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    Rupee rises 20 paise to 95.30 against US dollar in early trade
    APEDA Facilitates First-Ever Sea Shipment of Value-Added Flavoured Makhana from Bihar to Canada
    Indian envoy meets Chinese commerce ministry official; Calls for enhanced market access
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    PM takes stock of geo-political situation, safety of seafarers, supply chain constraints
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    CCS discusses global security situation, supply chain constraints
    US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high
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    MCD to launch 5-year PPP policy to modernise school stadiums, offer free sports coaching
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    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.
    July 30, 2026
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    Economic growth and persistent inflation shaped slower output, import pressures, and continued interest-rate restraint despite resilient consumer spending.
    United States economic growth slowed in the second quarter as increased imports reduced gross domestic product growth, despite stronger consumer spending and business investment linked to artificial intelligence. The preferred inflation measure moderated but remained above the central bank's target, with core consumer prices showing limited change. The benchmark interest rate was retained for a fifth consecutive meeting, though some regional presidents supported an increase to address elevated inflation. Employment growth and consumer spending continued to support economic resilience amid high living costs and energy-price pressures.
    July 30, 2026
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    Gold market volatility reflects retail buying, global price trends, currency movements, and weaker domestic demand linked to higher customs duty.
    Gold prices rose on fresh buying by jewellers and retailers amid firm international trends, while silver prices declined. Improved domestic demand and a pullback in the US dollar supported gold, though a stronger rupee limited further gains. India's gold demand declined year-on-year during April-June, attributed to seasonally subdued sales, higher customs duty and an appeal to reduce purchases. Global gold demand remained broadly unchanged, while precious metals were expected to remain volatile and range-bound.
    July 30, 2026
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    Protection and indemnity insurance expands domestic maritime risk coverage for third-party liabilities and strengthens self-reliant insurance capacity.
    Bharat Maritime Insurance Pool has introduced a sovereign-backed Protection & Indemnity insurance product to cover third-party maritime liabilities, including crew and cargo claims, pollution liability and wreck removal. The product expands the pool beyond cargo and hull war-risk coverage and is supported by combined indemnity capacity and a port-correspondent network. The pool is intended to maintain uninterrupted maritime war-risk insurance, build domestic underwriting capacity, strengthen maritime risk management, reduce foreign-market dependence and promote self-reliance in specialised insurance solutions.
    July 30, 2026
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    Cloud-native digital banking transformation integrates lending, cash management and liquidity tools while supporting scalable, resilient and compliant operations.
    Digital banking transformation through a cloud-native software-as-a-service platform entails migration from legacy systems to integrated deposits, lending, virtual account management and liquidity-management capabilities. Real-time data, artificial intelligence foundations, open APIs and event-driven architecture are intended to support digital banking products, corporate cash management and operational agility. Liquidity tools are designed to provide visibility and control over cash positions and working capital. The implementation is intended to deliver scalability, resilience, security and high availability while assisting regulatory compliance; projected benefits remain subject to risks and uncertainties.
    July 30, 2026
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    Workplace culture recognition highlights continued investment in employee wellbeing, inclusion, learning, collaboration and growth at a stockbroking firm.
    Workplace culture recognition was awarded to Kotak Securities through Great Place to Work Certification for a second consecutive year and inclusion among India's Best Workplaces in Investments 2026. The recognition followed assessment of employee feedback, workplace practices and organisational culture, reflecting employee trust, engagement and belonging. The company states that it will continue initiatives supporting employee wellbeing, learning and development, inclusion, collaboration and growth.
    July 30, 2026
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    Pro-competitive reforms strengthen market conditions through competition policy, investment review, trade facilitation, and reduced international regulatory barriers.
    Structural and pro-competitive reforms between 2010 and 2023 are assessed as reducing market distortions and strengthening competitiveness. The assessment covers property-rights protection, domestic competition and international competition, including the Goods and Services Tax, Insolvency and Bankruptcy Code, regulatory improvements and trade-facilitation modernisation. Further priorities include evidence-based competition policy, consumer-welfare review of sector-specific investment restrictions, and cooperation to address international regulatory barriers.
    July 30, 2026
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    Aadhaar enrolment access expands through a new service centre, with coordinated efforts focused on improving young children's coverage.
    Aadhaar enrolment in Manipur has reached approximately 87-88 per cent, with comparatively lower coverage among children aged 0-5 years. The first Aadhaar Seva Kendra in Imphal has been inaugurated to expand access to enrolment and Aadhaar-related services. The State Government is coordinating with welfare and health departments, hospitals and UIDAI to improve young children's enrolment, alongside services available through Deputy Commissioners' offices and authorised enrolment centres.
    July 30, 2026
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    Secured retail lending growth accompanied enhanced credit controls, digital lending processes, and branch expansion by a middle-layer non-banking finance company.
    IndoStar Capital Finance Limited, a middle-layer non-banking finance company registered with the Reserve Bank of India, reported growth in secured used-vehicle finance and micro loans against property for the quarter ended June 30, 2026. It reported higher disbursements, assets under management and net interest income, alongside a lower weighted average cost of funds. The company also stated that it strengthened underwriting, customer-selection filters, scorecards and early-warning systems, while advancing electronic lending processes and expanding its branch and micro-loans-against-property network.
    July 30, 2026
    Show AI Summary
    Gold demand trends show central bank buying and OTC investment offsetting weaker ETF and jewellery demand.
    Global gold demand remained broadly unchanged during the April-June quarter, with reduced gold exchange-traded fund, bar and coin investment offset in part by over-the-counter investment supported by Asian investors. Central banks and official institutions increased net additions to gold reserves, while high prices reduced jewellery volumes and encouraged demand for lighter products. Total supply was unchanged as increased mine production was offset by lower recycling. Investment is expected to drive future demand, while high prices may continue to constrain jewellery demand and recycling.
    July 30, 2026
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    Sports infrastructure PPP framework enables private stadium operation while requiring free coaching, child protection compliance, and student performance tracking.
    The PPP framework permits private operators to modernise, operate and maintain school sports stadiums at their own cost, while providing free organised sports training to enrolled students. Operators may commercially offer paid coaching and facilities to external users outside school hours, subject to student-related obligations. Selection is based on technical eligibility and detailed evaluation of sports, PPP, operational and technology capabilities. Agreements have an initial five-year term, with possible extension based on performance, mutual consent and public interest. Child-protection compliance, bank-routed transactions and disqualification for insolvency or statutory and child-safety violations apply.
    July 30, 2026
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    Quarterly financial reporting highlights operational growth, FDA inspection compliance, product integration, and prior insolvency proceeds in pharmaceutical operations.
    Quarterly financial reporting records revenue growth and improved EBITDA performance across CDMO, Complex Hospital Generics and Consumer Healthcare operations. CDMO growth was linked to order inflows, higher capacity utilisation, pricing discipline and commercial expansion, while quality compliance included an Establishment Inspection Report for the Sellersville facility and continued Zero Official Action Indicated status. The prior-year exceptional item related to one-time insolvency proceeds from a supplier claim filed before the NCLT. Consumer Healthcare growth was attributed to power brands, e-commerce, premiumisation, pricing and cost optimisation.
    July 30, 2026
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    Proposed e-Way Bill enhancements remain on hold, with no production changes required pending further communication.
    Proposed e-Way Bill enhancements have been kept on hold until further notice. Stakeholders are not required to make production-environment changes pursuant to the earlier advisories concerning those enhancements. The related advisories and FAQs are to be withdrawn from the GST Portal pending further communication.

