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    Railways operates first-ever direct freight train from Kolkata Port to Nepal's Biratnagar
    Haryana Cabinet approves housing, EV, MSME and governance reforms
    SC slams CBI, Delhi Police EoW over silence in Indiabulls probe, calls their conduct 'shocking'
    Govt introduces Bill in RS to tackle payment delays faced by MSMEs
    Regional Rural Banks (RRBs) Post Highest-Ever Net Profit of Rs. 10,177 Crore in FY 2025–26, show consistent improvement in other key financial param...
    Gross Non-Performing Assets (GNPA) of Public Sector Banks (PSBs) at historic low of 1.9% in FY 2025-26, achieve highest-ever net profit of ₹ 1.9...
    India's Toy Exports Soar 89.1%, Reflecting Strong Growth in Domestic Manufacturing
    India's Exports Scale Record US$ 863.1 Billion in FY 2025–26, Driven by Strong Trade with UAE, UK and Australia
    India's FTAs Deepen Global Market Access, Boost Export Diversification and Labour-Intensive Sectors.
    73 Sports Medal Winners of Chandigarh University get government jobs in 2025-26
    Centre orders sugar dealers to limit stocks to 30 days; stock limit at 4,000 quintals
    5 Credit Profile Checks That Can Improve Financial Health
    Gold Loan EMI or Bullet Repayment: Muthoot Finance Helps Choose Right in 2026
    EU-ASEAN Business Council Calls for stronger action on Illicit Trade, highlights India''s Strategic role
    Union Minister of Commerce & Industry Shri Piyush Goyal Announces Task Force to Support Toy Sector, Targets 5% Global Market Share by 2032.
    Bihar: Doctor held in connection with paper leak in PSC teachers' recruitment exam 2 years ago
    NYVO Launches India’s First Family Advisory Platform to Close the Investment Advisory Gap
    Tata Power to set up solar equipment manufacturing plant in Odisha
    SC asks Parsvnath Developers to file report on pending cases against it
    HDFC Bank board imposes Rs 1 lakh penalty on its MD, CFO and Group head in MSRDC case
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    July 28, 2026
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    Direct containerised rail freight movement enables seamless Kolkata Port-to-Biratnagar cargo transport without border transshipment under revised transit arrangements.
    Direct containerised rail freight movement between Kolkata Port and Biratnagar Customs Yard has commenced under the revised India-Nepal Rail Transit Protocol. The service enables end-to-end commercial rail carriage without border transshipment through the Jogbani-Biratnagar broad-gauge connection. Implementation of the revised Letter of Exchange operationalises direct commercial rail access, intended to reduce transit time, logistics costs and cargo handling while improving supply-chain efficiency, reliability and cross-border trade.
    July 28, 2026
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    State governance reforms expand housing relief, local audits, MSME support, property records, welfare measures and clean-vehicle tax incentives.
    The reforms provide concessional stamp duty and registration charges for eligible Economically Weaker Section housing beneficiaries, a statutory local-audit framework, and incentives for MSMEs and exports. They also establish rules for ownership records in Lal Dora areas and introduce a formula-based urban property-tax assessment framework with exemptions. Welfare measures cover compensation for specified unnatural custodial deaths, ex-Agniveer reservation, and compassionate appointments. Motor-vehicle tax measures provide a rebate for qualifying vehicles registered in women's names and exemptions for new electric vehicles.
    July 28, 2026
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    Investigation into alleged fund diversion faced scrutiny as agencies were required to disclose progress and decide on regular cases.
    Investigation into alleged dubious transactions and fund diversion involving Indiabulls Housing Finance Limited remained under scrutiny because investigating agencies did not provide an updated status or take a final decision on registration of regular cases. The Central Bureau of Investigation and Delhi Police Economic Offences Wing were required to file a comprehensive affidavit and status report. The allegations concern loans allegedly routed through corporate entities to promoter-linked companies, alongside inquiries involving financial, corporate-fraud and market-regulatory agencies.
    July 28, 2026
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    MSME payment-delay reforms propose faster dispute resolution, enforceable settlement recovery, and invoice discounting to strengthen supplier liquidity.
    The proposed amendment strengthens delayed-payment dispute resolution for micro and small enterprise suppliers through prescribed adjudication timelines and possible interim payment of at least half the awarded amount where a setting-aside application remains pending beyond six months. Mediated settlements and arbitral awards may be recovered as arrears of land revenue and are proposed to be legally enforceable debts under the insolvency framework. Central public sector enterprises would be required to route MSME invoice settlements through the Trade Receivables Discounting System.
    July 28, 2026
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    Regional rural bank oversight strengthens financial performance, technology adoption, diversified lending and financial inclusion in remote communities.
    Regional Rural Banks are regularly reviewed for financial performance, technology upgradation, MSME lending, loan diversification and financial inclusion in rural and remote areas. Their financial health improved over recent years, with growth in deposits, loans, credit-deposit ratio, net worth and capital adequacy, alongside improved asset-quality indicators. Financial-inclusion targets for bank-account access, micro-credit, insurance and pension schemes are set and periodically monitored to extend formal financial services.
    July 28, 2026
