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    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...
    Raymond Lifestyle Limited Delivered a stable Q1 FY27 Performance
    Rupee rises 31 paise to 95.12 against US dollar in early trade
    Customs seizes 8 kg gold worth over Rs 11 cr at Kerala airports in one week
    Drill, Baby, Drill: India to fund Rs 650 cr per well for 60 deepsea wells to break its oil import habit
    Punjab GST revenue rises 20 pc to Rs 10,447 crore in April-July: Cheema
    India-China trade through Shipli La resumes after six years
    Odisha's export can reach USD 50 billion by FY 2029-30: Study
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    August 3, 2026
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.
    August 3, 2026
    Show AI Summary
    Financial performance reporting highlights revenue and EBITDA growth, garmenting recovery, retail optimisation, ESG commitments, and forward-looking risk disclosures.
    Financial performance reflects growth in total income and EBITDA, with improved margin, reduced net working-capital days, and a net-cash position. Branded textiles and high-value cotton shirting reported lower revenue due to the prior-year base effect, while branded apparel grew but faced lower margin from channel mix. Garmenting improved through order-book execution, tariff rationalisation, and new global clients. ESG priorities include female representation, waste-management initiatives, renewable energy, emissions reduction, and workplace safety. Forward-looking statements remain subject to regulatory, political, economic, and technological risks.
    August 3, 2026
    Show AI Summary
    Foreign exchange market support strengthens the rupee as lower crude prices, portfolio inflows and reserve growth improve sentiment.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar, attributed to lower global crude oil prices, a weaker dollar, sustained foreign portfolio inflows, higher foreign exchange reserves, and Reserve Bank of India presence in the foreign exchange market. Domestic equity market gains and net foreign institutional equity purchases were also identified as supporting factors.
    August 2, 2026
    Show AI Summary
    Gold smuggling detection targets sophisticated concealment methods through strengthened passenger profiling, intelligence gathering and coordinated investigations into organised networks.
    Gold smuggling detection at Kerala airports led to multiple seizures, registration of cases and arrests in alleged smuggling attempts. Organised networks reportedly use gold in paste or compound forms concealed in clothing, body cavities, aircraft seats and other unconventional locations. Enforcement measures include strengthened passenger profiling, intelligence gathering and inter-agency coordination, while investigations continue to identify associated syndicates and financiers.
    August 2, 2026
    Show AI Summary
    Offshore exploration funding supports deepwater drilling, shared infrastructure and seismic data to strengthen domestic hydrocarbon production potential.
    The Samudra Manthan National Offshore Exploration Scheme provides direct budgetary support for high-risk deepwater and ultra-deepwater exploratory drilling, subject to cost-sharing and per-well limits. Support is available to eligible operators holding or securing exploration acreage. The scheme also funds offshore data acquisition and shared subsea, receipt and processing infrastructure through a Common Hub Infrastructure model. It is intended to promote risk exploration, improve commercialisation of offshore discoveries and strengthen domestic hydrocarbon production potential within the existing exploration and licensing framework.
    August 1, 2026
    Show AI Summary
    GST compliance enforcement combines taxpayer refunds, analytics-based fraud detection, cancellation of fake registrations, and recovery of outstanding VAT arrears.
    Punjab attributed increased GST collections to voluntary compliance, intelligence-based enforcement and technology-driven tax administration, while facilitating compliant taxpayers through timely GST refunds. Data analytics, risk profiling and field verification were used to identify tax evasion, bogus billing, fake input tax credit networks and misuse of the GST registration framework. Measures included penalties, cancellation of fraudulent registrations and recovery of long-pending VAT arrears through attachment and auction of defaulters' properties.
    August 1, 2026
    Show AI Summary
    Cross-border barter trade resumes through Shipki La, subject to permitted goods, time limits, and import-export compliance requirements.
    Cross-border barter trade through Shipki La between India and Tibet resumed after a six-year interruption. Traders may exchange specified goods under a barter arrangement and must return within 72 hours. Traders are required to comply strictly with import-export regulations prescribed by the Union Ministry of Commerce, emphasising transparency and regulatory compliance. Expansion of permitted goods may be pursued through prescribed governmental and external-affairs channels.
    August 1, 2026
    Show AI Summary
    Export growth projections outline pathways for Odisha to expand merchandise trade through export diversification, MSME support and financing initiatives.
    Export growth projections for Odisha set out base, optimistic and ambitious scenarios through FY 2029-30, based respectively on historical growth, envisaged national export growth, and a larger share of national exports. Odisha's export basket remains concentrated in metals and minerals, led by aluminium products, with China as the principal export destination. Odisha Vision 2047 identifies exports, including MSME contributions, as an economic transformation driver, while export-financing and risk-mitigation initiatives aim to address financing gaps for exporters and MSMEs.

