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    Amber Group eyes USD 2 bn revenue milestone soon; invests Rs 6,750 crore in UP projects
    Piyush Goyal and UK-India FTA Negotiation Teams Honoured at 10th Anniversary of IGF UK-India Awards
    UP International Trade Show to be held from Sep 25-29; Yogi asks Noida Authority to go fully online
    Best Atomberg Ceiling Fans for Bedrooms, Living Rooms, and Smart Homes in India in 2026
    APEDA Facilitates First Commercial Export of GI-Tagged Rewa Sundarja Mangoes from Madhya Pradesh to UAE
    Union Minister of Commerce and Industry Shri Piyush Goyal Announces Deployment of 1,000 Advisory Personnel Across India to Help Businesses Maximise In...
    Trump threatens 100 per cent tax on European imports if countries impose tax on digital services
    Two held for selling farmland using forged documents in Akola
    UP: Unnao student receives Income Tax summons for Rs 20.98 cr transactions
    CM Shivakumar warns excise officials against tarnishing govt image
    Uttarakhand exports five metric tonnes of rainbow trout to Nepal in first int'l shipment
    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
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    June 27, 2026
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    Manufacturing expansion and electronics growth drive Amber Group's near-term revenue target and major Uttar Pradesh investments.
    Amber Group expects to reach the USD 2 billion revenue level in the near term, supported by growth in consumer durables, electronics, railway and defence businesses. It is investing about Rs 6,785 crore in manufacturing projects at YEIDA, including a joint venture unit for HDI printed circuit boards, flexible printed circuit boards and semiconductor substrates, and an expanded air-conditioner and components complex. The projects aim at backward integration, localisation, domestic supply and eventual exports.
    June 27, 2026
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    UK-India FTA leadership recognised as awards celebrate trade, finance, education and social impact across the bilateral partnership.
    The UK-India Awards 2026 recognised individuals and institutions for contributions to the UK-India corridor and the broader bilateral partnership, including trade, finance, consulting, lifesciences, education, social impact and sports. The UK-India FTA negotiating teams and Piyush Goyal received the Exceptional Leadership in Elevating UK-India Ties award for advancing the historic UK-India Free Trade Agreement, while other honourees were recognised for sustained contributions to specific areas of the relationship.
    June 27, 2026
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    Digital governance and land allotment enforcement drive Uttar Pradesh's push for online services, investment promotion, and project monitoring.
    The Uttar Pradesh government set the fourth edition of the Uttar Pradesh International Trade Show for September 25 to 29 in Greater Noida, presenting it as a platform to showcase the state's manufacturing strength, attract foreign buyers and facilitate business-to-business and business-to-consumer engagement as well as export orders. The Chief Minister also directed the Noida Authority to move all services online, monitor projects through an Integrated Command and Control Centre, and take action against land allottees who have not developed allotted land within the stipulated period.
    June 27, 2026
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    Energy-efficient Atomberg ceiling fans combine BLDC technology with EMI purchase options and smart-home convenience features.
    Energy-efficient Atomberg ceiling fans are presented with BLDC motor technology and features such as remote control, timer functions, boost mode, app connectivity, voice control and integrated lighting. Purchase is promoted through Bajaj Finance partner stores and an Easy EMI Loan structure, subject to pre-approved eligibility, store availability and selected repayment tenure. The release also states that Bajaj Finance Limited is an RBI-registered deposit-taking NBFC engaged in lending and acceptance of deposits.
    June 27, 2026
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    Geographical Indication exports gain momentum as Rewa Sundarja Mangoes enter overseas markets through coordinated export facilitation.
    APEDA facilitated the first commercial export of GI-tagged Rewa Sundarja Mangoes from Madhya Pradesh to the United Arab Emirates through coordinated work with horticulture authorities, exporters, Farmer Producer Organisations, pack house operators and farmers. The consignment was sourced, graded, sorted, packaged and cleared under export-quality and phytosanitary requirements before shipment, and the initiative is described as strengthening the export potential of GI agricultural products and improving income realisation for growers in the Rewa region.
    June 27, 2026
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    India-UK CETA expands market access, eases professional mobility, and grants eligible professionals social security exemption.
    Deployment of 1,000 advisory personnel and upgradation of the trade portal are announced to help businesses maximise benefits under the forthcoming India-UK Comprehensive Economic Trade Agreement. The agreement is described as India's most comprehensive free trade agreement, expected to improve market access, competitiveness of Indian enterprises and mobility for professionals. For eligible Indian professionals in the United Kingdom, it provides a five-year exemption from social security contributions and allows the savings to be placed in interest-bearing, tax-free provident fund accounts in India.
    June 26, 2026
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    Tariff threat over digital services taxes escalates pressure on countries taxing American technology companies abroad.
    A threatened tariff response targets countries that impose digital services taxes on United States companies, with the stated aim of deterring foreign taxation of American technology businesses. The measure is described as applying broadly to imports from countries adopting such taxes and as overriding previously negotiated trade arrangements. The text also notes that digital services taxes remain a trade sticking point and that the issue has been examined through United States trade investigations.
    June 26, 2026
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    Forgery and cheating in farmland sale exposed after identity mismatch and failed fingerprint verification during registration.
    Forgery and cheating were alleged in a farmland sale where a person purportedly posed as the recorded owner using a forged Aadhaar card and false identity particulars. Fingerprint verification did not match UIDAI records during registration, but the process was completed with a thumb impression in ink and cheques were handed over. The buyer later discovered the mismatch, contacted the genuine owner, and learnt that the transaction was fraudulent.
    June 26, 2026
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    Identity document misuse linked to income tax summons raises allegations of fake business transactions and fraud.
    Income tax summons issued under Section 131(1A) concerned alleged income and business transactions linked to a Delhi-based firm said to have misused the student's Aadhaar and PAN cards. The student denied any knowledge of the firm or related transactions, stated that neither she nor her family had set up such a business, and said she had responded to the department while also filing a grievance and seeking a police investigation into the alleged fraud.
    June 26, 2026
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    Tax enforcement and departmental discipline dominate as Karnataka directs stronger anti-evasion checks, coordination, and action against fake invoicing.
    Karnataka's Chief Minister directed excise officials to maintain departmental dignity, act cautiously, and avoid conduct that could tarnish the government's image, while warning that transfers to other departments and legal changes may be considered if necessary. He also referred to the AIB system, e-auction of new licences, and instalment-based renewal payments. In the Commercial Taxes department, he stressed strict prevention of tax evasion, border-document checks, coordination with neighbouring states, and action against fake invoices, bogus companies, and false Input Tax Credit claims.
    June 26, 2026
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    Rainbow trout export drive boosts Uttarakhand's fisheries sector with cold-chain support, gap funding and new overseas market plans.
    Uttarakhand's fisheries sector has entered the international seafood market through its first commercial export of rainbow trout to Nepal, supported by state assistance to cooperative societies in Pithoragarh district. The consignment was moved through a cold-chain processing route, and the fisheries department provided gap funding for harvesting, packaging, and transport to facilitate the export. The state is now examining additional export markets in Europe, West Asia and South-East Asia.
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.

