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    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
    Sensex climbs 374 points on buying in Reliance, ICICI Bank; Nifty ends flat
    Insurance Division, DFS Secures 3rd Rank in Group A Category of Grievance Redressal Assessment & Index (GRAI) for June 2026
    VKDL Group’s NPA Bazaar Strengthens India’s Distressed Asset Resolution Ecosystem Under the Leadership of V K Dubey
    Lok Sabha passes bill to authorise govt to permit banks to levy charges on UPI transactions
    Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee August 3 to 5, 2026
    Stock markets edged higher in early trade amid lower crude oil prices, buying in Reliance Industries
    Monthly review of accounts of Government of India upto June 2026 (FY 2026-27)
    DRI busts illegal drug manufacturing unit in Satara district in Maharashtra; two arrested
    CCI approves proposed combination inter alia involving share acquisition(s) and merger of certain entities e.g. AAPC India, Triguna, Caddie, SMPL, Tec...
    Rupee gains 20 paise to close at 95.08 against US dollar post-RBI policy decision
    TN Budget: Revenue deficit at Rs 55,775 crore, fiscal deficit estimated at Rs 1,21,819 crore
    Tatkare slams ‘gungi gudiya’ jibe against Sunetra; Cong says row being exploited for political gains
    RBI invites public comments on Draft Guidelines for ‘on tap’ Licensing of Urban Co-operative Banks
    Pakistan-origin dry dates, routed through UAE, seized at Kandla port
    RBI keeps rates unchanged, retains neutral stance; outlook uncertain on El Nino, geopolitical risks
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    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.
    August 6, 2026
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    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
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    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
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    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.
    August 6, 2026
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    Closing auction price discovery may affect benchmark levels differently based on constituent liquidity and concentrated institutional order flow.
    The Closing Auction Session in the equity cash segment uses an auction-based method to determine closing prices of eligible shares with futures and options contracts, aiming to strengthen transparent and robust price discovery. Its effect on benchmark closing levels may differ according to constituent liquidity and institutional order flow. The Reserve Bank of India retained the policy repo rate and neutral stance, indicating that future policy decisions will be data-dependent and influenced by assessment of energy-cost effects on inflation.
    August 6, 2026
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    Public grievance redressal strengthens through monitoring, senior review, workshops, stakeholder coordination, and customer-centric service delivery improvements.
    Public grievance redressal is assessed through the Grievance Redressal Assessment and Index, which analyses grievance categories and disposal. The Department of Financial Services' Insurance and Banking Divisions received third and sixth ranks respectively in the June 2026 assessment. Its framework includes disposal of grievances, random reviews by senior officials, and workshops on effective grievance redressal, supporting best practices, stakeholder coordination, technology use, customer-centric service, and accountable public service delivery.
    August 6, 2026
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    Distressed asset resolution integrates restructuring, insolvency advisory, funding facilitation and digital marketplaces for transparent financial recovery transactions.
    The platform provides integrated advisory, management and transaction-facilitation services for Non-Performing Assets, stressed assets and distressed assets. Its services include NPA resolution, debt restructuring, One-Time Settlements, funding assistance, insolvency and bankruptcy advisory, asset reconstruction, financial restructuring and capital raising. Digital and offline marketplaces facilitate transactions involving distressed assets, receivables and related movable or immovable properties, supported by collaborations with banks, Non-Banking Financial Companies, Asset Reconstruction Companies, corporates and investors.
    August 6, 2026
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    Merchant discount rate framework may permit charges on notified UPI and digital payments through a government notification mechanism.
    The proposed amendment to Section 10A of the Payment and Settlement Systems Act, 2007 replaces the existing income-tax-linked reference with a Central Government notification-based mechanism for electronic payment modes. It removes the current statutory restriction preventing banks and payment service providers from charging Merchant Discount Rate on notified modes, enabling the Government to permit charges for UPI and other digital payments. The policy rationale is to support funding for payment infrastructure and a sustainable revenue model for service providers.
    August 6, 2026
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    Neutral monetary policy stance continues as resilient growth and food-fuel inflation risks require close macroeconomic monitoring.
    The Monetary Policy Committee retained the policy repo rate and continued the neutral monetary policy stance, citing the need to assess evolving growth-inflation conditions. Domestic activity was assessed as resilient, supported by consumption, investment, credit, manufacturing, services and exports, although global uncertainty, energy prices, supply-chain pressures, geopolitical developments and monsoon conditions remain risks. CPI inflation increased mainly because of food and fuel pressures, while underlying inflation remained moderate. The Committee considered that price pressures were not yet generalised and reaffirmed its commitment to align inflation with the target.
    August 6, 2026
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    Closing auction price discovery and a neutral monetary policy stance shaped equity market conditions amid lower crude prices.
    The Closing Auction Session in the equity cash segment introduced an auction-based mechanism for determining closing prices of eligible shares with futures and options contracts, intended to make price discovery more transparent and robust. The Reserve Bank of India retained its neutral stance and left the benchmark policy rate unchanged, pending greater clarity on the inflationary effects of higher energy costs. Future policy decisions were stated to be data dependent.
