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    CCI approves acquisition of 100% stake in Kestrel Coal Group Pty Ltd. by Yancoal Australia from certain sellers
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August 26, 2026
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Competition clearance for full coal-sector acquisition addresses limited Indian market links through metallurgical and thermal coal sales.
Competition approval covers Yancoal Australia Limited's acquisition of 100% equity interest and warrants in Kestrel Coal Group Pty Ltd. The target holds an 80% interest in the Kestrel Joint Venture, which operates a Queensland coal mine producing principally metallurgical coal and a smaller volume of thermal coal. Neither the acquirer nor the target has a physical presence in India. Their Indian nexus is limited to coal exports and the joint venture's sales of metallurgical coal into India.
August 25, 2026
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Customs classification of unassembled vehicle imports requires fresh hearing after reserved tax challenge was released without verdict.
The dispute concerns customs classification of imported unassembled vehicle parts. Customs authorities allege that parts imported in separate shipments should have been declared as completely knocked down (CKD) units, attracting the higher duty applicable to CKD imports, rather than as individual components subject to lower duty. The manufacturer contests the resulting customs demand. Proceedings have been released for fresh hearing before the regular indirect-tax writ bench, with status quo maintained for four weeks.
August 25, 2026
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Retaliatory tariffs on imported goods escalate trade measures, targeting key sectors while maintaining support for affected domestic businesses.
Canada has imposed retaliatory tariffs on United States-origin industrial and consumer goods following increased United States tariffs on Canadian goods. Effective 8 September, the measures apply at rates of 15%, 25% and 50% across more than 700 products, including steel, aluminium, appliances, dairy products, seafood, furniture, clothing, pulp and paper, and electronics. Existing countertariffs on automobiles remain in force. The measures seek to protect domestic businesses and reduce imports, supported by assistance for affected workers and businesses amid risks to integrated cross-border supply chains.
August 25, 2026
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Foreign-exchange market intervention and lower crude prices supported rupee appreciation, while USD/INR remained range-bound amid shifting dollar conditions.
Foreign-exchange market conditions supported rupee appreciation against the US dollar, driven by stronger domestic equity markets, a weaker US dollar and lower crude oil prices. The USD/INR pair remained broadly range-bound, with oil-price movements and Reserve Bank intervention identified as key near-term influences. The special USD-INR foreign-exchange swap facility for FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings mobilised substantial foreign-exchange inflows.
August 25, 2026
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Section 301 tariffs may have lower impact where major exports remain outside their scope amid resilient domestic demand.
Economic resilience is attributed to buoyant domestic demand, increased manufacturing and services activity, improving liquidity conditions, credit growth, investment activity and rebounding foreign capital inflows. Recovery in the southwest monsoon improved kharif sowing and reservoir storage, partly mitigating agricultural-sector risks. US Section 301 tariffs are expected to have a comparatively lower effect because major Indian exports to the United States, including smartphones, petroleum products and pharmaceuticals, remain outside their scope. Foreign direct investment improved with higher gross inflows, while outward foreign direct investment continued to decline.
August 25, 2026
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BIS certification exemptions may be structured for high-tech manufacturers to ensure timely equipment imports and support domestic manufacturing operations.
Mandatory Bureau of Indian Standards (BIS) certification requirements for equipment and components used by high-technology manufacturers may be addressed through a proposed exemption framework. Possible exemptions may be structured at the company, industry, product, project or bulk level to support timely availability of imported equipment, goods and services for manufacturing operations. The approach is directed at high-technology industries generally, particularly semiconductor and artificial intelligence sectors, while addressing delays associated with mandatory certification and complex procedures for specialised imported parts and equipment.
August 25, 2026
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Corporate social responsibility should prioritise measurable community outcomes, transparency, capable implementing agencies, and strategic integration with sustainability objectives.
Corporate social responsibility should prioritise measurable community outcomes rather than expenditure alone. Effective CSR depends on community-responsive design, capable implementing agencies, rigorous monitoring, social audits, and transparent use of technology and data. Public sector enterprises may use thematic priorities, convergence with government programmes, and institutional collaboration to replace isolated interventions with strategic CSR. CSR capacity building encompasses legal and regulatory frameworks, governance, project planning, impact assessment, reporting, ESG and the Social Stock Exchange.
