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    GeM Completes a Decade of Transforming Public Procurement with Cumulative GMV Exceeding ₹20 Lakh Crore
    NEWS HIGHLIGHTS
    India's forex kitty swells by USD 10.5 bn to USD 692.87 bn
    Rs 5,000 cr credited to 6.22 lakh Maharashtra farmers so far under loan waiver scheme: Fadnavis
    SBI Life and J&K Bank partner to bring comprehensive life insurance solutions closer to families across India
    DRI intensifies vigil along India's North-Eastern Frontier
    Vijayan slams Kerala govt's move to end doorstep pension delivery through cooperative banks
    Kerala to stop welfare pension delivery through cooperative banks, shifts to DBT
    China's exports slow slightly in July despite robust demand for high-tech products
    India successfully concludes the Tenth BRICS Industry Ministers' Meeting in Jaipur under its BRICS Chairship 2026
    APEDA Organises BIOFACH INDIA 2026 to Promote India's Certified Organic Products and Expand Global Market Access
    RBI bars banks from disabling mobile devices of defaulting borrowers
    Par panel for early conclusion of India-US trade pact, tariff exemptions on key goods
    No commitments relating to ethanol import from US for fuel blending under FTA talks: Govt
    No concession or commitment on import of Ethanol for fuel blending from the United States
    Office of the Controller General of Patents, Designs and Trade Marks Announces Tentative Schedule for Patent and Trade Marks Agent Examinations 2027 a...
    RBI invites comments on the draft “Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026”
    West Bengal seeks 100pc foodgrain, 40pc sugar jute packaging quota at SAC meeting
    RBI clasifies Tata Sons, 16 others as large NBFCs
    Sensex climbs 374 points on buying in Reliance, ICICI Bank; Nifty ends flat
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    August 7, 2026
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    Digital public procurement promotes transparent sourcing, reduced seller charges, competition monitoring and evidence-based spending oversight through an integrated marketplace.
    Government e-Marketplace digitises public procurement through a unified platform promoting transparency, efficiency, good governance and wider supplier participation. Seller-facing measures include reduced transaction charges, exemption of smaller orders, a cap on maximum transaction fees and reduced vendor assessment fees. The platform uses Artificial Intelligence and Machine Learning tools to identify suspected cartelisation, collusion and order splitting, while its digital transactional trail supports expenditure monitoring, identification of inefficiencies and evidence-based policy interventions.
    August 7, 2026
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    Criminal justice, extremist-material regulation and administrative schemes feature in reports on prosecutions, demolition practices, loan waivers and fuel policy.
    Criminal justice reports cover bail and an expedited trial in an assault prosecution, arrest for allegedly sheltering an accused, allegations of rape and murder of a minor, and claimed irregularities in a police recruitment examination. Regulatory developments include a ban on extremist literature associated with proscribed organisations and judicial disapproval of coercive demolition. Administrative coverage includes farmer loan-waiver transfers following Aadhaar authentication and debate over the E20 fuel-blending programme.
    August 7, 2026
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    Foreign exchange reserves rose as foreign currency assets, gold holdings, Special Drawing Rights and IMF reserve position increased.
    India's foreign exchange reserves increased during the week ended July 31, principally because of higher foreign currency assets and gold reserves. Foreign currency assets include US dollar valuation effects arising from movements in currencies such as the euro, pound and yen. Special Drawing Rights and India's reserve position with the International Monetary Fund also increased. The movement followed measures to attract foreign exchange inflows, including an FCNR(B) measure, after earlier reserve declines associated with rupee pressure and dollar sales for foreign exchange market intervention.
    August 7, 2026
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    Farm loan waiver eligibility depends on verified beneficiary status and Aadhaar authentication for direct credit of eligible crop-loan relief.
    The farm loan waiver scheme covers eligible short-term crop loans within the prescribed ceiling and eligibility period. Waiver amounts are credited to verified bank accounts after field verification and completion of Aadhaar authentication. Aadhaar authentication is the operative condition for automatic processing of benefits, while eligibility rules and technical conditions have raised concerns about exclusion of distressed farmers.
    August 7, 2026
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    Corporate agency distribution expands access to life insurance products, supporting insurance awareness, financial inclusion and long-term household financial protection.
    A corporate agency arrangement enables J&K Bank to distribute SBI Life Insurance protection, savings, retirement and child-oriented life insurance plans through its branch network. The partnership aims to improve insurance access, awareness, financial literacy and long-term financial planning for households, particularly in Jammu & Kashmir and Ladakh. It is intended to expand insurance penetration, strengthen household financial protection and support financial inclusion in line with the IRDAI vision of "Insurance for All by 2047".
