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    RBI invites public comments on the draft Directions on ‘Credit Valuation Adjustment (CVA) Framework’
    RBI invites comments on the draft “Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Eleventh Amendment Directions, ...
    87 Proposals Received under BHAVYA Scheme during First Round of Phase-I
    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
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    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
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    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
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    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...
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August 7, 2026
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Credit valuation adjustment framework revises derivative capital requirements through flexible basic approaches, hedge recognition, and risk-sensitive counterparty treatment.
Credit Valuation Adjustment framework revisions align CVA capital treatment with final Basel III standards. Eligible banks may use the full or reduced basic approach, while banks with an insignificant volume of non-centrally cleared derivatives may calculate their CVA capital charge at 100 per cent of the counterparty credit risk capital charge. The draft also clarifies CVA hedge recognition, introduces risk weights sensitive to sector and credit quality, and separates systematic and idiosyncratic CVA risk in the full basic approach.
August 7, 2026
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Leverage ratio framework amendments propose Basel-aligned capital adequacy standards, with public feedback invited on the draft directions.
Proposed amendments to the leverage ratio framework would revise Chapter VII of the 2025 Commercial Banks Prudential Norms on Capital Adequacy Directions to implement the Basel Committee's Leverage Ratio 2017 Standard. Public comments and feedback on the draft Eleventh Amendment Directions, 2026, are invited until August 28, 2026, through the designated online platform, postal submission, or email.
August 7, 2026
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BHAVYA Scheme project selection uses challenge-based evaluation of infrastructure, industrial ecosystems, and policy enablers under prescribed eligibility criteria.
BHAVYA Scheme Phase-I proposals submitted by State and Union Territory governments will be evaluated and scored under prescribed eligibility and evaluation criteria. Challenge-based project selection considers connectivity and site suitability, quality of core, value-added and social infrastructure in the detailed project report, and the industrial ecosystem and policy enablers. The Scheme guidelines provide for completion of the first-phase selection process within one year from notification.
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
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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
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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
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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
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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
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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
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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
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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
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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
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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.

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Upgrade Your Home This Dussehra - Explore Appliances for Every Need

