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June 24, 2026
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Bilateral trade agreement talks advance as India and the United States review progress and seek to deepen economic partnership.
India and the United States concluded ministerial-level talks on the proposed first phase of the bilateral trade agreement, reviewing progress in ongoing trade negotiations and exploring avenues to deepen economic partnership. The talks were conducted within a time-sensitive schedule, with both sides seeking to finalise the first phase before the expiry of temporary tariffs imposed by the United States.
June 24, 2026
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Districts as Export Hubs initiative identifies turmeric and garlic as key export products, highlighting value addition and export promotion.
Turmeric and garlic were identified as the district's key export products under the Districts as Export Hubs initiative after review of export potential, agro-climatic suitability and market prospects. The District Export Promotion Committee considered the District Export Action Plan under the Foreign Trade Policy 2023 and noted that processing, packaging, branding and marketing could support value addition, improve farmers' income and expand export opportunities for local producers.
June 24, 2026
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Gold loan valuation and eligibility rules shape secured borrowing against pledged jewellery, coins, and ornaments.
Gold loans are secured loans against pledged gold jewellery, ornaments or coins, with the loan amount determined by the gold's weight, purity, prevailing rate and the lender's loan-to-value ratio. Eligibility is described as simple, with Indian citizens aged 21 to 80 able to apply, while gold of 18 to 22 karat purity, and gold coins up to 24 karat purity, is accepted. Valuation excludes decorative elements and uses the lower of the previous day's closing price and the 30-day average closing price from the relevant market source.
June 24, 2026
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Digital governance and trader welfare drive stakeholder participation, trade facilitation, export promotion and compliance simplification discussions.
The National Traders' Welfare Board held its 10th meeting in hybrid mode to strengthen stakeholder participation, digital governance and trader welfare measures. The Board reviewed trade facilitation initiatives, including the Rajasthan Trade Promotion Policy and DigiDukaan, and discussed issues such as GST rationalisation, compliance simplification, export promotion, logistics, digital commerce, access to credit, social security, licensing, dispute resolution and Centre-State coordination.
June 24, 2026
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Bilateral trade negotiations near an interim pact as tariff changes reshape market access, tariff concessions, and trade commitments.
Bilateral trade negotiations between India and the United States were reported to be nearing an interim trade pact aimed at reciprocal and mutually beneficial market access, with both sides seeking to conclude the first phase of the Bilateral Trade Agreement. The framework was affected by the temporary 10 per cent tariff imposed under Section 122 of the Trade Act and by a court ruling that altered the earlier tariff landscape, prompting both sides to revisit tariff reductions, market-access concessions, and related commitments. The article also noted wider trade engagement, including Section 301 investigations, energy cooperation, and proposed Indian purchases of United States goods.
June 23, 2026
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Fertiliser supply and MSP procurement demands shape Telangana's appeal for full seasonal support and better farm returns.
Telangana sought adequate fertiliser supplies for the kharif season, saying demand for DAP and urea had risen and asking the Centre to bridge the gap between quota and actual supply so the state receives its full requirement. The state also urged removal of the 25 per cent procurement limit for pulses and oilseeds at minimum support price, MSP procurement for maize and sorghum, and a higher import duty on crude palm oil to protect oil palm farmers from falling domestic prices.
June 23, 2026
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Foreign exchange law scrutiny over alleged benami share transactions, suspicious gold imports, and undeclared overseas investments.
Foreign exchange law scrutiny was initiated through searches at multiple premises linked to a gold refining and jewellery manufacturing company on the basis of suspected contraventions under FEMA. The enquiry concerns alleged multiple transactions in the company's shares through benamidars, possible siphoning of foreign exchange out of the country, a reported mismatch between declared and recorded gold inventory, and the use of purportedly fictitious gold imports and suspicious deliveries to set off trade receivables and payables. The investigation also extends to alleged investments in African gold mines that were not reflected in the books of subsidiary companies, and to dealings with foreign entities described as dubious in character.
