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    India's forex reserves jump USD 6.12 bn to USD 682.35 bn
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July 31, 2026
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Foreign exchange reserves increased as foreign currency assets and gold holdings rose, alongside measures to attract forex inflows.
India's foreign exchange reserves increased during the reporting week, principally because foreign currency assets and gold reserves rose. Foreign currency assets, expressed in United States dollar terms, include valuation effects from movements in currencies such as the euro, pound and yen. Special Drawing Rights and the reserve position with the International Monetary Fund declined. Measures including the FCNR(B) measure were reported as efforts to attract foreign-exchange inflows following rupee pressure and dollar-sales intervention.
July 31, 2026
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Digital marketplace access for women's self-help group products expands e-commerce opportunities while panchayat-level citizen services are strengthened.
Digital marketplace access for women's self-help group products is proposed through a memorandum of understanding between CSC eStore and the Jharkhand State Livelihood Promotion Society. Products marketed under the 'Palash' and 'Adiva' brands are intended to be offered through an e-commerce network to widen market access, support rural women's income and entrepreneurship, and strengthen the rural economy. Digital panchayat services are also being expanded through Common Service Centres, including banking, e-governance and Aadhaar-related services.
July 31, 2026
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Agricultural export facilitation expands market access for late-season mangoes through farmer aggregation and direct global market linkages.
Agricultural export facilitation enabled an air shipment of late-season Neelam and Totapuri mangoes to an international market, expanding market access and extending the mango export season. Direct sourcing through a Farmer Producer Company supported organised aggregation, quality produce, and export-oriented supply chains. Direct procurement and export market linkages enabled participating farmers to realise higher returns than conventional market channels while promoting horticultural export diversification.
July 31, 2026
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Cross-border digital payment integration enables real-time Favara transfers from Maldives mobile banking applications to UPI-enabled accounts in India.
Cross-border digital payment integration between Favara and UPI enables individuals in the Maldives to make real-time person-to-person transfers to UPI-enabled bank accounts in India through mobile banking applications. Transfers are initiated in Maldivian Rufiyaa and credited in Indian Rupees. The initial service is available through participating Maldivian banks. Permitted remittances include family-maintenance transfers under foreign inward and outward remittance categories, and gift-related transfers under foreign outward remittance. Future phases are intended to introduce QR-based merchant payments and other digital payment services.
July 31, 2026
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Procedural Fair Hearing in competition inquiries requires notice when the Commission departs from investigative findings before imposing action.
Competition law procedure requires the Competition Commission to notify and hear an opposite party when departing from the Director General's findings. The penalty order concerning alleged abuse of dominance in viscose staple fibre supply was set aside because Grasim Industries was not given an opportunity to respond to the Commission's disagreement with the investigative findings. The matter was remanded for fresh, time-bound consideration without a finding on the merits.
July 31, 2026
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Manufacturing contraction highlights weak domestic demand, property-sector pressure and continued reliance on technology-related exports for economic growth.
Manufacturing activity in China contracted in July, as the official purchasing managers' index fell below the expansion threshold and new orders and production declined. Weak domestic demand, lower building activity and possible typhoon-related disruptions contributed to the slowdown. Consumer spending, investment and property-sector weakness continue to affect confidence, while technology-related exports support growth. Policy commitments include strengthening domestic consumption amid continued reliance on exports.
July 31, 2026
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Public-private partnership airport development strengthens aviation, cargo logistics, export infrastructure and sustainable connectivity through an integrated international airport project.
The Bhogapuram airport project is being implemented under a Public-Private Partnership through the Design, Build, Finance, Operate and Transfer framework. It has obtained required aerodrome, safety, fire and environmental clearances and includes infrastructure for domestic and international aviation, passenger processing and airport security. Cargo and cold-chain facilities are intended to support exports and logistics integration, while recycled-water use and LEED Platinum standards form part of the project's sustainability features.
July 31, 2026
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Rupee appreciation against the US dollar continued as foreign inflows and lower crude prices supported domestic currency markets.
Rupee appreciation against the US dollar continued in early trading, supported by foreign capital inflows and lower global crude oil prices. A stronger US dollar constrained further appreciation, while expectations of continued Reserve Bank of India intervention were cited as supporting the rupee. Declining Brent crude prices, gains in domestic equity indices and net foreign institutional investment in equities were also identified as relevant market factors.
July 31, 2026
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Value-added Makhana exports expand international market access, support quality compliance, and improve farmer returns through processing and branding.
Agricultural export facilitation supported the first sea shipment of value-added flavoured Makhana from Bihar to Canada. Processed and packaged to international quality and food-safety standards, the export demonstrates the role of processing, value addition and export-oriented manufacturing in expanding overseas market access. The initiative is stated to improve farmer returns through value addition, while capacity building, export infrastructure, quality compliance, market linkages and stakeholder collaboration support the agri-export ecosystem.
July 30, 2026
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Market access for Indian pharmaceuticals remains central to bilateral efforts to promote sustainable trade and economic cooperation.
Enhanced market access for Indian products, particularly pharmaceuticals, was raised in discussions aimed at strengthening bilateral trade and economic ties. The discussions addressed sustainable trade, and the sides agreed to increase mutual cooperation and communication. India continues to seek greater access to China's information technology, pharmaceutical and agricultural sectors, while pursuing increased pharmaceutical exports and Chinese investment. Bilateral trade increased, but India's trade deficit widened, reflecting an ongoing imbalance in trade flows.
July 30, 2026
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Money laundering asset attachment targets overseas bank deposits linked to alleged loan fraud and fugitive economic offenders.
