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    The Hidden Friction Points of Shipping from Canada to India
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July 8, 2026
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Customs clearance and real-time tracking shape efficient Canada to India parcel delivery across cross-border logistics.
Cross-border shipping from Canada to India depends on coordinated customs clearance, accurate documentation, first-mile access, strategic hub routing, and mature last-mile delivery networks. An improperly completed customs declaration or weak logistical planning may delay freight, while digital tools and direct hub connections improve efficiency and reduce transfers. Reliable parcel delivery also depends on clear pricing, compliance handling, and real-time tracking from warehouse scan to final delivery.
July 8, 2026
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Money laundering probe under PMLA leads to searches over disproportionate assets and alleged proceeds through business entities.
Enforcement Directorate conducted searches in Uttar Pradesh in a money laundering investigation under the Prevention of Money Laundering Act against a former Samajwadi Party MLA and linked persons. The probe arose from an FIR alleging disproportionate assets, and preliminary inquiry indicated laundering of proceeds of crime through companies and LLPs engaged in real estate, construction and other businesses.
July 8, 2026
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Merger approval under competition law for Malabar Group companies and Malabar Gold and Diamonds Limited in the jewellery sector.
Merger approval under competition law for the combination involving 51 Malabar Group companies and Malabar Gold and Diamonds Limited. The proposed transaction envisages the merger of 51 transferor companies with the transferee company, most of which are engaged in the jewellery business. The transferee company is engaged in manufacturing, trading, retailing, wholesaling, supplying, distributing, importing, exporting, buying, franchising and otherwise dealing in jewellery and allied products.
July 8, 2026
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Competition approval for acquisition and merger in the education sector involving Sorting Hat Technologies and upGrad Education.
Competition approval was granted for the proposed combination involving acquisition of certain shareholding in Sorting Hat Technologies Private Limited and its merger with and into upGrad Education Private Limited. The combination concerns two Indian private limited companies with presence in the education sector, including formal and non-formal education for the acquirer and non-formal education for the target.
July 7, 2026
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Aviation turbine fuel under GST sought to cut airline operating costs and improve financial viability.
Airlines have sought inclusion of aviation turbine fuel under the GST regime to reduce operating costs and ease financial pressure on Indian carriers. The request points to the present tax structure under which States levy excise duty and VAT on ATF, making fuel a major component of airline operating expenses. The industry body urges that ATF be brought under GST at 5 per cent with full Input Tax Credit, and asks the civil aviation ministry to support engagement with the relevant ministries and stakeholders.
July 7, 2026
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Alcohol and aquaculture feed pressure weigh on IFB Agro as excise issues, input costs and supply disruptions persist.
IFB Agro Industries reported improved consolidated revenue for FY26 but warned of continued pressure on its alcohol business from excess ENA capacity, higher input costs, weak by-product realisations and repeated excise duty increases affecting IML demand. The company also alleged intermittent disruption to distillery operations and interference by state excise authorities. Its aquaculture feed and marine businesses were said to face raw material inflation, pricing constraints, shrimp supply shortages, geopolitical freight disruptions and shipping delays.
July 7, 2026
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NPS investment flexibility expands as additional life cycle fund choices are extended to eligible Central Autonomous Body employees.
Additional NPS investment choices have been extended to employees of Central Autonomous Bodies covered under the National Pension System. The earlier notification introducing two life cycle funds for Central Government employees is now made available to eligible CAB employees under revised names and investment parameters. The choices provide greater flexibility in pension investment and are to be disseminated by administrative authorities and implemented in the Central Recordkeeping Agency system.
