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    Centre for Trade and Investment Law launches guidebook to help Indian MSMEs expand into global markets
    Brazil calls Trump's 25 pc tariff unjustifiable, vows to impose reciprocal tariffs
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    JK marks maiden export of premium cherries, plums to Singapore
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July 17, 2026
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Export readiness for MSMEs strengthens global market access through trade intelligence, standards compliance, preferential origin rules and trade remedy awareness.
Export readiness for Indian MSMEs is supported through practical guidance on identifying export opportunities, market-access requirements, trade intelligence tools, international standards, sustainability requirements and buyer identification. International expansion strategies include using preferential Rules of Origin and cooperation mechanisms under Free Trade Agreements, selecting export destinations, product positioning, diversification and value addition. Trade remedy awareness and guidance on unfair trade practices and import surges, together with institutional support, partnerships and trade-exhibition participation, can strengthen global competitiveness and integration into global value chains.
July 16, 2026
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Reciprocal tariff measures and multilateral dispute settlement are pursued in response to contested import duties.
Reciprocal tariff measures are proposed in response to a new tariff on specified Brazilian imports allegedly involving unfair trade practices. Brazil rejects those allegations and proposes to use its reciprocity-law mechanisms, including reciprocal tariffs and other trade-related countermeasures, while pursuing multilateral dispute settlement. It maintains that trade investigations must conform to multilateral international-trade rules and notes that the tariff may burden exports and increase commercial uncertainty.
July 16, 2026
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Section 301 tariff authority offers a procedurally constrained route to replace temporary global import tariffs after emergency powers failed.
Import-tariff authority is shifting from emergency-based measures to temporary and investigatory powers under the Trade Act of 1974. Section 122 supports a global tariff measure only for a limited period, whereas Section 301 permits tariffs or trade sanctions for unjustifiable, unreasonable, or discriminatory foreign trade practices after required public-comment and hearing procedures. Current Section 301 investigations concern forced-labour imports and alleged overproduction by trading partners. A more rule-bound tariff framework may reduce, but not eliminate, commercial uncertainty, and broad use of Section 301 for near-universal tariffs may face legal challenge.
July 16, 2026
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International food-safety and phytosanitary compliance supports premium cherry and plum exports from Jammu and Kashmir to Singapore.
Export of premium cherries and plums from Jammu and Kashmir to Singapore was facilitated to expand overseas market access for temperate fruits. The produce underwent scientific cultivation, optimum-maturity harvesting, grading, sorting, packing and cold-chain handling in compliance with international food-safety and phytosanitary standards. The initiative highlights quality enhancement, market development, logistics, export-oriented production and improved post-harvest management for horticultural exports.
July 16, 2026
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Electricity bill recovery and prepaid departmental billing are presented alongside independent tariff regulation and rooftop solar promotion.
Electricity-payment arrears were reported against government departments and non-government consumers. Tariffs are determined independently by the State Electricity Regulatory Commission on factors including power-purchase costs, regulatory assets, the distribution company's financial position and public hearings. Recovery from non-government consumers is undertaken under the Electricity Supply Code, while a pre-paid billing system is being implemented for government departments to improve payment compliance. Rooftop solar installations are also being promoted to reduce household electricity bills.
July 16, 2026
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Rupee depreciation pressures intensify as elevated crude prices, foreign capital outflows and geopolitical tensions weigh on exchange markets.
The rupee weakened for a fourth consecutive session amid elevated crude oil prices, a stronger dollar index and foreign capital outflows, with rising oil import costs adding to balance-of-payments pressures. Reserve Bank of India data showed an overall balance-of-payments deficit during the first two months of the fiscal year, although the current account recorded a surplus for April-May 2026. Geopolitical tensions and Strait of Hormuz risks were cited as supporting high crude prices, while possible Reserve Bank intervention could support the rupee.
July 16, 2026
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Zero-duty India-UK trade under CETA begins with jewellery and coffee consignments, supported by exporter compliance guidance.
