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    Punjab govt committed to paying all valid dues; legal options being examined: FM Cheema
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August 4, 2026
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Dearness allowance arrears must be cleared promptly, while the government examines legal remedies and continues its structured liquidation plan.
Pending dearness allowance arrears of government employees and pensioners are to be cleared within a fortnight, with restraint on unproductive expenditure until admissible dues are paid. The government states that it will pay constitutionally and legally valid dues while examining the judgment, precedents and possible legal remedies. It attributes the arrears to delayed pay commission implementation and frozen dearness allowance, and states that a structured liquidation plan has been prepared and partly implemented.
August 4, 2026
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Money-laundering investigation examines alleged fraudulent industrial plot allotments, benami holdings and diversion of plots to residential use.
A money-laundering investigation under the Prevention of Money Laundering Act examines alleged irregularities in industrial-plot allotments involving corporation officials, private persons, property dealers and alleged benamidars. The inquiry concerns alleged use of fictitious firms and false addresses to obtain plots, allotments to relatives and associates, and alleged diversion or change of land use from industrial to residential purposes. These activities are alleged to have generated private gains while causing loss to the public exchequer.
August 4, 2026
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Rupee exchange-rate movement gains support from capital inflows, while oil prices, dollar strength and monetary policy shape sentiment.
Rupee exchange-rate movement was supported by foreign capital inflows and improved global risk sentiment, while elevated crude-oil prices and a stronger US dollar constrained gains. Market attention shifted to monetary policy, overseas dollar-deposit incentives and easier foreign access to government bonds, which were reported to support capital inflows and India's external position. A cautious approach to the benchmark repo rate was expected amid assessment of the West Asia conflict.
August 4, 2026
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Interim bilateral trade agreement negotiations continue as both sides work to finalise unresolved issues in the proposed arrangement.
Interim bilateral trade agreement negotiations between India and the United States are continuing. Both sides have undertaken substantial work, while certain issues remain to be finalised before completion of the proposed interim trade arrangement. A United States Trade Representative delegation visited India to advance discussions. The text records the status of negotiations and identifies no concluded agreement or operative customs measure.
August 4, 2026
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Fuel-price volatility mitigation will combine fiscal measures, consumer protection, energy security and fiscal sustainability during external energy shocks.
Fuel-price volatility is to be mitigated through fiscal and administrative measures that protect consumers while maintaining fiscal sustainability. The approach includes monitoring revenue and expenditure, reprioritising spending, and using fiscal measures when economic conditions require. Reduced central excise duty on petrol and diesel moderated the impact of elevated international crude prices and partly offset under-recoveries of public-sector oil marketing companies. Longer-term measures include revenue mobilisation, import diversification, Strategic Petroleum Reserves, cleaner fuels and energy efficiency.
August 4, 2026
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Tax policy certainty reforms propose easier fund management, data-centre access, electronics incentives and revised electronic-payment charging rules.
The proposed Bill seeks to simplify conditions for foreign investment funds using fund managers in India without being treated as carrying on business in India, while retaining safeguards against misuse and round-tripping. It proposes removal of approval requirements for foreign cloud companies using Indian data centres and permits leased operation of Indian data centres. It also extends tax support for foreign companies participating in electronics contract manufacturing and component warehousing, preserves tax-free dividends for REIT and InvIT investors in specified circumstances, and removes the prohibition on Merchant Discount Rate charges for notified electronic payment modes.
August 4, 2026
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Responsible precious-metals recycling supports recycled-gold products, organised buyback channels and a more self-reliant domestic supply chain.
