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September 23, 2026
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FEMA scrutiny of insolvency acquisitions examines fund flows and possible indirect control by potentially ineligible resolution participants.
FEMA investigation concerns suspected foreign-exchange contraventions and the source and movement of funds used to acquire control of McNally Bharat Engineering Company Limited following its corporate insolvency resolution process. The inquiry also examines whether the process may have enabled persons potentially ineligible under Section 29A of the Insolvency and Bankruptcy Code, 2016, to regain indirect control of the company.
September 23, 2026
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Export facilitation reforms integrate local support, digital trade intelligence, and streamlined Free Trade Agreement procedures to improve market access.
Export facilitation reforms contemplate integrated Commerce and Industry offices and trained local personnel to provide exporters with common access points and district-level handholding support. The Trade Connect platform is envisaged to provide product-wise and HSN-code-wise tariff, Free Trade Agreement and procedural information, supported by digital and AI-enabled tools. Reforms also address electronic verification of Certificates of Origin, integration across the export cycle, digitalisation, simplified trade documentation, reduced compliance burden, and adherence to international quality standards.
September 23, 2026
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Monetary policy outlook: resilient growth and persistent inflation support a projected policy-rate increase amid weather and geopolitical risks.
India's FY27 growth outlook is revised upward to 7 per cent from 6.6 per cent, supported by industrial activity, consumption, goods exports and government investment. Consumer inflation is projected to average 5.1 per cent. Persistent inflationary pressures, solid growth, conflict in West Asia and weather-related risks are expected to support higher interest rates, while below-normal monsoon rainfall may affect agricultural output and food inflation.
September 23, 2026
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Trade partnership frameworks seek diversified market access through proposed economic agreements, investment cooperation, stronger business linkages, and improved connectivity.
Trade and market-access cooperation is to be advanced through a proposed Comprehensive Economic Partnership Agreement with Chile, a proposed Free Trade Agreement with Peru, and expansion of the Preferential Trade Agreement with MERCOSUR. The frameworks seek mutually beneficial outcomes while respecting respective sensitivities and priorities. Diversified trade, investment and business partnerships are envisaged through stronger business-to-business linkages, improved connectivity and more predictable market access.
September 23, 2026
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Diplomatic engagement amid armed conflict continues as parties discuss reopening strategic waterways, energy security, and a potential negotiated settlement.
Diplomatic engagement between the United States and Iran resumed amid an ongoing armed conflict. The engagement concerned reopening the Strait of Hormuz and returning to negotiations toward a settlement, while the United States position combined willingness to engage with threats of escalated military action if an agreement was not reached. Regional consultations also addressed risks to oil carriage, energy supplies, and navigation through strategic waterways.
September 23, 2026
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Bilateral comprehensive trade agreement negotiations aim for conclusion at the G20, supporting diversification and renewed economic ties.
Comprehensive trade agreement negotiations between Canada and India are progressing, with both governments aiming to conclude discussions by the mid-December G20 summit. Formal negotiations commenced in March, accompanied by a broader commitment to complete the agreement by the end of 2026. The proposed arrangement forms part of renewed bilateral economic engagement and Canada's strategy to diversify trade relationships, strengthen market access and reduce dependence on a single market.
September 23, 2026
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Diesel export restrictions may worsen refinery constraints and consumer fuel costs amid global refining capacity disruptions.
Possible restrictions on diesel exports are being considered to address rising domestic diesel prices amid disruption to global refining capacity. Oil industry representatives oppose an export ban, contending that it could aggravate refinery-sector constraints and worsen supply conditions. They advocate increased supply and operational flexibility instead of new export restrictions, while farm-state senators support a diesel export ban.
September 22, 2026
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District-led economic development will align local resources, enterprise support and export promotion to strengthen regional economic opportunities.
The Uttar Pradesh Enabling District-Led Economic Growth project is proposed to convert district-specific resources into investment, employment, entrepreneurship and export opportunities. Its framework combines economic activity with stronger local administration and major investment proposals suited to local needs. Economic diversification is to expand manufacturing and services alongside agriculture, while local products are to receive improved design, packaging and access to global markets. Proposed measures also include enterprise development, women entrepreneurship, skills training, healthcare, agricultural processing and polyhouse development.
September 22, 2026
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Healthcare access integration enables local outpatient ticketing and appointment booking through banking correspondents, alongside employee banking and patient-support initiatives.
The partnership integrates SKIMS outpatient ticketing and appointment booking with J&K Bank's Banking Correspondent network on a six-month pilot basis, enabling local access for patients in rural and remote areas. J&K Bank serves as SKIMS's banking partner, offers customised employee banking benefits, supports hospital infrastructure through corporate social responsibility assistance, enables public contributions to the poor-patient endowment fund through a mobile application, and provides digital financial literacy and wealth-management programmes.
September 22, 2026
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Money-laundering searches prompt allegations of pressure on an urban development body and disruption of welfare delivery programmes.
