Category Archives: News

Centre Proposes Three-Year Pollution Certificate Validity for BS-VI Vehicles

New Delhi, July 28: Vehicle owners with Bharat Stage-VI (BS-VI) compliant vehicles may soon get relief from frequent Pollution Under Control Certificate (PUCC) renewals, with the government proposing to extend the certificate’s validity period to three years.

The proposed change aims to simplify compliance procedures, reduce paperwork, and make vehicle-related services more convenient for citizens while maintaining emission monitoring standards.

Officials said the move is being considered as part of broader efforts to improve ease of compliance and modernise the vehicle certification framework. BS-VI vehicles, which use advanced emission-control technologies, are designed to meet stricter pollution norms compared with older vehicle categories.

The proposal is expected to benefit millions of vehicle owners by reducing the need for repeated visits to authorised testing centres and lowering the administrative burden associated with certificate renewals.

The government is also working towards strengthening digital systems for vehicle emission monitoring to ensure better tracking, transparency, and enforcement of pollution control measures.

Automobile industry stakeholders have welcomed the proposal, saying longer PUCC validity could improve convenience for consumers while allowing regulatory agencies to focus on effective emission monitoring.

The proposal will undergo further examination before a final decision and official notification are issued.

Space Startups Strengthening India’s Global Competitiveness: Piyush Goyal

New Delhi, July 28: India’s space sector is undergoing a transformative phase, powered by a new generation of innovators and startups that are driving technological advancement and strengthening the country’s global competitiveness, Union Commerce and Industry Minister Piyush Goyal said on Tuesday.

The minister said the government’s reform-oriented approach and increasing private sector participation have unlocked fresh opportunities for entrepreneurs, enabling India to build a vibrant and globally competitive space ecosystem.

Highlighting the rapid growth of space-tech startups, Goyal said Indian companies are making significant contributions across satellite development, launch technologies, space-based applications, and advanced manufacturing. These innovations, he noted, are enhancing India’s capabilities while opening new avenues for investment, exports, and high-value employment.

He said the convergence of policy support, innovation, and industry collaboration has positioned India as an emerging hub for space technology, with startups playing a central role in shaping the sector’s next phase of growth.

Emphasizing the importance of sustained investment in research and development, Goyal said continued collaboration among the government, industry, academia, and startups will be critical to accelerating innovation and expanding India’s presence in the global space economy.

The minister reaffirmed the government’s commitment to fostering an enabling environment for innovation-led enterprises, expressing confidence that India’s fast-growing space ecosystem will serve as a key pillar of the country’s economic growth, technological self-reliance, and global leadership in the years ahead.

India Shines in Hangzhou as Esha Wins Gold and Manu Bhaker Secures Bronze

Hangzhou, July 27: Indian shooters delivered a strong performance at the ISSF World Cup in Hangzhou, with Esha Singh winning the gold medal and Manu Bhaker securing bronze in the women’s 25m pistol event.

Esha showcased exceptional composure and accuracy to finish on top of the podium, adding another major achievement to her growing international career. Manu Bhaker also impressed with a strong performance, earning a well-deserved bronze medal in the highly competitive event.

The success of the two Indian shooters highlights the country’s growing strength in shooting sports and continues India’s impressive run at international shooting competitions.

Their podium finishes have boosted India’s medal tally at the ISSF World Cup and brought further recognition to the country’s talented shooting squad.

Setting a new benchmark in premium lifestyle living, Venus Group introduces ‘The Universe’ in Ahmedabad

Evolving lifestyle landscape through its transparent Box Price concept

AHMEDABAD, India, July 27, 2026 /PRNewswire/ — Venus Group, one of Ahmedabad’s most trusted real estate brands with a legacy spanning over 35 years, has unveiled its newest project, The Universe, a premium residential development in one of Ahmedabad’s most sought-after neighbourhoods, Nehru Nagar. Rooted in connectivity, thoughtful design, and transparent homeownership, The Universe presents a new way of life where everyday experiences are elevated, community feels closer, and luxury blends seamlessly into daily living.

The Universe brings together premium 4BHK residences and duplex penthouses in a centrally connected address. Rather than being defined by scale, the development focuses on how residents will live, offering light-filled homes, well-planned circulation, and intuitive spaces that make it easier for families to host, unwind, and connect.

