's fisheries sector has entered the international seafood market through its first commercial export of rainbow trout to Nepal, supported by state assistance to cooperative societies in Pithoragarh district. The consignment was moved through a cold-chain processing route, and the fisheries department provided gap funding for harvesting, packaging, and transport to facilitate the export. The state is now examining additional export markets in Europe, West Asia and South-East Asia.
    June 26, 2026
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    Transformational growth shapes India-UK trade partnership as CETA and social security coordination widen cross-border business opportunities.
    India-UK CETA is framed as a broader bilateral trade framework focused on transformational growth, sectoral expansion and deeper economic cooperation beyond tariffs and rules of origin. The Double Contribution Convention is described as applying to temporary workers for five years and redirecting contributions into Provident Fund savings in India. The article also stresses implementation preparedness, tourism promotion and greater SME participation in trade delegations.
    June 26, 2026
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    Foreign-origin gold smuggling syndicate exposed through airport-linked operations, concealed carriage, melting facilities and multiple arrests.
    A coordinated crackdown on a foreign-origin gold smuggling syndicate operating through airports led to the detection of a gold melting facility used to process smuggled gold. The operation exposed a layered smuggling chain involving airport staff, handlers, intermediaries, a melting facility operator and persons engaged in the melting process, with arrests made across the network and seizure of gold recovered at the facility. Separate operations at Bengaluru and other airports, railway stations and land customs stations led to further recoveries of smuggled gold and additional arrests.
    June 26, 2026
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    Anti-narcotics enforcement targets cocaine trafficking through coordinated seizures, concealment methods, and arrests under the NDPS Act.
    The Directorate of Revenue Intelligence reported a coordinated anti-narcotics operation in which 2 kg of cocaine was seized in Surat and one person was arrested under the NDPS Act, 1985 in connection with illicit trafficking. The release states that, since May 2026, DRI operations across multiple transport and logistics hubs have resulted in the cumulative seizure of approximately 26 kg of cocaine and the arrest of 22 persons, including 14 foreign nationals. The release also describes trafficking methods involving ingestion, concealment in household and edible items, fabrics, and baggage.
    June 26, 2026
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    Foreign exchange reserves composition shifts as gold holdings rise and foreign currency assets decline in weekly RBI data.
    India's foreign exchange reserves were reported to have risen during the week ended 19 June 2026, with the overall reserve position increasing despite a decline in foreign currency assets. The movement was driven by a substantial increase in gold reserves, offsetting the fall in foreign currency assets, while Special Drawing Rights and the reserve position with the IMF showed marginal declines. The reporting also noted that foreign currency asset values are influenced by changes in non-US currencies held in reserves.
    June 26, 2026
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    Digital procurement adoption among MSMEs rises as GST-compliant invoicing, supplier visibility and price comparison gain importance.
    Digital procurement is increasingly being adopted by MSMEs as a response to long-standing offline procurement frictions, including limited price discovery, supplier management difficulties, invoice non-compliance, payment and credit constraints, and price volatility. The reported drivers of adoption include wider product selection, easier supplier comparison, centralised spend visibility and GST-compliant invoicing, with B2B digital marketplaces expected to see greater use among MSMEs over the next two years.
    June 26, 2026
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    Citizenship proof rules face calls for reform as passport and Aadhaar are urged to become conclusive identity documents.
    A public debate on citizenship documentation has prompted calls for a legislative overhaul of the legal framework governing proof of Indian citizenship. The stated position is that both an Indian passport and Aadhaar should be treated as valid and conclusive proof of citizenship unless expressly cancelled or withdrawn by the State. The discussion also notes the existing legal distinction that a passport is a travel document and not conclusive proof of citizenship, while Aadhaar is issued on the basis of local residence rather than nationality.
