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    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
    APEDA Organises BIOFACH INDIA 2026 to Promote India's Certified Organic Products and Expand Global Market Access
    RBI bars banks from disabling mobile devices of defaulting borrowers
    Par panel for early conclusion of India-US trade pact, tariff exemptions on key goods
    No commitments relating to ethanol import from US for fuel blending under FTA talks: Govt
    No concession or commitment on import of Ethanol for fuel blending from the United States
    Office of the Controller General of Patents, Designs and Trade Marks Announces Tentative Schedule for Patent and Trade Marks Agent Examinations 2027 a...
    RBI invites comments on the draft “Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026”
    West Bengal seeks 100pc foodgrain, 40pc sugar jute packaging quota at SAC meeting
    RBI clasifies Tata Sons, 16 others as large NBFCs
    Sensex climbs 374 points on buying in Reliance, ICICI Bank; Nifty ends flat
    Insurance Division, DFS Secures 3rd Rank in Group A Category of Grievance Redressal Assessment & Index (GRAI) for June 2026
    VKDL Group’s NPA Bazaar Strengthens India’s Distressed Asset Resolution Ecosystem Under the Leadership of V K Dubey
    Lok Sabha passes bill to authorise govt to permit banks to levy charges on UPI transactions
    Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee August 3 to 5, 2026
    Stock markets edged higher in early trade amid lower crude oil prices, buying in Reliance Industries
    Monthly review of accounts of Government of India upto June 2026 (FY 2026-27)
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    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
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    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
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    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.
    August 7, 2026
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    Certified organic export promotion: BIOFACH INDIA facilitates buyer-seller engagement, certification awareness, traceability discussions and international market access.
    BIOFACH INDIA 2026 promotes certified organic exports by providing a platform for Indian organic enterprises to showcase diverse certified products and engage with overseas buyers through structured Buyer-Seller Meets. Technical sessions address organic certification, traceability, sustainability, quality standards, international regulatory requirements and export-market expectations. The initiative supports quality assurance, international market access, export linkages and sustainable agricultural practices across the organic value chain.
    August 6, 2026
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    Device-based loan recovery restrictions protect essential mobile functions while permitting gradual locking only for lender-financed devices.
    Technology-based recovery mechanisms cannot restrict or disable a borrower's mobile device unless the bank financed acquisition of that device. Where permitted, banks must adopt a gradual approach and preserve essential functions, including incoming calls, SMS access, and emergency SOS features. Regulated entities and service providers must obtain manufacturer or operating-system certification for device-locking technology. Disclosure of borrower or guarantor information to recovery personnel must be limited to what is necessary for loan-recovery duties.
    August 6, 2026
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    Bilateral trade agreement negotiations should secure tariff certainty, protect key exports, strengthen supply chains, and support vulnerable small industries.
    An early Bilateral Trade Agreement is proposed to protect Indian interests, secure tariff exemptions for key exports, reduce barriers affecting industrial products, and create predictable trade conditions. Recommended measures include financial and export-credit support for small industries, real-time monitoring of customs requirements, documentation assistance, and timely policy support against tariff and non-tariff barriers. Export strategy should develop knowledge services and critical supply-chain integration, while a National Fund should assist suppliers with redesign, tooling, certification and entry into new global supply chains.
    August 6, 2026
    Show AI Summary
    Ethanol imports for fuel blending remain excluded from trade commitments, with domestic producers continuing to supply the blending programme.
    Ethanol imports for fuel blending remain outside concessions or commitments in India-US trade discussions. Under the Ethanol Blended with Petrol Programme, ethanol procurement is governed solely by domestic policy requirements and is sourced entirely from domestic producers. Claims of existing or intended large-scale ethanol imports from the United States for fuel blending, or of a policy change permitting them, are stated to be baseless.
    August 6, 2026
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    Domestic ethanol sourcing for fuel blending continues unchanged, with no import commitments or concessions involving United States ethanol.
    Ethanol used for fuel blending under the Ethanol Blended with Petrol Programme is sourced entirely from domestic producers, with no imports from the United States for that purpose. No concessions or commitments on importing United States ethanol for fuel blending have been made in trade discussions. Fuel blending and ethanol procurement continue to be governed solely by domestic policy requirements, and claims of a policy change allowing large-scale imports are incorrect.
    August 6, 2026
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    Patent and trade marks agent qualification examinations require written-paper minimums, aggregate passing scores, and viva voce assessment for registration.
    Patent and trade marks agent examinations comprise an objective Paper I, a descriptive Paper II and a viva voce assessing suitability to practise before the Intellectual Property Office. Candidates must secure the stipulated minimum marks in each written paper and the required aggregate score to pass. Registration in the relevant Register of Patent Agents or Register of Trade Marks Agents is available only to candidates who satisfy all prescribed eligibility conditions and qualify the examination.
    August 6, 2026
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    Draft NBFC credit-facilities amendments open for stakeholder consultation through designated online and email feedback channels.
