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    SUPREME COURT HIGHLIGHTS
    Government and RBI Strengthen Digital Lending Ecosystem Through New Regulatory Framework, Digital Lending App Directory and Enhanced Customer Safeguar...
    A First for India: EbixCash World Money's Perpetual RBI Licence Brings Trade and Family Remittances Within Reach of Millions - Unlocking Opportunities...
    Rationalisation of Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 – Draft Rules for Comments
    CARD91 offers its comprehensive PPI Suite to Indian Overseas Bank with RuPay NCMC Capability
    Government Expands FTAs, Export Promotion Measures to Diversify Export Markets
    PLI Schemes Attract Over ₹2.40 Lakh Crore Investment, Generate More Than 14.15 Lakh Jobs
    SC issues notice on Venugopal Dhoot's plea against order upholding separate insolvency for VIL, VOVL
    Russian Technology Leaders Visit AVPL Drone City to Foster Industrial Collaboration
    India’s 8th Trade Policy Review at WTO Scheduled on 21 and 23 July 2026
    India Becomes a Party to the WTO Agreement on Fisheries Subsidies by Depositing its Instrument of Acceptance
    FIRST PRESS RELEASE OF INDEX OF CORE INDUSTRIES OF NEW SERIES WITH BASE YEAR 2022-23
    Central Bureau of Narcotics (CBN) India thwarts illegal trafficking of 12 crore Tramadol Hydrochloride, a.k.a. “fighter drug” tablets under “Ope...
    Trump imposes 50 per cent tariffs on Canadian goods, citing disputes over autos, alcohol and cheese
    Rupee falls 6 paise to close 96.36 against US dollar
    India gets USD 20.72 bn forex inflows under swap facility since Jun: RBI
    J'khand aiming to increase GI-tagged products to 25, Atthe Mutton among those in pipeline: official
    Sensex declines by 443 pts on heavy selling in HDFC Bank, Axis Bank
    Strengthening Customer Grievance Redress: The Role of the Internal Ombudsman - Keynote address by Shri Swaminathan J, Deputy Governor at the Internal ...
    Nearly 55.49 Crore Users Onboarded on UPI as in June 2026
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    July 21, 2026
    Show AI Summary
    Supreme Court proceedings address juvenile adult trials, insolvency, electoral representation, environmental funds and foreign-exchange complaint requirements.
    Supreme Court proceedings covered election representation, criminal justice, insolvency and regulatory compliance. The Court considered challenges concerning political-party merger approval, separate insolvency proceedings for group entities, and espionage charges. It sought responses on an appeal mechanism for persons excluded from the National Register of Citizens and alleged non-utilisation of environmental relief funds. Criminal matters included medical assessment for interim bail, a fresh trial in a blast case, and the principle that a juvenile accused of murder may face adult trial where statutory conditions for a heinous offence are met.
    July 21, 2026
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    Digital lending safeguards require verified app associations, responsible recovery, data privacy, grievance redressal and reporting channels against illegal loan apps.
    Digital lending safeguards include a public directory enabling customers to verify a digital lending app's association with a regulated entity. The Digital Lending Directions, 2025 impose mandatory requirements on recovery practices, data privacy and customer grievance redressal for regulated entities, lending service providers and digital lending apps. Measures also include blocking illegal loan applications following due process, cybercrime reporting channels, complaint facilities for unlawful money collection, and public awareness programmes on fraud prevention and risk mitigation.
    July 21, 2026
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    Authorised Dealer Category-II remittances expand to specified trade and family-maintenance payments under the revised FEMA framework.
    FEMA framework revisions described as effective from May 2026 expand Authorised Dealer Category-II activities to include specified trade remittances and family-maintenance remittances, subject to the applicable RBI and FEMA framework. EbixCash World Money Limited states that its perpetual AD-II licence carries this expanded scope. The release describes a non-bank channel for MSME and SME cross-border payments, supported by Nostro-account settlement, remittance and travel-card services, and technology-enabled compliance measures including document verification, sanctions screening, fraud detection and transaction monitoring.
    July 21, 2026
    Show AI Summary
    Foreign investment regulation: Draft rules propose simpler, principle-based compliance and clearer separation of procedural requirements from investment policy.
    Draft Foreign Exchange Management (Foreign Investment) Rules, 2026 propose a simplified, principle-based foreign investment framework. The proposals rationalise provisions, harmonise definitions, and separate procedural foreign-exchange requirements from foreign direct investment policy and sector-specific conditions. They aim to streamline procedures, reduce compliance burdens, enhance operational flexibility, and apply investor-neutral and investee-neutral provisions while preserving regulatory safeguards. The draft Rules remain subject to public consultation before finalisation.
