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    No compromise on tackling illegal immigrants' issue: Minister Priyank Kharge
    Technology, transparency key for urban cooperative banks to stay competitive: Shah
    Paul Merchants Gets RBI Approval for Perpetual AD Category-II Licence Under Revised FEMA Framework
    IEPFA Organises Stakeholder Engagement with Nodal Officers of Companies on Integrated IEPFA Portal 2.0
    Rupee settles with 5 paise gain at 95.17 against US dollar
    India weathered Hormuz disruption without fuel shortages: Puri
    RBI invites public comments on the draft Directions on ‘Credit Valuation Adjustment (CVA) Framework’
    RBI invites comments on the draft “Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Eleventh Amendment Directions, ...
    87 Proposals Received under BHAVYA Scheme during First Round of Phase-I
    India successfully concludes the 16th BRICS Trade Ministers' Meeting in Jaipur under its BRICS Chairship 2026
    GeM Completes a Decade of Transforming Public Procurement with Cumulative GMV Exceeding ₹20 Lakh Crore
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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
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    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
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    Foreign capital inflows supported the rupee despite geopolitical uncertainty, oil-price pressures, and volatile global market sentiment.
    Foreign capital inflows supported a marginal strengthening of the rupee against the US dollar despite global risk aversion arising from uncertainty surrounding negotiations affecting the Strait of Hormuz. Higher crude oil prices and weak domestic equity sentiment remained relevant pressures. Near-term currency movement was expected to depend on developments in the negotiations, weekend decisions, US employment data, the dollar index, crude oil prices, and the reported increase in foreign exchange reserves.
    August 7, 2026
    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
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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
    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.
    August 7, 2026
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.

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      Israel announces plan to seize historical site in West Bank as new settlement appears

      November 20, 2025

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      Jerusalem, Nov 20 (AP) Israel plans to seize parts of a major West Bank historic site, according to a government document, and settlers put up a new outpost overnight, even as the country faces pressure to crack down on settler violence in the Palestinian territory.

      Israel's Civil Administration announced its intention to expropriate large swaths of Sebastia, a major archaeological site in the West Bank, in the document obtained by The Associated Press on Thursday. Peace Now, an anti-settlement watchdog group, said the site is around 1,800 dunams (450 acres) — Israel's largest seizure of archeologically important land.

      The move came as Israeli settlers celebrated the creation of a new, unauthorized settlement near Bethlehem, and a Palestinian lawyer said a West Bank activist has been detained and hospitalized.

      Meanwhile, Human Rights Watch said Israel may have committed war crimes when it forcibly expelled 32,000 Palestinians from three West Bank refugee camps this year.

      Israel to seize swaths of Sebastia heritage site -------------------------------------------------- The Israeli order released November 12 lists parcels of land it intends to seize in the Sebastia area. Peace Now, which provided the document to AP, said the popular archeological site, where thousands of olive trees grow, belongs to the Palestinians.

      The capital of the ancient Israelite kingdom Samaria is thought to be beneath the ruins of Sebastia, and Christians and Muslims believe it's where John the Baptist was buried.

      Israel announced plans to develop the site into a tourist attraction in 2023. Excavations have already begun and the government has allocated more than 30 million shekels ($9.24 million) to develop the site, according to Peace Now and another rights group.

      The order gives Palestinians 14 days to object to the declaration.

      The largest parcel of historical land previously seized by Israel was 286 dunams (70 acres) in Susya, a village in the south of the West Bank, Peace Now said.

      Settlers inaugurate new illegal outpost days after Palestinian attack ---------------------------------------------------------- Israeli settlers said they established a new unauthorized outpost close to Bethlehem. The chairman of the local Etzion settler council, Yaron Rosenthal, welcomed the settlement as a “return to the city of our matriarch Rachel, of King David.” Rosenthal said the new community would “strengthen the connection" between Etzion and Jerusalem.

      The new outpost could be a response to the latest Palestinian attack on Israelis in the West Bank. It's close to the busy junction where on Tuesday Palestinian attackers stabbed one Israeli to death and wounded three more.

      Rosenthal demanded that Israel respond forcefully and better support the settlements.

      “Terrorism is fueled by the hope of a state,” he said, connecting the violence to the Palestinian Authority and a renewed push to advance efforts to secure Palestinian statehood.

