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    PROVISIONAL ESTIMATES OF WHOLESALE PRICE INDEX, OUTPUT PRODUCER PRICE INDEX, AND TRIAL INPUT PRODUCER PRICE INDEX FOR THE MONTH OF JULY 2026, AND FINA...
    Logistics Data Bank Tracks 10 Crore EXIM Containers, Provides Visibility across Logistics Chain
    APEDA and Government of Tripura Organise International Organic Buyer-Seller Meet to Expand Global Market Linkages
    WPI inflation eases to 9.78 pc in July on softening in fuel prices
    IDFC FIRST Bank secures its first international rating with Investment Grade from S&P Global Ratings
    DRI busts illegal drug manufacturing facility in Jewar, UP; 30 kg drugs seized and two persons arrested
    UCO Bank launches IFSC Banking Unit at GIFT City
    Banking sector has key role to play as India on way to become 3rd largest economy: Gujarat CM
    India's exports to US rise 12.85 pc in Jul; shipments to China jump 64.57 pc: Govt data
    50 tonnes of copper without e-way bills seized by Delhi GST, Railways joint team
    India's exports surge 19.6 pc in Jul; trade deficit widens to six-month high
    CBI ARRESTS CGST SUPERINTENDENT IN BRIBERY CASE
    The cumulative exports (merchandise & services) during April-July 2026-27 is estimated at US$ 316.42 Billion, as compared to US$ 279.63 Billion in Apr...
    Unlimit Mobile Ties Up with ICICI Bank Canada, RBC Royal Bank to Add Mobile Connectivity Benefits to Student GIC Journey
    Standard Chartered Accelerates India's GCC Growth with its Global Banking Expertise and 25 Years of GCC Experience
    IFSCA Grants Nexent Capital GIFT City Investment Banking License
    India's exports rise 19.63 pc to USD 44.24 bn in Jul; trade deficit widens to $31.98 bn
    Vizhinjam port to commence EXIM operations from Aug 18: Kerala CM Satheesan
    Ratul Puri: Beyond Low-Cost Power to Clean Energy Reliability
    PMS Bazaar Collaborates with NSDL Database Management Limited (NDML Accreditation Agency) to Expand Access to SEBI Accredited Investor Certification
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    August 14, 2026
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    Wholesale price inflation moderation was driven by softer fuel prices, while manufactured goods and primary articles recorded higher inflation.
    Wholesale price inflation moderated in July, led by a decline in fuel and power inflation and a marginal easing in food-article inflation. Inflation in manufactured products and primary articles increased, making the moderation uneven across groups. Mineral oils, food articles, basic metals, non-food articles, food products, and chemical products remained significant inflation drivers. The output Producer Price Index remained unchanged year-on-year, with lower manufacturing and mining inflation offset by higher agriculture and electricity producer-price inflation.
    August 14, 2026
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    International investment-grade issuer ratings support expanded foreign-currency funding, trade finance, correspondent banking and cross-border financial market access.
    IDFC FIRST Bank's inaugural international investment-grade issuer credit ratings, with a stable outlook, are expected to improve access to international funding markets and global financial counterparties. The rating is intended to support standby letter of credit lines, foreign-currency funding through its GIFT City International Banking Unit, mobilisation of FCNR(B) deposits, correspondent banking relationships and cross-border trade finance. Strong capitalisation, improving profitability, stable asset quality and a granular retail funding profile underpin the outlook.
    August 14, 2026
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    Clandestine psychotropic drug manufacturing faces enforcement targeting precursor chemicals, concealed laboratories, illicit production networks and trafficking operations.
    Enforcement action against clandestine manufacture of psychotropic substances led to the detection of a residential drug-production facility. Searches recovered amphetamine and intermediary forms, precursor chemicals, reagents, raw materials, and manufacturing equipment. Field testing indicated the presence of amphetamine, a psychotropic substance regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985. The recovered apparatus and materials indicated illicit manufacture, while preliminary investigation pointed to short-term, intermittently operated facilities intended to conceal production activities.
    August 13, 2026
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    International banking unit expands cross-border financing, trade finance and foreign-currency service access through GIFT City operations.
