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    Rupee loses 7 paise to settle at 95.95 against US dollar
    Wizz Financial collaborates with City Union Bank to Unveil 'Wizz Voyager', the Ultimate Smart Travel Card
    Finnable Appoints Sreeram Iyer, Former Global COO at ANZ Banking Group's Corporate and Institutional Business, to its Board of Directors
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September 16, 2026
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Rupee depreciation reflected dollar strength, foreign outflows, elevated oil prices, and importer demand despite stronger domestic equities.
Foreign-exchange market conditions resulted in the rupee weakening for a seventh consecutive session and closing lower against the US dollar. Dollar strength, foreign fund outflows, elevated crude oil prices, higher US Treasury yields and increased importer demand for dollars exerted pressure on the currency. Positive domestic equity-market performance limited the downside, while expectations of a US Federal Reserve interest-rate increase supported the dollar index.
September 16, 2026
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Multi-currency prepaid travel cards enable foreign-exchange spending, exchange-rate locking, and mobile-based controls for Indian international travellers.
Wizzmoni Financial Services Ltd. and City Union Bank Ltd. have partnered to launch Wizz Voyager, a co-branded AI-powered multi-currency prepaid travel card for Indian residents undertaking international travel. The card supports 37 international currencies and provides real-time exchange-rate locking, spending controls, transaction tracking and mobile-app-based management. It is designed to facilitate foreign-exchange spending and management of multiple currencies through a single payment instrument.
September 16, 2026
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Non-executive nominee directorship strengthens lending governance, compliance, risk management and technology-led capability as the business scales responsibly.
Finnable has appointed Sreeram Ranganathan Iyer as a Non-Executive Nominee Director representing investor TVS Capital. The role is intended to strengthen board oversight as the non-banking financial company expands its lending operations. The identified priorities for sustainable growth include technology, compliance, governance, risk management, responsible lending, and data-driven underwriting. The nominee directorship reflects investor participation in governance and capability-building for a sustainable lending franchise.
September 16, 2026
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Money laundering investigation addresses alleged land grabbing through forged property records, fabricated claims, coercion, and denial of landowners' rights.
Money-laundering proceedings under the Prevention of Money Laundering Act concern alleged land grabbing through forged board resolutions, forged-sale agreements, fabricated deeds, and falsified property records. The alleged conduct includes manipulation of land records, civil proceedings based on false claims, denial of landowners' lawful entitlements, and threats or physical force against persons asserting legitimate rights. The investigation is linked to multiple police FIRs concerning the individual and associated entities.
September 16, 2026
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Trade performance estimates show merchandise and services exports increasing while imports rise, widening the cumulative trade deficit.
External trade estimates for April-August 2026-27 show combined merchandise and services exports of US$399.27 billion and imports of US$459.65 billion, with a trade deficit of US$60.38 billion. Merchandise exports reached US$215.91 billion, while services exports were estimated at US$183.36 billion. Non-petroleum exports increased to US$180.61 billion. Growth in August merchandise exports was driven by electronic goods, petroleum products, engineering goods, chemicals, and cotton yarn, fabrics, made-ups and handloom products. Services-sector figures for August were estimated using data available through July.
September 16, 2026
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Rupee depreciation amid dollar strength and foreign fund outflows highlights pressure from global monetary expectations and elevated oil prices.
Rupee depreciation against the US dollar in early trading reflected pressure from a stronger dollar and net foreign fund outflows, notwithstanding support from positive domestic equity-market performance. Dollar strength was associated with market expectations of a US Federal Reserve interest-rate increase to address inflation linked to higher oil prices. Elevated crude oil prices and risks to oil exports remained concerns, while domestic equity gains provided countervailing support.
September 16, 2026
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Fraudulent input tax credit through bogus invoices prompted arrest following allegations of invoicing without actual supply of goods.
The investigation concerned alleged fraudulent availment and passing on of inadmissible input tax credit through bogus invoices. Multiple suppliers were identified as non-existent, non-functional, suspended or cancelled, while field verification indicated an absence of genuine business activity at certain declared premises. Input tax credit was allegedly availed without receipt of goods and passed on through invoices without corresponding supplies. Statements recorded during investigation led to the arrest of a firm partner under the CGST Act.
September 16, 2026
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UPI merchant discount rate framework preserves free individual and small-merchant payments while charging specified larger merchant transactions.
UPI person-to-person transactions remain free irrespective of value, and person-to-merchant payments up to Rs.2,000 remain outside the merchant discount rate framework. Small merchants receiving qualifying UPI QR payments under the P2PM category continue to receive zero MDR treatment. MDR applies only to specified merchant payments above the threshold, with separate treatment for essential sectors and capital-market payments. Customers are not liable for MDR, merchants must not pass it on, and UPI application providers may not levy platform fees or hidden charges. MDR revenue supports payment ecosystem participants and small-merchant UPI adoption.
September 15, 2026
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Merchant discount rate on large-value UPI merchant payments supports infrastructure investment while preserving free user payments.
Merchant Discount Rate (MDR) of 0.4 per cent applies to large-value UPI person-to-merchant payments exceeding Rs 2,000 from October 15. MDR is a merchant payment ecosystem charge, not a fee payable by customers. Person-to-person UPI payments remain free for users, while person-to-merchant UPI payments below Rs 2,000 remain free for merchants. MDR distribution is intended to support payment technology, infrastructure, acceptance networks and sustained UPI growth.
September 15, 2026
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Special economic zone approval enables a silicon carbide semiconductor facility operating under an export-oriented technology investment framework.
Approval for a special economic zone-linked silicon carbide semiconductor manufacturing unit permits establishment of a facility under the jurisdiction of Falta Special Economic Zone. The unit is proposed to manufacture silicon carbide diodes and silicon carbide MOSFETs. Project financing combines government capital subsidies and promoter contribution, while the facility is projected to support export-oriented advanced semiconductor manufacturing, domestic capabilities, and technology-driven capital investment.
