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August 18, 2026
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Youth-focused banking requires public sector banks to deliver personalised digital services, financial awareness, and responsible credit engagement.
Public sector banks are urged to implement sustained youth-focused banking through campus outreach, simple personalised round-the-clock services, dedicated youth support and financial awareness. Engagement should develop long-term relationships beyond account opening while preserving prudential standards. Youth should receive guidance on the formal credit ecosystem, including credit scores, credit history, bank credit products and government credit schemes, to support responsible credit discipline and future financial needs. A dedicated portal may provide a single access point for banking awareness and suitable financial opportunities.
August 18, 2026
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Taxpayer service improvement and litigation reduction guide administrative planning for stronger infrastructure, systems, coordination and future tax department functioning.
Improvement of taxpayer services, reduction of tax litigation, infrastructure strengthening and preparation of an actionable roadmap for future Income Tax Department functioning were considered as operational priorities. Deliberations covered e-HRMS, service matters, reservation policy, systems administration, capacity building, expenditure budgeting, TDS administration, inter-agency coordination, and office infrastructure. Officials identified institutional challenges and priorities for strengthening taxpayer-facing and internal departmental functions.
August 18, 2026
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Duty-free UK market access strengthens export opportunities for Indian goods and services, supporting MSMEs, agriculture, manufacturing and global value-chain participation.
India-UK Comprehensive Economic and Trade Agreement provides duty-free access to the UK market for nearly all Indian exports and may improve the competitiveness of Haryana's manufacturing, agricultural, MSME and services sectors. Preferential access covers products including textiles, engineering goods, auto parts, processed foods and pharmaceuticals, while agricultural exports remain subject to exceptions for sensitive products. The agreement also provides market access across 137 UK services sub-sectors, supporting IT, digital, professional, financial and technical services and facilitating global value-chain participation.
August 18, 2026
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Youth banking outreach promotes campus engagement, financial awareness, responsible credit discipline and long-term access to formal banking services.
Public sector banks are urged to conduct a month-long "Banking for Youth" outreach campaign from 2 October 2026 for persons above 16 years of age. Outreach through educational and skill-development campuses should combine account opening, financial awareness and direct engagement. Banks should develop tailored youth strategies to build long-term banking relationships. Proposed measures include online learning content, lifestyle-linked benefits, dedicated youth banking support, and awareness of credit scores, credit products and government credit schemes. A dedicated youth banking-awareness portal may serve as a single access point for appropriate banking services and financial opportunities.
August 18, 2026
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Competition approval for Prudential's acquisition of equity shareholding in an Indian life insurer supports the proposed insurance-sector combination.
Competition approval has been granted for Prudential Corporation Holdings Limited to acquire certain equity shareholding in Bharti Life Insurance Company Limited. The acquirer is the holding company for its group's insurance and asset-management operations in Asia and supports operations in Asia and Africa. The target is an IRDAI-licensed Indian life insurer.
August 18, 2026
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Foreign remittance certification due diligence faces nationwide verification targeting shell entities, their controllers, and certifying professionals.
Nationwide verification of suspicious outward foreign remittances targets entities with little or no reported business activity, their controllers, and professionals issuing tax determination certificates. Scrutiny concerns remittances disproportionate to reported turnover, inconsistent with stated purposes, or linked to entities not operating from declared addresses. Form 15CB, or Form 146 under the corresponding framework, requires certifying accountants to assess taxability from books of account and relevant records, supporting tax deduction at source and treaty compliance through due care, diligence and professional judgment.
August 18, 2026
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Fair Price Shop regulation introduces graded stock-shortage penalties, mandatory FIRs for major discrepancies, and restructured licensing requirements.
