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    11th Meeting of National Traders’ Welfare Board Convened in New Delhi
    DRI seizes 9.40 kg foreign-origin gold worth around Rs. 15 crore at Mumbai airport; three arrested
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September 25, 2026
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Trader welfare policy discussions covered GST reform, digital commerce, finance access, export promotion, and coordinated institutional support.
Deliberations covered GST rationalisation, refund delays, audit duration, amnesty schemes, input tax credit anomalies and pending appeals, alongside proposed inclusion of traders in MSME facilitation committees, a centralised loan portal with a 30-day timeline, CIBIL score reforms and grievance helplines. Trader welfare measures considered timely contractor payments, safeguards against technical penalties, loan-repayment flexibility during lean periods and stronger Centre-State coordination.
September 25, 2026
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Gold smuggling through powdered gold concealed in food products led to seizure and arrests under customs law.
Intelligence-led interception and baggage examination identified foreign-origin gold converted into fine powder and mixed with packaged food products of similar colour, texture and consistency. Segregation and assaying yielded 9.40 kg foreign-origin gold, which was seized under the Customs Act, 1962. Questioning linked the passengers to the same organised gold-smuggling syndicate, and they were arrested under that Act.
September 25, 2026
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Customs seizure of suspected smuggled areca nuts and restricted poppy seeds followed intelligence-led cross-border enforcement operations.
Intelligence-led customs enforcement in Mizoram and Assam resulted in seizure, under the Customs Act, 1962, of suspected foreign-origin areca nuts and poppy seeds believed on preliminary inquiry to have been smuggled from Myanmar. Searches of locked, unattended godowns near the Indo-Myanmar border recovered the commodities, while interception of two trucks carrying poppy seeds without valid import documents led to seizure of the consignments and vehicles. Four persons connected with transportation of the poppy seeds were arrested.
September 25, 2026
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Industrial control system cybersecurity certification validates system-level protection across wind farm controls, networks, and lifecycle security services.
IEC 62443-3-3 Security Level 2 certification applies to a wind farm control system covering SCADA, PPC, PLC and industrial network devices. It assesses system-level security requirements, including the interaction of components, networks and security mechanisms within an overall industrial control environment. The cybersecurity framework also spans secure development, certified core control components, system-level protection, and security integration and maintenance services across the lifecycle of wind energy technologies.
September 25, 2026
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Foreign exchange reserve composition reflects a weekly decline driven by foreign currency assets despite a modest gold increase.
India's foreign exchange reserves declined by USD 14.881 billion to USD 765.901 billion for the week ended 18 September 2026. The contraction was principally driven by a reduction in foreign currency assets, which also reflect valuation effects from movements in non-US reserve currencies. Gold reserves increased, while Special Drawing Rights decreased and the reserve position with the International Monetary Fund remained reported separately.
September 25, 2026
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Five-day banking proposal remains under consideration amid strike plans and measures for uninterrupted banking and advance disbursements.
Five-day banking remains under governmental consideration, with no Finance Ministry commitment to implementation. Unions linked the proposal to the 12th Bipartite Settlement/9th Joint Note, which contemplated extended Monday-to-Friday working hours. Family pension revision and a pension option for resignees were identified as addressed, while withdrawal of the Performance Linked Incentive scheme remains in abeyance. Public sector banks were instructed to remain open on the preceding Sunday, and central government salaries, wages and pensions were directed to be disbursed in advance.
September 25, 2026
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Alternative fuel transition promotes ethanol, electric and hydrogen mobility to reduce imports, pollution, and strengthen farm income.
Alternative-fuel and public-transport measures seek to reduce dependence on imported petroleum, curb air pollution, and support farmer income and employment. Ethanol is positioned as a farm-income source through increased demand and returns for maize growers, alongside electricity, hydrogen and waste-derived CNG. Development and introduction of flex-fuel vehicles, using engines capable of operating on ethanol, electric tractors, hydrogen-powered vehicles and hydrogen buses form part of a cleaner-mobility strategy.
September 25, 2026
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Foreign-exchange market intervention expectations supported rupee appreciation amid improved risk sentiment, while importer demand and crude prices constrained gains.
Foreign-exchange market conditions supported a 19-paise appreciation of the rupee to 95.80 against the US dollar, aided by improved global risk sentiment and expectations of Reserve Bank intervention. Dollar demand from importers, high crude prices and US dollar strength constrained gains. Lower crude prices and dollar weakness could support the rupee, while geopolitical escalation may create pressure. Market participants expected intervention if the currency weakened toward 96.
September 25, 2026
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Credit health assessment combines score, repayment history, utilisation, accounts and enquiries to support informed borrowing and profile monitoring.
Credit health is broader than a numerical credit score and encompasses the way credit has been managed over time. Credit analysis requires a combined review of the score, repayment history, credit accounts, credit utilisation, credit history and credit enquiries. A credit report may identify management of EMIs and credit-card dues, existing borrowing obligations, use of revolving credit relative to available limits, and recent lender checks associated with credit applications. Incorrect or unfamiliar entries may be reviewed and, where necessary, raised with the relevant lender or credit bureau.
September 25, 2026
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Fuel-price mitigation measures use tax reductions, targeted subsidies and energy-security policies to ease pressure on households and energy-intensive industries.
European fuel-price intervention combines targeted subsidies, fuel-tax reductions, temporary regulatory flexibilities and energy-security investment to moderate the economic effects of sharply higher gasoline and diesel prices caused by disrupted supplies. Member States have temporary discretion to grant state aid to households and energy-intensive sectors, including agriculture, transport and fishing, and limited flexibility under EU spending rules for investments that improve energy security and reduce dependence on imported fossil fuels.
September 25, 2026
