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    Explore Touristhub Holidays LLP Honoured by Saina Nehwal at Business Excellence India Awards 2026
    Rupee falls 62 paise to close at 96.30 against US dollar
    Union Minister of Commerce and Industry Shri Piyush Goyal Begins Spain Visit with High-Level Engagements to Deepen India–Spain Economic Partnership
    Direct tax mop-up grows 16 pc to over Rs 6.51 lakh cr so far in FY27
    IC Electricals Secures INR 4.89 Crore Export Order from US Customer Through Subsidiary Safe Coils India; Export Order Book Surpasses INR 17.20 Crore
    UP RERA to facilitate GST refund for homebuyers, warns builders against excess levy
    India, UK trade pact to come into force from July 15: An Explainer
    WPI inflation rises to 9.87 pc in June; minerals, food items see price spike
    SC adjourns suo motu case on NCLT vacancies, infrastructure; says appointments process underway
    CBN Madhya Pradesh Unit busts high-tech MD manufacturing lab in Pune; Two masterminds arrested from Ujjain and Jodhpur under multi-city ‘Operation V...
    DRI busts several wildlife trafficking networks across India operations
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    CCI imposes penalty on HP India and its certain resellers for indulging in anti-competitive practices in supply of personal system products
    China's exports surge 27% from year earlier as AI boom drives strong demand
    ED attaches over Rs 50 cr in assets in crypto 'fraud' case
    Framework deal is ready, to be signed at right time: Comm Secy on India-US trade pact
    US citizen found guilty of helping export tech to Iran in violation of sanctions
    SC upholds SEBI action against Kotak AMC, says compliance with securities regulations mandatory
    Rupee falls 30 paise to close at 95.68 against US dollar
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    July 14, 2026
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    Business excellence recognition highlights Explore Touristhub Holidays LLP's personalized travel planning, service quality, and customer-focused holiday experiences.
    Explore Touristhub Holidays LLP received recognition as a leading travel agency for memorable holiday experiences. The recognition highlighted its personalized holiday planning, customer satisfaction, itinerary innovation, and contribution to India's travel and tourism sector. The company provides leisure holidays, corporate travel management, MICE services, educational tours, group departures, honeymoon packages, pilgrimage tours, and customized travel experiences. Its service approach emphasizes tailored itineraries, quality hospitality, safety, seamless execution, competitive pricing, reliable support, and assistance throughout the journey.
    July 14, 2026
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    Rupee depreciation reflects crude oil pressures, geopolitical uncertainty, safe-haven dollar demand, widening trade deficit, and rising inflation
    The rupee depreciated against the US dollar amid higher crude oil prices, renewed geopolitical concerns and increased demand for safe-haven dollar assets. Rising crude prices increased India's dollar-denominated import burden and contributed to foreign exchange outflows and pressure on the domestic currency. India's exports increased year-on-year in June, but the trade deficit widened as imports, particularly crude oil imports, rose. Wholesale price inflation also increased, while net direct tax collections recorded year-on-year growth, primarily reflecting higher corporate tax collections.
    July 14, 2026
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    Bilateral economic cooperation expands through trade, investment, innovation, industrial partnerships and technology collaboration across priority sectors
    India and Spain pursued deeper economic cooperation through discussions on trade, investment, innovation and industrial partnerships. Priority areas included renewable energy, green hydrogen, advanced manufacturing, digital technologies, infrastructure, clean energy, mobility, tourism, automotive, railways and smart infrastructure. The discussions addressed market access, resilient supply chains, technology partnerships, investment flows and business linkages. The India-Spain Business Forum examined opportunities in manufacturing, infrastructure, renewable energy, digital technologies, the digital economy and innovation, while the Fast Track Mechanism was discussed as a means of facilitating new investments and strengthening business confidence.
    July 14, 2026
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    Direct tax collections rise as corporate and non-corporate tax receipts grow, alongside increased refunds during the fiscal year
    Net direct tax collection increased by 16.40 per cent to over Rs 6.51 lakh crore up to July 13 of the fiscal year. Net corporate tax collection rose by 22 per cent, while net non-corporate tax collection, covering individuals, Hindu undivided families and firms, increased by about 12 per cent. Refunds of Rs 1.22 lakh crore were issued, and gross direct tax collection increased by 16.11 per cent to over Rs 7.73 lakh crore.