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      IBSAT 2025, an MBA/PGPM Entrance Exam for 9 campuses of ICFAI Business School, opens July 1, 2025

      July 1, 2025

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      HYDERABAD, India, July 1, 2025 /PRNewswire/ -- IBSAT is an online aptitude test conducted by The ICFAI Foundation for Higher Education (The IFHE), Hyderabad — a Deemed University. With remote proctoring, it can be taken from the comfort of one's home. The test assesses a candidate's skills in Quantitative Techniques, Data Interpretation, Data Adequacy, Vocabulary, Analytical Reasoning, and Reading Comprehension.

      Getting into a good B-school is the first step toward a rewarding management career. At ICFAI Business School (IBS), the selection process is designed to identify not just academic performers but also those with the potential to lead, innovate, and collaborate. Here's a quick overview of how the IBS Selection process works: Candidates with valid scores in CAT, NMAT by GMAC™, XAT, or GMAT™ (from 2023 onwards) are exempted from taking IBSAT 2025. However, taking IBSAT 2025 will make them eligible for a ₹2 lakh scholarship. In both circumstances, the candidates have to fill in the IBSAT 2025 application form to proceed further.

      IBSAT 2025 scores, as well as valid scores from the above national-level tests, are accepted for admission to the following programs: • MBA program at IBS Hyderabad, IBS Bangalore, IBS Dehradun, and IBS Jaipur • PGPM program at IBS Ahmedabad, IBS Gurgaon, IBS Kolkata, IBS Mumbai, and IBS Pune Eligibility Criteria MBA/PGPM: 2-Year Management Program • Graduation (any discipline) with 50% and above marks, with English as the medium of instruction.

      • Applicants must have completed at least 15 years of education (10+2+3 or 10+2+4 basis).

      • Candidates not meeting the English medium criterion must submit TOEFL/ NELT/ IELTS scores by May 31, 2026.

      • Final-year students are eligible to apply, provided they complete all graduation requirements (including practical exams, viva, assignments) before May 31, 2026.

      - Admission will remain provisional until they submit required academic proof.

      - Last date for submission of graduation documents: November 1, 2026.

      • Eligibility verification will begin from August 2026. It is the candidate's responsibility to ensure they meet all criteria.

      PhD Program in Management (Full-time / For Working Executives) Academic Requirements: • Graduation (any discipline) with 50% and above marks, with English as the medium of instruction.

      AND • Post-graduation (full-time) in any of the following, with 55% and above marks: - Management (Marketing/ Finance/ HR/ Operations) from a UGC-recognized university - Allied disciplines: Economics, Commerce, Psychology, Sociology, Public Administration, Statistics, Mathematics - Professional qualifications: CFA / CA / CWA / CS Note: Candidates admitted through non-management post-graduation or professional qualifications are required to complete first-year MBA courses before continuing in the PhD program.

      • Candidates not meeting the English medium requirement (at either graduation or post-graduation level) must submit TOEFL/ NELT/ IELTS scores by May 31, 2026.

      Selection Process Candidates shortlisted based on their scores in IBSAT 2025, or through CAT, NMAT by GMAC™, XAT, or GMAT™ (from 2023 onwards), will be invited for the selection process starting in the second week of February, 2026.

      The process includes two components: Micro Presentation and Personal Interview.

      Micro Presentation This part of the process is designed to assess a candidate's ability to think on their feet, organize their thoughts, and communicate effectively. Candidates will get 1 minute to prepare and 3 minutes to speak on a general topic assigned at random.

      Personal Interview The interview lasts about 5 to 7 minutes and is conducted by a panel that evaluates the candidate's attitude, clarity of thought, communication skills, awareness of current affairs, and overall readiness for a career in management.

      Admission decision Final selection is based on past academic performance, along with performance in the Micro Presentation and Personal Interview.

