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    Government's Financial Inclusion Mission Continues to Foster Economic Empowerment Through Universal Banking, Social Security and Credit Access
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    July 22, 2026
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    Financial inclusion expands universal banking, social insurance, pensions and collateral-free credit for underserved households and entrepreneurs.
    Financial inclusion is pursued through universal banking under Pradhan Mantri Jan Dhan Yojana, social-security coverage through life, accident and pension schemes, and credit access for underserved borrowers. Pradhan Mantri Mudra Yojana provides collateral-free institutional finance to micro and small business units for income-generating activities. The Stand-Up India Scheme supports Scheduled Caste, Scheduled Tribe and women entrepreneurs through loans for greenfield projects in manufacturing, trading, services and agriculture-allied activities.
    July 21, 2026
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    Foreign exchange contravention liability requires evidence that the person was responsible for the overseas transfer in question.
    Foreign exchange transfer for the 2009 South Africa cricket tournament was examined under the Foreign Exchange Management Act after funds were moved to an overseas entity without prior Reserve Bank approval. The appellate tribunal set aside the penalty imposed on Lalit Modi, finding no material establishing that he was in charge of the relevant affairs or personally responsible for the alleged contravention. Liability for a foreign-exchange contravention must rest on evidence connecting the person proceeded against with responsibility for the impugned transaction.
    July 21, 2026
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    Rural infrastructure financing under RIDF supports irrigation, roads, water supply, cooperative digitisation, producer organisations and climate-resilient livelihoods.
    Rural Infrastructure Development Fund financing supports rural infrastructure in Haryana, including irrigation, roads and drinking-water assets. Rural cooperative strengthening includes digitisation and financial viability of Primary Agricultural Credit Societies, alongside promotion and financial support for Farmer Producer Organisations. Climate-resilient measures include watershed development, groundwater management, micro-irrigation, direct seeding of rice and vegetable clusters, supplemented by livelihood training for rural women and agricultural lending and project-appraisal support.
    July 21, 2026
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    Supreme Court proceedings address juvenile adult trials, insolvency, electoral representation, environmental funds and foreign-exchange complaint requirements.
    Supreme Court proceedings covered election representation, criminal justice, insolvency and regulatory compliance. The Court considered challenges concerning political-party merger approval, separate insolvency proceedings for group entities, and espionage charges. It sought responses on an appeal mechanism for persons excluded from the National Register of Citizens and alleged non-utilisation of environmental relief funds. Criminal matters included medical assessment for interim bail, a fresh trial in a blast case, and the principle that a juvenile accused of murder may face adult trial where statutory conditions for a heinous offence are met.
    July 21, 2026
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    Digital lending safeguards require verified app associations, responsible recovery, data privacy, grievance redressal and reporting channels against illegal loan apps.
    Digital lending safeguards include a public directory enabling customers to verify a digital lending app's association with a regulated entity. The Digital Lending Directions, 2025 impose mandatory requirements on recovery practices, data privacy and customer grievance redressal for regulated entities, lending service providers and digital lending apps. Measures also include blocking illegal loan applications following due process, cybercrime reporting channels, complaint facilities for unlawful money collection, and public awareness programmes on fraud prevention and risk mitigation.
    July 21, 2026
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    Authorised Dealer Category-II remittances expand to specified trade and family-maintenance payments under the revised FEMA framework.
    FEMA framework revisions described as effective from May 2026 expand Authorised Dealer Category-II activities to include specified trade remittances and family-maintenance remittances, subject to the applicable RBI and FEMA framework. EbixCash World Money Limited states that its perpetual AD-II licence carries this expanded scope. The release describes a non-bank channel for MSME and SME cross-border payments, supported by Nostro-account settlement, remittance and travel-card services, and technology-enabled compliance measures including document verification, sanctions screening, fraud detection and transaction monitoring.
    July 21, 2026
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    Foreign investment regulation: Draft rules propose simpler, principle-based compliance and clearer separation of procedural requirements from investment policy.
