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    US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high
    Gold rises Rs 1,000 to Rs 1.48 lakh/10g on fresh retail buying
    DFS Launches Protection & Indemnity Insurance Product under Bharat Maritime Insurance Pool (BMIP)
    Investec Selects Infosys Finacle SaaS Platform on Microsoft Azure for Digital Banking Transformation
    Kotak Securities Earns Great Place to Work® Certification and Recognition Among India's Best Workplaces™ in Investments 2026
    India rises from 82nd to 57th in global rankings, in structural and pro-competitive reforms: Report by Competere Foundation
    Aadhaar enrolment in Manipur has reached 87-88 pc: Officials
    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...
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    July 30, 2026
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    Economic growth and persistent inflation shaped slower output, import pressures, and continued interest-rate restraint despite resilient consumer spending.
    United States economic growth slowed in the second quarter as increased imports reduced gross domestic product growth, despite stronger consumer spending and business investment linked to artificial intelligence. The preferred inflation measure moderated but remained above the central bank's target, with core consumer prices showing limited change. The benchmark interest rate was retained for a fifth consecutive meeting, though some regional presidents supported an increase to address elevated inflation. Employment growth and consumer spending continued to support economic resilience amid high living costs and energy-price pressures.
    July 30, 2026
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    Gold market volatility reflects retail buying, global price trends, currency movements, and weaker domestic demand linked to higher customs duty.
    Gold prices rose on fresh buying by jewellers and retailers amid firm international trends, while silver prices declined. Improved domestic demand and a pullback in the US dollar supported gold, though a stronger rupee limited further gains. India's gold demand declined year-on-year during April-June, attributed to seasonally subdued sales, higher customs duty and an appeal to reduce purchases. Global gold demand remained broadly unchanged, while precious metals were expected to remain volatile and range-bound.
    July 30, 2026
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    Protection and indemnity insurance expands domestic maritime risk coverage for third-party liabilities and strengthens self-reliant insurance capacity.
    Bharat Maritime Insurance Pool has introduced a sovereign-backed Protection & Indemnity insurance product to cover third-party maritime liabilities, including crew and cargo claims, pollution liability and wreck removal. The product expands the pool beyond cargo and hull war-risk coverage and is supported by combined indemnity capacity and a port-correspondent network. The pool is intended to maintain uninterrupted maritime war-risk insurance, build domestic underwriting capacity, strengthen maritime risk management, reduce foreign-market dependence and promote self-reliance in specialised insurance solutions.
    July 30, 2026
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    Cloud-native digital banking transformation integrates lending, cash management and liquidity tools while supporting scalable, resilient and compliant operations.
    Digital banking transformation through a cloud-native software-as-a-service platform entails migration from legacy systems to integrated deposits, lending, virtual account management and liquidity-management capabilities. Real-time data, artificial intelligence foundations, open APIs and event-driven architecture are intended to support digital banking products, corporate cash management and operational agility. Liquidity tools are designed to provide visibility and control over cash positions and working capital. The implementation is intended to deliver scalability, resilience, security and high availability while assisting regulatory compliance; projected benefits remain subject to risks and uncertainties.
    July 30, 2026
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    Workplace culture recognition highlights continued investment in employee wellbeing, inclusion, learning, collaboration and growth at a stockbroking firm.
    Workplace culture recognition was awarded to Kotak Securities through Great Place to Work Certification for a second consecutive year and inclusion among India's Best Workplaces in Investments 2026. The recognition followed assessment of employee feedback, workplace practices and organisational culture, reflecting employee trust, engagement and belonging. The company states that it will continue initiatives supporting employee wellbeing, learning and development, inclusion, collaboration and growth.
    July 30, 2026
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    Pro-competitive reforms strengthen market conditions through competition policy, investment review, trade facilitation, and reduced international regulatory barriers.
    Structural and pro-competitive reforms between 2010 and 2023 are assessed as reducing market distortions and strengthening competitiveness. The assessment covers property-rights protection, domestic competition and international competition, including the Goods and Services Tax, Insolvency and Bankruptcy Code, regulatory improvements and trade-facilitation modernisation. Further priorities include evidence-based competition policy, consumer-welfare review of sector-specific investment restrictions, and cooperation to address international regulatory barriers.
    July 30, 2026
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    Aadhaar enrolment access expands through a new service centre, with coordinated efforts focused on improving young children's coverage.
    Aadhaar enrolment in Manipur has reached approximately 87-88 per cent, with comparatively lower coverage among children aged 0-5 years. The first Aadhaar Seva Kendra in Imphal has been inaugurated to expand access to enrolment and Aadhaar-related services. The State Government is coordinating with welfare and health departments, hospitals and UIDAI to improve young children's enrolment, alongside services available through Deputy Commissioners' offices and authorised enrolment centres.
    July 30, 2026
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    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
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    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
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    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
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    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.

