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    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
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    Mumbai cops bust fake documents racket; four arrested
    After nine years at helm, N Chandra to exit Tata Sons amid expansion, governance standoff
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    Sensex falls 188 pts amid elevated crude oil prices; Tata Group stocks decline after N Chandra's exit
    SJM urges govt to stand firm against US tariff pressure, calls for boycott of American products
    Union Minister of Commerce and Industry Shri Piyush Goyal Calls for Fair Trading Practices and Taking ‘Make in India’ from Local to Global
    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman delivers keynote address at Seminar on “Role of the New Development Bank in M...
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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.
August 12, 2026
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Interest-rate regulation for loans and advances proposes harmonised fixed and floating loan-pricing principles across regulated entities.
Interest-rate regulation for loans and advances is proposed to be harmonised across all regulated entities through a principles-based framework for fixed-rate and floating-rate loans. The framework would be calibrated to each entity's nature, complexity and scale, while supporting monetary policy transmission, credit-risk-based pricing, and fair, non-discriminatory borrower treatment. It addresses divergent commercial-bank practices in determining the marginal cost of funds-based lending rate and its components, alongside limited regulatory coverage of fixed-rate loans. Separate final directions are intended for each category of regulated entity after consideration of feedback.
August 12, 2026
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Elevated crude oil prices and Tata leadership transition drove broad equity market selling amid inflation concerns.
Indian equity markets declined amid elevated crude oil prices, inflation concerns and broad risk-off selling. Tata Group shares, particularly TCS, came under pressure after N. Chandrasekaran announced that he would not seek reappointment as Tata Sons Chairman when his current term ends. Crude oil prices approaching the USD 90-per-barrel level affected investor confidence because of potential inflationary effects, while uncertainty over United States-Iran negotiations and Strait of Hormuz shipping disruptions added to global energy market concerns.
August 12, 2026
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Trade sovereignty and energy security underpin calls to resist tariff pressure and protect sensitive sectors in bilateral negotiations.
Trade sovereignty and energy security are advanced as grounds for resisting tariff pressure linked to Indian purchases of Russian crude. Bilateral trade negotiations should proceed through equality, reciprocity and mutual respect without compromising agriculture, dairy, energy security or strategic autonomy. Concerns are also raised over removal of e-commerce inventory restrictions for foreign direct investment and over proposed Merchant Discount Rate charges on UPI transactions. Withdrawal of the inventory measure and opposition to payment-provider charges are urged, alongside possible restrictions on United States technology and social-media companies and consumer boycotts of American goods and services.
August 12, 2026
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Fair trading practices and circular production are promoted to strengthen Make in India and expand global market participation.
Trade and industrial policy messaging encourages businesses to digitise operations, adopt good manufacturing practices, follow fair trading practices, and promote recycling, reuse and a circular economy. Nine free trade agreements are identified as creating preferential market-access opportunities for Indian industry and businesses. MSMEs, entrepreneurs, farmers, fishermen, workers and the services sector are encouraged to expand Indian products and services globally, improve competitiveness through scale, and strengthen the quality, design and brand value associated with Make in India.
August 12, 2026
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Private capital mobilisation requires credible long-term frameworks, risk-sharing mechanisms, and multilateral partnerships to strengthen infrastructure investment.
Private capital mobilisation in infrastructure and development finance depends on credible long-term frameworks, investor confidence, project bankability, and balanced risk allocation. Public capital is intended to catalyse rather than replace private investment. Key financing mechanisms include Viability Gap Funding, the Hybrid Annuity Model, credit enhancement, and Infrastructure Investment Trusts. Long-term investment visibility and coordinated connectivity are supported through the National Infrastructure Pipeline and PM Gati Shakti framework, alongside investment measures for freight, rail, waterways, and coastal cargo.
August 12, 2026
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Judicial allowance exemptions under the new tax regime remain disputed, with return processing and resulting demands kept in abeyance.
Tax treatment of specified judicial allowances under the new income-tax regime is disputed. Statutory service-condition provisions are asserted to exclude allowances, including official residence, conveyance, sumptuary allowance and leave travel concession, from income computation and to override the Income-tax Act. Pending consideration, affected judges may show these amounts as receipts not in the nature of income, and their returns are not to be processed further. Any resulting demand remains in abeyance, while refundable amounts are withheld subject to the pending proceedings.