September 15, 2026
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Merchandise trade performance reflects strong export momentum, import-led deficit pressures, and expanded services trade during August.
Merchandise exports increased by 26.12 per cent year-on-year to USD 43.81 billion in August, led by electronics, engineering goods and petroleum products. Merchandise imports rose 14.1 per cent to USD 70.76 billion, driven by crude oil, project goods, electronic items, silver, coal and coke. Gold imports declined substantially, contributing to a five-month low merchandise trade deficit. During April-August 2026-27, higher imports reflected domestic economic expansion, energy requirements and manufacturing-sector input needs.
September 15, 2026
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Foreign exchange market pressures weakened the rupee as oil-import demand, risk aversion, dollar strength, and rising yields intensified.
Foreign exchange market pressures led to a sixth consecutive session of rupee depreciation against the US dollar. Higher Brent crude prices, dollar demand from oil importers, risk aversion, a stronger dollar and elevated global Treasury yields heightened concerns over inflation and India's external trade balance. Potential RBI intervention was viewed as a factor that could support the rupee at lower levels.
September 15, 2026
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Merchant discount rates for larger merchant UPI payments introduce category-based fees while preserving free consumer transfers.
Merchant discount rate framework introduces a 0.4 per cent charge on direct person-to-merchant UPI payments exceeding Rs 2,000, effective from 15 October 2026. The charge is capped at Rs 300 for higher-value payments and is payable by merchants to acquiring banks. Person-to-person transfers remain free regardless of value, and P2M payments up to Rs 2,000 remain outside the charge. App providers may not impose platform fees or hidden charges, and banks must prevent merchants from passing MDR costs to customers.
September 15, 2026
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Insolvency fraud enforcement targets collusive resolutions, coordinated predicate-offence investigations, accelerated money-laundering trials, and earlier victim asset restoration.
Enforcement priorities target suspected insolvency-resolution frauds involving collusive large haircuts, promoter reacquisition of assets, related-party claim inflation, creditor-process manipulation, asset stripping, and circumvention of resolution-applicant ineligibility. Coordination with police and other agencies is emphasised for predicate offences, including joint investigation teams and committal applications to enable combined trials of predicate and money-laundering offences. Asset restoration for legitimate victims is to be pursued early, especially in investor and homebuyer frauds.
September 15, 2026
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Export expansion and domestic manufacturing guide JCB India's strategy through broader equipment offerings, fuel efficiency, and operator comfort.
JCB India targets 15-20 per cent export growth during the current financial year and plans a similar increase in annual production. Its export operations cover approximately 135 countries, including Southeast Asia, Africa and developed markets. The company's construction and earthmoving equipment portfolio is designed, engineered and manufactured in India for domestic and international customers, with product development focused on fuel efficiency, operator ergonomics, comfort and productivity.
September 15, 2026
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Merchandise export growth driven by petroleum products coincided with lower gold imports and a narrowing trade deficit.
Merchandise exports increased sharply in August, led by petroleum product shipments, while imports also rose year-on-year. Reduced gold imports contributed to a narrower merchandise trade deficit. During the first five months of the fiscal year, the cumulative deficit widened as higher imports reflected domestic expansion, energy requirements and manufacturing-input demand. Energy commodities and electronic goods were principal contributors to the deficit, while export growth was supported by engineering goods, petroleum products, chemicals and textiles.
September 15, 2026
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Bribery allegations in CGST redevelopment approvals lead to arrests following a trap involving an intermediary consultant.
Bribery allegations concerning CGST redevelopment approvals led to registration of a case against a CGST Superintendent and unknown persons. The Superintendent allegedly sought undue advantage for issuing a no-objection certificate and handing over CGST-owned flats. Following verification, a trap was laid after the complainant was allegedly directed to deliver cash to a CGST consultant. Both the Superintendent and consultant were arrested, produced before the competent court, and placed in police custody. Further investigation remains in progress.
September 15, 2026
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Financial technology innovation receives recognition across banking, payments, lending, insurance, wealth management, cybersecurity and digital trust.
Global Fintech Awards 2026 recognised financial-technology innovation across banking, fintech, artificial intelligence, digital trust and identity, payments, lending, insurance, wealth management and cybersecurity. Its theme emphasised trusted, connected and inclusive financial systems, identifying Agentic AI, tokenisation and quantum technologies as areas of transformation. AI-powered financial innovation recognition covered AI applications in payments, banking, lending, insurance, and asset or wealth management.
September 15, 2026
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Tokenised corporate bonds under the regulatory sandbox enable blockchain-based issuance and settlement experimentation for non-banking finance companies.
IIFL Finance completed a tokenised bond transaction under the SEBI Regulatory Sandbox framework for securities tokenisation. The transaction used the Metropolitan Stock Exchange of India bidding platform, with Trust Investment Advisors Private Limited as sole arranger and advisor, and the bonds are intended to be listed on the National Stock Exchange of India. Securities tokenisation digitally represents securities through blockchain and distributed ledger technology to support more efficient, transparent and faster debt-market processes.
September 15, 2026
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Commercial-vehicle safety readiness and connected fleet support underpin expanded regional operations, automated transmission adoption, and localized manufacturing investment.
BharatBenz's product transformation is directed toward safer, more productive and efficient commercial transport. The truck and bus portfolio is being prepared with Advanced Driver Assistance Systems calibrated to Indian operating conditions in advance of evolving safety requirements. Automated Manual Transmission technology is being expanded to improve driver comfort, reduce fatigue, support fleet safety and efficiency, and lower total cost of ownership. Customer support combines connected fleet technology, service assurance, parts availability and service-network expansion.

