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August 22, 2026
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Beginner stock market investing requires regulated accounts, risk-aware financial planning, diversification and informed company assessment before purchasing securities.
Beginner stock market investing requires a bank account, a trading or broking account with a SEBI-registered broker, and a Demat account for electronic holding of securities. Investments involve risk of loss and should align with financial goals, time horizon and loss-bearing capacity. Investors should understand primary and secondary markets, distinguish long-term investing from short-term trading, assess companies before purchase, diversify holdings, consider charges, maintain records and avoid borrowed-money investing, rumours and momentum-driven decisions.
August 22, 2026
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Capacity-based tobacco taxation targets undeclared packing machinery used for clandestine production and clearance without indirect tax payment.
Clandestine manufacture and clearance of pan masala, scented jarda and tobacco products without registration or payment of GST, HSNS Cess and central excise duty was detected through an intelligence-led search. Undeclared Form-Fill-Seal packing machines, workers, finished goods, raw materials, transport vehicles, packing materials and records indicated unaccounted production and clearance. Capacity-based monthly HSNS Cess for pan masala is computed according to the number, type and capacity of installed packing machines, while a corresponding capacity-based central excise levy applies to chewing tobacco, jarda and gutkha.
August 22, 2026
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Trade exhibition connects Korean exporters with Indian buyers through sector-specific consultations and certification guidance for market entry.
KoINDEX 2026 is a business-to-business trade exhibition bringing Korean manufacturers and exporters together with buyers in India and South Asia. It focuses on beauty and personal-care products, processed and functional foods, and construction, building and safety products. Commercial engagement includes pre-matched export consultations with project owners, contractors, distributors, wholesalers, e-commerce platforms and food distribution businesses. A seminar addresses Bureau of Indian Standards certification and market-entry requirements for Korean products entering the Indian market.
August 22, 2026
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Independent PMLA proceedings require separate anticipatory bail assessment; predicate-offence protection alone cannot establish pre-arrest protection.
Protection in a predicate-offence FIR does not automatically extend to independent PMLA proceedings. Anticipatory bail in a money-laundering investigation must be assessed under the applicable PMLA condition and on the material connecting the applicant to alleged proceeds of crime. Relevant considerations include the financial trail, recorded statements, bank-account analysis, compliance with summonses, cooperation with inquiry, and the need for personal participation in evidence collection and confrontation with documentary and digital material.
August 22, 2026
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Financial accessibility for Divyangjans requires compliance standards, practical implementation measures and stronger institutional capacity across financial services.
Accessibility of financial services for Divyangjans was examined through a workshop focused on public sector banks, insurance companies, regulators and public financial institutions. Discussions covered accessibility standards, compliance requirements, legal provisions, practical implementation challenges and institutional best practices under the Sugamya Bharat initiative. Participants considered operational measures to strengthen institutional capacity, inclusivity and equitable access to financial services.
August 22, 2026
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Audit quality enhancement for small and medium auditors emphasises technology, global standards, inspection insights and stronger financial reporting.
Audit quality and financial reporting reliability were the focus of NFRA's outreach programme for small and medium audit firms. The programme promoted professional capacity-building, alignment with contemporary global standards, adoption of appropriate audit technology, and the public-interest role of the accountancy profession. Technical sessions covered audit strategy documentation, risks of material misstatement, and practical lessons from audit-firm oversight to support improved day-to-day audit practice and high-quality financial reporting.
August 22, 2026
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Cartelisation by agro-input dealer associations attracted monetary sanctions, cease-and-desist directions, and mandatory competition-compliance training for responsible officials.
Cartelisation by the two agro-input dealer associations and named individuals contravened Section 3(3)(b) read with Section 3(1) of the Competition Act, 2002. Monetary sanctions were imposed, and association office-bearers were held liable under Section 48. The parties and liable officials were directed to cease and desist from future anti-competitive conduct and to organise competition-compliance training to promote awareness and compliance within the associations.
