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    Govt to introduce bill in Lok Sabha to broaden NCDC's mandate for co-operative sector growth
    AAP govt indulged in large-scale financial irregularities, caused losses to exchequer: Delhi minister
    ED files chargesheets in 2 PMLA cases against Anil Ambani Group companies, ex-executives
    RJD criticises UDF govt's move not to disburse pensions through cooperative banks
    Raymond Limited reports a healthy Q1 FY27 performance
    Why Most People Choose the Wrong Savings Account And How Not to Be One of Them
    RBI has proactively helped UCBs; cooperatives should look at regulator differently: Shah
    Ministry of Agriculture, Food and Rural Affairs and aT Host '2026 K-Food Fair in New Delhi, India'
    No compromise on tackling illegal immigrants' issue: Minister Priyank Kharge
    Technology, transparency key for urban cooperative banks to stay competitive: Shah
    Paul Merchants Gets RBI Approval for Perpetual AD Category-II Licence Under Revised FEMA Framework
    IEPFA Organises Stakeholder Engagement with Nodal Officers of Companies on Integrated IEPFA Portal 2.0
    Rupee settles with 5 paise gain at 95.17 against US dollar
    India weathered Hormuz disruption without fuel shortages: Puri
    RBI invites public comments on the draft Directions on ‘Credit Valuation Adjustment (CVA) Framework’
    RBI invites comments on the draft “Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Eleventh Amendment Directions, ...
    87 Proposals Received under BHAVYA Scheme during First Round of Phase-I
    India successfully concludes the 16th BRICS Trade Ministers' Meeting in Jaipur under its BRICS Chairship 2026
    GeM Completes a Decade of Transforming Public Procurement with Cumulative GMV Exceeding ₹20 Lakh Crore
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    August 9, 2026
    Show AI Summary
    Co-operative development financing would expand through direct assistance, share-capital participation and wider operational powers for sectoral support.
    National Cooperative Development Corporation (Amendment) Bill, 2026 proposes to broaden the Corporation's mandate to promote co-operative development. It would permit direct loans and grants to co-operative societies and other entities engaged in co-operative development, where funds are used for co-operative purposes. With Central Government approval, the Corporation could participate in the share capital of such entities. The proposals also expand the meaning of foodstuffs, remove geographical restrictions for industrial-goods assistance, and provide additional functional powers.
    August 9, 2026
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    GST compliance failures and electricity subsidy controls raise allegations of financial irregularities and potential losses to the public exchequer.
    Allegations based on a Comptroller and Auditor General report identified purported GST compliance failures involving outstanding tax liabilities, e-way bills generated after cancellation of GST registrations, limited bill scrutiny, non-compliance, and turnover mismatches. The allegations also concerned electricity subsidies extended to consumers with prolonged zero bills or apparent non-residence, presenting these issues as possible financial irregularities and losses to the public exchequer.
    August 9, 2026
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    Money-laundering prosecution complaints allege fund diversion through shell entities, credit-facility evergreening, layered transactions and fictitious project expenditure.
    Money-laundering prosecution complaints allege that funds from toll-road projects and credit facilities were diverted through group companies, contractors, shell entities and conduit accounts. In the toll-road matter, allegedly sham or back-dated subcontracting arrangements and subsequent documentation were used to portray transfers as genuine project expenditure. In the credit-facilities matter, fresh facilities were allegedly used to repay, rotate and evergreen earlier liabilities rather than for sanctioned end-use, with funds layered and presented as legitimate business expenditure or receipts. Attached assets are sought to be confiscated as alleged proceeds of crime.
    August 9, 2026
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    Direct Benefit Transfer pension disbursement replaces cooperative-bank doorstep delivery, while preserving home payments for beneficiaries unable to use bank accounts.
    Direct Benefit Transfer of social security and welfare pensions to Aadhaar-linked bank accounts is intended to replace cooperative-bank doorstep delivery, except for bedridden and similarly situated beneficiaries. The change addresses delays in remitting undistributed pensions, deficient record updates and reconciliation, duplicate payments, delivery incentives, and compliance with Direct Benefit Transfer norms. Criticism focuses on beneficiary access to linked commercial-bank accounts, possible minimum-balance deductions, exclusion of cooperative banks, and the effect on doorstep-delivery workers.
    August 8, 2026
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    Engineering business growth supported Raymond's first-quarter performance, with export expansion, capacity investment and net-debt-free financial flexibility.
    Raymond Limited reported unaudited first-quarter FY27 growth in total income, EBITDA and profit before tax before exceptional items, while remaining net-debt-free with a net cash surplus. Its Engineering business comprises Precision Technology & Auto Components and Aerospace & Defence. Growth in the former was attributed to export expansion, operating leverage, product mix and cost reductions. Aerospace & Defence growth was linked to production for global OEMs, portfolio expansion and increased capacity, although margins were affected by targeted research and development investment. Forward-looking statements remain subject to regulatory, political, economic and technological risks.
