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    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
    Andhra records 21 per cent growth in net GST collections till July
    J&K crime branch chargesheets accused in separate bank, insurance fraud cases
    MCD-facilitated PM Vishwakarma Scheme enrols over 41,000 artisans in Delhi
    Gross GST mop-up grows 15.4 pc to over Rs 2.11 lakh cr in July on higher imports, sales
    Gross and Net GST revenue collections for the month of July, 2026
    India and Rwanda Hold First Joint Trade Committee Meeting to Deepen Bilateral Trade and Investment Cooperation
    West Bengal GST collection rises 2 pc in July to Rs 5,564 crore
    Gross GST collection kitty swells 15.4 pc to over Rs 2.11 lakh cr in July
    RBI says USD 40.82 bn mobilised under forex swap facility till Jul 31
    Sebi bars ZEEL for 2 months, Subhash Chandra, Punit Goenka for 1 year in Hyderabad land pledge case
    Department of Commerce Holds Workshop on Trade and Sustainable Development Policy Landscape
    GeM Launches 10-Day Celebrations Ahead of 10th Foundation Day, Unveils Commemorative Logo
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    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.
    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
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    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
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    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
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    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
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    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
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    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
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    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.
    August 1, 2026
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    GST compliance enforcement through AI analytics supported sustained net GST collection growth despite rate rationalisation reforms and reduced compliance costs.
    GST revenue mobilisation in Andhra Pradesh showed year-on-year growth in net GST and total commercial tax collections through July 2026, despite rate-rationalisation reforms. Revenue growth was attributed to AI-based scrutiny and analytics, machine-learning risk scoring, AI-driven IGST reversals, UPI-based enforcement analytics, data sharing, predictive analytics, registration verification, and Aadhaar-integrated expansion of the professional-tax base. These measures were stated to strengthen compliance, curb wrongful input tax credit claims, broaden taxpayer coverage, and improve revenue mobilisation.
    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.
    Economic-offences chargesheets were filed in separate alleged bank and insurance fraud matters. The bank investigation alleged fictitious loan sanctions and overdrafts beyond delegated authority, involving cheating, forgery, use of forged documents and criminal conspiracy. The insurance investigation alleged that duplicate policy records and forged surrender documents were used to open a fraudulent account in a policyholder's name and divert policy proceeds. Records, witness statements, documentary evidence and forensic examination were cited in support of the allegations.
    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
    Show AI Summary
    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.
    August 1, 2026
    Show AI Summary
    GST collection growth in West Bengal continued year-on-year in July but remained below the national growth trend.
    West Bengal's July GST collection increased year-on-year and over the preceding month, marking a second consecutive month of annual growth. Official data also indicated that the State's annual growth rate was below the national trend, while gross domestic GST revenue excluding imports and overall gross GST collections including import-related taxes rose nationally during July.
    August 1, 2026
    Show AI Summary
    GST collection growth reflects higher revenue mobilisation from domestic transactions and imports, with refunds adjusted in net revenue.
    Goods and Services Tax collections increased in July, driven by higher revenue from domestic transactions and imports. The gross collection comprised Central GST, State GST and Integrated GST components. Refunds also increased during the month, and net GST revenue was determined after adjustment of refund outflows from gross tax receipts.
    August 1, 2026
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    Concessional foreign-exchange swaps encourage bank deposits and foreign borrowings to strengthen balance-of-payments resilience and foreign-exchange liquidity.
    The Reserve Bank of India introduced a concessional foreign-exchange swap facility to encourage foreign-currency inflows, strengthen the balance of payments and support foreign-exchange liquidity. The facility applies to fresh Foreign Currency Non-Resident (Bank) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings. Foreign Currency Non-Resident (Bank) deposits constitute the principal source of inflows mobilised under the arrangement. The facility is available for specified time-bound periods, with a later availability period for Overseas Foreign Currency Borrowings and External Commercial Borrowings.
    August 1, 2026
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    Unauthorised pledge of listed-company land triggered securities-market bars for disclosure failures and misuse of management authority.
    Unauthorised pledge of ZEEL's Hyderabad land as security for loans obtained by promoter-linked entities was treated as a related-party transaction lacking prior audit committee approval. ZEEL failed to disclose the land's deployment in its financial statements. Its Chairman Emeritus was stated to have transferred title deeds by falsely representing management approval and to have concealed the transaction's nature. Securities-market prohibitions and monetary penalties were imposed with immediate effect.
    August 1, 2026
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    Trade and sustainable development policy integrates carbon regulation, sustainability standards and domestic frameworks to strengthen trade competitiveness and preparedness.
    Trade and Sustainable Development policy was examined in relation to international trade disciplines, sustainability regulation and India's trade strategy. Discussions considered carbon markets, carbon pricing, carbon border adjustment measures, sustainability standards and regulatory cooperation, and their implications for trade and industrial competitiveness. Domestic mechanisms, including the Carbon Credit Trading Scheme, Indian Carbon Market, Extended Producer Responsibility framework, and accreditation and conformity assessment systems, were considered for strengthening preparedness for emerging sustainability-related trade disciplines.
    August 1, 2026
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    Digital public procurement engagement begins with stakeholder events promoting transparent, efficient and inclusive marketplace governance.
    Government e-Marketplace launched ten-day celebrations preceding its tenth Foundation Day, including a commemorative logo, stakeholder events and recognition of employees, buyers and sellers. The programme begins a year-long nationwide outreach initiative bringing together buyers, sellers, policymakers, industry representatives and ecosystem partners through events, dialogues and collaborative platforms. Its stated focus is technology-enabled, transparent, efficient and inclusive public procurement.