At the heart of the master plan is a Central Green Spine that threads together landscaped gardens, community courts, and open recreational zones, encouraging safe, pedestrian-friendly movement across the development. This vision is complemented by a carefully curated suite of lifestyle amenities. These include a grand clubhouse, elegant arrival plaza, leisure lawns, a swimming pool, basketball and pickleball courts, jogging tracks, a fully equipped gym, children’s play areas and expansive open greens, creating a community designed around wellness, social connection and elevated everyday living.

Speaking at the launch, Rajesh Vaswani, Chairman, Venus Group, reflected on the responsibility that comes with building homes, saying, “A builder is someone entrusted with the biggest dream of a family’s life: their home. People place their lifetime savings, and sometimes even money they haven’t yet earned, in the hands of a builder. That trust is the greatest currency we have, and it is a responsibility we carry with every project we create.”

Carrying this philosophy into Venus Group’s next chapter, Vineet Vaswani, Director, Venus Group, said, “The Universe, spread across seven acres, has been created to offer a life without boundaries, where connectivity, community, and luxury come together in perfect harmony.” His vision reflects Venus Group’s continued focus on creating communities where thoughtful design and meaningful experiences shape everyday living.

Hosted by Sophie Choudry and Sachin Kumbhar, the launch evening brought together industry leaders, partners, and distinguished guests for what many described as one of Ahmedabad’s largest and most spectacular residential project pre-launch events. The official unveiling of The Universe project’s brochure by the Vaswani family, alongside eminent personalities including Esha Gupta, Mouni Roy, Anjana Sukhani, and Sonal Chauhan, among others, set the tone for a development that celebrates both Ahmedabad’s legacy and the promise of its future.

To help discerning homebuyers experience the vision behind The Universe, Venus Group has created a dedicated Sales Experience Centre. Designed to go beyond the traditional show apartment, the Experience Center allows visitors to explore the project’s story, thoughtfully curated spaces and lifestyle philosophy, offering visitors an immersive glimpse into life at The Universe.

The Universe is being introduced under Venus Group’s Box Price concept, a transparent home-buying approach designed to simplify the purchase journey through standardised pricing and greater clarity. Reinforcing the Group’s commitment to trust and transparency, the initiative reflects its belief that buying a home should be as straightforward as living in one.

RERA number: PR/GJ/AHMEDABAD/AHMEDABAD CITY/Ahmedabad Municipal Corporation/MAA17082/080726/311232

Homebuyers can experience the project firsthand at the Sales Experience Centre in Nehru Nagar or discover more by visiting the project website at venusinfra.in. For enquiries, call +91 7452074520.

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Digital Innovation to Drive New Wave of Shark Conservation in India

Kochi, July 27: The Central Marine Fisheries Research Institute (CMFRI) is adopting digital technologies to strengthen shark conservation initiatives and support sustainable management of marine resources.

The institute is using technology-based approaches to improve the monitoring and scientific study of shark populations. Advanced digital tools will help researchers collect, manage, and analyse marine data, enabling better understanding of shark behaviour, habitats, and conservation needs.

CMFRI said technology-driven conservation methods will play an important role in protecting shark species while ensuring a balance between marine ecosystem preservation and the interests of fishing communities.

The initiative is expected to enhance research capabilities, promote sustainable fishing practices, and create greater awareness about the ecological importance of sharks in maintaining healthy marine ecosystems.

Through the integration of science and technology, CMFRI aims to build stronger conservation strategies for safeguarding shark populations and marine biodiversity in the long term.

Sensex Jumps 776 Points, Nifty Reclaims 23,900

Sensex Gains 776 Points as Market Rebounds After Five-Day Slide

Mumbai, July 27: Indian stock markets staged a strong recovery on Monday, with benchmark indices ending their five-day losing streak as renewed buying interest lifted investor confidence.

The BSE Sensex surged 776 points, while the NSE Nifty reclaimed the 23,900 level, supported by gains across several key sectors. Banking, information technology, automobile, and healthcare stocks witnessed strong demand, contributing to the overall market rally.

The recovery came as investors responded positively to improved market sentiment and favourable global cues. After recent volatility, value buying in select stocks helped indices regain momentum and provided relief to market participants.

Market experts said the rebound indicates renewed confidence among investors, though concerns related to global economic trends, geopolitical developments, and upcoming market events will continue to influence trading sentiment.

Investors are expected to closely monitor corporate earnings, economic data, and international developments for further direction in the equity markets.

Maharashtra Leads the Way in RKVY Implementation

Mumbai, July 27: Maharashtra has achieved a major milestone by becoming the first state to qualify for the release of the second instalment under the Rashtriya Krishi Vikas Yojana (RKVY) after ensuring timely utilisation of allocated funds.

