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    ACE Software Posts Earnings Turnaround; Standalone Profit Before Tax Up 43% YoY
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    August 3, 2026
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    Quarterly financial performance reflects revenue growth, improved standalone profitability, and continued investment in AI-led digital technology platforms.
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    MSME delayed-payment reforms strengthen award recovery, faster dispute adjudication, invoice discounting, and interim supplier payment protection.
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    August 3, 2026
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    Monetary policy rate setting remains cautious as inflation, liquidity, growth and global uncertainty shape the policy stance.
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    August 3, 2026
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    Forward-looking financial disclosure raises revenue and earnings guidance while describing non-GAAP measures, capital allocation, and material business risks.
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    August 3, 2026
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    Counterfeit drug enforcement targets illicit manufacture, storage and trafficking networks, with coordinated seizures and referral of non-narcotic stock.
    Counterfeit-drug enforcement under Operation Vajra addressed an inter-state network involved in the illicit manufacture, storage and distribution of narcotic drugs, psychotropic substances and spurious pharmaceutical products. Searches of unregistered godowns recovered narcotic products, unauthorisedly manufactured Buprenorphine injection ampoules, and counterfeit non-NDPS medicines. A farmhouse-based illicit manufacturing facility was dismantled, with machinery, chemicals and related materials seized under the NDPS Act, 1985.
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    Intelligence-led anti-smuggling operations resulted in seizures of foreign-origin gold, narcotic drugs, hydroponic weed, protected wildlife and forest products, prohibited electronic cigarettes, and restricted poppy seeds and areca nuts. The operations identified concealment through fabricated baggage cavities, false cargo declarations, misdeclaration of origin, forged documentation, and concealment in transport vehicles. Poppy seeds are restricted under the Foreign Trade Policy and may be imported only subject to conditions concerning legally cultivated produce from designated countries and registration of import contracts with the Narcotics Commissioner.
    August 3, 2026
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    Tax devolution advance instalment strengthens State finances for accelerated capital and developmental expenditure through distribution of Union tax proceeds.
    Tax devolution was released to State Governments as an additional advance instalment alongside the normal monthly devolution schedule. The fiscal transfer shares net proceeds of Union taxes and duties with States, with the stated purpose of strengthening State finances and supporting accelerated capital and developmental expenditure. The release includes a State-wise distribution of tax-devolution proceeds.
    August 3, 2026
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    Financial performance reporting highlights revenue and EBITDA growth, garmenting recovery, retail optimisation, ESG commitments, and forward-looking risk disclosures.
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    Gold smuggling detection targets sophisticated concealment methods through strengthened passenger profiling, intelligence gathering and coordinated investigations into organised networks.
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    August 1, 2026
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    August 1, 2026
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    Economic-offences fraud chargesheets address alleged fictitious loans, forged insurance surrender papers, and diversion of bank and policy funds.
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    August 1, 2026
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    PM Vishwakarma Scheme implementation expands artisan enrolment, skills, credit, e-commerce access and export facilitation while addressing documentation barriers.
    PM Vishwakarma Scheme implementation in Delhi facilitated artisan enrolment, application processing, skill training, toolkit distribution, loan access, e-commerce onboarding and export-related support. Awareness workshops and tele-calling campaigns were used to promote participation and follow up on benefits. Key implementation challenges concerned outreach to informal clusters, digital literacy, delays in Aadhaar and IEC documentation, and additional support for Divyang artisans. Planned action includes expanding workshops, scaling e-commerce onboarding, strengthening export facilitation and coordination with implementing agencies.
    August 1, 2026
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    Goods and Services Tax collections rise on domestic consumption and imports, while elevated import revenue prompts assessment of underlying drivers.
    Goods and Services Tax collections for July increased over the corresponding prior-year period, supported by domestic sales and imports. Gross receipts included Central GST, State GST and Integrated GST, with net GST revenue calculated after adjusting refunds. For the April-July period, gross and net collections also increased. Commentary linked domestic GST growth to consumption, formalisation and industrial activity, while identifying elevated import GST collections as an area requiring assessment of import composition, currency effects and volumes.
    August 1, 2026
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    GST revenue collections show provisional gross, refund and net revenue trends, with State-wise settlement and domestic collection data.
    GST revenue collections for July 2026 are reported provisionally through gross domestic and import revenue, domestic and export-related refunds, and net GST revenue after refunds. The data also sets out SGST collections and the SGST share of IGST settled to States and Union Territories, both monthly and cumulatively. State-wise domestic GST growth excludes GST on imported goods, while jurisdiction-wise data allocates collections between central and State formations and identifies CGST, SGST and IGST components.
    August 1, 2026
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    Bilateral trade cooperation expands through a Joint Trade Committee covering investment, critical minerals, healthcare, digital technologies and market access.
    Bilateral trade and investment cooperation between India and Rwanda is to be advanced through a structured Joint Trade Committee mechanism for reviewing commerce, diversifying trade, promoting investment, facilitating business engagement and addressing market-access and logistical issues. Priority cooperation includes critical minerals, pharmaceuticals and healthcare, agriculture and agro-processing, standards harmonisation, digital public infrastructure, fintech, cybersecurity, green mobility and renewable energy. Investment focal points will support engagement, while capacity-building assistance and close monitoring of the Agreed Minutes are intended to support time-bound implementation.

