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    Rupee falls 8 paise to 95.25 against US dollar in early trade
    APEDA Facilitates First-Ever Export of GI-tagged Mithila Makhana by Sea Route from Bihar to Australia
    Government signs strategic MoUs with key industry leaders and ecosystems to strengthen support to StartUps
    No Charges for UPI Users
    Competition Commission of India (CCI) hosts BRICS Heads of Competition Authorities 2026 meeting
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    August 10, 2026
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    Foreign-exchange market conditions weakened the rupee as stronger dollar and crude prices offset support from reserve growth and inflows.
    Foreign-exchange market conditions saw the rupee weaken against the US dollar in early trading, influenced by a stronger dollar and higher global crude oil prices. Foreign institutional equity inflows and increased foreign-exchange reserves moderated pressure on the rupee. Market attention remained focused on developments in West Asia and the Reserve Bank of India, alongside movements in the dollar index, crude oil prices and domestic equity markets.
    August 10, 2026
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    GI-tagged Mithila Makhana export facilitation expands sea-route market access while supporting quality compliance and farmer-linked value chains.
    Export facilitation for GI-tagged Mithila Makhana enabled the first commercial sea-route shipment from Bihar to Australia. APEDA, in association with the Bihar agriculture department, supported market access, coordination, capacity building and stakeholder engagement. The export model is intended to improve farmer price realisation, require adherence to global quality standards, and strengthen growers, processors and exporters. A separate HS Code for Makhana has taken effect under the Finance Bill, 2025, supporting product-specific trade classification.
    August 10, 2026
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    Startup ecosystem support expands through digital payments, cloud access, AI innovation, investment readiness, governance support and global market programmes.
    DPIIT has entered into strategic MoUs to support DPIIT-recognised startups through payment infrastructure, entrepreneurship development, cloud technology, mobility innovation, investment readiness and global-market access. Eligible startups may receive payment and cloud support, technical training, mentorship, startup formalisation assistance, market and investor connections, AI and mobility enablement, and programmes addressing governance, financial readiness, compliance and international expansion. The collaborations promote innovation across digital payments, clean energy, artificial intelligence, climate technology, advanced manufacturing, mobility and automotive technology.
    August 10, 2026
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    UPI transaction charges remain unavailable for consumers and person-to-person payments, while limited threshold-based merchant MDR may be considered.
    Proposed amendment of section 10A of the Payment and Settlement Systems Act, 2007 is intended to support UPI sustainability, technological advancement and resilience. Consumer payments and person-to-person transactions are to remain free. Any future merchant discount rate would apply only to limited merchant transactions above a threshold, at a nominal rate, while most merchant transactions remain free. The framework supports investment in cybersecurity, fraud prevention and infrastructure, alongside a self-sustaining and inclusive digital-payment ecosystem.
    August 10, 2026
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    Fair competition cooperation in renewable energy markets advances knowledge-sharing and evidence-based enforcement across interconnected digital and energy markets.
    BRICS competition authorities adopted a Joint Statement strengthening cooperation to promote fair competition, including in renewable energy markets. Cooperation focuses on dialogue, knowledge-sharing and consideration of cross-border competition challenges in digital markets, emerging technologies and the energy transition. Competition enforcement is to remain principled and evidence-based, supporting efficiency, consumer welfare, innovation and merit-based competition. A collaborative renewable-energy competition study identified evolving market dynamics and areas for future cooperation.
    August 10, 2026
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    Cost optimisation in public finance strengthens investment decisions, risk allocation, indigenous manufacturing and value-driven government expenditure through specialised financial expertise.
    ICoAS cost optimisation supports public financial management through prudent resource utilisation, financial oversight and improved cost management across government. Its role includes supporting indigenous manufacturing, better investment decisions, efficient public expenditure and maximum value for public spending. With greater private-sector participation and Public-Private Partnerships, ICoAS officers are expected to promote cost efficiency, appropriate risk allocation and sound project structuring. Capacity building emphasises integrity, financial modelling, data visualisation, analytical frameworks and artificial intelligence for improved public-finance management.
    August 9, 2026
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    Co-operative development financing would expand through direct assistance, share-capital participation and wider operational powers for sectoral support.
    National Cooperative Development Corporation (Amendment) Bill, 2026 proposes to broaden the Corporation's mandate to promote co-operative development. It would permit direct loans and grants to co-operative societies and other entities engaged in co-operative development, where funds are used for co-operative purposes. With Central Government approval, the Corporation could participate in the share capital of such entities. The proposals also expand the meaning of foodstuffs, remove geographical restrictions for industrial-goods assistance, and provide additional functional powers.
    August 9, 2026
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    GST compliance failures and electricity subsidy controls raise allegations of financial irregularities and potential losses to the public exchequer.
    Allegations based on a Comptroller and Auditor General report identified purported GST compliance failures involving outstanding tax liabilities, e-way bills generated after cancellation of GST registrations, limited bill scrutiny, non-compliance, and turnover mismatches. The allegations also concerned electricity subsidies extended to consumers with prolonged zero bills or apparent non-residence, presenting these issues as possible financial irregularities and losses to the public exchequer.
    August 9, 2026
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    Money-laundering prosecution complaints allege fund diversion through shell entities, credit-facility evergreening, layered transactions and fictitious project expenditure.
    Money-laundering prosecution complaints allege that funds from toll-road projects and credit facilities were diverted through group companies, contractors, shell entities and conduit accounts. In the toll-road matter, allegedly sham or back-dated subcontracting arrangements and subsequent documentation were used to portray transfers as genuine project expenditure. In the credit-facilities matter, fresh facilities were allegedly used to repay, rotate and evergreen earlier liabilities rather than for sanctioned end-use, with funds layered and presented as legitimate business expenditure or receipts. Attached assets are sought to be confiscated as alleged proceeds of crime.
    August 9, 2026
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    Direct Benefit Transfer pension disbursement replaces cooperative-bank doorstep delivery, while preserving home payments for beneficiaries unable to use bank accounts.
    Direct Benefit Transfer of social security and welfare pensions to Aadhaar-linked bank accounts is intended to replace cooperative-bank doorstep delivery, except for bedridden and similarly situated beneficiaries. The change addresses delays in remitting undistributed pensions, deficient record updates and reconciliation, duplicate payments, delivery incentives, and compliance with Direct Benefit Transfer norms. Criticism focuses on beneficiary access to linked commercial-bank accounts, possible minimum-balance deductions, exclusion of cooperative banks, and the effect on doorstep-delivery workers.
