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    HIGHLIGHTS
    Closely monitoring: India on US bill seeking up to 100 % tariffs on purchasers of Russian oil
    Delhi HC seeks ED stand on Nayan Raheja's plea against money laundering case
    Rupee appreciates 7 paise to close at 95.43 against US dollar
    PM Modi, UK PM Burnham commit to harnessing full potential of mega trade deal
    ITC Q1 profit declines 15.6 pc to Rs 4,508.79 cr; non-cigarette FMCG posts robust growth
    Punjab extends deadline of one-time scheme for settling tax dues of pre-GST period till Sept 30
    PM Modi speaks to UK counterpart Burnham
    Bank credit to industry records robust growth of 19.2 pc in June: RBI data
    Delhi protesters' fingerprints collected from stones for identification via Aadhaar: BJP minister
    Cabinet approves Rs 84,084-cr offshore exploration scheme; govt to fund up to Rs 650 cr per well
    India's forex reserves jump USD 6.12 bn to USD 682.35 bn
    Jharkhand signs pact with CSC eStore to make SHG products made by women available online
    APEDA Facilitates First-Ever Air Shipment of Karnataka's Neelam and Totapuri Mangoes to the Maldives
    Favara-UPI Cross-Border Payment Corridor Goes Live Between Maldives and India
    SC upholds NCLAT order setting aside CCI's Rs 301.6-cr penalty on Grasim Industries
    China's factory activity unexpectedly slips into contraction in July
    PM Modi to inaugurate Bhogapuram Airport on Aug 1 in Andhra Pradesh
    Rupee rises 20 paise to 95.30 against US dollar in early trade
    APEDA Facilitates First-Ever Sea Shipment of Value-Added Flavoured Makhana from Bihar to Canada
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    July 31, 2026
    Show AI Summary
    Regulatory and legal developments cover trade measures, legislative action, offshore exploration support, court directions and platform algorithm scrutiny.
    The compilation reports proposed United States tariff measures concerning purchasers of Russian oil and gas, India-United Kingdom trade engagement, extension of farmer-support measures, and approval of offshore exploration support. It also covers passage of the Registration of Births and Deaths (Amendment) Bill, 2026, a privilege-motion notice, a criminal sentencing, and directions to appoint a nodal officer for families affected by the Russia-Ukraine war. Regulatory items include industrial credit data and examination of social-media algorithms, bias and public-order implications.
    July 31, 2026
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    Russian oil purchases may trigger proposed targeted tariffs, with periodic reassessment based on countries' purchasing behaviour.
    Proposed United States measures would authorise sanctions against Russia and persons supporting its war in Ukraine, while permitting targeted tariffs on imports from countries purchasing substantial volumes of Russian oil or gas or facilitating sanctions evasion. The framework identifies major purchasers and shadow-fleet facilitators for possible additional tariffs and provides for periodic reassessment and tariff adjustments based on purchasing behaviour. India stated that its energy-security policy rests on national priorities and diversified energy sources.
    July 31, 2026
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    Money-laundering proceedings face challenge over absent predicate offence, alleged lack of criminal intent, and treatment of related FIRs.
    Money-laundering proceedings linked to alleged diversion of homebuyer funds are challenged on the ground that no scheduled offence or criminal intent is attributable to the petitioner. The petitioner relies on his asserted exoneration in two predicate FIRs, where charge sheets did not name him, and settlement of the remaining FIR. Notice was issued for a response and status report, and the petitioner undertook to cooperate with the investigation.
    July 31, 2026
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    Rupee appreciation reflected foreign capital inflows and central bank support, tempered by crude prices and geopolitical tensions.
    Rupee appreciation against the US dollar was linked to sustained foreign capital inflows and Reserve Bank support through dollar selling. Higher crude oil prices, a stronger US dollar and geopolitical tensions in West Asia constrained further gains. A slightly positive near-term rupee bias was associated with softer dollar conditions, dovish US monetary expectations, favourable global markets and improved foreign inflows, while geopolitical risks remained relevant. Domestic equity indices rose, foreign-exchange reserves increased, and fiscal-deficit data showed the central government's position against its full-year target.
    July 31, 2026
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    India-UK trade agreement enables duty-free access and bilateral cooperation on investment, technology, and strategic partnership.
    The India-UK Comprehensive Economic and Trade Agreement provides zero-duty market access in the UK for nearly 99 per cent of India's exports and is intended to expand bilateral trade and investment opportunities. The governments committed to maximise its benefits through the Comprehensive Strategic Partnership, including cooperation on technology, innovation, security, clean energy, education and people-to-people links. Advanced technology collaboration, including artificial intelligence, is also contemplated.
    July 31, 2026
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    Excise duty increases on cigarettes pressured profitability, while calibrated pricing and FMCG growth supported market resilience.