June 23, 2026
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Bilateral trade agreement talks advance as India and the United States recalibrate tariff commitments and market access terms.
India and the United States held high-level trade talks to recalibrate a proposed bilateral trade agreement after changes in US tariff policy altered the earlier negotiating framework. The discussions focused on securing preferential tariff treatment, preserving market access, and giving final shape to the first phase of the Bilateral Trade Agreement, while addressing uncertainty created by the temporary tariff regime and its expiry timeline.
June 23, 2026
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Competition approval for share acquisition in data centre colocation services company through primary equity subscription.
Approval was granted for the acquisition of certain shareholding in Nxtra Data Limited by Alpha Wave Ventures II, LP through primary subscription of equity shares. The acquirer is a private equity fund managed by Alpha Wave Ventures GP, a joint venture between Alpha Wave Global and Lunate Holding RSC Ltd.
June 23, 2026
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Competition Commission approval for acquisition of voting interest in Astemo reflects corporate combination oversight and sector presence in India.
Competition Commission of India approval was granted for the acquisition of a 21% voting interest in Astemo, Ltd. by Honda Motor Co., Ltd. from Hitachi, Ltd. The proposed combination concerns Honda, a Japanese joint stock corporation and flagship company of the Honda Group, and Astemo, Ltd., a Japanese company jointly controlled by Honda, Hitachi, and JICC-01 Investment Business Limited Partnership. Both parties have business presence in India through automobile and two-wheeler manufacturing, automotive components, power products, and related research and development.
June 23, 2026
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Investor education and protection drive unclaimed asset recovery through awareness, streamlined claims, and coordinated financial inclusion efforts.
Investor education and protection initiatives were advanced through a panel discussion on "Aapki Poonji Aapka Adhikaar - Learning and Way Forward" and the launch of the book "Claiming the Unclaimed: Unlocking the Potential of Idle Financial Assets in India." The discussion focused on strengthening investor rights, improving awareness about unclaimed assets, streamlining claim processes, and promoting coordinated efforts among regulators, financial institutions, investor protection agencies, policymakers, and experts to support financial inclusion. IEPFA's agenda emphasised simplification of claim settlement, expansion of digital platforms, and wider investor awareness campaigns to help investors and their families reclaim rightful assets.
June 23, 2026
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Revenue audit compliance gaps expose unrealised liquor and transport collections, permit breaches, and enforcement failures.
Revenue audit findings on Kerala's liquor and transport sectors highlight significant arrears, compliance gaps and unrealised collections across excise, vehicle tax, transport regulation and related receipts. In the liquor sector, the audit notes unrecovered losses from shortage of Extra Neutral Alcohol, transit permit discrepancies for imported liquor suggesting possible diversion, and assessment lapses resulting in short levy or non-levy of taxes. In the transport sector, it points to non-functional testing infrastructure, vehicles operating with expired certificates, unlicensed aggregators, and permit violations leading to unrecovered fees and penalties.
June 23, 2026
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Foreign exchange and securities scrutiny deepens as searches target Rajesh Exports over alleged financial irregularities.
Enforcement action under the Foreign Exchange Management Act was reported against Rajesh Exports after market regulator scrutiny over alleged financial irregularities. Searches were conducted at premises linked to the company in Bengaluru and Mumbai. The scrutiny concerns an interim regulatory order alleging inflated consolidated revenues through overseas subsidiaries, particularly Valcambi SA in Switzerland. The regulator also restrained the company's Chairman and Managing Director from dealing in the company's securities until further orders.
June 23, 2026
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MSME credit access expands through digital lending, guarantee cover, and collateral-free finance measures.
