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    Jharkhand signs pact with CSC eStore to make SHG products made by women available online
    APEDA Facilitates First-Ever Air Shipment of Karnataka's Neelam and Totapuri Mangoes to the Maldives
    Favara-UPI Cross-Border Payment Corridor Goes Live Between Maldives and India
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    Rupee rises 20 paise to 95.30 against US dollar in early trade
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    US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high
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    Kotak Securities Earns Great Place to Work® Certification and Recognition Among India's Best Workplaces™ in Investments 2026
    India rises from 82nd to 57th in global rankings, in structural and pro-competitive reforms: Report by Competere Foundation
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    July 31, 2026
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    Digital marketplace access for women's self-help group products expands e-commerce opportunities while panchayat-level citizen services are strengthened.
    Digital marketplace access for women's self-help group products is proposed through a memorandum of understanding between CSC eStore and the Jharkhand State Livelihood Promotion Society. Products marketed under the 'Palash' and 'Adiva' brands are intended to be offered through an e-commerce network to widen market access, support rural women's income and entrepreneurship, and strengthen the rural economy. Digital panchayat services are also being expanded through Common Service Centres, including banking, e-governance and Aadhaar-related services.
    July 31, 2026
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    Agricultural export facilitation expands market access for late-season mangoes through farmer aggregation and direct global market linkages.
    Agricultural export facilitation enabled an air shipment of late-season Neelam and Totapuri mangoes to an international market, expanding market access and extending the mango export season. Direct sourcing through a Farmer Producer Company supported organised aggregation, quality produce, and export-oriented supply chains. Direct procurement and export market linkages enabled participating farmers to realise higher returns than conventional market channels while promoting horticultural export diversification.
    July 31, 2026
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    Cross-border digital payment integration enables real-time Favara transfers from Maldives mobile banking applications to UPI-enabled accounts in India.
    Cross-border digital payment integration between Favara and UPI enables individuals in the Maldives to make real-time person-to-person transfers to UPI-enabled bank accounts in India through mobile banking applications. Transfers are initiated in Maldivian Rufiyaa and credited in Indian Rupees. The initial service is available through participating Maldivian banks. Permitted remittances include family-maintenance transfers under foreign inward and outward remittance categories, and gift-related transfers under foreign outward remittance. Future phases are intended to introduce QR-based merchant payments and other digital payment services.
    July 31, 2026
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    Procedural Fair Hearing in competition inquiries requires notice when the Commission departs from investigative findings before imposing action.
    Competition law procedure requires the Competition Commission to notify and hear an opposite party when departing from the Director General's findings. The penalty order concerning alleged abuse of dominance in viscose staple fibre supply was set aside because Grasim Industries was not given an opportunity to respond to the Commission's disagreement with the investigative findings. The matter was remanded for fresh, time-bound consideration without a finding on the merits.
    July 31, 2026
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    Manufacturing contraction highlights weak domestic demand, property-sector pressure and continued reliance on technology-related exports for economic growth.
    Manufacturing activity in China contracted in July, as the official purchasing managers' index fell below the expansion threshold and new orders and production declined. Weak domestic demand, lower building activity and possible typhoon-related disruptions contributed to the slowdown. Consumer spending, investment and property-sector weakness continue to affect confidence, while technology-related exports support growth. Policy commitments include strengthening domestic consumption amid continued reliance on exports.
    July 31, 2026
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    Public-private partnership airport development strengthens aviation, cargo logistics, export infrastructure and sustainable connectivity through an integrated international airport project.
