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    SC says legal error not sole ground to revoke liberty, flags growing trend of challenging bail
    Parliamentary joint committee on corporate laws amendment bill gets more time to submit report
    Archies Online Launches Pan-India Same-Day Cake, Flower & Gift Delivery Service
    DRI busts clandestine Mephedrone manufacturing facility in Ankleshwar, Gujarat and seizes Rs. 21 lakh; Three arrested
    SC rejects pleas of ED and state against grant of bail to Chaitanya Baghel in liquor scam cases
    US to impose steep tariffs on generic medicine imports from Aug 2028
    Asian shares edge higher after Wall Street climb, even as Brent oil keeps rising
    Rupee falls 11 paise to 96.36 against US dollar in early trade
    India Reaffirms Commitment to Rules-Based Multilateral Trading System at WTO Trade Policy Review in Geneva
    Government's Financial Inclusion Mission Continues to Foster Economic Empowerment Through Universal Banking, Social Security and Credit Access
    Tribunal absolves Lalit Modi of FEMA violation in 2009 South Africa IPL event
    NABARD sanctions Rs 15,056 cr for 6,175 rural infrastructure projects in Haryana
    SUPREME COURT HIGHLIGHTS
    Government and RBI Strengthen Digital Lending Ecosystem Through New Regulatory Framework, Digital Lending App Directory and Enhanced Customer Safeguar...
    A First for India: EbixCash World Money's Perpetual RBI Licence Brings Trade and Family Remittances Within Reach of Millions - Unlocking Opportunities...
    Rationalisation of Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 – Draft Rules for Comments
    CARD91 offers its comprehensive PPI Suite to Indian Overseas Bank with RuPay NCMC Capability
    Government Expands FTAs, Export Promotion Measures to Diversify Export Markets
    PLI Schemes Attract Over ₹2.40 Lakh Crore Investment, Generate More Than 14.15 Lakh Jobs
    SC issues notice on Venugopal Dhoot's plea against order upholding separate insolvency for VIL, VOVL
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    July 22, 2026
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    Bail cancellation requires harm to criminal justice administration, not merely a legally flawed order granting liberty.
    Bail cancellation must turn on whether continued liberty obstructs the administration of criminal justice, not solely on legal error in the order granting bail. A deficient bail order, without more, does not justify revoking liberty. Challenges to bail orders should not displace the objective of timely trials and securing convictions. Although erroneous legal principles may require correction for consistency, they may not alone warrant cancellation of bail. Broader questions concerning the governing cancellation standard remain open.
    July 22, 2026
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    Corporate law amendments face extended parliamentary review of proposals on compliance decriminalisation, ease of doing business, and governance modernisation.
    Parliament extended the Joint Parliamentary Committee's reporting deadline on the proposed Corporate Laws (Amendment) Bill, 2026 until the end of the Monsoon Session. The Committee is examining amendments to the Limited Liability Partnership Act, 2008 and the Companies Act intended to facilitate ease of doing business, decriminalise minor procedural defaults, and modernise the corporate governance framework.
    July 22, 2026
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    Same-day gifting delivery expands access to cakes, flowers and curated gifts through an integrated pan-India online platform.
    Archies Online has introduced a pan-India same-day delivery service for cakes, flowers, gifts and hampers across major cities. Its integrated online platform offers greeting cards, personalised gifts, chocolates, soft toys and curated hampers for personal, professional and festive occasions. Same-day options include Rakhi and Friendship Day collections, supported by product curation, fresh sourcing and a delivery network intended to provide timely and dependable gifting services.
    July 22, 2026
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    Mephedrone trafficking enforcement uncovered a clandestine laboratory, controlled precursors, alleged drug proceeds and an intended receiver.
    Illicit manufacture and trafficking of Mephedrone, a psychotropic substance under the Narcotic Drugs and Psychotropic Substances Act, 1985, were addressed through an intelligence-led operation involving a clandestine laboratory. Manufacturing equipment, Mephedrone, its controlled precursor, Monomethylamine, and other chemicals used in manufacture were seized under the Act. Cash believed to be drug-trafficking proceeds and a further amount intended as token payment for delivery were recovered. Three persons were arrested in connection with the alleged network.
    July 22, 2026
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    Bail parity in liquor-scam proceedings sustained where principal accused had bail; adverse investigative remarks were removed.
    Bail in the alleged liquor-scam proceedings was sustained on the basis of parity, the applicant's comparatively lesser alleged role, prolonged custody, and the documentary nature of the investigation. The evidentiary value of statements, financial records and digital material was regarded as an issue for trial rather than conclusive assessment at the bail stage. Adverse observations against the state economic-offence investigation were expunged.
    July 22, 2026
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    Generic medicine import tariffs are designed to encourage domestic pharmaceutical manufacturing while preserving policy for patented, branded and innovative drugs.
