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    Europe uses subsidies, taxes and policy pauses to offset pain of high fuel prices
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September 25, 2026
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Stakeholder consultation on draft warehousing operations regulations requires structured comments submitted electronically within the prescribed consultation period.
Stakeholder consultation on the draft Warehousing Operations Regulations, 2026 is initiated through public-domain publication on the CBIC website. Comments, views and suggestions must be submitted within 15 days in a structured format identifying the relevant regulation number and title, proposed modification, and supporting reasons or remarks. Responses must be sent through the specified email channels in MS Word, a compatible format, or machine-readable PDF format.
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.
September 24, 2026
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Merchant discount rate on UPI merchant payments may be treated as a taxable payment settlement service with input credit availability.
GST treatment of MDR charged on UPI merchant payments above Rs 2,000 is to be considered by the GST Council. The MDR framework imposes a merchant-borne charge for payment processing and settlement. As these activities are services, MDR may attract GST at 18 per cent, subject to the Council's view. Merchants paying GST on MDR may claim input tax credit, potentially reducing their net tax burden.
September 24, 2026
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Fiscal responsibility limits frame cautions on new projects as budgetary discipline rather than financial crisis.
Finance-department advice treats fiscal indicators as grounds for restraint in approving additional expenditure rather than as evidence that funds are unavailable. Funding new projects may be difficult until additional resources are mobilised or allocations already approved are reallocated. Project proposals lacking budgetary provision or earmarked funding may create cash-flow pressures and fiscal-management challenges, requiring deferment until resources are finalised.
September 24, 2026
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Corporate document forgery allegations trigger investigation into unauthorised insolvency consortium participation and disputed share transfers.
An FIR concerns alleged cheating, forgery, criminal conspiracy, corporate-document misuse, and unauthorised financial liabilities arising from participation in a corporate insolvency resolution process. Allegations include entering a consortium arrangement without the Parekh Group's knowledge or authorisation, reliance on a fabricated and unapproved board resolution, and unauthorised transfer of shares to a group-controlled entity. Investigation covers disputed-record authenticity, alleged digital-signature misuse, and financial transaction trails.
September 24, 2026
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Energy security shapes continued Russian crude sourcing as alternative suppliers replace shortfalls amid potential sanctions-related restrictions.
Russian crude imports are operating near 1.8 million barrels daily in September, with refinery maintenance, stronger Chinese buying, and disruptions to Russian export infrastructure constraining availability. Middle Eastern supply, especially from Iraq and Saudi Arabia, has offset reduced Russian volumes. Potential tougher restrictions on countries purchasing Russian oil could complicate procurement, but energy security and tight physical oil markets make a significant near-term reduction in Russian crude purchases unlikely. Replacement remains technically possible but may raise procurement costs and competition for medium-grade crude.
September 24, 2026
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Direct tax payment gateway integration enables nationwide payments through digital options, branch channels, and customers' respective internet-banking services.
IDFC FIRST Bank's payment-gateway integration for Central Board of Direct Taxes collections enables Direct Tax payments through UPI, credit cards, debit cards, Retail and Corporate Internet Banking, and branch-based cheque, demand draft, or cash payments. Customers of other banks may use their own internet-banking facilities through the gateway. Taxpayers create a challan on the Income Tax e-Filing Portal, select Payment Gateway and IDFC FIRST Bank, choose a payment mode, complete payment, and download or print the paid challan. Payment confirmations are also accessible.
September 24, 2026
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Insurance distribution controls target commissions, expenses and loan-linked sales, reshaping bancassurance arrangements and intermediary remuneration structures.
IRDAI's consultation proposals for insurance distribution contemplate lower Expenses of Management limits, tighter commission controls, and greater control over loan-linked insurance practices. The prospective framework concerns insurer and intermediary remuneration, distribution expenses, and bancassurance fee structures. Reported concerns centre on potential effects on insurer earnings, intermediary economics, and lending-linked distribution arrangements; the measures are not described as final operative obligations or enforcement action.
September 24, 2026
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Personal loan eligibility and repayment planning: loan variants and digital applications remain subject to assessment, verification, and applicable terms.
Eligible customers may seek collateral-free personal loans within stated amount, tenure and interest-rate ranges. Loan amount, interest rate and tenure determine the EMI and total interest payable, while calculator results are estimates rather than final repayment obligations. Eligibility includes nationality, age, employment and credit-score conditions, but approval, final pricing and loan amount remain subject to lender assessment, document verification and applicable terms. Online applications require personal, financial and employment details and KYC verification.
September 24, 2026
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Nidhi company deposits lack insurance protection, requiring verification of government declaration before relying on high-return promises.
Each company seeking to function as a Nidhi must file Form NDH-4 for declaration or updated Nidhi status and comply with the Companies Act, 2013 and applicable Nidhi Rules. Nidhi companies may accept deposits and grant loans only to members. Public investors should verify declared Nidhi status rather than rely on unusually high-return promises, agent representations, or informal assurances. Deposits with Nidhi companies are not insured by the Deposit Insurance and Credit Guarantee Corporation, and recovery may be difficult where a company fails or fraud occurs.
September 24, 2026
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FCNR(B) liquidity deployment remains within banks' discretion, guided by credit pipelines, asset-liability positions, and prudent underwriting standards.
Banks retain full discretion to deploy liquidity mobilised through FCNR(B) deposits, based on their credit pipeline, lending proposals, liquidity outlook and asset-liability position. No sector-specific direction applies to use of these funds. FCNR(B) deposits are fixed-term foreign-currency deposits in which principal and interest are repayable in the same foreign currency, protecting non-resident depositors from direct rupee exchange-rate risk. Continued prudent credit appraisal and underwriting standards are expected.
September 24, 2026
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Compulsory Muslim marriage registration shifts registration to registrars under a statewide procedural framework, with local officials authorised when needed.
Compulsory registration of Muslim marriages will operate under the Assam Muslim Marriage Registration (Compulsory) Rules, 2026, framed under the Assam Compulsory Registration of Muslim Marriage and Divorces Act, 2024. Registration will be undertaken by registrars, with panchayat-level officials potentially authorised where application volumes require additional capacity. The framework addresses the registration forum after kazis were barred from registering Muslim marriages.
September 24, 2026
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Macroeconomic resilience supports fiscal consolidation, financial-sector stability, and orderly foreign-exchange management through persistent global and market shocks.
Policy management emphasises clear communication, policy certainty, macroeconomic and financial-sector stability, efficient use of buffers, and sustained structural reform. Fiscal prudence is treated as necessary to avoid unsustainable stimulus and preserve long-term stability. External-sector resilience rests on services exports and remittances, while oil and gold shocks and weaker capital inflows have created temporary balance-of-payments pressure. Further improvement is linked to lower oil dependence, export diversification, trade agreements, capital inflows and orderly foreign-exchange market management.
September 24, 2026
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Software export growth strengthens IT ecosystem as campus expansion supports startup activity, infrastructure development, and skilled employment.
Software export revenue generated by Technopark reached Rs 17,092 crore in FY 2025-26, reflecting year-on-year growth of approximately 17.3 per cent. Growth is attributed to IT infrastructure, a skilled talent base, and company performance. Technopark also operates as an IT and ITeS hub and startup ecosystem centre, with ongoing campus development intended to expand its position among major IT hubs.
September 24, 2026
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Artificial intelligence centre of excellence partnership advances industry-aligned training, supervised internships, startup mentorship, and applied research collaboration.
IIEST Shibpur and Tata Consultancy Services have entered into a Memorandum of Understanding to establish an Artificial Intelligence Centre of Excellence at the Electrical Engineering Department's high-performance computing laboratory. The collaboration supports industry-aligned training, professional certifications, practical projects, supervised internships, startup mentorship, curriculum benchmarking, and applied research in natural language processing, computer vision, image processing, and advanced data analytics.

