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    AU Small Finance Bank Savings Accounts: Competitive Interest Rates, Zero-Balance Digital Account Opening and 24x7 Mobile Banking
    Rupee opens on flat note, rises 3 paise to 95.34 against US dollar in early trade
    Meeting of Heads of National Statistical Offices of BRICS Countries “Quality Statistics as Driver of Change”
    Modernization of National Sample Surveys through adoption of digital platforms such as Computer Assisted Personal Interview (CAPI) integrated with e- ...
    Govt hikes windfall gains tax on petrol, diesel, ATF exports
    No guidelines to regulate online astrology platforms: Consumer affairs department to CIC
    Yellow.ai, a Global Leader in Enterprise Agentic AI, to Go Public via $550 Million Merger with Bluerock Acquisition Corp.
    Shri Piyush Goyal Invites Indian and Uzbek Businesses to Co-invest and Co-manufacture; Calls for Doubling Bilateral Trade at India-Uzbekistan Business...
    Every ₹1 invested under Kisan Credit Card– Modified Interest Subvention Scheme (KCC-MISS) contributes ₹2.30 to net value addition in the...
    India achieves near-universal banking coverage, with 99.92% of inhabited villages now served by a banking outlet
    Rupee rises for 6th day, gains 12 paise to 95.31 against US dollar as crude drops
    ACE Software Posts Earnings Turnaround; Standalone Profit Before Tax Up 43% YoY
    Rajya Sabha passes bill to tackle payment delays faced by MSMEs amid Opposition protests
    MPC's 3-day meeting begins amid expectations of status quo on interest rates
    Trane Technologies Reports Strong Second Quarter Results; Raises Full-Year Revenue and EPS Guidance
    CBN dismantles inter-state counterfeit drug network in Bihar under Operation Vajra; mastermind arrested
    DRI seizes quantities of gold; drugs, e-cigarettes and other contraband in pan-India Ops; 20 persons, including 5 foreign nationals, arrested
    Union Government releases tax devolution of ₹1,09,019 crore to State Governments, as one advance instalment to accelerate their capital and deve...
    Raymond Lifestyle Limited Delivered a stable Q1 FY27 Performance
    Rupee rises 31 paise to 95.12 against US dollar in early trade
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    August 4, 2026
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    Savings account access expands through video KYC, mobile banking, no-minimum-balance options, monthly interest payments and deposit insurance coverage.
    Savings accounts provide monthly interest payments, liquidity and access to funds, subject to eligibility, internal policies and applicable terms. Digital account opening through Video KYC is available for an account with no minimum balance requirement, supported by mobile banking for UPI transfers, bill payments and balance monitoring. Account variants include premium, value-oriented, agricultural, financial-inclusion, children's and basic no-frills accounts. Deposit insurance applies up to the prescribed limit per depositor per bank.
    August 4, 2026
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    Foreign-exchange market conditions supported a modest early rupee gain, while importer demand and policy data remained key factors.
    Foreign-exchange market conditions supported a marginal early appreciation of the rupee against the US dollar, led by broad US-dollar weakness, improved risk sentiment, lower oil-price levels and foreign portfolio inflows. Importer demand for dollars moderated the movement. Market direction remained linked to the forthcoming monetary-policy decision and US economic data, while reported central-bank activity was described as helping smooth currency volatility. The US dollar index, crude-oil movements, global supply expectations and domestic equity-market activity were relevant exchange-rate influences.
    August 4, 2026
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    Quality statistics drive statistical-system reform through administrative data, interoperable systems, stronger governance, and international cooperation for evidence-based policymaking.
    Quality statistics are advanced through modernised national statistical systems, administrative data, digital public infrastructure, and stronger data-governance and privacy standards. Cooperation among national statistical offices is intended to address data gaps through knowledge sharing, methodological harmonisation and statistical innovation. Discussions also emphasised digital dissemination, transformational statistical reforms, and the use of administrative data for timely, cost-effective and granular official statistics, supported by harmonised metadata, interoperable systems and institutional collaboration.
    August 4, 2026
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    Digital statistical modernisation strengthens survey quality, macroeconomic indicators, international standards alignment and infrastructure performance monitoring through standardised data systems.
    National statistical modernisation uses digital survey platforms with validation checks, AI-enabled support and multilingual interfaces, alongside short-duration surveys and administrative data to improve sampling and timely official statistics. Reforms include base revisions for Gross Domestic Product, Consumer Price Index and Index of Industrial Production; adoption of metadata, quality-assessment and classification standards; and alignment with international statistical principles and methodologies. Sustainable development indicators and infrastructure monitoring are supported through a national indicator framework, PAIMANA and a standardised performance dashboard.
    August 3, 2026
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    Windfall gains tax on petroleum exports increases to discourage exports and preserve domestic fuel availability during regional supply disruptions.
    Special additional excise duty on exports of petrol, diesel and aviation turbine fuel has been increased for the relevant fortnightly period, while existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall gains tax is intended to preserve domestic availability of petroleum products during the West Asia crisis and prevent exporters from benefiting unduly from price differences linked to elevated global crude oil prices.
