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    July 27, 2026
    OmniCard Launches India's First Flexi Benefits Basket on UPI — Employee Benefits Beyond Just Meals
    July 27, 2026
    Final US Section 301 Measures on Forced Labour: India Placed in Lower Tariff Tier at 10%
    July 27, 2026
    Department of Commerce Reviews Flue-Cured Virginia (FCV) Tobacco Market Situation in Andhra Pradesh
    July 27, 2026
    Ministry of Corporate Affairs’ ‘Corporate Mitra Scheme’ Awareness Webinar Successfully Organized by IICA Shillong for the youth and enterprises ...
    July 26, 2026
    FM Sitharaman directs Income Tax dept to work for benefit of common people
    July 26, 2026
    Crime Branch chargesheets 10 accused in separate fraud & forgery cases in Jammu
    July 25, 2026
    ED chargesheets 3 founders of Gameskraft under PMLA
    July 25, 2026
    IDFC FIRST Bank Q1FY27 Results: Highest Ever PAT of ₹1,075 Crore, Up 132.4% YoY
    July 25, 2026
    India placed in lower 10 pc US tariff bracket; reaffirms commitment to BTA
    July 25, 2026
    Ratnaveer Precision Engineering Reports 20% Revenue Growth and 21% PAT Growth in Q1 FY27
    July 25, 2026
    India placed in lower tariff tier at 10 pc under US Section 301 measures on forced labour: Govt
    July 25, 2026
    ED report says CMRL ex-MD cited Veena’s ties to then Kerala CM for payments
    July 25, 2026
    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman outlines 5Rs of responsive tax governance; Calls for greater tax certainty and ...
    July 24, 2026
    Trump says US will investigate EU trade practices, claiming bloc unfairly fined tech giants
    July 24, 2026
    World shares are mixed and oil prices fall, markets in Asia skid in sell-off of AI-related shares
    July 24, 2026
    Sitharaman ask I-T officials to go after tax evaders, ensure convenience for honest taxpayers
    July 24, 2026
    HIGHLIGHTS
    July 24, 2026
    Rupee recovers 20 paise to settle at 96.53 against US dollar
    July 24, 2026
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    July 24, 2026
    DPIIT's One District One Product Initiative Promotes 1,244 Unique Products Across 773 Districts
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July 27, 2026
OmniCard Launches India's First Flexi Benefits Basket on UPI — Employee Benefits Beyond Just Meals
Show AI Summary
UPI-enabled flexi benefits wallets support employee-selected tax-efficient allowances with category controls, compliance monitoring and employer reporting.
A UPI-enabled flexi benefits wallet is described as allowing employees to allocate employer-provided allowances among eligible categories and make payments through the relevant wallet at UPI-accepting merchants. Tax-efficient treatment is stated to depend on the prescribed conditions applicable to each benefit category. Merchant-category-code controls are intended to restrict expenditure to eligible purposes, while centralised allocation, transaction visibility and reporting support employer compliance. The arrangement is stated to operate through a Reserve Bank of India licensed prepaid payment instrument framework.
July 27, 2026
Final US Section 301 Measures on Forced Labour: India Placed in Lower Tariff Tier at 10%
Show AI Summary
Section 301 forced-labour measures place Indian imports in a lower tariff tier while preserving specified product exclusions.
Section 301 forced-labour import measures impose an additional ad valorem duty on imports from India, with India placed in a lower additional-tariff tier than initially proposed. Specified exports that attract no additional duties, and goods already subject to Section 232 measures, remain outside the Section 301 additional duty. A substantial portion of Indian exports is therefore excluded, while the remaining exports are subject to the additional duty. The textile-specific mechanism has not yet been operationalised, and engagement continues in relation to that mechanism and bilateral trade agreement negotiations.
July 27, 2026
Department of Commerce Reviews Flue-Cured Virginia (FCV) Tobacco Market Situation in Andhra Pradesh
Show AI Summary
FCV tobacco market stability remains under review through coordinated measures to protect growers and maintain transparent auction operations.
FCV tobacco market stability was reviewed with emphasis on protecting growers' interests and considering long-term measures for the sector. The delegation inspected Tobacco Board auction operations, interacted with growers on prevailing market conditions, and noted the transparent and orderly conduct of auctions. The Government is monitoring developments and examining appropriate measures with the State Government, Tobacco Board and stakeholders to safeguard FCV tobacco farmers' interests.
July 27, 2026
Ministry of Corporate Affairs’ ‘Corporate Mitra Scheme’ Awareness Webinar Successfully Organized by IICA Shillong for the youth and enterprises of Arunachal Pradesh
Show AI Summary
Corporate Mitra Scheme supports MSMEs through accredited professionals delivering affordable compliance, financial, taxation, accounting and governance assistance.
The Corporate Mitra Scheme seeks to strengthen MSMEs by connecting them with accredited para-professionals providing affordable compliance and business-support services. Corporate Mitras are envisaged to assist with regulatory compliance, finance, taxation, accounting and governance, allowing enterprises to focus on growth. The scheme also trains young graduates in industry-relevant skills and creates employment opportunities. IICA Shillong serves as the nodal agency for coordination, stakeholder liaison, promotion and awareness in the North Eastern Region.
July 26, 2026
FM Sitharaman directs Income Tax dept to work for benefit of common people
Show AI Summary
Tax administration must deliver timely lawful service, protect public assets, and uphold integrity in tax collection.
Tax administration should assist common citizens by handling matters within departmental authority without unnecessary delay, while remaining within applicable rules. Government departments should protect public land from illegal occupation and expedite lawful land transfers, permissions, construction arrangements and procurement for departmental premises and accommodation. Integrity is the essential principle for officials performing tax-collection functions.