Responsible precious-metals recycling is promoted through a commemorative recycled-gold coin intended to support domestic recycling, responsible sourcing and a self-reliant supply chain. The product is described as having certified purity authentication, tamper-proof packaging, a unique identification number and an assayer-certified minted card. The initiative seeks to reduce dependence on imported gold and expand organised, transparent recycling infrastructure. An organised silver buyback programme is also described as supporting secure consumer sales and a circular economy for precious metals.
August 4, 2026
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Broad-based growth strategy links tax reforms, trade resilience, industrial support and services development to medium-term economic expansion.
The growth strategy combines agricultural productivity, manufacturing, MSME support, infrastructure, logistics, ease of doing business, streamlined income-tax and GST reforms, innovation, digitalisation, human-capital development, energy security, public capital expenditure, foreign direct investment liberalisation, export promotion, fiscal prudence and price stability. Trade resilience is to be strengthened through expanded trade agreements, while manufacturing, services, agriculture and strategic sectors receive targeted policy support. The material also reports secured-asset enforcement cases and recoveries by banks under the SARFAESI framework during FY25.
August 4, 2026
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Co-operative bank governance and financial disclosure support digital transformation, risk management, priority-sector lending and sustainable member-focused growth.
Co-operative bank governance and financial disclosure were addressed at the annual general meeting, where the member-notice agenda was transacted and audited financial statements were presented. The bank reported growth in business, deposits and advances, together with net profit, asset quality, provisioning coverage and capital adequacy indicators. Its operational priorities include digital transformation, risk management, selective network expansion, customer service and operational discipline. Future priorities include retail and priority-sector lending, MSMEs, affordable housing and institutional deposits.
August 4, 2026
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Foreign-exchange market conditions weakened the rupee as oil prices, domestic equities and dollar strength shaped near-term currency expectations.
The rupee weakened against the US dollar amid elevated crude oil prices, weaker domestic equities and a stronger dollar index, while foreign fund inflows moderated the decline. Attention shifted to the central bank's monetary policy meeting, with continuation of the existing benchmark policy rate anticipated. Earlier measures encouraging overseas dollar deposits and facilitating foreign participation in government bonds were reported to support capital inflows and India's external position.
August 4, 2026
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MSME credit expansion combines SIDBI lending initiatives with guaranteed additional working-capital facilities for eligible borrowers.
MSME credit access is being expanded through SIDBI's branch network, direct lending, refinance support, co-lending arrangements, affordable credit for informal micro-entrepreneurs, and invoice-based digital credit for micro enterprises. Emergency Credit Line Guarantee Scheme 5.0 enables eligible MSMEs to obtain additional credit linked to peak fund-based working-capital outstanding, with full guarantee coverage for member lending institutions against defaults on the additional facility. The scheme also covers scheduled passenger airlines under distinct eligibility and guarantee parameters.
August 4, 2026
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Furniture and interiors sourcing platform connects Indian manufacturers with domestic and international trade buyers through direct procurement opportunities.
imm india 2026 is presented as a business-to-business sourcing platform linking Indian furniture, home de cor, rug, carpet, mattress and handicraft manufacturers with domestic and international trade buyers. It is intended to provide direct manufacturer access, design-led sourcing and project-scale procurement opportunities for architects, designers, retailers, hospitality professionals and real estate developers. The programme includes a hosted buyer initiative, industry conferences, knowledge sessions and awards addressing innovation, sustainability, craftsmanship and design.
August 4, 2026
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Financial literacy Olympiad builds students' practical understanding of mutual funds, financial planning, market concepts and responsible investment participation.
Financial literacy and investment awareness are promoted through a nationwide, multi-level educational competition for undergraduate and postgraduate students. Participants are assessed on mutual funds, investment fundamentals, financial planning, market concepts and long-term wealth creation, with exposure to market-linked products including ETFs, portfolio management services, alternative investment funds and specialised investment funds. The initiative combines academic institutions and financial-sector participants to improve practical investment knowledge, informed decision-making and responsible participation in investment markets.
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.

