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    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
    Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee August 3 to 5, 2026
    Stock markets edged higher in early trade amid lower crude oil prices, buying in Reliance Industries
    Monthly review of accounts of Government of India upto June 2026 (FY 2026-27)
    DRI busts illegal drug manufacturing unit in Satara district in Maharashtra; two arrested
    CCI approves proposed combination inter alia involving share acquisition(s) and merger of certain entities e.g. AAPC India, Triguna, Caddie, SMPL, Tec...
    Rupee gains 20 paise to close at 95.08 against US dollar post-RBI policy decision
    TN Budget: Revenue deficit at Rs 55,775 crore, fiscal deficit estimated at Rs 1,21,819 crore
    Tatkare slams ‘gungi gudiya’ jibe against Sunetra; Cong says row being exploited for political gains
    RBI invites public comments on Draft Guidelines for ‘on tap’ Licensing of Urban Co-operative Banks
    Pakistan-origin dry dates, routed through UAE, seized at Kandla port
    RBI keeps rates unchanged, retains neutral stance; outlook uncertain on El Nino, geopolitical risks
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    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
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    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
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    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
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    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
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    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.
    August 6, 2026
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    Neutral monetary policy stance continues as resilient growth and food-fuel inflation risks require close macroeconomic monitoring.
    The Monetary Policy Committee retained the policy repo rate and continued the neutral monetary policy stance, citing the need to assess evolving growth-inflation conditions. Domestic activity was assessed as resilient, supported by consumption, investment, credit, manufacturing, services and exports, although global uncertainty, energy prices, supply-chain pressures, geopolitical developments and monsoon conditions remain risks. CPI inflation increased mainly because of food and fuel pressures, while underlying inflation remained moderate. The Committee considered that price pressures were not yet generalised and reaffirmed its commitment to align inflation with the target.
    August 6, 2026
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    Closing auction price discovery and a neutral monetary policy stance shaped equity market conditions amid lower crude prices.
    The Closing Auction Session in the equity cash segment introduced an auction-based mechanism for determining closing prices of eligible shares with futures and options contracts, intended to make price discovery more transparent and robust. The Reserve Bank of India retained its neutral stance and left the benchmark policy rate unchanged, pending greater clarity on the inflationary effects of higher energy costs. Future policy decisions were stated to be data dependent.
    August 6, 2026
    Show AI Summary
    Monthly public accounts review records receipts, expenditure, tax devolution, interest payments, subsidies, and capital spending through June.
    Consolidated monthly accounts up to June 2026 report total receipts of Rs.10,49,243 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution transfers to State Governments total Rs.2,63,336 crore. Total expenditure is Rs.13,57,076 crore, including revenue expenditure of Rs.10,16,818 crore and capital expenditure of Rs.3,40,258 crore. Revenue expenditure includes interest payments and major subsidies.
    August 6, 2026
    Show AI Summary
    Illicit psychotropic drug manufacture triggered seizure, apprehensions, and investigation into planned trafficking under narcotics control law.
    Illicit manufacture and trafficking of Alprazolam and Diazepam, psychotropic substances regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985, were detected at a clandestine facility. Searches recovered finished and intermediary substances, together with raw materials and reaction mixtures used in manufacture, and the goods were seized under the Act. The manufacturer and an intended buyer were apprehended, with material indicating a proposed transaction for further illicit trafficking. Preliminary investigation indicated prior involvement in illegal drug production and trafficking.
    August 6, 2026
    Show AI Summary
    Competition approval for hotel-sector consolidation covers share acquisitions and merger of Accor-branded hotel entities into InterGlobe Hotels.
