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    PROVISIONAL ESTIMATES OF WHOLESALE PRICE INDEX, OUTPUT PRODUCER PRICE INDEX, AND TRIAL INPUT PRODUCER PRICE INDEX FOR THE MONTH OF JULY 2026, AND FINA...
    Logistics Data Bank Tracks 10 Crore EXIM Containers, Provides Visibility across Logistics Chain
    APEDA and Government of Tripura Organise International Organic Buyer-Seller Meet to Expand Global Market Linkages
    WPI inflation eases to 9.78 pc in July on softening in fuel prices
    IDFC FIRST Bank secures its first international rating with Investment Grade from S&P Global Ratings
    DRI busts illegal drug manufacturing facility in Jewar, UP; 30 kg drugs seized and two persons arrested
    UCO Bank launches IFSC Banking Unit at GIFT City
    Banking sector has key role to play as India on way to become 3rd largest economy: Gujarat CM
    India's exports to US rise 12.85 pc in Jul; shipments to China jump 64.57 pc: Govt data
    50 tonnes of copper without e-way bills seized by Delhi GST, Railways joint team
    India's exports surge 19.6 pc in Jul; trade deficit widens to six-month high
    CBI ARRESTS CGST SUPERINTENDENT IN BRIBERY CASE
    The cumulative exports (merchandise & services) during April-July 2026-27 is estimated at US$ 316.42 Billion, as compared to US$ 279.63 Billion in Apr...
    Unlimit Mobile Ties Up with ICICI Bank Canada, RBC Royal Bank to Add Mobile Connectivity Benefits to Student GIC Journey
    Standard Chartered Accelerates India's GCC Growth with its Global Banking Expertise and 25 Years of GCC Experience
    IFSCA Grants Nexent Capital GIFT City Investment Banking License
    India's exports rise 19.63 pc to USD 44.24 bn in Jul; trade deficit widens to $31.98 bn
    Vizhinjam port to commence EXIM operations from Aug 18: Kerala CM Satheesan
    Ratul Puri: Beyond Low-Cost Power to Clean Energy Reliability
    PMS Bazaar Collaborates with NSDL Database Management Limited (NDML Accreditation Agency) to Expand Access to SEBI Accredited Investor Certification
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    August 14, 2026
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    Wholesale price inflation moderation was driven by softer fuel prices, while manufactured goods and primary articles recorded higher inflation.
    Wholesale price inflation moderated in July, led by a decline in fuel and power inflation and a marginal easing in food-article inflation. Inflation in manufactured products and primary articles increased, making the moderation uneven across groups. Mineral oils, food articles, basic metals, non-food articles, food products, and chemical products remained significant inflation drivers. The output Producer Price Index remained unchanged year-on-year, with lower manufacturing and mining inflation offset by higher agriculture and electricity producer-price inflation.
    August 14, 2026
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    International investment-grade issuer ratings support expanded foreign-currency funding, trade finance, correspondent banking and cross-border financial market access.
    IDFC FIRST Bank's inaugural international investment-grade issuer credit ratings, with a stable outlook, are expected to improve access to international funding markets and global financial counterparties. The rating is intended to support standby letter of credit lines, foreign-currency funding through its GIFT City International Banking Unit, mobilisation of FCNR(B) deposits, correspondent banking relationships and cross-border trade finance. Strong capitalisation, improving profitability, stable asset quality and a granular retail funding profile underpin the outlook.
    August 14, 2026
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    Clandestine psychotropic drug manufacturing faces enforcement targeting precursor chemicals, concealed laboratories, illicit production networks and trafficking operations.
    Enforcement action against clandestine manufacture of psychotropic substances led to the detection of a residential drug-production facility. Searches recovered amphetamine and intermediary forms, precursor chemicals, reagents, raw materials, and manufacturing equipment. Field testing indicated the presence of amphetamine, a psychotropic substance regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985. The recovered apparatus and materials indicated illicit manufacture, while preliminary investigation pointed to short-term, intermittently operated facilities intended to conceal production activities.
    August 13, 2026
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    International banking unit expands cross-border financing, trade finance and foreign-currency service access through GIFT City operations.
