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    Cong leader Baghel alleges BJP links to Mahadev betting app after Ebix Group chairman's arrest
    ED attaches Rs 158-crore assets of Delhi hospital in PMLA probe
    Mahadev app case: Chhattisgarh court sends Ebix chairman Vikas Garg to 10-day ED custody
    Bengal seeks to leverage India-UK CETA, eyes export boost for labour-intensive sectors
    Kolkata flags off first jewellery exports to UK under CETA
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    RBI issues draft ‘Guidance on Regulatory Expectations for Data Governance’
    Govt unveils Rs 1.9 lakh cr semiconductor, mobile manufacturing push
    India-UK trade pact takes effect as Modi says deal will deepen economic ties and boost exports
    Cabinet approves two multitracking projects covering Four Districts across Odisha and Jharkhand, increasing the existing network of Indian Railways by...
    Cabinet approves National Investment Policy for Urea-2026 for Atmanirbhar Bharat (NIPU-2026)
    Cabinet approves development of 6 lane Greenfield Elevated Corridor & Ramps/Loops & Foot Over Bridge between National Highway-19 and Varanasi Ring Roa...
    Cabinet approves development of 6/4 lane Elevated Corridor along Varuna River Bank & its Ramps/Loops in Uttar Pradesh on Hybrid Annuity Model at total...
    Bajaj Finance Launches Loan Fest with Exclusive Rewards on Personal Loan Disbursal
    China's GDP growth slows sharply in second quarter, misses target
    Cabinet approves Rs 62,500 crore for Mobile Phone Manufacturing Scheme
    Cabinet okays new National Investment Policy to create 10 mn tons of fresh urea capacity
    India-UK trade pact 'new gold standard' of trade deals: UK High Commissioner Cameron
    World shares are mixed, oil prices climb as Iran threatens to block Middle East energy exports
    Raktsey Karpo, Halman apricots spearhead Ladakh's biggest export drive; LG pitches processing unit
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    July 15, 2026
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    Online betting money laundering investigation examines alleged proxy accounts, simulated salary payments, cross-border routing, and custodial investigation of the money trail.
    Money-laundering allegations concerning an online betting syndicate involve purported routing of betting proceeds through fictitious or proxy bank accounts, simulated salary payments, share-capital investments, and foreign institutional channels. An Ebix Group chairman was arrested in connection with the alleged money trail and remanded for investigation. The investigating agency states that prosecution complaints have been filed and that separate state economic-offence and central investigations address connected cases. Political-link allegations were denied, and the stated laundering assertions remain under investigation.
    July 15, 2026
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    Money laundering asset attachment addresses alleged fund diversion through false invoices, inflated construction costs, shell entities and accommodation entries.
    Provisional attachment under the Prevention of Money Laundering Act was undertaken in an alleged financial-fraud investigation involving a hospital company. The allegations concern diversion of company funds through purportedly false medical-implant invoices and inflated hospital-construction costs routed through a related company. Accommodation-entry operators and shell entities were allegedly used to conceal the origin of illicit funds. The proceeding arose from a Serious Fraud Investigation Office chargesheet against the hospital promoters.
    July 15, 2026
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    Money-laundering investigation into online betting proceeds leads to custodial remand amid allegations of layered fund routing.
    A special PMLA court remanded Ebix Group chairman Vikas Garg to Enforcement Directorate custody in an investigation into alleged money laundering linked to online betting operations. The agency alleged that betting proceeds were routed through accommodation entries, shell entities and layered transactions into entities owned or controlled by Garg, and were used to acquire shares, securities and other assets. It also alleged dissipation or encumbrance of Ebix shares and an attempt to mortgage or sell property treated as proceeds of crime.
    July 15, 2026
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    India-UK CETA tariff elimination strengthens export prospects for labour-intensive leather, jute, jewellery and agricultural products in British markets.
    India-UK CETA tariff concessions are expected to improve West Bengal's export competitiveness in the United Kingdom. Duty-free access applies to tea, mangoes and betel leaves, while import duties on jewellery have been removed. Labour-intensive leather, jute, and gems and jewellery sectors are identified as principal beneficiaries, with tariff removal also improving seafood export prospects. Further competitiveness measures are proposed to help exporters use the agreement's trade opportunities.
    July 15, 2026
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    Zero-duty market access under CETA enables Indian jewellery exporters to enter overseas markets without import tariffs.
    Zero-duty access under the India-UK Comprehensive Economic and Trade Agreement enables eligible Indian gem and jewellery exports to enter the United Kingdom market without UK import tariffs. The agreement is expected to improve market access and support value-added manufacturing, employment, skill development, and the participation of artisans, micro, small and medium enterprises, and exporters in West Bengal's gem and jewellery sector.
    July 15, 2026
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    UK-India trade agreement introduces wider market access, tariff reductions and social security arrangements to support bilateral commerce.
