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    Sugar prices soar to Rs 70 per kg ahead of festive season in Bengal, jaggery also dearer
    Rupee gains 9 paise to 95.65 against US dollar in early trade
    Union Minister of State for Finance Shri Pankaj Chaudhary participated virtually in 21st Award Ceremony of Security Printing and Minting Corporation o...
    Over 745 gram gold paste seized at IGI; Customs nab carrier, receiver
    Quebec remains cautious on Canada-US trade deal as Ottawa pushes to restore US alcohol
    No cases of foreigners getting Aadhaar, other govt benefits reported during SIR in K'taka: Minister
    Govt allows free imports of 10 lakh tn raw sugar until Oct 31; caps sugar stock for bulk consumers
    Govt allows free imports of 10 lakh tn raw sugar until Oct 31
    DFS Organises Workshop to Strengthen Implementation of Reservation Policy Across Public Financial Institutions
    DPIIT Signs MoUs with PhonePe and Shell India to Strengthen Startup Ecosystem and Drive Innovation
    Union Minister of Commerce and Industry Shri Piyush Goyal Strengthens India-Singapore Economic Partnership through High-Level Bilateral and Business E...
    A Vision for Responsible AI, Resilient Banking - Keynote Address [Contributions by RBI colleagues Ms. Chandni Trehan Saluja and Ms. Kavita Gangwal, De...
    Razorpay Launches Multi-Currency Account, Helping Exporters Retain International Earnings in Foreign Currencies
    DB HiTek to Make Debut at electronica India 2026, Targeting Growth in Indian Market
    BJP demands Vijayan’s resignation from Keralam LoP post over ED findings in CMRL case
    Pakistan seeks USD 10 bn US facility to bolster forex stability
    DRI busts a wildlife trafficking syndicate involved in illicit trade of ivory artefacts
    Japan reports record exports, imports for July as energy costs climb
    Five held in UP's Bareilly for alleged fake Ayushman cards racket
    MSMEs are the true builders of India’s economic resilience: LG Sinha
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August 21, 2026
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Sugar supply pressures drive festive-season price increases as imports, stockholding limits and ethanol diversion shape market conditions.
Sugar prices in Bengal have risen sharply ahead of the festive season, with higher prices also affecting jaggery and other sugar-derived products. Supply constraints, mill stock releases, lower production in Brazil, ethanol diversion and possible hoarding have been identified as contributing factors. Raw-sugar imports have been permitted to augment availability, while stockholding restrictions limit inventories of specified bulk consumers. Lower projected closing stocks and possible future production effects from El Nino may sustain pressure on sugar availability and increase costs for sweetmeat producers.
August 21, 2026
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Foreign currency inflows and FCNR(B) deposits supported rupee sentiment, while oil prices and geopolitical risks constrained currency strength.
The rupee strengthened marginally against the US dollar as the dollar index softened, but elevated crude oil prices, geopolitical uncertainty, reduced foreign participation and net foreign equity outflows constrained currency sentiment. RBI measures to attract foreign currency inflows, including FCNR(B) deposits, were expected to generate substantial inflows, although these had not produced meaningful rupee strength. Energy-market disruption and restrictions on fuel exports through the Strait of Hormuz added to external-sector pressures.
August 21, 2026
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Sovereign security production priorities emphasise compliance, modernisation, employee innovation and operational excellence across currency, passport and coinage manufacturing.
SPMCIL performs a sovereign production mandate covering secure currency, coinage, passports and other products of national importance through its mints, currency presses, security presses and paper mill. Modernisation, compliance, transparency, efficiency, productivity, quality and corporate governance support the fulfilment of sovereign requirements. Individual employees and units were recognised for performance in productivity, environment and safety, energy conservation, knowledge and development, vigilance, and official-language implementation.
August 20, 2026
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Customs enforcement against suspected gold smuggling leads to baggage seizure and apprehension of the alleged intended receiver.
Customs officers intercepted an arriving passenger at the green channel on intelligence inputs and examined baggage after X-ray screening indicated suspicious images. The examination recovered two oval capsules containing gold paste concealed in the baggage. Interrogation indicated that an alleged receiver was waiting outside the airport to collect the suspected smuggled gold. Customs officers apprehended the alleged receiver, and further investigation remains underway.
August 20, 2026
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Provincial alcohol sales restrictions remain subject to economic impact assessment under proposed bilateral trade agreement negotiations.
Provincial control over alcohol distribution remains distinct from federal trade-making authority. Quebec retains authority over whether United States alcohol is offered through its government-controlled liquor distribution system, despite lacking a veto over a bilateral trade agreement. Federal requests to restore United States alcohol to retail shelves cannot compel provincial action. Proposed trade commitments also concern restrictions on United States agricultural products and Canada's dairy import regime, which applies lower tariffs within designated import volumes and higher duties beyond those volumes.
