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    Govt hikes windfall gains tax on petrol, diesel, ATF exports
    No guidelines to regulate online astrology platforms: Consumer affairs department to CIC
    Yellow.ai, a Global Leader in Enterprise Agentic AI, to Go Public via $550 Million Merger with Bluerock Acquisition Corp.
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    Trane Technologies Reports Strong Second Quarter Results; Raises Full-Year Revenue and EPS Guidance
    CBN dismantles inter-state counterfeit drug network in Bihar under Operation Vajra; mastermind arrested
    DRI seizes quantities of gold; drugs, e-cigarettes and other contraband in pan-India Ops; 20 persons, including 5 foreign nationals, arrested
    Union Government releases tax devolution of ₹1,09,019 crore to State Governments, as one advance instalment to accelerate their capital and deve...
    Raymond Lifestyle Limited Delivered a stable Q1 FY27 Performance
    Rupee rises 31 paise to 95.12 against US dollar in early trade
    Customs seizes 8 kg gold worth over Rs 11 cr at Kerala airports in one week
    Drill, Baby, Drill: India to fund Rs 650 cr per well for 60 deepsea wells to break its oil import habit
    Punjab GST revenue rises 20 pc to Rs 10,447 crore in April-July: Cheema
    India-China trade through Shipli La resumes after six years
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    August 3, 2026
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    Windfall gains tax on petroleum exports increases to discourage exports and preserve domestic fuel availability during regional supply disruptions.
    Special additional excise duty on exports of petrol, diesel and aviation turbine fuel has been increased for the relevant fortnightly period, while existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall gains tax is intended to preserve domestic availability of petroleum products during the West Asia crisis and prevent exporters from benefiting unduly from price differences linked to elevated global crude oil prices.
    August 3, 2026
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    Online Astrology Platform Regulation: consumer department reported no guidelines, while information requests required revised factual disclosures.
    Online astrology platforms were reported as lacking specific regulatory guidelines within the consumer affairs department. The RTI application sought information on alleged unfair trade practices, investigations, complaints, licences, approvals, and applicable rules. The National Consumer Helpline stated that it had not investigated because it functions as a grievance-resolution platform. A revised factual response was required on investigations and complaint data, while queries concerning regulation, licences, approvals, and related investigations were to be transferred to the public authorities likely to hold that information.
    August 3, 2026
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    Business combination disclosure outlines shareholder approval, registration requirements, financing conditions, and forward-looking risks for the proposed public listing.
    The proposed business combination would take Yellow.ai public through a definitive agreement with Bluerock Acquisition Corp., subject to customary closing conditions and shareholder approval. Bluerock intends to file a Form S-4 registration statement containing a proxy statement/prospectus for proxy solicitation and securities issuance in connection with the transaction. The communication is not an offer or solicitation and states that no securities offering may occur without compliance with applicable registration, qualification or exemption requirements. Transaction projections and anticipated benefits are forward-looking statements subject to material risks and uncertainties.
    August 3, 2026
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    Bilateral investment and trade facilitation drive proposed co-investment, digital cooperation and advanced manufacturing partnerships between Indian and Uzbek businesses.
    India-Uzbekistan cooperation is proposed through co-investment, co-manufacturing and co-innovation, supported by the Bilateral Investment Treaty to promote investor confidence and reciprocal investment. Priority sectors include mining, textiles, healthcare, agriculture, food processing, digital technologies and advanced manufacturing. Trade facilitation measures include reducing trade barriers, mutual recognition of standards, approvals, testing and certification, customs digitalisation and improved trade routes. Regulators and standard-setting bodies are expected to cooperate under a structured, time-bound economic partnership.
    August 3, 2026
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    Concessional agricultural credit supports working capital, crop diversification, allied activities, and digital expansion under the Kisan Credit Card scheme.
    The Kisan Credit Card-Modified Interest Subvention Scheme provides concessional institutional credit to reduce farmers' interest burdens and improve timely working-capital access. The scheme is reported to support cropping intensity, multi-season cultivation, diversified crop portfolios, timely input use, and credit discipline through the Prompt Repayment Incentive. It also supports dairy, livestock, and fisheries-based income diversification. Credit-delivery measures include collateral-free lending, digital platforms, simplified applications, coverage expansion, and awareness campaigns. State-wise data tracks operative accounts, outstanding credit, and non-performing Kisan Credit Card accounts.
    August 3, 2026
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    Banking inclusion expands rural access while digital credit systems and payment security controls address service delivery and cyber fraud.
