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  • India Sets New Strategy to Accelerate Seafood Export Growth Through TEPA

    New Delhi, July 7: The Centre has rolled out a comprehensive roadmap to strengthen India’s seafood export sector under the Trade and Economic Partnership Agreement (TEPA), aiming to enhance global market access and improve the competitiveness of Indian seafood products.

    The new strategy focuses on expanding export opportunities, promoting value-added seafood products, improving supply chain efficiency, and ensuring compliance with international quality and safety standards. The initiative is designed to help exporters tap into emerging markets and strengthen India’s position in the global seafood trade.

    The government has highlighted the need for greater adoption of modern technologies, sustainable aquaculture practices, improved processing facilities, and stronger infrastructure to support long-term growth in the sector.

    India’s seafood industry plays a crucial role in generating foreign exchange earnings, supporting livelihoods in coastal regions, and contributing to the country’s export economy. The roadmap aims to provide exporters with better support systems and create an enabling environment for sustainable growth.

    Through the TEPA framework, the Centre is working towards deeper trade engagement, improved market opportunities, and enhanced competitiveness for Indian seafood exporters in international markets.

    The initiative is expected to further strengthen India’s seafood export ecosystem and contribute to the country’s broader goal of expanding its global trade footprint.

  • Government Sets Focus on Expanding India’s Leather and Footwear Exports to Dollar 15 Billion

    New Delhi, July 7: Union Commerce and Industry Minister Piyush Goyal has urged India’s leather and footwear industry to work towards achieving an ambitious $15 billion export target, highlighting the sector’s crucial role in boosting manufacturing, employment, and India’s global trade presence.

    The minister emphasised the need for the industry to adopt advanced technologies, improve product quality, enhance competitiveness, and strengthen its presence in international markets. He said that innovation, sustainable manufacturing practices, and skill development would be key factors in unlocking the sector’s full potential.

    The leather and footwear industry has significant scope for expansion, particularly through increased value addition, modern production methods, and stronger integration with global supply chains. The sector can contribute substantially to India’s export growth while creating new employment opportunities.

    The government is focused on providing policy support, improving infrastructure, and creating a favourable business environment to help exporters overcome challenges and expand their global reach.

    With rising international demand and growing manufacturing capabilities, the leather and footwear sector is expected to remain an important contributor to India’s vision of becoming a leading global manufacturing and export hub.

  • Strong Market Rally Lifts BSE Market Capitalisation to Record High

    Mumbai, July 7: The combined market capitalisation of companies listed on the Bombay Stock Exchange (BSE) has reached an all-time high of ₹482.31 lakh crore, reflecting sustained investor confidence and strong momentum in the Indian equity markets.

    The record valuation comes amid positive domestic and global market sentiment, supported by steady economic growth, robust corporate earnings, and continued participation from both domestic and foreign investors. The milestone underscores the resilience of India’s capital markets despite ongoing global economic uncertainties.

    Market experts attribute the surge in overall market capitalisation to broad-based gains across key sectors, including banking, financial services, information technology, and manufacturing. Strong inflows from institutional investors and optimism over India’s long-term growth prospects have further boosted market performance.

    The achievement highlights the growing strength of India’s equity markets and reinforces the country’s position as one of the world’s fastest-growing major economies. Analysts expect market sentiment to remain influenced by corporate earnings, macroeconomic indicators, foreign investment trends, and global developments in the coming weeks.

  • Sensex, Nifty Open Higher on Positive Global Market Sentiment

    Mumbai, July 7: Indian benchmark equity indices opened on a positive note on Tuesday, supported by favourable global market cues and improved investor sentiment. Both the BSE Sensex and the NSE Nifty traded higher in early deals, tracking gains in Asian markets and optimism surrounding international economic developments.

    Sensex, Nifty Open Higher on Positive Global Market Sentiment

    Market participants remained focused on global trends, foreign investment activity, and domestic economic indicators, which contributed to the positive momentum at the opening bell. Buying interest in key sectors, including banking, information technology, and select heavyweight stocks, helped lift the benchmark indices during early trading.

    Analysts said investors are closely monitoring global market movements, corporate earnings, and macroeconomic developments for further direction. The performance of international markets and foreign institutional investor activity is expected to continue influencing domestic equities in the coming sessions.

    The early gains reflect cautious optimism among investors, although market volatility may persist amid evolving global and domestic economic conditions.