The state’s achievement highlights its effective implementation of agriculture-focused programmes and efficient management of financial resources aimed at supporting farmers and strengthening the rural economy.

Officials said Maharashtra’s timely completion of fund utilisation requirements enabled it to become eligible for further assistance under the scheme. The additional funds will help accelerate agricultural development activities, improve infrastructure, and support various initiatives for the farming community.

The development reflects Maharashtra’s continued efforts towards promoting sustainable agriculture, enhancing productivity, and ensuring better outcomes for farmers through effective utilisation of government schemes.

Surge in High-Income Tax Declarations Signals Rising Compliance: Govt

New Delhi, July 27: The number of taxpayers reporting annual income of more than ₹100 crore has witnessed a 300 per cent increase, indicating stronger tax compliance and greater transparency in income reporting, the government said.

The rise reflects the impact of technology-driven reforms, improved data analysis, and simplified tax filing processes introduced by the Income Tax Department to encourage accurate reporting and enhance compliance.

The government said digital platforms, better monitoring mechanisms, and initiatives to widen the tax base have contributed to increased participation in the formal tax system.

Officials noted that the growth in high-income declarations highlights the strengthening of India’s formal economy and the effectiveness of ongoing efforts to build a more transparent and efficient taxation framework.

Monika Alcobev Announces Partnership with Angostura, Bringing the Iconic Caribbean Brand to India

MUMBAI, India, July 27, 2026 /PRNewswire/ — Monika Alcobev, leading importer, distributor and marketer of premium alcoholic beverage brands across the Indian subcontinent, has entered into a strategic partnership with Angostura, the globally recognized producer behind the world’s leading bitters and one of the Caribbean’s most awarded rum portfolios. Under the partnership, Monika Alcobev will spearhead the import, distribution, and marketing of Angostura’s portfolio across key Indian markets.

The portfolio includes Angostura 5-Year-Old Rum, Angostura Aromatic Bitters, and Angostura Orange Bitters. The products will initially be available in Maharashtra and Delhi, followed by a phased expansion into other states.

The collaboration arrives at a time when India’s premium spirits segment continues to witness rising interest in craft cocktails, authentic global labels, and elevated drinking experiences. With Angostura’s deep-rooted legacy in cocktail culture and Monika Alcobev’s strong distribution and market-building capabilities, the partnership is expected to strengthen the brand’s presence across leading bars, restaurants, retail outlets, and hospitality destinations in the country.

For Monika Alcobev, the partnership represents a larger strategic push towards expanding premium and globally respected spirits labels within India’s evolving alcobev market. The company believes Angostura’s legacy, versatility, and strong bartender affinity position it strongly for long-term growth in the country.

Reflecting on the announcement, Kunal Patel, Managing Director, Monika Alcobev, noted, “Angostura carries a rare combination of heritage, credibility, and enduring relevance within the international spirits community. He observed that Indian consumers today are displaying far greater curiosity towards authentic brands with provenance, craftsmanship, and a strong association with evolving cocktail culture, with drinks such as the Picante and other globally influenced cocktails increasingly shaping urban consumption trends. The partnership aligns closely with Monika Alcobev’s long-term approach towards building premium categories with patience, consistency, and meaningful market presence.

Chief Executive Officer of Angostura, Mr. Ian Forbes said, “This partnership represents more than expanding our global distribution. It is about positioning Angostura as a premium lifestyle brand in India. We see significant opportunities to work closely with bartenders, mixologists, retailers and hospitality partners to showcase the versatility and quality that have made Angostura respected around the world.”

For decades, Angostura has remained a familiar presence within India’s bar ecosystem quietly occupying its place behind counters, in classic cocktails, and in the repertoire of serious bartenders. Despite this longstanding presence, its availability in the market had remained largely limited through unofficial channels. That dynamic now changes with Monika Alcobev Limited bringing the brand into India through an official route, reflecting the evolving maturity of how global spirits brands are introduced and built in the country.

Monika Alcobev currently represents more than 100 international brands across India and neighboring South Asian markets, with a growing portfolio spanning tequila, whiskey, gin, rum, wines, and liqueurs. The latest partnership further reinforces the company’s position as a preferred partner for global alcobev brands seeking a trusted and growth-oriented route into the Indian market.

