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    Vijayan slams Kerala govt's move to end doorstep pension delivery through cooperative banks
    Kerala to stop welfare pension delivery through cooperative banks, shifts to DBT
    China's exports slow slightly in July despite robust demand for high-tech products
    India successfully concludes the Tenth BRICS Industry Ministers' Meeting in Jaipur under its BRICS Chairship 2026
    APEDA Organises BIOFACH INDIA 2026 to Promote India's Certified Organic Products and Expand Global Market Access
    RBI bars banks from disabling mobile devices of defaulting borrowers
    Par panel for early conclusion of India-US trade pact, tariff exemptions on key goods
    No commitments relating to ethanol import from US for fuel blending under FTA talks: Govt
    No concession or commitment on import of Ethanol for fuel blending from the United States
    Office of the Controller General of Patents, Designs and Trade Marks Announces Tentative Schedule for Patent and Trade Marks Agent Examinations 2027 a...
    RBI invites comments on the draft “Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026”
    West Bengal seeks 100pc foodgrain, 40pc sugar jute packaging quota at SAC meeting
    RBI clasifies Tata Sons, 16 others as large NBFCs
    Sensex climbs 374 points on buying in Reliance, ICICI Bank; Nifty ends flat
    Insurance Division, DFS Secures 3rd Rank in Group A Category of Grievance Redressal Assessment & Index (GRAI) for June 2026
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    Lok Sabha passes bill to authorise govt to permit banks to levy charges on UPI transactions
    Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee August 3 to 5, 2026
    Stock markets edged higher in early trade amid lower crude oil prices, buying in Reliance Industries
    Monthly review of accounts of Government of India upto June 2026 (FY 2026-27)
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    August 7, 2026
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    Direct benefit transfer for welfare pensions replaces cooperative-bank doorstep delivery, while retaining limited home service for excluded beneficiaries.
    Direct Benefit Transfer for social security and welfare pensions is to be made through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep delivery. Home delivery remains available for bedridden persons and others who cannot be excluded. The change is associated with delays in remitting undistributed amounts, record-update failures, reconciliation issues, duplicate payments, and incomplete Aadhaar-based payment implementation. Concerns have been raised that mandatory bank-account credit may disadvantage beneficiaries dependent on doorstep delivery.
    August 7, 2026
    Show AI Summary
    Direct Benefit Transfer for welfare pensions replaces doorstep cooperative-bank delivery, while home delivery remains for bedridden beneficiaries.
    Direct Benefit Transfer of social security and welfare pensions is to be made mandatory through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep distribution. Home delivery continues for completely bedridden beneficiaries and others who cannot be excluded. The change addresses delays in remitting undistributed amounts, record-update and reconciliation deficiencies, duplicate payments linked to incomplete Aadhaar-based payments, delivery incentive costs, and the need to comply with Direct Benefit Transfer norms to avoid loss of central financial assistance.
    August 7, 2026
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    Customs trade data show moderating July growth while high-technology exports, vehicles and advanced manufacturing supplies remain strongly supported.
    Customs and trade data showed that China's July export and import growth moderated and its trade surplus narrowed from the preceding month. Typhoon-related port disruptions affected trade flows, but demand for electronics and green technology products supported elevated values. High-technology items, vehicles, electronics and machinery recorded strong January-July export growth, while trade performance varied among the United States, the European Union and Southeast Asia.
    August 7, 2026
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    BRICS industrial cooperation advances MSME, photovoltaic, startup and logistics frameworks alongside resilient trade and digital services collaboration.
    BRICS industrial cooperation under PartNIR was strengthened through a Joint Declaration and institutional measures addressing MSMEs, photovoltaics, startup-led innovation, and resilient transport and logistics. The measures include an SME cooperation framework, Terms of Reference and an Action Plan for photovoltaic industry cooperation, and a startup innovation action plan. Trade discussions focused on the multilateral trading system, MSME participation in international trade, resilient global value chains, and cross-border digitally delivered services within a rules-based trading framework.
    August 7, 2026
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    Certified organic export promotion: BIOFACH INDIA facilitates buyer-seller engagement, certification awareness, traceability discussions and international market access.
    BIOFACH INDIA 2026 promotes certified organic exports by providing a platform for Indian organic enterprises to showcase diverse certified products and engage with overseas buyers through structured Buyer-Seller Meets. Technical sessions address organic certification, traceability, sustainability, quality standards, international regulatory requirements and export-market expectations. The initiative supports quality assurance, international market access, export linkages and sustainable agricultural practices across the organic value chain.