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    Emergency credit guarantee support addresses business liquidity mismatches while public sector banks report stronger asset quality and sectoral lending growth.
    Public sector banks reported improved balance-sheet health, rising business and lending, higher profits, stronger capital adequacy, and lower gross non-performing assets through FY 2025-26. Credit expanded across retail, agriculture, MSME, and infrastructure segments. Emergency Credit Line Guarantee Scheme 5.0 provides guarantee coverage to member lending institutions for eligible additional credit facilities addressing short-term liquidity mismatches, with full coverage for MSMEs and differentiated coverage for non-MSMEs and scheduled passenger airlines. Airline assistance is linked to peak credit outstanding and may require proportionate promoter or owner equity contribution above the applicable threshold.
    July 28, 2026
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    Toy quality regulation and export support strengthen domestic manufacturing, safety compliance, market access, and competitiveness in the Indian toy sector.
    Toy-sector measures combine quality regulation, import-duty changes, domestic manufacturing support, export facilitation, and promotional initiatives. The National Action Plan for Toys covers toy design, learning-oriented toys, quality monitoring, restrictions on unsafe imports, indigenous clusters, and domestic production. A Quality Control Order and BIS licensing framework support compliance with toy-safety standards. Cluster assistance, startup recognition, export-duty remission support, and zero-duty market access under specified trade agreements seek to strengthen competitiveness, while stated measures are associated with improved quality conformity, lower imports, and increased exports.
    July 28, 2026
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    Preferential market access under free trade agreements supports export diversification, labour-intensive sectors, and exporter use of tariff concessions.
    India's FTA framework is used to promote preferential tariff utilisation, export diversification and expanded market access. The Government monitors recently operationalised agreements through Certificates of Origin and partner-country trade data. Agreements with the UAE, Australia, Mauritius, Oman and EFTA are associated with increased product-line coverage, tariff preference utilisation and export opportunities. Labour-intensive sectors receive priority through preferential access, while calibrated tariff liberalisation and transition arrangements seek to protect sensitive domestic sectors. Trade e-Connect and the Trade Intelligence and Analytics Portal support exporters with market intelligence, rules of origin guidance, trade data and export-performance monitoring.
    July 28, 2026
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    Preferential Market Access under free trade agreements supports export diversification, labour-intensive sectors, tariff utilisation and data-driven trade facilitation.
    Preferential tariff utilisation under recently operationalised trade agreements is monitored through Certificates of Origin and partner-country trade data. Increased certificate issuance and expansion in exported HS-level tariff lines are treated as indicators of export diversification and market penetration. Labour-intensive sectors receive improved market-access opportunities under FTAs, while calibrated tariff liberalisation and transition arrangements preserve policy space for sensitive domestic sectors. Trade e-Connect and the Trade Intelligence and Analytics Portal provide exporters and policymakers with market intelligence, Rules of Origin guidance, FTA advisory services and trade-performance analytics.
    July 28, 2026
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    Sports-quota government recruitment recognised medal-winning student-athletes for public employment across defence, policing, railways and other government institutions.
    Sports-quota recruitment enabled medal-winning student-athletes to obtain government employment on the basis of sporting performances at state, national and international levels. Appointments covered armed forces, central armed police and paramilitary organisations, railways, police, the Income Tax Department, a public-sector bank, sports departments and other government institutions. The described sports framework provides scholarships, coaching, infrastructure, dietary support, travel, accommodation, equipment and selection-oriented physical, mental and personality-development training.
    July 28, 2026
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    Sugar stock controls require dealers to limit inventory duration and quantity, declare holdings, and curb speculative buying.
    Sugar dealers may not retain stock beyond thirty days from receipt or hold sugar above 4,000 quintals at any time or place. Government-account stocks and authorised Public Distribution System stocks are excluded. State Governments and Union territory administrations may prescribe limits only within the national ceiling and holding period. Dealers must declare and regularly update stock positions on the designated portal. The temporary restrictions are intended to maintain domestic availability, discourage speculative buying and contain sugar prices.
    July 28, 2026
    Show AI Summary
    Credit Profile Management requires timely repayments, controlled utilisation, selective borrowing and prompt correction of credit-report inaccuracies.
    A healthy credit profile depends on timely repayment of EMIs and credit-card dues, controlled credit utilisation and selective applications for new credit. Missed payments, sustained high utilisation and multiple hard enquiries may affect credit health and lender assessment. Individuals should periodically review credit reports for inaccurate personal details, closed loans recorded as active, missing repayment updates, duplicate loan entries or incorrect payment status, and promptly seek correction of discrepancies. Regular monitoring of credit score, repayment history, active accounts and enquiries supports informed credit-management decisions.
