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    Japan reports record exports, imports for July as energy costs climb
    Five held in UP's Bareilly for alleged fake Ayushman cards racket
    MSMEs are the true builders of India’s economic resilience: LG Sinha
    RBI MPC preferred wait-and-watch stance amid food and fuel inflation risks: Minutes
    Bihar Police arrests man over alleged exam irregularities
    United Arab Emirates suspends trade with Iran after coming under renewed missile fire
    RBI minutes: Governor Malhotra awaits more clarity on inflation, opts for rate hold
    Instant Credit Card Application With JioFinance: Step-by-Step Guide
    Union Minister of Commerce & Industry Shri Piyush Goyal leaves for Singapore for 4th India-Singapore Ministerial Roundtable and 4th India-Singapore Bu...
    IDFC FIRST Bank successfully accesses international debt capital markets with maiden US$500 million bond issuance
    Any attempt to defame CAS by manipulation will be dealt with sternly, warns Sebi's Pandey
    Rupee falls 2 paise to settle at 95.76 against US dollar
    QualityKiosk Establishes Hyderabad Engineering Hub to Advance AI Reliability, Agentic Engineering and AI Assurance for Global Enterprises
    ED raids SP leader Azam Khan's Trust and university in UP
    Rupee rises 1 paisa to 95.73 against US dollar in early trade
    CCI approves acquisition of 23% equity shareholding of TM International Logistics by Tata Steel Ltd
    CCI approves acquisition of additional shareholding of Acko Technology & Services Pvt Ltd. by General Atlantic Singapore ACK Pte. Ltd
    Union Minister of Commerce & Industry Shri Piyush Goyal invites Japanese businesses to deepen investments and partnerships in India
    Department of Commerce Organises Awareness Session on EU CBAM Regulations for Exporters
    PSB Confluence 2026 concludes with actionable strategies across seven themes for Public Sector Banks and Public Financial Institutions
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    August 19, 2026
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    Forged health-scheme cards allegedly enabled ineligible treatment and misuse of public healthcare funds through false beneficiary details.
    Alleged misuse of Ayushman health-scheme cards involved collecting identity and ration-card details by promising free treatment, then creating forged beneficiary cards with false particulars. The alleged scheme enabled treatment for ineligible persons and purported claims of government health-scheme funds. Police arrested five persons, recovered purported forged identity and beneficiary cards, and are investigating possible involvement of hospital and medical-office personnel, the scale of card forgery, and alleged diversion of public funds.
    August 19, 2026
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    MSME competitiveness requires affordable credit, technology adoption, formalisation, sustainable trade and stronger export-market access for inclusive growth.
    MSME development is identified as central to employment generation, exports, entrepreneurship, economic resilience and self-reliance. Key priorities include affordable credit, technology upgradation, supply-chain integration, market access, brand-building and reduced red tape. Formalisation of micro industries is emphasised to expand institutional credit access, while sustainable trade is promoted through green technologies and renewable energy. Export competitiveness is to be strengthened through regional production capabilities and the "One District, One Export Hub" initiative.
    August 19, 2026
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    Supply-side inflation risks support a policy pause pending evidence of broad-based, persistent price pressures and de-anchored expectations.
    Monetary policy calibration remained on hold because food and fuel inflation had not yet produced broad-based or persistent price pressures. The policy pause was supported by limited pass-through of supply-side shocks, contained core inflation and no clear demand-driven overheating. Recalibration depends on incoming evidence of persistent inflation, entrenched supply-side pressures, de-anchored expectations and the evolving growth-inflation dynamic. Geopolitical disruption, volatile oil prices, monsoon conditions and El Nin o-related agricultural risks remain material inflation risks.
    August 19, 2026
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    Examination irregularities investigation examines alleged answer-sheet cheating, managed centres and suspected solver-gang involvement by a biometric operator.
    Alleged examination irregularities involved suspected cheating through the receipt of an answer sheet by an examinee from personnel of a private firm conducting the examination. Police arrested a biometric operator following an investigation into his alleged involvement. His prior work with biometric firms and manpower supply agencies was examined in connection with clues concerning allegedly managed examination centres and a suspected solver gang.
    August 19, 2026
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    Trade restrictions on Iran halt commercial and financial exchanges as regional security threats disrupt maritime commerce and re-export access.
    UAE trade restrictions on Iran halted all trade, commercial exchanges and financial transactions until further notice following reported ballistic-missile incidents and regional security escalation. The UAE assessed the missiles as directed at maritime traffic, while Iran denied launching them. The suspension disrupts the UAE's role as a major trade and re-export gateway for Iran and may increase Iran's economic isolation. Continuing threats to shipping through the Strait of Hormuz also create economic risk for the UAE's regional business, finance and tourism position.
