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September 4, 2026
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Equity market resilience was tempered by profit booking, geopolitical tensions, global rate expectations and domestic liquidity.
Equity markets registered a recovery after four consecutive losing sessions, led by buying in metal, private banking, oil and gas, housing finance, telecommunication, insurance, commodities and financial services shares. The benchmark equity index closed higher, while the broader index recorded a modest gain after retreating from an intraday level above the psychological threshold during the newly introduced Closing Auction Session. Investor sentiment was supported by easing interest-rate concerns, strong earnings momentum, resilient economic growth and domestic demand, but was constrained by profit booking, geopolitical tensions and crude-oil price risks.
September 4, 2026
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Forex reserve management reflects rising foreign currency assets and gold holdings, alongside marginal declines in SDRs and IMF reserve position.
India's foreign exchange reserves increased to a fresh all-time high, supported principally by higher foreign currency assets and gold reserves. Reserve accumulation has continued after concessional foreign-exchange swap initiatives introduced amid local-currency depreciation. Foreign currency assets, expressed in United States dollar terms, also reflect valuation effects from movements in currencies such as the euro, pound and yen. Special drawing rights and the reserve position with the International Monetary Fund declined marginally.
September 4, 2026
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IPO regulatory clearance enables further public issue preparations, with existing shareholders proposing a complete offer for sale.
SEBI's final observations on the proposed initial public offering enable the National Stock Exchange to undertake further public-issue preparations, subject to applicable regulatory requirements. The proposed issue is structured entirely as an offer for sale, under which existing shareholders would divest a portion of their holdings rather than the exchange issuing new shares. The draft red herring prospectus contemplates sale of 14.89 crore shares, representing nearly 6 per cent of the exchange's stake.
September 4, 2026
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Personal security frameworks evolved from elite guards into intelligence-led protection systems, while VIP culture can distort their necessity.
Personal security evolved from elite guards into structured systems combining physical protection, intelligence, technology and specialised protocols. Prime Ministerial security in India was reorganised after the 1984 assassination of Prime Minister Indira Gandhi by her bodyguards. A commission recommended a single protective agency, leading to the formation of the Special Protection Group in 1985. Statutory parameters introduced in 1988 sought to rationalise and scientifically streamline protection arrangements. Advanced technology, training, intelligence and protocols do not eliminate personal-protection vulnerabilities, and security is characterised as a necessity rather than a status symbol.
September 4, 2026
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Rupee exchange-rate movement reflects foreign-currency deposit inflows, central-bank intervention, oil-price risks and changing market risk appetite.
Foreign-exchange liquidity measures, including a special central-bank programme for foreign-currency deposits, generated substantial inflows that supported the rupee. Inflows from foreign-currency deposits, overseas foreign-currency borrowings and external commercial borrowings strengthened market conditions. Rupee appreciation was also supported by foreign equity inflows and risk appetite, but remained vulnerable to higher crude-oil prices, US-Iran tensions, safe-haven demand for the US dollar and possible disruption to oil flows through the Strait of Hormuz.
September 3, 2026
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Trade agreement consultations safeguard farmer, worker, MSME and sectoral sensitivities while phased bilateral tariff negotiations continue.
India-US bilateral trade agreement negotiations are being pursued on the stated basis that Indian sensitivities will not be compromised. The agreement's text remains non-public, while the government position identifies farmers, fishers, micro, small and medium enterprises, workers, handloom and handicrafts sectors, and the automobile industry as protected considerations. The arrangement is described as a first tranche, with further engagement contemplated following changes in the United States tariff landscape.
September 3, 2026
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Unauthorised toll collection apps allegedly generated fake receipts, concealed non-FASTag collections, and triggered a money-laundering investigation.
Unauthorised digital applications allegedly enabled toll collection from vehicles without FASTag stickers outside the official reporting system. Mobdata and Any were allegedly used to generate unauthorised or fake toll receipts, conceal collections from NHAI, and monitor such collections through dedicated portals. A PMLA investigation followed an FIR alleging fraudulent toll collection, with digital forensic material indicating use of the mechanism across around 100 toll plazas. Searches resulted in seizure of financial and digital records and freezing of bank accounts.
September 3, 2026
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Economic offence investigations: cross-border training strengthens officers' practical skills in investigation, prosecution, procedures, and handling complex financial crimes.
Capacity-building training under the Indian Technical and Economic Cooperation programme equipped officers from member countries with practical skills for investigating economic offences. It covered varied forms of financial and economic crime, cross-border impact, challenges in investigation and prosecution, standard operating procedures, and investigative best practices. The specialised law-enforcement engagement aims to strengthen international cooperation and investigative capacity in economic-offence matters.
September 3, 2026
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Unauthorised Aadhaar credential use triggers blacklisting and procurement debarment following alleged post-termination enrolment and update transactions.
Alleged unauthorised use of Aadhaar Registrar/EA Code credentials after termination of an operational engagement led the Delhi Construction and Other Workers Welfare Board to blacklist MDS Solution Pvt Ltd. UIDAI communication indicated that Aadhaar-related activity allegedly continued after cancellation through the Board's credentials. The Board lodged a police complaint, barred the firm from its tenders, procurement processes, empanelment and contract awards, and recommended consideration of action under applicable rules and policies.
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
Show AI Summary
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.

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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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