    UCO Bank has launched an International Financial Services Centre Banking Unit at GIFT City to provide permitted international banking services. The unit offers trade finance, external commercial borrowings, foreign-currency loans, loan syndication, treasury services and other permitted financial services. It serves Indian corporates, exporters, importers, financial institutions, overseas businesses and other eligible customers requiring cross-border financing and access to global financial markets. FCNR(B) deposits are also offered through the unit.
    August 13, 2026
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    Last-mile credit access is prioritised through timely lending, wider beneficiary coverage, digital support and stronger fraud vigilance.
    Banking-sector participation is emphasised through last-mile credit access for MSMEs, women entrepreneurs, rural artisans, small farmers and other underserved beneficiaries. Banks are urged to expedite government-scheme applications, maximise coverage and use technology for timely financial support. Industrial-policy assistance and incentives cover startups, SC/ST entrepreneurs, persons with disabilities and first-generation entrepreneurs. Greater coordination, expanded village banking access, and vigilance against cyber fraud and mule accounts are also prioritised.
    August 13, 2026
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    Merchandise trade growth saw rising exports to major markets alongside increased imports and continuing United States trade-pact negotiations.
    India's merchandise trade data records increased July exports to the United States and China, alongside growth in imports from both markets. Exports to Singapore, the United Arab Emirates, the Netherlands, Germany, South Africa, Tanzania, Australia, Malaysia, Sri Lanka, Italy and Vietnam showed positive growth, while July exports declined for the United Kingdom, Bangladesh, Saudi Arabia and Nepal. Imports also increased from Russia, Korea, Singapore, Germany, Oman, Malaysia, Taiwan and Brazil. India and the United States are negotiating a trade pact amid an additional United States tariff on India.
    August 13, 2026
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    GST transport documentation enforcement addresses freight movement of metals without valid e-way bills and invoices under applicable rules.
    GST enforcement action led to the seizure of copper and aluminium ingots transported by freight train without valid e-way bills and invoices. The metals were found in three train wagons during inspection of parcel cargo. Further proceedings are to be undertaken under applicable GST rules concerning movement of goods without prescribed transport documentation.
    August 13, 2026
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    Merchandise trade deficit widens as import growth outpaces exports despite strong petroleum, electronics and engineering shipments.
    Merchandise trade in July 2026 saw exports rise 19.63 per cent and imports increase 17.52 per cent, widening the trade deficit to a six-month high. Petroleum products, electronics, engineering goods and marine goods supported export growth, while crude oil and several commodity and capital-goods categories increased imports. During April-July 2026-27, faster import growth widened the cumulative merchandise trade deficit compared with the corresponding prior-year period.
    August 13, 2026
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    Bribery allegations in GST enforcement prompted arrest after alleged payment demand to avoid a tax-liability notice.
    Bribery allegations involving GST enforcement led to the arrest of a CGST Superintendent after a complaint alleged that payment was demanded from a private company to avoid issuance of a tax-liability demand notice and to close the matter. A trap operation resulted in the public servant being apprehended while allegedly accepting part of the demanded bribe, and the amount accepted was recovered. Searches were undertaken, and investigation remained ongoing.
    August 13, 2026
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    Trade performance shows rising merchandise and services exports, but faster import growth expands the overall trade deficit.
    India's combined merchandise and services exports and imports increased in July 2026 and April-July 2026-27, while the overall trade deficit widened. Cumulative exports were estimated at US$ 316.42 billion and imports at US$ 365.85 billion, resulting in a trade deficit of US$ 49.43 billion. Merchandise exports, non-petroleum exports, and exports excluding petroleum and gems and jewellery grew, led by petroleum products, electronic goods, engineering goods and chemicals. Services trade recorded a cumulative surplus of US$ 69.17 billion.
    August 13, 2026
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    Student GIC referral programmes integrate connectivity credits with funding verification and post-arrival banking arrangements for eligible international students.