India-UK CETA introduced a low- or zero-tariff regime covering about 99 per cent of tariff lines for Indian exports to the United Kingdom. Initial zero-duty jewellery and coffee consignments reached the UK under the agreement. CETA is intended to improve market competitiveness, strengthen supply chains and support businesses, exporters, importers and investors. A dedicated facilitation forum and a guide to UK import standards and regulatory requirements support Indian exporters, particularly small and medium enterprises, in navigating the post-CETA trading regime.
July 16, 2026
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Foreign investor tax exemptions on government securities are proposed to continue, supporting sovereign debt market liquidity and capital inflows.
Income-tax exemption for foreign investors in government securities is proposed to continue through the Income-tax (Amendment) Bill, 2026, replacing the corresponding ordinance. The ordinance exempted interest income and capital gains from the sale, exchange or transfer of government securities by foreign investors, effective from 1 April. The measure seeks to attract foreign capital, deepen the sovereign debt market and improve liquidity amid global economic volatility. The legislative agenda also includes MSME reforms concerning delayed-payment redressal, enforcement of arbitral awards and State flexibility in constituting facilitation councils.
July 16, 2026
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Foreign asset reporting requires complete Schedule FA and Schedule FSI disclosures despite limited information displayed in the Annual Information Statement.
Annual Information Statement records for eligible taxpayers include foreign assets and foreign-source income information received through the Automatic Exchange of Information framework. The information is intended to facilitate accurate tax compliance and is not a scrutiny or investigation mechanism. As the displayed data is limited to information received from partner jurisdictions and is not exhaustive, taxpayers must correctly and completely disclose all foreign assets and foreign-source income in Schedule FA and Schedule FSI, whether or not such information appears in the Annual Information Statement.
July 16, 2026
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Donation management safeguards require transparent accounting, secure precious-metal handling, audits and adherence to prescribed banking and statutory norms.
Donation-management governance at the Vaishno Devi shrine was reviewed with emphasis on transparency, accountability and compliance with standard operating procedures. The review covered collection, counting, accounting, custody and utilisation of offerings, supported by verification procedures, surveillance, banking safeguards and periodic audits. Security protocols also govern the handling, storage, transportation, processing and refining of precious-metal offerings. The review took place amid a pending complaint alleging irregularities in silver offerings, with complete records sought regarding action taken.
July 16, 2026
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EPFO-integrated provident fund payments streamline statutory compliance through digital banking, with real-time confirmations and instant challan downloads for businesses.
EPFO-integrated provident fund payment service enables business customers to initiate statutory PF payments through the EPFO portal and complete transactions using the bank's internet banking platform. Real-time transaction confirmations and instant challan downloads support faster processing, cash-flow management and timely compliance with EPFO payment requirements.
July 16, 2026
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Privileged access governance and explainable security monitoring support auditable, sovereign enterprise cybersecurity across private and air-gapped deployments.
Swaraj Nandi provides privileged-access management through credential vaulting, automated rotation, Zero-Trust approvals, multi-factor authentication, session recording and audit reporting. Swaraj Hansa provides AI-assisted security information and event management by collecting, correlating and triaging security signals with explainable alerts and human-owned decisions. Both platforms support on-premise, private-cloud and relevant air-gapped deployment models, and their compliance architecture is mapped to the RBI IT Framework, SEBI CSCRF, DPDP Act, PCI-DSS, ISO 27001 and NIST CSF.
July 16, 2026
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Money-laundering investigation targets alleged foreign-funded network facilitating illegal infiltration, forged identity documents and economic rehabilitation of immigrants.
A money-laundering investigation examined an alleged syndicate facilitating illegal infiltration, forged Indian identity documents and settlement of Bangladeshi nationals and Rohingyas. Investigators alleged that public charitable trusts receiving foreign contributions channelled funds through multiple bank accounts, mule accounts and layered transactions to support economic rehabilitation through cash assistance, employment and income-generating arrangements. Searches were conducted under the Prevention of Money Laundering Act.
