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September 25, 2026
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Interest-free working capital assistance for FCV tobacco growers supports liquidity, institutional loan repayment, crop inputs, and reduced private borrowing.
A one-time, interest-free working-capital loan of Rs. 50,000 per barn is approved for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering about 44,000 growers, the assistance is proposed to be delivered through direct benefit transfer. It is intended to provide liquidity for household requirements, institutional loan repayment and crop inputs, while reducing dependence on private borrowing.
September 25, 2026
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Government securities auction calendar establishes retail bidding access, flexible issuance terms, greenshoe subscriptions, and periodic debt switch operations.
Each auction carries a non-competitive bidding facility, under which five per cent of the notified amount is reserved for specified retail investors. The Government may modify indicated amounts, issuance periods and maturities, and may issue instruments with non-standard maturities, floating-rate bonds or inflation-indexed bonds, having regard to governmental requirements, market conditions and other relevant factors. It may retain additional subscriptions through a greenshoe option and conduct switch or buyback auctions of dated securities.
September 25, 2026
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Market borrowing plan sets dated securities auctions, Treasury Bill issuance, redemption management, and temporary cash-flow support.
Government market borrowing for the second half of FY 2026-27 is to be raised through weekly auctions of dated securities, including Sovereign Green Bonds, across maturities from 3 to 50 years. Debt-management measures include switching and buyback operations to smooth the redemption profile and a greenshoe option for additional subscriptions. Treasury Bills are to be issued through weekly auctions in 91-day, 182-day and 364-day maturities. The Ways and Means Advances limit is fixed to address temporary mismatches in government accounts.
September 25, 2026
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GI-tagged agricultural exports expand farmer access to international markets through FPO-led value chains and higher price realisation.
APEDA facilitated the export of a one-metric-tonne consignment of GI-tagged Gulbarga Tur Dal from Karnataka to the Maldives through an FPO-led brand. Gulbarga Tur Dal has held GI registration since 2019. The export-linked channel provides farmers a realisation of Rs.82 per kg compared with a prevailing market price of Rs.60 per kg, while supporting closer integration of FPOs and farmers into export-oriented supply chains.
September 25, 2026
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Trader welfare policy discussions covered GST reform, digital commerce, finance access, export promotion, and coordinated institutional support.
Deliberations covered GST rationalisation, refund delays, audit duration, amnesty schemes, input tax credit anomalies and pending appeals, alongside proposed inclusion of traders in MSME facilitation committees, a centralised loan portal with a 30-day timeline, CIBIL score reforms and grievance helplines. Trader welfare measures considered timely contractor payments, safeguards against technical penalties, loan-repayment flexibility during lean periods and stronger Centre-State coordination.
September 25, 2026
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Gold smuggling through powdered gold concealed in food products led to seizure and arrests under customs law.
Intelligence-led interception and baggage examination identified foreign-origin gold converted into fine powder and mixed with packaged food products of similar colour, texture and consistency. Segregation and assaying yielded 9.40 kg foreign-origin gold, which was seized under the Customs Act, 1962. Questioning linked the passengers to the same organised gold-smuggling syndicate, and they were arrested under that Act.
September 25, 2026
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Customs seizure of suspected smuggled areca nuts and restricted poppy seeds followed intelligence-led cross-border enforcement operations.
Intelligence-led customs enforcement in Mizoram and Assam resulted in seizure, under the Customs Act, 1962, of suspected foreign-origin areca nuts and poppy seeds believed on preliminary inquiry to have been smuggled from Myanmar. Searches of locked, unattended godowns near the Indo-Myanmar border recovered the commodities, while interception of two trucks carrying poppy seeds without valid import documents led to seizure of the consignments and vehicles. Four persons connected with transportation of the poppy seeds were arrested.
September 25, 2026
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Industrial control system cybersecurity certification validates system-level protection across wind farm controls, networks, and lifecycle security services.
IEC 62443-3-3 Security Level 2 certification applies to a wind farm control system covering SCADA, PPC, PLC and industrial network devices. It assesses system-level security requirements, including the interaction of components, networks and security mechanisms within an overall industrial control environment. The cybersecurity framework also spans secure development, certified core control components, system-level protection, and security integration and maintenance services across the lifecycle of wind energy technologies.
September 25, 2026
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Foreign exchange reserve composition reflects a weekly decline driven by foreign currency assets despite a modest gold increase.
India's foreign exchange reserves declined by USD 14.881 billion to USD 765.901 billion for the week ended 18 September 2026. The contraction was principally driven by a reduction in foreign currency assets, which also reflect valuation effects from movements in non-US reserve currencies. Gold reserves increased, while Special Drawing Rights decreased and the reserve position with the International Monetary Fund remained reported separately.
September 25, 2026
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Five-day banking proposal remains under consideration amid strike plans and measures for uninterrupted banking and advance disbursements.