    Generic medicine imports into the United States are proposed to remain duty-free for two years, followed by escalating tariffs. The structure is intended to encourage pharmaceutical companies to establish manufacturing plants and equipment in the United States, with higher duties applying where companies do not do so within the stated period. The policy is confined to generic drugs, while the approach for patented, branded and innovative medicines is stated to remain unchanged.
    July 22, 2026
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    Oil-driven inflation pressures may prompt higher interest rates, despite equity gains led by artificial-intelligence and semiconductor shares.
    Asian equity markets largely rose following Wall Street gains led by artificial-intelligence and semiconductor shares. Rising crude oil prices are identified as a renewed inflation risk that could encourage central banks to raise interest rates, slowing economic activity and affecting equity valuations. Japan's reliance on imported energy and the effects of a weaker yen on trade values and energy costs are also highlighted.
    July 22, 2026
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    Foreign exchange market volatility pressures the rupee as oil-linked geopolitical risks boost safe-haven dollar demand and prompt market monitoring.
    Foreign exchange market movement saw the rupee depreciate against the US dollar amid higher crude oil prices, geopolitical tensions affecting oil-shipment security, and safe-haven demand for the dollar. RBI measures intended to attract overseas deposits were reported to support market confidence through foreign-currency inflows. Dealers were monitoring possible RBI participation through state-owned banks to moderate currency volatility while permitting gradual exchange-rate adjustment and preventing disorderly market movements.
    July 22, 2026
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    Rules-based multilateral trade engagement guides India's policy review, highlighting digital reforms, trade facilitation and clarification of market measures.
    India's WTO Trade Policy Review reaffirms commitment to a transparent, rules-based, inclusive and development-oriented multilateral trading system. It identifies reforms in trade facilitation, digital customs, logistics modernisation, quality infrastructure, Digital Public Infrastructure, innovation, sustainability, agricultural resilience and regional trade agreements. WTO Members recognised India's economic resilience and customs and digital modernisation, while seeking clarification on trade and investment regimes, Quality Control Orders, trade-remedy measures and WTO reforms.
    July 22, 2026
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    Financial inclusion expands universal banking, social insurance, pensions and collateral-free credit for underserved households and entrepreneurs.
    Financial inclusion is pursued through universal banking under Pradhan Mantri Jan Dhan Yojana, social-security coverage through life, accident and pension schemes, and credit access for underserved borrowers. Pradhan Mantri Mudra Yojana provides collateral-free institutional finance to micro and small business units for income-generating activities. The Stand-Up India Scheme supports Scheduled Caste, Scheduled Tribe and women entrepreneurs through loans for greenfield projects in manufacturing, trading, services and agriculture-allied activities.
    July 21, 2026
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    Foreign exchange contravention liability requires evidence that the person was responsible for the overseas transfer in question.
    Foreign exchange transfer for the 2009 South Africa cricket tournament was examined under the Foreign Exchange Management Act after funds were moved to an overseas entity without prior Reserve Bank approval. The appellate tribunal set aside the penalty imposed on Lalit Modi, finding no material establishing that he was in charge of the relevant affairs or personally responsible for the alleged contravention. Liability for a foreign-exchange contravention must rest on evidence connecting the person proceeded against with responsibility for the impugned transaction.
    July 21, 2026
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    Rural infrastructure financing under RIDF supports irrigation, roads, water supply, cooperative digitisation, producer organisations and climate-resilient livelihoods.
    Rural Infrastructure Development Fund financing supports rural infrastructure in Haryana, including irrigation, roads and drinking-water assets. Rural cooperative strengthening includes digitisation and financial viability of Primary Agricultural Credit Societies, alongside promotion and financial support for Farmer Producer Organisations. Climate-resilient measures include watershed development, groundwater management, micro-irrigation, direct seeding of rice and vegetable clusters, supplemented by livelihood training for rural women and agricultural lending and project-appraisal support.
    July 21, 2026
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    Supreme Court proceedings address juvenile adult trials, insolvency, electoral representation, environmental funds and foreign-exchange complaint requirements.
    Supreme Court proceedings covered election representation, criminal justice, insolvency and regulatory compliance. The Court considered challenges concerning political-party merger approval, separate insolvency proceedings for group entities, and espionage charges. It sought responses on an appeal mechanism for persons excluded from the National Register of Citizens and alleged non-utilisation of environmental relief funds. Criminal matters included medical assessment for interim bail, a fresh trial in a blast case, and the principle that a juvenile accused of murder may face adult trial where statutory conditions for a heinous offence are met.
