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    Paul Merchants Finance Launches Loan Against Silver, Becomes India’s First NBFC to Set Up Exclusive Silver Loan Branches
    CarePass Launches This Independence Day, Bringing Healthcare Savings Across India's Top and Premium Hospitals
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    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.
    August 18, 2026
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    Export-import operations advance through operational preparedness review and planned port-led industrial and logistics development initiatives.
    Operational preparedness for full land-based export-import operations at Vizhinjam Seaport was reviewed, including the Vehicle Traffic Management System. EXIM cargo operations follow a trial shipment of the port's first export container to Valencia. Mission Samudra is proposed to support port-led industrial and logistics development alongside these operations. The deep-water port was developed through a public-private partnership model and had obtained commercial commissioning certification before its dedication to the nation.
    August 18, 2026
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    Industrial corridor development prioritises empowered SPVs, integrated infrastructure and investor-ready parks to accelerate manufacturing investment and operations.
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    August 17, 2026
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    RERA compliance exemption for stalled housing projects raises whether statutory obligations may be waived to enable phased project completion.
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    Deposit mobilisation and youth banking guide strategies for stronger public financial institutions, investment financing and Global Capability Centre opportunities.
    PSB Confluence 2026 considers strategic priorities for Public Sector Banks and Public Financial Institutions across deposit mobilisation, banking for youth, investment-cycle financing and Global Capability Centres. Discussions seek practical, scalable strategies to strengthen customer engagement, youth-responsive banking propositions, institutional financing capabilities and participation in the expanding Global Capability Centre ecosystem. Youth engagement may use the MY Bharat platform to strengthen links with the formal financial system and awareness of education finance, entrepreneurship, internships and financial-sector careers. Further themes include value-chain infrastructure, priority sector lending and credit card business reform.
    August 17, 2026
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    Banking-sector reform will guide lender capacity, financial stability, inclusion, consumer protection, deposit growth and responsible credit-card expansion.
    Banking-sector reform is proposed through a high-level committee on Banking for Viksit Bharat to review the sector and align it with growth needs while safeguarding financial stability, financial inclusion and consumer protection. Key themes include deposit mobilisation, youth banking, investment support, global capability centres, value-chain infrastructure, credit cards and priority-sector lending. Public-sector banks are expected to improve competitiveness through technology, sectoral expertise, product adaptation and customer-focused deposit growth. Credit-card development must maintain responsible underwriting, customer protection and appropriate risk controls.
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    FCNR(B) concessional swap facility availability narrows to timely mobilised deposits amid rupee depreciation and foreign currency inflow concerns.
    Foreign-exchange conditions reflected rupee depreciation amid weak domestic equity markets and higher crude oil prices. FCNR(B) concessional swap facility availability is confined to foreign currency deposits mobilised by banks within the revised cut-off period, replacing the previously longer mobilisation window. The facility is intended to encourage foreign currency inflows, while banks use the FCNR(B) scheme to mobilise foreign currency deposits through attractive interest rates.
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    High Level Committee on Banking for Viksit Bharat is proposed to comprehensively review the banking sector and align it with India's next phase of growth. It is intended to safeguard financial stability, financial inclusion and consumer protection, while providing views and recommendations to the Government on banking-sector development and reform.
    August 17, 2026
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    Prime Minister Internship Scheme enhances youth employability through paid industry exposure, cross-field learning, workplace readiness and potential full-time employment.
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    August 17, 2026
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    SAFTA origin fraud in areca imports allegedly enabled improper duty exemption through false Bangladeshi-origin declarations.
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    Temporary tariff suspension for earthquake recovery is sought to ease pressure on affected Colombian businesses.
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    August 16, 2026
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    LPG production preparedness requires refiners and upstream producers to maintain capacity and increase output during supply constraints.
    Government has established a standing LPG production preparedness framework under which refining companies, oil marketing companies and upstream producers may be directed to increase production during supply constraints. Companies must maintain adequate LPG storage, evacuation and transportation infrastructure and pursue technically and economically feasible production-enhancing measures. Written directions may prescribe production quantities and periods, including restrictions on alternative uses of input streams required for LPG. The production schedule is updated twice yearly to reflect new facilities and added capacity from infrastructure, technology and distribution improvements.
    August 16, 2026
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    Free trade agreement market access requires MSMEs, farmers and exporters to meet global quality standards.
    Free trade agreements expand market-access opportunities for Indian MSMEs, exporters and producers through reduced or eliminated import duties on traded goods. Textiles, machinery, medicines, seafood and agricultural products can access international markets where they meet global standards and remain competitively priced. Farmers and producers are encouraged to develop export-oriented products, including chemical-free agricultural produce, while MSMEs may use preferential trade access to support manufacturing, exports, employment and growth.

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      On UP Day, PM talks about personal bond with state; Shah seeks third term for BJP

      January 24, 2026

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      Lucknow, Jan 24 (PTI) Top leaders congratulated the people of Uttar Pradesh on its foundation day, highlighting the state's development trajectory and cultural legacy, with President Droupadi Murmu expressing confidence in its progress and Prime Minister Narendra Modi hailing its transition from being 'BIMARU' to one of India's key growth engines.