    Competition approval was granted for related share acquisitions and the merger of AAPC India, Caddie, Triguna, Srilanand Mansions, Techpark and Accent into InterGlobe Hotels. The combination involves entities jointly controlled by the Bhatia Family Group and the Accor Group, including hotel-owning and developing entities, hotel management and franchising operations, leasing activities, and captive consultancy and support services relating to Accor-branded hotels in India.
    August 5, 2026
    Show AI Summary
    Rupee appreciation followed unchanged monetary policy, lower crude prices, weaker dollar and expectations of orderly exchange-rate management.
    The rupee strengthened after the central bank maintained its policy rate and neutral monetary-policy stance. Lower crude oil prices, a weaker US dollar and declining US Treasury yields supported investor sentiment. Earlier measures to attract capital inflows remained part of the framework supporting the rupee, while the central bank stressed its endeavour to preserve an orderly currency trajectory. Future movement was linked to geopolitical de-escalation, global risk sentiment and US economic data.
    August 5, 2026
    Show AI Summary
    Fiscal consolidation through revenue mobilisation and leakage control aims to reduce deficits while expanding capital expenditure capacity.
    Tamil Nadu's Revised Budget Estimates for 2026-27 project a revenue deficit and fiscal deficit, with outstanding liabilities comprising public debt and public-account liabilities. Revenue mobilisation is proposed through improved tax administration, collection efficiency, closure of leakages, liquor-manufacturer privilege fees, and eligible Union grants. The strategy projects gradual deficit reduction to create room for capital expenditure, supported by expenditure reforms aimed at eliminating leakages, optimising expenditure, and improving service delivery.
    August 5, 2026
    Show AI Summary
    Political criticism of public office-holders raises debate over media accountability, personal remarks, and acceptable public discourse.
    Political criticism followed a social-media post describing Maharashtra Deputy Chief Minister Sunetra Pawar as "gungi gudiya" in connection with a press interaction on law-and-order issues in Beed district. Congress representatives stated that the post was not a personal insult, had been deleted after adverse reactions, and was followed by an expression of regret. NCP representatives termed the expression inappropriate and stressed that the principal dignitary should conduct media interactions. Shiv Sena (UBT) representatives described the phrase as not unparliamentary and linked it to criticism of a guardian minister's public responsibilities.
    August 5, 2026
    Show AI Summary
    On-tap licensing for Urban Co-operative Banks enters public consultation through draft guidelines inviting stakeholder feedback.
    Draft guidelines for 'on tap' licensing of Urban Co-operative Banks have been issued for public and stakeholder consultation. Comments and feedback may be submitted until September 05, 2026, through the designated online consultation facility or by written or email submission to the specified regulatory department.
    August 5, 2026
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    Prohibition on indirect Pakistan-origin imports targets alleged origin misdeclaration and UAE routing used to circumvent trade restrictions.
    Import prohibition on goods originating in Pakistan applies to direct and indirect imports under the Foreign Trade Policy, 2023. Pakistan-origin dry dates routed through the UAE were allegedly declared as UAE-origin goods for import, and were intercepted under the Customs Act, 1962. Investigation indicated that the goods were first sent from Pakistan to Dubai, re-containerised, and then exported to India. A separate interception involved Pakistan-origin guggul resin allegedly declared as Somali natural resin and routed through Dubai.
    August 5, 2026
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    Neutral monetary policy stance keeps benchmark rates unchanged while inflation risks, liquidity management and consumer-protection reforms remain under review.
    Monetary policy maintains the benchmark policy rate unchanged and retains a neutral stance, with future decisions guided by incoming data. The central bank remains committed to aligning headline inflation with its medium-term target while monitoring food, fuel and other input-cost risks. Surplus liquidity will be managed through two-way operations, and the regulatory framework for interest rates on advances is proposed to be harmonised and standardised across regulated entities to improve transparency and consumer protection.

