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    Trump used to slam China. Here's why he's now rolling out the red carpet for Xi
    RBI orders removal of Maharashtra minister Babasaheb Patil, 7 others as directors of Latur DCC Bank
    LPG subsidy: Aadhaar biometric authentication mandatory for subsidised refills from Oct 1
    RBI orders removal of Maharashtra minister Babasaheb Patil, 7 others as directors of Latur DCC Bank
    US tariffs on Indian goods: A Chronology
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September 20, 2026
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Tariff policy and trade truce reshape bilateral engagement as rare-earth leverage limits coercive economic measures.
United States-China trade relations are being conducted through continued tariff policy, prior export restrictions, and a trade truce after escalating tariffs did not achieve their intended effect of changing Chinese economic conduct. China's concentrated supply of rare-earth inputs used in electronics provided negotiating leverage and contributed to the trade armistice. Indications that Chinese goods are routed through third countries to lessen tariff exposure qualify the decline in the bilateral goods imbalance. Continued tariffs have not constrained China's manufacturing expansion or its access to export markets.
September 20, 2026
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Ten-year director tenure cap governs removal of ineligible cooperative bank board members after regulatory review.
RBI required Latur District Central Cooperative Bank to remove directors considered ineligible for exceeding the ten-year maximum tenure applicable to district central cooperative bank directors. The action invoked director ineligibility under the Banking Regulation Act. Following a complaint and a court-directed timeline for regulatory action, RBI sought responses from the concerned directors, seven of whom resigned. An issue was raised over whether the tenure cap could apply retrospectively to appointments made before its stated commencement and whether it was being applied uniformly.
September 19, 2026
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Biometric Aadhaar authentication becomes essential for domestic LPG consumers seeking regulated subsidised refill bookings, while market-price supply remains available.
Biometric Aadhaar authentication is required from October 1 for domestic LPG consumers to book subsidised refills at the regulated retail selling price. Authentication can be completed through delivery personnel, distributor showrooms or designated mobile applications. Consumers unwilling or unable to authenticate may obtain LPG at the applicable market price without subsidy after registering their choice through specified digital channels. The framework distinguishes subsidised LPG linked to Aadhaar-authenticated consumers from market-priced LPG and seeks targeted subsidy delivery, reduced leakage, and prevention of diversion, duplicate connections and ineligible access.
September 19, 2026
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Cooperative bank director tenure limits require disqualification and removal when service exceeds the statutory maximum period.
Directors of District Central Cooperative Banks and Central Cooperative Banks are subject to a maximum 10-year tenure under the Banking Regulation Act, 1949, as amended by the Banking Laws (Amendment) Act, 2025. RBI directed removal of a director ineligible to continue under section 10A(2A)(i), read with section 56, following concerns that directors of Latur District Central Cooperative Bank had exceeded the permitted tenure.
September 19, 2026
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Tariff treatment of Indian exports shifted from reciprocal duties to targeted trade measures, sectoral duties, and specified exemptions.
Upon expiry of the temporary global measure, an India-targeted 10 per cent Section 301 tariff, linked to forced-labour concerns, replaced it; the effective charge for most covered exports remained MFN duty plus 10 per cent. The current regime applies the Section 301 tariff to Indian exports except specified goods, with separate sectoral duties on steel, aluminium and auto components. Smartphones, medicines and energy products are exempt.
September 19, 2026
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PMLA-based FIR request over alleged consultancy payments remains under legal examination amid criticism of non-registration.
Enforcement Directorate sought registration of an FIR concerning alleged fraudulent payments by Cochin Minerals and Rutile Ltd to Exalogic Solutions, represented as IT consultancy fees. The request relied on evidence gathered through investigation and searches under the Prevention of Money Laundering Act. Registration remained under consideration after receipt of the Advocate General's legal opinion, with the Home Department examining the matter.
September 19, 2026
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Free trade agreements expand market access, entrepreneurial partnerships and youth career opportunities alongside public-sector recruitment and development participation.
