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    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
    Compounded annual growth rate of Manufacturing GVA at constant prices (2022-23 base) as per revised series during 2022-23 to 2025-26 is 10.88%
    National Company Law Tribunal (NCLT) Launches e-Inspection and e-Certified Copy Services
    The Government of India to launch the Central Bank Digital Currency (CBDC)-based Direct Benefit Transfer (DBT) in the Union Territories of Chandigarh ...
    India and the Southern African Customs Union (SACU) sign Terms of Reference (ToR) for negotiations towards a Preferential Trade Agreement
    Airtel ends all prepaid mobile plans offering 1.5 GB data per day with unlimited calls
    ED arrests IBC resolution professional
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    After nine years at helm, N Chandra to exit Tata Sons amid expansion, governance standoff
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    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.
    August 13, 2026
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    Manufacturing GVA growth under the revised national accounts series highlights stable sectoral contribution and resilience-focused industrial measures.
    Manufacturing performance is assessed under the revised National Accounts Statistics series using 2022-23 as the base year. Manufacturing's share of total Gross Value Added at current prices remained broadly stable through 2025-26, and Manufacturing GVA at constant prices achieved a compounded annual growth rate of 10.88% from 2022-23 to 2025-26. Production Linked Incentive schemes, logistics and industrial-corridor measures, semiconductor initiatives, and MSME support seek to strengthen domestic manufacturing, diversify supply chains, reduce import dependence, and improve resilience.
    August 13, 2026
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    Electronic inspection and certified copies expand digital access to judicial records while supporting efficient case management and reduced delays.
    NCLT has launched e-Inspection and e-Certified Copy Services for faster and more convenient access to judicial records and certified copies by advocates, litigants and other stakeholders. The services support a technology-enabled Registry framework and transparent, efficient justice delivery. Pendency monitoring, workload redistribution, Special Benches, maximisation of court time, and registration and listing guidelines are intended to improve case management, optimise limited judicial resources and reduce avoidable delays.
    August 13, 2026
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    CBDC-based food subsidy transfers enable eligible beneficiaries to use Digital Rupee wallet credits for traceable foodgrain purchases.
    CBDC-based Direct Benefit Transfer under the Pradhan Mantri Garib Kalyan Anna Yojana will credit eligible beneficiaries' food subsidies as programmable Digital Rupee tokens directly into CBDC wallets. Beneficiaries may use these credits to purchase foodgrains from empanelled merchants through secure, real-time and traceable payments, replacing conventional bank-account transfers. The model is intended to improve traceability, reduce leakages and cash handling, enable real-time monitoring of subsidy use, and provide a scalable framework for CBDC integration with welfare schemes.
    August 13, 2026
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    Preferential trade agreement negotiations begin under agreed terms covering market access, origin rules, trade remedies and dispute settlement.
    India and the Southern African Customs Union have signed Terms of Reference to commence negotiations for a Preferential Trade Agreement. Negotiations are envisaged on trade in goods and market access, rules of origin, customs procedures and trade facilitation, trade remedies including bilateral safeguards, sanitary and phytosanitary measures, technical barriers to trade, dispute settlement, and legal and horizontal provisions. The Terms of Reference establish the negotiating framework only; preferential tariff treatment and other operative commitments depend on conclusion of a final agreement.
    August 12, 2026
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    Prepaid plan restructuring eliminates mid-tier daily-data options and channels subscribers toward higher-priced plans with expanded data access.
    Bharti Airtel has discontinued prepaid plans combining 1.5 GB daily data allowances with unlimited calling, directing subscribers towards higher-priced plans with expanded data access, including unlimited 5G data. The restructuring reduces low-priced unlimited-data offerings and changes the pricing architecture for customers using discontinued mid-tier plans. Management links tariff repair to differentiated mobile-plan categories and sustained average revenue per user growth.
    August 12, 2026
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    Insolvency professional conduct faces money-laundering allegations over re-admitted claims, creditor committee changes, and a connected resolution applicant.
    Enforcement action under the Prevention of Money Laundering Act concerns allegations that an insolvency professional re-admitted claims earlier rejected as spurious and fraudulent during the Corporate Insolvency Resolution Process. The alleged re-admission altered the Committee of Creditors' composition and facilitated consideration of a resolution plan allegedly submitted for, and funded through an entity controlled by, a company promoter under investigation for diversion of bank-loan funds. Adverse findings reportedly included acting beyond authority by relying on fabricated and improperly submitted material.
    August 12, 2026
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    Identity document forgery allegations prompt investigation into fraudulent Aadhaar updates and falsified government and educational certificates.
    Alleged forgery and misuse of identity-related records are under investigation following operations at Aadhaar centres. Seized materials reportedly include forged birth, educational, residence, caste and citizenship certificates, records bearing forged signatures and seals, and equipment used for Aadhaar updates. Four persons were arrested in two operations for allegedly preparing forged records and using them to update Aadhaar cards. Cases have been registered under relevant provisions of the Bharatiya Nyay Sanhita, with investigation continuing into the extent of the alleged network.
    August 12, 2026
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    Holding-company governance succession follows leadership departure, requiring transition planning amid unresolved strategy, capital allocation, board representation and listing questions.
    Tata Sons' leadership succession and governance framework have become central following the chairman's decision not to seek reappointment when his term ends in February 2027. The board has been asked to decide on a successor promptly. Unresolved matters include the strategic roadmap, losses and capital requirements in newer businesses, board representation, capital allocation, an exit route for the Shapoorji Pallonji Group, and the possible listing of Tata Sons. Future leadership must manage these issues while improving returns from investment-intensive businesses and maintaining established operations.

