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    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...
    India achieves near-universal banking coverage, with 99.92% of inhabited villages now served by a banking outlet
    Rupee rises for 6th day, gains 12 paise to 95.31 against US dollar as crude drops
    ACE Software Posts Earnings Turnaround; Standalone Profit Before Tax Up 43% YoY
    Rajya Sabha passes bill to tackle payment delays faced by MSMEs amid Opposition protests
    MPC's 3-day meeting begins amid expectations of status quo on interest rates
    Trane Technologies Reports Strong Second Quarter Results; Raises Full-Year Revenue and EPS Guidance
    CBN dismantles inter-state counterfeit drug network in Bihar under Operation Vajra; mastermind arrested
    DRI seizes quantities of gold; drugs, e-cigarettes and other contraband in pan-India Ops; 20 persons, including 5 foreign nationals, arrested
    Union Government releases tax devolution of ₹1,09,019 crore to State Governments, as one advance instalment to accelerate their capital and deve...
    Raymond Lifestyle Limited Delivered a stable Q1 FY27 Performance
    Rupee rises 31 paise to 95.12 against US dollar in early trade
    Customs seizes 8 kg gold worth over Rs 11 cr at Kerala airports in one week
    Drill, Baby, Drill: India to fund Rs 650 cr per well for 60 deepsea wells to break its oil import habit
    Punjab GST revenue rises 20 pc to Rs 10,447 crore in April-July: Cheema
    India-China trade through Shipli La resumes after six years
    Odisha's export can reach USD 50 billion by FY 2029-30: Study
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    August 3, 2026
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    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
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    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
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    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
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    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.
    August 3, 2026
    Show AI Summary
    Banking inclusion expands rural access while digital credit systems and payment security controls address service delivery and cyber fraud.
    Banking inclusion is pursued by providing banking outlets within a five-kilometre radius of inhabited villages, with branch expansion permitted subject to rural-coverage requirements and continuing assessment of uncovered areas. Agricultural credit delivery uses digital loan, beneficiary-verification, processing and claim-settlement systems. Digital payment security measures require minimum controls for payment channels and include fraud-intelligence sharing, artificial-intelligence-based identification of money-mule activity, digital lending-app analysis, cyber-incident reporting, public awareness campaigns and electronic-banking training.
    August 3, 2026
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    Foreign exchange market movement strengthened the rupee as lower crude prices, investment inflows and improved risk sentiment provided support.
    Foreign exchange market movement saw the rupee strengthen for a sixth consecutive trading session against the US dollar, supported by declining global crude oil prices, a softer dollar, foreign institutional investment inflows and gains in domestic equity markets. Improved global risk sentiment followed the decision to defer planned US military strikes against Iran and allow diplomatic engagement. Renewed geopolitical tensions were identified as a factor that could limit further appreciation.
    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.
    Quarterly financial performance reported revenue growth in standalone and consolidated operations, higher standalone profit before tax, and a return to consolidated profitability. The company continues to invest in an AI-led, intellectual-property-driven digital technology strategy through enterprise software, SaaS platforms, digital commerce, cloud, data and AI solutions. Its priorities include scalable platforms, proprietary technology assets, recurring-revenue offerings, partnerships and selective acquisitions. Complete financial results, notes to accounts and regulatory disclosures are available through exchange filings and the company website.
    August 3, 2026
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    MSME delayed-payment reforms strengthen award recovery, faster dispute adjudication, invoice discounting, and interim supplier payment protection.
    MSME delayed-payment reforms seek faster adjudication, strengthened recovery and improved liquidity for enterprise suppliers. Courts may direct payment of at least half of an awarded amount where a setting-aside application remains pending beyond six months. Mediated settlements and arbitral awards may be recovered as arrears of land revenue and recognised as legally enforceable debts under the insolvency framework. The measures also provide graded penalties, voluntary digital registration, invoice settlement through the Trade Receivables Discounting System, and additional Facilitation Councils.
    August 3, 2026
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    Monetary policy rate setting remains cautious as inflation, liquidity, growth and global uncertainty shape the policy stance.
    Monetary policy rate setting is expected to remain cautious amid global uncertainty, rising inflation risks and steady domestic growth. The inflation outlook is affected by energy-price pass-through, higher input costs, and seasonal and monsoon-related food-price pressures. Policy decisions are expected to remain data-dependent, guided primarily by domestic inflation, liquidity conditions and economic growth. A cautious or neutral stance is identified as preferable while external risks and inflation developments persist.
    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.
