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    India–Chile CEPA Negotiations Advance; Commerce Secretary Shri Rajesh Agrawal Meets Chilean Vice-Minister Paula Estévez Weinstein
    Sugar prices remain firm across India despite govt measures to check rise
    Keralam MVD to introduce Aadhaar OTP verification for 60 more services from Sept 21
    Dissenting creditors alleged family-linked entities cast 61.78 pc votes that cleared Chandra's insolvency plan
    Over 2.63L appear in NEET-PG; re-test announced for candidates at 2 Jaipur centres
    Delhi Lakshmi Yojana RD maturity set for July 2029, year of next Lok Sabha polls
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    Judiciary proactively responded to emerging fraudulent schemes like digital arrest: CJI
    After HC rap, FDA withdraws licence cancellation and suspension orders against Cipla, MCA eateries
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    Commerce Secretary Shri Rajesh Agrawal Leads 4th India–Argentina JTC Meeting; Both Sides Reaffirm Commitment to Deepen Strategic and Economic Partne...
    MCA convenes ‘Tech for Professionals’ Workshop on Building India’s Digital Infrastructure for Professional Services
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    Sebi bars Debock Industries, its MD Mukesh Singh for 7 years; slaps penalty
    CPI(M) hits out at NCLT over Subhash Chandra's Rs 6.5-Cr repayment plan against Rs 22,006-Cr claims
    Good corporate governance central to India's development: Jitendra Singh
    DHFL case: ED freezes bank deposits worth Rs 51.75 crore
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August 31, 2026
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India-Chile CEPA negotiations seek a balanced framework to expand trade, investment, technology cooperation and resilient supply chains.
India-Chile CEPA negotiations are being advanced toward conclusion by the end of the year through a balanced and commercially meaningful framework. The proposed partnership is intended to strengthen bilateral economic ties, expand trade and investment, and create equitable opportunities for businesses and people in both countries. Cooperation is envisaged in technology, talent and resilient supply chains, alongside enhanced engagement in healthcare, pharmaceuticals, energy, minerals, agriculture, machinery and engineering.
August 30, 2026
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Sugar price controls face persistent retail and wholesale price firmness despite duty-free imports, stockholding restrictions, and export prohibition.
Sugar retail and wholesale prices remained elevated despite measures intended to curb price increases, including duty-free imports of raw sugar, tighter stockholding norms for bulk users and dealers, and a prohibition on sugar exports. Ex-mill rates declined following the permitted duty-free imports, although customary margins continued between ex-mill, wholesale, and retail prices. Projected sugar production is lower than earlier estimates, while annual domestic demand remains substantial.
August 30, 2026
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Aadhaar OTP verification expands online vehicle and licensing services, reducing physical visits and curbing intermediary exploitation.
Aadhaar-based OTP verification will be extended to additional vehicle- and driving-licence-related services through the Vahan and Sarathi portals. The digital arrangement is intended to reduce physical visits to transport offices, prevent intermediary exploitation arising from delayed processing, and enable applications to be processed on a first-come, first-served basis. Physical attendance will remain necessary for vehicle inspections, identification of legal heirs, personal hearings, and authentication where Aadhaar OTP verification fails.
August 30, 2026
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Related-party creditor voting in personal insolvency turned on whether the debtor held majority ownership or direct board control.
Dissenting lenders challenged the admission and voting rights of five creditors alleged to be family-linked associate or related entities, contending that their voting share enabled approval of a personal insolvency repayment plan. They alleged invalid post-moratorium guarantee invocations, undisclosed liabilities, inadequate claim scrutiny and incorrect voting-share computation. The third member rejected the voting-rights challenge, treating associate status as requiring the debtor's personal majority shareholding or direct board control, and accepted the repayment plan.
August 30, 2026
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Examination continuity and candidate fairness require re-examination where power failures prevent completion, alongside review of infrastructure accountability.
NEET-PG 2026 examination continuity was disrupted for candidates at two Jaipur centres because of internal power-supply failures attributable to the technological partner and examination-conducting agency. A re-examination has been scheduled for the affected candidates, with the venue and revised admit cards to be communicated separately. Action against the entities responsible for ensuring adequate examination infrastructure is under consideration.
August 30, 2026
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Women's monthly assistance eligibility restricts benefits to qualifying households and channels payments through deposits or restricted digital wallets.