    August 8, 2026
    Show AI Summary
    Savings account selection requires comparison of effective interest, fees, digital service, access, and individual banking needs.
    Savings-account selection should compare effective interest returns under slab-based rates, recurring operating charges and the customer's actual banking needs. Net value depends not only on advertised rates but also on relevant minimum-balance, card, ATM, alert and transfer fees. Digital reliability, customer support, branch availability and ATM access should be assessed according to the customer's average balance, cash use, transfer frequency, travel patterns and need for in-person assistance. The suitable account is one that matches real banking behaviour.
    August 8, 2026
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    Urban cooperative bank regulation promotes licensing, governance, compliance support and cybersecurity measures to strengthen stability and depositor confidence.
    Urban cooperative banks are encouraged to recognise regulatory support through liberalised branch opening, doorstep banking, demand drafts, life certificates, dedicated regulatory coordination, enhanced gold-loan limits, one-time settlements and progress towards on-tap licensing. Sound governance is material to sectoral stability, while small-borrower lending is presented as a comparatively safe lending segment. The umbrella body can support member banks through technical expertise, compliance assistance, cybersecurity solutions and participation in a security operations centre to strengthen depositor confidence.
    August 8, 2026
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    Korean food export promotion combines buyer consultations, regulatory guidance and consumer experiences to support entry into Indian and South Asian markets.
    Korean food export promotion in India and South Asia combined business consultations with consumer-facing activities. Individual meetings connected Korean exporters with regional buyers and generated memoranda of understanding for products including frozen gimbap, ginseng wine and kombucha. Exporters received on-site guidance concerning non-tariff barriers, including food import customs clearance and certification requirements. Preparatory online sessions addressed import procedures, regulatory matters and consumer trends, while consumer events promoted Korean food through tasting, retail and experiential activities.
    August 8, 2026
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    Illegal immigration enforcement prioritises dismantling entry, documentation and employment networks while requiring citizens to report information through police channels.
    Illegal immigration enforcement involves continuous identification and verification operations, coordination with relevant officials, and confidential investigation of networks facilitating entry, identity documentation, accommodation and employment. Enquiries extend to intermediaries, contractors, Aadhaar procurement and verification practices, rather than focusing only on apprehended individuals. Citizen vigilantism, moral policing and social-media targeting of suspected migrants are discouraged because they may compromise investigations; information should instead be given through proper police channels.
    August 8, 2026
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    Technology, transparency and governance strengthen urban cooperative banks through modern customer services, depositor protection and cooperative-sector support.
    Technology adoption, transparency, sound governance and modern customer services are identified as necessary for urban cooperative banks to remain competitive. Banks are encouraged to join the sector's umbrella organisation and self-regulatory body, which provides capital, information-technology infrastructure and liquidity support. Protection of depositors' money remains a regulatory responsibility, while banks are expected to improve governance, train staff, adopt technology and enhance customer-centric services. Customer prosperity and reduced perception gaps between the central bank and urban cooperative banks are emphasised as measures to strengthen the sector.
    August 8, 2026
    Show AI Summary
    Authorised Dealer Category-II licensing expands permissible FEMA current account and foreign trade transaction services for cross-border payment customers.
    An Authorised Dealer Category-II approval under the Foreign Exchange Management (Authorised Persons) Regulations, 2026 enables Paul Merchants to undertake additional permissible non-trade current account transactions under FEMA, excluding gifts and donations, and foreign trade transactions within the applicable per-transaction limit. The approval supports foreign exchange and cross-border payment services, including overseas remittances for education, medical treatment, travel, and conference or event participation.
    August 8, 2026
    Show AI Summary
    Integrated investor claim portal modernisation advances digital KYC, streamlined verification, stakeholder-informed safeguards, and efficient investor claim settlement services.
    Integrated IEPFA Portal 2.0 is proposed to modernise investor claim processing through digital KYC, pre-filled Form IEPF-5, entitlement search, and a simplified e-Verification Report filing workflow. Stakeholder feedback included Aadhaar eKYC address validation, KYC for authorised representatives, entitlement-letter validation checks, bulk DSC and eSign functionality, integration of approved IEPF Form-4 data, lower-value share valuation using NSE and BSE data, and alerts for frequent address changes to prevent fraud.
    August 7, 2026
    Show AI Summary