    July 14, 2026
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    Export Order Through Subsidiary Expands Railway Equipment Business and Increases Unexecuted International Order Book Beyond Prior Executions
    IC Electricals received a USD 510,000 export purchase order from a United States customer through its subsidiary, Safe Coils India Private Limited. The order increases its unexecuted export order book to USD 1.8 million, representing growth of more than 300% compared with export orders executed during financial year 2025-26. The company manufactures railway electrical and electronic equipment and undertakes turnkey railway electrification projects, including design, supply, erection, testing, and commissioning of 25 kV AC overhead equipment and traction substations. Its forward-looking growth statements remain subject to governmental, economic, political, operational, and technological risks.
    July 14, 2026
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    Excess GST collection requires promoter refund or direct GST claims by eligible homebuyers after credit-note deadlines expire
    Registered real estate promoters must collect GST from homebuyers only at notified rates and refund any excess collection or issue a credit note where legally permissible. If a project is cancelled, an agreement terminated, or an allotment revoked after the statutory credit-note period expires, an eligible unregistered allottee may seek a direct GST refund by obtaining temporary registration through a PAN and filing Form GST RFD-01 with proof of tax payment, supporting documents, and a promoter-issued certificate. Claims must be filed within two years and remain subject to GST verification.
    July 14, 2026
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    India-UK trade pact expands preferential market access, with phased automobile tariffs, procurement rights, origin rules and intellectual-property safeguards
    The India-UK Comprehensive Economic and Trade Agreement provides duty-free or reduced-duty access for nearly 99% of Indian exports to the UK and phased tariff reductions for specified UK goods entering India. Automobile concessions are subject to quotas and differentiated treatment for conventional, electric, hybrid and hydrogen vehicles. Alcoholic-beverage concessions depend on phased tariff reductions and minimum import prices, while specified products remain excluded. The agreement covers government procurement, stronger intellectual-property enforcement while preserving compulsory licensing, temporary social-security contribution relief for transferred employees, and rules of origin requiring specified production, processing or value addition for preferential tariffs.
    July 14, 2026
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    Wholesale inflation rises as mineral, food, fuel and non-food prices intensify, complicating RBI's inflation-management mandate.
    Wholesale Price Index inflation increased to 9.87 per cent in June 2026, driven by mineral oils, food articles, basic metals, and chemicals. Fuel and power inflation remained elevated, while food and non-food article prices also rose. Retail inflation increased to 4.38 per cent. The Reserve Bank of India primarily considers CPI inflation for monetary policy and is mandated to maintain headline inflation at 4 per cent, with a tolerance range of 2 per cent on either side. Its inflation projection was raised due to higher input costs and the transmission of global energy prices to retail fuel prices.
    July 14, 2026
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    NCLT vacancies and infrastructure gaps remain under review as delays in insolvency resolution plans raise IBC efficiency concerns
    Delays in appointing judicial and technical members to the National Company Law Tribunal, inadequate infrastructure, and concerns over its disposal rate are being considered in suo motu proceedings. The hearing was deferred after the appointment process was reported to be underway. The proceedings followed concerns regarding persistent delays in approving insolvency resolution plans under the Insolvency and Bankruptcy Code, including applications pending before the NCLT for periods ranging from weeks to several years.
    July 14, 2026
    Show AI Summary
    Synthetic drug trafficking enforcement exposes clandestine Mephedrone laboratories, leading to arrests and seizure of manufacturing equipment under narcotics law
    Interstate synthetic drug trafficking enforcement under the NDPS Act, 1985 led to the dismantling of a sophisticated Mephedrone manufacturing laboratory and the arrest of two alleged chief conspirators during coordinated operations. Officers seized digital machinery, laboratory equipment, heavy glassware, precursor chemicals and safety gear used in illicit MD production. Sustained intelligence and interstate investigation identified a second facility financed and coordinated by a co-conspirator. Simultaneous searches resulted in the second arrest and seizure of the clandestine laboratory's equipment and chemicals, which were taken into possession under the NDPS Act, 1985. Further investigation remains in progress.
