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    No compromise on tackling illegal immigrants' issue: Minister Priyank Kharge
    Technology, transparency key for urban cooperative banks to stay competitive: Shah
    Paul Merchants Gets RBI Approval for Perpetual AD Category-II Licence Under Revised FEMA Framework
    IEPFA Organises Stakeholder Engagement with Nodal Officers of Companies on Integrated IEPFA Portal 2.0
    Rupee settles with 5 paise gain at 95.17 against US dollar
    India weathered Hormuz disruption without fuel shortages: Puri
    RBI invites public comments on the draft Directions on ‘Credit Valuation Adjustment (CVA) Framework’
    RBI invites comments on the draft “Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Eleventh Amendment Directions, ...
    87 Proposals Received under BHAVYA Scheme during First Round of Phase-I
    India successfully concludes the 16th BRICS Trade Ministers' Meeting in Jaipur under its BRICS Chairship 2026
    GeM Completes a Decade of Transforming Public Procurement with Cumulative GMV Exceeding ₹20 Lakh Crore
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    India's forex kitty swells by USD 10.5 bn to USD 692.87 bn
    Rs 5,000 cr credited to 6.22 lakh Maharashtra farmers so far under loan waiver scheme: Fadnavis
    SBI Life and J&K Bank partner to bring comprehensive life insurance solutions closer to families across India
    DRI intensifies vigil along India's North-Eastern Frontier
    Vijayan slams Kerala govt's move to end doorstep pension delivery through cooperative banks
    Kerala to stop welfare pension delivery through cooperative banks, shifts to DBT
    China's exports slow slightly in July despite robust demand for high-tech products
    India successfully concludes the Tenth BRICS Industry Ministers' Meeting in Jaipur under its BRICS Chairship 2026
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    August 8, 2026
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    Illegal immigration enforcement prioritises dismantling entry, documentation and employment networks while requiring citizens to report information through police channels.
    Illegal immigration enforcement involves continuous identification and verification operations, coordination with relevant officials, and confidential investigation of networks facilitating entry, identity documentation, accommodation and employment. Enquiries extend to intermediaries, contractors, Aadhaar procurement and verification practices, rather than focusing only on apprehended individuals. Citizen vigilantism, moral policing and social-media targeting of suspected migrants are discouraged because they may compromise investigations; information should instead be given through proper police channels.
    August 8, 2026
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    Technology, transparency and governance strengthen urban cooperative banks through modern customer services, depositor protection and cooperative-sector support.
    Technology adoption, transparency, sound governance and modern customer services are identified as necessary for urban cooperative banks to remain competitive. Banks are encouraged to join the sector's umbrella organisation and self-regulatory body, which provides capital, information-technology infrastructure and liquidity support. Protection of depositors' money remains a regulatory responsibility, while banks are expected to improve governance, train staff, adopt technology and enhance customer-centric services. Customer prosperity and reduced perception gaps between the central bank and urban cooperative banks are emphasised as measures to strengthen the sector.
    August 8, 2026
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    Authorised Dealer Category-II licensing expands permissible FEMA current account and foreign trade transaction services for cross-border payment customers.
    An Authorised Dealer Category-II approval under the Foreign Exchange Management (Authorised Persons) Regulations, 2026 enables Paul Merchants to undertake additional permissible non-trade current account transactions under FEMA, excluding gifts and donations, and foreign trade transactions within the applicable per-transaction limit. The approval supports foreign exchange and cross-border payment services, including overseas remittances for education, medical treatment, travel, and conference or event participation.
    August 8, 2026
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    Integrated investor claim portal modernisation advances digital KYC, streamlined verification, stakeholder-informed safeguards, and efficient investor claim settlement services.
    Integrated IEPFA Portal 2.0 is proposed to modernise investor claim processing through digital KYC, pre-filled Form IEPF-5, entitlement search, and a simplified e-Verification Report filing workflow. Stakeholder feedback included Aadhaar eKYC address validation, KYC for authorised representatives, entitlement-letter validation checks, bulk DSC and eSign functionality, integration of approved IEPF Form-4 data, lower-value share valuation using NSE and BSE data, and alerts for frequent address changes to prevent fraud.
    August 7, 2026
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    Foreign capital inflows supported the rupee despite geopolitical uncertainty, oil-price pressures, and volatile global market sentiment.
    Foreign capital inflows supported a marginal strengthening of the rupee against the US dollar despite global risk aversion arising from uncertainty surrounding negotiations affecting the Strait of Hormuz. Higher crude oil prices and weak domestic equity sentiment remained relevant pressures. Near-term currency movement was expected to depend on developments in the negotiations, weekend decisions, US employment data, the dollar index, crude oil prices, and the reported increase in foreign exchange reserves.
