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    India's forex kitty swells by USD 10.5 bn to USD 692.87 bn
    Rs 5,000 cr credited to 6.22 lakh Maharashtra farmers so far under loan waiver scheme: Fadnavis
    SBI Life and J&K Bank partner to bring comprehensive life insurance solutions closer to families across India
    DRI intensifies vigil along India's North-Eastern Frontier
    Vijayan slams Kerala govt's move to end doorstep pension delivery through cooperative banks
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    China's exports slow slightly in July despite robust demand for high-tech products
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    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
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    Insurance Division, DFS Secures 3rd Rank in Group A Category of Grievance Redressal Assessment & Index (GRAI) for June 2026
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    August 7, 2026
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    Foreign exchange reserves rose as foreign currency assets, gold holdings, Special Drawing Rights and IMF reserve position increased.
    India's foreign exchange reserves increased during the week ended July 31, principally because of higher foreign currency assets and gold reserves. Foreign currency assets include US dollar valuation effects arising from movements in currencies such as the euro, pound and yen. Special Drawing Rights and India's reserve position with the International Monetary Fund also increased. The movement followed measures to attract foreign exchange inflows, including an FCNR(B) measure, after earlier reserve declines associated with rupee pressure and dollar sales for foreign exchange market intervention.
    August 7, 2026
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    Farm loan waiver eligibility depends on verified beneficiary status and Aadhaar authentication for direct credit of eligible crop-loan relief.
    The farm loan waiver scheme covers eligible short-term crop loans within the prescribed ceiling and eligibility period. Waiver amounts are credited to verified bank accounts after field verification and completion of Aadhaar authentication. Aadhaar authentication is the operative condition for automatic processing of benefits, while eligibility rules and technical conditions have raised concerns about exclusion of distressed farmers.
    August 7, 2026
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    Corporate agency distribution expands access to life insurance products, supporting insurance awareness, financial inclusion and long-term household financial protection.
    A corporate agency arrangement enables J&K Bank to distribute SBI Life Insurance protection, savings, retirement and child-oriented life insurance plans through its branch network. The partnership aims to improve insurance access, awareness, financial literacy and long-term financial planning for households, particularly in Jammu & Kashmir and Ladakh. It is intended to expand insurance penetration, strengthen household financial protection and support financial inclusion in line with the IRDAI vision of "Insurance for All by 2047".
    August 7, 2026
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    Cross-border smuggling controls target narcotics, poppy seeds and areca nuts entering through the Indo-Myanmar border region.
    Cross-border smuggling enforcement targeted methamphetamine, foreign-origin poppy seeds and areca nuts allegedly brought from Myanmar. Methamphetamine concealed in an ambulance was seized under the NDPS Act, 1985. Poppy seeds and areca nuts recovered in separate operations were seized under the Customs Act, 1962. Poppy-seed imports are restricted to designated countries and require registration to ensure traceability and prevent illicit produce entering legitimate supply chains. The enforcement action addresses circumvention of customs controls and regulated import requirements.
    August 7, 2026
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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.

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      Reckitt Unveils First-of-its-Kind Art Installation in Bhavnagar to Raise Awareness on Vector-Borne Diseases

      April 29, 2025

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      Reinforces focus on ‘Malaria Ends with Us – Reinvest. Reimagine. Reignite’ to empower local communities in the battle against malaria on World Malaria Day 2025 Bhavnagar, Gujarat, India – Business Wire India To mark World Malaria Day 2025, Reckitt, a leading global consumer health and hygiene company, through its ‘Self Care for New Moms and Kids Under Five’ program, with support of Government of Gujarat and District Health Department, Bhavnagar, reaffirmed its commitment to combat malaria, dengue and other vector-borne diseases. A first-of-its-kind public installation spotlighting this year’s World Malaria Day theme, “Malaria Ends with Us – Reinvest. Reimagine. Reignite”. This installation was curated by renowned Indian sculptor Dr. Bibhuti Adhikary, who is also celebrated for his groundbreaking creation, the World’s First Innovative Rolling Painting.

      This public installation, themed “Malaria Ends with Us – Reinvest. Reimagine. Reignite” will go a long way as a reminder to invest in prevention of malaria, dengue and other vector borne diseases. The installation is made from 100% recycled and recyclable materials, in light with the issues of climate change. The aim is to bring the community in the state of Gujarat to actively invest their time in awareness activities and reignite a movement to see India Malaria-Free by 2030, aligning with nation’s purpose. Supported by the brand Mortein under Reckitt, the sculpture is inspired by Louie the Mosquito, the face of Mortein since 1957.

      Crafted from MS Rods and scrap metal, the sculpture features three large mosquito figures resting on pillars adorned with citronella grass and marigold flowers, both natural mosquito repellents. A key design element includes dynamic lighting that changes based on local malaria trends: green colour indicates low risk, orange colour signals alerts, and red colour warns of severe outbreaks. An integrated LED screen continuously displays key messages on “Know, Act, and Control” for malaria because awareness of malaria is prevention of malaria. This feature provides clear information and encourages public participation in malaria prevention and control.

      This sculpture is installed in India at Sir Takhtasinhji Hospital and Government Medical College, Bhavnagar. The installation draws inspiration from various art installations across the world that have been set up to generate awareness on critical issues, such as "The Water Tank Project" in New York City to highlight global water crises and "The Umbrella Project" in Portugal to raise awareness about mental health, among many others.

