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August 18, 2026
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Fair Price Shop regulation introduces graded stock-shortage penalties, mandatory FIRs for major discrepancies, and restructured licensing requirements.
Fair Price Shop regulation introduces quantity-based penalties for stock discrepancies, ranging from performance-guarantee forfeiture and replenishment obligations to interim suspension, cancellation-related action and mandatory FIR registration for major shortages. Repeated or deliberate diversion or manipulation of public distribution supplies may lead to cancellation, blacklisting and FIR registration. Licensing now includes continuing regular licences and short-term temporary licences, with wider eligibility, points-based selection, card-linked performance guarantees and compulsory approved e-PoS, weighing-scale and iris-scanner use.
August 18, 2026
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Priority sector lending strengthened rural credit access through agricultural, micro-enterprise and weaker-section finance, reinforcing financial inclusion and sustainable development.
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August 18, 2026
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Adjustable pallet racking systems support customised, scalable warehouse storage through configurable layouts, safety assessment, installation and lifecycle support.
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August 18, 2026
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Domestic consumption expansion targets lower-tier markets through improved retail channels, distribution networks, employment support and household income opportunities.
China has introduced measures to strengthen domestic consumption in counties, smaller cities, townships and rural areas. The measures include upgrading township commercial centres, rural markets and local fairs; encouraging domestic and international brands to establish regional debut stores; and reusing existing land resources to improve services. They also seek better services for elderly persons and children, stronger urban-rural distribution networks, county-level employment and resident income channels. The strategy supports a shift towards household consumption amid weak domestic demand, property-sector pressures and subdued consumer sentiment.
August 18, 2026
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Currency management preserves monetary sovereignty through clean notes, secure logistics, decentralised distribution, durable banknotes, and sustainable cash-cycle operations.
Currency management supports trust in cash and monetary sovereignty through demand planning, secure production, distribution, replacement, and disposal. The Clean Note Policy requires good-quality banknotes to be available in required denominations and locations, with unfit notes continuously withdrawn and replaced. A decentralised Currency Chest network distributes fresh currency, processes returned notes, supports linked bank branches, and operates under licensing, real-time reporting, inspection, and audit requirements. Current priorities include managing uncertain cash demand, improving note durability, and reducing the carbon footprint of the cash cycle.
August 18, 2026
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Independent investigation of alleged dubious transactions requires examination of all six allegations despite prior police conclusions.
Investigation into alleged dubious transactions involving Indiabulls Housing Finance Limited and related entities must cover all six allegations identified by the Enforcement Directorate. The CBI must independently examine five allegations previously reviewed by the Delhi Police Economic Offence Wing, irrespective of its conclusion, and submit a comprehensive report. Further investigation into the sixth allegation depends on the special PMLA court deciding the CBI's pending application, after which the CBI must provide a progress or status report.
August 18, 2026
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Boss scam prevention requires independent verification of payment requests and avoidance of malicious WhatsApp attachments that enable executive impersonation.
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August 18, 2026
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Floating-rate personal loan prepayment protections prohibit charges and compulsory lock-ins for qualifying individual non-business borrowers from 2026.
Prepayment charges are prohibited for part or full repayment of qualifying floating-rate loans availed by individual borrowers for non-business purposes and sanctioned or renewed on or after 1 January 2026. Compulsory lock-in periods cannot restrict prepayment of such loans. Fixed-rate personal loans may still attract prepayment or foreclosure charges under lender policy and contractual terms. Borrowers should check the loan's rate type, sanction letter, loan agreement and key fact statement, where applicable, and compare applicable charges with potential interest savings before early repayment.
August 18, 2026
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Premium Basmati rice positioning drives Zeeba's packaging refresh and ambassador-led campaign focused on quality, authenticity and domestic expansion.
Zeeba has refreshed its packaging and appointed Chef Vikas Khanna as global brand ambassador to support expansion in India. Its "Aisa Basmati Nahi Dekha" campaign positions the brand around export-quality Basmati rice, consistency, authenticity and a superior culinary experience. Promotional activity will extend across digital, retail and consumer touchpoints. The premium Basmati range is described as carefully sourced, naturally aged and processed according to global quality standards, with emphasis on grain quality, authentic taste, purity and consistency.
August 18, 2026
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Silver-collateral lending creates a formal secured-credit channel for eligible borrowers, subject to regulatory requirements and lender policies.
Loans against silver collateral have been introduced following the Reserve Bank of India's Lending Against Gold and Silver Collateral Directions, 2025, enabling eligible regulated lenders to accept silver as security. The offering provides a formal and transparent credit channel against eligible silver jewellery, ornaments and approved silver coins. It is intended for individuals, proprietors and MSMEs requiring liquidity for personal, business and other legitimate financial needs, subject to lending policies and applicable regulatory requirements.
August 18, 2026
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Healthcare discount membership provides instant savings on out-of-pocket care at participating premium providers without insurance claims or paperwork.
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Customs & Trade

