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    July 14, 2026
    UP RERA to facilitate GST refund for homebuyers, warns builders against excess levy
    July 14, 2026
    India, UK trade pact to come into force from July 15: An Explainer
    July 14, 2026
    WPI inflation rises to 9.87 pc in June; minerals, food items see price spike
    July 14, 2026
    SC adjourns suo motu case on NCLT vacancies, infrastructure; says appointments process underway
    July 14, 2026
    CBN Madhya Pradesh Unit busts high-tech MD manufacturing lab in Pune; Two masterminds arrested from Ujjain and Jodhpur under multi-city ‘Operation V...
    July 14, 2026
    DRI busts several wildlife trafficking networks across India operations
    July 14, 2026
    CCI imposes penalty on HP India and its certain resellers for indulging in anti-competitive practices in supply of Supplies products
    July 14, 2026
    CCI imposes penalty on HP India and its certain resellers for indulging in anti-competitive practices in supply of personal system products
    July 14, 2026
    China's exports surge 27% from year earlier as AI boom drives strong demand
    July 13, 2026
    ED attaches over Rs 50 cr in assets in crypto 'fraud' case
    July 13, 2026
    Framework deal is ready, to be signed at right time: Comm Secy on India-US trade pact
    July 13, 2026
    US citizen found guilty of helping export tech to Iran in violation of sanctions
    July 13, 2026
    SC upholds SEBI action against Kotak AMC, says compliance with securities regulations mandatory
    July 13, 2026
    Rupee falls 30 paise to close at 95.68 against US dollar
    July 13, 2026
    'Coal scam': Delhi court dismisses ED case against ex-MP Vijay Darda, son Devendra, others
    July 13, 2026
    Court rejects bail plea of Jammu-based editor accused of impersonating PMO officer, cheating people
    July 13, 2026
    TMC's Mamata Banerjee faction moves HC seeking permission to operate bank accounts frozen by ED
    July 13, 2026
    ED conducts raids in 'work-from-home scam' case
    July 13, 2026
    21 pc YoY rise in engineering exports in June shows sector''s resilience amid global challenges: EEPC
    July 13, 2026
    NABARD key partner in rural infra development: Rajasthan chief secretary
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    July 14, 2026
    UP RERA to facilitate GST refund for homebuyers, warns builders against excess levy
    Show AI Summary
    Excess GST collection requires promoter refund or direct GST claims by eligible homebuyers after credit-note deadlines expire
    Registered real estate promoters must collect GST from homebuyers only at notified rates and refund any excess collection or issue a credit note where legally permissible. If a project is cancelled, an agreement terminated, or an allotment revoked after the statutory credit-note period expires, an eligible unregistered allottee may seek a direct GST refund by obtaining temporary registration through a PAN and filing Form GST RFD-01 with proof of tax payment, supporting documents, and a promoter-issued certificate. Claims must be filed within two years and remain subject to GST verification.
    July 14, 2026
    India, UK trade pact to come into force from July 15: An Explainer
    Show AI Summary
    India-UK trade pact expands preferential market access, with phased automobile tariffs, procurement rights, origin rules and intellectual-property safeguards
    The India-UK Comprehensive Economic and Trade Agreement provides duty-free or reduced-duty access for nearly 99% of Indian exports to the UK and phased tariff reductions for specified UK goods entering India. Automobile concessions are subject to quotas and differentiated treatment for conventional, electric, hybrid and hydrogen vehicles. Alcoholic-beverage concessions depend on phased tariff reductions and minimum import prices, while specified products remain excluded. The agreement covers government procurement, stronger intellectual-property enforcement while preserving compulsory licensing, temporary social-security contribution relief for transferred employees, and rules of origin requiring specified production, processing or value addition for preferential tariffs.
    July 14, 2026
    WPI inflation rises to 9.87 pc in June; minerals, food items see price spike
    Show AI Summary
    Wholesale inflation rises as mineral, food, fuel and non-food prices intensify, complicating RBI's inflation-management mandate.
    Wholesale Price Index inflation increased to 9.87 per cent in June 2026, driven by mineral oils, food articles, basic metals, and chemicals. Fuel and power inflation remained elevated, while food and non-food article prices also rose. Retail inflation increased to 4.38 per cent. The Reserve Bank of India primarily considers CPI inflation for monetary policy and is mandated to maintain headline inflation at 4 per cent, with a tolerance range of 2 per cent on either side. Its inflation projection was raised due to higher input costs and the transmission of global energy prices to retail fuel prices.
    July 14, 2026
    SC adjourns suo motu case on NCLT vacancies, infrastructure; says appointments process underway
    Show AI Summary
    NCLT vacancies and infrastructure gaps remain under review as delays in insolvency resolution plans raise IBC efficiency concerns
