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    UCO Bank launches IFSC Banking Unit at GIFT City
    Banking sector has key role to play as India on way to become 3rd largest economy: Gujarat CM
    India's exports to US rise 12.85 pc in Jul; shipments to China jump 64.57 pc: Govt data
    50 tonnes of copper without e-way bills seized by Delhi GST, Railways joint team
    India's exports surge 19.6 pc in Jul; trade deficit widens to six-month high
    CBI ARRESTS CGST SUPERINTENDENT IN BRIBERY CASE
    The cumulative exports (merchandise & services) during April-July 2026-27 is estimated at US$ 316.42 Billion, as compared to US$ 279.63 Billion in Apr...
    Unlimit Mobile Ties Up with ICICI Bank Canada, RBC Royal Bank to Add Mobile Connectivity Benefits to Student GIC Journey
    Standard Chartered Accelerates India's GCC Growth with its Global Banking Expertise and 25 Years of GCC Experience
    IFSCA Grants Nexent Capital GIFT City Investment Banking License
    India's exports rise 19.63 pc to USD 44.24 bn in Jul; trade deficit widens to $31.98 bn
    Vizhinjam port to commence EXIM operations from Aug 18: Kerala CM Satheesan
    Ratul Puri: Beyond Low-Cost Power to Clean Energy Reliability
    PMS Bazaar Collaborates with NSDL Database Management Limited (NDML Accreditation Agency) to Expand Access to SEBI Accredited Investor Certification
    Compounded annual growth rate of Manufacturing GVA at constant prices (2022-23 base) as per revised series during 2022-23 to 2025-26 is 10.88%
    National Company Law Tribunal (NCLT) Launches e-Inspection and e-Certified Copy Services
    The Government of India to launch the Central Bank Digital Currency (CBDC)-based Direct Benefit Transfer (DBT) in the Union Territories of Chandigarh ...
    India and the Southern African Customs Union (SACU) sign Terms of Reference (ToR) for negotiations towards a Preferential Trade Agreement
    Airtel ends all prepaid mobile plans offering 1.5 GB data per day with unlimited calls
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    August 13, 2026
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    International banking unit expands cross-border financing, trade finance and foreign-currency service access through GIFT City operations.
    UCO Bank has launched an International Financial Services Centre Banking Unit at GIFT City to provide permitted international banking services. The unit offers trade finance, external commercial borrowings, foreign-currency loans, loan syndication, treasury services and other permitted financial services. It serves Indian corporates, exporters, importers, financial institutions, overseas businesses and other eligible customers requiring cross-border financing and access to global financial markets. FCNR(B) deposits are also offered through the unit.
    August 13, 2026
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    Last-mile credit access is prioritised through timely lending, wider beneficiary coverage, digital support and stronger fraud vigilance.
    Banking-sector participation is emphasised through last-mile credit access for MSMEs, women entrepreneurs, rural artisans, small farmers and other underserved beneficiaries. Banks are urged to expedite government-scheme applications, maximise coverage and use technology for timely financial support. Industrial-policy assistance and incentives cover startups, SC/ST entrepreneurs, persons with disabilities and first-generation entrepreneurs. Greater coordination, expanded village banking access, and vigilance against cyber fraud and mule accounts are also prioritised.
    August 13, 2026
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    Merchandise trade growth saw rising exports to major markets alongside increased imports and continuing United States trade-pact negotiations.
    India's merchandise trade data records increased July exports to the United States and China, alongside growth in imports from both markets. Exports to Singapore, the United Arab Emirates, the Netherlands, Germany, South Africa, Tanzania, Australia, Malaysia, Sri Lanka, Italy and Vietnam showed positive growth, while July exports declined for the United Kingdom, Bangladesh, Saudi Arabia and Nepal. Imports also increased from Russia, Korea, Singapore, Germany, Oman, Malaysia, Taiwan and Brazil. India and the United States are negotiating a trade pact amid an additional United States tariff on India.
    August 13, 2026
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    GST transport documentation enforcement addresses freight movement of metals without valid e-way bills and invoices under applicable rules.
    GST enforcement action led to the seizure of copper and aluminium ingots transported by freight train without valid e-way bills and invoices. The metals were found in three train wagons during inspection of parcel cargo. Further proceedings are to be undertaken under applicable GST rules concerning movement of goods without prescribed transport documentation.
    August 13, 2026
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    Merchandise trade deficit widens as import growth outpaces exports despite strong petroleum, electronics and engineering shipments.
    Merchandise trade in July 2026 saw exports rise 19.63 per cent and imports increase 17.52 per cent, widening the trade deficit to a six-month high. Petroleum products, electronics, engineering goods and marine goods supported export growth, while crude oil and several commodity and capital-goods categories increased imports. During April-July 2026-27, faster import growth widened the cumulative merchandise trade deficit compared with the corresponding prior-year period.
    August 13, 2026
