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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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Negotiations between Iran, US over Tehran's nuclear programme return to secluded Oman

April 25, 2025

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Muscat, Apr 25 (AP) Negotiations between Iran and the United States over Tehran's rapidly advancing nuclear programme will return Saturday to the secluded sultanate of Oman, where experts on both sides will start hammering the technical details of any possible deal.

The talks seek to limit Iran's nuclear program in exchange for the lifting of some of the crushing economic sanctions the US has imposed on the Islamic Republic closing in on half a century of enmity.

Trump repeatedly has threatened to unleash airstrikes targeting Iran's programme if a deal isn't reached. Iranian officials increasingly warn that they could pursue a nuclear weapon with their stockpile of uranium enriched to near weapons-grade levels.

Neither Iran nor the US have offered any explanation on why the talks will return to the Omani capital of Muscat, nestled in the Hajar Mountains. Oman has been a mediator between the countries.

Last weekend's talks in Rome offered a more-equal flight distance between Iranian Foreign Minister Abbas Araghchi and US Mideast envoy Steve Witkoff, who are leading the negotiations.

But Rome remains in mourning after the death of Pope Francis, whose funeral will be Saturday. And Iranian state television, in covering last weekend's talks, complained at length on air about the “paparazzi” gathered across the street from the Omani Embassy in Rome's Camilluccia neighbourhood.

“As you can see, unlike the first round of talks where the presence of journalists was limited and the Omanis had special management in place to prevent a large and chaotic media presence from disrupting the negotiations, this time in Rome, Italy, that kind of control hasn't been applied,” said Hosnieh Sadat Shobeiri, an Iranian state TV journalist in gray, all-encompassing chador.

“Because of the crowd we're seeing here, with media outlets from various countries — including some that are anti-Iran — it's possible that we'll hear more conflicting reports and news aimed at disrupting the talks coming out of Rome compared to Oman.” Expert talks come as Iran lines up Chinese and Russian support The Muscat talks come as Iran appears to have lined up Chinese and Russian support. Araghchi traveled to Moscow last week and this week visited Beijing.

On Thursday, Chinese, Iran and Russian representatives met the head of the International Atomic Energy Agency, the United Nations' nuclear watchdog that likely will verify compliance with any accord like it did with Tehran's 2015 nuclear deal with world powers. That deal included China and Russia, as well as France, Germany and the United Kingdom.

However, Iran has greatly restricted the IAEA's inspections — leading to fears internationally that centrifuges and other nuclear material could be diverted.

The IAEA offered no readout from the talks, but China's state-run Xinhua news agency on Friday described the three nations as saying the agency has “the necessary potential and expertise to contribute constructively to this process”.

“China, Russia and Iran emphasized that political and diplomatic engagement based on mutual respect remains the only viable and practical path for resolving the Iran nuclear issue,” the report said. It added that China respects Iran's “right to the peaceful use of nuclear energy”.

The Trump administration has kept France, Germany and the UK out of its direct negotiations with Iran, something similarly reflected in Witkoff's negotiations with Russia over ending its war on Ukraine.

Araghchi meanwhile has said he's open to visiting Berlin, London and Paris to discuss the negotiations.

“The ball is now in the E3's court,” Araghchi wrote on the social platform X on Thursday, using an acronym for the countries. “They have an opportunity to do away with the grip of Special Interest groups and forge a different path. How we act at this critical junction is likely to define the foreseeable future.” US hardens its stance on enrichment The US technical team was expected to arrive in Oman on Friday ahead of the talks Saturday. They'll be led by Michael Anton, the director of US Secretary of State Marco Rubio's policy planning staff. Anton does not have the nuclear policy experience of those who led America's efforts in the 2015 talks.

However, he was an early supporter of Trump, describing the 2016 election as a “charge the cockpit or you die” vote.

“A Hillary Clinton presidency is Russian Roulette with a semi-auto,” Anton wrote. “With Trump, at least you can spin the cylinder and take your chances.” He also criticised “Iran sycophancy” in the same essay.

Rubio, speaking on a podcast released this week, also kept up a Trump line that Iran needed to stop its enrichment of uranium entirely.

“If Iran wants a civil nuclear program, they can have one just like many other countries can have one, and that is they import enriched material,” Rubio said.

But Iran has insisted that keeping its enrichment is key. Witkoff also has muddied the issue by first suggesting in a television interview that Iran could enrich uranium at 3.67 per cent, then later saying that all enrichment must stop.

Meanwhile, one more wildcard is Israel, whose devastating war on Hamas in the Gaza Strip grinds on. Trump initially announced the Iran talks with Prime Minister Benjamin Netanyahu at his side. But Israel, which for years has targeted Iran's nuclear program with attacks on its facilities and scientists, has kept open the possibility of airstrikes to destroy Tehran's enrichment sites.

On Monday, Israel's military conducted drills preparing for possible new Iranian missile attacks, the country's public broadcaster KAN reported.

“Our security services are on high alert given past instances of attempted sabotage and assassination operations designed to provoke a legitimate response,” Araghchi wrote Wednesday on X. (AP) PY PY

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