Survey and search operations under the Prevention of Money Laundering Act covered 26 premises, including the Greater Mohali Area Development Authority office and the Principal Secretary for Housing and Urban Development. AAP alleged that the action was intended to create fear and pressure among government officers and impede welfare and development initiatives. It described GMADA as a revenue-generating authority whose resources support public welfare, urban infrastructure and planned development.
September 22, 2026
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Public recruitment money laundering allegations include payments, examination-paper access, and recruitment-rule changes allegedly facilitating selected candidates.
Money-laundering proceedings concerning alleged irregularities in public-service recruitment examinations include a prosecution complaint against the former CGPSC chairman and others. Allegations concern payments to facilitate selections, access to examination papers for candidates, and collection of consideration. A former examination official is alleged to have aided a recruitment-rule amendment removing "nephew" from the definition of family, allegedly facilitating selection of relatives. The investigation is linked to an economic-offences FIR, a CBI complaint and related chargesheets.
September 22, 2026
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Five-day banking demand drives a proposed nationwide bank strike after conciliation remains inconclusive during half-yearly closing.
Proposed nationwide three-day bank strike from 28-30 September 2026 follows an inconclusive conciliation meeting. The strike is linked principally to the demand for five-day banking, with reconsideration contingent on concrete and positive progress toward its implementation. Other demands cover pension upgradation, a uniform dearness allowance formula for pensioners, and an option for National Pension System-covered employees to switch to the old pension scheme.
September 22, 2026
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PMLA maintainability turns on whether a private complaint can initiate money-laundering proceedings without a predicate-offence FIR.
Maintainability of PMLA proceedings is contested where the alleged scheduled offence originates in a private complaint rather than an FIR. Respondents contend that a private complaint cannot form the basis for an Enforcement Case Information Report, money-laundering investigation, or prosecution, because the statutory framework recognises predicate-offence action through an FIR or a complaint by a person authorised to investigate.
September 22, 2026
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Related-party transaction disclosure and audit-report compliance proceedings conclude through settlement without admissions by five companies.
Securities-market settlement proceedings concerning five Adani group companies addressed alleged non-compliance with listing-related disclosure and audit-report requirements. Allegations included failure to disclose certain related-party transactions and audit or limited-review reports signed by firms lacking a valid peer review certificate. While adjudication remained pending, the companies proposed settlement without admitting or denying the findings of fact or conclusions of law.
September 22, 2026
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Social media publication of court-related affidavits in pending money-laundering proceedings must not displace submissions through judicial process.
Use of court-related affidavits in pending money-laundering proceedings must remain within the judicial process. The Bombay High Court cautioned Vijay Mallya against publishing on social media an Enforcement Directorate affidavit served on his legal team before its submission to the court, stating that parties should place their submissions before the court and that such publication undermines the efficacy of judicial proceedings.
September 22, 2026
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Related-party transaction disclosure and auditor peer-review compliance failures were resolved through settlement without admissions by listed companies.
SEBI settled adjudication proceedings against five listed companies concerning alleged related-party transaction disclosure failures, corporate-governance compliance, and audit or limited-review reports signed without valid peer review certification. The companies sought settlement without admitting or denying the findings of fact or conclusions of law after a show-cause notice proposed inquiry and penalties. The settlement terms were recommended by the High Powered Advisory Committee, accepted by the Panel of Whole Time Members, and implemented upon receipt of the prescribed settlement amounts.
September 22, 2026
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Luxury wedding venture Aria Weddings integrates planning, production and storytelling to deliver bespoke celebrations across selected destinations.
Aria Weddings is launched by Bizspoke Pvt. Ltd. and Sol Production LLP as a luxury weddings and celebrations venture offering end-to-end planning, design and execution for personalised, experience-led celebrations across India and select international destinations. Its services cover concept development, experience and de cor design, entertainment, production, on-ground execution, photography, films and other visual content.
September 22, 2026
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Related-party transaction disclosure compliance resolves adjudication proceedings concerning alleged listing and audit peer-review certification violations.
SEBI settled adjudication proceedings involving five Adani group companies concerning alleged non-disclosure of certain related-party transactions under listing regulations and the erstwhile listing agreement. The settlement also covered audit or limited-review reports signed by audit firms without valid peer-review certificates, with the entities collectively paying Rs 1.50 crore under the settlement terms.
September 22, 2026
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Money-laundering enforcement includes searches of public-development and housing-administration offices as part of a PMLA investigation.
Enforcement Directorate searches at the Greater Mohali Area Development Authority and the office of Punjab's Principal Secretary for Housing and Urban Development form part of a PMLA investigation. The enforcement action is directed at institutional and official premises connected with public development and housing administration in Punjab, involving a development authority and a senior housing-administration office.