    July 28, 2026
    Show AI Summary
    Gold loan repayment structures require borrowers to weigh EMI interest savings against bullet repayment cash-flow flexibility and maturity obligations.
    Gold loans may be repaid through EMIs, which reduce principal and interest through periodic instalments, or through Bullet Repayment, which defers principal and accrued interest until maturity. The stated framework imposes tiered loan-to-value limits and caps consumption-purpose bullet loans at 12 months, with bullet-loan collateral assessment including projected interest. EMI repayment may reduce overall interest cost for borrowers with predictable income, while bullet repayment may preserve cash flow for borrowers expecting a defined future inflow. Borrowers should compare costs and review the Key Fact Statement before choosing a structure.
    July 28, 2026
    Show AI Summary
    Illicit trade prevention requires coordinated intelligence sharing, risk-based shipment controls and public-private cooperation to protect supply-chain integrity.
    Illicit trade prevention requires coordinated regional action through institutional intelligence-sharing, joint enforcement, regulatory alignment and public-private engagement. Proposed measures include risk-based pre-export assurance, shipment controls, digital customs tools and common principles adaptable to sector-specific risks. India is identified as a dialogue partner that can support secure regional trade through enforcement cooperation, intelligence exchange and risk-based governance. Analytical research, market intelligence, product-identification awareness and voluntary track-and-trace initiatives may assist in addressing illicit tobacco trade and strengthening lawful trade integrity.
    July 28, 2026
    Show AI Summary
    Toy-sector competitiveness is advanced through a task force and playbook focused on manufacturing, innovation, quality compliance and exports.
    Toy-sector competitiveness is proposed to be advanced through a dedicated task force and a playbook addressing manufacturing ecosystems, value chains, standards and compliance, skills, innovation, intellectual property and exports. The task force is intended to strengthen manufacturing capability, resolve value-chain bottlenecks, enable design and innovation, develop employment and skills, improve ease of doing business and support global value-chain integration. The roadmap emphasises domestic production, quality standards, localisation, branding, cluster development and support for MSMEs and startups.
    July 28, 2026
    Show AI Summary
    Examination-paper leakage allegations prompt arrest over arranging teacher recruitment candidates' access to leaked questions before the competitive examination.
    Alleged examination-paper leakage in the Public Service Commission teacher recruitment examination is under investigation by the state Economic Offences Unit. A doctor was arrested in connection with allegations that he participated in a conspiracy to leak the examination paper and arrange candidates' selection for payment. Investigators alleged that he arranged candidates who were taken to a hotel shortly before the examination and given access to the leaked question paper.
    July 28, 2026
    Show AI Summary
    Fee-only investment advisory integrates household goals, insurance and mutual fund execution through personalised, incentive-independent financial planning.
    NYVO's fee-only platform integrates investments, goals, insurance and cash flows into a personalised household financial plan. Users may connect existing mutual fund holdings, assess their alignment with financial goals and execute mutual fund transactions on the platform. Recommendations are based on an in-house asset-allocation model and mutual fund rating engine, while the flat-fee structure and absence of product-linked remuneration are intended to preserve independence from sales incentives. The platform uses read-only access under the RBI Account Aggregator framework.
    July 27, 2026
    Show AI Summary
    Solar wafer and ingot manufacturing expansion in Odisha advances subject to environmental, water and other regulatory approvals.
    A solar wafer and ingot plant is proposed on acquired special economic zone land in Odisha, subject to arrangements for environmental clearances, water and other approvals. Work is expected to commence in October, with operations targeted for January 2028. The facility is intended to support solar manufacturing capacity and may address export opportunities arising from European renewable-energy market access for non-Chinese supply chains.
    July 27, 2026
    Show AI Summary
    Homebuyer enforcement measures require developer compliance with deposit, project completion, and disclosure of pending cases.
    Homebuyer enforcement proceedings required the developer and its directors to disclose the status of pending purchaser cases and complete outstanding work in the booked dwelling unit by the specified deadline. Earlier directions required deposit of the recoverable amount with annual interest and warned of coercive consequences for non-compliance. Protective measures included freezing bank accounts, issuing bailable warrants, and preventing creation of third-party rights or transfer of possession. Insolvency proceedings were stated not to impede enforcement of directions concerning the homebuyers' claims.
    July 27, 2026
    Show AI Summary
    RBI direction compliance prompted internal disciplinary action over deposit mobilisation and marketing-expenditure payments, with the matter referred to RBI.
    HDFC Bank's board addressed potential divergence from applicable RBI Directions concerning deposits mobilised from the Maharashtra State Road Development Corporation and related marketing-expenditure payments. Based on recommendations of a Special Disciplinary Committee of Independent Directors, it treated the conduct as business overreach rather than mala fide conduct, personal enrichment, or improper motive. Monetary penalties and warning letters were issued to relevant employees, and the board directed communication of the matter to the Reserve Bank of India.

