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    SC upholds NCLAT order setting aside CCI's Rs 301.6-cr penalty on Grasim Industries
    China's factory activity unexpectedly slips into contraction in July
    PM Modi to inaugurate Bhogapuram Airport on Aug 1 in Andhra Pradesh
    Rupee rises 20 paise to 95.30 against US dollar in early trade
    APEDA Facilitates First-Ever Sea Shipment of Value-Added Flavoured Makhana from Bihar to Canada
    Indian envoy meets Chinese commerce ministry official; Calls for enhanced market access
    ED attaches Rs 94 crore in foreign bank account in fraud case against Delhi-based rice firm
    Ensure uniform deposit rates across all branches: RBI tells banks
    PM takes stock of geo-political situation, safety of seafarers, supply chain constraints
    Delhi govt to provide property Aadhaar cards; bring Land Records Bill: CM Rekha Gupta
    CCS discusses global security situation, supply chain constraints
    US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high
    Gold rises Rs 1,000 to Rs 1.48 lakh/10g on fresh retail buying
    DFS Launches Protection & Indemnity Insurance Product under Bharat Maritime Insurance Pool (BMIP)
    Investec Selects Infosys Finacle SaaS Platform on Microsoft Azure for Digital Banking Transformation
    Kotak Securities Earns Great Place to Work® Certification and Recognition Among India's Best Workplaces™ in Investments 2026
    India rises from 82nd to 57th in global rankings, in structural and pro-competitive reforms: Report by Competere Foundation
    Aadhaar enrolment in Manipur has reached 87-88 pc: Officials
    IndoStar Capital Finance Limited Q1FY27 Disbursements ₹ 1,235 crore up 44% vis-à-vis Q1FY26
    Global gold demand flat at 1,269 tonnes in June quarter, says WGC
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    July 31, 2026
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    Procedural Fair Hearing in competition inquiries requires notice when the Commission departs from investigative findings before imposing action.
    Competition law procedure requires the Competition Commission to notify and hear an opposite party when departing from the Director General's findings. The penalty order concerning alleged abuse of dominance in viscose staple fibre supply was set aside because Grasim Industries was not given an opportunity to respond to the Commission's disagreement with the investigative findings. The matter was remanded for fresh, time-bound consideration without a finding on the merits.
    July 31, 2026
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    Manufacturing contraction highlights weak domestic demand, property-sector pressure and continued reliance on technology-related exports for economic growth.
    Manufacturing activity in China contracted in July, as the official purchasing managers' index fell below the expansion threshold and new orders and production declined. Weak domestic demand, lower building activity and possible typhoon-related disruptions contributed to the slowdown. Consumer spending, investment and property-sector weakness continue to affect confidence, while technology-related exports support growth. Policy commitments include strengthening domestic consumption amid continued reliance on exports.
    July 31, 2026
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    Public-private partnership airport development strengthens aviation, cargo logistics, export infrastructure and sustainable connectivity through an integrated international airport project.
    The Bhogapuram airport project is being implemented under a Public-Private Partnership through the Design, Build, Finance, Operate and Transfer framework. It has obtained required aerodrome, safety, fire and environmental clearances and includes infrastructure for domestic and international aviation, passenger processing and airport security. Cargo and cold-chain facilities are intended to support exports and logistics integration, while recycled-water use and LEED Platinum standards form part of the project's sustainability features.
    July 31, 2026
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    Rupee appreciation against the US dollar continued as foreign inflows and lower crude prices supported domestic currency markets.
    Rupee appreciation against the US dollar continued in early trading, supported by foreign capital inflows and lower global crude oil prices. A stronger US dollar constrained further appreciation, while expectations of continued Reserve Bank of India intervention were cited as supporting the rupee. Declining Brent crude prices, gains in domestic equity indices and net foreign institutional investment in equities were also identified as relevant market factors.
    July 31, 2026
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    Value-added Makhana exports expand international market access, support quality compliance, and improve farmer returns through processing and branding.
    Agricultural export facilitation supported the first sea shipment of value-added flavoured Makhana from Bihar to Canada. Processed and packaged to international quality and food-safety standards, the export demonstrates the role of processing, value addition and export-oriented manufacturing in expanding overseas market access. The initiative is stated to improve farmer returns through value addition, while capacity building, export infrastructure, quality compliance, market linkages and stakeholder collaboration support the agri-export ecosystem.
    July 30, 2026
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    Market access for Indian pharmaceuticals remains central to bilateral efforts to promote sustainable trade and economic cooperation.
