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    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
    Piramal Pharma Limited Announces Results for Q1 FY27
    Advisory on Keeping on Hold the Proposed e-Way Bill Enhancements
    Innovation, Startups, MSMEs and Quality Manufacturing are Pillars of India's Future Growth: Shri Piyush Goyal at 22nd J.R.D. Tata Memorial Lecture
    UP ATS nabs kingpin of fake document racket from West Bengal
    Calcutta HC says voter ID, Aadhaar, PAN not proof of Indian citizenship
    Corporate Mitra Scheme Awareness Webinar organized by IICA Shillong, Ministry of Corporate Affairs witnessing overwhelming participation of youth and ...
    CCI approves amalgamation of Go Digit Infoworks Services, holding company of Go Digit General Insurance Ltd, with Go Digit General Insurance Ltd, such...
    CCI approves acquisition of units of Oaktree capital group Holdings, L.P. (OCGH), and Oaktree Equity Plan, L.P. (OEP) by Brookfield Asset Management L...
    Assam Exports First International Consignment of Purabi Ice Cream to Bhutan
    Building Deep and Resilient Financial Markets for a Viksit Bharat - Keynote Address delivered by Shri Rohit Jain, Deputy Governor at the Financial Ins...
    RBI issues Draft (Securitisation Transactions) Amendment Directions
    Rupee rises 5 paise to 95.77 against US dollar in early trade
    Woman GST officer, consultant caught taking Rs 60,000 bribe in Maharashtra's Jalna
    Zelenskyy has 'good meeting' with Trump at White House as he seeks more cooperation with US
    Creation of separate ministry infused new energy in India's cooperative movement: Amit Shah
    Railways operates first-ever direct freight train from Kolkata Port to Nepal's Biratnagar
    Haryana Cabinet approves housing, EV, MSME and governance reforms
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    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
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    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.
    July 30, 2026
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    Quarterly financial reporting highlights operational growth, FDA inspection compliance, product integration, and prior insolvency proceeds in pharmaceutical operations.
    Quarterly financial reporting records revenue growth and improved EBITDA performance across CDMO, Complex Hospital Generics and Consumer Healthcare operations. CDMO growth was linked to order inflows, higher capacity utilisation, pricing discipline and commercial expansion, while quality compliance included an Establishment Inspection Report for the Sellersville facility and continued Zero Official Action Indicated status. The prior-year exceptional item related to one-time insolvency proceeds from a supplier claim filed before the NCLT. Consumer Healthcare growth was attributed to power brands, e-commerce, premiumisation, pricing and cost optimisation.
    July 30, 2026
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    Proposed e-Way Bill enhancements remain on hold, with no production changes required pending further communication.
    Proposed e-Way Bill enhancements have been kept on hold until further notice. Stakeholders are not required to make production-environment changes pursuant to the earlier advisories concerning those enhancements. The related advisories and FAQs are to be withdrawn from the GST Portal pending further communication.
    July 30, 2026
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    Innovation-led industrial growth promotes deep-tech investment, startup commercialisation, technology-enabled MSMEs, quality manufacturing and global market expansion.
    Innovation-led industrial growth is linked to deep technology, research and development, skilled manpower, startups, MSMEs and globally competitive manufacturing. Public initiatives include long-term risk capital for emerging technologies, affordable computing capacity and semiconductor investment support. Startups are encouraged to move from prototypes to commercialisation through industry adoption and early domestic investment. Manufacturing and MSME policy emphasise technology adoption, automation, productivity, branding and uncompromising quality. Free Trade Agreements are presented as supporting global market access and export expansion.
    July 29, 2026
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    Fraudulent Aadhaar enrolment allegations involve forged supporting documents, misuse of operator credentials, remote access, and continuing investigation.
    Forgery of Indian identity and supporting documents is alleged in an interstate racket using false birth, domicile and school certificates to obtain Aadhaar cards for foreign nationals. The racket allegedly misused authorised Aadhaar enrolment operator login credentials and used virtual private networks and remote access to enrol applicants. The alleged mastermind was arrested, and investigation, including proposed custodial interrogation, remains ongoing.
    July 29, 2026
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    Citizenship proof requires more than identity, tax, electoral or banking records when nationality remains unestablished.
    Voter identity cards, Aadhaar cards, PAN cards and bank-account records were treated as non-conclusive proof of Indian citizenship. The petitioner and detainee were required to establish citizenship under the Immigration and Foreigners Act, 2025, and an appeal against deletion from electoral rolls did not itself satisfy that burden. The inability to identify the burial locations of the detainee's parents prevented proposed DNA-based verification and supported an adverse inference concerning their citizenship.
    July 29, 2026
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    Corporate Mitra Scheme builds local compliance professionals to strengthen MSME regulatory, financial, taxation, accounting and governance support.
    The Corporate Mitra Scheme develops qualified and accredited para-professionals to provide MSMEs with accessible, affordable compliance and business-support services. Corporate Mitras are intended to assist enterprises with regulatory compliance, finance, taxation, accounting and governance-related requirements, enabling MSMEs to focus on innovation, expansion and growth. IICA Shillong serves as the nodal agency for Northeast regional coordination, stakeholder liaison, promotion and awareness, with regional participation encouraged through reserved course seats and a fee concession.
    July 29, 2026
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    Amalgamation of Go Digit Infoworks with Go Digit General Insurance approved, with the general insurer continuing as surviving entity.
    The Competition Commission of India approved the amalgamation of Go Digit Infoworks Services Private Limited, the holding company of Go Digit General Insurance Limited, with Go Digit General Insurance Limited as the surviving entity. Infoworks has no present market-facing business activities. Go Digit General provides general and health insurance products and services in India, with a specialised focus on general insurance.
    July 29, 2026
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    Competition approval enables Brookfield's indirect acquisition of Oaktree entities, combining alternative investment management businesses.
