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    USIBC bats for early conclusion of India-US trade deal
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    Centre to borrow Rs 7.86 lakh cr in Oct-Mar, FY27 borrowing slashed by Rs 1.2 lakh cr
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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
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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.

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The Avestagenome Project® and 'Longevity India' Initiative of Indian Institute of Science (IISc) Sign Landmark Agreement

September 10, 2025

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To Advance Scientific Research in Aging, Longevity and Precision Healthcare BENGALURU, India, Sept. 9, 2025 /PRNewswire/ -- Avestagenome Project® International Pvt. Ltd., a trailblazer in genomics and preventive health innovation, has entered into a landmark research collaboration with the 'Longevity India' Initiative of Indian Institute of Science (IISc), India's premier scientific research institution. This partnership marks a significant milestone in understanding the biological foundations of aging and developing solutions to extend healthy life spans through precision healthcare. A Vision Rooted in Science and Service The collaboration reflects the long-term vision of Dr. Villoo Morawala-Patell, Founder and CMD of Avesthagen Limited & The Avestagenome Project®, who has passionately championed the role of science in serving society. Dr. Morawala-Patell has long believed that decoding the genetic heritage of the Zoroastrian-Parsi community could provide unprecedented insights into human longevity and disease prevention. Through The Avestagenome Project®, she has built a platform that integrates genomics, systems biology and translational medicine to uncover the molecular drivers of aging and chronic diseases. This agreement with Longevity India, IISc moves that vision from possibility to action—combining data, scientific rigor and innovation to bring the future of healthcare closer to the present. Longevity India, under the leadership of its Convenor Prof. Deepak Saini, has been at the forefront of deep diving into and understanding the pathways involved in aging and longevity. Now, through a strategic partnership with The Avestagenome Project®, they will collaborate on pioneering R&D efforts to identify and validate novel biomarkers as well as to develop new therapeutic approaches for age-related diseases. Drawing upon Longevity India's scientific leadership and The Avestagenome Project®'s rich Biobank and multi-omics expertise, the two organizations will jointly design and execute research initiatives. These efforts will leverage advanced genomic, lipidomic and epigenetic profiling to uncover the mechanisms underlying healthy aging and translate these discoveries into population-specific diagnostics, AI-enabled risk models, and innovative therapies tailored to extend healthy lifespans. A Strategic Academic-Industry Collaboration Avesthagen brings to the partnership its globally recognized The Avestagenome Project®, which includes a robust, deeply annotated Biobank and multi-omics datasets derived from the genetically distinct Zoroastrian-Parsi population. Longevity India, IISc brings its unparalleled scientific expertise, advanced laboratory infrastructure and collaborative research environment. Together, the institutions will design and execute joint research projects, seek funding through national and international grants and translate scientific discoveries into clinically meaningful outcomes. Project 1: Uncovering Cardiovascular Risk Through Genomic and Lipidomic Integration The first project under this collaboration focuses on cardiovascular disease, one of the leading causes of death globally. Researchers will study cholesterol and its oxidized derivatives—known as oxysterols—in individuals with and without cardiovascular disease from the Parsi community. These biomarkers will be analyzed alongside whole genome sequencing data to uncover genetic variants associated with elevated cardiovascular risk. By integrating lipidomic and genomic data, the project aims to identify early warning signs and population-specific risk factors that could lead to the development of personalized screening and prevention strategies. Project 2: Tackling Cellular Aging Through Mitochondrial Research and Natural Compounds The second collaborative project aims to understand how cellular aging is linked to mitochondrial dysfunction—declining energy production and increasing stress within cells. Using proprietary plant-based natural compound libraries developed by Avesthagen, researchers at Longevity India, IISc will screen for compounds that can restore mitochondrial function and enhance cellular resilience. The project will also apply advanced epigenetic profiling techniques to study how aging affects gene regulation and stress responses. The outcomes are expected to lay the foundation for developing novel therapies for age-related diseases such as Alzheimer's, Parkinson's, diabetes and other degenerative conditions. Building a New Model for Translational Health Research This partnership represents a powerful convergence of academic excellence and translational intent. Longevity India, IISc contributes foundational research experience, interdisciplinary teams and access to cutting-edge technology. The Avestagenome Project® offers a rare population Biobank, proprietary data and a roadmap for converting insights into tangible products and services. Together, the collaboration demonstrates how academia and industry can work in concert to deliver real-world impact. Delivering on the Promise of Precision Health The expected outcomes of this partnership include the discovery of novel disease biomarkers, development of population-specific diagnostics, creation of AI-enabled risk models and training of next-generation scientists. Peer-reviewed publications, intellectual property generation and pilot projects for commercial diagnostics and therapeutics are also anticipated. Leader's Perspective "We are thrilled to collaborate with Longevity India, IISc in decoding the molecular blueprint of healthy aging," said Dr. Villoo Morawala-Patell. "This partnership reflects the heart of our mission—to turn the power of genomics and systems biology into solutions that improve lives. It is my vision to see science not just as discovery, but as delivery—delivering better health, longer life and affordable care for all. I am proud to be associated with Prof. Deepak Saini, IISc and the Longevity India Project." "Through this partnership, we have a unique opportunity to compare the genetic landscape of India's diverse population with the remarkable Zoroastrian-Parsi genome. By leveraging complementary expertise and resources, we aim to reveal how distinct genetic backgrounds influence healthy aging—and use these insights to create tailored strategies for longevity and disease prevention that benefit all communities," said Prof. Deepak Saini. Looking Forward This agreement marks the beginning of a long-term journey, one that places Indian science and innovation at the forefront of the global movement toward precision health. As this collaboration deepens, it will become a model for how data-driven research, ethical innovation and inclusive public health can together shape a healthier, longer-living future for all. Media Contact: [email protected] Logo: https://mma.prnewswire.com/media/2768775/Avesthagen_Logo.jpg' alt='Embedded Media' /> (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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