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    Rupee falls 8 paise to 95.25 against US dollar in early trade
    APEDA Facilitates First-Ever Export of GI-tagged Mithila Makhana by Sea Route from Bihar to Australia
    Government signs strategic MoUs with key industry leaders and ecosystems to strengthen support to StartUps
    No Charges for UPI Users
    Competition Commission of India (CCI) hosts BRICS Heads of Competition Authorities 2026 meeting
    ICoAS fraternity reaffirms commitment to cost optimisation for Atmanirbhar Bharat on ICoAS day 2026
    Govt to introduce bill in Lok Sabha to broaden NCDC's mandate for co-operative sector growth
    AAP govt indulged in large-scale financial irregularities, caused losses to exchequer: Delhi minister
    ED files chargesheets in 2 PMLA cases against Anil Ambani Group companies, ex-executives
    RJD criticises UDF govt's move not to disburse pensions through cooperative banks
    Raymond Limited reports a healthy Q1 FY27 performance
    Why Most People Choose the Wrong Savings Account And How Not to Be One of Them
    RBI has proactively helped UCBs; cooperatives should look at regulator differently: Shah
    Ministry of Agriculture, Food and Rural Affairs and aT Host '2026 K-Food Fair in New Delhi, India'
    No compromise on tackling illegal immigrants' issue: Minister Priyank Kharge
    Technology, transparency key for urban cooperative banks to stay competitive: Shah
    Paul Merchants Gets RBI Approval for Perpetual AD Category-II Licence Under Revised FEMA Framework
    IEPFA Organises Stakeholder Engagement with Nodal Officers of Companies on Integrated IEPFA Portal 2.0
    Rupee settles with 5 paise gain at 95.17 against US dollar
    India weathered Hormuz disruption without fuel shortages: Puri
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    August 10, 2026
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    Foreign-exchange market conditions weakened the rupee as stronger dollar and crude prices offset support from reserve growth and inflows.
    Foreign-exchange market conditions saw the rupee weaken against the US dollar in early trading, influenced by a stronger dollar and higher global crude oil prices. Foreign institutional equity inflows and increased foreign-exchange reserves moderated pressure on the rupee. Market attention remained focused on developments in West Asia and the Reserve Bank of India, alongside movements in the dollar index, crude oil prices and domestic equity markets.
    August 10, 2026
    Show AI Summary
    GI-tagged Mithila Makhana export facilitation expands sea-route market access while supporting quality compliance and farmer-linked value chains.
    Export facilitation for GI-tagged Mithila Makhana enabled the first commercial sea-route shipment from Bihar to Australia. APEDA, in association with the Bihar agriculture department, supported market access, coordination, capacity building and stakeholder engagement. The export model is intended to improve farmer price realisation, require adherence to global quality standards, and strengthen growers, processors and exporters. A separate HS Code for Makhana has taken effect under the Finance Bill, 2025, supporting product-specific trade classification.
    August 10, 2026
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    Startup ecosystem support expands through digital payments, cloud access, AI innovation, investment readiness, governance support and global market programmes.
    DPIIT has entered into strategic MoUs to support DPIIT-recognised startups through payment infrastructure, entrepreneurship development, cloud technology, mobility innovation, investment readiness and global-market access. Eligible startups may receive payment and cloud support, technical training, mentorship, startup formalisation assistance, market and investor connections, AI and mobility enablement, and programmes addressing governance, financial readiness, compliance and international expansion. The collaborations promote innovation across digital payments, clean energy, artificial intelligence, climate technology, advanced manufacturing, mobility and automotive technology.
    August 10, 2026
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    UPI transaction charges remain unavailable for consumers and person-to-person payments, while limited threshold-based merchant MDR may be considered.
    Proposed amendment of section 10A of the Payment and Settlement Systems Act, 2007 is intended to support UPI sustainability, technological advancement and resilience. Consumer payments and person-to-person transactions are to remain free. Any future merchant discount rate would apply only to limited merchant transactions above a threshold, at a nominal rate, while most merchant transactions remain free. The framework supports investment in cybersecurity, fraud prevention and infrastructure, alongside a self-sustaining and inclusive digital-payment ecosystem.
    August 10, 2026
    Show AI Summary
    Fair competition cooperation in renewable energy markets advances knowledge-sharing and evidence-based enforcement across interconnected digital and energy markets.
    BRICS competition authorities adopted a Joint Statement strengthening cooperation to promote fair competition, including in renewable energy markets. Cooperation focuses on dialogue, knowledge-sharing and consideration of cross-border competition challenges in digital markets, emerging technologies and the energy transition. Competition enforcement is to remain principled and evidence-based, supporting efficiency, consumer welfare, innovation and merit-based competition. A collaborative renewable-energy competition study identified evolving market dynamics and areas for future cooperation.
    August 10, 2026
    Show AI Summary
    Cost optimisation in public finance strengthens investment decisions, risk allocation, indigenous manufacturing and value-driven government expenditure through specialised financial expertise.
