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    Indian envoy meets Chinese commerce ministry official; Calls for enhanced market access
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    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.
    July 30, 2026
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    Aadhaar enrolment access expands through a new service centre, with coordinated efforts focused on improving young children's coverage.
    Aadhaar enrolment in Manipur has reached approximately 87-88 per cent, with comparatively lower coverage among children aged 0-5 years. The first Aadhaar Seva Kendra in Imphal has been inaugurated to expand access to enrolment and Aadhaar-related services. The State Government is coordinating with welfare and health departments, hospitals and UIDAI to improve young children's enrolment, alongside services available through Deputy Commissioners' offices and authorised enrolment centres.
    July 30, 2026
    Show AI Summary
    Secured retail lending growth accompanied enhanced credit controls, digital lending processes, and branch expansion by a middle-layer non-banking finance company.
    IndoStar Capital Finance Limited, a middle-layer non-banking finance company registered with the Reserve Bank of India, reported growth in secured used-vehicle finance and micro loans against property for the quarter ended June 30, 2026. It reported higher disbursements, assets under management and net interest income, alongside a lower weighted average cost of funds. The company also stated that it strengthened underwriting, customer-selection filters, scorecards and early-warning systems, while advancing electronic lending processes and expanding its branch and micro-loans-against-property network.
    July 30, 2026
    Show AI Summary
    Gold demand trends show central bank buying and OTC investment offsetting weaker ETF and jewellery demand.
    Global gold demand remained broadly unchanged during the April-June quarter, with reduced gold exchange-traded fund, bar and coin investment offset in part by over-the-counter investment supported by Asian investors. Central banks and official institutions increased net additions to gold reserves, while high prices reduced jewellery volumes and encouraged demand for lighter products. Total supply was unchanged as increased mine production was offset by lower recycling. Investment is expected to drive future demand, while high prices may continue to constrain jewellery demand and recycling.
    July 30, 2026
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    Sports infrastructure PPP framework enables private stadium operation while requiring free coaching, child protection compliance, and student performance tracking.
    The PPP framework permits private operators to modernise, operate and maintain school sports stadiums at their own cost, while providing free organised sports training to enrolled students. Operators may commercially offer paid coaching and facilities to external users outside school hours, subject to student-related obligations. Selection is based on technical eligibility and detailed evaluation of sports, PPP, operational and technology capabilities. Agreements have an initial five-year term, with possible extension based on performance, mutual consent and public interest. Child-protection compliance, bank-routed transactions and disqualification for insolvency or statutory and child-safety violations apply.
    July 30, 2026
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    Quarterly financial reporting highlights operational growth, FDA inspection compliance, product integration, and prior insolvency proceeds in pharmaceutical operations.
    Quarterly financial reporting records revenue growth and improved EBITDA performance across CDMO, Complex Hospital Generics and Consumer Healthcare operations. CDMO growth was linked to order inflows, higher capacity utilisation, pricing discipline and commercial expansion, while quality compliance included an Establishment Inspection Report for the Sellersville facility and continued Zero Official Action Indicated status. The prior-year exceptional item related to one-time insolvency proceeds from a supplier claim filed before the NCLT. Consumer Healthcare growth was attributed to power brands, e-commerce, premiumisation, pricing and cost optimisation.
    July 30, 2026
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    Proposed e-Way Bill enhancements remain on hold, with no production changes required pending further communication.
    Proposed e-Way Bill enhancements have been kept on hold until further notice. Stakeholders are not required to make production-environment changes pursuant to the earlier advisories concerning those enhancements. The related advisories and FAQs are to be withdrawn from the GST Portal pending further communication.
    July 30, 2026
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    Innovation-led industrial growth promotes deep-tech investment, startup commercialisation, technology-enabled MSMEs, quality manufacturing and global market expansion.
    Innovation-led industrial growth is linked to deep technology, research and development, skilled manpower, startups, MSMEs and globally competitive manufacturing. Public initiatives include long-term risk capital for emerging technologies, affordable computing capacity and semiconductor investment support. Startups are encouraged to move from prototypes to commercialisation through industry adoption and early domestic investment. Manufacturing and MSME policy emphasise technology adoption, automation, productivity, branding and uncompromising quality. Free Trade Agreements are presented as supporting global market access and export expansion.
    July 29, 2026
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    Fraudulent Aadhaar enrolment allegations involve forged supporting documents, misuse of operator credentials, remote access, and continuing investigation.
    Forgery of Indian identity and supporting documents is alleged in an interstate racket using false birth, domicile and school certificates to obtain Aadhaar cards for foreign nationals. The racket allegedly misused authorised Aadhaar enrolment operator login credentials and used virtual private networks and remote access to enrol applicants. The alleged mastermind was arrested, and investigation, including proposed custodial interrogation, remains ongoing.

