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September 3, 2026
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FCNR(B) deposits strengthen foreign-exchange liquidity and support rupee appreciation alongside foreign portfolio inflows into government securities.
Foreign-currency inflows through FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings strengthened foreign-exchange liquidity and supported appreciation of the rupee against the US dollar. Foreign portfolio investment in government securities was linked to the abolition of withholding tax and long-term capital gains tax on such investment. Currency-market conditions were also influenced by foreign institutional equity purchases, global risk appetite, crude-oil prices and geopolitical tensions.
September 3, 2026
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Electric vehicle adoption can reduce transport import dependence while domestic battery manufacturing increases projected long-term savings.
Electric-vehicle adoption across road-transport segments is projected to reduce dependence on imported petrol and diesel, notwithstanding continuing battery imports. Accelerated electrification could reduce vehicle-related import expenditure substantially by 2050 because reduced oil imports are expected to exceed battery-import costs. Domestic cell-manufacturing capacity may further increase savings by combining rapid vehicle electrification with battery localisation.
September 3, 2026
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Women's livelihood credit access will extend beyond self-help groups through standardised loan formalities and coordinated banking support.
Women's access to credit for livelihood expansion is to extend beyond Self-Help Groups to individual women members. Loan accessibility concerns include distance from bank branches, repeated visits to complete formalities, and inconsistent banking procedures. Regular State Rural Livelihood Mission meetings, bank participation, training, helplines, process improvements and coordination with bankers are intended to reduce barriers. Loan formalities are to be standardised across banks through a uniform process involving RBI and NABARD.
September 3, 2026
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Industrial development facilitation prioritises infrastructure, services, policy utilisation, and dry-port trade connectivity for businesses and agro-based farmers.
Industrial development facilitation extends beyond allocation of industrial plots to infrastructure development, services, and a favourable business environment. Industry-support policies seek to encourage participation by entrepreneurs, promote growth across sectors, and improve investment conditions without distinction between small and large enterprises. Dry-port infrastructure strengthens national and international trade connectivity, supporting import and export expansion for industrial and agro-based businesses.
September 3, 2026
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Regulated fintech infrastructure recognition highlights integrated payment, identity and collections capabilities across embedded financial product delivery.
Decentro operates an integrated fintech infrastructure platform combining payment acceptance, identity verification, banking and AI-led collections through a unified integration layer. It holds Payment Aggregator authorisations for online and physical payments, a Payment Service Provider licence through its GIFT City entity, and certification for offline identity-verification workflows. These capabilities support embedded financial products, payment acceptance, lending collections and related financial workflows for enterprise users.
September 3, 2026
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Responsible NBFC and HFC growth requires technology-enabled inclusion, proportionate regulation, sound governance, liquidity discipline, customer protection and cyber resilience.
NBFCs and HFCs can complement bank-led credit delivery through last-mile reach, sector-specific expertise, digital infrastructure, consent-based data sharing and cash-flow-based underwriting. Sustainable growth requires strong liquidity risk management, governance, compliance culture, diversified funding, stress testing, early-warning systems, dynamic provisioning and sound underwriting standards. Proportionate scale-based regulation, digital lending standards and a substance-over-form approach seek to support innovation while preserving financial stability. Customer protection, responsible lending, grievance redressal, fair recovery conduct, cyber resilience and protection of customer data remain essential.
September 3, 2026
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Debenture trusteeship fee fixing constitutes cartelisation by constraining independent pricing and restricting service availability in the market.
