To plug revenue leakage and curb tax evasion in the mineral sector, the Central Board of Indirect Taxes & Customs (CBIC) instructed its field formations to establish structured coordination and automated data-sharing mechanisms with State Mining Departments. In international trade developments, legal experts have completed the formal “legal scrubbing” phase of the India-European Union Free Trade Agreement (FTA), keeping the treaty on track for signature by the end of 2026. Representing combined markets that account for 25% of global GDP and $11 trillion in international trade, the exclusive agreement grants India preferential access for 99% of its export lines. Alongside these diplomatic milestones, government officials urged domestic manufacturers to actively map their supply chains to qualify for preferential tariffs under existing trade pacts and build resilience against global economic shocks.