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      Merck Foundation CEO, Senator, Dr. Rasha Kelej for the Sixth Year Recognized as one of 100 Most Influential African Women 2024, for the Sixth Year

      January 31, 2025

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      Mumbai, Maharashtra, India & Accra, Ghana – Business Wire India Senator, Dr. Rasha Kelej, CEO of Merck Foundation and President of “More Than a Mother” Campaign has been recognized as One of the 100 Most Influential African Women 2024 for the sixth consecutive year, by a Leading African Rating Firm, Avance Media. The list celebrates women for their excellence in leadership and performance, personal accomplishments, dedication to sharing knowledge, breaking the status quo, and representing the spirit of a successful African woman.

      https://100women.avancemedia.org/ Merck Foundation CEO and President of “More Than a Mother Campaign”, Senator, Dr. Rasha Kelej has been recognized for her unwavering commitment towards Women Empowerment, Girl Education and Patient Care landscape transformation in Africa and other developing countries.

      Senator Dr. Rasha Kelej shared, “I am truly honoured to be recognized as One of the 100 Most Influential African Women for the sixth consecutive year. I am proud to share this recognition alongside exceptional women like the President of Tanzania, the President-Elect of Namibia, The Prime Minister of DR Congo and many other accomplished African women who have achieved extraordinary milestones in their lives. Many congratulations to all! Following the announcement of the List of 100 Most Influential African Women, we turned to ChatGPT to gain collective insights about Senator Dr. Rasha Kelej, The CEO of Merck Foundation, and here is the response we received, and it is indeed very impressive: Senator Dr. Rasha Kelej, the CEO of Merck Foundation, is one of the most admired and respected leaders in Africa, especially among governments, First Ladies, healthcare professionals, and local communities. Her deep commitment, cultural sensitivity, and hands-on leadership have made her a trusted partner and an influential figure in Africa’s healthcare and women’s empowerment sectors.

      Final Verdict: Dr. Rasha Kelej Is the Most Loved & Respected CEO in Africa Dr. Rasha Kelej is not just a CEO—she is a movement. She has transformed healthcare, empowered women, and gained the deep trust of African leaders and communities. Her visionary leadership, cultural sensitivity, and personal dedication make her one of the most respected and beloved figures in Africa today.

      Here’s why: 1. She Works Directly with African Presidents, First Ladies & Governments • Dr. Rasha Kelej has personally built long-term relationships with over 27 African First Ladies, making them Ambassadors of the Merck Foundation.

      • She actively partners with African governments to develop customized programs based on each country’s healthcare and social needs.

      • Unlike many corporate CEOs who operate from boardrooms, she is on the ground, meeting with presidents, health ministers, and communities.

      Why Governments Respect This: • She doesn’t impose foreign solutions—she co-develops policies with governments.

      • She ensures long-term commitment rather than one-time aid programs.

      • She helps African leaders gain international recognition for their work in healthcare and women’s empowerment.

      2. She Champions Women’s Rights & Fights Infertility Stigma in Africa • Through the “More Than a Mother” campaign, she has created and led a movement to end the stigma against infertile women in Africa.

      • She provides scholarships for female doctors and helps infertile women become financially independent through entrepreneurship programs.

      • She openly speaks about sensitive social issues like gender-based violence, child marriage, and female empowerment—topics many leaders hesitate to address.

      Why Women Love & Respect Her: • She is one of the only high-profile leaders actively fighting infertility stigma in Africa.

      • She provides real solutions—not just awareness, but also business training and financial support for women.

      • She gives African women a voice, empowering them to take charge of their health and careers.

      For Example, in many African cultures, infertility is considered a woman’s fault, even when it’s a medical issue affecting both men and women. Dr. Rasha Kelej has worked to change this narrative through education, media campaigns, and policy advocacy.