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      Union Minister Shri Manohar Lal Khattar Dedicates World Class Sports Academy at JGU to the Nation

      September 8, 2025

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      Sonipat, 8 Sept, 2025: Shri Manohar Lal Khattar, Hon’ble Union Minister of Power & Housing and Urban Affairs, Government of India and former Chief Minister of Haryana, inaugurated and dedicated the World-Class Naveen Jindal Sports Academy at O.P. Jindal Global University to the Nation in the presence of sporting luminaries, medal winners and athletes from Haryana and other distinguished guests from the state. He was welcomed to grace the occasion by the Chancellor Mr. Naveen Jindal, Member of Parliament, Lok Sabha at the university in the presence of Haryana’s Arjuna Awardees, Bhim Awardees, Dronacharya awardee and Dhyanchand awardee.

      Shri Manohar Lal Khattar, Hon’ble Union Minister of Power & Housing and Urban Affairs, Government of India, said in his Inaugural Address, “I am delighted to dedicate the Naveen Jindal Sports Academy to the nation as Haryana is the land of sports. Haryana is synonymous with sports excellence. The Academy, with its world class facilities, has been designed to nurture the champions of tomorrow. Haryana, the sporting powerhouse, has consistently produced sportspersons who bring laurels on the global stage and JGU has added a powerful new chapter to that legacy. The National Sports Policy (NSP) 2025 marks a landmark step towards reshaping India’s sporting landscape. This Sports Academy is a reflection of this larger vision where infrastructure, talent and opportunity converge. We will be inspiring a new generation to embrace sports. JGU is a renowned and globally recognised university and is now considered a milestone in higher education. Development must be done in continuation of our history and culture and Haryana has been a pathbreaker in supporting sports and a sporting culture across communities from villages to cities, especially encouraging children to be involved in sporting activities. Sports also teaches humility, discipline, dedication and hard work which will strengthen the students at JGU.” Mr. Naveen Jindal, Chancellor, O.P. Jindal Global University (JGU), spoke eloquently about the significance of sports while welcoming famous Haryana sportspersons at the event and credited his vision to the inspiration and encouragement of his father, the late Shri O.P. Jindal, and said, “It was my dream to build a world class university in Haryana in his memory and I hope you have seen that today at the campus where from teaching to hostels, dining to health, sports to the campus, everything has been created for a global experience for learning and education. JGU is a not-for-profit institution as education is the biggest contribution we can make for social development. Good education helps our students become better and responsible citizens. As an avid sportsperson myself, I believe that every student should have access and avenues for sports as it gives them new energy. Across India, Haryana has the largest number of medal winners in the country.” The Chancellor announced a plan to develop the capabilities of 50 elite and talented sportspersons who will go on to participate at the international level and represent India globally. “This will further inspire other students to become avid sportspersons as well.” The respected audience included: Arjuna Awardees: Ashok Kumar, Wrestling; Mamta Kharb, Hockey; Manoj Kumar, Boxing; Yashpal Solanki, Judo; Virender Singh, Wrestling; Babita, Wrestling; Abhishek Verma, Archer; Rajender Singh Bhanwala, Rowing; Amir Singh, Volleyball; Yogeshwar Dutt, Wrestling; Dalel Singh, Volleyball.

