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    India, US working towards interim trade agreement: MEA
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    August 4, 2026
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    Interim bilateral trade agreement negotiations continue as both sides work to finalise unresolved issues in the proposed arrangement.
    Interim bilateral trade agreement negotiations between India and the United States are continuing. Both sides have undertaken substantial work, while certain issues remain to be finalised before completion of the proposed interim trade arrangement. A United States Trade Representative delegation visited India to advance discussions. The text records the status of negotiations and identifies no concluded agreement or operative customs measure.
    August 4, 2026
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    Fuel-price volatility mitigation will combine fiscal measures, consumer protection, energy security and fiscal sustainability during external energy shocks.
    Fuel-price volatility is to be mitigated through fiscal and administrative measures that protect consumers while maintaining fiscal sustainability. The approach includes monitoring revenue and expenditure, reprioritising spending, and using fiscal measures when economic conditions require. Reduced central excise duty on petrol and diesel moderated the impact of elevated international crude prices and partly offset under-recoveries of public-sector oil marketing companies. Longer-term measures include revenue mobilisation, import diversification, Strategic Petroleum Reserves, cleaner fuels and energy efficiency.
    August 4, 2026
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    Tax policy certainty reforms propose easier fund management, data-centre access, electronics incentives and revised electronic-payment charging rules.
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    August 4, 2026
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    Responsible precious-metals recycling supports recycled-gold products, organised buyback channels and a more self-reliant domestic supply chain.
    Responsible precious-metals recycling is promoted through a commemorative recycled-gold coin intended to support domestic recycling, responsible sourcing and a self-reliant supply chain. The product is described as having certified purity authentication, tamper-proof packaging, a unique identification number and an assayer-certified minted card. The initiative seeks to reduce dependence on imported gold and expand organised, transparent recycling infrastructure. An organised silver buyback programme is also described as supporting secure consumer sales and a circular economy for precious metals.
    August 4, 2026
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    Broad-based growth strategy links tax reforms, trade resilience, industrial support and services development to medium-term economic expansion.
    The growth strategy combines agricultural productivity, manufacturing, MSME support, infrastructure, logistics, ease of doing business, streamlined income-tax and GST reforms, innovation, digitalisation, human-capital development, energy security, public capital expenditure, foreign direct investment liberalisation, export promotion, fiscal prudence and price stability. Trade resilience is to be strengthened through expanded trade agreements, while manufacturing, services, agriculture and strategic sectors receive targeted policy support. The material also reports secured-asset enforcement cases and recoveries by banks under the SARFAESI framework during FY25.
    August 4, 2026
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    Co-operative bank governance and financial disclosure support digital transformation, risk management, priority-sector lending and sustainable member-focused growth.
    Co-operative bank governance and financial disclosure were addressed at the annual general meeting, where the member-notice agenda was transacted and audited financial statements were presented. The bank reported growth in business, deposits and advances, together with net profit, asset quality, provisioning coverage and capital adequacy indicators. Its operational priorities include digital transformation, risk management, selective network expansion, customer service and operational discipline. Future priorities include retail and priority-sector lending, MSMEs, affordable housing and institutional deposits.
    August 4, 2026
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    Foreign-exchange market conditions weakened the rupee as oil prices, domestic equities and dollar strength shaped near-term currency expectations.
    The rupee weakened against the US dollar amid elevated crude oil prices, weaker domestic equities and a stronger dollar index, while foreign fund inflows moderated the decline. Attention shifted to the central bank's monetary policy meeting, with continuation of the existing benchmark policy rate anticipated. Earlier measures encouraging overseas dollar deposits and facilitating foreign participation in government bonds were reported to support capital inflows and India's external position.
    August 4, 2026
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    MSME credit expansion combines SIDBI lending initiatives with guaranteed additional working-capital facilities for eligible borrowers.
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    August 4, 2026
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    Furniture and interiors sourcing platform connects Indian manufacturers with domestic and international trade buyers through direct procurement opportunities.
    imm india 2026 is presented as a business-to-business sourcing platform linking Indian furniture, home de cor, rug, carpet, mattress and handicraft manufacturers with domestic and international trade buyers. It is intended to provide direct manufacturer access, design-led sourcing and project-scale procurement opportunities for architects, designers, retailers, hospitality professionals and real estate developers. The programme includes a hosted buyer initiative, industry conferences, knowledge sessions and awards addressing innovation, sustainability, craftsmanship and design.
    August 4, 2026
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    Financial literacy Olympiad builds students' practical understanding of mutual funds, financial planning, market concepts and responsible investment participation.
    Financial literacy and investment awareness are promoted through a nationwide, multi-level educational competition for undergraduate and postgraduate students. Participants are assessed on mutual funds, investment fundamentals, financial planning, market concepts and long-term wealth creation, with exposure to market-linked products including ETFs, portfolio management services, alternative investment funds and specialised investment funds. The initiative combines academic institutions and financial-sector participants to improve practical investment knowledge, informed decision-making and responsible participation in investment markets.
    August 4, 2026
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    WTO dispute settlement challenges test India's safeguards, agricultural support, technology tariffs and production-linked incentives across pending proceedings.
