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    Punjab govt committed to paying all valid dues; legal options being examined: FM Cheema
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    August 4, 2026
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    Dearness allowance arrears must be cleared promptly, while the government examines legal remedies and continues its structured liquidation plan.
    Pending dearness allowance arrears of government employees and pensioners are to be cleared within a fortnight, with restraint on unproductive expenditure until admissible dues are paid. The government states that it will pay constitutionally and legally valid dues while examining the judgment, precedents and possible legal remedies. It attributes the arrears to delayed pay commission implementation and frozen dearness allowance, and states that a structured liquidation plan has been prepared and partly implemented.
    August 4, 2026
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    Money-laundering investigation examines alleged fraudulent industrial plot allotments, benami holdings and diversion of plots to residential use.
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    August 4, 2026
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    Rupee exchange-rate movement gains support from capital inflows, while oil prices, dollar strength and monetary policy shape sentiment.
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    August 4, 2026
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    Interim bilateral trade agreement negotiations continue as both sides work to finalise unresolved issues in the proposed arrangement.
    Interim bilateral trade agreement negotiations between India and the United States are continuing. Both sides have undertaken substantial work, while certain issues remain to be finalised before completion of the proposed interim trade arrangement. A United States Trade Representative delegation visited India to advance discussions. The text records the status of negotiations and identifies no concluded agreement or operative customs measure.
    August 4, 2026
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    Fuel-price volatility mitigation will combine fiscal measures, consumer protection, energy security and fiscal sustainability during external energy shocks.
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    August 4, 2026
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    August 4, 2026
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    Responsible precious-metals recycling supports recycled-gold products, organised buyback channels and a more self-reliant domestic supply chain.
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    Broad-based growth strategy links tax reforms, trade resilience, industrial support and services development to medium-term economic expansion.
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    Co-operative bank governance and financial disclosure support digital transformation, risk management, priority-sector lending and sustainable member-focused growth.
    Co-operative bank governance and financial disclosure were addressed at the annual general meeting, where the member-notice agenda was transacted and audited financial statements were presented. The bank reported growth in business, deposits and advances, together with net profit, asset quality, provisioning coverage and capital adequacy indicators. Its operational priorities include digital transformation, risk management, selective network expansion, customer service and operational discipline. Future priorities include retail and priority-sector lending, MSMEs, affordable housing and institutional deposits.
    August 4, 2026
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    Foreign-exchange market conditions weakened the rupee as oil prices, domestic equities and dollar strength shaped near-term currency expectations.
    The rupee weakened against the US dollar amid elevated crude oil prices, weaker domestic equities and a stronger dollar index, while foreign fund inflows moderated the decline. Attention shifted to the central bank's monetary policy meeting, with continuation of the existing benchmark policy rate anticipated. Earlier measures encouraging overseas dollar deposits and facilitating foreign participation in government bonds were reported to support capital inflows and India's external position.
    August 4, 2026
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    MSME credit expansion combines SIDBI lending initiatives with guaranteed additional working-capital facilities for eligible borrowers.
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    Digital business law and entrepreneurship education combine management, compliance and innovation training for technology-driven enterprise careers and ventures.
    The MBA programme integrates management education, entrepreneurial capability, digital business law, and legal and policy awareness for technology-driven enterprise. It addresses compliance, digital platforms, data-driven decision-making, artificial intelligence, digital transactions, intellectual property, cross-border commerce and evolving regulatory frameworks. The programme is designed for prospective founders, start-up professionals, transforming family businesses and careers in consulting, strategy, business development, policy-oriented enterprises and digital commerce, with industry-relevant entrepreneurship education and digital-first learning.
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    Savings account access expands through video KYC, mobile banking, no-minimum-balance options, monthly interest payments and deposit insurance coverage.
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    Foreign-exchange market conditions supported a modest early rupee gain, while importer demand and policy data remained key factors.
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    August 4, 2026
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    Quality statistics drive statistical-system reform through administrative data, interoperable systems, stronger governance, and international cooperation for evidence-based policymaking.
    Quality statistics are advanced through modernised national statistical systems, administrative data, digital public infrastructure, and stronger data-governance and privacy standards. Cooperation among national statistical offices is intended to address data gaps through knowledge sharing, methodological harmonisation and statistical innovation. Discussions also emphasised digital dissemination, transformational statistical reforms, and the use of administrative data for timely, cost-effective and granular official statistics, supported by harmonised metadata, interoperable systems and institutional collaboration.
    August 4, 2026
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    Digital statistical modernisation strengthens survey quality, macroeconomic indicators, international standards alignment and infrastructure performance monitoring through standardised data systems.
    National statistical modernisation uses digital survey platforms with validation checks, AI-enabled support and multilingual interfaces, alongside short-duration surveys and administrative data to improve sampling and timely official statistics. Reforms include base revisions for Gross Domestic Product, Consumer Price Index and Index of Industrial Production; adoption of metadata, quality-assessment and classification standards; and alignment with international statistical principles and methodologies. Sustainable development indicators and infrastructure monitoring are supported through a national indicator framework, PAIMANA and a standardised performance dashboard.
    August 3, 2026
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    Windfall gains tax on petroleum exports increases to discourage exports and preserve domestic fuel availability during regional supply disruptions.
    Special additional excise duty on exports of petrol, diesel and aviation turbine fuel has been increased for the relevant fortnightly period, while existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall gains tax is intended to preserve domestic availability of petroleum products during the West Asia crisis and prevent exporters from benefiting unduly from price differences linked to elevated global crude oil prices.