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      Gen Z Heroes: India’s Most Inspiring Young Activist, Writer and Innovator of 2025

      November 14, 2025

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      This Children’s Day, meet India’s most inspiring Gen Z changemakers - Manya Harsha, the eco-warrior; Manikya Sanghi, the mindful author; and Archit Patil, the teen innovator saving mothers’ lives.They truly represent the unstoppable spirit of India’s youth who are using their passion and purpose to build a better tomorrow. Their stories remind us that the future belongs to those who dare to dream big, act fearlessly, and inspire others along the way. MANYA HARSHA - The Gen Z Climate Warrior Turning Waste into Wonders At just 15, Manya Harsha from Bengaluru stands tall as one of India’s most inspiring Gen Z EcoHeroes, proving that age is no barrier to changing the world. Her innovative projects have redefined sustainability and inspired thousands of young minds to act for the planet.

      Manya is the visionary behind Grandma’s Green Weave, an initiative that transforms discarded sarees and bedspreads into beautiful, reusable eco-bags. By upcycling over 2,200 sarees and 230 bedspreads into 28,000 sustainable bags, she not only prevented more than 1.2 tons of textile waste but also empowered local tailors honoring her late grandmother’s eco-conscious spirit. Through her workshops, she has influenced over 25,000 participants, spreading climate awareness and sustainable living practices.

      During the lockdown, Manya turned adversity into innovation with her breakthrough DIY Vegetable Peel Paper. Using onion skins, corn husks, and pea pods, she created vibrant handmade paper that replaces tree-based paper, saving countless trees. Her creativity extended further when she began turning festival waste into paper and packaging wrappers into school stationery like eco-friendly brown-paper pens and seed pencils.

      Through her Back-to-School Workshops, Manya teaches children to make seed pencils and plantable stationery, ensuring sustainability begins at the school desk. As an author of nine nature-themed books and editor of the Sunshine Fortnightly environmental magazine, she continues to promote climate literacy and youth climate action.

      Guided by Swami Vivekananda’s words - “Youth are the pulse of the planet”, Manya Harsha embodies the voice of a generation determined to heal the Earth. Her message is clear and urgent: “The Earth is not for sale. We are the generation that will restore it.” MANIKYA SANGHI - 17 Year Old Bestselling Author, Polymath, and Meditation Practitioner At just 17, Manikya Sanghi is more than a best-selling teenage author—he is an internationally award winning polymath, philatelist, philanthropist and a visionary creator building a literary universe that blends epic fiction, life-skills education, and wisdom gained through meditation. Through his acclaimed Chronicles of Tierra series, award-winning novels, and over 21 books including innovative comics like City Without Water, Manikya’s storytelling goes beyond entertainment to empower and inspire readers of all ages.

      A dedicated meditation practitioner since early childhood, Manikya published his first book at just five and began conceiving Chronicles of Tierra during an advanced meditation session soon after his ninth birthday in 2017. What began as vivid stories in his mind evolved into Wizard (of Sansanadia)—the first novel of the saga—followed by Resurrection, Awakening, and more. His books are available globally across platforms including Pothi, Scholastic, Amazon, Flipkart, and Google Books.