    UCO Bank has launched an International Financial Services Centre Banking Unit at GIFT City to provide permitted international banking services. The unit offers trade finance, external commercial borrowings, foreign-currency loans, loan syndication, treasury services and other permitted financial services. It serves Indian corporates, exporters, importers, financial institutions, overseas businesses and other eligible customers requiring cross-border financing and access to global financial markets. FCNR(B) deposits are also offered through the unit.
    August 13, 2026
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    Last-mile credit access is prioritised through timely lending, wider beneficiary coverage, digital support and stronger fraud vigilance.
    Banking-sector participation is emphasised through last-mile credit access for MSMEs, women entrepreneurs, rural artisans, small farmers and other underserved beneficiaries. Banks are urged to expedite government-scheme applications, maximise coverage and use technology for timely financial support. Industrial-policy assistance and incentives cover startups, SC/ST entrepreneurs, persons with disabilities and first-generation entrepreneurs. Greater coordination, expanded village banking access, and vigilance against cyber fraud and mule accounts are also prioritised.
    August 13, 2026
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    Merchandise trade growth saw rising exports to major markets alongside increased imports and continuing United States trade-pact negotiations.
    India's merchandise trade data records increased July exports to the United States and China, alongside growth in imports from both markets. Exports to Singapore, the United Arab Emirates, the Netherlands, Germany, South Africa, Tanzania, Australia, Malaysia, Sri Lanka, Italy and Vietnam showed positive growth, while July exports declined for the United Kingdom, Bangladesh, Saudi Arabia and Nepal. Imports also increased from Russia, Korea, Singapore, Germany, Oman, Malaysia, Taiwan and Brazil. India and the United States are negotiating a trade pact amid an additional United States tariff on India.
    August 13, 2026
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    GST transport documentation enforcement addresses freight movement of metals without valid e-way bills and invoices under applicable rules.
    GST enforcement action led to the seizure of copper and aluminium ingots transported by freight train without valid e-way bills and invoices. The metals were found in three train wagons during inspection of parcel cargo. Further proceedings are to be undertaken under applicable GST rules concerning movement of goods without prescribed transport documentation.
    August 13, 2026
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    Merchandise trade deficit widens as import growth outpaces exports despite strong petroleum, electronics and engineering shipments.
    Merchandise trade in July 2026 saw exports rise 19.63 per cent and imports increase 17.52 per cent, widening the trade deficit to a six-month high. Petroleum products, electronics, engineering goods and marine goods supported export growth, while crude oil and several commodity and capital-goods categories increased imports. During April-July 2026-27, faster import growth widened the cumulative merchandise trade deficit compared with the corresponding prior-year period.
    August 13, 2026
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    Bribery allegations in GST enforcement prompted arrest after alleged payment demand to avoid a tax-liability notice.
    Bribery allegations involving GST enforcement led to the arrest of a CGST Superintendent after a complaint alleged that payment was demanded from a private company to avoid issuance of a tax-liability demand notice and to close the matter. A trap operation resulted in the public servant being apprehended while allegedly accepting part of the demanded bribe, and the amount accepted was recovered. Searches were undertaken, and investigation remained ongoing.
    August 13, 2026
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    Trade performance shows rising merchandise and services exports, but faster import growth expands the overall trade deficit.
    India's combined merchandise and services exports and imports increased in July 2026 and April-July 2026-27, while the overall trade deficit widened. Cumulative exports were estimated at US$ 316.42 billion and imports at US$ 365.85 billion, resulting in a trade deficit of US$ 49.43 billion. Merchandise exports, non-petroleum exports, and exports excluding petroleum and gems and jewellery grew, led by petroleum products, electronic goods, engineering goods and chemicals. Services trade recorded a cumulative surplus of US$ 69.17 billion.
    August 13, 2026
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    Student GIC referral programmes integrate connectivity credits with funding verification and post-arrival banking arrangements for eligible international students.
