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    No guidelines to regulate online astrology platforms: Consumer affairs department to CIC
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August 3, 2026
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Online Astrology Platform Regulation: consumer department reported no guidelines, while information requests required revised factual disclosures.
Online astrology platforms were reported as lacking specific regulatory guidelines within the consumer affairs department. The RTI application sought information on alleged unfair trade practices, investigations, complaints, licences, approvals, and applicable rules. The National Consumer Helpline stated that it had not investigated because it functions as a grievance-resolution platform. A revised factual response was required on investigations and complaint data, while queries concerning regulation, licences, approvals, and related investigations were to be transferred to the public authorities likely to hold that information.
August 3, 2026
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Business combination disclosure outlines shareholder approval, registration requirements, financing conditions, and forward-looking risks for the proposed public listing.
The proposed business combination would take Yellow.ai public through a definitive agreement with Bluerock Acquisition Corp., subject to customary closing conditions and shareholder approval. Bluerock intends to file a Form S-4 registration statement containing a proxy statement/prospectus for proxy solicitation and securities issuance in connection with the transaction. The communication is not an offer or solicitation and states that no securities offering may occur without compliance with applicable registration, qualification or exemption requirements. Transaction projections and anticipated benefits are forward-looking statements subject to material risks and uncertainties.
August 3, 2026
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Bilateral investment and trade facilitation drive proposed co-investment, digital cooperation and advanced manufacturing partnerships between Indian and Uzbek businesses.
India-Uzbekistan cooperation is proposed through co-investment, co-manufacturing and co-innovation, supported by the Bilateral Investment Treaty to promote investor confidence and reciprocal investment. Priority sectors include mining, textiles, healthcare, agriculture, food processing, digital technologies and advanced manufacturing. Trade facilitation measures include reducing trade barriers, mutual recognition of standards, approvals, testing and certification, customs digitalisation and improved trade routes. Regulators and standard-setting bodies are expected to cooperate under a structured, time-bound economic partnership.
August 3, 2026
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Concessional agricultural credit supports working capital, crop diversification, allied activities, and digital expansion under the Kisan Credit Card scheme.
The Kisan Credit Card-Modified Interest Subvention Scheme provides concessional institutional credit to reduce farmers' interest burdens and improve timely working-capital access. The scheme is reported to support cropping intensity, multi-season cultivation, diversified crop portfolios, timely input use, and credit discipline through the Prompt Repayment Incentive. It also supports dairy, livestock, and fisheries-based income diversification. Credit-delivery measures include collateral-free lending, digital platforms, simplified applications, coverage expansion, and awareness campaigns. State-wise data tracks operative accounts, outstanding credit, and non-performing Kisan Credit Card accounts.
August 3, 2026
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Banking inclusion expands rural access while digital credit systems and payment security controls address service delivery and cyber fraud.
Banking inclusion is pursued by providing banking outlets within a five-kilometre radius of inhabited villages, with branch expansion permitted subject to rural-coverage requirements and continuing assessment of uncovered areas. Agricultural credit delivery uses digital loan, beneficiary-verification, processing and claim-settlement systems. Digital payment security measures require minimum controls for payment channels and include fraud-intelligence sharing, artificial-intelligence-based identification of money-mule activity, digital lending-app analysis, cyber-incident reporting, public awareness campaigns and electronic-banking training.
August 3, 2026
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Foreign exchange market movement strengthened the rupee as lower crude prices, investment inflows and improved risk sentiment provided support.
Foreign exchange market movement saw the rupee strengthen for a sixth consecutive trading session against the US dollar, supported by declining global crude oil prices, a softer dollar, foreign institutional investment inflows and gains in domestic equity markets. Improved global risk sentiment followed the decision to defer planned US military strikes against Iran and allow diplomatic engagement. Renewed geopolitical tensions were identified as a factor that could limit further appreciation.
August 3, 2026