      IBSAT 2025 Important Dates Event Dates IBSAT 2025 Applications Open July 1, 2025 – 3rd week of December 2025 IBSAT 2025 Test Dates December 27–28, 2025 IBSAT 2025 Result 1st week of January 2026 Selection Briefings From 2nd–3rd week of January 2026 (70+ cities) Selection Process From 2nd week of February 2026 at IBS Hyderabad IBSAT 2025 Exam Pattern Section Title No. of Questions I Verbal Ability 50 II Reading Comprehension 30 III Quantitative Aptitude 30 IV Data Adequacy & Interpretation 30 Total 140 • Test Duration: 2 hours • No negative marking • No sectional time limits • Syllabus is broadly aligned with other national-level management entrance exams Scholarships worth ₹10 crore IBS offers merit-based scholarships for top performers in IBSAT 2025 (to be held on December 27–28, 2025).

      Eligibility Categories • Top rankers in IBSAT 2025 • Wards of IBS alumni • Physically challenged candidates • Wards of defence personnel (serving/retired from Army, Navy, Air Force, Paramilitary Forces) 500 scholarships of ₹2 lakh each are planned for the Class of 2028. The amount will be adjusted—₹1 lakh each—against the first and second term program fee instalments.

      Terms and Conditions 1. Candidates must appear and qualify in IBSAT 2025 (on December 27 or 28, 2025).

      2. Admission formalities, including fee payment and registration, must be completed on time.

      3. Scholarship amount will be adjusted against the program fee only.

      4. If a student withdraws, the scholarship amount will be deducted before any applicable fee refund.

      Mock Tests Free mock tests are available onibsindia.org.

      Mini mocks can be accessed via the official IBS mobile app.

      A National Mock Test Series with prize money will be held on: • 3rd Saturdays of August, September, October, November 2025 • 2nd Saturday of December 2025 Prizes include: Total 100 Prizes • 1st Prize: ₹1,00,000 • 2nd Prize: ₹50,000 • 3rd Prize: ₹25,000 • other prizes worth ₹5,000 each To register, visit NMT page.

      Campus Highlights • Over 30 years of experience in management education • 9 campuses follow the same pedagogy—case-based learning and a 14-week industry internship • Modern infrastructure with classrooms, libraries, labs, Bloomberg terminals, and SAP access • Placements consistently above 94% across all campuses • Highest International Package: ₹41.40 lakh • Highest National Package: ₹22 lakh • IBS Hyderabad Average Package: ₹9.82 lakh • For details:Placement Report • 75,000+ alumni, 40% in senior roles, 10% in international positions • IBS Hyderabad is AACSB accredited, NIRF Rank 39, Business Today Rank 22 To know more about life at the IBS Campuses, follow the social media links: IBS Ahmedabad, IBS Kolkata , IBS Bangalore, IBS Pune, IBS Mumbai, IBS Hyderabad, IBS Jaipur, IBS Gurgaon, IBS Dehradun and IBS Admission Office Fee Structure (2026–28) Campus Program Fee (2 Years) IBS Hyderabad ₹17,01,000 IBS Bangalore (IFHE Off-Campus) ₹13,05,000 IBS Ahmedabad ₹9,09,000 IBS Gurgaon ₹9,09,000 IBS Mumbai ₹9,09,000 IBS Kolkata ₹9,09,000 IBS Pune ₹9,09,000 IBS Jaipur ₹8,01,000 IBS Dehradun ₹7,02,000 How to Apply for IBSAT 2025 IBSAT 2025 is a single application process for admission to the 2-year full-time MBA/PGPM 2026–28 programs across all nine IBS campuses: • IBS Ahmedabad, Bangalore, Dehradun, Gurgaon, Hyderabad, Jaipur, Kolkata, Mumbai, and Pune Steps to Apply: Online: 1. Visit the official application portal 2. Fill in personal and contact details 3. Submit the application 4. Pay the application fee of ₹1800 After successful payment, applicants will receive login credentials through Email/SMS.

      In a week's time IBSAT 2025 official brochure will be dispatched to the applicant's address.

      Offline: 1. Visit the nearest IBS Information office 2. Fill in personal and contact details 3. Submit the application 4. Pay the application fee of ₹1800 Login credentials and the IBSAT 2025 official brochure is provided at the time of application.

      Contact Us ICFAI Business School Admission Office Plot No. 65, Nagarjuna Hills Punjagutta, Hyderabad - 500082 Telangana Ph: 040 - 23440963 (5 lines) Toll Free :1800 425 55 66 77 Email - [email protected] Visit: ibsindia.org Photo: Embedded Media Logo: 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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