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    Punjab extends deadline of one-time scheme for settling tax dues of pre-GST period till Sept 30
    PM Modi speaks to UK counterpart Burnham
    Bank credit to industry records robust growth of 19.2 pc in June: RBI data
    Delhi protesters' fingerprints collected from stones for identification via Aadhaar: BJP minister
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    Favara-UPI Cross-Border Payment Corridor Goes Live Between Maldives and India
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    APEDA Facilitates First-Ever Sea Shipment of Value-Added Flavoured Makhana from Bihar to Canada
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July 31, 2026
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One-Time Settlement Scheme offers final pre-GST tax dispute resolution relief before stricter recovery action against defaulters begins.
The One-Time Settlement Scheme 2025 for pre-GST tax dues has been extended until September 30. Eligible taxpayers may resolve pending legacy tax disputes with full waiver of interest and penalties and slab-wise relief in principal tax. After the deadline, recovery action may be intensified under applicable tax laws and the Punjab Land Revenue Act, including property attachment, auction and freezing of bank accounts. The department also supports amicable settlement of tax disputes through the SAMADHAN initiative.
July 31, 2026
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Bilateral trade agreement implementation supports expanded trade, investment and strategic cooperation through technology, security, clean energy and community links.
The India-UK Comprehensive Economic and Trade Agreement was identified as a framework for expanding bilateral trade and investment opportunities following its operationalisation. The two governments proposed closer cooperation to use the agreement for shared prosperity, while advancing their comprehensive strategic partnership through technology, innovation, defence, security, clean energy, education and people-to-people links.
July 31, 2026
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Sectoral bank credit growth reflects broad-based expansion across industry, services, agriculture and personal loans, with slower credit-card growth.
Sectoral bank credit growth accelerated across non-food lending, agriculture, industry, services and personal loans. Industrial credit expanded across micro and small, medium and large enterprises, with strong lending to infrastructure, engineering, food processing, textiles, construction, metals, petroleum-related products and chemical products. Services lending was supported by non-banking financial companies, commercial real estate and trade. Vehicle and housing loans maintained double-digit growth, while credit-card outstanding growth decelerated.
July 31, 2026
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Biometric identification of protesters through alleged fingerprint-Aadhaar linkage was described alongside criminal-background profiling and database creation.
Biometric identification of protesters through fingerprints recovered from alleged stone-pelting evidence was publicly described as a proposed investigative method. A minister stated that fingerprints allegedly found on stones would be linked with Aadhaar numbers to identify participants and examine their prior records. The account also referred to analysis and categorisation of detained protesters' criminal backgrounds, creation of a separate database, and proposed action against participants described as anti-social elements or persons with criminal records.
July 31, 2026
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Offshore hydrocarbon exploration support funds high-risk deepwater drilling, shared infrastructure and data acquisition to strengthen domestic energy production.
The National Offshore Exploration Scheme provides public support for deepwater and ultra-deepwater oil and gas exploration, including seismic and offshore data acquisition, exploratory drilling in frontier basins, and common production and evacuation infrastructure. It addresses the high cost and geological uncertainty of offshore drilling and includes technology adoption, digital programme management, capacity building and collaboration measures. The scheme seeks to expand domestic hydrocarbon discoveries and production, attract investment across the exploration and production value chain, and reduce reliance on imported oil and gas.
July 31, 2026
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Foreign exchange reserves increased as foreign currency assets and gold holdings rose, alongside measures to attract forex inflows.
India's foreign exchange reserves increased during the reporting week, principally because foreign currency assets and gold reserves rose. Foreign currency assets, expressed in United States dollar terms, include valuation effects from movements in currencies such as the euro, pound and yen. Special Drawing Rights and the reserve position with the International Monetary Fund declined. Measures including the FCNR(B) measure were reported as efforts to attract foreign-exchange inflows following rupee pressure and dollar-sales intervention.
July 31, 2026
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Digital marketplace access for women's self-help group products expands e-commerce opportunities while panchayat-level citizen services are strengthened.
Digital marketplace access for women's self-help group products is proposed through a memorandum of understanding between CSC eStore and the Jharkhand State Livelihood Promotion Society. Products marketed under the 'Palash' and 'Adiva' brands are intended to be offered through an e-commerce network to widen market access, support rural women's income and entrepreneurship, and strengthen the rural economy. Digital panchayat services are also being expanded through Common Service Centres, including banking, e-governance and Aadhaar-related services.
July 31, 2026
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Agricultural export facilitation expands market access for late-season mangoes through farmer aggregation and direct global market linkages.
Agricultural export facilitation enabled an air shipment of late-season Neelam and Totapuri mangoes to an international market, expanding market access and extending the mango export season. Direct sourcing through a Farmer Producer Company supported organised aggregation, quality produce, and export-oriented supply chains. Direct procurement and export market linkages enabled participating farmers to realise higher returns than conventional market channels while promoting horticultural export diversification.
July 31, 2026
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Cross-border digital payment integration enables real-time Favara transfers from Maldives mobile banking applications to UPI-enabled accounts in India.
Cross-border digital payment integration between Favara and UPI enables individuals in the Maldives to make real-time person-to-person transfers to UPI-enabled bank accounts in India through mobile banking applications. Transfers are initiated in Maldivian Rufiyaa and credited in Indian Rupees. The initial service is available through participating Maldivian banks. Permitted remittances include family-maintenance transfers under foreign inward and outward remittance categories, and gift-related transfers under foreign outward remittance. Future phases are intended to introduce QR-based merchant payments and other digital payment services.
July 31, 2026
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Procedural Fair Hearing in competition inquiries requires notice when the Commission departs from investigative findings before imposing action.
