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    DGFT Removes Physical Duty Payment Challans for Export Obligation Discharge Certificate Applications under Advance Authorisation and Export Promotion ...
    TRAI directs use of 1601-series for service, transactional calls by utilities, logistics cos
    Nagaland tax revenue rises to Rs 1,597 crore in FY'26
    India's Russian crude imports hit record for second straight month
    Stolen phone of 88-year-old leads Delhi Police to bust interstate cyber-fraud syndicate; 9 held
    Rupee falls 11 paise to close at 95.28 against US dollar on firm crude oil prices
    Loan Utsav 2026: Bajaj Finance Personal Loan Now Comes with an Exclusive Reward Bundle for Eligible Customers
    Freedom to Spend Smarter: AU Small Finance Bank Credit Cards Bring Rewards, EMI Flexibility and Lounge Access to India''s Biggest Shopping Month
    Rupee falls 8 paise to 95.25 against US dollar in early trade
    APEDA Facilitates First-Ever Export of GI-tagged Mithila Makhana by Sea Route from Bihar to Australia
    Government signs strategic MoUs with key industry leaders and ecosystems to strengthen support to StartUps
    No Charges for UPI Users
    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
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    August 10, 2026
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    Digital EODC processing removes physical duty challans through authenticated payment verification for export authorisation closure.
    Export Obligation Discharge Certificate processing under the Advance Authorisation and Export Promotion Capital Goods schemes no longer requires physical duty-payment challans for voluntary customs-duty payments made on or after 1 August 2026. Authenticated licence-wise payment information is electronically transmitted from Customs/ICEGATE to DGFT systems and mapped to the relevant authorisation. Exporters can verify payment details on the customer portal, while Regional Authorities use corresponding back-office records, replacing manual submission and verification for authorisation closure.
    August 10, 2026
    Show AI Summary
    Trusted service-call numbering requires verified utilities and logistics entities to use dedicated numbers exclusively for transactional and service communications.
    The 1601-series is introduced for verified utilities, courier and logistics entities making service and transactional voice calls. Numbers must be allocated directly to eligible entities, not intermediaries or aggregators, following verification by telecom service providers and an undertaking of exclusive use. Promotional voice calls are prohibited on this series and remain associated with the 140-series. The framework separates these calls from the 1600-series reserved for regulated financial-sector and government-to-citizen communications, supporting consumer recognition of legitimate calls and reducing impersonation risks.
    August 10, 2026
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    GST revenue collection drives tax growth while data scrutiny, taxpayer verification, and compliance capacity remain key administrative priorities.
    GST constituted the principal component of tax revenue for the 2025-26 fiscal year. Tax administration faces staff shortages, information-technology upgrade needs, and increased workloads from taxpayer registrations and return filings. Compliance oversight requires GST data scrutiny, risk assessment, identification of unregistered taxpayers, tax-evasion detection, and field verification of high-risk taxpayers. Long-term revenue planning sets progressively higher collection targets through 2063.
    August 10, 2026
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    Russian crude imports reshape India's refining trade as processed petroleum products reach sanctioning jurisdictions despite import restrictions.
    Indian imports of Russian crude oil reached a second consecutive monthly record in July 2026, with Russian crude forming the dominant share of India's Russian fossil-fuel purchases and more than half of total crude imports. Higher receipts through smaller terminals offset reduced volumes at Paradip. Indian refineries processing Russian crude also exported refined petroleum products to sanctioning jurisdictions, including the European Union, Australia and the United States, despite the European Union prohibition on imports of oil products made from Russian crude.
    August 10, 2026
    Show AI Summary
    Cyber-fraud through stolen phones allegedly used mule accounts, banking credentials and coordinated technical operations to divert victims' funds.
    Investigation into unauthorised withdrawals after theft of a mobile phone uncovered an alleged interstate cyber-fraud network using stolen devices, linked banking credentials and mule bank accounts. The scheme allegedly involved phone theft, supply of accounts and banking instruments, and a technical operation that accessed victims' accounts and routed funds for withdrawal or transfer. Digital surveillance, transaction mapping, seized devices, victim data and transaction records are being examined to identify linked complaints and the extent of funds allegedly diverted.
