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    Assam Exports First International Consignment of Purabi Ice Cream to Bhutan
    Building Deep and Resilient Financial Markets for a Viksit Bharat - Keynote Address delivered by Shri Rohit Jain, Deputy Governor at the Financial Ins...
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    India's Toy Exports Soar 89.1%, Reflecting Strong Growth in Domestic Manufacturing
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    India's FTAs Deepen Global Market Access, Boost Export Diversification and Labour-Intensive Sectors.
    73 Sports Medal Winners of Chandigarh University get government jobs in 2025-26
    Centre orders sugar dealers to limit stocks to 30 days; stock limit at 4,000 quintals
    5 Credit Profile Checks That Can Improve Financial Health
    Gold Loan EMI or Bullet Repayment: Muthoot Finance Helps Choose Right in 2026
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    July 29, 2026
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    Processed dairy exports to Bhutan expand through compliance support, market access facilitation, and planned diversification of longer-shelf-life products.
    Processed dairy exports from Assam to Bhutan commenced with a Purabi Ice Cream consignment exported by North East Dairy and Foods Limited and manufactured through Assam's cooperative dairy network. The Agricultural and Processed Food Products Export Development Authority supported export documentation, regulatory compliance, market access and stakeholder coordination. The initiative seeks to expand value-added dairy exports from the North Eastern Region, with plans to introduce longer-shelf-life products and increase exports according to market demand.
    July 29, 2026
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    Financial-market depth requires reliable liquidity, risk transfer, transparent products and shared institutional responsibility for resilient long-term financing.
    Financial-market depth requires reliable liquidity and price discovery, efficient risk distribution, and diverse, meaningful participation across market conditions. Government and corporate bond markets, money markets, and foreign exchange and derivative markets should channel long-term savings into investment and enable management of interest-rate, currency and credit risks. Product innovation must serve genuine needs and be supported by suitability assessments, transparent disclosure, fair pricing, independent valuation and user risk-management capacity. Regulators, market institutions, issuers, investors and infrastructure providers share responsibility for resilient, transparent and trusted markets.
    July 29, 2026
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    Securitisation Note amendments seek stronger issuance efficiency, liquidity and transparency, with stakeholder consultation invited on proposed directions.
    Draft amendments to securitisation transaction directions seek to improve the efficiency, liquidity and transparency of issuing and subsequently transferring Securitisation Notes. The proposals apply to commercial banks, small finance banks, non-banking financial companies and all India financial institutions. Public and stakeholder comments are invited through the designated regulatory consultation platform or alternatively by post or email.
    July 29, 2026
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    Rupee appreciation reflected weaker dollar conditions, equity inflows, crude oil movements and positive domestic market sentiment.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar. A weaker US dollar, lower crude oil prices relative to earlier levels, positive domestic equity sentiment, and foreign institutional investors' net purchase of Indian equities were identified as key influences. The dollar index weakened ahead of a monetary policy announcement, while crude prices rose amid renewed geopolitical tensions. Domestic benchmark equity indices also advanced in early trade.
    July 29, 2026
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    Input Tax Credit unblocking allegedly involved illegal gratification, prompting a trap operation and apprehension of the officer and consultant.
    Alleged bribery connected with unblocking Input Tax Credit arose after an electronics trader received a show-cause notice and had its ITC blocked. A private tax consultant allegedly conveyed that a State GST officer demanded illegal gratification for unblocking the credit and encouraged the trader to settle the demand. Following a complaint, a trap operation allegedly led to the apprehension of the officer and consultant, with further legal action in progress.
    July 29, 2026
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    Defence production licensing and Russian energy sanctions shaped discussions on Ukraine's security capacity, missile supply and diplomatic engagement.
    Ukraine-US discussions addressed licences for domestic Patriot defence-system production, wider defence-production cooperation, technology exchange and missile supply funded through European resources. Ukraine also sought support for a sanctions bill designed to increase economic pressure on Russia by imposing tariffs on goods from major purchasers of Russian oil and gas and by sanctioning Russian leaders, financial institutions and energy projects. The proposed defence-production licence was identified as a longer-term measure, alongside calls for renewed diplomatic engagement.
    July 29, 2026
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    Cooperative-sector modernisation strengthens rural finance through expanded credit societies, online audits, institutional connectivity and technology-enabled cooperative banking.