    August 8, 2026
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    Engineering business growth supported Raymond's first-quarter performance, with export expansion, capacity investment and net-debt-free financial flexibility.
    Raymond Limited reported unaudited first-quarter FY27 growth in total income, EBITDA and profit before tax before exceptional items, while remaining net-debt-free with a net cash surplus. Its Engineering business comprises Precision Technology & Auto Components and Aerospace & Defence. Growth in the former was attributed to export expansion, operating leverage, product mix and cost reductions. Aerospace & Defence growth was linked to production for global OEMs, portfolio expansion and increased capacity, although margins were affected by targeted research and development investment. Forward-looking statements remain subject to regulatory, political, economic and technological risks.
    August 8, 2026
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    Savings account selection requires comparison of effective interest, fees, digital service, access, and individual banking needs.
    Savings-account selection should compare effective interest returns under slab-based rates, recurring operating charges and the customer's actual banking needs. Net value depends not only on advertised rates but also on relevant minimum-balance, card, ATM, alert and transfer fees. Digital reliability, customer support, branch availability and ATM access should be assessed according to the customer's average balance, cash use, transfer frequency, travel patterns and need for in-person assistance. The suitable account is one that matches real banking behaviour.
    August 8, 2026
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    Urban cooperative bank regulation promotes licensing, governance, compliance support and cybersecurity measures to strengthen stability and depositor confidence.
    Urban cooperative banks are encouraged to recognise regulatory support through liberalised branch opening, doorstep banking, demand drafts, life certificates, dedicated regulatory coordination, enhanced gold-loan limits, one-time settlements and progress towards on-tap licensing. Sound governance is material to sectoral stability, while small-borrower lending is presented as a comparatively safe lending segment. The umbrella body can support member banks through technical expertise, compliance assistance, cybersecurity solutions and participation in a security operations centre to strengthen depositor confidence.
    August 8, 2026
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    Korean food export promotion combines buyer consultations, regulatory guidance and consumer experiences to support entry into Indian and South Asian markets.
    Korean food export promotion in India and South Asia combined business consultations with consumer-facing activities. Individual meetings connected Korean exporters with regional buyers and generated memoranda of understanding for products including frozen gimbap, ginseng wine and kombucha. Exporters received on-site guidance concerning non-tariff barriers, including food import customs clearance and certification requirements. Preparatory online sessions addressed import procedures, regulatory matters and consumer trends, while consumer events promoted Korean food through tasting, retail and experiential activities.
    August 8, 2026
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    Illegal immigration enforcement prioritises dismantling entry, documentation and employment networks while requiring citizens to report information through police channels.
    Illegal immigration enforcement involves continuous identification and verification operations, coordination with relevant officials, and confidential investigation of networks facilitating entry, identity documentation, accommodation and employment. Enquiries extend to intermediaries, contractors, Aadhaar procurement and verification practices, rather than focusing only on apprehended individuals. Citizen vigilantism, moral policing and social-media targeting of suspected migrants are discouraged because they may compromise investigations; information should instead be given through proper police channels.
    August 8, 2026
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    Technology, transparency and governance strengthen urban cooperative banks through modern customer services, depositor protection and cooperative-sector support.
    Technology adoption, transparency, sound governance and modern customer services are identified as necessary for urban cooperative banks to remain competitive. Banks are encouraged to join the sector's umbrella organisation and self-regulatory body, which provides capital, information-technology infrastructure and liquidity support. Protection of depositors' money remains a regulatory responsibility, while banks are expected to improve governance, train staff, adopt technology and enhance customer-centric services. Customer prosperity and reduced perception gaps between the central bank and urban cooperative banks are emphasised as measures to strengthen the sector.
    August 8, 2026
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    Authorised Dealer Category-II licensing expands permissible FEMA current account and foreign trade transaction services for cross-border payment customers.
    An Authorised Dealer Category-II approval under the Foreign Exchange Management (Authorised Persons) Regulations, 2026 enables Paul Merchants to undertake additional permissible non-trade current account transactions under FEMA, excluding gifts and donations, and foreign trade transactions within the applicable per-transaction limit. The approval supports foreign exchange and cross-border payment services, including overseas remittances for education, medical treatment, travel, and conference or event participation.
    August 8, 2026
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    Integrated investor claim portal modernisation advances digital KYC, streamlined verification, stakeholder-informed safeguards, and efficient investor claim settlement services.
    Integrated IEPFA Portal 2.0 is proposed to modernise investor claim processing through digital KYC, pre-filled Form IEPF-5, entitlement search, and a simplified e-Verification Report filing workflow. Stakeholder feedback included Aadhaar eKYC address validation, KYC for authorised representatives, entitlement-letter validation checks, bulk DSC and eSign functionality, integration of approved IEPF Form-4 data, lower-value share valuation using NSE and BSE data, and alerts for frequent address changes to prevent fraud.
    August 7, 2026
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    Foreign capital inflows supported the rupee despite geopolitical uncertainty, oil-price pressures, and volatile global market sentiment.
    Foreign capital inflows supported a marginal strengthening of the rupee against the US dollar despite global risk aversion arising from uncertainty surrounding negotiations affecting the Strait of Hormuz. Higher crude oil prices and weak domestic equity sentiment remained relevant pressures. Near-term currency movement was expected to depend on developments in the negotiations, weekend decisions, US employment data, the dollar index, crude oil prices, and the reported increase in foreign exchange reserves.
    August 7, 2026
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    Energy security through diversified sourcing protected fuel supplies during Hormuz disruption and supports domestic exploration and alternative fuels.
    Energy security measures based on diversified crude oil and LPG sourcing, expanded infrastructure, increased domestic LPG production and alternative fuels were presented as maintaining fuel availability during disruption of shipping through the Strait of Hormuz. Domestic resilience is also linked to support for private deep-water oil and gas exploration, opening offshore acreage, and expansion of compressed biogas and ethanol blending. Ethanol-blended petrol testing identified limited contamination instances rather than a systemic issue, while excise duty reductions were described as cushioning consumers against global fuel-price volatility.