    Enhanced market access for Indian products, particularly pharmaceuticals, was raised in discussions aimed at strengthening bilateral trade and economic ties. The discussions addressed sustainable trade, and the sides agreed to increase mutual cooperation and communication. India continues to seek greater access to China's information technology, pharmaceutical and agricultural sectors, while pursuing increased pharmaceutical exports and Chinese investment. Bilateral trade increased, but India's trade deficit widened, reflecting an ongoing imbalance in trade flows.
    July 30, 2026
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    Money laundering asset attachment targets overseas bank deposits linked to alleged loan fraud and fugitive economic offenders.
    Provisional attachment under the Prevention of Money Laundering Act was reported against Singapore bank deposits held by a company promoter and associated entities in an alleged loan-fraud and money-laundering investigation. The underlying case arises from allegations of fraud, criminal misappropriation, criminal breach of trust and cheating affecting a consortium of lending banks. Service of the attachment order was reported through mutual legal-assistance arrangements, and the promoters had reportedly been declared fugitive economic offenders.
    July 30, 2026
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    Deposit interest rate uniformity requires equal rates for similar deposits, while allowing risk-based differentiation for bulk deposits.
    Banks must apply uniform deposit interest rates across branches and customers for similar deposit amounts accepted on the same date, without discrimination. Rates payable, including for bulk deposits, must strictly follow schedules disclosed in advance on bank websites. Bulk deposit rates must be published each business day at 10:00 am, subject to a short permitted delay. Differentiated bulk-deposit rates may be offered based on applicable differential run-off rates under the Liquidity Coverage Ratio framework.
    July 30, 2026
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    Supply-chain continuity measures prioritise energy, fertiliser and seafarer protection amid conflict-driven disruptions across critical maritime transit routes.
    Supply-chain continuity and energy security measures were reviewed in response to geopolitical conflicts disrupting maritime transit routes and imports. Measures included diversification of LPG procurement, maintenance of petroleum stocks, expansion of PNG, gas-grid, LNG and city-gas infrastructure, and pipeline connectivity approvals. Fertiliser requirements and alternative procurement sources were considered to ensure uninterrupted supply. A unified monitoring mechanism and support arrangements for seafarers, including timely information, emergency assistance and counselling, were directed to protect citizens, economic interests and the Indian diaspora.
    July 30, 2026
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    Property digital identity framework proposed through comprehensive surveys, floor-level records, and unique cards to improve ownership verification.
    The proposed Delhi Land Records Bill, 2026 contemplates a digital land-records framework requiring scientific surveys of every property, comprehensive authenticated digital records and a unique Property Aadhaar Card. The proposed system would cover rural and urban residential, commercial and other properties, including floor-level records for buildings. It is intended to improve ownership verification, property transactions, inheritance, loan access, building-plan approvals and transparency in land records.
    July 30, 2026
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    Supply-chain resilience amid maritime conflict drives measures to protect energy imports, fertiliser supplies, seafarers and overseas citizens.
    Supply-chain continuity was reviewed in response to conflicts affecting maritime routes through the Strait of Hormuz, the Black Sea, the Red Sea and the Gulf of Aden. The concerns included disruptions to imports of petroleum, natural gas, fertilisers and other essential goods, risks to ships and seafarers, and the safety of Indian citizens in conflict areas. Measures were considered to maintain uninterrupted imports, protect economic interests and address constraints affecting critical energy and trade corridors.
    July 30, 2026
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    Economic growth and persistent inflation shaped slower output, import pressures, and continued interest-rate restraint despite resilient consumer spending.
    United States economic growth slowed in the second quarter as increased imports reduced gross domestic product growth, despite stronger consumer spending and business investment linked to artificial intelligence. The preferred inflation measure moderated but remained above the central bank's target, with core consumer prices showing limited change. The benchmark interest rate was retained for a fifth consecutive meeting, though some regional presidents supported an increase to address elevated inflation. Employment growth and consumer spending continued to support economic resilience amid high living costs and energy-price pressures.
    July 30, 2026
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    Gold market volatility reflects retail buying, global price trends, currency movements, and weaker domestic demand linked to higher customs duty.
    Gold prices rose on fresh buying by jewellers and retailers amid firm international trends, while silver prices declined. Improved domestic demand and a pullback in the US dollar supported gold, though a stronger rupee limited further gains. India's gold demand declined year-on-year during April-June, attributed to seasonally subdued sales, higher customs duty and an appeal to reduce purchases. Global gold demand remained broadly unchanged, while precious metals were expected to remain volatile and range-bound.