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Vedanta presents Jaigarh Heritage Festival 2025 with Esteemed Sponsors

December 6, 2025

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The Manganiyar Seduction New Delhi [India], December 6: The Jaigarh Heritage Festival 2025 returns for its second edition, proudly presented by Vedanta, one of the world’s leading critical minerals, energy transition metals, oil & gas, power and technology conglomerates. Under the guidance of Sawai Padmanabh Singh of Jaipur and produced by Teamwork Arts, the festival showcases Rajasthan’s rich traditions through music, dance, heritage walks, craft workshops, and culinary experiences.

As the Presenting Partner, Vedanta stands at the forefront of the Festival, with its long-standing commitment to preserving heritage and uplifting communities. The Festival reflects Vedanta’s enduring focus on promoting art, culture, and heritage, alongside empowering communities through sustainable livelihood opportunities. Through its subsidiaries Hindustan Zinc Ltd. and Cairn Oil & Gas, Vedanta has made a significant multi-dimensional contribution to Rajasthan, from driving sustainable growth to enabling economic and community development. Hindustan Zinc Ltd., the world’s largest integrated zinc producer and among the top five global silver producers, is recognised for its operational excellence, innovation, and ESG leadership. Cairn Oil & Gas, India’s largest private oil and gas exploration and production company, contributes over 25% of the nation’s domestic crude oil output.

