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    No guidelines to regulate online astrology platforms: Consumer affairs department to CIC
    Yellow.ai, a Global Leader in Enterprise Agentic AI, to Go Public via $550 Million Merger with Bluerock Acquisition Corp.
    Shri Piyush Goyal Invites Indian and Uzbek Businesses to Co-invest and Co-manufacture; Calls for Doubling Bilateral Trade at India-Uzbekistan Business...
    Every ₹1 invested under Kisan Credit Card– Modified Interest Subvention Scheme (KCC-MISS) contributes ₹2.30 to net value addition in the...
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    Rupee rises for 6th day, gains 12 paise to 95.31 against US dollar as crude drops
    ACE Software Posts Earnings Turnaround; Standalone Profit Before Tax Up 43% YoY
    Rajya Sabha passes bill to tackle payment delays faced by MSMEs amid Opposition protests
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    Trane Technologies Reports Strong Second Quarter Results; Raises Full-Year Revenue and EPS Guidance
    CBN dismantles inter-state counterfeit drug network in Bihar under Operation Vajra; mastermind arrested
    DRI seizes quantities of gold; drugs, e-cigarettes and other contraband in pan-India Ops; 20 persons, including 5 foreign nationals, arrested
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    Raymond Lifestyle Limited Delivered a stable Q1 FY27 Performance
    Rupee rises 31 paise to 95.12 against US dollar in early trade
    Customs seizes 8 kg gold worth over Rs 11 cr at Kerala airports in one week
    Drill, Baby, Drill: India to fund Rs 650 cr per well for 60 deepsea wells to break its oil import habit
    Punjab GST revenue rises 20 pc to Rs 10,447 crore in April-July: Cheema
    India-China trade through Shipli La resumes after six years
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    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.
    August 3, 2026
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    Concessional agricultural credit supports working capital, crop diversification, allied activities, and digital expansion under the Kisan Credit Card scheme.
    The Kisan Credit Card-Modified Interest Subvention Scheme provides concessional institutional credit to reduce farmers' interest burdens and improve timely working-capital access. The scheme is reported to support cropping intensity, multi-season cultivation, diversified crop portfolios, timely input use, and credit discipline through the Prompt Repayment Incentive. It also supports dairy, livestock, and fisheries-based income diversification. Credit-delivery measures include collateral-free lending, digital platforms, simplified applications, coverage expansion, and awareness campaigns. State-wise data tracks operative accounts, outstanding credit, and non-performing Kisan Credit Card accounts.
    August 3, 2026
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    Banking inclusion expands rural access while digital credit systems and payment security controls address service delivery and cyber fraud.
    Banking inclusion is pursued by providing banking outlets within a five-kilometre radius of inhabited villages, with branch expansion permitted subject to rural-coverage requirements and continuing assessment of uncovered areas. Agricultural credit delivery uses digital loan, beneficiary-verification, processing and claim-settlement systems. Digital payment security measures require minimum controls for payment channels and include fraud-intelligence sharing, artificial-intelligence-based identification of money-mule activity, digital lending-app analysis, cyber-incident reporting, public awareness campaigns and electronic-banking training.
    August 3, 2026
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    Foreign exchange market movement strengthened the rupee as lower crude prices, investment inflows and improved risk sentiment provided support.
    Foreign exchange market movement saw the rupee strengthen for a sixth consecutive trading session against the US dollar, supported by declining global crude oil prices, a softer dollar, foreign institutional investment inflows and gains in domestic equity markets. Improved global risk sentiment followed the decision to defer planned US military strikes against Iran and allow diplomatic engagement. Renewed geopolitical tensions were identified as a factor that could limit further appreciation.
    August 3, 2026
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    Quarterly financial performance reflects revenue growth, improved standalone profitability, and continued investment in AI-led digital technology platforms.
    Quarterly financial performance reported revenue growth in standalone and consolidated operations, higher standalone profit before tax, and a return to consolidated profitability. The company continues to invest in an AI-led, intellectual-property-driven digital technology strategy through enterprise software, SaaS platforms, digital commerce, cloud, data and AI solutions. Its priorities include scalable platforms, proprietary technology assets, recurring-revenue offerings, partnerships and selective acquisitions. Complete financial results, notes to accounts and regulatory disclosures are available through exchange filings and the company website.
