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    JK marks maiden export of premium cherries, plums to Singapore
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July 16, 2026
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International food-safety and phytosanitary compliance supports premium cherry and plum exports from Jammu and Kashmir to Singapore.
Export of premium cherries and plums from Jammu and Kashmir to Singapore was facilitated to expand overseas market access for temperate fruits. The produce underwent scientific cultivation, optimum-maturity harvesting, grading, sorting, packing and cold-chain handling in compliance with international food-safety and phytosanitary standards. The initiative highlights quality enhancement, market development, logistics, export-oriented production and improved post-harvest management for horticultural exports.
July 16, 2026
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Electricity bill recovery and prepaid departmental billing are presented alongside independent tariff regulation and rooftop solar promotion.
Electricity-payment arrears were reported against government departments and non-government consumers. Tariffs are determined independently by the State Electricity Regulatory Commission on factors including power-purchase costs, regulatory assets, the distribution company's financial position and public hearings. Recovery from non-government consumers is undertaken under the Electricity Supply Code, while a pre-paid billing system is being implemented for government departments to improve payment compliance. Rooftop solar installations are also being promoted to reduce household electricity bills.
July 16, 2026
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Rupee depreciation pressures intensify as elevated crude prices, foreign capital outflows and geopolitical tensions weigh on exchange markets.
The rupee weakened for a fourth consecutive session amid elevated crude oil prices, a stronger dollar index and foreign capital outflows, with rising oil import costs adding to balance-of-payments pressures. Reserve Bank of India data showed an overall balance-of-payments deficit during the first two months of the fiscal year, although the current account recorded a surplus for April-May 2026. Geopolitical tensions and Strait of Hormuz risks were cited as supporting high crude prices, while possible Reserve Bank intervention could support the rupee.
July 16, 2026
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Zero-duty India-UK trade under CETA begins with jewellery and coffee consignments, supported by exporter compliance guidance.
India-UK CETA introduced a low- or zero-tariff regime covering about 99 per cent of tariff lines for Indian exports to the United Kingdom. Initial zero-duty jewellery and coffee consignments reached the UK under the agreement. CETA is intended to improve market competitiveness, strengthen supply chains and support businesses, exporters, importers and investors. A dedicated facilitation forum and a guide to UK import standards and regulatory requirements support Indian exporters, particularly small and medium enterprises, in navigating the post-CETA trading regime.
July 16, 2026
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Foreign investor tax exemptions on government securities are proposed to continue, supporting sovereign debt market liquidity and capital inflows.
Income-tax exemption for foreign investors in government securities is proposed to continue through the Income-tax (Amendment) Bill, 2026, replacing the corresponding ordinance. The ordinance exempted interest income and capital gains from the sale, exchange or transfer of government securities by foreign investors, effective from 1 April. The measure seeks to attract foreign capital, deepen the sovereign debt market and improve liquidity amid global economic volatility. The legislative agenda also includes MSME reforms concerning delayed-payment redressal, enforcement of arbitral awards and State flexibility in constituting facilitation councils.
July 16, 2026
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Foreign asset reporting requires complete Schedule FA and Schedule FSI disclosures despite limited information displayed in the Annual Information Statement.
Annual Information Statement records for eligible taxpayers include foreign assets and foreign-source income information received through the Automatic Exchange of Information framework. The information is intended to facilitate accurate tax compliance and is not a scrutiny or investigation mechanism. As the displayed data is limited to information received from partner jurisdictions and is not exhaustive, taxpayers must correctly and completely disclose all foreign assets and foreign-source income in Schedule FA and Schedule FSI, whether or not such information appears in the Annual Information Statement.
July 16, 2026
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Donation management safeguards require transparent accounting, secure precious-metal handling, audits and adherence to prescribed banking and statutory norms.
Donation-management governance at the Vaishno Devi shrine was reviewed with emphasis on transparency, accountability and compliance with standard operating procedures. The review covered collection, counting, accounting, custody and utilisation of offerings, supported by verification procedures, surveillance, banking safeguards and periodic audits. Security protocols also govern the handling, storage, transportation, processing and refining of precious-metal offerings. The review took place amid a pending complaint alleging irregularities in silver offerings, with complete records sought regarding action taken.
July 16, 2026
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EPFO-integrated provident fund payments streamline statutory compliance through digital banking, with real-time confirmations and instant challan downloads for businesses.
EPFO-integrated provident fund payment service enables business customers to initiate statutory PF payments through the EPFO portal and complete transactions using the bank's internet banking platform. Real-time transaction confirmations and instant challan downloads support faster processing, cash-flow management and timely compliance with EPFO payment requirements.
July 16, 2026
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Privileged access governance and explainable security monitoring support auditable, sovereign enterprise cybersecurity across private and air-gapped deployments.
Swaraj Nandi provides privileged-access management through credential vaulting, automated rotation, Zero-Trust approvals, multi-factor authentication, session recording and audit reporting. Swaraj Hansa provides AI-assisted security information and event management by collecting, correlating and triaging security signals with explainable alerts and human-owned decisions. Both platforms support on-premise, private-cloud and relevant air-gapped deployment models, and their compliance architecture is mapped to the RBI IT Framework, SEBI CSCRF, DPDP Act, PCI-DSS, ISO 27001 and NIST CSF.
July 16, 2026
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Money-laundering investigation targets alleged foreign-funded network facilitating illegal infiltration, forged identity documents and economic rehabilitation of immigrants.
A money-laundering investigation examined an alleged syndicate facilitating illegal infiltration, forged Indian identity documents and settlement of Bangladeshi nationals and Rohingyas. Investigators alleged that public charitable trusts receiving foreign contributions channelled funds through multiple bank accounts, mule accounts and layered transactions to support economic rehabilitation through cash assistance, employment and income-generating arrangements. Searches were conducted under the Prevention of Money Laundering Act.
