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    Standard Chartered Accelerates India's GCC Growth with its Global Banking Expertise and 25 Years of GCC Experience
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    India's exports rise 19.63 pc to USD 44.24 bn in Jul; trade deficit widens to $31.98 bn
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August 13, 2026
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Global Capability Centre banking support connects offshore and onshore operations to simplify financial management and enable cross-border expansion.
Global Capability Centre banking support is positioned around connected offshore and onshore banking, international network access, digital banking platforms, and expertise in treasury centres, cross-border corporates, and evolving GCC operating models. The approach seeks to simplify financial operations and support GCC expansion across global markets. India's GCC ecosystem is characterised as a leading global capability hub, with capability centres evolving into strategic enterprise hubs requiring support for operational and financial complexities across markets.
August 13, 2026
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Investment banking registration enables regulated cross-border offerings, listings, debt transactions and capital-market advisory through GIFT City.
IFSCA registration under the IFSCA (Capital Market Intermediaries) Regulations, 2025 authorises Nexent Capital IFSC Private Limited to operate as an investment banker from GIFT City. Permitted activities include management of initial and follow-on public offerings, SPAC and secondary listings, depository receipt issuances, debt capital-market transactions, and other capital-market advisory mandates. The firm proposes to provide transaction structuring, listing-readiness, execution and post-listing capital-markets support for companies seeking capital raising and listing opportunities through GIFT City's exchanges.
August 13, 2026
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Merchandise export growth was driven by petroleum, electronics, engineering and marine goods, while rising imports widened the trade deficit.
India's merchandise exports increased in July, while imports also rose and widened the trade deficit. Export growth was attributed to higher overseas shipments of petroleum products, electronics, engineering goods and marine goods. Exports and imports both recorded growth during the April-July fiscal period, and exports to West Asian countries increased in July.
August 13, 2026
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EXIM operations at international seaport to commence after customs clearance, bonded-area establishment, and temporary highway connectivity.
Vizhinjam International Seaport is scheduled to commence EXIM operations after Customs clearance, issuance of Customs notifications, establishment of a Customs-bonded area, and temporary connectivity to NH-66. The port had previously handled transshipment operations. A proposed transfer of a stake in the port concessionaire to a foreign shipping company remains under committee examination and requires Central Government consideration of strategic and security aspects.
August 13, 2026
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Renewable energy reliability requires storage, grid readiness and ancillary service markets alongside competitive clean-power procurement.
Renewable energy procurement is shifting beyond lowest tariffs towards dependable, dispatchable and affordable clean power, assessed through capacity value, balancing capability and system economics. Storage-backed renewable and hybrid projects can improve renewable utilisation, reduce variability and curtailment, and support peak demand. Higher renewable penetration also requires supportive storage policies, timely approvals, aligned intrastate transmission planning, stronger distribution infrastructure, and market mechanisms for ramping reserves, frequency response and fast-response balancing services.
August 13, 2026
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Accredited Investor certification facilitates eligible investors' access to alternative investment products, lower thresholds and applicable regulatory flexibilities.
SEBI's Accredited Investor framework enables eligible investors and entities to obtain certification that may allow lower minimum investment thresholds for Portfolio Management Services, Alternative Investment Funds and other alternative investment products, along with applicable regulatory flexibilities. PMS Bazaar and NSDL Database Management Limited's Accreditation Agency facilitate end-to-end applications, subject to required documentation and prescribed payment. Assistance is available to individual investors and eligible clients of investment providers without additional platform, service or processing charges, while prescribed certification fees remain payable.
August 13, 2026
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Manufacturing GVA growth under the revised national accounts series highlights stable sectoral contribution and resilience-focused industrial measures.
Manufacturing performance is assessed under the revised National Accounts Statistics series using 2022-23 as the base year. Manufacturing's share of total Gross Value Added at current prices remained broadly stable through 2025-26, and Manufacturing GVA at constant prices achieved a compounded annual growth rate of 10.88% from 2022-23 to 2025-26. Production Linked Incentive schemes, logistics and industrial-corridor measures, semiconductor initiatives, and MSME support seek to strengthen domestic manufacturing, diversify supply chains, reduce import dependence, and improve resilience.
August 13, 2026
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Electronic inspection and certified copies expand digital access to judicial records while supporting efficient case management and reduced delays.
NCLT has launched e-Inspection and e-Certified Copy Services for faster and more convenient access to judicial records and certified copies by advocates, litigants and other stakeholders. The services support a technology-enabled Registry framework and transparent, efficient justice delivery. Pendency monitoring, workload redistribution, Special Benches, maximisation of court time, and registration and listing guidelines are intended to improve case management, optimise limited judicial resources and reduce avoidable delays.
August 13, 2026
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CBDC-based food subsidy transfers enable eligible beneficiaries to use Digital Rupee wallet credits for traceable foodgrain purchases.
CBDC-based Direct Benefit Transfer under the Pradhan Mantri Garib Kalyan Anna Yojana will credit eligible beneficiaries' food subsidies as programmable Digital Rupee tokens directly into CBDC wallets. Beneficiaries may use these credits to purchase foodgrains from empanelled merchants through secure, real-time and traceable payments, replacing conventional bank-account transfers. The model is intended to improve traceability, reduce leakages and cash handling, enable real-time monitoring of subsidy use, and provide a scalable framework for CBDC integration with welfare schemes.
August 13, 2026
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Preferential trade agreement negotiations begin under agreed terms covering market access, origin rules, trade remedies and dispute settlement.
India and the Southern African Customs Union have signed Terms of Reference to commence negotiations for a Preferential Trade Agreement. Negotiations are envisaged on trade in goods and market access, rules of origin, customs procedures and trade facilitation, trade remedies including bilateral safeguards, sanitary and phytosanitary measures, technical barriers to trade, dispute settlement, and legal and horizontal provisions. The Terms of Reference establish the negotiating framework only; preferential tariff treatment and other operative commitments depend on conclusion of a final agreement.
August 12, 2026
