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    Gold rises Rs 1,000 to Rs 1.48 lakh/10g on fresh retail buying
    DFS Launches Protection & Indemnity Insurance Product under Bharat Maritime Insurance Pool (BMIP)
    Investec Selects Infosys Finacle SaaS Platform on Microsoft Azure for Digital Banking Transformation
    Kotak Securities Earns Great Place to Work® Certification and Recognition Among India's Best Workplaces™ in Investments 2026
    India rises from 82nd to 57th in global rankings, in structural and pro-competitive reforms: Report by Competere Foundation
    Aadhaar enrolment in Manipur has reached 87-88 pc: Officials
    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
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    Corporate Mitra Scheme Awareness Webinar organized by IICA Shillong, Ministry of Corporate Affairs witnessing overwhelming participation of youth and ...
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    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...
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    July 30, 2026
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    Gold market volatility reflects retail buying, global price trends, currency movements, and weaker domestic demand linked to higher customs duty.
    Gold prices rose on fresh buying by jewellers and retailers amid firm international trends, while silver prices declined. Improved domestic demand and a pullback in the US dollar supported gold, though a stronger rupee limited further gains. India's gold demand declined year-on-year during April-June, attributed to seasonally subdued sales, higher customs duty and an appeal to reduce purchases. Global gold demand remained broadly unchanged, while precious metals were expected to remain volatile and range-bound.
    July 30, 2026
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    Protection and indemnity insurance expands domestic maritime risk coverage for third-party liabilities and strengthens self-reliant insurance capacity.
    Bharat Maritime Insurance Pool has introduced a sovereign-backed Protection & Indemnity insurance product to cover third-party maritime liabilities, including crew and cargo claims, pollution liability and wreck removal. The product expands the pool beyond cargo and hull war-risk coverage and is supported by combined indemnity capacity and a port-correspondent network. The pool is intended to maintain uninterrupted maritime war-risk insurance, build domestic underwriting capacity, strengthen maritime risk management, reduce foreign-market dependence and promote self-reliance in specialised insurance solutions.
    July 30, 2026
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    Cloud-native digital banking transformation integrates lending, cash management and liquidity tools while supporting scalable, resilient and compliant operations.
    Digital banking transformation through a cloud-native software-as-a-service platform entails migration from legacy systems to integrated deposits, lending, virtual account management and liquidity-management capabilities. Real-time data, artificial intelligence foundations, open APIs and event-driven architecture are intended to support digital banking products, corporate cash management and operational agility. Liquidity tools are designed to provide visibility and control over cash positions and working capital. The implementation is intended to deliver scalability, resilience, security and high availability while assisting regulatory compliance; projected benefits remain subject to risks and uncertainties.
    July 30, 2026
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    Workplace culture recognition highlights continued investment in employee wellbeing, inclusion, learning, collaboration and growth at a stockbroking firm.
    Workplace culture recognition was awarded to Kotak Securities through Great Place to Work Certification for a second consecutive year and inclusion among India's Best Workplaces in Investments 2026. The recognition followed assessment of employee feedback, workplace practices and organisational culture, reflecting employee trust, engagement and belonging. The company states that it will continue initiatives supporting employee wellbeing, learning and development, inclusion, collaboration and growth.
    July 30, 2026
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    Pro-competitive reforms strengthen market conditions through competition policy, investment review, trade facilitation, and reduced international regulatory barriers.
    Structural and pro-competitive reforms between 2010 and 2023 are assessed as reducing market distortions and strengthening competitiveness. The assessment covers property-rights protection, domestic competition and international competition, including the Goods and Services Tax, Insolvency and Bankruptcy Code, regulatory improvements and trade-facilitation modernisation. Further priorities include evidence-based competition policy, consumer-welfare review of sector-specific investment restrictions, and cooperation to address international regulatory barriers.
    July 30, 2026
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    Aadhaar enrolment access expands through a new service centre, with coordinated efforts focused on improving young children's coverage.
    Aadhaar enrolment in Manipur has reached approximately 87-88 per cent, with comparatively lower coverage among children aged 0-5 years. The first Aadhaar Seva Kendra in Imphal has been inaugurated to expand access to enrolment and Aadhaar-related services. The State Government is coordinating with welfare and health departments, hospitals and UIDAI to improve young children's enrolment, alongside services available through Deputy Commissioners' offices and authorised enrolment centres.
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
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    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
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    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.

