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August 28, 2026
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Foreign exchange reserves reached a record level, supported by increases in foreign currency assets and gold holdings.
India's foreign exchange reserves increased by USD 12.422 billion to an all-time high of USD 729.328 billion for the week ended 21 August. Foreign currency assets and gold reserves recorded the principal increases, while special drawing rights and the reserve position with the IMF also rose. Foreign currency asset valuation reflects movements in non-US currencies held in the reserves. FCNR(B) and concessional swap arrangements were introduced to attract additional foreign-exchange inflows.
August 28, 2026
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IPO regulatory approval enables Jio Platforms to advance preparations for its proposed fresh equity share public offering.
Jio Platforms Ltd. has obtained Sebi's final observations for its proposed initial public offering. This key regulatory stage enables further preparations for the public issue, subject to applicable regulatory requirements. The proposed offering comprises up to 27 crore fresh equity shares and is expected to account for approximately 2.9 per cent of the company's post-issue equity base.
August 28, 2026
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Financial inclusion through basic bank accounts expands banking access with no-balance accounts, debit cards, and emergency overdraft support.
Pradhan Mantri Jan Dhan Yojana enables unbanked adults to open basic bank accounts without minimum-balance or maintenance-charge requirements. Accounts include a free RuPay debit card with accident insurance coverage and eligibility for an overdraft facility during emergencies. The scheme promotes digital transactions, financial security and participation in the formal economy, while extending banking access to rural and semi-urban communities and increasing women's financial inclusion.
August 28, 2026
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Flexible personal loan repayment enables eligible borrowers to select longer tenures, subject to eligibility, terms, verification, and repayment capacity.
Bajaj Finance personal loans offer eligible customers collateral-free borrowing with flexible repayment tenures of 12 to 108 months, subject to eligibility, applicable terms, verification and documentation. A longer tenure may reduce monthly EMIs by spreading repayment over more months, but can increase total interest payable. Borrowers should compare the interest rate, tenure, EMI, processing charges and other costs, while considering their income, existing commitments and repayment capacity. Loan Utsav 2026 provides limited-period rewards for eligible customers whose loans are successfully disbursed during the campaign period, subject to applicable terms.
August 28, 2026
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Digital arrest money laundering investigation tracks cyber-fraud proceeds through layered bank accounts, cash withdrawals, and foreign-exchange conversion.
Arrests under the Prevention of Money Laundering Act form part of an investigation into alleged digital arrest cyber fraud and laundering of fraud proceeds. Funds were reportedly routed through numerous bank accounts, withdrawn in cash, and converted into foreign currency through licensed money changers. The financial trail is linked to commodity trading, travel and foreign-exchange entities allegedly connected with cyber-fraud complaints and first information reports. The inquiry also identified alleged shell or dummy companies using proxy directors to conceal control and facilitate fund movement.
August 28, 2026
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Foreign exchange intervention and lower crude prices supported rupee appreciation despite a stronger dollar and foreign institutional investor outflows.
Foreign exchange market conditions supported a six-paise appreciation of the rupee against the US dollar at the close of trading. Lower global crude oil prices and Reserve Bank of India intervention to limit significant rupee depreciation contributed to the movement. A marginal strengthening of the US dollar and foreign institutional investor equity outflows continued to exert pressure, while FCNR(B) scheme inflows supported the currency.
August 28, 2026
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Cyber fraud impersonating enforcement officials coerced a senior citizen into bank and cryptocurrency transfers through terror-funding threats.
Cyber fraudsters allegedly impersonated public officials and threatened a senior citizen with implication in money laundering, terror funding and cybercrime. Using WhatsApp video calls and purported official notices, they allegedly induced the victim to transfer funds to multiple bank accounts and a cryptocurrency wallet on the pretext of proving innocence. The victim reportedly liquidated fixed deposits and mutual fund investments before identifying the deception and reporting it through the cybercrime helpline. A cyber police case was registered for further investigation.
August 28, 2026
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Rupee depreciation against US dollar reflects foreign investor outflows and crude supply disruptions, moderated by weaker dollar and oil prices.
