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    Axis Bank sees religious tourism, defence, MSMEs as key growth areas in UP
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September 7, 2026
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Digital payment transparency for religious institutions supports direct trust-account donations, reconciliation, and technology-led banking services.
Digital donation collection facilities for temples and religious establishments include kiosks, Bharat Bill Payment System payments and UPI QR-code payments. Donations may be credited directly to the relevant trust account, supported by transaction reconciliation and digital records to improve transparency and ease of transactions. Technology services also cover municipal dues payments and property-tax assessment, alongside banking support for defence-sector ecosystems, MSMEs, agriculture and priority-sector lending.
September 7, 2026
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Rupee exchange-rate movement reflected crude oil pressures, domestic equity weakness, foreign inflows, and a softer dollar.
Foreign-exchange market conditions resulted in the rupee closing weaker against the US dollar after initial support from foreign currency deposit inflows. Rising crude oil prices and weakness in domestic equity markets weighed on sentiment and offset support from a softer dollar and foreign investor equity purchases. Future movement may remain influenced by foreign inflows, crude oil prices, domestic market conditions, geopolitical tensions and inflation data.
September 7, 2026
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Surrogate advertising allegations challenge notices targeting brand ambassadors and raise jurisdiction and hearing concerns for product promoters.
Challenge to surrogate advertising allegations concerns notices requiring brand ambassadors promoting Vimal Elaichi to prove that it differs from prohibited pan masala, halt promotions, and remove digital materials. The product promoter contests the notices because they were addressed only to the actors, it was not heard, and the regulator allegedly lacked jurisdiction to stop the advertisements. Territorial jurisdiction to entertain the challenge is also contested.
September 7, 2026
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Free trade agreements and cyber-fraud prevention feature in India's stated strategy for economic growth, security, and digital protection.
India's external economic strategy relies on diplomatic engagement, strategic partnerships and free trade agreements to sustain growth amid geopolitical uncertainty. Cooperation extends to defence, technology, energy, investment and trade, as well as digital public infrastructure, disaster relief and capacity building. Internal and border security are treated as conditions for national development, while police responsibilities include community safety, maritime protection and tourist safety. Growing cyber-fraud risks linked to the digital economy are addressed through coordination with states and the national cybercrime helpline.
September 7, 2026
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Financial fraud prevention advances through accessible complaints, cyber awareness, intelligence-sharing, and AI-based detection of mule accounts.
Financial-fraud prevention measures rely on coordinated review of alleged fraud, unauthorised deposit collection, complaints, market intelligence, investor protection and cyber threats. The SACHET portal supports market intelligence and complaints concerning unregulated financial activities through multilingual and accessibility features. MuleHunter.ai uses artificial intelligence and machine learning to identify mule accounts used in fraudulent fund flows. Financial-literacy programmes and accessible educational initiatives promote safe banking, fraud awareness and coordinated responses to cyber-enabled financial crime.
September 7, 2026
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Technology-driven tax dispute resolution supports faster tribunal processes, reduced litigation, and improved taxpayer services through digital filing and assessments.
The Kolkata Bench of the Income Tax Appellate Tribunal is intended to expedite tax-dispute resolution across 12 states, including seven northeastern states, while advancing impartial, accessible and swift justice. Its administrative role includes improving justice delivery, reducing pendency and pursuing AI-driven digital transformation. The Income Tax Department and the Tribunal seek reduced litigation and improved taxpayer services through technology-driven measures, including faceless assessment and electronic filing.
September 7, 2026
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Appeals against NIL or Zero GST demand orders are enabled where taxpayers paid liabilities before issuance of the order.
GST Portal validation restricting appeals against demand orders showing NIL or Zero demand has been removed where a liability dispute exists and the taxpayer made payment before issuance of the demand order. Taxpayers may challenge such orders by filing an appeal in Form GST APL-01, and may raise a ticket with the GST Helpdesk if filing difficulties arise.
September 7, 2026
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Certificate of origin API integration enables exporters to submit applications, receive certificates, verify issuance, and reduce repetitive data entry.
Open API integration for Certificates of Origin enables eligible exporters to connect ERP, accounting and other business software with the Trade Connect e-Platform for electronic application submission. The facility covers preferential and non-preferential certificates, provides authentication, file-submission and certificate-verification APIs, and maintains a transaction ledger for application tracking. Security measures include digital signatures, password hashing, IP whitelisting and time-limited access tokens. Relevant origin criteria, fields and validation rules are automatically applied according to the selected trade agreement or certification scheme.
September 7, 2026
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Free trade agreements and strategic partnerships were identified as supporting India's trade engagement and economic growth amid geopolitical disruption.
India's international economic engagement through free trade agreements and strategic partnerships was identified as a means of sustaining economic growth amid geopolitical disruption. Economic cooperation was described as extending across defence, technology, energy, investment and trade. Nine free trade agreements were stated to have been concluded by 2026, with further trade arrangements proposed with other countries. Pursuit of free trade agreements was linked to increasing trade and to reported first-quarter GDP growth in the financial year 2026-27.
September 7, 2026
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Leadership, talent recognition and legacy framed a discussion linking cricketing performance with entrepreneurship and organisational responsibility.
No FEMA or RBI regulatory measure, compliance obligation, legal interpretation, or adjudicatory determination is identified. The subject matter concerns leadership, performance and entrepreneurship, with emphasis on preparation, decision-making under pressure, teamwork, recognising potential and supporting talent. Corporate success is linked with creating opportunities, contributing to society and building a lasting legacy. Zaggle is described as providing enterprise spend management, card-based financial products through banking partnerships and software offerings for corporate customers.
