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    UCO Bank launches IFSC Banking Unit at GIFT City
    Banking sector has key role to play as India on way to become 3rd largest economy: Gujarat CM
    India's exports to US rise 12.85 pc in Jul; shipments to China jump 64.57 pc: Govt data
    50 tonnes of copper without e-way bills seized by Delhi GST, Railways joint team
    India's exports surge 19.6 pc in Jul; trade deficit widens to six-month high
    CBI ARRESTS CGST SUPERINTENDENT IN BRIBERY CASE
    The cumulative exports (merchandise & services) during April-July 2026-27 is estimated at US$ 316.42 Billion, as compared to US$ 279.63 Billion in Apr...
    Unlimit Mobile Ties Up with ICICI Bank Canada, RBC Royal Bank to Add Mobile Connectivity Benefits to Student GIC Journey
    Standard Chartered Accelerates India's GCC Growth with its Global Banking Expertise and 25 Years of GCC Experience
    IFSCA Grants Nexent Capital GIFT City Investment Banking License
    India's exports rise 19.63 pc to USD 44.24 bn in Jul; trade deficit widens to $31.98 bn
    Vizhinjam port to commence EXIM operations from Aug 18: Kerala CM Satheesan
    Ratul Puri: Beyond Low-Cost Power to Clean Energy Reliability
    PMS Bazaar Collaborates with NSDL Database Management Limited (NDML Accreditation Agency) to Expand Access to SEBI Accredited Investor Certification
    Compounded annual growth rate of Manufacturing GVA at constant prices (2022-23 base) as per revised series during 2022-23 to 2025-26 is 10.88%
    National Company Law Tribunal (NCLT) Launches e-Inspection and e-Certified Copy Services
    The Government of India to launch the Central Bank Digital Currency (CBDC)-based Direct Benefit Transfer (DBT) in the Union Territories of Chandigarh ...
    India and the Southern African Customs Union (SACU) sign Terms of Reference (ToR) for negotiations towards a Preferential Trade Agreement
    Airtel ends all prepaid mobile plans offering 1.5 GB data per day with unlimited calls
    ED arrests IBC resolution professional
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    August 13, 2026
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    International banking unit expands cross-border financing, trade finance and foreign-currency service access through GIFT City operations.
    UCO Bank has launched an International Financial Services Centre Banking Unit at GIFT City to provide permitted international banking services. The unit offers trade finance, external commercial borrowings, foreign-currency loans, loan syndication, treasury services and other permitted financial services. It serves Indian corporates, exporters, importers, financial institutions, overseas businesses and other eligible customers requiring cross-border financing and access to global financial markets. FCNR(B) deposits are also offered through the unit.
    August 13, 2026
    Show AI Summary
    Last-mile credit access is prioritised through timely lending, wider beneficiary coverage, digital support and stronger fraud vigilance.
    Banking-sector participation is emphasised through last-mile credit access for MSMEs, women entrepreneurs, rural artisans, small farmers and other underserved beneficiaries. Banks are urged to expedite government-scheme applications, maximise coverage and use technology for timely financial support. Industrial-policy assistance and incentives cover startups, SC/ST entrepreneurs, persons with disabilities and first-generation entrepreneurs. Greater coordination, expanded village banking access, and vigilance against cyber fraud and mule accounts are also prioritised.
    August 13, 2026
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    Merchandise trade growth saw rising exports to major markets alongside increased imports and continuing United States trade-pact negotiations.
    India's merchandise trade data records increased July exports to the United States and China, alongside growth in imports from both markets. Exports to Singapore, the United Arab Emirates, the Netherlands, Germany, South Africa, Tanzania, Australia, Malaysia, Sri Lanka, Italy and Vietnam showed positive growth, while July exports declined for the United Kingdom, Bangladesh, Saudi Arabia and Nepal. Imports also increased from Russia, Korea, Singapore, Germany, Oman, Malaysia, Taiwan and Brazil. India and the United States are negotiating a trade pact amid an additional United States tariff on India.
    August 13, 2026
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    GST transport documentation enforcement addresses freight movement of metals without valid e-way bills and invoices under applicable rules.
    GST enforcement action led to the seizure of copper and aluminium ingots transported by freight train without valid e-way bills and invoices. The metals were found in three train wagons during inspection of parcel cargo. Further proceedings are to be undertaken under applicable GST rules concerning movement of goods without prescribed transport documentation.
    August 13, 2026
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    Merchandise trade deficit widens as import growth outpaces exports despite strong petroleum, electronics and engineering shipments.
    Merchandise trade in July 2026 saw exports rise 19.63 per cent and imports increase 17.52 per cent, widening the trade deficit to a six-month high. Petroleum products, electronics, engineering goods and marine goods supported export growth, while crude oil and several commodity and capital-goods categories increased imports. During April-July 2026-27, faster import growth widened the cumulative merchandise trade deficit compared with the corresponding prior-year period.
    August 13, 2026
