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

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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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