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    Rupee rises 12 paise to close at 96.30 against US dollar
    MP industrial corporation, Amazon ink pact to accelerate e-commerce exports
    Following are the top foreign stories at 2015 hours
    Pending civil suits, arbitral claims stand abated after resolution plan approved under IBC: SC
    India'€™s forex kitty jumps USD 964 mn to USD 675.15 bn
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    India Achieves Major Milestone at Codex Commission with Adoption of Three Global Standards for Spices
    Centre for Trade and Investment Law launches guidebook to help Indian MSMEs expand into global markets
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    JK marks maiden export of premium cherries, plums to Singapore
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    July 17, 2026
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    Foreign exchange market movement strengthens the rupee as equity gains and possible central-bank support offset oil-price pressure.
    Foreign exchange market movement saw the rupee appreciate against the US dollar, supported by positive domestic equity-market performance, lower US Treasury yields and reported possible central-bank intervention. Elevated West Asia tensions, higher global crude-oil prices and cautious foreign investment flows continued to pressure the currency. Market attention remained focused on global developments, crude-oil movements and foreign institutional investment activity, alongside an increase in foreign-exchange reserves.
    July 17, 2026
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    E-commerce export promotion supports Madhya Pradesh businesses through global marketplace access, exporter readiness, and a cross-border export roadmap.
    A memorandum of understanding supports Madhya Pradesh businesses, including MSMEs, entrepreneurs, direct-to-consumer brands, manufacturers, weavers, artisans and producers, in accessing international customers through the Amazon Global Selling programme. The collaboration will improve e-commerce export awareness, exporter readiness and knowledge sharing, while developing a state export roadmap with policy and infrastructure recommendations. It will also identify interventions relating to logistics, access to finance, payment reconciliation and regulatory enablers for cross-border exports.
    July 17, 2026
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    Russian oil purchase tariffs and tighter visa oversight reshape trade exposure and immigration compliance for foreign nationals.
    Proposed trade tariffs on purchases of Russian oil would target specified countries, including India and China, while exempting European purchasers of Russian gas. Separately, tighter United States visa regulations for international students, exchange visitors and journalists would end a long-standing arrangement allowing indefinite residence without government oversight. The reported changes may materially affect foreign nationals, including Indian nationals, through differentiated trade treatment and enhanced immigration compliance requirements.
    July 17, 2026
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    Clean slate doctrine extinguishes uncrystallised operational claims and pending proceedings once an approved insolvency resolution plan becomes binding.
    The clean slate doctrine under the Insolvency and Bankruptcy Code is described as abating or extinguishing pending civil suits and arbitration involving pre-insolvency operational claims that had not crystallised into determinable and quantifiable amounts before resolution-plan approval. Claims must be submitted to and determined by the resolution professional, and only crystallised claims incorporated in the approved plan remain payable under its prescribed treatment. Once final, the creditor list and approved plan bind all stakeholders.
    July 17, 2026
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    Foreign exchange reserves rose as foreign currency assets, gold, Special Drawing Rights and IMF reserve position increased.
    Foreign exchange reserves increased during the reporting week, principally because foreign currency assets rose. Reserve components include foreign currency assets, gold reserves, Special Drawing Rights and the reserve position with the International Monetary Fund. Foreign currency assets, expressed in dollar terms, reflect valuation effects arising from movements in non-US currencies held in the reserves. Gold reserves, Special Drawing Rights and the reserve position with the International Monetary Fund also increased.
    July 17, 2026
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    Rupee exchange-rate movement stabilised after possible central bank intervention, while oil prices and foreign fund flows sustained pressure.
    The rupee strengthened against the US dollar following four declining sessions, reportedly amid possible Reserve Bank of India intervention. Elevated West Asia tensions, higher crude-oil prices and cautious foreign fund flows continued to weigh on the currency, despite consolidation in the absence of major domestic triggers. Market participants were expected to monitor global developments, crude-oil movements and foreign institutional investor activity for the next directional move.
    July 17, 2026
