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    Government Approves One-Time Interest-Free Loan of ₹50,000 per Barn for FCV Tobacco Growers in Andhra Pradesh
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    Government’s Borrowing Plan for the second half of FY 2026-27
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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.
Intelligence-led interception and baggage examination identified foreign-origin gold converted into fine powder and mixed with packaged food products of similar colour, texture and consistency. Segregation and assaying yielded 9.40 kg foreign-origin gold, which was seized under the Customs Act, 1962. Questioning linked the passengers to the same organised gold-smuggling syndicate, and they were arrested under that Act.
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.
September 25, 2026
Show AI Summary
Credit health assessment combines score, repayment history, utilisation, accounts and enquiries to support informed borrowing and profile monitoring.
Credit health is broader than a numerical credit score and encompasses the way credit has been managed over time. Credit analysis requires a combined review of the score, repayment history, credit accounts, credit utilisation, credit history and credit enquiries. A credit report may identify management of EMIs and credit-card dues, existing borrowing obligations, use of revolving credit relative to available limits, and recent lender checks associated with credit applications. Incorrect or unfamiliar entries may be reviewed and, where necessary, raised with the relevant lender or credit bureau.
September 25, 2026
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Fuel-price mitigation measures use tax reductions, targeted subsidies and energy-security policies to ease pressure on households and energy-intensive industries.
European fuel-price intervention combines targeted subsidies, fuel-tax reductions, temporary regulatory flexibilities and energy-security investment to moderate the economic effects of sharply higher gasoline and diesel prices caused by disrupted supplies. Member States have temporary discretion to grant state aid to households and energy-intensive sectors, including agriculture, transport and fishing, and limited flexibility under EU spending rules for investments that improve energy security and reduce dependence on imported fossil fuels.
September 25, 2026
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AI management certification anchors responsible lifecycle governance, transparency, accountability, security, and human oversight for agentic loyalty systems.
ISO/IEC 42001:2023 certification applies to an Artificial Intelligence Management System governing AI development, deployment, oversight and continual improvement within the GRAVTY platform. The framework supports AI-related risk management, responsible governance, transparency, accountability, security and human oversight throughout the AI lifecycle. Its scope includes supervised and unsupervised learning models and large language models supporting personalised engagement, fraud management, loyalty intelligence, autonomous decision-making, operational automation and workflow support.
September 25, 2026
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Digital warehousing controls propose electronic tracking, secure transport, monthly returns, and risk-based compliance verification for warehoused goods.
Draft Warehousing Operations Regulations, 2026 would require public and private warehouse licensees to use the electronic portal and a digital warehouse management system for receipt, storage, transfers, removals and accounting of warehoused goods. Transport would generally require a one-time-lock and transit-risk insurance, subject to specified exemptions. Licensees would verify locks and goods, report discrepancies, maintain auditable electronic records, submit monthly returns, and permit removals for home consumption or export only upon electronic clearance orders. Non-confirmation, discrepancies and contraventions would trigger information demands, risk-based verification and action under the Customs Act.
September 25, 2026
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Technology risk governance requires banks to retain accountability, test resilience, and govern artificial intelligence before scaling financial services.
Technology risk governance must treat technology architecture as a first-order enterprise risk, alongside conventional financial risks, because the availability and integrity of core banking, payments, onboarding, credit, fraud-monitoring and reporting systems determine whether customers can access essential financial services. Banks may outsource technology functions but retain accountability for access controls, concentration, recoverability, data protection and exit options. Effective resilience requires secure architecture, asset visibility, timely remediation of vulnerabilities and legacy systems, identity and access management, effective controls, third-party oversight, post-incident learning, and regular recovery testing.
September 25, 2026
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Global value chain integration advances trade partnerships, semiconductor capacity, and deep-tech innovation within broader economic engagement.
India's global economic engagement prioritises trade and economic partnerships to strengthen participation in global value chains and supply chains, facilitating cross-border movement of goods and services. The approach is linked to projected semiconductor demand and development of artificial-intelligence capabilities, alongside innovation, deep-tech startup support and private-sector space activity. The startup ecosystem is described as having expanded substantially, with current policy emphasis on deep-tech innovation and participation in global markets.
September 25, 2026
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Trade agreement review targets balanced, user-friendly, trade-facilitative rules to address asymmetries and strengthen regional commerce.
The ongoing review of the ASEAN-India Trade in Goods Agreement seeks to enhance trade flows, address trade asymmetries, and deliver a balanced, effective, user-friendly, and trade-facilitative arrangement for businesses. It forms part of India's commitment to mutually beneficial trade partnerships and regional trade arrangements.
September 24, 2026
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Portfolio management reforms broaden permitted investments, establish independent fund managers, and retain registered managers' responsibility for client portfolios.
Portfolio-management reforms replace the 2020 framework and expand investments into IPOs, primary-market debt, listed overseas equity and debt, and direct plans of Indian mutual fund schemes. Investment-grade unlisted non-convertible debt may comprise up to 10 per cent of client assets under management with client consent. Independent Fund Managers may operate with registered portfolio managers, which retain responsibility and liability. Accredited-investor eligibility is broadened, while specified compliance requirements are relaxed where adequate audit trails and internal controls exist.

