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    Champion Mirabai Chanu Unveils MMTC-PAMP's 'Virasat' Recycled Gold Coin to Celebrate India's 80th Year of Independence
    Indian economy to hit USD 5-trillion mark in FY29 as per IMF: FM
    SVC Co-operative Bank Concludes 120th Annual General Meeting, Reaffirms Growth, Governance and Digital Focus
    Rupee falls 3 paise to close at 95.40 against US dollar
    Government Boosts MSME Financing Through SIDBI and ECLGS 5.0
    India's Market Opportunity is Growing, and the Trade is Taking Notice
    50,000 Students to Participate in Season 2 of the Franklin Templeton National Mutual Fund Olympiad 2026
    Currently nine trade disputes pending against India under WTO rules: Govt
    MNLU Mumbai Launches MBA in Entrepreneurship & Digital Business Law
    AU Small Finance Bank Savings Accounts: Competitive Interest Rates, Zero-Balance Digital Account Opening and 24x7 Mobile Banking
    Rupee opens on flat note, rises 3 paise to 95.34 against US dollar in early trade
    Meeting of Heads of National Statistical Offices of BRICS Countries “Quality Statistics as Driver of Change”
    Modernization of National Sample Surveys through adoption of digital platforms such as Computer Assisted Personal Interview (CAPI) integrated with e- ...
    Govt hikes windfall gains tax on petrol, diesel, ATF exports
    No guidelines to regulate online astrology platforms: Consumer affairs department to CIC
    Yellow.ai, a Global Leader in Enterprise Agentic AI, to Go Public via $550 Million Merger with Bluerock Acquisition Corp.
    Shri Piyush Goyal Invites Indian and Uzbek Businesses to Co-invest and Co-manufacture; Calls for Doubling Bilateral Trade at India-Uzbekistan Business...
    Every ₹1 invested under Kisan Credit Card– Modified Interest Subvention Scheme (KCC-MISS) contributes ₹2.30 to net value addition in the...
    India achieves near-universal banking coverage, with 99.92% of inhabited villages now served by a banking outlet
    Rupee rises for 6th day, gains 12 paise to 95.31 against US dollar as crude drops
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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.
    Responsible precious-metals recycling is promoted through a commemorative recycled-gold coin intended to support domestic recycling, responsible sourcing and a self-reliant supply chain. The product is described as having certified purity authentication, tamper-proof packaging, a unique identification number and an assayer-certified minted card. The initiative seeks to reduce dependence on imported gold and expand organised, transparent recycling infrastructure. An organised silver buyback programme is also described as supporting secure consumer sales and a circular economy for precious metals.
    August 4, 2026
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    Broad-based growth strategy links tax reforms, trade resilience, industrial support and services development to medium-term economic expansion.
    The growth strategy combines agricultural productivity, manufacturing, MSME support, infrastructure, logistics, ease of doing business, streamlined income-tax and GST reforms, innovation, digitalisation, human-capital development, energy security, public capital expenditure, foreign direct investment liberalisation, export promotion, fiscal prudence and price stability. Trade resilience is to be strengthened through expanded trade agreements, while manufacturing, services, agriculture and strategic sectors receive targeted policy support. The material also reports secured-asset enforcement cases and recoveries by banks under the SARFAESI framework during FY25.
    August 4, 2026
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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.
    MSME credit access is being expanded through SIDBI's branch network, direct lending, refinance support, co-lending arrangements, affordable credit for informal micro-entrepreneurs, and invoice-based digital credit for micro enterprises. Emergency Credit Line Guarantee Scheme 5.0 enables eligible MSMEs to obtain additional credit linked to peak fund-based working-capital outstanding, with full guarantee coverage for member lending institutions against defaults on the additional facility. The scheme also covers scheduled passenger airlines under distinct eligibility and guarantee parameters.
    August 4, 2026
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    Furniture and interiors sourcing platform connects Indian manufacturers with domestic and international trade buyers through direct procurement opportunities.
    imm india 2026 is presented as a business-to-business sourcing platform linking Indian furniture, home de cor, rug, carpet, mattress and handicraft manufacturers with domestic and international trade buyers. It is intended to provide direct manufacturer access, design-led sourcing and project-scale procurement opportunities for architects, designers, retailers, hospitality professionals and real estate developers. The programme includes a hosted buyer initiative, industry conferences, knowledge sessions and awards addressing innovation, sustainability, craftsmanship and design.
    August 4, 2026
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    Financial literacy Olympiad builds students' practical understanding of mutual funds, financial planning, market concepts and responsible investment participation.