August 20, 2026
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Electoral-roll verification found no reported cases of specified foreign nationals receiving identity-linked benefits or voter registration.
Electoral-roll special intensive revision recorded no reported cases of Pakistani, Bangladeshi or Iranian nationals obtaining Aadhaar cards, ration cards, other government benefits, or voter registration. Illegal immigrants are identified through police monitoring, intelligence measures, specialised operations and a Special Task Force. Overstayers are recorded through the District Police Module and Foreigners Identification Portal and produced before Foreigners Regional Registration Officer authorities. Persons found to be residing illegally are reported to the concerned central divisions, proceeded against through registered cases, retained pending case disposal and exit permits, and subjected to deportation steps.
August 20, 2026
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Raw sugar tariff-rate quota permits duty-free imports while bulk consumers face consumption-based sugar stockholding limits.
Raw sugar imports are permitted duty-free under a tariff rate quota until 31 October 2026, with online allocation to eligible millers and refiners having functional refining capacity. Applicants must provide a refining-capacity declaration and supporting Consent to Operate; preference applies to importers undertaking timely completion of imports, while non-utilisation or failure to surrender allocations constitutes non-compliance. Bulk sugar consumers meeting the prescribed consumption threshold are subject to a stock cap of 15 days' consumption from 1 September to 30 November 2026.
August 20, 2026
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Duty-free raw sugar imports under tariff rate quota seek to improve domestic supply and contain rising sugar prices.
Duty-free import of 10 lakh metric tonnes of raw sugar is permitted under a tariff rate quota until 31 October 2026. The import-policy measure seeks to increase domestic raw-sugar availability and restrain rising local prices amid reduced opening stocks. Price-containment measures also include a stockholding limit for bulk consumers using more than 10 tonnes of sugar monthly, restricting holdings to 15 days' consumption.
August 20, 2026
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Reservation policy implementation is strengthened through capacity building, uniform institutional practices, welfare measures, and improved financial accessibility for Divyangjans.
Reservation policy implementation across Public Sector Banks, Public Sector Insurance Companies, sectoral regulators and Public Financial Institutions is being strengthened through a capacity-building workshop. The programme seeks uniform and effective application of Government reservation policies and related welfare measures. Senior human-resource functionaries and Chief Liaison Officers considered practical implementation issues, actionable measures for consistency, and operational concerns. It also focuses on improving accessibility of financial services for Divyangjans.
August 20, 2026
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Startup ecosystem support expands through digital infrastructure, mentorship, market linkages and specialised assistance for energy and climate-tech innovation.
DPIIT's collaborations with PhonePe and Shell India create support mechanisms for DPIIT-recognised startups through technology access, digital infrastructure, mentorship, market opportunities and industry networks. PhonePe will provide transaction credits, access to the Indus AppStore, onboarding support, brand visibility, and training on fintech, sales, go-to-market strategy and business scaling. Shell India will assist energy and climate-tech startups through mentorship, strategic guidance, investor and incubator connections, participation opportunities, and knowledge-sharing materials on innovation and best practices.
August 20, 2026
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India-Singapore economic cooperation advances through trade, investment, technology and business linkages, including agriculture, fintech and sustainable infrastructure collaboration.
India-Singapore economic cooperation was advanced through ministerial, business and government-to-business engagements focused on deepening bilateral trade, investment, technology and commercial linkages. Discussions addressed agri-exports, GCC-based commercial parks, fintech and sustainable infrastructure, alongside expanding agricultural market linkages. The engagements reinforced commitment to strengthening trade, investment, technology and business-to-business cooperation.
August 20, 2026
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Responsible AI banking requires human oversight, explainable customer decisions, fair conduct, resilient systems and inclusive credit access.
Responsible AI in banking must promote inclusion, resilience and customer trust while preserving human judgement, governance accountability and clear responsibility. AI and alternative data may widen access to credit where data is obtained with consent, tested for reliability and bias, and used prudently. Banks must maintain capacity to challenge models, oversee providers, test systems under adverse conditions and intervene when automation fails. Material customer decisions must be explainable, clearly communicated and subject to review by an authorised person. Fair conduct, meaningful disclosure, impartial complaint review and transparent communication remain essential throughout the customer relationship.
August 20, 2026
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Multi-Currency EEFC settlements let exporters retain foreign earnings and choose conversion timing for overseas payment obligations.