    Competition approval was granted for Brookfield Asset Management Ltd. to indirectly acquire units in Oaktree Capital Group Holdings, L.P. and Oaktree Equity Plan, L.P., resulting in the acquisition of the Oaktree operating group of entities. Brookfield Asset Management is a global alternative asset manager, while the Oaktree group provides alternative investment management services.
    July 29, 2026
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    Processed dairy exports to Bhutan expand through compliance support, market access facilitation, and planned diversification of longer-shelf-life products.
    Processed dairy exports from Assam to Bhutan commenced with a Purabi Ice Cream consignment exported by North East Dairy and Foods Limited and manufactured through Assam's cooperative dairy network. The Agricultural and Processed Food Products Export Development Authority supported export documentation, regulatory compliance, market access and stakeholder coordination. The initiative seeks to expand value-added dairy exports from the North Eastern Region, with plans to introduce longer-shelf-life products and increase exports according to market demand.
    July 29, 2026
    Show AI Summary
    Financial-market depth requires reliable liquidity, risk transfer, transparent products and shared institutional responsibility for resilient long-term financing.
    Financial-market depth requires reliable liquidity and price discovery, efficient risk distribution, and diverse, meaningful participation across market conditions. Government and corporate bond markets, money markets, and foreign exchange and derivative markets should channel long-term savings into investment and enable management of interest-rate, currency and credit risks. Product innovation must serve genuine needs and be supported by suitability assessments, transparent disclosure, fair pricing, independent valuation and user risk-management capacity. Regulators, market institutions, issuers, investors and infrastructure providers share responsibility for resilient, transparent and trusted markets.
    July 29, 2026
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    Securitisation Note amendments seek stronger issuance efficiency, liquidity and transparency, with stakeholder consultation invited on proposed directions.
    Draft amendments to securitisation transaction directions seek to improve the efficiency, liquidity and transparency of issuing and subsequently transferring Securitisation Notes. The proposals apply to commercial banks, small finance banks, non-banking financial companies and all India financial institutions. Public and stakeholder comments are invited through the designated regulatory consultation platform or alternatively by post or email.
    July 29, 2026
    Show AI Summary
    Rupee appreciation reflected weaker dollar conditions, equity inflows, crude oil movements and positive domestic market sentiment.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar. A weaker US dollar, lower crude oil prices relative to earlier levels, positive domestic equity sentiment, and foreign institutional investors' net purchase of Indian equities were identified as key influences. The dollar index weakened ahead of a monetary policy announcement, while crude prices rose amid renewed geopolitical tensions. Domestic benchmark equity indices also advanced in early trade.
    July 29, 2026
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    Input Tax Credit unblocking allegedly involved illegal gratification, prompting a trap operation and apprehension of the officer and consultant.
    Alleged bribery connected with unblocking Input Tax Credit arose after an electronics trader received a show-cause notice and had its ITC blocked. A private tax consultant allegedly conveyed that a State GST officer demanded illegal gratification for unblocking the credit and encouraged the trader to settle the demand. Following a complaint, a trap operation allegedly led to the apprehension of the officer and consultant, with further legal action in progress.
    July 29, 2026
    Show AI Summary
    Defence production licensing and Russian energy sanctions shaped discussions on Ukraine's security capacity, missile supply and diplomatic engagement.
    Ukraine-US discussions addressed licences for domestic Patriot defence-system production, wider defence-production cooperation, technology exchange and missile supply funded through European resources. Ukraine also sought support for a sanctions bill designed to increase economic pressure on Russia by imposing tariffs on goods from major purchasers of Russian oil and gas and by sanctioning Russian leaders, financial institutions and energy projects. The proposed defence-production licence was identified as a longer-term measure, alongside calls for renewed diplomatic engagement.
    July 29, 2026
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    Cooperative-sector modernisation strengthens rural finance through expanded credit societies, online audits, institutional connectivity and technology-enabled cooperative banking.
    Cooperative-sector modernisation is presented as a mechanism for strengthening rural institutions, farmer prosperity and the rural economy. The separate Ministry of Cooperation provides an administrative, legal and policy framework for the cooperative movement. Key initiatives include establishing new primary agricultural credit societies and dairy cooperative societies, expanding business activities for primary agricultural credit societies, online auditing, and connecting cooperative institutions. District cooperative banks are described as important institutions for meeting the financial requirements of expanding service and dairy cooperative societies.
    July 28, 2026
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    Direct containerised rail freight movement enables seamless Kolkata Port-to-Biratnagar cargo transport without border transshipment under revised transit arrangements.
    Direct containerised rail freight movement between Kolkata Port and Biratnagar Customs Yard has commenced under the revised India-Nepal Rail Transit Protocol. The service enables end-to-end commercial rail carriage without border transshipment through the Jogbani-Biratnagar broad-gauge connection. Implementation of the revised Letter of Exchange operationalises direct commercial rail access, intended to reduce transit time, logistics costs and cargo handling while improving supply-chain efficiency, reliability and cross-border trade.
    July 28, 2026
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    State governance reforms expand housing relief, local audits, MSME support, property records, welfare measures and clean-vehicle tax incentives.
    The reforms provide concessional stamp duty and registration charges for eligible Economically Weaker Section housing beneficiaries, a statutory local-audit framework, and incentives for MSMEs and exports. They also establish rules for ownership records in Lal Dora areas and introduce a formula-based urban property-tax assessment framework with exemptions. Welfare measures cover compensation for specified unnatural custodial deaths, ex-Agniveer reservation, and compassionate appointments. Motor-vehicle tax measures provide a rebate for qualifying vehicles registered in women's names and exemptions for new electric vehicles.