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    Bribery allegations in GST enforcement prompted arrest after alleged payment demand to avoid a tax-liability notice.
    Bribery allegations involving GST enforcement led to the arrest of a CGST Superintendent after a complaint alleged that payment was demanded from a private company to avoid issuance of a tax-liability demand notice and to close the matter. A trap operation resulted in the public servant being apprehended while allegedly accepting part of the demanded bribe, and the amount accepted was recovered. Searches were undertaken, and investigation remained ongoing.
    August 13, 2026
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    Trade performance shows rising merchandise and services exports, but faster import growth expands the overall trade deficit.
    India's combined merchandise and services exports and imports increased in July 2026 and April-July 2026-27, while the overall trade deficit widened. Cumulative exports were estimated at US$ 316.42 billion and imports at US$ 365.85 billion, resulting in a trade deficit of US$ 49.43 billion. Merchandise exports, non-petroleum exports, and exports excluding petroleum and gems and jewellery grew, led by petroleum products, electronic goods, engineering goods and chemicals. Services trade recorded a cumulative surplus of US$ 69.17 billion.
    August 13, 2026
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    Student GIC referral programmes integrate connectivity credits with funding verification and post-arrival banking arrangements for eligible international students.
    Referral arrangements connect mobile connectivity benefits with the Student Guaranteed Investment Certificate application journey. Applicants may access an online portal through a referral link, submit documents, complete know-your-customer verification, and fund the GIC from permitted Indian bank accounts in no more than two transactions. After arrival, students may activate the GIC account and open a linked bank account for receipt of GIC transfers. Eligible verified applicants receive non-cash mobile credits usable only against mobile bills, subject to a cap on the bill portion payable through credits.
    August 13, 2026
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    Global Capability Centre banking support connects offshore and onshore operations to simplify financial management and enable cross-border expansion.
    Global Capability Centre banking support is positioned around connected offshore and onshore banking, international network access, digital banking platforms, and expertise in treasury centres, cross-border corporates, and evolving GCC operating models. The approach seeks to simplify financial operations and support GCC expansion across global markets. India's GCC ecosystem is characterised as a leading global capability hub, with capability centres evolving into strategic enterprise hubs requiring support for operational and financial complexities across markets.
    August 13, 2026
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    Investment banking registration enables regulated cross-border offerings, listings, debt transactions and capital-market advisory through GIFT City.
    IFSCA registration under the IFSCA (Capital Market Intermediaries) Regulations, 2025 authorises Nexent Capital IFSC Private Limited to operate as an investment banker from GIFT City. Permitted activities include management of initial and follow-on public offerings, SPAC and secondary listings, depository receipt issuances, debt capital-market transactions, and other capital-market advisory mandates. The firm proposes to provide transaction structuring, listing-readiness, execution and post-listing capital-markets support for companies seeking capital raising and listing opportunities through GIFT City's exchanges.
    August 13, 2026
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    Merchandise export growth was driven by petroleum, electronics, engineering and marine goods, while rising imports widened the trade deficit.
    India's merchandise exports increased in July, while imports also rose and widened the trade deficit. Export growth was attributed to higher overseas shipments of petroleum products, electronics, engineering goods and marine goods. Exports and imports both recorded growth during the April-July fiscal period, and exports to West Asian countries increased in July.
    August 13, 2026
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    EXIM operations at international seaport to commence after customs clearance, bonded-area establishment, and temporary highway connectivity.
    Vizhinjam International Seaport is scheduled to commence EXIM operations after Customs clearance, issuance of Customs notifications, establishment of a Customs-bonded area, and temporary connectivity to NH-66. The port had previously handled transshipment operations. A proposed transfer of a stake in the port concessionaire to a foreign shipping company remains under committee examination and requires Central Government consideration of strategic and security aspects.
    August 13, 2026
    Show AI Summary
    Renewable energy reliability requires storage, grid readiness and ancillary service markets alongside competitive clean-power procurement.
    Renewable energy procurement is shifting beyond lowest tariffs towards dependable, dispatchable and affordable clean power, assessed through capacity value, balancing capability and system economics. Storage-backed renewable and hybrid projects can improve renewable utilisation, reduce variability and curtailment, and support peak demand. Higher renewable penetration also requires supportive storage policies, timely approvals, aligned intrastate transmission planning, stronger distribution infrastructure, and market mechanisms for ramping reserves, frequency response and fast-response balancing services.