    Financial performance reporting identifies increased bookings, revenue growth, continuing earnings, and backlog, with segment-level operating and margin measures. The release addresses cash flow, capital allocation through dividends, acquisitions and share repurchases, and increased full-year revenue and earnings guidance. Forward-looking statements concerning financial performance, operations, demand, liquidity and capital deployment are subject to identified risks and uncertainties. Non-GAAP measures are presented as supplemental to GAAP measures, with definitions and reconciliations stated to be available in accompanying materials.
    August 3, 2026
    Show AI Summary
    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.
    August 3, 2026
    Show AI Summary
    Anti-smuggling enforcement targets concealed gold, narcotics, protected products, prohibited e-cigarettes and restricted imports through coordinated intelligence operations.
    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
    Show AI Summary
    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
    Show AI Summary
    Financial performance reporting highlights revenue and EBITDA growth, garmenting recovery, retail optimisation, ESG commitments, and forward-looking risk disclosures.
    Financial performance reflects growth in total income and EBITDA, with improved margin, reduced net working-capital days, and a net-cash position. Branded textiles and high-value cotton shirting reported lower revenue due to the prior-year base effect, while branded apparel grew but faced lower margin from channel mix. Garmenting improved through order-book execution, tariff rationalisation, and new global clients. ESG priorities include female representation, waste-management initiatives, renewable energy, emissions reduction, and workplace safety. Forward-looking statements remain subject to regulatory, political, economic, and technological risks.
    August 3, 2026
    Show AI Summary
    Foreign exchange market support strengthens the rupee as lower crude prices, portfolio inflows and reserve growth improve sentiment.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar, attributed to lower global crude oil prices, a weaker dollar, sustained foreign portfolio inflows, higher foreign exchange reserves, and Reserve Bank of India presence in the foreign exchange market. Domestic equity market gains and net foreign institutional equity purchases were also identified as supporting factors.
    August 2, 2026
    Show AI Summary
    Gold smuggling detection targets sophisticated concealment methods through strengthened passenger profiling, intelligence gathering and coordinated investigations into organised networks.
    Gold smuggling detection at Kerala airports led to multiple seizures, registration of cases and arrests in alleged smuggling attempts. Organised networks reportedly use gold in paste or compound forms concealed in clothing, body cavities, aircraft seats and other unconventional locations. Enforcement measures include strengthened passenger profiling, intelligence gathering and inter-agency coordination, while investigations continue to identify associated syndicates and financiers.
    August 2, 2026
    Show AI Summary
    Offshore exploration funding supports deepwater drilling, shared infrastructure and seismic data to strengthen domestic hydrocarbon production potential.
    The Samudra Manthan National Offshore Exploration Scheme provides direct budgetary support for high-risk deepwater and ultra-deepwater exploratory drilling, subject to cost-sharing and per-well limits. Support is available to eligible operators holding or securing exploration acreage. The scheme also funds offshore data acquisition and shared subsea, receipt and processing infrastructure through a Common Hub Infrastructure model. It is intended to promote risk exploration, improve commercialisation of offshore discoveries and strengthen domestic hydrocarbon production potential within the existing exploration and licensing framework.
    August 1, 2026
    Show AI Summary
    GST compliance enforcement combines taxpayer refunds, analytics-based fraud detection, cancellation of fake registrations, and recovery of outstanding VAT arrears.
    Punjab attributed increased GST collections to voluntary compliance, intelligence-based enforcement and technology-driven tax administration, while facilitating compliant taxpayers through timely GST refunds. Data analytics, risk profiling and field verification were used to identify tax evasion, bogus billing, fake input tax credit networks and misuse of the GST registration framework. Measures included penalties, cancellation of fraudulent registrations and recovery of long-pending VAT arrears through attachment and auction of defaulters' properties.
    August 1, 2026
    Show AI Summary
    Cross-border barter trade resumes through Shipki La, subject to permitted goods, time limits, and import-export compliance requirements.
    Cross-border barter trade through Shipki La between India and Tibet resumed after a six-year interruption. Traders may exchange specified goods under a barter arrangement and must return within 72 hours. Traders are required to comply strictly with import-export regulations prescribed by the Union Ministry of Commerce, emphasising transparency and regulatory compliance. Expansion of permitted goods may be pursued through prescribed governmental and external-affairs channels.
    August 1, 2026
    Show AI Summary
    Export growth projections outline pathways for Odisha to expand merchandise trade through export diversification, MSME support and financing initiatives.
    Export growth projections for Odisha set out base, optimistic and ambitious scenarios through FY 2029-30, based respectively on historical growth, envisaged national export growth, and a larger share of national exports. Odisha's export basket remains concentrated in metals and minerals, led by aluminium products, with China as the principal export destination. Odisha Vision 2047 identifies exports, including MSME contributions, as an economic transformation driver, while export-financing and risk-mitigation initiatives aim to address financing gaps for exporters and MSMEs.