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    Bribery allegations in GST enforcement prompted arrest after alleged payment demand to avoid a tax-liability notice.
    Bribery allegations involving GST enforcement led to the arrest of a CGST Superintendent after a complaint alleged that payment was demanded from a private company to avoid issuance of a tax-liability demand notice and to close the matter. A trap operation resulted in the public servant being apprehended while allegedly accepting part of the demanded bribe, and the amount accepted was recovered. Searches were undertaken, and investigation remained ongoing.
    August 13, 2026
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    Trade performance shows rising merchandise and services exports, but faster import growth expands the overall trade deficit.
    India's combined merchandise and services exports and imports increased in July 2026 and April-July 2026-27, while the overall trade deficit widened. Cumulative exports were estimated at US$ 316.42 billion and imports at US$ 365.85 billion, resulting in a trade deficit of US$ 49.43 billion. Merchandise exports, non-petroleum exports, and exports excluding petroleum and gems and jewellery grew, led by petroleum products, electronic goods, engineering goods and chemicals. Services trade recorded a cumulative surplus of US$ 69.17 billion.
    August 13, 2026
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    Student GIC referral programmes integrate connectivity credits with funding verification and post-arrival banking arrangements for eligible international students.
    Referral arrangements connect mobile connectivity benefits with the Student Guaranteed Investment Certificate application journey. Applicants may access an online portal through a referral link, submit documents, complete know-your-customer verification, and fund the GIC from permitted Indian bank accounts in no more than two transactions. After arrival, students may activate the GIC account and open a linked bank account for receipt of GIC transfers. Eligible verified applicants receive non-cash mobile credits usable only against mobile bills, subject to a cap on the bill portion payable through credits.
    August 13, 2026
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    Global Capability Centre banking support connects offshore and onshore operations to simplify financial management and enable cross-border expansion.
    Global Capability Centre banking support is positioned around connected offshore and onshore banking, international network access, digital banking platforms, and expertise in treasury centres, cross-border corporates, and evolving GCC operating models. The approach seeks to simplify financial operations and support GCC expansion across global markets. India's GCC ecosystem is characterised as a leading global capability hub, with capability centres evolving into strategic enterprise hubs requiring support for operational and financial complexities across markets.
    August 13, 2026
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    Investment banking registration enables regulated cross-border offerings, listings, debt transactions and capital-market advisory through GIFT City.
    IFSCA registration under the IFSCA (Capital Market Intermediaries) Regulations, 2025 authorises Nexent Capital IFSC Private Limited to operate as an investment banker from GIFT City. Permitted activities include management of initial and follow-on public offerings, SPAC and secondary listings, depository receipt issuances, debt capital-market transactions, and other capital-market advisory mandates. The firm proposes to provide transaction structuring, listing-readiness, execution and post-listing capital-markets support for companies seeking capital raising and listing opportunities through GIFT City's exchanges.
    August 13, 2026
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    Merchandise export growth was driven by petroleum, electronics, engineering and marine goods, while rising imports widened the trade deficit.
    India's merchandise exports increased in July, while imports also rose and widened the trade deficit. Export growth was attributed to higher overseas shipments of petroleum products, electronics, engineering goods and marine goods. Exports and imports both recorded growth during the April-July fiscal period, and exports to West Asian countries increased in July.
    August 13, 2026
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    EXIM operations at international seaport to commence after customs clearance, bonded-area establishment, and temporary highway connectivity.
    Vizhinjam International Seaport is scheduled to commence EXIM operations after Customs clearance, issuance of Customs notifications, establishment of a Customs-bonded area, and temporary connectivity to NH-66. The port had previously handled transshipment operations. A proposed transfer of a stake in the port concessionaire to a foreign shipping company remains under committee examination and requires Central Government consideration of strategic and security aspects.
    August 13, 2026
    Show AI Summary
    Renewable energy reliability requires storage, grid readiness and ancillary service markets alongside competitive clean-power procurement.
    Renewable energy procurement is shifting beyond lowest tariffs towards dependable, dispatchable and affordable clean power, assessed through capacity value, balancing capability and system economics. Storage-backed renewable and hybrid projects can improve renewable utilisation, reduce variability and curtailment, and support peak demand. Higher renewable penetration also requires supportive storage policies, timely approvals, aligned intrastate transmission planning, stronger distribution infrastructure, and market mechanisms for ramping reserves, frequency response and fast-response balancing services.
