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    Dr S C Deb Homeo targets Rs 100 crore revenue by FY'31
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July 12, 2026
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Homoeopathic medicine expansion drives growth through capacity upgrade, export growth, new markets, and an ophthalmic division.
Homoeopathic medicine manufacturer Dr S C Deb Homeo Research Laboratory plans major capacity expansion, an ophthalmic division, stronger domestic presence and wider exports to support revenue growth. The company also intends to promote homoeopathy through research, public awareness, affordable medicines, and a proposed homoeopathic medical college and hospital.
July 12, 2026
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Duty-free market access and social security exemption under the India-UK trade pact benefit exporters and professionals.
India-UK free trade agreement to allow all Indian exports to enter the British market duty-free from July 15, benefiting exporters, farmers, fishermen, MSMEs and domestic industries. The pact also covers merchandise, goods and services, and is stated to strengthen trade and economic ties between India and the UK. It further includes a Double Contribution Convention exempting Indian professionals working in the UK for up to five years from British social security contributions, with savings directed to provident fund accounts in India.
July 12, 2026
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Regulatory oversight of airfares and securities relief in the Sahara OFCD matter set for Supreme Court hearing.
The Supreme Court is scheduled to hear a challenge by SEBI against a Securities Appellate Tribunal order granting relief to managers and the company secretary of Sahara India Commercial Corporation Ltd. in the OFCD matter. It is also scheduled to hear a plea seeking regulatory guidelines to curb unpredictable fluctuations in airfares and ancillary charges imposed by private airlines.
July 12, 2026
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SEBI jurisdiction over OFCD public offer remains central as the Supreme Court hears Sahara-linked challenge.
SEBI has challenged before the Supreme Court the part of the Securities Appellate Tribunal order granting relief to managers and the company secretary of Sahara India Commercial Corporation Ltd. The tribunal had held that the OFCDs issued by SICCL constituted a public offer within SEBI's jurisdiction, dismissed the company's and directors' appeals, and separately allowed the appeal of the officials on the ground that employees could not be held liable for the company's acts.
July 12, 2026
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Russian crude imports and refined-fuel trade shape India's role in global oil flows amid sanctions and exemptions.
India's imports of Russian crude oil rose to a record level in June, driven by higher deliveries to major Indian refineries, while Russia's crude export revenues declined because of weaker prices. The report also noted that India remained a significant channel in global trade flows of refined products made from Russian crude, including exports from Indian refineries to sanctioning jurisdictions, and that shipments refined from Russian crude continued to reach EU and UK ports under the reported trade conditions.
July 11, 2026
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Private aviation eases industrial cluster connectivity with direct access, flexible schedules, and secure business travel.
Private aviation is presented as a connectivity solution for India's industrial clusters and economic corridors, where many high-productivity zones lack regular commercial air access. The article highlights the operational difficulty caused by dependence on distant metro airports, inflexible airline schedules, multi-stage travel, and the absence of practical same-day return connectivity. Business aviation is described as enabling direct travel to nearby airstrips and remote airports serving industrial zones, with advantages said to include faster movement, time efficiency, schedule flexibility, and secure and confidential cabin space for sensitive discussions.
July 11, 2026
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Money laundering through recruitment scam proceeds allegedly funded hospitality businesses, flats and illegal municipal appointments.
Alleged proceeds of crime from a municipality recruitment scam were channelled into hospitality businesses and property acquisitions through cash sales, capital contributions, unsecured loans and shell-company borrowings. The Enforcement Directorate also alleged manipulation of municipal recruitment, illegal appointments in exchange for pecuniary gain, and abuse of position to regularise appointments without mandatory documents under applicable government guidelines, forming the second prosecution complaint under the Prevention of Money Laundering Act.
