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    UIDAI, Army launch Aadhaar biometric update camps for students in Assam's Tamulpur
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August 24, 2026
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Mandatory biometric updates for students support continued Aadhaar authentication and access to education, scholarship and benefit-related services.
Mandatory Biometric Update camps have been launched in schools across Tamulpur district, Assam, for eligible students aged 5 to 17 years to update Aadhaar biometrics. Aadhaar biometrics require updating on attaining five years of age and again on attaining fifteen years. Timely updating supports continued Aadhaar authentication and helps avoid difficulties in accessing services where authentication is applicable, including school admissions, entrance-examination registration, scholarships and Direct Benefit Transfer schemes.
August 24, 2026
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Electricity tariff affordability requires immediate review, withdrawal of higher consumer charges, and relief measures for economically weaker households.
Electricity tariff increase in Jammu and Kashmir has been opposed as imposing an unjustified and unaffordable financial burden on domestic consumers amid rising household costs. Immediate review and withdrawal of the increase are sought, together with measures to reduce electricity costs for domestic consumers, particularly economically weaker sections, and ensure affordable, reliable power supply.
August 24, 2026
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Wheat export liberalisation replaces prohibitions to support farm prices while domestic stocks are expected to protect consumer supply.
Wheat and wheat-product exports are liberalised with immediate effect by revising their export policy from prohibited to free. The change covers wheat, wheat flour, maida, semolina and wholemeal atta, replacing the earlier export-ban framework and simplifying exports previously permitted through licences. The measure aims to support farmers amid depressed domestic prices, while adequate domestic availability and buffer stocks are expected to meet demand and moderate consumer prices.
August 24, 2026
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Food safety compliance failures trigger licence suspensions for deficient hygiene, storage, refrigeration, sanitation and valid licensing practices.
Food safety enforcement measures resulted in suspension of food licences or registrations where establishments failed hygiene, food handling, storage, refrigeration, sanitation and licensing requirements. Deficiencies included unsafe temperature control, unclean refrigeration equipment, improper food storage and thawing, inadequate sanitisation, deteriorated or expired materials, deficient oil-quality checks, artificial colouring, pest infestation, cross-contamination risks and inadequate drainage. One outlet was also found to be operating under the name of an establishment without a valid food licence, resulting in suspension of its registration certificate.
August 24, 2026
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Central Board Governance expands through appointments of part-time non-official directors for defined terms, alongside central bank and government representatives.
Appointments to the Reserve Bank of India's Central Board expand its part-time, non-official director membership. Syed Akbaruddin, Annie George Mathew and Janmejaya Kumar Sinha have been appointed for four years from 24 August 2026, or until further orders, whichever occurs earlier. The Central Board also includes the Governor, deputy governors, the economic affairs secretary and the financial services secretary.
August 24, 2026
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Electricity tariff adjustment is linked to inflation and transmission losses, while free household units remain separately implemented.
Electricity tariff increase of 6.83 per cent after four years is presented as necessary in light of inflation and rising costs. Reducing transmission and distribution losses is identified as a means of limiting future tariff increases. Provision of 200 units of free electricity for poor and needy households through solar panels under the Muft Bijli Yojana is treated as distinct from tariff revisions.
August 24, 2026
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Sugar supply management measures target speculative stockpiling through imports, stockholding limits and earlier crushing to moderate prices.
Sugar supply is characterised as adequate, and higher prices are attributed principally to speculative buying and advance stockpiling, alongside lower output, seasonal demand and global price pressures rather than an actual shortage. Duty-free raw sugar imports and stockholding limits are intended to augment availability, curb speculative accumulation and stabilise market sentiment. Imports, existing stocks, special crushing and an earlier crushing season are expected to moderate prices and improve festive-period supply. Ethanol diversion is not identified as a cause of the price movement.
August 24, 2026
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Wheat export policy shifts to free trade, lifting restrictions on wheat flour, maida, semolina and wholemeal atta exports.
Wheat export policy has been revised from prohibited to free with immediate effect, lifting the export ban on wheat and related wheat products. The liberalised export treatment extends to wheat flour, maida, semolina and wholemeal atta. The restriction had been imposed to address rising domestic prices, and its removal is expected to improve international wheat availability.
August 24, 2026
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Bogus input tax credit fraud investigation examines fabricated invoices, circular transactions, layered funds and alleged proceeds of crime.
Investigation into alleged bogus input tax credit fraud involved searches under the anti-money-laundering framework. The alleged scheme involved fabricated invoices and e-way bills without actual movement of goods, circular transactions, layered funds, cash withdrawals and bogus or non-existent entities. GST authorities identified fraudulent availment of input tax credit causing wrongful loss to the government exchequer. The investigation focused on tracing alleged proceeds of crime, identifying beneficiaries, and securing documentary and digital evidence.
August 24, 2026
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Sugar crystallization process integration combines evaporator upgrades, continuous boiling, heat recovery and automation for efficient plantation white sugar production.
Sugar manufacturing process integration is proposed through strengthening an existing evaporator station and adding a sugar crystallization section to convert syrup production into plantation white sugar production. The scope covers design, engineering, equipment supply, erection and commissioning of condensate heaters, falling film evaporators, heat-recovery systems, continuous pans, vacuum systems and crystallizers. Continuous massecuite boiling will use chamber-specific control, while evaporator recirculation and online chemical-cleaning provisions support process control and low-grade vapour utilisation.
August 24, 2026
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Competitive examination preparation supports career pathways in civil services, public employment, management, defence, research and international higher education.
Career-development and competitive-examination preparation is offered alongside academic programmes for civil services, government and public-sector employment, banking, engineering higher education, management, defence, teaching, research and overseas education. UPSC, SSC-CGL, Bank PO, GATE, CAT, CDS, UGC-NET, GRE, GMAT and IELTS preparation includes courses, workshops, mentorship, expert guidance and examination-specific resources. Access to examinations, admissions and career opportunities remains subject to applicable eligibility, selection and institutional criteria.
