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    Loyalty Juggernaut Advances Responsible AI with ISO/IEC 42001 Certification
    Draft Warehousing Operations Regulations, 2026 - uploading on the CBIC website for inviting comments/views/suggestions from stakeholders
    From Digital Banking to Resilient Banking – Technology, Cyber Security and AI as Pillars of Trust - Address by Shri Rohit Jain, Deputy Governor at t...
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September 25, 2026
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Stakeholder consultation on draft warehousing operations regulations requires structured comments submitted electronically within the prescribed consultation period.
Stakeholder consultation on the draft Warehousing Operations Regulations, 2026 is initiated through public-domain publication on the CBIC website. Comments, views and suggestions must be submitted within 15 days in a structured format identifying the relevant regulation number and title, proposed modification, and supporting reasons or remarks. Responses must be sent through the specified email channels in MS Word, a compatible format, or machine-readable PDF format.
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.
September 24, 2026
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Merchant discount rate on UPI merchant payments may be treated as a taxable payment settlement service with input credit availability.
GST treatment of MDR charged on UPI merchant payments above Rs 2,000 is to be considered by the GST Council. The MDR framework imposes a merchant-borne charge for payment processing and settlement. As these activities are services, MDR may attract GST at 18 per cent, subject to the Council's view. Merchants paying GST on MDR may claim input tax credit, potentially reducing their net tax burden.
September 24, 2026
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Fiscal responsibility limits frame cautions on new projects as budgetary discipline rather than financial crisis.
Finance-department advice treats fiscal indicators as grounds for restraint in approving additional expenditure rather than as evidence that funds are unavailable. Funding new projects may be difficult until additional resources are mobilised or allocations already approved are reallocated. Project proposals lacking budgetary provision or earmarked funding may create cash-flow pressures and fiscal-management challenges, requiring deferment until resources are finalised.
September 24, 2026
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Corporate document forgery allegations trigger investigation into unauthorised insolvency consortium participation and disputed share transfers.
An FIR concerns alleged cheating, forgery, criminal conspiracy, corporate-document misuse, and unauthorised financial liabilities arising from participation in a corporate insolvency resolution process. Allegations include entering a consortium arrangement without the Parekh Group's knowledge or authorisation, reliance on a fabricated and unapproved board resolution, and unauthorised transfer of shares to a group-controlled entity. Investigation covers disputed-record authenticity, alleged digital-signature misuse, and financial transaction trails.
September 24, 2026
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Energy security shapes continued Russian crude sourcing as alternative suppliers replace shortfalls amid potential sanctions-related restrictions.
Russian crude imports are operating near 1.8 million barrels daily in September, with refinery maintenance, stronger Chinese buying, and disruptions to Russian export infrastructure constraining availability. Middle Eastern supply, especially from Iraq and Saudi Arabia, has offset reduced Russian volumes. Potential tougher restrictions on countries purchasing Russian oil could complicate procurement, but energy security and tight physical oil markets make a significant near-term reduction in Russian crude purchases unlikely. Replacement remains technically possible but may raise procurement costs and competition for medium-grade crude.
September 24, 2026
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Direct tax payment gateway integration enables nationwide payments through digital options, branch channels, and customers' respective internet-banking services.
IDFC FIRST Bank's payment-gateway integration for Central Board of Direct Taxes collections enables Direct Tax payments through UPI, credit cards, debit cards, Retail and Corporate Internet Banking, and branch-based cheque, demand draft, or cash payments. Customers of other banks may use their own internet-banking facilities through the gateway. Taxpayers create a challan on the Income Tax e-Filing Portal, select Payment Gateway and IDFC FIRST Bank, choose a payment mode, complete payment, and download or print the paid challan. Payment confirmations are also accessible.
September 24, 2026
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Insurance distribution controls target commissions, expenses and loan-linked sales, reshaping bancassurance arrangements and intermediary remuneration structures.
IRDAI's consultation proposals for insurance distribution contemplate lower Expenses of Management limits, tighter commission controls, and greater control over loan-linked insurance practices. The prospective framework concerns insurer and intermediary remuneration, distribution expenses, and bancassurance fee structures. Reported concerns centre on potential effects on insurer earnings, intermediary economics, and lending-linked distribution arrangements; the measures are not described as final operative obligations or enforcement action.
September 24, 2026
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Personal loan eligibility and repayment planning: loan variants and digital applications remain subject to assessment, verification, and applicable terms.