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      O.P. JINDAL GLOBAL UNIVERSITY AWARDED 5-STARS IN GLOBAL QS STARS RATINGS 2025 AT HOUSE OF LORDS, LONDON

      September 25, 2025

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      London, 25 September 2025: At the exclusive India–UK Roundtable on “The Innovation Corridor: UK–India Higher Education” held at the House of Lords, Palace of Westminster, on 24 September 2025, O.P. Jindal Global University JGU) was conferred the prestigious Global QS 5 Stars Rating Certificate. The certificate was presented to Professor (Dr.) C. Raj Kumar, Vice Chancellor, JGU by Ms. Jessica Turner, CEO of QS, in the distinguished presence of The Lord Patel of Bradford OBE, and Dr. Ashwin Fernandes, Regional Director, QS, Dr. Pankaj Mittal, Secretary General, Association of Indian Universities, and Professor Padmanabha Ramanujam, Dean, Academic Governance, JGU among other distinguished dignitaries including more than 25 Vice Chancellors and Presidents of leading UK and Indian universities.

      The QS Stars system evaluates universities on over 50 indicators, and JGU’s outstanding performance was recognised for teaching, online learning, employability, arts & culture, sustainability, and governance, research and law and legal studies. This recognition reaffirms JGU’s global standing as a comprehensive, world-class institution of higher education committed to innovation, quality, and international collaboration. Receiving this accolade at such a historic venue symbolises not just JGU’s achievements, but also its pivotal role in strengthening India–UK academic ties and shaping the future of higher education worldwide.

      O.P. Jindal Global University (JGU) has been awarded 5-Star Excellent Ratings (overall) in the Global QS Stars Ratings 2025 – a prestigious global system that evaluates universities across multiple dimensions of teaching, research, employability, governance, sustainability and more. JGU has been recognised with an overall 5-Star Excellent Rating, affirming its position as one of the world’s leading universities.

      QS Stars uses a comprehensive framework to rate and showcase university performance across a range of criteria, offering a multidimensional perspective of excellence in higher education.

