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    USIBC bats for early conclusion of India-US trade deal
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    Centre to borrow Rs 7.86 lakh cr in Oct-Mar, FY27 borrowing slashed by Rs 1.2 lakh cr
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September 25, 2026
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Interest-free working capital assistance for FCV tobacco growers supports liquidity, institutional loan repayment, crop inputs, and reduced private borrowing.
A one-time, interest-free working-capital loan of Rs. 50,000 per barn is approved for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering about 44,000 growers, the assistance is proposed to be delivered through direct benefit transfer. It is intended to provide liquidity for household requirements, institutional loan repayment and crop inputs, while reducing dependence on private borrowing.
September 25, 2026
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Government securities auction calendar establishes retail bidding access, flexible issuance terms, greenshoe subscriptions, and periodic debt switch operations.
Each auction carries a non-competitive bidding facility, under which five per cent of the notified amount is reserved for specified retail investors. The Government may modify indicated amounts, issuance periods and maturities, and may issue instruments with non-standard maturities, floating-rate bonds or inflation-indexed bonds, having regard to governmental requirements, market conditions and other relevant factors. It may retain additional subscriptions through a greenshoe option and conduct switch or buyback auctions of dated securities.
September 25, 2026
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Market borrowing plan sets dated securities auctions, Treasury Bill issuance, redemption management, and temporary cash-flow support.
Government market borrowing for the second half of FY 2026-27 is to be raised through weekly auctions of dated securities, including Sovereign Green Bonds, across maturities from 3 to 50 years. Debt-management measures include switching and buyback operations to smooth the redemption profile and a greenshoe option for additional subscriptions. Treasury Bills are to be issued through weekly auctions in 91-day, 182-day and 364-day maturities. The Ways and Means Advances limit is fixed to address temporary mismatches in government accounts.
September 25, 2026
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GI-tagged agricultural exports expand farmer access to international markets through FPO-led value chains and higher price realisation.
APEDA facilitated the export of a one-metric-tonne consignment of GI-tagged Gulbarga Tur Dal from Karnataka to the Maldives through an FPO-led brand. Gulbarga Tur Dal has held GI registration since 2019. The export-linked channel provides farmers a realisation of Rs.82 per kg compared with a prevailing market price of Rs.60 per kg, while supporting closer integration of FPOs and farmers into export-oriented supply chains.
September 25, 2026
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Trader welfare policy discussions covered GST reform, digital commerce, finance access, export promotion, and coordinated institutional support.
Deliberations covered GST rationalisation, refund delays, audit duration, amnesty schemes, input tax credit anomalies and pending appeals, alongside proposed inclusion of traders in MSME facilitation committees, a centralised loan portal with a 30-day timeline, CIBIL score reforms and grievance helplines. Trader welfare measures considered timely contractor payments, safeguards against technical penalties, loan-repayment flexibility during lean periods and stronger Centre-State coordination.
September 25, 2026
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Gold smuggling through powdered gold concealed in food products led to seizure and arrests under customs law.
Intelligence-led interception and baggage examination identified foreign-origin gold converted into fine powder and mixed with packaged food products of similar colour, texture and consistency. Segregation and assaying yielded 9.40 kg foreign-origin gold, which was seized under the Customs Act, 1962. Questioning linked the passengers to the same organised gold-smuggling syndicate, and they were arrested under that Act.
September 25, 2026
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Customs seizure of suspected smuggled areca nuts and restricted poppy seeds followed intelligence-led cross-border enforcement operations.
Intelligence-led customs enforcement in Mizoram and Assam resulted in seizure, under the Customs Act, 1962, of suspected foreign-origin areca nuts and poppy seeds believed on preliminary inquiry to have been smuggled from Myanmar. Searches of locked, unattended godowns near the Indo-Myanmar border recovered the commodities, while interception of two trucks carrying poppy seeds without valid import documents led to seizure of the consignments and vehicles. Four persons connected with transportation of the poppy seeds were arrested.
September 25, 2026
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Industrial control system cybersecurity certification validates system-level protection across wind farm controls, networks, and lifecycle security services.
IEC 62443-3-3 Security Level 2 certification applies to a wind farm control system covering SCADA, PPC, PLC and industrial network devices. It assesses system-level security requirements, including the interaction of components, networks and security mechanisms within an overall industrial control environment. The cybersecurity framework also spans secure development, certified core control components, system-level protection, and security integration and maintenance services across the lifecycle of wind energy technologies.
September 25, 2026
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Foreign exchange reserve composition reflects a weekly decline driven by foreign currency assets despite a modest gold increase.
India's foreign exchange reserves declined by USD 14.881 billion to USD 765.901 billion for the week ended 18 September 2026. The contraction was principally driven by a reduction in foreign currency assets, which also reflect valuation effects from movements in non-US reserve currencies. Gold reserves increased, while Special Drawing Rights decreased and the reserve position with the International Monetary Fund remained reported separately.