    August 19, 2026
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    Inflation persistence and expectations guide continued rate hold amid supply shocks and uncertainty over broader price pressures.
    Monetary policy calibration remains contingent on clearer evidence that supply-side price shocks are becoming persistent, broad-based inflationary pressures. The policy rate was maintained unchanged amid uncertainty from higher energy costs, supply-chain disruption, an erratic monsoon and food, fuel and input-price risks. Policy tightening may be required if inflation becomes generalised, expectations become de-anchored, or inflation persists. A wait-and-watch approach was preferred pending clearer realised inflation, forecasts, weather effects and global conditions.
    August 19, 2026
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    Online credit card applications streamline comparison, eligibility screening and e-KYC, while approval remains subject to issuing-bank criteria.
    Online credit card applications through the JioFinance app combine card comparison, eligibility checks, electronic verification, application submission and status tracking. Eligibility screening may occur without affecting the applicant's credit score, but approval remains subject to the issuing bank's criteria and internal policies. Aadhaar-based e-KYC or other accepted electronic verification may be used where applicable. Applicants should provide accurate Aadhaar, PAN and mobile details. Eligible approved applicants may receive a virtual card before physical-card delivery, subject to applicable terms and conditions.
    August 19, 2026
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    Comprehensive strategic partnership drives ministerial and business engagements on investment, market access, technology collaboration, skills and agri-food trade.
    India-Singapore economic engagement is being advanced through ministerial and business roundtables under the Comprehensive Strategic Partnership. A multidisciplinary business delegation is undertaking business-to-business, government-to-business and institutional engagements focused on partnerships, investment, market access, technology collaboration and talent development. Agricultural trade cooperation includes promotion of Indian agri-food exports through a retail initiative. The engagement seeks to strengthen trade, investment, digitalisation, advanced manufacturing, skills development, green-economy cooperation and people-to-people ties.
    August 19, 2026
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    International senior notes issuance diversifies the bank's funding sources and expands access to global debt capital markets.
    IDFC FIRST Bank accessed international debt capital markets through its IFSC Banking Unit at GIFT City by issuing inaugural fixed-rate senior notes with a three-year tenor, due in 2029. The notes were offered to investors outside the United States under the Regulation S format. The issuance followed an investment-grade long-term issuer credit rating with a stable outlook, diversifies the bank's funding sources, and creates an avenue for access to global capital markets in support of long-term growth.
    August 19, 2026
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    Closing auction session safeguards market transparency through pooled order matching, backed by immediate action against manipulation and stronger monitoring.
    Closing auction session (CAS) improves transparency and reduces manipulation in end-of-trading price formation by pooling buy and sell orders during a designated closing window for auction-style matching. Manipulation intended to undermine CAS is subject to prompt and stringent action, supported by enhanced monitoring. Responsible use of artificial intelligence and machine learning requires tiered accountability and governance, including kill-switch, human-in-the-loop and data controls. Regulated entities remain responsible for privacy, security and integrity of investor data used by every AI tool they deploy.
    August 19, 2026
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    Foreign exchange market movement shows rupee pressure from elevated crude prices, moderated by reserves, intervention and FCNR(B) inflows.
    Foreign exchange market movement saw the rupee depreciate marginally against the US dollar amid higher global crude oil prices, heightened West Asia tensions, a stronger dollar environment and weaker domestic equity markets. Central-bank intervention and foreign fund inflows provided support. Adequate foreign-exchange reserves and stronger-than-expected FCNR(B) scheme inflows were identified as factors limiting the scope for sharp depreciation.
    August 19, 2026
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    AI reliability engineering expands through an enterprise hub supporting AI assurance, agentic engineering, observability and trusted AI deployment.
    QualityKiosk Technologies has established a Hyderabad engineering hub to expand AI reliability engineering, AI assurance and agentic engineering capabilities. The centre supports engineering, marketing, branding, analyst-relations and advisory functions, while serving enterprise demand for AI reliability, product engineering, CloudOps and automation. It advances an AI reliability operating framework covering AI for reliability, reliability of AI, agentic engineering, shift-right engineering, frontier-system reliability, observability and platform-based delivery to promote governance, resilience, operational trust and assurance in AI-powered systems.