Foreign institutional investor outflows and disruptions in global crude oil supplies placed downward pressure on the rupee against the US dollar. A weaker dollar index and lower Brent crude prices moderated the decline. Market commentary anticipated a narrow trading range, with expected Reserve Bank of India protection at the upper end and oil importer, month-end, and importer demand supporting the lower end. Participants also monitored the US Federal Reserve Chair's Jackson Hole speech.
August 27, 2026
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Emergency flood response measures coordinate rescues, suspend cross-border transport, and address risks to public safety.
Severe flash floods in Nepal and along the Nepal-Tibet border prompted cross-border rescue coordination for missing and stranded persons, warnings of continued downstream flood risk, and international relief support. Preventive public-safety measures included temporary suspension of an Indo-Nepal bus service. Separate developments included disruption of public services during an employee strike, investigation of an aircraft crash, market measures affecting sugar and onion prices, and proposed trade engagement for greater market access for basmati rice and processed food exports.
August 27, 2026
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Regulatory review of fraud allegations requires timely consideration of representations while merits and standing remain undecided.
SEBI must consider and decide, within two weeks, representations alleging fraud by an Indian logistics company and its subsidiary. The allegations concern systematic over-invoicing of freight charges and forged documentation, with a parallel criminal investigation based on an FIR registered by the Delhi Police Economic Offences Wing. No determination has been made on the merits of the allegations or the complainant's standing to approach SEBI. The allegations and criminal proceedings were disclosed in IPO offer documents.
August 27, 2026
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Personal insolvency repayment plans test creditor voting thresholds, valuation safeguards, and limits on commercial review under insolvency law.
Personal insolvency resolution under the Insolvency and Bankruptcy Code involved approval of a repayment plan providing for payment of Rs 6.25 crore to creditors and Rs 25 lakh towards process costs against admitted creditor claims of about Rs 22,006.57 crore. Objections by dissenting creditors were rejected because they held less than 20 per cent of voting share, while the plan received 80.81 per cent support. Valuation indicated that the personal estate was worth less than the amount offered, and the tribunal declined to replace creditor commercial wisdom or assess settlement adequacy.
August 27, 2026
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Sovereign credit rating stability reflects policy continuity, infrastructure investment, external strength, and fiscal consolidation pressures.
India's sovereign credit rating retained a BBB stable outlook, supported by strong growth, an external balance sheet, stable institutions, policy predictability, and infrastructure investment. Public investment and consumer demand are expected to sustain growth and assist fiscal consolidation. Constraints include weak fiscal performance, elevated government debt and interest burdens, and low per-capita income. Long-term rating support depends on financing infrastructure investment without materially widening the current-account deficit and on reducing the fiscal deficit through stable fiscal and monetary policies.
August 27, 2026
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Sugar import liberalisation and stockholding limits seek to moderate retail prices amid constrained domestic supply and restricted exports.
Sugar price-control measures combine duty-free raw sugar imports, stockholding limits for dealers and bulk consumers, and an export prohibition to address elevated retail prices and curb hoarding. Domestic supply remains constrained by reduced sugarcane output, prior exports and diversion of sugar to ethanol. Net production is estimated below projected domestic demand, while closing stocks are expected to remain limited. Import access, inventory restrictions and export controls therefore operate as market-stabilisation mechanisms.
August 27, 2026
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Money-laundering investigation into alleged homebuyer fraud led to searches and freezing of assets linked to realty promoters.
Money-laundering proceedings were initiated under the Prevention of Money Laundering Act on the basis of police FIRs alleging fraudulent inducement and non-delivery of residential plots. Searches at premises linked to real estate promoters resulted in the seizure or freezing of luxury vehicles, jewellery, bank accounts and securities. The investigation alleges that substantial upfront payments for residential plots were received, but a significant portion of promised plots remained undelivered, and certain plots were allegedly sold to third parties without consent.
August 27, 2026
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Commercial card governance enables configurable credit, approvals, virtual cards and controlled supplier payments across enterprise payment workflows.
SpendFlow combines commercial card program configuration, credit management, virtual cards, spend controls, approvals, supplier payments, billing and accounting in one architecture. It supports centrally governed rules with approved corporate-level variations, enterprise hierarchy management, and virtual cards linked to entities, employees, accounts or credit facilities. Multi-tier approvals and virtual-card supplier payments support controlled business payment functions, while core banking and ERP connectivity links card activity with banking and enterprise financial workflows.