    Referral arrangements connect mobile connectivity benefits with the Student Guaranteed Investment Certificate application journey. Applicants may access an online portal through a referral link, submit documents, complete know-your-customer verification, and fund the GIC from permitted Indian bank accounts in no more than two transactions. After arrival, students may activate the GIC account and open a linked bank account for receipt of GIC transfers. Eligible verified applicants receive non-cash mobile credits usable only against mobile bills, subject to a cap on the bill portion payable through credits.
    August 13, 2026
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    Global Capability Centre banking support connects offshore and onshore operations to simplify financial management and enable cross-border expansion.
    Global Capability Centre banking support is positioned around connected offshore and onshore banking, international network access, digital banking platforms, and expertise in treasury centres, cross-border corporates, and evolving GCC operating models. The approach seeks to simplify financial operations and support GCC expansion across global markets. India's GCC ecosystem is characterised as a leading global capability hub, with capability centres evolving into strategic enterprise hubs requiring support for operational and financial complexities across markets.
    August 13, 2026
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    Investment banking registration enables regulated cross-border offerings, listings, debt transactions and capital-market advisory through GIFT City.
    IFSCA registration under the IFSCA (Capital Market Intermediaries) Regulations, 2025 authorises Nexent Capital IFSC Private Limited to operate as an investment banker from GIFT City. Permitted activities include management of initial and follow-on public offerings, SPAC and secondary listings, depository receipt issuances, debt capital-market transactions, and other capital-market advisory mandates. The firm proposes to provide transaction structuring, listing-readiness, execution and post-listing capital-markets support for companies seeking capital raising and listing opportunities through GIFT City's exchanges.
    August 13, 2026
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    Merchandise export growth was driven by petroleum, electronics, engineering and marine goods, while rising imports widened the trade deficit.
    India's merchandise exports increased in July, while imports also rose and widened the trade deficit. Export growth was attributed to higher overseas shipments of petroleum products, electronics, engineering goods and marine goods. Exports and imports both recorded growth during the April-July fiscal period, and exports to West Asian countries increased in July.
    August 13, 2026
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    EXIM operations at international seaport to commence after customs clearance, bonded-area establishment, and temporary highway connectivity.
    Vizhinjam International Seaport is scheduled to commence EXIM operations after Customs clearance, issuance of Customs notifications, establishment of a Customs-bonded area, and temporary connectivity to NH-66. The port had previously handled transshipment operations. A proposed transfer of a stake in the port concessionaire to a foreign shipping company remains under committee examination and requires Central Government consideration of strategic and security aspects.
    August 13, 2026
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    Renewable energy reliability requires storage, grid readiness and ancillary service markets alongside competitive clean-power procurement.
    Renewable energy procurement is shifting beyond lowest tariffs towards dependable, dispatchable and affordable clean power, assessed through capacity value, balancing capability and system economics. Storage-backed renewable and hybrid projects can improve renewable utilisation, reduce variability and curtailment, and support peak demand. Higher renewable penetration also requires supportive storage policies, timely approvals, aligned intrastate transmission planning, stronger distribution infrastructure, and market mechanisms for ramping reserves, frequency response and fast-response balancing services.
    August 13, 2026
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    Accredited Investor certification facilitates eligible investors' access to alternative investment products, lower thresholds and applicable regulatory flexibilities.
    SEBI's Accredited Investor framework enables eligible investors and entities to obtain certification that may allow lower minimum investment thresholds for Portfolio Management Services, Alternative Investment Funds and other alternative investment products, along with applicable regulatory flexibilities. PMS Bazaar and NSDL Database Management Limited's Accreditation Agency facilitate end-to-end applications, subject to required documentation and prescribed payment. Assistance is available to individual investors and eligible clients of investment providers without additional platform, service or processing charges, while prescribed certification fees remain payable.

