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    IndoStar Capital Finance Limited Q1FY27 Disbursements ₹ 1,235 crore up 44% vis-à-vis Q1FY26
    Global gold demand flat at 1,269 tonnes in June quarter, says WGC
    MCD to launch 5-year PPP policy to modernise school stadiums, offer free sports coaching
    Piramal Pharma Limited Announces Results for Q1 FY27
    Advisory on Keeping on Hold the Proposed e-Way Bill Enhancements
    Innovation, Startups, MSMEs and Quality Manufacturing are Pillars of India's Future Growth: Shri Piyush Goyal at 22nd J.R.D. Tata Memorial Lecture
    UP ATS nabs kingpin of fake document racket from West Bengal
    Calcutta HC says voter ID, Aadhaar, PAN not proof of Indian citizenship
    Corporate Mitra Scheme Awareness Webinar organized by IICA Shillong, Ministry of Corporate Affairs witnessing overwhelming participation of youth and ...
    CCI approves amalgamation of Go Digit Infoworks Services, holding company of Go Digit General Insurance Ltd, with Go Digit General Insurance Ltd, such...
    CCI approves acquisition of units of Oaktree capital group Holdings, L.P. (OCGH), and Oaktree Equity Plan, L.P. (OEP) by Brookfield Asset Management L...
    Assam Exports First International Consignment of Purabi Ice Cream to Bhutan
    Building Deep and Resilient Financial Markets for a Viksit Bharat - Keynote Address delivered by Shri Rohit Jain, Deputy Governor at the Financial Ins...
    RBI issues Draft (Securitisation Transactions) Amendment Directions
    Rupee rises 5 paise to 95.77 against US dollar in early trade
    Woman GST officer, consultant caught taking Rs 60,000 bribe in Maharashtra's Jalna
    Zelenskyy has 'good meeting' with Trump at White House as he seeks more cooperation with US
    Creation of separate ministry infused new energy in India's cooperative movement: Amit Shah
    Railways operates first-ever direct freight train from Kolkata Port to Nepal's Biratnagar
    Haryana Cabinet approves housing, EV, MSME and governance reforms
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    July 30, 2026
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    Secured retail lending growth accompanied enhanced credit controls, digital lending processes, and branch expansion by a middle-layer non-banking finance company.
    IndoStar Capital Finance Limited, a middle-layer non-banking finance company registered with the Reserve Bank of India, reported growth in secured used-vehicle finance and micro loans against property for the quarter ended June 30, 2026. It reported higher disbursements, assets under management and net interest income, alongside a lower weighted average cost of funds. The company also stated that it strengthened underwriting, customer-selection filters, scorecards and early-warning systems, while advancing electronic lending processes and expanding its branch and micro-loans-against-property network.
    July 30, 2026
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    Gold demand trends show central bank buying and OTC investment offsetting weaker ETF and jewellery demand.
    Global gold demand remained broadly unchanged during the April-June quarter, with reduced gold exchange-traded fund, bar and coin investment offset in part by over-the-counter investment supported by Asian investors. Central banks and official institutions increased net additions to gold reserves, while high prices reduced jewellery volumes and encouraged demand for lighter products. Total supply was unchanged as increased mine production was offset by lower recycling. Investment is expected to drive future demand, while high prices may continue to constrain jewellery demand and recycling.
    July 30, 2026
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    Sports infrastructure PPP framework enables private stadium operation while requiring free coaching, child protection compliance, and student performance tracking.
    The PPP framework permits private operators to modernise, operate and maintain school sports stadiums at their own cost, while providing free organised sports training to enrolled students. Operators may commercially offer paid coaching and facilities to external users outside school hours, subject to student-related obligations. Selection is based on technical eligibility and detailed evaluation of sports, PPP, operational and technology capabilities. Agreements have an initial five-year term, with possible extension based on performance, mutual consent and public interest. Child-protection compliance, bank-routed transactions and disqualification for insolvency or statutory and child-safety violations apply.
    July 30, 2026
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    Quarterly financial reporting highlights operational growth, FDA inspection compliance, product integration, and prior insolvency proceeds in pharmaceutical operations.
    Quarterly financial reporting records revenue growth and improved EBITDA performance across CDMO, Complex Hospital Generics and Consumer Healthcare operations. CDMO growth was linked to order inflows, higher capacity utilisation, pricing discipline and commercial expansion, while quality compliance included an Establishment Inspection Report for the Sellersville facility and continued Zero Official Action Indicated status. The prior-year exceptional item related to one-time insolvency proceeds from a supplier claim filed before the NCLT. Consumer Healthcare growth was attributed to power brands, e-commerce, premiumisation, pricing and cost optimisation.
    July 30, 2026
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    Proposed e-Way Bill enhancements remain on hold, with no production changes required pending further communication.
