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    Chhattisgarh govt departments owe Rs 3,117 crore in power bills, assembly told
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    ESDS Launches Swaraj Nandi and Swaraj Hansa, Two Sovereign Enterprise Security Platforms Built Entirely in India
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    TCS opens AI-focused Gemini experience centre in Kolkata
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    CCI approves acquisition by Opal Bidco Pte. Ltd. of 100% shareholding in STT GDC Pte. Ltd.
    Govt hikes windfall tax on diesel, ATF; cuts levy on petrol exports
    Goods worth USD 140 mn exported on first day of India-UK trade pact coming into effect
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    July 16, 2026
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    Electricity bill recovery and prepaid departmental billing are presented alongside independent tariff regulation and rooftop solar promotion.
    Electricity-payment arrears were reported against government departments and non-government consumers. Tariffs are determined independently by the State Electricity Regulatory Commission on factors including power-purchase costs, regulatory assets, the distribution company's financial position and public hearings. Recovery from non-government consumers is undertaken under the Electricity Supply Code, while a pre-paid billing system is being implemented for government departments to improve payment compliance. Rooftop solar installations are also being promoted to reduce household electricity bills.
    July 16, 2026
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    Rupee depreciation pressures intensify as elevated crude prices, foreign capital outflows and geopolitical tensions weigh on exchange markets.
    The rupee weakened for a fourth consecutive session amid elevated crude oil prices, a stronger dollar index and foreign capital outflows, with rising oil import costs adding to balance-of-payments pressures. Reserve Bank of India data showed an overall balance-of-payments deficit during the first two months of the fiscal year, although the current account recorded a surplus for April-May 2026. Geopolitical tensions and Strait of Hormuz risks were cited as supporting high crude prices, while possible Reserve Bank intervention could support the rupee.
    July 16, 2026
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    Zero-duty India-UK trade under CETA begins with jewellery and coffee consignments, supported by exporter compliance guidance.
    India-UK CETA introduced a low- or zero-tariff regime covering about 99 per cent of tariff lines for Indian exports to the United Kingdom. Initial zero-duty jewellery and coffee consignments reached the UK under the agreement. CETA is intended to improve market competitiveness, strengthen supply chains and support businesses, exporters, importers and investors. A dedicated facilitation forum and a guide to UK import standards and regulatory requirements support Indian exporters, particularly small and medium enterprises, in navigating the post-CETA trading regime.
    July 16, 2026
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    Foreign investor tax exemptions on government securities are proposed to continue, supporting sovereign debt market liquidity and capital inflows.
    Income-tax exemption for foreign investors in government securities is proposed to continue through the Income-tax (Amendment) Bill, 2026, replacing the corresponding ordinance. The ordinance exempted interest income and capital gains from the sale, exchange or transfer of government securities by foreign investors, effective from 1 April. The measure seeks to attract foreign capital, deepen the sovereign debt market and improve liquidity amid global economic volatility. The legislative agenda also includes MSME reforms concerning delayed-payment redressal, enforcement of arbitral awards and State flexibility in constituting facilitation councils.
    July 16, 2026
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    Foreign asset reporting requires complete Schedule FA and Schedule FSI disclosures despite limited information displayed in the Annual Information Statement.
    Annual Information Statement records for eligible taxpayers include foreign assets and foreign-source income information received through the Automatic Exchange of Information framework. The information is intended to facilitate accurate tax compliance and is not a scrutiny or investigation mechanism. As the displayed data is limited to information received from partner jurisdictions and is not exhaustive, taxpayers must correctly and completely disclose all foreign assets and foreign-source income in Schedule FA and Schedule FSI, whether or not such information appears in the Annual Information Statement.
    July 16, 2026
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    Donation management safeguards require transparent accounting, secure precious-metal handling, audits and adherence to prescribed banking and statutory norms.
    Donation-management governance at the Vaishno Devi shrine was reviewed with emphasis on transparency, accountability and compliance with standard operating procedures. The review covered collection, counting, accounting, custody and utilisation of offerings, supported by verification procedures, surveillance, banking safeguards and periodic audits. Security protocols also govern the handling, storage, transportation, processing and refining of precious-metal offerings. The review took place amid a pending complaint alleging irregularities in silver offerings, with complete records sought regarding action taken.