    The UK-India Comprehensive Economic and Trade Agreement has entered into force, providing expanded market access, tariff reduction and trade facilitation. India receives zero-duty access for nearly all exports to the UK, while UK products entering India receive duty-free or reduced-tariff treatment. The framework covers goods including textiles, leather, engineering products, food, cosmetics, alcoholic beverages and premium cars. A bilateral social security agreement has also been operationalised to support wider commercial engagement.
    July 15, 2026
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    Data governance expectations propose stronger lifecycle controls, quality standards, accountability and third-party data-sharing safeguards for regulated financial entities.
    Draft regulatory guidance on data governance proposes expectations for regulated financial entities to maintain data that is accurate, consistent, secure and fit for purpose. The framework addresses data-governance arrangements, defined roles, data architecture, metadata and data lineage, data quality, and third-party data-sharing arrangements. It applies to specified banking entities, financial institutions, non-banking financial companies, asset reconstruction companies and credit information companies, and invites stakeholder feedback on the proposed framework.
    July 15, 2026
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    Semiconductor and mobile manufacturing incentives support domestic production, component sourcing, design investment, exports and resilient electronics supply chains.
    Semicon 2.0 and the Mobile Phone Manufacturing Scheme provide manufacturing support to expand domestic electronics production, exports and local value addition. Semicon 2.0 covers chip design, equipment and materials, fabrication, advanced packaging and testing, research, and talent development, while supporting semiconductor intellectual property and critical-component manufacturing. The mobile-phone scheme provides production-linked incentives linked to eligible sales, with additional support for domestic component sourcing and Indian investment in product design and research. The measures seek to reduce import dependence and strengthen domestic critical-technology capabilities.
    July 15, 2026
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    India-UK trade liberalisation expands tariff preferences, services access and skilled professional mobility while preserving protections for sensitive domestic sectors.
    The India-United Kingdom Comprehensive Economic and Trade Agreement establishes preferential tariff treatment for goods and expands cooperation in services, digital trade, government procurement, investment and professional mobility. India retains protections for sensitive sectors through phased tariff reductions and quota-based access, while duties on British automobiles and alcoholic beverages are reduced in stages. The accompanying social-security convention exempts eligible Indian professionals temporarily assigned to the United Kingdom from simultaneous contributions in both jurisdictions, supporting skilled-worker mobility and reducing employment-related costs.
    July 15, 2026
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    Railway capacity augmentation strengthens multimodal connectivity, freight movement, operational reliability and lower-emission transport across Odisha and Jharkhand.
    Railway capacity augmentation is approved through doubling of the Paradeep-Haridaspur route and construction of a fourth line on the Rajkharsawan-Dangoaposi route. The projects aim to reduce congestion, improve railway operational efficiency and reliability, and strengthen integrated multimodal connectivity. Enhanced capacity is intended to support freight transport of coal, iron ore, dolomite, limestone and gypsum, improve regional and tourist connectivity, promote logistics efficiency, and reduce oil imports and carbon emissions.
    July 15, 2026
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    Urea investment policy promotes gas-based domestic manufacturing through transparent cost treatment, return-on-equity parameters, and foreign-exchange risk mitigation.
    NIPU-2026 provides a framework for investment in new gas-based urea manufacturing units to increase indigenous production and reduce reliance on imported urea. It separates fixed and variable costs for transparency, provides a prescribed return-on-equity band, and mitigates foreign-exchange exposure through conversion of fixed costs into Indian rupees after four years at prevailing exchange rates. The policy supports self-sufficiency through additional domestic urea manufacturing capacity.
    July 15, 2026
    Show AI Summary
    Greenfield elevated corridor development strengthens multimodal connectivity, urban decongestion, road safety and pilgrimage access through the Hybrid Annuity Model.
    Development of a six-lane greenfield elevated connector corridor between National Highway-19 and the Varanasi Ring Road has been approved under the National Highways (Original) programme through the Hybrid Annuity Model. The access-controlled corridor includes elevated road infrastructure, bridges, loops, ramps, link roads and service roads, and is intended to divert through traffic from congested urban roads. Aligned with the PM Gati Shakti National Master Plan, it integrates road, rail, air and inland-water connectivity while improving access to logistics, religious, educational and cultural destinations.
    July 15, 2026
    Show AI Summary
    Hybrid annuity corridor development advances urban decongestion, multimodal connectivity, safer travel and efficient passenger and freight movement.
    A predominantly elevated 6/4-lane link and connector corridor along the Varuna River Bank has been approved under the Hybrid Annuity Model. Comprising carriageways, flyovers, loops, ramps and service roads, it will connect NH-31 with the Varanasi Ring Road under the Varanasi Decongestion Plan. The corridor is intended to reduce congestion and travel time, improve safety and freight movement, and strengthen access to transport, economic, social and logistics nodes through multimodal integration.
