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    11th Meeting of National Traders’ Welfare Board Convened in New Delhi
    DRI seizes 9.40 kg foreign-origin gold worth around Rs. 15 crore at Mumbai airport; three arrested
    DRI seizes over 125,000 kg foreign-origin smuggled areca nuts and 41,000 kg poppy seeds worth around Rs. 20.31 crore in Assam and Mizoram in a crackdo...
    Envision Energy Secures TÜV SÜD Certificate for Wind Farm Control System, Strengthening Long-Term Resilience for Future Energy Systems
    India's forex reserves fall USD 14.89 bn to USD 766 bn: RBI data
    No commitment given to bank unions on 5-day work week by Finance Ministry, say sources
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    Draft Warehousing Operations Regulations, 2026 - uploading on the CBIC website for inviting comments/views/suggestions from stakeholders
    From Digital Banking to Resilient Banking – Technology, Cyber Security and AI as Pillars of Trust - Address by Shri Rohit Jain, Deputy Governor at t...
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September 25, 2026
Show AI Summary
Trader welfare policy discussions covered GST reform, digital commerce, finance access, export promotion, and coordinated institutional support.
Deliberations covered GST rationalisation, refund delays, audit duration, amnesty schemes, input tax credit anomalies and pending appeals, alongside proposed inclusion of traders in MSME facilitation committees, a centralised loan portal with a 30-day timeline, CIBIL score reforms and grievance helplines. Trader welfare measures considered timely contractor payments, safeguards against technical penalties, loan-repayment flexibility during lean periods and stronger Centre-State coordination.
September 25, 2026
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Gold smuggling through powdered gold concealed in food products led to seizure and arrests under customs law.
Intelligence-led interception and baggage examination identified foreign-origin gold converted into fine powder and mixed with packaged food products of similar colour, texture and consistency. Segregation and assaying yielded 9.40 kg foreign-origin gold, which was seized under the Customs Act, 1962. Questioning linked the passengers to the same organised gold-smuggling syndicate, and they were arrested under that Act.
September 25, 2026
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Customs seizure of suspected smuggled areca nuts and restricted poppy seeds followed intelligence-led cross-border enforcement operations.
Intelligence-led customs enforcement in Mizoram and Assam resulted in seizure, under the Customs Act, 1962, of suspected foreign-origin areca nuts and poppy seeds believed on preliminary inquiry to have been smuggled from Myanmar. Searches of locked, unattended godowns near the Indo-Myanmar border recovered the commodities, while interception of two trucks carrying poppy seeds without valid import documents led to seizure of the consignments and vehicles. Four persons connected with transportation of the poppy seeds were arrested.
September 25, 2026
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Industrial control system cybersecurity certification validates system-level protection across wind farm controls, networks, and lifecycle security services.
IEC 62443-3-3 Security Level 2 certification applies to a wind farm control system covering SCADA, PPC, PLC and industrial network devices. It assesses system-level security requirements, including the interaction of components, networks and security mechanisms within an overall industrial control environment. The cybersecurity framework also spans secure development, certified core control components, system-level protection, and security integration and maintenance services across the lifecycle of wind energy technologies.
September 25, 2026
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Foreign exchange reserve composition reflects a weekly decline driven by foreign currency assets despite a modest gold increase.
India's foreign exchange reserves declined by USD 14.881 billion to USD 765.901 billion for the week ended 18 September 2026. The contraction was principally driven by a reduction in foreign currency assets, which also reflect valuation effects from movements in non-US reserve currencies. Gold reserves increased, while Special Drawing Rights decreased and the reserve position with the International Monetary Fund remained reported separately.
September 25, 2026
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Five-day banking proposal remains under consideration amid strike plans and measures for uninterrupted banking and advance disbursements.
Five-day banking remains under governmental consideration, with no Finance Ministry commitment to implementation. Unions linked the proposal to the 12th Bipartite Settlement/9th Joint Note, which contemplated extended Monday-to-Friday working hours. Family pension revision and a pension option for resignees were identified as addressed, while withdrawal of the Performance Linked Incentive scheme remains in abeyance. Public sector banks were instructed to remain open on the preceding Sunday, and central government salaries, wages and pensions were directed to be disbursed in advance.
September 25, 2026