    August 13, 2026
    Show AI Summary
    Accredited Investor certification facilitates eligible investors' access to alternative investment products, lower thresholds and applicable regulatory flexibilities.
    SEBI's Accredited Investor framework enables eligible investors and entities to obtain certification that may allow lower minimum investment thresholds for Portfolio Management Services, Alternative Investment Funds and other alternative investment products, along with applicable regulatory flexibilities. PMS Bazaar and NSDL Database Management Limited's Accreditation Agency facilitate end-to-end applications, subject to required documentation and prescribed payment. Assistance is available to individual investors and eligible clients of investment providers without additional platform, service or processing charges, while prescribed certification fees remain payable.
    August 13, 2026
    Show AI Summary
    Manufacturing GVA growth under the revised national accounts series highlights stable sectoral contribution and resilience-focused industrial measures.
    Manufacturing performance is assessed under the revised National Accounts Statistics series using 2022-23 as the base year. Manufacturing's share of total Gross Value Added at current prices remained broadly stable through 2025-26, and Manufacturing GVA at constant prices achieved a compounded annual growth rate of 10.88% from 2022-23 to 2025-26. Production Linked Incentive schemes, logistics and industrial-corridor measures, semiconductor initiatives, and MSME support seek to strengthen domestic manufacturing, diversify supply chains, reduce import dependence, and improve resilience.
    August 13, 2026
    Show AI Summary
    Electronic inspection and certified copies expand digital access to judicial records while supporting efficient case management and reduced delays.
    NCLT has launched e-Inspection and e-Certified Copy Services for faster and more convenient access to judicial records and certified copies by advocates, litigants and other stakeholders. The services support a technology-enabled Registry framework and transparent, efficient justice delivery. Pendency monitoring, workload redistribution, Special Benches, maximisation of court time, and registration and listing guidelines are intended to improve case management, optimise limited judicial resources and reduce avoidable delays.
    August 13, 2026
    Show AI Summary
    CBDC-based food subsidy transfers enable eligible beneficiaries to use Digital Rupee wallet credits for traceable foodgrain purchases.
    CBDC-based Direct Benefit Transfer under the Pradhan Mantri Garib Kalyan Anna Yojana will credit eligible beneficiaries' food subsidies as programmable Digital Rupee tokens directly into CBDC wallets. Beneficiaries may use these credits to purchase foodgrains from empanelled merchants through secure, real-time and traceable payments, replacing conventional bank-account transfers. The model is intended to improve traceability, reduce leakages and cash handling, enable real-time monitoring of subsidy use, and provide a scalable framework for CBDC integration with welfare schemes.
    August 13, 2026
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    Preferential trade agreement negotiations begin under agreed terms covering market access, origin rules, trade remedies and dispute settlement.
    India and the Southern African Customs Union have signed Terms of Reference to commence negotiations for a Preferential Trade Agreement. Negotiations are envisaged on trade in goods and market access, rules of origin, customs procedures and trade facilitation, trade remedies including bilateral safeguards, sanitary and phytosanitary measures, technical barriers to trade, dispute settlement, and legal and horizontal provisions. The Terms of Reference establish the negotiating framework only; preferential tariff treatment and other operative commitments depend on conclusion of a final agreement.
    August 12, 2026
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    Prepaid plan restructuring eliminates mid-tier daily-data options and channels subscribers toward higher-priced plans with expanded data access.
    Bharti Airtel has discontinued prepaid plans combining 1.5 GB daily data allowances with unlimited calling, directing subscribers towards higher-priced plans with expanded data access, including unlimited 5G data. The restructuring reduces low-priced unlimited-data offerings and changes the pricing architecture for customers using discontinued mid-tier plans. Management links tariff repair to differentiated mobile-plan categories and sustained average revenue per user growth.
    August 12, 2026
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    Insolvency professional conduct faces money-laundering allegations over re-admitted claims, creditor committee changes, and a connected resolution applicant.
    Enforcement action under the Prevention of Money Laundering Act concerns allegations that an insolvency professional re-admitted claims earlier rejected as spurious and fraudulent during the Corporate Insolvency Resolution Process. The alleged re-admission altered the Committee of Creditors' composition and facilitated consideration of a resolution plan allegedly submitted for, and funded through an entity controlled by, a company promoter under investigation for diversion of bank-loan funds. Adverse findings reportedly included acting beyond authority by relying on fabricated and improperly submitted material.

