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    August 7, 2026
    Vijayan slams Kerala govt's move to end doorstep pension delivery through cooperative banks
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    August 7, 2026
    Vijayan slams Kerala govt's move to end doorstep pension delivery through cooperative banks
    Show AI Summary
    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
    Kerala to stop welfare pension delivery through cooperative banks, shifts to DBT
    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
    China's exports slow slightly in July despite robust demand for high-tech products
    Show AI Summary
    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
    India successfully concludes the Tenth BRICS Industry Ministers' Meeting in Jaipur under its BRICS Chairship 2026
    Show AI Summary
    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
    APEDA Organises BIOFACH INDIA 2026 to Promote India's Certified Organic Products and Expand Global Market Access
    Show AI Summary
    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
    RBI bars banks from disabling mobile devices of defaulting borrowers
    Show AI Summary
    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
    Par panel for early conclusion of India-US trade pact, tariff exemptions on key goods
    Show AI Summary
    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
    No commitments relating to ethanol import from US for fuel blending under FTA talks: Govt
    Show AI Summary
    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
    No concession or commitment on import of Ethanol for fuel blending from the United States
    Show AI Summary
    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
    Office of the Controller General of Patents, Designs and Trade Marks Announces Tentative Schedule for Patent and Trade Marks Agent Examinations 2027 at 15 Centres Across India
    Show AI Summary
    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
    RBI invites comments on the draft “Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 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
    West Bengal seeks 100pc foodgrain, 40pc sugar jute packaging quota at SAC meeting
    Show AI Summary
    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
    RBI clasifies Tata Sons, 16 others as large NBFCs
    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
    Sensex climbs 374 points on buying in Reliance, ICICI Bank; Nifty ends flat
    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
    Insurance Division, DFS Secures 3rd Rank in Group A Category of Grievance Redressal Assessment & Index (GRAI) for June 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
    VKDL Group’s NPA Bazaar Strengthens India’s Distressed Asset Resolution Ecosystem Under the Leadership of V K Dubey
    Show AI Summary
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    Show AI Summary
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    August 6, 2026
    Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee August 3 to 5, 2026
    Show AI Summary
    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
    Stock markets edged higher in early trade amid lower crude oil prices, buying in Reliance Industries
    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
    Monthly review of accounts of Government of India upto June 2026 (FY 2026-27)
    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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      News and Press Release

      13,18,192 sellers registered in the Government e-Marketplace (GeM) to sell their products directly to various Government departments and organizations

      February 8, 2023

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      There are 13,18,192 sellers who have registered themselves in the Government e-Marketplace (GeM) to enable them to sell their products directly to various Government departments and organisations, the Minister of State in the Ministry of Commerce and Industry, Smt. Anupriya Patel said in reply to a parliamentary question today.

      The state and year-wise details of number of various Government departments, organization and new suppliers registered on Government e-Marketplace (GeM) which enables them to sell on GeM are mentioned in enclosed Annexure.
      There is no definition of an active supplier on GeM. Registered suppliers decide to participate in any bid depending on their interest, availability of products and other factors. All the registered sellers have equal opportunity to participate in the marketplace and bids. Successful award of an order is contingent on the requirement given by the buyer and the ability of seller to meet the requirement by offering the most competitive price.
      As on 01-02-2023 total 1,01,525 sellers have participated in the Portal from Gujarat, which is about 8.34 % in comparison to the rest of country figure.

      Annexure

      The state and year-wise details of number of various Government departments, organisation and new suppliers registered on Government E-Marketplace (GeM) which enables them to sell on GeM portal are as under:

      Buyer Details:

      Fiscal Year Wise Buyer Registration

      Fiscal Year

      No. of Primary Users

      No. of Secondary Users

      FY16-17

      2,286

      3,091

      FY17-18

      18,886

      50,459

      FY18-19

      13,975

      33,977

      FY19-20

      10,053

      28,063

      FY20-21

      6,892

      24,669

      FY21-22

      7,607

      22,371

      FY22-23 (till 01.02.23)

      6,560

      15,327

       

      66,259

      1,77,957

       

