6, Jul 2026
Cooperatives drive inclusive growth in India: Report
New Delhi, July 6: India’s cooperative ecosystem is emerging as a strong pillar of inclusive development, playing a growing role in supporting rural livelihoods and broad-based economic participation, according to a recent report.
The report highlighted that cooperative institutions across agriculture, dairy, credit, fisheries, and small-scale enterprises are helping improve access to affordable finance, fair markets, and essential services. This has particularly benefited farmers, rural households, and self-help groups by strengthening income opportunities at the grassroots level.
It added that ongoing policy support, institutional reforms, and increasing digital adoption have improved transparency, efficiency, and outreach within the cooperative framework. These developments have enabled cooperatives to function more effectively as community-driven economic units.
Experts noted that the cooperative model continues to contribute to balanced regional development by reducing disparities between urban and rural economies. They said its expanding role in employment generation, skill development, and value-chain integration is helping position it as a key engine of inclusive growth in India’s development landscape.
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- By Neel Achary
6, Jul 2026
46 Fake Hotel Booking, VIP Darshan Websites Taken Down Ahead of Rath Yatra; Pilgrims Lose INR 10 Lakh to Cyber Fraud
Bhubaneswar, July 6 (UDN): With the annual Rath Yatra set to attract lakhs of devotees to Puri, cybercriminals have stepped up online scams by creating fake hotel booking portals and fraudulent VIP darshan websites to cheat unsuspecting pilgrims.
Representational image
The Odisha Crime Branch, in coordination with the Puri Police, has identified and taken down around 46 bogus websites that were allegedly being used to dupe devotees seeking accommodation and temple-related services online.
According to officials, fraudsters cloned websites of genuine hotels and created deceptive portals offering attractive room tariffs and guaranteed accommodation. These fake websites often appeared prominently in online search results, prompting devotees to make advance payments for bookings that never existed.
Cyber criminals were also found luring pilgrims with false promises of VIP darshan of Lord Jagannath in exchange for online payments. Victims were persuaded to transfer money through UPI and digital wallets, after which the fraudsters became unreachable by switching off their mobile phones or blocking communication.
Police said around 40 devotees were cheated of nearly ₹10 lakh in the past week alone through such fraudulent schemes.
In view of the increasing number of cyber fraud cases, the Crime Branch has issued a public advisory urging devotees to remain vigilant while making online bookings. Pilgrims have been advised to verify hotel contact details through reliable sources, avoid clicking on unknown links or the first search results without verification, and refrain from making full advance payments to unverified entities.
Authorities have also recommended booking accommodation only through trusted travel platforms or official tourism websites and cautioned the public against anyone claiming to offer special or VIP darshan in exchange for money.
The Crime Branch has appealed to victims of cyber fraud to immediately report incidents through the National Cyber Crime Helpline 1930 or the National Cyber Crime Reporting Portal to facilitate prompt action and improve the chances of recovering the lost amount.
Police said surveillance of online platforms has been intensified, and strict action will continue against those attempting to exploit devotees during the Rath Yatra.
6, Jul 2026
India’s deal value jumps 127 pc to four-year high in Q2: Report
New Delhi, July 6: India’s deal-making activity recorded a sharp surge in the second quarter, with total deal value rising 127% to a four-year high, according to a recent report.
The report attributed the jump to increased mergers and acquisitions, private equity investments, and strong activity in sectors such as technology, financial services, and infrastructure. Large-value transactions played a key role in pushing overall deal value higher.
It added that investor confidence in India’s long-term growth story remains strong, supported by stable macroeconomic conditions and continued foreign and domestic capital inflows.
However, the report noted that global uncertainties and fluctuating market conditions could influence deal momentum in the coming quarters, even as India continues to remain a preferred investment destination.
6, Jul 2026
BlackRock CEO Flags Power Supply as Key Constraint for AI Expansion
July 6: The Chief Executive Officer of BlackRock has identified reliable power supply as one of the most critical challenges facing the rapid expansion of artificial intelligence (AI) globally.
He noted that while AI technology is advancing at a fast pace, the increasing scale of data centres and high-performance computing systems is driving unprecedented demand for electricity. This rising energy requirement is placing significant pressure on existing power infrastructure across many regions.
According to his remarks, the future growth of AI will depend not only on innovation in software and hardware but also on the availability of stable, scalable, and efficient energy systems. He emphasized that countries and companies capable of ensuring consistent power supply will be better positioned to lead in the AI-driven global economy.
The statement highlights growing industry concerns about the intersection of technology growth and energy capacity, as AI adoption continues to expand across sectors such as finance, healthcare, and enterprise services.
