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    Corporate Mitra Scheme Awareness Webinar organized by IICA Shillong, Ministry of Corporate Affairs witnessing overwhelming participation of youth and ...
    CCI approves amalgamation of Go Digit Infoworks Services, holding company of Go Digit General Insurance Ltd, with Go Digit General Insurance Ltd, such...
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    Govt introduces Bill in RS to tackle payment delays faced by MSMEs
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    Gross Non-Performing Assets (GNPA) of Public Sector Banks (PSBs) at historic low of 1.9% in FY 2025-26, achieve highest-ever net profit of ₹ 1.9...
    India's Toy Exports Soar 89.1%, Reflecting Strong Growth in Domestic Manufacturing
    India's Exports Scale Record US$ 863.1 Billion in FY 2025–26, Driven by Strong Trade with UAE, UK and Australia
    India's FTAs Deepen Global Market Access, Boost Export Diversification and Labour-Intensive Sectors.
    73 Sports Medal Winners of Chandigarh University get government jobs in 2025-26
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    July 29, 2026
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    Corporate Mitra Scheme builds local compliance professionals to strengthen MSME regulatory, financial, taxation, accounting and governance support.
    The Corporate Mitra Scheme develops qualified and accredited para-professionals to provide MSMEs with accessible, affordable compliance and business-support services. Corporate Mitras are intended to assist enterprises with regulatory compliance, finance, taxation, accounting and governance-related requirements, enabling MSMEs to focus on innovation, expansion and growth. IICA Shillong serves as the nodal agency for Northeast regional coordination, stakeholder liaison, promotion and awareness, with regional participation encouraged through reserved course seats and a fee concession.
    July 29, 2026
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    Amalgamation of Go Digit Infoworks with Go Digit General Insurance approved, with the general insurer continuing as surviving entity.
    The Competition Commission of India approved the amalgamation of Go Digit Infoworks Services Private Limited, the holding company of Go Digit General Insurance Limited, with Go Digit General Insurance Limited as the surviving entity. Infoworks has no present market-facing business activities. Go Digit General provides general and health insurance products and services in India, with a specialised focus on general insurance.
    July 29, 2026
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    Competition approval enables Brookfield's indirect acquisition of Oaktree entities, combining alternative investment management businesses.
    Competition approval was granted for Brookfield Asset Management Ltd. to indirectly acquire units in Oaktree Capital Group Holdings, L.P. and Oaktree Equity Plan, L.P., resulting in the acquisition of the Oaktree operating group of entities. Brookfield Asset Management is a global alternative asset manager, while the Oaktree group provides alternative investment management services.
    July 29, 2026
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    Processed dairy exports to Bhutan expand through compliance support, market access facilitation, and planned diversification of longer-shelf-life products.
    Processed dairy exports from Assam to Bhutan commenced with a Purabi Ice Cream consignment exported by North East Dairy and Foods Limited and manufactured through Assam's cooperative dairy network. The Agricultural and Processed Food Products Export Development Authority supported export documentation, regulatory compliance, market access and stakeholder coordination. The initiative seeks to expand value-added dairy exports from the North Eastern Region, with plans to introduce longer-shelf-life products and increase exports according to market demand.
    July 29, 2026
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    Financial-market depth requires reliable liquidity, risk transfer, transparent products and shared institutional responsibility for resilient long-term financing.
    Financial-market depth requires reliable liquidity and price discovery, efficient risk distribution, and diverse, meaningful participation across market conditions. Government and corporate bond markets, money markets, and foreign exchange and derivative markets should channel long-term savings into investment and enable management of interest-rate, currency and credit risks. Product innovation must serve genuine needs and be supported by suitability assessments, transparent disclosure, fair pricing, independent valuation and user risk-management capacity. Regulators, market institutions, issuers, investors and infrastructure providers share responsibility for resilient, transparent and trusted markets.
    July 29, 2026
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    Securitisation Note amendments seek stronger issuance efficiency, liquidity and transparency, with stakeholder consultation invited on proposed directions.
    Draft amendments to securitisation transaction directions seek to improve the efficiency, liquidity and transparency of issuing and subsequently transferring Securitisation Notes. The proposals apply to commercial banks, small finance banks, non-banking financial companies and all India financial institutions. Public and stakeholder comments are invited through the designated regulatory consultation platform or alternatively by post or email.
    July 29, 2026
