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    Trump used to slam China. Here's why he's now rolling out the red carpet for Xi
    RBI orders removal of Maharashtra minister Babasaheb Patil, 7 others as directors of Latur DCC Bank
    LPG subsidy: Aadhaar biometric authentication mandatory for subsidised refills from Oct 1
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September 20, 2026
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Tariff policy and trade truce reshape bilateral engagement as rare-earth leverage limits coercive economic measures.
United States-China trade relations are being conducted through continued tariff policy, prior export restrictions, and a trade truce after escalating tariffs did not achieve their intended effect of changing Chinese economic conduct. China's concentrated supply of rare-earth inputs used in electronics provided negotiating leverage and contributed to the trade armistice. Indications that Chinese goods are routed through third countries to lessen tariff exposure qualify the decline in the bilateral goods imbalance. Continued tariffs have not constrained China's manufacturing expansion or its access to export markets.
September 20, 2026
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Ten-year director tenure cap governs removal of ineligible cooperative bank board members after regulatory review.
RBI required Latur District Central Cooperative Bank to remove directors considered ineligible for exceeding the ten-year maximum tenure applicable to district central cooperative bank directors. The action invoked director ineligibility under the Banking Regulation Act. Following a complaint and a court-directed timeline for regulatory action, RBI sought responses from the concerned directors, seven of whom resigned. An issue was raised over whether the tenure cap could apply retrospectively to appointments made before its stated commencement and whether it was being applied uniformly.
September 19, 2026
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Biometric Aadhaar authentication becomes essential for domestic LPG consumers seeking regulated subsidised refill bookings, while market-price supply remains available.
Biometric Aadhaar authentication is required from October 1 for domestic LPG consumers to book subsidised refills at the regulated retail selling price. Authentication can be completed through delivery personnel, distributor showrooms or designated mobile applications. Consumers unwilling or unable to authenticate may obtain LPG at the applicable market price without subsidy after registering their choice through specified digital channels. The framework distinguishes subsidised LPG linked to Aadhaar-authenticated consumers from market-priced LPG and seeks targeted subsidy delivery, reduced leakage, and prevention of diversion, duplicate connections and ineligible access.
September 19, 2026
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Cooperative bank director tenure limits require disqualification and removal when service exceeds the statutory maximum period.
Directors of District Central Cooperative Banks and Central Cooperative Banks are subject to a maximum 10-year tenure under the Banking Regulation Act, 1949, as amended by the Banking Laws (Amendment) Act, 2025. RBI directed removal of a director ineligible to continue under section 10A(2A)(i), read with section 56, following concerns that directors of Latur District Central Cooperative Bank had exceeded the permitted tenure.
September 19, 2026
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Tariff treatment of Indian exports shifted from reciprocal duties to targeted trade measures, sectoral duties, and specified exemptions.
Upon expiry of the temporary global measure, an India-targeted 10 per cent Section 301 tariff, linked to forced-labour concerns, replaced it; the effective charge for most covered exports remained MFN duty plus 10 per cent. The current regime applies the Section 301 tariff to Indian exports except specified goods, with separate sectoral duties on steel, aluminium and auto components. Smartphones, medicines and energy products are exempt.
September 19, 2026
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PMLA-based FIR request over alleged consultancy payments remains under legal examination amid criticism of non-registration.
Enforcement Directorate sought registration of an FIR concerning alleged fraudulent payments by Cochin Minerals and Rutile Ltd to Exalogic Solutions, represented as IT consultancy fees. The request relied on evidence gathered through investigation and searches under the Prevention of Money Laundering Act. Registration remained under consideration after receipt of the Advocate General's legal opinion, with the Home Department examining the matter.
September 19, 2026
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Free trade agreements expand market access, entrepreneurial partnerships and youth career opportunities alongside public-sector recruitment and development participation.
Free Trade Agreements are presented as mechanisms for expanding cross-border partnerships, market access for entrepreneurs, and career opportunities for young persons. Youth employment is also linked to the expansion of the startup ecosystem beyond major cities and to public-sector recruitment through Rozgar Melas. Newly selected candidates are to join central government ministries, departments and organisations. Public service is framed around citizen-centred administration and decisions supporting a developed and self-reliant India.
September 19, 2026
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AI governance for regulated financial services enables natural-language automation while preserving enterprise security, auditability, control, and scalable deployment.
Assist-Edge enables teams to describe intended processes in natural language and use AI to create, modify, and enhance executable workflows. Working with reusable AI agents and workflows, it supports discovery, customisation, deployment, and scaling of enterprise automation. For banking, financial services, and insurance operations, its use is positioned alongside security, governance, auditability, and control, supporting governed adoption of scalable AI capabilities and movement from isolated experimentation to enterprise-wide intelligent automation.
September 19, 2026
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Recurring token reward distributions connect eligible holdings, platform activity, and partner participation through hourly settlement cycles.
BC Engine permits eligible $BC holdings to participate in hourly settlement rounds distributing BCD rewards. Participants can monitor active balances, cumulative rewards, unclaimed BCD, and settlement history through the Engine interface. Settlement amounts vary with ecosystem activity, while the mechanism links platform activity, token utility, user participation, and commercial partners through repeated value distribution rather than one-time promotional incentives.
September 19, 2026
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Asset monetisation of surplus public land and buildings is accelerated through transparent, value-oriented processes and stakeholder coordination.
NLMC's Board recommended monetisation proposals involving surplus land and building assets valued at over Rs. 5,000 crore. Monetisation is facilitated through asset identification, due diligence, valuation and appropriate process structuring, with emphasis on transparency, efficiency and value realisation. Sustained coordination with asset-owning entities is intended to expedite implementation and support timely, commercially appropriate monetisation of underutilised public assets.