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      KK Modi University Hosts Grand Convocation Ceremony Graced by His Excellency, Shri Ramen Deka, Honorable Governor of Chhattisgarh

      April 12, 2025

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      Durg, Chhattisgarh, India (NewsVoir) KK Modi University (KKMU), a leading institution known for its focus on innovation, inclusivity, and global education standards, celebrated its first Convocation Ceremony on April 11th at Hotel Roman Park, Durg. The prestigious event was graced by the Honorable Governor of Chhattisgarh, His Excellency, Shri Ramen Deka. Other dignitaries were Dr. Bina Modi, Chairperson of Modi Enterprises – KK Modi Group, Charu Modi, the Chancellor of KKMU and Dr. Monika Sethi Sharma, Vice Chancellor of the University.

      The event marked a significant milestone in a journey that began when the foundation stone was laid in 2015 by Shri K.K. Modi and Dr. Bina Modi.

      Delivering his address on this occasion, Honorable Governor of Chhattisgarh, His Excellency, Shri Ramen Deka, lauding KKMU’s efforts said, “Education is the most powerful tool for transforming societies, empowering individuals and building strong nation.” -Addressing the graduating batch, Dr. Bina Modi, Chairperson of Modi Enterprises – KK Modi Group, shared heartfelt reflections from her own life journey.

      “It fills me with pride to see KKMU grow into an institution that shapes confident, capable, and conscious leaders of tomorrow. It was my late husband’s vision to provide world-class education to young minds, and I feel a deep sense of fulfilment in carrying that legacy forward. My life lessons were self-taught, but each of you has had the opportunity to learn, question, and grow on a platform that prepares you for the future,” said Dr. Bina Modi.

      Charu Modi, Chancellor of KKMU, a driving force behind KKMU, also addressed the gathering. “KKMU is much more than a university. It is a launchpad for limitless possibilities. Our graduates are leaving with more than degrees. They are taking with them the mindset to innovate, the skills to excel, and the values to lead with purpose,” said Charu Modi.

      The event also featured remarks by Dr. Monika Sethi Sharma, Vice Chancellor of KKMU, who spoke about the university’s commitment to academic excellence and holistic development.

      KK Modi University continues to set benchmarks in providing world-class education through a multidisciplinary, industry-aligned, and technology-enabled curriculum. With a strong emphasis on holistic learning, global exposure, and real-world problem-solving, KKMU is rapidly emerging as a preferred destination for students who aspire to lead and innovate.

      Over 60 students across disciplines such as MBA, B.Tech, BBA, and BCA were awarded degrees, many of whom have already been placed in prestigious organizations including Colorbar, Big Mint, Stratview Research, ABIS, Apply Legal, Career Potli, BB Advisory, Brand Mark and GPI to name a few.

      Placement highlights include: Shivani Khandelwal MBA Batch 2020 KKMU shaped my business foundation with hands-on learning and strong industry links.

      An internship at Godfrey Philips and placement at Indofil led to ISB Hyderabad today.

      Rajbir Kaur MBA Batch 2021 My MODICARE internship strengthened my managerial abilities.

