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September 21, 2026
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Reciprocal tariffs and AI incident notifications frame bilateral talks on trade, security, technology and arms sales.
US sanctions legislation authorises the President to impose tariffs, including up to 100 per cent, on countries purchasing Russian oil and gas. China rejects tariffs directed at its Russian energy purchases and opposes unilateral sanctions and long-arm jurisdiction absent an international-law basis or a UN Security Council mandate. Washington and Beijing are also negotiating a reciprocal tariff-reduction framework covering products from both sides.
September 21, 2026
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Gold recycling and financialisation can reduce import dependence by mobilising household holdings through exchange, credit and non-physical investment.
Organised gold recycling, responsible sourcing, gold loans and financialised gold products are identified as ways to reduce reliance on fresh gold imports. Exchanging old jewellery can meet retail demand from existing domestic holdings, while gold loans unlock credit without requiring households to sell their gold. Gold ETFs and digital gold permit exposure to gold's value without physical possession and may reduce physical import demand. Transparency, trust and supporting infrastructure are necessary to integrate household gold into an organised formal economy.
September 21, 2026
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Tribunal infrastructure and member vacancies: amenities assessment and bench-level data collection address reduced sittings across company-law benches.
The Supreme Court required the Central Government urgently to identify, in consultation with the Tribunal President, infrastructural amenities needed by tribunal benches. The Principal Bench Bar Association was required to compile tabulated infrastructure data for every regional bench. At least 18 benches were asserted to conduct half-day sittings because of member shortages, against a sanctioned complement that remained unchanged despite expanded insolvency jurisdiction.
September 21, 2026
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Duty-free access for Indian exports under the India-New Zealand trade agreement begins with its entry into force.
The India-New Zealand Free Trade Agreement will grant duty-free access in New Zealand to all Indian exports, displacing existing peak tariffs on products such as ceramics, carpets, automobiles, and auto components. Scheduled to enter into force on 20 October 2026, the agreement also includes New Zealand's long-term investment commitment in India.
September 21, 2026
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Tariff sanctions and AI trade consultations examine reciprocal tariff reduction amid energy-purchase measures and objections to unilateral sanctions.
Expanded sanctions and tariff measures form the immediate trade-policy backdrop. The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 authorises expanded sanctions and tariffs targeting Russia and countries that buy its energy exports. China contests the application of tariffs to its purchases and opposes long-arm jurisdiction and unilateral sanctions asserted without a basis in international law or a UN Security Council mandate. Parallel negotiations contemplate a reciprocal tariff-reduction arrangement.
September 21, 2026
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Rupee appreciation in early trade reflects lower crude prices and stronger domestic equities despite dollar demand.
Rupee appreciation in early interbank trading saw the currency strengthen by 24 paise to 95.72 per US dollar. Lower Brent crude prices, gains in domestic equities and improved foreign fund sentiment supported the currency, while importer demand for dollars and broader US-dollar strength limited gains. Market commentary identified a broad near-term trading range, and foreign-exchange reserves declined because foreign-currency and gold reserves fell.
September 21, 2026
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Digital signature compatibility requires updated signing software for newly issued tokens, while functioning existing certificates remain usable until expiry.
Digital-signature users with tokens issued on or after 21 September 2026 must install emSigner v3.3, while users whose existing certificates and tokens function normally may retain their current version. Version 3.3 supports existing tokens and is required where signing fails or certificates cannot be selected despite correctly installed drivers. Certificates downloaded to FIPS 140-2 dongles on or before that date remain valid until expiry; later renewal or fresh issuance generally requires FIPS 140-3 dongles, subject to specified exceptions.
September 21, 2026
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Private capital mobilisation for development financing requires predictable investment conditions, credible projects, fiscal transparency, and strengthened State capital expenditure.
Development financing for Viksit Bharat is framed as a joint Union-State and private-sector task requiring higher savings and investment, fiscally resilient public finances, and mechanisms to mobilise private capital. Fiscal sustainability requires State-wise debt assessments and fuller disclosure of off-budget borrowings, guarantees, arrears and borrowings through State-owned entities. Public resources are expected to play a catalytic role in attracting private investment, supported by predictable rules, enforceable contracts, faster dispute resolution and stronger investment protections.
September 21, 2026
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PMLA-IBC interface examines challenges in harmonising insolvency resolution with money-laundering asset attachment, investigation, tracing and enforcement.
The PMLA-IBC interface addresses reconciliation of insolvency resolution with anti-money-laundering enforcement where corporate debtor assets are attached during resolution. Section 32A is central to this interaction, although harmonised implementation remains challenging. The framework also considers money-laundering stages, hawala transactions, financial investigation, asset tracing, and evolving judicial approaches to aligning insolvency objectives with enforcement measures.
September 21, 2026
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Evolving insolvency law relies on legislative amendments and regulatory mechanisms to respond effectively to changing market conditions.
Subordinate legislation and regulatory mechanisms are important tools for maintaining responsiveness within the insolvency framework. Regulations may be framed for provisions of the Code and for fulfilment of its purposes and objectives, enabling practical responses to emerging issues. The interaction between primary legislation, regulations and market developments supports continuing refinement of insolvency law in line with changing conditions.
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
Show AI Summary
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
Show AI Summary
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.