    August 6, 2026
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    Monthly public accounts review records receipts, expenditure, tax devolution, interest payments, subsidies, and capital spending through June.
    Consolidated monthly accounts up to June 2026 report total receipts of Rs.10,49,243 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution transfers to State Governments total Rs.2,63,336 crore. Total expenditure is Rs.13,57,076 crore, including revenue expenditure of Rs.10,16,818 crore and capital expenditure of Rs.3,40,258 crore. Revenue expenditure includes interest payments and major subsidies.
    August 6, 2026
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    Illicit psychotropic drug manufacture triggered seizure, apprehensions, and investigation into planned trafficking under narcotics control law.
    Illicit manufacture and trafficking of Alprazolam and Diazepam, psychotropic substances regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985, were detected at a clandestine facility. Searches recovered finished and intermediary substances, together with raw materials and reaction mixtures used in manufacture, and the goods were seized under the Act. The manufacturer and an intended buyer were apprehended, with material indicating a proposed transaction for further illicit trafficking. Preliminary investigation indicated prior involvement in illegal drug production and trafficking.
    August 6, 2026
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    Competition approval for hotel-sector consolidation covers share acquisitions and merger of Accor-branded hotel entities into InterGlobe Hotels.
    Competition approval was granted for related share acquisitions and the merger of AAPC India, Caddie, Triguna, Srilanand Mansions, Techpark and Accent into InterGlobe Hotels. The combination involves entities jointly controlled by the Bhatia Family Group and the Accor Group, including hotel-owning and developing entities, hotel management and franchising operations, leasing activities, and captive consultancy and support services relating to Accor-branded hotels in India.
    August 5, 2026
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    Rupee appreciation followed unchanged monetary policy, lower crude prices, weaker dollar and expectations of orderly exchange-rate management.
    The rupee strengthened after the central bank maintained its policy rate and neutral monetary-policy stance. Lower crude oil prices, a weaker US dollar and declining US Treasury yields supported investor sentiment. Earlier measures to attract capital inflows remained part of the framework supporting the rupee, while the central bank stressed its endeavour to preserve an orderly currency trajectory. Future movement was linked to geopolitical de-escalation, global risk sentiment and US economic data.
    August 5, 2026
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    Fiscal consolidation through revenue mobilisation and leakage control aims to reduce deficits while expanding capital expenditure capacity.
    Tamil Nadu's Revised Budget Estimates for 2026-27 project a revenue deficit and fiscal deficit, with outstanding liabilities comprising public debt and public-account liabilities. Revenue mobilisation is proposed through improved tax administration, collection efficiency, closure of leakages, liquor-manufacturer privilege fees, and eligible Union grants. The strategy projects gradual deficit reduction to create room for capital expenditure, supported by expenditure reforms aimed at eliminating leakages, optimising expenditure, and improving service delivery.
    August 5, 2026
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    Political criticism of public office-holders raises debate over media accountability, personal remarks, and acceptable public discourse.
    Political criticism followed a social-media post describing Maharashtra Deputy Chief Minister Sunetra Pawar as "gungi gudiya" in connection with a press interaction on law-and-order issues in Beed district. Congress representatives stated that the post was not a personal insult, had been deleted after adverse reactions, and was followed by an expression of regret. NCP representatives termed the expression inappropriate and stressed that the principal dignitary should conduct media interactions. Shiv Sena (UBT) representatives described the phrase as not unparliamentary and linked it to criticism of a guardian minister's public responsibilities.
    August 5, 2026
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    On-tap licensing for Urban Co-operative Banks enters public consultation through draft guidelines inviting stakeholder feedback.
    Draft guidelines for 'on tap' licensing of Urban Co-operative Banks have been issued for public and stakeholder consultation. Comments and feedback may be submitted until September 05, 2026, through the designated online consultation facility or by written or email submission to the specified regulatory department.
    August 5, 2026
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    Prohibition on indirect Pakistan-origin imports targets alleged origin misdeclaration and UAE routing used to circumvent trade restrictions.
    Import prohibition on goods originating in Pakistan applies to direct and indirect imports under the Foreign Trade Policy, 2023. Pakistan-origin dry dates routed through the UAE were allegedly declared as UAE-origin goods for import, and were intercepted under the Customs Act, 1962. Investigation indicated that the goods were first sent from Pakistan to Dubai, re-containerised, and then exported to India. A separate interception involved Pakistan-origin guggul resin allegedly declared as Somali natural resin and routed through Dubai.
    August 5, 2026
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    Neutral monetary policy stance keeps benchmark rates unchanged while inflation risks, liquidity management and consumer-protection reforms remain under review.
    Monetary policy maintains the benchmark policy rate unchanged and retains a neutral stance, with future decisions guided by incoming data. The central bank remains committed to aligning headline inflation with its medium-term target while monitoring food, fuel and other input-cost risks. Surplus liquidity will be managed through two-way operations, and the regulatory framework for interest rates on advances is proposed to be harmonised and standardised across regulated entities to improve transparency and consumer protection.

