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    Rs 5,000 cr credited to 6.22 lakh Maharashtra farmers so far under loan waiver scheme: Fadnavis
    SBI Life and J&K Bank partner to bring comprehensive life insurance solutions closer to families across India
    DRI intensifies vigil along India's North-Eastern Frontier
    Vijayan slams Kerala govt's move to end doorstep pension delivery through cooperative banks
    Kerala to stop welfare pension delivery through cooperative banks, shifts to DBT
    China's exports slow slightly in July despite robust demand for high-tech products
    India successfully concludes the Tenth BRICS Industry Ministers' Meeting in Jaipur under its BRICS Chairship 2026
    APEDA Organises BIOFACH INDIA 2026 to Promote India's Certified Organic Products and Expand Global Market Access
    RBI bars banks from disabling mobile devices of defaulting borrowers
    Par panel for early conclusion of India-US trade pact, tariff exemptions on key goods
    No commitments relating to ethanol import from US for fuel blending under FTA talks: Govt
    No concession or commitment on import of Ethanol for fuel blending from the United States
    Office of the Controller General of Patents, Designs and Trade Marks Announces Tentative Schedule for Patent and Trade Marks Agent Examinations 2027 a...
    RBI invites comments on the draft “Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026”
    West Bengal seeks 100pc foodgrain, 40pc sugar jute packaging quota at SAC meeting
    RBI clasifies Tata Sons, 16 others as large NBFCs
    Sensex climbs 374 points on buying in Reliance, ICICI Bank; Nifty ends flat
    Insurance Division, DFS Secures 3rd Rank in Group A Category of Grievance Redressal Assessment & Index (GRAI) for June 2026
    VKDL Group’s NPA Bazaar Strengthens India’s Distressed Asset Resolution Ecosystem Under the Leadership of V K Dubey
    Lok Sabha passes bill to authorise govt to permit banks to levy charges on UPI transactions
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    August 7, 2026
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    Farm loan waiver eligibility depends on verified beneficiary status and Aadhaar authentication for direct credit of eligible crop-loan relief.
    The farm loan waiver scheme covers eligible short-term crop loans within the prescribed ceiling and eligibility period. Waiver amounts are credited to verified bank accounts after field verification and completion of Aadhaar authentication. Aadhaar authentication is the operative condition for automatic processing of benefits, while eligibility rules and technical conditions have raised concerns about exclusion of distressed farmers.
    August 7, 2026
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    Corporate agency distribution expands access to life insurance products, supporting insurance awareness, financial inclusion and long-term household financial protection.
    A corporate agency arrangement enables J&K Bank to distribute SBI Life Insurance protection, savings, retirement and child-oriented life insurance plans through its branch network. The partnership aims to improve insurance access, awareness, financial literacy and long-term financial planning for households, particularly in Jammu & Kashmir and Ladakh. It is intended to expand insurance penetration, strengthen household financial protection and support financial inclusion in line with the IRDAI vision of "Insurance for All by 2047".
    August 7, 2026
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    Cross-border smuggling controls target narcotics, poppy seeds and areca nuts entering through the Indo-Myanmar border region.
    Cross-border smuggling enforcement targeted methamphetamine, foreign-origin poppy seeds and areca nuts allegedly brought from Myanmar. Methamphetamine concealed in an ambulance was seized under the NDPS Act, 1985. Poppy seeds and areca nuts recovered in separate operations were seized under the Customs Act, 1962. Poppy-seed imports are restricted to designated countries and require registration to ensure traceability and prevent illicit produce entering legitimate supply chains. The enforcement action addresses circumvention of customs controls and regulated import requirements.
    August 7, 2026
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    Direct benefit transfer for welfare pensions replaces cooperative-bank doorstep delivery, while retaining limited home service for excluded beneficiaries.
