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    Jharkhand signs pact with CSC eStore to make SHG products made by women available online
    APEDA Facilitates First-Ever Air Shipment of Karnataka's Neelam and Totapuri Mangoes to the Maldives
    Favara-UPI Cross-Border Payment Corridor Goes Live Between Maldives and India
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    PM Modi to inaugurate Bhogapuram Airport on Aug 1 in Andhra Pradesh
    Rupee rises 20 paise to 95.30 against US dollar in early trade
    APEDA Facilitates First-Ever Sea Shipment of Value-Added Flavoured Makhana from Bihar to Canada
    Indian envoy meets Chinese commerce ministry official; Calls for enhanced market access
    ED attaches Rs 94 crore in foreign bank account in fraud case against Delhi-based rice firm
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    PM takes stock of geo-political situation, safety of seafarers, supply chain constraints
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    US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high
    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
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    July 31, 2026
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    Digital marketplace access for women's self-help group products expands e-commerce opportunities while panchayat-level citizen services are strengthened.
    Digital marketplace access for women's self-help group products is proposed through a memorandum of understanding between CSC eStore and the Jharkhand State Livelihood Promotion Society. Products marketed under the 'Palash' and 'Adiva' brands are intended to be offered through an e-commerce network to widen market access, support rural women's income and entrepreneurship, and strengthen the rural economy. Digital panchayat services are also being expanded through Common Service Centres, including banking, e-governance and Aadhaar-related services.
    July 31, 2026
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    Agricultural export facilitation expands market access for late-season mangoes through farmer aggregation and direct global market linkages.
    Agricultural export facilitation enabled an air shipment of late-season Neelam and Totapuri mangoes to an international market, expanding market access and extending the mango export season. Direct sourcing through a Farmer Producer Company supported organised aggregation, quality produce, and export-oriented supply chains. Direct procurement and export market linkages enabled participating farmers to realise higher returns than conventional market channels while promoting horticultural export diversification.
    July 31, 2026
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    Cross-border digital payment integration enables real-time Favara transfers from Maldives mobile banking applications to UPI-enabled accounts in India.
    Cross-border digital payment integration between Favara and UPI enables individuals in the Maldives to make real-time person-to-person transfers to UPI-enabled bank accounts in India through mobile banking applications. Transfers are initiated in Maldivian Rufiyaa and credited in Indian Rupees. The initial service is available through participating Maldivian banks. Permitted remittances include family-maintenance transfers under foreign inward and outward remittance categories, and gift-related transfers under foreign outward remittance. Future phases are intended to introduce QR-based merchant payments and other digital payment services.
    July 31, 2026
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    Procedural Fair Hearing in competition inquiries requires notice when the Commission departs from investigative findings before imposing action.
    Competition law procedure requires the Competition Commission to notify and hear an opposite party when departing from the Director General's findings. The penalty order concerning alleged abuse of dominance in viscose staple fibre supply was set aside because Grasim Industries was not given an opportunity to respond to the Commission's disagreement with the investigative findings. The matter was remanded for fresh, time-bound consideration without a finding on the merits.
    July 31, 2026
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    Manufacturing contraction highlights weak domestic demand, property-sector pressure and continued reliance on technology-related exports for economic growth.
    Manufacturing activity in China contracted in July, as the official purchasing managers' index fell below the expansion threshold and new orders and production declined. Weak domestic demand, lower building activity and possible typhoon-related disruptions contributed to the slowdown. Consumer spending, investment and property-sector weakness continue to affect confidence, while technology-related exports support growth. Policy commitments include strengthening domestic consumption amid continued reliance on exports.
    July 31, 2026
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    Public-private partnership airport development strengthens aviation, cargo logistics, export infrastructure and sustainable connectivity through an integrated international airport project.
    The Bhogapuram airport project is being implemented under a Public-Private Partnership through the Design, Build, Finance, Operate and Transfer framework. It has obtained required aerodrome, safety, fire and environmental clearances and includes infrastructure for domestic and international aviation, passenger processing and airport security. Cargo and cold-chain facilities are intended to support exports and logistics integration, while recycled-water use and LEED Platinum standards form part of the project's sustainability features.
    July 31, 2026
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    Rupee appreciation against the US dollar continued as foreign inflows and lower crude prices supported domestic currency markets.
    Rupee appreciation against the US dollar continued in early trading, supported by foreign capital inflows and lower global crude oil prices. A stronger US dollar constrained further appreciation, while expectations of continued Reserve Bank of India intervention were cited as supporting the rupee. Declining Brent crude prices, gains in domestic equity indices and net foreign institutional investment in equities were also identified as relevant market factors.
