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    GeM Launches 10-Day Celebrations Ahead of 10th Foundation Day, Unveils Commemorative Logo
    All Indian exports of dual-use items comply with international obligations: MEA
    PM Modi to inaugurate Bhogapuram Airport in Andhra on Aug 1
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    Closely monitoring: India on US bill seeking up to 100 % tariffs on purchasers of Russian oil
    Delhi HC seeks ED stand on Nayan Raheja's plea against money laundering case
    Rupee appreciates 7 paise to close at 95.43 against US dollar
    PM Modi, UK PM Burnham commit to harnessing full potential of mega trade deal
    ITC Q1 profit declines 15.6 pc to Rs 4,508.79 cr; non-cigarette FMCG posts robust growth
    Punjab extends deadline of one-time scheme for settling tax dues of pre-GST period till Sept 30
    PM Modi speaks to UK counterpart Burnham
    Bank credit to industry records robust growth of 19.2 pc in June: RBI data
    Delhi protesters' fingerprints collected from stones for identification via Aadhaar: BJP minister
    Cabinet approves Rs 84,084-cr offshore exploration scheme; govt to fund up to Rs 650 cr per well
    India's forex reserves jump USD 6.12 bn to USD 682.35 bn
    Jharkhand signs pact with CSC eStore to make SHG products made by women available online
    APEDA Facilitates First-Ever Air Shipment of Karnataka's Neelam and Totapuri Mangoes to the Maldives
    Favara-UPI Cross-Border Payment Corridor Goes Live Between Maldives and India
    SC upholds NCLAT order setting aside CCI's Rs 301.6-cr penalty on Grasim Industries
    China's factory activity unexpectedly slips into contraction in July
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    August 1, 2026
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    Digital public procurement engagement begins with stakeholder events promoting transparent, efficient and inclusive marketplace governance.
    Government e-Marketplace launched ten-day celebrations preceding its tenth Foundation Day, including a commemorative logo, stakeholder events and recognition of employees, buyers and sellers. The programme begins a year-long nationwide outreach initiative bringing together buyers, sellers, policymakers, industry representatives and ecosystem partners through events, dialogues and collaborative platforms. Its stated focus is technology-enabled, transparent, efficient and inclusive public procurement.
    July 31, 2026
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    Strategic trade controls require dual-use exports to comply with national law and international obligations amid arms-transfer allegations.
    Strategic trade controls governing dual-use exports require Indian exports of dual-use items and technologies to comply with national law and India's international obligations. The stated framework applies to exports to various countries. In response to allegations concerning supplies to Israel, the position notes calls for an arms embargo covering direct or indirect transfers of arms and military material, including weapons, ammunition, parts and components, without determining the underlying allegations.
    July 31, 2026
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    Greenfield airport development under a public-private partnership advances licensed international passenger, cargo, logistics, and sustainable infrastructure.
    A greenfield international airport is being developed under a Public-Private Partnership and Design, Build, Finance, Operate and Transfer framework, with airport, aviation-hub, education and supporting infrastructure components. The airport has obtained an aerodrome licence and required safety, fire and environmental clearances. Passenger, airfield and terminal systems are designed for domestic and international operations. A cargo terminal with cold-chain facilities and integration with port, industrial-corridor and logistics networks are intended to strengthen exports and air-cargo logistics. Recycled-water use and LEED Platinum development standards form part of its environmental measures.
    July 31, 2026
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    Regulatory and legal developments cover trade measures, legislative action, offshore exploration support, court directions and platform algorithm scrutiny.
    The compilation reports proposed United States tariff measures concerning purchasers of Russian oil and gas, India-United Kingdom trade engagement, extension of farmer-support measures, and approval of offshore exploration support. It also covers passage of the Registration of Births and Deaths (Amendment) Bill, 2026, a privilege-motion notice, a criminal sentencing, and directions to appoint a nodal officer for families affected by the Russia-Ukraine war. Regulatory items include industrial credit data and examination of social-media algorithms, bias and public-order implications.
    July 31, 2026
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    Russian oil purchases may trigger proposed targeted tariffs, with periodic reassessment based on countries' purchasing behaviour.
    Proposed United States measures would authorise sanctions against Russia and persons supporting its war in Ukraine, while permitting targeted tariffs on imports from countries purchasing substantial volumes of Russian oil or gas or facilitating sanctions evasion. The framework identifies major purchasers and shadow-fleet facilitators for possible additional tariffs and provides for periodic reassessment and tariff adjustments based on purchasing behaviour. India stated that its energy-security policy rests on national priorities and diversified energy sources.
    July 31, 2026
