India's first NFC-enabled blend jewellery launched with exclusive auction and surprise reward for highest bidder
A jewellery brand launched India's first NFC-enabled blend jewellery at a pop-up event featuring an exclusive auction with a surprise reward for the highest bidder. The brand's collection, rooted in cultural symbolism, combines traditional craftsmanship with modern technology to create interactive fashion accessories. The event marked the debut of this innovative jewellery line in Mumbai, aiming to merge aesthetics with functionality and expand its market presence globally. The brand emphasizes storytelling and emotional connection in its designs, targeting diverse clientele and planning future retail expansion.

Tech Company Reports 17% Revenue Growth, 94% EBITDA Increase, and Major Orders in Q1 FY2026
A technology company specializing in optical and digital solutions reported a 17% year-over-year increase in revenue and a 94% increase in EBITDA for the first quarter of fiscal year 2026. The company secured over INR 1,500 crore in new orders during the quarter, contributing to a strong order book nearing INR 4,900 crore. Key business segments, including optical networking and digital services, showed significant growth, with new contracts signed across multiple regions. The company also advanced technological innovations, including multi-core fiber deployment and quantum key distribution, and achieved sustainability milestones by integrating green hydrogen in manufacturing. It entered long-term supply agreements with major telecom operators and expanded its data center product portfolio to meet rising demand for AI-driven infrastructure. The company received industry recognition for its export contributions and IoT solutions, positioning itself for continued growth in global connectivity markets.

Trade Talks Target Export Reliance and Industrial Overcapacity Under Section 301 Demands for Economic Rebalancing
Upcoming trade negotiations between two major economies will focus on one party's significant reliance on exports and its industrial overcapacity, particularly in steel and electric vehicles. The other party seeks commitments to reduce excess production and to shift economic dependence toward domestic consumer spending, which currently constitutes a smaller portion of the economy compared to developed counterparts. Despite long-standing recognition of these structural issues and government efforts including subsidies and infrastructure investment, challenges persist such as deflation, demographic shifts, and inconsistent policy implementation. Experts suggest reforms like expanding social welfare and altering local government incentives to promote consumption rather than solely economic growth targets. Additionally, efforts to become technologically self-reliant amid external restrictions have led to rapid growth in high-tech manufacturing, risking further overcapacity. Analysts emphasize that meaningful rebalancing will require sustained and ambitious reforms beyond current measures.

Male Infertility Accounts for 40-50% of Cases; Summit Calls for Awareness, Early Diagnosis, and Holistic Care
A recent fertility summit in India highlighted male infertility as a significant and growing contributor to the country's infertility crisis, accounting for 40-50% of cases among approximately 27.5 million affected individuals. Experts emphasized the need for increased awareness, destigmatization, and inclusive treatment approaches addressing male reproductive health, which has traditionally been overlooked. Discussions covered clinical standards, ethical considerations, and innovative fertility treatments, alongside calls for holistic care integrating emotional and medical wellbeing. The summit also underscored the importance of early diagnostics, counseling, and public health policies targeting lifestyle and environmental factors impacting male fertility. The event reinforced commitments to expanding equitable fertility care and dismantling stigma, reflecting the projected growth of India's IVF market and the necessity for a comprehensive, evidence-based reproductive health framework.

India-US Trade Agreement Section Impact Amid Global Diplomatic Visits and Regional Conflicts
A foreign news various international developments including a high-profile diplomatic visit to the Maldives, commentary on an India-US trade agreement expected to significantly impact economic relations, and mass displacement resulting from a conflict between two Southeast Asian countries. Additional coverage includes political developments in South Asian nations, ongoing conflict in Eastern Europe, and wars in the West Asia region.

81-Km Railway Line Survey Approved for DPR Preparation; Project Progress Depends on Funding and Approvals
A survey for an 81-kilometer railway line between two cities via a specified route has been approved, with no fixed timeline for completion. The survey aims to prepare a Detailed Project Report and is currently undergoing consultations with relevant stakeholders, including state governments, and requires approvals from national planning and finance bodies. The project's initiation and progress depend on factors such as financial viability, traffic forecasts, connectivity needs, existing project liabilities, fund availability, and competing priorities.

Chief Minister urges cooperation in river water dispute, plans contempt petition over dam threats, boosts agriculture support
The Chief Minister of one state urged the neighboring state to adhere to cooperative federalism amid a dispute over river water sharing, criticizing threats to restrict supplies and tourism. The first state accused the second of planning to divert river water through dam construction and announced intentions to file a contempt petition in the Supreme Court against these actions. The government highlighted efforts to boost agriculture, including reducing horticulture imports, increasing exports, supporting farmers through procurement and subsidies, and promoting millet production under a state scheme. It emphasized financial support for registered farmers via credit facilities guaranteed by the central government, aiming to strengthen the agricultural sector despite ongoing inter-state tensions.