Free Trade Agreements are presented as mechanisms for expanding cross-border partnerships, market access for entrepreneurs, and career opportunities for young persons. Youth employment is also linked to the expansion of the startup ecosystem beyond major cities and to public-sector recruitment through Rozgar Melas. Newly selected candidates are to join central government ministries, departments and organisations. Public service is framed around citizen-centred administration and decisions supporting a developed and self-reliant India.
September 19, 2026
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AI governance for regulated financial services enables natural-language automation while preserving enterprise security, auditability, control, and scalable deployment.
Assist-Edge enables teams to describe intended processes in natural language and use AI to create, modify, and enhance executable workflows. Working with reusable AI agents and workflows, it supports discovery, customisation, deployment, and scaling of enterprise automation. For banking, financial services, and insurance operations, its use is positioned alongside security, governance, auditability, and control, supporting governed adoption of scalable AI capabilities and movement from isolated experimentation to enterprise-wide intelligent automation.
September 19, 2026
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Recurring token reward distributions connect eligible holdings, platform activity, and partner participation through hourly settlement cycles.
BC Engine permits eligible $BC holdings to participate in hourly settlement rounds distributing BCD rewards. Participants can monitor active balances, cumulative rewards, unclaimed BCD, and settlement history through the Engine interface. Settlement amounts vary with ecosystem activity, while the mechanism links platform activity, token utility, user participation, and commercial partners through repeated value distribution rather than one-time promotional incentives.
September 19, 2026
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Asset monetisation of surplus public land and buildings is accelerated through transparent, value-oriented processes and stakeholder coordination.
NLMC's Board recommended monetisation proposals involving surplus land and building assets valued at over Rs. 5,000 crore. Monetisation is facilitated through asset identification, due diligence, valuation and appropriate process structuring, with emphasis on transparency, efficiency and value realisation. Sustained coordination with asset-owning entities is intended to expedite implementation and support timely, commercially appropriate monetisation of underutilised public assets.
September 19, 2026
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Zero forex markup on credit cards applies automatically to international transactions without conditions while preserving applicable rewards.
Zero Forex Markup applies automatically to international transactions made through all existing and new credit cards, without a new-card application, upgrade, spending threshold or other stated condition. International card spends do not attract forex markup charges. Reward Points or Cashback, where applicable to the relevant card, continue on international transactions. Existing credit cards may be used for overseas and cross-border payments without requiring a separate forex card solely to avoid such charges.
September 18, 2026
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Foreign exchange reserve valuation reflects currency movements as foreign currency assets and gold holdings decline.
India's foreign exchange reserves declined to USD 780.782 billion for the week ended September 11, driven by reductions in foreign currency assets and gold holdings. Foreign currency assets fell to USD 645.796 billion, with their dollar value reflecting movements in reserve currencies against the US dollar. Gold reserves also declined, while Special Drawing Rights increased to USD 18.845 billion. The reserve position with the IMF stood at USD 4.916 billion.
September 18, 2026
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Bulk sugar stockholding limits now allow expanded inventories only where additional supplies derive from designated import channels.
Bulk sugar consumers using more than 10 tonnes monthly as a raw material may hold up to 30 days' requirement instead of 15 days. Holdings above 15 days must consist exclusively of sugar imported under the Tariff Rate Quota or Advance Authorisation Scheme; sugar obtained from the open market remains restricted to 15 days' consumption. Bulk consumers must declare and disclose their sugar inventories every Friday through the food ministry's online portal.
September 18, 2026
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Trade facilitation and digitalisation support regional economic cooperation through simpler customs procedures, paperless exchange, resilient supply chains, and MSME access.
