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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
    New Handbook In-House Matters Maps the General Counsel's Rise to Business Leadership as India Builds Legal Capability Centres
    InCred Asset Management has Crossed ₹1,000 Crore in investments in listed healthcare companies, becoming one of India''s largest dedicated Healthcar...
    OmniCard Launches India's First Flexi Benefits Basket on UPI — Employee Benefits Beyond Just Meals
    Final US Section 301 Measures on Forced Labour: India Placed in Lower Tariff Tier at 10%
    Department of Commerce Reviews Flue-Cured Virginia (FCV) Tobacco Market Situation in Andhra Pradesh
    Ministry of Corporate Affairs’ ‘Corporate Mitra Scheme’ Awareness Webinar Successfully Organized by IICA Shillong for the youth and enterprises ...
    FM Sitharaman directs Income Tax dept to work for benefit of common people
    Crime Branch chargesheets 10 accused in separate fraud & forgery cases in Jammu
    ED chargesheets 3 founders of Gameskraft under PMLA
    IDFC FIRST Bank Q1FY27 Results: Highest Ever PAT of ₹1,075 Crore, Up 132.4% YoY
    India placed in lower 10 pc US tariff bracket; reaffirms commitment to BTA
    Ratnaveer Precision Engineering Reports 20% Revenue Growth and 21% PAT Growth in Q1 FY27
    India placed in lower tariff tier at 10 pc under US Section 301 measures on forced labour: Govt
    ED report says CMRL ex-MD cited Veena’s ties to then Kerala CM for payments
    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman outlines 5Rs of responsive tax governance; Calls for greater tax certainty and ...
    Trump says US will investigate EU trade practices, claiming bloc unfairly fined tech giants
    World shares are mixed and oil prices fall, markets in Asia skid in sell-off of AI-related shares
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    July 27, 2026
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    MBA campus placements across industry-linked management programmes report recruitment activity spanning finance, analytics, technology, supply chain, healthcare and marketing roles.
    Chandigarh University reports MBA placement activity during 2025 and 2026 across banking, information technology, financial technology, healthcare, retail, analytics, consumer goods and automobile sectors. It describes placements in flagship, applied finance and analytics, and industry-collaborated MBA programmes, including marketing, human resources, operations, supply chain, business analytics, digital marketing, financial technology, data science and healthcare management. The release identifies industry collaborations and participating recruiters, and is issued under a PRNewswire arrangement with PTI disclaiming editorial responsibility.
    July 27, 2026
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    General Counsel leadership now integrates commercial decisions, regulatory risk, legal-team design, and technology adoption within corporate management.
    Corporate legal departments are evolving from compliance-focused functions into strategic business partners. The General Counsel's role encompasses commercial decision-making, regulatory and reputational risk, acquisitions, market entry, contracts, disputes, crisis management and technology adoption. Increased regulatory complexity and the growth of legal capability centres require proactive legal functions with appropriately structured teams, processes, workflow allocation, and use of technology and artificial intelligence.
    July 27, 2026
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    Healthcare portfolio management services disclose equity strategy performance, benchmark methodology, fee treatment and the absence of regulatory performance verification.
    InCred Healthcare Portfolio is identified as an investment approach/product under an Equity Strategy pursuant to a SEBI circular. Its disclosed performance is benchmarked against the BSE 500 TRI, calculated using the Time Weighted Rate of Return method prescribed by SEBI, and stated to be net of fees and expenses. Returns for shorter horizons are described as absolute returns. The performance information is expressly stated not to have been verified by SEBI, and SEBI has not certified its accuracy or adequacy.
    July 27, 2026
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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
    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
    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
    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
    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
    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
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    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
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    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
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    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
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    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.

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      50,000 Students to Participate in Season 2 of the Franklin Templeton National Mutual Fund Olympiad 2026

      August 4, 2026

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      MUMBAI, India, Aug. 4, 2026 /PRNewswire/ -- FinX, India's leading platform for BFSI learning and certification programmes, has announced the launch of the Franklin Templeton National Mutual Fund Olympiad (FTNMFO) 2026, a nationwide initiative aimed at strengthening financial literacy and investment awareness among students. Undergraduate and postgraduate students across academic disciplines are invited to participate, with the Olympiad expected to engage over 50,000 students from more than 1,000 colleges across India. Groww, India's leading investment platform, has been onboarded as the education partner while the programme is also supported by the BFSI Sector Skill Council of India (BFSI SSC).

