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    Govt to introduce bill in Lok Sabha to broaden NCDC's mandate for co-operative sector growth
    AAP govt indulged in large-scale financial irregularities, caused losses to exchequer: Delhi minister
    ED files chargesheets in 2 PMLA cases against Anil Ambani Group companies, ex-executives
    RJD criticises UDF govt's move not to disburse pensions through cooperative banks
    Raymond Limited reports a healthy Q1 FY27 performance
    Why Most People Choose the Wrong Savings Account And How Not to Be One of Them
    RBI has proactively helped UCBs; cooperatives should look at regulator differently: Shah
    Ministry of Agriculture, Food and Rural Affairs and aT Host '2026 K-Food Fair in New Delhi, India'
    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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    August 9, 2026
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    Co-operative development financing would expand through direct assistance, share-capital participation and wider operational powers for sectoral support.
    National Cooperative Development Corporation (Amendment) Bill, 2026 proposes to broaden the Corporation's mandate to promote co-operative development. It would permit direct loans and grants to co-operative societies and other entities engaged in co-operative development, where funds are used for co-operative purposes. With Central Government approval, the Corporation could participate in the share capital of such entities. The proposals also expand the meaning of foodstuffs, remove geographical restrictions for industrial-goods assistance, and provide additional functional powers.
    August 9, 2026
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    GST compliance failures and electricity subsidy controls raise allegations of financial irregularities and potential losses to the public exchequer.
    Allegations based on a Comptroller and Auditor General report identified purported GST compliance failures involving outstanding tax liabilities, e-way bills generated after cancellation of GST registrations, limited bill scrutiny, non-compliance, and turnover mismatches. The allegations also concerned electricity subsidies extended to consumers with prolonged zero bills or apparent non-residence, presenting these issues as possible financial irregularities and losses to the public exchequer.
    August 9, 2026
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    Money-laundering prosecution complaints allege fund diversion through shell entities, credit-facility evergreening, layered transactions and fictitious project expenditure.
    Money-laundering prosecution complaints allege that funds from toll-road projects and credit facilities were diverted through group companies, contractors, shell entities and conduit accounts. In the toll-road matter, allegedly sham or back-dated subcontracting arrangements and subsequent documentation were used to portray transfers as genuine project expenditure. In the credit-facilities matter, fresh facilities were allegedly used to repay, rotate and evergreen earlier liabilities rather than for sanctioned end-use, with funds layered and presented as legitimate business expenditure or receipts. Attached assets are sought to be confiscated as alleged proceeds of crime.
    August 9, 2026
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    Direct Benefit Transfer pension disbursement replaces cooperative-bank doorstep delivery, while preserving home payments for beneficiaries unable to use bank accounts.
    Direct Benefit Transfer of social security and welfare pensions to Aadhaar-linked bank accounts is intended to replace cooperative-bank doorstep delivery, except for bedridden and similarly situated beneficiaries. The change addresses delays in remitting undistributed pensions, deficient record updates and reconciliation, duplicate payments, delivery incentives, and compliance with Direct Benefit Transfer norms. Criticism focuses on beneficiary access to linked commercial-bank accounts, possible minimum-balance deductions, exclusion of cooperative banks, and the effect on doorstep-delivery workers.
    August 8, 2026
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    Engineering business growth supported Raymond's first-quarter performance, with export expansion, capacity investment and net-debt-free financial flexibility.
    Raymond Limited reported unaudited first-quarter FY27 growth in total income, EBITDA and profit before tax before exceptional items, while remaining net-debt-free with a net cash surplus. Its Engineering business comprises Precision Technology & Auto Components and Aerospace & Defence. Growth in the former was attributed to export expansion, operating leverage, product mix and cost reductions. Aerospace & Defence growth was linked to production for global OEMs, portfolio expansion and increased capacity, although margins were affected by targeted research and development investment. Forward-looking statements remain subject to regulatory, political, economic and technological risks.
