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    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
    DRI intensifies vigil along India's North-Eastern Frontier
    Vijayan slams Kerala govt's move to end doorstep pension delivery through cooperative banks
    Kerala to stop welfare pension delivery through cooperative banks, shifts to DBT
    China's exports slow slightly in July despite robust demand for high-tech products
    India successfully concludes the Tenth BRICS Industry Ministers' Meeting in Jaipur under its BRICS Chairship 2026
    APEDA Organises BIOFACH INDIA 2026 to Promote India's Certified Organic Products and Expand Global Market Access
    RBI bars banks from disabling mobile devices of defaulting borrowers
    Par panel for early conclusion of India-US trade pact, tariff exemptions on key goods
    No commitments relating to ethanol import from US for fuel blending under FTA talks: Govt
    No concession or commitment on import of Ethanol for fuel blending from the United States
    Office of the Controller General of Patents, Designs and Trade Marks Announces Tentative Schedule for Patent and Trade Marks Agent Examinations 2027 a...
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    August 7, 2026
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    Credit valuation adjustment framework revises derivative capital requirements through flexible basic approaches, hedge recognition, and risk-sensitive counterparty treatment.
    Credit Valuation Adjustment framework revisions align CVA capital treatment with final Basel III standards. Eligible banks may use the full or reduced basic approach, while banks with an insignificant volume of non-centrally cleared derivatives may calculate their CVA capital charge at 100 per cent of the counterparty credit risk capital charge. The draft also clarifies CVA hedge recognition, introduces risk weights sensitive to sector and credit quality, and separates systematic and idiosyncratic CVA risk in the full basic approach.
    August 7, 2026
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    Leverage ratio framework amendments propose Basel-aligned capital adequacy standards, with public feedback invited on the draft directions.
    Proposed amendments to the leverage ratio framework would revise Chapter VII of the 2025 Commercial Banks Prudential Norms on Capital Adequacy Directions to implement the Basel Committee's Leverage Ratio 2017 Standard. Public comments and feedback on the draft Eleventh Amendment Directions, 2026, are invited until August 28, 2026, through the designated online platform, postal submission, or email.
    August 7, 2026
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    BHAVYA Scheme project selection uses challenge-based evaluation of infrastructure, industrial ecosystems, and policy enablers under prescribed eligibility criteria.
    BHAVYA Scheme Phase-I proposals submitted by State and Union Territory governments will be evaluated and scored under prescribed eligibility and evaluation criteria. Challenge-based project selection considers connectivity and site suitability, quality of core, value-added and social infrastructure in the detailed project report, and the industrial ecosystem and policy enablers. The Scheme guidelines provide for completion of the first-phase selection process within one year from notification.
    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".
    August 7, 2026
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    Cross-border smuggling controls target narcotics, poppy seeds and areca nuts entering through the Indo-Myanmar border region.
    Cross-border smuggling enforcement targeted methamphetamine, foreign-origin poppy seeds and areca nuts allegedly brought from Myanmar. Methamphetamine concealed in an ambulance was seized under the NDPS Act, 1985. Poppy seeds and areca nuts recovered in separate operations were seized under the Customs Act, 1962. Poppy-seed imports are restricted to designated countries and require registration to ensure traceability and prevent illicit produce entering legitimate supply chains. The enforcement action addresses circumvention of customs controls and regulated import requirements.
    August 7, 2026
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    Direct benefit transfer for welfare pensions replaces cooperative-bank doorstep delivery, while retaining limited home service for excluded beneficiaries.
    Direct Benefit Transfer for social security and welfare pensions is to be made through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep delivery. Home delivery remains available for bedridden persons and others who cannot be excluded. The change is associated with delays in remitting undistributed amounts, record-update failures, reconciliation issues, duplicate payments, and incomplete Aadhaar-based payment implementation. Concerns have been raised that mandatory bank-account credit may disadvantage beneficiaries dependent on doorstep delivery.
    August 7, 2026
    Show AI Summary
    Direct Benefit Transfer for welfare pensions replaces doorstep cooperative-bank delivery, while home delivery remains for bedridden beneficiaries.
