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    Zeeba Revamps Packaging and Announces Chef Vikas Khanna as Its Global Brand Ambassador
    Paul Merchants Finance Launches Loan Against Silver, Becomes India’s First NBFC to Set Up Exclusive Silver Loan Branches
    CarePass Launches This Independence Day, Bringing Healthcare Savings Across India's Top and Premium Hospitals
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    August 18, 2026
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    Premium Basmati rice positioning drives Zeeba's packaging refresh and ambassador-led campaign focused on quality, authenticity and domestic expansion.
    Zeeba has refreshed its packaging and appointed Chef Vikas Khanna as global brand ambassador to support expansion in India. Its "Aisa Basmati Nahi Dekha" campaign positions the brand around export-quality Basmati rice, consistency, authenticity and a superior culinary experience. Promotional activity will extend across digital, retail and consumer touchpoints. The premium Basmati range is described as carefully sourced, naturally aged and processed according to global quality standards, with emphasis on grain quality, authentic taste, purity and consistency.
    August 18, 2026
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    Silver-collateral lending creates a formal secured-credit channel for eligible borrowers, subject to regulatory requirements and lender policies.
    Loans against silver collateral have been introduced following the Reserve Bank of India's Lending Against Gold and Silver Collateral Directions, 2025, enabling eligible regulated lenders to accept silver as security. The offering provides a formal and transparent credit channel against eligible silver jewellery, ornaments and approved silver coins. It is intended for individuals, proprietors and MSMEs requiring liquidity for personal, business and other legitimate financial needs, subject to lending policies and applicable regulatory requirements.
    August 18, 2026
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    Healthcare discount membership provides instant savings on out-of-pocket care at participating premium providers without insurance claims or paperwork.
    CarePass is a healthcare savings membership card providing instant point-of-billing discounts at participating premium healthcare providers across India. It covers out-of-pocket spending on hospital treatment, diagnostics, dental, vision, dermatology, hair and skin care, and IVF and maternity services, without claim processing, waiting periods or paperwork. Members present a digital CarePass at a participating provider to receive the applicable discount. Four membership tiers offer differing benefits, with higher tiers including tele-consultations and annual health checks. CarePass is a discount membership and not an insurance product.
    August 18, 2026
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    EXIM operations at Vizhinjam commence with container movement, supported by investor facilitation, infrastructure backing and port-led logistics development.
    EXIM operations at Vizhinjam international seaport commenced with the flagging off of two containers after a successful trial export shipment. The state government proposes investor engagement, regulatory facilitation and infrastructure support to expand global export activities through the port. Mission Samudra is to operate as a port-led industrial and logistics development scheme. The deep-water port was developed under a public-private partnership model and had received commercial commissioning certification.
    August 18, 2026
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    Money-laundering investigation under PMLA expands through searches into alleged consultancy payments linked to CMRL and Exalogic Solutions.
    Money-laundering investigation under the Prevention of Money Laundering Act involves fresh searches connected with Cochin Minerals and Rutile Ltd and Exalogic Solutions. The inquiry concerns alleged fraudulent payments made under the guise of IT consultancy services and a purported money trail involving persons allegedly connected with those transactions. The action follows earlier searches and questioning in relation to the same matter.
    August 18, 2026
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    Recruitment examination irregularities trigger money-laundering investigation into alleged bribery, paper leaks, answer-sheet tampering, and preferential veterinary officer selections.
    Money-laundering investigation under the Prevention of Money Laundering Act concerns alleged irregularities in veterinary officers' final selection through a public recruitment examination. Searches covered premises linked to commission officials, alleged intermediaries, the digital evaluation entity, and selected candidates. Allegations include bribery demands, examination-paper leakage, OMR answer-sheet tampering, and facilitation of selection for relatives of commission officials.
    August 18, 2026
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    Export-import operations advance through operational preparedness review and planned port-led industrial and logistics development initiatives.
    Operational preparedness for full land-based export-import operations at Vizhinjam Seaport was reviewed, including the Vehicle Traffic Management System. EXIM cargo operations follow a trial shipment of the port's first export container to Valencia. Mission Samudra is proposed to support port-led industrial and logistics development alongside these operations. The deep-water port was developed through a public-private partnership model and had obtained commercial commissioning certification before its dedication to the nation.
    August 18, 2026
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    Industrial corridor development prioritises empowered SPVs, integrated infrastructure and investor-ready parks to accelerate manufacturing investment and operations.
    National Industrial Corridor Development Programme implementation prioritises timely infrastructure completion, land allotment, investment mobilisation and commencement of manufacturing. PM GatiShakti-aligned planning requires integrated connectivity, utilities and social infrastructure, while States should resolve land, clearance and SPV-power bottlenecks. BHAVYA proposes investment-ready, plug-and-play industrial parks appraised for ready land, credible demand, connectivity, utilities, realistic phasing and early investor attraction. NICDIT routes Government participation and equity support for BHAVYA project SPVs, and NICDC coordinates implementation and monitoring.