July 26, 2026
Crime Branch chargesheets 10 accused in separate fraud & forgery cases in Jammu
Show AI Summary
Investment fraud and forged residence certificates prompted chargesheets over alleged misappropriation, fabricated revenue records, land purchases and employment access.
Criminal chargesheets concerned alleged investment fraud through false promises of high returns and alleged misappropriation of investor funds, involving a company stated to be unregistered with SEBI, RBI and the relevant Registrar of Companies. A separate chargesheet concerned alleged conspiracy to procure permanent resident certificates using forged revenue records, with the certificates allegedly used for land purchases and government employment. Forensic examination reportedly found that the relevant revenue documents were not genuine according to official records.
July 25, 2026
ED chargesheets 3 founders of Gameskraft under PMLA
Show AI Summary
Money-laundering allegations in online rummy gaming prompt prosecution proceedings and asset attachment over suspected cheating of users.
Money-laundering proceedings concerning online real-money rummy operations include a prosecution complaint against Gameskraft Technologies, RummyTime Technologies, founder-directors and associated persons. The allegations concern proceeds of crime said to arise from cheating users through rummy applications and from an addictive environment encouraging repeated wagering. The proceedings also involve provisional attachment, seizure and freezing of financial holdings, equity interests and immovable properties alleged to be connected with suspected proceeds of crime. The founder-directors' arrests were declared invalid by the Karnataka High Court, while the investigating agency proposes to challenge that order.
July 25, 2026
IDFC FIRST Bank Q1FY27 Results: Highest Ever PAT of ₹1,075 Crore, Up 132.4% YoY
Show AI Summary
Banking financial performance reflected loan and deposit growth, improved asset quality, stronger margins and prudent contingency provisioning.
Quarterly financial performance reflected growth in customer business, loans and deposits, expansion in lending portfolios, an improved CASA ratio and lower cost of funds. Asset quality improved through reductions in gross and net non-performing assets, while profitability indicators improved in relation to net interest margin, cost efficiency, provisions, net profit and return on assets. The bank received credit-guarantee claims for its microfinance portfolio and created a contingency provision for macroeconomic and geopolitical uncertainty. Capital adequacy and common equity tier-one ratios were also reported.
July 25, 2026
India placed in lower 10 pc US tariff bracket; reaffirms commitment to BTA
Show AI Summary
Forced-labour import tariffs place Indian goods under an additional duty while exemptions preserve access for specified exports.
A 10 per cent Section 301 additional import duty applies to specified Indian goods over and above ordinary most-favoured-nation duty, following a forced-labour-related investigation. Generic pharmaceuticals, smartphones, other specified products, and goods already subject to Section 232 sectoral duties remain outside the additional levy. The textile-specific mechanism has not yet been operationalised for India, while tariff-rate quota concessions using US-origin cotton and fibre were announced for certain other economies. India continues engagement on a bilateral trade agreement and tariff access for garments using American inputs.
July 25, 2026
Ratnaveer Precision Engineering Reports 20% Revenue Growth and 21% PAT Growth in Q1 FY27
Show AI Summary
Copper Clad Laminate expansion advances through policy and rights-issue approvals, supporting domestic electronics manufacturing and strategic growth initiatives.
The company reported progress on a proposed Copper Clad Laminate manufacturing project, including in-principle approval under the Gujarat Electronics Policy and substantial project completion. The facility is intended to support domestic electronics manufacturing and reduce import dependence. It also reported upgraded credit ratings, enhanced rated bank facilities, and stock-exchange in-principle approvals for a proposed rights issue supporting expansion and strategic growth initiatives.
July 25, 2026
India placed in lower tariff tier at 10 pc under US Section 301 measures on forced labour: Govt
Show AI Summary
US forced-labour tariffs place India in a lower tier while preserving exclusions for specified imports and Section 232 products.
US Section 301 forced-labour measures impose an additional 10 per cent tariff on imports from India, with India placed in a lower tariff tier than initially proposed. Generic pharmaceuticals, smartphones and certain specified products outside additional duties remain excluded, as do products already covered by Section 232 measures, including steel, aluminium and auto parts. The textile-specific mechanism has not yet been established or operationalised, and engagement continues in connection with bilateral trade agreement negotiations.
July 25, 2026
ED report says CMRL ex-MD cited Veena’s ties to then Kerala CM for payments
Show AI Summary
Money-laundering investigation examines alleged fictitious expenses, circular vendor payments, and consultancy payments without services or deliverables.
A money-laundering investigation alleges misappropriation through fictitious expense entries, unsupported vouchers, and inflated vendor invoices used to withdraw funds in cash. The Enforcement Directorate further alleges that payments described as software or IT consultancy expenses were made to Exalogic Solutions Pvt Ltd and Veena T without services or deliverables. The report cites statements concerning the alleged sham payments, Exalogic's dependence on company funds, and subsequent transfers from its account. The PMLA case is based on a prosecution complaint concerning suspected financial irregularities.
July 25, 2026
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman outlines 5Rs of responsive tax governance; Calls for greater tax certainty and reduced litigation at the 167th Income Tax celebrations in New Delhi
Show AI Summary
Tax certainty and taxpayer-centric administration drive simplified compliance, reduced litigation, digital service delivery, and stronger voluntary tax compliance.