    August 7, 2026
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    Energy security through diversified sourcing protected fuel supplies during Hormuz disruption and supports domestic exploration and alternative fuels.
    Energy security measures based on diversified crude oil and LPG sourcing, expanded infrastructure, increased domestic LPG production and alternative fuels were presented as maintaining fuel availability during disruption of shipping through the Strait of Hormuz. Domestic resilience is also linked to support for private deep-water oil and gas exploration, opening offshore acreage, and expansion of compressed biogas and ethanol blending. Ethanol-blended petrol testing identified limited contamination instances rather than a systemic issue, while excise duty reductions were described as cushioning consumers against global fuel-price volatility.
    August 7, 2026
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    Credit valuation adjustment framework revises derivative capital requirements through flexible basic approaches, hedge recognition, and risk-sensitive counterparty treatment.
    Credit Valuation Adjustment framework revisions align CVA capital treatment with final Basel III standards. Eligible banks may use the full or reduced basic approach, while banks with an insignificant volume of non-centrally cleared derivatives may calculate their CVA capital charge at 100 per cent of the counterparty credit risk capital charge. The draft also clarifies CVA hedge recognition, introduces risk weights sensitive to sector and credit quality, and separates systematic and idiosyncratic CVA risk in the full basic approach.
    August 7, 2026
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    Leverage ratio framework amendments propose Basel-aligned capital adequacy standards, with public feedback invited on the draft directions.
    Proposed amendments to the leverage ratio framework would revise Chapter VII of the 2025 Commercial Banks Prudential Norms on Capital Adequacy Directions to implement the Basel Committee's Leverage Ratio 2017 Standard. Public comments and feedback on the draft Eleventh Amendment Directions, 2026, are invited until August 28, 2026, through the designated online platform, postal submission, or email.
    August 7, 2026
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    BHAVYA Scheme project selection uses challenge-based evaluation of infrastructure, industrial ecosystems, and policy enablers under prescribed eligibility criteria.
    BHAVYA Scheme Phase-I proposals submitted by State and Union Territory governments will be evaluated and scored under prescribed eligibility and evaluation criteria. Challenge-based project selection considers connectivity and site suitability, quality of core, value-added and social infrastructure in the detailed project report, and the industrial ecosystem and policy enablers. The Scheme guidelines provide for completion of the first-phase selection process within one year from notification.
    August 7, 2026
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    Multilateral trade cooperation preserves developing economies' policy space while advancing MSME finance, diversified value chains and digital services.
    BRICS ministers adopted measures supporting a development-centred multilateral trading system with the World Trade Organization at its core, preservation of Special and Differential Treatment, binding two-tier dispute settlement, and developing economies' policy space for food security and public stockholding. MSME measures include study of an invoice discounting mechanism and credit-assessment principles focused on cash flow rather than collateral. Value-chain measures provide for a GVC Action Plan, technical cooperation, Special Economic Zone cooperation and digitised trade documents, alongside principles for trusted cross-border digitally delivered services.
    August 7, 2026
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    Digital public procurement promotes transparent sourcing, reduced seller charges, competition monitoring and evidence-based spending oversight through an integrated marketplace.
    Government e-Marketplace digitises public procurement through a unified platform promoting transparency, efficiency, good governance and wider supplier participation. Seller-facing measures include reduced transaction charges, exemption of smaller orders, a cap on maximum transaction fees and reduced vendor assessment fees. The platform uses Artificial Intelligence and Machine Learning tools to identify suspected cartelisation, collusion and order splitting, while its digital transactional trail supports expenditure monitoring, identification of inefficiencies and evidence-based policy interventions.
    August 7, 2026
    Show AI Summary
    Criminal justice, extremist-material regulation and administrative schemes feature in reports on prosecutions, demolition practices, loan waivers and fuel policy.
    Criminal justice reports cover bail and an expedited trial in an assault prosecution, arrest for allegedly sheltering an accused, allegations of rape and murder of a minor, and claimed irregularities in a police recruitment examination. Regulatory developments include a ban on extremist literature associated with proscribed organisations and judicial disapproval of coercive demolition. Administrative coverage includes farmer loan-waiver transfers following Aadhaar authentication and debate over the E20 fuel-blending programme.
    August 7, 2026
    Show AI Summary