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Antara Senior Care, Cloudphysician Introduce AI-enabled Patient Management System to Strengthen Transition Care Outcomes

November 12, 2025

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Bangalore, Karnataka, India (NewsVoir) India’s leading holistic senior care ecosystem, Antara Senior Care, in collaboration with AI health-tech leader Cloudphysician, has introduced AI-enabled patient management at its Bannerghatta Transition Care facility in Bengaluru. The system provides 24X7 supervision to seniors undergoing post-hospitalisation recovery and rehabilitation, enabling faster response, reducing life-altering health risks. This marks the first phase of a broader rollout across Antara’s Care Homes in Chennai, Gurugram, and Noida, reinforcing its commitment to providing advanced, technology-led transition care services to India’s ageing population.

Strengthening care home capabilities with technology Powered by Cloudphysician’s advanced RADAR platform, Antara’s transition care facility now benefits from an always-on, AI-enabled patient management system that unifies live data from monitors, bedside observations, and clinical workflows into a single intelligent interface. By translating complex clinical data into actionable insights, RADAR will support seniors recovering from surgeries and/or acute illness through continuous oversight, early identification of complications, and adherence to evidence-based recovery protocols.

The platform enables seamless communication between on-ground care teams and Cloudphysician’s virtual team of critical care specialists, ensuring every patient receives expert attention, regardless of the hour or shift.

By reducing variability and human error, RADAR helps maintain a consistent, high standard of vigilance for seniors with intensive recuperation needs. This collaboration allows Antara to strengthen its transition care model with AI-driven precision and reliability, setting the foundation for a scalable, technology-enabled senior care ecosystem that delivers safer, faster recovery outcomes.

