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August 20, 2026
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Elephant ivory trade prohibition supports enforcement against wildlife trafficking, seizure of carved ivory articles, and further investigation.
Illicit trade in elephant ivory and articles manufactured from it is prohibited under the Wildlife (Protection) Act, 1972, supporting India's CITES obligations. Enforcement action against a wildlife-trafficking syndicate resulted in the interception of four persons and seizure of 54 carved ivory artefacts. The seized articles and apprehended persons were transferred to the State Forest Department for further investigation. The action forms part of continuing measures against unlawful trade in wildlife derivatives and biodiversity threats.
August 20, 2026
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Trade deficit pressures persist as energy-import costs and currency weakness offset record automobile and electronics export growth.
Japan recorded its highest July import and export values since comparable statistics began, but continued to experience a trade deficit as rising energy costs increased import expenditure. Higher crude oil prices and disruption to Middle East supply routes affected an economy reliant on imported oil, while a weak yen raised the cost of fuel, food and raw materials. Strong automobile, semiconductor and electronics exports benefited from currency weakness, which also increased the yen value of overseas earnings.
August 19, 2026
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Forged health-scheme cards allegedly enabled ineligible treatment and misuse of public healthcare funds through false beneficiary details.
Alleged misuse of Ayushman health-scheme cards involved collecting identity and ration-card details by promising free treatment, then creating forged beneficiary cards with false particulars. The alleged scheme enabled treatment for ineligible persons and purported claims of government health-scheme funds. Police arrested five persons, recovered purported forged identity and beneficiary cards, and are investigating possible involvement of hospital and medical-office personnel, the scale of card forgery, and alleged diversion of public funds.
August 19, 2026
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MSME competitiveness requires affordable credit, technology adoption, formalisation, sustainable trade and stronger export-market access for inclusive growth.
MSME development is identified as central to employment generation, exports, entrepreneurship, economic resilience and self-reliance. Key priorities include affordable credit, technology upgradation, supply-chain integration, market access, brand-building and reduced red tape. Formalisation of micro industries is emphasised to expand institutional credit access, while sustainable trade is promoted through green technologies and renewable energy. Export competitiveness is to be strengthened through regional production capabilities and the "One District, One Export Hub" initiative.
August 19, 2026
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Supply-side inflation risks support a policy pause pending evidence of broad-based, persistent price pressures and de-anchored expectations.
Monetary policy calibration remained on hold because food and fuel inflation had not yet produced broad-based or persistent price pressures. The policy pause was supported by limited pass-through of supply-side shocks, contained core inflation and no clear demand-driven overheating. Recalibration depends on incoming evidence of persistent inflation, entrenched supply-side pressures, de-anchored expectations and the evolving growth-inflation dynamic. Geopolitical disruption, volatile oil prices, monsoon conditions and El Nin o-related agricultural risks remain material inflation risks.
August 19, 2026
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Examination irregularities investigation examines alleged answer-sheet cheating, managed centres and suspected solver-gang involvement by a biometric operator.
Alleged examination irregularities involved suspected cheating through the receipt of an answer sheet by an examinee from personnel of a private firm conducting the examination. Police arrested a biometric operator following an investigation into his alleged involvement. His prior work with biometric firms and manpower supply agencies was examined in connection with clues concerning allegedly managed examination centres and a suspected solver gang.
August 19, 2026
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Trade restrictions on Iran halt commercial and financial exchanges as regional security threats disrupt maritime commerce and re-export access.
UAE trade restrictions on Iran halted all trade, commercial exchanges and financial transactions until further notice following reported ballistic-missile incidents and regional security escalation. The UAE assessed the missiles as directed at maritime traffic, while Iran denied launching them. The suspension disrupts the UAE's role as a major trade and re-export gateway for Iran and may increase Iran's economic isolation. Continuing threats to shipping through the Strait of Hormuz also create economic risk for the UAE's regional business, finance and tourism position.
August 19, 2026
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Inflation persistence and expectations guide continued rate hold amid supply shocks and uncertainty over broader price pressures.
Monetary policy calibration remains contingent on clearer evidence that supply-side price shocks are becoming persistent, broad-based inflationary pressures. The policy rate was maintained unchanged amid uncertainty from higher energy costs, supply-chain disruption, an erratic monsoon and food, fuel and input-price risks. Policy tightening may be required if inflation becomes generalised, expectations become de-anchored, or inflation persists. A wait-and-watch approach was preferred pending clearer realised inflation, forecasts, weather effects and global conditions.
August 19, 2026
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Online credit card applications streamline comparison, eligibility screening and e-KYC, while approval remains subject to issuing-bank criteria.
Online credit card applications through the JioFinance app combine card comparison, eligibility checks, electronic verification, application submission and status tracking. Eligibility screening may occur without affecting the applicant's credit score, but approval remains subject to the issuing bank's criteria and internal policies. Aadhaar-based e-KYC or other accepted electronic verification may be used where applicable. Applicants should provide accurate Aadhaar, PAN and mobile details. Eligible approved applicants may receive a virtual card before physical-card delivery, subject to applicable terms and conditions.
August 19, 2026
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Comprehensive strategic partnership drives ministerial and business engagements on investment, market access, technology collaboration, skills and agri-food trade.
India-Singapore economic engagement is being advanced through ministerial and business roundtables under the Comprehensive Strategic Partnership. A multidisciplinary business delegation is undertaking business-to-business, government-to-business and institutional engagements focused on partnerships, investment, market access, technology collaboration and talent development. Agricultural trade cooperation includes promotion of Indian agri-food exports through a retail initiative. The engagement seeks to strengthen trade, investment, digitalisation, advanced manufacturing, skills development, green-economy cooperation and people-to-people ties.
