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    LPG subsidy: Aadhaar biometric authentication mandatory for subsidised refills from Oct 1
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September 19, 2026
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Biometric Aadhaar authentication becomes essential for domestic LPG consumers seeking regulated subsidised refill bookings, while market-price supply remains available.
Biometric Aadhaar authentication is required from October 1 for domestic LPG consumers to book subsidised refills at the regulated retail selling price. Authentication can be completed through delivery personnel, distributor showrooms or designated mobile applications. Consumers unwilling or unable to authenticate may obtain LPG at the applicable market price without subsidy after registering their choice through specified digital channels. The framework distinguishes subsidised LPG linked to Aadhaar-authenticated consumers from market-priced LPG and seeks targeted subsidy delivery, reduced leakage, and prevention of diversion, duplicate connections and ineligible access.
September 19, 2026
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Cooperative bank director tenure limits require disqualification and removal when service exceeds the statutory maximum period.
Directors of District Central Cooperative Banks and Central Cooperative Banks are subject to a maximum 10-year tenure under the Banking Regulation Act, 1949, as amended by the Banking Laws (Amendment) Act, 2025. RBI directed removal of a director ineligible to continue under section 10A(2A)(i), read with section 56, following concerns that directors of Latur District Central Cooperative Bank had exceeded the permitted tenure.
September 19, 2026
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Tariff treatment of Indian exports shifted from reciprocal duties to targeted trade measures, sectoral duties, and specified exemptions.
Upon expiry of the temporary global measure, an India-targeted 10 per cent Section 301 tariff, linked to forced-labour concerns, replaced it; the effective charge for most covered exports remained MFN duty plus 10 per cent. The current regime applies the Section 301 tariff to Indian exports except specified goods, with separate sectoral duties on steel, aluminium and auto components. Smartphones, medicines and energy products are exempt.
September 19, 2026
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PMLA-based FIR request over alleged consultancy payments remains under legal examination amid criticism of non-registration.
Enforcement Directorate sought registration of an FIR concerning alleged fraudulent payments by Cochin Minerals and Rutile Ltd to Exalogic Solutions, represented as IT consultancy fees. The request relied on evidence gathered through investigation and searches under the Prevention of Money Laundering Act. Registration remained under consideration after receipt of the Advocate General's legal opinion, with the Home Department examining the matter.
September 19, 2026
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Free trade agreements expand market access, entrepreneurial partnerships and youth career opportunities alongside public-sector recruitment and development participation.
Free Trade Agreements are presented as mechanisms for expanding cross-border partnerships, market access for entrepreneurs, and career opportunities for young persons. Youth employment is also linked to the expansion of the startup ecosystem beyond major cities and to public-sector recruitment through Rozgar Melas. Newly selected candidates are to join central government ministries, departments and organisations. Public service is framed around citizen-centred administration and decisions supporting a developed and self-reliant India.
September 19, 2026
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AI governance for regulated financial services enables natural-language automation while preserving enterprise security, auditability, control, and scalable deployment.
Assist-Edge enables teams to describe intended processes in natural language and use AI to create, modify, and enhance executable workflows. Working with reusable AI agents and workflows, it supports discovery, customisation, deployment, and scaling of enterprise automation. For banking, financial services, and insurance operations, its use is positioned alongside security, governance, auditability, and control, supporting governed adoption of scalable AI capabilities and movement from isolated experimentation to enterprise-wide intelligent automation.
September 19, 2026
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Recurring token reward distributions connect eligible holdings, platform activity, and partner participation through hourly settlement cycles.
BC Engine permits eligible $BC holdings to participate in hourly settlement rounds distributing BCD rewards. Participants can monitor active balances, cumulative rewards, unclaimed BCD, and settlement history through the Engine interface. Settlement amounts vary with ecosystem activity, while the mechanism links platform activity, token utility, user participation, and commercial partners through repeated value distribution rather than one-time promotional incentives.
September 19, 2026
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Asset monetisation of surplus public land and buildings is accelerated through transparent, value-oriented processes and stakeholder coordination.
NLMC's Board recommended monetisation proposals involving surplus land and building assets valued at over Rs. 5,000 crore. Monetisation is facilitated through asset identification, due diligence, valuation and appropriate process structuring, with emphasis on transparency, efficiency and value realisation. Sustained coordination with asset-owning entities is intended to expedite implementation and support timely, commercially appropriate monetisation of underutilised public assets.
September 19, 2026
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Zero forex markup on credit cards applies automatically to international transactions without conditions while preserving applicable rewards.
Zero Forex Markup applies automatically to international transactions made through all existing and new credit cards, without a new-card application, upgrade, spending threshold or other stated condition. International card spends do not attract forex markup charges. Reward Points or Cashback, where applicable to the relevant card, continue on international transactions. Existing credit cards may be used for overseas and cross-border payments without requiring a separate forex card solely to avoid such charges.
September 18, 2026
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Foreign exchange reserve valuation reflects currency movements as foreign currency assets and gold holdings decline.
India's foreign exchange reserves declined to USD 780.782 billion for the week ended September 11, driven by reductions in foreign currency assets and gold holdings. Foreign currency assets fell to USD 645.796 billion, with their dollar value reflecting movements in reserve currencies against the US dollar. Gold reserves also declined, while Special Drawing Rights increased to USD 18.845 billion. The reserve position with the IMF stood at USD 4.916 billion.
September 18, 2026