    July 14, 2026
    Show AI Summary
    Wildlife trafficking enforcement targets ivory, endangered species, and transnational smuggling through coordinated operations and CITES-based protections
    Intelligence-led operations targeted organised wildlife trafficking involving endangered and protected fauna, ivory, and other wildlife products. More than 440 protected or endangered animals, approximately 15 kg of ivory articles and elephant ivory, and products including pangolin scales, leopard pelt, seahorse-based articles, and Red Sanders were seized, while 33 persons were arrested or apprehended. Elephant ivory recoveries were referred to the Forest Department for action under the Wildlife (Protection) Act, 1972. The Indian elephant is protected under Schedule I, trade in elephants and derivatives is prohibited, commercial ivory trade is restricted under CITES obligations, and ivory imports and exports are prohibited under the Foreign Trade Policy.
    July 14, 2026
    Show AI Summary
    Reseller cover bids and coordinated supplies sales treated as cartelisation, with penalties and cease-and-desist directions imposed
    The Competition Commission of India addressed cartelisation in the sale and supply of toner, cartridges and other consumables used with print hardware products. Sixteen Tier-2 resellers were identified as having sought and submitted support or cover bids, contrary to Sections 3(3)(d) read with Section 3(1) of the Competition Act, 2002. HP India was identified as playing a central role in the arrangement. Monetary penalties were imposed on HP India, the resellers and relevant officials under Section 48, together with directions to cease and desist from the anti-competitive conduct.
    July 14, 2026
    Show AI Summary
    Bid-price coordination and tender-participation manipulation in personal system products attract competition-law penalties and cease-and-desist directions.
    HP India and five resellers were found to have engaged in cartelisation in the sale and supply of personal system products. The conduct included dictating bid prices and manipulating reseller participation in GeM tenders by withholding authorisation. The conduct was treated as contravening Sections 3(3)(d) read with Section 3(1) of the Competition Act, 2002. The resellers were found to have acted in collusion with HP India, while officials were treated as liable under Section 48. Penalties and cease-and-desist directions were imposed under the Act.
    July 14, 2026
    Show AI Summary
    Export Growth Driven by AI Demand as Technology Products, Semiconductors, and Electric Vehicles Lift China's June Trade Performance
    China's exports increased sharply in June, driven by strong external demand associated with the expansion of artificial intelligence. Exports of electric vehicles, semiconductors, and related technology products expanded significantly, while imports also recorded substantial year-on-year growth. Strong export manufacturing helped offset weakness in domestic demand.
    July 13, 2026
    Show AI Summary
    Cryptocurrency investment fraud allegations trigger PMLA provisional attachment of bank deposits, flats, and commercial shops linked to diverted funds.
    The Enforcement Directorate reported a money-laundering investigation into an alleged cryptocurrency fraud involving ATC Coin. It alleged that investors were induced to contribute funds through assurances of high and assured returns, and that the collections were deposited with Jewria Services Club India before being diverted through accounts of the accused and associated entities. Under the Prevention of Money Laundering Act, bank deposits and Mumbai properties comprising residential flats and commercial shops were provisionally attached.
    July 13, 2026
    Show AI Summary
    Preferential market access anchors India-US trade negotiations as tariff investigations and bilateral commitments remain under discussion
    India and the United States are progressing negotiations on a framework deal and a bilateral trade agreement focused on preferential market access and comparative tariff advantages. India is engaging with the USTR on Section 301 investigations concerning forced labour and excess industrial capacity. The forced-labour investigation has proposed an additional tariff on imports from India, but the measure remains unfinalised. India has urged resolution through bilateral negotiations rather than unilateral measures. The excess-capacity investigation remains pending, and the eventual trade agreement is expected to address relevant aspects of the bilateral trade relationship, including tariff treatment, market access, and investigation-related issues.
    July 13, 2026
    Show AI Summary
    Export-control sanctions prohibit routing electronic components to Iran through intermediaries, with conspiracy liability turning on knowledge and assistance.