August 19, 2026
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International senior notes issuance diversifies the bank's funding sources and expands access to global debt capital markets.
IDFC FIRST Bank accessed international debt capital markets through its IFSC Banking Unit at GIFT City by issuing inaugural fixed-rate senior notes with a three-year tenor, due in 2029. The notes were offered to investors outside the United States under the Regulation S format. The issuance followed an investment-grade long-term issuer credit rating with a stable outlook, diversifies the bank's funding sources, and creates an avenue for access to global capital markets in support of long-term growth.
August 19, 2026
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Closing auction session safeguards market transparency through pooled order matching, backed by immediate action against manipulation and stronger monitoring.
Closing auction session (CAS) improves transparency and reduces manipulation in end-of-trading price formation by pooling buy and sell orders during a designated closing window for auction-style matching. Manipulation intended to undermine CAS is subject to prompt and stringent action, supported by enhanced monitoring. Responsible use of artificial intelligence and machine learning requires tiered accountability and governance, including kill-switch, human-in-the-loop and data controls. Regulated entities remain responsible for privacy, security and integrity of investor data used by every AI tool they deploy.
August 19, 2026
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Foreign exchange market movement shows rupee pressure from elevated crude prices, moderated by reserves, intervention and FCNR(B) inflows.
Foreign exchange market movement saw the rupee depreciate marginally against the US dollar amid higher global crude oil prices, heightened West Asia tensions, a stronger dollar environment and weaker domestic equity markets. Central-bank intervention and foreign fund inflows provided support. Adequate foreign-exchange reserves and stronger-than-expected FCNR(B) scheme inflows were identified as factors limiting the scope for sharp depreciation.
August 19, 2026
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AI reliability engineering expands through an enterprise hub supporting AI assurance, agentic engineering, observability and trusted AI deployment.
QualityKiosk Technologies has established a Hyderabad engineering hub to expand AI reliability engineering, AI assurance and agentic engineering capabilities. The centre supports engineering, marketing, branding, analyst-relations and advisory functions, while serving enterprise demand for AI reliability, product engineering, CloudOps and automation. It advances an AI reliability operating framework covering AI for reliability, reliability of AI, agentic engineering, shift-right engineering, frontier-system reliability, observability and platform-based delivery to promote governance, resilience, operational trust and assurance in AI-powered systems.
August 19, 2026
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Money laundering investigation examines alleged diversion of government contract funds and their use in creating trust and university assets.
Money-laundering investigation under the Prevention of Money Laundering Act led to searches of premises associated with the Maulana Mohammad Ali Jauhar Trust, its university, linked companies, promoters and a chartered accountant. The inquiry concerns alleged diversion of government contract funds through private contractors and their alleged subsequent use, including for creating assets of the Trust and university. Separate planning-law issues concern allegations that most university buildings were constructed without approved plans.
August 19, 2026
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Foreign exchange market conditions supported marginal rupee strength despite crude oil pressures, regional tensions and oil-company dollar demand.
Foreign exchange market conditions reflected a marginal strengthening of the rupee against the US dollar in early trading, supported by reported Reserve Bank of India intervention, a softer dollar index and foreign institutional equity inflows. Higher global crude oil prices, West Asia tensions and oil-company demand for dollars continued to exert pressure, resulting in a range-bound trading environment.
August 19, 2026
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Competition approval for Tata Steel's share acquisition restructures ownership of logistics joint venture following an existing partner's exit.
Competition approval has been granted for Tata Steel Ltd.'s acquisition of IQ Martrade Holding Und Management GmbH's entire 23% equity shareholding in TM International Logistics Ltd., resulting in IQ Martrade's exit. Following completion, Tata Steel and NYK (Europe) B.V. will hold 74% and 26% equity shareholding, respectively. TM International Logistics primarily serves Tata Steel's logistics and cargo transportation requirements through railway cargo transportation, port operations and cargo handling, freight forwarding, and value-added logistics services.
August 19, 2026
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Competition approval enables increased insurtech shareholding through a rights issue, crossing the prescribed ownership threshold in insurance businesses.
Competition approval has been granted for General Atlantic Singapore ACK Pte. Ltd. to acquire additional shareholding in Acko Technology & Services Private Limited through the target's rights issue, resulting in the acquirer crossing the 25% shareholding threshold on a fully diluted basis. The target is an Indian insurtech company with subsidiaries conducting licensed general and life insurance businesses, while another subsidiary awaits a corporate agency licence for insurance-policy distribution.
August 19, 2026
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India-Japan investment partnership prioritises technology, manufacturing and infrastructure collaboration, with Uttar Pradesh positioned for deeper Japanese commercial engagement.
India-Japan economic cooperation is positioned for deeper investment and commercial partnerships in manufacturing, technology, infrastructure, energy, defence, artificial intelligence, semiconductors, critical minerals, batteries and next-generation mobility. Uttar Pradesh is identified as a prospective destination for Japanese investment because of its workforce, connectivity, manufacturing base, MSME sector, export capacity, transport infrastructure and industrial clusters. Investment facilitation is associated with reforms in ease of doing business, digital public infrastructure and multimodal logistics.
August 19, 2026
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Carbon border adjustment compliance requires reliable emissions data, reporting, accreditation and verification throughout exporters' supply chains.
European Union Carbon Border Adjustment Mechanism compliance requires exporters to address covered products, embedded-emissions calculation, data collection, reporting, accreditation and verification. Preparedness across the export value chain depends on timely emissions data from suppliers and other stakeholders, supported by credible verification mechanisms. Capacity-building and engagement seek to facilitate workable compliance with evolving sustainability-related international trade requirements.

