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    Government's Financial Inclusion Mission Continues to Foster Economic Empowerment Through Universal Banking, Social Security and Credit Access
    Tribunal absolves Lalit Modi of FEMA violation in 2009 South Africa IPL event
    NABARD sanctions Rs 15,056 cr for 6,175 rural infrastructure projects in Haryana
    SUPREME COURT HIGHLIGHTS
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    Rationalisation of Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 – Draft Rules for Comments
    CARD91 offers its comprehensive PPI Suite to Indian Overseas Bank with RuPay NCMC Capability
    Government Expands FTAs, Export Promotion Measures to Diversify Export Markets
    PLI Schemes Attract Over ₹2.40 Lakh Crore Investment, Generate More Than 14.15 Lakh Jobs
    SC issues notice on Venugopal Dhoot's plea against order upholding separate insolvency for VIL, VOVL
    Russian Technology Leaders Visit AVPL Drone City to Foster Industrial Collaboration
    India’s 8th Trade Policy Review at WTO Scheduled on 21 and 23 July 2026
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    FIRST PRESS RELEASE OF INDEX OF CORE INDUSTRIES OF NEW SERIES WITH BASE YEAR 2022-23
    Central Bureau of Narcotics (CBN) India thwarts illegal trafficking of 12 crore Tramadol Hydrochloride, a.k.a. “fighter drug” tablets under “Ope...
    Trump imposes 50 per cent tariffs on Canadian goods, citing disputes over autos, alcohol and cheese
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    July 22, 2026
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    Financial inclusion expands universal banking, social insurance, pensions and collateral-free credit for underserved households and entrepreneurs.
    Financial inclusion is pursued through universal banking under Pradhan Mantri Jan Dhan Yojana, social-security coverage through life, accident and pension schemes, and credit access for underserved borrowers. Pradhan Mantri Mudra Yojana provides collateral-free institutional finance to micro and small business units for income-generating activities. The Stand-Up India Scheme supports Scheduled Caste, Scheduled Tribe and women entrepreneurs through loans for greenfield projects in manufacturing, trading, services and agriculture-allied activities.
    July 21, 2026
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    Foreign exchange contravention liability requires evidence that the person was responsible for the overseas transfer in question.
    Foreign exchange transfer for the 2009 South Africa cricket tournament was examined under the Foreign Exchange Management Act after funds were moved to an overseas entity without prior Reserve Bank approval. The appellate tribunal set aside the penalty imposed on Lalit Modi, finding no material establishing that he was in charge of the relevant affairs or personally responsible for the alleged contravention. Liability for a foreign-exchange contravention must rest on evidence connecting the person proceeded against with responsibility for the impugned transaction.
    July 21, 2026
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    Rural infrastructure financing under RIDF supports irrigation, roads, water supply, cooperative digitisation, producer organisations and climate-resilient livelihoods.
    Rural Infrastructure Development Fund financing supports rural infrastructure in Haryana, including irrigation, roads and drinking-water assets. Rural cooperative strengthening includes digitisation and financial viability of Primary Agricultural Credit Societies, alongside promotion and financial support for Farmer Producer Organisations. Climate-resilient measures include watershed development, groundwater management, micro-irrigation, direct seeding of rice and vegetable clusters, supplemented by livelihood training for rural women and agricultural lending and project-appraisal support.
    July 21, 2026
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    Supreme Court proceedings address juvenile adult trials, insolvency, electoral representation, environmental funds and foreign-exchange complaint requirements.
    Supreme Court proceedings covered election representation, criminal justice, insolvency and regulatory compliance. The Court considered challenges concerning political-party merger approval, separate insolvency proceedings for group entities, and espionage charges. It sought responses on an appeal mechanism for persons excluded from the National Register of Citizens and alleged non-utilisation of environmental relief funds. Criminal matters included medical assessment for interim bail, a fresh trial in a blast case, and the principle that a juvenile accused of murder may face adult trial where statutory conditions for a heinous offence are met.
    July 21, 2026
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    Digital lending safeguards require verified app associations, responsible recovery, data privacy, grievance redressal and reporting channels against illegal loan apps.
    Digital lending safeguards include a public directory enabling customers to verify a digital lending app's association with a regulated entity. The Digital Lending Directions, 2025 impose mandatory requirements on recovery practices, data privacy and customer grievance redressal for regulated entities, lending service providers and digital lending apps. Measures also include blocking illegal loan applications following due process, cybercrime reporting channels, complaint facilities for unlawful money collection, and public awareness programmes on fraud prevention and risk mitigation.
    July 21, 2026
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    Authorised Dealer Category-II remittances expand to specified trade and family-maintenance payments under the revised FEMA framework.