    July 21, 2026
    Show AI Summary
    Digital lending safeguards require verified app associations, responsible recovery, data privacy, grievance redressal and reporting channels against illegal loan apps.
    Digital lending safeguards include a public directory enabling customers to verify a digital lending app's association with a regulated entity. The Digital Lending Directions, 2025 impose mandatory requirements on recovery practices, data privacy and customer grievance redressal for regulated entities, lending service providers and digital lending apps. Measures also include blocking illegal loan applications following due process, cybercrime reporting channels, complaint facilities for unlawful money collection, and public awareness programmes on fraud prevention and risk mitigation.
    July 21, 2026
    Show AI Summary
    Authorised Dealer Category-II remittances expand to specified trade and family-maintenance payments under the revised FEMA framework.
    FEMA framework revisions described as effective from May 2026 expand Authorised Dealer Category-II activities to include specified trade remittances and family-maintenance remittances, subject to the applicable RBI and FEMA framework. EbixCash World Money Limited states that its perpetual AD-II licence carries this expanded scope. The release describes a non-bank channel for MSME and SME cross-border payments, supported by Nostro-account settlement, remittance and travel-card services, and technology-enabled compliance measures including document verification, sanctions screening, fraud detection and transaction monitoring.
    July 21, 2026
    Show AI Summary
    Foreign investment regulation: Draft rules propose simpler, principle-based compliance and clearer separation of procedural requirements from investment policy.
    Draft Foreign Exchange Management (Foreign Investment) Rules, 2026 propose a simplified, principle-based foreign investment framework. The proposals rationalise provisions, harmonise definitions, and separate procedural foreign-exchange requirements from foreign direct investment policy and sector-specific conditions. They aim to streamline procedures, reduce compliance burdens, enhance operational flexibility, and apply investor-neutral and investee-neutral provisions while preserving regulatory safeguards. The draft Rules remain subject to public consultation before finalisation.
    July 21, 2026
    Show AI Summary
    Prepaid payment instrument programme adds mobility and gift card capabilities with digital servicing subject to applicable programme conditions.
    Prepaid payment instrument programme launched for Indian Overseas Bank through CARD91's technology stack, incorporating RuPay National Common Mobility Card and Gift Card capabilities. The programme was implemented following requisite approvals, testing and compliance validation. The RuPay NCMC facility supports prepaid, tap-based payments for metro, bus and parking transactions, subject to the bank's programme conditions and user eligibility. Digital card servicing may include balance enquiry, transaction history, reload or top-up functions, and customer support, subject to applicable programme terms.
    July 21, 2026
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    Free trade agreements and e-commerce export reforms expand preferential market access, address non-tariff barriers, and support small exporters.
    Export market diversification is advanced through trade agreements, export-promotion measures and capacity building. Free Trade Agreements seek preferential market access, increased trade and investment, and support for labour-intensive exports, while technical barriers to trade provisions and engagement mechanisms address standards, regulatory requirements and non-tariff barriers. Cross-border e-commerce exports are supported through trade-finance and compliance assistance, E-Commerce Export Hubs, District Export Hubs, simplified courier-export procedures, reverse-logistics facilitation, logistics planning, duty-and-tax remission, and MSME export facilitation.
    July 21, 2026
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    Production Linked Incentive Schemes strengthen domestic manufacturing through investment support, export growth, employment generation, monitoring and eligibility reforms.
    Production Linked Incentive Schemes for 14 sectors promote domestic manufacturing, investment, exports, employment and global competitiveness. Overall coordination and monitoring rests with the Department for Promotion of Industry and Internal Trade, while sector-specific implementation is undertaken by the relevant ministries and departments. Implementation is periodically reviewed, with scheme modifications, rationalised guidelines, relaxation of specified eligibility conditions, project monitoring, stakeholder consultation and inter-ministerial issue resolution used to improve uptake and strengthen domestic manufacturing ecosystems.
    July 21, 2026
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    Separate corporate insolvency processes remain contested over foreign asset treatment, specialised resolution needs, and creditors' commercial decision-making.
    Separate corporate insolvency resolution processes for VIL and VOVL are disputed following reversal of an earlier consolidation direction. Independent processes were preferred because the entities operate in distinct sectors and may require specialised resolution, while creditors' choice was treated as commercial wisdom not ordinarily open to tribunal interference. The dispute also concerns whether foreign oil and gas assets should be treated as VIL assets, against the background of VIL's conversion from co-obligor to corporate guarantor to ring-fence those assets from domestic business liabilities.