    Direct Benefit Transfer of social security and welfare pensions is to be made mandatory through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep distribution. Home delivery continues for completely bedridden beneficiaries and others who cannot be excluded. The change addresses delays in remitting undistributed amounts, record-update and reconciliation deficiencies, duplicate payments linked to incomplete Aadhaar-based payments, delivery incentive costs, and the need to comply with Direct Benefit Transfer norms to avoid loss of central financial assistance.
    August 7, 2026
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    Customs trade data show moderating July growth while high-technology exports, vehicles and advanced manufacturing supplies remain strongly supported.
    Customs and trade data showed that China's July export and import growth moderated and its trade surplus narrowed from the preceding month. Typhoon-related port disruptions affected trade flows, but demand for electronics and green technology products supported elevated values. High-technology items, vehicles, electronics and machinery recorded strong January-July export growth, while trade performance varied among the United States, the European Union and Southeast Asia.
    August 7, 2026
    Show AI Summary
    BRICS industrial cooperation advances MSME, photovoltaic, startup and logistics frameworks alongside resilient trade and digital services collaboration.
    BRICS industrial cooperation under PartNIR was strengthened through a Joint Declaration and institutional measures addressing MSMEs, photovoltaics, startup-led innovation, and resilient transport and logistics. The measures include an SME cooperation framework, Terms of Reference and an Action Plan for photovoltaic industry cooperation, and a startup innovation action plan. Trade discussions focused on the multilateral trading system, MSME participation in international trade, resilient global value chains, and cross-border digitally delivered services within a rules-based trading framework.
    August 7, 2026
    Show AI Summary
    Certified organic export promotion: BIOFACH INDIA facilitates buyer-seller engagement, certification awareness, traceability discussions and international market access.
    BIOFACH INDIA 2026 promotes certified organic exports by providing a platform for Indian organic enterprises to showcase diverse certified products and engage with overseas buyers through structured Buyer-Seller Meets. Technical sessions address organic certification, traceability, sustainability, quality standards, international regulatory requirements and export-market expectations. The initiative supports quality assurance, international market access, export linkages and sustainable agricultural practices across the organic value chain.
    August 6, 2026
    Show AI Summary
    Device-based loan recovery restrictions protect essential mobile functions while permitting gradual locking only for lender-financed devices.
    Technology-based recovery mechanisms cannot restrict or disable a borrower's mobile device unless the bank financed acquisition of that device. Where permitted, banks must adopt a gradual approach and preserve essential functions, including incoming calls, SMS access, and emergency SOS features. Regulated entities and service providers must obtain manufacturer or operating-system certification for device-locking technology. Disclosure of borrower or guarantor information to recovery personnel must be limited to what is necessary for loan-recovery duties.
    August 6, 2026
    Show AI Summary
    Bilateral trade agreement negotiations should secure tariff certainty, protect key exports, strengthen supply chains, and support vulnerable small industries.
    An early Bilateral Trade Agreement is proposed to protect Indian interests, secure tariff exemptions for key exports, reduce barriers affecting industrial products, and create predictable trade conditions. Recommended measures include financial and export-credit support for small industries, real-time monitoring of customs requirements, documentation assistance, and timely policy support against tariff and non-tariff barriers. Export strategy should develop knowledge services and critical supply-chain integration, while a National Fund should assist suppliers with redesign, tooling, certification and entry into new global supply chains.
    August 6, 2026
    Show AI Summary
    Ethanol imports for fuel blending remain excluded from trade commitments, with domestic producers continuing to supply the blending programme.
    Ethanol imports for fuel blending remain outside concessions or commitments in India-US trade discussions. Under the Ethanol Blended with Petrol Programme, ethanol procurement is governed solely by domestic policy requirements and is sourced entirely from domestic producers. Claims of existing or intended large-scale ethanol imports from the United States for fuel blending, or of a policy change permitting them, are stated to be baseless.
    August 6, 2026
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    Domestic ethanol sourcing for fuel blending continues unchanged, with no import commitments or concessions involving United States ethanol.
