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    Office of the Controller General of Patents, Designs and Trade Marks Announces Tentative Schedule for Patent and Trade Marks Agent Examinations 2027 a...
    RBI invites comments on the draft “Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026”
    West Bengal seeks 100pc foodgrain, 40pc sugar jute packaging quota at SAC meeting
    RBI clasifies Tata Sons, 16 others as large NBFCs
    Sensex climbs 374 points on buying in Reliance, ICICI Bank; Nifty ends flat
    Insurance Division, DFS Secures 3rd Rank in Group A Category of Grievance Redressal Assessment & Index (GRAI) for June 2026
    VKDL Group’s NPA Bazaar Strengthens India’s Distressed Asset Resolution Ecosystem Under the Leadership of V K Dubey
    Lok Sabha passes bill to authorise govt to permit banks to levy charges on UPI transactions
    Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee August 3 to 5, 2026
    Stock markets edged higher in early trade amid lower crude oil prices, buying in Reliance Industries
    Monthly review of accounts of Government of India upto June 2026 (FY 2026-27)
    DRI busts illegal drug manufacturing unit in Satara district in Maharashtra; two arrested
    CCI approves proposed combination inter alia involving share acquisition(s) and merger of certain entities e.g. AAPC India, Triguna, Caddie, SMPL, Tec...
    Rupee gains 20 paise to close at 95.08 against US dollar post-RBI policy decision
    TN Budget: Revenue deficit at Rs 55,775 crore, fiscal deficit estimated at Rs 1,21,819 crore
    Tatkare slams ‘gungi gudiya’ jibe against Sunetra; Cong says row being exploited for political gains
    RBI invites public comments on Draft Guidelines for ‘on tap’ Licensing of Urban Co-operative Banks
    Pakistan-origin dry dates, routed through UAE, seized at Kandla port
    RBI keeps rates unchanged, retains neutral stance; outlook uncertain on El Nino, geopolitical risks
    Government Notifies Inventory-based Cross-border E-Commerce Export Framework under Foreign Trade Policy 2023
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    Show All SummariesHide All Summaries
    August 6, 2026
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    Patent and trade marks agent qualification examinations require written-paper minimums, aggregate passing scores, and viva voce assessment for registration.
    Patent and trade marks agent examinations comprise an objective Paper I, a descriptive Paper II and a viva voce assessing suitability to practise before the Intellectual Property Office. Candidates must secure the stipulated minimum marks in each written paper and the required aggregate score to pass. Registration in the relevant Register of Patent Agents or Register of Trade Marks Agents is available only to candidates who satisfy all prescribed eligibility conditions and qualify the examination.
    August 6, 2026
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    Draft NBFC credit-facilities amendments open for stakeholder consultation through designated online and email feedback channels.
    Draft amendments to the Non-Banking Financial Companies credit-facilities framework have been released for public consultation. Regulated entities and other interested stakeholders may submit comments or feedback through the 'Connect 2 Regulate' platform or by email using the specified subject line.
    August 6, 2026
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    Mandatory jute packaging reservations were urged to protect cultivators, mill workers, crop absorption, and environmentally sustainable packaging.
    Mandatory jute packaging reservations were sought to be retained at full coverage for foodgrains and increased for sugar packaging for the forthcoming Jute Year. The submission before the Standing Advisory Committee emphasised absorption of bumper jute output, remunerative prices for cultivators, uninterrupted mill operations, and protection of farm and worker livelihoods. It also stressed that biodegradable jute bags offer an environmentally friendly alternative to HDPE and polypropylene woven sacks, and that dilution of compulsory packaging could undermine plastic-pollution reduction efforts.
    August 6, 2026
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    NBFC Upper Layer classification imposes enhanced regulation and listing obligations, while de-registration applications remain under examination.
    NBFC Upper Layer classification subjects identified large non-banking financial companies to enhanced regulatory requirements for at least five years and requires stock-exchange listing within three years of identification. The framework divides NBFCs into Base, Middle, Upper and Top Layers. Seventeen large NBFCs were included in the Upper Layer list, while Tata Sons' classification remains subject to the pending examination of its de-registration application.
    August 6, 2026
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    Closing auction price discovery may affect benchmark levels differently based on constituent liquidity and concentrated institutional order flow.
    The Closing Auction Session in the equity cash segment uses an auction-based method to determine closing prices of eligible shares with futures and options contracts, aiming to strengthen transparent and robust price discovery. Its effect on benchmark closing levels may differ according to constituent liquidity and institutional order flow. The Reserve Bank of India retained the policy repo rate and neutral stance, indicating that future policy decisions will be data-dependent and influenced by assessment of energy-cost effects on inflation.