    Proposed e-Way Bill enhancements have been kept on hold until further notice. Stakeholders are not required to make production-environment changes pursuant to the earlier advisories concerning those enhancements. The related advisories and FAQs are to be withdrawn from the GST Portal pending further communication.
    July 30, 2026
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    Innovation-led industrial growth promotes deep-tech investment, startup commercialisation, technology-enabled MSMEs, quality manufacturing and global market expansion.
    Innovation-led industrial growth is linked to deep technology, research and development, skilled manpower, startups, MSMEs and globally competitive manufacturing. Public initiatives include long-term risk capital for emerging technologies, affordable computing capacity and semiconductor investment support. Startups are encouraged to move from prototypes to commercialisation through industry adoption and early domestic investment. Manufacturing and MSME policy emphasise technology adoption, automation, productivity, branding and uncompromising quality. Free Trade Agreements are presented as supporting global market access and export expansion.
    July 29, 2026
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    Fraudulent Aadhaar enrolment allegations involve forged supporting documents, misuse of operator credentials, remote access, and continuing investigation.
    Forgery of Indian identity and supporting documents is alleged in an interstate racket using false birth, domicile and school certificates to obtain Aadhaar cards for foreign nationals. The racket allegedly misused authorised Aadhaar enrolment operator login credentials and used virtual private networks and remote access to enrol applicants. The alleged mastermind was arrested, and investigation, including proposed custodial interrogation, remains ongoing.
    July 29, 2026
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    Citizenship proof requires more than identity, tax, electoral or banking records when nationality remains unestablished.
    Voter identity cards, Aadhaar cards, PAN cards and bank-account records were treated as non-conclusive proof of Indian citizenship. The petitioner and detainee were required to establish citizenship under the Immigration and Foreigners Act, 2025, and an appeal against deletion from electoral rolls did not itself satisfy that burden. The inability to identify the burial locations of the detainee's parents prevented proposed DNA-based verification and supported an adverse inference concerning their citizenship.
    July 29, 2026
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    Corporate Mitra Scheme builds local compliance professionals to strengthen MSME regulatory, financial, taxation, accounting and governance support.
    The Corporate Mitra Scheme develops qualified and accredited para-professionals to provide MSMEs with accessible, affordable compliance and business-support services. Corporate Mitras are intended to assist enterprises with regulatory compliance, finance, taxation, accounting and governance-related requirements, enabling MSMEs to focus on innovation, expansion and growth. IICA Shillong serves as the nodal agency for Northeast regional coordination, stakeholder liaison, promotion and awareness, with regional participation encouraged through reserved course seats and a fee concession.
    July 29, 2026
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    Amalgamation of Go Digit Infoworks with Go Digit General Insurance approved, with the general insurer continuing as surviving entity.
    The Competition Commission of India approved the amalgamation of Go Digit Infoworks Services Private Limited, the holding company of Go Digit General Insurance Limited, with Go Digit General Insurance Limited as the surviving entity. Infoworks has no present market-facing business activities. Go Digit General provides general and health insurance products and services in India, with a specialised focus on general insurance.
    July 29, 2026
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    Competition approval enables Brookfield's indirect acquisition of Oaktree entities, combining alternative investment management businesses.
    Competition approval was granted for Brookfield Asset Management Ltd. to indirectly acquire units in Oaktree Capital Group Holdings, L.P. and Oaktree Equity Plan, L.P., resulting in the acquisition of the Oaktree operating group of entities. Brookfield Asset Management is a global alternative asset manager, while the Oaktree group provides alternative investment management services.
    July 29, 2026
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    Processed dairy exports to Bhutan expand through compliance support, market access facilitation, and planned diversification of longer-shelf-life products.
    Processed dairy exports from Assam to Bhutan commenced with a Purabi Ice Cream consignment exported by North East Dairy and Foods Limited and manufactured through Assam's cooperative dairy network. The Agricultural and Processed Food Products Export Development Authority supported export documentation, regulatory compliance, market access and stakeholder coordination. The initiative seeks to expand value-added dairy exports from the North Eastern Region, with plans to introduce longer-shelf-life products and increase exports according to market demand.
    July 29, 2026
    Show AI Summary
    Financial-market depth requires reliable liquidity, risk transfer, transparent products and shared institutional responsibility for resilient long-term financing.