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AI management certification anchors responsible lifecycle governance, transparency, accountability, security, and human oversight for agentic loyalty systems.
ISO/IEC 42001:2023 certification applies to an Artificial Intelligence Management System governing AI development, deployment, oversight and continual improvement within the GRAVTY platform. The framework supports AI-related risk management, responsible governance, transparency, accountability, security and human oversight throughout the AI lifecycle. Its scope includes supervised and unsupervised learning models and large language models supporting personalised engagement, fraud management, loyalty intelligence, autonomous decision-making, operational automation and workflow support.
September 25, 2026
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Digital warehousing controls propose electronic tracking, secure transport, monthly returns, and risk-based compliance verification for warehoused goods.
Draft Warehousing Operations Regulations, 2026 would require public and private warehouse licensees to use the electronic portal and a digital warehouse management system for receipt, storage, transfers, removals and accounting of warehoused goods. Transport would generally require a one-time-lock and transit-risk insurance, subject to specified exemptions. Licensees would verify locks and goods, report discrepancies, maintain auditable electronic records, submit monthly returns, and permit removals for home consumption or export only upon electronic clearance orders. Non-confirmation, discrepancies and contraventions would trigger information demands, risk-based verification and action under the Customs Act.
September 25, 2026
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Technology risk governance requires banks to retain accountability, test resilience, and govern artificial intelligence before scaling financial services.
Technology risk governance must treat technology architecture as a first-order enterprise risk, alongside conventional financial risks, because the availability and integrity of core banking, payments, onboarding, credit, fraud-monitoring and reporting systems determine whether customers can access essential financial services. Banks may outsource technology functions but retain accountability for access controls, concentration, recoverability, data protection and exit options. Effective resilience requires secure architecture, asset visibility, timely remediation of vulnerabilities and legacy systems, identity and access management, effective controls, third-party oversight, post-incident learning, and regular recovery testing.
September 25, 2026
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Global value chain integration advances trade partnerships, semiconductor capacity, and deep-tech innovation within broader economic engagement.
India's global economic engagement prioritises trade and economic partnerships to strengthen participation in global value chains and supply chains, facilitating cross-border movement of goods and services. The approach is linked to projected semiconductor demand and development of artificial-intelligence capabilities, alongside innovation, deep-tech startup support and private-sector space activity. The startup ecosystem is described as having expanded substantially, with current policy emphasis on deep-tech innovation and participation in global markets.
September 25, 2026
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Trade agreement review targets balanced, user-friendly, trade-facilitative rules to address asymmetries and strengthen regional commerce.
The ongoing review of the ASEAN-India Trade in Goods Agreement seeks to enhance trade flows, address trade asymmetries, and deliver a balanced, effective, user-friendly, and trade-facilitative arrangement for businesses. It forms part of India's commitment to mutually beneficial trade partnerships and regional trade arrangements.
September 24, 2026
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Portfolio management reforms broaden permitted investments, establish independent fund managers, and retain registered managers' responsibility for client portfolios.
Portfolio-management reforms replace the 2020 framework and expand investments into IPOs, primary-market debt, listed overseas equity and debt, and direct plans of Indian mutual fund schemes. Investment-grade unlisted non-convertible debt may comprise up to 10 per cent of client assets under management with client consent. Independent Fund Managers may operate with registered portfolio managers, which retain responsibility and liability. Accredited-investor eligibility is broadened, while specified compliance requirements are relaxed where adequate audit trails and internal controls exist.
September 24, 2026
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Merchant discount rate on UPI merchant payments may be treated as a taxable payment settlement service with input credit availability.
GST treatment of MDR charged on UPI merchant payments above Rs 2,000 is to be considered by the GST Council. The MDR framework imposes a merchant-borne charge for payment processing and settlement. As these activities are services, MDR may attract GST at 18 per cent, subject to the Council's view. Merchants paying GST on MDR may claim input tax credit, potentially reducing their net tax burden.
September 24, 2026
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Fiscal responsibility limits frame cautions on new projects as budgetary discipline rather than financial crisis.
Finance-department advice treats fiscal indicators as grounds for restraint in approving additional expenditure rather than as evidence that funds are unavailable. Funding new projects may be difficult until additional resources are mobilised or allocations already approved are reallocated. Project proposals lacking budgetary provision or earmarked funding may create cash-flow pressures and fiscal-management challenges, requiring deferment until resources are finalised.
September 24, 2026
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Corporate document forgery allegations trigger investigation into unauthorised insolvency consortium participation and disputed share transfers.
An FIR concerns alleged cheating, forgery, criminal conspiracy, corporate-document misuse, and unauthorised financial liabilities arising from participation in a corporate insolvency resolution process. Allegations include entering a consortium arrangement without the Parekh Group's knowledge or authorisation, reliance on a fabricated and unapproved board resolution, and unauthorised transfer of shares to a group-controlled entity. Investigation covers disputed-record authenticity, alleged digital-signature misuse, and financial transaction trails.
September 24, 2026
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Energy security shapes continued Russian crude sourcing as alternative suppliers replace shortfalls amid potential sanctions-related restrictions.
Russian crude imports are operating near 1.8 million barrels daily in September, with refinery maintenance, stronger Chinese buying, and disruptions to Russian export infrastructure constraining availability. Middle Eastern supply, especially from Iraq and Saudi Arabia, has offset reduced Russian volumes. Potential tougher restrictions on countries purchasing Russian oil could complicate procurement, but energy security and tight physical oil markets make a significant near-term reduction in Russian crude purchases unlikely. Replacement remains technically possible but may raise procurement costs and competition for medium-grade crude.

