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    India, New Zealand trade pact may come into force from later half of October: Comm Secy
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September 15, 2026
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Duty-free market access under the India-New Zealand free trade agreement is expected to support goods, services, and investment ties.
India-New Zealand Free Trade Agreement is expected to enter into force in the latter half of October 2026, subject to both parties completing operationalisation processes and procedures. The agreement grants duty-free access to New Zealand for 100 per cent of Indian exports, replacing existing peak tariffs on key Indian products. It is intended to expand bilateral trade in goods and services, promote investment, and includes New Zealand's investment commitment in India.
September 15, 2026
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NBFC registration surrender denial places listing, chairman continuity, and trust nomination deadlock at the centre of governance deliberations.
RBI's rejection of Tata Sons' application to surrender its NBFC registration retains the company within the regulatory framework associated with a stock-exchange listing requirement. A prospective listing would entail regular disclosure obligations, greater scrutiny of finances, capital allocation and investments, and increased public shareholder expectations. The listing issue intersects with chairman continuity and succession, while proceedings restraining the Sir Ratan Tata Trust from holding meetings may impede joint trustee nominations required to constitute the chairman selection committee.
September 15, 2026
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Bilateral trade engagement addresses structural imbalances, supply chain concerns, and investment restrictions through continued ministerial discussions.
India and China have commenced bilateral trade engagement to identify positions on trade-related concerns and pursue further meetings. Discussions are directed at structural trade imbalances, supply-chain issues, and trust in commercial relations. India's widening trade deficit with China is identified as a principal concern, while investment issues remain relevant because India has tightened its foreign direct investment policy for countries sharing land borders with it. Engagement is intended to explore approaches to more balanced commercial relations and supply-chain resilience.
September 15, 2026
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Programmable digital currency and interoperable payment tools expand secure, purpose-bound banking services through integrated mobile and self-service platforms.
Bank of India introduced integrated digital-banking capabilities covering UPI mandate management, transaction replay, contactless UPI payments, interoperable ticketing and bulk IMPS payments. Programmable Central Bank Digital Currency enables tokens to carry merchant, geographic, expiry and acceptance conditions, with real-time compliance checks for purpose-bound transfers. Additional measures include a self-service cash recycler proof of concept, automated compliance management, a fintech proposal portal, in-branch customer-engagement tools and voice-enabled conversational banking.
September 15, 2026
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Government takeover challenge enables members to contest lease resumption, eviction proceedings, and unelected club management through constitutional property-rights claims.
Eleven Delhi Gymkhana Club members challenge the Central Government's lease resumption and proposed eviction proceedings, alleging a colourable exercise of power and violation of constitutional property protections. They contend that no specific public-purpose project, supporting material, compensation or defence endorsement was disclosed. The dispute also concerns government-nominated management following supersession of the elected committee, delayed restoration of elected control, and an alleged conflict arising from governmental influence over both the lessor and the Club's management. Retrospective ground-rent revision is challenged separately.
September 15, 2026
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Rupee depreciation reflects oil-price pressures, strong dollar demand, weak domestic markets and global risk-off sentiment.
Rupee depreciation against the US dollar was attributed to higher crude oil prices, increased dollar demand from oil importers, weak domestic equity markets, a stronger US dollar and concerns over rising global treasury yields. Higher oil-import payments raised inflation and external trade-balance concerns. Market expectations indicated continued pressure amid global risk-off conditions, although central bank intervention could support the rupee at lower exchange-rate levels.
September 15, 2026
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Multi-gateway digital payment collections streamline merchant routing, reconciliation, tokenisation and performance visibility through a single integration.
DBS MAX enables businesses to access multiple payment aggregators through a single integration, reducing the effort required for separate gateway connections or changes between supported aggregators. The platform supports merchant-defined intelligent routing and provides consolidated visibility across payment gateways and methods for transaction success rates, refunds and reconciliation. Gateway-agnostic card tokenisation supports movement between supported gateways, while the combined functionality is intended to improve payment resilience, optimise transaction flows and strengthen control over digital-payment collections.
September 15, 2026
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Cross-border expertise-center coordination places international teams under common leadership to promote shared standards, continuity, mobility and career development.
Natixis has placed its Portugal and India Expertise Centers under common leadership to strengthen coordination, collaboration, knowledge sharing and consistent working methods across locations. Teams are to work through shared platforms and standards, supporting business continuity across geographies and time zones. The model also promotes talent mobility and international career development while supporting global operational needs and recognising each market's circumstances.
September 15, 2026
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Personal loan pricing requires borrowers to compare lender-assessed rates, repayment tenure, fees, EMIs and total borrowing cost.
Personal loans are available to eligible customers as collateral-free credit, subject to lender assessment, eligibility criteria and applicable lending terms. Interest rate, loan amount and repayment tenure determine the monthly EMI and total repayment obligation, while processing fees and other charges form part of the overall borrowing cost. Borrowers should compare rates, EMIs, tenure, total repayment amount, fees and repayment terms. Applications involve online eligibility checking, submission of personal and financial details, review of an offer, KYC verification and completion of applicable requirements.
September 15, 2026
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Merchandise trade growth strengthened in August as exports rose faster than imports, narrowing India's trade deficit.