Tax administration reform under the Income-tax Act, 2025, rules and forms is directed toward a simpler, transparent and taxpayer-centric system. Key priorities include reducing compliance costs and litigation through tax certainty, faster return processing, refunds, grievance redressal, voluntary compliance and timely appeal disposal. Digital initiatives, including PAN 2.0, ITBA 2.0, IEC 3.0, Kar Saathi and SAKSHAM NUDGE, are intended to simplify compliance and improve taxpayer experience. Capacity building in technology, international taxation, transfer pricing, digital assets and cybersecurity supports this reform agenda.
July 24, 2026
Trump says US will investigate EU trade practices, claiming bloc unfairly fined tech giants
Show AI Summary
Trade Practice Investigation: Tech-company antitrust fines prompt proposed tariffs and trade sanctions under federal trade law mechanisms.
A formal investigation into alleged unfair trade practices has been announced in response to European regulatory fines imposed on major United States technology companies. The stated concern is that digital antitrust penalties are unfairly directed at United States businesses, with possible tariffs on European Union imports indicated. The proposed response is linked to Section 301 of the Trade Act of 1974, permitting import taxes and other sanctions against unjustifiable, unreasonable or discriminatory trade practices.
July 24, 2026
World shares are mixed and oil prices fall, markets in Asia skid in sell-off of AI-related shares
Show AI Summary
Import tariffs and energy costs heighten inflation risks, pressuring consumers, corporate profits and monetary-policy expectations amid market volatility.
Fresh tariffs on imports, rising energy prices and Middle East conflict are identified as concurrent pressures on global financial markets. The tariff measures apply to nearly all imports into the United States and are paid by importing companies, which typically pass the additional costs to consumers. Higher energy costs and tariffs may increase inflationary pressure, reduce household discretionary spending and affect corporate profitability, while influencing monetary-policy expectations. Investors also questioned whether substantial artificial-intelligence investment can support technology-sector valuations.
July 24, 2026
Sitharaman ask I-T officials to go after tax evaders, ensure convenience for honest taxpayers
Show AI Summary
Responsive tax governance promotes taxpayer convenience, correction of bona fide errors, tax certainty, prompt refunds and prevention of avoidable litigation.
Responsive tax governance requires convenience for honest taxpayers, correction of bona fide errors and firm consequences for deliberate tax evasion. The Income Tax Act, 2025 is intended to simplify the legal framework, reduce uncertainty and lower compliance costs, supported by stronger electronic filing infrastructure and prompt refund processing. Tax certainty should promote voluntary compliance and shift the focus from litigation management to litigation prevention through consistent guidance, simplified procedures, technology, standardised processes, effective grievance resolution and reduction of recurring taxpayer difficulties.
July 24, 2026
HIGHLIGHTS
Show AI Summary
Examination integrity safeguards prompt monitoring, enforcement action and proposed stricter penalties for paper leaks and institutional failures.
Examination integrity measures include reported termination of agency officials, contemplated legal and criminal action, proposed stricter punishment for paper leaks, and Supreme Court monitoring of preventive steps. The Supreme Court also prohibited unauthorised posting or uploading of audio-video court proceedings on social media and digital platforms without prior administrative permission. The updates further address taxpayer facilitation alongside firm action against evasion, trade measures connected with forced-labour concerns, and potential legal action concerning university communications to students.
July 24, 2026
Rupee recovers 20 paise to settle at 96.53 against US dollar
Show AI Summary
Foreign exchange market stabilisation supported rupee recovery as investor outflows, geopolitical tensions and elevated crude prices maintained currency pressure.
Foreign exchange market conditions saw the rupee recover against the US dollar amid reports of Reserve Bank of India intervention and dollar sales by public-sector banks to limit further depreciation. Foreign institutional investor outflows, weak domestic equity sentiment, geopolitical tensions, and elevated crude oil prices continued to pressure the currency. A decline in crude prices, diplomatic engagement, and central-bank intervention were identified as potential stabilising factors.
July 24, 2026
Sri Lanka welcomes US tariff reduction
Show AI Summary
Forced-labour import prohibition enabled lower tariff treatment for Sri Lankan goods, supporting export competitiveness and responsible trade practices.
Tariff treatment for Sri Lankan goods entering the United States was reduced after Sri Lanka prohibited imports of goods produced using forced labour. The prohibition placed Sri Lanka within the lower tariff category under the stated US framework. The reduction is described as supporting exporter competitiveness while reflecting commitments to fair trade, responsible business practices, internationally accepted labour standards, and sustainable economic reforms.
July 24, 2026
DPIIT's One District One Product Initiative Promotes 1,244 Unique Products Across 773 Districts
Show AI Summary
One District One Product strengthens district product branding, market access, food-processing support and export-oriented value chains.
The One District One Product initiative supports district-identified products through branding, market access, exhibitions, capacity building and Government e-Marketplace onboarding. States and Union Territories select products and may leverage Central and State schemes, as no district-specific allocation is made. PM Ekta Malls and the PMFME Scheme support sales, food-processing projects, common infrastructure, branding, packaging, quality standardisation and food-safety compliance. Districts as Export Hubs promotes export-potential products through export committees, action plans and value-chain coordination.

