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    Nagaland tax revenue rises to Rs 1,597 crore in FY'26
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    August 10, 2026
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    GST revenue collection drives tax growth while data scrutiny, taxpayer verification, and compliance capacity remain key administrative priorities.
    GST constituted the principal component of tax revenue for the 2025-26 fiscal year. Tax administration faces staff shortages, information-technology upgrade needs, and increased workloads from taxpayer registrations and return filings. Compliance oversight requires GST data scrutiny, risk assessment, identification of unregistered taxpayers, tax-evasion detection, and field verification of high-risk taxpayers. Long-term revenue planning sets progressively higher collection targets through 2063.
    August 10, 2026
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    Russian crude imports reshape India's refining trade as processed petroleum products reach sanctioning jurisdictions despite import restrictions.
    Indian imports of Russian crude oil reached a second consecutive monthly record in July 2026, with Russian crude forming the dominant share of India's Russian fossil-fuel purchases and more than half of total crude imports. Higher receipts through smaller terminals offset reduced volumes at Paradip. Indian refineries processing Russian crude also exported refined petroleum products to sanctioning jurisdictions, including the European Union, Australia and the United States, despite the European Union prohibition on imports of oil products made from Russian crude.
    August 10, 2026
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    Cyber-fraud through stolen phones allegedly used mule accounts, banking credentials and coordinated technical operations to divert victims' funds.
    Investigation into unauthorised withdrawals after theft of a mobile phone uncovered an alleged interstate cyber-fraud network using stolen devices, linked banking credentials and mule bank accounts. The scheme allegedly involved phone theft, supply of accounts and banking instruments, and a technical operation that accessed victims' accounts and routed funds for withdrawal or transfer. Digital surveillance, transaction mapping, seized devices, victim data and transaction records are being examined to identify linked complaints and the extent of funds allegedly diverted.
    August 10, 2026
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    Rupee depreciation reflected stronger dollar, elevated crude prices and geopolitical uncertainty, while portfolio inflows and equity gains provided support.
    The rupee depreciated against the US dollar amid a stronger dollar, higher global crude oil prices and uncertainty surrounding West Asia-related negotiations. Concerns over crude oil's potential impact on the trade deficit weighed on the currency, while positive domestic equity markets and foreign portfolio investment inflows provided support. Market caution remained focused on forthcoming US inflation data, dollar-index movements and Brent crude prices. Foreign-exchange reserves increased during the reported period.
    August 10, 2026
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    Collateral-free personal loans offer extended repayment flexibility, conditional reward benefits, and online application subject to eligibility and disbursal requirements.
    Loan Utsav 2026 provides eligible Bajaj Finance Personal Loan applicants an exclusive reward bundle where the loan is successfully disbursed during the campaign period. The collateral-free facility supports personal expenses, offers repayment tenures from 12 to 108 months, and may enable lower monthly EMI obligations through a longer selected tenure. Interest rates depend on eligibility, credit assessment, financial profile and lending criteria. Online applications require personal and financial details and required documents, with disbursal for eligible applicants possible after verification and approval.
    August 10, 2026
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    Credit card payment flexibility supports seasonal shopping and travel through eligible EMIs, rewards, tracking tools and conditional merchant benefits.
    Credit-card spending features include conversion of eligible purchases into EMIs, selected no-cost EMI options, reward points, cashback, merchant discounts and payment flexibility. Travel-related benefits may include domestic airport lounge access, travel-booking discounts, fuel-surcharge waiver and anniversary-linked rewards. The AU 0101 application enables transaction tracking, balance and interest-rate monitoring, EMI conversion and bill-payment management. Features and offers are subject to change, customer eligibility, internal policies and partner-merchant terms.
    August 10, 2026
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    Foreign-exchange market conditions weakened the rupee as stronger dollar and crude prices offset support from reserve growth and inflows.
    Foreign-exchange market conditions saw the rupee weaken against the US dollar in early trading, influenced by a stronger dollar and higher global crude oil prices. Foreign institutional equity inflows and increased foreign-exchange reserves moderated pressure on the rupee. Market attention remained focused on developments in West Asia and the Reserve Bank of India, alongside movements in the dollar index, crude oil prices and domestic equity markets.