    August 7, 2026
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    Cross-border smuggling controls target narcotics, poppy seeds and areca nuts entering through the Indo-Myanmar border region.
    Cross-border smuggling enforcement targeted methamphetamine, foreign-origin poppy seeds and areca nuts allegedly brought from Myanmar. Methamphetamine concealed in an ambulance was seized under the NDPS Act, 1985. Poppy seeds and areca nuts recovered in separate operations were seized under the Customs Act, 1962. Poppy-seed imports are restricted to designated countries and require registration to ensure traceability and prevent illicit produce entering legitimate supply chains. The enforcement action addresses circumvention of customs controls and regulated import requirements.
    August 7, 2026
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    Direct benefit transfer for welfare pensions replaces cooperative-bank doorstep delivery, while retaining limited home service for excluded beneficiaries.
    Direct Benefit Transfer for social security and welfare pensions is to be made through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep delivery. Home delivery remains available for bedridden persons and others who cannot be excluded. The change is associated with delays in remitting undistributed amounts, record-update failures, reconciliation issues, duplicate payments, and incomplete Aadhaar-based payment implementation. Concerns have been raised that mandatory bank-account credit may disadvantage beneficiaries dependent on doorstep delivery.
    August 7, 2026
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    Direct Benefit Transfer for welfare pensions replaces doorstep cooperative-bank delivery, while home delivery remains for bedridden beneficiaries.
    Direct Benefit Transfer of social security and welfare pensions is to be made mandatory through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep distribution. Home delivery continues for completely bedridden beneficiaries and others who cannot be excluded. The change addresses delays in remitting undistributed amounts, record-update and reconciliation deficiencies, duplicate payments linked to incomplete Aadhaar-based payments, delivery incentive costs, and the need to comply with Direct Benefit Transfer norms to avoid loss of central financial assistance.
    August 7, 2026
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    Customs trade data show moderating July growth while high-technology exports, vehicles and advanced manufacturing supplies remain strongly supported.
    Customs and trade data showed that China's July export and import growth moderated and its trade surplus narrowed from the preceding month. Typhoon-related port disruptions affected trade flows, but demand for electronics and green technology products supported elevated values. High-technology items, vehicles, electronics and machinery recorded strong January-July export growth, while trade performance varied among the United States, the European Union and Southeast Asia.
    August 7, 2026
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    BRICS industrial cooperation advances MSME, photovoltaic, startup and logistics frameworks alongside resilient trade and digital services collaboration.
    BRICS industrial cooperation under PartNIR was strengthened through a Joint Declaration and institutional measures addressing MSMEs, photovoltaics, startup-led innovation, and resilient transport and logistics. The measures include an SME cooperation framework, Terms of Reference and an Action Plan for photovoltaic industry cooperation, and a startup innovation action plan. Trade discussions focused on the multilateral trading system, MSME participation in international trade, resilient global value chains, and cross-border digitally delivered services within a rules-based trading framework.
    August 7, 2026
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    Certified organic export promotion: BIOFACH INDIA facilitates buyer-seller engagement, certification awareness, traceability discussions and international market access.
    BIOFACH INDIA 2026 promotes certified organic exports by providing a platform for Indian organic enterprises to showcase diverse certified products and engage with overseas buyers through structured Buyer-Seller Meets. Technical sessions address organic certification, traceability, sustainability, quality standards, international regulatory requirements and export-market expectations. The initiative supports quality assurance, international market access, export linkages and sustainable agricultural practices across the organic value chain.
    August 6, 2026
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    Device-based loan recovery restrictions protect essential mobile functions while permitting gradual locking only for lender-financed devices.
    Technology-based recovery mechanisms cannot restrict or disable a borrower's mobile device unless the bank financed acquisition of that device. Where permitted, banks must adopt a gradual approach and preserve essential functions, including incoming calls, SMS access, and emergency SOS features. Regulated entities and service providers must obtain manufacturer or operating-system certification for device-locking technology. Disclosure of borrower or guarantor information to recovery personnel must be limited to what is necessary for loan-recovery duties.
    August 6, 2026
