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    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
    VKDL Group’s NPA Bazaar Strengthens India’s Distressed Asset Resolution Ecosystem Under the Leadership of V K Dubey
    Lok Sabha passes bill to authorise govt to permit banks to levy charges on UPI transactions
    Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee August 3 to 5, 2026
    Stock markets edged higher in early trade amid lower crude oil prices, buying in Reliance Industries
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    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.
    August 6, 2026
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    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
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    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
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    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
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    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.
    August 6, 2026
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    Distressed asset resolution integrates restructuring, insolvency advisory, funding facilitation and digital marketplaces for transparent financial recovery transactions.
    The platform provides integrated advisory, management and transaction-facilitation services for Non-Performing Assets, stressed assets and distressed assets. Its services include NPA resolution, debt restructuring, One-Time Settlements, funding assistance, insolvency and bankruptcy advisory, asset reconstruction, financial restructuring and capital raising. Digital and offline marketplaces facilitate transactions involving distressed assets, receivables and related movable or immovable properties, supported by collaborations with banks, Non-Banking Financial Companies, Asset Reconstruction Companies, corporates and investors.
    August 6, 2026
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    Merchant discount rate framework may permit charges on notified UPI and digital payments through a government notification mechanism.
    The proposed amendment to Section 10A of the Payment and Settlement Systems Act, 2007 replaces the existing income-tax-linked reference with a Central Government notification-based mechanism for electronic payment modes. It removes the current statutory restriction preventing banks and payment service providers from charging Merchant Discount Rate on notified modes, enabling the Government to permit charges for UPI and other digital payments. The policy rationale is to support funding for payment infrastructure and a sustainable revenue model for service providers.
    August 6, 2026
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    Neutral monetary policy stance continues as resilient growth and food-fuel inflation risks require close macroeconomic monitoring.
    The Monetary Policy Committee retained the policy repo rate and continued the neutral monetary policy stance, citing the need to assess evolving growth-inflation conditions. Domestic activity was assessed as resilient, supported by consumption, investment, credit, manufacturing, services and exports, although global uncertainty, energy prices, supply-chain pressures, geopolitical developments and monsoon conditions remain risks. CPI inflation increased mainly because of food and fuel pressures, while underlying inflation remained moderate. The Committee considered that price pressures were not yet generalised and reaffirmed its commitment to align inflation with the target.
    August 6, 2026
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    Closing auction price discovery and a neutral monetary policy stance shaped equity market conditions amid lower crude prices.
    The Closing Auction Session in the equity cash segment introduced an auction-based mechanism for determining closing prices of eligible shares with futures and options contracts, intended to make price discovery more transparent and robust. The Reserve Bank of India retained its neutral stance and left the benchmark policy rate unchanged, pending greater clarity on the inflationary effects of higher energy costs. Future policy decisions were stated to be data dependent.

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      Diwali Sale 2025: Branded Watches on Sale in India

      October 11, 2025

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      This Diwali 2025, gift timeless luxury. Explore Sylvi’s branded watches on sale—Iconic, Urbane, Timegrapher, Rig One O One, Velvetine, Bella, Timeora, Riva & Dazell. Diwali is not only about the use of diyas and sweets. It is that magic time of the year when the streets are open until late at night, children carry sparklers in their hands, and families finally stop their hectic life to have a seat together. There is exchange of gifts, laughter is heard across the house and the closeness of togetherness makes it all even better.

      This truly is khushiyon ki ghadi — the moment of happiness we all wait for. And what could be better than marking it with a gift that stays, a gift that reminds your loved ones of these joyful times long after the festival lights have dimmed? Most of us usually turn to sweets or gift hampers. They’re nice, but let’s be honest — they don’t last. A watch, though, is different. It doesn’t get finished in a week or pushed to the back of a shelf. It stays. You wear it every day, and it quietly reminds you of the person who gave it.

      This year, Sylvi is making that feeling even better. With the Diwali Sale 2025, our watches come with festive privilege prices — 14%, 16%, and even 18% off depending on the collection. Proudly designed in India, every piece combines reliability with style, so your gift isn’t just for the festival but for years to come.

      Take your pick: the strong, bold Iconic Collection for men or the soft elegance of the Velvetine Collection for women. Each one feels different, each one has its own story. And this Diwali, you can make one of them part of yours.

      Why Watches are the best Diwali gift A Symbol of Hope: A watch marks growth, progress, and new beginnings - the essence of Diwali itself A memorable gift: Long after the Diyas have gone out, a timepiece keeps ticking, reminding loved ones of your bond.

      Personal Yet Universal: Whether for students, professionals, athletes, men, women, or any profession, a watch fits every personality.

      Luxury that you can trust: Sylvi offers Premium watches with value for money price, and we are a proudly Made in India brand that offers made in India watches that match global standards.

      When you gift someone Sylvi watches, you are not just giving a product, but you are gifting time, memories, and love, which are forever.

      Sylvi Diwali 2025 Sale: Branded Watches on Offer Every Sylvi collection tells a different story, which is why they make such meaningful Diwali gifts. Some are bold, some refined, and each reflects a unique personality.