Fair Price Shop regulation introduces quantity-based penalties for stock discrepancies, ranging from performance-guarantee forfeiture and replenishment obligations to interim suspension, cancellation-related action and mandatory FIR registration for major shortages. Repeated or deliberate diversion or manipulation of public distribution supplies may lead to cancellation, blacklisting and FIR registration. Licensing now includes continuing regular licences and short-term temporary licences, with wider eligibility, points-based selection, card-linked performance guarantees and compulsory approved e-PoS, weighing-scale and iris-scanner use.
August 18, 2026
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Priority sector lending strengthened rural credit access through agricultural, micro-enterprise and weaker-section finance, reinforcing financial inclusion and sustainable development.
Regional Rural Banks expanded rural credit delivery while maintaining strong Priority Sector Lending performance during FY 2025-26. Almost all Regional Rural Banks met the prescribed overall priority-sector target. Agriculture and allied activities remained the largest priority-sector component, with farm credit accounting for nearly all agricultural lending. MSME finance predominantly supported micro enterprises, rural entrepreneurs, artisans and small businesses. Lending to weaker sections and finance for housing, education, renewable energy and social infrastructure promoted inclusive access to institutional credit and sustainable rural development.
August 18, 2026
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Adjustable pallet racking systems support customised, scalable warehouse storage through configurable layouts, safety assessment, installation and lifecycle support.
Adjustable pallet racking systems are configurable warehouse-storage solutions for varied inventory dimensions, weights and product types. They support bulk pallet storage, multi-level picking and high-density configurations through adjustable beams and shelves, load-bearing capacity, structural durability and space-efficient layouts. Storage configurations are customised after assessing inventory dimensions, payload requirements, available space and material-movement frequency, with support for design, installation, inspections and after-sales service.
August 18, 2026
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Domestic consumption expansion targets lower-tier markets through improved retail channels, distribution networks, employment support and household income opportunities.
China has introduced measures to strengthen domestic consumption in counties, smaller cities, townships and rural areas. The measures include upgrading township commercial centres, rural markets and local fairs; encouraging domestic and international brands to establish regional debut stores; and reusing existing land resources to improve services. They also seek better services for elderly persons and children, stronger urban-rural distribution networks, county-level employment and resident income channels. The strategy supports a shift towards household consumption amid weak domestic demand, property-sector pressures and subdued consumer sentiment.
August 18, 2026
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Currency management preserves monetary sovereignty through clean notes, secure logistics, decentralised distribution, durable banknotes, and sustainable cash-cycle operations.
Currency management supports trust in cash and monetary sovereignty through demand planning, secure production, distribution, replacement, and disposal. The Clean Note Policy requires good-quality banknotes to be available in required denominations and locations, with unfit notes continuously withdrawn and replaced. A decentralised Currency Chest network distributes fresh currency, processes returned notes, supports linked bank branches, and operates under licensing, real-time reporting, inspection, and audit requirements. Current priorities include managing uncertain cash demand, improving note durability, and reducing the carbon footprint of the cash cycle.
August 18, 2026
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Independent investigation of alleged dubious transactions requires examination of all six allegations despite prior police conclusions.
Investigation into alleged dubious transactions involving Indiabulls Housing Finance Limited and related entities must cover all six allegations identified by the Enforcement Directorate. The CBI must independently examine five allegations previously reviewed by the Delhi Police Economic Offence Wing, irrespective of its conclusion, and submit a comprehensive report. Further investigation into the sixth allegation depends on the special PMLA court deciding the CBI's pending application, after which the CBI must provide a progress or status report.
August 18, 2026
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Boss scam prevention requires independent verification of payment requests and avoidance of malicious WhatsApp attachments that enable executive impersonation.
Boss scam, or CEO impersonation fraud, uses malicious WhatsApp attachments and impersonation of regulatory officials or company executives to obtain control of WhatsApp sessions and issue fraudulent payment instructions. The alleged network supplied SIM cards, dummy SIMs, WhatsApp accounts and one-time passwords to cyber-fraud operators, illustrating a Cybercrime as a Service model. Preventive measures include avoiding suspicious ZIP, executable, library and APK files and independently verifying all financial-transfer requests.