    Banking inclusion is pursued by providing banking outlets within a five-kilometre radius of inhabited villages, with branch expansion permitted subject to rural-coverage requirements and continuing assessment of uncovered areas. Agricultural credit delivery uses digital loan, beneficiary-verification, processing and claim-settlement systems. Digital payment security measures require minimum controls for payment channels and include fraud-intelligence sharing, artificial-intelligence-based identification of money-mule activity, digital lending-app analysis, cyber-incident reporting, public awareness campaigns and electronic-banking training.
    August 3, 2026
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    Foreign exchange market movement strengthened the rupee as lower crude prices, investment inflows and improved risk sentiment provided support.
    Foreign exchange market movement saw the rupee strengthen for a sixth consecutive trading session against the US dollar, supported by declining global crude oil prices, a softer dollar, foreign institutional investment inflows and gains in domestic equity markets. Improved global risk sentiment followed the decision to defer planned US military strikes against Iran and allow diplomatic engagement. Renewed geopolitical tensions were identified as a factor that could limit further appreciation.
    August 3, 2026
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    Quarterly financial performance reflects revenue growth, improved standalone profitability, and continued investment in AI-led digital technology platforms.
    Quarterly financial performance reported revenue growth in standalone and consolidated operations, higher standalone profit before tax, and a return to consolidated profitability. The company continues to invest in an AI-led, intellectual-property-driven digital technology strategy through enterprise software, SaaS platforms, digital commerce, cloud, data and AI solutions. Its priorities include scalable platforms, proprietary technology assets, recurring-revenue offerings, partnerships and selective acquisitions. Complete financial results, notes to accounts and regulatory disclosures are available through exchange filings and the company website.
    August 3, 2026
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    MSME delayed-payment reforms strengthen award recovery, faster dispute adjudication, invoice discounting, and interim supplier payment protection.
    MSME delayed-payment reforms seek faster adjudication, strengthened recovery and improved liquidity for enterprise suppliers. Courts may direct payment of at least half of an awarded amount where a setting-aside application remains pending beyond six months. Mediated settlements and arbitral awards may be recovered as arrears of land revenue and recognised as legally enforceable debts under the insolvency framework. The measures also provide graded penalties, voluntary digital registration, invoice settlement through the Trade Receivables Discounting System, and additional Facilitation Councils.
    August 3, 2026
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    Monetary policy rate setting remains cautious as inflation, liquidity, growth and global uncertainty shape the policy stance.
    Monetary policy rate setting is expected to remain cautious amid global uncertainty, rising inflation risks and steady domestic growth. The inflation outlook is affected by energy-price pass-through, higher input costs, and seasonal and monsoon-related food-price pressures. Policy decisions are expected to remain data-dependent, guided primarily by domestic inflation, liquidity conditions and economic growth. A cautious or neutral stance is identified as preferable while external risks and inflation developments persist.
    August 3, 2026
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    Forward-looking financial disclosure raises revenue and earnings guidance while describing non-GAAP measures, capital allocation, and material business risks.
    Financial performance reporting identifies increased bookings, revenue growth, continuing earnings, and backlog, with segment-level operating and margin measures. The release addresses cash flow, capital allocation through dividends, acquisitions and share repurchases, and increased full-year revenue and earnings guidance. Forward-looking statements concerning financial performance, operations, demand, liquidity and capital deployment are subject to identified risks and uncertainties. Non-GAAP measures are presented as supplemental to GAAP measures, with definitions and reconciliations stated to be available in accompanying materials.
    August 3, 2026
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    Counterfeit drug enforcement targets illicit manufacture, storage and trafficking networks, with coordinated seizures and referral of non-narcotic stock.
    Counterfeit-drug enforcement under Operation Vajra addressed an inter-state network involved in the illicit manufacture, storage and distribution of narcotic drugs, psychotropic substances and spurious pharmaceutical products. Searches of unregistered godowns recovered narcotic products, unauthorisedly manufactured Buprenorphine injection ampoules, and counterfeit non-NDPS medicines. A farmhouse-based illicit manufacturing facility was dismantled, with machinery, chemicals and related materials seized under the NDPS Act, 1985.
    August 3, 2026
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    Anti-smuggling enforcement targets concealed gold, narcotics, protected products, prohibited e-cigarettes and restricted imports through coordinated intelligence operations.
