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    NICDC Organises Cross-Learning Site Visit to AURIC Smart City to Strengthen Industrial Corridor Development
    India Concludes Eighth Trade Policy Review at WTO in Geneva
    US' temporary 10 pc tariff set to expire on Friday unless extended or new duties announced
    PNB to establish Quantum Finance Innovation Hub in Amaravati
    Infosys veteran Ashiss Kumar Dash to succeed Salil Parekh as new CEO in 2027
    Gold falls Rs 400 per 10 grams amid surging oil prices
    PNB and Andhra Pradesh sign MoU to establish India's first Bank-led Quantum Finance Hub at Amaravati
    Govt allows FDI in inventory-based e-commerce model only for export purposes
    Joint home loans in India - interest rates start at 7.25%* p.a. for salaried applicants
    6Wresearch: India Export Attractiveness Tracker 2026
    Govt allows FDI in inventory-based model of e-commerce only for export purposes
    CRIF India Launches Chennai Chapter of 'Credit Goes to HER' to Strengthen Women's Leadership in the Credit Ecosystem
    Loan Fest 2026: Apply for a Bajaj Finance Personal Loan Online with Attractive Offers
    Rupee slips 4 paise to settle at 96.57 against US dollar
    Supertech twin towers: SC defers hearing on plea seeking refund for homebuyers
    Invest Manchester: UK-India Free Trade Agreement Opens New Doors for APAC Manufacturers
    4 Chandigarh University Law Graduates Become Judicial Officers, 244 Secure Jobs at Corporate Law Firms
    ISTITUTO MARANGONI MUMBAI PRESENTS ITS 2026 STUDENT SHOWCASE — ‘ASTITVA’
    Rupee rises 5 paise to 96.48 against US dollar in early trade
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July 24, 2026
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Integrated industrial city development promotes cross-learning on digital governance, investor facilitation, infrastructure planning and plug-and-play industrial parks.
Industrial corridor development is being supported through cross-learning on AURIC Smart City's integrated planning, infrastructure and governance practices. The programme addresses master planning, utility systems, digital monitoring, land utilisation, investor facilitation, project implementation and coordination among implementing agencies. It also considers application of these practices to the Bharat Audyogik Vikas Yojana for plug-and-play industrial parks, with emphasis on integrated utilities, digital land management, investor-friendly approvals, sustainable infrastructure and multimodal connectivity.
July 24, 2026
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WTO trade policy review highlights India's commitment to transparent trade rules, development policy space and multilateral engagement.
India reaffirmed an open, transparent, predictable and WTO-consistent trade and investment regime through tariff reform, customs simplification and free trade agreement initiatives. Its trade policy was presented as balancing developmental needs with WTO principles: agricultural tariffs protect vulnerable farmers, while industrial tariffs support supply-chain resilience and domestic manufacturing. India also committed to transparent, consultative and rules-compliant sanitary measures, technical regulations and trade remedies, with investigations based on objective evidence, due process and judicial oversight, including continued application of the Lesser Duty Rule in anti-dumping matters.
July 23, 2026
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Temporary Section 122 surcharge expiry may restore MFN treatment for Indian exports, while Section 301 tariff uncertainty continues.
The US temporary Section 122 import surcharge on Indian goods is scheduled to expire unless extended or replaced, restoring affected imports to normal US MFN tariff treatment. Liability depends on entry for consumption or warehouse withdrawal. Section 232 national-security tariffs remain unchanged. Indian exports may still face fresh measures under Section 301 investigations into forced labour and excess manufacturing capacity, alongside potential country-specific or sectoral tariffs. The expiry may improve export competitiveness and market access, particularly for labour-intensive and MSME-driven sectors.
July 23, 2026
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Quantum finance innovation will advance secure digital banking through cybersecurity, fraud detection, collaborative research, workforce development and digital literacy.
A Quantum Finance Innovation Hub is proposed to apply quantum technologies to banking through stronger cybersecurity, proactive financial-fraud detection and secure digital financial ecosystems. The initiative will bring together industry, academia, startups, research organisations and government agencies to promote innovation in quantum computing, artificial intelligence and related technologies. It also focuses on workforce development, digital literacy, public confidence in digital financial services, and technology-enabled responses to cybercrime and digital-arrest scams.
July 23, 2026
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Chief executive succession plan appoints a CEO designate, subject to shareholder approval, for an AI-led corporate leadership transition.
Corporate leadership succession at Infosys is proposed through the appointment of Ashiss Kumar Dash as Managing Director and Chief Executive Officer designate from 1 April 2027. The five-year appointment is subject to shareholder approval and follows a recommendation of the Board's Nomination and Remuneration Committee. The incumbent will remain in office until the transition date and support an orderly transfer of responsibilities. The succession plan identifies the CEO designate's business, technology-delivery, client and global operations experience as relevant to AI-led transformation.