Provisional attachment under the Prevention of Money Laundering Act was reported against Singapore bank deposits held by a company promoter and associated entities in an alleged loan-fraud and money-laundering investigation. The underlying case arises from allegations of fraud, criminal misappropriation, criminal breach of trust and cheating affecting a consortium of lending banks. Service of the attachment order was reported through mutual legal-assistance arrangements, and the promoters had reportedly been declared fugitive economic offenders.
July 30, 2026
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Deposit interest rate uniformity requires equal rates for similar deposits, while allowing risk-based differentiation for bulk deposits.
Banks must apply uniform deposit interest rates across branches and customers for similar deposit amounts accepted on the same date, without discrimination. Rates payable, including for bulk deposits, must strictly follow schedules disclosed in advance on bank websites. Bulk deposit rates must be published each business day at 10:00 am, subject to a short permitted delay. Differentiated bulk-deposit rates may be offered based on applicable differential run-off rates under the Liquidity Coverage Ratio framework.
July 30, 2026
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Supply-chain continuity measures prioritise energy, fertiliser and seafarer protection amid conflict-driven disruptions across critical maritime transit routes.
Supply-chain continuity and energy security measures were reviewed in response to geopolitical conflicts disrupting maritime transit routes and imports. Measures included diversification of LPG procurement, maintenance of petroleum stocks, expansion of PNG, gas-grid, LNG and city-gas infrastructure, and pipeline connectivity approvals. Fertiliser requirements and alternative procurement sources were considered to ensure uninterrupted supply. A unified monitoring mechanism and support arrangements for seafarers, including timely information, emergency assistance and counselling, were directed to protect citizens, economic interests and the Indian diaspora.
July 30, 2026
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Property digital identity framework proposed through comprehensive surveys, floor-level records, and unique cards to improve ownership verification.
The proposed Delhi Land Records Bill, 2026 contemplates a digital land-records framework requiring scientific surveys of every property, comprehensive authenticated digital records and a unique Property Aadhaar Card. The proposed system would cover rural and urban residential, commercial and other properties, including floor-level records for buildings. It is intended to improve ownership verification, property transactions, inheritance, loan access, building-plan approvals and transparency in land records.
July 30, 2026
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Supply-chain resilience amid maritime conflict drives measures to protect energy imports, fertiliser supplies, seafarers and overseas citizens.
Supply-chain continuity was reviewed in response to conflicts affecting maritime routes through the Strait of Hormuz, the Black Sea, the Red Sea and the Gulf of Aden. The concerns included disruptions to imports of petroleum, natural gas, fertilisers and other essential goods, risks to ships and seafarers, and the safety of Indian citizens in conflict areas. Measures were considered to maintain uninterrupted imports, protect economic interests and address constraints affecting critical energy and trade corridors.
July 30, 2026
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Economic growth and persistent inflation shaped slower output, import pressures, and continued interest-rate restraint despite resilient consumer spending.
United States economic growth slowed in the second quarter as increased imports reduced gross domestic product growth, despite stronger consumer spending and business investment linked to artificial intelligence. The preferred inflation measure moderated but remained above the central bank's target, with core consumer prices showing limited change. The benchmark interest rate was retained for a fifth consecutive meeting, though some regional presidents supported an increase to address elevated inflation. Employment growth and consumer spending continued to support economic resilience amid high living costs and energy-price pressures.
July 30, 2026
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Gold market volatility reflects retail buying, global price trends, currency movements, and weaker domestic demand linked to higher customs duty.
Gold prices rose on fresh buying by jewellers and retailers amid firm international trends, while silver prices declined. Improved domestic demand and a pullback in the US dollar supported gold, though a stronger rupee limited further gains. India's gold demand declined year-on-year during April-June, attributed to seasonally subdued sales, higher customs duty and an appeal to reduce purchases. Global gold demand remained broadly unchanged, while precious metals were expected to remain volatile and range-bound.
July 30, 2026
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Protection and indemnity insurance expands domestic maritime risk coverage for third-party liabilities and strengthens self-reliant insurance capacity.
Bharat Maritime Insurance Pool has introduced a sovereign-backed Protection & Indemnity insurance product to cover third-party maritime liabilities, including crew and cargo claims, pollution liability and wreck removal. The product expands the pool beyond cargo and hull war-risk coverage and is supported by combined indemnity capacity and a port-correspondent network. The pool is intended to maintain uninterrupted maritime war-risk insurance, build domestic underwriting capacity, strengthen maritime risk management, reduce foreign-market dependence and promote self-reliance in specialised insurance solutions.
July 30, 2026
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Cloud-native digital banking transformation integrates lending, cash management and liquidity tools while supporting scalable, resilient and compliant operations.
Digital banking transformation through a cloud-native software-as-a-service platform entails migration from legacy systems to integrated deposits, lending, virtual account management and liquidity-management capabilities. Real-time data, artificial intelligence foundations, open APIs and event-driven architecture are intended to support digital banking products, corporate cash management and operational agility. Liquidity tools are designed to provide visibility and control over cash positions and working capital. The implementation is intended to deliver scalability, resilience, security and high availability while assisting regulatory compliance; projected benefits remain subject to risks and uncertainties.
July 30, 2026
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Workplace culture recognition highlights continued investment in employee wellbeing, inclusion, learning, collaboration and growth at a stockbroking firm.
Workplace culture recognition was awarded to Kotak Securities through Great Place to Work Certification for a second consecutive year and inclusion among India's Best Workplaces in Investments 2026. The recognition followed assessment of employee feedback, workplace practices and organisational culture, reflecting employee trust, engagement and belonging. The company states that it will continue initiatives supporting employee wellbeing, learning and development, inclusion, collaboration and growth.

