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    Assam Budget: Planters, traders say subsidy, incentive proposals to boost tea sector
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July 11, 2026
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Tea sector support measures in Assam Budget aim to boost exports, cut costs, and strengthen worker welfare.
Assam Budget 2026-27 proposes tea sector support measures including export and production subsidies, tax relief for small tea growers, restoration of tax for larger assessees, lower VAT on piped natural gas, and welfare-linked spending for tea garden communities. The budget also strengthens incentives, healthcare, tea tourism and social infrastructure in tea garden areas.
July 11, 2026
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Identity theft in loan fraud rackets highlights misuse of Aadhaar, PAN and mule accounts to obtain fraudulent credit.
Cyber fraud syndicate allegedly obtained personal loans by misusing Aadhaar and PAN details, including by changing Aadhaar-linked mobile numbers without the victims' knowledge. Police investigation indicates the use of mule accounts to route fraud proceeds and shows misuse of documents of around 50 victims to obtain loans from private non-banking financial companies.
July 11, 2026
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Electronics export competitiveness gains focus as policy dialogue highlights stable frameworks, global value chains and export facilitation priorities.
Policy dialogue on strengthening India's electronics manufacturing and export competitiveness centred on the need for a stable and predictable framework to support export-oriented production, particularly in the context of global value chains. The consultation brought together government, industry and export promotion stakeholders to discuss balanced and actionable policy recommendations aimed at reinforcing India's position as a globally competitive electronics manufacturing and export hub. Key priority areas included greater integration of MSMEs into global value chains, harmonisation of HS Codes, closer coordination with Customs to reduce product misclassification and facilitate smoother exports.
July 11, 2026
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Cyber fraud intelligence exposes cross-border money laundering through mule accounts and cryptocurrency, prompting coordinated anti-money laundering enforcement action
Financial intelligence analysis of a large-scale cyber fraud uncovered a sophisticated money-laundering network involving approximately Rs.868 crore in proceeds, more than 5,000 mule bank accounts, and cross-border cryptocurrency transactions. Cross-border intelligence exchange helped trace the cryptocurrency movements and identify the international money-laundering trail. The analysis supported enforcement measures under the Prevention of Money Laundering Act, 2002, including searches, seizure of cash and cryptocurrency, attachment of assets, and filing of two prosecution complaints.
July 10, 2026
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Fresh apricot export logistics drive in Ladakh prioritises cold chain management, quality certification and timely farmer payments.
Ladakh administration prepared an export programme for fresh apricots, including the first overseas consignment to Dubai and broader access to other international markets. The initiative required coordinated procurement, grading, sorting, packaging, refrigeration, quality certification and transportation through farmer producer organisations, aggregators and a cooperative society, with dispatch scheduled through Delhi by special cargo aircraft. Officials were directed to ensure timely harvesting, uninterrupted cold chain management, quality standards, transparent payments and compliance with branding requirements.
July 10, 2026
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Ethanol-blended petrol programme drives forex savings, farm income support and cleaner fuel policy through expanded blending and feedstock use.
The ethanol-blended petrol programme has expanded ethanol use, supported the sugar economy and improved payments to farmers. It is said to have saved foreign exchange by substituting crude oil imports, reduced carbon emissions, and created new demand for surplus crops. Maize has emerged as a major feedstock, and flex-fuel vehicles and a wider fuel road map are described as part of the policy direction.
July 10, 2026
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Rupee gains on weaker dollar, softer crude and strong equity sentiment amid expectations of RBI support.
The rupee appreciated against the US dollar in interbank trade, supported by a weaker dollar index, easing crude oil prices, improved risk appetite in global markets and positive domestic equity sentiment. Market participants also noted that continued foreign portfolio inflows and buying by oil companies and importers influenced intraday movement, while traders expected the currency to trade within a defined near-term range.
July 10, 2026
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Poor fiscal management and legislative neglect draw opposition criticism over Maharashtra's budget, infrastructure, education, and power-sector concerns.
Opposition parties criticised the Maharashtra government for poor fiscal management, limited legislative discussion, and reliance on supplementary demands that they said exposed flaws in the original budget. They also alleged governance failures in infrastructure, education, temple administration, examinations, and the power sector, including issues linked to the Mumbai-Pune Expressway's Missing Link project, unpaid contractor dues, and schools lacking basic facilities.
July 10, 2026
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Foreign exchange reserves rise as higher currency assets, gold holdings and IMF-related balances lift India's reserve position.
India's foreign exchange reserves increased during the week ended 3 July 2026, according to the Reserve Bank of India, with higher foreign currency assets and gains in gold reserves contributing to the rise. Special drawing rights and the reserve position with the IMF also increased. The report notes that foreign currency assets are affected by valuation changes in non-US currencies, and refers to earlier reserve volatility linked to pressure on the rupee and RBI intervention through dollar sales.
July 10, 2026
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FCV tobacco marketing support reviewed with focus on procurement, exports, digital reforms and grower welfare.
Measures for the Andhra Pradesh Flue Cured Virginia (FCV) tobacco marketing season 2025-26 were reviewed in consultation with growers, manufacturers, exporters, dealers, trade associations and the Tobacco Board. The discussions focused on accelerating procurement, facilitating exports and strengthening the marketing ecosystem for FCV tobacco, while protecting growers' interests. The review also covered restructuring of the Tobacco Board, enhancement of the Growers' Welfare Fund, simplification of registration procedures, digital initiatives, AI-based grading, export market expansion and crop diversification.
