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    Par panel for early conclusion of India-US trade pact, tariff exemptions on key goods
    No commitments relating to ethanol import from US for fuel blending under FTA talks: Govt
    No concession or commitment on import of Ethanol for fuel blending from the United States
    Office of the Controller General of Patents, Designs and Trade Marks Announces Tentative Schedule for Patent and Trade Marks Agent Examinations 2027 a...
    RBI invites comments on the draft “Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026”
    West Bengal seeks 100pc foodgrain, 40pc sugar jute packaging quota at SAC meeting
    RBI clasifies Tata Sons, 16 others as large NBFCs
    Sensex climbs 374 points on buying in Reliance, ICICI Bank; Nifty ends flat
    Insurance Division, DFS Secures 3rd Rank in Group A Category of Grievance Redressal Assessment & Index (GRAI) for June 2026
    VKDL Group’s NPA Bazaar Strengthens India’s Distressed Asset Resolution Ecosystem Under the Leadership of V K Dubey
    Lok Sabha passes bill to authorise govt to permit banks to levy charges on UPI transactions
    Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee August 3 to 5, 2026
    Stock markets edged higher in early trade amid lower crude oil prices, buying in Reliance Industries
    Monthly review of accounts of Government of India upto June 2026 (FY 2026-27)
    DRI busts illegal drug manufacturing unit in Satara district in Maharashtra; two arrested
    CCI approves proposed combination inter alia involving share acquisition(s) and merger of certain entities e.g. AAPC India, Triguna, Caddie, SMPL, Tec...
    Rupee gains 20 paise to close at 95.08 against US dollar post-RBI policy decision
    TN Budget: Revenue deficit at Rs 55,775 crore, fiscal deficit estimated at Rs 1,21,819 crore
    Tatkare slams ‘gungi gudiya’ jibe against Sunetra; Cong says row being exploited for political gains
    RBI invites public comments on Draft Guidelines for ‘on tap’ Licensing of Urban Co-operative Banks
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    August 6, 2026
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    Bilateral trade agreement negotiations should secure tariff certainty, protect key exports, strengthen supply chains, and support vulnerable small industries.
    An early Bilateral Trade Agreement is proposed to protect Indian interests, secure tariff exemptions for key exports, reduce barriers affecting industrial products, and create predictable trade conditions. Recommended measures include financial and export-credit support for small industries, real-time monitoring of customs requirements, documentation assistance, and timely policy support against tariff and non-tariff barriers. Export strategy should develop knowledge services and critical supply-chain integration, while a National Fund should assist suppliers with redesign, tooling, certification and entry into new global supply chains.
    August 6, 2026
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    Ethanol imports for fuel blending remain excluded from trade commitments, with domestic producers continuing to supply the blending programme.
    Ethanol imports for fuel blending remain outside concessions or commitments in India-US trade discussions. Under the Ethanol Blended with Petrol Programme, ethanol procurement is governed solely by domestic policy requirements and is sourced entirely from domestic producers. Claims of existing or intended large-scale ethanol imports from the United States for fuel blending, or of a policy change permitting them, are stated to be baseless.
    August 6, 2026
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    Domestic ethanol sourcing for fuel blending continues unchanged, with no import commitments or concessions involving United States ethanol.
    Ethanol used for fuel blending under the Ethanol Blended with Petrol Programme is sourced entirely from domestic producers, with no imports from the United States for that purpose. No concessions or commitments on importing United States ethanol for fuel blending have been made in trade discussions. Fuel blending and ethanol procurement continue to be governed solely by domestic policy requirements, and claims of a policy change allowing large-scale imports are incorrect.
    August 6, 2026
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    Patent and trade marks agent qualification examinations require written-paper minimums, aggregate passing scores, and viva voce assessment for registration.
    Patent and trade marks agent examinations comprise an objective Paper I, a descriptive Paper II and a viva voce assessing suitability to practise before the Intellectual Property Office. Candidates must secure the stipulated minimum marks in each written paper and the required aggregate score to pass. Registration in the relevant Register of Patent Agents or Register of Trade Marks Agents is available only to candidates who satisfy all prescribed eligibility conditions and qualify the examination.
    August 6, 2026
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    Draft NBFC credit-facilities amendments open for stakeholder consultation through designated online and email feedback channels.
    Draft amendments to the Non-Banking Financial Companies credit-facilities framework have been released for public consultation. Regulated entities and other interested stakeholders may submit comments or feedback through the 'Connect 2 Regulate' platform or by email using the specified subject line.
    August 6, 2026
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    Mandatory jute packaging reservations were urged to protect cultivators, mill workers, crop absorption, and environmentally sustainable packaging.
    Mandatory jute packaging reservations were sought to be retained at full coverage for foodgrains and increased for sugar packaging for the forthcoming Jute Year. The submission before the Standing Advisory Committee emphasised absorption of bumper jute output, remunerative prices for cultivators, uninterrupted mill operations, and protection of farm and worker livelihoods. It also stressed that biodegradable jute bags offer an environmentally friendly alternative to HDPE and polypropylene woven sacks, and that dilution of compulsory packaging could undermine plastic-pollution reduction efforts.
    August 6, 2026
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    NBFC Upper Layer classification imposes enhanced regulation and listing obligations, while de-registration applications remain under examination.
    NBFC Upper Layer classification subjects identified large non-banking financial companies to enhanced regulatory requirements for at least five years and requires stock-exchange listing within three years of identification. The framework divides NBFCs into Base, Middle, Upper and Top Layers. Seventeen large NBFCs were included in the Upper Layer list, while Tata Sons' classification remains subject to the pending examination of its de-registration application.
    August 6, 2026
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    Closing auction price discovery may affect benchmark levels differently based on constituent liquidity and concentrated institutional order flow.
    The Closing Auction Session in the equity cash segment uses an auction-based method to determine closing prices of eligible shares with futures and options contracts, aiming to strengthen transparent and robust price discovery. Its effect on benchmark closing levels may differ according to constituent liquidity and institutional order flow. The Reserve Bank of India retained the policy repo rate and neutral stance, indicating that future policy decisions will be data-dependent and influenced by assessment of energy-cost effects on inflation.
    August 6, 2026
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    Public grievance redressal strengthens through monitoring, senior review, workshops, stakeholder coordination, and customer-centric service delivery improvements.
    Public grievance redressal is assessed through the Grievance Redressal Assessment and Index, which analyses grievance categories and disposal. The Department of Financial Services' Insurance and Banking Divisions received third and sixth ranks respectively in the June 2026 assessment. Its framework includes disposal of grievances, random reviews by senior officials, and workshops on effective grievance redressal, supporting best practices, stakeholder coordination, technology use, customer-centric service, and accountable public service delivery.
