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    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
    Compounded annual growth rate of Manufacturing GVA at constant prices (2022-23 base) as per revised series during 2022-23 to 2025-26 is 10.88%
    National Company Law Tribunal (NCLT) Launches e-Inspection and e-Certified Copy Services
    The Government of India to launch the Central Bank Digital Currency (CBDC)-based Direct Benefit Transfer (DBT) in the Union Territories of Chandigarh ...
    India and the Southern African Customs Union (SACU) sign Terms of Reference (ToR) for negotiations towards a Preferential Trade Agreement
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    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.
    August 13, 2026
    Show AI Summary
    Manufacturing GVA growth under the revised national accounts series highlights stable sectoral contribution and resilience-focused industrial measures.
    Manufacturing performance is assessed under the revised National Accounts Statistics series using 2022-23 as the base year. Manufacturing's share of total Gross Value Added at current prices remained broadly stable through 2025-26, and Manufacturing GVA at constant prices achieved a compounded annual growth rate of 10.88% from 2022-23 to 2025-26. Production Linked Incentive schemes, logistics and industrial-corridor measures, semiconductor initiatives, and MSME support seek to strengthen domestic manufacturing, diversify supply chains, reduce import dependence, and improve resilience.
    August 13, 2026
    Show AI Summary
    Electronic inspection and certified copies expand digital access to judicial records while supporting efficient case management and reduced delays.
    NCLT has launched e-Inspection and e-Certified Copy Services for faster and more convenient access to judicial records and certified copies by advocates, litigants and other stakeholders. The services support a technology-enabled Registry framework and transparent, efficient justice delivery. Pendency monitoring, workload redistribution, Special Benches, maximisation of court time, and registration and listing guidelines are intended to improve case management, optimise limited judicial resources and reduce avoidable delays.
    August 13, 2026
    Show AI Summary
    CBDC-based food subsidy transfers enable eligible beneficiaries to use Digital Rupee wallet credits for traceable foodgrain purchases.
    CBDC-based Direct Benefit Transfer under the Pradhan Mantri Garib Kalyan Anna Yojana will credit eligible beneficiaries' food subsidies as programmable Digital Rupee tokens directly into CBDC wallets. Beneficiaries may use these credits to purchase foodgrains from empanelled merchants through secure, real-time and traceable payments, replacing conventional bank-account transfers. The model is intended to improve traceability, reduce leakages and cash handling, enable real-time monitoring of subsidy use, and provide a scalable framework for CBDC integration with welfare schemes.
    August 13, 2026
    Show AI Summary
    Preferential trade agreement negotiations begin under agreed terms covering market access, origin rules, trade remedies and dispute settlement.
    India and the Southern African Customs Union have signed Terms of Reference to commence negotiations for a Preferential Trade Agreement. Negotiations are envisaged on trade in goods and market access, rules of origin, customs procedures and trade facilitation, trade remedies including bilateral safeguards, sanitary and phytosanitary measures, technical barriers to trade, dispute settlement, and legal and horizontal provisions. The Terms of Reference establish the negotiating framework only; preferential tariff treatment and other operative commitments depend on conclusion of a final agreement.

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      The Wait Is Over: Nykaa Pink Friday Brings the Biggest Beauty Steals of 2025

      November 22, 2025

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      Mumbai, Maharashtra, India (NewsVoir) Hey beauty fam, brace yourselves! The Nykaa Pink Friday Sale is back, bigger and bolder than ever. Mark your calendars because from 21st November 2025, starting at 4 PM, you can snag your fave skincare, haircare, and makeup goodies for up to 60% off. Yep, you read that right—up to 60% off. So, start filling that Pink Box now before it’s game over! Hold up, don’t blink. This is India’s biggest beauty sale of the year, with over 1,800 brands dropping jaw-dropping deals across hair, skincare, and makeup. From cult classics to brand-new arrivals, Nykaa’s got all your beauty cravings covered. If scrolling through endless options stresses you out, chill. Nykaa beauty editors have done the heavy lifting and handpicked the top-selling products at mega-slash prices. Time’s ticking though, so grab these deals before they ghost you.

      Cult Classics and offers you cant resist When it comes to cult classic brands such as Lakmē, L'Oréal, and Maybelline, the Pink Friday Sale will not disappoint, as they are up to 50% off. You also stand to get free gifts with every purchase that exceeds Rs 599, Rs 899, and Rs 999, respectively. When it comes to skin, Cetaphil, Plum, and Foxtale are the brands to keep an eye out. Cetaphil has up to 30% on their entire inventory, Plum is giving away tickets to Disneyland, Cerave as it has first time offer - Min 20% Off with free gifts on all orders Luxury Deals Calling all luxury lovers! Pink Friday isn’t just about staples; it’s about treating yourself to the glam life. M.A.C is giving 30% off plus B2G1 flash deals, while Charlotte Tilbury serves 30% off luxe faves. NARS is slashing 15–30% off select products, and Estée Lauder hooks you up with up to 25% off plus a Buy-2-Get-1 bonus. Skincare divas can stock Clinique at 30% off and Eucerin at 25% off with free minis. Lancôme is gifting up to 20% off plus luxe extras, while Laneige offers 20% off plus a freebie on spends above Rs. 999. For makeup addicts, Bobbi Brown has up to 30% off plus B2G1, and Carolina Herrera adds up to 15% off plus an extra Privé bonus. Luxury just got a whole lot sweeter.

