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    EU-ASEAN Business Council Calls for stronger action on Illicit Trade, highlights India''s Strategic role
    Union Minister of Commerce & Industry Shri Piyush Goyal Announces Task Force to Support Toy Sector, Targets 5% Global Market Share by 2032.
    Bihar: Doctor held in connection with paper leak in PSC teachers' recruitment exam 2 years ago
    NYVO Launches India’s First Family Advisory Platform to Close the Investment Advisory Gap
    Tata Power to set up solar equipment manufacturing plant in Odisha
    SC asks Parsvnath Developers to file report on pending cases against it
    HDFC Bank board imposes Rs 1 lakh penalty on its MD, CFO and Group head in MSRDC case
    Gold rebounds Rs 2,440 to Rs 1.49 lakh/10g; silver climbs Rs 5,300 amid strong global cues
    Panasonic Washing Machines in 2026: Five Models with AI Connectivity, Built-In Heaters, and Smart Fabric Care
    Chandigarh University MBA Students Secure 2,605 Job Offers from 300+ Leading MNCs in 2025 & 2026; 196 Students Receive Multiple Offers
    New Handbook In-House Matters Maps the General Counsel's Rise to Business Leadership as India Builds Legal Capability Centres
    InCred Asset Management has Crossed ₹1,000 Crore in investments in listed healthcare companies, becoming one of India''s largest dedicated Healthcar...
    OmniCard Launches India's First Flexi Benefits Basket on UPI — Employee Benefits Beyond Just Meals
    Final US Section 301 Measures on Forced Labour: India Placed in Lower Tariff Tier at 10%
    Department of Commerce Reviews Flue-Cured Virginia (FCV) Tobacco Market Situation in Andhra Pradesh
    Ministry of Corporate Affairs’ ‘Corporate Mitra Scheme’ Awareness Webinar Successfully Organized by IICA Shillong for the youth and enterprises ...
    FM Sitharaman directs Income Tax dept to work for benefit of common people
    Crime Branch chargesheets 10 accused in separate fraud & forgery cases in Jammu
    ED chargesheets 3 founders of Gameskraft under PMLA
    IDFC FIRST Bank Q1FY27 Results: Highest Ever PAT of ₹1,075 Crore, Up 132.4% YoY
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    July 28, 2026
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    Illicit trade prevention requires coordinated intelligence sharing, risk-based shipment controls and public-private cooperation to protect supply-chain integrity.
    Illicit trade prevention requires coordinated regional action through institutional intelligence-sharing, joint enforcement, regulatory alignment and public-private engagement. Proposed measures include risk-based pre-export assurance, shipment controls, digital customs tools and common principles adaptable to sector-specific risks. India is identified as a dialogue partner that can support secure regional trade through enforcement cooperation, intelligence exchange and risk-based governance. Analytical research, market intelligence, product-identification awareness and voluntary track-and-trace initiatives may assist in addressing illicit tobacco trade and strengthening lawful trade integrity.
    July 28, 2026
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    Toy-sector competitiveness is advanced through a task force and playbook focused on manufacturing, innovation, quality compliance and exports.
    Toy-sector competitiveness is proposed to be advanced through a dedicated task force and a playbook addressing manufacturing ecosystems, value chains, standards and compliance, skills, innovation, intellectual property and exports. The task force is intended to strengthen manufacturing capability, resolve value-chain bottlenecks, enable design and innovation, develop employment and skills, improve ease of doing business and support global value-chain integration. The roadmap emphasises domestic production, quality standards, localisation, branding, cluster development and support for MSMEs and startups.
    July 28, 2026
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    Examination-paper leakage allegations prompt arrest over arranging teacher recruitment candidates' access to leaked questions before the competitive examination.
    Alleged examination-paper leakage in the Public Service Commission teacher recruitment examination is under investigation by the state Economic Offences Unit. A doctor was arrested in connection with allegations that he participated in a conspiracy to leak the examination paper and arrange candidates' selection for payment. Investigators alleged that he arranged candidates who were taken to a hotel shortly before the examination and given access to the leaked question paper.
