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    Government Approves One-Time Interest-Free Loan of ₹50,000 per Barn for FCV Tobacco Growers in Andhra Pradesh
    Issuance Calendar for Marketable Dated Securities for October 2026-March 2027
    Government’s Borrowing Plan for the second half of FY 2026-27
    APEDA Facilitates Export of GI-Tagged Gulbarga Tur Dal from Karnataka to Maldives
    11th Meeting of National Traders’ Welfare Board Convened in New Delhi
    DRI seizes 9.40 kg foreign-origin gold worth around Rs. 15 crore at Mumbai airport; three arrested
    DRI seizes over 125,000 kg foreign-origin smuggled areca nuts and 41,000 kg poppy seeds worth around Rs. 20.31 crore in Assam and Mizoram in a crackdo...
    Envision Energy Secures TĂśV SĂśD Certificate for Wind Farm Control System, Strengthening Long-Term Resilience for Future Energy Systems
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September 25, 2026
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Interest-free working capital assistance for FCV tobacco growers supports liquidity, institutional loan repayment, crop inputs, and reduced private borrowing.
A one-time, interest-free working-capital loan of Rs. 50,000 per barn is approved for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering about 44,000 growers, the assistance is proposed to be delivered through direct benefit transfer. It is intended to provide liquidity for household requirements, institutional loan repayment and crop inputs, while reducing dependence on private borrowing.
September 25, 2026
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Government securities auction calendar establishes retail bidding access, flexible issuance terms, greenshoe subscriptions, and periodic debt switch operations.
Each auction carries a non-competitive bidding facility, under which five per cent of the notified amount is reserved for specified retail investors. The Government may modify indicated amounts, issuance periods and maturities, and may issue instruments with non-standard maturities, floating-rate bonds or inflation-indexed bonds, having regard to governmental requirements, market conditions and other relevant factors. It may retain additional subscriptions through a greenshoe option and conduct switch or buyback auctions of dated securities.
September 25, 2026
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Market borrowing plan sets dated securities auctions, Treasury Bill issuance, redemption management, and temporary cash-flow support.
Government market borrowing for the second half of FY 2026-27 is to be raised through weekly auctions of dated securities, including Sovereign Green Bonds, across maturities from 3 to 50 years. Debt-management measures include switching and buyback operations to smooth the redemption profile and a greenshoe option for additional subscriptions. Treasury Bills are to be issued through weekly auctions in 91-day, 182-day and 364-day maturities. The Ways and Means Advances limit is fixed to address temporary mismatches in government accounts.
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.

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Schneider Electric, AVEVA, and ETAP join Alliance for OpenUSD to advance digital twins and 3D modeling for Industries

November 25, 2025

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• Companies will support software interoperability and advance open standards for industrial simulation, collaborative design and AI infrastructure systems • Software portfolios of the three companiesaid the creation of digital twins, improving building design, sustainability, and equipment optimization across multiple industries, including buildings, grids, and AI factories • Companies align with NVIDIA’s vision for scalable, simulation-ready (SimReady) assets that model the physical world and leverage generative AI for smarter decision-making Bangalore, November 24, 2025 – Schneider Electric, a global energy technology leader, AVEVA, a global leader in industrial software, driving digital transformation and sustainability, and ETAP, the industry and technology leader in power system design and operation, today announced their membership in the Alliance for OpenUSD (Universal Scene Description). The companies join industry pioneers including NVIDIA, Pixar, Adobe and Autodesk in shaping the future of interoperable digital twins and simulation-ready (SimReady) 3D assets. The announcement was unveiled during Schneider Electric’s Innovation Summit North America in Las Vegas, convening more than 2,500 business leaders and market innovators to accelerate practical solutions for a more resilient, affordable and intelligent energy future.

The announcement reinforces the companies’ commitment to advancing open standards for industrial simulation, collaborative design, and Gigawatt-scale AI infrastructure. OpenUSD is a high-performance, extensible framework and ecosystem that enables seamless interoperability between software tools and data types for building virtual worlds and advancing industrial digitalization.