September 25, 2026
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Five-day banking proposal remains under consideration amid strike plans and measures for uninterrupted banking and advance disbursements.
Five-day banking remains under governmental consideration, with no Finance Ministry commitment to implementation. Unions linked the proposal to the 12th Bipartite Settlement/9th Joint Note, which contemplated extended Monday-to-Friday working hours. Family pension revision and a pension option for resignees were identified as addressed, while withdrawal of the Performance Linked Incentive scheme remains in abeyance. Public sector banks were instructed to remain open on the preceding Sunday, and central government salaries, wages and pensions were directed to be disbursed in advance.
September 25, 2026
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Alternative fuel transition promotes ethanol, electric and hydrogen mobility to reduce imports, pollution, and strengthen farm income.
Alternative-fuel and public-transport measures seek to reduce dependence on imported petroleum, curb air pollution, and support farmer income and employment. Ethanol is positioned as a farm-income source through increased demand and returns for maize growers, alongside electricity, hydrogen and waste-derived CNG. Development and introduction of flex-fuel vehicles, using engines capable of operating on ethanol, electric tractors, hydrogen-powered vehicles and hydrogen buses form part of a cleaner-mobility strategy.
September 25, 2026
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Foreign-exchange market intervention expectations supported rupee appreciation amid improved risk sentiment, while importer demand and crude prices constrained gains.
Foreign-exchange market conditions supported a 19-paise appreciation of the rupee to 95.80 against the US dollar, aided by improved global risk sentiment and expectations of Reserve Bank intervention. Dollar demand from importers, high crude prices and US dollar strength constrained gains. Lower crude prices and dollar weakness could support the rupee, while geopolitical escalation may create pressure. Market participants expected intervention if the currency weakened toward 96.
September 25, 2026
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Credit health assessment combines score, repayment history, utilisation, accounts and enquiries to support informed borrowing and profile monitoring.
Credit health is broader than a numerical credit score and encompasses the way credit has been managed over time. Credit analysis requires a combined review of the score, repayment history, credit accounts, credit utilisation, credit history and credit enquiries. A credit report may identify management of EMIs and credit-card dues, existing borrowing obligations, use of revolving credit relative to available limits, and recent lender checks associated with credit applications. Incorrect or unfamiliar entries may be reviewed and, where necessary, raised with the relevant lender or credit bureau.
September 25, 2026
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Fuel-price mitigation measures use tax reductions, targeted subsidies and energy-security policies to ease pressure on households and energy-intensive industries.
European fuel-price intervention combines targeted subsidies, fuel-tax reductions, temporary regulatory flexibilities and energy-security investment to moderate the economic effects of sharply higher gasoline and diesel prices caused by disrupted supplies. Member States have temporary discretion to grant state aid to households and energy-intensive sectors, including agriculture, transport and fishing, and limited flexibility under EU spending rules for investments that improve energy security and reduce dependence on imported fossil fuels.
September 25, 2026
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AI management certification anchors responsible lifecycle governance, transparency, accountability, security, and human oversight for agentic loyalty systems.
ISO/IEC 42001:2023 certification applies to an Artificial Intelligence Management System governing AI development, deployment, oversight and continual improvement within the GRAVTY platform. The framework supports AI-related risk management, responsible governance, transparency, accountability, security and human oversight throughout the AI lifecycle. Its scope includes supervised and unsupervised learning models and large language models supporting personalised engagement, fraud management, loyalty intelligence, autonomous decision-making, operational automation and workflow support.
September 25, 2026
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Digital warehousing controls propose electronic tracking, secure transport, monthly returns, and risk-based compliance verification for warehoused goods.
Draft Warehousing Operations Regulations, 2026 would require public and private warehouse licensees to use the electronic portal and a digital warehouse management system for receipt, storage, transfers, removals and accounting of warehoused goods. Transport would generally require a one-time-lock and transit-risk insurance, subject to specified exemptions. Licensees would verify locks and goods, report discrepancies, maintain auditable electronic records, submit monthly returns, and permit removals for home consumption or export only upon electronic clearance orders. Non-confirmation, discrepancies and contraventions would trigger information demands, risk-based verification and action under the Customs Act.
September 25, 2026
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Technology risk governance requires banks to retain accountability, test resilience, and govern artificial intelligence before scaling financial services.
Technology risk governance must treat technology architecture as a first-order enterprise risk, alongside conventional financial risks, because the availability and integrity of core banking, payments, onboarding, credit, fraud-monitoring and reporting systems determine whether customers can access essential financial services. Banks may outsource technology functions but retain accountability for access controls, concentration, recoverability, data protection and exit options. Effective resilience requires secure architecture, asset visibility, timely remediation of vulnerabilities and legacy systems, identity and access management, effective controls, third-party oversight, post-incident learning, and regular recovery testing.