    ICoAS cost optimisation supports public financial management through prudent resource utilisation, financial oversight and improved cost management across government. Its role includes supporting indigenous manufacturing, better investment decisions, efficient public expenditure and maximum value for public spending. With greater private-sector participation and Public-Private Partnerships, ICoAS officers are expected to promote cost efficiency, appropriate risk allocation and sound project structuring. Capacity building emphasises integrity, financial modelling, data visualisation, analytical frameworks and artificial intelligence for improved public-finance management.
    August 9, 2026
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    Co-operative development financing would expand through direct assistance, share-capital participation and wider operational powers for sectoral support.
    National Cooperative Development Corporation (Amendment) Bill, 2026 proposes to broaden the Corporation's mandate to promote co-operative development. It would permit direct loans and grants to co-operative societies and other entities engaged in co-operative development, where funds are used for co-operative purposes. With Central Government approval, the Corporation could participate in the share capital of such entities. The proposals also expand the meaning of foodstuffs, remove geographical restrictions for industrial-goods assistance, and provide additional functional powers.
    August 9, 2026
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    GST compliance failures and electricity subsidy controls raise allegations of financial irregularities and potential losses to the public exchequer.
    Allegations based on a Comptroller and Auditor General report identified purported GST compliance failures involving outstanding tax liabilities, e-way bills generated after cancellation of GST registrations, limited bill scrutiny, non-compliance, and turnover mismatches. The allegations also concerned electricity subsidies extended to consumers with prolonged zero bills or apparent non-residence, presenting these issues as possible financial irregularities and losses to the public exchequer.
    August 9, 2026
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    Money-laundering prosecution complaints allege fund diversion through shell entities, credit-facility evergreening, layered transactions and fictitious project expenditure.
    Money-laundering prosecution complaints allege that funds from toll-road projects and credit facilities were diverted through group companies, contractors, shell entities and conduit accounts. In the toll-road matter, allegedly sham or back-dated subcontracting arrangements and subsequent documentation were used to portray transfers as genuine project expenditure. In the credit-facilities matter, fresh facilities were allegedly used to repay, rotate and evergreen earlier liabilities rather than for sanctioned end-use, with funds layered and presented as legitimate business expenditure or receipts. Attached assets are sought to be confiscated as alleged proceeds of crime.
    August 9, 2026
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    Direct Benefit Transfer pension disbursement replaces cooperative-bank doorstep delivery, while preserving home payments for beneficiaries unable to use bank accounts.
    Direct Benefit Transfer of social security and welfare pensions to Aadhaar-linked bank accounts is intended to replace cooperative-bank doorstep delivery, except for bedridden and similarly situated beneficiaries. The change addresses delays in remitting undistributed pensions, deficient record updates and reconciliation, duplicate payments, delivery incentives, and compliance with Direct Benefit Transfer norms. Criticism focuses on beneficiary access to linked commercial-bank accounts, possible minimum-balance deductions, exclusion of cooperative banks, and the effect on doorstep-delivery workers.
    August 8, 2026
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    Engineering business growth supported Raymond's first-quarter performance, with export expansion, capacity investment and net-debt-free financial flexibility.
    Raymond Limited reported unaudited first-quarter FY27 growth in total income, EBITDA and profit before tax before exceptional items, while remaining net-debt-free with a net cash surplus. Its Engineering business comprises Precision Technology & Auto Components and Aerospace & Defence. Growth in the former was attributed to export expansion, operating leverage, product mix and cost reductions. Aerospace & Defence growth was linked to production for global OEMs, portfolio expansion and increased capacity, although margins were affected by targeted research and development investment. Forward-looking statements remain subject to regulatory, political, economic and technological risks.
    August 8, 2026
    Show AI Summary
    Savings account selection requires comparison of effective interest, fees, digital service, access, and individual banking needs.
    Savings-account selection should compare effective interest returns under slab-based rates, recurring operating charges and the customer's actual banking needs. Net value depends not only on advertised rates but also on relevant minimum-balance, card, ATM, alert and transfer fees. Digital reliability, customer support, branch availability and ATM access should be assessed according to the customer's average balance, cash use, transfer frequency, travel patterns and need for in-person assistance. The suitable account is one that matches real banking behaviour.
    August 8, 2026
    Show AI Summary
    Urban cooperative bank regulation promotes licensing, governance, compliance support and cybersecurity measures to strengthen stability and depositor confidence.