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Top 10 Leaders Empowering Future Generations Unveiled by Kiteskraft Productions LLP

June 30, 2025

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CHANDIGARH, India, June 30, 2025 /PRNewswire/ -- India's growth narrative is being powered by visionary leaders whose forward-thinking strategies and transformative leadership are redefining the nation's future. Top 10 Leaders Empowering Future Generations, an initiative by Kiteskraft Productions LLP, honors these trailblazers, changemakers, and pioneers who are revolutionizing industries and driving meaningful societal change. With bold ideas, unwavering dedication, and impactful contributions, they are not only empowering communities but also building the foundation for a more inclusive, dynamic, and progressive India.

Dr. Er. Ratnesh Gupta: Dr. Er. Ratnesh Gupta Ji is currently serving as the Training Officer at Govt. ITI Datia and holds multiple key roles including Junior Apprentice Advisor, Nodal Training & Placement Officer, District Incharge for the World Skill Competition, and Master Trainer under the Assembly Level Master Trainer program. As a member of the DM's 22 Commissions Team in Datia, he is actively contributing to community development and vocational excellence.

An academic achiever and former Director of GATEIIT Academy, he has led several training and development initiatives across Madhya Pradesh. His literary contributions are equally noteworthy — his book 'Aisa Desh Hai Mera' earned him the Indian Literature Award and the Bharat Kavya Ratna Samman, and he was recently named Best Poet of the Year 2025.

Dr. Gupta is the visionary behind the education app "Ratnesh Classes", and aspires to build it into a leading ed-tech platform. His work has earned him prestigious honors, including the Visionary Indian Award, Best Teacher Educator, and Most Inspiring Social Worker of the Year 2025.

Ar. Deepthi Peshkar: A Visionary in Sustainable Interior Design Ar. Deepthi Peshkar is a distinguished architect, interior designer, and academician, known for her contributions to sustainable and innovative design. As the founder of Shri Dhaatri Architects and Interior Designers in Hyderabad, she has led the firm successfully for over six years, offering expertise in interior design, architecture, and landscape design.

With a Master's degree in Architecture specializing in Interior Design from J.N.T.U., Hyderabad, and over 15 years of professional and academic experience, Ar. Peshkar blends creativity with practical insights. Her designs reflect a deep commitment to green buildings and sustainability, earning her the prestigious IGBC Accredited Professional status.

She is a registered architect with the Council of Architecture (CoA-INDIA), an associate member of the Indian Institute of Architects (IIA), and a registered associate member of the Institute of Indian Interior Designers (IIID).

Passionate about academia-industry collaboration, Ar. Peshkar continues to influence emerging designers while staying at the forefront of eco-conscious architecture. Her work stands as a testament to dedication, innovation, and sustainability in modern design.

Dr. Kiran Thakur: A Visionary Leader in Journalism, Banking, and Social Service Dr. Kiran Thakur is a dynamic leader whose impactful career spans journalism, cooperative banking, education, and social work. Beginning his journalistic journey in 1968, he rose to become Editor of Tarun Bharat, one of Maharashtra, Goa & Belgaum's leading dailies with eight editions. Under his visionary leadership, the newspaper embraced modern technology and grew its readership to over 1.5 million.

As the Founder Chairman of Lokmanya Multipurpose Co-op Society, Dr. Thakur steered its growth to over 213 branches across India. His pioneering work in cooperative banking earned him several honors, including the Rotary Leadership Award.

Deeply committed to education, he has led institutions like the South Konkan Education Society , Tarun Bharat Trust and Lokmanya Education Society, positively impacting thousands of students. His philanthropic initiatives through the Lokkalp Foundation (CSR) include 32 village adoption, youth festivals, and vital community services.

Dr. Thakur's contributions have been recognized with prestigious awards such as the Dr. N. B. Parulekar Award and an honorary D.Litt from Tilak Maharashtra Vidyapeeth. His life's work reflects a legacy of innovation, empowerment, and dedicated service to society.

