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    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
    Graft case: Kerl BJP chief alleges 'fixed match' between Congress, CPM
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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
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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.
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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Hyderabad Set to Become India’s Design Capital: Design Democracy 2025 Brings 120+ Luxury Brands, 80+ Speakers, and 4 Cultural Showstoppers

August 12, 2025

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Hyderabad (Telangana) [India], August 12: Design Democracy 2025, India’s leading stage for design, craft, and future thinking, will take place from 5–7 September at the HITEX Exhibition Centre, Hyderabad, bringing together over 120 leading brands, 80+ influential speakers, and an estimated 15,000+ visitors across three days of exhibitions, talks, installations, and curated experiences. With a sharp focus on the future of Indian design, the festival will transform Hyderabad into the country’s creative epicenter, uniting professionals across architecture, interiors, product design, art, and visual culture. A Panoramic Showcase of Indian Design Excellence Design Democracy 2025 returns with a bold vision: to champion India’s evolving design identity on a global platform. The upcoming edition presents an expansive, cross-disciplinary showcase that spans furniture, lighting, flooring, home furnishings, kitchen & bath, décor accessories, and fine art, a celebration of innovation rooted in craft, culture, and storytelling. With an emphasis on immersive storytelling, the festival introduces three distinct pavilions: Atelier, Canvas, and Muse, each a sensorial experience that dissolves the boundaries between craft, design, art, and culture. Participating names include Jaipur Rugs, The Charcoal Project, FAZO Project, Shailesh Rajput, AKFD + Anantaya, Within, Ravish Vohra Homes, Ek Kalakaar, and AMH Singapore, among others, each contributing to a larger narrative of India’s creative future. “Hyderabad’s growth, both economic and architectural, makes it the ideal home for a contemporary design forum.” — Shailja Patwari, Co-Founder “Design is the silent language of beauty. It lifts a place beyond function, into feeling.” — Pallika Sreewastav, Co-Founder “Design Democracy is a platform created to engage with the design community through showcases, conversations, and collaborations. It is about building connections, between creators, users, and the larger ecosystem.” — Arjun Rathi, Co-Founder & Curator DD Talks: India’s Most Impactful Design Dialogue Platform Taking place on September 5 & 6, DD Talks will host two days of dynamic talks, panels, and keynotes, with over 80 speakers addressing the urgent and inspirational themes shaping India’s design future, from climate resilience and circular economies to cultural storytelling and spatial equity. Expect powerful exchanges on sustainability, craft, innovation, and public space, led by visionaries like Reza Kabul, Pavitra Rajaram, Sussanne Khan, Supraja Rao, Chitra Vishwanath, Samuel Barclay, Akshat Bhatt, and others. More than a conversation, DD Talks is where ideas meet action and design meets purpose. DD Focus: On-the-Floor Dialogues with India’s Design Vanguard DD Focus returns with its in-booth dialogues hosted directly within exhibitor spaces. These informal yet sharp exchanges bring to light behind-the-scenes stories, studio cultures, and material experiments, offering visitors authentic glimpses into the processes shaping the future of Indian design. Confirmed participants include Gowri Adappa, Swanzal Kak Kapoor, Kalyani Chawla, Ali Baldiwala, Sona Reddy, and many more. The Big Reveal: 4 Cultural Showstoppers You’ll Only See at DD 2025 At the heart of Design Democracy 2025 lies a quartet of exhibitions that explore the evolving language of Indian design through materiality, memory, and imagination. These showcases go beyond aesthetics, they invite reflection, provoke questions, and reframe what design can mean in today’s India. Museum of Telangana (MOT) Curated by Supraja Rao (Design House) Now in its third edition, this much-loved showcase returns with Stone and Shade, a poetic exploration of architecture rooted in India’s climate. Designers are challenged to reimagine shelter using stone, wood, and plant life, asking: Can a tree be a roof? Can architecture breathe? Gallery of Sustainability Co - Curated by Abin Chaudhuri & Snehashri Nandi (Abin Design Studio) This thoughtful, future-facing exhibition brings together conscious design practices from across India. Through objects, spaces, and installations, it reflects on not just how we build, but why, exploring the designer’s role in shaping an ethical and resilient future. Precious Objects Curated by Farah Ahmed (FADD Studio) In its debut edition, this intimate and immersive gallery celebrates objects that are not only beautiful but meaningful. Each piece tells a story of craftsmanship, emotion, and intention, inviting visitors to slow down, reflect, and connect with the quiet luxury of everyday things. FLOW Curated by Nuru Karim (Nudes) More than an installation, this site-wide spatial intervention reimagines movement, pause, and transition within the exhibition itself. Blending structure with story, Nuru’s work invites visitors to experience space as a living narrative, where rhythm becomes architecture. Beyond the Booths: A Multi-Sensory Journey Through Art, Light & Flavor At Design Democracy 2025, the experience doesn’t stop at the design showcases, it spills into the walkways, walls, and even your plate. This year’s edition transforms the venue into a living canvas, with immersive public installations by Artcafe, Krsna Mehta, Leidenschaft, RM Homes, House of Katachi, Arjun Rathi Design, Cult of Collectibles, Padamkamal Bali Works, The Lune Living, Alfiya, and Varun Goyal, turning every corner into a moment of visual storytelling. And just when you think you’ve seen it all, the Gourmet Zone invites you to taste design in action. Curated to celebrate Hyderabad’s rich culinary culture, expect experiential cafés, concept kitchens, and craft bars by the city’s most inventive culinary voices, making this a true feast for all the senses. Powered by India’s Design Powerhouses Design Democracy 2025 is backed by the country’s leading design visionaries. The Charcoal Project leads as Title Sponsor, joined by Beautiful Homes by Asian Paints as Platinum Sponsor. ANCA and Bondtite come on board as Gold Sponsors, with FIMA, Osum, Dimore, Tabu Veneers, MCI, and West Elm as Associate Sponsors, collectively infusing the festival with craft, innovation, and global design energy. Why This Matters Hyderabad has long been a city of heritage and entrepreneurship. With Design Democracy 2025, it’s positioning itself as the creative capital of South India, attracting the country’s top design voices and audiences from across the globe. It’s not just a festival; it’s a statement about where Indian design is headed next. About Design Democracy Founded in 2023, Design Democracy is an annual event held in Hyderabad, focused on celebrating and shaping the landscape of Indian interior and architectural design. With each edition, it continues to bring together a diverse collective of product makers, brands and design professionals to engage in a dialogue about the future of design and craft-led innovation in India. The show presents the latest range of designs in furniture, home accessories, lighting design, surfaces and architectural materials from the country’s top studios and balances curation, commerce, and community-building in a format that is both accessible yet deeply considered. To register, partner, or learn more, visit: https://designdemocracy.in/ (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI

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