    Cooperative-sector modernisation is presented as a mechanism for strengthening rural institutions, farmer prosperity and the rural economy. The separate Ministry of Cooperation provides an administrative, legal and policy framework for the cooperative movement. Key initiatives include establishing new primary agricultural credit societies and dairy cooperative societies, expanding business activities for primary agricultural credit societies, online auditing, and connecting cooperative institutions. District cooperative banks are described as important institutions for meeting the financial requirements of expanding service and dairy cooperative societies.
    July 28, 2026
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    Direct containerised rail freight movement enables seamless Kolkata Port-to-Biratnagar cargo transport without border transshipment under revised transit arrangements.
    Direct containerised rail freight movement between Kolkata Port and Biratnagar Customs Yard has commenced under the revised India-Nepal Rail Transit Protocol. The service enables end-to-end commercial rail carriage without border transshipment through the Jogbani-Biratnagar broad-gauge connection. Implementation of the revised Letter of Exchange operationalises direct commercial rail access, intended to reduce transit time, logistics costs and cargo handling while improving supply-chain efficiency, reliability and cross-border trade.
    July 28, 2026
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    State governance reforms expand housing relief, local audits, MSME support, property records, welfare measures and clean-vehicle tax incentives.
    The reforms provide concessional stamp duty and registration charges for eligible Economically Weaker Section housing beneficiaries, a statutory local-audit framework, and incentives for MSMEs and exports. They also establish rules for ownership records in Lal Dora areas and introduce a formula-based urban property-tax assessment framework with exemptions. Welfare measures cover compensation for specified unnatural custodial deaths, ex-Agniveer reservation, and compassionate appointments. Motor-vehicle tax measures provide a rebate for qualifying vehicles registered in women's names and exemptions for new electric vehicles.
    July 28, 2026
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    Investigation into alleged fund diversion faced scrutiny as agencies were required to disclose progress and decide on regular cases.
    Investigation into alleged dubious transactions and fund diversion involving Indiabulls Housing Finance Limited remained under scrutiny because investigating agencies did not provide an updated status or take a final decision on registration of regular cases. The Central Bureau of Investigation and Delhi Police Economic Offences Wing were required to file a comprehensive affidavit and status report. The allegations concern loans allegedly routed through corporate entities to promoter-linked companies, alongside inquiries involving financial, corporate-fraud and market-regulatory agencies.
    July 28, 2026
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    MSME payment-delay reforms propose faster dispute resolution, enforceable settlement recovery, and invoice discounting to strengthen supplier liquidity.
    The proposed amendment strengthens delayed-payment dispute resolution for micro and small enterprise suppliers through prescribed adjudication timelines and possible interim payment of at least half the awarded amount where a setting-aside application remains pending beyond six months. Mediated settlements and arbitral awards may be recovered as arrears of land revenue and are proposed to be legally enforceable debts under the insolvency framework. Central public sector enterprises would be required to route MSME invoice settlements through the Trade Receivables Discounting System.
    July 28, 2026
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    Regional rural bank oversight strengthens financial performance, technology adoption, diversified lending and financial inclusion in remote communities.
    Regional Rural Banks are regularly reviewed for financial performance, technology upgradation, MSME lending, loan diversification and financial inclusion in rural and remote areas. Their financial health improved over recent years, with growth in deposits, loans, credit-deposit ratio, net worth and capital adequacy, alongside improved asset-quality indicators. Financial-inclusion targets for bank-account access, micro-credit, insurance and pension schemes are set and periodically monitored to extend formal financial services.
    July 28, 2026
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    Emergency credit guarantee support addresses business liquidity mismatches while public sector banks report stronger asset quality and sectoral lending growth.
    Public sector banks reported improved balance-sheet health, rising business and lending, higher profits, stronger capital adequacy, and lower gross non-performing assets through FY 2025-26. Credit expanded across retail, agriculture, MSME, and infrastructure segments. Emergency Credit Line Guarantee Scheme 5.0 provides guarantee coverage to member lending institutions for eligible additional credit facilities addressing short-term liquidity mismatches, with full coverage for MSMEs and differentiated coverage for non-MSMEs and scheduled passenger airlines. Airline assistance is linked to peak credit outstanding and may require proportionate promoter or owner equity contribution above the applicable threshold.
    July 28, 2026
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    Toy quality regulation and export support strengthen domestic manufacturing, safety compliance, market access, and competitiveness in the Indian toy sector.
