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    Why Most People Choose the Wrong Savings Account And How Not to Be One of Them
    RBI has proactively helped UCBs; cooperatives should look at regulator differently: Shah
    Ministry of Agriculture, Food and Rural Affairs and aT Host '2026 K-Food Fair in New Delhi, India'
    No compromise on tackling illegal immigrants' issue: Minister Priyank Kharge
    Technology, transparency key for urban cooperative banks to stay competitive: Shah
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    RBI invites public comments on the draft Directions on ‘Credit Valuation Adjustment (CVA) Framework’
    RBI invites comments on the draft “Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Eleventh Amendment Directions, ...
    87 Proposals Received under BHAVYA Scheme during First Round of Phase-I
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    Rs 5,000 cr credited to 6.22 lakh Maharashtra farmers so far under loan waiver scheme: Fadnavis
    SBI Life and J&K Bank partner to bring comprehensive life insurance solutions closer to families across India
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    August 8, 2026
    Show AI Summary
    Savings account selection requires comparison of effective interest, fees, digital service, access, and individual banking needs.
    Savings-account selection should compare effective interest returns under slab-based rates, recurring operating charges and the customer's actual banking needs. Net value depends not only on advertised rates but also on relevant minimum-balance, card, ATM, alert and transfer fees. Digital reliability, customer support, branch availability and ATM access should be assessed according to the customer's average balance, cash use, transfer frequency, travel patterns and need for in-person assistance. The suitable account is one that matches real banking behaviour.
    August 8, 2026
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    Urban cooperative bank regulation promotes licensing, governance, compliance support and cybersecurity measures to strengthen stability and depositor confidence.
    Urban cooperative banks are encouraged to recognise regulatory support through liberalised branch opening, doorstep banking, demand drafts, life certificates, dedicated regulatory coordination, enhanced gold-loan limits, one-time settlements and progress towards on-tap licensing. Sound governance is material to sectoral stability, while small-borrower lending is presented as a comparatively safe lending segment. The umbrella body can support member banks through technical expertise, compliance assistance, cybersecurity solutions and participation in a security operations centre to strengthen depositor confidence.
    August 8, 2026
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    Korean food export promotion combines buyer consultations, regulatory guidance and consumer experiences to support entry into Indian and South Asian markets.
    Korean food export promotion in India and South Asia combined business consultations with consumer-facing activities. Individual meetings connected Korean exporters with regional buyers and generated memoranda of understanding for products including frozen gimbap, ginseng wine and kombucha. Exporters received on-site guidance concerning non-tariff barriers, including food import customs clearance and certification requirements. Preparatory online sessions addressed import procedures, regulatory matters and consumer trends, while consumer events promoted Korean food through tasting, retail and experiential activities.
    August 8, 2026
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    Illegal immigration enforcement prioritises dismantling entry, documentation and employment networks while requiring citizens to report information through police channels.
    Illegal immigration enforcement involves continuous identification and verification operations, coordination with relevant officials, and confidential investigation of networks facilitating entry, identity documentation, accommodation and employment. Enquiries extend to intermediaries, contractors, Aadhaar procurement and verification practices, rather than focusing only on apprehended individuals. Citizen vigilantism, moral policing and social-media targeting of suspected migrants are discouraged because they may compromise investigations; information should instead be given through proper police channels.
    August 8, 2026
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    Technology, transparency and governance strengthen urban cooperative banks through modern customer services, depositor protection and cooperative-sector support.
    Technology adoption, transparency, sound governance and modern customer services are identified as necessary for urban cooperative banks to remain competitive. Banks are encouraged to join the sector's umbrella organisation and self-regulatory body, which provides capital, information-technology infrastructure and liquidity support. Protection of depositors' money remains a regulatory responsibility, while banks are expected to improve governance, train staff, adopt technology and enhance customer-centric services. Customer prosperity and reduced perception gaps between the central bank and urban cooperative banks are emphasised as measures to strengthen the sector.