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      CU-UP Becomes the First University in Uttar Pradesh to Launch Advanced Credit Programs, Offers 60 Online High-Demand Courses Free of Cost to Students

      June 24, 2025

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      Chandigarh University, Uttar Pradesh Rolls Out Industry-Powered Advanced Credit Programs – Free Global Certifications and Skill Training to Begin Even Before Degree Programs Lucknow, Uttar Pradesh, India (NewsVoir) Setting a new benchmark in the field of higher education, Chandigarh University, Uttar Pradesh has launched over 60 Advanced Credit Program courses. With this initiative, CU-UP has become the first university in the state to roll out such programs. The 'Advanced Credit Program' is a unique initiative through which students can acquire globally recognized certifications and industry-ready skills even before commencing their formal degree programs. Notably, in line with the objectives of the New Education Policy, CU-UP is offering all these courses entirely free of cost to ensure the holistic development of students in Uttar Pradesh.

      The credit points earned through the ACP are stored in your credit bank and can be used at any time. For instance, when a student moves from one course to another or switches streams, the Advanced Credit Program proves to be extremely beneficial. Under this digital system, students can transfer previously earned credits in specific subjects or courses to a different program or institution. The greatest advantage of this system is that students do not have to study the same subject again, saving both time and effort in their academic journey.

      Moreover, if a student has to drop out of a course midway due to any reason, they can rejoin the same or another program later and still utilize the credits they had already earned. This feature simplifies the multiple entry and exit options. Additionally, if a student wishes to pursue interdisciplinary learning—for example, studying science at the undergraduate level and switching to data science or management at the postgraduate level—the previously earned credits may still be valid for them.

      Chandigarh University’s Advanced Credit Program offers a total of 60 industry-powered courses. The Engineering cluster includes the 23 courses, covering topics like Artificial Intelligence, IoT, Robotics, and Cloud Computing. The Management cluster offers 15 courses, including Airline Operations, Business Analytics, and Personal Branding. The Liberal Arts cluster features 6 creative and skill-oriented courses, such as Architectural Design, Journalism, and Visual Storytelling. For students of all disciplines, the Common to All cluster includes 8 foundational courses like Communication Skills, Financial Literacy, and Entrepreneurship. The Engineering and Management category contains 5 interdisciplinary courses, while Engineering, Management, and Science includes 1 integrated course. Additionally, the Sciences cluster offers 2 focused programs, including Bioinformatics and Environmental Sustainability. Each of these clusters is designed in alignment with the demands of the global industry.

