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    Explained: What establishes citizenship in India?
    Govt restores commercial LPG supplies as West Asia crisis pressures ease
    Very close on trade deal with US; competitive tariff advantage important for India: Piyush Goyal
    Liquor tax row: CPI(M) accuses Kerala CM of making ''incorrect'' statements, seeks clarification
    Oil falls to pre-war levels, no change in petrol and diesel prices
    India''s Textile Export Opportunity Creates Strong Growth Runway for Welspun Living
    Marie Claire Paris Launches Its First Salon in Mumbai
    FTA with UK most comprehensive agreement so far: Piyush Goyal
    Amazon CEO meets PM Modi; co adds USD 13 bn to 5-yr mega investment plan for AI, cloud infra
    Sterling Bank of Asia Selects Infosys Finacle Software-as-a-Service for it's Next-Gen Transformation
    Gujarat Future Forum at India House puts regional delivery at the centre of the UK–India growth story
    APEDA Facilitates First Commercial Sea Shipment of Premium Banganapalle Mangoes from India to Singapore
    Build Credit, Earn Cashback: Paisabazaar and SBM Bank India Launch Paisa+ Secured Credit Card
    ED seizes cash, gold during searches against MP educational society
    Rising Gold Prices Are Giving Indian Households More Borrowing Power Than Ever Before
    International MSME Day: IFQM Calls for a National Quality Mission to Embed India's MSMEs into Global Value Chains
    Ex-CM’s daughter appears before ED in PMLA case for second time
    RBI issues draft ‘Guidance on Regulatory Principles for Model Risk Management’
    APEDA Successfully Concludes First Cohort of BHARATI Programme to Accelerate Innovation-Led Growth in Agri-Food Exports
    FAQs on Index of Services Production – Trial Indices with Base year 2024 -25
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    June 25, 2026
    Show AI Summary
    Citizenship proof in India depends on legal records, not any single identity card or passport alone.
    Citizenship in India is not established by any single universal identity card, and legal proof depends on the documents and records relevant to the manner in which citizenship is claimed. Passport, Aadhaar, voter identity card and PAN card do not operate as standalone proof of citizenship. A passport is treated as a travel document, Aadhaar as proof of residence and identity, PAN as a tax identifier, and voter enrolment as electoral registration rather than conclusive citizenship proof.
    June 25, 2026
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    Commercial LPG supply restrictions eased as emergency rationing unwound and bulk supplies resumed with improving LPG availability.
    Commercial LPG supply restrictions imposed during the West Asia crisis were withdrawn as domestic production improved and imported cargo arrivals were expected, restoring non-domestic packed LPG supplies to pre-crisis levels for hotels, restaurants and other commercial users. Bulk LPG supplies were partially resumed at 50 per cent of pre-crisis consumption, and emergency rationing measures were unwound while household cooking gas availability remained the priority.
    June 25, 2026
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    Competitive tariff advantage drives India-US trade pact as final terms await market-access alignment.
    Competitive tariff advantage is identified as the central condition for the India-US bilateral trade agreement to enter into force. The pact is close to completion, but its implementation depends on India securing tariff treatment that preserves a market-access advantage over competing economies. The discussions are focused on the legal and commercial framework needed to provide that advantage and on finalising the remaining fine print of the agreement.
    June 25, 2026
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    Low-alcohol beverage tax reduction triggers political dispute over liquor policy, transparency, and alleged revenue loss.
    A political dispute arose over a budget proposal to reduce tax on low-alcohol beverages, with CPI(M) alleging that the proposal did not originate under the previous LDF government and that the earlier liquor policy only classified alcoholic beverages without deciding any tax reduction. CPI(M) sought clarification and withdrawal of the contrary statement, and also demanded withdrawal of the budget proposal, alleging that it was intended to benefit an alcohol manufacturing company and could cause revenue loss to the state exchequer.
    June 25, 2026
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    Crude oil prices ease to pre-conflict levels, but petrol and diesel rates remain unchanged for now.
    Global crude oil prices fell back to pre-conflict levels, easing inflation risks, lowering India's import bill and improving fiscal flexibility. Retail petrol and diesel prices remained unchanged, while state-owned fuel retailers were said to adjust pump prices based on average crude movements over a preceding period rather than daily fluctuations. The easing in oil-market tensions also led to the quiet suspension of inter-ministerial briefings monitoring supply and market stability.
    June 25, 2026
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    Global textile sourcing shift boosts India's competitiveness, with home textiles and sustainability driving long-term export growth.