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      How shelter hit by Trump's aid cuts protects LGBTQ migrants in Mexico

      March 25, 2025

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      Tapachula (Mexico), Mar 25 (AP) Ana Esquivel no longer feels like her heart stops every time she sees a police officer.

      “We've been told that they won't harass or mistreat us here, but back home, if a male name is spotted on your ID, you could spend the night detained,” said the 50-year-old transgender woman. She fled Cuba fearing for her safety and arrived in Mexico earlier this year.

      Esquivel settled in the southern city of Tapachula, hoping to dodge the Trump's administration crackdown on migration and reach the United States. But unlike many who turned back after their Border Patrol appointments got cancelled, returning home is not an option for LGBTQ+ migrants.

      “The LGBT population doesn't necessarily leave their countries for the same reasons as others,” said Mariana de la Cruz, operations director at Casa Frida, a shelter that supports LGBTQ+ migrants and lost 60 per cent of its funds after President Donald Trump ordered the suspension of foreign assistance programmes in January.

      “They leave due to discrimination and violence based on their gender identity,” de la Cruz said. “Beyond economic reasons or the American Dream, they leave because they need to survive.” The flux of migrants at the Southern Mexican border with Guatemala dipped after Trump announced plans to restrict refugees and asylum seekers, contending he wants to stop illegal entry and border crime.

      The Mexican Commission for Refugee Aid in Tapachula has not updated its public data since December 2024, but the transformation is clear.

      Hundreds of migrants no longer flood a public square, waiting for a response to their refugee applications. And though lines still form around the commission's headquarters, locals say the crowds are smaller.

      At a nearby Catholic shelter, administrator Herber Bermudez said they have hosted up to 1,700 migrants at a time, but it's closer to 300 with the shutdown of CBP One, the US border app that facilitated legal entry into the country.