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    Money-laundering proceedings face challenge over absent predicate offence, alleged lack of criminal intent, and treatment of related FIRs.
    Money-laundering proceedings linked to alleged diversion of homebuyer funds are challenged on the ground that no scheduled offence or criminal intent is attributable to the petitioner. The petitioner relies on his asserted exoneration in two predicate FIRs, where charge sheets did not name him, and settlement of the remaining FIR. Notice was issued for a response and status report, and the petitioner undertook to cooperate with the investigation.
    July 31, 2026
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    Rupee appreciation reflected foreign capital inflows and central bank support, tempered by crude prices and geopolitical tensions.
    Rupee appreciation against the US dollar was linked to sustained foreign capital inflows and Reserve Bank support through dollar selling. Higher crude oil prices, a stronger US dollar and geopolitical tensions in West Asia constrained further gains. A slightly positive near-term rupee bias was associated with softer dollar conditions, dovish US monetary expectations, favourable global markets and improved foreign inflows, while geopolitical risks remained relevant. Domestic equity indices rose, foreign-exchange reserves increased, and fiscal-deficit data showed the central government's position against its full-year target.
    July 31, 2026
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    India-UK trade agreement enables duty-free access and bilateral cooperation on investment, technology, and strategic partnership.
    The India-UK Comprehensive Economic and Trade Agreement provides zero-duty market access in the UK for nearly 99 per cent of India's exports and is intended to expand bilateral trade and investment opportunities. The governments committed to maximise its benefits through the Comprehensive Strategic Partnership, including cooperation on technology, innovation, security, clean energy, education and people-to-people links. Advanced technology collaboration, including artificial intelligence, is also contemplated.
    July 31, 2026
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    Excise duty increases on cigarettes pressured profitability, while calibrated pricing and FMCG growth supported market resilience.
    Excise duty increases on cigarettes affected consolidated profitability, prompting calibrated pricing and portfolio measures to protect market share and limit migration to illicit trade. The cigarette portfolio was re-architected across price points through value-accretive offerings and staggered pricing actions. Non-cigarette FMCG growth was supported by demand for packaged foods, dairy and personal-care products. Input-cost inflation was mitigated through inventory cover, commodity hedging and price-volume rebalancing amid crude-price volatility, supply-chain disruption and imported inflation concerns.
    July 31, 2026
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    One-Time Settlement Scheme offers final pre-GST tax dispute resolution relief before stricter recovery action against defaulters begins.
    The One-Time Settlement Scheme 2025 for pre-GST tax dues has been extended until September 30. Eligible taxpayers may resolve pending legacy tax disputes with full waiver of interest and penalties and slab-wise relief in principal tax. After the deadline, recovery action may be intensified under applicable tax laws and the Punjab Land Revenue Act, including property attachment, auction and freezing of bank accounts. The department also supports amicable settlement of tax disputes through the SAMADHAN initiative.
    July 31, 2026
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    Bilateral trade agreement implementation supports expanded trade, investment and strategic cooperation through technology, security, clean energy and community links.
    The India-UK Comprehensive Economic and Trade Agreement was identified as a framework for expanding bilateral trade and investment opportunities following its operationalisation. The two governments proposed closer cooperation to use the agreement for shared prosperity, while advancing their comprehensive strategic partnership through technology, innovation, defence, security, clean energy, education and people-to-people links.
    July 31, 2026
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    Sectoral bank credit growth reflects broad-based expansion across industry, services, agriculture and personal loans, with slower credit-card growth.
    Sectoral bank credit growth accelerated across non-food lending, agriculture, industry, services and personal loans. Industrial credit expanded across micro and small, medium and large enterprises, with strong lending to infrastructure, engineering, food processing, textiles, construction, metals, petroleum-related products and chemical products. Services lending was supported by non-banking financial companies, commercial real estate and trade. Vehicle and housing loans maintained double-digit growth, while credit-card outstanding growth decelerated.
    July 31, 2026
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    Biometric identification of protesters through alleged fingerprint-Aadhaar linkage was described alongside criminal-background profiling and database creation.