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Bulk sugar stockholding limits now allow expanded inventories only where additional supplies derive from designated import channels.
Bulk sugar consumers using more than 10 tonnes monthly as a raw material may hold up to 30 days' requirement instead of 15 days. Holdings above 15 days must consist exclusively of sugar imported under the Tariff Rate Quota or Advance Authorisation Scheme; sugar obtained from the open market remains restricted to 15 days' consumption. Bulk consumers must declare and disclose their sugar inventories every Friday through the food ministry's online portal.
September 18, 2026
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Trade facilitation and digitalisation support regional economic cooperation through simpler customs procedures, paperless exchange, resilient supply chains, and MSME access.
Priority measures included expanded intra-SCO trade, lower trade costs, resilient and diversified supply chains, trusted multimodal connectivity, greater market access, simplified customs processes, paperless trade and electronic document exchange. Digital and cross-border payments and accessible trade finance were identified to enable MSMEs and start-ups to participate in trade and value chains. Ministers agreed an Action Plan for 2026-2030 for further approval and approved regulations for a special working group on creative-economy development.
September 18, 2026
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Customs cooperation and trade facilitation advance electronic origin verification, pre-arrival information exchange, and safeguards against preferential trade misuse.
Customs cooperation and trade facilitation measures included pre-arrival information exchange, electronic verification of Certificates of Origin, and Customs automation and digitalisation. These measures are directed at facilitating legitimate trade while ensuring compliance with applicable rules and preventing misuse of preferential trade arrangements. Rail and road connectivity, freight movement, Integrated Check Posts and land-port infrastructure were reviewed to improve infrastructure utilisation and address operational bottlenecks affecting bilateral and transit trade.
September 18, 2026
Show AI Summary
Preferential equity issuance approved to strengthen capital, support digital lending expansion, and fund subsidiary operations subject to required approvals.
OnEMI Technology Solutions Limited has approved a preferential issue of equity shares to identified investors, subject to shareholder and requisite regulatory and statutory approvals. The issuance is proposed under the Companies Act, 2013, the SEBI capital-issue and disclosure framework, other applicable SEBI regulations, and applicable law. Seventy-five per cent of the additional capital raised is proposed for infusion into its wholly owned subsidiary to support lending, technology, digital capabilities and product expansion, while the remaining twenty-five per cent is proposed for general corporate purposes.
September 18, 2026
Show AI Summary
Fraudulent input tax credit claims through bogus invoices prompted arrest over alleged invoicing without actual supply of goods.
Alleged fraudulent availment, utilisation and passing on of inadmissible input tax credit involved invoices from purported suppliers found to be non-existent, non-functional, suspended or cancelled. Input tax credit was allegedly claimed without actual receipt of goods and passed on through invoices unsupported by corresponding supplies. Following investigation and recorded statements, the proprietor of an iron and steel trading firm was arrested under statutory arrest powers, while further investigation remains in progress.
September 18, 2026
Show AI Summary
Direct tax collections: stronger advance tax payments support growth in corporate, non-corporate, and securities transaction tax receipts.
Direct tax collections grew through September 17, supported principally by increased advance tax payments from corporate and non-corporate taxpayers. Gross collections exceeded Rs 14.32 lakh crore, while net collections, after refunds, exceeded Rs 12.12 lakh crore. Corporate tax collections grew more strongly than non-corporate tax collections, and Securities Transactions Tax receipts recorded significant growth. The trend indicated broad-based tax buoyancy, supported by underlying economic activity, taxpayer confidence and business performance.
September 18, 2026
Show AI Summary
Reusable consent-based KYC enables integrated onboarding, reporting, record updates and periodic re-verification for regulated financial institutions.
Central KYC-based onboarding enables regulated financial institutions to reuse a customer's existing verified identity record through the Central KYC Registry with customer consent. The integrated solution supports onboarding, KYC reporting, unsolicited notifications and re-KYC. It retrieves consented KYC records through CKYC APIs, uses facial matching or video-based customer identification for authentication, and applies AI-based duplicate detection. Reporting automates validation, image correction and real-time registry submission, while record updates and simplified periodic re-verification support the currency of institutional KYC information.
September 18, 2026
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Benchmark interest rate normalisation raises borrowing costs while monetary policy monitors inflation, wage growth, currency risks, and economic recovery.
The Bank of Japan increased the uncollateralised overnight call rate from 1.0 per cent to 1.25 per cent, advancing monetary-policy normalisation after a prolonged period of near-zero or negative rates. The increase was assessed against gradual economic recovery, inflation near its target, wage growth, currency fluctuations, elevated crude oil prices, and external risks. Further tightening remains contingent on stable price increases, wage developments, and monitoring of other risks.
September 18, 2026
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Direct tax collections reflect stronger advance tax payments, alongside increased corporate tax, securities transaction tax, and refund issuance.
Net direct-tax collections exceeded Rs 12.12 lakh crore through 17 September, reflecting 13 per cent growth following increased advance-tax receipts. Gross direct-tax collections exceeded Rs 14.32 lakh crore, while refunds exceeded Rs 2.20 lakh crore. Corporate-tax and non-corporate tax collections increased, as did Securities Transaction Tax collections. Advance-tax receipts exceeded Rs 5.22 lakh crore, comprising increased corporate advance tax and non-corporate advance tax payments.
September 18, 2026
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Upper-layer NBFC listing compliance sharpens corporate governance conflict over public accountability, shareholder liquidity, and preservation of private ownership.
Tata Sons' status as an upper-layer non-banking financial company has brought its proposed public listing into focus after the Reserve Bank of India rejected its application to voluntarily surrender core investment company registration. Tata Sons is required to take steps to comply with the enhanced regulatory framework applicable to upper-layer NBFCs, which includes stock-market listing. Classified in 2022, Tata Sons did not meet the original listing deadline and had pursued deregistration after repaying debt.

