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    APEDA Facilitates First-Ever Export of GI-tagged Mithila Makhana by Sea Route from Bihar to Australia
    Government signs strategic MoUs with key industry leaders and ecosystems to strengthen support to StartUps
    No Charges for UPI Users
    Competition Commission of India (CCI) hosts BRICS Heads of Competition Authorities 2026 meeting
    ICoAS fraternity reaffirms commitment to cost optimisation for Atmanirbhar Bharat on ICoAS day 2026
    Govt to introduce bill in Lok Sabha to broaden NCDC's mandate for co-operative sector growth
    AAP govt indulged in large-scale financial irregularities, caused losses to exchequer: Delhi minister
    ED files chargesheets in 2 PMLA cases against Anil Ambani Group companies, ex-executives
    RJD criticises UDF govt's move not to disburse pensions through cooperative banks
    Raymond Limited reports a healthy Q1 FY27 performance
    Why Most People Choose the Wrong Savings Account And How Not to Be One of Them
    RBI has proactively helped UCBs; cooperatives should look at regulator differently: Shah
    Ministry of Agriculture, Food and Rural Affairs and aT Host '2026 K-Food Fair in New Delhi, India'
    No compromise on tackling illegal immigrants' issue: Minister Priyank Kharge
    Technology, transparency key for urban cooperative banks to stay competitive: Shah
    Paul Merchants Gets RBI Approval for Perpetual AD Category-II Licence Under Revised FEMA Framework
    IEPFA Organises Stakeholder Engagement with Nodal Officers of Companies on Integrated IEPFA Portal 2.0
    Rupee settles with 5 paise gain at 95.17 against US dollar
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    August 10, 2026
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    GI-tagged Mithila Makhana export facilitation expands sea-route market access while supporting quality compliance and farmer-linked value chains.
    Export facilitation for GI-tagged Mithila Makhana enabled the first commercial sea-route shipment from Bihar to Australia. APEDA, in association with the Bihar agriculture department, supported market access, coordination, capacity building and stakeholder engagement. The export model is intended to improve farmer price realisation, require adherence to global quality standards, and strengthen growers, processors and exporters. A separate HS Code for Makhana has taken effect under the Finance Bill, 2025, supporting product-specific trade classification.
    August 10, 2026
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    Startup ecosystem support expands through digital payments, cloud access, AI innovation, investment readiness, governance support and global market programmes.
    DPIIT has entered into strategic MoUs to support DPIIT-recognised startups through payment infrastructure, entrepreneurship development, cloud technology, mobility innovation, investment readiness and global-market access. Eligible startups may receive payment and cloud support, technical training, mentorship, startup formalisation assistance, market and investor connections, AI and mobility enablement, and programmes addressing governance, financial readiness, compliance and international expansion. The collaborations promote innovation across digital payments, clean energy, artificial intelligence, climate technology, advanced manufacturing, mobility and automotive technology.
    August 10, 2026
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    UPI transaction charges remain unavailable for consumers and person-to-person payments, while limited threshold-based merchant MDR may be considered.
    Proposed amendment of section 10A of the Payment and Settlement Systems Act, 2007 is intended to support UPI sustainability, technological advancement and resilience. Consumer payments and person-to-person transactions are to remain free. Any future merchant discount rate would apply only to limited merchant transactions above a threshold, at a nominal rate, while most merchant transactions remain free. The framework supports investment in cybersecurity, fraud prevention and infrastructure, alongside a self-sustaining and inclusive digital-payment ecosystem.
    August 10, 2026
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    Fair competition cooperation in renewable energy markets advances knowledge-sharing and evidence-based enforcement across interconnected digital and energy markets.
    BRICS competition authorities adopted a Joint Statement strengthening cooperation to promote fair competition, including in renewable energy markets. Cooperation focuses on dialogue, knowledge-sharing and consideration of cross-border competition challenges in digital markets, emerging technologies and the energy transition. Competition enforcement is to remain principled and evidence-based, supporting efficiency, consumer welfare, innovation and merit-based competition. A collaborative renewable-energy competition study identified evolving market dynamics and areas for future cooperation.
    August 10, 2026
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    Cost optimisation in public finance strengthens investment decisions, risk allocation, indigenous manufacturing and value-driven government expenditure through specialised financial expertise.
    ICoAS cost optimisation supports public financial management through prudent resource utilisation, financial oversight and improved cost management across government. Its role includes supporting indigenous manufacturing, better investment decisions, efficient public expenditure and maximum value for public spending. With greater private-sector participation and Public-Private Partnerships, ICoAS officers are expected to promote cost efficiency, appropriate risk allocation and sound project structuring. Capacity building emphasises integrity, financial modelling, data visualisation, analytical frameworks and artificial intelligence for improved public-finance management.
    August 9, 2026
