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    Rupee rises 26 paise to close at 95.44 against US dollar
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August 25, 2026
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Foreign-exchange market intervention and lower crude prices supported rupee appreciation, while USD/INR remained range-bound amid shifting dollar conditions.
Foreign-exchange market conditions supported rupee appreciation against the US dollar, driven by stronger domestic equity markets, a weaker US dollar and lower crude oil prices. The USD/INR pair remained broadly range-bound, with oil-price movements and Reserve Bank intervention identified as key near-term influences. The special USD-INR foreign-exchange swap facility for FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings mobilised substantial foreign-exchange inflows.
August 25, 2026
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Section 301 tariffs may have lower impact where major exports remain outside their scope amid resilient domestic demand.
Economic resilience is attributed to buoyant domestic demand, increased manufacturing and services activity, improving liquidity conditions, credit growth, investment activity and rebounding foreign capital inflows. Recovery in the southwest monsoon improved kharif sowing and reservoir storage, partly mitigating agricultural-sector risks. US Section 301 tariffs are expected to have a comparatively lower effect because major Indian exports to the United States, including smartphones, petroleum products and pharmaceuticals, remain outside their scope. Foreign direct investment improved with higher gross inflows, while outward foreign direct investment continued to decline.
August 25, 2026
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BIS certification exemptions may be structured for high-tech manufacturers to ensure timely equipment imports and support domestic manufacturing operations.
Mandatory Bureau of Indian Standards (BIS) certification requirements for equipment and components used by high-technology manufacturers may be addressed through a proposed exemption framework. Possible exemptions may be structured at the company, industry, product, project or bulk level to support timely availability of imported equipment, goods and services for manufacturing operations. The approach is directed at high-technology industries generally, particularly semiconductor and artificial intelligence sectors, while addressing delays associated with mandatory certification and complex procedures for specialised imported parts and equipment.
August 25, 2026
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Corporate social responsibility should prioritise measurable community outcomes, transparency, capable implementing agencies, and strategic integration with sustainability objectives.
Corporate social responsibility should prioritise measurable community outcomes rather than expenditure alone. Effective CSR depends on community-responsive design, capable implementing agencies, rigorous monitoring, social audits, and transparent use of technology and data. Public sector enterprises may use thematic priorities, convergence with government programmes, and institutional collaboration to replace isolated interventions with strategic CSR. CSR capacity building encompasses legal and regulatory frameworks, governance, project planning, impact assessment, reporting, ESG and the Social Stock Exchange.
August 25, 2026
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Regional rural bank performance highlights improved profitability, asset quality, priority-sector lending, financial inclusion, and digital banking expansion.
Regional Rural Banks achieved prescribed priority-sector lending targets and sub-targets, expanded financial inclusion through new Pradhan Mantri Jan Dhan Yojana accounts, and recorded improvement in profitability, asset quality, and credit-deposit ratio. Digital banking adoption is to be accelerated to improve operational efficiency, customer experience, and banking access in rural and remote areas. Sponsor Banks are expected to strengthen information-technology infrastructure and support increased area-specific credit flows and innovative lending.
August 25, 2026
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Ethanol-blended fuel policy faces calls for consumer-focused review amid sugar supply pressures and older-vehicle compatibility concerns.
Consumer-focused review of the ethanol-blended fuel policy is sought because higher ethanol diversion may affect domestic sugar availability and prices, potentially requiring sugar imports that could reduce claimed foreign-exchange savings from lower petroleum imports. The review should address ethanol and sugar production, domestic prices, imports, and consumer, environmental and economic concerns. Availability of lower-blend fuel alongside E20 is advocated for owners of older vehicles, with consumer choice between E10 and E20 supporting a comprehensive reassessment.
August 25, 2026
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Economic resilience remains supported by domestic demand, manufacturing, liquidity and capital inflows despite external trade and geopolitical risks.
Economic resilience is attributed to buoyant domestic demand, sustained manufacturing and services activity, and double-digit merchandise trade growth. Improved southwest monsoon conditions supported kharif sowing and partly reduced agricultural risks, although geopolitical frictions and fresh United States tariffs remained external risks. Supply-side pressures raised consumer price inflation, while stable core inflation indicated limited cost pass-through. Easing liquidity, credit growth, investment activity and rebounding foreign capital inflows supported financial and external-sector conditions.
August 25, 2026
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Sugar price controls combine raw sugar imports, stockholding limits, and export restrictions to curb retail inflation.
