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    Government Approves One-Time Interest-Free Loan of ₹50,000 per Barn for FCV Tobacco Growers in Andhra Pradesh
    Issuance Calendar for Marketable Dated Securities for October 2026-March 2027
    Government’s Borrowing Plan for the second half of FY 2026-27
    APEDA Facilitates Export of GI-Tagged Gulbarga Tur Dal from Karnataka to Maldives
    11th Meeting of National Traders’ Welfare Board Convened in New Delhi
    DRI seizes 9.40 kg foreign-origin gold worth around Rs. 15 crore at Mumbai airport; three arrested
    DRI seizes over 125,000 kg foreign-origin smuggled areca nuts and 41,000 kg poppy seeds worth around Rs. 20.31 crore in Assam and Mizoram in a crackdo...
    Envision Energy Secures TÜV SÜD Certificate for Wind Farm Control System, Strengthening Long-Term Resilience for Future Energy Systems
    India's forex reserves fall USD 14.89 bn to USD 766 bn: RBI data
    No commitment given to bank unions on 5-day work week by Finance Ministry, say sources
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    From Digital Banking to Resilient Banking – Technology, Cyber Security and AI as Pillars of Trust - Address by Shri Rohit Jain, Deputy Governor at t...
    Union Minister of Commerce and Industry Shri Piyush Goyal Highlights India’s Expanding Global Economic Engagement and Growing Integration with Globa...
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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.
September 25, 2026
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Global value chain integration advances trade partnerships, semiconductor capacity, and deep-tech innovation within broader economic engagement.
India's global economic engagement prioritises trade and economic partnerships to strengthen participation in global value chains and supply chains, facilitating cross-border movement of goods and services. The approach is linked to projected semiconductor demand and development of artificial-intelligence capabilities, alongside innovation, deep-tech startup support and private-sector space activity. The startup ecosystem is described as having expanded substantially, with current policy emphasis on deep-tech innovation and participation in global markets.
September 25, 2026
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Trade agreement review targets balanced, user-friendly, trade-facilitative rules to address asymmetries and strengthen regional commerce.
The ongoing review of the ASEAN-India Trade in Goods Agreement seeks to enhance trade flows, address trade asymmetries, and deliver a balanced, effective, user-friendly, and trade-facilitative arrangement for businesses. It forms part of India's commitment to mutually beneficial trade partnerships and regional trade arrangements.
September 24, 2026
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Portfolio management reforms broaden permitted investments, establish independent fund managers, and retain registered managers' responsibility for client portfolios.
Portfolio-management reforms replace the 2020 framework and expand investments into IPOs, primary-market debt, listed overseas equity and debt, and direct plans of Indian mutual fund schemes. Investment-grade unlisted non-convertible debt may comprise up to 10 per cent of client assets under management with client consent. Independent Fund Managers may operate with registered portfolio managers, which retain responsibility and liability. Accredited-investor eligibility is broadened, while specified compliance requirements are relaxed where adequate audit trails and internal controls exist.

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PBS, NPR stations struggle with Trump-fuelled government funding cuts

September 1, 2025

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New York, Aug 31 (AP) Coping with a sudden loss in federal funding, PBS affiliate KSPS in Spokane, Washington, faced a surprise extra hurdle. Many of its contributing members — at one point almost half — lived in Canada, and they were withdrawing support out of anger at President Donald Trump's desire to make the country the 51st member of the United States.

When Congress decided this summer to eliminate USD1.1 billion allocated to public broadcasting, it left some 330 PBS and 246 NPR stations, each with unique issues related to their communities and history, to figure out what that means.

Many launched emergency fund drives and are heartened by the response. The national NPR and PBS networks are reducing expected dues payments, and a philanthropic effort focused on the hardest-hit stations is taking shape. No stations have shut down, but job and programming cuts are already beginning.

In Spokane, KSPS has always tried to keep its requests for member donations separate from appeals for public funding. Not anymore. Congress left the station with a USD1.2 million hole to fill, about 18% of its budget, and the station is using that as a pretext to seek help from listeners.

“We have definitely seen some attrition from our Canadian members,” said Skyler Reep, the station's interim general manager.

Pleas for donations exceed expectations in many parts of country Long suspicious of a liberal bent to public media news coverage, Republicans in Congress responded to President Donald Trump's wishes in July and eliminated funding for the systems. The Corporation for Public Broadcasting, which distributes the funding, has taken steps to shut down.

