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    No guidelines to regulate online astrology platforms: Consumer affairs department to CIC
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August 3, 2026
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Online Astrology Platform Regulation: consumer department reported no guidelines, while information requests required revised factual disclosures.
Online astrology platforms were reported as lacking specific regulatory guidelines within the consumer affairs department. The RTI application sought information on alleged unfair trade practices, investigations, complaints, licences, approvals, and applicable rules. The National Consumer Helpline stated that it had not investigated because it functions as a grievance-resolution platform. A revised factual response was required on investigations and complaint data, while queries concerning regulation, licences, approvals, and related investigations were to be transferred to the public authorities likely to hold that information.
August 3, 2026
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Business combination disclosure outlines shareholder approval, registration requirements, financing conditions, and forward-looking risks for the proposed public listing.
The proposed business combination would take Yellow.ai public through a definitive agreement with Bluerock Acquisition Corp., subject to customary closing conditions and shareholder approval. Bluerock intends to file a Form S-4 registration statement containing a proxy statement/prospectus for proxy solicitation and securities issuance in connection with the transaction. The communication is not an offer or solicitation and states that no securities offering may occur without compliance with applicable registration, qualification or exemption requirements. Transaction projections and anticipated benefits are forward-looking statements subject to material risks and uncertainties.
August 3, 2026
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Bilateral investment and trade facilitation drive proposed co-investment, digital cooperation and advanced manufacturing partnerships between Indian and Uzbek businesses.
India-Uzbekistan cooperation is proposed through co-investment, co-manufacturing and co-innovation, supported by the Bilateral Investment Treaty to promote investor confidence and reciprocal investment. Priority sectors include mining, textiles, healthcare, agriculture, food processing, digital technologies and advanced manufacturing. Trade facilitation measures include reducing trade barriers, mutual recognition of standards, approvals, testing and certification, customs digitalisation and improved trade routes. Regulators and standard-setting bodies are expected to cooperate under a structured, time-bound economic partnership.
August 3, 2026
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Concessional agricultural credit supports working capital, crop diversification, allied activities, and digital expansion under the Kisan Credit Card scheme.
The Kisan Credit Card-Modified Interest Subvention Scheme provides concessional institutional credit to reduce farmers' interest burdens and improve timely working-capital access. The scheme is reported to support cropping intensity, multi-season cultivation, diversified crop portfolios, timely input use, and credit discipline through the Prompt Repayment Incentive. It also supports dairy, livestock, and fisheries-based income diversification. Credit-delivery measures include collateral-free lending, digital platforms, simplified applications, coverage expansion, and awareness campaigns. State-wise data tracks operative accounts, outstanding credit, and non-performing Kisan Credit Card accounts.
August 3, 2026
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Banking inclusion expands rural access while digital credit systems and payment security controls address service delivery and cyber fraud.
Banking inclusion is pursued by providing banking outlets within a five-kilometre radius of inhabited villages, with branch expansion permitted subject to rural-coverage requirements and continuing assessment of uncovered areas. Agricultural credit delivery uses digital loan, beneficiary-verification, processing and claim-settlement systems. Digital payment security measures require minimum controls for payment channels and include fraud-intelligence sharing, artificial-intelligence-based identification of money-mule activity, digital lending-app analysis, cyber-incident reporting, public awareness campaigns and electronic-banking training.
August 3, 2026
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Foreign exchange market movement strengthened the rupee as lower crude prices, investment inflows and improved risk sentiment provided support.
Foreign exchange market movement saw the rupee strengthen for a sixth consecutive trading session against the US dollar, supported by declining global crude oil prices, a softer dollar, foreign institutional investment inflows and gains in domestic equity markets. Improved global risk sentiment followed the decision to defer planned US military strikes against Iran and allow diplomatic engagement. Renewed geopolitical tensions were identified as a factor that could limit further appreciation.
August 3, 2026
