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    US' temporary 10 pc tariff set to expire on Friday unless extended or new duties announced
    PNB to establish Quantum Finance Innovation Hub in Amaravati
    Infosys veteran Ashiss Kumar Dash to succeed Salil Parekh as new CEO in 2027
    Gold falls Rs 400 per 10 grams amid surging oil prices
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    Govt allows FDI in inventory-based model of e-commerce only for export purposes
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    July 23, 2026
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    Temporary Section 122 surcharge expiry may restore MFN treatment for Indian exports, while Section 301 tariff uncertainty continues.
    The US temporary Section 122 import surcharge on Indian goods is scheduled to expire unless extended or replaced, restoring affected imports to normal US MFN tariff treatment. Liability depends on entry for consumption or warehouse withdrawal. Section 232 national-security tariffs remain unchanged. Indian exports may still face fresh measures under Section 301 investigations into forced labour and excess manufacturing capacity, alongside potential country-specific or sectoral tariffs. The expiry may improve export competitiveness and market access, particularly for labour-intensive and MSME-driven sectors.
    July 23, 2026
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    Quantum finance innovation will advance secure digital banking through cybersecurity, fraud detection, collaborative research, workforce development and digital literacy.
    A Quantum Finance Innovation Hub is proposed to apply quantum technologies to banking through stronger cybersecurity, proactive financial-fraud detection and secure digital financial ecosystems. The initiative will bring together industry, academia, startups, research organisations and government agencies to promote innovation in quantum computing, artificial intelligence and related technologies. It also focuses on workforce development, digital literacy, public confidence in digital financial services, and technology-enabled responses to cybercrime and digital-arrest scams.
    July 23, 2026
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    Chief executive succession plan appoints a CEO designate, subject to shareholder approval, for an AI-led corporate leadership transition.
    Corporate leadership succession at Infosys is proposed through the appointment of Ashiss Kumar Dash as Managing Director and Chief Executive Officer designate from 1 April 2027. The five-year appointment is subject to shareholder approval and follows a recommendation of the Board's Nomination and Remuneration Committee. The incumbent will remain in office until the transition date and support an orderly transfer of responsibilities. The succession plan identifies the CEO designate's business, technology-delivery, client and global operations experience as relevant to AI-led transformation.
    July 23, 2026
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    Bullion market pressure intensified as rising oil prices, inflation concerns and restrictive monetary policy expectations weakened gold and silver sentiment.
    Gold and silver prices declined amid weaker global bullion trends, profit-booking, and higher crude oil prices linked to Middle East tensions. Market commentary associated the decline with inflation concerns and expectations that major central banks may sustain restrictive monetary policy for longer. Gold was described as facing near-term pressure from higher interest-rate expectations, inflation risks, and geopolitical uncertainty.
    July 23, 2026
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    Quantum finance innovation will develop secure, AI-enabled banking solutions through collaborative research, startup incubation, cybersecurity enhancement and workforce development.
    Quantum finance innovation is to be advanced through a memorandum of understanding for establishing the PNB Quantum Finance Hub at Amaravati Quantum Valley. The hub will develop, test and support adoption of secure, intelligent and future-ready banking solutions using Quantum Computing and Artificial Intelligence. It will bring together industry, academia, startups and government agencies for research, innovation, incubation and acceleration of financial technologies, focusing on cybersecurity, fraud detection, operational efficiency, risk management and customer experience.
    July 23, 2026
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    Foreign investment in inventory-based e-commerce is allowed only for exports of Indian-made goods, while domestic retail remains prohibited.
    Foreign direct investment in inventory-based e-commerce is permitted exclusively for exports of goods or products manufactured or produced in India. Restrictions on business-to-consumer and inventory-based e-commerce do not apply to these exports, subject to the Foreign Trade Policy 2023 and export regulations. Foreign direct investment in inventory-based e-commerce retailing for domestic sales remains prohibited, with the revised position taking effect upon the relevant foreign exchange notification.
    July 23, 2026
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    Joint Home Loan Eligibility and Shared Repayment Liability Shape Borrowing Capacity, Tax Claims, Documentation, and Exit Planning.
    Joint home loans allow eligible applicants to combine income for a single housing loan, while making every co-applicant fully responsible for repayment. Eligibility depends on each applicant's income, financial obligations, credit history, age, repayment capacity and property criteria. Applicants should agree on EMI sharing, ownership proportions and exit arrangements before applying, as removal of a co-applicant requires lender approval and reassessment. Co-owner borrowers may claim applicable interest and principal repayment deductions subject to ownership, contribution and income-tax requirements. Each applicant must provide separate identity, income and banking documentation.
    July 23, 2026
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    Export competitiveness increasingly depends on regulatory compliance, preferential trade access and diversification into smartphones, medicines, petroleum products and semiconductors.
    India's export potential to 2031 is centred on smartphones, polished diamonds, petroleum products and medicines, with the United States, Hong Kong, Japan, China, Singapore and the United Arab Emirates as important markets. New product opportunities include iron ore concentrates, gasoline vehicles and light petroleum oils. Although selected destinations offer duty-free or preferential access, market entry in mature markets increasingly depends on compliance with non-tariff measures, including registration, quality certification, safety documentation and product standards. Semiconductor-related manufacturing is identified as a long-term opportunity supported by expanding electronics capacity, supply-chain diversification and domestic incentives.
    July 23, 2026
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    Foreign investment in inventory-based e-commerce is permitted exclusively for exports of Indian-manufactured or produced goods under export compliance rules.
    Foreign direct investment in inventory-based e-commerce is permitted exclusively for exports of goods or products manufactured or produced in India. Foreign direct investment remains permitted in business-to-business e-commerce and the marketplace model, while business-to-consumer and inventory-based direct sales to consumers remain prohibited except for the specified export activity. Export-oriented inventory-based operations must comply with the applicable Foreign Trade Policy and foreign exchange regulations governing exports.
    July 23, 2026
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    Women's leadership in credit expands through a Chennai community platform supporting mentorship, inclusive lending practices, and financial ecosystem collaboration.
