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    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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    India's forex kitty swells by USD 10.5 bn to USD 692.87 bn
    Rs 5,000 cr credited to 6.22 lakh Maharashtra farmers so far under loan waiver scheme: Fadnavis
    SBI Life and J&K Bank partner to bring comprehensive life insurance solutions closer to families across India
    DRI intensifies vigil along India's North-Eastern Frontier
    Vijayan slams Kerala govt's move to end doorstep pension delivery through cooperative banks
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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.
    August 7, 2026
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    Foreign exchange reserves rose as foreign currency assets, gold holdings, Special Drawing Rights and IMF reserve position increased.
    India's foreign exchange reserves increased during the week ended July 31, principally because of higher foreign currency assets and gold reserves. Foreign currency assets include US dollar valuation effects arising from movements in currencies such as the euro, pound and yen. Special Drawing Rights and India's reserve position with the International Monetary Fund also increased. The movement followed measures to attract foreign exchange inflows, including an FCNR(B) measure, after earlier reserve declines associated with rupee pressure and dollar sales for foreign exchange market intervention.
    August 7, 2026
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    Farm loan waiver eligibility depends on verified beneficiary status and Aadhaar authentication for direct credit of eligible crop-loan relief.
    The farm loan waiver scheme covers eligible short-term crop loans within the prescribed ceiling and eligibility period. Waiver amounts are credited to verified bank accounts after field verification and completion of Aadhaar authentication. Aadhaar authentication is the operative condition for automatic processing of benefits, while eligibility rules and technical conditions have raised concerns about exclusion of distressed farmers.
    August 7, 2026
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    Corporate agency distribution expands access to life insurance products, supporting insurance awareness, financial inclusion and long-term household financial protection.
    A corporate agency arrangement enables J&K Bank to distribute SBI Life Insurance protection, savings, retirement and child-oriented life insurance plans through its branch network. The partnership aims to improve insurance access, awareness, financial literacy and long-term financial planning for households, particularly in Jammu & Kashmir and Ladakh. It is intended to expand insurance penetration, strengthen household financial protection and support financial inclusion in line with the IRDAI vision of "Insurance for All by 2047".
    August 7, 2026
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    Cross-border smuggling controls target narcotics, poppy seeds and areca nuts entering through the Indo-Myanmar border region.
    Cross-border smuggling enforcement targeted methamphetamine, foreign-origin poppy seeds and areca nuts allegedly brought from Myanmar. Methamphetamine concealed in an ambulance was seized under the NDPS Act, 1985. Poppy seeds and areca nuts recovered in separate operations were seized under the Customs Act, 1962. Poppy-seed imports are restricted to designated countries and require registration to ensure traceability and prevent illicit produce entering legitimate supply chains. The enforcement action addresses circumvention of customs controls and regulated import requirements.
    August 7, 2026
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    Direct benefit transfer for welfare pensions replaces cooperative-bank doorstep delivery, while retaining limited home service for excluded beneficiaries.
    Direct Benefit Transfer for social security and welfare pensions is to be made through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep delivery. Home delivery remains available for bedridden persons and others who cannot be excluded. The change is associated with delays in remitting undistributed amounts, record-update failures, reconciliation issues, duplicate payments, and incomplete Aadhaar-based payment implementation. Concerns have been raised that mandatory bank-account credit may disadvantage beneficiaries dependent on doorstep delivery.

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      Dexian India and OREDA: Orchestrating Odisha’s Renewable Renaissance through Intelligent Digital Infrastructure

      June 21, 2025

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      In the digital commerce ecosystem, it’s not the strongest that thrive, but those that innovate, integrate, and adapt relentlessly.

      Odisha’s commitment to sustainable development is not just a policy decision, it is a vision in motion. At the heart of this green transition is the Odisha Renewable Energy Development Agency (OREDA), a dynamic institution under the Science & Technology Department, Government of Odisha, entrusted with driving decentralized renewable energy solutions across the state. Yet, as OREDA scales its impact, from solar rooftop installations to off-grid electrification, its digital backbone must evolve.

      The need of the hour is a robust, unified technology stack that integrates project management, asset tracking, CRM, and citizen support in real-time. At Dexian India, we believe our proven track record in intelligent, mission-driven systems for governments and enterprises aligns with OREDA’s next phase of digital modernization.

      With over two decades of experience and innovation, Dexian India brings cross-sector experience in supporting digital transformation across government and enterprise ecosystems. Its capabilities in smart governance platforms, AI-powered customer solutions, scalable infrastructure, and cybersecurity make it uniquely suited to architect the future of OREDA’s digital ecosystem.

      The OREDA Challenge: Fragmented Systems, Soaring Aspirations Established in 1984, OREDA has emerged as a nodal agency pushing the frontiers of renewable energy in Odisha. From implementing solar microgrids in tribal belts to providing clean cooking solutions to rural households, its work is both expansive and life-changing.

      To support this scale of transformation, the modernization of core systems becomes crucial. Currently, OREDA is advancing from earlier operational models to a digitally cohesive structure, one that enables: • Integrated Asset Records to streamline service delivery and eliminate fragmentation • Automated and Scalable Grievance Redressal to respond to increasing citizen interactions in real-time • Digitized Vendor Performance Monitoring to ensure service-level compliance • Unified Data Systems that eliminate silos and strengthen decision-making with actionable insights According to the Central Electricity Authority, Odisha aims to add over 5,000 MW of renewable energy capacity by 2030. To meet this ambition, OREDA needs a digital nerve center that enhances visibility, agility, and accountability.