Delhi Lakshmi Yojana provides monthly financial assistance to eligible women through recurring deposits and restricted Central Bank Digital Currency wallets. Recurring deposits are locked until July 31, 2029, subject to possible review of the maturity period after two years from launch. Eligibility requires a qualifying woman to be the eldest female family member, meet income, residence and voter-registration requirements, and satisfy household restrictions. Income-tax payers, GST filers, government employees, higher-electricity-consuming households and four-wheeler-owning households are excluded.
August 30, 2026
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Gasoline trade amid refinery disruptions relies on sanctioned fleets and dark ship-to-ship transfers, alongside continuing fuel export restrictions.
Russian refinery disruption has increased gasoline imports and made India a significant supplier of gasoline to Russia. Indian supplies were principally linked to the Vadinar refinery, and increased Indian purchases of Russian crude may mean exported gasoline was produced from Russian crude. Russia has retained a gasoline export ban while domestic production remains disrupted. India-origin cargoes imported during August were carried on sanctioned fleets and involved dark ship-to-ship transfers, including transfers conducted with automatic identification system signals switched off.
August 30, 2026
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Digital arrest fraud: judicial responses seek a distinct offence while preserving due process and proportionality in economic-crime enforcement.
Suo motu consideration of digital-arrest fraud reflects a proactive judicial response to video-call scams involving impersonation of police, judicial officials or bureaucrats. The Union and the States have been directed to assess the problem, with a call for a distinct offence carrying proportionate penalties. Economic-crime enforcement remains subject to safeguards requiring written grounds of arrest and preventing pre-trial detention from becoming punishment. Due process, proportionality and the presumption of innocence remain central constraints.
August 29, 2026
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Natural justice in licensing enforcement requires meaningful hearing and reasoned orders before cancellation or suspension of regulated operations.
Natural justice in regulatory licensing enforcement requires a meaningful hearing, proper legal analysis, and a reasoned decision before licence cancellation or suspension. Maharashtra FDA withdrew cancellation of drug-sale licences after criticism of the procedure adopted. Food-safety enforcement against restaurants was also reconsidered where the premises were substantially compliant, despite licences being issued to one entity and operations being conducted by another. A fresh notice, hearing on the contractual arrangement, and reasoned order were required before further licensing action.
August 29, 2026
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Food-safety licensing compliance supports reopening while contractual operation requires notice, hearing, and a reasoned regulatory decision.
Food-safety licence suspension of five eateries was reconsidered after a fresh inspection recorded 88 per cent compliance. The suspension had continued because a third-party operator ran the eateries while licences remained in the association's name, despite no identified legal prohibition. The Food and Drug Administration proposed a fresh notice, hearing, and reasoned order on the contractual arrangement, while current compliance permitted services to resume.
August 29, 2026
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Market access and regulatory cooperation advance agricultural, pharmaceutical, digital, and trade integration priorities across the bilateral economic partnership.
India-Argentina cooperation focused on expanding bilateral trade, reducing non-tariff barriers, facilitating investment, and strengthening market access. Sanitary and phytosanitary discussions progressed for Indian agricultural products, while pharmaceutical engagement covered regulatory upgrading and reduced entry barriers. Mining and lithium-sector engagement, digital services, space technology, telecommunications, artificial intelligence and digital infrastructure were identified as priority areas. The India-MERCOSUR Preferential Trade Agreement, Terms of Reference and digital certificates of origin were considered mechanisms for trade facilitation and economic integration. Business discussions addressed commercial partnerships across agriculture, minerals, energy, pharmaceuticals, healthcare, banking and telecommunications.
August 29, 2026
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Shared digital infrastructure for professional services aims to expand technology access, interoperability, capability development and secure adoption across firms.
MCA and IICA are developing a government-backed digital public good ecosystem for domestic professional services, particularly small and medium practices. The framework proposes curated technology access, learning and capability development, and knowledge and practice infrastructure. It is intended to improve access to technology and professional knowledge while complementing existing institutional and market-based systems. Consultations address interoperability, common standards, cybersecurity, affordable access, implementation, change management, openness, competition and technology adoption suited to differing levels of digital readiness.
August 29, 2026
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Methamphetamine trafficking enforcement targets concealed cross-border transport, with seizures, vehicle confiscation, arrests and stringent penalties under narcotics law.
Methamphetamine trafficking enforcement under the Narcotic Drugs and Psychotropic Substances Act, 1985 involved intelligence-led seizures of tablets in Assam and Mizoram, along with the vehicles allegedly used for transportation and arrests of two vehicle occupants. Field testing indicated the presence of amphetamine. The tablets were concealed in fabricated cavities within a truck and car, with preliminary investigation indicating alleged cross-border smuggling into Mizoram. Methamphetamine is a notified psychotropic substance, and illicit manufacture, possession, transportation and trafficking attract stringent penal consequences.
