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    No real spike in petrol, diesel prices in India despite global crude oil market volatility: Puri
    BCBA Hosts Landmark Second Edition of The India Logistics Conclave 2026 at The Taj Mahal Palace, Mumbai
    HSBC INDIA OPENS NEW BRANCH IN SURAT TO SUPPORT WEALTH EXPANSION
    DBS Global University Achieves Record Placements with Sector-Diversified Strategy
    SC junks bizman's plea challenging legality of ED searches in TASMAC case
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    Minutes of the Monetary Policy Committee Meeting, June 3 to 5, 2026 [Under Section 45ZL of the Reserve Bank of India Act, 1934]
    Bharat Buildcon 2026 Day Two Witnesses Strong Business Momentum; Global Buyers, Industry Leaders and Policymakers Drive High-Value Engagements
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    June 20, 2026
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    Fuel pricing stability remains despite crude volatility as excise duty cuts and inventory effects cushion consumers.
    Petrol and diesel prices in India have not materially increased despite volatility in global crude oil markets, with the government saying excise duty reductions absorbed much of the pressure. The statement says oil marketing companies have faced losses without passing the full burden to consumers, and that fuel prices may soften when lower-priced crude reaches refiners. It also highlights India's economic growth, Sonbhadra's development progress, and Uttar Pradesh's expansion in industry, employment and tourism-linked infrastructure.
    June 20, 2026
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    Logistics ecosystem collaboration drives India's trade facilitation agenda at the India Logistics Conclave 2026.
    The Brihanmumbai Custom Brokers' Association hosted the second edition of the India Logistics Conclave 2026 in Mumbai, bringing together more than 550 delegates, government leaders and industry participants from the customs, ports, shipping, trade and logistics sectors. The conclave featured sessions on the roadmap for India's long-term development, the digital backbone of customs and trade, geopolitics and trade, and policy and infrastructure for a futuristic logistics ecosystem.
    June 20, 2026
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    Wealth banking expansion drives HSBC India's new Surat branch, strengthening services for affluent and non-resident clients.
    HSBC India opened a new branch in Surat, Gujarat, to strengthen its presence in an emerging wealth and industrial centre and expand services for affluent, HNW, UHNW and non-resident Indian customers. The launch forms part of the bank's broader wealth strategy in India and follows Reserve Bank of India approval in 2025 to open additional branches in key cities. HSBC India said the branch is intended to support a growing customer base in emerging wealth hubs and its continued branch network expansion across India.
    June 20, 2026
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    Sector-diversified placement strategy strengthens recruiter confidence and broadens student opportunities across multiple industries.
    DBS Global University reported a placement season driven by a sector-diversified recruitment strategy intended to reduce dependence on any single industry amid broader hiring slowdowns, especially in IT and banking. The placement team expanded relationships across core and emerging sectors, using placement intelligence, alumni networks and a curriculum aligned to industry needs to maintain recruitment momentum across a wider employer base. Placements were described across IT, FMCG, cement, home construction, retail, edtech, logistics, banking, consulting, NBFC, insurance, ecommerce and manufacturing, with roles in leadership, supply chain management, operations and brand management.
    June 20, 2026
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    Enforcement Directorate searches and seizure proceedings in a TASMAC-linked money-laundering probe faced challenge over their legality.
    Challenge to the legality of Enforcement Directorate searches and seizure proceedings at a businessman's residence in a money-laundering probe linked to TASMAC. The plea sought quashing of searches conducted on multiple dates, but the High Court had declined to examine their validity at that stage. The Supreme Court upheld that approach and did not entertain the challenge to the searches.
    June 20, 2026
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    Luxury rug selection in India favors handmade craftsmanship, bespoke customization, and durable natural materials for homes and hotels.
    Luxury rug and carpet selection in India is presented as a matter of craftsmanship, material quality, customization, and project suitability, with handmade and hand-knotted products positioned as superior to machine-made alternatives for durability, design flexibility, sustainability, and long-term value. The guide identifies The Ambiente as the leading luxury rug brand, emphasizing bespoke handmade rugs from Bhadohi, strong customization, premium materials, and suitability for homes, villas, hotels, and corporate spaces.