    Draft amendments to the Non-Banking Financial Companies credit-facilities framework have been released for public consultation. Regulated entities and other interested stakeholders may submit comments or feedback through the 'Connect 2 Regulate' platform or by email using the specified subject line.
    August 6, 2026
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    Mandatory jute packaging reservations were urged to protect cultivators, mill workers, crop absorption, and environmentally sustainable packaging.
    Mandatory jute packaging reservations were sought to be retained at full coverage for foodgrains and increased for sugar packaging for the forthcoming Jute Year. The submission before the Standing Advisory Committee emphasised absorption of bumper jute output, remunerative prices for cultivators, uninterrupted mill operations, and protection of farm and worker livelihoods. It also stressed that biodegradable jute bags offer an environmentally friendly alternative to HDPE and polypropylene woven sacks, and that dilution of compulsory packaging could undermine plastic-pollution reduction efforts.
    August 6, 2026
    Show AI Summary
    NBFC Upper Layer classification imposes enhanced regulation and listing obligations, while de-registration applications remain under examination.
    NBFC Upper Layer classification subjects identified large non-banking financial companies to enhanced regulatory requirements for at least five years and requires stock-exchange listing within three years of identification. The framework divides NBFCs into Base, Middle, Upper and Top Layers. Seventeen large NBFCs were included in the Upper Layer list, while Tata Sons' classification remains subject to the pending examination of its de-registration application.
    August 6, 2026
    Show AI Summary
    Closing auction price discovery may affect benchmark levels differently based on constituent liquidity and concentrated institutional order flow.
    The Closing Auction Session in the equity cash segment uses an auction-based method to determine closing prices of eligible shares with futures and options contracts, aiming to strengthen transparent and robust price discovery. Its effect on benchmark closing levels may differ according to constituent liquidity and institutional order flow. The Reserve Bank of India retained the policy repo rate and neutral stance, indicating that future policy decisions will be data-dependent and influenced by assessment of energy-cost effects on inflation.
    August 6, 2026
    Show AI Summary
    Public grievance redressal strengthens through monitoring, senior review, workshops, stakeholder coordination, and customer-centric service delivery improvements.
    Public grievance redressal is assessed through the Grievance Redressal Assessment and Index, which analyses grievance categories and disposal. The Department of Financial Services' Insurance and Banking Divisions received third and sixth ranks respectively in the June 2026 assessment. Its framework includes disposal of grievances, random reviews by senior officials, and workshops on effective grievance redressal, supporting best practices, stakeholder coordination, technology use, customer-centric service, and accountable public service delivery.
    August 6, 2026
    Show AI Summary
    Distressed asset resolution integrates restructuring, insolvency advisory, funding facilitation and digital marketplaces for transparent financial recovery transactions.
    The platform provides integrated advisory, management and transaction-facilitation services for Non-Performing Assets, stressed assets and distressed assets. Its services include NPA resolution, debt restructuring, One-Time Settlements, funding assistance, insolvency and bankruptcy advisory, asset reconstruction, financial restructuring and capital raising. Digital and offline marketplaces facilitate transactions involving distressed assets, receivables and related movable or immovable properties, supported by collaborations with banks, Non-Banking Financial Companies, Asset Reconstruction Companies, corporates and investors.
    August 6, 2026
    Show AI Summary
    Merchant discount rate framework may permit charges on notified UPI and digital payments through a government notification mechanism.
    The proposed amendment to Section 10A of the Payment and Settlement Systems Act, 2007 replaces the existing income-tax-linked reference with a Central Government notification-based mechanism for electronic payment modes. It removes the current statutory restriction preventing banks and payment service providers from charging Merchant Discount Rate on notified modes, enabling the Government to permit charges for UPI and other digital payments. The policy rationale is to support funding for payment infrastructure and a sustainable revenue model for service providers.
    August 6, 2026
    Show AI Summary
    Neutral monetary policy stance continues as resilient growth and food-fuel inflation risks require close macroeconomic monitoring.
    The Monetary Policy Committee retained the policy repo rate and continued the neutral monetary policy stance, citing the need to assess evolving growth-inflation conditions. Domestic activity was assessed as resilient, supported by consumption, investment, credit, manufacturing, services and exports, although global uncertainty, energy prices, supply-chain pressures, geopolitical developments and monsoon conditions remain risks. CPI inflation increased mainly because of food and fuel pressures, while underlying inflation remained moderate. The Committee considered that price pressures were not yet generalised and reaffirmed its commitment to align inflation with the target.
    August 6, 2026
    Show AI Summary
    Closing auction price discovery and a neutral monetary policy stance shaped equity market conditions amid lower crude prices.
    The Closing Auction Session in the equity cash segment introduced an auction-based mechanism for determining closing prices of eligible shares with futures and options contracts, intended to make price discovery more transparent and robust. The Reserve Bank of India retained its neutral stance and left the benchmark policy rate unchanged, pending greater clarity on the inflationary effects of higher energy costs. Future policy decisions were stated to be data dependent.
    August 6, 2026
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    Monthly public accounts review records receipts, expenditure, tax devolution, interest payments, subsidies, and capital spending through June.
    Consolidated monthly accounts up to June 2026 report total receipts of Rs.10,49,243 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution transfers to State Governments total Rs.2,63,336 crore. Total expenditure is Rs.13,57,076 crore, including revenue expenditure of Rs.10,16,818 crore and capital expenditure of Rs.3,40,258 crore. Revenue expenditure includes interest payments and major subsidies.