    August 6, 2026
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    Distressed asset resolution integrates restructuring, insolvency advisory, funding facilitation and digital marketplaces for transparent financial recovery transactions.
    The platform provides integrated advisory, management and transaction-facilitation services for Non-Performing Assets, stressed assets and distressed assets. Its services include NPA resolution, debt restructuring, One-Time Settlements, funding assistance, insolvency and bankruptcy advisory, asset reconstruction, financial restructuring and capital raising. Digital and offline marketplaces facilitate transactions involving distressed assets, receivables and related movable or immovable properties, supported by collaborations with banks, Non-Banking Financial Companies, Asset Reconstruction Companies, corporates and investors.
    August 6, 2026
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    Merchant discount rate framework may permit charges on notified UPI and digital payments through a government notification mechanism.
    The proposed amendment to Section 10A of the Payment and Settlement Systems Act, 2007 replaces the existing income-tax-linked reference with a Central Government notification-based mechanism for electronic payment modes. It removes the current statutory restriction preventing banks and payment service providers from charging Merchant Discount Rate on notified modes, enabling the Government to permit charges for UPI and other digital payments. The policy rationale is to support funding for payment infrastructure and a sustainable revenue model for service providers.
    August 6, 2026
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    Neutral monetary policy stance continues as resilient growth and food-fuel inflation risks require close macroeconomic monitoring.
    The Monetary Policy Committee retained the policy repo rate and continued the neutral monetary policy stance, citing the need to assess evolving growth-inflation conditions. Domestic activity was assessed as resilient, supported by consumption, investment, credit, manufacturing, services and exports, although global uncertainty, energy prices, supply-chain pressures, geopolitical developments and monsoon conditions remain risks. CPI inflation increased mainly because of food and fuel pressures, while underlying inflation remained moderate. The Committee considered that price pressures were not yet generalised and reaffirmed its commitment to align inflation with the target.
    August 6, 2026
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    Closing auction price discovery and a neutral monetary policy stance shaped equity market conditions amid lower crude prices.
    The Closing Auction Session in the equity cash segment introduced an auction-based mechanism for determining closing prices of eligible shares with futures and options contracts, intended to make price discovery more transparent and robust. The Reserve Bank of India retained its neutral stance and left the benchmark policy rate unchanged, pending greater clarity on the inflationary effects of higher energy costs. Future policy decisions were stated to be data dependent.
    August 6, 2026
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    Monthly public accounts review records receipts, expenditure, tax devolution, interest payments, subsidies, and capital spending through June.
    Consolidated monthly accounts up to June 2026 report total receipts of Rs.10,49,243 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution transfers to State Governments total Rs.2,63,336 crore. Total expenditure is Rs.13,57,076 crore, including revenue expenditure of Rs.10,16,818 crore and capital expenditure of Rs.3,40,258 crore. Revenue expenditure includes interest payments and major subsidies.
    August 6, 2026
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    Illicit psychotropic drug manufacture triggered seizure, apprehensions, and investigation into planned trafficking under narcotics control law.
    Illicit manufacture and trafficking of Alprazolam and Diazepam, psychotropic substances regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985, were detected at a clandestine facility. Searches recovered finished and intermediary substances, together with raw materials and reaction mixtures used in manufacture, and the goods were seized under the Act. The manufacturer and an intended buyer were apprehended, with material indicating a proposed transaction for further illicit trafficking. Preliminary investigation indicated prior involvement in illegal drug production and trafficking.
    August 6, 2026
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    Competition approval for hotel-sector consolidation covers share acquisitions and merger of Accor-branded hotel entities into InterGlobe Hotels.
    Competition approval was granted for related share acquisitions and the merger of AAPC India, Caddie, Triguna, Srilanand Mansions, Techpark and Accent into InterGlobe Hotels. The combination involves entities jointly controlled by the Bhatia Family Group and the Accor Group, including hotel-owning and developing entities, hotel management and franchising operations, leasing activities, and captive consultancy and support services relating to Accor-branded hotels in India.
    August 5, 2026
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    Rupee appreciation followed unchanged monetary policy, lower crude prices, weaker dollar and expectations of orderly exchange-rate management.
    The rupee strengthened after the central bank maintained its policy rate and neutral monetary-policy stance. Lower crude oil prices, a weaker US dollar and declining US Treasury yields supported investor sentiment. Earlier measures to attract capital inflows remained part of the framework supporting the rupee, while the central bank stressed its endeavour to preserve an orderly currency trajectory. Future movement was linked to geopolitical de-escalation, global risk sentiment and US economic data.
    August 5, 2026
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    Fiscal consolidation through revenue mobilisation and leakage control aims to reduce deficits while expanding capital expenditure capacity.
    Tamil Nadu's Revised Budget Estimates for 2026-27 project a revenue deficit and fiscal deficit, with outstanding liabilities comprising public debt and public-account liabilities. Revenue mobilisation is proposed through improved tax administration, collection efficiency, closure of leakages, liquor-manufacturer privilege fees, and eligible Union grants. The strategy projects gradual deficit reduction to create room for capital expenditure, supported by expenditure reforms aimed at eliminating leakages, optimising expenditure, and improving service delivery.
    August 5, 2026
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    Political criticism of public office-holders raises debate over media accountability, personal remarks, and acceptable public discourse.
    Political criticism followed a social-media post describing Maharashtra Deputy Chief Minister Sunetra Pawar as "gungi gudiya" in connection with a press interaction on law-and-order issues in Beed district. Congress representatives stated that the post was not a personal insult, had been deleted after adverse reactions, and was followed by an expression of regret. NCP representatives termed the expression inappropriate and stressed that the principal dignitary should conduct media interactions. Shiv Sena (UBT) representatives described the phrase as not unparliamentary and linked it to criticism of a guardian minister's public responsibilities.
    August 5, 2026
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    On-tap licensing for Urban Co-operative Banks enters public consultation through draft guidelines inviting stakeholder feedback.
    Draft guidelines for 'on tap' licensing of Urban Co-operative Banks have been issued for public and stakeholder consultation. Comments and feedback may be submitted until September 05, 2026, through the designated online consultation facility or by written or email submission to the specified regulatory department.