    August 3, 2026
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    Online Astrology Platform Regulation: consumer department reported no guidelines, while information requests required revised factual disclosures.
    Online astrology platforms were reported as lacking specific regulatory guidelines within the consumer affairs department. The RTI application sought information on alleged unfair trade practices, investigations, complaints, licences, approvals, and applicable rules. The National Consumer Helpline stated that it had not investigated because it functions as a grievance-resolution platform. A revised factual response was required on investigations and complaint data, while queries concerning regulation, licences, approvals, and related investigations were to be transferred to the public authorities likely to hold that information.
    August 3, 2026
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    Business combination disclosure outlines shareholder approval, registration requirements, financing conditions, and forward-looking risks for the proposed public listing.
    The proposed business combination would take Yellow.ai public through a definitive agreement with Bluerock Acquisition Corp., subject to customary closing conditions and shareholder approval. Bluerock intends to file a Form S-4 registration statement containing a proxy statement/prospectus for proxy solicitation and securities issuance in connection with the transaction. The communication is not an offer or solicitation and states that no securities offering may occur without compliance with applicable registration, qualification or exemption requirements. Transaction projections and anticipated benefits are forward-looking statements subject to material risks and uncertainties.
    August 3, 2026
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    Bilateral investment and trade facilitation drive proposed co-investment, digital cooperation and advanced manufacturing partnerships between Indian and Uzbek businesses.
    India-Uzbekistan cooperation is proposed through co-investment, co-manufacturing and co-innovation, supported by the Bilateral Investment Treaty to promote investor confidence and reciprocal investment. Priority sectors include mining, textiles, healthcare, agriculture, food processing, digital technologies and advanced manufacturing. Trade facilitation measures include reducing trade barriers, mutual recognition of standards, approvals, testing and certification, customs digitalisation and improved trade routes. Regulators and standard-setting bodies are expected to cooperate under a structured, time-bound economic partnership.
    August 3, 2026
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    Concessional agricultural credit supports working capital, crop diversification, allied activities, and digital expansion under the Kisan Credit Card scheme.
    The Kisan Credit Card-Modified Interest Subvention Scheme provides concessional institutional credit to reduce farmers' interest burdens and improve timely working-capital access. The scheme is reported to support cropping intensity, multi-season cultivation, diversified crop portfolios, timely input use, and credit discipline through the Prompt Repayment Incentive. It also supports dairy, livestock, and fisheries-based income diversification. Credit-delivery measures include collateral-free lending, digital platforms, simplified applications, coverage expansion, and awareness campaigns. State-wise data tracks operative accounts, outstanding credit, and non-performing Kisan Credit Card accounts.
    August 3, 2026
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    Banking inclusion expands rural access while digital credit systems and payment security controls address service delivery and cyber fraud.
    Banking inclusion is pursued by providing banking outlets within a five-kilometre radius of inhabited villages, with branch expansion permitted subject to rural-coverage requirements and continuing assessment of uncovered areas. Agricultural credit delivery uses digital loan, beneficiary-verification, processing and claim-settlement systems. Digital payment security measures require minimum controls for payment channels and include fraud-intelligence sharing, artificial-intelligence-based identification of money-mule activity, digital lending-app analysis, cyber-incident reporting, public awareness campaigns and electronic-banking training.
    August 3, 2026
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    Foreign exchange market movement strengthened the rupee as lower crude prices, investment inflows and improved risk sentiment provided support.
    Foreign exchange market movement saw the rupee strengthen for a sixth consecutive trading session against the US dollar, supported by declining global crude oil prices, a softer dollar, foreign institutional investment inflows and gains in domestic equity markets. Improved global risk sentiment followed the decision to defer planned US military strikes against Iran and allow diplomatic engagement. Renewed geopolitical tensions were identified as a factor that could limit further appreciation.
    August 3, 2026
    Show AI Summary
    Quarterly financial performance reflects revenue growth, improved standalone profitability, and continued investment in AI-led digital technology platforms.
    Quarterly financial performance reported revenue growth in standalone and consolidated operations, higher standalone profit before tax, and a return to consolidated profitability. The company continues to invest in an AI-led, intellectual-property-driven digital technology strategy through enterprise software, SaaS platforms, digital commerce, cloud, data and AI solutions. Its priorities include scalable platforms, proprietary technology assets, recurring-revenue offerings, partnerships and selective acquisitions. Complete financial results, notes to accounts and regulatory disclosures are available through exchange filings and the company website.