August 25, 2026
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Regional rural bank performance highlights improved profitability, asset quality, priority-sector lending, financial inclusion, and digital banking expansion.
Regional Rural Banks achieved prescribed priority-sector lending targets and sub-targets, expanded financial inclusion through new Pradhan Mantri Jan Dhan Yojana accounts, and recorded improvement in profitability, asset quality, and credit-deposit ratio. Digital banking adoption is to be accelerated to improve operational efficiency, customer experience, and banking access in rural and remote areas. Sponsor Banks are expected to strengthen information-technology infrastructure and support increased area-specific credit flows and innovative lending.
August 25, 2026
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Ethanol-blended fuel policy faces calls for consumer-focused review amid sugar supply pressures and older-vehicle compatibility concerns.
Consumer-focused review of the ethanol-blended fuel policy is sought because higher ethanol diversion may affect domestic sugar availability and prices, potentially requiring sugar imports that could reduce claimed foreign-exchange savings from lower petroleum imports. The review should address ethanol and sugar production, domestic prices, imports, and consumer, environmental and economic concerns. Availability of lower-blend fuel alongside E20 is advocated for owners of older vehicles, with consumer choice between E10 and E20 supporting a comprehensive reassessment.
August 25, 2026
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Economic resilience remains supported by domestic demand, manufacturing, liquidity and capital inflows despite external trade and geopolitical risks.
Economic resilience is attributed to buoyant domestic demand, sustained manufacturing and services activity, and double-digit merchandise trade growth. Improved southwest monsoon conditions supported kharif sowing and partly reduced agricultural risks, although geopolitical frictions and fresh United States tariffs remained external risks. Supply-side pressures raised consumer price inflation, while stable core inflation indicated limited cost pass-through. Easing liquidity, credit growth, investment activity and rebounding foreign capital inflows supported financial and external-sector conditions.
August 25, 2026
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Sugar price controls combine raw sugar imports, stockholding limits, and export restrictions to curb retail inflation.
Sugar market intervention combines permitted imports of raw sugar, stockholding limits for dealers and bulk consumers, and an existing export ban to address sharp increases in retail and wholesale prices. Limits on inventories held by trade participants and large industrial consumers are intended to curb speculation and hoarding. Although ex-mill rates declined after the import decision and anti-hoarding measures, the reduction had not yet translated fully into retail prices. The measures seek to supplement domestic availability and restrain practices that may intensify consumer-price increases.
August 25, 2026
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Tariff escalation drives retaliatory planning, industry protection measures, supply-chain uncertainty, and proposed symbolic geographic renaming amid cross-border trade tensions.
United States-Canada trade tensions have intensified after tariffs were imposed on Canadian goods following unsuccessful bilateral talks. Canada is expected to pursue retaliatory measures, potentially using targeted action to protect workers and businesses rather than matching tariffs directly. Further tariff threats concern vehicles, auto parts and steel. Integrated cross-border supply chains in automotive, energy, agriculture and manufacturing face increased costs and consumer-price uncertainty. Consideration of renaming Lake Ontario as "Lake America" has also been linked to the escalating dispute.
August 25, 2026
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Central infrastructure monitoring through PAIMANA-PROJ tracks implementation progress, sectoral priorities, completed works, and integration of newly monitored projects.
PAIMANA-PROJ monitors Central Sector infrastructure projects costing Rs. 150 crore and above across 17 Ministries and Departments. As of July 2026, 1,775 projects with a revised cost of Rs. 37.11 lakh crore were under monitoring, with cumulative expenditure of Rs. 19.26 lakh crore. Transport and Logistics formed the largest monitored sector, followed by Energy. The portfolio included mega and major projects at varying physical and financial completion stages. PAIMANA-CRIP serves as the central infrastructure-project data repository, with most data updated through APIs.
August 25, 2026
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Plant growth regulator quality controls require farmer awareness, licensed sales, quarantine compliance, and protection against uncertified orchard inputs.