    Direct Benefit Transfer for social security and welfare pensions is to be made through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep delivery. Home delivery remains available for bedridden persons and others who cannot be excluded. The change is associated with delays in remitting undistributed amounts, record-update failures, reconciliation issues, duplicate payments, and incomplete Aadhaar-based payment implementation. Concerns have been raised that mandatory bank-account credit may disadvantage beneficiaries dependent on doorstep delivery.
    August 7, 2026
    Show AI Summary
    Direct Benefit Transfer for welfare pensions replaces doorstep cooperative-bank delivery, while home delivery remains for bedridden beneficiaries.
    Direct Benefit Transfer of social security and welfare pensions is to be made mandatory through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep distribution. Home delivery continues for completely bedridden beneficiaries and others who cannot be excluded. The change addresses delays in remitting undistributed amounts, record-update and reconciliation deficiencies, duplicate payments linked to incomplete Aadhaar-based payments, delivery incentive costs, and the need to comply with Direct Benefit Transfer norms to avoid loss of central financial assistance.
    August 7, 2026
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    Customs trade data show moderating July growth while high-technology exports, vehicles and advanced manufacturing supplies remain strongly supported.
    Customs and trade data showed that China's July export and import growth moderated and its trade surplus narrowed from the preceding month. Typhoon-related port disruptions affected trade flows, but demand for electronics and green technology products supported elevated values. High-technology items, vehicles, electronics and machinery recorded strong January-July export growth, while trade performance varied among the United States, the European Union and Southeast Asia.
    August 7, 2026
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    BRICS industrial cooperation advances MSME, photovoltaic, startup and logistics frameworks alongside resilient trade and digital services collaboration.
    BRICS industrial cooperation under PartNIR was strengthened through a Joint Declaration and institutional measures addressing MSMEs, photovoltaics, startup-led innovation, and resilient transport and logistics. The measures include an SME cooperation framework, Terms of Reference and an Action Plan for photovoltaic industry cooperation, and a startup innovation action plan. Trade discussions focused on the multilateral trading system, MSME participation in international trade, resilient global value chains, and cross-border digitally delivered services within a rules-based trading framework.
    August 7, 2026
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    Certified organic export promotion: BIOFACH INDIA facilitates buyer-seller engagement, certification awareness, traceability discussions and international market access.
    BIOFACH INDIA 2026 promotes certified organic exports by providing a platform for Indian organic enterprises to showcase diverse certified products and engage with overseas buyers through structured Buyer-Seller Meets. Technical sessions address organic certification, traceability, sustainability, quality standards, international regulatory requirements and export-market expectations. The initiative supports quality assurance, international market access, export linkages and sustainable agricultural practices across the organic value chain.
    August 6, 2026
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    Device-based loan recovery restrictions protect essential mobile functions while permitting gradual locking only for lender-financed devices.
    Technology-based recovery mechanisms cannot restrict or disable a borrower's mobile device unless the bank financed acquisition of that device. Where permitted, banks must adopt a gradual approach and preserve essential functions, including incoming calls, SMS access, and emergency SOS features. Regulated entities and service providers must obtain manufacturer or operating-system certification for device-locking technology. Disclosure of borrower or guarantor information to recovery personnel must be limited to what is necessary for loan-recovery duties.
    August 6, 2026
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    Bilateral trade agreement negotiations should secure tariff certainty, protect key exports, strengthen supply chains, and support vulnerable small industries.
    An early Bilateral Trade Agreement is proposed to protect Indian interests, secure tariff exemptions for key exports, reduce barriers affecting industrial products, and create predictable trade conditions. Recommended measures include financial and export-credit support for small industries, real-time monitoring of customs requirements, documentation assistance, and timely policy support against tariff and non-tariff barriers. Export strategy should develop knowledge services and critical supply-chain integration, while a National Fund should assist suppliers with redesign, tooling, certification and entry into new global supply chains.
    August 6, 2026
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    Ethanol imports for fuel blending remain excluded from trade commitments, with domestic producers continuing to supply the blending programme.