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    Bilateral trade agreement negotiations should secure tariff certainty, protect key exports, strengthen supply chains, and support vulnerable small industries.
    An early Bilateral Trade Agreement is proposed to protect Indian interests, secure tariff exemptions for key exports, reduce barriers affecting industrial products, and create predictable trade conditions. Recommended measures include financial and export-credit support for small industries, real-time monitoring of customs requirements, documentation assistance, and timely policy support against tariff and non-tariff barriers. Export strategy should develop knowledge services and critical supply-chain integration, while a National Fund should assist suppliers with redesign, tooling, certification and entry into new global supply chains.
    August 6, 2026
    Show AI Summary
    Ethanol imports for fuel blending remain excluded from trade commitments, with domestic producers continuing to supply the blending programme.
    Ethanol imports for fuel blending remain outside concessions or commitments in India-US trade discussions. Under the Ethanol Blended with Petrol Programme, ethanol procurement is governed solely by domestic policy requirements and is sourced entirely from domestic producers. Claims of existing or intended large-scale ethanol imports from the United States for fuel blending, or of a policy change permitting them, are stated to be baseless.
    August 6, 2026
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    Domestic ethanol sourcing for fuel blending continues unchanged, with no import commitments or concessions involving United States ethanol.
    Ethanol used for fuel blending under the Ethanol Blended with Petrol Programme is sourced entirely from domestic producers, with no imports from the United States for that purpose. No concessions or commitments on importing United States ethanol for fuel blending have been made in trade discussions. Fuel blending and ethanol procurement continue to be governed solely by domestic policy requirements, and claims of a policy change allowing large-scale imports are incorrect.
    August 6, 2026
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    Patent and trade marks agent qualification examinations require written-paper minimums, aggregate passing scores, and viva voce assessment for registration.
    Patent and trade marks agent examinations comprise an objective Paper I, a descriptive Paper II and a viva voce assessing suitability to practise before the Intellectual Property Office. Candidates must secure the stipulated minimum marks in each written paper and the required aggregate score to pass. Registration in the relevant Register of Patent Agents or Register of Trade Marks Agents is available only to candidates who satisfy all prescribed eligibility conditions and qualify the examination.
    August 6, 2026
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    Draft NBFC credit-facilities amendments open for stakeholder consultation through designated online and email feedback channels.
    Draft amendments to the Non-Banking Financial Companies credit-facilities framework have been released for public consultation. Regulated entities and other interested stakeholders may submit comments or feedback through the 'Connect 2 Regulate' platform or by email using the specified subject line.
    August 6, 2026
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    Mandatory jute packaging reservations were urged to protect cultivators, mill workers, crop absorption, and environmentally sustainable packaging.
    Mandatory jute packaging reservations were sought to be retained at full coverage for foodgrains and increased for sugar packaging for the forthcoming Jute Year. The submission before the Standing Advisory Committee emphasised absorption of bumper jute output, remunerative prices for cultivators, uninterrupted mill operations, and protection of farm and worker livelihoods. It also stressed that biodegradable jute bags offer an environmentally friendly alternative to HDPE and polypropylene woven sacks, and that dilution of compulsory packaging could undermine plastic-pollution reduction efforts.
    August 6, 2026
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    NBFC Upper Layer classification imposes enhanced regulation and listing obligations, while de-registration applications remain under examination.
    NBFC Upper Layer classification subjects identified large non-banking financial companies to enhanced regulatory requirements for at least five years and requires stock-exchange listing within three years of identification. The framework divides NBFCs into Base, Middle, Upper and Top Layers. Seventeen large NBFCs were included in the Upper Layer list, while Tata Sons' classification remains subject to the pending examination of its de-registration application.
    August 6, 2026
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    Closing auction price discovery may affect benchmark levels differently based on constituent liquidity and concentrated institutional order flow.
    The Closing Auction Session in the equity cash segment uses an auction-based method to determine closing prices of eligible shares with futures and options contracts, aiming to strengthen transparent and robust price discovery. Its effect on benchmark closing levels may differ according to constituent liquidity and institutional order flow. The Reserve Bank of India retained the policy repo rate and neutral stance, indicating that future policy decisions will be data-dependent and influenced by assessment of energy-cost effects on inflation.

