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    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
    Piramal Pharma Limited Announces Results for Q1 FY27
    Advisory on Keeping on Hold the Proposed e-Way Bill Enhancements
    Innovation, Startups, MSMEs and Quality Manufacturing are Pillars of India's Future Growth: Shri Piyush Goyal at 22nd J.R.D. Tata Memorial Lecture
    UP ATS nabs kingpin of fake document racket from West Bengal
    Calcutta HC says voter ID, Aadhaar, PAN not proof of Indian citizenship
    Corporate Mitra Scheme Awareness Webinar organized by IICA Shillong, Ministry of Corporate Affairs witnessing overwhelming participation of youth and ...
    CCI approves amalgamation of Go Digit Infoworks Services, holding company of Go Digit General Insurance Ltd, with Go Digit General Insurance Ltd, such...
    CCI approves acquisition of units of Oaktree capital group Holdings, L.P. (OCGH), and Oaktree Equity Plan, L.P. (OEP) by Brookfield Asset Management L...
    Assam Exports First International Consignment of Purabi Ice Cream to Bhutan
    Building Deep and Resilient Financial Markets for a Viksit Bharat - Keynote Address delivered by Shri Rohit Jain, Deputy Governor at the Financial Ins...
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    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
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    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
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    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
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    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.
    July 30, 2026
    Show AI Summary
    Quarterly financial reporting highlights operational growth, FDA inspection compliance, product integration, and prior insolvency proceeds in pharmaceutical operations.
    Quarterly financial reporting records revenue growth and improved EBITDA performance across CDMO, Complex Hospital Generics and Consumer Healthcare operations. CDMO growth was linked to order inflows, higher capacity utilisation, pricing discipline and commercial expansion, while quality compliance included an Establishment Inspection Report for the Sellersville facility and continued Zero Official Action Indicated status. The prior-year exceptional item related to one-time insolvency proceeds from a supplier claim filed before the NCLT. Consumer Healthcare growth was attributed to power brands, e-commerce, premiumisation, pricing and cost optimisation.
    July 30, 2026
    Show AI Summary
    Proposed e-Way Bill enhancements remain on hold, with no production changes required pending further communication.
    Proposed e-Way Bill enhancements have been kept on hold until further notice. Stakeholders are not required to make production-environment changes pursuant to the earlier advisories concerning those enhancements. The related advisories and FAQs are to be withdrawn from the GST Portal pending further communication.
    July 30, 2026
    Show AI Summary
    Innovation-led industrial growth promotes deep-tech investment, startup commercialisation, technology-enabled MSMEs, quality manufacturing and global market expansion.
    Innovation-led industrial growth is linked to deep technology, research and development, skilled manpower, startups, MSMEs and globally competitive manufacturing. Public initiatives include long-term risk capital for emerging technologies, affordable computing capacity and semiconductor investment support. Startups are encouraged to move from prototypes to commercialisation through industry adoption and early domestic investment. Manufacturing and MSME policy emphasise technology adoption, automation, productivity, branding and uncompromising quality. Free Trade Agreements are presented as supporting global market access and export expansion.
    July 29, 2026
    Show AI Summary
    Fraudulent Aadhaar enrolment allegations involve forged supporting documents, misuse of operator credentials, remote access, and continuing investigation.
    Forgery of Indian identity and supporting documents is alleged in an interstate racket using false birth, domicile and school certificates to obtain Aadhaar cards for foreign nationals. The racket allegedly misused authorised Aadhaar enrolment operator login credentials and used virtual private networks and remote access to enrol applicants. The alleged mastermind was arrested, and investigation, including proposed custodial interrogation, remains ongoing.