    Financial literacy and investment awareness are promoted through a nationwide, multi-level educational competition for undergraduate and postgraduate students. Participants are assessed on mutual funds, investment fundamentals, financial planning, market concepts and long-term wealth creation, with exposure to market-linked products including ETFs, portfolio management services, alternative investment funds and specialised investment funds. The initiative combines academic institutions and financial-sector participants to improve practical investment knowledge, informed decision-making and responsible participation in investment markets.
    August 4, 2026
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    WTO dispute settlement challenges test India's safeguards, agricultural support, technology tariffs and production-linked incentives across pending proceedings.
    Nine pending WTO disputes against India concern safeguard measures, sugar support and export schemes, information and communications technology tariffs, and technology-sector incentives. India contests the claims as consistent with its WTO rights and obligations. Appeals concerning iron and steel safeguards, sugar measures, and certain information and communications technology tariff reports remain pending, including because the WTO Appellate Body is non-functional. Other proceedings concern Chinese challenges to production-linked incentives, tariffs, and solar, automotive, renewable-energy and information-technology measures; one panel proceeding is ongoing and another panel has not been constituted.
    August 4, 2026
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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.
    August 4, 2026
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    Savings account access expands through video KYC, mobile banking, no-minimum-balance options, monthly interest payments and deposit insurance coverage.
    Savings accounts provide monthly interest payments, liquidity and access to funds, subject to eligibility, internal policies and applicable terms. Digital account opening through Video KYC is available for an account with no minimum balance requirement, supported by mobile banking for UPI transfers, bill payments and balance monitoring. Account variants include premium, value-oriented, agricultural, financial-inclusion, children's and basic no-frills accounts. Deposit insurance applies up to the prescribed limit per depositor per bank.
    August 4, 2026
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    Foreign-exchange market conditions supported a modest early rupee gain, while importer demand and policy data remained key factors.
    Foreign-exchange market conditions supported a marginal early appreciation of the rupee against the US dollar, led by broad US-dollar weakness, improved risk sentiment, lower oil-price levels and foreign portfolio inflows. Importer demand for dollars moderated the movement. Market direction remained linked to the forthcoming monetary-policy decision and US economic data, while reported central-bank activity was described as helping smooth currency volatility. The US dollar index, crude-oil movements, global supply expectations and domestic equity-market activity were relevant exchange-rate influences.
    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.
    August 3, 2026
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    Online Astrology Platform Regulation: consumer department reported no guidelines, while information requests required revised factual disclosures.
    Online astrology platforms were reported as lacking specific regulatory guidelines within the consumer affairs department. The RTI application sought information on alleged unfair trade practices, investigations, complaints, licences, approvals, and applicable rules. The National Consumer Helpline stated that it had not investigated because it functions as a grievance-resolution platform. A revised factual response was required on investigations and complaint data, while queries concerning regulation, licences, approvals, and related investigations were to be transferred to the public authorities likely to hold that information.
    August 3, 2026
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    Business combination disclosure outlines shareholder approval, registration requirements, financing conditions, and forward-looking risks for the proposed public listing.
    The proposed business combination would take Yellow.ai public through a definitive agreement with Bluerock Acquisition Corp., subject to customary closing conditions and shareholder approval. Bluerock intends to file a Form S-4 registration statement containing a proxy statement/prospectus for proxy solicitation and securities issuance in connection with the transaction. The communication is not an offer or solicitation and states that no securities offering may occur without compliance with applicable registration, qualification or exemption requirements. Transaction projections and anticipated benefits are forward-looking statements subject to material risks and uncertainties.
    August 3, 2026
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    Bilateral investment and trade facilitation drive proposed co-investment, digital cooperation and advanced manufacturing partnerships between Indian and Uzbek businesses.
    India-Uzbekistan cooperation is proposed through co-investment, co-manufacturing and co-innovation, supported by the Bilateral Investment Treaty to promote investor confidence and reciprocal investment. Priority sectors include mining, textiles, healthcare, agriculture, food processing, digital technologies and advanced manufacturing. Trade facilitation measures include reducing trade barriers, mutual recognition of standards, approvals, testing and certification, customs digitalisation and improved trade routes. Regulators and standard-setting bodies are expected to cooperate under a structured, time-bound economic partnership.
    August 3, 2026
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    Concessional agricultural credit supports working capital, crop diversification, allied activities, and digital expansion under the Kisan Credit Card scheme.
    The Kisan Credit Card-Modified Interest Subvention Scheme provides concessional institutional credit to reduce farmers' interest burdens and improve timely working-capital access. The scheme is reported to support cropping intensity, multi-season cultivation, diversified crop portfolios, timely input use, and credit discipline through the Prompt Repayment Incentive. It also supports dairy, livestock, and fisheries-based income diversification. Credit-delivery measures include collateral-free lending, digital platforms, simplified applications, coverage expansion, and awareness campaigns. State-wise data tracks operative accounts, outstanding credit, and non-performing Kisan Credit Card accounts.
