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    Competition Commission of India (CCI) hosts BRICS Heads of Competition Authorities 2026 meeting
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    August 10, 2026
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    UPI transaction charges remain unavailable for consumers and person-to-person payments, while limited threshold-based merchant MDR may be considered.
    Proposed amendment of section 10A of the Payment and Settlement Systems Act, 2007 is intended to support UPI sustainability, technological advancement and resilience. Consumer payments and person-to-person transactions are to remain free. Any future merchant discount rate would apply only to limited merchant transactions above a threshold, at a nominal rate, while most merchant transactions remain free. The framework supports investment in cybersecurity, fraud prevention and infrastructure, alongside a self-sustaining and inclusive digital-payment ecosystem.
    August 10, 2026
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    Fair competition cooperation in renewable energy markets advances knowledge-sharing and evidence-based enforcement across interconnected digital and energy markets.
    BRICS competition authorities adopted a Joint Statement strengthening cooperation to promote fair competition, including in renewable energy markets. Cooperation focuses on dialogue, knowledge-sharing and consideration of cross-border competition challenges in digital markets, emerging technologies and the energy transition. Competition enforcement is to remain principled and evidence-based, supporting efficiency, consumer welfare, innovation and merit-based competition. A collaborative renewable-energy competition study identified evolving market dynamics and areas for future cooperation.
    August 10, 2026
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    Cost optimisation in public finance strengthens investment decisions, risk allocation, indigenous manufacturing and value-driven government expenditure through specialised financial expertise.
    ICoAS cost optimisation supports public financial management through prudent resource utilisation, financial oversight and improved cost management across government. Its role includes supporting indigenous manufacturing, better investment decisions, efficient public expenditure and maximum value for public spending. With greater private-sector participation and Public-Private Partnerships, ICoAS officers are expected to promote cost efficiency, appropriate risk allocation and sound project structuring. Capacity building emphasises integrity, financial modelling, data visualisation, analytical frameworks and artificial intelligence for improved public-finance management.
    August 9, 2026
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    Co-operative development financing would expand through direct assistance, share-capital participation and wider operational powers for sectoral support.
    National Cooperative Development Corporation (Amendment) Bill, 2026 proposes to broaden the Corporation's mandate to promote co-operative development. It would permit direct loans and grants to co-operative societies and other entities engaged in co-operative development, where funds are used for co-operative purposes. With Central Government approval, the Corporation could participate in the share capital of such entities. The proposals also expand the meaning of foodstuffs, remove geographical restrictions for industrial-goods assistance, and provide additional functional powers.
    August 9, 2026
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    GST compliance failures and electricity subsidy controls raise allegations of financial irregularities and potential losses to the public exchequer.
    Allegations based on a Comptroller and Auditor General report identified purported GST compliance failures involving outstanding tax liabilities, e-way bills generated after cancellation of GST registrations, limited bill scrutiny, non-compliance, and turnover mismatches. The allegations also concerned electricity subsidies extended to consumers with prolonged zero bills or apparent non-residence, presenting these issues as possible financial irregularities and losses to the public exchequer.
    August 9, 2026
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    Money-laundering prosecution complaints allege fund diversion through shell entities, credit-facility evergreening, layered transactions and fictitious project expenditure.
    Money-laundering prosecution complaints allege that funds from toll-road projects and credit facilities were diverted through group companies, contractors, shell entities and conduit accounts. In the toll-road matter, allegedly sham or back-dated subcontracting arrangements and subsequent documentation were used to portray transfers as genuine project expenditure. In the credit-facilities matter, fresh facilities were allegedly used to repay, rotate and evergreen earlier liabilities rather than for sanctioned end-use, with funds layered and presented as legitimate business expenditure or receipts. Attached assets are sought to be confiscated as alleged proceeds of crime.
    August 9, 2026
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    Direct Benefit Transfer pension disbursement replaces cooperative-bank doorstep delivery, while preserving home payments for beneficiaries unable to use bank accounts.
    Direct Benefit Transfer of social security and welfare pensions to Aadhaar-linked bank accounts is intended to replace cooperative-bank doorstep delivery, except for bedridden and similarly situated beneficiaries. The change addresses delays in remitting undistributed pensions, deficient record updates and reconciliation, duplicate payments, delivery incentives, and compliance with Direct Benefit Transfer norms. Criticism focuses on beneficiary access to linked commercial-bank accounts, possible minimum-balance deductions, exclusion of cooperative banks, and the effect on doorstep-delivery workers.
    August 8, 2026
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    Engineering business growth supported Raymond's first-quarter performance, with export expansion, capacity investment and net-debt-free financial flexibility.
    Raymond Limited reported unaudited first-quarter FY27 growth in total income, EBITDA and profit before tax before exceptional items, while remaining net-debt-free with a net cash surplus. Its Engineering business comprises Precision Technology & Auto Components and Aerospace & Defence. Growth in the former was attributed to export expansion, operating leverage, product mix and cost reductions. Aerospace & Defence growth was linked to production for global OEMs, portfolio expansion and increased capacity, although margins were affected by targeted research and development investment. Forward-looking statements remain subject to regulatory, political, economic and technological risks.
    August 8, 2026
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    Savings account selection requires comparison of effective interest, fees, digital service, access, and individual banking needs.
    Savings-account selection should compare effective interest returns under slab-based rates, recurring operating charges and the customer's actual banking needs. Net value depends not only on advertised rates but also on relevant minimum-balance, card, ATM, alert and transfer fees. Digital reliability, customer support, branch availability and ATM access should be assessed according to the customer's average balance, cash use, transfer frequency, travel patterns and need for in-person assistance. The suitable account is one that matches real banking behaviour.
    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
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    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.

