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    Govt to adopt appropriate measures to mitigate fuel price volatility: MoS Finance
    Taxation laws (Amendment) Bill to attract more foreign capital, provide policy certainty introduced in LS
    Champion Mirabai Chanu Unveils MMTC-PAMP's 'Virasat' Recycled Gold Coin to Celebrate India's 80th Year of Independence
    Indian economy to hit USD 5-trillion mark in FY29 as per IMF: FM
    SVC Co-operative Bank Concludes 120th Annual General Meeting, Reaffirms Growth, Governance and Digital Focus
    Rupee falls 3 paise to close at 95.40 against US dollar
    Government Boosts MSME Financing Through SIDBI and ECLGS 5.0
    India's Market Opportunity is Growing, and the Trade is Taking Notice
    50,000 Students to Participate in Season 2 of the Franklin Templeton National Mutual Fund Olympiad 2026
    Currently nine trade disputes pending against India under WTO rules: Govt
    MNLU Mumbai Launches MBA in Entrepreneurship & Digital Business Law
    AU Small Finance Bank Savings Accounts: Competitive Interest Rates, Zero-Balance Digital Account Opening and 24x7 Mobile Banking
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    Govt hikes windfall gains tax on petrol, diesel, ATF exports
    No guidelines to regulate online astrology platforms: Consumer affairs department to CIC
    Yellow.ai, a Global Leader in Enterprise Agentic AI, to Go Public via $550 Million Merger with Bluerock Acquisition Corp.
    Shri Piyush Goyal Invites Indian and Uzbek Businesses to Co-invest and Co-manufacture; Calls for Doubling Bilateral Trade at India-Uzbekistan Business...
    Every ₹1 invested under Kisan Credit Card– Modified Interest Subvention Scheme (KCC-MISS) contributes ₹2.30 to net value addition in the...
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    August 4, 2026
    Show AI Summary
    Fuel-price volatility mitigation will combine fiscal measures, consumer protection, energy security and fiscal sustainability during external energy shocks.
    Fuel-price volatility is to be mitigated through fiscal and administrative measures that protect consumers while maintaining fiscal sustainability. The approach includes monitoring revenue and expenditure, reprioritising spending, and using fiscal measures when economic conditions require. Reduced central excise duty on petrol and diesel moderated the impact of elevated international crude prices and partly offset under-recoveries of public-sector oil marketing companies. Longer-term measures include revenue mobilisation, import diversification, Strategic Petroleum Reserves, cleaner fuels and energy efficiency.
    August 4, 2026
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    Tax policy certainty reforms propose easier fund management, data-centre access, electronics incentives and revised electronic-payment charging rules.
    The proposed Bill seeks to simplify conditions for foreign investment funds using fund managers in India without being treated as carrying on business in India, while retaining safeguards against misuse and round-tripping. It proposes removal of approval requirements for foreign cloud companies using Indian data centres and permits leased operation of Indian data centres. It also extends tax support for foreign companies participating in electronics contract manufacturing and component warehousing, preserves tax-free dividends for REIT and InvIT investors in specified circumstances, and removes the prohibition on Merchant Discount Rate charges for notified electronic payment modes.
    August 4, 2026
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    Responsible precious-metals recycling supports recycled-gold products, organised buyback channels and a more self-reliant domestic supply chain.
    Responsible precious-metals recycling is promoted through a commemorative recycled-gold coin intended to support domestic recycling, responsible sourcing and a self-reliant supply chain. The product is described as having certified purity authentication, tamper-proof packaging, a unique identification number and an assayer-certified minted card. The initiative seeks to reduce dependence on imported gold and expand organised, transparent recycling infrastructure. An organised silver buyback programme is also described as supporting secure consumer sales and a circular economy for precious metals.
    August 4, 2026
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    Broad-based growth strategy links tax reforms, trade resilience, industrial support and services development to medium-term economic expansion.
    The growth strategy combines agricultural productivity, manufacturing, MSME support, infrastructure, logistics, ease of doing business, streamlined income-tax and GST reforms, innovation, digitalisation, human-capital development, energy security, public capital expenditure, foreign direct investment liberalisation, export promotion, fiscal prudence and price stability. Trade resilience is to be strengthened through expanded trade agreements, while manufacturing, services, agriculture and strategic sectors receive targeted policy support. The material also reports secured-asset enforcement cases and recoveries by banks under the SARFAESI framework during FY25.
    August 4, 2026
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    Co-operative bank governance and financial disclosure support digital transformation, risk management, priority-sector lending and sustainable member-focused growth.