India's merchandise exports grew faster than imports in August 2026, reducing the merchandise trade deficit to USD 26.86 billion. Exports reached USD 43.81 billion, with engineering goods, petroleum products, chemicals and textiles supporting growth, while imports amounted to USD 70.76 billion. During April-August, both exports and imports increased. Export demand was significant in the United States, European Union, BRICS countries and other emerging economies, while gold imports declined substantially in August.
September 15, 2026
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Distributed CCS2 charging architecture receives intellectual property protection for centralized power conversion, scalable dispensers, and simplified charging-site expansion.
Granted design and utility intellectual property protection covers a distributed CCS2 EV charging architecture that centralizes power conversion in a shared Power Unit while compact Dispenser Units provide connectors, authentication hardware and displays. The arrangement supports multiple output terminals, permits scalable addition of dispensers, and avoids duplication of conversion and cooling equipment at each charging bay. Dispensers deliver up to 375A per CCS2 connector through natural air cooling and include authentication, monitoring, communication and standards-aligned charging functions.
September 15, 2026
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India-New Zealand free trade agreement is expected to grant duty-free access for Indian exports and promote bilateral investment.
India-New Zealand Free Trade Agreement is expected to enter into force from 19 October 2026. It provides duty-free access in New Zealand for all Indian exports, replacing peak tariffs applicable to specified Indian goods, including ceramics, carpets, automobiles and auto components. The arrangement is intended to expand bilateral trade in goods and services, promote investment, and includes New Zealand's investment commitment in India over a 15-year period.
September 15, 2026
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Capability export reshapes overseas expansion through localization, ecosystem deployment, and adaptation to local regulatory and cultural conditions.
Chinese corporate globalisation is moving towards capability export, involving the transfer of operating capabilities into overseas markets with local adaptation. Expansion requires understanding local rules, investing in local capabilities and building stakeholder trust. Chain-style globalisation extends industrial ecosystems through suppliers and partners, while swarm-style globalisation enables smaller firms to use industrial clusters, platforms and logistics networks. Overseas operations must address fragmented demand, regulatory complexity, local-content requirements, supply-chain gaps and cultural differences. Cross-border acquisitions require executives who bridge organisational, cultural and institutional divides.
September 15, 2026
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Credit-card travel promotions enable eligible cardholders to receive booking discounts and instalment options, subject to partner terms.
Eligible AU Small Finance Bank credit-cardholders may obtain partner-platform discounts on flight, hotel, holiday-package and related travel bookings, subject to validity periods, minimum transaction requirements, eligible card variants and applicable card tiers. Select platforms also provide no-cost or low-cost EMI arrangements with instant discounts or cashback for eligible travel purchases. Cardholders should review partner-specific conditions before booking. The AU 0101 application enables transaction tracking, balance monitoring, eligible-purchase EMI conversion and credit-card bill payments.
September 15, 2026
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Official Language Hindi implementation and innovative official use receive recognition for advancing departmental language compliance and adoption.
Department of Financial Services received the First Prize under the Rajbhasha Kirti award for outstanding implementation and innovative achievements in Official Language Hindi during 2025-26. Recognition was conferred for effective use of Hindi in official work, efforts to maximise its departmental use, and promotion of innovative and creative Hindi-language practices.
September 15, 2026
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Expansion of the India-MERCOSUR Preferential Trade Agreement begins negotiations to broaden cooperation and define the future agreement's scope.
Expansion of the India-MERCOSUR Preferential Trade Agreement has entered negotiations to broaden the existing arrangement into areas of mutual interest. The proposed expansion seeks to deepen economic relations and create greater benefits and opportunities for the respective private sectors. Terms of Reference are being finalised to define the scope and structure of the future expanded agreement.
September 15, 2026
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Electronic Certificates of Origin gain equal validity under preferential trade arrangements, enabling paperless customs procedures.
The First Additional Protocol recognises electronic Certificates of Origin as having the same legal validity and value as paper certificates under the India-MERCOSUR Preferential Trade Agreement. Electronic certificates must be issued and electronically signed by duly authorised entities and officials under the respective domestic legislation of the Parties. The amendment supports paperless trade documentation and electronic verification of origin for preferential tariff treatment, subject to completion of internal procedures and reciprocal notification.
September 14, 2026
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Inflation-targeting framework guides policy-rate decisions as elevated food, energy and wholesale costs increase risks to consumer prices.
The inflation-targeting framework requires Consumer Price Index-based inflation to be maintained at 4 per cent, subject to a margin of 2 per cent on either side. The Monetary Policy Committee takes retail inflation into account when determining the policy repo rate. Wholesale price inflation rose with higher food, manufactured-item, fuel and power inflation, while elevated energy, food and input costs may transmit producer-level pressures to retail prices.
September 14, 2026
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Money-laundering investigation into recruitment examination irregularities proceeds from police and vigilance FIRs concerning selection of panchayat development officers.
Alleged irregularities in the 2016 recruitment examination for Gram Panchayat Vikas Adhikari posts in Uttarakhand are under money-laundering investigation under the Prevention of Money Laundering Act. The case arises from four police and vigilance FIRs concerning the examination conducted by the state service selection commission. Enforcement action included a search of the premises of a personal assistant to a former Chief Minister and seizure of cash and valuables.
September 14, 2026
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Territorial jurisdiction requires material cause-of-action facts, not incidental business connections, in challenges to advertising regulatory notices.
Territorial jurisdiction in challenges to regulatory show-cause notices requires a substantial and material connection between the dispute and the forum. A company's registered office, payment arrangements, campaign management, or engagement of brand ambassadors do not confer jurisdiction when they have no direct bearing on the validity of notices issued elsewhere. Incidental or background facts cannot be presented as a cause of action. Forum conveniens favours the forum most closely connected with the regulator, the notice recipients, the alleged activity and the asserted statutory violations.

