New Delhi, July 20, 2026: Consumer sector deal activity remained resilient in the second quarter of 2026, with transaction values reaching $981 million, according to a recent report. The report highlighted continued investor interest in the consumer segment, supported by changing consumption patterns, business expansion opportunities, and growth potential across various categories. Despite evolving market conditions, the sector maintained steady momentum as companies focused on strengthening…
President Murmu Begins Historic First Visit to Moldova, Strengthening Bilateral Ties
New Delhi, July 20: President Droupadi Murmu has arrived in Moldova on a historic visit, marking the first-ever visit by an Indian President to the European nation. The landmark visit is aimed at strengthening diplomatic relations between India and Moldova and exploring new opportunities for cooperation in areas of mutual interest. The visit reflects India’s continued efforts to expand engagement with European partners. During the visit,…
Deep-Water Ports to Strengthen India’s Maritime Growth
New Delhi, July 20: India is stepping up efforts to develop deep-water port projects as part of a strategy to strengthen its maritime infrastructure and reduce dependence on foreign transshipment hubs. The initiative aims to enhance India’s position in global trade by improving port capacity, increasing cargo handling efficiency, and creating stronger connectivity with international shipping routes. Deep-water ports are expected to help accommodate larger vessels…
Floodwaters Disrupt Train Services in Assam as Railway Tracks Go Under Water
Guwahati, July 20: Train services in Assam have been affected after floodwaters submerged railway tracks at several locations, disrupting normal rail movement in the state. Continuous rainfall and rising river levels have caused water accumulation over railway sections, forcing authorities to take precautionary measures to ensure passenger safety. Railway teams are monitoring the affected areas and carrying out inspections to assess the condition of the tracks.…
Credit Growth Remains Resilient Amid Deposit Challenges
New Delhi, July 20: Bank credit growth in India is expected to remain strong despite concerns over the gap between credit expansion and deposit growth, according to a report by SBI Research. The report highlighted that lending activity is likely to maintain momentum, supported by economic growth, improving demand across sectors, and continued financial system stability. However, the difference between loan growth and deposit mobilisation remains…
India and Canada Discuss Trade Opportunities, Sustainable Growth Through CEPA Framework
New Delhi, July 20: Chief Economic Adviser V. Anantha Nageswaran held a meeting with the Canadian High Commissioner to discuss opportunities for strengthening economic cooperation between India and Canada, including areas linked to the Comprehensive Economic Partnership Agreement (CEPA). The discussions focused on expanding bilateral trade, enhancing investment opportunities, and promoting sustainable economic growth between the two countries. Both sides highlighted the potential for deeper collaboration…
India’s Gems and Jewellery Exports Rise Over 26 pc in June, Boosting Trade Growth
New Delhi, July 20: India’s gems and jewellery exports recorded strong growth in June, rising by more than 26% compared with the previous period, reflecting increased demand from international markets and strengthening the country’s position in the global jewellery trade. The export growth was supported by improved market conditions, steady demand for precious jewellery, and rising interest in Indian craftsmanship across global markets. The sector continues…
Aradi Dham Witnesses Massive Devotee Turnout as Shravan Yatra Begins with Grand Jalabhishek
Bhadrak, July 20 (UDN): The holy town of Aradi Dham witnessed a grand gathering of devotees on the first Monday of Shravan, as thousands of Kanwariyas arrived to offer prayers and perform Jalabhishek at the Baba Akhandalamani Temple. More than 15,000 devotees from different parts of Odisha gathered at the shrine, creating a spiritually charged atmosphere with chants of “Har Har Mahadev.” The annual Shravan Yatra…
Rain Disrupts Vegetable Supply in Bhubaneswar, Prices Rise Across Markets
Bhubaneswar, July 20 (UDN): Continuous rainfall has affected vegetable supplies in Bhubaneswar, leading to a sharp increase in prices and adding pressure on household budgets. Vegetable prices at the Unit-1 market have witnessed a significant rise, with several essential items being sold at higher rates. Consumers are facing difficulties as the increase has directly impacted daily kitchen expenses. Traders said supply disruptions caused by heavy rains…
Minor Boy Goes Missing After Falling into Brahmani River While Filming Reel in Odisha
Angul, July 20 (UDN): A minor boy went missing after falling into the Brahmani River from a railway bridge near Jagannath Temple at Samal in Odisha’s Angul district while reportedly filming a short video reel. The incident took place when the boy was allegedly recording the video on the railway bridge before losing balance and falling into the river. Following the incident, search operations have…