Sugar market intervention combines permitted imports of raw sugar, stockholding limits for dealers and bulk consumers, and an existing export ban to address sharp increases in retail and wholesale prices. Limits on inventories held by trade participants and large industrial consumers are intended to curb speculation and hoarding. Although ex-mill rates declined after the import decision and anti-hoarding measures, the reduction had not yet translated fully into retail prices. The measures seek to supplement domestic availability and restrain practices that may intensify consumer-price increases.
August 25, 2026
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Tariff escalation drives retaliatory planning, industry protection measures, supply-chain uncertainty, and proposed symbolic geographic renaming amid cross-border trade tensions.
United States-Canada trade tensions have intensified after tariffs were imposed on Canadian goods following unsuccessful bilateral talks. Canada is expected to pursue retaliatory measures, potentially using targeted action to protect workers and businesses rather than matching tariffs directly. Further tariff threats concern vehicles, auto parts and steel. Integrated cross-border supply chains in automotive, energy, agriculture and manufacturing face increased costs and consumer-price uncertainty. Consideration of renaming Lake Ontario as "Lake America" has also been linked to the escalating dispute.
August 25, 2026
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Central infrastructure monitoring through PAIMANA-PROJ tracks implementation progress, sectoral priorities, completed works, and integration of newly monitored projects.
PAIMANA-PROJ monitors Central Sector infrastructure projects costing Rs. 150 crore and above across 17 Ministries and Departments. As of July 2026, 1,775 projects with a revised cost of Rs. 37.11 lakh crore were under monitoring, with cumulative expenditure of Rs. 19.26 lakh crore. Transport and Logistics formed the largest monitored sector, followed by Energy. The portfolio included mega and major projects at varying physical and financial completion stages. PAIMANA-CRIP serves as the central infrastructure-project data repository, with most data updated through APIs.
August 25, 2026
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Plant growth regulator quality controls require farmer awareness, licensed sales, quarantine compliance, and protection against uncertified orchard inputs.
Plant Growth Regulator quality control seeks to protect farmers and orchardists from spurious products sold in the open market. Licensed pesticide and fungicide outlets receive application schedules, while farmer awareness is stressed due to purchases of cheaper PGRs that may not achieve expected results. Rootstock imports require quarantine clearance, and uncertified rootstock purchased from the market is associated with disease spread in orchards. Regulatory measures include direct departmental sale of branded chemicals, promotion of weather-based crop insurance, and demands concerning minimum support pricing and Market Intervention Scheme documentation.
August 25, 2026
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Anti-conversion compliance prompts voluntary prayer declarations, alongside food-safety oversight and enforcement against demolition, liquor, and cyber-fraud allegations.
Maharashtra's anti-conversion law has commenced, and churches across the Mumbai Metropolitan Region have sought written self-declarations confirming voluntary prayer attendance without pressure. Food-safety oversight requires cleaning of cricket association eateries before a further inspection. Enforcement matters include investigation into unauthorised shop demolitions allegedly involving misuse of a municipal corporation's name, arrests connected with spurious-liquor manufacture, and a cyber-fraud network allegedly using mule accounts to launder proceeds. A retired High Court judge has been appointed as Lokayukta.
August 25, 2026
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User development fee rationalisation reduces departure charges and links airport cost recovery to commissioned capital projects during the tariff cycle.
Airport tariff regulation for Hyderabad airport fixes reduced User Development Fee for departing domestic and international passengers from 1 September 2026 through 31 March 2031, with rationalised landing charges. The tariff determination applies the incremental Aggregate Revenue Requirement framework, linking airport-charge cost recovery to completion, commissioning and use of identified high-value capital expenditure projects. A variable tariff plan provides landing-charge incentives upon prescribed qualifying conditions, supporting traffic development and route expansion while requiring cost-reflective, transparent and non-discriminatory aeronautical tariffs.
August 25, 2026
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Rupee appreciation reflects weaker dollar, lower crude prices, positive equities, and foreign-exchange inflows through swap facilities.
Foreign-exchange market conditions supported the rupee's appreciation against the US dollar, driven by positive domestic equity markets, a weaker dollar, and declining crude-oil prices. The USD/INR pair remained within a narrow range, with oil-price movements and potential central-bank intervention identified as near-term determinants. A special USD-INR foreign-exchange swap facility covering FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings had mobilised foreign-exchange inflows relevant to currency liquidity.
August 25, 2026
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Energy supply diversification reshapes India's LPG, LNG and crude sourcing amid constrained Gulf availability and higher logistics costs.