August 18, 2026
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Floating-rate personal loan prepayment protections prohibit charges and compulsory lock-ins for qualifying individual non-business borrowers from 2026.
Prepayment charges are prohibited for part or full repayment of qualifying floating-rate loans availed by individual borrowers for non-business purposes and sanctioned or renewed on or after 1 January 2026. Compulsory lock-in periods cannot restrict prepayment of such loans. Fixed-rate personal loans may still attract prepayment or foreclosure charges under lender policy and contractual terms. Borrowers should check the loan's rate type, sanction letter, loan agreement and key fact statement, where applicable, and compare applicable charges with potential interest savings before early repayment.
August 18, 2026
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Premium Basmati rice positioning drives Zeeba's packaging refresh and ambassador-led campaign focused on quality, authenticity and domestic expansion.
Zeeba has refreshed its packaging and appointed Chef Vikas Khanna as global brand ambassador to support expansion in India. Its "Aisa Basmati Nahi Dekha" campaign positions the brand around export-quality Basmati rice, consistency, authenticity and a superior culinary experience. Promotional activity will extend across digital, retail and consumer touchpoints. The premium Basmati range is described as carefully sourced, naturally aged and processed according to global quality standards, with emphasis on grain quality, authentic taste, purity and consistency.
August 18, 2026
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Silver-collateral lending creates a formal secured-credit channel for eligible borrowers, subject to regulatory requirements and lender policies.
Loans against silver collateral have been introduced following the Reserve Bank of India's Lending Against Gold and Silver Collateral Directions, 2025, enabling eligible regulated lenders to accept silver as security. The offering provides a formal and transparent credit channel against eligible silver jewellery, ornaments and approved silver coins. It is intended for individuals, proprietors and MSMEs requiring liquidity for personal, business and other legitimate financial needs, subject to lending policies and applicable regulatory requirements.
August 18, 2026
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Healthcare discount membership provides instant savings on out-of-pocket care at participating premium providers without insurance claims or paperwork.
CarePass is a healthcare savings membership card providing instant point-of-billing discounts at participating premium healthcare providers across India. It covers out-of-pocket spending on hospital treatment, diagnostics, dental, vision, dermatology, hair and skin care, and IVF and maternity services, without claim processing, waiting periods or paperwork. Members present a digital CarePass at a participating provider to receive the applicable discount. Four membership tiers offer differing benefits, with higher tiers including tele-consultations and annual health checks. CarePass is a discount membership and not an insurance product.
August 18, 2026
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EXIM operations at Vizhinjam commence with container movement, supported by investor facilitation, infrastructure backing and port-led logistics development.
EXIM operations at Vizhinjam international seaport commenced with the flagging off of two containers after a successful trial export shipment. The state government proposes investor engagement, regulatory facilitation and infrastructure support to expand global export activities through the port. Mission Samudra is to operate as a port-led industrial and logistics development scheme. The deep-water port was developed under a public-private partnership model and had received commercial commissioning certification.
August 18, 2026
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Money-laundering investigation under PMLA expands through searches into alleged consultancy payments linked to CMRL and Exalogic Solutions.
Money-laundering investigation under the Prevention of Money Laundering Act involves fresh searches connected with Cochin Minerals and Rutile Ltd and Exalogic Solutions. The inquiry concerns alleged fraudulent payments made under the guise of IT consultancy services and a purported money trail involving persons allegedly connected with those transactions. The action follows earlier searches and questioning in relation to the same matter.
August 18, 2026
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Recruitment examination irregularities trigger money-laundering investigation into alleged bribery, paper leaks, answer-sheet tampering, and preferential veterinary officer selections.
Money-laundering investigation under the Prevention of Money Laundering Act concerns alleged irregularities in veterinary officers' final selection through a public recruitment examination. Searches covered premises linked to commission officials, alleged intermediaries, the digital evaluation entity, and selected candidates. Allegations include bribery demands, examination-paper leakage, OMR answer-sheet tampering, and facilitation of selection for relatives of commission officials.

