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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
    DRI intensifies vigil along India's North-Eastern Frontier
    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
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    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
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    Insurance Division, DFS Secures 3rd Rank in Group A Category of Grievance Redressal Assessment & Index (GRAI) for June 2026
    VKDL Group’s NPA Bazaar Strengthens India’s Distressed Asset Resolution Ecosystem Under the Leadership of V K Dubey
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    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.
    August 7, 2026
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    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
    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
    Show AI Summary
    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
    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
    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
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    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
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    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
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    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
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    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.

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      Dalits, backwards, tribals, poor general-caste people being made slaves again: Rahul slams BJP

      January 27, 2025

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      Mhow (MP), Jan 27 (PTI) Leader of Opposition in the Lok Sabha Rahul Gandhi claimed on Monday that Dalits, backwards, tribals and poor general-caste people in the country are being made "slaves" again and alleged that the ruling BJP's vision for the 21st century is that either they are made to do labour work or sent to jail for raising their voice.

      Gandhi, who has been unwell for the last few days, because of which he could not participate in the "Jai Bapu, Jai Bhim, Jai Samvidhan" rally in Karnataka's Belagavi last week as well as missed out on campaigning for the Delhi Assembly polls, made a strong push for the Congress's social-justice narrative and accused the BJP-RSS of insulting B R Ambedkar while addressing a rally here.

      Lashing out at Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat over his remarks that India's "true independence" was established the day the Ram temple in Ayodhya was consecrated, the former Congress chief said the statement shows that Bhagwat does not believe in the Constitution. He said the remarks were an insult to Ambedkar's life that was dedicated to making the Constitution.

      "A few days ago, RSS chief Mohan Bhagwat said, 'India did not get independence on August 15, 1947 and real independence was achieved after Modiji came'. This is a direct attack on the Constitution," Gandhi said, addressing the "Jai Bapu, Jai Bhim, Jai Samvidhan" rally in this Madhya Pradesh town, where Ambedkar was born.

      With a copy of the Constitution in hand, the Congress leader said, "This is Ambedkar's Constitution and some days ago, it was insulted by Mohan Bhagwat, who said the Constitution did not give us independence and the Constitution has nothing to do with it as according to him, real independence was gained after Modiji came. This means he (Bhagwat) does not believe in the Constitution." "Ambedkarji's life was dedicated to making this Constitution and that has been directly insulted by Mohan Bhagwat," he alleged.

      Gandhi claimed that Dalits, backwards, tribals and poor general-caste people "are being made slaves" again.

      "I am surprised that your life is being destroyed and you are silently watching," he said.

      Referring to Bhagwat's "independence" remarks, Gandhi said, "Did you see a poor person at the Ram mandir inauguration? They did not let the tribal president go inside the temple, they did not let Dalits and backwards go inside. At Parliament's inauguration, they did not allow the president to go inside. Modiji said, 'you are a tribal, you cannot come inside'." Addressing the rally that saw a big turnout, the Congress leader said Dalits, backwards and tribals had no rights before independence, when only maharajas and rajas enjoyed rights.

      "The change was brought with independence. You got land and rights. The BJP-RSS wants an India of pre-independence, where common people had no rights and only the likes of Adani and Ambani had rights. They want the poor to suffer in silence and not dream while the country is run by billionaires," he said.

      Asserting that a battle of ideologies is going on in the country, the leader of opposition in the Lok Sabha said on one hand, there is the Congress that believes in the Constitution and is fighting for it, and on the other is the BJP and the RSS that are against Ambedkar's and Mahatma Gandhi's Constitution and are trying to destroy it.

      The Constitution is not just a book, but it reflects India's thinking for thousands of years, he said at the rally that was attended by Congress chief Mallikarjun Kharge and party leaders Jairam Ramesh, K C Venugopal, chief ministers Sukhvinder Singh Sukhu (Himachal Pradesh) and Revanth Reddy (Telangana), among others.

      Since the BJP wanted to finish off the Constitution, it gave the slogan of "400 paar" in the run-up to last year's Lok Sabha polls with the intention of changing it, Gandhi said.

      The INDIA opposition bloc, including the Congress, fought against the saffron party and after the polls, Modi had to bow down before the Constitution, he added.

      The Congress leader asserted that the day the Constitution is finished, nothing will be left for the poor people of the country.

      "There will be nothing for Dalits, backwards and Tribals. People like Adani and Ambani are being handed the country's resources. Where in the Constitution is it written that all resources be given to Adani? The Constitution says all citizens are equal and all Indians have the right to dream," he said.

      In an apparent dig at Anant Ambani's wedding, Gandhi said billionaires spend thousands of crores on the weddings of their children, but when "you want to get your children married, you have to take a loan".

      The more progress Adani and Ambani make and the money gets concentrated in the hands of billionaires, the less employment common people will have, he said.

      Gandhi claimed that demonetisation and the Goods and Services tax (GST) were "tools to finish off the poor".

      "They are not schemes but weapons. The GST is given by poor people. Lakhs of crores of rupees are being fleeced from your pockets. Loans of billionaires worth about Rs 16 lakh crore were waived. It was your money. I want to ask, which farmers', labourers' and students' loans were waived," he said.

      Due to the flawed GST and demonetisation, small and medium businesses have been destroyed, he claimed.

      "Without jobs, certification means nothing. Even IIT and IIM students are not getting employment," Gandhi said.

      He stressed the need to ascertain how much of the country's resources are with Dalits, Adivasis, tribals and minorities.

      He pointed out that one would not find Dalits, tribals and backwards among the owners of the 500 biggest companies in India.

      He also highlighted that there is hardly any participation of Dalits, backwards and tribals in deciding the allocation of funds in the budget as there is sparse representation of these communities among the Union secretaries.

      "Neither you have a share in the bureaucracy, in deciding the budget nor in running universities and hospitals nor in any other sector. The BJP just wants you to do two things -- either do labour work or if you raise your voice, go to jail. This is their vision for the 21st century," Gandhi said.

      "That is why I told Modiji that 'you will never do it, but wherever our government comes, be it in Madhya Pradesh or in Delhi, we will get a caste survey conducted'," he added.

      "In some time, we will disclose the share of Dalits, backwards and tribals in Telangana. We have started the work in Telangana and Karnataka. This will be a revolutionary step as people will get to know about their rightful share. We will get a caste census conducted across the country," he asserted.

      "Narendra Modiji is afraid. He does not want to get it done. They (BJP) will never implement it. Modiji says he is an OBC, but still the backwards do not know their strength. It is an injustice and that is why we will carry out a caste census," Gandhi said.

      He also asserted that the Congress will get the 50-per cent cap on reservation removed by getting a bill to this effect passed in the Lok Sabha and the Rajya Sabha.

      The former Congress chief urged the party workers to protect the Constitution. PTI ASK SKC RC

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