    India's textile sector is entering a favourable growth phase due to global supply chain diversification, stronger sourcing activity and improved demand visibility. Home textiles are highlighted as a key export segment, with premiumisation, value-added products, sustainability-led sourcing and brand penetration driving long-term growth. Recent trade agreements are expected to strengthen India's competitiveness as a sourcing destination, and Welspun Living is positioned to benefit through integrated manufacturing, diversification, retailer relationships and continued investment in innovation and sustainability.
    June 25, 2026
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    Franchising-led salon expansion drives Marie Claire Paris's India growth with premium beauty and wellness services.
    Marie Claire Paris expanded its India presence by launching its first salon in Mumbai through B2C Network LLP, its exclusive franchisor in India. The brand plans to strengthen its footprint across premium retail destinations, malls and high-street locations nationwide through franchising. The salon offers hair care, skin rejuvenation, nail services, bridal and wedding makeovers, grooming solutions and personalized consultations, supported by trained professionals and international service standards.
    June 25, 2026
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    Free trade agreement with the UK seen as India's most comprehensive pact, with tariff cuts and trade growth ahead.
    India's Comprehensive Economic and Trade Agreement with the UK is described as the most comprehensive free trade agreement India has concluded so far, with implementation scheduled to begin on 15 July. The agreement is presented as a framework for expanding bilateral commerce between two complementary and growing economies, and businesses in both countries are urged to leverage its tariff reductions and market-opening benefits to raise the trading partnership to a much higher level.
    June 25, 2026
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    AI and cloud infrastructure drive Amazon's expanded India investment plan, alongside digitisation, exports and job creation.
    Amazon announced an additional USD 13 billion investment in India, taking its planned capital commitment to USD 48 billion for 2026 to 2030. The expanded investment is directed principally toward AI and cloud infrastructure, including growth of AWS data centre capacity in Mumbai and Hyderabad, with access to custom AI chips, managed AI services, secure cloud technologies and developer tools. Amazon said the commitment reflects its long-term focus on India's digital economy, customer demand across e-commerce and AWS, and alignment with policy priorities around AI-led digitisation, export growth and job creation.
    June 25, 2026
    Show AI Summary
    Core banking transformation through SaaS platform aims to improve reliability, automation, compliance, and scalable digital growth.
    Sterling Bank of Asia selected Infosys Finacle Software-as-a-Service platform for its transformation programme, using core banking, customer data hub, trade finance, and origination solutions. The collaboration is intended to improve employee and customer experience, maintain availability and reliability, reduce operational complexity through automation and digitisation, and support future growth. The SaaS deployment is also expected to simplify technology operations, enable faster innovation, and provide secure, compliant, cloud-hosted scalability with periodic upgrades and feature enhancements.
    June 25, 2026
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    Regional economic cooperation drives the UK-India Free Trade Agreement agenda through Gujarat's investment and trade opportunities.
    Regional economic cooperation was highlighted as the practical next phase of the UK-India partnership following ratification of the UK-India Free Trade Agreement, with Gujarat presented as a central hub for industry, energy, finance, innovation and enterprise. The discussions focused on how businesses can convert the FTA into investment, market access, technology collaboration and long-term commercial partnerships, while emphasising Gujarat's industrial ecosystem, investment-friendly policies, business-ready infrastructure and policy stability.
    June 25, 2026
    Show AI Summary
    Sea freight for horticultural exports gains momentum as premium Banganapalle mangoes reach Singapore through compliant cold-chain logistics.
    APEDA facilitated the first commercial sea shipment of premium Banganapalle mangoes from India to Singapore, using GAP-certified orchards, an APEDA-recognised packhouse, and cold-chain logistics to meet Singapore's quality and phytosanitary requirements. The shipment is presented as evidence of the viability of sea freight for fresh horticultural exports and of the commercial benefits of scientific post-harvest management and sustainable export pathways.
    June 25, 2026
    Show AI Summary
    Fixed deposit-backed secured credit card expands access to formal credit with cashback and credit-building benefits.
