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    Rupee settles with 5 paise gain at 95.17 against US dollar
    India weathered Hormuz disruption without fuel shortages: Puri
    RBI invites public comments on the draft Directions on ‘Credit Valuation Adjustment (CVA) Framework’
    RBI invites comments on the draft “Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Eleventh Amendment Directions, ...
    87 Proposals Received under BHAVYA Scheme during First Round of Phase-I
    India successfully concludes the 16th BRICS Trade Ministers' Meeting in Jaipur under its BRICS Chairship 2026
    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
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    August 7, 2026
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    Foreign capital inflows supported the rupee despite geopolitical uncertainty, oil-price pressures, and volatile global market sentiment.
    Foreign capital inflows supported a marginal strengthening of the rupee against the US dollar despite global risk aversion arising from uncertainty surrounding negotiations affecting the Strait of Hormuz. Higher crude oil prices and weak domestic equity sentiment remained relevant pressures. Near-term currency movement was expected to depend on developments in the negotiations, weekend decisions, US employment data, the dollar index, crude oil prices, and the reported increase in foreign exchange reserves.
    August 7, 2026
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    Energy security through diversified sourcing protected fuel supplies during Hormuz disruption and supports domestic exploration and alternative fuels.
    Energy security measures based on diversified crude oil and LPG sourcing, expanded infrastructure, increased domestic LPG production and alternative fuels were presented as maintaining fuel availability during disruption of shipping through the Strait of Hormuz. Domestic resilience is also linked to support for private deep-water oil and gas exploration, opening offshore acreage, and expansion of compressed biogas and ethanol blending. Ethanol-blended petrol testing identified limited contamination instances rather than a systemic issue, while excise duty reductions were described as cushioning consumers against global fuel-price volatility.
    August 7, 2026
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    Credit valuation adjustment framework revises derivative capital requirements through flexible basic approaches, hedge recognition, and risk-sensitive counterparty treatment.
    Credit Valuation Adjustment framework revisions align CVA capital treatment with final Basel III standards. Eligible banks may use the full or reduced basic approach, while banks with an insignificant volume of non-centrally cleared derivatives may calculate their CVA capital charge at 100 per cent of the counterparty credit risk capital charge. The draft also clarifies CVA hedge recognition, introduces risk weights sensitive to sector and credit quality, and separates systematic and idiosyncratic CVA risk in the full basic approach.
    August 7, 2026
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    Leverage ratio framework amendments propose Basel-aligned capital adequacy standards, with public feedback invited on the draft directions.
    Proposed amendments to the leverage ratio framework would revise Chapter VII of the 2025 Commercial Banks Prudential Norms on Capital Adequacy Directions to implement the Basel Committee's Leverage Ratio 2017 Standard. Public comments and feedback on the draft Eleventh Amendment Directions, 2026, are invited until August 28, 2026, through the designated online platform, postal submission, or email.
    August 7, 2026
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    BHAVYA Scheme project selection uses challenge-based evaluation of infrastructure, industrial ecosystems, and policy enablers under prescribed eligibility criteria.
    BHAVYA Scheme Phase-I proposals submitted by State and Union Territory governments will be evaluated and scored under prescribed eligibility and evaluation criteria. Challenge-based project selection considers connectivity and site suitability, quality of core, value-added and social infrastructure in the detailed project report, and the industrial ecosystem and policy enablers. The Scheme guidelines provide for completion of the first-phase selection process within one year from notification.
    August 7, 2026
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    Multilateral trade cooperation preserves developing economies' policy space while advancing MSME finance, diversified value chains and digital services.
    BRICS ministers adopted measures supporting a development-centred multilateral trading system with the World Trade Organization at its core, preservation of Special and Differential Treatment, binding two-tier dispute settlement, and developing economies' policy space for food security and public stockholding. MSME measures include study of an invoice discounting mechanism and credit-assessment principles focused on cash flow rather than collateral. Value-chain measures provide for a GVC Action Plan, technical cooperation, Special Economic Zone cooperation and digitised trade documents, alongside principles for trusted cross-border digitally delivered services.
