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    RBI issues Draft (Securitisation Transactions) Amendment Directions
    Rupee rises 5 paise to 95.77 against US dollar in early trade
    Woman GST officer, consultant caught taking Rs 60,000 bribe in Maharashtra's Jalna
    Zelenskyy has 'good meeting' with Trump at White House as he seeks more cooperation with US
    Creation of separate ministry infused new energy in India's cooperative movement: Amit Shah
    Railways operates first-ever direct freight train from Kolkata Port to Nepal's Biratnagar
    Haryana Cabinet approves housing, EV, MSME and governance reforms
    SC slams CBI, Delhi Police EoW over silence in Indiabulls probe, calls their conduct 'shocking'
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    Regional Rural Banks (RRBs) Post Highest-Ever Net Profit of Rs. 10,177 Crore in FY 2025–26, show consistent improvement in other key financial param...
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    India's Toy Exports Soar 89.1%, Reflecting Strong Growth in Domestic Manufacturing
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    India's FTAs Deepen Global Market Access, Boost Export Diversification and Labour-Intensive Sectors.
    73 Sports Medal Winners of Chandigarh University get government jobs in 2025-26
    Centre orders sugar dealers to limit stocks to 30 days; stock limit at 4,000 quintals
    5 Credit Profile Checks That Can Improve Financial Health
    Gold Loan EMI or Bullet Repayment: Muthoot Finance Helps Choose Right in 2026
    EU-ASEAN Business Council Calls for stronger action on Illicit Trade, highlights India''s Strategic role
    Union Minister of Commerce & Industry Shri Piyush Goyal Announces Task Force to Support Toy Sector, Targets 5% Global Market Share by 2032.
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July 29, 2026
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Securitisation Note amendments seek stronger issuance efficiency, liquidity and transparency, with stakeholder consultation invited on proposed directions.
Draft amendments to securitisation transaction directions seek to improve the efficiency, liquidity and transparency of issuing and subsequently transferring Securitisation Notes. The proposals apply to commercial banks, small finance banks, non-banking financial companies and all India financial institutions. Public and stakeholder comments are invited through the designated regulatory consultation platform or alternatively by post or email.
July 29, 2026
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Rupee appreciation reflected weaker dollar conditions, equity inflows, crude oil movements and positive domestic market sentiment.
Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar. A weaker US dollar, lower crude oil prices relative to earlier levels, positive domestic equity sentiment, and foreign institutional investors' net purchase of Indian equities were identified as key influences. The dollar index weakened ahead of a monetary policy announcement, while crude prices rose amid renewed geopolitical tensions. Domestic benchmark equity indices also advanced in early trade.
July 29, 2026
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Input Tax Credit unblocking allegedly involved illegal gratification, prompting a trap operation and apprehension of the officer and consultant.
Alleged bribery connected with unblocking Input Tax Credit arose after an electronics trader received a show-cause notice and had its ITC blocked. A private tax consultant allegedly conveyed that a State GST officer demanded illegal gratification for unblocking the credit and encouraged the trader to settle the demand. Following a complaint, a trap operation allegedly led to the apprehension of the officer and consultant, with further legal action in progress.
July 29, 2026
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Defence production licensing and Russian energy sanctions shaped discussions on Ukraine's security capacity, missile supply and diplomatic engagement.
Ukraine-US discussions addressed licences for domestic Patriot defence-system production, wider defence-production cooperation, technology exchange and missile supply funded through European resources. Ukraine also sought support for a sanctions bill designed to increase economic pressure on Russia by imposing tariffs on goods from major purchasers of Russian oil and gas and by sanctioning Russian leaders, financial institutions and energy projects. The proposed defence-production licence was identified as a longer-term measure, alongside calls for renewed diplomatic engagement.
July 29, 2026
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Cooperative-sector modernisation strengthens rural finance through expanded credit societies, online audits, institutional connectivity and technology-enabled cooperative banking.
Cooperative-sector modernisation is presented as a mechanism for strengthening rural institutions, farmer prosperity and the rural economy. The separate Ministry of Cooperation provides an administrative, legal and policy framework for the cooperative movement. Key initiatives include establishing new primary agricultural credit societies and dairy cooperative societies, expanding business activities for primary agricultural credit societies, online auditing, and connecting cooperative institutions. District cooperative banks are described as important institutions for meeting the financial requirements of expanding service and dairy cooperative societies.
July 28, 2026
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Direct containerised rail freight movement enables seamless Kolkata Port-to-Biratnagar cargo transport without border transshipment under revised transit arrangements.