    August 8, 2026
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    Savings account selection requires comparison of effective interest, fees, digital service, access, and individual banking needs.
    Savings-account selection should compare effective interest returns under slab-based rates, recurring operating charges and the customer's actual banking needs. Net value depends not only on advertised rates but also on relevant minimum-balance, card, ATM, alert and transfer fees. Digital reliability, customer support, branch availability and ATM access should be assessed according to the customer's average balance, cash use, transfer frequency, travel patterns and need for in-person assistance. The suitable account is one that matches real banking behaviour.
    August 8, 2026
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    Urban cooperative bank regulation promotes licensing, governance, compliance support and cybersecurity measures to strengthen stability and depositor confidence.
    Urban cooperative banks are encouraged to recognise regulatory support through liberalised branch opening, doorstep banking, demand drafts, life certificates, dedicated regulatory coordination, enhanced gold-loan limits, one-time settlements and progress towards on-tap licensing. Sound governance is material to sectoral stability, while small-borrower lending is presented as a comparatively safe lending segment. The umbrella body can support member banks through technical expertise, compliance assistance, cybersecurity solutions and participation in a security operations centre to strengthen depositor confidence.
    August 8, 2026
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    Korean food export promotion combines buyer consultations, regulatory guidance and consumer experiences to support entry into Indian and South Asian markets.
    Korean food export promotion in India and South Asia combined business consultations with consumer-facing activities. Individual meetings connected Korean exporters with regional buyers and generated memoranda of understanding for products including frozen gimbap, ginseng wine and kombucha. Exporters received on-site guidance concerning non-tariff barriers, including food import customs clearance and certification requirements. Preparatory online sessions addressed import procedures, regulatory matters and consumer trends, while consumer events promoted Korean food through tasting, retail and experiential activities.
    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
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    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
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    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
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    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.

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      Rajeev Bhatt: The Architect of India’s Neurodiversity and Inclusion Revolution

      December 6, 2025

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      On 3 December 2025, when Rajeev Bhatt stepped forward to receive the National Award for Empowerment of Persons with Disabilities, the thunderous standing ovation that filled the auditorium signified far more than recognition of a single achievement. It was a collective tribute to three decades of unwavering dedication—a quiet yet powerful revolution that transformed how India understands, accepts, and supports children with learning differences. For over thirty years, Rajeev Bhatt has been one of the most influential figures shaping India’s discourse on learning disabilities, neurodiversity, and inclusive education. In an era when stigma overshadowed science and parents struggled with confusion, he offered clarity, compassion, and credibility. A Visionary Ahead of His Time Long before terms like autism, dyslexia, or ADHD became part of mainstream conversation, Rajeev Bhatt was already interpreting their complexities for the nation. His pioneering books Decoding Autism and Decoding Dyslexia became foundational resources for parents, educators, and practitioners across India. These works bridged the often intimidating gap between scientific research and real-life application, making the subjects accessible and relatable. For thousands of families, these books became lifelines—sources of answers during times of uncertainty. A defining moment in his early career came through his mentorship of Aditya Bawa, the first CBSE student to receive academic recognition despite severe learning disabilities. Aditya’s recognition by then–Prime Minister Shri I. K. Gujral marked a historic shift: it brought the challenges faced by children with learning differences into national focus. This milestone did not merely change the course of one child’s life—it ignited a movement. Rajeev Bhatt emerged from that moment as a national torchbearer for inclusive education. Transforming Lives, One Child at a Time Since the early 1990s, Rajeev Bhatt has been at the forefront of India’s fight against stigma and misconception. At a time when many children were misdiagnosed or dismissed, he traveled across the country—cities, towns, and rural communities—spreading