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      Jyot India Foundation, with MEA Support, Announces Vasudhaiva Kutumbakam Conclave 4.0 in Mumbai to Shape a Fair World Order

      January 15, 2026

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      Mumbai, 15th December 2026 — Jyot India Foundation, with support of the Ministry of External Affairs, Government of India, today announced VasudhaivaKutumbakam Conclave 4.0, to be held from 16–22 January 2026 at August Kranti Maidan, Mumbai. Set against the backdrop of Sankraman Kaal—a pivotal period marked by global uncertainty, erosion of trust, and deep systemic transition—the conclave will present India’s grounded, actionable response to contemporary challenges by drawing upon 12 proven and timeless principles to shape emerging world order as free, fair and just. Held under the revered guidance of H. H. Spiritual Sovereign Jainacharya Yugbhushansuriji Maharaj, the fourth edition scales up the conclave’s ambition with high-impact dialogues, a research-driven 25,000 sq. ft. exhibition, and cross-sector participation from jurists, diplomats, policy-makers, scholars, youth, and cultural practitioners. With ‘Rule of Justice’ at its core, the initiative pays tribute to 75 years of Indian Constitution through the enduring lens of millennia-old Indian wisdom—beginning from the family and extending to society, the nation, and the world.

      Over previous editions, the VasudhaivaKutumbakam mission has earned international recognition, engagement with embassies of 23 nations across the Global South and West Asia; an invitation by the Armenian Ministry of Foreign Affairs to the inaugural Yerevan Dialogue 2024; and presenting the outcome by Ambassador Ruchira Kamboj to UN General Assembly President Dennis Francis.” A world in transition needs a compass rooted in timeless values and oriented to practical outcomes. VasudhaivaKutumbakam Conclave 4.0 is designed as that bridge—between civilisational wisdom and contemporary action,” “We aim to catalyse free, fair, just, and stable systems—locally and globally.” Vasudhaiva Kutumbakam ki Oar 4.0: The Three Engines Driving Vision into Impact At the heart of the conclave lies an innovative three-engine strategy designed to convert transformative ideas into tangible results, ensuring Indic insights become impactful policies embraced by leaders and communities alike—locally, nationally, and globally.

      Engine 1: Policy Makers & Bureaucrats The support from MEA for this addition is a big push for this engine and is a dawn of NGO & Government Partnership in shaping new fair world order.The architects of public policy and governance, their decisions drive systemic reform at national and international levels—holding the keys to institutional transformation. Through high-impact panel discussions and strategic debates, this engine fuels dialogue, shapes decisions, and accelerates policy innovation.

      Engine 2: Youth & Students The early engagement of emerging voices and future leaders ignites out-of-the-box thinking and ensures tomorrow's decision-makers are equipped with the right perspectives. The dedicated Student Engagement Zone offers interactive sessions, workshops, and immersive learning experiences designed to inspire action and critical thinking.

      Engine 3: Society at Large Every member of our communities, public awareness and acceptance fuel the momentum needed for policy reforms to take root and thrive. Societal buy-in transforms ideas into movements. Immersive exhibitions and engaging public programs create platforms for dialogue, understanding, and collective thought building.

      Why These Three Engines Drive Success: Together, these engines generate: • Policy Momentum – Top-down alignment that accelerates reform • Future Continuity – Empowering the next generation of changemakers • Public Energy – Bottom-up support that sustains transformation VasudhaivaKutumbakam ki Oar 4.0 isn't just an event—it's a powerhouse for change, firing up all three engines simultaneously to ensure lasting impact.