Direct containerised rail freight movement between Kolkata Port and Biratnagar Customs Yard has commenced under the revised India-Nepal Rail Transit Protocol. The service enables end-to-end commercial rail carriage without border transshipment through the Jogbani-Biratnagar broad-gauge connection. Implementation of the revised Letter of Exchange operationalises direct commercial rail access, intended to reduce transit time, logistics costs and cargo handling while improving supply-chain efficiency, reliability and cross-border trade.
July 28, 2026
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State governance reforms expand housing relief, local audits, MSME support, property records, welfare measures and clean-vehicle tax incentives.
The reforms provide concessional stamp duty and registration charges for eligible Economically Weaker Section housing beneficiaries, a statutory local-audit framework, and incentives for MSMEs and exports. They also establish rules for ownership records in Lal Dora areas and introduce a formula-based urban property-tax assessment framework with exemptions. Welfare measures cover compensation for specified unnatural custodial deaths, ex-Agniveer reservation, and compassionate appointments. Motor-vehicle tax measures provide a rebate for qualifying vehicles registered in women's names and exemptions for new electric vehicles.
July 28, 2026
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Investigation into alleged fund diversion faced scrutiny as agencies were required to disclose progress and decide on regular cases.
Investigation into alleged dubious transactions and fund diversion involving Indiabulls Housing Finance Limited remained under scrutiny because investigating agencies did not provide an updated status or take a final decision on registration of regular cases. The Central Bureau of Investigation and Delhi Police Economic Offences Wing were required to file a comprehensive affidavit and status report. The allegations concern loans allegedly routed through corporate entities to promoter-linked companies, alongside inquiries involving financial, corporate-fraud and market-regulatory agencies.
July 28, 2026
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MSME payment-delay reforms propose faster dispute resolution, enforceable settlement recovery, and invoice discounting to strengthen supplier liquidity.
The proposed amendment strengthens delayed-payment dispute resolution for micro and small enterprise suppliers through prescribed adjudication timelines and possible interim payment of at least half the awarded amount where a setting-aside application remains pending beyond six months. Mediated settlements and arbitral awards may be recovered as arrears of land revenue and are proposed to be legally enforceable debts under the insolvency framework. Central public sector enterprises would be required to route MSME invoice settlements through the Trade Receivables Discounting System.
July 28, 2026
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Regional rural bank oversight strengthens financial performance, technology adoption, diversified lending and financial inclusion in remote communities.
Regional Rural Banks are regularly reviewed for financial performance, technology upgradation, MSME lending, loan diversification and financial inclusion in rural and remote areas. Their financial health improved over recent years, with growth in deposits, loans, credit-deposit ratio, net worth and capital adequacy, alongside improved asset-quality indicators. Financial-inclusion targets for bank-account access, micro-credit, insurance and pension schemes are set and periodically monitored to extend formal financial services.
July 28, 2026
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Emergency credit guarantee support addresses business liquidity mismatches while public sector banks report stronger asset quality and sectoral lending growth.
Public sector banks reported improved balance-sheet health, rising business and lending, higher profits, stronger capital adequacy, and lower gross non-performing assets through FY 2025-26. Credit expanded across retail, agriculture, MSME, and infrastructure segments. Emergency Credit Line Guarantee Scheme 5.0 provides guarantee coverage to member lending institutions for eligible additional credit facilities addressing short-term liquidity mismatches, with full coverage for MSMEs and differentiated coverage for non-MSMEs and scheduled passenger airlines. Airline assistance is linked to peak credit outstanding and may require proportionate promoter or owner equity contribution above the applicable threshold.
July 28, 2026
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Toy quality regulation and export support strengthen domestic manufacturing, safety compliance, market access, and competitiveness in the Indian toy sector.
Toy-sector measures combine quality regulation, import-duty changes, domestic manufacturing support, export facilitation, and promotional initiatives. The National Action Plan for Toys covers toy design, learning-oriented toys, quality monitoring, restrictions on unsafe imports, indigenous clusters, and domestic production. A Quality Control Order and BIS licensing framework support compliance with toy-safety standards. Cluster assistance, startup recognition, export-duty remission support, and zero-duty market access under specified trade agreements seek to strengthen competitiveness, while stated measures are associated with improved quality conformity, lower imports, and increased exports.
July 28, 2026
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Preferential market access under free trade agreements supports export diversification, labour-intensive sectors, and exporter use of tariff concessions.