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    Co-operative development financing would expand through direct assistance, share-capital participation and wider operational powers for sectoral support.
    National Cooperative Development Corporation (Amendment) Bill, 2026 proposes to broaden the Corporation's mandate to promote co-operative development. It would permit direct loans and grants to co-operative societies and other entities engaged in co-operative development, where funds are used for co-operative purposes. With Central Government approval, the Corporation could participate in the share capital of such entities. The proposals also expand the meaning of foodstuffs, remove geographical restrictions for industrial-goods assistance, and provide additional functional powers.
    August 9, 2026
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    GST compliance failures and electricity subsidy controls raise allegations of financial irregularities and potential losses to the public exchequer.
    Allegations based on a Comptroller and Auditor General report identified purported GST compliance failures involving outstanding tax liabilities, e-way bills generated after cancellation of GST registrations, limited bill scrutiny, non-compliance, and turnover mismatches. The allegations also concerned electricity subsidies extended to consumers with prolonged zero bills or apparent non-residence, presenting these issues as possible financial irregularities and losses to the public exchequer.
    August 9, 2026
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    Money-laundering prosecution complaints allege fund diversion through shell entities, credit-facility evergreening, layered transactions and fictitious project expenditure.
    Money-laundering prosecution complaints allege that funds from toll-road projects and credit facilities were diverted through group companies, contractors, shell entities and conduit accounts. In the toll-road matter, allegedly sham or back-dated subcontracting arrangements and subsequent documentation were used to portray transfers as genuine project expenditure. In the credit-facilities matter, fresh facilities were allegedly used to repay, rotate and evergreen earlier liabilities rather than for sanctioned end-use, with funds layered and presented as legitimate business expenditure or receipts. Attached assets are sought to be confiscated as alleged proceeds of crime.
    August 9, 2026
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    Direct Benefit Transfer pension disbursement replaces cooperative-bank doorstep delivery, while preserving home payments for beneficiaries unable to use bank accounts.
    Direct Benefit Transfer of social security and welfare pensions to Aadhaar-linked bank accounts is intended to replace cooperative-bank doorstep delivery, except for bedridden and similarly situated beneficiaries. The change addresses delays in remitting undistributed pensions, deficient record updates and reconciliation, duplicate payments, delivery incentives, and compliance with Direct Benefit Transfer norms. Criticism focuses on beneficiary access to linked commercial-bank accounts, possible minimum-balance deductions, exclusion of cooperative banks, and the effect on doorstep-delivery workers.
    August 8, 2026
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    Engineering business growth supported Raymond's first-quarter performance, with export expansion, capacity investment and net-debt-free financial flexibility.
    Raymond Limited reported unaudited first-quarter FY27 growth in total income, EBITDA and profit before tax before exceptional items, while remaining net-debt-free with a net cash surplus. Its Engineering business comprises Precision Technology & Auto Components and Aerospace & Defence. Growth in the former was attributed to export expansion, operating leverage, product mix and cost reductions. Aerospace & Defence growth was linked to production for global OEMs, portfolio expansion and increased capacity, although margins were affected by targeted research and development investment. Forward-looking statements remain subject to regulatory, political, economic and technological risks.
    August 8, 2026
    Show AI Summary
    Savings account selection requires comparison of effective interest, fees, digital service, access, and individual banking needs.
    Savings-account selection should compare effective interest returns under slab-based rates, recurring operating charges and the customer's actual banking needs. Net value depends not only on advertised rates but also on relevant minimum-balance, card, ATM, alert and transfer fees. Digital reliability, customer support, branch availability and ATM access should be assessed according to the customer's average balance, cash use, transfer frequency, travel patterns and need for in-person assistance. The suitable account is one that matches real banking behaviour.
    August 8, 2026
    Show AI Summary
    Urban cooperative bank regulation promotes licensing, governance, compliance support and cybersecurity measures to strengthen stability and depositor confidence.
    Urban cooperative banks are encouraged to recognise regulatory support through liberalised branch opening, doorstep banking, demand drafts, life certificates, dedicated regulatory coordination, enhanced gold-loan limits, one-time settlements and progress towards on-tap licensing. Sound governance is material to sectoral stability, while small-borrower lending is presented as a comparatively safe lending segment. The umbrella body can support member banks through technical expertise, compliance assistance, cybersecurity solutions and participation in a security operations centre to strengthen depositor confidence.
    August 8, 2026
    Show AI Summary
    Korean food export promotion combines buyer consultations, regulatory guidance and consumer experiences to support entry into Indian and South Asian markets.