    July 31, 2026
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    Value-added Makhana exports expand international market access, support quality compliance, and improve farmer returns through processing and branding.
    Agricultural export facilitation supported the first sea shipment of value-added flavoured Makhana from Bihar to Canada. Processed and packaged to international quality and food-safety standards, the export demonstrates the role of processing, value addition and export-oriented manufacturing in expanding overseas market access. The initiative is stated to improve farmer returns through value addition, while capacity building, export infrastructure, quality compliance, market linkages and stakeholder collaboration support the agri-export ecosystem.
    July 30, 2026
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    Market access for Indian pharmaceuticals remains central to bilateral efforts to promote sustainable trade and economic cooperation.
    Enhanced market access for Indian products, particularly pharmaceuticals, was raised in discussions aimed at strengthening bilateral trade and economic ties. The discussions addressed sustainable trade, and the sides agreed to increase mutual cooperation and communication. India continues to seek greater access to China's information technology, pharmaceutical and agricultural sectors, while pursuing increased pharmaceutical exports and Chinese investment. Bilateral trade increased, but India's trade deficit widened, reflecting an ongoing imbalance in trade flows.
    July 30, 2026
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    Money laundering asset attachment targets overseas bank deposits linked to alleged loan fraud and fugitive economic offenders.
    Provisional attachment under the Prevention of Money Laundering Act was reported against Singapore bank deposits held by a company promoter and associated entities in an alleged loan-fraud and money-laundering investigation. The underlying case arises from allegations of fraud, criminal misappropriation, criminal breach of trust and cheating affecting a consortium of lending banks. Service of the attachment order was reported through mutual legal-assistance arrangements, and the promoters had reportedly been declared fugitive economic offenders.
    July 30, 2026
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    Deposit interest rate uniformity requires equal rates for similar deposits, while allowing risk-based differentiation for bulk deposits.
    Banks must apply uniform deposit interest rates across branches and customers for similar deposit amounts accepted on the same date, without discrimination. Rates payable, including for bulk deposits, must strictly follow schedules disclosed in advance on bank websites. Bulk deposit rates must be published each business day at 10:00 am, subject to a short permitted delay. Differentiated bulk-deposit rates may be offered based on applicable differential run-off rates under the Liquidity Coverage Ratio framework.
    July 30, 2026
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    Supply-chain continuity measures prioritise energy, fertiliser and seafarer protection amid conflict-driven disruptions across critical maritime transit routes.
    Supply-chain continuity and energy security measures were reviewed in response to geopolitical conflicts disrupting maritime transit routes and imports. Measures included diversification of LPG procurement, maintenance of petroleum stocks, expansion of PNG, gas-grid, LNG and city-gas infrastructure, and pipeline connectivity approvals. Fertiliser requirements and alternative procurement sources were considered to ensure uninterrupted supply. A unified monitoring mechanism and support arrangements for seafarers, including timely information, emergency assistance and counselling, were directed to protect citizens, economic interests and the Indian diaspora.
    July 30, 2026
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    Property digital identity framework proposed through comprehensive surveys, floor-level records, and unique cards to improve ownership verification.
    The proposed Delhi Land Records Bill, 2026 contemplates a digital land-records framework requiring scientific surveys of every property, comprehensive authenticated digital records and a unique Property Aadhaar Card. The proposed system would cover rural and urban residential, commercial and other properties, including floor-level records for buildings. It is intended to improve ownership verification, property transactions, inheritance, loan access, building-plan approvals and transparency in land records.
    July 30, 2026
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    Supply-chain resilience amid maritime conflict drives measures to protect energy imports, fertiliser supplies, seafarers and overseas citizens.
    Supply-chain continuity was reviewed in response to conflicts affecting maritime routes through the Strait of Hormuz, the Black Sea, the Red Sea and the Gulf of Aden. The concerns included disruptions to imports of petroleum, natural gas, fertilisers and other essential goods, risks to ships and seafarers, and the safety of Indian citizens in conflict areas. Measures were considered to maintain uninterrupted imports, protect economic interests and address constraints affecting critical energy and trade corridors.
    July 30, 2026
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    Economic growth and persistent inflation shaped slower output, import pressures, and continued interest-rate restraint despite resilient consumer spending.
    United States economic growth slowed in the second quarter as increased imports reduced gross domestic product growth, despite stronger consumer spending and business investment linked to artificial intelligence. The preferred inflation measure moderated but remained above the central bank's target, with core consumer prices showing limited change. The benchmark interest rate was retained for a fifth consecutive meeting, though some regional presidents supported an increase to address elevated inflation. Employment growth and consumer spending continued to support economic resilience amid high living costs and energy-price pressures.
    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.