    US export-control sanctions prohibit the unlawful export of electronic components to Iran through intermediaries or front companies. The reported prosecution concerned allegations that an employee conspired with an Iranian business associate to obtain components for a Tehran-based company whose technology had potential military applications. Prosecutors relied on documents, text messages, photographs, and communications said to show knowledge and assistance, while the defence disputed procurement, the Swiss company's characterization as a front, and proof that components reached Iran. Evidence concerning a specific drone attack was limited to general evidence about the Iranian company and potential military applications.
    July 13, 2026
    Show AI Summary
    Mandatory securities compliance governs mutual fund redemptions, investor consent, disclosures, due diligence, and trustee responsibilities
    Compliance with securities regulations is presented as mandatory regardless of whether investors ultimately incur losses or receive benefits. Close-ended mutual fund schemes must be redeemed at maturity unless formally rolled over with informed written investor consent and prior disclosure to SEBI. The reported issues also include inadequate due diligence regarding issuers' financial condition, excessive reliance on pledged collateral, delayed disclosures to investors and SEBI, and the trustee company's failure to independently assess regulatory compliance and unitholder interests.
    July 13, 2026
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    Rupee weakness reflects geopolitical risk, crude prices, capital outflows, rising inflation, and widening trade pressures on India
    The Indian rupee weakened against the US dollar amid heightened US-Iran tensions, elevated crude oil prices, a stronger dollar and foreign capital outflows. Pressure on the domestic currency was linked to concerns over India's import bill and risk aversion in global markets, while domestic market recovery and some moderation in crude prices limited the decline. Retail inflation rose above the central bank's four per cent target, and the merchandise trade deficit widened as imports, particularly crude-related imports, increased despite stronger exports.
    July 13, 2026
    Show AI Summary
    Predicate-offence acquittal removes the foundation for money-laundering proceedings arising from alleged coal-block allocation irregularities
    Money-laundering proceedings under the Prevention of Money Laundering Act depend on the existence of a scheduled offence and identifiable proceeds of crime. Although money laundering is an independent offence, its prosecution cannot survive when the predicate offence forming its foundation has ended in acquittal. The basis for treating property or transactions as proceeds of crime is then removed, making continuation of proceedings for money laundering and company-related liability under the PMLA legally unsustainable. Proceedings may be reopened if the acquittal is later set aside or materially varied.

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      Merck Foundation CEO and Africa First Ladies Share Their Partnership Journey in Transforming Patient Care Landscape, Supporting Girl Education and Breaking Infertility Stigma in Africa

      December 3, 2025

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      Mumbai, Maharashtra, India & Banjul, The Gambia – Business Wire India • The 12th Edition of Merck Foundation Africa Asia Luminary was officially inaugurated by the Vice President of The Republic of The Gambia, H.E. Mr. MUHAMMAD B. S. JALLOW and Merck Foundation Chairman, Prof. Dr. Frank Stangenberg-Haverkamp. • The conference was co-chaired by The First Lady of the Republic of The Gambia, H.E. Mrs. FATOUMATTA BAH-BARROW and Merck Foundation CEO, Senator, Dr. Rasha Kelej and attended by The First Ladies of Burundi, Central Africa, Liberia, Nigeria, São Tomé & Príncipe and Senegal, as Guests of Honor. • The conference was attended by close to 1,600 participants including healthcare providers, policymakers and media from 52 English, French, and Portuguese speaking countries, who benefited from three parallel scientific and social sessions to advance healthcare capacity and awareness in 44 critical and underserved medical specialties. Additionally, the conference had 2.25 million viewers online from 53 countries, further amplifying its impact and extending access to knowledge and dialogue across continents. • Merck Foundation celebrated the 13-year journey of their development programs, during 2025 Luminary. • Watch the video of MFFLI Committee Meeting held during the 12 Merck