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Flipkart Unveils 'Minutes That Move India', A Report Unpacking What, When, and Why India Orders Fast

August 20, 2025

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From 12 million ice cream scoops to a record 3-minute delivery, Flipkart Minutes maps how India embraced quick commerce at all hours, in all moods Bengaluru, Karnataka, India (NewsVoir) Indian consumers are embracing instant gratification at a remarkable pace. Flipkart Minutes, launched just a year ago, has swiftly expanded into 19 cities and more than 2,900 pincodes, delivering everything from tech to tomatoes. With our first-ever annual report, Minutes That Move India, Flipkart decodes what, when, and why India orders in the moment. Through significant data-led insights, Flipkart Minutes provides deep insights into how India shops today, capturing evolving preferences, shifting behaviours, and fascinating consumer quirks.

Celebrating one year of Flipkart Minutes, these insights reveal not only what India buys, but why consumers choose instant delivery, how their buying decisions shift through the day, and what defines consumer mood-driven commerce across key cities.

Onions over iPhones? India's Top Quick-Commerce Hero Will Surprise You In a twist that defines modern Indian consumerism, onions became the unexpected quick-commerce favourite, with over a million orders placed this year. While everyday essentials dominated overall, consumers also ordered enough milk via Flipkart Minutes to fill six Olympic-sized swimming pools and sold bananas, enough to power an army of minions. Notably, indulgences weren’t forgotten: consumers also ordered a staggering 12 million scoops of ice cream, while Maggi noodles continued to comfort Indian consumers with a steady average of 4 packets ordered every minute throughout the year.

India's Most Bizarre Instant Commerce Cart Goes TO….

India's quick-commerce carts showed eclectic, unexpected behaviours, with the most unusual combination being aloo bhujia, two gold coins, and a mouth freshener, ordered simultaneously.

Quick-Commerce Superfan Alert: Shocking Total Orders in Minutes Consumer loyalty reached extraordinary levels: a consumer placed an impressive 886 orders in one year alone, while another consumer placed the highest single-order value, hitting INR 1.85 lacs. These data points reflect how Flipkart Minutes is deeply embedded in consumer lifestyles, accommodating diverse, even whimsical, purchase motivations.

Faster Than Your Morning Tea: Flipkart's Fastest Delivery at 3 Minutes 21 Seconds! Flipkart Minutes recorded its fastest-ever delivery, completed in just 3 minutes and 21 seconds in Bengaluru’s HSR Layout, highlighting consumer expectations for instant fulfilment. Further insights reveal clear behavioural patterns: peak quick-commerce orders occurred between 7 AM - 8 AM for morning necessities, with another surge in purchases, such as desserts and snacks. Younger consumers, particularly from cities like Pune, Patna and Bangalore, were the most active instant shoppers, highlighting convenience-driven consumption patterns.

He Came. He Queued. He got it in 10 Minutes.

