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    Currently nine trade disputes pending against India under WTO rules: Govt
    MNLU Mumbai Launches MBA in Entrepreneurship & Digital Business Law
    AU Small Finance Bank Savings Accounts: Competitive Interest Rates, Zero-Balance Digital Account Opening and 24x7 Mobile Banking
    Rupee opens on flat note, rises 3 paise to 95.34 against US dollar in early trade
    Meeting of Heads of National Statistical Offices of BRICS Countries “Quality Statistics as Driver of Change”
    Modernization of National Sample Surveys through adoption of digital platforms such as Computer Assisted Personal Interview (CAPI) integrated with e- ...
    Govt hikes windfall gains tax on petrol, diesel, ATF exports
    No guidelines to regulate online astrology platforms: Consumer affairs department to CIC
    Yellow.ai, a Global Leader in Enterprise Agentic AI, to Go Public via $550 Million Merger with Bluerock Acquisition Corp.
    Shri Piyush Goyal Invites Indian and Uzbek Businesses to Co-invest and Co-manufacture; Calls for Doubling Bilateral Trade at India-Uzbekistan Business...
    Every ₹1 invested under Kisan Credit Card– Modified Interest Subvention Scheme (KCC-MISS) contributes ₹2.30 to net value addition in the...
    India achieves near-universal banking coverage, with 99.92% of inhabited villages now served by a banking outlet
    Rupee rises for 6th day, gains 12 paise to 95.31 against US dollar as crude drops
    ACE Software Posts Earnings Turnaround; Standalone Profit Before Tax Up 43% YoY
    Rajya Sabha passes bill to tackle payment delays faced by MSMEs amid Opposition protests
    MPC's 3-day meeting begins amid expectations of status quo on interest rates
    Trane Technologies Reports Strong Second Quarter Results; Raises Full-Year Revenue and EPS Guidance
    CBN dismantles inter-state counterfeit drug network in Bihar under Operation Vajra; mastermind arrested
    DRI seizes quantities of gold; drugs, e-cigarettes and other contraband in pan-India Ops; 20 persons, including 5 foreign nationals, arrested
    Union Government releases tax devolution of ₹1,09,019 crore to State Governments, as one advance instalment to accelerate their capital and deve...
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    August 4, 2026
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    WTO dispute settlement challenges test India's safeguards, agricultural support, technology tariffs and production-linked incentives across pending proceedings.
    Nine pending WTO disputes against India concern safeguard measures, sugar support and export schemes, information and communications technology tariffs, and technology-sector incentives. India contests the claims as consistent with its WTO rights and obligations. Appeals concerning iron and steel safeguards, sugar measures, and certain information and communications technology tariff reports remain pending, including because the WTO Appellate Body is non-functional. Other proceedings concern Chinese challenges to production-linked incentives, tariffs, and solar, automotive, renewable-energy and information-technology measures; one panel proceeding is ongoing and another panel has not been constituted.
    August 4, 2026
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    Digital business law and entrepreneurship education combine management, compliance and innovation training for technology-driven enterprise careers and ventures.
    The MBA programme integrates management education, entrepreneurial capability, digital business law, and legal and policy awareness for technology-driven enterprise. It addresses compliance, digital platforms, data-driven decision-making, artificial intelligence, digital transactions, intellectual property, cross-border commerce and evolving regulatory frameworks. The programme is designed for prospective founders, start-up professionals, transforming family businesses and careers in consulting, strategy, business development, policy-oriented enterprises and digital commerce, with industry-relevant entrepreneurship education and digital-first learning.
    August 4, 2026
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    Savings account access expands through video KYC, mobile banking, no-minimum-balance options, monthly interest payments and deposit insurance coverage.
    Savings accounts provide monthly interest payments, liquidity and access to funds, subject to eligibility, internal policies and applicable terms. Digital account opening through Video KYC is available for an account with no minimum balance requirement, supported by mobile banking for UPI transfers, bill payments and balance monitoring. Account variants include premium, value-oriented, agricultural, financial-inclusion, children's and basic no-frills accounts. Deposit insurance applies up to the prescribed limit per depositor per bank.
    August 4, 2026
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    Foreign-exchange market conditions supported a modest early rupee gain, while importer demand and policy data remained key factors.
    Foreign-exchange market conditions supported a marginal early appreciation of the rupee against the US dollar, led by broad US-dollar weakness, improved risk sentiment, lower oil-price levels and foreign portfolio inflows. Importer demand for dollars moderated the movement. Market direction remained linked to the forthcoming monetary-policy decision and US economic data, while reported central-bank activity was described as helping smooth currency volatility. The US dollar index, crude-oil movements, global supply expectations and domestic equity-market activity were relevant exchange-rate influences.
    August 4, 2026
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    Quality statistics drive statistical-system reform through administrative data, interoperable systems, stronger governance, and international cooperation for evidence-based policymaking.
    Quality statistics are advanced through modernised national statistical systems, administrative data, digital public infrastructure, and stronger data-governance and privacy standards. Cooperation among national statistical offices is intended to address data gaps through knowledge sharing, methodological harmonisation and statistical innovation. Discussions also emphasised digital dissemination, transformational statistical reforms, and the use of administrative data for timely, cost-effective and granular official statistics, supported by harmonised metadata, interoperable systems and institutional collaboration.
