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    Punjab extends deadline of one-time scheme for settling tax dues of pre-GST period till Sept 30
    PM Modi speaks to UK counterpart Burnham
    Bank credit to industry records robust growth of 19.2 pc in June: RBI data
    Delhi protesters' fingerprints collected from stones for identification via Aadhaar: BJP minister
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    July 31, 2026
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    One-Time Settlement Scheme offers final pre-GST tax dispute resolution relief before stricter recovery action against defaulters begins.
    The One-Time Settlement Scheme 2025 for pre-GST tax dues has been extended until September 30. Eligible taxpayers may resolve pending legacy tax disputes with full waiver of interest and penalties and slab-wise relief in principal tax. After the deadline, recovery action may be intensified under applicable tax laws and the Punjab Land Revenue Act, including property attachment, auction and freezing of bank accounts. The department also supports amicable settlement of tax disputes through the SAMADHAN initiative.
    July 31, 2026
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    Bilateral trade agreement implementation supports expanded trade, investment and strategic cooperation through technology, security, clean energy and community links.
    The India-UK Comprehensive Economic and Trade Agreement was identified as a framework for expanding bilateral trade and investment opportunities following its operationalisation. The two governments proposed closer cooperation to use the agreement for shared prosperity, while advancing their comprehensive strategic partnership through technology, innovation, defence, security, clean energy, education and people-to-people links.
    July 31, 2026
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    Sectoral bank credit growth reflects broad-based expansion across industry, services, agriculture and personal loans, with slower credit-card growth.
    Sectoral bank credit growth accelerated across non-food lending, agriculture, industry, services and personal loans. Industrial credit expanded across micro and small, medium and large enterprises, with strong lending to infrastructure, engineering, food processing, textiles, construction, metals, petroleum-related products and chemical products. Services lending was supported by non-banking financial companies, commercial real estate and trade. Vehicle and housing loans maintained double-digit growth, while credit-card outstanding growth decelerated.
    July 31, 2026
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    Biometric identification of protesters through alleged fingerprint-Aadhaar linkage was described alongside criminal-background profiling and database creation.
    Biometric identification of protesters through fingerprints recovered from alleged stone-pelting evidence was publicly described as a proposed investigative method. A minister stated that fingerprints allegedly found on stones would be linked with Aadhaar numbers to identify participants and examine their prior records. The account also referred to analysis and categorisation of detained protesters' criminal backgrounds, creation of a separate database, and proposed action against participants described as anti-social elements or persons with criminal records.
    July 31, 2026
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    Offshore hydrocarbon exploration support funds high-risk deepwater drilling, shared infrastructure and data acquisition to strengthen domestic energy production.
    The National Offshore Exploration Scheme provides public support for deepwater and ultra-deepwater oil and gas exploration, including seismic and offshore data acquisition, exploratory drilling in frontier basins, and common production and evacuation infrastructure. It addresses the high cost and geological uncertainty of offshore drilling and includes technology adoption, digital programme management, capacity building and collaboration measures. The scheme seeks to expand domestic hydrocarbon discoveries and production, attract investment across the exploration and production value chain, and reduce reliance on imported oil and gas.
    July 31, 2026
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    Foreign exchange reserves increased as foreign currency assets and gold holdings rose, alongside measures to attract forex inflows.
    India's foreign exchange reserves increased during the reporting week, principally because foreign currency assets and gold reserves rose. Foreign currency assets, expressed in United States dollar terms, include valuation effects from movements in currencies such as the euro, pound and yen. Special Drawing Rights and the reserve position with the International Monetary Fund declined. Measures including the FCNR(B) measure were reported as efforts to attract foreign-exchange inflows following rupee pressure and dollar-sales intervention.
    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 measures prioritise energy, fertiliser and seafarer protection amid conflict-driven disruptions across critical maritime transit routes.
    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.
    The proposed Delhi Land Records Bill, 2026 contemplates a digital land-records framework requiring scientific surveys of every property, comprehensive authenticated digital records and a unique Property Aadhaar Card. The proposed system would cover rural and urban residential, commercial and other properties, including floor-level records for buildings. It is intended to improve ownership verification, property transactions, inheritance, loan access, building-plan approvals and transparency in land records.
    July 30, 2026
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    Supply-chain resilience amid maritime conflict drives measures to protect energy imports, fertiliser supplies, seafarers and overseas citizens.
    Supply-chain continuity was reviewed in response to conflicts affecting maritime routes through the Strait of Hormuz, the Black Sea, the Red Sea and the Gulf of Aden. The concerns included disruptions to imports of petroleum, natural gas, fertilisers and other essential goods, risks to ships and seafarers, and the safety of Indian citizens in conflict areas. Measures were considered to maintain uninterrupted imports, protect economic interests and address constraints affecting critical energy and trade corridors.

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      Leader of Carbon Markets Turns Novelist with a World to Unsettle

      September 27, 2025

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      India, September 27, 2025: Sustainability and AI product leader Dr. Nripanka Das debuts as novelist Rowan Blackwood; his thriller The Babel Paradox heads to the Frankfurt Book Fair - a rare tech-to-literature pivot with global stakes. In the fluorescent hush of an office long past quitting time, the screen flashed a subject line that made him stand still: Frankfurter Buchmesse – Selection Confirmation. The air-conditioning thrummed. Somewhere, a coffee machine clicked. Dr. Nripanka Das - better known in energy-tech circles for taming data streams and carbon ledgers opened the email and read it twice, then once more for its edges. A quiet "okay" escaped him. He closed the laptop, reached for a notepad with draft scene beats in a spare engineer's hand and underlined a single word: Real.

