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    APEDA Facilitates First-Ever Sea Shipment of Value-Added Flavoured Makhana from Bihar to Canada
    Indian envoy meets Chinese commerce ministry official; Calls for enhanced market access
    ED attaches Rs 94 crore in foreign bank account in fraud case against Delhi-based rice firm
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    India rises from 82nd to 57th in global rankings, in structural and pro-competitive reforms: Report by Competere Foundation
    Aadhaar enrolment in Manipur has reached 87-88 pc: Officials
    IndoStar Capital Finance Limited Q1FY27 Disbursements ₹ 1,235 crore up 44% vis-à-vis Q1FY26
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    MCD to launch 5-year PPP policy to modernise school stadiums, offer free sports coaching
    Piramal Pharma Limited Announces Results for Q1 FY27
    Advisory on Keeping on Hold the Proposed e-Way Bill Enhancements
    Innovation, Startups, MSMEs and Quality Manufacturing are Pillars of India's Future Growth: Shri Piyush Goyal at 22nd J.R.D. Tata Memorial Lecture
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    July 31, 2026
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    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.
    July 30, 2026
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    Market access for Indian pharmaceuticals remains central to bilateral efforts to promote sustainable trade and economic cooperation.
    Enhanced market access for Indian products, particularly pharmaceuticals, was raised in discussions aimed at strengthening bilateral trade and economic ties. The discussions addressed sustainable trade, and the sides agreed to increase mutual cooperation and communication. India continues to seek greater access to China's information technology, pharmaceutical and agricultural sectors, while pursuing increased pharmaceutical exports and Chinese investment. Bilateral trade increased, but India's trade deficit widened, reflecting an ongoing imbalance in trade flows.
    July 30, 2026
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    Money laundering asset attachment targets overseas bank deposits linked to alleged loan fraud and fugitive economic offenders.
    Provisional attachment under the Prevention of Money Laundering Act was reported against Singapore bank deposits held by a company promoter and associated entities in an alleged loan-fraud and money-laundering investigation. The underlying case arises from allegations of fraud, criminal misappropriation, criminal breach of trust and cheating affecting a consortium of lending banks. Service of the attachment order was reported through mutual legal-assistance arrangements, and the promoters had reportedly been declared fugitive economic offenders.
    July 30, 2026
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    Deposit interest rate uniformity requires equal rates for similar deposits, while allowing risk-based differentiation for bulk deposits.
    Banks must apply uniform deposit interest rates across branches and customers for similar deposit amounts accepted on the same date, without discrimination. Rates payable, including for bulk deposits, must strictly follow schedules disclosed in advance on bank websites. Bulk deposit rates must be published each business day at 10:00 am, subject to a short permitted delay. Differentiated bulk-deposit rates may be offered based on applicable differential run-off rates under the Liquidity Coverage Ratio framework.
    July 30, 2026
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    Supply-chain continuity measures prioritise energy, fertiliser and seafarer protection amid conflict-driven disruptions across critical maritime transit routes.
    Supply-chain continuity and energy security measures were reviewed in response to geopolitical conflicts disrupting maritime transit routes and imports. Measures included diversification of LPG procurement, maintenance of petroleum stocks, expansion of PNG, gas-grid, LNG and city-gas infrastructure, and pipeline connectivity approvals. Fertiliser requirements and alternative procurement sources were considered to ensure uninterrupted supply. A unified monitoring mechanism and support arrangements for seafarers, including timely information, emergency assistance and counselling, were directed to protect citizens, economic interests and the Indian diaspora.
    July 30, 2026
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    Property digital identity framework proposed through comprehensive surveys, floor-level records, and unique cards to improve ownership verification.
    The proposed Delhi Land Records Bill, 2026 contemplates a digital land-records framework requiring scientific surveys of every property, comprehensive authenticated digital records and a unique Property Aadhaar Card. The proposed system would cover rural and urban residential, commercial and other properties, including floor-level records for buildings. It is intended to improve ownership verification, property transactions, inheritance, loan access, building-plan approvals and transparency in land records.
    July 30, 2026
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    Supply-chain resilience amid maritime conflict drives measures to protect energy imports, fertiliser supplies, seafarers and overseas citizens.