      In addition to this overall distinction, the QS evaluation recognised JGU with: • 5 Stars: Teaching, Online Learning, Employability, Environmental Impact, Arts & Culture, Good Governance, Global Engagement • 4 Stars: Law & Legal Studies, Research Welcoming this global honour, Mr. Naveen Jindal, Chancellor & Benefactor of JGU, said: “This proud recognition reflects our vision of building a world-class institution in India. It reaffirms JGU’s commitment to excellence, innovation, and global engagement—values that are deeply aligned with the aspirations of our nation.” Professor (Dr.) C. Raj Kumar, Founding Vice Chancellor of JGU, added: “This achievement underscores the breadth of our strengths and the holistic nature of our academic ecosystem. This recognition is not the product of one effort but the lived ethos of our community. Over 16 years, we have grown from an aspiration into an Institution of Eminence—defined by academic excellence, vibrant culture, sustainability, innovation, and global engagement. It is a testament to the visionary leadership and generosity of our Chancellor and Benefactor, Mr. Naveen Jindal, whose commitment and philanthropy laid the foundation for JGU’s journey. It belongs equally to our faculty members who inspire and mentor, our administrative staff who ensure operational excellence, our students who embrace challenges with resilience and creativity, and our alumni who carry forward JGU’s values into the world.” Commenting on this distinction achieved by JGU, Dr. Ashwin Fernandes, Executive Director, QS observed, “JGU’s 5-Star Excellent Rating is a clear recognition of its holistic strengths across teaching, research, employability, sustainability, governance, and global engagement. Very few institutions in the world achieve this distinction, and JGU’s accomplishment reflects both its academic vision and its commitment to global benchmarks. It is also a signal of India’s growing presence on the global higher education map, with universities like JGU leading the way." Professor Padmanabha Ramanujam, Dean of Academic Governance, JGU, remarked: “The QS Stars recognition is a validation of our commitment to institutional integrity, accountability, and global benchmarks. It reflects JGU’s resolve to consistently strengthen its governance systems and uphold the highest standards in higher education.” Key Highlights of the QS Stars Evaluation Teaching (5 Stars): From a small founding faculty to over 1,100 professors, scholars, and practitioners, JGU’s growth in human capital reflects its unwavering commitment to academic quality. This year alone, 129 new world-class faculty members joined JGU, representing what experts call “a historic leap in Indian higher education.” High student satisfaction, personalised mentoring, and impressive retention rates reflect the university’s culture of nurturing talent and fostering intellectual growth.

      Online Learning (5 Stars): Through JGU Online, learners access world-class degree programmes and certifications with the same academic rigour as on-campus offerings. Features such as live and recorded lectures, COIL-based global collaborations, inclusive design, career support, and 24/7 student services have set new benchmarks in digital learning excellence.

      Employability (5 Stars): JGU graduates are recognised worldwide for their impact, leadership, and practical skills. This rating validates JGU’s focus on preparing students not just for their first job, but for sustained success and leadership across their careers.

      Environmental Impact (5 Stars): Sustainability is embedded in JGU’s operations through responsible funding, procurement, and climate-conscious practices. The Office of Sustainability tracks and reduces emissions, minimises waste, and advances community engagement, while the Jindal School of Environment & Sustainability (JSES) drives research and innovation aligned with the UN Sustainable Development Goals.

      Arts & Culture (5 Stars): JGU fosters a thriving ecosystem where creativity and learning coexist. Initiatives like India’s first Constitution Museum and the Rights and Freedoms Academy deepen cultural awareness, civic learning, and global citizenship.

      Good Governance (5 Stars): The rating acknowledges JGU’s transparent, accountable, and inclusive governance practices that ensure excellence across both academic and administrative spheres.

      Global Engagement (5 Stars): With 575+ collaborations across 80+ countries, JGU has created one of the world’s most globalised academic ecosystems. Dual degrees, exchanges, and research partnerships make international education accessible, structured, and impactful.

      Law and Legal Studies (4 Stars): Jindal Global Law School (JGLS) has been ranked India’s No. 1 law school for six consecutive years in the QS World University Subject Rankings. With global collaborations, innovative curricula, and experiential learning, JGLS continues to strengthen India’s legal education landscape.

      Research (4 Stars): JGU has established dynamic research centres and think tanks addressing global challenges through interdisciplinary approaches. By balancing teaching and research, faculty remain at the forefront of knowledge creation while enriching student learning.

      and showcase university performance across a range of criteria.

      In addition to this overall recognition, the QS evaluation recognised JGU with: • 5 Stars: Teaching, Online Learning, Employability, Environmental Impact, Arts & Culture, Good Governance, Global Engagement • 4 Stars: Law & Legal Studies, Research Welcoming the distinction, Professor (Dr.). C. Raj Kumar, the founding Vice Chancellor of JGU said, “ This achievement underscores the breadth of our strengths and the holistic nature of our academic ecosystem. This recognition is not the product of one effort but the lived ethos of our community. Over 15 years, we have grown from an aspiration into an Institution of Eminence—defined by academic excellence, vibrant culture, sustainability, innovation, and global engagement. It is a testament to the visionary leadership and generosity of our Chancellor and Benefactor, Mr. Naveen Jindal, whose commitment and philanthropy laid the foundation for JGU’s journey. It belongs equally to our faculty members who inspire and mentor, our administrative staff who ensure operational excellence, our students who embrace challenges with resilience and creativity, and our alumni who carry forward JGU’s values into the world.” QS Stars is a comprehensive global rating system that evaluates universities on more than 50 indicators across at least nine categories. Unlike rankings, it offers a multidimensional perspective, highlighting institutional excellence across diverse aspects of higher education.