    July 15, 2026
    Show AI Summary
    Personal loan disbursal incentives provide eligible borrowers reward bundles, subject to eligibility conditions, verification, assessment and applicable terms.
    Personal loan disbursal incentive campaign offers eligible borrowers an entertainment and lifestyle voucher bundle upon successful disbursal during the specified promotional period. Reward availability is conditional on customer eligibility and applicable terms and conditions. The collateral-free, digitally processed credit facility involves eligibility-based approval, review of loan terms, KYC and bank-account verification, and application assessment before disbursal.
    July 15, 2026
    Show AI Summary
    Domestic-demand weakness slows China's economic growth despite export support from artificial-intelligence technology and electric-vehicle demand.
    China's economic growth slowed in the second quarter amid weak domestic demand, property-market weakness, subdued consumer confidence and higher energy costs. Export demand, especially for artificial-intelligence technology and electric vehicles, supported foreign trade and industrial production, but underscored reliance on overseas demand. Property investment and new-home prices continued to decline, while youth unemployment remained elevated. Further support measures focused on new infrastructure could be considered as investment growth weakens and systemic risks require management.
    July 15, 2026
    Show AI Summary
    Mobile phone manufacturing incentives link eligible sales, domestic sourcing, design and research support to indigenous brands and expanded production.
    The Mobile Phone Manufacturing Scheme establishes a five-year incentive-linked framework for manufacturing mobile phones in India. It provides differentiated incentive support on eligible sales, additional support for domestic sourcing of key components and sub-assemblies, and a further incentive for product design and research and development aimed at building Indian brands. The scheme seeks to expand domestic production and exports, promote technological sovereignty, create patents, support employment, and strengthen domestic value capture in mobile-phone manufacturing.
    July 15, 2026
    Show AI Summary
    Domestic urea investment policy supports new natural gas-based capacity through subsidy-cost separation, assured returns, and foreign-exchange risk mitigation.
    National Investment Policy 2026 establishes an investment framework to add domestic natural gas-based urea production capacity and reduce import reliance. Extending the New Investment Policy 2012, it provides for separation of fixed and variable costs for subsidy calculation, assured returns for urea plant companies, and foreign-exchange risk mitigation to support investment in new domestic urea manufacturing capacity.
    July 15, 2026
    Show AI Summary
    India-UK free trade agreement expands zero-duty export access and reduces duties on specified United Kingdom goods.
    The India-UK Comprehensive Economic and Trade Agreement entered into force with zero-duty market access for nearly all Indian exports to the United Kingdom. It is expected to support sectors including textiles, leather, gems and jewellery, engineering goods, marine products, chemicals and processed foods. A bilateral social security agreement has also become operational. The arrangement reduces Indian import duties on specified United Kingdom goods, including Scotch whisky and premium UK-built cars.
    July 15, 2026
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    Middle East energy export disruption risks raise oil prices and unsettle global equity markets amid renewed conflict.
    Middle East energy-export disruption risks increased following renewed conflict and a threatened halt to regional oil and gas exports amid a blockade of Iranian ports. Concerns over the security of shipping through the Strait of Hormuz contributed to higher oil prices and reduced Gulf traffic flows, reflecting the potential for wider interruption of energy transportation. Global equity markets showed mixed movements as investors assessed escalating conflict, oil-supply disruption, inflation data and corporate earnings.
    July 15, 2026
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    Apricot export facilitation enables overseas market access through exporter-managed supply chains, cold-chain transport, and proposed local processing capacity.
    Apricot export facilitation for Ladakh's indigenous Raktsey Karpo and Halman varieties is being implemented through an agreement under which exporters manage harvesting, sorting, grading, packing, transportation and marketing. Administrative measures include transport monitoring, expedited transit arrangements and cold-chain support for perishable produce. A proposed apricot processing unit is intended to improve value addition, address short shelf life and support smoother exports while reducing post-harvest losses.

