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    ED raids Rajesh Exports; flags multiple financial transactions
    India, US hold high-level trade talks as two nations rework deal amid tariff changes
    CCI approves acquisition of certain shareholding in Nxtra Data Ltd (Target) by Alpha Wave Ventures II, LP (Acquirer)
    CCI approves acquisition of 21% voting interest in Astemo Ltd. by Honda Motor Co. Ltd
    IEPFA Organises panel discusion on “Aapki Poonji Aapka Adhikaar – Learning and Way Forward”; Launches book: “Claiming the Unclaimed: Unlocking...
    Kerala CAG report flags revenue gaps in liquor, transport sectors
    ED searches against Rajesh Exports after Sebi scrutiny
    Remarks of the Governor on the Inauguration of Week-long celebration of International MSME Day 2026 Kochi, Kerala, June 22, 2026
    UK-India Week opens in the West Midlands with IGF Smarter Regions Forum
    India's pharma supply chain heavily dependent on Chinese imports: NITI Aayog
    Supreme Court on Company Law - Compendium of Cases Third Edition - Another Landmark Publication by Aseem Chawla, Senior Advocate
    India, US begin high-level trade talks as two nations rework deal amid tariff changes
    Goyal, US Trade Representative Greer begin talks on trade pact
    ED raids in MP, Chhattisgarh in PMLA case
    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
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    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.
    June 23, 2026
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    Foreign exchange and securities scrutiny deepens as searches target Rajesh Exports over alleged financial irregularities.
    Enforcement action under the Foreign Exchange Management Act was reported against Rajesh Exports after market regulator scrutiny over alleged financial irregularities. Searches were conducted at premises linked to the company in Bengaluru and Mumbai. The scrutiny concerns an interim regulatory order alleging inflated consolidated revenues through overseas subsidiaries, particularly Valcambi SA in Switzerland. The regulator also restrained the company's Chairman and Managing Director from dealing in the company's securities until further orders.
    June 23, 2026
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    MSME credit access expands through digital lending, guarantee cover, and collateral-free finance measures.
    Priority sector lending, collateral-free lending, guarantee cover, receivables discounting, simplified working capital norms, NBFC on-lending and co-lending recognition, the Account Aggregator framework, and restriction on pre-payment charges are described as measures expanding formal credit access for MSMEs. The remarks also note structured engagement through MSME town halls, capacity-building of bankers, and empowered committees to review MSME financing, stressed accounts, credit linkage, and credit application pendency. The Unified Lending Interface is presented as a consent-based digital mechanism for faster MSME credit assessment.
    June 23, 2026
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    Regional partnership between Gujarat and the West Midlands advances through UK-India Week's focus on investment, innovation and growth.
    UK-India Week 2026 opened in the West Midlands through the IGF Smarter Regions Forum, focused on advancing the emerging regional partnership between Gujarat and the West Midlands. The programme is designed to convert UK-India engagement into practical collaboration across investment, innovation, skills, advanced manufacturing, clean energy, life sciences and regional growth, with discussions centred on strengthening a regional growth corridor through deeper cooperation in industry, trade-related collaboration, capital flows and technology partnerships.
    June 23, 2026
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    Pharmaceutical supply chain dependence drives calls for diversification, regulatory transparency and stronger innovation ecosystems in India.
    India's pharmaceutical supply chain remains heavily dependent on Chinese imports for critical active pharmaceutical ingredients, key starting materials and intermediates. Rising environmental compliance requirements have increased manufacturing and research and development costs, while weak innovation and a limited commercialisation ecosystem create uncertainty for innovators and long-term investment. The report calls for diversification into higher-value pharmaceutical segments, greater regulatory transparency, and stronger industry-academia technology transfer to support patent commercialisation, research collaboration and startup incubation.
    June 23, 2026
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    Company law compendium traces Supreme Court jurisprudence across changing statutory frameworks and supports structured legal research.
    Publication of the third edition of Supreme Court on Company Law compiles landmark Supreme Court decisions from 1950 to 2025 across the Companies Act, 1913, the Companies Act, 1956 and the Companies Act, 2013. The compendium provides concise headnotes stating the ratio decidendi, relevant paragraph references, and nominal, subject and section indices to enhance research utility and trace the development of company law jurisprudence.
    June 23, 2026
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    Bilateral trade agreement talks focus on tariff changes, interim commitments, and revised market-access terms between India and the United States.
    High-level trade talks between India and the United States focused on reworking a proposed bilateral trade agreement after changes in US tariff policy altered the earlier framework. The discussions concerned an interim pact sought before expiry of the United States' temporary additional tariff regime, with both sides revisiting tariff commitments that had been built into the February framework and later affected by a Supreme Court ruling and subsequent tariff changes. The talks were also linked to broader efforts to strengthen economic ties and give final shape to the first phase of the Bilateral Trade Agreement.
    June 23, 2026
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    Bilateral trade agreement talks focus on tariff realignment, market access commitments, and a conditional framework for mutual adjustments.
    Bilateral trade agreement talks between India and the United States centred on finalising the first phase of an interim framework for reciprocal and mutually beneficial trade, with both sides reviewing the earlier contours of the pact in light of changes in the United States tariff regime. The framework contemplated tariff reductions on Indian goods and wider market-access commitments by India, along with proposed Indian purchases of energy products, aircraft, precious metals, technology products and coking coal over a five-year period. The negotiations were being revisited to realign the first-phase agreement with the changed tariff structure.
    June 23, 2026
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    Money laundering investigation leads to searches over a private university's financial affairs under the Prevention of Money Laundering Act.
    Enforcement Directorate searches were conducted in Madhya Pradesh and Chhattisgarh as part of a money laundering investigation concerning the financial affairs of a private university. About ten locations were searched under the Prevention of Money Laundering Act, and the inquiry was linked to an FIR registered by the Economic Offences Wing of the Madhya Pradesh Police.
    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.

