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    AU Small Finance Bank Savings Accounts: Competitive Interest Rates, Zero-Balance Digital Account Opening and 24x7 Mobile Banking
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    India achieves near-universal banking coverage, with 99.92% of inhabited villages now served by a banking outlet
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    DRI seizes quantities of gold; drugs, e-cigarettes and other contraband in pan-India Ops; 20 persons, including 5 foreign nationals, arrested
    Union Government releases tax devolution of ₹1,09,019 crore to State Governments, as one advance instalment to accelerate their capital and deve...
    Raymond Lifestyle Limited Delivered a stable Q1 FY27 Performance
    Rupee rises 31 paise to 95.12 against US dollar in early trade
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    August 4, 2026
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    Savings account access expands through video KYC, mobile banking, no-minimum-balance options, monthly interest payments and deposit insurance coverage.
    Savings accounts provide monthly interest payments, liquidity and access to funds, subject to eligibility, internal policies and applicable terms. Digital account opening through Video KYC is available for an account with no minimum balance requirement, supported by mobile banking for UPI transfers, bill payments and balance monitoring. Account variants include premium, value-oriented, agricultural, financial-inclusion, children's and basic no-frills accounts. Deposit insurance applies up to the prescribed limit per depositor per bank.
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    Foreign-exchange market conditions supported a modest early rupee gain, while importer demand and policy data remained key factors.
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    Quality statistics drive statistical-system reform through administrative data, interoperable systems, stronger governance, and international cooperation for evidence-based policymaking.
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    Digital statistical modernisation strengthens survey quality, macroeconomic indicators, international standards alignment and infrastructure performance monitoring through standardised data systems.
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    Windfall gains tax on petroleum exports increases to discourage exports and preserve domestic fuel availability during regional supply disruptions.
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    Online Astrology Platform Regulation: consumer department reported no guidelines, while information requests required revised factual disclosures.
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    Business combination disclosure outlines shareholder approval, registration requirements, financing conditions, and forward-looking risks for the proposed public listing.
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    Bilateral investment and trade facilitation drive proposed co-investment, digital cooperation and advanced manufacturing partnerships between Indian and Uzbek businesses.
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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.
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    Foreign exchange market movement strengthened the rupee as lower crude prices, investment inflows and improved risk sentiment provided support.
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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.
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    Counterfeit drug enforcement targets illicit manufacture, storage and trafficking networks, with coordinated seizures and referral of non-narcotic stock.
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    Anti-smuggling enforcement targets concealed gold, narcotics, protected products, prohibited e-cigarettes and restricted imports through coordinated intelligence operations.
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    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.

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      HT Media & NewsReach Present: Crafting Bharat Awards 2025 – Honoring Visionaries Shaping India’s Future

      March 6, 2025

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      India has become the world’s third-largest startup ecosystem, with over 1.6 lakh DPIIT-registered startups driving innovation, creating jobs, and transforming industries. These startups are not just businesses—they're shaping the country’s future by solving real-world problems and supporting initiatives like Atmanirbhar Bharat and Make in India. Sectors like fintech, health tech, deep tech, and sustainability are seeing breakthroughs, making India a key player in the global startup space.

      HT Media Crafting Bharat Awards 2025: Recognizing Real Impact The HT Media Crafting Bharat Awards 2025, an initiative by NewsReach (Vyomeen Media Pvt Ltd) and curated by Fever Network, was all about celebrating people and organizations driving change. What started as the Crafting Bharat Podcast, a platform to share startup journeys, has grown into a space that not only tells these stories but also acknowledges the work behind them.

      Held on 21st February 2025 at the ITC Grand Central, Mumbai, the event brought together entrepreneurs, innovators, and industry leaders for a night of recognition, meaningful conversations, and insights. It wasn’t just another startup awards event—it went beyond traditional categories to celebrate those shaping Bharat in different ways. From founders and technocrats to artists, scientists, and social impact leaders, the awards highlighted individuals making a real difference in India’s growth story. With leaders from diverse sectors in the room, the event became more than just a ceremony—it reflected how far India’s startup ecosystem has come and where it’s headed next.

      A big shoutout to our gifting partners for adding thoughtful touches to the event. Sylvi, founded by Krushna Ghevariya and Ishan Kukadia, gifted watches combining style and functionality. Magical Blends, led by Uttara, treated awardees to premium skincare kits, making the experience even more special.

      The awards were presented in three categories: • 30 Under 30 – Recognizing young trailblazers • 40 Under 40 – Honoring mid-career achievers • Bharat Innovators – Celebrating change-makers across industries It was a night of stories, connections, and acknowledging those who are shaping the future of Bharat.

      Here’s a glimpse into the Changemakers who made it to the winners’ list Sangram Singh – A Champion of Strength, Resilience, and Inspiration A celebrated professional wrestler, motivational speaker, and youth icon, Sangram Singh was honored by Bharat Innovators for his extraordinary journey of perseverance and determination. Overcoming immense challenges, he has not only excelled in wrestling but also inspired millions with his motivational talks and philanthropic efforts. His story is a testament to the power of resilience, making him a true role model for the youth of Bharat.