      • Teaching (5 Stars): From a small founding faculty to over 1,100 professors, scholars, and practitioners, our growth in human capital reflects our unwavering commitment to academic quality. This year alone, we welcomed 129 new world-class faculty members, representing what experts call "a historic leap in Indian higher education." Our classrooms have become spaces where knowledge transforms into wisdom, with high student satisfaction rates and impressive retention numbers that speak to the personal attention each student receives. Our faculty's dedication to mentoring goes beyond the traditional teaching approach, and includes guiding, inspiring, and preparing students for global careers.

      • Online Learning (5 Stars): JGU’s digital learning ecosystem has set a new benchmark in higher education. Through JGU Online, learners can access world-class degree programmes and specialised certifications with the same academic rigour as our on-campus offerings. Features such as live and recorded lectures, COIL-based international collaborations, inclusive design, career support, and 24/7 student services ensure an enriching and accessible experience. This recognition reaffirms our commitment to innovation, flexibility, and excellence in global online education.

      • Employability (5 Stars): Our graduates don't just find jobs, they create impact. Employers worldwide recognise the quality of JGU alumni, who bring both theoretical knowledge and practical skills to their roles. This 5-star recognition validates our focus on preparing students not just for their first job, but for leadership roles throughout their careers.

      • Environmental Impact (5 Stars): At JGU, sustainability is not just a guiding principle but an operational practice. With policies on sustainable funding, procurement, and investment, along with a climate action plan, we have embedded sustainability across all facets of our institution. Through the Office of Sustainability, we track and reduce our scope-1, 2, and 3 greenhouse gas emissions, minimise food waste, and improve air quality. Our dedicated Jindal School of Environment & Sustainability (JSES) drives innovation, practice-based learning, impactful research and community engagement. This recognition highlights JGU’s commitment to creating a greener future and contributing to the Sustainable Development Goals.

      • Arts & Culture (5 Stars): Our commitment to arts and culture extends beyond curriculum. We have fostered an environment where creativity and academic rigour coexist, producing graduates who are not just technically competent but culturally aware global citizens. Additionally, India’s first Constitution Museum and the Rights and Freedoms Academy established on JGU campus further deepens cultural learning, civic awareness, and an appreciation for arts among the community.

      • Good Governance (5 Stars): Transparency, accountability, and inclusive leadership practices have been hallmarks of our institutional culture. This recognition acknowledges our commitment to the highest standards of academic and administrative governance.

      • Global Engagement (5 Stars): Perhaps nothing exemplifies our international outlook more than our extensive partnership network. With 575+ collaborations with international universities and higher education institutions across 80+ countries, we have built a truly global academic ecosystem. Through dual degree programmes, semester exchanges, and research collaborations, we expand horizons for our students and faculty in ways that are structured, affordable, and impactful. Our continuous collaborations with international universities demonstrate our commitment to ensuring that "international education is no longer an aspiration for a few, but an accessible pathway for many".

      • Law and Legal Studies (4 Stars): Jindal Global Law School (JGLS) has established itself as a leader in legal education. For six consecutive years, it has been recognised as India’s No. 1 law school in the QS World University Subject Rankings. JGLS combines rigorous academic training with practical exposure, supported by national accreditation and a strong global outlook. Our innovative curricula, specialised centres, and international collaborations equip students to navigate complex legal systems, reinforcing JGU’s stature as India’s premier destination for law and legal studies.

      Research (4 Stars): Our research initiatives are crucial for advancing knowledge, fostering innovation, and informing public policy. Through our think tanks and research centres, we have created platforms for interdisciplinary research that addresses complex global challenges. We recognise the importance of balancing teaching responsibilities with faculty research, ensuring our professors remain at the forefront of their fields while delivering exceptional education.

      (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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