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    DRI seizes over 1 lakh bottles of Codeine-based cough syrup in two separate operations in Tripura and West Bengal; one person arrested
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July 6, 2026
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Codeine-based cough syrup seizures expose concealment methods used in narcotics trafficking networks under the NDPS Act.
Large quantities of codeine-based cough syrup were intercepted and seized in coordinated anti-smuggling operations in Tripura and West Bengal under the NDPS Act, 1985. The consignments were concealed inside metallic and iron drums beneath cover cargo, including powdery substance and china clay powder, to evade detection during transport and storage. The operations involved recovery from a train parcel van and a warehouse, with one person arrested after arriving to take delivery of the consignment.
July 5, 2026
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Emergency natural gas supply curbs withdrawn as LNG shipments through the Strait of Hormuz resume after ceasefire.
Withdrawal of emergency natural gas supply restrictions followed the normalisation of LNG shipments through the Strait of Hormuz after a ceasefire and the resumption of maritime traffic. The Ministry of Petroleum and Natural Gas amended the Natural Gas (Supply Regulation) Order, 2026 by omitting key operational provisions of the March emergency framework, which had been issued under the Essential Commodities Act in response to disruption of West Asia LNG supplies and supplier force majeure declarations. The omitted provisions had authorised government direction and diversion of domestic gas, imported LNG and regasified LNG to priority consumers and had overridden existing gas sale agreements and related commercial contracts.
July 5, 2026
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Murder investigation centres on a Snapchat message allegedly showing prior knowledge that the planned wedding would not happen.
Police investigating the alleged murder of Ketan Agarwal said they found a Snapchat message purportedly sent by Siya Goyal in May stating that her marriage to Agarwal would not take place, while also asking for an Aadhaar card copy for wedding ticket bookings. Investigators said the message is being verified, and the friend who received it may be questioned to determine whether she had any prior knowledge of a conspiracy to eliminate Agarwal.
July 4, 2026
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Murder investigation centers on a Snapchat message suggesting the planned marriage was not to happen and may show prior conspiracy.
Police investigation in the alleged murder of a Pune realtor has reportedly brought to light a Snapchat message said to have been sent by the accused, indicating that her scheduled marriage would not take place while also referring to travel arrangements for the wedding. The message is being examined for authenticity, and investigators are questioning a friend to determine whether she had any prior knowledge of a possible conspiracy to eliminate the victim.
July 4, 2026
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Free trade negotiations face market access hurdles as India advances talks with Canada, Israel and the EU framework.
Negotiations for the proposed India-Peru free trade agreement remain stalled because of concerns over market access in sensitive products, especially duty concessions on gold. Talks with Canada are progressing under the Comprehensive Economic Partnership Agreement framework, with officials aiming to conclude the pact within the next six months or so. Negotiations with Israel are continuing more slowly because of the West Asia crisis, while the India-EU Trade and Technology Council is being used as a complementary mechanism to support implementation of the concluded trade pact.
July 4, 2026
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GST collection growth in Assam reflects stronger compliance, leakages control and digital tax administration.
Assam reported a 15 per cent increase in GST collection in June, with receipts rising to Rs 1,437 crore from Rs 1,255 crore. The growth was attributed to improved compliance, leakages control, stronger digital tax administration and a wider tax base. GST collections for the April to June quarter were also higher, at Rs 4,467 crore against Rs 3,026 crore in the corresponding period of the previous year.
July 4, 2026
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Energy security through diversified sourcing, expanded refining capacity and LPG supply measures helped shield consumers from crisis impacts.