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Alternative fuel transition promotes ethanol, electric and hydrogen mobility to reduce imports, pollution, and strengthen farm income.
Alternative-fuel and public-transport measures seek to reduce dependence on imported petroleum, curb air pollution, and support farmer income and employment. Ethanol is positioned as a farm-income source through increased demand and returns for maize growers, alongside electricity, hydrogen and waste-derived CNG. Development and introduction of flex-fuel vehicles, using engines capable of operating on ethanol, electric tractors, hydrogen-powered vehicles and hydrogen buses form part of a cleaner-mobility strategy.
September 25, 2026
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Foreign-exchange market intervention expectations supported rupee appreciation amid improved risk sentiment, while importer demand and crude prices constrained gains.
Foreign-exchange market conditions supported a 19-paise appreciation of the rupee to 95.80 against the US dollar, aided by improved global risk sentiment and expectations of Reserve Bank intervention. Dollar demand from importers, high crude prices and US dollar strength constrained gains. Lower crude prices and dollar weakness could support the rupee, while geopolitical escalation may create pressure. Market participants expected intervention if the currency weakened toward 96.
September 25, 2026
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Credit health assessment combines score, repayment history, utilisation, accounts and enquiries to support informed borrowing and profile monitoring.
Credit health is broader than a numerical credit score and encompasses the way credit has been managed over time. Credit analysis requires a combined review of the score, repayment history, credit accounts, credit utilisation, credit history and credit enquiries. A credit report may identify management of EMIs and credit-card dues, existing borrowing obligations, use of revolving credit relative to available limits, and recent lender checks associated with credit applications. Incorrect or unfamiliar entries may be reviewed and, where necessary, raised with the relevant lender or credit bureau.
September 25, 2026
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Fuel-price mitigation measures use tax reductions, targeted subsidies and energy-security policies to ease pressure on households and energy-intensive industries.
European fuel-price intervention combines targeted subsidies, fuel-tax reductions, temporary regulatory flexibilities and energy-security investment to moderate the economic effects of sharply higher gasoline and diesel prices caused by disrupted supplies. Member States have temporary discretion to grant state aid to households and energy-intensive sectors, including agriculture, transport and fishing, and limited flexibility under EU spending rules for investments that improve energy security and reduce dependence on imported fossil fuels.
September 25, 2026
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AI management certification anchors responsible lifecycle governance, transparency, accountability, security, and human oversight for agentic loyalty systems.
ISO/IEC 42001:2023 certification applies to an Artificial Intelligence Management System governing AI development, deployment, oversight and continual improvement within the GRAVTY platform. The framework supports AI-related risk management, responsible governance, transparency, accountability, security and human oversight throughout the AI lifecycle. Its scope includes supervised and unsupervised learning models and large language models supporting personalised engagement, fraud management, loyalty intelligence, autonomous decision-making, operational automation and workflow support.
September 25, 2026
Show AI Summary
Digital warehousing controls propose electronic tracking, secure transport, monthly returns, and risk-based compliance verification for warehoused goods.
Draft Warehousing Operations Regulations, 2026 would require public and private warehouse licensees to use the electronic portal and a digital warehouse management system for receipt, storage, transfers, removals and accounting of warehoused goods. Transport would generally require a one-time-lock and transit-risk insurance, subject to specified exemptions. Licensees would verify locks and goods, report discrepancies, maintain auditable electronic records, submit monthly returns, and permit removals for home consumption or export only upon electronic clearance orders. Non-confirmation, discrepancies and contraventions would trigger information demands, risk-based verification and action under the Customs Act.
September 25, 2026
Show AI Summary
Technology risk governance requires banks to retain accountability, test resilience, and govern artificial intelligence before scaling financial services.
Technology risk governance must treat technology architecture as a first-order enterprise risk, alongside conventional financial risks, because the availability and integrity of core banking, payments, onboarding, credit, fraud-monitoring and reporting systems determine whether customers can access essential financial services. Banks may outsource technology functions but retain accountability for access controls, concentration, recoverability, data protection and exit options. Effective resilience requires secure architecture, asset visibility, timely remediation of vulnerabilities and legacy systems, identity and access management, effective controls, third-party oversight, post-incident learning, and regular recovery testing.