    Referral arrangements connect mobile connectivity benefits with the Student Guaranteed Investment Certificate application journey. Applicants may access an online portal through a referral link, submit documents, complete know-your-customer verification, and fund the GIC from permitted Indian bank accounts in no more than two transactions. After arrival, students may activate the GIC account and open a linked bank account for receipt of GIC transfers. Eligible verified applicants receive non-cash mobile credits usable only against mobile bills, subject to a cap on the bill portion payable through credits.
    August 13, 2026
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    Global Capability Centre banking support connects offshore and onshore operations to simplify financial management and enable cross-border expansion.
    Global Capability Centre banking support is positioned around connected offshore and onshore banking, international network access, digital banking platforms, and expertise in treasury centres, cross-border corporates, and evolving GCC operating models. The approach seeks to simplify financial operations and support GCC expansion across global markets. India's GCC ecosystem is characterised as a leading global capability hub, with capability centres evolving into strategic enterprise hubs requiring support for operational and financial complexities across markets.
    August 13, 2026
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    Investment banking registration enables regulated cross-border offerings, listings, debt transactions and capital-market advisory through GIFT City.
    IFSCA registration under the IFSCA (Capital Market Intermediaries) Regulations, 2025 authorises Nexent Capital IFSC Private Limited to operate as an investment banker from GIFT City. Permitted activities include management of initial and follow-on public offerings, SPAC and secondary listings, depository receipt issuances, debt capital-market transactions, and other capital-market advisory mandates. The firm proposes to provide transaction structuring, listing-readiness, execution and post-listing capital-markets support for companies seeking capital raising and listing opportunities through GIFT City's exchanges.
    August 13, 2026
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    Merchandise export growth was driven by petroleum, electronics, engineering and marine goods, while rising imports widened the trade deficit.
    India's merchandise exports increased in July, while imports also rose and widened the trade deficit. Export growth was attributed to higher overseas shipments of petroleum products, electronics, engineering goods and marine goods. Exports and imports both recorded growth during the April-July fiscal period, and exports to West Asian countries increased in July.
    August 13, 2026
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    EXIM operations at international seaport to commence after customs clearance, bonded-area establishment, and temporary highway connectivity.
    Vizhinjam International Seaport is scheduled to commence EXIM operations after Customs clearance, issuance of Customs notifications, establishment of a Customs-bonded area, and temporary connectivity to NH-66. The port had previously handled transshipment operations. A proposed transfer of a stake in the port concessionaire to a foreign shipping company remains under committee examination and requires Central Government consideration of strategic and security aspects.
    August 13, 2026
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    Renewable energy reliability requires storage, grid readiness and ancillary service markets alongside competitive clean-power procurement.
    Renewable energy procurement is shifting beyond lowest tariffs towards dependable, dispatchable and affordable clean power, assessed through capacity value, balancing capability and system economics. Storage-backed renewable and hybrid projects can improve renewable utilisation, reduce variability and curtailment, and support peak demand. Higher renewable penetration also requires supportive storage policies, timely approvals, aligned intrastate transmission planning, stronger distribution infrastructure, and market mechanisms for ramping reserves, frequency response and fast-response balancing services.
    August 13, 2026
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    Accredited Investor certification facilitates eligible investors' access to alternative investment products, lower thresholds and applicable regulatory flexibilities.
    SEBI's Accredited Investor framework enables eligible investors and entities to obtain certification that may allow lower minimum investment thresholds for Portfolio Management Services, Alternative Investment Funds and other alternative investment products, along with applicable regulatory flexibilities. PMS Bazaar and NSDL Database Management Limited's Accreditation Agency facilitate end-to-end applications, subject to required documentation and prescribed payment. Assistance is available to individual investors and eligible clients of investment providers without additional platform, service or processing charges, while prescribed certification fees remain payable.

