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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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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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      Customs & Trade

      HIGHLIGHTS

      April 1, 2025

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      New Delhi, Apr 1 (PTI) Following are the top stories at 6.50 pm: NATION DEL56 ADITYANATH LD INTERVIEW

      Politics not my full-time job, says Yogi Adityanath; asks Muslims to learn religious discipline from Hindus Lucknow:Yogi Adityanath, the no-nonsense ascetic chief minister of Uttar Pradesh who wears anti-wokeism on his sleeve, has a clear message for Muslims: you will get a fair share of the state's development but don't expect special concessions just because you are a minority. By Vijay Joshi

      DEL44 ADITYANATH- LD INTERVIEW POLITICS (RPT)

      Adityanath dismisses reports of differences with BJP's central leaders; says he a Yogi at heart Lucknow: Politics is not a full-time occupation for him and he remains a Yogi at heart, Uttar Pradesh Chief Minister Yogi Adityanath has said, parrying a query about a section of people seeing him as the future prime minister of India.

      BOM14 GJ-FIRE-3RDLD FACTORY

      18 killed, 5 injured after blast, blaze at firecracker godown in Gujarat's Banaskantha Palanpur: Eighteen persons were killed and five others injured after a blast at a firecracker warehouse led to a blaze and collapse of the building in Gujarat's Banaskantha district on Tuesday, officials said.

      DEL65 PAR-2NDLD WAQF BILL

      Lok Sabha set to take up Waqf bill for consideration on Wednesday New Delhi: The Lok Sabha will take up the contentious Waqf (Amendment) Bill for discussion and passage on Wednesday, setting the stage for a showdown between a government determined to push it through and an opposition united in condemning the proposed law as unconstitutional.

      DEL50 ADITYANATH-INTERVIEW MAHAKUMBH

      Opposition wanted a repeat of hundreds of deaths in past Kumbh tragedies: Adityanath Lucknow:Uttar Pradesh Chief Minister Yogi Adityanath has said that the Opposition "wanted a repeat of hundreds of deaths in past Kumbh tragedies" but his government's arrangements and public cooperation ensured every victim received immediate medical care during the January stampede.

      DEL29 ADITYANATH-INTERVIEW-MUSLIMS (RPT)

      Roads for traffic not namaz; others should learn discipline from Hindus: Adityanath Lucknow: Uttar Pradesh Chief Minister Yogi Adityanath has defended his administration's warning to Muslims against offering namaz on streets, saying roads are meant for the movement of traffic. By Vijay Joshi

      DEL75 CONG-WAQF BILL-LD WHIP

      Waqf bill: Cong issues whip to its LS MPs for next 3 days New Delhi:Ahead of the government bringing the Waqf bill amendments, the Congress on Tuesday issued a whip to all its MPs in the Lok Sabha, ensuring their presence in the House for the next three days, sources said.

      DEL66 PM-LD-CHILE

      India, Chile agree to begin negotiations for trade pact New Delhi: India and Chile on Tuesday announced starting negotiations on a comprehensive economic partnership pact as Prime Minister Narendra Modi and Chilean President Gabriel Boric Font held wide-ranging talks focusing on boosting the ties in areas of trade, defence, critical minerals and health.

      DEL73 DEF-INDIA-EXPORTS

      India's defence exports surge to record Rs 23,622 crore in 2024-25: Rajnath New Delhi: India's defence exports have surged to a record high of Rs 23,622 crore (approx. USD 2.76 billion) in 2024-25 registering a 12.04 per cent growth over the previous fiscal, Defence Minister Rajnath Singh said on Tuesday.

      DEL72 BANGLADESH-YUNUS-REAX

      'Shameful', 'provocative': Yunus's comments draw sharp reactions from political leaders New Delhi: The recent comments made by Bangladesh Chief Adviser Muhammad Yunus on India's northeastern states drew sharp reactions from political leaders across party lines on Tuesday, dubbing his remarks as "shameful" and "provocative".

      DEL64 DEF-ARMY-COMMANDERS

      Top Army commanders begin 4-day deliberations New Delhi: Top commanders of the Indian Army on Tuesday began deliberations on national security challenges along the borders with China and Pakistan besides ways to boost the force's overall combat capability in the backdrop of the evolving regional security situation.

      MDS10 KL-EMPURAAN-CERTIFICATE

      Shots linking storyline to Godhra riots in 'L2: Empuraan' to go after cuts Thiruvananthapuram: The Mohanlal-starrer ‘L2: Empuraan’ will hit the screens with 'voluntary modifications' suggested by its makers by Wednesday, deleting many scenes which directly link the storyline to the Godhra riots.