July 10, 2026
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Equity market rally gains strength as IT earnings, easing crude prices and banking stocks lift sentiment across sectors.
Indian equity markets extended gains for a second straight session, closing higher on broad-based buying led by information technology, banking and realty stocks. Sentiment improved on easing crude oil prices, positive global cues, stability in the rupee and better-than-expected quarterly results from TCS, which lifted confidence in the IT sector and improved demand outlook. All sectoral indices ended in positive territory, while market breadth remained positive despite continued foreign institutional investor selling.
July 10, 2026
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Caller identification rules for 140 and 1600 series calls limit app-based blocking, while DND registry controls promotional call preferences.
Calls originating from the 1600 series are reserved for service and transaction communications by regulated entities and government entities, and tagging, blocking or filtering of such calls by apps is not permitted under the Telecom Commercial Communications Customer Preference Regulation. Calls beginning with the 140 series are meant for registered telemarketers, and customers may allow or block such promotional calls through the Do Not Disturb registry, including by using the TRAI DND App. App-based tagging or filtering of 140 series calls is not allowed.
July 10, 2026
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Software reliability as AI infrastructure drives regulated deployment, compliance readiness, and scalable autonomous testing across high-stakes sectors.
Software reliability is presented as foundational infrastructure for India's AI economy, especially in regulated sectors such as healthcare and financial services. The text says unreliable software creates compliance, safety, and operational risks, while MedTech software is expected to align with IEC 62304 and ISO 14971 and financial services software with RBI-guided validation expectations. It also describes AI-augmented autonomous testing as a way to generate test cases from natural language, self-heal broken references, and improve coverage, cost efficiency, and deployment reliability.
July 10, 2026
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Personal loan interest rates and repayment tenure are shaped by credit profile, income, eligibility and repayment capacity.
Collateral-free personal loans are offered with interest rates determined by the applicant's credit profile, income, repayment capacity, employment stability, existing obligations, loan amount, tenure and overall eligibility assessment. The loan product provides borrowing amounts from Rs. 40,000 to Rs. 55 lakh, repayment tenure from 12 months up to 108 months, and disbursal within 24 hours after approval and verification, subject to terms and conditions.
July 10, 2026
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Rupee strength against the US dollar reflects weaker greenback, softer oil prices and bank-led support amid market volatility.
The rupee opened stronger against the US dollar in early interbank trade, supported by a weaker greenback, easing crude prices and a firm domestic equity market. Traders said dollar selling by state-run banks, widely viewed as intervention on behalf of the Reserve Bank of India, helped the currency move above the 95.50 level, while foreign institutional outflows and West Asia tensions continued to weigh on sentiment.
July 10, 2026
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Footwear quality control amendments extend stock clearance and permit limited R&D sample imports for manufacturers.
Amendments to the footwear Quality Control Orders extend the legacy stock clearance timeline from 31 July 2026 to 31 July 2027 and create an exemption for import of footwear samples for research and development and other non-commercial purposes. Manufacturers may import up to 4,500 pairs annually, subject to prominent marking and embossing with "NOT FOR SALE", prohibition on commercial sale, disposal as scrap after use, and maintenance of year-wise records for production to the Government when required.
July 9, 2026
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Cancellation of registered sale deed follows admission of unpaid consideration and no possession in disputed land transaction.
Cancellation of registered sale deed was ordered in a disputed land transaction, with the court declaring the conveyance void ab initio, inoperative from the beginning and of no legal effect. The court directed correction of registration records and held that the purchaser would have no right, title or interest in the property after cancellation. It recorded that execution was admitted, but consideration had not been paid and possession had never been delivered, while leaving open the possibility of refund of stamp duty if permissible under law.
July 9, 2026
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Artificial intelligence and forensic analytics are accelerating fraud restitution and complex money laundering investigations through better verification and tracing.
Artificial intelligence-assisted tools are being deployed to identify rightful claimants in large-scale fraud cases, automate claims and disbursement, and improve verification, speed, and accuracy in asset restitution. Modern forensic technology and data analytics are also being used in complex money laundering and cross-border financial crime investigations involving shell companies, nominee directors, benami property chains, cryptocurrency wallets, mule accounts, offshore entities, and interlinked trusts.
July 9, 2026
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Rupee volatility and Reserve Bank of India intervention shape currency trading amid stronger dollar and crude oil pressures.
The rupee appreciated marginally against the US dollar, supported by recovery in domestic equity markets and dollar selling by state-run banks, which market participants believed reflected Reserve Bank of India intervention. The currency remained pressured by firmer crude oil prices, a stronger greenback in overseas markets, and renewed geopolitical tensions in West Asia, with traders expecting elevated volatility to persist.
July 9, 2026
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AI-driven demand and backlog recovery shape TCS quarterly growth outlook amid margin pressure and strong deal wins.
TCS reported a rise in June-quarter net profit and revenue, while saying demand was sluggish because of geopolitical disruption and some client deferrals. Management expects demand to resume in the ongoing quarter as customers work through a technology backlog. The company also cited AI-related investments, strong deal conversion, wage-driven margin pressure, continued hiring and attrition trends, and growth in India revenues alongside weaker performance in some geographies and business segments.