August 29, 2026
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IPO disclosure integrity triggers one-year market access bar for issuer and promoter-directors over fabricated quotation and misleading financial disclosures.
SEBI restrained Trafiksol ITS Technologies Ltd. and its promoter-directors from accessing or dealing in the securities market for one year and imposed monetary penalties over irregularities in its SME IPO. The action concerned overstated financial disclosures, inadequate disclosure of issue expenditure and a potential merchant-banker conflict, and proposed use of IPO proceeds based on a fabricated software-vendor quotation. The listing was deferred and IPO proceeds were placed in an interest-bearing escrow account. One promoter was directly involved in procuring the quotation, while the other failed to exercise due diligence.
August 29, 2026
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Securities market fraud involving fictitious transactions triggered market bans, disgorgement, fund restoration, and governance restrictions.
SEBI imposed securities-market restrictions, disgorgement directions and monetary penalties in relation to alleged accounting fraud involving fictitious sales, purchases, circular transactions and fraudulent ledger entries. The alleged inflation of financial results facilitated migration to the NSE main board and was followed by fraudulent preferential allotments, a bonus issue and a rights issue. Rights issue proceeds were found to have been diverted, requiring restoration with applicable interest. The company and its managing director received seven-year market prohibitions, with additional governance restrictions applying to the managing director.
August 28, 2026
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Insolvency debt settlements: political criticism alleges severe creditor haircuts favour influential corporate borrowers over ordinary debtors.
CPI(M) criticised approval of a repayment plan involving Zee Group founder Subhash Chandra, asserting that repayment of Rs 6.5 crore against creditor claims of Rs 22,006.57 crore undermines fairness in insolvency debt settlement. It alleged severe creditor haircuts and bias favouring influential corporate borrowers. The party linked the settlement to an alleged pattern of large borrowers resolving liabilities at steep discounts, shifting the burden to taxpayers and small depositors while smaller borrowers face coercive recovery measures.
August 28, 2026
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Corporate governance requires company secretaries to promote ethical practices, transparency, responsibility and institutional accountability across economic ecosystems.
Good corporate governance is central to development and depends on responsible governance, ethical practices, transparency, institutional accountability and professional excellence. Company Secretaries have an expanding role in strengthening governance practices through professional expertise. Professional institutions should promote governance standards, support institutional excellence, and evolve their practices in response to changing requirements. Their wider contribution lies in fostering a culture of ethical entrepreneurship, responsibility, transparency and sound governance.
August 28, 2026
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Proceeds-of-crime tracing prompts freezing of deposits linked to structured disposal of foreign property in a bank-loan fraud investigation.
Money-laundering investigation into alleged bank-loan fraud involving DHFL has resulted in the freezing of bank deposits held by Al Jalore Trading FZE under the Prevention of Money Laundering Act. A United Kingdom property was allegedly disposed of through a purported loan arrangement that created an encumbrance to settle an Indian liability. Sale proceeds were credited to Al Jalore Trading FZE's Indian bank account rather than to the registered owner, indicating alleged dissipation of proceeds of crime through a structured foreign-property transaction.
August 28, 2026
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Defence export authorisation reform streamlines consultations, expands unified licences, and facilitates eligible exporters' access to international markets.
Open General Export Licence arrangements permit eligible exporters to self-generate authorisations for multiple consignments of specified defence items without obtaining separate authorisation for each consignment. Three existing licence procedures are consolidated into a unified framework. Licence validity is extended to three years, and territorial coverage is expanded to all countries other than negative or sensitive nations and destinations subject to United Nations Security Council sanctions or arms embargoes. Eligible companies with long-term foreign original equipment manufacturer agreements may obtain licences aligned with the underlying contract, subject to prescribed conditions.
August 28, 2026
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IPO approval enables Jio Platforms to issue fresh equity shares, with proceeds earmarked for subsidiary debt repayment and corporate purposes.
SEBI's final observations enable Jio Platforms Ltd to proceed with an initial public offering comprising up to 27 crore newly issued equity shares. The transaction is structured as a fresh issue of shares. Offer proceeds are primarily allocated towards repayment or prepayment of outstanding borrowings of Reliance Jio Infocomm Ltd, Jio Platforms' material subsidiary, with the balance designated for general corporate purposes.

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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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