      State/UT wise distribution of Buyers

      State/UT

      No. of Primary Users

      No. of Secondary Users

      ANDAMAN AND NICOBAR ISLANDS

      263

      907

      ANDHRA PRADESH

      1,341

      2,359

      ARUNACHAL PRADESH

      357

      636

      ASSAM

      1,207

      2,431

      BIHAR

      3,628

      5,037

      CHANDIGARH

      598

      2,216

      CHHATTISGARH

      1,463

      4,294

      DADRA & NAGAR HAVELI

      68

      178

      DAMAN & DIU

      177

      260

      DELHI

      3,268

      21,450

      GOA

      313

      544

      GUJARAT

      4,649

      14,056

      HARYANA

      2,053

      5,142

      HIMACHAL PRADESH

      894

      3,907

      JAMMU & KASHMIR

      5,240

      8,703

      JHARKHAND

      1,556

      3,991

      KARNATAKA

      2,757

      5,480

      KERALA

      3,671

      5,399

      LADAKH

      26

      133

      LAKSHADWEEP

      20

      43

      MADHYA PRADESH

      5,109

      17,414

      MAHARASHTRA

      6,152

      17,349

      MANIPUR

      279

      424

      MEGHALAYA

      228

      625

      MIZORAM

      126

      179

      NAGALAND

      207

      318

      ODISHA

      2,254

      4,225

      PUDUCHERRY

      214

      672

      PUNJAB

      2,281

      3,744

      RAJASTHAN

      2,708

      7,173

      SIKKIM

      171

      249

      TAMIL NADU

      2,216

      6,926

      TELANGANA

      1,087

      2,776

      TRIPURA

      280

      701

      UTTAR PRADESH

      5,792

      18,996

      UTTARAKHAND

      1,358

      3,044

      WEST BENGAL

      2,248

      5,976

       

      66,259

      1,77,957

      Seller Details:

      There are 13,18,192 sellers who have registered themselves in the Government e-Marketplace (GeM) to enable them to sell their products directly to various Government departments and organisations. Details are as under –

      Year Wise Details

      Fiscal Year

      Number of new suppliers who have registered themselves on Government e-Marketplace (GeM) and completed their profile to enable them to sell on GeM

      FY16-17

      3,251

      FY17-18

      31,686

      FY18-19

      78,647 

      FY19-20

      94,496 

      FY20-21

      8,42,925 

      FY21-22

      1,59,711 

      FY22-23 (till 01.02.23)

      1,07,466 

       

      13,18,192 

       

      State wise Details

      State /UT

      Number of suppliers who have registered themselves on Government e-Marketplace (GeM) and completed their profile to enable them to sell on GeM

      ANDAMAN AND NICOBAR ISLANDS

      2,216

      ANDHRA PRADESH

      54,275

      ARUNACHAL PRADESH

      1,830

      ASSAM

      20,647

      BIHAR

      35,912

      CHANDIGARH

      5,120

      CHHATTISGARH

      19,255

      DADRA AND NAGAR HAVELI

      762

      DAMAN AND DIU

      470

      DELHI

      87,841

      GOA

      2,624

      GUJARAT

      1,01,525

      HARYANA

      45,407

      HIMACHAL PRADESH

      7,930

      JAMMU & KASHMIR

      21,096

      JHARKHAND

      22,882

      KARNATAKA

      61,851

      KERALA

      30,747

      LADAKH

      338

      LAKSHADWEEP

      30

      MADHYA PRADESH

      57,804

      MAHARASHTRA

      2,24,299

      MANIPUR

      7,473

      MEGHALAYA

      1,939

      MIZORAM

      939

      NAGALAND

      2,075

      ODISHA

      28,306

      PUDUCHERRY

      2,608

      PUNJAB

      35,921

      RAJASTHAN

      63,450

      SIKKIM

      347

      TAMIL NADU

      96,155

      TELANGANA

      53,025

      TRIPURA

      5,614

      UTTAR PRADESH

      1,48,122

      UTTARAKHAND

      16,900

      WEST BENGAL

      50,457

       

      13,18,192

      *****

      AD/MS

       

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