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    India successfully concludes the 16th BRICS Trade Ministers' Meeting in Jaipur under its BRICS Chairship 2026
    GeM Completes a Decade of Transforming Public Procurement with Cumulative GMV Exceeding ₹20 Lakh Crore
    NEWS HIGHLIGHTS
    India's forex kitty swells by USD 10.5 bn to USD 692.87 bn
    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
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    August 7, 2026
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    Multilateral trade cooperation preserves developing economies' policy space while advancing MSME finance, diversified value chains and digital services.
    BRICS ministers adopted measures supporting a development-centred multilateral trading system with the World Trade Organization at its core, preservation of Special and Differential Treatment, binding two-tier dispute settlement, and developing economies' policy space for food security and public stockholding. MSME measures include study of an invoice discounting mechanism and credit-assessment principles focused on cash flow rather than collateral. Value-chain measures provide for a GVC Action Plan, technical cooperation, Special Economic Zone cooperation and digitised trade documents, alongside principles for trusted cross-border digitally delivered services.
    August 7, 2026
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    Digital public procurement promotes transparent sourcing, reduced seller charges, competition monitoring and evidence-based spending oversight through an integrated marketplace.
    Government e-Marketplace digitises public procurement through a unified platform promoting transparency, efficiency, good governance and wider supplier participation. Seller-facing measures include reduced transaction charges, exemption of smaller orders, a cap on maximum transaction fees and reduced vendor assessment fees. The platform uses Artificial Intelligence and Machine Learning tools to identify suspected cartelisation, collusion and order splitting, while its digital transactional trail supports expenditure monitoring, identification of inefficiencies and evidence-based policy interventions.
    August 7, 2026
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    Criminal justice, extremist-material regulation and administrative schemes feature in reports on prosecutions, demolition practices, loan waivers and fuel policy.
    Criminal justice reports cover bail and an expedited trial in an assault prosecution, arrest for allegedly sheltering an accused, allegations of rape and murder of a minor, and claimed irregularities in a police recruitment examination. Regulatory developments include a ban on extremist literature associated with proscribed organisations and judicial disapproval of coercive demolition. Administrative coverage includes farmer loan-waiver transfers following Aadhaar authentication and debate over the E20 fuel-blending programme.
    August 7, 2026
    Show AI Summary
    Foreign exchange reserves rose as foreign currency assets, gold holdings, Special Drawing Rights and IMF reserve position increased.
    India's foreign exchange reserves increased during the week ended July 31, principally because of higher foreign currency assets and gold reserves. Foreign currency assets include US dollar valuation effects arising from movements in currencies such as the euro, pound and yen. Special Drawing Rights and India's reserve position with the International Monetary Fund also increased. The movement followed measures to attract foreign exchange inflows, including an FCNR(B) measure, after earlier reserve declines associated with rupee pressure and dollar sales for foreign exchange market intervention.
    August 7, 2026
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.

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      Made for 10/10 Celebrations: Tata CLiQ Fashion, Tata CLiQ Luxury, and Tata CLiQ Palette announce their flagship festive sale event, 10/10

