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    US' temporary 10 pc tariff set to expire on Friday unless extended or new duties announced
    PNB to establish Quantum Finance Innovation Hub in Amaravati
    Infosys veteran Ashiss Kumar Dash to succeed Salil Parekh as new CEO in 2027
    Gold falls Rs 400 per 10 grams amid surging oil prices
    PNB and Andhra Pradesh sign MoU to establish India's first Bank-led Quantum Finance Hub at Amaravati
    Govt allows FDI in inventory-based e-commerce model only for export purposes
    Joint home loans in India - interest rates start at 7.25%* p.a. for salaried applicants
    6Wresearch: India Export Attractiveness Tracker 2026
    Govt allows FDI in inventory-based model of e-commerce only for export purposes
    CRIF India Launches Chennai Chapter of 'Credit Goes to HER' to Strengthen Women's Leadership in the Credit Ecosystem
    Loan Fest 2026: Apply for a Bajaj Finance Personal Loan Online with Attractive Offers
    Rupee slips 4 paise to settle at 96.57 against US dollar
    Supertech twin towers: SC defers hearing on plea seeking refund for homebuyers
    Invest Manchester: UK-India Free Trade Agreement Opens New Doors for APAC Manufacturers
    4 Chandigarh University Law Graduates Become Judicial Officers, 244 Secure Jobs at Corporate Law Firms
    ISTITUTO MARANGONI MUMBAI PRESENTS ITS 2026 STUDENT SHOWCASE — ‘ASTITVA’
    Rupee rises 5 paise to 96.48 against US dollar in early trade
    Ministry of Statistics and Programme Implementation has put in place well-defined mechanisms to ensure timely collection and publication of official s...
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    ENERGY STATISTICS INDIA
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    July 23, 2026
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    Temporary Section 122 surcharge expiry may restore MFN treatment for Indian exports, while Section 301 tariff uncertainty continues.
    The US temporary Section 122 import surcharge on Indian goods is scheduled to expire unless extended or replaced, restoring affected imports to normal US MFN tariff treatment. Liability depends on entry for consumption or warehouse withdrawal. Section 232 national-security tariffs remain unchanged. Indian exports may still face fresh measures under Section 301 investigations into forced labour and excess manufacturing capacity, alongside potential country-specific or sectoral tariffs. The expiry may improve export competitiveness and market access, particularly for labour-intensive and MSME-driven sectors.
    July 23, 2026
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    Quantum finance innovation will advance secure digital banking through cybersecurity, fraud detection, collaborative research, workforce development and digital literacy.
    A Quantum Finance Innovation Hub is proposed to apply quantum technologies to banking through stronger cybersecurity, proactive financial-fraud detection and secure digital financial ecosystems. The initiative will bring together industry, academia, startups, research organisations and government agencies to promote innovation in quantum computing, artificial intelligence and related technologies. It also focuses on workforce development, digital literacy, public confidence in digital financial services, and technology-enabled responses to cybercrime and digital-arrest scams.
    July 23, 2026
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    Chief executive succession plan appoints a CEO designate, subject to shareholder approval, for an AI-led corporate leadership transition.
    Corporate leadership succession at Infosys is proposed through the appointment of Ashiss Kumar Dash as Managing Director and Chief Executive Officer designate from 1 April 2027. The five-year appointment is subject to shareholder approval and follows a recommendation of the Board's Nomination and Remuneration Committee. The incumbent will remain in office until the transition date and support an orderly transfer of responsibilities. The succession plan identifies the CEO designate's business, technology-delivery, client and global operations experience as relevant to AI-led transformation.
    July 23, 2026
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    Bullion market pressure intensified as rising oil prices, inflation concerns and restrictive monetary policy expectations weakened gold and silver sentiment.
    Gold and silver prices declined amid weaker global bullion trends, profit-booking, and higher crude oil prices linked to Middle East tensions. Market commentary associated the decline with inflation concerns and expectations that major central banks may sustain restrictive monetary policy for longer. Gold was described as facing near-term pressure from higher interest-rate expectations, inflation risks, and geopolitical uncertainty.
    July 23, 2026
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    Quantum finance innovation will develop secure, AI-enabled banking solutions through collaborative research, startup incubation, cybersecurity enhancement and workforce development.
    Quantum finance innovation is to be advanced through a memorandum of understanding for establishing the PNB Quantum Finance Hub at Amaravati Quantum Valley. The hub will develop, test and support adoption of secure, intelligent and future-ready banking solutions using Quantum Computing and Artificial Intelligence. It will bring together industry, academia, startups and government agencies for research, innovation, incubation and acceleration of financial technologies, focusing on cybersecurity, fraud detection, operational efficiency, risk management and customer experience.
    July 23, 2026
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    Foreign investment in inventory-based e-commerce is allowed only for exports of Indian-made goods, while domestic retail remains prohibited.