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NORWEGIAN CRUISE LINE® UNVEILS NEARLY 500 VOYAGES WORLDWIDE DURING PEAK 2027 TRAVEL SEASON

July 28, 2025

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NCL to deploy eight ships in Europe including Norwegian Prima and Norwegian Viva, with 10 embarkation ports, multiple overnight stays & late night departures. With an Expanded Focus on Seven-Day Voyages and Weekend Departures, NCL Delivers Guests MORE Opportunities and Easy Access to Explore the World.

MUMBAI (28 July 2025) - Norwegian Cruise Line (NCL), the innovator in global cruise travel with a 58-year history of breaking boundaries, has revealed its Northern Hemisphere spring/summer 2027 deployment – allowing travellers to get ahead on planning their ideal holiday. The season features nearly 500 individual voyages across 20 ships, departing from nearly 30 of the world’s top homeports, including Rome (Civitavecchia), Italy; Southampton, England; Helsinki, Finland; Istanbul, Turkey; Copenhagen, Denmark and Reykjavik, Iceland.

From April through October 2027, NCL’s spectacular fleet of ships will call to over 150 unique ports across 59 countries delivering immersive itineraries with MORE time in port, including over 170 overnight stays in the most sought-after destinations such as Istanbul, Turkey; Reykjavik, Iceland; and Copenhagen, Denmark. Whether planning a quick escape or longer adventure, the newly opened deployment delivers MORE opportunities for guests to make the most out of the prime travel season.