    August 10, 2026
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    GI-tagged Mithila Makhana export facilitation expands sea-route market access while supporting quality compliance and farmer-linked value chains.
    Export facilitation for GI-tagged Mithila Makhana enabled the first commercial sea-route shipment from Bihar to Australia. APEDA, in association with the Bihar agriculture department, supported market access, coordination, capacity building and stakeholder engagement. The export model is intended to improve farmer price realisation, require adherence to global quality standards, and strengthen growers, processors and exporters. A separate HS Code for Makhana has taken effect under the Finance Bill, 2025, supporting product-specific trade classification.
    August 10, 2026
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    Startup ecosystem support expands through digital payments, cloud access, AI innovation, investment readiness, governance support and global market programmes.
    DPIIT has entered into strategic MoUs to support DPIIT-recognised startups through payment infrastructure, entrepreneurship development, cloud technology, mobility innovation, investment readiness and global-market access. Eligible startups may receive payment and cloud support, technical training, mentorship, startup formalisation assistance, market and investor connections, AI and mobility enablement, and programmes addressing governance, financial readiness, compliance and international expansion. The collaborations promote innovation across digital payments, clean energy, artificial intelligence, climate technology, advanced manufacturing, mobility and automotive technology.
    August 10, 2026
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    UPI transaction charges remain unavailable for consumers and person-to-person payments, while limited threshold-based merchant MDR may be considered.
    Proposed amendment of section 10A of the Payment and Settlement Systems Act, 2007 is intended to support UPI sustainability, technological advancement and resilience. Consumer payments and person-to-person transactions are to remain free. Any future merchant discount rate would apply only to limited merchant transactions above a threshold, at a nominal rate, while most merchant transactions remain free. The framework supports investment in cybersecurity, fraud prevention and infrastructure, alongside a self-sustaining and inclusive digital-payment ecosystem.
    August 10, 2026
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    Fair competition cooperation in renewable energy markets advances knowledge-sharing and evidence-based enforcement across interconnected digital and energy markets.
    BRICS competition authorities adopted a Joint Statement strengthening cooperation to promote fair competition, including in renewable energy markets. Cooperation focuses on dialogue, knowledge-sharing and consideration of cross-border competition challenges in digital markets, emerging technologies and the energy transition. Competition enforcement is to remain principled and evidence-based, supporting efficiency, consumer welfare, innovation and merit-based competition. A collaborative renewable-energy competition study identified evolving market dynamics and areas for future cooperation.
    August 10, 2026
    Show AI Summary
    Cost optimisation in public finance strengthens investment decisions, risk allocation, indigenous manufacturing and value-driven government expenditure through specialised financial expertise.
    ICoAS cost optimisation supports public financial management through prudent resource utilisation, financial oversight and improved cost management across government. Its role includes supporting indigenous manufacturing, better investment decisions, efficient public expenditure and maximum value for public spending. With greater private-sector participation and Public-Private Partnerships, ICoAS officers are expected to promote cost efficiency, appropriate risk allocation and sound project structuring. Capacity building emphasises integrity, financial modelling, data visualisation, analytical frameworks and artificial intelligence for improved public-finance management.
    August 9, 2026
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    Co-operative development financing would expand through direct assistance, share-capital participation and wider operational powers for sectoral support.
    National Cooperative Development Corporation (Amendment) Bill, 2026 proposes to broaden the Corporation's mandate to promote co-operative development. It would permit direct loans and grants to co-operative societies and other entities engaged in co-operative development, where funds are used for co-operative purposes. With Central Government approval, the Corporation could participate in the share capital of such entities. The proposals also expand the meaning of foodstuffs, remove geographical restrictions for industrial-goods assistance, and provide additional functional powers.
    August 9, 2026
    Show AI Summary
    GST compliance failures and electricity subsidy controls raise allegations of financial irregularities and potential losses to the public exchequer.