    August 6, 2026
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    Device-based loan recovery restrictions protect essential mobile functions while permitting gradual locking only for lender-financed devices.
    Technology-based recovery mechanisms cannot restrict or disable a borrower's mobile device unless the bank financed acquisition of that device. Where permitted, banks must adopt a gradual approach and preserve essential functions, including incoming calls, SMS access, and emergency SOS features. Regulated entities and service providers must obtain manufacturer or operating-system certification for device-locking technology. Disclosure of borrower or guarantor information to recovery personnel must be limited to what is necessary for loan-recovery duties.
    August 6, 2026
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    Bilateral trade agreement negotiations should secure tariff certainty, protect key exports, strengthen supply chains, and support vulnerable small industries.
    An early Bilateral Trade Agreement is proposed to protect Indian interests, secure tariff exemptions for key exports, reduce barriers affecting industrial products, and create predictable trade conditions. Recommended measures include financial and export-credit support for small industries, real-time monitoring of customs requirements, documentation assistance, and timely policy support against tariff and non-tariff barriers. Export strategy should develop knowledge services and critical supply-chain integration, while a National Fund should assist suppliers with redesign, tooling, certification and entry into new global supply chains.
    August 6, 2026
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    Ethanol imports for fuel blending remain excluded from trade commitments, with domestic producers continuing to supply the blending programme.
    Ethanol imports for fuel blending remain outside concessions or commitments in India-US trade discussions. Under the Ethanol Blended with Petrol Programme, ethanol procurement is governed solely by domestic policy requirements and is sourced entirely from domestic producers. Claims of existing or intended large-scale ethanol imports from the United States for fuel blending, or of a policy change permitting them, are stated to be baseless.
    August 6, 2026
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    Domestic ethanol sourcing for fuel blending continues unchanged, with no import commitments or concessions involving United States ethanol.
    Ethanol used for fuel blending under the Ethanol Blended with Petrol Programme is sourced entirely from domestic producers, with no imports from the United States for that purpose. No concessions or commitments on importing United States ethanol for fuel blending have been made in trade discussions. Fuel blending and ethanol procurement continue to be governed solely by domestic policy requirements, and claims of a policy change allowing large-scale imports are incorrect.
    August 6, 2026
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    Patent and trade marks agent qualification examinations require written-paper minimums, aggregate passing scores, and viva voce assessment for registration.
    Patent and trade marks agent examinations comprise an objective Paper I, a descriptive Paper II and a viva voce assessing suitability to practise before the Intellectual Property Office. Candidates must secure the stipulated minimum marks in each written paper and the required aggregate score to pass. Registration in the relevant Register of Patent Agents or Register of Trade Marks Agents is available only to candidates who satisfy all prescribed eligibility conditions and qualify the examination.
    August 6, 2026
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    Draft NBFC credit-facilities amendments open for stakeholder consultation through designated online and email feedback channels.
    Draft amendments to the Non-Banking Financial Companies credit-facilities framework have been released for public consultation. Regulated entities and other interested stakeholders may submit comments or feedback through the 'Connect 2 Regulate' platform or by email using the specified subject line.
    August 6, 2026
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    Mandatory jute packaging reservations were urged to protect cultivators, mill workers, crop absorption, and environmentally sustainable packaging.
    Mandatory jute packaging reservations were sought to be retained at full coverage for foodgrains and increased for sugar packaging for the forthcoming Jute Year. The submission before the Standing Advisory Committee emphasised absorption of bumper jute output, remunerative prices for cultivators, uninterrupted mill operations, and protection of farm and worker livelihoods. It also stressed that biodegradable jute bags offer an environmentally friendly alternative to HDPE and polypropylene woven sacks, and that dilution of compulsory packaging could undermine plastic-pollution reduction efforts.
    August 6, 2026
    Show AI Summary
    NBFC Upper Layer classification imposes enhanced regulation and listing obligations, while de-registration applications remain under examination.