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Authorities say about 200 immigrants arrested in raids on 2 Southern California farms

July 12, 2025

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Camarillo (US), Jul 12 (AP) Federal immigration authorities said Friday they arrested about 200 immigrants suspected of being in the country illegally in raids a day earlier on two California cannabis farm sites. Protesters engaged in a tense standoff with authorities during an operation at one of the farms.

The Department of Homeland Security said in a statement that authorities executed criminal search warrants in Carpinteria and Camarillo, California, on Thursday. They arrested immigrants suspected of being in the country illegally, and there were also at least 10 immigrant children on site, the statement said.

Four U.S. citizens were arrested for “assaulting or resisting officers,” the department said. Authorities were offering a $50,000 reward for information leading to the arrest of one person suspected of firing a gun at federal agents. One worker who called family to say he was hiding from authorities was on life support after falling and suffering significant injuries.

During the raid, crowds of people gathered outside Glass House Farms in Camarillo to seek information about their relatives and protest immigration enforcement. Authorities clad in military-style helmets and uniforms faced off with the demonstrators. Acrid green and white billowing smoke then forced community members to retreat.

Glass House, a licensed California cannabis grower, said in a statement that immigration agents had valid warrants. The company said workers were detained, and it is helping provide them with legal representation. The farm also grows tomatoes and cucumbers.

“Glass House has never knowingly violated applicable hiring practices and does not and has never employed minors,” the statement said.

It is legal to grow and sell cannabis in California with proper licensing.

The state's Department of Cannabis Control said they “observed no minors on the premises” during a site visit to the farm in May 2025. After receiving another complaint, the department opened an active investigation, according to a department spokesperson.

Worker gravely injured At least 12 people were injured during the raid and protest, said Andrew Dowd, a spokesperson for the Ventura County Fire Department. Eight were taken to St. John's Regional Medical Center and the Ventura County Medical Center, and four were treated at the scene and released. Dowd said he did not have information on the extent of the injuries of those hospitalized.

On Friday, about two dozen people waited outside the farm to retrieve the cars of loved ones and speak to managers. Relatives of Jaime Alanis, who has picked tomatoes at the farm for 10 years, said he called his wife in Mexico during the raid to tell her immigration agents had arrived and that he was hiding with others inside the farm.

“The next thing we heard was that he was in the hospital with broken hands, ribs and a broken neck,” Juan Duran, Alanis' brother-in-law, said in Spanish.

It was not immediately clear how Alanis was injured. A doctor at Ventura County Medical Center told the family that those who brought Alanis to the hospital said he had fallen from the roof of a building.

Alanis had a broken neck, fractured skull and a rupture in an artery that pumps blood to the brain, said his niece Yesenia, who didn't want to share her last name for fear of reprisal. He is on life support, she said.

“They told us he won't make it and to say goodbye,” Yesenia said, crying.

The hospital did not immediately respond to requests for comment.

Confrontation with authorities Relatives and advocates headed to the farm about 50 miles (80 kilometers) northwest of downtown Los Angeles to try to find out what was going on, and began protesting outside.

Federal authorities formed a line blocking the road leading through farm fields to the company's greenhouses. Protesters were seen shouting at agents wearing camouflage gear, helmets and gas masks. The billowing smoke drove protesters to retreat. It wasn't clear why authorities threw the canisters or if they released chemicals such as tear gas.

Ventura County fire authorities responding to a 911 call of people having trouble breathing said three people were taken to nearby hospitals.

At the farm, agents arrested workers and removed them by bus. Others, including U.S. citizens, were detained at the site for hours while agents investigated.

The incident came as federal immigration agents have ramped up arrests in Southern California at car washes, farms and Home Depot parking lots, stoking widespread fear among immigrant communities.

Federal investigations The Department of Homeland Security said in a statement Friday that the investigation into immigration and potential child labor violations at the farm is ongoing. No further details of the allegations were provided.

The agency said hundreds of demonstrators attempted to disrupt the operations, leading to the arrest of four Americans.

“We will prosecute to the fullest extent of the law anyone who assaults or doxes federal law enforcement,” Assistant Secretary Tricia McLaughlin said in a statement.

Immigration and Customs Enforcement and Customs and Border Protection were both part of the operation, the statement said.

Family members search for answers The mother of an American worker said her son was held at the worksite for 11 hours and told her agents took workers' cellphones to prevent them from calling family or filming and forced them to erase cellphone video of agents at the site.

The woman said her son told her agents marked the men's hands with ink to distinguish their immigration status. She spoke to The Associated Press on condition of anonymity because she feared reprisals from the government.

United Farm Workers said in statement that some U.S. citizens are not yet accounted for.

Maria Servin, 68, said her son has worked at the farm for 18 years and was helping to build a greenhouse. She said she spoke to her son, who is undocumented, after hearing of the raid and offered to pick him up.

“He said not to come because they were surrounded and there was even a helicopter. That was the last time I spoke to him,” Servin, a U.S. citizen, said in Spanish.

She said she went to the farm anyway but federal agents were shooting tear gas and rubber bullets and she decided it was not safe to stay. She and her daughter returned to the farm Friday and were told her son had been arrested Thursday. They still don't know where he is being held.

“I regret 1,000 times that I didn't help him get his documents,” Servin said. (AP) NB NB

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