    August 13, 2026
    Show AI Summary
    Accredited Investor certification facilitates eligible investors' access to alternative investment products, lower thresholds and applicable regulatory flexibilities.
    SEBI's Accredited Investor framework enables eligible investors and entities to obtain certification that may allow lower minimum investment thresholds for Portfolio Management Services, Alternative Investment Funds and other alternative investment products, along with applicable regulatory flexibilities. PMS Bazaar and NSDL Database Management Limited's Accreditation Agency facilitate end-to-end applications, subject to required documentation and prescribed payment. Assistance is available to individual investors and eligible clients of investment providers without additional platform, service or processing charges, while prescribed certification fees remain payable.
    August 13, 2026
    Show AI Summary
    Manufacturing GVA growth under the revised national accounts series highlights stable sectoral contribution and resilience-focused industrial measures.
    Manufacturing performance is assessed under the revised National Accounts Statistics series using 2022-23 as the base year. Manufacturing's share of total Gross Value Added at current prices remained broadly stable through 2025-26, and Manufacturing GVA at constant prices achieved a compounded annual growth rate of 10.88% from 2022-23 to 2025-26. Production Linked Incentive schemes, logistics and industrial-corridor measures, semiconductor initiatives, and MSME support seek to strengthen domestic manufacturing, diversify supply chains, reduce import dependence, and improve resilience.
    August 13, 2026
    Show AI Summary
    Electronic inspection and certified copies expand digital access to judicial records while supporting efficient case management and reduced delays.
    NCLT has launched e-Inspection and e-Certified Copy Services for faster and more convenient access to judicial records and certified copies by advocates, litigants and other stakeholders. The services support a technology-enabled Registry framework and transparent, efficient justice delivery. Pendency monitoring, workload redistribution, Special Benches, maximisation of court time, and registration and listing guidelines are intended to improve case management, optimise limited judicial resources and reduce avoidable delays.
    August 13, 2026
    Show AI Summary
    CBDC-based food subsidy transfers enable eligible beneficiaries to use Digital Rupee wallet credits for traceable foodgrain purchases.
    CBDC-based Direct Benefit Transfer under the Pradhan Mantri Garib Kalyan Anna Yojana will credit eligible beneficiaries' food subsidies as programmable Digital Rupee tokens directly into CBDC wallets. Beneficiaries may use these credits to purchase foodgrains from empanelled merchants through secure, real-time and traceable payments, replacing conventional bank-account transfers. The model is intended to improve traceability, reduce leakages and cash handling, enable real-time monitoring of subsidy use, and provide a scalable framework for CBDC integration with welfare schemes.
    August 13, 2026
    Show AI Summary
    Preferential trade agreement negotiations begin under agreed terms covering market access, origin rules, trade remedies and dispute settlement.
    India and the Southern African Customs Union have signed Terms of Reference to commence negotiations for a Preferential Trade Agreement. Negotiations are envisaged on trade in goods and market access, rules of origin, customs procedures and trade facilitation, trade remedies including bilateral safeguards, sanitary and phytosanitary measures, technical barriers to trade, dispute settlement, and legal and horizontal provisions. The Terms of Reference establish the negotiating framework only; preferential tariff treatment and other operative commitments depend on conclusion of a final agreement.
    August 12, 2026
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    Prepaid plan restructuring eliminates mid-tier daily-data options and channels subscribers toward higher-priced plans with expanded data access.
    Bharti Airtel has discontinued prepaid plans combining 1.5 GB daily data allowances with unlimited calling, directing subscribers towards higher-priced plans with expanded data access, including unlimited 5G data. The restructuring reduces low-priced unlimited-data offerings and changes the pricing architecture for customers using discontinued mid-tier plans. Management links tariff repair to differentiated mobile-plan categories and sustained average revenue per user growth.
    August 12, 2026
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    Insolvency professional conduct faces money-laundering allegations over re-admitted claims, creditor committee changes, and a connected resolution applicant.
    Enforcement action under the Prevention of Money Laundering Act concerns allegations that an insolvency professional re-admitted claims earlier rejected as spurious and fraudulent during the Corporate Insolvency Resolution Process. The alleged re-admission altered the Committee of Creditors' composition and facilitated consideration of a resolution plan allegedly submitted for, and funded through an entity controlled by, a company promoter under investigation for diversion of bank-loan funds. Adverse findings reportedly included acting beyond authority by relying on fabricated and improperly submitted material.