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      Yellow Plate Dialogues 2025: Driving India's Shared Mobility Revolution

      September 30, 2025

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      New Delhi, Delhi, India (NewsVoir) As part of a pioneering initiative, World Auto Forum (WAF) recently organised The Yellow Plate Dialogues (YPD), brought together leaders from top fleet companies, Heads of Transporters Associations, Auto OEMs, Dealer Groups & Tech Cos toe-commerce leaders, IT corporates, auto OEMs, and dealer groups to Co-Create the Shared Vision for Shared Mobility.

      The program instantly became a melting pot of insights, strategies, and actionable solutions to transform India’s mobility ecosystem.

      WAF is thankful to the Yellow Plate Dialogues partners, whose support was instrumental in making the program a success: Powered By: Skoda Auto India Gold OEM Partners: JSW MG Motor India | Volkswagen India Gold Partners: Gallops Group | Madhus Garage Equipment | Nippon Paint India Partners: Global Assure | CarPhD.com In his Welcome Keynote, Anuj Guglani, Founder & CEO of WAF Group, set the tone for the day, “Shared mobility is about shared responsibility and shared progress. When all stakeholders unite, we don’t just discuss the future - we build it. Better suited & safer vehicles, Drivers’ welfare, group insurance schemes for their families, good education for their children, ease of doing business, safer roads and we can have a thriving ecosystem of Win-Win!” Vishal Bhat, Head of Sales, Skoda Auto India, said, "At Skoda, we are committed to empowering fleet operators with vehicles that combine safety, efficiency, and connected technologies. Our aim is to support sustainable growth while enhancing the overall mobility experience for drivers and passengers alike." The YPD program featured two forward-looking Power Panel Discussions and an insightful Keynote Session, led by some of the industry’s most respected leaders.

      The first Power Panel at Yellow Plate Dialogues focused on “Main Challenges & Opportunities in Fleet Business – Ease of Doing Business, Compliances, Road Safety, Changing Vehicle Technology, and IT Systems”. The session examined the Current Situation, Desirable Scenario, and practical, sustainable solutions to create a win-win ecosystem for all stakeholders.

      The distinguished panel featured top industry leaders: • Rajiv Vij, Chairman - Carzonrent • Pravesh Dangi, Lead-Corporate Sales - Skoda CPO & Allied Business • Karun Gupta, Head of Fleet Sales - JSW MG Motor India • Mr Bikash Madan, CEO - WTI Cabs • Anil Chhikara, Former Deputy Commissioner - Transport, Govt of NCT of Delhi • Kapil Sharma, COO - Evera Cabs • Anuj Guglani, Founder & CEO - WAF Group (Session Chair) The discussion highlighted the key challenges facing the fleet industry, including: • Infrastructure gaps such as lack of parking and EV charging facilities, causing inefficiencies for drivers and operators.

      • Financing hurdles and resale uncertainties for electric vehicles, creating barriers to wider EV adoption.

      • Regulatory complexities surrounding yellow plate identification and compliance, calling for reforms to simplify operations and improve safety.

      Karun Gupta, Head of Fleet Sales - JSW MG Motor India, emphasizes, “The electrification of the fleet in India is accelerating, fuelled by a growing commitment among corporates to reduce their carbon footprint. This shift presents an opportunity for us to empower fleet operators with our reliable and proven electric vehicles (EVs), backed by tailor-made solutions that enhance efficiency, safety, and profitability.” Panelists also shared practical strategies and emerging opportunities, including: • Deployment of technology-driven solutions like connected cars, fleet management software, and real-time telemetry to improve operational efficiency.

      • Adoption of asset-light business models, leveraging aggregators and partnerships to optimize fleet utilization.

      • Strategies for corporate and B2B fleet growth, including meeting ESG targets through EV adoption and enhancing customer service standards.

      Watch Session on WAF TV here: worldautoforum.com/video/yellow-plate-dialogues-power-panel-1-challenges-opportunities-in-fleet-business The session underscored that collaboration among policymakers, OEMs, fleet operators, insurers, and technology providers is critical to build a resilient, efficient, and sustainable mobility ecosystem.

      At Yellow Plate Dialogues – Keynote Session, Pravesh Dangi, Lead – Corporate Sales, Skoda CPO & Allied Business, shared Skoda’s vision to become a trusted mobility partner for fleet operators. He emphasized the brand’s fuel-efficient German engineering, 5-star safety standards, and tailored maintenance and warranty packages, designed to enhance operational efficiency and reliability.

      Pravesh also highlighted Skoda’s connected technologies and growing presence across 200+ cities, providing fleet operators with a premium, seamless experience for both drivers and passengers, while supporting a sustainable and efficient mobility ecosystem.

      "Fleet operations today require smart, scalable solutions. By leveraging connected technologies, we enable operators to transform operational challenges into profitable opportunities," said Tanuj Pugalia, Managing Director, Gallops Group.

