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    Piramal Pharma Limited Announces Results for Q1 FY27
    Advisory on Keeping on Hold the Proposed e-Way Bill Enhancements
    Innovation, Startups, MSMEs and Quality Manufacturing are Pillars of India's Future Growth: Shri Piyush Goyal at 22nd J.R.D. Tata Memorial Lecture
    UP ATS nabs kingpin of fake document racket from West Bengal
    Calcutta HC says voter ID, Aadhaar, PAN not proof of Indian citizenship
    Corporate Mitra Scheme Awareness Webinar organized by IICA Shillong, Ministry of Corporate Affairs witnessing overwhelming participation of youth and ...
    CCI approves amalgamation of Go Digit Infoworks Services, holding company of Go Digit General Insurance Ltd, with Go Digit General Insurance Ltd, such...
    CCI approves acquisition of units of Oaktree capital group Holdings, L.P. (OCGH), and Oaktree Equity Plan, L.P. (OEP) by Brookfield Asset Management L...
    Assam Exports First International Consignment of Purabi Ice Cream to Bhutan
    Building Deep and Resilient Financial Markets for a Viksit Bharat - Keynote Address delivered by Shri Rohit Jain, Deputy Governor at the Financial Ins...
    RBI issues Draft (Securitisation Transactions) Amendment Directions
    Rupee rises 5 paise to 95.77 against US dollar in early trade
    Woman GST officer, consultant caught taking Rs 60,000 bribe in Maharashtra's Jalna
    Zelenskyy has 'good meeting' with Trump at White House as he seeks more cooperation with US
    Creation of separate ministry infused new energy in India's cooperative movement: Amit Shah
    Railways operates first-ever direct freight train from Kolkata Port to Nepal's Biratnagar
    Haryana Cabinet approves housing, EV, MSME and governance reforms
    SC slams CBI, Delhi Police EoW over silence in Indiabulls probe, calls their conduct 'shocking'
    Govt introduces Bill in RS to tackle payment delays faced by MSMEs
    Regional Rural Banks (RRBs) Post Highest-Ever Net Profit of Rs. 10,177 Crore in FY 2025–26, show consistent improvement in other key financial param...
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    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.
    July 30, 2026
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    Innovation-led industrial growth promotes deep-tech investment, startup commercialisation, technology-enabled MSMEs, quality manufacturing and global market expansion.
    Innovation-led industrial growth is linked to deep technology, research and development, skilled manpower, startups, MSMEs and globally competitive manufacturing. Public initiatives include long-term risk capital for emerging technologies, affordable computing capacity and semiconductor investment support. Startups are encouraged to move from prototypes to commercialisation through industry adoption and early domestic investment. Manufacturing and MSME policy emphasise technology adoption, automation, productivity, branding and uncompromising quality. Free Trade Agreements are presented as supporting global market access and export expansion.
    July 29, 2026
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    Fraudulent Aadhaar enrolment allegations involve forged supporting documents, misuse of operator credentials, remote access, and continuing investigation.
    Forgery of Indian identity and supporting documents is alleged in an interstate racket using false birth, domicile and school certificates to obtain Aadhaar cards for foreign nationals. The racket allegedly misused authorised Aadhaar enrolment operator login credentials and used virtual private networks and remote access to enrol applicants. The alleged mastermind was arrested, and investigation, including proposed custodial interrogation, remains ongoing.
    July 29, 2026
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    Citizenship proof requires more than identity, tax, electoral or banking records when nationality remains unestablished.
    Voter identity cards, Aadhaar cards, PAN cards and bank-account records were treated as non-conclusive proof of Indian citizenship. The petitioner and detainee were required to establish citizenship under the Immigration and Foreigners Act, 2025, and an appeal against deletion from electoral rolls did not itself satisfy that burden. The inability to identify the burial locations of the detainee's parents prevented proposed DNA-based verification and supported an adverse inference concerning their citizenship.
    July 29, 2026
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    Corporate Mitra Scheme builds local compliance professionals to strengthen MSME regulatory, financial, taxation, accounting and governance support.
    The Corporate Mitra Scheme develops qualified and accredited para-professionals to provide MSMEs with accessible, affordable compliance and business-support services. Corporate Mitras are intended to assist enterprises with regulatory compliance, finance, taxation, accounting and governance-related requirements, enabling MSMEs to focus on innovation, expansion and growth. IICA Shillong serves as the nodal agency for Northeast regional coordination, stakeholder liaison, promotion and awareness, with regional participation encouraged through reserved course seats and a fee concession.