Multi-Currency EEFC Account settlements enable exporters and international businesses to receive payment settlements directly into Exchange Earners' Foreign Currency accounts in the original transaction currency without immediate conversion into Indian rupees. Retention of foreign currency earnings permits businesses to choose when conversion is required, reducing repeated foreign-exchange conversion cycles and supporting management of foreign-currency cash flows and overseas obligations.
August 20, 2026
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Power semiconductor foundry expansion targets Indian fabless customers through technology showcasing, process development, and collaboration in the growing semiconductor market.
DB HiTek seeks to expand foundry business with Indian fabless semiconductor companies by showcasing power semiconductor and specialised process technologies. Its commercial focus includes BCD processes for automotive and industrial applications, together with silicon-carbide and gallium-nitride process development and planned volume production. Product-performance evaluations are underway with strategic customers. Customer expansion also covers X-ray, global-shutter, single-photon avalanche diode, specialty CIS, and mixed-signal/RF processes, supported by collaboration with local fabless firms.
August 20, 2026
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Money-laundering allegations over payments without services raise concerns about overseas transfers, identity-linked communications, and mineral smuggling.
Money-laundering allegations concern claimed payments by Cochin Minerals and Rutile Ltd. to Exalogic Solutions Pvt. Ltd., a company promoted by Veena T., without corresponding services. Searches reportedly yielded handwritten material referring to fund transfers to Dubai and digital material relating to a SIM card obtained in another person's name. Further allegations included overseas fund movement, hawala transfers, and possible thorium or monazite smuggling, all presented as allegations requiring examination.
August 20, 2026
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Exchange stabilisation support aims to strengthen foreign-exchange resilience, reduce rollover dependence and restore access to longer-term market financing.
Pakistan has sought a proposed Exchange Stabilisation Support Facility to reinforce foreign-exchange stability and signal currency resilience to international capital markets. The strategy seeks to reduce reliance on short-term bilateral loans, deposits and rollovers by moving towards market-based financing with longer repayment periods. Improving sovereign creditworthiness through engagement with credit-rating agencies is intended to facilitate international market access, lower borrowing costs and enable longer-maturity debt raising.
August 20, 2026
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Elephant ivory trade prohibition supports enforcement against wildlife trafficking, seizure of carved ivory articles, and further investigation.
Illicit trade in elephant ivory and articles manufactured from it is prohibited under the Wildlife (Protection) Act, 1972, supporting India's CITES obligations. Enforcement action against a wildlife-trafficking syndicate resulted in the interception of four persons and seizure of 54 carved ivory artefacts. The seized articles and apprehended persons were transferred to the State Forest Department for further investigation. The action forms part of continuing measures against unlawful trade in wildlife derivatives and biodiversity threats.
August 20, 2026
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Trade deficit pressures persist as energy-import costs and currency weakness offset record automobile and electronics export growth.
Japan recorded its highest July import and export values since comparable statistics began, but continued to experience a trade deficit as rising energy costs increased import expenditure. Higher crude oil prices and disruption to Middle East supply routes affected an economy reliant on imported oil, while a weak yen raised the cost of fuel, food and raw materials. Strong automobile, semiconductor and electronics exports benefited from currency weakness, which also increased the yen value of overseas earnings.
August 19, 2026
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Forged health-scheme cards allegedly enabled ineligible treatment and misuse of public healthcare funds through false beneficiary details.
Alleged misuse of Ayushman health-scheme cards involved collecting identity and ration-card details by promising free treatment, then creating forged beneficiary cards with false particulars. The alleged scheme enabled treatment for ineligible persons and purported claims of government health-scheme funds. Police arrested five persons, recovered purported forged identity and beneficiary cards, and are investigating possible involvement of hospital and medical-office personnel, the scale of card forgery, and alleged diversion of public funds.
August 19, 2026
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MSME competitiveness requires affordable credit, technology adoption, formalisation, sustainable trade and stronger export-market access for inclusive growth.
MSME development is identified as central to employment generation, exports, entrepreneurship, economic resilience and self-reliance. Key priorities include affordable credit, technology upgradation, supply-chain integration, market access, brand-building and reduced red tape. Formalisation of micro industries is emphasised to expand institutional credit access, while sustainable trade is promoted through green technologies and renewable energy. Export competitiveness is to be strengthened through regional production capabilities and the "One District, One Export Hub" initiative.