    July 28, 2026
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    Fee-only investment advisory integrates household goals, insurance and mutual fund execution through personalised, incentive-independent financial planning.
    NYVO's fee-only platform integrates investments, goals, insurance and cash flows into a personalised household financial plan. Users may connect existing mutual fund holdings, assess their alignment with financial goals and execute mutual fund transactions on the platform. Recommendations are based on an in-house asset-allocation model and mutual fund rating engine, while the flat-fee structure and absence of product-linked remuneration are intended to preserve independence from sales incentives. The platform uses read-only access under the RBI Account Aggregator framework.
    July 27, 2026
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    Solar wafer and ingot manufacturing expansion in Odisha advances subject to environmental, water and other regulatory approvals.
    A solar wafer and ingot plant is proposed on acquired special economic zone land in Odisha, subject to arrangements for environmental clearances, water and other approvals. Work is expected to commence in October, with operations targeted for January 2028. The facility is intended to support solar manufacturing capacity and may address export opportunities arising from European renewable-energy market access for non-Chinese supply chains.
    July 27, 2026
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    Homebuyer enforcement measures require developer compliance with deposit, project completion, and disclosure of pending cases.
    Homebuyer enforcement proceedings required the developer and its directors to disclose the status of pending purchaser cases and complete outstanding work in the booked dwelling unit by the specified deadline. Earlier directions required deposit of the recoverable amount with annual interest and warned of coercive consequences for non-compliance. Protective measures included freezing bank accounts, issuing bailable warrants, and preventing creation of third-party rights or transfer of possession. Insolvency proceedings were stated not to impede enforcement of directions concerning the homebuyers' claims.
    July 27, 2026
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    RBI direction compliance prompted internal disciplinary action over deposit mobilisation and marketing-expenditure payments, with the matter referred to RBI.
    HDFC Bank's board addressed potential divergence from applicable RBI Directions concerning deposits mobilised from the Maharashtra State Road Development Corporation and related marketing-expenditure payments. Based on recommendations of a Special Disciplinary Committee of Independent Directors, it treated the conduct as business overreach rather than mala fide conduct, personal enrichment, or improper motive. Monetary penalties and warning letters were issued to relevant employees, and the board directed communication of the matter to the Reserve Bank of India.
    July 27, 2026
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    Precious-metal market pricing rebounds as easing inflation concerns, global bullion strength and lower yields support gold and silver.
    Precious-metal prices rebounded in the domestic market, supported by stronger global bullion trends, lower crude-oil prices, easing inflation concerns, a weaker US dollar and lower Treasury bond yields. Domestic gold gains were limited by rupee appreciation. Further bullion-price movement was linked to geopolitical developments, inflation and GDP data, US economic indicators, and monetary-policy decisions by major central banks.
    July 27, 2026
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    Consumer financing eligibility supports instalment purchases of washing machines through partner stores, requiring in-person application and approval.
    Consumer financing for Panasonic washing-machine purchases is available through Bajaj Finance partner stores under an Easy EMI Loan or Insta EMI Card, subject to eligibility and available credit limits. Repayment is offered through instalments over specified tenures, with zero down payment available on select models. Buyers must be physically present at a partner store to apply. The process includes comparing models, verifying pre-approved eligibility through mobile-number and OTP verification, evaluating the product in store, selecting an EMI plan, and completing the transaction after approval.
    July 27, 2026
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    MBA campus placements across industry-linked management programmes report recruitment activity spanning finance, analytics, technology, supply chain, healthcare and marketing roles.
    Chandigarh University reports MBA placement activity during 2025 and 2026 across banking, information technology, financial technology, healthcare, retail, analytics, consumer goods and automobile sectors. It describes placements in flagship, applied finance and analytics, and industry-collaborated MBA programmes, including marketing, human resources, operations, supply chain, business analytics, digital marketing, financial technology, data science and healthcare management. The release identifies industry collaborations and participating recruiters, and is issued under a PRNewswire arrangement with PTI disclaiming editorial responsibility.