      Dexian’s Vision: Orchestrating Digital Synergy for Sustainable Impact At Dexian India, transformation begins with insight. Through its collaborative digital frameworks, Dexian empowers organizations to convert complexity into clarity. For OREDA, this means an end-to-end solution that is modular yet unified, secure yet scalable, and tech-driven yet citizen-focused.

      “When digital solutions align with grassroots governance, the result is not just efficiency, it is empowerment,” says Venkat Lakshminarasimha, Executive Director, DISC – Solutions – India & Middle East at Dexian.

      Dexian’s approach to OREDA’s modernization is anchored in four strategic pillars: 1. Unified Project Management: From Gantt Charts to Ground Impact OREDA manages hundreds of concurrent projects, from solar cold storage in Kandhamal to smart street lighting in Bhubaneswar. Yet, the absence of real-time tracking impedes outcomes.

      Dexian proposes an intelligent Project Management Information System (PMIS) that ensures: • Milestone-Based Monitoring with visual dashboards across schemes • Geo-tagged Implementation to monitor vendor compliance • Automated Alerts for delays, budget overruns, or policy deviations The system will feature an integrated Work Breakdown Structure (WBS) that maps tasks to stakeholders, EPC vendors, district coordinators, and engineers, with traceable accountability.

      2. Intelligent CRM: Transforming Grievance Redressal into Citizen Delight Today’s citizens expect more than a toll-free number, they seek instant, informed, and empathetic responses. Dexian’s cloud-native CRM platform, customized for OREDA, elevates the service experience by offering: • Omni-channel Access via WhatsApp, IVR, SMS, Email, and a mobile app • Automated Ticketing & Escalation Engines ensuring SLA-bound closures • Sentiment Analysis and Voice-to-Text Feedback Capture Backed by a centralized knowledge base, the CRM will empower agents to resolve Level 1 queries autonomously, while routing complex tickets to technical experts or EPC teams.

      “The essence of service delivery lies in precision, pace, and personalization,” affirms Venkat. “That’s the bar we are setting for citizen engagement platforms.” 3. Strategic Asset Management: A Living Map of Odisha’s Renewable Landscape OREDA’s current asset base spans over 150,000 decentralized energy assets, including solar pumps, off-grid systems, and bio-energy plants. Tracking their status, health, and warranty lifecycles is mission-critical.

      Dexian’s Asset Intelligence Engine (AIE) enables real-time asset visibility by incorporating: • QR-Code Enabled Tagging for field-scannable asset IDs • Predictive Maintenance Algorithms to pre-empt failures • Vendor-linked SLA Dashboards ensuring compliance on replacements and repairs • Inventory Optimization using AI for spare part stocking and forecasting This solution ensures that each asset, whether in a coastal village or a tribal hamlet, has a digital identity, performance log, and actionable history.

      4. Contact Center of the Future: Always Available, Always Aware The proposed Support Center in Bhubaneswar will be reimagined as a Smart Service Nucleus, integrating voice, data, and human support with embedded intelligence.

      Dexian will deploy: • Cloud-based ACD (Automatic Call Distributor) with smart routing • IVR with Vernacular Language Options for broader inclusivity • AI-Powered Voice Bots to reduce call volume by 40% • Field Escalation Interface for L2 support and on-ground redressal Monthly analytics will evaluate metrics such as first-call resolution, agent productivity, citizen satisfaction scores, and unattended calls, ensuring continuous improvement.

      Security, Scalability, and Compliance at the Core In an era of increasing cyber vulnerabilities, Dexian's solution will be fully compliant with CERT-In guidelines and incorporate: • Data-at-Rest and In-Transit Encryption • Role-Based Access Control with Audit Trails • SSL Certification for All Portals • Third-party Vulnerability Assessment & Penetration Testing (VAPT) before launch Moreover, Dexian will host the solution on the Odisha State Data Centre (OSDC), ensuring data sovereignty, high availability, and seamless scalability.

      Capacity Building: Building Digital Champions Within OREDA Dexian believes that technological adoption is only as successful as the people behind it. Therefore, a structured Train-the-Trainer program will be rolled out, focusing on: • Hands-on CRM and PMIS usage • MIS report interpretation and analytics • Helpdesk management SOPs • Field team mobile app workflows A multilingual training kit, including videos, manuals, and live demos, will ensure stakeholders across hierarchies and regions are equipped and empowered.

      Why Dexian? The Proven Partner for Purpose-Driven Innovation Dexian India is not new to complexity. From empowering state governments in India to enabling NextGen GCCs for Fortune 500 clients, Dexian brings a blend of domain depth, execution excellence, and design thinking to the table.

      Here’s why OREDA can consider Dexian as a trusted implementation partner: • 80% First-Time Resolution Rate in similar citizen helpdesk implementations • Certified experts in Salesforce, SAP PM, Microsoft Dynamics, AWS, and ServiceNow • Dedicated Government Center of Excellence The Outcome: A Renewable Energy Ecosystem That Thinks, Learns, and Responds A modernized digital ecosystem would enable OREDA to more effectively monitor project implementation, respond to citizen feedback in a timely manner, and manage renewable energy infrastructure through data-driven insights. Dexian India, with its experience in building scalable public-sector platforms, can support this transition where required, offering technical expertise, system integration capabilities, and training frameworks tailored to OREDA’s operational needs.

      Final Thoughts: A Future Forged in Code, Collaboration, and Clean Energy Odisha stands at the cusp of a renewable revolution. With its unwavering focus on equity, inclusion, and sustainability, OREDA is ready to lead the charge. But to do so, it needs a technology partner that brings more than code, it needs conviction.

      Dexian India is that partner.

      Together, OREDA and Dexian can not only meet the 2030 renewable targets but redefine how citizens, governments, and clean energy coexist in a digitally empowered society.

      (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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