    The Chennai chapter of the 'Credit Goes to HER' initiative provides a platform for women professionals in banking, NBFCs, fintech, housing finance, academia and policy to share knowledge, obtain mentorship and collaborate on inclusive credit practices. It seeks to strengthen women's leadership and participation in the credit ecosystem while supporting responsible lending, financial inclusion, transparency and data-driven decision-making.
    July 23, 2026
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    Digital personal-loan campaign combines online collateral-free borrowing, eligibility-based assessment, flexible repayment options and conditional lifestyle rewards for successful disbursals.
    Digital personal-loan campaign permits eligible customers to apply online for collateral-free borrowing and receive specified lifestyle rewards upon successful disbursal, subject to campaign terms. Applicants may check an offer, provide personal, financial and employment information, review loan terms, complete know-your-customer and bank-account verification, and undergo assessment. Interest rates, loan amounts and repayment tenures depend on eligibility, credit profile, income and internal assessment. An EMI calculator supports comparison of repayment options and estimation of monthly instalments before application.
    July 23, 2026
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    Foreign-exchange market pressure weakened the rupee as elevated crude prices and risk sentiment drove trading conditions.
    Foreign-exchange market movement saw the rupee depreciate against the US dollar amid elevated crude oil prices linked to heightened West Asia hostilities. Weak domestic equity markets and foreign investor equity outflows contributed to negative sentiment. Market commentary indicated that prospective Reserve Bank of India intervention supported the rupee and could limit sharper depreciation, while shipping-security concerns contributed to elevated oil prices.
    July 23, 2026
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    Homebuyer refund claims in developer insolvency proceed through pro-rata distribution of funds deposited for eligible buyers.
    Homebuyer refund claims connected with demolished residential towers are being considered within the developer's insolvency proceedings. Buyers who have not opted for alternative allotment seek repayment. Eligible refunds are contemplated on a pro-rata basis from funds deposited by the Interim Resolution Professional, subject to the claims process and the availability of deposited funds.
    July 23, 2026
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    Free trade agreement tariff reductions create investment opportunities for Asia-Pacific manufacturers seeking UK and European market access.
    The UK-India Free Trade Agreement is presented as reducing tariffs on advanced machinery and manufacturing-related goods and creating trade and investment opportunities for Asia-Pacific manufacturers seeking UK and European market access. Manchester is promoted as an investment location through its advanced manufacturing cluster, skilled workforce, innovation infrastructure, international links, and available manufacturing and research space. Invest Manchester provides investor support and undertakes international engagement to develop trade, investment and innovation partnerships.
    July 23, 2026
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    Practical legal training and structured internships strengthen judicial examination preparation, professional skills, and career exposure for law students.
    Legal education employability initiatives combine curriculum alignment for judicial and competitive examinations with mentoring, legal drafting practice, research training, and professional interaction. Internships provide practical exposure to courts, judicial institutions, government bodies, law firms, advocates' chambers, corporate legal departments, and non-governmental organisations. Students in integrated and three-year law programmes complete prescribed minimum internship periods, with summer and winter placements commencing after the first year. Specialisation-based internships cover civil, criminal, corporate, cyber, intellectual property, arbitration, taxation, and government or non-governmental legal work.
    July 23, 2026
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    Student fashion showcase celebrates identity, personal storytelling, craft preservation and conscious creation through nine contemporary design collections.
    Student fashion showcase 'Astitva' presented nine contemporary collections exploring identity, belonging, transformation, memory, resilience, grief and cultural heritage through personal design narratives. The collections included a contemporary reinterpretation of Bhujodi weaving, Ajrakh block printing and Kumaoni hand-knitting, emphasising preservation of Indian craft traditions. Recognition included a designer award for the craft-revival collection and a sustainability award for a collection focused on craftsmanship, conscious creation, heirloom design and mindful luxury.
    July 23, 2026
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    Rupee exchange-rate movements face pressure from elevated crude prices and equity outflows, moderated by possible central-bank intervention.
    Rupee exchange-rate movement in early foreign-exchange trading reflected a modest appreciation against the US dollar after depreciation in the preceding session. Possible dollar sales by state-owned banks, widely viewed as central-bank intervention, and a weaker US dollar supported the currency. Elevated crude-oil prices, foreign institutional equity outflows, and negative domestic equity-market sentiment continued to create downside pressure, although expected central-bank support was considered likely to limit losses.
    July 23, 2026
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    Official statistics dissemination uses digital validation, release calendars, anonymised microdata and accessible platforms to strengthen timeliness and transparency.
    Official statistics collection and dissemination are supported through digital survey platforms with built-in validation, real-time monitoring and supervisory quality controls. Consumer Price Index, National Accounts Statistics and Index of Industrial Production data are collected, compiled or validated through specified quality and timeliness mechanisms. An Advance Release Calendar supports accountable publication, while anonymised survey microdata, stakeholder engagement and digital portals improve transparency, accessibility and use of official statistics.
    July 23, 2026
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    Official statistical modernization strengthens macroeconomic measurement through revised bases, digital surveys, validated data collection and district-level estimates.
    Official statistical methodology and National Sample Surveys are periodically reviewed to reflect changing economic conditions, emerging data needs and international standards. Base revisions for key macroeconomic indicators incorporate updated data, expanded coverage, revised weights, administrative sources and improved estimation of the unincorporated sector. Survey methods are updated through expert consultation, pilot studies and field testing. Digital collection platforms, validation checks, real-time monitoring, AI-enabled tools and multilingual interfaces support improved data quality, quicker releases, high-frequency surveys and district-level estimates.
    July 23, 2026
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    Energy statistics reporting expands with internationally aligned consumption data, energy-sector credit flows, and improved coal and electricity coverage.
    Energy Statistics India 2026 reports Total Primary Energy Supply and renewable energy potential, supporting energy policy and infrastructure planning. Its 33rd edition adds data on credit flow to the energy sector, the international energy scenario, and international marine and aviation bunker use. It aligns end-use consuming sectors for energy commodities with international standards and addresses data gaps in industry-wise coal and electricity consumption.