Priority sector lending, collateral-free lending, guarantee cover, receivables discounting, simplified working capital norms, NBFC on-lending and co-lending recognition, the Account Aggregator framework, and restriction on pre-payment charges are described as measures expanding formal credit access for MSMEs. The remarks also note structured engagement through MSME town halls, capacity-building of bankers, and empowered committees to review MSME financing, stressed accounts, credit linkage, and credit application pendency. The Unified Lending Interface is presented as a consent-based digital mechanism for faster MSME credit assessment.
June 23, 2026
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Regional partnership between Gujarat and the West Midlands advances through UK-India Week's focus on investment, innovation and growth.
UK-India Week 2026 opened in the West Midlands through the IGF Smarter Regions Forum, focused on advancing the emerging regional partnership between Gujarat and the West Midlands. The programme is designed to convert UK-India engagement into practical collaboration across investment, innovation, skills, advanced manufacturing, clean energy, life sciences and regional growth, with discussions centred on strengthening a regional growth corridor through deeper cooperation in industry, trade-related collaboration, capital flows and technology partnerships.
June 23, 2026
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Pharmaceutical supply chain dependence drives calls for diversification, regulatory transparency and stronger innovation ecosystems in India.
India's pharmaceutical supply chain remains heavily dependent on Chinese imports for critical active pharmaceutical ingredients, key starting materials and intermediates. Rising environmental compliance requirements have increased manufacturing and research and development costs, while weak innovation and a limited commercialisation ecosystem create uncertainty for innovators and long-term investment. The report calls for diversification into higher-value pharmaceutical segments, greater regulatory transparency, and stronger industry-academia technology transfer to support patent commercialisation, research collaboration and startup incubation.
June 23, 2026
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Company law compendium traces Supreme Court jurisprudence across changing statutory frameworks and supports structured legal research.
Publication of the third edition of Supreme Court on Company Law compiles landmark Supreme Court decisions from 1950 to 2025 across the Companies Act, 1913, the Companies Act, 1956 and the Companies Act, 2013. The compendium provides concise headnotes stating the ratio decidendi, relevant paragraph references, and nominal, subject and section indices to enhance research utility and trace the development of company law jurisprudence.
June 23, 2026
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Bilateral trade agreement talks focus on tariff changes, interim commitments, and revised market-access terms between India and the United States.
High-level trade talks between India and the United States focused on reworking a proposed bilateral trade agreement after changes in US tariff policy altered the earlier framework. The discussions concerned an interim pact sought before expiry of the United States' temporary additional tariff regime, with both sides revisiting tariff commitments that had been built into the February framework and later affected by a Supreme Court ruling and subsequent tariff changes. The talks were also linked to broader efforts to strengthen economic ties and give final shape to the first phase of the Bilateral Trade Agreement.
June 23, 2026
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Bilateral trade agreement talks focus on tariff realignment, market access commitments, and a conditional framework for mutual adjustments.
Bilateral trade agreement talks between India and the United States centred on finalising the first phase of an interim framework for reciprocal and mutually beneficial trade, with both sides reviewing the earlier contours of the pact in light of changes in the United States tariff regime. The framework contemplated tariff reductions on Indian goods and wider market-access commitments by India, along with proposed Indian purchases of energy products, aircraft, precious metals, technology products and coking coal over a five-year period. The negotiations were being revisited to realign the first-phase agreement with the changed tariff structure.
June 23, 2026
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Money laundering investigation leads to searches over a private university's financial affairs under the Prevention of Money Laundering Act.
Enforcement Directorate searches were conducted in Madhya Pradesh and Chhattisgarh as part of a money laundering investigation concerning the financial affairs of a private university. About ten locations were searched under the Prevention of Money Laundering Act, and the inquiry was linked to an FIR registered by the Economic Offences Wing of the Madhya Pradesh Police.