    Urban cooperative banks are encouraged to recognise regulatory support through liberalised branch opening, doorstep banking, demand drafts, life certificates, dedicated regulatory coordination, enhanced gold-loan limits, one-time settlements and progress towards on-tap licensing. Sound governance is material to sectoral stability, while small-borrower lending is presented as a comparatively safe lending segment. The umbrella body can support member banks through technical expertise, compliance assistance, cybersecurity solutions and participation in a security operations centre to strengthen depositor confidence.
    August 8, 2026
    Show AI Summary
    Korean food export promotion combines buyer consultations, regulatory guidance and consumer experiences to support entry into Indian and South Asian markets.
    Korean food export promotion in India and South Asia combined business consultations with consumer-facing activities. Individual meetings connected Korean exporters with regional buyers and generated memoranda of understanding for products including frozen gimbap, ginseng wine and kombucha. Exporters received on-site guidance concerning non-tariff barriers, including food import customs clearance and certification requirements. Preparatory online sessions addressed import procedures, regulatory matters and consumer trends, while consumer events promoted Korean food through tasting, retail and experiential activities.
    August 8, 2026
    Show AI Summary
    Illegal immigration enforcement prioritises dismantling entry, documentation and employment networks while requiring citizens to report information through police channels.
    Illegal immigration enforcement involves continuous identification and verification operations, coordination with relevant officials, and confidential investigation of networks facilitating entry, identity documentation, accommodation and employment. Enquiries extend to intermediaries, contractors, Aadhaar procurement and verification practices, rather than focusing only on apprehended individuals. Citizen vigilantism, moral policing and social-media targeting of suspected migrants are discouraged because they may compromise investigations; information should instead be given through proper police channels.
    August 8, 2026
    Show AI Summary
    Technology, transparency and governance strengthen urban cooperative banks through modern customer services, depositor protection and cooperative-sector support.
    Technology adoption, transparency, sound governance and modern customer services are identified as necessary for urban cooperative banks to remain competitive. Banks are encouraged to join the sector's umbrella organisation and self-regulatory body, which provides capital, information-technology infrastructure and liquidity support. Protection of depositors' money remains a regulatory responsibility, while banks are expected to improve governance, train staff, adopt technology and enhance customer-centric services. Customer prosperity and reduced perception gaps between the central bank and urban cooperative banks are emphasised as measures to strengthen the sector.
    August 8, 2026
    Show AI Summary
    Authorised Dealer Category-II licensing expands permissible FEMA current account and foreign trade transaction services for cross-border payment customers.
    An Authorised Dealer Category-II approval under the Foreign Exchange Management (Authorised Persons) Regulations, 2026 enables Paul Merchants to undertake additional permissible non-trade current account transactions under FEMA, excluding gifts and donations, and foreign trade transactions within the applicable per-transaction limit. The approval supports foreign exchange and cross-border payment services, including overseas remittances for education, medical treatment, travel, and conference or event participation.
    August 8, 2026
    Show AI Summary
    Integrated investor claim portal modernisation advances digital KYC, streamlined verification, stakeholder-informed safeguards, and efficient investor claim settlement services.
    Integrated IEPFA Portal 2.0 is proposed to modernise investor claim processing through digital KYC, pre-filled Form IEPF-5, entitlement search, and a simplified e-Verification Report filing workflow. Stakeholder feedback included Aadhaar eKYC address validation, KYC for authorised representatives, entitlement-letter validation checks, bulk DSC and eSign functionality, integration of approved IEPF Form-4 data, lower-value share valuation using NSE and BSE data, and alerts for frequent address changes to prevent fraud.
    August 7, 2026
    Show AI Summary
    Foreign capital inflows supported the rupee despite geopolitical uncertainty, oil-price pressures, and volatile global market sentiment.
    Foreign capital inflows supported a marginal strengthening of the rupee against the US dollar despite global risk aversion arising from uncertainty surrounding negotiations affecting the Strait of Hormuz. Higher crude oil prices and weak domestic equity sentiment remained relevant pressures. Near-term currency movement was expected to depend on developments in the negotiations, weekend decisions, US employment data, the dollar index, crude oil prices, and the reported increase in foreign exchange reserves.
    August 7, 2026
    Show AI Summary
    Energy security through diversified sourcing protected fuel supplies during Hormuz disruption and supports domestic exploration and alternative fuels.
    Energy security measures based on diversified crude oil and LPG sourcing, expanded infrastructure, increased domestic LPG production and alternative fuels were presented as maintaining fuel availability during disruption of shipping through the Strait of Hormuz. Domestic resilience is also linked to support for private deep-water oil and gas exploration, opening offshore acreage, and expansion of compressed biogas and ethanol blending. Ethanol-blended petrol testing identified limited contamination instances rather than a systemic issue, while excise duty reductions were described as cushioning consumers against global fuel-price volatility.

