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    IndoStar Capital Finance Limited Q1FY27 Disbursements ₹ 1,235 crore up 44% vis-à-vis Q1FY26
    Global gold demand flat at 1,269 tonnes in June quarter, says WGC
    MCD to launch 5-year PPP policy to modernise school stadiums, offer free sports coaching
    Piramal Pharma Limited Announces Results for Q1 FY27
    Advisory on Keeping on Hold the Proposed e-Way Bill Enhancements
    Innovation, Startups, MSMEs and Quality Manufacturing are Pillars of India's Future Growth: Shri Piyush Goyal at 22nd J.R.D. Tata Memorial Lecture
    UP ATS nabs kingpin of fake document racket from West Bengal
    Calcutta HC says voter ID, Aadhaar, PAN not proof of Indian citizenship
    Corporate Mitra Scheme Awareness Webinar organized by IICA Shillong, Ministry of Corporate Affairs witnessing overwhelming participation of youth and ...
    CCI approves amalgamation of Go Digit Infoworks Services, holding company of Go Digit General Insurance Ltd, with Go Digit General Insurance Ltd, such...
    CCI approves acquisition of units of Oaktree capital group Holdings, L.P. (OCGH), and Oaktree Equity Plan, L.P. (OEP) by Brookfield Asset Management L...
    Assam Exports First International Consignment of Purabi Ice Cream to Bhutan
    Building Deep and Resilient Financial Markets for a Viksit Bharat - Keynote Address delivered by Shri Rohit Jain, Deputy Governor at the Financial Ins...
    RBI issues Draft (Securitisation Transactions) Amendment Directions
    Rupee rises 5 paise to 95.77 against US dollar in early trade
    Woman GST officer, consultant caught taking Rs 60,000 bribe in Maharashtra's Jalna
    Zelenskyy has 'good meeting' with Trump at White House as he seeks more cooperation with US
    Creation of separate ministry infused new energy in India's cooperative movement: Amit Shah
    Railways operates first-ever direct freight train from Kolkata Port to Nepal's Biratnagar
    Haryana Cabinet approves housing, EV, MSME and governance reforms
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    July 30, 2026
    Show AI Summary
    Secured retail lending growth accompanied enhanced credit controls, digital lending processes, and branch expansion by a middle-layer non-banking finance company.
    IndoStar Capital Finance Limited, a middle-layer non-banking finance company registered with the Reserve Bank of India, reported growth in secured used-vehicle finance and micro loans against property for the quarter ended June 30, 2026. It reported higher disbursements, assets under management and net interest income, alongside a lower weighted average cost of funds. The company also stated that it strengthened underwriting, customer-selection filters, scorecards and early-warning systems, while advancing electronic lending processes and expanding its branch and micro-loans-against-property network.
    July 30, 2026
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    Gold demand trends show central bank buying and OTC investment offsetting weaker ETF and jewellery demand.
    Global gold demand remained broadly unchanged during the April-June quarter, with reduced gold exchange-traded fund, bar and coin investment offset in part by over-the-counter investment supported by Asian investors. Central banks and official institutions increased net additions to gold reserves, while high prices reduced jewellery volumes and encouraged demand for lighter products. Total supply was unchanged as increased mine production was offset by lower recycling. Investment is expected to drive future demand, while high prices may continue to constrain jewellery demand and recycling.
    July 30, 2026
    Show AI Summary
    Sports infrastructure PPP framework enables private stadium operation while requiring free coaching, child protection compliance, and student performance tracking.
    The PPP framework permits private operators to modernise, operate and maintain school sports stadiums at their own cost, while providing free organised sports training to enrolled students. Operators may commercially offer paid coaching and facilities to external users outside school hours, subject to student-related obligations. Selection is based on technical eligibility and detailed evaluation of sports, PPP, operational and technology capabilities. Agreements have an initial five-year term, with possible extension based on performance, mutual consent and public interest. Child-protection compliance, bank-routed transactions and disqualification for insolvency or statutory and child-safety violations apply.
    July 30, 2026
    Show AI Summary
    Quarterly financial reporting highlights operational growth, FDA inspection compliance, product integration, and prior insolvency proceeds in pharmaceutical operations.
    Quarterly financial reporting records revenue growth and improved EBITDA performance across CDMO, Complex Hospital Generics and Consumer Healthcare operations. CDMO growth was linked to order inflows, higher capacity utilisation, pricing discipline and commercial expansion, while quality compliance included an Establishment Inspection Report for the Sellersville facility and continued Zero Official Action Indicated status. The prior-year exceptional item related to one-time insolvency proceeds from a supplier claim filed before the NCLT. Consumer Healthcare growth was attributed to power brands, e-commerce, premiumisation, pricing and cost optimisation.
    July 30, 2026
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    Proposed e-Way Bill enhancements remain on hold, with no production changes required pending further communication.
