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    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
    Andhra records 21 per cent growth in net GST collections till July
    J&K crime branch chargesheets accused in separate bank, insurance fraud cases
    MCD-facilitated PM Vishwakarma Scheme enrols over 41,000 artisans in Delhi
    Gross GST mop-up grows 15.4 pc to over Rs 2.11 lakh cr in July on higher imports, sales
    Gross and Net GST revenue collections for the month of July, 2026
    India and Rwanda Hold First Joint Trade Committee Meeting to Deepen Bilateral Trade and Investment Cooperation
    West Bengal GST collection rises 2 pc in July to Rs 5,564 crore
    Gross GST collection kitty swells 15.4 pc to over Rs 2.11 lakh cr in July
    RBI says USD 40.82 bn mobilised under forex swap facility till Jul 31
    Sebi bars ZEEL for 2 months, Subhash Chandra, Punit Goenka for 1 year in Hyderabad land pledge case
    Department of Commerce Holds Workshop on Trade and Sustainable Development Policy Landscape
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    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
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    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
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    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
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    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
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    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
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    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
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    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.
    August 1, 2026
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    GST compliance enforcement through AI analytics supported sustained net GST collection growth despite rate rationalisation reforms and reduced compliance costs.
    GST revenue mobilisation in Andhra Pradesh showed year-on-year growth in net GST and total commercial tax collections through July 2026, despite rate-rationalisation reforms. Revenue growth was attributed to AI-based scrutiny and analytics, machine-learning risk scoring, AI-driven IGST reversals, UPI-based enforcement analytics, data sharing, predictive analytics, registration verification, and Aadhaar-integrated expansion of the professional-tax base. These measures were stated to strengthen compliance, curb wrongful input tax credit claims, broaden taxpayer coverage, and improve revenue mobilisation.
    August 1, 2026
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    Economic-offences fraud chargesheets address alleged fictitious loans, forged insurance surrender papers, and diversion of bank and policy funds.
    Economic-offences chargesheets were filed in separate alleged bank and insurance fraud matters. The bank investigation alleged fictitious loan sanctions and overdrafts beyond delegated authority, involving cheating, forgery, use of forged documents and criminal conspiracy. The insurance investigation alleged that duplicate policy records and forged surrender documents were used to open a fraudulent account in a policyholder's name and divert policy proceeds. Records, witness statements, documentary evidence and forensic examination were cited in support of the allegations.
    August 1, 2026
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    PM Vishwakarma Scheme implementation expands artisan enrolment, skills, credit, e-commerce access and export facilitation while addressing documentation barriers.
    PM Vishwakarma Scheme implementation in Delhi facilitated artisan enrolment, application processing, skill training, toolkit distribution, loan access, e-commerce onboarding and export-related support. Awareness workshops and tele-calling campaigns were used to promote participation and follow up on benefits. Key implementation challenges concerned outreach to informal clusters, digital literacy, delays in Aadhaar and IEC documentation, and additional support for Divyang artisans. Planned action includes expanding workshops, scaling e-commerce onboarding, strengthening export facilitation and coordination with implementing agencies.
    August 1, 2026
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    Goods and Services Tax collections rise on domestic consumption and imports, while elevated import revenue prompts assessment of underlying drivers.
    Goods and Services Tax collections for July increased over the corresponding prior-year period, supported by domestic sales and imports. Gross receipts included Central GST, State GST and Integrated GST, with net GST revenue calculated after adjusting refunds. For the April-July period, gross and net collections also increased. Commentary linked domestic GST growth to consumption, formalisation and industrial activity, while identifying elevated import GST collections as an area requiring assessment of import composition, currency effects and volumes.
    August 1, 2026
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    GST revenue collections show provisional gross, refund and net revenue trends, with State-wise settlement and domestic collection data.
    GST revenue collections for July 2026 are reported provisionally through gross domestic and import revenue, domestic and export-related refunds, and net GST revenue after refunds. The data also sets out SGST collections and the SGST share of IGST settled to States and Union Territories, both monthly and cumulatively. State-wise domestic GST growth excludes GST on imported goods, while jurisdiction-wise data allocates collections between central and State formations and identifies CGST, SGST and IGST components.
    August 1, 2026
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    Bilateral trade cooperation expands through a Joint Trade Committee covering investment, critical minerals, healthcare, digital technologies and market access.
    Bilateral trade and investment cooperation between India and Rwanda is to be advanced through a structured Joint Trade Committee mechanism for reviewing commerce, diversifying trade, promoting investment, facilitating business engagement and addressing market-access and logistical issues. Priority cooperation includes critical minerals, pharmaceuticals and healthcare, agriculture and agro-processing, standards harmonisation, digital public infrastructure, fintech, cybersecurity, green mobility and renewable energy. Investment focal points will support engagement, while capacity-building assistance and close monitoring of the Agreed Minutes are intended to support time-bound implementation.
