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    ISTITUTO MARANGONI MUMBAI PRESENTS ITS 2026 STUDENT SHOWCASE — ‘ASTITVA’
    Rupee rises 5 paise to 96.48 against US dollar in early trade
    Ministry of Statistics and Programme Implementation has put in place well-defined mechanisms to ensure timely collection and publication of official s...
    Ministry of Statistics and Programme Implementation undertakes periodic methodological reviews of statistical framework to ensure official statis...
    ENERGY STATISTICS INDIA
    CCI approves acquisition of 100% of the equity share capital of NCR Atleos Corporation (Target) by The Brink's Company (Acquirer)
    US to unveil final action on Sec 301 investigation on Thursday: USTR Greer
    Lokayukta police unearth Rs 17 crore assets of power firm official, relatives
    Maharashtra govt releases 'representative' list of 533 beneficiaries of farm loan waiver scheme
    India exports 12.5 tons of Dashehari, Langra mangoes from UP to Dubai via sea route
    Finacle 10.2.25 software will make banking services faster and more transparent: Himachal CM
    Return of foreign investments shows revival of confidence in economy: RBI Bulletin
    India-US trade deal is almost complete: US State Department after Jaishankar-Rubio talks in Manila
    SC says legal error not sole ground to revoke liberty, flags growing trend of challenging bail
    Parliamentary joint committee on corporate laws amendment bill gets more time to submit report
    Archies Online Launches Pan-India Same-Day Cake, Flower & Gift Delivery Service
    DRI busts clandestine Mephedrone manufacturing facility in Ankleshwar, Gujarat and seizes Rs. 21 lakh; Three arrested
    SC rejects pleas of ED and state against grant of bail to Chaitanya Baghel in liquor scam cases
    US to impose steep tariffs on generic medicine imports from Aug 2028
    Asian shares edge higher after Wall Street climb, even as Brent oil keeps rising
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    July 23, 2026
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    Student fashion showcase celebrates identity, personal storytelling, craft preservation and conscious creation through nine contemporary design collections.
    Student fashion showcase 'Astitva' presented nine contemporary collections exploring identity, belonging, transformation, memory, resilience, grief and cultural heritage through personal design narratives. The collections included a contemporary reinterpretation of Bhujodi weaving, Ajrakh block printing and Kumaoni hand-knitting, emphasising preservation of Indian craft traditions. Recognition included a designer award for the craft-revival collection and a sustainability award for a collection focused on craftsmanship, conscious creation, heirloom design and mindful luxury.
    July 23, 2026
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    Rupee exchange-rate movements face pressure from elevated crude prices and equity outflows, moderated by possible central-bank intervention.
    Rupee exchange-rate movement in early foreign-exchange trading reflected a modest appreciation against the US dollar after depreciation in the preceding session. Possible dollar sales by state-owned banks, widely viewed as central-bank intervention, and a weaker US dollar supported the currency. Elevated crude-oil prices, foreign institutional equity outflows, and negative domestic equity-market sentiment continued to create downside pressure, although expected central-bank support was considered likely to limit losses.
    July 23, 2026
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    Official statistics dissemination uses digital validation, release calendars, anonymised microdata and accessible platforms to strengthen timeliness and transparency.
    Official statistics collection and dissemination are supported through digital survey platforms with built-in validation, real-time monitoring and supervisory quality controls. Consumer Price Index, National Accounts Statistics and Index of Industrial Production data are collected, compiled or validated through specified quality and timeliness mechanisms. An Advance Release Calendar supports accountable publication, while anonymised survey microdata, stakeholder engagement and digital portals improve transparency, accessibility and use of official statistics.
    July 23, 2026
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    Official statistical modernization strengthens macroeconomic measurement through revised bases, digital surveys, validated data collection and district-level estimates.