    July 29, 2026
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    Amalgamation of Go Digit Infoworks with Go Digit General Insurance approved, with the general insurer continuing as surviving entity.
    The Competition Commission of India approved the amalgamation of Go Digit Infoworks Services Private Limited, the holding company of Go Digit General Insurance Limited, with Go Digit General Insurance Limited as the surviving entity. Infoworks has no present market-facing business activities. Go Digit General provides general and health insurance products and services in India, with a specialised focus on general insurance.
    July 29, 2026
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    Competition approval enables Brookfield's indirect acquisition of Oaktree entities, combining alternative investment management businesses.
    Competition approval was granted for Brookfield Asset Management Ltd. to indirectly acquire units in Oaktree Capital Group Holdings, L.P. and Oaktree Equity Plan, L.P., resulting in the acquisition of the Oaktree operating group of entities. Brookfield Asset Management is a global alternative asset manager, while the Oaktree group provides alternative investment management services.
    July 29, 2026
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    Processed dairy exports to Bhutan expand through compliance support, market access facilitation, and planned diversification of longer-shelf-life products.
    Processed dairy exports from Assam to Bhutan commenced with a Purabi Ice Cream consignment exported by North East Dairy and Foods Limited and manufactured through Assam's cooperative dairy network. The Agricultural and Processed Food Products Export Development Authority supported export documentation, regulatory compliance, market access and stakeholder coordination. The initiative seeks to expand value-added dairy exports from the North Eastern Region, with plans to introduce longer-shelf-life products and increase exports according to market demand.
    July 29, 2026
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    Financial-market depth requires reliable liquidity, risk transfer, transparent products and shared institutional responsibility for resilient long-term financing.
    Financial-market depth requires reliable liquidity and price discovery, efficient risk distribution, and diverse, meaningful participation across market conditions. Government and corporate bond markets, money markets, and foreign exchange and derivative markets should channel long-term savings into investment and enable management of interest-rate, currency and credit risks. Product innovation must serve genuine needs and be supported by suitability assessments, transparent disclosure, fair pricing, independent valuation and user risk-management capacity. Regulators, market institutions, issuers, investors and infrastructure providers share responsibility for resilient, transparent and trusted markets.
    July 29, 2026
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    Securitisation Note amendments seek stronger issuance efficiency, liquidity and transparency, with stakeholder consultation invited on proposed directions.
    Draft amendments to securitisation transaction directions seek to improve the efficiency, liquidity and transparency of issuing and subsequently transferring Securitisation Notes. The proposals apply to commercial banks, small finance banks, non-banking financial companies and all India financial institutions. Public and stakeholder comments are invited through the designated regulatory consultation platform or alternatively by post or email.
    July 29, 2026
    Show AI Summary
    Rupee appreciation reflected weaker dollar conditions, equity inflows, crude oil movements and positive domestic market sentiment.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar. A weaker US dollar, lower crude oil prices relative to earlier levels, positive domestic equity sentiment, and foreign institutional investors' net purchase of Indian equities were identified as key influences. The dollar index weakened ahead of a monetary policy announcement, while crude prices rose amid renewed geopolitical tensions. Domestic benchmark equity indices also advanced in early trade.
    July 29, 2026
    Show AI Summary
    Input Tax Credit unblocking allegedly involved illegal gratification, prompting a trap operation and apprehension of the officer and consultant.
    Alleged bribery connected with unblocking Input Tax Credit arose after an electronics trader received a show-cause notice and had its ITC blocked. A private tax consultant allegedly conveyed that a State GST officer demanded illegal gratification for unblocking the credit and encouraged the trader to settle the demand. Following a complaint, a trap operation allegedly led to the apprehension of the officer and consultant, with further legal action in progress.
    July 29, 2026
    Show AI Summary
    Defence production licensing and Russian energy sanctions shaped discussions on Ukraine's security capacity, missile supply and diplomatic engagement.