September 25, 2026
Show AI Summary
Global value chain integration advances trade partnerships, semiconductor capacity, and deep-tech innovation within broader economic engagement.
India's global economic engagement prioritises trade and economic partnerships to strengthen participation in global value chains and supply chains, facilitating cross-border movement of goods and services. The approach is linked to projected semiconductor demand and development of artificial-intelligence capabilities, alongside innovation, deep-tech startup support and private-sector space activity. The startup ecosystem is described as having expanded substantially, with current policy emphasis on deep-tech innovation and participation in global markets.
September 25, 2026
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Trade agreement review targets balanced, user-friendly, trade-facilitative rules to address asymmetries and strengthen regional commerce.
The ongoing review of the ASEAN-India Trade in Goods Agreement seeks to enhance trade flows, address trade asymmetries, and deliver a balanced, effective, user-friendly, and trade-facilitative arrangement for businesses. It forms part of India's commitment to mutually beneficial trade partnerships and regional trade arrangements.
September 24, 2026
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Portfolio management reforms broaden permitted investments, establish independent fund managers, and retain registered managers' responsibility for client portfolios.
Portfolio-management reforms replace the 2020 framework and expand investments into IPOs, primary-market debt, listed overseas equity and debt, and direct plans of Indian mutual fund schemes. Investment-grade unlisted non-convertible debt may comprise up to 10 per cent of client assets under management with client consent. Independent Fund Managers may operate with registered portfolio managers, which retain responsibility and liability. Accredited-investor eligibility is broadened, while specified compliance requirements are relaxed where adequate audit trails and internal controls exist.
September 24, 2026
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Merchant discount rate on UPI merchant payments may be treated as a taxable payment settlement service with input credit availability.
GST treatment of MDR charged on UPI merchant payments above Rs 2,000 is to be considered by the GST Council. The MDR framework imposes a merchant-borne charge for payment processing and settlement. As these activities are services, MDR may attract GST at 18 per cent, subject to the Council's view. Merchants paying GST on MDR may claim input tax credit, potentially reducing their net tax burden.
September 24, 2026
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Fiscal responsibility limits frame cautions on new projects as budgetary discipline rather than financial crisis.
Finance-department advice treats fiscal indicators as grounds for restraint in approving additional expenditure rather than as evidence that funds are unavailable. Funding new projects may be difficult until additional resources are mobilised or allocations already approved are reallocated. Project proposals lacking budgetary provision or earmarked funding may create cash-flow pressures and fiscal-management challenges, requiring deferment until resources are finalised.
September 24, 2026
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Corporate document forgery allegations trigger investigation into unauthorised insolvency consortium participation and disputed share transfers.
An FIR concerns alleged cheating, forgery, criminal conspiracy, corporate-document misuse, and unauthorised financial liabilities arising from participation in a corporate insolvency resolution process. Allegations include entering a consortium arrangement without the Parekh Group's knowledge or authorisation, reliance on a fabricated and unapproved board resolution, and unauthorised transfer of shares to a group-controlled entity. Investigation covers disputed-record authenticity, alleged digital-signature misuse, and financial transaction trails.
September 24, 2026
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Energy security shapes continued Russian crude sourcing as alternative suppliers replace shortfalls amid potential sanctions-related restrictions.
Russian crude imports are operating near 1.8 million barrels daily in September, with refinery maintenance, stronger Chinese buying, and disruptions to Russian export infrastructure constraining availability. Middle Eastern supply, especially from Iraq and Saudi Arabia, has offset reduced Russian volumes. Potential tougher restrictions on countries purchasing Russian oil could complicate procurement, but energy security and tight physical oil markets make a significant near-term reduction in Russian crude purchases unlikely. Replacement remains technically possible but may raise procurement costs and competition for medium-grade crude.