    Official statistical methodology and National Sample Surveys are periodically reviewed to reflect changing economic conditions, emerging data needs and international standards. Base revisions for key macroeconomic indicators incorporate updated data, expanded coverage, revised weights, administrative sources and improved estimation of the unincorporated sector. Survey methods are updated through expert consultation, pilot studies and field testing. Digital collection platforms, validation checks, real-time monitoring, AI-enabled tools and multilingual interfaces support improved data quality, quicker releases, high-frequency surveys and district-level estimates.
    July 23, 2026
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    Energy statistics reporting expands with internationally aligned consumption data, energy-sector credit flows, and improved coal and electricity coverage.
    Energy Statistics India 2026 reports Total Primary Energy Supply and renewable energy potential, supporting energy policy and infrastructure planning. Its 33rd edition adds data on credit flow to the energy sector, the international energy scenario, and international marine and aviation bunker use. It aligns end-use consuming sectors for energy commodities with international standards and addresses data gaps in industry-wise coal and electricity consumption.
    July 23, 2026
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    Competition approval for full acquisition integrates cash replenishment, ATM hardware, software, managed services and maintenance operations.
    Competition approval has been granted for The Brink's Company's acquisition of the entire equity share capital of NCR Atleos Corporation, which will become wholly owned and controlled by the acquirer. The acquirer provides cash replenishment and ancillary first-line maintenance in India. The target's Indian activities include ATM hardware manufacture and supply, ATM software development and licensing, ATM managed services, and first-line and second-line ATM maintenance.
    July 22, 2026
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    Forced-labour import controls face proposed Section 301 tariff action, while India contests the investigations through bilateral trade discussions.
    Section 301 investigations concerning forced-labour imports examine whether 60 major trading partners, including India, have adopted and effectively enforced import prohibitions on goods produced with forced labour. Proposed additional tariffs would vary according to the strength of existing forced-labour import controls. India has contested the investigations and indicated that these issues may be addressed through the bilateral trade agreement under discussion. India has also initiated an anti-dumping investigation into global soda ash imports to assess potential injury or threat of injury to domestic industry.
    July 22, 2026
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    Disproportionate-assets investigation examines property, bank accounts, tax returns and investments linked to a power company official and relatives.
    Disproportionate-assets investigation concerns allegations that a power distribution company official and close relatives acquired movable and immovable assets beyond known sources of income. Lokayukta Police conducted searches, identified assets and bank deposits linked to the official, family members and associated business entities, and sought freezing of account transactions. The inquiry includes verification of property acquisitions, income-tax returns, and stock-market and mutual-fund investments, with further investigation pending.
    July 22, 2026
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    Farm loan waiver eligibility requires verified data, Agristack registration and Aadhaar authentication before direct transfer to loan accounts.
    The farm-loan waiver and one-time settlement mechanism applies to eligible beneficiaries whose loan data is uploaded by participating banks and verified through the scheme portal. Excluded categories include legislators, local-body office-bearers, government employees, certain income-tax payers, and specified cooperative-sector personnel. Eligible farmers must register on Agristack and complete Aadhaar authentication using their Aadhaar number or unique ID. After successful authentication, the eligible benefit is transferred directly to the loan account through the Direct Benefit Transfer system.
    July 22, 2026
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    Sea-route mango export protocol validates cold-chain shipping that can reduce logistics costs and expand overseas market access.
    A sea-route export protocol for Dashehari and Langra mangoes was commercially validated for shipment from Uttar Pradesh to Dubai under an extended harvest-to-market transit period. The process used scientific post-harvest management, shelf-life treatment, grading, packing, refrigerated-container transport and a continuous cold chain. The reported marketable condition on arrival supports wider use of cost-effective sea freight, potentially reducing logistics costs, improving grower procurement prices and expanding access to overseas markets.
    July 22, 2026
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    Core banking migration supports faster transactions, stronger cyber security, transparent services and more convenient digital banking for customers.
