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    RJD criticises UDF govt's move not to disburse pensions through cooperative banks
    Raymond Limited reports a healthy Q1 FY27 performance
    Why Most People Choose the Wrong Savings Account And How Not to Be One of Them
    RBI has proactively helped UCBs; cooperatives should look at regulator differently: Shah
    Ministry of Agriculture, Food and Rural Affairs and aT Host '2026 K-Food Fair in New Delhi, India'
    No compromise on tackling illegal immigrants' issue: Minister Priyank Kharge
    Technology, transparency key for urban cooperative banks to stay competitive: Shah
    Paul Merchants Gets RBI Approval for Perpetual AD Category-II Licence Under Revised FEMA Framework
    IEPFA Organises Stakeholder Engagement with Nodal Officers of Companies on Integrated IEPFA Portal 2.0
    Rupee settles with 5 paise gain at 95.17 against US dollar
    India weathered Hormuz disruption without fuel shortages: Puri
    RBI invites public comments on the draft Directions on ‘Credit Valuation Adjustment (CVA) Framework’
    RBI invites comments on the draft “Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Eleventh Amendment Directions, ...
    87 Proposals Received under BHAVYA Scheme during First Round of Phase-I
    India successfully concludes the 16th BRICS Trade Ministers' Meeting in Jaipur under its BRICS Chairship 2026
    GeM Completes a Decade of Transforming Public Procurement with Cumulative GMV Exceeding ₹20 Lakh Crore
    NEWS HIGHLIGHTS
    India's forex kitty swells by USD 10.5 bn to USD 692.87 bn
    Rs 5,000 cr credited to 6.22 lakh Maharashtra farmers so far under loan waiver scheme: Fadnavis
    SBI Life and J&K Bank partner to bring comprehensive life insurance solutions closer to families across India
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    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.
    August 7, 2026
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    Multilateral trade cooperation preserves developing economies' policy space while advancing MSME finance, diversified value chains and digital services.
    BRICS ministers adopted measures supporting a development-centred multilateral trading system with the World Trade Organization at its core, preservation of Special and Differential Treatment, binding two-tier dispute settlement, and developing economies' policy space for food security and public stockholding. MSME measures include study of an invoice discounting mechanism and credit-assessment principles focused on cash flow rather than collateral. Value-chain measures provide for a GVC Action Plan, technical cooperation, Special Economic Zone cooperation and digitised trade documents, alongside principles for trusted cross-border digitally delivered services.
    August 7, 2026
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    Digital public procurement promotes transparent sourcing, reduced seller charges, competition monitoring and evidence-based spending oversight through an integrated marketplace.
    Government e-Marketplace digitises public procurement through a unified platform promoting transparency, efficiency, good governance and wider supplier participation. Seller-facing measures include reduced transaction charges, exemption of smaller orders, a cap on maximum transaction fees and reduced vendor assessment fees. The platform uses Artificial Intelligence and Machine Learning tools to identify suspected cartelisation, collusion and order splitting, while its digital transactional trail supports expenditure monitoring, identification of inefficiencies and evidence-based policy interventions.
    August 7, 2026
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    Criminal justice, extremist-material regulation and administrative schemes feature in reports on prosecutions, demolition practices, loan waivers and fuel policy.
    Criminal justice reports cover bail and an expedited trial in an assault prosecution, arrest for allegedly sheltering an accused, allegations of rape and murder of a minor, and claimed irregularities in a police recruitment examination. Regulatory developments include a ban on extremist literature associated with proscribed organisations and judicial disapproval of coercive demolition. Administrative coverage includes farmer loan-waiver transfers following Aadhaar authentication and debate over the E20 fuel-blending programme.
    August 7, 2026
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    Foreign exchange reserves rose as foreign currency assets, gold holdings, Special Drawing Rights and IMF reserve position increased.
    India's foreign exchange reserves increased during the week ended July 31, principally because of higher foreign currency assets and gold reserves. Foreign currency assets include US dollar valuation effects arising from movements in currencies such as the euro, pound and yen. Special Drawing Rights and India's reserve position with the International Monetary Fund also increased. The movement followed measures to attract foreign exchange inflows, including an FCNR(B) measure, after earlier reserve declines associated with rupee pressure and dollar sales for foreign exchange market intervention.
    August 7, 2026
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    Farm loan waiver eligibility depends on verified beneficiary status and Aadhaar authentication for direct credit of eligible crop-loan relief.
    The farm loan waiver scheme covers eligible short-term crop loans within the prescribed ceiling and eligibility period. Waiver amounts are credited to verified bank accounts after field verification and completion of Aadhaar authentication. Aadhaar authentication is the operative condition for automatic processing of benefits, while eligibility rules and technical conditions have raised concerns about exclusion of distressed farmers.
    August 7, 2026
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    Corporate agency distribution expands access to life insurance products, supporting insurance awareness, financial inclusion and long-term household financial protection.
    A corporate agency arrangement enables J&K Bank to distribute SBI Life Insurance protection, savings, retirement and child-oriented life insurance plans through its branch network. The partnership aims to improve insurance access, awareness, financial literacy and long-term financial planning for households, particularly in Jammu & Kashmir and Ladakh. It is intended to expand insurance penetration, strengthen household financial protection and support financial inclusion in line with the IRDAI vision of "Insurance for All by 2047".