Eligible customers may seek collateral-free personal loans within stated amount, tenure and interest-rate ranges. Loan amount, interest rate and tenure determine the EMI and total interest payable, while calculator results are estimates rather than final repayment obligations. Eligibility includes nationality, age, employment and credit-score conditions, but approval, final pricing and loan amount remain subject to lender assessment, document verification and applicable terms. Online applications require personal, financial and employment details and KYC verification.
September 24, 2026
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Nidhi company deposits lack insurance protection, requiring verification of government declaration before relying on high-return promises.
Each company seeking to function as a Nidhi must file Form NDH-4 for declaration or updated Nidhi status and comply with the Companies Act, 2013 and applicable Nidhi Rules. Nidhi companies may accept deposits and grant loans only to members. Public investors should verify declared Nidhi status rather than rely on unusually high-return promises, agent representations, or informal assurances. Deposits with Nidhi companies are not insured by the Deposit Insurance and Credit Guarantee Corporation, and recovery may be difficult where a company fails or fraud occurs.
September 24, 2026
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FCNR(B) liquidity deployment remains within banks' discretion, guided by credit pipelines, asset-liability positions, and prudent underwriting standards.
Banks retain full discretion to deploy liquidity mobilised through FCNR(B) deposits, based on their credit pipeline, lending proposals, liquidity outlook and asset-liability position. No sector-specific direction applies to use of these funds. FCNR(B) deposits are fixed-term foreign-currency deposits in which principal and interest are repayable in the same foreign currency, protecting non-resident depositors from direct rupee exchange-rate risk. Continued prudent credit appraisal and underwriting standards are expected.
September 24, 2026
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Compulsory Muslim marriage registration shifts registration to registrars under a statewide procedural framework, with local officials authorised when needed.
Compulsory registration of Muslim marriages will operate under the Assam Muslim Marriage Registration (Compulsory) Rules, 2026, framed under the Assam Compulsory Registration of Muslim Marriage and Divorces Act, 2024. Registration will be undertaken by registrars, with panchayat-level officials potentially authorised where application volumes require additional capacity. The framework addresses the registration forum after kazis were barred from registering Muslim marriages.
September 24, 2026
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Macroeconomic resilience supports fiscal consolidation, financial-sector stability, and orderly foreign-exchange management through persistent global and market shocks.
Policy management emphasises clear communication, policy certainty, macroeconomic and financial-sector stability, efficient use of buffers, and sustained structural reform. Fiscal prudence is treated as necessary to avoid unsustainable stimulus and preserve long-term stability. External-sector resilience rests on services exports and remittances, while oil and gold shocks and weaker capital inflows have created temporary balance-of-payments pressure. Further improvement is linked to lower oil dependence, export diversification, trade agreements, capital inflows and orderly foreign-exchange market management.
September 24, 2026
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Software export growth strengthens IT ecosystem as campus expansion supports startup activity, infrastructure development, and skilled employment.
Software export revenue generated by Technopark reached Rs 17,092 crore in FY 2025-26, reflecting year-on-year growth of approximately 17.3 per cent. Growth is attributed to IT infrastructure, a skilled talent base, and company performance. Technopark also operates as an IT and ITeS hub and startup ecosystem centre, with ongoing campus development intended to expand its position among major IT hubs.
September 24, 2026
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Artificial intelligence centre of excellence partnership advances industry-aligned training, supervised internships, startup mentorship, and applied research collaboration.
IIEST Shibpur and Tata Consultancy Services have entered into a Memorandum of Understanding to establish an Artificial Intelligence Centre of Excellence at the Electrical Engineering Department's high-performance computing laboratory. The collaboration supports industry-aligned training, professional certifications, practical projects, supervised internships, startup mentorship, curriculum benchmarking, and applied research in natural language processing, computer vision, image processing, and advanced data analytics.
September 24, 2026
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Money-laundering searches prompt protests over alleged political misuse while operations continue at public development offices and residences.
Enforcement Directorate search and survey operations connected with a money-laundering investigation continued at development authority offices and premises linked with housing administration, a realty company, and private residences. AAP workers protested against the searches, alleging political and administrative pressure through central investigative agencies. The party further alleged that the operations could disrupt the development authority's functioning and impede Punjab government welfare schemes.