      Dia Mirza – Social Impact Leader - Leading with Purpose, Beyond the Spotlight’ award A celebrated actress, producer, and UN Environment Goodwill Ambassador, Dia Mirza was honored under the Bharat Innovators category for her relentless advocacy for sustainability, wildlife conservation, and climate action. While she is celebrated for her versatility in Indian cinema, her contributions go far beyond the screen.

      A strong advocate for sustainability, environmental conservation, and social causes, Dia has consistently used her platform to drive awareness and action. Whether championing climate initiatives or supporting underprivileged communities, she has shown what it means to lead with purpose.

      Avinash Tiwary – A Changemaker in Cinema who is redefining storytelling through his performances.

      A powerhouse of talent and versatility, Avinash Tiwary was recognized under Bharat Innovators for his transformative impact on Indian cinema. From playing a passionate lover in Laila Majnu to an enigmatic charmer in Bulbul, Avinash has consistently impressed audiences with his versatility. His dedication to meaningful cinema has not only elevated the industry but also inspired emerging talent. With each project, he continues to challenge norms, reshape narratives, and contribute to the evolution of Bollywood storytelling. As he takes on new roles and explores fresh narratives, Avinash Tiwary remains a true innovator in Indian cinema.

      Swastika Mukherjee – Breaking Barriers in Entertainment An acclaimed actress known for her fearless and unconventional roles, Swastika Mukherjee was honored under Bharat Innovators for challenging norms and bringing powerful, nuanced performances to Indian cinema. She took center stage—not just as a celebrated actress but as a true trailblazer in Indian and Bengali cinema. Known for her bold and powerful performances, she has captivated audiences with her talent and authenticity, redefining storytelling with every role she takes on.

      Beyond cinema, Swastika has been a passionate advocate for animal rights, using her platform to raise awareness and give a voice to the voiceless. Whether through her artistry or activism, she continues to stand for what truly matters, proving that being a star is not just about being in the spotlight—it’s about using that platform for meaningful change.

      The Crafting Bharat Awards celebrated trailblazing innovators and leaders reshaping industries with groundbreaking contributions. Among them, Shalil Gupta of Ozonetel redefined customer experiences, while Sitla Thakur of FundBezzie set new benchmarks in digital investment platforms. Harddik K Patel of Quali5Care revolutionized healthcare, and Viswaprasad S Nair of Bindwel spearheaded technological transformation.

      Social impact was at the heart of the awards, with Arhan Bagati of KYARI leading change, Dr. Meenakshi Shanbhag of Makoons championing early childhood development, and Sanjay Khimesera (President Asifa India) advocating for media excellence. The event also highlighted startup ecosystem builders like Sravanth Gajula & Sandeep Bommireddi of AdOnMo and Shikhar Neogi of Neoble Corp.

      Tech and digital innovation were celebrated with Praanesh Bhuvaneswar of Qoruz excelling in influencer marketing, Sidharth Ghosh of ITW Playworx redefining entertainment tech, and Dhaval Patel of S.D. HUB shaping e-commerce and fintech. Anuj Tiwari, founder of Innovit Technologies, pushed AI advancements, while Samkit Shah of Jitendra EV pioneered electric mobility solutions.

      In the business and media landscape, Shrikant Pandey of Indiamanthan Publications reinforced business journalism, and Bhumish Sheth of Zimble Marketing elevated digital marketing standards. Jithin Sethumadhavan of Qoruz was recognized for agency leadership, and Deepanshu Shukla and Sujith Gopinath advanced tech and healthcare communications.

      Industry transformation was a key theme, with Unni Bhaskar revolutionizing airport infrastructure, Premjith Edassery of Bloom Hotel leading tech-driven hospitality, and Vinitt Dessai innovating hair systems. Dr. Chinuu Kwatra was honored for his environmental sustainability efforts, and Suyash Singh of GalaxEye for deep-tech advancements.

      The awards also recognized financial and compliance excellence, with Mohit Agarwal of Wockhardt leading pharma innovation, Suraj Nangia excelling in tax and audit solutions, and Dr. Nishant S. Mehta shaping fintech auditing. Jitendra Somani of Pocket HRMS and Mayuresh Darne contributed to fintech and startup ecosystems, respectively.

      Leaders in entertainment and creative industries, such as SIMA RAAJ of Golden Hue Productions and Shripal of Enjoy, were celebrated for their artistic contributions. Meanwhile, Nazneen of Aminsofttech led the future of tech solutions, and Aalok Kumar of NEC India was recognized for empowering citizens.

      From engineering innovations by Viraj of Unitech Power Solutions to fintech excellence by Vishesh Rajaram of Speciale Invest, these visionaries continue to drive Bharat forward. Their dedication and achievements illuminate the path toward a more innovative, sustainable, and inclusive future.

