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    Trump used to slam China. Here's why he's now rolling out the red carpet for Xi
    RBI orders removal of Maharashtra minister Babasaheb Patil, 7 others as directors of Latur DCC Bank
    LPG subsidy: Aadhaar biometric authentication mandatory for subsidised refills from Oct 1
    RBI orders removal of Maharashtra minister Babasaheb Patil, 7 others as directors of Latur DCC Bank
    US tariffs on Indian goods: A Chronology
    Graft case: Kerl BJP chief alleges 'fixed match' between Congress, CPM
    India's FTAs opening new career opportunities for youth: PM Modi
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    India's forex reserves drop by USD 4.924 billion to USD 780.782 billion: RBI data
    Govt eases sugar stockholding limit for bulk users to 30 days ahead of festive season
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    India–Nepal Inter-Governmental Sub-Committee on Trade, Transit and Cooperation to Control Unauthorised Trade Meets in New Delhi
    OnEMI Technology Solutions Limited’s Board Approves Fundraise of approximately ₹832 Crore through a Preferential Issue of Securities
    CGST Delhi South officers bust firm in fraudulent availment of ITC involving over Rs. 25.22 crore; proprietor arrested
    Net direct tax collection rises 13 pc to Rs 12.12 lakh cr till Sep 17 on higher advance tax mop-up
    Protean launches next-generation KYC Onboarding & Reporting Solution at Global Fintech Fest 2026
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September 20, 2026
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Tariff policy and trade truce reshape bilateral engagement as rare-earth leverage limits coercive economic measures.
United States-China trade relations are being conducted through continued tariff policy, prior export restrictions, and a trade truce after escalating tariffs did not achieve their intended effect of changing Chinese economic conduct. China's concentrated supply of rare-earth inputs used in electronics provided negotiating leverage and contributed to the trade armistice. Indications that Chinese goods are routed through third countries to lessen tariff exposure qualify the decline in the bilateral goods imbalance. Continued tariffs have not constrained China's manufacturing expansion or its access to export markets.
September 20, 2026
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Ten-year director tenure cap governs removal of ineligible cooperative bank board members after regulatory review.
RBI required Latur District Central Cooperative Bank to remove directors considered ineligible for exceeding the ten-year maximum tenure applicable to district central cooperative bank directors. The action invoked director ineligibility under the Banking Regulation Act. Following a complaint and a court-directed timeline for regulatory action, RBI sought responses from the concerned directors, seven of whom resigned. An issue was raised over whether the tenure cap could apply retrospectively to appointments made before its stated commencement and whether it was being applied uniformly.
September 19, 2026
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Biometric Aadhaar authentication becomes essential for domestic LPG consumers seeking regulated subsidised refill bookings, while market-price supply remains available.
Biometric Aadhaar authentication is required from October 1 for domestic LPG consumers to book subsidised refills at the regulated retail selling price. Authentication can be completed through delivery personnel, distributor showrooms or designated mobile applications. Consumers unwilling or unable to authenticate may obtain LPG at the applicable market price without subsidy after registering their choice through specified digital channels. The framework distinguishes subsidised LPG linked to Aadhaar-authenticated consumers from market-priced LPG and seeks targeted subsidy delivery, reduced leakage, and prevention of diversion, duplicate connections and ineligible access.
September 19, 2026
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Cooperative bank director tenure limits require disqualification and removal when service exceeds the statutory maximum period.
Directors of District Central Cooperative Banks and Central Cooperative Banks are subject to a maximum 10-year tenure under the Banking Regulation Act, 1949, as amended by the Banking Laws (Amendment) Act, 2025. RBI directed removal of a director ineligible to continue under section 10A(2A)(i), read with section 56, following concerns that directors of Latur District Central Cooperative Bank had exceeded the permitted tenure.
September 19, 2026
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Tariff treatment of Indian exports shifted from reciprocal duties to targeted trade measures, sectoral duties, and specified exemptions.
Upon expiry of the temporary global measure, an India-targeted 10 per cent Section 301 tariff, linked to forced-labour concerns, replaced it; the effective charge for most covered exports remained MFN duty plus 10 per cent. The current regime applies the Section 301 tariff to Indian exports except specified goods, with separate sectoral duties on steel, aluminium and auto components. Smartphones, medicines and energy products are exempt.
September 19, 2026
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PMLA-based FIR request over alleged consultancy payments remains under legal examination amid criticism of non-registration.