    Financial-market depth requires reliable liquidity and price discovery, efficient risk distribution, and diverse, meaningful participation across market conditions. Government and corporate bond markets, money markets, and foreign exchange and derivative markets should channel long-term savings into investment and enable management of interest-rate, currency and credit risks. Product innovation must serve genuine needs and be supported by suitability assessments, transparent disclosure, fair pricing, independent valuation and user risk-management capacity. Regulators, market institutions, issuers, investors and infrastructure providers share responsibility for resilient, transparent and trusted markets.
    July 29, 2026
    Show AI Summary
    Securitisation Note amendments seek stronger issuance efficiency, liquidity and transparency, with stakeholder consultation invited on proposed directions.
    Draft amendments to securitisation transaction directions seek to improve the efficiency, liquidity and transparency of issuing and subsequently transferring Securitisation Notes. The proposals apply to commercial banks, small finance banks, non-banking financial companies and all India financial institutions. Public and stakeholder comments are invited through the designated regulatory consultation platform or alternatively by post or email.
    July 29, 2026
    Show AI Summary
    Rupee appreciation reflected weaker dollar conditions, equity inflows, crude oil movements and positive domestic market sentiment.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar. A weaker US dollar, lower crude oil prices relative to earlier levels, positive domestic equity sentiment, and foreign institutional investors' net purchase of Indian equities were identified as key influences. The dollar index weakened ahead of a monetary policy announcement, while crude prices rose amid renewed geopolitical tensions. Domestic benchmark equity indices also advanced in early trade.
    July 29, 2026
    Show AI Summary
    Input Tax Credit unblocking allegedly involved illegal gratification, prompting a trap operation and apprehension of the officer and consultant.
    Alleged bribery connected with unblocking Input Tax Credit arose after an electronics trader received a show-cause notice and had its ITC blocked. A private tax consultant allegedly conveyed that a State GST officer demanded illegal gratification for unblocking the credit and encouraged the trader to settle the demand. Following a complaint, a trap operation allegedly led to the apprehension of the officer and consultant, with further legal action in progress.
    July 29, 2026
    Show AI Summary
    Defence production licensing and Russian energy sanctions shaped discussions on Ukraine's security capacity, missile supply and diplomatic engagement.
    Ukraine-US discussions addressed licences for domestic Patriot defence-system production, wider defence-production cooperation, technology exchange and missile supply funded through European resources. Ukraine also sought support for a sanctions bill designed to increase economic pressure on Russia by imposing tariffs on goods from major purchasers of Russian oil and gas and by sanctioning Russian leaders, financial institutions and energy projects. The proposed defence-production licence was identified as a longer-term measure, alongside calls for renewed diplomatic engagement.
    July 29, 2026
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    Cooperative-sector modernisation strengthens rural finance through expanded credit societies, online audits, institutional connectivity and technology-enabled cooperative banking.
    Cooperative-sector modernisation is presented as a mechanism for strengthening rural institutions, farmer prosperity and the rural economy. The separate Ministry of Cooperation provides an administrative, legal and policy framework for the cooperative movement. Key initiatives include establishing new primary agricultural credit societies and dairy cooperative societies, expanding business activities for primary agricultural credit societies, online auditing, and connecting cooperative institutions. District cooperative banks are described as important institutions for meeting the financial requirements of expanding service and dairy cooperative societies.
    July 28, 2026
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    Direct containerised rail freight movement enables seamless Kolkata Port-to-Biratnagar cargo transport without border transshipment under revised transit arrangements.
    Direct containerised rail freight movement between Kolkata Port and Biratnagar Customs Yard has commenced under the revised India-Nepal Rail Transit Protocol. The service enables end-to-end commercial rail carriage without border transshipment through the Jogbani-Biratnagar broad-gauge connection. Implementation of the revised Letter of Exchange operationalises direct commercial rail access, intended to reduce transit time, logistics costs and cargo handling while improving supply-chain efficiency, reliability and cross-border trade.
    July 28, 2026
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    State governance reforms expand housing relief, local audits, MSME support, property records, welfare measures and clean-vehicle tax incentives.
    The reforms provide concessional stamp duty and registration charges for eligible Economically Weaker Section housing beneficiaries, a statutory local-audit framework, and incentives for MSMEs and exports. They also establish rules for ownership records in Lal Dora areas and introduce a formula-based urban property-tax assessment framework with exemptions. Welfare measures cover compensation for specified unnatural custodial deaths, ex-Agniveer reservation, and compassionate appointments. Motor-vehicle tax measures provide a rebate for qualifying vehicles registered in women's names and exemptions for new electric vehicles.