    July 21, 2026
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    Prepaid payment instrument programme adds mobility and gift card capabilities with digital servicing subject to applicable programme conditions.
    Prepaid payment instrument programme launched for Indian Overseas Bank through CARD91's technology stack, incorporating RuPay National Common Mobility Card and Gift Card capabilities. The programme was implemented following requisite approvals, testing and compliance validation. The RuPay NCMC facility supports prepaid, tap-based payments for metro, bus and parking transactions, subject to the bank's programme conditions and user eligibility. Digital card servicing may include balance enquiry, transaction history, reload or top-up functions, and customer support, subject to applicable programme terms.
    July 21, 2026
    Show AI Summary
    Free trade agreements and e-commerce export reforms expand preferential market access, address non-tariff barriers, and support small exporters.
    Export market diversification is advanced through trade agreements, export-promotion measures and capacity building. Free Trade Agreements seek preferential market access, increased trade and investment, and support for labour-intensive exports, while technical barriers to trade provisions and engagement mechanisms address standards, regulatory requirements and non-tariff barriers. Cross-border e-commerce exports are supported through trade-finance and compliance assistance, E-Commerce Export Hubs, District Export Hubs, simplified courier-export procedures, reverse-logistics facilitation, logistics planning, duty-and-tax remission, and MSME export facilitation.
    July 21, 2026
    Show AI Summary
    Production Linked Incentive Schemes strengthen domestic manufacturing through investment support, export growth, employment generation, monitoring and eligibility reforms.
    Production Linked Incentive Schemes for 14 sectors promote domestic manufacturing, investment, exports, employment and global competitiveness. Overall coordination and monitoring rests with the Department for Promotion of Industry and Internal Trade, while sector-specific implementation is undertaken by the relevant ministries and departments. Implementation is periodically reviewed, with scheme modifications, rationalised guidelines, relaxation of specified eligibility conditions, project monitoring, stakeholder consultation and inter-ministerial issue resolution used to improve uptake and strengthen domestic manufacturing ecosystems.
    July 21, 2026
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    Separate corporate insolvency processes remain contested over foreign asset treatment, specialised resolution needs, and creditors' commercial decision-making.
    Separate corporate insolvency resolution processes for VIL and VOVL are disputed following reversal of an earlier consolidation direction. Independent processes were preferred because the entities operate in distinct sectors and may require specialised resolution, while creditors' choice was treated as commercial wisdom not ordinarily open to tribunal interference. The dispute also concerns whether foreign oil and gas assets should be treated as VIL assets, against the background of VIL's conversion from co-obligor to corporate guarantor to ring-fence those assets from domestic business liabilities.
    July 21, 2026
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    Drone technology collaboration promotes joint manufacturing, technology transfer, rural entrepreneurship and global market access through an integrated industrial ecosystem.
    India-Russia industrial collaboration in drone technology is proposed through engagement on technology transfer, joint manufacturing, research collaboration, investment, exports and global market access. Drone City is presented as an integrated ecosystem covering manufacturing, research and development, testing, certification support, skill development, incubation, warehousing, startup acceleration and international technology partnerships. Its expansion and panchayat-level entrepreneurship programme are expected to create rural drone enterprises and employment in manufacturing, component production, quality control, maintenance, logistics and technical support.
    July 21, 2026
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    WTO trade policy review will assess India's trade measures, transparency framework, reforms, and responses to member questions.
    India's eighth Trade Policy Review under the World Trade Organization framework examines its trade policies and developments during the 2021-2025 review period. The process uses a Government Report and a Secretariat Report and provides a comprehensive peer examination of border and behind-the-border trade measures to promote transparency, predictability and understanding. The review addresses trade agreements, Goods and Services Tax rationalisation, digital trade-facilitation measures, and Member questions on digitisation, MSMEs, women's economic participation, Viksit Bharat and the Atmanirbhar Bharat Abhiyan.
    July 21, 2026
    Show AI Summary
    Fisheries subsidy disciplines promote sustainable marine resource use while excluding aquaculture and inland fisheries from their scope.
    The WTO Agreement on Fisheries Subsidies disciplines subsidies concerning marine wild-capture fishing and fishing-related activities at sea. It prohibits subsidies linked to illegal, unreported and unregulated fishing and fishing of overfished stocks, promoting conservation and sustainable use of marine resources. Aquaculture and inland fisheries remain outside its scope. India's fisheries management framework is identified as supporting implementation while preserving policy space and safeguarding the interests of traditional and small-scale fishers.
    July 21, 2026
    Show AI Summary
    Revised Index of Core Industries adopts a new base year, adds iron ore, and revises sector measurement methodology.