    Draft Foreign Exchange Management (Foreign Investment) Rules, 2026 propose a simplified, principle-based foreign investment framework. The proposals rationalise provisions, harmonise definitions, and separate procedural foreign-exchange requirements from foreign direct investment policy and sector-specific conditions. They aim to streamline procedures, reduce compliance burdens, enhance operational flexibility, and apply investor-neutral and investee-neutral provisions while preserving regulatory safeguards. The draft Rules remain subject to public consultation before finalisation.
    July 21, 2026
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    Prepaid payment instrument programme adds mobility and gift card capabilities with digital servicing subject to applicable programme conditions.
    Prepaid payment instrument programme launched for Indian Overseas Bank through CARD91's technology stack, incorporating RuPay National Common Mobility Card and Gift Card capabilities. The programme was implemented following requisite approvals, testing and compliance validation. The RuPay NCMC facility supports prepaid, tap-based payments for metro, bus and parking transactions, subject to the bank's programme conditions and user eligibility. Digital card servicing may include balance enquiry, transaction history, reload or top-up functions, and customer support, subject to applicable programme terms.
    July 21, 2026
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    Free trade agreements and e-commerce export reforms expand preferential market access, address non-tariff barriers, and support small exporters.
    Export market diversification is advanced through trade agreements, export-promotion measures and capacity building. Free Trade Agreements seek preferential market access, increased trade and investment, and support for labour-intensive exports, while technical barriers to trade provisions and engagement mechanisms address standards, regulatory requirements and non-tariff barriers. Cross-border e-commerce exports are supported through trade-finance and compliance assistance, E-Commerce Export Hubs, District Export Hubs, simplified courier-export procedures, reverse-logistics facilitation, logistics planning, duty-and-tax remission, and MSME export facilitation.
    July 21, 2026
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    Production Linked Incentive Schemes strengthen domestic manufacturing through investment support, export growth, employment generation, monitoring and eligibility reforms.
    Production Linked Incentive Schemes for 14 sectors promote domestic manufacturing, investment, exports, employment and global competitiveness. Overall coordination and monitoring rests with the Department for Promotion of Industry and Internal Trade, while sector-specific implementation is undertaken by the relevant ministries and departments. Implementation is periodically reviewed, with scheme modifications, rationalised guidelines, relaxation of specified eligibility conditions, project monitoring, stakeholder consultation and inter-ministerial issue resolution used to improve uptake and strengthen domestic manufacturing ecosystems.
    July 21, 2026
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    Separate corporate insolvency processes remain contested over foreign asset treatment, specialised resolution needs, and creditors' commercial decision-making.
    Separate corporate insolvency resolution processes for VIL and VOVL are disputed following reversal of an earlier consolidation direction. Independent processes were preferred because the entities operate in distinct sectors and may require specialised resolution, while creditors' choice was treated as commercial wisdom not ordinarily open to tribunal interference. The dispute also concerns whether foreign oil and gas assets should be treated as VIL assets, against the background of VIL's conversion from co-obligor to corporate guarantor to ring-fence those assets from domestic business liabilities.
    July 21, 2026
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    Drone technology collaboration promotes joint manufacturing, technology transfer, rural entrepreneurship and global market access through an integrated industrial ecosystem.
    India-Russia industrial collaboration in drone technology is proposed through engagement on technology transfer, joint manufacturing, research collaboration, investment, exports and global market access. Drone City is presented as an integrated ecosystem covering manufacturing, research and development, testing, certification support, skill development, incubation, warehousing, startup acceleration and international technology partnerships. Its expansion and panchayat-level entrepreneurship programme are expected to create rural drone enterprises and employment in manufacturing, component production, quality control, maintenance, logistics and technical support.
    July 21, 2026
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    WTO trade policy review will assess India's trade measures, transparency framework, reforms, and responses to member questions.
    India's eighth Trade Policy Review under the World Trade Organization framework examines its trade policies and developments during the 2021-2025 review period. The process uses a Government Report and a Secretariat Report and provides a comprehensive peer examination of border and behind-the-border trade measures to promote transparency, predictability and understanding. The review addresses trade agreements, Goods and Services Tax rationalisation, digital trade-facilitation measures, and Member questions on digitisation, MSMEs, women's economic participation, Viksit Bharat and the Atmanirbhar Bharat Abhiyan.