    Excise duty increases on cigarettes affected consolidated profitability, prompting calibrated pricing and portfolio measures to protect market share and limit migration to illicit trade. The cigarette portfolio was re-architected across price points through value-accretive offerings and staggered pricing actions. Non-cigarette FMCG growth was supported by demand for packaged foods, dairy and personal-care products. Input-cost inflation was mitigated through inventory cover, commodity hedging and price-volume rebalancing amid crude-price volatility, supply-chain disruption and imported inflation concerns.
    July 31, 2026
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    One-Time Settlement Scheme offers final pre-GST tax dispute resolution relief before stricter recovery action against defaulters begins.
    The One-Time Settlement Scheme 2025 for pre-GST tax dues has been extended until September 30. Eligible taxpayers may resolve pending legacy tax disputes with full waiver of interest and penalties and slab-wise relief in principal tax. After the deadline, recovery action may be intensified under applicable tax laws and the Punjab Land Revenue Act, including property attachment, auction and freezing of bank accounts. The department also supports amicable settlement of tax disputes through the SAMADHAN initiative.
    July 31, 2026
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    Bilateral trade agreement implementation supports expanded trade, investment and strategic cooperation through technology, security, clean energy and community links.
    The India-UK Comprehensive Economic and Trade Agreement was identified as a framework for expanding bilateral trade and investment opportunities following its operationalisation. The two governments proposed closer cooperation to use the agreement for shared prosperity, while advancing their comprehensive strategic partnership through technology, innovation, defence, security, clean energy, education and people-to-people links.
    July 31, 2026
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    Sectoral bank credit growth reflects broad-based expansion across industry, services, agriculture and personal loans, with slower credit-card growth.
    Sectoral bank credit growth accelerated across non-food lending, agriculture, industry, services and personal loans. Industrial credit expanded across micro and small, medium and large enterprises, with strong lending to infrastructure, engineering, food processing, textiles, construction, metals, petroleum-related products and chemical products. Services lending was supported by non-banking financial companies, commercial real estate and trade. Vehicle and housing loans maintained double-digit growth, while credit-card outstanding growth decelerated.
    July 31, 2026
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    Biometric identification of protesters through alleged fingerprint-Aadhaar linkage was described alongside criminal-background profiling and database creation.
    Biometric identification of protesters through fingerprints recovered from alleged stone-pelting evidence was publicly described as a proposed investigative method. A minister stated that fingerprints allegedly found on stones would be linked with Aadhaar numbers to identify participants and examine their prior records. The account also referred to analysis and categorisation of detained protesters' criminal backgrounds, creation of a separate database, and proposed action against participants described as anti-social elements or persons with criminal records.
    July 31, 2026
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    Offshore hydrocarbon exploration support funds high-risk deepwater drilling, shared infrastructure and data acquisition to strengthen domestic energy production.
    The National Offshore Exploration Scheme provides public support for deepwater and ultra-deepwater oil and gas exploration, including seismic and offshore data acquisition, exploratory drilling in frontier basins, and common production and evacuation infrastructure. It addresses the high cost and geological uncertainty of offshore drilling and includes technology adoption, digital programme management, capacity building and collaboration measures. The scheme seeks to expand domestic hydrocarbon discoveries and production, attract investment across the exploration and production value chain, and reduce reliance on imported oil and gas.
    July 31, 2026
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    Foreign exchange reserves increased as foreign currency assets and gold holdings rose, alongside measures to attract forex inflows.
    India's foreign exchange reserves increased during the reporting week, principally because foreign currency assets and gold reserves rose. Foreign currency assets, expressed in United States dollar terms, include valuation effects from movements in currencies such as the euro, pound and yen. Special Drawing Rights and the reserve position with the International Monetary Fund declined. Measures including the FCNR(B) measure were reported as efforts to attract foreign-exchange inflows following rupee pressure and dollar-sales intervention.
    July 31, 2026
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    Digital marketplace access for women's self-help group products expands e-commerce opportunities while panchayat-level citizen services are strengthened.
    Digital marketplace access for women's self-help group products is proposed through a memorandum of understanding between CSC eStore and the Jharkhand State Livelihood Promotion Society. Products marketed under the 'Palash' and 'Adiva' brands are intended to be offered through an e-commerce network to widen market access, support rural women's income and entrepreneurship, and strengthen the rural economy. Digital panchayat services are also being expanded through Common Service Centres, including banking, e-governance and Aadhaar-related services.
    July 31, 2026
    Show AI Summary
    Agricultural export facilitation expands market access for late-season mangoes through farmer aggregation and direct global market linkages.
    Agricultural export facilitation enabled an air shipment of late-season Neelam and Totapuri mangoes to an international market, expanding market access and extending the mango export season. Direct sourcing through a Farmer Producer Company supported organised aggregation, quality produce, and export-oriented supply chains. Direct procurement and export market linkages enabled participating farmers to realise higher returns than conventional market channels while promoting horticultural export diversification.