      India's financial literacy landscape has evolved significantly over the last decade, and the participation from youth has been remarkable. In fact, SEBI's Investor Survey 2025 found that 66% of Gen Zs were aware of at least one market-linked investment product, signalling a growing interest in investing among young Indians. The Olympiad seeks to build on this foundation by helping young learners with a real-world experience to understand, access and engage with investment products such as mutual funds, ETFs, PMS, AIFs and SIFs, enabling them to participate more confidently in India's expanding investment ecosystem.

      Speaking on the launch, Avinash Satwalekar, President, Franklin Templeton Asset Management (India) Pvt., said, "The enthusiastic response to the inaugural Franklin Templeton National Mutual Fund Olympiad reaffirmed the growing interest among young Indians to build practical financial knowledge beyond the classroom. At Franklin Templeton, we believe financial literacy is an essential life skill, and initiatives like the Olympiad help equip students with the confidence to make informed financial decisions while improving their understanding of the evolving investment landscape. As we launch Season 2, we look forward to reaching many more students and continuing to promote investment awareness and financial capability across the country." Himanshu Vyapak, MD & CEO, FinX, said, "The Franklin Templeton National Mutual Fund Olympiad has evolved into a unique platform that brings together academia and industry to make financial education more engaging, accessible and relevant for students. The response to the first edition demonstrated a strong appetite among young learners to understand investing and personal finance in a practical manner. With Season 2, we aim to significantly expand our reach, deepen engagement across campuses and continue building a financially aware generation that is better prepared for the opportunities and responsibilities of India's evolving financial ecosystem. This programme is also supported by the BFSI Sector Skill Council of India (BFSI SSC)." Harsh Jain, Co-founder & COO, Groww, said, "Despite all the growth, very few Indians invest in mutual funds today. Most people haven't even taken the first step. What we have realised over the years is that access is no longer the problem - understanding is. The best time to build that understanding is when someone is still a student, before they invest their first rupee. If young people learn how markets and mutual funds actually work early on, they carry those habits for life. That is why as part of our larger commitment to investor education, we are supporting this Olympiad, which takes this learning to college campuses across the country." Building on the success of its inaugural edition, which attracted more than 10,000 students from over 400 colleges, the 2026 edition aims to significantly expand its reach and impact. Within a structured, multi-level competition, participants will be assessed on their understanding of mutual funds, investment fundamentals, financial planning, market concepts and long-term wealth creation. Registrations are now open through the official Olympiad platform, while participating colleges can enrol at no cost.

      Through the Olympiad, Franklin Templeton, FinX and Groww seek to strengthen financial literacy among young Indians by bringing together academic institutions and industry expertise.

      About Franklin Templeton Franklin Templeton is a global investment management organization with over 75 years of experience helping individual and institutional investors achieve their financial goals. Operating in more than 30 countries with offices across over 80 financial centres, the firm offers expertise across equity, fixed income, alternatives, multi-asset and customized investment solutions. In India, Franklin Templeton has been serving investors for more than 30 years, providing a broad range of mutual fund solutions while remaining committed to investor education, financial literacy and long-term wealth creation. The firm combines global investment capabilities with local market insights to help investors navigate evolving financial markets and pursue their long-term investment objectives.

      About FinX FinX is a leading financial education, skilling and employability platform dedicated to developing industry-ready talent for the BFSI sector. Through its career-focused certifications, industry-integrated learning programmes, national competitions and institutional partnerships, FinX equips students and young professionals with practical knowledge across banking, financial markets, wealth management, mutual funds and allied financial services. By bridging the gap between academia and industry, FinX works closely with educational institutions and leading financial organisations to promote financial literacy, enhance employability and build a future-ready workforce for India's evolving financial ecosystem.

      About Groww Groww is India's largest investment platform by active users. Founded in 2016, Groww's mission is to make financial services simple, accessible and transparent for every Indian. Through its platform, customers can access a wide range of financial products including stocks, MTF, wealth advisory, mutual funds, ETFs, IPOs, commodities, derivatives, bonds, among others. With a strong focus on user experience, technology and investor education, Groww is helping build greater participation in India's financial markets and empowering individuals to take charge of their financial futures.

      About BFSI Sector Skill Council of India Established in 2011 under the National Skill Development Corporation (NSDC), the BFSI Sector Skill Council of India (BFSI SSC) is responsible for skill development in the Banking, Financial Services, and Insurance sector. Working in collaboration with the RBI, IRDAI, SEBI, PFRDA, leading banks, insurance companies and financial institutions, the Council designs industry-led qualifications and certification programs to enhance employability and productivity. BFSI SSC actively supports national skilling initiatives to build a future-ready workforce and strengthen India's financial ecosystem.

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

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