    August 3, 2026
    Show AI Summary
    MSME delayed-payment reforms strengthen award recovery, faster dispute adjudication, invoice discounting, and interim supplier payment protection.
    MSME delayed-payment reforms seek faster adjudication, strengthened recovery and improved liquidity for enterprise suppliers. Courts may direct payment of at least half of an awarded amount where a setting-aside application remains pending beyond six months. Mediated settlements and arbitral awards may be recovered as arrears of land revenue and recognised as legally enforceable debts under the insolvency framework. The measures also provide graded penalties, voluntary digital registration, invoice settlement through the Trade Receivables Discounting System, and additional Facilitation Councils.
    August 3, 2026
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    Monetary policy rate setting remains cautious as inflation, liquidity, growth and global uncertainty shape the policy stance.
    Monetary policy rate setting is expected to remain cautious amid global uncertainty, rising inflation risks and steady domestic growth. The inflation outlook is affected by energy-price pass-through, higher input costs, and seasonal and monsoon-related food-price pressures. Policy decisions are expected to remain data-dependent, guided primarily by domestic inflation, liquidity conditions and economic growth. A cautious or neutral stance is identified as preferable while external risks and inflation developments persist.
    August 3, 2026
    Show AI Summary
    Forward-looking financial disclosure raises revenue and earnings guidance while describing non-GAAP measures, capital allocation, and material business risks.
    Financial performance reporting identifies increased bookings, revenue growth, continuing earnings, and backlog, with segment-level operating and margin measures. The release addresses cash flow, capital allocation through dividends, acquisitions and share repurchases, and increased full-year revenue and earnings guidance. Forward-looking statements concerning financial performance, operations, demand, liquidity and capital deployment are subject to identified risks and uncertainties. Non-GAAP measures are presented as supplemental to GAAP measures, with definitions and reconciliations stated to be available in accompanying materials.
    August 3, 2026
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    Counterfeit drug enforcement targets illicit manufacture, storage and trafficking networks, with coordinated seizures and referral of non-narcotic stock.
    Counterfeit-drug enforcement under Operation Vajra addressed an inter-state network involved in the illicit manufacture, storage and distribution of narcotic drugs, psychotropic substances and spurious pharmaceutical products. Searches of unregistered godowns recovered narcotic products, unauthorisedly manufactured Buprenorphine injection ampoules, and counterfeit non-NDPS medicines. A farmhouse-based illicit manufacturing facility was dismantled, with machinery, chemicals and related materials seized under the NDPS Act, 1985.
    August 3, 2026
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    Anti-smuggling enforcement targets concealed gold, narcotics, protected products, prohibited e-cigarettes and restricted imports through coordinated intelligence operations.
    Intelligence-led anti-smuggling operations resulted in seizures of foreign-origin gold, narcotic drugs, hydroponic weed, protected wildlife and forest products, prohibited electronic cigarettes, and restricted poppy seeds and areca nuts. The operations identified concealment through fabricated baggage cavities, false cargo declarations, misdeclaration of origin, forged documentation, and concealment in transport vehicles. Poppy seeds are restricted under the Foreign Trade Policy and may be imported only subject to conditions concerning legally cultivated produce from designated countries and registration of import contracts with the Narcotics Commissioner.
    August 3, 2026
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    Tax devolution advance instalment strengthens State finances for accelerated capital and developmental expenditure through distribution of Union tax proceeds.
    Tax devolution was released to State Governments as an additional advance instalment alongside the normal monthly devolution schedule. The fiscal transfer shares net proceeds of Union taxes and duties with States, with the stated purpose of strengthening State finances and supporting accelerated capital and developmental expenditure. The release includes a State-wise distribution of tax-devolution proceeds.
    August 3, 2026
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    Financial performance reporting highlights revenue and EBITDA growth, garmenting recovery, retail optimisation, ESG commitments, and forward-looking risk disclosures.
    Financial performance reflects growth in total income and EBITDA, with improved margin, reduced net working-capital days, and a net-cash position. Branded textiles and high-value cotton shirting reported lower revenue due to the prior-year base effect, while branded apparel grew but faced lower margin from channel mix. Garmenting improved through order-book execution, tariff rationalisation, and new global clients. ESG priorities include female representation, waste-management initiatives, renewable energy, emissions reduction, and workplace safety. Forward-looking statements remain subject to regulatory, political, economic, and technological risks.
    August 3, 2026
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    Foreign exchange market support strengthens the rupee as lower crude prices, portfolio inflows and reserve growth improve sentiment.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar, attributed to lower global crude oil prices, a weaker dollar, sustained foreign portfolio inflows, higher foreign exchange reserves, and Reserve Bank of India presence in the foreign exchange market. Domestic equity market gains and net foreign institutional equity purchases were also identified as supporting factors.

