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ILLICIT TRADE IN INDIA
Online fake goods sale: Scrutiny amplified ahead of festive rushAuthorities are increasing scrutiny of online sellers and imports before the busy festive shopping period. The Central Board of Indirect Ta...- AI, tech to scan cargo without disrupting trade: CBIC ChairmanThe shift is aimed at moving customs enforcement from physical inspection towards intelligence-led, technology-driven risk assessment, he s...
- IIT-Delhi engineer, bank manager arrested by Mumbai Police for duping Rs 1.12 crore from a 68-year-old in a digital arrest scamAn IIT Delhi graduate and a private bank operations manager are among six people arrested in connection with a Rs 1.12 crore digital arrest...
- BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitionsBRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...
- India beats a hasty retreat from a crucial market reformIndia’s market-closing auction reform, designed by Sebi to curb price manipulation, has faced volatility and investor backlash within weeks...
- 'Breakthrough', 'good move': Several foreign journalists covering BRICS Summit welcome New Delhi DeclarationForeign journalists covering the BRICS Summit in Delhi welcomed the New Delhi Declaration. Some called the consensus document a breakthroug...
- India, Russia explore digital currency payments for trade in cross-border breakthroughIndia and Russia are exploring digital currency payments for bilateral trade, potentially opening a faster route for cross-border settlemen...
- BRICS finance ministers discuss possibility of efficient cross-border payment mechanismsBRICS finance ministers and central bank governors are exploring faster and cheaper cross-border payment systems, including greater use of ...
- Illegal gold imports surge in India: Smuggled gold selling up to Rs 8,000 cheaper is distorting bullion market & hurting legitimate dealersSmuggled gold is distorting India's bullion market, impacting legitimate dealers and jewelers. Higher import duties have made the grey mark...
- Largecap safety trade? 8 Nifty stocks test investor patience with losses for two yearsOver the past two years, eight Nifty stocks have experienced declines, with notable IT giants like TCS and Infosys pressured by shifts in c...
- NSE’s mega IPO moves closer as SC approves Sebi settlementIn a pivotal decision, the Supreme Court has validated the National Stock Exchange’s settlement concerning the co-location and dark fibre m...
- Slice’s big valuation cut; Betting networks under lensSlice Small Finance Bank has raised fresh funding at less than half its previous valuation. This and more in today's ETtech Top 5.
- Uzbekistan backs India's permanent UNSC bid; both agree to set up FM-led mechanism, strengthen counter-terror cooperationUzbekistan supports India's permanent UNSC membership bid and will establish a Foreign Ministers-led oversight mechanism. Both nations cond...
- India to pitch central bank digital currencies to BRICS partners at meetThe global grouping celebrates 20 years at the New Delhi summit on September 12-13. A high-level meeting would be held next week to thrash ...
- Nationwide anti-narcotics fortnightly drives to begin from SeptemberAnti-drug agencies will launch a year-long national enforcement drive starting September. This initiative includes apprehending absconding ...
- India's next crypto policy: What a balanced regulatory framework should look likeIndia currently lacks a well-defined legal framework for virtual digital assets, even though these assets are recognized for tax purposes. ...
- Drugs cause ruin, liquor banned in 19 religious towns of MP: CM Mohan Yadav after launch of nationwide driveMadhya Pradesh Chief Minister Mohan Yadav highlighted substance abuse as a root cause of social ruin. His government has enforced prohibiti...
- ITC Q1 profit plunges 27% due to record cigarette taxes and West Asia crisisITC's first quarter net profit declined twenty-seven percent year-on-year. Record taxation on cigarettes significantly impacted the company...
- India's gold demand falls 6 per cent in April-June on weak seasonal demand, higher duty: WGCIndia's gold demand decreased six percent year-on-year during the April-June quarter. This decline occurred despite a significant fifty per...
- VST Industries shares slide 4% after Q1 profit drops 25%, revenue falls 13%VST Industries shares fell over 4% on Wednesday after reporting a 25% YoY drop in Q1 FY27 net profit to Rs 42 crore and a 13% drop in reven...
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