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    Competition Commission of India (CCI) hosts BRICS Heads of Competition Authorities 2026 meeting
    ICoAS fraternity reaffirms commitment to cost optimisation for Atmanirbhar Bharat on ICoAS day 2026
    Govt to introduce bill in Lok Sabha to broaden NCDC's mandate for co-operative sector growth
    AAP govt indulged in large-scale financial irregularities, caused losses to exchequer: Delhi minister
    ED files chargesheets in 2 PMLA cases against Anil Ambani Group companies, ex-executives
    RJD criticises UDF govt's move not to disburse pensions through cooperative banks
    Raymond Limited reports a healthy Q1 FY27 performance
    Why Most People Choose the Wrong Savings Account And How Not to Be One of Them
    RBI has proactively helped UCBs; cooperatives should look at regulator differently: Shah
    Ministry of Agriculture, Food and Rural Affairs and aT Host '2026 K-Food Fair in New Delhi, India'
    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
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    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, ...
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    August 10, 2026
    Show AI Summary
    UPI transaction charges remain unavailable for consumers and person-to-person payments, while limited threshold-based merchant MDR may be considered.
    Proposed amendment of section 10A of the Payment and Settlement Systems Act, 2007 is intended to support UPI sustainability, technological advancement and resilience. Consumer payments and person-to-person transactions are to remain free. Any future merchant discount rate would apply only to limited merchant transactions above a threshold, at a nominal rate, while most merchant transactions remain free. The framework supports investment in cybersecurity, fraud prevention and infrastructure, alongside a self-sustaining and inclusive digital-payment ecosystem.
    August 10, 2026
    Show AI Summary
    Fair competition cooperation in renewable energy markets advances knowledge-sharing and evidence-based enforcement across interconnected digital and energy markets.
    BRICS competition authorities adopted a Joint Statement strengthening cooperation to promote fair competition, including in renewable energy markets. Cooperation focuses on dialogue, knowledge-sharing and consideration of cross-border competition challenges in digital markets, emerging technologies and the energy transition. Competition enforcement is to remain principled and evidence-based, supporting efficiency, consumer welfare, innovation and merit-based competition. A collaborative renewable-energy competition study identified evolving market dynamics and areas for future cooperation.
    August 10, 2026
    Show AI Summary
    Cost optimisation in public finance strengthens investment decisions, risk allocation, indigenous manufacturing and value-driven government expenditure through specialised financial expertise.
    ICoAS cost optimisation supports public financial management through prudent resource utilisation, financial oversight and improved cost management across government. Its role includes supporting indigenous manufacturing, better investment decisions, efficient public expenditure and maximum value for public spending. With greater private-sector participation and Public-Private Partnerships, ICoAS officers are expected to promote cost efficiency, appropriate risk allocation and sound project structuring. Capacity building emphasises integrity, financial modelling, data visualisation, analytical frameworks and artificial intelligence for improved public-finance management.
    August 9, 2026
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    Co-operative development financing would expand through direct assistance, share-capital participation and wider operational powers for sectoral support.
    National Cooperative Development Corporation (Amendment) Bill, 2026 proposes to broaden the Corporation's mandate to promote co-operative development. It would permit direct loans and grants to co-operative societies and other entities engaged in co-operative development, where funds are used for co-operative purposes. With Central Government approval, the Corporation could participate in the share capital of such entities. The proposals also expand the meaning of foodstuffs, remove geographical restrictions for industrial-goods assistance, and provide additional functional powers.
    August 9, 2026
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    GST compliance failures and electricity subsidy controls raise allegations of financial irregularities and potential losses to the public exchequer.
    Allegations based on a Comptroller and Auditor General report identified purported GST compliance failures involving outstanding tax liabilities, e-way bills generated after cancellation of GST registrations, limited bill scrutiny, non-compliance, and turnover mismatches. The allegations also concerned electricity subsidies extended to consumers with prolonged zero bills or apparent non-residence, presenting these issues as possible financial irregularities and losses to the public exchequer.