September 7, 2026
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AI-driven digital markets require competition scrutiny of autonomous pricing, self-preferencing, discriminatory pricing, tying, and market manipulation.
Artificial intelligence may accelerate anti-competitive conduct in digital markets through self-preferencing, discriminatory pricing, tying and market manipulation. Agentic AI may create particular concerns where it monitors competitors' prices and autonomously responds without direct human intervention. Competition law aims to prevent anti-competitive practices, promote competition, protect consumers and preserve freedom of trade, while allowing legitimate growth and innovation. Market dominance is not objectionable in itself; concern arises from abuse of dominance through exclusionary or exploitative practices.
September 7, 2026
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Healthcare innovation and supply-chain self-reliance are prioritised through trade access, investment, research collaboration, testing infrastructure, and quality standards.
Healthcare-sector development priorities seek to expand medical devices, diagnostics, digital health, research, and pharmaceutical machinery through exports, import substitution, and services growth. Free trade agreements are presented as supporting preferential market access, services opportunities, and mobility. Sectoral growth is linked to startup incubation, intellectual-property capability, international research collaboration, technology transfer, and joint ventures. Healthcare self-reliance requires indigenous equipment, critical components, resilient supply chains, shared testing and certification infrastructure, and uncompromising quality standards.
September 7, 2026
Show AI Summary
Medical value tourism quality standards prioritise verified hospitals, ethical treatment, transparent pricing, and seamless international patient care.
Medical value tourism is proposed to expand through trained caregivers, transparent treatment packages, ethical hospital practices, seamless reimbursement and cashless-payment systems, telemedicine, and verified hospital participation. International patients are intended to receive care through accredited quality systems, supported by interpreters, global outreach, and coordinated healthcare networks. Expansion beyond metropolitan areas must maintain equivalent high-quality care for domestic and foreign patients without discrimination. Certification systems are expected to remain professionally independent and free from unethical influence.
September 7, 2026
Show AI Summary
Foreign exchange market pressures from rising crude oil and weak domestic equities constrained rupee support from foreign inflows.
Foreign exchange market conditions caused the rupee to depreciate against the US dollar despite support from FCNR dollar inflows and a softer dollar. Rising crude oil prices, weak domestic equities and global headwinds constrained gains. The outlook remained dependent on foreign inflows, dollar movements, crude prices, market sentiment and inflation data, with geopolitical tensions capable of increasing pressure on the currency.
September 7, 2026
Show AI Summary
Healthcare supply-chain resilience requires diversified sourcing, global investment, domestic innovation, and stronger medical-device production supported by enabling infrastructure.
Healthcare supply-chain resilience requires diversified sourcing, restoration of domestic capacity in Active Pharmaceutical Ingredients and Key Starting Materials, and continued imports where necessary through multiple suppliers and geographies. Pharmaceutical industry growth should move beyond generics towards research, development, patented products, new molecules, biosimilars and biotechnology. Regulatory convergence should support clinical trials, patenting and new-product introduction. Government support is contemplated for medical value travel, healthcare infrastructure, bulk drug parks, plug-and-play facilities, medical-device component production and scientific validation of Ayush products.
September 7, 2026
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Foreign exchange market pressures offset rupee support from FCNR inflows amid higher crude oil and dollar demand.
The rupee gained marginally against the US dollar, supported by FCNR-related dollar inflows and robust liquidity. Elevated Brent crude prices, safe-haven dollar demand and geopolitical tensions constrained this support. Higher oil prices may enlarge India's import bill, increase dollar demand and pressure the rupee, although rising foreign-exchange reserves indicated external-sector strength.
September 6, 2026
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Census data privacy and electoral integrity concerns emerge alongside calls to repeal insolvency law and protect political dissent.
CPI(M) called for repeal of the Insolvency and Bankruptcy Code, alleging that insolvency processes enabled diversion of public resources. It questioned economic growth figures against agricultural weakness, mining contraction, higher input costs, inflation, unemployment and malnutrition. The party also raised Census data privacy concerns over caste-data collection, potential linkage with government databases, and possible implications for citizenship, electoral rolls and future delimitation.
September 6, 2026
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Food business licensing: Third-party restaurant operators require their own licences and cannot operate under another entity's registration.
Food Business Operator licensing requires the entity holding a food licence or registration to itself conduct the licensed food business at the specified premises. A third-party operator cannot operate under another entity's licence or registration and must obtain its own licence or registration. Regulatory notices concerning such arrangements may also address hygiene lapses and structural violations, followed by consideration of the operators' responses.
September 6, 2026
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European diesel supply dependence on alternative refiners grows amid constrained exports, weakening transatlantic flows, and restricted shipping routes.
European diesel supply is becoming increasingly dependent on Indian refining capacity as Russian diesel and gasoil exports remain constrained by export restrictions, refinery disruptions and port outages, while US shipments to Europe have weakened. Alternative supply routes offer limited additional clean-product volumes because reduced tanker crossings and lower ship-to-ship transfers offshore Oman constrain flows through the Strait of Hormuz. Low diesel inventories, seasonal demand and planned refinery maintenance increase exposure to supply disruptions.
September 5, 2026
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Tariff-driven inflation and elevated borrowing costs constrain growth, while durable deficit reduction may require spending restraint and tax increases.
Persistent inflation, elevated interest rates and rising public debt constrain economic growth policy. Tariffs and oil shortages are identified as contributing to inflationary pressures, while lower interest rates could increase money flows and worsen inflation. Tariffs, tax cuts, artificial intelligence productivity gains and anti-fraud measures are advanced as mechanisms to support growth, investment and domestic employment. Fiscal sustainability, however, cannot be achieved through growth alone where social security and healthcare costs exceed revenue growth; deficit reduction may require slower spending, spending reductions and tax increases.

