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    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...
    RBI invites comments on the draft “Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026”
    West Bengal seeks 100pc foodgrain, 40pc sugar jute packaging quota at SAC meeting
    RBI clasifies Tata Sons, 16 others as large NBFCs
    Sensex climbs 374 points on buying in Reliance, ICICI Bank; Nifty ends flat
    Insurance Division, DFS Secures 3rd Rank in Group A Category of Grievance Redressal Assessment & Index (GRAI) for June 2026
    VKDL Group’s NPA Bazaar Strengthens India’s Distressed Asset Resolution Ecosystem Under the Leadership of V K Dubey
    Lok Sabha passes bill to authorise govt to permit banks to levy charges on UPI transactions
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    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
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    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
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    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
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    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
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    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.
    August 6, 2026
    Show AI Summary
    Draft NBFC credit-facilities amendments open for stakeholder consultation through designated online and email feedback channels.
    Draft amendments to the Non-Banking Financial Companies credit-facilities framework have been released for public consultation. Regulated entities and other interested stakeholders may submit comments or feedback through the 'Connect 2 Regulate' platform or by email using the specified subject line.
    August 6, 2026
    Show AI Summary
    Mandatory jute packaging reservations were urged to protect cultivators, mill workers, crop absorption, and environmentally sustainable packaging.
    Mandatory jute packaging reservations were sought to be retained at full coverage for foodgrains and increased for sugar packaging for the forthcoming Jute Year. The submission before the Standing Advisory Committee emphasised absorption of bumper jute output, remunerative prices for cultivators, uninterrupted mill operations, and protection of farm and worker livelihoods. It also stressed that biodegradable jute bags offer an environmentally friendly alternative to HDPE and polypropylene woven sacks, and that dilution of compulsory packaging could undermine plastic-pollution reduction efforts.
    August 6, 2026
    Show AI Summary
    NBFC Upper Layer classification imposes enhanced regulation and listing obligations, while de-registration applications remain under examination.
    NBFC Upper Layer classification subjects identified large non-banking financial companies to enhanced regulatory requirements for at least five years and requires stock-exchange listing within three years of identification. The framework divides NBFCs into Base, Middle, Upper and Top Layers. Seventeen large NBFCs were included in the Upper Layer list, while Tata Sons' classification remains subject to the pending examination of its de-registration application.
    August 6, 2026
    Show AI Summary
    Closing auction price discovery may affect benchmark levels differently based on constituent liquidity and concentrated institutional order flow.
    The Closing Auction Session in the equity cash segment uses an auction-based method to determine closing prices of eligible shares with futures and options contracts, aiming to strengthen transparent and robust price discovery. Its effect on benchmark closing levels may differ according to constituent liquidity and institutional order flow. The Reserve Bank of India retained the policy repo rate and neutral stance, indicating that future policy decisions will be data-dependent and influenced by assessment of energy-cost effects on inflation.
    August 6, 2026
    Show AI Summary
    Public grievance redressal strengthens through monitoring, senior review, workshops, stakeholder coordination, and customer-centric service delivery improvements.
    Public grievance redressal is assessed through the Grievance Redressal Assessment and Index, which analyses grievance categories and disposal. The Department of Financial Services' Insurance and Banking Divisions received third and sixth ranks respectively in the June 2026 assessment. Its framework includes disposal of grievances, random reviews by senior officials, and workshops on effective grievance redressal, supporting best practices, stakeholder coordination, technology use, customer-centric service, and accountable public service delivery.
    August 6, 2026
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    Distressed asset resolution integrates restructuring, insolvency advisory, funding facilitation and digital marketplaces for transparent financial recovery transactions.
    The platform provides integrated advisory, management and transaction-facilitation services for Non-Performing Assets, stressed assets and distressed assets. Its services include NPA resolution, debt restructuring, One-Time Settlements, funding assistance, insolvency and bankruptcy advisory, asset reconstruction, financial restructuring and capital raising. Digital and offline marketplaces facilitate transactions involving distressed assets, receivables and related movable or immovable properties, supported by collaborations with banks, Non-Banking Financial Companies, Asset Reconstruction Companies, corporates and investors.
    August 6, 2026
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    Merchant discount rate framework may permit charges on notified UPI and digital payments through a government notification mechanism.
    The proposed amendment to Section 10A of the Payment and Settlement Systems Act, 2007 replaces the existing income-tax-linked reference with a Central Government notification-based mechanism for electronic payment modes. It removes the current statutory restriction preventing banks and payment service providers from charging Merchant Discount Rate on notified modes, enabling the Government to permit charges for UPI and other digital payments. The policy rationale is to support funding for payment infrastructure and a sustainable revenue model for service providers.