    The revised Index of Core Industries series adopts 2022-23 as its base year, replaces the former series and expands coverage to nine industries by including iron ore. Steel is measured using gross production data, while only raw coal is retained to avoid double counting. Weights are derived from the corresponding Index of Industrial Production series and normalised to 100. A geometric-mean linking methodology connects the former and revised series. June 2026 provisional estimates show overall year-on-year ICI growth, led principally by iron ore and electricity.
    July 21, 2026
    Show AI Summary
    Risk-based export controls exposed alleged pharmaceutical diversion, prompting NDPS enforcement against transnational illicit opioid trafficking networks.
    Risk-based export controls and intelligence-led enforcement under the NDPS Act, 1985 addressed an alleged attempt to divert an export consignment of high-strength Tramadol Hydrochloride tablets into illicit international channels. Enquiries with the International Narcotics Control Board and competent authorities indicated that the declared destination had been misrepresented. The action involved seizure of the consignment and arrests of persons alleged to be connected with the export arrangement and conspiracy. The operation emphasises risk-based profiling, export-control scrutiny, intelligence sharing, and international coordination against pharmaceutical diversion and transnational drug trafficking.
    July 21, 2026
    Show AI Summary
    Trade tariffs on Canadian goods target alleged discrimination against American automobiles, alcohol and dairy products under trade law.
    United States trade action imposes tariffs on most Canadian goods, citing alleged discriminatory treatment of American automobiles, alcoholic beverages and dairy products. The measures apply to goods previously protected under the United States-Mexico-Canada Agreement, subject to exclusions for energy products, potash, fish and critical minerals. The stated grounds include Canadian retaliatory tariffs, restrictions on American alcohol sales, treatment of dairy imports, and tariffs on certain United States motor vehicles outside preferential trade treatment.
    July 20, 2026
    Show AI Summary
    Foreign exchange market movement saw rupee depreciation amid geopolitical risk, higher crude prices, stronger dollar conditions and equity outflows.
    Foreign exchange market movement saw the rupee depreciate by 6 paise to close at 96.36 against the US dollar, amid global risk aversion, higher crude oil prices, escalating US-Iran tensions and rising US Treasury yields. Market commentary indicated that anticipated Reserve Bank of India intervention could limit further downside. The report also noted a stronger dollar index, domestic equity-market declines, foreign institutional equity outflows, and an increase in India's foreign exchange reserves.
    July 20, 2026
    Show AI Summary
    Concessional foreign-exchange swaps incentivise fresh FCNR(B) deposits and foreign borrowings to strengthen balance-of-payments liquidity.
    The concessional foreign-exchange swap facility incentivises fresh FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings to strengthen the balance of payments and support foreign-exchange liquidity. Its availability is time-limited, with FCNR(B) deposits eligible until September 2026 and OFCB and ECB inflows eligible until December 2026. Reported inflows were primarily mobilised through FCNR(B) deposits.
    July 20, 2026
    Show AI Summary
    Geographical indication recognition protects traditional product identity while supporting rural entrepreneurship, quality maintenance, digital access and artisan market opportunities.
    Geographical Indication recognition is being pursued for additional traditional products from Jharkhand to protect product identity and expand protected regional products. GI recognition supports cultural heritage, rural entrepreneurship and market access for artisans and primary producers. Post-registration measures emphasise product-quality maintenance and digital e-commerce access, alongside skill development, marketing initiatives, rural haats and support for non-farm sectors.
    July 20, 2026
    Show AI Summary
    Banking sector earnings concerns and geopolitical tensions pressured benchmark equities, while broader markets and selected defensive sectors gained.
    Indian benchmark equity indices declined following heavy selling in major private-sector banking shares amid concerns over weaker net interest margins and quarterly earnings. Banking and financial sector indices were the principal laggards. Renewed United States-Iran tensions, crude-oil concerns, global market weakness and reported foreign institutional investor equity sales added to investor caution. Broader domestic market indices nevertheless closed higher, with selected defensive and infrastructure-linked sectors recording gains.
    July 20, 2026
    Show AI Summary
    Internal Ombudsman independence strengthens fair customer grievance resolution, prevents escalation, and drives institutional learning from recurring complaint patterns.
    Internal Ombudsmen should independently review qualifying customer grievances to ensure fair, reasonable and timely internal resolution rather than mechanically affirming earlier decisions. Regulated entities should prevent eligible complaints from bypassing Internal Ombudsman review and should assess redress by the quality, transparency and fairness of outcomes, not merely complaint closure. Complaint patterns should be used for root cause analysis and institutional improvements, with Boards and senior management empowering Internal Ombudsmen and treating complaint trends as early-warning information. Technology may support analytics and faster processes but cannot replace judgment, empathy and impartiality.