    August 9, 2026
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    Money-laundering prosecution complaints allege fund diversion through shell entities, credit-facility evergreening, layered transactions and fictitious project expenditure.
    Money-laundering prosecution complaints allege that funds from toll-road projects and credit facilities were diverted through group companies, contractors, shell entities and conduit accounts. In the toll-road matter, allegedly sham or back-dated subcontracting arrangements and subsequent documentation were used to portray transfers as genuine project expenditure. In the credit-facilities matter, fresh facilities were allegedly used to repay, rotate and evergreen earlier liabilities rather than for sanctioned end-use, with funds layered and presented as legitimate business expenditure or receipts. Attached assets are sought to be confiscated as alleged proceeds of crime.
    August 9, 2026
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    Direct Benefit Transfer pension disbursement replaces cooperative-bank doorstep delivery, while preserving home payments for beneficiaries unable to use bank accounts.
    Direct Benefit Transfer of social security and welfare pensions to Aadhaar-linked bank accounts is intended to replace cooperative-bank doorstep delivery, except for bedridden and similarly situated beneficiaries. The change addresses delays in remitting undistributed pensions, deficient record updates and reconciliation, duplicate payments, delivery incentives, and compliance with Direct Benefit Transfer norms. Criticism focuses on beneficiary access to linked commercial-bank accounts, possible minimum-balance deductions, exclusion of cooperative banks, and the effect on doorstep-delivery workers.
    August 8, 2026
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    Engineering business growth supported Raymond's first-quarter performance, with export expansion, capacity investment and net-debt-free financial flexibility.
    Raymond Limited reported unaudited first-quarter FY27 growth in total income, EBITDA and profit before tax before exceptional items, while remaining net-debt-free with a net cash surplus. Its Engineering business comprises Precision Technology & Auto Components and Aerospace & Defence. Growth in the former was attributed to export expansion, operating leverage, product mix and cost reductions. Aerospace & Defence growth was linked to production for global OEMs, portfolio expansion and increased capacity, although margins were affected by targeted research and development investment. Forward-looking statements remain subject to regulatory, political, economic and technological risks.
    August 8, 2026
    Show AI Summary
    Savings account selection requires comparison of effective interest, fees, digital service, access, and individual banking needs.
    Savings-account selection should compare effective interest returns under slab-based rates, recurring operating charges and the customer's actual banking needs. Net value depends not only on advertised rates but also on relevant minimum-balance, card, ATM, alert and transfer fees. Digital reliability, customer support, branch availability and ATM access should be assessed according to the customer's average balance, cash use, transfer frequency, travel patterns and need for in-person assistance. The suitable account is one that matches real banking behaviour.
    August 8, 2026
    Show AI Summary
    Urban cooperative bank regulation promotes licensing, governance, compliance support and cybersecurity measures to strengthen stability and depositor confidence.
    Urban cooperative banks are encouraged to recognise regulatory support through liberalised branch opening, doorstep banking, demand drafts, life certificates, dedicated regulatory coordination, enhanced gold-loan limits, one-time settlements and progress towards on-tap licensing. Sound governance is material to sectoral stability, while small-borrower lending is presented as a comparatively safe lending segment. The umbrella body can support member banks through technical expertise, compliance assistance, cybersecurity solutions and participation in a security operations centre to strengthen depositor confidence.
    August 8, 2026
    Show AI Summary
    Korean food export promotion combines buyer consultations, regulatory guidance and consumer experiences to support entry into Indian and South Asian markets.
    Korean food export promotion in India and South Asia combined business consultations with consumer-facing activities. Individual meetings connected Korean exporters with regional buyers and generated memoranda of understanding for products including frozen gimbap, ginseng wine and kombucha. Exporters received on-site guidance concerning non-tariff barriers, including food import customs clearance and certification requirements. Preparatory online sessions addressed import procedures, regulatory matters and consumer trends, while consumer events promoted Korean food through tasting, retail and experiential activities.
    August 8, 2026
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.