August 27, 2026
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Basmati rice market access may be pursued through trade agreement review, subject to import limits and safety standards.
Market access for Indian basmati rice may be pursued through review of the Comprehensive Economic Partnership Agreement, as rice remains a sensitive sector subject to import quantity limits and duties beyond permitted quantities. Processed food exports offer further opportunities where exporters comply with Japanese quality and safety standards. Bilateral cooperation also covers investment, supply chains, technology partnerships and capital flows supporting infrastructure, manufacturing and semiconductor ecosystems.
August 27, 2026
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Capital allocation discipline governs consideration of further Air India funding alongside business strategy, cash flow and investment requirements.
Further capital investment in Air India will be evaluated by Singapore Airlines' board through a disciplined capital-allocation process. Assessment will consider the group's capital requirements, Air India's business strategy, operating cash flow, investment needs for aircraft and products, and multi-hub investments intended to support long-term growth and returns. As a significant minority shareholder, Singapore Airlines supports Air India's transformation programme with Tata Sons, but no commitment to provide additional capital is indicated.
August 27, 2026
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Semiconductor investment cooperation anchors expanded India-Japan industrial partnerships across technology, manufacturing, clean energy, infrastructure, and financial services.
Semiconductor and artificial-intelligence cooperation centres on a six-pillar semiconductor strategy encompassing chip design, semiconductor machinery and materials, fabrication, ATMP/OSAT, research and development, and talent development. Japanese participation is sought across semiconductor materials and equipment, power semiconductors, electronics, AI, logistics and related advanced technologies. Development of semiconductor clusters is linked to reliable power, ultra-pure water, skilled manpower and social infrastructure.
August 27, 2026
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Financial inclusion through basic bank accounts enables direct welfare transfers, digital payments, insurance access and credit for excluded households.
PMJDY provides unbanked adults with basic bank accounts without minimum-balance or maintenance-charge requirements, free RuPay debit cards with accident insurance cover, and eligible overdraft support. Through the JAM framework, PMJDY accounts enable direct transfer of welfare benefits using bank accounts, Aadhaar-based biometric verification and mobile connectivity, reducing intermediary involvement and delays. The scheme emphasises rural, semi-urban, marginalised and women account holders while supporting access to insurance, pensions, savings, digital payments and credit, including MUDRA loans.
August 27, 2026
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Contract food services expansion strengthens Rassense's nationwide institutional operations through new academic partnerships and technology-led service delivery.
Rassense Pvt Ltd reports crossing a workforce of more than 5,000 employees and projects revenue exceeding INR 600 crore. Its contract food services operations serve educational institutions, corporate campuses, healthcare facilities and industrial locations. New operations at IIM Jammu, IIM Bangalore and IIT Guwahati strengthen its nationwide institutional presence. Expansion is supported by academic institution partnerships, local workforce development, operational excellence, and technology-led capabilities in food production, food waste reduction and supply-chain management.

