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    Govt allows FDI in inventory-based e-commerce model only for export purposes
    Joint home loans in India - interest rates start at 7.25%* p.a. for salaried applicants
    6Wresearch: India Export Attractiveness Tracker 2026
    Govt allows FDI in inventory-based model of e-commerce only for export purposes
    CRIF India Launches Chennai Chapter of 'Credit Goes to HER' to Strengthen Women's Leadership in the Credit Ecosystem
    Loan Fest 2026: Apply for a Bajaj Finance Personal Loan Online with Attractive Offers
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    CCI approves acquisition of 100% of the equity share capital of NCR Atleos Corporation (Target) by The Brink's Company (Acquirer)
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    Lokayukta police unearth Rs 17 crore assets of power firm official, relatives
    Maharashtra govt releases 'representative' list of 533 beneficiaries of farm loan waiver scheme
    India exports 12.5 tons of Dashehari, Langra mangoes from UP to Dubai via sea route
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July 23, 2026
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Foreign investment in inventory-based e-commerce is allowed only for exports of Indian-made goods, while domestic retail remains prohibited.
Foreign direct investment in inventory-based e-commerce is permitted exclusively for exports of goods or products manufactured or produced in India. Restrictions on business-to-consumer and inventory-based e-commerce do not apply to these exports, subject to the Foreign Trade Policy 2023 and export regulations. Foreign direct investment in inventory-based e-commerce retailing for domestic sales remains prohibited, with the revised position taking effect upon the relevant foreign exchange notification.
July 23, 2026
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Joint Home Loan Eligibility and Shared Repayment Liability Shape Borrowing Capacity, Tax Claims, Documentation, and Exit Planning.
Joint home loans allow eligible applicants to combine income for a single housing loan, while making every co-applicant fully responsible for repayment. Eligibility depends on each applicant's income, financial obligations, credit history, age, repayment capacity and property criteria. Applicants should agree on EMI sharing, ownership proportions and exit arrangements before applying, as removal of a co-applicant requires lender approval and reassessment. Co-owner borrowers may claim applicable interest and principal repayment deductions subject to ownership, contribution and income-tax requirements. Each applicant must provide separate identity, income and banking documentation.
July 23, 2026
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Export competitiveness increasingly depends on regulatory compliance, preferential trade access and diversification into smartphones, medicines, petroleum products and semiconductors.
India's export potential to 2031 is centred on smartphones, polished diamonds, petroleum products and medicines, with the United States, Hong Kong, Japan, China, Singapore and the United Arab Emirates as important markets. New product opportunities include iron ore concentrates, gasoline vehicles and light petroleum oils. Although selected destinations offer duty-free or preferential access, market entry in mature markets increasingly depends on compliance with non-tariff measures, including registration, quality certification, safety documentation and product standards. Semiconductor-related manufacturing is identified as a long-term opportunity supported by expanding electronics capacity, supply-chain diversification and domestic incentives.
July 23, 2026
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Foreign investment in inventory-based e-commerce is permitted exclusively for exports of Indian-manufactured or produced goods under export compliance rules.
Foreign direct investment in inventory-based e-commerce is permitted exclusively for exports of goods or products manufactured or produced in India. Foreign direct investment remains permitted in business-to-business e-commerce and the marketplace model, while business-to-consumer and inventory-based direct sales to consumers remain prohibited except for the specified export activity. Export-oriented inventory-based operations must comply with the applicable Foreign Trade Policy and foreign exchange regulations governing exports.
July 23, 2026
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Women's leadership in credit expands through a Chennai community platform supporting mentorship, inclusive lending practices, and financial ecosystem collaboration.
The Chennai chapter of the 'Credit Goes to HER' initiative provides a platform for women professionals in banking, NBFCs, fintech, housing finance, academia and policy to share knowledge, obtain mentorship and collaborate on inclusive credit practices. It seeks to strengthen women's leadership and participation in the credit ecosystem while supporting responsible lending, financial inclusion, transparency and data-driven decision-making.
July 23, 2026
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Digital personal-loan campaign combines online collateral-free borrowing, eligibility-based assessment, flexible repayment options and conditional lifestyle rewards for successful disbursals.
Digital personal-loan campaign permits eligible customers to apply online for collateral-free borrowing and receive specified lifestyle rewards upon successful disbursal, subject to campaign terms. Applicants may check an offer, provide personal, financial and employment information, review loan terms, complete know-your-customer and bank-account verification, and undergo assessment. Interest rates, loan amounts and repayment tenures depend on eligibility, credit profile, income and internal assessment. An EMI calculator supports comparison of repayment options and estimation of monthly instalments before application.
July 23, 2026
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Foreign-exchange market pressure weakened the rupee as elevated crude prices and risk sentiment drove trading conditions.
Foreign-exchange market movement saw the rupee depreciate against the US dollar amid elevated crude oil prices linked to heightened West Asia hostilities. Weak domestic equity markets and foreign investor equity outflows contributed to negative sentiment. Market commentary indicated that prospective Reserve Bank of India intervention supported the rupee and could limit sharper depreciation, while shipping-security concerns contributed to elevated oil prices.
July 23, 2026
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Homebuyer refund claims in developer insolvency proceed through pro-rata distribution of funds deposited for eligible buyers.
Homebuyer refund claims connected with demolished residential towers are being considered within the developer's insolvency proceedings. Buyers who have not opted for alternative allotment seek repayment. Eligible refunds are contemplated on a pro-rata basis from funds deposited by the Interim Resolution Professional, subject to the claims process and the availability of deposited funds.
July 23, 2026
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Free trade agreement tariff reductions create investment opportunities for Asia-Pacific manufacturers seeking UK and European market access.
The UK-India Free Trade Agreement is presented as reducing tariffs on advanced machinery and manufacturing-related goods and creating trade and investment opportunities for Asia-Pacific manufacturers seeking UK and European market access. Manchester is promoted as an investment location through its advanced manufacturing cluster, skilled workforce, innovation infrastructure, international links, and available manufacturing and research space. Invest Manchester provides investor support and undertakes international engagement to develop trade, investment and innovation partnerships.
July 23, 2026
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Practical legal training and structured internships strengthen judicial examination preparation, professional skills, and career exposure for law students.