    Nine pending WTO disputes against India concern safeguard measures, sugar support and export schemes, information and communications technology tariffs, and technology-sector incentives. India contests the claims as consistent with its WTO rights and obligations. Appeals concerning iron and steel safeguards, sugar measures, and certain information and communications technology tariff reports remain pending, including because the WTO Appellate Body is non-functional. Other proceedings concern Chinese challenges to production-linked incentives, tariffs, and solar, automotive, renewable-energy and information-technology measures; one panel proceeding is ongoing and another panel has not been constituted.
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    Digital business law and entrepreneurship education combine management, compliance and innovation training for technology-driven enterprise careers and ventures.
    The MBA programme integrates management education, entrepreneurial capability, digital business law, and legal and policy awareness for technology-driven enterprise. It addresses compliance, digital platforms, data-driven decision-making, artificial intelligence, digital transactions, intellectual property, cross-border commerce and evolving regulatory frameworks. The programme is designed for prospective founders, start-up professionals, transforming family businesses and careers in consulting, strategy, business development, policy-oriented enterprises and digital commerce, with industry-relevant entrepreneurship education and digital-first learning.
    August 4, 2026
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    Savings account access expands through video KYC, mobile banking, no-minimum-balance options, monthly interest payments and deposit insurance coverage.
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    August 4, 2026
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    Foreign-exchange market conditions supported a marginal early appreciation of the rupee against the US dollar, led by broad US-dollar weakness, improved risk sentiment, lower oil-price levels and foreign portfolio inflows. Importer demand for dollars moderated the movement. Market direction remained linked to the forthcoming monetary-policy decision and US economic data, while reported central-bank activity was described as helping smooth currency volatility. The US dollar index, crude-oil movements, global supply expectations and domestic equity-market activity were relevant exchange-rate influences.
    August 4, 2026
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    Quality statistics drive statistical-system reform through administrative data, interoperable systems, stronger governance, and international cooperation for evidence-based policymaking.
    Quality statistics are advanced through modernised national statistical systems, administrative data, digital public infrastructure, and stronger data-governance and privacy standards. Cooperation among national statistical offices is intended to address data gaps through knowledge sharing, methodological harmonisation and statistical innovation. Discussions also emphasised digital dissemination, transformational statistical reforms, and the use of administrative data for timely, cost-effective and granular official statistics, supported by harmonised metadata, interoperable systems and institutional collaboration.
    August 4, 2026
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    Digital statistical modernisation strengthens survey quality, macroeconomic indicators, international standards alignment and infrastructure performance monitoring through standardised data systems.
    National statistical modernisation uses digital survey platforms with validation checks, AI-enabled support and multilingual interfaces, alongside short-duration surveys and administrative data to improve sampling and timely official statistics. Reforms include base revisions for Gross Domestic Product, Consumer Price Index and Index of Industrial Production; adoption of metadata, quality-assessment and classification standards; and alignment with international statistical principles and methodologies. Sustainable development indicators and infrastructure monitoring are supported through a national indicator framework, PAIMANA and a standardised performance dashboard.
    August 3, 2026
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    Windfall gains tax on petroleum exports increases to discourage exports and preserve domestic fuel availability during regional supply disruptions.
    Special additional excise duty on exports of petrol, diesel and aviation turbine fuel has been increased for the relevant fortnightly period, while existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall gains tax is intended to preserve domestic availability of petroleum products during the West Asia crisis and prevent exporters from benefiting unduly from price differences linked to elevated global crude oil prices.
    August 3, 2026
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    Online Astrology Platform Regulation: consumer department reported no guidelines, while information requests required revised factual disclosures.
    Online astrology platforms were reported as lacking specific regulatory guidelines within the consumer affairs department. The RTI application sought information on alleged unfair trade practices, investigations, complaints, licences, approvals, and applicable rules. The National Consumer Helpline stated that it had not investigated because it functions as a grievance-resolution platform. A revised factual response was required on investigations and complaint data, while queries concerning regulation, licences, approvals, and related investigations were to be transferred to the public authorities likely to hold that information.
    August 3, 2026
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    Business combination disclosure outlines shareholder approval, registration requirements, financing conditions, and forward-looking risks for the proposed public listing.
    The proposed business combination would take Yellow.ai public through a definitive agreement with Bluerock Acquisition Corp., subject to customary closing conditions and shareholder approval. Bluerock intends to file a Form S-4 registration statement containing a proxy statement/prospectus for proxy solicitation and securities issuance in connection with the transaction. The communication is not an offer or solicitation and states that no securities offering may occur without compliance with applicable registration, qualification or exemption requirements. Transaction projections and anticipated benefits are forward-looking statements subject to material risks and uncertainties.
    August 3, 2026
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    Bilateral investment and trade facilitation drive proposed co-investment, digital cooperation and advanced manufacturing partnerships between Indian and Uzbek businesses.
    India-Uzbekistan cooperation is proposed through co-investment, co-manufacturing and co-innovation, supported by the Bilateral Investment Treaty to promote investor confidence and reciprocal investment. Priority sectors include mining, textiles, healthcare, agriculture, food processing, digital technologies and advanced manufacturing. Trade facilitation measures include reducing trade barriers, mutual recognition of standards, approvals, testing and certification, customs digitalisation and improved trade routes. Regulators and standard-setting bodies are expected to cooperate under a structured, time-bound economic partnership.