    August 4, 2026
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    Digital statistical modernisation strengthens survey quality, macroeconomic indicators, international standards alignment and infrastructure performance monitoring through standardised data systems.
    National statistical modernisation uses digital survey platforms with validation checks, AI-enabled support and multilingual interfaces, alongside short-duration surveys and administrative data to improve sampling and timely official statistics. Reforms include base revisions for Gross Domestic Product, Consumer Price Index and Index of Industrial Production; adoption of metadata, quality-assessment and classification standards; and alignment with international statistical principles and methodologies. Sustainable development indicators and infrastructure monitoring are supported through a national indicator framework, PAIMANA and a standardised performance dashboard.
    August 3, 2026
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    Windfall gains tax on petroleum exports increases to discourage exports and preserve domestic fuel availability during regional supply disruptions.
    Special additional excise duty on exports of petrol, diesel and aviation turbine fuel has been increased for the relevant fortnightly period, while existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall gains tax is intended to preserve domestic availability of petroleum products during the West Asia crisis and prevent exporters from benefiting unduly from price differences linked to elevated global crude oil prices.
    August 3, 2026
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    Online Astrology Platform Regulation: consumer department reported no guidelines, while information requests required revised factual disclosures.
    Online astrology platforms were reported as lacking specific regulatory guidelines within the consumer affairs department. The RTI application sought information on alleged unfair trade practices, investigations, complaints, licences, approvals, and applicable rules. The National Consumer Helpline stated that it had not investigated because it functions as a grievance-resolution platform. A revised factual response was required on investigations and complaint data, while queries concerning regulation, licences, approvals, and related investigations were to be transferred to the public authorities likely to hold that information.
    August 3, 2026
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    Business combination disclosure outlines shareholder approval, registration requirements, financing conditions, and forward-looking risks for the proposed public listing.
    The proposed business combination would take Yellow.ai public through a definitive agreement with Bluerock Acquisition Corp., subject to customary closing conditions and shareholder approval. Bluerock intends to file a Form S-4 registration statement containing a proxy statement/prospectus for proxy solicitation and securities issuance in connection with the transaction. The communication is not an offer or solicitation and states that no securities offering may occur without compliance with applicable registration, qualification or exemption requirements. Transaction projections and anticipated benefits are forward-looking statements subject to material risks and uncertainties.
    August 3, 2026
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    Bilateral investment and trade facilitation drive proposed co-investment, digital cooperation and advanced manufacturing partnerships between Indian and Uzbek businesses.
    India-Uzbekistan cooperation is proposed through co-investment, co-manufacturing and co-innovation, supported by the Bilateral Investment Treaty to promote investor confidence and reciprocal investment. Priority sectors include mining, textiles, healthcare, agriculture, food processing, digital technologies and advanced manufacturing. Trade facilitation measures include reducing trade barriers, mutual recognition of standards, approvals, testing and certification, customs digitalisation and improved trade routes. Regulators and standard-setting bodies are expected to cooperate under a structured, time-bound economic partnership.
    August 3, 2026
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    Concessional agricultural credit supports working capital, crop diversification, allied activities, and digital expansion under the Kisan Credit Card scheme.
    The Kisan Credit Card-Modified Interest Subvention Scheme provides concessional institutional credit to reduce farmers' interest burdens and improve timely working-capital access. The scheme is reported to support cropping intensity, multi-season cultivation, diversified crop portfolios, timely input use, and credit discipline through the Prompt Repayment Incentive. It also supports dairy, livestock, and fisheries-based income diversification. Credit-delivery measures include collateral-free lending, digital platforms, simplified applications, coverage expansion, and awareness campaigns. State-wise data tracks operative accounts, outstanding credit, and non-performing Kisan Credit Card accounts.
    August 3, 2026
    Show AI Summary
    Banking inclusion expands rural access while digital credit systems and payment security controls address service delivery and cyber fraud.
    Banking inclusion is pursued by providing banking outlets within a five-kilometre radius of inhabited villages, with branch expansion permitted subject to rural-coverage requirements and continuing assessment of uncovered areas. Agricultural credit delivery uses digital loan, beneficiary-verification, processing and claim-settlement systems. Digital payment security measures require minimum controls for payment channels and include fraud-intelligence sharing, artificial-intelligence-based identification of money-mule activity, digital lending-app analysis, cyber-incident reporting, public awareness campaigns and electronic-banking training.