    Ethanol imports for fuel blending remain outside concessions or commitments in India-US trade discussions. Under the Ethanol Blended with Petrol Programme, ethanol procurement is governed solely by domestic policy requirements and is sourced entirely from domestic producers. Claims of existing or intended large-scale ethanol imports from the United States for fuel blending, or of a policy change permitting them, are stated to be baseless.
    August 6, 2026
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    Domestic ethanol sourcing for fuel blending continues unchanged, with no import commitments or concessions involving United States ethanol.
    Ethanol used for fuel blending under the Ethanol Blended with Petrol Programme is sourced entirely from domestic producers, with no imports from the United States for that purpose. No concessions or commitments on importing United States ethanol for fuel blending have been made in trade discussions. Fuel blending and ethanol procurement continue to be governed solely by domestic policy requirements, and claims of a policy change allowing large-scale imports are incorrect.
    August 6, 2026
    Show AI Summary
    Patent and trade marks agent qualification examinations require written-paper minimums, aggregate passing scores, and viva voce assessment for registration.
    Patent and trade marks agent examinations comprise an objective Paper I, a descriptive Paper II and a viva voce assessing suitability to practise before the Intellectual Property Office. Candidates must secure the stipulated minimum marks in each written paper and the required aggregate score to pass. Registration in the relevant Register of Patent Agents or Register of Trade Marks Agents is available only to candidates who satisfy all prescribed eligibility conditions and qualify the examination.
    August 6, 2026
    Show AI Summary
    Draft NBFC credit-facilities amendments open for stakeholder consultation through designated online and email feedback channels.
    Draft amendments to the Non-Banking Financial Companies credit-facilities framework have been released for public consultation. Regulated entities and other interested stakeholders may submit comments or feedback through the 'Connect 2 Regulate' platform or by email using the specified subject line.
    August 6, 2026
    Show AI Summary
    Mandatory jute packaging reservations were urged to protect cultivators, mill workers, crop absorption, and environmentally sustainable packaging.
    Mandatory jute packaging reservations were sought to be retained at full coverage for foodgrains and increased for sugar packaging for the forthcoming Jute Year. The submission before the Standing Advisory Committee emphasised absorption of bumper jute output, remunerative prices for cultivators, uninterrupted mill operations, and protection of farm and worker livelihoods. It also stressed that biodegradable jute bags offer an environmentally friendly alternative to HDPE and polypropylene woven sacks, and that dilution of compulsory packaging could undermine plastic-pollution reduction efforts.
    August 6, 2026
    Show AI Summary
    NBFC Upper Layer classification imposes enhanced regulation and listing obligations, while de-registration applications remain under examination.
    NBFC Upper Layer classification subjects identified large non-banking financial companies to enhanced regulatory requirements for at least five years and requires stock-exchange listing within three years of identification. The framework divides NBFCs into Base, Middle, Upper and Top Layers. Seventeen large NBFCs were included in the Upper Layer list, while Tata Sons' classification remains subject to the pending examination of its de-registration application.
    August 6, 2026
    Show AI Summary
    Closing auction price discovery may affect benchmark levels differently based on constituent liquidity and concentrated institutional order flow.
    The Closing Auction Session in the equity cash segment uses an auction-based method to determine closing prices of eligible shares with futures and options contracts, aiming to strengthen transparent and robust price discovery. Its effect on benchmark closing levels may differ according to constituent liquidity and institutional order flow. The Reserve Bank of India retained the policy repo rate and neutral stance, indicating that future policy decisions will be data-dependent and influenced by assessment of energy-cost effects on inflation.
    August 6, 2026
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    Public grievance redressal strengthens through monitoring, senior review, workshops, stakeholder coordination, and customer-centric service delivery improvements.
