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    USIBC bats for early conclusion of India-US trade deal
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    Centre to borrow Rs 7.86 lakh cr in Oct-Mar, FY27 borrowing slashed by Rs 1.2 lakh cr
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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.

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Alfa Laval's National Forum Calls Cleaner Technologies and Energy Efficiency Critical to Advancing India's Net Zero Transition

December 5, 2025

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Policy Makers, Scientists and Global technology leaders, convene in Pune to accelerate adoption of energy efficiency and cleaner technologies Pune, Maharashtra, India – Business Wire India The Pioneering Energy Efficiency forum by Alfa Laval in collaboration with The Swedish Chamber of Commerce and Industry (SCCI) in India saw the convergence of policy makers, global industry leaders, technologists and academia as they exchanged views on India’s path to Net Zero. The forum spotlighted the Energy Efficiency Movement and how innovative technologies and process efficiencies can accelerate industrial decarbonization resulting in energy savings. Alfa Laval is the co-founder of the Energy Efficiency Movement (EEM), a global not-for-profit association which drives the global adoption of energy-efficient technologies and practices, it has 640 member companies across 49 countries; in India it has 140 member members. The Guest of Honour, Ms. Ruchika Drall, Deputy Secretary, Climate Change, MoEFCC, Govt. Of India shared insights on India’s approach to its Net Zero journey while Mr. Abhijit Ghorpade, Director, State Climate Action Cell, Government of Maharashtra, elaborated on “State-Level Climate Action: Strategies for Energy Efficiency and Net Zero Goals.” Dr. Ashish Lele, Director CSIR, National Chemical Laboratory (NCL), delivered the keynote address and said, “Breakthroughs in process technologies and advanced materials are vital for India’s energy efficiency. Public research institutions like CSIR-NCL drive this progress by partnering with industry. I applaud Alfa Laval for creating a platform that fosters collaboration for a Net Zero future.” The opening remarks of the forum was by Mr. Mike Umiker, Managing Director, Energy Efficiency Movement who drew attention to the role of collaboration among key stakeholders in achieving energy efficiency. The special address by Mr. Sven Östberg, hon’ble Consul General of Sweden in Mumbai highlighted the India-Swedish sustainability transition journey. In his inaugural address, Mr. Thomas Moller, Executive Vice President, Energy Division, Alfa Laval, shared Alfa Laval’s global perspective on innovative technologies and practical solutions that enable industries to transition toward sustainable operations said, “Alfa Laval is taking an active lead in driving the energy transition forward, providing heat transfer solutions that unlock the full potential of energy efficiency. With nearly a century of working in energy efficiency, we are helping industries save energy and cut emissions.” Mr. Subhasis Das, President and Managing Director, Alfa Laval India, elaborated on the way forward and said, “Energy efficiency is the first fuel and India’s most powerful lever for achieving Net Zero by 2070. At Alfa Laval India, we believe in collaborating with our customers to co-create energy efficiency solutions, to turn this vision into reality. Join us in the Energy Efficiency Movement.” The Forum featured two high-impact panel discussions and the launch of Alfa Laval’s advanced heat exchanger technology. Experts from industry, academia, and government shared actionable strategies to accelerate India’s Net Zero journey, focusing on innovations in electrification, thermal optimization, green hydrogen, and collaborative models for industrial sustainability. Discussions emphasized practical solutions, policy enablers, and partnerships to overcome barriers to large-scale decarbonization. The event also marked the unveiling of Alfa Nova GL50—a patented, fusion-bonded gas-to-liquid heat exchanger made of 100% stainless steel—designed to deliver superior energy efficiency for sectors such as green hydrogen, fuel cells, CHP, and cogeneration, enabling sustainable manufacturing and economic competitiveness. About EEM / EEM in India Alfa Laval co-founded the Energy Efficiency Movement (EEM) at COP26 in Glasgow in 2021. Energy Efficiency Movement has grown significantly in India to more than 140 companies. Globally, EEM has over 600 movers in 49 countries across 29 industries. As a founder and an active contributor to the Energy Efficiency Movement, Alfa Laval supports the global expansion of efficiency awareness by sharing best practices, promoting scalable solutions, and advocating for energy efficiency as one of the fastest, most cost-effective pathways to decarbonization. Through both, supporting innovation and sector-wide collaboration, EEM continues to drive the evolution and global adoption of energy-efficient technologies and practices. The Energy Efficiency Movement has also partnered with Alliance for an Energy Efficient Economy (AEEE) in India since several years and plans to contribute to the “Forum on Energy Efficiency and Decarbonization (FEED)” - the annual flagship event of AEEE in February, 2026. This is Alfa Laval The ability to make the most of what we have is more important than ever. Together with our customers, we’re innovating the industries that society depends on and creating lasting positive impact. We’re set on helping billions of people to get the energy, food, and clean water they need. And, at the same time, we’re decarbonizing the marine fleet that’s the backbone of global trade. We pioneer technologies and solutions that free our customers to unlock the true potential of resources. As our customers’ businesses grow stronger, the goal of a truly sustainable world edges closer. The company is committed to optimizing processes, creating responsible growth, and driving progress to support customers in achieving their business goals and sustainability targets. Together, we’re pioneering positive impact. Alfa Laval was founded 140 years ago, has customers in 100 countries, employs more than 22,300 people, and annual sales were SEK 66.9 billion (5.8 BEUR) in 2024. The company is listed on Nasdaq Stockholm. www.alfalaval.com India Customer Center, Mumbai – Pune Road, Dapodi, Pune 411012, India Alfa Laval is a trademark registered and owned by Alfa Laval Corporate AB. Alfa Laval reserves the right to change specifications without prior notification. To View the Image, Click on the Link Below: L to R: Dr. Pramod Kumar, Prof & Chair, IISc Bangalore, Sven Östberg - Consul General, Embassy of Sweden in Mumbai; Dr. Ashish Lele - Director, NCL - CSIR, Pune; Mr. Thomas Moller, Executive EVP, Energy Division, Alfa Laval Management Sweden; Mr. Abhijit (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI

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