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Arduino® Launches Two New Boards: Arduino UNO एक R4 WiFi and Arduino UNO एक R4 Minima, Proudly Made in India

January 27, 2025

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Chennai, INDIA (January 27, 2025) – In conjunction with the national pride celebrations of Republic Day, Arduino, the open-source leader famous for making technology accessible to all, proudly announces the launch of two new development boards, the Arduino UNO एक R4 WiFi and the Arduino UNO एक R4 Minima. Manufactured under the Government of India’s ‘Make in India’ initiative, these boards symbolize a commitment to boosting local manufacturing capabilities and empowering a global community of makers, students, and professionals.

(images available for download at this link) The New Chapter in the History of Arduino Following the huge global success of the iconic Arduino UNO concept, the Arduino UNO R4 is now released in India as Arduino UNO एक R4 WiFi and Arduino UNO एक R4 Minima. Both boards are designed to accommodate ranges of expertise from the beginner just starting out in the world of electronics all the way up to the seasoned innovator working on the most advanced projects.

Key features • Arduino® UNO एक R4 WiFi • Backwards and forwards compatible: Maintain compatibility with existing UNO shields and projects, while leveraging Wi-Fi® and Bluetooth® connectivity for IoT and future-ready applications.

• Reliable quality, built to last: High-quality components ensure durability and dependable performance for projects of any complexity.

• Ongoing firmware updates: Regular updates enhance functionality, security, and integration with the latest software and tools.

• Arduino Cloud compatible: Seamlessly integrates with Arduino Cloud for streamlined development, deployment, and management of connected applications.

• Arduino® UNO एक R4 Minima • Streamlined design: Ideal for prototyping and learning, offering all the essential functions for simple projects.

• RA4M1 microcontroller: Features a state-of-the-art, 32-bit microcontroller with mechanical compatibility with Arduino UNO R3, enhanced features like DAC, CAN, and OpAmp, and full compatibility with standard Arduino libraries and shields.