September 19, 2026
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Zero forex markup on credit cards applies automatically to international transactions without conditions while preserving applicable rewards.
Zero Forex Markup applies automatically to international transactions made through all existing and new credit cards, without a new-card application, upgrade, spending threshold or other stated condition. International card spends do not attract forex markup charges. Reward Points or Cashback, where applicable to the relevant card, continue on international transactions. Existing credit cards may be used for overseas and cross-border payments without requiring a separate forex card solely to avoid such charges.
September 18, 2026
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Foreign exchange reserve valuation reflects currency movements as foreign currency assets and gold holdings decline.
India's foreign exchange reserves declined to USD 780.782 billion for the week ended September 11, driven by reductions in foreign currency assets and gold holdings. Foreign currency assets fell to USD 645.796 billion, with their dollar value reflecting movements in reserve currencies against the US dollar. Gold reserves also declined, while Special Drawing Rights increased to USD 18.845 billion. The reserve position with the IMF stood at USD 4.916 billion.
September 18, 2026
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Bulk sugar stockholding limits now allow expanded inventories only where additional supplies derive from designated import channels.
Bulk sugar consumers using more than 10 tonnes monthly as a raw material may hold up to 30 days' requirement instead of 15 days. Holdings above 15 days must consist exclusively of sugar imported under the Tariff Rate Quota or Advance Authorisation Scheme; sugar obtained from the open market remains restricted to 15 days' consumption. Bulk consumers must declare and disclose their sugar inventories every Friday through the food ministry's online portal.
September 18, 2026
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Trade facilitation and digitalisation support regional economic cooperation through simpler customs procedures, paperless exchange, resilient supply chains, and MSME access.
Priority measures included expanded intra-SCO trade, lower trade costs, resilient and diversified supply chains, trusted multimodal connectivity, greater market access, simplified customs processes, paperless trade and electronic document exchange. Digital and cross-border payments and accessible trade finance were identified to enable MSMEs and start-ups to participate in trade and value chains. Ministers agreed an Action Plan for 2026-2030 for further approval and approved regulations for a special working group on creative-economy development.
September 18, 2026
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Customs cooperation and trade facilitation advance electronic origin verification, pre-arrival information exchange, and safeguards against preferential trade misuse.
Customs cooperation and trade facilitation measures included pre-arrival information exchange, electronic verification of Certificates of Origin, and Customs automation and digitalisation. These measures are directed at facilitating legitimate trade while ensuring compliance with applicable rules and preventing misuse of preferential trade arrangements. Rail and road connectivity, freight movement, Integrated Check Posts and land-port infrastructure were reviewed to improve infrastructure utilisation and address operational bottlenecks affecting bilateral and transit trade.
September 18, 2026
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Preferential equity issuance approved to strengthen capital, support digital lending expansion, and fund subsidiary operations subject to required approvals.
OnEMI Technology Solutions Limited has approved a preferential issue of equity shares to identified investors, subject to shareholder and requisite regulatory and statutory approvals. The issuance is proposed under the Companies Act, 2013, the SEBI capital-issue and disclosure framework, other applicable SEBI regulations, and applicable law. Seventy-five per cent of the additional capital raised is proposed for infusion into its wholly owned subsidiary to support lending, technology, digital capabilities and product expansion, while the remaining twenty-five per cent is proposed for general corporate purposes.
September 18, 2026
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Fraudulent input tax credit claims through bogus invoices prompted arrest over alleged invoicing without actual supply of goods.
Alleged fraudulent availment, utilisation and passing on of inadmissible input tax credit involved invoices from purported suppliers found to be non-existent, non-functional, suspended or cancelled. Input tax credit was allegedly claimed without actual receipt of goods and passed on through invoices unsupported by corresponding supplies. Following investigation and recorded statements, the proprietor of an iron and steel trading firm was arrested under statutory arrest powers, while further investigation remains in progress.
September 18, 2026
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Direct tax collections: stronger advance tax payments support growth in corporate, non-corporate, and securities transaction tax receipts.
Direct tax collections grew through September 17, supported principally by increased advance tax payments from corporate and non-corporate taxpayers. Gross collections exceeded Rs 14.32 lakh crore, while net collections, after refunds, exceeded Rs 12.12 lakh crore. Corporate tax collections grew more strongly than non-corporate tax collections, and Securities Transactions Tax receipts recorded significant growth. The trend indicated broad-based tax buoyancy, supported by underlying economic activity, taxpayer confidence and business performance.
September 18, 2026
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Reusable consent-based KYC enables integrated onboarding, reporting, record updates and periodic re-verification for regulated financial institutions.
Central KYC-based onboarding enables regulated financial institutions to reuse a customer's existing verified identity record through the Central KYC Registry with customer consent. The integrated solution supports onboarding, KYC reporting, unsolicited notifications and re-KYC. It retrieves consented KYC records through CKYC APIs, uses facial matching or video-based customer identification for authentication, and applies AI-based duplicate detection. Reporting automates validation, image correction and real-time registry submission, while record updates and simplified periodic re-verification support the currency of institutional KYC information.
September 18, 2026
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Benchmark interest rate normalisation raises borrowing costs while monetary policy monitors inflation, wage growth, currency risks, and economic recovery.
The Bank of Japan increased the uncollateralised overnight call rate from 1.0 per cent to 1.25 per cent, advancing monetary-policy normalisation after a prolonged period of near-zero or negative rates. The increase was assessed against gradual economic recovery, inflation near its target, wage growth, currency fluctuations, elevated crude oil prices, and external risks. Further tightening remains contingent on stable price increases, wage developments, and monitoring of other risks.