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      Chandigarh University Wins 11 Gold Medals; Lifts Overall AIU Inter-University Championship 2025-26

      January 10, 2026

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      Chandigarh University wins 16 Medals: Clinches championship trophy in Freestyle and Greco-Roman category Chandigarh, India (NewsVoir) Chandigarh University once again stamped its authority on Indian university sports by delivering a historic double triumph at the All-India Inter-University Wrestling Greco-Roman and Freestyle Championship 2025–26, clinching the Overall Championship titles in both Greco-Roman and Freestyle categories by winning a total of 16 medals including 11 Gold (6 in Greco Roman and 5 in Freestyle), 3 Silver (Freestyle) and 2 Bronze medals (1 each in both categories) in both categories.

      In Greco-Roman wrestling, Chandigarh University emerged as the undisputed champion finishing first overall, followed by Lovely Professional University in second place and Kurukshetra University in third. In Greco Roman, CU clinched the top spot with a total of 7 medals including 6 Gold 1 Bronze medal, Lovely Professional University (LPU) secured 2nd place with total 5 medals including 2 Gold and 3 Bronze medals and Kurukshetra University with total 3 medals including 1 Gold and 2 Bronze medals to secure 3rd place in the Greco Roman category.

      In GR category, CU grapplers clinched gold medals in six weight categories including commanding victories by Kapil Dalal (60 kg), Saurabh (67 kg), Umesh (82 kg), Prince (87 kg) and Hardeep (130 kg), many of them registering emphatic, one-sided wins that showcased superior strength, technique and tactical brilliance of these grapplers.

      Chandigarh University’s dominance continued in Freestyle wrestling, where the varsity again finished first overall ahead of MDU Rohtak and Lovely Professional University. Standout performances included gold medal wins by Tushar (61 kg), Deepanshu (65 kg) and Paras (79 kg) with several bouts decided by large margins reflecting the aggressive yet composed approach of CU wrestlers on the mat. With total 9 medals including 5 Gold, 3 Silver and 1 Bronze, CU secured 1st place in Freestyle category and MDU Rohtak, Haryana with total 3 medals including 1 silver and 2 Bronze medals to secure 2nd place and Lovely Professional University with total 3 medals including 2 Silver and 1 Bronze medals had to suffice with 3rd place in the same category.

      The prestigious five-day national championship held from January 5 to 9 under the aegis of the Association of Indian Universities (AIU) was hosted by the Chandigarh University and witnessed electrifying bouts amid biting winter conditions. The national wrestling championship saw participation from over 200 universities across the country with more than 2700 wrestlers competing in over 2000 bouts across 20 weight categories in Greco-Roman and Freestyle wrestling. Against this fiercely competitive contests, Chandigarh University grapplers delivered power-packed and disciplined performances, underlining the university’s growing stature as a powerhouse of university sports in India.

      Highlighting individual brilliance, Hardeep clinched gold in the Greco-Roman 130 kg category with an overwhelming 8–0 victory over Nitin of PU Gujarat, while Tushar dominated Kapil of JMAU Kota by 11–0 in the freestyle 61 kg final.

      In a final bout, Nishant from Gondwana University Maharashtra defeated Sourabh from LPU Punjab by 7-5 points to clinch Gold in 74 kg weight category.

      Deepanshu registered a convincing 10–0 win in the 65 kg freestyle category and Paras held his nerve in a thrilling 11–8 contest to secure gold in the 79 kg freestyle final. Several other CU wrestlers impressed with their resilience and tactical maturity, adding to the university’s rich medal haul.

      In another closely contested final bout, Manish from KUK Haryana defeated Nikhil from KN Modi University, Rajasthan by a margin of 9-6 points to win gold medal in Greco Roman 55 kg weight category.