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Corp. Laws, SEBI & IBC

9 FDI Proposals approved

September 8, 2009

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Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on August 28, 2009, Government has approved 09 Proposals of Foreign Direct Investment amounting to Rs. 74.61 Crore approximately.               

Following 09 (Nine) proposals have been approved.

Sl. No.

Name of the applicant

Particulars of the proposal

FDI/NRI inflows (Rs. In Crore)

ECONOMIC AFFAIRS

1

M/s Mundus Real Estates Pvt. Ltd., Margao 

To repatriate the amount received from the foreign investor to undertake construction development activities, as the foreign investor cannot provide the balance amount to meet the minimum capitalization norms.

No Fresh Inflow

2

M/s Ramboll Whitbybird Holdings Ltd., UK

Ex-Post-facto approval of the prior foreign equity participation by virtue of the acquisition in 2007 subject to Press Note 1/2005.

16.00

3

M/s Alpari Forex (India) Pvt. Ltd.,Ahmedabad

To undertake commodity broking and currency future derivatives.

No physical inflow.

HEAVY INDUSTRY

4

M/s Rescal S.A.S France

To undertake the activities of Test Marketing of fabricated metal products, parts and accessories for electrical industrial machinery and apparatus. 

0.01

MICRO SMALL AND MEDIUM ENTERPRISES

5

M/s Amann Sewing & Embroidery Threads Pvt. Ltd., Chennai 

To set up a Wholly Owned Subsidiary to undertake Test Marketing activities of Sewing threads.

13.6

PETROLEUM & NATURAL GAS

6

M/s Ramboll Singapore Pte. Ltd., Singapore

To set up a Wholly Owned Subsidiary to provide engineering consultancy services in the field of Oil and Gas.  The proposal attracts Press Note 1/2005.

22.00

INDUSTRIAL POLICY & PROMOTION

7

M/s Housing Development Finance Corporation Ltd.

To issue and allot warrants and to QIBs on a QIP basis in accordance with the provisions of Chapter XIII- A of the SEBI. 

Not indicated

8

M/s High Mark Credit Information Services

To increase the foreign equity participation from 40% to 49%.

23.00

9

M/s Marconi Telecommunications (India) Pvt. Ltd.

To issue shares to its parent company against trade payable  by it.

Nil

The following 13 (Thirteen) proposals have been deferred:

Sl. No

Name of the applicant

Particulars of the proposal

1

M/s Maharishi Solar Technology (P) Ltd., New Delhi  

Induction of investment from Indian company on behalf of a Foreign company on account of an arbitration proceeding.

2

M/s Shree Meenakshi Food Products Pvt. Ltd., Mumbai 

To issue equity shares to undertake manufacturing of Pan Masala and other tobacco Products.

3

M/s Futuristic Diagnostic Imaging Centre Pvt. Ltd., Bangalore

Ex-post facto approval for foreign investment in the company engaged in manufacturing of medical radioisotopes & Nuclear Medicine/Cancer Imaging Centre.

4

M/s Nova Integrated Systems Ltd., Mumbai

To issue fully and Compulsorily Convertible Debentures (CCDs)/ Equity Shares, for undertaking manufacturing and marketing of defence equipment.

5

Mr. Alan Ian Sanderson & Mrs. Sandra Lesley Diane Day, UAE

To acquire 100% capital for the business of advertisement along with publication of Directories, Yellow Pages, Journals.

6

M/s Jaipur IPL Cricket Pvt. Ltd., (JIPL), Mumbai

To induct 100% foreign equity by way of issue of shares for consideration other than cash inflow.

7

M/s Opto Circuits (India) Limited, Bangalore

Preferential issue of Convertible Warrants under SEBI (DIP) guidelines.