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      Why Apeejay Stya University is Ideal for Delhi NCR Students: A Launchpad for Global Careers

      July 19, 2025

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      Apeejay Stya University: Transformative Placements, Industry-Driven Learning, and Global Opportunities in Gurgaon Gurgaon (Haryana) [India], July 19: For students and parents in Delhi NCR seeking an education that transcends conventional boundaries and truly prepares young minds for a dynamic global future, Apeejay Stya University (ASU) stands as the ideal choice. Recognised as one of the most revered colleges in Gurugram, ASU offers a unique academic approach, curated by some of the country's finest faculty, designed not just to help students achieve their immediate career aspirations but to propel them to unprecedented heights.

      A Foundation of Trust: Unmatched Placement Success The most tangible measure of a university's commitment to its students' futures lies in their career outcomes. Apeejay Stya University consistently delivers on this front, shaping successful career journeys with an astounding 98% placement success rate. This achievement is celebrated through impressive placements across top-tier companies and promising startups , a direct reflection of the university's strong industry interface and unwavering emphasis on practical, future-ready education. The university boasts a 52 LPA Highest Package Offered with 200+ Placement Partners ready to hire you. This remarkable achievement underscores ASU's commitment to equipping students with the skills and opportunities necessary for successful careers. Leading industry giants such as Microsoft and Meta , alongside others like Pepper Content , RZOULT , Xender (Onion Mobi Pvt. Ltd.), Emonics Global Pvt. Ltd., Fellafeeds Pvt. Ltd. , Apelo Consulting , RapidKen.AI , and Frost School of Music have extended exceptional career opportunities. This robust placement record is a primary reason why ASU is regarded as one of the Top University of Delhi NCR. The university has also been Awarded for The Best Placements at the World HRD Congress.

      Top Placement Highlights include : • Sonu Raj – Microsoft • Rohan Thapar – Meta • Prachi Aggarwal – Pepper Content • Kshitij Singh – RZOULT • Vivek Raghav – Xender (Onion Mobi Pvt. Ltd.), Gurgaon • Yogita Singla – Emonics Global Pvt. Ltd., Gurgaon • Sahil Chugh – Fellafeeds Pvt. Ltd., Gurgaon • Ankit Singh – Apelo Consulting • Nandini Bansal – RapidKen.AI, Bangalore • Satyarth Arora – Frost School of Music (Teaching Assistant) Pioneering Education: India's First Liberal Arts & Industry-Centric University Apeejay Stya University holds the distinction of being India’s 1st Industry-Centric Technology & Liberal Arts University with a focus on Research & Innovation. Its programs are meticulously modeled after Ivy League institutions, fostering a multidisciplinary learning environment. This unique approach allows students to pursue their core degree while simultaneously exploring aspirations in other arenas through a trans-disciplinary framework, without compromising their primary academic commitments. ASU is dedicated to cultivating critical thinking, logical reasoning, effective communication, and a deep understanding of human civilizations and the ecological world. It is truly a Top University of Delhi NCR enabling integration of trans-disciplinary & Liberal Arts approach to Teaching & Learning.