    July 16, 2026
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    EPFO-integrated provident fund payments streamline statutory compliance through digital banking, with real-time confirmations and instant challan downloads for businesses.
    EPFO-integrated provident fund payment service enables business customers to initiate statutory PF payments through the EPFO portal and complete transactions using the bank's internet banking platform. Real-time transaction confirmations and instant challan downloads support faster processing, cash-flow management and timely compliance with EPFO payment requirements.
    July 16, 2026
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    Privileged access governance and explainable security monitoring support auditable, sovereign enterprise cybersecurity across private and air-gapped deployments.
    Swaraj Nandi provides privileged-access management through credential vaulting, automated rotation, Zero-Trust approvals, multi-factor authentication, session recording and audit reporting. Swaraj Hansa provides AI-assisted security information and event management by collecting, correlating and triaging security signals with explainable alerts and human-owned decisions. Both platforms support on-premise, private-cloud and relevant air-gapped deployment models, and their compliance architecture is mapped to the RBI IT Framework, SEBI CSCRF, DPDP Act, PCI-DSS, ISO 27001 and NIST CSF.
    July 16, 2026
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    Money-laundering investigation targets alleged foreign-funded network facilitating illegal infiltration, forged identity documents and economic rehabilitation of immigrants.
    A money-laundering investigation examined an alleged syndicate facilitating illegal infiltration, forged Indian identity documents and settlement of Bangladeshi nationals and Rohingyas. Investigators alleged that public charitable trusts receiving foreign contributions channelled funds through multiple bank accounts, mule accounts and layered transactions to support economic rehabilitation through cash assistance, employment and income-generating arrangements. Searches were conducted under the Prevention of Money Laundering Act.
    July 16, 2026
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    Money-laundering investigation examines alleged foreign-funded networks supporting illegal infiltration, forged documents, and economic settlement of migrants.
    A money-laundering investigation concerns an alleged network facilitating illegal entry and settlement of Bangladeshi and Rohingya nationals. The alleged scheme involved forged identity and travel documents, charitable trusts receiving overseas contributions, and diversion of funds through bank accounts, mule accounts and layered transactions. Suspected fund use included settlement support, documentation, employment, cash assistance and income-generating assets. Searches examined the alleged infiltration, documentation and financial-support network.
    July 16, 2026
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    Agentic AI innovation centre enables consumer businesses to co-create, test and scale enterprise AI solutions across operational functions.
    TCS launched a Gemini Experience Centre in Kolkata with Google Cloud to enable consumer businesses to co-create, test and scale AI-led solutions. The centre showcases agentic AI applications for store operations, supply-chain management, omni-channel retail and customer service, serving retail, consumer packaged goods, travel, tourism and hospitality enterprises. The initiative uses Gemini Enterprise-based industry- and context-aware AI agents and seeks to accelerate agentic AI adoption and support movement from AI pilots to enterprise-scale deployment.
    July 16, 2026
    Show AI Summary
    Cost Inflation Index enables inflation-adjusted long-term capital gains calculations through indexed acquisition cost for eligible capital asset transfers.
    The Cost Inflation Index for financial year 2026-27 is 384 for computing inflation-adjusted long-term capital gains on transfers of capital assets, including immovable property, securities and jewellery. It is used to determine indexed cost of acquisition by adjusting purchase cost for inflation. Long-term classification generally requires holding exceeding 36 months, with stated periods of 24 months for immovable property and unlisted shares and 12 months for listed securities.
    July 16, 2026
    Show AI Summary
    India-EU industrial and technology cooperation advances through trade facilitation, resilient supply chains, digital innovation and expanded market access.
    India-EU industrial and technology cooperation was advanced through engagements addressing industrial collaboration, technology partnerships, bilateral trade opportunities and business-to-business cooperation. Discussions covered trade facilitation, investment flows, supply-chain resilience, digital innovation, competitiveness and regulatory challenges. The interactions emphasised industry-led growth, greater market access for Indian enterprises and innovation-driven partnerships under the Trade and Technology Council framework.