    Supply-chain continuity was reviewed in response to conflicts affecting maritime routes through the Strait of Hormuz, the Black Sea, the Red Sea and the Gulf of Aden. The concerns included disruptions to imports of petroleum, natural gas, fertilisers and other essential goods, risks to ships and seafarers, and the safety of Indian citizens in conflict areas. Measures were considered to maintain uninterrupted imports, protect economic interests and address constraints affecting critical energy and trade corridors.
    July 30, 2026
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    Economic growth and persistent inflation shaped slower output, import pressures, and continued interest-rate restraint despite resilient consumer spending.
    United States economic growth slowed in the second quarter as increased imports reduced gross domestic product growth, despite stronger consumer spending and business investment linked to artificial intelligence. The preferred inflation measure moderated but remained above the central bank's target, with core consumer prices showing limited change. The benchmark interest rate was retained for a fifth consecutive meeting, though some regional presidents supported an increase to address elevated inflation. Employment growth and consumer spending continued to support economic resilience amid high living costs and energy-price pressures.
    July 30, 2026
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    Gold market volatility reflects retail buying, global price trends, currency movements, and weaker domestic demand linked to higher customs duty.
    Gold prices rose on fresh buying by jewellers and retailers amid firm international trends, while silver prices declined. Improved domestic demand and a pullback in the US dollar supported gold, though a stronger rupee limited further gains. India's gold demand declined year-on-year during April-June, attributed to seasonally subdued sales, higher customs duty and an appeal to reduce purchases. Global gold demand remained broadly unchanged, while precious metals were expected to remain volatile and range-bound.
    July 30, 2026
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    Protection and indemnity insurance expands domestic maritime risk coverage for third-party liabilities and strengthens self-reliant insurance capacity.
    Bharat Maritime Insurance Pool has introduced a sovereign-backed Protection & Indemnity insurance product to cover third-party maritime liabilities, including crew and cargo claims, pollution liability and wreck removal. The product expands the pool beyond cargo and hull war-risk coverage and is supported by combined indemnity capacity and a port-correspondent network. The pool is intended to maintain uninterrupted maritime war-risk insurance, build domestic underwriting capacity, strengthen maritime risk management, reduce foreign-market dependence and promote self-reliance in specialised insurance solutions.
    July 30, 2026
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    Cloud-native digital banking transformation integrates lending, cash management and liquidity tools while supporting scalable, resilient and compliant operations.
    Digital banking transformation through a cloud-native software-as-a-service platform entails migration from legacy systems to integrated deposits, lending, virtual account management and liquidity-management capabilities. Real-time data, artificial intelligence foundations, open APIs and event-driven architecture are intended to support digital banking products, corporate cash management and operational agility. Liquidity tools are designed to provide visibility and control over cash positions and working capital. The implementation is intended to deliver scalability, resilience, security and high availability while assisting regulatory compliance; projected benefits remain subject to risks and uncertainties.
    July 30, 2026
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    Workplace culture recognition highlights continued investment in employee wellbeing, inclusion, learning, collaboration and growth at a stockbroking firm.
    Workplace culture recognition was awarded to Kotak Securities through Great Place to Work Certification for a second consecutive year and inclusion among India's Best Workplaces in Investments 2026. The recognition followed assessment of employee feedback, workplace practices and organisational culture, reflecting employee trust, engagement and belonging. The company states that it will continue initiatives supporting employee wellbeing, learning and development, inclusion, collaboration and growth.
    July 30, 2026
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    Pro-competitive reforms strengthen market conditions through competition policy, investment review, trade facilitation, and reduced international regulatory barriers.
    Structural and pro-competitive reforms between 2010 and 2023 are assessed as reducing market distortions and strengthening competitiveness. The assessment covers property-rights protection, domestic competition and international competition, including the Goods and Services Tax, Insolvency and Bankruptcy Code, regulatory improvements and trade-facilitation modernisation. Further priorities include evidence-based competition policy, consumer-welfare review of sector-specific investment restrictions, and cooperation to address international regulatory barriers.
    July 30, 2026