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IMT Ghaziabad Reports Strong Placement Momentum with Role Competency-Based Hiring; Highest CTC at Rs. 35 LPA

January 8, 2026

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Delhi NCR, India (NewsVoir) IMT Ghaziabad, a premier business school with a 45-year legacy of industry-relevant management education, is witnessing strong momentum in its ongoing placement season, driven by a strategic shift towards a role competency–based hiring framework aligned with evolving industry needs. The institute’s placement outcomes reflect a broader transformation in management hiring, where organisations are increasingly prioritising role readiness, applied skills and long-term performance over volume-driven recruitment.

Placement activity at IMT Ghaziabad has remained robust across traditional and emerging B-school recruiting sectors including banking, financial services and insurance (BFSI), consulting, IT and IT-enabled services, FMCG, investment banking, global capability centres (GCCs) and e-commerce. Recruiters have offered roles spanning strategy, management consulting, business analytics, product management, sales leadership and specialised functional profiles, underlining the relevance and industry alignment of the institute’s talent pool.

By 31 December 2025, 400 students were placed with participation from 110 companies, including 25 new recruiters. The highest cost-to-company (CTC) offered so far stands at Rs. 35.00 LPA, while the average CTC is Rs. 18.89 LPA and the median CTC is Rs. 17.56 LPA. Notably, 25% of the total offers have come through Pre-Placement Offers (PPOs), reflecting strong internship outcomes and sustained recruiter engagement.

Compensation outcomes show consistent depth across the batch, reinforcing the institute’s focus on role-aligned capability building. The top 100 offers recorded an average CTC of Rs. 24.57 LPA, while subsequent cohorts demonstrated stable compensation aligned with functional complexity and sectoral demand.

BFSI emerged as the largest recruiting sector, accounting for 24% of total offers. Leading organisations such as Aditya Birla Capital, Axis Bank, Bajaj Finserv, Care Health, CRISIL, Dezerv, Edme, Federal Bank, HDFC Ergo, HSBC Bank, ICICI Bank, Kotak Mahindra Life and Tata Capital recruited students for roles across sales, marketing, product management, investment banking, wealth management, analytics, and risk and fraud management.

The IT and ITES sector accounted for 17% of the offers, with companies including Accenture (ATCI and AIOC), Adobe, Cisco, Genpact, IBM, MAQ Software, Polestar and Wipro Technologies offering roles in technology consulting, account management, product management, sales, operations, analytics and management trainee programs. Consulting firms contributed 12% of the offers, with recruiters such as Deloitte, KPMG, Gartner, Infosys Consulting, Fractal Analytics, Axtria and Oxane Partners hiring for consulting, strategy, analytics, credit and risk management and operations roles.

FMCG, consumer durables and pharmaceutical companies also accounted for 12% of the offers. Recruiters including AB InBev, Asian Paints, Britannia, Dabur, Dr. Reddy’s, GSK, L’Oréal, Marico, Nestlé, Wipro Consumer Care & Lighting and Zydus Wellness hired students across sales and marketing, management trainee programs, product management, strategy, finance and operations.

Investment banking roles constituted 8% of the offers, with firms such as Goldman Sachs, JP Morgan Chase, Morgan Stanley, Wells Fargo, BNY, Arcesium and Darashaw making offers in finance, investment banking, consulting and analytics. Global Capability Centres, also accounting for 8% of the offers, saw participation from HSBC GSC, PwC GCC, Société Générale, Macquarie, NatWest and Expedia Group, recruiting across credit and risk, finance, consulting, analytics, strategy and operations. The e-commerce sector contributed 5% of the total offers, with Amazon, Flipkart, Myntra, MakeMyTrip, Policybazaar and VMock offering roles in account management, sales, marketing, product management and leadership tracks.

Commenting on the evolving placement strategy, Ms. Shailaja Sharma, Head – Placements, said, “We invited recruiters based on sectoral and functional alignment with student preferences. This year, we introduced the role competency framework to enable a seamless transition from hiring to high performance. The objective is to optimise three critical talent metrics for recruiters—Time to Recruit, Time to Deploy, and Time to Perform.” Dr. Barnali Chaklader, Dean – Academics and Programs, highlighted the academic foundations supporting placement outcomes, stating, “Strong placements at IMT Ghaziabad are a natural outcome of rigorous academics, deep industry engagement, and the collective effort of our faculty and students. Our focus is on building the right skills, values, and confidence that organisations seek. Faculty-driven rigor, active alumni mentoring, and the institute’s legacy together create trust among recruiters. When these elements align with student commitment, strong placement outcomes follow organically.” Contextualising the results amid broader economic conditions, Dr. Poonam Garg, Chairperson – Placements, said, “Amid a challenging macroeconomic environment, IMT’s interim placement progress reflects the institute’s legacy of academic excellence and its commitment to rigor, industry relevance, and responsible leadership. The continued confidence of our corporate partners reinforces our focus on developing future-ready professionals who create sustainable value and adapt to evolving business realities.” Highlighting the BFSI-specific academic integration, Prof. Harsimran Sandhu, Chairperson – PGDM BFS, noted, “The Role Competency Framework bridges the gap between classroom learning and real-world BFSI roles. By rigorously mapping the PGDM BFS curriculum to industry-defined competencies, we ensure that students are job-ready from day one, aligning academic depth with market relevance.” Echoing the institute’s placement momentum, students expressed confidence and satisfaction with their career outcomes.

