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    No commitments relating to ethanol import from US for fuel blending under FTA talks: Govt
    No concession or commitment on import of Ethanol for fuel blending from the United States
    Office of the Controller General of Patents, Designs and Trade Marks Announces Tentative Schedule for Patent and Trade Marks Agent Examinations 2027 a...
    RBI invites comments on the draft “Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026”
    West Bengal seeks 100pc foodgrain, 40pc sugar jute packaging quota at SAC meeting
    RBI clasifies Tata Sons, 16 others as large NBFCs
    Sensex climbs 374 points on buying in Reliance, ICICI Bank; Nifty ends flat
    Insurance Division, DFS Secures 3rd Rank in Group A Category of Grievance Redressal Assessment & Index (GRAI) for June 2026
    VKDL Group’s NPA Bazaar Strengthens India’s Distressed Asset Resolution Ecosystem Under the Leadership of V K Dubey
    Lok Sabha passes bill to authorise govt to permit banks to levy charges on UPI transactions
    Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee August 3 to 5, 2026
    Stock markets edged higher in early trade amid lower crude oil prices, buying in Reliance Industries
    Monthly review of accounts of Government of India upto June 2026 (FY 2026-27)
    DRI busts illegal drug manufacturing unit in Satara district in Maharashtra; two arrested
    CCI approves proposed combination inter alia involving share acquisition(s) and merger of certain entities e.g. AAPC India, Triguna, Caddie, SMPL, Tec...
    Rupee gains 20 paise to close at 95.08 against US dollar post-RBI policy decision
    TN Budget: Revenue deficit at Rs 55,775 crore, fiscal deficit estimated at Rs 1,21,819 crore
    Tatkare slams ‘gungi gudiya’ jibe against Sunetra; Cong says row being exploited for political gains
    RBI invites public comments on Draft Guidelines for ‘on tap’ Licensing of Urban Co-operative Banks
    Pakistan-origin dry dates, routed through UAE, seized at Kandla port
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    August 6, 2026
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    Ethanol imports for fuel blending remain excluded from trade commitments, with domestic producers continuing to supply the blending programme.
    Ethanol imports for fuel blending remain outside concessions or commitments in India-US trade discussions. Under the Ethanol Blended with Petrol Programme, ethanol procurement is governed solely by domestic policy requirements and is sourced entirely from domestic producers. Claims of existing or intended large-scale ethanol imports from the United States for fuel blending, or of a policy change permitting them, are stated to be baseless.
    August 6, 2026
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    Domestic ethanol sourcing for fuel blending continues unchanged, with no import commitments or concessions involving United States ethanol.
    Ethanol used for fuel blending under the Ethanol Blended with Petrol Programme is sourced entirely from domestic producers, with no imports from the United States for that purpose. No concessions or commitments on importing United States ethanol for fuel blending have been made in trade discussions. Fuel blending and ethanol procurement continue to be governed solely by domestic policy requirements, and claims of a policy change allowing large-scale imports are incorrect.
    August 6, 2026
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    Patent and trade marks agent qualification examinations require written-paper minimums, aggregate passing scores, and viva voce assessment for registration.
    Patent and trade marks agent examinations comprise an objective Paper I, a descriptive Paper II and a viva voce assessing suitability to practise before the Intellectual Property Office. Candidates must secure the stipulated minimum marks in each written paper and the required aggregate score to pass. Registration in the relevant Register of Patent Agents or Register of Trade Marks Agents is available only to candidates who satisfy all prescribed eligibility conditions and qualify the examination.
    August 6, 2026
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    Draft NBFC credit-facilities amendments open for stakeholder consultation through designated online and email feedback channels.
    Draft amendments to the Non-Banking Financial Companies credit-facilities framework have been released for public consultation. Regulated entities and other interested stakeholders may submit comments or feedback through the 'Connect 2 Regulate' platform or by email using the specified subject line.
    August 6, 2026
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    Mandatory jute packaging reservations were urged to protect cultivators, mill workers, crop absorption, and environmentally sustainable packaging.
    Mandatory jute packaging reservations were sought to be retained at full coverage for foodgrains and increased for sugar packaging for the forthcoming Jute Year. The submission before the Standing Advisory Committee emphasised absorption of bumper jute output, remunerative prices for cultivators, uninterrupted mill operations, and protection of farm and worker livelihoods. It also stressed that biodegradable jute bags offer an environmentally friendly alternative to HDPE and polypropylene woven sacks, and that dilution of compulsory packaging could undermine plastic-pollution reduction efforts.
    August 6, 2026
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    NBFC Upper Layer classification imposes enhanced regulation and listing obligations, while de-registration applications remain under examination.
    NBFC Upper Layer classification subjects identified large non-banking financial companies to enhanced regulatory requirements for at least five years and requires stock-exchange listing within three years of identification. The framework divides NBFCs into Base, Middle, Upper and Top Layers. Seventeen large NBFCs were included in the Upper Layer list, while Tata Sons' classification remains subject to the pending examination of its de-registration application.
    August 6, 2026
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    Closing auction price discovery may affect benchmark levels differently based on constituent liquidity and concentrated institutional order flow.
    The Closing Auction Session in the equity cash segment uses an auction-based method to determine closing prices of eligible shares with futures and options contracts, aiming to strengthen transparent and robust price discovery. Its effect on benchmark closing levels may differ according to constituent liquidity and institutional order flow. The Reserve Bank of India retained the policy repo rate and neutral stance, indicating that future policy decisions will be data-dependent and influenced by assessment of energy-cost effects on inflation.
    August 6, 2026
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    Public grievance redressal strengthens through monitoring, senior review, workshops, stakeholder coordination, and customer-centric service delivery improvements.
    Public grievance redressal is assessed through the Grievance Redressal Assessment and Index, which analyses grievance categories and disposal. The Department of Financial Services' Insurance and Banking Divisions received third and sixth ranks respectively in the June 2026 assessment. Its framework includes disposal of grievances, random reviews by senior officials, and workshops on effective grievance redressal, supporting best practices, stakeholder coordination, technology use, customer-centric service, and accountable public service delivery.
    August 6, 2026
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    Distressed asset resolution integrates restructuring, insolvency advisory, funding facilitation and digital marketplaces for transparent financial recovery transactions.
    The platform provides integrated advisory, management and transaction-facilitation services for Non-Performing Assets, stressed assets and distressed assets. Its services include NPA resolution, debt restructuring, One-Time Settlements, funding assistance, insolvency and bankruptcy advisory, asset reconstruction, financial restructuring and capital raising. Digital and offline marketplaces facilitate transactions involving distressed assets, receivables and related movable or immovable properties, supported by collaborations with banks, Non-Banking Financial Companies, Asset Reconstruction Companies, corporates and investors.