    FEMA framework revisions described as effective from May 2026 expand Authorised Dealer Category-II activities to include specified trade remittances and family-maintenance remittances, subject to the applicable RBI and FEMA framework. EbixCash World Money Limited states that its perpetual AD-II licence carries this expanded scope. The release describes a non-bank channel for MSME and SME cross-border payments, supported by Nostro-account settlement, remittance and travel-card services, and technology-enabled compliance measures including document verification, sanctions screening, fraud detection and transaction monitoring.
    July 21, 2026
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    Foreign investment regulation: Draft rules propose simpler, principle-based compliance and clearer separation of procedural requirements from investment policy.
    Draft Foreign Exchange Management (Foreign Investment) Rules, 2026 propose a simplified, principle-based foreign investment framework. The proposals rationalise provisions, harmonise definitions, and separate procedural foreign-exchange requirements from foreign direct investment policy and sector-specific conditions. They aim to streamline procedures, reduce compliance burdens, enhance operational flexibility, and apply investor-neutral and investee-neutral provisions while preserving regulatory safeguards. The draft Rules remain subject to public consultation before finalisation.
    July 21, 2026
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    Prepaid payment instrument programme adds mobility and gift card capabilities with digital servicing subject to applicable programme conditions.
    Prepaid payment instrument programme launched for Indian Overseas Bank through CARD91's technology stack, incorporating RuPay National Common Mobility Card and Gift Card capabilities. The programme was implemented following requisite approvals, testing and compliance validation. The RuPay NCMC facility supports prepaid, tap-based payments for metro, bus and parking transactions, subject to the bank's programme conditions and user eligibility. Digital card servicing may include balance enquiry, transaction history, reload or top-up functions, and customer support, subject to applicable programme terms.
    July 21, 2026
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    Free trade agreements and e-commerce export reforms expand preferential market access, address non-tariff barriers, and support small exporters.
    Export market diversification is advanced through trade agreements, export-promotion measures and capacity building. Free Trade Agreements seek preferential market access, increased trade and investment, and support for labour-intensive exports, while technical barriers to trade provisions and engagement mechanisms address standards, regulatory requirements and non-tariff barriers. Cross-border e-commerce exports are supported through trade-finance and compliance assistance, E-Commerce Export Hubs, District Export Hubs, simplified courier-export procedures, reverse-logistics facilitation, logistics planning, duty-and-tax remission, and MSME export facilitation.
    July 21, 2026
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    Production Linked Incentive Schemes strengthen domestic manufacturing through investment support, export growth, employment generation, monitoring and eligibility reforms.
    Production Linked Incentive Schemes for 14 sectors promote domestic manufacturing, investment, exports, employment and global competitiveness. Overall coordination and monitoring rests with the Department for Promotion of Industry and Internal Trade, while sector-specific implementation is undertaken by the relevant ministries and departments. Implementation is periodically reviewed, with scheme modifications, rationalised guidelines, relaxation of specified eligibility conditions, project monitoring, stakeholder consultation and inter-ministerial issue resolution used to improve uptake and strengthen domestic manufacturing ecosystems.
    July 21, 2026
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    Separate corporate insolvency processes remain contested over foreign asset treatment, specialised resolution needs, and creditors' commercial decision-making.
    Separate corporate insolvency resolution processes for VIL and VOVL are disputed following reversal of an earlier consolidation direction. Independent processes were preferred because the entities operate in distinct sectors and may require specialised resolution, while creditors' choice was treated as commercial wisdom not ordinarily open to tribunal interference. The dispute also concerns whether foreign oil and gas assets should be treated as VIL assets, against the background of VIL's conversion from co-obligor to corporate guarantor to ring-fence those assets from domestic business liabilities.
    July 21, 2026
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    Drone technology collaboration promotes joint manufacturing, technology transfer, rural entrepreneurship and global market access through an integrated industrial ecosystem.
    India-Russia industrial collaboration in drone technology is proposed through engagement on technology transfer, joint manufacturing, research collaboration, investment, exports and global market access. Drone City is presented as an integrated ecosystem covering manufacturing, research and development, testing, certification support, skill development, incubation, warehousing, startup acceleration and international technology partnerships. Its expansion and panchayat-level entrepreneurship programme are expected to create rural drone enterprises and employment in manufacturing, component production, quality control, maintenance, logistics and technical support.
    July 21, 2026
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    WTO trade policy review will assess India's trade measures, transparency framework, reforms, and responses to member questions.