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      Sanjeevani 2025 Mobilizes Communities, Creates Momentum for Early Cancer Screening Across India

      August 21, 2025

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      Actor Vidya Balan Champions Sanjeevani, Inspiring Millions to Embrace Early Cancer Screening Mumbai, Maharashtra, India – Business Wire India The third edition of the Sanjeevani National Convention, jointly organized by Federal Bank Hormis Memorial Foundation, News18 Network, and knowledge partner Tata Trusts, brought together key voices from healthcare, government, civil society, and the private sector to confront India’s escalating cancer burden. With annual cancer cases projected to reach 1.57 million by the end of 2025, and over 70% of these still diagnosed at late stages, the convention focused on shifting the national response from awareness to timely action.

      Over 700 days, the Sanjeevani campaign has evolved into a high-impact, multi-platform initiative, reaching more than 600 million people through News18’s TV network and generating over 13 million digital engagements. Ground-level interventions have included cancer screening camps, school workshops, corporate health programs, and storytelling that centers the lived experiences of survivors.

      For Vidya Balan, Renowned actor and Sanjeevani ambassador, the mission is deeply personal. “We must stop waiting for a crisis to prioritise ourselves,” she said on stage, standing beside survivors of all ages. “Cancer doesn’t just affect the body - it shakes identity, confidence, and family. But early detection gives us power. It gives us time. And it gives us hope.” She spoke of the transformative power that comes from self-acceptance and community.

      One of the most striking moments of the convention was ‘Antaratma’, a survivor-starring ramp segment showcasing individuals who have not only survived cancer but have resumed life as professionals, parents, educators, and creators. Their presence sent a clear message—that cancer survival is not the end of the story but a powerful continuation. Their voices framed the importance of dignity, access, and follow-up care as essential elements of cancer response.

      Speaking at the convention, Shri Prakash Abitkar, Honorable Minister for Public Health and Family Welfare, Maharashtra, said, "the partnership between Federal Bank, News18 Network, and Tata Trust is commendable, and I express my sincere gratitude to them for their support. The rising cancer cases in Maharashtra and India urgently requires united action. Government and society working together, as seen in initiatives like Sanjeevani, delivers remarkable results. The central and Maharashtra governments are committed to cancer prevention and treatment, with 8-day care centers already offering radiation and chemotherapy, and plans for 26 more in civil hospitals. Since launching the Mahatma Phule Arogya Campaign on February 4, over 2.5 crore rural women have been screened for breast, oral, and cervical cancers, enabling early detection and timely treatment. Public awareness and community participation are vital. I urge everyone to join this fight, promote screening, and save lives." “Through Sanjeevani, we have been blessed with the opportunity to touch over 20,000 lives in the past few years, and we are determined to reach another 20,000 this year. What began as an awareness and action campaign which supported patients and their families, has continually grown by adding more hospitals, oncology departments, mental health practioners, etc. to support patients and push back onset by early detection amongst the healthy. We are also wanting to work on offering not just medical support but easing the unseen burdens of travel, stay, and daily survival. At Federal Bank Hormis Foundation, we believe health is not an expense but an investment in the nation’s balance sheet. The Bank through its CSR Foundation is humbled to see its tagline Rishta Aap Se Hai. Sirf App Se Nahi.™ live through so many families we attempt to impact. It is actually our promise to blend innovation with compassion, partnerships with impact, and optimism with action for a healthier, stronger India. I am deeply optimistic, because when a nation commits to both growth and compassion, there is no limit to the lives we can save and the futures we can protect,” said KVS Manian, CEO, Federal Bank.