    July 30, 2026
    Show AI Summary
    Protection and indemnity insurance expands domestic maritime risk coverage for third-party liabilities and strengthens self-reliant insurance capacity.
    Bharat Maritime Insurance Pool has introduced a sovereign-backed Protection & Indemnity insurance product to cover third-party maritime liabilities, including crew and cargo claims, pollution liability and wreck removal. The product expands the pool beyond cargo and hull war-risk coverage and is supported by combined indemnity capacity and a port-correspondent network. The pool is intended to maintain uninterrupted maritime war-risk insurance, build domestic underwriting capacity, strengthen maritime risk management, reduce foreign-market dependence and promote self-reliance in specialised insurance solutions.
    July 30, 2026
    Show AI Summary
    Cloud-native digital banking transformation integrates lending, cash management and liquidity tools while supporting scalable, resilient and compliant operations.
    Digital banking transformation through a cloud-native software-as-a-service platform entails migration from legacy systems to integrated deposits, lending, virtual account management and liquidity-management capabilities. Real-time data, artificial intelligence foundations, open APIs and event-driven architecture are intended to support digital banking products, corporate cash management and operational agility. Liquidity tools are designed to provide visibility and control over cash positions and working capital. The implementation is intended to deliver scalability, resilience, security and high availability while assisting regulatory compliance; projected benefits remain subject to risks and uncertainties.
    July 30, 2026
    Show AI Summary
    Workplace culture recognition highlights continued investment in employee wellbeing, inclusion, learning, collaboration and growth at a stockbroking firm.
    Workplace culture recognition was awarded to Kotak Securities through Great Place to Work Certification for a second consecutive year and inclusion among India's Best Workplaces in Investments 2026. The recognition followed assessment of employee feedback, workplace practices and organisational culture, reflecting employee trust, engagement and belonging. The company states that it will continue initiatives supporting employee wellbeing, learning and development, inclusion, collaboration and growth.
    July 30, 2026
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    Pro-competitive reforms strengthen market conditions through competition policy, investment review, trade facilitation, and reduced international regulatory barriers.
    Structural and pro-competitive reforms between 2010 and 2023 are assessed as reducing market distortions and strengthening competitiveness. The assessment covers property-rights protection, domestic competition and international competition, including the Goods and Services Tax, Insolvency and Bankruptcy Code, regulatory improvements and trade-facilitation modernisation. Further priorities include evidence-based competition policy, consumer-welfare review of sector-specific investment restrictions, and cooperation to address international regulatory barriers.
    July 30, 2026
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    Aadhaar enrolment access expands through a new service centre, with coordinated efforts focused on improving young children's coverage.
    Aadhaar enrolment in Manipur has reached approximately 87-88 per cent, with comparatively lower coverage among children aged 0-5 years. The first Aadhaar Seva Kendra in Imphal has been inaugurated to expand access to enrolment and Aadhaar-related services. The State Government is coordinating with welfare and health departments, hospitals and UIDAI to improve young children's enrolment, alongside services available through Deputy Commissioners' offices and authorised enrolment centres.
    July 30, 2026
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    Secured retail lending growth accompanied enhanced credit controls, digital lending processes, and branch expansion by a middle-layer non-banking finance company.
    IndoStar Capital Finance Limited, a middle-layer non-banking finance company registered with the Reserve Bank of India, reported growth in secured used-vehicle finance and micro loans against property for the quarter ended June 30, 2026. It reported higher disbursements, assets under management and net interest income, alongside a lower weighted average cost of funds. The company also stated that it strengthened underwriting, customer-selection filters, scorecards and early-warning systems, while advancing electronic lending processes and expanding its branch and micro-loans-against-property network.
    July 30, 2026
    Show AI Summary
    Gold demand trends show central bank buying and OTC investment offsetting weaker ETF and jewellery demand.
    Global gold demand remained broadly unchanged during the April-June quarter, with reduced gold exchange-traded fund, bar and coin investment offset in part by over-the-counter investment supported by Asian investors. Central banks and official institutions increased net additions to gold reserves, while high prices reduced jewellery volumes and encouraged demand for lighter products. Total supply was unchanged as increased mine production was offset by lower recycling. Investment is expected to drive future demand, while high prices may continue to constrain jewellery demand and recycling.