August 22, 2026
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Circular economy partnerships promote resilient value chains, resource efficiency and sustainable growth alongside evolving India-EU trade integration.
India-Finland circular economy cooperation is being developed through business, technology, investment and commercial partnerships supporting resource-efficient and sustainable growth. Discussions focused on competitive and resilient value chains based on circularity, traceability, resource efficiency and sustainable business practices. Circular economy principles extend beyond waste management into product design, value chains, resource use, skills development and new business models. The India-EU free trade agreement remains subject to legal review and formal ratification and is not yet in force.
August 22, 2026
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Bid rigging through pre-bid exchange of sensitive price information attracted penalties and cease-and-desist directions in tyre procurement.
Bid rigging in tyre procurement was established where Rekha Agencies and SS Marketing exchanged commercially sensitive price-bid information before submitting bids for the Himachal Pradesh Tender 2013. The concerted conduct contravened the prohibition on anti-competitive agreements and bid rigging. Monetary penalties and cease-and-desist directions were imposed on both enterprises. An official of Rekha Agencies was also penalised for liability arising from the contravention, while proceedings against the official of SS Marketing stood abated following his death.
August 22, 2026
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Import tariffs on Canadian products trigger potential retaliatory levies after bilateral negotiations fail to reach agreement.
Import tariffs on Canadian products are set to be imposed by the United States at a 50% rate after bilateral negotiations did not produce an agreement. The measures cover products including hockey sticks and tongue depressors and affect a limited share of Canada's annual exports to the United States. Canada has indicated possible retaliatory levies, intensifying the bilateral trade dispute.
August 21, 2026
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Rupee exchange-rate movement reflected geopolitical tensions, crude oil conditions and market intervention, while export payment rules expanded rupee invoicing.
Foreign Trade Policy amendments facilitate export invoicing and receipt of payments in Indian rupees. For exports to countries outside the Asian Clearing Union, export contracts and invoices may be denominated in Indian rupees or any foreign currency. The earlier general requirement that export earnings be received in a freely convertible currency is thereby eased, while applicable rules continue to vary according to destination.
August 21, 2026
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Non-controlling land-bordering country ownership permits eligible foreign investment through the automatic route, subject to sectoral conditions and reporting.
Foreign direct investment may use the automatic route where non-controlling beneficial ownership from a land-bordering country in the investor entity does not exceed 10%, subject to sectoral caps, entry routes and other applicable conditions. The beneficial ownership test applies at the investor-entity level. Eligible investors need not obtain separate prior Government approval after reporting relevant information to the Government. The framework replaces the earlier approval requirement applicable even to minimal beneficial ownership from land-bordering countries.
August 21, 2026
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Climate-resilient urban water security modernises Chennai's supply and sanitation systems through ring-main infrastructure, digital monitoring, and safer sewer operations.
Chennai Climate-Resilient Water Security and Sewerage Project modernises and expands water supply and sanitation infrastructure through a loan arrangement between the Government of India and the Asian Development Bank. Measures include new pipelines, upgraded pumping stations, performance-based utility operations, and a comprehensive ring-main system to improve water-pressure balance, distribution efficiency, reliability and climate resilience. Digital monitoring and advanced blockage-detection technology are intended to improve operational decisions, customer responsiveness and worker safety while eliminating hazardous manual sewer inspections.
August 21, 2026
Show AI Summary
Capacity-based taxation targets undeclared pouch-packing machinery used for clandestine pan masala and tobacco production and untaxed clearances.
Capacity-based taxation of pan masala and specified tobacco products is determined by the number, type and capacity of installed pouch-packing machines. Searches at interconnected manufacturing and trading premises detected unregistered operations using undeclared machinery for clandestine manufacture and clearance of pan masala, scented jarda and gutkha without payment of GST, HSNS cess and central excise duty. Finished goods, raw materials, packing materials and machinery were seized. The manufacturing firm's proprietor was prima facie identified as managing the operation and was arrested under the applicable cess and central excise laws.