    Intelligence-led anti-smuggling operations resulted in seizures of foreign-origin gold, narcotic drugs, hydroponic weed, protected wildlife and forest products, prohibited electronic cigarettes, and restricted poppy seeds and areca nuts. The operations identified concealment through fabricated baggage cavities, false cargo declarations, misdeclaration of origin, forged documentation, and concealment in transport vehicles. Poppy seeds are restricted under the Foreign Trade Policy and may be imported only subject to conditions concerning legally cultivated produce from designated countries and registration of import contracts with the Narcotics Commissioner.
    August 3, 2026
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    Tax devolution advance instalment strengthens State finances for accelerated capital and developmental expenditure through distribution of Union tax proceeds.
    Tax devolution was released to State Governments as an additional advance instalment alongside the normal monthly devolution schedule. The fiscal transfer shares net proceeds of Union taxes and duties with States, with the stated purpose of strengthening State finances and supporting accelerated capital and developmental expenditure. The release includes a State-wise distribution of tax-devolution proceeds.
    August 3, 2026
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    Financial performance reporting highlights revenue and EBITDA growth, garmenting recovery, retail optimisation, ESG commitments, and forward-looking risk disclosures.
    Financial performance reflects growth in total income and EBITDA, with improved margin, reduced net working-capital days, and a net-cash position. Branded textiles and high-value cotton shirting reported lower revenue due to the prior-year base effect, while branded apparel grew but faced lower margin from channel mix. Garmenting improved through order-book execution, tariff rationalisation, and new global clients. ESG priorities include female representation, waste-management initiatives, renewable energy, emissions reduction, and workplace safety. Forward-looking statements remain subject to regulatory, political, economic, and technological risks.
    August 3, 2026
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    Foreign exchange market support strengthens the rupee as lower crude prices, portfolio inflows and reserve growth improve sentiment.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar, attributed to lower global crude oil prices, a weaker dollar, sustained foreign portfolio inflows, higher foreign exchange reserves, and Reserve Bank of India presence in the foreign exchange market. Domestic equity market gains and net foreign institutional equity purchases were also identified as supporting factors.
    August 2, 2026
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    Gold smuggling detection targets sophisticated concealment methods through strengthened passenger profiling, intelligence gathering and coordinated investigations into organised networks.
    Gold smuggling detection at Kerala airports led to multiple seizures, registration of cases and arrests in alleged smuggling attempts. Organised networks reportedly use gold in paste or compound forms concealed in clothing, body cavities, aircraft seats and other unconventional locations. Enforcement measures include strengthened passenger profiling, intelligence gathering and inter-agency coordination, while investigations continue to identify associated syndicates and financiers.
    August 2, 2026
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    Offshore exploration funding supports deepwater drilling, shared infrastructure and seismic data to strengthen domestic hydrocarbon production potential.
    The Samudra Manthan National Offshore Exploration Scheme provides direct budgetary support for high-risk deepwater and ultra-deepwater exploratory drilling, subject to cost-sharing and per-well limits. Support is available to eligible operators holding or securing exploration acreage. The scheme also funds offshore data acquisition and shared subsea, receipt and processing infrastructure through a Common Hub Infrastructure model. It is intended to promote risk exploration, improve commercialisation of offshore discoveries and strengthen domestic hydrocarbon production potential within the existing exploration and licensing framework.
    August 1, 2026
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    GST compliance enforcement combines taxpayer refunds, analytics-based fraud detection, cancellation of fake registrations, and recovery of outstanding VAT arrears.
    Punjab attributed increased GST collections to voluntary compliance, intelligence-based enforcement and technology-driven tax administration, while facilitating compliant taxpayers through timely GST refunds. Data analytics, risk profiling and field verification were used to identify tax evasion, bogus billing, fake input tax credit networks and misuse of the GST registration framework. Measures included penalties, cancellation of fraudulent registrations and recovery of long-pending VAT arrears through attachment and auction of defaulters' properties.
    August 1, 2026
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    Cross-border barter trade resumes through Shipki La, subject to permitted goods, time limits, and import-export compliance requirements.
    Cross-border barter trade through Shipki La between India and Tibet resumed after a six-year interruption. Traders may exchange specified goods under a barter arrangement and must return within 72 hours. Traders are required to comply strictly with import-export regulations prescribed by the Union Ministry of Commerce, emphasising transparency and regulatory compliance. Expansion of permitted goods may be pursued through prescribed governmental and external-affairs channels.