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      UP Governor Launches Centre for Universal Business & Entrepreneurship at Chandigarh University Uttar Pradesh Campus

      November 18, 2025

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      Governor, Uttar Pradesh Inaugurates Ultra-Modern Hostel Complex & NARI Initiative at Chandigarh University Uttar Pradesh campus LUCKNOW, India, Nov. 18, 2025 /PRNewswire/ -- India's first private AI-augmented multidisciplinary university, Chandigarh University Uttar Pradesh, took a significant step toward women empowerment in Uttar Pradesh by organizing one of its largest events to date — SynHERgy: AI-Driven Innovation for Women Empowerment. During the programme, Uttar Pradesh Governor Anandiben Patel launched the 'NARI' Scheme (Nurturing AI Revolution for Inclusion – Women in Tech). Nari Shakti is one of the four key pillars of the Viksit Bharat (Developed India) vision outlined by Hon'ble Prime Minister Narendra Modi. Taking this vision forward, under the NARI Scheme, Chandigarh University Uttar Pradesh will work to empower women across Uttar Pradesh in the fields of startups, research, healthcare, and academics. On the occasion, Governor Anandiben Patel also inaugurated an ultramodern, tech-driven campus residential facility for female students at Chandigarh University Uttar Pradesh. In its very first year, CU UP has moved rapidly towards establishing robust infrastructure, setting new benchmarks through high-tech labs, modern academic facilities, AI-powered classrooms, and dedicated AI innovation spaces. In line with this, the university has prioritized the safety and comfort of female students by developing the first-of-its-kind ultramodern, tech-driven campus residential facility at a cost of ₹250 crore. Equipped with AI-based facial recognition and advanced security features, the hostel currently offers 480 beds, with plans to expand its capacity to 4,000 beds over the next five years. Nari Scheme – Nurturing AI Revolution for Inclusion (Women in Tech): Developed by Chandigarh University, Uttar Pradesh Campus, the Nari scheme focuses on AI skilling, startup incubation, health and wellness, and women leadership development for women across the state. The initiative has been allocated an annual budget of ₹2.20 crore. Over the next three years, the plan targets training 1,500 women in tech skills, supporting 150 women-led startups, and conducting health screenings for 2,000 women. The programme will directly benefit 600–800 women each year and provide a new direction to women's leadership in the technology sector. The Nari scheme is a decisive step in strengthening a women-led technology ecosystem in Uttar Pradesh, aligned with Mission Shakti and the state's Startup Policy. Launch of CUBE – Centre for Universal Business and Entrepreneurship: To enable young entrepreneurs in Uttar Pradesh to progress from idea to scalable startup, Chandigarh University has launched the state-of-the-art CUBE – Centre for Universal Business and Entrepreneurship. The centre offers an integrated platform for capital mobilization and startup incubation, featuring a 200-hour Women Founder Programme titled CUBE Track, which focuses on key areas such as business design, go-to-market strategy, and compliance. Through CUBE, more than 50 women-led startups will be incubated every year, while seed support ranging from ₹5 lakh to ₹10 lakh per startup will be offered under the seed support pool, ensuring annual funding support for over 30 women-led ventures. In addition, startups will be strengthened through angel and VC connects, peer mentoring circles, and market access, helping ensure a minimum two-year survival rate for at least 40 percent of the startups. CUBE has also been integrated with government schemes such as Mudra, Stand-Up India, and the Women Entrepreneurship Platform (WEP), enabling young and women entrepreneurs to receive easier and faster capital access, improved disbursement timelines, and broader growth opportunities. Launch of HPV Vaccination Drive at CU UP for Cervical Cancer Prevention: UP Governor Anandiben Patel inaugurated the HPV vaccination Drive CU UP, to protect women from cervical cancer. She emphasized the importance of awareness, timely vaccination, and prioritizing women's health. The campaign marks a meaningful initiative toward building a cancer-free and healthy society. On this occasion, Hon'ble Governor of Uttar Pradesh Anandiben Patel said that it is a matter of great joy to be present at SynHERgy: AI-Driven Innovation for Women Empowerment, a visionary programme organized at Chandigarh University, Uttar Pradesh. She said it is commendable that Chandigarh University has taken an important step by expanding to the sacred land of Uttar Pradesh. She said that the AI City and Centre of Excellence being established in Lucknow will not only open limitless possibilities for the education sector but will also become a strong link connecting the state to the upcoming technological revolution. Today, the inauguration of the world-class tech driven residential facility reflects the university's commitment towards the progress, safety, and dignity of female