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    India, US review trade pact progress as tariff deadline nears; no clarity on interim deal
    Bandhan Bank raises FD rates by up to 20 basis points
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    India, US conclude two-day trade talks; review core elements of bilateral pact
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June 24, 2026
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Bilateral trade agreement talks advance as India and the United States weigh market access, tariffs and digital trade terms.
India and the United States reviewed progress on an interim bilateral trade agreement, discussing market access, digital trade, supply chain resilience, non-tariff barriers and strategic-sector cooperation. The talks focused on pathways to conclude an interim arrangement before an approaching tariff deadline, with both sides describing the discussions as substantial but without confirming that outstanding issues had been resolved. The broader framework also contemplates reciprocal tariff adjustments if agreed tariffs change.
June 24, 2026
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Fixed deposit rate revision by Bandhan Bank offers higher returns for senior citizens and other depositors on select tenures.
Bandhan Bank revised interest rates on select fixed deposits by up to 20 basis points, offering higher returns for senior citizens and other customers on specified tenures. The bank also continues to offer an interest rate on savings account balances above Rs 5 lakh and up to Rs 10 lakh. The revision comes amid broader changes in deposit offerings while the Reserve Bank of India kept the repo rate unchanged and maintained a neutral policy stance.
June 24, 2026
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India-U.S. Bilateral Trade Agreement talks advance with focus on market access, digital trade, supply chains, and interim deal pathways.
India-U.S. Bilateral Trade Agreement negotiations advanced through consultations on enhanced market access, digital trade, supply chain resilience, reduction of non-tariff barriers, and expanded cooperation in strategic sectors. The discussions also focused on an interim agreement as a milestone toward a comprehensive Bilateral Trade Agreement, with both sides reaffirming support for a commercially meaningful framework that benefits businesses, farmers, workers, and consumers and strengthens bilateral trade and trusted supply chains.
June 24, 2026
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Bilateral Trade Agreement talks advance as India and the United States review market access, digital trade, and supply chain resilience.
India and the United States reviewed progress in negotiations for an interim bilateral trade agreement and examined core elements of the proposed Bilateral Trade Agreement, including enhanced market access, digital trade, supply chain resilience, reduction of non-tariff barriers, and expanded cooperation in strategic sectors. The discussions were directed toward concluding an interim arrangement as a milestone toward a comprehensive pact, with both sides describing substantial progress and reaffirming a commitment to a balanced, commercially meaningful agreement.
June 24, 2026
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Monetary policy caution as RBI keeps neutral stance and says a rate hike is premature amid inflation risks.
Reserve Bank of India policy remains in wait-and-watch mode, with the Governor saying it is premature to talk of a rate hike and that the monetary stance will stay data dependent. The central bank is monitoring West Asia developments, crude oil movements, fuel-led inflation pressures and the monsoon, while assessing possible second-round effects on the broader economy. The RBI has kept the policy repo rate unchanged at 5.25 per cent and retained a neutral stance amid risks to growth and inflation.
June 24, 2026
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Corporate law reform seeks to decriminalise minor procedural defaults, rationalise penalties, and streamline compliance for companies and LLPs.
The Corporate Laws (Amendment) Bill, 2026 proposes amendments to the Limited Liability Partnership Act, 2008 and the Companies Act to support ease of doing business, modernise corporate governance, and improve the compliance framework for companies and LLPs. The proposed changes are directed at decriminalising minor procedural defaults, rationalising penalties, and shifting several minor lapses from criminal liability to monetary penalties, while streamlining regulatory processes and reducing litigation.
June 24, 2026
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Bilateral trade agreement talks focus on market access, digital trade, and easing non-tariff barriers.
India and the US reviewed the core elements of the proposed bilateral trade agreement, including enhanced market access, digital trade, supply chain resilience, reduction of non-tariff barriers, and expanded cooperation in strategic sectors. The discussions also addressed pathways to conclude an interim agreement as an important step toward a comprehensive BTA. Both sides reaffirmed their commitment to an agreement that is balanced, commercially meaningful, and beneficial to businesses, farmers, workers, and consumers in both countries.
June 24, 2026
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NBFC consumer financing for camera purchases through EMI plans, partner stores, and pre-approved eligibility checks.
Bajaj Finance Limited is described as an RBI-registered deposit-taking NBFC-Investment and Credit Company engaged in lending, acceptance of deposits, and financial services for retail, SME, and commercial customers. The note also refers to a consumer finance arrangement for Nikon camera purchases through partner stores and Bajaj Mall, with pre-approved eligibility checks, Easy EMI Loan or Insta EMI Card options, repayment tenures from 3 to 60 months, and zero down payment on select models.
June 24, 2026
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Bilateral trade agreement talks advance as India and the United States review progress and seek to deepen economic partnership.
India and the United States concluded ministerial-level talks on the proposed first phase of the bilateral trade agreement, reviewing progress in ongoing trade negotiations and exploring avenues to deepen economic partnership. The talks were conducted within a time-sensitive schedule, with both sides seeking to finalise the first phase before the expiry of temporary tariffs imposed by the United States.
June 24, 2026
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Districts as Export Hubs initiative identifies turmeric and garlic as key export products, highlighting value addition and export promotion.
Turmeric and garlic were identified as the district's key export products under the Districts as Export Hubs initiative after review of export potential, agro-climatic suitability and market prospects. The District Export Promotion Committee considered the District Export Action Plan under the Foreign Trade Policy 2023 and noted that processing, packaging, branding and marketing could support value addition, improve farmers' income and expand export opportunities for local producers.
June 24, 2026
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Gold loan valuation and eligibility rules shape secured borrowing against pledged jewellery, coins, and ornaments.