    Fixed deposit-backed secured credit card launched to expand access to formal credit for consumers with limited or no credit history, including new-to-credit users and persons seeking to rebuild damaged credit profiles. The product helps cardholders begin building credit history through responsible usage while using an FD as security, with minimum FD requirement starting at Rs. 2,000. The card combines credit-building with FD returns up to 7% p.a. and cashback on online, offline and eligible UPI transactions, subject to stated fee and cashback caps.
    June 25, 2026
    Show AI Summary
    Money laundering probe over alleged fund diversion at an educational society leads to searches and asset seizure.
    Enforcement Directorate searches in a money laundering investigation against a Madhya Pradesh-based educational society led to seizure of cash, gold jewellery, financial records and property-related documents. The probe arises from an FIR alleging large-scale financial fraud, including misappropriation and diversion of funds belonging to the society, and is registered under the Prevention of Money Laundering Act. The searches covered residential premises, offices, educational institutions, trusts and business establishments connected with the Chouksey Group.
    June 25, 2026
    Show AI Summary
    Gold loan borrowing capacity rises as gold prices climb, with valuation and eligibility rules unchanged.
    Rising gold prices increase the borrowing capacity available against pledged gold because gold loan amounts are calculated on the basis of the weight and purity of the ornament and the gold rate applied on the assessment date. The higher rate environment therefore allows the same jewellery or coins to support a larger loan amount without any change in the underlying eligibility criteria. Gold loan eligibility requires the applicant to be an Indian citizen aged between 21 and 80 years and to submit one KYC document. Accepted security includes gold jewellery or ornaments of 18 karat to 22 karat purity, and gold coins up to 24 karat.
    June 25, 2026
    Show AI Summary
    Quality-led MSME competitiveness drives India's push toward global value chains through benchmarking, excellence and continuous improvement.
    India's MSMEs are presented as central to growth, manufacturing and exports, but the country's low global trade share is said to show a competitiveness gap. The text frames quality as the missing link between scale and participation in global value chains. It describes a National Quality Mission based on cluster development, self-assessment, roadmaps, total quality management, zero defect manufacturing and operational excellence, together with benchmarking, leadership development and continuous improvement.
    June 25, 2026
    Show AI Summary
    Money laundering probe under PMLA focuses on alleged payments, loans and proceeds of crime linked to Exalogic and CMRL.
    Enforcement Directorate continued its investigation under the Prevention of Money Laundering Act into alleged transactions between Exalogic Solutions Pvt Ltd and Cochin Minerals and Rutile Ltd, questioning Veena T again and examining her bank lockers. The probe concerns allegations that payments and loans were routed without corresponding services, with the ED alleging that the arrangements generated proceeds of crime and relying on a prosecution complaint filed by the Serious Fraud Investigation Office.
    June 25, 2026
    Show AI Summary
    Model Risk Management guidance broadens regulatory expectations for AI, machine learning and third-party model governance.
    Reserve Bank of India has released draft Guidance on Regulatory Principles for Model Risk Management for public comments. The guidance applies to a wide range of regulated entities and covers all models used by them, including third-party models and models employing artificial intelligence or machine learning. It sets out broad regulatory expectations across the model lifecycle to strengthen governance, oversight, risk management and controls against financial, operational, compliance and reputational risks.
    June 25, 2026
    Show AI Summary
    Agri-food export acceleration gains momentum as BHARATI links startups with market access, compliance, and global buyers.
    APEDA concluded the first cohort of its BHARATI export enablement and acceleration programme for agri-food startups. The initiative supports innovation, entrepreneurship, value addition, technology adoption and global market readiness, with training in export preparedness, market access, regulatory compliance, packaging, branding and investor readiness, together with mentorship and stakeholder engagement. It also facilitated international market exposure and early export outcomes across multiple foreign markets.
    June 25, 2026
    Show AI Summary
    Index of Services Production expands monthly measurement of formal services output through trial indices, GST data, and GVA-based weighting.
    Index of Services Production (ISP) is proposed as a monthly short-term indicator of real output in the formal services sector, using a base year of 2024-25 and trial releases before regular dissemination. The series will cover major services sub-sectors, exclude government and informal activities, and rely on administrative data, GST outward supplies and ASISSE estimates, with GVA-based weights and a fixed-weight Laspeyres volume index.

