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    FDA suspends licences of five food outlets on Mumbai Cricket Association premises
    Govt appoints ex-diplomat Akbaruddin, 2 other new members to RBI central board
    'Only 6.83 per cent after 4 years': Omar Abdullah defends J&K power tariff hike
    No sugar shortage in India, prices to ease in coming days following govt's measures: ISMA
    Govt lifts export ban on wheat and its products
    ED raids several places in UP, Haryana in GST fraud case; over Rs 1 crore cash seized
    From Syrup Diversion to Sugar Production: SED's Integrated Process House Solution for Shivshakti Sugars' 7,500 TCD Plant
    Chandigarh University Provides In-House Training for Civil Services, Defence, Management, Banking & PSUs
    ICSI inaugurates new Chapter Office in Hyderabad
    Curis Lifesciences Charts a New Growth Path with Uninova, Export Markets and Branded Pharma Expansion
    IBC @ Crossroads: A Decade of Evolution, The Road Ahead
    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman will embark on official visit to Canada and USA from 25th August to 2nd Septemb...
    UPI Completes 10 Years of Digital Payments Revolution- Globally Recognised as World’s Largest Real‑Time Payment System
    PROVISIONAL ESTIMATES OF SERVICE PRODUCER PRICE INDICES (BASE YEAR 2022-23) FOR Q1 OF FY 2026-27 AND FINAL INDICES FOR Q4 OF FY 2025-26.
    Minister of State for Commerce and Industry and Electronics & Information Technology Shri Jitin Prasada on Official Visit to Morocco.
    Rupee falls 3 paise to close at 95.74 against US dollar
    HSBC INDIA OPENS NEW BRANCH IN NASHIK TO SUPPORT WEALTH EXPANSION
    Commerce and Industry Minister Shri Piyush Goyal Leads A 200-Member Business Delegation to Japan.
    CBN busts inter-state heroin syndicate in ‘Op Black Hawk’; seizes over 18.6 kg crude heroin - Three members of inter-state trafficking network arr...
    Bank unions threaten nationwide strike on Sep 11 to press for 5-day banking, other demands
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August 24, 2026
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Food safety compliance failures trigger licence suspensions for deficient hygiene, storage, refrigeration, sanitation and valid licensing practices.
Food safety enforcement measures resulted in suspension of food licences or registrations where establishments failed hygiene, food handling, storage, refrigeration, sanitation and licensing requirements. Deficiencies included unsafe temperature control, unclean refrigeration equipment, improper food storage and thawing, inadequate sanitisation, deteriorated or expired materials, deficient oil-quality checks, artificial colouring, pest infestation, cross-contamination risks and inadequate drainage. One outlet was also found to be operating under the name of an establishment without a valid food licence, resulting in suspension of its registration certificate.
August 24, 2026
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Central Board Governance expands through appointments of part-time non-official directors for defined terms, alongside central bank and government representatives.
Appointments to the Reserve Bank of India's Central Board expand its part-time, non-official director membership. Syed Akbaruddin, Annie George Mathew and Janmejaya Kumar Sinha have been appointed for four years from 24 August 2026, or until further orders, whichever occurs earlier. The Central Board also includes the Governor, deputy governors, the economic affairs secretary and the financial services secretary.
August 24, 2026
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Electricity tariff adjustment is linked to inflation and transmission losses, while free household units remain separately implemented.
Electricity tariff increase of 6.83 per cent after four years is presented as necessary in light of inflation and rising costs. Reducing transmission and distribution losses is identified as a means of limiting future tariff increases. Provision of 200 units of free electricity for poor and needy households through solar panels under the Muft Bijli Yojana is treated as distinct from tariff revisions.
August 24, 2026
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Sugar supply management measures target speculative stockpiling through imports, stockholding limits and earlier crushing to moderate prices.
Sugar supply is characterised as adequate, and higher prices are attributed principally to speculative buying and advance stockpiling, alongside lower output, seasonal demand and global price pressures rather than an actual shortage. Duty-free raw sugar imports and stockholding limits are intended to augment availability, curb speculative accumulation and stabilise market sentiment. Imports, existing stocks, special crushing and an earlier crushing season are expected to moderate prices and improve festive-period supply. Ethanol diversion is not identified as a cause of the price movement.
August 24, 2026
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Wheat export policy shifts to free trade, lifting restrictions on wheat flour, maida, semolina and wholemeal atta exports.
Wheat export policy has been revised from prohibited to free with immediate effect, lifting the export ban on wheat and related wheat products. The liberalised export treatment extends to wheat flour, maida, semolina and wholemeal atta. The restriction had been imposed to address rising domestic prices, and its removal is expected to improve international wheat availability.
