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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.
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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.
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Digital warehousing controls propose electronic tracking, secure transport, monthly returns, and risk-based compliance verification for warehoused goods.
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Fragile ceasefire appears to hold between Israel, Iran; Trump vents frustration with both sides

June 25, 2025

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Dubai, Jun 24 (AP) A fragile ceasefire between Iran and Israel appeared to hold Tuesday after initially faltering, and US President Donald Trump expressed frustration with both sides, saying they have fought “for so long and so hard” that they do not know what they are doing.

Israel had earlier accused Iran of launching missiles into its airspace after the truce was supposed to take effect, and the Israeli finance minister vowed that “Tehran will tremble.” The Iranian military denied firing on Israel, state media reported, but explosions boomed and sirens sounded across northern Israel in the morning, and an Israeli military official said two Iranian missiles were intercepted.

Trump told reporters at the White House before departing for a NATO summit that, in his view, both sides had violated the nascent agreement. He had particularly strong words for Israel, a close ally, while suggesting Iran may have fired on the country by mistake.

But later he said the deal was saved.

“ISRAEL is not going to attack Iran. All planes will turn around and head home, while doing a friendly “Plane Wave” to Iran. Nobody will be hurt, the Ceasefire is in effect!” Trump said in his Truth Social post.

Indeed, Israeli Prime Minister Benjamin Netanyahu's office said he held off on tougher strikes against Iran after speaking to Trump.

The conflict, now in its 12th day, began with Israel targeting Iranian nuclear and military sites, saying it could not allow Tehran to develop atomic weapons and that it feared the Islamic Republic was close. Iran has long maintained that its programme is peaceful.

If the truce holds, it will provide a global sense of relief after the US intervened by dropping bunker-buster bombs on nuclear sites over the weekend — a move that risked further destabilizing the volatile region.

Trump phoned Netanyahu after the American bombing on Sunday and told him not to expect additional US military attacks and that he should seek a diplomatic solution with Iran, a senior White House official said.

Trump's position was that the US had removed any imminent threat posed by Iran, according to the official who was not authorised to comment publicly about sensitive diplomatic talks and spoke on condition of anonymity.

Israel followed up the US air attacks by expanding the kinds of targets it was hitting.

After Tehran launched a limited retaliatory strike Monday on a US military base in Qatar, Trump announced the ceasefire.

A protracted conflict could have a broad economic impact if Iran closed the Strait of Hormuz, a major shipping channel.

China, which is Iran's largest trading partner and only remaining oil customer, condemned the US attacks and said it was concerned about a “spiral of escalations” without a ceasefire.

Trump suggested the ceasefire would allow Iranian oil to continue to flow, saying on social media that China could keep purchasing crude from Iran.

Israel accuses Iran of violating the truce. Iran denies allegation The deal got off to a rocky start.

An Israeli military official who spoke on the condition of anonymity in line with military regulations said Iran launched two missiles at Israel hours into the tenuous ceasefire. Both were intercepted, the official said.

Iranian state television reported that the military denied firing missiles after the start of the ceasefire — while condemning Israel for predawn strikes of its own.

One of those attacks killed a high-profile nuclear scientist, Mohammad Reza Sedighi Saber, at his father-in-law's residence in northern Iran, Iranian state TV reported.

As Trump spoke to reporters at the White House before departing for the NATO summit, he expressed disappointment with both sides.

Iran “violated it, but Israel violated it too,” Trump said. ”I'm not happy with Israel.” Trump's frustration was palpable, using an expletive to hammer home his point.

“We basically have two countries that have been fighting so long and so hard that they don't know what the f—- they're doing,” he said.

Later, however, he announced that Israel had backed off its threat to attack Tehran and would turn its jets around.

Netanyahu's office said Israel struck an Iranian radar site in response to the Iranian missile attack early Tuesday, but Israeli forces held off on something bigger.

Following Trump's conversation with Netanyahu, "Israel refrained from additional attacks,” Netanyahu's office said.

Breakthrough announced after hostilities spread Netanyahu said Israel agreed to a bilateral ceasefire with Iran, in coordination with Trump, after the country achieved all of its war goals, including removing the threat of Iran's nuclear and ballistic missile programs.

It's unclear what role Ayatollah Ali Khamenei, Iran's leader, played in the talks. He said earlier on social media that he would not surrender.

Trump said Tuesday that he wasn't seeking regime change in Iran, two days after floating the idea himself in a social media post.

“I don't want it," Trump told reporters on Air Force One. “Regime change takes chaos and, ideally, we don't want to see much chaos.” Before the ceasefire was announced, Israel's military said Iran launched 20 missiles toward Israel. Police said they damaged at least three densely packed residential buildings in the city of Beersheba. First responders said they retrieved four bodies from one building and were searching for more. At least 20 people were injured.

Outside, the shells of burned out cars littered the streets. Broken glass and rubble covered the area. Police said some people were injured while inside their apartments' reinforced safe rooms, which are meant to withstand rockets but not direct hits from ballistic missiles.

The attack followed a limited Iranian missile attack Monday on a US military base in Qatar, retaliating for earlier American bombing of its nuclear sites. The US was warned by Iran in advance, and there were no casualties.

Drones attacked military bases in Iraq overnight, including some housing US troops, the Iraqi army and a US military official said Tuesday.

A senior US military official, who spoke on condition of anonymity because he was not authorised to comment publicly, said US forces shot down drones attacking Ain al-Assad in the desert in western Iraq and at a base next to the Baghdad airport, while another one crashed.

No casualties were reported, and no group claimed responsibility for the attacks in Iraq. Some Iran-backed Iraqi militias had previously threatened to target US bases if the US attacked Iran.

Conflict has killed hundreds In Israel, at least 28 people have been killed and more than 1,000 wounded in the war. Israeli strikes on Iran have killed at least 974 people and wounded 3,458 others, according to the Washington-based group Human Rights Activists.

The group, which has provided detailed casualty figures from Iranian unrest, said of those killed, it identified 387 civilians and 268 security force personnel.

The US has evacuated some 250 American citizens and their immediate family members from Israel by government, military and charter flights that began over the weekend, a State Department official said.

There are roughly 700,000 American citizens, most of them dual US-Israeli citizens, believed to be in Israel. (AP) GRS GRS

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