      DEL58 DL-CAG-POLLUTION

      CAG report tabled in Assembly flags lapses in Delhi's pollution control measures New Delhi: Delhi's worsening air pollution has been exacerbated by lapses in its pollution control mechanisms, including irregularities in the issuance of PUC certificates, unreliable air quality monitoring systems, and poor enforcement of pollution control measures, according to a CAG report tabled in the Assembly on Tuesday.

      MES6 TL-GERMAN-WOMAN-LD RAPE

      German woman alleges 'rape' by car driver in Hyderabad, one held Hyderabad: A 22-year-old German national was allegedly sexually assaulted by a car driver here who offered her and her friend a ride to explore the city, police said on Tuesday.

      BUSINESS DEL60 BIZ-LD-STOCKS

      Stock markets tumble ahead of US 'Liberation Day'; Sensex tanks 1,390 pts Mumbai: Stock markets went into a tailspin on Tuesday with benchmark Sensex plunging by 1,390 points due to selling in IT and private banking shares amid heightened uncertainty ahead of the anticipated rollout of US reciprocal tariffs on April 2 --termed as 'Liberation Day' by President Donald Trump.

      DEL23 BIZ-MOODY'S-INDIA GROWTH

      India's growth to be highest amongst advanced, emerging G20 nations: Moody's New Delhi: Moody's Ratings on Tuesday said India's growth at 6.5 per cent this fiscal will remain the highest amongst the advanced and emerging G-20 countries, supported by tax measures and continued monetary easing, and the country will continue to attract capital and withstand any cross-border outflow.

      LEGAL LGD28 SC-LD DEMOLITION

      Inhuman, illegal demolition in Prayagraj shocks our conscience: SC New Delhi: Calling the demolition of residential homes in Prayagraj "inhuman and illegal", the Supreme Court on Tuesday ordered the city development authority to pay Rs 10 lakh compensation to each aggrieved house owner within six weeks.

      LGD27 PB-COURT-3RDLD PASTOR

      'Heinous offence': Controversial 'Yeshu Yeshu prophet' Bajinder Singh gets life term in 2018 rape case Chandigarh: A Mohali court on Tuesday sentenced self-styled preacher Bajinder Singh to life imprisonment in a 2018 rape case, observing that Singh committed a heinous offence by misusing his position as a preacher.

      LGD31 DL-COURT-LD KAPIL MISHRA

      2020 Delhi riots: Court asks Delhi Police to file FIR against BJP's Kapil New Delhi: In a major setback to Delhi law minister Kapil Mishra, a court on Tuesday ordered an FIR to probe his alleged role in the 2020 riots in the national capital.

      LGD30 DL-HC-OCI-RIGHTS

      Rights of OCI cardholder can't be curtailed arbitrarily: Delhi HC New Delhi: Rights of an overseas citizen of India holding a valid OCI card cannot be curtailed arbitrarily, the Delhi High Court has said while ruling that the deportation and blacklisting of an OCI card holder, involved in alleged unauthorised missionary activities in Nagaland and other northeastern states, did not follow the statutory process.

      LGD26 SC-LD ALLAHBADIA

      Podcaster Ranveer Allahbadia in undertaking to SC says will maintain decency in shows New Delhi: Podcaster Ranveer Allahbadia on Tuesday filed an undertaking in the Supreme Court saying he would maintain decency in his "The Ranveer Show".

      FOREIGN FGN65 US-INDIA-TRUMP-TARIFFS

      India will be dropping its tariffs very substantially: Trump New York/Washington: US President Donald Trump said India will be “dropping its tariffs very substantially” as he readies to announce reciprocal tariffs on countries on April 2. By Yoshita Singh

      FGN64 INDIA-CHINA-2NDLD ANNIVERSARY

      Xi Jinping calls for 'elephant-dragon tango' on 75th anniversary of India, China ties Beijing: In a message marking 75th anniversary of their bilateral relations, Chinese President Xi Jinping on Tuesday stressed on partnership between India and China for “mutual achievement” and the need to do the “dragon-elephant tango” to serve their fundamental interests. By K J M Varma

      FGN63 NEPAL-ADITYANATH

      Nepal's envoy to India meets Yogi Adityanath amid pro-monarchy protests Kathmandu: Nepal's Ambassador to India Shankar Sharma has met Uttar Pradesh Chief Minister Yogi Adityanath to discuss Nepal-India relations amid protests demanding the reinstatement of the monarchy in the Himalayan nation.

      FGN62 US-COURT-PANNUN-DOVAL

      US court rejects Khalistani separatist Pannun's claim that complaint served on NSA Doval during Washington visit New York: A US court has said that no complaint was delivered to National Security Advisor Ajit Doval during his visit to Washington in February, dismissing a claim by Khalistani separatist Gurpatwant Singh Pannun that court documents, including a summons, had been served on the top Indian official. By Yoshita Singh

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