    August 6, 2026
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    Merchant discount rate framework may permit charges on notified UPI and digital payments through a government notification mechanism.
    The proposed amendment to Section 10A of the Payment and Settlement Systems Act, 2007 replaces the existing income-tax-linked reference with a Central Government notification-based mechanism for electronic payment modes. It removes the current statutory restriction preventing banks and payment service providers from charging Merchant Discount Rate on notified modes, enabling the Government to permit charges for UPI and other digital payments. The policy rationale is to support funding for payment infrastructure and a sustainable revenue model for service providers.
    August 6, 2026
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    Neutral monetary policy stance continues as resilient growth and food-fuel inflation risks require close macroeconomic monitoring.
    The Monetary Policy Committee retained the policy repo rate and continued the neutral monetary policy stance, citing the need to assess evolving growth-inflation conditions. Domestic activity was assessed as resilient, supported by consumption, investment, credit, manufacturing, services and exports, although global uncertainty, energy prices, supply-chain pressures, geopolitical developments and monsoon conditions remain risks. CPI inflation increased mainly because of food and fuel pressures, while underlying inflation remained moderate. The Committee considered that price pressures were not yet generalised and reaffirmed its commitment to align inflation with the target.
    August 6, 2026
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    Closing auction price discovery and a neutral monetary policy stance shaped equity market conditions amid lower crude prices.
    The Closing Auction Session in the equity cash segment introduced an auction-based mechanism for determining closing prices of eligible shares with futures and options contracts, intended to make price discovery more transparent and robust. The Reserve Bank of India retained its neutral stance and left the benchmark policy rate unchanged, pending greater clarity on the inflationary effects of higher energy costs. Future policy decisions were stated to be data dependent.
    August 6, 2026
    Show AI Summary
    Monthly public accounts review records receipts, expenditure, tax devolution, interest payments, subsidies, and capital spending through June.
    Consolidated monthly accounts up to June 2026 report total receipts of Rs.10,49,243 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution transfers to State Governments total Rs.2,63,336 crore. Total expenditure is Rs.13,57,076 crore, including revenue expenditure of Rs.10,16,818 crore and capital expenditure of Rs.3,40,258 crore. Revenue expenditure includes interest payments and major subsidies.
    August 6, 2026
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    Illicit psychotropic drug manufacture triggered seizure, apprehensions, and investigation into planned trafficking under narcotics control law.
    Illicit manufacture and trafficking of Alprazolam and Diazepam, psychotropic substances regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985, were detected at a clandestine facility. Searches recovered finished and intermediary substances, together with raw materials and reaction mixtures used in manufacture, and the goods were seized under the Act. The manufacturer and an intended buyer were apprehended, with material indicating a proposed transaction for further illicit trafficking. Preliminary investigation indicated prior involvement in illegal drug production and trafficking.
    August 6, 2026
    Show AI Summary
    Competition approval for hotel-sector consolidation covers share acquisitions and merger of Accor-branded hotel entities into InterGlobe Hotels.
    Competition approval was granted for related share acquisitions and the merger of AAPC India, Caddie, Triguna, Srilanand Mansions, Techpark and Accent into InterGlobe Hotels. The combination involves entities jointly controlled by the Bhatia Family Group and the Accor Group, including hotel-owning and developing entities, hotel management and franchising operations, leasing activities, and captive consultancy and support services relating to Accor-branded hotels in India.
    August 5, 2026
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    Rupee appreciation followed unchanged monetary policy, lower crude prices, weaker dollar and expectations of orderly exchange-rate management.
    The rupee strengthened after the central bank maintained its policy rate and neutral monetary-policy stance. Lower crude oil prices, a weaker US dollar and declining US Treasury yields supported investor sentiment. Earlier measures to attract capital inflows remained part of the framework supporting the rupee, while the central bank stressed its endeavour to preserve an orderly currency trajectory. Future movement was linked to geopolitical de-escalation, global risk sentiment and US economic data.
    August 5, 2026
    Show AI Summary
    Fiscal consolidation through revenue mobilisation and leakage control aims to reduce deficits while expanding capital expenditure capacity.
    Tamil Nadu's Revised Budget Estimates for 2026-27 project a revenue deficit and fiscal deficit, with outstanding liabilities comprising public debt and public-account liabilities. Revenue mobilisation is proposed through improved tax administration, collection efficiency, closure of leakages, liquor-manufacturer privilege fees, and eligible Union grants. The strategy projects gradual deficit reduction to create room for capital expenditure, supported by expenditure reforms aimed at eliminating leakages, optimising expenditure, and improving service delivery.
    August 5, 2026
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    Political criticism of public office-holders raises debate over media accountability, personal remarks, and acceptable public discourse.
    Political criticism followed a social-media post describing Maharashtra Deputy Chief Minister Sunetra Pawar as "gungi gudiya" in connection with a press interaction on law-and-order issues in Beed district. Congress representatives stated that the post was not a personal insult, had been deleted after adverse reactions, and was followed by an expression of regret. NCP representatives termed the expression inappropriate and stressed that the principal dignitary should conduct media interactions. Shiv Sena (UBT) representatives described the phrase as not unparliamentary and linked it to criticism of a guardian minister's public responsibilities.
    August 5, 2026
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    On-tap licensing for Urban Co-operative Banks enters public consultation through draft guidelines inviting stakeholder feedback.
    Draft guidelines for 'on tap' licensing of Urban Co-operative Banks have been issued for public and stakeholder consultation. Comments and feedback may be submitted until September 05, 2026, through the designated online consultation facility or by written or email submission to the specified regulatory department.
    August 5, 2026
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    Prohibition on indirect Pakistan-origin imports targets alleged origin misdeclaration and UAE routing used to circumvent trade restrictions.
    Import prohibition on goods originating in Pakistan applies to direct and indirect imports under the Foreign Trade Policy, 2023. Pakistan-origin dry dates routed through the UAE were allegedly declared as UAE-origin goods for import, and were intercepted under the Customs Act, 1962. Investigation indicated that the goods were first sent from Pakistan to Dubai, re-containerised, and then exported to India. A separate interception involved Pakistan-origin guggul resin allegedly declared as Somali natural resin and routed through Dubai.