    Korean food export promotion in India and South Asia combined business consultations with consumer-facing activities. Individual meetings connected Korean exporters with regional buyers and generated memoranda of understanding for products including frozen gimbap, ginseng wine and kombucha. Exporters received on-site guidance concerning non-tariff barriers, including food import customs clearance and certification requirements. Preparatory online sessions addressed import procedures, regulatory matters and consumer trends, while consumer events promoted Korean food through tasting, retail and experiential activities.
    August 8, 2026
    Show AI Summary
    Illegal immigration enforcement prioritises dismantling entry, documentation and employment networks while requiring citizens to report information through police channels.
    Illegal immigration enforcement involves continuous identification and verification operations, coordination with relevant officials, and confidential investigation of networks facilitating entry, identity documentation, accommodation and employment. Enquiries extend to intermediaries, contractors, Aadhaar procurement and verification practices, rather than focusing only on apprehended individuals. Citizen vigilantism, moral policing and social-media targeting of suspected migrants are discouraged because they may compromise investigations; information should instead be given through proper police channels.
    August 8, 2026
    Show AI Summary
    Technology, transparency and governance strengthen urban cooperative banks through modern customer services, depositor protection and cooperative-sector support.
    Technology adoption, transparency, sound governance and modern customer services are identified as necessary for urban cooperative banks to remain competitive. Banks are encouraged to join the sector's umbrella organisation and self-regulatory body, which provides capital, information-technology infrastructure and liquidity support. Protection of depositors' money remains a regulatory responsibility, while banks are expected to improve governance, train staff, adopt technology and enhance customer-centric services. Customer prosperity and reduced perception gaps between the central bank and urban cooperative banks are emphasised as measures to strengthen the sector.
    August 8, 2026
    Show AI Summary
    Authorised Dealer Category-II licensing expands permissible FEMA current account and foreign trade transaction services for cross-border payment customers.
    An Authorised Dealer Category-II approval under the Foreign Exchange Management (Authorised Persons) Regulations, 2026 enables Paul Merchants to undertake additional permissible non-trade current account transactions under FEMA, excluding gifts and donations, and foreign trade transactions within the applicable per-transaction limit. The approval supports foreign exchange and cross-border payment services, including overseas remittances for education, medical treatment, travel, and conference or event participation.
    August 8, 2026
    Show AI Summary
    Integrated investor claim portal modernisation advances digital KYC, streamlined verification, stakeholder-informed safeguards, and efficient investor claim settlement services.
    Integrated IEPFA Portal 2.0 is proposed to modernise investor claim processing through digital KYC, pre-filled Form IEPF-5, entitlement search, and a simplified e-Verification Report filing workflow. Stakeholder feedback included Aadhaar eKYC address validation, KYC for authorised representatives, entitlement-letter validation checks, bulk DSC and eSign functionality, integration of approved IEPF Form-4 data, lower-value share valuation using NSE and BSE data, and alerts for frequent address changes to prevent fraud.
    August 7, 2026
    Show AI Summary
    Foreign capital inflows supported the rupee despite geopolitical uncertainty, oil-price pressures, and volatile global market sentiment.
    Foreign capital inflows supported a marginal strengthening of the rupee against the US dollar despite global risk aversion arising from uncertainty surrounding negotiations affecting the Strait of Hormuz. Higher crude oil prices and weak domestic equity sentiment remained relevant pressures. Near-term currency movement was expected to depend on developments in the negotiations, weekend decisions, US employment data, the dollar index, crude oil prices, and the reported increase in foreign exchange reserves.
    August 7, 2026
    Show AI Summary
    Energy security through diversified sourcing protected fuel supplies during Hormuz disruption and supports domestic exploration and alternative fuels.
    Energy security measures based on diversified crude oil and LPG sourcing, expanded infrastructure, increased domestic LPG production and alternative fuels were presented as maintaining fuel availability during disruption of shipping through the Strait of Hormuz. Domestic resilience is also linked to support for private deep-water oil and gas exploration, opening offshore acreage, and expansion of compressed biogas and ethanol blending. Ethanol-blended petrol testing identified limited contamination instances rather than a systemic issue, while excise duty reductions were described as cushioning consumers against global fuel-price volatility.
    August 7, 2026
    Show AI Summary
    Credit valuation adjustment framework revises derivative capital requirements through flexible basic approaches, hedge recognition, and risk-sensitive counterparty treatment.
    Credit Valuation Adjustment framework revisions align CVA capital treatment with final Basel III standards. Eligible banks may use the full or reduced basic approach, while banks with an insignificant volume of non-centrally cleared derivatives may calculate their CVA capital charge at 100 per cent of the counterparty credit risk capital charge. The draft also clarifies CVA hedge recognition, introduces risk weights sensitive to sector and credit quality, and separates systematic and idiosyncratic CVA risk in the full basic approach.