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Refresh The Game: Pepsi® Unites Football Legends Across Generations in Latest Global Campaign

May 19, 2025

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• Pepsi's global ambassadors Alexia Putellas, Lauren James, Leah Williamson, Caroline Graham Hansen and Farah Jefry star in latest film, Refresh the Game.

• Women's football superstars take fans on a journey through time as they refresh some of Pepsi's most iconic footballing moments.

• Football legends David Beckham, Pelé, and Ronaldinho join the action, as the film unites players across generations, clubs and countries through the love of the game.

• Refresh the Game celebrates the unapologetic challenger spirit, talent and personalities of football, ensuring the next 50 years of the game are just as legendary as the last.

LONDON, May 19, 2025 /PRNewswire/ -- Pepsi® has brought together football legends from across generations, clubs and countries in a new star-studded, global campaign. Refresh the Game features today's icons of football united with legends of the past, as they refresh Pepsi's most memorable footballing moments over the past 50 years.

For half a century, Pepsi has been at the heart of football culture, delivering era-defining films that shine a light on the sport's most legendary figures. From Pelé's debut in the 1970s to David Beckham's wild west standoff and Ronaldinho's beachside brilliance. Refresh the Game is no different - it's a celebration of footballing icons and the stars redefining the game today.

With record-breaking viewership and surging participation, women's football is entering a new era in becoming the fastest growing sport on the planet, and Pepsi is committed to strengthening its future.

Its lineup of worldclass talent, including Alexia Putellas, Lauren James, Caroline Graham Hansen, Farah Jefry and Leah Williamson, are rewriting the rules and shattering stereotypes. Euro-conquering heroes, Champions League legends, prolific scorers, Ballon d'Or Feminin and Women's Super League royalty, this all-star lineup are defining dominance. On and off the pitch, their jaw-dropping skills, dynamic personalities, and unapologetic flair are changing the game.

Refresh the Game opens with Putellas, James, Graham Hansen and Jefry in a press conference before they are transported to famous scenes of the past. First up, Putellas joins Pelé on the pitch with scenes from the 1974 film Join the Pepsi Generation. Pelé and Putellas unite— he delivers a precision pass, and she, with effortless brilliance, rainbow flicks the ball over the defender.