    August 1, 2026
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    GST collection growth in West Bengal continued year-on-year in July but remained below the national growth trend.
    West Bengal's July GST collection increased year-on-year and over the preceding month, marking a second consecutive month of annual growth. Official data also indicated that the State's annual growth rate was below the national trend, while gross domestic GST revenue excluding imports and overall gross GST collections including import-related taxes rose nationally during July.
    August 1, 2026
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    GST collection growth reflects higher revenue mobilisation from domestic transactions and imports, with refunds adjusted in net revenue.
    Goods and Services Tax collections increased in July, driven by higher revenue from domestic transactions and imports. The gross collection comprised Central GST, State GST and Integrated GST components. Refunds also increased during the month, and net GST revenue was determined after adjustment of refund outflows from gross tax receipts.
    August 1, 2026
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    Concessional foreign-exchange swaps encourage bank deposits and foreign borrowings to strengthen balance-of-payments resilience and foreign-exchange liquidity.
    The Reserve Bank of India introduced a concessional foreign-exchange swap facility to encourage foreign-currency inflows, strengthen the balance of payments and support foreign-exchange liquidity. The facility applies to fresh Foreign Currency Non-Resident (Bank) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings. Foreign Currency Non-Resident (Bank) deposits constitute the principal source of inflows mobilised under the arrangement. The facility is available for specified time-bound periods, with a later availability period for Overseas Foreign Currency Borrowings and External Commercial Borrowings.
    August 1, 2026
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    Unauthorised pledge of listed-company land triggered securities-market bars for disclosure failures and misuse of management authority.
    Unauthorised pledge of ZEEL's Hyderabad land as security for loans obtained by promoter-linked entities was treated as a related-party transaction lacking prior audit committee approval. ZEEL failed to disclose the land's deployment in its financial statements. Its Chairman Emeritus was stated to have transferred title deeds by falsely representing management approval and to have concealed the transaction's nature. Securities-market prohibitions and monetary penalties were imposed with immediate effect.
    August 1, 2026
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    Trade and sustainable development policy integrates carbon regulation, sustainability standards and domestic frameworks to strengthen trade competitiveness and preparedness.
    Trade and Sustainable Development policy was examined in relation to international trade disciplines, sustainability regulation and India's trade strategy. Discussions considered carbon markets, carbon pricing, carbon border adjustment measures, sustainability standards and regulatory cooperation, and their implications for trade and industrial competitiveness. Domestic mechanisms, including the Carbon Credit Trading Scheme, Indian Carbon Market, Extended Producer Responsibility framework, and accreditation and conformity assessment systems, were considered for strengthening preparedness for emerging sustainability-related trade disciplines.

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      Best CAT Online Coaching in India: Why iQuanta Tops the List

      October 31, 2025

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      New Delhi [India], October 31: Cracking one of India’s toughest and most competitive management entrance exams – CAT – demands not just hard work but also consistency, conceptual clarity, strategy, and the right guidance. With digital education taking over the traditional classroom, finding the best CAT online coaching in India is not that easy for the aspirants. Among the online available platforms, iQuanta has emerged as a trusted brand, not just because of its results, but because of the offerings it gives to its students, which include the largest peer-to-peer community, a teaching approach, relevant resources and an innovative student-driven learning model. Further in this blog, we’ll explore why iQuanta is considered the best CAT online coaching in India and what makes it stand out. iQuanta: India’s Leading CAT Platform iQuanta’s journey started on Facebook, where Indrajeet Singh (founder) solves CAT aspirants’ doubts for free. What started as a small online group soon turned into India’s largest online CAT preparation community. Students were amazed by not just his clarity of concepts but also the speed of doubt-solving that became iQuanta’s signature strength. Over time, this community evolved into a learning platform of 4 lakh+ aspirants who prepare for CAT and other MBA entrance exams like XAT, SNAP, NMAT, and IIFT. What sets iQuanta apart from other coaching platforms is its “doubt-solving within minutes” model. You shoot a doubt, and it will get solved instantly within minutes. Why iQuanta is the Best CAT Online Coaching in India Unlike traditional courses that focus on video lectures and static materials, iQuanta has built a two-way interactive learning ecosystem. Let’s break down what makes it the best online CAT coaching in India: Dual Pedagogy Model: Concept + Application iQuanta’s teaching model is based on two pillars: • Conceptual Live Classes wherein detailed topic-wise conceptual lectures for VARC, LRDI, and QA are carried out. • Application-Based Classes wherein practice sessions are designed to help students apply the learnt concepts in CAT-level questions. 