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      Navratri and Maha Ashtami: Union of Power and Peace (Special Message from Dhyan Guru Raghunath Guruji and Divya Shanti Parivar)

      October 1, 2025

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      Pune, September 2025: The morning ambience, fragrance of incense and lamps in the temple courtyard, the echo of mantras, and the devotees’ concentrated prayers — this was the scene at the Navratri Sadhana organized by Divya Shanti Parivar. With flowers in hand, barley sprouts and a sacred pot before them, and the sound of Om chanting filling the atmosphere — the entire campus seemed immersed in power and peace. Spiritual Importance of Navratri Dhyan Guru Raghunath Guruji addressed the devotees and said, “Navratri is not just a festival, it is a period of self-purification and inner strength. Each day we worship a different form of the Goddess, and each form bestows a unique power and virtue upon us. Even Lord Rama performed this sadhana before the battle with Ravana to invoke divine strength.” Barley Sprouting and the Environment During Ghatasthapana, when barley seeds are sown as part of the Navratri rituals, their sprouting is not only a sacred tradition but also a symbolic way of reading nature’s signs. Culturally, people observe the color and growth of the barley to predict agricultural and environmental conditions.

      If the sprouts grow tall and green, it is believed to signify favorable weather ahead — a promise of good rainfall, fertile soil, and an abundant harvest. On the other hand, if the sprouts appear yellowish or stunted, it is taken as an omen of imbalance in seasonal patterns, hinting at irregular rainfall or agricultural challenges.