    Ukraine-US discussions addressed licences for domestic Patriot defence-system production, wider defence-production cooperation, technology exchange and missile supply funded through European resources. Ukraine also sought support for a sanctions bill designed to increase economic pressure on Russia by imposing tariffs on goods from major purchasers of Russian oil and gas and by sanctioning Russian leaders, financial institutions and energy projects. The proposed defence-production licence was identified as a longer-term measure, alongside calls for renewed diplomatic engagement.
    July 29, 2026
    Show AI Summary
    Cooperative-sector modernisation strengthens rural finance through expanded credit societies, online audits, institutional connectivity and technology-enabled cooperative banking.
    Cooperative-sector modernisation is presented as a mechanism for strengthening rural institutions, farmer prosperity and the rural economy. The separate Ministry of Cooperation provides an administrative, legal and policy framework for the cooperative movement. Key initiatives include establishing new primary agricultural credit societies and dairy cooperative societies, expanding business activities for primary agricultural credit societies, online auditing, and connecting cooperative institutions. District cooperative banks are described as important institutions for meeting the financial requirements of expanding service and dairy cooperative societies.
    July 28, 2026
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    Direct containerised rail freight movement enables seamless Kolkata Port-to-Biratnagar cargo transport without border transshipment under revised transit arrangements.
    Direct containerised rail freight movement between Kolkata Port and Biratnagar Customs Yard has commenced under the revised India-Nepal Rail Transit Protocol. The service enables end-to-end commercial rail carriage without border transshipment through the Jogbani-Biratnagar broad-gauge connection. Implementation of the revised Letter of Exchange operationalises direct commercial rail access, intended to reduce transit time, logistics costs and cargo handling while improving supply-chain efficiency, reliability and cross-border trade.
    July 28, 2026
    Show AI Summary
    State governance reforms expand housing relief, local audits, MSME support, property records, welfare measures and clean-vehicle tax incentives.
    The reforms provide concessional stamp duty and registration charges for eligible Economically Weaker Section housing beneficiaries, a statutory local-audit framework, and incentives for MSMEs and exports. They also establish rules for ownership records in Lal Dora areas and introduce a formula-based urban property-tax assessment framework with exemptions. Welfare measures cover compensation for specified unnatural custodial deaths, ex-Agniveer reservation, and compassionate appointments. Motor-vehicle tax measures provide a rebate for qualifying vehicles registered in women's names and exemptions for new electric vehicles.
    July 28, 2026
    Show AI Summary
    Investigation into alleged fund diversion faced scrutiny as agencies were required to disclose progress and decide on regular cases.
    Investigation into alleged dubious transactions and fund diversion involving Indiabulls Housing Finance Limited remained under scrutiny because investigating agencies did not provide an updated status or take a final decision on registration of regular cases. The Central Bureau of Investigation and Delhi Police Economic Offences Wing were required to file a comprehensive affidavit and status report. The allegations concern loans allegedly routed through corporate entities to promoter-linked companies, alongside inquiries involving financial, corporate-fraud and market-regulatory agencies.
    July 28, 2026
    Show AI Summary
    MSME payment-delay reforms propose faster dispute resolution, enforceable settlement recovery, and invoice discounting to strengthen supplier liquidity.
    The proposed amendment strengthens delayed-payment dispute resolution for micro and small enterprise suppliers through prescribed adjudication timelines and possible interim payment of at least half the awarded amount where a setting-aside application remains pending beyond six months. Mediated settlements and arbitral awards may be recovered as arrears of land revenue and are proposed to be legally enforceable debts under the insolvency framework. Central public sector enterprises would be required to route MSME invoice settlements through the Trade Receivables Discounting System.
    July 28, 2026
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    Regional rural bank oversight strengthens financial performance, technology adoption, diversified lending and financial inclusion in remote communities.
    Regional Rural Banks are regularly reviewed for financial performance, technology upgradation, MSME lending, loan diversification and financial inclusion in rural and remote areas. Their financial health improved over recent years, with growth in deposits, loans, credit-deposit ratio, net worth and capital adequacy, alongside improved asset-quality indicators. Financial-inclusion targets for bank-account access, micro-credit, insurance and pension schemes are set and periodically monitored to extend formal financial services.