    Foreign capital inflows supported the rupee despite geopolitical uncertainty, oil-price pressures, and volatile global market sentiment.
    Foreign capital inflows supported a marginal strengthening of the rupee against the US dollar despite global risk aversion arising from uncertainty surrounding negotiations affecting the Strait of Hormuz. Higher crude oil prices and weak domestic equity sentiment remained relevant pressures. Near-term currency movement was expected to depend on developments in the negotiations, weekend decisions, US employment data, the dollar index, crude oil prices, and the reported increase in foreign exchange reserves.
    August 7, 2026
    Show AI Summary
    Energy security through diversified sourcing protected fuel supplies during Hormuz disruption and supports domestic exploration and alternative fuels.
    Energy security measures based on diversified crude oil and LPG sourcing, expanded infrastructure, increased domestic LPG production and alternative fuels were presented as maintaining fuel availability during disruption of shipping through the Strait of Hormuz. Domestic resilience is also linked to support for private deep-water oil and gas exploration, opening offshore acreage, and expansion of compressed biogas and ethanol blending. Ethanol-blended petrol testing identified limited contamination instances rather than a systemic issue, while excise duty reductions were described as cushioning consumers against global fuel-price volatility.
    August 7, 2026
    Show AI Summary
    Credit valuation adjustment framework revises derivative capital requirements through flexible basic approaches, hedge recognition, and risk-sensitive counterparty treatment.
    Credit Valuation Adjustment framework revisions align CVA capital treatment with final Basel III standards. Eligible banks may use the full or reduced basic approach, while banks with an insignificant volume of non-centrally cleared derivatives may calculate their CVA capital charge at 100 per cent of the counterparty credit risk capital charge. The draft also clarifies CVA hedge recognition, introduces risk weights sensitive to sector and credit quality, and separates systematic and idiosyncratic CVA risk in the full basic approach.
    August 7, 2026
    Show AI Summary
    Leverage ratio framework amendments propose Basel-aligned capital adequacy standards, with public feedback invited on the draft directions.
    Proposed amendments to the leverage ratio framework would revise Chapter VII of the 2025 Commercial Banks Prudential Norms on Capital Adequacy Directions to implement the Basel Committee's Leverage Ratio 2017 Standard. Public comments and feedback on the draft Eleventh Amendment Directions, 2026, are invited until August 28, 2026, through the designated online platform, postal submission, or email.
    August 7, 2026
    Show AI Summary
    BHAVYA Scheme project selection uses challenge-based evaluation of infrastructure, industrial ecosystems, and policy enablers under prescribed eligibility criteria.
    BHAVYA Scheme Phase-I proposals submitted by State and Union Territory governments will be evaluated and scored under prescribed eligibility and evaluation criteria. Challenge-based project selection considers connectivity and site suitability, quality of core, value-added and social infrastructure in the detailed project report, and the industrial ecosystem and policy enablers. The Scheme guidelines provide for completion of the first-phase selection process within one year from notification.
    August 7, 2026
    Show AI Summary
    Multilateral trade cooperation preserves developing economies' policy space while advancing MSME finance, diversified value chains and digital services.
    BRICS ministers adopted measures supporting a development-centred multilateral trading system with the World Trade Organization at its core, preservation of Special and Differential Treatment, binding two-tier dispute settlement, and developing economies' policy space for food security and public stockholding. MSME measures include study of an invoice discounting mechanism and credit-assessment principles focused on cash flow rather than collateral. Value-chain measures provide for a GVC Action Plan, technical cooperation, Special Economic Zone cooperation and digitised trade documents, alongside principles for trusted cross-border digitally delivered services.
    August 7, 2026
    Show AI Summary
    Digital public procurement promotes transparent sourcing, reduced seller charges, competition monitoring and evidence-based spending oversight through an integrated marketplace.
    Government e-Marketplace digitises public procurement through a unified platform promoting transparency, efficiency, good governance and wider supplier participation. Seller-facing measures include reduced transaction charges, exemption of smaller orders, a cap on maximum transaction fees and reduced vendor assessment fees. The platform uses Artificial Intelligence and Machine Learning tools to identify suspected cartelisation, collusion and order splitting, while its digital transactional trail supports expenditure monitoring, identification of inefficiencies and evidence-based policy interventions.
    August 7, 2026
    Show AI Summary
    Criminal justice, extremist-material regulation and administrative schemes feature in reports on prosecutions, demolition practices, loan waivers and fuel policy.
    Criminal justice reports cover bail and an expedited trial in an assault prosecution, arrest for allegedly sheltering an accused, allegations of rape and murder of a minor, and claimed irregularities in a police recruitment examination. Regulatory developments include a ban on extremist literature associated with proscribed organisations and judicial disapproval of coercive demolition. Administrative coverage includes farmer loan-waiver transfers following Aadhaar authentication and debate over the E20 fuel-blending programme.