    August 10, 2026
    Show AI Summary
    Rupee depreciation reflected stronger dollar, elevated crude prices and geopolitical uncertainty, while portfolio inflows and equity gains provided support.
    The rupee depreciated against the US dollar amid a stronger dollar, higher global crude oil prices and uncertainty surrounding West Asia-related negotiations. Concerns over crude oil's potential impact on the trade deficit weighed on the currency, while positive domestic equity markets and foreign portfolio investment inflows provided support. Market caution remained focused on forthcoming US inflation data, dollar-index movements and Brent crude prices. Foreign-exchange reserves increased during the reported period.
    August 10, 2026
    Show AI Summary
    Collateral-free personal loans offer extended repayment flexibility, conditional reward benefits, and online application subject to eligibility and disbursal requirements.
    Loan Utsav 2026 provides eligible Bajaj Finance Personal Loan applicants an exclusive reward bundle where the loan is successfully disbursed during the campaign period. The collateral-free facility supports personal expenses, offers repayment tenures from 12 to 108 months, and may enable lower monthly EMI obligations through a longer selected tenure. Interest rates depend on eligibility, credit assessment, financial profile and lending criteria. Online applications require personal and financial details and required documents, with disbursal for eligible applicants possible after verification and approval.
    August 10, 2026
    Show AI Summary
    Credit card payment flexibility supports seasonal shopping and travel through eligible EMIs, rewards, tracking tools and conditional merchant benefits.
    Credit-card spending features include conversion of eligible purchases into EMIs, selected no-cost EMI options, reward points, cashback, merchant discounts and payment flexibility. Travel-related benefits may include domestic airport lounge access, travel-booking discounts, fuel-surcharge waiver and anniversary-linked rewards. The AU 0101 application enables transaction tracking, balance and interest-rate monitoring, EMI conversion and bill-payment management. Features and offers are subject to change, customer eligibility, internal policies and partner-merchant terms.
    August 10, 2026
    Show AI Summary
    Foreign-exchange market conditions weakened the rupee as stronger dollar and crude prices offset support from reserve growth and inflows.
    Foreign-exchange market conditions saw the rupee weaken against the US dollar in early trading, influenced by a stronger dollar and higher global crude oil prices. Foreign institutional equity inflows and increased foreign-exchange reserves moderated pressure on the rupee. Market attention remained focused on developments in West Asia and the Reserve Bank of India, alongside movements in the dollar index, crude oil prices and domestic equity markets.
    August 10, 2026
    Show AI Summary
    GI-tagged Mithila Makhana export facilitation expands sea-route market access while supporting quality compliance and farmer-linked value chains.
    Export facilitation for GI-tagged Mithila Makhana enabled the first commercial sea-route shipment from Bihar to Australia. APEDA, in association with the Bihar agriculture department, supported market access, coordination, capacity building and stakeholder engagement. The export model is intended to improve farmer price realisation, require adherence to global quality standards, and strengthen growers, processors and exporters. A separate HS Code for Makhana has taken effect under the Finance Bill, 2025, supporting product-specific trade classification.
    August 10, 2026
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    Startup ecosystem support expands through digital payments, cloud access, AI innovation, investment readiness, governance support and global market programmes.
    DPIIT has entered into strategic MoUs to support DPIIT-recognised startups through payment infrastructure, entrepreneurship development, cloud technology, mobility innovation, investment readiness and global-market access. Eligible startups may receive payment and cloud support, technical training, mentorship, startup formalisation assistance, market and investor connections, AI and mobility enablement, and programmes addressing governance, financial readiness, compliance and international expansion. The collaborations promote innovation across digital payments, clean energy, artificial intelligence, climate technology, advanced manufacturing, mobility and automotive technology.
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.

