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    MSMEs are the true builders of India’s economic resilience: LG Sinha
    RBI MPC preferred wait-and-watch stance amid food and fuel inflation risks: Minutes
    Bihar Police arrests man over alleged exam irregularities
    United Arab Emirates suspends trade with Iran after coming under renewed missile fire
    RBI minutes: Governor Malhotra awaits more clarity on inflation, opts for rate hold
    Instant Credit Card Application With JioFinance: Step-by-Step Guide
    Union Minister of Commerce & Industry Shri Piyush Goyal leaves for Singapore for 4th India-Singapore Ministerial Roundtable and 4th India-Singapore Bu...
    IDFC FIRST Bank successfully accesses international debt capital markets with maiden US$500 million bond issuance
    Any attempt to defame CAS by manipulation will be dealt with sternly, warns Sebi's Pandey
    Rupee falls 2 paise to settle at 95.76 against US dollar
    QualityKiosk Establishes Hyderabad Engineering Hub to Advance AI Reliability, Agentic Engineering and AI Assurance for Global Enterprises
    ED raids SP leader Azam Khan's Trust and university in UP
    Rupee rises 1 paisa to 95.73 against US dollar in early trade
    CCI approves acquisition of 23% equity shareholding of TM International Logistics by Tata Steel Ltd
    CCI approves acquisition of additional shareholding of Acko Technology & Services Pvt Ltd. by General Atlantic Singapore ACK Pte. Ltd
    Union Minister of Commerce & Industry Shri Piyush Goyal invites Japanese businesses to deepen investments and partnerships in India
    Department of Commerce Organises Awareness Session on EU CBAM Regulations for Exporters
    PSB Confluence 2026 concludes with actionable strategies across seven themes for Public Sector Banks and Public Financial Institutions
    Previous LDF govt didn't fulfil many obligations related to Vizhinjam port: CM Satheesan
    Sitharaman calls on public sector banks to translate strength into competitiveness and leadership
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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.
August 19, 2026
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Supply-side inflation risks support a policy pause pending evidence of broad-based, persistent price pressures and de-anchored expectations.
Monetary policy calibration remained on hold because food and fuel inflation had not yet produced broad-based or persistent price pressures. The policy pause was supported by limited pass-through of supply-side shocks, contained core inflation and no clear demand-driven overheating. Recalibration depends on incoming evidence of persistent inflation, entrenched supply-side pressures, de-anchored expectations and the evolving growth-inflation dynamic. Geopolitical disruption, volatile oil prices, monsoon conditions and El Nin o-related agricultural risks remain material inflation risks.
August 19, 2026
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Examination irregularities investigation examines alleged answer-sheet cheating, managed centres and suspected solver-gang involvement by a biometric operator.
Alleged examination irregularities involved suspected cheating through the receipt of an answer sheet by an examinee from personnel of a private firm conducting the examination. Police arrested a biometric operator following an investigation into his alleged involvement. His prior work with biometric firms and manpower supply agencies was examined in connection with clues concerning allegedly managed examination centres and a suspected solver gang.
August 19, 2026
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Trade restrictions on Iran halt commercial and financial exchanges as regional security threats disrupt maritime commerce and re-export access.
UAE trade restrictions on Iran halted all trade, commercial exchanges and financial transactions until further notice following reported ballistic-missile incidents and regional security escalation. The UAE assessed the missiles as directed at maritime traffic, while Iran denied launching them. The suspension disrupts the UAE's role as a major trade and re-export gateway for Iran and may increase Iran's economic isolation. Continuing threats to shipping through the Strait of Hormuz also create economic risk for the UAE's regional business, finance and tourism position.
August 19, 2026
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Inflation persistence and expectations guide continued rate hold amid supply shocks and uncertainty over broader price pressures.
Monetary policy calibration remains contingent on clearer evidence that supply-side price shocks are becoming persistent, broad-based inflationary pressures. The policy rate was maintained unchanged amid uncertainty from higher energy costs, supply-chain disruption, an erratic monsoon and food, fuel and input-price risks. Policy tightening may be required if inflation becomes generalised, expectations become de-anchored, or inflation persists. A wait-and-watch approach was preferred pending clearer realised inflation, forecasts, weather effects and global conditions.
August 19, 2026
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Online credit card applications streamline comparison, eligibility screening and e-KYC, while approval remains subject to issuing-bank criteria.