    July 29, 2026
    Show AI Summary
    Citizenship proof requires more than identity, tax, electoral or banking records when nationality remains unestablished.
    Voter identity cards, Aadhaar cards, PAN cards and bank-account records were treated as non-conclusive proof of Indian citizenship. The petitioner and detainee were required to establish citizenship under the Immigration and Foreigners Act, 2025, and an appeal against deletion from electoral rolls did not itself satisfy that burden. The inability to identify the burial locations of the detainee's parents prevented proposed DNA-based verification and supported an adverse inference concerning their citizenship.
    July 29, 2026
    Show AI Summary
    Corporate Mitra Scheme builds local compliance professionals to strengthen MSME regulatory, financial, taxation, accounting and governance support.
    The Corporate Mitra Scheme develops qualified and accredited para-professionals to provide MSMEs with accessible, affordable compliance and business-support services. Corporate Mitras are intended to assist enterprises with regulatory compliance, finance, taxation, accounting and governance-related requirements, enabling MSMEs to focus on innovation, expansion and growth. IICA Shillong serves as the nodal agency for Northeast regional coordination, stakeholder liaison, promotion and awareness, with regional participation encouraged through reserved course seats and a fee concession.
    July 29, 2026
    Show AI Summary
    Amalgamation of Go Digit Infoworks with Go Digit General Insurance approved, with the general insurer continuing as surviving entity.
    The Competition Commission of India approved the amalgamation of Go Digit Infoworks Services Private Limited, the holding company of Go Digit General Insurance Limited, with Go Digit General Insurance Limited as the surviving entity. Infoworks has no present market-facing business activities. Go Digit General provides general and health insurance products and services in India, with a specialised focus on general insurance.
    July 29, 2026
    Show AI Summary
    Competition approval enables Brookfield's indirect acquisition of Oaktree entities, combining alternative investment management businesses.
    Competition approval was granted for Brookfield Asset Management Ltd. to indirectly acquire units in Oaktree Capital Group Holdings, L.P. and Oaktree Equity Plan, L.P., resulting in the acquisition of the Oaktree operating group of entities. Brookfield Asset Management is a global alternative asset manager, while the Oaktree group provides alternative investment management services.
    July 29, 2026
    Show AI Summary
    Processed dairy exports to Bhutan expand through compliance support, market access facilitation, and planned diversification of longer-shelf-life products.
    Processed dairy exports from Assam to Bhutan commenced with a Purabi Ice Cream consignment exported by North East Dairy and Foods Limited and manufactured through Assam's cooperative dairy network. The Agricultural and Processed Food Products Export Development Authority supported export documentation, regulatory compliance, market access and stakeholder coordination. The initiative seeks to expand value-added dairy exports from the North Eastern Region, with plans to introduce longer-shelf-life products and increase exports according to market demand.
    July 29, 2026
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    Financial-market depth requires reliable liquidity, risk transfer, transparent products and shared institutional responsibility for resilient long-term financing.
    Financial-market depth requires reliable liquidity and price discovery, efficient risk distribution, and diverse, meaningful participation across market conditions. Government and corporate bond markets, money markets, and foreign exchange and derivative markets should channel long-term savings into investment and enable management of interest-rate, currency and credit risks. Product innovation must serve genuine needs and be supported by suitability assessments, transparent disclosure, fair pricing, independent valuation and user risk-management capacity. Regulators, market institutions, issuers, investors and infrastructure providers share responsibility for resilient, transparent and trusted markets.