    Co-operative bank governance and financial disclosure were addressed at the annual general meeting, where the member-notice agenda was transacted and audited financial statements were presented. The bank reported growth in business, deposits and advances, together with net profit, asset quality, provisioning coverage and capital adequacy indicators. Its operational priorities include digital transformation, risk management, selective network expansion, customer service and operational discipline. Future priorities include retail and priority-sector lending, MSMEs, affordable housing and institutional deposits.
    August 4, 2026
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    Foreign-exchange market conditions weakened the rupee as oil prices, domestic equities and dollar strength shaped near-term currency expectations.
    The rupee weakened against the US dollar amid elevated crude oil prices, weaker domestic equities and a stronger dollar index, while foreign fund inflows moderated the decline. Attention shifted to the central bank's monetary policy meeting, with continuation of the existing benchmark policy rate anticipated. Earlier measures encouraging overseas dollar deposits and facilitating foreign participation in government bonds were reported to support capital inflows and India's external position.
    August 4, 2026
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    MSME credit expansion combines SIDBI lending initiatives with guaranteed additional working-capital facilities for eligible borrowers.
    MSME credit access is being expanded through SIDBI's branch network, direct lending, refinance support, co-lending arrangements, affordable credit for informal micro-entrepreneurs, and invoice-based digital credit for micro enterprises. Emergency Credit Line Guarantee Scheme 5.0 enables eligible MSMEs to obtain additional credit linked to peak fund-based working-capital outstanding, with full guarantee coverage for member lending institutions against defaults on the additional facility. The scheme also covers scheduled passenger airlines under distinct eligibility and guarantee parameters.
    August 4, 2026
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    Furniture and interiors sourcing platform connects Indian manufacturers with domestic and international trade buyers through direct procurement opportunities.
    imm india 2026 is presented as a business-to-business sourcing platform linking Indian furniture, home de cor, rug, carpet, mattress and handicraft manufacturers with domestic and international trade buyers. It is intended to provide direct manufacturer access, design-led sourcing and project-scale procurement opportunities for architects, designers, retailers, hospitality professionals and real estate developers. The programme includes a hosted buyer initiative, industry conferences, knowledge sessions and awards addressing innovation, sustainability, craftsmanship and design.
    August 4, 2026
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    Financial literacy Olympiad builds students' practical understanding of mutual funds, financial planning, market concepts and responsible investment participation.
    Financial literacy and investment awareness are promoted through a nationwide, multi-level educational competition for undergraduate and postgraduate students. Participants are assessed on mutual funds, investment fundamentals, financial planning, market concepts and long-term wealth creation, with exposure to market-linked products including ETFs, portfolio management services, alternative investment funds and specialised investment funds. The initiative combines academic institutions and financial-sector participants to improve practical investment knowledge, informed decision-making and responsible participation in investment markets.
    August 4, 2026
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    WTO dispute settlement challenges test India's safeguards, agricultural support, technology tariffs and production-linked incentives across pending proceedings.
    Nine pending WTO disputes against India concern safeguard measures, sugar support and export schemes, information and communications technology tariffs, and technology-sector incentives. India contests the claims as consistent with its WTO rights and obligations. Appeals concerning iron and steel safeguards, sugar measures, and certain information and communications technology tariff reports remain pending, including because the WTO Appellate Body is non-functional. Other proceedings concern Chinese challenges to production-linked incentives, tariffs, and solar, automotive, renewable-energy and information-technology measures; one panel proceeding is ongoing and another panel has not been constituted.
    August 4, 2026
    Show AI Summary
    Digital business law and entrepreneurship education combine management, compliance and innovation training for technology-driven enterprise careers and ventures.
    The MBA programme integrates management education, entrepreneurial capability, digital business law, and legal and policy awareness for technology-driven enterprise. It addresses compliance, digital platforms, data-driven decision-making, artificial intelligence, digital transactions, intellectual property, cross-border commerce and evolving regulatory frameworks. The programme is designed for prospective founders, start-up professionals, transforming family businesses and careers in consulting, strategy, business development, policy-oriented enterprises and digital commerce, with industry-relevant entrepreneurship education and digital-first learning.
    August 4, 2026
    Show AI Summary
    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.
    August 4, 2026
    Show AI Summary
    Foreign-exchange market conditions supported a modest early rupee gain, while importer demand and policy data remained key factors.