    August 8, 2026
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    Authorised Dealer Category-II licensing expands permissible FEMA current account and foreign trade transaction services for cross-border payment customers.
    An Authorised Dealer Category-II approval under the Foreign Exchange Management (Authorised Persons) Regulations, 2026 enables Paul Merchants to undertake additional permissible non-trade current account transactions under FEMA, excluding gifts and donations, and foreign trade transactions within the applicable per-transaction limit. The approval supports foreign exchange and cross-border payment services, including overseas remittances for education, medical treatment, travel, and conference or event participation.
    August 8, 2026
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    Integrated investor claim portal modernisation advances digital KYC, streamlined verification, stakeholder-informed safeguards, and efficient investor claim settlement services.
    Integrated IEPFA Portal 2.0 is proposed to modernise investor claim processing through digital KYC, pre-filled Form IEPF-5, entitlement search, and a simplified e-Verification Report filing workflow. Stakeholder feedback included Aadhaar eKYC address validation, KYC for authorised representatives, entitlement-letter validation checks, bulk DSC and eSign functionality, integration of approved IEPF Form-4 data, lower-value share valuation using NSE and BSE data, and alerts for frequent address changes to prevent fraud.
    August 7, 2026
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    Foreign capital inflows supported the rupee despite geopolitical uncertainty, oil-price pressures, and volatile global market sentiment.
    Foreign capital inflows supported a marginal strengthening of the rupee against the US dollar despite global risk aversion arising from uncertainty surrounding negotiations affecting the Strait of Hormuz. Higher crude oil prices and weak domestic equity sentiment remained relevant pressures. Near-term currency movement was expected to depend on developments in the negotiations, weekend decisions, US employment data, the dollar index, crude oil prices, and the reported increase in foreign exchange reserves.
    August 7, 2026
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    Energy security through diversified sourcing protected fuel supplies during Hormuz disruption and supports domestic exploration and alternative fuels.
    Energy security measures based on diversified crude oil and LPG sourcing, expanded infrastructure, increased domestic LPG production and alternative fuels were presented as maintaining fuel availability during disruption of shipping through the Strait of Hormuz. Domestic resilience is also linked to support for private deep-water oil and gas exploration, opening offshore acreage, and expansion of compressed biogas and ethanol blending. Ethanol-blended petrol testing identified limited contamination instances rather than a systemic issue, while excise duty reductions were described as cushioning consumers against global fuel-price volatility.
    August 7, 2026
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    Credit valuation adjustment framework revises derivative capital requirements through flexible basic approaches, hedge recognition, and risk-sensitive counterparty treatment.
    Credit Valuation Adjustment framework revisions align CVA capital treatment with final Basel III standards. Eligible banks may use the full or reduced basic approach, while banks with an insignificant volume of non-centrally cleared derivatives may calculate their CVA capital charge at 100 per cent of the counterparty credit risk capital charge. The draft also clarifies CVA hedge recognition, introduces risk weights sensitive to sector and credit quality, and separates systematic and idiosyncratic CVA risk in the full basic approach.
    August 7, 2026
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    Leverage ratio framework amendments propose Basel-aligned capital adequacy standards, with public feedback invited on the draft directions.
    Proposed amendments to the leverage ratio framework would revise Chapter VII of the 2025 Commercial Banks Prudential Norms on Capital Adequacy Directions to implement the Basel Committee's Leverage Ratio 2017 Standard. Public comments and feedback on the draft Eleventh Amendment Directions, 2026, are invited until August 28, 2026, through the designated online platform, postal submission, or email.
    August 7, 2026
    Show AI Summary
    BHAVYA Scheme project selection uses challenge-based evaluation of infrastructure, industrial ecosystems, and policy enablers under prescribed eligibility criteria.
    BHAVYA Scheme Phase-I proposals submitted by State and Union Territory governments will be evaluated and scored under prescribed eligibility and evaluation criteria. Challenge-based project selection considers connectivity and site suitability, quality of core, value-added and social infrastructure in the detailed project report, and the industrial ecosystem and policy enablers. The Scheme guidelines provide for completion of the first-phase selection process within one year from notification.
    August 7, 2026
    Show AI Summary
    Multilateral trade cooperation preserves developing economies' policy space while advancing MSME finance, diversified value chains and digital services.