    Migration of the cooperative bank's core banking system to the Finacle 10.2.25 platform is intended to enable faster, more transparent and secure banking services. The platform is expected to support customer-friendly transactions, stronger cyber security, convenient digital banking and improved operational efficiency. It may also strengthen the bank's delivery of financial benefits under government welfare schemes.
    July 22, 2026
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    Foreign investment recovery signals improved economic confidence amid sustained trade momentum and renewed food- and fuel-led inflation pressures.
    Foreign investment recovery, external trade momentum and inflation developments are examined amid geopolitical and supply-chain uncertainty. Strong export and import growth, the operationalisation of the India-UK Comprehensive Economic and Trade Agreement, renewed portfolio inflows and higher foreign direct investment were identified as supporting external-sector confidence. Consumer price inflation increased, led by food and fuel, while core inflation remained unchanged. Food-price pressures continued across staples, edible oils and vegetables, although comfortable foodgrain stocks could mitigate food-inflation effects.
    July 22, 2026
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    Interim trade deal negotiations near completion as bilateral discussions advance tariffs, defence agreements, strategic cooperation, and regional security.
    India-US bilateral engagement focused on advancing an interim trade arrangement reported to be nearing completion, alongside discussions on tariffs, energy, defence and security, critical minerals, and artificial intelligence. The talks included a shared interest in finalising the interim trade deal and completing unspecified defence agreements connected with prior bilateral commitments. Regional security, West Asia, the Indo-Pacific, and Quad cooperation were also discussed amid efforts to restore bilateral relations following trade, immigration, and security-related strains.
    July 22, 2026
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    Bail cancellation requires harm to criminal justice administration, not merely a legally flawed order granting liberty.
    Bail cancellation must turn on whether continued liberty obstructs the administration of criminal justice, not solely on legal error in the order granting bail. A deficient bail order, without more, does not justify revoking liberty. Challenges to bail orders should not displace the objective of timely trials and securing convictions. Although erroneous legal principles may require correction for consistency, they may not alone warrant cancellation of bail. Broader questions concerning the governing cancellation standard remain open.
    July 22, 2026
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    Corporate law amendments face extended parliamentary review of proposals on compliance decriminalisation, ease of doing business, and governance modernisation.
    Parliament extended the Joint Parliamentary Committee's reporting deadline on the proposed Corporate Laws (Amendment) Bill, 2026 until the end of the Monsoon Session. The Committee is examining amendments to the Limited Liability Partnership Act, 2008 and the Companies Act intended to facilitate ease of doing business, decriminalise minor procedural defaults, and modernise the corporate governance framework.
    July 22, 2026
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    Same-day gifting delivery expands access to cakes, flowers and curated gifts through an integrated pan-India online platform.
    Archies Online has introduced a pan-India same-day delivery service for cakes, flowers, gifts and hampers across major cities. Its integrated online platform offers greeting cards, personalised gifts, chocolates, soft toys and curated hampers for personal, professional and festive occasions. Same-day options include Rakhi and Friendship Day collections, supported by product curation, fresh sourcing and a delivery network intended to provide timely and dependable gifting services.
    July 22, 2026
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    Mephedrone trafficking enforcement uncovered a clandestine laboratory, controlled precursors, alleged drug proceeds and an intended receiver.
    Illicit manufacture and trafficking of Mephedrone, a psychotropic substance under the Narcotic Drugs and Psychotropic Substances Act, 1985, were addressed through an intelligence-led operation involving a clandestine laboratory. Manufacturing equipment, Mephedrone, its controlled precursor, Monomethylamine, and other chemicals used in manufacture were seized under the Act. Cash believed to be drug-trafficking proceeds and a further amount intended as token payment for delivery were recovered. Three persons were arrested in connection with the alleged network.
    July 22, 2026
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    Bail parity in liquor-scam proceedings sustained where principal accused had bail; adverse investigative remarks were removed.