    The Bhogapuram airport project is being implemented under a Public-Private Partnership through the Design, Build, Finance, Operate and Transfer framework. It has obtained required aerodrome, safety, fire and environmental clearances and includes infrastructure for domestic and international aviation, passenger processing and airport security. Cargo and cold-chain facilities are intended to support exports and logistics integration, while recycled-water use and LEED Platinum standards form part of the project's sustainability features.
    July 31, 2026
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    Rupee appreciation against the US dollar continued as foreign inflows and lower crude prices supported domestic currency markets.
    Rupee appreciation against the US dollar continued in early trading, supported by foreign capital inflows and lower global crude oil prices. A stronger US dollar constrained further appreciation, while expectations of continued Reserve Bank of India intervention were cited as supporting the rupee. Declining Brent crude prices, gains in domestic equity indices and net foreign institutional investment in equities were also identified as relevant market factors.
    July 31, 2026
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    Value-added Makhana exports expand international market access, support quality compliance, and improve farmer returns through processing and branding.
    Agricultural export facilitation supported the first sea shipment of value-added flavoured Makhana from Bihar to Canada. Processed and packaged to international quality and food-safety standards, the export demonstrates the role of processing, value addition and export-oriented manufacturing in expanding overseas market access. The initiative is stated to improve farmer returns through value addition, while capacity building, export infrastructure, quality compliance, market linkages and stakeholder collaboration support the agri-export ecosystem.
    July 30, 2026
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    Market access for Indian pharmaceuticals remains central to bilateral efforts to promote sustainable trade and economic cooperation.
    Enhanced market access for Indian products, particularly pharmaceuticals, was raised in discussions aimed at strengthening bilateral trade and economic ties. The discussions addressed sustainable trade, and the sides agreed to increase mutual cooperation and communication. India continues to seek greater access to China's information technology, pharmaceutical and agricultural sectors, while pursuing increased pharmaceutical exports and Chinese investment. Bilateral trade increased, but India's trade deficit widened, reflecting an ongoing imbalance in trade flows.
    July 30, 2026
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    Money laundering asset attachment targets overseas bank deposits linked to alleged loan fraud and fugitive economic offenders.
    Provisional attachment under the Prevention of Money Laundering Act was reported against Singapore bank deposits held by a company promoter and associated entities in an alleged loan-fraud and money-laundering investigation. The underlying case arises from allegations of fraud, criminal misappropriation, criminal breach of trust and cheating affecting a consortium of lending banks. Service of the attachment order was reported through mutual legal-assistance arrangements, and the promoters had reportedly been declared fugitive economic offenders.
    July 30, 2026
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    Deposit interest rate uniformity requires equal rates for similar deposits, while allowing risk-based differentiation for bulk deposits.
    Banks must apply uniform deposit interest rates across branches and customers for similar deposit amounts accepted on the same date, without discrimination. Rates payable, including for bulk deposits, must strictly follow schedules disclosed in advance on bank websites. Bulk deposit rates must be published each business day at 10:00 am, subject to a short permitted delay. Differentiated bulk-deposit rates may be offered based on applicable differential run-off rates under the Liquidity Coverage Ratio framework.
    July 30, 2026
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    Supply-chain continuity and energy security measures were reviewed in response to geopolitical conflicts disrupting maritime transit routes and imports. Measures included diversification of LPG procurement, maintenance of petroleum stocks, expansion of PNG, gas-grid, LNG and city-gas infrastructure, and pipeline connectivity approvals. Fertiliser requirements and alternative procurement sources were considered to ensure uninterrupted supply. A unified monitoring mechanism and support arrangements for seafarers, including timely information, emergency assistance and counselling, were directed to protect citizens, economic interests and the Indian diaspora.
    July 30, 2026
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    Property digital identity framework proposed through comprehensive surveys, floor-level records, and unique cards to improve ownership verification.
