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    Rupee falls 8 paise to 95.25 against US dollar in early trade
    APEDA Facilitates First-Ever Export of GI-tagged Mithila Makhana by Sea Route from Bihar to Australia
    Government signs strategic MoUs with key industry leaders and ecosystems to strengthen support to StartUps
    No Charges for UPI Users
    Competition Commission of India (CCI) hosts BRICS Heads of Competition Authorities 2026 meeting
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    Govt to introduce bill in Lok Sabha to broaden NCDC's mandate for co-operative sector growth
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    Raymond Limited reports a healthy Q1 FY27 performance
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    August 10, 2026
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    Foreign-exchange market conditions weakened the rupee as stronger dollar and crude prices offset support from reserve growth and inflows.
    Foreign-exchange market conditions saw the rupee weaken against the US dollar in early trading, influenced by a stronger dollar and higher global crude oil prices. Foreign institutional equity inflows and increased foreign-exchange reserves moderated pressure on the rupee. Market attention remained focused on developments in West Asia and the Reserve Bank of India, alongside movements in the dollar index, crude oil prices and domestic equity markets.
    August 10, 2026
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    GI-tagged Mithila Makhana export facilitation expands sea-route market access while supporting quality compliance and farmer-linked value chains.
    Export facilitation for GI-tagged Mithila Makhana enabled the first commercial sea-route shipment from Bihar to Australia. APEDA, in association with the Bihar agriculture department, supported market access, coordination, capacity building and stakeholder engagement. The export model is intended to improve farmer price realisation, require adherence to global quality standards, and strengthen growers, processors and exporters. A separate HS Code for Makhana has taken effect under the Finance Bill, 2025, supporting product-specific trade classification.
    August 10, 2026
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    Startup ecosystem support expands through digital payments, cloud access, AI innovation, investment readiness, governance support and global market programmes.
    DPIIT has entered into strategic MoUs to support DPIIT-recognised startups through payment infrastructure, entrepreneurship development, cloud technology, mobility innovation, investment readiness and global-market access. Eligible startups may receive payment and cloud support, technical training, mentorship, startup formalisation assistance, market and investor connections, AI and mobility enablement, and programmes addressing governance, financial readiness, compliance and international expansion. The collaborations promote innovation across digital payments, clean energy, artificial intelligence, climate technology, advanced manufacturing, mobility and automotive technology.
    August 10, 2026
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    UPI transaction charges remain unavailable for consumers and person-to-person payments, while limited threshold-based merchant MDR may be considered.
    Proposed amendment of section 10A of the Payment and Settlement Systems Act, 2007 is intended to support UPI sustainability, technological advancement and resilience. Consumer payments and person-to-person transactions are to remain free. Any future merchant discount rate would apply only to limited merchant transactions above a threshold, at a nominal rate, while most merchant transactions remain free. The framework supports investment in cybersecurity, fraud prevention and infrastructure, alongside a self-sustaining and inclusive digital-payment ecosystem.
    August 10, 2026
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    Fair competition cooperation in renewable energy markets advances knowledge-sharing and evidence-based enforcement across interconnected digital and energy markets.
    BRICS competition authorities adopted a Joint Statement strengthening cooperation to promote fair competition, including in renewable energy markets. Cooperation focuses on dialogue, knowledge-sharing and consideration of cross-border competition challenges in digital markets, emerging technologies and the energy transition. Competition enforcement is to remain principled and evidence-based, supporting efficiency, consumer welfare, innovation and merit-based competition. A collaborative renewable-energy competition study identified evolving market dynamics and areas for future cooperation.
    August 10, 2026
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    Cost optimisation in public finance strengthens investment decisions, risk allocation, indigenous manufacturing and value-driven government expenditure through specialised financial expertise.
    ICoAS cost optimisation supports public financial management through prudent resource utilisation, financial oversight and improved cost management across government. Its role includes supporting indigenous manufacturing, better investment decisions, efficient public expenditure and maximum value for public spending. With greater private-sector participation and Public-Private Partnerships, ICoAS officers are expected to promote cost efficiency, appropriate risk allocation and sound project structuring. Capacity building emphasises integrity, financial modelling, data visualisation, analytical frameworks and artificial intelligence for improved public-finance management.