    Bail in the alleged liquor-scam proceedings was sustained on the basis of parity, the applicant's comparatively lesser alleged role, prolonged custody, and the documentary nature of the investigation. The evidentiary value of statements, financial records and digital material was regarded as an issue for trial rather than conclusive assessment at the bail stage. Adverse observations against the state economic-offence investigation were expunged.
    July 22, 2026
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    Generic medicine import tariffs are designed to encourage domestic pharmaceutical manufacturing while preserving policy for patented, branded and innovative drugs.
    Generic medicine imports into the United States are proposed to remain duty-free for two years, followed by escalating tariffs. The structure is intended to encourage pharmaceutical companies to establish manufacturing plants and equipment in the United States, with higher duties applying where companies do not do so within the stated period. The policy is confined to generic drugs, while the approach for patented, branded and innovative medicines is stated to remain unchanged.
    July 22, 2026
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    Oil-driven inflation pressures may prompt higher interest rates, despite equity gains led by artificial-intelligence and semiconductor shares.
    Asian equity markets largely rose following Wall Street gains led by artificial-intelligence and semiconductor shares. Rising crude oil prices are identified as a renewed inflation risk that could encourage central banks to raise interest rates, slowing economic activity and affecting equity valuations. Japan's reliance on imported energy and the effects of a weaker yen on trade values and energy costs are also highlighted.

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      Phenom Announces Next-Gen Applied AI Innovations at IAMPHENOM India 2025, Empowering Organisations to Transform the Talent Journey

      December 18, 2025

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      Bengaluru, Karnataka, India – Business Wire India • IAMPHENOM India 2025 brought together CHROs, CIOs, industry leaders for keynotes, customer spotlights and roundtables on applied AI across hiring, onboarding, internal mobility and talent management • Phenom expands latest AI agents for hiring, work redesign, frontline scheduling and fraud-proof interviewing in India Phenom, the leader in applied AI that helps organisations hire faster, develop better and retain longer, today announced a suite of its advanced applied AI innovations for HR at IAMPHENOM India 2025 in Bengaluru. This marks a significant step in modernising how Indian enterprises attract, develop and retain talent across both knowledge and frontline roles. Built on Phenom X+ Ontologies, these products adapt to industry nuances, the distinct needs of knowledge workers and frontline teams, and regulatory requirements. Traditional talent approaches have created persistent gaps where strategic priorities do not translate into hiring plans, workforce data rarely turns into coordinated action, and promising talent remains stuck in silos. Key Applied AI Innovations Announced These capabilities enable Indian enterprises to connect business strategy with talent execution, automate complex workflows, improve hiring integrity and deliver more personalised candidate and employee experiences in real time. • Candidate Fraud Detection Agent – Industry’s first fraud detection AI agent that safeguards hiring integrity by identifying potential candidate deception without slowing decision-making. The agent analyzes candidate responses, verifies identities, detects resume falsification, and flags AI-assisted interview responses in real time. Post-interview analyses are also provided, compiling fraud indicators for interview team review. • Enterprise Talent Optimization & Work Redesign – Breakthrough capability that connects business strategy directly to workforce execution. AI analyses work at the task level, dynamically mapping the strategic initiative to required roles and skills — highlighting tasks that can be automated or AI-augmented, as well as employee development plans that link to measurable business outcomes. • Unified Orchestration Engine – An adaptive orchestration layer that keeps complex HR workflows running smoothly, handling exceptions in real time. The engine uses decision intelligence and simulations to identify operational bottlenecks, create alternate pathways when rules don’t fit, and ensure actions are policy-compliant and explainable, keeping a human in the loop. • Frontline Workforce Lifecycle & Shift Scheduling – End-to-end AI support for India’s frontline workforce, including compliant shift scheduling, internal mobility, referrals, communication and alumni engagement. AI agents