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      Madhav University: Pioneering Education and Regional Development in Rajasthan’s Tribal Belt

      February 3, 2026

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      New Delhi [India], February 03: Dr. Rajkumar Rana, the founder of Madhav University, established the institution in 2013 with a visionary commitment to bringing quality higher education to Rajasthan’s tribal regions. Founded nearly fourteen years ago in a predominantly tribal and rural area where access to higher education once seemed unattainable, the university has steadily transformed the educational landscape. From a region once marked by limited academic opportunities, Madhav University today stands as a powerful symbol of inclusion, empowerment, and sustained academic progress. Spread across a 100-acre fully developed, green, and eco-friendly campus, Madhav University offers an academic environment that seamlessly blends modern infrastructure with sustainability. The campus houses state-of-the-art laboratories, digital and physical libraries, advanced research facilities, an incubation and innovation centre, a media lab, spacious auditoriums, sports complexes, student hostels, and thoughtfully designed green spaces. Together, these facilities foster a holistic learning culture that nurtures intellectual growth, physical well-being, creativity, ethical values, and social responsibility.

      Academically, Madhav University offers diploma, undergraduate, postgraduate, doctoral, professional, and medical programmes across 11 multidisciplinary faculties, including Homoeopathy, Pharmacy, Physiotherapy, Allied Health Sciences, Engineering and Technology, Commerce and Management, Law, Education, Agriculture, Arts and Science, and Yoga and Naturopathy. This wide academic spectrum allows students from diverse socio-economic and academic backgrounds to pursue professional, liberal, and research-oriented pathways within a single institution, ensuring flexibility, interdisciplinarity, and comprehensive academic development.

      A defining strength of Madhav University is its deep commitment to inclusive and equitable education, particularly for tribal and rural communities. In a landmark initiative aimed at tribal belt development, Dr. Rajkumar Rana approved tuition-free admission for 200 meritorious and deserving students, with the support of the local MLA and District Pramukh. These students are enrolled across multiple faculties without paying tuition fees, significantly reducing financial barriers to higher education. The university further supports learners through need-based initiatives such as the Single Girl Child Scholarship, scholarships for widows and economically disadvantaged students, concessional fee structures for local residents, and scholarships for children who have lost their father. Other notable government-supported schemes include the Kalibai Bheel Meritorious Girl Student Scooty Scheme, Devnarayan Girl Student Scooty Scheme, Rajasthan Agriculture Girls Scholarship (for female students of the Agriculture Faculty), Department of Social Justice and Empowerment, Jaipur – Post-Matric Scholarship, and the National Scholarship. For many first-generation learners and students from marginalized backgrounds, Madhav University has become a crucial gateway to academic advancement and professional mobility.