    NBFC Upper Layer classification subjects identified large non-banking financial companies to enhanced regulatory requirements for at least five years and requires stock-exchange listing within three years of identification. The framework divides NBFCs into Base, Middle, Upper and Top Layers. Seventeen large NBFCs were included in the Upper Layer list, while Tata Sons' classification remains subject to the pending examination of its de-registration application.
    August 6, 2026
    Show AI Summary
    Closing auction price discovery may affect benchmark levels differently based on constituent liquidity and concentrated institutional order flow.
    The Closing Auction Session in the equity cash segment uses an auction-based method to determine closing prices of eligible shares with futures and options contracts, aiming to strengthen transparent and robust price discovery. Its effect on benchmark closing levels may differ according to constituent liquidity and institutional order flow. The Reserve Bank of India retained the policy repo rate and neutral stance, indicating that future policy decisions will be data-dependent and influenced by assessment of energy-cost effects on inflation.
    August 6, 2026
    Show AI Summary
    Public grievance redressal strengthens through monitoring, senior review, workshops, stakeholder coordination, and customer-centric service delivery improvements.
    Public grievance redressal is assessed through the Grievance Redressal Assessment and Index, which analyses grievance categories and disposal. The Department of Financial Services' Insurance and Banking Divisions received third and sixth ranks respectively in the June 2026 assessment. Its framework includes disposal of grievances, random reviews by senior officials, and workshops on effective grievance redressal, supporting best practices, stakeholder coordination, technology use, customer-centric service, and accountable public service delivery.
    August 6, 2026
    Show AI Summary
    Distressed asset resolution integrates restructuring, insolvency advisory, funding facilitation and digital marketplaces for transparent financial recovery transactions.
    The platform provides integrated advisory, management and transaction-facilitation services for Non-Performing Assets, stressed assets and distressed assets. Its services include NPA resolution, debt restructuring, One-Time Settlements, funding assistance, insolvency and bankruptcy advisory, asset reconstruction, financial restructuring and capital raising. Digital and offline marketplaces facilitate transactions involving distressed assets, receivables and related movable or immovable properties, supported by collaborations with banks, Non-Banking Financial Companies, Asset Reconstruction Companies, corporates and investors.
    August 6, 2026
    Show AI Summary
    Merchant discount rate framework may permit charges on notified UPI and digital payments through a government notification mechanism.
    The proposed amendment to Section 10A of the Payment and Settlement Systems Act, 2007 replaces the existing income-tax-linked reference with a Central Government notification-based mechanism for electronic payment modes. It removes the current statutory restriction preventing banks and payment service providers from charging Merchant Discount Rate on notified modes, enabling the Government to permit charges for UPI and other digital payments. The policy rationale is to support funding for payment infrastructure and a sustainable revenue model for service providers.
    August 6, 2026
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    Neutral monetary policy stance continues as resilient growth and food-fuel inflation risks require close macroeconomic monitoring.
    The Monetary Policy Committee retained the policy repo rate and continued the neutral monetary policy stance, citing the need to assess evolving growth-inflation conditions. Domestic activity was assessed as resilient, supported by consumption, investment, credit, manufacturing, services and exports, although global uncertainty, energy prices, supply-chain pressures, geopolitical developments and monsoon conditions remain risks. CPI inflation increased mainly because of food and fuel pressures, while underlying inflation remained moderate. The Committee considered that price pressures were not yet generalised and reaffirmed its commitment to align inflation with the target.
    August 6, 2026
    Show AI Summary
    Closing auction price discovery and a neutral monetary policy stance shaped equity market conditions amid lower crude prices.
    The Closing Auction Session in the equity cash segment introduced an auction-based mechanism for determining closing prices of eligible shares with futures and options contracts, intended to make price discovery more transparent and robust. The Reserve Bank of India retained its neutral stance and left the benchmark policy rate unchanged, pending greater clarity on the inflationary effects of higher energy costs. Future policy decisions were stated to be data dependent.
    August 6, 2026
    Show AI Summary
    Monthly public accounts review records receipts, expenditure, tax devolution, interest payments, subsidies, and capital spending through June.
    Consolidated monthly accounts up to June 2026 report total receipts of Rs.10,49,243 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution transfers to State Governments total Rs.2,63,336 crore. Total expenditure is Rs.13,57,076 crore, including revenue expenditure of Rs.10,16,818 crore and capital expenditure of Rs.3,40,258 crore. Revenue expenditure includes interest payments and major subsidies.

