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    NEWS HIGHLIGHTS
    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
    China's exports slow slightly in July despite robust demand for high-tech products
    India successfully concludes the Tenth BRICS Industry Ministers' Meeting in Jaipur under its BRICS Chairship 2026
    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
    Par panel for early conclusion of India-US trade pact, tariff exemptions on key goods
    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...
    RBI invites comments on the draft “Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026”
    West Bengal seeks 100pc foodgrain, 40pc sugar jute packaging quota at SAC meeting
    RBI clasifies Tata Sons, 16 others as large NBFCs
    Sensex climbs 374 points on buying in Reliance, ICICI Bank; Nifty ends flat
    Insurance Division, DFS Secures 3rd Rank in Group A Category of Grievance Redressal Assessment & Index (GRAI) for June 2026
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    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
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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
    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.
    August 7, 2026
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.
    August 6, 2026
    Show AI Summary
    Draft NBFC credit-facilities amendments open for stakeholder consultation through designated online and email feedback channels.
    Draft amendments to the Non-Banking Financial Companies credit-facilities framework have been released for public consultation. Regulated entities and other interested stakeholders may submit comments or feedback through the 'Connect 2 Regulate' platform or by email using the specified subject line.
    August 6, 2026
    Show AI Summary
    Mandatory jute packaging reservations were urged to protect cultivators, mill workers, crop absorption, and environmentally sustainable packaging.
    Mandatory jute packaging reservations were sought to be retained at full coverage for foodgrains and increased for sugar packaging for the forthcoming Jute Year. The submission before the Standing Advisory Committee emphasised absorption of bumper jute output, remunerative prices for cultivators, uninterrupted mill operations, and protection of farm and worker livelihoods. It also stressed that biodegradable jute bags offer an environmentally friendly alternative to HDPE and polypropylene woven sacks, and that dilution of compulsory packaging could undermine plastic-pollution reduction efforts.
    August 6, 2026
    Show AI Summary
    NBFC Upper Layer classification imposes enhanced regulation and listing obligations, while de-registration applications remain under examination.
    NBFC Upper Layer classification subjects identified large non-banking financial companies to enhanced regulatory requirements for at least five years and requires stock-exchange listing within three years of identification. The framework divides NBFCs into Base, Middle, Upper and Top Layers. Seventeen large NBFCs were included in the Upper Layer list, while Tata Sons' classification remains subject to the pending examination of its de-registration application.
    August 6, 2026
    Show AI Summary
    Closing auction price discovery may affect benchmark levels differently based on constituent liquidity and concentrated institutional order flow.
    The Closing Auction Session in the equity cash segment uses an auction-based method to determine closing prices of eligible shares with futures and options contracts, aiming to strengthen transparent and robust price discovery. Its effect on benchmark closing levels may differ according to constituent liquidity and institutional order flow. The Reserve Bank of India retained the policy repo rate and neutral stance, indicating that future policy decisions will be data-dependent and influenced by assessment of energy-cost effects on inflation.
    August 6, 2026
    Show AI Summary
    Public grievance redressal strengthens through monitoring, senior review, workshops, stakeholder coordination, and customer-centric service delivery improvements.
    Public grievance redressal is assessed through the Grievance Redressal Assessment and Index, which analyses grievance categories and disposal. The Department of Financial Services' Insurance and Banking Divisions received third and sixth ranks respectively in the June 2026 assessment. Its framework includes disposal of grievances, random reviews by senior officials, and workshops on effective grievance redressal, supporting best practices, stakeholder coordination, technology use, customer-centric service, and accountable public service delivery.

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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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