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      Compact Car Showdown: Wagon R, i20, and Grand i10 Nios See Price Drops on ACKO Drive

      June 25, 2025

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      BENGALURU, India, June 24, 2025 /PRNewswire/ -- In the Indian car market, the demand for compact cars is always high. These cars are popular because they are easy to drive, easy to park, and cost-effective. Three popular choices in this segment include the Maruti Wagon R, the Hyundai i20, and the Hyundai Grand i10 Nios.

      For those planning to purchase either of these models, there is some good news. For the month of June, ACKO Drive is offering massive discounts on these cars, making them more affordable. Let's take a closer look at these price drops and also explore the cars' performance.

      ACKO Drive Price Drops: June Special Discounts The Maruti Suzuki Wagon R comes at a price range of ₹5.80 lakhs to ₹ 8.03 lakhs (on-road price in Delhi). There are a total of 18 variants of the hatchback. ACKO Drive is offering a discount of ₹ 74,000 on the Wagon R.

      The Hyundai Grand i10 Nios sits comfortably in the middle with a price bracket of ₹ 6.66 lakhs to ₹ 9.52 lakhs (on-road price in Delhi) for its 15 variants. With ACKO Drive's June offer, buyers can enjoy a discount of ₹ 1 lakh, making it almost equal to the Wagon R.

      The Hyundai i20 is priced at ₹ 8.04 lakhs to ₹ 12.81 lakhs (on-road price in Delhi), which falls in the slightly higher range of hatchbacks, especially among the three. The 11 variants have well-distributed features, ensuring that even those opting for the base variant have a well-equipped car. With ACKO Drive's June discount, buyers can benefit from a significant price drop. The discount buyers can avail on this premium hatchback is ₹ 1,20,000.