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      Handling Unexpected Emergencies (HUE) Workshop: Empowering Elderly Caregivers with Critical Knowledge and Skills

      January 28, 2025

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      The 5th edition of the HUE (Handling Unexpected Emergencies) workshop by Manipal Hospital Old Airport Road was an insightful event dedicated to our senior citizens from the Neighborhood Community.

      BENGALURU, India, Jan. 28, 2025 /PRNewswire/ -- The 5th edition of Manipal Hospital Old Airport Road's flagship workshop series, Handling Unexpected Emergencies (HUE), successfully brought together over 150 caregivers, and elderly individuals to discuss the critical aspects of managing health emergencies in the elderly population on January 25th 2025.

      With the theme, 'Navigating Emergencies in the Golden Years with Preparedness and Precision,' this edition of HUE aimed at addressing the unique challenges faced by those aged 70 and above. With an emphasis on early recognition, timely response, and optimal remediation, the workshop provided a comprehensive approach to emergency preparedness, ensuring that the elderly and their caregivers are better equipped to handle health crises safely and effectively.

      Dr. Manish Rai, Zonal Director at Manipal Hospital Old Airport Road, addressed the gathering at the beginning of the event and stated, "At Manipal Hospital, we believe in not just extending life, but enhancing its quality by ensuring that our elderly population and their caregivers are well-equipped to handle unexpected health situations. Today's workshop is about making that preparedness a reality, with a clear focus on early recognition, appropriate response, and optimal care." Dr. A Sivagnanam, HOD & Consultant - Paediatric Emergency and Program Director of HUE, also spoke passionately about the principle behind HUE, stating, "Recognize early, respond aptly, and remediate optimally" – the guiding philosophy that has steered over 30 workshops since HUE's inception in 2017.

      Dr. Anoop Amarnath, Consultant - Geriatric Medicine, Manipal Hospital Old Airport Road, led the first session, focusing on nine common ailments that can escalate quickly into emergencies for the elderly. The session covered critical topics such as blood sugar management, urinary and bowel issues, falls, dehydration, nutrition, brain health, routine blood work, and polypharmacy. He also spoke about practical prevention strategies such as correction of malnutrition with diet optimization, and integrating technology for health monitoring, for instance the use CGM (continuous glucose meter).

      Dr. Amarnath encouraged caregivers to be vigilant about subtle health changes and emphasized the need for regular monitoring. "I would rather see you at a conference for emergency preparedness than in the emergency room," Dr. Amarnath humorously remarked, urging caregivers to proactively manage these conditions to prevent life-threatening emergencies.