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Quarterly financial performance reflects revenue growth, improved standalone profitability, and continued investment in AI-led digital technology platforms.
Quarterly financial performance reported revenue growth in standalone and consolidated operations, higher standalone profit before tax, and a return to consolidated profitability. The company continues to invest in an AI-led, intellectual-property-driven digital technology strategy through enterprise software, SaaS platforms, digital commerce, cloud, data and AI solutions. Its priorities include scalable platforms, proprietary technology assets, recurring-revenue offerings, partnerships and selective acquisitions. Complete financial results, notes to accounts and regulatory disclosures are available through exchange filings and the company website.
August 3, 2026
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MSME delayed-payment reforms strengthen award recovery, faster dispute adjudication, invoice discounting, and interim supplier payment protection.
MSME delayed-payment reforms seek faster adjudication, strengthened recovery and improved liquidity for enterprise suppliers. Courts may direct payment of at least half of an awarded amount where a setting-aside application remains pending beyond six months. Mediated settlements and arbitral awards may be recovered as arrears of land revenue and recognised as legally enforceable debts under the insolvency framework. The measures also provide graded penalties, voluntary digital registration, invoice settlement through the Trade Receivables Discounting System, and additional Facilitation Councils.
August 3, 2026
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Monetary policy rate setting remains cautious as inflation, liquidity, growth and global uncertainty shape the policy stance.
Monetary policy rate setting is expected to remain cautious amid global uncertainty, rising inflation risks and steady domestic growth. The inflation outlook is affected by energy-price pass-through, higher input costs, and seasonal and monsoon-related food-price pressures. Policy decisions are expected to remain data-dependent, guided primarily by domestic inflation, liquidity conditions and economic growth. A cautious or neutral stance is identified as preferable while external risks and inflation developments persist.
August 3, 2026
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Forward-looking financial disclosure raises revenue and earnings guidance while describing non-GAAP measures, capital allocation, and material business risks.
Financial performance reporting identifies increased bookings, revenue growth, continuing earnings, and backlog, with segment-level operating and margin measures. The release addresses cash flow, capital allocation through dividends, acquisitions and share repurchases, and increased full-year revenue and earnings guidance. Forward-looking statements concerning financial performance, operations, demand, liquidity and capital deployment are subject to identified risks and uncertainties. Non-GAAP measures are presented as supplemental to GAAP measures, with definitions and reconciliations stated to be available in accompanying materials.
August 3, 2026
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Counterfeit drug enforcement targets illicit manufacture, storage and trafficking networks, with coordinated seizures and referral of non-narcotic stock.
Counterfeit-drug enforcement under Operation Vajra addressed an inter-state network involved in the illicit manufacture, storage and distribution of narcotic drugs, psychotropic substances and spurious pharmaceutical products. Searches of unregistered godowns recovered narcotic products, unauthorisedly manufactured Buprenorphine injection ampoules, and counterfeit non-NDPS medicines. A farmhouse-based illicit manufacturing facility was dismantled, with machinery, chemicals and related materials seized under the NDPS Act, 1985.
August 3, 2026
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Anti-smuggling enforcement targets concealed gold, narcotics, protected products, prohibited e-cigarettes and restricted imports through coordinated intelligence operations.
Intelligence-led anti-smuggling operations resulted in seizures of foreign-origin gold, narcotic drugs, hydroponic weed, protected wildlife and forest products, prohibited electronic cigarettes, and restricted poppy seeds and areca nuts. The operations identified concealment through fabricated baggage cavities, false cargo declarations, misdeclaration of origin, forged documentation, and concealment in transport vehicles. Poppy seeds are restricted under the Foreign Trade Policy and may be imported only subject to conditions concerning legally cultivated produce from designated countries and registration of import contracts with the Narcotics Commissioner.
August 3, 2026
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Tax devolution advance instalment strengthens State finances for accelerated capital and developmental expenditure through distribution of Union tax proceeds.
Tax devolution was released to State Governments as an additional advance instalment alongside the normal monthly devolution schedule. The fiscal transfer shares net proceeds of Union taxes and duties with States, with the stated purpose of strengthening State finances and supporting accelerated capital and developmental expenditure. The release includes a State-wise distribution of tax-devolution proceeds.