UK blocks export of unique series of 200-year-old Hindu paintings

November 22, 2025

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London, Nov 22 (PTI) The UK government has placed an export bar this week on a series of 200-year-old bold and colourful paintings that are said to depict one of the most important narratives in Hinduism.

A buyer is being sought to keep the set of 56 paintings, valued at around 280,000 pounds, representing the origins and triumphs of Devi, or the Divine Mother. In the unique series, gold and silver paint are used across the 56 images to portray scenes that range from quiet worship to violent battles.

“This series is not only beautiful, but unique in the United Kingdom,” said Baroness Fiona Twycross, UK Culture Minister.

“With no other near-complete similar narratives existing in our country, it’s vitally important we take the chance now to keep this series in the UK and allow researchers crucial time to unlock its secrets,” she said.

The series is almost completely intact, containing 56 pages out of an original 59 paintings, with inscriptions in Sanskrit and Hindi on the cover sheets describing the subjects of the individual paintings.

They date back to circa 1810 and were painted in the Kangra region of Punjab. The name of the artist or family workshop is yet to be determined, with the paintings said to be in “excellent condition”.

Together, the paintings tell the narrative of a divine battle between good and evil. The series includes a painting showing gods Vishnu and Shiva appealing for help in a scene believed to be unique to this particular series.

“There are no other comparable series surviving in the UK, meaning that this export bar creates an unparalleled opportunity for the study of both the creation and development of such illustrated narratives,” states the Department for Culture, Media and Sport (DCMS).

They have been with Spink and Son, London, since the mid-1980s and were previously in the family collection of Dr Alma Camruddin Latifi, who lived between the UK and India and held administrative, judicial, secretariat and political offices during the colonial era.

The UK government said this week that the paintings are a reminder of the ongoing cultural connection between the UK and Punjab, given that over a million Hindus live in modern Britain. Keeping the series in the UK with the help of the export bar is said to provide an opportunity for Hindu culture to be “both researched and celebrated”.

“In these small, jewel-like paintings, an epic unfolds before our eyes. We see the Devi, the divine mother of Hinduism in her various manifestations, as the terrifying, multi-armed Kali slaying demons in ferocious battles contrasted with scenes of courtly life, worship and serene landscapes populated by a menagerie of animals,” said Pippa Shirley, member of the Reviewing Committee on the Export of Works of Art and Objects of Cultural Interest (RCEWA).  “They were prompts for storytelling, recitations of Sanskrit hymns, at weddings or family gatherings and are remarkable for their completeness. They throw light on artistic workshop practices and raise questions about social and devotional use and collecting this kind of material in the colonial period.

“They are also a powerful statement of divine female power. With no comparable set in the country, it is important that they remain here so they can be more fully understood and enjoyed by the widest possible audience,” she said.

The RCEWA made its recommendation for an export bar on the basis that the paintings met the criterion for their “outstanding significance” to the study of Pahari painting from the royal courts in the foothills of the Himalayas, their use of devotional practice and their use in comparison with other paintings in the genre; as well as the history of collecting and the historical practices of colonial collecting.

A final decision on the export licence application for the paintings will be deferred until February 20, 2026. At the end of this first deferral period, owners will have a consideration period of 15 days to consider any offers to purchase the paintings at the recommended price of 280,000 pounds plus VAT of 16,000 pounds.  A second deferral period will commence following the signing of an Option Agreement and will last for three months.

The Reviewing Committee on the Export of Works of Art and Objects of Cultural Interest is an independent body, serviced by the UK’s Arts Council, which advises the Secretary of State for Digital, Culture, Media and Sport on whether a cultural object, intended for export, is of national importance under specified criteria. PTI AK SKS SKS

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