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    ED attaches Rs 94 crore in foreign bank account in fraud case against Delhi-based rice firm
    Ensure uniform deposit rates across all branches: RBI tells banks
    PM takes stock of geo-political situation, safety of seafarers, supply chain constraints
    Delhi govt to provide property Aadhaar cards; bring Land Records Bill: CM Rekha Gupta
    CCS discusses global security situation, supply chain constraints
    US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high
    Gold rises Rs 1,000 to Rs 1.48 lakh/10g on fresh retail buying
    DFS Launches Protection & Indemnity Insurance Product under Bharat Maritime Insurance Pool (BMIP)
    Investec Selects Infosys Finacle SaaS Platform on Microsoft Azure for Digital Banking Transformation
    Kotak Securities Earns Great Place to Work® Certification and Recognition Among India's Best Workplaces™ in Investments 2026
    India rises from 82nd to 57th in global rankings, in structural and pro-competitive reforms: Report by Competere Foundation
    Aadhaar enrolment in Manipur has reached 87-88 pc: Officials
    IndoStar Capital Finance Limited Q1FY27 Disbursements ₹ 1,235 crore up 44% vis-à-vis Q1FY26
    Global gold demand flat at 1,269 tonnes in June quarter, says WGC
    MCD to launch 5-year PPP policy to modernise school stadiums, offer free sports coaching
    Piramal Pharma Limited Announces Results for Q1 FY27
    Advisory on Keeping on Hold the Proposed e-Way Bill Enhancements
    Innovation, Startups, MSMEs and Quality Manufacturing are Pillars of India's Future Growth: Shri Piyush Goyal at 22nd J.R.D. Tata Memorial Lecture
    UP ATS nabs kingpin of fake document racket from West Bengal
    Calcutta HC says voter ID, Aadhaar, PAN not proof of Indian citizenship
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    July 30, 2026
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    Money laundering asset attachment targets overseas bank deposits linked to alleged loan fraud and fugitive economic offenders.
    Provisional attachment under the Prevention of Money Laundering Act was reported against Singapore bank deposits held by a company promoter and associated entities in an alleged loan-fraud and money-laundering investigation. The underlying case arises from allegations of fraud, criminal misappropriation, criminal breach of trust and cheating affecting a consortium of lending banks. Service of the attachment order was reported through mutual legal-assistance arrangements, and the promoters had reportedly been declared fugitive economic offenders.
    July 30, 2026
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    Deposit interest rate uniformity requires equal rates for similar deposits, while allowing risk-based differentiation for bulk deposits.
    Banks must apply uniform deposit interest rates across branches and customers for similar deposit amounts accepted on the same date, without discrimination. Rates payable, including for bulk deposits, must strictly follow schedules disclosed in advance on bank websites. Bulk deposit rates must be published each business day at 10:00 am, subject to a short permitted delay. Differentiated bulk-deposit rates may be offered based on applicable differential run-off rates under the Liquidity Coverage Ratio framework.
    July 30, 2026
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    Supply-chain continuity measures prioritise energy, fertiliser and seafarer protection amid conflict-driven disruptions across critical maritime transit routes.
    Supply-chain continuity and energy security measures were reviewed in response to geopolitical conflicts disrupting maritime transit routes and imports. Measures included diversification of LPG procurement, maintenance of petroleum stocks, expansion of PNG, gas-grid, LNG and city-gas infrastructure, and pipeline connectivity approvals. Fertiliser requirements and alternative procurement sources were considered to ensure uninterrupted supply. A unified monitoring mechanism and support arrangements for seafarers, including timely information, emergency assistance and counselling, were directed to protect citizens, economic interests and the Indian diaspora.
    July 30, 2026
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    Property digital identity framework proposed through comprehensive surveys, floor-level records, and unique cards to improve ownership verification.
    The proposed Delhi Land Records Bill, 2026 contemplates a digital land-records framework requiring scientific surveys of every property, comprehensive authenticated digital records and a unique Property Aadhaar Card. The proposed system would cover rural and urban residential, commercial and other properties, including floor-level records for buildings. It is intended to improve ownership verification, property transactions, inheritance, loan access, building-plan approvals and transparency in land records.
    July 30, 2026
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    Supply-chain resilience amid maritime conflict drives measures to protect energy imports, fertiliser supplies, seafarers and overseas citizens.
    Supply-chain continuity was reviewed in response to conflicts affecting maritime routes through the Strait of Hormuz, the Black Sea, the Red Sea and the Gulf of Aden. The concerns included disruptions to imports of petroleum, natural gas, fertilisers and other essential goods, risks to ships and seafarers, and the safety of Indian citizens in conflict areas. Measures were considered to maintain uninterrupted imports, protect economic interests and address constraints affecting critical energy and trade corridors.
    July 30, 2026
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    Economic growth and persistent inflation shaped slower output, import pressures, and continued interest-rate restraint despite resilient consumer spending.