July 23, 2026
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Bullion market pressure intensified as rising oil prices, inflation concerns and restrictive monetary policy expectations weakened gold and silver sentiment.
Gold and silver prices declined amid weaker global bullion trends, profit-booking, and higher crude oil prices linked to Middle East tensions. Market commentary associated the decline with inflation concerns and expectations that major central banks may sustain restrictive monetary policy for longer. Gold was described as facing near-term pressure from higher interest-rate expectations, inflation risks, and geopolitical uncertainty.
July 23, 2026
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Quantum finance innovation will develop secure, AI-enabled banking solutions through collaborative research, startup incubation, cybersecurity enhancement and workforce development.
Quantum finance innovation is to be advanced through a memorandum of understanding for establishing the PNB Quantum Finance Hub at Amaravati Quantum Valley. The hub will develop, test and support adoption of secure, intelligent and future-ready banking solutions using Quantum Computing and Artificial Intelligence. It will bring together industry, academia, startups and government agencies for research, innovation, incubation and acceleration of financial technologies, focusing on cybersecurity, fraud detection, operational efficiency, risk management and customer experience.
July 23, 2026
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Foreign investment in inventory-based e-commerce is allowed only for exports of Indian-made goods, while domestic retail remains prohibited.
Foreign direct investment in inventory-based e-commerce is permitted exclusively for exports of goods or products manufactured or produced in India. Restrictions on business-to-consumer and inventory-based e-commerce do not apply to these exports, subject to the Foreign Trade Policy 2023 and export regulations. Foreign direct investment in inventory-based e-commerce retailing for domestic sales remains prohibited, with the revised position taking effect upon the relevant foreign exchange notification.
July 23, 2026
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Joint Home Loan Eligibility and Shared Repayment Liability Shape Borrowing Capacity, Tax Claims, Documentation, and Exit Planning.
Joint home loans allow eligible applicants to combine income for a single housing loan, while making every co-applicant fully responsible for repayment. Eligibility depends on each applicant's income, financial obligations, credit history, age, repayment capacity and property criteria. Applicants should agree on EMI sharing, ownership proportions and exit arrangements before applying, as removal of a co-applicant requires lender approval and reassessment. Co-owner borrowers may claim applicable interest and principal repayment deductions subject to ownership, contribution and income-tax requirements. Each applicant must provide separate identity, income and banking documentation.
July 23, 2026
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Export competitiveness increasingly depends on regulatory compliance, preferential trade access and diversification into smartphones, medicines, petroleum products and semiconductors.
India's export potential to 2031 is centred on smartphones, polished diamonds, petroleum products and medicines, with the United States, Hong Kong, Japan, China, Singapore and the United Arab Emirates as important markets. New product opportunities include iron ore concentrates, gasoline vehicles and light petroleum oils. Although selected destinations offer duty-free or preferential access, market entry in mature markets increasingly depends on compliance with non-tariff measures, including registration, quality certification, safety documentation and product standards. Semiconductor-related manufacturing is identified as a long-term opportunity supported by expanding electronics capacity, supply-chain diversification and domestic incentives.
July 23, 2026
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Foreign investment in inventory-based e-commerce is permitted exclusively for exports of Indian-manufactured or produced goods under export compliance rules.
Foreign direct investment in inventory-based e-commerce is permitted exclusively for exports of goods or products manufactured or produced in India. Foreign direct investment remains permitted in business-to-business e-commerce and the marketplace model, while business-to-consumer and inventory-based direct sales to consumers remain prohibited except for the specified export activity. Export-oriented inventory-based operations must comply with the applicable Foreign Trade Policy and foreign exchange regulations governing exports.
July 23, 2026
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Women's leadership in credit expands through a Chennai community platform supporting mentorship, inclusive lending practices, and financial ecosystem collaboration.
The Chennai chapter of the 'Credit Goes to HER' initiative provides a platform for women professionals in banking, NBFCs, fintech, housing finance, academia and policy to share knowledge, obtain mentorship and collaborate on inclusive credit practices. It seeks to strengthen women's leadership and participation in the credit ecosystem while supporting responsible lending, financial inclusion, transparency and data-driven decision-making.
July 23, 2026
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Digital personal-loan campaign combines online collateral-free borrowing, eligibility-based assessment, flexible repayment options and conditional lifestyle rewards for successful disbursals.