Online credit card applications through the JioFinance app combine card comparison, eligibility checks, electronic verification, application submission and status tracking. Eligibility screening may occur without affecting the applicant's credit score, but approval remains subject to the issuing bank's criteria and internal policies. Aadhaar-based e-KYC or other accepted electronic verification may be used where applicable. Applicants should provide accurate Aadhaar, PAN and mobile details. Eligible approved applicants may receive a virtual card before physical-card delivery, subject to applicable terms and conditions.
August 19, 2026
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Comprehensive strategic partnership drives ministerial and business engagements on investment, market access, technology collaboration, skills and agri-food trade.
India-Singapore economic engagement is being advanced through ministerial and business roundtables under the Comprehensive Strategic Partnership. A multidisciplinary business delegation is undertaking business-to-business, government-to-business and institutional engagements focused on partnerships, investment, market access, technology collaboration and talent development. Agricultural trade cooperation includes promotion of Indian agri-food exports through a retail initiative. The engagement seeks to strengthen trade, investment, digitalisation, advanced manufacturing, skills development, green-economy cooperation and people-to-people ties.
August 19, 2026
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International senior notes issuance diversifies the bank's funding sources and expands access to global debt capital markets.
IDFC FIRST Bank accessed international debt capital markets through its IFSC Banking Unit at GIFT City by issuing inaugural fixed-rate senior notes with a three-year tenor, due in 2029. The notes were offered to investors outside the United States under the Regulation S format. The issuance followed an investment-grade long-term issuer credit rating with a stable outlook, diversifies the bank's funding sources, and creates an avenue for access to global capital markets in support of long-term growth.
August 19, 2026
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Closing auction session safeguards market transparency through pooled order matching, backed by immediate action against manipulation and stronger monitoring.
Closing auction session (CAS) improves transparency and reduces manipulation in end-of-trading price formation by pooling buy and sell orders during a designated closing window for auction-style matching. Manipulation intended to undermine CAS is subject to prompt and stringent action, supported by enhanced monitoring. Responsible use of artificial intelligence and machine learning requires tiered accountability and governance, including kill-switch, human-in-the-loop and data controls. Regulated entities remain responsible for privacy, security and integrity of investor data used by every AI tool they deploy.
August 19, 2026
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Foreign exchange market movement shows rupee pressure from elevated crude prices, moderated by reserves, intervention and FCNR(B) inflows.
Foreign exchange market movement saw the rupee depreciate marginally against the US dollar amid higher global crude oil prices, heightened West Asia tensions, a stronger dollar environment and weaker domestic equity markets. Central-bank intervention and foreign fund inflows provided support. Adequate foreign-exchange reserves and stronger-than-expected FCNR(B) scheme inflows were identified as factors limiting the scope for sharp depreciation.
August 19, 2026
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AI reliability engineering expands through an enterprise hub supporting AI assurance, agentic engineering, observability and trusted AI deployment.
QualityKiosk Technologies has established a Hyderabad engineering hub to expand AI reliability engineering, AI assurance and agentic engineering capabilities. The centre supports engineering, marketing, branding, analyst-relations and advisory functions, while serving enterprise demand for AI reliability, product engineering, CloudOps and automation. It advances an AI reliability operating framework covering AI for reliability, reliability of AI, agentic engineering, shift-right engineering, frontier-system reliability, observability and platform-based delivery to promote governance, resilience, operational trust and assurance in AI-powered systems.
August 19, 2026
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Money laundering investigation examines alleged diversion of government contract funds and their use in creating trust and university assets.
Money-laundering investigation under the Prevention of Money Laundering Act led to searches of premises associated with the Maulana Mohammad Ali Jauhar Trust, its university, linked companies, promoters and a chartered accountant. The inquiry concerns alleged diversion of government contract funds through private contractors and their alleged subsequent use, including for creating assets of the Trust and university. Separate planning-law issues concern allegations that most university buildings were constructed without approved plans.
August 19, 2026
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Foreign exchange market conditions supported marginal rupee strength despite crude oil pressures, regional tensions and oil-company dollar demand.
Foreign exchange market conditions reflected a marginal strengthening of the rupee against the US dollar in early trading, supported by reported Reserve Bank of India intervention, a softer dollar index and foreign institutional equity inflows. Higher global crude oil prices, West Asia tensions and oil-company demand for dollars continued to exert pressure, resulting in a range-bound trading environment.