      September 29, 2025

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      Avail exceptional offers from leading fashion, luxury, and beauty brands starting 1st October Mumbai, Maharashtra, India – Business Wire India With the festive spirit in full swing, it’s the perfect time to elevate one’s style. Tata CLiQ, the omnichannel e-commerce platform, is hosting its annual flagship 10/10 Sale on Tata CLiQ Fashion, Tata CLiQ Luxury, and Tata CLiQ Palette, from October 1 to October 12, 2025. The sale offers consumers exciting offers across apparel, accessories, beauty, eyewear, footwear, home, jewellery, watches, and more, allowing them to shop from their favourite brands, discover the season’s latest trends, and reimagine their festive wardrobes and beauty collections that make them feel like a 10/10 in their own story. Mr. Sumit Puri, Vice President – Marketing and Central Operations, Tata CLiQ, said, “At Tata CLiQ, the festive season is off to a strong start, and with our annual flagship 10/10 Sale starting on October 1, we anticipate this momentum to continue. For the sale, consumers can look forward to a bouquet of offers across categories, allowing them to shop from a wide range of curated looks and products that make them feel like a 10/10 in every moment. On Tata CLiQ Fashion, we have also introduced House of Utsav, a curated festive destination that brings together the season’s most stylish picks. Categories like apparel, ethnic wear, footwear, jewellery, and beauty are expected to drive demand on the platform. On Tata CLiQ Luxury, we expect watches, Indiluxe Fashion, beauty, and accessories to lead growth. We are focused on elevating the customer experience and curating collections that make festive shopping trendy and seamless.” On Tata CLiQ Fashion, enjoy 50-85% off on a wide range of fashion and lifestyle brands this festive season, along with benefits such as extra 10% off with code BIGSAVE, free shipping, and INR 2000 cashback, subject to T&C. It's the best time to upgrade one’s wardrobe, as menswear brands like Adidas, Levi’s, Rare Rabbit, Spykar, and U.S. Polo Assn. are all at a minimum of 50% off, and womenswear brands like Biba, Forever New, GAP, Libas, Rareism, Varanga, and Vero Moda are up to 50-70% off. Step into style, as Adidas, Asics, Puma, Skechers, and more in the footwear category are up to 40-60% off. Complete your ensemble with statement handbags from Aldo, Guess, and Metro are a minimum 40% off and Hidesign is at flat 50% off. Add a touch of sparkle to your look, as Bhima Jewels, Giva, Kushals, and P.N. Gadgil in the jewellery category have irresistible offers. Timepieces from brands like Casio, Guess, and Timex are up to 40-50% off, and Titan is at a minimum of 20% off. In the home category, enjoy up to 20-70% off on brands like Bianca, D’Decor, Godrej Interio, and Prestige. Sports and fitness enthusiasts can shop from Decathlon’s wide range of product categories across running, cycling, football, swimming, trekking, and a myriad of other sports on the platform, which is up to 50% off. Travel in style this festive season with premium luggage from American Tourister, Skybags, and Tommy Hilfiger, have offers one can’t miss this season. With up to 60% off, Tata CLiQ Palette brings the best of beauty, wellness, and fragrances. Glow up this festive season as skincare brands like Cosrx, Garnier, and Minimalist are up to 15-50% off. Make-up brands like Lakme and Maybelline are up to 50% off. Stock up on haircare essentials from L’Oréal Paris, Schwarzkopf Professionals, Streax Professionals, Wella Professionals, and Wishcare that are up to 30-50% off. Shop for signature fragrances from Calvin Klein, Guess, Jaguar, and Skinn by Titan that are up to 20-50% off. Refresh your self-care routine with brands like Fab Essentials, Ghar Soaps, Kimirica, Perfora, and The Love Company, offering up to 20-75% off. Health and wellness products from Fast&Up, GNC, Nutrabay, Steadfast, and Swisse are also available at up to 30-80% off. In the luxury beauty section, avail up to 30% on Clinique and M.A.C., along with complimentary gifts. De Fabulous and Elizabeth Arden also have offers. Tata CLiQ Palette is now available on the Tata CLiQ Fashion app, making it easier than ever for one to shop for their favourite beauty picks this festive season. Tata CLiQ Luxury, India’s premier luxury lifestyle platform, invites its esteemed customers to avail up to 50% off on leading global and Indian premium and luxury brands this festive season. Menswear must-haves from Calvin Klein Jeans, Gant, Lacoste, and True Religion are available at up to 50% off. In womenswear, Forever New, Guess, and Tommy Hilfiger are up to 50% off, and GANT and MAC Duggal have fantastic offers too. Enjoy incredible savings on Calvin Klein Underwear, Guess, La Vie en Rose, and Mysthelle in the lingerie section. The footwear category featuring brands like Adidas Originals, ALDO, New Balance, and Under Armour are up to 30-50% off. Kids’ fashion from Karl Lagerfeld Kids, Kenzo Kids, Marc Jacobs, and Tommy Hilfiger have standout offers. The Indiluxe section features celebrated labels such as Da Milano, Masaba, Ritu Kumar, and Rosso Brunello, that are up to 50% off. Make every second count with timepieces from Fossil, Guess, Maserati, Michael Kors, and Versace, that are up to 50% off. Eyewear from Burberry, D&G, Michael Kors, Prada, Ray-Ban, Tom Ford, and Versace have unmissable offers. Accessories from Aldo, Aspinal of London, Guess, and Mulberry are 30–50% off, while jewellery from Swarovski and Ted Baker have attractive offers. Ecovacs, Hafele, Le Creuset, Spread Spain, Swarovski, and Zippo, in the home category, have offers one can’t resist. Avail up to 10-25% off on fragrances from Jean Paul Gaultier and Yves Saint Laurent and gifts with purchases from Tom Ford. Beauty enthusiasts can enjoy up to 30% off on Bobbi Brown and Estée Lauder, along with complimentary gifts, and up to 35% off on Dyson products. Plus, get premium gifts with purchases from Moroccanoil. Tata CLiQ Fashion and Tata CLiQ Luxury are offering a 15% instant discount on ICICI Bank credit cards and IDFC First Bank credit and debit cards from 01 October – 12 October 2025, subject to T&C. Shop here – https://www.tatacliq.com/https://luxury.tatacliq.com/ To View the Image, Click on the Link Below: Tata CLiQ’s flagship festive sale, 10/10—made for 10/10 celebrations (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI

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