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    Rupee slumps 38 paise to close at 95.92 against US dollar
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September 15, 2026
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Multi-gateway digital payment collections streamline merchant routing, reconciliation, tokenisation and performance visibility through a single integration.
DBS MAX enables businesses to access multiple payment aggregators through a single integration, reducing the effort required for separate gateway connections or changes between supported aggregators. The platform supports merchant-defined intelligent routing and provides consolidated visibility across payment gateways and methods for transaction success rates, refunds and reconciliation. Gateway-agnostic card tokenisation supports movement between supported gateways, while the combined functionality is intended to improve payment resilience, optimise transaction flows and strengthen control over digital-payment collections.
September 15, 2026
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Cross-border expertise-center coordination places international teams under common leadership to promote shared standards, continuity, mobility and career development.
Natixis has placed its Portugal and India Expertise Centers under common leadership to strengthen coordination, collaboration, knowledge sharing and consistent working methods across locations. Teams are to work through shared platforms and standards, supporting business continuity across geographies and time zones. The model also promotes talent mobility and international career development while supporting global operational needs and recognising each market's circumstances.
September 15, 2026
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Personal loan pricing requires borrowers to compare lender-assessed rates, repayment tenure, fees, EMIs and total borrowing cost.
Personal loans are available to eligible customers as collateral-free credit, subject to lender assessment, eligibility criteria and applicable lending terms. Interest rate, loan amount and repayment tenure determine the monthly EMI and total repayment obligation, while processing fees and other charges form part of the overall borrowing cost. Borrowers should compare rates, EMIs, tenure, total repayment amount, fees and repayment terms. Applications involve online eligibility checking, submission of personal and financial details, review of an offer, KYC verification and completion of applicable requirements.
September 15, 2026
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Merchandise trade growth strengthened in August as exports rose faster than imports, narrowing India's trade deficit.
India's merchandise exports grew faster than imports in August 2026, reducing the merchandise trade deficit to USD 26.86 billion. Exports reached USD 43.81 billion, with engineering goods, petroleum products, chemicals and textiles supporting growth, while imports amounted to USD 70.76 billion. During April-August, both exports and imports increased. Export demand was significant in the United States, European Union, BRICS countries and other emerging economies, while gold imports declined substantially in August.
September 15, 2026
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Distributed CCS2 charging architecture receives intellectual property protection for centralized power conversion, scalable dispensers, and simplified charging-site expansion.
Granted design and utility intellectual property protection covers a distributed CCS2 EV charging architecture that centralizes power conversion in a shared Power Unit while compact Dispenser Units provide connectors, authentication hardware and displays. The arrangement supports multiple output terminals, permits scalable addition of dispensers, and avoids duplication of conversion and cooling equipment at each charging bay. Dispensers deliver up to 375A per CCS2 connector through natural air cooling and include authentication, monitoring, communication and standards-aligned charging functions.
September 15, 2026
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India-New Zealand free trade agreement is expected to grant duty-free access for Indian exports and promote bilateral investment.
India-New Zealand Free Trade Agreement is expected to enter into force from 19 October 2026. It provides duty-free access in New Zealand for all Indian exports, replacing peak tariffs applicable to specified Indian goods, including ceramics, carpets, automobiles and auto components. The arrangement is intended to expand bilateral trade in goods and services, promote investment, and includes New Zealand's investment commitment in India over a 15-year period.
September 15, 2026
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Capability export reshapes overseas expansion through localization, ecosystem deployment, and adaptation to local regulatory and cultural conditions.
Chinese corporate globalisation is moving towards capability export, involving the transfer of operating capabilities into overseas markets with local adaptation. Expansion requires understanding local rules, investing in local capabilities and building stakeholder trust. Chain-style globalisation extends industrial ecosystems through suppliers and partners, while swarm-style globalisation enables smaller firms to use industrial clusters, platforms and logistics networks. Overseas operations must address fragmented demand, regulatory complexity, local-content requirements, supply-chain gaps and cultural differences. Cross-border acquisitions require executives who bridge organisational, cultural and institutional divides.
September 15, 2026
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Credit-card travel promotions enable eligible cardholders to receive booking discounts and instalment options, subject to partner terms.
Eligible AU Small Finance Bank credit-cardholders may obtain partner-platform discounts on flight, hotel, holiday-package and related travel bookings, subject to validity periods, minimum transaction requirements, eligible card variants and applicable card tiers. Select platforms also provide no-cost or low-cost EMI arrangements with instant discounts or cashback for eligible travel purchases. Cardholders should review partner-specific conditions before booking. The AU 0101 application enables transaction tracking, balance monitoring, eligible-purchase EMI conversion and credit-card bill payments.
September 15, 2026
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Official Language Hindi implementation and innovative official use receive recognition for advancing departmental language compliance and adoption.
Department of Financial Services received the First Prize under the Rajbhasha Kirti award for outstanding implementation and innovative achievements in Official Language Hindi during 2025-26. Recognition was conferred for effective use of Hindi in official work, efforts to maximise its departmental use, and promotion of innovative and creative Hindi-language practices.
September 15, 2026
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Expansion of the India-MERCOSUR Preferential Trade Agreement begins negotiations to broaden cooperation and define the future agreement's scope.