    United States economic growth slowed in the second quarter as increased imports reduced gross domestic product growth, despite stronger consumer spending and business investment linked to artificial intelligence. The preferred inflation measure moderated but remained above the central bank's target, with core consumer prices showing limited change. The benchmark interest rate was retained for a fifth consecutive meeting, though some regional presidents supported an increase to address elevated inflation. Employment growth and consumer spending continued to support economic resilience amid high living costs and energy-price pressures.
    July 30, 2026
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    Gold market volatility reflects retail buying, global price trends, currency movements, and weaker domestic demand linked to higher customs duty.
    Gold prices rose on fresh buying by jewellers and retailers amid firm international trends, while silver prices declined. Improved domestic demand and a pullback in the US dollar supported gold, though a stronger rupee limited further gains. India's gold demand declined year-on-year during April-June, attributed to seasonally subdued sales, higher customs duty and an appeal to reduce purchases. Global gold demand remained broadly unchanged, while precious metals were expected to remain volatile and range-bound.
    July 30, 2026
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    Protection and indemnity insurance expands domestic maritime risk coverage for third-party liabilities and strengthens self-reliant insurance capacity.
    Bharat Maritime Insurance Pool has introduced a sovereign-backed Protection & Indemnity insurance product to cover third-party maritime liabilities, including crew and cargo claims, pollution liability and wreck removal. The product expands the pool beyond cargo and hull war-risk coverage and is supported by combined indemnity capacity and a port-correspondent network. The pool is intended to maintain uninterrupted maritime war-risk insurance, build domestic underwriting capacity, strengthen maritime risk management, reduce foreign-market dependence and promote self-reliance in specialised insurance solutions.
    July 30, 2026
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    Cloud-native digital banking transformation integrates lending, cash management and liquidity tools while supporting scalable, resilient and compliant operations.
    Digital banking transformation through a cloud-native software-as-a-service platform entails migration from legacy systems to integrated deposits, lending, virtual account management and liquidity-management capabilities. Real-time data, artificial intelligence foundations, open APIs and event-driven architecture are intended to support digital banking products, corporate cash management and operational agility. Liquidity tools are designed to provide visibility and control over cash positions and working capital. The implementation is intended to deliver scalability, resilience, security and high availability while assisting regulatory compliance; projected benefits remain subject to risks and uncertainties.
    July 30, 2026
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    Workplace culture recognition highlights continued investment in employee wellbeing, inclusion, learning, collaboration and growth at a stockbroking firm.
    Workplace culture recognition was awarded to Kotak Securities through Great Place to Work Certification for a second consecutive year and inclusion among India's Best Workplaces in Investments 2026. The recognition followed assessment of employee feedback, workplace practices and organisational culture, reflecting employee trust, engagement and belonging. The company states that it will continue initiatives supporting employee wellbeing, learning and development, inclusion, collaboration and growth.
    July 30, 2026
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    Pro-competitive reforms strengthen market conditions through competition policy, investment review, trade facilitation, and reduced international regulatory barriers.
    Structural and pro-competitive reforms between 2010 and 2023 are assessed as reducing market distortions and strengthening competitiveness. The assessment covers property-rights protection, domestic competition and international competition, including the Goods and Services Tax, Insolvency and Bankruptcy Code, regulatory improvements and trade-facilitation modernisation. Further priorities include evidence-based competition policy, consumer-welfare review of sector-specific investment restrictions, and cooperation to address international regulatory barriers.
    July 30, 2026
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    Aadhaar enrolment access expands through a new service centre, with coordinated efforts focused on improving young children's coverage.
    Aadhaar enrolment in Manipur has reached approximately 87-88 per cent, with comparatively lower coverage among children aged 0-5 years. The first Aadhaar Seva Kendra in Imphal has been inaugurated to expand access to enrolment and Aadhaar-related services. The State Government is coordinating with welfare and health departments, hospitals and UIDAI to improve young children's enrolment, alongside services available through Deputy Commissioners' offices and authorised enrolment centres.
    July 30, 2026
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    Secured retail lending growth accompanied enhanced credit controls, digital lending processes, and branch expansion by a middle-layer non-banking finance company.
