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September 25, 2026
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Interest-free working capital assistance for FCV tobacco growers supports liquidity, institutional loan repayment, crop inputs, and reduced private borrowing.
A one-time, interest-free working-capital loan of Rs. 50,000 per barn is approved for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering about 44,000 growers, the assistance is proposed to be delivered through direct benefit transfer. It is intended to provide liquidity for household requirements, institutional loan repayment and crop inputs, while reducing dependence on private borrowing.
September 25, 2026
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Government securities auction calendar establishes retail bidding access, flexible issuance terms, greenshoe subscriptions, and periodic debt switch operations.
Each auction carries a non-competitive bidding facility, under which five per cent of the notified amount is reserved for specified retail investors. The Government may modify indicated amounts, issuance periods and maturities, and may issue instruments with non-standard maturities, floating-rate bonds or inflation-indexed bonds, having regard to governmental requirements, market conditions and other relevant factors. It may retain additional subscriptions through a greenshoe option and conduct switch or buyback auctions of dated securities.
September 25, 2026
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Market borrowing plan sets dated securities auctions, Treasury Bill issuance, redemption management, and temporary cash-flow support.
Government market borrowing for the second half of FY 2026-27 is to be raised through weekly auctions of dated securities, including Sovereign Green Bonds, across maturities from 3 to 50 years. Debt-management measures include switching and buyback operations to smooth the redemption profile and a greenshoe option for additional subscriptions. Treasury Bills are to be issued through weekly auctions in 91-day, 182-day and 364-day maturities. The Ways and Means Advances limit is fixed to address temporary mismatches in government accounts.
September 25, 2026
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GI-tagged agricultural exports expand farmer access to international markets through FPO-led value chains and higher price realisation.
APEDA facilitated the export of a one-metric-tonne consignment of GI-tagged Gulbarga Tur Dal from Karnataka to the Maldives through an FPO-led brand. Gulbarga Tur Dal has held GI registration since 2019. The export-linked channel provides farmers a realisation of Rs.82 per kg compared with a prevailing market price of Rs.60 per kg, while supporting closer integration of FPOs and farmers into export-oriented supply chains.
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.

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Trump administration releases people to shelters it threatened to prosecute for aiding migrants

May 24, 2025

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Texas, May 23 (AP) The Trump administration has continued releasing people charged with being in the country illegally to nongovernmental shelters along the US-Mexico border after telling those organizations that providing migrants with temporary housing and other aid may violate a law used to prosecute smugglers.

Border shelters, which have long provided lodging, meals and transportation to the nearest bus station or airport, were rattled by a letter from the Federal Emergency Management Agency that raised “significant concerns” about potentially illegal activity and demanded detailed information in a wide-ranging investigation. FEMA suggested shelters may have committed felony offenses against bringing people across the border illegally or transporting them within the United States.

“It was pretty scary. I'm not going to lie,” said Rebecca Solloa, executive director of Catholic Charities Diocese of Laredo.

US Immigration and Customs Enforcement continued to ask shelters in Texas and Arizona to house people even after the March 11 letter, putting them in the awkward position of doing something that FEMA appeared to say might be illegal. Both agencies are part of the Department of Homeland Security.

After receiving the letter, Catholic Charities received eight to 10 people a day from ICE until financial losses forced it to close its shelter in the Texas border city on April 25, Solloa said.

The Holding Institute Community, also in Laredo, has been taking about 20 families a week from ICE's family detention centres in Dilley and Karnes City, Texas, Executive Director Michael Smith said. They come from Russia, Turkey, Iran, Iraq, Papua New Guinea and China.

Annunciation House in El Paso, Texas, has been receiving five to 10 people day from ICE, including from Honduras and Venezuela, said Ruben Garcia, its executive director.

International Rescue Committee didn't get a letter but continues receiving people from ICE in Phoenix, according to a person briefed on the matter who spoke on condition of anonymity to discuss information that has not been made public. The releases include people who had been held at ICE's Krome Detention Center in Miami, the site of severe overcrowding.

*Working around conflicting issues ICE's requests struck Solloa as a “little bit of a contradiction,” but Catholic Charities agreed. She said some guests had been in ICE detention centres two to four weeks after getting arrested in the nation's interior and ordered released by an immigration judge while their challenges to deportations wound through the courts. Others had been flown from San Diego after crossing the border illegally.

Those released were from India, China, Pakistan, Turkey, and Central and South America, Solloa said.

Smith, a Methodist pastor, said that the FEMA letter was alarming and that agreeing to continue caring for people released by ICE was “probably not a good idea.” Still, it was an easy choice.

“There's some things that are just right to do," he said.

Tricia McLaughlin, spokeswoman for the Homeland Security Department, drew a distinction with large-scale releases under Trump's predecessor, Joe Biden. The Biden administration worked closely with shelters but, during its busiest times, released migrants at bus stops or other public locations.

“Under the Biden administration, when ICE has aliens in its custody who are ordered released, ICE does not simply release them onto the streets of a community — ICE works to verify a sponsor for the illegal alien, typically family members or friends but occasionally a non-governmental-organisation,” McLaughlin said.

The government has struggled to quickly deport people from some countries because of diplomatic, financial and logistic challenges. Those hurdles have prompted ICE to deport people to countries other than their own, including El Salvador, Costa Rica, Panama and — this week — South Sudan. If those options aren't available, ICE may be forced to release people in the United States.

People can challenge deportations in immigration court, though their options are much more limited when stopped at the border. If a judge orders their release, ICE is generally left with no choice but to release them.

Families pose another challenge. ICE is generally prohibited from holding families with children under 18 for more than 20 days under a long-standing court agreement that the Trump administration said Thursday it would try to end.

The Trump administration has boasted that it virtually ended the practice of releasing people who cross the border illegally with notices to appear in immigration court. The Border Patrol released only seven people from February through April, down from 1,30,368 the same period a year earlier under President Joe Biden. But those figures do not include ICE, whose data is not publicly available *Close ties between shelters and federal authorities FEMA awarded USD 641 million to dozens of state and local governments and organizations across the country in the 2024 fiscal year to help them deal with large numbers of migrants who crossed the border from Mexico.

FEMA has suspended payments during its review, which required shelters to provide "a detailed and descriptive list of specific services provided.” Executive officers must sign sworn statements that they have no knowledge or suspicions of anyone in their organizations violating the smuggling law.

The releases show how border shelters have often maintained close, if cordial, relations with federal immigration authorities at the ground level, even when senior officials publicly criticise them.

“We have a good working relationship with our federal partners. We always have," Solloa said. “They asked us to help, then we will continue to help, but at some point we have to say, Yikes I don't have any more money for this. Our agency is hurting and I'm sorry, we can't do this anymore.'” Catholic Charities hosted at least 1,20,000 people at its Laredo shelter since opening in 2021 and housed 600 to 700 people on its busiest nights in 2023, Solloa said. It was counting on up to USD 7 million from FEMA. The shelter closed with loss of nearly USD 1 million, after not receiving any FEMA money.

Holding Institute, part of United Women in Faith, has cut paid staff and volunteers to seven from 45 amid the absence of federal funding, Smith said. To save money, it delivers most meals without protein. Language differences have been challenging.

The International Rescue Committee said in a statement that it intends to continue providing support services to released people in Phoenix.

“As the scale and scope of these needs evolve, the IRC remains committed to ensuring individuals have access to essential humanitarian services, including food, water, hygiene supplies and information,” it said. (AP) RHL RHL

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