India's FTA framework is used to promote preferential tariff utilisation, export diversification and expanded market access. The Government monitors recently operationalised agreements through Certificates of Origin and partner-country trade data. Agreements with the UAE, Australia, Mauritius, Oman and EFTA are associated with increased product-line coverage, tariff preference utilisation and export opportunities. Labour-intensive sectors receive priority through preferential access, while calibrated tariff liberalisation and transition arrangements seek to protect sensitive domestic sectors. Trade e-Connect and the Trade Intelligence and Analytics Portal support exporters with market intelligence, rules of origin guidance, trade data and export-performance monitoring.
July 28, 2026
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Preferential Market Access under free trade agreements supports export diversification, labour-intensive sectors, tariff utilisation and data-driven trade facilitation.
Preferential tariff utilisation under recently operationalised trade agreements is monitored through Certificates of Origin and partner-country trade data. Increased certificate issuance and expansion in exported HS-level tariff lines are treated as indicators of export diversification and market penetration. Labour-intensive sectors receive improved market-access opportunities under FTAs, while calibrated tariff liberalisation and transition arrangements preserve policy space for sensitive domestic sectors. Trade e-Connect and the Trade Intelligence and Analytics Portal provide exporters and policymakers with market intelligence, Rules of Origin guidance, FTA advisory services and trade-performance analytics.
July 28, 2026
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Sports-quota government recruitment recognised medal-winning student-athletes for public employment across defence, policing, railways and other government institutions.
Sports-quota recruitment enabled medal-winning student-athletes to obtain government employment on the basis of sporting performances at state, national and international levels. Appointments covered armed forces, central armed police and paramilitary organisations, railways, police, the Income Tax Department, a public-sector bank, sports departments and other government institutions. The described sports framework provides scholarships, coaching, infrastructure, dietary support, travel, accommodation, equipment and selection-oriented physical, mental and personality-development training.
July 28, 2026
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Sugar stock controls require dealers to limit inventory duration and quantity, declare holdings, and curb speculative buying.
Sugar dealers may not retain stock beyond thirty days from receipt or hold sugar above 4,000 quintals at any time or place. Government-account stocks and authorised Public Distribution System stocks are excluded. State Governments and Union territory administrations may prescribe limits only within the national ceiling and holding period. Dealers must declare and regularly update stock positions on the designated portal. The temporary restrictions are intended to maintain domestic availability, discourage speculative buying and contain sugar prices.
July 28, 2026
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Credit Profile Management requires timely repayments, controlled utilisation, selective borrowing and prompt correction of credit-report inaccuracies.
A healthy credit profile depends on timely repayment of EMIs and credit-card dues, controlled credit utilisation and selective applications for new credit. Missed payments, sustained high utilisation and multiple hard enquiries may affect credit health and lender assessment. Individuals should periodically review credit reports for inaccurate personal details, closed loans recorded as active, missing repayment updates, duplicate loan entries or incorrect payment status, and promptly seek correction of discrepancies. Regular monitoring of credit score, repayment history, active accounts and enquiries supports informed credit-management decisions.
July 28, 2026
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Gold loan repayment structures require borrowers to weigh EMI interest savings against bullet repayment cash-flow flexibility and maturity obligations.
Gold loans may be repaid through EMIs, which reduce principal and interest through periodic instalments, or through Bullet Repayment, which defers principal and accrued interest until maturity. The stated framework imposes tiered loan-to-value limits and caps consumption-purpose bullet loans at 12 months, with bullet-loan collateral assessment including projected interest. EMI repayment may reduce overall interest cost for borrowers with predictable income, while bullet repayment may preserve cash flow for borrowers expecting a defined future inflow. Borrowers should compare costs and review the Key Fact Statement before choosing a structure.
July 28, 2026
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Illicit trade prevention requires coordinated intelligence sharing, risk-based shipment controls and public-private cooperation to protect supply-chain integrity.
Illicit trade prevention requires coordinated regional action through institutional intelligence-sharing, joint enforcement, regulatory alignment and public-private engagement. Proposed measures include risk-based pre-export assurance, shipment controls, digital customs tools and common principles adaptable to sector-specific risks. India is identified as a dialogue partner that can support secure regional trade through enforcement cooperation, intelligence exchange and risk-based governance. Analytical research, market intelligence, product-identification awareness and voluntary track-and-trace initiatives may assist in addressing illicit tobacco trade and strengthening lawful trade integrity.
July 28, 2026
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Toy-sector competitiveness is advanced through a task force and playbook focused on manufacturing, innovation, quality compliance and exports.
