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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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Nykaa Takes Indian Beauty Global with UK Debut

September 11, 2025

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House of Nykaa celebrates the launch of Kay Beauty, the first beauty brand founded in India to be launched at Space NK, marking a new era for Nykaa and Indian beauty worldwide.

Nykaa proudly marks its UK debut with the launch of Kay Beauty, India’s largest celebrity beauty brand, exclusively at Space NK Mumbai, India, 11th September 2025: Nykaa, India’s preferred beauty and lifestyle destination that has revolutionized beauty consumption in the country, will celebrate its UK debut on September 11th in London. Having already established a strong presence in the GCC through its omnichannel platform, ‘Nysaa’, Nykaa now steps into the UK, showcasing the vision and ambition behind the House of Nykaa: a curated portfolio of dynamic in-house brands that capture the essence of Indian beauty and fashion, and are built for diverse consumers around the world.

The House of Nykaa Beauty portfolio is India’s second-largest homegrown beauty brand portfolio, with an annualized GMV run rate of approximately ₹2,300 crore as of Q1 FY 2026. Trusted nationwide, it has served over 13 million customers through online platforms and more than 38,000 physical distribution points, consistently delivering exceptional growth and performance.

From India with Pride: A Historic Celebration of Beauty and Ambition Nykaa proudly marks its UK debut with the launch of Kay Beauty, India’s largest celebrity beauty brand, exclusively at Space NK, the country’s most prestigious luxury beauty retailer. To celebrate this milestone, the company’s leadership will host an exclusive soirée today and raise a toast to mark this chapter at the George Club, Mayfair, London. Adwaita Nayar, Co-founder and Executive Director of Nykaa and CEO of House of Nykaa and Nykaa Fashion; Anchit Nayar, Executive Director and CEO of Nykaa Beauty, and Falguni Nayar, Executive Chairperson, Managing Director, and CEO of Nykaa; will welcome distinguished guests across key opinion leaders, senior beauty executives, and prominent members of the UK’s business and cultural community, reflecting Kay Beauty’s values of diversity and inclusivity.

Among the esteemed attendees will be dignitaries from the Indian High Commission, Margaret Mitchell, Chief Commercial Officer of Space NK, Nykaa’s partners who were instrumental in bringing Kay Beauty to the UK, and members of royal families from the GCC. Nykaa’s global brand partners, including leadership from Estee Lauder, Unilever Prestige, Puig, Charlotte Tilbury, and others, will also grace the occasion. The celebration will also feature renowned personalities such as Bollywood singer Kanika Kapoor; Queenie Singh, Founder of Beauty In Everything (BiE), along with her spouse Rishi Sethia; Samyukta Nair, the visionary restaurateur behind the Michelin-starred Jamavar in London; Pallak Seth, Vice Chairman & Director of PDS; and some of Nykaa’s key partners from Europe, including Vittoria, CEO of REGI Laboratories.

The exclusive soirée is set to follow the captivating launch celebration held on September 9th at Space NK, which was nothing short of a beauty lover’s dream. Legendary makeup artist Daniel Bauer led an intimate masterclass, sharing his signature techniques with an eager crowd. Iconic influencers and industry leaders came together to celebrate the launch while exploring bestsellers from Kay Beauty. Adding to the magic, the event was infused with contemporary Indian music and carefully curated cultural elements, creating a truly memorable experience.

Kay Beauty: A Brand Born from Passion and Purpose Co-founded in 2019 by Nykaa and Katrina Kaif, Kay Beauty was built on the belief that makeup should not only enhance but also care. Since then, the brand has won hearts across India—from major metro cities to tier 2 and tier 3 markets—serving over 2.5 million customers to date. Kay Beauty also has a strong offline presence and is available in more than 700 premium stores in India.

In just five short years, Kay Beauty, with its high-performance formulations, inclusive ethos, and skin-loving ingredients, has emerged as one of India’s most loved and fastest-growing beauty brands. Building on this success, the brand expanded into the GCC, where it quickly became one of the top five makeup brands on Nysaa. Now, with its debut in the UK at Space NK, Kay Beauty sets its sights on serving an even wider audience — crossing borders, cultures, and skin tones with beauty that’s diverse, effortless, and modern.

Adwaita Nayar, Co-founder and Executive Director of Nykaa and CEO of House of Nykaa and Nykaa Fashion, said, "Nykaa’s journey towards becoming a global beauty brand is built on small but significant steps. Following our success in the GCC, Kay Beauty’s launch in the UK of Kay Beauty marks our second milestone. This progress is driven by the confidence we draw from the incredible love and support of our customers across India. Their trust empowers us to confidently expand our vision and bring the best of Indian beauty to the world.” Looking Ahead: Dreaming Bigger, Shining Brighter Rooted in India’s rich beauty heritage and driven by an intimate understanding of consumer desires, Nykaa is proud to share its unique ethos with the world. The launch of Kay Beauty in the UK is a celebration of India’s dynamic and evolving beauty story, one that the global stage is eagerly embracing. This milestone marks the beginning of a bold new chapter for Indian beauty on the world stage.

*Over the years, the House of Nykaa - Beauty has evolved into a dynamic ecosystem of iconic in-house brands, including Nykaa Cosmetics, Kay Beauty, Dot & Key, Nykaa Wanderlust, Nykaa Perfumery, Earth Rhythm, and Nykaa Collection.

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

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