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      Best Crypto to Buy Now: DeepSnitch AI ($DSNT) Joins ZEC and DASH with 50% Gains

      November 12, 2025

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      The crypto market has taken a strange turn this quarter. Giants like Bitcoin and Ethereum have lost some shine. And more user-focused projects, DeepSnitch AI ($DSNT), Zcash (ZEC), and Dash (DASH) are trending higher and higher. Zcash and Dash are already pulling back after their latest rallies that stunned the market. But DeepSnitch AI seems to be only warming up to lead the next bull run. And since it combines AI, DeFi, and blockchain surveillance, DeepSnitch AI has already gained enough popularity to be considered the best crypto to buy now.

      Privacy coins jump shows renewed push for retail power Bitcoin and Ethereum still set the market tone. But they’ve been moving sideways lately, dragging much of the market with them. And there’s something interesting happening in parallel. The projects rising fastest now are the ones that give retail traders more control.

      That’s why privacy coins have staged one of the most spectacular comebacks of the cycle. According to Artemis data, the sector has jumped 317% in fully diluted market cap this year. And it has gone far ahead of Bitcoin or Ethereum.

      Dash and Zcash have become symbols of this rise of privacy coins. Their rallies in Q4 only go on to show a renewed hunger for decentralization that benefits individuals more than institutions.

      Governments are tightening crypto surveillance. Whales are still dominating the flow of information. And retail traders want power back in their hands. Privacy, speed, and intelligence are the new trading weapons. Interestingly, DeepSnitch AI is a new platform where traders can find all three in one place.

      The popular presale project comes with AI-driven agents that can turn data into insights. They watch the same whales, social trends, and wallets that move markets, but this time for you. And this exact theme is the force behind DeepSnitch AI’s growing adoption across the globe.

      3 cryptos to buy now for the 2026 bull run 1. DeepSnitch AI ($DSNT) Every time the market changes course, one problem keeps resurfacing: information asymmetry. Whales trade faster because they see signals the public never does. DeepSnitch AI was designed around that gap.

      DeepSnitch AI gathers traces from blockchains, Telegram groups, and social media to map how money and sentiment actually move. All of this so that you can prepare for what comes next.

      Each of its five AI agents performs a different task. One filters wallet flows. Another audits new contracts. And the other scans for mood flips across alpha groups. Together, they create a live picture of what the market is thinking before prices react.

      That’s what makes DeepSnitch AI relevant in the post-privacy boom narrative. After Zcash and Dash reminded traders of autonomy, DeepSnitch AI takes the idea a step further by giving them visibility.

      And its pitch for visibility in a fast-changing market seems to be a hit among traders and investors. The DeepSnitch AI presale has already raised more than $507K. And the DSNT coins price in Stage 2 now stands at only $0.02244.

