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    India Becomes a Party to the WTO Agreement on Fisheries Subsidies by Depositing its Instrument of Acceptance
    FIRST PRESS RELEASE OF INDEX OF CORE INDUSTRIES OF NEW SERIES WITH BASE YEAR 2022-23
    Central Bureau of Narcotics (CBN) India thwarts illegal trafficking of 12 crore Tramadol Hydrochloride, a.k.a. “fighter drug” tablets under “Ope...
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    Nearly 55.49 Crore Users Onboarded on UPI as in June 2026
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    SC gives Parsvnath Developers one week to deposit dues to homebuyers, warns next step is jail
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    APEDA Facilitates First Export of 24 MT Frozen French Fries from Uttarakhand to Iraq
    Fourth Edition of National Conference on Responsible Business Conduct (NCRBC) 2026 Concludes in New Delhi
    DRI seizes 15 kg methamphetamine, 4 kg pseudoephedrine, 85 lakh smuggled cigarettes, and 2 drone-dropped Pakistan-made pistols in nationwide operation...
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July 21, 2026
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Fisheries subsidy disciplines promote sustainable marine resource use while excluding aquaculture and inland fisheries from their scope.
The WTO Agreement on Fisheries Subsidies disciplines subsidies concerning marine wild-capture fishing and fishing-related activities at sea. It prohibits subsidies linked to illegal, unreported and unregulated fishing and fishing of overfished stocks, promoting conservation and sustainable use of marine resources. Aquaculture and inland fisheries remain outside its scope. India's fisheries management framework is identified as supporting implementation while preserving policy space and safeguarding the interests of traditional and small-scale fishers.
July 21, 2026
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Revised Index of Core Industries adopts a new base year, adds iron ore, and revises sector measurement methodology.
The revised Index of Core Industries series adopts 2022-23 as its base year, replaces the former series and expands coverage to nine industries by including iron ore. Steel is measured using gross production data, while only raw coal is retained to avoid double counting. Weights are derived from the corresponding Index of Industrial Production series and normalised to 100. A geometric-mean linking methodology connects the former and revised series. June 2026 provisional estimates show overall year-on-year ICI growth, led principally by iron ore and electricity.
July 21, 2026
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Risk-based export controls exposed alleged pharmaceutical diversion, prompting NDPS enforcement against transnational illicit opioid trafficking networks.
Risk-based export controls and intelligence-led enforcement under the NDPS Act, 1985 addressed an alleged attempt to divert an export consignment of high-strength Tramadol Hydrochloride tablets into illicit international channels. Enquiries with the International Narcotics Control Board and competent authorities indicated that the declared destination had been misrepresented. The action involved seizure of the consignment and arrests of persons alleged to be connected with the export arrangement and conspiracy. The operation emphasises risk-based profiling, export-control scrutiny, intelligence sharing, and international coordination against pharmaceutical diversion and transnational drug trafficking.
July 21, 2026
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Trade tariffs on Canadian goods target alleged discrimination against American automobiles, alcohol and dairy products under trade law.
United States trade action imposes tariffs on most Canadian goods, citing alleged discriminatory treatment of American automobiles, alcoholic beverages and dairy products. The measures apply to goods previously protected under the United States-Mexico-Canada Agreement, subject to exclusions for energy products, potash, fish and critical minerals. The stated grounds include Canadian retaliatory tariffs, restrictions on American alcohol sales, treatment of dairy imports, and tariffs on certain United States motor vehicles outside preferential trade treatment.
July 20, 2026
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Foreign exchange market movement saw rupee depreciation amid geopolitical risk, higher crude prices, stronger dollar conditions and equity outflows.
Foreign exchange market movement saw the rupee depreciate by 6 paise to close at 96.36 against the US dollar, amid global risk aversion, higher crude oil prices, escalating US-Iran tensions and rising US Treasury yields. Market commentary indicated that anticipated Reserve Bank of India intervention could limit further downside. The report also noted a stronger dollar index, domestic equity-market declines, foreign institutional equity outflows, and an increase in India's foreign exchange reserves.
July 20, 2026
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Concessional foreign-exchange swaps incentivise fresh FCNR(B) deposits and foreign borrowings to strengthen balance-of-payments liquidity.
The concessional foreign-exchange swap facility incentivises fresh FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings to strengthen the balance of payments and support foreign-exchange liquidity. Its availability is time-limited, with FCNR(B) deposits eligible until September 2026 and OFCB and ECB inflows eligible until December 2026. Reported inflows were primarily mobilised through FCNR(B) deposits.
July 20, 2026
