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    Modernization of National Sample Surveys through adoption of digital platforms such as Computer Assisted Personal Interview (CAPI) integrated with e- ...
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    CBN dismantles inter-state counterfeit drug network in Bihar under Operation Vajra; mastermind arrested
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    Raymond Lifestyle Limited Delivered a stable Q1 FY27 Performance
    Rupee rises 31 paise to 95.12 against US dollar in early trade
    Customs seizes 8 kg gold worth over Rs 11 cr at Kerala airports in one week
    Drill, Baby, Drill: India to fund Rs 650 cr per well for 60 deepsea wells to break its oil import habit
    Punjab GST revenue rises 20 pc to Rs 10,447 crore in April-July: Cheema
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    August 4, 2026
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    Digital statistical modernisation strengthens survey quality, macroeconomic indicators, international standards alignment and infrastructure performance monitoring through standardised data systems.
    National statistical modernisation uses digital survey platforms with validation checks, AI-enabled support and multilingual interfaces, alongside short-duration surveys and administrative data to improve sampling and timely official statistics. Reforms include base revisions for Gross Domestic Product, Consumer Price Index and Index of Industrial Production; adoption of metadata, quality-assessment and classification standards; and alignment with international statistical principles and methodologies. Sustainable development indicators and infrastructure monitoring are supported through a national indicator framework, PAIMANA and a standardised performance dashboard.
    August 3, 2026
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    Windfall gains tax on petroleum exports increases to discourage exports and preserve domestic fuel availability during regional supply disruptions.
    Special additional excise duty on exports of petrol, diesel and aviation turbine fuel has been increased for the relevant fortnightly period, while existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall gains tax is intended to preserve domestic availability of petroleum products during the West Asia crisis and prevent exporters from benefiting unduly from price differences linked to elevated global crude oil prices.
    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.

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      Trump signs order that likely sets in motion a future ban on transgender troops

      January 28, 2025

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      Washington, Jan 28 (AP) President Donald Trump signed an executive order Monday directing Defence Secretary Pete Hegseth to revise the Pentagon's policy on transgender troops, likely setting in motion a future ban on their military service.

      He also ordered troops to be reinstated who had been booted for refusing COVID-19 vaccines, outlined new rollbacks in diversity programs and provided for the deployment of a space-based missile defense shield for the US just after Hegseth began his first day on the job.

      Both Trump and Hegseth had described parts of the anticipated orders throughout the day, but the exact language did not drop until late Monday evening.

      Transgender order A transgender ban had been widely expected, and the order Trump signed largely sets in motion a future ban — but directs Hegseth to come up with how that would be implemented in policy.

      In his order, Trump claimed that service by troops who identify as a gender other than their biological one “conflicts with a soldier's commitment to an honourable, truthful, and disciplined lifestyle, even in one's personal life” and is harmful to military readiness, requiring a revised policy to address the matter.

      Trump had tried to impose a ban on transgender troops during his first term, but it was tangled up in the courts for years before being overturned by then-President Joe Biden shortly after he took office.

      Lawyers for transgender troops who challenged the ban in the courts during Trump's first term have already pledged to fight the new ban.

      Space-based missile defence During his first term in office Trump established US Space Command and the US Space Force, which just marked its fifth birthday. Space continues to be a priority for the president, who has now directed the Pentagon to begin to develop the capability to shoot down missiles from space.

      For years the US has cautioned that China, Russia and others were weaponizing space. It has at times declassified information about both countries' efforts to create offensive weapons to disable critical US satellites, including the capability to move satellites from orbit, temporarily blind them or potentially even destroy them. The Space Force is in the process of building a low-orbit ring of redundant satellites that can more quickly track and detect potential missile launches.

      But establishing a way to shoot missiles down from space is something the US has not considered since President Ronald Reagan announced the Strategic Defense Initiative — “Star Wars” as it was commonly known — in the 1980s. The system was never developed due to cost and technological limitations.

      In his order late Monday called “an Iron Dome for America,” Trump called for a multi-layer missile defense system capable of countering an array of threats to the US, to include development and deployment of space-based interceptors.

      COVID-19 vaccination At least 8,200 troops were forced out of the military in 2021 for refusing to obey a lawful order when they declined to get the vaccine. Notices advising them they could return were sent out in 2023, but just 113 have reenlisted.

