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July 15, 2026
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India-UK trade agreement enables tariff reductions, market access and digital trade facilitation for expanded cross-border commerce and investment.
India-UK Comprehensive Economic and Trade Agreement (CETA) entered into force, establishing tariff reductions, expanded market access and greater certainty for cross-border trade and investment. Its 30 chapters cover trade in goods and services, sanitary and phytosanitary measures, technical barriers to trade, digital trade, intellectual property and government procurement. Trade-facilitation and digital provisions are intended to improve cross-border commerce, while the framework supports bilateral business, investment and collaboration across services, manufacturing, technology and healthcare sectors.
July 15, 2026
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Equity market rebound follows softer United States inflation, supporting expectations of a less aggressive Federal Reserve policy stance.
Indian benchmark equity indices rebounded in early trading, supported by bank and selected large-cap shares after the preceding session's decline. Softer-than-expected United States consumer inflation strengthened expectations of a less aggressive Federal Reserve monetary-policy stance and supported global risk sentiment. Stronger United States equities, generally positive Asian markets, Brent crude movements and foreign institutional investor equity sales were identified as relevant market factors.
July 15, 2026
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Foreign exchange market conditions lifted the rupee early, but crude prices, investor outflows and geopolitical tensions restrained gains.
Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar, while elevated crude oil prices, foreign institutional investor outflows, higher US Treasury yields and West Asia tensions limited gains. A weaker dollar and positive domestic equity-market opening provided support. Intensified US-Iran conflict and risks to regional energy exports contributed to higher crude prices and dollar demand. Higher wholesale price inflation and growth in net direct tax collection formed part of the domestic economic backdrop.
July 15, 2026
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Proposed geopolitical tariffs would target major purchasers of Russian oil, alongside broad sanctions on Russia's economic sectors.
Proposed United States legislation would authorise tariffs of up to 100 per cent on India, China, Slovakia, Hungary and Azerbaijan as major purchasers of Russian oil. It also contemplates broad blocking sanctions affecting Russia's energy, financial and defence sectors and designated persons. The tariffs would be narrowly targeted and subject to restricted waiver authority, while certain European purchasers of Russian gas would be exempted based on limited dependence and efforts to reduce reliance on Russia.
July 14, 2026
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Video-conference statement request in PNB fraud case pending decision on approver plea, with prosecution reply sought
Purvi Modi, an accused in the Punjab National Bank fraud case, has sought permission to record her statement before the special CBI court through video conference. She has applied to become an approver, and the CBI has stated that her statement should be recorded before that application is decided. The court has sought the prosecution's response. Purvi Modi and her husband have already become approvers in a related money-laundering investigation conducted by the Enforcement Directorate.
July 14, 2026
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Rupee depreciation reflects crude oil pressures, safe-haven dollar demand, widening trade deficit, and rising global economic uncertainty
The Indian rupee depreciated against the US dollar amid higher crude oil prices, renewed geopolitical concerns, increased safe-haven demand for the dollar, and rising global bond yields. Higher crude prices increased India's dollar-denominated import requirements, widened the trade deficit, and intensified foreign-exchange outflows. Merchandise exports increased year-on-year, but the trade deficit widened because of stronger imports. Wholesale price inflation also rose, while net direct tax collections increased on account of higher corporate tax receipts.
July 14, 2026
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Advanced technology in banking requires cybersecurity, internal controls, fraud prevention, and safeguards against data misuse.
Banks were encouraged to use advanced technologies, including artificial intelligence, to expand their reach, improve operational efficiency, reduce costs, and enhance customer experience. This approach must be supported by robust cybersecurity, strong internal controls, and safeguards against fraud and misuse of data. The banking sector was also urged to serve all segments of the economy prudently, strengthen customer service, and consider developments involving the Central KYC Records Registry, counterfeit currency detection, MuleHunter, central bank digital currency, the Unified Lending Interface, Account Aggregator, FX Retail, and Retail Direct.
July 14, 2026
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Textile investment opportunities: Punjab promotes integrated value chains, single-window approvals, infrastructure, and export-focused industrial growth.
Punjab's industrial policy aims to attract textile investment, expand employment and exports, and provide an industry-friendly environment through time-bound approvals, single-window and single-pen systems, and reduced bureaucratic obstacles. Punjab is promoted as having a complete textile value chain covering cotton cultivation, spinning, yarn, fabrics, knitting, processing, garments, manufacturing and exports. Its investment ecosystem is described as offering power tariffs, land facilities, transparent approvals, infrastructure and the Right to Business Act, while industry participation is encouraged to strengthen innovation, exports and inclusive economic growth.
July 14, 2026
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Betting proceeds laundering allegations link layered transactions and asset acquisitions to the Mahadev online betting syndicate investigation
The Enforcement Directorate arrested Ebix Group chairman Vikas Garg under the Prevention of Money Laundering Act in an investigation concerning alleged laundering of proceeds from Mahadev Online Book and Skyexchange betting operations. The agency alleges that betting proceeds were routed through hawala entries, shell entities and layered transactions into entities owned or controlled by Garg, and used to acquire shares, securities and other assets. It further alleges that Garg acquired a controlling stake in EbixCash using such funds. The investigation concerns a franchise-based betting syndicate operating through multiple online platforms.
July 14, 2026
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Corporate tax growth strengthens direct tax collections, reflecting resilient profitability, advance tax payments, and improving compliance
Net direct tax collections rose by 16.40 per cent to over Rs 6.51 lakh crore up to July 13, driven mainly by a 22 per cent increase in net corporate tax collections. Net non-corporate tax collections also increased, while Securities Transaction Tax collections grew by 48 per cent. Gross direct tax collections rose by 16.11 per cent, and refunds increased by 14.57 per cent. The collection trend was associated with resilient corporate profitability, stronger corporate advance tax payments, continued compliance and increasing formalisation.
July 14, 2026
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PMLA territorial jurisdiction in homebuyer fraud permits concurrent forum competence where alleged proceeds were acquired and concealed across locations