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Through their eyes: Donald Trump and his actions, as seen by leaders from around the world

September 28, 2025

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United Nations, Sep 28 (AP) Regardless of political perspective, no one could argue that the presidency of Donald Trump — and his second term so far in particular — has been anything less than consequential, not only for the United States but for the world.

That hasn't gone unremarked-upon at the UN General Assembly's meeting of world leaders, to whom Trump spoke Tuesday. In marquee speeches and other settings, many of them have mentioned Trump and his policies, be it obliquely or directly.

Here's a sampling of quotes by leaders and luminaries from around the world this past week at the United Nations talking about Trump and his administration — positive, negative and in between.

FRANCE “Guess what? I'm waiting in the street because everything is frozen for you! ... I would love this weekend to have a short discussion with Qatar and you on the situation in Gaza.” — French President Emmanuel Macron in a phone call to Trump after encountering a road closure because of the US president's motorcade.

CHINA “A major cause of the current global economic doldrums is the rise in unilateral and protective measures, such as tariff hikes and erection of walls and barriers. We should collaborate more closely to identify and expand convergence of interests, promote universally beneficial and inclusive economic globalisation, and help each other succeed by moving forward in the same direction.” — Chinese Premier Li Qiang in his General Assembly speech.

ARGENTINA “President Trump of the United States also understands that the time has come to reverse a dynamic that is leading the United States towards a disaster, and we know that a disaster in the United States is a global disaster. His unflinching and successful policy in terms of halting illegal immigration makes that conviction more than clear. ... What Donald Trump is also doing is restructuring the terms of international trade in unprecedented fashion. ... Furthermore, he's instituting a cleanup of the institutional capture of the American state.” — Argentine President Javier Milei in his General Assembly speech.

BOLIVIA “We have a third cause of the current wars, which is more immediate. That is the obsessive zeal of the new Trump administration to give the United States back its position as a hegemonic power, at the cost of the liberal system, free trade, globalisation, and to cause pain and death. For what? To take ownership over natural resources, to take control over commodities for the benefit of an imperial system, and to subordinate the majority of countries for their insatiable thirst for privilege and wealth, and to try to maintain a unipolar order at any cost.” — Bolivian President Luis Arce in his General Assembly speech.

UKRAINE “Yesterday, we had a good meeting with President Trump, and I also spoke with many other strong leaders, and together, we can change a lot.” — Ukrainian President Volodymyr Zelenskyy in his General Assembly speech.

RUSSIA “In the approaches of the current US administration, we see a desire not only to contribute to ways to realistically resolve the Ukrainian crisis, but also a desire to develop pragmatic cooperation without adopting an ideological stance.” — Russian Foreign Minister Sergey Lavrov in his General Assembly speech.

INDIA "If climate action itself is questioned, what hope is there for climate justice?” — Indian Foreign Minister Subrahmanyam Jaishankar.