    Proposed e-Way Bill enhancements have been kept on hold until further notice. Stakeholders are not required to make production-environment changes pursuant to the earlier advisories concerning those enhancements. The related advisories and FAQs are to be withdrawn from the GST Portal pending further communication.
    July 30, 2026
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    Innovation-led industrial growth promotes deep-tech investment, startup commercialisation, technology-enabled MSMEs, quality manufacturing and global market expansion.
    Innovation-led industrial growth is linked to deep technology, research and development, skilled manpower, startups, MSMEs and globally competitive manufacturing. Public initiatives include long-term risk capital for emerging technologies, affordable computing capacity and semiconductor investment support. Startups are encouraged to move from prototypes to commercialisation through industry adoption and early domestic investment. Manufacturing and MSME policy emphasise technology adoption, automation, productivity, branding and uncompromising quality. Free Trade Agreements are presented as supporting global market access and export expansion.
    July 29, 2026
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    Fraudulent Aadhaar enrolment allegations involve forged supporting documents, misuse of operator credentials, remote access, and continuing investigation.
    Forgery of Indian identity and supporting documents is alleged in an interstate racket using false birth, domicile and school certificates to obtain Aadhaar cards for foreign nationals. The racket allegedly misused authorised Aadhaar enrolment operator login credentials and used virtual private networks and remote access to enrol applicants. The alleged mastermind was arrested, and investigation, including proposed custodial interrogation, remains ongoing.
    July 29, 2026
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    Citizenship proof requires more than identity, tax, electoral or banking records when nationality remains unestablished.
    Voter identity cards, Aadhaar cards, PAN cards and bank-account records were treated as non-conclusive proof of Indian citizenship. The petitioner and detainee were required to establish citizenship under the Immigration and Foreigners Act, 2025, and an appeal against deletion from electoral rolls did not itself satisfy that burden. The inability to identify the burial locations of the detainee's parents prevented proposed DNA-based verification and supported an adverse inference concerning their citizenship.
    July 29, 2026
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    Corporate Mitra Scheme builds local compliance professionals to strengthen MSME regulatory, financial, taxation, accounting and governance support.
    The Corporate Mitra Scheme develops qualified and accredited para-professionals to provide MSMEs with accessible, affordable compliance and business-support services. Corporate Mitras are intended to assist enterprises with regulatory compliance, finance, taxation, accounting and governance-related requirements, enabling MSMEs to focus on innovation, expansion and growth. IICA Shillong serves as the nodal agency for Northeast regional coordination, stakeholder liaison, promotion and awareness, with regional participation encouraged through reserved course seats and a fee concession.
    July 29, 2026
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    Amalgamation of Go Digit Infoworks with Go Digit General Insurance approved, with the general insurer continuing as surviving entity.
    The Competition Commission of India approved the amalgamation of Go Digit Infoworks Services Private Limited, the holding company of Go Digit General Insurance Limited, with Go Digit General Insurance Limited as the surviving entity. Infoworks has no present market-facing business activities. Go Digit General provides general and health insurance products and services in India, with a specialised focus on general insurance.
    July 29, 2026
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    Competition approval enables Brookfield's indirect acquisition of Oaktree entities, combining alternative investment management businesses.
    Competition approval was granted for Brookfield Asset Management Ltd. to indirectly acquire units in Oaktree Capital Group Holdings, L.P. and Oaktree Equity Plan, L.P., resulting in the acquisition of the Oaktree operating group of entities. Brookfield Asset Management is a global alternative asset manager, while the Oaktree group provides alternative investment management services.
    July 29, 2026
    Show AI Summary
    Processed dairy exports to Bhutan expand through compliance support, market access facilitation, and planned diversification of longer-shelf-life products.
    Processed dairy exports from Assam to Bhutan commenced with a Purabi Ice Cream consignment exported by North East Dairy and Foods Limited and manufactured through Assam's cooperative dairy network. The Agricultural and Processed Food Products Export Development Authority supported export documentation, regulatory compliance, market access and stakeholder coordination. The initiative seeks to expand value-added dairy exports from the North Eastern Region, with plans to introduce longer-shelf-life products and increase exports according to market demand.
    July 29, 2026
    Show AI Summary
    Financial-market depth requires reliable liquidity, risk transfer, transparent products and shared institutional responsibility for resilient long-term financing.