Money-laundering proceedings arising from alleged cheating of homebuyers in a Gurugram real-estate project were transferred to the Special PMLA Court at Saket, Delhi, with prosecution continuing from its existing stage. The jurisdictional issue involved alleged acquisition of proceeds of crime at Gurugram and concealment of attached proceeds in Delhi, creating simultaneous jurisdiction for the PMLA courts at both locations. The underlying allegations include collection of funds before project licensing, fraudulent bookings, diversion of project funds, undervalued land transfers during insolvency, and diversion of public-sector bank loans.
July 14, 2026
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Forced-labour import ban strengthens trade controls, with DGFT inquiry procedures and government power to restrict identified goods.
The Foreign Trade Policy, 2023 prohibits the import of goods produced or manufactured, wholly or partly, through forced labour. The central government may prohibit specific goods where an inquiry or other relevant evidence indicates forced-labour production. The Directorate General of Foreign Trade will conduct inquiries under the procedure prescribed in the Handbook of Procedures, 2023. Forced labour is defined by reference to the ILO Forced Labour Convention, 1930, as work or service exacted under threat of penalty without voluntary offer by the person concerned.
July 14, 2026
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Police leadership reshuffle strengthens economic-offences investigations and reallocates senior officers across intelligence, security, and district policing
West Bengal reorganised its police leadership by transferring 28 IPS officers and five WBPS officers across investigative, intelligence, telecommunications, correctional, traffic, cyber and district-policing assignments. N R Babu became head of the Criminal Investigation Department while retaining additional charge of prisons, and Supratim Sarkar moved from the CID to Telecommunications. K Jayraman was appointed Director of the Directorate of Economic Offences in the context of the government's stated focus on alleged financial irregularities. Other changes included new leadership for the Special Task Force, Intelligence Branch, Bidhannagar Police, the Narayani Battalion and several districts, including revised postings in Baruipur following serious criminal incidents.
July 14, 2026
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Industrial collaboration platform combines policy advocacy, regulatory guidance and cross-border manufacturing partnerships to advance India's global industrial ambitions
BGIF is presented as a Swadeshi-oriented industrial collaboration and policy platform connecting businesses, policymakers, investors, technocrats and innovators. Its functions include policy advocacy, regulatory guidance, sector-specific insights, investment access, fundraising support, deal structuring and business expansion. The forum operates through domestic chapters and an international network, and reports engaging in freight-related policy advocacy, participating in pre-Budget consultations, and facilitating a memorandum of understanding between an Indian manufacturer and an overseas partner for manufacturing cooperation and technology exchange. Its roadmap includes further chapters, international partnerships, industry conclaves and policy dialogues.
July 14, 2026
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Integrated agricultural trade hub near Vadhvan Port aims to strengthen exports through cold chains, logistics, and transparent trading
Maharashtra has approved an international-standard agricultural market at Dapchari in Palghar district near the upcoming Vadhvan Port. Developed by the Maharashtra State Agricultural Marketing Board, the project will combine an international market, a market of national importance and Agricultural Produce Market Committees. Planned infrastructure includes wholesale and import-export facilities, cold chains, grading and packaging units, multimodal logistics, warehouses, testing laboratories, container terminals, railway siding, e-auctions and an export facilitation centre. The project aims to support transparent trading, post-harvest value addition, reduced losses and improved agricultural exports.
July 14, 2026
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Bilateral trade expansion with China coincides with a widening deficit, as India seeks greater market access and investment
Bilateral trade between India and China increased in the first half of 2026, while the trade imbalance widened in China's favour. Chinese exports included electronics, telecommunications equipment, semiconductors, batteries, machinery, computers, chemicals, plastics and polymers. Indian exports included minerals, refined fuels, chemicals, electronics, agricultural and marine products, metals, gems, jewellery and pharmaceuticals. India continues to seek improved Chinese market access for information technology, pharmaceutical and agricultural products, alongside greater Chinese investment in India. Discussions also focus on expanding the range of traded goods and applying consumer-protection mechanisms while enabling increased Indian exports.
July 14, 2026
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Language-policy challenges and religious-practice arrangements highlight legal developments alongside deportation reform and criminal investigation measures.
The Supreme Court sought responses on challenges to the CBSE three-language requirement for Class 9 students and directed that Muslims be provided a separate open space adjacent to the disputed Bhojshala site for Friday prayers. A special NIA court issued a non-bailable warrant against Hafiz Saeed in connection with an investigation into the Pahalgam terror attack. The United Kingdom initiated a legislative change intended to remove an obstacle to deporting a grooming-gang leader to Pakistan.
July 14, 2026
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India-Maldives FTA negotiations advance market access, investment facilitation and broader economic cooperation through eight technical sessions
The first round of India-Maldives Free Trade Agreement negotiations concluded after virtual, text-based discussions across eight technical sessions and eight policy areas. The parties made substantive progress and reached broad convergence on several issues. The proposed FTA is intended to enhance market access, facilitate investment, promote economic cooperation and support sustainable economic growth. Both sides are pursuing a broad-based, balanced and comprehensive agreement guided by fairness and reciprocity, while also seeking deeper cooperation in tourism, startups, digital payments, MSMEs and trade.
July 14, 2026
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Business excellence recognition highlights Explore Touristhub Holidays LLP's personalized travel planning, service quality, and customer-focused holiday experiences.
Explore Touristhub Holidays LLP received recognition as a leading travel agency for memorable holiday experiences. The recognition highlighted its personalized holiday planning, customer satisfaction, itinerary innovation, and contribution to India's travel and tourism sector. The company provides leisure holidays, corporate travel management, MICE services, educational tours, group departures, honeymoon packages, pilgrimage tours, and customized travel experiences. Its service approach emphasizes tailored itineraries, quality hospitality, safety, seamless execution, competitive pricing, reliable support, and assistance throughout the journey.
July 14, 2026
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Rupee depreciation reflects crude oil pressures, geopolitical uncertainty, safe-haven dollar demand, widening trade deficit, and rising inflation
The rupee depreciated against the US dollar amid higher crude oil prices, renewed geopolitical concerns and increased demand for safe-haven dollar assets. Rising crude prices increased India's dollar-denominated import burden and contributed to foreign exchange outflows and pressure on the domestic currency. India's exports increased year-on-year in June, but the trade deficit widened as imports, particularly crude oil imports, rose. Wholesale price inflation also increased, while net direct tax collections recorded year-on-year growth, primarily reflecting higher corporate tax collections.