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      Vision 2030: Mumbai as Culinary Capital of India launched by AHAR

      January 21, 2025

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      New Delhi [India], January 21: Sukesh Shetty, President AHAR said, AHAR (Association of Hotels and Restaurants) was established in 1979 and comprises 66 associations with over 8,000 members in Mumbai alone. In 2029, AHAR will celebrate its 50th Anniversary. AHAR was established by hotel owners, with a primary focus on solving industry problems and empowering its members. AHAR ensures that its operations are controlled exclusively by its members. Globally, certain cities are renowned for their iconic products. For example, Italy is famous for pizza. Mumbai has achieved fifth place on the global list for its iconic product, Vada Pav. Following Mumbai, Amritsar is celebrated for its Chana Masala. Additionally, India takes pride in the invention of Dal Khichadi, a value-for- money dish that reflects the essence of Indian cuisine.

      AHAR presented 50 Milestones which work has started to enable the Vision 2030 to become a reality . This was presented at the AHAR AGM held at Hotel Grand Hyatt in Mumbai. This was televised on Times Now, a leading English News Channel. These Milestones were taken up with different office bearers of AHAR and we felicitated them for their efforts as AHAR Super Heroes.

      Under the "Mitra Concept," AHAR aims to position Mumbai as the Culinary Capital Of India by 2030. This ambitious vision aligns with the growing global recognition of India’s culinary excellence and the hotel industry’s potential to lead the charge. Mumbai is the financial capital of India and home to a diverse population with migrants from across the country. This diversity has given Mumbai a rich culinary landscape, offering cuisines from all corners of India. To promote tourism, we need to enhance this culinary heritage and develop it into a strong, recognizable brand. There are various types of tourism, and food tourism is one of the most impactful ways to attract visitors. AHAR is a well-structured and highly communicative organization, which enables it to play a significant role in this transformation. We are committed to staying updated and adapting to the needs of the industry to help Mumbai evolve into a premier tourist destination.

      AHAR has initiated a new program in collaboration with RPH College, a catering college. As part of this program, our staff and hotel teams visit the college to train students in basic preparation techniques and the importance of preserving traditional food. Additionally, we are conducting training sessions for our staff, restaurant owners, and managers to develop creative approaches to presenting and promoting traditional Indian cuisine. This initiative aims to not only preserve India’s culinary heritage but also elevate its status on the global stage.

      At the AGM, Senior hoteliers , Ex-office Bearer, President awards nominees felicitated on stage with live audience of thousand plus hotel owner. Senior advisors of AHAR spoke about past, present C future trends in the hotel industry.

      AHAR Hospitality Summit had notable speaker Bhushan Gagrani – Municipal Commissioner of BMC, Ulhas Ingawale – Joint Commissioner, State Food Safety Commission, Sudhakar Shetty Secretary of AHAR, moderated by Santosh Shetty Senior Advisor.

      Bhushan Gagrani's said, "Mumbai is rapidly progressing, and I assure you that within the next 3 to 4 years, all major infrastructure projects will be completed. Projects such as the Coastal Road, metro lines, and the new airport will transform Mumbai into a modern, new age city.

      In technical terms, the government is providing the hardware- the necessary infrastructure. However, to run the program smoothly and make it impactful, we also need powerful software. This software comprises Mumbai’s rich heritage, diverse culture, and exceptional food scene.