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Russia's top diplomat praises Trump's views on Ukraine conflict

January 14, 2025

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Moscow, Jan 14 (AP) Russia's top diplomat said Tuesday that Moscow is open for talks with President-elect Donald Trump and praised him for pointing to NATO's plan to embrace Ukraine as a root cause of the nearly 3-year-old conflict.

Any prospective peace talks should involve broader arrangements for security in Europe, Russian Foreign Minister Sergey Lavrov said at his annual news conference, while adding that Moscow is open to discussing security guarantees for Kyiv.

Lavrov specifically praised Trump's comments earlier this month in which he said that NATO's plans to open its doors to Ukraine had led to the hostilities.

Trump said Russia had it “written in stone” that Ukraine's membership in NATO should never be allowed, but the Biden administration had sought to expand the military alliance to Russia's doorstep. Trump added that, "I could understand their feelings about that.” Trump's comments echoed Moscow's rhetoric which has described its “special military operation” in Ukraine launched in February 2022 as a response to planned NATO membership for Kyiv and an effort to protect Russian speakers. Ukraine and its allies have denounced Russia's action as an unprovoked act of aggression.

“NATO did exactly what it had promised not to do, and Trump said that,” Lavrov said. “It marked the first such candid acknowledgement not only from a US but any Western leader that NATO had lied when they signed numerous documents. They were used as a cover while NATO has expanded to our borders in violation of the agreements." The West has dismissed that assessment. Before the conflict, Russia had demanded a legal guarantee that Ukraine be denied NATO entry, knowing the alliance has never excluded potential membership for any European country but had no immediate plan to start Ukraine down that road. Russia said NATO expansion would undermine its security, but Washington and its allies argued the alliance didn't threaten Moscow Ukrainian President Volodymyr Zelenskyy has urged his Western allies to invite Kyiv to join NATO, or, at the very least, offer comprehensive security guarantees that would prevent any future Russian attacks. The alliance's 32 member countries say Ukraine will join one day, but not until the fighting ends.

Trump has reaffirmed his intention to broker peace in Ukraine, declaring earlier this month that “Putin wants to meet” and that such a meeting is being set up. In the past, he has criticised US military aid for Ukraine and even vowed to end the conflict in a single day if elected.

Lavrov emphasised that Russian President Vladimir Putin has repeatedly declared his openness for talks with Trump, adding that Moscow looks forward to hearing Trump's view on Ukraine after he takes office.

Lavrov also praised comments by Trump's pick for national security adviser, Mike Waltz, who said Sunday it's unrealistic to expect that Ukraine could drive Russian forces “from every inch of Ukrainian soil.” “The very fact that people have increasingly started to mention the realities on the ground deserves welcome,” Lavrov said during his annual news conference un Moscow.

In its final days, the Biden administration is providing Kyiv with as much military support as it can, aiming to put Ukraine in the strongest position possible for any future negotiations. The US also introduced new sanctions on Russia's oil industry.

Lavrov described those efforts as an attempt by the Biden administration to “slam the door” and leave a difficult legacy for Trump. “The Democrats have a way of screwing things up for the incoming administration,” he said.

He emphasised that any prospective peace talks must address Russia's security concerns and reflect a broad European security environment.

“Threats on the western flank, on our western borders, must be eliminated as one of the main reasons (of the conflict),” he said. “They can probably be eliminated only in the context of some broader agreements.” He added that Moscow is also open to discuss security guarantees for Kyiv, "for the country, which is now called Ukraine.” Lavrov was asked about Trump's comments in which he wouldn't rule out using force or economic pressure to make Greenland — a semiautonomous territory of Denmark — a part of the United States.

Lavrov emphasised that the people of Greenland must be asked what they want.

“For a start, it's necessary to listen to the Greenlanders,” Lavrov said, noting that they have the right for self-determination if they believe that their interests aren't duly represented by Denmark. (AP) GRS GRS

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