      The Hatchback Design: Difference in Looks The Wagon R is a tall-boy, boxy-shaped car that stresses utility rather than style. Its upright position has excellent headroom. The dynamic alloy wheels, dual-tone exterior, and floating roof design add a hint of sportiness. The i20 has a classy and sporty look. It has got bold character lines, a Parametric jewel pattern grille, and sleek head lamps that are ideal for urban flair. The Stylish Z-shaped LED tail lamps and diamond-cut alloy wheels complete the look.

      The Grand i10 Nios is in the middle with its compact, rounded appearance and new design elements. It gets a contemporary grille, diamond-cut alloys, and LED DRLs, which look charming. All in all, the i20 presents the most premium-looking car, the i10 Nios appeals to the youth, and the Wagon R is more functional than stylish in its appeal.

      Interestingly, while these hatchbacks continue to rule the budget-friendly market, car buyers looking for a futuristic design paired with electric innovation may find the Tata Curvv EV an exciting upcoming option in the crossover segment.

      Powertrain Offerings: What's Under the Hood Maruti Suzuki Wagon R has two petrol engine choices, each providing varying degrees of performance and efficiency. The smaller 1.0L petrol engine has a displacement of 998 cc, whereas the more robust 1.2L petrol engine sports a higher displacement of 1197 cc. The 1.0L K10C generates 65.71bhp@5500rpm and torque of 89Nm@3500rpm. The K12N petrol engine offers 88.50bhp@6000rpm of power and 113Nm@4400rpm torque. Mileage ranges from 23.56 km/l to 24.35 km/l. There is also a CNG option available with the 998 cc engine. It has a mileage offering of 34.05 km/kg. It has two transmission choices: a 5-speed manual and a 5-speed AMT.

      The Hyundai Grand i10 Nios has a 1197 cc 1.2-litre petrol engine that produces a power of 81 bhp and 114 Nm of torque. It's small but powerful engine offers adequate performance and fuel efficiency. The CNG versions of the hatchback also use the same 1.2-litre petrol engine but with different power outputs of 68 bhp and 95 Nm of torque. The Hyundai Grand i10 Nios is equipped with a 5-speed manual or 5-speed automated manual transmission. The petrol MT variants have a mileage of 18 km/l, the petrol AMT variants offer 16 km/l, and the CNG variants have a mileage of 27 km/kg.

      The Hyundai i20 has a 1197 cc 1.2L 4-cylinder petrol engine. It has 5-speed manual and IVT automatic transmission options. The manual variants offer 16 km/l of mileage, and the automatic variants offer 20 km/l. The 1.2 l Kappa petrol offers a power of 82bhp@6000rpm and torque of 114.7Nm@4200rpm.

      A Quick Glance at the Features Maruti Suzuki Wagon R impresses with lots of interior space and simple features such as a 7-inch infotainment system and six airbags. It is functional without being premium. The Hyundai Grand i10 Nios features a high-quality interior, soft-touch material, wireless charger, rear AC vents, and six airbags. It is perfect in comfort and convenience. The Hyundai i20 is equipped with a long list of features in the upscale interior, digital cluster, and safety features such as ESC and fatigue monitor. It offers the best experience of all three. Overall, Wagon R is utilitarian, Nios is high on value, and i20 sets the pace in technology and safety.

      Conclusion Comparing the original prices, discounts, and features, the Grand i10 Nios definitely stands out as a promising choice. It is priced under 10 lakhs and offers functional features and a stable and balanced ride quality, perfect for city streets. The Wagon R and i20 are also excellent options, ensuring a comfortable and enjoyable ride. Buyers can consider their personal taste and driving needs to make the right pick among the three.

      Disclaimer: The discounts and promotional offers mentioned in this blog are valid only for June 2025. All price reductions are subject to vehicle availability and stock levels on the ACKO Drive platform. Offers may vary by location and are applicable only while stocks last. ACKO Drive reserves the right to modify or discontinue these offers without prior notice. For the most current pricing and availability, please visit the ACKO Drive website. Terms and conditions apply.

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

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