      The Crafting Bharat Awards honored pioneers, disruptors, and visionaries across industries, recognizing their outstanding contributions to business, technology, healthcare, education, and social impact.

      From Dr. Aravindan Selvaraj, who revolutionized multi-specialty healthcare at Kauvery Hospitals, to Poornima Garg, who led impactful social initiatives at Room to Read India, each awardee exemplified excellence. Naga Srirama Narasimha Raviteja Malladi and Akshatha Madapura Anantharamu transformed the tech and e-commerce landscapes, while Sanjeev Jain redefined the automobile industry. Zeeshan Mansoori spearheaded organic growth in digital platforms, and Aakash Jugraj shaped AI and blockchain media.

      The awards also recognized Harshvardhan Chauhan, who innovated in the FMCG sector, and Pankaj Kumar Choudhary, who set trends in luxury fashion. Devarshi Malviya bridged investors and F&B brands, while Dr. Mickey Keki Mehta advanced holistic health. Jagadish Nangineni led luxury real estate, and Rohan Paul transformed the lens manufacturing industry. In the financial sector, Manish Lalwani and Harsh Jha drove innovations in wealth management and financial distress resolution.

      Trailblazers in content, education, and entrepreneurship included Prof. Dr. Parin Somani, who reshaped global education, and Mithun Chakravarthy, who played a key role in the media and creator economy. Thomson R. Andrews was recognized as a visionary in music and media, and Sonia Kotak made a significant impact on social media. Shivam Mehta excelled in digital marketing, and Jobo Kuruvilla redefined disruptive marketing.

      A constellation of trailblazers was honored for their groundbreaking contributions across diverse industries. Sanjeev Pasricha was celebrated as a Creative Disruptor in Museum Curation, redefining cultural experiences, while Dr. Prakhyat was recognized as a Healthcare Pioneer, advancing medical solutions. Anmol Srivastava (TickYourList) revolutionized the travel industry with his innovative approach to tourism, and Shubhreet Kaur transformed media strategies as a Game Changer in Communications. Amit Mahadik and Poonam Mahadik, the visionary founders of Siddhivinayak Advertising, were applauded for their remarkable impact on the Outdoor Media Industry. Ms. Binda Dey’s creative brilliance was acknowledged for her invaluable contributions to the industry. Anshul Ajmera’s entrepreneurial excellence earned him the prestigious Bharat Innovators Award, while Manish Khurana was lauded for leading the Best Venture Studio for Startup Growth & Investment, fostering a thriving entrepreneurial ecosystem.

      Ankit Agarwal redefined cricket retail by creating the Best Emerging Cric-eCommerce Platform, and Pranav Rajeev reshaped urban landscapes as a Leading Innovator in Infrastructure Development. Amit Mahendragiri Goswami’s expertise in Cybersecurity, Cloud Computing, AI, and Machine Learning safeguarded digital assets, and Anirudh Sridharan played a pivotal role in shaping the Creator Economy, enabling digital influencers. Pratibha Walia and Neeraj Walia were recognized for their exceptional contributions, while Vijay Agarwal and Vaibhav Agarwal’s groundbreaking innovation in early education earned them the title of the Most Innovative Preschool Brand in India 2025.

      Pravin Patel was honored for Excellence in Real Estate Development & Infrastructure, shaping modern cities with his visionary projects. Meanwhile, Subhash Ramdin Prajapati was celebrated for redefining beauty, innovation, and social change with his transformative initiatives. Each of these distinguished individuals continues to push boundaries, inspire innovation, and redefine excellence in their respective fields. Dipu Bose is a visionary transformational leader in medical technology, driving innovation and advancements that shape the future of healthcare.

      Leaders in financial inclusion, such as Ankita Mitra, Chandan Khaitan, and Kunal Jhunjhunwala, ensured greater accessibility to secured lending, while Wilson K and Gaurav Thaker revolutionized luxury branding and beauty tech. Amitabh Shah drove social impact, Rakkesh R. Uddiyar led in fitness.These awardees demonstrated innovation, leadership, and a commitment to excellence, shaping India's future across diverse industries.

      A Celebration That Goes Beyond Awards Vyomeen Media Private Limited led News Reach and the HT Media Crafting Bharat Awards 2025 wasn’t just about recognizing achievements—it was about bringing together people who are shaping the future. It showcased stories of resilience, innovation, and purpose, inspiring others to push boundaries and create lasting change.

      As the event came to a close, it left behind more than just accolades. It sparked conversations, strengthened connections, and reinforced the vision of a self-reliant, forward-thinking Bharat. Every awardee’s journey served as a reminder that progress isn’t just about big ideas—it’s about the people who dare to make them happen.

      This wasn’t just an awards night. It was a movement. And the journey of Crafting Bharat is far from over.

      (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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