    July 21, 2026
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    Fisheries subsidy disciplines promote sustainable marine resource use while excluding aquaculture and inland fisheries from their scope.
    The WTO Agreement on Fisheries Subsidies disciplines subsidies concerning marine wild-capture fishing and fishing-related activities at sea. It prohibits subsidies linked to illegal, unreported and unregulated fishing and fishing of overfished stocks, promoting conservation and sustainable use of marine resources. Aquaculture and inland fisheries remain outside its scope. India's fisheries management framework is identified as supporting implementation while preserving policy space and safeguarding the interests of traditional and small-scale fishers.
    July 21, 2026
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    Revised Index of Core Industries adopts a new base year, adds iron ore, and revises sector measurement methodology.
    The revised Index of Core Industries series adopts 2022-23 as its base year, replaces the former series and expands coverage to nine industries by including iron ore. Steel is measured using gross production data, while only raw coal is retained to avoid double counting. Weights are derived from the corresponding Index of Industrial Production series and normalised to 100. A geometric-mean linking methodology connects the former and revised series. June 2026 provisional estimates show overall year-on-year ICI growth, led principally by iron ore and electricity.
    July 21, 2026
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    Risk-based export controls exposed alleged pharmaceutical diversion, prompting NDPS enforcement against transnational illicit opioid trafficking networks.
    Risk-based export controls and intelligence-led enforcement under the NDPS Act, 1985 addressed an alleged attempt to divert an export consignment of high-strength Tramadol Hydrochloride tablets into illicit international channels. Enquiries with the International Narcotics Control Board and competent authorities indicated that the declared destination had been misrepresented. The action involved seizure of the consignment and arrests of persons alleged to be connected with the export arrangement and conspiracy. The operation emphasises risk-based profiling, export-control scrutiny, intelligence sharing, and international coordination against pharmaceutical diversion and transnational drug trafficking.
    July 21, 2026
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    Trade tariffs on Canadian goods target alleged discrimination against American automobiles, alcohol and dairy products under trade law.
    United States trade action imposes tariffs on most Canadian goods, citing alleged discriminatory treatment of American automobiles, alcoholic beverages and dairy products. The measures apply to goods previously protected under the United States-Mexico-Canada Agreement, subject to exclusions for energy products, potash, fish and critical minerals. The stated grounds include Canadian retaliatory tariffs, restrictions on American alcohol sales, treatment of dairy imports, and tariffs on certain United States motor vehicles outside preferential trade treatment.
    July 20, 2026
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    Foreign exchange market movement saw rupee depreciation amid geopolitical risk, higher crude prices, stronger dollar conditions and equity outflows.
    Foreign exchange market movement saw the rupee depreciate by 6 paise to close at 96.36 against the US dollar, amid global risk aversion, higher crude oil prices, escalating US-Iran tensions and rising US Treasury yields. Market commentary indicated that anticipated Reserve Bank of India intervention could limit further downside. The report also noted a stronger dollar index, domestic equity-market declines, foreign institutional equity outflows, and an increase in India's foreign exchange reserves.
    July 20, 2026
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    Concessional foreign-exchange swaps incentivise fresh FCNR(B) deposits and foreign borrowings to strengthen balance-of-payments liquidity.
    The concessional foreign-exchange swap facility incentivises fresh FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings to strengthen the balance of payments and support foreign-exchange liquidity. Its availability is time-limited, with FCNR(B) deposits eligible until September 2026 and OFCB and ECB inflows eligible until December 2026. Reported inflows were primarily mobilised through FCNR(B) deposits.
    July 20, 2026
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    Geographical indication recognition protects traditional product identity while supporting rural entrepreneurship, quality maintenance, digital access and artisan market opportunities.
    Geographical Indication recognition is being pursued for additional traditional products from Jharkhand to protect product identity and expand protected regional products. GI recognition supports cultural heritage, rural entrepreneurship and market access for artisans and primary producers. Post-registration measures emphasise product-quality maintenance and digital e-commerce access, alongside skill development, marketing initiatives, rural haats and support for non-farm sectors.