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Quarterly financial performance reflects revenue growth, improved standalone profitability, and continued investment in AI-led digital technology platforms.
Quarterly financial performance reported revenue growth in standalone and consolidated operations, higher standalone profit before tax, and a return to consolidated profitability. The company continues to invest in an AI-led, intellectual-property-driven digital technology strategy through enterprise software, SaaS platforms, digital commerce, cloud, data and AI solutions. Its priorities include scalable platforms, proprietary technology assets, recurring-revenue offerings, partnerships and selective acquisitions. Complete financial results, notes to accounts and regulatory disclosures are available through exchange filings and the company website.
August 3, 2026
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MSME delayed-payment reforms strengthen award recovery, faster dispute adjudication, invoice discounting, and interim supplier payment protection.
MSME delayed-payment reforms seek faster adjudication, strengthened recovery and improved liquidity for enterprise suppliers. Courts may direct payment of at least half of an awarded amount where a setting-aside application remains pending beyond six months. Mediated settlements and arbitral awards may be recovered as arrears of land revenue and recognised as legally enforceable debts under the insolvency framework. The measures also provide graded penalties, voluntary digital registration, invoice settlement through the Trade Receivables Discounting System, and additional Facilitation Councils.
August 3, 2026
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Monetary policy rate setting remains cautious as inflation, liquidity, growth and global uncertainty shape the policy stance.
Monetary policy rate setting is expected to remain cautious amid global uncertainty, rising inflation risks and steady domestic growth. The inflation outlook is affected by energy-price pass-through, higher input costs, and seasonal and monsoon-related food-price pressures. Policy decisions are expected to remain data-dependent, guided primarily by domestic inflation, liquidity conditions and economic growth. A cautious or neutral stance is identified as preferable while external risks and inflation developments persist.
August 3, 2026
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Forward-looking financial disclosure raises revenue and earnings guidance while describing non-GAAP measures, capital allocation, and material business risks.
Financial performance reporting identifies increased bookings, revenue growth, continuing earnings, and backlog, with segment-level operating and margin measures. The release addresses cash flow, capital allocation through dividends, acquisitions and share repurchases, and increased full-year revenue and earnings guidance. Forward-looking statements concerning financial performance, operations, demand, liquidity and capital deployment are subject to identified risks and uncertainties. Non-GAAP measures are presented as supplemental to GAAP measures, with definitions and reconciliations stated to be available in accompanying materials.
August 3, 2026
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Counterfeit drug enforcement targets illicit manufacture, storage and trafficking networks, with coordinated seizures and referral of non-narcotic stock.
Counterfeit-drug enforcement under Operation Vajra addressed an inter-state network involved in the illicit manufacture, storage and distribution of narcotic drugs, psychotropic substances and spurious pharmaceutical products. Searches of unregistered godowns recovered narcotic products, unauthorisedly manufactured Buprenorphine injection ampoules, and counterfeit non-NDPS medicines. A farmhouse-based illicit manufacturing facility was dismantled, with machinery, chemicals and related materials seized under the NDPS Act, 1985.
August 3, 2026
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Anti-smuggling enforcement targets concealed gold, narcotics, protected products, prohibited e-cigarettes and restricted imports through coordinated intelligence operations.
Intelligence-led anti-smuggling operations resulted in seizures of foreign-origin gold, narcotic drugs, hydroponic weed, protected wildlife and forest products, prohibited electronic cigarettes, and restricted poppy seeds and areca nuts. The operations identified concealment through fabricated baggage cavities, false cargo declarations, misdeclaration of origin, forged documentation, and concealment in transport vehicles. Poppy seeds are restricted under the Foreign Trade Policy and may be imported only subject to conditions concerning legally cultivated produce from designated countries and registration of import contracts with the Narcotics Commissioner.
August 3, 2026
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Tax devolution advance instalment strengthens State finances for accelerated capital and developmental expenditure through distribution of Union tax proceeds.
Tax devolution was released to State Governments as an additional advance instalment alongside the normal monthly devolution schedule. The fiscal transfer shares net proceeds of Union taxes and duties with States, with the stated purpose of strengthening State finances and supporting accelerated capital and developmental expenditure. The release includes a State-wise distribution of tax-devolution proceeds.