    July 20, 2026
    Show AI Summary
    UPI security framework mandates advanced controls, alongside risk-based limits and authentication safeguards to strengthen payment ecosystem resilience.
    Unified Payments Interface is an NPCI-operated payment system authorised under the Payment and Settlement Systems Act, 2007. Cross-border UPI arrangements facilitate person-to-person remittances and person-to-merchant payments through partner institutions in multiple countries. Security measures include risk-based transaction limits, safeguards against unauthorised mobile-number changes and misuse of SMS-based authentication, and enhanced application-security requirements. The Comprehensive UPI Information Security Framework 2025 and Mobile Application Security Framework mandate advanced controls to strengthen UPI ecosystem safety and resilience.

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      TCL Introduces the TCL NXTPAPER 60 Ultra Smartphone, Combining Ultimate Eye-Comfort with Exceptional All-round Performance

      September 5, 2025

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      BERLIN, Sept. 4, 2025 /PRNewswire/ -- At IFA 2025, TCL reshapes the smartphone landscape with the launch of the TCL NXTPAPER 60 Ultra, the first smartphone with its latest revolutionary NXTPAPER 4.0 technology. Developed in collaboration with TCL CSOT, a global leader in display innovation, this smartphone embodies TCL's commitment to protecting user well-being. Enjoying a stunning 7.2-inch display, this industry's most comprehensive eye-care smartphone with multiple prestigious certifications from TÜV and SGS elevates eye comfort to a new horizon through its seven core eye-care technologies. Alongside enhanced AI-powered reading and writing experience and TCL's innovative self-developed MuseFilm imaging technology, this phone delivers unparalleled all-round flagship performance. In the era of the digital flood, the relentless screen exposure leads to chronic eye strain and focus drifts. As our eyes bear the brunt of this digital onslaught, driven by its unwavering commitment to make technology more human, TCL has long been dedicated to tackling this issue. The brand-new TCL NXTPAPER 60 Ultra is a testament to this mission, offering a groundbreaking eye-care solution that provides a sanctuary for eyes in the digital age. Its natural light display and immersive Max Ink Mode for effortless digital detox transforms screen time into calm, natural, and strain-free viewing experience. NXTPAPER 4.0: The Most Comprehensive Solution for Ultimate Eye Comfort and Peace of Mind Built on TCL's latest NXTPAPER 4.0 technology, this device is equipped with seven core eye-care technologies, including natural light display, zero flickering, blue light purification, reflection-free and anti-glare viewing, dim-light eye protection, circadian screen comfort, and TruePaper Restoration technology, bringing ultimate eye comfort and peace of mind to everyday use. Boasting the industry's first smartphone with natural light display and zero flicker, the new product provides a more refined, brighter and more natural display. With a massive 7.2-inch screen, this device leverages CPL (Circular Polarized Light) technology, where the light wave rotates in a circular motion to mimic natural light. In a way of preserving vivid visual details with professional-grade color accuracy (ΔE<1), it delivers a comfortable viewing experience as natural as looking at nature. Crafted to bring the essence of nature to your eyes, the display integrates multi-layer innovations, like anti-glare, reflection free, zero flicker, and blue light purification. NXTPAPER 4.0 also incorporates nano-matrix lithography technology, enabling a screen with exceptional clarity and vivid visuals. It offers users comfortable viewing akin to reading on a real paper and comfort comes naturally. The innovation extends beyond addressing major causes of eye strain to a holistic and human-centric solution. The SGS-certified dim-light eye protection detects the ambient light as soon as the screen is turned on and adjusts brightness to as low as 2 nits for effortless nighttime browsing. Circadian screen comfort subtly shifts brightness and color temperature in sync with your natural rhythm, maintaining vividness during the day and transitioning to warmer tones by night, creating a more natural viewing experience that adapts to your life anytime and anywhere, as soothing and authentic as nature itself. AI-Infused Reading & Writing: Improving Productivity and Unleashing Boundless Creativity Beyond delivering unparalleled visual comfort, the NXTPAPER 60 Ultra also provides ultimate reading and writing experience with its powerful AI capabilities. For writing, the device is equipped with T-Pen Magic, a low-latency, pressure-sensitive electromagnetic stylus, boasting the industry's first S+ level stylus experience certified by SGS. Combined with the TCL Note app that supports Mixed Input Formats, Easy Script, Memo Craft, and One Stroke to Form features, it delivers a paper-like writing experience that feels natural and intuitive, allowing for versatile creation anytime and anywhere. With AI-driven productivity tools, users can effortlessly