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Chandigarh University Uttar Pradesh Introduces 17 New-Age Academic Programs in Emerging Domains to Nurture a Futuristic Workforce

July 4, 2026

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Cutting-edge programmes across Engineering, Management, Computer Applications,Liberal Arts, Sciences, Fashion and Law aim to prepare future-ready professionals,
CHANDIGARH, India, July 4, 2026 /PRNewswire/ -- Chandigarh University Uttar Pradesh, positioned as India's first AI-augmented multidisciplinary university, has introduced 17 new academic programmes from the 2026 academic session onward, including 5 postgraduate and 12 undergraduate courses across Engineering, Arts, Computer Applications, Sciences, Fashion, Law and Management. The expansion reflects the university's stated focus on aligning higher education with emerging industry needs and preparing students not only for degrees, but for technology-driven careers in a rapidly changing global environment.




Designed as a campus that seeks to reimagine learning in the age of machine intelligence, the university says the new programmes are intended to help students build future-ready skills, adapt to changing workforce requirements and access global career opportunities. The larger academic approach is built around multidisciplinary learning, AI integration and industry relevance.


In addition to launching new programmes, Chandigarh University Uttar Pradesh has expanded its industry-linked academic offerings through collaborations with AON for MBA in Strategic HR and Deloitte for BBA (Hons.) in Business Analytics. The university has also highlighted that it is already offering multiple industry-collaborative programmes with leading Indian and global partners in emerging domains.


New Programmes Across Key Domains
Engineering and Technology
To address growing demand in advanced technology and automation, the university has introduced B.Tech in Aerospace Engineering, B.Tech in Robotics and Automation, and B.Tech (Hons.) CSE in IoT and AI. These programmes are designed to expose students to areas such as artificial intelligence, automation, robotics, smart systems and next-generation technologies.