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Corp. Laws / SEBI / IBC

4 Chandigarh University Law Graduates Become Judicial Officers, 244 Secure Jobs at Corporate Law Firms

July 23, 2026

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Over 1400 CU Law Students Undergo Internship at Supreme Court, High Courts, Top Law Firms & Judicial Institutions in 2025-26
CHANDIGARH, India, July 23, 2026 /PRNewswire/ -- With early career guidance and practical legal training being provided by Chandigarh University (CU) to its law students, four CU students have secured coveted positions as Civil Judges cum Judicial Magistrates and over 244 have been hired by various corporate law firms and legal branches of top law firms and private companies, in the past four years, in addition to hundreds of students practicing law in various courts including High Courts and Supreme Court.




Chandigarh University boosts employability of its law students by providing practical exposure to aspiring legal professionals and has facilitated internships for over 1,400 of its law students at some of India's most prestigious judicial and government institutions in the past one year, helping them gain practical experience in judicial proceedings, policymaking, legal research, litigation, and public administration for a successful career in the legal profession.


Sharing details, Deepinder Singh Sandhu, Senior Managing Director, Chandigarh University, said "Aastha Sharma, from the LLM Batch of 2019–2022 who secured 12th rank in the J&K Civil Services (Judicial) Examination, 2023, has been appointed as a Civil Judge in Jammu and Kashmir. Another standout student from the BBA LLB (Hons) program (Batch 2018–21), Jashanpreet Kaur, achieved success in the Punjab Judicial Services Examination and was appointed as a Civil Judge cum Judicial Magistrate in 2023. Vishwas Khatak, an LLB student of Batch 2017–20, cleared the Haryana Judicial Services Examination and was appointed as Civil Judge (Junior Division) cum Judicial Magistrate First Class in 2022. Anusha Raj, a student of LLM Batch of 2021-22, has secured position as Assistant Registrar at the Bihar State Legal Services Authority, Patna."
He said that this significant milestone is a testament to the university's industry-aligned curriculum, dedicated mentorship, and unwavering commitment to shaping the next generation of judicial officers. "Chandigarh University curriculum is aligned with judiciary and competitive exams, supported by mentoring, legal drafting practice, research training, and expert sessions by judges, senior advocates, and legal professionals. Going beyond traditional classroom teaching, our students get the opportunity to get regular interaction with sitting judges and legal professionals. These engagements give students a real-world perspective on the judiciary and help them take informed career decisions," he said.