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      Fischer Installation Systems - Always Providing the Right Solutions for Technical Building Equipment

      March 26, 2025

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      Bengaluru, Karnataka, India (NewsVoir) The fixing expert fischer provides its customers with guaranteed safety, quality and efficiency in construction. More than 75 years of inexhaustible innovative power and technical fastening expertise are incorporated into the continuous expansion of the range of products and systems. Installation systems by fischer tailored to specific applications enable safe, cost-effective and simple fastening and routing of any technical building equipment conduits.

      "At fischer India, our mission is to provide world-class fastening solutions that enhance safety, efficiency, and durability in construction projects. Our extensive portfolio of installation systems is designed to cater to diverse applications, ensuring seamless execution and long-term reliability. By continuously innovating and adapting to the latest industry standards, we empower engineers, planners, and contractors with state-of-the-art solutions that simplify complex installations. Our commitment to quality and customer satisfaction drives us to push the boundaries of fastening technology, making fischer the go-to choice for technical building equipment solutions," says Mr. Mayank Kalra, Managing Director of fischer India.

      fischer fastening and installation solutions make it quicker and easier to install all kinds of supply lines, resulting in rapid, cost-effective and successful projects. A wide range of installation systems for lightweight to heavy loads covers all types of applications in residential, non-residential and industrial buildings. Galvanised variants are ideal for installations in buildings, while hot-dip galvanised or stainless-steel systems are suitable for outdoor use or in highly corrosive atmospheres. Users can also combine the required modular components depending on the conditions of the building and the circumference of the conduit. The fully hot-dip galvanised fischer heavy-duty system FMS replaces the need for secondary steel constructions during heavy installations, reducing costs by up to 30 per cent. The modular fischer universal channel system FUS also helps install medium to heavy pipe systems using rapid push-through connections for the channels. Lightweight loads can be installed using the simple ‘Clix’ mechanism with the fischer light channel system FLS.

      fischer installation grids can be created with FUS channels. These grids allow the media connections in factories, production facilities and similar buildings to be converted and reconfigured effectively and economically at anytime and anywhere. The new FYJB bracing element provides added flexibility for bracing and suspending installation grids on steel structures.