    August 3, 2026
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    Banking inclusion expands rural access while digital credit systems and payment security controls address service delivery and cyber fraud.
    Banking inclusion is pursued by providing banking outlets within a five-kilometre radius of inhabited villages, with branch expansion permitted subject to rural-coverage requirements and continuing assessment of uncovered areas. Agricultural credit delivery uses digital loan, beneficiary-verification, processing and claim-settlement systems. Digital payment security measures require minimum controls for payment channels and include fraud-intelligence sharing, artificial-intelligence-based identification of money-mule activity, digital lending-app analysis, cyber-incident reporting, public awareness campaigns and electronic-banking training.
    August 3, 2026
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    Foreign exchange market movement strengthened the rupee as lower crude prices, investment inflows and improved risk sentiment provided support.
    Foreign exchange market movement saw the rupee strengthen for a sixth consecutive trading session against the US dollar, supported by declining global crude oil prices, a softer dollar, foreign institutional investment inflows and gains in domestic equity markets. Improved global risk sentiment followed the decision to defer planned US military strikes against Iran and allow diplomatic engagement. Renewed geopolitical tensions were identified as a factor that could limit further appreciation.

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      Cisco and Social Alpha launch Krishi Mangal 3.0: Accelerator Program to support and scale 7 new-age Agri-tech startups

      October 16, 2025

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      • Selected startups to receive support across product development and market deployment • Program will offer milestone-based non-dilutive funding of up to INR 50 lakhs for field implementation and access to additional funding of up to INR 2 crores for scale-up • Beyond funding, startups to receive lab, capacity building and business advisory support New Delhi, October 16, 2025: Cisco India CSR and Social Alpha, India’s leading venture development platform for science and technology startups, today announced the launch of Krishi Mangal 3.0, the third edition of their flagship accelerator program for farmer-centric innovations. The latest edition of Krishi Mangal will scale seven startups that are harnessing the power of artificial intelligence, IoT, robotics, and renewables to address soil degradation, water management, farm mechanisation, post-harvest losses, and supply chain inefficiencies. With its emphasis on climate resilience and income security, Krishi Mangal 3.0 is designed to empower farmers with solutions that drive higher productivity and profitability while safeguarding the long-term viability of agricultural and allied practices. The accelerator program will support the selected startups with deployment focused milestone-based funding and scale-up opportunities. Each startup will deploy its solution with farmers and grassroots partners, backed by non-dilutive funding of up to INR 50 lakhs. The startups will have the opportunity to scale across multiple states with access to more than 200,000 farmers and 150 farmer producer organisations (FPOs) and have an opportunity to access an additional non-dilutive funding of up to INR 2 crores facilitated by Social Alpha. They will also have the opportunity to access seed investment from Social Alpha and its partners, subject to due diligence. Startups will also benefit from tailored business planning as well as access to Social Alpha Labs for product design, prototyping, and manufacturing support. The seven pioneering startups of the latest edition include: • Ekosight Technologies Pvt Ltd, through its Soil Doctor Clinic, acts as a local knowledge hub that geotags farms, tests soil, and provides season-long crop advisory. Its portable device tests 16 key soil parameters with over 95% accuracy, generating instant digital reports stored in the cloud. By combining geotagged data with satellite imagery and AI, the solution tracks crop health, identifies nutrient gaps, and guides fertilization strategies. • ArkaShine Innovations Pvt Ltd is advancing soil health management with AI-enabled, portable “Point-of-Care” devices that assess physical, chemical, and biological soil properties. Integrated with a digital dashboard, the solution delivers fertilizer and crop recommendations tailored to soil health and microclimatic conditions. By offering soil-specific nutrient guidance and advising on suitable cropping patterns, ArkaShine empowers farmers to improve yields and soil resilience. • Terracroft Agritech Pvt Ltd has developed KrishiBOT, a smart, battery-operated farm robot designed for inclusive and sustainable farming. Built for gender-neutral operation, KrishiBOT reduces physical strain, especially for women and elderly farmers. It supports line sowing and intercropping while minimizing soil compaction and lowering CO₂ emissions. By reducing manual effort and enhancing precision, KrishiBOT helps farmers boost productivity and adopt more sustainable practices. • Surobhi Agro Industries Pvt Ltd, through its platform Farmology, combines patented organic inputs with AI-powered agronomy solutions. Its system integrates IoT-based soil testing, AI-driven crop health monitoring, and personalized farmer consultations. With 95% accuracy, the platform helps farmers make timely decisions on water, pest, and nutrient management. It also provides climate alerts, supports sustainable practices, and connects farmers directly to markets. • Agribotic Systems Pvt Ltd has built a 90% indigenous agri-drone ecosystem designed for Indian farms. Compact and