India's energy-import sourcing has shifted towards supply diversification as disruption in the Strait of Hormuz constrained traditional Gulf supplies. United States cargoes have become particularly important for LPG and LNG, while procurement has also broadened to Atlantic Basin and other non-traditional suppliers. Diversification increases costs through longer voyages, higher freight, insurance expenses, tighter availability and higher commodity prices, reflecting a premium for supply security. Crude sourcing continues to rely principally on Russia, alongside resilient UAE flows and increased Venezuelan heavy crude imports.
August 25, 2026
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Intelligence-led enforcement against illicit trade requires coordinated data-sharing, risk profiling, digital accountability and disruption of organised supply networks.
Cross-border illicit trade enforcement should move beyond isolated seizures to intelligence-led disruption of organised criminal networks. Risk-based profiling, predictive analytics, container scanning and shipment-data analysis should support targeted action against misdeclaration, port-hopping, concealment and digital distribution. Right holders should share specific intelligence with customs targeting mechanisms, and goods entering Domestic Tariff Areas from warehousing and special economic zones require enhanced examination. Digital enforcement should trace suppliers, financial flows, data trails and small-parcel movements, supported by coordinated feedback between online marketplaces, police and customs.
August 25, 2026
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NRI banking account segregation aligns overseas earnings, domestic income, foreign-currency savings, remittances, and borrowing with cross-border commitments.
NRI banking arrangements require segregation of overseas earnings, India-sourced income, savings, remittances and expenditure after residential status changes. An NRE account holds overseas income remitted to India, with interest exempt from income tax in India. An NRO account is intended for Indian income, including rent, dividends and pension, while FCNR deposits retain funds in a chosen foreign currency. A structured arrangement can align these accounts with domestic obligations, overseas spending, remittances, investments and compliant digital banking access.
August 25, 2026
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Sugar import authorisation and anti-hoarding controls aim to moderate ex-mill prices amid adequate domestic stocks.
Raw sugar imports were permitted, while stock limits were imposed on bulk consumers. States were directed to strengthen inspections, and nationwide flying squads were deployed to identify hoarding and speculative conduct. These measures target sugar availability and distribution across wholesale and retail channels. Ex-mill prices declined following the measures, although wholesale and retail prices had not yet reflected the reduction.
August 25, 2026
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Foreign-currency swap window closure focuses non-resident deposit mobilisation, while ECB hedging support continues for public-sector borrowers.
RBI's concessional Foreign Currency Non-Resident Bank deposit swap window closes on August 31, replacing the previous September 30 cut-off. Separately, the special US dollar-rupee foreign-exchange swap window remains available until December 31, 2026, providing concessional currency-hedging support to public sector undertakings raising external commercial borrowings. SBI expects to mobilise predominantly through deposits from non-resident Indians and foreign investors, with external commercial borrowings also visible.
August 25, 2026
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Industrial power tariff revision applies only within the shared distribution area, while steel producers seek rollback and fuel supply support.
Industrial electricity tariff revision is proposed from 1 September for 33 KV and 11 KV consumers within the Damodar Valley Corporation command area. The increase is confined to the shared distribution-licence area, while a separate and higher tariff structure applies outside it. Steel and sponge-iron industry associations oppose the revision on the basis that it will raise energy costs and affect investment conditions. They seek withdrawal of the increase and request continuing supplies of high-grade coal and iron ore for sponge-iron production.