      While the presale coin is still low, the supply is running out faster than expected. Stage 3 is about to kick off, and some now call DSNT the next 300x coin and possibly the best crypto to buy now.

      https://youtu.be/0T3Plf8_-XY?si=GYAx7CdFwbPNg2uo Unlike crypto giants, crypto presales always come with lower caps and immense room for growth. And while DASH and ZEC might be running out of momentum after short sprints, DSNT is only warming up for its 300x move.

      And this means if you put just $500 in the DeepSnitch AI presale, it could potentially turn into $150,000 once DSNT launches on exchanges.

      2. Zcash (ZEC) Zcash has jumped right back into the spotlight after months of silence. The privacy coin climbed from $204 to $744 in the past month before cooling to $637, according to TradingView.

      This price jump seems to have been driven by a renewed demand for privacy. According to a CoinDesk report, nearly 20% of ZEC’s supply now sits in shielded addresses. And that’s a solid sign that traders are moving funds off the grid.

      That rush toward discretion has been good for price but also drawn profit-taking from whales. A wallet linked to the so-called “Barron Trump” account reportedly unloaded millions in ZEC after a 200x run.

      But market analysts like Ardi still see the pullback as part of a larger Elliott Wave setup. The analyst appears confident that Zcash still has some momentum left that could push the privacy coin price near $800.

      Zcash’s rally shows investors want freedom and control again. But in a market now defined by data, traders (and investors) are also looking beyond privacy to intelligence. And that’s a front where DeepSnitch AI appears to be winning as the best crypto to buy now due to its solid use cases.

      3. Dash (DASH) From just $31 a month ago to $149 before cooling at $87, the price move reminded traders why Dash still commands respect in the privacy corner of crypto.

      The catalyst came straight from its listing on Aster, a decentralized perpetual exchange offering 5x leveraged DASH trading. This was a major development for DASH that immediately boosted liquidity and volume. But the quick price climb was not immune to whales taking profits. The DASH price is now heading toward the $80 mark.

      Analyst Eco Nomad sees the pullback as a pause, not a peak. The analyst’s technical model still points toward a climb to $300. But he expects a short-term dip to the $80 range before momentum builds once again.

      That analysis fits the broader market mood. Privacy coins are back, but they’re facing heavier resistance with each move up on the charts. And in such scenarios, attention naturally moves to projects that evolve faster.

      It’s now safe to say that if privacy defined the last rally, intelligence may define the next bull run. And with its five AI agents, DeepSnitch AI could be the leader once the bull returns. That’s why some now believe DSNT could potentially be the best crypto to buy now.

      Final verdict Privacy coins have proven they’re not relics of the past. Zcash and Dash both are proof that there’s still strong demand for freedom and control in crypto. But the market is changing faster than ever. Traders now want more than privacy. They want foresight. That’s why DeepSnitch AI stands out as the best crypto to buy now.

      DeepSnitch AI doesn’t hide data. In fact, it turns it into an advantage for you to stay a step ahead even in bear markets. With a lower market cap and 300x price pump potential, DSNT has been tipped as the best crypto to buy now.

      But the presale supply could soon run out. And now is the perfect time for you to join and catch life-changing gains early.

      Visit the official website for the latest price, and join X and Telegram for community updates.

      FAQs 1. What is the best crypto to buy in 2025? With a presale that has already raised over $507K in just a few weeks, DeepSnitch AI stands as the best crypto to buy in 2025.

      2. Is DeepSnitch AI a good pick for the next bull run? Many believe so. Its growth model and innovative AI tools make it one of the best cryptos to buy now before the next bull run.

      3. Why are investors calling DeepSnitch AI the next big crypto? That’s because DeepSnitch AI combines AI, DeFi, and market surveillance to give everyday traders and investors insights once reserved for whales.

      Disclaimer: Trading cryptocurrencies carries a high level of risk, and may not be suitable for all investors. You should be aware of all the risks associated with cryptocurrency trading, and seek advice from an independent financial advisor. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The website or its publishers will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

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

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