      Days later, a first box of author's copies landed with the soft thud of freighted possibility. Matte cover, clean serif type, a title that feels like a warning and a puzzle: The Babel Paradox: Language, Conspiracy, and the End of Reality. He lifted one volume, turned it spine-out the way inventory managers do, then let the pages riffle like cards. The paper had a faint linen bite. The ink carried that just-printed scent - chemistry, cotton, intent.

      For a figure widely associated with carbon markets, digital MRVand the difficult plumbing of industrial decarbonization, the sight bordered on subversive: an engineer of systems publishing a literary thriller under the pen name Rowan Blackwood, now headed to the world's largest book fair. Frankfurt, October 15–19, 2025 - where rights are traded, translations seeded, and a debut can find its passport.

      From Labs to Literature Dr. Nripanka Das is a sustainability and AI product leader whose public work lives at the intersection of emissions data, verification techand energy innovation. His debut novel, The Babel Paradox, appears under the author name Rowan Blackwood and has been selected for presentation at the 2025 Frankfurt Book Fair. The moment matters: a technologist crossing into literary fiction at the industry's most prestigious marketplace, where the future of a book - its editions, territories, and readerships, is negotiated face to face.

      If the lab bench and the writer's desk share a temperament, Das embodies it: constraint, iteration, verification. In product reviews, he is known for refusing fuzzy terms - show the runbook, show the baseline. That same discipline turned inward when sentences, not sensors, became the substrate. "Engineering taught me habits I couldn't unlearn," he says. "I version-control scenes. I test dialogue against the system it belongs to. If a character lies, I ask what it costs the network." The result is prose that moves like a model under load - stress-tested, then streamlined.

      The path from carbon registries and data pipelines to pages concerned with power and speech looks shorter up close. Markets and languages are both rule-bound, socially negotiated and ripe for misuse. In The Babel Paradox, the audit trail becomes narrative tension; the checksum becomes a clue; the governance meeting, a battleground where words decide material outcomes.

      The Book at a Glance The Babel Paradox hunts the fracture line where language ceases to be neutral and becomes a weaponized protocol. The novel threads high-stakes intrigue through hidden systems - surveillance architectures, academic rivalries, shadowed research and asks whether a society that outsources meaning to machines can still tell truth from consensus. It is less about secret societies than about visible institutions acting in secret ways, less code-cracking than contract-reading. Characters grapple with the price of precisionand the risks of claritywhen clarity threatens power.

      Why Frankfurt, Why Now Frankfurter Buchmesse is the industry's engine room - an international rights marketplace where scouts, editors and agents compress years of emails into five intense days. For a debut, selection signals professional intent: visibility before the global trade, proximity to translation conversations and a chance to position the work in a taxonomy beyond national borders. Frankfurt's scale matters because it disciplines hype. You have a book, or you don't. You have a pitch that survives a hallway test, or you do not. For The Babel Paradox, the fair offers exactly the ecosystem it interrogates - languages colliding, meanings negotiated, reality minted from contracts and conversation.

      "Frankfurt is where stories either acquire second lives or prove they only had one," Das says. "I wanted the book tested where no one owes me politeness." Private Passion, Public Debut Colleagues knew him as a rigorous builder of products; fewer knew about the stack of marked-up drafts that followed him city to city. "It was always there," he says, "but it stayed in the margins because the workday took the center column." The center has shifted. Publishing under Rowan Blackwood allowed a firewall at first - new name, new channel, the necessary freedom to fail in public without dragging a résumé behind it. The firewall didn't last long; the announcement leaked through Instagram posts and whisper networks, and then Frankfurt made secrecy moot.

      He describes the pivot not as reinvention but as extension. "If sustainability work is about accountability for claims," he says, "then fiction is an extreme sport of claims. Every sentence asserts a reality. You have to earn it." Industry Angle: Where Systems Meet Stories There is a small but telling pattern of technologists writing fiction that refuses to excuse the infrastructures we live inside. The Babel Paradox sits in that lineage, but with an unusual precision about governance - the way policies, standards, and datasets harden into social facts. A sustainability and AI practitioner writing literary fiction carries a particular charge in 2025, a year dense with climate reporting requirements and public debates about algorithmic authority. The book does not speechify; it builds a world where the line between signal and noise is a design choice, then forces its characters to live with that choice.

      Frankfurt, with its translation ecosystem, intensifies this effect. Language as theme meets language as logistics. The novel's preoccupation with meaning across domains - legal, technical, colloquial- becomes a practical question of how idioms travel, which metaphors survive, and where a story must recompile for another culture's operating system.

      The Stakes of Precision Das's day job taught him that numbers can be honest and still be wrong if they summarize the wrong thing. The novel takes that lesson to the level of plot. A text can be lyrical and still mislead; a dataset can be enormous and still be trivial. What matters is the schema - what you count as real. In The Babel Paradox, characters collide over schemas: academic definitions, state narratives, corporate euphemisms. The book's suspense rarely comes from a gun in the drawer. It comes from the clause you didn't read.

      "Language isn't a mirror; it's an actuator," he says. "It moves systems and people." What Readers Will Recognize Audiences who come for conspiracy will find craft: clean lines, controlled heat. Readers from the worlds of policy, tech, or markets will recognize the granular decisions - names of committees, behaviors inside conferences, the way careers hinge on phrasing. But the novel keeps its promises as fiction first. It knows that stakes only matter when they land on a human scale: two people in a quiet office bargaining with a truth neither wants to say out loud.

      If his carbon work measures what the world emits, his fiction measures what the world permits and with The Babel Paradox stepping onto Frankfurt's floor, Dr. Nripanka Das matches engineering precision to literary intent, drafting a future where meaning has to meet spec.

      (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

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