8

M/s Vyoneesh Technologies Pvt. Ltd., Delhi

To set up a Joint Venture Company with 26% foreign equity for manufacturing, designing, etc. of Defence related equipment.

9

M/s Shanghai Urban Construction (Group) Corporation, (SUCG), China 

To set up a Wholly Owned subsidiary in the field of construction activities, project construction, industrial investment, trade, etc.   The proposal attracts Press Note 1/2005.

10

M/s Monsanto India Ltd

For amendment of the extant approval to enable the company to  undertake business activities involving the use of genetically engineered cells and material. 

11

M/s Images Multimedia Pvt. Ltd.

To issue equity shares to foreign investor to undertake publication of speciality magazines in the fashion and retail industry, managements of events focusing on fashion and retail sector.

12

M/s D.B. Corp Ltd.

The company intends to make an initial public offering, including an offer for sale from existing promoters up to 26% of post-IPO paid up share capital.              

13

M/s Verint System India Pvt. Ltd.

To make amendment in the FC approval.

  The following 5 (five) proposals have been rejected:

Sl. No

Name of the applicant

Particulars of the proposal

1

M/s Dynamic Alternatives Pty Ltd., Republic of South Africa

To set up a Wholly Owned Subsidiary to carry out the business of Detective & Protective Services.

2

M/s Aer Rianta International cpt

To set up a holding company to make downstream investment to pursue other duty free opportunities.

3

M/s Redington (India) Ltd.

(i) To extend the time limit for capitalizing the NBFC and (ii) to undertake strategic investments in Indian unlisted and listed companies, and to undertake portfolio investments in Indian listed companies.

4

M/s Goldman Sachs (Mauritius) LLC

To waive of the condition of Press Note 1 of 2005.

5

M/s Ventureeast Trustee Company Pvt. Ltd.,

To accept contributions into the Fund under the foreign direct investment route and to issue Units; and to make investments in securities of the Indian companies.

The following 3 (Three) proposals have been withdrawn from the agenda.

Sl. No

Item No.

Name of the applicant

1

3

M/s Italia Wood Interiors Ltd., Ahmedabad

2

16

Mr. Gagan Verma

3

26

M/s Gammon Infrastructure Projects Ltd.

The following 6 (Six) proposals have been advised to access automatic route.

Sl. No

Item No.

Name of the applicant

Particulars of the proposal

FDI/NRI inflows (Rs. In Crore)

1

6

M/s Simulmedia Inc. Delaware, USA

To acquire equity shares either by itself or through its affiliates, subsidiaries or group companies under the provisions of Press Note 4 of 2009 to carry on the business of research, design and development of systems and applications software and hardware relating to emerging TV technologies. 

0.01

2

7

M/s Network18 Media & Investments Ltd., Delhi

To induct foreign equity by way of subscribing to equity shares and to permit the non resident investment limit (including FDI, FII, NRIs, ADRs, ADS, GDRs, FCCBs etc.) upto 49% of the fully diluted paid up capital.

119.63

3

10

M/s Fishman Realty Management Services India Pvt. Ltd., Delhi

To issue equity shares/fully convertible debentures to carryout the business of advisory services on project construction, project designing, project planning, project marketing and project supervision in India.

0.019

4

11

M/s Energee Realty Ventures Pvt. Ltd., Mumbai

To issue equity shares / fully convertible debentures to carryout the business of construction development projects.

0.96

5

18

M/s Omega Foundry Machinery Ltd., UK

To set up a new Joint Venture company with a foreign equity of 50% as a small scale industrial unit.

0.005

6

24

M/s Qatar General Petroleum Corporation

To increase foreign equity upto 62% for operating and providing Helicopter services

0.52

The following 01 (One) proposal has been recommended for the consideration of CCEA, as the initial approval was granted by CCEA.

Sl. No

Item No.

Name of the applicant

Particulars of the proposal

FDI/NRI inflows (Rs. In Crore)

1

33

M/s Daimler AG

Ex-Post-facto approval for increase in the foreign equity participation to 100%.

78.48

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