July 7, 2026
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Experiential dining expansion as TGI Fridays launches a flagship microbrewery concept in India through strategic franchise partnerships.
TGI Fridays expanded its India presence with the launch of a flagship outlet at Ambience Mall, Vasant Kunj, presented as the world's first TGI Fridays microbrewery. The concept combines the brand's American dining format with in-house craft brewing, handcrafted cocktails, live brewing and contemporary interiors, and is positioned as a differentiated experiential destination for the Indian market. The launch was executed through Bistro Hospitality Pvt. Ltd., the master franchisee for India, in partnership with Feastary Hospitality LLP, the exclusive franchise partner for North India.
July 7, 2026
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Investor fraud alerts warn against impersonation scams, fake trading groups and unverifiable investment offers using brand identity.
Investor advisory cautions against fraudulent entities and impersonation scams misusing the name, logo and brand identity of Axis Securities and Axis Direct to promote fake investment opportunities. Investors are advised to independently verify all investment-related communication, payment requests and offers through official channels before acting. Warning signs include unofficial groups, unauthorised stock tips, requests for transfers to personal or unverified accounts, unrealistic return promises, unfamiliar applications, confidential information requests and unverifiable documents or approvals.
July 7, 2026
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Export market access boosts women-led horticulture in Jharkhand through APEDA-facilitated Amrapali mango shipments to Dubai.
APEDA facilitated the commercial export of Amrapali mangoes from Jharkhand to Dubai through women-led Farmer Producer Companies, connecting tribal and rural producers with overseas retail markets. The export was supported by coordinated participation of APEDA, state and district administrations, exporters and development institutions, and was accompanied by capacity-building on international quality standards, post-harvest handling, export procedures and institutional awareness for export readiness.
July 7, 2026
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Risk-mitigation credit support under ECLGS 5.0 boosts liquidity for MSMEs and other businesses.
Emergency Credit Line Guarantee Scheme 5.0 provides risk-mitigation support to lending institutions for extending additional credit to businesses affected by external geopolitical disruption. The scheme offers 100% guarantee coverage for additional loans to MSMEs and 90% coverage for other business segments, with the objective of improving liquidity, easing cash-flow disruption, and enabling member lending institutions to lend with greater confidence. A nationwide outreach programme is also underway to improve awareness and support implementation.
July 7, 2026
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Responsible AI governance gains momentum as HCLTech secures ISO/IEC 42001:2023 certification for enterprise AI management.
HCLTech obtained ISO/IEC 42001:2023 certification for its Enterprise Artificial Intelligence Management System, covering AI lifecycle processes and AI-enabled services. The certification validates a Responsible AI framework focused on governance, risk management, transparency, fairness, accountability and continuous improvement, and is said to align with evolving global regulatory requirements, including the EU AI Act.
July 7, 2026
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Digital lending and electric vehicle financing drive Moongipa Capital Finance's strategic expansion and technology-led growth.
Moongipa Capital Finance Ltd., an RBI-registered NBFC-ICC, has announced a strategic expansion centred on digital transformation and entry into electric vehicle financing. The company is strengthening its lending model through a technology-enabled ecosystem intended to support faster credit decisions, paperless onboarding, workflow automation, loan origination, servicing, and customer engagement, while stating that underwriting, pricing, compliance, and credit approval remain its own responsibility in line with RBI Digital Lending Guidelines.
July 7, 2026
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Co-lending and financial inclusion can expand affordable credit, improve last-mile delivery and support underserved borrowers.