      Dr. Satyanarayana Mysore, Chairman, HOD & Consultant - Pulmonology Lung Transplant Physician and Sleep Medicine, Manipal Hospital Old Airport Road, took the stage to share insights on respiratory health in the elderly and the significance of lung function in aging adults and how managing conditions like asthma, COPD, and respiratory infections can optimize the elderly's quality of life. He spoke on how age-related changes in lung health, including senile emphysema and sleep disorders, could lead to severe complications if not managed properly. "Act early, live wisely, and breathe easy," Dr. Mysore advised, urging the elderly population to adopt preventative measures like annual flu vaccinations and regular check-ups.

      Dr. Mysore also focused on: • The importance of recognizing late-onset asthma and ensuring that elderly patients follow prescribed treatment regimens.

      • The need to screen for lung malignancies and other respiratory issues, as early detection can prevent complications.

      • Practical advice on managing COPD and preventing exacerbation of symptoms.

      Dr. Pramod Krishnan, HOD & Consultant – Neurology, Epileptology & Sleep Medicine, Manipal Hospital Old Airport Road, focused on the critical issue of cognitive decline in aging adults. He addressed the difference between simple forgetfulness and more serious conditions like dementia, emphasizing that early identification and intervention are key to slowing down progression. "Don't retire, rewire and refire," Dr. Krishnan quoted Bernard Kelvin Clive, highlighting the importance of mental stimulation and an active lifestyle in preserving brain health.

      Key takeaways included: • Cognitive Screenings: How regular screenings for early signs of dementia can help prevent cognitive decline from worsening.

      • Mental Exercises: The importance of keeping the brain engaged with memory games, learning new skills, and maintaining social interactions.

      In his insightful session, Dr. Ranjan Shetty, HOD & Consultant - Interventional Cardiology, Manipal Hospital Old Airport Road, brought attention heart health in aging. He highlighted the unique cardiovascular risks faced by the Indian elderly population, with heart disease occurring a decade earlier than in the Western population. He stressed the importance of addressing high blood pressure, high cholesterol, obesity, diabetes, lack of physical activity and other risk factors early on. "In India, heart disease strikes at least a decade earlier than in Western countries," Dr. Shetty pointed out. "Managing these risk factors effectively can significantly improve the elderly's heart health." He focused on Lifestyle changes to reduce cardiovascular risk, including diet, exercise, and medication adherence.

      Dr. Mabel Vasnaik, HOD & Consultant - Emergency Medicine, Manipal Hospital Old Airport Road, highlighted the importance of the "Golden Hour" in medical emergencies. She stressed how essential it is to respond quickly, particularly in cases like strokes, heart attacks, and severe falls. "Being prepared can save lives," Dr. Vasnaik remarked, urging caregivers to maintain a well-organized medical kit, have emergency contact numbers handy, and be familiar with the symptoms of critical conditions such as strokes.

      In the final session, Dr. Vyjayanthi Bonanthaya, HOD & Consultant - Psychiatry, Manipal Hospital Old Airport Road, closed the session with a crucial discussion on the mental well-being of elderly individuals. She shared how caregivers can identify mental health issues such as depression, anxiety, and cognitive disorders, and the importance of addressing these concerns alongside physical health. "Mental health is as crucial as physical health," Dr. Bonanthaya stated, emphasizing that both the elderly and their caregivers need support to maintain emotional well-being.

      Interactive Workstations: After the sessions, participants were invited to take part in hands-on interactive workstations that focused on: 1. Mobility Support: Techniques to enhance movement and prevent falls 2. Nutrition: Addressing deficiencies and tailoring diets for the elderly 3. Cognitive Well-being: Screening for cognitive health and providing early interventions The workshop concluded with a resounding message of preparedness, collaboration, and continuous learning. Dr. Gnanam reinforced the core philosophy of HUE: "Recognize early, respond aptly, and remediate optimally," showcasing Manipal Hospitals commitment to the health and well-being of the elderly.

      For more information please visit: https://www.manipalhospitals.com/oldairportroad/ Photo 1: Embedded Media Photo 2: Embedded Media Photo 3: Embedded Media (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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