    Ethanol used for fuel blending under the Ethanol Blended with Petrol Programme is sourced entirely from domestic producers, with no imports from the United States for that purpose. No concessions or commitments on importing United States ethanol for fuel blending have been made in trade discussions. Fuel blending and ethanol procurement continue to be governed solely by domestic policy requirements, and claims of a policy change allowing large-scale imports are incorrect.
    August 6, 2026
    Show AI Summary
    Patent and trade marks agent qualification examinations require written-paper minimums, aggregate passing scores, and viva voce assessment for registration.
    Patent and trade marks agent examinations comprise an objective Paper I, a descriptive Paper II and a viva voce assessing suitability to practise before the Intellectual Property Office. Candidates must secure the stipulated minimum marks in each written paper and the required aggregate score to pass. Registration in the relevant Register of Patent Agents or Register of Trade Marks Agents is available only to candidates who satisfy all prescribed eligibility conditions and qualify the examination.

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      Astreya Unveils New Wave of Enterprise AI Agents, Turning Operational Signals into Real Insights and Rapid Action

      November 18, 2025

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      Turning innovation into measurable enterprise impact Hyderabad, Telangana, India – Business Wire India Astreya, the world’s leading AI-First global IT managed services provider for Digital and IT infrastructure, is accelerating its mission to make AI and automation more accessible for businesses everywhere. By publishing ready-to-use AI agents across multiple marketplaces, including the ServiceNow Store, Astreya is helping organizations adopt AI faster and turn automation into measurable results. The initiative reflects the company’s broader commitment to improving efficiency, reducing manual workloads, and driving smarter operations across cloud, workplace, and IT environments. Astreya recently served as a Prize Partner at A2HACKFEST 2K25 in Bengaluru, underscoring its commitment to investing in the next generation of AI innovation and talent. The company also participated in Google Cloud’s Agentic AI Day Hackathon, one of India’s largest developer events, where all four of its teams ranked among the top 700 submissions from over 9,100 entries and 57,000 participants. Astreya’s “Soup Developers” team advanced to the Top 15 finalists, ranking among the top one percent of global submissions. Their concept, a modular ecosystem of 20 specialized AI agents, was designed to redefine financial planning by automating budgeting, cash-flow forecasting, market research, and investment strategy. The project stood out for its use of the Model Context Protocol (MCP), which allows agents to access real-time financial data, simulate complex market scenarios, and deliver personalized insights aligned to each user’s objectives. Beyond the competition, Astreya has already released four production-ready AI solutions, powered by 21 specialized agents and advanced large language models on the ServiceNow Store. These agents empower IT teams to resolve issues faster, eliminate repetitive tasks, and increase productivity, freeing them to focus on higher-value, strategic initiatives that drive business growth. • TicketLens (Newly Published) — A certified AI solutions that delivers unified, single-pane insights across incidents and linked records, enhancing root cause analysis and resolution efficiency in dynamic ticketing environments. It provides one-click summaries of incidents, child incidents, problems, and changes; monitors CI health and completeness; and correlates related records to uncover potential root causes, recommends remediation steps, and will soon evolve toward guided and automated resolution, bringing engineers closer to faster, more accurate fixes within the ServiceNow environment. • Astraix — A proactive IT assistant that can analyze an image of an issue to identify the problem, recommend dynamic knowledge articles, trigger automated actions, and predictively assign the incident to the right group. • Attachment Summarizer — Reads and extracts the key points from ticket attachments, then updates work notes and surfaces relevant knowledge so teams don’t waste hours sifting through files. • Intelligent Knowledge Builder & Optimizer — Automates the creation, deduplication, and quality checks of knowledge articles, ensuring knowledge bases remain current and trustworthy. Each solution removes the friction from IT support, enabling agents to resolve issues faster, with greater precision, at a consistently higher standard. As part of its early adoption initiative, Astreya is offering its Agentic AI solutions free of charge for the next 3–6 months, enabling customers to experience their full potential, accelerate automation outcomes, and