    June 20, 2026
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    Monetary policy status quo amid energy shocks, with repo rate unchanged and neutral stance retained as inflation risks build.
    The Monetary Policy Committee reviewed global and domestic macroeconomic conditions amid prolonged West Asia conflict, elevated energy prices, supply-chain disruptions, and weather-related risks. It unanimously kept the policy repo rate unchanged at 5.25 per cent and retained the neutral stance, while the standing deposit facility rate, marginal standing facility rate, and Bank Rate remained unchanged. The minutes project real GDP growth at 6.6 per cent for 2026-27 and CPI inflation at 5.1 per cent, with continued vigilance on energy pass-through, food prices, and inflation expectations.
    June 20, 2026
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    Building materials trade and export linkages gain momentum as Bharat Buildcon 2026 connects global buyers and manufacturers.
    Bharat Buildcon 2026 highlighted the expansion of India's building materials and construction sector through a large-scale exhibition, business networking platform and industry conference programme bringing together domestic and international buyers, manufacturers, policymakers and trade stakeholders. The event featured buyer-seller meetings, product showcases and knowledge-sharing sessions aimed at strengthening export linkages, market access and business collaboration across categories such as ceramics, tiles, sanitaryware, bathware, hardware, plywood, laminates, paints, construction chemicals, machinery and building technologies. The exhibition also underscored policy and infrastructure themes linked to water conservation, sustainable infrastructure development, real estate growth, industrial expansion and urbanisation. Discussions referenced government-led development initiatives and the broader role of manufacturing, logistics, hospitality, transportation and services in supporting industry growth.
    June 20, 2026
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    Trade expansion and non-tariff barrier review shape India-Uzbekistan cooperation across sectors, digital systems and logistics.
    India and Uzbekistan agreed to deepen bilateral trade, address non-tariff barriers and work towards doubling trade over the next three years through the India-Uzbekistan Intergovernmental Commission on Trade, Economic, Scientific and Technological Cooperation. The parties discussed expansion of Indian exports across multiple sectors, priority cooperation in pharmaceuticals and agriculture, and wider collaboration in ICT, digital infrastructure, customs data exchange, payment systems, energy and critical minerals. Non-tariff barriers, logistics connectivity and business engagement were identified as key areas for review and implementation.
    June 20, 2026
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    Anti-money laundering leadership strengthens as India assumes FATF Vice-Presidency for the first time.
    India has assumed the Vice-Presidency of the Financial Action Task Force for the first time, with Shri Vivek Aggarwal appointed for the term July 2026 to June 2027. The Vice-President is elected by the FATF Plenary and assists the President in steering the organisation's work. The appointment places an Indian official in a key role within the global standard-setting body for anti-money laundering and counter-terrorist financing.
    June 20, 2026
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    Audit quality and financial reporting standards drive NFRA-ICAI workshop focus on professional capacity and global competitiveness.
    NFRA, in collaboration with ICAI, organised a workshop in Pune to enhance professional capacity for audit practitioners, strengthen audit quality and improve the quality of financial reporting. The programme focused on the role of the accountancy profession in safeguarding public interest and maintaining trust in financial reporting, while urging audit firms, including small and medium practitioners, to align with contemporary global standards and continuously improve competence.
    June 20, 2026
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    MSME-led trade expansion drives Uttar Pradesh's BRICS exports, with industrial support schemes linking artisans, youth and global markets.
    Uttar Pradesh reported expanding trade links with BRICS member and partner countries, with exports of machinery, garments, leather, carpets and precious stones crossing USD 5.36 billion in 2025-26. The state also highlighted the MSME sector as a driver of employment and growth, along with the One District One Product scheme, Vishwakarma Shram Samman Yojana, youth entrepreneurship support through interest-free, guarantee-free loans, and MSME parks under the PLEDGE scheme.
    June 19, 2026
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    NCLT asset takeover follows declaration of illegal entity, with property vested and encroachment warned against.