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73 Sports Medal Winners of Chandigarh University get government jobs in 2025-26

July 28, 2026

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Bags jobs in Railways, Armed Forces, ITBP, BSF, Police & Banks
CHANDIGARH, India, July 28, 2026 /PRNewswire/ -- With outstanding performances in the sports arena, Chandigarh University's 73 medal-winning student-athletes, including 29 females, have been selected for government jobs in the Indian Army, Central Armed Police Forces (CAPFs), Paramilitary Forces and various government institutions under the Sports Quota during 2025-26 academic year.




Sharing details, Deepinder Singh Sandhu, Senior Managing Director, Chandigarh University said 73 meritorious student athletes of Chandigarh University have been selected for the government jobs on the basis of their outstanding medal-winning performances at state, national, and international levels in diverse sports, including Athletics, Kayaking and Canoeing, Badminton, Boxing, Fencing, Hockey, Judo, Kabaddi, Swimming, Rowing, Rugby, Table Tennis, Weightlifting, Wrestling, Basketball and Volleyball.


"Of the 73 student-athletes who secured government jobs in the past one year, 56 (76%) have joined Army, Paramilitary and Central Armed Police Forces including Border Security Force (BSF), Central Industrial Security Force (CISF), Indo-Tibetan Border Police (ITBP), Sashastra Seema Bal (SSB) and Assam Rifles. In addition to this, 17 Chandigarh University's student athletes have also secured jobs in the Railways, Police, Income Tax Department, Haryana Sports Department, SBI, and other government institutions. This remarkable achievement not only reflects the recognition of the outstanding performances of our student athletes but also underscores Chandigarh University's commitment to nurture champions, on the field and beyond," he said.