      One of the university’s most distinctive and nationally significant initiatives is its on-campus school for special-abled tribal children, making Madhav University the only private university in India to operate such a facility. More than 100 children receive completely free education, daily transportation from remote villages, comprehensive medical care, medicines, speech therapy, physiotherapy, occupational therapy, psychological assessment, and continuous developmental monitoring. The school provides a safe, structured, and emotionally supportive environment, reflecting the university’s deep commitment to inclusive education, social justice, and human dignity.

      Beyond classrooms, Madhav University integrates learning with real-world service. Medical and allied health students gain hands-on practical experience through free health camps conducted in adopted villages such as Wada, Bharja, Bhujela, Kasindra, Achpura, and Amthala, as well as nearby villages including Jodphali, Kivarli, Dhanari, and several others. These camps enable students to apply theoretical knowledge in real-life healthcare settings while serving tribal and rural populations. Over the years, the university has organised more than 500 medical and health camps, addressing general healthcare, tobacco and AIDS awareness, girls’ hygiene education, staff wellness, and preventive healthcare. Legal awareness and legal aid camps further strengthen grassroots empowerment.

      Madhav University’s role as a socially responsible institution is also reflected in its sustained community outreach initiatives. Regular philanthropic activities, such as the distribution of stationery, clothes, jackets, blankets, helmets, and essential supplies, have made a tangible impact on surrounding communities. Through consistent engagement in health awareness, women empowerment, sustainability, skill development, and rural outreach, the university actively contributes to regional development, reinforcing its identity as an education leader rooted in service.

      A major pillar of this commitment is the Madhav Centre for Sustainability Development (MCSD), which aligns the university’s activities with the United Nations Sustainable Development Goals (SDGs). Currently working actively on 9 out of the 17 SDGs, MCSD conducts sustainability-driven programmes, awareness campaigns, and community-based initiatives in nearby villages of Sirohi district, integrating education, environment, and social development.

      Student success remains central to the university’s mission. Approximately 500 students of Madhav University have secured government jobs, a remarkable achievement for a tribal and rural region. This milestone reflects the institution’s strong academic foundation, skill-oriented training, and focused guidance, significantly enhancing socio-economic mobility among its graduates.

      Madhav University also promotes leadership, discipline, and national service through its NCC and NSS units. As the Unnat Bharat Abhiyan Nodal Institution for Sirohi district, the university plays a pivotal role in rural transformation and community-based development initiatives. Its consistent outreach and cultural engagement have earned recognition from IIT Jodhpur for achieving the highest level of activities in Western Rajasthan. Regular national and international seminars, conferences, faculty development programmes, research workshops, and a robust training and placement ecosystem further strengthen the university’s academic standing and student employability.

      In recognition of its commitment to quality, governance, and academic excellence, Madhav University has been accredited with an ‘A’ Grade by NAAC in its first cycle and is approved by the University Grants Commission (UGC). The university is recognised by all major statutory and professional bodies, including BCI, PCI, NCTE, NCH, RNC, CCH, and RCI, underscoring its adherence to national standards and transparent governance.

      Looking ahead, Madhav University is focused on strengthening research, innovation, sustainability, and global engagement, with aspirations to achieve a higher NAAC grade, secure a place among the NIRF Top 100 universities, and expand international collaborations. Deeply rooted in its regional mission yet guided by a forward-looking vision, Madhav University continues to shape futures, transforming not only individual lives but also the educational and social landscape of Rajasthan’s tribal belt through the enduring power of education.

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

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