Collective minimum-fee fixing for debenture trusteeship services prevented trustees from making independent commercial pricing decisions and constituted cartelisation. Prescription of a benchmark fee limited and controlled the supply or market for such services by directing association members and non-members not to serve debenture issuers below that fee. The conduct contravened Section 3(3)(a) and Section 3(3)(b) read with Section 3(1) of the Competition Act, 2002.
September 3, 2026
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Digital textile printing enables flexible industrial production, shorter lead times, reduced screen dependency and sustainability-focused manufacturing for export markets.
Digital textile printing is presented as an industrial alternative to conventional screen printing, allowing direct production from digital design files with faster design changes, shorter lead times and flexibility across varying order quantities. Single-pass systems support high-volume production through fixed printing units and continuous fabric movement, while multipass platforms provide flexible production across natural, synthetic and specialised textiles. Digital production is associated with printing closer to demand, eliminating physical screens, reducing unnecessary production, and addressing wastewater reduction, chemical compliance, traceability and responsible manufacturing expectations.
September 3, 2026
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Economic growth and infrastructure investment were presented as supporting exports, skilled employment, connectivity, and long-term development.
Economic growth, export expansion and infrastructure investment are presented as interconnected drivers of India's development, global standing and employment opportunities. Infrastructure expenditure, railway expansion and improved transport connectivity are identified as measures intended to facilitate movement, simplify transportation, support trade and exports, and strengthen industrial and commercial activity. These measures are associated with the objective of a developed India by 2047 and enhanced employment, business and growth opportunities.
September 3, 2026
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Co-location and dark fibre settlement addressed allegations of preferential market-data access and speed advantages in trading.
SEBI's co-location and dark fibre matters involving NSE concerned allegations that certain stockbrokers obtained unfair preferential speed advantages to access market data and execute trades ahead of other investors. NSE pursued settlement applications covering both matters, and revised settlement terms increased the cumulative amount. Payments made by NSE together completed the agreed settlement amount.
September 3, 2026
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Preferential tariff treatment remains the condition for finalising the bilateral trade agreement and improving Indian export competitiveness.
Finalisation of the India-US Bilateral Trade Agreement is contingent on the United States extending preferential tariff treatment to India relative to competing supplier countries. Further negotiations are required following changes in the United States tariff environment. A comparative tariff advantage is intended to improve the price competitiveness of Indian goods in the United States market, particularly against competitors benefiting from lower duties under least-developed-country preferences or trade agreements.
September 3, 2026
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MSME secured lending equity capital, subject to regulatory approval, supports expansion without management-control change in operations.
Business Nextgen Finance Private Limited, a non-deposit taking non-banking financial company registered with the Reserve Bank of India, has raised Rs 215 crore in equity capital to expand secured credit for micro, small and medium enterprises. The transaction received prior Reserve Bank of India approval. The capital base will support secured lending scale-up, geographic expansion, technology investment and wider access to formal credit in underserved markets. The investment does not involve a change in management or day-to-day control.
September 3, 2026
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Money-laundering probes into narcotics trafficking rely on predicate police and narcotics cases and examine cross-border linkages.
Money-laundering investigation under the Prevention of Money Laundering Act involves coordinated searches in connection with multiple narcotics-trafficking matters. The investigation is founded on police and Narcotics Control Bureau FIRs and linked chargesheets concerning separate drug-trafficking allegations, including alleged trafficking in methamphetamine, marijuana and MDMA with suspected cross-border linkages.
September 3, 2026
Show AI Summary
Conversational AI account management enables businesses to access payment information, settlement support, refunds, and payment links through WhatsApp.