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      JSW MG Motor Accelerates Into Wider NEV Portfolio: Unveils MG Cyberster and MG M9 Under its Luxury Brand Channel, MG Select

      January 21, 2025

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      New Delhi, Delhi, India – Business Wire India • Portfolio of 5 EVs across different segments with the Windsor, Comet, ZS, Cyberster and M9 • MG Cyberster, India’s First all-electric Roadster, combines iconic roadster heritage with modern brand design language • Power meets sustainability with the MG M9, India’s first electric three row presidential limousine.

      • Debut of MG Select, the new luxury brand channel to make luxury cars more accessible for discerning car buyers in India • Pre-reservations for MG Cyberster and M9 commence today JSW MG Motor India has ushered in a new age of ‘accessible luxury’ with two new models - MG Cyberster, India’s First all-electric Roadster and the MG M9, India’s first electric three-row presidential limousine, slated to be launched this year. Unveiled at the Bharat Mobility Global Expo 2025 today and debuting under its new luxury brand channel, MG Select, these new models underscore the company’s vision to usher in a new era of mobility in India – one that is intelligent, sustainable, and customer-focused. Pre-reservations for the MG Cyberster and M9 commence today, and customers can log on to www.mgselect.co.in and pre-book these two cars. With these two new models, the brand will soon have the widest EV portfolio with five different models across different segments, including the MG Windsor - the number one selling EV since its launch, the MG Comet, and the MG ZS.

      The MG Cyberster, India’s First all-electric Roadster, reimagines the classic MG B Roadster with best-in-class technology and futuristic design, blending classic elegance with exhilarating performance. A completely new roadster designed for a new generation of sportscar drivers, the MG Cyberster opens a bold and compelling new chapter for the brand. The MG M9, India’s first electric three-row presidential limousine, is conceptualized to provide ultimate comfort and luxury on wheels. Redefining a luxury EV with spacious interiors, superior craftsmanship, and long range, the MG M9’s charisma will appeal to luxury buyers in India.

      Talking about the brand’s continued success in EVs, Parth Jindal, Director, JSW MG Motor India, “Unveiling the two new models at the Bharat Mobility Global Expo, Parth Jindal, Director, JSW MG Motor India, said “JSW MG Motor India is redefining the very concept of accessible luxury in the country by unveiling two luxurious pure EVs that combines legacy and modernity. Having brought the much-needed disruption in the EV market with Windsor EV, we are now set to give a new meaning to the modern roadster standard with MG Cyberster, with its iconic design and value-added features. Along with MG Cyberster, the introduction of the MG M9 presidential limousine is our attempt to provide ultimate comfort and luxury on wheels. With these unveils, we are offering a unique blend of style and features for the discerning buyers, reflecting on our firm commitment to bring world-class luxury and technologically-advanced, sustainable mobility solutions in India.” Speaking at the expo, Rajeev Chaba, CEO Emeritus, JSW MG Motor India, "At JSW MG Motor India, innovation is a core pillar of our brand. We are committed to consistently disrupt the market for our customers, particularly with a sharp focus on NEVs. Our entry into the accessible luxury segment through MG Select is another testament to our persistent efforts to bring the best offering to our consumers. It is this commitment that sets us apart.

      With MG Select and our premium product portfolio, we are leading the transition towards an accessible luxury market. The MG Cyberster and M9 will further enhance our growth story in India and enable us to establish the accessible luxury space in India. We remain optimistic about our vision for mobility in India, which will certainly resonate with Indian car buyers.” The MG Windsor has been creating waves since its launch in September last year. After making history as the first passenger EV in India to garner 15,176 bookings within 24 hours of its booking announcement, it also achieved the production milestone of 10,000 in just three months. This achievement underscores the growing enthusiasm for MG’s offerings among Indian buyers and reflects the increasing demand for four-wheeler EVs in the market, signaling a clear shift towards electric mobility.

      JSW MG Motor India, known for its commitment to excellence and innovation, is redefining accessible luxury with ‘MG Select’, its new luxury brand channel. Designed for discerning customers, MG Select emphasizes purposeful, new-age experiences. With exclusive experience centers planned across 12 cities, featuring unique, minimalistic showrooms, this new-age luxury brand channel blends innovation, sustainability, and curated offerings to set new benchmarks in modern luxury. Rooted in the rich legacy of Morris Garages, MG Select will offer slick products and best-in-class NEV technology, seamlessly combining environmentally conscious mobility with timeless design. MG Select will deliver exceptional style, performance, and sophistication, ushering in a purpose-driven, new era of luxury in India.