      Iconic Collection The Iconic Collection is a perfect fit with men who like to combine tradition with being practical. The watches have dark black dials, analog-digital movements, stainless steel backs, and leather-soft-straps. The round case has a vintage appeal to it but the details add a new twist to it making it a reliable solution both at a party and in everyday life.

      Urbane Collection The Urbane Collection takes a slightly different route. The squircle case is unique, the straps come in stainless steel with silver or rosegold tones, and the dial options range from blue to green to black. Urbane is the kind of watch you can wear to the office during the day and keep on for Diwali get-togethers in the evening. It’s versatile without trying too hard.

      Timegrapher Collection The Timegrapher Collection is for men who like their watches to do more. With working chronographs, black-and-rose gold cases, and sturdy build quality, these watches have presence. They’re accurate, water-resistant, and designed to feel at home both in meetings and festive celebrations.

      Rig One O One WT Max Collection The Rig One O One WT Max Collection blends old and new. You still get the elegance of a round analog dial, but it’s paired with a digital display. Add in a stainless steel back and a comfortable silicone strap, and you have a watch that’s tough, modern, and made for someone who enjoys technology as much as tradition.

      Other Sylvi Collections at a Glance Beyond these six, Sylvi also has a wide variety of collections that make wonderful Diwali gifts. Starboard is sporty and adventurous, built for people who love energy. Blade is one of the slimmest watches, perfect for minimalists. Elegadoom is bold and striking, while Majestic carries strong colors and designs for powerful personalities. Elegare offers clean and versatile styles, and Professional Edge is crafted for working professionals who want both form and function.

      For those who prefer modern simplicity, Specter brings minimal, clean lines. Serene offers soft, graceful looks for women, and Ellore transitions easily from work to evenings out. Timeora is chic yet practical, Riva provides everyday stainless steel elegance, and Dazell is trendy and youthful, making it a smart pick under ₹2000.

      Together, these collections prove that Sylvi has something for everyone — whether it’s a stylish gift for employees, a thoughtful present for a special guest, or a personal timepiece to mark the season of light.

      Festive Price & Deals Snapshot Sylvi offers a unique watch selection reflecting quality and celebration this Diwali Sale 2025.

      Men will appreciate the best-selling Iconic Collection that reinforces our theme of versatility with 14% off. The strap options include leather and fabric, while the watch display is a fun analog-digital display. The Starboard and Urbane Collections also 14% off offer sleek stainless steel straps and an elegant analog watch face, ideal for the modern working man.

      For style, the fashionable Blade Collection of watches, also 14% off, features a minimalist stainless steel look with a classic analog time display. The Timegrapher Collection allows you to recognize elegance like never before with 16% off and leather, silicone, and steel straps in an eye-catching chronograph style.

      Women will also find options that will add sophistication to every wrist. You will find exceptional watches with the Timeora Collection, 16% off, featuring elegant stainless steel straps with a minimal analog watch display. The Riva and Serene Collections offer beautiful timepieces in analog styles, 18% off, with delicate straps created in leather, mesh and stainless steel. The watch sets are a perfect, distinct gifting option for the holiday season.

      Sylvi stands behind each watch, could be Made in India, and designed for those who enjoy luxury, style and meaning.

      Why Choose Sylvi: Made in India, Value Luxury Gifting a Sylvi watch to someone is not only providing a time piece, but it is also a sign of the time when you commemorate something that is proudly Made in India. Each design bears the Indian touch but with the quality that you would have expected of the best international brands. And this is the difference, we demonstrate that luxury may be real and high-quality without a high price tag.

      In Sylvi, we have a simple belief, which is to appreciate luxury. Watches that appear to be high-end, and feel high-end and bring timeless elegance within reach. We are bringing festive light this Diwali with special privilege price of 14%, 16% and 18% on select lines.

      From bold men’s chronographs to graceful women’s designs, Sylvi offers a variety that suits every personality. Over the years, we’ve built a legacy of trust — rooted in craftsmanship, culture, and innovation. That’s why when you gift Sylvi, you’re not just gifting a watch. You’re gifting a story that will live on every wrist.

      Diwali Gifting Guide: Which Watch Fits Whom? Choosing the right watch for your loved ones doesn’t have to feel complicated. Here’s a quick guide to help you find their perfect match: Students & Youth → Urbane, Dazell, Blade Professionals → Iconic, Timegrapher, Timeora Women Elegant → Bella, Velvetine, Riva, and Serene Adventurers → Starboard, Rig One O One WT Max Collectors & Fashionistas → Elegadoom, Specter Expert advice: Present your Sylvi with a personalized card and wrap it in a festive box. It transforms a wonderful gift into one that will be remembered.

      Secure Yours Today – Limited Festive Privilege Prices It is time to celebrate more than lights and sweets this Diwali 2025, and Sylvi is inviting you to do so. Make merry with that which is enduring-- with a present that counts the seconds. Our Sylvi luxury watches are not just accessories since we present exclusive festive deals of 14%, 16% and 18%. They are a status symbol of luxury, pride and love.

      Don’t wait too long. Get yours now and have a Diwali of a lifetime. Since it is light season, the time is of the essence.

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

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