    August 19, 2026
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    Money laundering investigation examines alleged diversion of government contract funds and their use in creating trust and university assets.
    Money-laundering investigation under the Prevention of Money Laundering Act led to searches of premises associated with the Maulana Mohammad Ali Jauhar Trust, its university, linked companies, promoters and a chartered accountant. The inquiry concerns alleged diversion of government contract funds through private contractors and their alleged subsequent use, including for creating assets of the Trust and university. Separate planning-law issues concern allegations that most university buildings were constructed without approved plans.
    August 19, 2026
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    Foreign exchange market conditions supported marginal rupee strength despite crude oil pressures, regional tensions and oil-company dollar demand.
    Foreign exchange market conditions reflected a marginal strengthening of the rupee against the US dollar in early trading, supported by reported Reserve Bank of India intervention, a softer dollar index and foreign institutional equity inflows. Higher global crude oil prices, West Asia tensions and oil-company demand for dollars continued to exert pressure, resulting in a range-bound trading environment.
    August 19, 2026
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    Competition approval for Tata Steel's share acquisition restructures ownership of logistics joint venture following an existing partner's exit.
    Competition approval has been granted for Tata Steel Ltd.'s acquisition of IQ Martrade Holding Und Management GmbH's entire 23% equity shareholding in TM International Logistics Ltd., resulting in IQ Martrade's exit. Following completion, Tata Steel and NYK (Europe) B.V. will hold 74% and 26% equity shareholding, respectively. TM International Logistics primarily serves Tata Steel's logistics and cargo transportation requirements through railway cargo transportation, port operations and cargo handling, freight forwarding, and value-added logistics services.
    August 19, 2026
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    Competition approval enables increased insurtech shareholding through a rights issue, crossing the prescribed ownership threshold in insurance businesses.
    Competition approval has been granted for General Atlantic Singapore ACK Pte. Ltd. to acquire additional shareholding in Acko Technology & Services Private Limited through the target's rights issue, resulting in the acquirer crossing the 25% shareholding threshold on a fully diluted basis. The target is an Indian insurtech company with subsidiaries conducting licensed general and life insurance businesses, while another subsidiary awaits a corporate agency licence for insurance-policy distribution.
    August 19, 2026
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    India-Japan investment partnership prioritises technology, manufacturing and infrastructure collaboration, with Uttar Pradesh positioned for deeper Japanese commercial engagement.
    India-Japan economic cooperation is positioned for deeper investment and commercial partnerships in manufacturing, technology, infrastructure, energy, defence, artificial intelligence, semiconductors, critical minerals, batteries and next-generation mobility. Uttar Pradesh is identified as a prospective destination for Japanese investment because of its workforce, connectivity, manufacturing base, MSME sector, export capacity, transport infrastructure and industrial clusters. Investment facilitation is associated with reforms in ease of doing business, digital public infrastructure and multimodal logistics.
    August 19, 2026
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    Carbon border adjustment compliance requires reliable emissions data, reporting, accreditation and verification throughout exporters' supply chains.
    European Union Carbon Border Adjustment Mechanism compliance requires exporters to address covered products, embedded-emissions calculation, data collection, reporting, accreditation and verification. Preparedness across the export value chain depends on timely emissions data from suppliers and other stakeholders, supported by credible verification mechanisms. Capacity-building and engagement seek to facilitate workable compliance with evolving sustainability-related international trade requirements.
    August 19, 2026
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    Youth banking engagement promotes sustained customer relationships through digital access, campus outreach and financial support across evolving life stages.
    Public Sector Banks and Public Financial Institutions are urged to implement actionable strategies with clear ownership and realistic timelines. Youth banking engagement is to be strengthened through a focused campaign, a common digital access platform and physical outreach, supporting young customers' evolving financial needs. Priority sector lending requires granular monitoring, early identification of target gaps and productive credit flow to intended beneficiaries. Agriculture and horticulture value-chain financing may cover farmer producer organisations, storage, processing, logistics and market linkages, while credit card strategies include digital onboarding, cross-selling and RuPay-UPI integration.

