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    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
    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...
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    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.
    August 7, 2026
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    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
    Show AI Summary
    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
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    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
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    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
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    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
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    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.

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      Dreame Technology Expands Offline Presence in India Through Partnership with Croma

      July 15, 2025

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      New Delhi, Delhi, India – Business Wire India Dreame Technology, a global leader in smart home appliances, has officially entered the offline retail space in India, through a partnership with Croma, marking a pivotal step in its growth strategy for the market. Following strong demand and consistent success on Amazon India, the brand is now bringing its intelligent cleaning and grooming innovations directly to physical retail—making its products more accessible, experiential, and tangible for Indian consumers.

      As part of its expansion plan, Dreame’s product range will be available across select Croma stores in over 20+ cities covering metros, tier 1 & tier 2. Starting today, customers can visit the "Dreame Zone" across Croma stores and experience Dreame's advanced and innovative products, such as robotic vacuums, cordless stick vacuums, wet - and - dry vacuums, and grooming products. By providing customers with a hands-on experience of Dreame's innovative product ecosystem, the brand aims to get closer to Indian households. Whether it is testing performance or understanding specifications, customers can now interact with Dreame's intelligent home solutions before making a purchase.

      Manu Sharma, Managing Director, Dreame India, said, "India is one of the most exciting markets for us globally. Our partnership with Croma is a significant milestone in Dreame's journey in India. For the first time, customers can walk into stores and experience our products up close - understanding their features, design, and performance in a real-world setting. This offline presence is not just about increasing awareness - it's about building trust, fostering interaction, and ensuring that Indian consumers have every opportunity to discover how Dreame can enhance their daily lives through intelligent innovation. By entering Croma’s stores, we’re giving consumers the opportunity to truly understand what Dreame stands for—performance, aesthetics, and intelligent design—right at their fingertips." The move reflects a growing shift in Indian consumer preferences toward high-tech, design-led home solutions that deliver real everyday value. By combining online momentum with offline accessibility, Dreame is creating a phygital brand experience that meets India’s diverse shopping behaviors. This development comes on the heels of Dreame onboarding Kriti Sanon as its first Indian brand ambassador, reinforcing the company’s serious, long-term investment in the Indian market.

      As a part of the introductory offer, starting from 15th July - 20th July customers can avail attractive offers on Dreame products across Croma stores and avail upto 10% additional discount on select credit card purchases from IDFC Bank, Amex, HSBC and Bank of Baroda. Additionally, No Cost EMI options are also available on select models. Whether you're upgrading your cleaning routine or investing in smarter home appliances, this is the perfect time to bring home Dreame’s premium innovations at exceptional prices.

      Retail experts have noted that offline availability often plays a pivotal role in building brand loyalty and accelerating adoption—especially in high-involvement categories like smart home appliances. This launch is a strategic effort to complement digital sales with physical touchpoints that build confidence and drive conversion.

      To support this move, Dreame has also rolled out dedicated after-sales infrastructure, including a toll-free customer helpline, pickup & drop support, and on-site installation along with 2-year warranties on grooming products and 1-year coverage on cleaning devices—ensuring that ownership is as seamless as the purchase journey.

      With this offline foray, Dreame is taking a confident step forward in becoming a household name in India, offering smarter, cleaner, and more connected living experiences tailored for modern Indian homes.

      About Dreame India Dreame Technology started operations in India in early 2023. Our roots delve into the heart of tech, aiming to revolutionize daily life for our global consumers. Currently, the company offers products across robotic vacuums, wet and dry vacuums, cordless stick vacuums and grooming. All Dreame products are available on Amazon.

      About Dreame Technology Founded in 2017, Dreame Technology ("Dreame" for short) is an international tech firm constantly seeking innovation and delivering new levels of daily life convenience for its global consumers. Pushing tech boundaries lies at the very heart of Dreame. In 2015, the company's founding team pioneered high-speed digital motors, the building blocks of smart appliances. Subsequently, Dreame continued its journey by developing intelligent algorithms. This combination has granted our products distinctive edges. So far, Dreame has applied for up to 6,004 patents worldwide, 2637 already authorized and 2183 invention patents. Dreame's smart products aim to save individuals' time on household chores so they can focus more on pursuing their dream life through our major product lines: robotic vacuums, cordless stick vacuums, wet and dry vacuums, and high-speed hair dryers. Yet, our ambitions soar even higher. Robotic lawn mowers, cordless robotic pool cleaners, and commercial food delivery robots are under development, with more lineups in the pipeline.