India's response to the West Asia energy crisis relied on diversified fuel sourcing, expanded domestic refining capacity, rapid reconfiguration of refinery output toward LPG, and active diplomatic engagement to secure energy supplies from multiple countries. These measures were described as shielding consumers from severe fuel shortages and sharp price increases, while excise duty reductions and absorption of oil company losses limited the burden on citizens. The account also highlighted expansion of PNG connections, increased LPG production, and energy resilience as part of a broader policy approach to self-reliance.
July 4, 2026
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Future-ready higher education expands as new programmes focus on AI integration, industry relevance and multidisciplinary skills.
Chandigarh University Uttar Pradesh has introduced 17 new academic programmes from the 2026 academic session across engineering, management, computer applications, liberal arts, sciences, hospitality, aviation and law. The programmes include undergraduate and postgraduate courses in aerospace engineering, robotics and automation, AI and machine learning, data science, psychology, microbiology, biotechnology and an LL.M. with specialisations in constitutional law, business law, criminal law and human rights. The expansion is intended to align higher education with industry needs, AI integration, practical exposure and future-ready skills.
July 4, 2026
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Retail expansion and customs duty pressure shape jewellery retailer's strong quarterly update and margin outlook.
Jewellery retailer reported retail expansion through new showroom openings, with further store additions planned and a stronger shift toward the franchise model. The update also recorded substantial year-on-year growth in standalone revenue, retail revenue and same-store sales, supported by festive demand across company-owned, franchise and branded showroom formats. The company said performance continued despite elevated gold prices and a customs duty increase, but cautioned that discounting and duty pressure would affect margins.
July 4, 2026
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Pharmaceutical exports and Chinese investment seen as key to strengthening India-China trade ties and broader economic relations.
Greater market access for Indian pharmaceuticals in China and expanded Chinese investment in India were identified as measures that could strengthen the broader bilateral relationship. India's envoy said India seeks higher exports to China in sectors where it has a competitive advantage, particularly pharmaceuticals, and urged that Chinese partners open their market to high-quality generic medicines exported by India to other countries. He also said trade and commerce remain central to India-China ties, and that a more balanced commercial relationship would benefit both sides.
July 4, 2026
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Stake transfer approval dispute over Vizhinjam port raises disclosure, concession compliance, and public interest concerns.
SEBI and stock exchange intervention was sought over a proposed 49 per cent stake transfer in the Vizhinjam port project, on the allegation that it breached the concession agreement. The objection was that prior state approval was required for any transfer of ownership or of more than 25 per cent shareholding, and that the transaction proceeded without such approval. The matter was also linked to disclosure obligations under the SEBI listing regulations and concerns about public interest, national security, and possible monopolistic effects.
July 4, 2026
Show AI Summary
Export promotion strategy stresses Centre-State coordination, MSME support, quality infrastructure and district-level export hubs.
Export promotion strategy centres on coordinated Centre-State action, wider use of the BHAVYA Industrial Parks Scheme, State export committees, regular consultations and monthly reviews of district export performance. The approach links exports with land and labour reforms, improved regulatory coordination and alignment of State incentives with Central programmes to strengthen export competitiveness and MSME participation. Support for exporters includes the Export Promotion Mission, quality infrastructure, trade remedies, import substitution, overseas exhibitions and cross-border e-commerce.
July 4, 2026
Show AI Summary
Trade and investment cooperation deepens as India and Mali identify priority sectors, matchmaking opportunities and export facilitation measures.
India and Mali institutionalised their bilateral commercial engagement through the inaugural India-Mali Forum for the Promotion of Exports, aimed at deepening trade and investment cooperation through B2B, B2G and G2G matchmaking, exhibition visits and sectoral discussions in renewable energy, pharmaceuticals, textiles, automotive manufacturing and mining. The parties identified cotton and textiles, mining and energy, agro-industry and shea processing, pharmaceuticals, and social infrastructure as priority sectors, while Mali also sought support for digitising its Certificate of Origin system and prompt registration of approved Indian pharmaceutical products.