  • Monsoon Shortfall Impacts Kharif Sowing and Water Storage Across India

    New Delhi, July 7: Kharif crop sowing across India continues to lag behind last year’s pace as a significant monsoon rainfall deficit affects more than half the country, according to a report by Dolat Capital. Despite a gradual improvement in rainfall over recent weeks, prolonged dry conditions during June have delayed agricultural activities and intensified moisture stress in key farming regions.

    The report states that around 52 per cent of the country remains rainfall-deficient, with cumulative seasonal rainfall standing 38 per cent below normal. Central India has recorded the highest rainfall deficit at 45 per cent, followed by East and Northeast India at 40 per cent below normal, resulting in weak soil moisture and limited reservoir replenishment.

    Total kharif sowing has reached 350.9 lakh hectares, which is 92 lakh hectares lower than the corresponding period last year. While the comparison is influenced by last year’s early monsoon onset, the acreage remains 22.5 lakh hectares below the five-year average. The shortfall is primarily concentrated in rice, oilseeds, and cotton, whereas pulses and coarse cereals have surpassed their normal sowing levels.

    Rice cultivation remains below normal due to inadequate rainfall across eastern paddy-growing regions, delaying transplantation. Oilseed and cotton sowing have also recorded substantial deficits, reflecting the impact of insufficient rainfall and poor soil moisture conditions.

    Water availability continues to remain a concern, with live reservoir storage across the country at only 26 per cent of total capacity. Eastern India is facing the most severe water stress, with reservoirs operating at just 19.4 per cent capacity, significantly below normal levels.

    The report, however, offers cautious optimism, noting that the monsoon trough is expected to shift towards its normal position, supported by the formation of a low-pressure system over the Bay of Bengal. If the anticipated rainfall materialises over Central India and Maharashtra, it could improve reservoir inflows, replenish soil moisture, and accelerate kharif sowing during the second half of July.

  • Stanley Lifestyles Partners with Singer, Launches Stanley Boutique Homes in Sri Lanka

    Stanley Lifestyles Partners with Singer, Launches Stanley Boutique Homes in Sri Lanka

    Colombo, Sri Lanka / Bengaluru, India July 07: Stanley Lifestyles, one of India’s leading integrated super-premium and luxury furniture manufacturers and retailers, has announced India’s leading luxury furniture and lifestyle brand, today announced its entry into the Sri Lankan market through a strategic partnership with Singer Sri Lanka PLC, the country’s leading retailer. Marking a significant milestone in Stanley Lifestyles‘ international expansion journey, the collaboration brings the brand’s globally benchmarked luxury furniture collections to discerning Sri Lankan consumers.

    As part of its market debut, Stanley Lifestyles has launched its flagship showroom, Stanley Boutique Homes, at No. 24, Ward Place, Colombo 07. Designed as an immersive luxury retail destination, the showroom showcases the brand’s curated portfolio of premium furniture, offering customers an opportunity to experience Stanley‘s hallmark craftsmanship, timeless design, and uncompromising quality.

    Commenting on the launch, Sunil Suresh, Founder and Chairman, Stanley Lifestyles, said, ” Sri Lanka represents an exciting opportunity for Stanley Lifestyles as we continue our international growth journey. We see a growing appreciation among Sri Lankan consumers for quality, craftsmanship, and design-led living. At Stanley, we have always believed that thoughtfully crafted products have the ability to enhance everyday living and create spaces that people truly love to call home. This belief has shaped our journey over the years and continues to inspire us as we expand into new markets. Through our partnership with Singer Sri Lanka, we are delighted to bring the Stanley experience to a market that values authenticity, excellence, and timeless design. We look forward to building lasting relationships with our customers by delivering not just exceptional furniture, but meaningful living experiences.”

    The partnership combines Stanley Lifestyles‘ internationally recognized expertise in luxury furniture manufacturing with Singer Sri Lanka‘s extensive retail network and deep understanding of the local market. Together, the two organizations aim to redefine Sri Lanka‘s premium interiors landscape by offering customers access to world-class furniture collections and an elevated retail experience built on quality, innovation, and exceptional customer service.

    Stanley Lifestyles‘ entry comes at a time when Sri Lanka‘s luxury interiors market is witnessing increasing demand for premium, design-led home solutions. As consumers seek products that reflect individuality, craftsmanship, and lasting value, the brand is well-positioned to meet the evolving aspirations of the country’s growing luxury segment.

