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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.
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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.
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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.
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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.
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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.
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Digital warehousing controls propose electronic tracking, secure transport, monthly returns, and risk-based compliance verification for warehoused goods.
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Technology risk governance requires banks to retain accountability, test resilience, and govern artificial intelligence before scaling financial services.
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Ukrainian drone attacks on oil refineries have some Russian regions running on empty

August 27, 2025

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Moscow, Aug 27 (AP) Gas stations have run dry in some regions of Russia after Ukrainian drones struck refineries and other oil infrastructure in recent weeks, with motorists waiting in long lines and officials resorting to rationing or cutting off sales altogether.

Wholesale prices on the St Petersburg International Mercantile Exchange for A-95 gas — the highest octane — spiked to record highs last week, soaring to about 50 per cent higher than in January, as demand soared from farmers seeking to bring in the harvest and Russians hitting the roads for their last big vacation of the summer.

Russian media outlets reported fuel shortages are hitting consumers in several regions in the Far East and on the Crimean Peninsula, which was illegally annexed from Ukraine by Moscow in 2014.

Media outlets in the Primorye region, which borders North Korea, reported long lines and prices of about 78 rubles per litre (approximately USD 3.58 per gallon) at gas stations in the area, where the average monthly wage is about USD 1,200. Journalists at local news outlet Primpress found other drivers trying to sell gas online for as much as 220 rubles per litre (about USD 10.12 per gallon).

In the Kurilsky district of the Kuril Islands north of Japan, shortages of lower octane A-92 gas forced officials to halt public sales outright Monday. In Crimea, a popular resort area, some companies sold fuel only to holders of coupons or special cards.

Normal price increases are aggravated this year Russia is no stranger to gasoline price increases at the end of summer. But this year's shortages have been aggravated by Ukraine's attacks on oil refineries in the 3 1/2-year-old war. Larger, more concentrated attacks are causing more damage and hampering production, all timed to coincide with peak demand.

Ukraine has targeted energy infrastructure before, but the recent strikes have been more successful, with more drones targeting a more concentrated group of facilities.

“The Ukrainians are attacking an arc of refineries, starting from Ryazan, which is south of Moscow, all the way to Volgograd. That region is where people are driving through on their way to (resorts on) the Black Sea. That's the region where most of the harvest operations are going on. And that's also a rather densely populated region,” Sergey Vakulenko, a senior fellow at the Carnegie Russia Eurasia Center, told The Associated Press.

Between August 2 and August 24, Ukraine attacked oil infrastructure at least 12 times, according to media reports. Of those attacks, at least 10 were targeting sites in the Ryazan-Volgograd arc in southwestern Russia.

These attacks have damaged many oil refineries but have not destroyed them outright, Vakulenko said, adding that most of the facilities are extremely resilient against fires.

But they can slow refinery activity, as shown by a fall in the intake of crude oil to be turned into diesel, gasoline or other products by roughly 200,000 to 250,000 barrels per day, said Gary Peach, oil markets analyst at Energy Intelligence.

“That's just enough to make their gasoline industry feel some pain, especially during the high consumption months in the summer,” he told AP. Gasoline production fell 8.6 per cent in the first 19 days of August, compared with a year earlier, and diesel production was down 10.3 per cent.

Other war-related issues have caused even more consumer pain. Ukrainian drone strikes repeatedly have disrupted Russian transportation networks, particularly air traffic, causing more people to travel by car and increasing demand for gas, Vakulenko said.

Inflation also has made it less profitable for suppliers who normally buy gasoline early in the year for sale in the higher-priced summer months, and many entrepreneurs simply decided not to bother this year, he said.

Individually, none of these problems caused lasting or widespread disruption in Russia. But together, they have transformed an expected annual price fluctuation into a problem for the government.

To try to ease the shortage, Russia on July 28 paused gasoline exports, with the Energy Ministry hoping to continue restrictions into September. Oil company managers have been summoned to government meetings twice this month to discuss the shortages, Russian media reported.

Moscow is largely spared from shortages While officials appear to be concerned, the gasoline shortfall “isn't system critical,” Peach said.

So far, the shortage remains confined to certain areas — the Far East and Crimea — because these regions usually are supplied by fewer refineries and present greater transportation demands.

Moscow has been spared the latest gasoline price spike because it is well-supplied from major refineries in Yaroslavl and Nizhny Novgorod, cities a few hours' drive away. The capital also has a refinery in the city itself.

Yet Russia is not at immediate risk of grinding to a halt — even in more vulnerable regions, experts say. Although private drivers may feel some pain at the gas pump, most buses and trucks run on diesel, for which Russia has a surplus. The military, which largely uses diesel fuel, also is insulated from any shocks.

Vakulenko wrote in a recent commentary that annual diesel production is “more than double than what is needed.” That doesn't mean the situation still couldn't deteriorate. Refineries that make gasoline for Russia's domestic market also make diesel and other products for export — a vital source of income amid heavy Western sanctions.

Industry observers say Ukraine's drones target key refinery equipment, including the distillation column that separates incoming crude oil into other products, including gasoline, diesel, fuel for ships and asphalt. If damaged, it must be repaired or replaced for the refinery to function. Repairs could be difficult if foreign parts are needed.

The gasoline crisis is expected to ease by late September as demand subsides and the annual summer maintenance for many refineries is finished.

Still, the crisis highlights a vulnerability on the home front that has the potential to be exploited further as drone warfare evolves. (AP) GSP

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