    July 27, 2026
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    General Counsel leadership now integrates commercial decisions, regulatory risk, legal-team design, and technology adoption within corporate management.
    Corporate legal departments are evolving from compliance-focused functions into strategic business partners. The General Counsel's role encompasses commercial decision-making, regulatory and reputational risk, acquisitions, market entry, contracts, disputes, crisis management and technology adoption. Increased regulatory complexity and the growth of legal capability centres require proactive legal functions with appropriately structured teams, processes, workflow allocation, and use of technology and artificial intelligence.
    July 27, 2026
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    Healthcare portfolio management services disclose equity strategy performance, benchmark methodology, fee treatment and the absence of regulatory performance verification.
    InCred Healthcare Portfolio is identified as an investment approach/product under an Equity Strategy pursuant to a SEBI circular. Its disclosed performance is benchmarked against the BSE 500 TRI, calculated using the Time Weighted Rate of Return method prescribed by SEBI, and stated to be net of fees and expenses. Returns for shorter horizons are described as absolute returns. The performance information is expressly stated not to have been verified by SEBI, and SEBI has not certified its accuracy or adequacy.
    July 27, 2026
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    UPI-enabled flexi benefits wallets support employee-selected tax-efficient allowances with category controls, compliance monitoring and employer reporting.
    A UPI-enabled flexi benefits wallet is described as allowing employees to allocate employer-provided allowances among eligible categories and make payments through the relevant wallet at UPI-accepting merchants. Tax-efficient treatment is stated to depend on the prescribed conditions applicable to each benefit category. Merchant-category-code controls are intended to restrict expenditure to eligible purposes, while centralised allocation, transaction visibility and reporting support employer compliance. The arrangement is stated to operate through a Reserve Bank of India licensed prepaid payment instrument framework.
    July 27, 2026
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    Section 301 forced-labour measures place Indian imports in a lower tariff tier while preserving specified product exclusions.
    Section 301 forced-labour import measures impose an additional ad valorem duty on imports from India, with India placed in a lower additional-tariff tier than initially proposed. Specified exports that attract no additional duties, and goods already subject to Section 232 measures, remain outside the Section 301 additional duty. A substantial portion of Indian exports is therefore excluded, while the remaining exports are subject to the additional duty. The textile-specific mechanism has not yet been operationalised, and engagement continues in relation to that mechanism and bilateral trade agreement negotiations.
    July 27, 2026
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    FCV tobacco market stability remains under review through coordinated measures to protect growers and maintain transparent auction operations.
    FCV tobacco market stability was reviewed with emphasis on protecting growers' interests and considering long-term measures for the sector. The delegation inspected Tobacco Board auction operations, interacted with growers on prevailing market conditions, and noted the transparent and orderly conduct of auctions. The Government is monitoring developments and examining appropriate measures with the State Government, Tobacco Board and stakeholders to safeguard FCV tobacco farmers' interests.
    July 27, 2026
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    Corporate Mitra Scheme supports MSMEs through accredited professionals delivering affordable compliance, financial, taxation, accounting and governance assistance.
    The Corporate Mitra Scheme seeks to strengthen MSMEs by connecting them with accredited para-professionals providing affordable compliance and business-support services. Corporate Mitras are envisaged to assist with regulatory compliance, finance, taxation, accounting and governance, allowing enterprises to focus on growth. The scheme also trains young graduates in industry-relevant skills and creates employment opportunities. IICA Shillong serves as the nodal agency for coordination, stakeholder liaison, promotion and awareness in the North Eastern Region.
    July 26, 2026
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    Tax administration must deliver timely lawful service, protect public assets, and uphold integrity in tax collection.
