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    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
    NEWS HIGHLIGHTS
    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
    Kerala to stop welfare pension delivery through cooperative banks, shifts to DBT
    China's exports slow slightly in July despite robust demand for high-tech products
    India successfully concludes the Tenth BRICS Industry Ministers' Meeting in Jaipur under its BRICS Chairship 2026
    APEDA Organises BIOFACH INDIA 2026 to Promote India's Certified Organic Products and Expand Global Market Access
    RBI bars banks from disabling mobile devices of defaulting borrowers
    Par panel for early conclusion of India-US trade pact, tariff exemptions on key goods
    No commitments relating to ethanol import from US for fuel blending under FTA talks: Govt
    No concession or commitment on import of Ethanol for fuel blending from the United States
    Office of the Controller General of Patents, Designs and Trade Marks Announces Tentative Schedule for Patent and Trade Marks Agent Examinations 2027 a...
    RBI invites comments on the draft “Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026”
    West Bengal seeks 100pc foodgrain, 40pc sugar jute packaging quota at SAC meeting
    RBI clasifies Tata Sons, 16 others as large NBFCs
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    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
    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
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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
    Show AI Summary
    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
    Show AI Summary
    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.
    August 7, 2026
    Show AI Summary
    Direct Benefit Transfer for welfare pensions replaces doorstep cooperative-bank delivery, while home delivery remains for bedridden beneficiaries.
    Direct Benefit Transfer of social security and welfare pensions is to be made mandatory through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep distribution. Home delivery continues for completely bedridden beneficiaries and others who cannot be excluded. The change addresses delays in remitting undistributed amounts, record-update and reconciliation deficiencies, duplicate payments linked to incomplete Aadhaar-based payments, delivery incentive costs, and the need to comply with Direct Benefit Transfer norms to avoid loss of central financial assistance.
    August 7, 2026
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    Customs trade data show moderating July growth while high-technology exports, vehicles and advanced manufacturing supplies remain strongly supported.
    Customs and trade data showed that China's July export and import growth moderated and its trade surplus narrowed from the preceding month. Typhoon-related port disruptions affected trade flows, but demand for electronics and green technology products supported elevated values. High-technology items, vehicles, electronics and machinery recorded strong January-July export growth, while trade performance varied among the United States, the European Union and Southeast Asia.
    August 7, 2026
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    BRICS industrial cooperation advances MSME, photovoltaic, startup and logistics frameworks alongside resilient trade and digital services collaboration.
    BRICS industrial cooperation under PartNIR was strengthened through a Joint Declaration and institutional measures addressing MSMEs, photovoltaics, startup-led innovation, and resilient transport and logistics. The measures include an SME cooperation framework, Terms of Reference and an Action Plan for photovoltaic industry cooperation, and a startup innovation action plan. Trade discussions focused on the multilateral trading system, MSME participation in international trade, resilient global value chains, and cross-border digitally delivered services within a rules-based trading framework.
    August 7, 2026
    Show AI Summary
    Certified organic export promotion: BIOFACH INDIA facilitates buyer-seller engagement, certification awareness, traceability discussions and international market access.
    BIOFACH INDIA 2026 promotes certified organic exports by providing a platform for Indian organic enterprises to showcase diverse certified products and engage with overseas buyers through structured Buyer-Seller Meets. Technical sessions address organic certification, traceability, sustainability, quality standards, international regulatory requirements and export-market expectations. The initiative supports quality assurance, international market access, export linkages and sustainable agricultural practices across the organic value chain.
    August 6, 2026
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    Device-based loan recovery restrictions protect essential mobile functions while permitting gradual locking only for lender-financed devices.
    Technology-based recovery mechanisms cannot restrict or disable a borrower's mobile device unless the bank financed acquisition of that device. Where permitted, banks must adopt a gradual approach and preserve essential functions, including incoming calls, SMS access, and emergency SOS features. Regulated entities and service providers must obtain manufacturer or operating-system certification for device-locking technology. Disclosure of borrower or guarantor information to recovery personnel must be limited to what is necessary for loan-recovery duties.
    August 6, 2026
    Show AI Summary
    Bilateral trade agreement negotiations should secure tariff certainty, protect key exports, strengthen supply chains, and support vulnerable small industries.
    An early Bilateral Trade Agreement is proposed to protect Indian interests, secure tariff exemptions for key exports, reduce barriers affecting industrial products, and create predictable trade conditions. Recommended measures include financial and export-credit support for small industries, real-time monitoring of customs requirements, documentation assistance, and timely policy support against tariff and non-tariff barriers. Export strategy should develop knowledge services and critical supply-chain integration, while a National Fund should assist suppliers with redesign, tooling, certification and entry into new global supply chains.
    August 6, 2026
    Show AI Summary
    Ethanol imports for fuel blending remain excluded from trade commitments, with domestic producers continuing to supply the blending programme.
    Ethanol imports for fuel blending remain outside concessions or commitments in India-US trade discussions. Under the Ethanol Blended with Petrol Programme, ethanol procurement is governed solely by domestic policy requirements and is sourced entirely from domestic producers. Claims of existing or intended large-scale ethanol imports from the United States for fuel blending, or of a policy change permitting them, are stated to be baseless.
    August 6, 2026
    Show AI Summary
    Domestic ethanol sourcing for fuel blending continues unchanged, with no import commitments or concessions involving United States ethanol.
    Ethanol used for fuel blending under the Ethanol Blended with Petrol Programme is sourced entirely from domestic producers, with no imports from the United States for that purpose. No concessions or commitments on importing United States ethanol for fuel blending have been made in trade discussions. Fuel blending and ethanol procurement continue to be governed solely by domestic policy requirements, and claims of a policy change allowing large-scale imports are incorrect.
    August 6, 2026
    Show AI Summary
    Patent and trade marks agent qualification examinations require written-paper minimums, aggregate passing scores, and viva voce assessment for registration.
    Patent and trade marks agent examinations comprise an objective Paper I, a descriptive Paper II and a viva voce assessing suitability to practise before the Intellectual Property Office. Candidates must secure the stipulated minimum marks in each written paper and the required aggregate score to pass. Registration in the relevant Register of Patent Agents or Register of Trade Marks Agents is available only to candidates who satisfy all prescribed eligibility conditions and qualify the examination.
    August 6, 2026
    Show AI Summary
    Draft NBFC credit-facilities amendments open for stakeholder consultation through designated online and email feedback channels.
    Draft amendments to the Non-Banking Financial Companies credit-facilities framework have been released for public consultation. Regulated entities and other interested stakeholders may submit comments or feedback through the 'Connect 2 Regulate' platform or by email using the specified subject line.
    August 6, 2026
    Show AI Summary
    Mandatory jute packaging reservations were urged to protect cultivators, mill workers, crop absorption, and environmentally sustainable packaging.
    Mandatory jute packaging reservations were sought to be retained at full coverage for foodgrains and increased for sugar packaging for the forthcoming Jute Year. The submission before the Standing Advisory Committee emphasised absorption of bumper jute output, remunerative prices for cultivators, uninterrupted mill operations, and protection of farm and worker livelihoods. It also stressed that biodegradable jute bags offer an environmentally friendly alternative to HDPE and polypropylene woven sacks, and that dilution of compulsory packaging could undermine plastic-pollution reduction efforts.
    August 6, 2026
    Show AI Summary
    NBFC Upper Layer classification imposes enhanced regulation and listing obligations, while de-registration applications remain under examination.
    NBFC Upper Layer classification subjects identified large non-banking financial companies to enhanced regulatory requirements for at least five years and requires stock-exchange listing within three years of identification. The framework divides NBFCs into Base, Middle, Upper and Top Layers. Seventeen large NBFCs were included in the Upper Layer list, while Tata Sons' classification remains subject to the pending examination of its de-registration application.