    IndoStar Capital Finance Limited, a middle-layer non-banking finance company registered with the Reserve Bank of India, reported growth in secured used-vehicle finance and micro loans against property for the quarter ended June 30, 2026. It reported higher disbursements, assets under management and net interest income, alongside a lower weighted average cost of funds. The company also stated that it strengthened underwriting, customer-selection filters, scorecards and early-warning systems, while advancing electronic lending processes and expanding its branch and micro-loans-against-property network.
    July 30, 2026
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    Gold demand trends show central bank buying and OTC investment offsetting weaker ETF and jewellery demand.
    Global gold demand remained broadly unchanged during the April-June quarter, with reduced gold exchange-traded fund, bar and coin investment offset in part by over-the-counter investment supported by Asian investors. Central banks and official institutions increased net additions to gold reserves, while high prices reduced jewellery volumes and encouraged demand for lighter products. Total supply was unchanged as increased mine production was offset by lower recycling. Investment is expected to drive future demand, while high prices may continue to constrain jewellery demand and recycling.
    July 30, 2026
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    Sports infrastructure PPP framework enables private stadium operation while requiring free coaching, child protection compliance, and student performance tracking.
    The PPP framework permits private operators to modernise, operate and maintain school sports stadiums at their own cost, while providing free organised sports training to enrolled students. Operators may commercially offer paid coaching and facilities to external users outside school hours, subject to student-related obligations. Selection is based on technical eligibility and detailed evaluation of sports, PPP, operational and technology capabilities. Agreements have an initial five-year term, with possible extension based on performance, mutual consent and public interest. Child-protection compliance, bank-routed transactions and disqualification for insolvency or statutory and child-safety violations apply.
    July 30, 2026
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    Quarterly financial reporting highlights operational growth, FDA inspection compliance, product integration, and prior insolvency proceeds in pharmaceutical operations.
    Quarterly financial reporting records revenue growth and improved EBITDA performance across CDMO, Complex Hospital Generics and Consumer Healthcare operations. CDMO growth was linked to order inflows, higher capacity utilisation, pricing discipline and commercial expansion, while quality compliance included an Establishment Inspection Report for the Sellersville facility and continued Zero Official Action Indicated status. The prior-year exceptional item related to one-time insolvency proceeds from a supplier claim filed before the NCLT. Consumer Healthcare growth was attributed to power brands, e-commerce, premiumisation, pricing and cost optimisation.
    July 30, 2026
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    Proposed e-Way Bill enhancements remain on hold, with no production changes required pending further communication.
    Proposed e-Way Bill enhancements have been kept on hold until further notice. Stakeholders are not required to make production-environment changes pursuant to the earlier advisories concerning those enhancements. The related advisories and FAQs are to be withdrawn from the GST Portal pending further communication.
    July 30, 2026
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    Innovation-led industrial growth promotes deep-tech investment, startup commercialisation, technology-enabled MSMEs, quality manufacturing and global market expansion.
    Innovation-led industrial growth is linked to deep technology, research and development, skilled manpower, startups, MSMEs and globally competitive manufacturing. Public initiatives include long-term risk capital for emerging technologies, affordable computing capacity and semiconductor investment support. Startups are encouraged to move from prototypes to commercialisation through industry adoption and early domestic investment. Manufacturing and MSME policy emphasise technology adoption, automation, productivity, branding and uncompromising quality. Free Trade Agreements are presented as supporting global market access and export expansion.
    July 29, 2026
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    Fraudulent Aadhaar enrolment allegations involve forged supporting documents, misuse of operator credentials, remote access, and continuing investigation.
    Forgery of Indian identity and supporting documents is alleged in an interstate racket using false birth, domicile and school certificates to obtain Aadhaar cards for foreign nationals. The racket allegedly misused authorised Aadhaar enrolment operator login credentials and used virtual private networks and remote access to enrol applicants. The alleged mastermind was arrested, and investigation, including proposed custodial interrogation, remains ongoing.
    July 29, 2026
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    Citizenship proof requires more than identity, tax, electoral or banking records when nationality remains unestablished.
    Voter identity cards, Aadhaar cards, PAN cards and bank-account records were treated as non-conclusive proof of Indian citizenship. The petitioner and detainee were required to establish citizenship under the Immigration and Foreigners Act, 2025, and an appeal against deletion from electoral rolls did not itself satisfy that burden. The inability to identify the burial locations of the detainee's parents prevented proposed DNA-based verification and supported an adverse inference concerning their citizenship.