    August 9, 2026
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    Co-operative development financing would expand through direct assistance, share-capital participation and wider operational powers for sectoral support.
    National Cooperative Development Corporation (Amendment) Bill, 2026 proposes to broaden the Corporation's mandate to promote co-operative development. It would permit direct loans and grants to co-operative societies and other entities engaged in co-operative development, where funds are used for co-operative purposes. With Central Government approval, the Corporation could participate in the share capital of such entities. The proposals also expand the meaning of foodstuffs, remove geographical restrictions for industrial-goods assistance, and provide additional functional powers.
    August 9, 2026
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    GST compliance failures and electricity subsidy controls raise allegations of financial irregularities and potential losses to the public exchequer.
    Allegations based on a Comptroller and Auditor General report identified purported GST compliance failures involving outstanding tax liabilities, e-way bills generated after cancellation of GST registrations, limited bill scrutiny, non-compliance, and turnover mismatches. The allegations also concerned electricity subsidies extended to consumers with prolonged zero bills or apparent non-residence, presenting these issues as possible financial irregularities and losses to the public exchequer.
    August 9, 2026
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    Money-laundering prosecution complaints allege fund diversion through shell entities, credit-facility evergreening, layered transactions and fictitious project expenditure.
    Money-laundering prosecution complaints allege that funds from toll-road projects and credit facilities were diverted through group companies, contractors, shell entities and conduit accounts. In the toll-road matter, allegedly sham or back-dated subcontracting arrangements and subsequent documentation were used to portray transfers as genuine project expenditure. In the credit-facilities matter, fresh facilities were allegedly used to repay, rotate and evergreen earlier liabilities rather than for sanctioned end-use, with funds layered and presented as legitimate business expenditure or receipts. Attached assets are sought to be confiscated as alleged proceeds of crime.
    August 9, 2026
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    Direct Benefit Transfer pension disbursement replaces cooperative-bank doorstep delivery, while preserving home payments for beneficiaries unable to use bank accounts.
    Direct Benefit Transfer of social security and welfare pensions to Aadhaar-linked bank accounts is intended to replace cooperative-bank doorstep delivery, except for bedridden and similarly situated beneficiaries. The change addresses delays in remitting undistributed pensions, deficient record updates and reconciliation, duplicate payments, delivery incentives, and compliance with Direct Benefit Transfer norms. Criticism focuses on beneficiary access to linked commercial-bank accounts, possible minimum-balance deductions, exclusion of cooperative banks, and the effect on doorstep-delivery workers.
    August 8, 2026
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    Engineering business growth supported Raymond's first-quarter performance, with export expansion, capacity investment and net-debt-free financial flexibility.
    Raymond Limited reported unaudited first-quarter FY27 growth in total income, EBITDA and profit before tax before exceptional items, while remaining net-debt-free with a net cash surplus. Its Engineering business comprises Precision Technology & Auto Components and Aerospace & Defence. Growth in the former was attributed to export expansion, operating leverage, product mix and cost reductions. Aerospace & Defence growth was linked to production for global OEMs, portfolio expansion and increased capacity, although margins were affected by targeted research and development investment. Forward-looking statements remain subject to regulatory, political, economic and technological risks.
    August 8, 2026
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    Savings account selection requires comparison of effective interest, fees, digital service, access, and individual banking needs.
    Savings-account selection should compare effective interest returns under slab-based rates, recurring operating charges and the customer's actual banking needs. Net value depends not only on advertised rates but also on relevant minimum-balance, card, ATM, alert and transfer fees. Digital reliability, customer support, branch availability and ATM access should be assessed according to the customer's average balance, cash use, transfer frequency, travel patterns and need for in-person assistance. The suitable account is one that matches real banking behaviour.
    August 8, 2026
    Show AI Summary
    Urban cooperative bank regulation promotes licensing, governance, compliance support and cybersecurity measures to strengthen stability and depositor confidence.
    Urban cooperative banks are encouraged to recognise regulatory support through liberalised branch opening, doorstep banking, demand drafts, life certificates, dedicated regulatory coordination, enhanced gold-loan limits, one-time settlements and progress towards on-tap licensing. Sound governance is material to sectoral stability, while small-borrower lending is presented as a comparatively safe lending segment. The umbrella body can support member banks through technical expertise, compliance assistance, cybersecurity solutions and participation in a security operations centre to strengthen depositor confidence.