      Implemented by Plan India, in partnership with the National Health Mission, and the District Health Department, this initiative seeks to empower communities with knowledge and encourage proactive measures to prevent vector-borne diseases such as dengue and malaria. The ceremony was graced by Smt. Nimuben Jayantibhai Bambhaniya, Hon'ble Minister of State for Consumer Affairs, Food and Public Distribution, along with Shri Bharatbhai Barad, Mayor, Bhavnagar Municpal Corporation (BMC), Bhavnagar; Dr. Narander Kumar Meena, IAS, Municipal Commissioner, BMC, Bhavnagar; Shri Rajubhai Rabadiya, Chairman, Standing Committee, BMC, Bhavnagar; Dr. Chandramani Kumar, Chief District Health Officer, Bhavnagar; Dr. Chinmay Shah, Medical Superintendent (District Government Hospital) and renowned artist Dr. Bibhuti Adhikary.

      Malaria remains a significant public health challenge in India with 2 million estimated malaria cases in 2023, according to the World Malaria Report 2024. World Malaria Day serves as a powerful reminder of the urgent need to invest in prevention, empower communities, and strengthen our health systems. The newly unveiled 18-foot-tall mosquito sculpture stands as a striking symbol of hope and action.

      Smt. Nimuben Bambhaniya, Hon'ble Minister of State, Ministry of Consumer Affairs, Food and Public Distribution, Government of India, said, “On the occasion of World Malaria Day, I am pleased to have inaugurated the striking mosquito sculpture at Sir Takhtasinhji General Hospital and Government Medical College, Bhavnagar, in collaboration with Reckitt and Plan India. This powerful installation serves as an important reminder of the need for public health awareness. I appreciate the efforts of the ‘Self-Care for New Moms and Kids Under 5’ initiative and all the teams involved for their dedication to this cause.” Shri Rajubhai Rabadiya, Chairman, Standing Committee, Bhavnagar Municipal Corporation (BMC), Bhavnagar, said, "On the occasion of World Malaria Day, Smt. Nimuben Bambhaniya, Hon'ble Minister of State, Ministry of Consumer Affairs, Food and Public Distribution, Government of India, from Bhavnagar Nagar Palika, inaugurated a mosquito sculpture at Sir Takhtasinhji General Hospital and Government Medical College. On behalf of Bhavnagar Nagar Palika, I extend my heartfelt gratitude and congratulations for the installation of the sculpture provided by Reckitt and Plan India. During the function, Shri Bharatbhai Barad, Mayor of Bhavnagar Municipal Corporation, along with Smt. Nimuben Bambhaniya’s team, the Plan India team, and all of us were present. This sculpture not only enhances the beauty of the hospital premises but also plays a significant role in raising public awareness. Congratulations and best wishes to the entire team involved in this commendable initiative." Gaurav Jain, Executive Vice President, Reckitt, South Asia, said, "At Reckitt, we firmly believe that change begins with empowering people at the grassroots. Through our ‘Self-Care for New Moms and Kids Under Five’ program, we are combining innovation with community-led action to equip families with the right knowledge and tools to stay protected from malaria. Aligned with this year’s World Malaria Day theme, ‘Malaria Ends with Us – Reinvest. Reimagine. Reignite’, our efforts focus on prevention, education, and collaboration. We are grateful to the Government of Gujarat for their support in this mission. Each step we take today strengthens the foundation of a healthier, more resilient India – and brings us closer to the vision of Viksit Bharat by 2047." This initiative supports WHO’s global efforts to re-energize action towards malaria elimination by promoting grassroots education and awareness. The program includes health education on malaria symptoms and prevention by Community Health Workers (CHWs), alongside partnerships with local health departments to boost testing and surveillance. Leveraging innovative tools such as the “Malaria Suraksha Chakra” and custom-designed school kits, the campaign emphasized the role of behavior change communication (BCC) in preventing mosquito-borne illnesses.

      Reckitt’s installation represents a pioneering fusion of public health and public art, transforming a public space into a hub of education, engagement, and innovation. It stands not just as a work of art, but as a beacon of hope—signaling Bhavnagar’s leadership in creative health interventions and inspiring similar efforts across India and the world.

      About Reckitt Reckitt* exists to protect, heal and nurture in the pursuit of a cleaner, healthier world. We believe that access to the highest-quality hygiene, wellness and nourishment is a right, not a privilege.

      Reckitt is the company behind some of the world’s most recognizable and trusted consumer brands in hygiene, health and nutrition, including Air Wick, Calgon, Cillit Bang, Clearasil, Dettol, Durex, Enfamil, Finish, Gaviscon, Harpic, Lysol, Mortein, Mucinex, Nurofen, Nutramigen, Strepsils, Vanish, Veet, Woolite and more.

      Every day, around 30 million Reckitt products are bought globally. We always put consumers and people first, seek out new opportunities, strive for excellence in all that we do and build shared success with all our partners. We aim to do the right thing, always.

      We are a diverse global team of 40,000 colleagues. We draw on our collective energy to meet our ambitions of purpose-led brands, a healthier planet and a fairer society. Find out more or get in touch with us at www.reckitt.com.

      *Reckitt is the trading name of the Reckitt Benckiser group of companies.

      To View the Image, Click on the Link Below: Reckitt Unveils First-of-Its-Kind Art Installation in Bhavnagar to Raise Awareness on Vector-Borne Diseases Under ‘Self-Care for New Moms and Kids Under Five’ Program (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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