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      Print Expo and Media Expo Chennai 2025: A Powerhouse Synergy to Offer Maximum Impact

      June 16, 2025

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      Mumbai, Maharashtra, India – Business Wire India India’s print and signage sectors are undergoing a dynamic transformation, marking a strong shift toward sustainable practices, digital and advanced tech-based solutions. To highlight this rapidly evolving segment, two influential exhibitions, Print Expo Chennai and the debut edition of Media Expo Chennai, are coming together under one roof from 10-12, July 2025 at the Chennai Trade Centre, Chennai, Tamil Nadu with 175+ exhibitors.

      Marking its 15th edition, Print Expo continues to be South India’s flagship event for the printing and allied industries. Its synergy with Media Expo – with a legacy of 54 editions in held across Mumbai and New Delhi, will expand its footprint by launching its premiere edition in Chennai, this year. This will present a more diversified experience for the exhibitors and visitors alike, mirroring the real-time convergence happening within the commercial print and media ecosystem. The shows aim to offer a direct access to the to the industry innovations, spark business exchange and open up a future-centric dialogue for the visitors.

      The co-located shows will be spread across 10,560 sqm of gross exhibition area, welcoming 200+ exhibitors. Print Expo will showcase the latest in offset and digital printing machines, high-performance inkjet and laser technologies, revolutionary paper bag manufacturing systems and eco-friendly inks and chemicals, highlighting the future of sustainable print.

      On the other hand, Media Expo opens a gateway to the world of visual communication and branding, featuring state-of-the-art printing machinery, breakthrough ink formulations and a vibrant display of indoor and outdoor advertising innovations, branding tools and trendy signage solutions. Together, the two expos create a dynamic synergy – a seamless ecosystem where ideas move from concept to creation, from media to material. Attracting professionals like printers, packaging converters, brand owners, ad agencies, retail solution providers and visual merchandisers, the show will offer an end-to-end view of the print and signage industry - uniting technical excellence with creative impact.

      Mr Raj Manek, Executive Director & Board Member, Messe Frankfurt Asia Holdings Ltd, commented: “We are very excited this year as we bring our legacy show Media Expo to Chennai along with Print Expo Chennai which already has a strong hold on the South Indian market. With these co-located shows, I believe that it is a strategic step which will drive the convergence of the media, printing and signage industry showcasing solutions that businesses require today." Likewise, Mr Ashok Neelkant, Managing Director, Showcase Trade Fairs and Business Media Pvt Ltd, expressed: “Print Expo has grown into one of the most trusted and influential B2B platforms in South India over the years. Now, with Media Expo launching in Chennai, we are creating a solid platform which is aligning with the evolving needs of printers, marketers, advertisers and other industry stakeholders. The synergy of both these platforms will offer an unmatched experience this year onwards and make it all the more valuable for the visitors to find all solutions – right from printing to large format out-door advertising solutions to signage under a single roof.” According to Grand View Research, India’s digital printing market is projected to grow from USD 1.45 billion (2023) to USD 2.67 billion by 2030, while the commercial printing segment stands strong at USD 35.5 billion. The digital signage market, currently valued at over USD 1 billion, is expected to double by 2030, and OOH advertising spends are projected to reach USD 524.81 million in 2025. These figures reflect a rapidly evolving landscape—making Print Expo and Media Expo Chennai timely platforms for showcasing sustainable, tech-driven innovations shaping the future of visual communication.