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New Home in Europe: ZYT unveils European strategy at IAA Mobility 2025

September 10, 2025

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MUNICH, Sept. 9, 2025 /PRNewswire/ -- On September 8, ZYT (ZHUOYU Technology) made its European debut at the IAA Mobility 2025 in Munich, Germany, officially unveiling its European strategy to the global audience. ZYT Establishes German Branch in Braunschweig, Accelerating Localization Efforts in Europe Europe, as the birthplace and innovation hub of the automotive industry, represents a pivotal market in ZYT's global strategy. Taking Germany as its strategic fulcrum, ZYT has set up its German entity in Braunschweig, a key automotive industrial center, and appointed Nils Oldemeyer as the head of its European region. Focused on expediting the establishment of a localized operational system, the German branch has initiated the formation of a multi-functional team encompassing R&D, testing, business development, and other functions, aiming to swiftly respond to and deeply support the needs of the European market.

Leveraging its newly established German branch, ZYT will prioritize deepening cooperation with leading European automakers, focusing on meeting the demand for cost-effective intelligent driving solutions from both European Original Equipment Manufacturers (OEMs) and Chinese automakers expanding overseas. The company plans to deploy scalable Advanced Driver-Assistance Systems (ADAS) and autonomous driving solutions in phases, covering a spectrum from L2 driver assistance to L3/L4 autonomy, with a strong emphasis on constructing redundant safety architectures to ensure its technological systems comply with EU regulatory requirements. Simultaneously, ZYT will introduce smart cockpit solutions, multimodal interaction platforms, and next-generation perception modules (such as LiDAR-camera fusion systems) to the European market, further enhancing its product portfolio. It is anticipated that within the next year, ZYT's test vehicles and testing scenarios deployed across Europe will cover the entire territory of Germany, with ongoing and increasing investments in computing power and infrastructure development in Europe in the future.

Four Exhibition Zones Comprehensively Showcase Integrated Hardware-Software and Full-Stack Self-Developed Technological Achievements To fully demonstrate its technological prowess for the global market, ZYT has meticulously crafted four exhibition zones. The Sensor Zone prominently features the industry's pioneering automotive-grade LiDAR-vision integrated sensing solution, "Jimu 2.0," which achieves millisecond-level synchronization between LiDAR and cameras through its "front-end fusion" algorithm. Additionally, the all-solid-state ultra-wide-angle short-range LiDAR, "ZHIZHOU," boasts an exceptionally large field of view, specifically designed to address blind spot challenges. The Domain Controller Zone exhibits a flagship solution based on NVIDIA's DRIVE AGX Thor chip, supporting the deployment of multimodal large models and capable of responding to complex scenarios within a hundred milliseconds. The SA8775P integrated cabin-driving controller, developed in collaboration with Qualcomm, makes its European debut, realizing dual functions of intelligent driving and cabin control through a single chip, reducing costs by approximately 30%. Furthermore, the in-vehicle drone system is being showcased in physical form in Europe for the first time, supporting dynamic takeoff and landing, intelligent vehicle following, and deep integration with the cabin.

The Volkswagen Joint Exhibition Zone showcases the enhanced assisted driving system IQ.Pilot, which solution has recently passed the rigorous triple-party A-SPICE CL2 audit within Volkswagen's system, and ZYT has also become the first supplier in China to successfully undergo a joint audit by Volkswagen Group, FAW-Volkswagen, and SAIC Volkswagen. Centered around Volkswagen's "Equal Intelligence for ICE and EV Vehicles" strategy, ZYT, as its core partner, is fully advancing the IQ.Pilot project aimed at upgrading intelligent driving capabilities for the MQB fuel platform.

In-Depth Technical Dialogue Dismantles the Future of Assisted Driving During the exhibition, ZYT successfully hosted a series of events, gathering global industry partners to explore the future of intelligent mobility. In the Technical Talk with CTO session, MA Lu, Chief Technology Officer at ZYT, showcased the company's ecological collaboration achievements and strategic outlook with leading international firms like Qualcomm and NVIDIA. He emphasized that leveraging Qualcomm's Snapdragon Ride™ platform, ZYT has not only achieved mass production of vehicles equipped with the SA8650P intelligent driving platform but also pioneered the first map-free urban navigation solution powered by the next-gen SA8775P integrated cabin-driving chip. This milestone marks a pivotal shift from technological innovation to scalable commercialization. ZYT has also developed a flagship intelligent assisted driving solution based on the NVIDIA DRIVE AGX Thor in-vehicle computing platform and supported by ZYT's fully independent algorithms.

Looking ahead, ZYT will deepen partnerships to drive the integration of generative AI and large-scale models into intelligent driving systems, accelerating the evolution and widespread adoption of L2 to L4 autonomous technologies.

Notably, Hongqi Tiangong 05, powered by Qualcomm's SA8650P intelligent driving platform, completed rigorous testing across Munich's urban roads and highways. The vehicle successfully navigated complex European driving scenarios, including roundabouts, narrow lanes, and mixed traffic with trams, underscoring its exceptional adaptability to global road conditions.

This European road validation not only demonstrates the technological maturity of the platform but also confirms its readiness for worldwide deployment. The test results further affirm that the jointly developed intelligent driving solution excels in diverse environments, providing a robust foundation for future international expansion.

Adhering to the core philosophy of "In Europe, for Europe," ZYT will continuously promote the large-scale popularization and innovative application of intelligent driving technologies through its full-stack self-developed technology system and open industry collaboration. ZYT's participation in IAA not only announces its establishment of a presence in Europe but also represents a joint effort with global suppliers and OEM partners to build an industry ecosystem, injecting new momentum for transformation into the global intelligent mobility market.

(Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR

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