August 24, 2026
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Corporate governance professionals gain expanded training infrastructure as Hyderabad's new Chapter Office supports Company Secretaries and students.
Institute of Company Secretaries of India has inaugurated a Chapter Office in Hyderabad to expand infrastructure for professional education, training, examinations, meetings, capacity-building programmes and stakeholder engagement. The facility is intended to support Company Secretaries and students and enable wider professional and educational activities. Company Secretaries are identified as corporate governance professionals, with expanding regulatory requirements and the formalisation and listing of micro, small and medium enterprises creating potential demand for qualified professionals.
August 24, 2026
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Diversified pharmaceutical growth combines branded portfolio expansion, contract manufacturing, merchant exports, and regulatory registrations for international market development.
Curis Lifesciences Limited plans a diversified pharmaceutical strategy spanning domestic branded products, contract manufacturing and international market development. Its majority acquisition of Uninova Lifesciences is intended to strengthen own-brand marketing, distribution and portfolio expansion, including injectable products through third-party manufacturing. International initiatives include merchant exports in Kenya and a Nigerian joint venture pursuing own-brand regulatory registrations alongside contract-manufacturing and export opportunities. Commercial development in Nigeria remains contingent on relevant licences and purchase orders, while projections are subject to regulatory, market and other business factors.
August 24, 2026
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Insolvency framework reform prioritises efficient resolution, value maximisation, stakeholder coordination, institutional strengthening and technology-enabled asset recovery.
Insolvency and Bankruptcy Code, 2016, entered its tenth year amid deliberations on legislative amendments, resolution timelines, stakeholder interests and value maximisation. Key areas included resolution plans and tax implications, liquidation processes, recent judicial developments, stakeholder coordination, and the roles of insolvency professionals, regulators, banking institutions and adjudicatory processes. Technological innovation, including artificial intelligence for asset tracing and recovery, alongside regulatory strengthening, capacity building and stakeholder collaboration, was emphasised for the future development of the insolvency ecosystem.
August 24, 2026
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Bilateral economic and financial cooperation will advance through investment dialogues, business engagement, financial-sector partnerships, and global economic discussions.
Official visits to Canada and the United States are scheduled to strengthen bilateral economic and financial partnerships, deepen investment linkages, and advance cooperation on global economic priorities. Engagements include an Economic and Financial Dialogue, investment and business roundtables, corporate meetings, and discussions on financial-sector cooperation, technology, innovation, critical minerals, resilient supply chains, and a Comprehensive Economic Partnership Agreement. Participation in the G20 Finance Ministers and Central Bank Governors Meeting will address global economic growth, stability, and international financial cooperation.
August 24, 2026
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Interoperable real-time payments enable inclusive retail transactions, bank participation, and cross-border digital payment expansion through UPI.
Unified Payments Interface (UPI) operates as an interoperable, real-time digital payments platform for peer-to-peer and person-to-merchant transactions. Its network includes varied banking institutions acting as remitter and beneficiary payment service providers, with performance monitoring across participants. Person-to-merchant payments drive transaction volume through routine small-ticket retail use, while person-to-person payments represent a larger share of transaction value. UPI also supports cross-border digital payments, with future growth linked to technological advancement, broader adoption, policy support, and financial inclusion.
August 24, 2026
Show AI Summary
Service Producer Price Indices track quarterly price movements across financial, transport, telecom and insurance services using sub-service weights.
Service Producer Price Indices based on 2022-23 set out provisional first-quarter estimates for FY 2026-27 and final fourth-quarter estimates for FY 2025-26 across financial, insurance, telecom, railway and air-passenger services. Latest quarterly data show negative year-on-year inflation for securities transaction and banking services, while banking service contribution, pension-fund management, insurance, telecom and railway services record positive inflation. Aggregate weights are not assigned because the covered services do not represent the entire service sector; sub-service weights are used to derive service-level PPIs.
August 24, 2026
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Food safety cooperation supports imported-food quality information exchange and technical collaboration within broader bilateral economic and trade engagement.
India-Morocco economic cooperation is being advanced through discussions on trade diversification, market access, investment, industrial cooperation, customs, agriculture, food safety, energy, digital transformation and logistics. A proposed food safety Memorandum of Understanding would support exchanges on imported-food safety and quality, testing laboratories, analytical methods, import procedures, quality control, sampling, testing, packaging and labelling. Proposed cultural cooperation would promote professional exchanges, heritage conservation and institutional linkages.
August 24, 2026
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Foreign-exchange market conditions pressured the rupee as dollar strength, crude concerns and geopolitical uncertainty shaped narrow USD/INR trading.
Foreign-exchange market conditions led the rupee to close marginally lower against the US dollar after reversing initial gains. The USD/INR pair traded within a narrow range amid a stronger dollar index, weak domestic equity markets, importer demand, crude-oil concerns and geopolitical uncertainty. Market commentary indicated a slight negative bias for the rupee, although possible US-dollar weakness could provide support at lower levels. India's foreign-exchange reserves increased during the referenced reporting week.
August 24, 2026
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Branch expansion for wealth and cross-border banking services targets emerging commercial centres and affluent customer segments across India.
HSBC India's branch expansion is directed at extending wealth, international banking, and corporate banking services to affluent, high-net-worth, ultra-high-net-worth, and non-resident Indian customers in emerging commercial centres. The Nashik opening forms part of a broader branch-expansion programme undertaken after Reserve Bank of India approval to establish additional branches in key cities. The programme is intended to expand delivery of banking and financial services, including support for cross-border wealth management, overseas investment by Indian companies, and foreign investment into India.