Priority measures included expanded intra-SCO trade, lower trade costs, resilient and diversified supply chains, trusted multimodal connectivity, greater market access, simplified customs processes, paperless trade and electronic document exchange. Digital and cross-border payments and accessible trade finance were identified to enable MSMEs and start-ups to participate in trade and value chains. Ministers agreed an Action Plan for 2026-2030 for further approval and approved regulations for a special working group on creative-economy development.
September 18, 2026
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Customs cooperation and trade facilitation advance electronic origin verification, pre-arrival information exchange, and safeguards against preferential trade misuse.
Customs cooperation and trade facilitation measures included pre-arrival information exchange, electronic verification of Certificates of Origin, and Customs automation and digitalisation. These measures are directed at facilitating legitimate trade while ensuring compliance with applicable rules and preventing misuse of preferential trade arrangements. Rail and road connectivity, freight movement, Integrated Check Posts and land-port infrastructure were reviewed to improve infrastructure utilisation and address operational bottlenecks affecting bilateral and transit trade.
September 18, 2026
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Preferential equity issuance approved to strengthen capital, support digital lending expansion, and fund subsidiary operations subject to required approvals.
OnEMI Technology Solutions Limited has approved a preferential issue of equity shares to identified investors, subject to shareholder and requisite regulatory and statutory approvals. The issuance is proposed under the Companies Act, 2013, the SEBI capital-issue and disclosure framework, other applicable SEBI regulations, and applicable law. Seventy-five per cent of the additional capital raised is proposed for infusion into its wholly owned subsidiary to support lending, technology, digital capabilities and product expansion, while the remaining twenty-five per cent is proposed for general corporate purposes.
September 18, 2026
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Fraudulent input tax credit claims through bogus invoices prompted arrest over alleged invoicing without actual supply of goods.
Alleged fraudulent availment, utilisation and passing on of inadmissible input tax credit involved invoices from purported suppliers found to be non-existent, non-functional, suspended or cancelled. Input tax credit was allegedly claimed without actual receipt of goods and passed on through invoices unsupported by corresponding supplies. Following investigation and recorded statements, the proprietor of an iron and steel trading firm was arrested under statutory arrest powers, while further investigation remains in progress.
September 18, 2026
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Direct tax collections: stronger advance tax payments support growth in corporate, non-corporate, and securities transaction tax receipts.
Direct tax collections grew through September 17, supported principally by increased advance tax payments from corporate and non-corporate taxpayers. Gross collections exceeded Rs 14.32 lakh crore, while net collections, after refunds, exceeded Rs 12.12 lakh crore. Corporate tax collections grew more strongly than non-corporate tax collections, and Securities Transactions Tax receipts recorded significant growth. The trend indicated broad-based tax buoyancy, supported by underlying economic activity, taxpayer confidence and business performance.
September 18, 2026
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Reusable consent-based KYC enables integrated onboarding, reporting, record updates and periodic re-verification for regulated financial institutions.
Central KYC-based onboarding enables regulated financial institutions to reuse a customer's existing verified identity record through the Central KYC Registry with customer consent. The integrated solution supports onboarding, KYC reporting, unsolicited notifications and re-KYC. It retrieves consented KYC records through CKYC APIs, uses facial matching or video-based customer identification for authentication, and applies AI-based duplicate detection. Reporting automates validation, image correction and real-time registry submission, while record updates and simplified periodic re-verification support the currency of institutional KYC information.
September 18, 2026
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Benchmark interest rate normalisation raises borrowing costs while monetary policy monitors inflation, wage growth, currency risks, and economic recovery.
The Bank of Japan increased the uncollateralised overnight call rate from 1.0 per cent to 1.25 per cent, advancing monetary-policy normalisation after a prolonged period of near-zero or negative rates. The increase was assessed against gradual economic recovery, inflation near its target, wage growth, currency fluctuations, elevated crude oil prices, and external risks. Further tightening remains contingent on stable price increases, wage developments, and monitoring of other risks.