    Tax administration should assist common citizens by handling matters within departmental authority without unnecessary delay, while remaining within applicable rules. Government departments should protect public land from illegal occupation and expedite lawful land transfers, permissions, construction arrangements and procurement for departmental premises and accommodation. Integrity is the essential principle for officials performing tax-collection functions.
    July 26, 2026
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    Investment fraud and forged residence certificates prompted chargesheets over alleged misappropriation, fabricated revenue records, land purchases and employment access.
    Criminal chargesheets concerned alleged investment fraud through false promises of high returns and alleged misappropriation of investor funds, involving a company stated to be unregistered with SEBI, RBI and the relevant Registrar of Companies. A separate chargesheet concerned alleged conspiracy to procure permanent resident certificates using forged revenue records, with the certificates allegedly used for land purchases and government employment. Forensic examination reportedly found that the relevant revenue documents were not genuine according to official records.
    July 25, 2026
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    Money-laundering allegations in online rummy gaming prompt prosecution proceedings and asset attachment over suspected cheating of users.
    Money-laundering proceedings concerning online real-money rummy operations include a prosecution complaint against Gameskraft Technologies, RummyTime Technologies, founder-directors and associated persons. The allegations concern proceeds of crime said to arise from cheating users through rummy applications and from an addictive environment encouraging repeated wagering. The proceedings also involve provisional attachment, seizure and freezing of financial holdings, equity interests and immovable properties alleged to be connected with suspected proceeds of crime. The founder-directors' arrests were declared invalid by the Karnataka High Court, while the investigating agency proposes to challenge that order.
    July 25, 2026
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    Banking financial performance reflected loan and deposit growth, improved asset quality, stronger margins and prudent contingency provisioning.
    Quarterly financial performance reflected growth in customer business, loans and deposits, expansion in lending portfolios, an improved CASA ratio and lower cost of funds. Asset quality improved through reductions in gross and net non-performing assets, while profitability indicators improved in relation to net interest margin, cost efficiency, provisions, net profit and return on assets. The bank received credit-guarantee claims for its microfinance portfolio and created a contingency provision for macroeconomic and geopolitical uncertainty. Capital adequacy and common equity tier-one ratios were also reported.

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      SPJIMR announces 100% final placements for the PGDM and PGDM (BM) Class of 2026

      December 12, 2025

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      Highest CTC: INR 75 LPA | Median CTC: INR 32.85 LPA | Average CTC rises to: INR 33.75 LPA MUMBAI, India, Dec. 12, 2025 /PRNewswire/ -- Bharatiya Vidya Bhavan's S.P. Jain Institute of Management & Research (SPJIMR) successfully concluded the final placement process for its flagship two-year Post Graduate Diploma in Management (PGDM) and Post Graduate Diploma in Management Business Management (PGDM(BM)) Class of 2026, achieving 100% placements for its largest-ever batch of 356 participants, with strong compensation outcomes and broad-based recruiter participation. This year's results are particularly noteworthy: the average CTC increased to INR 33.75 LPA despite the batch size rising to 356, and the median CTC rose to INR 32.85 LPA. These outcomes, delivered in a selective and evolving hiring environment, reaffirm the sustained confidence that leading organisations place in SPJIMR talent. Prof. Varun Nagaraj, Dean, SPJIMR, said, "In an increasingly complex world, businesses need leaders who understand the intersection of profit and purpose. The Class of 2026 has demonstrated that they possess the unique ability to drive business growth while remaining socially sensitive and grounded. The enthusiasm shown by our recruiting partners is a testament