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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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India a great market, confident of multiple players in satcom sector: Scindia on Musk's visit

April 22, 2025

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New Delhi, Apr 22 (PTI) Telecom Minister Jyotiraditya Scindia on Tuesday threw his weight behind having more players in satellite internet space, saying the service was needed particularly in the rural and underserved areas of the vast market that is India.

The government has already granted licences to firms backed by billionaires Mukesh Ambani and Sunil Bharti Mittal to offer satellite internet services, and Scindia indicated more may be granted if players meet security and regulatory norms.

The minister's statement is a positive one for Elon Musk's Starlink that has aspirations to operate in the world's most populous nation.

Starlink, which had been vying for an India licence for sometime now, last month signed pacts with Ambani's Reliance Jio and Mittal's Bharti Airtel -- which together control more than 70 per cent of the country's telecom market -- to bring the US satellite internet giant's services to India.

Citing the licences granted to Bharti Group-backed Eutelsat OneWeb and Jio Satellite Communications, the minister, in an interview to PTI, asserted that every company is welcome in India.

He did not comment on Starlink's licence application but reports suggest it is nearing initial regulatory approval.

Earlier, Prime Minister Narendra Modi on his visit to the US had met Musk and last week had a telephonic conversation with the world's richest man.

Musk, whose electric car Tesla is looking to sell in India but faces hurdles of high import duties, has stated that he would visit the country later this year.

To a question on Tesla and SpaceX CEO Elon Musk's recent announcement of India visit later this year, the minister said, "I think that his visit here will be in his form of heading DOGE as well as his multiple business enterprises and I think India is a great market for strengthening US-India relations and for any entrepreneur and any business enterprise to further and deepen their integration into the global market." Terming satcom as an "imperative for India", Scindia -- who is the Minister for Communications and Development of North Eastern Region (DoNER) - highlighted that technology allows the last-mile coverage and connectivity in hard-to-reach or uncovered areas.

"From a telecoms perspective, we welcome all players into the market. I am company-agnostic and I am customer-centric. And it is my job to provide choice to my customers, and I would want more and more satellite companies to operate in India because at the end of the day through satcom you are able to connect the last mile of customers that are not being able to be reached through traditional networks or through optical fibre cable or broadband, fixed or mobile," he said.

It is pertinent to mention that the government has already granted licence to Startlink rivals Bharti Group-backed Eutelsat OneWeb and Jio Satellite Communications for about one-and-a-half years for providing satellite internet services. However, these companies are yet to start their operation as Trai has so far not finalised spectrum allocation rules.

Starlink is considered to be a disruptor in this segment as it operates the world's biggest constellation of over 6,750 satellites whereas Eutelsat OneWeb has a little over 600 satellites and Jio's satellite partners operate nearly 70.

The minister said he would like more companies to come and participate in the Indian market, and added, "Every company is welcome in India." On how the government would look to balance the regulatory and security considerations with the connectivity goals, the minister assured that there are clear deliverables that address such concerns.

"That is already done. Our proforma has clear deliverables that take care of, on the one hand, customers and provision of services, and on the other hand security issues. I am very confident that you will have multiple players in India in the near future in the satellite business," Scindia said.

To a question on recent turn of events that saw telcos -- previously engaged in a bitter spat with satcom players -- teaming up unexpectedly with Starlink, the minister said the question should, in fact, be directed at the companies involved, since his own stance had been the same all along that one must be quick to adapt to technologies and innovations that benefit humankind.

"...that is a question that you need to ask them because my stand was exactly the same prior to their opposition and post their acquiescence to this technology. As I mentioned I am technology agnostic. Technology evolves very rapidly in the world. What used to take decades, now take days... that is the pace of innovation that humankind has evolved. And we must adapt to that," Scindia said.

Recalling the words of his professor at Stanford, Intel Founder Andrew Grove, on change being the only constant, and that only paranoids survive, Scindia said the words of wisdom have stayed with him all through.

"I remember the words of professor that I was taught by at Stanford. He was one of the founders of Intel, Andy Grove and he said two things to me which stayed with me ever since. First, that the only constant in the world, is change. And second, only the paranoid survive. So both are very very important statements," he said, linking it to the current context of rapid technological changes, and the need to adapt.

"Technology is ever changing and you need to adapt to that. I am glad that our telcos are now in line with ensuring that every customer and every consumer gets access. And this is another form of access," Scindia said. PTI MBI ANZ MBI TRB

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