optimize shifts based on skills, preferences and availability, enabling organisations to strengthen redeployment and rehiring for part-time or seasonal roles. • Voice Screening Agent – Always-on, conversational voice-based AI that orchestrates the entire candidate screening process across high-volume, frontline, knowledge, and executive-based roles. The agent conducts role-specific voice interviews, probes into qualifications, and assesses fit before advancing qualified candidates to the next step, boosting recruiter efficiency and candidate experience. “India’s talent landscape is evolving rapidly, and HR teams need applied AI that not only improves efficiency but closes the persistent gaps between workforce data, strategy and execution,” said Hari Bayireddi, President, COO & Co-founder, Phenom. “With these innovations, we’re enabling organisations in India to connect strategy, skills and execution – whether it’s accelerating hiring, redesigning work, or protecting the integrity of every hire.” Focus on Applied AI for HR Excellence Phenom’s applied AI differs from generic AI by leveraging HR-specific data models that understand how talent decisions connect to organisational outcomes. This ensures AI not only predicts but acts with purpose across recruiting, talent development and retention, helping enterprises in India adapt to rapid workforce shifts and skill disruptions. IAMPHENOM India 2025 Highlights • Anil Kumble, former Indian Cricket Team Captain & Coach was the special guest speaker who spoke about leadership and resilience, and how teams can excel, adapt, and thrive in a new world of AI and automation. • Innovation Keynote: Applied AI in the talent journey by Mahe Bayireddi, CEO & Co-founder, Phenom, outlined how applied AI and agents can connect workforce data, skills and business outcomes. • Product Deep Dives: Applied AI & automation keynotes showcased capabilities across fraud detection, voice-based screening, frontline lifecycle management and unified orchestration – with live demos on how X+ Agents turn talent strategies into real-time execution. • Strategic Leadership Session: A CHRO–CIO-focused discussion on building the “dream team” for HR transformation, covering data strategy, HR–IT alignment, change management and driving adoption of AI across large, distributed workforces. • Customer spotlights: Organisations including Quest Global, Thermo Fisher, WNS and Dr. Reddy’s showcased real-world impact across hiring, onboarding and talent management. • Roundtables: Focused discussions on high-volume hiring with X+ Agents, AI-powered employee development, skills-based hiring and retention, and elevating onboarding with intelligence and automation. • Phenom HR Awards - India 2025: Phenom recognized and celebrated the achievements of customers that go above and beyond when it comes to transforming talent experiences. With Phenom, candidates find and choose the right job faster, employees develop their skills and evolve, recruiters become wildly productive, talent marketers engage with extreme efficiency, talent leaders optimise hiring and onboarding processes, managers build stronger-performing teams, HR aligns employee development with company goals, and HRIT easily integrates existing HR tech to create a holistic infrastructure. Discover how Phenom Applied AI empowers organisations to hire faster, develop better and retain longer here. About Phenom Phenom is an applied AI company that helps organizations hire faster, develop better and retain longer. By uniquely combining proprietary industry-specific AI, agentic AI, automation and personalized experiences, its Intelligent Talent Experience platform helps companies fundamentally reshape their HR processes and strategies for scalable and sustainable transformation. Driven by a purpose to help a billion people find the right work, Phenom takes a holistic approach that unifies the entire talent journey, augmenting human capabilities and creating a symbiotic relationship between technology and talent. Phenom has earned accolades including: Inc. 5000’s fastest-growing companies (6 consecutive years), Deloitte Technology's Fast 500 (4 consecutive years), 11 Brandon Hall ‘Excellence in Technology’ awards including Gold for ‘Best Advance in Generative AI for Business Impact,’ Business Intelligence Group’s Artificial Intelligence Excellence Awards (3 consecutive years), The Cloud Awards 2025/2024, The A.I. Awards 2024, and a regional Timmy Award for launching and optimizing HelpOneBillion.com (2020). Headquartered in Greater Philadelphia, Phenom also has offices in India, Israel, the Netherlands, Germany and the United Kingdom. For more information, please visit www.phenom.com. Connect with Phenom on LinkedIn, X, Facebook, YouTube, Instagram and TikTok. (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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