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    ITC Q1 profit declines 15.6 pc to Rs 4,508.79 cr; non-cigarette FMCG posts robust growth
    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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    India's forex reserves jump USD 6.12 bn to USD 682.35 bn
    Jharkhand signs pact with CSC eStore to make SHG products made by women available online
    APEDA Facilitates First-Ever Air Shipment of Karnataka's Neelam and Totapuri Mangoes to the Maldives
    Favara-UPI Cross-Border Payment Corridor Goes Live Between Maldives and India
    SC upholds NCLAT order setting aside CCI's Rs 301.6-cr penalty on Grasim Industries
    China's factory activity unexpectedly slips into contraction in July
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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
    ED attaches Rs 94 crore in foreign bank account in fraud case against Delhi-based rice firm
    Ensure uniform deposit rates across all branches: RBI tells banks
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    July 31, 2026
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    Excise duty increases on cigarettes pressured profitability, while calibrated pricing and FMCG growth supported market resilience.
    Excise duty increases on cigarettes affected consolidated profitability, prompting calibrated pricing and portfolio measures to protect market share and limit migration to illicit trade. The cigarette portfolio was re-architected across price points through value-accretive offerings and staggered pricing actions. Non-cigarette FMCG growth was supported by demand for packaged foods, dairy and personal-care products. Input-cost inflation was mitigated through inventory cover, commodity hedging and price-volume rebalancing amid crude-price volatility, supply-chain disruption and imported inflation concerns.
    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.
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    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.
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    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.
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    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.
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    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.
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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.
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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.
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    July 31, 2026
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    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.
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    Money laundering asset attachment targets overseas bank deposits linked to alleged loan fraud and fugitive economic offenders.
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    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.

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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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