    July 16, 2026
    Show AI Summary
    Preferential India-UK trade framework introduces broad zero-duty export access, self-certified origin documentation, and social-security contribution relief for temporary professionals.
    India-United Kingdom CETA entered into force with preferential tariff treatment, including zero-duty access in the United Kingdom for nearly 99 per cent of India's exports. The Agreement covers goods, services and cooperation in customs, digital trade, financial services, telecommunications, intellectual property and professional services. The associated Agreement on Social Security exempts Indian professionals on temporary United Kingdom assignments from double social-security contributions for up to five years. Rules of Origin certification was operationalised through self-certified Certificates of Origin issued on the eCoO 2.0 platform.
    July 16, 2026
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    Labour market indicators showed stable overall participation, employment and unemployment, with marginal urban improvement and softer rural unemployment.
    Monthly labour-market estimates for persons aged 15 years and above, compiled under the Current Weekly Status approach, show stable overall labour-force participation, worker population ratio and unemployment rate in June 2026. Urban labour-force participation and worker population ratio improved marginally, while rural participation and employment remained stable. Female labour-force participation was broadly stable month-on-month. Rural unemployment eased slightly, urban unemployment rose marginally from the preceding month, and urban unemployment declined on a year-on-year basis.
    July 16, 2026
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    Competition clearance governs full acquisition of a data-centre provider alongside co-investor economic interests in the transaction.
    Competition approval concerns Opal Bidco Pte. Ltd.'s acquisition of the entire shareholding in STT GDC Pte. Ltd., a data-centre provider. The transaction also provides for specified co-investors to acquire economic interests in STT GDC on a see-through basis. STT GDC operates in India through an indirect subsidiary and is among multiple data-centre participants active in India.
    July 16, 2026
    Show AI Summary
    Windfall tax on petroleum exports revises diesel and aviation fuel levies while reducing the petrol export levy.
    Special Additional Excise Duty on petroleum-product exports was revised from 16 July 2026, increasing the levy on diesel and aviation turbine fuel exports while reducing it on petrol exports. Duty rates on petrol and diesel cleared for domestic consumption remained unchanged. The windfall tax framework seeks to support domestic fuel availability and discourage exporters from benefiting from differences between domestic and global fuel prices during elevated crude-oil prices.
    July 15, 2026
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    Duty-free market access under the India-UK trade pact expands exports while preserving safeguards for procurement and policy space.
    The India-UK Comprehensive Economic and Trade Agreement provides duty-free access for nearly 99 per cent of Indian exports and includes reciprocal government-procurement access subject to safeguards. India retains MSME preferences, limits covered procurement to selected central entities, excludes strategic sectors, and applies minimum contract thresholds. The agreement preserves compulsory licensing and permits withdrawal of certain concessions if a future UK carbon tax adversely affects Indian exports. Its gender, SME, environment, and labour chapters contain no dispute-settlement provisions.
    July 15, 2026
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    India-UK trade agreement expands duty-free market access and tariff reductions for exports, services, manufacturing and small enterprises.
    India-UK Comprehensive Economic and Trade Agreement (CETA) is stated to provide duty-free access in the UK market for 99 per cent of Indian products and to reduce or eliminate UK import tariffs across key product categories. It is expected to support Karnataka exports in manufacturing, agricultural produce, processed food, electronics, aerospace and medical devices, with certain tariff reductions phased out over time. Mode 1 services provisions are identified as beneficial to Bengaluru's IT industry, while awareness programmes and investment roadshows are proposed to help exporters and attract investment.
    July 15, 2026
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    Foreign investment screening cooperation advances investment flows alongside trade, technology, supply-chain resilience and prospective investment-protection commitments.
    India and the European Union concluded a work programme on foreign direct investment screening, exchanging best practices to facilitate investment flows. Trade and Technology Council cooperation addresses market access, standards harmonisation, supply-chain requirements, deep-tech innovation and critical dependencies. The parties also discussed free trade agreement ratification, World Trade Organization reform, and prospective investment-protection and geographical-indications agreements. The Council provides an institutional mechanism for cooperation on trade, trusted technology and economic security.

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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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