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Prepaid plan restructuring eliminates mid-tier daily-data options and channels subscribers toward higher-priced plans with expanded data access.
Bharti Airtel has discontinued prepaid plans combining 1.5 GB daily data allowances with unlimited calling, directing subscribers towards higher-priced plans with expanded data access, including unlimited 5G data. The restructuring reduces low-priced unlimited-data offerings and changes the pricing architecture for customers using discontinued mid-tier plans. Management links tariff repair to differentiated mobile-plan categories and sustained average revenue per user growth.
August 12, 2026
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Insolvency professional conduct faces money-laundering allegations over re-admitted claims, creditor committee changes, and a connected resolution applicant.
Enforcement action under the Prevention of Money Laundering Act concerns allegations that an insolvency professional re-admitted claims earlier rejected as spurious and fraudulent during the Corporate Insolvency Resolution Process. The alleged re-admission altered the Committee of Creditors' composition and facilitated consideration of a resolution plan allegedly submitted for, and funded through an entity controlled by, a company promoter under investigation for diversion of bank-loan funds. Adverse findings reportedly included acting beyond authority by relying on fabricated and improperly submitted material.
August 12, 2026
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Identity document forgery allegations prompt investigation into fraudulent Aadhaar updates and falsified government and educational certificates.
Alleged forgery and misuse of identity-related records are under investigation following operations at Aadhaar centres. Seized materials reportedly include forged birth, educational, residence, caste and citizenship certificates, records bearing forged signatures and seals, and equipment used for Aadhaar updates. Four persons were arrested in two operations for allegedly preparing forged records and using them to update Aadhaar cards. Cases have been registered under relevant provisions of the Bharatiya Nyay Sanhita, with investigation continuing into the extent of the alleged network.
August 12, 2026
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Holding-company governance succession follows leadership departure, requiring transition planning amid unresolved strategy, capital allocation, board representation and listing questions.
Tata Sons' leadership succession and governance framework have become central following the chairman's decision not to seek reappointment when his term ends in February 2027. The board has been asked to decide on a successor promptly. Unresolved matters include the strategic roadmap, losses and capital requirements in newer businesses, board representation, capital allocation, an exit route for the Shapoorji Pallonji Group, and the possible listing of Tata Sons. Future leadership must manage these issues while improving returns from investment-intensive businesses and maintaining established operations.
August 12, 2026
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Interest-rate regulation for loans and advances proposes harmonised fixed and floating loan-pricing principles across regulated entities.
Interest-rate regulation for loans and advances is proposed to be harmonised across all regulated entities through a principles-based framework for fixed-rate and floating-rate loans. The framework would be calibrated to each entity's nature, complexity and scale, while supporting monetary policy transmission, credit-risk-based pricing, and fair, non-discriminatory borrower treatment. It addresses divergent commercial-bank practices in determining the marginal cost of funds-based lending rate and its components, alongside limited regulatory coverage of fixed-rate loans. Separate final directions are intended for each category of regulated entity after consideration of feedback.
August 12, 2026
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Elevated crude oil prices and Tata leadership transition drove broad equity market selling amid inflation concerns.
Indian equity markets declined amid elevated crude oil prices, inflation concerns and broad risk-off selling. Tata Group shares, particularly TCS, came under pressure after N. Chandrasekaran announced that he would not seek reappointment as Tata Sons Chairman when his current term ends. Crude oil prices approaching the USD 90-per-barrel level affected investor confidence because of potential inflationary effects, while uncertainty over United States-Iran negotiations and Strait of Hormuz shipping disruptions added to global energy market concerns.
August 12, 2026
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Trade sovereignty and energy security underpin calls to resist tariff pressure and protect sensitive sectors in bilateral negotiations.
Trade sovereignty and energy security are advanced as grounds for resisting tariff pressure linked to Indian purchases of Russian crude. Bilateral trade negotiations should proceed through equality, reciprocity and mutual respect without compromising agriculture, dairy, energy security or strategic autonomy. Concerns are also raised over removal of e-commerce inventory restrictions for foreign direct investment and over proposed Merchant Discount Rate charges on UPI transactions. Withdrawal of the inventory measure and opposition to payment-provider charges are urged, alongside possible restrictions on United States technology and social-media companies and consumer boycotts of American goods and services.
August 12, 2026
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Fair trading practices and circular production are promoted to strengthen Make in India and expand global market participation.
Trade and industrial policy messaging encourages businesses to digitise operations, adopt good manufacturing practices, follow fair trading practices, and promote recycling, reuse and a circular economy. Nine free trade agreements are identified as creating preferential market-access opportunities for Indian industry and businesses. MSMEs, entrepreneurs, farmers, fishermen, workers and the services sector are encouraged to expand Indian products and services globally, improve competitiveness through scale, and strengthen the quality, design and brand value associated with Make in India.
August 12, 2026
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Private capital mobilisation requires credible long-term frameworks, risk-sharing mechanisms, and multilateral partnerships to strengthen infrastructure investment.
Private capital mobilisation in infrastructure and development finance depends on credible long-term frameworks, investor confidence, project bankability, and balanced risk allocation. Public capital is intended to catalyse rather than replace private investment. Key financing mechanisms include Viability Gap Funding, the Hybrid Annuity Model, credit enhancement, and Infrastructure Investment Trusts. Long-term investment visibility and coordinated connectivity are supported through the National Infrastructure Pipeline and PM Gati Shakti framework, alongside investment measures for freight, rail, waterways, and coastal cargo.
August 12, 2026
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Judicial allowance exemptions under the new tax regime remain disputed, with return processing and resulting demands kept in abeyance.
Tax treatment of specified judicial allowances under the new income-tax regime is disputed. Statutory service-condition provisions are asserted to exclude allowances, including official residence, conveyance, sumptuary allowance and leave travel concession, from income computation and to override the Income-tax Act. Pending consideration, affected judges may show these amounts as receipts not in the nature of income, and their returns are not to be processed further. Any resulting demand remains in abeyance, while refundable amounts are withheld subject to the pending proceedings.