• Cost-effective with enhanced features: An excellent choice for prototyping and affordable projects – limiting budget, not possibilities! A Grand Unveiling at Davos The Arduino UNO एक R4 WiFi and Arduino UNO एक R4 Minima were officially unveiled at a landmark event during the World Economic Forum (WEF) 2025 in Davos. Led by Fabio Violante, CEO, and Guneet Bedi, SVP and General Manager of the Americas, the Arduino leadership team proudly presented the new boards to Shri Ashwini Vaishnav, India’s incumbent Minister of Electronics and Information Technology, and Mr Jayant Chaudhary, Minister of State (IC) for the Ministry of Skill Development & Entrepreneurship. This significant unveiling highlighted India’s growing influence on the global stage as a hub of technological innovation and excellence.

During the meeting, the ministers praised Arduino’s contributions to India’s tech ecosystem and reaffirmed their commitment to fostering a culture of innovation. The unveiling was accompanied by discussions on India’s role in driving open-source initiatives and promoting STEM education worldwide.

Fabio Violante, CEO (right), and Guneet Bedi, SVP and General Manager of the Americas (left) with Shri Ashwini Vaishnaw, Minister of Electronics and IT (center).

Fabio Violante, CEO (right), and Guneet Bedi, SVP and General Manager of the Americas (left) with Mr. Jayant Chaudhary, Minister of State (IC) for the Ministry of Skill Development & Entrepreneurship (center).

Aligned with Make in India Produced within India’s fast-growing electronics ecosystem, the Arduino UNO एक R4 WiFi and Arduino UNO एक R4 Minima reflect Arduino’s commitment to contribute to local skill development and manufacturing capabilities. In 2014, the Make in India campaign was launched to make India the global design and manufacturing hub. Arduino supports domestic production by generating new opportunities for engineers, entrepreneurs, and innovators in the region.

“Arduino’s decision to manufacture in India is a great example of the country’s potential as a global technology leader,” comments Fabio Violante, CEO of Arduino. “We’re big believers in the power of collaboration and community, and that’s why we’re teaming up with Indian manufacturers to build a culture of innovation that rings true around the world.” According to community statistics shared by the Arduino team, India ranks second in the world in Arduino IDE downloads, proving that the country is home to a rapidly growing community of makers, students, and professionals. Such a surge in usage is a result of India’s thriving ecosystem of innovation, with active DIY enthusiasts, dynamic tech startups, and educational institutions that embrace hands-on learning. As open-source technology becomes the new frontier in Indian engineering, the creative energy from the maker scene throughout India carries on in grassroots hardware tinkering and advanced engineering projects.

Global Impact, Local Accessibility While adhering to Arduino’s open-source philosophy, the boards are designed to address the emerging technology market in India, reflecting a commitment to innovation and accessibility within the region. This approach enables educational institutions, maker spaces, hobbyists, and industry professionals to quickly prototype and iterate new ideas while also encouraging the local Indian economy.

“By adding the Arduino UNO एक R4 WiFi and Arduino UNO एक R4 Minima to our product line, Arduino is helping to drive adoption of connected devices and STEM education around the world,” said Guneet Bedi, SVP and General Manager of the Americas at Arduino. “We’re excited to see the creative projects this community can create with these new boards.” According to Nivruti Rai MD and CEO Invest India, “The launch of Arduino एक R4 on Republic Day is a testament to the technological strides India has made in the global arena. These new boards are not just tools for creation; they represent the innovative spirit of a new India.” Availability Arduino UNO एक R4 WiFi and Arduino UNO एक R4 Minima will initially be available through authorized distributors in India. These boards will also become available through the Arduino Store at a later stage. Region-specific pricing will be announced, and local production ensures competitive and accessible costs for Indian users.

About Arduino Arduino is the leading open-source hardware and software company in the world. Born to provide an easy-to-use platform for anyone making interactive projects, Arduino has reached a growing community and adapted to new needs and challenges, branching out into products for IoT, wearables, 3D printing, and embedded environments. As of today, the Arduino community includes over 33 million active users.

(Disclaimer: The above content is a press release and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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