Er. Jitendra Attri: ATTRICO TOOLS AND EQUIPMENTS PVT. LTD – BRAND OF THE YEAR 2025 Attrico Tools and Equipments Pvt. Ltd. has rapidly risen to prominence as a trailblazer in India's industrial tools and equipment sector. Under the visionary leadership of its MD & CEO, Er. Jitendra Attri, the company has been honored as the "Brand of the Year 2025", marking a milestone in its journey of excellence and innovation. Specializing in advanced material handling systems, industrial tools, and heavy machinery, Attrico plays a pivotal role in supporting large-scale manufacturing and infrastructure development across the country.

With an expansive sales and service network, the company has secured high-value contracts from leading national giants such as NTPC, BHEL, TATA, RELIANCE, ADANI, ULTRATECH, and the BIRLA Group. Renowned for its reliability, technical expertise, and timely project execution, Attrico continues to raise industry standards.

As it builds on its legacy of trust and performance, the company remains focused on its goal to become India's No.1 tools and equipment supply brand by 2026, powered by innovation and customer-centric strategies.

Dr. Rupali Singh: A Visionary in Academia and Corporate HR Dr. Rupali Singh is an accomplished academician and HR strategist, currently serving as Director and Professor at Atmiya University, Rajkot. With over 18 years of experience in higher education, corporate advisory, research, and policy development, she is a key figure in driving digital transformation in academia.

She holds a Ph.D. in Management from MNNIT Allahabad and a D.Litt. in HR from France, along with executive education from IIM Bangalore. As a Certified Independent Director, Dr. Singh advises corporate boards on governance, talent strategy, and institutional innovation.

Her excellence has been recognized with over 25 awards, including Bharat Gaurav Ratna, Bhartiya Naari Ratna, Humanitarian Excellence Award, Leadership Excellence Award, and The Times Award. She was also nominated for the Padma Shri in 2024 and invited to the Rashtrapati Bhawan for a national round table.

A prolific writer and dedicated mentor, Dr. Singh credits her success to her supportive husband and family.

She can be reached at: [email protected]| [email protected] Vijayasarswathy: Vijayasarswathy is an inspiring educationist and leader dedicated to empowering students and professionals. As Founder and Executive Director of Victory Pathways, she has positively impacted over 12,000 individuals through transformative educational solutions. Serving as Academic Director at Eduverse International, she boosted study abroad program participation by 30% with innovative program designs and, as an Overseas Education Consultant, successfully placed over 5,000 students in international universities. At Mahatma Global Gateway, she enhances career development initiatives, increasing internship placements by 30% in the first semester and improving job readiness scores by over 40%. Her resume and interview workshops raised successful job applications by 25%, while her partnerships with local businesses improved the university's placement rate by 15% within a year. With experience as an IB University Career Counselor and corporate trainer, she excels in curriculum development, counseling, and soft skills training. Her dedication continues to shape countless academic and professional journeys.

Dr. Soma Goho : Dr. Soma Goho – Visionary Educator & Child Development Pioneer Dr. Soma Goho is an Indian educator, author, and founder-director, widely recognized for her innovative work in empowering children through soft skills, brain development, and entrepreneurship training. She founded Promise Your Child for a Better Future, a pioneering initiative dedicated to unlocking the potential of young minds through cognitive and behavioral programs.

Her efforts span education, entrepreneurship, and brain science, establishing her as a leading force in personal and professional development for India's youth. Under her leadership, Promise Centre of Education has grown to over 60 centers across West Bengal, reaching 5,000+ children annually with personalized programs.

A former leather export professional, Dr. Goho's global exposure highlighted gaps in structured child development in India. This insight fueled her mission to create inclusive, future-ready learning models.

Her contributions include launching India's first digital abacus, and collaborating with universities in Canada, the UK, and Australia, opening international academic avenues.

Awarded by Assocham and Franchise India, Dr. Goho's journey exemplifies innovation, women's empowerment, and visionary leadership in education.