    August 3, 2026
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    Foreign exchange market movement strengthened the rupee as lower crude prices, investment inflows and improved risk sentiment provided support.
    Foreign exchange market movement saw the rupee strengthen for a sixth consecutive trading session against the US dollar, supported by declining global crude oil prices, a softer dollar, foreign institutional investment inflows and gains in domestic equity markets. Improved global risk sentiment followed the decision to defer planned US military strikes against Iran and allow diplomatic engagement. Renewed geopolitical tensions were identified as a factor that could limit further appreciation.
    August 3, 2026
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    Quarterly financial performance reflects revenue growth, improved standalone profitability, and continued investment in AI-led digital technology platforms.
    Quarterly financial performance reported revenue growth in standalone and consolidated operations, higher standalone profit before tax, and a return to consolidated profitability. The company continues to invest in an AI-led, intellectual-property-driven digital technology strategy through enterprise software, SaaS platforms, digital commerce, cloud, data and AI solutions. Its priorities include scalable platforms, proprietary technology assets, recurring-revenue offerings, partnerships and selective acquisitions. Complete financial results, notes to accounts and regulatory disclosures are available through exchange filings and the company website.
    August 3, 2026
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    MSME delayed-payment reforms strengthen award recovery, faster dispute adjudication, invoice discounting, and interim supplier payment protection.
    MSME delayed-payment reforms seek faster adjudication, strengthened recovery and improved liquidity for enterprise suppliers. Courts may direct payment of at least half of an 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 recognised as legally enforceable debts under the insolvency framework. The measures also provide graded penalties, voluntary digital registration, invoice settlement through the Trade Receivables Discounting System, and additional Facilitation Councils.
    August 3, 2026
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    Monetary policy rate setting remains cautious as inflation, liquidity, growth and global uncertainty shape the policy stance.
    Monetary policy rate setting is expected to remain cautious amid global uncertainty, rising inflation risks and steady domestic growth. The inflation outlook is affected by energy-price pass-through, higher input costs, and seasonal and monsoon-related food-price pressures. Policy decisions are expected to remain data-dependent, guided primarily by domestic inflation, liquidity conditions and economic growth. A cautious or neutral stance is identified as preferable while external risks and inflation developments persist.
    August 3, 2026
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    Forward-looking financial disclosure raises revenue and earnings guidance while describing non-GAAP measures, capital allocation, and material business risks.
    Financial performance reporting identifies increased bookings, revenue growth, continuing earnings, and backlog, with segment-level operating and margin measures. The release addresses cash flow, capital allocation through dividends, acquisitions and share repurchases, and increased full-year revenue and earnings guidance. Forward-looking statements concerning financial performance, operations, demand, liquidity and capital deployment are subject to identified risks and uncertainties. Non-GAAP measures are presented as supplemental to GAAP measures, with definitions and reconciliations stated to be available in accompanying materials.
    August 3, 2026
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    Counterfeit drug enforcement targets illicit manufacture, storage and trafficking networks, with coordinated seizures and referral of non-narcotic stock.
    Counterfeit-drug enforcement under Operation Vajra addressed an inter-state network involved in the illicit manufacture, storage and distribution of narcotic drugs, psychotropic substances and spurious pharmaceutical products. Searches of unregistered godowns recovered narcotic products, unauthorisedly manufactured Buprenorphine injection ampoules, and counterfeit non-NDPS medicines. A farmhouse-based illicit manufacturing facility was dismantled, with machinery, chemicals and related materials seized under the NDPS Act, 1985.
    August 3, 2026
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    Anti-smuggling enforcement targets concealed gold, narcotics, protected products, prohibited e-cigarettes and restricted imports through coordinated intelligence operations.
    Intelligence-led anti-smuggling operations resulted in seizures of foreign-origin gold, narcotic drugs, hydroponic weed, protected wildlife and forest products, prohibited electronic cigarettes, and restricted poppy seeds and areca nuts. The operations identified concealment through fabricated baggage cavities, false cargo declarations, misdeclaration of origin, forged documentation, and concealment in transport vehicles. Poppy seeds are restricted under the Foreign Trade Policy and may be imported only subject to conditions concerning legally cultivated produce from designated countries and registration of import contracts with the Narcotics Commissioner.
    August 3, 2026
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    Tax devolution advance instalment strengthens State finances for accelerated capital and developmental expenditure through distribution of Union tax proceeds.
    Tax devolution was released to State Governments as an additional advance instalment alongside the normal monthly devolution schedule. The fiscal transfer shares net proceeds of Union taxes and duties with States, with the stated purpose of strengthening State finances and supporting accelerated capital and developmental expenditure. The release includes a State-wise distribution of tax-devolution proceeds.