    August 3, 2026
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    MSME delayed-payment reforms strengthen award recovery, faster dispute adjudication, invoice discounting, and interim supplier payment protection.
    MSME delayed-payment reforms seek faster adjudication, strengthened recovery and improved liquidity for enterprise suppliers. Courts may direct payment of at least half of an awarded amount where a setting-aside application remains pending beyond six months. Mediated settlements and arbitral awards may be recovered as arrears of land revenue and recognised as legally enforceable debts under the insolvency framework. The measures also provide graded penalties, voluntary digital registration, invoice settlement through the Trade Receivables Discounting System, and additional Facilitation Councils.
    August 3, 2026
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    Monetary policy rate setting remains cautious as inflation, liquidity, growth and global uncertainty shape the policy stance.
    Monetary policy rate setting is expected to remain cautious amid global uncertainty, rising inflation risks and steady domestic growth. The inflation outlook is affected by energy-price pass-through, higher input costs, and seasonal and monsoon-related food-price pressures. Policy decisions are expected to remain data-dependent, guided primarily by domestic inflation, liquidity conditions and economic growth. A cautious or neutral stance is identified as preferable while external risks and inflation developments persist.
    August 3, 2026
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    Forward-looking financial disclosure raises revenue and earnings guidance while describing non-GAAP measures, capital allocation, and material business risks.
    Financial performance reporting identifies increased bookings, revenue growth, continuing earnings, and backlog, with segment-level operating and margin measures. The release addresses cash flow, capital allocation through dividends, acquisitions and share repurchases, and increased full-year revenue and earnings guidance. Forward-looking statements concerning financial performance, operations, demand, liquidity and capital deployment are subject to identified risks and uncertainties. Non-GAAP measures are presented as supplemental to GAAP measures, with definitions and reconciliations stated to be available in accompanying materials.
    August 3, 2026
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    Counterfeit drug enforcement targets illicit manufacture, storage and trafficking networks, with coordinated seizures and referral of non-narcotic stock.
    Counterfeit-drug enforcement under Operation Vajra addressed an inter-state network involved in the illicit manufacture, storage and distribution of narcotic drugs, psychotropic substances and spurious pharmaceutical products. Searches of unregistered godowns recovered narcotic products, unauthorisedly manufactured Buprenorphine injection ampoules, and counterfeit non-NDPS medicines. A farmhouse-based illicit manufacturing facility was dismantled, with machinery, chemicals and related materials seized under the NDPS Act, 1985.
    August 3, 2026
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    Anti-smuggling enforcement targets concealed gold, narcotics, protected products, prohibited e-cigarettes and restricted imports through coordinated intelligence operations.
    Intelligence-led anti-smuggling operations resulted in seizures of foreign-origin gold, narcotic drugs, hydroponic weed, protected wildlife and forest products, prohibited electronic cigarettes, and restricted poppy seeds and areca nuts. The operations identified concealment through fabricated baggage cavities, false cargo declarations, misdeclaration of origin, forged documentation, and concealment in transport vehicles. Poppy seeds are restricted under the Foreign Trade Policy and may be imported only subject to conditions concerning legally cultivated produce from designated countries and registration of import contracts with the Narcotics Commissioner.
    August 3, 2026
    Show AI Summary
    Tax devolution advance instalment strengthens State finances for accelerated capital and developmental expenditure through distribution of Union tax proceeds.
    Tax devolution was released to State Governments as an additional advance instalment alongside the normal monthly devolution schedule. The fiscal transfer shares net proceeds of Union taxes and duties with States, with the stated purpose of strengthening State finances and supporting accelerated capital and developmental expenditure. The release includes a State-wise distribution of tax-devolution proceeds.
    August 3, 2026
    Show AI Summary
    Financial performance reporting highlights revenue and EBITDA growth, garmenting recovery, retail optimisation, ESG commitments, and forward-looking risk disclosures.
    Financial performance reflects growth in total income and EBITDA, with improved margin, reduced net working-capital days, and a net-cash position. Branded textiles and high-value cotton shirting reported lower revenue due to the prior-year base effect, while branded apparel grew but faced lower margin from channel mix. Garmenting improved through order-book execution, tariff rationalisation, and new global clients. ESG priorities include female representation, waste-management initiatives, renewable energy, emissions reduction, and workplace safety. Forward-looking statements remain subject to regulatory, political, economic, and technological risks.