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Israel's growing frustration over war in Gaza explodes in nationwide protests

August 17, 2025

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Jerusalem, Aug 17 (AP) Israeli police blasted crowds with water cannons and made dozens of arrests on Sunday as thousands of protesters demanding a deal to free hostages in Gaza aimed to shut down the country with a one-day strike that blocked roads and closed businesses.

Groups representing families of hostages organised the demonstrations as frustration grows in Israel over plans for a new military offensive in some of Gaza's most populated areas, which many fear could further endanger the remaining hostages. Fifty hostages remain, and 20 of them are believed to still be alive.

“We don't win a war over the bodies of hostages," protesters chanted in one of the largest and fiercest protests in 22 months of war. Even some former Israeli army and intelligence chiefs now call for a deal to end the fighting.

Protesters gathered at dozens of places including outside politicians' homes, military headquarters and on major highways. They blocked lanes and lit bonfires. Some restaurants and theaters closed in solidarity. Police said they arrested 38 people.

“The only way to bring (hostages) back is through a deal, all at once, without games," former hostage Arbel Yehoud said at a demonstration in Tel Aviv. Her boyfriend Ariel Cunio is still being held by Hamas.

One protester carried a photo of an emaciated Palestinian child from Gaza. Such images were once rare at Israeli demonstrations but now appear more often as outrage grows over conditions there for civilians after more than 250 malnutrition-related deaths.

Netanyahu opposes any deal that leaves Hamas in power An end to the conflict does not seem near. Israeli Prime Minister Benjamin Netanyahu is balancing competing pressures including the potential for mutiny within his coalition.

“Those who today call for an end to the war without defeating Hamas are not only hardening Hamas' position and delaying the release of our hostages, they are also ensuring that the horrors of Oct 7 will be repeated," Netanyahu said, referencing the Hamas-led attack in 2023 that killed some 1,200 people and sparked the war.

The last time Israel agreed to a ceasefire that released hostages earlier this year, far-right members of his cabinet threatened to topple Netanyahu's government.

Finance Minister Bezalel Smotrich on Sunday called the demonstrations “a bad and harmful campaign that plays into Hamas' hands, buries the hostages in the tunnels and attempts to get Israel to surrender to its enemies and jeopardize its security and future.” The new offensive would require the call-up of thousands of reservists, another concern for many Israelis.

Another 17 aid-seekers killed in Gaza Hospitals and witnesses in Gaza said Israeli forces killed at least 17 aid-seekers on Sunday, including nine awaiting UN aid trucks close to the Morag corridor.

Hamza Asfour said he was just north of the corridor awaiting a convoy when Israeli snipers fired, first to disperse the crowds, then from tanks hundreds of meters (yards) away. He saw two people with gunshot wounds.

“It's either to take this risk or wait and see my family die of starvation,” he said.

The Gaza Humanitarian Foundation, which runs the Israeli-backed and US-supported distribution points that have become the main source of aid since they opened in May, said there was no gunfire “at or near” its sites, which are located in military-controlled areas.

Israel's military did not immediately respond to questions.

Israel's air and ground war has displaced most of Gaza's population and killed more than 61,900 people, according to Gaza's Health Ministry, which does not specify how many were fighters or civilians but says around half were women and children.

Two children and five adults died of malnutrition-related causes Sunday, according to the ministry, which is part of the Hamas-run government and staffed by medical professionals. The UN and independent experts consider it the most reliable source on casualties. Israel disputes its figures but has not provided its own.

The United Nations has warned that levels of starvation and malnutrition in Gaza are at their highest since the war began. Most aid has been blocked from entering Gaza since Israel imposed a total blockade in March after ending a ceasefire. Deliveries have since partially resumed, though aid organisations say the flow is far below what is needed.

Fears of the coming military offensive It is not clear when Israel's military will begin the new offensive in the crowded Gaza City, Muwasi and what Netanyahu has called the “central camps” of Gaza.

The military body that coordinates its humanitarian aid to Gaza, COGAT, this weekend noted plans to forcibly evacuate people from combat zones to southern Gaza “for their protection.” Designated “safe zones,” however, also have been bombed during the war.

War-weary Palestinians on Sunday insisted that they won't leave, arguing that there is “no safe place” in Gaza.

“There are no humanitarian zones at all,” said Raghda Abu Dhaher, who said she has been displaced 10 times during the war and now shelters in a school in western Gaza City.

Mohamed Ahmed also insisted that he won't move south. “Here is bombing and there is bombing,” he said.

Airstrike on power plant in Yemen Israeli airstrikes hit Yemen's capital Sunday, escalating strikes on the Iran-backed Houthi rebels, who since the war in Gaza began have fired missiles at Israel and targeted ships in the Red Sea.

The Houthi-run Al-Masirah Television said the strikes targeted a power plant in the southern district of Sanhan, sparking a fire and knocking it out of service. Israel's military said the strikes were launched in response to missiles and drones aimed at Israel.

While some projectiles have breached its missile defences — notably during its 12-day war with Iran in June — Israel has intercepted the vast majority of missiles launched from Yemen. Its military later Sunday said it had intercepted another. (AP) RD RD

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