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Right2Vote eVoting Platform Is Not Only India’s Best Online Voting Technology, But The World’s Best eVoting Technology

November 11, 2025

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India’s Most Trusted eVoting Platform Certified by STQC, ISO & MCA. In the digital era, democracy is evolving, and the way people vote is changing rapidly. However, one thing any democracy will always need is trust in the system. Conducting an election online is easy. Building public trust in that technology is not. That’s where Right2Vote, India’s leading eVoting platform, stands apart. For over a decade, Right2Vote has been redefining how elections are conducted, not just simplifying the process but building confidence in every vote cast. With government-approved certifications, world-class security audits and cutting-edge features, Right2Vote has become the gold standard for digital democracy in India and beyond. Building Trust Through Technology: 10 Years of Innovation Right2Vote isn’t new to eVoting, it has been serving the nation for over 10 years, conducting thousands of elections every year across housing societies, medical associations, cooperative bodies and global organisations. The platform has conducted more than 20,500 elections successfully, demonstrating reliability, security and transparency. What makes Right2Vote stand tall isn’t just the scale of operations, but its commitment to trust and technological excellence. Every feature, every audit, and every update is designed with one goal: to ensure that every voter can trust the process as much as they trust their own ballot. Certified Trust: STQC, ISO, and MCA Approved STQC Certification: CQW Mark of Accuracy and Quality When it comes to security and accuracy, Right2Vote doesn’t just claim it’s certified. The platform is STQC (Standardisation Testing and Quality Certification) certified not once, not twice, but thrice, with the prestigious CQW mark. The STQC certification is issued by MeitY (Ministry of Electronics and Information Technology), Government of India, and is one of the toughest audits for any eVoting platform to pass. It verifies that the platform meets the highest standards of software accuracy, reliability, security and data integrity. Being STQC Certified with CQW Mark means Right2Vote is a Certified Quality Website (Level 2), ensuring every voter interaction, data exchange, and result computation meets government-grade standards of security and transparency. This is not just a paper certificate. It’s a badge of trust, representing years of continuous improvement, robust security practices and flawless execution. ISO 27001 Certification: The Global Security Benchmark Right2Vote is also ISO 27001 Certified, an internationally recognised standard for information security management systems. This certification ensures that data confidentiality, integrity, and availability are maintained at all times. From encryption protocols to access controls and disaster recovery mechanisms, every element of Right2Vote’s architecture complies with global security standards, the same benchmarks used by top banks and multinational corporations. MCA Approval: Legally Recognised for Elections Right2Vote is approved by the Ministry of Corporate Affairs (MCA), Government of India, for conducting elections. This legal recognition makes it the only fully compliant and government-approved eVoting platform for formal and statutory elections, including those under the Insolvency and Bankruptcy Code (IBC), Company Act elections, and association elections. In a country where digital trust is still evolving, being MCA-approved means Right2Vote isn’t just secure, it's legally credible. CERT-IN Empanelled Audit: Cybersecurity at Its Best Right2Vote is also audited by CERT-IN empanelled cybersecurity agencies, ensuring its network and application infrastructure are secure from vulnerabilities. These audits include: • Vulnerability Assessment and Penetration Testing (VAPT) • Application Security Audit • Cloud Server Vulnerability Assessment Every audit ensures that the platform’s cloud environment, databases and APIs are shielded against the latest cyber threats, giving clients full confidence that their elections are protected by government-grade cybersecurity. Beyond Voting: Smart Features That Redefine Digital Elections Right2Vote has not only solved the logistical problem of physical voting but also added layers of innovation that make the voting experience transparent, convenient, and verifiable. 1. AI Face Detection & Voter Selfie This unique feature ensures that the person casting the vote is the actual registered voter. Using advanced AI-based facial recognition and voter selfies, Right2Vote eliminates impersonation, bringing biometric-level authenticity to online elections. 2. Secret Ballot and Audit Trail Every vote remains confidential while maintaining a complete digital audit trail. This allows administrators to verify the integrity of results without compromising voter privacy. 3. Instant Result Calculation Forget manual counting. Right2Vote automatically tabulates results instantly and accurately, eliminating human errors or manipulation. 4. Voter Receipt and Team/Board Voting Each voter receives a secure receipt after casting their vote. The system also allows voting on multiple items in elections in a single session. This feature is very helpful for board meeting voting, committee elections, and association elections. 5. 