    June 26, 2026
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    Credit score monitoring through secure online verification helps consumers track credit health and make informed borrowing decisions.
    Digital access to credit information is presented as a convenient and secure way for consumers to understand their credit profile and manage financial planning. The Credit Pulse Report allows users to check their credit score online through a verification-based process using a registered mobile number, OTP authentication, and basic personal details, after which the score and credit report insights become available. Regular credit monitoring is described as useful because it helps individuals stay aware of their credit standing, identify inaccuracies, and maintain responsible credit behaviour.
    June 26, 2026
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    Heavy earthmoving equipment export order expands BEML's West Asia presence with lifecycle support and safety-focused design.
    BEML Ltd. secured an additional export order from West Asia for supply of heavy earthmoving equipment, continuing an earlier export contract. The equipment is engineered for mining, infrastructure development and strategic construction use, with design features aimed at demanding operating conditions and compliance with stringent international quality standards. The machines include ROPS/FOPS-certified operator cabins for safety and comfort, and BEML will provide maintenance, spares, servicing and lifecycle support through its local representative.
    June 26, 2026
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    Atmanirbhar Bharat drives entrepreneurship, exports, and farmer empowerment through global market expansion and business mentoring.
    Promotion of Atmanirbhar Bharat is presented through entrepreneurship, export expansion, and social empowerment. The article describes efforts to support Indian entrepreneurs, MSMEs, startups, and farmers by promoting Indian products in overseas markets, strengthening the export ecosystem, creating employment, and improving farmer income through export-oriented initiatives. It also highlights mentoring, trade consulting, global market expansion, and capacity-building programmes linked to business growth and nation building.
    June 26, 2026
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    Indian mango export promotion highlighted Iceland market potential, quality assurance efforts and trade opportunities under India-EFTA partnership.
    Indian mango promotion events were held in Reykjavik and Akureyri by the Embassy of India in Iceland and APEDA, marking the first such events in Iceland. The programme showcased premium mango varieties, including Dasheri, Chausa, Langra and Kesar, and highlighted India's mango production strength, export potential, quality assurance measures and international promotion efforts. The events also noted opportunities for greater imports of Indian mangoes into Iceland under the India-EFTA Trade and Economic Partnership Agreement.
    June 26, 2026
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    Treasury bill auction calendar sets indicative quarterly issuance dates, amounts, and flexible adjustment terms for market conditions.
    Treasury Bill auction calendar for the quarter ending September 2026 sets out the scheduled dates of auction and issue for 91-day, 182-day and 364-day Treasury Bills, with indicative amounts notified for each weekly auction during July to September 2026. The Government of India and the Reserve Bank of India may modify the indicated amount and timing depending on requirements, market conditions and other relevant factors, after due notice to the market. The calendar is subject to change for intervening holidays and other circumstances, and auctions remain governed by the applicable general notification, as amended from time to time.
    June 26, 2026
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    Processed food exports gain momentum as APEDA facilitates the first biscuit shipment from Varanasi to Oman.
    APEDA facilitated the export of a 40 metric tonne consignment of biscuits from Varanasi to Oman, described as the first such shipment from the city following the India-Oman Comprehensive Economic Partnership Agreement. The consignment was undertaken by a Varanasi-based manufacturer-exporter and reflects the growing export potential of processed food products from eastern Uttar Pradesh, supported by APEDA's export promotion efforts and the CEPA framework for greater market access.
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.