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      Customs, DGFT & SEZ

      APEDA organizes International Buyer Seller Meet at Leh for boosting export of Apricots and other agri products of UT of Ladakh.

      June 14, 2022

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      APEDA organizes International Buyer Seller Meet at Leh for boosting export of Apricots and other agri products of UT of Ladakh.

      Farmers, entrepreneurs from Ladakh and global buyers from USA, Bangladesh, Oman and United Arab Emirates participated in the day long meet

      In a move aimed at realizing Hon’ble Prime Minister Narendra Modi’s vision of ‘Vocal for Local’ with an emphasis on ‘Aatmanirbhar Bharat’, Agricultural and Processed Food Products Export Development Authority (APEDA) in collaboration with Union Territory of Ladakh today organized an International Buyer Seller Meet (IBSM).

      IBSM aimed at boosting exprots of Apricots and other agri products from Ladakh.

      Eighteen entrepreneurs from UTs of Ladakh and Jammu and Kashmir displayed a range of Apricots and other Agri Products. Twenty buyers from India, USA, Bangladesh, Oman, Dubai participated in this event. 

      More than 30 producers of Ladakh Apricots and other agro products and stakeholders from UTs of Ladakh and Jammu and Kashmir participated to interact with the importers and exporters providing platform to growers, entrepreneurs from UTs of Ladakh and Jammu and Kashmir to display their products and facilitate B2B interactions. 

      Leh Ladakh is endowed with conducive climatic conditions for the production of a large number of Apricots and other Agri Products.  The farmers and entrepreneurs of UTs of Ladakh and Jammu and Kashmir need exposure to the international trade opportunities with specific reference to temperate fruits such as Apricots, Walnuts, Apples, etc.

      IBSM provided an opportunity to the producers and processors of UT of Ladakh along and Jammu and Kashmir to show case their products to promote the exports as well as their wholesale and retail sale.
      Shri Radha Krishna Mathur, Hon’ble Lieutenant Governor, UT of Ladakh inaugurated the IBSM in the august presence of Shri Jamyang Tsering Namgyal, Hon’ble Member of Parliament, UT of Ladakh, Dr. M. Angamuthu, Chairman APEDA, Shri Ravinder Kumar, Secretary, Agriculture, UT of Ladakh, Shri Saugat Biswas, Secretary, Industry and Commerce, UT of Ladakh, Dr. Tarun Bajaj, Director, APEDA, Shri Moses Kunzang, Director, Industry and Commerce, UT of Ladakhand officials from APEDA and Union Territory of Ladakh. 

      APEDA, under its initiative to boost exports from Himalayan Region is encouraging States and UTs to harness their potential of agricultural produce exports. A platform will be created for the buyers to get the products directly from the producer group and the processors.

      This event is aimed to link the producers and processors of UTs of Ladakh and Jammu and Kashmir and buyers from other parts of the country as well as abroad which in turn will broaden the base of the export basket from the region, including UTs of Ladakh and Jammu and Kashmir to increase the employment opportunities thereby improving the livelihood of the people.

      APEDA organizes International Trade Fairs for participation of exporters and provides a platform to the exporters to market their food products in the global marketplace. APEDA was also given priority and was provided to participation from UTs of Ladakh and Jammu and Kashmir in the national and international events organized by it such as AAHAR, Organic World Congress, BioFach India etc. to promote agro product exports from these regions. 

      As a result the exporters and entrepreneurs from UTs of Ladakh and Jammu and Kashmir have started participation in national and international events during the recent past.

      APEDA offices are located within the premises of Directorate of Agriculture in Jammu and Srinagar Divisions, UT of Jammu and Kashmir and within Directorate of Industries and Commerce in Leh in UT of Ladakh recruiting Business Development Managers from the respective regions ensuring smooth facilitation to the stakeholders on daily basis.