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Customs, DGFT & SEZ

President Inaugurates Coir Board Diamond Jubilee Celebrations

November 25, 2013

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Coir Industry - Playing A Pivotal Role in the Development of the Rural Economy

Shri Pranab Mukherjee, President of India inaugurated the Coir Board Diamond Jubilee Celebrations here today. The President said that he was happy to note that the coir industry has grown into a highly successful sector and has spread into other coconut growing States and today, thousands of household units are engaged in fibre extraction and spinning of coir yarn throughout the coir producing regions. The industry employs about 7 lakh workers, predominantly women in more than 14 states and Union Territories and is amongst the foremost foreign exchange earning industries in the country with a positive growth trajectory.

The President also lauded the efforts of the Coir industry for evolving in a remarkable way - in terms of quality improvement, technological and scientific upgradation of the products, better market research and product promotion – to become a net earner of over 1100 crores from the export of its products, and added that in the 12th Plan, sufficient allocations have been made to this traditional agro-based cottage industry to enable it to expand further. Its further growth is bound to have a positive multiplier effect as most of the units in this industry are in the rural segment of our economy – in the category of micro industries and nearly 40% are small and medium scale production units.

The President added that coir wood, a new innovation, is an important outcome of the research carried out by the Coir Board – and this product is fast establishing itself as a substitute for a traditional wood.

In the coir industry where 80% of the workforce is constituted by women, the President said that it is commendable that the Coir Board has developed the Mahila Coir Yojna Scheme to specifically focus on women in rural areas – and train them to take up spinning of coir yarn and other simple processes in coir manufacturing. This opening is an opportunity for them to not only contribute, but also develop their own self–confidence and self-reliance. The Coir Board is taking several measures to improve the living conditions of coir workers and helping them to optimize the returns on their efforts and the resources invested by them.