Enforcement Directorate sought registration of an FIR concerning alleged fraudulent payments by Cochin Minerals and Rutile Ltd to Exalogic Solutions, represented as IT consultancy fees. The request relied on evidence gathered through investigation and searches under the Prevention of Money Laundering Act. Registration remained under consideration after receipt of the Advocate General's legal opinion, with the Home Department examining the matter.
September 19, 2026
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Free trade agreements expand market access, entrepreneurial partnerships and youth career opportunities alongside public-sector recruitment and development participation.
Free Trade Agreements are presented as mechanisms for expanding cross-border partnerships, market access for entrepreneurs, and career opportunities for young persons. Youth employment is also linked to the expansion of the startup ecosystem beyond major cities and to public-sector recruitment through Rozgar Melas. Newly selected candidates are to join central government ministries, departments and organisations. Public service is framed around citizen-centred administration and decisions supporting a developed and self-reliant India.
September 19, 2026
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AI governance for regulated financial services enables natural-language automation while preserving enterprise security, auditability, control, and scalable deployment.
Assist-Edge enables teams to describe intended processes in natural language and use AI to create, modify, and enhance executable workflows. Working with reusable AI agents and workflows, it supports discovery, customisation, deployment, and scaling of enterprise automation. For banking, financial services, and insurance operations, its use is positioned alongside security, governance, auditability, and control, supporting governed adoption of scalable AI capabilities and movement from isolated experimentation to enterprise-wide intelligent automation.
September 19, 2026
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Recurring token reward distributions connect eligible holdings, platform activity, and partner participation through hourly settlement cycles.
BC Engine permits eligible $BC holdings to participate in hourly settlement rounds distributing BCD rewards. Participants can monitor active balances, cumulative rewards, unclaimed BCD, and settlement history through the Engine interface. Settlement amounts vary with ecosystem activity, while the mechanism links platform activity, token utility, user participation, and commercial partners through repeated value distribution rather than one-time promotional incentives.
September 19, 2026
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Asset monetisation of surplus public land and buildings is accelerated through transparent, value-oriented processes and stakeholder coordination.
NLMC's Board recommended monetisation proposals involving surplus land and building assets valued at over Rs. 5,000 crore. Monetisation is facilitated through asset identification, due diligence, valuation and appropriate process structuring, with emphasis on transparency, efficiency and value realisation. Sustained coordination with asset-owning entities is intended to expedite implementation and support timely, commercially appropriate monetisation of underutilised public assets.
September 19, 2026
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Zero forex markup on credit cards applies automatically to international transactions without conditions while preserving applicable rewards.
Zero Forex Markup applies automatically to international transactions made through all existing and new credit cards, without a new-card application, upgrade, spending threshold or other stated condition. International card spends do not attract forex markup charges. Reward Points or Cashback, where applicable to the relevant card, continue on international transactions. Existing credit cards may be used for overseas and cross-border payments without requiring a separate forex card solely to avoid such charges.
September 18, 2026
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Foreign exchange reserve valuation reflects currency movements as foreign currency assets and gold holdings decline.
India's foreign exchange reserves declined to USD 780.782 billion for the week ended September 11, driven by reductions in foreign currency assets and gold holdings. Foreign currency assets fell to USD 645.796 billion, with their dollar value reflecting movements in reserve currencies against the US dollar. Gold reserves also declined, while Special Drawing Rights increased to USD 18.845 billion. The reserve position with the IMF stood at USD 4.916 billion.
September 18, 2026
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Bulk sugar stockholding limits now allow expanded inventories only where additional supplies derive from designated import channels.
Bulk sugar consumers using more than 10 tonnes monthly as a raw material may hold up to 30 days' requirement instead of 15 days. Holdings above 15 days must consist exclusively of sugar imported under the Tariff Rate Quota or Advance Authorisation Scheme; sugar obtained from the open market remains restricted to 15 days' consumption. Bulk consumers must declare and disclose their sugar inventories every Friday through the food ministry's online portal.
September 18, 2026