24*7 Doubt Solving: Instant Doubt Solving Anytime, Anywhere The 24*7 doubt-solving assistance is iQuanta’s biggest differentiator. Every aspirant who joins iQuanta becomes part of a dedicated community where doubts are answered by mentors and peers within minutes, and that too 24*7. This real-time doubt-solving tool allows students to learn without getting stuck in between and creates a fast-paced, motivating environment that maintains consistency throughout the CAT preparation journey. CAT Mock Test Series & AI Mock Analysis A full-length iCAT Mock Series is designed by iQuanta’s top CAT mentors as per the latest CAT exam patterns, giving students a real exam-like environment. Students are also offered to solve sectional mocks for Quant, VARC, and LRDI, which helps in tracking progress in each section and knowing weaker areas individually. iQuanta’s AI-powered mock analysis gives detailed insights into students' performance. After each attempted mock, the AI-based system provides section-wise performance, strength & weakness mapping, time spent per question, and percentile analysis. This helps students in understanding the areas of improvement and strategising further. Largest Learning Community of 4 Lakhs+ Students One of the major advantages of joining iQuanta is being part of India’s most active CAT preparation community, where students can discuss problems, share strategies, and celebrate together – something that keeps them motivated throughout their CAT preparation journey. Meet iQuanta’s Top CAT Mentors The success of iQuanta lies in its experienced mentors who simplify CAT-level concepts and guide students personally. iQuanta was founded by Indrajeet Singh, also called the “Wizard of Quants”, and is known for breaking down complex problems into simple logic. Other top CAT faculties at iQuanta are Kamal Lohia (99%iler, Quant & LRDI expert), Abhishek Leela Pandey (99.9%iler, Quant & VARC expert), Raj Kumar Jha (6 times 100%iler, Quant expert), and Shabana (99.5%iler, VARC expert). Their personalised mentorship and motivational sessions help students stay consistent even during the toughest phases of the CAT preparation. Customised Modules for Engineers and Non-Engineers iQuanta’s one of the unique features is its customised modules for engineers and non-engineers. This student-driven approach of iQuanta’s mentors is remarkable and should be applauded. • The Engineers Module is designed for those students who struggle with the LRDI and VARC sections; as engineers, their math basics are usually good. The focus of iQuanta’s engineer module is basically on strengthening RCs, verbal reasoning, and LRDI, along with ensuring speed and accuracy. • The Non-Engineers’ Module helps students overcome their maths anxiety and build their confidence level step-by-step. iQuanta’s Non-Engineers’ module starts with building the basics of the Quant section and gradually moves towards higher CAT-level concepts. LRDI Essentials The LRDI (Logical Reasoning and Data Interpretation) section has become the most challenging part of the CAT in recent years. To overcome this, iQuanta introduced the LRDI Essentials, a program designed to improve analytical thinking, pattern recognition, and time management. This module provides shortcut techniques to improve speed and accuracy, and also provides regular LRDI marathons. Proven Track Record with IIM Conversions iQuanta’s proven track record speaks volumes. In CAT 2024, more than 20 questions were directly from iQuanta’s sessions. More than 500 students of iQuanta have secured above 99%ile in CAT 2024 and got admission into IIM Ahmedabad, Bangalore, Calcutta, and Lucknow, proving that it is not wrong in calling iQuanta the best CAT online coaching in India. This success came from iQuanta’s student-driven preparation model, which focuses on concept clarity, daily practice sessions, and performance tracking. Beyond Classes: Additional iQuanta Offerings To provide an all-round learning experience, iQuanta also offers: • Daily practice questions and sectional tests • Concept PDFs and revision notes • CAT Toppers’ strategy sessions • WAT-GD-PI mentorship after CAT results • Profile-building support for IIM shortlists These add-ons ensure that students are guided right from their mock test to their final interview, making iQuanta the best CAT online coaching in India. So Start Your CAT Prep With the Best CAT Online Coaching When it comes to CAT online preparation, very few online platforms deliver the best and most consistent results, genuine mentorship, and peer-to-peer support like iQuanta. From its 24*7 doubt-solving assistance and AI-driven tool to affordable, interactive courses, iQuanta ensures that every aspirant—whether a college student or a working professional, whether an engineer or a non-engineer—gets the best guidance and mentorship. If you are serious about cracking the CAT and looking for the most trusted, engaging, and effective learning experience, iQuanta is undoubtedly the best CAT online coaching in India. Get access to live classes, AI mock tests, LRDI essentials, and personal guidance from India’s top mentors—all in one platform. (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI

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