RAY is a conversational AI account manager on WhatsApp that enables businesses to access payment information, support, and operational actions through messages or voice notes. It can provide payment summaries, analyse payment activity, monitor settlement status, generate payment links, and issue refunds. The AI assistant is designed to proactively identify payment-health issues, flag settlement events, recommend actions, and use merchant-specific context to support payment management without dashboard navigation.
September 3, 2026
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Portfolio management services distribution enables certified mutual fund distributors to digitally onboard and report for eligible high-net-worth clients through AssetPlus.
AssetPlus has launched Portfolio Management Services for certified Mutual Fund Distributor partners to digitally onboard, track, manage and report PMS investments for eligible high-net-worth clients. PMS distribution requires NISM Series-XXI-A certification and operates within the APRN distributor-registration framework. PMS comprises individually managed portfolios run by SEBI-registered Portfolio Managers and held in clients' demat accounts. The minimum investment is Rs. 50 lakh, and offerings are governed by the SEBI (Portfolio Managers) Regulations, 2020. The platform provides daily reconciliation of holdings, performance and valuations.
September 3, 2026
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NPOP-certified ethnic rice exports strengthen organic producer access to international markets through certification, traceability, and organised export production.
NPOP-certified ethnic rice exports from Tripura to Austria and the Netherlands connect local farmers and Farmer Producer Companies with international markets through organised, export-oriented production. The initiative emphasises certification, traceability, food safety and quality as requirements for access to markets for certified organic products. Buyer-seller linkages support export opportunities, while coordinated organic value-chain engagement strengthens certification and quality systems and supports producers in meeting international standards.
September 3, 2026
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Gated residential community launch combines smart-home villas, extensive lifestyle amenities and planned expansion into future residential developments.
VR LIVIN Ventures LLP launched 'THE FIRST', an 83-villa gated residential community in Madhavaram, North Chennai, which recorded sales of 20 villas during its first two launch days. The development includes smart-home villas and more than 50 lifestyle amenities, with access to nearby metro connectivity and social infrastructure. It forms part of the company's intended expansion of residential projects in Chennai and other South Indian locations.
September 3, 2026
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GST rationalisation for amusement park admissions could lower ticket prices, stimulate consumer demand, and support investment without input tax credit.
GST rationalisation for amusement park, water park and indoor entertainment admission tickets is sought through a flat 5% GST rate without Input Tax Credit. The proposed rate is intended to reduce ticket prices, improve affordability and increase customer demand in a capital-intensive tourism and entertainment sector. Many smaller and mid-sized operators report limited ability to offset GST liability through ITC. Lower taxation is projected to support facility expansion, revenue growth, new investment, employment and reinvestment in recreational services.
September 3, 2026
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Money laundering linked to hybrid ganja smuggling involves alleged illicit cross-border transfers and foreign-exchange violations.
Enforcement Directorate searches form part of a money-laundering investigation into alleged hybrid ganja smuggling from Thailand. A case under the Prevention of Money Laundering Act concerns suspected laundering of drug-trafficking proceeds and transfer of funds to Thailand through illegal channels. The inquiry also examines possible foreign-exchange violations and an alleged arrangement involving carriers, visas and funds for transporting narcotic substances.
September 3, 2026
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Foreign-currency deposit mobilisation supports currency appreciation while creating surplus-liquidity sterilisation pressures through deposit swaps in domestic banking markets.
Foreign-currency deposit mobilisation strengthened foreign-exchange liquidity and supported rupee appreciation. FCNR(B) deposits, together with overseas foreign-currency borrowings and external commercial borrowings, increased aggregate foreign-currency resources. Bank swaps of such deposits with the central bank may create surplus banking-system liquidity and a sterilisation challenge, while oil prices, global yields, dollar movements and foreign equity inflows remain relevant currency-market factors.