The remarks underline the need for long-term planning in energy infrastructure to support the next phase of digital transformation.
6, Jul 2026
India–New Zealand Trade, Travel Surge Ahead of FTA Rollout
July 6: Trade and tourism between India and New Zealand are witnessing strong growth ahead of the implementation of the proposed Free Trade Agreement (FTA) between the two nations.
Export volumes from India have increased in recent months, reflecting higher demand for Indian goods and services in overseas markets. At the same time, there has been a noticeable rise in visitor arrivals from India to New Zealand, driven by tourism, education, and business travel.
Officials from both countries said this upward trend signals growing confidence among businesses and travellers as economic ties continue to strengthen. They added that the upcoming FTA is expected to further reduce trade barriers, simplify customs procedures, and open new opportunities for exporters, investors, and service providers.
The agreement is also expected to boost cooperation in sectors such as agriculture, technology, education, and tourism, while improving market access for businesses on both sides.
Overall, the rising trade and travel activity highlights deepening economic engagement between India and New Zealand ahead of the formal rollout of the FTA.
6, Jul 2026
Best Buy India Head Surendra Bashani inspires future leaders at NMIMS Bengaluru MBA Batch 17 inauguration
Bengaluru, July 06: SVKM’s Narsee Monjee Institute of Management Studies (NMIMS), School of Business Management (SBM), Bengaluru, officially welcomed the incoming cohort for its MBA Batch XVII (2026–2028) at its Bannerghatta campus during an inspiring orientation and inauguration program. This marks the beginning of a transformative academic journey for aspiring managers and change-makers who are poised to shape the future of industry and society.
The inauguration commenced with the traditional Deeksharambham ceremony, followed by the invocation, lighting of the lamp, and the singing of the NMIMS Anthem. The event brought together students, faculty, staff, alumni, and distinguished industry leaders to celebrate the commencement of the new academic session, introducing the fresh batch to SBM’s rigorous academic ecosystem, industry-oriented learning approach, and leadership development framework.
Addressing the incoming cohort the Chief Guest, Mr. Surendra Bashani, Head of Best Buy India, a seasoned global executive with decades of experience leading product, engineering, and business organizations, shared valuable perspectives on leadership, innovation, adaptability, and the vital importance of building high-performance teams in an increasingly dynamic corporate landscape.
Mr. Surendra Bashani, Head of Best Buy India, said: “The gap between corporate needs and academic learning is closing fast, and institutions like NMIMS are at the forefront of this evolution. To the MBA Batch of 2026–2028, the industry values leaders who bring a blend of technological adaptability and strategic problem-solving. I am confident that the rigorous environment here will prepare these minds to lead the next generation of global businesses.”
Welcoming the new batch, SBM Bengaluru leadership emphasized the importance of embracing learning beyond the classroom and developing the ethical grounding required to succeed in an increasingly interconnected and technology-driven business environment.
Dr. Narayani Ramachandran, Campus Director, NMIMS Bengaluru, stated: “At NMIMS Bengaluru, we don’t just teach business; we shape the leaders of tomorrow. As we welcome the MBA Batch of 2026–2028, our commitment remains fixed on delivering an education grounded in innovation, global perspectives, and strong ethical values. This new cohort represents the future of corporate leadership, and we are dedicated to providing them with the ecosystem they need to thrive.”
Reinforcing this vision, Dr. Narayani Ramachandran led the incoming batch in taking the Sustainability Oath, showcasing the institution’s deeply rooted commitment to responsible and sustainable leadership. The proceedings also featured an inspiring address by Dr. Mallika Srivastava, Program Chairperson, who highlighted the school’s commitment to combining academic rigor with industry relevance.
NMIMS School of Business Management, Bengaluru, follows the distinctive ‘One MBA, One Curriculum’ approach, ensuring a consistent and standardized learning experience across all NMIMS campuses. This integrated model guarantees that every NMIMS MBA graduate receives the same high-quality education, preparing them to excel in an increasingly competitive global business environment.
6, Jul 2026
Sensex, Nifty extend 4-day winning streak as realty and auto stocks drive market rally
Mumbai, July 6: Indian equity benchmarks Sensex and Nifty extended their gains for the fourth consecutive trading session, supported by strong buying interest in realty and auto stocks.
The markets opened on a positive note and maintained upward momentum through the session, with sectoral strength in real estate and automobile shares leading the rally. Broader market indices also traded firm, indicating healthy participation across segments.
Analysts said investor sentiment has improved due to sustained domestic inflows and optimism in select sectors. Realty stocks gained on expectations of steady demand and strong project pipelines, while auto stocks advanced on hopes of stable sales trends and improving rural demand outlook.