      In a nail-biting final bout, Paras from Chandigarh University defeated Ankit from MSBU Rajasthan by 11-8 points to clinch gold medal in 79 kg freestyle category.

      In a final bout in freestyle 57 kg weight category, Rohit from KUK Haryana defeated Chandigarh University wrestler Rupesh by a margin of 4-1 to win the gold medal and Rupesh won the silver medal.

      In a one-sided contest, Kapil Dalal, a grappler from Chandigarh University defeated Sahil from BMU Haryana by 15-7 points to clinch the gold medal in the 60 kg Greco Roman category. In the Greco-Roman category (82 kg) final bout, Chandigarh University’s Umesh put up a spectacular display of strength and agility to defeat Vijay from GUG University by 12-2 points.

      In a nail-biting final bout, Prince from Chandigarh University defeated Ankit of Chaudhary Ranbir Singh University, Jind by 5-4 points to win gold in 87 kg Greco Roman category. In another final bout, Saurabh from Chandigarh University put on a spectacular show of strength and agility to defeat his opponent Sunil of Desh Bhagat University Punjab by 9-4 points to win gold medal in the 67 kg Greco Roman category.

      Earlier, several power-packed performances were witnessed in the semi-finals on the final day of the championship. In a semi-final bout, Rupesh from Chandigarh University defeated Akash from PU, Patiala by a margin of 6-5 points in 57 kg freestyle category and Rohit from KUK Haryana defeated Jaiveer from Mahatma Gandhi Kashi Vidyapeeth Varanasi by 8-2 points to secure place in the finals in the same category.

      In the semi-final bout, Manish from Kurukshetra University, Haryana defeated Nitin from LPU, Punjab by a margin of 9-3 points in the Greco-Roman 55 kg weight category. In another semi-final, Vikash from PU, Patiala defeated Omkar from SU, Kolhapur by a margin of 7-0 in a one-sided contest in 72 kg Greco-Roman category.

      In another one-sided contest, Mohit from Guru Kashi University Punjab defeated Suraj from KUK, Haryana by a huge margin of 9-0 in Greco-Roman 72 kg weight category. In semi-final bout, Dheeraj from Baba Mastnath University, Rohtak, delivered a remarkable performance, dominating Vinay Gurjar of Chaudhary Devi Lal University, Sirsa, winning the match with a decisive 11-0 margin. In the second semi-final, Sachin from Lovely Professional University, Punjab put on a spectacular show of strength and agility to defeat Atul Lohan of Sant Baba Bhag Singh University, Jalandhar by a thin margin of 9-8 points to advance to the final.

      Elated over the marvelous victory of Chandigarh University, while congratulating the CU grapplers, Deepinder Singh Sandhu, Senior Managing Director, Chandigarh University said, “It indeed is a proud moment for Chandigarh University that our wrestlers have delivered spectacular performances in the All-India Inter-University Wrestling Championship to become the overall champion by winning 11 Gold medals. With this brilliant performance, CU not only successfully hosted one of the largest inter-university wrestling championships in the country but also reinforced its reputation as a breeding ground for national-level sporting talent.” Sandhu added, “Wrestling is not merely a sport but its pride of our nation and an integral part of India’s rich cultural heritage. Chandigarh University remains committed to encouraging young athletes to participate in traditional sports as staying connected to our roots is essential for the nation’s progress and development. The university provides world-class infrastructure and scholarships to its athletes to help them progress from the akhara to the Olympic stage.” “In 2024, Chandigarh University became the country’s first private university to win the prestigious Maulana Abul Kalam Azad (MAKA) Trophy after securing a record 71 medals at the Khelo India University Games. In addition, the university won the Khelo India University Games for two consecutive years in 2024 and 2025. Chandigarh University students have won a total of 610 medals, including 138 national and 87 international medals. CU provides sports scholarships with an annual budget of Rs 6.5 crore and offers free facilities such as special diets, sports kits, travel, coaching, hostel accommodation, and other amenities. A total of 1,183 student-athletes, including 562 women, are currently benefiting from sports scholarships at Chandigarh University,” added Sandhu.

      About Chandigarh University Chandigarh University is a NAAC A+ Grade University and QS World Ranked University. This autonomous educational institution is approved by UGC and is located near Chandigarh in the state of Punjab. It is the youngest university in India and the only private university in Punjab to be honoured with A+ Grade by NAAC (National Assessment and Accreditation Council). CU offers more than 109 UG and PG programs in the field of engineering, management, pharmacy, law, architecture, journalism, animation, hotel management, commerce, and others. It has been awarded as The University with Best Placements by WCRC.

      Website address: www.cuchd.in.

      (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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