Vedanta’s dedication to community empowerment is reflected in programs such as support for women-led micro-enterprises through Sakhi and Jiji Bai in Rajasthan, the establishment of over 10,000 modern anganwadis via Nand Ghar across 16 states, and sustainable livelihood initiatives that impact millions of lives across India. At the festival, sessions presented by Vedanta include: the Karigar Spotlight on ethnic and embroidery patchwork, Khadtal and Maganiyars performances, and the Uthori Street Play, each offering a platform to showcase local artisans and performers, while reinforcing the company’s support for heritage-linked skill development . The 2025 edition of Jaigarh Heritage Festival proudly welcomes a group of committed sponsors who continue to invest in India's cultural landscape: Vedanta as Presenting Partner, in association with KGK, with Code Silver as the Official Festival Partner. Our Lifestyle Partner is Provogue, and we are grateful to Rajasthan Patrika for their support. We thank StoneX as our Art Partner, and Radio Mirchi and Gaana as our Entertainment Partners.Our Hospitality Partner Nouba, Celebration Partner AB InBev (CoronaSunset) and Pouring Partner Grover Wines add immense value to the festival experience. We also recognise Royal Treasure as our Décor Partner, AU Small Finance Bank as the Outreach Partner, and Bank of Baroda as the Banking Partner.We extend our appreciation to SDMH as the Care Partner, Stage Craft as the Official Set Design Partner, and Airtel as the Internet Partner. We are delighted to have Jaipur Uncharted as the Official Heritage Walk Partner and deeply grateful to Trevi for their support as Festival Patron.

Speaking about Vedanta’s association with the festival, Priya Agarwal Hebbar, Non-Executive Director, Vedanta Ltd & Chairperson, Hindustan Zinc Ltd, said, "Rajasthan has always been home for Vedanta, and its culture continues to inspire us. We believe that preserving heritage is just as important as building for the future, and the Jaigarh Heritage Festival captures that spirit beautifully. It's a living celebration of craft, music, and storytelling that honours tradition while keeping it vibrantly alive. We are proud to support a platform that connects generations and reminds us that culture isn't what we inherit, it's what we carry forward." Sanjoy K. Roy, Managing Director, Teamwork Arts, added, "The Jaigarh Heritage Festival is a celebration of Rajasthan’s extraordinary artistic legacy, where music, craft, and storytelling come together to create experiences that resonate across generations. We are delighted to partner with Vedanta and our sponsors, whose support empowers artisans and communities, ensuring that our heritage and craft traditions thrive. This year, we continue our commitment to presenting moments that inspire, connect, and leave a lasting impression on every visitor.

Sanjay Kothari, Trustee- KGK Foundation, remarked, “Art and music have always been more than creative disciplines to me - they are the silent architects of a society’s identity. They shape how we remember our past, how we interpret our present, and how we imagine our future. Jaigarh Heritage Festival resonates deeply with my personal belief that culture must not only be preserved but continuously re-energised with new ideas and new expressions. Through the KGK Foundation, we remain committed to creating platforms that nurture talent, honour heritage, and encourage artistic courage. It is our endeavor to ensure that Jaipur’s cultural landscape continues to evolve with dignity, depth, and a sense of purpose that speaks to generations beyond our own." Nirmala Durlabhji, Director, Code Silver “Code Silver is proud to support the Jaigarh Heritage Festival as the Official Festival Partner. The festival beautifully reflects our philosophy of honouring heritage while embracing contemporary expression. Rooted in Rajasthan’s craft traditions, we are pleased to be part of an initiative that celebrates culture, creativity, and community in such a meaningful way.” Yogendra Durlabhji, Secretary, SD Trust “At SDMH, community wellbeing has always been central to our mission. Supporting the Jaigarh Heritage Festival as the Care Partner reflects our commitment to serving people beyond the hospital walls. Festivals like these strengthen community bonds and celebrate our shared heritage, and we are pleased to contribute to an experience that is culturally vibrant, safe, and welcoming for all.” Speaking about the collaboration with the festival, Pravin Prabhakar, CEO, Provogue India, said, “Heritage is not just to be remembered, but carried forward with pride. Our association with the Jaigarh Heritage Festival allows us to blend Rajasthan’s cultural richness with Provogue’s modern design philosophy. Through this collaboration, we proudly present MYN by Provogue, India’s first customizable luggage platform, infused with the fort’s motifs, artisanal influences, and a contemporary aesthetic. This Limited-Edition collection enables every traveller to carry a piece of heritage in a personal and premium way, reaffirming that style becomes truly timeless when rooted in tradition.” Speaking about the collaboration with the festival, Sushant Pathak, CMO, StoneX said, “We are honoured to participate in the Jaigarh Heritage Festival — a celebration that beautifully embodies the regal heritage of Rajasthan. At StoneX, we have always believed in elevating stone through mastery, storytelling, and provenance. This year, we are presenting five of the rarest stones in the world, each carrying a remarkable narrative of origin, culture, and journey. These stories have been brought to life in an immersive format at the Jaigarh Festival, inviting guests to rediscover stone not as a material, but as a timeless work of art.” The 2025 festival also benefits from the support of Code Silver, Rajasthan Patrika, Radio Mirchi, Royal Treasure, and Airtel, whose participation strengthens the festival’s outreach and ensures that audiences across media, culture, and lifestyle segments can engage with Rajasthan’s heritage. With Vedanta at the forefront and the collective support of its partners, the Jaigarh Heritage Festival 2025 exemplifies how visionary sponsorship can create lasting cultural experiences, promote social development, and celebrate Rajasthan’s living heritage for generations to come.