“With our most expansive deployment yet, we’re giving Indian guests even more ways to explore the world—with itineraries now open from 2025 through 2027,” said Ben Angell, Vice President and Managing Director of NCL APAC. “From more ways to enjoy an exhilarating Alaska holiday to more seven-day Mediterranean and Northern Europe sailings we’re delivering more of what matters to our guests: longer port stays, more overnight calls, more value and greater flexibility to create the perfect cruise holiday.” “We’re proud to be the cruise line of choice for travelers who want MORE out of their vacation – MORE freedom, MORE destinations and MORE unforgettable experiences,” said David J. Herrera, president of Norwegian Cruise Line. “Our spring and summer 2027 deployment clearly brings our promise to life, offering something for everyone. Whether guests are hopping between European cities nearly every day, taking in Alaska’s natural beauty from ships custom-built to bring the outdoors in, or kicking back on the beach with family and friends at one of our two resort-style destinations, there’s no shortage of ways to relax, explore, and create unforgettable memories.” Itinerary highlights from NCL’s Northern Hemisphere spring/summer 2027 deployment include: EXPLORE EUROPE WITH MORE SEVEN-DAY VOYAGES, OVERNIGHTS & LATE DEPARTURES NCL will deploy eight ships, including some of the brand’s newest and recently renovated vessels, across Europe. Offering mostly seven-day itineraries that begin and end on weekends, guests have the option to sail from 10 popular embarkation ports, including Barcelona, Spain; Rome (Civitavecchia), Italy; Athens (Piraeus), Greece; and Reykjavik, Iceland. These port-intensive voyages spend over 90% of their time in port with an average stay of nearly 11 hours and feature multiple overnight stays in cities like Istanbul, Turkey; Copenhagen, Denmark; and Hamburg, Germany, as well as late-night departures from favourites like Santorini, Greece; Dubrovnik, Croatia; and Ibiza, Spain, giving guests MORE time to explore Europe’s most captivating destinations.

In spring/summer 2027, Norwegian Prima® and Norwegian Viva® will return to European waters offering a variety of nine-to-11-day voyages across the continent. Norwegian Viva will sail the Western Mediterranean and Greek Isles itineraries from June through October from four different homeports: Istanbul, Turkey; Barcelona, Spain; Rome (Civitavecchia) and Ravenna (Venice), Italy. Meanwhile, Norwegian Prima will offer Mediterranean voyages, featuring maiden calls to Dubrovnik and Split, Croatia and Kotor, Montenegro. For the majority of the summer, she will make her return to Northern Europe to operate guest-favorite open-jaw voyages to Iceland and Norway, departing from Southampton, England, and Reykjavik, Iceland. In September and October 2027, Norwegian Prima will close out her Europe season with three Baltic open-jaw sailings, which will also mark her inaugural turnaround in Helsinki, Finland and her maiden call in Riga, Latvia.

In addition to its newer and larger ships, NCL strategically deploys its mid-size ships to the region to deliver more intimate, destination-focused voyages allowing guests to explore must-see and lesser-known ports with ease. Aboard Norwegian Sun®, travellers can sail seven-day, port-intensive Mediterranean itineraries with no sea days between May and August 2027 departing for the first time from Rome (Civitavecchia) and Venice (Ravenna), Italy. These open-jaw sailings include maiden calls to historic bucket list ports including Corfu, Greece. Moreover, Norwegian Jewel® will return to Europe for a full season for the first time in over a decade, offering seven- and nine-day Baltic voyages between Copenhagen, Denmark and Helsinki featuring first-time visits to Klaipeda, Lithuania; Riga, Latvia; and Gdynia, Poland - ideal for guests seeking to dive into cities that boast Medieval architecture and history as well as modern art, design and culture in Northern Europe.

Rounding out the season, Norwegian Epic® will offer NCL’s ever-popular seven-day Western Mediterranean voyages from Barcelona, Spain and Rome (Civitavecchia), Italy from May through October 2027, providing travellers the opportunity to explore each destination pre- or post-cruise for an extended vacation. Norwegian Dawn® will also offer scenic open-jaw sailings from May through October 2027 between Barcelona, Spain and Lisbon, Portugal, providing even more ways to experience the best of Southern Europe by sea.

MORE WAYS TO ENJOY ALASKA ABOARD SHIPS CUSTOM-BUILT FOR THE GREAT OUTDOORS With the global rise of “coolcations,” holidays to cooler climates, Alaska is the prime destination to experience an exhilarating holiday. Commencing in late April, NCL’s Alaska season sets sail from Seattle; Whittier, Alaska and Vancouver, British Columbia aboard Norwegian Encore®, Norwegian Bliss® and Norwegian Joy®, each of which were custom-built for the destination with expansive outdoor and indoor spaces to marvel at the natural beauty, rugged landscapes, and the area’s rich wildlife as well as Norwegian Jade, Norwegian Encore, Norwegian Bliss and Norwegian Joy will sail seven-day voyages departing each Friday, Saturday and Sunday from Seattle’s Pier 66. Furthermore, Norwegian Joy will offer longer and more immersive nine- and 10-day voyages from mid-May to mid-June as well as end of August to end of September.

