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    Indian economy to hit USD 5-trillion mark in FY29 as per IMF: FM
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August 4, 2026
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Broad-based growth strategy links tax reforms, trade resilience, industrial support and services development to medium-term economic expansion.
The growth strategy combines agricultural productivity, manufacturing, MSME support, infrastructure, logistics, ease of doing business, streamlined income-tax and GST reforms, innovation, digitalisation, human-capital development, energy security, public capital expenditure, foreign direct investment liberalisation, export promotion, fiscal prudence and price stability. Trade resilience is to be strengthened through expanded trade agreements, while manufacturing, services, agriculture and strategic sectors receive targeted policy support. The material also reports secured-asset enforcement cases and recoveries by banks under the SARFAESI framework during FY25.
August 4, 2026
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Co-operative bank governance and financial disclosure support digital transformation, risk management, priority-sector lending and sustainable member-focused growth.
Co-operative bank governance and financial disclosure were addressed at the annual general meeting, where the member-notice agenda was transacted and audited financial statements were presented. The bank reported growth in business, deposits and advances, together with net profit, asset quality, provisioning coverage and capital adequacy indicators. Its operational priorities include digital transformation, risk management, selective network expansion, customer service and operational discipline. Future priorities include retail and priority-sector lending, MSMEs, affordable housing and institutional deposits.
August 4, 2026
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Foreign-exchange market conditions weakened the rupee as oil prices, domestic equities and dollar strength shaped near-term currency expectations.
The rupee weakened against the US dollar amid elevated crude oil prices, weaker domestic equities and a stronger dollar index, while foreign fund inflows moderated the decline. Attention shifted to the central bank's monetary policy meeting, with continuation of the existing benchmark policy rate anticipated. Earlier measures encouraging overseas dollar deposits and facilitating foreign participation in government bonds were reported to support capital inflows and India's external position.
August 4, 2026
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MSME credit expansion combines SIDBI lending initiatives with guaranteed additional working-capital facilities for eligible borrowers.
MSME credit access is being expanded through SIDBI's branch network, direct lending, refinance support, co-lending arrangements, affordable credit for informal micro-entrepreneurs, and invoice-based digital credit for micro enterprises. Emergency Credit Line Guarantee Scheme 5.0 enables eligible MSMEs to obtain additional credit linked to peak fund-based working-capital outstanding, with full guarantee coverage for member lending institutions against defaults on the additional facility. The scheme also covers scheduled passenger airlines under distinct eligibility and guarantee parameters.
August 4, 2026
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Furniture and interiors sourcing platform connects Indian manufacturers with domestic and international trade buyers through direct procurement opportunities.
imm india 2026 is presented as a business-to-business sourcing platform linking Indian furniture, home de cor, rug, carpet, mattress and handicraft manufacturers with domestic and international trade buyers. It is intended to provide direct manufacturer access, design-led sourcing and project-scale procurement opportunities for architects, designers, retailers, hospitality professionals and real estate developers. The programme includes a hosted buyer initiative, industry conferences, knowledge sessions and awards addressing innovation, sustainability, craftsmanship and design.
August 4, 2026
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Financial literacy Olympiad builds students' practical understanding of mutual funds, financial planning, market concepts and responsible investment participation.
Financial literacy and investment awareness are promoted through a nationwide, multi-level educational competition for undergraduate and postgraduate students. Participants are assessed on mutual funds, investment fundamentals, financial planning, market concepts and long-term wealth creation, with exposure to market-linked products including ETFs, portfolio management services, alternative investment funds and specialised investment funds. The initiative combines academic institutions and financial-sector participants to improve practical investment knowledge, informed decision-making and responsible participation in investment markets.
August 4, 2026
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WTO dispute settlement challenges test India's safeguards, agricultural support, technology tariffs and production-linked incentives across pending proceedings.
Nine pending WTO disputes against India concern safeguard measures, sugar support and export schemes, information and communications technology tariffs, and technology-sector incentives. India contests the claims as consistent with its WTO rights and obligations. Appeals concerning iron and steel safeguards, sugar measures, and certain information and communications technology tariff reports remain pending, including because the WTO Appellate Body is non-functional. Other proceedings concern Chinese challenges to production-linked incentives, tariffs, and solar, automotive, renewable-energy and information-technology measures; one panel proceeding is ongoing and another panel has not been constituted.
August 4, 2026
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Digital business law and entrepreneurship education combine management, compliance and innovation training for technology-driven enterprise careers and ventures.
The MBA programme integrates management education, entrepreneurial capability, digital business law, and legal and policy awareness for technology-driven enterprise. It addresses compliance, digital platforms, data-driven decision-making, artificial intelligence, digital transactions, intellectual property, cross-border commerce and evolving regulatory frameworks. The programme is designed for prospective founders, start-up professionals, transforming family businesses and careers in consulting, strategy, business development, policy-oriented enterprises and digital commerce, with industry-relevant entrepreneurship education and digital-first learning.
August 4, 2026
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Savings account access expands through video KYC, mobile banking, no-minimum-balance options, monthly interest payments and deposit insurance coverage.
Savings accounts provide monthly interest payments, liquidity and access to funds, subject to eligibility, internal policies and applicable terms. Digital account opening through Video KYC is available for an account with no minimum balance requirement, supported by mobile banking for UPI transfers, bill payments and balance monitoring. Account variants include premium, value-oriented, agricultural, financial-inclusion, children's and basic no-frills accounts. Deposit insurance applies up to the prescribed limit per depositor per bank.
August 4, 2026
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Foreign-exchange market conditions supported a modest early rupee gain, while importer demand and policy data remained key factors.
Foreign-exchange market conditions supported a marginal early appreciation of the rupee against the US dollar, led by broad US-dollar weakness, improved risk sentiment, lower oil-price levels and foreign portfolio inflows. Importer demand for dollars moderated the movement. Market direction remained linked to the forthcoming monetary-policy decision and US economic data, while reported central-bank activity was described as helping smooth currency volatility. The US dollar index, crude-oil movements, global supply expectations and domestic equity-market activity were relevant exchange-rate influences.
