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    APEDA Facilitates Export of GI-Tagged Gulbarga Tur Dal from Karnataka to Maldives
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September 25, 2026
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GI-tagged agricultural exports expand farmer access to international markets through FPO-led value chains and higher price realisation.
APEDA facilitated the export of a one-metric-tonne consignment of GI-tagged Gulbarga Tur Dal from Karnataka to the Maldives through an FPO-led brand. Gulbarga Tur Dal has held GI registration since 2019. The export-linked channel provides farmers a realisation of Rs.82 per kg compared with a prevailing market price of Rs.60 per kg, while supporting closer integration of FPOs and farmers into export-oriented supply chains.
September 25, 2026
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Trader welfare policy discussions covered GST reform, digital commerce, finance access, export promotion, and coordinated institutional support.
Deliberations covered GST rationalisation, refund delays, audit duration, amnesty schemes, input tax credit anomalies and pending appeals, alongside proposed inclusion of traders in MSME facilitation committees, a centralised loan portal with a 30-day timeline, CIBIL score reforms and grievance helplines. Trader welfare measures considered timely contractor payments, safeguards against technical penalties, loan-repayment flexibility during lean periods and stronger Centre-State coordination.
September 25, 2026
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Gold smuggling through powdered gold concealed in food products led to seizure and arrests under customs law.
Intelligence-led interception and baggage examination identified foreign-origin gold converted into fine powder and mixed with packaged food products of similar colour, texture and consistency. Segregation and assaying yielded 9.40 kg foreign-origin gold, which was seized under the Customs Act, 1962. Questioning linked the passengers to the same organised gold-smuggling syndicate, and they were arrested under that Act.
September 25, 2026
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Customs seizure of suspected smuggled areca nuts and restricted poppy seeds followed intelligence-led cross-border enforcement operations.
Intelligence-led customs enforcement in Mizoram and Assam resulted in seizure, under the Customs Act, 1962, of suspected foreign-origin areca nuts and poppy seeds believed on preliminary inquiry to have been smuggled from Myanmar. Searches of locked, unattended godowns near the Indo-Myanmar border recovered the commodities, while interception of two trucks carrying poppy seeds without valid import documents led to seizure of the consignments and vehicles. Four persons connected with transportation of the poppy seeds were arrested.
September 25, 2026
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Industrial control system cybersecurity certification validates system-level protection across wind farm controls, networks, and lifecycle security services.
IEC 62443-3-3 Security Level 2 certification applies to a wind farm control system covering SCADA, PPC, PLC and industrial network devices. It assesses system-level security requirements, including the interaction of components, networks and security mechanisms within an overall industrial control environment. The cybersecurity framework also spans secure development, certified core control components, system-level protection, and security integration and maintenance services across the lifecycle of wind energy technologies.
September 25, 2026
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Foreign exchange reserve composition reflects a weekly decline driven by foreign currency assets despite a modest gold increase.
India's foreign exchange reserves declined by USD 14.881 billion to USD 765.901 billion for the week ended 18 September 2026. The contraction was principally driven by a reduction in foreign currency assets, which also reflect valuation effects from movements in non-US reserve currencies. Gold reserves increased, while Special Drawing Rights decreased and the reserve position with the International Monetary Fund remained reported separately.
September 25, 2026
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Five-day banking proposal remains under consideration amid strike plans and measures for uninterrupted banking and advance disbursements.
Five-day banking remains under governmental consideration, with no Finance Ministry commitment to implementation. Unions linked the proposal to the 12th Bipartite Settlement/9th Joint Note, which contemplated extended Monday-to-Friday working hours. Family pension revision and a pension option for resignees were identified as addressed, while withdrawal of the Performance Linked Incentive scheme remains in abeyance. Public sector banks were instructed to remain open on the preceding Sunday, and central government salaries, wages and pensions were directed to be disbursed in advance.
September 25, 2026
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Alternative fuel transition promotes ethanol, electric and hydrogen mobility to reduce imports, pollution, and strengthen farm income.
Alternative-fuel and public-transport measures seek to reduce dependence on imported petroleum, curb air pollution, and support farmer income and employment. Ethanol is positioned as a farm-income source through increased demand and returns for maize growers, alongside electricity, hydrogen and waste-derived CNG. Development and introduction of flex-fuel vehicles, using engines capable of operating on ethanol, electric tractors, hydrogen-powered vehicles and hydrogen buses form part of a cleaner-mobility strategy.
September 25, 2026
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Foreign-exchange market intervention expectations supported rupee appreciation amid improved risk sentiment, while importer demand and crude prices constrained gains.
Foreign-exchange market conditions supported a 19-paise appreciation of the rupee to 95.80 against the US dollar, aided by improved global risk sentiment and expectations of Reserve Bank intervention. Dollar demand from importers, high crude prices and US dollar strength constrained gains. Lower crude prices and dollar weakness could support the rupee, while geopolitical escalation may create pressure. Market participants expected intervention if the currency weakened toward 96.
September 25, 2026
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Credit health assessment combines score, repayment history, utilisation, accounts and enquiries to support informed borrowing and profile monitoring.
Credit health is broader than a numerical credit score and encompasses the way credit has been managed over time. Credit analysis requires a combined review of the score, repayment history, credit accounts, credit utilisation, credit history and credit enquiries. A credit report may identify management of EMIs and credit-card dues, existing borrowing obligations, use of revolving credit relative to available limits, and recent lender checks associated with credit applications. Incorrect or unfamiliar entries may be reviewed and, where necessary, raised with the relevant lender or credit bureau.
September 25, 2026
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Fuel-price mitigation measures use tax reductions, targeted subsidies and energy-security policies to ease pressure on households and energy-intensive industries.