July 16, 2026
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Money-laundering investigation examines alleged foreign-funded networks supporting illegal infiltration, forged documents, and economic settlement of migrants.
A money-laundering investigation concerns an alleged network facilitating illegal entry and settlement of Bangladeshi and Rohingya nationals. The alleged scheme involved forged identity and travel documents, charitable trusts receiving overseas contributions, and diversion of funds through bank accounts, mule accounts and layered transactions. Suspected fund use included settlement support, documentation, employment, cash assistance and income-generating assets. Searches examined the alleged infiltration, documentation and financial-support network.
July 16, 2026
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Agentic AI innovation centre enables consumer businesses to co-create, test and scale enterprise AI solutions across operational functions.
TCS launched a Gemini Experience Centre in Kolkata with Google Cloud to enable consumer businesses to co-create, test and scale AI-led solutions. The centre showcases agentic AI applications for store operations, supply-chain management, omni-channel retail and customer service, serving retail, consumer packaged goods, travel, tourism and hospitality enterprises. The initiative uses Gemini Enterprise-based industry- and context-aware AI agents and seeks to accelerate agentic AI adoption and support movement from AI pilots to enterprise-scale deployment.
July 16, 2026
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Cost Inflation Index enables inflation-adjusted long-term capital gains calculations through indexed acquisition cost for eligible capital asset transfers.
The Cost Inflation Index for financial year 2026-27 is 384 for computing inflation-adjusted long-term capital gains on transfers of capital assets, including immovable property, securities and jewellery. It is used to determine indexed cost of acquisition by adjusting purchase cost for inflation. Long-term classification generally requires holding exceeding 36 months, with stated periods of 24 months for immovable property and unlisted shares and 12 months for listed securities.
July 16, 2026
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India-EU industrial and technology cooperation advances through trade facilitation, resilient supply chains, digital innovation and expanded market access.
India-EU industrial and technology cooperation was advanced through engagements addressing industrial collaboration, technology partnerships, bilateral trade opportunities and business-to-business cooperation. Discussions covered trade facilitation, investment flows, supply-chain resilience, digital innovation, competitiveness and regulatory challenges. The interactions emphasised industry-led growth, greater market access for Indian enterprises and innovation-driven partnerships under the Trade and Technology Council framework.
July 16, 2026
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Preferential India-UK trade framework introduces broad zero-duty export access, self-certified origin documentation, and social-security contribution relief for temporary professionals.
India-United Kingdom CETA entered into force with preferential tariff treatment, including zero-duty access in the United Kingdom for nearly 99 per cent of India's exports. The Agreement covers goods, services and cooperation in customs, digital trade, financial services, telecommunications, intellectual property and professional services. The associated Agreement on Social Security exempts Indian professionals on temporary United Kingdom assignments from double social-security contributions for up to five years. Rules of Origin certification was operationalised through self-certified Certificates of Origin issued on the eCoO 2.0 platform.
July 16, 2026
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Labour market indicators showed stable overall participation, employment and unemployment, with marginal urban improvement and softer rural unemployment.
Monthly labour-market estimates for persons aged 15 years and above, compiled under the Current Weekly Status approach, show stable overall labour-force participation, worker population ratio and unemployment rate in June 2026. Urban labour-force participation and worker population ratio improved marginally, while rural participation and employment remained stable. Female labour-force participation was broadly stable month-on-month. Rural unemployment eased slightly, urban unemployment rose marginally from the preceding month, and urban unemployment declined on a year-on-year basis.
July 16, 2026
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Competition clearance governs full acquisition of a data-centre provider alongside co-investor economic interests in the transaction.
Competition approval concerns Opal Bidco Pte. Ltd.'s acquisition of the entire shareholding in STT GDC Pte. Ltd., a data-centre provider. The transaction also provides for specified co-investors to acquire economic interests in STT GDC on a see-through basis. STT GDC operates in India through an indirect subsidiary and is among multiple data-centre participants active in India.