Toy-sector competitiveness is proposed to be advanced through a dedicated task force and a playbook addressing manufacturing ecosystems, value chains, standards and compliance, skills, innovation, intellectual property and exports. The task force is intended to strengthen manufacturing capability, resolve value-chain bottlenecks, enable design and innovation, develop employment and skills, improve ease of doing business and support global value-chain integration. The roadmap emphasises domestic production, quality standards, localisation, branding, cluster development and support for MSMEs and startups.

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From Vision to Victory: Celebrating India's Most Impactful Achievers Unveiled by Kiteskraft Productions LLP

August 19, 2025

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CHANDIGARH, India, Aug. 18, 2025 /PRNewswire/ -- India's growth story is being shaped by visionary leaders whose strategic foresight and transformative leadership are redefining the nation's future. From Vision to Victory: Celebrating India's Most Impactful Achievers, an initiative by Kiteskraft Productions LLP, pays tribute to these trailblazers, innovators, and changemakers who are revolutionizing industries and driving profound societal change. Through bold ideas, unwavering commitment, and impactful contributions, they are not only empowering communities but also laying the groundwork for a more inclusive, dynamic, and progressive India. Dr. Akhilesh Patel: Dr. Akhilesh Patel, MBBS, MS (Surgery), FIAGES, EFIAGES, is a renowned surgeon and Director of National Hospital, Rewa (M.P.). A pioneer in cancer, laparoscopic, and GI surgeries, he has transformed healthcare access in the Vindhya region by introducing advanced procedures like laparoscopic hemicolectomy for colon cancer and complex oncological surgeries. Under his leadership, National Hospital evolved into an 80-bed multispecialty center with modern ICUs, modular OTs, and a dedicated cancer care unit. Honored with accolades like the Asian Excellence Award and Icons of India, Dr. Patel champions affordable cancer care and rural outreach. Through initiatives like Vindhya Cancer Care, awareness camps, and free treatment drives, he continues his mission to deliver 'metro-level healthcare to smaller cities.' Ms. Indu Verma: Indu Verma is a seasoned finance professional with over 20 years of distinguished experience in the hospitality industry. Currently serving as the Area Director of Finance at Grand Hyatt Gurgaon, she played an instrumental role in the hotel's pre-opening phase in 2022, setting up efficient financial systems and robust risk controls. Her career spans leadership roles across top hospitality brands such as Hyatt, Marriott, Hilton, The Leela, Oberoi, and IHG. Indu is known for her strategic thinking, financial acumen, and people-first leadership style, driving profitability, operational efficiency, and long-term growth. Her core strengths include budgeting, forecasting, compliance, taxation, auditing, and process improvement. Recognized as one of the Global 200 Power Leaders in Finance (2023), Indu exemplifies integrity, excellence, and accountability in every aspect of her leadership. Dr. Ramya Devarajan: Dr. Ramya Devarajan has been honored as the 'Indian Iconic Woman of the Year 2025' for her exceptional impact across education, performing arts, science, and social service. A passionate educator and Primary HOD at Hithashaala Public School, Bangalore, she empowers learners through inclusive and joyful classrooms. A cancer survivor turned motivational speaker, her journey is one of remarkable resilience. With a strong scientific background in pharmaceutical research and national-level presentations, she integrates inquiry-driven pedagogy into education. As a trained Bharatanatyam and Kathak dancer, and founder of Kalodaya Dance Institute, she uses art for healing and social change. Honored with multiple awards and honorary doctorates, Dr. Ramya continues to inspire through mentorship, writing, and advocacy—living her philosophy: "Let your scars be your syllabus—teach the world with what you've survived." Mr. Mohan & Jaya Georg Antony : Thanith Investments: A Visionary Force Reshaping Tomorrow Founded by Mohan (Annamalai University) and Jaya Georg Antony (Panimalar Engineering College), Thanith Investments is a purpose-driven enterprise redefining industry standards through strategic innovation. With a diversified presence across Real Estate, Education, Construction, IT Solutions, Manpower Consultancy, and Digital Marketing, Thanith fosters sustainable growth and impact. From MG Promoters crafting inspired living spaces, to Rafzon Institute of Education shaping future-ready minds, and RKR Designer & Developers delivering excellence in construction—each venture reflects quality and vision. Indydaze IT Solutions empowers businesses with cutting-edge tech, while Rafzon Business Solutions bridges talent and opportunity. Their digital marketing arm elevates brands through compelling storytelling. What sets Thanith apart? Strong leadership, innovation at its core, and a growth philosophy that