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      motorola razr 60 Goes on Sale Today with the World’s First Flip Phone with Gesture Controlled Video Recording and 100% True Colour Camera, India’s First with Pearl Marble & Fabric Finish and Segment’s Only Flip with motoAI & Gemini on the External Display at Just Rs. 49,999

      June 4, 2025

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      New Delhi, Delhi, India – Business Wire India • The motorola razr 60 will go on sale today at an effective price of just Rs. 49,999 or No cost EMI starting Rs. 4,167/month for 8GB+256GB variant on Flipkart, Reliance digital, Motorola.in, and leading retail stores across India.

      • The motorola razr 60 introduces the world’s first flip with video gestures during recording, along with 100% True Colour Camera validated by Pantone, delivering life-like colour and skin tone accuracy in every shot. Video gestures are true content creator delight for start/ top/ pause recording hands-free.

      • Equipped with a 50MP pro-grade camera powered by motoAI—with OIS, a 13MP ultrawide + macro vision lens, and a 32MP selfie camera—it offers hands-free control, enhanced clarity, and ultra-smooth video recording with auto video enhancement across all lighting conditions.

      • motorola razr 60 features India’s first Pearl Marble and Fabric finishes, crafted from premium materials to deliver a luxurious feel and enhanced grip, setting a new standard for stylish and durable flip phones. Also available in Premium Vegan Leather finish.

      • motorola razr 60 features the most durable titanium-reinforced hinge certified for 500,000+ folds, an IP48-rated water and dust protection, and a creaseless 6.9-inch LTPO pOLED display for unmatched durability and a seamless user experience.

      • motorola razr 60 also boasts the segment’s largest 3.6” external display with a fluid 90Hz refresh rate, protected with Gorilla® Glass Victus, alongside versatile flex modes like Camcorder, Desk, Laptop, and Tent for enhanced multitasking and content creation.

      • motorola razr 60 is also the segment’s only flip phone with motoAI and Google Gemini on the external display, offering simple gesture activation of AI to access smart summaries, live transcription, personalized assistance, and seamless Google Photos integration — all without opening the phone.

      • motorola razr 60 redefines smart living with effortlessly intelligent motoAI 2.0 — featuring Next Move suggestions for proactive assistance, AI-powered creativity tools, instant memory recall, and seamless multitasking designed to keep you one step ahead.

      Motorola, a global leader in mobile phone innovation and India’s leading~ AI smartphone, recently announced the launch of the all-new motorola razr 60, a striking addition to its premium razr lineup that redefines the flip phone category. The razr 60 features the World’s first gesture-based video recording paired with a 100% True Colour Camera validated by Pantone. It is also India’s first flip phone to offer luxurious Pearl Marble and Fabric finishes, elevating the design language with premium materials. Built for durability, the device boasts a titanium-reinforced hinge tested for over 500,000 folds, complemented by IP48 dust and water resistance and Corning® Gorilla® Glass Victus protection. The razr 60 also leads with the segment’s largest 3.6” pOLED external display, offering a 90Hz refresh rate and versatile flex modes - from desk and tent to laptop and camcorder. Furthermore, it is the segment’s only flip with motoAI and Google Gemini on the outer display. The smartphone will go on sale today at 12pm onwards at an effective price of just Rs. 49,999 for 8GB+256GB. Consumers can also avail No Cost EMI for upto 12 months starting at Rs. 4,167/month.

      The motorola razr 60 redefines mobile videography with the world’s first Gestures based video recording on a flip phone, combined with a 100% True Colour Camera validated by Pantone™ for incredibly lifelike visuals. With intuitive Air Gesture controls, users can capture content without ever touching the screen—raise an open palm to start a countdown, clench a fist to pause, and show a fist to stop recording.

      Powered by motoAI, the motorola razr 60 features a pro-grade 50MP main camera with Optical Image Stabilization (OIS) and Instant All-Pixel Focus, delivering ultra-sharp, blur-free shots with exceptional low-light clarity. It’s paired with a versatile 13MP Ultrawide + Macro Vision lens that captures expansive 120° landscapes and intricate close-ups from just 2.5cm away. For selfie enthusiasts, the 32MP autofocus front camera with Quad Pixel technology ensures bright, detailed self-portraits—even in low light conditions.

      The motorola razr 60 transforms how users capture content with its innovative Flex View technology, enabling hands-free photography and videography with unmatched ease. Record videos just like a camcorder and enjoy seamless filming in both portrait and landscape modes. With the built-in Photo Booth feature, users can bring the charm of classic photo strips to their fingertips—just strike four different poses, trigger the shutter with a raised palm, and watch the images come together in a beautifully stitched layout via Google Photos.