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      Olympian Ravi Kumar Dahiya praised the Richmondd Global School Students at Annual Sports Day Celebrations “ENERGIA-2025” in Thyagraj Stadium

      November 24, 2025

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      New Delhi [India], November 22: Richmondd Global School illuminated the iconic Thyagaraj Stadium with vibrancy, spirit and youthful vigour as it hosted its grand Annual Sports Day “ENERGIA-2025” on 9th November, 2025—a dynamic showcase celebrating talent, excellence and all-round development. The event powerfully echoed the school’s dedication to shaping confident, disciplined and forward-looking learners through authentic experiential opportunities. The occasion ascended to remarkable prestige with the presence of Padma Shree Awardee, Olympic Medalist and World Wrestling Champion Shri Ravi Kumar Dahiya as the Chief Guest, whose inspiring words encouraged students to embrace courage, perseverance and self-belief, leaving an enduring impression on the audience. Appreciating the event, Shri Ravi Kumar Dahiya shared, “I am absolutely spellbound. I have never witnessed such extraordinary perfection and breathtaking talent—from the youngest students to the seniors. Every act felt larger-than-life. The dedication, discipline and hard work of the teachers were visible at every moment on the field. The school’s effort in curating such a grand, flawless and meticulously coordinated event is truly commendable.” Chairperson Mrs. Nidhi Gupta, along with Principal Dr. Moupali Mittra, warmly welcomed and jointly felicitated the Chief Guest. CEO Mr. Rishabh Guptaa extended a warm welcome to the Parents and the School Community, emphasising meaningful learning and holistic development. He also presented a Memento to the Chief Guest. Administrator Mrs. Neha Gupta felicitated the Guest of Honour Shri Harvansh Chawla (Chairman, BRICS Chamber of Commerce and Industry). Managing Committee Member Mrs. Roopma Gupta welcomed the Special Guest of Honour Shri Shivam Chhabra (Advisor to Chief Minister, Delhi), while Managing Committee Member Mr. Nishant Gupta felicitated the Guest of Honour Shri Saurabh Gupta (Head – India Visa Services and Special Projects, VFS Global, Delhi).