    BRICS ministers adopted measures supporting a development-centred multilateral trading system with the World Trade Organization at its core, preservation of Special and Differential Treatment, binding two-tier dispute settlement, and developing economies' policy space for food security and public stockholding. MSME measures include study of an invoice discounting mechanism and credit-assessment principles focused on cash flow rather than collateral. Value-chain measures provide for a GVC Action Plan, technical cooperation, Special Economic Zone cooperation and digitised trade documents, alongside principles for trusted cross-border digitally delivered services.
    August 7, 2026
    Show AI Summary
    Digital public procurement promotes transparent sourcing, reduced seller charges, competition monitoring and evidence-based spending oversight through an integrated marketplace.
    Government e-Marketplace digitises public procurement through a unified platform promoting transparency, efficiency, good governance and wider supplier participation. Seller-facing measures include reduced transaction charges, exemption of smaller orders, a cap on maximum transaction fees and reduced vendor assessment fees. The platform uses Artificial Intelligence and Machine Learning tools to identify suspected cartelisation, collusion and order splitting, while its digital transactional trail supports expenditure monitoring, identification of inefficiencies and evidence-based policy interventions.
    August 7, 2026
    Show AI Summary
    Criminal justice, extremist-material regulation and administrative schemes feature in reports on prosecutions, demolition practices, loan waivers and fuel policy.
    Criminal justice reports cover bail and an expedited trial in an assault prosecution, arrest for allegedly sheltering an accused, allegations of rape and murder of a minor, and claimed irregularities in a police recruitment examination. Regulatory developments include a ban on extremist literature associated with proscribed organisations and judicial disapproval of coercive demolition. Administrative coverage includes farmer loan-waiver transfers following Aadhaar authentication and debate over the E20 fuel-blending programme.
    August 7, 2026
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    Foreign exchange reserves rose as foreign currency assets, gold holdings, Special Drawing Rights and IMF reserve position increased.
    India's foreign exchange reserves increased during the week ended July 31, principally because of higher foreign currency assets and gold reserves. Foreign currency assets include US dollar valuation effects arising from movements in currencies such as the euro, pound and yen. Special Drawing Rights and India's reserve position with the International Monetary Fund also increased. The movement followed measures to attract foreign exchange inflows, including an FCNR(B) measure, after earlier reserve declines associated with rupee pressure and dollar sales for foreign exchange market intervention.
    August 7, 2026
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    Farm loan waiver eligibility depends on verified beneficiary status and Aadhaar authentication for direct credit of eligible crop-loan relief.
    The farm loan waiver scheme covers eligible short-term crop loans within the prescribed ceiling and eligibility period. Waiver amounts are credited to verified bank accounts after field verification and completion of Aadhaar authentication. Aadhaar authentication is the operative condition for automatic processing of benefits, while eligibility rules and technical conditions have raised concerns about exclusion of distressed farmers.
    August 7, 2026
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    Corporate agency distribution expands access to life insurance products, supporting insurance awareness, financial inclusion and long-term household financial protection.
    A corporate agency arrangement enables J&K Bank to distribute SBI Life Insurance protection, savings, retirement and child-oriented life insurance plans through its branch network. The partnership aims to improve insurance access, awareness, financial literacy and long-term financial planning for households, particularly in Jammu & Kashmir and Ladakh. It is intended to expand insurance penetration, strengthen household financial protection and support financial inclusion in line with the IRDAI vision of "Insurance for All by 2047".
    August 7, 2026
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    Cross-border smuggling controls target narcotics, poppy seeds and areca nuts entering through the Indo-Myanmar border region.
    Cross-border smuggling enforcement targeted methamphetamine, foreign-origin poppy seeds and areca nuts allegedly brought from Myanmar. Methamphetamine concealed in an ambulance was seized under the NDPS Act, 1985. Poppy seeds and areca nuts recovered in separate operations were seized under the Customs Act, 1962. Poppy-seed imports are restricted to designated countries and require registration to ensure traceability and prevent illicit produce entering legitimate supply chains. The enforcement action addresses circumvention of customs controls and regulated import requirements.
    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.