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      Before the Brain''s Whisper Turns Into a Scream for Help — Neurology Experts at Sri Ramakrishna Hospital Spreads Awareness on Neurological Health

      October 27, 2025

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      Coimbatore, Tamil Nadu, India (NewsVoir) From frequent headaches to subtle changes in mood or balance, early neurological symptoms often go unnoticed. According to neurology experts at Sri Ramakrishna Hospital, these small signs can be early indicators of larger issues affecting the brain, spine, or nerves. As a part of Neurological Health Awareness Month the neurology specialists in Coimbatore are calling for awareness, timely screening, and preventive healthcare measures that can safeguard long-term neurological well-being.

      The nervous system in the human body plays a vital role in overall functioning. It is responsible for coordinating and controlling almost the entire body functions. The brain is considered as the central power of the nervous system as it is responsible to send signals across the body through nerves. Every little function of the human body starts in the brain and is controlled by it.

      The Department of Neurology at Sri Ramakrishna Hospital stands as one of the region’s foremost centers for the diagnosis, treatment, and research of neurological disorders. With a legacy of compassionate healthcare and a commitment to medical excellence, the department provides comprehensive neurological care for patients of all ages — from acute emergencies to long-term neurorehabilitation.

      As this month marks the Neurological Health Awareness month, Sri Ramakrishna Hospital, emphasizes the importance of early detection and timely medical evaluation for neurological disorders — a key step toward preventing disability and improving quality of life.

      Understanding Neurological Disorders Stroke, Headache, epilepsy, multiple sclerosis, Parkinson’s disease, dementia, Nerve and muscle diseases, brain tumors, and traumatic brain injury include the important neurological disorder that we see in day to day practices.

      Neurological disorders often present symptoms that are early indicators of potentially catastrophic diseases. For example patients can present with transient ischemic attack prior to a major stroke. Headache may be a presenting symptom prior to a hemorrhage stroke. Patients may have vacant spells /for just jerks before a major seizure episode. So it is important that these symptoms are understood before the catastrophic event occurs.

      The Importance of Early Detection Early signs of neurological problems often pave the way for major damage. If recognized early, they offer a window of opportunity for care and treatment, slowing disease progression, preserving function, and improving long-term quality of life.

      Reversible damage: In many instances—such as in stroke, transient ischemic attacks (TIAs)—seeking timely treatment within the golden window of 4 hours could reverse any major injury or prevent further damage.

      Better treatment efficiency: Treatments for many neurological work more effectively when started early, before irreversible changes have set in. This ensures the symptoms are better controlled and helps the individual to have a healthy and quality life.