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      Customs & Trade

      India's Market Opportunity is Growing, and the Trade is Taking Notice

      August 4, 2026

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      imm India 2026 brings India's furniture and interiors industry face-to-face, bringing together manufacturers, exporters, designers, retailers, and hospitality buyers in one place for three days that matterNew Delhi, Delhi, India (NewsVoir)
      India designs and manufactures some of the finest furniture, handicrafts, rugs, and home décor in the world. A significant share of it leaves the country before most Indian buyers — retailers, interior designers, hotels, or developers — ever get to see it. imm india 2026 is built to fix that.
      Organised by Koelnmesse — the force behind imm cologne, one of the world's three largest furniture trade fairs — imm india 2026 takes place from 1–3 September 2026 at Yashobhoomi (IICC), Dwarka, New Delhi. It is India's integrated B2B sourcing platform where global and domestic demand meets India's manufacturing depth under a single roof — across furniture, home décor, rugs and carpets, mattresses, and handcrafted collections.


      The response from the domestic trade community has been unprecedented. Architects and interior designers, real estate developers, retailers and wholesalers, HoReCa professionals, buying houses, and sourcing agencies have signed up in numbers that reflect a genuine industry hunger for a platform of this kind — one that offers direct manufacturer access, design-forward product, and the kind of business conversations that do not happen over a catalogue or a portal.


      Speaking on the platform’s growing relevance, Mr. Milind Dixit, Managing Director, Koelnmesse Pvt. Ltd., said, "imm india 2026 is not just another exhibition — it is a bold statement of India's readiness to lead the global furniture and interiors conversation. Our vision is to create a marketplace where Indian manufacturers connect seamlessly with global demand, where design meets business, and where long-term partnerships are built."
      imm india serves both directions of the supply chain simultaneously. On one side, over 100 confirmed exhibitors — many of them export-ready manufacturers who typically prioritise international orders — now have a structured platform to engage India's domestic trade buyers directly. On the other side, domestic buyers get what they have rarely had: access to export-quality, design-led product, at source, with the maker in the room.


      For an architect or interior designer, that means touching material, briefing a manufacturer to specification, and sourcing something genuinely distinctive for a project — not another off-the-shelf option. For a retailer or distributor, it means first-mover access to new collections before they reach the wider market. For HoReCa professionals and real estate developers, it is direct procurement at project scale — cutting out the agent, closing the margin gap, and briefing the supplier face-to-face.


      The global trade environment is adding momentum to this domestic story. The recently finalised EU–India Free Trade Agreement and the India–UK Comprehensive Economic and Trade Agreement (CETA) — providing duty-free access for 99% of Indian furniture, home décor, and handicraft exports into Europe and the UK — are significantly elevating India's position as a global sourcing destination. What this means for domestic buyers is material: manufacturers who are now internationally competitive are exhibiting at imm india. The product on the floor has been built to global specification.