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Geographical indication recognition protects traditional product identity while supporting rural entrepreneurship, quality maintenance, digital access and artisan market opportunities.
Geographical Indication recognition is being pursued for additional traditional products from Jharkhand to protect product identity and expand protected regional products. GI recognition supports cultural heritage, rural entrepreneurship and market access for artisans and primary producers. Post-registration measures emphasise product-quality maintenance and digital e-commerce access, alongside skill development, marketing initiatives, rural haats and support for non-farm sectors.
July 20, 2026
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Banking sector earnings concerns and geopolitical tensions pressured benchmark equities, while broader markets and selected defensive sectors gained.
Indian benchmark equity indices declined following heavy selling in major private-sector banking shares amid concerns over weaker net interest margins and quarterly earnings. Banking and financial sector indices were the principal laggards. Renewed United States-Iran tensions, crude-oil concerns, global market weakness and reported foreign institutional investor equity sales added to investor caution. Broader domestic market indices nevertheless closed higher, with selected defensive and infrastructure-linked sectors recording gains.
July 20, 2026
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Internal Ombudsman independence strengthens fair customer grievance resolution, prevents escalation, and drives institutional learning from recurring complaint patterns.
Internal Ombudsmen should independently review qualifying customer grievances to ensure fair, reasonable and timely internal resolution rather than mechanically affirming earlier decisions. Regulated entities should prevent eligible complaints from bypassing Internal Ombudsman review and should assess redress by the quality, transparency and fairness of outcomes, not merely complaint closure. Complaint patterns should be used for root cause analysis and institutional improvements, with Boards and senior management empowering Internal Ombudsmen and treating complaint trends as early-warning information. Technology may support analytics and faster processes but cannot replace judgment, empathy and impartiality.
July 20, 2026
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UPI security framework mandates advanced controls, alongside risk-based limits and authentication safeguards to strengthen payment ecosystem resilience.
Unified Payments Interface is an NPCI-operated payment system authorised under the Payment and Settlement Systems Act, 2007. Cross-border UPI arrangements facilitate person-to-person remittances and person-to-merchant payments through partner institutions in multiple countries. Security measures include risk-based transaction limits, safeguards against unauthorised mobile-number changes and misuse of SMS-based authentication, and enhanced application-security requirements. The Comprehensive UPI Information Security Framework 2025 and Mobile Application Security Framework mandate advanced controls to strengthen UPI ecosystem safety and resilience.
July 20, 2026
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Fintech consumer protection strengthens payment security, data safeguards, innovation testing, fraud monitoring, cybercrime reporting, and public awareness mechanisms.
Fintech regulation and consumer protection are being strengthened through self-regulatory standards, digital payment security controls, personal-data safeguards, regulatory sandbox testing, and cyber-fraud reporting mechanisms. The FinTech self-regulatory organisation framework promotes ethical conduct, market integrity, dispute resolution, transparency, and accountability. Banks must maintain minimum security controls for payment channels, supported by AI and machine-learning fraud monitoring for UPI transactions. Citizens may report cyber incidents and illegal loan apps through designated reporting channels, alongside awareness initiatives on fraud prevention and risk mitigation.
July 20, 2026
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Homebuyer order enforcement requires developer to deposit recoverable dues with interest, with imprisonment warned for continued non-compliance.
Final homebuyer compensation and possession-related directions were enforced by requiring the developer and its officials to deposit the entire recoverable amount with annual interest in the court registry within one week. Existing asset freezes were to continue, and continued non-compliance could lead to imprisonment. The purchasers had obtained final regulatory compensation directions, but execution proceedings, notices and warrants had not resulted in payment or possession. Third-party rights and transfer of possession were restrained pending compliance.
July 20, 2026
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Foreign-exchange market pressure weakened the rupee as crude prices, geopolitical risk and dollar strength increased, with intervention offering support.
Foreign-exchange market movement saw the rupee depreciate against the US dollar amid global risk aversion, higher crude oil prices, geopolitical tensions, and rising US Treasury yields. Reserve Bank of India intervention was identified as a potential support mechanism capable of limiting downside pressure. Higher dollar-index levels, domestic equity-market movements, foreign institutional equity outflows, and an increase in India's foreign-exchange reserves were also noted as relevant market conditions.
July 20, 2026
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Parental consent in APAAR enrolment requires a genuine opt-out option and compliance with personal data protection safeguards.