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    Supply-chain resilience amid maritime conflict drives measures to protect energy imports, fertiliser supplies, seafarers and overseas citizens.
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    July 30, 2026
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    United States economic growth slowed in the second quarter as increased imports reduced gross domestic product growth, despite stronger consumer spending and business investment linked to artificial intelligence. The preferred inflation measure moderated but remained above the central bank's target, with core consumer prices showing limited change. The benchmark interest rate was retained for a fifth consecutive meeting, though some regional presidents supported an increase to address elevated inflation. Employment growth and consumer spending continued to support economic resilience amid high living costs and energy-price pressures.
    July 30, 2026
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    Gold market volatility reflects retail buying, global price trends, currency movements, and weaker domestic demand linked to higher customs duty.
    Gold prices rose on fresh buying by jewellers and retailers amid firm international trends, while silver prices declined. Improved domestic demand and a pullback in the US dollar supported gold, though a stronger rupee limited further gains. India's gold demand declined year-on-year during April-June, attributed to seasonally subdued sales, higher customs duty and an appeal to reduce purchases. Global gold demand remained broadly unchanged, while precious metals were expected to remain volatile and range-bound.
    July 30, 2026
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    Protection and indemnity insurance expands domestic maritime risk coverage for third-party liabilities and strengthens self-reliant insurance capacity.
    Bharat Maritime Insurance Pool has introduced a sovereign-backed Protection & Indemnity insurance product to cover third-party maritime liabilities, including crew and cargo claims, pollution liability and wreck removal. The product expands the pool beyond cargo and hull war-risk coverage and is supported by combined indemnity capacity and a port-correspondent network. The pool is intended to maintain uninterrupted maritime war-risk insurance, build domestic underwriting capacity, strengthen maritime risk management, reduce foreign-market dependence and promote self-reliance in specialised insurance solutions.
    July 30, 2026
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    Cloud-native digital banking transformation integrates lending, cash management and liquidity tools while supporting scalable, resilient and compliant operations.
    Digital banking transformation through a cloud-native software-as-a-service platform entails migration from legacy systems to integrated deposits, lending, virtual account management and liquidity-management capabilities. Real-time data, artificial intelligence foundations, open APIs and event-driven architecture are intended to support digital banking products, corporate cash management and operational agility. Liquidity tools are designed to provide visibility and control over cash positions and working capital. The implementation is intended to deliver scalability, resilience, security and high availability while assisting regulatory compliance; projected benefits remain subject to risks and uncertainties.
    July 30, 2026
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    Workplace culture recognition highlights continued investment in employee wellbeing, inclusion, learning, collaboration and growth at a stockbroking firm.
    Workplace culture recognition was awarded to Kotak Securities through Great Place to Work Certification for a second consecutive year and inclusion among India's Best Workplaces in Investments 2026. The recognition followed assessment of employee feedback, workplace practices and organisational culture, reflecting employee trust, engagement and belonging. The company states that it will continue initiatives supporting employee wellbeing, learning and development, inclusion, collaboration and growth.
    July 30, 2026
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    Pro-competitive reforms strengthen market conditions through competition policy, investment review, trade facilitation, and reduced international regulatory barriers.
    Structural and pro-competitive reforms between 2010 and 2023 are assessed as reducing market distortions and strengthening competitiveness. The assessment covers property-rights protection, domestic competition and international competition, including the Goods and Services Tax, Insolvency and Bankruptcy Code, regulatory improvements and trade-facilitation modernisation. Further priorities include evidence-based competition policy, consumer-welfare review of sector-specific investment restrictions, and cooperation to address international regulatory barriers.