    NCLT has taken over the assets and properties of the Sirajul Uloom Welfare Foundation after it was declared an illegal entity, with all properties vested in the National Company Law Tribunal, Chandigarh. The order warns that interference with, encroachment upon, or trespass over the properties would violate the tribunal's directions and attract action under the relevant legal provisions.
    June 19, 2026
    Show AI Summary
    Fresh litchi export facilitation boosts Uttarakhand growers and opens European market access through coordinated export support.
    Facilitation of the first-ever export consignment of fresh litchis from Uttarakhand to Italy marked the State's entry into the European market. The inaugural shipment of one metric tonne of Dehradun litchi was dispatched from Dehradun, with the export covering varieties such as Rose Scented, Calcuttia and Bedana cultivated in the Dehradun, Haridwar, Nainital and Udham Singh Nagar districts. The export initiative provided a financial boost to local growers, with farmers reportedly securing prices nearly 25 per cent higher than prevailing domestic market rates.
    June 19, 2026
    Show AI Summary
    Regulatory and market updates include buyback reforms, IPO approvals, RBI caution on rates, and food safety notices.
    Employment incentives were disbursed under Pradhan Mantri Viksit Bharat Rozgar Yojana, with support extended for new jobs and the employment count under the scheme reported as having crossed 70 lakh. Sebi approved the reintroduction of share buybacks through stock exchanges, allowed open-market repurchases from August 1, and capped the execution period at 66 working days. The RBI Monetary Policy Committee maintained a wait-and-watch stance on interest rates amid uncertainty over inflation and growth. Food safety notices, forex reserve data and market updates were also reported.
    June 19, 2026
    Show AI Summary
    Share buyback framework returns through stock exchanges with tighter execution limits and simpler market access rules.
    Sebi approved the reintroduction of share buybacks through stock exchanges, allowing companies to repurchase their own shares through regular trading mechanisms without a dedicated buyback window, with the execution period capped at 66 working days. The board also eased mutual fund borrowing norms, simplified securities transmission procedures, approved a green-channel mechanism for AIFs, strengthened governance and disclosure requirements for Sebi members and employees, and cleared amendments to frameworks for SDIs and municipal debt securities.
    June 19, 2026
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    Market access for tribal farmers takes centre stage as NABARD promotes organically grown mangoes and buyer linkages.
    Market access for tribal farmers was promoted through a mango festival organised by NABARD in Ranchi, featuring naturally grown, export-quality mangoes sourced from NABARD-supported tribal farmers. The initiative was linked to NABARD's Tribal Development Fund and farmer-producer organisations, and was intended to connect farmers with premium domestic and international buyers, including exporters and food processing companies, for organically grown produce.
    June 19, 2026
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    FEMA investigation over alleged unauthorised crypto-based cross-border transfers and RBI unauthorised payment services
    Enforcement Directorate initiated a FEMA investigation against five Bengaluru-based companies alleged to have used cryptocurrency and virtual digital assets for cross-border money transfers without authorisation from the RBI. The allegations concern online advertising of instant crypto-based conversion and transfer services, including buying, selling and swapping cryptocurrency for global remittances, and search operations at multiple premises in Karnataka. The probe also refers to alleged circumvention of FEMA regulations through OTC deals, shell entities and foreign-based crypto platforms, along with restraint orders on certain bank accounts.
    June 19, 2026
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    Foreign exchange controls tighten as Sri Lanka moves to closely monitor imports and curb leakages.
    Sri Lanka is introducing a new regulatory framework to closely monitor imports in order to prevent foreign exchange leakages. The measure is directed at tighter oversight of import activity and is intended to curb outflows of foreign currency through the trade channel. The stated focus is on enhanced monitoring and compliance control over imports as part of broader foreign exchange management.
    June 19, 2026
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    Monetary policy wait-and-watch approach prevails as inflation, growth and external shock uncertainties keep rates unchanged.
    The Monetary Policy Committee maintained the benchmark policy rate and neutral stance, adopting a wait-and-watch approach amid heightened uncertainty over inflation and growth. Members cited the West Asia conflict, supply-chain disruptions, monsoon variability, and possible energy and food price pressures as factors making near-term projections unstable. The neutral stance was described as preserving operational flexibility to respond to changing macroeconomic conditions.