      Key Highlights (16–22 January 2026) • 10 Thematic sessions across law, governance, geopolitics, economics, society, and ethics • Multiple closed-door roundtables with jurists, diplomats, policy-makers, scholars, and thought leaders • Research-based exhibition (25,000 sq. ft.) presenting the 12 transformative principles of VasudhaivaKutumbakam—traversing family, community, national, and global systems • Legal Exhibition commemorating 75 years of the Constitution through the lens of timeless Indian wisdom.

      • Student Engagement Zones: Moot Court, Model United Nations (MUN), Street Play, and Nalandavaad • Daily joint podcasts with jurists, scholars, practitioners, and youth on education, environment, media, governance, and entrepreneurship • Rich visual and broadcast opportunities: guided exhibition walkthroughs, keynote moments, and expert bytes Dignitaries (Confirmed/Expected; subject to schedules) • Hon’ble Shri Piyush Goyal, Union Minister of Commerce and Industry • Hon’ble Shri Devendra Fadnavis, Chief Minister of Maharashtra • Hon’ble Shri Chandrakant Patil, Minister of Higher and Technical Education, Maharashtra • Hon’ble Shri Adv. Ashish Shelar, Minister of Cultural Affairs, Maharashtra • Hon’ble Shri Mangal Prabhat Lodha, Minister of Skill Development and Entrepreneurship, Maharashtra • Shri B. R. Gavai, Former Chief Justice of India • Shri B. N. Srikrishna, Former Judge, Supreme Court of India • Shri Tushar Mehta, Solicitor General of India • Shri R. Venkataramani, Attorney General for India • Hon’ble Mr. Justice Shree Chandrashekhar, Chief Justice, Bombay High Court • Prof. Sachin Chaturvedi, Vice Chancellor, Nalanda University, and Central Board Director, RBI • Amb. Ruchira Kamboj, Former Permanent Representative of India to the United Nations • Dr. Vijay Chauthaiwale, In-charge, Foreign Affairs Department, BJP • Shri Shaurya Doval, Founding Director, India Foundation • Dr. Arvind Gupta, Director, Vivekananda International Foundation • Along with several other eminent national and international voices Partners: The Conclave organized by Jyot is also supported by various partners in different capacities Support Partner 1. Ministry of External Affairs (MEA) Research Partner 1. Gitarth Ganga (GG) Knowledge Partners 1. Vivekananda International Foundation (VIF) 2. India Foundation (IF) Law Partners 1. Bar Council of Maharashtra and Goa (BCMG) 2. Bombay Bar Association (BBA) Vidya Partner 1. Nalanda University Education Partners 1. Maharashtra National Law University (MNLU) 2. SVKM's Jitendra Chauhan College of Law (JCCL) 3. Dharmashastra National Law University (DNLU) 4. Government Law College (GLC) 5. Gokhale Institute of Research and Economics 6. Ajeenkya D Y Patil University 7. Sir JJ School of Art 8. Surana College 9. Mumbai University (MU) 10. Jain University 11. Institute of Law Nirma University Other Support Partners 1. BMK Foundation 2. Geostrata 3. National Institute of Mass Communication and Journalism (NiMCJ) 4. Heritage Foundation 5. Bombay Chartered Accountants' Society (BCAS) 6. Pravarsh Group of Companies The organisers stated that the conclave aims to amplify India’s civilisational response to the present Sankraman Kaal, offering a 12-principle blueprint rooted in VasudhaivaKutumbakam, and inviting wider public, institutional, and global engagement with contemporary legal, political, and civilisational challenges through the enduring lens of justice.

      Event At-a-Glance • Event: VasudhaivaKutumbakam Conclave 4.0 • Theme: Sankraman Kaal • Initiative Focus: Commemorating 75 years with millennia-old wisdom • Dates: 16–22 January 2026 • Venue: August Kranti Maidan, Mumbai • Convenor: Jyot India Foundation (in association with the Ministry of External Affairs, Government of India) • Guidance: H. H. Spiritual Sovereign Jainacharya Yugbhushansuriji Maharaj (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

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