    Speaking on the collaboration, Mahesh Wijewardene, Group Managing Director of Singer Sri Lanka PLC, said,” At Singer, we are committed to partnering with globally respected brands that deliver exceptional quality and innovation. Stanley Lifestyles brings an outstanding legacy of craftsmanship, premium design, and manufacturing excellence, making it a natural addition to our portfolio. We are pleased to introduce a brand that reflects the evolving aspirations of Sri Lankan consumers seeking sophisticated living spaces and internationally benchmarked luxury furniture.”

    The launch reinforces Stanley Lifestyles‘ long-term vision of expanding its footprint across carefully selected international markets while remaining true to the values that have defined its success. As the brand continues its global growth journey, it remains focused on driving innovation, delivering exceptional customer experiences, and setting new benchmarks in luxury furniture and lifestyle solutions.

    Over the years, Stanley Lifestyles has established itself as one of India’s most respected luxury furniture brands, renowned for its meticulous craftsmanship, superior materials, and sophisticated design philosophy. Trusted by homeowners, architects, and interior designers alike, the brand has built a strong reputation for creating elegant living spaces that seamlessly combine comfort, functionality, and contemporary aesthetics.

    The launch reinforces Stanley Lifestyles‘ long-term vision of expanding its presence across carefully selected international markets while remaining true to the values that have shaped its success. With a continued focus on innovation, craftsmanship, and customer experience, the brand remains committed to setting new benchmarks in luxury furniture while inspiring elevated living experiences across the region.

    Beyond furniture, Stanley Lifestyles represents a philosophy of living that celebrates artistry, authenticity, and uncompromising attention to detail. Every collection reflects a commitment to creating spaces that inspire, offering customers an opportunity to experience luxury through thoughtful design, exceptional craftsmanship, and enduring quality.

    At the heart of the Stanley brand is an unwavering commitment to craftsmanship and quality. Every collection is meticulously crafted using carefully selected premium materials, including top full-grain genuine leather, and manufactured through advanced production processes that combine cutting-edge technology with skilled craftsmanship. Rigorous quality standards ensure every piece delivers exceptional comfort, durability, and timeless appeal.

    With its entry into Sri Lanka through Singer, Stanley Lifestyles brings not only internationally acclaimed luxury furniture but also a globally celebrated design philosophy that is set to redefine contemporary luxury living and establish a new benchmark for premium lifestyle experiences in the country.

  • Eight MEMU Services Suspended in Khurda Road Division for Track Modernisation

    Bhubaneswar, July 7 (UDN): To facilitate critical track modernisation and safety enhancement works in the Khurda Road Division, Indian Railways has temporarily cancelled eight MEMU train services operating on July 7, 2026, affecting commuters travelling on key suburban routes in Odisha.

    Eight MEMU Services Suspended in Khurda Road Division for Track Modernisation

    Representational Image

    The cancellations are necessitated by ongoing infrastructure upgradation between Malatipatpur and Puri stations. Railway officials said the engineering work is part of a broader initiative to modernise railway assets, improve operational safety, enhance reliability and enable smoother train operations on the section.

    The services cancelled for the day are:

    • Train No. 68403 Khurda Road–Puri MEMU

    • Train No. 68404 Puri–Khurda Road MEMU

    • Train No. 68415 Cuttack–Puri MEMU

    • Train No. 68416 Puri–Cuttack MEMU

    • Train No. 68437 Bhadrak–Cuttack MEMU

    • Train No. 68438 Cuttack–Bhadrak MEMU

    • Train No. 58405 Cuttack–Paradeep MEMU

    • Train No. 58406 Paradeep–Cuttack MEMU

    Railway authorities have urged passengers to make alternate travel arrangements and check the latest train status before commencing their journey. Real-time updates are available through the National Train Enquiry System (NTES) and the official Indian Railways online platforms.

    Officials emphasised that while the temporary suspension may inconvenience commuters, the modernisation work is essential for strengthening railway infrastructure and ensuring safer, faster and more dependable train services in the future. The upgrade is expected to improve operational efficiency and provide long-term benefits to passengers travelling through the Khurda Road Division.