    India's eighth Trade Policy Review under the World Trade Organization framework examines its trade policies and developments during the 2021-2025 review period. The process uses a Government Report and a Secretariat Report and provides a comprehensive peer examination of border and behind-the-border trade measures to promote transparency, predictability and understanding. The review addresses trade agreements, Goods and Services Tax rationalisation, digital trade-facilitation measures, and Member questions on digitisation, MSMEs, women's economic participation, Viksit Bharat and the Atmanirbhar Bharat Abhiyan.
    July 21, 2026
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    Fisheries subsidy disciplines promote sustainable marine resource use while excluding aquaculture and inland fisheries from their scope.
    The WTO Agreement on Fisheries Subsidies disciplines subsidies concerning marine wild-capture fishing and fishing-related activities at sea. It prohibits subsidies linked to illegal, unreported and unregulated fishing and fishing of overfished stocks, promoting conservation and sustainable use of marine resources. Aquaculture and inland fisheries remain outside its scope. India's fisheries management framework is identified as supporting implementation while preserving policy space and safeguarding the interests of traditional and small-scale fishers.
    July 21, 2026
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    Revised Index of Core Industries adopts a new base year, adds iron ore, and revises sector measurement methodology.
    The revised Index of Core Industries series adopts 2022-23 as its base year, replaces the former series and expands coverage to nine industries by including iron ore. Steel is measured using gross production data, while only raw coal is retained to avoid double counting. Weights are derived from the corresponding Index of Industrial Production series and normalised to 100. A geometric-mean linking methodology connects the former and revised series. June 2026 provisional estimates show overall year-on-year ICI growth, led principally by iron ore and electricity.
    July 21, 2026
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    Risk-based export controls exposed alleged pharmaceutical diversion, prompting NDPS enforcement against transnational illicit opioid trafficking networks.
    Risk-based export controls and intelligence-led enforcement under the NDPS Act, 1985 addressed an alleged attempt to divert an export consignment of high-strength Tramadol Hydrochloride tablets into illicit international channels. Enquiries with the International Narcotics Control Board and competent authorities indicated that the declared destination had been misrepresented. The action involved seizure of the consignment and arrests of persons alleged to be connected with the export arrangement and conspiracy. The operation emphasises risk-based profiling, export-control scrutiny, intelligence sharing, and international coordination against pharmaceutical diversion and transnational drug trafficking.
    July 21, 2026
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    Trade tariffs on Canadian goods target alleged discrimination against American automobiles, alcohol and dairy products under trade law.
    United States trade action imposes tariffs on most Canadian goods, citing alleged discriminatory treatment of American automobiles, alcoholic beverages and dairy products. The measures apply to goods previously protected under the United States-Mexico-Canada Agreement, subject to exclusions for energy products, potash, fish and critical minerals. The stated grounds include Canadian retaliatory tariffs, restrictions on American alcohol sales, treatment of dairy imports, and tariffs on certain United States motor vehicles outside preferential trade treatment.
    July 20, 2026
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    Foreign exchange market movement saw rupee depreciation amid geopolitical risk, higher crude prices, stronger dollar conditions and equity outflows.
    Foreign exchange market movement saw the rupee depreciate by 6 paise to close at 96.36 against the US dollar, amid global risk aversion, higher crude oil prices, escalating US-Iran tensions and rising US Treasury yields. Market commentary indicated that anticipated Reserve Bank of India intervention could limit further downside. The report also noted a stronger dollar index, domestic equity-market declines, foreign institutional equity outflows, and an increase in India's foreign exchange reserves.
    July 20, 2026
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    Concessional foreign-exchange swaps incentivise fresh FCNR(B) deposits and foreign borrowings to strengthen balance-of-payments liquidity.
    The concessional foreign-exchange swap facility incentivises fresh FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings to strengthen the balance of payments and support foreign-exchange liquidity. Its availability is time-limited, with FCNR(B) deposits eligible until September 2026 and OFCB and ECB inflows eligible until December 2026. Reported inflows were primarily mobilised through FCNR(B) deposits.
    July 20, 2026
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    Geographical indication recognition protects traditional product identity while supporting rural entrepreneurship, quality maintenance, digital access and artisan market opportunities.
    Geographical Indication recognition is being pursued for additional traditional products from Jharkhand to protect product identity and expand protected regional products. GI recognition supports cultural heritage, rural entrepreneurship and market access for artisans and primary producers. Post-registration measures emphasise product-quality maintenance and digital e-commerce access, alongside skill development, marketing initiatives, rural haats and support for non-farm sectors.