      The reinstatement process for those ousted for refusing the vaccine requires that they meet military entry standards, unless Trump opts to change that. He and Hegseth, however, have persistently stated that the military must not reduce standards.

      ?We will offer full reinstatement to any service member who was expelled from the armed forces due to the COVID vaccine mandate,” Trump told a Republican crowd at the Trump National Doral Miami, a resort he owns. “And we will restore them to their former rank with full pay. ? The order isn't expected to have a major impact on the number of service members returning. But it could take a bite out of the budget if more do now, since it requires back pay.

      They would have to meet weight, fitness, medical and other requirements, and they could be refused if they now have a criminal record or other disqualifying factor. Officers would have to get recommissioned, which is a simple appointment process.

      According to the services, 3,748 Marines were discharged, and 25 have opted to re-enlist; 1,903 Army soldiers were discharged, and 73 returned; 1,878 sailors were discharged and two returned; 671 airmen were discharged and 13 returned.

      The Pentagon made the COVID-19 vaccine mandatory in August 2021 for all service members, including the National Guard and Reserve. At that time, the pandemic was still killing and sickening tens of thousands around the country, and troops were being used to help get people vaccinated.

      Then-Defence Secretary Lloyd Austin said getting the vaccine was critical to maintaining a heathy, ready force that could be prepared to defend the nation. The Pentagon formally dropped the mandate in January 2023, as a result of legislation signed into law.

      Defense officials said then that many troops appeared to use the vaccine mandate as a way to quickly and easily to get out of their service obligations. And officials on Monday said many of those service members had gotten new jobs and moved on with their lives, and didn't want to reenlist.

      DEI initiatives Trump also, as expected, issued a sweeping order to abolish all programs, initiatives and mentions of diversity, equity and inclusion across the Defense Department and the Coast Guard, which is governed by the Department of Homeland Security.

      The order looks to scrub “any vestiges” of such initiatives that seek to “promote a race-based preferences system that subverts meritocracy, perpetuates unconstitutional discrimination, and promotes divisive concepts or gender ideology.” It prohibits the departments from promoting or following “un-American” theories that suggest that America's founding documents are racist or sexist; that discuss gender ideology; and that promote “divisive concepts” such as “race or sex stereotyping.” The order says the defense and homeland security secretaries must issue guidance to implement the order in 30 days. It calls for a review to find any instances of actions taken in pursuit of DEI, which will be due to the defense secretary in 90 days.

      The secretaries must submit a report to the White House in six months outlining their progress.

      The Pentagon had already been taking steps to comply with his initial DEI ban, and it has had far-reaching consequences. Without clearer direction, agencies have been taking a broad approach to removing any content that seemed to run afoul of Trump's ban.

      That temporarily included videos of the storied Tuskegee Airmen and World War II Women's Airforce Service Pilots, or WASPs, which were part of DEI training courses for the Air Force's basic military training. Videos on both the Tuskegee Airmen and WASPs were removed as the courses were taken down last week, causing an uproar.

      WASPs were vital in ferrying warplanes for the military. The Tuskegee Airmen were the nation's first Black military pilots, serving in a segregated WWII unit, and their all-Black 332nd Fighter Group had one of the lowest loss records of all the bomber escorts in the war.

      On Sunday, the Air Force clarified that the DEI courses had been removed to be edited but that the Tuskegee Airmen and WASP content would continue to be taught.

      “The revised training which focuses on the documented historic legacy and decorated valor with which these units and Airmen fought for our Nation in World War II and beyond will continue on 27 January,” the Air Force said in a statement.

      Hegseth didn't mention the issue as he walked into the Pentagon Monday morning accompanied by Gen. CQ Brown Jr., chairman of the Joint Chiefs of Staff. But in other comments, Hegseth said that “military training will be focused on the readiness of what our troops in the field need to deter our enemies.” Hegseth is also continuing to focus on the border, and told reporters gathered on the steps of the Pentagon that “whatever is needed at the border will be provided,” using active-duty, National Guard and state-activated Guard troops.

      Hegseth was approved by the Senate Friday night in a tie vote that had to be broken by Vice President JD Vance. (AP) AMS

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