      Fire-proof pipe supports and conduit installations can be designed and carried out with products and systems by fischer. The European Technical Assessment (ETA) for the fischer FUS channels certifies the products’ proof of usability under fire exposure according to stringent requirements. This ETA 21/0140 is based on the European Assessment Document (EAD) 280016-00-0602 for pipe support systems. Additional products and systems by fischer retain their load-bearing capacity long enough to give people time to leave the building safely in the event of a fire. Safety is ensured by fire protection test reports in accordance with the criteria of the German Guideline on Conduits (LAR) based on MLAR 2015 for installation in escape and rescue routes. The test reports further certify a fire resistance rating of R30 to R120 as per EN 1363-1/ F30 to F120 under DIN 4102-2. Fix points and sliding elements complete the range. Coordinated system solutions capable of absorbing the thermal expansion of pipes cover all types of loads, from lightweight to heavy pipe systems.

      The fischer range comprises numerous pipe clamps, both with and without sound insulation inserts, as well as construction elements and accessories to fasten light, medium and heavy pipes made of various materials for all types of conduit systems. The range further includes sprinkler loop hangers, pipe clamps, beam clamps and fastening elements approved by Germany’s Property Insurer Associations, such as FM and VdS, certifying their safe application in sprinkler systems. Plugs and anchors suitable for sprinkler systems feature CE marking based on the relevant ETA.

      Last but not least, fischer’s range of technical building equipment solutions comprises system solutions tailored to custom applications, such as the innovative fischer all-in-one systems for flat roof installations. Through targeted load distribution, the systems prevent stress to the roof sealing and insulation layer, thereby preventing damage to the surface. These clever solutions can be used to install secure and sealed air conditioning units, ventilation ducts, pipe systems, cable systems and other technical building equipment installations on flat roofs.

      Suitable fixing solutions are part of fischer’s all-in-one system for technical building equipment installations. These solutions include the intelligent fischer DuoLine plugs with an innovative combination of materials that either fold, expand or knot depending on the construction material, allowing hanger bolts to be installed in any anchor base. The fischer UltraCut FBS II concrete screw with a diameter of 6 mm is also widely used. Its approval for multiple anchorages of non-load-bearing systems makes it ideal for fastening pipe systems, cable runs and channel systems alongside other applications in technical building equipment.

      Wide range of technical building equipment services From planning and implementation to documentation and subsequent monitoring of buildings and facilities, fischer offers a 360-degree service. Digital offers by the fixing expert meanwhile comprise BIM (Building Information Modelling) services and digital scanning tools for existing buildings. Further offers include automated construction with the fischer BauBot construction robot and the Construction Monitoring sensor innovation for efficient structural monitoring. INSTALL-FIX, a tool within the fischer FiXperience design software, supports customers with structural calculations involving the fischer installation systems. In just a few steps, planners and users can obtain a verifiable printout and list of materials of the required components.

      "We at fischer India believe that innovation and customer-centric solutions are the key drivers of success in the fastening industry. Our comprehensive support services, including fire protection solutions and on-site training, ensure that our customers receive the highest level of technical expertise and assistance. By integrating engineering excellence with a focus on safety and efficiency, we aim to revolutionize the construction industry and set new benchmarks. Our global presence and strong commitment to customer satisfaction make us a trusted partner in every project," adds Mr. Mayank Kalra, Managing Director of fischer India.

      fischer provides its customers with further support services, including calculations, surveys, approval procedures, BIM modelling, CAD and fire protection services for optimised planning. The company’s engineering services are consolidated in its fischer Construction Engineering GmbH. During the construction phase, the fixing specialist’s support services range from planning installation, preassembly services and training all the way to on-site briefing and installation. Flexible, customisable fischer office and storage containers provide customers with optimised logistics to increase efficiency on the construction site. The company’s engineers, application engineers and field staff guarantee individual and professional support. With 50 operational subsidiaries around the globe, the fixing expert is always within easy reach of its customers.

      Fischer Building Materials India Private Limited Ward No. 76, Unit 101, First Level, No. 3 (Old 4 Prestige Sigma, Vittal Mallya Rd, Richmond Town, Bengaluru, Karnataka 560001 (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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