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      TVS Motor Company Showcases Transformational Concepts in Future Mobility at the Bharat Mobilty Global Expo 2025

      January 17, 2025

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      New Delhi, Delhi, India (NewsVoir) • “Designed and made in India, for the world” concepts showcased (1) the world’s first CNG scooter, (2) first android auto powered electric scooter, (3) electric bicycles for urban mobility (4) last mile transportation solutions.

      • Future concepts of the existing product range – TVS RTSx, TVS Vision iQube, TVS - X NFE, TVS Raider Flex, TVS iQube ST 2025 – make their debut.

      TVS Motor Company (TVSM) - a leading global automaker in the two and three-wheeler segment - is showcasing a range of future mobility concepts at the Bharat Mobility Global Expo 2025. These include (1) the world’s first CNG scooter – TVS Jupiter CNG, (2) India’s first android auto powered electric scooter – TVS X (3) made in India electric bicycles, designed as ‘light-electric vehicles’ and (4) electric three-wheeler for public transport. The company has also unveiled future concepts of its existing vehicles and is displaying a range of safety gear, accessory and custom motorcycles including a TVS Ronin that commemorates the Rann Utsav 2025.

      Speaking at the Bharat Mobility Global Expo 2025, Sudarshan Venu, Managing Director, TVS Motor Company, said, "We are excited to showcase concepts that have the potential to deliver impactful solutions and set new standards in personal and commercial mobility. All these made and designed in India, made for the world concepts, are a testimony to India’s innovation and engineering prowess, our progress towards Viksit Bharat. At TVS Motor, we are committed to designing and making in India, for the world. Our exports already exceed USD 1 billion and account for 30% of our volumes. We are poised to take this further. Our vision is to transform the quality of life of our customers and redefine the future of mobility through design, engineering, technology and quality.” Future concepts of existing TVSM vehicles showcased at Bharat Mobility 2025: Unveiling the Future of Electric Mobility: To commemorate the milestone of 500,000 global customers choosing TVS iQube as India's preferred family EV, the company has showcased three innovative future concepts from its existing electric vehicle lineup. These concepts are pioneering electric mobility solutions that redefine convenience, sustainability, and performance.

      • TVS Vision iQUBE Concept: The TVS Vision iQUBE reimagines the iconic iQUBE as a modern luxury scooter designed for the future of urban commuting. With its sleek, geometric proportions, HUD projection, floating HMI, and voice-command interaction, the TVS Vision iQUBE defines ride experiences in the future ecosystem. Adjustable suspension, personalized seat height, and secure storage make it a perfect combination of comfort, style, and functionality.

      • TVS iQube ST 2025 Concept: Unveiled as a future-ready connected electric scooter, the TVS iQube ST 2025 concept takes inspiration from the Northern Lights and sets a new benchmark in smart mobility. It features a customizable touchscreen, geo-fencing, navigation, and a host of rider-centric technologies. With enhanced range, improved practicality, and premium aesthetics, it cements TVS Motor’s leadership in sustainable urban mobility. This innovation stands for technological capability prowess, greatly upgrading the Urban Commute landscape in India seamlessly.

      • TVS X NFE (Nacht Fury Edition) Concept: The Next-Gen TVS X NFE is bestowed with carbon fiber construction for an unrivaled power-to-weight ratio that delivers enhanced performance and an exciting ride experience with gas charged suspension. Its aerodynamic winglets & onboard drone bring futuristic mobility solutions to life through enhance navigation and safety reconnaissance.

      TVS X represents cutting-edge, sleek, and aerodynamic design, aptly described as the “Thrillectric” machine that embodies artful engineering. Marking a milestone in the Indian two-wheeler industry, TVS X will also be the first electric two-wheeler to feature Android Auto integration in partnership with Google.

      • TVS RTSx: Breaking into the Supermoto category, the TVS RTSx delivers unmatched performance with razor-sharp handling for both urban streets and rugged terrain. This Supermoto is built to rule both asphalt and gravel with explosive power and agility to create a perfect symphony of speed and precision Powered by the all-new liquid-cooled “TVS RT-XD4 300” engine, it generates 35PS at 9,000 rpm and 28.5Nm of torque at 7,000 rpm, offering speed, agility, and precision in perfect harmony.

