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    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
    ACE Software Posts Earnings Turnaround; Standalone Profit Before Tax Up 43% YoY
    Rajya Sabha passes bill to tackle payment delays faced by MSMEs amid Opposition protests
    MPC's 3-day meeting begins amid expectations of status quo on interest rates
    Trane Technologies Reports Strong Second Quarter Results; Raises Full-Year Revenue and EPS Guidance
    CBN dismantles inter-state counterfeit drug network in Bihar under Operation Vajra; mastermind arrested
    DRI seizes quantities of gold; drugs, e-cigarettes and other contraband in pan-India Ops; 20 persons, including 5 foreign nationals, arrested
    Union Government releases tax devolution of ₹1,09,019 crore to State Governments, as one advance instalment to accelerate their capital and deve...
    Raymond Lifestyle Limited Delivered a stable Q1 FY27 Performance
    Rupee rises 31 paise to 95.12 against US dollar in early trade
    Customs seizes 8 kg gold worth over Rs 11 cr at Kerala airports in one week
    Drill, Baby, Drill: India to fund Rs 650 cr per well for 60 deepsea wells to break its oil import habit
    Punjab GST revenue rises 20 pc to Rs 10,447 crore in April-July: Cheema
    India-China trade through Shipli La resumes after six years
    Odisha's export can reach USD 50 billion by FY 2029-30: Study
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    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.
    August 3, 2026
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    Quarterly financial performance reflects revenue growth, improved standalone profitability, and continued investment in AI-led digital technology platforms.
    Quarterly financial performance reported revenue growth in standalone and consolidated operations, higher standalone profit before tax, and a return to consolidated profitability. The company continues to invest in an AI-led, intellectual-property-driven digital technology strategy through enterprise software, SaaS platforms, digital commerce, cloud, data and AI solutions. Its priorities include scalable platforms, proprietary technology assets, recurring-revenue offerings, partnerships and selective acquisitions. Complete financial results, notes to accounts and regulatory disclosures are available through exchange filings and the company website.
    August 3, 2026
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    MSME delayed-payment reforms strengthen award recovery, faster dispute adjudication, invoice discounting, and interim supplier payment protection.
    MSME delayed-payment reforms seek faster adjudication, strengthened recovery and improved liquidity for enterprise suppliers. Courts may direct payment of at least half of an awarded amount where a setting-aside application remains pending beyond six months. Mediated settlements and arbitral awards may be recovered as arrears of land revenue and recognised as legally enforceable debts under the insolvency framework. The measures also provide graded penalties, voluntary digital registration, invoice settlement through the Trade Receivables Discounting System, and additional Facilitation Councils.
    August 3, 2026
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    Monetary policy rate setting remains cautious as inflation, liquidity, growth and global uncertainty shape the policy stance.
    Monetary policy rate setting is expected to remain cautious amid global uncertainty, rising inflation risks and steady domestic growth. The inflation outlook is affected by energy-price pass-through, higher input costs, and seasonal and monsoon-related food-price pressures. Policy decisions are expected to remain data-dependent, guided primarily by domestic inflation, liquidity conditions and economic growth. A cautious or neutral stance is identified as preferable while external risks and inflation developments persist.
    August 3, 2026
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    Forward-looking financial disclosure raises revenue and earnings guidance while describing non-GAAP measures, capital allocation, and material business risks.
    Financial performance reporting identifies increased bookings, revenue growth, continuing earnings, and backlog, with segment-level operating and margin measures. The release addresses cash flow, capital allocation through dividends, acquisitions and share repurchases, and increased full-year revenue and earnings guidance. Forward-looking statements concerning financial performance, operations, demand, liquidity and capital deployment are subject to identified risks and uncertainties. Non-GAAP measures are presented as supplemental to GAAP measures, with definitions and reconciliations stated to be available in accompanying materials.
    August 3, 2026
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    Counterfeit drug enforcement targets illicit manufacture, storage and trafficking networks, with coordinated seizures and referral of non-narcotic stock.
    Counterfeit-drug enforcement under Operation Vajra addressed an inter-state network involved in the illicit manufacture, storage and distribution of narcotic drugs, psychotropic substances and spurious pharmaceutical products. Searches of unregistered godowns recovered narcotic products, unauthorisedly manufactured Buprenorphine injection ampoules, and counterfeit non-NDPS medicines. A farmhouse-based illicit manufacturing facility was dismantled, with machinery, chemicals and related materials seized under the NDPS Act, 1985.
    August 3, 2026
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    Anti-smuggling enforcement targets concealed gold, narcotics, protected products, prohibited e-cigarettes and restricted imports through coordinated intelligence operations.