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    Aadhaar enrolment access expands through a new service centre, with coordinated efforts focused on improving young children's coverage.
    Aadhaar enrolment in Manipur has reached approximately 87-88 per cent, with comparatively lower coverage among children aged 0-5 years. The first Aadhaar Seva Kendra in Imphal has been inaugurated to expand access to enrolment and Aadhaar-related services. The State Government is coordinating with welfare and health departments, hospitals and UIDAI to improve young children's enrolment, alongside services available through Deputy Commissioners' offices and authorised enrolment centres.
    July 30, 2026
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    Secured retail lending growth accompanied enhanced credit controls, digital lending processes, and branch expansion by a middle-layer non-banking finance company.
    IndoStar Capital Finance Limited, a middle-layer non-banking finance company registered with the Reserve Bank of India, reported growth in secured used-vehicle finance and micro loans against property for the quarter ended June 30, 2026. It reported higher disbursements, assets under management and net interest income, alongside a lower weighted average cost of funds. The company also stated that it strengthened underwriting, customer-selection filters, scorecards and early-warning systems, while advancing electronic lending processes and expanding its branch and micro-loans-against-property network.
    July 30, 2026
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    Gold demand trends show central bank buying and OTC investment offsetting weaker ETF and jewellery demand.
    Global gold demand remained broadly unchanged during the April-June quarter, with reduced gold exchange-traded fund, bar and coin investment offset in part by over-the-counter investment supported by Asian investors. Central banks and official institutions increased net additions to gold reserves, while high prices reduced jewellery volumes and encouraged demand for lighter products. Total supply was unchanged as increased mine production was offset by lower recycling. Investment is expected to drive future demand, while high prices may continue to constrain jewellery demand and recycling.
    July 30, 2026
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    Sports infrastructure PPP framework enables private stadium operation while requiring free coaching, child protection compliance, and student performance tracking.
    The PPP framework permits private operators to modernise, operate and maintain school sports stadiums at their own cost, while providing free organised sports training to enrolled students. Operators may commercially offer paid coaching and facilities to external users outside school hours, subject to student-related obligations. Selection is based on technical eligibility and detailed evaluation of sports, PPP, operational and technology capabilities. Agreements have an initial five-year term, with possible extension based on performance, mutual consent and public interest. Child-protection compliance, bank-routed transactions and disqualification for insolvency or statutory and child-safety violations apply.
    July 30, 2026
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    Quarterly financial reporting highlights operational growth, FDA inspection compliance, product integration, and prior insolvency proceeds in pharmaceutical operations.
    Quarterly financial reporting records revenue growth and improved EBITDA performance across CDMO, Complex Hospital Generics and Consumer Healthcare operations. CDMO growth was linked to order inflows, higher capacity utilisation, pricing discipline and commercial expansion, while quality compliance included an Establishment Inspection Report for the Sellersville facility and continued Zero Official Action Indicated status. The prior-year exceptional item related to one-time insolvency proceeds from a supplier claim filed before the NCLT. Consumer Healthcare growth was attributed to power brands, e-commerce, premiumisation, pricing and cost optimisation.
    July 30, 2026
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    Proposed e-Way Bill enhancements remain on hold, with no production changes required pending further communication.
    Proposed e-Way Bill enhancements have been kept on hold until further notice. Stakeholders are not required to make production-environment changes pursuant to the earlier advisories concerning those enhancements. The related advisories and FAQs are to be withdrawn from the GST Portal pending further communication.
    July 30, 2026
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    Innovation-led industrial growth promotes deep-tech investment, startup commercialisation, technology-enabled MSMEs, quality manufacturing and global market expansion.
    Innovation-led industrial growth is linked to deep technology, research and development, skilled manpower, startups, MSMEs and globally competitive manufacturing. Public initiatives include long-term risk capital for emerging technologies, affordable computing capacity and semiconductor investment support. Startups are encouraged to move from prototypes to commercialisation through industry adoption and early domestic investment. Manufacturing and MSME policy emphasise technology adoption, automation, productivity, branding and uncompromising quality. Free Trade Agreements are presented as supporting global market access and export expansion.

