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    No compromise on tackling illegal immigrants' issue: Minister Priyank Kharge
    Technology, transparency key for urban cooperative banks to stay competitive: Shah
    Paul Merchants Gets RBI Approval for Perpetual AD Category-II Licence Under Revised FEMA Framework
    IEPFA Organises Stakeholder Engagement with Nodal Officers of Companies on Integrated IEPFA Portal 2.0
    Rupee settles with 5 paise gain at 95.17 against US dollar
    India weathered Hormuz disruption without fuel shortages: Puri
    RBI invites public comments on the draft Directions on ‘Credit Valuation Adjustment (CVA) Framework’
    RBI invites comments on the draft “Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Eleventh Amendment Directions, ...
    87 Proposals Received under BHAVYA Scheme during First Round of Phase-I
    India successfully concludes the 16th BRICS Trade Ministers' Meeting in Jaipur under its BRICS Chairship 2026
    GeM Completes a Decade of Transforming Public Procurement with Cumulative GMV Exceeding ₹20 Lakh Crore
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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
    Kerala to stop welfare pension delivery through cooperative banks, shifts to DBT
    China's exports slow slightly in July despite robust demand for high-tech products
    India successfully concludes the Tenth BRICS Industry Ministers' Meeting in Jaipur under its BRICS Chairship 2026
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    August 8, 2026
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    Illegal immigration enforcement prioritises dismantling entry, documentation and employment networks while requiring citizens to report information through police channels.
    Illegal immigration enforcement involves continuous identification and verification operations, coordination with relevant officials, and confidential investigation of networks facilitating entry, identity documentation, accommodation and employment. Enquiries extend to intermediaries, contractors, Aadhaar procurement and verification practices, rather than focusing only on apprehended individuals. Citizen vigilantism, moral policing and social-media targeting of suspected migrants are discouraged because they may compromise investigations; information should instead be given through proper police channels.
    August 8, 2026
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    Technology, transparency and governance strengthen urban cooperative banks through modern customer services, depositor protection and cooperative-sector support.
    Technology adoption, transparency, sound governance and modern customer services are identified as necessary for urban cooperative banks to remain competitive. Banks are encouraged to join the sector's umbrella organisation and self-regulatory body, which provides capital, information-technology infrastructure and liquidity support. Protection of depositors' money remains a regulatory responsibility, while banks are expected to improve governance, train staff, adopt technology and enhance customer-centric services. Customer prosperity and reduced perception gaps between the central bank and urban cooperative banks are emphasised as measures to strengthen the sector.
    August 8, 2026
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    Authorised Dealer Category-II licensing expands permissible FEMA current account and foreign trade transaction services for cross-border payment customers.
    An Authorised Dealer Category-II approval under the Foreign Exchange Management (Authorised Persons) Regulations, 2026 enables Paul Merchants to undertake additional permissible non-trade current account transactions under FEMA, excluding gifts and donations, and foreign trade transactions within the applicable per-transaction limit. The approval supports foreign exchange and cross-border payment services, including overseas remittances for education, medical treatment, travel, and conference or event participation.
    August 8, 2026
    Show AI Summary
    Integrated investor claim portal modernisation advances digital KYC, streamlined verification, stakeholder-informed safeguards, and efficient investor claim settlement services.
    Integrated IEPFA Portal 2.0 is proposed to modernise investor claim processing through digital KYC, pre-filled Form IEPF-5, entitlement search, and a simplified e-Verification Report filing workflow. Stakeholder feedback included Aadhaar eKYC address validation, KYC for authorised representatives, entitlement-letter validation checks, bulk DSC and eSign functionality, integration of approved IEPF Form-4 data, lower-value share valuation using NSE and BSE data, and alerts for frequent address changes to prevent fraud.
    August 7, 2026
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    Foreign capital inflows supported the rupee despite geopolitical uncertainty, oil-price pressures, and volatile global market sentiment.
    Foreign capital inflows supported a marginal strengthening of the rupee against the US dollar despite global risk aversion arising from uncertainty surrounding negotiations affecting the Strait of Hormuz. Higher crude oil prices and weak domestic equity sentiment remained relevant pressures. Near-term currency movement was expected to depend on developments in the negotiations, weekend decisions, US employment data, the dollar index, crude oil prices, and the reported increase in foreign exchange reserves.
    August 7, 2026
    Show AI Summary
    Energy security through diversified sourcing protected fuel supplies during Hormuz disruption and supports domestic exploration and alternative fuels.
    Energy security measures based on diversified crude oil and LPG sourcing, expanded infrastructure, increased domestic LPG production and alternative fuels were presented as maintaining fuel availability during disruption of shipping through the Strait of Hormuz. Domestic resilience is also linked to support for private deep-water oil and gas exploration, opening offshore acreage, and expansion of compressed biogas and ethanol blending. Ethanol-blended petrol testing identified limited contamination instances rather than a systemic issue, while excise duty reductions were described as cushioning consumers against global fuel-price volatility.
    August 7, 2026
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    Credit valuation adjustment framework revises derivative capital requirements through flexible basic approaches, hedge recognition, and risk-sensitive counterparty treatment.
    Credit Valuation Adjustment framework revisions align CVA capital treatment with final Basel III standards. Eligible banks may use the full or reduced basic approach, while banks with an insignificant volume of non-centrally cleared derivatives may calculate their CVA capital charge at 100 per cent of the counterparty credit risk capital charge. The draft also clarifies CVA hedge recognition, introduces risk weights sensitive to sector and credit quality, and separates systematic and idiosyncratic CVA risk in the full basic approach.
    August 7, 2026
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    Leverage ratio framework amendments propose Basel-aligned capital adequacy standards, with public feedback invited on the draft directions.
    Proposed amendments to the leverage ratio framework would revise Chapter VII of the 2025 Commercial Banks Prudential Norms on Capital Adequacy Directions to implement the Basel Committee's Leverage Ratio 2017 Standard. Public comments and feedback on the draft Eleventh Amendment Directions, 2026, are invited until August 28, 2026, through the designated online platform, postal submission, or email.
    August 7, 2026
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    BHAVYA Scheme project selection uses challenge-based evaluation of infrastructure, industrial ecosystems, and policy enablers under prescribed eligibility criteria.
    BHAVYA Scheme Phase-I proposals submitted by State and Union Territory governments will be evaluated and scored under prescribed eligibility and evaluation criteria. Challenge-based project selection considers connectivity and site suitability, quality of core, value-added and social infrastructure in the detailed project report, and the industrial ecosystem and policy enablers. The Scheme guidelines provide for completion of the first-phase selection process within one year from notification.
    August 7, 2026
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    Multilateral trade cooperation preserves developing economies' policy space while advancing MSME finance, diversified value chains and digital services.
    BRICS ministers adopted measures supporting a development-centred multilateral trading system with the World Trade Organization at its core, preservation of Special and Differential Treatment, binding two-tier dispute settlement, and developing economies' policy space for food security and public stockholding. MSME measures include study of an invoice discounting mechanism and credit-assessment principles focused on cash flow rather than collateral. Value-chain measures provide for a GVC Action Plan, technical cooperation, Special Economic Zone cooperation and digitised trade documents, alongside principles for trusted cross-border digitally delivered services.
    August 7, 2026
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    Digital public procurement promotes transparent sourcing, reduced seller charges, competition monitoring and evidence-based spending oversight through an integrated marketplace.
    Government e-Marketplace digitises public procurement through a unified platform promoting transparency, efficiency, good governance and wider supplier participation. Seller-facing measures include reduced transaction charges, exemption of smaller orders, a cap on maximum transaction fees and reduced vendor assessment fees. The platform uses Artificial Intelligence and Machine Learning tools to identify suspected cartelisation, collusion and order splitting, while its digital transactional trail supports expenditure monitoring, identification of inefficiencies and evidence-based policy interventions.
    August 7, 2026
    Show AI Summary
    Criminal justice, extremist-material regulation and administrative schemes feature in reports on prosecutions, demolition practices, loan waivers and fuel policy.
    Criminal justice reports cover bail and an expedited trial in an assault prosecution, arrest for allegedly sheltering an accused, allegations of rape and murder of a minor, and claimed irregularities in a police recruitment examination. Regulatory developments include a ban on extremist literature associated with proscribed organisations and judicial disapproval of coercive demolition. Administrative coverage includes farmer loan-waiver transfers following Aadhaar authentication and debate over the E20 fuel-blending programme.
    August 7, 2026
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.