Competition law procedure requires the Competition Commission to notify and hear an opposite party when departing from the Director General's findings. The penalty order concerning alleged abuse of dominance in viscose staple fibre supply was set aside because Grasim Industries was not given an opportunity to respond to the Commission's disagreement with the investigative findings. The matter was remanded for fresh, time-bound consideration without a finding on the merits.
July 31, 2026
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Manufacturing contraction highlights weak domestic demand, property-sector pressure and continued reliance on technology-related exports for economic growth.
Manufacturing activity in China contracted in July, as the official purchasing managers' index fell below the expansion threshold and new orders and production declined. Weak domestic demand, lower building activity and possible typhoon-related disruptions contributed to the slowdown. Consumer spending, investment and property-sector weakness continue to affect confidence, while technology-related exports support growth. Policy commitments include strengthening domestic consumption amid continued reliance on exports.
July 31, 2026
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Public-private partnership airport development strengthens aviation, cargo logistics, export infrastructure and sustainable connectivity through an integrated international airport project.
The Bhogapuram airport project is being implemented under a Public-Private Partnership through the Design, Build, Finance, Operate and Transfer framework. It has obtained required aerodrome, safety, fire and environmental clearances and includes infrastructure for domestic and international aviation, passenger processing and airport security. Cargo and cold-chain facilities are intended to support exports and logistics integration, while recycled-water use and LEED Platinum standards form part of the project's sustainability features.
July 31, 2026
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Rupee appreciation against the US dollar continued as foreign inflows and lower crude prices supported domestic currency markets.
Rupee appreciation against the US dollar continued in early trading, supported by foreign capital inflows and lower global crude oil prices. A stronger US dollar constrained further appreciation, while expectations of continued Reserve Bank of India intervention were cited as supporting the rupee. Declining Brent crude prices, gains in domestic equity indices and net foreign institutional investment in equities were also identified as relevant market factors.
July 31, 2026
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Value-added Makhana exports expand international market access, support quality compliance, and improve farmer returns through processing and branding.
Agricultural export facilitation supported the first sea shipment of value-added flavoured Makhana from Bihar to Canada. Processed and packaged to international quality and food-safety standards, the export demonstrates the role of processing, value addition and export-oriented manufacturing in expanding overseas market access. The initiative is stated to improve farmer returns through value addition, while capacity building, export infrastructure, quality compliance, market linkages and stakeholder collaboration support the agri-export ecosystem.
July 30, 2026
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Market access for Indian pharmaceuticals remains central to bilateral efforts to promote sustainable trade and economic cooperation.
Enhanced market access for Indian products, particularly pharmaceuticals, was raised in discussions aimed at strengthening bilateral trade and economic ties. The discussions addressed sustainable trade, and the sides agreed to increase mutual cooperation and communication. India continues to seek greater access to China's information technology, pharmaceutical and agricultural sectors, while pursuing increased pharmaceutical exports and Chinese investment. Bilateral trade increased, but India's trade deficit widened, reflecting an ongoing imbalance in trade flows.
July 30, 2026
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Money laundering asset attachment targets overseas bank deposits linked to alleged loan fraud and fugitive economic offenders.
Provisional attachment under the Prevention of Money Laundering Act was reported against Singapore bank deposits held by a company promoter and associated entities in an alleged loan-fraud and money-laundering investigation. The underlying case arises from allegations of fraud, criminal misappropriation, criminal breach of trust and cheating affecting a consortium of lending banks. Service of the attachment order was reported through mutual legal-assistance arrangements, and the promoters had reportedly been declared fugitive economic offenders.
July 30, 2026
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Deposit interest rate uniformity requires equal rates for similar deposits, while allowing risk-based differentiation for bulk deposits.
Banks must apply uniform deposit interest rates across branches and customers for similar deposit amounts accepted on the same date, without discrimination. Rates payable, including for bulk deposits, must strictly follow schedules disclosed in advance on bank websites. Bulk deposit rates must be published each business day at 10:00 am, subject to a short permitted delay. Differentiated bulk-deposit rates may be offered based on applicable differential run-off rates under the Liquidity Coverage Ratio framework.
July 30, 2026
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Supply-chain continuity measures prioritise energy, fertiliser and seafarer protection amid conflict-driven disruptions across critical maritime transit routes.
Supply-chain continuity and energy security measures were reviewed in response to geopolitical conflicts disrupting maritime transit routes and imports. Measures included diversification of LPG procurement, maintenance of petroleum stocks, expansion of PNG, gas-grid, LNG and city-gas infrastructure, and pipeline connectivity approvals. Fertiliser requirements and alternative procurement sources were considered to ensure uninterrupted supply. A unified monitoring mechanism and support arrangements for seafarers, including timely information, emergency assistance and counselling, were directed to protect citizens, economic interests and the Indian diaspora.
July 30, 2026
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Property digital identity framework proposed through comprehensive surveys, floor-level records, and unique cards to improve ownership verification.
The proposed Delhi Land Records Bill, 2026 contemplates a digital land-records framework requiring scientific surveys of every property, comprehensive authenticated digital records and a unique Property Aadhaar Card. The proposed system would cover rural and urban residential, commercial and other properties, including floor-level records for buildings. It is intended to improve ownership verification, property transactions, inheritance, loan access, building-plan approvals and transparency in land records.
July 30, 2026
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Supply-chain resilience amid maritime conflict drives measures to protect energy imports, fertiliser supplies, seafarers and overseas citizens.
Supply-chain continuity was reviewed in response to conflicts affecting maritime routes through the Strait of Hormuz, the Black Sea, the Red Sea and the Gulf of Aden. The concerns included disruptions to imports of petroleum, natural gas, fertilisers and other essential goods, risks to ships and seafarers, and the safety of Indian citizens in conflict areas. Measures were considered to maintain uninterrupted imports, protect economic interests and address constraints affecting critical energy and trade corridors.