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      MSI Announces the availability of RTX 50 series of laptops in India

      March 13, 2025

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      MUMBAI, India, March 13, 2025 /PRNewswire/ -- MSI, the innovative computing manufacturer in gaming, creator, and business laptops has announced the availability of its much-anticipated RTX 50 Series laptops in India. Featuring the latest processors from AMD and Intel, along with NVIDIA GeForce RTX™ 50 Series GPUs, these hi-tech devices redefine performance, design and AI-driven computing. The new lineup featuring the Titan, Raider, Stealth and Vector series caters to a diverse range of users, from hardcore gamers to creative professionals. Starting at INR 2,99,990/-, the RTX 50 Series laptops are now available across leading retail stores, MSI authorized stores and e-commerce platforms.

      MSI's RTX 50 Series laptops integrate game-changing AI capabilities powered by NVIDIA DLSS 4, allowing users to enhance gaming performance, accelerate creative workflows, and generate images at unprecedented speeds. The lineup features ultra-fast DDR5-6400 memory, stunning 4K Mini LED displays, and MSI's advanced thermal management, ensuring exceptional power efficiency and performance. Our flagship model, the Titan 18 HX Dragon Edition Norse Myth, comes equipped with an 18-inch 4K Mini LED display with a 120Hz refresh rate, Intel Core Ultra 9 285HX processor, NVIDIA GeForce RTX 5090 GPU with 24GB GDDR7 VRAM, and up to 96GB of RAM. Notably, the Titan and Raider models feature a combination of PCIe Gen 5 and Gen 4 SSDs, offering flexible storage configurations. In India, these laptops are available for pre order till 31st March 2025, with prices beginning at INR 2,99,990/- To celebrate the launch, MSI is offering exclusive pre-order deals and bundled offers across its brand stores and authorized retail partners. Customers purchasing select Titan, Raider, and Vector models can enjoy instant discounts of up to INR 60,000/-, making it the perfect time to upgrade to the latest in gaming and performance technology. Additionally, MSI is also offering a special coupon worth INR 3,000/- for purchases made at MSI Exclusive Brand Stores, along with a USD 30 Steam Wallet code, adding even more value to the offers. These launch offers are available exclusively at MSI Exclusive Brand Stores and select online partners.

      To know more: https://in.msi.com/Promotion/2025-rtx50-gaming-laptops/nb Commenting on this exciting announcement, Mr. John Hung, NB General Manager, MSI India, said "With the rapid evolution of AI, gaming and content creation, MSI remains committed to pushing the boundaries of performance and innovation. The RTX 50 Series represents a new era of computing, integrating cutting-edge AI capabilities, advanced thermal engineering, and next-gen graphics to deliver an unparalleled user experience. India is a key market for MSI and with its rapidly growing gaming and creator ecosystem, we recognize the increasing demand for high-performance computing solutions. As we introduce this powerful lineup in India, we aim to empower gamers, creators, and professionals with best-in-class technology, ensuring they have access to the tools needed to excel in an increasingly competitive digital landscape. This reflects our long-term vision to support and grow with this dynamic community of India." Titan 18 HX Dragon Edition Norse Myth This limited-edition laptop's stunning design is inspired by Norse mythology, with a 3D dragon motif created using advanced metal etching techniques on the lid and a 3D ring on the palm rest area. Each laptop is handcrafted, as skilled craftsmen manually polish the intricate designs, making every unit unique. The laptop bundles with exclusive items, including a *3D Dragon Keychain, mouse, mouse pad, and color box. Powered by the latest Intel® Core™ Ultra 9 processor 285HX and up to NVIDIA® GeForce RTX™ 5090 Laptop GPU, this desktop replacement boasts the latest PCIe Gen 5 SSD with a dedicated cooling pipe and vapor chamber cooling, along with support for Thunderbolt™ 5, all contributing to actual desktop-level performance.

      MSI's OverBoost Ultra technology further enhances the laptop's capabilities by maximizing the combined performance of the CPU and GPU. It can manage a total power of *270W from the CPU and GPU. The laptop also features a stunning 18" 4K Mini LED display with a 120Hz refresh rate, bringing users' visual experience to life. Available at a starting price of INR 6,29,990/-, this laptop is a true fusion of power, craftsmanship, and next-gen innovation, designed for those who demand the ultimate performance.

      MSI also has the non-limited (standard) version Titan 18 HX AI available for users.

      MSI Raider series Features up to the latest AMD Ryzen™ 9 9955HX3D Processor or Intel® Core™ Ultra 9 processor 285HX, NVIDIA® GeForce RTX™ 5090 Laptop GPU, and latest PCIe Gen 5 SSD, the Raider series is a true gaming powerhouse. An innovative, dedicated heat pipe is designed for the Gen 5 SSD to ensure the read speed stays at its best. The AMD Ryzen™ 9 9955HX3D Processor, featuring the latest Zen 5 architecture, utilizing the re-engineered 2nd Gen AMD 3D V-Cache™ technology for a massive gaming boost, gamers can now enjoy the ultimate gaming experience and customizable RGB light design on the MSI Raider series. Available at a starting price of INR 4,29,990/-, the Raider series is engineered for gamers who demand uncompromising performance, superior thermal efficiency, and a visually immersive experience, setting a new benchmark for high-performance gaming laptops.