Dr. Arihant M Taleda: Dr. Arihant M Taleda – Pioneering Innovation with Purpose Dr. Arihant M Taleda has established itself as a dynamic force in the pharmaceutical industry, recognized for its unwavering commitment to delivering affordable, high-quality healthcare. Founded on the pillars of compassion, integrity, and ethical responsibility, the company specializes in producing generic medicines that adhere to stringent international standards of safety and efficacy.

Blending scientific innovation with traditional Ayurvedic wisdom, the company provides a range of cost-effective, holistic treatment solutions aimed at addressing diverse health needs. Its vision extends far beyond profit margins—by organizing health awareness campaigns, free medical camps, and community outreach initiatives, it continues to positively impact underserved populations.

Dr. Arihant M Taleda also champions environmental sustainability through eco-conscious operational practices and green manufacturing methods. With a growing global footprint, the company is expanding its reach into international markets while maintaining a strong foundation rooted in ethics, quality, and social responsibility. Its continued pursuit of excellence positions it as a forward-thinking brand leading the way in responsible pharmaceutical innovation.

Mrs. Priyabhashni Pathak: Born on October 1, 1972, in Bareilly, Uttar Pradesh, Mrs. Priyabhashni Pathak is a dynamic personality whose journey reflects dedication and versatility. She holds a postgraduate degree in Economics and law degrees including an LLB in Criminal Law and an LLM in Corporate Law. Since 1999, she has served as a Panel Lawyer for national and private banks, while also mentoring aspiring legal professionals. Her accomplishments go beyond law—she has participated in national beauty pageants, winning titles like Mrs. Bareilly, Mrs. Uttar Pradesh, and Mrs. India (Divine), exemplifying elegance and confidence. She is also a trained Kathak dancer, fitness enthusiast, and passionate gardener. Deeply committed to social causes, she serves as Vice-President of Pashu Poshan Kalyan Samiti, working actively for animal welfare. Notably, she has donated blood over 20 times in recent years. Mrs. Pathak's multifaceted life stands as a powerful example of how professional excellence and social responsibility can go hand in hand, inspiring others to pursue their passions with purpose.

Prof. (Dr.) Tapas Kumar Sar:– A Trailblazer in Pharmacology and Toxicology Prof. (Dr.) Tapas Kumar Sar, DSc, is a distinguished academic and researcher in Pharmacology and Toxicology with over 20 years of experience. He is renowned for pioneering work in combating antimicrobial resistance (AMR) through innovative herbal-antibiotic formulations. His research is published in reputed journals like Scientific Reports, Journal of Agricultural and Food Chemistry, Phytomedicine Plus, Biomedical and Biopharmaceutical Research, and European Journal of Drug Metabolism and Pharmacokinetics. He holds an international patent for his contributions to pharmacology and toxicology and received the Best Doctor Award 2025. As a Ph.D. supervisor, he has mentored numerous scholars and serves on the editorial boards of prestigious journals. He is also a Bentham Science Ambassador and World Research Fellow. Prof. Sar was named Innovative Professor of the Year by the Global Chamber of Consumer Rights and featured among the Top 10 Teachers in India by Adreneur Consultancy Solutions. As an accomplished author, he received the International Star Author Award 2025 for his literary contributions.

About Kiteskraft Productions LLP: Kiteskraft Productions LLP, established in 2019, is a premier organizer of National and International Conferences and Award ceremonies across sectors like Education, Business, Healthcare, NGOs, and Entertainment. With a mission to recognize excellence, Kiteskraft honors individuals who drive innovation and outcome-based learning. Certified by ISO and MSME, and registered under MCA, it upholds high standards of quality. Recognized by the Scholar's Book of World Records, Kiteskraft fosters industry collaboration through impactful events. With a dedicated team and a vision for excellence, Kiteskraft Productions LLP continues to inspire, empower, and shape a brighter future. Visit www.kiteskraft.com for more.

Photo: Embedded Media (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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