Co-lending between banks and NBFCs is presented as a mechanism for expanding affordable formal credit to underserved borrowers and advancing financial inclusion. The framework is said to combine banks' low-cost capital and balance-sheet strength with NBFCs' local market knowledge and last-mile distribution, improving access, speeding disbursement and reducing dependence on informal finance. The RBI's co-lending framework is described as providing clarity on governance, risk-sharing and customer protection.
July 7, 2026
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Leather and footwear exports urged to grow through FTAs, market diversification, stronger standards and sustainability.
Leather and footwear exporters are urged to pursue three-fold growth and raise exports to at least USD 15 billion by using Free Trade Agreements, diversifying destination markets and strengthening quality, design, branding, sustainability and scale. The sector is also encouraged to deepen institutional and technical capabilities through leather development centres, design and packaging institutions, quality and standards bodies, and advanced testing laboratories, while improving worker training, product standards, safe manufacturing and sustainability.
July 7, 2026
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Energy statistics harmonization advances with new methodologies for coal, biofuels, captive electricity and electric vehicle data gaps.
Strengthening India's energy statistics framework requires harmonized definitions, classifications, conversion factors and estimation methods across line ministries to improve consistency, comparability and international alignment. The committee recommended adoption of standard industrial and energy-product classifications, along with uniform conversion factors, for collection and dissemination of energy statistics, and proposed methodologies to refine sectoral end-use consumption estimates for coal and electricity using the Annual Survey of Industries database. The report further identified significant gaps in biofuel consumption data and in capturing electricity consumption through captive or off-grid modes and by electric vehicles. For these areas, it proposed initial methodological frameworks to be refined for incorporation into the energy-balance database.
July 7, 2026
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Bilingual online management education expands access while preserving academic rigour through structured learning and accountable evaluation.
IIM Udaipur virtually inaugurated its BBA Program as a bilingual, online-enabled management education initiative designed to widen access while maintaining academic rigour. The program combines digital delivery with offline examinations, faculty-led structured learning, regular assessment and scholarship support, and was presented as a model for accessible yet high-quality management education.
July 7, 2026
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Provident fund payment integration streamlines digital statutory compliance through EPFO portal transactions and instant challan confirmation.
IDFC FIRST Bank has been integrated with the Employees' Provident Fund Organisation platform to facilitate provident fund payments through its retail and corporate internet banking channels. The arrangement enables establishments to create challans on the EPFO portal, select the bank as payment option, complete transactions digitally, and obtain real-time confirmation and instant challan downloads for reconciliation and record-keeping.
July 6, 2026
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Bail in sexual harassment and forced conversion allegations turns on grave accusations, witness tampering risk, and coercion claims.
Bail proceedings arose from allegations of sexual harassment, deceitful sexual relations, caste-based abuse, and attempts to coerce religious conversion against employees connected with a TCS unit in Nashik. One accused was granted bail, another was denied bail on the ground that the accusations were grave and that the possibility of tampering with evidence, intimidating witnesses, or fleeing from justice could not be ruled out; a reasoned order on the woman accused's bail was not available in the text, though she had sought bail on the ground of pregnancy.
July 6, 2026
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Landing and parking charges waiver for domestic flights at major airports is reported to have lapsed without extension.
Landing and parking charges at major airports were reduced by 25 per cent for domestic flights for a three-month period under the civil aviation ministry's directive, implemented by AERA in response to West Asia turmoil and related airline financial stress. Airport operators have not received any extension order, and the reduced aeronautical tariff is reported to have lapsed.