Foundation Africa Asia Luminary 2025: https://youtu.be/sc2XFyU3s10 Merck Foundation, the philanthropic arm of Merck KGaA Germany, conducted the 12th Edition of their annual conference, “Merck Foundation Africa Asia Luminary”, in partnership with the Government of The Gambia in Banjul, The Gambia. The conference was inaugurated by H.E. Mr. MUHAMMAD B. S. JALLOW, Vice President of the Republic of The Gambia, together with Prof. Dr. Frank Stangenberg-Haverkamp, Chairman of Merck Foundation Board of Trustees, and co-chaired by H.E. Mrs. FATOUMATTA BAH-BARROW, The First Lady of Gambia and Ambassador of Merck Foundation More Than a Mother and Senator, Dr. Rasha Kelej (Ret.), CEO of Merck Foundation and President of Merck Foundation First Ladies Initiative along with The First Ladies of African countries, who joined as the Guests of Honor and Keynote Speakers: • H.E. Madam ANGELINE NDAYISHIMIYE, First Lady of the Republic of Burundi • H.E. Madam BRIGITTE TOUADERA, First Lady of the Central African Republic • H.E. Mrs. KARTUMU YARTA BOAKAI, First Lady of the Republic of Liberia • H.E. Senator OLUREMI TINUBI, CON First Lady of the Federal Republic of Nigeria • H.E. Mrs. MARIA DE FATIMA VILA NOVA, First Lady of the Democratic Republic of São Tomé and Príncipe • H.E. Madam MARIE KHONE FAYE, First Lady of the Republic of Senegal On Day 2 of the Summit, the Merck Foundation First Ladies Initiative Committee (MFFLI) was conducted. Senator Dr. Rasha Kelej, CEO of Merck Foundation and Co-Chairperson of 12th Merck Foundation Africa Asia Luminary 2025 emphasized, “It was a privilege to convene the Merck Foundation Africa First Ladies Initiative (MFFLI) Committee Meeting together with our Chairman and my dear sisters, the First Ladies of Africa, who are also our Ambassadors of the ‘Merck Foundation More Than a Mother’. During the meeting, we evaluated the impact of our ongoing programs and discussed the 2026 strategy to further strengthen healthcare and media capacity and address critical social and health issues including Breaking Infertility Stigma, Supporting Girl Education, Ending Child Marriage and FGM, Stopping GBV, Empowering Women, and raising awareness about health concerns such as Diabetes and Hypertension.” Watch the video of Merck Foundation CEO during the MFFLI Committee Meeting in The Gambia: https://youtu.be/4jBpqYSWHTQ Prof. Dr. Frank Stangenberg-Haverkamp, Chairman of the Merck Foundation Board of Trustees, expressed, “It was truly encouraging to hear from the First Ladies of Africa and Asia about the significant progress made in their countries through Merck Foundation’s initiatives and the meaningful impact these programs have had nationally.” Watch the video of Prof. Dr. Frank Stangenberg-Haverkamp during the MFFLI Committee Meeting in The Gambia: https://youtu.be/GySmgsWzpWY H.E. Mrs. FATOUMATTA BAH-BARROW, The First Lady of Republic of The Gambia & Ambassador of Merck Foundation More Than A Mother, also the co-chair of the luminary, emphasized, “I am delighted to welcome my dear sisters, the First Ladies of Africa, along with the Merck Foundation CEO and Chairman, to my country. MFFLI is a vital platform that allows us to reflect on our achievements and discuss the way forward. I take pride in my partnership with Merck Foundation, through which we are reshaping our public healthcare system and making history by providing scholarships for our very first specialists in crucial fields such as oncology, fertility, and more. Merck Foundation has provided 94 scholarships for Gambian doctors in many critical specialties. Moreover, we are also providing annual scholarships for 40 deserving yet underprivileged girls, helping them to complete their education and achieve their full potential.” Watch the video of The Gambia First Lady during the MFFLI Committee Meeting in The Gambia: https://youtu.be/ISqIZH0NmGM Merck Foundation also released a new children’s storybook and its animation film adaptation titled “Ray of Hope” to raise awareness about cancer, with a special focus on early detection, prevention and access to quality cancer care especially in childhood cancer. The storybook and animation film were released by Merck Foundation Chairman and CEO, together with First Ladies of Burundi, Central Africa, The Gambia, Liberia, Nigeria, São Tomé & Príncipe and Senegal. Read ‘Ray of Hope’ storybook here: https://merck-foundation.com/flipbook-proxy/digital_library/1760607426_e5e3447ae2996a8d743f.pdf# Watch ‘Ray of Hope’ animation film here: https://youtu.be/6vCAufPnCPw During the Merck Foundation First Ladies Initiative Committee (MFFLI) committee meeting, the African First Ladies shared the progress of Merck Foundation programs