  • Odisha’s Rail Network Gets Major Fillip as Daily Berhampur–Udhna Amrit Bharat Express and New Puri–Koraput Express Begin Operations

    Berhampur, July 7 (UDN): Odisha’s railway infrastructure received a significant boost on Monday with the launch of two key passenger services—the Daily Berhampur–Udhna (Surat) Amrit Bharat Express and the new Puri–Koraput Express—aimed at improving connectivity within the State and with western India.

    Odisha's Rail Network Gets Major Fillip as Daily Berhampur–Udhna Amrit Bharat Express and New Puri–Koraput Express Begin Operations

    The two trains were flagged off by Chief Minister Mohan Charan Majhi and Union Railway Minister Ashwini Vaishnaw during separate inauguration ceremonies held at Berhampur and Puri railway stations.

    A major highlight of the announcement was the conversion of the Berhampur–Udhna Amrit Bharat Express from a tri-weekly service into a daily train. The move addresses a long-standing demand from passengers, particularly the large number of migrant workers, traders, students and families travelling regularly between Odisha and Gujarat.

    Odisha's Rail Network Gets Major Fillip as Daily Berhampur–Udhna Amrit Bharat Express and New Puri–Koraput Express Begin Operations

    Connecting Berhampur with Surat, one of India’s leading textile and industrial hubs, the train also serves important destinations across Andhra Pradesh, Chhattisgarh and Maharashtra. Railway officials believe the daily service will provide greater travel flexibility, reduce waiting periods and strengthen economic and social ties between the regions.

    The newly introduced Puri–Koraput Express is expected to significantly improve intra-state rail connectivity by linking the coastal belt with western and southern Odisha. The train will pass through several important stations, including Khurda Road, Bhubaneswar, Angul, Sambalpur, Bargarh Road, Balangir, Titlagarh, Kesinga, Muniguda, Rayagada, Kakiriguma and Damanjodi, before reaching Koraput.

    According to railway officials, the new service will enhance accessibility to tribal and interior districts, facilitate tourism to religious and scenic destinations, improve trade and business connectivity, and offer passengers a more convenient travel option across the State.

    Odisha's Rail Network Gets Major Fillip as Daily Berhampur–Udhna Amrit Bharat Express and New Puri–Koraput Express Begin Operations

    Speaking on the occasion, Chief Minister Mohan Charan Majhi said Odisha is emerging as a key driver of India’s development and highlighted the Centre’s increased investment in the State’s railway sector.

    “Odisha will serve as a growth engine for a developed India. The unprecedented investment in railway infrastructure will accelerate the State’s economic transformation and make Odisha more prosperous in the years ahead,“ he said.

    Union Railway Minister Ashwini Vaishnaw emphasised the importance of the Berhampur–Surat rail corridor, noting the strong social and economic ties between the two cities due to the large Odia population living and working in Surat.

    “The Daily Berhampur–Udhna Amrit Bharat Express will greatly benefit passengers travelling between the two regions. Berhampur Railway Station will also be transformed into a world-class station. The design has been finalised, Phase-I preparations are complete, and construction will commence soon after the groundbreaking ceremony,” the Minister said.

    The launch of the two services is expected to ease passenger demand, improve regional mobility and strengthen Odisha’s integration with major economic centres, while reinforcing Indian Railways’ efforts to expand modern, accessible and inclusive rail connectivity across the country.

  • Amarya Bajaj wins Dutch Junior Open U-13 squash title

    New Delhi, July 6: Indian squash prodigy Amarya Bajaj has won the U-13 girls’ title at the Dutch Junior Open, marking a significant achievement in her young sporting career.

    Amarya delivered a strong performance throughout the tournament, showcasing consistency, agility, and control to secure the championship in her age category. Her victory adds to India’s growing presence in junior squash on the international stage.

    Officials and coaches associated with the sport praised her achievement, noting that such performances reflect the rising depth of junior talent in Indian squash. The win is expected to boost her confidence as she prepares for upcoming international and national competitions.

  • Hockey India announces sub-junior men’s camp for Youth Hockey5s Asian C’ship

    New Delhi, July 6: Hockey India has announced the list of players selected for the sub-junior men’s national coaching camp ahead of the upcoming Youth Hockey5s Asian Championship.

    The selected players will undergo intensive training focused on fitness, speed, and skills required for the fast-paced Hockey5s format. The camp is part of preparations for the continental tournament.

    Officials said selections were based on recent performances in national-level events and talent identification programmes. The initiative aims to strengthen grassroots development and build a competitive squad for international competition.