      Hamas did not claim responsibility for the attack, but in a statement called it “a normal response to the occupation's attempts to liquidate the Palestinian cause,” vowing that Israeli aggression wouldn't go unchallenged.

      Hagit Ofran, the director of Peace Now's settlement watch program, said the outpost is on land that used to be an Israeli military base. Photos that settlers shared online show temporary homes at the site and bulldozers at work.

      Israel captured the West Bank, east Jerusalem and Gaza — areas claimed by the Palestinians for a future state — in the 1967 war. It has settled over 500,000 Jews in the West Bank, largely on unauthorized settlements, in addition to over 200,000 more in contested east Jerusalem.

      Israel's government is dominated by far-right proponents of the settler movement including Finance Minister Bezalel Smotrich, who formulates settlement policy, and Cabinet minister Itamar Ben-Gvir, who oversees the nation's police force.

      Israel's president and high-ranking military officials have condemned a recent wave of settler violence in the West Bank.

      Palestinian activist is detained and hospitalised -------------------------------------------------- A Palestinian activist who documented settler violence in the West Bank has been detained and hospitalised, his lawyer told the AP Thursday. Riham Nasra said the activist, Ayman Ghrayeb Odeh, was hospitalised after his detention at a military base in the Jordan Valley.

      “Israeli authorities refuse to reveal where he is, what his condition is or why he has been hospitalized,” she said.

      Shin Bet, Israel's security agency, confirmed the activist has been detained on incitement charges. Odeh could face indefinite administrative detention, a punishment without charge or a trial based on secret evidence.

      His brother, Bilal Ghrayeb, told AP he spoke briefly with Odeh shortly after his detention while he was visiting a Palestinian family in the Jordan Valley. His brother said the military confiscated Odeh's phone and that he has not heard from him since.

      “He is an activist who posts photos and writes on social media about what is happening. He is not inciting. He is not hiding anything, nothing is secret. He is only saying and posting what he sees about the lives of people in the Jordan Valley," Ghrayeb said.

      Human Rights Watch says Israel committed war crimes in the West Bank ------------------------------------------------------------------ Human Rights Watch said top Israeli officials including Prime Minister Benjamin Netanyahu, Finance Minister Bezalel Smotrich and Defense Minister Israel Katz should be investigated for war crimes. In a report published Thursday, the group said the Israeli military forcibly expelled 32,000 Palestinians from three West Bank refugee camps this year.

      Israel's military raids on refugee camps in the north of the West Bank in January and February amounted to the largest displacement in the territory since Israel captured it in 1967, Human Rights Watch said.

      Israel has said its troops will stay in some camps for a year, and its unclear when, if ever, Palestinians will be able to return. Thousands of displaced Palestinians are living with relatives cramming into rental apartments, or living in public buildings.

      Human Rights Watch said it analyzed satellite images and concluded that more than 850 homes and buildings were destroyed or heavily damaged. The Israeli military has said it was attacking militant infrastructure and clearing space for troop movement.

      Israel said the “Operation Iron Wall” raids were necessary to stamp out militancy in the West Bank after the Hamas-led October 7, 2023, attack ignited the war in Gaza. It said Thursday that troops dismantled explosive labs and exchanged fire with militants during the raids. It said in a statement that militant attacks have since decreased by 70 per cent in the West Bank, but provided no evidence.

      Human Rights Watch said Israeli authorities didn't explain why they had to remove everyone from the camps nor why they haven't been allowed to return. The report said the military shot at residents who attempting to reenter the camps, and that it has not provided shelter or humanitarian assistance to the displaced.

      “With global attention focused on Gaza, Israeli forces have carried out war crimes, crimes against humanity, and ethnic cleansing in the West Bank that should be investigated and prosecuted,” said Nadia Hardman, senior refugee and migrant rights researcher at Human Rights Watch.

      The report was based on interviews with 31 Palestinians displaced from Tulkarem, Nur Shams and Jenin refugee camps.

      The camps resemble dense, urban slums and are home to millions of Palestinians. Human Rights Watch said it analyzed satellite imagery of the camps and found more than 850 homes and buildings have been destroyed or heavily damaged.

      The Israeli military has told the AP that some of the damage was to strike militant infrastructure, while some was to clear space for easier troop movement around the camps. (AP) RD RD

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