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      Klüber Lubrication's Sustainable Solutions for Modern Mobility

      January 16, 2025

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      To showcase Specialized and Custom Lubricants for the Automotive Industry at Bharat Mobility Global Expo 2025 NEW DELHI, Jan. 16, 2025 /PRNewswire/ -- Klüber Lubrication, a global leader in specialty lubricants, is set to exhibit its state-of-the-art solutions at the Bharat Mobility Global Expo 2025, at Yashobhoomi – IICC, New Delhi. The company's booth, located in Hall 2 #N20, will showcase a range of advanced products designed to enhance automotive component performance and reliability. These innovations are set to reduce downtime, improve efficiency, and support the transition to a more sustainable future. By offering a comprehensive range of innovative lubricants, Klüber Lubrication continues to drive excellence and sustainability in the automotive industry.

      Empowering India's Automotive Future with "Make in India" Klüber Lubrication India proudly supports the "Make in India" initiative, strengthening local manufacturing capabilities and addressing the unique demands of the Indian automotive sector. Its advanced manufacturing facilities maintain the highest global quality standards, integrating cutting-edge technologies to meet local and international needs.

      "Our mission at Klüber Lubrication is to create products that align with our customer's needs while contributing to India's economic growth. By manufacturing in India, it allows us to reduce lead times, lower costs, and strengthen partnerships with local suppliers. 'Make in India' is more than a slogan for us—it is a core principle that drives us to empower local resources, foster self-reliance, and uphold our global commitment to quality and innovation," said Hitendra Bhargava, CEO and Regional Management Board Member Asia Pacific, Klüber Lubrication.

      With a dedicated R&D center and tribology lab, Klüber Lubrication India adds significant value to the product validation process. This facility operates in alignment with the IATF 16949 standards, ensuring global compliance. By utilizing local resources and expertise, the company reduces dependence on imports, enhances delivery efficiency across the nation, and supports India's Production-Linked Incentive (PLI) objectives. This commitment not only contributes to India's economic growth but also reflects Klüber Lubrication's mission to create solutions tailored to the needs of its customers.

      Furthering its commitment to "Make in India," Klüber Lubrication recently announced a ₹142 crore (€15.6 million) investment to expand its Mysore facility. The upgrade includes a new production hall with advanced technology, improved R&D infrastructure, and faster product launches, set to be operational by early 2027.

      The Mysore plant has already been pivotal in developing innovative products like Klübersynth LEB 94-81 BH, featuring integrated calcite technology for exceptional load-bearing capability in both high and low temperatures. This product is ideal for applications such as constant velocity joints, electric seat adjustment mechanisms, and window regulators, providing reduced noise and outstanding wear protection. Additionally, the plant produces ISOFLEX TOPAS L 32 N BH, a flagship product for the automotive sector. The plant has also developed a new range of silicone-based greases that enhance reliability and performance in critical braking systems. This innovation improves safety and longevity, adding significant value to the automotive industry by ensuring better braking across various vehicle types.

      By producing locally, Klüber Lubrication offers flexibility, reduces costs, and ensures timely delivery of high-quality products, strengthening its presence in the automotive market.

      Klüber Lubrication Pioneers Advanced Lubrication Solutions for SUVs As SUVs gain popularity in India, their larger size and weight place extra pressure on suspension systems, requiring superior lubrication for smooth and reliable performance. Addressing this critical requirement, Klüber Lubrication provides innovative and eco-friendly solutions tailored for these demands.