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      Stitching Awareness into Lives: Sanjeevani Launches 'The Pink Tag Project', Turning Everyday Moments into Life-Saving Reminders

      January 20, 2026

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      A groundbreaking behavioral change initiative that empowers women through an intimate, everyday reminder stitched inside their garments Mumbai, Maharashtra, India – Business Wire India The third edition of Sanjeevani: United Against Cancer – a transformative initiative by Federal Bank Hormis Memorial Foundation, News18 Network, and knowledge partner Tata Trusts, launches The Pink Tag Project, a pioneering behavioral change campaign that meets women in their most personal, intimate moments to remind them that self-care is not a luxury - it is survival.

      A Wake Up Call In India, every four minutes, a woman is diagnosed with breast cancer. Every eight minutes, a woman loses her life to the disease. In small towns and villages where awareness remains low, and stigma run high, conversations around breast health are almost non-existent. Women rarely find time for themselves - caught between household chores, earning livelihoods, and caring for families. Until a crisis forces their hand, their personal health remains invisible, postponed, forgotten.

      A Tag that Tugs The Pink Tag Project is born from a single insight: the most intimate moment in a woman's day - when she gets dressed - can become the most powerful reminder to check her own health.

      The solution is elegantly simple. A small, pink-colored tag with clear instructions for self-breast examination is stitched inside every blouse, kurta, or innerwear - right next to the wash-care tag. Placed exactly where women are alone, focused entirely on themselves, the Pink Tag becomes an unavoidable, intimate reminder. Not a campaign that demands their time or attention, nor a seminar they need to attend. Just a whisper, stitched into the fabric of their daily lives.

      Stitching Awareness, One Garment at a Time The Pink Tag Project is documented in a powerful short film that captures the journey from insight to action. Voiced by acclaimed actor Sheeba Chaddha, the film opens with the harsh reality - every four minutes, a woman in India is diagnosed with breast cancer, yet the silence in small towns is deafening. It shows women doing what they do every day: drawing water, sweeping courtyards, preparing meals, getting dressed.