August 24, 2026
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Bogus input tax credit fraud investigation examines fabricated invoices, circular transactions, layered funds and alleged proceeds of crime.
Investigation into alleged bogus input tax credit fraud involved searches under the anti-money-laundering framework. The alleged scheme involved fabricated invoices and e-way bills without actual movement of goods, circular transactions, layered funds, cash withdrawals and bogus or non-existent entities. GST authorities identified fraudulent availment of input tax credit causing wrongful loss to the government exchequer. The investigation focused on tracing alleged proceeds of crime, identifying beneficiaries, and securing documentary and digital evidence.
August 24, 2026
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Sugar crystallization process integration combines evaporator upgrades, continuous boiling, heat recovery and automation for efficient plantation white sugar production.
Sugar manufacturing process integration is proposed through strengthening an existing evaporator station and adding a sugar crystallization section to convert syrup production into plantation white sugar production. The scope covers design, engineering, equipment supply, erection and commissioning of condensate heaters, falling film evaporators, heat-recovery systems, continuous pans, vacuum systems and crystallizers. Continuous massecuite boiling will use chamber-specific control, while evaporator recirculation and online chemical-cleaning provisions support process control and low-grade vapour utilisation.
August 24, 2026
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Competitive examination preparation supports career pathways in civil services, public employment, management, defence, research and international higher education.
Career-development and competitive-examination preparation is offered alongside academic programmes for civil services, government and public-sector employment, banking, engineering higher education, management, defence, teaching, research and overseas education. UPSC, SSC-CGL, Bank PO, GATE, CAT, CDS, UGC-NET, GRE, GMAT and IELTS preparation includes courses, workshops, mentorship, expert guidance and examination-specific resources. Access to examinations, admissions and career opportunities remains subject to applicable eligibility, selection and institutional criteria.
August 24, 2026
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Corporate governance professionals gain expanded training infrastructure as Hyderabad's new Chapter Office supports Company Secretaries and students.
Institute of Company Secretaries of India has inaugurated a Chapter Office in Hyderabad to expand infrastructure for professional education, training, examinations, meetings, capacity-building programmes and stakeholder engagement. The facility is intended to support Company Secretaries and students and enable wider professional and educational activities. Company Secretaries are identified as corporate governance professionals, with expanding regulatory requirements and the formalisation and listing of micro, small and medium enterprises creating potential demand for qualified professionals.
August 24, 2026
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Diversified pharmaceutical growth combines branded portfolio expansion, contract manufacturing, merchant exports, and regulatory registrations for international market development.
Curis Lifesciences Limited plans a diversified pharmaceutical strategy spanning domestic branded products, contract manufacturing and international market development. Its majority acquisition of Uninova Lifesciences is intended to strengthen own-brand marketing, distribution and portfolio expansion, including injectable products through third-party manufacturing. International initiatives include merchant exports in Kenya and a Nigerian joint venture pursuing own-brand regulatory registrations alongside contract-manufacturing and export opportunities. Commercial development in Nigeria remains contingent on relevant licences and purchase orders, while projections are subject to regulatory, market and other business factors.
August 24, 2026
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Insolvency framework reform prioritises efficient resolution, value maximisation, stakeholder coordination, institutional strengthening and technology-enabled asset recovery.
Insolvency and Bankruptcy Code, 2016, entered its tenth year amid deliberations on legislative amendments, resolution timelines, stakeholder interests and value maximisation. Key areas included resolution plans and tax implications, liquidation processes, recent judicial developments, stakeholder coordination, and the roles of insolvency professionals, regulators, banking institutions and adjudicatory processes. Technological innovation, including artificial intelligence for asset tracing and recovery, alongside regulatory strengthening, capacity building and stakeholder collaboration, was emphasised for the future development of the insolvency ecosystem.
August 24, 2026
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Bilateral economic and financial cooperation will advance through investment dialogues, business engagement, financial-sector partnerships, and global economic discussions.
Official visits to Canada and the United States are scheduled to strengthen bilateral economic and financial partnerships, deepen investment linkages, and advance cooperation on global economic priorities. Engagements include an Economic and Financial Dialogue, investment and business roundtables, corporate meetings, and discussions on financial-sector cooperation, technology, innovation, critical minerals, resilient supply chains, and a Comprehensive Economic Partnership Agreement. Participation in the G20 Finance Ministers and Central Bank Governors Meeting will address global economic growth, stability, and international financial cooperation.
August 24, 2026
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Interoperable real-time payments enable inclusive retail transactions, bank participation, and cross-border digital payment expansion through UPI.