The Aerospace Engineering curriculum is designed to include advanced themes such as machine learning, deep learning and digital twins, while integrating mechanical, electrical, electronics and computer engineering to support the development of smart machines and automated systems. The B.Tech (Hons.) CSE programme in IoT and AI is aimed at building capabilities in interconnected systems, data analytics, embedded systems and Industry 4.0 applications. The M.Tech in Computer Science and Engineering (Data Science) is intended to strengthen advanced skills in big data, machine learning, predictive modelling and applied data analysis.


Management and Business
The university has also introduced an MBA in Human Resources with a focus on developing professionals who can align people strategy with organisational goals and respond to evolving workplace challenges. The programme is designed to emphasise experiential learning, industry engagement and practical exposure to tools such as R, SQL, Python and Tableau, while familiarising students with AI-driven business applications.


Computer Applications and AI
In response to rising demand for digital and AI-enabled careers, Chandigarh University Uttar Pradesh has launched BCA in AI and Machine Learning and MCA in Data Science. These programmes are positioned around machine learning, data analytics, cloud technologies, full-stack programming and AI applications, with exposure to tools and frameworks such as Python, TensorFlow and PyTorch. The MCA in Data Science is intended to combine conceptual depth with practical learning through datasets, live projects, analytics training, research and innovation exposure.


Liberal Arts and Psychology
The newly introduced BA (Hons.) Liberal Arts and BA (Hons.) Psychology programmes are aimed at strengthening critical thinking, communication, behavioural understanding and social awareness. The Liberal Arts curriculum is intended to support human-centred thinking in an AI-enhanced environment, while the Psychology programme is designed to cover areas such as clinical psychology, developmental psychology, neuropsychology and counselling, alongside contemporary themes including social media psychology, AI and psychology, and cyber psychology.


Hospitality, Aviation and Hotel Management
The university has also expanded into service-sector education with B.Sc. programmes in Hospitality and Hotel Management and Airlines and Airport Management. These programmes are designed to prepare students for opportunities in hospitality, customer service, travel, aviation and airport operations through practical and industry-oriented learning.


Science and Research
Recognising growing opportunities in research and health sciences, Chandigarh University Uttar Pradesh has introduced B.Sc. Microbiology and M.Sc. Biotechnology. The Biotechnology programme is positioned as a research-focused postgraduate course with emphasis on genomics, molecular biology, bioprocess technology and bioinformatics, while the Microbiology curriculum is designed to connect core scientific learning with practical application.


Legal Studies
To strengthen advanced legal education, the university has introduced a one-year LL.M. programme with specialisation pathways in constitutional law, business law, criminal law and human rights. The programme is intended to prepare graduates for roles in legal practice, academia, judiciary-related work, corporate advisory and policymaking.


Broader Academic Vision
Through these 17 newly introduced programmes, Chandigarh University Uttar Pradesh is seeking to position education as more than a degree-granting exercise. The broader institutional objective is to connect academic learning with employability, technology adoption, industry exposure and global readiness. In an environment where employers increasingly value adaptability, digital fluency and practical capability, such programme expansion reflects the growing shift toward future-oriented higher education.


Jai Inder Sandhu, Managing Director Chandigarh University Uttar Pradesh said, "After getting over whelming response in first academic year itself, India's first AI-Augmented Multidisciplinary University, Chandigarh University Uttar Pradesh has introduced 17 new academic programs from 2026 academic session, This New age industry aligned programs would be instrumental in nurturing future ready workforce in Emerging domains."
The launch of these programmes reflects a larger attempt to align higher education with the realities of an economy increasingly shaped by artificial intelligence, data, automation and multidisciplinary problem-solving. By expanding options across technology, management, sciences, humanities and law, the university aims to create a wider talent base for emerging industries in India and beyond.


About Chandigarh University Uttar Pradesh (Lucknow)
Envisioned to foster a culture of sustainability and empower future global leaders, Chandigarh University, Uttar Pradesh, immerses 21st-century learners in a personalised and experiential learning experience, integrating an AI-powered academic model and a multidimensional, futuristic perspective on education. Our Uttar Pradesh campus carries forward the venerable legacy of more than a decade of Chandigarh University, Punjab, which has established itself as India's No. 1 Private University and a torchbearer of groundbreaking pedagogy and research-driven innovation. The AI-augmented new campus offers a broad spectrum of industry-driven futuristic academic programs encompassing data-driven insights, virtual reality experiences, real-world simulations, corporate mentorship, international perspective, interdisciplinary research, cultivation of entrepreneurial spirit, and professional competencies.


Website address: https://www.culko.in/
Photo: https://mma.prnewswire.com/media/3003993/Chandigarh_University_Lucknow_Campus.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 PWR

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