24/7 Support and Cloud-Based Reliability Right2Vote’s cloud-based architecture ensures smooth voting even under heavy load. With 24x7 customer support, administrators and voters get instant help whenever needed. Case Study: Indian Cultural Centre (ICC) Doha, Qatar A shining example of Right2Vote’s global reach and credibility is the Indian Cultural Centre (ICC), Qatar election. The election was conducted using Right2Vote’s platform, integrating advanced features like Voter Selfie. The election was completed flawlessly, with record participation and zero disputes, setting a global example for how technology can unite communities beyond borders. And this is just one example. Right2Vote has been associated with over 1200+ associations in India and abroad, including embassies, NRI organisations and professional bodies. Why Right2Vote Is the Best Choice for Association Elections in India From resident welfare associations (RWAs) to national medical bodies, Right2Vote has become the first choice for associations that value transparency, simplicity and legal compliance. The platform’s user-friendly interface, combined with affordable pricing and iron-clad security, makes it perfect for associations of any size. Whether it’s a small housing society in any city or a national-level medical federation, every voter can participate securely from their phone, laptop or tablet. Right2Vote’s core features are secret ballot, audit trail, voter receipt, instant result calculation, and multi-post elections, making it a complete digital election solution trusted across India. Trusted by Housing Societies and Cooperative Bodies Across India In India, housing societies, cooperative societies, and resident welfare associations (RWAs) have embraced Right2Vote as their go-to eVoting platform. The reason? Ease of use, transparency, and cost-effectiveness. Residents can vote securely from home, results are instant, and there’s no chance of manipulation. Society administrators save days of manual work while ensuring fairness and participation. From Mumbai to Kolkata, Bangalore to Delhi, Right2Vote has become synonymous with smart, paperless, and trustworthy society elections. Why NRI Associations Trust Right2Vote For Non-Resident Indian (NRI) associations, Right2Vote is a game-changer. It eliminates geographical barriers, allowing members from across continents to participate in their organisation’s elections securely and conveniently. Certified by STQC and MeitY, and approved by the MCA, Right2Vote provides end-to-end encryption, multiple-factor authentication, geo-tagging, and detailed audit trails, ensuring 100% transparency. Organisations like the Embassy of India (Doha), Qatar Tamizhar Sangam, Indian Business Alliance (Russia), Arcadia Community Centre (UK), Telugu Association of Australia etc. have successfully used Right2Vote to conduct global-scale elections. This international trust shows that Right2Vote’s technology isn’t just India’s best; it is globally respected. Right2Vote: The Preferred Platform for Medical Associations Medical associations and professional medical bodies across India consistently choose Right2Vote for their elections, from selecting Presidents and Vice Presidents to Board Members. The platform supports team or board elections, ensuring multiple positions can be contested in a single, seamless session. Doctors and healthcare professionals, often pressed for time, can vote securely from anywhere, using any device. With its cloud-based, mobile-friendly interface, STQC certification, ISO security, and CERT-IN audited systems, Right2Vote guarantees smooth, transparent, and tamper-proof elections. Add 24x7 customer support and real-time monitoring, and it’s clear why the medical community trusts Right2Vote above all. India’s Best eVoting Platform for IBC Cases Right2Vote is also India’s most trusted and government-approved eVoting platform for IBC (Insolvency and Bankruptcy Code) cases. Certified by STQC (MeitY) and approved by the MCA, it’s trusted by over 800 Insolvency Professionals (IPs) and leading firms like PwC, EY, KPMG, Deloitte and Alvarez & Marsal. Designed for IBC-specific needs, the platform offers: • Weighted voting • OTP-based secure login • Automatic result computation based on vote share • Full admin control and real-time tracking • Instant results in PDF and Excel format Right2Vote also integrates video conferencing and eAuction services, offering a one-stop digital governance solution. With its robust infrastructure and government validation, it’s no surprise that Right2Vote is the No. 1 eVoting platform for IBC cases in India. Why Right2Vote Is Not Just India’s Best, But the World’s Best eVoting Platform Right2Vote isn’t just another tech company. It’s a mission-driven platform designed to strengthen democracy, one secure vote at a time. What sets it apart globally is its unique combination of: • Government-certified security (STQC, ISO 27001, CERT-IN, MCA) • Proven reliability (20,500+ elections conducted) • Global reach (1200+ associations worldwide) • Innovative trust-building features (AI-face Detection, Voter-selfie, audit trails) • Affordable pricing and dedicated customer support While many platforms claim to make online voting easy, Right2Vote makes it trustworthy. It blends technology, transparency, and trust, the three pillars of a true democracy. Conclusion: Right2Vote The Future of Digital Democracy In a world where democracy increasingly depends on technology, trust is the new currency. Right2Vote has earned that trust not through marketing, but through years of consistent performance, government certifications and technological innovation. Whether it’s a housing society voting, an association election, an NRI association poll, or an IBC case involving corporate creditors, Right2Vote delivers secure, compliant and transparent elections every single time. That’s why today, Right2Vote isn’t just India’s No. 1 eVoting platform, it's the world’s most trusted and advanced online voting technology service provider. (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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