    August 6, 2026
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    Public grievance redressal strengthens through monitoring, senior review, workshops, stakeholder coordination, and customer-centric service delivery improvements.
    Public grievance redressal is assessed through the Grievance Redressal Assessment and Index, which analyses grievance categories and disposal. The Department of Financial Services' Insurance and Banking Divisions received third and sixth ranks respectively in the June 2026 assessment. Its framework includes disposal of grievances, random reviews by senior officials, and workshops on effective grievance redressal, supporting best practices, stakeholder coordination, technology use, customer-centric service, and accountable public service delivery.
    August 6, 2026
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    Distressed asset resolution integrates restructuring, insolvency advisory, funding facilitation and digital marketplaces for transparent financial recovery transactions.
    The platform provides integrated advisory, management and transaction-facilitation services for Non-Performing Assets, stressed assets and distressed assets. Its services include NPA resolution, debt restructuring, One-Time Settlements, funding assistance, insolvency and bankruptcy advisory, asset reconstruction, financial restructuring and capital raising. Digital and offline marketplaces facilitate transactions involving distressed assets, receivables and related movable or immovable properties, supported by collaborations with banks, Non-Banking Financial Companies, Asset Reconstruction Companies, corporates and investors.
    August 6, 2026
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    Merchant discount rate framework may permit charges on notified UPI and digital payments through a government notification mechanism.
    The proposed amendment to Section 10A of the Payment and Settlement Systems Act, 2007 replaces the existing income-tax-linked reference with a Central Government notification-based mechanism for electronic payment modes. It removes the current statutory restriction preventing banks and payment service providers from charging Merchant Discount Rate on notified modes, enabling the Government to permit charges for UPI and other digital payments. The policy rationale is to support funding for payment infrastructure and a sustainable revenue model for service providers.
    August 6, 2026
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    Neutral monetary policy stance continues as resilient growth and food-fuel inflation risks require close macroeconomic monitoring.
    The Monetary Policy Committee retained the policy repo rate and continued the neutral monetary policy stance, citing the need to assess evolving growth-inflation conditions. Domestic activity was assessed as resilient, supported by consumption, investment, credit, manufacturing, services and exports, although global uncertainty, energy prices, supply-chain pressures, geopolitical developments and monsoon conditions remain risks. CPI inflation increased mainly because of food and fuel pressures, while underlying inflation remained moderate. The Committee considered that price pressures were not yet generalised and reaffirmed its commitment to align inflation with the target.
    August 6, 2026
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    Closing auction price discovery and a neutral monetary policy stance shaped equity market conditions amid lower crude prices.
    The Closing Auction Session in the equity cash segment introduced an auction-based mechanism for determining closing prices of eligible shares with futures and options contracts, intended to make price discovery more transparent and robust. The Reserve Bank of India retained its neutral stance and left the benchmark policy rate unchanged, pending greater clarity on the inflationary effects of higher energy costs. Future policy decisions were stated to be data dependent.
    August 6, 2026
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    Monthly public accounts review records receipts, expenditure, tax devolution, interest payments, subsidies, and capital spending through June.
    Consolidated monthly accounts up to June 2026 report total receipts of Rs.10,49,243 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution transfers to State Governments total Rs.2,63,336 crore. Total expenditure is Rs.13,57,076 crore, including revenue expenditure of Rs.10,16,818 crore and capital expenditure of Rs.3,40,258 crore. Revenue expenditure includes interest payments and major subsidies.
    August 6, 2026
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    Illicit psychotropic drug manufacture triggered seizure, apprehensions, and investigation into planned trafficking under narcotics control law.
    Illicit manufacture and trafficking of Alprazolam and Diazepam, psychotropic substances regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985, were detected at a clandestine facility. Searches recovered finished and intermediary substances, together with raw materials and reaction mixtures used in manufacture, and the goods were seized under the Act. The manufacturer and an intended buyer were apprehended, with material indicating a proposed transaction for further illicit trafficking. Preliminary investigation indicated prior involvement in illegal drug production and trafficking.
    August 6, 2026
    Show AI Summary
    Competition approval for hotel-sector consolidation covers share acquisitions and merger of Accor-branded hotel entities into InterGlobe Hotels.