Expansion of the India-MERCOSUR Preferential Trade Agreement has entered negotiations to broaden the existing arrangement into areas of mutual interest. The proposed expansion seeks to deepen economic relations and create greater benefits and opportunities for the respective private sectors. Terms of Reference are being finalised to define the scope and structure of the future expanded agreement.
September 15, 2026
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Electronic Certificates of Origin gain equal validity under preferential trade arrangements, enabling paperless customs procedures.
The First Additional Protocol recognises electronic Certificates of Origin as having the same legal validity and value as paper certificates under the India-MERCOSUR Preferential Trade Agreement. Electronic certificates must be issued and electronically signed by duly authorised entities and officials under the respective domestic legislation of the Parties. The amendment supports paperless trade documentation and electronic verification of origin for preferential tariff treatment, subject to completion of internal procedures and reciprocal notification.
September 14, 2026
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Inflation-targeting framework guides policy-rate decisions as elevated food, energy and wholesale costs increase risks to consumer prices.
The inflation-targeting framework requires Consumer Price Index-based inflation to be maintained at 4 per cent, subject to a margin of 2 per cent on either side. The Monetary Policy Committee takes retail inflation into account when determining the policy repo rate. Wholesale price inflation rose with higher food, manufactured-item, fuel and power inflation, while elevated energy, food and input costs may transmit producer-level pressures to retail prices.
September 14, 2026
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Money-laundering investigation into recruitment examination irregularities proceeds from police and vigilance FIRs concerning selection of panchayat development officers.
Alleged irregularities in the 2016 recruitment examination for Gram Panchayat Vikas Adhikari posts in Uttarakhand are under money-laundering investigation under the Prevention of Money Laundering Act. The case arises from four police and vigilance FIRs concerning the examination conducted by the state service selection commission. Enforcement action included a search of the premises of a personal assistant to a former Chief Minister and seizure of cash and valuables.
September 14, 2026
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Territorial jurisdiction requires material cause-of-action facts, not incidental business connections, in challenges to advertising regulatory notices.
Territorial jurisdiction in challenges to regulatory show-cause notices requires a substantial and material connection between the dispute and the forum. A company's registered office, payment arrangements, campaign management, or engagement of brand ambassadors do not confer jurisdiction when they have no direct bearing on the validity of notices issued elsewhere. Incidental or background facts cannot be presented as a cause of action. Forum conveniens favours the forum most closely connected with the regulator, the notice recipients, the alleged activity and the asserted statutory violations.
September 14, 2026
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Postal network public-service delivery expands last-mile banking, pension and citizen services while employee matters undergo administrative examination.
Postal network-based public-service delivery is being expanded beyond traditional mail carriage to support government programmes, citizen outreach and last-mile access. Doorstep banking, India Post Payments Bank, Aadhaar-related facilities, PAN services, Passport Seva services, digital pension services and Digital Life Certificates are intended to bring financial and essential services closer to citizens, including villages and households. Employee organisations' service, recognition, representation and pension-related concerns are subject to examination through the appropriate administrative process under applicable rules and legal and financial considerations.
September 14, 2026
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Inflation-targeting framework faces pressure as food-driven retail and wholesale price increases inform upcoming monetary policy decisions.
Consumer Price Index-based retail inflation rose to 4.82 per cent in August, exceeding the Reserve Bank's median target and reflecting higher food prices. Wholesale price inflation also increased, led by higher food, manufactured-item, and fuel-and-power inflation. The inflation-targeting framework requires the Reserve Bank to maintain Consumer Price Index-based inflation at 4 per cent, subject to a tolerance margin of 2 percentage points on either side. Consumer price inflation is a material consideration for monetary policy rate decisions.
September 14, 2026
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Import prohibition enforcement targets Pakistan-origin dry dates routed through third countries using transshipment and false origin declarations.
India's prohibition on direct or indirect import or transit of goods originating in or exported from Pakistan applies to goods routed through third countries. DRI seized dry dates declared as UAE-origin after preliminary investigation indicated shipment from Karachi to Jebel Ali, transfer into different containers, and onward movement to India. Enforcement under Operation Deep Manifest targets evasion through misdeclaration of origin, transshipment and manipulation of import documentation.
September 14, 2026
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Gold loan valuation and repayment planning depend on applicable interest, tenure, LTV limits, and final physical gold assessment.
Gold loan borrowing is subject to the applicable interest rate, repayment tenure, gold valuation, Loan-to-Value limits and borrower eligibility. An online calculator can estimate interest repayment using the proposed loan amount, rate and tenure, while a gold rate calculator may estimate the potential loan amount. Final eligibility and loan amount require physical assessment of pledged gold, including purity, eligible weight, applicable LTV limits and valuation methodology. Calculator results are indicative, and applicable charges and repayment terms should be checked before applying.
September 14, 2026
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Plant-based protein adequacy depends on varied, calorie-adequate eating patterns, with supplements reserved for defined dietary gaps.
Plant-based protein adequacy depends on the overall eating pattern, including dietary diversity, calorie sufficiency, digestibility, meal composition, and individual life-stage and health needs, rather than protein grams or individual-food labels. Protein-quality scores and high-protein claims do not by themselves establish nutritional quality. Focused assessment is needed for persons at greater risk of inadequate intake, including children, pregnant or breastfeeding women, older adults, and persons with restricted intake or illness. Supplements should be used selectively only where food cannot meet a defined dietary gap.