Digital personal-loan campaign permits eligible customers to apply online for collateral-free borrowing and receive specified lifestyle rewards upon successful disbursal, subject to campaign terms. Applicants may check an offer, provide personal, financial and employment information, review loan terms, complete know-your-customer and bank-account verification, and undergo assessment. Interest rates, loan amounts and repayment tenures depend on eligibility, credit profile, income and internal assessment. An EMI calculator supports comparison of repayment options and estimation of monthly instalments before application.
July 23, 2026
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Foreign-exchange market pressure weakened the rupee as elevated crude prices and risk sentiment drove trading conditions.
Foreign-exchange market movement saw the rupee depreciate against the US dollar amid elevated crude oil prices linked to heightened West Asia hostilities. Weak domestic equity markets and foreign investor equity outflows contributed to negative sentiment. Market commentary indicated that prospective Reserve Bank of India intervention supported the rupee and could limit sharper depreciation, while shipping-security concerns contributed to elevated oil prices.
July 23, 2026
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Homebuyer refund claims in developer insolvency proceed through pro-rata distribution of funds deposited for eligible buyers.
Homebuyer refund claims connected with demolished residential towers are being considered within the developer's insolvency proceedings. Buyers who have not opted for alternative allotment seek repayment. Eligible refunds are contemplated on a pro-rata basis from funds deposited by the Interim Resolution Professional, subject to the claims process and the availability of deposited funds.
July 23, 2026
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Free trade agreement tariff reductions create investment opportunities for Asia-Pacific manufacturers seeking UK and European market access.
The UK-India Free Trade Agreement is presented as reducing tariffs on advanced machinery and manufacturing-related goods and creating trade and investment opportunities for Asia-Pacific manufacturers seeking UK and European market access. Manchester is promoted as an investment location through its advanced manufacturing cluster, skilled workforce, innovation infrastructure, international links, and available manufacturing and research space. Invest Manchester provides investor support and undertakes international engagement to develop trade, investment and innovation partnerships.
July 23, 2026
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Practical legal training and structured internships strengthen judicial examination preparation, professional skills, and career exposure for law students.
Legal education employability initiatives combine curriculum alignment for judicial and competitive examinations with mentoring, legal drafting practice, research training, and professional interaction. Internships provide practical exposure to courts, judicial institutions, government bodies, law firms, advocates' chambers, corporate legal departments, and non-governmental organisations. Students in integrated and three-year law programmes complete prescribed minimum internship periods, with summer and winter placements commencing after the first year. Specialisation-based internships cover civil, criminal, corporate, cyber, intellectual property, arbitration, taxation, and government or non-governmental legal work.
July 23, 2026
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Student fashion showcase celebrates identity, personal storytelling, craft preservation and conscious creation through nine contemporary design collections.
Student fashion showcase 'Astitva' presented nine contemporary collections exploring identity, belonging, transformation, memory, resilience, grief and cultural heritage through personal design narratives. The collections included a contemporary reinterpretation of Bhujodi weaving, Ajrakh block printing and Kumaoni hand-knitting, emphasising preservation of Indian craft traditions. Recognition included a designer award for the craft-revival collection and a sustainability award for a collection focused on craftsmanship, conscious creation, heirloom design and mindful luxury.
July 23, 2026
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Rupee exchange-rate movements face pressure from elevated crude prices and equity outflows, moderated by possible central-bank intervention.
Rupee exchange-rate movement in early foreign-exchange trading reflected a modest appreciation against the US dollar after depreciation in the preceding session. Possible dollar sales by state-owned banks, widely viewed as central-bank intervention, and a weaker US dollar supported the currency. Elevated crude-oil prices, foreign institutional equity outflows, and negative domestic equity-market sentiment continued to create downside pressure, although expected central-bank support was considered likely to limit losses.
July 23, 2026
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Official statistics dissemination uses digital validation, release calendars, anonymised microdata and accessible platforms to strengthen timeliness and transparency.
Official statistics collection and dissemination are supported through digital survey platforms with built-in validation, real-time monitoring and supervisory quality controls. Consumer Price Index, National Accounts Statistics and Index of Industrial Production data are collected, compiled or validated through specified quality and timeliness mechanisms. An Advance Release Calendar supports accountable publication, while anonymised survey microdata, stakeholder engagement and digital portals improve transparency, accessibility and use of official statistics.