Alexia Putellas, commented: "To be 'playing' with the legendary Pelé, even in a fictional game, is an opportunity I never thought possible. Growing up, Pelé was an icon on and off the pitch – and his legacy continues today. I hope this film helps ignite that kind of motivation in young athletes everywhere, showing them there is a place in football for everyone." Pele Foundation commented: "To see Pelé as a part of a campaign focused on inspiring the younger generation aligns with our efforts as a charity to empower children around the world. The film highlights the importance of lifting up other athletes and inspiring them to reach their potential. We're glad that Pelé's legacy continues to live on." In an ode to Pepsi's 2005 Surfers film the audience is transported into the iconic scene, where footballing legends Ronaldinho and Caroline Graham Hansen defy gravity effortlessly exchanging passes across the waves. Moments later, Leah Williamson arrives on the beach, delivering an epic volley toward the legendary Pepsi cooler just as Alexia Putellas grabs a refreshing can of Pepsi, before the film concludes with the ambassadors back in the present day.

Caroline Graham Hansen commented: "I remember so clearly watching the original Surfers film on TV when I was younger, so being part of this campaign and refreshing that scene felt quite surreal. The beach battle scene was so much fun, and working with fellow athletes brought out an extra level of energy in me." Ronaldinho commented: "Seeing the Surfers scene brought to life again has been so nostalgic and Graham Hansen steals the show. The film's message of inspiring young athletes is profoundly important to me. It demonstrates that ambitious dreams, coupled with unwavering effort, can lead to extraordinary achievements." Leah Williamson commented: "I am so proud to be part of Pepsi's Refresh the Game campaign and to stand alongside legends of the game. It's a privilege to be part of something that unites generations and inspires the next wave of footballers around the world." The film cuts to David Beckham, standing in a wild west saloon, a reprise from 2003's Wild West. James intercepts an ice-cold bottle of Pepsi as it slides across the counter before it reaches the former England international. James then joins Jefry outside for a cheeky nutmeg before grabbing a can of Pepsi.

Lauren James commented: "Sharing the screen with legendary players of the past and future is a dream come true. As a lifelong fan, getting the chance to appear in a Pepsi campaign alongside players that are redefining today's game will go down as a career highlight for me." David Beckham added: "We're witnessing a new generation of sporting superstars, and it's been an honour to feature alongside them. The players in this campaign have played a pivotal role in getting women's football to where it is today." Farah Jefry commented: "Everyone grew up watching Pepsi's iconic football ads and to be starring in one of them myself has been an unbelievable experience. I never expected to be battling it out in the Wild West with my fellow footballer Lauren James!" Cathy Graham Kidd, Senior Marketing Director at Pepsi, commented: "Our new film Refresh the Game celebrates football legends of the past and champions the stars redefining the game today. At Pepsi we are committed to accelerating women's football, supporting those who challenge conventions to drive excitement and change. By using the power of entertainment, together, we want to bring women's football to new audiences by showcasing the raw talent and joy it brings.

"Pepsi has always been about refreshing and reinventing the status quo - whether it's through our products or partnerships - and this campaign is a celebration of that. We have an unmissable summer of football ahead of us and we can't wait to watch it with the rest of the world." Pepsi is championing the icons of the game around the world - from globally renowned talent to local rising stars, including; Signe Bruun and Josefine Hasbo (Denmark), Nadine Riesen and Riola Xhemaili (Switzerland), Jéssica Silva and Tatiana Pinto (Portugal), Stina Blackstenius (Sweden) and Johanna Rytting Kaneryd (Sweden) - who will make special cameo appearance in Refresh the Game across screens in market.

Fuelling the ascension and future of football, Pepsi has renewed its commitment to support UEFA Women's Football to 2030 - marking a groundbreaking, long-term pledge to drive the sport's continued growth. This industry-first investment reflects Pepsi's confidence in the future of the women's game and its dedication to elevating its players to new heights. Refresh the Game celebrates the iconic personalities of football, whilst ensuring the next 50 years are just as legendary as the last. Pepsi fans worldwide can follow Pepsi channels to see the film and more from the players as the campaign unfolds: X (Twitter), Instagram, Facebook.

Notes to Editors About PepsiCo PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated nearly $92 billion in net revenue in 2024, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales.

Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with pep+ (PepsiCo Positive). pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. For more information, visit www.pepsico.com, and follow on X (Twitter), Instagram, Facebook, and LinkedIn @PepsiCo.

Video - Photo - Embedded Media Photo - Embedded Media Photo - Embedded Media Logo - Embedded Media (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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