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      Liebherr commences production of it’s Fully Integrated appliances outside Europe

      June 25, 2025

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      Liebherr Appliances India unveils its first Made-in-India Fully Integrated Refrigerator range; global and India leadership inaugurate the launch in Mumbai Mumbai, June 25, 2025… Liebherr Appliances India, the subsidiary of the globally renowned €14.6 billion Liebherr Group known for its innovation & precision engineering. Liebherr Appliances India today, announced the official launch of its first-ever Made in India Fully Integrated (FI) Fridge, Freezer & Combination. Liebherr Appliances, part of the globally renowned Liebherr Group, is present in over 100 countries, with five major production facilities located in Germany, Austria, Bulgaria, Malaysia, and India, serving both residential and commercial markets.

      Representing the next generation of refrigeration technology of Liebherr seamlessly blends into modern luxury kitchens, combining minimalist design, precision German engineering, and advanced cooling intelligence. This marks the brand’s foray into a high-growth segment that caters to the discerning Indian consumer who prioritises both form and function.

      As one of the world’s fastest-growing economies, India continues to be a strategic priority for global consumer goods brands, particularly in the premium segment. Recognising the potential of the Indian market as one of the largest and fastest-growing economies, with rising disposable incomes and an increasing aspiration for enhanced lifestyles. This move underscores the company’s long-term commitment to the Indian market and reflects its confidence in the evolving aspirations of Indian consumers. There’s immense opportunity in the Built-in Fully Integrated product category with benefits—ranging from innovative space optimisation to customisation for personal taste and needs, all while delivering a premium kitchen aesthetic. This category is poised for exponential growth in India as there is clearly a growing demand for this product category. In Europe this segment is more than 20% of overall market.

      To commemorate the launch, an exclusive, experience-led event was held at Liebherr Appliances’ Mumbai Experience Liebherr appliances: Innovation and quality, Powai bringing together global and India leadership in the presence of key dealers. The event featured immersive product showcases, curated interactions with experts, and luxury hospitality, befitting the sophistication of the product. The highlight of the event was the presence of Ms. Stéfanie Wohlfarth, Vice President of the Administrative Board, Liebherr Appliances, Mr. Steffen NAGEL​ ; Managing Director Sales and Marketing Appliance Division ​, Mr. Roman Schaefer, Head of Business Area India – Liebherr Appliances and Mr. Kapil Agarwal, Managing Director – Sales, Liebherr Appliances India.