    Competition approval was granted for related share acquisitions and the merger of AAPC India, Caddie, Triguna, Srilanand Mansions, Techpark and Accent into InterGlobe Hotels. The combination involves entities jointly controlled by the Bhatia Family Group and the Accor Group, including hotel-owning and developing entities, hotel management and franchising operations, leasing activities, and captive consultancy and support services relating to Accor-branded hotels in India.
    August 5, 2026
    Show AI Summary
    Rupee appreciation followed unchanged monetary policy, lower crude prices, weaker dollar and expectations of orderly exchange-rate management.
    The rupee strengthened after the central bank maintained its policy rate and neutral monetary-policy stance. Lower crude oil prices, a weaker US dollar and declining US Treasury yields supported investor sentiment. Earlier measures to attract capital inflows remained part of the framework supporting the rupee, while the central bank stressed its endeavour to preserve an orderly currency trajectory. Future movement was linked to geopolitical de-escalation, global risk sentiment and US economic data.
    August 5, 2026
    Show AI Summary
    Fiscal consolidation through revenue mobilisation and leakage control aims to reduce deficits while expanding capital expenditure capacity.
    Tamil Nadu's Revised Budget Estimates for 2026-27 project a revenue deficit and fiscal deficit, with outstanding liabilities comprising public debt and public-account liabilities. Revenue mobilisation is proposed through improved tax administration, collection efficiency, closure of leakages, liquor-manufacturer privilege fees, and eligible Union grants. The strategy projects gradual deficit reduction to create room for capital expenditure, supported by expenditure reforms aimed at eliminating leakages, optimising expenditure, and improving service delivery.
    August 5, 2026
    Show AI Summary
    Political criticism of public office-holders raises debate over media accountability, personal remarks, and acceptable public discourse.
    Political criticism followed a social-media post describing Maharashtra Deputy Chief Minister Sunetra Pawar as "gungi gudiya" in connection with a press interaction on law-and-order issues in Beed district. Congress representatives stated that the post was not a personal insult, had been deleted after adverse reactions, and was followed by an expression of regret. NCP representatives termed the expression inappropriate and stressed that the principal dignitary should conduct media interactions. Shiv Sena (UBT) representatives described the phrase as not unparliamentary and linked it to criticism of a guardian minister's public responsibilities.
    August 5, 2026
    Show AI Summary
    On-tap licensing for Urban Co-operative Banks enters public consultation through draft guidelines inviting stakeholder feedback.
    Draft guidelines for 'on tap' licensing of Urban Co-operative Banks have been issued for public and stakeholder consultation. Comments and feedback may be submitted until September 05, 2026, through the designated online consultation facility or by written or email submission to the specified regulatory department.
    August 5, 2026
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    Prohibition on indirect Pakistan-origin imports targets alleged origin misdeclaration and UAE routing used to circumvent trade restrictions.
    Import prohibition on goods originating in Pakistan applies to direct and indirect imports under the Foreign Trade Policy, 2023. Pakistan-origin dry dates routed through the UAE were allegedly declared as UAE-origin goods for import, and were intercepted under the Customs Act, 1962. Investigation indicated that the goods were first sent from Pakistan to Dubai, re-containerised, and then exported to India. A separate interception involved Pakistan-origin guggul resin allegedly declared as Somali natural resin and routed through Dubai.
    August 5, 2026
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    Neutral monetary policy stance keeps benchmark rates unchanged while inflation risks, liquidity management and consumer-protection reforms remain under review.
    Monetary policy maintains the benchmark policy rate unchanged and retains a neutral stance, with future decisions guided by incoming data. The central bank remains committed to aligning headline inflation with its medium-term target while monitoring food, fuel and other input-cost risks. Surplus liquidity will be managed through two-way operations, and the regulatory framework for interest rates on advances is proposed to be harmonised and standardised across regulated entities to improve transparency and consumer protection.
    August 5, 2026
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    Export-only e-commerce inventory framework enables seller exports through registered exporters while requiring traceability, timely payments and domestic-diversion controls.
    The export-only inventory framework permits eligible e-commerce entities to export through a registered Exporter-on-Record, which procures goods from Indian Sellers-on-Record against confirmed overseas orders and assumes export and destination-country compliance responsibilities. Inventory must be segregated, digitally traceable and cannot be diverted to domestic sale. The framework requires timely seller payments, visibility of overseas sales and shipment information, proportional pass-through of export rebates and refunds, annual compliance certification and digital records.