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      AiSA-X: The Future of AI Customer Support is Here – Fast, Smart, Always On

      May 14, 2025

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      Theni (Tamil Nadu) [India], May 14: Businesses are constantly seeking smarter, faster, cost effective and more personalized ways to connect with customers, streamline operations, and scale growth. AiSA-X, a powerful, multi-functional AI assistant designed to meet the diverse needs of businesses—from startups to enterprises—across various industries. AiSA-X is more than just a chatbot. It is a transformative AI-powered platform that acts as a digital employee, sales agent, helpdesk assistant, booking manager, and data analyst—all in one, Your AI Agent for Converting Visitors into Loyal Customers, Visit https://aisa-x.ai/ to learn more.

      What is AiSA-X? AiSA-X is an intelligent AI assistant developed by Vinsights Solutions, purpose-built to cater to customer-facing operations. It leverages cutting-edge Retrieval-Augmented Generation (RAG) technology, LLMs (Large Language Models), and seamless multi-channel integration to deliver accurate, human-like conversations and automation that enhance customer engagement, reduce support workload, and drive operational excellence.

      Unlike basic chatbots that rely on keyword matching, AiSA-X can understand context, retrieve information from documents, websites, or knowledge bases, and respond intelligently. With its modular design, businesses can customize AiSA-X to function in any scenario, whether that’s technical support, lead generation, appointment scheduling, or multilingual communication.

      Real-World Use Cases for AiSA-X 1. 24/7 AI Helpdesk Support For companies overwhelmed by repetitive customer queries, AiSA-X steps in as an always-on helpdesk assistant. It addresses frequently asked questions, fetches solutions from internal documentation, and even escalates complex tickets to human agents when needed. There is an option to human hand over whenever needed. Whether it’s an IT firm needing L1 support coverage or a SaaS company offering onboarding help, AiSA-X handles it with precision and empathy.