    August 3, 2026
    Show AI Summary
    Foreign exchange market support strengthens the rupee as lower crude prices, portfolio inflows and reserve growth improve sentiment.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar, attributed to lower global crude oil prices, a weaker dollar, sustained foreign portfolio inflows, higher foreign exchange reserves, and Reserve Bank of India presence in the foreign exchange market. Domestic equity market gains and net foreign institutional equity purchases were also identified as supporting factors.
    August 2, 2026
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    Gold smuggling detection targets sophisticated concealment methods through strengthened passenger profiling, intelligence gathering and coordinated investigations into organised networks.
    Gold smuggling detection at Kerala airports led to multiple seizures, registration of cases and arrests in alleged smuggling attempts. Organised networks reportedly use gold in paste or compound forms concealed in clothing, body cavities, aircraft seats and other unconventional locations. Enforcement measures include strengthened passenger profiling, intelligence gathering and inter-agency coordination, while investigations continue to identify associated syndicates and financiers.
    August 2, 2026
    Show AI Summary
    Offshore exploration funding supports deepwater drilling, shared infrastructure and seismic data to strengthen domestic hydrocarbon production potential.
    The Samudra Manthan National Offshore Exploration Scheme provides direct budgetary support for high-risk deepwater and ultra-deepwater exploratory drilling, subject to cost-sharing and per-well limits. Support is available to eligible operators holding or securing exploration acreage. The scheme also funds offshore data acquisition and shared subsea, receipt and processing infrastructure through a Common Hub Infrastructure model. It is intended to promote risk exploration, improve commercialisation of offshore discoveries and strengthen domestic hydrocarbon production potential within the existing exploration and licensing framework.
    August 1, 2026
    Show AI Summary
    GST compliance enforcement combines taxpayer refunds, analytics-based fraud detection, cancellation of fake registrations, and recovery of outstanding VAT arrears.
    Punjab attributed increased GST collections to voluntary compliance, intelligence-based enforcement and technology-driven tax administration, while facilitating compliant taxpayers through timely GST refunds. Data analytics, risk profiling and field verification were used to identify tax evasion, bogus billing, fake input tax credit networks and misuse of the GST registration framework. Measures included penalties, cancellation of fraudulent registrations and recovery of long-pending VAT arrears through attachment and auction of defaulters' properties.
    August 1, 2026
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    Cross-border barter trade resumes through Shipki La, subject to permitted goods, time limits, and import-export compliance requirements.
    Cross-border barter trade through Shipki La between India and Tibet resumed after a six-year interruption. Traders may exchange specified goods under a barter arrangement and must return within 72 hours. Traders are required to comply strictly with import-export regulations prescribed by the Union Ministry of Commerce, emphasising transparency and regulatory compliance. Expansion of permitted goods may be pursued through prescribed governmental and external-affairs channels.
    August 1, 2026
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    Export growth projections outline pathways for Odisha to expand merchandise trade through export diversification, MSME support and financing initiatives.
    Export growth projections for Odisha set out base, optimistic and ambitious scenarios through FY 2029-30, based respectively on historical growth, envisaged national export growth, and a larger share of national exports. Odisha's export basket remains concentrated in metals and minerals, led by aluminium products, with China as the principal export destination. Odisha Vision 2047 identifies exports, including MSME contributions, as an economic transformation driver, while export-financing and risk-mitigation initiatives aim to address financing gaps for exporters and MSMEs.