ARMENIA “The role of United States President Donald Trump is decisive in this (Armenia-Azerbaijan) peace process, whose dedication, consistency and principledness made possible what seemed to be impossible.” — Armenian Prime Minister Nikol Pashinyan in his General Assembly speech. Azerbaijani President Ilham Aliyev also thanked Trump for his role in the peace initiative and “for opening a new chapter in the US -Azerbaijan relationship.

CAMBODIA “We are grateful that a ceasefire (with Thailand), brokered by US President Trump, effectively halted armed clashes.... However, the ceasefire remains very fragile.” — Cambodian Deputy Prime Minister Sokhonn Prak in his General Assembly speech. Thai Foreign Minister Sihasak Phuangketkeow also saluted “President Trump's strong dedication to peace” while calling the ceasefire “fragile.” SLOVENIA “States are withdrawing from the Paris climate agreement, from the Ottawa treaty and from U.N. agencies, or simply cutting their financing. Each such act chips away at the support for multilateralism, a system designed not for the powerful few, but for the benefit of us all.” — President Natasa Pirc Musar of Slovenia in her General Assembly speech. (The US has withdrawn from the Paris accord and from multiple UN agencies. The US never signed onto the Ottawa Convention against antipersonnel land mines; some other countries are withdrawing from it.) BELARUS “The actions of the United States of America to reduce its support to the UN, which has already caused plans to cut staff in our organisation, are a very unpleasant wake-up call. But you'll have to agree that if the UN is able to be an impartial forum and move with the times, it will be in demand by everyone.” — Foreign Minister Maxim Ryzhenkov of Belarus in his General Assembly speech.

CONGO “I applaud, in this regard (the Congo-Rwanda peace deal ) the leadership of President Donald Trump.” — President Felix Tshisekedi of Congo in his General Assembly speech. Rwandan Foreign Minister Olivier Nduhungirehe also credited “strong leadership” from Trump and Qatari Emir Sheikh Tamim bin Hamad Al Thani.

HAITI “I also must thank President Trump's administration for the efforts made to bring support and resources to our common fight against gangs, the enemies who threaten both Haiti and the whole region.” — Laurent Saint-Cyr, head of Haiti's transitional presidential council, in his General Assembly speech.

SAINT KITTS AND NEVIS “We recognize the serious threats posed by drug trafficking and other transnational crimes. These scourges must be addressed through cooperation, dialogue respect for sovereignty and the full respect for the principles of international law....We encourage dialogue between our two friends — the Bolivarian Republic of Venezuela and the United States of America — to ensure that our region remains a zone of peace.” — Prime Minister Terrance Drew of Saint Kitts and Nevis.

COLOMBIA “Was it really necessary to bomb unarmed, poor young people in the Caribbean? The anti-drug policy is not meant to stop cocaine that is coming to the United States. The anti-drug policy is to dominate the peoples of the South as a whole.... And there should be criminal cases against those officials of the United States for doing this, including the the utmost official, President Trump, who allowed the shooting of missiles against these young people who were simply trying to escape poverty.” — Colombian President Gustavo Petro in his General Assembly speech.

SOUTH KOREA “It would be fantastic if (Trump and North Korean leader Kim Jong Un) met with each other in the near future. And (South Korean) President Lee Jae Myung made it clear to President Trump that he will not be sitting in the driver's seat. He asked President Trump to become a peacemaker, and he relegated himself to become a pacemaker. We don't mind. On the contrary, we want President Trump to exercise his leadership to pull North Korea to dialogue table.” — South Korean Foreign Minister Cho Hyun, in an interview with the Associated Press.

IRELAND “I call on those who have provided — and who continue to provide — Israel with the means necessary to prosecute its war (in Gaza) to reflect carefully on the implications of their actions and the consequences for the Palestinian people.” — Irish Prime Minister Micheal Martin in his General Assembly speech.

ISRAEL “Thankfully, President Trump's administration is forcefully fighting the scourge of antisemitism, and every government here should follow its lead.” — Israeli Prime Minister Benjamin Netanyahu in his General Assembly speech.

PALESTINIANS “We are ready to work with US President Donald Trump and with the Kingdom of Saudi Arabia and France and the United Nations to implement (a proposal for settling the Israeli-Palestinian conflict).” — Palestinian leader Mahmoud Abbas in his video speech to the General Assembly.

BRAZIL “I think that indeed there was some chemistry there.... I'm going to treat him with the respect that he deserves as the president of the US, and he's going to treat me with the respect that the president of the Federal Republic of Brazil deserves.” — Brazilian President Luiz Inacio Lula da Silva at a press conference at UN headquarters after he and Trump crossed paths in the General Assembly hall. (AP) MPL MPL

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