August 21, 2026
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Technology risk oversight requires Urban Co-operative Banks to retain accountability while building shared and role-specific capabilities.
Urban Co-operative Banks must strengthen digital and risk-management capabilities as technology dependence exposes them to cyber threats, fraud, service-provider failures and common-platform vulnerabilities. Outsourcing critical systems does not transfer the bank's responsibility for oversight, safeguards and continuity. Boards and senior management must retain sufficient knowledge to supervise external providers effectively. Mission SAKSHAM supports role-specific, continuous capability building through physical and online learning, while collective infrastructure and shared expertise can supplement individual institutional capacity.
August 21, 2026
Show AI Summary
Foreign exchange market modernisation prioritises delegated decisions, customer transparency, digital workflows, local-currency settlement and accountable risk management.
Foreign exchange market modernisation advances a facilitative, principles-based framework based on delegated decision-making by Authorised Dealers, risk-based reporting, and customer-centric service standards. Authorised Dealers must apply clear internal policies, avoid unnecessary documentation, disclose charges, timelines and grievance mechanisms, and ensure consistent treatment of comparable transactions. Local-currency settlement requires viable trade corridors, competitive hedging, correspondent relationships and robust AML/CFT controls. Digital workflows, electronic trading and reporting infrastructure should improve transparency and resilience, while automated tools remain subject to explainability, review and data-protection safeguards.
August 21, 2026
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Sugar price containment measures restrict stockholding, permit duty-free imports, and strengthen inventory verification to deter hoarding.
Sugar price containment measures include stock limits for dealers, consumption-based inventory restrictions for bulk consumers, duty-free raw sugar imports, and physical verification of mill stocks to prevent hoarding and artificial scarcity. Price increases are attributed to lower domestic output, festive demand, crop damage, tighter global supplies, and speculation rather than sugar diversion for ethanol. Earlier crushing is advised to improve seasonal availability, while the ethanol programme supports management of sugar surpluses, mill liquidity, and timely sugarcane payments.
August 21, 2026
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Cross-border insolvency enforcement constrains asset recovery as Evergrande liquidation, founder asset confiscation, and audit-related claims continue.
Evergrande's insolvency process involves liquidation proceedings for its mainland property-development unit and its Hong Kong-listed holding company. Cross-border recovery is constrained by separate Hong Kong and mainland China legal systems, particularly because most operational assets are located in mainland China. Liquidators are pursuing asset-tracing and recovery measures against the founder and connected persons, as well as claims concerning pre-collapse audits. Investigations identified revenue overstatement through manipulated financial data. Creditor recoveries are expected to be limited due to substantial liabilities and constraints on asset realisation.
August 21, 2026
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Foreign exchange reserves rose through higher currency assets and gold holdings amid measures to attract external forex inflows.
India's foreign exchange reserves increased during the reporting week, led by higher foreign currency assets and gold reserves. Foreign currency assets include the dollar-value effects of movements in non-US currencies held as reserves. Special drawing rights declined marginally, while the reserve position with the International Monetary Fund increased marginally. Concessional swap arrangements formed part of measures to attract foreign-exchange inflows, while earlier reserve movements were linked to rupee pressure and dollar-sale intervention in the foreign-exchange market.
August 21, 2026
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Incremental tariff recovery aligns airport user charges with completed infrastructure, preventing passengers from funding non-operational capital projects prematurely.
User development fees and airport tariffs for Bengaluru International Airport have been revised for the April 2026 to March 2031 control period. The incremental Average Revenue Requirement framework excludes costs of identified high-value capital projects from tariffs until the relevant assets are completed, commissioned and available for users. Incremental tariff recovery may begin only upon operational availability, aligning charges with infrastructure use, reducing premature recovery risk for passengers and airlines, and encouraging timely completion of major capital works.