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      La Excellence IAS Academy Celebrates Unprecedented Success with 78+ Rankers in UPSC 2024 , Highest in South India

      April 23, 2025

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      Hyderabad (Telangana) [India], April 22: La Excellence IAS Academy, one of India’s premier coaching institutions for civil services aspirants, has once again proven its excellence with outstanding results in the UPSC 2024 Civil Services Examination. The academy is proud to announce that it has produced over 78+ students with coveted All India Ranks (AIR) in this year’s examination, continuing its legacy of success and academic excellence.

      Founded in 2009 by Dr. Rambabu Paladugu, Mr. Narendranath (IFS), and Dr. Chandra Shekhar (IRS), La Excellence initially started as “Let’s Unite for Excellence (LUFE)” in Delhi before expanding to Hyderabad and then further to Bangalore. Over the years, the academy has consistently helped thousands of aspirants achieve their dream of entering prestigious services like IAS, IFS, IPS, and other central services.

      The academy’s top-performing students for UPSC 2024 have made waves across the country, with several securing top positions, demonstrating the institution's commitment to providing high-quality education and guidance. La Excellence’s carefully structured programs, which include regular mock tests, personalized mentoring, and in-depth subject material, have been crucial in helping students navigate the demanding path to the Indian Administrative Service.

      Dr. Rambabu Paladugu, Chairman of La Excellence IAS Academy, expressed his delight at the academy's remarkable performance. “This achievement is the culmination of relentless effort, discipline, and the dedication of both our students and faculty members. La Excellence stands as a beacon of hope for those pursuing their civil services dreams. We have always focused on providing comprehensive, personalized training, and our success in the UPSC 2024 results reaffirms the effectiveness of our approach,” he said.

      Dr. Paladugu also took a moment to congratulate all the successful candidates, emphasizing that La Excellence's commitment to innovation and quality education will continue to play a vital role in shaping the future of India’s civil services. “We are immensely proud of our students who have successfully cracked the UPSC exams. Their achievements reflect the hard work and passion they’ve shown, and we will continue to provide them with every tool they need for future success,” he added Ram Mohan, the Academic Director of La Excellence IAS Academy, shared his thoughts on the academy’s success in the UPSC 2024 results. “The journey to UPSC success is not easy, but with the right guidance, tools, and mentorship, our students have proved that excellence is achievable. Our faculty works tirelessly to ensure that each student is equipped with not just academic knowledge, but also the strategic mindset needed to succeed. We are proud of our students’ achievements and remain committed to refining our approach to provide even more tailored support for the future aspirants. La Excellence's consistent success is a reflection of our commitment to academic integrity and the relentless pursuit of excellence,” he said.

      Several successful students shared their experiences of their UPSC journey at La Excellence: • Raj Krishna Jha AIR 8: "The Interview Guidance Program (IGP) at La Excellence was a key factor in my success. The personalized mentorship allowed me to pinpoint my strengths and use them effectively during the interview, making all the difference." • Banna Venkatesh AIR 15: "The thorough study material and regular test series offered by La Excellence were essential in keeping me on track throughout my preparation. The academy's continuous support provided the structure I needed for my UPSC journey. The ecosystem La Excellence has built for UPSC preparation is unmatched." • Sravan Kumar Reddy AIR 62: "After several attempts at UPSC, I found the General Studies coaching at La Excellence to be transformative. With Ram Mohan's expert guidance and a focused, personalized approach, I was able to sharpen my skills and significantly improve my performance." A Comprehensive Approach to UPSC Preparation La Excellence offers a range of specialized courses that cater to the unique needs of every aspirant. Among their flagship offerings is the Prelims Cum Mains (PCM) Foundation Course, which integrates both stages of the examination, the Rapid Revision Programs (RRP) for last-minute preparation, and Interview Guidance Programs (IGP) that offer personalized mock interviews and feedback from experienced faculty.

      The academy’s state-of-the-art infrastructure ensures that students have access to an environment conducive to focused study. Spacious classrooms, a 24/7 study hall, well-equipped libraries, and advanced technology make La Excellence a preferred choice for civil services aspirants. Additionally, the Degree + IAS Program integrates academic education with IAS preparation, offering students a well-rounded approach to their education.

