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    India, Slovakia upgrade ties to comprehensive partnership; ink 11 pacts
    The cumulative exports (merchandise & services) during April-May 2026-27 is estimated at US$ 162.69 Billion, as compared to US$ 141.89 Billion in Apri...
    IICA Hosts National Conference on “Redefining India’s Restructuring Ecosystem” to Mark a Decade of IBC and Celebrates Convocation of PGIP 6th Ba...
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June 15, 2026
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Comprehensive Partnership deepens India-Slovakia cooperation across trade, defence, labour migration and energy security.
India and Slovakia elevated their bilateral ties to a Comprehensive Partnership and finalised agreements covering labour migration, defence, digital technologies, higher education and quantum communication. The talks also focused on energy security, strategic cooperation and support for the earliest implementation of the India-European Union free trade agreement. Both sides endorsed orderly, safe and legal mobility of skilled professionals and agreed to work towards an early Social Security Agreement to support welfare and social protection for mobile workers.
June 15, 2026
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India's external trade growth trends show higher exports, rising imports, and expanding services surplus in May 2026.
India's external trade for May 2026 and April-May 2026-27 showed growth in merchandise and services exports, but imports also rose and trade deficits persisted. Total exports were estimated at US$ 81.96 billion in May 2026 and US$ 162.69 billion for April-May 2026-27, while imports were estimated at US$ 92.47 billion and US$ 182.83 billion respectively. Services exports, non-petroleum exports, and several commodity categories recorded positive growth, with petroleum products, engineering goods, chemicals, electronic goods, and gems and jewellery identified as major drivers of merchandise export growth.
June 15, 2026
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Insolvency and Bankruptcy Code reform advances focus on cross-border insolvency, creditor-led resolution, and technology-driven restructuring.
A national conference on India's restructuring ecosystem marked a decade of the Insolvency and Bankruptcy Code and highlighted institutional capacity building through the convocation of insolvency professionals. The discussions stressed coordinated judicial, regulatory and institutional action for timely and value-maximising resolution, with cross-border insolvency, the UNCITRAL Model Law, the Creditor-Initiated Insolvency Resolution Process, pre-packaged insolvency, ADR, distressed asset markets, rescue financing and technology-driven reforms identified as key areas of future development.
June 15, 2026
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Logistics modernisation drives the India Logistics Conclave 2026, spotlighting digital customs, infrastructure, and trade facilitation.
The Brihanmumbai Custom Brokers' Association will host the India Logistics Conclave 2026 in Mumbai on 17 June 2026 as its second flagship policy forum, bringing together government, ports, customs and industry leadership under the theme of logistics-led national development. The programme is positioned as a dialogue on India's trade-and-logistics ecosystem, including the Viksit Bharat 2047 roadmap, digital customs, geopolitical realignments, infrastructure delivery and the evolving role of licensed intermediaries. The conclave presents customs brokers and freight forwarders as front-line partners in trade facilitation and focuses on trade policy, infrastructure and logistics modernisation.
June 15, 2026
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Algorithmic excellence and STEM inclusion drive India's first-ever gold at the European Girls Olympiad in Informatics.
Sasken Technologies announced support for the Indian team that won India's first-ever gold medal at the European Girls Olympiad in Informatics 2026. The release links the achievement to the Indian Computing Olympiad ecosystem and highlights long-term support for algorithmic excellence, foundational computing skills, deep-tech talent, and the participation of young women in STEM.
June 15, 2026
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Wind energy capacity expansion and supply chain transparency drive India's domestic manufacturing and export competitiveness.
India's wind energy sector is being positioned for rapid capacity expansion, with the stated target of reaching 100 GW of installed wind capacity by 2030 and 155 GW by 2035. The sector has already crossed 56.1 GW of installed capacity and added a record 6.1 GW in FY 2025-26, while stakeholders have identified more than 100 GW as necessary for an affordable and sustainable energy transition. The industry is also described as supporting the broader Atmanirbhar Bharat objective through a resilient domestic supply chain and increasing manufacturing capability.