    Toy-sector measures combine quality regulation, import-duty changes, domestic manufacturing support, export facilitation, and promotional initiatives. The National Action Plan for Toys covers toy design, learning-oriented toys, quality monitoring, restrictions on unsafe imports, indigenous clusters, and domestic production. A Quality Control Order and BIS licensing framework support compliance with toy-safety standards. Cluster assistance, startup recognition, export-duty remission support, and zero-duty market access under specified trade agreements seek to strengthen competitiveness, while stated measures are associated with improved quality conformity, lower imports, and increased exports.
    July 28, 2026
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    Preferential market access under free trade agreements supports export diversification, labour-intensive sectors, and exporter use of tariff concessions.
    India's FTA framework is used to promote preferential tariff utilisation, export diversification and expanded market access. The Government monitors recently operationalised agreements through Certificates of Origin and partner-country trade data. Agreements with the UAE, Australia, Mauritius, Oman and EFTA are associated with increased product-line coverage, tariff preference utilisation and export opportunities. Labour-intensive sectors receive priority through preferential access, while calibrated tariff liberalisation and transition arrangements seek to protect sensitive domestic sectors. Trade e-Connect and the Trade Intelligence and Analytics Portal support exporters with market intelligence, rules of origin guidance, trade data and export-performance monitoring.
    July 28, 2026
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    Preferential Market Access under free trade agreements supports export diversification, labour-intensive sectors, tariff utilisation and data-driven trade facilitation.
    Preferential tariff utilisation under recently operationalised trade agreements is monitored through Certificates of Origin and partner-country trade data. Increased certificate issuance and expansion in exported HS-level tariff lines are treated as indicators of export diversification and market penetration. Labour-intensive sectors receive improved market-access opportunities under FTAs, while calibrated tariff liberalisation and transition arrangements preserve policy space for sensitive domestic sectors. Trade e-Connect and the Trade Intelligence and Analytics Portal provide exporters and policymakers with market intelligence, Rules of Origin guidance, FTA advisory services and trade-performance analytics.
    July 28, 2026
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    Sports-quota government recruitment recognised medal-winning student-athletes for public employment across defence, policing, railways and other government institutions.
    Sports-quota recruitment enabled medal-winning student-athletes to obtain government employment on the basis of sporting performances at state, national and international levels. Appointments covered armed forces, central armed police and paramilitary organisations, railways, police, the Income Tax Department, a public-sector bank, sports departments and other government institutions. The described sports framework provides scholarships, coaching, infrastructure, dietary support, travel, accommodation, equipment and selection-oriented physical, mental and personality-development training.
    July 28, 2026
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    Sugar stock controls require dealers to limit inventory duration and quantity, declare holdings, and curb speculative buying.
    Sugar dealers may not retain stock beyond thirty days from receipt or hold sugar above 4,000 quintals at any time or place. Government-account stocks and authorised Public Distribution System stocks are excluded. State Governments and Union territory administrations may prescribe limits only within the national ceiling and holding period. Dealers must declare and regularly update stock positions on the designated portal. The temporary restrictions are intended to maintain domestic availability, discourage speculative buying and contain sugar prices.
    July 28, 2026
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    Credit Profile Management requires timely repayments, controlled utilisation, selective borrowing and prompt correction of credit-report inaccuracies.
    A healthy credit profile depends on timely repayment of EMIs and credit-card dues, controlled credit utilisation and selective applications for new credit. Missed payments, sustained high utilisation and multiple hard enquiries may affect credit health and lender assessment. Individuals should periodically review credit reports for inaccurate personal details, closed loans recorded as active, missing repayment updates, duplicate loan entries or incorrect payment status, and promptly seek correction of discrepancies. Regular monitoring of credit score, repayment history, active accounts and enquiries supports informed credit-management decisions.
    July 28, 2026
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    Gold loan repayment structures require borrowers to weigh EMI interest savings against bullet repayment cash-flow flexibility and maturity obligations.
    Gold loans may be repaid through EMIs, which reduce principal and interest through periodic instalments, or through Bullet Repayment, which defers principal and accrued interest until maturity. The stated framework imposes tiered loan-to-value limits and caps consumption-purpose bullet loans at 12 months, with bullet-loan collateral assessment including projected interest. EMI repayment may reduce overall interest cost for borrowers with predictable income, while bullet repayment may preserve cash flow for borrowers expecting a defined future inflow. Borrowers should compare costs and review the Key Fact Statement before choosing a structure.