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      OTM 2026, Asia's Leading Travel Show, Opens in Mumbai as India Becomes Global Tourism Powerhouse

      February 6, 2026

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      OTM, organised by Fairfest Media Limited, returns to Mumbai, bringing together global destinations, tourism ministers, hotels, airlines and the tourism ecosystem from 60+ countries MUMBAI, India, Feb. 6, 2026 /PRNewswire/ -- OTM 2026, Asia's leading travel trade show, officially opened today at the Jio World Convention Centre, Mumbai, bringing together the global travel and tourism ecosystem at a time when India has firmly emerged as one of the world's most strategically important outbound travel markets. Recognised by NielsenIQ as the Leading Travel Trade Show in India and Asia for two consecutive years, OTM 2026 is hosting over 2,200 exhibitors from more than 60 countries, with 45+ National Tourism Organisations participating and over 50,000 travel trade visitors and 1,000+ top travel industry professionals participating over the three days. With the increase in the number of exhibitors and visitors, OTM has become the most internationally diverse and largest event of its type ever organized in the region. Event Highlights • Exhibitor Showcase: Over 2,200 exhibitors from 60+ countries, representing national and state tourism boards, airlines, hotels and resorts, destination management companies, cruise operators, attractions, and travel technology providers. • Global Participation: Strong representation from Europe, Africa, Asia, the Middle East, the Americas and Oceania, including long-standing outbound markets and a growing number of emerging and experiential destinations engaging with India as a priority growth market. • High-Quality Buyer Access: More than 50,000 trade visitors, including 1,000+ hosted and VIP buyers, enabling focused B2B engagement across leisure, corporate travel, MICE, weddings and niche travel segments. • Structured Business Engagement: Over 50,000 pre-scheduled B2B meetings expected across the three days, reinforcing OTM's positioning as a platform built for measurable business outcomes. • Leadership & Knowledge Exchange: The OTM Forum brings together policymakers and senior industry leaders from across the global travel ecosystem, including executives from MakeMyTrip, Cleartrip, Thomas Cook India, SOTC Travel, Paytm, TBO.com, Google India, Deloitte, Reliance Industries, Aditya Birla Group, Godrej Industries, VFS Global, IHCL, and leading national tourism boards and airlines. Through a series of high-level panels and closed-door discussions, the Forum examines outbound travel growth, destination competitiveness, corporate travel evolution, distribution, marketing, technology, and the changing expectations of the Indian traveller. 'Unlocking EU–India Opportunities for Tourism and Hospitality' organised in collaboration with European institutional partners. The session brings together senior industry leaders including Rajeev Kale, President & Country Head, Thomas Cook India Ltd.; Anahita Avari, Head of Sales, South Asia, VFS Global; Aparna Chaturvedi, Country Head, Europamundo; and Delna Jasoomoney, Vice President - Travel Industry Sales, IHCL, and is moderated by Vijayata N. Raheja, COO, K Raheja Group. India moves to the centre of global destination strategy The inauguration of OTM 2026 marks a defining moment in the global travel industry's engagement with India. Once viewed primarily as an emerging market, India has now become a central growth market, driven by rising disposable incomes, expanding international connectivity, and a growing appetite for long-haul, experiential, and high-value travel. This shift is visibly reflected at OTM 2026, where destinations are engaging with India through high-value, long-term trade promotions. Inaugural programme sets the tone for OTM 2026 Day 1 of OTM 2026 commenced with the official inauguration of the exhibition, followed by a VIP walk-around and exhibitor interactions, leading into the flagship Inaugural Programme titled 'India Takes Its Place on the Global Travel Stage.' The show was inaugurated by Datuk Manoharan Periasamy, Chairman, Tourism Malaysia, Richard Duval, Minister of Tourism of Mauritius; H.E. Dato Sri Abdul Karim Rahman Hamzah, Minister for Tourism, Creative Industry and Performing Arts, Sarawak; and Hon. Prof. Ruwan Ranasinghe, Deputy Minister of Tourism, Sri Lanka, and was moderated by Tanya Khanijow. The afternoon programme included the CEOs' Lunch, followed by the panel 'India at 100 Million: The Global Race to Capture the Next Big Traveller Wave,' bringing together destination leaders Christian Schoch (Switzerland Tourism), Dinesh Burrenchobay (Mauritius Tourism Promotion Authority), Gary Hendricks-Dominguez (Cayman Islands Department of Tourism), Islom Ibragimov (Tourism Committee of Uzbekistan), Nuwal Fadhilah Binti Ku Azmi (Tourism Malaysia) and Sheetal Munshaw (Atout France). The day concluded with a market-focused discussion on demand and disruption in India's online travel market, featuring CXOs from Cleartrip, MakeMyTrip and Paytm Travel, moderated by Virendra Jain (VIDEC). Global destinations deepen engagement with India OTM 2026 features strong official participation from destinations across Europe, Africa, Asia, the Middle East, the Americas and Oceania. With nearly 50 global tourism boards officially participating at OTM, this edition reflects the deepest engagement the global tourism ecosystem has had in the subcontinent. Alongside long-standing outbound markets, several destinations that were once considered niche or aspirational for Indian travellers are now engaging with India as their next major growth market, with many participating exclusively at OTM 2026. Malaysia Airlines anchors aviation connectivity at OTM 2026 Reflecting on the critical role of aviation in unlocking outbound growth, OTM 2026 also features Malaysia Airlines as the Partner Airline, with a prominent presence at the exhibition. The airline is showcasing its network connectivity, premium offerings and India-focused travel solutions, reinforcing the importance of strong air links in supporting India's expanding global travel footprint and facilitating access to destinations across Southeast Asia and beyond. Several other leading airlines including Air India are participating in a major way. From exhibition floor to industry dialogue Beyond destination and airline participation, OTM 2026 continues to strengthen its positioning as a focused B2B market-access platform designed to deliver measurable business outcomes. The exhibition brings together leading hotels and resorts, destination management companies, cruise operators, travel technology providers and specialised travel segments, enabling structured engagement through pre-scheduled meetings, on-ground interactions and curated networking. Structured engagement remains central to the platform, with 50,000+ pre-scheduled B2B meetings expected over the three days, enabling targeted, outcome-driven conversations between exhibitors and buyers. As part of its broader international vision, Fairfest Media has recently expanded its global portfolio with the acquisition of WTE Miami, extending its market-access platform beyond Asia and strengthening the bridge between India, Asia and the Americas. What lies ahead over the next two days Across Days 2 and 3, the agenda moves into sharper, segment-led conversations spanning leisure demand, corporate travel, weddings, marketing and distribution. Day 2 examines changing Indian traveller motivations through 'Vibe Traveling – Aesthetics, Experiences and the New Indian Narrative,' and deep-dives into business mobility with 'Building India's Corporate Travel Ecosystem: A $20B Journey,' alongside a buyer-led session on what India's top corporate travel buyers expect from the industry today. The programme also expands into destination weddings through WeddingSutra Engage, and explores experience-led travel and commercial growth through sessions such as 'Live Tourism' and 'The Future of Travel Marketing: AI, Personalisation and Loyalty Shifts.' Day 3 turns the focus to distribution power and trade evolution through 'The New Power of the Intermediary'and 'Inside India's Travel Trade: What's Changed, What's Working, What's Next,' before concluding with the Valedictory and Awards Function. Commenting at the inauguration, Sanjiv Agarwal, Chairman & CEO, Fairfest Media Ltd., said, "OTM was created to reflect the reality of global travel today, where India is no longer an emerging opportunity but one of the most sought-after and strategic travel markets globally. The participation we see at OTM 2026, from established destinations to emerging and exotic ones, clearly demonstrates how the world is repositioning itself around the Indian traveller. OTM continues to serve as the leading travel show in Asia - one where this engagement takes shape in a focused, world-class setting." Over the three days, the Forum continues with a series of closed-door and open sessions examining outbound travel growth, destination strategy, aviation connectivity, corporate travel, emerging markets and the future of travel distribution. The detailed agenda is available at https://meetingdiary.otm.co.in/agenda?date=2026-02-06 Event Details OTM 2026 Dates: 5, 6 & 7 February 2026 Venue: Jio World Convention Centre, Mumbai Organiser: Fairfest Media About OTM and Fairfest Media: OTM is Asia's leading travel trade platform, connecting global travel suppliers with India and Asia's fastest-growing travel markets through large-scale exhibitions, curated buyer programmes and structured B2B engagement. OTM is organised by Fairfest Media. Founded in 1989, Fairfest Media is a global trade show organiser and media company, providing platforms for doing business in the world's fastest-growing markets. Fairfest recently acquired WTE Miami, the fastest-growing travel show in the United States, which will be held at the Miami Beach Convention Centre on the 27th and 28th of October, 2026. For more information, please visit: https://otm.co.in/. Media Contact: Tanya, [email protected] Photo: https://mma.prnewswire.com/media/2888530/Inauguration_Ceremony_at_OTM_2026.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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