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      Kos Minar International Documentary Film Festival: A Three-Day Celebration of Stimulating Cinema at O.P. Jindal Global University

      March 27, 2025

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      March 27, 2025 SONIPAT: As part of the ongoing celebrations marking fifteen years of O.P. Jindal Global University (JGU), its media school, Jindal School of Journalism and Communication (JSJC), hosted first-of-its-kind, campus-based international documentary film festival from March 21, 2025 to March 23, 2025.

      The Vice Chancellor, Prof. (Dr.) C. Rajkumar, inaugurated the festival, “Today is an era when we can safely say that good films can be made purely on the power of an idea.” In his welcome remarks the Registrar, Prof. Dabiru Sridhar Patnaik said that “This festival is not just a celebration of cinema, it is also a celebration of storytelling, human resilience and truth” But why the ‘documentary’? According to JSJC Dean Prof. Kishalay Bhattacharjee, “Recently, it is the documentary that has brought international recognition to Indian cinema. Documentarians aren’t simply journalists; they are exploring the truth about the human condition.” JSJC had announced, at the inception of its B.A. (Hons) Film and New Media Programme in 2022, that it would be home to one of the finest documentary film festivals in the world. The three days of the Kos Minar International Documentary Film Festival fulfilled that promise, as students, faculty, and audiences from outside JGU gathered to watch and discuss a series of compelling, poignant, and contemplative documentary films from India and the world.