    Financial-market depth requires reliable liquidity and price discovery, efficient risk distribution, and diverse, meaningful participation across market conditions. Government and corporate bond markets, money markets, and foreign exchange and derivative markets should channel long-term savings into investment and enable management of interest-rate, currency and credit risks. Product innovation must serve genuine needs and be supported by suitability assessments, transparent disclosure, fair pricing, independent valuation and user risk-management capacity. Regulators, market institutions, issuers, investors and infrastructure providers share responsibility for resilient, transparent and trusted markets.
    July 29, 2026
    Show AI Summary
    Securitisation Note amendments seek stronger issuance efficiency, liquidity and transparency, with stakeholder consultation invited on proposed directions.
    Draft amendments to securitisation transaction directions seek to improve the efficiency, liquidity and transparency of issuing and subsequently transferring Securitisation Notes. The proposals apply to commercial banks, small finance banks, non-banking financial companies and all India financial institutions. Public and stakeholder comments are invited through the designated regulatory consultation platform or alternatively by post or email.
    July 29, 2026
    Show AI Summary
    Rupee appreciation reflected weaker dollar conditions, equity inflows, crude oil movements and positive domestic market sentiment.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar. A weaker US dollar, lower crude oil prices relative to earlier levels, positive domestic equity sentiment, and foreign institutional investors' net purchase of Indian equities were identified as key influences. The dollar index weakened ahead of a monetary policy announcement, while crude prices rose amid renewed geopolitical tensions. Domestic benchmark equity indices also advanced in early trade.
    July 29, 2026
    Show AI Summary
    Input Tax Credit unblocking allegedly involved illegal gratification, prompting a trap operation and apprehension of the officer and consultant.
    Alleged bribery connected with unblocking Input Tax Credit arose after an electronics trader received a show-cause notice and had its ITC blocked. A private tax consultant allegedly conveyed that a State GST officer demanded illegal gratification for unblocking the credit and encouraged the trader to settle the demand. Following a complaint, a trap operation allegedly led to the apprehension of the officer and consultant, with further legal action in progress.
    July 29, 2026
    Show AI Summary
    Defence production licensing and Russian energy sanctions shaped discussions on Ukraine's security capacity, missile supply and diplomatic engagement.
    Ukraine-US discussions addressed licences for domestic Patriot defence-system production, wider defence-production cooperation, technology exchange and missile supply funded through European resources. Ukraine also sought support for a sanctions bill designed to increase economic pressure on Russia by imposing tariffs on goods from major purchasers of Russian oil and gas and by sanctioning Russian leaders, financial institutions and energy projects. The proposed defence-production licence was identified as a longer-term measure, alongside calls for renewed diplomatic engagement.
    July 29, 2026
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    Cooperative-sector modernisation strengthens rural finance through expanded credit societies, online audits, institutional connectivity and technology-enabled cooperative banking.
    Cooperative-sector modernisation is presented as a mechanism for strengthening rural institutions, farmer prosperity and the rural economy. The separate Ministry of Cooperation provides an administrative, legal and policy framework for the cooperative movement. Key initiatives include establishing new primary agricultural credit societies and dairy cooperative societies, expanding business activities for primary agricultural credit societies, online auditing, and connecting cooperative institutions. District cooperative banks are described as important institutions for meeting the financial requirements of expanding service and dairy cooperative societies.
    July 28, 2026
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    Direct containerised rail freight movement enables seamless Kolkata Port-to-Biratnagar cargo transport without border transshipment under revised transit arrangements.
    Direct containerised rail freight movement between Kolkata Port and Biratnagar Customs Yard has commenced under the revised India-Nepal Rail Transit Protocol. The service enables end-to-end commercial rail carriage without border transshipment through the Jogbani-Biratnagar broad-gauge connection. Implementation of the revised Letter of Exchange operationalises direct commercial rail access, intended to reduce transit time, logistics costs and cargo handling while improving supply-chain efficiency, reliability and cross-border trade.
    July 28, 2026
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    State governance reforms expand housing relief, local audits, MSME support, property records, welfare measures and clean-vehicle tax incentives.
    The reforms provide concessional stamp duty and registration charges for eligible Economically Weaker Section housing beneficiaries, a statutory local-audit framework, and incentives for MSMEs and exports. They also establish rules for ownership records in Lal Dora areas and introduce a formula-based urban property-tax assessment framework with exemptions. Welfare measures cover compensation for specified unnatural custodial deaths, ex-Agniveer reservation, and compassionate appointments. Motor-vehicle tax measures provide a rebate for qualifying vehicles registered in women's names and exemptions for new electric vehicles.