August 3, 2026
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Financial performance reporting highlights revenue and EBITDA growth, garmenting recovery, retail optimisation, ESG commitments, and forward-looking risk disclosures.
Financial performance reflects growth in total income and EBITDA, with improved margin, reduced net working-capital days, and a net-cash position. Branded textiles and high-value cotton shirting reported lower revenue due to the prior-year base effect, while branded apparel grew but faced lower margin from channel mix. Garmenting improved through order-book execution, tariff rationalisation, and new global clients. ESG priorities include female representation, waste-management initiatives, renewable energy, emissions reduction, and workplace safety. Forward-looking statements remain subject to regulatory, political, economic, and technological risks.
August 3, 2026
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Foreign exchange market support strengthens the rupee as lower crude prices, portfolio inflows and reserve growth improve sentiment.
Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar, attributed to lower global crude oil prices, a weaker dollar, sustained foreign portfolio inflows, higher foreign exchange reserves, and Reserve Bank of India presence in the foreign exchange market. Domestic equity market gains and net foreign institutional equity purchases were also identified as supporting factors.
August 2, 2026
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Gold smuggling detection targets sophisticated concealment methods through strengthened passenger profiling, intelligence gathering and coordinated investigations into organised networks.
Gold smuggling detection at Kerala airports led to multiple seizures, registration of cases and arrests in alleged smuggling attempts. Organised networks reportedly use gold in paste or compound forms concealed in clothing, body cavities, aircraft seats and other unconventional locations. Enforcement measures include strengthened passenger profiling, intelligence gathering and inter-agency coordination, while investigations continue to identify associated syndicates and financiers.
August 2, 2026
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Offshore exploration funding supports deepwater drilling, shared infrastructure and seismic data to strengthen domestic hydrocarbon production potential.
The Samudra Manthan National Offshore Exploration Scheme provides direct budgetary support for high-risk deepwater and ultra-deepwater exploratory drilling, subject to cost-sharing and per-well limits. Support is available to eligible operators holding or securing exploration acreage. The scheme also funds offshore data acquisition and shared subsea, receipt and processing infrastructure through a Common Hub Infrastructure model. It is intended to promote risk exploration, improve commercialisation of offshore discoveries and strengthen domestic hydrocarbon production potential within the existing exploration and licensing framework.
August 1, 2026
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GST compliance enforcement combines taxpayer refunds, analytics-based fraud detection, cancellation of fake registrations, and recovery of outstanding VAT arrears.
Punjab attributed increased GST collections to voluntary compliance, intelligence-based enforcement and technology-driven tax administration, while facilitating compliant taxpayers through timely GST refunds. Data analytics, risk profiling and field verification were used to identify tax evasion, bogus billing, fake input tax credit networks and misuse of the GST registration framework. Measures included penalties, cancellation of fraudulent registrations and recovery of long-pending VAT arrears through attachment and auction of defaulters' properties.
August 1, 2026
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Cross-border barter trade resumes through Shipki La, subject to permitted goods, time limits, and import-export compliance requirements.
Cross-border barter trade through Shipki La between India and Tibet resumed after a six-year interruption. Traders may exchange specified goods under a barter arrangement and must return within 72 hours. Traders are required to comply strictly with import-export regulations prescribed by the Union Ministry of Commerce, emphasising transparency and regulatory compliance. Expansion of permitted goods may be pursued through prescribed governmental and external-affairs channels.
August 1, 2026
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Export growth projections outline pathways for Odisha to expand merchandise trade through export diversification, MSME support and financing initiatives.
Export growth projections for Odisha set out base, optimistic and ambitious scenarios through FY 2029-30, based respectively on historical growth, envisaged national export growth, and a larger share of national exports. Odisha's export basket remains concentrated in metals and minerals, led by aluminium products, with China as the principal export destination. Odisha Vision 2047 identifies exports, including MSME contributions, as an economic transformation driver, while export-financing and risk-mitigation initiatives aim to address financing gaps for exporters and MSMEs.