in their countries and discussed the 2026 strategy. H.E. Madam MARIE KHONE FAYE, The First Lady of the Republic of Senegal & Ambassador of Merck Foundation More Than A Mother shared, “I’m proud to join my sisters on this esteemed platform. Each time I get an opportunity to learn more about Merck Foundation’s impactful programs and their far-reaching benefits. I’m pleased to share that Merck Foundation has provided 29 scholarships for our young doctors in Oncology, Diabetes, Fertility, and Embryology, and I’m eager to scale up this effort. I am also happy to launch the Merck Foundation Community Awareness initiatives in my country to raise awareness about critical social and health issues. Moreover, we have started the Educating Linda program and are providing annual scholarships to 40 underprivileged but high performing schoolgirls.” Watch the video of The First Lady of Senegal during the MFFLI Committee Meeting in The Gambia: https://youtu.be/9RXLqNgZlqc H.E. Mrs. MARIA DE FATIMA VILA NOVA, The First Lady of the Democratic Republic of São Tomé and Príncipe & Ambassador of Merck Foundation More Than A Mother, stated, “I am honored to be part of this prestigious platform and to bring Merck Foundation’s impactful programs to my country as the Ambassador of the More Than a Mother campaign. Through the Educating Linda and Lindo program, we are annually supporting the education of 40 high-performing yet underprivileged girls and boys, giving them the chance to complete their studies and follow their dreams. Merck Foundation has also started to enroll our local doctors for specialty trainings. This is the first time we are working on such programs in our country.” Watch the video of The First Lady of São Tomé and Príncipe during the MFFLI Committee Meeting in The Gambia: https://youtu.be/Ki8NmqyShHg H.E. Senator OLUREMI TINUBU, CON, The First Lady of the Federal Republic of Nigeria & Ambassador of Merck Foundation More Than A Mother shared, “I found the discussions during the MFFLI Committee Meeting truly inspiring and motivating. I’m deeply impressed by the impact Merck Foundation has made in Nigeria, particularly the 81 scholarships for our young doctors in vital fields such as Fertility, Oncology, and Diabetes and many more. I am also deeply passionate about girls’ education, and through the Educating Linda program, we are currently providing annual sponsorships to support the education of 71 high-performing yet underprivileged schoolgirls. I am happy to empower the deserving girls in our country.” Watch the video of The First Lady of Nigeria during the MFFLI Committee Meeting in The Gambia: https://youtu.be/YqsSQSS85_I H.E. Mrs. KARTUMU YARTA BOAKAI, The First Lady of the Republic of Liberia & Ambassador of Merck Foundation More Than A Mother shared, “I truly value this platform as it helps us share our progress and shape the way forward. Through our partnership with Merck Foundation, we’ve provided 52 scholarships for doctors in Fertility, Embryology, Oncology, and Diabetes care, and we are now looking forward to expanding into additional critical specialties. We also remain committed to supporting girls’ education, with 40 deserving schoolgirls currently being benefiting from the Educating Linda program annual scholarships.” Watch the video of The First Lady of Liberia during the MFFLI Committee Meeting in The Gambia: https://youtu.be/Z2bH574_55E H.E. Madam BRIGITTE TOUADERA, The First Lady of Central Africa & Ambassador of Merck Foundation More Than A Mother emphasized, “As one of the early members of this esteemed platform, I remain committed to working closely with Merck Foundation to build healthcare capacity by supporting scholarships for our doctors. I’m also deeply invested in the ‘Educating Linda’ program, through which we’re sponsoring 40 underprivileged schoolgirls in our country. I look forward to expanding these initiatives to further amplify their impact.” Watch the video of The First Lady of the Central African Republic during the MFFLI Committee Meeting in The Gambia: https://youtu.be/t7d1oIeauEM H.E. Madam ANGELINE NDAYISHIMIYE, First Lady of the Republic of Burundi & Ambassador of Merck Foundation More Than A Mother shared, “I’m truly pleased to engage in meaningful discussions with my dear sisters on the impact of our partnership with Merck Foundation. I’m proud to share that we’ve provided 244 scholarships for Burundian doctors and will continue expanding this support across 44 critical specialties. We also deeply value the Educating Linda program, through which we are providing annual scholarships for 40 high-performing yet underprivileged schoolgirls. Promoting girls’ education remains a shared