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    Rupee appreciation reflected weaker dollar conditions, equity inflows, crude oil movements and positive domestic market sentiment.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar. A weaker US dollar, lower crude oil prices relative to earlier levels, positive domestic equity sentiment, and foreign institutional investors' net purchase of Indian equities were identified as key influences. The dollar index weakened ahead of a monetary policy announcement, while crude prices rose amid renewed geopolitical tensions. Domestic benchmark equity indices also advanced in early trade.
    July 29, 2026
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    Input Tax Credit unblocking allegedly involved illegal gratification, prompting a trap operation and apprehension of the officer and consultant.
    Alleged bribery connected with unblocking Input Tax Credit arose after an electronics trader received a show-cause notice and had its ITC blocked. A private tax consultant allegedly conveyed that a State GST officer demanded illegal gratification for unblocking the credit and encouraged the trader to settle the demand. Following a complaint, a trap operation allegedly led to the apprehension of the officer and consultant, with further legal action in progress.
    July 29, 2026
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    Defence production licensing and Russian energy sanctions shaped discussions on Ukraine's security capacity, missile supply and diplomatic engagement.
    Ukraine-US discussions addressed licences for domestic Patriot defence-system production, wider defence-production cooperation, technology exchange and missile supply funded through European resources. Ukraine also sought support for a sanctions bill designed to increase economic pressure on Russia by imposing tariffs on goods from major purchasers of Russian oil and gas and by sanctioning Russian leaders, financial institutions and energy projects. The proposed defence-production licence was identified as a longer-term measure, alongside calls for renewed diplomatic engagement.
    July 29, 2026
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    Cooperative-sector modernisation strengthens rural finance through expanded credit societies, online audits, institutional connectivity and technology-enabled cooperative banking.
    Cooperative-sector modernisation is presented as a mechanism for strengthening rural institutions, farmer prosperity and the rural economy. The separate Ministry of Cooperation provides an administrative, legal and policy framework for the cooperative movement. Key initiatives include establishing new primary agricultural credit societies and dairy cooperative societies, expanding business activities for primary agricultural credit societies, online auditing, and connecting cooperative institutions. District cooperative banks are described as important institutions for meeting the financial requirements of expanding service and dairy cooperative societies.
    July 28, 2026
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    Direct containerised rail freight movement enables seamless Kolkata Port-to-Biratnagar cargo transport without border transshipment under revised transit arrangements.
    Direct containerised rail freight movement between Kolkata Port and Biratnagar Customs Yard has commenced under the revised India-Nepal Rail Transit Protocol. The service enables end-to-end commercial rail carriage without border transshipment through the Jogbani-Biratnagar broad-gauge connection. Implementation of the revised Letter of Exchange operationalises direct commercial rail access, intended to reduce transit time, logistics costs and cargo handling while improving supply-chain efficiency, reliability and cross-border trade.
    July 28, 2026
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    State governance reforms expand housing relief, local audits, MSME support, property records, welfare measures and clean-vehicle tax incentives.
    The reforms provide concessional stamp duty and registration charges for eligible Economically Weaker Section housing beneficiaries, a statutory local-audit framework, and incentives for MSMEs and exports. They also establish rules for ownership records in Lal Dora areas and introduce a formula-based urban property-tax assessment framework with exemptions. Welfare measures cover compensation for specified unnatural custodial deaths, ex-Agniveer reservation, and compassionate appointments. Motor-vehicle tax measures provide a rebate for qualifying vehicles registered in women's names and exemptions for new electric vehicles.
    July 28, 2026
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    Investigation into alleged fund diversion faced scrutiny as agencies were required to disclose progress and decide on regular cases.
    Investigation into alleged dubious transactions and fund diversion involving Indiabulls Housing Finance Limited remained under scrutiny because investigating agencies did not provide an updated status or take a final decision on registration of regular cases. The Central Bureau of Investigation and Delhi Police Economic Offences Wing were required to file a comprehensive affidavit and status report. The allegations concern loans allegedly routed through corporate entities to promoter-linked companies, alongside inquiries involving financial, corporate-fraud and market-regulatory agencies.
    July 28, 2026
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    MSME payment-delay reforms propose faster dispute resolution, enforceable settlement recovery, and invoice discounting to strengthen supplier liquidity.
