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    RBI has proactively helped UCBs; cooperatives should look at regulator differently: Shah
    Ministry of Agriculture, Food and Rural Affairs and aT Host '2026 K-Food Fair in New Delhi, India'
    No compromise on tackling illegal immigrants' issue: Minister Priyank Kharge
    Technology, transparency key for urban cooperative banks to stay competitive: Shah
    Paul Merchants Gets RBI Approval for Perpetual AD Category-II Licence Under Revised FEMA Framework
    IEPFA Organises Stakeholder Engagement with Nodal Officers of Companies on Integrated IEPFA Portal 2.0
    Rupee settles with 5 paise gain at 95.17 against US dollar
    India weathered Hormuz disruption without fuel shortages: Puri
    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
    DRI intensifies vigil along India's North-Eastern Frontier
    Vijayan slams Kerala govt's move to end doorstep pension delivery through cooperative banks
    Kerala to stop welfare pension delivery through cooperative banks, shifts to DBT
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    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
    Show AI Summary
    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.
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.

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      Qualcomm Focused on Building Future-Ready India, Highlights AI + 5G Leadership and Developer Upskilling at IMC 2025

      October 9, 2025

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      New Delhi, 9th October 2025 – At India Mobile Congress (IMC) 2025, Qualcomm India unveiled a powerful portfolio of technologies driving India’s digital transformation. From Edge AI and 6G to smart retail, connected homes, and compute innovation, Qualcomm reinforced its commitment to enabling scalable, secure, and intelligent solutions for India. Qualcomm India showcased its vision for an intelligent, connected future powered by Personal AI, Physical AI, and Industrial AI. These three pillars reflect Qualcomm’s commitment to enabling scalable, secure, and India-first solutions across consumer, enterprise, and infrastructure domains. As a digital transformation partner, Qualcomm has been at the forefront of supporting India’s technology journey – from 3G to 5G and is already preparing the ecosystem for 6G through early-stage research and collaboration. Qualcomm’s continued support for ‘Make in India’ is reflected in its deep investments in local R&D, strategic partnerships, and robust skilling programs, thereby powering India’s journey toward becoming a global hub of innovation. Developer enablement through Qualcomm AI Hub and Edge AI Box demos At IMC 2025, Qualcomm India emphasized how Edge AI and 5G together are powering India’s digital transformation across industries, acting as the ‘twin pillars’ of the nation’s digital future. The company showcased how its platforms are enabling breakthroughs across industries – from automotive and industrial IoT to mobile and compute. Qualcomm’s Edge AI platforms demonstrated real-time, low-latency intelligence across industries from on-device generative AI for smartphones and industrial handhelds to AI-powered surveillance and analytics for VSaaS. Qualcomm also highlighted how agentic AI and intelligent wearables, from watches and earbuds to smart glasses, and vehicles, are shaping the “Ecosystem of You,” delivering contextual, multimodal experiences that seamlessly connect devices and empower India’s consumers and enterprises. Speaking at IMC, Savi Soin, Senior Vice President and President, Qualcomm India, commented, “IMC 2025 is a testament to India’s digital momentum. Qualcomm is proud to lead with technologies that are not only cutting-edge but also India-first, from Edge AI and 6G to smart homes and secure video solutions. Our platforms and partnerships are designed to unlock new possibilities for every segment. For over two decades, our investments in R&D and people have helped shape India’s technology ecosystem and we will continue to build on that foundation.” Expanding the Qualcomm Ecosystem: Partner Announcements At IMC 2025, Qualcomm India announced new collaborations that demonstrate its developer-first approach and support for Make in India: • Coredge: Enterprises are at a turning point as the traditional model of sending workloads to hyperscale public clouds shifts toward bringing AI closer to where data resides. With data volumes surging, Qualcomm and Coredge partnership addresses the need for a sovereign, high-performance, and cost-efficient AI platform. The integration of Qualcomm® Cloud AI 100 Ultra Cards with the Qualcomm® AI Inference Suite allows enterprises and governments to securely conduct advanced AI inference in their own data centers, sovereign clouds, or at the edge, guaranteeing that data remains within trusted boundaries. The platform sets the stage for autonomous AI co-pilots that autonomously learn, act, and collaborate, helping industries such as BFSI, manufacturing, retail, and public services unlock faster, smarter, and more secure decision-making. • Lloyd (Havells Group): A connected air conditioner powered by the Qualcomm® QCC743 connectivity platform. Demonstrated live at the event, it highlights the integration of Qualcomm’s advanced tri-radio connectivity—Wi-Fi 6 (2.4 GHz), Bluetooth 5.4, and IEEE 802.15.4 (Thread/Zigbee) with Lloyd’s national manufacturing and distribution capabilities. This collaboration reflects how Indian OEMs are leveraging Qualcomm’s scalable connectivity and AI solutions to deliver energy-efficient, interoperable, and intelligent appliances, aligned with the Make in India initiative and the evolving smart home