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      Suraksha Clinic and Diagnostics & United Imaging Launch UAcademy Learning Center For Radiologists at Grand Radiology Meet 2025

      December 16, 2025

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      Kolkata, 16th December, 2025: The radiology market in India is thriving, driven by increasing chronic diseases, an aging population and tech adoption. At the Grand Radiology Meet 2025, organised by Suraksha Diagnostic Limited (Suraksha Clinic and Diagnostics) in collaboration with United Imaging and Medika Bazaar, experts discussed how a radiologist is no longer a person who sees an image and just writes a report. It has come a long way and radiologists need to become good data handlers also. Radiologists pointed out that AI enhances subtle diagnoses that radiologists miss, because of the load of work. AI helps in case prioritisation, but AI will never replace radiologists. Human intelligence and artificial intelligence may go hand in hand to make things much faster and advanced. The Grand Radiology Meet 2025 announced the launch of UAcademy Learning Center, a new platform for clinical skill enhancement and continuous education for radiologists, and unveiled its logo. It is an initiative aimed at strengthening the radiology community and fostering collaboration across the diagnostic and imaging landscape. It brought together over 150 radiologists with a panel discussion on ‘Where Does Radiology stand today?’ and a keynote address on ‘Radiology in Suraksha....present scenario and our vision?, along with the unveiling of the Newsletter. The purpose of the event was to enable insightful reporting through latest advancements in AI and imaging technology, supporting continuous medical education for radiology professionals. The meet brought together the leading imaging and radiology experts from across West Bengal, creating a platform for knowledge sharing, networking and discussions on advancement of radiology practice.

      The panelists discussed how radiology has progressed a lot over time and how cross-sectional imaging has brought in a new paradigm.

      Dr. Srijita Ghosh, Consultant Radiologist at Apollo Gleneagles Hospital, shared: “In present day radiology, theme of sub-specialised radiology has come. Previously the same radiologists used to do everything together, but with advancement of high-tech machines, modalities and so much to read, a specialisation has come up such as a MSK radiologist, so that they can concentrate on that only, the reporting also gets standardised and there is more of clinico-radiological correlation in one’s reports. And one of the operational problems that most of the centres, hospitals have are a shortage of radiologists, as well as an increased requirement for cyber-security. Again there is the advent of tele-radiology which has gone into periphery and many of the peripheral hospitals also are getting the best of radiology reports. MSK imaging has evolved a lot, and as the launch of UAcademy, we will have the first pilot course of MSK organised by Dr. Krishanu Saha.” “Intervention radiology is an integral part of radiology. In medical speciality, the mother specialities are general medicine, general surgery and there are ramifications like neurology, cardiology, muscular skeletal, and rheumatology. However there is no term called general radiology. We are supposed to answer all superspeciality by doing radiology. There is no ramification in radiology. The way gastroenterologists see a patient, they also do endoscopy, colonoscopy and others. They are expanding their horizon, so we should also incorporate intervention in radiology field. There has been a huge paradigm shift in surgical field or medical science to make a surgery safer and easier. There is a growing patient awareness that one does not need a big surgery. In that shift the open abdominal surgery is converted into laproscopy, open heart surgery is converted mostly into angioplasty and now robotic surgery. Thus all efforts are going towards making a surgery a small incidence surgery” shared Dr. Avik Bhattacharya, Vascular and Interventional Radiologist at CK Birla Hospitals and Belle Vue Clinic.

      Experts discussed how ultrasound is the very basic of radiology. In the current times, science has advanced manifold and medical science is not a back-bencher. Experts stressed on how a mechanism should be found out to make the advancement in science affordable to the people at large who are not in a position to afford the luxury of the well-advanced machines. Experts also pointed out how radiology is no longer just imaging, but is successfully avoiding people’s discomfort and many surgeries are being avoided by interventional radiology.

      Unveiling the UAcademy learning centre, representatives from Suraksha Clinic and Diagnostics and United Imaging informed that the new learning center will offer three day courses for radiologists to upskill them. It will provide training programs which offer regular skill-enhancement sessions designed to keep doctors and technical teams updated with the latest technologies, reporting standards and best clinical practices. It will help radiologists to learn advanced applications on high-end radiology modalities and gain hands on experience in doing the same. It will also host expert led seminars that provide deeper insights into emerging trends, case discussions, advanced diagnostic techniques encouraging continuous learning, periodic newsletters featuring expert tips, interesting cases, updates, achievements, and motivational content to boost engagement and professional growth.