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
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    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.

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      Final Countdown to InfoComm India 2025: Sneak Peek into Advanced AI-driven Solutions, Immersive Demos and 'Hidden Gems'

      September 4, 2025

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      India’s premier Professional Audiovisual event offers last chance to register before it prepares to welcome thousands. The show reinforces its importance as the nation leads as the fastest-growing Pro AV market in APAC Mumbai, Maharashtra, India (NewsVoir) The final countdown has begun for InfoComm India 2025, the nation's definitive tradeshow for Professional Audiovisual (Pro AV) and integrated experiences. Opening its doors from 9-11 September at the Jio World Convention Centre, Mumbai, the event is set to be a landmark edition, featuring a packed show floor spread across four halls, an insightful summit program, and a sharp focus on the real-world integration of Artificial Intelligence in the AV ecosystem. The 2025 exhibition will host an expansive showcase of 200 leading companies from 11 countries, making it a critical destination for sourcing next-generation technology. Attendees will have the first look at over 130 new product launches, with the range of innovation further expanded by 39 first-time exhibitors. This growth is exemplified by Jasmine Hall on Level 3, which has tripled in scale, featuring more than 40 exhibitors, making it a must-visit area. Key exhibitors include ET, Beenext, BXB, Drita, Extron, Hubris, Infonics, Silicon Radio House, Televic, Qizar and more. "India's Pro AV market is not just growing; it's innovating at an incredible pace, and InfoComm India is at the very heart of this transformation," said June Ko, Executive Director of InfoCommAsia. "This year, we are placing a major emphasis on AI readiness and practical, hands-on learning. From the show floor to the summit, attendees will discover tangible solutions and actionable strategies to navigate the next wave of technological advancement." AI Takes Center Stage on the Show Floor This year's exhibition will be a hotbed of AI-powered innovation. Attendees will get a firsthand look at next-generation solutions designed to create smarter, more efficient, and more engaging experiences. Key AI-driven products on showcase include: • BOSCH (D20): Demonstrating the IX Series DSP Amplifiers with an integrated TaskEngine for smart automation and intelligent zone control in complex AV environments. • DVSI (C33): Featuring AI:EX, an on-premise AV management system using AI for predictive support, NLP-based control, and intelligent troubleshooting. • IACTIVE TECHNOLOGY (K33): Unveiling the IActive W Pro Series, an all-in-one interactive flat panel with built-in AI for real-time feedback and task automation. • KORBYT (TE07): Presenting an AI Suite for Digital Signage that enables AI-driven content personalization and intelligent scheduling. • MODERN STAGE SERVICE (K20): Launching AI video generation solution that converts ideas and scripts into high-impact videos for advertisements, storytelling, and education, enabling users to create visually stunning, cost-effective, and personalized content at scale. • QIZAR SOLUTIONS (TH17): Displaying AIDA – camera equipped with 12G-SDI, a full bandwidth NDI®, Genlock, and AI auto-tracking to streamline workflow with superior versatility and professional results. • X-TEN AV (L26): Presenting XAVIA – AV industry’s first AI agent that streamlines workflow, automating designs, BOMs, proposals, reports, and project management for greater accuracy and efficiency. • WILDCARD TECHNO SERVICES (TD01): Presenting Yealink MeetingBar A40 – a compact video bar with AI audio, Intelli-Focus camera and touchscreen for seamless meetings. Other exhibitors with market-ready AI-driven solutions include Lumens Digital Optics Inc. (F20), Technoclass Edtech (TG10), Datavideo Technologies (CC01), Sennheiser (F10), and Stapes India (TE17). Explore even more solutions and exhibitors here. A Vibrant Show Floor: Hotbed of Innovation InfoComm India 2025 will serve as a launch pad for over 130 new-to-market solutions. Highlights from the show floor include: • BARCO (E20): Launching its ClickShare Hub: one of the first modular video conferencing room systems built on Microsoft Device Ecosystem Platform, enabling AI-assisted