    The proposed amendment strengthens delayed-payment dispute resolution for micro and small enterprise suppliers through prescribed adjudication timelines and possible interim payment of at least half the awarded amount where a setting-aside application remains pending beyond six months. Mediated settlements and arbitral awards may be recovered as arrears of land revenue and are proposed to be legally enforceable debts under the insolvency framework. Central public sector enterprises would be required to route MSME invoice settlements through the Trade Receivables Discounting System.
    July 28, 2026
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    Regional rural bank oversight strengthens financial performance, technology adoption, diversified lending and financial inclusion in remote communities.
    Regional Rural Banks are regularly reviewed for financial performance, technology upgradation, MSME lending, loan diversification and financial inclusion in rural and remote areas. Their financial health improved over recent years, with growth in deposits, loans, credit-deposit ratio, net worth and capital adequacy, alongside improved asset-quality indicators. Financial-inclusion targets for bank-account access, micro-credit, insurance and pension schemes are set and periodically monitored to extend formal financial services.
    July 28, 2026
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    Emergency credit guarantee support addresses business liquidity mismatches while public sector banks report stronger asset quality and sectoral lending growth.
    Public sector banks reported improved balance-sheet health, rising business and lending, higher profits, stronger capital adequacy, and lower gross non-performing assets through FY 2025-26. Credit expanded across retail, agriculture, MSME, and infrastructure segments. Emergency Credit Line Guarantee Scheme 5.0 provides guarantee coverage to member lending institutions for eligible additional credit facilities addressing short-term liquidity mismatches, with full coverage for MSMEs and differentiated coverage for non-MSMEs and scheduled passenger airlines. Airline assistance is linked to peak credit outstanding and may require proportionate promoter or owner equity contribution above the applicable threshold.
    July 28, 2026
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    Toy quality regulation and export support strengthen domestic manufacturing, safety compliance, market access, and competitiveness in the Indian toy sector.
    Toy-sector measures combine quality regulation, import-duty changes, domestic manufacturing support, export facilitation, and promotional initiatives. The National Action Plan for Toys covers toy design, learning-oriented toys, quality monitoring, restrictions on unsafe imports, indigenous clusters, and domestic production. A Quality Control Order and BIS licensing framework support compliance with toy-safety standards. Cluster assistance, startup recognition, export-duty remission support, and zero-duty market access under specified trade agreements seek to strengthen competitiveness, while stated measures are associated with improved quality conformity, lower imports, and increased exports.
    July 28, 2026
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    Preferential market access under free trade agreements supports export diversification, labour-intensive sectors, and exporter use of tariff concessions.
    India's FTA framework is used to promote preferential tariff utilisation, export diversification and expanded market access. The Government monitors recently operationalised agreements through Certificates of Origin and partner-country trade data. Agreements with the UAE, Australia, Mauritius, Oman and EFTA are associated with increased product-line coverage, tariff preference utilisation and export opportunities. Labour-intensive sectors receive priority through preferential access, while calibrated tariff liberalisation and transition arrangements seek to protect sensitive domestic sectors. Trade e-Connect and the Trade Intelligence and Analytics Portal support exporters with market intelligence, rules of origin guidance, trade data and export-performance monitoring.
    July 28, 2026
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    Preferential Market Access under free trade agreements supports export diversification, labour-intensive sectors, tariff utilisation and data-driven trade facilitation.
    Preferential tariff utilisation under recently operationalised trade agreements is monitored through Certificates of Origin and partner-country trade data. Increased certificate issuance and expansion in exported HS-level tariff lines are treated as indicators of export diversification and market penetration. Labour-intensive sectors receive improved market-access opportunities under FTAs, while calibrated tariff liberalisation and transition arrangements preserve policy space for sensitive domestic sectors. Trade e-Connect and the Trade Intelligence and Analytics Portal provide exporters and policymakers with market intelligence, Rules of Origin guidance, FTA advisory services and trade-performance analytics.
    July 28, 2026
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    Sports-quota government recruitment recognised medal-winning student-athletes for public employment across defence, policing, railways and other government institutions.
    Sports-quota recruitment enabled medal-winning student-athletes to obtain government employment on the basis of sporting performances at state, national and international levels. Appointments covered armed forces, central armed police and paramilitary organisations, railways, police, the Income Tax Department, a public-sector bank, sports departments and other government institutions. The described sports framework provides scholarships, coaching, infrastructure, dietary support, travel, accommodation, equipment and selection-oriented physical, mental and personality-development training.