ecosystem. • Ideaforge: Qualcomm India showcased its collaboration with Ideaforge, featuring drones powered by the Qualcomm® QRB5165 SoC. The demonstration highlighted autonomous navigation, GPS-denied flight, real-time AI-powered video analytics, multi-camera SLAM, and object tracking. The drones also featured 5G connectivity for defense, industrial, agriculture, and smart city applications. This partnership reflects how Indian companies are building scalable, intelligent aerial solutions powered by Qualcomm technologies, supporting Make in India and India’s broader digital and industrial technology initiatives. Qualcomm AI Upskilling Program: Technical Foundation To strengthen India’s AI talent pipeline, Qualcomm India also announced the launch of the Qualcomm AI Upskilling Program: Technical Foundation. Targeted at engineering students, developers, and professionals, this developer-first initiative introduces participants to the Qualcomm AI Stack while encouraging growth in the use of end-to-end on-device ML solutions via the Qualcomm AI Hub. The program covers five key modules: • Fundamentals of AI & ML – covering deep learning, neural networks, big data, and model training. • Edge AI Fundamentals & Features – focusing on cloud, edge, and on-device AI capabilities. • Introduction to Generative AI – exploring GenAI for text, image, speech, and video applications. • Fundamentals of Qualcomm® AI – highlighting how Qualcomm products integrate AI to deliver performance and efficiency. • Getting Started with Qualcomm® AI Hub – enabling developers to build on-device AI applications through a free, accessible platform. With this initiative, Qualcomm India aims to strengthen the Qualcomm AI Ecosystem, familiarize developers and students with its AI Stack, and expand the adoption of on-device AI solutions, helping nurture the next generation of AI talent in India. Driving India’s Digital Ambitions Through its showcases and announcements at IMC 2025, Qualcomm India has reinforced its long-term commitment to India – aligning with the Semiconductor Mission, driving Make in India innovation, leading the evolution to 6G, and empowering developers and students through AI upskilling. Together with its ecosystem of partners and policymakers, Qualcomm India continues to play a central role in shaping an inclusive, sustainable, and globally competitive digital future for the nation. Partner Quotes Coredge “Our collaboration with Qualcomm unlocks an unparalleled mix of efficiency and reach—from edge inference to cloud-scale agentic workflows. Together, we’re enabling Indian telcos, public sector, and enterprises to move beyond ‘chat’ into action-oriented AI agents that orchestrate real business outcomes, with superior performance-per-watt and predictable TCO.” — Arif Khan, Group CEO, Coredge Tech Mahindra “Tech Mahindra and Qualcomm continue to stand together for an AI-enabled and empowered future by spearheading AI integration and On-Device AI through cross sector applications. Our fraud call detection, a unique approach, leveraging the LLM efficiency for establishing call authenticity, based on real-time conversation, powered by the Snapdragon NPU. This comes through the joint expertise gained from integrating our IndusQ LLM with Qualcomm's AI hub, for on-device AI deployment to drive advancements in connected devices, autonomous vehicles, and smart cities. We remain excited for the future with our marquee offerings, including our on-device AI Tutor capability for real-time interactive learning, powered by the Qualcomm NPU – are powering ahead for inclusive AI-led innovation and implementation.” — Nikhil Malhotra, Chief Innovation Officer & Global Head of AI and Emerging Technologies, Tech Mahindra KOGO “With KOGO OS on MegaEdge, AI becomes sovereign. The combination of KOGO’s Private Agentic OS and the Qualcomm Cloud AI 100 Ultra enables low-latency, high-throughput inference right at the edge, so sensitive data stays inside, and value creation stays on-prem.” — Raj K Gopalakrishnan, Co-Founder & CEO, KOGO AI. ideaforge “At ideaForge, we are proud to collaborate with Qualcomm India in harnessing the power of AI, 5G, and advanced computing to push the boundaries of autonomous aerial intelligence. Our Q6 V2 GEO platform, equipped with the Qualcomm-enabled SHODHAM M61 payload demonstrates the power of edge AI delivering real-time analytics for precision mapping, inspection. Powered by Qualcomm, our drones exemplify how indigenous innovation and cutting-edge global technology can come together to create scalable, high-performance systems for industrial, and smart infrastructure applications. It is our collective commitment to strengthening India's technological sovereignty while building a smarter, more secure, and interconnected tomorrow. We look forward to continuing this journey of innovation and a technologically advanced India.” — Ankit Mehta, CEO & Co-founder, ideaForge Havells “At Havells, our vision is to make every household smarter, more efficient, and seamlessly connected. By leveraging Qualcomm’s advanced platform in our Lloyd air conditioners, we are not only elevating performance but also delivering richer, more intuitive experiences for our consumers.” — Alok Tickoo, Executive Vice President and Business Leader, Lloyd Air Conditioner Business, Havells Tejas Networks "We are excited to partner with Qualcomm as we continue to build an industry-leading wireless portfolio for 5G and beyond. We look forward to leveraging Qualcomm's cutting-edge chipsets in our next-generation RU and DU products." — Dr. Kumar N. Sivarajan, CTO and Cofounder, Tejas Networks (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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