Five-day banking remains under governmental consideration, with no Finance Ministry commitment to implementation. Unions linked the proposal to the 12th Bipartite Settlement/9th Joint Note, which contemplated extended Monday-to-Friday working hours. Family pension revision and a pension option for resignees were identified as addressed, while withdrawal of the Performance Linked Incentive scheme remains in abeyance. Public sector banks were instructed to remain open on the preceding Sunday, and central government salaries, wages and pensions were directed to be disbursed in advance.
September 25, 2026
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Alternative fuel transition promotes ethanol, electric and hydrogen mobility to reduce imports, pollution, and strengthen farm income.
Alternative-fuel and public-transport measures seek to reduce dependence on imported petroleum, curb air pollution, and support farmer income and employment. Ethanol is positioned as a farm-income source through increased demand and returns for maize growers, alongside electricity, hydrogen and waste-derived CNG. Development and introduction of flex-fuel vehicles, using engines capable of operating on ethanol, electric tractors, hydrogen-powered vehicles and hydrogen buses form part of a cleaner-mobility strategy.
September 25, 2026
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Foreign-exchange market intervention expectations supported rupee appreciation amid improved risk sentiment, while importer demand and crude prices constrained gains.
Foreign-exchange market conditions supported a 19-paise appreciation of the rupee to 95.80 against the US dollar, aided by improved global risk sentiment and expectations of Reserve Bank intervention. Dollar demand from importers, high crude prices and US dollar strength constrained gains. Lower crude prices and dollar weakness could support the rupee, while geopolitical escalation may create pressure. Market participants expected intervention if the currency weakened toward 96.
September 25, 2026
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Credit health assessment combines score, repayment history, utilisation, accounts and enquiries to support informed borrowing and profile monitoring.
Credit health is broader than a numerical credit score and encompasses the way credit has been managed over time. Credit analysis requires a combined review of the score, repayment history, credit accounts, credit utilisation, credit history and credit enquiries. A credit report may identify management of EMIs and credit-card dues, existing borrowing obligations, use of revolving credit relative to available limits, and recent lender checks associated with credit applications. Incorrect or unfamiliar entries may be reviewed and, where necessary, raised with the relevant lender or credit bureau.
September 25, 2026
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Fuel-price mitigation measures use tax reductions, targeted subsidies and energy-security policies to ease pressure on households and energy-intensive industries.
European fuel-price intervention combines targeted subsidies, fuel-tax reductions, temporary regulatory flexibilities and energy-security investment to moderate the economic effects of sharply higher gasoline and diesel prices caused by disrupted supplies. Member States have temporary discretion to grant state aid to households and energy-intensive sectors, including agriculture, transport and fishing, and limited flexibility under EU spending rules for investments that improve energy security and reduce dependence on imported fossil fuels.
September 25, 2026
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AI management certification anchors responsible lifecycle governance, transparency, accountability, security, and human oversight for agentic loyalty systems.
ISO/IEC 42001:2023 certification applies to an Artificial Intelligence Management System governing AI development, deployment, oversight and continual improvement within the GRAVTY platform. The framework supports AI-related risk management, responsible governance, transparency, accountability, security and human oversight throughout the AI lifecycle. Its scope includes supervised and unsupervised learning models and large language models supporting personalised engagement, fraud management, loyalty intelligence, autonomous decision-making, operational automation and workflow support.
September 25, 2026
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Digital warehousing controls propose electronic tracking, secure transport, monthly returns, and risk-based compliance verification for warehoused goods.
Draft Warehousing Operations Regulations, 2026 would require public and private warehouse licensees to use the electronic portal and a digital warehouse management system for receipt, storage, transfers, removals and accounting of warehoused goods. Transport would generally require a one-time-lock and transit-risk insurance, subject to specified exemptions. Licensees would verify locks and goods, report discrepancies, maintain auditable electronic records, submit monthly returns, and permit removals for home consumption or export only upon electronic clearance orders. Non-confirmation, discrepancies and contraventions would trigger information demands, risk-based verification and action under the Customs Act.
September 25, 2026
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Technology risk governance requires banks to retain accountability, test resilience, and govern artificial intelligence before scaling financial services.
Technology risk governance must treat technology architecture as a first-order enterprise risk, alongside conventional financial risks, because the availability and integrity of core banking, payments, onboarding, credit, fraud-monitoring and reporting systems determine whether customers can access essential financial services. Banks may outsource technology functions but retain accountability for access controls, concentration, recoverability, data protection and exit options. Effective resilience requires secure architecture, asset visibility, timely remediation of vulnerabilities and legacy systems, identity and access management, effective controls, third-party oversight, post-incident learning, and regular recovery testing.