    Intelligence-led anti-smuggling operations resulted in seizures of foreign-origin gold, narcotic drugs, hydroponic weed, protected wildlife and forest products, prohibited electronic cigarettes, and restricted poppy seeds and areca nuts. The operations identified concealment through fabricated baggage cavities, false cargo declarations, misdeclaration of origin, forged documentation, and concealment in transport vehicles. Poppy seeds are restricted under the Foreign Trade Policy and may be imported only subject to conditions concerning legally cultivated produce from designated countries and registration of import contracts with the Narcotics Commissioner.
    August 3, 2026
    Show AI Summary
    Tax devolution advance instalment strengthens State finances for accelerated capital and developmental expenditure through distribution of Union tax proceeds.
    Tax devolution was released to State Governments as an additional advance instalment alongside the normal monthly devolution schedule. The fiscal transfer shares net proceeds of Union taxes and duties with States, with the stated purpose of strengthening State finances and supporting accelerated capital and developmental expenditure. The release includes a State-wise distribution of tax-devolution proceeds.
    August 3, 2026
    Show AI Summary
    Financial performance reporting highlights revenue and EBITDA growth, garmenting recovery, retail optimisation, ESG commitments, and forward-looking risk disclosures.
    Financial performance reflects growth in total income and EBITDA, with improved margin, reduced net working-capital days, and a net-cash position. Branded textiles and high-value cotton shirting reported lower revenue due to the prior-year base effect, while branded apparel grew but faced lower margin from channel mix. Garmenting improved through order-book execution, tariff rationalisation, and new global clients. ESG priorities include female representation, waste-management initiatives, renewable energy, emissions reduction, and workplace safety. Forward-looking statements remain subject to regulatory, political, economic, and technological risks.
    August 3, 2026
    Show AI Summary
    Foreign exchange market support strengthens the rupee as lower crude prices, portfolio inflows and reserve growth improve sentiment.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar, attributed to lower global crude oil prices, a weaker dollar, sustained foreign portfolio inflows, higher foreign exchange reserves, and Reserve Bank of India presence in the foreign exchange market. Domestic equity market gains and net foreign institutional equity purchases were also identified as supporting factors.
    August 2, 2026
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    Gold smuggling detection targets sophisticated concealment methods through strengthened passenger profiling, intelligence gathering and coordinated investigations into organised networks.
    Gold smuggling detection at Kerala airports led to multiple seizures, registration of cases and arrests in alleged smuggling attempts. Organised networks reportedly use gold in paste or compound forms concealed in clothing, body cavities, aircraft seats and other unconventional locations. Enforcement measures include strengthened passenger profiling, intelligence gathering and inter-agency coordination, while investigations continue to identify associated syndicates and financiers.
    August 2, 2026
    Show AI Summary
    Offshore exploration funding supports deepwater drilling, shared infrastructure and seismic data to strengthen domestic hydrocarbon production potential.
    The Samudra Manthan National Offshore Exploration Scheme provides direct budgetary support for high-risk deepwater and ultra-deepwater exploratory drilling, subject to cost-sharing and per-well limits. Support is available to eligible operators holding or securing exploration acreage. The scheme also funds offshore data acquisition and shared subsea, receipt and processing infrastructure through a Common Hub Infrastructure model. It is intended to promote risk exploration, improve commercialisation of offshore discoveries and strengthen domestic hydrocarbon production potential within the existing exploration and licensing framework.
    August 1, 2026
    Show AI Summary
    GST compliance enforcement combines taxpayer refunds, analytics-based fraud detection, cancellation of fake registrations, and recovery of outstanding VAT arrears.
    Punjab attributed increased GST collections to voluntary compliance, intelligence-based enforcement and technology-driven tax administration, while facilitating compliant taxpayers through timely GST refunds. Data analytics, risk profiling and field verification were used to identify tax evasion, bogus billing, fake input tax credit networks and misuse of the GST registration framework. Measures included penalties, cancellation of fraudulent registrations and recovery of long-pending VAT arrears through attachment and auction of defaulters' properties.
    August 1, 2026
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    Cross-border barter trade resumes through Shipki La, subject to permitted goods, time limits, and import-export compliance requirements.
    Cross-border barter trade through Shipki La between India and Tibet resumed after a six-year interruption. Traders may exchange specified goods under a barter arrangement and must return within 72 hours. Traders are required to comply strictly with import-export regulations prescribed by the Union Ministry of Commerce, emphasising transparency and regulatory compliance. Expansion of permitted goods may be pursued through prescribed governmental and external-affairs channels.
    August 1, 2026
    Show AI Summary
    Export growth projections outline pathways for Odisha to expand merchandise trade through export diversification, MSME support and financing initiatives.
    Export growth projections for Odisha set out base, optimistic and ambitious scenarios through FY 2029-30, based respectively on historical growth, envisaged national export growth, and a larger share of national exports. Odisha's export basket remains concentrated in metals and minerals, led by aluminium products, with China as the principal export destination. Odisha Vision 2047 identifies exports, including MSME contributions, as an economic transformation driver, while export-financing and risk-mitigation initiatives aim to address financing gaps for exporters and MSMEs.

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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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