      One of the standout features of these programs is that students can pursue them online from the comfort of their homes. Furthermore, students enrolling in CU-UP’s programs will also receive certifications from leading industry partners. Global companies like SAS, Intel Digital Readiness, Altium, Zerodha Varsity, LifeSenz, and The Australia Today are part of this initiative, enhancing the value and credibility of these programs.

      The primary goal of the online Advanced Credit Program is to enable students to begin preparing for their careers early anytime anywhere, so that by the time they join the university, they are not just academically ready, but also equipped for professional success. The program features high-demand courses that typically cost thousands to lakhs of rupees, but CU-UP is offering them to students without any fee. These include high-quality certifications in Digital Marketing, Data Analytics, Artificial Intelligence, Machine Learning, Cybersecurity, Financial Literacy, Personal Branding, and Entrepreneurship, etc.

      Aligned with the New Education Policy, ACP is designed to help students bridge the gap between their passion and profession. All courses included under the program are curated in alignment with current industry needs, ensuring that students don’t remain confined to theoretical learning but gain real-world, job-ready skills. These certifications are not only recognized in India but also internationally, giving students a competitive edge and boosting their confidence in the global job market.

      This program has been structured to be inclusive, allowing students from any academic or technical background to participate. With an online learning format, students can study at their own pace and explore subjects of their interest in depth.

      The vision of Chandigarh University, Uttar Pradesh, extends beyond traditional education – the aim is to create an environment where every student can discover their true potential, sharpen their skills, and progress toward a successful future. ACP is a reflection of this vision – a platform that not only helps students graduate, but also transforms them into globally competitive professionals.

      Admissions to the ACP are now open. Interested students can register on the official website of Chandigarh University, Uttar Pradesh, and seize this valuable opportunity.

      On this occasion, Dr. Thipendra P Singh, Pro Vice Chancellor, Chandigarh University, Uttar Pradesh said, “It’s a proud moment that Chandigarh University Uttar Pradesh has become the first university in the state to launch Advanced Credit Programs, with over sixty courses to offer. At Chandigarh University, we are deeply committed to empowering students with learning opportunities even before they officially join our campuses. This forward-thinking approach is one of the key reasons we are ranked among the top universities in India and highly regarded across Asia.

      We are proud to introduce the Advanced Credit Program — an initiative that allows you to earn academic credits before stepping into a formal classroom setting. No matter which program, discipline, or campus you choose, ACP enables you to learn at your own pace and convenience.

      The program offers a wide array of courses across diverse domains, designed to sharpen your industry-relevant skills and give your career a head start. These are industry-aligned programs, co-designed and delivered in collaboration with leading experts to ensure real-world readiness. Through Chandigarh University’s Advanced Credit Programs, students can earn credits early, and stay ahead from day one of their academic journey.” “It fills me with immense pride and honor that Chandigarh University is now ranked among the top 2% of universities worldwide, as per the QS rankings — out of over 28,500 institutions. This legacy of excellence will continue at the Chandigarh University, Uttar Pradesh campus, where students will enjoy the same world-class facilities”, he added.

      On this occasion, Dr. Ajay Yadav, Registrar, Chandigarh University, Uttar Pradesh, stated that, “The objective of the Advanced Credit Program (ACP) is not just to teach students futuristic industry skills, but also to fully prepare them for career. Designed keeping in mind the New Education Policy, this program offers students the opportunity to learn skills from various domains alongside their academic studies, enabling them to give a new direction to their careers. With this vision, Chandigarh University, Uttar Pradesh has made available over 60 ACP courses to students even before the start of their academic programs, allowing them to gain globally recognized certificates and skills completely free of cost.” Dr. Ajay Kumar Singh, ACP Co-ordinator, and Head of Engineering, CU UP said, “As ACP co-ordinator, I am excited to share how ACP is transforming the way students prepare for university life. ACP is designed to bridge the gap between school learning and higher education by offering industry relevant modules in coding , AI, design, communication skills and many more –even before students formally begins their degree. But what makes ACP truly special is our Passion Tracks — where students explore interests beyond academics. From singing, dancing, cricket, and photography to yoga and wellness, we give equal space to creativity, talent, and personal growth. At Chandigarh University Uttar Pradesh, ACP isn’t just about early learning — it’s about early discovery, self-expression, and unlocking your full potential. Join ACP to begin your university journey empowered and inspired.” “The Advanced Credit Program (ACP) offered by the Faculty of Humanities and Liberal Arts, Chandigarh University, Unnao campus, is a learning bridge for the smooth transition of our students entering into the University learning space from Schools. It can be seen as a multivitamin with multiple advantages, empowering our students with insights into industry skills, global opportunities, while also giving them a glimpse of their academic learning journey at CU. Get enrolled in the ACP to enjoy and navigate your University-readiness life”, said Dr. Om Prakash Dwivedi, Director, Faculty of Liberal Arts and Behavioural Sciences, CU UP.