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      Customs & Trade

      Dr. Nidhiesh Sharma Empowering Young Entrepreneurs and Farmers to Go Global Under PM Modi's Atmanirbhar Bharat Vision

      June 26, 2026

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      "Abki Baar, International Vyapar" New Delhi [India], June 26: Dr. Nidhiesh Sharma is a distinguished International Business Consultant, Entrepreneur, Social Reformer, and Export Promotion Expert with more than 22 years of experience in international trade, business development, entrepreneurship promotion, and social empowerment.

      Born in Jaunpur, Uttar Pradesh, Dr. Sharma has emerged as a recognized leader dedicated to strengthening India's business ecosystem and creating global opportunities for Indian entrepreneurs, MSMEs, startups, and farmers.

      As the Founder and Director of Rsrishti International Pvt. Ltd., he has played a significant role in promoting exports, entrepreneurship, healthcare initiatives, franchise development, and international business expansion across India and overseas markets.

      A Visionary for Atmanirbhar Bharat Inspired by the vision of an Atmanirbhar Bharat, Dr. Sharma actively works toward empowering Indian businesses to compete globally.

      His mission focuses on: • Promoting Indian products in international markets • Strengthening India's export ecosystem • Creating employment opportunities through entrepreneurship • Supporting startups and MSMEs with business growth strategies • Enhancing farmer income through export-oriented initiatives • Contributing toward India's economic growth and GDP development Through seminars, workshops, business conclaves, and mentoring programs, he continues to inspire entrepreneurs to build globally competitive enterprises.

      Professional Excellence With over two decades of practical business experience, Dr. Sharma has guided numerous organizations in: • Import & Export Business Development • International Trade Consulting • Global Market Expansion • Franchise Development • Startup Mentoring • Business Growth Strategy • Corporate Training • Leadership Development • International Buyer-Seller Networking His business initiatives have expanded across major Indian cities including Mumbai, Jaipur, Bhopal, Indore, Pune, Ahmedabad, and Delhi NCR.

      Internationally, his business network and collaborations have extended to markets such as: • Dubai (UAE) • Vietnam • China • Singapore • Malaysia • Other Global Trade Destinations Awards & Recognition Dr. Nidhiesh Sharma has been recognized by various national and international organizations for his contribution to entrepreneurship, exports, leadership, and social development.

      Notable recognitions include: • Bharat Shri Award • Business Ratna Award • Indian Press Recognition for Entrepreneurship Development • Excellence in International Business Promotion Awards • Leadership and Social Impact Honors from multiple organizations These accolades reflect his commitment to empowering businesses and contributing to India's economic advancement.

      Media Presence & Public Recognition Dr. Nidhiesh Sharma has built a strong and influential presence across national television channels, print media, digital platforms, business publications, and international media networks through his contributions to entrepreneurship, exports, social development, and nation-building initiatives.

      His achievements, expert insights, interviews, and business initiatives have been featured on leading media platforms including: • In24News • India News • IPC News • National & Regional Media Networks • Business Publications & Industry Journals • Digital Business & Entrepreneurial Platforms International Media Recognition Dr. Sharma's entrepreneurial journey, leadership vision, and contribution towards international trade promotion have also received recognition from international publications, including: • London Herald • London Magazine • International Business & Leadership Publications • Global Entrepreneurial Media Platforms Through media interactions, keynote speeches, panel discussions, and expert interviews, Dr. Sharma continues to advocate for entrepreneurship, innovation, exports, startup development, farmer empowerment, and the vision of an Atmanirbhar Bharat. His efforts align with the broader objective of strengthening India's economy, promoting self-reliance, generating employment, and contributing to sustainable GDP growth through business and export-led development.

      Social Impact & Public Service Beyond business, Dr. Sharma is deeply committed to nation-building and social development.

      For more than a decade, he has actively worked on: • Youth Employment Generation • Skill Development Programs • Farmer Empowerment Initiatives • Rural Development Projects • Women's Entrepreneurship Programs • Healthcare Awareness Campaigns • Startup and Self-Employment Promotion His leadership roles, including Maharashtra Pradesh Sachiv and Morcha Adhyaksh, have enabled him to drive meaningful community initiatives and social welfare programs.

      Through educational seminars and awareness campaigns, he has inspired thousands of young Indians to pursue entrepreneurship, self-reliance, and economic empowerment.

      Leadership Philosophy Dr. Nidhiesh Sharma believes that entrepreneurship is one of the strongest tools for national development.

      His leadership philosophy is built on: • Innovation • Self-Reliance • Global Thinking • Ethical Business Practices • Social Responsibility • Sustainable Economic Growth He continues to mentor aspiring entrepreneurs and business leaders to create enterprises that generate employment, contribute to exports, and strengthen India's position in the global economy.

      Legacy Today, Dr. Nidhiesh Sharma is recognized as a visionary entrepreneur, inspiring leader, export strategist, and social reformer whose work bridges business growth with social impact.

      His unwavering commitment to entrepreneurship, exports, innovation, and nation-building continues to inspire businesses, professionals, farmers, and young entrepreneurs across India and beyond.

      “Empowering Entrepreneurs • Strengthening Exports • Building Atmanirbhar Bharat” (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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