    Allegations based on a Comptroller and Auditor General report identified purported GST compliance failures involving outstanding tax liabilities, e-way bills generated after cancellation of GST registrations, limited bill scrutiny, non-compliance, and turnover mismatches. The allegations also concerned electricity subsidies extended to consumers with prolonged zero bills or apparent non-residence, presenting these issues as possible financial irregularities and losses to the public exchequer.
    August 9, 2026
    Show AI Summary
    Money-laundering prosecution complaints allege fund diversion through shell entities, credit-facility evergreening, layered transactions and fictitious project expenditure.
    Money-laundering prosecution complaints allege that funds from toll-road projects and credit facilities were diverted through group companies, contractors, shell entities and conduit accounts. In the toll-road matter, allegedly sham or back-dated subcontracting arrangements and subsequent documentation were used to portray transfers as genuine project expenditure. In the credit-facilities matter, fresh facilities were allegedly used to repay, rotate and evergreen earlier liabilities rather than for sanctioned end-use, with funds layered and presented as legitimate business expenditure or receipts. Attached assets are sought to be confiscated as alleged proceeds of crime.
    August 9, 2026
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    Direct Benefit Transfer pension disbursement replaces cooperative-bank doorstep delivery, while preserving home payments for beneficiaries unable to use bank accounts.
    Direct Benefit Transfer of social security and welfare pensions to Aadhaar-linked bank accounts is intended to replace cooperative-bank doorstep delivery, except for bedridden and similarly situated beneficiaries. The change addresses delays in remitting undistributed pensions, deficient record updates and reconciliation, duplicate payments, delivery incentives, and compliance with Direct Benefit Transfer norms. Criticism focuses on beneficiary access to linked commercial-bank accounts, possible minimum-balance deductions, exclusion of cooperative banks, and the effect on doorstep-delivery workers.
    August 8, 2026
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    Engineering business growth supported Raymond's first-quarter performance, with export expansion, capacity investment and net-debt-free financial flexibility.
    Raymond Limited reported unaudited first-quarter FY27 growth in total income, EBITDA and profit before tax before exceptional items, while remaining net-debt-free with a net cash surplus. Its Engineering business comprises Precision Technology & Auto Components and Aerospace & Defence. Growth in the former was attributed to export expansion, operating leverage, product mix and cost reductions. Aerospace & Defence growth was linked to production for global OEMs, portfolio expansion and increased capacity, although margins were affected by targeted research and development investment. Forward-looking statements remain subject to regulatory, political, economic and technological risks.
    August 8, 2026
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    Savings account selection requires comparison of effective interest, fees, digital service, access, and individual banking needs.
    Savings-account selection should compare effective interest returns under slab-based rates, recurring operating charges and the customer's actual banking needs. Net value depends not only on advertised rates but also on relevant minimum-balance, card, ATM, alert and transfer fees. Digital reliability, customer support, branch availability and ATM access should be assessed according to the customer's average balance, cash use, transfer frequency, travel patterns and need for in-person assistance. The suitable account is one that matches real banking behaviour.
    August 8, 2026
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    Urban cooperative bank regulation promotes licensing, governance, compliance support and cybersecurity measures to strengthen stability and depositor confidence.
    Urban cooperative banks are encouraged to recognise regulatory support through liberalised branch opening, doorstep banking, demand drafts, life certificates, dedicated regulatory coordination, enhanced gold-loan limits, one-time settlements and progress towards on-tap licensing. Sound governance is material to sectoral stability, while small-borrower lending is presented as a comparatively safe lending segment. The umbrella body can support member banks through technical expertise, compliance assistance, cybersecurity solutions and participation in a security operations centre to strengthen depositor confidence.
    August 8, 2026
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    Korean food export promotion combines buyer consultations, regulatory guidance and consumer experiences to support entry into Indian and South Asian markets.
    Korean food export promotion in India and South Asia combined business consultations with consumer-facing activities. Individual meetings connected Korean exporters with regional buyers and generated memoranda of understanding for products including frozen gimbap, ginseng wine and kombucha. Exporters received on-site guidance concerning non-tariff barriers, including food import customs clearance and certification requirements. Preparatory online sessions addressed import procedures, regulatory matters and consumer trends, while consumer events promoted Korean food through tasting, retail and experiential activities.