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Top 10 Influential Leaders Shaping India's Future Unveiled by Kiteskraft Productions LLP

February 11, 2025

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CHANDIGARH, India, Feb. 11, 2025 /PRNewswire/ -- A big shoutout to Kiteskraft Productions LLP for their incredible initiative in recognizing the Top 10 Influential Leaders Shaping India's Future. This recognition not only honors visionary leaders making a significant impact but also inspires many to strive for excellence. Their dedication to celebrating leadership and innovation is truly commendable — keep up the great work in bringing influential stories to the forefront.

Mr. Satish Kumar: Mr. Satish Kumar, CEO of Relcko Labs Pvt Ltd, is a visionary entrepreneur revolutionizing real estate through blockchain technology. Recognizing the inefficiencies of traditional property investment, he founded Relcko Labs to bring transparency, security, and accessibility to the sector. His company leverages blockchain for fractional ownership, allowing investors to participate in high-value projects with minimal capital.

Under his leadership, Relcko Labs has formed strategic alliances with investors, government bodies, and developers, redefining global real estate markets. With smart contracts ensuring accountability and efficiency, Mr. Kumar is committed to democratizing property investment. His innovative approach continues to disrupt the industry, making real estate more inclusive, secure, and technologically advanced.

B. N. Mishra: B. N. Mishra, Founder of SOLVISER, is a pioneering entrepreneur with over 25 years of expertise in finance, operations, production, and international trade. Starting in the timber industry, he became a trusted supplier of high-quality teak and pine wood. Witnessing the challenges MSMEs face—delayed payments, fraud, and market instability—he established SOLVISER to empower small businesses.

By integrating AI-driven risk assessment, fraud prevention, and real-time market insights, SOLVISER fosters a resilient MSME ecosystem. Recognized by DPIIT, it aligns with India's $5 trillion economy vision. Mishra's leadership and innovative strategies are driving economic transformation, making him a key force in MSME growth and sustainability. His journey continues to inspire entrepreneurs nationwide.

Dr. Arvind Kumar Mishra: Dr. Arvind Kumar Mishra, Principal of Army Children's Academy Sr. Sec. School, is a distinguished educator with an MSci in Chemistry, an M.Ed, and three decades of academic excellence. His unwavering dedication to shaping young minds and fostering future leaders has made a lasting impact on the education sector.

Committed to holistic development, he integrates knowledge, skills, and values into education, ensuring students thrive academically and personally. He embraces innovative teaching methodologies that promote inclusivity and individual potential. Under his leadership, the school has achieved academic distinction, earning him numerous accolades.

His journey reflects the transformative power of education and the profound influence of dedicated educators in shaping responsible, compassionate leaders for the future.

Dr. Sai Pavan Kumar BVDS: Dr. Sai Pavan Kumar, is a distinguished author and thought leader whose literary works have captivated readers with their depth, emotion, and philosophical insight. His storytelling, infused with profound life reflections, has established him as one of India's most inspiring literary figures.

Beyond writing, he is deeply committed to philanthropy, promoting education, literature, and creative expression. Through scholarships, book donations, and mentorship programs, he empowers aspiring writers and underprivileged communities. A passionate advocate for knowledge, he actively engages in literary initiatives and intellectual discussions.

His journey highlights the transformative power of words, making him a beacon of inspiration in literature and social impact. Dr. Kumar's dedication continues to enrich India's cultural and intellectual landscape.

Mr. Ram Anuj Verma: Mr. Ram Anuj Verma, Founder & CEO of RAVC Solutions Pvt Ltd, is a visionary entrepreneur dedicated to advancing sustainable energy solutions. An Electrical Engineer from Rajasthan Technical University, he began his career with the Adani Group, specializing in Solar EPC projects. Committed to 'Energy-centric Empowerment,' he established RAVC to foster entrepreneurship and transform youth from job seekers to job creators. Under his leadership, RAVC has emerged as a leading Solar EPC and Rooftop Solar firm, partnering with NTPC, NHPC, and Adani Group. With a strategic vision for growth, he aims to expand into Independent Power Production, Energy Storage, and Bio-CNG, driving innovation and sustainability in the renewable energy sector.

Rajiv P. Bhatia: Corporate Leader, Poet, and Philanthropist.

Rajiv P. Bhatia is a distinguished corporate leader with over 35 years of experience at Accenture, TCS, and Deutsche Bank. As President and Country Head at Analytix Solutions, he has driven over 300% growth in six years, earning multiple industry accolades, including IAOP Global 100 recognition and GPTW certification.