    Foreign direct investment in inventory-based e-commerce is permitted exclusively for exports of goods or products manufactured or produced in India. Restrictions on business-to-consumer and inventory-based e-commerce do not apply to these exports, subject to the Foreign Trade Policy 2023 and export regulations. Foreign direct investment in inventory-based e-commerce retailing for domestic sales remains prohibited, with the revised position taking effect upon the relevant foreign exchange notification.
    July 23, 2026
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    Joint Home Loan Eligibility and Shared Repayment Liability Shape Borrowing Capacity, Tax Claims, Documentation, and Exit Planning.
    Joint home loans allow eligible applicants to combine income for a single housing loan, while making every co-applicant fully responsible for repayment. Eligibility depends on each applicant's income, financial obligations, credit history, age, repayment capacity and property criteria. Applicants should agree on EMI sharing, ownership proportions and exit arrangements before applying, as removal of a co-applicant requires lender approval and reassessment. Co-owner borrowers may claim applicable interest and principal repayment deductions subject to ownership, contribution and income-tax requirements. Each applicant must provide separate identity, income and banking documentation.
    July 23, 2026
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    Export competitiveness increasingly depends on regulatory compliance, preferential trade access and diversification into smartphones, medicines, petroleum products and semiconductors.
    India's export potential to 2031 is centred on smartphones, polished diamonds, petroleum products and medicines, with the United States, Hong Kong, Japan, China, Singapore and the United Arab Emirates as important markets. New product opportunities include iron ore concentrates, gasoline vehicles and light petroleum oils. Although selected destinations offer duty-free or preferential access, market entry in mature markets increasingly depends on compliance with non-tariff measures, including registration, quality certification, safety documentation and product standards. Semiconductor-related manufacturing is identified as a long-term opportunity supported by expanding electronics capacity, supply-chain diversification and domestic incentives.
    July 23, 2026
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    Foreign investment in inventory-based e-commerce is permitted exclusively for exports of Indian-manufactured or produced goods under export compliance rules.
    Foreign direct investment in inventory-based e-commerce is permitted exclusively for exports of goods or products manufactured or produced in India. Foreign direct investment remains permitted in business-to-business e-commerce and the marketplace model, while business-to-consumer and inventory-based direct sales to consumers remain prohibited except for the specified export activity. Export-oriented inventory-based operations must comply with the applicable Foreign Trade Policy and foreign exchange regulations governing exports.
    July 23, 2026
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    Women's leadership in credit expands through a Chennai community platform supporting mentorship, inclusive lending practices, and financial ecosystem collaboration.
    The Chennai chapter of the 'Credit Goes to HER' initiative provides a platform for women professionals in banking, NBFCs, fintech, housing finance, academia and policy to share knowledge, obtain mentorship and collaborate on inclusive credit practices. It seeks to strengthen women's leadership and participation in the credit ecosystem while supporting responsible lending, financial inclusion, transparency and data-driven decision-making.
    July 23, 2026
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    Digital personal-loan campaign combines online collateral-free borrowing, eligibility-based assessment, flexible repayment options and conditional lifestyle rewards for successful disbursals.
    Digital personal-loan campaign permits eligible customers to apply online for collateral-free borrowing and receive specified lifestyle rewards upon successful disbursal, subject to campaign terms. Applicants may check an offer, provide personal, financial and employment information, review loan terms, complete know-your-customer and bank-account verification, and undergo assessment. Interest rates, loan amounts and repayment tenures depend on eligibility, credit profile, income and internal assessment. An EMI calculator supports comparison of repayment options and estimation of monthly instalments before application.
    July 23, 2026
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    Foreign-exchange market pressure weakened the rupee as elevated crude prices and risk sentiment drove trading conditions.
    Foreign-exchange market movement saw the rupee depreciate against the US dollar amid elevated crude oil prices linked to heightened West Asia hostilities. Weak domestic equity markets and foreign investor equity outflows contributed to negative sentiment. Market commentary indicated that prospective Reserve Bank of India intervention supported the rupee and could limit sharper depreciation, while shipping-security concerns contributed to elevated oil prices.
    July 23, 2026
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    Homebuyer refund claims in developer insolvency proceed through pro-rata distribution of funds deposited for eligible buyers.
    Homebuyer refund claims connected with demolished residential towers are being considered within the developer's insolvency proceedings. Buyers who have not opted for alternative allotment seek repayment. Eligible refunds are contemplated on a pro-rata basis from funds deposited by the Interim Resolution Professional, subject to the claims process and the availability of deposited funds.