      2. AI Sales Agent In industries like e-commerce, automobile sales, or real estate, quick responses and intelligent product suggestions drive conversions. AiSA-X acts as a virtual sales assistant that interacts with visitors, understands their needs, and recommends the right products or services. It can even offer price comparisons, financing details, or demo scheduling—dramatically shortening the sales cycle.

      3. WhatsApp AI Integration for Businesses Modern customers prefer to communicate over platforms they already use. AiSA-X can be integrated with WhatsApp Business, allowing businesses to handle queries, bookings, and transactions right inside the chat window. Customers can message a business number, and AiSA-X will respond instantly, powered by the same intelligence that drives website conversations. This is especially useful for logistics, retail, and service-based businesses.

      4. Voice-Enabled Customer Service With voice-in and voice-out capabilities using state of the art voice models, AiSA-X can speak and listen. This is vital for customer service centers or industries with a significant non-literate user base. Aisa-X becomes a voice assistant that talks to customers in natural speech, answering questions, guiding them through services, or collecting data.

      5. Healthcare Appointment Booking and Triage Hospitals, clinics, and telemedicine platforms use AiSA-X to manage appointment bookings, send follow-up reminders, and provide information about doctors and departments. It can also collect preliminary health information from patients and route them to the correct specialist, saving administrative hours.

      6. Education & eLearning EdTech platforms can embed AiSA-X for the admission process, answering student doubts, guiding them through course materials, and collecting feedback. It also supports lead capture for admissions, fee inquiries, and faculty availability—automating large parts of the admission cycle.

      7. Real Estate & Property Management In real estate, AiSA-X helps capture and qualify buyer or renter leads, schedules property visits, and shares listing information. For property managers, it can collect maintenance requests or tenant feedback—all automatically sorted and tracked.

      8. AI for Human Resources HR departments and staffing firms can use AiSA-X to screen candidates, answer policy-related questions, and schedule interviews. It can also act as a digital onboarding assistant for new hires, guiding them through joining formalities.

      9. Banking & Financial Services AiSA-X can act as a secure, compliant assistant that handles account queries, guides users through KYC, and explains loan or investment products. With integration to CRMs, it can record leads and help in client servicing workflows.

      10. Travel, Ticketing, and Hospitality AiSA-X automates itinerary planning, ticket booking, hotel reservations, and customer support for cancellations or rebooking. For event organizers or ticketing platforms, AiSA-X ensures that user queries are answered instantly while offering relevant suggestions.

      Why Businesses Choose AiSA-X • Omnichannel Presence: AiSA-X supports deployment on websites, WhatsApp, Facebook Messenger, Instagram, Slack, Telegram, and more—ensuring businesses can reach customers wherever they are.

      • Custom Knowledge Uploads: Businesses can upload PDFs, documents, FAQs, or even sitemap URLs for AiSA-X to learn from. The assistant will retrieve relevant answers in real time.

      • Multilingual Support: AiSA-X supports multiple languages, making it ideal for global businesses or companies operating in multilingual regions like India, Europe, or Latin America.

      • CRM & Workflow Integrations: AiSA-X can connect to Zoho, HubSpot, Salesforce, and other CRMs, creating automated workflows for lead capture, ticket updates, and notifications.

      • Security & Scalability: With support for user management, session tracking, and industry-standard security practices, AiSA-X is built to scale securely.

      Built for B2B SaaS Providers If you're a platform builder, AiSA-X is white-label ready. SaaS providers can offer AiSA-X as a plug-and-play integration for their clients. It supports multi-tenancy, usage-based billing, and admin dashboards—ideal for agencies or developers offering AI-powered services.

      From embedded signup flows to API integrations and chatbot training dashboards, AiSA-X has thought of everything. Businesses can get up and running in minutes and offer AI capabilities to their clients with minimal effort.

      Proven Impact • 50% Faster Lead Conversions reported by businesses using AiSA-X in sales workflows.

      • 30% Reduction in Support Tickets due to intelligent auto-responses.

      • 2x Increase in User Engagement when deployed on WhatsApp and Instagram.

      • Up to 60% Cost Savings in customer support departments.

      Ready to transform your customer experience with AI? Visit https://aisa-x.ai and see AiSA-X in action.

      A Glimpse Into the Future AiSA-X continues to evolve. Voice call automation, AI-driven analytics dashboards, and proactive outbound messaging are on the roadmap. With integrations into Zapier, Pabbly, and CRMs already in place, the vision is clear: to become the go-to AI operating system for customer engagement.

      In a world where responsiveness and personalization define success, AiSA-X offers a competitive edge to businesses ready to embrace intelligent automation.

      About Vinsights Vinsights Solutions is a forward-thinking technology company focused on building real-world AI products that solve customer engagement, operations, and automation challenges. With AiSA-X, Vinsights is redefining how businesses interact with customers—intelligently, seamlessly, and at scale.

      (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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