    Delays in appointing judicial and technical members to the National Company Law Tribunal, inadequate infrastructure, and concerns over its disposal rate are being considered in suo motu proceedings. The hearing was deferred after the appointment process was reported to be underway. The proceedings followed concerns regarding persistent delays in approving insolvency resolution plans under the Insolvency and Bankruptcy Code, including applications pending before the NCLT for periods ranging from weeks to several years.
    July 14, 2026
    CBN Madhya Pradesh Unit busts high-tech MD manufacturing lab in Pune; Two masterminds arrested from Ujjain and Jodhpur under multi-city ‘Operation Vajra’
    Show AI Summary
    Synthetic drug trafficking enforcement exposes clandestine Mephedrone laboratories, leading to arrests and seizure of manufacturing equipment under narcotics law
    Interstate synthetic drug trafficking enforcement under the NDPS Act, 1985 led to the dismantling of a sophisticated Mephedrone manufacturing laboratory and the arrest of two alleged chief conspirators during coordinated operations. Officers seized digital machinery, laboratory equipment, heavy glassware, precursor chemicals and safety gear used in illicit MD production. Sustained intelligence and interstate investigation identified a second facility financed and coordinated by a co-conspirator. Simultaneous searches resulted in the second arrest and seizure of the clandestine laboratory's equipment and chemicals, which were taken into possession under the NDPS Act, 1985. Further investigation remains in progress.
    July 14, 2026
    DRI busts several wildlife trafficking networks across India operations
    Show AI Summary
    Wildlife trafficking enforcement targets ivory, endangered species, and transnational smuggling through coordinated operations and CITES-based protections
    Intelligence-led operations targeted organised wildlife trafficking involving endangered and protected fauna, ivory, and other wildlife products. More than 440 protected or endangered animals, approximately 15 kg of ivory articles and elephant ivory, and products including pangolin scales, leopard pelt, seahorse-based articles, and Red Sanders were seized, while 33 persons were arrested or apprehended. Elephant ivory recoveries were referred to the Forest Department for action under the Wildlife (Protection) Act, 1972. The Indian elephant is protected under Schedule I, trade in elephants and derivatives is prohibited, commercial ivory trade is restricted under CITES obligations, and ivory imports and exports are prohibited under the Foreign Trade Policy.
    July 14, 2026
    CCI imposes penalty on HP India and its certain resellers for indulging in anti-competitive practices in supply of Supplies products
    Show AI Summary
    Reseller cover bids and coordinated supplies sales treated as cartelisation, with penalties and cease-and-desist directions imposed
    The Competition Commission of India addressed cartelisation in the sale and supply of toner, cartridges and other consumables used with print hardware products. Sixteen Tier-2 resellers were identified as having sought and submitted support or cover bids, contrary to Sections 3(3)(d) read with Section 3(1) of the Competition Act, 2002. HP India was identified as playing a central role in the arrangement. Monetary penalties were imposed on HP India, the resellers and relevant officials under Section 48, together with directions to cease and desist from the anti-competitive conduct.
    July 14, 2026
    CCI imposes penalty on HP India and its certain resellers for indulging in anti-competitive practices in supply of personal system products
    Show AI Summary
    Bid-price coordination and tender-participation manipulation in personal system products attract competition-law penalties and cease-and-desist directions.
    HP India and five resellers were found to have engaged in cartelisation in the sale and supply of personal system products. The conduct included dictating bid prices and manipulating reseller participation in GeM tenders by withholding authorisation. The conduct was treated as contravening Sections 3(3)(d) read with Section 3(1) of the Competition Act, 2002. The resellers were found to have acted in collusion with HP India, while officials were treated as liable under Section 48. Penalties and cease-and-desist directions were imposed under the Act.
    July 14, 2026
    China's exports surge 27% from year earlier as AI boom drives strong demand
    Show AI Summary
    Export Growth Driven by AI Demand as Technology Products, Semiconductors, and Electric Vehicles Lift China's June Trade Performance
    China's exports increased sharply in June, driven by strong external demand associated with the expansion of artificial intelligence. Exports of electric vehicles, semiconductors, and related technology products expanded significantly, while imports also recorded substantial year-on-year growth. Strong export manufacturing helped offset weakness in domestic demand.
    July 13, 2026
    ED attaches over Rs 50 cr in assets in crypto 'fraud' case
    Show AI Summary
    Cryptocurrency investment fraud allegations trigger PMLA provisional attachment of bank deposits, flats, and commercial shops linked to diverted funds.