European fuel-price intervention combines targeted subsidies, fuel-tax reductions, temporary regulatory flexibilities and energy-security investment to moderate the economic effects of sharply higher gasoline and diesel prices caused by disrupted supplies. Member States have temporary discretion to grant state aid to households and energy-intensive sectors, including agriculture, transport and fishing, and limited flexibility under EU spending rules for investments that improve energy security and reduce dependence on imported fossil fuels.
September 25, 2026
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AI management certification anchors responsible lifecycle governance, transparency, accountability, security, and human oversight for agentic loyalty systems.
ISO/IEC 42001:2023 certification applies to an Artificial Intelligence Management System governing AI development, deployment, oversight and continual improvement within the GRAVTY platform. The framework supports AI-related risk management, responsible governance, transparency, accountability, security and human oversight throughout the AI lifecycle. Its scope includes supervised and unsupervised learning models and large language models supporting personalised engagement, fraud management, loyalty intelligence, autonomous decision-making, operational automation and workflow support.
September 25, 2026
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Digital warehousing controls propose electronic tracking, secure transport, monthly returns, and risk-based compliance verification for warehoused goods.
Draft Warehousing Operations Regulations, 2026 would require public and private warehouse licensees to use the electronic portal and a digital warehouse management system for receipt, storage, transfers, removals and accounting of warehoused goods. Transport would generally require a one-time-lock and transit-risk insurance, subject to specified exemptions. Licensees would verify locks and goods, report discrepancies, maintain auditable electronic records, submit monthly returns, and permit removals for home consumption or export only upon electronic clearance orders. Non-confirmation, discrepancies and contraventions would trigger information demands, risk-based verification and action under the Customs Act.
September 25, 2026
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Technology risk governance requires banks to retain accountability, test resilience, and govern artificial intelligence before scaling financial services.
Technology risk governance must treat technology architecture as a first-order enterprise risk, alongside conventional financial risks, because the availability and integrity of core banking, payments, onboarding, credit, fraud-monitoring and reporting systems determine whether customers can access essential financial services. Banks may outsource technology functions but retain accountability for access controls, concentration, recoverability, data protection and exit options. Effective resilience requires secure architecture, asset visibility, timely remediation of vulnerabilities and legacy systems, identity and access management, effective controls, third-party oversight, post-incident learning, and regular recovery testing.
September 25, 2026
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Global value chain integration advances trade partnerships, semiconductor capacity, and deep-tech innovation within broader economic engagement.
India's global economic engagement prioritises trade and economic partnerships to strengthen participation in global value chains and supply chains, facilitating cross-border movement of goods and services. The approach is linked to projected semiconductor demand and development of artificial-intelligence capabilities, alongside innovation, deep-tech startup support and private-sector space activity. The startup ecosystem is described as having expanded substantially, with current policy emphasis on deep-tech innovation and participation in global markets.
September 25, 2026
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Trade agreement review targets balanced, user-friendly, trade-facilitative rules to address asymmetries and strengthen regional commerce.
The ongoing review of the ASEAN-India Trade in Goods Agreement seeks to enhance trade flows, address trade asymmetries, and deliver a balanced, effective, user-friendly, and trade-facilitative arrangement for businesses. It forms part of India's commitment to mutually beneficial trade partnerships and regional trade arrangements.
September 24, 2026
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Portfolio management reforms broaden permitted investments, establish independent fund managers, and retain registered managers' responsibility for client portfolios.
Portfolio-management reforms replace the 2020 framework and expand investments into IPOs, primary-market debt, listed overseas equity and debt, and direct plans of Indian mutual fund schemes. Investment-grade unlisted non-convertible debt may comprise up to 10 per cent of client assets under management with client consent. Independent Fund Managers may operate with registered portfolio managers, which retain responsibility and liability. Accredited-investor eligibility is broadened, while specified compliance requirements are relaxed where adequate audit trails and internal controls exist.
September 24, 2026
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Merchant discount rate on UPI merchant payments may be treated as a taxable payment settlement service with input credit availability.
GST treatment of MDR charged on UPI merchant payments above Rs 2,000 is to be considered by the GST Council. The MDR framework imposes a merchant-borne charge for payment processing and settlement. As these activities are services, MDR may attract GST at 18 per cent, subject to the Council's view. Merchants paying GST on MDR may claim input tax credit, potentially reducing their net tax burden.
September 24, 2026
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Fiscal responsibility limits frame cautions on new projects as budgetary discipline rather than financial crisis.
Finance-department advice treats fiscal indicators as grounds for restraint in approving additional expenditure rather than as evidence that funds are unavailable. Funding new projects may be difficult until additional resources are mobilised or allocations already approved are reallocated. Project proposals lacking budgetary provision or earmarked funding may create cash-flow pressures and fiscal-management challenges, requiring deferment until resources are finalised.
September 24, 2026
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Corporate document forgery allegations trigger investigation into unauthorised insolvency consortium participation and disputed share transfers.
An FIR concerns alleged cheating, forgery, criminal conspiracy, corporate-document misuse, and unauthorised financial liabilities arising from participation in a corporate insolvency resolution process. Allegations include entering a consortium arrangement without the Parekh Group's knowledge or authorisation, reliance on a fabricated and unapproved board resolution, and unauthorised transfer of shares to a group-controlled entity. Investigation covers disputed-record authenticity, alleged digital-signature misuse, and financial transaction trails.