      This ancient observation reflects the deep bond between rituals and ecological awareness in Indian traditions. Long before modern meteorology, communities turned to such natural indicators to connect spiritual practice with environmental balance, blending faith, agriculture, and sustainability into one holistic worldview.

      Maha Ashtami: The Pinnacle of Sadhana The most significant day of Navratri is Maha Ashtami. From early morning, temples were filled with devotees. Some places witnessed Kanya Pujan while others prepared for havan.

      Guruji explained, “On Ashtami, divine power reaches its peak. Worship of Goddess Kaalratri and Mahagauri removes ignorance and fear, and ushers in purity and peace. A collective ‘Om Havan’ fills the atmosphere with positivity.” Moon and Balance of Ashtami From Full Moon (Purnima) to Ashtami, the moon gradually decreases in size. The flow of light and energy also changes, which can subtly affect sleep, mood, and mental state.

      On Ashtami, the moon is about 50% illuminated and 50% dark — symbolizing balance. This state brings a harmonizing effect on both mind and body.

      As the moon wanes further towards Amavasya (New Moon), darkness increases, often influencing sleep and mood with a deeper, quieter effect.

      Scientific Significance of Ashtami – 7 Positive Aspects (Dhyan Guru Raghunath Guruji – Divya Shanti Parivar) Moon’s Balance (50% illumination): On Ashtami, the half-moon symbolizes balance between light and darkness, naturally stabilizing the mind for meditation and sadhana.

      Full Moon–Ashtami–New Moon Cycle: The waxing and waning of the moon can affect sleep and mood. Ashtami, being a middle stage, is seen as a balanced phase — a hypothesis worth scientific exploration.

      Mental Calmness: Research shows lunar cycles can subtly influence mood. Ashtami provides a balanced state — neither overly stimulating nor overly lethargic.

      Benefits of Om Chanting: Studies (HRV, fMRI) link chanting Om with reduced stress and better nervous system balance. On Ashtami, its effects feel even deeper.

      Environmental Benefits of Havan: Medicinal offerings in a havan purify the air and reduce microbial load, creating a positive vibration in the environment.

      Union of Energies: On Ashtami, the coolness of the moon and the warmth of the sacred fire come together, harmonizing body, mind, and consciousness.

      Ideal Time for Sadhana: Meditation and chanting on Ashtami are considered more receptive, as cosmic balance and purified surroundings give the practitioner a profound experience.

      Power and Peace in Harmony The symbolic union of the fire’s warmth and the moon’s coolness is the essence of Maha Ashtami. Guruji said, “Power alone is not enough. The purpose of power is to bring compassion and peace. That is the real meaning of Maha Ashtami sadhana.” Social Message During the collective aarti, men, women, and children all prayed to Goddess Durga together. Guruji said, “The Divine Mother is not just for one family, but for the whole universe. Worshiping her is meant for the welfare of all humanity.” Conclusion The festival of Navratri and Maha Ashtami reminds us that life requires both power and peace in balance.

      Divya Shanti Parivar resolved that through collective sadhana and positive energy, not only individuals but families, society, and the entire world may benefit.

      Maa Baglamukhi – Sattvic Legends, Ancient History, and Appearance Appearance in Saurashtra: According to ancient traditions, Maa Baglamukhi first appeared in the Saurashtra region. On Mount Girnar and nearby sacred grounds, sages and deities worshipped her with sattvic devotion.

      Legend of Satya Yuga: During Satya Yuga, when a devastating storm and cosmic calamity struck, Lord Vishnu performed severe penance at Haridra Sarovar. Maa Baglamukhi manifested and stopped the destructive storm, saving creation.

      Control of Demon Dantavakra’s Speech: A demon named Dantavakra tormented gods and righteousness by speaking falsehoods. Maa Baglamukhi caught hold of his tongue, silencing falsehood and establishing truth — symbolizing that the Goddess herself protects truth.

      Sattvic Form and Significance Power of Compassion and Peace: Maa Baglamukhi is also called Peetambara Devi. The yellow attire symbolizes peace, compassion, and sattvic purity.

      World Peace and Welfare: In Girnar and Saurashtra, her worship was associated with global peace, public welfare, and mental tranquility.

      Crisis Protection: She is invoked as the power who protects against storms and natural disasters.

      Happiness, Peace, and Prosperity: Her worship brings balance, mental stability, and family harmony.

      Healing and Relief from Suffering: Maa Baglamukhi removes inner enemies like disease, unrest, or grief, granting health and contentment.

      Establishment of Truth: She directs speech and thought towards truth, fostering justice, righteousness, and love in society.

      Tradition of Shrines: Later, she became worshipped as Peetambara Shakti in Nalkheda (Madhya Pradesh), Datia, and Kangra (Himachal Pradesh), where her Shakti Peethas remain famous today.

      (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

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