    The Enforcement Directorate reported a money-laundering investigation into an alleged cryptocurrency fraud involving ATC Coin. It alleged that investors were induced to contribute funds through assurances of high and assured returns, and that the collections were deposited with Jewria Services Club India before being diverted through accounts of the accused and associated entities. Under the Prevention of Money Laundering Act, bank deposits and Mumbai properties comprising residential flats and commercial shops were provisionally attached.
    July 13, 2026
    Framework deal is ready, to be signed at right time: Comm Secy on India-US trade pact
    Show AI Summary
    Preferential market access anchors India-US trade negotiations as tariff investigations and bilateral commitments remain under discussion
    India and the United States are progressing negotiations on a framework deal and a bilateral trade agreement focused on preferential market access and comparative tariff advantages. India is engaging with the USTR on Section 301 investigations concerning forced labour and excess industrial capacity. The forced-labour investigation has proposed an additional tariff on imports from India, but the measure remains unfinalised. India has urged resolution through bilateral negotiations rather than unilateral measures. The excess-capacity investigation remains pending, and the eventual trade agreement is expected to address relevant aspects of the bilateral trade relationship, including tariff treatment, market access, and investigation-related issues.
    July 13, 2026
    US citizen found guilty of helping export tech to Iran in violation of sanctions
    Show AI Summary
    Export-control sanctions prohibit routing electronic components to Iran through intermediaries, with conspiracy liability turning on knowledge and assistance.
    US export-control sanctions prohibit the unlawful export of electronic components to Iran through intermediaries or front companies. The reported prosecution concerned allegations that an employee conspired with an Iranian business associate to obtain components for a Tehran-based company whose technology had potential military applications. Prosecutors relied on documents, text messages, photographs, and communications said to show knowledge and assistance, while the defence disputed procurement, the Swiss company's characterization as a front, and proof that components reached Iran. Evidence concerning a specific drone attack was limited to general evidence about the Iranian company and potential military applications.
    July 13, 2026
    SC upholds SEBI action against Kotak AMC, says compliance with securities regulations mandatory
    Show AI Summary
    Mandatory securities compliance governs mutual fund redemptions, investor consent, disclosures, due diligence, and trustee responsibilities
    Compliance with securities regulations is presented as mandatory regardless of whether investors ultimately incur losses or receive benefits. Close-ended mutual fund schemes must be redeemed at maturity unless formally rolled over with informed written investor consent and prior disclosure to SEBI. The reported issues also include inadequate due diligence regarding issuers' financial condition, excessive reliance on pledged collateral, delayed disclosures to investors and SEBI, and the trustee company's failure to independently assess regulatory compliance and unitholder interests.
    July 13, 2026
    Rupee falls 30 paise to close at 95.68 against US dollar
    Show AI Summary
    Rupee weakness reflects geopolitical risk, crude prices, capital outflows, rising inflation, and widening trade pressures on India
    The Indian rupee weakened against the US dollar amid heightened US-Iran tensions, elevated crude oil prices, a stronger dollar and foreign capital outflows. Pressure on the domestic currency was linked to concerns over India's import bill and risk aversion in global markets, while domestic market recovery and some moderation in crude prices limited the decline. Retail inflation rose above the central bank's four per cent target, and the merchandise trade deficit widened as imports, particularly crude-related imports, increased despite stronger exports.
    July 13, 2026
    'Coal scam': Delhi court dismisses ED case against ex-MP Vijay Darda, son Devendra, others
    Show AI Summary
    Predicate-offence acquittal removes the foundation for money-laundering proceedings arising from alleged coal-block allocation irregularities
    Money-laundering proceedings under the Prevention of Money Laundering Act depend on the existence of a scheduled offence and identifiable proceeds of crime. Although money laundering is an independent offence, its prosecution cannot survive when the predicate offence forming its foundation has ended in acquittal. The basis for treating property or transactions as proceeds of crime is then removed, making continuation of proceedings for money laundering and company-related liability under the PMLA legally unsustainable. Proceedings may be reopened if the acquittal is later set aside or materially varied.
    July 13, 2026
    Court rejects bail plea of Jammu-based editor accused of impersonating PMO officer, cheating people
    Show AI Summary