Plant Growth Regulator quality control seeks to protect farmers and orchardists from spurious products sold in the open market. Licensed pesticide and fungicide outlets receive application schedules, while farmer awareness is stressed due to purchases of cheaper PGRs that may not achieve expected results. Rootstock imports require quarantine clearance, and uncertified rootstock purchased from the market is associated with disease spread in orchards. Regulatory measures include direct departmental sale of branded chemicals, promotion of weather-based crop insurance, and demands concerning minimum support pricing and Market Intervention Scheme documentation.
August 25, 2026
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Anti-conversion compliance prompts voluntary prayer declarations, alongside food-safety oversight and enforcement against demolition, liquor, and cyber-fraud allegations.
Maharashtra's anti-conversion law has commenced, and churches across the Mumbai Metropolitan Region have sought written self-declarations confirming voluntary prayer attendance without pressure. Food-safety oversight requires cleaning of cricket association eateries before a further inspection. Enforcement matters include investigation into unauthorised shop demolitions allegedly involving misuse of a municipal corporation's name, arrests connected with spurious-liquor manufacture, and a cyber-fraud network allegedly using mule accounts to launder proceeds. A retired High Court judge has been appointed as Lokayukta.
August 25, 2026
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User development fee rationalisation reduces departure charges and links airport cost recovery to commissioned capital projects during the tariff cycle.
Airport tariff regulation for Hyderabad airport fixes reduced User Development Fee for departing domestic and international passengers from 1 September 2026 through 31 March 2031, with rationalised landing charges. The tariff determination applies the incremental Aggregate Revenue Requirement framework, linking airport-charge cost recovery to completion, commissioning and use of identified high-value capital expenditure projects. A variable tariff plan provides landing-charge incentives upon prescribed qualifying conditions, supporting traffic development and route expansion while requiring cost-reflective, transparent and non-discriminatory aeronautical tariffs.
August 25, 2026
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Rupee appreciation reflects weaker dollar, lower crude prices, positive equities, and foreign-exchange inflows through swap facilities.
Foreign-exchange market conditions supported the rupee's appreciation against the US dollar, driven by positive domestic equity markets, a weaker dollar, and declining crude-oil prices. The USD/INR pair remained within a narrow range, with oil-price movements and potential central-bank intervention identified as near-term determinants. A special USD-INR foreign-exchange swap facility covering FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings had mobilised foreign-exchange inflows relevant to currency liquidity.
August 25, 2026
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Energy supply diversification reshapes India's LPG, LNG and crude sourcing amid constrained Gulf availability and higher logistics costs.
India's energy-import sourcing has shifted towards supply diversification as disruption in the Strait of Hormuz constrained traditional Gulf supplies. United States cargoes have become particularly important for LPG and LNG, while procurement has also broadened to Atlantic Basin and other non-traditional suppliers. Diversification increases costs through longer voyages, higher freight, insurance expenses, tighter availability and higher commodity prices, reflecting a premium for supply security. Crude sourcing continues to rely principally on Russia, alongside resilient UAE flows and increased Venezuelan heavy crude imports.
August 25, 2026
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Intelligence-led enforcement against illicit trade requires coordinated data-sharing, risk profiling, digital accountability and disruption of organised supply networks.
Cross-border illicit trade enforcement should move beyond isolated seizures to intelligence-led disruption of organised criminal networks. Risk-based profiling, predictive analytics, container scanning and shipment-data analysis should support targeted action against misdeclaration, port-hopping, concealment and digital distribution. Right holders should share specific intelligence with customs targeting mechanisms, and goods entering Domestic Tariff Areas from warehousing and special economic zones require enhanced examination. Digital enforcement should trace suppliers, financial flows, data trails and small-parcel movements, supported by coordinated feedback between online marketplaces, police and customs.
August 25, 2026
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NRI banking account segregation aligns overseas earnings, domestic income, foreign-currency savings, remittances, and borrowing with cross-border commitments.
NRI banking arrangements require segregation of overseas earnings, India-sourced income, savings, remittances and expenditure after residential status changes. An NRE account holds overseas income remitted to India, with interest exempt from income tax in India. An NRO account is intended for Indian income, including rent, dividends and pension, while FCNR deposits retain funds in a chosen foreign currency. A structured arrangement can align these accounts with domestic obligations, overseas spending, remittances, investments and compliant digital banking access.