      Modi, who represents Varanasi in the Lok Sabha, said the state has emerged as an outstanding example where development goes hand in hand with heritage. Through its strength and talent, Uttar Pradesh has always accelerated the nation's development, he said.

      The United Provinces was rechristened Uttar Pradesh on January 24, 1950, shedding its colonial legacy. The day is now celebrated as Uttar Pradesh Diwas.

      Addressing a state-level event at the Rashtra Prerna Sthal here, Union Home Minister Amit Shah said the "double-engine government" of the BJP has transformed Uttar Pradesh from 'BIMARU', a reference to poor economic and demographic indicators, to a "breakthrough state" and asserted that improved governance and law and order had unlocked its growth potential.

      He appealed to people to back the BJP in the 2027 Assembly elections, linking the party's return to power with continued development and national security.

      On the occasion, Chief Minister Yogi Adityanath announced fresh initiatives focused on employment and livelihoods, including a new youth-centric jobs programme aimed at aligning skills with opportunities.

      Building on the success of the 'One District, One Product' initiative, the 'One District, One Cuisine' scheme was launched to take local delicacies to national and international markets.

      PM Modi wrote a letter to Adityanath, extending greetings to the people of the state on the occasion. The chief minister shared on social media and also read it out at the Rashtra Prerna Sthal event.

      In it, the prime minister noted his personal bond with UP, and said the state had emerged as an outstanding example where development goes hand in hand with heritage. "I am a Member of Parliament from Kashi, and it is the people of UP who elected me and sent me to the Lok Sabha; therefore, this day becomes even more special for me." "There is something special in the soil of UP," the prime minister wrote, adding that through its strength and talent, the state has accelerated the nation's development. Modi said he was happy that Uttar Pradesh is becoming "an excellent example of the mantra of development as well as heritage".

      He hailed the state's transformation from a 'BIMARU' state into one of India's key growth engines and lauded its economic and infrastructure resurgence while underscoring the tourism potential of the state.

      Modi underlined the state's spiritual and cultural significance, noting that Uttar Pradesh is home to Ayodhya, the birthplace of Lord Ram, Mathura and Vrindavan, the birthplace of Lord Krishna, and Sarnath, from where Lord Buddha's teachings spread to the world.

      Referring to recent milestones, he said, "The consecration and flag hoisting at the Ram temple in Ayodhya, the redevelopment of the Kashi Vishwanath Dham, the organisation of the Mahakumbh, and the ongoing Magh Mela reflect the cultural strength of Uttar Pradesh." Noting the state's infrastructural growth, including expressways, airports, industries, and defence corridors, Modi said Uttar Pradesh was emerging as "a reflection of a developing India" and the state's push towards becoming a one-trillion-dollar economy was gaining pace.

      At the event at the Rashtra Prerna Sthal, Shah said Uttar Pradesh was the heart and soul of India and was poised to become the engine of a developed nation by the centenary of Independence in 2047.

      He also stated that Uttar Pradesh has received investment proposals worth Rs 45 lakh crore, with projects worth Rs 15 lakh crore already on the ground. IT exports have crossed Rs 82,000 crore, positioning the state as a rising hub for data centres, semiconductors and electronics manufacturing, he added.

      The Union home minister was joined by CM Adityanath and state ministers at the event.

      Shah alleged that non-BJP governments had kept the state backwards for decades. The Congress, SP and BSP had turned Uttar Pradesh into a 'BIMARU' state, he claimed.

      "With Narendra Modi at the Centre and Yogi Adityanath in the state, every possibility of development in UP has been unlocked," Shah said, asserting the BJP government had transformed it into a "breakthrough state".

      "Uttar Pradesh is going to become the engine of India's development, the engine of a developed India," he said, adding that there had been a "historic improvement" in law and order, which helped attract investment and accelerate growth.

      Shah urged people to rise above caste considerations and reject "dynastic parties" in the 2027 assembly elections.

      From New Delhi, President Murmu extended greetings to the people of Uttar Pradesh and expressed confidence that the state would continue on the path of progress.

      "My best wishes to the people of the state on the occasion of UP Day. This land of glorious history and rich culture has been a strong pillar in India's journey of development," she said in a message. "I am confident that UP will continue to advance on the path of continuous progress." CM Adityanath referred to the prime minister's message to say that people witnessed a "transformed India over the past 11 years" under Modi's leadership, with UP playing a key role in it.

      He announced a new youth-focused initiative -- the Sardar Vallabhbhai Patel Employment and Industrial Zone -- under which about 100 acres would be developed in each district to support skill development, employment and entrepreneurship.

      "Under the scheme, youths' abilities will be aligned with job and business opportunities," he said.

      Highlighting various flagship programmes, the chief minister said the 'One District, One Product' initiative had helped the state move towards self-reliance, while a new 'One District, One Cuisine' scheme, launched by Shah, would promote district-specific traditional foods by improving hygiene, branding and market access.

      He also congratulated recipients of the UP Gaurav Samman, saying their work reflected innovation and dedication aligned with the 'Viksit Bharat' mission. Several district magistrates were also honoured for their performance under the 'CM Yuva' Scheme. PTI KIS/CDN KIS NSD NSD

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