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    SC grants interim bail to businessman Anwar Dhebar in manpower commission 'scam' case
    The Taxation and Other Laws Amendment Bill 2026 - Introduced in Lok Sabha on 4th August 2026
    RBI marginally raises FY27 GDP growth projection to 6.7 pc, lowers inflation forecast
    Collaboration, Inclusion and Entrepreneurship: How SIDBI MSME Samvaad Is Shaping the Future of India’s MSME Ecosystem
    RBI keeps policy rate unchanged for third time in row in FY27 amid West Asia crisis
    RBI keeps policy rate unchanged for third time in row amid West Asia crisis
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    Punjab govt committed to paying all valid dues; legal options being examined: FM Cheema
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    SVC Co-operative Bank Concludes 120th Annual General Meeting, Reaffirms Growth, Governance and Digital Focus
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    August 5, 2026
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    Interim bail conditions require residence outside the state and trial attendance in alleged manpower commission corruption proceedings.
    Interim bail was granted to Anwar Dhebar in a matter involving alleged corruption and an illegal commission mechanism linked to a state marketing corporation. Conditions require him to remain outside Chhattisgarh, attend the trial court, and provide his residential address. The allegations concern manpower supply agencies allegedly being compelled to pay commissions for clearance of legitimate bills, with proceeds routed through intermediaries. The case was registered under the Indian Penal Code and the Prevention of Corruption Act.
    August 5, 2026
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    Tax certainty measures revise fund-management safe harbours, electronic-payment charges, sectoral exemptions, business-trust treatment, and excess expenditure appropriation.
    The Taxation and Other Laws (Amendment) Bill, 2026 proposes to replace the Income-tax (Amendment) Ordinance, 2026 and amend payment-system and tax laws. It would prohibit charges on notified electronic payments, revise safe-harbour conditions for eligible investment funds and fund managers, and expand tax exemptions for Government securities, qualifying rough-diamond sales and bonded-warehouse component storage. It also modifies exemptions concerning electronic-goods contract manufacturing, data centres and business-trust dividends, while imposing a differentiated surcharge on qualifying special purpose vehicles. A separately included appropriation bill authorises excess expenditure from the Consolidated Fund of India.
    August 5, 2026
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    Growth and inflation projections reflect resilient domestic activity while energy volatility, supply disruptions, and food prices sustain inflation risks.
    Monetary policy projections for fiscal 2026-27 revise real GDP growth upward to 6.7 per cent and Consumer Price Index inflation downward to 5 per cent. Domestic activity is described as resilient amid global uncertainty, but inflationary risks persist from rainfall disruption, energy-price volatility, supply-chain uncertainty, and second-round effects of higher food, fuel and input costs. Core inflation is projected at 4.3 per cent for the fiscal year.
    August 5, 2026
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    Industry collaboration strengthens MSME competitiveness through shared resources, market linkages, capability building and inclusive support for women entrepreneurs.
    MSME development is linked to collaboration, knowledge-sharing, institutional support and capability building. Industry associations can provide networking, policy advocacy, business intelligence, skills programmes, shared infrastructure and market linkages, while collective procurement, shared logistics, digital commerce and export readiness may improve competitiveness. Women-led enterprises benefit from market-oriented capability development, mentorship, continuous learning, professional networks, capacity-building programmes and institutional support. The Development of Industry Associations initiative is intended to connect associations and facilitate the sharing of best practices.
    August 5, 2026
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    Monetary policy rate maintenance continues under a neutral stance amid energy disruption, inflation concerns and sustained currency depreciation.
    Monetary policy rate maintenance was continued with the repo rate retained at 5.25 per cent under a neutral stance amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The growth forecast was marginally increased and the inflation projection reduced. Sustained rupee depreciation against the dollar was attributed to costly oil, capital outflows, widening trade deficits and a strong US dollar.
    August 5, 2026
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    Monetary policy rate pause maintains a neutral stance amid energy disruption, inflation concerns and sustained rupee depreciation pressures.
    Monetary policy rates were retained without change for a third consecutive review, with a neutral stance maintained amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The policy assessment noted retail inflation above the medium-term target, alongside an upward revision to growth expectations and a downward revision to the inflation projection. Continued rupee depreciation was linked to higher oil prices, capital outflows, widening trade deficits and a stronger US dollar.