students. She said that the NARI Scheme (Nurturing AI Revolution for Inclusion – Women in Tech), launched by Chandigarh University Uttar Pradesh with women empowerment at the centre, will provide new opportunities in technology, startups, research, health, wellness, and self-reliance to the women of Uttar Pradesh. This scheme will play an important role in taking the future India to new heights and will create new directions and opportunities for innovation. On this occasion, she highlighted the historical and cultural significance of Vande Mataram on the completion of its 150 years, and while making the students aware of its importance, she said that Vande Mataram is not merely a song—it is the expression of the nation's consciousness. It is the music of struggle and the clarion call of freedom. Every word carries the fragrance of the soil of the motherland, every line holds the memories of martyrs, and every note reflects the pride of India's rise. She added that today, women are moving forward in every field through their hard work and talent and have become the foundation of development. This initiative is an important step towards enabling women to play a leading role in the technological revolution. The Governor said that during her meeting with Hon'ble Prime Minister Narendra Modi, he had advised her to visit Chandigarh University. She added that after seeing and understanding the university, it became clear that Chandigarh University has the capability to be counted among the world's top universities in just ten years. With this belief, work was initiated in this direction. She said that we must move ahead with the resolve of building a Viksit Bharat, and the steps taken by CU UP, with this spirit are commendable and inspiring. Satnam Singh Sandhu, Rajya Sabha MP & Chancellor, CU UP, said that Chandigarh University Uttar Pradesh has been working from the very beginning with the vision of contributing to a Viksit Bharat and Viksit Uttar Pradesh. He stated that as India's first private AI-augmented multidisciplinary university, CU UP has taken a major step toward women empowerment by organizing its flagship programme SynHERgy: AI-Driven Innovation for Women Empowerment, where Governor Anandiben Patel launched the NARI Scheme. He added that through the NARI Scheme, the university will strengthen women in Uttar Pradesh in the fields of AI skilling, startups, research, healthcare, and academics. The scheme has been allocated an annual budget of ₹2.20 crore, with targets including training 1,500 women in tech skills, supporting 150 women-led startups, and conducting health screenings for 2,000 women over three years. He further shared that in its very first year, CU UP has awarded scholarships worth ₹7.50 crore to 750 girl students. In the coming years, the university will continue working to strengthen women's education, skills, entrepreneurship, and AI-driven futures. Chandigarh University UP Managing Director Jai Inder Singh Sandhu said that CU UP, India's first AI-augmented university has been developed at a cost of ₹2,500 crore across 63 acres and is rapidly progressing towards making Uttar Pradesh a hub of technical education. With high-tech AI labs, research centres, data-driven systems, and advanced campus facilities, the university is giving a new direction to the state's education ecosystem. He stated that strengthening its campus infrastructure, the university has developed an ultra-modern tech-driven residential facility for female students in campus at a cost of ₹250 crore, equipped with AI facial recognition, 24×7 smart security, digital access, health support, and student-friendly spaces. The current capacity of 480 beds will be expanded to 4,000 beds. He added that Chandigarh University's national and international rankings reflect its quality and global standards. Securing the position of India's No. 1 private university in the QS Asia Rankings for the third consecutive year stands as proof of CU's academic excellence and world-class infrastructure. About Chandigarh University Uttar Pradesh (Lucknow) Envisioned to foster a culture of sustainability and empower future global leaders, Chandigarh University, Uttar Pradesh, immerses 21st-century learners in a personalized and experiential learning experience, integrating an AI-powered academic model and a multidimensional, futuristic perspective on education. Our Uttar Pradesh campus carries forward the venerable legacy of more than a decade of Chandigarh University, Punjab, which has established itself as India's No. 1 Private University and a torchbearer of groundbreaking pedagogy and research-driven innovation. The AI-augmented new campus offers a broad spectrum of industry-driven futuristic academic programs encompassing data-driven insights, virtual reality experiences, real-world simulations, corporate mentorship, international perspective, interdisciplinary research, cultivation of entrepreneurial spirit, and professional competencies. https://www.culko.in/ Photo: https://mma.prnewswire.com/media/2826044/SynHergy_Unnao_Initiatives.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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