    Public grievance redressal is assessed through the Grievance Redressal Assessment and Index, which analyses grievance categories and disposal. The Department of Financial Services' Insurance and Banking Divisions received third and sixth ranks respectively in the June 2026 assessment. Its framework includes disposal of grievances, random reviews by senior officials, and workshops on effective grievance redressal, supporting best practices, stakeholder coordination, technology use, customer-centric service, and accountable public service delivery.
    August 6, 2026
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    Distressed asset resolution integrates restructuring, insolvency advisory, funding facilitation and digital marketplaces for transparent financial recovery transactions.
    The platform provides integrated advisory, management and transaction-facilitation services for Non-Performing Assets, stressed assets and distressed assets. Its services include NPA resolution, debt restructuring, One-Time Settlements, funding assistance, insolvency and bankruptcy advisory, asset reconstruction, financial restructuring and capital raising. Digital and offline marketplaces facilitate transactions involving distressed assets, receivables and related movable or immovable properties, supported by collaborations with banks, Non-Banking Financial Companies, Asset Reconstruction Companies, corporates and investors.
    August 6, 2026
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    Merchant discount rate framework may permit charges on notified UPI and digital payments through a government notification mechanism.
    The proposed amendment to Section 10A of the Payment and Settlement Systems Act, 2007 replaces the existing income-tax-linked reference with a Central Government notification-based mechanism for electronic payment modes. It removes the current statutory restriction preventing banks and payment service providers from charging Merchant Discount Rate on notified modes, enabling the Government to permit charges for UPI and other digital payments. The policy rationale is to support funding for payment infrastructure and a sustainable revenue model for service providers.

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      Rivers Rise Again: The Art of Living's Journey of Rejuvenation

      September 27, 2025

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      Bengaluru, Karnataka, India (NewsVoir) A river never truly dies. Beneath cracked beds and parched banks, it waits - for rain, for care, for people to act. When communities come together with vision and dedication, rivers flow again, aquifers breathe, and fields turn green. At the centre of this movement is Gurudev Sri Sri Ravi Shankar’s vision - that caring for nature is caring for life itself. Under his guidance, The Art of Living Social Projects has ignited one of India’s largest people-led water revival initiatives. From Tamil Nadu’s plains to Karnataka’s highlands, from drought-hit Maharashtra to Uttar Pradesh’s thirsty fields, rivers are being rejuvenated, empowering communities along the way. Tamil Nadu: Naganadhi - A River Reborn Once a dry scar across Vellore, the Naganadhi River was on the verge of being lost. Farmers watched crops wither, women walked miles for water, and villages faced scarcity. The Art of Living Social Projects, in collaboration with the district administration and under MGNREGA, launched a transformative project. • Structures built: 354 recharge wells, 207 boulder checks • Direct participation: 1,050 women • Groundwater rise: 1 - 8 metres • River flow: uninterrupted for over three years The project revitalised agriculture, enabling three crops a year and strengthening local economies. Its success at Naganadhi motivated a larger movement: from the 1,050 women directly involved, over 44,000 women across 14 districts later participated in constructing 6,500+ recharge structures, turning water conservation into a community-wide initiative. Recognition: • PM Narendra Modi praised the initiative multiple times on Mann Ki Baat • Vellore was awarded Best District in the Southern Region for River Revival (2019) • The Governor of Tamil Nadu honoured Dr. Chandrashekhar Kuppan • TN Government recognised the Department of Rural Development and Panchayats; District Administration won three additional awards Karnataka: A Tapestry of