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      India's Young Writers Recognised in Emerging Authors League of Summer Book Writing Festival 2025

      July 25, 2025

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      BriBooks’ second league under SBWF 25 honours students who demonstrated commitment and creativity New Delhi, Delhi, India (NewsVoir) BriBooks, the world’s leading writing and publishing platform for school students, has announced the winners of the Emerging Authors League, the second national competition under its Summer Book Writing Festival (SBWF) 2025.

      The Emerging Authors League recognises students who demonstrated sustained commitment to completing and publishing their books. Unlike contests focused solely on style or language, this league rewards the determination to shape an idea into a finished work and the courage to share it publicly.

      Celebrating India’s Developing Literary Talent The league honours student authors who advanced from first drafts to published books, reflecting both perseverance and creativity. Winners were selected in two categories - Jury Choice, recognising literary quality and originality, and Best-Seller, recognising popular appeal among readers.

      “This league celebrates the discipline and follow-through required to become an author,” said Ami Dror, Founder and President of BriBooks. “These students did not stop at imagining a story. They completed, polished, and published it - an achievement at any age.” Jury Choice Winners • Price of a Second – Navya Khanna • The Breath Left Behind – Arshiya Rajput • THE ALIBI ROOM – Kirandeep S P Chand • Scarlet Flames – Daksh Kant • Echoes Of The Southern Gate – Aharshi Biswas • A deal with shadows – Chiranth Kellengere • THE Lost temple enigma – DHWANI NAIR • The Woods Manor Revelation – Mihira Shukla • THE WHISPERING WOODS – Trisha agrawal • The secret of Golden treasure – Kritika Bhasin • THE LAST HUMAN ! – Veda Tejwani • CAMP WHISPERING PINES – Yashika Solanki • ESSENCE OF BEING LIVING. – NOOR GANDHI • Through My Eyes – Vedika Vikas Patil • The Nature of Destiny – Krishnendu Ganguly • My trip to Nainital – Shivanya Sharma • Power of light – Krishvi Sharma • THE HOLLOW BELOW – Yuvana Jadwani • THE VAULT – Bhavya Babbar • My mom is not a Super hero! – Chethan Nihal Aripaka • The Green Rebellion – Maanveer Juneja • Searching Venu part 1 – Borra Sushanth • The young scientist adventure – Hitakshi Khatri • The whispers of mystery – Dhruvika Mishra • How Marigold came to earth – Srinithya Tadikemalla • HANK'S FAMILY AND THE ISLAND – VIHAAN • WHY CAN'T I GO TO SCHOOL! – ADITI R M • Time Travel Trouble – Avika Jain • Jaipur - in our new car – Mridula Chaudhary • Earth's Last Breath – Nandini Singh • Sariska - The magical journey – Ojaswini Chaturvedi • AI for young readers – Aritra Majee • Echoes of the Hidden Truth – Jiya Kansra • ASHLEY THE ASTRONAUT! – Aarna Raheja • Halloween hijinks – Layeeq Ahmed Shaik • Lost in the Amazon – Shayoli Ghosh • MISSION COURAGE – Myra Mishra • The precious game of cards – Ayantika Pal • The Stray who befriended me – Aria Jaitly • The tale of the silent River – Indraveer Singh • A Dream Come True – Shaaravi Pandey • Harely The Hare – Aarna Gulia • Lights of joy : Diwali