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      DBS Global University Achieves Record Placements with Sector-Diversified Strategy

      June 20, 2026

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      Average Package increasing by 15% to ₹8.7 LPA with an increase in the top 20% package by 23% up to ₹13.47 LPA & a Highest Package of ₹40 LPA
      Dehradun, Uttarakhand – June 2026 - DBS Global University is writing a success story in a year when news headlines pointing to ‘frozen hirings in IT’ or ‘cautious recruitment in banking sector’ surged all over the media platforms. Sector-focused strategy, placement intelligence, and the relentless pursuit of student’s career success powered placements at the university.


      The university's 2025-26 placement season has delivered results extraordinarily. The average package stands at ₹8.7 LPA, with the top 20 percent of graduates securing ₹13.47 LPA, and the highest package crossing ₹40 LPA. These are the numbers that reflect not academic merit alone, but a deliberate institutional approach to an unshakeable placement architecture. The overall number of offerings at DGU increased by 84% as the number of companies visiting the campus increased by 32%.


      A Strategy Built Across Successful Sector-Wide Placement to Address Uncertainty in the Job Market
      The broader job market began slowing down, particularly in IT, where mass layoffs made global news, and in banking, where hiring volumes softened during the last financial year. It impacted the placement ratio heavily, nationwide. Amidst the prowling fear in the job market, DBS Global University stood tall among many top universities in India that followed a sector-focused approach and strategized placements. The placement team pivoted early, reinforcing a sector-diversified recruitment model designed to shield students from the volatility of any single industry.


      "We don't rely on one sector to carry our results," said a senior placement official. "Our strategy is built around ensuring that a slowdown in one domain never becomes a crisis for our students."
      This hedge proved effective. While peers dependent on IT-heavy recruitment felt the pinch, DBS Global University maintained placement momentum by deepening relationships across core and emerging sectors simultaneously.


      Core Sectors Step Up and Deliver
      The most remarkable story of this season is the focus on core sector placements. DBS Global University successfully placed students in a diverse mix of sectors inviting top IT companies (Wipro, Tech Mahindra, HCL Tech, Infosys), FMCG companies ( ITC, Mother Dairy, Dabur), cement companies (ACC cement, Adani cement, UltraTech cement, JK cement), & home construction companies (Asian Paints, Somany Tiles, Johnson, & Saint-Gobain).


      Students received placement in multiple sectors including retail, edtech, logistics, banking, consulting, NBFC, insurance, ecommerce and manufacturing.


      DBS Global University has built relationships with the top recruiters who recruit from the topmost private universities in India. In each of these verticals, 4 out of the top 5 companies in each sector recruit from DGU’s campus every year. That is not a mere coincidence! It is the outcome of sustained engagement, alumni networks, and a curriculum aligned to real industry needs that has put DBS Global University in the premium recruiting tier.


      These sectors offered quality with volume. Companies in building materials and consumer goods recruited students for roles in leadership, supply chain management, operations, and brand management. These are the key areas where DBS Global University graduates have consistently proven their worth.


      Top Companies, Across Every Sector
      The IT and banking slowdown tested campuses nationwide. At DBS Global University, the response was to double down on what was already working and to go even deeper.


      This consistency from top-tier recruiters across sectors signals, “employers across industries trust the talent pool of the university, regardless of the economic climate in any one domain.”
      Students at the Centre of Placement Strategy
      Behind every package figure is a student whose professional journey has been strategized based on a sector-wide plan. The placement team's segment-wise focused approach created better fits, stronger offer retention, and higher job satisfaction.


      For DBS Global University, placements are not just a metric to be managed. They are the culmination of years of investment in a student's career cycle.


      Industries evolve and the hiring equation continues to change but DBS Global University remains committed to place future-ready graduates with the top recruiters.


      For placement data and recruiter information, visit: https://dgu.ac.in/placement-reports
      (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

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