July 11, 2026
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Farmer-centric tractor manufacturing milestone as Sonalika highlights in-house production, automation, and global export growth.
Sonalika Tractors marked a production milestone by rolling out its 20 lakhth tractor from its integrated manufacturing plant at Hoshiarpur, while highlighting its 30-year growth from its first tractor in 1996 to a global export business serving more than 150 countries. The company attributed its expansion to farmer-centric product development, Indian engineering, in-house manufacturing capability, automation, robotics, and extensive testing standards aimed at performance, durability, and reliability.
July 11, 2026
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Tea sector support measures in Assam Budget aim to boost exports, cut costs, and strengthen worker welfare.
Assam Budget 2026-27 proposes tea sector support measures including export and production subsidies, tax relief for small tea growers, restoration of tax for larger assessees, lower VAT on piped natural gas, and welfare-linked spending for tea garden communities. The budget also strengthens incentives, healthcare, tea tourism and social infrastructure in tea garden areas.
July 11, 2026
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Identity theft in loan fraud rackets highlights misuse of Aadhaar, PAN and mule accounts to obtain fraudulent credit.
Cyber fraud syndicate allegedly obtained personal loans by misusing Aadhaar and PAN details, including by changing Aadhaar-linked mobile numbers without the victims' knowledge. Police investigation indicates the use of mule accounts to route fraud proceeds and shows misuse of documents of around 50 victims to obtain loans from private non-banking financial companies.
July 11, 2026
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Electronics export competitiveness gains focus as policy dialogue highlights stable frameworks, global value chains and export facilitation priorities.
Policy dialogue on strengthening India's electronics manufacturing and export competitiveness centred on the need for a stable and predictable framework to support export-oriented production, particularly in the context of global value chains. The consultation brought together government, industry and export promotion stakeholders to discuss balanced and actionable policy recommendations aimed at reinforcing India's position as a globally competitive electronics manufacturing and export hub. Key priority areas included greater integration of MSMEs into global value chains, harmonisation of HS Codes, closer coordination with Customs to reduce product misclassification and facilitate smoother exports.
July 11, 2026
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Cyber fraud intelligence exposes cross-border money laundering through mule accounts and cryptocurrency, prompting coordinated anti-money laundering enforcement action
Financial intelligence analysis of a large-scale cyber fraud uncovered a sophisticated money-laundering network involving approximately Rs.868 crore in proceeds, more than 5,000 mule bank accounts, and cross-border cryptocurrency transactions. Cross-border intelligence exchange helped trace the cryptocurrency movements and identify the international money-laundering trail. The analysis supported enforcement measures under the Prevention of Money Laundering Act, 2002, including searches, seizure of cash and cryptocurrency, attachment of assets, and filing of two prosecution complaints.
July 10, 2026
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Fresh apricot export logistics drive in Ladakh prioritises cold chain management, quality certification and timely farmer payments.
Ladakh administration prepared an export programme for fresh apricots, including the first overseas consignment to Dubai and broader access to other international markets. The initiative required coordinated procurement, grading, sorting, packaging, refrigeration, quality certification and transportation through farmer producer organisations, aggregators and a cooperative society, with dispatch scheduled through Delhi by special cargo aircraft. Officials were directed to ensure timely harvesting, uninterrupted cold chain management, quality standards, transparent payments and compliance with branding requirements.
July 10, 2026
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Ethanol-blended petrol programme drives forex savings, farm income support and cleaner fuel policy through expanded blending and feedstock use.