Beginning 10 May 2027 through 20 Sept. 2027, Norwegian Jade® will cruise a series of seven-day open-jaw sailings between Vancouver, British Columbia and Whittier, Alaska and feature iconic scenic cruising along Hubbard Glacier or Glacier Bay on each voyage. Guests aiming to immerse themselves even more in the “Last Frontier” can add an NCL Cruisetour to their reservation and explore the majestic Denali National Park, take a scenic ride on the historic tracks of the Alaska Railroad or fish halibut and salmon in the cold waters of Kachemak Bay.

GUEST FAVOURITE NORWEGIAN SPIRIT TO OFFER EXTENDED SOUTH PACIFIC SEASON Following her 2026/2027 summer season in Australia and New Zealand, Norwegian Spirit® will remain in the Pacific through December 2027, offering a diverse range of open-jaw voyages across Australia, New Zealand, South Pacific, Hawaii and Alaska. The ship will homeport in Sydney, Australia; Lautoka, Fiji; Papeete, French Polynesia and Honolulu, and sailing a total of 11 immersive itineraries across the region.

Norwegian Spirit will offer an expansive South Pacific season with a choice of 11- to 13-day voyages, calling to exotic destinations such as New Caledonia, Fiji, the Samoan Islands, French Polynesia, and the Cook Islands.

MORE SHORT ESCAPES AND ISLAND-FILLED ADVENTURES WITH THREE- TO 11-DAY CRUISES TO THE CARIBBEAN, BAHAMAS & BERMUDA A standout feature of NCL’s Caribbean and Bahamas itineraries is a visit to the company’s private island destinations Great Stirrup Cay, the cruise line’s top-rated port in the Bahamas, and Harvest Caye in Belize. Both islands are featured on nearly every voyage during the spring/summer 2027 season. These destinations deliver a picture-perfect beach experience, complete with pristine shores and turquoise waters, while offering guests even MORE ways to create lasting memories through unique shore excursions and curated island offerings. Beginning in late 2025, Great Stirrup Cay will debut a series of enhancements designed to elevate the guest experience, including a new multi-ship pier that ensures guaranteed access to the island; a convenient tram service for ease; an oversized heated pool perfect for relaxing under the sun; as well as the extension of popular onboard experiences ashore, such as an adult-only retreat with private cabanas, and Horizon Park, a family-friendly recreation area with lawn games and gathering spaces.

These updates to NCL’s private island come as it’s expanding its Caribbean and Bahamas deployment for the spring/summer 2027 season. Guests will have eight ships to choose from including some of the Company’s newest, Norwegian AquaTM and Norwegian Viva®, as well as easy access with embarkation ports across Florida.

Another popular island destination best enjoyed during the spring and summer is Bermuda, with voyages departing from Philadelphia, New York City, and Boston. In 2027, three NCL ships will sail to Bermuda as part of the cruise line’s seven-month season, including Norwegian Breakaway®, Norwegian Pearl® and to-soon-be the Company’s newest ship – Norwegian Luna®. Running from April through October, guests will have MORE opportunities than ever to experience the island’s pink sand beaches, historical sites and lush green golf courses through overnights at the Royal Naval Dockyard on each sailing.

Moreover, both Norwegian Breakaway and Norwegian Pearl will sail Canada & New England itineraries from 29 Aug 2027 to 17 Oct. 2027 calling to the most picturesque ports, including Charlottetown, Canada and Quebec City. Onboard these voyages, guests can savor the picturesque scenery of the Northeast tinted with the changing fall foliage, feast on fresh, local seafood delicacies and enjoy wine tastings at regional wineries and estates.

In addition to the newly opened 2027 deployment, NCL cruises to nearly 350 destinations worldwide giving guests the chance to plan and book their upcoming cruise vacation well in advance.

For guests looking to elevate their cruise experience, NCL’s More At Sea™ is a must. Available across the whole fleet, this all-in-one offering delivers incredible value and includes unlimited premium beverages with brands such as Casamigos Tequila, Woodford Reserve, and Grey Goose Vodka; specialty dining package; high-speed Wi-Fi minutes; and US$50 shore excursion credits at every port.

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

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