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    Yellow.ai, a Global Leader in Enterprise Agentic AI, to Go Public via $550 Million Merger with Bluerock Acquisition Corp.
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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
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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
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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.
August 3, 2026
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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
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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.

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Results of Comprehensive Modular Survey: Telecom, 2025 (January – March, 2025)

May 30, 2025

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Key highlights:

  • In rural areas, approximately 96.8 percent of persons in the age group 15-29 years used mobile phones at least once during the last three months for making personal calls and/ or accessing the internet. The use of mobile phones is estimated at 97.6 percent in urban areas.
  • In the age group 15-29 years, around 95.5 percent of persons own a smartphone among those persons who own a mobile phone (including smart phone) in rural areas. In urban areas, about 97.6 percent persons own a smartphone in the same age group.  
  • In rural areas, approximately 92.7 percent persons in the age group 15-29 years used the internet at least once during last three months. Whereas, in urban areas, about 95.7 percent persons of the same age group used the internet.
  • Among the persons in the age group 15-29 years who reported the ability to perform online banking transactions, about 99.5 percent persons reported to have the ability to perform online banking transactions through UPI.
  • In India, approximately 85.5 percent of households possessed at least one smartphone.   
  • Around 86.3 percent households in India have access to internet within the household premises.

Among the individuals in the age group 15-29 years, approximately 97.1 percent persons reported using a mobile phone (including smartphones) during the last three months from the date of survey.

As a part of the 80th round of the National Sample Survey (NSS), the Comprehensive Modular Survey: Telecom (CMS: T) was conducted from January to March, 2025. This initiative marks a significant step by National Statistics Office (NSO) towards implementing short-duration, focused surveys. This survey was undertaken with the primary objective to meet the requirements of the line ministry/ department of Government of India and there was no State participation in CMS: T. This survey was conducted along with the ongoing ‘Household Social Consumption: Health’ survey of NSS 80th round. The survey collected data on various aspects of mobile and internet usage at both the household and individual levels. Additionally, information on selected ICT skills was also captured. In this survey, data was collected through CAPI (Computer-Assisted Personal Interviews). The report is available on the Ministry’s website (http://www.mospi.gov.in).

Sample Design:

In this survey, a two-stage stratified sampling design was used, where First Stage Units (FSU) were villages/sub-units/sub-divisions in rural areas and Urban Frame Survey (UFS) blocks/sub-units/ sub-divisions in urban areas. The FSUs were allocated to States and UTs in proportion to the projected population figures as on 1st October 2024 as available from the report, ‘Population Projections for India and States 2011-2036’ of the Technical Group on Population Projections, Ministry of Health and Family Welfare, Government of India. The Second Stage Units (SSUs) were households in both rural and urban areas. The selection of FSUs and SSUs was done using Simple Random Sampling without Replacement (SRSWOR).

Survey Coverage:

The survey covered the whole of the India Union except for some villages of Andaman and Nicobar Islands which were difficult to access. At the all-India level, the total number of first-stage units (FSUs) surveyed was 4,382 (2,395 in rural areas and 1,987 in urban areas). The total number of households surveyed was 34,950 (19,071 in rural areas and 15,879 in urban areas) and the total number of persons enumerated was 1,42,065 (82,573 in rural areas and 59,492 in urban areas).

Important Caveat:

In rural area, around 92.7 percent persons in the age group 15-29 years used internet during last three months preceding the date of survey. In urban areas the use of internet, in the same age group, estimated at 95.7 percentage.

The primary objective of the CMS: T was to generate national-level estimates of telecom and ICT skills related indicators. However, state-level estimates based on the available sample observations have been generated and presented in this report. Therefore, users should interpret the survey results at the sub-national level with careful consideration of the associated sample size in the domain and Relative Standard Error (RSE). The information on the execution/ability to perform the ICT skills was collected based on the reporting of the informant only. While collecting this information, no tests of the ICT skills of the informants were performed. Furthermore, with reference to the information collected on online purchases, only goods have been taken into account, while services have been excluded.