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      Democrats dominate as economic woes take toll on Trump's GOP. Takeaways from Election Day 2025

      November 5, 2025

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      Washington, Nov 5 (AP) Democrats are dominating the first major Election Day since President Donald Trump returned to the White House.

      And while a debate about the future of the Democratic Party may have only just begun, there are signs that the economy — specifically, Trump's inability to deliver the economic turnaround he promised last fall — may be a real problem for Trump's GOP heading into next year's higher-stakes midterm elections.

      Democrats on Tuesday won governor's races in Virginia and New Jersey, the only states electing new chief executives this year. They also swept a trio of state Supreme Court contests in swing-state Pennsylvania and ballot measures from Colorado to Maine.

      Trump was largely absent from the campaign trail, but GOP candidates closely aligned themselves with the president, betting that his big win last year could provide a path to victory this time. They were wrong.

      Democrats are hoping the off-year romp offers a new winning playbook, but some caution may be warranted. Tuesday's elections were limited to a handful of states, most of which lean blue, and the party that holds the White House typically struggles in off-year elections.

      Meanwhile, Republicans in Washington may be more excited than Democrats that a self-described democratic socialist will become New York City's next mayor.

      Here are some top takeaways: A new Democratic playbook emerges -------------------------------------------- Former Rep. Abigail Spanberger will become Virginia's next governor — and its first female chief executive — while Rep. Mikie Sherrill won the New Jersey governor's office by running campaigns focused largely on the economy, public safety and health care.

      Early results showed Democrats outperforming their margins from four years ago in fast-growing suburbs, rural areas and even places with high concentrations of military voters.

      The Democrats won by actively distancing themselves from some of the Democratic Party's far-left policies and emphasising what Spanberger described in her victory speech as “pragmatism over partisanship.” A growing collection of Democratic leaders believes the moderate approach holds the key to the party's revival after the GOP won the White House and both congressional chambers last year.

      Above all, the Democrats in both states focused on rising costs such as groceries, energy and health care, which Trump has struggled to control.

      In addition to tacking to the middle on economic issues, Spanberger and Sherrill downplayed their support for progressive priorities, including LGBTQ rights and resistance against Trump's attack on American institutions. Spanberger rarely even mentioned Trump's name on the campaign trail.

      Both also have resumes that appealed to the middle.

      Spanberger is a former CIA case officer who spent years abroad working undercover, while Sherrill spent a decade as an active-duty helicopter pilot for the Navy before entering Congress. Both played up their public safety backgrounds as a direct response to the GOP's attack that Democrats are soft on crime.

      It's (still) the economy, stupid ------------------------------------ Trump and his Republican allies have been especially focused on immigration, crime and conservative cultural issues.

      But voters who decided Tuesday's top elections were more concerned about the economy, jobs and costs of living. That's according to the AP Voter Poll, an expansive survey of more than 17,000 voters in New Jersey, Virginia, California and New York City, suggesting that many voters felt they can't get ahead financially in today's economy.

      Ironically, the same economic anxieties helped propel Trump to the White House just one year ago. Now, the economic concerns appear to be undermining his party's political goals in 2025 — and could be more problematic for the GOP in next year's midterm elections, which will decide the balance of power for Trump's final two years in office.

      That's even as Trump regularly brags about stock prices booming and boasts about leading a new renaissance of American manufacturing.