    July 31, 2026
    Show AI Summary
    Cross-border digital payment integration enables real-time Favara transfers from Maldives mobile banking applications to UPI-enabled accounts in India.
    Cross-border digital payment integration between Favara and UPI enables individuals in the Maldives to make real-time person-to-person transfers to UPI-enabled bank accounts in India through mobile banking applications. Transfers are initiated in Maldivian Rufiyaa and credited in Indian Rupees. The initial service is available through participating Maldivian banks. Permitted remittances include family-maintenance transfers under foreign inward and outward remittance categories, and gift-related transfers under foreign outward remittance. Future phases are intended to introduce QR-based merchant payments and other digital payment services.
    July 31, 2026
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    Procedural Fair Hearing in competition inquiries requires notice when the Commission departs from investigative findings before imposing action.
    Competition law procedure requires the Competition Commission to notify and hear an opposite party when departing from the Director General's findings. The penalty order concerning alleged abuse of dominance in viscose staple fibre supply was set aside because Grasim Industries was not given an opportunity to respond to the Commission's disagreement with the investigative findings. The matter was remanded for fresh, time-bound consideration without a finding on the merits.
    July 31, 2026
    Show AI Summary
    Manufacturing contraction highlights weak domestic demand, property-sector pressure and continued reliance on technology-related exports for economic growth.
    Manufacturing activity in China contracted in July, as the official purchasing managers' index fell below the expansion threshold and new orders and production declined. Weak domestic demand, lower building activity and possible typhoon-related disruptions contributed to the slowdown. Consumer spending, investment and property-sector weakness continue to affect confidence, while technology-related exports support growth. Policy commitments include strengthening domestic consumption amid continued reliance on exports.
    July 31, 2026
    Show AI Summary
    Public-private partnership airport development strengthens aviation, cargo logistics, export infrastructure and sustainable connectivity through an integrated international airport project.
    The Bhogapuram airport project is being implemented under a Public-Private Partnership through the Design, Build, Finance, Operate and Transfer framework. It has obtained required aerodrome, safety, fire and environmental clearances and includes infrastructure for domestic and international aviation, passenger processing and airport security. Cargo and cold-chain facilities are intended to support exports and logistics integration, while recycled-water use and LEED Platinum standards form part of the project's sustainability features.
    July 31, 2026
    Show AI Summary
    Rupee appreciation against the US dollar continued as foreign inflows and lower crude prices supported domestic currency markets.
    Rupee appreciation against the US dollar continued in early trading, supported by foreign capital inflows and lower global crude oil prices. A stronger US dollar constrained further appreciation, while expectations of continued Reserve Bank of India intervention were cited as supporting the rupee. Declining Brent crude prices, gains in domestic equity indices and net foreign institutional investment in equities were also identified as relevant market factors.
    July 31, 2026
    Show AI Summary
    Value-added Makhana exports expand international market access, support quality compliance, and improve farmer returns through processing and branding.
    Agricultural export facilitation supported the first sea shipment of value-added flavoured Makhana from Bihar to Canada. Processed and packaged to international quality and food-safety standards, the export demonstrates the role of processing, value addition and export-oriented manufacturing in expanding overseas market access. The initiative is stated to improve farmer returns through value addition, while capacity building, export infrastructure, quality compliance, market linkages and stakeholder collaboration support the agri-export ecosystem.