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      From Startup Struggles to Global Success: How Webomindapps Became the Top Web Development Company in Bangalore

      July 10, 2025

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      12+ Years of Driving Innovation, Building Strong Partnerships, and Inspiring Client Growth Bangalore, Karnataka, India - Business Wire India In just over a decade, Webomindapps has grown from a small startup into one of Bangalore’s most trusted web development companies, serving a global network of clients. With a portfolio of over 2,000 successful projects delivered across 25+ countries, the organization continues to help businesses of all sizes achieve their digital transformation goals. Throughout its journey, the company has enabled businesses to grow with custom web development services in Bangalore, designed for both local and international organizations.

      Webomindapps was founded with a simple mission: to bridge the gap between businesses and their potential digital success. Today, as a top web development company in Bangalore, it is known for providing quality services, transparent communication, and innovative ideas.

      “Every milestone we have reached reflects our team’s relentless dedication and our clients’ trust in our expertise,” said Ramya Krishnappa, Co-Founder & Managing Director of Webomindapps. “We have grown not just in size, but in the value we deliver.” From Humble Beginnings to Global Impact Webomindapps started its journey in Bangalore with a small team, limited resources, and the vision of building a brand from scratch. As a bootstrapped startup, it pushed through with determination and a clear goal for the future while staying focused on finding and building meaningful partnerships.

      Initially formed as a web development company for startups, Webomindapps focused on building functional and user-friendly websites for early stage businesses. This approach soon led to strong partnerships and repeat clients. The brand reputation quickly grew, and the company expanded its offerings to support large businesses and enterprises, establishing itself as a go-to partner for businesses that needed scalable web design, web development, and digital marketing solutions.

      Webomindapps stayed resilient during the pandemic, a time when many competitors struggled. Instead of slow growth, Webomindapps doubled its size, secured larger projects, and invested in smart talent, processes, and new technologies. The team expanded its portfolio to include digital marketing, SEO, UI/UX design, software development, and branding solutions.

      Having earned years of experience with hard work, Webomindapps took its vision global by establishing a presence in Dubai.