    Biometric identification of protesters through fingerprints recovered from alleged stone-pelting evidence was publicly described as a proposed investigative method. A minister stated that fingerprints allegedly found on stones would be linked with Aadhaar numbers to identify participants and examine their prior records. The account also referred to analysis and categorisation of detained protesters' criminal backgrounds, creation of a separate database, and proposed action against participants described as anti-social elements or persons with criminal records.
    July 31, 2026
    Show AI Summary
    Offshore hydrocarbon exploration support funds high-risk deepwater drilling, shared infrastructure and data acquisition to strengthen domestic energy production.
    The National Offshore Exploration Scheme provides public support for deepwater and ultra-deepwater oil and gas exploration, including seismic and offshore data acquisition, exploratory drilling in frontier basins, and common production and evacuation infrastructure. It addresses the high cost and geological uncertainty of offshore drilling and includes technology adoption, digital programme management, capacity building and collaboration measures. The scheme seeks to expand domestic hydrocarbon discoveries and production, attract investment across the exploration and production value chain, and reduce reliance on imported oil and gas.
    July 31, 2026
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    Foreign exchange reserves increased as foreign currency assets and gold holdings rose, alongside measures to attract forex inflows.
    India's foreign exchange reserves increased during the reporting week, principally because foreign currency assets and gold reserves rose. Foreign currency assets, expressed in United States dollar terms, include valuation effects from movements in currencies such as the euro, pound and yen. Special Drawing Rights and the reserve position with the International Monetary Fund declined. Measures including the FCNR(B) measure were reported as efforts to attract foreign-exchange inflows following rupee pressure and dollar-sales intervention.
    July 31, 2026
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    Digital marketplace access for women's self-help group products expands e-commerce opportunities while panchayat-level citizen services are strengthened.
    Digital marketplace access for women's self-help group products is proposed through a memorandum of understanding between CSC eStore and the Jharkhand State Livelihood Promotion Society. Products marketed under the 'Palash' and 'Adiva' brands are intended to be offered through an e-commerce network to widen market access, support rural women's income and entrepreneurship, and strengthen the rural economy. Digital panchayat services are also being expanded through Common Service Centres, including banking, e-governance and Aadhaar-related services.
    July 31, 2026
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    Agricultural export facilitation expands market access for late-season mangoes through farmer aggregation and direct global market linkages.
    Agricultural export facilitation enabled an air shipment of late-season Neelam and Totapuri mangoes to an international market, expanding market access and extending the mango export season. Direct sourcing through a Farmer Producer Company supported organised aggregation, quality produce, and export-oriented supply chains. Direct procurement and export market linkages enabled participating farmers to realise higher returns than conventional market channels while promoting horticultural export diversification.
    July 31, 2026
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    Cross-border digital payment integration enables real-time Favara transfers from Maldives mobile banking applications to UPI-enabled accounts in India.
    Cross-border digital payment integration between Favara and UPI enables individuals in the Maldives to make real-time person-to-person transfers to UPI-enabled bank accounts in India through mobile banking applications. Transfers are initiated in Maldivian Rufiyaa and credited in Indian Rupees. The initial service is available through participating Maldivian banks. Permitted remittances include family-maintenance transfers under foreign inward and outward remittance categories, and gift-related transfers under foreign outward remittance. Future phases are intended to introduce QR-based merchant payments and other digital payment services.
    July 31, 2026
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    Procedural Fair Hearing in competition inquiries requires notice when the Commission departs from investigative findings before imposing action.
    Competition law procedure requires the Competition Commission to notify and hear an opposite party when departing from the Director General's findings. The penalty order concerning alleged abuse of dominance in viscose staple fibre supply was set aside because Grasim Industries was not given an opportunity to respond to the Commission's disagreement with the investigative findings. The matter was remanded for fresh, time-bound consideration without a finding on the merits.
    July 31, 2026
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    Manufacturing contraction highlights weak domestic demand, property-sector pressure and continued reliance on technology-related exports for economic growth.
    Manufacturing activity in China contracted in July, as the official purchasing managers' index fell below the expansion threshold and new orders and production declined. Weak domestic demand, lower building activity and possible typhoon-related disruptions contributed to the slowdown. Consumer spending, investment and property-sector weakness continue to affect confidence, while technology-related exports support growth. Policy commitments include strengthening domestic consumption amid continued reliance on exports.