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      Consultation and Solution from Acharya Indravarman, The Best Astrologer in Bangalore and Karnataka

      February 12, 2025

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      Introduction: The Rise of Astrology in Bangalore and Karnataka In the heart of India’s tech capital, Bangalore, where modern advancements and traditional beliefs coexist, astrology has gained significant importance. Karnataka, a state known for its rich heritage and spiritual depth, has long upheld the practice of astrology as a guiding force in people’s lives. Among the many astrologers in this region, Acharya Indravarman stands as a beacon of wisdom, offering life-transforming consultations and accurate astrological solutions.

      With decades of experience in Vedic astrology, Shakta Tantra, and Kaula Tantra, Acharya Indravarman has successfully guided individuals through life’s toughest challenges, from career uncertainties and financial struggles to marriage problems and children’s discipline issues. Best astrologer in Karnataka Acharya Indravarman unique approach, which blends ancient knowledge with practical solutions, has made him the most sought-after astrologer in Bangalore and Karnataka.

      Acharya Indravarman’s Traditional Background and Legacy Born into a revered family of astrologers and spiritual practitioners, Premier astrologer in Bangalore Acharya Indravarman was introduced to the sacred sciences of astrology and tantra from an early age. His lineage traces back to renowned sages who dedicated their lives to preserving ancient Vedic knowledge. Under the guidance of his guru and family elders, he mastered the intricacies of astrology, mantras, and powerful tantra practices.

      With a strong foundation in Sanskrit scriptures, Acharya Indravarman has spent decades perfecting his expertise. His knowledge encompasses various branches of astrology, including Vedic astrology, Nadi astrology, Prashna Kundali, and Muhurta astrology, making him a comprehensive guide for those seeking divine insight. His strong spiritual upbringing and disciplined approach set him apart from other astrologers in the region.

      Why Acharya Indravarman is the Most Trusted Astrologer in Bangalore and Karnataka 1. Unparalleled Expertise in Vedic Astrology Best astrologer in Bangalore Acharya Indravarman is deeply rooted in Vedic astrology, an ancient Indian science that interprets planetary influences on human life. He meticulously analyses birth charts (kundali) to predict future events and provide guidance on overcoming obstacles. His precise horoscope readings have helped thousands find clarity in their personal and professional lives.

      2. Mastery in Shakta Tantra & Kaula Tantra Beyond traditional astrology, Best tantrik Acharya Indravarman is a rare expert in Shakta Tantra and Kaula Tantra, which offer powerful spiritual remedies for complex life problems. Tantra is often misunderstood, but in its purest form, it provides deep spiritual healing and protection against negative energies. His mastery in these ancient sciences allows him to offer solutions that go beyond generic astrological advice, helping people break free from negative karmic cycles. Shakta Tantra and Kaula tantra are 5000-Year-Old Hindu schools.

      3. Highly Accurate Predictions and Proven Remedies People turn to Acharya Indravarman because his predictions are not only accurate but also practical. His deep understanding of planetary movements and their impact enables him to provide customized remedies such as: Vedic rituals and mantras Pujas Gemstone recommendations Yantra and tantra-based solutions Spiritual healing practices Meditation techniques for mental peace and clarity These remedies have changed the lives of countless individuals across Karnataka, proving the effectiveness of his astrological wisdom.

