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

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War of words follows disruption of Mamata’s speech at Oxford

March 28, 2025

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Kolkata, Mar 28 (PTI) Political reactions flew thick and fast back home in the aftermath of protestors, allegedly by Left-leaning youths, disrupting West Bengal Chief Minister Mamata Banerjee’s speech on social development and women’s empowerment at Kellogg College under the University of Oxford.

The Trinamool Congress asserted that the disruption was a slur on the country as a whole and that people would “respond to the attack with interest”, while CPI(M)'s student wing SFI stated that the “chief minister has no escape from tough questions from the enraged student community wherever she goes”. Midway through Banerjee’s speech, a section of the audience, who had come with posters, tried to interrupt her address by questioning her on a range of issues, from the RG Kar hospital medic’s rape and murder to the flight of capital from the state, including the Tata Motors’ exit from Singur.

A composed Banerjee tried to placate the protestors by offering to send them “chocolates” and wishing them a “good night’s sleep over their agendas”. She announced that such resistance has only encouraged her more, strengthened her resolve and offered to visit Oxford twice a year, should she be invited to speak.

“This same show can get repeated when your leaders come to visit,” Banerjee warned the protestors, adding, “My Left and ultra-Left friends, this is not the proper way to behave.” Taking to his social media handle, TMC spokesperson and part of Banerjee’s entourage to the UK, Kunal Ghosh wrote, “A motley band of Left supporters brought disrepute to the state and country by their actions. They have forgotten about everything that happened in Bengal during the Left rule. Confronted by the audience, they fled the scene. Instead of raising questions during the question and answer session, these people displayed their culture.” The party’s IT cell chief Debangshu Bhattacharya questioned the identity of the protesters.

“These people were neither students of Oxford, nor were they British citizens. By trying to insult the chief minister, they ended up insulting India. People will give them a befitting reply with interest,” said Bhattacharya.

Education Minister Bratya Basu, who himself was at the receiving end of students’ disgruntlement at Jadavpur University recently, called the protest “a reflection of collective hopelessness among the red and saffron camps”. “It has become a norm for elements like these to attack our leaders in the midst of an ongoing function. Mamata Banerjee was representing the state and the country and this wasn’t a political platform. I would like to repeat after my leader that these people should, instead, come back to the country and strengthen their party to fight communal forces,” Basu said.

The SFI, though, maintained that the CM cannot hope to get away with “her back-to-back lies about Bengal” on foreign soil.

Leader of the Left students’ body Debanjan Das said, “SFI will not let her go so easily. She will have to answer questions on why the number of student drop-outs in Bengal is on the rise and why their rights to education, expression and security are getting curtailed by each passing day. She must answer why the RG Kar victim is yet to receive justice and why students’ elections have been halted in the state’s campuses." The SFI will question her wherever she goes, he said adding that Banerjee may choose to escape or answer them but she will not have a respite. Aniket Mahato, a key functionary of West Bengal Junior Doctors Front, said the rape-murder of the RG Kar medic and the alleged efforts of the state administration to divert attention from the larger conspiracy involved has hung Bengal’s head before the world in shame.

“It’s natural that the CM had to face those uncomfortable questions from the expatriate Bengalis living in the UK, including students. It is unfortunate the way she responded. She did not have a reply. Till real justice is done in the Abhaya case, the CM will have to face similar situations wherever in the world she goes,” Mahato said.

Senior Congress leader Adhir Chowdhury said such aspersions won't help instill confidence in foreign investors about the state’s investment climate.

“Does anyone know how much investment has actually poured in after such overseas visits? She owes a reply to the people of Bengal about the projected investment from the visit and what was turned into reality. She should provide break-ups of visit expenses supposedly borne by the state,” he said.

Alleging “insensitivity” on Banerjee’s part in fielding questions on the RG Kar crime, Chowdhury said, “She could have said that a probe into the shocking crime was on and being conducted by the central agency and she hopes for quick justice. Instead, she showed her impatience by her brusque reply and sidestepping the issue.” Referring to Banerjee’s comment at the Kellogg Collage stage where she disagreed with PM Narendra Modi’s prediction of India becoming the world’s number one economic superpower by 2060, BJP spokesperson Sajal Ghosh charged the chief minister with “lowering the nation’s image before the world”.

“How can a CM utter such words? What she said is shocking. She might have political differences with the Centre, but when she was speaking at an international event she shouldn't have said such things,” Ghosh said. PTI SMY SUS NN

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