APAAR consent procedures were questioned because a scheme described as voluntary may effectively require Aadhaar enrolment and condition educational access on an academic identifier. The Orissa High Court direction required the model consent form to give parents an express option to refuse consent or opt out before enrolment. Concerns included informed parental consent, withdrawal of consent, long-term storage of children's educational records and privacy protections. Educational circulars remain subject to the Digital Personal Data Protection Act, and any data-processing framework must comply with applicable consent requirements.
July 20, 2026
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Agricultural export facilitation supports frozen potato product market access through trade promotion and state logistics assistance for exporters.
Agricultural export facilitation supported the first export of frozen French fries from Uttarakhand to Iraq, promoting value-added agricultural exports and processed food market access. APEDA assisted the exporter through international trade exhibitions for buyer engagement and market outreach. Logistics costs affecting landlocked-state exports are being addressed through work on a State Agri Export Policy, including transport assistance provisions to improve competitiveness, strengthen export infrastructure and support participation in export-oriented agricultural supply chains.
July 20, 2026
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Responsible business conduct requires credible ESG disclosures, sector-specific reporting, supply-chain due diligence and inclusive MSME participation for sustainable development.
Responsible business conduct and ESG integration were presented as constitutional and legal obligations connected with environmental protection, social equity, human dignity and sustainable development. ESG was discussed as extending beyond compliance to support resilience, risk management and sustainable innovation. Key priorities included credible, comparable and reliable disclosures; sector-specific reporting responsive to materiality and data gaps; responsible value-chain due diligence; MSME capacity-building; technology-enabled traceability; credible assurance; and rigorous, comparable environmental metrics. Capacity-building, policy research and partnerships were identified as important to advancing inclusive ESG adoption.
July 20, 2026
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Intelligence-led anti-smuggling enforcement disrupts narcotics, illicit tobacco and cross-border arms trafficking through coordinated seizures and arrests.
Intelligence-led operations addressed narcotics smuggling, illicit tobacco trade and cross-border arms trafficking. Methamphetamine allegedly smuggled from Myanmar and pseudoephedrine intended for illegal export were seized, with arrests made under the NDPS Act, 1985. An import container falsely declared as carrying plastic storage boxes contained smuggled foreign-made cigarettes. Drone-dropped parcels containing Pakistan-made pistols were recovered near the international border and handed to jurisdictional police for action under the Arms Act, 1959.
July 20, 2026
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Precious-metals smuggling enforcement targets concealed gold transport, illicit sale proceeds and airport insider facilitation networks.
Organised precious-metals smuggling was targeted through intelligence-led operations involving seizures of foreign-origin gold, silver and cash believed to represent sale proceeds, with arrests of persons allegedly connected with possession, transport and facilitation of smuggled goods. The operations addressed concealment in luggage-frame rods, undergarments and specially fabricated vehicle cavities, and included alleged airport-staff assistance in clandestinely removing smuggled gold during passenger transit.
July 20, 2026
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India-EU economic cooperation advances through FTA implementation, investment facilitation, digital partnerships, manufacturing collaboration and market-access discussions across Europe.
India advanced economic engagement with European partners through discussions on trade, investment, technology cooperation, manufacturing, digital infrastructure and market access. The engagements emphasised early signing and implementation of the India-EU Free Trade Agreement, investment protection, geographical indications, regulatory cooperation and professional mobility. Cooperation initiatives included digital payments interoperability, artificial intelligence, advanced manufacturing, clean energy, cybersecurity, fintech, telecom, research and supply-chain resilience. European businesses were encouraged to establish India as a manufacturing, innovation and export hub, including through opportunities for MSMEs, startups and future-oriented sectors.
July 19, 2026
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Russian oil purchase tariffs would target major buyers and sanctions-evasion facilitators, with specified energy, nuclear and cooperation exemptions.
Proposed United States legislation on Russian sanctions would impose tariffs on imports from countries identified as major purchasers of Russian crude oil or natural gas or leading facilitators of Russian oil-sanctions evasion. It provides for periodic reassessment and tariff adjustment based on purchasing behaviour, while exempting specified reduced natural-gas imports, United States uranium purchases for nuclear and medical needs, and certain nuclear and space cooperation. The revised proposal also addresses sanctions-evasion fleets and Chinese support for Russia's defence industrial base.

