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    Govt hikes windfall gains tax on petrol, diesel, ATF exports
    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...
    India achieves near-universal banking coverage, with 99.92% of inhabited villages now served by a banking outlet
    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
    MPC's 3-day meeting begins amid expectations of status quo on interest rates
    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
    Union Government releases tax devolution of ₹1,09,019 crore to State Governments, as one advance instalment to accelerate their capital and deve...
    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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    Windfall gains tax on petroleum exports increases to discourage exports and preserve domestic fuel availability during regional supply disruptions.
    Special additional excise duty on exports of petrol, diesel and aviation turbine fuel has been increased for the relevant fortnightly period, while existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall gains tax is intended to preserve domestic availability of petroleum products during the West Asia crisis and prevent exporters from benefiting unduly from price differences linked to elevated global crude oil prices.
    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
    Show AI Summary
    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
    Show AI Summary
    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
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    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
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    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.

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      New Research by TeachBetter.ai Reveals How Teachers Are Using AI to Redefine Education

      February 11, 2026

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      Top 10 AI use cases based on real teacher usage, with actionable insights on the future of AI in Education Delhi, India — [11 February 2026] : As artificial intelligence rapidly enters education systems worldwide, a critical question remains unanswered: how are teachers actually using AI in real classrooms?Today, TeachBetter.ai released a landmark research report, “How Teachers Are Using AI to Transform Education,” highlighting top 10 teacher-led use cases of AI, alongside the launch of TeachBetter.ai Version 4.0, introducing a powerful Live Quiz & Poll Generator to enable real-time assessment, response capture, and immediate feedback, all done within seconds. Based on one year of anonymised platform usage data and qualitative feedback from thousands of educators, the report marks a shift in the AI-in-education conversation—from speculation to evidence, and from tools to teaching transformation. From Hype to Habit: What the Research Reveals The report’s most important finding is clear: AI adoption in education is already happening—but in very specific, teacher-led ways. Analysis of TeachBetter.ai platform usage, spanning over 115,000 resource generations and 30,000 users reveals that teachers are increasingly embedding AI into core instructional workflows such as lesson planning, assessment, and classroom preparation. This pattern of usage demonstrates that AI delivers its greatest value when it is applied to transform teaching through teacher-first platforms, rather than being used merely to automate or outsource isolated tasks via generic chatbots. Top 10 Teacher-Led AI Use Cases Identified in Real Classrooms Based on analysis of real usage data from the TeachBetter.ai platform, the research identifies ten recurring AI use cases that now define how teachers are integrating AI into everyday teaching. Below are the five most dominant patterns, representing the highest adoption among active teachers: • AI-powered lesson planning has become foundational, with 55% of teachers using AI to design lessons as part of their regular workflow. • Assessment design is scaling rapidly, as 48% of teachers rely on AI to create quizzes and worksheets efficiently. • Teaching is shifting toward visual-first instruction, with 35% of teachers using AI-generated presentations to explain concepts. • Academic and institutional writing is being streamlined, as 32% of teachers use AI for structured documentation and communication. • Concepts are increasingly taught through experiences rather than theory, with 28% of teachers using AI to design activities and projects. The full research report details all ten teacher-led AI use cases. Download Full Report. “The evidence shows that teachers are not using AI to replace teaching, but to transform it,” the report notes. When delivered through teacher-first platforms, AI is helping classrooms shift away from rote memorisation toward deeper understanding and real-world application—aligned with the pedagogical direction of India’s NEP 2020. A key driver of this transformation is time recovery. Teachers using AI on TeachBetter.ai save an average of 4.7 hours per week, time that is largely reinvested into student mentoring, concept clarification, and differentiated instruction rather than administrative work. This finding reframes AI’s value proposition: “AI’s impact is not in saving time, but in expanding what teachers can do with it—making teaching transformation possible at scale.” — Binit Agarwalla, Founder, TeachBetter.ai TeachBetter.ai Version 4.0 Launch: Enabling Teachers to Create Online Quizzes in Seconds This research shows a clear shift: teachers are moving beyond using AI only for preparation and are beginning to embed it directly into everyday teaching. TeachBetter.ai Version 4.0 reflects this transition, prioritising application-driven instruction and real-time classroom use over simple task automation. The Live Quiz & Poll Generator exemplifies this shift—enabling teachers to create online quizzes and polls, instantly share links, capture responses, auto-grade, and deliver immediate feedback. What previously took hours can now be done in seconds. More broadly, TeachBetter.ai functions as quiet teaching infrastructure, reducing cognitive load while expanding classroom capability through: • 20+ AI tools spanning planning, instruction, assessment, creativity, and revision • 100+ interactive simulations across STEM subjects • 80+ language support, including Indian languages • Zero learning curve, with no prompt engineering or technical training required • A single, integrated platform, replacing fragmented tools and workflows Teachers Speak: What AI Adoption Really Looks Like on the Ground Across urban and rural schools in India and globally, teachers describe a consistent shift in how AI platforms like TeachBetter.ai are becoming part of everyday teaching: • From rote practice to conceptual mastery AI is valued for reducing preparation time while preserving academic rigor, allowing teachers to focus on deep understanding rather than memorisation. “AI helps me generate practice material faster, so I can focus on conceptual understanding.” — Dr. M. Gopalakrishnan, Senior Mathematics Teacher (30+ years) • Teacher-first design matters most in resource-constrained settings Guided AI workflows help schools maintain consistency and rigor even where time, resources, and technical capacity are limited. “Our teachers are creating deeper lessons and better assessments with confidence.” — Ajithra R, Teacher & School Administrator, Tamil Nadu • Curriculum alignment and time efficiency drive global adoption Teachers working across international curricula value AI that converts standards into classroom-ready lessons and assessments. “TeachBetter.ai is my go-to platform for daily teaching—faster and more precise.” — Surya Pratap, PGT Mathematics Teacher, Bahrain • AI succeeds when it becomes dependable classroom infrastructure Adoption accelerates when AI removes prompt complexity and reliably supports planning and assessment as part of daily teaching. “With TeachBetter.ai, Lesson planning and quizzes now take minutes, not hours.” — Kepha Otuke, Teacher, Kisii County, Kenya From Potential to Practice: The Path to Mass AI Adoption in Education The research makes one thing clear: while AI’s potential in education is evident, mass adoption remains the real challenge. Teachers continue to face barriers of cost, complexity, and poor alignment with classroom realities—keeping AI usage stuck at automation rather than true teaching transformation. The report frames AI adoption as a progression—from automation, to enhancement, and ultimately to transformation, where AI enables forms of teaching that were previously impractical or impossible. The greatest risk, therefore, is not AI replacing teachers, but educators treating AI only as an automation tool. This moment represents a critical inflection point. The next phase of AI adoption in education will be defined not by novelty, but by scale, simplicity, and sustainability, with teacher-first design and integrated infrastructure at its core. Realising this future will require collective effort across governments, institutions, and technology providers. TeachBetter.ai, founded by NIT and IIM alumnus Binit Agarwalla and Vipin Kumar, is contributing to this shift by building AI as quiet teaching infrastructure—comprehensive yet simple, affordable, and designed for mass adoption—helping classrooms move from rote memorization to deeper understanding and real-world application. The full research report details all ten teacher-led AI use cases and other insights around the future of AI in education. Download Full Report. Media Contact : Vipin Kumar • [email protected] www.teachbetter.ai • +91 9676352590 (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI

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