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Kiteskraft unveils their latest publication, The Power List to announce the mentors and change-makers that are shaping progress in India

February 12, 2026

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CHANDIGARH, India, Feb. 12, 2026 /PRNewswire/ -- Kiteskraft Productions LLP proudly presents The Power List: Minds and Missions Redefining Success Beyond conventional roles, they stand as mentors and change-makers, inspiring ethical leadership, creativity, and social responsibility. Through visionary impact and community engagement, they shape progress and leave a lasting legacy for future generations. Dr. Zareena Sultana : Dr. Zareena Sultana is a distinguished academic leader known for anchoring educational progress in human values amid rapid technological change. With over three decades of experience, she blends humanistic scholarship, ethical governance, and future-ready vision in higher education. She currently serves as Professor and Dean, Students' Welfare at ISL Engineering College, Hyderabad, where she has built inclusive, student-centric ecosystems extending beyond academics to well-being, leadership, employability, and social responsibility. A PhD in English and post-doctoral researcher in multilingualism, she strongly advocates integrating language, ethics, and culture into professional education. Trained in AI leadership through IIM Bangalore, she champions ethical, human-centred use of technology. Beyond campus, she serves as Telangana State Secretary of NHRCI and National Member of WHRPC, contributing to rights-based education and justice. An IIT Bombay NEC mentor, published scholar, poet, and award-winning educator, Prof. Dr. Sultana exemplifies compassionate leadership shaping future-ready, values-driven global citizens worldwide today. Dr. Kavita Khullar : Dr. Kavita Khullar is a leader whose journey reflects resilience, purpose, and the quiet strength of flowing water—ever moving, ever evolving. Guided by the belief that anything worth doing must be done with full commitment, she has built her success on positivity, discipline, punctuality, devotion, and unwavering faith in the Almighty. Inspired by Mahatma Gandhi's words, "Live as if you were to die tomorrow, learn as if you were to live forever," she approaches each day with passion, purpose, and gratitude. As a leader, Dr. Khullar emphasizes excellence in small details, thoughtful planning, and collaborative teamwork. Known for her calm, balanced decision-making, she avoids haste and negativity, choosing clarity, empathy, and constructive solutions. A lifelong learner, humanitarian, nature lover, and mentor, she continues to grow through constant learning, professional development, and self-reflection. Her journey demonstrates that true leadership is not about authority, but consistency, compassion, courage, purpose, and impact. Dr. A.V. Srinivasan: Dr. A.V. Srinivasan's extraordinary journey in Indian neurology reflects a lifetime devoted to healing, education, and compassion. A distinguished neurologist from Chennai, he has spent over five decades advancing neurological science through clinical excellence, research, and selfless service. His work has not only strengthened neurological practice in India but also brought hope and dignity to countless patients through humane, ethical care. In April 2024, he created history as the first Indian to receive the prestigious General Neurology Award from the American Academy of Neurology, recognizing his global impact on neuroscience and medical education. The same year, he was honored with the Lifetime Achievement Award by Scientific Laurel, presented by eminent personalities including Virender Sehwag and Saina Nehwal, celebrating his enduring leadership and service. Beyond professional recognition, Dr. Srinivasan's commitment to society remains exceptional. For more than 600 consecutive weeks, he has provided free consultations, medicines, and food to tens of thousands of underserved patients. His influence continues to guide leaders. Joydeep Mukherjee: Joydeep Mukherjee is among India's most visionary classical instrumentalists, seamlessly blending ancient tradition with bold innovation. A rare master of seven classical instruments—Sarod, Mohanveena, Sursingar, Tanseni Rabab, Sur-Rabab, Dilbahar, and Nabadeepa—he belongs to the revered Senia Shahjehanpur Gharana and is the only artiste preserving the complete legacy of Pt. Radhika Mohan Maitra across all seven instruments. Honoured with the Sangeet Natak Akademi's Ustad Bismillah Khan Yuva Puraskar, he gained nationwide recognition when Prime Minister Narendra Modi acknowledged his revival of rare instruments on Mann Ki Baat in 2023. His performances span the G20 Leaders' Summit, major national and international festivals, and India's 75th Republic Day celebrations. In 2025, he reached a historic milestone by patenting four classical instruments and designing a four-octave Sarod, expanding tonal depth and expression. A Ministry of Culture Fellow and ICCR-empanelled artiste, he continues to preserve, innovate, and globalise India's classical music heritage worldwide. Dr. Mishil Sandeep Parikh: Dr. Mishil Parikh is a Consultant in the Department of Surgical Oncology at Sir H. N. Reliance Foundation Hospital. He graduated from Dr. D. Y. Patil Medical College, Navi Mumbai, and completed his M.S. and M.Ch. in Orthopaedics at the same institution, followed by advanced training in musculoskeletal oncology at Tata Memorial Hospital, Mumbai. Among India's youngest orthopaedic oncosurgeons, Dr. Parikh runs an exclusive musculoskeletal oncology practice. He has performed over 1,550 surgeries and managed more than 2,000 cases involving bone and soft tissue tumours. He currently serves as Chairperson of the Under-40 Sarcoma Surgeons group of the International Society of Limb Salvage and is an active member and Webmaster of the Bombay Orthopaedic Society. Dr. Parikh has authored over 25 scientific publications, serves on editorial boards of multiple journals, and is a founder-member of the Sarcoma Education Foundation, a