      4. English Proficiency and Global Clientele One of the major reasons for Acharya Indravarman’s widespread popularity is his fluency in English, which allows him to cater to clients from diverse backgrounds. His ability to explain complex astrological concepts in simple, understandable terms has made him a favourite among NRIs, business leaders, and professionals worldwide. His consultations attract people from countries like the USA, UK, Canada, Australia, and the Middle East, making him a truly global astrologer.

      5. Affordable Consultation Fees Unlike many astrologers who charge exorbitant fees, foremost astrologer in Bangalore Acharya Indravarman believes in making astrology accessible to everyone. His consultation charges are reasonable, ensuring that people from all walks of life can benefit from his guidance without financial strain. Additionally, he offers customized consultation packages for long-term clients who seek continuous guidance. His consultation fee is 5000 Rupees.

      6. Online Consultation Services for Global Clients In today’s digital era, Best Online astrologer in Bangalore Acharya Indravarman offers online astrology consultations to clients across India and abroad. Through video calls, email reports, and telephonic sessions, individuals can seek his guidance from anywhere in the world. This has made him one of the most accessible and sought-after astrologers globally. His online consultations provide flexibility and convenience, ensuring that clients receive immediate solutions without having to travel long distances.

      Consultation and Spiritual Solution Services Offered by Acharya Indravarman in Bangalore and Karnataka 1. Marriage and Relationship Solutions Marital problems and relationship challenges are among the most common concerns people bring to Acharya Indravarman, The Famous astrologer in Bangalore . Issues such as delayed marriage, compatibility concerns, frequent disputes between spouses, and extramarital conflicts can be resolved through his astrological guidance. By analysing planetary positions in both partners’ horoscopes, he provides solutions to restore harmony and love.

      2. Career and Business Guidance Bangalore, being India’s IT hub, attracts professionals and entrepreneurs from across the country. However, many struggle with career stagnation, job instability, business losses, and financial downturns. Astrologer in Karnataka Acharya Indravarman’s expert consultations help individuals make the Best & right career moves, choose auspicious business ventures, and overcome financial hurdles with the help of astrology.

      3. Financial Stability and Wealth Growth Money-related concerns are universal, and many seek Acharya Indravarman’s advice for financial stability. Whether it’s investment decisions, overcoming debt, or ensuring steady income flow, his astrological insights help people achieve long-term prosperity. By analysing planetary alignments, he helps clients identify the best periods for financial growth and risk mitigation.

      4. Spiritual Healing and Meditation Guidance For those seeking spiritual enlightenment and inner peace, Acharya Indravarman offers personalized guidance on meditation, tantra practices, and Vedic rituals to help them attain higher consciousness. Many individuals struggling with stress and anxiety have found solace in his spiritual healing techniques.

      5. Health and Well-Being Predictions Health concerns are often linked to planetary positions. Acharya Indravarman helps individuals understand karmic influences on their health and suggests Vedic remedies to mitigate negative planetary effects. His guidance has helped many overcome chronic illnesses and maintain overall well-being.

      6. Property and Legal Disputes Many individuals in Karnataka face property disputes, legal battles, and land-related conflicts. Astrologer in Bangalore Acharya Indravarman provides Best astrological insights to resolve these issues and suggests the right time for property investments. He also helps clients with legal case resolutions using astrological methods and Spiritual solutions. His services are for the People who has belief in Religion and God.

      7. Children’s Education and Discipline Issues In today’s fast-paced digital era, many parents struggle with their children’s education and behavioural issues. Lack of focus, academic struggles, and discipline concerns have become major stressors for families. Acharya Indravarman provides astrological guidance to enhance children’s focus, improve academic performance, and ensure their holistic development through specific planetary remedies.

      Conclusion: Transform Your Life with Acharya Indravarman’s Guidance In a world full of uncertainties, Genuine astrologer in Bangalore Acharya Indravarman’s astrological wisdom serves as a guiding light for those in need. His expertise in Vedic astrology, Shakta Tantra, and Kaula Tantra has helped thousands across Bangalore and Karnataka find clarity, success, and happiness.

      Whether you are facing relationship issues, career roadblocks, financial struggles, or children’s discipline problems, Acharya Indravarman provides practical and effective solutions tailored to your specific needs. His consultations offer not just predictions but also life-changing remedies that ensure a brighter future.

      (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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