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Customs & Trade

Tehran threatens to halt all Mideast energy exports after US reimposes its blockade on Iran

July 15, 2026

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Dubai, Jul 15 (AP) The US military reimposed a naval blockade on Iran and intensified its airstrike campaign early Wednesday, hitting an Iranian army barracks and killing at least seven troops while wounding 260 people across the country, Iranian officials said.

Days of retaliatory strikes across the Middle East by Iran and the US, and both nations' attempts to assert control over the Strait of Hormuz, threaten to push the region back to all-out war.

More than 30 people have been killed over “recent days,” Iranian government spokesperson Fatemeh Mohajerani said, without elaborating. Seven of the dead came from the attack on the barracks in Iran's southeastern Sistan and Baluchestan province.

The US first imposed the blockade in mid-April and then lifted it in mid-June, a day after signing the interim deal that set a 60-day period for negotiations over issues like Iran's nuclear program, but talks have stalled as fighting over the strait, through which a fifth of the world's oil and natural gas trade passes during peacetime, has intensified.

Iran's paramilitary Revolutionary Guard threatened on Wednesday to halt all energy exports from the Middle East over the blockade.

“The export of oil and gas from the region will be either for everyone or for no one,” it said.

When US President Donald Trump announced the return of the blockade on Monday, he also said he would impose a 20 per cent fee on ships passing through the strait. But he dropped the plan to collect fees hours before resuming the blockade, citing requests from allies in the Persian Gulf.

Both the US and Iran launched attacks as the blockade was reimposed -------------------------------------------------------------------------------- The US carried out another wave of strikes as it reimposed the blockade, striking dozens of targets over seven hours, the US military's Central Command said Wednesday.

Hossein Kermanpour, a spokesperson for the Health Ministry, gave Wednesday's casualty figure of over 260 people wounded, without specifying how many people had been killed. Kermanpour's figures reported far more people injured than in any other round of recent violence between Iran and the US.

One strike targeted a barracks for Iran's 388th Mechanised Infantry Brigade in Bampour in Sistan and Baluchestan province, Iranian state television reported. The report said the Americans fired at least 13 missiles in the attack and that the dead included conscripts and career soldiers. A number of other troops were wounded.

The army said it would make “a decisive response to this aggressive action by the American enemy,” state TV added.

The 388th operates battle tanks and armoured vehicles.

Missile alert warnings went out in Bahrain and Kuwait early Wednesday morning as they faced incoming Iranian fire, something that's been a daily occurrence, further straining a ceasefire in the war. Jordan also said it shot down three incoming Iranian missiles. Iran claimed attacks on the three nations.

US Navy Adm. Brad Cooper, who leads Central Command, said in a statement that Iran had launched dozens of missiles and drones at neighbouring Gulf Arab countries.

“US forces are holding Iran accountable for unwarranted aggression that continues to endanger innocent lives,” Cooper said.

When the US and Israel launched the war on Iran on Feb. 28, Tehran effectively shut the Strait of Hormuz by attacking and threatening ships. That sent the price of oil, fertiliser, and other goods soaring.

Iran has more recently attacked ships moving through the strait on a route near Oman overseen by the US military that is outside Tehran's control, setting off the recent violence. The US has threatened to reopen the strait by force — but experts say that would require a much bigger armada, if not tens of thousands of ground troops.

Iran's ambassador to the United Nations, Amir Saeid Iravani, criticised America's ongoing attacks targeting his country.

“The US is the aggressor, not the victim,” he wrote to the world body's leader, according to the state-run IRNA news agency.

Trump says he's seeking Gulf investments instead of fees ------------------------------------------------------------------ Trump said Tuesday that he was called by the region's “kings and emirs,” who suggested an alternate arrangement to charging ships fees to pass through the strait, as the president proposed a day earlier.

“They said we'd love to do it a different way. We'd love to invest in the United States with billions and billions of dollars,” Trump told reporters Tuesday in the Oval Office.

Trump said he preferred that arrangement to charging tolls “because I don't think anybody should be able to charge a fee for the strait.” It was unclear if the investment deals would be new commitments relative to what Trump announced after a visit last year to the Middle East.

Trump's plan to charge fees would have been a change to longstanding American policy and a departure from US promises that the strait would remain open to all without tolls.

Trump told Fox News Channel on Tuesday night that more US strikes against Iran were coming over the next two days and that bridges and power plants could be targets by next week unless negotiations resume. Already, the US has struck at least one bridge.

“You'd better make a deal, or you're not going to have anything left,” Trump warned.

The interim peace deal is in peril --------------------------------------- Under the interim deal, Iran agreed that passage through the strait would remain free of charge for 60 days — but the agreement left open what would happen after. Iran asserts it has the right to manage traffic and potentially charge fees. The US has disputed that.

The price for a barrel of Brent crude oil, the international standard, briefly topped USD 87 early Tuesday, still well below the nearly USD 120 reached at the height of the war. The price dipped to USD 78 in the aftermath of Trump's announcement that he had changed course, then went back up to USD 85 a barrel on Wednesday.

Regional mediators, meanwhile, are still trying to get the United States and Iran back to the negotiating table. (AP) SKS SKS

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