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    India gets USD 20.72 bn forex inflows under swap facility since Jun: RBI
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    Fourth Edition of National Conference on Responsible Business Conduct (NCRBC) 2026 Concludes in New Delhi
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    July 20, 2026
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    Concessional foreign-exchange swaps incentivise fresh FCNR(B) deposits and foreign borrowings to strengthen balance-of-payments liquidity.
    The concessional foreign-exchange swap facility incentivises fresh FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings to strengthen the balance of payments and support foreign-exchange liquidity. Its availability is time-limited, with FCNR(B) deposits eligible until September 2026 and OFCB and ECB inflows eligible until December 2026. Reported inflows were primarily mobilised through FCNR(B) deposits.
    July 20, 2026
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    Geographical indication recognition protects traditional product identity while supporting rural entrepreneurship, quality maintenance, digital access and artisan market opportunities.
    Geographical Indication recognition is being pursued for additional traditional products from Jharkhand to protect product identity and expand protected regional products. GI recognition supports cultural heritage, rural entrepreneurship and market access for artisans and primary producers. Post-registration measures emphasise product-quality maintenance and digital e-commerce access, alongside skill development, marketing initiatives, rural haats and support for non-farm sectors.
    July 20, 2026
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    Banking sector earnings concerns and geopolitical tensions pressured benchmark equities, while broader markets and selected defensive sectors gained.
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    July 20, 2026
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    Internal Ombudsman independence strengthens fair customer grievance resolution, prevents escalation, and drives institutional learning from recurring complaint patterns.
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    July 20, 2026
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    UPI security framework mandates advanced controls, alongside risk-based limits and authentication safeguards to strengthen payment ecosystem resilience.
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    July 20, 2026
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    July 20, 2026
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    Homebuyer order enforcement requires developer to deposit recoverable dues with interest, with imprisonment warned for continued non-compliance.
    Final homebuyer compensation and possession-related directions were enforced by requiring the developer and its officials to deposit the entire recoverable amount with annual interest in the court registry within one week. Existing asset freezes were to continue, and continued non-compliance could lead to imprisonment. The purchasers had obtained final regulatory compensation directions, but execution proceedings, notices and warrants had not resulted in payment or possession. Third-party rights and transfer of possession were restrained pending compliance.
    July 20, 2026
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    July 20, 2026
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    Parental consent in APAAR enrolment requires a genuine opt-out option and compliance with personal data protection safeguards.
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    July 20, 2026
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    Agricultural export facilitation supports frozen potato product market access through trade promotion and state logistics assistance for exporters.
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    July 20, 2026
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    Responsible business conduct requires credible ESG disclosures, sector-specific reporting, supply-chain due diligence and inclusive MSME participation for sustainable development.
    Responsible business conduct and ESG integration were presented as constitutional and legal obligations connected with environmental protection, social equity, human dignity and sustainable development. ESG was discussed as extending beyond compliance to support resilience, risk management and sustainable innovation. Key priorities included credible, comparable and reliable disclosures; sector-specific reporting responsive to materiality and data gaps; responsible value-chain due diligence; MSME capacity-building; technology-enabled traceability; credible assurance; and rigorous, comparable environmental metrics. Capacity-building, policy research and partnerships were identified as important to advancing inclusive ESG adoption.
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    July 19, 2026
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    Banking-sector performance reporting records higher profitability, improved asset quality and lower provisions for bad loans, although operating profit declined and capital adequacy moderated. Corporate governance developments include appointment of a part-time chairman following the former chairman's resignation and concerns about internal practices. The chairman's prior financial-services role was associated with actions against shell companies and ponzi schemes targeting black-money structures. Reappointment of the managing director and chief executive officer remains subject to committee consideration.
    July 18, 2026
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    Covid business loan fraud involved inflated turnover, duplicate applications, personal diversion, and criminal sentencing with recovery action.
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    July 18, 2026
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    Onion export infrastructure: growers seek a Nashik export hub, dedicated terminal and logistics link to global markets.
    Onion growers seek development of Nashik as a National Onion Export Hub linked to the proposed agricultural market near Vadhvan port. The proposed framework includes an onion export terminal, grading, sorting, packing, quality testing and customs-clearance facilities, and rail, container and cold-chain logistics. Additional requests include a stable national onion export policy, support for processing industries, direct farmer producer organisation participation in exports, an export promotion cell, and a training, research and export-guidance centre.
    July 18, 2026
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    EXIM operations at Vizhinjam will establish an international cargo gateway while retaining open-access common-user port services.
    Full export-import (EXIM) operations at Vizhinjam International Seaport are scheduled to commence from August 18, transitioning the port from a transshipment hub into an international cargo gateway. The launch is intended to reduce logistics costs, improve supply-chain efficiency, enhance export competitiveness, and support investment and employment. The port will continue as an open-access, common-user facility serving shipping companies on an equal basis.
    July 18, 2026
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    India-Finland technology cooperation expands across digital infrastructure, sustainable manufacturing, research partnerships, investment, and emerging industrial technologies.
    India-Finland cooperation was advanced through discussions on telecommunications, digital infrastructure, electronics manufacturing, research and development, innovation, clean technologies, advanced materials, and technology transfer. Further priorities included smart urban infrastructure, sustainable construction, advanced manufacturing, localisation, industrial machinery, clean industrial solutions, and investment. The engagements also explored EV charging infrastructure and reinforced business-to-business linkages for long-term cooperation in technology, sustainable manufacturing, research, and investment.