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      1975 was declared International Women’s Year. 50 years on, the ‘revolution in our heads’ is still being fought

      January 28, 2025

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      Sydney, Jan 28 (The Conversation) In December 1972, the same month the Whitlam government was first elected, the United Nations General Assembly proclaimed 1975 as International Women’s Year (IWY). This set in train a series of world-changing events, in which Australia was to play a significant part.

      The aim of IWY was to end discrimination against women and enable them to participate fully in economic, social and political life. Fifty years later, such participation has become an indicator of development and good governance. But the full promise of International Women’s year has yet to be fulfilled, hampered by pushback and the scourge of gender-based violence.

      ‘The greatest consciousness-raising event in history’ Dubbed “the greatest consciousness-raising event in history”, the UN’s first World Conference on Women took place in Mexico City in June 1975. Consciousness-raising had been part of the repertoire of women’s liberation. Now it was taken up by government and intergovernmental bodies.

      The Mexico City conference was agenda-setting in many ways. The Australian government delegation, led by Elizabeth Reid, helped introduce the world of multilateral diplomacy to the language of the women’s movement. As Reid said: "We argued that, whenever the words “racism”, “colonialism” and “neo-colonialism” occurred in documents of the conference, so too should “sexism”, a term that had not to that date appeared in United Nations documents or debates." Reid held the position of women’s adviser to the prime minister. In this pioneering role, she had been able to obtain government commitment and funding for Australia’s own national consciousness-raising exercise during IWY.

      A wide range of small grants promoted attitudinal change – “the revolution in our heads” – whether in traditional women’s organisations, churches and unions, or through providing help such as Gestetner machines to the new women’s centres.

      IWY grants explicitly did not include the new women’s services, including refuges, women’s health centres and rape crisis centres. Their funding was now regarded as an ongoing responsibility for government, rather than suitable for one-off grants.

      IWY began in Australia with a televised conversation on New Year’s Day between Reid and Governor-General John Kerr on hopes and aspirations for the year. On International Women’s Day (March 8), Prime Minister Gough Whitlam’s speech emphasised the need for attitudinal change: Both men and women must be made aware of our habitual patterns of prejudice which we often do not see as such but whose existence manifests itself in our language and our behaviour.

      The Australian postal service celebrated the day by releasing a stamp featuring the IWY symbol, showing the spirit of women breaking free of their traditional bonds. At Reid’s suggestion, IWY materials, including the symbol, were printed in the purple, green and white first adopted by Emmeline Pankhurst in 1908 and now known as the suffragette colours.

      Policy power Inside government, Reid had introduced the idea that all Cabinet submissions needed to be analysed for gender impact. After the Mexico City conference, this idea became part of new international norms of governance.

      Following the adoption at the conference of the World Plan of Action, the idea that governments needed specialised policy machinery to promote gender equality was disseminated around the world.

      Given the amount of ground to be covered, IWY was expanded to a UN Decade for Women (1976–85). By the end of it, 127 countries had established some form of government machinery to advance the status of women. Each of the successive UN world conferences (Copenhagen 1980, Nairobi 1985, Beijing 1995) generated new plans of action and strengthened systems of reporting by governments.

      The Fourth World Conference on Women in Beijing was a high point. Its “platform for action” provided further impetus for what was now called “gender mainstreaming”. By 2018, every country recognised by the UN except North Korea had established government machinery for this purpose.

      The global diffusion of this policy innovation was unprecedented in its rapidity. At the same time, Australia took the lead in another best-practice innovation. In 1984, the Commonwealth government pioneered what became known as “gender budgeting”. This required departments to disaggregate the ways particular budgetary decisions affected men and women.

      As feminist economists pointed out, when the economic and social division of labour was taken into account, no budgetary decision could be assumed to be gender-neutral. Governments had emphasised special programs for women, a relatively small part of annual budgets, rather than the more substantial impact on women of macro-economic policy.

      Standard-setting bodies such as the OECD helped promote gender budgeting as the best way to ensure such decisions did not inadvertently increase rather than reduce gender gaps.

      By 2022, gender budgeting had been taken up around the world, including in 61 per cent of OECD countries. Now that it had become an international marker of good governance, Australian governments were also reintroducing it after a period of abeyance.

      Momentum builds In addition to such policy transfer, new frameworks were being adopted internationally.

      Following IWY, the UN Convention on the Elimination of All Forms of Discrimination against Women (CEDAW) was adopted in 1979. CEDAW became known as the international bill of rights for women, and has been ratified by 189 countries. This is more than any other UN Convention except that on the rights of the child.

      All state parties to CEDAW were required to submit periodic reports to the UN on its implementation. Non-government organisations were encouraged to provide shadow reports to inform the questioning of government representatives. This oversight and dialogue relating to gender equality became part of the norm-building work of the UN.

      However, this very success at international and regional levels helped fuel “anti-gender movements” that gathered strength after 1995. No more world conferences on women were held, for fear there would be slippage from the standards achieved in Beijing.

      In Australia, the leveraging of international standards to promote gender equality has been muted in deference to populist politics. It became common to present the business case rather than the social justice case for gender-equality policy, even the cost to the economy of gender-based violence (estimated by KPMG to be $26 billion in 2015–16).

      The battle continues Fifty years after IWY, Australia is making up some lost ground in areas such as paid parental leave, work value in the care economy, and recognition of the ways economic policy affects women differently from men.

      However, all of this remains precarious, with issues of gender equality too readily rejected as part of a “woke agenda”.

      The world has become a different place from when the Australian government delegation set out to introduce the UN to the concept of sexism. In Western democracies, women have surged into male domains such as parliaments. Australia now has an almost equal number of women and men in its Cabinet (11 out of 23 members).

      But along with very different expectations has come the resentment too often being mobilised by the kind of populist politics we will likely see more of in this election year. (The Conversation) PY PY

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