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    Revised Index of Core Industries adopts a new base year, adds Iron Ore, and aligns production measurement methodology.
    The revised Index of Core Industries adopts 2022-23 as its base year and replaces the 2011-12 series. Its weights are derived from the 2022-23 Index of Industrial Production and redistributed pro rata to total 100. Iron Ore is added as a core industry, expanding the basket to nine industries. The Steel Index will use gross production data for consistency with the Index of Industrial Production. In the Coal sector, only Raw Coal is retained; Coal Middlings and Washed Coal are excluded to prevent double counting.
    July 17, 2026
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    Sustainability reporting discipline requires credible disclosures, board-level integration, data assurance and proportionate ESG implementation across business value chains.
    ESG-led responsible business conduct requires sustainability disclosures that are relevant, comparable, evidence-based and verifiable, supported by reliable systems, internal controls, documentation, traceability and independent examination. Sustainability should be integrated into board-level decision-making, fiduciary responsibilities, risk management and long-term enterprise value. Stronger governance, accountability and data-assurance frameworks are needed to address greenwashing, with proportionate reporting, technology and capacity-building supporting implementation across value chains and MSMEs.
    July 17, 2026
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    Promoter shareholding increase through market purchases remains within creeping acquisition limits and signals confidence in long-term growth prospects.
    Promoter and promoter-group shareholding in Reliance Industries Ltd increased by nearly 0.5 percentage points through market purchases during the June quarter. The purchases were reported to be within SEBI creeping acquisition limits, allowing gradual promoter acquisitions without triggering a mandatory open offer where prescribed thresholds are met. The increase may strengthen promoter control and marginally reduce public float, and was characterised as reflecting confidence in long-term growth, earnings trajectory and capital-allocation plans.
    July 17, 2026
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    Tariffs on Russian oil purchasers would target sanctions evasion, with reassessment mechanisms and limited energy-sector exemptions proposed.
    Proposed United States Senate legislation would impose mandatory tariffs on imports from leading purchasers of Russian oil or gas and leading facilitators of Russian oil-sanctions evasion. It provides for periodic reassessment and tariff adjustments, while exempting qualifying countries reducing Russian gas imports. Russian uranium purchases for specified nuclear and medical needs, and certain nuclear and space cooperation activities, would be excluded.
    July 17, 2026
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    Foreign currency non-resident deposits enable overseas Indians to invest foreign earnings while supporting India's foreign-exchange reserves.
    Foreign Currency Non-Resident deposits allow Non-Resident Indians and Persons of Indian Origin to maintain overseas earnings as foreign-currency fixed deposits with Indian banks without conversion into Indian rupees. Banks may offer enhanced interest rates for a limited period under an initiative intended to strengthen foreign-exchange reserves and support the rupee. The framework covers the investment process, regulatory requirements, taxation aspects and advantages for eligible overseas investors.
    July 17, 2026
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    GST compliance management integrates reconciliation, input tax credit support, invoicing and statutory monitoring within an AI-powered enterprise platform.
    The unified cloud platform combines accounting, manufacturing, inventory, procurement, human resources, payroll, compliance, reporting and document management with an embedded AI agent. Its compliance functions include GST validation, purchase-register reconciliation with GSTR-2B, input tax credit support, supplier filing-gap detection, e-invoicing, e-way bills, TDS and statutory due-date tracking. Financial and operational workflows are intended to use common real-time data, with automation for invoices, journal entries, reconciliations, reporting, workflow approvals and compliance-risk monitoring.
    July 17, 2026
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    Institutional trade cooperation expands through industry MoUs, supporting investment, innovation and technology partnerships across strategic economic sectors.
    Bilateral trade and investment cooperation was advanced through ministerial discussions and industry engagements concerning financial markets, innovation, enterprise financing and commercial relations. Two institutional Memoranda of Understanding established mechanisms for industry collaboration and greater business engagement. Sector-specific interactions covered digital and frontier technologies, space, clean energy, bioeconomy, circular economy, infrastructure and advanced manufacturing, focusing on collaboration, investment and technology partnerships.
    July 17, 2026
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    Codex spice standards harmonise quality benchmarks for cardamom, coriander and vanilla, supporting trade consistency, market access and export competitiveness.