India-US Trade Talks Aim to Cut Tariffs and Boost Investment Under Section 42 Agreement Terms
The ongoing negotiations for a trade agreement between India and the United States are expected to significantly liberalize India's trade policies and enhance its attractiveness to investors by reducing tariffs and trade barriers. This agreement, alongside a prospective deal with the European Union, aims to open major markets to India, facilitating smoother cross-border trade and positioning India as a competitive global economic player. The agreements are anticipated to contribute to India's ambitious economic growth targets, including becoming the third-largest economy by 2027 and achieving developed country status by 2047. Both countries have expressed optimism about finalizing the deal soon, with deadlines set to avoid steep tariffs. The trade deals are part of broader economic reforms and infrastructure development efforts intended to support industrial growth and job creation, addressing challenges in transitioning from an agriculture-based economy to one focused on industry and services.

Political Party Challenges PM's Claims of Strong US Ties Amid US Actions Favoring Pakistan
A political party criticized the Prime Minister's claimed close relationship with the US President, asserting it has proven insubstantial due to recent US actions favoring Pakistan. The party highlighted that the US President repeatedly claimed to have intervened to halt a conflict involving India and Pakistan, threatened trade consequences, and praised Pakistan as a key partner in counterterrorism. Additionally, the US hosted a high-level meeting with Pakistan's military chief shortly after provocative remarks by the latter, which preceded a terrorist attack. The US Secretary of State also reportedly thanked Pakistan for its role in regional security. The party argued these developments demonstrate a failure of Indian diplomacy and undermine the purported strong bilateral ties between the two leaders.

Chief Minister backs claims of electoral fraud, urges reforms, caste census, and condemns political interference in probes
A state Chief Minister supported allegations by a national opposition leader of widespread electoral fraud, including manipulation of voter lists and undermining the independence of the Election Commission. The Chief Minister claimed such irregularities occurred in multiple states and warned of plans to extend them further. He criticized the Election Commission for functioning under government influence rather than independently. The opposition party plans a nationwide campaign to expose these issues and advocate for electoral reforms. The Chief Minister also emphasized the need for comprehensive caste censuses to assess socio-economic and political equality. He denied involvement in a local land allotment scam, alleging harassment without evidence of money laundering, and welcomed judicial criticism of political interference in investigations. Regarding a recent fatal stadium stampede, the state government accepted an inquiry report, with criminal cases filed against event organizers and police officials, and further inquiries planned.

Government boosts startups with Fund of Funds, Seed Fund Scheme, and Credit Guarantee Scheme under Startup India
The government has reinforced its startup ecosystem through three key schemes under the Startup India initiative: the Fund of Funds for Startups (FFS), the Startup India Seed Fund Scheme (SISFS), and the Credit Guarantee Scheme for Startups (CGSS). FFS, managed by a development bank, channels capital to registered alternative investment funds, which must invest double the committed amount in startups, with nearly Rs. 9,994 crore committed to 141 funds as of June 2025. SISFS, operational since April 2021, provides financial aid to seed-stage startups via incubators, with Rs. 945 crore approved for 219 incubators. CGSS, active since April 2023, facilitates collateral-free loans backed by guarantees totaling Rs. 667.85 crore for 289 startups. Additionally, the Project Swavalambini promotes entrepreneurship among women students through training and faculty development in select states, reaching hundreds of students and faculty members. This information was disclosed in a parliamentary reply.

Government boosts GeM access for startups, women, and marginalized groups with new features and fee reductions under public procurement rules
The government has enhanced access to the Government e-Marketplace (GeM) for micro and small enterprises, startups, women entrepreneurs, and marginalized groups by introducing features such as marketplace filters to identify products from these categories, reduced vendor assessment fees, and exemption from caution money for OEMs. It has established forward market linkages through dedicated GeM outlet stores and integrated API with the Udyam MSME database for streamlined seller registration. Strategic partnerships with industry and nonprofit organizations have been formed, alongside active participation in trade events to boost seller engagement. The platform also supports compliance with public procurement policies favoring SC/ST entrepreneurs. A study conducted by IIT Delhi found that GeM promotes economic growth by reducing procurement costs, fosters inclusivity aligned with Make in India objectives, and significantly improves market access for marginalized entrepreneurs, facilitating ease of doing business.

Recall Elections Target One-Fifth of Opposition Lawmakers Under Section 123 Amid Political and Security Tensions
Taiwan held recall elections targeting about one-fifth of lawmakers from the opposition China-friendly party amid political tensions over cross-strait relations and legislative gridlock. The ruling party seeks to remove these lawmakers, accusing them of blocking key legislation and favoring policies that undermine Taiwan's executive power and security against Chinese threats. The opposition claims the recalls are politically motivated retaliation undermining democracy. For a recall to succeed, a minimum voter turnout threshold and majority support are required. If recalled, the opposition may contest by-elections to regain seats. The elections have heightened divisions between factions favoring closer ties with China and those prioritizing Taiwan's sovereignty. Chinese authorities criticized the ruling party for suppressing opposition and interfering in the vote, while Taiwan accused China of blatant interference. The outcomes could shift the legislative balance, impacting Taiwan's governance and cross-strait relations.