      Enhanced by motoAI-powered photo and auto video enhancements - including adaptive stabilization, scene-aware color tuning, and Auto Smile Capture, the motorola razr 60 ensures every frame is vibrant, steady, and studio-worthy. Auto Video Enhancement fine-tunes footage in real time by optimizing exposure, color, contrast, and sharpness, Color Optimization adjusts individual elements like sky, skin tones, grass, and clothing for naturally stunning results. Flex View mode adds versatility with hands-free selfies, dynamic angles with gesture-based controls, and Auto Smile Capture. With integrated Google Photos AI Tools, users can effortlessly erase distractions, unblur photos, and reimagine shots using generative AI tools.

      The motorola razr 60 is India’s 1st flip phone to feature premium Pearl Marble and Fabric finishes. Each colourway is crafted with exquisite attention to detail and brought to life with Pantone™-curated shades. The PANTONE Lightest Sky edition features a luxurious Pearl Marble finish offering a silky-smooth feel with a marble-like shimmer. The PANTONE Gibraltar Sea edition showcases a fabric-inspired texture with a refined interwoven pattern that enhances grip and adds modern sophistication. For those who appreciate timeless elegance, the PANTONE Spring Bud variant brings a vegan leather-inspired grainy texture that combines superior style with a comfortable, secure in-hand feel.

      The smartphone features a titanium-reinforced hinge certified by SGS for over 500,000 folds, the innovative floating hinge plate and gapless, creaseless design delivers smoother flips, reduces strain, and offers a flawless visual experience. Its 6.9" LTPO pOLED main display is vibrant and responsive with up to 3000 nits' peak brightness, 120Hz refresh rate, HDR10+, and Dolby Atmos® stereo speakers with Spatial Sound® Gorilla® Glass Victus™ protects the external display against everyday drops and scratches, while an IP48 rating and Smart Water Touch technology offer enhanced dust and water resistance. With integrated dust filters and a seamless, one-handed open design, the razr 60 is a perfect fusion of elegant design and rugged dependability—crafted for those who demand both flair and resilience.

      The motorola razr 60 is the segment’s only flip phone with motoAI and Google Gemini on the external display, redefining what’s possible with your phone closed. It features the segment’s largest 3.6” pOLED display, protected by Corning® Gorilla® Glass Victus™, with a fluid 90Hz refresh rate, 1700 nits peak brightness, 413 ppi resolution, 10-bit color, and 100% DCI-P3—delivering a brilliant and immersive experience even without flipping open the device. With motoAI on the cover screen, users can access powerful tools like Catch Me Up for personalized summaries, Pay Attention for live transcription with speaker identification, and the ability to ask queries directly to MotoAI. Integrated with Google Gemini, users can plan, write, learn, take action across Google apps, and even generate creative content—all from the outer display.

      The experience is further elevated with Google Photos integration for gallery access, and Photomoji to turn your images into custom emojis and stickers. Enhanced personalization features include Always-On Display, Sleep Display. Designed for content creators and multitaskers alike, the razr 60 also introduces multiple Flex View modes, including new Camcorder Mode and Desk Mode, alongside Tent, Laptop, Mirror, and Stand modes—delivering unmatched flexibility in how you shoot, work, and express yourself.

      Effortlessly intelligent, motoAI 2.0 delivers next-gen AI-powered convenience, redefining how users create, assist, and remember. With the all-new AI Image Studio, imagination comes to life—transform ideas into visuals with Text to Image, turn rough sketches into digital art, match your phone's wallpaper to your outfit using Style Sync, generate quirky stickers with Text to Sticker, and even create a personalized avatar from your selfie. For audio lovers, AI Playlist Studio crafts the perfect playlist tailored to your mood or moment—whether you're working, chilling, or hosting a party.