Legal education employability initiatives combine curriculum alignment for judicial and competitive examinations with mentoring, legal drafting practice, research training, and professional interaction. Internships provide practical exposure to courts, judicial institutions, government bodies, law firms, advocates' chambers, corporate legal departments, and non-governmental organisations. Students in integrated and three-year law programmes complete prescribed minimum internship periods, with summer and winter placements commencing after the first year. Specialisation-based internships cover civil, criminal, corporate, cyber, intellectual property, arbitration, taxation, and government or non-governmental legal work.
July 23, 2026
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Student fashion showcase celebrates identity, personal storytelling, craft preservation and conscious creation through nine contemporary design collections.
Student fashion showcase 'Astitva' presented nine contemporary collections exploring identity, belonging, transformation, memory, resilience, grief and cultural heritage through personal design narratives. The collections included a contemporary reinterpretation of Bhujodi weaving, Ajrakh block printing and Kumaoni hand-knitting, emphasising preservation of Indian craft traditions. Recognition included a designer award for the craft-revival collection and a sustainability award for a collection focused on craftsmanship, conscious creation, heirloom design and mindful luxury.
July 23, 2026
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Rupee exchange-rate movements face pressure from elevated crude prices and equity outflows, moderated by possible central-bank intervention.
Rupee exchange-rate movement in early foreign-exchange trading reflected a modest appreciation against the US dollar after depreciation in the preceding session. Possible dollar sales by state-owned banks, widely viewed as central-bank intervention, and a weaker US dollar supported the currency. Elevated crude-oil prices, foreign institutional equity outflows, and negative domestic equity-market sentiment continued to create downside pressure, although expected central-bank support was considered likely to limit losses.
July 23, 2026
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Official statistics dissemination uses digital validation, release calendars, anonymised microdata and accessible platforms to strengthen timeliness and transparency.
Official statistics collection and dissemination are supported through digital survey platforms with built-in validation, real-time monitoring and supervisory quality controls. Consumer Price Index, National Accounts Statistics and Index of Industrial Production data are collected, compiled or validated through specified quality and timeliness mechanisms. An Advance Release Calendar supports accountable publication, while anonymised survey microdata, stakeholder engagement and digital portals improve transparency, accessibility and use of official statistics.
July 23, 2026
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Official statistical modernization strengthens macroeconomic measurement through revised bases, digital surveys, validated data collection and district-level estimates.
Official statistical methodology and National Sample Surveys are periodically reviewed to reflect changing economic conditions, emerging data needs and international standards. Base revisions for key macroeconomic indicators incorporate updated data, expanded coverage, revised weights, administrative sources and improved estimation of the unincorporated sector. Survey methods are updated through expert consultation, pilot studies and field testing. Digital collection platforms, validation checks, real-time monitoring, AI-enabled tools and multilingual interfaces support improved data quality, quicker releases, high-frequency surveys and district-level estimates.
July 23, 2026
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Energy statistics reporting expands with internationally aligned consumption data, energy-sector credit flows, and improved coal and electricity coverage.
Energy Statistics India 2026 reports Total Primary Energy Supply and renewable energy potential, supporting energy policy and infrastructure planning. Its 33rd edition adds data on credit flow to the energy sector, the international energy scenario, and international marine and aviation bunker use. It aligns end-use consuming sectors for energy commodities with international standards and addresses data gaps in industry-wise coal and electricity consumption.
July 23, 2026
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Competition approval for full acquisition integrates cash replenishment, ATM hardware, software, managed services and maintenance operations.
Competition approval has been granted for The Brink's Company's acquisition of the entire equity share capital of NCR Atleos Corporation, which will become wholly owned and controlled by the acquirer. The acquirer provides cash replenishment and ancillary first-line maintenance in India. The target's Indian activities include ATM hardware manufacture and supply, ATM software development and licensing, ATM managed services, and first-line and second-line ATM maintenance.
July 22, 2026
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Forced-labour import controls face proposed Section 301 tariff action, while India contests the investigations through bilateral trade discussions.
Section 301 investigations concerning forced-labour imports examine whether 60 major trading partners, including India, have adopted and effectively enforced import prohibitions on goods produced with forced labour. Proposed additional tariffs would vary according to the strength of existing forced-labour import controls. India has contested the investigations and indicated that these issues may be addressed through the bilateral trade agreement under discussion. India has also initiated an anti-dumping investigation into global soda ash imports to assess potential injury or threat of injury to domestic industry.
July 22, 2026
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Disproportionate-assets investigation examines property, bank accounts, tax returns and investments linked to a power company official and relatives.
Disproportionate-assets investigation concerns allegations that a power distribution company official and close relatives acquired movable and immovable assets beyond known sources of income. Lokayukta Police conducted searches, identified assets and bank deposits linked to the official, family members and associated business entities, and sought freezing of account transactions. The inquiry includes verification of property acquisitions, income-tax returns, and stock-market and mutual-fund investments, with further investigation pending.
July 22, 2026
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Farm loan waiver eligibility requires verified data, Agristack registration and Aadhaar authentication before direct transfer to loan accounts.
The farm-loan waiver and one-time settlement mechanism applies to eligible beneficiaries whose loan data is uploaded by participating banks and verified through the scheme portal. Excluded categories include legislators, local-body office-bearers, government employees, certain income-tax payers, and specified cooperative-sector personnel. Eligible farmers must register on Agristack and complete Aadhaar authentication using their Aadhaar number or unique ID. After successful authentication, the eligible benefit is transferred directly to the loan account through the Direct Benefit Transfer system.
July 22, 2026
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Sea-route mango export protocol validates cold-chain shipping that can reduce logistics costs and expand overseas market access.
A sea-route export protocol for Dashehari and Langra mangoes was commercially validated for shipment from Uttar Pradesh to Dubai under an extended harvest-to-market transit period. The process used scientific post-harvest management, shelf-life treatment, grading, packing, refrigerated-container transport and a continuous cold chain. The reported marketable condition on arrival supports wider use of cost-effective sea freight, potentially reducing logistics costs, improving grower procurement prices and expanding access to overseas markets.

