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    LPG subsidy: Aadhaar biometric authentication mandatory for subsidised refills from Oct 1
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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
Show AI Summary
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
Show AI Summary
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
Show AI Summary
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.
September 18, 2026
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Direct tax collections reflect stronger advance tax payments, alongside increased corporate tax, securities transaction tax, and refund issuance.
Net direct-tax collections exceeded Rs 12.12 lakh crore through 17 September, reflecting 13 per cent growth following increased advance-tax receipts. Gross direct-tax collections exceeded Rs 14.32 lakh crore, while refunds exceeded Rs 2.20 lakh crore. Corporate-tax and non-corporate tax collections increased, as did Securities Transaction Tax collections. Advance-tax receipts exceeded Rs 5.22 lakh crore, comprising increased corporate advance tax and non-corporate advance tax payments.
September 18, 2026
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Upper-layer NBFC listing compliance sharpens corporate governance conflict over public accountability, shareholder liquidity, and preservation of private ownership.
Tata Sons' status as an upper-layer non-banking financial company has brought its proposed public listing into focus after the Reserve Bank of India rejected its application to voluntarily surrender core investment company registration. Tata Sons is required to take steps to comply with the enhanced regulatory framework applicable to upper-layer NBFCs, which includes stock-market listing. Classified in 2022, Tata Sons did not meet the original listing deadline and had pursued deregistration after repaying debt.

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RFK Jr.'s MAHA report raises concerns about vaccines, American foods and prescription drugs

May 23, 2025

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Washington, May 22 (AP) A government report released on Thursday covering wide swaths of American health and wellness reflects some of the most contentious views on vaccines, the nation's food supply, pesticides and prescription drugs held by Health and Human Services Secretary Robert F. Kennedy Jr.

The much-anticipated “Make America Healthy Again” report calls for increased scrutiny of the childhood vaccine schedule, a review of the pesticides sprayed on American crops and a description of the nation's children as overmedicated and undernourished.

“Never in American history has the federal government taken a position on public health like this,” Kennedy told a group of MAHA supporters during an event unveiling the report on Thursday.

While it does not have the force of a law or official policy, the 69-page report will be used over the next three months for the MAHA commission to fashion a plan that can be implemented during the remainder of President Donald Trump's term.

Speaking to MAHA supporters at the White House on Thursday, Trump praised the report.

“There's something wrong and we will not stop until we defeat the chronic disease epidemic in America,” Kennedy refused to provide details about who authored the report.

The HHS report scrutinizes vaccines, without evidence that it's warranted Increased scrutiny of childhood vaccines — credited with saving millions of people from deadly diseases — figures prominently in the report. It poses questions over the necessity of school mandates that require children to get vaccinated for admittance and suggestions that vaccines should undergo more clinical trials, including with placebos.

Kennedy, a longtime vaccine critic, has raised doubts about the safety of shots even as a measles outbreak has sickened more than 1,000 Americans. This week, Kennedy's health department moved to limit U.S. access to COVID-19 shots.

The report does not provide any evidence that the childhood vaccine schedule, which includes shots for measles, polio and the chickenpox, is to blame for rising obesity, diabetes or autism rates, said Amesh Adalja, an infectious disease physician at Johns Hopkins University.

“It's not as if they're positing any kind of causal link,” Adalja said, adding that Kennedy is “is trying to devalue vaccines in the minds of Americans.” Controversy over farming chemicals divides 'MAHA' movement Parts of the report highlight growing factions within the Trump administration's MAHA movement, even as the report strained to appease opposing forces within the politically diverse coalition that Trump and Kennedy have fostered.

The report makes dozens of references to dietary guidelines and standards in Europe, but Environmental Protection Agency head Lee Zeldin promised it would not yield more rigorous regulations.

“This cannot happen through a European mandate system that stifles growth,” Zeldin said in a call with reporters.

Despite numerous studies and statements throughout the MAHA report that raise concerns about American food products, Trump Cabinet officials insisted during a call with reporters on Thursday that the nation's food supply is safe.

The report mentions that glyphosate, a commonly used chemical sprayed on crops, may cause serious health problems, including cancer. The World Health Organization has said that the chemical is a probable carcinogen to humans, although the U.S. Environmental Protection Agency has said it is unlikely.

Farmers, who — alongside Republican lawmakers — hounded the Trump administration leading up to the report's release, swiftly criticized the report's comments on the chemicals.

“The Make America Healthy Again Report is filled with fear-based rather than science-based information about pesticides,” the National Corn Growers Association said in a statement.

But Kennedy's MAHA supporters were also disappointed, saying the report didn't go far enough when it came to chemicals used on crops.

“If the Trump White House and Republicans don't take pesticides and glyphosate's link to human health issues seriously, it will cost them the MAHA vote in the midterms,” said Dave Murphy, a former Kennedy fundraiser who spearheaded a push for the issue to be addressed in the report.

Talking about the report on Thursday, Trump reiterated his “love” for farmers.

Agriculture Secretary Brooke Rollins acknowledged the tight rope Trump officials are walking to keep farmers, many of them in Republican-leaning states, happy while also working to satisfy Kennedy's eclectic and health-conscious following.

“Do all of us agree on everything? Of course not,” Rollins said. “But the place that we have landed, which is, I think all of us agree, is that this is not a binary choice between an industry, agriculture and health.” Ultraprocessed foods also blamed for unhealthy Americans The report comes out stronger, however, against ultraprocessed foods — industrially made products high in refined grains, sugar, saturated fats and additives like artificial dyes that now make up two-thirds of the diet for U.S. teens and children. Such products have been linked to a host of poor health outcomes, though documenting how they cause those problems has been notoriously difficult and time-consuming.

The MAHA commission report “is a pretty accurate depiction of the nutrition crisis facing our country,” said Dr. Dariush Mozaffarian, an expert in nutrition and policy at Tufts University.

The report focuses not only on ultraprocessed foods, but also on how too few fruits, vegetables, legumes, nuts, seeds and fish are present in U.S. diets, he noted. But the report leaves out excess salt, which causes harm, even in young children.

The MAHA report calls on the National Institutes of Health to execute sweeping, nationwide studies of ultraprocessed foods, even as the White House has called for $18 billion to be axed from the agency's budget. An extra $500 million has been requested from Congress for Kennedy's MAHA initiative.

The report raises concerns about other environmental and chemical research results, funded by corporations and industry, being skewed.

But the MAHA commission's call for more neutral research comes as sweeping budget and staff cuts propelled by Trump's Department of Government Efficiency have resulted in 20,000 jobs lost at the nation's health department and billions of dollars rescinded for research studies. The Trump administration also gutted the Environmental Public Health Tracking Program in its cuts of health-tracking programs.

The report also raises concerns about the lack of physical activity among children and their prescription drug use, including antibiotics and medications used to treat attention deficit disorders.

Some in the MAHA movement have raised concerns about offering medications, even over-the-counter drugs like pain relievers, to children.

But Trump spent 10 minutes during Thursday's event telling MAHA supporters how he's working to lower the cost of prescription drugs. The East Room crowd, packed full of MAHA supporters that offered applause for Trump's calls to investigate chronic disease in children, responded mildly — and eventually stopped clapping entirely — as he continued to talk about lowering drug costs.

“I think it's going to go down as one of the most important things we've ever down because drug prices are going to go down,” he said, as Kennedy looked on. (AP) HIG HIG

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