    August 8, 2026
    Show AI Summary
    Korean food export promotion combines buyer consultations, regulatory guidance and consumer experiences to support entry into Indian and South Asian markets.
    Korean food export promotion in India and South Asia combined business consultations with consumer-facing activities. Individual meetings connected Korean exporters with regional buyers and generated memoranda of understanding for products including frozen gimbap, ginseng wine and kombucha. Exporters received on-site guidance concerning non-tariff barriers, including food import customs clearance and certification requirements. Preparatory online sessions addressed import procedures, regulatory matters and consumer trends, while consumer events promoted Korean food through tasting, retail and experiential activities.
    August 8, 2026
    Show AI Summary
    Illegal immigration enforcement prioritises dismantling entry, documentation and employment networks while requiring citizens to report information through police channels.
    Illegal immigration enforcement involves continuous identification and verification operations, coordination with relevant officials, and confidential investigation of networks facilitating entry, identity documentation, accommodation and employment. Enquiries extend to intermediaries, contractors, Aadhaar procurement and verification practices, rather than focusing only on apprehended individuals. Citizen vigilantism, moral policing and social-media targeting of suspected migrants are discouraged because they may compromise investigations; information should instead be given through proper police channels.
    August 8, 2026
    Show AI Summary
    Technology, transparency and governance strengthen urban cooperative banks through modern customer services, depositor protection and cooperative-sector support.
    Technology adoption, transparency, sound governance and modern customer services are identified as necessary for urban cooperative banks to remain competitive. Banks are encouraged to join the sector's umbrella organisation and self-regulatory body, which provides capital, information-technology infrastructure and liquidity support. Protection of depositors' money remains a regulatory responsibility, while banks are expected to improve governance, train staff, adopt technology and enhance customer-centric services. Customer prosperity and reduced perception gaps between the central bank and urban cooperative banks are emphasised as measures to strengthen the sector.
    August 8, 2026
    Show AI Summary
    Authorised Dealer Category-II licensing expands permissible FEMA current account and foreign trade transaction services for cross-border payment customers.
    An Authorised Dealer Category-II approval under the Foreign Exchange Management (Authorised Persons) Regulations, 2026 enables Paul Merchants to undertake additional permissible non-trade current account transactions under FEMA, excluding gifts and donations, and foreign trade transactions within the applicable per-transaction limit. The approval supports foreign exchange and cross-border payment services, including overseas remittances for education, medical treatment, travel, and conference or event participation.
    August 8, 2026
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    Integrated investor claim portal modernisation advances digital KYC, streamlined verification, stakeholder-informed safeguards, and efficient investor claim settlement services.
    Integrated IEPFA Portal 2.0 is proposed to modernise investor claim processing through digital KYC, pre-filled Form IEPF-5, entitlement search, and a simplified e-Verification Report filing workflow. Stakeholder feedback included Aadhaar eKYC address validation, KYC for authorised representatives, entitlement-letter validation checks, bulk DSC and eSign functionality, integration of approved IEPF Form-4 data, lower-value share valuation using NSE and BSE data, and alerts for frequent address changes to prevent fraud.
    August 7, 2026
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    Foreign capital inflows supported the rupee despite geopolitical uncertainty, oil-price pressures, and volatile global market sentiment.
    Foreign capital inflows supported a marginal strengthening of the rupee against the US dollar despite global risk aversion arising from uncertainty surrounding negotiations affecting the Strait of Hormuz. Higher crude oil prices and weak domestic equity sentiment remained relevant pressures. Near-term currency movement was expected to depend on developments in the negotiations, weekend decisions, US employment data, the dollar index, crude oil prices, and the reported increase in foreign exchange reserves.
    August 7, 2026
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    Energy security through diversified sourcing protected fuel supplies during Hormuz disruption and supports domestic exploration and alternative fuels.
    Energy security measures based on diversified crude oil and LPG sourcing, expanded infrastructure, increased domestic LPG production and alternative fuels were presented as maintaining fuel availability during disruption of shipping through the Strait of Hormuz. Domestic resilience is also linked to support for private deep-water oil and gas exploration, opening offshore acreage, and expansion of compressed biogas and ethanol blending. Ethanol-blended petrol testing identified limited contamination instances rather than a systemic issue, while excise duty reductions were described as cushioning consumers against global fuel-price volatility.