      Over the years, significant changes have been made in the food industry, including reforms in licensing and the creation of various forums. Organizations like AHAR are actively supporting the government in these initiatives to streamline and enhance the industry.

      The new generation, often referred to as Gen Z, views dining out as more than just satisfying hunger—it’s about the experience. The food industry, currently valued at $70 billion, has immense potential to contribute to India's GDP. In alignment with Prime Minister Narendra Modi’s vision of achieving a $5 trillion economy, the food industry must play a larger role. This journey of growth and transformation will begin in Mumbai, setting an example for the rest of the country.

      To promote domestic tourism C increased hospitality sector the key is maintaining continuous dialogue with stakeholders to understand how we can facilitate growth and make life more comfortable for businesses and tourists alike. Often, government rules, such as those related to licensing, undergo changes, and these processes can be slow. To address this, consistent communication with stakeholders is essential. In the food industry, for instance, we need ongoing discussions with organizations like the BMC, FDA, and police. Directly engaging with every individual is not always feasible, which is why organizations like AHAR, which understand the industry's challenges, play a crucial role. These dialogues help us identify the actual issues, whether we are over-regulating or facilitating the industry appropriately. Recent improvements, such as the availability of online permissions, more user-friendly compliance processes, and the removal of certain outdated requirements (e.g., permits for permit rooms), have all been possible due to continuous engagement with organizations like AHAR.

      India must take pride in its own food heritage. We should not hesitate to promote the nutritional value and traditional significance of our cuisine. This kind of promotion will help us showcase the true essence of Indian food.

      Additionally, I believe AHAR can play a crucial role in promoting healthy eating among the new generation. With 40% of people being overweight, it’s essential to promote a balanced diet alongside the growth of the food industry. We need to ensure that while we promote the richness of our culinary culture, we also encourage healthy eating habits.

      I am open to dialogue with AHAR on how we can collaborate to promote both the traditional value of food and healthier eating choices.

      Regarding the Lok Sabha elections, our city had a low voter turnout. We were asked to increase voter participation in the assembly elections, and we sought help from AHAR. The AHAR team responded immediately, and as a result, voter turnout increased by 6 to 7%".

      Mr. Ulhas Ingawale Joint Commissioner, State Food Safety Commission said, " There have been significant changes in hygiene practices within the hotel industry, driven by evolving customer expectations. Post-COVID, cleanliness and hygiene have become top priorities. Enhanced cleaning protocols have been implemented across establishments to ensure the highest standards of safety and sanitation. Many restaurants have partnered with global health organizations to participate in certification programs, further emphasizing their commitment to hygiene. Additionally, staff training and dedicated hygiene programs have been introduced to maintain consistent cleanliness and meet customer expectations.

      AHAR plays a significant role in the hotel industry by facilitating FOSTAC training. This training helps restaurant owners understand food safety and compliance requirements. To further enhance this initiative, AHAR could provide online training and resources, particularly for small restaurant owners. Regular refresher workshops and training programs focused on food safety would also be beneficial for small establishments.

      So far, AHAR has conducted 100 FOSTAC training sessions, benefiting 4000 restaurants. All expenses for these sessions have been borne by AHAR members.

      FOSTAC, or Food Safety Training and Certification, is a government initiative aimed at improving food safety. The government has allocated a grant of ₹2 crore to the FDA for training 30,000 food handlers under a 100-day program. AHAR is expected to play an important role in achieving this target and supporting the industry’s growth.

      Currently, the FOSTAC certificate is valid for 2 years. This is due to the constant changes in technology and global food safety trends. To ensure food handlers remain updated with these changes, it’s important for staff to continue their education and stay informed. A certificate validity of 2 years ensures that the person is actively involved in food handling and that they stay current with the latest standards.

      According to global standards, most certifications and licenses are valid for 2 to 3 years. A 5-year validity could create a significant gap, potentially leaving individuals unaware of critical updates. The government is also taking steps to ensure that people are continuously trained and informed.

      FSSAI licenses require on site inspection and documentation, including building layouts and disposal systems, to ensure public health safety. However, we are working on introducing a Tatkal license process for restaurants. This would involve a one-time verification, and once compliance is met, the license will be issued. We are also working to reduce the current 60-day processing period".

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

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