awareness that was rooted in empathy as much as expertise. Under the umbrella of the Inclusive India initiative, he conducted a wide range of programs, including awareness sessions, sensitization workshops, parent guidance modules, teacher training seminars, and community advocacy campaigns. His approach has always been gentle but firm. Instead of battling stigma through confrontation, he dismantled it through knowledge. He replaced fear with understanding, shame with acceptance, and hopelessness with possibility. Adhyayan Inclusive Learning Centre: A Model for True Inclusion One of Rajeev Bhatt’s most enduring contributions is the Adhyayan Inclusive Learning Centre, an institution he founded and continues to lead. Adhyayan is widely recognized as one of India’s most effective models of Individualized Education Program (IEP)-driven learning. Here, every child’s unique pace, strengths, and needs shape their educational pathway. Adhyayan has flourished into a nurturing, innovative ecosystem where children with autism, dyslexia, ADHD, and other learning needs experience genuine inclusion. The centre is built on three fundamental pillars: educators who adapt teaching methods to the child, mentors who build confidence, and a community that celebrates differences instead of merely accommodating them. The impact of this environment is visible in the diverse career paths pursued by its students. Many have found their calling in hospitality, culinary arts, retail, customer-facing services, digital design, fine arts, sports, fitness, music, and audio production. These success stories are not accidental—they are the result of consistent, strength-oriented guidance. Rajeev Bhatt’s belief echoes through every achievement: “Destiny is never defined by disability—only by opportunity.” Empowerment Through Strengths, Not Deficits Rajeev Bhatt’s philosophy represents a paradigm shift. Instead of focusing on what a child struggles with, he champions an education system built around what a child does naturally well. This has led to the creation of a broad, robust framework centered on four key components: 1. Strength-Oriented Education Children are encouraged to tap into their innate abilities—creativity, memory, visual perception, rhythm, or analytical thinking. Learning is shaped around these strengths so that children experience success before struggle. 2. Real-World Skill Training Practical learning forms a major part of their education. Students engage in customer interaction simulations, culinary tasks, digital literacy sessions, and creative exploration in art and music. These experiences instill both confidence and competence. 3. Social and Emotional Development Structured group activities nurture essential life skills such as communication, cooperation, emotional regulation, and resilience. These sessions help children navigate social spaces more effectively. 4. Livelihood Development and Career Preparation For older learners, Adhyayan provides pathways toward employment, freelancing, entrepreneurship, and industry-recognized certifications. Many of these young adults are now independent earners, making meaningful contributions to society. The Force Behind a National Movement Beyond his roles as educator, mentor, and author, Rajeev Bhatt has become a national catalyst for change. Parents often describe their encounters with him as life-changing; teachers call him a pioneer; students simply know him as “Rajeev Sir”—a guide who helped them rediscover their confidence. His guiding principle remains powerful in its simplicity: “Every child deserves dignity, opportunity, and a future free from fear.” He has consistently pushed India toward a more inclusive vision—one where neurodiversity is understood, respected, and celebrated. Lighting the Path for India’s Inclusive Future As India strengthens its commitment to inclusive education, Rajeev Bhatt’s work has become a blueprint for policymakers, educational institutions, and community organizations. Leaders drafting inclusive policies draw inspiration from his insights. Schools that once struggled to support diverse learners now implement structures modeled after his practices. Parents increasingly embrace early intervention, and communities are beginning to celebrate neurodiversity rather than hide it. Above all, thousands of children now walk into their futures with more courage, pride, and security because of the systems he worked tirelessly to create. A Legacy Beyond Awards The National Award of 2025 recognizes not just the work of an individual but the triumph of empathy, awareness, and empowerment across India. It represents a national shift—a collective realization that: • Autism is not an obstacle. • Dyslexia is not a limitation. • Every child carries a unique brilliance waiting to be nurtured. Rajeev Bhatt has helped ignite thousands of such sparks. With every life he touches, he helps India step closer to becoming the inclusive, compassionate society it aspires to be. https://ailcspecialschool.com/rajeev-bhatthttps://www.youtube.com/@Dr.RajeevBhatthttps://www.instagram.com/_dr.rajeevbhatthttps://www.linkedin.com/in/rajeev-bhatt-4575751 (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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