July 4, 2026
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Bilateral economic cooperation deepens as India and France expand dialogue on critical minerals, investment, railways and financial ties.
India and France advanced bilateral economic and financial cooperation through the India-France Economic and Financial Dialogue, focusing on alignment in multilateral economic platforms, including the G20 and Paris Club, and on broader views of the world economic outlook. The discussions covered cooperation in critical minerals, economic sovereignty and security policy, efforts to increase cross-investment, expand collaboration in the high-speed railway sector, and further connect the financial industries of both countries.
July 3, 2026
Show AI Summary
Rupee gains amid weaker dollar index and reserve rebuilding, even as importer demand keeps pressure on the currency.
The rupee appreciated against the US dollar as the dollar index retreated from recent highs and domestic equities remained positive, though the currency continued to face pressure from strong dollar demand by importers and corporate hedgers. Foreign exchange reserves were reported to have declined, with the Reserve Bank of India stated to be actively purchasing dollars to rebuild reserves.
July 3, 2026
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Forced labour tariffs face Indian challenge over alleged legal flaws and compliance-based export supply chains.
India is preparing to contest a proposed US tariff action linked to allegations of forced labour in export supply chains, arguing that the underlying findings are legally flawed and fail to consider the effect on American businesses and consumers. Industry bodies have said that India's domestic legal regime is robust and that export supply chains operate within established compliance systems emphasising traceability, supplier due diligence, independent audits and responsible sourcing. Sectoral submissions also state that forced labour is inconsistent with legitimate operating practices.
July 3, 2026
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Aadhaar enrolment and biometric updates gain push with Nagaland's first Seva Kendra to widen public access.
Nagaland's first UIDAI Aadhaar Seva Kendra was inaugurated at Dimapur to improve Aadhaar enrolment and update services in the state, where enrolment remains well below the national saturation level. The centre is intended to make Aadhaar services more accessible to the public and to support wider coverage across districts where enrolment rates continue to lag.
July 3, 2026
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Export growth targets set for merchandise and services as India aims for a one trillion dollar total export milestone.
India has set export growth targets for the current fiscal year, aiming for 16-17 per cent growth in merchandise exports to USD 530 billion and 11 per cent growth in services exports to USD 470 billion in 2026-27. The overall target for total exports has been fixed at USD 1 trillion for the fiscal year.
July 3, 2026
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Money laundering investigation allows auction of seized aircraft for investor restitution under anti-money laundering law.
Enforcement Directorate auctioned a seized business aircraft in a money-laundering investigation arising from alleged investor fraud through a Ponzi scheme. The aircraft was sold after the agency sought permission to dispose of the property under the Prevention of Money Laundering framework and the adjudicating authority allowed the auction. The sale proceeds are stated to be available for restitution to genuine investors in accordance with the Prevention of Money Laundering Act, subject to leave of the Special Court.
July 3, 2026
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Foreign exchange reserves decline as gold reserves fall sharply and central bank data shows weaker currency assets.
India's foreign exchange reserves declined during the reporting week ended June 26, falling by USD 5.654 billion to USD 666.933 billion. The decrease was driven mainly by a sharp fall in gold reserves, which dropped by USD 5.394 billion, while foreign currency assets also edged down. Smaller reductions were recorded in special drawing rights and the reserve position with the IMF. The article notes that earlier reserve gains were followed by weeks of decline as the rupee came under pressure and market intervention involved dollar sales.