    August 17, 2026
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    RERA compliance exemption for stalled housing projects raises whether statutory obligations may be waived to enable phased project completion.
    RERA compliance exemption is sought for completion of 16 stalled residential projects by a public sector construction entity appointed under a project-completion arrangement. The appellate insolvency tribunal declined to direct a waiver, considering itself incompetent to exempt compliance with statutory provisions. The arrangement requires phased completion, award and commencement of construction work, and oversight through an apex committee and project-wise committees. The projects remain incomplete owing to the developer's financial crisis.
    August 17, 2026
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    Deposit mobilisation and youth banking guide strategies for stronger public financial institutions, investment financing and Global Capability Centre opportunities.
    PSB Confluence 2026 considers strategic priorities for Public Sector Banks and Public Financial Institutions across deposit mobilisation, banking for youth, investment-cycle financing and Global Capability Centres. Discussions seek practical, scalable strategies to strengthen customer engagement, youth-responsive banking propositions, institutional financing capabilities and participation in the expanding Global Capability Centre ecosystem. Youth engagement may use the MY Bharat platform to strengthen links with the formal financial system and awareness of education finance, entrepreneurship, internships and financial-sector careers. Further themes include value-chain infrastructure, priority sector lending and credit card business reform.
    August 17, 2026
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    Banking-sector reform will guide lender capacity, financial stability, inclusion, consumer protection, deposit growth and responsible credit-card expansion.
    Banking-sector reform is proposed through a high-level committee on Banking for Viksit Bharat to review the sector and align it with growth needs while safeguarding financial stability, financial inclusion and consumer protection. Key themes include deposit mobilisation, youth banking, investment support, global capability centres, value-chain infrastructure, credit cards and priority-sector lending. Public-sector banks are expected to improve competitiveness through technology, sectoral expertise, product adaptation and customer-focused deposit growth. Credit-card development must maintain responsible underwriting, customer protection and appropriate risk controls.
    August 17, 2026
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    FCNR(B) concessional swap facility availability narrows to timely mobilised deposits amid rupee depreciation and foreign currency inflow concerns.
    Foreign-exchange conditions reflected rupee depreciation amid weak domestic equity markets and higher crude oil prices. FCNR(B) concessional swap facility availability is confined to foreign currency deposits mobilised by banks within the revised cut-off period, replacing the previously longer mobilisation window. The facility is intended to encourage foreign currency inflows, while banks use the FCNR(B) scheme to mobilise foreign currency deposits through attractive interest rates.
    August 17, 2026
    Show AI Summary
    Banking sector review panel will align future growth with financial stability, inclusion and consumer protection through government recommendations.
    High Level Committee on Banking for Viksit Bharat is proposed to comprehensively review the banking sector and align it with India's next phase of growth. It is intended to safeguard financial stability, financial inclusion and consumer protection, while providing views and recommendations to the Government on banking-sector development and reform.
    August 17, 2026
    Show AI Summary
    Prime Minister Internship Scheme enhances youth employability through paid industry exposure, cross-field learning, workplace readiness and potential full-time employment.
    The Prime Minister Internship Scheme provides paid internships with leading companies across India to improve youth employability through practical workplace exposure, industry experience and skills development. It addresses the gap between classroom learning and employers' expectations of workplace readiness. Participation is not confined to academic qualifications, allowing youth to pursue fields of interest and gain hands-on professional learning. Strong internship performance may lead to full-time roles, while the scheme stresses responsible work where errors may affect quality, consumer safety and organisational reputation.
    August 17, 2026
    Show AI Summary
    SAFTA origin fraud in areca imports allegedly enabled improper duty exemption through false Bangladeshi-origin declarations.
    SAFTA preferential duty treatment for areca-nut imports was allegedly misused by falsely declaring goods originating in South-East Asian countries as Bangladeshi origin. Since areca nuts normally attract 100% basic customs duty, the scheme sought to obtain the full SAFTA exemption reserved for qualifying Bangladeshi goods meeting Rules of Origin requirements. The alleged mechanism included routing goods through Bangladesh, changing containers and bags, using improperly obtained Certificates of Origin, and facilitating clearance through importers, Customs Brokers and IEC holders. Investigative findings also indicated cash proceeds, hawala channels and dummy entities.
    August 17, 2026
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    FCNR(B) concessional swap facility closure may reduce temporary foreign-currency inflow support and heighten rupee weakness concerns.
    The Reserve Bank of India restricted its concessional swap facility for FCNR(B) deposits to deposits mobilised by August 31, advancing the earlier cut-off date. The facility was intended to encourage foreign-currency inflows, while banks mobilise such deposits through attractive interest rates. Market commentary indicated that existing inflows may support the rupee in the near term, but the curtailed availability of the facility could reduce this temporary cushion and increase depreciation risk.