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Loan Fest 2026: Apply for a Bajaj Finance Personal Loan Online with Attractive Offers

July 23, 2026

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Bajaj Finance introduces Loan Fest 2026, enabling eligible customers to apply for a Bajaj Finance Personal Loan online and enjoy attractive entertainment and lifestyle rewards on successful loan disbursal Pune, Maharashtra, India (NewsVoir) Bajaj Finance, one of India's leading financial services providers, has announced the launch of Loan Fest 2026, a limited-period campaign designed to make online borrowing more rewarding for eligible customers. Running from 10th July to 31st August 2026, the campaign enables customers to apply for a Bajaj Finance Personal Loan through a simple digital process while offering attractive rewards on successful loan disbursal. Alongside the campaign benefits, customers can access loan amounts ranging from Rs. 40,000 to Rs. 55 lakh, flexible repayment tenure of 12 months to 108 months, competitive personal loan interest rate options ranging from 10% to 30% per annum, and quick access to funds.

The campaign aims to help customers finance both planned and unexpected expenses, including home renovation, higher education, weddings, travel, and medical emergencies. With minimal documentation, collateral-free borrowing, and a fully digital application journey, the Bajaj Finance Personal Loan offers a convenient solution for customers looking for quick and flexible financing.

Attractive rewards during Loan Fest 2026 As part of Loan Fest 2026, eligible customers whose Bajaj Finance Personal Loan is successfully disbursed during the campaign period may receive an exclusive reward bundle. The bundle has been curated to provide additional value by combining entertainment, dining, music, and lifestyle benefits alongside the loan. These rewards are available only to eligible customers and are subject to the applicable campaign terms and conditions.

The reward bundle includes: • Zee 5, Sony Liv & 14 other OTTs – 6 months free membership • JioHotstar membership – 3 months • Free 3-month Zomato Gold Membership • Free 3-month JioSaavn Pro • Free 45 Day Gaana membership • Free 40+ Vouchers The exclusive rewards complement the standard features of the Bajaj Finance Personal Loan, making the borrowing experience more rewarding during the campaign period.

Why apply for a Bajaj Finance Personal Loan online? Applying for a Bajaj Finance Personal Loan online enables customers to complete the borrowing process conveniently without visiting a branch. The end-to-end digital application journey requires minimal documentation and allows eligible customers to check their loan offer, complete the application, and submit the required details online.

Eligible applicants may receive quick approval, and funds can be disbursed within 24 hours* after approval and successful verification. The digital process is designed to provide customers with a faster and more convenient borrowing experience.

Flexible borrowing with repayment tenure of up to 108 months One of the key highlights of the Bajaj Finance Personal Loan is the flexible repayment tenure ranging from 12 months to 108 months.

The extended tenure gives customers greater flexibility to choose a repayment schedule that suits their financial goals and monthly budget. A longer repayment period may help reduce monthly EMIs compared with a shorter tenure for the same loan amount, enabling borrowers to manage larger financial commitments more comfortably.

The personal loan interest rate ranges from 10% to 30% per annum, depending on factors such as the customer's eligibility, credit profile, income, and internal assessment.

Features of Bajaj Finance Personal Loan The Bajaj Finance Personal Loan is designed to support a wide range of personal financial requirements while offering a convenient borrowing experience.

Key features include: • Loan amount ranging from Rs. 40,000 to Rs. 55 lakh • Repayment tenure from 12 months to 108 months • Personal loan interest rate from 10% to 30% per annum • Collateral-free loan • Quick approval for eligible applicants • Funds disbursed within 24 hours* • Minimal documentation • Fully digital application process These features enable customers to borrow according to their financial requirements while choosing a repayment option that aligns with their budget.

Estimate your EMI before applying Customers can use the personal loan EMI calculator available on the Bajaj Finance website before submitting an application. The calculator helps customers estimate monthly EMIs based on the selected loan amount, applicable interest rate, and repayment tenure.

It also enables customers to compare different repayment options, understand their repayment commitments, and make informed borrowing decisions before applying for a Bajaj Finance Personal Loan.

How to apply for a Bajaj Finance Personal Loan online Applying for a Bajaj Finance Personal Loan is simple and can be completed in a few steps: 1. Visit the website: Customers begin by visiting the Bajaj Finance website and navigating to the Personal Loan page.

2. Check loan eligibility: Customers enter the required loan amount and select the preferred repayment tenure. They then click "CHECK LOAN OFFER".

3. Enter personal details: Customers provide their personal, financial, and employment details to receive a personalised loan offer.

4. Review the loan offer: Customers review the available loan offer and may adjust the loan amount or repayment tenure based on their requirements.

5. Complete KYC verification: Customers complete the KYC process and verify their bank account details to facilitate disbursal.

6. Application assessment: The application is submitted for assessment, following which a loan specialist contacts the customer regarding the next steps in the process.

Eligible applicants may receive funds within 24 hours* after approval and successful verification.

A rewarding digital borrowing experience Loan Fest 2026 reflects Bajaj Finance's continued focus on providing customer-centric lending solutions through a seamless digital experience. By combining attractive rewards with flexible repayment tenure, competitive personal loan interest rate options, collateral-free borrowing, and quick access to funds, the campaign provides additional value for eligible customers applying for a Bajaj Finance Personal Loan online.

Eligible customers can visit the Bajaj Finance website to check their loan offer and apply online during the Loan Fest campaign period.

Terms and conditions apply* About Bajaj Finance Limited Bajaj Finance Ltd. (‘BFL’, ‘Bajaj Finance’, or ‘the Company’), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits. It has a diversified lending portfolio across retail, SMEs, and commercial customers with significant presence in both urban and rural India. It accepts public and corporate deposits and offers a variety of financial services products to its customers. BFL, a thirty-five-year-old enterprise, has now become a leading player in the NBFC sector in India and on a consolidated basis, it has a franchise of 69.14 million customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BB+/Positive and a short-term rating of B by S&P Global ratings.

(Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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