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      Pune land deal: Cops question suspended tehsildar and power of attorney holder

      December 11, 2025

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      Pune, Dec 11 (PTI) The police have jointly questioned suspended tehsildar Suryakant Yeole and power of attorney holder Sheetal Tejwani in the controversial Pune land deal involving a firm linked to Maharashtra Deputy CM Ajit Pawar's son Parth Pawar, an official said.

      Besides Tejwani and Amadea Enterprises LLP partner Digvijay Patil, Yeole is the third accused named in the case registered at the Khadak police station. Parth Pawar is a majority partner in Amadea Enterprises, but has not been named in the FIR. Patil is Parth Pawar's business partner and cousin.

      Tejwani, who held the power of attorney (PoA) on behalf of land sellers, was arrested on December 3 and is in police custody till December 11.

      The Pune police's Economic Offences Wing (EOW), which is probing the case, questioned Yeole and Tejwani on Wednesday.

      The sale of 40 acres of land in the upscale Mundhwa area for Rs 300 crore to Amadea Enterprises came under scrutiny last month after it emerged that the plot belongs to the government and could not be sold. The firm was also allegedly exempted from paying Rs 21 crore in stamp duty.

      A police official said Yeole was summoned to the EOW office and both he and Tejwani were questioned together.

      The suspended tehsildar was questioned about the notice he issued to the Botanical Survey of India (BSI), the lessee of the 40-acre land, asking it to vacate the property.

      Following a letter received from Amadea Enterprises, stating that the firm is the new owner of the land following the deal, Yeole sent an eviction notice to BSI, a governmental research institution, instead of informing about the matter to the district collector's office, according to the official.

      Power of attorney holder Tejwani sold the land to Amadea Enterprises despite knowing it belonged to the state government.

      Following the arrest of Tejwani, the EOW seized the original sale deed and the original power of attorney given to her by the 272 original watandars (hereditary holders) of the land.

      After the deal came to light, Deputy CM Ajit Pawar last month said Parth and his business partner were not aware that the land belonged to the government. He claimed the controversial transaction has been cancelled.

      The Bombay High Court on Wednesday raised sharp questions regarding the police probe into a controversial deal, suggesting authorities might be shielding Parth Pawar by failing to name him in the FIR.

      Noting that Parth Pawar, a majority partner in the firm involved, was omitted from the FIR, a single judge bench of Justice Madhav Jamdar asked directly, "Is the police protecting the son of the deputy chief minister and only investigating others?" Public Prosecutor Mankunwar Deshmukh said the police investigating the case will take necessary action as per the law.

      Maharashtra Chief Minister Devendra Fadnavis on Wednesday said that from the very beginning, the government's stand in the Pune land deal case was not to protect anyone, and assured that action will be taken against whoever is found guilty. PTI SPK RSY GK

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