      Future Mobility Concepts showcased at Bharat Mobility 2025: • TVS Concept EB1 – Electric Bicycle: Aimed at transforming urban mobility, the TVS Concept EB1 marks the company’s entry into a new mobility space. It is a “Made in India” product, conceived with a perspective of global design and technology, through which TVS is aiming to redefine the industry. TVS Concept EB1 will be the first product globally to adopt sustainable rare-earth magnet free hub motor, and the first in India to have a secure app-controlled integrated lock. A fully connected electric bicycle with features like adjustable ergonomics, integrated display & telematics, adjustable front suspension and removable integrated battery make it an exciting choice for commuting, leisure and spirited rides.

      • TVS Jupiter CNG - Concept: The world’s first CNG scooter, the TVS Jupiter CNG Concept combines petrol’s convenience with the eco-friendliness and affordability of CNG. Riders can instantly switch between fuels, offering flexibility and cost efficiency at less than Rs. 1 per kilometer. Its bi-fuel technology ensures an extended range of 226 kilometers, catering to the needs of modern commuters while significantly reducing emissions.

      • Electric three-wheeler: The TVS King Electric plus redefines urban mobility with a range of 125 kilometres per charge, quick charging capabilities, and advanced features like TVS SmartXonnect™. This high-performance electric three-wheeler is powered by a 4 pack NMC battery (9.2 KW) giving flexibility to the customer, It offers real-time navigation & vehicle diagnostics. Its spacious cabin and ergonomic seating enhance comfort and functionality, making it an ideal eco-friendly choice.

      • India’s first android auto integrated electric scooter - In partnership with Google, Android Auto debuts on the TVS X, marking a first for the Indian two-wheeler industry. This innovation promises a seamless, safer, and smarter riding experience, featuring wireless pairing, real-time navigation, hands-free communication, and infotainment through Google Assistant. By connecting work and leisure together, TVS X redefines mobility for the modern rider.

      Norton Motorcycles showcase at Bharat Mobility 2025: • TVS Motor Company owned British luxury motorcycle maker Norton Motorcycles is showcasing the Norton V4CR - the most powerful café racer from the UK. This model combines an artistic design with a strong 185 brake horsepower and features hand-crafted precision with modern engineering. TVS Motor is investing in Norton to design, develop, and produce a range of motorcycles for both local and international markets. It is gearing up for a relaunch with an exciting new lineup of motorcycles slated for release in 2026.

      Accessories, merchandise, customised motorcycles, sustainability Merchandise & Accessories – TVSM is showcasing a wide range of merchandise and accessories. The TVS Racing lineup includes helmets, riding gear, hydration backpacks, bluetooth intercoms, and lifestyle products like t-shirts, sweatshirts, caps, and leather jackets. The TVS Racing X Alpinestars collaboration offers exclusive riding gear and lifestyle apparel. Also on display are Hedon helmets, Norton merchandise (t-shirts, sweatshirts, and hoodies), and live demonstrations of bluetooth intercom devices. Completing the showcase are two fully accessorized motorcycles, TVS Ronin and TVS Apache RTR 310, highlighting premium accessory options.

      Custom Motorcycles - Celebrating artistry and innovation, the ‘Rann Utsav’ edition custom motorcycle on the TVS Ronin, showcases the vibrant culture of the Rann of Kutch. It beautifully incorporates Rabari and Ahir Embroidery into its design. This masterpiece highlights the seamless blend of cultural heritage and cutting-edge design. Additionally, three extraordinary custom creations based on the TVS Apache RTR 310 and TVS Ronin, crafted in collaboration with Smoked Garage (Indonesia) and the TVS Motor Factory Team (India), were showcased.

      Sustainability being a core part of its business practices, TVSM is showcasing its community, sustainability and practices, underscoring the company’s commitment to being a safe, sustainable & responsible organisation.

      TVS Racing: With a track-to-road philosophy, TVS Racing continues to push boundaries in motorsport since 1982. As the first Indian OEM to introduce EV and Women’s Racing, and to participate in the Dakar Rally, TVS Racing leads innovation and nurtures talent globally. The showcased bikes include the TVS Apache RTE (Electric OMC bike), TVS Asia One Make Championship RR 310, and TVS Racing 450R Dakar edition, setting new benchmarks in performance and endurance.

      About TVS Motor Company TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.

      For more information, please visit www.tvsmotor.com.

      (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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