The ethanol-blended petrol programme has expanded ethanol use, supported the sugar economy and improved payments to farmers. It is said to have saved foreign exchange by substituting crude oil imports, reduced carbon emissions, and created new demand for surplus crops. Maize has emerged as a major feedstock, and flex-fuel vehicles and a wider fuel road map are described as part of the policy direction.
July 10, 2026
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Rupee gains on weaker dollar, softer crude and strong equity sentiment amid expectations of RBI support.
The rupee appreciated against the US dollar in interbank trade, supported by a weaker dollar index, easing crude oil prices, improved risk appetite in global markets and positive domestic equity sentiment. Market participants also noted that continued foreign portfolio inflows and buying by oil companies and importers influenced intraday movement, while traders expected the currency to trade within a defined near-term range.
July 10, 2026
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Poor fiscal management and legislative neglect draw opposition criticism over Maharashtra's budget, infrastructure, education, and power-sector concerns.
Opposition parties criticised the Maharashtra government for poor fiscal management, limited legislative discussion, and reliance on supplementary demands that they said exposed flaws in the original budget. They also alleged governance failures in infrastructure, education, temple administration, examinations, and the power sector, including issues linked to the Mumbai-Pune Expressway's Missing Link project, unpaid contractor dues, and schools lacking basic facilities.
July 10, 2026
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Foreign exchange reserves rise as higher currency assets, gold holdings and IMF-related balances lift India's reserve position.
India's foreign exchange reserves increased during the week ended 3 July 2026, according to the Reserve Bank of India, with higher foreign currency assets and gains in gold reserves contributing to the rise. Special drawing rights and the reserve position with the IMF also increased. The report notes that foreign currency assets are affected by valuation changes in non-US currencies, and refers to earlier reserve volatility linked to pressure on the rupee and RBI intervention through dollar sales.
July 10, 2026
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FCV tobacco marketing support reviewed with focus on procurement, exports, digital reforms and grower welfare.
Measures for the Andhra Pradesh Flue Cured Virginia (FCV) tobacco marketing season 2025-26 were reviewed in consultation with growers, manufacturers, exporters, dealers, trade associations and the Tobacco Board. The discussions focused on accelerating procurement, facilitating exports and strengthening the marketing ecosystem for FCV tobacco, while protecting growers' interests. The review also covered restructuring of the Tobacco Board, enhancement of the Growers' Welfare Fund, simplification of registration procedures, digital initiatives, AI-based grading, export market expansion and crop diversification.
July 10, 2026
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Equity market rally gains strength as IT earnings, easing crude prices and banking stocks lift sentiment across sectors.
Indian equity markets extended gains for a second straight session, closing higher on broad-based buying led by information technology, banking and realty stocks. Sentiment improved on easing crude oil prices, positive global cues, stability in the rupee and better-than-expected quarterly results from TCS, which lifted confidence in the IT sector and improved demand outlook. All sectoral indices ended in positive territory, while market breadth remained positive despite continued foreign institutional investor selling.
July 10, 2026
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Caller identification rules for 140 and 1600 series calls limit app-based blocking, while DND registry controls promotional call preferences.
Calls originating from the 1600 series are reserved for service and transaction communications by regulated entities and government entities, and tagging, blocking or filtering of such calls by apps is not permitted under the Telecom Commercial Communications Customer Preference Regulation. Calls beginning with the 140 series are meant for registered telemarketers, and customers may allow or block such promotional calls through the Do Not Disturb registry, including by using the TRAI DND App. App-based tagging or filtering of 140 series calls is not allowed.