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      Dosti Realty’s Dosti Greenscapes Enhances Resident Well-being with Exclusive Sports and Yoga Partnerships

      February 27, 2025

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      Pune, 27 February 2025 – Dosti Realty, known for its dedication to delivering excellence in real estate, is taking its commitment to the next level with a visionary approach at Dosti Greenscapes at Upper Camp, Pune. By forging strategic partnerships with the Karna Mehta Basketball Academy (KMBA) and the Shriyog Institute of Iyengar Yoga, Dosti Realty is creating not just homes, but a vibrant, holistic community designed to nurture physical, mental and emotional well-being.

      With a deep understanding of the evolving needs of modern homebuyers, Dosti Realty recognizes that today’s residents seek more than just a place to live – they desire a community that enriches their lifestyle. By integrating wellness and sports into Dosti Greenscapes, Dosti Realty is ensuring that its residents can live life to the fullest, creating a sense of belonging and well-being. The tagline “Friends for Life” reflects this philosophy, as Dosti Realty is dedicated to fostering lifelong connections, both within the community and beyond.

      Dosti Realty has partnered with the Shriyog Institute of Iyengar Yoga, a renowned yoga institute under the leadership of Smt. Rajeshree Tupe, a senior Iyengar yoga teacher trained under the legendary Guruji BKS Iyengar. The institute offers a holistic wellness approach that blends Iyengar Yoga, Ayurveda, Indian philosophy, and the arts. Shriyog’s expertly designed programs promote balance in body, mind, and spirit, making wellness an accessible and integral part of everyday life for people of all ages and skill levels. Through this partnership, Dosti Greenscapes’ residents will have the opportunity to embrace mindfulness, relaxation, and well-being as central elements of their lifestyle.

      Simultaneously, the collaboration with Karna Mehta Basketball Academy, founded by the distinguished Indian basketball player Karna Mehta, aims to provide residents of Dosti Greenscapes with world-class basketball training. With a focus on building strong fundamentals, advanced techniques, and fostering mental resilience, KMBA's structured programs will elevate the skills and physical fitness of aspiring athletes within the community. Karna Mehta, who has represented India at the Asian Basketball Championships, is passionate about raising the standard of Indian basketball to global levels, and this partnership will ensure that residents receive top-tier coaching in a competitive environment.