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      JIPSI and Dr. Gaurav Kant Sharma: Revolutionizing Sports Injury Treatment for Athletes

      April 4, 2025

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      A New Era in Non-surgical treatment of Sports Injury and Pain Management Jaipur (Rajasthan) [India], April 3: The Jaipur Institute of Pain and Sports Injuries (JIPSI), under the expert leadership of Dr. Gaurav Kant Sharma, is pioneering a new approach to sports injury treatment. With a commitment to cutting-edge, non-surgical treatments, JIPSI has become a beacon of hope for athletes looking to recover quickly and return to peak performance. By combining advanced Sports & musculoskeletal radiology, Sports Interventions including regenerative medicine (Orthobiologics) , and sports rehabilitation, JIPSI is setting a new standard in athlete-focused care.

      Athletes across the country from various sports, from professional players to fitness enthusiasts and weekend warriors, often struggle with sports injuries that threaten and often shorten their careers and hamper active lifestyles. Not every injury gets better with rehabilitation and not every injury requires surgery, that’s where JIPSI’s expertise help athletes from ensuring a quick precise diagnosis to offering complete end to end non-surgical treatment of Injuries using advanced therapies that reduce downtime, accelerate healing, enhance performance and ensuring an early Return to Play (RTP).

      The Vision: Restoring Athletes to Peak Performance JIPSI’s philosophy is built on a simple yet powerful vision: to ensure that no athlete’s career is compromised due to injury. Whether it’s a partially torn ligament, an unhealed stress fracture, or chronic joint pain, JIPSI offers tailored, patient-specific treatment plans that focus on fast healing, rehabilitation, and long-term recovery including guidance on preventing similar injuries in future.

      Dr. Gaurav Kant Sharma, an internationally renowned expert in musculoskeletal and sports radiology, leads the way in developing new, effective treatment methods. His innovative techniques, including internationally acclaimed Gaurav-botchu technique for treatment of frozen shoulder, GIBPS technique for treatment of shoulder pain and various other minimally invasive and regenerative therapies, have already helped thousands of athletes return to competition faster and stronger than ever before.

      “We are not just treating injuries; we are helping athletes regain their confidence, strength, and enabling them to compete at the highest level,” says Dr. Gaurav Kant Sharma. “At JIPSI, we combine scientific innovation with compassionate care, ensuring that every patient receives the most effective, evidence-based treatment available.” A Game-Changer for Athletes: The JIPSI Approach JIPSI stands out from conventional treatment centers due to its multidisciplinary and minimally invasive approach including regenerative medicine. Athletes receive care from an elite team of specialists, including interventional pain management doctors, Sports Interventional radiologists, and sports physiotherapists, all working together as a single team under one roof. This collaborative treatment model ensures that every athlete benefits from early and accurate diagnosis of their injuries, effective treatment, and comprehensive rehabilitation.

      Advanced Non-Surgical Treatments for Sports Injuries JIPSI specializes in treating a wide range of sports injuries without the need for surgery, including: • Ankle Sprains– Quick recovery protocols that prevent long-term instability • Partial rotator cuff tears – Regenerative therapies that aid in healing without the need for surgery • Plantar Fasciitis and Achilles tendon degeneration– Targeted interventions for lasting pain relief • Tennis Elbow/Golfer’s elbow– Non-invasive treatments to restore strength and mobility -Non-healing stress fracture, Nonunion of fractures and cartilage defects.

      • Rotator Cuff Injuries– Ultrasound-guided therapies for precise healing • Hamstring and adductor Injuries– Comprehensive rehab strategies and interventions The entire list of the sports injuries which can be treated with minimally invasive interventions is exhaustive.

      With the latest in diagnostic imaging, including expert interpretation of Musculoskeletal MRI and simple Musculoskeletal Ultrasound, JIPSI ensures that injuries are diagnosed quickly and accurately. This allows for early intervention and faster recovery, a critical advantage for professional and competitive athletes.

      Regenerative Medicine: The Future of Sports Injury Treatment One of the most revolutionary aspects of JIPSI’s approach is its extensive use of regenerative medicine with Dr.Gaurav Kant Sharma being one of the pioneers in the country in field of Sports Interventions and regenerative interventions. JIPSI harnesses the body’s natural healing mechanisms through cutting-edge treatments such as: • Platelet-Rich Plasma (PRP) Therapy– Stimulates tissue repair and speeds up healing • Bone Marrow Aspirate Concentrate (BMAC)– Uses stem cells to regenerate damaged tissue, used to treat intermediate grade soft tissue injuries and unhealed stress fractures of tibia, pars interarticularis etc.