The Minister of MSME (Independent Charge), K. H. Muniyappa also congratulated the Coir Board for its successful efforts and continuous innovation of new products to popularize this natural, eco-friendly fibre and added that the coir industry has been playing a pivotal role in the development of the rural economy in the coconut producing States of the country and is expanding in many non-traditional States at a fast pace and providing significant employment and income to rural artisans of these States.

The Minister said that the MSME sector as a whole provides livelihood to around 8 crore people through 3.6 crore enterprises. Coir is one of the major traditional industries catered to by the MSME Ministry. Coir industry is a labour intensive industry and is concentrated in the coastal belt of the country where the employment opportunities are limited. The coir industry has been maintaining its growing trend over a decade now in spite of heavy odds like shortage of raw materials, stiff competition from synthetic products, etc. and congratulated the manufacturers, workers and experts other stake holders of the industry for being able to sustain the growth in the industry with their persistent efforts.

The Minister added that due to the concerted efforts of the Coir Board, coir industry has now attained a national status with its presence in 14 States and Union Territories including North Eastern States like Assam & Tripura. Coir Board has come up with an array of technologies and machinery to cater to the current developmental needs of the coir industry. The latest addition to these wonderful array of machinery items, that is a versatile spinning machine which can produce large quantities of coir yarn without core thread through an entirely new spinning technology and diversified products like coir jacket, coir chappal, coir umbrella, coir curtains, coir pith binderless board etc.

Union Minister of State for Human Resource Development, Shri Shashi Tharoor highlighted the need for a brand ambassador for coir to globally spread the message and activities of the Board. The Coir Board should collaborate with National Skill Development Agency, an autonomous body that coordinates the skill development efforts of the government and the private sector to achieve the skilling targets of the ongoing 12th Five Year Plan and beyond, he said.

Shri Tharoor also stressed the need to raise the level of income in the coir industry, stem the below-par achievements of mechanisation and kindle interest among youngsters to join the traditional sector.

Prof P J Kurien, Deputy Chairperson of the Rajya Sabha, said the workers welcoming modernisation was a good sign for the industry and further added that the Board is into diversification in a big way - the wood being produced out of coir is checking deforestation. The manure-infused coir pith has proved to be a substitute for soil, thereby promoting horticulture. Then there are geo-textiles which are an excellent deterrent to soil erosion.

MSME Secretary, Shri Madhav Lal said that the Diamond Jubilee Celebrations will generate awareness about the inherent potential of the sector, elevate the coir products to greater heights of popularity and attract sophisticated buyers and further added that in the highly environmentally sensitized world, non-traditional products like coir-pith, compressed grow-bags and coir composites have caught the imagination of sophisticated overseas markets and the sector holds a lot of potential for innovative, non-traditional, value added products which can convert the other-wise waste into not only a high foreign exchange earner for the economy, but also a cost effective way of creating sustained employment in coastal and other areas, especially in the rural India.

The Secretary said that the Ministry of MSME intervenes through Coir Board in areas of modernization of production processes, development of machinery and equipments, product development and diversification, development of environment friendly technologies, technology transfer, incubation, testing and service facilities, development of skilled manpower, women-oriented self employment, Development of production infrastructure, domestic and export market promotion and welfare measures like Coir Workers’ Group Personal Accident Insurance Scheme for the benefit of coir workers. 26 coir clusters have been taken-up for development under SFURTI by providing common facilities and other infrastructural support.

Professor Balachandran, Chairman, Coir Board said that the Coir Board was working on combining coir with other natural fibres such as silk, jute and sisal to bringing out more innovative products. “That day is not far when coir will find a place in the manufacturing of moulded furniture, TV cabinets and car dash-boards,” he added.

As a part of the Diamond Jubilee Celebrations, the Coir Board has planned a series of activities to be held during the month of November, 2013 which include: World Coir Fair coinciding with IITF 2013, Exhibitions at Dilli Haat and other locations, International Buyer Seller Meet, National Seminar on innovative coir products, Women’s Meet on self employment opportunities in coir industry and Coir Road Show from Kanyakumari to Jammu Tawi to popularize the environment friendly properties of coir products and the contributions of this industry to the rural economy.

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