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A Quarter-Century of Trade. One Unbroken Connection.

September 1, 2026

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AILBIEA celebrates its Silver Jubilee on 11 September 2026 at Hotel Trident, Nariman Point, Mumbai — a full day of trade dialogue, tributes to Shri Nadir B. Godrej and Shri M. P. Tapariah, and the Stellar Awards Mumbai, India: The All India Liquid Bulk Importers & Exporters Association (AILBIEA), the apex national body for India's liquid bulk trade, will celebrate its Silver Jubilee on Friday, 11 September 2026 at Hotel Trident, Nariman Point, Mumbai — a Knowledge Conference from 10:00 a.m. to 4:00 p.m., followed by the Silver Jubilee Evening at the Regal Ballroom from 6:21 p.m. onwards, featuring special tributes to Shri Nadir B. Godrej and Shri M. P. Tapariah, and the AILBIEA Silver Jubilee Stellar Awards.

Founded in 2000, AILBIEA is the unified voice of India's liquid bulk ecosystem — chemicals, petrochemicals, solvents, edible oils, petroleum products and LPG — with leading member organisations, anchored by founding members and key partners Godrej Industries Ltd, Hindustan Unilever Ltd, Aegis Logistics Ltd, Supreme Petrochem Ltd and VVF India Ltd. For twenty-five years, it has served as a trusted bridge between industry and Government, engaging the Ministry of Finance, CBIC, the Ministries of Commerce & Industry and of Ports, Shipping & Waterways, Port Authorities and Customs Commissionerates nationwide.

The Knowledge Conference — India in Full Flow: The Decade of Demand Themed “India in Full Flow — The Decade of Demand”, the Knowledge Conference (10:00 a.m. – 4:00 p.m.) brings together industry leaders, top CEOs and CFOs, senior Ports, Revenue and Customs officials, and key policymakers across focused masterclasses and a flagship supplier-centric panel: • Global Trade Facilitation & the AEO Advantage — Dr. Joshua Ebenezer, Founder & Principal Consultant, NuCov Facili-Trade.