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      Political row over USAID fund recipient: BJP accuses Rahul of colluding with foreign forces, Cong demands white paper

      February 21, 2025

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      New Delhi, Feb 21 (PTI) A political row erupted Friday after a media report claimed USD 21 million aid by USAID was meant for Bangladesh and not India, with the Congress demanding an apology from the BJP and the ruling party accusing Rahul Gandhi of colluding with foreign forces to weaken India.

      The Congress alleged that the BJP's narrative was aimed at diverting attention from its own use of foreign funds to "destabilise" past governments led by it. It also demanded the government come out with a white paper on the USAID funding as well as funding by other such agencies in India.

      The BJP dismissed as "cover up" the media report that the USD 21 million fund was for Bangladesh and not India and called Rahul Gandhi a "traitor".

      Both the parties held press conferences to accuse each other of weakening the governments in India by using foreign funds.

      Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal, meanwhile, termed the USAID funding as "deeply troubling" that has led to concerns over foreign interference in India's internal affairs.

      Asked about the issue at the weekly MEA briefing, he said relevant departments and authorities are looking into the information put out by the American administration regarding certain US activities and funding.

      "We have seen information that has been put out by the US administration regarding certain US activities and funding. These are obviously very deeply troubling," Jaiswal said.

      "Facts show all may have jumped the gun. That USD 21 million ... was sanctioned in 2022 for Bangladesh, not India," the Indian Express report said, citing documents.

      US President Donald Trump claimed the USD 21 million funding to India for 'voter turnout' was a "kickback" scheme, as he continued to attack the previous Biden administration over the now cancelled financial aid.

      Trump made these remarks while speaking at the Republican Governors Association meeting in Washington DC on Thursday.

      "USD 21 million for voter turnout in India. Why are we caring about India's turnout? We have got enough problems. We want our own turnout," he said.

      This is the third time within a week that Trump has questioned the funding.

      Citing the media report, Congress general secretary in-charge communications Jairam Ramesh said, "Lies first mouthed in Washington. Lies then amplified by BJP's Jhoot Sena. Lies made to be debated on Godi media." "Lies now thoroughly exposed. Will the liars apologise?" he asked in a post on X.

      BJP spokesperson Gaurav Bhatia claimed the USAID funding came to India to meddle with internal politics and disrupt the electoral process in India.

      He said when the US President himself has made a statement on USAID funding to India, nobody else could have better knowledge about it than him.