Talking about the partnership, Ishaan Khanna, CEO, Antara Assisted Care Services, said, “Structured post-acute transition care can cut 30-day hospital readmissions by up to ~35%. When powered by AI-enabled care management, transition care can further boost patient safety, reduce recovery costs, and improve efficiency, especially in preventing falls, cardiac events, stroke complications, dehydration, and dementia-related risks. Through AI-driven care management, Antara and Cloudphysician are setting a new standard for senior care in India—blending technology, clinical expertise, and compassion to protect seniors during their most vulnerable phase. This collaboration shows how intelligent technology can make care more consistent, equitable, and scalable for India’s growing elderly population.” Mandar Vaidya, CEO, Cloudphysician, said, “Technology is transforming senior care—shifting from reactive treatment to proactive, protocolised care powered by real-time data, collaboration, and continuous oversight. With AI-enabled care, intensivists can monitor patients in real time, guide bedside teams, and ensure timely interventions that enhance safety and recovery. Our technology and services have already impacted over 1,70,000 critically ill patients across India. Our partnership with Antara extends this next-generation model of care to seniors, where proactiveness matters most, whether for recovery from stroke, cardiac conditions, cancer treatment, post-operative rehabilitation, or palliative support.” India's senior population is projected to reach ~350 million by 2050, underscoring the urgency of enhancing age friendly care infrastructure. The demand for specialised senior care far exceeds supply. This gap is particularly acute in transition care—the critical phase when seniors recovering from stroke, heart attack, surgery, or an acute illness require intensive monitoring and rehabilitation support after getting discharged from the hospital. AI-enabled transition care systems can help bridge this gap by providing timely, expert supervision to seniors during crucial recovery periods, ensuring India's growing senior demographic receives the care they deserve.

Robust data security and patient privacy Cloudphysician’s AI enabled technology is built on stringent data protection protocols. Cloudphysician is HIPAA and ISO27001 certified, ensuring international standards for healthcare data security including encryption, access controls, and regular audits. Additionally, the Cloudphysician system is in compliance with the Digital Personal Data Protection Act 2023 with explicit patient consent obtained for all monitoring activities, giving patients the right to access, review, update, or erase their personal data.

To connect with Antara Care Homes, please contact: +919811441111.

About Antara Senior Care Launched in 2013, Antara is the senior-care business of Max India Limited, part of the $7-billion Max Group. It is an integrated ecosystem for senior care, operating in two main lines of business – Residences for Seniors and Assisted Care Services. Antara’s first senior residential community in Dehradun, comprising nearly 200 families, caters to their social, recreational, educational, wellness, and health-related needs. Its second senior living community in Noida’s Sector-150, with 340 apartments built in the first phase, is complete and ready for possession. Expanding its footprint in Gurugram, Antara has partnered with Max Estates to manage the senior living residences – dedicated spaces for senior living, and primary healthcare services at Estate 360 – Delhi-NCR's first intergenerational.

Antara’s Assisted Care Services include Care Homes, Memory Care Home, Care at Home and AGEasy. This line of business caters to seniors, who need more immersive interventions in their daily lives due to medical or age-related issues. With six facilities across Gurugram, Noida, Bengaluru and Chennai, Care Homes provide long-term care to seniors who require constant medical and nursing supervision, and short-term care services for the recuperation of seniors. Its Care at Home services, offered in Delhi-NCR, Bengaluru and Chennai, provide well-equipped, trained professionals offering care to seniors inside their home’s comfort. AGEasy, an online and offline store, focuses on senior-specific products and solutions to manage chronic health conditions at home. Website: www.antaraseniorcare.com About Cloudphysician Cloudphysician was founded by Dr. Dhruv Joshi and Dr. Dileep Raman, both pulmonary and critical care physicians trained at the Cleveland Clinic, with a powerful vision: to merge deep clinical expertise with groundbreaking AI technology to pioneer autonomous patient care.

We understand the daily challenges faced by healthcare providers and envision autonomous systems enhancing care delivery—empowering clinicians to focus on empathy, compassion, and human connection—while equipping them with real-time intelligence for proactive interventions, heightened patient safety, and superior clinical outcomes everywhere and for everyone.

At Cloudphysician, we use AI-driven video intelligence to transform inpatient care, targeting the most pressing hospital needs today: ensuring patient safety, addressing workforce shortages, and protecting revenue through better quality and compliance.

Our Smart-ICU technology platform, RADAR, integrates real-time computer vision and AI to optimize care delivery, and has already impacted over 170,000 critically ill patients across 250+ hospitals. A dedicated clinical team based in India oversees patient care, ensuring seamless integration of AI-driven insights with frontline medical expertise.

As hospitals worldwide move toward equipping inpatient rooms with video cameras as the new standard, Cloudphysician is at the forefront as the intelligence layer behind these devices. Website: www.cloudphysician.ai (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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