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      Complete Management with Onlive Server’s New Zealand VPS Hosting, Powered by 35+ Data Centers Worldwide

      June 16, 2025

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      Discover top-tier New Zealand VPS Server Hosting from Onlive Server. Experience blazing-fast SSD performance, KVM virtualization, and low-latency connectivity for the APAC region.

      Onlive Server, a renowned provider of VPS, dedicated, and cloud hosting, is pleased to unveil its New Zealand VPS Server Hosting, which gives excellent performance, scalability, and added security to all types of businesses. With this new service, businesses in the Southeast Asia market and beyond can expect a better way of handling their hosting in Auckland.

      You could be an entrepreneur, developer or a startup; you should not be held back in running your business by the management of server infrastructure. Our VPS Hosting New Zealand services give you a fast and stable hosting platform that is entirely supported by full server management. That is so you can concentrate on what really counts to you, which is developing your business.

      What Is New Zealand VPS Hosting? New Zealand VPS Hosting (Virtual Private Server Hosting) is a powerful web hosting solution that provides users with a dedicated portion of a physical server’s resources—including CPU, RAM, and storage—while still operating within a shared server environment. Unlike shared hosting, where multiple users compete for the same resources, a VPS in New Zealand ensures your website or application gets guaranteed performance, security, and control.

      How Does New Zealand VPS Hosting Work? A VPS server in New Zealand uses virtualization technology to split a single physical server into multiple isolated virtual servers. Each VPS operates independently, with its own operating system (OS), allocated resources, and security settings. This means you get the benefits of a dedicated server (like customization and stability) at a fraction of the cost.

      Benefits of New Zealand VPS Hosting • Enhanced Performance & Speed: With dedicated resources, VPS hosting offers much better performance than shared hosting, which leads to improved user experience, SEO rankings, and overall business efficiency.

      • Improved Security: In contrast to shared hosting, VPS hosting provides a level of isolation against other users, which is why the chances of external threats are greatly minimized. Elevated security capabilities like firewalls and encryption also protect your data against cyber-attacks.

      • Scalability: As your business grows, our VPS hosting solutions allow you to easily scale your infrastructure. Additionally, add resources without downtime or performance degradation concerns. This is what makes it an ideal solution for businesses anticipating quick expansion.

      • Cost-Effective: VPS hosting is relatively cheaper when compared to dedicated servers, but performance is not compromised. It is because of this that it would make an ideal solution for growing businesses that are seeking a balance between performance and cost.

      • Local Data Centers: Having Data centres in New Zealand means that your local users will experience an improved load time of your web pages, thereby minimize latency issues and thus experience a faster response time.

      • KVM Virtualization: Our VPS hosting uses Kernel-based Virtual Machine (KVM) technology, offering users enhanced control over their virtual environments. Under KVM, businesses enjoy an isolated and secure virtual machine and have the potential to allocate and deliver resources to enhance performance.

      • SSD Storage: As opposed to the older HDD storage, our New Zealand VPS Hosting uses state-of-the-art SSD drives, which provide a quicker data access speed and an overall better server performance. The SSD storage will make websites and applications running on our servers load faster, thereby reducing latency and improving user experience.

      • Root Access: Having full root access gives you full control of your server. Thus, you have the comfort of configuring, installing and managing software and settings according to your requirements. Root access provides the freedom to develop or business owners to configure the hosting environment on their own.

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      • 24/7 Support: VPS Hosting is coupled with 24-hour customer support to keep your server in top performance. We have a team of professionals that can assist you anytime, anywhere, in case of any technical problem or give you support so that your business functions do not suffer any downtimes.

      • Flexible Payment Options: We know how important it is to be flexible in the aspect of payment, and thus, we accept payments through PayPal and cryptocurrencies. This enables any business over the globe to have quality hosting solutions easily and conveniently.

      Who Should Use New Zealand VPS Hosting? New Zealand VPS Hosting can be utilized in many different ways, and it has the reliability and scalability that you need to fulfil your business requirements: • High-Traffic Websites: Our VPS Hosting guarantees optimal performance even during traffic spikes. Committed resources mean that your site will be up and running without failures, giving your users a continuous experience. It can be a retail site or a content-based blog; you will have improved speed and uptime.

      • E-Commerce Stores: VPS hosting offers better security and quick loading speeds and allows simultaneous processing of numerous transactions. This is fundamental in the e-commerce business that aims at ensuring a pleasant shopping experience for the customers.