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      BJP recasts Durga Puja outreach to counter TMC’s ‘anti-Bengali’ tag

      September 25, 2025

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      Kolkata, Sep 25 (PTI) West Bengal's BJP unit has turned Durga Puja into its newest political weapon, blending faith, spectacle and strategy to counter the TMC's "anti-Bengali" charge and script a cultural counter-offensive ahead of the 2026 assembly polls.

      From dispatching over a hundred leaders to other states to woo diaspora Bengalis, to reviving its once showpiece puja at Salt Lake’s Eastern Zonal Cultural Centre, scaling up bookstalls across pandals and rolling out prize-rich contests for organisers, the saffron party is seeking to stitch itself into Bengal’s cultural fabric, reframe its identity and challenge the TMC's monopoly over "Bangali asmita" (Bengali pride).

      Party strategists describe the move as symbolism fused with strategy — marrying religion with identity politics to blunt Mamata Banerjee's long-running narrative that the BJP is an "outsider" force in Bengal.

      "Durga Puja is not just devotion but about pride and belonging. If we can be part of that identity, half the battle is already won. The TMC wants to paint us anti-Bengal, whereas the biggest disservice to Bengal and Bengalis has been done by the TMC," a senior state BJP leader said.

      In what leaders describe as their "largest festive connect ever," nearly 107 Bengal BJP functionaries have been deputed to 22 states and Union Territories this season under the programme 'Durgapuja Bangali Milan Samaroh.' State BJP president Samik Bhattacharya will be in Gujarat, his predecessor and Union Minister Sukanta Majumdar in Varanasi and Leader of Opposition in West Bengal Assembly Suvendu Adhikari in Tripura. Other leaders have been dispatched to Delhi, Mumbai, Pune, Surat, Dehradun, Chennai, Ranchi, and even the Andaman and Nicobar Islands.

      "This is a part of 'Ek Bharat, Shreshtha Bharat' initiative, where people from various states meet the diaspora of their state living in other parts of the country. During this Puja, leaders from the state have either already started visiting or have already visited various parts of the country. The BJP doesn't need lessons on Bengali culture and identity from the TMC," Bhattacharya told PTI.

      Party strategists believe such outreach, though not directly linked to votes, will have a ripple effect..

      Migrant Bengalis may not cast ballots in Bengal, but their families and networks back home do, and word-of-mouth travels fast during elections.

      The campaign is designed to neutralise Mamata Banerjee's persistent charge that the saffron camp is hostile to Bengali identity.

      From barbs about leaders' diction to allegations of Hindi-Hindutva imposition and episodes of Bengali workers being profiled as "Bangladeshis" in BJP-ruled states, the TMC has projected the saffron party as culturally tone-deaf.

      The BJP is attempting to flip that script.

      "We have got firsthand accounts of how peacefully Bengalis in Mumbai or Delhi are celebrating Durga Puja. Rather, those residing there are laughing at TMC's false narrative that Bengalis are facing harassment in other states," state BJP spokesperson Keya Ghosh said.

      Central to this repositioning is the return of the BJP's Durga Puja at the Eastern Zonal Cultural Centre (EZCC) in Salt Lake, once the party's cultural showpiece.

      First organised in 2020, the EZCC puja gained prominence when Prime Minister Narendra Modi virtually inaugurated it, symbolising the party's attempt to merge Bengali identity with its Hindutva plank.

      But after the 2021 election setback, enthusiasm waned, and by 2022, it was wrapped up. A scaled-down version at Aikatan followed in 2023, but by last year, there was no attempt.

      Now, the Durga Puja is back at EZCC, this time organised by Paschim Banga Sanskriti Mancha, a BJP-backed initiative, rather than the cultural cell directly.

      BJP's cultural cell convenor Rudranil Ghosh, who is also part of Sanskriti Mancha, insists the initiative is rooted in community bonding, not political theatre.

      "It is less about direct politics and more about creating space for art, literature and adda among our people," he said.

      TMC leaders, however, dismiss the effort as "desperate optics", which won't yield results.

      Once dismissing bookstalls at pandals as a Leftist relic, the BJP now sees them as indispensable tools of cultural and political outreach.

      Historically dominated by the Left and later embraced by the TMC, Durga Puja bookstalls are now being aggressively tapped by the BJP.

      From 8,000 stalls last year, the party has targeted 36,000 this season, at least six in every mandal, with major pandals hosting 10.

      The curated content is diverse — books on India's civilisational heritage, the Ram temple movement, infiltration and demographic change, need for Special Intensive Revision (SIR) of electoral rolls, GST reforms, and the Citizenship Amendment Act (CAA).

      In Balurghat, Majumdar has launched the Sangsad Sharad Samman and a Shobhayatra Protijogita with prize money up to Rs 3 lakh for immersion tableaux.

      The BJP is ensuring heavy ministerial presence at Bengal's leading pujas.

      Union Home Minister Amit Shah is expected to inaugurate pandals, including Santosh Mitra Square and the EZCC Pujas.

      Adhikari is likely to inaugurate around 120 Durga Pujas across the state, while Bhattacharya and other leaders have a string of invitations lined up.

      The TMC, which once controlled nearly 95 per cent of all Puja committees since coming to power in 2011, has ceded some ground to the BJP in recent years, but its dominance, backed by senior ministers' direct involvement in major pujas, remains unmatched. PTI PNT MNB

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