It is also important to note that the survey-based estimated totals were used exclusively for calculating rates and ratios. These totals are not intended to serve as definitive population-level counts. Therefore, using these totals to directly interpret the estimates in absolute terms or for extrapolation, may lead to misleading conclusions and is not recommended. Users of the data are requested to interpret the findings with due consideration of these statistical limitations.

Major findings of the survey:

  1. Use of mobile telephone:

In CMS: T, a person was considered as ‘used a mobile phone (smartphone as well as mobile phone other than smartphone)’ if s/he used it for the purpose of making personal calls and/or accessing the internet at least once during the last three months preceding the date of survey. Among youth aged 15–29 years, approximately 97.1 percent reported the mobile phone usage in the last three months. As per the findings of the Comprehensive Annual Modular Survey (CAMS), 2022–23, conducted as part of the NSS 79th Round, the corresponding figure for this age group was estimated at 94.2[1] percent. Gender-sector-wise comparative estimates of percentage of persons used mobile in the age group 15-29 years are shown in Figure 1.     

  1. Mobile ownership:

In rural area around 79.2 percent males and 75.6 percent females in the age group ‘15 years and above’ own a smartphone among those who own a mobile phone. Whereas, in urban area the percentage estimated at around 89.4 and 86.2 percent for male and female, respectively, for the same age group.

In this survey, mobile phone ownership was defined as having a device with an active SIM card for personal use, including employer-provided phones and those not registered in the user’s name. Individuals with only SIM cards were excluded. While determining ownership, joint ownership of a single mobile phone is not considered; in such cases, ownership is determined based on the majority use criterion. At the all-India level, in the age group 15-29 years, approximately 73.4 percent persons own a mobile phone. Gender-sector-wise estimates of mobile ownership for the persons in the age group 15-29 years are shown in Figure 2.

  1. Use of internet:   

In the survey, a person was considered as ‘used internet’ if s/he accessed internet at least once during last 3 months, from any location, for any purpose and using any type of device (e.g. mobile, desktop, laptop, tablet, etc.). In the age group 15-29 years, around 94.3 percent persons used the internet at least once during last 3 months preceding the date of survey. Gender-sector-wise comparative estimates with CAMS, 2022-23 for the percentage of persons used internet in the age group 15-29 years are shown in Figure 3.

(iv) Sent messages with attached files

About 85.1 percent persons in the age group 15-29 years reported execution of the skill of ‘sent messages (e.g., e-mail, messaging service, SMS) with attached files (e.g., documents, pictures, video)’, using mobile or computer-like devices, during the last three months preceding the date of survey.

Whereas, 77.7 percent persons in the same age group reported execution of the skill during 2022-23 (CAMS, NSS 79th Round). Figure 4 gives gender-sector-wise comparative estimates of the percentage of persons executed the ICT skill in the age group 15-29 years during 2025 and 2022-23.

 

 

Indicator

Rural

Urban

Male

Female

Male

Female

15-24 years

Percentage persons used mobile during last three months preceding the date of survey

98.0

95.7

97.6

96.9

Percentage of persons own a mobile phone

74.8

51.7

82.7

69.5

Percentage of persons used the internet during last three months preceding the date of survey

95.7

91.1

97.0

95.0

Percentage of persons sent messages with attached files during last three months preceding the date of survey

87.7

80.4

91.9

87.7

15 years and

above

Percentage persons used mobile during last three months preceding the date of survey

89.5

76.3

95.0

86.8

Percentage of persons own a mobile phone

80.7

48.4

90.0

71.8

Percentage of persons used the internet during last three months preceding the date of survey

72.1

57.6

85.5

74.0

Percentage of persons sent messages with attached files during last three months preceding the date of survey

67.2

50.9

79.1

65.8

households

Percentage of households possessed at least one smartphone

82.1

91.3

Percentage of households have access to internet facility within household premises

83.3

91.6

 

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Acts Income Tax