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Customs & Trade

PM Modi to inaugurate Bhogapuram Airport in Andhra on Aug 1

July 31, 2026

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Amaravati, Jul 31 (PTI) Prime Minister Narendra Modi is scheduled to inaugurate the nearly Rs 5,000 crore Alluri Sitarama Raju International Airport built 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 governor, chief minister 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 PM will address the public meeting between 11.30 am and 12.55 pm.

The airport was developed to international standards as part of the government's vision to position Visakhapatnam among globally developed cities.

It was conceived as a catalyst for industrial growth, employment generation, exports, skill development and research, an official press release said.

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

It has already secured the Directorate General of Civil Aviation (DGCA) aerodrome licence, along with the 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.

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 Public-Private Partnership (PPP) model using 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.

"Bhogapuram Airport is expected to significantly strengthen North Andhra's export ecosystem through a 25,000-tonne annual capacity cargo terminal. It includes temperature-controlled cold chain facilities for transporting pharmaceuticals, marine products and other high-value perishable goods," the release 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 has invested Rs 1,583 crore for infrastructure -- 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) -- the release said.

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.

PM 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.

The PM is scheduled to depart for Delhi at 1.10 pm.

Meanwhile, Naidu held a video conference with officials on the preparations for the inauguration, stressing that it should be held in an extravagant manner with a grand welcome for PM Modi.

"The airport premises should radiate with Telugu culture and legacy. A world record should be created through the tribal Dhimsa welcome dance for PM Modi," Naidu said in an official release on Friday.

Giant Etikoppaka toy replicas have been arranged at the airport as part of the decoration.

Pictures of Bobbili Veena, Banginapalli mango and puppet show vistas have adorned the interior of the airport.

Moreover, Air India has already issued a schedule to operate flights from the new airport, the release added. PTI STH KH

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