August 4, 2026
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Quality statistics drive statistical-system reform through administrative data, interoperable systems, stronger governance, and international cooperation for evidence-based policymaking.
Quality statistics are advanced through modernised national statistical systems, administrative data, digital public infrastructure, and stronger data-governance and privacy standards. Cooperation among national statistical offices is intended to address data gaps through knowledge sharing, methodological harmonisation and statistical innovation. Discussions also emphasised digital dissemination, transformational statistical reforms, and the use of administrative data for timely, cost-effective and granular official statistics, supported by harmonised metadata, interoperable systems and institutional collaboration.
August 4, 2026
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Digital statistical modernisation strengthens survey quality, macroeconomic indicators, international standards alignment and infrastructure performance monitoring through standardised data systems.
National statistical modernisation uses digital survey platforms with validation checks, AI-enabled support and multilingual interfaces, alongside short-duration surveys and administrative data to improve sampling and timely official statistics. Reforms include base revisions for Gross Domestic Product, Consumer Price Index and Index of Industrial Production; adoption of metadata, quality-assessment and classification standards; and alignment with international statistical principles and methodologies. Sustainable development indicators and infrastructure monitoring are supported through a national indicator framework, PAIMANA and a standardised performance dashboard.
August 3, 2026
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Windfall gains tax on petroleum exports increases to discourage exports and preserve domestic fuel availability during regional supply disruptions.
Special additional excise duty on exports of petrol, diesel and aviation turbine fuel has been increased for the relevant fortnightly period, while existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall gains tax is intended to preserve domestic availability of petroleum products during the West Asia crisis and prevent exporters from benefiting unduly from price differences linked to elevated global crude oil prices.
August 3, 2026
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Online Astrology Platform Regulation: consumer department reported no guidelines, while information requests required revised factual disclosures.
Online astrology platforms were reported as lacking specific regulatory guidelines within the consumer affairs department. The RTI application sought information on alleged unfair trade practices, investigations, complaints, licences, approvals, and applicable rules. The National Consumer Helpline stated that it had not investigated because it functions as a grievance-resolution platform. A revised factual response was required on investigations and complaint data, while queries concerning regulation, licences, approvals, and related investigations were to be transferred to the public authorities likely to hold that information.
August 3, 2026
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Business combination disclosure outlines shareholder approval, registration requirements, financing conditions, and forward-looking risks for the proposed public listing.
The proposed business combination would take Yellow.ai public through a definitive agreement with Bluerock Acquisition Corp., subject to customary closing conditions and shareholder approval. Bluerock intends to file a Form S-4 registration statement containing a proxy statement/prospectus for proxy solicitation and securities issuance in connection with the transaction. The communication is not an offer or solicitation and states that no securities offering may occur without compliance with applicable registration, qualification or exemption requirements. Transaction projections and anticipated benefits are forward-looking statements subject to material risks and uncertainties.
August 3, 2026
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Bilateral investment and trade facilitation drive proposed co-investment, digital cooperation and advanced manufacturing partnerships between Indian and Uzbek businesses.
India-Uzbekistan cooperation is proposed through co-investment, co-manufacturing and co-innovation, supported by the Bilateral Investment Treaty to promote investor confidence and reciprocal investment. Priority sectors include mining, textiles, healthcare, agriculture, food processing, digital technologies and advanced manufacturing. Trade facilitation measures include reducing trade barriers, mutual recognition of standards, approvals, testing and certification, customs digitalisation and improved trade routes. Regulators and standard-setting bodies are expected to cooperate under a structured, time-bound economic partnership.
August 3, 2026
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Concessional agricultural credit supports working capital, crop diversification, allied activities, and digital expansion under the Kisan Credit Card scheme.
The Kisan Credit Card-Modified Interest Subvention Scheme provides concessional institutional credit to reduce farmers' interest burdens and improve timely working-capital access. The scheme is reported to support cropping intensity, multi-season cultivation, diversified crop portfolios, timely input use, and credit discipline through the Prompt Repayment Incentive. It also supports dairy, livestock, and fisheries-based income diversification. Credit-delivery measures include collateral-free lending, digital platforms, simplified applications, coverage expansion, and awareness campaigns. State-wise data tracks operative accounts, outstanding credit, and non-performing Kisan Credit Card accounts.
August 3, 2026
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Banking inclusion expands rural access while digital credit systems and payment security controls address service delivery and cyber fraud.
Banking inclusion is pursued by providing banking outlets within a five-kilometre radius of inhabited villages, with branch expansion permitted subject to rural-coverage requirements and continuing assessment of uncovered areas. Agricultural credit delivery uses digital loan, beneficiary-verification, processing and claim-settlement systems. Digital payment security measures require minimum controls for payment channels and include fraud-intelligence sharing, artificial-intelligence-based identification of money-mule activity, digital lending-app analysis, cyber-incident reporting, public awareness campaigns and electronic-banking training.
August 3, 2026
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Foreign exchange market movement strengthened the rupee as lower crude prices, investment inflows and improved risk sentiment provided support.
Foreign exchange market movement saw the rupee strengthen for a sixth consecutive trading session against the US dollar, supported by declining global crude oil prices, a softer dollar, foreign institutional investment inflows and gains in domestic equity markets. Improved global risk sentiment followed the decision to defer planned US military strikes against Iran and allow diplomatic engagement. Renewed geopolitical tensions were identified as a factor that could limit further appreciation.
August 3, 2026
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Quarterly financial performance reflects revenue growth, improved standalone profitability, and continued investment in AI-led digital technology platforms.
Quarterly financial performance reported revenue growth in standalone and consolidated operations, higher standalone profit before tax, and a return to consolidated profitability. The company continues to invest in an AI-led, intellectual-property-driven digital technology strategy through enterprise software, SaaS platforms, digital commerce, cloud, data and AI solutions. Its priorities include scalable platforms, proprietary technology assets, recurring-revenue offerings, partnerships and selective acquisitions. Complete financial results, notes to accounts and regulatory disclosures are available through exchange filings and the company website.