      About half of Virginia voters said the economy was the most important issue facing their state, while most New Jersey voters said either taxes or the economy was the top issue in their state. Just over half of New York City voters said the cost of living was their top concern.

      It was unclear whether kitchen table concerns weighing so heavily on voters might help break the impasse that has prompted the government shutdown, which has spanned more than a month.

      A referendum on Trump ----------------------------- This was the first major election day since Trump returned to the White House. And voters rejected candidates and causes aligned with Trump's Republican Party from Virginia and Pennsylvania to Maine and New Jersey.

      They also expressed strong feelings about the direction of the country under his leadership.

      About 6 in 10 voters in Virginia and New Jersey said they are “angry” or “dissatisfied” with the way things are going in the country today, according to the AP Voter Poll. Just one-third said they are “enthusiastic” or “satisfied.” In a sign of the extent of the GOP's struggles, Republicans lost the Virginia attorney general's race to Democrat Jay Jones, who was forced to apologise after text messages surfaced weeks before Election Day in which he depicted the murder of political opponents.

      Fearing a bad night, Trump tried to distance himself from the election results.

      The president endorsed Ciattarelli in New Jersey but held only a pair of tele-town halls on his behalf, including one Monday night. Trump also did a Monday night tele-town hall for Virginia Republican candidates, but he focused mostly in favour of the GOP candidate for attorney general, who also lost.

      Despite Trump's distance, his policies — including his “big, beautiful” budget bill and his massive cuts to the federal workforce — played a central role in Virginia, New Jersey and even New York City's mayoral contest. And the Republicans in each refused to distance themselves from the president or his agenda.

      The results left the president ducking blame.

      “TRUMP WASN'T ON THE BALLOT, AND SHUTDOWN, WERE THE TWO REASONS THAT REPUBLICANS LOST ELECTIONS TONIGHT,” according to pollsters, he posted on his social media account.

      Trump planned to have breakfast on Wednesday at the White House with Senate Republicans who have so far opposed his calls to end the shutdown by abandoning the legislative filibuster, the 60-vote minimum needed to pass most major legislation through the Senate.

      A new star for Democrats (and Republicans) in New York City ---------------------------------------------------------------------- Moderates won in Virginia and New Jersey. But it was a self-described democratic socialist who cruised to victory in New York City.

      Zohran Mamdani, a 34-year-old state legislator who backs radical changes to address economic inequality, will serve as the next mayor of the nation's largest city.

      His bold agenda and inspirational approach helped generate the largest turnout in a New York City mayoral race in at least three decades. It also spooked some business leaders and voices in the Jewish community, who otherwise support Democrats but oppose some of Mamdani's past statements about personal wealth accumulation and Israel.

      Trump, who actually endorsed Mamdani's independent opponent, former Democratic Gov. Andrew Cuomo, falsely called Mamdani a communist on the eve of the election.

      Some Republicans in Washington were quietly rooting for a Mamdani victory. Even before his win was final, Republican campaign committees launched attack ads against more than a dozen vulnerable House Democrats in New York and New Jersey, linking them to Mamdani and his far-left politics.

      The ad campaign is expected to extend to Democrats across the country ahead of next year's midterms.

      More Democratic wins --------------------------- The Democratic successes extended beyond Virginia, New Jersey and New York.

      In Pennsylvania, Democrats swept all three elections for state supreme court justices. The wins could have implications for key cases involving redistricting and balloting for midterm elections — and the 2028 presidential race — in the nation's most populous swing state.

      Conservative causes struggled on ballot questions in other states as well.

      Maine voters defeated a measure that would have mandated showing an ID at the polls while approving a “red flag” rule meant to make it easier for family members to petition a court to restrict a potentially dangerous person's access to guns.

      Colorado approved raising taxes on people earning more than USD 300,000 to fund school meal programs and food assistance for low-income state residents.

      And in California, Gov. Gavin Newsom, frequently mentioned as a 2028 presidential hopeful, led a triumphant charge to redraw congressional maps to give Democrats as many as five more House seats in upcoming elections.

      The push is the centrepiece of a Democratic effort to counter new Republican maps in Texas and elsewhere that were drawn to boost the GOP's chances in next year's fight to control Congress. For the new maps to count in 2026, however, Californians had to vote on a yes-or-no ballot question known as Proposition 50. It was easily approved. (AP) SKS SKS

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