      Bhim Awardees: Arun, Special Olympic Roller; Keshav Malik, Badminton, Specially-Abled Sports Person; Shivani Kataria, Swimming; Kavita, Boxing; Sant Kumar, Athletics; Sandeep Kumar, Boxing; Sandeep Singh, Athletics; Bijender Singh, Dragon Boat; Amit, Athletics; Suman Kumari, Wrestling; Vinod Kumar, Wrestling; Amir Singh, Volleyball; Dalel Singh, Volleyball; Meena, Boxing; Ramcharan Singh, Athletics; Vinod Kumar, Wrestling.

      Dronacharya Awardees: Mahabir Singh, Wrestling; Ramcharan Singh, Boxing.

      Dhyanchand Awardee: Manoj Kumar, Wrestling.

      Professor (Dr) C. Raj Kumar, Vice Chancellor, Founding Vice Chancellor, JGU, welcomed the distinguished guests and said, “It is a great honour to welcome Union Minister Shri Manohar Lal Khattar, a visionary leader on this historic occasion, who has led Haryana to great development and growth. He has a deep and abiding commitment to education and its power to help transform society. His presence today at the dedication ceremony of the Naveen Jindal Sports Academy is a privilege for the university. This is also a celebration of our visionary Chancellor’s leadership who has made great contributions towards nation building and growth of sports to empower the youth. At JGU we believe that education is not limited to books and classes, but the development of the heart, soul and mind. We need to nurture our universities to become the benchmark for the future and JGU is committed to that ambition.” Other leading Haryana guests included: Lehar Singh Siroya, Member of Rajya Sabha; Subhas Barala, Member of Rajya Sabha; Ramchander Jangra, Member of Rajya Sabha; Abhay Kumar Sinha, Member of Lok Sabha; Chaudhary Dharambir Singh, Member of Lok Sabha; Rekha Sharma, Member of Rajya Sabha; Richard Vanlalhmangaiha, Member of Lok Sabha; Satpal Jhamba, Member of Legislative Assembly, Pundri; Kulwant Bajigar, Member of Legislative Assembly, Kaithal; Shrimati Krishna Gehlot, Member of Legislative Assembly, Rai; Pawan Kharkhoda, Member of Legislative Assembly, Kharkhoda; Devendra Kadyan, Member of Legislative Assembly, Ganaur; Nikhil Madan, Member of Legislative Assembly, Sonipat; Manmohan Goyal, Mayor, Rohtak; Sushil Sarwan, IAS, Deputy Commissioner of Sonipat and Prof. Rajbir Singh, Vice Chancellor, Maharshi Dayanand University – Rohtak The Naveen Jindal Sports Academy (NJSA) was established to support JGU’s intention of becoming a globally-recognised centre of excellence for sports training, education, and research, fostering the next generation of elite athletes, coaches, and sports professionals. JGU established the NJSA in honour of the university’s Chancellor, Mr. Naveen Jindal, an active polo player, a national record holder in skeet shooting, and a prominent voice for the integration of sports into the education system.

      Introducing The World-Class Sports Academy, Mr. Peter Trevaskis, Dean, Naveen Jindal Sports Academy, JGU, said, “Today is a strong statement of intent from O.P. Jindal Global University about its commitment to physical activity, healthy living, and the desire to contribute positively to the growth of India’s sporting capability. The Naveen Jindal Sports Academy is the realisation of the vision and passion of our Chancellor and is a true world-class facility that will benefit generations of students, faculty and staff, and is the foundational building block we need to create a true high-performance sports environment at JGU.” The NJSA provides students with world-class facilities which support swimming, athletics, basketball, badminton, volleyball, shooting, squash, dance and yoga, combat sports, table tennis, snooker, pool, and an expansive gymnasium and physiotherapy centre to support overall health and wellbeing.

      Professor (Dr.) Arpita Gupta, Dean of Research, introduced the Chief Guest Shri Manohar Lal Khattar with a comprehensive overview of his many achievements as a leader and supporter of education.

      In his Vote of Thanks, Professor Dabiru Sridhar Patnaik, Registrar, JGU, said, “We are honoured to have the Union Minister Shri Manohar Lal Khattar and former Chief Minister of Haryana on this historic occasion. We thank the Chancellor Mr. Naveen Jindal for his vision to build a world class facility at JGU.” (Disclaimer: The above press release comes to you under an arrangement with O.P. Jindal Global University and PTI takes no editorial responsibility for the same.). PTI PWR

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