priority for all of us.” Watch the video of The First Lady of Burundi during the MFFLI Committee Meeting in The Gambia: https://youtu.be/iSTMgPV_7WY The conference was held in a hybrid format and was attended by close to 1,600 participants including healthcare providers, policymakers and media from 52 English, French, and Portuguese speaking countries, who benefited from three parallel scientific and social sessions to advance healthcare capacity and awareness in 44 critical and underserved medical specialties. Additionally, the conference had 2.25 million viewers online from 53 countries, further amplifying its impact and extending access to knowledge and dialogue across continents. The 12th Edition of Merck Foundation Africa Asia Luminary was streamed live on the social media handles of Merck Foundation and Senator, Dr. Rasha Kelej, CEO of Merck Foundation. @Merck Foundation: Facebook, X, Instagram, and YouTube. @Rasha Kelej: Facebook, X, Instagram, and YouTube. Link to the Facebook live stream of Inaugural Session of 12th Merck Foundation Africa Asia Luminary: https://www.youtube.com/live/h2_pOgZW9OY?si=u9sRUYz8H5tRC9ca Summarizing Merck Foundation’s initiatives and impact: Merck Foundation is transforming the Patient care landscape and making history together with their partners in Africa, Asia, and beyond, through: • 2400+ Scholarships provided by Merck Foundation for healthcare providers from 52 Countries in 44 critical and underserved medical specialties. Merck Foundation is also creating a culture shift and breaking the silence about a wide range of social and health issues in Africa and underserved communities through: • 3700+ Media Representatives from more than 35 countries trained by Merck Foundation to better raise awareness about different social and health issues • 8 Different Awards launched annually for the best Media coverage, Song, Films, and Fashion • Around 30 songs to address health and social issues, by local singers across Africa • 9 Children’s Storybooks in four languages - English, French, Portuguese, and Swahili • 6 Awareness Animation Films in five languages - English, French, Portuguese, Spanish and Swahili to raise awareness about breaking infertility stigma, supporting girl education and prevention and early detection of Diabetes, Hypertension & Cancer • Pan African TV Program "Our Africa by Merck Foundation” addressing Social and Health Issues in Africa through “Fashion and ART with Purpose” Community • 1100+ Scholarships provided annually to high-performing but under-privileged African schoolgirls from 18 countries, to help them to complete their studies and empower them to reach their full potential • 15 Social Media Channels with more than 8.5 Million Followers Click the link below to Download Merck Foundation App https://www.merck-foundation.com/MF_StoreRedirection Join the conversation on our social media platforms below and let your voice be heard Facebook: Merck Foundation X: @MerckFoundation YouTube: MerckFoundation Instagram: Merck Foundation Threads: Merck Foundation Flickr: Merck Foundation Website: www.merckfoundation.com About Merck Foundation The Merck Foundation, established in 2017, is the philanthropic arm of Merck KGaA Germany, aims to improve the health and wellbeing of people and advance their lives through science and technology. Our efforts are primarily focused on improving access to quality & equitable healthcare solutions in underserved communities, building healthcare & scientific research capacity, empowering girls in education and empowering people in STEM (Science, Technology, Engineering, and Mathematics) with a special focus on women and youth. All Merck Foundation press releases are distributed by e-mail at the same time they become available on the Merck Foundation Website. Please visit www.merck-foundation.com to read more. Follow the social media of Merck Foundation: Facebook, X, Instagram, YouTube, Threads and Flickr. The Merck Foundation is dedicated to improving social and health outcomes for communities in need. While it collaborates with various partners, including governments to achieve its humanitarian goals, the foundation remains strictly neutral in political matters. It does not engage in or support any political activities, elections, or regimes, focusing solely on its mission to elevate humanity and enhance well-being while maintaining a strict non-political stance in all of its endeavors. To View the Image, Click on the Link Below: Merck Foundation Chairman and CEO with African First Ladies during the MFFLI Committee Meeting in Gambia (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

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