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ESDS Launches Swaraj Nandi and Swaraj Hansa, Two Sovereign Enterprise Security Platforms Built Entirely in India

July 16, 2026

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Two of the most exploited weaknesses in enterprise security, unwatched privileged access and unread security alerts, get closed at once, by a platform built for governance and a platform born inside a live security operations centre. Launched in the presence of economist and Swadeshi Jagaran Manch National Co-Convener Dr. Ashwani Mahajan.
Mumbai, India, 16th July 2026: - ESDS Software Solution Limited, a sovereign cloud and data centre provider in India, today announced the general availability of two enterprise-grade platforms built entirely on Indian soil: Swaraj Nandi, a Privileged Access Management (PAM) platform that governs the credentials, sessions and audit trails behind an organisation's most sensitive systems and Swaraj Hansa, an AI-powered autonomous SIEM platform designed to close the gap between threat detection and action. Together, the two launches address the two failure points that consistently sit at the centre of enterprise security incidents in India: who has access to what and who is watching what happens once they have it. The launch was held in the presence of Dr. Ashwani Mahajan, National Co-Convener of the Swadeshi Jagaran Manch and noted Indian economist, as chief guest.


Swaraj Nandi and Swaraj Hansa join Swaraj AIOPS, Swaraj Garuda and Swaraj Jatayoo as the newest members of ESDS's portfolio of indigenous enterprise technology platforms, each engineered, built and supported entirely on Indian soil. Taken together, the platforms reflect a deliberate, sustained programme to build the security and infrastructure layer Indian enterprises depend on from within India, rather than import it.


Swaraj Hansa did not begin as a product idea. It began inside ESDS's own security operations centre, where analysts were living with the exact problem the platform now solves for clients: alert volumes no team can keep pace with, detections that arrive without an explanation attached and every new data source meaning weeks of manual rule-writing before it is even usable. Swaraj Hansa was built by the people who felt that pain first, to fix it for themselves, before ESDS decided to bring it to market.


Dr. Ashwani Mahajan, National Co-Convener, Swadeshi Jagaran Manch, said:
"India has demonstrated on the global stage that we have built world-class capabilities in defence, space and digital public infrastructure. The next frontier is digital sovereignty. As we strengthen our indigenous cloud, AI, and cybersecurity ecosystems, we are not only reducing strategic dependence but also creating globally competitive technologies. As we continue to build indigenous digital infrastructure, our cloud, data, and critical technologies must remain under India's control. Only through self-reliance in digital infrastructure can we secure India's technological future and emerge as a trusted global technology leader. This is the commitment required to build a truly self-reliant Digital India”.


— Dr. Ashwani Mahajan, Economist & National Co-Convener - Swadeshi Jagaran Manch
Piyush Somani, Promoter, Managing Director and Chairman, ESDS Software Solution Limited, said:
“Every organisation we serve banks, government bodies, hospitals, large enterprises carry the same exposure, in two forms. Somewhere inside its infrastructure sits a handful of credentials that, in the wrong hands, unlock everything. And somewhere in its security operations, a signal is arriving that no one has the time to notice. Both risks have historically been managed the same way: informally, and on trust alone. That is no longer adequate for the systems India now depends on.”
“Swaraj Nandi addresses the first. Every credential is vaulted, rotated and governed under Zero Trust principles. Swaraj Hansa addresses the second and it was built with the discipline of people who have worked inside a security operations centre themselves, not designed at a distance from the problem. What both platforms share is a conviction we hold across our portfolio: that India's most sensitive infrastructure deserves security that is built, owned and accountable within India.”
Piyush Somani, Promoter, Managing Director and Chairman, ESDS Software Solution Limited
Two Gaps, One Root Cause
On privileged access, the failure is silence: no session audit trail to answer who accessed which system and when, credential sprawl across servers and databases left unmanaged, no kill-switch to terminate a session once it turns malicious and vendor access granted with no accountability once an engagement ends.


On security operations, the failure is noise: analyst teams buried under alert volumes with no reliable way to separate signal from real threat, a nationwide shortage of Tier-1 analysts to triage what comes in, weeks of manual work to onboard every new data source and a deepening distrust of AI-driven detection that cannot explain its own decisions.


Tightening RBI, SEBI, IRDAI and PCI-DSS mandates now expect auditable, real-time control over both a bar most enterprises currently have no way to clear.