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Trade facilitation and digitalisation support regional economic cooperation through simpler customs procedures, paperless exchange, resilient supply chains, and MSME access.
Priority measures included expanded intra-SCO trade, lower trade costs, resilient and diversified supply chains, trusted multimodal connectivity, greater market access, simplified customs processes, paperless trade and electronic document exchange. Digital and cross-border payments and accessible trade finance were identified to enable MSMEs and start-ups to participate in trade and value chains. Ministers agreed an Action Plan for 2026-2030 for further approval and approved regulations for a special working group on creative-economy development.
September 18, 2026
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Customs cooperation and trade facilitation advance electronic origin verification, pre-arrival information exchange, and safeguards against preferential trade misuse.
Customs cooperation and trade facilitation measures included pre-arrival information exchange, electronic verification of Certificates of Origin, and Customs automation and digitalisation. These measures are directed at facilitating legitimate trade while ensuring compliance with applicable rules and preventing misuse of preferential trade arrangements. Rail and road connectivity, freight movement, Integrated Check Posts and land-port infrastructure were reviewed to improve infrastructure utilisation and address operational bottlenecks affecting bilateral and transit trade.
September 18, 2026
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Preferential equity issuance approved to strengthen capital, support digital lending expansion, and fund subsidiary operations subject to required approvals.
OnEMI Technology Solutions Limited has approved a preferential issue of equity shares to identified investors, subject to shareholder and requisite regulatory and statutory approvals. The issuance is proposed under the Companies Act, 2013, the SEBI capital-issue and disclosure framework, other applicable SEBI regulations, and applicable law. Seventy-five per cent of the additional capital raised is proposed for infusion into its wholly owned subsidiary to support lending, technology, digital capabilities and product expansion, while the remaining twenty-five per cent is proposed for general corporate purposes.
September 18, 2026
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Fraudulent input tax credit claims through bogus invoices prompted arrest over alleged invoicing without actual supply of goods.
Alleged fraudulent availment, utilisation and passing on of inadmissible input tax credit involved invoices from purported suppliers found to be non-existent, non-functional, suspended or cancelled. Input tax credit was allegedly claimed without actual receipt of goods and passed on through invoices unsupported by corresponding supplies. Following investigation and recorded statements, the proprietor of an iron and steel trading firm was arrested under statutory arrest powers, while further investigation remains in progress.
September 18, 2026
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Direct tax collections: stronger advance tax payments support growth in corporate, non-corporate, and securities transaction tax receipts.
Direct tax collections grew through September 17, supported principally by increased advance tax payments from corporate and non-corporate taxpayers. Gross collections exceeded Rs 14.32 lakh crore, while net collections, after refunds, exceeded Rs 12.12 lakh crore. Corporate tax collections grew more strongly than non-corporate tax collections, and Securities Transactions Tax receipts recorded significant growth. The trend indicated broad-based tax buoyancy, supported by underlying economic activity, taxpayer confidence and business performance.
September 18, 2026
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Reusable consent-based KYC enables integrated onboarding, reporting, record updates and periodic re-verification for regulated financial institutions.
Central KYC-based onboarding enables regulated financial institutions to reuse a customer's existing verified identity record through the Central KYC Registry with customer consent. The integrated solution supports onboarding, KYC reporting, unsolicited notifications and re-KYC. It retrieves consented KYC records through CKYC APIs, uses facial matching or video-based customer identification for authentication, and applies AI-based duplicate detection. Reporting automates validation, image correction and real-time registry submission, while record updates and simplified periodic re-verification support the currency of institutional KYC information.
September 18, 2026
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Benchmark interest rate normalisation raises borrowing costs while monetary policy monitors inflation, wage growth, currency risks, and economic recovery.
The Bank of Japan increased the uncollateralised overnight call rate from 1.0 per cent to 1.25 per cent, advancing monetary-policy normalisation after a prolonged period of near-zero or negative rates. The increase was assessed against gradual economic recovery, inflation near its target, wage growth, currency fluctuations, elevated crude oil prices, and external risks. Further tightening remains contingent on stable price increases, wage developments, and monitoring of other risks.