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      La Trobe University Vice-Chancellor visits India to further strengthen ties and Celebrate Enduring Partnerships

      February 3, 2025

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      New Delhi, India, 3 January - La Trobe University [Australia] Vice-Chancellor Professor Theo Farrell visited India from 27 to 31 January 2025. This visit helped in further strengthening La Trobe’s close ties with Indian educational and research institutions and in celebrating enduring partnerships.

      • Prof Theo Farrell participates in a Panel Discussion @QS India Summit 2025, Goa • Celebrates 30th Anniversary of La Trobe’s partnership with Lady Shri Ram College for Women (LSR), Delhi • Panel participation at The PIE Live event in Delhi discussion Workforce trends, national education policy, and global collaboration in education • LaTrobe's partnerships with Indian Institutions viz. BIRAC and Bangalore Bioinnovation Centre for advancing research and innovation Professor Farrell said that La Trobe has a proud and longstanding history in India, partnering with higher education institutions and key industries on projects of benefit to both countries as well as joint educational initiatives, and that he looked forward to his third visit since starting at the University in February 2024. "I am delighted to have visited India again and deepened La Trobe's existing partnerships with esteemed Indian universities and industries, while forging new ones,” Professor Farrell said.

      “Our significant expertise in areas including bio-innovation, health and wellbeing, technology and sustainable food and agriculture are being utilised through our partnerships with prestigious institutions in India such as the Biotechnology Industry Research Assistance Council (BIRAC) and the Bangalore Bioinnovation Centre (BBC) with whom we are establishing Bio Innovation corridors to support the development of research and innovation.

      “Likewise, I am excited at the prospect of exploring further learning opportunities for students in India and in Australia via joint educational partnerships in India. Together, we can achieve remarkable milestones and contribute to the development of higher education in both countries." Professor Farrell participated in a panel discussion at the QS India Summit 2025 in Goa on Tuesday, 28 January, which was chaired by Dr Vidya Yeravdekar, Pro Chancellor of Symbiosis International University. Prof Farrell address the theme "Addressing Global Uncertainties: Building Resilient Educational Institutions”. The summit, hosted by the Ministry of Education, Government of India and SRM Institute of Science and Technology, which provided an important platform for discussing global challenges in higher education.

      Australia’s La Trobe University Celebrated 30th Anniversary of Indian Partnership La Trobe University Vice-Chancellor and President Professor Theo Farrell celebrated the enduring strength of the Australian institution’s 30-year partnership with Lady Shri Ram College for Women (LSR) during a visit in India today (31 January 2025).

      Professor Farrell, who was joined on his visit by Victorian Commissioner to South Asia Michelle Wade, met with LSR Principal Professor Suman Sharma at the school's South Delhi campus to recognise the significant 30th anniversary milestone.

      The partnership, one of La Trobe’s longest standing in India, enables the exchange of students between the two institutions, provides LSR staff with professional development opportunities at La Trobe and supports opportunities in research and innovation.

      Professor Farrell said La Trobe was proud of its continuing partnership with LSR as it aligned with the University’s goals to build inclusive communities, advance academic excellence and lead transformative change.

      “Lady Shri Ram College is one of the most highly respected and successful institutions in India and we value the relationship we have forged over the past 30 years,” Professor Farrell said.

      “What began in a modest meeting room at La Trobe University in 1995, has flourished into one of our University's most enduring and successful international partnerships.

      “We look forward to developing and growing our partnership over the coming years as the two institutions continue to support women from diverse backgrounds to become tomorrow’s leaders.” Professor Suman Sharma, Principal of Lady Shri Ram College for Women, extended a warm welcome to La Trobe’s Vice-Chancellor and President Professor Theo Farrell and Deputy Vice-Chancellor Future Growth, Dr Stacey Farraway, and gave special thanks to Victorian Commissioner Michelle Wade for joining them in celebrating thirty years of partnership with La Trobe University.