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447 Global and Indian Multi-National Companies selects 1153 MBA students from Chandigarh University in 2025

July 22, 2025

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Amazon, Flipkart, IBM, Deloitte, E&Y, KPMG, Reliance Industries, Bank of America are some of the prominent recruiters for MBA students CHANDIGARH, India, July 22, 2025 /PRNewswire/ -- As Chandigarh University managed to rank itself amongst the top 2% Global Universities in QS World University Rankings 2026, the campus saw a jump in number of Global and Indian Multi-national companies visiting the campus for placements. As many as 447 MNCs including Amazon, Flipkart, IBM, Deloitte, E&Y, KPMG, Reliance Industries, Bank of America selected 1153 MBA students of 2025 batch during campus placements.

As CU has become the most sought-after destination for multinational companies for recruiting fresh talent, its MBA students secured 1427 job offers from top companies with attractive salary packages in 2024-25.

In 2024-25 academic session, the stellar campus job placement record of MBA students of Chandigarh University, ranked 4th in management among private universities in India in the QS World Rankings by Subjects 2025, stands as a true testament of the quality of its MBA programs.

The number of job offers received by Chandigarh University's MBA students for in-demand specializations -- including Finance, Applied Finance, Fintech, Banking and Financial Engineering, Digital Marketing, Human Resources and Strategic HR, Global Business Management, Capital Markets, Data Science and Artificial Intelligence, Operations Management, Healthcare Management, Supply Chain Management, Business Analytics, Business Intelligence and Data Analytics, Logistics and Supply Chain Management, Tourism -- went up from 1029 in 2023-24 to 1427 in 2024-25.