Former Leaders Keep Immunity for Official Acts, But Can Face War Crimes Charges After Leaving Office
France's highest court upheld the personal immunity of a former foreign head of state for acts committed while in office but allowed for the issuance of future arrest warrants for alleged war crimes or crimes against humanity committed after leaving office. The ruling permits prosecution in absentia and marks a legal precedent enabling French courts to pursue high-ranking officials, excluding sitting heads of state, government, and foreign affairs ministers, for serious international crimes if sufficient evidence exists. The decision was criticized by human rights advocates as a missed chance to challenge immunity during tenure, but it opens the door for accountability once officials leave power. The court also ruled that a former government minister could be prosecuted, reinforcing the principle that immunity is not absolute. This development may facilitate future trials related to alleged chemical attacks and other atrocities committed during a prolonged civil conflict.

Passenger caught smuggling Rs 10.5 crore hydroponic marijuana under NDPS Act, 1985 at airport security check
A passenger arriving from an international flight was apprehended at Pune airport for attempting to smuggle hydroponic marijuana valued at Rs 10.5 crore. The individual's baggage was inspected following suspicious behavior, leading to the discovery of the narcotic substance. The person was charged under the Narcotic Drugs and Psychotropic Substances Act, 1985. The seized marijuana, cultivated without soil and considered more potent than regular marijuana, prompted further investigation by authorities.

Government Pushes Innovation, Private Sector Role, and Safety for 100 GW Nuclear by 2047 Under New Laws
A government official emphasized that timely project completion, low-cost financing, and private sector involvement are essential to reduce tariffs and enhance the feasibility of nuclear energy projects. The official highlighted initiatives to promote innovation in cost reduction and commercialization of technologies from research labs. The government has approved multiple food irradiation units to support MSMEs and ensure compliance with international standards. Plans include expanding nuclear capacity to 100 GW by 2047, supported by budget provisions for research and development of advanced nuclear technologies and small modular reactors. Proposed legislative amendments aim to facilitate private sector participation while prioritizing safety and public confidence through enhanced regulatory mechanisms and safety research.

Handicraft Dealers Must Remove Machine-Made Goods or Face Deregistration Under Tourist Trade Act
Authorities in Kashmir have mandated that all registered handicraft dealers remove machine-made products from their showrooms within seven days, warning that failure to comply will result in blacklisting and deregistration under the Jammu and Kashmir Tourist Trade Act, 1978. Inspections revealed that some dealers were selling imported machine-made items misrepresented as genuine Kashmiri handicrafts, violating registration terms that require exclusive sale of authentic products. The Department of Handicrafts and Handloom emphasized the importance of preserving the authenticity of handicrafts, many of which are protected under the Geographical Indication of Goods Act. Dealers must prominently display GI-based QR labeling certifications, introduced to prevent misbranding. A dealer found using a fake QR label on a machine-made carpet was deregistered and blacklisted. Unregistered dealers are instructed to register with the Quality Control Division to comply with trade regulations.

Regional Bank Posts 16.7% Profit Rise Despite Terror Impact, Boosts NII, Cuts NPAs Under 3.5%
A regional bank reported a 16.7% increase in net profit to approximately Rs 485 crore for the April-June quarter of FY26, despite challenges from a local terror attack affecting business activity. Net interest income rose 7%, and other income increased by 29%. The bank made an impairment provision of Rs 87 crore related to the amalgamation of two regional rural banks, which impacted profitability metrics but excluding this, profit growth would exceed 30% year-on-year. Asset quality improved with gross non-performing assets declining to 3.5%, and the capital adequacy ratio remained strong at nearly 16%. The bank's deposits and net advances grew by 12% and 6%, respectively. The institution plans to enhance growth through branch expansion, strategic partnerships, and digital investment while maintaining prudent lending and recovery practices to reduce NPAs further.

Minister accuses opposition of falsehoods on reserved posts, demands data on category conversions under both governments
A government minister accused the opposition party leader of practicing falsehoods regarding vacant reserved posts for marginalized groups in central universities, asserting that the opposition party has a history of opposing reservations and manipulating reserved positions during its tenure. The minister challenged the opposition to disclose data on reserved posts converted to general category under both administrations, alleging that the term "not suitable candidate" originated during the opposition's rule and was used to bypass reservation policies. The minister further claimed that the opposition party is ideologically bankrupt and has consistently acted against the interests of the poor and marginalized communities, denying their rights to education and employment opportunities. The opposition leader had accused the current government of neglect and conspiracy to exclude marginalized groups from educational and research positions, demanding immediate filling of all reserved vacancies.