    August 5, 2026
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    Monetary policy expectations shape equity sentiment as softer crude prices and foreign investment support domestic financial assets.
    Equity market sentiment improved in early trading as lower crude oil prices and foreign fund inflows supported benchmark indices, while investors awaited the monetary policy decision. Softer crude prices, rupee recovery, improving global risk sentiment, resilient economic growth, corporate earnings and sustained foreign portfolio investment supported domestic financial assets, despite continuing global and geopolitical uncertainties.
    August 5, 2026
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    Foreign exchange market movement strengthens as lower crude prices and monetary policy signals influence the rupee's direction.
    Foreign exchange market movement saw the rupee appreciate against the US dollar in early trading, supported by lower crude oil prices, a softer dollar index, domestic equity gains and net foreign institutional investment. Market attention centred on the Reserve Bank of India's monetary policy decision, with expectations of an unchanged benchmark repo rate. Policy communication on inflation and developments in Hormuz-related talks were identified as factors that could influence the rupee's direction.
    August 4, 2026
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    Dearness allowance arrears must be cleared promptly, while the government examines legal remedies and continues its structured liquidation plan.
    Pending dearness allowance arrears of government employees and pensioners are to be cleared within a fortnight, with restraint on unproductive expenditure until admissible dues are paid. The government states that it will pay constitutionally and legally valid dues while examining the judgment, precedents and possible legal remedies. It attributes the arrears to delayed pay commission implementation and frozen dearness allowance, and states that a structured liquidation plan has been prepared and partly implemented.
    August 4, 2026
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    Money-laundering investigation examines alleged fraudulent industrial plot allotments, benami holdings and diversion of plots to residential use.
    A money-laundering investigation under the Prevention of Money Laundering Act examines alleged irregularities in industrial-plot allotments involving corporation officials, private persons, property dealers and alleged benamidars. The inquiry concerns alleged use of fictitious firms and false addresses to obtain plots, allotments to relatives and associates, and alleged diversion or change of land use from industrial to residential purposes. These activities are alleged to have generated private gains while causing loss to the public exchequer.
    August 4, 2026
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    Rupee exchange-rate movement gains support from capital inflows, while oil prices, dollar strength and monetary policy shape sentiment.
    Rupee exchange-rate movement was supported by foreign capital inflows and improved global risk sentiment, while elevated crude-oil prices and a stronger US dollar constrained gains. Market attention shifted to monetary policy, overseas dollar-deposit incentives and easier foreign access to government bonds, which were reported to support capital inflows and India's external position. A cautious approach to the benchmark repo rate was expected amid assessment of the West Asia conflict.
    August 4, 2026
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    Interim bilateral trade agreement negotiations continue as both sides work to finalise unresolved issues in the proposed arrangement.
    Interim bilateral trade agreement negotiations between India and the United States are continuing. Both sides have undertaken substantial work, while certain issues remain to be finalised before completion of the proposed interim trade arrangement. A United States Trade Representative delegation visited India to advance discussions. The text records the status of negotiations and identifies no concluded agreement or operative customs measure.
    August 4, 2026
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    Fuel-price volatility mitigation will combine fiscal measures, consumer protection, energy security and fiscal sustainability during external energy shocks.
    Fuel-price volatility is to be mitigated through fiscal and administrative measures that protect consumers while maintaining fiscal sustainability. The approach includes monitoring revenue and expenditure, reprioritising spending, and using fiscal measures when economic conditions require. Reduced central excise duty on petrol and diesel moderated the impact of elevated international crude prices and partly offset under-recoveries of public-sector oil marketing companies. Longer-term measures include revenue mobilisation, import diversification, Strategic Petroleum Reserves, cleaner fuels and energy efficiency.
    August 4, 2026
    Show AI Summary
    Tax policy certainty reforms propose easier fund management, data-centre access, electronics incentives and revised electronic-payment charging rules.