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      Rajeev Bhatt: The Architect of India’s Neurodiversity and Inclusion Revolution

      December 6, 2025

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      On 3 December 2025, when Rajeev Bhatt stepped forward to receive the National Award for Empowerment of Persons with Disabilities, the thunderous standing ovation that filled the auditorium signified far more than recognition of a single achievement. It was a collective tribute to three decades of unwavering dedication—a quiet yet powerful revolution that transformed how India understands, accepts, and supports children with learning differences. For over thirty years, Rajeev Bhatt has been one of the most influential figures shaping India’s discourse on learning disabilities, neurodiversity, and inclusive education. In an era when stigma overshadowed science and parents struggled with confusion, he offered clarity, compassion, and credibility. A Visionary Ahead of His Time Long before terms like autism, dyslexia, or ADHD became part of mainstream conversation, Rajeev Bhatt was already interpreting their complexities for the nation. His pioneering books Decoding Autism and Decoding Dyslexia became foundational resources for parents, educators, and practitioners across India. These works bridged the often intimidating gap between scientific research and real-life application, making the subjects accessible and relatable. For thousands of families, these books became lifelines—sources of answers during times of uncertainty. A defining moment in his early career came through his mentorship of Aditya Bawa, the first CBSE student to receive academic recognition despite severe learning disabilities. Aditya’s recognition by then–Prime Minister Shri I. K. Gujral marked a historic shift: it brought the challenges faced by children with learning differences into national focus. This milestone did not merely change the course of one child’s life—it ignited a movement. Rajeev Bhatt emerged from that moment as a national torchbearer for inclusive education. Transforming Lives, One Child at a Time Since the early 1990s, Rajeev Bhatt has been at the forefront of India’s fight against stigma and misconception. At a time when many children were misdiagnosed or dismissed, he traveled across the country—cities, towns, and rural communities—spreading awareness that was rooted in empathy as much as expertise. Under the umbrella of the Inclusive India initiative, he conducted a wide range of programs, including awareness sessions, sensitization workshops, parent guidance modules, teacher training seminars, and community advocacy campaigns. His approach has always been gentle but firm. Instead of battling stigma through confrontation, he dismantled it through knowledge. He replaced fear with understanding, shame with acceptance, and hopelessness with possibility. Adhyayan Inclusive Learning Centre: A Model for True Inclusion One of Rajeev Bhatt’s most enduring contributions is the Adhyayan Inclusive Learning Centre, an institution he founded and continues to lead. Adhyayan is widely recognized as one of India’s most effective models of Individualized Education Program (IEP)-driven learning. Here, every child’s unique pace, strengths, and needs shape their educational pathway. Adhyayan has flourished into a nurturing, innovative ecosystem where children with autism, dyslexia, ADHD, and other learning needs experience genuine inclusion. The centre is built on three fundamental pillars: educators who adapt teaching methods to the child, mentors who build confidence, and a community that celebrates differences instead of merely accommodating them. The impact of this environment is visible in the diverse career paths pursued by its students. Many have found their calling in hospitality, culinary arts, retail, customer-facing services, digital design, fine arts, sports, fitness, music, and audio production. These success stories are not accidental—they are the result of consistent, strength-oriented guidance. Rajeev Bhatt’s belief echoes through every achievement: “Destiny is never defined by disability—only by opportunity.” Empowerment Through Strengths, Not Deficits Rajeev Bhatt’s philosophy represents a paradigm shift. Instead of focusing on what a child struggles with, he champions an education system built around what a child does naturally well. This has led to the creation of a broad, robust framework centered on four key components: 1. Strength-Oriented Education Children are encouraged to tap into their innate abilities—creativity, memory, visual perception, rhythm, or analytical thinking. Learning is shaped around these strengths so that children experience success before struggle. 2. Real-World Skill Training Practical learning forms a major part of their education. Students engage in customer interaction simulations, culinary tasks, digital literacy sessions, and creative exploration in art and music. These experiences instill both confidence and competence. 3. Social and Emotional Development Structured group activities nurture essential life skills such as communication, cooperation, emotional regulation, and resilience. These sessions help children navigate social spaces more effectively. 4. Livelihood Development and Career Preparation For older learners, Adhyayan provides pathways toward employment, freelancing, entrepreneurship, and industry-recognized certifications. Many of these young adults are now independent earners, making meaningful contributions to society. The Force Behind a National Movement Beyond his roles as educator, mentor, and author, Rajeev Bhatt has become a national catalyst for change. Parents often describe their encounters with him as life-changing; teachers call him a pioneer; students simply know him as “Rajeev Sir”—a guide who helped them rediscover their confidence. His guiding principle remains powerful in its simplicity: “Every child deserves dignity, opportunity, and a future free from fear.” He has consistently pushed India toward a more inclusive vision—one where neurodiversity is understood, respected, and celebrated. Lighting the Path for India’s Inclusive Future As India strengthens its commitment to inclusive education, Rajeev Bhatt’s work has become a blueprint for policymakers, educational institutions, and community organizations. Leaders drafting inclusive policies draw inspiration from his insights. Schools that once struggled to support diverse learners now implement structures modeled after his practices. Parents increasingly embrace early intervention, and communities are beginning to celebrate neurodiversity rather than hide it. Above all, thousands of children now walk into their futures with more courage, pride, and security because of the systems he worked tirelessly to create. A Legacy Beyond Awards The National Award of 2025 recognizes not just the work of an individual but the triumph of empathy, awareness, and empowerment across India. It represents a national shift—a collective realization that: • Autism is not an obstacle. • Dyslexia is not a limitation. • Every child carries a unique brilliance waiting to be nurtured. Rajeev Bhatt has helped ignite thousands of such sparks. With every life he touches, he helps India step closer to becoming the inclusive, compassionate society it aspires to be. https://ailcspecialschool.com/rajeev-bhatthttps://www.youtube.com/@Dr.RajeevBhatthttps://www.instagram.com/_dr.rajeevbhatthttps://www.linkedin.com/in/rajeev-bhatt-4575751 (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI

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