foldable, the drones enable affordable Drone-as-a-Service solutions for precision farming. With real-time spraying, obstacle avoidance, and a 10L tank capacity, the drones integrate with a mobile app for IoT-based data syncing, fleet management, and precision advisory. This innovation makes advanced farm mechanisation accessible and scalable for smallholder farmers. • Bhairaj Organics Pvt Ltd, with its solution Desigo, addresses inefficiencies in India’s milk supply chain by offering a clean, cold, and traceable delivery system. Using alternative energy, the system reduces fuel and electricity consumption, eliminating the need for cold storage and middlemen. With smart milk barrels, automated AI training, and FSSAI-compliant traceability, Desigo ensures 0% spoilage and affordable pricing. The model also empowers women entrepreneurs, supports indigenous breeds, and improves land fertility. • Rudra Solar Energy Pvt Ltd offers high-efficiency, low-cost solar cabinet dryers with three heat transfer modes that speed up drying, cut post-harvest losses, and improve product quality. With direct market linkages and a buy-back model, farmers secure fair prices, reduce reliance on intermediaries, and increase income while minimizing food waste. Announcing the third edition of Krishi Mangal, Harish Krishnan, Managing Director & Chief Policy Officer, Cisco India & ASEAN, said: “At Cisco, we believe in the power of an inclusive future, where technology acts as an enabler for everyone, everywhere. technology and innovation can make a big difference. Whether it’s using AI to predict weather and soil health, IoT sensors for smarter irrigation, or blockchain for better price transparency these technologies can help solve real problems on the ground. The startups in Krishi Mangal 3.0 cohort have done a great job of building and applying these innovations in truly meaningful ways. They’re not just working on technology; they’re solving real problems for farmers. This initiative is not just about agricultural innovation; it is a direct contribution to the vision of Viksit Bharat. By empowering our farmers with cutting-edge technology, we are boosting rural incomes, fostering economic resilience, and ensuring food security, all foundational pillars of a developed nation. Ganesh Neelam, Co-Founder, Social Alpha, said: “Smallholder farmers are navigating a complex web of systemic issues—from erratic monsoons and degrading soil health to rising input costs, limited infrastructure, and shrinking access to credit. Climate change continues to intensify these vulnerabilities, often pushing farming families into cycles of economic distress. At Social Alpha, we believe that deep science and technology can offer farmers new pathways to resilience. Through Krishi Mangal 3.0, we are backing entrepreneurs who are building climate-smart, farmer-first innovations that address these structural challenges and create sustainable, long-term impact.” Shri Deepak Bagla, Mission Director, Atal Innovation Mission, NITI Ayog, stated, “India has moved up the Global Innovation Index from rank 81 in 2015 to 39 in 2024. No other country of comparable size and scale has made such a significant leap in just 3,500 days. India is a land of extreme entrepreneurship, with close to 70 million MSME’s. The strength of our MSME’s lie in their ‘we will get it done’ mindset. The growth of the nation is tied to the growth of Agriculture, the primary sector in India. Through initiatives like Krishi Mangal, a new world order is being created. The innovators sitting in the room are reshaping the cost curve, which has a profound impact on agricultural progress. Each innovator is playing the role of a protagonist in bringing India to one of its most critical inflection points - not only for India but also globally, demonstrating to the world how it is done. Since its inception, Krishi Mangal has supported 12 startups across two successful editions. In the first edition, five startups deployed solutions in seven states, directly impacting over 17,000 farmers and collectively raising INR 34.8 crore in follow-on funding. The second edition enabled seven startups to deploy in six states, benefiting more than 32,000 farmers, reducing manual labour, improving productivity, lowering input costs, and enabling a cumulative increase of 14.9% in farmer incomes. Together, the first two editions have demonstrated the potential of technology-driven innovation to transform livelihoods, improve resilience, and build sustainable agricultural ecosystems. About Social Alpha Social Alpha is a multistage innovation curation and venture development platform for science and technology start-ups that address the most critical social, economic, and environmental challenges through the power of entrepreneurship and market-creating innovations. Since its inception in 2016, Social Alpha has nurtured over 350 start-ups, including 120+ catalytic grants and 100+ seed investments. Visit: https://www.socialalpha.org/ About Cisco India CSR Cisco (NASDAQ: CSCO) is the worldwide technology leader that is revolutionizing the way organizations connect and protect in the AI era. For more than 40 years, Cisco has securely connected the world. With its industry leading AI-powered solutions and services, Cisco enables its customers, partners and communities to unlock innovation, enhance productivity and strengthen digital resilience. With purpose at its core, Cisco remains committed to creating a more connected and inclusive future for all. Discover more on The Newsroom and follow us on X at @cisco Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at http://www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word 'partner' does not imply a partnership relationship between Cisco and any other company. (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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