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      Ramoji Excellence Awards 2025 Conclude with Grand Celebration of Service, Innovation, and National Spirit

      November 17, 2025

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      The event was graced by Chief Guest, the Vice-President of India, Sri C. P. Radhakrishnan, along with the Chief Ministers of Telangana and Andhra Pradesh as well as other eminent Guests of Honour Hyderabad, Telangana, India – Business Wire India The inaugural Ramoji Excellence Awards 2025 concluded this evening at Ramoji Film City, celebrating distinguished individuals whose exceptional contributions uplift communities, advance knowledge, and inspire the nation. Instituted in memory of Sri Ramoji Rao garu, the awards honoured seven exemplary personalities across diverse fields.

      The event was graced by Hon’ble Vice President of India, Sri C. P. Radhakrishnan, who delivered the keynote address. said, “Sri Ramoji Rao garu was a visionary who transformed ideas into institutions and dreams into enduring realities. He was not only a pioneer in media and communication but a true nation-builder. His commitment to truth, ethics, and excellence continues to inspire generations across the entire nation. The launch of the Ramoji Excellence Awards is a fitting tribute to his remarkable legacy. Through the Ramoji excellence awards, we now see the same spirit being extended to a commitment by honouring individuals and institutions who embody excellence, who inspire others, and who make a positive difference in society.” Hon’ble Chief Minister of Telangana, Sri A. Revanth Reddy, said, “I extend my heartfelt appreciation to the Ramoji Group and Sri Ch. Kiron garu for carrying forward the extraordinary legacy of Sri Ramoji Rao garu with such dignity. Instituting the Ramoji Excellence Awards is a fitting tribute, and the family has chosen the right people while upholding the values he stood for. In Telangana, we proudly say there are four wonders — Charminar, Golkonda, Hitech City, and Ramoji Film City — a global landmark born from his visionary idea of ‘Come with a script and leave with a complete film.’ His influence is felt in every home, where people begin their day with Eenadu and end it with ETV News, shaped by his commitment to balance and integrity. Few excel in one field; he dominated every field he touched, setting unmatched standards across media and enterprise. I fully echo the belief that the Ramoji Excellence Awards will become one of the nation’s most respected honours. Ramoji is not just a name - it is a brand.” Hon’ble Chief Minister of Andhra Pradesh, Sri N. Chandrababu Naidu, said, “Sri Ramoji Rao garu was a man of unshakeable values. He was a pillar of righteousness who always stood for truth and the people. His patriotism, his service to Telugu language and culture, and his lifelong commitment to integrity continue to inspire us. The Ramoji Excellence Awards reflect his spirit, honouring individuals who embody excellence and impact, and I believe they are poised to earn global respect. I personally draw immense inspiration from his discipline, fearlessness, and lifelong service to society, and I deeply appreciate the Ramoji family for carrying forward his extraordinary legacy with such dignity, ensuring his values continue to guide future generations.” The event also had an eminent gathering of national leaders, including: • Sri Jishnu Dev Varma, Hon’ble Governor of Telangana • Sri M. Venkaiah Naidu, Former Vice-President of India • Justice N. V. Ramana, Former Chief Justice of India • Sri K. Ram Mohan Naidu, Hon'ble Minister of Civil Aviation, Government of India • Sri G. Kishan Reddy, Hon'ble Minister of Mines, Government of India The ceremony commenced with a grand welcome to dignitaries, followed by cultural performances by students and artists that celebrated India’s diversity and paid tribute to the legacy of Sri Ramoji Rao garu.