    PMLA bail requires satisfaction of twin statutory conditions amid allegations of impersonation, cheating, and suspected money laundering
    The reported bail proceedings concerned the twin conditions under Section 45 of the Prevention of Money Laundering Act: reasonable grounds to believe that the accused was not guilty and assurance that he would not commit an offence while on bail. The prosecution also raised concerns regarding possible evidence tampering, witness intimidation, and repetition of similar conduct. The accused relied on a serious heart ailment and constitutional protection against punitive pre-trial detention, while the reported order noted his medical stability in custody and that the investigation complaint had not yet been filed.
    July 13, 2026
    TMC's Mamata Banerjee faction moves HC seeking permission to operate bank accounts frozen by ED
    Show AI Summary
    Frozen political party accounts raise questions on representative authority, Election Commission recognition, and preventing money laundering during investigation
    Permission to operate three Trinamool Congress bank accounts frozen by the Enforcement Directorate was sought before the Calcutta High Court in connection with a probe into alleged dishonest financial dealings, unlawful collection of money, and routing of suspected funds through specified accounts. The Enforcement Directorate challenged the petition's maintainability, asserting that the filers lacked authority and had not disclosed an ex parte civil court order. The petitioners relied on the party constitution and the Election Commission's jurisdiction over recognition of political parties, while the Enforcement Directorate maintained that releasing the funds would undermine the prevention of money laundering.
    July 13, 2026
    ED conducts raids in 'work-from-home scam' case
    Show AI Summary
    Fake investment and work-from-home scams: laundering through mule accounts, shell entities and crypto wallets prompts asset seizures
    Money laundering investigations under the Prevention of Money Laundering Act concern alleged fake online investment and work-from-home scams involving promises of lucrative returns and commissions. Funds transferred by victims were allegedly layered through mule bank accounts and shell entities, converted into cryptocurrency, and moved through multiple crypto wallets to conceal their origin and ownership. Searches were conducted at multiple locations, with cryptocurrency and cash seized and multiple bank accounts frozen under the PMLA.
    July 13, 2026
    21 pc YoY rise in engineering exports in June shows sector''s resilience amid global challenges: EEPC
    Show AI Summary
    Engineering export growth reflects market diversification, trade agreements, and rising global competitiveness despite persistent international uncertainty
    India's engineering goods exports increased by nearly 21 per cent year-on-year in June, rising to USD 11.48 billion. Cumulative exports during April-June of the 2026-27 fiscal reached an estimated USD 34.14 billion, reflecting 18 per cent growth over the corresponding period of the previous year. The reported export performance was attributed to free trade agreements with key partner countries, diversification of products and markets, and the increasing global competitiveness of Indian engineering products despite continuing global uncertainty.
    July 13, 2026
    NABARD key partner in rural infra development: Rajasthan chief secretary
    Show AI Summary
    Rural infrastructure development through NABARD strengthens farmer support, women's financial inclusion, and climate-resilient agriculture in Rajasthan
    NABARD is presented as a key partner in Rajasthan's rural infrastructure and agricultural development. Its initiatives support small and marginal farmers through Kisan Credit Cards, farmers' clubs and Farmer Producer Organisations, while the Self-Help Group-Bank Linkage Programme promotes financial inclusion among rural women. NABARD also supports climate-change resilience, honours rural development institutions and artisans, and provides grants for projects promoting climate-resilient agriculture.

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      Home› news › Customs, DGFT & SEZ › 2009 › June, 2009 › This
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      Customs, DGFT & SEZ

      Lifting of ban on import of livestock from India by sultanate of Oman

      June 18, 2009

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      On outbreak of Avian Flu in certain parts of India in the past, Omani Ministry of Agriculture, Sultanate of Oman had imposed ban on import of live bird products from India.

      Immediately on receipt of this information, Government of India took up the matter with Omani Authorities through diplomatic channel and impressed that Avian Flu is limited to selected pockets of North Eastern Region of the country and also blanket ban on import of live bird products from entire India is unjustified. It was also impressed that the affected birds were culled and isolated to prevent further spread of avian flu.

      As a result of concerted efforts by Government of India, Omani Ministry of Agriculture in accordance with their Ministerial Decree No.168/2008 lifted the ban of live bird products from India.

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