    Codex standards for large cardamom, coriander and vanilla establish harmonised international quality benchmarks following review by relevant committees on analytical methods, food additives and food labelling. The standards are intended to promote consistent quality requirements, facilitate trade, improve market access and support export competitiveness. India was also accepted as Co-Chair of an Electronic Working Group developing policy guidance on risk analysis for new food products.
    July 17, 2026
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    Export readiness for MSMEs strengthens global market access through trade intelligence, standards compliance, preferential origin rules and trade remedy awareness.
    Export readiness for Indian MSMEs is supported through practical guidance on identifying export opportunities, market-access requirements, trade intelligence tools, international standards, sustainability requirements and buyer identification. International expansion strategies include using preferential Rules of Origin and cooperation mechanisms under Free Trade Agreements, selecting export destinations, product positioning, diversification and value addition. Trade remedy awareness and guidance on unfair trade practices and import surges, together with institutional support, partnerships and trade-exhibition participation, can strengthen global competitiveness and integration into global value chains.
    July 16, 2026
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    Reciprocal tariff measures and multilateral dispute settlement are pursued in response to contested import duties.
    Reciprocal tariff measures are proposed in response to a new tariff on specified Brazilian imports allegedly involving unfair trade practices. Brazil rejects those allegations and proposes to use its reciprocity-law mechanisms, including reciprocal tariffs and other trade-related countermeasures, while pursuing multilateral dispute settlement. It maintains that trade investigations must conform to multilateral international-trade rules and notes that the tariff may burden exports and increase commercial uncertainty.
    July 16, 2026
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    Section 301 tariff authority offers a procedurally constrained route to replace temporary global import tariffs after emergency powers failed.
    Import-tariff authority is shifting from emergency-based measures to temporary and investigatory powers under the Trade Act of 1974. Section 122 supports a global tariff measure only for a limited period, whereas Section 301 permits tariffs or trade sanctions for unjustifiable, unreasonable, or discriminatory foreign trade practices after required public-comment and hearing procedures. Current Section 301 investigations concern forced-labour imports and alleged overproduction by trading partners. A more rule-bound tariff framework may reduce, but not eliminate, commercial uncertainty, and broad use of Section 301 for near-universal tariffs may face legal challenge.
    July 16, 2026
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    International food-safety and phytosanitary compliance supports premium cherry and plum exports from Jammu and Kashmir to Singapore.
    Export of premium cherries and plums from Jammu and Kashmir to Singapore was facilitated to expand overseas market access for temperate fruits. The produce underwent scientific cultivation, optimum-maturity harvesting, grading, sorting, packing and cold-chain handling in compliance with international food-safety and phytosanitary standards. The initiative highlights quality enhancement, market development, logistics, export-oriented production and improved post-harvest management for horticultural exports.
    July 16, 2026
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    Electricity bill recovery and prepaid departmental billing are presented alongside independent tariff regulation and rooftop solar promotion.
    Electricity-payment arrears were reported against government departments and non-government consumers. Tariffs are determined independently by the State Electricity Regulatory Commission on factors including power-purchase costs, regulatory assets, the distribution company's financial position and public hearings. Recovery from non-government consumers is undertaken under the Electricity Supply Code, while a pre-paid billing system is being implemented for government departments to improve payment compliance. Rooftop solar installations are also being promoted to reduce household electricity bills.
    July 16, 2026
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    Rupee depreciation pressures intensify as elevated crude prices, foreign capital outflows and geopolitical tensions weigh on exchange markets.
    The rupee weakened for a fourth consecutive session amid elevated crude oil prices, a stronger dollar index and foreign capital outflows, with rising oil import costs adding to balance-of-payments pressures. Reserve Bank of India data showed an overall balance-of-payments deficit during the first two months of the fiscal year, although the current account recorded a surplus for April-May 2026. Geopolitical tensions and Strait of Hormuz risks were cited as supporting high crude prices, while possible Reserve Bank intervention could support the rupee.

