July 31, 2025
New trade deal boosts oil development, cuts tariffs, and expands cooperation in energy, IT, and crypto sectors
A trade agreement was finalized between two countries to collaborate on developing significant oil reserves and enhance bilateral trade. The deal includes reducing reciprocal tariffs, particularly benefiting exports from one country to the other, and aims to expand cooperation in sectors such as energy, mining, information technology, and cryptocurrency. It also seeks to attract investment and increase market access for both parties. The agreement is expected to promote infrastructure and development investments and marks a commitment to deepen economic ties and partnership between the nations. The negotiations involved senior trade and commerce officials from both sides and were publicly acknowledged by the respective heads of government.
July 31, 2025
Organizations Partner to Host 18th International Conference on Sustainable Urban Development in 2026
Two organizations entered into a Memorandum of Understanding to jointly organize the 18th edition of a major international conference and exhibition focused on safe, smart, and sustainable urban development, scheduled for February 2026 at a prominent convention center in New Delhi. This collaboration aims to enhance national and international participation, foster government and industry cooperation, and increase visibility in urban development sectors. The event will be co-located with three related expos addressing construction, public works, and rural development, creating a comprehensive platform for integrated urban and rural solutions. The partnership supports governmental objectives of sustainable urban planning and innovation in municipal services, bringing together key stakeholders including government officials, urban planners, industry experts, and international delegates to discuss and promote advancements in urban infrastructure and governance.
July 31, 2025
Consulting Firm Partners with AI Platform to Boost Enterprise AI Governance and Risk Management
A consulting firm specializing in governance, risk, and compliance has formed a strategic alliance with a generative AI adoption management platform to assist enterprises in responsibly integrating AI technologies. The partnership aims to provide organizations with enhanced visibility, governance, and control over AI initiatives, addressing risks such as data privacy breaches, regulatory non-compliance, shadow AI usage, and security vulnerabilities. By combining consulting expertise with AI governance technology, the alliance offers solutions for strategic AI governance, cybersecurity, compliance, and rapid deployment of AI management tools. This collaboration seeks to enable enterprises to innovate with AI at scale while maintaining trust, mitigating risks, and ensuring alignment with strategic objectives.
July 31, 2025
FMCG Agency Boosts Consumer Engagement with Strategic, Compliant Promotions Reaching 230 Million Households
A promotional agency specializing in fast-moving consumer goods (FMCG) has significantly impacted consumer engagement in India by delivering tangible promotional campaigns to over 230 million households. The agency integrates strategic planning, global compliance, and consumer insights to create promotional products that foster emotional connections and brand loyalty. It collaborates with major international and domestic FMCG companies, adhering to stringent safety and packaging standards. Recognized for its innovative approach, the agency emphasizes creating memorable consumer experiences that transform transactions into lasting relationships, thereby enhancing brand recall and repeat purchases. Its campaigns are informed by thorough research on regional and consumer preferences, positioning tangible promotions as a core marketing strategy rather than a supplementary tactic.
July 31, 2025
Blockchain Firm Launches Smart Contract Services with AI, Multi-Chain Support, and Security Features
A blockchain development firm has launched advanced smart contract development services designed to enhance automation, security, and scalability across multiple industries including decentralized finance, healthcare, real estate, supply chain, and gaming. The platform integrates AI optimization, multi-chain compatibility, gas-efficient coding, and comprehensive security measures such as threat detection and formal verification. The firm also offers extensive audit services to ensure technical reliability and regulatory compliance, addressing KYC/AML and data protection requirements. The service includes customizable modules for DeFi protocols, NFT management, and supply chain tracking, supported by developer tools for seamless integration. The company is expanding its ecosystem through strategic partnerships and aims to develop AI-driven legal agreements and cross-chain execution capabilities. This launch follows extensive research and client collaboration to meet evolving industry demands, positioning the firm as a key player in blockchain innovation and decentralized automation solutions.
July 31, 2025
AI-Driven RxAgentAI Platform Cuts Drug Discovery Time by 50% in Rare Disease Research
A biotechnology company specializing in AI-driven drug discovery announced significant enhancements to its autonomous RxAgentAI platform, which reduces drug discovery timelines by up to 50%. The platform integrates human expertise with AI to improve accuracy and efficiency in target identification and drug design, notably shortening rare disease research from 12 weeks to under 3. The company also entered a strategic partnership with a U.S.-based AI drug development firm to co-develop therapies for metabolic and rare diseases, covering stages from preclinical discovery to human proof-of-concept. The collaboration aims to combine advanced AI capabilities with practical drug development execution. Both entities are engaging with major pharmaceutical companies in the US and EU to expand the platform's application, positioning themselves competitively in the growing AI drug discovery market by offering accelerated and cost-effective therapeutic solutions.
