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As temporary tariffs expire, U.S. imposes 10% ‘forced labour’ tariffs on India
The United States has imposed a permanent 10% tariff on imports from India and 16 other countries following an investigation into forced labour under Section 301 of the Trade Act, 1974. India managed to secure a 10% rate instead of the proposed 12.5% by recently notifying a ban on the import of goods produced using forced labour.
Read on The HinduDive Into Study Notes![Illustration about International Relations: External Affairs Minister S. Jaishankar, participating in the [East Asia Summit] and [ASEAN Regional Forum] in Manila, a](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-07-24%2Finternational-waterways-must-remain-safe-and-unimpeded-s-jaishankar-4333308d.png&w=1200&q=75)
Must ReadInternational waterways must remain safe and unimpeded: S. Jaishankar
External Affairs Minister S. Jaishankar, participating in the [East Asia Summit] and [ASEAN Regional Forum] in Manila, articulated India's stance on critical regional issues.
Read on The HinduDive Into Study Notes![Illustration about Polity & Governance: The [Department of Telecommunications] (DoT) has issued new authorisation guidelines under the [Telecommunications Act,](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-07-24%2Fgovernment-bars-communication-infra-providers-from-sharing-data-outside-india-2ea920d0.png&w=1200&q=75)
Must ReadGovernment bars communication infra providers from sharing data outside India
The [Department of Telecommunications] (DoT) has issued new authorisation guidelines under the [Telecommunications Act, 2023], mandating strict **data localisation** for communication infrastructure providers. The rules require all telecommunication network systems, associated data, and logs to be stored exclusively within India, prohibiting any transfer or routing of this data outside the country.
![Illustration about Economy: The [Department for Promotion of Industry and Internal Trade] (DPIIT) has amended the Foreign Direct Investment (FDI) po](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-07-24%2Findia-allows-fdi-in-ecomm-inventory-model-for-exports-b9cf4675.png&w=1200&q=75)
Must ReadIndia allows FDI in ecomm inventory model for exports
The [Department for Promotion of Industry and Internal Trade] (DPIIT) has amended the Foreign Direct Investment (FDI) policy to allow foreign investment in the inventory-based model of e-commerce, specifically and exclusively for the export of domestically manufactured goods. This move, initiated by the [Directorate General of Foreign Trade] (DGFT), aims to provide a new global channel for Indian Small and Medium Enterprises (SMEs) to boost the country's export-led growth without altering the domestic e-commerce regulations that protect small retailers.
Must ReadIndia to roll out common customer ID for banks, insurers; mutual funds to follow, sources say
India is set to implement Central Know-Your-Customer 2.0 (CKYC), a unified digital identity framework allowing customers to use a single ID for banks, insurers, and mutual funds. Jointly executed by the [Reserve Bank of India], [Securities and Exchange Board of India], and the [Insurance Regulatory and Development Authority of India], this system aims to improve data quality, reduce duplication, and boost participation in financial products beyond basic bank accounts.
![Illustration about Judiciary: The [Supreme Court] has proposed establishing Special Courts to conduct day-to-day trials for criminal cases stemming fr](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-07-24%2Fsupreme-court-proposes-special-courts-for-manipur-violence-cases-seeks-speedy-completion-of-probes-3f358cdb.png&w=1200&q=75)
Must ReadSupreme Court proposes Special Courts for Manipur violence cases; seeks speedy completion of probes
The [Supreme Court] has proposed establishing Special Courts to conduct day-to-day trials for criminal cases stemming from the 2023 ethnic violence in Manipur. The Court directed investigative agencies, including the [Central Bureau of Investigation (CBI)] and the State Special Investigation Team (SIT), to expedite investigations and ensure victims receive copies of charge sheets.
Read on The HinduDive Into Study Notes![Illustration about Economy: The [Index of Core Industries] (ICI) has been updated with a new base year, revised weights, and the addition of iron or](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-07-24%2Fcore-upgrade-on-the-index-of-core-industries-601084cf.png&w=1200&q=75)
Must ReadCore upgrade: On the Index of Core Industries
The [Index of Core Industries] (ICI) has been updated with a new base year, revised weights, and the addition of iron ore, expanding the index to nine sectors. This long-overdue update aligns the ICI with other economic metrics like the [Consumer Price Index] (CPI) and [Wholesale Price Index] (WPI), providing a more accurate reflection of current industrial activity and the increasing role of renewables in electricity generation.
Read on The HinduDive Into Study Notes![Illustration about Polity & Governance: The Union Cabinet is set to consider amendments to the [Public Examinations (Prevention of Unfair Means) Act, 2024] to i](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-07-24%2Fcentre-eyeing-tougher-rules-for-paper-leaks-what-indias-existing-law-to-tackle-exam-fraud-says-16ed2218.png&w=1200&q=75)
Must ReadCentre eyeing tougher rules for paper leaks: What India’s existing law to tackle exam fraud says
The Union Cabinet is set to consider amendments to the [Public Examinations (Prevention of Unfair Means) Act, 2024] to introduce fast-track courts and more stringent penalties for examination paper leaks. This move follows nationwide protests over irregularities in major competitive exams like NEET and UGC-NET.
Important'Beginning of accountability': Wangchuk says he extended fast by two days during negotiations
Climate activist Sonam Wangchuk ended a 26-day hunger strike protesting the NEET-UG paper leak and demanding systemic examination reforms. He concluded the fast following assurances from the central government, mediated by Health Minister J.P.
Read on The HinduDive Into Study Notes![Illustration about Economy: Recent data from the [Reserve Bank of India] reveals that India paid approximately $15 billion for imports in rupees dur](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-07-24%2Fas-russian-oil-purchases-soared-india-paid-15-billion-of-imports-in-rupees-over-three-months-c1693784.png&w=1200&q=75)
Must ReadAs Russian oil purchases soared, India paid $15 billion of imports in rupees over three months
Recent data from the [Reserve Bank of India] reveals that India paid approximately $15 billion for imports in rupees during March-May 2026, primarily driven by surging oil purchases from Russia amidst geopolitical tensions. This increase in rupee trade settlement highlights India's strategy to navigate global economic volatility, manage its trade deficit, and reduce reliance on the US dollar in international transactions.
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