October 1, 2025

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Pune, Maharashtra, India (NewsVoir) Dussehra is not just a festival that marks the victory of good over evil - it is also considered an auspicious time to bring positivity and good fortune into our lives. Many families take this opportunity to refresh their homes and invest in new home essentials. From smart washing machines and energy-saving refrigerators to the latest smart TVs and air conditioners, shoppers have plenty of choices to elevate everyday living. Bajaj Finserv ensures that upgrading your home is light on the pocket. Customers can choose from a wide range of electronics and appliances at any of Bajaj Finserv’s 1.5 lakh+ partner stores across 4,000 cities in India. They can opt for the Bajaj Finserv Easy EMI Loan of up to Rs. 5 lakh, which spreads the cost into small, manageable monthly payments. On select products, zero down payment is also available, so customers can take home their appliance without paying anything upfront. What makes this even better is the ongoing Blockbuster EMI Days, running from 15th September to 31st October 2025, let customers enjoy attractive discounts and choose from over 50 EMI schemes, making Dussehra shopping easier, smarter, and more rewarding. Home essentials that bring comfort and convenience to every household Bajaj Finserv partner stores offer a wide range of home appliances to meet the needs of every family. From essential everyday items to smart, energy-saving gadgets, there is something for everyone. These appliances are designed to make life easier, save time, and bring comfort to every home this Dussehra. • Washing machines: Choose from top-load or front-load models that make laundry faster and more efficient. Many models come with energy-saving features, multiple wash programs, and user-friendly controls, helping families save both time and electricity. • Refrigerators: Available in single-door, double-door, and side-by-side designs, these fridges keep food fresh longer. Energy-efficient models reduce electricity bills while ensuring enough space for festive treats and daily essentials. • Air conditioners: Stay cool and comfortable throughout the year with split, inverter, or window ACs. These units are designed for efficiency, quiet operation, and easy maintenance, perfect for beating the summer heat. • Smart televisions: Upgrade home entertainment with HD and 4K smart TVs. They offer vivid picture quality, smart connectivity, and easy access to streaming platforms, making family movie nights more enjoyable. • Microwaves and small appliances: From microwaves to mixers and juicers, these appliances simplify cooking and meal preparation. Fast, convenient, and easy to use, they save time in the kitchen while helping create delicious festive dishes. Top-selling home appliances and their prices This Dussehra, explore the price list of India’s most popular home appliances. From energy-efficient refrigerators and smart TVs to washing machines and air conditioners, find top models with their prices and Easy EMI options for quick and easy purchases. Washing machines 1. Croma 6.5 kg 5 Star Fully Automatic Top Load Washing Machine With a 5-star energy rating, this model combines performance with energy efficiency. Its sleek design and advanced features make laundry tasks effortless. • Price: Rs. 11,490 • Easy EMI starting at: Rs. 957/month 2. LG 6.5 KG Fully Automatic Top Load Washing Machine T65SPSF2Z This compact washing machine is ideal for small to medium-sized families. It offers multiple wash programs and a user-friendly interface, ensuring efficient cleaning. • Price: Rs. 17,280 • Easy EMI starting at: Rs. 1,421/month Refrigerators 1. Godrej RD EMARVEL 290C 268L 3 Star Direct Cool Single Door Refrigerator Featuring Turbo Cooling and a Farm Fresh Crisper, this model is designed to keep your food fresh longer. Its stylish Fusion Wine finish adds elegance to your kitchen. • Price: Rs. 20,790 • Easy EMI starting at: Rs. 1,732/month​ 2. LG 260L 3 Star Smart Inverter Frost-Free Double Door Refrigerator This refrigerator boasts a spacious interior with smart inverter technology, ensuring consistent cooling and energy savings. Its sleek design complements modern kitchens. • Price: Rs. 28,490 • Easy EMI starting at: Rs. 2,374/month Air conditioners 1. Daikin 1 Ton 3 Star Split AC (Model: RKL35UV16W) This air conditioner offers efficient cooling with a 3-star rating, making it suitable for medium-sized rooms. Its split design ensures quiet operation. • Price: Rs. 32,872 • Easy EMI starting at: Rs. 1,826/month​ 2. Panasonic 1.5 Ton 3 Star Inverter Split AC (Model: CU-EU18BKY3F) Equipped with a 7-in-1 convertible feature, this inverter AC provides flexible cooling options. Its energy-efficient design ensures lower electricity bills. • Price: Rs. 35,697 • Easy EMI starting at: Rs. 2,975/month Televisions 1. Samsung 43 inch 4K Ultra HD Smart LED TV (Model: 55CU8000) This smart TV delivers stunning 4K visuals with HDR support. Its sleek design and smart features make it a perfect addition to any living room. • Price: Rs. 24,990 • Easy EMI starting at: Rs. 2,500/month​ 2. Sony BRAVIA 55 inch 4K Ultra HD Smart LED Google TV Experience cinematic quality with this 4K UHD TV. Its Google TV interface offers seamless streaming and smart connectivity. • Price: Rs. 43,300 • Easy EMI starting at: Rs. 3,608/month Disclaimer: The features, availability, and pricing of each model are subject to change and may vary. For the most accurate and up-to-date information, please visit the official website. These home appliances are available at Bajaj Finserv partner stores across India. Customers can select the model that suits their home and budget and use Bajaj Finserv’s options to bring comfort and convenience into their homes. Bigger savings with the Maha Bachat Savings Calculator To help customers get the most value this Dussehra, Bajaj Finserv offers the Maha Bachat Savings Calculator. This tool combines all available offers in one place, making it easy for buyers to save on home appliances without extra effort. Key benefits of the calculator: • Brand offers: Discounts provided by manufacturers such as LG, Samsung, and others. • Dealer offers: Price cuts or cashback available at partner stores like Croma or Vijay Sales. • EMI benefits: 50+ Easy EMI schemes and zero down payment options on select products.​ How it works: 1. Visit the Maha Bachat Savings Calculator on the Bajaj Finserv website. 2. Select a product category, such as refrigerators, and choose a brand. 3. Set a budget to find products within the desired price range. 4. View total savings, including brand offers, dealer discounts, and EMI benefits. 5. Locate the nearest Bajaj Finserv partner store carrying the selected product. This tool allows customers to see the full value of available deals and ensures they don’t miss any festive savings. How to buy home appliances this Dussehra with Bajaj Finserv Upgrading home appliances this Dussehra is simple and affordable with Bajaj Finserv. Customers can follow these easy steps to bring appliances like refrigerators, washing machines, TVs, and air conditioners home: • Browse models: Explore top appliance brands on Bajaj Mall or visit nearby partner stores. • Check loan eligibility: By entering a mobile number online, customers can instantly see their pre-approved loan limit, making it easier to plan purchases. • Visit the nearest store: With over 1.5 lakh partner stores across 4,000 cities, finding a nearby store is convenient. • Choose Easy EMI Loan at checkout: Flexible repayment plans are available, with tenures from 3 to 60 months. • Enjoy zero down payment: On select models, customers can take appliances home without paying anything upfront. • Complete the purchase: With just a few basic documents, the loan is approved quickly, and the appliance is ready to take home. With Bajaj Finserv, upgrading home appliances this Dussehra is easy, convenient, and stress-free, helping families enjoy comfort without stretching their budget. Bajaj Finance Limited Bajaj Finance Ltd. (‘BFL’, ‘Bajaj Finance’, or ‘the Company’), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits. It has a diversified lending portfolio across retail, SMEs, and commercial customers with significant presence in both urban and rural India. It accepts public and corporate deposits and offers a variety of financial services products to its customers. BFL, a thirty-five-year-old enterprise, has now become a leading player in the NBFC sector in India and on a consolidated basis, it has a franchise of 69.14 million customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BB+/Positive and a short-term rating of B by S&P Global ratings. To know more, visit www.bajajfinserv.in. (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI

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