      "At Madhus Garage Equipment, we are committed to empowering fleets and drivers with the knowledge and tools for better road performance. We believe that regular wheel alignment and wheel balancing aren’t just maintenance checks - they are essential practices that help fleet operators and vehicle owners run their vehicles reliably, efficiently, and sustainably," said Nikhil B, Managing Director, Madhus Garage Equipment.

      The second Power Panel at Yellow Plate Dialogues explored the theme: “Success Sutras of Fleet Business – Maximizing Profitability, Customer Acquisition, Satisfaction, and Retention across Internal and External Operations, ETS, Car Rental, Vehicle Lease, and Subscription Models.” The power panel brought together leading industry experts and fleet business pioneers, including: • Satish Sehrawat, Owner, Ten Travels & President, ITTA • Rajesh Loomba, Chairman, Eco Mobility • Sandeep Gambhir, CEO, Vertelo • Hari Kaushik, CEO, WTI Fleet Pro • Sachin Punni, Director, Volercars • Anuj Guglani, Founder & CEO - WAF Group (Session Chair) The discussion centered on strategies to drive growth and operational excellence in a rapidly evolving mobility ecosystem. Key insights included: • Profitability enhancement through optimized fleet utilization, cost-effective operations, and innovative business models such as vehicle leasing and subscription services.

      • Customer acquisition and retention strategies, emphasizing superior service delivery, technology integration, and personalized experiences for both B2B and B2C clients.

      • Operational best practices, including digital tools, telematics, and fleet management systems to improve efficiency, reduce downtime, and enhance driver and passenger satisfaction.

      • Market expansion opportunities across traditional car rentals, emerging EV fleets, and corporate leasing solutions, highlighting how adaptability and innovation are critical for long-term success.​ Panelists emphasized the importance of collaboration between fleet operators, OEMs, technology providers, and policy stakeholders to create a resilient, scalable, and sustainable fleet ecosystem.

      The session concluded with a consensus that fleet businesses that combine operational excellence, customer-centric strategies, and innovative mobility solutions will emerge as leaders in India’s evolving shared mobility landscape.

      Valedictory & Vote of Thanks The summit concluded with recognition of partners and associates who contributed to the success of YPD 2025. Delivering the Vote of Thanks, Anuj Guglani expressed gratitude to panelists, partners, and stakeholders, noting, “The first edition of Yellow Plate Dialogues has laid the foundation for a collaborative, resilient, and sustainable shared mobility ecosystem for India. It is heartening to see the leaders from the Fleet Cos & Auto Makers already requesting for the next edition of Yellow Plate Dialogues!” Yellow Plate Dialogues | Power Panel 1 – Challenges & Opportunities in Fleet Business: www.youtube.com/watch?v=8cUwnb2wgAA About WAF World Auto Forum (WAF) is a global Auto & Mobility Think Tank with community members across 125 countries. It serves as a platform where Chairpersons and CXOs engage as actively as interns and young professionals, making it one of the most inclusive industry networks worldwide.

      WAF Auto News is ranked the world’s No. 1 in Auto News, Auto Awards, and Auto Think Tank ( just try and Google once!), while WAF TV, its digital broadcasting arm, hosts around a thousand industry videos and dialogues.

      WAF also curates widely respected programs including 13th WAF Awards, 11th IVASS by WAF, Yellow Plate Dialogues, and CXO Roundtables — platforms where top leaders of the auto and mobility ecosystem turn meaningful conversations into impactful action.

      11th IVASS - India Vehicle After Sales Summit - The Place where top After Sales Service Leaders, their teams, Dealers and Suppliers meet each year! It shall be on 13th Dec, 2025, Holiday Inn Aerocity, New Delhi. The Second Sat of Dec each year is IVASS Day! For more information, please contact: Sheenu Kamra, [email protected], 9810714455 Anuj Guglani, [email protected] Follow Us at #yellowplatedialogues, #YellowPlate, #YPD, #waftv, #WafAnnualPartner, #IVASS Official WAF Site: worldautoforum.com YPD 2025 Pics: www.facebook.com/media/set/?set=a.1254193576719673&type=3 YPD Session Videos at WAF TV: worldautoforum.com/waf-tv (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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