    The proposed Bill seeks to simplify conditions for foreign investment funds using fund managers in India without being treated as carrying on business in India, while retaining safeguards against misuse and round-tripping. It proposes removal of approval requirements for foreign cloud companies using Indian data centres and permits leased operation of Indian data centres. It also extends tax support for foreign companies participating in electronics contract manufacturing and component warehousing, preserves tax-free dividends for REIT and InvIT investors in specified circumstances, and removes the prohibition on Merchant Discount Rate charges for notified electronic payment modes.
    August 4, 2026
    Show AI Summary
    Responsible precious-metals recycling supports recycled-gold products, organised buyback channels and a more self-reliant domestic supply chain.
    Responsible precious-metals recycling is promoted through a commemorative recycled-gold coin intended to support domestic recycling, responsible sourcing and a self-reliant supply chain. The product is described as having certified purity authentication, tamper-proof packaging, a unique identification number and an assayer-certified minted card. The initiative seeks to reduce dependence on imported gold and expand organised, transparent recycling infrastructure. An organised silver buyback programme is also described as supporting secure consumer sales and a circular economy for precious metals.
    August 4, 2026
    Show AI Summary
    Broad-based growth strategy links tax reforms, trade resilience, industrial support and services development to medium-term economic expansion.
    The growth strategy combines agricultural productivity, manufacturing, MSME support, infrastructure, logistics, ease of doing business, streamlined income-tax and GST reforms, innovation, digitalisation, human-capital development, energy security, public capital expenditure, foreign direct investment liberalisation, export promotion, fiscal prudence and price stability. Trade resilience is to be strengthened through expanded trade agreements, while manufacturing, services, agriculture and strategic sectors receive targeted policy support. The material also reports secured-asset enforcement cases and recoveries by banks under the SARFAESI framework during FY25.
    August 4, 2026
    Show AI Summary
    Co-operative bank governance and financial disclosure support digital transformation, risk management, priority-sector lending and sustainable member-focused growth.
    Co-operative bank governance and financial disclosure were addressed at the annual general meeting, where the member-notice agenda was transacted and audited financial statements were presented. The bank reported growth in business, deposits and advances, together with net profit, asset quality, provisioning coverage and capital adequacy indicators. Its operational priorities include digital transformation, risk management, selective network expansion, customer service and operational discipline. Future priorities include retail and priority-sector lending, MSMEs, affordable housing and institutional deposits.
    August 4, 2026
    Show AI Summary
    Foreign-exchange market conditions weakened the rupee as oil prices, domestic equities and dollar strength shaped near-term currency expectations.
    The rupee weakened against the US dollar amid elevated crude oil prices, weaker domestic equities and a stronger dollar index, while foreign fund inflows moderated the decline. Attention shifted to the central bank's monetary policy meeting, with continuation of the existing benchmark policy rate anticipated. Earlier measures encouraging overseas dollar deposits and facilitating foreign participation in government bonds were reported to support capital inflows and India's external position.
    August 4, 2026
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    MSME credit expansion combines SIDBI lending initiatives with guaranteed additional working-capital facilities for eligible borrowers.
    MSME credit access is being expanded through SIDBI's branch network, direct lending, refinance support, co-lending arrangements, affordable credit for informal micro-entrepreneurs, and invoice-based digital credit for micro enterprises. Emergency Credit Line Guarantee Scheme 5.0 enables eligible MSMEs to obtain additional credit linked to peak fund-based working-capital outstanding, with full guarantee coverage for member lending institutions against defaults on the additional facility. The scheme also covers scheduled passenger airlines under distinct eligibility and guarantee parameters.
    August 4, 2026
    Show AI Summary
    Furniture and interiors sourcing platform connects Indian manufacturers with domestic and international trade buyers through direct procurement opportunities.
    imm india 2026 is presented as a business-to-business sourcing platform linking Indian furniture, home de cor, rug, carpet, mattress and handicraft manufacturers with domestic and international trade buyers. It is intended to provide direct manufacturer access, design-led sourcing and project-scale procurement opportunities for architects, designers, retailers, hospitality professionals and real estate developers. The programme includes a hosted buyer initiative, industry conferences, knowledge sessions and awards addressing innovation, sustainability, craftsmanship and design.

