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    Trump used to slam China. Here's why he's now rolling out the red carpet for Xi
    RBI orders removal of Maharashtra minister Babasaheb Patil, 7 others as directors of Latur DCC Bank
    LPG subsidy: Aadhaar biometric authentication mandatory for subsidised refills from Oct 1
    RBI orders removal of Maharashtra minister Babasaheb Patil, 7 others as directors of Latur DCC Bank
    US tariffs on Indian goods: A Chronology
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September 20, 2026
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Tariff policy and trade truce reshape bilateral engagement as rare-earth leverage limits coercive economic measures.
United States-China trade relations are being conducted through continued tariff policy, prior export restrictions, and a trade truce after escalating tariffs did not achieve their intended effect of changing Chinese economic conduct. China's concentrated supply of rare-earth inputs used in electronics provided negotiating leverage and contributed to the trade armistice. Indications that Chinese goods are routed through third countries to lessen tariff exposure qualify the decline in the bilateral goods imbalance. Continued tariffs have not constrained China's manufacturing expansion or its access to export markets.
September 20, 2026
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Ten-year director tenure cap governs removal of ineligible cooperative bank board members after regulatory review.
RBI required Latur District Central Cooperative Bank to remove directors considered ineligible for exceeding the ten-year maximum tenure applicable to district central cooperative bank directors. The action invoked director ineligibility under the Banking Regulation Act. Following a complaint and a court-directed timeline for regulatory action, RBI sought responses from the concerned directors, seven of whom resigned. An issue was raised over whether the tenure cap could apply retrospectively to appointments made before its stated commencement and whether it was being applied uniformly.
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
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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
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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
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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
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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.

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Crypto Wallet Development Gets Smarter: Nadcab Labs Introduces AI-Powered Wallets for the Blockchain Generation