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Customs & Trade

New Product Launches, Special Sessions & Summits, and Key Insights at GTTES 2025 set to revolutionize the Textile Machinery Sector

March 6, 2025

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Mumbai Mar 06, 2025: The Indian International Textile Machinery Exhibitions Society (India ITME Society) successfully conducted the Global Textile Technology and Engineering Show (GTTES 2025) from 21st to 23rd February at the Bombay Exhibition Centre, Goregaon (East), Mumbai. The three-day event was another milestone for the textile industry of India in demonstrating its technological progress and promoting global cooperation in the field of textile machinery.

GTTES 2025 was graced by the presence of prominent personalities, such as Dr. Kailash Shinde, Commissioner of the Navi Mumbai Municipal Corporation, and Mrs. Roop Rashi Mahapatra, the Textiles Commissioner of the Government of India, and many other esteemed dignitaries from across the globe. Their presence served to underline the importance of this event in determining the continued development of the entire textile industry in India and globally.

Mr Ketan Sanghvi, Chairman and members of the steering committee of India International Textile Machinery Exhibitions said, "GTTES 2025 is dedicated to magnifying business and trade for textile machinery manufacturers. This exclusive forum allows participants to interact with agents and dealers, not only from India but also from across the globe, facilitating invaluable connections and partnerships. The exhibition will serve as a launching pad for companies to showcase their latest products and innovations.” The event was characterized by historic product releases and exhibitions by top industry leaders. Some of the major highlights included the launching of new products by the likes of Laxmi Shuttleless Looms Pvt Ltd, ColorJet India Limited, Caru-Natex, Ingersoll-Rand (India) Limited, among others. These offerings captured the trend of the industry to advance technology and improve efficiency in various segments of the textile machinery market, including weaving, digital printing, processing, and spinning.

A special session was organized by the Government of India – Bureau of Indian Standards (BIS) which highlighted the role of standardization in textile machinery. The most memorable part of GTTES 2025 was the inauguration of India ITME 2026 and the India ITME Awards, honoring remarkable achievements in the textile sector. It also featured a Symposium on Indigenous Development of Textile Machinery, sponsored by the Veermata Jijabai Technological Institute (VJTI) jointly with the Federation of Societies for Indian Development (FSID) and the Indian Institute of Science (IISC) Bangalore Chhattisgarh Investment Summit and B2B sessions with overseas delegates were a great platform for networking, cooperation, and the establishment of new alliances. The event was a huge success in terms of providing a platform for interaction between domestic and global stakeholders, enhancing the global presence of India's textile machinery industry.

Praveen Shukla, Additional Director, Chhattisgarh State Industrial Development Corporation Limited said, “The textile sector is one of the key contributors to Chhattisgarh’s economy, with exports amounting to $35.9 billion over 24 years, contributing 2.3% to India’s GDP and 10.5% to national exports. Chhattisgarh is a power surplus state, supplying power to 13 other states, and providing uninterrupted power supply for businesses, a crucial factor for industrial growth. It is set to become the textile hub of tomorrow, with growing exports in cotton, silk, and man-made fabrics, and an upcoming textile park in Jangir Champa. With more than 25,000 MSMEs and over 1,400 DPIT-registered startups, Chhattisgarh is fostering a thriving entrepreneurial ecosystem.” The B2B Pavilion also signed several Memorandums of Understanding (MOUs) between leading industry players such as the Asian Arab Chamber of Commerce. The MOUs were important collaborations that would promote innovation and development in the textile industry.

The event also included many informative sessions on important industry issues, such as a Post-consumer Textile Recycling session that focused on sustainable methods in the industry titled “Threads of Transformation.” A Recycled, Upcycled & Sustainable Fashion Art & Fashion Show showcased innovative solutions to problems of textile wastage and appealed for sustainability throughout the fashion and textile industries.

In its last day, the event was attended by a variety of professionals from all over the textile and machinery sectors. It provided a complete overview of the newest technology developments and presented a business development platform, and an insight into the future trends within the textile machinery sector.

GTTES 2025 solidified India's leadership in textile technology and innovation globally, with the event serving as a key driver of the textile machinery industry. The exhibition offered a valuable platform for businesses to showcase their products, network with prospective customers and partners, and remain current on the most recent industry trends.

The India ITME Society extends its gratitude to all participants, exhibitors, and attendees for the success of the event and welcomes the next edition of India ITME 2026.

About GTTES 2025: A remarkable exhibition showcasing the needs of the Textile Industry, an exclusive forum to explore the fascinating world of textiles through stunning displays, interactive installations, and thought-provoking artwork. It is an opportunity to immerse yourself in creativity and inspiration.

The exhibition promises to be an unforgettable journey and it is dedicated to magnifying the business and trade for Textile Machinery Manufacturers, through interaction with agents/dealers not only from India but also from across the Globe. It serves as a platform for companies to demonstrate their products, network with potential clients and partners, and stay updated on industry trends of Textile Business. The textile industry also accounts for 13% of industrial production, 2.3% of GDP, and 12% of foreign exchange inflows into the nation. India has a 4% share of the global trade in textile and apparel.

About India ITME Society: India International Textile Machinery Exhibitions Society (India ITME Society) is a non- profit apex industry body established in 1980 to support and serve the Textile Engineering Industry through exhibitions, Events, Trade Promotion Services, Education Scholarships, Student Placements, and Consultancy etc. India ITME Society plays a pivotal role in strengthening the domestic as well as international Textile Industry by facilitating exchange of knowledge, technology transfer & encourages Foreign Direct Investments & Joint Ventures etc.

(Disclaimer: The above content is a press release and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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