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      'Hong Kong Summer Viva': Calling All Fans to Dive into Festivals, Games and Parties – Only in Hong Kong!

      July 11, 2025

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      Hong Kong (NewsVoir) This summer, Hong Kong invites the world to experience “Hong Kong Summer Viva,” a season-long celebration of everything we love about summer, with exclusive experiences, parties and adventures for every type of fan. From theme park parties and island escapes to action-packed sports events, buzzing fairs and surprise pop-ups, Hong Kong Summer Viva is your invitation to dive headfirst into a summer to remember – only in Hong Kong.

      Global Fans Unite for Fun-Filled Theme Park Celebrations Get ready to groove into the summer party vibes! Starting June 28, Hong Kong Disneyland Resort (HKDL) has begun its 20th anniversary celebrations with The Most Magical Party of All, a year-long extravaganza filled with three unmissable festivities, including a brand-new anniversary-only castle stage show, largest-ever parade and the grandest nighttime spectacular in HKDL’s history. At this day-to-night party, tempt your tastebuds with more than 80 new food and drink creations, complete your party look with over 300 all-new 20th anniversary merchandise, and receive a complimentary digital party photo via the Disney PhotoPass mobile app.

      In collaboration with the Hong Kong Tourism Board, the Resort is introducing a limited-time postcard redemption offer. Fans registered on the DHK who spend HK$100 or more in a single transaction at any merchandise store in Hong Kong Disneyland Park can receive a complimentary, resort exclusive postcard* (while stocks last).

      Guests can mail the postcard for free using the in-park mailbox, sharing the magic of the 20th Anniversary celebration with friends and family around the world. Make your summer even more magical with this special keepsake! Over at Ocean Park Hong Kong, the fun continues with Ocean Park Summer Splash 2025. From 5 July to 24 August, panda lovers are in for a treat as they celebrate the first birthday of the Hong Kong’s panda twins – Jia Jia and De De, and meet their newest IP character installations, which are dressed in summer gear to welcome all visitors. Ocean Park Hong Kong will also offer special deals for overseas panda fans, including its first-ever “Twin Park Package Ticket” granting access to both parks. Guests can also receive an exclusive summer goodie bag filled with a panda luggage tag and park vouchers, with first come first serve purpose.

      The family-friendly Summer Splash 2025 also features water gun battle zones, a giant ball pool and adorable water play areas for little ones. As day turns to night, Water World Ocean Park Hong Kong will be turning up the energy with a splash-tastic dance party, including live DJ sets and picture-perfect sea views.

      Football Fever Takes Over Hong Kong Kicking off at the end of July, Hong Kong Football Festival 2025 will bring together four of the world’s top clubs – Liverpool FC, AC Milan, Arsenal, and Tottenham Hotspur – to face off at the new Kai Tak Stadium. Fans can catch two blockbuster matches on separate days: Liverpool FC vs. AC Milan on 26 July, and Arsenal vs. Tottenham Hotspur on 31 July, marking the first North London Derby played outside the UK.

      Exclusive open training sessions at Kai Tak Stadium offer rare access on 24 July (Liverpool FC), 29 July (Tottenham Hotspur), and 30 July (Arsenal). AC Milan’s Open Training will be held at the Hong Kong Stadium on 25 July. Additional club-led events and activities for fans will be announced. Please stay tuned! For Cristiano Ronaldo fans, the CR7® LIFE Museum Hong Kong will be on display for the first time in Asia, starting July 7 at K11 MUSEA. First signature museum of the football GOAT in Asia offers a captivating journey through the life and career of football’s greatest icon, Cristiano Ronaldo. This unique exhibition offers fans an unprecedented glimpse into the world of football through the eyes of one of the sport's most celebrated players.

      Sun-Soaked Islands and Marine Adventures for Outdoor Enthusiasts Island-hopping in Hong Kong offers more than just sun and sea – it’s a gateway to natural wonders and rich marine life, too. From June to August, travellers can enjoy a breezy two-hour “Sai Kung Volcanic Rock Region Boat Tour” with Recommended Geopark Guide (R2G) across this scenic UNESCO-listed corner of Hong Kong, where dramatic coastal formations like the Elephant Trunk Cave await.

      UNESCO Global Geopark - R2G Boat Tour of the Sai Kung Volcanic Rock Region Details: The Sai Kung Geopark boat tour runs from June to August, taking place every Tuesday, Saturday, and Sunday. Each day offers three rides at 9:00 AM, 12:00 PM, and 3:00 PM. The tour begins at Sai Kung Pier and follows a scenic route that includes a 30-minute stop at Sharp Island, followed by views of the bell-shaped sea arch, Basalt Island, Po Pin Chau, and Elephant Trunk Cave, before returning to Sai Kung Pier. The entire tour lasts approximately two hours.