A man standing in queue for over five hours outside Mumbai’s Apple Store in Band-Kurla Complex decided to place the order on the Flipkart Minutes app and got his iPhone 16 delivered in just 10 minutes, before the queue had even moved. Last year, while hundreds queued for hours to get their hands on the newly launched iPhone 16, Flipkart Minutes showed how quick commerce is meeting consumer demand for speed and convenience.

India’s Quick Commerce Capitals and Their Shopping Signatures Every city has its own unique characteristics and Flipkart Minutes is here to serve the demand for each: • Fastest Delivery Champs: Lucknow and Jaipur recorded the fastest average delivery times in India • The Sweet Tooth Capital: Kolkata was observed as India’s dessert capital on Flipkart Minutes, with high-frequency orders for chocolates, cookies, and ice cream • The Last-Minute Glow-Up: Guwahati showed high demand in beauty and personal care, pointing to a shift in how grooming products are consumed, instantly and often • Pet-Friendly Headquarters: Mumbai leads in pet food orders, reflecting a highly engaged base of pet-first households • Gadget Central: Bengaluru features the most late-night orders and high-speed tech purchases, especially wearables and audio products Midnight Ice Cream, Anyone? India's Latest Shopping Craving Hits at 2:58 AM Late-night shopping revealed intriguing consumer behaviours, including the most notable late-night order: an ice cream order placed precisely at 2:58 AM in Delhi, underscoring India's growing appetite for spontaneous comfort shopping at unusual hours. Furthermore, tech products, especially mobile chargers, power banks, and cables, dominated late-night orders, underscoring India’s persistent digital dependency. Adding a quirky twist, India's well-known "breakup survival kit" comprising ice cream, chips, and tissues was ordered over a hundred times, revealing emotional motivations behind late-night shopping.

India Instantly Ordered 4X more Chocolates Last Minute on Valentine’s Day! Traditional festivals and celebrations increasingly embrace quick-commerce convenience. On Valentine's Day alone, orders for chocolates rose by 4X as compared to other days, emphasizing quick-commerce as the reliable solution for last-minute romantic gestures. Diwali orders spiked for festive essentials such as diyas, fairy lights and rangoli while New Year's Eve witnessed a marked uptick in chips and namkeen orders, clearly reflecting shifting consumer preferences for spontaneous celebrations.

One in Five Orders Were Rainy-Day Essentials This June: Consumers Shop by the Forecast This year, Flipkart Minutes recorded a sharp rise in demand for season-specific essentials, reaffirming consumer trust in rapid delivery for monsoon-driven needs. Flipkart Minutes offers over 1,000 monsoon-related products on the platform, out of which 90%, including umbrellas, raincoats, mop sets, insect killers, power banks, and torches, were sold in June 2025. One in every five orders placed on Flipkart Minutes in June included a monsoon-related product.

During the summer season, the top 5 summer products were curd/yoghurt, aerated drinks, ice creams, buttermilk, and fruit drinks, all saw strong spikes in afternoon and evening orders. Metro cities led summer demand, with Bangalore on top, followed by Delhi and Mumbai, and average delivery times of under 10 minutes during peak hours (1 PM - 3 PM).

How Personalisation has become India’s Quick-Commerce Obsession Personalisation emerged as a key trend, with categories like greeting cards growing by over 60X, wallet-and-belt combos by more than 7.5X, and wall photo frames by nearly 28X across topical occasions such as Father’s Day, Mother’s Day, and so on. Whereas product categories such as smart gadgets, grooming essentials, and coffee mugs also saw increased traction on the platform. Personal care products spiked this summer as well, with face washes, soaps, lotions, anti-tan, and after-sun products growing 1.6X. With the rise of portable tech, demand for accessories like chargers and earphones has steadily increased since the launch of Minutes in August 2024.

Flipkart remains committed to building a technology-enabled supply chain that aligns with the changing needs of Indian consumers. The insights emerging from Flipkart Minutes reinforce the growing demand for precision, personalisation, and presence in the moment. As shopping behaviours evolve, Flipkart’s differentiated fulfilment approach across hyperlocal, same-day and next-day models continues to deliver with speed, relevance and scale.

From essential groceries to indulgent treats and emergency tech, Flipkart Minutes exemplifies the company’s mission to make every shopping experience timely, intuitive, and truly customer-first.

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

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