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Architects of Progress: Celebrating India's Most Influential Knowledge Leaders

December 24, 2025

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CHANDIGARH, India, Dec. 24, 2025 /PRNewswire/ -- Kiteskraft Productions LLP proudly honors ten exceptional professionals whose vision, dedication, and innovation are shaping India's evolving knowledge ecosystem across diverse fields. Extending far beyond traditional roles, they stand as mentors, thought leaders, and catalysts of transformation—championing creativity, critical thinking, ethical leadership, and social responsibility. Through impactful contributions in their respective professions, leadership initiatives, and community engagement, these distinguished individuals inspire generations to think boldly and act purposefully. Their work leaves a lasting imprint on society, affirming their role as true architects of progress and guiding forces for the nation's future across all professional domains. Dr. Nit!n Gupta: Based in Delhi, Dr. Nit!n Gupta is a leading name in Corporate Numerology and Vastu Consultancy, known for helping businesses and individuals unlock growth through energetic alignment. With years of experience across Corporate Numerology and Corporate Vastu, he has guided clients in four continents, enabling many to achieve 5x to 10x business expansion. His practice is founded on the principle that aligned numbers, names, and spaces can significantly influence clarity, success, and wellbeing. Serving entrepreneurs, startup founders, high-net-worth individuals, and senior corporate leaders, he blends ancient Indian occult sciences with modern business insight. Backed by strong academic credentials and professional certifications, his personalized, ethical approach delivers practical solutions that support sustainable success, balance, and informed decision-making in today's competitive world. Dr. Ananya Dasgupta: Dr. Ananya Dasgupta is a distinguished educator, writer, social reformer, and environmental advocate committed to education, empowerment, and sustainable development. She has actively championed mental health awareness, skill development, and solar energy initiatives, empowering youth, women, and marginalized communities. As a dedicated teacher and principal, she inspired generations of students and earned accolades including the Best Teacher Award and national recognition in music. Her contributions have been honored with the Super Woman 2025 Award, the Swami Vivekananda Global Peace Award, and the SDG Impact Award conferred by UN ECOSOC at the Bangkok UN Headquarters. She has represented India at UN Women, RIO+20, and the World Renewable Energy Congress. Having traveled solo across twelve countries, her exposure shapes her vision globally. Dr. Rajasekaran Samykan: Algaven PhycoGen Private Limited is rapidly emerging as one of India's most dynamic biotechnology and green innovation enterprises, redefining the intersection of science, sustainability, and entrepreneurship. Formerly known as JE JE Enterprises Private Limited, the organisation operates across algae biotechnology, nutraceuticals, controlled-environment agriculture, natural products, and rural skill development. At the core of this growth is visionary leadership under Rajasekaran Samykan, Founder and Chief Executive Officer, whose decade-long commitment to nature-based innovation has helped build a scalable, impact-driven ecosystem. The company's mission integrates women empowerment, rural livelihood creation, and alignment with global Sustainable Development Goals. Through research-led products, waste-to-wealth models, and structured training programs, Algaven PhycoGen is positioning India as a global hub for sustainable biotechnology and green entrepreneurship worldwide. Ms. Parvathy Ananthanarayanan: Parvathy Ananthanarayanan Mangala (born 3 February 1990), widely known by her pen name Ram SwaRajya, is an Indian author, content writer, and cultural storyteller whose work bridges spirituality with contemporary life. Based in Ayodhya (Uttar Pradesh), she is the founder of the Ram SwaRajya Library, a self-funded initiative dedicated to distributing value-based literature free of cost. Her writing is noted for emotional depth, clarity, and strong grounding in Indian cultural traditions. Drawing inspiration from her roots in Maharashtra and Kerala, she creates reflective narratives that promote mindful living, compassion, and ethical purpose. Through books and digital platforms, she continues to inspire readers to reconnect with heritage while navigating modern realities with awareness and balance across generations worldwide today consistently. Dr. Brajadulal Chakrabarti: Dr. Brajadulal Chakrabarti is a distinguished scholar, visionary, and humanitarian whose life reflects perseverance, intellect, and service. Born into a modest yet deeply scholarly family, he was inspired by his father, Pandit S. M. Chakrabarti, a National Award–winning teacher honoured by President Dr. S. Radhakrishnan. Guided by these values, he pursued an exceptional academic journey, earning degrees in Sociology, Science, Management, and a Ph.D. in Management, alongside several technical diplomas. With decades of experience as an educator, industrial trainer, and General Manager in the Directorate of Industries, Government of Tripura, he also contributed to private-sector advancement with the SPACETECH Group. A prolific author, his acclaimed works reflect deep intellectual and spiritual insight. He