About Monika Alcobev

Monika Alcobev is a leading importer, distributor and marketer of premium alcoholic beverage brands across the Indian subcontinent, providing end-to-end execution across HORECA, Retail and Travel Retail channels. The portfolio includes globally acclaimed brands such as Jose Cuervo, 1800 Tequila, Remy Martin, Cointreau, Choya, Botanist, Licor 43, Jinro Soju, Ron Diplomático, the VSPT Group and more. With a strong presence across key markets and over 100 world-renowned labels, the company remains at the forefront of India’s premium alco-beverage landscape. The company is also a preferred Global Travel Retail partner for globally renowned Indian brands as well. In July 2025, the company achieved a major milestone with a highly successful SME IPO, ushering in the next phase of strategic growth and expansion.

About Angostura

Founded in 1824, Angostura remains one of the most influential names in the global spirits industry, with its aromatic bitters continuing to hold cult status among bartenders and mixologists worldwide. The company’s award-winning rum portfolio has also earned international acclaim over the decades.

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Beyond the Signal: KuCoin Marks Its 9th Anniversary With a Multi-Track Competition and Total Rewards of Up to 650,000 USDT

Spanning Spot, Futures, VIP, Earn, Payment, Mining and Web3 Wallet, the campaign connects user rewards with broader participation across the KuCoin ecosystem

PROVIDENCIALES, Turks and Caicos Islands, July 27, 2026 /PRNewswire/ — KuCoin, a leading global crypto platform built on trust, today announced the launch of its 9th Anniversary Trading Competition under the “Beyond the Signal” theme. Featuring total rewards of up to 650,000 USDT, the campaign brings together Spot, Futures, VIP and Earn, while encouraging users to explore payments, cloud mining and other applications across the wider KuCoin ecosystem.

“Beyond the Signal” reflects KuCoin’s perspective on the next stage of crypto: looking beyond short-term market movements to the infrastructure, utility and trusted connections that support the industry’s long-term development. Rather than being structured around a single trading leaderboard, the competition offers four distinct tracks designed to reflect the diverse ways users participate in the digital asset economy:

• The Spot Track is designed for users interested in exploring a broad range of digital assets and spot markets.
• The Futures Track offers more advanced competition mechanics for participants with the appropriate experience.
• The VIP Track provides a dedicated participation pathway tailored to the scale and specialized needs of professional users.
• The Earn Track extends the campaign beyond trading to digital asset management and longer-term value creation.

Beyond these four tracks, the campaign also encourages users to explore the wider KuCoin ecosystem, including KuCoin Pay, which connects digital assets with everyday payment scenarios; KuMining, which lowers the barriers to participation in crypto mining and blockchain infrastructure; and KuCoin Web3 Wallet, a self-custodial asset management solution evolving into a unified access to trading, tokenized markets and multi-chain ecosystems. Together, these offerings reflect KuCoin’s continued evolution from a trading platform into a broader ecosystem spanning market access, asset management, payments, mining, Web3 discovery and real-world utility.

The campaign’s rewards further reinforce this direction. Alongside cash prizes, the campaign features KCS, which supports a growing range of utilities across the KuCoin ecosystem, connecting trading benefits, rewards, payments, loyalty programs and community engagement. By incorporating KCS into the campaign, KuCoin is creating an additional pathway for users to discover and participate in its expanding ecosystem utilities. The campaign also connects digital participation with cultural experiences through 10 exclusive KuCoin x Tomorrowland Limited Edition Gift Sets and one Adam Scott’s KuCoin Golf Bag.

Through its multi-track structure and broader ecosystem connections, the campaign represents not only a celebration of KuCoin’s nine-year journey, but also an invitation for its global community to move beyond market signals.

About KuCoin

Founded in 2017, KuCoin is a leading global crypto platform built on trust and security, serving over 45 million users across 200+ countries and regions. Known for its reliability and user-first approach, the platform combines advanced technology, deep liquidity, and strong security safeguards to deliver a seamless trading experience. KuCoin provides access to 1,500+ digital assets through a broad product suite and remains committed to building transparent, compliant, and user-centric digital asset infrastructure for the future of finance, backed by SOC 2 Type II, ISO/IEC 27001:2022, and ISO/IEC 27701:2019 Certifications. In recent years, we have built a strong global compliance foundation, marked by key milestones including AUSTRAC registration in Australia, a MiCA license in Europe, and regulatory progress in other markets.

Learn more at www.kucoin.com.

Disclaimer

The information is for corporate PR purposes only and does not constitute endorsement or investment advice.

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