empowers every client, partner, and investor to thrive. Dr. Mithun Deshpande: Dr. Mithun Deshpande, Jt. Secretary and Administrator of C.T.E. Society's International Public School, Chikkodi, Karnataka, is a trailblazer in transforming rural education in India. With a Doctorate in Literature from South American University, USA, he has led over 1000 impactful sessions aimed at uplifting rural students academically and personally. A recipient of prestigious honors like the Indian Icon Award 2021, the Iconic Leader Award 2024, and recognition from MFA, Government of India, in 2018, Dr. Deshpande is celebrated for his innovative, inclusive, and strategic approach to education. He is also actively involved in Indo–Sri Lanka educational collaborations. With a deep sense of purpose and unwavering commitment, he continues to redefine learning and leadership at the grassroots level. Dr. Nitai Pradhan : Dr. Nitai Pradhan, born on March 30, 1967, in Nagaon, Assam, has dedicated more than 20 years to education and social welfare. As Principal of Good Shepherd's Home English Medium High School since 1989 and Secretary of Nilanchal Unnayan Sanskritika Parishad, he has empowered countless lives through quality education and community initiatives. Under his leadership, the school has consistently achieved 100% pass results. Dr. Pradhan has pioneered projects in women and child welfare, sanitation, skill training, and free computer education. He founded a Short Stay Home for women in Tezpur and collaborated with government agencies for development programs. Honored with multiple awards, including an Honorary D.Litt. in 2025, he remains a beacon of hope and transformation across Assam. Jyotishacharya Ajay Kumar Agarwal : Jyotishacharya Ajay Kumar Agarwal, a Jaipur-based astrologer and Vastu expert, has over 20 years of experience in Vedic astrology. He has analyzed more than 200,000 horoscopes and is highly respected in medical astrology for accurately identifying health issues early, often saving lives. Known for his compassionate nature, he provides personalized remedies like mantras and lifestyle changes that have brought hope to many individuals and families. His guidance has even prevented suicides. He was honored as the 'Most Trusted and Accurate Astrologer of the Year' and featured in the Green Field London Book of World Records. Deeply committed to social service, he believes, 'Service is the highest form of spirituality.' Contact: [email protected] | Instagram: @bhavishyaphalastro8 Sohong Dhar: Bridging Data, AI & Innovation, Sohong Dhar is a distinguished Information Scientist known for his deep expertise in AI, data science, and digital library automation. He holds advanced degrees from prestigious institutions—Jadavpur University, IIT Madras, and Duke University's Pratt School of Engineering. With a keen interest in emerging technologies, he holds patents in swarm robotics and cybersecurity. Currently contributing at Google Brain, Sohong focuses on building resilient, data-driven systems that power real-world solutions. His work has significant impact across sectors such as healthcare, education, and advanced technology. Passionate about transforming analytical insights into innovation, Sohong embodies a rare blend of technical excellence and visionary thinking, making him a leading force in today's data-driven world. Dr. Santosh Rai: Dr. Santosh Rai is a renowned academician, educationist, and motivational speaker whose journey exemplifies a deep commitment to learning and transformation. With a PhD, Doctor of Business Administration, several Master's degrees, and over 20 diplomas, he holds a rare academic portfolio. His efforts have earned him over 40 national and international honors, including the 'Glory of India Award' (London) and 'Global Education Leadership Award' (Nepal), along with world records for the 'Most Degrees Earned in 10 Years' and 'Largest Business Card.' As Director of Professional Career & Computers, Bhilai, he has driven excellence in commerce education. Beyond academics, he empowers youth through seminars and leadership roles in Rotary and Lions Clubs, inspiring thousands across India and abroad through his dedication to education and community upliftment. About Kiteskraft Productions LLP: Kiteskraft Productions LLP, established in 2019, is a premier organizer of National and International Conferences and Award ceremonies across sectors like Education, Business, Healthcare, NGOs, and Entertainment. With a mission to recognize excellence, Kiteskraft honors individuals who drive innovation and outcome-based learning. Certified by ISO and MSME, and registered under MCA, it upholds high standards of quality. Recognized by the Scholar's Book of World Records, Kiteskraft fosters industry collaboration through impactful events. With a dedicated team and a vision for excellence, Kiteskraft Productions LLP continues to inspire, empower, and shape a brighter future. Visit www.kiteskraft.com for more. Photo: https://mma.prnewswire.com/media/2752342/KITESKRAFT_Achievers.jpg' alt='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

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