Beyond his corporate success, Rajiv is a celebrated poet. His books, 'Whispers of My Soul' and 'The Eternal Nomad', have captivated readers, with the latter winning the Golden Book Award 2025. Proceeds support handicapped children, showcasing his deep social commitment. An avid tennis player, Rajiv embodies perseverance, creativity, and leadership, proving that passion and excellence can coexist in every aspect of life Dr. Pooja Prakash: Dr. Pooja Prakash, is a renowned career strategist and leadership coach with over 15 years of experience in talent transformation and AI-driven career development. Specializing in leadership coaching and workforce optimization, she has guided professionals toward securing leadership roles in top global organizations. Beginning her career in academia, Dr. Prakash earned a Ph.D. in Human Resources Management and mentored students and faculty before transitioning into corporate coaching. Her expertise in integrating AI into career coaching has revolutionized professional growth, helping individuals navigate leadership transitions and secure promotions. A strong advocate for diversity and inclusion, she also champions workplace equity. As a published author and thought leader, Dr. Prakash continues to shape the future of leadership development.

Sunny Singh: ELSA Concreting Machinery: Innovating India's Infrastructure.

Under the leadership of Sunny Singh, ELSA Concreting Machinery, has become a leading force in India's infrastructure sector. Leveraging the Singh Group's engineering expertise, the company blends Indian innovation with advanced European technology to deliver high-quality construction equipment.

Sunny Singh's customer-centric approach has driven ELSA's growth by developing customized machinery that enhances efficiency and productivity. Integrating cutting-edge solutions, he ensures ELSA's equipment remains reliable, cost-effective, and performance-driven. Committed to sustainability, he actively promotes eco-friendly construction practices to minimize environmental impact.

With a strong focus on innovation, operational excellence, and customer satisfaction, Sunny Singh continues to shape India's construction landscape, solidifying ELSA's reputation as an industry leader in infrastructural growth and technological advancement.

Mihir Jhaveri: Mihir Jhaveri, Chief Revenue Officer at Ace Infoway Pvt. Ltd., is a seasoned strategist with over 20 years of corporate expertise. He plays a pivotal role in scaling software services, digital products, and market expansion. Focused on innovation, he leads global sales, marketing, and Centers of Excellence in AI, analytics, cloud solutions, and cybersecurity.

As Product Owner for Smart Production Planning & Control, he optimizes engineering and manufacturing operations. Recognized as the Highly Acclaimed Innovation Leader in Business Strategy 2024 by Business Connect, Mihir's vision and leadership continue to drive transformative growth. His expertise in technology and business strategy cements Ace Infoway's position as an industry leader in the evolving digital landscape.

Dr. Ambrish Vijayakar: Dr. Ambrish Vijayakar, a distinguished homeopath, has dedicated his career to advancing predictive homeopathy. Born on December 21, 1980, he completed his BHMS from Virar Homoeopathic Medical College in 2004 and earned his M.D. from Kshirsagar Homoeopathic Medical College, in 2009. With over 18 years of experience, he serves as MD and Academic Director of Predictive Homeopathy.

Renowned for his breakthrough research in mental disorders, pediatric cases, asthma, and psoriasis, Dr. Ambrish has conducted seminars worldwide, from India to the UK, Germany, and Brazil. He leads medical camps for autism, cerebral palsy, and genetic disorders, earning recognition. His unwavering commitment continues to transform lives through homeopathic healing and education.

About Kiteskraft Productions LLP: Founded in March 2019 by Mr. Rahul Nair and Mr. Geo Bobby, Kiteskraft Productions LLP has rapidly gained prominence as a leading organizer of national and international conferences and award ceremonies across various sectors, including healthcare, NGOs, manufacturing, business, entertainment, and education.

At the heart of Kiteskraft's mission lies the recognition of diligent individuals who have made outstanding contributions to their respective fields. In the realm of education and business, Kiteskraft Productions LLP shines a spotlight on those who have gone above and beyond in imparting knowledge and fostering growth in society. By blending expertise with outcome-based learning strategies, they have played a pivotal role in shaping the future of countless individuals.

Certified by ISO and MSME and registered under the Ministry of Corporate Affairs, Kiteskraft Productions LLP upholds rigorous standards of quality and professionalism. Furthermore, the company has earned recognition from the Scholar's Book of World Records, a testament to its remarkable achievements in event organization.

Looking ahead, Kiteskraft Productions LLP remains committed to celebrating excellence, fostering innovation, and driving positive change. Through impactful events and initiatives, the company aims to inspire individuals, empower communities, and shape a brighter future for generations to come.

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

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