      Tours are conducted in both English and Mandarin. The fee is HK$380 per person, with the same price applying to both adults and children. To join the tour, participants can register online at Trip.com.

      For a deeper dive beneath the surface, book your spot on a guided Coral Exploration Programme with the WWF Hong Kong Hoi Ha Marine Life Centre in the northeastern New Territories. You’ll glide over the marine park on a glass-bottomed boat, spot vibrant coral reefs and learn about local coral restoration efforts – a fascinating look at the city’s vibrant underwater ecosystem.

      Coral Exploration Tour Details: The Coral Exploration Tour is available from June to September and offers a unique opportunity to learn about Hong Kong's marine environment and the Hoi Ha Marine Park. Participants will explore the coral community in Hoi Ha and observe the vibrant corals of Hoi Ha Wan aboard a glass-bottomed boat. This activity is suitable for individuals aged 5 and above. The tour also includes a visit to a coral nursery facility.

      Round-trip transportation between Sai Kung and Hoi Ha Wan is provided. Tours are conducted in both English and Mandarin. The fee is HK$360 per person, with the same rate for both adults and children. To register, visit WWF Hong Kong’s booking page.

      2 Must-Visit Summer Fairs for Curious Minds Book lovers can look forward to two exciting events at the Hong Kong Convention and Exhibition Centre (HKCEC) in Wan Chai this summer. From 16 to 22 July, the Hong Kong Book Fair returns with the theme of the year, “Food Culture • Future Living”. It brings together publishers, authors and readers to promote the culture of reading through seminars with renowned authors from around the world, a range of cultural activities and the World of Art and Culture zone, all to inspire the public to explore reading the world.

      Then, from 25 to 29 July, the spotlight shifts to fandoms of a different kind with the five-day Ani-Com & Games Hong Kong (ACGHK), the city’s premier festival for anime, comics, gaming and cosplay. Whether you're a devoted manga enthusiast or just dipping your toes into the gaming world, this high-energy pop culture fest delivers an afternoon of colour, creativity and pure fun. ACGHK 2025 introduces a dedicated Tourist Fast Lane (Gate 1B) at normal ticket price for international visitors holding valid travelling documents.

      Even More Hong Kong Summer Events and Offers Besides attractions, hotels and Quality Tourism Services (QTS) Scheme-certified merchants are supporting HKTB’s “Hong Kong Summer Viva” thematic promotion. Starting on 23 June, locals and visitors can enjoy more than 100 summer dining and spending offers, including more than 20 of buy-one-get-one-free offers, covering merchandises and tourism products such as sweet soup drink, beverages, hotel afternoon tea sets and hotel buffet deals and many more. Various attractions and transport operators will also provide discounts and hospitality treats, such as free packages for round trip peak tram ride and Sky Terrace 428 admission ticket and water taxi tour around Victoria Harbour for HK$100. Further details will be announced in due course.

      Visit the Hong Kong Summer Viva page for full event details and insider tips. And don’t miss the revamped Discover Hong Kong travel platform, now featuring monthly event timelines, powerful search tools and up-to-date listings to help you plan the ultimate summer getaway.

      Click here to download high-res images.

      About Hong Kong Tourism Board (HKTB) The Hong Kong Tourism Board (HKTB) is a government-subvented body tasked to market and promote Hong Kong as a travel destination worldwide and enhance visitors’ experience once they arrive. These include making recommendations to the Government and other relevant bodies on the range and quality of visitor facilities.

      The HKTB’s missions are to maximise the social and economic contribution made by tourism to the community of Hong Kong and to consolidate Hong Kong’s position as a unique, world-class, and most desired destination.

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

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