• Customs Integrated Systems 2.0 — senior CBIC leadership on India's next-generation customs technology backbone.

• Safeguarding the Enterprise in the GSTAT Era — Shri S. K. Rahman, IRS, Technical Member (Centre), GST Appellate Tribunal, on customs and GST dispute preparedness.

• Geopolitics & Maritime Risk — Capt. Pankaj Kapoor, Managing Partner, Quadraant Legal, on the Middle East crisis and India's sea-borne trade.

• Flagship Supplier Panel — global suppliers of edible oils, chemicals and petrochemicals, featuring Reece H. Cannady, U.S. Grains & BioProducts Council (USA), and Indrajit Vishwanath, Abacus Chemie (UAE); further Panelists to be announced.

The conference culminates in an inspiring leadership session by Capt. Raghu Raman, whose talks have been viewed over 100 million times. His four decades career, spans the hierarchy-driven culture of the Armed Forces, incentive-led organisations such as Mahindra, Reliance, Adani and the process-oriented world of bureaucracy. He was handpicked by the Government of India as the founding CEO of the National Intelligence Grid, created after the 26/11 attacks, at the rank of Secretary to GOI.

The Silver Jubilee Evening (6:21 p.m. onwards, The Regal Ballroom) features a twin tribute to Shri Nadir B. Godrej, Chairman Emeritus, Godrej Industries Ltd., an icon of Indian industry, and Shri M. P. Tapariah, Managing Director, Supreme Petrochem Ltd., a stalwart of India's petrochemicals story — followed by the AILBIEA Silver Jubilee Stellar Awards.

The occasion will also mark the official India launch of AGS 360 — India's first integrated Digital Maritime Information & Intelligence Application, bringing key port information, vessel tracking, port call estimates and maritime intelligence onto one platform. Atlantic Global Shipping (AGS) is the Digital Partner for the Silver Jubilee celebrations. Media Partners: Daily Shipping Times, EXIM India, and friends from the Logistics & Media Ecosystem.

Guests of Honour & Distinguished Dignitaries AILBIEA is proud to welcome Shri R. Venkataramani, Attorney General for India as our Most Valued Guest of Honour. Confirmation is awaited from Hon'ble Union Ministers and further senior dignitaries. Also gracing the celebrations, the leadership of India's customs and port administration: • Shri Yogendra Garg, IRS, Special Secretary (GoI) & Member (Customs), CBIC* • Dr. M. Angamuthu, IAS, Chairman, Mumbai Port Authority • Shri Gaurav Dayal, IAS, Chairman, Nhava Sheva (Jawaharlal Nehru) Port Authority • Shri Sushil Kumar Singh, IRTS, Chairman, Deendayal Port • Shri Anupam Prakash, IRS, Joint Secretary (Customs), CBIC • Shri Mayank Kumar, Principal Chief Commissioner of Customs, Mumbai Zone I • Shri Vimal Kumar Srivastava, Chief Commissioner of Customs, Mumbai Zone II They will be joined by senior officials from the Mumbai, Nhava Sheva and Kandla port and customs ecosystem, industry leadership and international trade partners. (* - tentatively confirmed, awaiting final confirmation) Advocacy That Delivers The Silver Jubilee caps a defining year: AILBIEA led a joint inter-ministerial engagement on port congestion before the Hon'ble Union Ministers of Commerce & Industry and of Ports, Shipping & Waterways; deposed before the Parliamentary Standing Committee on Commerce; was privileged to participate and speak at the National Symposium on Customs Reforms; and remains an active voice in the Customs Consultative Group.

Shri Jayant Lapsia, President, AILBIEA, said: "For twenty-five years, AILBIEA has stood on a simple conviction — when industry and Government speak with trust, trade moves faster and the nation gains. This Jubilee belongs to everyone who built that trust with us. We gather to celebrate the past and chart the next twenty-five years — together." Register for the Knowledge Conference Registration Link: https://forms.gle/u6vB6JTbCVE5VcJc9 Scan to register your interest in the Knowledge Conference.

The AILBIEA Secretariat will revert with participation details. Or register at forms.gle/u6vB6JTbCVE5VcJc9. The Silver Jubilee Evening is strictly by invitation only.

RSVP & Media Contact AILBIEA Secretariat | [email protected] | +91 22-6155 9910 / 6155 9999 | www.ailbiea.com 1011, Mighty (Universal Majestic), 10th Floor, Near RBK International Academy, Ghatkopar Mankhurd Link Road, Chembur (W), Mumbai – 400 088, India One Industry. One Voice. Twenty-Five Years of Excellence.

(Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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