      “Commitment, integrity and exchange of knowledge besides students’ welfare is the hallmark of our partnership with La Trobe,” Professor Sharma said.

      “The long-standing partnership was renewed with fresh vigor in 2023. Among top universities which signed the bilateral Exchange Agreements, LSR was proud to be one of the Colleges which signed the Memorandum of Understanding (MoU) in presence of Hon’ble Minister of Education, Dharmendra Pradhan, Australian Education Minister Honourable Jason Clare, along with a senior delegation from the Education sector.

      “La Trobe’s former Vice-Chancellor, Professor John Dewar, and I signed the Agreements marking the partnership between LSR and La Trobe. Today as we celebrate three decades of collaboration and exchange, we extend our commitment in the forthcoming years to education and multiculturalism in a global world.” About Lady Shri Ram College for Women Lady Shri Ram College was founded in 1956 by Sir Shri Ram, in memory of his wife.

      It has grown from an initial 243 students and nine faculty members to become one of India's premier institutions for women's education.

      This growth mirrors the evolution of the La Trobe’s partnership, which has facilitated the exchange of 63 students - 31 inbound and 32 outbound participants - making LSR the University’s most sought-after Indian exchange destination.

      LSR’s mission is to empower women to assume leadership roles in a globalised, rapidly changing, technology-based nation and world.

      Among its distinguished alumni are CFO and Managing Director of the World Bank Group, Anshula Kant; the First Deputy Managing Director of the International Monetary Fund, Gita Gopinath; former Supreme Court of India Judge Indu Malhotra, filmmaker Deepa Mehta and Bollywood actress Aditi Rao Hydari.

      Today's partnership operates within the broader framework of La Trobe's agreement with Delhi University, reflecting the complex interconnections of international education.

      La Trobe University and India • La Trobe University is ranked in the top 1 per cent of Universities worldwide *Times Higher Education (THE), 2024, World University Rankings 2025; Consejo Superior de Investigaciones Científicas (CSIC), 2024, Ranking Web of Universities • The University has a proud record of educating students from India, with around 11,000 people born in India among our alumni.

      • La Trobe University is one of the founding members of the Australia India Institute.

      • The IIT Kanpur – La Trobe Research Academy was established in 2020.

      • Asian Smart Cities Research Innovation Network (ASCRIN), was founded by La Trobe in 2019 and is now its single largest research internationalisation initiative with joint investment of more than AUD $43 million (Rs 235 crores). It is a partnership designed to improve sustainability, liveability and efficiency of Asian cities. Partners in the network include Tata Institute of Social Science; the Indian Institute of Technology Kanpur (IIT-K) and Birla Institute of Technology and Science, Pilani (BITS-Pilani) which includes more than 250 researchers and over 70 joint-PhD projects.

      • In 2024, the University announced that it would be establishing a Bio Innovation Corridor with India’s Biotechnology Industry Research Assistance Council (BIRAC) and the Bangalore Bioinnovation Centre (BBC), to support the development of research and innovation.

      • Dignitaries La Trobe University has hosted from the Indian subcontinent include Prime Minister Mrs Indira Gandhi, Kapil Dev, Malaika Arora Khan, Amitabh Bachchan, Rajkumar Hirani, Abhijat Joshi and, most recently, actor, producer and women’s equality advocate, Shah Rukh Khan.

      • La Trobe offers the Shah Rukh Khan La Trobe University PhD Scholarship, providing a life-changing opportunity for an aspiring female researcher from India to make a meaningful impact in the world.

      • La Trobe University is one of only two universities in Australia teaching Hindi, and the only Australian University to teach a subject on the history, music, and storytelling of popular Hindi cinema.

      • The La Trobe Library collection houses more than 38,000 volumes of monographs, journals, magazines and government publications from India, one of the largest collections in Australia.

      • La Trobe has been a proud sponsor of the Indian Film Festival in Melbourne since it began in 2010.

      Media enquiries BUZZ Communications [India] Achal Paul – [email protected] Mob: +91 98101 62377 La Trobe University [Australia] media team: [email protected] | https://www.latrobe.edu.au/news/contact-us (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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