      Manikya credits his creativity, focus, and academic excellence to the daily practice of Sidhshakti Meditations under the guidance of his honourable mentor, and world renowned Spiritual Scientist Sri Maa Sidh Sidhshakti Ji. Allowed on the basis of his solid inner progress at age nine, to advanced practices like Bright Future Meditation and Astral Travel Meditation, he believes these techniques have been the foundation of his clarity in life.

      Meditation, he says, is the silent force behind his transformation from a gifted child author into a polymath and conscious creator. It fuels his purpose—to use storytelling as a medium for upliftment, compassion, and self-realization.

      Through story telling and his other endeavours, Manikya proves that with the right guidance, positive lifestyle, and inner discipline, children can truly unfold their highest potential—and inspire the world through their actions rooted in awareness. You can follow him on Instagram @manikya.official ARCHIT PATIL - The Teen Innovator Revolutionizing Maternal Healthcare with His Life-Saving PPH Cup Archit Patil is a Gen Z hero whose empathy and ingenuity have translated into a life saving medical device for new mothers. Growing up with doctor parents who worked as a gynaecologist and an anaesthesiologist, Archit often accompanied them to the hospital and witnessed both surgical triumphs and the devastation of maternal deaths. That early exposure sparked his curiosity about postpartum haemorrhage and the glaring lack of a reliable method to measure blood loss during childbirth. Motivated to solve this critical gap, he conceived and developed the PPH cup, a device designed to provide precise, real time measurement of post delivery blood loss and to enable timely clinical intervention.

      The idea originated in grade six while working on a science project when he studied menstrual cups and repurposed a spare cup into a prototype using a metal mold. He refined the design with feedback from obstetricians in his parents’ network and subjected the device to safety and toxicity testing at the Indian Drugs Research Laboratory in Pune in March 2020. Made from medical grade silicone, the cup features two ports, one for attaching a blood collection bag and another for suction to remove clots, allowing clinicians to prevent atonic postpartum haemorrhage by maintaining an unobstructed drainage system. The device is reusable after autoclaving and has been adopted by more than fifty hospitals across India, where it is credited with saving mothers’ lives.

      Archit’s work earned him the Pradhan Mantri Rashtriya Bal Puraskar in 2021. He epitomises Gen Z leadership by combining compassion with technical creativity, by tackling a real world healthcare challenge, and by creating an affordable, scalable solution that protects lives.

      As we celebrate these Gen Z Heroes of India, it’s clear that the future is already taking shape in the minds and actions of our youngest changemakers. From eco-warrior Manya Harsha leading a sustainability revolution, to bestselling teenage author Manikya Sanghi inspiring readers through mindful storytelling, and teen innovator Archit Patil transforming healthcare with his life-saving PPH Cup, these young visionaries are redefining what it means to create, lead, and care in the 21st century. Their journeys remind us that India’s youth are not just the leaders of tomorrow. They are the innovators, activists, and creators shaping today. As the world watches this new wave of Gen Z innovation and compassion, one thing is certain: these young icons are building a brighter, greener, and more conscious future for all.

      (Note: This Children’s Day, 2025 The Update India and its partner platforms proudly recognise these extraordinary Gen Z achievers who have been selected after a careful evaluation of their authentic impact, social contribution, innovation, consistency of work, and the positive influence they create among young Indians. Manya Harsha, Manikya Sanghi, and Archit Patil were chosen because their contributions are not symbolic but deeply transformational. Each of them has demonstrated measurable change in their respective fields through dedication, originality, and a genuine desire to serve society. Whether it is sustainability, literature, personal development, or life-saving healthcare innovation, these young leaders embody the values that define India’s future. Their journeys prove that when passion meets purpose, age becomes irrelevant and the youth of India can lead the world with empathy, brilliance, and unstoppable determination.) (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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