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    India's forex kitty swells by USD 10.5 bn to USD 692.87 bn
    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
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    August 7, 2026
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    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
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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
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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.

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      Elion Technologies Expands Nationwide Industrial Safety, Energy Audit and Sustainability Services to Support India’s Growing Compliance Requirements

      December 2, 2025

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      New Delhi, India: With India witnessing rapid industrial growth and tightening regulatory standards, the demand for structured safety management, energy efficiency measures and compliance-led operational systems continues to rise. In response to these evolving requirements, Elion Technologies & Consulting Pvt. Ltd., a leading Indian audit and consulting organisation, has expanded its service capability across the country to support industries with advanced electrical safety audits, fire safety audits, energy audits, carbon footprint assessments, OHS compliance audits, thermography surveys, arc flash studies, and industrial risk assessments. The company, which has been active for over a decade, reports a significant increase in requests for independent evaluations from manufacturing units, logistics parks, FMCG plants, data centres, chemical industries, pharmaceutical facilities, and large warehousing operations. According to Elion Technologies, this rise is driven by multiple factors including new labour codes, greater customer audits, supply-chain requirements, environmental commitments and stricter enforcement by statutory authorities. Growing Need for Compliance in Indian Industries India’s expanding industrial base has highlighted the importance of reliable safety systems and energy management frameworks. Several high-profile incidents related to electrical faults, fire outbreaks, short circuits, equipment failures and workplace hazards have emphasised the gaps in preventive maintenance and compliance adherence. In addition, the recent operationalisation of the Occupational Safety, Health and Working Conditions (OSH) Code, updated regulations under the National Building Code, and strengthened monitoring by CEICED, DISCOMS, State Fire Directorates and pollution control authorities have increased the need for qualified partners capable of conducting compliant, evidence-based audits. Elion Technologies states that industries are increasingly seeking structured electrical safety compliance, fire safety infrastructure evaluation, energy optimisation assessments, and environmental sustainability audits to meet statutory standards, improve operational reliability and reduce financial losses associated with downtime or incidents. Comprehensive Audit and Assessment Offerings Elion Technologies has developed a multidisciplinary audit framework supported by certified energy auditors, electrical engineers, fire safety specialists, safety officers, environmental professionals and industry-trained technical experts. Their assessments are aligned with global and national benchmarks including ISO 50001 (Energy Management), ISO 45001 (Occupational Health & Safety), ISO 14001, NFPA standards and relevant IS Codes. Key Services Include: Electrical Safety Audit A detailed examination of electrical distribution systems, panels, earthing networks, protection systems, wiring conditions, load balancing and safety interlocks. The audit helps identify overheating, loose connections, circuit abnormalities and areas vulnerable to electrical failure or fire hazards. Fire Safety Audit Assessment of fire detection systems, alarm panels, fire extinguishers, hydrant networks, smoke management systems, sprinkler coverage, evacuation pathways and compliance with NBC norms. The audit aims to strengthen fire preparedness and reduce risk of fire-related incidents. Energy Audit (BEE Certified) Evaluation of equipment efficiency, lighting systems, HVAC performance, compressed air systems, utility load, motors, pumps and process units. Recommendations provided through the energy audit enable measurable reductions in electricity consumption, improving the organisation’s energy performance indicators. Thermography Survey Infrared imaging-based thermal inspections used to detect hotspots, equipment stress, insulation deterioration and mechanical anomalies. Thermography is widely applied for preventive maintenance in industrial plants, warehouses, data centres and utilities. Arc Flash Study A specialised engineering analysis that determines incident energy levels, flash protection boundaries and PPE categories, helping industries strengthen electrical safety compliance in line with global best practices. Carbon Footprint and Sustainability Audit Measurement of greenhouse gas emissions, resource consumption patterns, waste generation and environmental impact. The audit supports organisations in designing sustainability strategies aligned with ESG, net-zero and corporate environmental targets. OHS & Industrial Safety Audit Evaluation of safety systems, hazard identification processes, SOPs, workplace ergonomics, emergency response readiness and legal compliance under new labour codes and safety legislation. Elion Technologies also provides water audits, hazard identification and risk assessment (HIRA), compressed air leak audits, environmental audits and installation quality audits for new industrial infrastructure. Sector-Wide Impact and Operational Benefits The company reports strong adoption of its services among industries seeking to minimise operational risks such as electrical breakdowns, fire hazards, process interruptions and regulatory non-compliance. Clients across automotive, FMCG, logistics, pharmaceuticals, engineering, chemicals, plastics, electronics, power utilities and infrastructure sectors have reported improvements in plant reliability and safety performance after implementing audit recommendations. Key benefits observed include: • Reduction in electrical failures and unplanned shutdowns • Improved fire safety readiness across facilities • Enhanced energy efficiency resulting in measurable cost savings • Better preparedness for statutory inspections and customer audits • Stronger occupational health and safety culture among employees • Alignment with sustainability and ESG reporting requirements Elion attributes this impact to its evidence-based approach, use of calibrated instruments, transparent reporting practices and sector-specific audit methodologies. Digital Access and Nationwide Service Capability To support industries across urban and remote locations, Elion Technologies has strengthened its digital service infrastructure. Clients can access service information, submit audit requests, review sample reports, understand compliance requirements and track project updates through the company’s official website: https://elion.co.in/ The company currently serves all major industrial hubs including Delhi NCR, Mumbai, Pune, Bengaluru, Hyderabad, Chennai, Ahmedabad, Kolkata, Indore, Jaipur, Coimbatore and multiple Tier-II and Tier-III industrial regions. Commitment to Safer, Efficient and Sustainable Industrial Operations Elion Technologies states that its long-term focus is to support India’s industrial ecosystem by enabling safer workplaces, lower energy consumption, reduced environmental impact and improved operational efficiency. The organisation is investing in auditor training, advanced tools, updated compliance frameworks and digital documentation systems to strengthen its service quality. According to the company, industries are increasingly recognising the strategic importance of independent assessments, especially in the areas of electrical safety compliance, fire risk reduction, energy optimisation, industrial OHS management and carbon emission reduction. About Elion Technologies & Consulting Pvt. Ltd. Elion Technologies is a leading Indian firm specialising in Electrical Safety Audits, Fire Safety Audits, Energy Audits, Carbon Footprint Assessments, Thermography Audits, Arc Flash Studies, OHS Audits, Environmental Audits and Industrial Safety Assessments. The company operates across India, serving industrial, commercial and institutional clients with a focus on operational safety, compliance and sustainability. For more information, visit: https://elion.co.in/ (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI

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