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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
Show AI Summary
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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Bolivia heads to a runoff after an election ends two decades of ruling party dominance

August 19, 2025

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La Paz, Bolivia, Aug 19 (AP) Bolivia's presidential vote is headed to an unprecedented runoff after Sunday's election ended over two decades of ruling party dominance in the Andean nation.

A centrist lawmaker from a prominent political family, Sen. Rodrigo Paz, and a right-wing former president, Jorge “Tuto” Quiroga, will face off in October after a first round of voting knocked out candidates allied with the nation's long-dominant Movement Toward Socialism, or MAS, party.

Paz, a former mayor, campaigned with the slogan “Capitalism for all” — rejecting the statist policies of MAS while pitching a more inclusive approach to rescuing Bolivia from its worst economic crisis in four decades. He has promised to lower tariffs, reduce taxes and make small loans more accessible for entrepreneurs.

“Bolivia is looking for change, looking for renewal,” Paz told The Associated Press after his win. “The vast majority of people have expressed that desire for renewal — merchants, the self-employed, transport workers, the great majority of this country.” Paz had been trailing in opinion polls for weeks. But he gained unexpected traction as he teamed up with Edman Lara, a social media savvy ex-police captain with evangelical backing who was fired for denouncing corruption in the security services.

“We did not invest millions, we invested in the people's trust,” Lara told local media on Monday, seeking to portray his ticket as a humble alternative to that of the wealthy right-wingers who poured exorbitant sums into campaigning. “ While others spent fortunes on posters and TV spots, we trusted in the strength of the citizens and a message of unity.” Paz secured a lead over Quiroga with over 32 per cent of the votes cast. Quiroga received just over 26 per cent. Candidates needed to surpass 50 per cent, or 40 per cent with a 10-point margin of victory, to avoid a runoff.

Bolivia holds the presidential runoff — its first since its 1982 return to democracy — on October 19.

“Now, the ball is in the hands of the Bolivian people,” said leftist President Luis Arce, who will leave office following plummeting approval ratings reflecting popular frustration with his government's mismanagement of the economy. “Democracy has triumphed!” A shift away from decades of leftist party rule The results delivered a blow to Bolivia's hegemonic MAS party, which has governed almost uninterrupted since its founder, charismatic ex-President Evo Morales, rose to power as part of the “pink tide” of leaders who swept into office across Latin America during the commodities boom of the early 2000s.

Bolivia faces a return to belt-tightening. After years of alignment with world powers like China and Russia, it seems set to reconcile with the United States.

The official MAS candidate, Eduardo del Castillo, finished sixth with 3.2 per cent of the vote. A candidate considered to be the party's best hope, 36-year-old Senate president Andrónico Rodríguez, captured 8 per cent of the vote.

During his almost 14 years in power, Morales expanded the rights of the country's Indigenous majority, defended coca growers against U.S.-backed eradication programs and poured natural gas profits into social programs.

But the maverick leader's increasingly high-handed attempts to prolong his presidency — along with allegations of sexual relations with underage girls — soured public opinion against him.

Discontent turned into outrage as Bolivia's once-stable economy imploded under Morales' protégé-turned-rival, President Arce.

Annual inflation rate has soared from 2 per cent less than two years ago to 25 per cent as of last month. A scarcity of fuel has paralyzed the country. A shortage of U.S. dollars needed to pay for essential imports like wheat has crippled the economy.

As the crisis accelerated, MAS leaders traded blame. A power struggle between Morales and Arce fractured the bloc and handed the opposition its first real shot at victory in decades, even as its uncharismatic candidates failed to unite.

Followers of Morales heed calls to vote null Blocked from running by a court ruling on term limits, Morales has been holed up in his stronghold of Chapare for months evading an arrest warrant for allegedly impregnating a 15-year-old girl while president.

He has branded Rodríguez a traitor for competing and encouraged his supporters to register their anger at his exclusion by casting null-and-void ballots.

His followers appeared to heed his call: An unusually high proportion of votes, 19 per cent, were deemed invalid. The share of blank and null votes in Bolivia elections rarely exceeds 6 per cent.

Voting even in the restive jungle largely passed peacefully, authorities said, with only minor disruptions.

A dynamite stick went off near the school where Rodríguez planned to cast his ballot in Chapare. When he arrived hours later, pro-Morales crowds assaulted him with bottles and rocks as he voted. Whisked away by guards, Rodríguez later called it a “difficult moment.” A centrist draws leftists wary of a right-wing lurch Paz's victory came as a shock, as opinion polls had long suggested that Quiroga and businessman Samuel Doria Medina would be the top two contenders.

Paz has sought to distance himself from pledges by Quiroga and Doria Medina to sell Bolivia's abundant lithium reserves to foreign companies and turn to the International Monetary Fund for billions of dollars of loans.

But he has also launched blistering attacks on the MAS party and its economic model.

“People wanted something new, and, after not finding that in a radical on the right or someone who fully represented socialism, they have obviously opted for Paz,” said Álvaro Chipana, who was strolling Monday in the affluent southern part of Bolivia's capital of La Paz. “I think it's a very good option.” A former president's son vs. a former president Paz's supporters have described the former mayor Bolivia's southern town of Tarija as a fresh face with new ideas, in contrast to Doria Medina and Quiroga, who served in the U.S.-backed neoliberal administrations that Morales repudiated when he stormed to office in 2006, declaring an end to Bolivia's 20-year experiment with free-market capitalism.

But the 57-year-old Paz, the son of former President Jaime Paz Zamora (1989-1993), has been in politics for some two decades and as a senator since 2020. He was born in Spain when his father, founder of a radical leftist party, was exiled during the country's military dictatorship. (AP) HIG HIG

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