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      the*spark forum's charcha 2025 charts pathways for resilient livelihoods and collaborative action towards Viksit Bharat @ 2047

      November 19, 2025

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      ~ 2000 stakeholders including 200 speakers across samaaj, sarkar and bazaar convene in New Delhi to shape India's inclusive growth agenda ~ Co-hosted in partnership with 29 co-hosts including Ministry of Social Justice & Empowerment, Atal Innovation Mission (AIM), LinkedIn, Meta, DBS Foundation, Meesho, Mphasis and other sector leaders NEW DELHI, Nov. 19, 2025 /PRNewswire/ -- The sixth edition of charcha 2025 by the*spark forum concluded on Nov 14 at the India Habitat Centre, New Delhi, after three days of dialogue, ideas and partnerships at the intersection of technology, inclusion and livelihoods. India's largest collaborative convening on livelihoods, charcha brought together 2000 leaders and practitioners across government, markets, and civil society across three days to align on how India can build resilient livelihoods and inclusive prosperity for every citizen on the road to Viksit Bharat @ 2047. Expanding on the roadmap to a 'Viksit & Inclusive' India @2047', India's G20 Sherpa and FormerCEO NITI Aayog, Government of India, Shri Amitabh Kant (IAS), stated, "If we want to create an employable population, it is very critical to focus on improving health outcomes and nutrition standards as well. Additionally, if we want to grow at the rate required to transform India into a 30 trillion economy, we need to fire on all cylinders - you need to do services but you also need to do smart urbanisation, which will be a key driver of job creation in India." Adding to this, Dr. Shamika Ravi, Member, Economic Advisor to the Prime Minister, added, " There is a big gap between degree and skill. We have a lot of educated people, degree holders, but the market actually values skill. Most of the industry surveys are telling me that today, the biggest constraint to our growth is not finance, we can raise capital, but the biggest constraint to the growth of existing firms, creation of new jobs, etc. is skilled manpower." Over three days and 50+ hours of live programming, the event featured 200 speakers and 29 co-hosts including Ministry of Social Justice and Empowerment - Government of India, Meta, LinkedIn, Atal Innovation Mission - NITI Aayog, The Gates Foundation, DBS Foundation, British Asian Trust, Mphasis, Meesho, NuSocia, Magic Bus, The Bridgespan Group Magic Bus, Lend a Hand India, The/Nudge Institute and others to explore seven cross-cutting themes: Tech, Data & Impact; Agri & Rural Livelihoods; Policy & Capacity; Skills & Livelihoods; Inclusion, Empowerment & Sustainability; Capital & Philanthropy; and Social Entrepreneurship & SMEs. Highlighting his vision for charcha 2025, Jerold Pereira, Managing Director, the*spark forum, commented, "India's growth is at a stage where scale will come not from silos, but from alignment. At charcha, we are building the connective tissue between government, markets and civil society - an infrastructure of collaboration that can outlast projects and personalities. The most powerful infrastructure we can build today is the one that connects institutions: linking the intent of sarkar, the innovation of bazaar and the insight of samaaj. And charcha serves as this collaborative platform where key stakeholders across India's livelihood development ecosystem come together to share, learn, celebrate and discover scalable pathways to drive meaningful change, aligned with the government's Viksit Bharat by 2047 agenda." Talking on social justice and equitable growth, Mr. Amit Yadav (IAS), Secretary, Department of Social Justice & Empowerment, Government of India, added, "The measure of any society is how it treats its most vulnerable members. India's constitutional vision of justice, equality, liberty and fraternity, continues to guide our mission to build a just, inclusive and equitable society where every individual has equal access to opportunity and a life of dignity." Adding a market perspective, Kumaresh Pattabiraman, Country Manager and Product Head, LinkedIn India, reflected that India's growth will be defined by how well its tier-two and tier-three cities convert energy into opportunity. The promise of Viksit Bharat @ 2047, he noted, depends on building ecosystems that make skills and jobs accessible to every professional, no matter their pin code. Rukmini Banerji, CEO, Pratham Education Foundation, speaking on empowerment, said, "Desh ko badalna bahut badi baat hai, but apne gaon ko badalna is possible (Transforming the nation is a massive goal, but changing our villages is possible). We'll need mechanisms like School management committees, and mothers groups which, if activated, will lead to ownership." Throughout the convening, a powerful narrative emerged around the role of technology in inclusion. Sessions on AI and digital infrastructure examined how these tools can strengthen livelihoods rather than replace them. Leaders from Meta, NASSCOM Foundation and Atal Innovation Mission shared examples of AI-enabled social innovation, digital skilling for rural youth and emerging models of micro- and nano-entrepreneurship that combine technology and human agency. Focusing on gender inclusion and tech, Dr. Kalika Bali, Senior Principal Researcher, Microsoft Research Labs India, stated, "There is going to be disruption because of AI, I agree. But we need to ask which sectors women in India are most employed in, mostly in lower-skill jobs. These are the jobs that will be most affected by AI and high tech. One sector where women cannot be replaced is the care economy, like ASHA workers." Conversations on agriculture and rural livelihoods spotlighted regenerative farming, climate resilience and inclusive value chains as the foundations of a prosperous rural economy. Whether the focus was on gender, technology or sustainability, the message remained consistent: India's path to inclusion will depend on the ability of governments to enable, markets to innovate and civil society to bridge last-mile inequities. Since its inception in 2020, charcha has grown into one of India's foremost platforms for development dialogue, engaging more than a thousand leaders, fifteen thousand stakeholders and reaching over one and a half million people. The 2025 edition deepened this legacy by focusing on livelihoods resilience, technology for inclusion and partnerships that can translate India's demographic potential into equitable economic growth. About the*spark forum the*spark forum is India's leading platform for dialogue and collaboration on livelihoods, curating cross-sector convenings that inspire ideas, partnerships and action toward a poverty-free India. Media Contact Preyashi Roy [email protected] +91-9167368602 Photo: https://mma.prnewswire.com/media/2827092/charcha_2025_event.jpg' alt='Embedded Media' /> Logo: https://mma.prnewswire.com/media/2814151/charcha_by_the_spark_forum_Logo.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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