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      MemeCore Hosts Groundbreaking Blockchain Workshop in India: ₹82 Lakh Grant Fuels Innovation!

      June 18, 2025

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      June 17, 2025 – Greater Noida, India: MemeCore, the innovative blockchain designed specifically for meme coin communities, successfully conducted an engaging educational workshop at the Greater Noida Institute of Technology (GNIOT). The event, part of MemeCore’s nationwide initiative to engage students with blockchain technology, aimed to showcase how memes can be transformed into sustainable cultural and economic assets through the evolving Meme 2.0 paradigm.

      With a staggering grant of ₹82 lakh ($100,000) on the line, MemeCore is committed towards encouraging student-led blockchain innovation. Not only did this activity build up hype among the participants but also highlighted MemeCore's cutting-edge approach towards bringing popular culture and technology together in order to drive significant community projects.

      MemeCore's Blockchain and Meme 2.0 Revolution Comes to India We picked Greater Noida Institute of Technology because it really focuses on entrepreneurship, has a lively community, and helps students get real-world skills that can land them jobs. The workshop from MemeCore at GNIOT wasn't just about learning in a classroom—it was all about giving students a chance to dive into blockchain tech in a fun and practical way.

      Uncovering Meme 2.0: Creating Memes as Valuable and Persistent Digital Assets Meme 2.0 is MemeCore's groundbreaking idea of transforming regular memes into physical digital assets. In contrast to traditional meme culture, Meme 2.0 offers longevity and inherent value by adopting blockchain technology. Blockchain expert and MemeCore educator Kalash Mamgain explained, “With Meme 2.0, we want to show how blockchain can integrate seamlessly into cultural trends. We’re moving beyond speculation to genuine community empowerment. MemeCore provides the tools and technology to turn online creativity into lasting economic impact.” MemeCore's Workshop Highlights: Interactive and Informative Learning Blockchain the Fun Way: Memes Demystifying Complex Tech The MemeCore workshop drew more than 120 students, teachers, and blockchain enthusiasts themselves by showing that blockchain does not have to be so technical and intimidating. The use of funny memes really made blockchain concepts easy to understand, and learning fun and easy for all.

      Memes as a Learning Tool: Why They Succeed Memes connect deeply because they convey complex ideas in simple and memorable ways. This mode of learning was effective at GNIOT because students grasped blockchain fundamentals in no time, validating the effectiveness of meme learning.

      Introduction to MemeX: Blockchain and Social Launchpad for Memecoins MemeCore also made members familiar with MemeX, the groundbreaking social launchpad app built on MemeCore Mainnet that integrated blockchain technology with a user-friendly social media experience. MemeX seamlessly merges blockchain functionality with a social media-style interface, allowing anyone—regardless of their technical background—to effortlessly create, manage, and trade meme coins.

      Priya Singh's Experience with MemeX Priya Singh, a computer science student, loved how Kalash Mamgain explained blockchain and MemeX to her in a straightforward manner making it as simple as using social media—intuitive and fun. It made blockchain technology approachable and truly engaging.

      Ecosystem Grant Program: Bringing Student Ideas to Life What ₹82 Lakh Grant Does to Blockchain Startups The top feature of the workshop was the MemeCore Ecosystem Grant Program that is providing ₹82 lakh in grants. This enormous grant is much-needed support for student startups that want to innovate in blockchain projects from meme dApps to NFT platforms in MemeCore ecosystem.

      Upcoming Workshops: MemeCore Spreads in India upcoming destinations would be Delhi NCR, Mumbai, and Pune Following the huge success of the event in Greater Noida, MemeCore is now preparing to extend its learning mission to all of India. Future workshops are being organized in other key learning centers such as Delhi NCR, Mumbai, and Pune. These workshops will be on the same interactive theme—applied memes for easy learning of blockchain and demystification—while providing students genuine opportunities of funding and mentorship.

      This move is a calculated step by MemeCore in establishing a countrywide network of meme coin enthusiasts and student entrepreneurs, and India is at the center of the emerging Web3 leaders.

      MemeCore's Blockchain and Meme Workshop FAQs What is Meme 2.0? Meme 2.0 is MemeCore's vision of turning viral memes into digital assets with tangible value, supported by the power of blockchain technology. Meme 2.0 empowers creators by giving meme assets permanence, community ownership, and monetary value.

      How does MemeX simplify blockchain? MemeX has a simple interface, just like social media, where one can easily create, stake, and trade meme coins without needing to learn a lot of things about blockchain.

      Who can avail Ecosystem Grants by MemeCore? MemeCore grants can support students, young coders, and entrepreneurs with blockchain initiatives, especially those that are meme culture-related or social tokens.

      How do the students apply for the grant? Future applicants can get application information from the official MemeCore website. Funded applicants get financed, mentored, and promoted to develop their ideas.

      What is Proof of Meme (PoM)? Proof of Meme is a reward system that encourages community engagement. Meme coin holders and engaged meme creators are rewarded for creating content and maintaining the network active.

      Will MemeCore conduct similar workshops elsewhere in India? MemeCore is looking to expand this project to other tech-friendly cities like Delhi NCR, Mumbai, and Pune. They really want to create a lively community of young blockchain entrepreneurs all over India. So, about that workshop in Greater Noida—it was more than just a place to learn. It turned into a hub for innovation and creativity where people could put ideas into action. With the ₹82 lakh fund, interactive tools such as MemeX, and think-out-of-the-box concepts such as Meme 2.0 and PoM, MemeCore is creating a new digital paradigm for creators and students. Through investment in India's youth with education, capital, and guidance, MemeCore is creating a decentralized future where memes are not just entertainment but rather monetizable assets with the ability to drive cultural and economic change.

      You can find more information regarding MemeCore and their endeavors on their official website: https://memecore.com/.

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

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