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Chandigarh University MBA Students Secure 2,605 Job Offers from 300+ Leading MNCs in 2025 & 2026; 196 Students Receive Multiple Offers

July 27, 2026

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From Banking to IT, FinTech & FMCG: Students land in top MNCs with a highest package of ₹20.40 LPA
CHANDIGARH, India, July 27, 2026 /PRNewswire/ -- Chandigarh University (CU) is maintaining its excellent track record in campus placements with over 300 top notch Multi-National Companies (MNCs), spanning Banking, E-Commerce, IT, EduTech, FinTech, Healthcare, Retail, Business Analytics, FMCG and Automobile sectors, offering over 2,600 jobs to CU's Business Management students during the past two years.




Sharing details of Master of Business Management (MBA) placements, Deepinder Singh Sandhu, Senior Managing Director, Chandigarh University said, "CU's 196 MBA students received multiple job offers in 2025 and 2026 with highest package of Rs. 20.40 Lakh Per Annum (LPA) while the average salary packages remained between Rs. 5.61 LPA to Rs. 6.6 LPA."
He said that underscoring the growing industry trust in Chandigarh University's industry-aligned world-class education, over 300 MNCs which visited the CU campus to recruit job-ready fresh talent included Deloitte USI, HCL Technologies Ltd., Tata Consultancy Services (TCS), Bosch, Mahindra Finance, Flipkart, UltraTech Cement Limited, Indicaa Group, Federal Bank, Physics Wallah, Asian Paints, KPMG India, Bajaj Auto Credit Limited, Capgemini India, Policybazaar, Ford Business Solutions, Blinkit, BigBasket.com, Berger Paints, Apollo Tyres, Zomato, South Indian Bank, Godrej Capital, Reliance BP Mobility, and Volkswagen.


Sandhu said that 1481 students from the MBA Flagship Programs, MBA with dual specialisation integrated with AI – secured jobs in 2025 and 2026 with the highest salary package of Rs. 17.22 LPA, with 116 students receiving multiple job offers. The total number of job offers for students of MBA Flagship Programs stood at 1,637 during the past two years.