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How ZEISS is Leveraging 179 years of legacy to Shape the Future of Eyecare in India – Crafting Bharat Special Feature - a NewsReach Initiative

May 9, 2025

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Catch Boris Dejonckheere as he discusses how ZEISS is revolutionising the eyecare industry with innovation, style, and sustainability in this Crafting Bharat special feature by NewsReach The eyewear industry has seen significant growth in recent years, driven by the increasing focus on vision care in a screen-dominated world. With younger generations and the working population spending more time on digital devices, there has been a surge in demand for eyewear that not only corrects vision but also addresses issues like digital eye strain and at the same time is personalised to one’s professional and personal lifestyle needs. This shift has prompted innovative marketing strategies, with brands focusing on both functionality and style. As eye health becomes a priority alongside personal style, eyewear has become an important accessory in conversations around fashion and wellness. The demand for innovative, comfortable, and personalised eyewear has led to a market that is evolving to meet these needs.

To explore this further, we spoke to one of the industry leaders, ZEISS.

Join us for the Crafting Bharat special feature, where our host Rahul Makin sits down with Boris Dejonckheere, Head of Global Sales Operations at ZEISS Vision Care, for a conversation that covers how innovation and personal vision solutions are shaping the future of eyewear and eyecare.

This episode is brought to you by NewsReach, India’s PR-tech platform, and produced in partnership with HT Smartcast.

Watch the episode here: Crafting Bharat: How ZEISS is Powering the Future of Eyewear | ft. Boris Dejonckheere Edited Excerpts: Boris, you've been part of ZEISS for nearly three decades. How has the idea of eyewear changed over the years? Boris Dejonckheere:The evolution has been dramatic! In the beginning, eyewear was purely functional - just a way to correct poor vision. But now, it is an extension of personal style and an interface with technology. It is transformed from a medical device to a lifestyle choice. “Today, it is both utility and expression. I look at someone and I don’t even notice their shoes - but the face, the frame, that's what stands out first!” People choose frames that reflect their identity, and lenses that fit their lifestyle, from work to sports to screens. Eyewear today is about enhancing how we see and how we are seen.