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Customs, DGFT & SEZ

Centre allocates 145 Crores rupees to Nagaland for the purpose of Unity Mall in Dimapur

June 22, 2023

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Centre allocates 145 Crores rupees to Nagaland for the purpose of Unity Mall in Dimapur

Efforts such as Krishi UDAN scheme, expanding railway connectivity to be undertaken to improve logistics facilities for ODOP products from Nagaland

Organic certification will play major role in insuring better access for Indian products in foreign markets and help gain better prices for farmers: Sumita Dawra, Special Secretary, DPIIT

Department for the Promotion of Industry and Internal Trade  and Invest India in collaboration with the Department of Industries and Commerce, Nagaland, and Press Information Bureau Kohima organized an ODOP Sampark event on the 21st of June 2023 at the Hotel Vivor, Kohima, Nagaland. The event was graced by the Smt. Sumita Dawra, Special Secretary, DPIIT, Govt. of India, Shri R. Ramakrishnan, IAS, Development Commissioner, Govt. of Nagaland and Shri Kekhrievor Kevichusa, Commissioner & Secretary, Industries & Commerce, Govt of Nagaland

The event was organized to create awareness regarding the efforts of DPIIT, Ministry of Commerce and Industry, Govt of India through its two flagship Initiative One District One Product (ODOP) and PM Gati Shakti (Logistics).

Smt. Sumita Dawra, Special Secretary, DPIIT, Govt. of India highlighted the efforts of DPIIT and Invest India in conducting a National Programme for Organic Production (NPOP) Drive in Kohima, Nagaland on 20th June 2023 for Chilli from Nagaland.

  • The workshop was attended by over 30 farmers of Chili from Kohima, Nagaland.
  • The documentation for the organic certification for over 15 chili farmers from Kohima was done during the workshop and the remaining will be completed soon after the verification of their documents.
  • This will play a major role in ensuring better access for Indian products in foreign markets like the EU, Switzerland, etc, and help gain better prices for the farmers.
  • She also highlighted that efforts will be undertaken to improve the logistics facilities for ODOP products from Nagaland like chili, turmeric, kiwi, pineapple, etc, through the Krishi UDAN scheme, expanding railway connectivity, etc.
  • She also noted that the Union Budget 2023-24 has allocated Rs 5000 crore for the construction of Unity Malls across the country. This will function as a one-stop marketplace for ODOP products across the country.
  • It was also highlighted that INR 145 Crores has been allocated for the proposed Unity Mall planned by the State government in Dimapur.
  • The One District One Product Awards have been instituted by DPIIT to acknowledge the extraordinary work done by States/ UTs, Districts, and Indian Missions Abroad, for the economic development of the State and contribute towards the realization of the Hon’ble Prime Minister’s vision of Atmanirbhar Bharat through the ODOP approach.  The Awards will be launched on 25th June 2023 in the Rashtriya Puraskar Portal.

The local officials representing the Department of Industries, Agriculture, Horticulture and APEDA also highlighted the need for an integrated Customs Depo, a dedicated Krishi rail wagon up to Dimapur, and connectivity under the Krishi Udan Scheme for connectivity of organic products.

  • The Special Secretary also assured that these matters will be proactively taken up with all concerned Ministries/Departments under the PM Gati Shakti National Master Plan.

The official from DPIIT Invest also highlighted the efforts  under the ODOP Initiative for the empowerment of Indian products through interventions like Design sensitization workshops, ODOP GeM Bazaar on Government e-Marketplace, ODOP exhibitions, etc.

The event also witnessed an ODOP Exhibition of ODOP products from Nagaland including Chili, fish, coffee, turmeric, etc. It also provided an opportunity for the media to interact with ODOP farmers from Nagaland. The farmers were also able to raise their concerns with the officials for the promotion and empowerment of producers from Nagaland.