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      KRAFTON India Upgrades BGMI with the 3.7 Update, Featuring the RONDO Map, Golden Dynasty Mode and India-Exclusive Features

      March 13, 2025

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      Bengaluru, Karnataka, India – Business Wire India • ​​The 3.7 update brings the all-new RONDO map, Golden Dynasty Mode, Next-Gen Vehicles, and Weapons offering an even more dynamic battlefield • Adds localized elements like Hindi voice packs and in-game events, including the BGMI Cricket League Exchange Center KRAFTON India today announced the launch of the highly anticipated BGMI 3.7 Update, bringing an expansive new battleground, Rondo Map, the immersive Golden Dynasty Mode, and a range of localized enhancements designed exclusively for Indian players. With a player-first approach, this update seamlessly integrates global innovations with India-centric experiences, reinforcing KRAFTON India’s commitment to delivering world-class gameplay tailored for its 200M+ strong community. The 3.7 Update marks a significant step in BGMI’s evolution, ensuring players experience fresh, high-intensity action, deeper strategic play, and richer storytelling that pushes the boundaries of mobile battle royale gaming.

      ​​Speaking on the development, Minu Lee, Head of IN Publishing Department, Krafton India, stated, “BGMI continues to evolve with every update, and with 3.7, we are delivering one of the most innovative gameplay experiences ever seen in the game. Krafton Original Rondo Map and Golden Dynasty bring fresh strategic depth, while localized features ensure that Indian players feel a deeper connection to the game. Our commitment remains strong – to provide cutting-edge, engaging, and culturally relevant content for our BGMI community.” ‘8x8 km Krafton Original Rondo Map’ – A Fresh Battlefield with High-Stakes Action ‘Rondo’ is an all-new battleground where modern cities and traditional nature coexist in harmony. Designed to challenge players with its unique terrain, innovative mechanics, and dynamic gameplay, this vast 8x8 km map blends tranquil bamboo forests, expansive lakes, and neon-lit cityscapes, making every drop a high-octane adventure and offering players a mix of open and close-quarters combat.

      • Key locations: • Jadena City – A bustling urban environment filled with high-rise buildings, escalators for rapid movement, and dense alleyways that create opportunities for vertical and close-range engagements.

      • NEOX Factory – An industrial combat zone with a vehicle test track and production facility, offering both long-range and vehicle-based combat scenarios.

      • Yu Lin – A lush forested area with ponds and thick vegetation, providing natural cover and ideal for stealth-focused players.

      • Tin Lung Garden – Inspired by martial arts landscapes, this scenic area features rocky mountains, waterfalls, and traditional architecture, making for an immersive combat setting​.​​ • Game-Changing Features in Rondo • Deployable EMP devices – A new tool that can be strategically placed to disable enemy electronics, scopes, and vehicle functions, creating opportunities for ambushes.

      • Dual flight paths – The map features two possible flight routes, allowing for diverse drop locations and alternative strategies for early-game positioning.

      • High-speed transport options – Players can take advantage of faster movement vehicles and unique transport hubs for quicker rotations.

      • Escalators & moving walkways – A game-changing mobility feature allowing for faster movement between key locations in urban environments.

      • Destructible terrain mechanics – Players can use explosives or melee tools to create new entry points, take down cover, or open up hidden areas.

      • Dynamic weather variations – The battlefield can shift between clear, foggy, and stormy conditions, impacting visibility and forcing adaptable combat strategies.

      • Multi-plane system – Randomly assigns players to different aircraft, ensuring varied drop dynamics and unexpected early-game encounters. Bamboo destruction mechanics – Bamboo forests can be destroyed using throwables and vehicles, offering new tactical opportunities for ambushes.

      • Pickaxe melee weapon – A tool that allows players to break barriers, create openings, or dismantle specific structures, enhancing the interactive environment.​ Golden Dynasty Mode – Time-Altering Combat in a Mystical Kingdom The all-new Golden Dynasty Mode transports players to a realm of ancient grandeur, where floating islands, regal palaces, and time-bending warfare redefine strategic engagements. Key features include: • Set in a mystical kingdom with floating islands and regal palaces, bringing an element of fantasy to battle royale combat.

      • Reversal Blade – A unique melee weapon that lets players rewind a few seconds of their movements and health, providing an edge in combat.

      • Golden Scepter – A tactical deployable that creates a resurrection zone, allowing teammates to be revived at a fixed location.

      • Palace Conquest – A strategic mode where squads must compete to secure a grand palace, gaining exclusive loot and team-wide perks.