Unified Payments Interface (UPI) operates as an interoperable, real-time digital payments platform for peer-to-peer and person-to-merchant transactions. Its network includes varied banking institutions acting as remitter and beneficiary payment service providers, with performance monitoring across participants. Person-to-merchant payments drive transaction volume through routine small-ticket retail use, while person-to-person payments represent a larger share of transaction value. UPI also supports cross-border digital payments, with future growth linked to technological advancement, broader adoption, policy support, and financial inclusion.
August 24, 2026
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Service Producer Price Indices track quarterly price movements across financial, transport, telecom and insurance services using sub-service weights.
Service Producer Price Indices based on 2022-23 set out provisional first-quarter estimates for FY 2026-27 and final fourth-quarter estimates for FY 2025-26 across financial, insurance, telecom, railway and air-passenger services. Latest quarterly data show negative year-on-year inflation for securities transaction and banking services, while banking service contribution, pension-fund management, insurance, telecom and railway services record positive inflation. Aggregate weights are not assigned because the covered services do not represent the entire service sector; sub-service weights are used to derive service-level PPIs.
August 24, 2026
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Food safety cooperation supports imported-food quality information exchange and technical collaboration within broader bilateral economic and trade engagement.
India-Morocco economic cooperation is being advanced through discussions on trade diversification, market access, investment, industrial cooperation, customs, agriculture, food safety, energy, digital transformation and logistics. A proposed food safety Memorandum of Understanding would support exchanges on imported-food safety and quality, testing laboratories, analytical methods, import procedures, quality control, sampling, testing, packaging and labelling. Proposed cultural cooperation would promote professional exchanges, heritage conservation and institutional linkages.
August 24, 2026
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Foreign-exchange market conditions pressured the rupee as dollar strength, crude concerns and geopolitical uncertainty shaped narrow USD/INR trading.
Foreign-exchange market conditions led the rupee to close marginally lower against the US dollar after reversing initial gains. The USD/INR pair traded within a narrow range amid a stronger dollar index, weak domestic equity markets, importer demand, crude-oil concerns and geopolitical uncertainty. Market commentary indicated a slight negative bias for the rupee, although possible US-dollar weakness could provide support at lower levels. India's foreign-exchange reserves increased during the referenced reporting week.
August 24, 2026
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Branch expansion for wealth and cross-border banking services targets emerging commercial centres and affluent customer segments across India.
HSBC India's branch expansion is directed at extending wealth, international banking, and corporate banking services to affluent, high-net-worth, ultra-high-net-worth, and non-resident Indian customers in emerging commercial centres. The Nashik opening forms part of a broader branch-expansion programme undertaken after Reserve Bank of India approval to establish additional branches in key cities. The programme is intended to expand delivery of banking and financial services, including support for cross-border wealth management, overseas investment by Indian companies, and foreign investment into India.
August 24, 2026
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Bilateral trade and investment cooperation advances through business engagement in high-technology manufacturing, clean energy, innovation and industrial collaboration.
India's commerce and industry engagement with Japan is structured around a business delegation visit to deepen bilateral trade, investment, technology and industrial collaboration. Sector-focused discussions cover semiconductors, artificial intelligence, start-ups, automotive manufacturing, steel, electronics, industrial and consumer markets. Business roadshows and investor interactions are directed at presenting opportunities in India's manufacturing, clean-energy and consumer sectors, while advancing cooperation in high-technology manufacturing and next-generation industries.
August 24, 2026
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Inter-state heroin trafficking enforcement uncovered concealed narcotics in transport vehicles, triggering arrests, confiscation, and continuing supply-chain investigations.
Operation Black Hawk targeted an alleged inter-state heroin trafficking network moving crude heroin from the North-East region towards Uttar Pradesh. Intelligence-led vehicle tracking and highway interceptions resulted in the seizure of over 18.6 kg of crude heroin and the arrest of three suspected network members under the Narcotic Drugs and Psychotropic Substances Act, 1985. The narcotics were detected in specially fabricated concealed compartments within a passenger vehicle fuel tank and a heavy commercial vehicle body frame. Both vehicles and the contraband were confiscated, while financial and logistical investigations continue into suppliers and distribution channels.
August 24, 2026
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Five-day banking and uniform performance incentives drive proposed bank union action over unresolved pension and employment demands.
Banking labour relations are affected by proposed nationwide industrial action over five-day banking, performance-linked incentives, and pension-related demands. Five-day banking remains pending despite a bipartite arrangement for extended weekday hours. Unions dispute an incentive scheme that differentiates awards by seniority and individual performance, contending that it departs from bank-level performance linkage and uniformity across cadres. They also allege that implementation during pending conciliation breaches a status quo obligation, while pension revision, uniform dearness allowance, and a pension-scheme switch option remain unresolved.

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Corp. Laws / SEBI / IBC

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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