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ISTITUTO MARANGONI MUMBAI PRESENTS ITS 2026 STUDENT SHOWCASE — ‘ASTITVA’

July 23, 2026

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Mumbai, July, 2026: On Saturday evening, 18th July 2026, Istituto Marangoni Mumbai, the renowned Italian fashion and design school, unveiled 'Astitva’, its annual student showcase featuring the work of its second-year Fashion Design students. More than a fashion presentation, the showcase brought together deeply personal narratives expressed through contemporary fashion, celebrating the journeys, experiences and perspectives that shape each designer's creative voice.

Derived from the Sanskrit word meaning identity or existence, ‘Astitva’ invited audiences to reflect on the many influences that define who we are. Through nine distinctive collections, students explored themes ranging from memory and family to resilience, grief, heritage and transformation, demonstrating how fashion can become a powerful medium for personal storytelling.

Inspired by Mumbai — a city where cultures, traditions and aspirations coexist — the showcase reflected the dialogue between heritage and modernity, intimacy and ambition. This year’s runway installation echoed that spirit, juxtaposing raw industrial materials with reflective surfaces and sculptural lighting to create an immersive environment where fashion, architecture and emotion converged.

“With Astitva, our students have demonstrated that great design begins with authenticity,” said Mr. Tarun Pandey, COO — Istituto Marangoni, Mumbai. “This year's showcase is a celebration of identity, not as something fixed, but as something continually shaped by memory, culture, lived experience and transformation. Each collection reflects a deeply personal journey while speaking to universal ideas of belonging, resilience and self-discovery. At Istituto Marangoni Mumbai, we encourage our students to look inward before they look outward, because the strongest creative voices are those rooted in individuality. As they graduate into an increasingly global fashion landscape, Astitva is a testament to their ability to translate personal narratives into contemporary design with confidence, purpose and originality” he added.

The collections showcased at Astitva reflected the culmination of each student's creative evolution at Istituto Marangoni Mumbai, nine emerging designers unveiled three looks each, translating deeply personal narratives into distinctive contemporary fashion expressions. Rooted in themes of identity, belonging and transformation, the showcase celebrated not only technical excellence and creative innovation, but also the emergence of a new generation of designers ready to contribute to the global fashion conversation.

The students who showcased their collections at ‘Astitva’ were [in alphabetical order]: 1. Anshika Yadav [Ecdysis]: The collection explores transformation through the symbolic journey of a bird, tracing five stages—origin, expectation, conflict, struggle and liberation. As the bird evolves from nest to flight, it becomes a metaphor for human growth, resilience and the pursuit of self-definition.

2. Anushka Puranik [Anchors of Immanence]: The collection explores how family remains as anchor despite physical distance. Inspired by the balance between isolation and support, it translates their presence into life-sustaining elements of nature. Structured silhouettes and layered forms reflect a deeply personal journey of finding strength, stability and belonging, even from afar.

3. Diya Gupta [Unfinished Rooms]: Inspired by the designer’s childhood room, Unfinished Rooms explores how the spaces we grow up in continue to shape us. Though the room remains unchanged, she has evolved within it. The collection reflects a journey of quiet growth, self-discovery and becoming—where unfinished is not incomplete, but a state of continual transformation.

4. Drishti Bachwani [Alexithymia]: Inspired by the psychological condition that makes it difficult to identify and express emotions. It reflects her experience of carrying countless thoughts and feelings that rarely find words. Through this collection, the designer explores the disconnect between what she feels and what she shows—a deeply personal expression of everything I've kept inside.

5. Natalia Kumar [Inheritance Adorned]: Inspired by Indian jewellery and precious gemstones, Inheritance Adorned traces the evolution of adornment through five acts—from innocence to quiet radiance. Rooted in the bridal world, each ensemble explores how ornament transforms into an expression of identity, memory and personal evolution.

6. Paarvi Khullar [Learning to Breathe Again]: The collection draws from the designer’s journey through anxiety, self-doubt and emotional loss over the past two years. Inspired by the feeling of holding everything in, it traces a gradual path towards healing, vulnerability and self-acceptance.

7. Pallavi Singh [REVIVE]: Inspired by the resilience of Kutch after the 2001 Bhuj earthquake, REVIVE celebrates the revival of Bhujodi weaving, Ajrakh block printing and Kumaoni hand-knitting. Reimagined through contemporary winter wear, the collection honours India's living craft traditions and the communities whose determination continues to preserve them.

8. Tarini Kakar [La Révolution]: Inspired by the phrase, “From dust you are and to dust you shall return,” La Révolution explores transformation as a continuous cycle of creation, rupture, renewal and transcendence. Through evolving forms and textures, the collection celebrates impermanence, not as loss, but as an essential passage towards resilience, beauty and becoming.

9. Vanya Gupta [Fleeting Grief]: The collection explores the lasting impact of losing her mother to cancer at sixteen. Through light, fluid silhouettes and a muted palette, it traces a journey from grief to acceptance, transforming a deeply personal experience into a story of resilience, healing and becoming.

Talking about this year's showcase, Kristian Steinberg, Director of Education — Istituto Marangoni Mumbai, said, "At Istituto Marangoni Mumbai, we encourage our students to embrace their own stories and cultural identities as the foundation of their creative practice. ‘Astitva’ reflects that philosophy beautifully, with each collection demonstrating how personal experiences can be transformed into contemporary fashion that is both locally rooted and globally relevant." Pallavi Singh was awarded Istituto Marangoni Mumbai’s ‘The Designer of the Year 2026’ for her ‘REVIVE’ collection that she showcased at the event.

Additionally, this year for the first time, Istituto Marangoni Mumbai conferred Anushka Puranik with the ‘The Sustainability Award 2026’ for her collection, ‘Anchors of Immanence’, which explores the enduring value of craftsmanship, conscious creation, heirloom design, and mindful luxury.