      On the productivity front, Catch Me Up 2.0 summarizes messages, calls, and highlights across platforms like WhatsApp and Instagram, while Pay Attention provides live audio transcriptions with speaker ID for meetings or calls. Get Next Move Suggestions based on what you’re doing, or instantly find contacts, chats, and even answers to queries via Global Search—without switching screens. With the Remember and Recall features, save anything instantly and retrieve it later with a simple voice prompt. Enhancing performance further, RAM Boost 3.0 offers up to 8GB of additional dynamic RAM, and Battery Optimization learns your usage patterns to extend battery life. With motoAI 2.0, the razr 60 doesn’t just keep up with your life—it stays one step ahead.

      The new motorola razr 60 reimagines the flip phone category with cutting-edge innovation, premium craftsmanship, and AI-driven intelligence. It is India’s first flip phone powered by the MediaTek Dimensity 7400X chipset with on-device AI, paired with 8GB RAM and 256GB storage for fast and future-ready performance. Users can enjoy all-day power with a 4500mAh battery, 30W TurboPower™ fast charging, and 15W wireless charging. Connectivity is seamless with 16 5G bands, WiFi 7 support, and dual SIM (physical + eSIM) flexibility. The device offers a flagship software experience with Hello UI based on Android™ 15, backed by 3 years of OS upgrades and 4 years of security updates.

      Beyond performance, the razr 60 delivers smart convenience and security with features like Moto Migrate, Smart Connect, Moto Gestures, Moto Unplugged, Family Spaces, and Moto Secure with ThinkShield. It enhances everyday communication with Crystal-Clear Voice Call Modes and elevates sustainability with eco-friendly packaging and climate-conscious colourful phone cases. Adding a sensorial touch, each unit includes a signature Moto Fragrance in the box. Customers also benefit from Moto Elite Care—including a toll-free support line, Razr Buddy at service centers, priority service lanes, free back cover replacement (within 6 months), pickup/drop service, and 24x7 WhatsApp chatbot assistance—ensuring a premium and worry-free ownership journey.

      Availability: The motorola razr 60 will be available in a single storage variant – 8GB RAM + 256GB Storage, in three stunning PantoneTM Curated colour variants, PANTONE Lightest Sky (Pearl Marble Finish), PANTONE Gibraltar Sea (Fabric Finish) and PANTONE Spring Bud (Premium Vegan Leather Finish).

      The smartphone goes on sale from 4th June, 12PM on Flipkart, Reliance Digital, Motorola.in and leading retail stores across India.

      Launch Price: For 8GB+256GB variant Launch Price: INR 49,999 Operator Offers: Benefits worth Rs.15,000/- from Jio (Valid on Postpaid Rs.749) Includes Netflix, Amazon Prime, Jio TV & JioAiCloud.

      + Data Voucher 10GB*36 Months Discount of Rs.99 * 36 times Additional Partner Coupons worth Rs.8000 Ajio: Rs 600 off ( *2) Shopping Ease My Trip: Upto Rs.1500 off on Flights (*1) Travel Ease My Trip:15% off on Hotels upto Rs.4000 (*1) Travel Growfitter Premium Subscription worth Rs.1500(*1) Fitness To know more details about the offer: https://www.jio.com/offers/brand-partners/jio-motorola-Razr60-2025/?requestOriginatingfrom=offers To know more about the product, visit: Flipkart - https://www.flipkart.com/motorola-razr-60-coming-soon-store Motorola - https://www.motorola.in/smartphones-motorola-razr-60/p?skuId=531 Disclaimers: *Price includes all offers. Subject to change at the discretion of the brand ~Basis TechArc 2025 report About Lenovo & Motorola Lenovo is a US$62 billion revenue global technology powerhouse, ranked #217 in the Fortune Global 500, employing 77,000 people around the world, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver Smarter Technology for All, Lenovo has built on its success as the world’s largest PC company by further expanding into growth areas that fuel the advancement of ‘New IT’ technologies (client, edge, cloud, network, and intelligence) including server, storage, mobile, software, solutions, and services. This transformation, together with Lenovo’s world-changing innovation, is building a more inclusive, trustworthy, and smarter future for everyone, everywhere. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). Motorola Mobility LLC was acquired by Lenovo Group Holdings in 2014. Motorola Mobility is a wholly owned subsidiary of Lenovo and is responsible for designing and manufacturing all Moto and Motorola branded mobile handsets and solutions.

      To View the Image, Click on the Link Below: motorola razr 60 goes on sale at just Rs. 49,999 (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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