      Innovation Meets Industry: Experiential Learning at its Best Parents desire an education that transcends theoretical knowledge, preparing their children for the complexities of the professional world. Apeejay Stya University excels in this. Students gain valuable experience in various fields, including software development, cloud computing, and pharmaceutical sciences, thereby enhancing their skills and confidence. The university boasts modern biochemistry, genetics, and clinical research labs for life sciences, alongside fully equipped design, animation, fashion, and media production studios that nurture creative minds. With 25+ Labs/Centres on campus for a true holistic development, including a psychology lab, a finance lab, and the Institution Innovation Centre, ASU's facilities are vibrant hubs where knowledge transforms into action, consistently generating groundbreaking ideas.

      ASU's mission extends to developing entrepreneurial talent, providing a thriving ecosystem that combines technological expertise, commercial development, operational guidance, and contemporary infrastructure. By actively addressing the challenges faced by startups and guiding them towards sustainable growth, ASU aims to empower both new and established businesses. The center promotes innovation and increases worldwide competitiveness by establishing solid ties with academic institutions, research facilities, and private companies. Alliances with renowned industry organizations such as NEN, TiE, and CII further bolster its mission to promote industrial and entrepreneurial growth. The university has also been Awarded for Excellence in Innovation & Research by ASSOCHAM.

      Global Pathways: Expanding Horizons for a Connected World In today's interconnected world, global exposure is no longer a luxury but a necessity. Parents seeking a truly global education for their children find Apeejay Stya University’s extensive international collaborations particularly reassuring. The university offers Strong International Collaborations with universities in the USA, France, the Netherlands, and China. These partnerships, including with institutions like Penn State Great Valley, University of Toledo (COBI), University of Central Florida, St. Joost Academy of Fine Arts (Netherlands), Willem de Kooning Academy Rotterdam, Tianjin Foreign Studies University (China), and St. Joseph University (Philadelphia) , ensure invaluable global exposure for both students and faculty.

      Apeejay Group boasts a strong alumni network, with 65,000+ Successful Alumni across the globe. This robust network is a key reason why leading national and international companies consistently prefer to recruit talent from Apeejay Stya University.

      Unmatched Support: Scholarships and a Holistic Campus Life Parents often prioritize an institution that values merit and provides comprehensive support. Apeejay Stya University, a TOP NAAC ‘A’ Grade Accredited University of Delhi NCR, offers Up to 90% Merit-based Scholarship* (Dr. Stya Paul Memorial Scholarship), making quality education accessible to deserving students.

      The university offers an internationally recognised 85+ Programs with a Credit-Based System & Best ICT practices, providing students the freedom to choose subjects of their choice, ensuring an optimal learning environment with engaging pedagogy, continuous formative assessment, and an updated curriculum. Apeejay Stya University provides a residential campus experience unlike any other , offering state-of-the-art IT-enabled lecture rooms, conference halls, computer and science labs, comfortable hostels, extensive libraries, vibrant cafeterias, lush green areas, and sports facilities. It is part of the 26 Institutions of the Apeejay Group spread across the Nation, benefiting from a 50+ Years of Legacy in Education Excellence and a vast 40000+ Global Student Network of Apeejay Group. The dedication of 5,000+ dedicated educators & staff members further reinforces the supportive environment.

      For Delhi NCR students seeking an education that goes beyond the conventional – one that promises a vibrant campus life , nurtures talent , and opens doors to global opportunities, Apeejay Stya University stands ready. It is a place where every student is empowered to elevate, transforming aspirations into tangible achievements and stepping onto a path that defines a truly remarkable future.

      Take the next step toward a transformative education at Apeejay Stya University. Connect with us today and begin your journey to academic excellence.

      Our Admissions Team is here to assist you with course details, eligibility requirements, the application process, and available scholarships at Helpline No : 08071296473 & Email: [email protected] (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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