July 16, 2026
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Money-laundering investigation examines alleged foreign-funded networks supporting illegal infiltration, forged documents, and economic settlement of migrants.
A money-laundering investigation concerns an alleged network facilitating illegal entry and settlement of Bangladeshi and Rohingya nationals. The alleged scheme involved forged identity and travel documents, charitable trusts receiving overseas contributions, and diversion of funds through bank accounts, mule accounts and layered transactions. Suspected fund use included settlement support, documentation, employment, cash assistance and income-generating assets. Searches examined the alleged infiltration, documentation and financial-support network.
July 16, 2026
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Agentic AI innovation centre enables consumer businesses to co-create, test and scale enterprise AI solutions across operational functions.
TCS launched a Gemini Experience Centre in Kolkata with Google Cloud to enable consumer businesses to co-create, test and scale AI-led solutions. The centre showcases agentic AI applications for store operations, supply-chain management, omni-channel retail and customer service, serving retail, consumer packaged goods, travel, tourism and hospitality enterprises. The initiative uses Gemini Enterprise-based industry- and context-aware AI agents and seeks to accelerate agentic AI adoption and support movement from AI pilots to enterprise-scale deployment.
July 16, 2026
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Cost Inflation Index enables inflation-adjusted long-term capital gains calculations through indexed acquisition cost for eligible capital asset transfers.
The Cost Inflation Index for financial year 2026-27 is 384 for computing inflation-adjusted long-term capital gains on transfers of capital assets, including immovable property, securities and jewellery. It is used to determine indexed cost of acquisition by adjusting purchase cost for inflation. Long-term classification generally requires holding exceeding 36 months, with stated periods of 24 months for immovable property and unlisted shares and 12 months for listed securities.
July 16, 2026
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India-EU industrial and technology cooperation advances through trade facilitation, resilient supply chains, digital innovation and expanded market access.
India-EU industrial and technology cooperation was advanced through engagements addressing industrial collaboration, technology partnerships, bilateral trade opportunities and business-to-business cooperation. Discussions covered trade facilitation, investment flows, supply-chain resilience, digital innovation, competitiveness and regulatory challenges. The interactions emphasised industry-led growth, greater market access for Indian enterprises and innovation-driven partnerships under the Trade and Technology Council framework.
July 16, 2026
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Preferential India-UK trade framework introduces broad zero-duty export access, self-certified origin documentation, and social-security contribution relief for temporary professionals.
India-United Kingdom CETA entered into force with preferential tariff treatment, including zero-duty access in the United Kingdom for nearly 99 per cent of India's exports. The Agreement covers goods, services and cooperation in customs, digital trade, financial services, telecommunications, intellectual property and professional services. The associated Agreement on Social Security exempts Indian professionals on temporary United Kingdom assignments from double social-security contributions for up to five years. Rules of Origin certification was operationalised through self-certified Certificates of Origin issued on the eCoO 2.0 platform.
July 16, 2026
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Labour market indicators showed stable overall participation, employment and unemployment, with marginal urban improvement and softer rural unemployment.
Monthly labour-market estimates for persons aged 15 years and above, compiled under the Current Weekly Status approach, show stable overall labour-force participation, worker population ratio and unemployment rate in June 2026. Urban labour-force participation and worker population ratio improved marginally, while rural participation and employment remained stable. Female labour-force participation was broadly stable month-on-month. Rural unemployment eased slightly, urban unemployment rose marginally from the preceding month, and urban unemployment declined on a year-on-year basis.
July 16, 2026
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Competition clearance governs full acquisition of a data-centre provider alongside co-investor economic interests in the transaction.
Competition approval concerns Opal Bidco Pte. Ltd.'s acquisition of the entire shareholding in STT GDC Pte. Ltd., a data-centre provider. The transaction also provides for specified co-investors to acquire economic interests in STT GDC on a see-through basis. STT GDC operates in India through an indirect subsidiary and is among multiple data-centre participants active in India.
July 16, 2026
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Windfall tax on petroleum exports revises diesel and aviation fuel levies while reducing the petrol export levy.
Special Additional Excise Duty on petroleum-product exports was revised from 16 July 2026, increasing the levy on diesel and aviation turbine fuel exports while reducing it on petrol exports. Duty rates on petrol and diesel cleared for domestic consumption remained unchanged. The windfall tax framework seeks to support domestic fuel availability and discourage exporters from benefiting from differences between domestic and global fuel prices during elevated crude-oil prices.
July 15, 2026
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Duty-free market access under the India-UK trade pact expands exports while preserving safeguards for procurement and policy space.
The India-UK Comprehensive Economic and Trade Agreement provides duty-free access for nearly 99 per cent of Indian exports and includes reciprocal government-procurement access subject to safeguards. India retains MSME preferences, limits covered procurement to selected central entities, excludes strategic sectors, and applies minimum contract thresholds. The agreement preserves compulsory licensing and permits withdrawal of certain concessions if a future UK carbon tax adversely affects Indian exports. Its gender, SME, environment, and labour chapters contain no dispute-settlement provisions.
July 15, 2026
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India-UK trade agreement expands duty-free market access and tariff reductions for exports, services, manufacturing and small enterprises.
India-UK Comprehensive Economic and Trade Agreement (CETA) is stated to provide duty-free access in the UK market for 99 per cent of Indian products and to reduce or eliminate UK import tariffs across key product categories. It is expected to support Karnataka exports in manufacturing, agricultural produce, processed food, electronics, aerospace and medical devices, with certain tariff reductions phased out over time. Mode 1 services provisions are identified as beneficial to Bengaluru's IT industry, while awareness programmes and investment roadshows are proposed to help exporters and attract investment.

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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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