ZEISS is known globally for its precision optics. How do you stay relevant in today’s trend-driven, tech-savvy market? Boris Dejonckheere: Staying relevant today means being grounded in what we’ve always done best - science and precision. At the same time being agile enough to anticipate human behaviour, lifestyle shifts, and emerging desires are crucial.

At ZEISS, we’ve never looked at lenses as just medical tools. They’re part of how people move through the world, how they express themselves, how they engage with digital screens, and increasingly, how they want to live more sustainably. That means we don’t just follow trends - we study them, dissect them, and build long-term innovation around them.

ZEISS Vision Care division was introduced in 1912. Within ten years, we already knew it wasn’t enough for people to just ‘See’. Rather, they had to feel comfortable, confident, and connected. So, we pioneered anti-reflective coatings, not just to improve vision, but to allow eye contact to feel more human, more direct." Now fast-forward to today, where trends evolve almost monthly. Fashion-forward consumers want frames that make a statement. Professionals demand lenses that reduce digital eye strain. Parents want protection and comfort for their kids’ screen time. We don’t treat these as separate needs. Instead, we integrate them into one cohesive offering - personalised, precise, and beautiful.

Today, we’re building on that legacy with personalisation. “We tailor lenses to a wearer’s frame, facial shape, and even how far the frame sits from the nose.” In short, we stay relevant by not treating vision as static. We treat it as dynamic, deeply personal, and ever-evolving, just like the people we serve.

Digital eye strain is becoming a major issue. How is ZEISS addressing this? Boris Dejonckheere: The kids and teens spending hours on screens, digital eye strain, and early-onset myopia are growing concerns. At ZEISS, we recognised this over 20 years ago and developed lenses that do more than correct vision - they help prevent long-term issues.

"By gently encouraging the eye to shift focus between near and far distances, our lenses help slow down the elongation of the eye, which causes myopia." This design supports healthier visual habits and reduces the strain caused by screen-heavy lifestyles.

And of course, we know style matters - especially for younger wearers - so we’ve made sure these lenses not only protect, but look great too.

India is a fast-growing market and often labelled price-sensitive. How do you approach that? Boris Dejonckheere: It is true that affordability plays a big role in buying decisions, but that’s not unique to India. Every market is price-sensitive in its own way. What makes India truly unique is how discerning consumers are. People here don’t just look at the price - they look at the value behind it. And when it comes to their eye health, they don’t want to compromise.

We are fortunate that there's a growing awareness about eye health. Most people understand they only get one pair of eyes, and they’re willing to invest in keeping them safe and healthy. “People are willing to invest in better vision, especially when they understand the value.” That’s why we focus on balancing quality and affordability. For example, all ZEISS lenses come with 100% UV protection - like invisible sunscreen for your eyes, without any fuss. It is a small detail that makes a big difference, and Indian consumers really connect with that blend of function, safety, and style.

What upcoming innovations in eyecare and eyewear are you most excited about? Boris Dejonckheere: Smart frames. The future isn’t just wearable - it’s invisible. “Imagine your GPS, WhatsApp messages, or notifications projected directly onto your lens - no need to check your phone or smartwatch.” These developments are closer than people think. And the best part? They’ll look just like regular glasses. Nothing flashy or sci-fi, just smart and wearable. “The future isn’t just in front of your eyes - it’s right there, on your lens.” Let’s talk Gen Z and millennials. How are they shaping eyewear? Boris Dejonckheere: They’re changing everything from how eyewear looks to how it is made. Younger consumers are demanding more - more colours, more boldness, more sustainability. They want products that reflect who they are and how they live. “Gradient tints, bold frames, eco-friendly materials - this generation wants it all, and we’re listening.” We’re also seeing a shift toward custom frames made with less waste, sometimes 3D-printed to fit the wearer’s head shape exactly. When lenses and frames are made for you and only you, it elevates eyewear to something deeply personal.

Classic black or bold colours? Boris Dejonckheere: “Definitely black! But Bold Black frames that add presence to your face.” As we look to the future, Boris is particularly excited about the innovations on the horizon, like smart frames that blend technology seamlessly into everyday eyewear. With a focus on personalization, sustainability, and functionality, ZEISS continues to lead the way in making eyewear both a statement of style and a tool for better vision.

Crafting Bharat is an initiative by NewsReach - India’s leading PR-tech platform.

YouTube: https://www.youtube.com/@CraftingBharat Facebook: https://www.facebook.com/craftingbharatofficial Instagram: https://www.instagram.com/craftingbharat/ Twitter: https://x.com/CraftingBharat/ LinkedIn: https://www.linkedin.com/company/craftingbharat (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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