to the relevance of our 'Non-Classroom Learning' pedagogy." The institute continued to attract top-tier recruiters across Consulting, FMCG, BFSI, General Management, Product, and Technology roles, reflecting SPJIMR's strong industry relationships and the proven capabilities of its students. The placement season also witnessed robust PPO conversions, increased recruiter diversity, and a balanced spread of roles, reinforcing SPJIMR's position as one of India's most trusted campuses for management hiring. Placement outcomes | Class of 2026 • Highest CTC: INR 75 LPA • Average CTC: INR 33.75 LPA • Median CTC: INR 32.85 LPA • Pre-Placement Offers (PPOs): 46% of the batch • Top 50% Average: INR 39 LPA • Top 25% Average: INR 43.75 LPA • Companies participated: 80 • New recruiters: 31 Compensation highlights • 15% of offers ≥ INR 40 LPA • 31% of offers ≥ INR 35 LPA • 68% of offers ≥ INR 30 LPA • 94% of offers ≥ INR 25 LPA Prof. Renuka Kamath, Associate Dean, Full-time Programmes, said, "The successful completion of this placement season speaks volumes about the agility and resilience of our participants. By immersing our students in diverse environments—from rural internships to global fast tracks—we prepare them to navigate uncertainty. The Class of 2026 enters the workforce not only ready to adapt to change but also equipped to lead it." Sector highlights Consulting – 40% of all offers Consulting emerged as the largest recruiting domain, with participation from global and domestic leaders such as Accenture Strategy, Boston Consulting Group, Deloitte India, Deloitte USI, EYP, Kearney, KPMG, McKinsey, Miebach, NRI, Praxis, PwC India, PwC US, Samagra Consulting, and Synergy Consulting among others. FMCG – 30% of the Marketing cohort, 22% of the OSCM cohort SPJIMR continued its strong FMCG tradition with offers from Asian Paints, Colgate-Palmolive, General Mills, Godrej Consumer Products, Himalaya, HUL, ITC, L'Oréal, Marico, Mondelēz, Nestlé, P&G, Pidilite, Reckitt, and more. General Management – 10% of the batch Conglomerates and diversified businesses recruited for leadership, rotational, and strategy roles. Key recruiters included the Aditya Birla Group, Mahindra, Reliance, RPG, TAS, and Zomato among others. BFSI and IB/PE – 32% of the Finance cohort The financial sector reinforced its presence with offers from Axis Bank, Bank of America, Barclays, Citi, Edelweiss Alternatives, Goldman Sachs, HSBC, Kotak Bank, Morgan Stanley, Nomura, o3 Capital, Standard Chartered, and others. Product, Technology and Analytics – 30% of the Information Management cohort Key recruiters included American Express, AuxoAI, GE Vernova, IDFC First Bank, MakeMyTrip, PlaySimple Games, and SRIB among others. Other notable sectors included E-commerce, Product Marketing, Real Estate, and Digital Marketing. Prof. Ashita Aggarwal, Chairperson, PGDM and PGDM (BM), said, "We are delighted to see the industry's continued faith in the SPJIMR way of learning. The Class of 2026 has secured roles that require a sophisticated blend of digital dexterity and human-centric thinking. This achievement belongs to our faculty, our alumni, and most importantly, our students." The final placements for the Class of 2026 underscore SPJIMR's commitment to developing value-based, industry-ready leaders. With 100% placements, a highest package of INR 75 LPA, strong average outcomes, and nearly half the batch securing PPOs, SPJIMR continues to remain one of India's most preferred campuses for top recruiters. About SPJIMR Bharatiya Vidya Bhavan's S.P. Jain Institute of Management & Research (SPJIMR) is one of India's leading postgraduate management institutes. It is recognised in the Financial Times MiM rankings as the #35 business school globally and among the Top 3 in India, ranked by Business Today as one of the country's top five business schools, and rated by the Positive Impact Rating as one of the top five schools worldwide for societal impact. Known for its innovative and socially-conscious approach to management education, research, and community engagement, SPJIMR aims to influence managerial practice and promote the value-based growth of its students, alumni, organisations and its leaders, and society. SPJIMR holds the international 'Triple Crown' of accreditations from EQUIS, AACSB, and AMBA. Visit SPJIMR.org for more information. Photo:Embedded Media Logo: https://mma.prnewswire.com/media/1896222/5639305/SPJIMR_Logo_1.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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