About Teamwork Arts TeamworkArts is a highly versatile production company with roots in the performing arts, social action and the corporate world. For over 30 years, Teamwork Arts has taken India to the world and brought the world to India, presenting the finest of Indian performers, writers, change-makers, and visual artists in the knowledge and arts space in India and abroad. Every year, they produce over 33 festivals in 72 cities and 26 countries in the fields of performing & visual arts and literature. TeamworkArts produces the world’s largest literary gathering: the annual Jaipur Literature Festival (JLF). JLF International now travels to the US, UK, and Europe.

About Vedanta Vedanta Group is a global leader in critical minerals, transition metals, energy, and technology, with operations spanning India, South Africa, Namibia, Liberia, the UAE, Saudi Arabia, Korea, Taiwan, and Japan. As the world’s largest integrated producer of zinc, the fourth-largest global producer of silver, and one of the top producers of aluminium globally, Vedanta plays a pivotal role in the global supply of essential materials for the energy transition. The Company is also India’s only private oil and gas producer and one of the largest private power producers. A global ESG champion, Vedanta is committed to achieving net-zero emissions by 2050 or sooner. Through its transformative social impact initiatives, the company has improved the lives of millions of people in underserved regions. For more information, please visit www.vedantalimited.com About KGK Foundation KGK Foundation is the CSR and social impact division of the globally renowned KGK Group. Focused on sectors such as education, vocational training, health, women’s empowerment, and cultural development, the Foundation works to uplift underserved communities through long-term, sustainable initiatives. Guided by a legacy of integrity and responsibility, the Foundation partners with institutions and programmes that enrich society.

About Code Silver Code Silver – A Durlabhji Initiative – is a Jaipur-based luxury silverware and gifting brand that celebrates India’s artisanal mastery through contemporary design. Known for its refined craftsmanship, meticulous detailing, and modern aesthetic, the brand blends heritage artistry with functional elegance. From handcrafted décor and lifestyle collectibles to bespoke corporate and festive hampers, Code Silver carries forward the Durlabhji family’s legacy of excellence and innovation.

About Provogue Provogue is a leading travel lifestyle brand with a legacy of over 28 years in India’s fashion industry. Built on a strong fashion heritage, the brand brings a style-first approach to travel gear for the new-age, style-conscious traveller. Provogue offers a premium range of luggage, backpacks, and travel accessories that fuse contemporary design with functional durability. With innovation at its core and fashion in its DNA, the brand continues to redefine modern travel inspiring consumers to move with confidence and individuality.

About StoneX Stonex India is one of the country’s leading destinations for premium natural stone, renowned for its commitment to craftsmanship, quality, and design excellence. With a deep appreciation for materials shaped by the earth, Stonex brings together traditional artistry and cutting-edge technology to create stone surfaces of enduring beauty. From bespoke architectural projects to luxury interiors, the brand is dedicated to elevating India’s design landscape.

About SDMH Founded in 1971, SantokbaDurlabhji Memorial Hospital (SDMH) is one of Rajasthan’s most trusted multi-specialty healthcare institutions, built on the principles of compassion, service, and ethical medical care. Operated under the SD Trust, the hospital remains committed to accessible, high-quality healthcare, upheld by a longstanding legacy of philanthropy and community service.

(Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR

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