      Dr. Rajesh Sinha, Dean, Sciences, CU UP said, “The Advance Credit Program (ACP) offered by the Faculty of Sciences at Chandigarh University Uttar Pradesh offer an exciting opportunity for the aspiring scientists to accelerate their academic and career pathways. The program features a thoughtfully curated mix of future-focused interdisciplinary courses with having core fundamentals such as Basics of Mathematics and Statistics, JEE PowerPrep of Physics, Chemistry and Mathematics, as well as cutting-edge courses of Applied and Health Sciences like Bioinformatics Essentials, Cancer Biology, Cyber Law, Education for All: Disability, Diversity and Inclusion etc. For students who are keen and interested in Data Science, there are courses of Machine Learning, Applied Analytics, Data Visualization Tool, Robotics etc. ACP is designed to cater students, the depth and variety of learning. These courses designed to cater students, the depth and variety of learning and build a solid foundation and strong career path. With the flexible format, these certifications empower students to pursue their interest and stay aligned with current industry trends, and earn early academic credits for a successful career in science and beyond.” Dr. Abhishek Singh, Head of School of Legal Studies, CU UP said, "In the current digital era, it is imperative that all students learn the fundamentals of cyber laws. It aids in safeguarding private information, comprehending one's rights and obligations online, and preventing online crimes such as identity theft, hacking, and cyberbullying. Students study the legal ramifications of social media, digital privacy, and e-commerce in light of the rise in digital transactions. Understanding cyber law enables students to use the internet in a way that is safe, moral, and compliant with the law—a skill that is essential for both personal and professional life. Understanding cyber laws guarantees responsible digital citizenship, regardless of your profession—law, IT, business, etc. It's essential, not just helpful." Dr. Alok Kumar, Head, Business and Management, CU UP said, “The Advanced Credit Programme is the first step towards developing oneself as a budding professional in the domain area of your choice. It delivers value in a variety of forms, clear interface with your faculty members; funneling and channeling for focussed learning in domain area apart from earning credits that flows directly to your academic credentials in addition to making you possess a leader advantage even when formal courses are yet to begin. So it is indispensable and holds greater relevance in the era of knowledge economy. For the programmes and courses of Business domain, you shall gain a clear cut edge on the different developments that have got embedded in the business functioning of the modern age, you shall develop a deeper insight into understanding of contemporary business affairs, in the digital economy framework. Overall, you are ready to become a winner in all your professional endeavours.” About Chandigarh University Uttar Pradesh (Lucknow) Envisioned to foster a culture of sustainability and empower future global leaders, Chandigarh University, Uttar Pradesh, immerses 21st-century learners in a personalised and experiential learning experience, integrating an AI-powered academic model and a multidimensional, futuristic perspective on education. Our Uttar Pradesh campus carries forward the venerable legacy of more than a decade of Chandigarh University, Punjab, which has established itself as India's No. 1 Private University and a torchbearer of groundbreaking pedagogy and research-driven innovation. The AI-augmented new campus offers a broad spectrum of industry-driven futuristic academic programs encompassing data-driven insights, virtual reality experiences, real-world simulations, corporate mentorship, international perspective, interdisciplinary research, cultivation of entrepreneurial spirit, and professional competencies. www.culko.in.

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

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