night – Lubhavani Sinha • Anya finds the cats – Krishnica Rameshkumar • The Last Leaf of Hope – Tejas kaur • Allen & his powers part-1 – P Sathvika Reddy • The Guardian Of Singapura – Durga Rajasingam • The Holi Party – Veda Tejender Dudeja • The Message – Pranshi Sharma • Craft of courage – Sarah Singh Best-Seller Winners • Beti Padhao – Kshipra Moreker • Present, Sir Absent, Sir – ROSHAN SURESH INGOLE • Kingdom of Checkmate – Shrishti Sharma • Joint Family god's gift – Irleen Kaur • Wrath Of Dragons – Shaarav Rathi • The Brooklyn Show – SparshND • Detective Minds at Work – Anika Shukla • Vasudhaiva Kutumbakam – Kshipra Moreker • Charred futures silent scream – Kshipra Moreker • Tribal Science – Kshipra Moreker • The Lost Forest of Vrindavan – Kavya Agarwal • Pink Punk Heart – Anamaya Arora • Advik and Friends Save Sangam – Ariv Agarwal • Her venture to space – Aditree Pal • Colours of India – Akshita Kaligotla • Goddess of Luck – Kyra tayal • the Secret Planet Zooba – Sanidhya Verma • Time Swap:Centuries Reimagine – Shrejal Singh • The Lost Treasure of Atlantis – Vihaan Gupta • Magical Forest Talent Show – Naisha Chaursiya • The secret diary – Shreyash Maheshwari • A Mystery Of Easy Qultu – Darsh Bhalothia • Green plants – Maitryi Agarwal • Sugar, Swirls & Surprises – Kyra Mehta • Cody From Lost To Loved – Ikeshita Chakraborty • Wake up to be Extr'ordinary' – Mitravinda Javvadi • THE WISHING STAR – MISHIKA SINGH • NO MAN'S LAND – Jashandeep Singh • Lia and the bicycle race – Aanya Rajpura • THE SECRET OF BLIZZARD ISLAND – ANSH AGRAWAL • THE ADVENTURE IN GIR – Alakhya Ashmi Singh • A sense of lightness – Samarth Mayur • The forest that remembers – Naisa Singh • The Animals Odyssey – Prahaan Chaudhari • A Halloween to Remember – Nivriti Katyal • The Lost – Aparna Jha • TIM'S ADVENTURE PART 1 – PRANAY PATNAIK HOTA • Moments in time – Ishika chhabra • XENO- ONE – Rhythm Sharma • life's lesson – Tanishka Soni • Forever in my heart – Viyaan Assudani • No Jewels, Just Genius – Sthavir Garg • Ram And The Run For Courage – Pratigyaveer • How The Tiger Got Its Name! – Aarna Kapoor • Magic Puzzles – Prarthana Valecha • Adventures of Rocky and Meena – Kaushiki Goyal • Timeless threads – Aria Karn • NIGHT DREAMERS – Samarvir choudhary • The Journey to another Planet – KAIRA MATHUR • Operation Green Hearts – Nivaan Haluvaagilu A Continuing Celebration of Student Authorship The Emerging Authors League is the second of three leagues in the Summer Book Writing Festival 2025, an initiative designed to encourage creative writing and publishing among school students. Participation is expected to exceed 1 million students across the country this year.

      Winning students and schools will also be considered for the prestigious Literary Leadership Awards, with top authors receiving national recognition through media features, jury selections, and special showcases.

      About BriBooks BriBooks is the world’s largest student publishing platform, dedicated to helping children become published authors. Thousands of Indian students have published their books through BriBooks, gaining recognition as emerging voices in literature.

      (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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