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      Corp. Laws / SEBI / IBC

      Govt should amend legal framework to make passport, Aadhaar valid proofs of citizenship: Tharoor

      June 26, 2026

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      New Delhi, Jun 26 (PTI) Amid the row over the passport-citizenship issue, senior Congress leader Shashi Tharoor on Friday said the government should amend the legal framework to make both the passport and the Aadhaar card valid and conclusive proofs of Indian citizenship unless they are explicitly cancelled or withdrawn by the state.

      He said implementing this requires solving a critical administrative hurdle because Aadhaar is currently issued based on 182 days of local residence rather than nationality, and it is held by citizens and non-citizen residents alike.

      "The solution is straightforward. The Unique Identification Authority of India (UIDAI) should introduce a visually distinct Aadhaar card (featuring, say, a visible diagonal red stripe across the front), specifically designated for non-citizens living in India," Tharoor said.

      "The recent statement by the Ministry of External Affairs (MEA) -- on #PassportSevaDivas, no less! -- clarifying that an Indian passport is primarily a 'travel document and not conclusive proof of citizenship' has triggered a predictable wave of public bewilderment and political sparring," the former minister of state for external affairs said on X.

      While the government defends this as a long-standing legal position rooted in Section 20 of the Passports Act of 1967, which technically allows the state to issue passports to non-citizens under rare, public-interest circumstances, this is a distinction without a difference, meaningless to the average citizen, Tharoor argued.

      "For decades, the passport has been considered the gold standard of identity. We navigate the gruelling bureaucratic maze of police verifications and document checks required to obtain one, precisely because the state demands concrete proof of citizenship before granting it.

      "To turn around and declare that the very document born from this rigorous vetting does not actually prove citizenship creates an absurd legal paradox," he said.

      If a passport does not establish domestic citizenship, then what does, asked the MP from Thiruvananthapuram.

      "The Supreme Court has already ruled that the Aadhaar card is merely a proof of identity and residence, not citizenship. This leaves millions of Indians in a bizarre administrative limbo where they possess world-class biometric and state-issued documents, yet none are legally deemed 'conclusive' proof of their nationality within their own borders," the Congress leader said.

      "To end this fatuous controversy once and for all, a common-sense legislative overhaul is urgently required. The government should formally amend the legal framework to make both the passport and the Aadhaar card valid, conclusive proofs of Indian citizenship unless they are explicitly cancelled or withdrawn by the state," he said.

      Implementing this requires solving a critical administrative hurdle -- because Aadhaar is currently issued based on 182 days of local residence rather than nationality, it is held by citizens and non-citizen residents alike, he pointed out.

      "The solution is straightforward. The Unique Identification Authority of India (UIDAI) should introduce a visually distinct Aadhaar card (featuring, say, a visible diagonal red stripe across the front), specifically designated for non-citizens living in India. By clearly demarcating the two categories, the state can safely mandate that carrying either a standard citizen's Aadhaar or a valid passport is compulsory and sufficient proof of citizenship for all Indian nationals at all times," he said.

      This dual-document policy would immediately streamline domestic verification, eliminate arbitrary bureaucratic challenges during electoral revisions, and provide every Indian with absolute, unquestionable legal certainty regarding their identity, Tharoor said.

      The raging controversy erupted on Thursday on the passport-citizenship issue with the government asserting that no new decision has been taken on the travel document in the past 12 years and the opposition alleging that groundwork is being done to "arbitrarily deny" citizenship rights to those who "disagree" with the ruling dispensation.

      Citing the Passports Act 1967, government sources said passports can be given to even non-citizens "in the public interest" while Election Commission officials said passport continues to be among the 12 valid supporting documents required by voters to prove their eligibility to be on the voters' list.

      Amid the row, the Ministry of External Affairs (MEA) on Thursday published a gazette notification, dated June 20, announcing the hike in the application fee for an ordinary fresh passport containing 36 pages from Rs 1,500 to Rs 2,500.

      The controversy emerged after the media reported, quoting MEA officials, that a passport is a travel document, not proof of citizenship. It is not a document that establishes citizenship, the MEA officials had said on Wednesday.

      "It was not decided yesterday that the passport is not proof of citizenship. It was not even decided in the last 12 years under the Narendra Modi government. The passport has never been a proof of citizenship," a government source said.

      The sources also cited Section 20 of the Passports Act, 1967, which says that passports and travel documents can be issued to persons who are not citizens of India. PTI ASK ASK KSS KSS

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