      • Camel Mounts – Players can traverse vast desert landscapes on camels, making rotation and positioning more dynamic.

      Next-Gen Vehicles, Weapons & Gameplay Enhancements To further enhance engagement, the update introduces new vehicles and weapons, expanding the game’s arsenal and tactical mobility including: • 6-Seater Pico Bus – A futuristic electric vehicle with acceleration boosts and energy regeneration, perfect for team-based rotations.

      • Blanc SUV – A rugged off-road vehicle with additional storage, designed for high-speed chases and quick getaways.

      • JS9 SMG – A new bullpup submachine gun with low recoil and high fire rate, ideal for mid-range and close-quarter combat.

      • Explosive Bow – A silent yet devastating long-range weapon that allows for stealthy eliminations and environmental damage.

      • Stun Gun – A tactical short-range weapon that immobilizes opponents temporarily, creating new crowd-control possibilities.

      • Armor Repair Stations – Players can now restore damaged armor mid-match, increasing survivability in extended engagements.

      • Ghillie Suit (Forest) – A camouflage suit optimized for Rondo’s dense vegetation, offering an advantage for stealth players.

      Localized Enhancements, India-Exclusive Features & Exciting In-Game Events • Hindi voice packs – Improving in-game communication for Indian players, making coordination more immersive.

      • Culturally inspired content – Special region-specific in-game rewards, designed to resonate with Indian players.

      • Classic Map Enhancements – Upgrades to Mylta Power, Erangel Bridge, and other locations, ensuring improved textures, optimized performance, and better cover placements.

      • Reminisce Fragment – A new exploration-based feature that rewards players with high-value loot upon interaction.

      • India-focused events – India-first community-driven experiences including • Golden Moon Event – • Moonlit Warfare: Special night-themed battles with adaptive vision mechanics.

      • Exclusive Golden Rewards: Limited-edition outfits, weapon skins, and collectibles.

      • Time-Limited Challenges: Missions unlocking elite XP, in-game currency, and rare cosmetic items.

      • BGMI Cricket League Exchange Center – A limited-time IPL-inspired event where players can vote for their favorite teams and exchange in-game rewards.

      ​The BGMI 3.7 update is now available for download, and players can jump into the action today! For the latest updates, follow BGMI’s official YouTube, Instagram and Facebook pages.

      About KRAFTON, Inc.

      Headquartered in South Korea, KRAFTON, Inc. is dedicated to discovering and publishing captivating games that offer fun and unique experiences. Established in 2007, KRAFTON is home to globally renowned developers that include PUBG STUDIOS, Striking Distance Studios, Unknown Worlds, VECTOR NORTH, Neon Giant, KRAFTON Montréal Studio, Bluehole Studio, RisingWings, 5minlab, Dreamotion, ReLU Games, Flyway Games, Tango Gameworks and inZOI Studio. Each studio strives to continuously take on new challenges and leverage innovative technologies. Their goal is to win over more fans by broadening KRAFTON’s platforms and services. With a passionate and driven team across the globe, KRAFTON is a tech-forward company that possesses world-class capabilities and is set on expanding its business horizons to encompass multimedia entertainment and deep learning. For more information, visit www.krafton.com.

      About KRAFTON India In India, KRAFTON is responsible for premier mobile games, including BATTLEGROUNDS MOBILE INDIA (BGMI), which has surpassed 200 million downloads, Bullet Echo India, Road To Valor: Empires, and CookieRun India, among others. Committed to enhancing the start-up ecosystem in India, KRAFTON has invested over $170 million in several Indian startups across interactive entertainment, gaming, Esports, and technology, since 2021. KRAFTON actively supports India’s game development ecosystem through its KRAFTON India Gaming Incubator (KIGI) while strengthening the Esports ecosystem with flagship events like the BATTLEGROUNDS MOBILE INDIA SERIES (BGIS) and BATTLEGROUNDS MOBILE INDIA PRO SERIES (BMPS). For more information, visit  https://krafton.in/ To View the Image, Click on the Link Below: Experience the next era of BGMI; New map, new mode, next-level action! (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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