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      Top 5 Best Astrologers in Chandigarh & Punjab: Acharya Indravarman & Other Most Experienced astrologers

      February 3, 2025

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      Astrology has been a guiding force for centuries, offering clarity, wisdom, and spiritual insights to those seeking answers about their future. In the culturally rich states of Punjab and the city of Chandigarh, astrology continues to play a vital role in career decisions, business growth, marriage compatibility, financial planning, and overall well-being. With increasing interest in Vedic astrology, horoscope analysis, and remedial astrology, people turn to renowned astrologers for guidance and personalized solutions.

      Among the most trusted astrologers in Chandigarh and Punjab, Best astrologer in Chandigarh Acharya Indravarman is widely respected for his highly accurate horoscope readings, practical remedies, and deep knowledge of Vedic and Tantric astrology. His expertise has helped thousands of people overcome obstacles and achieve success in their personal and professional lives.

      Let’s explore the Top 5 Best Astrologers in Chandigarh and Punjab, with a special focus on Acharya Indravarman.

      1. Acharya Indravarman – Chandigarh & Punjab’s Most Respected Astrologer Combining Ancient Vedic Astrology with Modern Life Solutions Best astrologer in India Acharya Indravarman is a renowned astrologer in Chandigarh and Punjab, offering scientific and highly accurate astrological guidance. His expertise in Vedic astrology, planetary analysis, numerology, and remedial astrology makes him a go-to astrologer for business professionals, students, families, and entrepreneurs seeking clarity and success.

      Core Specialties: • Career and business astrology for professionals and entrepreneurs • Love, marriage, and relationship compatibility analysis • Horoscope readings and future predictions • Financial astrology and wealth planning • Vastu consultations for home and office harmony • Effective remedies for overcoming life’s obstacles • Precise Knowledge in Vedic astrology Why Acharya Indravarman is the Best Astrologer in Chandigarh & Punjab Acharya Indravarman is highly regarded for his logical and scientific approach to astrology, ensuring that clients receive practical solutions that bring tangible results. His clientele includes corporate executives, business leaders, students, and families, all of whom rely on his expertise to make informed decisions about their future.

      Vedic Astrology for Career, Wealth, and Personal Success With a strong foundation in Vedic astrology, Best Online astrologer in India Acharya Indravarman provides career and financial guidance that helps individuals in Chandigarh and Punjab achieve job stability, business growth, and long-term wealth management. His ability to predict economic trends and planetary shifts ensures that his clients make the right decisions at the right time.

      A Legacy of Traditional Astrological Knowledge Acharya Indravarman comes from a long line of astrologers, ensuring that his practice is deeply rooted in authentic Vedic traditions. His ability to blend traditional astrology with modern applications makes him a trusted name in Punjab and Chandigarh’s astrology community.

      Accurate Horoscope Predictions for Life Planning One of the key reasons Acharya Indravarman is a preferred astrologer is his exceptional ability to provide highly precise horoscope readings. His insights help clients make well-informed choices about career, relationships, business ventures, and investments.

      Remedial Astrology for Overcoming Life’s Challenges Acharya Indravarman focuses on practical and highly effective remedies to neutralize planetary imbalances and remove obstacles. His solutions include: • Gemstone recommendations for planetary alignment • Sacred mantras and affirmations to attract success • Customized rituals and pujas for protection and prosperity • Vastu adjustments to bring harmony to homes and offices His scientific and spiritual approach ensures long-term benefits for his clients.