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Explore Touristhub Holidays LLP Honoured by Saina Nehwal at Business Excellence India Awards 2026

July 14, 2026

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Kolkata, April 10, 2026: Explore Touristhub Holidays LLP, one of India's rapidly growing travel companies, has been honoured with the prestigious "Leading Travel Agency for Memorable Holiday Experiences" award at the Business Excellence India Awards 2026. The award recognizes the company's unwavering commitment to delivering exceptional travel experiences, personalized holiday planning, and outstanding customer satisfaction. The award was presented by Saina Nehwal, India's Olympic medalist and badminton icon, during the grand awards ceremony held at Hotel Taj Taal Kutir, Eco Park, Kolkata, on 10th April 2026.
Organized by PrestigeSphere PR, the Business Excellence India Awards 2026 celebrated outstanding entrepreneurs, organizations, and professionals from diverse industries who have demonstrated excellence, innovation, and leadership in their respective fields. The prestigious event witnessed the gracious presence of Chief Celebrity Guest Saina Nehwal, whose inspiring journey has motivated millions across the country. The evening was further enriched by the presence of Guest of Honour Ena Saha, acclaimed actress and producer, along with Honorary Guests Dr. Basant Goel, Founder of GOEL Medicos and popularly known as the Blood Man of India, and Former Judge Mr. Ashok Kumar Patnaik. The event was proudly powered by Title Sponsor Epoxy Master, Co Sponsor SpinCare Laundry, and Associate Sponsors Bodacious Unisex Salon and GOEL Medicos, with support from leading media and event partners including 24 Hrs TV, 91.9 Friends FM, TV 19 Network, Yuva Shakti, Progift, Eventmas, Lemon Car, Police Public Press, and Taj Taal Kutir.


Over the years, Explore Touristhub Holidays LLP has established itself as a trusted name in India's travel and tourism industry by creating memorable journeys for individuals, families, corporate organizations, educational institutions, and travel enthusiasts. With a strong focus on customer satisfaction and personalized service, the company offers a comprehensive portfolio of travel solutions including domestic and international leisure holidays, corporate travel management, MICE (Meetings, Incentives, Conferences and Exhibitions), educational tours, group departures, honeymoon packages, pilgrimage tours, and fully customized holiday experiences.


What distinguishes Explore Touristhub Holidays LLP is its commitment to understanding every traveler's unique aspirations and transforming them into unforgettable experiences. Whether it is the pristine beaches of Lakshadweep, the breathtaking Himalayas, vibrant cultural destinations across India, or luxurious international vacations, the company carefully designs every itinerary with attention to detail, quality hospitality, safety, and seamless execution. Their experienced travel professionals work closely with clients to deliver hassle-free travel planning, competitive pricing, reliable support, and memorable experiences from the beginning of the journey until the traveler returns home.


Driven by innovation and a customer-first philosophy, the company continues to embrace evolving travel trends while maintaining high standards of professionalism and service excellence. Through its dedication, Explore Touristhub Holidays LLP has earned the confidence of thousands of satisfied travelers, corporate clients, and business partners across the country. Its growing reputation reflects its passion for making every holiday not just a trip, but a cherished lifetime memory.


The jury at the Business Excellence India Awards 2026 selected Explore Touristhub Holidays LLP for its consistent excellence in delivering exceptional holiday experiences, customer-centric travel solutions, innovation in itinerary planning, and remarkable contribution to India's travel and tourism sector. The recognition further highlights the company's ability to create meaningful travel experiences while maintaining the highest standards of quality, reliability, and service.


Receiving this prestigious honour marks another significant milestone in the company's journey and serves as a testament to the dedication of its leadership and entire team. The award reinforces Explore Touristhub Holidays LLP's commitment to continuously raising industry standards and inspiring confidence among travelers seeking memorable and hassle-free holiday experiences.


About PrestigeSphere PR
PrestigeSphere PR is one of India's leading public relations and business recognition organizations, committed to celebrating excellence across industries. Through the Business Excellence India Awards, PrestigeSphere PR recognizes visionary entrepreneurs, innovative businesses, and outstanding professionals who are creating meaningful impact and contributing to India's economic growth while inspiring the next generation of business leaders.


To know more about Explore Touristhub Holidays LLP and explore their travel experiences, visit: https://www.touristhubindia.com/
(Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

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