      MSI Vector series The Vector series delivers exceptional performance that gamers, engineers, and creators can rely on, all wrapped in a sleek and stylish industrial design with a striking, cool cosmos gray finish. These laptops are equipped with either up to Intel® Core™ Ultra 9 processor 275HX or the AMD Ryzen™ 9 9955HX Processor, along with the NVIDIA® GeForce RTX™ 5090 Laptop GPU. The Vector series offers the performance and reliability needed for demanding AI applications and 3D design software. Available at a starting price of INR 2,99,990/-, the Vector series is designed for professionals and creators who need precision, speed, and stability, making it the ultimate tool for high-performance workflows.

      Model Key Specifications Promotion Price Titan 18 HX Dragon Edition Norse Myth A2XWJG Intel® Core™ Ultra 9 Processor 285HX/ NVIDIA® GeForce RTX™ 5090 - GPU 24GB GDDR7 / DDR5-6400 48GB*2/ 6TB Storage (2TB NVMe PCIe Gen5x4 SSD + 2TB NVMe PCIe Gen4x4 SSD*2) INR 6,29,990/- Titan 18 HX AI A2XWJG Intel® Core™ Ultra 9 Processor 285HX / NVIDIA® GeForce RTX™ 5090 - GPU 24 GB GDDR7 / DDR5-6400 32GB*2 /6TB Storage (2TB NVMe PCIe Gen5x4 SSD + 2TB NVMe PCIe Gen4x4 SSD*2) INR 5,87,990/- Raider 18 HX AI A2XWJG Intel® Core™ Ultra 9 Processor 285HX / NVIDIA® GeForce RTX™ 5090 – GPU 24 GB GDDR7 / DDR5-6400 32GB*2/ 4TB Storage (2TB NVMe PCIe Gen5x4 SSD + 2TB NVMe PCIe Gen4x4 SSD) INR 4,99,990/- Raider 18 HX AI A2XWIG Intel® Core™ Ultra 9 Processor 285HX /NVIDIA® GeForce RTX™ 5080 – GPU 16 GB GDDR7 / DDR5-6400 32GB*2 /4TB Storage (2TB NVMe PCIe Gen5x4 SSD + 2TB NVMe PCIe Gen4x4 SSD) INR 4,29,990/- Vector 16 HX AI A2XWIG Intel® Core™ Ultra 9 Processor 275HX / NVIDIA® GeForce RTX™ 5080 – GPU 16 GB GDDR7 / DDR5 16GB*2 /1TB Storage (NVMe PCIe Gen4x4 SSD) INR 2,99,990/- *Optional. Actual specifications may vary based on the configuration.

      *Support for Thunderbolt™ 5 may vary based on the configuration.

      *270W was tested under extreme performance mode by the MSI Center with AC power.

      *Pricing may vary based on selected configurations and specifications.

      For high-res images, please visit: https://drive.google.com/drive/folders/14_PpXKMm1P0gqtHWcxOAEK4slyY28Hml?usp=sharing About MSI MSI is a world leader in gaming, content creation and AIoT solutions, dedicated to fostering connections through technology. Bolstered by its cutting-edge R&D capabilities and customer-driven innovation, MSI has a wide-ranging global presence spanning over 120 countries. Its comprehensive lineup of laptops, graphics cards, monitors, motherboards, desktops, peripherals, servers, IPCs, robotic appliances, and vehicle infotainment and telematics systems are globally acclaimed. Committed to advancing user experiences through the finest product quality, intuitive user interface and design aesthetics, MSI is a leading brand that shapes the future of technology, bringing families and communities closer together. For more product information, please go to https://www.msi.com MSI Gaming: https://in.msi.com/ MSI Facebook: https://www.facebook.com/MSIGamingIndia/ https://www.facebook.com/MSIIndia MSI Instagram: https://www.instagram.com/msigaming_india/ https://www.instagram.com/msi_india/?hl=en All rights of the technical, pictures, text and other content published in this press release are reserved. Contents are subject to changes without prior notice.

      (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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