In some parts of the country, the answer to pleas for help have exceeded expectations. Public radio station WHQR in Wilmington, N.C. raised more than USD200,000 in three days, filling a USD174,000 hole and then some. It's a small community growing fast with an influx of retirees, many who depend on the station's news to learn about their new home, said general manager Kevin Crane.

With USD525,000 gone from its budget, Hawaii Public Radio has already raised USD650,000 in an emergency fund drive. “It's a validation that what you're doing is essential to the community and is appreciated by the community,” said Meredith Artley, president and CEO. The 2023 wildfires in Maui and their aftermath were covered steadily by Hawaii Public Radio news reporters.

“The initial response in terms of support for both stations and the NPR network has been extraordinary,” said Katherine Maher, NPR president. “People did a lot of work leading up to the vote, in actions and calls. When that did not prove convincing, they turned to direct support.” Stations across the country have stories that make them smile: the youngster from Florida who collected money for public stations in Alaska, sending a note written in crayon; the regular USD300 donor who came in to PBS SoCal with a USD100,000 check, one of three six-figure donations the station has received.

Most stations aren't in areas with so many wealthy donors. Most station managers are like Jeff Hanks of PBS' LPTV in Lakeland, Minnesota. He lies awake wondering where he will find USD1 million to pay for things like his station's nightly newscast, a primary news source for central and northern Minnesota.

“These are extremely, extremely challenging times,” Hanks said. “We're fighting hard every way we can.” He knows membership donations won't make up for what is missing. Both PBS and NPR have taken steps to reduce the annual dues that stations pay for programming and other services. At PBS, it's an average 15% reduction, but needy stations get more — in one case, more than half of next year's dues will be forgiven, said PBS president Paula Kerger.

Adopting stations in poorer, more rural areas NPR is encouraging donors in wealthier areas to adopt stations in poorer ones, perhaps in an area where a contributor has emotional ties.

Public media leaders are also working with a group of philanthropists led by the Knight and MacArthur foundations that is hoping to raise some USD50 million to support stations in areas hardest hit be the cuts. Ed Ulman, president and CEO of Alaska Public Media, which represents nearly two dozen radio and television stations in the largest state, said he'll be seeking money from this fund.

Ulman said he's been buoyed by the response from Alaskans in their effort to raise USD15 million through various sources by October. The services their stations provide is free, and citizens see its value.

“I've never been worried about the future of public television or radio because our community needs us,” he said, “and what we've seen in Alaska is an outcry about that.” Still, Alaska Public Media has suspended the weekly public affairs television show “Alaska Insight,” which isn't returning after a summer hiatus. The future of “Indie Alaska,” a weekly video series highlighting the lives of Alaskans, is also in danger.

Some stations are already making the difficult decisions of cutting staff, In Spokane, for example, 12 of KSPS's 35 staff members have either been laid off, had their hours reduced or pay cut. Reep is also considering that future seasons of local shows like “Northwest Profiles” or the arts showcase “Inland Sessions” will have fewer episodes.

Similar programming decisions are also being weighed on a national level. While several upcoming shows, like Ken Burns' six-part miniseries “The American Revolution” scheduled for November, are completed, PBS will have to consider making shorter seasons of its series, Kerger said.

“We're working very hard so that the public doesn't feel that there's a change,” Kerger said.

Looking for ways to share services Between an increase in donations and “rainy day” resources set aside, the initial impact of the government action may be minimized. But that brings its own worries: It's unlikely public media will be able to count on sympathy donors to the same extent in the future. And there's a risk that some politicians will feel the response proves that public support isn't necessary.

The bigger reckoning may come a year from now, Kerger said. “I am a realist,” she said. “I have to believe that there are some vulnerable stations that are not going to make it.” The crisis is forcing some public stations to work together, searching for ways to share services in areas not before contemplated, in things like finances, management and programming, said Andy Russell, president and CEO of PBS SoCal. Public stations in Washington are meeting to see if they can get state financing.

In Los Angeles, PBS SoCal has shared some of its templates for fundraising appeals with other stations. Several celebrities — people like Kerry Washington, Jack Black, Ziggy Marley, John Lithgow and John Leguizamo — have volunteered to film pitches, and the station is making them available nationwide, too, said Maura Daly Phinney, senior vice president for membership engagement and strategy.

“We're going to make it,” Phinney said. “The system is going to be different. But we're going to make it.” (AP) NB NB

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