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Growth in base orders and revenue underscore stable business execution

November 7, 2025

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BENGALURU, NOVEMBER 6, 2025 ABB India Limited posts July-September quarter (Q3) CY2025 results PAT has increased 16.2% to INR 409 crores in Q3 CY2025 from INR 352 crores in Q2 CY2024.

July-September Q3 CY2025 HIGHLIGHTS • Base orders up 13% YoY; overall orders down 3% YoY due to timing of large orders • Revenue up 14% YoY driven by focused execution of backlog from base orders • Profitability reflecting material costs and market dynamics post-COVID correction • Sustainability targets to round up the year are on track – YTD GHG emission reduction (2019 baseline) down by 87.05% and all Motion factories have been certified zero waste to landfill as on date Commenting on the company’s performance, Sanjeev Sharma, Managing Director, ABB India said, “We have had another quarter where we continue to build our overall performance. Base order growth and revenue expansion led the way in driving momentum during the quarter. I am proud of the team that continues to nurture our wide portfolio to serve customers in 23 market segments and continue to weather all cyclical swings in a year that has been cautious on the customers’ side. While remaining optimistic, we will continue to leverage growth opportunities which the domestic market and the regulatory easings offer amidst global volatility. Our sustainability journey remains consistent with non-financial parameters on track.” KEY FIGURES INR Crores (for continuing business) Q3 2025 Q3 2024 Q2 2025 9M 2025 9M 2024 CY 2024 Orders 3,233 3,342 3,036 10,019 10,384 13,079 Order backlog 9,895 9,995 10.064 9,895 9,995 9,380 Revenues 3,311 2,912 3,175 9,646 8,823 12,188 Profit before tax 542 597 474 1,652 1,808 2,513 Profit before tax % 16.4 20.5 14.9 17.1 20.5 20.6 Profit After Tax 409 440 352 1,235 1,343 1,875 Profit after tax % 12.4 15.1 11.1 12.8 15.2 15.4 Operational EBITA* 419 478 414 1,350 1,550 2,238 Operational EBITA% 12.7 16.4 13.0 14.0 17.6 18.4 Orders Total orders for the third quarter were INR 3,233 crore. Motion and Robotics and Discrete Automation led the way with robust order growth. Electrification had a large data center order in the same quarter last year while Process Automation also followed the overall order plateau trend for the quarter.