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      As world convulses in war, contentiousness, its leaders convene at UN to figure it out

      September 22, 2025

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      United Nations, Sep 22 (AP) World leaders begin convening Monday at one of the most volatile moments in the United Nations' 80-year history, and the challenges they face are as dire as ever if not more so: unyielding wars in Gaza and Ukraine, escalating changes in the US approach to the world, hungry people everywhere and technologies that are advancing faster than the understanding of how to manage them.

      The United Nations itself, which emerged from World War II's rubble on the premise that nations would work together to tackle political, social and financial issues, is in crisis itself.

      As Secretary-General Antonio Guterres said last week: "International cooperation is straining under pressures unseen in our lifetimes.” Yet the annual high-level gathering at the UN General Assembly will bring presidents, prime ministers and monarchs from about 150 of the 193 UN member nations to UN headquarters.

      The secretary-general says it is an opportunity that can't be missed — even in the most challenging of moments.

      “We are gathering in turbulent — even uncharted — waters,” Guterres said. He pointed to, among other spectres, "our planet overheating, new technologies racing ahead without guardrails, inequalities widening by the hour.” They gather for a better world, but can they build it? Guterres said he will use the more than 150 one-on-one meetings he has with leaders and ministers to urge that they speak to each other, bridge divides, reduce risks and find solutions — to conflicts, to keep the planet from increased warming, to put guardrails on fast-expanding artificial intelligence, and to find funding for lagging UN goals for 2030 including ending poverty in all countries and ensuring quality education for every child.

      He said leaders must make progress, not merely engage in “posturing and promises".

      But UN watchers say that in a deeply polarised world, with no prospects of ceasefires in Gaza, Ukraine and Sudan, whether the high-level meeting makes any progress remains a big question mark.

      Richard Gowan, UN director for the International Crisis Group, said he is confident three topics will dominate high-level week – US President Donald Trump's first appearance in his second term, the horrific situation in Gaza, and what's next for the United Nations as it grapples with major funding and staff cuts, mainly due to the cutoff in US payments to its regular and peacekeeping budgets.

      Gowan said he expects the nearly two-year war in Gaza to be the central issue, as Israel launches a major offensive in Gaza City forcing thousands to flee and following a report by independent experts commissioned by the UN Human Rights Council that accused Israel of committing genocide in Gaza. Israel rejected the allegation, calling the report “distorted and false”.

      Riyad Mansour, the Palestinian ambassador to the United Nations, has stressed that “Palestine is going to be the huge elephant in this session of the General Assembly”.

      It will be front and centre on Monday at a high-level meeting co-chaired by France and Saudi Arabia on implementing a two-state solution to the nearly eight-decade Israeli-Palestinian conflict.

      And the spotlight will be even brighter because the Trump administration refused to give a US visa to Palestinian President Mahmoud Abbas to speak at that meeting and the General Assembly.

      On Friday, the General Assembly overwhelmingly adopted a resolution enabling Abbas to speak by video — as it did in 2022 for Ukrainian President Volodymyr Zelenskyy following Russia's invasion. This year Zelenskyy will be attending in person, and the Security Council is expected to meet on Ukraine on Tuesday.

      The assembly voted overwhelmingly earlier this month to support a two-state solution and urge Israel to commit to a Palestinian state. Hours before that vote, Israeli Prime Minister Benjamin Netanyahu said that “there will be no Palestinian state”.

      More than 145 countries already recognise Palestine as a state, and Mansour told The Associated Press on Sunday that “it's going to be 10 more” announcing their recognition at Monday afternoon's meeting. High-level week is also expected to see a Security Council meeting on Gaza, possibly Tuesday afternoon.

      Lots of thorny issues are on the docket The high-level meeting starts Tuesday morning in the vast General Assembly chamber. Trump will speak that day shortly after Guterres' opening “state of the world” speech.

      Gowan said there is “hope” that Trump will come in a positive mood, touting the international accomplishments that the president says merit the Nobel Peace Prize. Also on the docket: Trump's financial approach to the larger world.

      “Obviously, most leaders are going to be focusing on what he has to say about tariffs,” Gowan said, but also about Russia and China.

      Other speakers to watch are interim Syrian President Ahmad al-Sharaa, making his debut on the international stage following the ouster of former strongman Bashar Assad in December, and Iranian President Masoud Pezeshkian.

      The Iranian leader will be in New York days after the Security Council decided not to permanently lift UN sanctions on his country over its escalating nuclear programme, but it gave Tehran and key European powers France, Germany and the United Kingdom until midnight Sept 27 to agree to a delay. That's when the sanctions will automatically “snapback” unless a deal is reached.

      High-level week will also see numerous meetings on tackling climate change; on the more than two-year war in Sudan started by rival military and paramilitary generals that has sparked the world's worst displacement crisis; on Somalia, which is home to the extremist group Al-Shabab; and on Haiti, where gangs control over 90% of the capital and have expanded into the countryside.

      An event on Monday will commemorate the 30th anniversary of the Beijing women's conference, which adopted a platform to achieve gender equality. The United Nations says that goal is growing more distant and Guterres has said it is 300 years away on the current track.

      One of Guterres' major aims this year: to generate support for his plans to reform the United Nations and make it more responsive to the world as it is in 2025.

      Because of funding cuts by the US and others, the UN announced last week that its regular operating budget for 2026 needs to be cut by 15% to $3,2 billion along with a 19% cut in that budget's staff positions. — 2,681 posts.

      Gowan said he doesn't see the United States or other countries running away from the United Nations. But he stressed that it is going through “an extraordinarily difficult period” and will have to shrink and change.

      “The UN's resonance on peace and security issues is unquestionably not what it was," he said, “but I think that the organisation will continue to muddle through.” (AP) SCY SCY

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