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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.
September 25, 2026
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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.
September 25, 2026
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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.
September 25, 2026
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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.
September 25, 2026
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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.
September 25, 2026
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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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Yemen Houthi rebels say US strikes kill 2; Trump's bombing video suggests higher overall death toll

April 6, 2025

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Dubai, Apr 6 (AP) Suspected US airstrikes killed at least two people overnight in a stronghold of Yemen's Houthi rebels, the group said Sunday, while a bombing video posted by US President Donald Trump suggested casualties in the overall campaign may be higher than the rebels acknowledge.

The strikes in Saada killed two people and wounded nine others, with footage aired by the Houthis' al-Masirah satellite news channel showing a strike collapsing what appeared to be a two-story building. The Iranian-backed Houthis aired no footage from inside the building, which they described as a solar power shop.

The intense campaign of airstrikes in Yemen under Trump targeting the rebels over their attacks on shipping in Mideast waters stemming from the Israel-Hamas war has killed at least 69 people, according to casualty figures released by the Houthis.

However, the Houthis have not acknowledged any casualties from their security and military leadership — something challenged after an online video posted by Trump.

Trump bombing footage suggests rebel leaders targeted Early Saturday, Trump posted what appeared to be black-and-white video from a drone of a group of over 70 people gathered in a circle. An explosion detonates during the 25-second video, with a massive crater left in its wake.

“These Houthis gathered for instructions on an attack,” Trump claimed, without offering a location for the attack or any other details about the strike. “Oops, there will be no attack by these Houthis! They will never sink our ships again!” The US military's Central Command, which oversees America's Mideast military operations, has not published the video, nor offered any specific details about the strikes it has conducted since March 15. The White House has said there have been over 200 strikes so far targeting the Houthis.

The rebel-controlled SABA news agency in Yemen, citing an anonymous source, described the bombing as targeting “a social Eid visit in Hodeida governorate.” Muslims across the world just celebrated Eid al-Fitr, the festival at the end of the holy Muslim fasting month of Ramadan. SABA had published images of other commanders meeting fighters during the holiday, though not any high-level Houthi officials.

“Those present at that gathering had no connection to the operations carried out by the (Houthis), which are implementing the decision to ban navigation on ships linked to the American and Israeli enemy,” the SABA report said, adding that the attack killed and wounded “dozens.” However, the Houthis previously have not acknowledged any strike on Hodeida during that time with such a high casualty count. The SABA report also did not describe those killed as civilians, suggesting they did have ties to the rebels' security or military forces. Hodeida has been a site of Houthi attacks into the Red Sea.

Moammar al-Eryani, the information minister for Yemen's exiled government opposing the Houthis, claimed the strike killed some 70 Houthi fighters and leaders, as well as “experts” from Iran's paramilitary Revolutionary Guard.

He offered no evidence for the claim, though Iran has backed the Houthis in the war. Neither the Iranian government nor the Guard has not acknowledged the attack.

Mohammed al-Basha, a Yemen expert of the Basha Report risk advisory firm, cited social media condolence notices suggesting a colonel overseeing police stations for the Houthis in Hodeida had been killed in the strike Trump highlighted, alongside his two brothers.

“The strikes have expanded significantly, hitting multiple governorates simultaneously, alongside telecommunications infrastructure, command nodes, properties tied to senior Houthi leadership and previously untouched tunnel networks in mountainous areas,” al-Basha told The Associated Press.

“We've also seen direct targeting of Houthi force gatherings, indicating a more aggressive and evolving shift in the targeting strategy,” al-Basha said.

Intense US bombings began nearly a month ago An AP review has found the new American operation against the Houthis under Trump appears more extensive than those under former US President Joe Biden, as Washington moves from solely targeting launch sites to firing at ranking personnel and dropping bombs on cities.

The new campaign of airstrikes started after the rebels threatened to begin targeting “Israeli” ships again over Israel blocking aid entering the Gaza Strip. The rebels have loosely defined what constitutes an Israeli ship, meaning many vessels could be targeted.

The Houthis targeted more than 100 merchant vessels with missiles and drones, sinking two of them and killing four sailors from November 2023 until January of this year. They also launched attacks targeting American warships without success.

The attacks greatly raised the profile of the Houthis, who faced economic problems and launched a crackdown targeting dissent and aid workers in Yemen amid a decadelong stalemated war that has torn apart the Arab world's poorest nation.

The campaign shows no signs of stopping as the Trump administration repeatedly has linked its airstrikes on the Houthis to an effort to pressure Iran over its rapidly advancing nuclear programme. (AP) GRS GRS

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