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    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
    Explained: What establishes citizenship in India?
    Govt restores commercial LPG supplies as West Asia crisis pressures ease
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    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
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    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
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    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
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    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.
    June 25, 2026
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    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.

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      Customs, DGFT & SEZ

      Department of Commerce, Ministry of AYUSH and AYUSHEXCIL Convene Government Industry Brainstorming Session

      July 2, 2026

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      Stakeholders Deliberate on Strategies to Enhance Global Competitiveness of AYUSH Sector

      The Department of Commerce, Ministry of Commerce & Industry, in collaboration with the Ministry of AYUSH and the AYUSH Export Promotion Council (AYUSHEXCIL), organised a Government–Industry Brainstorming Session on the AYUSH sector at Vanijya Bhawan, New Delhi on 1st July 2026.

      Held under the theme "Strengthening India's Global Leadership in Traditional Wellness: Innovation, Quality, Exports and International Collaboration in the AYUSH Sector", the session brought together over 150 participants, including senior Government officials, exporters, manufacturers, MSMEs, startups, researchers, representatives of industry associations, State Licensing Authorities and other stakeholders, to deliberate on the roadmap for strengthening India's global leadership in the AYUSH sector.

      The brainstorming session featured extensive deliberations on opportunities arising from India's Free Trade Agreements, global branding of AYUSH, export facilitation measures, quality standards and WHO-GMP compliance, Ayush Quality Mark, scientific validation, innovation, medical value travel, wellness services, and strategies for addressing regulatory and market access challenges. Representatives from the Government, industry, research institutions and the private sector exchanged views and shared practical recommendations to strengthen the global competitiveness of Indian AYUSH products and services.

      Delivering the special address, Member of Parliament and Chairman, AYUSHEXCIL, Dr. Anurag Sharma, highlighted the growing global acceptance of traditional medicine and emphasised that India is well positioned to emerge as a trusted global hub for holistic healthcare. He called for closer collaboration among the Government, industry and research institutions to strengthen scientific validation, quality assurance, innovation and global branding, while highlighting AYUSHEXCIL's role in supporting exporters through market development, capacity building and international outreach programmes.

      Delivering the keynote address, Secretary, Department of Commerce, Shri Rajesh Agrawal, reaffirmed the Department's commitment to supporting the AYUSH sector as a high-potential sunrise export sector. He observed that the objective is not merely to increase exports but to build globally competitive Indian AYUSH brands. Highlighting the opportunities arising from India's expanding network of Free Trade Agreements, he encouraged industry to focus on innovation, branding, value addition and quality. He underlined the important role of intermediaries, trade facilitators and other ecosystem partners in connecting Indian AYUSH products with global markets and encouraged entrepreneurs and exporters to share their success stories more widely to inspire greater participation and accelerate the sector's growth. He reiterated that the Department would continue stakeholder outreach, awareness programmes and capacity-building initiatives in collaboration with AYUSHEXCIL to support the sector's global expansion.

      Addressing the session, Secretary, Ministry of AYUSH, Vaidya Rajesh Kotecha, emphasised the need to accelerate the implementation of flagship initiatives such as Ayush Mark and Ayurveda Aahar to strengthen quality assurance, branding and the global competitiveness of Indian AYUSH products and services. He called upon industry stakeholders to capitalise on the growing global interest in Ayurveda and other traditional systems of medicine by enhancing product quality, packaging, branding and international market readiness. Stressing the importance of continuous dialogue between the Government and industry, he urged stakeholders to actively leverage Government initiatives and highlighted the need for greater capacity building, particularly for exporters and MSMEs. He also highlighted ongoing efforts to align Indian standards with international benchmarks through collaboration with national and international standard-setting bodies to facilitate wider global acceptance of AYUSH products.

      The session concluded with an interactive open-house discussion during which exporters, manufacturers, MSMEs, startups and other stakeholders shared suggestions on improving market access, regulatory facilitation, ease of doing business, innovation, branding and international collaboration.
      The recommendations emerging from the brainstorming session will provide valuable inputs for future policy interventions, export promotion initiatives and collaborative efforts of the Department of Commerce, the Ministry of AYUSH and AYUSHEXCIL to strengthen Brand India AYUSH and further enhance India's leadership in the global traditional wellness ecosystem

       

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