Joining the Alliance signals Schneider Electric, AVEVA, and ETAP’s deepened alignment with NVIDIA’s vision for scalable, physically accurate, and real-time digital twin environments, engineered to simulate buildings, manufacturing factories, data centers, and AI infrastructure systems of the future. Organizations are rapidly adopting NVIDIA Omniverse libraries to develop digital twin solutions to model projects, digitalize processes, and design systems to the highest standards of performance, sustainability and energy efficiency.

Advancing open standards for industrial simulation, collaborative design, and AI infrastructure systems By adopting OpenUSD as a shared standard, the companies are working closely with NVIDIA to unlock new possibilities for: • SimReady Asset Development: Creating interoperable, simulation-ready models of physical infrastructure components, like power and cooling systems, that can be orchestrated within industrial digital twins that leverage NVIDIA Omniverse libraries.

• Digital Twin Collaboration: Enabling unified views of complex systems such as data centers, energy grids, and industrial facilities that are integrated with Schneider Electric’s platforms like EcoStruxure, AVEVA and ETAP. The three companies’ multi-domain expertise across buildings, data centers, factories, plants, grids, and infrastructure offers advanced digital twin simulations for an array of industries.

• Accelerated AI Infrastructure Deployment: Leveraging the NVIDIA Omniverse DSX Blueprint and NVIDIA Omniverse libraries to codesign gigawatt-scale AI factories with reduced risk and faster time-to-market.

Schneider Electric’s SimReady assets are used alongside applications with integrated NVIDIA Omniverse libraries, enabling physically accurate, detailed simulations across industries, and accelerating digital twin development. From manufacturers optimizing assembly lines, to data center operators enhancing AI factory design and operations. The adoption of OpenUSD and digital twins is driving improved energy efficiency, sustainability, and resiliency.

For example, by using AI factory digital twins, data center operators can model and manage physical infrastructure systems that simulate thermal behavior, power distribution, and airflow to optimize cooling efficiency and reliability.

“OpenUSD is more than a file format, it’s a virtual bridge between industries,” said Jim Simonelli, Senior Vice President and Chief Technology Officer for Data Centers at Schneider Electric. “Joining the Alliance allows us to contribute to a shared digital language that empowers collaboration, simulation, and innovation across the AI ecosystem. It’s a natural extension of our work with NVIDIA, allowing us to build AI infrastructure that’s not only powerful, but intelligent, sustainable, and future-ready.” “To efficiently design and operate complex systems like AI factories, industries need a robust, simulation-ready foundation,” said Rev Lebaredian, Vice President of Omniverse and simulation technology at NVIDIA. “Schneider Electric's expertise in energy management, hardware and software, combined with NVIDIA Omniverse libraries, will accelerate the creation of the AI factories and intelligent grids of the future, paving the way for a new era of AI-driven efficiency and sustainability.” Continued innovation, partnership, and impact Schneider Electric, AVEVA and ETAP joining the Alliance for OpenUSD (AOUSD) marks a pivotal moment in the companies’ partnership with NVIDIA and builds upon milestones the companies have shared throughout the years to accelerate digital twin and AI factory development.

The companies are co-developing reference architectures, integrated infrastructure and software solutions that will power and cool the next generation of AI factories, and working on projects that leverage NVIDIA Omniverse libraries to simulate and improve energy efficiency in real-world environments.

At GTC DC, Schneider Electric was named as a power, cooling, and energy technology partner contributing to the NVIDIA AI factory Research Center in Manassas, Virginia. Powered by the NVIDIA Vera Rubin platform, the center was built to support breakthroughs in generative AI, scientific computing and advanced manufacturing and to serve as a foundation for the Omniverse DSX Blueprint for gigascale AI factories. In March 2025, ETAP by Schneider Electric unveiled a cutting-edge digital twin that can accurately design and simulate the power needs of AI factories.

(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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