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NEWS HIGHLIGHTS

August 7, 2026

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Mumbai, Aug 7 (PTI) Following are the top stories from the Western Region at 5.15 pm.

BOM4 MH-HC-DOCTORS ASSAULT-CORPORATOR

Doctors assault case: HC grants bail to Shiv Sena corporator Mhatre; orders time-bound trial Mumbai: The Bombay High Court on Friday granted bail to Shiv Sena corporator Ramesh Mhatre, accused of assaulting doctors at a municipal hospital in Thane district, and ordered that the trial be fast-tracked and completed in a time-bound manner.

BOM1 MH-LITERATURE-BAN

Maharashtra govt bans literature of proscribed outfits glorifying violent extremism Mumbai: The Maharashtra government has banned the literature of terrorist organisations like Islamic State, Islamic State in Khorasan Province, Hizb-ul-Mujahideen Pir Panjal Regiment and Al Qaeda (AQIS) that “glorifies violent extremism and jihad and promotes radicalisation”.

BOM8 MH-TCS CASE-CORPORATOR

AIMIM corporator held for sheltering TCS ‘sexual harassment’ case accused Nashik: The Nashik police have arrested an AIMIM corporator from Chhatrapati Sambhajinagar for allegedly providing help and shelter to an accused in the TCS “sexual harassment and religious conversion” case, an official said on Friday.

BOM9 MH-NCP-PRASHANT KISHOR

Prashant Kishor discusses ways to strengthen NCP during meeting with Sunetra Pawar, Parth Mumbai: Political strategist-turned-politician Prashant Kishor, who recently secured a landmark victory in the Bankipur assembly bypoll in Patna, discussed ways to strengthen the organisation of Maharashtra's ruling NCP with party president and Deputy Chief Minister Sunetra Pawar, a party functionary said.

BOM13 MH-FADNAVIS-LOAN WAIVER

Rs 5,000 cr credited to 6.22 lakh Maharashtra farmers so far under loan waiver scheme: CM Mumbai: Maharashtra Chief Minister Devendra Fadnavis on Friday said the state has begun transferring funds under the government's loan waiver scheme, with more than Rs 5,000 crore credited to the bank accounts of 6.22 lakh farmers after completion of Aadhaar authentication.

BOM5 MH-CONG-NCP (SP)-BHAGWAT

When Bhagwat says Gen Z not anti-national, why BJP attacked protesters: Congress, NCP (SP) Mumbai: Opposition parties NCP (SP) and Congress on Friday asked the BJP why its leaders attacked young protesters when RSS chief Mohan Bhagwat says that Gen Z should not be branded anti-national.

BOM7 GA-KEJRIWAL-E20 POLICY

E20 policy imposed under Trump's pressure to facilitate US ethanol imports: Kejriwal Panaji: Aam Aadmi Party (AAP) convener Arvind Kejriwal on Friday alleged that the BJP-led Centre implemented the E20 fuel blending programme under pressure from US President Donald Trump to facilitate massive American ethanol imports.

BOM10 CG-POLICE EXAM-ROW

'News', 'Space Rani', 'He Ram' clear Chhattisgarh police exam; Congress claims irregularities Raipur: Chhattisgarh’s latest police recruitment exam results have drawn widespread attention after a bizarre mix of candidate names, such as 'News', 'Space Rani', 'He Ram' and 'Tufail', surfaced on the qualifying list, prompting the Opposition Congress to allege irregularities, even as candidates came forward to defend their unique monikers.

BOM12 MH-BHAGWAT-AAP

AAP leader calls Bhagwat’s interaction with Gen Z ‘artificial’, ‘hollow’ Mumbai: Aam Aadmi Party leader Preeti Sharma Menon on Friday claimed that Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat’s interaction with Gen Z was “artificial” and sounded “hollow”.

BOM6 MH-BHAGWAT-DIPKE

BJP should heed 'godfather' Bhagwat's advice on Gen Z: Dipke Chhatrapati Sambhajinagar: Cockroach Janta Party (CJP) convener Abhijeet Dipke on Friday urged the BJP to heed its "godfather" RSS chief Mohan Bhagwat’s advice not to label protesting Gen Z youth as anti-national, and cited lack of synchronisation between the ruling party and its ideological mentor.

BOM11 MH-BHAGWAT-RAJ

RSS chief Bhagwat late in interacting with Gen Z, says Raj Thackeray Nashik: Maharashtra Navnirman Sena (MNS) president Raj Thackeray on Friday said Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat was late in interacting with members of Gen Z.

BES4 MP-MINOR-RAPE-MURDER

Minor raped and killed by youth in MP’s Narsinghpur district; locals demand bulldozer action Narsinghpur: A 22-year-old man allegedly raped an eight-year-old girl before strangling her in Madhya Pradesh’s Narsinghpur district, triggering protests by locals who demanded that his house be bulldozed, a police official said on Friday.

LGB2 MH-HC-BULLDOZER JUSTICE

Don't favour bulldozer justice, says HC; gives time to doctor to raze part of building for road Mumbai: The Bombay High Court has noted that it was not in favour of "bulldozer justice" and allowed a Satara-based doctor to voluntarily remove a portion of his residential-cum-hospital building for road widening project instead of permitting the civic body to initiate coercive demolition.

BOM2 MH-EXPRESSWAY-ACCIDENT

One killed, four injured in accident on Mumbai-Pune Expressway Pune: One person was killed, and four others were injured in an accident in a tunnel of the Mumbai-Pune Expressway in the early hours of Friday, police said.

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