      The MG pavilion showcased an extensive line-up of futuristic products across different powertrains, global portfolio showstoppers and segment-first models from its popular Indian portfolio. Themed Drive.Future, the pavilion helped visitors envision the future of mobility through a series of innovative products, advanced technology, new-age mobility solutions and elevated customer experience.

      Details of products unveiled at the Bharat Mobility Global Expo 2025 MG Cyberster: India’s first all-electric Roadster, the MG Cyberster featuring India’s first-ever electric scissor doors, operating from single-touch button across the interior console, key fob and each door in a rapid 5-second open and shut time. Engineered to ensure safety, the built-in Dual Radar sensors on each door provide protection sideways and upwards while opening. It is also clubbed with an anti-pinch bounce back feature ensuring safety for the consumer while closing the door. With lightning-fast acceleration (0 to 100 kmph in 3.2 seconds) and a sleek silhouette, the MG Cyberster’s iconic design pays homage to MG’s storied heritage while redefining the modern roadster standard. Featuring an aerodynamic Kammback design, the electric vehicle comes with the industry’s slimmest 77 kWh battery pack, with a thickness of just 110 mm. MG Cyberster is a powerhouse of elegance, sportiness, and innovation.

      MG M9: The MG M9, India’s first electric three-row presidential limousine is conceptualised to provide ultimate comfort and luxury on wheels. The limousine is built with a charismatic blend of signature styles, from its touchscreen armrest on reclining ottoman seats in the second row to the trapezoidal front grille on the exterior. With 8 massage modes in the ottoman seats and the 3-zone climate control, it ensures an elevated sense of comfort, all of which can be controlled from the touchscreen panel on the armrest. This majestic limousine is for the discerning few who long to travel with the best amenities and can comfortably seat seven passengers across three rows. The quite cabin atmosphere is comparable to a theatre with stunning audio pleasure. High on performance, MG M9 offers an immersive panoramic sunroof and front-opening skylight. With electrically powered technology, the car sets a new standard of luxury and leisure.

      About JSW MG Motor India SAIC Motor, a global Fortune 500 company with a presence in over 100 countries and JSW Group (India's leading conglomerate with interests across B2B and B2C sectors) formed a joint venture - JSW MG Motor India Pvt. Ltd. in 2023. The joint venture aims to build an innovative and sustainable automotive ecosystem while continuing to stay focused on developing a diverse portfolio of vehicles to give car buyers better access to advanced technologies and futuristic products with attractive value propositions. JSW MG Motor India Pvt. Ltd. is committed to introducing world-class technology, strengthening the manufacturing landscape, best of innovation across its business operations, and generating significant employment opportunities through extensive localization.

      About Morris Garages Founded in the UK in 1924, Morris Garages vehicles were world-famous for their sports cars, roadsters, and cabriolet series. MG vehicles were much sought after by celebrities, including British Prime Ministers and even the British Royal Family, for their styling, elegance, and spirited performance. The MG Car Club, set up in 1930 at Abingdon in the UK, has thousands of loyal fans, making it one of the world’s largest clubs for a car brand. MG has evolved into a modern, futuristic, and innovative brand over the last 100 years. Its state-of-the-art manufacturing facility in Halol, Gujarat, has an annual production capacity of 1,00,000 plus vehicles and 6,000 direct and indirect employees. Driven by its vision of CASE (Connected, Autonomous, Shared, and Electric) mobility, the innovative automaker has augmented across-the-board ‘experiences’ within the automobile segment today. It has introduced several ‘firsts’ in India, including India’s first Internet SUV – MG Hector, India’s first Pure Electric Internet SUV – MG ZS EV, India’s first Autonomous (Level 1) Premium SUV – MG Gloster, the Astor- India’s first SUV with personal AI assistant and Autonomous (Level 2) technology, MG Comet – The Street-Smart Car and India’s first Intelligent CUV, MG Windsor.

      Website: https://www.mgselect.co.in/ Facebook: https://www.facebook.com/mgselectindia/ Instagram: https://www.instagram.com/mgselect/ LinkedIn: https://www.linkedin.com/company/mg-select-india/ YouTube: https://www.youtube.com/@MGSelect X: https://x.com/MGSelectIndia To View the Image, Click on the Link Below: Hon PM Shri Narendra Modi visits JSW MG Motor India’s pavillion at the BMGE 2025. Parth Jindal, Director, JSW MG Motor India and Rajeev Chaba, CEO Emeritus, JSW MG Motor India were with him.

      (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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