      SUV components like ball joints, wheel bearings, brakes, and steering systems face high stress and tough conditions. Klüber Lubrication's high-performance greases and oils are designed to deliver exceptional durability, ensuring smooth operation for SUVs navigating diverse terrains across India.

      SUV buyers, often in premium segments, expect a quiet, comfortable ride. Klüber's lubricants reduce noise, vibration, and harshness (NVH), offering a serene cabin experience. Designed for India's climate and roads, Klüber's solutions enhance SUV performance, safety, and reliability.

      Klüber Lubrication: Helping put E-mobility solutions on the fast track Klüber Lubrication is revolutionizing electric vehicle (EV) performance with advanced lubricants designed to meet the unique demands of e-mobility. Its innovative Hydro Lubricants, using water as a base, reduce friction, improve cooling, and enhance energy efficiency, enabling EVs to achieve greater range per charge while lowering gearbox temperatures by up to 17°C. Additionally, electrically conductive greases protect motors from electrical arcing, ensuring long-term reliability, while specialized lubricants ensure smooth motion control in actuators and drive systems.

      "SUVs and electric vehicles demand next-level lubrication solutions to tackle their unique challenges. SUVs operate in tough conditions, requiring higher durability and a smooth driving experience under varied stresses, while EVs need solutions that enhance efficiency, ensure reliable performance, and align with the growing focus on sustainable mobility. Our products are meticulously designed to meet and exceed these demands," said Joseph Robert, Associate General Manager - GBT, India.

      Klüber also provides tailored solutions for critical EV systems, such as charging connectors, cooling system actuators, and drivetrain components, enhancing durability and performance under stress. By minimizing noise, vibration, and harshness (NVH), these lubricants deliver a quieter and more refined driving experience. Committed to sustainability, Klüber's solutions not only improve energy efficiency but also extend maintenance intervals and component life, supporting greener and more reliable e-mobility.

      A Commitment to Sustainability and Innovation Klüber Lubrication's dedication to sustainability is evident through its eco-friendly manufacturing processes and a continuous focus on developing lubricants that reduce environmental impact. In recognition of its efforts, the company received the Ecovadis Gold Medal for the third consecutive year, ranking among the top 5% of businesses worldwide for environmental and ethical practices. Its energy efficiency programs have saved over 445,000 MWh, significantly reducing its carbon footprint.

      By collaborating with leading OEMs and Tier 1 suppliers, Klüber Lubrication is co-developing solutions for emerging automotive trends like hybrid powertrains and lightweighting. These partnerships ensure the company's products are always ahead of the curve, meeting the ever-evolving needs of the industry.

      About Klüber Lubrication Klüber Lubrication is one of the world's leading manufacturers of speciality lubricants, offering high-end tribological solutions to virtually all industries and markets worldwide. Most products are developed and made to specific customer requirements. During its more than 90 years of existence, Klüber Lubrication has provided high-quality lubricants, thorough consultation and extensive services, which has earned it an excellent reputation in the market. The company holds all common industrial certifications and operates a test bay hardly rivalled in the lubricants industry. Klüber Lubrication, set up as a retail company for mineral oil products in Munich in 1929, is today part of Freudenberg Chemical Specialities SE & Co. KG, a Business Group of the Freudenberg Group, Weinheim. Klüber Lubrication has about 2.000 employees in more than 30 countries. | http://www.Klüber .com About Freudenberg Chemical Specialities Freudenberg Chemical Specialities Munich was founded in 2004 as a new Business Group within the Freudenberg Group, Weinheim, Germany, a family-owned, diversified technology company with a history of more than 160 years. Freudenberg Chemical Specialities has a lean, market-oriented organisation with Management Board and Corporate Functions. Its objective is to promote innovation potentials in its field of activities and to expand world-wide market leadership in special lubricants and release agents. The Business Group includes five largely independent divisions which are active in more than 50 countries: Klüber Lubrication, Chem-Trend, SurTec, Capol and OKS.

      About Freudenberg in India Freudenberg has held business ties with companies in India for more than 90 years. The Group has 11 production sites around India, across several different industries, and employs around 3,000 people at 20+ locations. | www.freudenberg.com Logo: Embedded Media (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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