The excellent reputation enjoyed by the school lies in the distinctive elements that have marked its identity since its foundation; first of all, the enhancement and promotion of ‘Made in Italy’ values, combined with a strong international vocation, and expressed through an educational system of proven quality and effectiveness, which makes use of the contribution of, and the established collaboration with, the most prominent fashion companies of the world.

Appreciations: • Show Creative Direction: Kristian Steinberg, Director of Education, Istituto Marangoni, Mumbai.

• Studio: Lianne Trowbridge, Abhishek Gaherwar, Ashay Chaturvedi, Jeetinder Sandhu.

• Style Direction: Kayaan Contractor (assisted by Abhinav & Manu Lodhi).

• Show Director(s): Vahbiz Mehta, Delnaz Daruwala, & Kamal Mehta.

• Founded in 2002, Amal Embroideries creates handcrafted embroideries for leading European couture and luxury fashion houses. Committed to preserving traditional artisanal techniques, the studio also supported this showcase by contributing handcrafted embroidery to selected student looks.

• Salon academy, Daniel Bauer Academy, supported the hair and makeup curation for the fashion showcase.

• Fragrance partner ŚASVA is a modern luxury fragrance house rooted in India and founded in 2022 by Istituto Marangoni alumnus Sriman Subramanian. Drawing on a 70-year family legacy, the brand creates contemporary fragrances inspired by Indian art, culture, landscapes and heritage, reimagined for a global audience.

• The Source by Sula offers fresh, elegant, and delightful wines, globally recognized as among the best Indian wines, representing sustainable winemaking and the purest expression of select Nashik valley vineyards.

Istituto Marangoni: Istituto Marangoni was founded in 1935 as Istituto Artistico dell'Abbigliamento Marangoni in Milan and has over 85 years of experience in shaping fashion, art, and design experts. The institute has educated students from 5 continents over four generations and launched the careers of over 45,000 luxury professionals, including Domenico Dolce, Alessandro Sartori, Paula Cademartori, Gilda Ambrosio, Julie de Libran, and Nicola Brognano. According to a recent Doxa survey, Istituto Marangoni has an impressive employability rate of 91%, demonstrating the high quality of its educational programmes and the career readiness of its graduates.

Istituto Marangoni welcomes around 5,000 students annually from 108 different countries across its schools in Milan, Florence, Paris, London, Mumbai, Shanghai, Dubai, Riyadh, Miami*, and Shenzhen*. The institution has been ranked among the top 100 universities in the world in its disciplines, according to the QS World University Ranking 2025.

* Licensed schools ŚASVA Parfums: Founded in 2022 by Istituto Marangoni alumnus, Sriman Subramanian, ŚASVA is a modern luxury fragrance house rooted in India and created for the world. Drawing on a 70-year family legacy in South Indian architecture and boutique hospitality, the brand crafts contemporary fragrances inspired by India's poetry, art, cinema, landscapes and cultural richness. Reinterpreting India's olfactory heritage through a refined global lens, ŚASVA creates distinctive scents that celebrate craftsmanship, creativity and modern luxury.

Daniel Bauer Academy: The Daniel Bauer Academy is India's largest and most respected makeup and hair training academy. Founded in 2017, the brand operates fully-owned academies across India in Mumbai, Delhi, Kolkata and Bangalore. They specialise in the development and placement of makeup and hair artists from India and Internationally.

Amal Embroideries: Founded in 2002, Amal Embroideries is a design and embroidery studio specialising in the creation of exquisite, handcrafted embroideries for leading European couture and luxury fashion houses. Working closely with internationally renowned fashion brands, architects, interior designers and artists, Amal combines exceptional craftsmanship with creativity, precision and innovation. Rooted in a deep respect for artisanal heritage, the studio is committed to preserving traditional craft through ethical partnerships with its artisans while delivering uncompromising quality and transparency.

The Source by Sula The Source by Sula is an ode to sustainable winemaking, and the purest expression of select vineyards in the Nashik valley. Made with craftmanship in mind, our wines are today considered among the best Indian wines available, locally and internationally. Fresh, elegant and delightful, they have been produced with love and with the upmost respect for the environment.

Press Contact(s): Sqube Brand Relations: Shakeel Sutarwala — [email protected] / +91.98671.50688 Samantha Furtado — [email protected] / +91. 98190.66041 (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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