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      Zelenskyy meets Trump at White House, seeking security assurances against future Russian aggression

      February 28, 2025

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      Washington, Feb 28 (AP) Ukrainian President Volodymyr Zelenskyy is meeting with President Donald Trump on Friday at a pivotal moment for his country, as he tries to persuade the White House to provide some form of US backing for Ukraine's security against any future Russian aggression.

      Zelenskyy flashed a thumb's up but didn't speak to reporters as he arrived at the White House. He wore a more formal black top rather than his usual military green T-shirt, prompting Trump to quip, “He's all dressed up.” Zelenskyy's delegation is expected to sign a landmark economic agreement with the US aimed at financing the reconstruction of war-damaged Ukraine, a deal that would closely tie the two countries together for years to come.

      The deal, which is seen as a step toward ending the three-year war, references the importance of Ukraine's security. But it leaves that to a separate agreement to be discussed between the two leaders — talks that are likely to commence Friday.

      As Ukrainian forces hold out against slow but steady advances by Russia's larger and better-equipped army, leaders in Kyiv have pushed to ensure a potential US-brokered peace plan would include guarantees for the country's future security.

      Many Ukrainians fear that a hastily negotiated peace — especially one that makes too many concessions to Russian demands — would allow Moscow to rearm and consolidate its forces for a future invasion after current hostilities cease.

      According to the preliminary economic agreement, seen by The Associated Press, the US and Ukraine will establish a co-owned, jointly managed investment fund to which Ukraine will contribute 50 per cent of future revenues from natural resources, including minerals, hydrocarbons and other extractable materials.

      A more detailed agreement on establishing the fund will be drawn up once the preliminary one is signed.

      Trump, a Republican, has framed the emerging agreement as a chance for Kyiv to compensate the US for wartime aid sent under his predecessor, President Joe Biden, a Democrat.

      But Zelenskyy has remained firm that specific assurances for Ukraine's security must accompany any agreement giving US access to Ukraine's resources. On Wednesday, he said the agreement “may be part of future security guarantees, but I want to understand the broader vision. What awaits Ukraine?” Trump remains noncommittal about any American security guarantees.

      “I'm not going to make security guarantees ... very much,” Trump told reporters this week. “We're going to have Europe do that.” This is Zelenskyy's fifth White House visit, but his previous four came during the Biden administration. The Ukrainian president also was meeting with US senators during his time in Washington.

      If a truce can be reached, British Prime Minister Keir Starmer and French President Emmanuel Macron have agreed to send troops for a potential peacekeeping mission to Ukraine to ensure that fighting between Ukraine and Russia doesn't flare up again. Both leaders travelled to Washington this week before the Zelenskyy visit to discuss with Trump the potential peacekeeping mission and other concerns about the war.

      White House officials are sceptical that Britain and France can assemble enough troops from across Europe, at least at this moment, to deploy a credible peacekeeping mission to Kyiv.

      It will likely take a “consensual peace settlement” between Russia and Ukraine before many nations would be willing to provide such forces, according to a senior Trump administration official who briefed reporters on the condition of anonymity under ground rules set by the White House.

      Zelenskyy and European officials have no illusions about US troops taking part in such a mission. But Starmer and others are trying to make the case that the plan can only work with a US backstop for European forces on the ground — through US aerial intelligence, surveillance and support, as well as rapid-response cover in case the truce is breached.

      “You've created a moment of tremendous opportunity to reach a historic peace deal — a deal that I think would be celebrated in Ukraine and around the world,” Starmer told Trump. “That is the prize. But we have to get it right.” Zelenskyy has been vague on exactly what kinds of security guarantees would be suitable for his country, and while he continues to advocate for Ukraine's eventual membership in NATO, he has also suggested a similar security arrangement would suffice.

      But Trump on Wednesday said Ukraine “could forget about” joining the Western military alliance.

      Still, Zelenskyy's meeting with Trump, their first since the US leader's inauguration in January, is seen in Kyiv as a diplomatic win for Ukraine. On Wednesday, Zelenskyy said being able to meet personally with Trump before Russian President Vladimir Putin does “is a good signal.” Zelenskyy said he hopes to discuss whether the US plans to halt its military aid to Ukraine and, if so, whether Kyiv would be able to purchase weapons directly from the US.

      He also wants to know whether Ukraine can use frozen Russian assets for the purchase of weapons and whether Washington plans to lift sanctions on Moscow.

      A reporter from the Russian news agency Tass was to join other reporters in the Oval office as Trump and Zelenskyy met.

      Fears that Trump could broker a peace deal with Russia that is unfavorable to Ukraine have been amplified by recent precedent-busting actions by his administration.

      Trump held a lengthy phone call with Putin, and US officials met with their Russian counterparts in Saudi Arabia without inviting European or Ukrainian leaders — both dramatic breaks with previous US policy to isolate Putin over his invasion.

      Trump later seemed to falsely blame Ukraine for starting the war, and called Zelenskyy a “dictator” for not holding elections after the end of his regular term last year, though Ukrainian law prohibits elections while martial law is in place.

      As Zelenskyy seeks to lower the temperature with the US while in Washington, American officials are saying the economic deal, if implemented, would itself provide a measure of security to Ukraine through the presence of US investments on its territory.

      On Wednesday, Trump said the US working on mineral extraction in Ukraine would amount to “automatic security because nobody's going to be messing around with our people when we're there.” “It's a great deal for Ukraine too, because they get us over there and we're going to be working over there,” Trump said. “We will be on the land.” That perspective is echoed by the text of the economic agreement, which says the US “supports Ukraine's efforts to obtain security guarantees needed to establish lasting peace.” Washington, it continues, has “a long-term financial commitment to the development of a stable and economically prosperous Ukraine.” (AP) GRS GRS

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