    July 23, 2026
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    Free trade agreement tariff reductions create investment opportunities for Asia-Pacific manufacturers seeking UK and European market access.
    The UK-India Free Trade Agreement is presented as reducing tariffs on advanced machinery and manufacturing-related goods and creating trade and investment opportunities for Asia-Pacific manufacturers seeking UK and European market access. Manchester is promoted as an investment location through its advanced manufacturing cluster, skilled workforce, innovation infrastructure, international links, and available manufacturing and research space. Invest Manchester provides investor support and undertakes international engagement to develop trade, investment and innovation partnerships.
    July 23, 2026
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    Practical legal training and structured internships strengthen judicial examination preparation, professional skills, and career exposure for law students.
    Legal education employability initiatives combine curriculum alignment for judicial and competitive examinations with mentoring, legal drafting practice, research training, and professional interaction. Internships provide practical exposure to courts, judicial institutions, government bodies, law firms, advocates' chambers, corporate legal departments, and non-governmental organisations. Students in integrated and three-year law programmes complete prescribed minimum internship periods, with summer and winter placements commencing after the first year. Specialisation-based internships cover civil, criminal, corporate, cyber, intellectual property, arbitration, taxation, and government or non-governmental legal work.
    July 23, 2026
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    Student fashion showcase celebrates identity, personal storytelling, craft preservation and conscious creation through nine contemporary design collections.
    Student fashion showcase 'Astitva' presented nine contemporary collections exploring identity, belonging, transformation, memory, resilience, grief and cultural heritage through personal design narratives. The collections included a contemporary reinterpretation of Bhujodi weaving, Ajrakh block printing and Kumaoni hand-knitting, emphasising preservation of Indian craft traditions. Recognition included a designer award for the craft-revival collection and a sustainability award for a collection focused on craftsmanship, conscious creation, heirloom design and mindful luxury.
    July 23, 2026
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    Rupee exchange-rate movements face pressure from elevated crude prices and equity outflows, moderated by possible central-bank intervention.
    Rupee exchange-rate movement in early foreign-exchange trading reflected a modest appreciation against the US dollar after depreciation in the preceding session. Possible dollar sales by state-owned banks, widely viewed as central-bank intervention, and a weaker US dollar supported the currency. Elevated crude-oil prices, foreign institutional equity outflows, and negative domestic equity-market sentiment continued to create downside pressure, although expected central-bank support was considered likely to limit losses.
    July 23, 2026
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    Official statistics dissemination uses digital validation, release calendars, anonymised microdata and accessible platforms to strengthen timeliness and transparency.
    Official statistics collection and dissemination are supported through digital survey platforms with built-in validation, real-time monitoring and supervisory quality controls. Consumer Price Index, National Accounts Statistics and Index of Industrial Production data are collected, compiled or validated through specified quality and timeliness mechanisms. An Advance Release Calendar supports accountable publication, while anonymised survey microdata, stakeholder engagement and digital portals improve transparency, accessibility and use of official statistics.
    July 23, 2026
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    Official statistical modernization strengthens macroeconomic measurement through revised bases, digital surveys, validated data collection and district-level estimates.
    Official statistical methodology and National Sample Surveys are periodically reviewed to reflect changing economic conditions, emerging data needs and international standards. Base revisions for key macroeconomic indicators incorporate updated data, expanded coverage, revised weights, administrative sources and improved estimation of the unincorporated sector. Survey methods are updated through expert consultation, pilot studies and field testing. Digital collection platforms, validation checks, real-time monitoring, AI-enabled tools and multilingual interfaces support improved data quality, quicker releases, high-frequency surveys and district-level estimates.
    July 23, 2026
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    Energy statistics reporting expands with internationally aligned consumption data, energy-sector credit flows, and improved coal and electricity coverage.
    Energy Statistics India 2026 reports Total Primary Energy Supply and renewable energy potential, supporting energy policy and infrastructure planning. Its 33rd edition adds data on credit flow to the energy sector, the international energy scenario, and international marine and aviation bunker use. It aligns end-use consuming sectors for energy commodities with international standards and addresses data gaps in industry-wise coal and electricity consumption.

