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    Champion Mirabai Chanu Unveils MMTC-PAMP's 'Virasat' Recycled Gold Coin to Celebrate India's 80th Year of Independence
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    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
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    August 4, 2026
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    Responsible precious-metals recycling supports recycled-gold products, organised buyback channels and a more self-reliant domestic supply chain.
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    August 4, 2026
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    Broad-based growth strategy links tax reforms, trade resilience, industrial support and services development to medium-term economic expansion.
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    August 4, 2026
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    Co-operative bank governance and financial disclosure support digital transformation, risk management, priority-sector lending and sustainable member-focused growth.
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    August 4, 2026
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    Foreign-exchange market conditions weakened the rupee as oil prices, domestic equities and dollar strength shaped near-term currency expectations.
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    August 4, 2026
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    MSME credit expansion combines SIDBI lending initiatives with guaranteed additional working-capital facilities for eligible borrowers.
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    Furniture and interiors sourcing platform connects Indian manufacturers with domestic and international trade buyers through direct procurement opportunities.
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    Financial literacy Olympiad builds students' practical understanding of mutual funds, financial planning, market concepts and responsible investment participation.
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    Windfall gains tax on petroleum exports increases to discourage exports and preserve domestic fuel availability during regional supply disruptions.
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    Online Astrology Platform Regulation: consumer department reported no guidelines, while information requests required revised factual disclosures.
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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
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    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
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    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.

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      EC's draft electoral rolls out in Bihar; 7.24 cr voters enlisted, over 65 lakh names dropped

      August 1, 2025

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      Patna, Aug 1 (PTI) The Election Commission on Friday came out with the much-anticipated 'draft electoral rolls' in Bihar, enlisting 7.24 crore voters but knocking off more than 65 lakh names, claiming that most of the persons concerned had died or migrated.

      The draft electoral rolls, prepared as part of the special intensive revision (SIR), which has caused much controversy as the exercise was ordered with just a few months left for assembly polls, are available for voters online.

      The EC has also said it was making available printed copies, district wise, to representatives of political parties so that anomalies, if any, could be flagged during the 'claims and objections' phase, which would continue till September 1 before the 'final rolls' are published.

      However, the main opposition party, the RJD, was unhappy with the system and in a memorandum, submitted to the Chief Electoral Officer of Bihar, it demanded an 'assembly segment-wise' break-up conveniently downloaded "in a pen drive or on a CD".

      The Congress, which is the second-largest constituent of the INDIA bloc in the state, also challenged the EC to disclose "how many foreign nationals" were found to have been included in the voters' list prior to SIR and whether they have been dropped in the 'draft electoral rolls'.

      Notably, the BJP-led NDA, which rules the Centre as well as the state, has been alleging that "a large number of Bangladeshis and Rohingyas" were living in Bihar, especially in the Kosi-Seemanchal region bordering Nepal and Bangladesh.

      Leaders of the ruling coalition have also been claiming that many such "illegal immigrants" had been registered as voters and the deletion of their names was being opposed by the INDIA bloc because of "vote bank" concerns.

      The EC also came out with a district-wise break-up of the number of voters registered prior to the commencement of SIR on June 25 and the "status" in the draft electoral rolls.

      Patna, which houses the state capital, accounted for the highest number of 50.04 lakh voters registered "as on 24.06.2025" and the district also saw submission of 46.51 lakh "enumeration forms", the maximum in the state.

      Unsurprisingly, the district also accounted for the highest number of 3.95 lakh enumeration forms that remained unreceived, after being handed over to the voters, or were not included in the draft rolls.

      Most of the enumeration forms were handed over to voters at their doorsteps by booth-level officers who were assisted in the mammoth exercise by booth-level agents of political parties, besides volunteers.

      Also, as per the EC, 16 lakh voters obtained and submitted their enumeration forms online.

      Besides Patna, other districts which accounted for a high number of enumeration forms "not received/not included" in the draft rolls were Madhubani (3.52 lakh), East Champaran (3.16 lakh), Gopalganj (3.10 lakh), Begusarai (2.84 lakh) and Muzaffarpur (28.3 lakh).

      Quite a few districts, though, had fewer than one lakh such unreceived and non-included enumeration forms, with Sheikhpura accounting for the lowest number of 26,256.

      The reasons cited by the EC for non-inclusion of previously registered voters in the draft rolls included death (22.34 lakh), "permanently shifted/absent" (36.28 lakh) and "already enrolled (at more than one places)" (7.01 lakh).

      The number of registered voters in the state, before SIR kicked in, causing the Opposition to allege that it was an exercise aimed at the NDA retaining power, was close to 7.9 crore.

      In the memorandum submitted by the RJD, the EC has also been asked to explain "on what basis" it concluded that a voter has died or "permanently migrated". The party has asked the poll panel to disclose what documentary proof it obtained from family members before marking a voter as "dead".

      Similar concerns were voiced by another key INDIA bloc partner CPI(ML) Liberation, which has been calling SIR 'votebandi', rhyming with 'notebandi', and alleging that after hitting the poor hard with demonetisation, the BJP was out to disenfranchise them.

      Reacting to the draft electoral rolls, the Left party issued a statement demanding that the names of all electors, who have been dropped, be made public.

      The Congress, in its memorandum, also sought to know how many enumeration forms were received without photographs of the respective voter or documents by way of proof of identity, and whether these were duly "rejected" by the booth-level officers.

      Notably, a bunch of petitions, many of these filed by the opposition parties, are pending before the Supreme Court to challenge the SIR, with a major bone of contention being non-acceptance of Aadhaar cards and ration cards, which the poor mostly have, as a valid proof of identity.

      Hearing the petitions earlier this week, the apex court had made it clear that the exercise must not result in "en masse exclusion" while reiterating that Aadhaar cards be included in the list of documents the EC deems as acceptable.

      Last week, Leader of the Opposition in the state assembly, Tejashwi Yadav, who belongs to the RJD, had caused a flutter by declaring that the "option is being kept open to boycott assembly polls" if the EC did not squarely address the concerns. PTI PKD PYK NAC MNB ACD

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