June 15, 2026
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Exports and imports data show higher trade deficit amid strong export growth and rising petroleum-driven imports.
Exports rose to a six-month high in May, while imports also increased, causing the trade deficit to widen on a year-on-year basis even though it eased slightly from April. Export growth was driven by electronic goods, petroleum products, engineering items and pharmaceuticals. For April-May 2026-27, exports and imports both recorded double-digit growth, leaving a larger cumulative trade deficit. Gold and crude oil imports rose sharply during the period, while exports to West Asia remained close to the previous year's level despite regional disruption.
June 15, 2026
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Luxury residential hospitality redefined through a private rooftop restobar, resident-exclusive experiences, and integrated lifestyle ecosystems.
Luxury residential development is being repositioned around experience-led amenities rather than apartment size alone, with Horizon introduced as a private rooftop restobar at the crown of Raheja Imperia-I in Worli. The concept is presented as a resident-exclusive social destination on the 60th floor, designed to enhance privacy, prestige and lifestyle value within a residential address. The project is also described as part of a broader portfolio strategy centred on integrated lifestyle ecosystems and collaboration with a hospitality operator.
June 15, 2026
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Fertiliser supply security remains comfortable as government finalises urea imports and reviews Kharif-season availability.
The government said it is finalising imports of 17 lakh tonnes of urea to strengthen domestic supply while maintaining that fertiliser availability for the ongoing Kharif season remains comfortable. The Department of Fertilizers said stocks are above the usual level, domestic production and imports have supplemented supply after the West Asia crisis, and more than 50 lakh tonnes of urea and P&K fertilisers have been secured from multiple countries. The department also said subsidy bills are being paid weekly and adequate budget support is available.
June 15, 2026
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India-US trade talks advance as both sides seek to finalise an interim framework amid shifting tariff conditions.
Interim India-US trade agreement discussions are scheduled to continue, with talks centred on finalising the framework deal and advancing the broader bilateral trade agreement. The framework covers trade in goods, non-tariff measures, customs and trade facilitation, economic security alignment and related areas of mutual interest. The article also notes that changes in the US tariff landscape may require recalibration of the agreement, while Section 301 investigations and a proposed tariff measure linked to forced labour remain under consideration.
June 15, 2026
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Aadhaar identity proof dispute seeks limits on its use for citizenship, address and voter registration verification.
A public interest plea seeks directions to ensure that Aadhaar is used strictly as proof of identity and not as proof of citizenship, domicile, residential address or date of birth. The petition invokes the Aadhaar Act, the Representation of the People Act and Article 14 to challenge Aadhaar-based verification in new voter registration forms, and alleges that the existing electoral verification mechanism is inadequate. It also seeks a comprehensive overhaul of the framework and a monitoring committee to oversee reforms.
June 15, 2026
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Wholesale price inflation and producer price indices show energy shocks, a revised index base, and a shift toward PPI tracking.
Wholesale price inflation rose to a record high in May, driven mainly by sharp increases in fuel and power costs and other energy-linked inputs. The government revised the wholesale price index base year to 2022-23, expanded the WPI basket, and released producer price indices for the first time, including services PPI for selected service sectors. The stated objective is to track output and input price movements and gradually replace WPI data with PPI in line with global practice.
June 15, 2026
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Rupee appreciation gains support from softer crude, weaker dollar and improved risk sentiment after the US-Iran deal.