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      AB-PMJAY an assurance scheme, built on trust: Nadda as Delhi govt inks MoU for its rollout

      April 5, 2025

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      New Delhi, Apr 5 (PTI) The BJP-led Delhi government inked an MoU with the Centre on Saturday to implement the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana, with Union Health Minister J P Nadda terming it an "assurance scheme" and not an insurance scheme as it is "built on trust".

      He hit out the previous AAP dispensation, accusing it of depriving the residents of the national capital of the benefits of the scheme due to its "arrogance".

      With the signing of the Memorandum of Understanding (MoU), Delhi has become the 35th state/Union Territory to implement the scheme. West Bengal is now the only state which has not implemented it.

      Delhi Chief Minister Rekha Gupta announced that around 2.35 lakh families will be covered in the first phase and Ayushman Bharat cards will be distributed from April 10.

      Under Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), eligible families in Delhi will receive an annual health coverage of up to Rs 10 lakh -- Rs 5 lakh from the Centre and the same amount as a top-up from the Delhi government.

      Nadda said it was a historic day as what Modi ji envisioned around seven years ago was finally being implemented in the national capital.

      Terming AB-PMJAY the world's largest health coverage programme, Nadda said, "It is not an insurance scheme. It is an assurance scheme as it is built on trust." "You do not have to go to any insurance company and show them any certificate or document stating you have undergone treatment for them to then verify the facts.

      "No, it is a health assurance scheme that runs on trust. You will get admitted and treated. You will then get an SMS asking if you are satisfied with your treatment and have been discharged. Immediately, the government will transfer the money to that hospital," the Union health minister explained.

      Highlighting the impact of this scheme, Nadda said that the out-of-pocket expenditure has declined from around 62 per cent in 2014 to 38 per cent.

      Citing a recent Lancet study, he underlined that timely cancer treatment initiation has improved significantly because of AB-PMJAY. "Patients enrolled under it saw a 90 per cent rise in access to cancer treatment within 30 days," he said.

      The Union health minister said with the implementation of the scheme in Delhi, 6.54 lakh eligible families in Delhi, which amount to around 30 lakh individuals, will receive an annual health coverage of up to Rs 10 lakh.

      Besides, around 6 lakh people aged 70 years and above, irrespective of their economic status, will get Rs 5 lakh of annual coverage under the Ayushman Vay Vandana scheme that was launched in November last year, he added.

      Training guns at the previous AAP government, Nadda said that till one-and-half months ago, there were accusations that the Centre was not helping them and was being unjust towards Delhi.

      "We have to understand the fallout of right and wrong decisions in politics. The outcome of your (Delhiites) wrong decision (of voting for AAP) was that you were deprived of what should have rightfully yours due to Arvind Kejriwal's ego." He said the Centre had been "urging the (AAP-led) Delhi government to implement the scheme, but they refused. It was said that Modiji would need a rebirth (to implement the scheme in Delhi). The result was that Delhiites trounced him in this election," Nadda said.

      He said this "arrogance" has caused much damage to Delhi's residents.

      Nadda also accused Delhi's previous health minister Saurabh Bharadwaj of not implementing the Pradhan Mantri Ayushman Bharat Health Infrastructure Mission (PM-ABHIM).

      He informed the gathering that the Delhi government will sign another MoU with the Centre on April 10 to implement PM-ABHIM. Following this, Rs 2,400 crore will be given to Delhi for its health infrastructure, the Union minister said.

      Holding up his index finger, Nadda said there is a lot of power in it. "When it presses the right button (during elections), what people get is AB-PMJAY and PM-ABHIM. If the wrong button is pressed, liquor is distributed instead of medicines." Chief Minister Gupta thanked the Centre, Prime Minister Narendra Modi and Nadda for implementing the scheme in the national capital.

      "This scheme, which is a lifeline for Delhiites, could not be implemented (till now) due to the conspiracy of the previous government. Delhi was an example of how citizens suffer when Central and state governments do not work in tandem towards the same goal," she said.

      Gupta alleged it was the previous AAP government's "stubbornness" that prevented the Centre's universal health coverage programme from being rolled out in Delhi whereas people in other states have been availing its benefits for the past several years.

      She said the scheme's beneficiaries in Delhi can also avail treatment in around 30,957 hospitals empanelled under AB-PMJAY across India.

      "We will complete building the 24 new hospitals that were left unfinished by the previous governments. We have allocated Rs 1,000 crore in the Delhi government's budget for that. This will add around 17,000 beds in Delhi's hospitals," she added.

      CM Gupta also thanked the Centre for the 400 new health and wellness centres that will begin operation in Delhi under the name Ayushman Arogya Mandir.

      The Ayushman Bharat scheme provides free and cashless treatment for 1,961 medical procedures across 27 specialities, covering the costs of medicines, diagnostic services, hospitalisation, ICU care, surgeries and more.

      The MoU was signed between the Delhi government and the National Health Authority in the presence of Nadda, CM Gupta and others. The National Health Authority is the apex body responsible for the implementation of the Ayushman Bharat health insurance scheme.

      The BJP, which came to power in Delhi in February after a gap of more than 26 years, approved the implementation of the scheme at its first cabinet meeting, right after Gupta and six of her ministers took the oath of office on February 20. PTI PLB NSD NSD

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