      MFAT (Microfragmented adipose tissue) – Processed Fat obtained from abdominal wall is an excellent source of autologous mesenchymal stem cells and excellent Orthobiologic for tissue regeneration.

      • Stem Cell Injections(Allogenic) - A groundbreaking therapy that promotes recovery at the cellular level.

      These treatments reduce inflammation, accelerate and restart tissue regeneration, and restore function and strength of the damaged tissue, allowing athletes to return to competition.

      The Gaurav Botchu Technique: A Breakthrough in Shoulder Injury Treatment One of Dr. Gaurav Kant Sharma’s most significant contributions to medicine is the Gaurav Botchu Technique, a novel approach for treating frozen shoulder. Published in the Journal of Ultrasonography from Poland, this technique provides immediate pain relief and restores mobility of shoulder, making it a game-changer for athletes with frozen shoulder. Similarly GIBPS technique is another internationally published technique done by Dr.Gaurav Kant Sharma for treatment of shoulder pain.

      “We are constantly innovating to find better solutions for our patients,” explains Dr. Sharma. “The Gaurav Botchu Technique is just one example of how advanced medical science can offer quick, effective, and minimally invasive solutions to complex musculoskeletal issues.” Beyond Injury Treatment: Optimizing Athletic Performance At JIPSI, the focus is not only on injury recovery but also on enhancing athletic performance. Many athletes seek treatment to prevent injuries and optimize their physical condition, and JIPSI provides personalized rehabilitation and strength programs to help them stay at their peak.

      • Performance Optimization: Tailored training programs to enhance strength and mobility • Biomechanical Assessments: Advanced imaging to detect and correct movement imbalances • Preventive Care: Proactive treatment strategies to reduce injury risks By addressing both injury recovery and performance enhancement, JIPSI ensures that athletes stay competitive, resilient, and injury-free.

      Why Athletes Choose JIPSI JIPSI has rapidly become one of India’s leading centers for sports injury treatment and pain management. Here’s why athletes from all over the country from all possible sports trust Dr. Gaurav Kant Sharma and his team: - Internationally Trained Experts– JIPSI’s specialists have received advanced training in pain management, radiology, and sports rehabilitation.

      - State-of-the-Art Technology– From expert interpretation of MSK MRI and Musculoskeletal Ultrasound to Ultrasound and fluoroscopy-guided interventions, JIPSI ensures both precision and effectiveness.

      - Minimally Invasive, Non-Surgical Approach– Athletes recover faster and safer, without the long recovery time associated with surgery.

      - Proven Success– Thousands of patients have recovered and returned to their sport stronger than ever.

      - Personalized Treatment Plans– Every athlete receives a customized care plan based on their specific needs and degree of Injury, the patients are told to go and get operated if they are going to get better only with a surgery.

      Redefining Sports Medicine in India and Beyond JIPSI is more than just a sports injury institute—it is a hub of innovation, recovery, and athletic excellence. With its commitment to scientific advancement and compassionate patient care, JIPSI is poised to lead the future of sports medicine in India and beyond. JIPSI organized an International conference on Sports Injuries in Mauritius from 15-17th September 2023 – 1st International Musculoskeletal Summit (IMS) and is organizing the second edition of the event in Mauritius again from 26-28th September 2025. Dr.Gaurav is an International medical speaker and teaches and trains doctors all over India and across the world in various Sports & Musculoskeletal radiology meetings and training programs.

      Dr. Gaurav Kant Sharma and his team continue to push the boundaries of medical science in field of Sports & Musculoskeletal Radiology, ensuring that athletes at every level have access to the best possible care. Whether you are an elite competitor, a weekend warrior, or someone passionate about an active lifestyle, JIPSI is dedicated to helping you stay in the game and perform at your best.

      The partnership between JIPSI and Dr. Gaurav Kant Sharma is transforming the landscape of sports injury treatment. By integrating cutting-edge technology, regenerative medicine, and a holistic rehabilitation approach, they are ensuring that athletes recover faster, perform better, and stay injury-free.

      If you are an athlete seeking world-class, non-surgical injury treatment, JIPSI is your destination. With a track record of excellence, innovation, and success, and most importantly approach of always keeping patient first, JIPSI stands as India’s premier center for sports medicine and pain management. Please visit for more information : https://www.jipsi.in/ (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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