    Foreign exchange reserves rose as foreign currency assets, gold holdings, Special Drawing Rights and IMF reserve position increased.
    India's foreign exchange reserves increased during the week ended July 31, principally because of higher foreign currency assets and gold reserves. Foreign currency assets include US dollar valuation effects arising from movements in currencies such as the euro, pound and yen. Special Drawing Rights and India's reserve position with the International Monetary Fund also increased. The movement followed measures to attract foreign exchange inflows, including an FCNR(B) measure, after earlier reserve declines associated with rupee pressure and dollar sales for foreign exchange market intervention.
    August 7, 2026
    Show AI Summary
    Farm loan waiver eligibility depends on verified beneficiary status and Aadhaar authentication for direct credit of eligible crop-loan relief.
    The farm loan waiver scheme covers eligible short-term crop loans within the prescribed ceiling and eligibility period. Waiver amounts are credited to verified bank accounts after field verification and completion of Aadhaar authentication. Aadhaar authentication is the operative condition for automatic processing of benefits, while eligibility rules and technical conditions have raised concerns about exclusion of distressed farmers.
    August 7, 2026
    Show AI Summary
    Corporate agency distribution expands access to life insurance products, supporting insurance awareness, financial inclusion and long-term household financial protection.
    A corporate agency arrangement enables J&K Bank to distribute SBI Life Insurance protection, savings, retirement and child-oriented life insurance plans through its branch network. The partnership aims to improve insurance access, awareness, financial literacy and long-term financial planning for households, particularly in Jammu & Kashmir and Ladakh. It is intended to expand insurance penetration, strengthen household financial protection and support financial inclusion in line with the IRDAI vision of "Insurance for All by 2047".
    August 7, 2026
    Show AI Summary
    Cross-border smuggling controls target narcotics, poppy seeds and areca nuts entering through the Indo-Myanmar border region.
    Cross-border smuggling enforcement targeted methamphetamine, foreign-origin poppy seeds and areca nuts allegedly brought from Myanmar. Methamphetamine concealed in an ambulance was seized under the NDPS Act, 1985. Poppy seeds and areca nuts recovered in separate operations were seized under the Customs Act, 1962. Poppy-seed imports are restricted to designated countries and require registration to ensure traceability and prevent illicit produce entering legitimate supply chains. The enforcement action addresses circumvention of customs controls and regulated import requirements.
    August 7, 2026
    Show AI Summary
    Direct benefit transfer for welfare pensions replaces cooperative-bank doorstep delivery, while retaining limited home service for excluded beneficiaries.
    Direct Benefit Transfer for social security and welfare pensions is to be made through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep delivery. Home delivery remains available for bedridden persons and others who cannot be excluded. The change is associated with delays in remitting undistributed amounts, record-update failures, reconciliation issues, duplicate payments, and incomplete Aadhaar-based payment implementation. Concerns have been raised that mandatory bank-account credit may disadvantage beneficiaries dependent on doorstep delivery.
    August 7, 2026
    Show AI Summary
    Direct Benefit Transfer for welfare pensions replaces doorstep cooperative-bank delivery, while home delivery remains for bedridden beneficiaries.
    Direct Benefit Transfer of social security and welfare pensions is to be made mandatory through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep distribution. Home delivery continues for completely bedridden beneficiaries and others who cannot be excluded. The change addresses delays in remitting undistributed amounts, record-update and reconciliation deficiencies, duplicate payments linked to incomplete Aadhaar-based payments, delivery incentive costs, and the need to comply with Direct Benefit Transfer norms to avoid loss of central financial assistance.
    August 7, 2026
    Show AI Summary
    Customs trade data show moderating July growth while high-technology exports, vehicles and advanced manufacturing supplies remain strongly supported.
    Customs and trade data showed that China's July export and import growth moderated and its trade surplus narrowed from the preceding month. Typhoon-related port disruptions affected trade flows, but demand for electronics and green technology products supported elevated values. High-technology items, vehicles, electronics and machinery recorded strong January-July export growth, while trade performance varied among the United States, the European Union and Southeast Asia.
    August 7, 2026
    Show AI Summary
    BRICS industrial cooperation advances MSME, photovoltaic, startup and logistics frameworks alongside resilient trade and digital services collaboration.
    BRICS industrial cooperation under PartNIR was strengthened through a Joint Declaration and institutional measures addressing MSMEs, photovoltaics, startup-led innovation, and resilient transport and logistics. The measures include an SME cooperation framework, Terms of Reference and an Action Plan for photovoltaic industry cooperation, and a startup innovation action plan. Trade discussions focused on the multilateral trading system, MSME participation in international trade, resilient global value chains, and cross-border digitally delivered services within a rules-based trading framework.