Rivers Revived Across 12 districts and multiple basins, Gurudev Sri Sri Ravi Shankar’s vision inspired the Antharjal Chetna / Jal Sanjeevini Project. Thousands of recharge structures restored groundwater and rejuvenated rivers. • Recharge structures: 9,778 • Talukas with groundwater rise: 39+ (2019–2023) • Rural youth trained: 1,500+ Rivers revitalised: Vedavathi, Kumudvathi, Krishna, Cauvery, Palar, Uttara Pinakini, Malaprabha, Tungabhadra Case highlights: • Kumudvathi River (Bengaluru Rural): 2,513 recharge structures and 86,000 saplings restored a 460 sq. km watershed • Vedavathi River (Chikmagalur & Tumkur): Pilot project in 2013 expanded to a basin-wide rejuvenation with 17,224 recharge structures • Palar River (Chintamani Taluk): 788 recharge structures and 40,000 saplings revived one of Karnataka’s driest belts These rivers are more than channels of water; they are veins of prosperity, sustaining agriculture, livestock, and communities. Uttar Pradesh: Farmers Find Water Again Rampur district, declared an ‘overexploited zone’ by the state groundwater authority, faced severe water scarcity. Wells ran dry, diesel pumps failed, and farmers struggled. Guided by Gurudev Sri Sri Ravi Shankar’s vision, the Bhujal Shakti Project brought relief: • Structures built: 351 recharge shafts, 122 ponds, 1 sub-surface dyke across 88 villages Groundwater levels gradually rose, pumps resumed operation, and farmers regained confidence. In Bundelkhand’s Lalitpur district, a parallel initiative with Hindustan Aeronautics Limited constructed 175 recharge structures in the Gobind Sagar catchment, strengthening water resilience for drought-affected families. Maharashtra: Transforming Water-Scarce Landscapes Maharashtra has long faced severe water scarcity. Guided by Gurudev Sri Sri Ravi Shankar’s vision, The Art of Living Social Projects initiated large-scale rejuvenation programmes, including Jal Jagruti Abhiyan, Jalyukt Shivar Abhiyan 2.0, and JalTara. Since 2013, these efforts have: • Revived 33 rivers, streams, and tributaries across 27 districts • Built 57,000+ recharge structures • Desilted 29 crore cubic metres of riverbeds and canals (over 1,383 km across 19 districts) • Planted 7.28 lakh trees • Benefited 2,000,000+ people. The desilting of the Mauda river alone benefitted over 2,00,000 villagers. Landmark projects: • Mauda (Nagpur District): In partnership with NTPC Limited, 29 micro-watersheds covering 150 villages and 29,000 hectares transformed a water-stressed region into a water-surplus one. Awarded the Water Sustainability Award 2021-22 by UNDP, TERI, and India’s Ministry of Water Resources • JalTara Project (Jalna District): 20,000 recharge pits raised groundwater by 14 feet, increased crop yield by 42%, and eliminated waterlogging. Programme scaled to 80 villages with 25,000 additional structures Recognition and Ripples The river revival efforts have gained national recognition: • PM Narendra Modi praised the 44,000 women who led Naganadhi’s revival on Mann Ki Baat • The Governor of Tamil Nadu honoured Dr. Chandrashekhar Kuppan • The Jal Shakti Ministry awarded the initiative twice on National Water Day • Universities and independent researchers continue to validate project impact When Rivers Rise, Life Rises River revival is never just about water. It is about farmers planting again, children drinking clean water, women finding dignity through leadership, and youth discovering purpose in conservation. When we heal rivers, we heal ourselves. When rivers rise, life is rejuvenated. About The Art of Living Social Projects The Art of Living, a non-profit, educational, and humanitarian organisation founded in 1981 by the world-renowned spiritual leader and humanitarian Gurudev Sri Sri Ravi Shankar, is committed to addressing India’s pressing water challenges. Through its large-scale River Rejuvenation Projects, the organisation works to mitigate water scarcity by restoring rivers, reviving ecosystems, and improving the quality of life for communities across the country. Get involved, donate now: NGO for Water Conservation in India, Top NGO in India for Social Projects. Follow: www.instagram.com/artofliving.sp/ Like: www.facebook.com/artoflivingsocialprojects Post: x.com/artofliving_sp Message: www.linkedin.com/showcase/artofliving-sp (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI

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