      A major spotlight this year is the seminar series curated in collaboration with Future Schoolz, a reputed industry think tank on 11th July 2025. The sessions will deep-dive into emerging print-tech disruptions, AI-driven automation, new generation business planning, sustainability in future printing, bridging the skill-gap in print industry and more.

      The 2025 edition will also celebrate diversity and inclusion in the sector with participation from 'Girls Who Print', a global network supporting women in the printing industry, underscoring the human capital evolution alongside technological progress.

      This year the supporting associations bring immense strength and credibility to the event, serving as the backbone of regional and national printing communities. Their collective presence reflects the industry's diversity and reach while playing a crucial role in amplifying the scale, impact, and success of the expo - transforming it into a truly Pan-India celebration of print excellence. The associations lending their support to this year’s edition include the Tamil Nadu Master Printers Federation, Kerala Master Printers Association, Andhra Pradesh Rashtra Offset Printers Association, Coimbatore Master Printer Association, Madurai District Offset Printers Association, Sivakasi Masters Printers Association, Salem District Offset Printers Association, Trichy District Integrated Printers Association, Karnataka Offset Printers Association, Delhi Printers Association, Chhattisgarh Printers Association, Karur Offset Printing Press Welfare Association, and the Sri Lanka Association of Printers.

      On the exhibitor front, Print Expo 2025 will witness participation from major brands such as Bindwel, Canon, Print, Fujifilm, Komori, Konica Minolta, Minosha, Monotech, Technova and Xerox, among others. These companies are expected to demonstrate next-gen printing and packaging machinery, AI-integrated workflows, cloud-based job management and sustainable print solutions. Likewise, Media Expo 2025 will bring Colorjet, JX Enterprises, Epson, Lisco, Misaki, CMT, Laxmi sales, Colors Digital India, Co-sign, Benson Polymer, Pidilite Industries Limited and other prestigious brands.

      As the industry shifts from manual workflows to intelligent automation and from low-cost to low-risk supply chains, the 2025 edition emerges as a business-critical event for professionals aiming to stay relevant and competitive.

      The Print Expo Chennai is jointly organised by Messe Frankfurt Trade Fairs India and Showcase Trade Fairs and Business Media Private Limited. While Media Expo Chennai, organised by Messe Frankfurt Trade Fairs India Private Limited which holds a legacy of 54 editions that have been held across Mumbai and New Delhi, now marking its presence in Chennai.

      Press information and photographic material: For more information, please visit: https://mediaexpo-chennai.in.messefrankfurt.com/chennai/en.html https://printexpo-chennai.in.messefrankfurt.com/chennai/en.html For Events & Entertainment Technologies shows worldwide, please visit: www.prolight-sound.com/worldwide Background information on Messe Frankfurt www.messefrankfurt.com/background-information Sustainability at Messe Frankfurt www.messefrankfurt.com/sustainability-information Follow us on Social Media Print Expo: LinkedIn | Facebook | Instagram Media Expo: LinkedIn | Facebook | Instagram Messe Frankfurt India: LinkedIn | Facebook | Instagram | Twitter About Showcase Trade Fairs and Business media Private Limited Showcase Trade Fairs And Business Media Private Limited, incorporated in 1990 has since then been connecting businesses for 3 decades since 1990. As envisioned over the past 30 years, we have successfully and effectively created the finest networking platform for our customers and partners to grow their businesses. Carrying this vision forward, our mission is to keep our customers and stakeholders “Stay in Touch with the Latest Technology and Solutions” thus enabling them to “Stay Ahead in their Business”. Acquiring, merging and consolidating our different businesses under one roof, we are now India’s only one-stop solutions company operating in four key areas, such as trade fairs, seminars & summits, marketing services and event management.

      To View the Image, Click on the Link Below: Co-located shows – Print Expo & Media Expo will take place from 10 – 12 July at Chennai Trade Centre, Chennai, Tamil Nadu.

      (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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