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Inspiring Generations: The Legacy of 10 Trailblazers Unveiled by Kiteskraft Productions LLP

September 12, 2025

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CHANDIGARH, India, Sept. 12, 2025 /PRNewswire/ -- Kiteskraft Productions LLP honors ten extraordinary educators whose vision and dedication continue to inspire generations. These trailblazers move beyond traditional teaching, nurturing creativity, critical thinking, and social responsibility. Through their transformative work in academics and community engagement, they shape knowledge, character, and leadership. Their impact creates lasting legacies, making them true architects of progress and guiding lights for the future. Talented Ritu Insan: Mrs. Ritu Rani, widely known as Talented Ritu Insan, stands as a symbol of empowerment, resilience, and visionary leadership. With more than a decade of dedicated service, she has transformed lives by merging education with social entrepreneurship. Through her wide-ranging skill development programs—spanning tailoring, vocational training, and entrepreneurial guidance—she equips women and marginalized groups with the tools for self-reliance and confidence. Her inclusive approach fosters leadership, nurtures talent, and bridges the crucial gap between learning and livelihood. A strong advocate for gender equality and education reform, she has consistently driven impactful change while earning national recognition. Today, her mission continues to inspire and uplift future generations, creating pathways of opportunity and progress for countless individuals. Debjani Astro: A Life Shaped by Resilience and Service, Bakshiddha Debjani's life is a powerful story of resilience, independence, and service. Raised in a modest household, she turned challenges into opportunities, nurturing both empathy and determination. Fascinated by astrology and palmistry from an early age, she self-taught through books and by 1989, at just 20, began her professional journey. Over the past 35 years, she has become renowned for her accuracy, compassion, and integrity—offering guidance that blends tradition with emotional support. For her, astrology is not just prediction but a tool for confidence and self-awareness. Her journey proves that perseverance and compassion can overcome adversity, inspiring countless lives and reaffirming her belief in service as a life purpose. Dr. Manjunath Bhandary: Dr. Manjunath Bhandary, a distinguished technocrat, social thinker, and institution builder, has redefined higher education in India. With a rare academic blend—Engineering and advanced degrees in Political Science—he combines technical expertise with social insight. Founder of the Bhandary Foundation and Sahyadri College of Engineering & Management, he champions innovation-driven, inclusive, and socially conscious education. His Ph.D. on women's participation in Panchayat Raj reflects his commitment to grassroots empowerment. Globally recognized as an Eisenhower Fellow, Dr. Bhandary has represented India across many countries, while locally uplifting rural communities through transformative initiatives. Under his leadership, Sahyadri has emerged among India's most innovative institutions, nurturing start-ups, fostering employability, and inspiring students to 'walk in with an idea, walk out with a product.' Mrs. Bharti Madhok : Mrs. Bharti Madhok, Vice Chairperson of the Sunbeam Group of Educational Institutions, has dedicated over 45 years to redefining education in Varanasi and beyond. Believing that 'a happy child learns best,' she shaped Sunbeam into a network of schools, colleges, and hostels, impacting more than 35,000 students across 16 districts of Eastern Uttar Pradesh. Her initiatives include the Sunbeam Autism Centre for inclusive education, Karsana Gramin School for rural children, and programs fostering sports, arts, leadership, and entrepreneurship. A strong advocate of women empowerment, she has created thousands of opportunities for women in education and leadership. Nationally recognized with multiple awards, she continues to inspire with her vision of joyful, holistic, and transformative learning. Ms. Marmi Nilay Shukla: Empowered by Art, Elevated by Achievement: The Inspirational Journey of Marmi Nilaybhai Shukla exemplifies how passion for art and dedication to academics can shape a purposeful and impactful life. A postgraduate in English from Krantiguru Shyamji Krishna Verma Kachchh University and graduate of R. R. Lalan College, she has carved a unique identity in Gujarat's cultural landscape. From childhood, her innate creativity shone through classical dance, vocal music, and theatre, earning her numerous accolades at