    Foreign-exchange market conditions supported a marginal early appreciation of the rupee against the US dollar, led by broad US-dollar weakness, improved risk sentiment, lower oil-price levels and foreign portfolio inflows. Importer demand for dollars moderated the movement. Market direction remained linked to the forthcoming monetary-policy decision and US economic data, while reported central-bank activity was described as helping smooth currency volatility. The US dollar index, crude-oil movements, global supply expectations and domestic equity-market activity were relevant exchange-rate influences.
    August 4, 2026
    Show AI Summary
    Quality statistics drive statistical-system reform through administrative data, interoperable systems, stronger governance, and international cooperation for evidence-based policymaking.
    Quality statistics are advanced through modernised national statistical systems, administrative data, digital public infrastructure, and stronger data-governance and privacy standards. Cooperation among national statistical offices is intended to address data gaps through knowledge sharing, methodological harmonisation and statistical innovation. Discussions also emphasised digital dissemination, transformational statistical reforms, and the use of administrative data for timely, cost-effective and granular official statistics, supported by harmonised metadata, interoperable systems and institutional collaboration.
    August 4, 2026
    Show AI Summary
    Digital statistical modernisation strengthens survey quality, macroeconomic indicators, international standards alignment and infrastructure performance monitoring through standardised data systems.
    National statistical modernisation uses digital survey platforms with validation checks, AI-enabled support and multilingual interfaces, alongside short-duration surveys and administrative data to improve sampling and timely official statistics. Reforms include base revisions for Gross Domestic Product, Consumer Price Index and Index of Industrial Production; adoption of metadata, quality-assessment and classification standards; and alignment with international statistical principles and methodologies. Sustainable development indicators and infrastructure monitoring are supported through a national indicator framework, PAIMANA and a standardised performance dashboard.
    August 3, 2026
    Show AI Summary
    Windfall gains tax on petroleum exports increases to discourage exports and preserve domestic fuel availability during regional supply disruptions.
    Special additional excise duty on exports of petrol, diesel and aviation turbine fuel has been increased for the relevant fortnightly period, while existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall gains tax is intended to preserve domestic availability of petroleum products during the West Asia crisis and prevent exporters from benefiting unduly from price differences linked to elevated global crude oil prices.
    August 3, 2026
    Show AI Summary
    Online Astrology Platform Regulation: consumer department reported no guidelines, while information requests required revised factual disclosures.
    Online astrology platforms were reported as lacking specific regulatory guidelines within the consumer affairs department. The RTI application sought information on alleged unfair trade practices, investigations, complaints, licences, approvals, and applicable rules. The National Consumer Helpline stated that it had not investigated because it functions as a grievance-resolution platform. A revised factual response was required on investigations and complaint data, while queries concerning regulation, licences, approvals, and related investigations were to be transferred to the public authorities likely to hold that information.
    August 3, 2026
    Show AI Summary
    Business combination disclosure outlines shareholder approval, registration requirements, financing conditions, and forward-looking risks for the proposed public listing.
    The proposed business combination would take Yellow.ai public through a definitive agreement with Bluerock Acquisition Corp., subject to customary closing conditions and shareholder approval. Bluerock intends to file a Form S-4 registration statement containing a proxy statement/prospectus for proxy solicitation and securities issuance in connection with the transaction. The communication is not an offer or solicitation and states that no securities offering may occur without compliance with applicable registration, qualification or exemption requirements. Transaction projections and anticipated benefits are forward-looking statements subject to material risks and uncertainties.
    August 3, 2026
    Show AI Summary
    Bilateral investment and trade facilitation drive proposed co-investment, digital cooperation and advanced manufacturing partnerships between Indian and Uzbek businesses.
    India-Uzbekistan cooperation is proposed through co-investment, co-manufacturing and co-innovation, supported by the Bilateral Investment Treaty to promote investor confidence and reciprocal investment. Priority sectors include mining, textiles, healthcare, agriculture, food processing, digital technologies and advanced manufacturing. Trade facilitation measures include reducing trade barriers, mutual recognition of standards, approvals, testing and certification, customs digitalisation and improved trade routes. Regulators and standard-setting bodies are expected to cooperate under a structured, time-bound economic partnership.
    August 3, 2026
    Show AI Summary
    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.