access simultaneous interpretation, smart voice memos, summarization, rewriting—all with a single swipe, turning every moment into an opportunity for seamless creation and improved productivity. For reading, the upgraded Max Ink Mode, activated through NXTPAPER Key, offers an unmatched immersive and distraction-free reading experience for digital detox by blocking notifications. Users can explore rich book resources in six languages or import their own books to personalize the library. Equipping with AI-powered tools such as AI Outline, AI Q&A, AI Audiobook, and AI Podcast for better comprehension, NXTPAPER 60 Ultra transforms the way users engage with content. Competitive Periscopic Telephoto Meets Artistic MuseFilm Imaging Technology: Where Versatility Meets Art At its core, the device features a periscopic telephoto camera with full focal length shooting and impressive 50MP high imaging quality, allowing for diverse zoom levels, including 3x optical zoom and 6x lossless zoom, capturing beauty with intricate details both near and far with ease. Paired with dual OIS cameras and a main camera with 1μm big pixel size for exceptional motion capture and steady shots, the camera system delivers exceptional versatility. Notably, this device is the first in its price range to feature periscopic telephoto hardware. Complementing these advanced capabilities is its TCL-developed MuseFilm imaging technology, a breakthrough that revolutionizes smartphone photography by blending advanced camera performance with artistic expression. Unlike conventional smartphone cameras that simply record moments, MuseFilm transforms your phone into an art canvas. Every image feels cinematic, expressive, and meticulously composed. Reliable Flagship Performance for Everyday Excellence Beyond its eye-friendly display and cinematic imaging, the NXTPAPER 60 Ultra delivers absolutely all-round performance designed to help users stay on top of everyday demands. Powered by the latest MediaTek Dimensity 7400 chipset with 24GB RAM (12GB + 12GB RAM expansion), a massive storage of up to 512GB, and a 5200mAh battery with 33W fast charging, the NXTPAPER 60 Ultra ensures smooth multitasking and reliable all-day use without compromise. Built to handle the challenges of everyday life, the device is IP68 water and dust resistant, and works seamlessly with magnetic modular accessories. Technology for Good: NXTPAPER Phone for Junior With more and more children embracing phones at a young age, however, the harmful effects of prolonged screen time—from eye strain and cognitive overload to digital addiction—are now pressing issues that parents can no longer overlook. TCL steps forward with the TCL NXTPAPER 5G Junior, a dedicated smartphone for teenagers that combines NXTPAPER's industry-leading eye-care display with TCL-developed Digital Detox Mode for distraction-free viewing experience to let them see with comfort and grow with focus, while empowering teenagers to build healthy digital habits and engage deeply into learning. The exclusive parental guidance powered by Google Family Link ensures children's safety through pure content filter, real-time location tracking, and screen time and App control, giving children freedom to explore the digital world while giving parents peace of mind and full control. Together, these innovations reflect TCL's "Technology for Good" mission—creating devices that protect vision, nurture focus and help people of all ages enjoy healthier, more meaningful screen time. Pricing and Availability TCL NXTPAPER 60 Ultra (256GB ROM, with bundled accessories): RRP €499 TCL NXTPAPER 60 Ultra (512GB ROM, with bundled accessories): RRP €549 Availability: September 2025 in Europe & LATAM and APAC Optional accessories: MagFlip and T-Pen Magic. TCL NXTPAPER 5G Junior (256GB ROM, with default accessories): RRP €249 Availability: October 2025 in Europe Default accessories: 2 protective cases. Prices may vary by country. Figures calculated in the release are based on stringent internal testing procedures. For more information on TCL NXTPAPER 60 Ultra, please visit: https://www.tcl.com/global/en/mobile/tcl-nxtpaper-60-ultra To learn how NXTPAPER redefines eye comfort and explore the science behind this groundbreaking technology, please visit: https://www.tcl.com/global/en/nxtpaper-whitepaper About TCL Mobile TCL Mobile specializes in the research, development and manufacturing of smartphones, tablets and connected devices. On a mission to deliver 5G for all, TCL Mobile helps its customers 'Inspire Greatness' in their lives through industry leading technology and solutions. For more information on TCL mobile devices, please visit: https://www.tcl.com/global/en/mobile About TCL TCL is a leading consumer electronics brand and a global leader in the television industry. Operating in over 160 markets worldwide, TCL specializes in the research, development, and manufacturing of consumer electronics products, including TVs, audio systems, home appliances, mobile devices, smart glasses, commercial displays, and more. For additional information, visit the TCL website at https://www.tcl.com. (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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