Order wins spanned across wind converters for renewables, robotics for EV mobility (automotive) and mobile phone assembly (electronics), process automation and drives solutions for metals, insulated case circuit breakers and fault current limiters for a power distribution equipment company, and electricals and instrumentation for a global leader in food, beverage, and pharma systems. Opportunities also included gas chromatographs and oxygen analyzers for a leading integrated energy major.

ABB India continues to have a strong order backlog as of September 30, 2025, at INR 9,895 crore, which provides good revenue visibility and is well aligned to support growth plans in the coming quarters.

Revenues The Company reported INR 3,311 crore revenue for the quarter, up by 14 percent YoY and 4 percent sequentially. All business areas posted a growth in revenue during the quarter led by Robotics and Discrete Automation. It was evenly balanced in Electrification with all divisions posting growth. Revenue growth in Motion was led by execution of traction motors orders. Process Automation was a mixed bag with energy industries offsetting the growth in process industries and measurement and analytics due to readjusted schedules by customers driven by market requirements.

Operations The quarter was an engaging one with an announcement of investment for rare earth free IE5 motors. ABB India has successfully commissioned its ABB Ability™ SCADAvantage solution for THINK Gas Pvt. Ltd. (formerly AG&P Pratham), enabling end-to-end automation and digitalization of their City Gas Distribution (CGD) network spanning ten Indian states and 500 fuel stations. This was also the quarter where ABB India marked 30 years of being listed on the National Stock Exchange (NSE).

Profit and cash flow from operating activities The company reported a Profit before tax (before exceptional items and one-offs) of INR 542 crore for the quarter. Profitability reflected rising material costs mainly due to revenue mix and reliance on imports to support delivery commitments in the wake of QCO compliance.

Profit after tax reported at INR 409 crore for the quarter.

The company’s cash position continues to remain robust at INR 4,991 crore at the end of Q3 CY2025, buoyed by consistent efforts in collection, also includes significantly higher dividend payouts as compared to YTD last year and inventory accumulation for quality control order adjustments.

Sustainability in practice The focus on sustainable operations continued in Q3 CY 2025 with most targets on track. Reduction in GHG emissions (scope 1 and 2) as compared to 2019 baseline till YTD was at 87.05 percent. Significant strides were made in water positivity three out of four locations achieved and zero waste to landfill, all four locations achieved the target.

Outlook ABB India is well-positioned to capitalize on a resilient macroeconomic environment and strong government-led industrial momentum. Easing inflation, GST rationalization, and sustained public capex—particularly in infrastructure, railways, and green energy—are driving consumption and demand recovery. While private and industrial capex remains selective, growth is evident in high-potential sectors such as renewables, data centers, electronics, process industries, oil & gas, food & beverage, and water. With a diversified portfolio spanning 23 business segments and deep expertise in automation, electrification, and digitalization, ABB India is agile in addressing these opportunities. The company continues to gain traction in energy-efficient technologies, AI-driven automation, and grid modernization. Despite global trade uncertainties and financial market volatility, ABB India’s strong localization strategy, healthy order pipeline, and alignment with national priorities reinforce its resilience and readiness to drive sustainable growth in India’s evolving industrial landscape.

ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this ‘Engineered to Outrun’. The company has over 140 years of history and around 110,000 employees worldwide.www.abb.com For more information please contact: Sohini Mookherjea Phone: +91 9632726608 Email: [email protected] *Operational EBITA Operational EBITA margin is Operational EBITA as a percentage of Operational revenues. Operational EBITA is Operational earnings before interest, taxes and acquisition-related amortization. Operational EBITA represents income from operations excluding: • acquisition-related amortization (as defined below), • restructuring, related and implementation costs, • changes in the amount recorded for obligations related to divested businesses occurring after the divestment date (changes in obligations related to divested businesses), • changes in estimates relating to opening balance sheets of acquired businesses (changes in pre-acquisition estimates), • gains and losses from sale of businesses, • acquisition- and divestment-related expenses and integration costs, • certain other non-operational items, as well as • foreign exchange/commodity timing differences in income from operations consisting of: (a) unrealized gains and losses on derivatives (foreign exchange, commodities, embedded derivatives), (b) realized gains and losses on derivatives where the underlying hedged transaction has not yet been realized, and (c) unrealized foreign exchange movements on receivables/payables (and related assets/liabilities).

Certain other non-operational items generally include certain regulatory, compliance and legal costs, certain asset write downs/impairments as well as other items which are determined by management on a case-by-case basis.

Operational EBITA is our measure of segment profit but is also used by management to evaluate the profitability of the Company as a whole.

ABB India follows a calendar year of January to December as the accounting period.

(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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