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Customs & Trade

Singapore Funeral Service: Honoring Lives with Dignity and Compassion

October 3, 2025

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angbrothersfuneral.com.sg Introduction to Funeral Services in Singapore Funerals are one of the most important cultural and emotional occasions in life. They allow families and communities to remember the life of a loved one and offer comfort and another method to honor the deceased. Singapore’s funeral rites are as unique as the myriad of cultures and religions practiced in this densely populated island city. The need for a professional Singapore funeral service has increased as family members commonly desire advice and assistance in their orchestrating and organising farewell wishes to their loved one. The Role of a Funeral Service Provider A funeral chapel Funeral chapel via GIPHY A funeral chapel is a valuable partner in a whole host of decisions, but what are the services it offers when death has occurred? They help to arrange details including transportation, embalming, casket purchase, and arranging a memorial hall. ​ Their professionalism reduces time-consuming burdens for the families, so that they can concentrate on grieving and honoring the deceased. A reliable service provider will also ensure that sensitivity toward cultural and religious customs are not violated and this is particularly important in multi-racial Singapore. Cultural Diversity in Singapore Funeral Services Buddhism, Taoism, Christianity, Catholicism, Islam and Hinduism are also present in Singapore. There are funerary traditions and rites to observe in every religion. For instance, for those who are Buddhists and Taoists, usually there is chanting in their funeral, also for Christian and Catholic, they have prayer and singing of hymns. Muslim funerals are performed according to Islam and held soon after the death; Hindu funerals include cremation rituals. With so many permutations of ritual and religious preference it's impossible to keep the same format for every family we come into contact with and, as a consequence, a good Singapore funeral service needs to be able to be all things to all people just so that we are able to fulfil our commitment to family after family. The Importance of Rituals and Traditions What may seem purely ceremonial in death rituals can also have deep symbolic meaning for the family and the community. These customs provide individuals with an opportunity to resign to grieve, pay tribute, and honor the memory of the deceased. “These customs are meaningful to many families in Singapore, and they frequently depend on funeral service professionals for guidance to ensure that the customs are carried out properly. From sourcing monks or prelates to conduct the ceremonies, to obtaining the right offerings and setting up the altar, the service provider ensures that everything is in keeping with the family’s cultural expectations. Modernization of Funeral Services in Singapore Though traditions are still the pillar of funerals, there are new trends when it comes to services. These days a lot of families will opt to have a customised or more simplified ceremony that suits either the wishes of the deceased or the family themselves. Live-streaming of funerals has also caught on, enabling relatives abroad to participate as well. Personalized decorations, memorial videos and themed floral arrangements increasingly are requested, making the funeral a more individual and meaningful farewell. Singapore's professional funeral services industry has responded to these shifts by providing customised and flexible solutions. The Emotional Support Offered by Funeral Directors Funeral directors and their staff do much more than simply manage logistics: They also offer emotional support. Whether you need time and space to grieve after losing a loved one or are dealing with the grief that comes with a traumatic experience, dealing with grief is an extremely heavy burden. They walk families through every step of the process, teaching them about rituals, helping them with paperwork and answering their questions patiently. Their very presence is a comfort to mourners who know they’re not alone during times of grief. Planning Ahead with Pre-Funeral Arrangements Pre-funeral planning as a means of lightening the load for loved ones is starting to catch on with more people in Singapore. Prearranging gives people an opportunity to make their service exactly what they want to have (kind of service, rituals, even financial). Through engaging a Singapore funeral service provider ahead of time, the bereaved families can rest easy knowing that their last wish will come true and not getting confused at a time of grief. It saves the individual as well as their close ones from the fear of the unknown. The Practical Aspects of a Funeral Service Rituals aside, funerals entail a lot of practical work. This includes, but is not limited to, the transporting of the remains, embalming & preparation, helping choose a casket or urn, preparing flowers and coordinating with the burial ground and crematorium. In Singapore, land is scarce and many families also grapple with the issue of whether to bury or cremate. That's where an experienced funeral service takes the reins--not only will they guide you through the process and make a difficult time easier, but will assist you with the mandate and all related documents in a sensitive and professional manner. The Rising Costs of Funerals in Singapore Funeral expenses are also a factor. Prices vary greatly depending on the type of service, the number of days the wake lasts, and the type of casket or other personalized requests. While some families may see a value in simplicity and frugality, others may look for grand functions. But pros are forthright with their pricing and all of them offer packages that will suit a range of budgets. Affordable rates must not sacrifice dignity, which is why families depend on the care of long-time providers offering services at the right cost. How Funeral Services Bring Closure Grief is a process, and the funeral is a crucial part of that process. It affords families and friends an organised way to say goodbye, to express their sorrow and start on the road to recovery. An efficient funeral service gives families and friends the opportunity to grieve the loss of a loved-one, without having to worry about the details. Why Choose Professional Funeral Services in Singapore Some families try to do it themselves, but the expertise and professionalism of a funeral home can really bring a sense of peace. They are bringing with them expertise in cultural customs, organizational operations and on-the-ground logistics. But, most importantly, they are also supportive in a situation full of feelings. Opting for a reputable Singapore funeral service means that the final farewell is done with respect, dignity and attention which gives the family long term comfort/ peace of mind to face the future. Conclusion: Finding Comfort in Compassionate Services A funeral is not a ceremony, it is a last act of love, respect and remembrance to someone you loved. In a multi-racial society such as Singapore, being accustomed to private rituals while attuned to contemporary needs are qualities that many families require. Professional providers will ensure that all aspects of the service are performed with the utmost dignity, sensitivity, and respect, providing families with peace of mind during a challenging time. For those in search of a reliable and supportive service angbrothersfuneral.com.sg is a leading funeral services provider in Singapore that focuses on delivering high quality services, coupled with the local culture of caring and professional service. (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI

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