      Today, the brand is recognized as a trusted provider of custom web development and digital marketing strategies to small, medium, and large enterprises across the globe.

      What Drives Webomindapps' Success • Collaborative Culture: A collaborative team that values creativity, clear communication, and consistently delivers high quality projects.

      • Client-First Approach: With custom development, timely updates, and dedicated support, every project is shaped by the client’s vision and goals.

      • Cutting Edge Technology: Webomindapps stays ahead of its competitors by using modern frameworks, AI tools, and scalable technologies to create advanced websites.

      • Complete Services: As a full service web design company in Bangalore, they handle everything from web design and development to digital marketing, providing a one stop solution for a brand’s online presence.

      • Industry Experience: With a proven track record in sectors like eCommerce, real estate, healthcare, education, and fintech, the team brings valuable industry knowledge to every project.

      End to End Web Development and Marketing Strategies Under One Roof Webomindapps is a full service digital agency that offers a wide range of services by implementing our innovative strategies to create impactful digital experiences. Whether you’re a startup, medium or large enterprise, Webomindapps brings innovation, performance, and vast experience to every project.

      Web & App Development Webomindapps develops custom websites, mobile apps, and web applications aligned with each client’s unique business goals. As a dedicated e-commerce development company, it also delivers e-commerce platforms that have unique features and are optimized for growth. All solutions are built to be fast, secure, and scalable, using the latest technologies for smooth performance across all platforms.

      • Web Designing Services • Web Development Solutions • Ecommerce Website Development • WordPress Website Development • Web Application Development • Mobile Application Development • Software Development Design & Branding Webomindapps blends creative designs with a user focused method to build visually catchy UI/UX and strong brand identities. Each design is carefully created to reflect a company’s brand and increase user engagement and experience.

      • UI/UX Design • Graphic Design • Brand Strategy • Motion Design & Animation • Creative Strategies Digital Marketing Webomindapps implements digital marketing strategies that focus on real and measurable results. By combining SEO, paid ads, and social media, the team helps brands attract the right audience, keep them engaged, and increase conversions.

      • SEO Services • Social Media Marketing • Pay Per Click (PPC) Advertising • Content Marketing • Email Marketing Transforming Business Operations with AI Enhanced Web Development and Intelligent Agents As a part of its innovative approaches, Webomindapps is now using advanced AI tools and building intelligent agents. These technologies help businesses automate their operations, offer personalized user experience, and grow faster.

      “Our goal is to help businesses not just build websites, but create smart digital ecosystems,” said Manikanda Pandian, Founder & CEO of Webomindapps. “From user experience to customer support, we are using AI to solve real business challenges.” Webomindapps’ AI innovation is now led by Witzo, a dedicated division focused on developing intelligent automation tools for specific industry needs. Witzo is built to design and deploy custom AI agents using powerful Large Language Models (LLMs) that address challenges in various sectors like healthcare, eCommerce, education, real estate, HR, finance, and hospitality.

      By combining conversational AI with each industry’s knowledge and modern frameworks, Witzo provides secure and scalable agents that can automate tasks like customer support, appointment booking, product recommendations, and lead follow ups. This helps businesses reduce manual work, respond fast, and scale operations efficiently.

      Client Success & Global Footprint Over the years, Webomindapps has had the opportunity to work with organizations across the US, Europe, the Middle East, Australia, and Southeast Asia. With more than 2,000 projects successfully delivered, it has a strong global presence and a trusted brand name. A customer retention rate of over 90% reflects the value they provide. Many businesses continue to return for new features, redesigns, and continued digital growth. From reducing development time to improving customer engagement and brand visibility, Webomindapps provides valuable solutions that enable partners to grow efficiently and scale faster. Whether to assist a startup with it’s first product launch or guiding an enterprise through digital change, they bring the same level of dedication, expertise, and care to every project.

      Vision for the Future Webomindapps aims to expand its global presence and continue to innovate with design, technology, and AI. While already recognized for its web development services in Bangalore, the organization is now focused on building smart AI agents and scalable digital platforms to help businesses across industries.

      Along with its expansion across India and the Middle East, Webomindapps is committed to building lasting relationships, maintaining quality standards, and shaping the next generation of digital experiences.

      About Webomindapps Established in 2013, Webomindapps is a Bangalore-based web design and development company known for creating scalable and high-performance digital solutions. Over the past 12+ years, the company has matured to become a top web development company in Bangalore. With a strong focus on innovation and user-friendly design, Webomindapps delivers a wide range of digital services from custom website development and eCommerce platforms to UI/UX design, AI-powered web solutions, and end-to-end digital marketing. Supported by a skilled in-house team and a proven track record of delivering over 2,000+ successful projects for startups, SMEs, and enterprises across 25+ countries. Webomindapps has earned a reputation for its technical excellence, integrity, and long-term client relationships.

      • Website: https://www.webomindapps.com/ • Office locations: 24, 2nd floor, 5th Cross Rd, KHB Colony, 5th Block, Koramangala, Bengaluru, Karnataka, India, 560095 (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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