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Trump wraps up UK state visit with gratitude for his hosts while largely sidestepping tough issues

September 19, 2025

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Aylesbury (UK), Sep 18 (AP) President Donald Trump said Thursday that he was “tremendously thankful” for the pageantry and splendour lavished on him during his second state visit to the United Kingdom as he wrapped up a trip that largely sidestepped major public disagreements over difficult trade and geopolitical issues.

The mutual warmth, along with Trump's abundance of kind words bestowed on the host country, suggested that an all-out charm offensive by the royal family and British Prime Minister Keir Starmer had its desired effect, even though there was a notable lack of progress on some key matters.

Trump and Starmer signed what both sides hailed as a historic agreement on science and technology, and they held a roundtable with global business leaders where they suggested the deal could mean significant job gains. Among the topics tackled mostly in private talks between Trump and Starmer were the wars in Ukraine and Gaza and US tariff rates on steel imported from Britain.

"The bond between our countries is like no other anywhere in the world,” Trump said at a news conference at Chequers, a 16th-century manor house northwest of London that serves as a rural retreat for British leaders. The US and UK, the American president said, have “done more good for the planet than any other nation in history”.

Joining in the bonhomie, Starmer said "time and time again, it is British and American men and women, side by side, changing the path of history and turning it towards our values, towards freedom, democracy and the rule of law.” The mutual admiration followed King Charles III and Queen Camilla's feting of Trump and first lady Melania Trump at Windsor Castle on Wednesday with all the pomp the monarchy can muster, including the biggest military honour guard ever assembled for a state visit.

Trump called the king and queen “two fantastic people" and said he was" “tremendously thankful” and “grateful beyond words" for the hospitality.

Even high-profile points of dissent, such as Britain's impending move to recognize a Palestinian state, stayed cordial. “I have a disagreement with the prime minister on that score,” Trump said, adding that "it's one of our few disagreement, actually.” When Trump was asked about his lack of progress in brokering a deal to end Moscow's war in Ukraine and he acknowledged that Russian President Vladimir Putin has ”let me down," Starmer escalated the flattery a notch. The prime minister said he and Trump had discussed how to "decisively increase the pressure on Putin” and that Trump had “led the way here.” There was disagreement, too, over immigration policy.

Trump urged Britain to take a harder line and insisted he had made clear to Starmer that when too many people enter illegally, it “destroys countries from within." Still, when Starmer sharply criticised Hamas, Trump reached over from his podium and slapped the prime minister on the back in support.

At an earlier signing ceremony for the agreement meant to promote tech investment, Starmer referred to the Republican president as “my friend, our friend” and spoke of “leaders who respect each other and leaders who genuinely like each other.” The Trumps' final day in Britain began by bidding farewell to the king and queen at Windsor Castle and flying by helicopter to Chequers for more spectacle: a ceremonial honor guard with bagpipers, in a nod to Trump's Scottish heritage, and a parachute demonstration. He also was shown the archive of wartime leader Winston Churchill, who coined the term “special relationship” for the bond between the allies.

It's something Trump's British hosts have stressed repeatedly, almost 250 years after that relationship endured a rocky start in 1776.

To coincide with the visit, Britain said US companies had pledged 150 billion pounds ($204 billion) in investment in the UK, including 90 billion pounds ($122 billion) from investment firm Blackstone in the next decade. Investment will also flow the other way, including almost $30 billion by pharmaceutical firm GSK in the US.

UK officials say the deal will bring thousands of jobs and billions in investment in artificial intelligence, quantum computing and nuclear energy. It includes a UK arm of Stargate, a Trump-backed AI infrastructure project led by OpenAI, and a host of AI data centres around the UK American companies are announcing 31 billion pounds ($42 billion) in investment in the UK's AI sector, including $30 billion from Microsoft for products including Britain's largest supercomputer.

British officials said they have not agreed to scrap a digital services tax or water down internet regulation to get the deal, some details of which have yet to be announced.

There was less movement on tariffs.

In May, Starmer and Trump said they had agreed to reduce US tariffs on Britain's key auto and aerospace industries. Talks on lowering duties on steel and aluminum to zero from their current level of 25% have stalled even with a promise four months ago of a settlement within weeks.

The British government has grown increasingly critical of Israel's conduct in Gaza and the suffering of Palestinian civilians. Starmer said the situation was “a humanitarian catastrophe” as he acknowledged a divide with the president on recognising a Palestinian state.

While the prime minister has played a major part in European efforts to shore up US support for Ukraine, Trump's visit offered few major advancements, Trump has expressed frustration with Putin, but has not made good on threats to impose new sanctions on Russia. The king, in his state banquet speech Wednesday night, offered Trump a gentle nudge, noting “as tyranny once again threatens Europe, we and our allies stand together in support of Ukraine, to deter aggression and secure peace”.

It seemed like questions about Jeffrey Epstein would dog Trump throughout the trip, especially given that his visit began days after Starmer fired Britain's ambassador to the US, Peter Mandelson, over the envoy's past friendship with the convicted sex offender, who authorities say killed himself in 2019.

But Trump largely avoided the issue. Police did arrest four people over a stunt that saw an image of Trump and Jeffrey Epstein projected on a tower at Windsor Castle.

Asked about Mandelson during the news conference, Trump said only that he did not know the former ambassador, despite photographs showing the pair together in the Oval Office. (AP) SCY SCY

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