      Speaking at the launch, Ms. Stéfanie Wohlfarth, Vice President of the Administrative Board, Liebherr Appliances said, “We are proud to launch the Fully Integrated (Built-in) product category in India— which is one of the world’s most dynamic and rapidly growing markets. At Liebherr Appliances, our global vision is deeply rooted in precision engineering, timeless design, and purposeful innovation. India’s growing appetite for premium and high-performance appliances aligns perfectly with our brand values. As we expand our global footprint, India holds strategic importance for us—not only as a market of immense potential but also as a place where we can truly connect with discerning consumers seeking both quality and sophistication in their everyday lives.” Mr Steffen NAGEL, Managing Director Sales and Marketing Appliance Division – Liebherr Appliances, further added, “Liebherr has been present in India for several years now, and it’s been truly encouraging to witness how well the market has adapted to our brand and innovations. The positive response to our innovation, single door and top mount models, reaffirmed the evolving preferences of Indian consumers. Now, we are excited to introduce the very core of Liebherr’s excellence—our premium European range. This launch marks a significant step in bringing the best of Liebherr’s engineering and design legacy to India, a market that continues to grow in both scale and sophistication.” Liebherr Appliances India is targeting a discerning customer base—individuals who value refined living, design-forward homes, and technological convenience. The brand’s fully integrated refrigeration range merges form and function, allowing premium consumers to achieve both aesthetic sophistication and everyday practicality in their kitchens.

      India is the only country outside Europe where Liebherr manufactures Fully Integrated refrigerators, highlighting the brand’s commitment to this fast-growing market. All models have been tropicalised to withstand India’s extreme and varied climatic conditions — a vital innovation for optimal performance, cooling consistency, and energy efficiency. With manufacturing based in Sambhajinagar, Liebherr aims to revolutionised the premium built-in segment by offering immediate availability of high-end products — a first in the category earlier dominated by long import lead times.

      Kapil Agarwal, Managing Director – Sales, Liebherr Appliances India, shared “We are launching Liebherr Appliances' Fully Integrated range in India with the widest portfolio available in the market. What sets us apart is that our products will be available as ready stock, ensuring immediate access for consumers without the wait for imports. All products confirm new BIS norms, backed by the strongest service and distribution network in the country. With this approach, not only do we make premium kitchen solutions more accessible, but we also ensure that after-sales service is seamless. We’re confident that adaptation of this category will be far smoother, as our offerings are tailored to meet the evolving needs of Indian consumers.” Tropicalised Liebherr appliances feature enhanced compressors, reinforced insulation, and optimised cooling systems. These modifications not only ensure consistent performance in ambient temperatures but also boost energy efficiency and extend product life. In India, tropicalisation is not a luxury—it’s a necessity. The company has engineered every detail to meet these functional demands while maintaining our signature design and quality standards. The launch is backed by a high-impact marketing campaign spanning print, electronic, digital, and influencer platforms, along with immersive retail and design studio activations.

      The Fully Integrated (FI) refrigerator segment in India represents a fast-growing niche within the premium appliances market, driven by the rise of modular kitchens, luxury housing, and smart-home adoption. Fully integrated refrigerators—designed to blend seamlessly into cabinetry—are gaining traction among affluent urban consumers and high-end developers. Fully Integrated refrigerators category is witnessing double-digit growth, with strong potential in Tier-1 and emerging metro markets as premiumisation and design-led kitchen planning gain momentum.

      About Liebherr Appliances India Liebherr Appliances India is part of the global Liebherr Group — a diversified industrial conglomerate with a multi-billion-dollar valuation and operations across 13 product segments in over 100 countries. As a global leader in refrigeration and engineering excellence, Liebherr operates five state-of-the-art manufacturing facilities worldwide, including its dedicated Indian plant in Sambhaji Nagar.

      In India, Liebherr Appliances has steadily built a strong position in the premium refrigeration category, particularly in the Direct Cool (DC) and Top Mount (TM) segments. With an expanding portfolio, Liebherr has aligned its offerings with the evolving needs of Indian households, combining European precision with features specifically designed for Indian usage patterns.

      Building on this momentum, Liebherr Appliances India has significantly expanded its product range. The Top Mount portfolio has grown to 32 SKUs with 10 finishes, introducing innovations like lever-handle effortless door opening and Hot to Cool technology that allows safe storage of freshly cooked food. In the Direct Cool segment, Liebherr has expanded to 69 SKUs across multiple capacities, featuring hands-free opening that enhances multitasking convenience.

      The launch of its fully integrated European range marks a key milestone in bringing Liebherr’s global design and technology leadership to India. Focused on discerning consumers who seek aesthetic refinement, intelligent functionality, and sustainable performance, Liebherr Appliances India continues to elevate everyday living with its premium, engineering-led refrigeration solutions.

      (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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