July 31, 2025
US Imposes 25% Additional Tariff on Indian Imports Over Russian Oil and Military Purchases
The US government has imposed a 25 percent additional import tariff plus an unspecified penalty on goods imported from India, effective August 1, due to India's purchase of crude oil and military equipment from Russia. This tariff is in addition to existing duties, including a 10 percent general duty, 50 percent on steel and aluminum, and 25 percent on autos and parts. The move responds to the US trade deficit with India, where India holds a significant surplus in goods trade but the US claims an overall surplus when services and other revenues are included. Key Indian exports to the US affected include pharmaceuticals, telecom equipment, gems, textiles, and agricultural products. The increased tariffs are expected to raise costs for Indian exporters, particularly in labor-intensive sectors, potentially impacting competitiveness against other nations with varying tariff rates. The US also highlights its own high tariffs on certain goods, challenging the allegation that India's tariffs are uniquely prohibitive.
July 31, 2025
Indian and Thai institutions partner under MoU for dual-degree Hospitality and Services Management program
An Indian university and a Thai hospitality education institution have entered into a Memorandum of Understanding to jointly offer a Bachelor's degree in Hospitality and Services Management. This collaboration provides Indian students with international internships, dual-degree options, semester exchanges, and hands-on training in luxury hotel environments. The program includes curricula developed by industry experts and opportunities for faculty and student exchanges, aiming to produce globally competent hospitality professionals. This partnership enables access to world-class hospitality education in India, eliminating the need for students to study abroad while aligning with the growing travel and hospitality market in the region.
July 31, 2025
How to Improve Your Credit Score for Better Loan Eligibility and Lower Interest Rates
Improving a credit score before applying for a personal loan can significantly enhance loan eligibility, secure lower interest rates, and expedite approval processes. Key strategies include consistently paying bills and EMIs on time, reducing credit card balances to maintain utilization below 30%, and regularly checking credit reports to identify and dispute errors. Maintaining older credit accounts and avoiding multiple loan or credit card applications in a short period also support a healthier credit profile. Failure to address credit report inaccuracies or managing payments poorly can negatively impact creditworthiness. These measures collectively strengthen a borrower's financial reliability, increasing access to favorable loan terms.
July 31, 2025
Understanding Net Asset Value (NAV) in Mutual Funds and Its Role in Investment Decisions
The text explains the concept of Net Asset Value (NAV) in mutual funds, defining it as the per-unit market value calculated by subtracting liabilities from total assets and dividing by outstanding units. NAV determines the price at which investors buy or redeem units and fluctuates daily based on market conditions. It clarifies that NAV alone does not indicate a fund's performance or returns; rather, investors should consider historical returns, consistency, and portfolio composition. The role of NAV in Systematic Investment Plans (SIPs) is discussed, highlighting rupee cost averaging benefits. The text also differentiates NAV behavior across equity, debt, and liquid funds, emphasizing the importance of understanding fund risk profiles. A disclaimer notes that the information is for educational purposes only, not financial advice, and investors should consult advisors before making decisions.
July 31, 2025
Crypto Meme Coin Raises $13.7M Early in Stage 8 Presale with Zero Trading Tax and DAO Governance
A cryptocurrency project operating on an Ethereum-compatible Layer 2 blockchain completed the eighth stage of its presale ahead of schedule, raising over $13.7 million by selling nearly all allocated tokens for that stage. The token, designed as a utility-driven meme coin, features zero trading tax, sniper bot protection, staking rewards, and DAO governance. The total token supply is fixed, with allocations for presale, reserves, liquidity, marketing, exchanges, and rewards. The project also launched a $777,000 giveaway tied to presale participation. Future plans include NFT integration and cross-chain compatibility to expand utility. The presale allows purchases via ETH, USDT, or credit/debit cards through DeFi wallets. The rapid presale progress reflects strong market interest in meme coins with real blockchain utility and infrastructure.
July 31, 2025
Next-Gen AI Platform Integrates Autonomous Agents to Boost Efficiency and Secure Enterprise Workflows
A technology services firm launched a next-generation AI platform designed to integrate autonomous AI agents into enterprise operations, enhancing efficiency and accuracy across industry-specific workflows. The platform combines proprietary intelligence models with third-party technologies, featuring built-in accelerators and governance frameworks to ensure secure and responsible AI adoption. It supports the full lifecycle of AI integration through foundational readiness and scalable adoption, aiming to reduce processing times and workloads significantly. The firm has been recognized as an emerging leader in generative AI consulting and implementation services by a prominent industry analyst. The platform is intended to help organizations embed AI deeply into business functions, improving decision-making and driving growth while maintaining security and compliance standards.