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Chandigarh University Provides In-House Training for Civil Services, Defence, Management, Banking & PSUs

August 24, 2026

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The Department of Career Planning & Development (DCPD) at CU Advances Students' Career Readiness through Preparation for Competitive Exams Including UPSC, SSC-CGL, Bank PO, GATE, CAT, CDS, UGC-NET, GRE, GMAT and IELTS
CHANDIGARH, India, Aug. 24, 2026 /PRNewswire/ -- As the higher education and employment environment in the country becomes increasingly competitive, the traditional equation of a university degree followed by campus placement is gradually getting replaced by a more diversified approach to the preparation for careers across domains. Competitive examinations and entrance tests have become important avenues to some of the country's most aspirational careers varying from UPSC for Civil Services, SSC and Bank PO for government and public sector jobs, GATE for Engineering and PSU opportunities, CAT for premier management education, CDS for defence services, UGC-NET for teaching and research and GRE, GMAT and IELTS for international higher education. This shift in turn has been prompting universities across the nation to look beyond conventional employability and connect academic learning with specific career goals and professional opportunities.




Anticipating this shift, Chandigarh University (CU) is responding to this changing demand by extending its career-development initiatives beyond regular placements with leading MNCs and top Indian and global firms. The Department of Career Planning & Development (DCPD) at CU offering career-oriented courses, competitive examination preparation, expert guidance and exposure to diverse professional opportunities spanning Civil Services, government and PSU jobs, management, defence, teaching, research and international higher education among others. By bringing exam-specific preparation, expert guidance and mentorship, and relevant resources closer to the aspiring students, Chandigarh University empowers them to pursue their career goals alongside their academic journey.