      “We believe that today’s homebuyers seek more than just a place to live – they seek a community that nurtures their overall lifestyle,” said Anuj Goradia, Director of Dosti Realty. “Our partnerships with Karna Mehta Basketball Academy and Shriyog Institute of Iyengar Yoga are designed to meet this need, providing both physical fitness and mental wellness. Basketball fosters teamwork and health, while yoga promotes mindfulness and relaxation. Together, they create a balanced, holistic lifestyle that resonates with the evolving needs of modern residents.” Rajeshree Tupe ji, Founder of Shriyog Institute of Iyengar Yoga comments, "Well-being is not just about movement and exercises, it is also about transformation. Our mission at Shriyog is to uplift and transform lives through safe, effective, and sustainable yoga practices. Our partnership with Dosti Greenscapes in Pune extends this mission, ensuring that well-being becomes an effortless and sustainable part of daily living." Mr Karna Mehta, Founder of Karna Mehta Basketball Academy said, "Basketball is more than just a sport—it’s a powerful tool for building character, teamwork, and resilience. At Karna Mehta Basketball Academy, we’re excited to bring this spirit to Dosti Greenscapes in Pune, creating an environment where players of all levels can grow, compete, and thrive." Mr Pavit Singh, Ileseum Clubs, Founder and Partner of Ileseum Sports and Clubs LLP comments, “The influence of lifestyle extends beyond real estate—it shapes communities and enriches lives. This philosophy drives our continued partnership with Dosti Realty, and we are proud to be the lifestyle delivery partners for the third time, bringing exceptional experiences, happier and healthier lifestyles to the residents of Dosti Greenscapes in Pune.” Dosti Greenscapes is a meticulously designed residential community offering 2, 3, and 4 BHK homes, ranging from 680 sq. ft. to 1395 sq. ft. Crafted with superior quality and attention to detail, each home is designed to deliver an elevated living experience. The development is not only luxurious but also tech-friendly, with seamless Wi-Fi connectivity at various points across the development, ensuring that residents stay connected in today’s digital age. Emphasizing sustainability, Dosti Greenscapes incorporates eco-friendly features that reduce environmental impact, making it a forward-thinking development for the environmentally conscious homebuyer. Residents will also enjoy a range of world-class amenities, including two grand clubhouses, a state-of-the-art gymnasium, a refreshing swimming pool, lush landscaped gardens, a secure children’s play area and much more. Every aspect of Dosti Greenscapes has been thoughtfully designed to blend modern living with comfort, convenience and a commitment to a greener, smarter future.

      Strategically located in Upper Camp, just 2 km from Magarpatta City, Dosti Greenscapes offers seamless connectivity to key infrastructure such as educational institutions, healthcare centres, commercial hubs, and entertainment zones. With easy access to major highways, the railway station, Pune Airport, and upcoming infrastructural developments, Dosti Greenscapes is an ideal destination for homebuyers and investors.

      With its focus on sports, wellness, and a sense of community, Dosti Realty continues to set new standards in residential living. At Dosti Greenscapes, residents are more than just neighbours – they are Friends for Life.

      Dosti Greenscapes - Phase 1, 2, 3 & 4 are registered under MahaRERA No. P52100049942, P52100051041, P52100077059 & P52100077092 respectively and are available on website - https://maharera.maharashtra.gov.in under registered projects. This project is funded by ICICI Bank Ltd. T&C Apply.

      About Dosti Realty For over four decades, Dosti Realty has been a symbol of trust and excellence in the real estate sector. With a legacy rooted in understanding the evolving needs of our customers, we have transformed not just pin codes but lives—building enduring communities that nurture relationships and growth. We have successfully delivered over 13 million sq. ft. across more than 135 properties. We take pride in shaping over 21,300 residences into homes where families thrive together.

      At Dosti Realty, understanding is the cornerstone of our ethos, ‘Friends for Life.’ This philosophy has been refined through years of listening, learning, and innovating to meet the aspirations of homebuyers. From timeless architecture and thoughtfully designed spaces to consistent construction updates and exceptional post-possession support, we make every step of the home-buying journey seamless and rewarding. More than just buildings, we create spaces that foster connection, harmony, and a profound sense of belonging.

      Our commitment to excellence and innovation drives us to shape the future with over 21 million sq. ft. of developments planned across the Mumbai Metropolitan Region and Pune. These include thoughtfully designed residences, educational institutions, commercial hubs, retail spaces and IT parks—each crafted to inspire comfort and connection. Grounded in values like trust, transparency, quality and timely delivery, Dosti Realty remains dedicated to building brighter futures and nurturing communities for generations to come.

      For more details log on to: https://dostirealty.com/ (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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