Rupee appreciation in the foreign exchange market was driven by improved global risk sentiment after a US-Iran deal eased geopolitical tensions and pushed down crude oil prices. A weaker US dollar, lower treasury yields and a sharp rise in domestic equity markets also supported the local currency, with traders noting that softer energy prices may ease inflation pressure and improve external balance conditions.
June 15, 2026
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Credit card disclosure and payment flexibility shape AU Small Finance Bank's customer-first card range.
AU Small Finance Bank's credit card range is structured around customer-first features, variant-specific rewards and spending patterns, with clear disclosure of interest rates, finance charges and fees. The cards offer multiple bill payment channels, including mobile banking, net banking, BBPS, UPI, NEFT, IMPS, auto-pay and assisted digital channels. Card benefits, eligibility, issuance, charges and terms remain subject to the cardholder agreement, internal policy and periodic review.
June 15, 2026
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Merchandise exports rise as imports climb further, widening the trade deficit in May.
Merchandise exports increased in May, while imports also rose, resulting in a larger trade deficit. Commerce ministry data showed exports at USD 45.2 billion and imports at USD 73.41 billion for the month. For April-May 2026-27, merchandise exports rose to USD 88.91 billion, reflecting growth over the corresponding period of the previous year.
June 15, 2026
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Digital governance and Aadhaar access are highlighted as key tools for making public services more efficient and inclusive.
Digital governance in Delhi should demonstrate efficiency, inclusivity and accessibility, with institutions adapting to rising expectations for transparency and service delivery. An Aadhaar Seva Kendra was inaugurated to improve access to Aadhaar enrolment, biometric updates and related services. The availability of operational Aadhaar centres is part of the broader effort to make governance more accessible and transparent for residents.
June 15, 2026
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Money laundering probe over alleged suspicious payments and loans linked to CMRL and associated entities.
Enforcement Directorate questioning was undertaken in connection with a money laundering probe involving Cochin Minerals and Rutile Limited, its associated entities, and persons linked to the Kartha family and Veena Vijayan. The probe concerns allegations that CMRL made payments to Exalogic Solutions Private Limited without receiving services in return and that related lending transactions were extended despite alleged repayment defaults. The agency has alleged that these dealings generated proceeds of crime and registered the case under the Prevention of Money Laundering Act.
June 15, 2026
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Wholesale price inflation surges as fuel, food and manufactured goods costs rise amid global energy pressures.
Wholesale price inflation rose to 9.68 per cent in May, driven by higher fuel and power, manufactured products, and food articles. The WPI inflation data was released with the base year revised to 2022-23 from 2011-12. Retail inflation also increased, while the Reserve Bank of India continued to focus on consumer price inflation for monetary policy and raised its inflation projection for the current fiscal year because of higher global energy prices and mounting input costs.
June 15, 2026
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PMLA money trail scrutiny drives questioning in the primary school recruitment probe, with financial records and digital evidence cross-checked.
Enforcement Directorate questioning in a PMLA probe into alleged irregularities in primary school recruitments focused on tracing the alleged proceeds of crime and the movement of funds through accounts and entities. The interrogation was to be videographed and cross-checked against financial documents, digital records and statements of other accused persons, with clarification sought on inconsistencies between earlier submissions and materials recovered during searches.
June 15, 2026
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Foreign capital inflows get tax and forex support through RBI swap facilities and concessional borrowing measures.
Measures to attract foreign capital included tax exemptions for foreign investors in government securities and RBI-backed swap facilities for banks and public sector undertakings. The framework allowed banks access to the FCNR(B) swap facility for currency risk management and offered a concessional forex swap facility to encourage external commercial borrowings, with currency hedging borne by the RBI as part of a calibrated approach to support market inflows.