August 9, 2025

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NEW DELHI, Aug. 9, 2025 /PRNewswire/ -- In a bold leap toward the future of decentralized finance and user autonomy, the next generation of crypto wallet development is being revolutionized by Artificial Intelligence (AI). As Web3 continues to reshape the internet, and with the emergence of Web5 on the horizon, the demand for smarter, more secure, and intuitive wallets has skyrocketed. Nadcab Labs, a leading innovator in blockchain and Web3 solutions, is at the forefront of this transformation. By integrating advanced AI capabilities into crypto wallet development, Nadcab Labs is helping redefine what wallets can do, elevating them from simple digital storage tools to intelligent financial assistants that understand user behaviour, predict needs, and enhance security in real time. With a commitment to user autonomy, seamless UX, and future-ready technology, Nadcab Labs is not just keeping pace with the evolution of the decentralized internet; they're shaping it. This breakthrough in wallet design signifies a new era, where crypto wallets are no longer just static tools for holding digital assets, but dynamic interfaces that interact with users, adapt to behavior patterns, provide risk alerts, and even automate transactions securely. The Rise of AI in Crypto Wallets AI-powered crypto wallets are emerging as a cornerstone in the evolution of decentralized technologies. These wallets leverage machine learning, behavioural analytics, and predictive algorithms to enhance user experiences and strengthen security. Features like smart transaction recommendations, automated gas fee optimization, risk-level detection, fraud alerts, and even sentiment-based portfolio management are no longer theoretical; they're actively being implemented. "AI is bridging the gap between user convenience and blockchain complexity," says Aman Vaths, Founder of Nadcab Labs. "We're witnessing a fundamental shift where wallets can think, predict, and act, not just store." This evolution is particularly impactful for Web3 newcomers who may find traditional wallet interfaces confusing. AI streamlines onboarding, provides real-time guidance, and ensures that wallet management becomes intuitive for everyone, regardless of their technical proficiency. Smarter Security for a Smarter Wallet Security remains the single most critical aspect of any crypto wallet. With the increasing sophistication of cyberattacks, traditional static security measures are no longer sufficient. AI-powered wallets change the game by introducing adaptive security protocols that learn from user behaviour and flag anomalies in real time. These wallets employ behavioural biometrics, multi-layered authentication, and AI-based intrusion detection systems. Suspicious logins, sudden changes in transaction behaviour, or unauthorized device access can trigger automated lockdowns or alerts. The AI engine continuously adapts, ensuring that the wallet is always one step ahead of threats. By integrating predictive analytics, these wallets can also anticipate potential vulnerabilities, proactively recommending actions or updates before issues arise. For institutional users and DeFi enthusiasts alike, this level of security is no longer optional; it's essential. From Storage to Strategy: The Role of AI in Portfolio Management Beyond security, AI-powered wallets are reshaping how users interact with their crypto assets. Through real-time data analysis, these wallets now assist users in making smarter decisions. By tracking market movements, personal spending habits, token performance, and even news sentiment, the wallet can offer investment suggestions, rebalancing strategies, and alert users to trending tokens or potential risks. Some of these wallets feature in-built robo-advisors for decentralized finance, helping users engage with staking, farming, and yield-generating protocols without having to manually manage every step. This makes DeFi crypto wallet development significantly more engaging, accessible, and intelligent. Moreover, these features aren't limited to tech-savvy traders. Everyday users benefit from AI's ability to explain complex data in simple terms. Users can imagine receiving a notification like, "Based on your past transactions and current gas prices, now is the optimal time to move ETH," or "This NFT project you're eyeing has had a 35% spike in social sentiment over 24 hours. Want to explore further?" One Wallet, Many Chains: AI Meets Multi-Currency Management As the number of digital assets and blockchain networks grows, the demand for seamless multi-chain management becomes crucial. AI-powered wallets are being designed to support effortless interoperability. A user holding ETH, BNB, MATIC, AVAX, and SOL in the same wallet can now receive cross-chain insights, bridge recommendations, and consolidated portfolio tracking in one unified interface. This is where the capabilities of a leading multi-cryptocurrency wallet development company shine, delivering AI-enhanced solutions that adapt to the rapidly expanding multiverse of blockchain networks. Instead of requiring users to juggle multiple apps or platforms, the smart wallet becomes the all-in-one dashboard of the blockchain world. AI algorithms ensure that token swaps are optimized, transaction routes are shortest and cheapest, and wallet balances across chains remain in sync. Adding to this the ability to auto-detect new airdrops, staking opportunities, or liquidity mining protocols results in an ecosystem that continuously works in favor of the user. A New Frontier for Web3 Wallet Development The integration of AI is especially impactful for projects offering wallet solutions under the Web3 wallet development company umbrella. These wallets aren't just about asset storage; they're identity wallets, governance wallets, access tokens to dApps, and tools for permissionless innovation. By merging AI and Web3 principles, developers are delivering personalized and adaptive experiences. These wallets can now guide users in participating in DAOs, assist in voting processes, alert them to governance proposals they care about, or recommend dApps based on usage behavior and trust scores. For example, if a user frequently interacts with NFT marketplaces and DeFi platforms, the wallet can highlight upcoming governance votes or exclusive community drops tailored to that behavior. AI models trained on decentralized identity (DID) data are also powering self-sovereign identity wallets that ensure privacy without sacrificing verification. White-Label AI Wallet Solutions for Startups Much like how white-label exchanges have democratized entry into the crypto trading market, white-label wallet solutions infused with AI are opening the doors for startups and enterprises looking to deliver next-gen crypto experiences without reinventing the wheel. These white-label solutions allow customization of features, design, and integrations while maintaining the robust AI-driven engine under the hood. With pre-built modules for biometric security, DeFi integrations, NFT galleries, and AI-powered financial analytics, time-to-market is significantly reduced. Companies can now launch with a feature set that rivals leading global wallets, offering competitive user experiences, without needing an in-house AI or blockchain team. The rise of white-label smart wallet ecosystems is ushering in a new wave of crypto accessibility, especially for businesses in emerging economies or industries beyond finance, such as gaming, healthcare, and content creation. The Road Ahead The future of crypto wallets is unmistakably AI-driven. While challenges around user trust, data privacy, and decentralization persist, innovators are actively exploring decentralized AI models and federated learning to keep user data private while still delivering intelligent services. With increasing user expectations, shifting regulatory landscapes, and rapid blockchain innovation, AI-powered wallets stand at the convergence of convenience, security, and intelligence. This is more than a trend; it's the foundation of a smarter blockchain ecosystem. In this era of hyperconnectivity and decentralization, smart wallets are not just evolving, they're becoming indispensable. The convergence of AI with crypto wallets is reshaping how users hold, move, and interact with value on the internet. For businesses and startups looking to lead in this new era, partnering with a forward-thinking crypto wallet development company becomes not just a strategic move but a necessary one. As blockchain redefines the financial future, AI ensures that wallets don't just keep up, but lead the way. To learn more about building intelligent, secure, and scalable crypto wallets or to explore white-label AI wallet solutions, visit www.nadcab.com. Media Contact Enjilla Marketing Executive, Nadcab Labs Email: [email protected] Phone: +91 7880936432 Follow Nadcab Labs Facebook: https://www.facebook.com/nadcablabs Twitter: https://twitter.com/nadcablabs LinkedIn: https://www.linkedin.com/company/nadcablabs Instagram: https://www.instagram.com/nadcablabs YouTube: https://www.youtube.com/@nadcablabsofficial Logo: https://mma.prnewswire.com/media/2595209/5447785/Nadcab_Labs_Logo.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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