August 3, 2026
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Financial performance reporting highlights revenue and EBITDA growth, garmenting recovery, retail optimisation, ESG commitments, and forward-looking risk disclosures.
Financial performance reflects growth in total income and EBITDA, with improved margin, reduced net working-capital days, and a net-cash position. Branded textiles and high-value cotton shirting reported lower revenue due to the prior-year base effect, while branded apparel grew but faced lower margin from channel mix. Garmenting improved through order-book execution, tariff rationalisation, and new global clients. ESG priorities include female representation, waste-management initiatives, renewable energy, emissions reduction, and workplace safety. Forward-looking statements remain subject to regulatory, political, economic, and technological risks.
August 3, 2026
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Foreign exchange market support strengthens the rupee as lower crude prices, portfolio inflows and reserve growth improve sentiment.
Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar, attributed to lower global crude oil prices, a weaker dollar, sustained foreign portfolio inflows, higher foreign exchange reserves, and Reserve Bank of India presence in the foreign exchange market. Domestic equity market gains and net foreign institutional equity purchases were also identified as supporting factors.
August 2, 2026
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Gold smuggling detection targets sophisticated concealment methods through strengthened passenger profiling, intelligence gathering and coordinated investigations into organised networks.
Gold smuggling detection at Kerala airports led to multiple seizures, registration of cases and arrests in alleged smuggling attempts. Organised networks reportedly use gold in paste or compound forms concealed in clothing, body cavities, aircraft seats and other unconventional locations. Enforcement measures include strengthened passenger profiling, intelligence gathering and inter-agency coordination, while investigations continue to identify associated syndicates and financiers.
August 2, 2026
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Offshore exploration funding supports deepwater drilling, shared infrastructure and seismic data to strengthen domestic hydrocarbon production potential.
The Samudra Manthan National Offshore Exploration Scheme provides direct budgetary support for high-risk deepwater and ultra-deepwater exploratory drilling, subject to cost-sharing and per-well limits. Support is available to eligible operators holding or securing exploration acreage. The scheme also funds offshore data acquisition and shared subsea, receipt and processing infrastructure through a Common Hub Infrastructure model. It is intended to promote risk exploration, improve commercialisation of offshore discoveries and strengthen domestic hydrocarbon production potential within the existing exploration and licensing framework.
August 1, 2026
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GST compliance enforcement combines taxpayer refunds, analytics-based fraud detection, cancellation of fake registrations, and recovery of outstanding VAT arrears.
Punjab attributed increased GST collections to voluntary compliance, intelligence-based enforcement and technology-driven tax administration, while facilitating compliant taxpayers through timely GST refunds. Data analytics, risk profiling and field verification were used to identify tax evasion, bogus billing, fake input tax credit networks and misuse of the GST registration framework. Measures included penalties, cancellation of fraudulent registrations and recovery of long-pending VAT arrears through attachment and auction of defaulters' properties.
August 1, 2026
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Cross-border barter trade resumes through Shipki La, subject to permitted goods, time limits, and import-export compliance requirements.
Cross-border barter trade through Shipki La between India and Tibet resumed after a six-year interruption. Traders may exchange specified goods under a barter arrangement and must return within 72 hours. Traders are required to comply strictly with import-export regulations prescribed by the Union Ministry of Commerce, emphasising transparency and regulatory compliance. Expansion of permitted goods may be pursued through prescribed governmental and external-affairs channels.
August 1, 2026
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Export growth projections outline pathways for Odisha to expand merchandise trade through export diversification, MSME support and financing initiatives.
Export growth projections for Odisha set out base, optimistic and ambitious scenarios through FY 2029-30, based respectively on historical growth, envisaged national export growth, and a larger share of national exports. Odisha's export basket remains concentrated in metals and minerals, led by aluminium products, with China as the principal export destination. Odisha Vision 2047 identifies exports, including MSME contributions, as an economic transformation driver, while export-financing and risk-mitigation initiatives aim to address financing gaps for exporters and MSMEs.