      Key Highlights of the Evening Launch of the Ramoji Dictionary A major milestone of the programme was the formal unveiling of the Ramoji Dictionary, envisioned by Sri Ramoji Rao garu and developed under the aegis of the Ramoji Foundation.

      • The English-to-Telugu edition was unveiled by Sri M. Venkaiah Naidu.

      • The Telugu-to-Telugu edition was unveiled by Justice N. V. Ramana.

      Both leaders addressed the gathering following the release.

      Awardees of the Ramoji Excellence Awards 2025 1. Excellence in Journalism Awardee: Shri Jaideep Hardikar A distinguished journalist and author, Shri Hardikar has spent over two decades reporting on India’s rural realities with deep empathy and insight. His work amplifies marginalized voices and brings the human dimensions of development to national attention.

      2. Youth Icon Award Awardee: Shri Srikanth Bolla Founder & Chairman of Bollant Industries and an MIT alumnus, Shri Bolla has become a national symbol of resilience and inclusive leadership. His enterprise empowers people with disabilities while advancing sustainable manufacturing.

      3. Excellence in Art & Culture Awardee: Prof. Sathupati Prasanna Sree A visionary scholar who created scripts for 19 tribal languages, Prof. Sree has revolutionized the preservation of India’s indigenous literary heritage. As Vice-Chancellor of Adikavi Nannayya University, she continues to champion cultural identity and linguistic empowerment.

      4. Excellence in Rural Development Awardee: Smt. Amla Ashok Ruia Popularly known as the “Water Mother,” Smt. Ruia has transformed drought-prone villages through innovative water-harvesting initiatives. Her work through Aakar Charitable Trust has restored livelihoods, water security, and hope across rural India.

      5. Excellence in Service to Mankind Awardee: Shri Akash Tandon Founder of Pehchaan – The Street School, Shri Tandon has built a movement providing education to thousands of underprivileged children in Delhi-NCR. His mission nurtures dignity, opportunity, and empowerment for marginalized communities.

      6. Women Achiever Award Awardee: Smt. Pallabi Ghosh A fearless crusader against human trafficking, Smt. Ghosh has rescued over 10,000 women and children and impacted more than 75,000 lives. Through the Impact and Dialogue Foundation, she leads national efforts in rescue, rehabilitation, and reintegration.

      7. Excellence in Science & Technology Awardee: Prof. Madhavi Latha Gali A pioneering geotechnical engineer at IISc Bengaluru, Prof. Latha contributed to major national infrastructure projects, including the Chenab Railway Bridge. As Chair of the Centre for Sustainable Technologies, she continues to drive innovation and mentor the next generation of engineering leaders.

      Throughout the ceremony, distinguished dignitaries were felicitated by Sri Kiron, Managing Director, Ramoji Group.

      Sri Ch. Kiron, Managing Director, Ramoji Group, said, “Sri Ramoji Rao always believed that enterprise without ethics is empty and success without service is shallow. That conviction not only shaped the Ramoji Group but also the generations of people who worked with him and learnt from his example. Ramoji Excellence Awards is our humble tribute to that timeless spirit. We express our deepest gratitude to the Hon’ble Vice President of India and our honoured guests for being here. May the spirit of excellence inspire and guide us in the journey ahead.” The ceremony concluded with a vote of thanks, followed by the National Anthem and dinner. The Ramoji Excellence Awards 2025 marked a powerful beginning to a legacy of recognising extraordinary individuals whose work strengthens the nation’s moral, cultural, and intellectual fabric.

      To View the Image, Click on the Links Below: A candid moment between AP CM, Nara Chandrababu Naidu and Vice-President, Sri CP Radhakrishnan Ramoji Excellence Awards, Awardees, 2025 with Hon’ble Vice-President of India and other dignitaries Message from Prime Minister Sri Narendra Modi on the occasion of Ramoji Excellence Awards Lighting of the Lamp by dignitaries Former VP Venkaiah Naidu and Former CJI N. V. Ramana launch the Ramoji Dictionary The Ramoji Group Family with the Dignitaries gracing the occasion Vice-President of India and other Dignitaries with Chairman and Managing Director of Ramoji Group, Ch.Kiron (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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