August 19, 2026
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Competition approval for Tata Steel's share acquisition restructures ownership of logistics joint venture following an existing partner's exit.
Competition approval has been granted for Tata Steel Ltd.'s acquisition of IQ Martrade Holding Und Management GmbH's entire 23% equity shareholding in TM International Logistics Ltd., resulting in IQ Martrade's exit. Following completion, Tata Steel and NYK (Europe) B.V. will hold 74% and 26% equity shareholding, respectively. TM International Logistics primarily serves Tata Steel's logistics and cargo transportation requirements through railway cargo transportation, port operations and cargo handling, freight forwarding, and value-added logistics services.
August 19, 2026
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Competition approval enables increased insurtech shareholding through a rights issue, crossing the prescribed ownership threshold in insurance businesses.
Competition approval has been granted for General Atlantic Singapore ACK Pte. Ltd. to acquire additional shareholding in Acko Technology & Services Private Limited through the target's rights issue, resulting in the acquirer crossing the 25% shareholding threshold on a fully diluted basis. The target is an Indian insurtech company with subsidiaries conducting licensed general and life insurance businesses, while another subsidiary awaits a corporate agency licence for insurance-policy distribution.
August 19, 2026
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India-Japan investment partnership prioritises technology, manufacturing and infrastructure collaboration, with Uttar Pradesh positioned for deeper Japanese commercial engagement.
India-Japan economic cooperation is positioned for deeper investment and commercial partnerships in manufacturing, technology, infrastructure, energy, defence, artificial intelligence, semiconductors, critical minerals, batteries and next-generation mobility. Uttar Pradesh is identified as a prospective destination for Japanese investment because of its workforce, connectivity, manufacturing base, MSME sector, export capacity, transport infrastructure and industrial clusters. Investment facilitation is associated with reforms in ease of doing business, digital public infrastructure and multimodal logistics.
August 19, 2026
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Carbon border adjustment compliance requires reliable emissions data, reporting, accreditation and verification throughout exporters' supply chains.
European Union Carbon Border Adjustment Mechanism compliance requires exporters to address covered products, embedded-emissions calculation, data collection, reporting, accreditation and verification. Preparedness across the export value chain depends on timely emissions data from suppliers and other stakeholders, supported by credible verification mechanisms. Capacity-building and engagement seek to facilitate workable compliance with evolving sustainability-related international trade requirements.
August 19, 2026
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Youth banking engagement promotes sustained customer relationships through digital access, campus outreach and financial support across evolving life stages.
Public Sector Banks and Public Financial Institutions are urged to implement actionable strategies with clear ownership and realistic timelines. Youth banking engagement is to be strengthened through a focused campaign, a common digital access platform and physical outreach, supporting young customers' evolving financial needs. Priority sector lending requires granular monitoring, early identification of target gaps and productive credit flow to intended beneficiaries. Agriculture and horticulture value-chain financing may cover farmer producer organisations, storage, processing, logistics and market linkages, while credit card strategies include digital onboarding, cross-selling and RuPay-UPI integration.
August 18, 2026
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Port connectivity obligations shape Vizhinjam export-import operations, logistics integration, infrastructure acceleration, and scrutiny of prior stakeholder notification.
Vizhinjam port concession obligations include road and rail connectivity to maximise the benefits of export-import operations. The State government proposes land acquisition funding for a ring-road project, is engaging with central ministries on rail connectivity, and is seeking to expedite national-highway construction. Mission Samudra is intended to connect Cochin port and 18 mini ports with Vizhinjam to support lower-cost, faster exports. Concerns were also raised over the State government not receiving prior intimation of a proposed stake transfer in the port project company.
August 18, 2026
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Public sector banking competitiveness requires distinct institutional strengths, early capability building and strategic support for economic growth priorities.
Public sector banks are urged to use their customer base, branch networks, geographic reach, institutional experience and digital capabilities to build stronger competitive positions and leadership. Each bank may develop distinct areas of excellence based on geography, customer relationships, sectoral expertise, technology capabilities or international presence. Strategic priorities include deposit mobilisation, banking for youth, support for investment and global capability centres, agriculture and horticulture infrastructure, credit-card business reorientation and priority sector lending.

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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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