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      Vision to Reality: How Roan Edutech is Turning Indian Students into Global Achievers

      June 17, 2025

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      How Rohit Babu Aniyery’s Roan Edutech Is Reimagining Indian Education for a Global Future New Delhi [India], June 17: India, a nation rich in young talent and untapped potential, has long needed an educational shift—one that transcends textbook learning and prioritises skill development, global exposure, and future readiness. Leading this much-needed transformation is Rohit Babu Aniyery, a visionary educator and entrepreneur. With over a decade of experience in the Indian education sector, he identified critical gaps that limit students from realising their full potential.

      In response, he founded Roan Edutech—an innovative educational platform committed to bridging these gaps by providing Indian students with international opportunities and aligning their education with global benchmarks.

      From Faculty to Founder: A Purpose-Driven Journey Rohit began his career as a faculty member, deeply invested in the academic growth of his students. However, it was during these formative years that he observed a recurring pattern: despite academic excellence, many students struggled to transition into meaningful careers. The root cause? A lack of practical exposure, global competitiveness, and industry-relevant skills.

      Fuelled by this realisation, Rohit founded Roan Edutech with a clear and compelling mission—to bridge the gap between education and employability by offering quality, globally-aligned learning experiences to Indian students.

      Pioneering Global Collaborations: From Russia to NASA Roan Edutech’s journey began with international workshops, and its first major milestone came through collaboration with the Yuri Gagarin Cosmonaut Training Centre in Russia. This initiative enabled Indian students to gain first-hand exposure to the aerospace industry—a domain previously considered out of reach for many in the country.

      Recognising the value of such global collaborations, Rohit and his team expanded Roan Edutech’s partnerships to include prestigious space and science organisations such as NASA, ESA, Singapore Space Agency, JAXA (Japan), and ISRO (India). These collaborations provide students with a unique opportunity to experience international academic ecosystems, engage with global experts, and explore career paths beyond borders.

      Strategic Alliances for Greater Impact In a powerful move to amplify his mission, Rohit partnered with Mr. Sunil K, uniting two visionary leaders under a shared goal: to make world-class education accessible to Indian students. This strategic alliance has significantly expanded Roan Edutech’s global footprint and influence.

      Driven by a common purpose, they are designing innovative, internationally recognised programmes that bridge the critical skill gaps in India’s traditional education system. Their focus goes beyond academics—these programmes are crafted to deliver practical, skill-based learning that aligns with real-world industry needs.

      By tailoring each offering to the aspirations of India’s ambitious youth, Rohit and Sunil are not only nurturing academic excellence but also empowering students with the tools to thrive in competitive global markets.

      Flagship Programme: NextGen Business Innovators One of Roan Edutech’s most transformative offerings is the NextGen Business Innovators Programme—a pioneering initiative designed to empower the next wave of entrepreneurs and corporate leaders.

      In collaboration with Peggy I. Pleines, an international business mentor from Switzerland and founder of My Ladybird AG, the programme connects students with global mentors and real-world business insights. Peggy brings over 25 years of experience in strategy, M&A, and scaling global brands, offering students access to international perspectives and high-impact mentorship.

      This dual-track programme caters to ambitious students through two distinct paths: • Entrepreneurship Track: Focused on ideation, funding, business modelling, branding, and scaling ventures.

      • Corporate Leadership Track: Emphasising strategic thinking, team management, and organisational growth.

      The curriculum moves beyond conventional classroom teaching. Students engage in: • Real-world business simulations • Interactive case studies • One-on-one mentorship with global industry leaders • Networking opportunities across sectors As part of the Bootcamp experience, the team also takes students to Dubai and Europe, providing hands-on exposure to global business environments.

      The outcome? Graduates who don’t just understand the business world—they’re ready to shape it.

      Engineering the Future: Solving Employability Challenges Through Internships Rohit’s commitment to educational transformation extends to engineering students, who often face challenges in securing jobs due to a lack of practical experience. Roan Edutech has launched a series of structured internship and training programmes, collaborating with Indian companies to provide real-world project experience.

      By exposing students to live industry challenges, modern tools, and collaborative environments, these internships foster critical thinking, innovation, and job readiness—qualities highly valued by employers.

      This hands-on approach ensures that students not only earn a degree but also acquire the competence and confidence to succeed in a global job market.

      Aligning with India’s NEP 2025 Vision Roan Edutech’s educational model aligns with the National Education Policy (NEP) 2025, which emphasises flexibility, vocational training, and holistic learning. Rohit and his team are developing hybrid learning models and online platforms that cater to students across India, particularly in underserved regions.

      These initiatives aim to: • Promote critical thinking and creativity • Offer flexible learning pathways • Integrate vocational and academic training • Cater to diverse student needs across geographies These upcoming programmes are set to revolutionise how education is delivered and consumed in India.

      The Road Ahead: Building a Generation of Global Achievers What started in a single classroom has now touched the lives of thousands of students across the country. Under Rohit’s leadership, Roan Edutech is not merely an education company—it is a mission-led movement.

      In Rohit’s words: “We’re not just educating students—we’re equipping them to thrive on a global stage. India has the talent; what it truly needs is the right mentorship and international exposure.” With programmes that inspire curiosity, mentorship that sparks ambition, and partnerships that open global doors, Roan Edutech is laying the foundation for a generation of global achievers.

      Final Word: Shaping the Future of Indian Education As the world undergoes rapid transformation driven by AI, sustainability, and space exploration, education must evolve beyond traditional textbooks and examinations. It should become a catalyst for global opportunities and future-ready skills.

      Visionaries like Rohit are ensuring that India is not merely keeping pace but setting new benchmarks. Through Roan Edutech, he is reimagining education—demonstrating that with bold vision, strategic collaboration, and continuous innovation, the Indian education system can empower the next generation and truly change lives.

      (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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