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Rajasthan Budget focuses on jobs, water supply; commits to make state USD 350-bn economy by 2030

February 19, 2025

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Jaipur, Feb 19 (PTI) Recruitment for up to 2.75 lakh positions in the government and private sector, water supply projects, and the construction of nine greenfield expressways were the highlights of the Rajasthan Budget 2025-26 presented by state Finance Minister Diya Kumari in the assembly on Wednesday.

While presenting the Rs 5.37-lakh crore Budget, Kumari, who is also the Deputy Chief Minister of the state, announced that 20 lakh new houses will be provided with drinking water connections and Rs 400 crore will be spent for this purpose.

"We are committed to creating a USD 350 billion economy by 2030... We have increased capital expenditure by more than 40 per cent in a short period and have constructed more than 9,600 km of new roads and upgraded more than 13,000 km of roads," Kumari said.

Calling this the state's first "green Budget", Kumari said special focus will be given on climate change adoption, forest and environment, sustainable agriculture, water harvesting, recycling and waste disposal, circular economy, and capacity building.

"Under the leadership of Chief Minister Bhajanlal Sharma, the GDP, indicating the development of the state, is estimated to increase to more than Rs 19,89,000 crore in 2025-26," she said.

Kumari announced recruitment for 1.25 lakh posts in government departments and state undertakings and 1.50 lakh private sector jobs in the coming year.

In the speech, the finance minister said under the guidance of Prime Minister Narendra Modi, the state government has proved the trust expressed by the public was right by setting new records of development in the state in the first year of its tenure itself.

She said the state government will construct nine greenfield expressways at a cost of Rs 60,000 crore.

For the energy sector, she announced 50,000 new agriculture connections and 5 lakh domestic connections, abolition of banking with other states at high rates, solar plants, and 150 units of free electricity per month to beneficiaries under the CM Free electricity scheme.

An allocation of Rs 10 crore was made for work of non-patchable roads in each assembly constituencies and Rs 15 crore in constituencies under desert region, Rs 50 crore for detailed project report of ring roads in 15 cities, Rs 250 crore for traffic improvement work in Jaipur, Jaipur metro work from Sitapura industrial area to Ambabari and Vidhyadhar Nagar, DPR for Jaipur metro extension to Jagatpura and Vaishali Nagar.

A fund of Rs 150 crore was announced under the CM Thar region development programme, installation of 50,000 street lights in all cities of the state.

She announced global capacity centre policy for investment in the service sector, Rajasthan trade promotion policy for trading sector, development of 10 sites as iconic tourist destinations.

Kumari said Rs 100 crore will be spent to promote night tourism, Rs 100 crore for Tribal Tourist Circuit covering Tripura Sundari temple, Mangarh Dham, Beneshwar Dham and other temples, and Govind Devji Kala Mahotsav to mark 300 years of foundation of Jaipur.

She said "Vaidik Gurukul" and "Vaidik Tourism Centres" will be established in Jaipur, Jodhpur, and Udaipur, and "Yuva Sathi Kendra" in Kota, Jodhpur, Jaipur and Sikar to address the issues of suicides and stress among students.

'MAA' fund of Rs 3,500 crore was announced for free diagnosis and medicines to people, establishment of ultra-advanced burns care units at divisional headquarters, "zero accident zones" on Delhi-Jaipur, Jaipur-Agra, and Jaipur-Kota highways.

She said the monthly social security pension for the elderly, widow/single woman, differently abled people, and small and marginal farmers will be increased to Rs 1,250 from Rs 1,200.

Other Budget announcements included the establishment of a Centre for Cyber Control and war room at Rs 350 crore, and a hike in PM Kisan Samman Nidhi as well as the bonus per quintal on MSP on wheat.

The finance minister said the state government has delivered 58 per cent of its promises made in the election manifesto and has fulfilled 73 per cent of the previous Budget announcements.

In the Budget 2025-26, estimated revenue receipts were pegged at Rs 2.94 lakh crore, estimated revenue expenditure Rs 3.25 lakh crore and estimated revenue deficit Rs 31,009 crore. The estimated fiscal deficit was Rs 84,643 crore, or 4.25 per cent of the gross state domestic product (GSDP).

Addressing a post-Budget press conference, Chief Minister Bhajanlal Sharma said the Budget will ensure development of the state.

"We have taken a step forward toward making Rajasthan a developed state by 2047 by focusing on green growth," the CM said.

The leader of opposition, Tikaram Jully, however, said the Budget was "only going to put the burden of debt on the people of Rajasthan".

He said the financial management of the state government has completely failed.

"In the last Budget, it was estimated that there would be revenue receipts of about Rs 2.65 lakh crore, but this target could not be met and only Rs 2.62 lakh crore have been made," he told reporters after the Budget presentation.

"The biggest challenge facing the common man today is inflation. We expected some announcement to reduce inflation but nothing happened," he said.

"Our (former Congress) government had given an inflation relief package of Rs 19,000 crore in the Budget 2023-24, but today the word inflation did not come in the entire speech." Before the beginning of the Budget speech, Rajasthan Speaker Vasudev Devnani said the government will respond to issues raised by the Opposition after the Zero Hour on February 20.

Opposition Congress is demanding the government's response to the allegations of phone-tapping levelled by Cabinet Minister Kirodi Lal Meena.

The Budget session of the Rajasthan Legislative Assembly began on January 31, with the address of Governor Haribhau Bagde. PTI AG SDA TRB

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