      Locations City Name Address Contact Google Maps Mumbai Powai, Mumbai 1st Flr, Ventura Building, Central Avenue Road, Powai, Opposite Starbucks, Mumbai, Maharashtra, India, 400076 8655643066 https://maps.google.com/maps?cid=5899009931650885892 Mumbai Mumbai-Oberoi Mall Western Express Highway, Goregaon East, Mumbai, Maharashtra, India, 400063 Mumbai Infiniti Mall, Mumbai Unit No Lg 002, Infiniti Mall, New Link Road, Malad West, Mumbai, Maharashtra, India, 400064 8691088260 https://maps.google.com/maps?cid=672771402915312221 Mumbai Borivali, Mumbai Ground & 1st Floor, Natraj CHS, Sodawala Lane, Borivali West, Mumbai, Maharashtra, India, 400091 8291008759 https://maps.google.com/maps?cid=3604539226511423009 Navi Mumbai Seawoods Mall, Navi Mumbai 1st Floor, Nexus Seawoods Mall, Sector 40, Near Seawoods Railway Station, Navi Mumbai, Maharashtra, India, 400706 8976904302 https://maps.google.com/maps?cid=4050086170159580391 Thane Thane-Ghodbunder Road House No 43, No 32/2H, Ground Floor, Kapurbawdi Junction, Kailash Nagar, Next to Bank of Baroda, Thane, Maharashtra, India, 400607 089769 04303 https://maps.google.com/maps?cid=9487130475166437347 Pune Baner, Pune Ground Floor, Pride Gateway, Veerbhadra Nagar, Baner, Pune, Maharashtra, India, 411045 7208981679 https://maps.google.com/maps?cid=16159559282408495296 Pune Pune-Seasons Mall Ground Floor, Seasons Mall, Magarpatta, Hadapsar, Pune, Maharashtra, India, 411028 089769 11833 https://maps.google.com/maps?cid=4734675818195905131 Delhi NCR Worldmark 2, Gurugram No 2/A212, Gr & 1st Flr, Wolrdmark, Medawas, Sector 65, Gurugram, Haryana, India, 122018 8929564799 https://maps.google.com/maps?cid=9667526580025182183 Vadodara Centre Square Mall, Vadodara, Gujarat Centre Square Mall, Sarabhai Road, Opp Vadodara Central, Vadodara, Gujarat, India, 390007 9574662338 https://maps.google.com/maps?cid=120070217873862556 Hyderabad Hyderabad-AS RaoNagar Plot No 2, Tirupathi Reddy Plaza, As Rao Nagar, G Block Colony, Kapra, Hyderabad, Telangana, India, 500062 092468 38476 https://maps.google.com/maps?cid=5152213742268242481 Hyderabad Hyderabad-Panjagutta No 6/3/664, GF, Prestige Towers, NH 65, Punjagutta Rd, Somajiguda, Punjagutta, Hyderabad, Telangana, India, 500082 9160850202 https://maps.google.com/maps?cid=3349102794913117667 Hyderabad Hyderabad-Khajaguda S No 163, Nanakramguda Road, Khajaguda, Hyderabad, Telangana, India, 500008 091543 85498 https://maps.google.com/maps?cid=13096793622726414333 Hyderabad Hyderabad-Kompally Survey No 128, Gr Flr, Ratna Arcade, NH 44, Kompally, Near Sree Vensai Towers, Rangareddy, Telangana, India, 500014 091601 80011 https://maps.google.com/maps?cid=7575438523676816594 Hyderabad Hyderabad-L B Nagar Survey No 9/9 Lb, Gr Flr, DV Cascade, Nagar Service Road, Saroornagar, LB Nagar, Hyderabad, Telangana, India, 500074 092468 10230 https://maps.google.com/maps?cid=2826032808360529530 Hyderabad Hyderabad-Jubilee No 755, Ground & 1st Flr, Phase 1, No 36, Kavuri & Jubilee Hills, CBI Col, Hyderabad, Telangana, India, 500033 9246810231 https://maps.google.com/maps?cid=1244148365989599642 Hyderabad Hyderabad-Kokapet The Classe By DSR, Gandipet Main Rd, opposite Rockwell International School, Kokapet, Hyderabad, Narsingi, Telangana 5000750 9035172394 Bangalore Bangalore-Koramangala No 23, Gr Flr, Indraprastha Equinox, 100 Feet Inner Ring Road, Koramangala, Bengaluru, Karnataka, India, 560095 077958 38018 https://maps.google.com/maps?cid=5923425845857285176 Bangalore Bangalore-Whitefield Survey No 66/1, Old No 66, Miraya Rose, Varthur Hobli Road, Siddapura, Bengaluru, Karnataka, India, 560066 077958 38013 https://maps.google.com/maps?cid=13950138781581852002 Bangalore Bangalore-Nagarbhavi 58, Udayagiri Elegance, Apoorva Layout, 2nd Stage, Yeshwantpur, Hobli, Nagarabhavi, Near 80 Ft Main Road, Bengaluru, Karnataka, India, 560072 Bangalore Bangalore-J P Nagar No 45/1/1, Gr & 1st Flr, Woodys, 17th & 5th Cross, Marenahalli Rd, JP Ngr, Bengaluru, Karnataka, India, 560078 091549 91503 https://maps.google.com/maps?cid=8716631522847833260 Hassan Hassan-BM Road SAS No 104, WN 01, C Karigowda School Rd, PID N0 1/4/544/16A, Bangalore Mangalore Rd, Opposite Hassan Club, Hassan, Karnataka, India, 573201 063667 69809 https://maps.google.com/maps?cid=16897648653033663535 To View the Image, Click on the Link Below: Now closer to you — Dreame’s smart home range is available at Croma stores in 20+ Indian cities (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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