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      Indian Startup’s Patented Tech Promises Cancer Detection in Just One Breath

      November 1, 2025

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      Indian deep-tech startup Accubits Invent Pvt Ltd has secured a patent for its revolutionary breath-based VOC sensor, marking a major leap forward in global healthcare innovation. The technology is capable of detecting diseases like cancer, tuberculosis, and metabolic disorders within minutes — positions India at the forefront of non-invasive medical diagnostics.

      Accubits Invent’s patented sensor technology, VolTrac, represents a major breakthrough in non-invasive disease screening. The device analyzes Volatile Organic Compounds (VOCs) emitted through human breath and sweat — biological markers that reflect specific metabolic changes in the body. Every disease produces a distinct VOC signature, and VolTrac sensors can identify these molecular patterns in under 90 seconds, achieving a lab verified accuracy rate of 98.5%. They have made the disease screening device using their proprietary sensors.

      Founded by Dr. Nidhin Sreekumar, a chemical engineer, Accubits Invent originated from research on how plants communicate through VOCs, later translating this understanding to human biochemistry. Operating from the Bio360 Life Sciences Park in Thiruvananthapuram, the company integrates biotechnology, artificial intelligence, and material science to create robust diagnostic platforms.

      “VolTrac works just like a breath analyser — but instead of alcohol, it detects disease” said Dr. Nidhin Sreekumar, Co-founder and Managing Director of Accubits Invent. “By enabling early, non-invasive screening, we can save millions of lives and significantly reduce healthcare costs.” The scope of VolTrac extends across multiple domains of healthcare: • Early disease screening for conditions such as cancers, diabetes, liver disorders, neurodegenerative disorders and respiratory infections.

      • Point-of-care screening in rural or low-resource settings where traditional lab infrastructure is unavailable.

      • Continuous health monitoring for high-risk populations and post-treatment recovery assessment.

      • Public health surveillance, enabling rapid detection of outbreaks through aggregated VOC pattern analysis.

      VolTrac can be deployed in clinics, airports, schools, and telemedicine networks, making advanced screening accessible at scale.

      “India has immense potential in deep-tech research. Our mission is to harness technology for the betterment of humanity,” said Dr. Aswathy, Co-founder and expert in microbiology and formulation science.

      The story of Invent begins with a spark of curiosity inspired by Google’s 2019 April Fool’s “Google Tulip” video, which humorously suggested that plants could communicate. Instead of laughing, the team at Accubits Invent wondered if this could be made real — and began developing sensors to detect the volatile organic compounds (VOCs) that plants emit when under stress. Overcoming the limits of existing technology, they created an ultra-sensitive chemi-resistive sensor capable of detecting VOCs at parts-per-trillion levels, a breakthrough that led to a 2024 patent. This innovation evolved from monitoring plant health to revolutionizing human diagnostics and environmental safety.

      Accubits Invent has also developed DeTecX, a rapid air-quality and hygiene monitoring system tailored for hospitals and high-traffic public spaces. DeTecX detects airborne pathogens and microbial contamination within 15 seconds, issuing real-time color-coded alerts—green for safe, yellow for caution, and red for high contamination risk. This technology is designed to tackle Hospital-Acquired Infections (HAIs), which affect millions globally and often go underreported.

      “Our goal is to make healthcare environments safer,” said Karthik Chandran, Head of Operations. “DeTecX continuously monitors air quality and hygiene to prevent infections before they spread.” The scope of DeTecX also extends across multiple domains: • Agriculture & Precision Farming- DeTecX enables early detection of plant stress, pest or disease onset, and real-time assessment of ripening, perishability, and freshness to enhance crop management and post-harvest quality.

      • Industrial & Transportation Applications- DeTecX also enables vehicle cabin air-hygiene monitoring, industrial emissions tracking, and process safety assurance, with IoT connectivity for centralized monitoring, predictive maintenance, and regulatory compliance.

      Both VolTrac and DeTecX contribute to a broader vision of preventive, data-driven, and accessible healthcare. The devices offer: • Cost reduction: Eliminating expensive laboratory procedures and enabling faster turnaround.

      • Early intervention: Identifying diseases in asymptomatic or early stages, significantly improving outcomes.

      • Epidemiological value: Creating VOC-based datasets that can inform national disease surveillance and AI-driven predictive health models.

      • Sustainability: Minimizing biomedical waste through non-invasive screening.

      With its patent granted in 2024, Accubits Invent is now preparing for clinical trials and regulatory certification, targeting commercial rollout shortly. Both products are being developed to be affordably priced and scalable, ensuring deployment across hospitals, schools, community health centers, and rural outreach programs.

      With sufficient data points and unique sensor arrays, an universal olfactory system could be made, which could potentially become a physical AI system, capable of predicting any potential health issues even before any symptoms arise. This is our long term vision at Invent.

      “We’re proud to see an Indian innovation poised to transform global health diagnostics, This is Make in India — for the world” added Dr. Nidhin.

      About Accubits Invent Pvt Ltd Founded in 2020, Accubits Invent Pvt Ltd is an Indian deep-tech research company specializing in VOC-based sensing technologies, biotechnology, and AI-driven diagnostics. Operating from Bio360 Life Sciences Park, Thiruvananthapuram, the company’s mission is to pioneer affordable and scalable health technologies that bridge the gap between scientific discovery and everyday healthcare.

      (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

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