      Free Gifts on Orders Pink Friday is basically Christmas in November. Some of the biggest brands are stacking freebies on every qualifying order. Kay Beauty is giving a free gift on Rs. 1,199+, while Nykaa Cosmetics sneaks in a lipstick bonus. Lakmé, L’Oréal Paris, and Dot & Key are dropping full-size surprises and minis, while Plum, Cetaphil, and Minimalist are making your everyday essentials even better with high-value add-ons. Luxury lovers, Laneige, Lancôme, and Eucerin have premium minis and luxe gifting for select spends, while Bobbi Brown and Estée Lauder are throwing in B2G1 deals and travel-size favourites. Fragrance and body-care fans, you’re not left out either—expect limited-edition treats, deluxe minis, and seasonal goodies. Basically, your Pink Friday cart = major happiness.

      Bumper Giveaways Want more? Of course, you do. Follow @MyNykaa on Instagram to unlock insane giveaways by participating in exciting contests. Ten top shoppers will score 100 free lipsticks each, and lucky peeps could win a Dyson hamper or a trip to Disneyland. One superstar will get a Nykaa Luxe Golden Ticket for 50 free luxe fragrance minis, and another will snag a Golden Ticket for Charlotte Tilbury’s entire Pillow Talk range. Oh, and the first ten people who send a screenshot of a Pink Friday ad? A Nykaa voucher worth Rs. 5,000 is all yours.

      Haircare Heaven Nykaa Pink Friday is here to upgrade your hair game, too. Agaro is dropping a jaw-dropping 70% off. Alan Truman, Winston, and Ikonic Professional / Ikonic Me have 30–50% off their bestsellers, perfect for a styling upgrade. Salon legends like L’Oréal Professionnel, Wella Professionals, Matrix, Kérastase, Bare Anatomy, and Olaplex are giving 25–40% off pro-level tools plus free minis. Everyday staples like Dove, TRESemmé, and Wishcare are up to 60% off. First-time hair arsenal builders or premium upgraders, Nykaa’s Pink Friday has every tool you need to slay.

      On Nykaa Play, enjoy live shopping, blockbuster giveaways, exclusive coupons, and more rewards. Nykaa Play is the interactive in-app channel where you can shop and learn in real-time with top industry experts, viral celebrities, and leading beauty creators. Shoppers stand a chance to win free gift cards, beauty hampers, and more.

      We also have something for fashion lovers Nykaa Fashion is serving the biggest style party of the season! From twirl-worthy western fits to swoon-worthy Indianwear, sharp menswear, trendy kids’ looks, and even chic home upgrades, everything is dropping up to 80% off (yes, really). Your fave brands like Cider, Twenty Dresses, H&M, Libas, Biba, Nykd, RSVP, Forever New, ONLY, and Autumnlane are basically throwing a price-drop fiesta. Sneakerheads, this is your moment, Puma, Adidas, Skechers, Crocs, Asics, Converse, and New Balance are offering steals so good you might need a second shoe rack.

      Desi glam lovers, get ready to shine. Libas, Soch, Biba, Varanga, Janasya, Vaamsi and more are dropping festive fits with deals that hit harder than shaadi-season dhols. Accessory addicts, don’t panic, we didn’t forget you. Aldo, Miraggio, Guess, John Jacobs, Vincent Chase, Zaveri Pearls, Palmonas, and Accessorize London are serving up to 75% off, plus extra discounts to sweeten the sparkle.

      Boys, your style glow-up is here. US Polo, Calvin Klein, Snitch, Jack & Jones, Rare Rabbit, and The Souled Store are all on sale, no more “I have nothing to wear.” And for your home, Wonderchef, Pure Home + Living, Mason Home, D’Decor and Obsessions are ready to turn your space from “okay-ish” to Pinterest-worthy in a single cart swipe.

      Oh, and the kids? Hopscotch, PS Peaches, Mini Stitch, R&B and more are dropping adorable styles at “Is this even real?” prices. Basically, if you were waiting for a sign to shop, this is it, massive savings, endless styles, and all the fun. Dive in and shop the hottest deals only at Nykaa Fashion! Ten days. Thousands of deals. One iconic sale. Nykaa Pink Friday is here, dive in. This is your all-in-one beauty and lifestyle playground, and missing it is not an option. The deals, the freebies, the luxury steals - they’re all waiting.

      Download the Nykaa app and Nykaa Fashion app or head to www.nykaa.com and www.nykaafashion.com and start shopping now. Your Pink Friday haul is calling! All offers and deals are subject to applicable terms and conditions.

      (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR

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