      Looking Ahead: Building Future Leaders With its unwavering commitment to quality, La Excellence continues to evolve, ensuring that every student receives not only the academic preparation but also the emotional and psychological support necessary for success in the UPSC examination. The academy's expert faculty, student-centric approach, and innovative programs make it the first choice for students across India who dream of entering the civil services.

      As La Excellence celebrates the 2024 UPSC results, the academy reiterates its commitment to shaping the next generation of civil servants, ready to lead and serve the nation with integrity and dedication.

      La Excellence IAS Academy is a leading institution dedicated to providing high-quality coaching for the Civil Services Examination. With a proven track record of producing top ranks in UPSC, IFS, IPS, and other central services, the academy offers a wide range of programs designed to equip students with the necessary skills and knowledge to excel in the competitive field of civil services.

      For more information about La Excellence IAS Academy’s offerings and admission process, please visit www.laex.in.

      List of All UPSC 2024 Rankers • AIR 8 RAJ KRISHNA JHA • AIR 11 ETTABOYINA SAI SHIVANI • AIR 15 BANNA VENKATESH • AIR 38 ABHISHEK SHARMA • AIR 41 SACHIN BASAVARAJ GUTTUR • AIR 43 AVDHIJA GUPTA • AIR 46 RAVULA JAYASIMHA REDDY • AIR 62 CHINTAKINDI SHRAVAN KUMAR REDDY • AIR 68 SAICHAITANYA JADHAV • AIR 78 ABHISHEK SINGH • AIR 95 DEVIKA PRIYADERSINI • AIR 96 ADITYA ACHARYA • AIR 114 VIVEK GARG • AIR 146 CHALLA PAVAN KALYAN • AIR 154 NELLURU SAI TEJA • AIR 199 SOURABH RAJENDU • AIR 221 BOLLAM UMAMAHESWAR REDDY • AIR 232 POOLA DHANUSH • AIR 233 VIJAYLAKSHMI • AIR 255 POTHARAJU HARI PRASAD • AIR 260 SOURABH KUMAR • AIR 263 PREETHI A C • AIR 279 KANISHAK AGGARWAL • AIR 284 SHIVANSH TRIPATHI • AIR 316 K SRINIVASA KEERTHI REDDY • AIR 332 MANISH SHARMA • AIR 392 JEENU SRI JASWANTH CHANDRA • AIR 394 AKSHITA TRIVEDI • AIR 399 ACHAL ANAND • AIR 400 KRITIKA NOGRAIA • AIR 440 MANTHAN JINDAL • AIR 446 MADHAVI R • AIR 455 POTUPUREDDI BHARGAV • AIR 462 RAHUL C YARANTELI • AIR 523 BHANU PRAKASH J • AIR 529 PANDURANG S KAMBALI • AIR 532 SANDEEP GUPTA • AIR 544 A MADHU • AIR 567 BHARATH C YARAM • AIR 577 BONTHALA SAI VINOD KRISHNA • AIR 579 ANAMIKA PANDEY • AIR 587 KASHISH GUPTA • AIR 602 RITWIK RAI • AIR 605 DESAI DILIPKUMAR KRISHNA • AIR 615 DAYANANDA SAGAR L • AIR 638 ADITYA KESHRI • AIR 663 ANKIT ANAND • AIR 668 UDIT KUMAR SINGH • AIR 671 THAKRE NAMRATA ANIL • AIR 672 DISHA DWIVEDI • AIR 681 DONEPUDI VIJAY BABU • AIR 682 SUMITI • AIR 690 SANJAY SHASHIKANT KOUJALAGI • AIR 695 ARYAMAN YADAV • AIR 696 PRIYANKA RATHORE • AIR 700 M VENKATESH PRASAD SAGAR • AIR 714 VISHAL MAHAR • AIR 736 BHAVIRI SANTOSH KUMAR • AIR 745 SARAVANAKUMAR T • AIR 746 PATEL SHRITESH BHUPENDRA • AIR 769 KIRUTHIKA M • AIR 770 ATLA THARUN TEJA • AIR 779 ANNU GUPTA • AIR 798 SANAGAVARAPU SAI BHARGAVA • AIR 799 THOGARU SURYATEJA • AIR 807 SANKAR PANDIARAJ • AIR 808 ADITI PATEL • AIR 814 GANGADHARI VIKRAM • AIR 831 KULYE SHRUSHTI SURESH • AIR 839 WANGE SAMPADA DHARMARAJ • AIR 871 RAJU NAMDEO WAGH • AIR 918 KARTHIK D • AIR 934 GOKAMALLA ANJANEYULU • AIR 938 BANOTHU SRINIKESH NAIK • AIR 949 RAMTENKI SUDHAKAR • AIR 975 RAVADA SAI MOHINI MANASA • AIR 976 RASHMI G (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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