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      News and Press Release

      Press Note on release of the Report of the Expert Committee on Energy Statistics

      July 7, 2026

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      • MOSPI takes lead in harmonizing energy statistics database in consultation with energy ministries.
      • The key recommendations made by the Expert Committee on Energy Statistics are related to methodologies on contribution of Biofuels, filling up of demand and supply side data gaps especially captive power and consumption of electricity by EVs.

      The Ministry of Statistics and Programme Implementation (MoSPI) is releasing through this press note, the report of the Expert Committee on Energy Statistics.

      Energy plays a pivotal role in driving economic growth and supporting social development. The “Energy Statistics India”, an annual publication of the Ministry of Statistics and Programme Implementation (MoSPI) depicts the flow-of-energy at national level containing diverse tables, graphs and sustainable energy-Indicators following International Standards and guidelines. As India progresses towards its renewable energy targets and Net Zero aspirations, the need for a robust, comprehensive and harmonized energy statistics framework has become increasingly important to support evidence-based policymaking and facilitate effective monitoring of the ongoing energy transition.

      Recognizing this need, the MoSPI constituted an Expert Committee on Energy Statistics under the Chairmanship of Dr. Rangan Banerjee, Director, IIT-Delhi comprising senior level representatives from line energy-Ministries and domain experts from research institutions like The Energy Research Institute (TERI), Alliance for Energy Efficient Economy (AEEE) etc. The Committee undertook a comprehensive review of the “Energy Statistics India” publication and the energy-Statistics database of India, including its coverage, definitions, classification systems, data sources and estimation methodologies. Focused attention was paid to issues like meeting International Standards on Energy Statistics, addressing the major data-gaps and addressing the inconsistencies in energy-Statistics database of India across energy-Ministries.

      The Committee had several rounds of technical consultations and deliberations with line Ministries, agencies and subject experts before finalizing its recommendations. The major recommendations of the Committee have been summarized below;

      • The Committee recommended the adoption of the international standards in collection and dissemination of energy-Statistics in tabulation categories aligned with International Standard Industrial Classification (ISIC)Rev. 5, National Industrial Classification (NIC)-2025, Standards International Energy-product Classification (SIEC) etc. The Committee also urged for adaptation of uniform conversion factors by all the line energy-Ministries to ensure the inter-Ministerial consistency of the energy-Statistics produced by them.
      • The Committee recommended a methodology for refinement of sectoral end-use consumption of the Imported coal (which is around 20% of the total coal-consumption in India) and also the domestic coal routed via auction, clubbed under the miscellaneous category. The methodology makes use of Annual Survey of Industries (ASI) database which captures limited industry-wise consumption of Coal. The Committee also recommended the Bureau of Energy Efficiency (BEE) to develop and maintain a comprehensive database under Perform, Achieve and Trade (PAT) scheme.
      • The Committee recommended similar methodology for capturing and dissemination of the industry-wise end-use consumption of electricity in India by using Annual Survey of Industry (ASI) database.
      • In absence of a consolidated national level data, the United Nation Statistical Division (UNSD) in their annual publication of World Energy Balance estimates the consumption of the Bio-fuel of India to the tune of around 31-34% of the total annual energy-consumption of India; based on their own estimation. The Committee recommended a comprehensive methodology for addressing this important data-gaps for incorporating the component of Bio-fuel in the energy-Balance table of India.
      • The consumption of electricity via captive/off-grid mode and consumption of electricity by EVs in India are among the significant data-gaps in the energy domain which has been addressed under this report. The Committee recommended initial methodological framework for these, which needs further refinement by the users and researchers for suitable incorporation in the energy-Balance database of India.

      The report presents a detailed account of these deliberations along with actionable recommendations aimed at strengthening the methodological robustness, analytical usefulness and inter-agency consistency of India's energy statistics system. The recommendations are expected to support evidence-based policymaking, improve data quality and comparability, and facilitate better monitoring of India's evolving energy landscape.

      MoSPI emphasizes that effective implementation of the recommendations will require continued collaboration and coordination among all concerned Ministries and stakeholders to build a more integrated, reliable and internationally comparable energy statistics framework for the country.

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