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ESDS Software Solution Launches Swaraj Cloud: India’s AI-Autonomous Architect Cloud Platform

July 2, 2026

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ESDS Software Solution Limited launches Swaraj Cloud, India’s AI-autonomous architect cloud platform built, and operated entirely on Indian soil. Designed for the enterprises, banks, government bodies and regulated industries that cannot afford to keep building India’s digital future on infrastructure governed by foreign law, Swaraj Cloud delivers the compute power, AI capability and developer tooling of a global hyperscaler with a key foundational difference: servers, data, and decisions are designed to remain under Indian ownership and Indian legal jurisdiction.

Mumbai, India, 2nd July 2026: ESDS Software Solution Ltd., India's Sovereign End-to-End AI Ecosystem Provider, today announced the launch of Swaraj Cloud an AI-Autonomous Sovereign Cloud Platform built, operated entirely on Indian soil. Running on ESDS-owned physical infrastructure housed in Indian Data Centers and governed under Indian jurisdiction, Swaraj Cloud delivers enterprise-grade compute, AI, security and developer capabilities with 100% Indian data residency and minimal foreign infrastructure dependency.

The platform addresses a regulatory and operational gap that has grown more acute with the enforcement of the Digital Personal Data Protection (DPDP) Act 2023, MeitY's Cloud Selection Framework for government workloads and RBI cloud guidelines governing data residency in the banking sector. Indian enterprises in regulated industries banking, government, healthcare and public services have been required to meet increasingly stringent data sovereignty obligations while operating on infrastructure not subject to Indian legal jurisdiction. Swaraj Cloud is built to resolve that gap at the infrastructure level, not through contractual overlays or data processing agreements.

"India stands at the defining inflection point of its digital century. Over the last decade, India has built one of the world's largest Digital Public Infrastructure ecosystems, yet the foundation powering our digital economy continues to rely on foreign cloud platforms, foreign AI ecosystems, and imported compute. Today, over 70% of India's workloads continue to run on foreign infrastructure , resulting in significant economic outflows and strategic dependence on technologies beyond our control. The cost of inaction as a nation is reflected in geopolitical risks, compliance obligations and the increasing need for digital self-reliance.

It is this vision that inspired the creation of Swaraj Cloud - India's AI Autonomous Architect Cloud Platform, built in India, governed in India, and engineered for global scale. Purpose-built to deliver sovereign cloud capabilities through autonomous intelligence, hyper-scale architecture and AI-driven automation, Swaraj Cloud harnesses a comprehensive sovereign AI digital IT ecosystem that brings together 30+ services and 80+ integrated intelligent capabilities, enabling organizations to scale their digital transformation through a single, unified sovereign platform.

A defining capability of Swaraj Cloud is its Prompt-to-Production architecture , powered by an integrated Solution Generator that enables organizations to transform a business requirement into a production-ready live environment.

Built on five foundational pillars - AI Intelligence, Scalability, Security, Compliance and Data Sovereignty - Swaraj Cloud seamlessly unifies Cloud Service Provider (CSP) and Managed Service Provider (MSP) capabilities into a single sovereign ecosystem.

The path ahead for India lies unequivocally in Digital Sovereignty , where our data, cloud, AI, compute, cybersecurity and critical digital infrastructure are developed, governed and continuously innovated within India. This is a collective national responsibility and ESDS is committed to enabling this vision by delivering a sovereign end-to-end AI and IT ecosystem that empowers large enterprises, governments and BFSI institutions. Our purpose extends to enabling the AtmaNirbhar Bharat mission and building sovereign digital foundations through platforms like Swaraj Cloud that will enable India's Sovereign AI future and strengthen its leadership in the age of Artificial Intelligence"— Piyush Somani Promoter, Managing Director and Chairman ESDS Software Solution Ltd.

ESDS owns and operates the physical servers, storage and networks that Swaraj Cloud runs on. It is not a rebranded or resold foreign cloud service. Workloads processed on Swaraj Cloud are designed to remain within Indian borders, under Indian law, seeking to minimise foreign legal exposure on data.

Prompt to Production: Redefining How Cloud Infrastructure Is Built The defining capability of Swaraj Cloud at launch is its Prompt-to-Production Solution Generator, a deployment engine designed to be a distinctive offering among Indian cloud platforms. An enterprise describes its requirement in plain language or through a guided input wizard. Swaraj Cloud's AI layer translates that input into a validated cloud architecture, maps it against applicable compliance frameworks including BFSI regulatory requirements, generates a complete Bill of Materials with line-item INR pricing and auto-deploys the entire environment in a single, uninterrupted automated run.