      Reduced complications & disability: Early care minimizes the risk of long-term disability and dependency.

      Optimized rehabilitation: The earlier rehabilitation begins, the better the recovery of function — neural plasticity is greater in early phases.

      Common Early Neurological Warning Signs One Should Never Ignore Neurological symptoms may be quite mild and these are easily missed. Take a look at the signs below that should not be ignored, especially when they are consistent and worsening.

      Persistent, unusual headache Frequent or worsening headaches, especially those that differ from the usual pattern, or that come with nausea, vision changes, or neurological deficits — may be a sign of migraine, vascular issues, or intracranial lesions.

      Numbness, tingling, or altered sensation Unexplained numbness or “pins and needles” in arms, legs, face, or trunk can suggest nerve compression, neuropathy, spinal cord problems, or early multiple sclerosis.

      Muscle weakness or loss of strength A gradual or sudden decline in muscle strength — such as difficulty lifting, gripping, or walking – may point to nerve or motor neuron disorders/ Spinal problem.

      Coordination or balance issues Frequent dizziness or poor balance could indicate cerebellar, brainstem, or peripheral nerve involvement.

      Changes in vision, hearing, or speech Sudden or progressive blurry vision, double vision, hearing loss, ringing in the ears, slurred speech, or difficulty expressing thoughts often implicate neuro-ocular or cranial nerve pathways.

      Cognitive or memory decline, confusion Problems with concentration, recent memory lapses, disorientation, or sudden mood/behavior changes may suggest early dementia.

      Excessive fatigue, sleep changes, or sleep disruption Persistent lethargy, insomnia, daytime sleepiness, or abrupt sleep pattern shifts may accompany neurological disease.

      Seizures or involuntary movements A first seizure, recurrent convulsions, tremors, tics, or abnormal involuntary movements should always be assessed by a neurologist in Coimbatore.

      Also remember that not every headache is serious and every symptom mentioned above indicates something serious. When experienced on a regular basis or it keeps worsening it is a wise choice to seek medical help.

      Risk Factors That Raise the Chances of Neurological Disorders While neurological problems can occur in anyone, certain risk factors increase susceptibility: • Hypertension, diabetes, hyperlipidemia can lead to conditions like stroke.

      • History of head trauma or concussion can raise the risk of chronic neurological sequelae.

      • Smoking, excessive alcohol use, sedentary lifestyle has a negative impact on vascular and neural health.

      • Genetic predisposition or family history of neurodegenerative disease.

      • Ageing can lead to many neurological disorders becoming more common with advancing age.

      • Autoimmune or inflammatory conditions may trigger demyelinating processes (e.g., MS).

      • Chronic stress, poor sleep, and uncontrolled systemic disease can worsen neurological strength.

      Knowing one’s personal risk profile helps tailor treatment and screening. But remember a weak neurological health is not common with aging. For example, older people often forget things and blame it on their age, but severe memory loss is often a sign of dementia and Alzheimer's. Get screened early for a long neurological health.

      What Are The Tips To Protect One’s Neurological Health? Here are practical steps individuals can take today: • Track and record unusual symptoms - timing, duration, progression.

      • Do not self-diagnose or self-medicate - always consult professionals.

      • Adopt a brain-healthy lifestyle - physical activity, balanced diet, good sleep.

      • Manage chronic conditions - hypertension, diabetes, cholesterol.

      • Use protective measures - helmets, seatbelts, safe environments to reduce head injury risk.

      • Stay mentally active - reading, puzzles, social engagement can support cognitive reserve.

      • Neurological problems may begin with a whisper, a fleeting sensation or subtle shift in feeling, but left unchecked, they can escalate into life-altering conditions. Ignoring early signs is a risk no one should take.

      The Department of Neurology at Sri Ramakrishna Hospital is ready to serve with comprehensive diagnostics, advanced treatment options, and compassionate rehabilitation care. Sri Ramakrishna Hospital urges everyone to treat persistent or unexplained symptoms as a signal, not a mild disturbance. Reach out, seek expert evaluation, and give the nervous system the chance to heal or adapt before irreversible harm sets in. Together, let us build a more neurologically aware, supportive, and healthy community.

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

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