meeting experiences. • DATAVIDEO TECHNOLOGIES (CC01): Presenting the all-new 4K auto tracking PTZ camera with AI tracking, and its Auto Podcast solution. • LUMENS (F20): Unveiling its brand new VoiceConnect solution that features built-in voice detection, allowing auto-framing of active presenter, highlighting active speaker and intelligently follow conversations between multiple guests. • SENSES ELECTRONICS (G35): Debuting their 4K smart panel SenseTeam, with AI-enhanced camera and microphone, PIR sensor and secure NFC reader. Go Beyond the Booth: Immersive Demos, Workshops & Networking This year, InfoComm India is rolling out new experiences and initiatives: • Dedicated Demo Rooms: For the first time at InfoComm India, leading brands including HARMAN, JABRA, and SILICON RADIO HOUSE will host dedicated rooms on level 1 of JWCC for in-depth solution demonstrations. • AVIXA Xchange Live: For the first time in India, the thriving AVIXA Xchange online community comes to life on the show floor. This dedicated hub will host engaging discussions and in-person connections for groups including the AVIXA Women’s Council in Asia, Rising Professionals, AV Marketers, and the AV/IT Community. • Practical AVoIP Skills Workshop: On Day 3 (11 Sept), professionals can gain practical expertise in the "Mastering AV Networking" session. This expert-led training provides hands-on experience in configuring and implementing essential AVoIP protocols. • First-ever AVIXA CTS® Training in India: Demonstrating huge industry demand, AVIXA's in-person CTS® (Certified Technology Specialist™) preparation course, held for the first time in India from 7-9 September, is fully booked, offering a sold-out class a direct pathway to certification just before the show. The Summit is set to feature a lineup of more than 50 distinguished industry experts and thought leaders from across India and the globe, spread across over 60 dynamic sessions. This year, the spotlight is on AI – how it integrates into AV workflows, and how professionals can apply it meaningfully across various environments, including enterprise, education, government, and media. The show kicks off on 9 Sept, at 10.30 am with “Reimagining Boundaries: The Future of Business & Technology in 2030,” a high-powered panel discussion offering a glimpse into the transformative trends that will redefine industries. The InfoComm India Summit is free to attend for all registered visitors, except for select training sessions and workshops, which require a fee. The complete Show Program and Schedule are available here. Discover the "Hidden Gems" As a final call to visitors, the show encourages everyone to explore the unique networking and learning opportunities that make InfoComm India an unmissable event: • Regional AV Roundtable & Mixer: Taking place on 10 Sept, this is an exclusive, high-value networking event where system integrators, manufacturers, and solution providers converge to explore emerging trends and opportunities. • Sector-Focused Show Floor Tour: Happening on 10 Sept, at 11 am, this expert-led tour focuses on Smart Workplaces & Smart Classrooms. This is designed to help buyers find the specific solutions specific for creating intelligent and responsive ecosystems in workspaces and learning environments. • Welcome Networking Event: Co-organized with AVIXA, this session provides a dynamic platform for connecting with AV professionals and tech decision-makers from across industries. Plan Your Visit: Final Call for Registration Professionals and technology end-users are encouraged to register in advance to ensure seamless entry. Visitor registration is complimentary. Secure your show badge here. For complete show information, visit our website here. About InfoComm Asia Pte Ltd. InfoCommAsia Pte Ltd. extends its influence through three marquee shows: InfoComm Asia; InfoComm China, Beijing; and InfoComm India. Each show features an exhibition that showcases the world’s most cutting-edge and in-demand professional audiovisual and integrated experience technology solutions and a summit that presents learning opportunities. The shows bring together professional audiovisual industry players and top-level decision-makers from across different markets to tap into the vast potential presented by pro AV solutions. For more information, visit: infocomm-asia.com | infocomm-china.com | infocomm-india.com. (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI

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