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Customs, DGFT & SEZ

Export of Food Products.

September 3, 2012

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Press Information Bureau

Government of India

Ministry of Commerce & Industry

03-September-2012 16:44 IST

Export of Food Products

In view of adequate availability Government has permitted export of Non Basmati Rice, Wheat, Onion, and certain Milk products, which were banned during the last few years. Details are as under:

Non Basmati Rice: Government has permitted export of non-basmati rice through Notification No. 71 dated 09.09.2011. Its export was prohibited since October, 2007.

Wheat: Government has permitted export of wheat through Notification No. 72 dated 09.09.2011. Its export was prohibited since October, 2007.

Onion: Export of onion has been free except for brief period of (i) 22.12.2010 to 18.02.2011 and (ii) 09.09.2011 to 20.09.2011 during which export was banned.

Milk Products: Ban was imposed on export of milk powders and casein & casein products on 18.02.2011. Ban on export of casein and casein products was removed and it was restricted with effect from 01.05.2012. Thus, it became exportable under license. Export of Skimmed Milk Powder was made free w.e.f. 08.06.2012.

There is no quantity restriction on export of above products.

This information was given by Minister of State for Commerce and Industry, Shri Jyotiraditya M. Scindia in a written reply to a question raised in the Lok Sabha today.

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Acts Income Tax