Sharing discipline-wise appointments in government jobs, Sandhu said, "Among CU's student athletes who secured government jobs, the largest group—comprising 21 individuals—comes from kayaking and canoeing, the popular water sports. Chandigarh University won 23 of 30 Gold Medals, 1 Silver and 1 Bronze Medal in Canoe and Kayaking, the popular water sports discipline, during 5th Edition Khelo India University Games (KIUG) 2025 where Chandigarh University created history by topping the medal tally with a staggering haul of 42 Gold Medals, 14 Silver Medals and 11 Bronze Medals."
He said apart from Canoe and Kayaking, 13 student athletes from Rowing, 7 from Weightlifting, 5 each from Athletics and Boxing, 4 from Volleyball, 9 from Basketball, 3 each from Fencing and Kabaddi, 2 each from Judo, Swimming, and Wrestling, and 1 each from Pencak Silat, Table Tennis, and Rugby have also been selected for government jobs during 2025-26. These figures demonstrate Chandigarh University's commitment to excellence in both academics and sports. Since its inception in 2012, Chandigarh University has been setting remarkable new benchmarks in grooming successful professionals across both traditional and emerging sports disciplines.


Sandhu said, "Among the selected student-athletes, 17 were chosen for the BSF, 14 for the CISF, 9 for the ITBP, 6 for the Indian Army, 3 for the SSB, 1 for the Assam Rifles, and 1 for other paramilitary forces. Additionally, 14 athletes were selected by Indian Railways, one each by the Himachal Pradesh Police, Income Tax Department, State Bank of India, Haryana Sports Department, Bihar Government while the recruitment process for three athletes into the UP Police is currently underway. These appointments clearly demonstrate that the university's athletes are fully prepared to play pivotal roles in national security, law enforcement, and public service.


Speaking on the students' achievements in sports, Deepinder Singh Sandhu said, "The selection of 73 athletes into government departments—including the Indian Army, ITBP, CISF, and BSF—is not only a matter of pride for Chandigarh University but also serves as an inspiring example for young athletes across the country. This achievement underscores the fact that when talent is supported by world-class facilities, expert guidance, and the right opportunities, athletes can achieve success on the sports field while also securing the supreme opportunity to serve the nation. The university does not merely prepare athletes for competitions; it also provides training for physical, mental, and personality development aligned with the selection processes of defense services and other government institutions. This is why our athletes are consistently achieving success in government services alongside winning medals in competitions."
Sandhu said it was the outstanding performance of Chandigarh University's talented students that led to the university becoming the first private institution in India to win the Maulana Abul Kalam Azad Trophy by winning the 4th edition of KIUG 2024 by winning 71 medals including 32 gold. CU shattered its own record by winning 10 more gold medals in KIUG 2025 to finish with 42 gold medals which is highest ever haul by a university in the Khelo India University Games to secure the winner's title at the Khelo India University Games for two consecutive years. Furthermore, in the 2025-26 period, Chandigarh University's athletes won 338 medals—comprising 147 gold, 92 silver, and 99 bronze—across various national, international, zonal, and AIU competitions. This shows that being India's number one private university, our focus extends beyond academic excellence to honing budding sporting talent and shape them into national and international medal winners. By producing sportspersons of national and international repute, Chandigarh University is strengthening India's sporting ecosystem to achieve the vision of our Prime Minister to make the nation a sporting superpower.


Sandhu said the pursuit of excellence at Chandigarh University is not merely restricted to academics and produced acclaimed athletes like cricketer Arshdeep Singh, Arjuna Awardee and Indian Kabaddi Team captain Pawan Sehrawat, hockey star Sanjay who have brought laurels to the country. "Chandigarh University empowers athletes through world-class education, global-standard academics, and robust sports scholarships. Chandigarh University's dedicated sports policy that not only hones sporting talent but also produced national and international achievers with professional training, state-of-the-art sporting infrastructure and strict diet regimen. The university has allocated an annual budget of Rs 6.5 crore for sports. Athletes and players are provided with special diets, sports kits, travel arrangements, coaching, hostel accommodation, and all other facilities free of cost by the university to help Chandigarh University student athletes pursue their passion in sports without any economic constraints and secure bright career opportunities," he added.


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 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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