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      Hong Kong Weekender: Neha Dhupia And Angad Bedi’s Ultimate Family-friendly Itinerary

      April 3, 2025

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      Neha Dhupia and Angad Bedi are serving some serious travel inspo from their recent Hong Kong journey.

      “Hong Kong offers something for everyone, from breathtaking sights and cultural experiences to kid-friendly activities. It is also a paradise for foodies and shopaholics, thanks to its diverse culinary and retail scene. The best part? It is visa-free for Indians,” recalls Neha Dhupia from her recent Hong Kong exploration.

      Indoor And Outdoor Adventures For The Little Ones From thrilling tram rides to hands-on noodle making fun, Hong Kong turned into the ultimate playground for the Dhupia-Bedi clan.

      The Peak Tram: For Scenic Rides With A View The family kicked off their Hong Kong escapade with a thrilling ride on the Peak Tram, a must-do experience to witness surreal views of the city.

      One of the world’s oldest funicular railways, this 10-minute journey to Victoria Peak offers a breathtaking visual experience, making Hong Kong’s skyscrapers appear to shrink as you ascend.

      Monopoly Dreams: To Witness The Game Come To Life Monopoly Dreams, the world’s first Monopoly-themed attraction, was a hit with the kids (and yes, the grown-ups too!).

      If you have spent countless hours playing Monopoly, this is your chance to experience it in real life. From walking through streets inspired by the game to a thrilling note shower at the Monopoly Bank, the interactive fun is endless.

      Ding Ding Tram: For A Nostalgic Ride No Hong Kong experience is complete without hopping onto the Ding Ding Tram, a vintage double-decker streetcar. Hopping on the Ding Ding Tram is one of the best ways to soak in the city’s vibrant streets.

      Cup Noodles Museum: For Creative Culinary Fun For a hands-on experience, the family visited the Cup Noodles Museum, where they got all creative with their experiential workshops, customising their noodle cups and granola bowls.

      This is your chance to introduce your kids to Momofuku Ando, the founder of Nissin Foods and inventor of instant ramen.

      A Shopper’s Paradise Hong Kong is a shopper’s paradise, and Neha and Angad made sure to indulge in some retail therapy.

      Citygate Outlets: For Unbeatable Deals At Citygate Outlets, Neha couldn’t resist the incredible deals. With over 150 world-renowned brands offering discounts up to 90%, this outlet mall is a must-visit for bargain hunters.

      Tai O Fishing Village: For A Local Shopping Experience For a more rustic shopping experience, the Tai O Fishing Village, known as the “Venice of Hong Kong” comes recommended.

      The village is known for its unique souvenirs, with shops selling dried seafood, shrimp pastes, and locally made sauces, the perfect picks to bring back home a taste of Hong Kong.

      ​ For a hands-on experience, the family visited the Cup Noodles Museum, where they got all creative with their experiential workshops, customising their noodle cups and granola bowls.

      A Cultural Destination Like No Other Hong Kong isn’t all about glitz and glamour, it also has a cultural side that one can immerse in.

      Tian Tan Buddha and Wisdom Path: For Spiritual Serenity A highlight of Neha and Angad’s trip was visiting Tian Tan Buddha, also known as the Big Buddha, perched atop a lotus on Lantau Island.

      This majestic statue, surrounded by six smaller figures representing the Six Perfections of life, offers both impressive views and a soul-soothing experience. After climbing 258 steps to the Buddha, the family walked the Wisdom Path, where 38 wooden pillars inscribed with the Heart Sutra prayer stand tall.

      A Gastronomic Heaven Hong Kong’s culinary scene is diverse, and the foodie family couldn’t get enough of the delicious revelation.

      Po Lin Monastery: Sacred Feast For The Soul The family relished lunch at Po Lin Monastery, indulging in a vegetarian feast featuring vegetable-packed soup, crispy spring rolls, stir-fried greens, yam fritters, and soothing tea.

      From authentic cultural experiences like rinsing crockery and chopsticks with hot tea at the table to being served the freshest, most flavourful dishes, vegetarian travellers feel right at home here.

      Citygate Outlet: For Quick Bites During their visit to the mall, the family took a quick snack break at Blue Bottle Cafe, savouring avocado toasts bursting with flavour, alongside banana breads, waffles, and hot beverages.

      “People think there are no veggie options in Hong Kong, but honestly, every fine-dine, every kiosk, they all have fantastic vegetarian choices. It is a burst of flavours!” she shares.

      Seafood at SaiKung: For Fresh Feast By The Sea Seafood lovers have plenty to look forward to as well. At Sai Kung, the family enjoyed a lavish seafood feast, right by the sea.

      That fresh catch experience comes live at Sai Kung with a wide variety of seafood to choose from.

      Michelin-Star Meal: For A Luxe Experience Neha and Angad indulged in a world-class fine-dining experience at Petrus, located in the Shangri-La.

      The city boasts an array of Michelin-star restaurants for you to enjoy an exceptional fine-dining experience in Hong Kong.

      A Blissful Getaway Beyond the fun and adventure, Hong Kong also offers tranquil moments for you to unwind.

      Aqua Luna: For A Magical Evening Neha and Angad took a break from their parenting duties and enjoyed a romantic cruise aboard Aqua Luna, a vintage Chinese junk boat.

      Sailing across Victoria Harbour aboard Aqua Luna is one of the best ways to witness the city’s breathtaking beauty at night.

      Sharp Island: To Explore Hong Kong’s Hidden Gem Neha and Angad’s final stop was Sharp Island, located just off the coast of Sai Kung town. A short boat ride got them to this hidden paradise, where sandy shores and clear waters awaited.

      Known as the most convenient Geopark attraction in Hong Kong, Sharp Island offers beautiful beaches, clear waters, a short hiking trail, and volcanic remnants.

      Whether you are hunting for adventures, cultural gems, or luxury experiences, Hong Kong wraps it all into one perfect family holiday. So, this summer, let Hong Kong be your family’s next memorable adventure! Click here to learn more about Hong Kong (Disclaimer: The above press release comes to you under an arrangement with Mediawire and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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