      “The change was substantial,” Bermúdez said. “By January 20, we had around 1,200 people, but as the app stopped working, people started heading back to their countries.” In contrast, help requests addressed to Casa Frida have not dropped.

      "All of the people we support were victims of violence," said Sebastián Rodríguez, who works at the shelter. "They can't go back." In Tapachula since 2022, Casa Frida staff review on average 80 applications per month, assessing the most at-risk. According to Rodríguez, nonbinary and transgender migrants are frequently vulnerable to attacks.

      The shelter doesn't have enough resources to help everyone, but they bring on about 70 new people monthly and can support up to 200 LGBTQ+ at any given time.

      Several migrants recently told The Associated Press they were kidnapped by cartel members as they set foot in Mexico and had to give up their possessions to be released.

      LGBTQ+ people face more violence, Rodríguez said. Transgender women often dress as men to avoid mockery and being spotted by criminals. If they are spared and reach a shelter, staff assign them to male dorms. If they leave and try to rent a room elsewhere, landlords seem unhospitable or demand unthinkable fees.

      “That's why programmes like ours are needed,” Rodríguez said.

      According to the shelter, about 40 per cent of its population was affected by the end of CBP One app and the mass cancellation of appointments.

      “Some people feel discouraged and hopeless,” Rodríguez said. “But many have applied for asylum in Mexico.” Among its services, Casa Frida can provide a roof and meals for up to 12 people for three months. The organisation's other programmes can help several more migrants by providing legal guidance on remaining in Mexico, advice on finding temporary jobs with inclusive environments, psychological counselling and tips for renting apartments under fair conditions.

      “Most people just think of us as a shelter, but providing refuge is only the core of what we do,” Rodríguez said. “Our goal is to reintegrate violence victims into society.” The shelter operates in three locations: Mexico City, where it was founded in 2020 and mostly supports locals; Tapachula, which mainly receives migrants from Cuba, Honduras, Venezuela, El Salvador, Perú and Haiti; and Monterrey, where those at grave risk are transferred to be safe at an undisclosed address.

      Manuel Jiménez, 21, was welcomed at the Mexico City station in February. He arrived from a state near the capital when harassment by family members became unbearable.

      Jiménez initially hoped to reach the US and he travelled north in November 2024. All went well until border patrol officers detained him in Arizona and he was deported. But it was dangerous for him to stay in his hometown.

      “Someone told me about this shelter because I wanted to find a place where I could feel at peace,” said Jiménez, who identifies as bisexual. “Back home, there were people who wanted to hurt me, verbally and physically.” Now living at Casa Frida, he started working at a nearby restaurant and hopes to save money that will enable him to find a home of his own.

      Back in Tapachula, Esquivel applied for Mexican refugee status. Around 85 per cent of Casa Frida's migrants get a positive response, so she's optimistic. Maybe one day, she hopes, she could go back to school, land a job and relocate.

      “I want to stay here and become part of this country,” Esquivel said. “I want to do it the right way and I'm grateful to Casa Frida for helping me get there.” She learned about the shelter from another trans woman who also fled Cuba after feeling threatened by police.

      “I was nearly arrested,” said Rachel Pérez, 51. “In Cuba, we are discriminated and persecuted. We leave in search for a better life.” Human rights organizations have denounced continuing intolerance in the Caribbean nation, which does have sexual orientation protections.

      According to Esquivel, she was accused of prostitution — which is not illegal under Cuban law — for repeatedly walking alone at night. Police warned her a few times, but she kept going out until she was detained and transferred to a male prison.

      “I was raped there,” said Esquivel, who remained imprisoned for a year. “I was only 21 and the inmates abused me. Within time, I learned how to defend myself, but those were very difficult times I won't forget.” Staff at Casa Frida constantly updates their protocols to help migrants like Esquivel. But keeping operations running has proved challenging due to the US aid cuts.

      According to De la Cruz, worrisome notifications popped by January 24, and a few weeks later, 60 per cent of their budget was gone.

      “We've been looking everywhere to find new sustainability alternatives,” she said.

      “We are part of a network focused on LGBT mobility in Latin America and the Caribbean — 13 organisations in 10 countries — and at least 50 per cent of them took a hit.” Funding campaigns and ongoing meetings with European and local leaders might bring a solution, but concerns haven't ceased and the team could significantly diminish its operations.

      “Nothing is written in stone and we don't know what could happen next,” De la Cruz said. (AP) PY PY

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