      The BJP accused the Congress of using external influence in India's election process, ever since the Trump administration's Department of Government Efficiency (DOGE) announced on February 16 that it had "cancelled" USAID funding of "USD 21 million for voter turnout in India".

      "More than USD 2000 million funding came to the government in India from 2004-13 during the erstwhile Congress led UPA rule. And, just USD 1.5 million came during Modi ji's term. It's because they know that Narendra Modi will not sell India and India's interests to any foreign power," he said.

      A larger share of the USAID fund came into India during the UPA regime because the Congress can broker the country's sovereignty and its interests, Bhatia alleged.

      "While funding for the government (in India) stopped, there was an increase in funding for the NGOs during Rahul Gandhi's Bharat Jodo Yatra to strengthen Rahul Gandhi ahead of the polls in an attempt to defeat Narendra Modi (in the Lok Sabha elections)," he claimed.

      Gandhi's Bharat Jodo Yatra was aimed at "breaking India", he charged.

      BJP's IT department head Amit Malviya termed the report as "fake news", saying it discusses USD 21 million in funding to Bangladesh in 2022 but "misrepresents" reference to USD-21 million funding tranche to "promote" voter turnout in India.

      Addressing a press conference, Congress spokesperson Pawan Khera alleged the entire "USD-21 million USAID funds narrative" perpetrated by the BJP, Modi government's ministers, its economic advisor, the party's IT department head, the RSS-BJP ecosystem was done to divert attention from their "own sins" of using foreign funds to destabilise Congress governments in the past.

      Citing the report, Khera claimed that the truth has come out that the "USD 21 million USAID funds" were not given to India, but to Bangladesh.

      "Official documents prove that. (Prime Minister Narendra) Modiji's best friend Trump had perhaps intentionally or unintentionally made a faux pas through the DOGE. But the fact that the RSS-BJP ecosystem shamelessly latched onto it, without examining the facts, tells you that it wanted to hide its own acts of commissions in damaging India's democracy," he said.

      Khera referred to RSS taking CIA's assistance during Emergency and in the run-up to it, besides other instances.

      He also alleged that RSS orchestrated the Anna Hazare-Arvind Kejriwal "India Against Corruption" movement to overthrow the Congress-led UPA government with the help of foreign aid, especially from USAID and Ford Foundation.

      "Let it be clear, we do not consider global partnerships, developmental agencies, aid mechanisms, such as the USAID, as unscrupulous. It is the BJP that first started the deep-state narrative and demonising the USAID. However, we have enough evidence that the RSS-BJP has been taking covert assistance from foreign agencies to destabilize Indian democracy and bulldoze our Constitution," Khera alleged.

      Meanwhile, Vice President Jagdeep Dhankhar too voiced concern over the alleged USAID funding for raising voter turnout in India, saying people who allowed such an attack on the country's democratic values should be exposed.

      Speaking at an event here, he said the remarks on USAID funding came from a person of authority and that it was a fact that money was given.

      "People who allowed such an attack (to allegedly damage the electoral purity) should be exposed," he said.

      He also said delivering a body blow to such forces is the "national duty" of people.

      Addressing another event, Dhankhar said, "Time has come to thoroughly get into this malaise, this political COVID infiltrated in our society to destroy our democracy.All those involved in this sinister activity, who benefited out of this structured pernicious strategy must be shamed and brought to book, fully exposed." As the row snowballed, Shiv Sena (UBT) leader Priyanka Chaturvedi said, "The joke is on us as a nation. The GoI went by DOGE revelation, they lapped up President Trump's statement. The media debated it with glee. Neither of them left with any self respect enough to investigate rather than believe all that is being served to them." TMC leader Saket Gokhale said the BJP held press conferences claiming a big "conspiracy" about election interference in India.

      "Turns out the entire 'USD 21 million for voter turnout' thing was an 'error'," he said, accusing the BJP of "lying again for cheap political points". PTI PK ASK SKU SKC ZMN

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