While 1153 MBA students of Chandigarh University were placed in top companies, the highest package received by MBA students in the 2024-25 went up to Rs 23 lakh per annum (LPA) from Rs 21 LPA in 2023-24. The average salary also ranged between Rs 5 LPA to Rs 6 LPA.

While global companies like Amazon, Flipkart, IBM, Deloitte, Earnest & Young, Danone Foods, KPMG, Reliance Industries, Bank of America, VIVO, ICICI Bank, ITC selected large chunk of Chandigarh University MBA students, the top recruiters included Indicaa Group which offered highest package of Rs 23 lakh, Federal Bank (Rs 16.42 LPA), South Indian Bank (Rs 15 LPA), ZoomRx Healthcare Technology Ltd (Rs 13 LPA), Niva Bupa Health Insurance Company (Rs 12 LPA) and Whirlpool of India Ltd (Rs 11 LPA).

In Marketing, 204 top companies offered jobs to Chandigarh University's MBA students with highest salary package of Rs 23 lakh, offered by Indicaa Group, in 2024-25.

When it comes to jobs in Finance and Fintech, 52 top companies including Mahindra Finance, Deloitte USI Tax, KPMG, Bharat Financial Inclusion and Growth Arrow LLP offered jobs to CU students with Niva Bupa Health Insurance Company offering the highest salary package of Rs 12 LPA in this domain.

In International Business, 11 top companies offered jobs to CU students with Indicaa Group offering the highest package of Rs 23 LPA in this domain during 2024-25 academic session.

In Banking and Financial Engineering, 52 top companies in the sector offered jobs to Chandigarh University students with Niva Bupa Health Insurance Company offering the highest package of Rs 12 LPA in this domain.

In Travel, Tourism and Hospitality, 10 top companies offered jobs with Chandigarh University students receiving the highest package of Rs 11 LPA in this domain.

In Business Analytics, 12 top companies offered jobs to Chandigarh University's MBA students with Ford Business Solutions (formerly known as Ford Motors Pvt Ltd) offering the highest package of Rs 10.5 LPA in this domain.

In the domain of Human Resources and Strategic HR, 64 top companies offered jobs to CU students in 2024-25 with Hyundai Motors offering the highest package of Rs 9.25 LPA in this domain.

In other domains including Data Science & AI, Capital Markets, Logistics and Supply Chain Management, Healthcare and Hospital Management, 161 top companies offered jobs to Chandigarh University's MBA students with the highest package of Rs 16.42 LPA which was offered by Federal Bank of India.

The sectors which attracted the highest number of companies for campus placement of Chandigarh University's MBA students included IT and ITES (78 companies), Consulting (65 companies), Banking, BFSI and FinTech (63 companies), Edutech and Education (37 companies), Manufacturing (22 companies), Health Care (21 companies), Automobile and Auto ancillary (16 companies), Electronics (14 companies), Hospitality, Tourism and Airlines (10 companies), E-Commerce (10 companies), Energy, Power and Oil Industry (13 companies), Civil and Construction (12 companies), Retail (11 companies), Food Packaging and Processing (10 companies) and Real Estate (13 companies).

Chandigarh University, ranked 11th in management among all private universities in NIRF 2024 Rankings, offers corroborative MBA programs which prioritize experiential learning through real-world projects, case studies and internships.

Chandigarh University's MBA Record Specialization Number of Companies Highest Package Marketing and Digital Marketing 204 Rs 23 LPA HR and Strategic HR 64 Rs 9.25 LPA Finance and Fintech 52 Rs 12 LPA Banking and Financial Engineering 52 Rs 12 LPA Business Analytics 12 Rs 10.5 LPA International Business 11 Rs 23 LPA Travel, Tourism & Hospitality 10 Rs 11 LPA Data Science & AI, Capital Markets, Logistics & Supply Chain Management, Healthcare & Hospital Management 161 Rs 16.42 About Chandigarh University Chandigarh University is a NAAC A+ Grade University and QS World Ranked University. This autonomous educational institution is approved by UGC and is located near Chandigarh in the state of Punjab. It is the youngest university in India and the only private university in Punjab to be honoured with A+ Grade by NAAC (National Assessment and Accreditation Council). CU offers more than 109 UG and PG programs in the field of engineering, management, pharmacy, law, architecture, journalism, animation, hotel management, commerce, and others. It has been awarded as The University with Best Placements by WCRC.

Website address: https://www.cuchd.in/ 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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