However, market experts cautioned that global cues, including movements in crude oil prices, inflation trends, and overseas market performance, could influence near-term volatility. They also noted that intermittent profit booking may emerge after the recent multi-session rally.
6, Jul 2026
Where Mumbai Gathers This Monsoon: The Fondue State Of Mind at Amelia
With every season, Amelia has given diners a new reason to return, creating limited-edition menus that capture the mood of the moment with imagination and intention. This monsoon, the restaurant continues that tradition with The Fondue State Of Mind, a seasonal offering that transforms one of Europe’s most cherished dining rituals into an experience designed for Mumbai’s rainy days and lingering evenings.
At the heart of the menu is fondue, a dish that has always been about bringing people together. Created to be shared, Amelia‘s collection of signature fondues invites guests to gather around the table, slow down and savour the simple pleasure of good food and even better company. From the timeless Swiss Cheese Fondue to the rich Truffle Mushroom Fondue, each pot is paired with accompaniments that make every bite a little different, before ending on a sweet note with the Chocolate Hazelnut Fondue.
The experience is complemented by a seasonal beverage menu inspired by the romance of the rains, featuring creations such as the warming Saffron Ember and the vibrant Monsoon Canopy, thoughtfully crafted to accompany the menu and the mood of the season.
More than a seasonal menu, The Fondue Affair celebrates the return of slow afternoons, shared tables and conversations that stretch well beyond the final course. It is Amelia‘s invitation to embrace the monsoon the way it was always meant to be enjoyed, together.
What: The Fondue State Of Mind at Amelia
Where: Amelia, BKC.
When: July onwards
6, Jul 2026
Another Global Milestone for MAHE as Dr Judith Angelitta Noronha Earns Prestigious FAAN Fellowship
Manipal, July 06: Manipal Academy of Higher Education (MAHE), an Institution of Eminence Deemed to be University, congratulates Dr Judith Angelitta Noronha, Professor and Dean, Manipal College of Nursing (MCON), Manipal, who has been selected as a Fellow of the American Academy of Nursing (FAAN) as part of its distinguished Class of 2026 Fellows.
The American Academy of Nursing announced the 2026 Class of Fellows on June 25, 2026, recognising accomplished nursing leaders from across the world for their outstanding contributions to health outcomes through excellence in education, research, innovation, leadership, and health policy. Widely regarded as one of the highest distinctions in the nursing profession, the AAN Fellowship recognises individuals whose work has made a lasting impact on healthcare and the nursing profession globally.
The 2026 cohort comprises eminent nursing leaders representing 39 U.S. states, the District of Columbia, and 17 countries, reflecting a diverse and influential community of professionals dedicated to transforming healthcare through scholarship, evidence-based practice, policy, and innovation. Dr Noronha’s selection places her among this distinguished international network of nursing leaders.
Congratulating Dr Noronha on this achievement, Dr Sharath K. Rao, Vice Chancellor, MAHE, said, “Dr Judith Angelitta Noronha’s selection as a Fellow of the American Academy of Nursing is a matter of immense pride for MAHE and the Indian nursing fraternity. This prestigious international recognition acknowledges her outstanding contributions to nursing education, research, and leadership over several decades”.
Expressing her gratitude, Dr Judith Angelitta Noronha, Professor and Dean, Manipal College of Nursing, MAHE, said, “I am deeply honoured and humbled to be inducted as a Fellow of the American Academy of Nursing. This recognition is not only a personal milestone but also a testament to the collective efforts of my colleagues, students, and mentors who have been part of my academic and professional journey”.
The formal induction of the 2026 Class of Fellows will take place during the American Academy of Nursing’s Health Policy Conference in Washington, D.C., from October 8 to 10, 2026, with the induction ceremony on the final day of the conference.
6, Jul 2026
Gadkari Reviews Key Infrastructure Projects Under NHLML
July 6: Union Minister Nitin Gadkari reviewed key projects being implemented by National Highways Logistics Management Limited (NHLML) and reaffirmed the government’s commitment to developing world-class infrastructure across the country.
During the review, Gadkari described the ongoing initiatives as transformative projects that are laying the foundation for the next generation of India’s infrastructure. He emphasized the importance of building modern, efficient, and sustainable transport and logistics networks to support economic growth and improve connectivity.
The projects under review are aimed at strengthening logistics infrastructure, enhancing highway-linked facilities, and improving the overall efficiency of the country’s transportation ecosystem. Officials also discussed the progress of ongoing works and strategies for timely implementation.
The government said such infrastructure initiatives are expected to boost trade, facilitate smoother movement of goods, create employment opportunities, and contribute to India’s long-term economic development.