      KKMU’s guidance helped me land a role as Assistant Manager at GPI Delhi.

      Vedant Wagh MBA Batch 2021 An internship at Godfrey Philips sharpened my marketing skills.

      KKMU’s placement support led me to Indofil Industries as a Sales Trainee.

      Pranjal Parakh MBA Batch 2021 KKMU's industry integration prepared me for success at Marque Inc.

      The academic training built my confidence to thrive professionally.

      Rashmeet Kaur BBA Batch 2020 "Interning at Logy AI, Hyderabad gave me real-world exposure to project management and administrative operations.

      KKMU’s guidance played a key role in helping me become a Sr. Project Associate." Pulkit Sahu B.Tech Batch 2020 "My internship at Augtech Nextwealth IT Services sharpened my coding skills through real-world projects.

      Thanks to KKMU’s support, I’ve now joined as a Developer." Siddharth Mukherjee BCA Batch 2021 "My internship at Codicians gave me valuable hands-on experience in the tech industry.

      Doing MBA at KK Modi University, where I’m exploring the blend of technology and management.

      These stories reflect the university’s unique emphasis on internship-to-placement pathways and practical industry exposure.

      About KK Modi University: Established in the year 2019.

      With Mission Value creation by nurturing well rounded career-ready professionals and entrepreneurs through educational excellence and experience-based learning.

      With Vision To be a university of choice for developing future leaders and entrepreneurs.

      KK Modi University works on three philosophies of instruction which will help in developing Nation Building Entrepreneurs • Inner Life Skills - Life long learning, self esteem, open mindedness, mindfulness, self awareness, confidence and happiness.

      • Outer Life Skills - Empathy, critical thinking, creativity, communication, collaboration, power of positive thinking and developing personality.

      • Career Skills - Getting expertise in domain skills, gaining practical industry experience and technical global competencies - through the best international university partners and corporate (co-op) domain partners.

      KK Modi University is a career-focused university that offers innovative courses to prepare students for successful careers. Recognized by UGC, the university emphasizes interaction with experienced faculty and international academic partnerships for a holistic learning experience. Based in Durg, Chhattisgarh, India and catering to national and international students, the university offers under graduate, post graduate and diploma courses across various disciplines.

      It has 7 Under Graduate Programs: BBA, B Com(H), B Tech CSE, BCA, BSc. CS, B Des(H), BHM.

      It has 7 Post Graduate Programs: M Com, M Tech CSE, MBA, MCA, PhD, MHM, M Des.

      It has 3 Integrated Programs: B Tech CSE + MBA, B Tech CSE + M Tech CSE, BBA + MBA.

      It has 6 Executive Programs: MBA, MBA Business Analytics, MBA Finance, MBA Marketing, MBA OB & HRM, MBA Production Operations.

      KK Modi University has International collaborations and MoUs with top ranked international universities namely UC Davis (USA), Virginia Commonwealth University (USA), Hochschule Luzern (Switzerland), Paris School of Art (France) to facilitate a wonderful opportunity to students to study abroad to gain short term multi-disciplinary experiences through our academic partnerships. KK Modi University also provides International Dual Degree opportunities for highly talented and strongly motivated students.

      KK Modi University’s collaboration with industry partners gives the real-world, program-related work experience while pursuing education. It also helps to decide what kind of job any student might want and increase the chances of acquiring a good job (with a higher salary) as a graduate.

      KK Modi University has partnered with Godfrey Philips India Limited, Indofil Industries Ltd, Techment, Zomato, Dabur, TCS, Big Mint, ABIS, Augtech Nxt Wealth, Apply Legal, Stratview Research, Tech B, The Internet & Mobile Association of India (IAMAI) bringing for students, an opportunity to balance classroom theory with practical, hands-on experience prior to graduation.

      Spread over 25 acres, KKMU campus is designed by the world class architects Walter F Wagner, Sami Rintala, Sandip Kumar and Anna Heringer, and situated within walking distance of Shivnath river. It is also in close proximity to Raipur and the twin city of Durg - Bhilai, the educational hub of Chhattisgarh and a well-planned, fast-growing township.

      #KKMUConvocation #KKMUPlacements #CareerUniversityIndia For more information: kkmu.edu.in (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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