      The Grand Radiology Meet 2025 also witnessed the presence of Honorable Justice Ashim Kumar Banerjee (Retd), Chairperson WBCERC, Dr. Sudipto Roy, President of West Bengal Medical Council, Gautam Ghosh, Consultant Radiologist at Suraksha Clinic and Diagnostics, Dr. Viral Parekh, Consultant Radiologist at Woodlands & Ramkrishna Mission Hospitals, Dr. Mousum De, Interventional Radiologist at Fortis Hospitals, Dr. Bibartan Saha, Radiologist at Suraksha Clinic and Diagnostics, Dr. Krishanu Saha, Senior Consultant Radiologist at Suraksha Clinic and Diagnostics, Jitesh Mathur, Chief Revenue Officer, Medika Bazaar.

      Speaking at the Grand Radiology Meet 2025, Dr Krishanu Saha shared: “Our mission is to raise the benchmark in quality of reporting. At Suraksha Clinic and Diagnostics, doctors have the flexibility to choose their preferred modalities based on expertise and comfort, ensuring accuracy, efficiency and a better reporting experience.” Dr. Bibartan Saha opined: “Radiology stands today as a rapidly evolving, pivotal field in medicine, moving beyond just image interpretation to become central to diagnosis, treatment guidance, and patient monitoring, driven by technology like AI, VR, and teleradiology, while facing shifts towards value-based care, requiring radiologists to expand roles into public health, data analytics, and interventional procedures to maintain leadership.” “Suraksha Clinic and Diagnostics has consistently demonstrated its commitment towards quality diagnostics by investing in world-class infrastructure, skills and expertise. Partnering with global technologies further strengthens this vision, bringing cutting-edge imaging solutions that are powerful, precise and accessible” shared Niren Kaul, Chief Sales Officer, Suraksha Clinic and Diagnostics.

      Sharing his thoughts on the expansion plans of Suraksha Clinic and Diagnostics, Dr. Somnath Chatterjee said: “Suraksha Clinic and Diagnostics has the objective of expanding its footprint by entering three new states with over 50 advanced outlets in the next three years. Each outlet will be designed as a comprehensive diagnostic and clinical center offering state-of-the art technology, expert medical support and seamless patient services under one roof.

      The future of radiology is shaped by AI coupled with technological advancements, patient-centric care. Imaging is not limited to detection, it assists in predicting the development of diseases, helps to create personalized treatment strategies, and tracks responses to treatment procedures. Radiology has also transformed from cloud-based storage to remote reporting, adapting to the ‘anytime, anywhere’ model and becoming more accessible. Tele Radiology supported by 5G translates to scans being sent, read and reported in real time, reducing turnaround times. However challenges include regulatory obstacles for AI approvals, ethical concerns surrounding automation, and cybersecurity risks in cloud based systems.

      Artificial intelligence is a significant part of the present radiology scenario, assisting with scan triage, which prioritizes urgent cases, detection of anomalies, and further helps to increase reporting efficiency. Teleradiology, supported by faster networks, helps in bridging the gap in underserved or rural areas by enabling remote reporting and access to global specialists. In the radiology landscape, AI is not going to be a replacement for radiologists but will become an aid for accurate and faster report delivery.

      About Suraksha Clinic and Diagnostics Established in 1992, Suraksha Clinic and Diagnostics, one of the leading diagnostic centres in Eastern India, stands today as the third largest diagnostic brand in both pathology and non-pathology services, reflecting its strong nationwide presence and trust. It has grown into a prominent diagnostics provider, offering a comprehensive range of over 2,300 tests across pathology, radiology, and medical consultancy services. The company operates a central reference laboratory, nearly eight satellite laboratories, 65 advanced outlets across 4 states, and around 166 sample collection centres across West Bengal, Bihar, Assam, and Meghalaya. Suraksha’s commitment to technological advancement is evident in its adoption of AI-enabled smart labs and digital platforms, streamlining operations and enhancing patient care.

      The extensive reach of Suraksha Clinic and Diagnostics supported by cutting edge technology and expert medical teams, ensures that high-quality diagnostics are accessible to millions with reliability, accuracy and excelence.

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

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