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    China's factory activity unexpectedly slips into contraction in July
    PM Modi to inaugurate Bhogapuram Airport on Aug 1 in Andhra Pradesh
    Rupee rises 20 paise to 95.30 against US dollar in early trade
    APEDA Facilitates First-Ever Sea Shipment of Value-Added Flavoured Makhana from Bihar to Canada
    Indian envoy meets Chinese commerce ministry official; Calls for enhanced market access
    ED attaches Rs 94 crore in foreign bank account in fraud case against Delhi-based rice firm
    Ensure uniform deposit rates across all branches: RBI tells banks
    PM takes stock of geo-political situation, safety of seafarers, supply chain constraints
    Delhi govt to provide property Aadhaar cards; bring Land Records Bill: CM Rekha Gupta
    CCS discusses global security situation, supply chain constraints
    US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high
    Gold rises Rs 1,000 to Rs 1.48 lakh/10g on fresh retail buying
    DFS Launches Protection & Indemnity Insurance Product under Bharat Maritime Insurance Pool (BMIP)
    Investec Selects Infosys Finacle SaaS Platform on Microsoft Azure for Digital Banking Transformation
    Kotak Securities Earns Great Place to Work® Certification and Recognition Among India's Best Workplaces™ in Investments 2026
    India rises from 82nd to 57th in global rankings, in structural and pro-competitive reforms: Report by Competere Foundation
    Aadhaar enrolment in Manipur has reached 87-88 pc: Officials
    IndoStar Capital Finance Limited Q1FY27 Disbursements ₹ 1,235 crore up 44% vis-à-vis Q1FY26
    Global gold demand flat at 1,269 tonnes in June quarter, says WGC
    MCD to launch 5-year PPP policy to modernise school stadiums, offer free sports coaching
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    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.
    July 31, 2026
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    Public-private partnership airport development strengthens aviation, cargo logistics, export infrastructure and sustainable connectivity through an integrated international airport project.
    The Bhogapuram airport project is being implemented under a Public-Private Partnership through the Design, Build, Finance, Operate and Transfer framework. It has obtained required aerodrome, safety, fire and environmental clearances and includes infrastructure for domestic and international aviation, passenger processing and airport security. Cargo and cold-chain facilities are intended to support exports and logistics integration, while recycled-water use and LEED Platinum standards form part of the project's sustainability features.
    July 31, 2026
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    Rupee appreciation against the US dollar continued as foreign inflows and lower crude prices supported domestic currency markets.
    Rupee appreciation against the US dollar continued in early trading, supported by foreign capital inflows and lower global crude oil prices. A stronger US dollar constrained further appreciation, while expectations of continued Reserve Bank of India intervention were cited as supporting the rupee. Declining Brent crude prices, gains in domestic equity indices and net foreign institutional investment in equities were also identified as relevant market factors.
    July 31, 2026
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    Value-added Makhana exports expand international market access, support quality compliance, and improve farmer returns through processing and branding.
    Agricultural export facilitation supported the first sea shipment of value-added flavoured Makhana from Bihar to Canada. Processed and packaged to international quality and food-safety standards, the export demonstrates the role of processing, value addition and export-oriented manufacturing in expanding overseas market access. The initiative is stated to improve farmer returns through value addition, while capacity building, export infrastructure, quality compliance, market linkages and stakeholder collaboration support the agri-export ecosystem.
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
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    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.

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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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