      • Game Server Hosting: In case you are planning to host your game server, then VPS hosting will provide minimal latency to gamers in New Zealand and other nearby areas, making it an awesome gaming host.

      • Application Development & Testing: VPS offers an isolating environment to develop and test applications. This means that you can develop, test and perfect your applications without interfering with your production servers that are live.

      • Data Backup & Storage: New Zealand VPS Hosting can also be used as an Off-site backup of your important business data so that you have that extra peace of mind just in case of a hardware failure or other disaster scenario.

      Types of New Zealand VPS Hosting The kind of VPS Hosting technicalities depends on the nature of your business. Our hosting solutions are of various categories, and each serves a particular business need: • Managed vs. Unmanaged VPS Hosting: Managed VPS Hosting is ideal in case a business lacks its own IT department. We take care of the entire server maintenance and security updates and provide after-sales support. Conversely, Unmanaged VPS Hosting gives developers and advanced users the opportunity to have complete access to the server environment and configuration.

      • Windows vs Linux VPS Hosting: Windows VPS Hosting plans are best suited to the needs of the business which is based on Microsoft Technologies, whereas Linux VPS Hosting plans to offer an affordable open-source platform, ideally suited to the needs of the business which is interested in cutting overhead costs, but still wants a powerful performance.

      • Cloud VPS Hosting: Cloud VPS Hosting is the most flexible and reliable hosting solution where you are provided with multiple servers to ensure maximum uptime and performance all the time and more so during heavy traffic.

      Budget plans that fit every business • New Zealand VPS X: This plan provides one core, 1 GB RAM, 30 GB SSD storage, and 1 TB bandwidth for $19 per month. It is available with both Linux and Windows operating systems.

      • New Zealand VPS Y: Offering two cores, 2 GB RAM, 60 GB SSD storage, and 2 TB bandwidth, this plan is priced at $35 per month. It supports both Linux and Windows operating systems.

      • New Zealand VPS Z: The highest tier plan, providing four cores, 4 GB RAM, 120 GB SSD storage, and 4 TB bandwidth, with a monthly price of $66. This plan is also available with both Linux and Windows OS options.

      ONLIVE SERVER - PROVIDING INNOVATIVE SOLUTIONS YOUR BUSINESS NEEDS! Our VPS hosting plans provide powerful tools within an easy-to-use client portal, giving you full control over your server. You can monitor resource usage, make informed decisions, and ensure uninterrupted service with smooth, efficient management options.

      • Instant Alerts for Server: The Server Monitor allows you to monitor the status of crucial services, including PING, HTTP, DNS, SMTP, etc. You will also get real-time alerts in the event of a problem with the performance, and you will always be aware of what is happening and be able to take action in time.

      • Bandwidth Usage: Monitoring will keep you informed on the amount of data that is being transmitted within your network. Visual statistics will allow you to make a visual inspection of the necessity to replenish your bandwidth in case of any bursts of traffic.

      • Bi-Directional Firewall: The firewall rules are another level of protection provided by our Advanced Firewall, which secures your server against possible threats and attacks in all directions.

      Domains and Other Services VPS hosting is not the only thing we offer to you, but a whole set of solutions to your business: • Domain Registration: Get your hands on the ultimate domain name of your business and improve your web presence.

      • Email Hosting: Experience high-quality and safe email solutions to keep your communication flow active.

      • SSL Certificates: Secure your site using standard SSL certificates and make sure your customers have their information secured.

      CEO Statement In our view, great technology is only worthwhile if paired with great customer support, said Mr Naveen Rajput, CEO at Onlive Server. Besides fixing issues, we work side by side with our clients to help them achieve their goals. From setting up your first site to still helping you later, we strive to make sure your experience is better than anyone else can match.

      About Onlive Server Founded in 2016 and headquartered in Ghaziabad, India, Onlive Server is a leading global provider of web hosting, cloud computing, and data centre solutions. The company offers a comprehensive range of services, including VPS hosting, dedicated servers, cloud servers, and domain registration, to a diverse client base that spans startups, small and medium-sized enterprises, and large corporations. With a growing network of data centres in strategic locations worldwide, we are committed to delivering high-performance, secure, and scalable infrastructure backed by exceptional customer support.

      For more information, visit - https://onliveserver.com/vps-new-zealand/ Contact Details Onlive Server Private Limited Location: TF 12, Mahalaxmi Metro Tower, Sector 4, Vaishali, Ghaziabad, Uttar Pradesh, India Postal code: 201010 India: +91-9990507737 (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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