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      ‘Agli farmaish hai Jhumri Telaiya se’: How a small mica town ruled India’s radio waves

      December 23, 2025

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      Jhumri Telaiya (Jharkhand), Dec 23 (PTI) “Agli farmaish hai Jhumri Telaiya se” — the words once carried a magical ring, setting hearts pounding in this quaint town nestled amid nature and beside a serene lake.

      The nostalgia still grips Jhumri Telaiya, part of a rich mica belt discovered by the British in 1890, which shot to national fame in the early 1950s when Radio Ceylon and All India Radio’s Vividh Bharati were inundated with song requests from the town.

      As Sri Lanka’s Radio Ceylon, the broadcaster that popularised the iconic weekly Hindi film song countdown Binaca Geetmala, turned 100 this week, memories came rushing back in Jhumri Telaiya, where many still fondly remember it simply as “Radio Ceylon”.

      This was the town where countless listeners tuned in eagerly to hear their favourite songs, often thumping tables the moment announcers such as Ameen Sayani declared: “Agli farmaish hai Jhumri Telaiya se.” According to Rajiv Ranjan, a 1991-batch Indian Revenue Service officer with the Ministry of Finance, Jhumri Telaiya’s passion for music is deeply linked to its economic history and the discovery of vast deposits of mica in the region in 1890.

      “The mica tycoons of Jhumri Telaiya - Chattu Ram Bhadani and Horil Ram Bhadani - controlled nearly 1,000 mines in the region. These businessmen spearheaded the transformation of the sleepy village into a mining powerhouse with a fondness for music,” Ranjan, son of Late Dr Sarla Singh, a well-known figure there, whose family lived there for five decades, told PTI.

      “The famous Bhadani family even got Suraiya, (a well-known Bollywood playback singer) from Bombay, to perform at a concert there. My family, including my father Late Baikunth Prasad Singh, was instrumental in bringing Ustad Bismillah Khan there in 1971,” he added.

      “We still remember ‘Dilka Khilauna Haay Toot Gaya’ sung by Ustad Bismillah Khan,” Ranjan recalled.

      An alumnus of Sainik School Tilaiya and currently posted in Chennai, Ranjan said the radio craze gathered momentum when a mica trader, Rameshwar Prasad Barnwal, began mailing postcards with song requests to Radio Ceylon on a daily basis for Binaca Geetmala.

      “Because Barnwal was a regular mailer, his name started appearing regularly in the requests announced in the show. This motivated other residents of Jhumri Telaiya to send in their requests as well,” said Ranjan.

      Soon, sending farmaishein became a town-wide phenomenon. Radio enthusiasts formed informal listeners’ clubs and competed to see who could send the maximum number of requests in a day or month.

      According to Ranjan, when All India Radio resumed broadcasting old Hindi film songs on Vividh Bharati in 1957, the station received hundreds of requests from Jhumri Telaiya. To ease the workload, AIR even printed standardised request formats on postcards.

      "At a time when radio programmes were a national phenomenon, most requests for film songs received by the stations came from Jhumri Telaiya. The trend started in the early 1950s when Barnwal started sending 20-25 song requests to Radio Ceylon daily. Barnwal’s name, which he heard regularly on the radio, inspired paan shopkeeper Ganga Prasad Magadhiya and electronics trader Nandlal Sinha to follow suit,” says the history of Jhumri Telaiya.

      Leading industrialist Rahul Modi, whose grandfather Rameshwar Modi was a prominent mica trader, earlier told PTI, “My grandfather and others used to bet on whose name would be announced on a particular day during the music request programme.” Sainik School Tilaiya Old Boys' Association (SANTOBA) president Ashish Sinha says Jhumri Teliaya has its identity due to radio.

      Dr Deepak Kumar, a doctor associated with a UN body, recalled that radios were prohibited in the school hostel.

      “We somehow managed to listen to Binaca Geetmala. We could hear songs drifting in from staff quarters. At that time, Jhumri Telaiya was part of Hazaribag district,” he said.

      Retired Merchant Navy officer Capt Arun Kumar Singh, who studied in the school between 1970 and 1977, said access to radio was restricted but not impossible.

      “We were not allowed to keep personal radio sets and had no direct access to them. The student assigned to read the news for the school assembly would go to the House Master’s residence, where teachers generously allowed us to use their radio sets. Apart from listening to the news, we made full use of the opportunity to hear Binaca Geetmala,” he added.

      “There used to be a radio in the mess. We would run from class just before the programme began. That joy is etched in my memory,” he added.

      Binaca Geetmala was broadcast on Radio Ceylon from 1952 to 1988 before moving to All India Radio’s Vividh Bharati in 1989, where it continued till 1994.

      For nearly four decades, millions across India tuned in to hear Ameen Sayani’s iconic voice, and more often than not, the next request came from Jhumri Telaiya. PTI NAM MNB BDC

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