The complete workflow runs across six automated stages: requirements input, architecture recommendation with a visual preview, Bill of Materials generation in INR, compliance mapping and validation, auto-deployment of all components in sequence and a live billing preview the moment the environment goes live. The enterprise sees the architecture before a single resource is provisioned. It sees the cost before a single rupee is charged. And it receives a fully operational, compliance-validated cloud environment without a single infrastructure configuration step performed manually.

For Indian enterprises where procurement cycles, infrastructure provisioning timelines and compliance validation have historically been multi-week exercises, Prompt-to-Production is designed to compress that journey into minutes. It is a highly differentiated capability of the platform at launch and a clear expression of Swaraj Cloud's AI-autonomous design philosophy.

"Every regulated enterprise in India has been navigating a difficult trade-off, capable cloud infrastructure that does not meet sovereignty requirements, or sovereign infrastructure that does not meet capability requirements. Swaraj Cloud is built to remove that trade-off. With Prompt-to-Production, built-in compliance monitoring, and a sovereign AI platform, enterprises now have a single platform that meets regulatory obligations and operational demands without compromise." Komal Somani, Whole-time Director, ESDS Software Solution Ltd.

Beyond the Solution Generator, Swaraj Cloud launches with a service portfolio spanning the full enterprise cloud stack. The Enlight AIOps platform provides GPU-enabled virtual machines for AI model training, managed Jupyter Notebooks, fine-tuning-as-a-service, automated MLOps pipelines, model governance, drift detection, built-in AI safety controls and a [library of 20+ pre-built industry models all running on Indian infrastructure. Infrastructure services include a multi-hypervisor IaaS platform with Software-Defined Networking, DDoS protection and elastic IP management; Managed Kubernetes Service; an OCI-compliant Container Registry with automated vulnerability scanning; and agentless VM backup with point-in-time restore. Security operations are supported by a built-in SIEM platform with MITRE ATT&CK threat categorisation and CERT-In breach notification integration. Compliance-as-a-Service is embedded natively into the platform providing continuous monitoring against PCI DSS, NIST and TSC (Trust Service Criteria) frameworks, automated compliance scoring across all provisioned resources and one-click audit evidence export. Billing is managed entirely in Indian Rupees, with real-time usage dashboards, resource-level cost breakdowns and an in-platform billing calculator. A cloud marketplace with one-click deployment and a developer platform with multi-language SDKs, CLI tooling and an interactive API documentation portal complete the launch offering.

Swaraj Cloud is available immediately to Indian enterprises across Government, PSU, BFSI and regulated sectors. The platform is MeitY-empanelled and DPDP Act-aligned. Enterprises can access the platform at www.esds.co.in/swaraj-cloud or by contacting ESDS at 1800-209-3006.

About ESDS Software Solution Ltd.

ESDS Software Solution Ltd. Is India's Sovereign End-to-End AI Ecosystem Provider headquartered in Nashik, Maharashtra. ESDS operates Tier III certified data centers and serves enterprises across Government, BFSI, Healthcare and regulated industries with cloud infrastructure, AI platforms, cybersecurity solutions and managed services. Swaraj Cloud is ESDS's sovereign enterprise cloud platform. For more information, visit www.esds.co.in.

Important Disclosure ESDS Software Solution Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a Draft Red Herring Prospectus (“DRHP”) with the Securities and Exchange Board of India (“SEBI”). The DRHP is available on the website of the Company at www.esds.co.in, the website of SEBI at www.sebi.gov.in, as well as on the websites of the Book Running Lead Manager, DAM Capital Advisors Limited, the website of the National Stock Exchange of India Limited at www.nseindia.com, and the website of BSE Limited at www.bseindia.com, respectively. Investors should note that investment in equity shares involves a high degree of risk. For details, potential investors should refer to the Red Herring Prospectus which may be filed with the Registrar of Companies, Maharashtra at Mumbai, in future, including the section titled “Risk Factors”. Potential investors should not rely on the DRHP filed with SEBI in making any investment decision.

(Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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