share actionable feedback through the ServiceNow Store. AI Automation Assessment: Bridging Vision and Velocity Astreya has launched the AI Automation Readiness, Maturity & Coverage Assessment, a vendor-neutral framework that helps enterprises identify automation blind spots, evaluate their current state, and accelerate AIOps adoption. The program delivers a maturity and tool-gap analysis, AI readiness scores, benefit projections, and a clear roadmap for transformation. To complement this, Astreya’s Enterprise AI Services team introduced RapidPulse, a free, five-minute self-assessment that measures readiness across five pillars—Strategy, Tools & Platform, Data & Infrastructure, Process, and People—and provides an instant snapshot of AI and automation maturity. By revealing where automation delivers the most value, Astreya enables organizations to prioritize investments, strengthen operational resilience, and move confidently from manual workflows to intelligent, autonomous IT operations. Romil Bahl, CEO, Astreya: "Most enterprises are still experimenting with AI in isolated pilots. The problem is that those efforts rarely scale. They stay in the lab, disconnected from the systems that drive real work. That means missed efficiency gains, higher costs, and teams carrying more manual effort than they should. By pairing agent-native applications with structured assessments and deployment playbooks, we embed AI directly where it matters, making businesses faster, leaner, and more resilient. Our new ServiceNow AI agents are a clear example of that shift,” said Romil Bahl, CEO, Astreya. Expanding the AI Ecosystem with a Databricks Marketplace Debut Building on its growing momentum in AI and automation, Astreya has launched its first solution on the Databricks Marketplace: Data Trust and Stats Intelligence (DTSi), now available for users to explore at no cost. This milestone also includes recognition as a validated Databricks Data Partner, reinforcing the company’s continued investment in scalable, real-world AI and data innovation. Powered by five Gemini-enabled AI agents, DTSi is designed to help teams turn complex, unstructured datasets into trusted, actionable intelligence. The solution applies more than 15 advanced analytical and statistical techniques, from anomaly detection and correlation mapping to predictive modeling and hypothesis testing, to surface insights that accelerate better decision-making. This expansion into the Databricks ecosystem reflects the same guiding principle behind Astreya’s multi-platform AI strategy: make AI easier to adopt, integrate, and scale. By delivering marketplace-ready solutions that unify data intelligence, automation, and AI-driven analysis, the company is helping enterprises move from raw data to confident action with greater speed and clarity. Hyderabad: A Strategic Launchpad in a Global Model The Enterprise AI Innovation Center in Hyderabad serves as the nucleus for applied research, experimentation, and rapid development of enterprise-grade AI solutions. The center focuses on turning ideas into deployable outcomes, from developing AI agents and automation accelerators to creating point solutions tailored for business and IT operations. It brings together data engineers, AI scientists, and automation architects to prototype, validate, and scale solutions that directly address real-world enterprise challenges. Beyond R&D, the center also serves as a client co-innovation space, where teams jointly explore use cases, assess AI readiness, and design adoption roadmaps that bridge experimentation and enterprise deployment. “Our Hyderabad Innovation Center is a springboard for enterprise AI, where we validate agent-native ideas, run assessments to surface real value, and then harden solutions for production. Our Enterprise AI capability is global, but hubs like Hyderabad help us compress the cycle from prototype to deployment so clients see measurable outcomes faster,” explained Jothiganesh Nagarajan, COO, Astreya. Looking ahead Through strategic partnerships, agent-based innovation, and scaled engineering, Astreya remains focused on one core priority: turning AI into measurable enterprise value. The company continues to invest in multi-agent design, platform-native integration, and specialized engineering talent to help clients move beyond pilots and proofs of concept toward AI solutions that scale, deliver, and stick. About Astreya Astreya is a global IT managed services provider that powers enterprises by designing, deploying, and managing complex technology environments. We deliver end-to-end solutions across hybrid cloud, data centers, network infrastructure, and the digital workplace. Intelligent automation and AI run through everything we build to drive efficiency, accelerate service delivery, and clear barriers to growth for our customers. Learn more at www.astreya.com and follow us on LinkedIn. (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI

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