      Also carrying out hand holding of officials of Directorate of Agriculture, Directorate of Horticulture, Directorate of Horticulture Planning, JKHPMC, FPOs, Cooperatives, exporters and start up entrepreneurs linking the stakeholders on aspects related to international food trade during 2021.

      Organizing sensitization of officials of Seed Certification, Directorate of Agriculture, Horticulture, Animal Husbandry, Sher-e-Kashmir University of Agricultural Sciences and Technology or their convergence into Organic Certification Agency under National Program for Organic Production (NPOP) and ISO-17065 during 2021.

      Despite pandemic situation and travel restrictions, Geographical Indication (GI) certified products such as Kashmir Saffron from Srinagar to Lulu FMCG Dubai and other Middle Eastern markets was exported during 2021. The focus was to ensur that GI products from UT of Jammu and Kashmir are available in the international market and at the same time the producers also realize remunerative prices from the global market.

      APEDA has also signed Memorandum of Understanding (MoU) with Sher-e-Kashmir University of Agricultural Sciences and Technology on mutual areas of cooperation such as technical support and promotional activities for enhancing productivity and promotion of potential products from the region. 

      Shipment of Mishri variety Cherries was carried out from UT of Jammu and Kashmir to Dubai for the first time creating international market for Indian Cherries during 2021. The shipment was handled by local entrepreneurs from UT of Jammu and Kashmir with the established exporter from Mumbai to their counterpart in Dubai. 

      Shipment of UT of Jammu and Kashmir fragrance rice Mushkbudji and Acacia honey have been exported in 2021 by the startups/new entrepreneurs to Lulu Group Dubai, Oman and other Middle Eastern markets. Shipment of Apples from UT of Jammu and Kashmir were carried out during 2021 by the startup/new entrepreneur to Oman, Qatar, Dubai, and other Middle Eastern markets. 

      Stakeholders from UTs of Jammu and Kashmir and Ladakh are regularly participating in virtual and physical domestic and international buyer seller meets organized by APEDA and other departments to generate business enquiries. 

      Shipment of Ladakh Apricots was carried out from Leh to Dubai for the first time followed by commercial shipments of Ladakh Halman Apricot creating an international market for Indian Apricots during the month of August-September 2021. 

      Taking into consideration, the taste, texture and soothing aroma of Ladakh Apricots repeat orders were received from overseas market for the produce on a regular basis. The shipment was handled by local entrepreneurs from Kargil with the established exporter from Mumbai to their counterpart in Dubai. 

      APEDA also facilitated exports of Solar dried Apricots from Kargil to Singapore by Startup company for establishing export chain to enter into international market from UT of Ladakh products. 

      APEDA has been regularly mobilizing startups and entrepreneurs from UTs of Ladakh and Jammu and Kashmir to the national and international physical and virtual events for promotion of products from these regions to international market. 

      As a follow up of earlier visit of Chairman, APEDA to UTs of Ladakh and Jammu and Kashmir as well as meeting of Chairman, APEDA with Hon’ble L.G. UT of Ladakh during February 2022 to explore possibilities of export promotion of identified products such as Apricots, organic products and Sea buckthorn products from the region APEDA is organizing this international Buyer Seller Meet mobilizing stakeholders from around the globe for enhancing exports from the region.

      Hon’ble M.P. Ladakh Namgyal during his address mentioned that the UT of Ladakh has gone ahead with Mission Organic has just completed first phase, 34 villages have been certified. With the move of organic certification, the UT of Ladakh products will fetch higher price thereby higher returns to the producers and exporters. 

      Mathur, the Hon’ble L.G. Of Ladakh, during his address emphasized on adding more and more horticulture and agriculture products from the region e.g. Nubra valley black berries along with augmenting pre and postharvest facilities and logistics arrangements in order to enhance volume of products from the region to international market for higher returns to the producers and exporters. 

      APEDA’s efforts to facilitate exports of identified products from UTs of Ladakh and Jammu and Kashmir as well as mobilizing international buyers to the region was appreciated as it was first event of its kind in the region to boost export. There has been overwhelming response from the FPOs, producers, cooperatives, exporters and importers as well as from the UT Administration which will enable convergence of the negotiations in to the business from the region.

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