He said that in domain-wise placements, over 174 companies offered jobs in marketing to 1158 students with highest package of Rs. 17.22 LPA. The top recruiters for the marketing roles included Federal Bank, South Indian Bank, Policybazaar and TVS Motors.


In Human Resources (HR) domain, 89 students of the MBA Flagship Programs secured jobs in 2025 and 2026 with highest package of Rs. 10 LPA. The top recruiters for HR jobs included Hyundai Motors, Rolling, BNY International Operations, HighRadius Technologies Pvt. Ltd. and Bosch.


Forty-two students of the MBA Flagship Programs secured jobs in Operations Management during 2025 and 2026, with the highest package of Rs. 10 LPA. The top recruiters in Operations Management included Reliance BP Mobility Limited, Lesso Build Tech Pvt. Ltd., Prism Johnson, Blinkit, BNY International Operations and CP Wholesale India Pvt. Ltd.


Eight students of MBA Flagship secured jobs in Supply Chain Management during past two years with the highest package of Rs. 7 LPA. The top recruiters for Supply Chain Management included UltraTech Cement Limited, DHL Supply Chain India Pvt. Ltd, Bunge India Pvt. Ltd. and Wonder Group.


In Business Analytics, eight students of the MBA Flagship Programs secured jobs in past two years, with the highest package of Rs. 9.25 LPA. The top recruiters in Business Analytics domain included Rentokil India Pvt. Ltd., Hyundai Motors and HPL Additives Limited.


Twenty-one students of the MBA Applied Finance and Analytics secured jobs in 2025 and 2026, while Rs. 10.12 LPA remained the highest package in this field. The top recruiters included GoDaddy Deloitte USI (Tax), UltraTech, KPMG, Volkswagen Group and Federal Bank.


On industry collaborated programs, offered by Chandigarh University's Apex Institute of Management, Sandhu said that 884 MBA students secured jobs in past two years with highest package of Rs 20.40 LPA and average salary of Rs. 6.19 LPA. "In all, 80 MBA students of industry collaborated management programs received multiple job offers with the total number of offers reaching 968 in the past two years," he added.


On domain-wise placements of industry collaborated MBA programs, Sandhu said that students of the MBA Business Analytics, offered in association with IBM, secured 324 jobs in past two years with the highest package of Rs. 20.40 LPA. The top recruiters for students of MBA Business Analytics included TCS, Deloitte USI, Mahindra Finance, HCL Technologies, Indicaa Group and Federal Bank.


He said students of the MBA Banking, Financial Services and Insurance with SBI, Tally and Moody's Analytics secured 127 jobs in past two years, with the highest package of Rs. 17.22 LPA. Top recruiters in this domain included Deloitte USI, Physics Wallah, Asian Paints, Federal Bank, Mahindra Finance, KPMG India and Bajaj Auto Credit Limited.


Speaking about the MBA Strategic HR with AON, Sandhu said that students of this program secured 93 jobs in past two years with the highest package of Rs. 15.2 LPA while the top recruiters in this domain included TCS, Capgemini India, DSM-Firmenich GBS, Policybazaar and NXP Semiconductors.


He said students of the MBA Logistics and Supply Chain Management with CII secured 72 jobs with highest package of Rs. 10.5 LPA. The top recruiters in this domain included KPMG India, Flipkart Pvt. Ltd., UltraTech Cement Limited, DHL, Ford Business Solutions, Blinkit, BigBasket.com and Berger Paints.


Sandhu also added that the students of the MBA Digital Marketing with Adobe secured 114 jobs in 2025 and 2026 with the highest package of Rs. 17.2 LPA. The top recruiters in this domain included Capgemini India, Zomato, Federal Bank Ltd. and Apollo Tyres.


He said students of the MBA-Fintech with NSE Academy secured 89 jobs with the highest package of Rs. 17.2 LPA. The top recruiters for MBA-Fintech students included, Deloitte USI, South Indian Bank, DSM-Firmenich GBS, Federal Bank and Bajaj Auto Credit Limited.


On MBA Data Science and AI with SAS, Sandhu said 57 students of this program secured jobs in 2025 and 2026 with highest package of Rs. 17.2 LPA. The top recruiters in this domain included Federal Bank, Ford Business Solutions, KPMG India, Apollo Tyres, HCL Technologies Ltd and. Deloitte USI.


He said that 15 students from the MBA Healthcare & Hospital Management were offered with Max Institute of Medical Education, secured jobs in past two years with highest package of Rs. 20.4 LPA. The top recruiters in this domain included Indicaa Group, Max Super Speciality Hospital, Neelam Hospital and Paras Hospital.


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 field 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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