    August 16, 2026
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    Temporary tariff suspension for earthquake recovery is sought to ease pressure on affected Colombian businesses.
    Temporary suspension of high tariffs on Colombian products has been sought to support business recovery following a severe earthquake declared a natural disaster. The request links tariff relief to economic disruption affecting businesses amid extensive destruction, injuries and missing persons. United States emergency assistance has been provided through food, shelter and health supplies, while no response to the tariff-suspension request had been reported.
    August 16, 2026
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    Port-led industrial development and direct export operations aim to expand logistics infrastructure, market access and trade connectivity.
    Mission Samudra is proposed as a port-led industrial and logistics development programme linked to the commencement of export-import operations at Vizhinjam seaport. It covers industrial clusters, new cities, port connectivity, logistics, development initiatives, programme management and capacity building. Direct export shipments are intended to improve overseas-market access and reduce transit time and logistics costs, particularly for small and medium enterprises. The framework also anticipates growth in warehousing, cold storage, container freight stations and logistics parks, supported by private participation and road and rail connectivity.
    August 16, 2026
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    Electric vehicle export diversification strengthens India's presence across European, Asia-Pacific and Latin American markets through expanding overseas demand.
    India's electric motor car exports expanded sharply in the first quarter of 2026-27, reflecting increased international acceptance and competitiveness of India-manufactured electric vehicles. Europe became the principal export destination, led by Spain and the United Kingdom, with further demand across several European markets. Exports also reached Asia-Pacific markets, Nepal and emerging Latin American destinations. This wider market presence reflects improving quality and safety standards, stronger integration into global electric-vehicle supply chains, and diversification of India's electric-vehicle export profile.
    August 16, 2026
    Show AI Summary
    LPG production preparedness requires refiners and upstream producers to maintain capacity and increase output during supply constraints.
    Government has established a standing LPG production preparedness framework under which refining companies, oil marketing companies and upstream producers may be directed to increase production during supply constraints. Companies must maintain adequate LPG storage, evacuation and transportation infrastructure and pursue technically and economically feasible production-enhancing measures. Written directions may prescribe production quantities and periods, including restrictions on alternative uses of input streams required for LPG. The production schedule is updated twice yearly to reflect new facilities and added capacity from infrastructure, technology and distribution improvements.

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      India’s Birthday Report 2025: Why October is the Month of Birthdays

      October 6, 2025

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      New Delhi, India, 6th October 2025: Birthdays are common among all, but in India, it is the month of the year when birthdays are celebrated with even greater fervor. India celebrates almost every month of the year, with October being the most celebratory month nationwide, according to the Birthday Report 2025, released by MyFlowerTree. The report examines the cultural, astrological, and social phenomena that underlie this trend and how the gifting and celebration environment in India is expected to change in 2025. Birthdays: An International Tradition with a Regional Flair Birthdays represent new beginnings, happiness, and unity. Family, friends, and communities come together in various ways worldwide. In India, however, birthdays have acquired an added cultural and emotional significance. Since the traditions of celebrating a new year in the life of a child and huge parties dedicated to birthdays of milestone years are a tightly rooted tradition in the life of the Indian society. However, among all months, October is the month of choice among Indians for birthdays. According to the MyFlowerTree report, a combination of astrological timing, the influence of festivals, and social preferences results in more people born in and celebrating birthdays during October than in any other month of the year. Why is October the Birthday Month of India? 1. Astrological Influence The principles of astrology largely govern Indian traditions. Many couples are willing to have favorable dates for some of the most important occasions in their lives, such as the birth of a child. October is commonly associated with balance, prosperity, and harmony; therefore, it is a common time for planned births in India. 