Yash Mehta said, “IMT Ghaziabad’s industry-aligned curriculum, strong faculty support, and institutional legacy enabled a confident transition into my role at Schneider Electric.” Sharing a similar sentiment, Kanishka Mathur noted, “The PGDM BFS program’s blend of theory, live projects, and structured placement support was instrumental in helping me secure a PPO with JP Morgan Chase.” Their experiences reflect the effectiveness of IMT Ghaziabad’s role competency–based approach in preparing students for high-impact roles across sectors.

Looking ahead, the next phase of rolling placements beginning January 2026 will focus on sectors such as e-commerce, fintech, healthtech, logistics and the expanding GCC ecosystem. Placements for students enrolled in international programs are being conducted through a separate, customised process, with the institute remaining optimistic about strong outcomes.

About IMT Ghaziabad Institute of Management Technology Ghaziabad (IMT Ghaziabad), established in 1980, is India’s premier management school. IMT Ghaziabad has been set up underthe aegis of Lajpat Rai Educational Society (LES), a society duly registered under Societies Act 1860, Government of India and is among the first few schools in India to be AACSB-accredited. It has also been accredited by the South Asian Quality Assurance System (SAQS) and the PGDM programs of IMT Ghaziabad are accredited by the National Board of Accreditation (NBA), and all its two-year PGDM programs have been granted MBA equivalence by the Association of Indian Universities (AIU). IMT Ghaziabad was ranked among the Top 100 in the Financial Times Masters in Management 2024 and was #66 globally in the FT Masters in Finance 2025. It also holds the #30 position in the NIRF India Rankings 2025 (Management category), marking an impressive five-place jump. The institute offers AICTE-approved two-year management programs (PGDM Full-time, PGDM Marketing, PGDM Financial Management, PGDM Banking and Financial Services, and PGDM Dual Country Program), as well as programs for experienced professionals (PGDM ExP), and a fellow program in management (recognized as equivalent to a PhD by AIU). With a distinguished legacy of over four decades, IMT Ghaziabad has shaped students’ professional journey, actively contributing to their success in leadership roles. IMT Ghaziabad has an engaged alumni network of over 15,000 alumni worldwide who thrive as business leaders, entrepreneurs, academicians, public service leaders, and changemakers.

IMT Ghaziabad aims to achieve excellence and nurturing leadership through Knowledge, Innovation, Tech-readiness, Entrepreneurial Mindset, and Sustainability. To drive this aim, IMT Ghaziabad follows a robust, forward-looking curriculum design process, engaging experts, alums, and industry practitioners to ensure its offerings remain contemporary and globally relevant. The curriculum blends academic rigor, leadership development, design thinking, emerging technologies, and entrepreneurial thinking to cultivate a problem-solving, future-ready mindset. A pioneer in integrating sustainability and social responsibility into management education, IMT Ghaziabad’s Sustainability and Social Responsibility (SSR) initiative has been recognized in AACSB’s Innovations That Inspire, and the school is a proud UN PRME Champion.

The curriculum delivery at IMT Ghaziabad is managed by a distinguished faculty cohort that consists of experienced industry professionals and academically accomplished scholars who publish in globally reputed journals and create meaningful intellectual capital for stakeholders. For students, IMT Ghaziabad offers hands-on, future-forward learning through advanced facilities, including the Bloomberg Finance Lab, AI Clinic, and Digital Marketing Lab. Students gain global exposure through exchange programs with partner institutions in multiple countries and international internships. The institute has a diverse and inclusive campus, with around 40% of its students being female, and a vibrant culture driven by student-led clubs, committees, and events. With a strong commitment to innovation in pedagogy, meaningful research, and holistic student development, the institute is poised further to strengthen its stature as a premier business school.

(Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR

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