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      UP records highest domestic tourism among states in 2025; fourth in terms of foreigner visits

      December 29, 2025

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      Lucknow, Dec 29 (PTI) Extensive renovation of religious, cultural and historical sites, along with the development of modern tourism infrastructure, have posited Uttar Pradesh as the most popular destination for domestic tourism and in fourth place in terms of foreign tourist arrivals.

      According to data released by the Ministry of Tourism, Government of India, more than 137 crore domestic tourists visited Uttar Pradesh in 2025, besides 3.66 lakh foreign tourists, the state government said in a statement on Monday.

      The most significant contributor to this achievement was the grand Mahakumbh 2025 in Prayagraj, which witnessed a historic footfall of over 66 crore devotees, the statement said, adding that Ayodhya, Varanasi, Mathura Vrindavan and Shravasti have emerged as major tourism hubs.

      New avenues of religious and cultural tourism have developed across the state, the statement asserted, saying regular events organised by the tourism and culture department such as the 'Deepotsav', 'Rangotsav', 'Dev Deepawali' and 'Magh Mela' have become major attractions for tourists from India and abroad.

      Uttar Pradesh has always been a vital centre of Indian culture and history, but tourism destinations that remained neglected before 2017 have been revived and transformed under the leadership of Chief Minister Yogi Adityanath, it said.

      Along with restoration, emphasis was laid on strengthening transport, hospitality and connectivity. Improved air connectivity, expanded rail and bus services, and growth of accommodation facilities have led to a significant rise in foreign tourist arrivals.

      According to statement, in 2025, the state tourism department initiated development projects worth Rs 1,283.33 crore.

      Major projects include beautification of ghats in Varanasi, construction of an integrated circuit house and convention centre, development of the Kalinjar integrated route in Chitrakoot, and creation of tourist facility centres along the Ram Van Gaman Marg.

      Restoration work is in progress at Bhagwanpur Temple in Moradabad, Ajitashram Yog Kunj in Shahjahanpur, Valmiki Nagar's Lav Kush Kuti, Tretayug Bhoomi Kuti, Bharatkothi, Sita Rasoi and Kausalya Sthal.

      Additionally, five new projects worth Rs 7 crore were launched through district tourism units. Under the Mukhyamantri Tourism Development Cooperation Scheme, two projects were approved this year, while four more are set to receive approval soon.

      The tourism department, in co-ordination with other departments, organised several large scale cultural events throughout the year, taking tourism in the state to new heights. The most prominent among them was the Mahakumbh 2025 in Prayagraj, which attracted record numbers of tourists from the country and abroad.

      The grand Deepotsav at Ayodhya broke its own Guinness World Record for the lighting of earthen lamps, while the world's largest Ram Takht showcased during the Ramleela in Varanasi was also recorded in the Guinness Book of World Records.

      Performances such as 'Ram Katha' on the ghats of the Ganga, Kathak dance presentations, 3D holograms and projection mapping created an unforgettable experience for visitors.

      During Holi, events like Rangotsav in the Braj region, 'Chilka Holi' of Ramnagar, Holi of Kashi and 'Lathmar Holi' of Mathura mesmerised tourists.

      In 2025, festivals including 'Ghaghra Mahotsav', 'Brahma Mahotsav', 'Makar Sankranti Mahotsav', 'Dudhi Mela', 'Ghazipur Mahotsav', 'Varanasi Mahotsav' and 'Lalgarh Mela' of Chitrakoot led to a notable rise in tourist numbers, revenue generation and local employment, the official release exalted.

      According to the statement, the Uttar Pradesh Tourism Policy 2022 has ensured multi-dimensional development of tourism in the state. Under this policy, 1,757 tourism units have been registered on the Uttar Pradesh tourism portal while investment proposals worth Rs 37,688.58 crore have been received.

      To promote Uttar Pradesh tourism globally, the department participated in major international platforms including Zurich Travel Mart, Global Travel Market 2025, Paris Fashion Week, GTAC Tokyo Sydney, ITB Asia and FITUR 2025.

      At the national level, the department strengthened its outreach through participation in ITB India, GTA events in Patna, Lucknow, Mumbai, Chennai and Delhi, and Expo Jaipur.

      Focussing on youth empowerment, the tourism department implemented the CM Tourism Fellowship Programme to provide structured training opportunities to young professionals. Youth Tourism Teams were formed in all districts of the state to assist tourists and promote cultural preservation.

      In collaboration with the Centre, the department is also conducting 17 travel and tourism courses, enabling youth to gain employment as tourist guides, air hostesses, cabin crew members and hospitality professionals. In this sequence, Phase 2 of the Convention and Exhibition Centre in Shahjahanpur, developed at a cost of Rs 46 crore, is nearing completion, it said.

      Under the Youth Travel Mart initiative, youth tourism teams provided assistance to tourists in Ayodhya, Bareilly, Chandauli, Shahjahanpur, Varanasi, Farrukhabad, Prayagraj and Lucknow.

      The department also organised school-level quiz and photography competitions across major cities to promote awareness and heritage conservation. On World Tourism Day, students from 11 schools in Lucknow were taken on guided tours of prominent tourist destinations.

      Under the Swadesh Darshan Scheme 2.0 implemented by the Centre, projects such as Azad Park and Knowledge Hub in Prayagraj and the Buddhist Museum in Shravasti are being developed.

      With support from the Ministry of Finance under the Museum and Heritage Cluster Phase 1, development works are underway at sites in Kanpur associated with freedom struggle of 1857, Nawabganj Temple in Sultanpur and Farrukhabad, and Maa Kamakshi Devi Temple in Chitrakoot. An integrated project worth Rs 2.68 crore in Hardoi is nearing completion.

      The Homestay Scheme promoted by the department has boosted self-employment, while rural tourism initiatives have revived folk music, traditional cuisine and local customs, the statement added. PTI NAV ARB ARB

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