"India's digital leadership will ultimately be defined by the technologies we create, own and govern ourselves. The emergence of sovereign digital platforms reflects the maturity of India's innovation ecosystem. Initiatives by our BDIA members like ESDS are enabling the nation's Digital Sovereignty vision while laying the foundation for trusted, resilient and globally competitive digital infrastructure."
— Mr. Abhishek Bhatt, Secretary General - Bharath Digital Infrastructure Association (BDIA)
Swaraj Nandi
Swaraj Nandi functions as a single control plane for privileged credential management, session governance and compliance reporting, deployable entirely on-premise or within a private cloud, with no agents required on target systems and no dependency on foreign cloud infrastructure. The platform vaults and automatically rotates every privileged credential root passwords, service accounts, API keys, SSH keys and database credentials so that no human ever sees a production password in plain text. Every privileged session runs through a Zero-Trust session manager requiring explicit approval and multi-factor authentication, with no standing privileges. Every session is recorded down to the keystroke in a tamper-resistant, searchable audit trail, and built-in behavioural analytics flag anomalous commands before damage occurs.


Swaraj Hansa
Swaraj Hansa is an AI-powered autonomous SIEM platform built on a simple premise: AI-driven detection, human-owned decisions. Where Swaraj Nandi governs access, Swaraj Hansa governs visibility collecting, correlating and triaging security signals across an organisation's infrastructure and closing the gap between detection and action rather than stopping at another dashboard of unread alerts. Every alert Hansa surfaces arrives with a plain-language explanation of why it was flagged, so an analyst can act on it rather than take a black-box score on faith. New data sources are onboarded through a guided, largely no-code setup instead of weeks of custom rule-writing and repetitive triage and reporting work runs on autopilot so analysts spend their time on the alerts that actually need a human judgment call. The platform continuously monitors its own health, runs in a high-availability configuration with no single point of failure and is built to operate standalone in an air-gapped or private-cloud environment for organisations that cannot depend on foreign infrastructure a requirement Swaraj Hansa was designed around from day one, not retrofitted for later.


Komal Somani, Whole-time Director, CMO and CHRO, ESDS Software Solution Limited, said:
“Trust inside an enterprise has always been an assumption rather than a control, and that is precisely what a privileged access breach or a missed security alert relies on. It is rarely a stranger breaking in and rarely a total absence of warning. It is someone already inside doing something no one was watching for, or a signal that fired and was lost in the volume. Swaraj Nandi and Swaraj Hansa are not built to make organisations trust less. They are built to give them something to verify.”
Komal Somani, Whole-time Director, CMO and CHRO, ESDS Software Solution Limited
Regulatory Compliance Architecture
Both platforms' compliance architecture is mapped directly to the frameworks governing India's most regulated sectors including the RBI IT Framework, SEBI's CSCRF, the DPDP Act, PCI-DSS v4.0, ISO 27001 and NIST CSF. Swaraj Nandi's access approval workflows, session recordings, credential rotation logs and risk-scoring reports, alongside Swaraj Hansa's alert triage records and audit trails, are structured to satisfy each framework's specific audit and incident-reporting requirements giving organisations a direct path to compliance on both access governance and security monitoring without building custom infrastructure for either from scratch.


Availability
Swaraj Nandi and Swaraj Hansa are available with immediate effect across On-Premise, Private Cloud and as-a-Service deployment models. Swaraj Nandi supports Linux and Windows servers, PostgreSQL, MySQL, MSSQL, Oracle, and Cisco and Juniper network devices. Swaraj Hansa is built to deploy standalone, including in air-gapped environments, for organisations that require full data sovereignty over their security operations. ESDS is offering structured POC and pilot engagements for qualified organisations across banking, government, insurance, healthcare and large enterprise sectors. Enterprises may request a technical demonstration or compliance assessment consultation through ESDS's enterprise engagement team.


About ESDS Software Solution Limited
ESDS Software Solution Limited is a sovereign cloud and managed services provider in India, offering cloud, data centre, GPU infrastructure and enterprise security solutions. The company operates Tier III certified data centres across India and serves clients across BFSI, government, healthcare, manufacturing and technology sectors. Swaraj Nandi and Swaraj Hansa are the latest releases under ESDS's ongoing product development programme and are part of the company's broader Swaraj portfolio of purpose-built enterprise security, observability and AI operations platforms.


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 Managers, DAM Capital Advisors Limited and Systematix Corporate Services 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 - II, 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

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