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    Rupee settles with 5 paise gain at 95.17 against US dollar
    India weathered Hormuz disruption without fuel shortages: Puri
    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
    India successfully concludes the 16th BRICS Trade Ministers' Meeting in Jaipur under its BRICS Chairship 2026
    GeM Completes a Decade of Transforming Public Procurement with Cumulative GMV Exceeding ₹20 Lakh Crore
    NEWS HIGHLIGHTS
    India's forex kitty swells by USD 10.5 bn to USD 692.87 bn
    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
    No commitments relating to ethanol import from US for fuel blending under FTA talks: Govt
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    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
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    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
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    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
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    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
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    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.
    August 7, 2026
    Show AI Summary
    Direct Benefit Transfer for welfare pensions replaces doorstep cooperative-bank delivery, while home delivery remains for bedridden beneficiaries.
    Direct Benefit Transfer of social security and welfare pensions is to be made mandatory through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep distribution. Home delivery continues for completely bedridden beneficiaries and others who cannot be excluded. The change addresses delays in remitting undistributed amounts, record-update and reconciliation deficiencies, duplicate payments linked to incomplete Aadhaar-based payments, delivery incentive costs, and the need to comply with Direct Benefit Transfer norms to avoid loss of central financial assistance.
    August 7, 2026
    Show AI Summary
    Customs trade data show moderating July growth while high-technology exports, vehicles and advanced manufacturing supplies remain strongly supported.
    Customs and trade data showed that China's July export and import growth moderated and its trade surplus narrowed from the preceding month. Typhoon-related port disruptions affected trade flows, but demand for electronics and green technology products supported elevated values. High-technology items, vehicles, electronics and machinery recorded strong January-July export growth, while trade performance varied among the United States, the European Union and Southeast Asia.
    August 7, 2026
    Show AI Summary
    BRICS industrial cooperation advances MSME, photovoltaic, startup and logistics frameworks alongside resilient trade and digital services collaboration.
    BRICS industrial cooperation under PartNIR was strengthened through a Joint Declaration and institutional measures addressing MSMEs, photovoltaics, startup-led innovation, and resilient transport and logistics. The measures include an SME cooperation framework, Terms of Reference and an Action Plan for photovoltaic industry cooperation, and a startup innovation action plan. Trade discussions focused on the multilateral trading system, MSME participation in international trade, resilient global value chains, and cross-border digitally delivered services within a rules-based trading framework.
    August 7, 2026
    Show AI Summary
    Certified organic export promotion: BIOFACH INDIA facilitates buyer-seller engagement, certification awareness, traceability discussions and international market access.
    BIOFACH INDIA 2026 promotes certified organic exports by providing a platform for Indian organic enterprises to showcase diverse certified products and engage with overseas buyers through structured Buyer-Seller Meets. Technical sessions address organic certification, traceability, sustainability, quality standards, international regulatory requirements and export-market expectations. The initiative supports quality assurance, international market access, export linkages and sustainable agricultural practices across the organic value chain.
    August 6, 2026
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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.

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      Top 5 Best Astrologers in Pune: Acharya Indravarman and & Global Famous astrologers

      February 3, 2025

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      Pune, a city known for its rich cultural heritage and educational excellence, has also become a hub for astrological guidance and spiritual wisdom. As individuals seek clarity in various aspects of life—career, relationships, health, and finances—the role of renowned astrologers has gained immense importance. Many people in Pune turn to astrology to navigate challenges, understand their destiny, and find solutions for personal and professional growth.

      Among the top astrologers in Pune, Best astrologer in Pune Acharya Indravarman stands out for his exceptional accuracy, deep spiritual knowledge, and modern approach to Vedic astrology. His insights have guided countless individuals toward success and inner peace. Let’s explore the top five astrologers in Pune, with a special emphasis on Acharya Indravarman.

      1. Acharya Indravarman – Most Famous Vedic Astrologer Blending Ancient Knowledge with Modern Insights Best astrologer in India Acharya Indravarman is a distinguished name in Pune’s astrology community, renowned for his precise horoscope readings and transformative remedies. With extensive expertise in Vedic astrology, numerology, and spiritual sciences, he has earned a reputation as a trusted guide for individuals seeking clarity in life. His approach is a perfect balance of traditional wisdom and practical modern solutions, making his advice highly effective.

      Core Specialties: • Career and business astrology • Love and marriage compatibility • Vastu consultations for homes and commercial spaces • Horoscope reading and planetary analysis • Numerology and name corrections • Remedial astrology for overcoming life’s challenges • Talent in Vedic Astrology Why Choose Acharya Indravarman? Acharya Indravarman is well-known for his ability to interpret even the most intricate astrological charts with precision. His customized astrological remedies have helped thousands of individuals find clarity, success, and inner peace. His clientele includes business professionals, entrepreneurs, students, and families, all of whom trust his practical and result-oriented solutions.