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Study: Trust in GenAI surges globally and India shows high adoption with cautious optimism

November 19, 2025

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Despite 50% of Indian organizations having advanced data infrastructure, data centralization and governance are still among the top challenges for AI implementation. Mumbai, India (Nov 19, 2025): SAS, a global leader in data and AI, unveiled new research that explores the use, impact and trustworthiness of AI. The IDC Data and AI Impact Report: The Trust Imperative, commissioned by SAS, found that IT and business leaders report having greater trust in generative AI than any other form of AI.

The global research exploring AI use and adoption also found that only 40% are investing to make AI systems trustworthy through governance, explainability and ethical safeguards, even though organizations prioritizing trustworthy AI are 60% more likely to double ROI of AI projects. Paradoxically, among those reporting the least investment in trustworthy AI systems, GenAI (e.g., ChatGPT) was viewed as 200% more trustworthy than traditional AI (e.g., machine learning), despite the latter being the most established, reliable and explainable form of AI.

“Our research shows a contradiction: that forms of AI with humanlike interactivity and social familiarity seem to encourage the greatest trust, regardless of actual reliability or accuracy,” said Kathy Lange, Research Director of the AI and Automation Practice at IDC. “As AI providers, professionals and personal users, we must ask: GenAI is trusted, but is it always trustworthy? And are leaders applying the necessary guardrails and AI governance practices to this emerging technology?” “Indian business leaders are demonstrating a sophisticated view of AI,” said Noshin Kagalwalla, Vice President & Managing Director, SAS India. “Unlike many global counterparts who focus on cost savings, Indian organizations are 21% more likely to prioritize decision-making and show elevated interest in product innovation and process efficiency. Their lowest priority is personal productivity, which signals a strategic shift. AI is being seen not just as a tool for operational gains, but as a catalyst for core business transformation. This mindset, combined with a strong emphasis on trustworthy AI, is positioning India as a leader in responsible and impactful AI adoption.” Access the full research report here.