district, state, and national levels. Recognized with prestigious honors—including the Rashtriya Nari Shakti Puraskar—her journey blends artistic brilliance with academic discipline. Through perseverance and talent, she continues to inspire future generations, embodying the transformative power of education, cultural pride, and self-expression. Anyone Can Dance: Inspiring India to Move Without Fear Anyone Can Dance (ACD) is a groundbreaking initiative founded by Sandhya Venigalla during the COVID-19 lockdown. Initially hesitant to dance, she gained confidence through her husband's patient guidance, realizing that countless others shared the same fear. This inspired the creation of ACD—an inclusive platform proving that dance is for everyone, regardless of age or experience. Launched with a 5-day online program, the movement emphasizes fitness, confidence, and joy through live, interactive sessions. In just four years, ACD has empowered over 100,000 people worldwide and earned the Most Innovative Online Dance Platform Award. By focusing on fun, connection, and self-expression, ACD transforms hesitation into confidence, reminding us that truly anyone can dance. Rev. Dr. Vivian Wilson Lobo : Rev. Dr. Vivian Wilson Lobo, Principal of St. Francis De Sales School of Excellence, Nagpur, stands as one of Central India's foremost educationists and visionary leaders. A priest-scholar with a PhD in English, Licentiate in Biblical Theology, MBA, and multiple Master's degrees, he blends academic brilliance with spiritual depth. Under his dynamic leadership, SFS has risen as a premier CISCE institution, ranked among India's Top Five Schools for teacher training and inaugurated as a CISCE Zonal Training Hub. Partnering with IIT Madras and the British Council, the school nurtures global excellence. From robotics world victories to mental maths, sports, and music, Fr. Lobo has fostered holistic development rooted in values, service, and faith, earning national and international acclaim. Mr. John Kiran E: Redefining Digital Innovation with Iconic Dream Focus, John Kiran, Founder and CEO of Iconic Dream Focus, is a visionary entrepreneur shaping the future of digital technology. A Loyola-ICAM engineering graduate, he began his career at HSBC before pursuing his passion for innovation through entrepreneurship. In 2020, he launched Iconic Dream Focus, creating impactful platforms such as Paarambariyam, Drmurs, and Hy U, which seamlessly merge technology with meaningful human experiences. Under his leadership, the company has expanded into AI and data analytics, driving forward-thinking solutions for a global audience. With a mission rooted in purpose and innovation, John Kiran is positioning Iconic Dream Focus as a transformative force in the evolving digital landscape. Ms. Preity Gupta: Preity Gupta, an internationally award-winning Enterprise Security Architect and Advisor (GRC), founded SecureBiz to address a critical gap in India's entrepreneurial landscape. During the COVID-19 digital acceleration, she observed small and mid-sized businesses rushing to the cloud but stumbling over security lapses, leaving them vulnerable and fearful. With years of experience safeguarding multi-cloud systems for global corporations, she envisioned a movement—not just a consultancy—that could democratize cybersecurity. SecureBiz redefines security as a growth enabler through awareness challenges, storytelling, and her bestselling book, Cost Savvy Secure Cloud. Its flagship 'Secure in 2 Days' masterclass empowers even non-tech founders with practical roadmaps, making security accessible, empathetic, and confidence-building. Today, SecureBiz is a vibrant ecosystem helping businesses grow fearlessly. Trinath Sain: A Remarkable Journey from Village Roots to International Recognition, Trinath Sain, a proud son of Bara Palashan village in Purba Bardhaman, has risen beyond boundaries to earn international acclaim in literature and culture. Growing up in a humble rural setting, his talent, dedication, and deep love for art and writing shaped his extraordinary journey. Inspired by the legendary Mahasweta Devi, he penned his first novel, which received wide praise in India and abroad, earning him recognition on February 13, 2014. A memorable milestone in his life was meeting West Bengal Chief Minister, Mamata Banerjee, whose blessings he considers his greatest achievement. Blending literature and dance, he presents powerful social messages globally, proving that creativity rooted in village soil can achieve global impact. 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/2771701/KITESKRAFT_Trailblazers.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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