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Customs, DGFT & SEZ

MPEDA to Organise Second National Seafood Skill Olympiad During Seafood Expo Bharat 2026

June 30, 2026

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MPEDA Conducts 50 Nationwide Seafood Value Addition Training Programmes Ahead of National Seafood Skill Olympiad

Seafood Expo Bharat 2026 to Bring Together 5,000 Global Stakeholders for Business and Technology Exchange

The Marine Products Export Development Authority (MPEDA), under the Ministry of Commerce & Industry, will organise the second edition of the National Seafood Skill Olympiad from July 1 to 3, 2026, as part of Seafood Expo Bharat (SEB) 2026. The Olympiad will bring together skilled seafood processing professionals from across the country to showcase their expertise in preparing value-added seafood products.

The competition aims to promote innovation, enhance quality standards, recognise industry talent, and strengthen workforce development in India's seafood processing sector, while encouraging greater value addition in marine exports.

As a precursor to the second edition of the Skill Olympiad, MPEDA conducted an extensive nationwide capacity-building programme comprising 50 Seafood Value Addition Training Programmes. More than 2,500 seafood processing workers and professionals were trained in the preparation of value-added marine products that are in high demand in international markets.

The training covered products such as breaded squid rings, Nobashi (stretched shrimp), breaded butterfly shrimp, cooked Peeled, Deveined, Tail-On (PDTO) shrimp, marinated shrimp skewers and fish fillets. Preliminary-level skill competitions were conducted following each training programme, and the best performers were shortlisted.

The competition subsequently progressed through State-Level Skill Olympiads conducted across the coastal states, followed by Regional Skill Olympiads held in Mumbai for the West Coast and Vijayawada for the East Coast. The top 10 performers from these regional competitions have qualified for the National Seafood Skill Olympiad Grand Finale.

During the Grand Finale, the finalists will demonstrate their technical expertise before an eminent jury comprising experts from the seafood processing industry and academia. The winners will be presented with medals, certificates and cash prizes of ₹1,00,000 for the first prize, ₹75,000 for the second prize, ₹50,000 for the third prize and ₹25,000 for the fourth prize (consolation).

The event will be attended by senior officials from the Central and State Governments, seafood exporters, international buyers, industry leaders, technical experts and delegates participating in Seafood Expo Bharat 2026.

The award-winning value-added seafood products prepared by the finalists will be showcased at the Skill Olympiad Pavilion. The pavilion will also feature live demonstrations and tasting sessions of export-oriented value-added seafood products developed through MPEDA's training programmes.

MPEDA Chairman Shri P. Jawahar said that the National Seafood Skill Olympiad reflects MPEDA's commitment to fostering excellence across the seafood value chain. He said that by recognising and promoting skilled professionals, the initiative is strengthening the industry's workforce and further enhancing India's position as a trusted global supplier of high-quality seafood.

He further stated that investment in human capital is essential for sustaining India's leadership in the blue economy and that the flagship initiative would help create a highly skilled workforce capable of meeting the evolving demands of international markets.

Seafood Expo Bharat 2026, India's premier international seafood exposition will feature more than 325 exhibition stalls across dedicated segments covering seafood processing, aquaculture, packaging machinery, logistics and government pavilions.

Over the three-day event, nearly 5,000 domestic and international stakeholders are expected to participate in high-level business-to-business meetings, engage with stakeholders across retail and aquaculture value chains, and attend five parallel technical sessions focusing on innovation, sustainability and emerging industry trends.

The exposition will also host major workforce and culinary events, including the National Seafood Skill Olympiad and the Seafood Culinary Olympiad, providing a comprehensive platform for industry stakeholders to expand business opportunities, promote innovation and forge strategic partnerships across the global seafood value chain.

India's seafood exports reached a record USD 8.45 billion during FY 2025-26, reaffirming the country's position as one of the world's leading seafood exporting nations. The country currently has 670 approved seafood processing units with a combined processing capacity exceeding 40,000 metric tonnes per day. Of these, 127 units manufacture value-added seafood products, contributing nearly 10 per cent (USD 0.84 billion) of India's total seafood exports.

Recognising the significant growth potential of the value-added seafood segment, India has set an ambitious target of increasing the share of value-added products to 25 per cent of total seafood exports by 2030.

To achieve this objective, MPEDA has been implementing a range of schemes and capacity-building initiatives to promote product innovation, strengthen processing and value addition infrastructure, develop a skilled workforce, and enhance awareness of quality standards across the seafood processing sector.

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