continues to remain active in yoga, research, writing, and human development initiatives. Mr. Manu Siddhartha: Manu Siddhartha: Bridging Artificial Intelligence and Ancient Wisdom Manu Siddhartha, a Senior AI professional and acclaimed spiritual author, has beautifully merged analytical precision with deep devotion through his Unlocked series, including Shiv Puran Unlocked and Shiv Gita Unlocked. Guided by years of Sadhana and the teachings of saints, he decodes ancient Hindu scriptures into simple, practical lessons for modern life. His globally streamed Shiv Puran Podcast—available on Audible, Spotify, and Apple Music—explores Lord Shiva's wisdom as a guide to awareness, balance, and strength. Honored with the Charles Dickens Gold Medal, Golden Book Award 2026, and Sahitya Sparsh Award 2026, he continues to inspire seekers worldwide, bridging AI and spirituality to reveal that both ultimately pursue the same truth: understanding consciousness and inner transformation. Dr. Hemam Sangeeta Devi : Dr. Hemam Sangeeta Devi, born in Moirang, Manipur, began her education at Government Girls' High School and Moirang College. She earned her BSc and MSc in Nursing (Medical-Surgical) from Dr. MGR University, Chennai, later completing her PhD in Nursing from the Indian Management Academy and a Master's in Hospital Administration from Manipal University. Currently, she is serving as a Principal at SEA College of Nursing, Bangalore, a Fellow Member of CEGR, Research Guide under RGUHS, and Life Member of TNAI. She has organized many national and international academic events and published research papers. Certified in NLP, Reiki, Lama Fera, Hypnosis, and Life Coaching, she has empowered over 550 individuals through holistic healing, integrating nursing with alternative therapies to nurture body, mind, and soul. Mr. A. J. S Prakash: Mr. A. J. S. Prakash is a visionary technocrat and education strategist with over three decades of experience spanning software training & development, education management, and entrepreneurship. He is widely recognised for introducing innovative educational technologies and scalable business models that have reshaped preschool and K–12 institutions across India. Through franchise-led and company-owned frameworks, he has helped build academically strong and financially sustainable schools. Many professionals mentored by him have gone on to hold leadership positions in reputed organisations, reflecting the depth of his guidance and influence. Beyond corporate success, he remains deeply committed to social responsibility, consistently supporting underprivileged students and children with special needs. Driven by ethics, empathy, and long-term vision, he continues to play a significant role in advancing the education ecosystem. Dr. Rajesh Luthra: Dr. Rajesh Luthra, born on 5th November 1968 in Durgapur, is a distinguished leader in Supply Chain, Strategic Sourcing, Manufacturing and Operations with over three and half decades of expertise. An alumnus of REC Kurukshetra (B.Tech Hons), MBA, and IIM Bangalore, he further enhanced his knowledge as a VLFM Graduate from CII and JAICA, specializing in VSME, Capacity Planning, Supply Chain and Operations. Currently, he serves as the Business Head at Victura Technologies, driving growth and innovation. Previously, he held pivotal leadership positions with Escorts Kubota and TAFE EICHER , contributing significantly to operational excellence. In recognition of his professional achievements and leadership, he was conferred with an Honorary Doctorate in 2025. His career reflects a blend of technical acumen, strategic vision, and a passion for advancing the manufacturing sector and Adoption of Best Technology at Optimum Cost . Prof. Dr. Madan Chandra Karan: Prof. Dr. Madan Chandra Karan is a renowned educationist and internationally acclaimed writer whose contributions to literature and academia have earned global recognition. With academic credentials including MA, MPhil, PhD, and multiple honorary D.Litt titles, he is widely respected for his scholarly depth and creative excellence. Writing fluently in Bengali, Hindi, and English, he has authored several acclaimed works such as Jannater Samsar, Madan Manjari, The Communalism and Counter Communalism, Adrishya Pira, and The Unseen Agony. His writings reflect strong human values, social consciousness, and cultural harmony, many of which have been translated into other languages. Honored with prestigious national and international awards from India, the UK, USA, Germany, and Bangladesh, he continues to inspire readers, scholars, and students worldwide. About Kiteskraft Productions LLP Kiteskraft Productions LLP, established in 2019, is a premier organizer of National and International Conferences and Award ceremonies across sectors like Education, Business, Healthcare, NGOs, and Entertainment. With a mission to recognize excellence, Kiteskraft honors individuals who drive innovation and outcome-based learning. Certified by ISO and MSME, and registered under MCA, it upholds high standards of quality. Recognized by the Scholar's Book of World Records, Kiteskraft fosters industry collaboration through impactful events. With a dedicated team and a vision for excellence, Kiteskraft Productions LLP continues to inspire, empower, and shape a brighter future. Visit www.kiteskraft.com for more. Photo: https://mma.prnewswire.com/media/2851448/Knowledge_Leaders_Kiteskraft.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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