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      ELECRAMA 2025 Concludes Successfully, Showcasing Innovations and Industry Leadership

      March 4, 2025

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      Mumbai, Maharashtra, India (NewsVoir) The 16th edition of ELECRAMA 2025 organised by Indian Electrical and Electronic Manufacturers’ Association (IEEMA) wrapped up on a high note, firmly establishing itself as the premier global platform for the electrical and allied electronics industry. This edition broke previous records, by hosting over 1,000+ exhibitors, attracting more than 400,000 business visitor footfalls, and generating an estimated $20 billion in business enquiries — an undeniable testament to its unparalleled scale, influence, and global appeal.

      ELECRAMA 2025 emerged as an important platform for industry engagement, showcasing impactful B2B meetings, insightful thought leadership sessions, and constructive policy dialogues that united both global and Indian stakeholders. The event successfully facilitated over 15,000+ B2B meetings and attracted close to 500 international buyers from 80 countries, further solidifying India's stature as a reliable partner within the global electrical ecosystem.

      One of the biggest highlights this year was the launch of the New Energies Pavilion, a game-changing showcase of breakthrough technologies in Battery Storage, EV Charging Infrastructure, Digital Energy, Solar Modules, Solar Inverters, and more. This dedicated space showcased India’s rapid strides towards a sustainable and future-ready energy landscape.

      The global interest at ELECRAMA 2025 has increased. While attending the event Hon’ble Minister Bachir Camara, Deputy Minister, MEHH, Guinea said, "India’s advancements in energy and digitalization offer valuable insights for developing nations like Guinea. Strengthening collaborations with India can help us enhance our electricity systems and adopt innovative solutions. Platforms like ELECRAMA provide an excellent opportunity to explore cutting-edge technologies, engage with industry leaders, and understand best practices in renewable energy, electrification, and carbon footprint reduction. Events like these are crucial in fostering global partnerships, allowing us to learn from India’s expertise and implement sustainable energy solutions that will drive our nation's growth. We believe this is the right time to leverage India’s achievements and work together for a brighter, more energy-secure future." ELECRAMA 2025 also witnessed four MoU signings, laying the foundation for transformative collaborations in the power and electrical sector. These agreements mark a significant step in driving innovation, industry partnerships, and next-generation energy solutions.