      Siddharth Sharma, CEO, Tata Trusts, added, "For decades, Tata Trusts has been an instrumental part of the nation’s fight against cancer with a clear commitment to make accessible, quality, and compassionate care a right for every patient, not a privilege. This partnership with the Federal Bank Hormis Memorial Foundation and the News18 Network exemplifies what is possible when diverse but like-minded stakeholders unite with purpose, to change lives at scale. With over 70% of cancer cases still detected too late, early screening is not just a medical necessity, it is a moral imperative that demands our collective resolve. By spearheading awareness and building sustainable healthcare systems, we have the power to rewrite India’s healthcare story. This is not merely a campaign; it is a bold national pledge to save lives and rebuild futures.” Avinash Kaul, Chief Executive Officer - Network18 (Broadcast) & Managing Director A+E Networks, said, "At Network18, our role is to amplify courage and create conversations that matter. With the support of Federal Bank Hormis Memorial Foundation, Tata Trusts, and our initiative ambassador Vidya Balan, the Sanjeevani movement is putting survivors and communities at the heart of India’s cancer narrative. By breaking myths, promoting early detection, and making screening a shared responsibility, we are turning awareness into action. This is not just charity — it is justice, solidarity, and collective resolve to redefine cancer care, one courageous conversation at a time." This year, Sanjeevani will make cancer screening and prevention routine across India by expanding into rural and under-served areas through community partnerships and on-ground mobilization. The program focuses on driving behavioral change, destigmatizing fear around cancer, normalizing conversations, and encouraging early detection through regular screening. Targeting schoolgirls, daily wage workers, and women in informal sectors, Sanjeevani’s clear mission is to make early detection a norm and create a stigma-free environment, ultimately saving lives nationwide. Partnerships are focused solely on expanding reach and supporting grassroots engagement.

      As India stands united against cancer through Sanjeevani, the movement calls upon every citizen to embrace screening as a vital part of life, shaping a future where early detection is the norm and lives are saved every day. The legacy of Sanjeevani is not just in statistics or slogans but in forging a new social contract, a promise that through awareness, action, empathy, and partnership, India can transform the story of cancer from one of fear and loss to one of dignity, survival, and renewed hope. Every voice matters, every story counts, and every screening is a chance to save a life.

      About Federal Bank Federal Bank (NSE: FEDERALBNK) is a leading Indian private sector bank with a network of around 1591 banking outlets and 2093 ATMs/Recyclers spread across the country, and the Bank’s total business mix (deposits + advances) stood at Rs. 5.29 Lakh Crore as on 30th June 2025. Capital Adequacy Ratio (CRAR) of the Bank, computed as per Basel III guidelines, stood at 16.03 % as on 30th June 2025. Federal Bank has Representative Offices in Dubai and Abu Dhabi that serve as a nerve centre for Non-Resident Indian customers in the UAE. The Bank also has an IFSC Banking Unit (IBU) in Gujarat International Finance TecCity (GIFT City). Federal Bank is transforming itself, keeping its principles intact, into an organisation that offers services beyond par. It has a well-defined vision for the future as a guidepost to its progress.

      About Tata Trusts Since its inception in 1892, Tata Trusts, India's oldest philanthropic organisation, has played a pioneering role in bringing about an enduring difference in the lives of the communities it serves. Guided by the principles and the vision of proactive philanthropy of the Founder, Jamsetji Tata, the Trusts' purpose is to catalyse development in the areas of health, education, nutrition, water, sanitation, hygiene, and livelihoods among others.

      The Trusts have pioneered efforts in the field of cancer care since the inception of the Tata Memorial Hospital in 1941. In 2017, Tata Trusts established a Tata Cancer Care Foundation (formerly known as Alamelu Charitable Foundation) to implement its comprehensive Cancer Care Programme, based on the four pillars of access, affordability, quality, and awareness. Through its efforts, over 20 facilities across six states- Andhra Pradesh, Assam, Jharkhand, Maharashtra, Uttar Pradesh, and Karnataka - have been developed and augmented through collaborations with state governments and like-minded organisations. The Trusts are committed to downstaging the impact of cancer by flipping the ratio of early to late detection through increased awareness and screening while improving the quality of life of patients and their families.

      To View the Image, Click on the Link Below: The Third Edition of the Sanjeevani National Convention (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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