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Customs & Trade

PM Modi to inaugurate Bhogapuram Airport on Aug 1 in Andhra Pradesh

July 31, 2026

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Amaravati, Jul 31 (PTI) Prime Minister Narendra Modi is scheduled to inaugurate the Alluri Sitarama Raju International Airport built at nearly Rs 5,000 crore at Bhogapuram in Vizianagaram district of Andhra Pradesh on August 1.

The state government views Bhogapuram Airport not merely as an infrastructure project, but as a transformational asset for the entire North Andhra region.

As per the official schedule, PM Modi is expected to arrive at the airport from Delhi on a special aircraft at 10:45 am on August 1.

Governor S Abdul Nazeer and Chief Minister N Chandrababu Naidu will receive him.

At 10:58 am, the Prime Minister will inaugurate the airport terminal building and subsequently inspect the facility along with the Chief Minister, Governor and other dignitaries.

He will then proceed to a public meeting venue in an open-top vehicle, where more than 13,500 tribal women and students will greet him with a grand Dhimsa dance performance.

The Prime Minister will address the public meeting from 11.30 am to 12.55 pm.

The state government officials said that the government has developed the airport to international standards as part of the vision to position Visakhapatnam among globally developed cities.

The airport has been conceived as a catalyst for industrial growth, employment generation, exports, skill development and research, an official release said.

The airport is among the "fastest-completed greenfield international airports in India... nearly five months ahead of schedule," the release further said.

It has already secured the Directorate General of Civil Aviation (DGCA) aerodrome licence, along with all required safety, fire and environmental clearances.

Designed to handle six million passengers annually in the first phase, the airport also has a master plan to expand the capacity to 40 million passengers annually in the future.

The project is expected to play a pivotal role in boosting economic growth, tourism, industrial investments, exports, logistics and aerospace and defence sectors across the erstwhile Visakhapatnam, Vizianagaram and Srikakulam districts.

Developed by GMR Visakhapatnam International Airport Limited (GVIAL) under the Public-Private Partnership (PPP) model using the Design, Build, Finance, Operate and Transfer (DBFOT) framework, the integrated project spans 2,703.26 acres.

It includes the airport in 2,203.32 acres, an aviation hub (500 acres), aviation university and EduCity (136.63 acres), including comprehensive airside infrastructure, commercial development, residential zones and approach roads.

A key highlight of the airport is a 3,800-metre Code-E runway, capable of handling wide-body aircraft such as the Boeing 777, Boeing 787 Dreamliner, Airbus A330 and Airbus A340.

It is also equipped with advanced airfield lighting, navigation aids and CNS/ATM infrastructure to support both domestic and international operations.

The terminal incorporates advanced passenger processing technologies, which include contact boarding bridges, Common Use Passenger Processing System (CUPPS), self-baggage drop, self-service passenger processing, smart surveillance, access control systems, security management systems and an Integrated Operational Control and Monitoring Centre.

These facilities are aimed at enhancing passenger convenience and operational efficiency, said the press release.

"Bhogapuram Airport is expected to significantly strengthen North Andhra's export ecosystem through a 25,000 metric tonne annual capacity cargo terminal. It includes temperature-controlled cold chain facilities for transporting pharmaceuticals, marine products and other high-value perishable goods," it said.

Integration with Visakhapatnam Port, industrial corridors and logistics networks is expected to establish Bhogapuram as a major air cargo and logistics hub on India's east coast.

Around 30 per cent of the airport's water requirement will be met through recycled water, and it was developed as per LEED Platinum standards.

Architecturally, the terminal reflects the state's cultural identity, inspired by a flying fish, symbolising the Bay of Bengal and North Andhra's maritime heritage, while the terminal incorporates traditional Rangoli into its roof and ceiling designs.

The Andhra Pradesh government invested Rs 1,583 crore for infrastructure, including land acquisition (Rs 944 crore), water supply (Rs 75 crore), power supply (Rs 97 crore), funded works (Rs 134 crore), connectivity roads (Rs 301 crore), road connectivity (Rs 3.25 crore) and canal works (Rs 27 crore), said the press release.

The approach roads and supporting infrastructure connecting the airport will significantly improve air connectivity across North Andhra, coastal Andhra and neighbouring states.

The airport is expected to unlock new opportunities in tourism, hospitality, logistics, warehousing, exports, pharmaceuticals, marine products, IT, aerospace, defence and manufacturing, the release said.

Tourist destinations such as Araku, Lambasingi, Visakhapatnam, Vizianagaram and Srikakulam are expected to benefit substantially, the release said.

Modi is also expected to lay foundation stones and dedicate various projects of the Ministries of Petroleum, Surface Transport and other departments, with a cumulative worth of Rs 18,000 crore. PM is scheduled to depart for Delhi at 1:10 pm on August 1. PTI STH ADB

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