      Highlighting the potential of the event, Kris Van den Zegel, Head of BD & Stakeholders, Eurelectric said, “ELECRAMA has been an electrifying experience, showcasing the booming Indian power sector and its remarkable growth. We were particularly impressed by the innovation, expanding capabilities of Indian companies, and the welcoming business culture. As the flagship event of IEEMA, it brings together key stakeholders to explore advancements in renewable energy, grid modernization, and digital transformation. The exhibition highlights India's rapidly expanding power sector, offering insights into emerging technologies and sustainable solutions. With global partnerships and knowledge-sharing at its core, ELECRAMA continues to position India as a hub for electrical manufacturing and energy innovation, strengthening industry connections and accelerating the transition towards a more efficient and resilient power ecosystem.” As the event draws its curtains, the significance of this year’s edition Sunil Singhvi, President, IEEMA said, "ELECRAMA 2025 has surpassed all expectations, marking yet another milestone in its journey as the world's leading platform for the electrical and power industry. The remarkable increase in visitor footfall compared to the previous edition underscores the growing global interest in India's energy and power capabilities. With over 400,000 business visitor footfalls, ELECRAMA has demonstrated its ability to bring together industry leaders, policymakers, and innovators to drive impactful collaborations and business opportunities." Vikram Gandotra, President (Elect) and Chairman, ELECRAMA 2025 also added, "Sustainability and innovation were at the heart of ELECRAMA 2025, setting new benchmarks in green electricity adoption and carbon footprint reduction. The event highlighted groundbreaking advancements in renewable energy integration, energy storage, and automation, paving the way for a greener and more sustainable future. Our collective efforts have contributed significantly to reducing carbon emissions, reinforcing India's commitment to clean energy and decarbonization. ELECRAMA continues to be a key enabler in accelerating the transition toward a low-carbon economy." Siddharth Bhutoria, Vice President, IEEMA & Vice Chairman, ELECRAMA 2025, "ELECRAMA 2025 has been a resounding success, particularly in fostering the growth of startups and emerging enterprises in the energy sector. Through initiatives like Electraverse Sparks, we have provided a dynamic platform for breakthrough innovations, enabling startups to showcase their solutions, connect with investors, and explore strategic collaborations. The overwhelming response from industry leaders and stakeholders underscores the critical role of ELECRAMA in driving innovation, nurturing entrepreneurship, and shaping the future of India's electrical and power industry." The event, inaugurated by Shri Manohar Lal Khattar, Hon’ble Union Minister of Power and Housing & Urban Affairs, highlighted the government’s commitment to strengthening India’s energy infrastructure. Delivering the keynote, Hon’ble Minister Piyush Goyal, Union Minister of Commerce & Industry, emphasized India’s energy transition, policy direction, and technological advancements. He urged the electrical industry to unify major expos, creating a world-class platform to position India as a global hub for energy and electrical solutions.

      A key highlight was the 3rd Edition of Electraverse Sparks, where 20 high-potential startups showcased breakthrough innovations in energy, AI, automation, and sustainability, driving investments and strategic collaborations. The World Utility Summit brought together 70+ speakers and 400+ delegates including Vijay Mittal (IOFS), Joint Secretary, Ministry of Heavy Industries, to discuss grid modernization, sustainable policies, and digital transformation.

      Meanwhile, ETECHnxt had 40+ unique speakers and 350+ delegates, the premier forum for emerging technologies, explored AI integration, IoT-driven smart grids, and blockchain applications in energy markets, reinforcing ELECRAMA’s role in shaping the future of the power sector.

      To mark the successful culmination of the event, ELECRAMA 2025 hosted the prestigious Awards Distribution & Exhibitor Night, celebrating excellence in innovation and industry leadership. The evening was further enhanced by a spectacular musical performance by renowned playback singer Shaan, leaving the audience enthralled.

      As ELECRAMA 2025 promoted sustainability in a big way, it was able to save 2.3 metric ton of CO2 through providing co-friendly cabs and the event on green electricity. The event leaves behind a legacy of groundbreaking discussions, cutting-edge technological showcases, and strategic collaborations that will shape the future of the electrical and power industry. The event reaffirmed India’s position as a leader in energy solutions, paving the way for a more connected, sustainable, and technologically advanced future.

      About IEEMA IEEMA is the apex association of manufacturers of electrical and industrial electronics and allied equipment in India. Established in 1948, IEEMA is the first ISO-certified industry association, encompassing the entire value chain in power generation, transmission, and distribution equipment, including new and renewable energy sectors.

      About ELECRAMA ELECRAMA is the flagship showcase of the Indian Electrical & Electronics Manufacturers' Association (IEEMA), bringing together the complete spectrum of solutions that powers the planet from source to socket and everything in between. ELECRAMA is a platform to connect the world with the Indian industry in respect of technology, new trends, and innovation for future energy transition.

      For more information about ELECRAMA 2025, please visit: elecrama.com.

      Image: ELECRAMA 2025 organized by IEEMA successfully concludes, bringing together industry leaders, innovators, and policymakers to shape the future of the electrical and power sector (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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