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Global Education Summit - 2025 at Chandigarh University Brings Together 75 Academic Leaders from 60 Universities Across 35 Countries

September 30, 2025

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Chandigarh University Signs MoUs with Five Leading Global Universities to Strengthen Academic Collaboration, Joint Research, Student Exchange and Faculty Development Chandigarh, India (NewsVoir) Chandigarh University has been leading on the internationalization of education since it’s inception and in these years, the University has been successful in forging global academic alliances with top ranked universities across the world. To maximize their footprints at the global level and providing exposure to it’s students from top ranked institutions from all parts of the world, Chandigarh University is hosting two-day 5th Global Education Summit at their Mohali campus with renowned academic leaders, think tanks, & policy makers from 60 international universities and 35 countries.

While addressing a gathering of students during two-day long 5th edition of Global Education Summit Global Collaborations for Shaping the Future of Higher Education: Creating AI Empowered, Technology-Deepening, Inclusive and Sustainable Nations, Juan Antonio March Pujol, Ambassador of Spain to India said, “AI is not a threat but an opportunity, opening new fields and careers. The key is knowing your capacities and delivering what others need, fostering innovation, entrepreneurship and solutions that benefit humanity. But innovation must go hand in hand with peace. The younger generation must be the lobby for peace, not war, while universities help develop the capacities for fulfilling, impactful lives and the progress of humanity. Universities, therefore, have two responsibilities, to nurture talent and innovation and to champion peace in the world”. The Summit at the Chandigarh University campus witnessed participation from 75 renowned academic leaders from 60 international universities and 35 countries.” The Ambassador of Spain to India, Pujol added, “Humanity has made each individual a masterpiece; our fingerprints and neurons are all unique, offering limitless possibilities. We are on the threshold of extraordinary intelligence and universities must prepare students to contribute meaningfully.” Speaking during the occasion, Deep Inder Singh Sandhu, Senior Managing Director of Chandigarh University, said, “At Chandigarh University, we believe in giving our students and faculty a truly global experience. With over 515 collaborations with top-ranked universities across more than 100 countries, we are creating opportunities for joint research, academic partnerships, student and faculty exchanges, semester exchange, cultural exchange and industry-innovation partnerships. The Global Education Summit is a unique platform that not only facilitates these exchanges but also enables universities worldwide to come together and sign MoUs to advance higher education. By fostering international collaborations, responsibly integrating emerging technologies and AI, and promoting interdisciplinary research, we are preparing our students to navigate a rapidly changing world and make a meaningful impact globally.” The Guest of Honor, Dr Pontus Warnestal, Deputy Vice Chancellor, Halmstad University, Sweden said, “Universities are being reshaped by forces beyond their walls—AI, disinformation, funding challenges and public skepticism. The question is not how we train students to use AI, but how we prepare them for a world where fluent nonsense is everywhere. Higher education must deepen students’ ability to test claims, critique substance and act as informed citizens. Our task is to redraw education into something more adaptive, humane and grounded in communication, not automation.” Chandigarh University signed five Memorandum of Understandings (MoUs) with top-ranked international universities including American University, Washington DC, Capilano University, Canada, Middlesex University, Mauritius, Sunway University, Malaysia and Mariano Marcos, State University Philippines in the presence of Deep Inder Singh Sandhu, Senior Managing Director of Chandigarh University to strengthen academic cooperation and international engagement. The partnership will enable joint research projects, academic collaborations, capacity building, student exchange and faculty exchange programmes, thereby fostering innovation, cross-cultural learning and global knowledge sharing.

Later, a session was conducted on ‘Enabling and Empowering Students for Technology Deepening in Higher Education’ that focused on equipping students with advanced technological skills, fostering critical thinking, creativity and adaptability, and integrating emerging technologies ethically into curricula. It also highlighted interdisciplinary collaboration and preparing future-ready graduates.

Another session on ‘AI for Inclusiveness and Sustainability’ explored leveraging AI to create inclusive and sustainable higher education ecosystems and discussions were focused on improving accessibility, promoting responsible AI use, supporting sustainable development and fostering collaboration across institutions and countries.

The discussions during the sessions were centered around frameworks for responsible technology and AI integration in education, recommendations for curriculum innovation and student empowerment and strategies for global collaboration, research and societal impact.

Dr Chris Bottrill, Associate Vice President, International, Capilano University, Canada said, “It’s impressive to see 35 countries come together at Chandigarh University to openly discuss tough global issues at a time of rising polarity and conflict. This is the right place to have these conversations and shape our future. AI and quantum fields hold huge opportunities, but the challenge is how we teach and research them well and that’s why forums like this matter.” Prof (Dr) Nola Hewitt-Dundas, Pro Vice-Chancellor, Queen’s University Belfast, Northern Ireland, said, “We meet at a time of great challenges and opportunities as rapid technological changes preparing students for jobs that don’t yet exist and respond to sustainability and inequality. Young people look to universities for skills and adaptability for an uncertain world. As Mahatma Gandhi said the future depends on what you do today and the choices and partnerships we make now will shape both our students lives and our societies.” Prof Stephen Khehla Ndlovu, Vice-Chancellor and Principal, Vaal University of Technology, South Africa said, “Higher education must do more than impart knowledge, it must empower society, drive innovation, and cultivate compassion and inclusivity. From rethinking the shape of higher education to harnessing technology and AI for sustainability, this summit reminds us that universities are engines of transformation. No university can meet these challenges alone; we need partnerships across borders, disciplines, and traditions, learning from each other’s strengths and mistakes.” On the concluding day, the session ‘Rethinking the Shape of Higher Education to Meet Future Challenges’ explored how universities can adapt to societal, technological, and economic changes, focusing on curriculum innovation, research collaboration, digital transformation, and preparing students for a world shaped by rapid change and misinformation. Another session on ‘Revisiting Learning–Teaching Models for Creating Empowered and Empathetic Societies’ highlighted innovative, learner-centered teaching approaches, social responsibility, and education’s role in fostering inclusive and compassionate communities. In the final session, Technology and Innovation for a Safe, Secure, and Equitable Future for All’ explored how technology and innovation can address global challenges, emphasizing safety, security, inclusivity, and equitable access for a sustainable future.

About Chandigarh University Chandigarh University is a NAAC A+ Grade University and QS World Ranked University. This autonomous educational institution is approved by UGC and is located near Chandigarh in the state of Punjab. It is the youngest university in India and the only private university in Punjab to be honoured with A+ Grade by NAAC (National Assessment and Accreditation Council). CU offers more than 109 UG and PG programs in the field of engineering, management, pharmacy, law, architecture, journalism, animation, hotel management, commerce, and others. It has been awarded as The University with Best Placements by WCRC.

Website address: www.cuchd.in.

(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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