      The ceremony began with the Lighting of the Lamp, symbolising purity and auspicious beginnings. This was followed by a colourful March Past, where all students marched together in perfect synchronisation, demonstrating unity, discipline and pride. A visually striking moment followed as balloons carrying the school banner ascended skyward, while pigeons released by the dignitaries marked the official commencement of the programme, symbolising -Strength ,Spirit and Energy.

      A defining highlight was the Grand Torch Lighting Ceremony, where the Chief Guest Shri Ravi Kumar Dahiya lit the ceremonial torch and handed it to the Head Boy. His victorious lap around the track officially declared the Annual Sports Meet Open. This was followed by the Oath-Taking Ceremony, in which the Head Boy and Head Girl led participants in pledging integrity, fairness and unwavering sportsmanship.

      Principal Dr. Moupali Mittra presented the School Report, highlighting the Scholastic Achievement, Gem Of the Year,CBSE accomplishments, SGFI recognitions and distinguished co-curricular progress. Meritorious students were honoured on stage for their excellence and consistency.

      The programme continued with a series of impressive presentations by students, beginning with Divine Genesis, a beautifully coordinated Ganesh Vandana, followed by Mystic Synergy by students of nursery and Prep. The sequence advanced into Danza del Espíritu, presented by students of Class I – The Dance of the Spirit, where students presented a rhythmic Hula-Hoop performance, displaying agility, balance and coordination. This was followed by Sinfonía en Marcha – put up by students of Class II Symphony on the Move, a remarkable marching formation, and Mélodie des Parapluies, showcased by the students of Class III–IV – Melody of Umbrellas, in which colourful umbrella patterns swept gracefully across the arena.

      The athletic events then infused the stadium with excitement as students competed in the 100-metre dash, 400-metre race and Relay Race, demonstrating determination, competitive spirit and physical excellence. Winners were awarded with gold, silver and bronze medals by the honourable Cheif Guest .

      Further displays of student skill included Yong Saui Chum-Kumphu – done by the students of Class V – The Dance of the Warriors, featuring martial arts, tile-breaking and controlled fire stunts that showcased strength, precision and courage; Dynamic Dreams – rendered by the students of Class VI – With Faith in Motion, a gymnastics act of flips, pyramids and acrobatics reflecting balance and athletic excellence; Veeranjaneya Nritya – presented by the students of Class V and Class VI – The Dance of the Brave, portraying the heroic strength of Lord Hanuman; Pulse of Peace Yoga – put up by the students of Class VII, presenting remarkable balance, serenity and mindfulness; Spinergy – showcased by the students of Class III and Class IV, a graceful skating performance marked by smooth glides and coordinated patterns; and Kalaripayattu, The Dance of Power and Precision, honouring India’s ancient martial tradition with disciplined stances and fluid combat motions.

      After this magnificent performance, the next enthralling segment unfolded as “the RGS Rock Band” elevated the atmosphere, delivering a high-energy performance. Students played the guitar, drums and other instruments, accompanied by powerful vocals that filled the stadium with enthusiasm and youthful vibrancy, making the entire arena come alive, rocking to the power-packed music and electrifying energy.

      This seamlessly led into the Grand Finale – The Grand Crescendo, a mesmerising, eye-catching and captivating conclusion that brought everyone together. The stage transformed into a vibrant sea of colour and beauty as students from all classes came together on one platform, creating a spectacular visual harmony. It unfolded as a colourful, radiant display, leaving the audience inspired by the unity, joy and collective pride that defined the spirit of ENERGIA-2025.

      As ENERGIA-2025 moved toward its closing moments, the National Anthem united everyone in the stadium. It was a deeply goosebumps-inducing moment, with thousands of voices rising together in patriotic pride and emotional resonance.

      A heartfelt Vote of Thanks by the Headmistress acknowledged the Dignitaries, Staff, Teachers, Parents and Students for their immense contribution. ENERGIA-2025 concluded as a grand testament to Richmondd Global School’s vision—celebrating teamwork, discipline, creativity and the limitless potential of every learner.

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

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