non-profit dedicated to training young orthopaedic oncologists nationwide professionals. Sreeraj G. Pai: Sreeraj G. Pai is a committed financial professional known for expertise in inspection, compliance, and operational excellence within India's cooperative credit sector. He serves as Senior Inspection Officer at the Indian Cooperative Credit Society Limited, where he ensures branch operations meet regulatory, risk, and quality standards. His work spans audits, risk assessment, performance evaluation, and strengthening financial transparency, supporting institutional stability and public trust. Beyond his core role, Sreeraj actively contributes through research and thought leadership in capital markets, risk management, and regulatory developments. He holds professional memberships with the All India Management Association and the Kerala Management Association, reflecting dedication to continuous learning and industry engagement. Through an active LinkedIn presence, he promotes education, skill development, and emerging technologies shaping modern finance. With strong ethics, analytical discipline, and a growth-oriented mindset, Sreeraj represents a new generation of finance professionals focused on resilience, accountability, and sustainable progress, nationwide impact. Milli Arora: Milli Arora is a multifaceted spiritual practitioner whose work harmoniously blends intuition, healing, and artistic devotion. A gifted tarot reader, artist, naturopath, reiki healer, numerologist, and crystal healer, she is dedicated to guiding individuals toward emotional balance, spiritual clarity, and inner transformation. As Chairperson of Heart and Soul and Proprietor of Hari Bol, her journey is deeply rooted in faith, service, and compassion. A devoted soul, she creates sacred paintings of Hari, expressing her spiritual beliefs through art that radiates peace and devotion. Beyond personal practice, she actively serves as a companion and jury member for organizations such as Heart and Soul, Earth Saviours Foundation, and Gurukul Sainik Vihar, supporting social upliftment and spiritual growth. Her contributions have earned her several prestigious honors, including the Harmony Women Achievers Award, Kohinoor-e-Taj Achiever's Award, and Renowned Healer Award. Through healing, devotion, and service, Ms. Arora continues to inspire and uplift lives. Dr. B. Nandha Kumar: Dr. B. Nandha Kumar, born on June 25, 1972, in Athigaratty Village, Ooty, The Nilgiris, is a distinguished leader known for academic excellence, professional achievement, and deep commitment to community empowerment. Inspired by his father, J. Bheeman, a National Teacher's Awardee, he imbibed strong values of integrity, education, and perseverance early in life. He holds a B.Sc. in Computer Science, a B.Ed., an MBA in Marketing and Human Resources, and a Ph.D. in Management from Golden State University, USA. With over three decades of experience across banking, NBFCs, healthcare, and FMCG sectors, he served in senior roles at Muthoot Fincorp and HDFC Bank, earning multiple performance and leadership awards. Since 2022, as Director of the Janaasha Group, he has driven financial inclusion, innovation, and social responsibility, empowering communities through savings, literacy, and sustainable growth initiatives. His vision blends ethical leadership with strategic foresight and long-term societal impact, nationwide development. Babita Hundal: Babita Hundal is a renowned professional artist based in Mohali, Punjab, with roots in Ferozepur and over 44 years of artistic experience. Her professional journey began with her first solo exhibition in Chandigarh in 1987, followed by solo shows in New Delhi in 1992 and Panchkula. She also worked as a Textile Designer at L'affair, Greater Kailash, New Delhi. From 2008 to 2017, she served as an artist at an institution in Mohali. Since 2017, she has participated in numerous national and international group exhibitions, both online and offline. Her achievements include multiple awards, medals, and trophies, along with recognitions from Guinness World Records, Harvard World Records, and other global platforms. Notable works such as "Smooth Sail" and "Unveil the Desire" were celebrated as showstoppers. Her artworks are collected across India and internationally, reflecting the universal appeal and depth of her artistry. Supported by strong academic training. Gulnaz Parveen: "Real leadership is not about position; it is about persistence when no one is watching," says Gulnaz Parveen. Gulnaz Parveen's journey from school principal to founder and businesswoman reflects a modern leadership model rooted in purpose and perseverance. As a principal, she worked closely with students, teachers, and parents, gaining deep insight into everyday educational realities. While academic success mattered, she identified gaps in life skills, emotional intelligence, and leadership development for educators. These observations shaped her vision for systemic, long-term change. She founded AIM – All Inspirational Mentors, a professional training initiative that empowers principals and teachers through modern pedagogy, classroom leadership, and positive school culture. Expanding her impact, she developed curriculum content, school books, and reflective learning journals integrating discipline, ethics, and self-awareness. Her commitment to social responsibility led to the creation of Arsh Group Trust and Arsh Inspiration, supporting education, mentorship, and value-based learning through community and digital platforms. About Kiteskraft Productions LLP: Kiteskraft Productions LLP, founded in 2019, is a leading organizer of national and international conferences and award ceremonies across education, business, healthcare, NGOs, and entertainment. ISO and MSME certified, it recognizes excellence, fosters collaboration, and delivers impactful events. Recognized by the Scholar's Book of World Records. Photo: https://mma.prnewswire.com/media/2901950/Kiteskraft_The_Power_List.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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