  • A review meeting on PM GatiShakti National Master Plan (NMP) under the chairpersonship of Special Secretary (Logistics) with officials of Govt of Nagaland being organized at Kohima on 21st June 2023. The objective of the meeting is to promote wider adoption of PM GatiShakti for holistic planning, bring more vigor and build synergy with all the stakeholders of the PM GatiShakti NMP.
  • The meeting was addressed by Sh Jan e Alam, Chief Secretary, Govt of Nagaland and Ms Sumita Dawra, Special Secretary (Logistics), DPIIT
  • Over 30 officials of Govt of Nagaland comprising the members from Empowered Group of Secretaries (EGoS) and Network Planning Group (NPG) of State attended the meeting.
  • PM GatiShakti is a transformative approach which was launched on October 13th, 2021 by the Hon’ble Prime Minister for planning & building Next Generation Infrastructure in the country, thereby promoting multimodal logistics connectivity to improve both Ease of Living as well as Ease of Doing Business.
  • Special Secretary in her presentation addressed the adoption of PM GatiShakti with a holistic approach and demonstrations of best practices by Ministries and States. Deliberations on requirements for State Master Planning, with special attention on data quality management, area development approach for developing economic centres in the North East, strengthening the North East corridor through adequate multimodal connectivity, Area planning approach for upcoming infrastructure projects, use of technology for improving logistics efficiency were the main highlights of the meeting.
  • Since the launch of PM GatiShakti National Master Plan, the Nagaland State has created requisite framework in terms of Institutional Arrangements/Policy Formulation for alignment with PM GatiShakti framework. Empowered Group of Secretaries (EGoS), Network Planning Group (NPG), and Technical Support Unit (TSU) have been constituted in the State comprising various departments like Power, Roads, Urban Development, Tourism, Transport etc. As on 13th June, 2023 out of 30 mandatory data layers, twenty-two (total/partial) have been integrated in the State Master Plan (SMP) platform. Data layers such has Forest, Eco sensitive zones, Village habitations, Economic areas, Roads, etc have been integrated.
  • As part of Special Assistance Scheme for the States under Part-II for the FY 2022-23, an amount of Rs 28.43 crores was disbursed for the projects mentioned
  • Modern Aggregation Centre at Longnak, Mokokchung District
  • Modern Aggregation Centre at Changtongya, Mokokchung District
  • Integrated warehouse and distribution center at Meluri, Phek District
  • PM GatiShakti Data center at Kohima
  • Modern Aggregation Centre at Pfutsero, Phek District
  • Five projects submitted as part of State Annual Action Plan have been mapped on the SMP. Development of Customised tools important for economic and social infrastructure planning and for decision making is under discussion with BISAG-N

  • To complement the PM GatiShakti NMP, the National Logistics Policy (NLP) was launched to address the components of improving efficiency in logistics services and human resource through streamlining processes, regulatory framework, skill development, mainstreaming logistics in higher education and adoption of suitable technologies. To bring a holistic focus on Logistics at State level, Nagaland State Logistics Policy is under final draft stage with State.
  • The State participated in the Fourth Regional Workshop of PM GatiShakti for North East Regional Workshop which was conducted on 24-25th March 2023 in Guwahati, Assam.
  • State has been regularly participating in zonal review meetings and interacts with DPIIT officials for better coordination on the adoption of PM GatiShakti.
  • The training and capacity building of Govt officers from the State have been done at BISAG-N, Gandhinagar
  • The meeting concluded with the following remarks from Ms Sumita Dawra, Special Secretary, Logistics, DPIIT, Govt. of India requesting the State on the following:

  • Use NMP/SMP for planning all upcoming infrastructure projects.

  • Improve data mapping and authenticity of data on the data layers mapped on SMP.
  • Focus on development of economic centres in the North East through appropriate infrastructure and logistics development.
  • Usage of SMP for Area Development Approach on the identified area
  • Identify critical infrastructure gaps and ensure they are taken up for connectivity projects.
  • Onboarding of social sector departments of the State in PM Gatishakti for Planning of social infrastructure
  • Leverage local remote sensing agencies / space agencies for development of geo-tagged data, under guidance of BISAG-N, Ahmedabad
  • Sensitizing and penetration of PMGS adoption at district level for effective area development planning, to improve both Ease of Doing Business and Ease of Living of citizens.
  • Annexture

    Background on ODOP

    The ODOP initiative is a visionary program aligned with the Hon’ble Prime Minister's vision of fostering inclusive development across all districts of India. The objective is to identify and promote a distinct product from each district, thereby creating a niche identity for them. By focusing on these chosen products, ODOP aims to drive holistic socio-economic growth and improve market accessibility.  Over 1000 products have been selected from all 761 districts of the country. The products are selected by the State Government in consultation with district administration.

    The ODOP initiative covers a wide range of products spanning textiles, agricultural produce, processed goods, pharmaceuticals, and industrial items. The aim is to promote and harness the diverse expertise present in different sectors and communities across the country. 

By identifying and addressing challenges throughout the supply chain, enhancing market reach, and providing dedicated support to producers, ODOP aims to transform districts into prominent market hubs for their chosen products. Through this comprehensive approach, ODOP is set to empower districts, promote entrepreneurship, and contribute to the overall economic growth and prosperity of the nation.

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