      An unintrusive reminder Then comes the revelation. In that intimate moment - fastening blouse hooks, adjusting saree pleats, slipping into a kurta - the Pink Tag appears. A quiet, persistent reminder. Women notice. They read. They ask questions. Local volunteers, trained and trusted, explain. Families talk. Daughters show it to their mothers. Granddaughters remind grandmothers. What began as a curiosity becomes a conversation becomes a movement.

      Talking about the initiative, M V S Murthy, Chief Marketing Officer of Federal Bank, said, "At Federal Bank Hormis Memorial Foundation, we believe that real change doesn't come from heightened campaigns. It comes from interventions that whisper, consistently, intimately, and with empathy. The Pink Tag Project is a testament to the power of behavioral design. By partnering with local tailors and volunteers, we've turned a simple garment into a life-saving tool. This is not charity - this is empowerment. This is about meeting women where they are, in their daily lives, and giving them the agency to protect themselves. When self-care becomes routine, survival becomes possible. The Pink Tag Project, underlines the consistency of our approach to communities. Always for a reason, consistent and long term. " “At Network18, reach matters, but participation matters more. Our cause work is rooted in real human insight—understanding how people live, what they notice, and what stays with them. The Pink Tag Project, as part of our Sanjeevani initiative, turns a small design gesture into a sustained reminder for early breast cancer detection. It is not disruptive; it is lived. And when communities engage with a message every day, change doesn’t demand attention—it becomes habit,” said Sidharth Saini, COO of News18 Studios.

      "Working on the Sanjeevani initiative allowed us to do a deep dive into the behavioral aspects of people, particularly from the cancer screening perspective. Nobody has time to go for a screening, let alone women who barely manage time for their own wellbeing. That is when we discovered a moment when they would be alone and focused on themselves: when they’re dressing up. It’s an everyday moment. We knew that all we got to do is embed our life-saving messaging right there, for them to acknowledge self-care and to also do a quick self-check. The Pink Tag Project isn't just a campaign; it's a behavioral change effort presented as a simple garment tag. The initial response has been overwhelming - not because it's flashy, but because it's real, it's relevant, and it's woven into their lives, literally," said Surojit Sen, Co-founder and CEO, Huddlers Innovation Private Limited.

      The Behavioral Shift The Pink Tag Project triggers three critical behavioral changes: First, it normalizes the conversation. When a woman sees the tag, she's forced to confront what she's been avoiding - the reality that breast health is her responsibility. Local volunteers - women from the same neighborhoods, speaking the same language, understanding the same fears - make these conversations safe, credible, and deeply human. The tag becomes a conversation starter, not a cause for alarm.

      Second, it embeds early detection into routine. Every time a woman gets dressed, she is reminded. Not just once. Every day. This consistency transforms awareness into habit. The tag isn't something to remember - it's impossible to forget when it's stitched into the clothes she wears.

      Third, it empowers through agency. The Pink Tag doesn't tell women to go to a hospital or wait for symptoms. It gives them the tools, the knowledge, and the moment to act for themselves. Breast self-examination requires no equipment, no appointments, no financial burden - only awareness and action. The Pink Tag provides both, at the exact moment when a woman is most likely to listen: when she's alone with herself.

      The beauty lies in its simplicity: a behavioral change campaign that respects women's time, honors their realities, and meets them where they actually are - not in clinics or seminars, but in the private moments that shape their days. The film is available across Sanjeevani's digital ecosystem, News18 Network's broadcast channels, and select streaming platforms. The team behind The Pink Tag Project film: VO: Sheeba Chaddha Director: Rukshana Tabasum DOP: Hardik Contractor Producer: Bhupender Agarwal Production House: Folklore About Federal Bank Federal Bank (NSE: FEDERALBNK) is a leading Indian private sector bank with a network of around 1591 banking outlets and 2093 ATMs/Recyclers spread across the country, and the Bank’s total business mix (deposits + advances) stood at ₹ 5.29 Lakh Crore as on 30th June 2025. Capital Adequacy Ratio (CRAR) of the Bank, computed as per Basel III guidelines, stood at 16.03 % as on 30th June 2025. Federal Bank has Representative Offices in Dubai and Abu Dhabi that serve as a nerve centre for Non-Resident Indian customers in the UAE. The Bank also has an IFSC Banking Unit (IBU) in Gujarat International Finance TecCity (GIFT City). Federal Bank is transforming itself, keeping its principles intact, into an organisation that offers services beyond par. It has a well-defined vision for the future as a guidepost to its progress.

      To Watch The Video, Click On The Link Below: Pink Tag Project - A Breast Cancer Awareness Initiative by Sanjeevani (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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