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    Govt to introduce bill in Lok Sabha to broaden NCDC's mandate for co-operative sector growth
    AAP govt indulged in large-scale financial irregularities, caused losses to exchequer: Delhi minister
    ED files chargesheets in 2 PMLA cases against Anil Ambani Group companies, ex-executives
    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
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    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
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    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.

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      DeepSnitch AI Complete Guide: Price Prediction, Last News, Where to Buy, & Launch Date

      November 15, 2025

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      European countries are starting to invest in Bitcoin, with the Czech Republic and Luxembourg leading the way. This type of news is extremely bullish for the market, showing that sooner or later, Bitcoin will finally have global adoption. Deepsnitch AI became a huge hype after its network went live. Although this project is still in presale, users were able to test and see that the product is real, putting an end to any fake news about it being a scam. The presale numbers keep rising (raised over $520,000 and price surged 50%), placing this project on the list of next crypto with 100x potential.

      European countries are starting to invest in Bitcoin The Central Bank of the Czech Republic just bought Bitcoin for the first time in history. The announcement was made on November 13th. Although this first purchase is a "small" amount (only 1 million dollars), what it represents is something big for the market.

      The Czech Republic is a respectable member of the European Union, a member of the OECD, and has a conservative central bank. To justify the investment, they published a technical analysis explaining why they bought BTC along with the announcement.

      On the same day, the finance minister of Luxembourg (another member country of the European Union) said he is confident that soon other countries will follow Luxembourg's example, which has already converted 1% of its sovereign wealth fund into BTC.

      Although they are two small countries, their initiative could trigger a "domino effect," inspiring other countries to also start investing in Bitcoin. One by one, more countries may begin to join the list, creating a kind of "global FOMO" among countries.

      President Trump has spoken several times about creating a "Bitcoin Strategic Reserve" in the US. At this point, it seems that mass adoption of Bitcoin is inevitable, and sooner or later, all countries will adopt the practice of placing some of their reserves in BTC.

      DeepSnitch AI overview: A hidden gem with 100x potential DeepSnitch AI is an artificial intelligence project that will help traders improve their performance and protect their portfolios by providing the best market information.

      It will feature a platform with five AI agents, each responsible for an on-chain function: monitoring data, scanning contracts and rug pulls, tracking trending coins, whale wallet movements, insider transactions, and more. All collected information will be processed and sent in real time directly to users' Telegram channels.

      Recently, the project was audited by important crypto market companies (like Coinsult and SolidProof), validating its transparency and confirming that it is a safe project to invest in. This ended any narrative that DeepSnitch AI could be some kind of scam.

      While many people have been wondering where to buy DSNT, the project advises avoiding scams and only making purchases through its official website: www.deepsnitch.ai To buy, access the official website and follow the step-by-step guide. Connect your wallet, select the network, enter the amount, and confirm the transaction. You can purchase using cryptocurrencies such as USDT, USDC, ETH, BNB, and SOL. Or, if you prefer, you can also purchase using a credit card.

      After investing in the presale, you can stake your DSNT tokens to earn passive rewards. The project is currently offering an APY projection of approximately 79% (which gives 0.22% daily returns). While the token price today is only $0.02289, investing $100 and staking it would turn your investment into $179 in a year.

      The community continues to speculate on what the DeepSnitch AI price prediction could be. Considering it's an AI project within a sector that is expected to grow 25x by 2030, this could help propel DSNT even more. So if DeepSnitch AI increases by 4x (a very conservative number) but the entire sector grows by 25x, that would make it a potential crypto to 100x.

      https://youtu.be/0T3Plf8_-XY?si=GYAx7CdFwbPNg2uo Bitcoin sentiment is as bad as it was at the 2022 FTX lows According to Glassnode, current market sentiment regarding Bitcoin is at its lowest point, not seen this low since 2022. At that time, sentiment plummeted after the collapse of FTX, dragging the entire crypto market down. But if there were reasons to be bearish back then, today it seems the story is the opposite.

      The US government announced the end of the shutdown, countries like the Czech Republic are buying BTC, there are several ETFs, Trump wants to create a strategic reserve, and laws and regulations have been approved. It seems there are plenty of reasons to be bullish, but the price continues to fall.

      Although the price of Bitcoin fell below $100,000 on November 13th, analysts remain confident, explaining that this is just a period of distribution and accumulation, something healthy and necessary for the asset to start rising again by the end of 2025.

      Ethereum is now more scarce on exchanges than Bitcoin An improbable event occurred on November 13th, when the supply of ETH on exchanges reached an all-time low, making Ethereum a scarcer asset than Bitcoin for the first time.

      Some reasons that may explain this event are, for example, the Ethereum 2.0 staking model and the pressure of ETH burns via EIP-1559 (this burning over 3 million ETH per year, which means it removes tokens from circulation).

      Events like this can favor what the market calls "shock supply”. This is when an asset has fewer tokens available for sale than buyer demand requires, and usually causes the price of assets to rise. With less ETH on exchanges, all it would take is just some trigger or some news for Ethereum to explode again.

      Conclusion Market sentiment regarding Bitcoin is bearish, but all data and news point to the contrary. Ethereum may be preparing to undergo a supply shock and see its price skyrocket.

      DeepSnitch AI presale is currently trending, with live network activity and investors starting FOMO. The project doesn't yet have an official launch date, but estimates indicate it should happen in January 2026, or when the 15 stages are complete and all targets are raised.

      Right now, presale is on stage 2, at a low price of just $0.02289. It’s the perfect entry to buy cheap and secure a position in a project with the best AI tool with the potential to 100x.

      Visit the official website for more information, and join X and Telegram for community updates.

      FAQs 1. Where to buy DeepSnitch AI (DSNT) and invest in this presale? The only website to buy DSNT tokens and invest in this project is through its official website: www.deepsnitch.ai. Simply connect your wallet, choose the network, and complete the transaction using crypto (USDT, USDC, ETH, BNB, or SOL) or a credit card. Avoid third-party sites to prevent scams.

      2. Is DeepSnitch AI a scam? No, DeepSnitch AI is a legitimate and fully audited project. It has been independently verified by trusted crypto auditing companies such as Coinsult and SolidProof, ensuring transparency, safety, and authenticity for all investors.

      3. What is the price prediction for DeepSnitch AI? The community sees strong potential for DSNT. Since the AI crypto sector is expected to grow 25x by 2030, even a modest 4x increase for DeepSnitch AI could lead to a 100x in the long run, making it one of the most promising AI-based crypto projects to buy now.

      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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