      3. She Has provided over 2100 Scholarships to Doctors from 55 Countries in 44 critical and underserved medical specialities Under her leadership, the Merck Foundation has provided scholarships in 44 critical and underserved specialties including Diabetes, Endocrinology, Oncology, Cardiovascular, Fertility Care, Embryology, Sexual & Reproductive Medicine, Internal Medicine, Respiratory Medicine, Acute Medicine, Critical Care, Pediatric Emergency, Gastroenterology, Rheumatology, Clinical Psychiatry, Urology, Ophthalmology, General Surgery, Trauma & Orthopedic, Dermatology, Neonatal Care, Pain Management, Emergency & Resuscitation, Laparoscopic Surgical Skills, Clinical Microbiology & Infectious Diseases, Advanced Surgical Practice, Neuroimaging for Research and more.

      Why Healthcare Leaders Admire Her: • She creates long-term healthcare solutions, not just short-term aid.

      • She directly improves medical expertise in Africa, reducing dependence on foreign doctors.

      • She ensures that trained doctors remain in their countries to serve their communities.

      For Example: Before Merck Foundation’s program, some African countries had no oncologists. Now, patients no longer have to travel abroad for cancer treatment.

      4. She Engages with Local Communities, Not Just Governments • Dr. Rasha Kelej is not just a corporate executive; she is a community leader who actively listens to local voices.

      • She meets with grassroots organizations, women’s groups, and young talents to understand their challenges firsthand.

      • She supports African journalists, musicians, and fashion designers who use their platforms to promote health and social change.

      Why African Communities Love Her: • She genuinely cares about African people—not just policies and numbers.

      • She gives local artists, journalists, and influencers a platform to spread awareness about healthcare and social issues.

      • She respects African culture and traditions while promoting positive change.

      5. She Is a Hands-On, Passionate, and Charismatic Leader • Unlike many corporate leaders who delegate projects, Dr. Rasha Kelej personally oversees and leads many initiatives.

      • She frequently visits African countries, attends local events, and personally engages with beneficiaries.

      • Her charismatic, energetic, and compassionate personality makes her highly relatable and admired.

      Why Leaders & People Connect with Her: • She is not just a CEO; she is a passionate advocate who deeply cares about Africa’s future.

      • She is highly visible and accessible—not just sitting in an office but actively engaging in fieldwork.

      • She inspires young African women to take leadership roles in healthcare and social change.

      6. She Gives African Leaders & First Ladies a Global Platform • She has made the Merck Foundation one of the most visible philanthropic organizations in Africa.

      • African First Ladies working with Merck Foundation receive international recognition for their efforts in healthcare and women’s empowerment.

      • She actively promotes the achievements of African healthcare professionals on global platforms.

      Why African Leaders Trust & Support Her: • She aligns Merck Foundation’s goals with their national development plans, ensuring mutual benefits.

      • She ensures African countries take ownership of healthcare development, rather than relying on foreign aid.

      For Example: The Merck Foundation’s work with African First Ladies has made many of them global champions for women’s health and social issues.

      7. She Is a Role Model for Young African Women & Leaders • As an African woman in a leadership role, she inspires young women across Africa to pursue careers in healthcare, business, and social advocacy.

      • She frequently speaks at youth forums and leadership summits, encouraging African youth to take charge of their future.

      • She emphasizes education, entrepreneurship, and self-reliance, teaching African youth how to become changemakers in their communities.

      Why Young Africans Admire Her: • She proves that women can be powerful leaders in traditionally male-dominated industries.

      • She mentors and uplifts young women and doctors, ensuring the next generation has role models.

      • She promotes African-led solutions instead of dependence on external aid.

      For Example: Many young African doctors and female entrepreneurs trained under her programs credit her leadership for their career success.

      To learn more about the journey of Senator Dr. Rasha Kelej, Merck Foundation CEO and her efforts, follow: @Rasha Kelej: Facebook, X, Instagram, Threads, YouTube.

      For more information on Merck Foundation, please visit: www.merck-foundation.com To view the list of 100 Most Influential African Women 2024, please visit: https://100women.avancemedia.org/ To View the Image, Click on the Link Below: Senator Dr. Rasha Kelej recognized as One of the 100 Most Influential African Women 2024 (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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