Civil Services: CU Builds a Strong Foundation for UPSC Aspirants
Civil Services still remains among the most sought-after career choices for students who want to serve the nation with the UPSC Civil Services Examination demanding extensive preparation, current-affairs awareness, analytical ability and strategic readiness. Open to graduates from any discipline, this examination offers an opportunity to pursue a career in public administration and nation-building. Chandigarh University's approach goes beyond examination preparation, with CU aiming to develop a premier platform for UPSC aspirants on campus, combining academic learning, expert mentorship, targeted workshops and relevant preparation resources. During 2024-25, CU-DCPD conducted 45 Civil Services workshops, offering students deep insights into the examination pattern, preparation strategies and experiences of eminent civil servants. CU organised a Civil Services preparation workshop on April 17, 2026, featuring Gaurav Krishna, Senior Officer of the Indian Railway Traffic Service (IRTS). Alongside such initiatives, DCPD offers 1.5-year and 3-year UPSC programmes, enabling students to do informed preparation for the competitive examination.


Preparing Students for Government, Public Sector and Banking Careers
The government and public-sector jobs continue to attract graduates with SSC-CGL and Bank PO being among the prominent competitive examinations. DCPD offers dedicated preparation in quantitative aptitude, reasoning, English, general awareness and examination strategy that enable students to prepare alongside their academic programmes. The programmes are relevant for graduates from diverse disciplines, subject to the respective examination eligibility criteria, helping them pursue career opportunities in government departments and the banking sector.


Equips Engineering Students for Higher Studies and PSU Careers through GATE
For engineering students aspiring to pursue advanced technical education or take up jobs in leading PSUs in the country, GATE is certainly the most important steppingstone that opens opportunities for M Tech, M. E. and direct Ph.D. programmes at premier institutes such as IITs, NITs and IIITs as well as PSU recruitment, subject to respective criteria. Organisations such as ONGC, NTPC, BHEL, DRDO and ISRO have offered GATE-linked opportunities for specific roles. It is through its dedicated GATE preparation programme, CU equips students to prepare alongside their degree, with specialised academic inputs and regular preparation. The programme is open to students from eligible disciplines, including B.E./B.Tech, B.Arch, B.Sc., BCA, B.Com and B.A., subject to prevailing GATE eligibility criteria.


Management: Opening Doors to IIMs, Premier B-Schools through CAT Preparation
Management education remains a major aspiration for graduates seeking careers in business, leadership and entrepreneurship domains with CAT serving as a key entrance examination for admission to the IIMs and other premier management institutions across the country. Success in this domain requires proficiency in quantitative ability, data interpretation, logical reasoning, verbal ability and reading comprehension.


Through expert-led CAT, GRE and GMAT seminars and dedicated CAT preparation, CU is helping its students understand examination patterns, preparation strategies, time management, resource selection and performance improvement, empowering them to approach management entrance examinations with greater clarity and confidence. The programme is aimed at eligible undergraduate and graduate students (BA, B.Com, BBA, BCA, B. Tech/BE, B.Sc.) aspiring to pursue MBA and postgraduate management programmes with admission eligibility subject to prevailing CAT and individual institute criteria.


Nurturing Future Armed Forces Leaders for the Nation
For students aspiring to serve in the armed forces, the Combined Defence Services (CDS) examination provides a platform towards officer-level opportunities which is subject to applicable eligibility and selection requirements. CU's CDS preparation programme extends its career-development initiatives to defence services, providing students with an opportunity to undergo a focused preparation for a career that demands academic competence, hard work, discipline and leadership.


Preparing Students for Global Academic Opportunities
The growing interest in postgraduate and doctoral education abroad has caught the fancy of many for decades now and it continues to do so even today which in turn has increased the relevance of GRE, GMAT and IELTS.


Through dedicated preparation and expert-led seminars, CU helps its students understand examination patterns, preparation strategies, resource selection and time management. CAT, GRE and GMAT seminars provide students with expert insights to strengthen their readiness for premier management institutions and higher academic opportunities overseas.


Nurturing Future Academics and Researchers
The career preparation at CU extends to teaching and research with UGC-NET serving as an important examination for making a career in the field of academics. Through UGC-NET Paper 1 preparation, CU-DCPD supports aspiring students to pursue careers in the domains of teaching and research.


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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