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    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
    APEDA Organises BIOFACH INDIA 2026 to Promote India's Certified Organic Products and Expand Global Market Access
    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
    Sensex climbs 374 points on buying in Reliance, ICICI Bank; Nifty ends flat
    Insurance Division, DFS Secures 3rd Rank in Group A Category of Grievance Redressal Assessment & Index (GRAI) for June 2026
    VKDL Group’s NPA Bazaar Strengthens India’s Distressed Asset Resolution Ecosystem Under the Leadership of V K Dubey
    Lok Sabha passes bill to authorise govt to permit banks to levy charges on UPI transactions
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    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
    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
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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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.
    August 6, 2026
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    Merchant discount rate framework may permit charges on notified UPI and digital payments through a government notification mechanism.
    The proposed amendment to Section 10A of the Payment and Settlement Systems Act, 2007 replaces the existing income-tax-linked reference with a Central Government notification-based mechanism for electronic payment modes. It removes the current statutory restriction preventing banks and payment service providers from charging Merchant Discount Rate on notified modes, enabling the Government to permit charges for UPI and other digital payments. The policy rationale is to support funding for payment infrastructure and a sustainable revenue model for service providers.

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      Players and Teams Ruling the Roost in IPL 2025

      May 16, 2025

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      In anticipation of the league restart, Parimatch compiled infographics detailing key statistics and facts regarding the progress of IPL 2025 teams New Delhi, Delhi, India (NewsVoir) We will have a look at who is leading the race for the individual awards this season and which players are having the most impact on the pitch in the ongoing IPL season, benefiting their teams in the longer run: #1 Race for the Playoffs: 7 Teams still in the mix; RCB and GT favorites to finish in Top 2 Chennai Super Kings, Sunrisers Hyderabad, and Rajasthan Royals exited the race to the playoffs quite early, allowing the other seven teams to have a neck-to-neck battle, with Royal Challengers Bengaluru and Gujarat Titans slight favorites to finish in the Top 2.

      GT and RCB have raced ahead of the other sides, pocketing 16 points each as both GT and RCB have won eight matches each and lost on three occasions. The Royal Challengers, led by their new skipper Rajat Patidar, have lost all three home matches on their home ground and have the chance to become the first team to win all seven away matches in the league phase of IPL.

      Punjab Kings is in third place with seven wins, three defeats, and one No Result as rain spoiled their party at the Eden Gardens after the Shreyas Iyer-led side had scored 200+ runs in the first innings.

      Mumbai Indians and Delhi Capitals have 14 and 13 points, respectively and would be fighting it out for the last playoff place when they meet on May 21. Kolkata Knight Riders and Lucknow Super Giants remain outside contenders and can sneak in if they win their remaining matches.

      #2 Orange Cap keeps changing hands almost every day The Orange Cap should be renamed the Orange Baton after analyzing the 2025 season of the cash-rich league as the orange cap has continuously shifted between Nicholas Pooran, Sai Sudharsan, Virat Kohli, and Suryakumar Yadav as the four players have kept their sides in the hunt of the playoffs at the end of first week of May.

      Currently, the first and fifth position in the Orange Cap race are spearated by a mere 10 runs as Suryakumar Yadav, the current holder of the coveted award has 510 runs in 12 innings at an average of 63.75 and a strike rate of 170.56, making him the only player to be in Top 5 lists of highest run-getters and highest strike-rates (minimum 100 runs).

      In the second and third place are Sai Sudharsan and GT skipper Shubman Gill with 509 runs and 508 runs respectively at strike rates of 150+. The GT opening pair have recorded three century partnerships in the ongoing season and has been given a huge helping hand by Jos Buttler, who has scored 500 runs at an average of 71.43 and a strike rate of 163.93 and takes the fifth place on the list.

      RCB stalwart Virat Kohli is in fourth place with 505 runs at a strike rate of 143.46 as the chase-master has played the anchoring role for the Bengaluru-based franchise, scoring seven half-centuries in seven out of eight wins for his beloved franchise.

      #3 Prasidh Krishna takes a slight lead in the Purple Cap Race Unlike the Orange Cap, which shifts hands every second day, Prasidh Krishna has had the Purple Cap for a few days as the Bengaluru-born fast bowler has struck 20 wickets in 11 matches, leading the GT bowling attack in the absence of Kagiso Rabada.

      Noor Ahmad has also raced to 20 wickets in 12 matches after taking 4 wickets in the narrow 2-wicket win against KKR, but the Afghan spinner has only two matches left in the competition, which hurts his chances of bagging the individual accolade.

      Josh Hazlewood is in third place with 18 wickets in 10 matches, and the Australian fast bowler would be hoping to shake off his injury ahead of RCB’s next match. Trent Boult and Varun Chakravarthy have 18 and 17 wickets in 12 matches, respectively, while Arshdeep Singh and Vaibhav Arora have 16 wickets each in 11 matches.

      #4 The tale of two home grounds for three franchises While seven franchises have decided to remain loyal to their home ground and the bustling crowds at their preferred venues, three franchises from the northern and western parts of the country have taken a different route.

      Delhi Capitals started the season by playing two of their home fixtures in Vizag as the city in Andhra Pradesh played host to two of DC’s games. Guwahati has also played host to two matches this season as Rajasthan Royals started out their season in the eastern part of the country in a bid to extend the cricketing action to more states, with local boy Riyan Parag acting as the stand-in skipper for RR during that period.

      Punjab Kings had planned to play three of their matches in Dharamsala and four in Mullanpur, but two of their three fixtures scheduled at the HPCA Stadium in Dharamsala will be played elsewhere due to the ongoing tensions at the India-Pakistan border.

      #5 Sunil Narine leads the way for Most Valuable Player Award The 2024 IPL Most Valuable Player Award winner Sunil Narine once again leads the way in the Most Valuable Player Award race as the KKR all-rounder has 237.5 points courtesy of 215 runs at a strike rate of 168 and 10 wickets while keeping his economy rate at 7.5. Narine has proven to be the complete package as he regularly bowls 4 overs and opens the innings as well.

      Suryakumar takes the second position with 228 points courtesy of 510 runs, which include 51 fours and 26 maximums, while Nicholas Pooran takes the third position with 227 points collected via 34 fours and 34 maximums, helping him cross the 400-run mark.

      Yashasvi Jaiswal and Jos Buttler take the fourth and fifth positions courtesy of their good show with the bat and in the field. Except Sudharsan and Gill, Parag, Ravindra Jadeja, and Prabhsimran Singh complete the Top 10 List of Most Valuable Players in IPL 2025.

      #6 Sai, Priyansh, and Noor to battle it out for the Emerging Player of the Season Award The ongoing IPL season has all been about younger players breaking through the barricades as debutants like 17-year old Ayush Mhatre, Vipraj Nigam, Digvesh Rathi, Priyansh Arya, and 14-year old Vaibhav Suryavanshi have made a mark courtesy of their splendid shows.

      Following in the steps of a long list of uncapped centurions for Punjab Kings, Arya scored a century of 39 balls and has scored 347 runs in 11 matches at a strike rate of 192.77 in total challenging the likes of Sudharsan and Noor for the coveted award.

      While Sai and Noor are not debutants, they are eligible for the award and are the front-runners along with the likes of Harshit Rana and Naman Dhir.

      *All Stats as of 15th May (After the conclusion of KKR vs CSK) (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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