Sandhu said Chandigarh University also has a robust placement program that serves as bridge between the legal profession and students.


"Our placement programs work regularly to generate placement and training opportunities for the students. Apart from practicing law in various courts, over 244 Chandigarh University students have also been hired by various corporate law firms and legal branches of top private companies, including TACT India Pvt. Ltd, Gurgaon; Equilaw Partners, New Delhi; MACS & Associates Chartered Accountants, New Delhi; IOTA Analytics, Mohali; Civic-Minds India Pvt Ltd, Mohali; Matani-Legal Private Limited, Kanpur, UP; EXO Edge India LLP, Mohali; LAW & LEGAL Chandigarh; Naks Legal, Delhi; PACER Digital India Pvt. Ltd ,Mohali; Steel Strips Ltd, Chandigarh; Virtual Admins , Mohali; Madar Financial, Noida; Assentio Mentium Law Offices, Ghaziabad, Delhi; Lawyered.in and Vidhi Chambers," he added.


Deepinder Singh Sandhu said that through the internships at the Supreme Court, Punjab and Haryana High Court, Union Ministry of Law and Justice, Punjab Human Rights Commission, Punjab State NRI Commission, Consumer Courts and prestigious law firms across the country, over 1400 Chandigarh University's law students have got the opportunity to gain first-hand experience of court proceedings, courtroom arguments, case management, research and functioning of judicial institutions, government bodies and law firms.


"This year, 14 of our law students got an internship opportunity at the Supreme Court, 305 students did an internship at High Courts at 15 States, 766 in District Courts across 19 States, 179 students did internships at lower courts, 79 did internships at 82 Corporate Law Firms in 8 States and 2 foreign countries South Africa and Zimbabwe, 5 students did internships at office or Chambers of Advocates, 21 did internship at legal branches of Multi-National Companies (MNCs), 5 at Non-Governmental Organisations (NGOs), 12 Students did internships with retired judges or government law officers, 8 in the Punjab Human Rights Commission, 6 in the Punjab State NRI Commission, 8 in the Punjab State Consumer Court, and 4 in the Punjab District Consumer Court. These internships serve as a strong foundation towards future Judicial Services Examination and distinguished legal careers of our students. The remarkable response from prestigious institutions for giving internships to our students reflects the quality of legal education at Chandigarh University," he said.


Deepinder Singh Sandhu added, "The objective of these internships is to strengthen students' practical legal skills and provide early professional exposure before they join the legal profession. Chandigarh University law students enrolled for the 5-Year Integrated Law Program complete a minimum of 20 weeks' internship, and students of the 3-Year Law Program complete at least 12 weeks' internship at various courts and tribunals, offices of practicing advocates, law firms, legal NGOs and legal departments of companies. To ensure that students gain practical exposure from the very beginning of their legal education, our one-month summer internship and 2-week winter internship programs start immediately after completion of the first year of our students at the university. These internship programmes bridge the gap between classroom learning and professional legal practice, while equipping them with the practical knowledge, confidence and skills required to excel in the legal profession."
He said that Chandigarh University facilitates unique legal specialization-based internships including Civil Law, Criminal Law, Corporate Law, Cyber Crime, Intellectual Property Rights (IPS), Arbitrations, Taxation, NGO and government legal bodies under the mentorship of reputed advocates and law firms, besides internships including stipend-based Internships for final year students under advocates ranging from Lower Courts, High Courts, Supreme Court, Corporate Law Firms as well as reputed Judges and government bodies.


About Chandigarh University
Chandigarh University is a NAAC A+ Grade University and QS World Ranked University. This autonomous educational institution is approved by UGC and is located near Chandigarh in the state of Punjab. It is the youngest university in India and the only private university in Punjab to be honoured with A+ Grade by NAAC (National Assessment and Accreditation Council). CU offers more than 109 UG and PG programs in the fields of engineering, management, pharmacy, law, architecture, journalism, animation, hotel management, commerce, and others. It has been awarded as The University with Best Placements by WCRC.


Website address: https://www.cuchd.in/
(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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