      Tantra and Energy Healing for Spiritual Protection Best tantrik in India Acharya Indravarman is also an expert in Tantric astrology, helping individuals clear energy blockages, remove negative influences, and strengthen their aura. His Tantric remedies are particularly sought after by business professionals and entrepreneurs in Chandigarh and Punjab who seek spiritual protection and success. He follows Hindu Schools Shakta tantra and Kaula tantra Online Consultations for Clients Across Chandigarh & Punjab To make astrology accessible, Acharya Indravarman offers virtual consultations via audio calls, phone sessions, and online horoscope readings. His services cater to clients in Chandigarh, Ludhiana, Amritsar, Jalandhar, Mohali, Patiala, Panchkula, and other parts of Punjab, ensuring that high-quality astrological guidance is just a call away.

      Affordable Fees for Trusted Astrological Advice Despite being one of the most sought-after astrologers, Best astrologer in Bangalore Acharya Indravarman ensures that his services remain affordable and accessible. His transparent pricing structure allows people from all financial backgrounds to benefit from his astrological wisdom. His consultation fee is 5000 Indian Rupees 2. Dr. Sohini Sastri – A Highly Respected Astrologer in India Dr. Sohini Sastri is a celebrity astrologer, known for her expertise in Vedic astrology, numerology, and spiritual healing. She has helped thousands of clients, including people from Chandigarh and Punjab, gain clarity in their career, relationships, and financial stability.

      Specialities: • Business and career astrology • Relationship and love compatibility • Spiritual healing and Vastu remedies • Accurate Horoscope Predictions • Precise Knowledge in Vedic astrology 3. Dr. Sundeep Kochar – A Renowned Astrologer with International Presence Dr. Sundeep Kochar is an internationally recognized astrologer, known for his ability to blend astrology with career counselling and business strategy. His clientele includes high-profile business leaders, politicians, and celebrities.

      Specialities: • Business and financial astrology • Relationship compatibility and personal growth • Health and wellness astrology • Accurate Horoscope Predictions • Precise Knowledge in Vedic Astrology 4. Dr. Vinay Bajrangi – Most Experienced Astrologer Dr. Vinay Bajrangi specializes in past-life astrology and karma correction, helping individuals understand their spiritual journey and destiny. His practical approach to astrology has helped many clients in Chandigarh and Punjab find deep self-awareness and personal growth.

      Specialities: • Past-life astrology and karma correction • Career and business astrology • Marriage and family compatibility • Accurate Horoscope Predictions • Precise Knowledge in Vedic astrology 5. Pawan Kaushik – A Leading Astrologer Pawan Kaushik is an expert in Vastu and gemstone astrology, offering personalized remedies for business growth, financial prosperity, and career success. His online consultations have helped many professionals and entrepreneurs in Chandigarh and Punjab achieve stability and success.

      Specialities: • Vastu consultation for homes and offices • Gemstone recommendations for prosperity • Career and financial astrology • Accurate Horoscope Predictions • Precise Knowledge in Vedic astrology Final Thoughts: Choosing the Best Astrologer in Chandigarh & Punjab Astrology continues to be a guiding force for individuals seeking success, happiness, and personal growth in Chandigarh and Punjab. Whether you need guidance on career advancement, business success, relationships, or financial stability, consulting a trusted astrologer can provide life-changing insights and solutions.

      Among the top astrologers in Chandigarh and Punjab, Acharya Indravarman stands out for his highly accurate horoscope readings, powerful remedial solutions, and deep spiritual insights. His ability to combine ancient wisdom with modern challenges makes him a top choice for clients across Punjab and Chandigarh.

      If you’re looking for authentic and transformative astrological guidance, Acharya Indravarman and the other esteemed astrologers on this list are among the best choices in the region.

      (Note: “The order of names” is not indicative of ranking.) (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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