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      Customs & Trade

      Bharat Buildcon 2026 Generates Rs. 400 Plus Crore Business, Emerges as India's Largest Global Platform for Building Materials Industry

      June 22, 2026

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      Four-Day Mega Expo at Yashobhoomi Attracts 40,000+ Visitors from Across the Globe; Participants from 30+ Countries and 100+ Indian Cities Drive Business, Partnerships and Global Expansion New Delhi [India], June 22: Bharat Buildcon 2026, India's premier exhibition for the building materials, construction and infrastructure sectors, concluded on a high note at Yashobhoomi, New Delhi, reaffirming India's position as a global manufacturing and sourcing hub. The four-day event witnessed participation from more than 40,000 visitors, delegates and buyers from around the world, creating unprecedented business opportunities for Indian manufacturers and suppliers.

      With participants representing over 30 countries and more than 100 cities across India, Bharat Buildcon 2026 successfully delivered on its vision of becoming the country's "One Nation, One Expo" platform for the building materials ecosystem. The exhibition facilitated business transactions worth over ₹400 crore during the event and generated more than 8,000 high-potential business leads, many of which are expected to translate into substantial commercial partnerships in the coming months.

      Bringing together manufacturers, exporters, architects, builders, developers, contractors, distributors, retailers and global buyers under one roof, Bharat Buildcon 2026 created a unique marketplace that connected Indian businesses with domestic and international opportunities. The event showcased India's manufacturing capabilities across ceramics, sanitaryware, tiles, natural stone, laminates, paints, hardware, construction materials and allied sectors.

      A major highlight of this edition was the strong international participation, which provided Indian companies—particularly MSMEs and emerging manufacturers—with direct access to global markets. The expo enabled Indian brands to engage with buyers, distributors and sourcing partners from multiple countries, helping them explore export opportunities and strengthen their international footprint.

      Speaking on the success of the event, Mr. Vishal Acharya, Director, Bharat Buildcon, said, "The success of Bharat Buildcon 2026 goes far beyond the business generated during the exhibition. One of the most significant achievements of this edition was bringing together industry leaders, government departments and global buyers on a single platform. The active participation of key institutions and departments such as the Central Public Works Department (CPWD), Government e-Marketplace (GeM), Department of Commerce, Ministry of Housing and Urban Affairs, and various MSME stakeholders created meaningful opportunities for collaboration, knowledge exchange and business growth. Through a series of interactions and discussions, Indian manufacturers gained valuable insights into government procurement programmes, export promotion initiatives, quality standards and market access opportunities. The strong presence of international buyers and delegates further reinforced the growing global acceptance of Make in India products. Bharat Buildcon has showcased how industry-government collaboration can help Indian manufacturers scale globally, strengthen exports and contribute to India's vision of becoming a leading manufacturing and export hub for the world." Sharing his views, Mr. Jitendra Kathiriya, Director, Bharat Buildcon, said, "The response from participants across India has been phenomenal. Companies from more than 100 cities participated and utilized this platform to connect with global buyers and business partners. Bharat Buildcon has successfully provided national players with an international platform, enabling them to showcase their products, expand their networks and secure meaningful business opportunities during the four-day event." Highlighting the industry's growth prospects, Mr. Nilesh Jetpariya, Chairman, CAPEXIL, said, "In today's competitive global marketplace, industry requires strong business platforms that can connect manufacturers directly with buyers. Generating business worth more than ₹400 crore in just four days is a remarkable achievement. Events like Bharat Buildcon help Indian industries expand globally, enhance exports, strengthen brand visibility and unlock maximum business potential for manufacturers across sectors." Commenting on the overall success and future roadmap, Mr. Vijay Aghara, Director, Bharat Buildcon, said, "The response received from exhibitors, buyers and visitors has exceeded expectations. While the event has already facilitated substantial business transactions, more than 8,000 qualified leads generated during the exhibition are expected to convert into significant business opportunities in the future. We are committed to making the next edition even bigger, introducing new initiatives, expanding international participation and creating greater value for the entire industry ecosystem." The success of Bharat Buildcon 2026 underscores the growing importance of integrated trade exhibitions in accelerating industrial growth, promoting exports and strengthening India's position in global supply chains. By bringing together stakeholders from across the value chain on a single platform, the exhibition has demonstrated how collaborative industry initiatives can drive economic growth, facilitate innovation and create new business opportunities.

      As India continues to emerge as a preferred manufacturing destination, Bharat Buildcon is playing a pivotal role in connecting domestic enterprises with global markets, fostering industry partnerships and supporting the vision of making India a leading force in the international building materials and construction sector.

      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 [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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