      Deep Expertise in Vedic Astrology Best Online astrologer in India Acharya Indravarman’s deep-rooted knowledge in Vedic astrology enables him to provide highly accurate predictions and meaningful guidance. His mastery over planetary movements, transits, and cosmic alignments allows him to offer personalized solutions that help individuals overcome hurdles and align with their true-life path.

      A Legacy of Traditional Astrological Wisdom Hailing from a lineage of esteemed astrologers, Acharya Indravarman combines centuries-old traditions with contemporary applications. His ability to decode ancient astrological texts and apply them to modern challenges makes his consultations highly relevant and effective for people in today’s world.

      Accurate and Life-Changing Horoscope Predictions One of the reasons Acharya Indravarman is highly sought after is his incredible accuracy in horoscope predictions. His detailed analysis of planetary influences, dashas (periodic cycles), and astrological Yogas enables him to foresee major life events and guide individuals toward success and stability. His clients trust him for insights into career growth, financial prosperity, marriage compatibility, and health-related concerns.

      Remedial Astrology for Overcoming Obstacles Acharya Indravarman’s expertise in remedial astrology goes beyond predictions—he provides effective solutions to counteract negative planetary influences. His remedies include: • Gemstone recommendations for energy balance • Mantras and prayers for spiritual alignment • Pujas and rituals to ward off negative forces • Lifestyle changes and guidance based on astrological principles His remedies are practical, personalized, and designed to bring positive transformation in an individual’s life.

      Expertise in Tantra and Spiritual Remedies Best tantrik in India Acharya Indravarman is also an expert in Tantric astrology, which deals with spiritual energy, karma cleansing, and the removal of negative influences. His Tantra-based solutions help individuals who face obstacles due to spiritual imbalances, energy blockages, or past-life karmic issues. Many people in Pune seek his guidance for protection, prosperity, and mental peace. He follows Hindu Schools Shakta Tantra and Kaula Tantra Convenient Online Consultations for Clients Across Pune To make astrological guidance more accessible, Acharya Indravarman offers online consultations. Through audio calls, phone consultations, and online reports, he ensures that his clients can receive his expert advice from anywhere in Pune and beyond. His strong online presence has made him a go-to astrologer for professionals, students, and homemakers who seek clarity and direction in life.

      Affordable Fees with High-Quality Guidance Despite his widespread recognition and extensive expertise, Best astrologer in Bangalore Acharya Indravarman offers affordable consultation fees. He strongly believes that everyone should have access to genuine astrological guidance, regardless of their financial background. His fair and transparent pricing ensures that people from all walks of life can benefit from his wisdom. His consultation fee is 5000 Indian Rupees 2. Dr. Sohini Sastri – A Highly Acclaimed Astrologer Dr. Sohini Sastri is a celebrated astrologer known for her remarkable predictions and expertise in Vedic astrology, palmistry, and numerology. Her insights have guided individuals from all walks of life, including celebrities, politicians, and business professionals.

      Specialities: • Career and financial astrology • Relationship and marriage predictions • Spiritual healing and Vastu remedies • Accurate Horoscope Predictions • Talent in Vedic astrology 3. Dr. Sundeep Kochar – A Globally Recognized Astrologer Dr. Sundeep Kochar has gained international recognition for his ability to combine astrology with life coaching and strategic planning. His clients include high-profile business leaders, politicians, and global influencers who rely on his guidance for major life decisions.

      Specialities: • Business and financial astrology • Relationship compatibility analysis • Health and well-being through astrology • Accurate Horoscope Predictions • Talent in Vedic Astrology 4. Dr. Vinay Bajrangi – Charismatic Astrologer Dr. Vinay Bajrangi is an expert in karma correction and destiny alignment, offering guidance on how past-life actions influence present circumstances. His methodical approach to Vedic astrology makes him a trusted name for individuals looking to understand their spiritual journey and life purpose.

      Specialities: • Past-life astrology and karma correction • Career and business astrology • Marriage horoscope matching • Accurate Horoscope Predictions • Talent in Vedic astrology 5. Pawan Kaushik – Visionary Astrologer Pawan Kaushik is an expert in Vastu Shastra and gemstone recommendations, helping individuals and businesses achieve prosperity and success through astrological remedies. His corporate astrology consultations have benefited entrepreneurs and professionals in making informed business decisions.

      Specialities: • Vastu consultation for homes and offices • Gemstone recommendations for success • Career and financial astrology • Accurate Horoscope Predictions • Talent in Vedic Astrology Final Thoughts: Selecting the Best Astrologer in Pune Astrology has long been a guiding force for individuals seeking clarity, success, and personal growth. Whether you need career advice, relationship guidance, or financial stability, consulting an experienced astrologer can help you make informed decisions and navigate life’s challenges.

      Among the leading astrologers in Pune, Acharya Indravarman stands out for his accurate horoscope readings, effective remedies, and deep spiritual knowledge. His ability to blend ancient astrological principles with modern solutions makes him a trusted guide for people across Pune.

      If you’re looking for astrological guidance tailored to your life’s unique journey, Acharya Indravarman and the other esteemed astrologers on this list are among the best choices.

      (Note: The order of names does not indicate ranking.) (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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