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ILLICIT GOODS
ITC's packaged foods business crosses $2 billion in revenueITC's packaged food business soared past $2 billion in FY26, with overall FMCG consumer spending reaching Rs 37,000 crore. This growth was ...- FRAI urges govt to intensify crackdown on counterfeit products, illicit tradeRetailers are urging the government to intensify efforts against illegal trade and fake products, citing risks to consumer safety and the l...
- No slowdown yet, but inflation and El Niño are risks: ITC's Sanjiv PuriITC Chairman Sanjiv Puri revealed plans for a Rs 20,000 crore investment over the medium term, including hotel expansion. He highlighted st...
- ITC bulking up with products rich in protein and fibre: Sanjiv Puri“India is also a protein-deficient market. We already have offerings such as high-protein atta, soya chunks and protein shakes, and we will...
- India, US 'very close' to inking a trade deal, says Trump after meet with ModiUS President Donald Trump stated that India and the US are very close to finalizing a trade deal, following a meeting with Prime Minister N...
- US holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks, sources sayDeepSeek, CXMT and other companies were approved by an interagency committee last year for addition to the Commerce Department's Entity Lis...
- U.S. held back blacklisting DeepSeek, over 100 Chinese firms despite security concerns, sources sayAmerica has delayed adding over 100 Chinese firms, including AI startup DeepSeek and chipmaker CXMT, to a trade blacklist. These companies ...
- White House says Trump to meet PM Modi in France; no word from Indian side yetPresident Trump and Prime Minister Modi are set to meet in France. This meeting comes as US forces have attacked merchant ships carrying In...
- Retailers' body flags rise in illicit trade, seeks curbs on e-commerce practicesRetailers in India are facing challenges from e-commerce. The Federation of Retailers Association of India highlights issues like counterfe...
- Consumer staples sector to face growth normalization in 2nd half of 2026, updates on pricing power and channel efficiency eyedConsumer staples growth momentum is likely to moderate in the second half of FY27 as GST-related benefits phase out and high base effects s...
- SC's GST ruling on online gaming: A loaded diceGovernment and state lawmakers have agreed to impose GST on online gaming. This tax will apply retrospectively to curb unregulated wagering...
- Canadian-made sniper rifles surface in Russia; Manufacturer cites ‘fraudulent diversion’A Canadian firearms company, Cadex Defence, confirmed its precision rifles were fraudulently diverted to Russia, bypassing sanctions. This ...
- Trump wants China's help on Iran. Beijing may have other ideasPresident Trump will ask President Xi for help with the Iran conflict. China is unlikely to fully comply, preferring to maintain its econom...
- ED arrests Punjab minister Sanjeev Arora in Rs 100 crore money laundering caseThe Enforcement Directorate (ED) on Saturday arrested Punjab minister Sanjeev Arora in connection with an ongoing Rs 100 crore money launde...
- Trump's new front against Iran: The US hunts hidden crypto networksAmerica's Operation Epic Fury is now Operation Economic Fury. The US is targeting Iran's cryptocurrency networks. This aims to stop Iran fr...
- US imposes sanctions on a China-based oil refinery and 40 shippers over Iranian oilThe Trump administration has imposed economic sanctions on a major Chinese oil refinery and dozens of shipping companies for their involvem...
- Decoding SAFU: The structural integrity checks every cryptocurrency exchange must passAs India's digital asset market matures, investors prioritize counterparty risk and verifiable institutional standards. The article outline...
- US-Iran war: US military forces board sanctioned oil tanker in Indian Ocean, Pentagon saysAmerican forces have seized an oil tanker in international waters. The vessel, the M/T Tifani, was previously sanctioned for smuggling Iran...
- "Productive meeting on US-India commercial roadmap": Sergio Gor meets US Commerce SecretaryUS Ambassador Sergio Gor met with US Secretary of Commerce Howard Lutnick in Washington DC. They discussed boosting cooperation in Artifici...
- India restricts precious metal jewellery importsIndia has restricted imports of gold and precious metal jewellery from ASEAN countries, particularly Thailand, which were previously duty-f...
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