Gold loans are secured loans against pledged gold jewellery, ornaments or coins, with the loan amount determined by the gold's weight, purity, prevailing rate and the lender's loan-to-value ratio. Eligibility is described as simple, with Indian citizens aged 21 to 80 able to apply, while gold of 18 to 22 karat purity, and gold coins up to 24 karat purity, is accepted. Valuation excludes decorative elements and uses the lower of the previous day's closing price and the 30-day average closing price from the relevant market source.
June 24, 2026
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Digital governance and trader welfare drive stakeholder participation, trade facilitation, export promotion and compliance simplification discussions.
The National Traders' Welfare Board held its 10th meeting in hybrid mode to strengthen stakeholder participation, digital governance and trader welfare measures. The Board reviewed trade facilitation initiatives, including the Rajasthan Trade Promotion Policy and DigiDukaan, and discussed issues such as GST rationalisation, compliance simplification, export promotion, logistics, digital commerce, access to credit, social security, licensing, dispute resolution and Centre-State coordination.
June 24, 2026
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Bilateral trade negotiations near an interim pact as tariff changes reshape market access, tariff concessions, and trade commitments.
Bilateral trade negotiations between India and the United States were reported to be nearing an interim trade pact aimed at reciprocal and mutually beneficial market access, with both sides seeking to conclude the first phase of the Bilateral Trade Agreement. The framework was affected by the temporary 10 per cent tariff imposed under Section 122 of the Trade Act and by a court ruling that altered the earlier tariff landscape, prompting both sides to revisit tariff reductions, market-access concessions, and related commitments. The article also noted wider trade engagement, including Section 301 investigations, energy cooperation, and proposed Indian purchases of United States goods.
June 23, 2026
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Fertiliser supply and MSP procurement demands shape Telangana's appeal for full seasonal support and better farm returns.
Telangana sought adequate fertiliser supplies for the kharif season, saying demand for DAP and urea had risen and asking the Centre to bridge the gap between quota and actual supply so the state receives its full requirement. The state also urged removal of the 25 per cent procurement limit for pulses and oilseeds at minimum support price, MSP procurement for maize and sorghum, and a higher import duty on crude palm oil to protect oil palm farmers from falling domestic prices.
June 23, 2026
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Foreign exchange law scrutiny over alleged benami share transactions, suspicious gold imports, and undeclared overseas investments.
Foreign exchange law scrutiny was initiated through searches at multiple premises linked to a gold refining and jewellery manufacturing company on the basis of suspected contraventions under FEMA. The enquiry concerns alleged multiple transactions in the company's shares through benamidars, possible siphoning of foreign exchange out of the country, a reported mismatch between declared and recorded gold inventory, and the use of purportedly fictitious gold imports and suspicious deliveries to set off trade receivables and payables. The investigation also extends to alleged investments in African gold mines that were not reflected in the books of subsidiary companies, and to dealings with foreign entities described as dubious in character.
June 23, 2026
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Bilateral trade agreement talks advance as India and the United States recalibrate tariff commitments and market access terms.
India and the United States held high-level trade talks to recalibrate a proposed bilateral trade agreement after changes in US tariff policy altered the earlier negotiating framework. The discussions focused on securing preferential tariff treatment, preserving market access, and giving final shape to the first phase of the Bilateral Trade Agreement, while addressing uncertainty created by the temporary tariff regime and its expiry timeline.
June 23, 2026
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Competition approval for share acquisition in data centre colocation services company through primary equity subscription.
Approval was granted for the acquisition of certain shareholding in Nxtra Data Limited by Alpha Wave Ventures II, LP through primary subscription of equity shares. The acquirer is a private equity fund managed by Alpha Wave Ventures GP, a joint venture between Alpha Wave Global and Lunate Holding RSC Ltd.
June 23, 2026
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Competition Commission approval for acquisition of voting interest in Astemo reflects corporate combination oversight and sector presence in India.
Competition Commission of India approval was granted for the acquisition of a 21% voting interest in Astemo, Ltd. by Honda Motor Co., Ltd. from Hitachi, Ltd. The proposed combination concerns Honda, a Japanese joint stock corporation and flagship company of the Honda Group, and Astemo, Ltd., a Japanese company jointly controlled by Honda, Hitachi, and JICC-01 Investment Business Limited Partnership. Both parties have business presence in India through automobile and two-wheeler manufacturing, automotive components, power products, and related research and development.
June 23, 2026
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Investor education and protection drive unclaimed asset recovery through awareness, streamlined claims, and coordinated financial inclusion efforts.
Investor education and protection initiatives were advanced through a panel discussion on "Aapki Poonji Aapka Adhikaar - Learning and Way Forward" and the launch of the book "Claiming the Unclaimed: Unlocking the Potential of Idle Financial Assets in India." The discussion focused on strengthening investor rights, improving awareness about unclaimed assets, streamlining claim processes, and promoting coordinated efforts among regulators, financial institutions, investor protection agencies, policymakers, and experts to support financial inclusion. IEPFA's agenda emphasised simplification of claim settlement, expansion of digital platforms, and wider investor awareness campaigns to help investors and their families reclaim rightful assets.
June 23, 2026
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Revenue audit compliance gaps expose unrealised liquor and transport collections, permit breaches, and enforcement failures.
Revenue audit findings on Kerala's liquor and transport sectors highlight significant arrears, compliance gaps and unrealised collections across excise, vehicle tax, transport regulation and related receipts. In the liquor sector, the audit notes unrecovered losses from shortage of Extra Neutral Alcohol, transit permit discrepancies for imported liquor suggesting possible diversion, and assessment lapses resulting in short levy or non-levy of taxes. In the transport sector, it points to non-functional testing infrastructure, vehicles operating with expired certificates, unlicensed aggregators, and permit violations leading to unrecovered fees and penalties.

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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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