      Mr. C.P Sharma, President – Handloom Handicraft Exporters Welfare Association (HHEWA), COA Member, PDEXCIL (Ministry of Textiles, Government of India invited COA EPCH, said, "HHEWA is pleased to partner with imm india to create new business and export opportunities for India's handicraft and home décor exporters. Together, HHEWA and imm india are committed to supporting the growth, visibility, and global competitiveness of Indian exporters."
      Mr. Bharat Dinesh, President, Jodhpur Handicrafts Exporters Association, said, "imm india marks a defining step for India's furniture and interiors industry. It gives our members and the wider ecosystem a focused global platform to showcase Indian design, connect with serious buyers, and build partnerships that strengthen India's position in global trade."
      The show floor spans furniture, rugs and carpets, home décor, surfaces, kitchen solutions, mattresses, and handcrafted collections, with confirmed exhibitors including Source, Sunrise International, Sheela Foam Limited, Obeetee Pvt. Ltd., Phoenix Industries Ltd., Royal Rugs, Khivraj Handicrafts, Sankara Furniture Designs, Metaltech Design, Saraf Exports, Tapisserie Home, The Furniture Folks, and Mahesh Handicrafts — alongside 100+ total exhibitors spanning major manufacturing hubs from Jodhpur and Moradabad to Karur and Saharanpur.


      Alongside the domestic trade opportunity, imm india 2026 is hosting a structured International Hosted Buyer Programme — bringing confirmed trade delegations from the USA, Australia, UK, Germany, France, Netherlands, Denmark, Spain, Oman, Mexico, Egypt, Israel, Romania, UAE, and other key markets. For Indian exhibitors, this means qualified international buyers on the floor — not a projection, a confirmed programme.


      The event is backed by India's broadest industry coalition for a furniture and interiors platform. imm india 2026's supporting associations include JHEA, AMK, HHEWA, Buying Agents Association (BAA), and AFMI – Association of Furniture Manufacturers of India (Exclusive Partner). Further support from The Handicrafts Exporters Association Moradabad, Bagru Industrial Association, AACC, IETO, ICC, Kirti Nagar Timber & Furniture Dealers Association, and KHEXMASS creates a pan-India coalition spanning every manufacturing cluster, trade body, and buyer segment of consequence.


      Beyond sourcing, imm india 2026 will host industry conferences and knowledge sessions curated with the architecture and interior design community, and the imm india Excellence Awards — recognising innovation, sustainability, craftsmanship, and design excellence across Indian manufacturing.


      India's furniture and interiors industry has always been globally competitive. imm india 2026 is the platform where that competitiveness meets the domestic market it has largely bypassed — and where the international market it is now entering comes to confirm what it has been hearing. Three days. One address. The industry's full range. That is what September 1–3 in New Delhi looks like.


      Registration is free for qualified trade visitors. To register or learn more: www.imm-india.com.


      Koelnmesse – Global Inspiration for Living, Contract and Public Spaces Koelnmesse is the world’s top trade fair organiser for the areas of Living, Contract and Public Spaces. Leading international trade fairs such as ORGATEC, interzum, FSB, aquanale and spoga+gafa come together at the Cologne trade fair location to form renowned and established industry meeting points. This strong portfolio is further enhanced by imm cologne and idd cologne, both of which are also held in Cologne. These fairs comprehensively represent the interior and design segment, the furniture and interior construction industries' supplying sections, the kitchen world, all topics for the modern working world, garden lifestyle as well as modern work environments, the garden lifestyle, public spaces, sports and leisure facilities, along with saunas, pools and wellness centres.


      Beyond that, Koelnmesse is strategically expanding its portfolio in international growth markets. The imm brand family includes imm india and IFFINA+ powered by imm cologne in Indonesia. The ORGATEC brand has established a global footprint with ORGATEC Tokyo, ORGATEC India, and ORGATEC WORKSPACE Saudi Arabia. The international presence of the interzum brand extends to interzum guangzhou, interzum bogota, interzum jakarta, and the interzum forum italy. The FSB brand is also internationally active, with the FSB Sports Show Riyadh and the FSB Forum Italy in Bergamo. Furthermore, the portfolio features La Feria De Diseño Medellín powered by idd cologne in Colombia.


      imm india on LinkedIn: www.linkedin.com/company immindiaofficial imm india on Facebook: www.facebook.com/immindiaofficial/ imm india on Instagram: www.instagram.com/immindia_official/
      (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR

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