      Documentaries have always remained at the cusp of experimenting with cinema’s limits, displaying a never dissipating human desire to bring stories, facts and truths to the foreground. This festival, named after the ‘Kos Minar’—a medieval distance marker built along the Grand Trunk Road, one of Asia’s longest and oldest major roads, connecting several medieval empires—showcased new experiments with the documentary film form, by young and emerging filmmakers. Traditionally, Kos Minars were built for the comfort of travellers and also used as stations for royal couriers carrying messages and transferring royal treasury; JGU overlooks one such Kos Minar, situating the university at the confluence of global communication. In keeping with this spirit, the Kos Minar International Documentary Film Festival brought together some of the finest contemporary documentary films from near and afar, and also facilitated stimulating interactions between filmmakers, film lovers, and students.

      On March 21, the festival opened by commemorating legendary filmmaker, Kumar Shahani, who passed away on February 24, 2024. One of Shahani’s last public appearances was at the commencement of JSJC’s B.A. (Hons) Film and New Media Programme. In honor of Shahani, the keynote address, Remembering Kumar, was delivered by noted film scholar, Ashish Rajadhyaksha. Rajadhyaksha spoke about the dazzling range of Shahani’s many interests, which included the global history of cotton, D.D. Kosambi’s reading of the Mahabharata, Buddhist iconography, Indian classical music, and the Bhakti tradition. The talk illustrated Shahani’s experiments with form, performance, and musical traditions in his various films, thereby introducing the filmmaker to a newer generation of audience.

      The opening film on Day 1 was Payal Kapadia’s A Night of Knowing Nothing—an arresting portrait of the youth of India, their anxieties, desires, and dreams of justice—which had been awarded the Best Documentary Film at the 2021 Cannes Film Festival. This was followed by the screening of Prachee Bajania’s Umbro—a short and intimate film on a circle of Gujarati women, especially mothers, stealing time from their daily routines for friendships and leisure. Next was Anupama Srinivasan and Anirban Dutta’s Flickering Lights, a tale of patience and hope, wherein a remote village near the Indo-Burmese border waits for 7 years, for electricity.

      Day 2 opened with two recent Sundance film festival winners: Sarvnik Kaur’s Against the Tide and Snow Hnin Ei Hlaing’s Midwives. Both films highlighted marginalised communities (fishermen from Mumbai and midwives from Myanmar, respectively) grappling with larger global forces transforming their traditional means of livelihood. Through stories of personal friendships and disagreements embedded within troubled waters and war-torn landscapes, these films documented the spirit of human resilience and companionship. These films were presented by Docedge Kolkata – Asian Forum for Documentary, which is currently one of the leading platforms supporting and financing independent documentary filmmaking in Asia.

      Later, Sreemoyee Singh’s And, Towards Happy Alleys, took us on a personal, musical journey through the streets of Iran. During the Q&A session, Sreemoyee Singh shared her experiences as a young research scholar and filmmaker—how her fascination with Iranian cinema, poetry, and music inspired her to learn Persian and set out on a journey to Iran, to meet the nation’s finest filmmakers and document the stories of Iranian women and their quest to live with dignity, often using music to bond with strangers.

      Day 3 began with Haobam Paban Kumar’s Phum Shang, and Raja Shabir Khan’s Shepherds of Paradise—two compelling films on marginalised communities from Kashmir and Manipur, their incredible relationship to land and water, even as forces of nature and changing laws push them to the brink of extinction. Apart from the Q & A session with both filmmakers, students were presented with a special opportunity to interact with them in a separate technical session.

      The festival also included three short experimental films by Berlin-based Palestinian filmmaker, Basma Al Sharif, and a selection of films around climate change and ethics, presented by Alt Eff (All Living Things Environmental Film Festival). Event partner and global streaming platform MUBI also conducted special film quizzes for students, with their exclusive merchandise as prizes.

      The Kos Minar International Documentary Film Festival fittingly became a testament to not just the power of independent filmmaking in bringing stories, known or unknown, to newer audiences, but also to the interdisciplinary spirit embodied by the Jindal School of Journalism and Communication. The three days of the festival became a window to the world—travelling across nations, geographies, and ecologies, where one encountered people, places, habits and habitats, became involved in their struggles to live with dignity and justice, participated in their trials and tribulations, laughed along in their moments of joy, and most importantly, witnessed their courage to stand up for the truth.

      (Disclaimer: The above press release comes to you under an arrangement with O.P. Jindal Global University and PTI takes no editorial responsibility for the same.) . PTI PWR PWR

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