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      Adoor Gopalakrishnan Launches Radha Chadha's 'The Maker of Filmmakers' at FTII Pune, Alongside Eminent Alumni and Filmmakers

      October 17, 2025

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      The book unveils the untold story of Jagat Murari, the man who 'made' Jaya Bachchan, Shabana Azmi, Subhash Ghai, Adoor Gopalakrishnan, Mani Kaul and numerous other filmmakers at FTII. PUNE, India, Oct. 17, 2025 /PRNewswire/ -- Adoor Gopalakrishnan, the legendary film director and FTII alum, officially launched The Maker of Filmmakers, the book on his guru Jagat Murari, the man who built FTII from the ground up. Published by Penguin India, the book is written by author Radha Chadha, who, as Mr. Murari's daughter, grew up on the FTII campus. "If the Film Institute has come to earn fame and name, it was all due to my venerated Principal sir, Jagat Murari sir," said Adoor Gopalakrishnan, who was the Chief Guest of the evening. Talking about the book, he said, "The whole story, you know, it's told like it's in a novel.... it is so beautifully written." He called Jagat Murari his "mentor" and "father figure", a sentiment echoed by many other alumni who were present. Adoor added, "Our principal, Murari saheb, richly deserved a book. It couldn't have been written by anybody else…It is a daughter's loving tribute to her great father." Members of India's film and academic communities converged at the Film and Television Institute of India (FTII) for the official launch of The Maker of Filmmakers. The much-awaited book, written by author Radha Chadha, shines light on Jagat Murari, the man who shaped a generation of iconic filmmakers at FTII. Amidst a hall filled with students, faculty, and renowned alumni, the event became both a tribute and a reunion. "Such well-researched books sometimes become very boring, but this read like a thriller," said Dhiraj Singh, Vice Chancellor of FTII, during his speech. "The good thing about this book is that it is one of the most thoroughly researched books – and I'm not saying this lightly. I have been trained in research in some of the best institute's in the world, and the kind of research that has gone into this book is truly world class." Talking about her journey of writing The Maker of Filmmakers, Radha Chadha said, "Initially, I set out to write his biography as a straightforward story of his life. But pretty soon I realized that I could not tell his story without telling that of FTII. Like twin strands of DNA, they twisted around each other. He made the Institute, the Institute made him." Through her father's journals, Radha discovered a treasure trove of archival materials he had left behind. She added, "He only saw limitless opportunity, or as he put it, 'The Film Institute is an effort to dream up the future of Indian cinema, and to make it a practical reality.'" "It's very easy to make films. It's very difficult to make a good film," Adoor noted during the panel discussion with Dhiraj Singh and Radha Chadha, words that capture the standard of excellence Jagat Murari sought to instil at FTII. Adding to these voices were distinguished FTII alumni from the 1960s–70s, including actor Paintal, sound designer Narinder Singh, filmmaker Arunaraje Patil, cinematographer R.M. Rao, the late and legendary K.K. Mahajan's wife Praba Mahajan, and directors Parvati Menon, Chandrashekher Nair, and Sudhir Tandon. Ambassador Talmiz Ahmed tied the evening together with a vivacious address, recalling the energy of FTII's golden years shaped by Jagat Murari. "What an extraordinary exposure that we had. Every part of this Institute that we had was shaped by my father's closest friend, Mr. Jagat Murari…It is very rare for us to get a book that tells you how an institution grew and became what it is. We are looking at the story of about sixty years – sixty years in the making," he said. In chronicling Jagat Murari's life and influence, Radha Chadha's The Maker of Filmmakers does more than tell a singular story. It celebrates the spirit of Indian cinema itself. About the Book When Jagat Murari, a young film student in post-war America, found himself at the feet of one of cinema's true giants—Orson Welles—during the making of Macbeth in 1947, the lessons he absorbed on that set shaped not only his future but the future of Indian cinema. Returning to a newly independent India, Jagat went on to build the Film and Television Institute of India (FTII) from the ground up. In The Maker of Filmmakers, Radha Chadha offers an intimate and meticulously researched portrait of her father—a celebrated documentary filmmaker—and the iconic film school he built. With uncanny consistency, FTII turned out top talent—Jaya Bachchan and Shabana Azmi, Adoor Gopalakrishnan and Subhash Ghai, Shatrughan Sinha and Mani Kaul, and other cinema legends. His alumni became the leading names of Bollywood and beyond. They spearheaded the Indian New Wave, kick-started regional language cinema and helped usher television into the country. How did Jagat go about 'making' such extraordinary filmmakers? What was his secret formula? A gripping story of ambition, adversity and artistic brilliance—richly illustrated with rare photographs—The Maker of Filmmakerspaints a vivid picture of how one man's vision and determination helped turn Indian cinema into the global powerhouse it is today. About the Author Radha Chadha is an author, columnist, speaker and one of Asia's foremost experts on marketing and consumer insights. Her book The Cult of the Luxury Brand: Inside Asia's Love Affair with Luxury was a bestseller, and is the go-to book for understanding luxury in Asia. After two decades at top advertising agencies—Ogilvy, JWT, Grey and Bates Asia—she founded her own brand consultancy in Hong Kong. For over a decade, Radha also wrote a widely read column for Mint, one of India's leading business newspapers. She holds an MBA from the Indian Institute of Management, Ahmedabad, and a BA from St Stephen's College, Delhi. Radha grew up on the campus of the Film and Television Institute of India, where her father, Jagat Murari, shaped a generation of filmmakers. The Maker of Filmmakers: https://amzn.in/d/6mGH3kt Media Manager Ritesh Verma +91 88604 08458 [email protected] Photo - https://mma.prnewswire.com/media/2798308/MOFM.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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