2. Festive Spirit The month of October coincides with the festive season, as it is during this time that Navratri, Durga Puja, Dussehra, Karva Chauth, and Diwali fall within or around the month. The atmosphere is one of general happiness and unity, and, of course, families are inclined to celebrate birthdays as well. 3. Weather and Personal Likes The change in weather as monsoon ends and pleasant autumn sets in makes October the best season to hold outdoor meetings and celebrations. Families can easily host larger events, and in metro cities, venues are often booked months in advance by event planners. The Birthday Report 2025 of India: Key Findings The report gives a close-up examination of the trends of birthday celebrations in India: Most popular 5 birthday dates in India: • October 10 • October 14 • October 18 • October 21 • October 25 Top 5 cities celebrating the most birthdays in October • Delhi • Mumbai • Bengaluru • Hyderabad • Kolkata Average birthday spend: • Metros: ₹8,500 • Tier-2 Cities: ₹5,200 Online Preferences vs. Offline Gifting Preferences: In 2025, 72 percent believed that people would want to do their birthday gifting online. A quarter of them proceeded to make purchases offline, which was primarily in small towns. Birthday Celebrations in India: What Does the Report Say? The report sheds light on the fact that spending on birthdays has increased considerably over the last decade. The average amount spent on a birthday present in the metropolitan regions in 2015 was about 3800 rupees. This number is expected to have more than doubled by the year 2025. Metro Trends: Big cities, such as Delhi, Mumbai, and Bengaluru, are at the forefront in terms of average expenditure. The consumers of these cities are more favourable to premium and customised gifts, such as curated hampers, designer cakes, spa vouchers, and luxury flowers. Tier-2 Cities: Although the average spend in Tier-2 cities is slightly lower, it increases at a higher rate. The populations of cities such as Jaipur, Lucknow, and Indore are becoming increasingly aware of online shopping services like MyFlowerTree as a means of presenting gifts, with a definite trend favoring individualized cakes, low-cost hampers, and on-the-fly delivery opportunities. Experience Digital Gifting with MyFlowerTree Online gifting has been growing exponentially with the digital boom in India. According to the MyFlowerTree report, 2025 will be an important milestone: it will be the first year since over 70 percent of all birthday presents in India will be ordered online. The causes of such change are: • Comfort: The Internet offers the convenience of placing last-minute orders and having them delivered to your door. • Selection: Customers have the opportunity to browse through thousands of distinctive gift options. • Customization: Name-on-gifts, custom-made cakes, and select hampers are easily ordered online. • Delivery: Express delivery (Same-day, 2-hour express) has helped to make online gifting a desirable option. Defining Characteristics of Birthdays at MyFlowerTree The MyFlowerTree research also highlights the fact that birthdays in India were once simple family events but have evolved into more personalized and elaborate celebrations. • Cakes and More: Birthday Cakes remain the centerpiece of any celebration, but themed cakes based on K-pop, superheroes, travel, and luxury fashion are gaining popularity in the cake industry. • Hampers on the Rise: Ampoules - Hampers featuring chocolates, teas, self-care sets, and flowers are gaining popularity. • Experience Gifting: Urban India is shifting towards gifting experiences, including fine dining, adventure activities, and spa treatments. • Green Solutions: Green Gifting and eco-friendly packaging are becoming increasingly popular among Gen Z and millennials. Myflowertree's Contribution to the Birthday Boom In India MyFlowerTree, being one of the leading online gifting services in India, has experienced this change firsthand. The company sells a very diverse range of products, including flowers, cakes, customized gifts, hampers, and corporate gifts. The significant growth in the metros and tier-2 cities has made MyFlowerTree the go-to destination for birthday gifting. The brand has also invested in innovations such as these: • AI-Based Customization: Suggesting gifts based on preferences and occasion. • Swift Deliveries: Express delivery (same-day, 2-hour) through the various cities. • Sustainable Presents: Environmentally friendly hampers, reusable packaging, and gifts made from plants. • Visiting Experiences: Providing vouchers for dining, spa, and traveling experiences. Cultural Significance of October Birthdays Besides the beliefs held by astrologers, people born in October are said to have some symbolic meaning. October is a month of prosperity, new beginnings, and harmony for many families. Ritualistic festivals often accompany birthday celebrations in communities in this part of India; therefore, a distinct fusion of contemporary and traditional activities can be found. Whether it's pujas in temples or decadent, picturesque Instagram parties, the birthday in October tends to showcase the duality of Indian society, which is both traditional and welcoming of modern ways of living. Predictions for 2025 and Beyond According to the trends, MyFlowerTree forecasts: • Record-High Celebrations: October will set the stage, and a high rate of birthday celebrations is expected in 2025, marking the most celebrated day in India. • Gifting of Experiences on the Rise: Over 40% of birthday gifts in metros will be experience-based by 2027. • Green Future: Gifting sustainably will become a common option, with plant hampers and reusable wrappings being the most popular choices. • Hyper-Personalization: The gifting industry is poised to become AI-driven and hyper-personalized by 2030. From the Voice of the CEO Following October this year, 2025 is bound to have the most birthday-filled year in India. This month remains special due to the cultural, astrological, and social value attached to it. With the increasing scale and customization of various kinds of celebrations, MyFlowerTree is leading this change and bringing happiness to millions of customers in India. We believe birthdays are not just about gifts, but about making memories. At MyFlowerTree, we make each celebration memorable, unique, and meaningful,” added Sumit Chhabra, CEO of MyFlowerTree. About MyFlowerTree MyFlowerTree is a popular online gifting company in India that offers a wide range of products, including flowers, cakes, chocolates, customised gifts, curated hampers, and corporate gifting solutions. With a strong presence in the metros and Tier 2 cities of India, MyFlowerTree is the go-to destination for birthdays, anniversaries, festivals, and all other special occasions. (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI

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