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      Aryann Khokha’s eNalanda & Dronashala: Empowering Underprivileged Children with Confidence, Skills, and Curiosity

      August 8, 2025

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      At just 17, Aryann Khokha is transforming education through eNalanda’s nationwide STEM revolution and Dronashala’s grassroots life-skills sessions in Gurugram, inspiring a generation of young learners to dream bigger and believe in themselves. In the rapidly growing city of Gurugram, where skyscrapers rise and multinational companies set up gleaming offices, there exists a quieter story—one unfolding in narrow lanes and makeshift homes, where dreams often remain unspoken. It is here that Aryann Khokha, a 17-year-old student, has chosen to invest his time, energy, and heart.

      Most teenagers are caught up in social media trends and weekend hangouts. Aryann, however, has been building something far more enduring — a bridge between opportunity and those who rarely get it.

      Through Dronashala, an initiative he personally runs, Aryann is equipping underprivileged children with confidence, self-respect, and the skills they need to face the world. The idea was simple, yet powerful. While working on eNalanda — Aryann’s gamified education-focused social venture that uses activity-based STEM toolkits to make science learning fun in rural India — he began noticing another gap in urban underprivileged communities: the lack of basic life skills and self-confidence among children.

      “These kids are smart,” Aryann says. “But they’ve never been told they matter, or that they have something valuable to offer. Education is important, but so is the belief that you can stand tall and be heard.” With that belief, Dronashala was born — not as a formal organization or tech platform, but as a physical, community-based learning circle. Dronashala is the first-of-its-kind specialized Taekwondo academy aimed at supporting and transforming children who are victims of physical abuse. Through resilience, growth, and an unshakeable mindset, it strives to transform survivors into everyday warriors using Taekwondo and meditation.

      Every week, Aryann meets a group of children from nearby slum areas. They gather in open grounds or borrowed spaces, often with nothing more than a few mats and boundless energy. Unlike typical learning centers, Dronashala sessions focus on holistic development.

      Sessions might begin with storytelling, where children narrate incidents from their week, slowly learning to articulate their thoughts and speak confidently. This is followed by specialized self-defense training. Beyond physical combat, students are taught the deeper philosophies of martial arts — resilience, mental clarity, and self-respect. They also explore the history, everyday application, and spiritual side of Taekwondo, including meditation practices.

      Dronashala fosters a community where survivors support one another, forging bonds that go beyond training.

      Aryann also integrates basic STEM experiments — from paper rockets to simple electric circuits — encouraging curiosity without the fear of “getting it wrong.” The aim is to break the mental barrier that education is only about memorizing facts.

      “Many of these kids had never spoken in front of a group before,” Aryann shares. “Now they volunteer to lead activities, guide younger children, and even teach me new games they’ve learned.” The changes are subtle but transformative. Children who once sat at the back, eyes lowered, now greet visitors with a confident “Namaste.” Shy voices have grown louder; hesitant smiles have turned into laughter that rings across the playground.

      One 10-year-old girl, initially reluctant to participate, now reads aloud to the group and dreams of becoming a teacher. Another boy, who struggled with school attendance, has started helping his younger siblings with homework after picking up better study habits.

      These shifts may seem small in the grand scheme of things, but for Aryann, they are monumental.

      “It’s not just about literacy,” he says. “It’s about dignity.” Dronashala envisions a future where survivors of abuse are not just ‘survivors’ — but warriors. The aim is to help children use the skills learned to foster everyday discipline, resilience, and self-growth.

      While Dronashala is community-specific, Aryann’s larger initiative, eNalanda, operates across rural India with a mission to revolutionize STEM education. With a reach of over 10 lakh students and 30,000+ directly benefited from gamified learning toolkits across 100+ rural schools in Haryana, eNalanda makes learning exciting and accessible through gamification.

      In many ways, Dronashala is a microcosm of eNalanda’s philosophy — learning that is hands-on, inclusive, and designed to inspire. Both initiatives share the belief that curiosity is a child’s greatest asset, and that education should empower, not intimidate.

      Running a grassroots initiative is never without obstacles. Aryann juggles his school commitments with planning sessions and workshops to ensure consistent attendance from children whose home situations can be unpredictable.

      “Sometimes, parents are hesitant,” he admits. “They wonder why their child should spend time here instead of earning a little extra money. It takes patience to build trust, but once they see their child’s confidence grow, they become our biggest supporters.” Resources are another constraint. Aryann relies on personal savings, contributions from friends and family, and resourcefulness.

      Looking ahead, Aryann dreams of expanding Dronashala to multiple locations across Gurugram and beyond. His vision includes creating a structured volunteer network, so that even when he is away for studies, sessions can continue without interruption. He also hopes to integrate digital literacy into the curriculum, teaching children to use computers and navigate online resources safely.

      “Confidence in the real world now also means confidence online,” he notes.

      In an age when many are quick to talk about change but slow to act, Aryann Khokha stands out for rolling up his sleeves and getting to work. He is not waiting for the “perfect time” or a fully-funded NGO — he is creating impact with what he has, right now.

      His story is not about a large organization with offices and staff; it’s about a teenager in Gurugram, a group of eager children, and the belief that every lesson in confidence can shape a future.

      As the sun sets over the city, skyscrapers glowing in the distance, you might find Aryann still in the field, surrounded by laughter, hands raised in excitement, voices echoing with newfound assurance.

      That’s Dronashala — not a place, but a movement — where the seeds of self-belief are planted, and where tomorrow’s changemakers are quietly taking root.

      From eNalanda’s nationwide STEM push to Dronashala’s self-defense and life skills sessions, Aryann Khokha’s work is a reminder that education is not confined to classrooms or textbooks. It thrives in open spaces, in shared stories, in the courage to speak, and in the joy of learning together.

      And perhaps the most inspiring part? This journey has only just begun.

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

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