The research draws on a global survey of 2,375 respondents conducted across North America, Latin America, Europe, the Middle East and Africa, and Asia Pacific. Participants included a balanced mix of IT professionals and line-of-business leaders, offering perspectives from both technology and business functions.

India’s current AI landscape reflects many of the global trends. The country’s AI maturity is being accelerated by government initiatives like the IndiaAI Mission and Deep Tech Fund, which are driving infrastructure development, domain-specific models and start-up financing. This public sector momentum is complemented by corporate giants and a thriving start-up ecosystem, positioning India as a key player in the global AI race.

Emerging AI technologies evoke most trust Overall, the study found the most trusted AI deployments were emerging technologies, like GenAI and agentic AI, over more established forms of AI. Almost half of respondents (48%) reported “complete trust” in GenAI, while a third said the same for agentic AI (33%). The least trusted form of AI is traditional AI – less than one in five (18%) indicated complete trust.

Even as they reported high trust in GenAI and agentic AI, survey respondents expressed concerns, including data privacy (62%), transparency and explainability (57%), and ethical use (56%). Despite their high adoption rates, Indian organizations, on average, have 8% less trust in GenAI than the global average. However, this skepticism didn’t lead to hesitation – instead, it prompted them to invest more in trustworthy AI to ensure GenAI works effectively. Other organizations with low trust in generative AI can learn from this approach: Critically assess the technology, identify trust gaps, and invest in solutions to close those gaps. This strategy can lead to faster adoption and greater business impact.

Lagging AI guardrails weaken AI impact ... and ROI The study showed a rapid rise in AI usage – particularly GenAI, which has quickly eclipsed traditional AI in both visibility and application (81% vs. 66%). This has sparked a new level of risks and ethical concerns.

Across all regions, IDC researchers identified a misalignment in how much organizations trust AI versus how trustworthy the technology truly is. Per the study, while nearly 8 in 10 (78%) organizations claim to fully trust AI, only 40% have invested to make systems demonstrably trustworthy through AI governance, explainability and ethical safeguards.

The research also showed a low priority placed on implementing trustworthy AI measures when operationalizing AI projects. Among respondents’ top three organizational priorities, only 2% selected developing an AI governance framework, and less than 10% reported developing a responsible AI policy. However, deprioritizing trustworthy AI measures may be preventing these organizations from fully realizing their AI investments down the road.

Researchers divided survey respondents into trustworthy AI leaders and trustworthy AI followers. Leaders invested the most in practices, technologies and governance frameworks to make their AI systems trustworthy – and appear to be reaping rewards. Those same trustworthy AI leaders were 1.6 times more likely to report double or greater ROI on their AI projects.

Lack of strong data foundations and governance stall AI As AI systems become more autonomous and deeply integrated into critical processes, data foundations also become more important. The quality, diversity and governance of data directly influence AI outcomes, making smart data strategies essential to realizing benefits (e.g., ROI, productivity gains) and mitigating risks.

The study identified three major hurdles preventing success with AI implementations: weak data infrastructure, poor governance and a lack of AI skills. Nearly half (49%) of organizations cite data foundations that are not centralized or nonoptimized cloud data environments as a major barrier. This top concern was followed by a lack of sufficient data governance processes (44%) and a shortage of skilled specialists within their organization (41%).

Respondents reported the No. 1 issue with managing the data used in AI implementations to be difficulty in accessing relevant data sources (58%). Other leading concerns included data privacy and compliance issues (49%) and data quality (46%).

In India, 50% of organizations report having advanced data infrastructure, yet data centralization and governance remain among the top three challenges. This paradox reflects a growing awareness: as data maturity increases, so does the complexity of managing it. The rapid adoption of AI is pushing Indian enterprises to pursue data excellence more aggressively, recognizing that strong data foundations are essential for trustworthy and impactful AI.

“For the good of society, businesses and employees – trust in AI is imperative,” said Bryan Harris, Chief Technology Officer at SAS. “In order to achieve this, the AI industry must increase the success rate of implementations, humans must critically review AI results, and leadership must empower the workforce with AI.” About SAS SAS is a global leader in data and AI. With SAS software and industry-specific solutions, organizations transform data into trusted decisions. SAS gives you THE POWER TO KNOW®.

SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2025 SAS Institute Inc. All rights reserved.

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

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