July 31, 2025
US Imposes 25% Tariff on Indian Imports Over Russian Oil and Military Equipment Purchases
The US President announced a 25 percent tariff on all imports from India effective August 1, along with an additional penalty targeting India's purchases of Russian crude oil and military equipment. This move responds to India's significant increase in Russian oil imports and its military trade with Russia amid the Russia-Ukraine conflict. The tariffs and penalties aim to pressure India into aligning with US trade demands, following recent favorable trade agreements between the US and other major partners. The US criticized India's high tariffs and non-monetary trade barriers, describing them as among the most stringent globally, and highlighted limited bilateral trade despite the countries' friendly relations. This marks the first instance of a country facing penalties specifically for Russian imports under current US trade policies.
July 31, 2025
Tech Firm Reports 1.7% Profit Rise, 13.3% Revenue Growth, Declares Interim Dividend of 1.25 Units
A technology services company reported a 1.7% quarter-on-quarter increase in consolidated profit after tax for the first quarter of fiscal year 2026, alongside a 13.3% rise in consolidated revenue. The international IT services segment showed modest revenue growth and a 13.5% increase in profit, while the domestic products and services segment experienced revenue growth but declines in earnings and profitability metrics. The company declared a first interim dividend of 1.25 currency units per share. Financial indicators such as return on capital employed and return on net worth showed slight decreases overall. The company highlighted strategic investments in sectors like healthcare and BFSI, and secured significant new contracts, including a major digital modernization deal. It also emphasized its partnerships with leading cloud providers and advancements in AI-driven services, positioning itself for continued growth in digital transformation and modernization services.
July 31, 2025
Federal Reserve rate uncertainty impacts Asian markets; Japan raises inflation forecasts after US trade deal
Asian financial markets showed mixed reactions following a decline in US stocks amid uncertainty over a potential Federal Reserve interest rate cut in September. Japan maintained its interest rate at 0.5% and increased inflation forecasts after a trade agreement with the US. South Korea finalized a tariff deal with the US, eliminating levies on certain American goods and committing to significant US energy imports and investments. The US imposed a 25% tariff on imports from India, effective August 1, linked to India's Russian oil purchases, while negotiations continue. Concerns arose that US trade deals with other countries could disadvantage Australian exports. The Federal Reserve held rates steady, with dissent from some members advocating cuts, but the Chair emphasized inflation and employment targets. Market movements included slight declines in crude oil prices and fluctuations in currency exchange rates.
July 31, 2025
US President imposes 25% tariff amid rising trade tensions and dismisses concerns over foreign economic alliances
The US President publicly criticized two foreign countries for their economic relationship, dismissing concerns over their alliance and imposing a 25 percent tariff on imports from one of the countries. He highlighted the high tariffs imposed by that country on US goods and expressed indifference toward their economic cooperation. The statements reflect escalating trade tensions and a confrontational stance on bilateral trade policies.
July 31, 2025
Local Milk Production Falls Short of Daily Demand Due to Youth Job Shifts and Urbanization Trends
A state official disclosed that monthly local milk production is insufficient to meet even one day's demand, resulting in heavy reliance on imports from neighboring states. Data revealed that average monthly procurement by the state dairy cooperative was significantly lower than the average daily consumer requirement for the financial years 2024-25 and 2025-26. The shortfall is attributed to youth preference for tourism and service jobs over farming, fragmented land holdings limiting large-scale dairy farming, lack of community and cooperative farming, and rapid urbanization reducing agricultural engagement. Despite subsidies and support schemes, these factors have hindered local milk production capacity.
July 31, 2025
Court Rules President Exceeded Authority Under IEEPA by Imposing Broad Import Tariffs Without Congress
The president's imposition of broad tariffs on imports from numerous countries, enacted under a declared national emergency using the International Emergency Economic Powers Act (IEEPA), faces legal challenges alleging overreach of executive authority. A federal trade court ruled that the president exceeded his powers by invoking emergency powers to impose tariffs aimed at addressing the trade deficit, which plaintiffs argue does not constitute an "unusual and extraordinary" threat justifying such measures. The administration's defense cites precedent from a prior emergency tariff under a different statute, but the court rejected this. The case, consolidated from multiple business and state plaintiffs, is now before the federal appeals court, with further appeal to the Supreme Court anticipated. The litigation does not address tariffs imposed following formal investigations into national security or unfair trade practices. The core legal issue is whether the president can unilaterally impose tariffs under emergency powers without congressional approval.
July 31, 2025
Currency edges up after historic low amid US tariffs and sanctions on Russian imports
The national currency recovered marginally from its historic low against the US dollar following suspected intervention by the central bank after the imposition of a 25 percent tariff by the US government on imports and penalties related to purchases of Russian crude and arms. The currency experienced its steepest single-day decline in over three years, reflecting negative market sentiment amid ongoing geopolitical and trade tensions. The central bank's intermittent control, combined with increased dollar purchases by domestic oil companies ahead of the tariff enforcement, limited the currency's recovery. Concurrently, domestic equity markets declined, and foreign institutional investors sold significant equity holdings, indicating broader financial market stress linked to international trade policies and monetary conditions.