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    CIC directs petroleum ministry arm to share historical petrol, ethanol, profit data
    Soybean meal exports fall 69 pc to 30k tonnes in June; SOPA cites high prices, weak demand
    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman interacts with Bank MDs and CEOs on FCNR(B), ECB and OFCB swap initiatives in N...
    GTA 6 release date, price, and pre-orders in India in 2026: Five things every gamer needs to know
    Rupee falls 27 paise to close at 95.65 against US dollar
    Al Falah university chairman Jawad Siddiqui urges HC to grant interim bail in ED cases
    SC says SAT order in Bombay Dyeing case not to be treated as precedent, but refuses stay
    India's exports rise 15.5 pc in June, trade deficit widens to USD 30.43 bn
    From First Time Users to Premium Spenders: AU Small Finance Bank's Transparent Credit Card Lineup
    Rupee falls 39 paise to 95.77 against US dollar in early trade
    Union Minister of Commerce & Industry Shri Piyush Goyal to Lead High-Level Business Delegation to Spain, Belgium and Finland from 13–17 July 2026
    Dr S C Deb Homeo targets Rs 100 crore revenue by FY'31
    India-UK FTA to benefit exporters, MSMEs, professionals from July 15: Goyal
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    OFCD case: SC to hear SEBI's plea against SAT relief to SICCL managers on Monday
    India's Russian crude imports hit record in Jun even as Moscow's oil revenues slip
    Cluster Industrial Locations and Benefits of Private Aviation
    Ex-WB minister Sujit Bose funnelled municipality 'scam' funds into his restaurant, bar, flats: ED
    Sonalika Marks 30-Year Milestone with 20 Lakh Tractor Production at Hoshiarpur Manufacturing Plant
    Assam Budget: Planters, traders say subsidy, incentive proposals to boost tea sector
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    July 13, 2026
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    RTI disclosure duties require clear access, proper transfer, and reasoned confidentiality claims for petroleum and ethanol data requests.
    The article addresses RTI access to historical petrol and ethanol data held or referenced by the Petroleum Planning and Analysis Cell. It identifies key issues relating to disclosure of public-domain records, provision of specific website links, transfer of queries to the authority that actually holds supplier information, and the need to expressly invoke appropriate RTI exemptions when withholding company-wise petrol supplier details. The central legal themes are partial disclosure, commercial confidentiality, custodianship of records, and procedural adequacy in responding to requests for petroleum-sector production, blending, supplier, and profit-related information.
    July 13, 2026
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    Soybean meal export decline reflects weak international demand, higher domestic pricing, and reduced trade performance during the current oil marketing year.
    Soybean meal exports in June 2026 fell sharply to 30,000 tonnes from 97,000 tonnes a year earlier, driven by higher Indian prices than competing countries, weak demand in major importing markets, and geopolitical tensions in West Asia. June production was reported at 5.52 lakh tonnes, with utilisation split between human consumption and animal, poultry, and fish feed. Month-end stock, including old stock, stood at 1.27 lakh tonnes, while cumulative exports in the first nine months of the current oil marketing year remained below the corresponding period of the previous year.
    July 13, 2026
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    Foreign currency mobilisation under RBI swap initiatives gains momentum through NRI outreach, FCNR(B) deposits, and eligible external borrowing support.
    Foreign currency mobilisation under the RBI's FCNR(B), ECB and OFCB swap initiatives was reviewed with emphasis on sustaining inflows through enhanced outreach to the non-resident Indian diaspora. Banks reported encouraging uptake, supported by attractive returns on FCNR(B) deposits and the suspension of the interest rate ceiling on fresh deposits under the scheme. Institutions also described digital outreach, use of International Banking Units at GIFT City, and expectations of stronger ECB mobilisation. The RBI was noted as supporting eligible mobilisation and borrowings through a transparent daily reporting framework.
    July 13, 2026
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    Consumer financing for gaming hardware accompanies GTA 6 India launch details, including platform access, pre-orders, and EMI-based purchase options.
    The article combines GTA 6 launch information in India with a consumer financing framework for gaming hardware purchases. It states the release date, supported platforms, pre-order availability, editions, and major gameplay features, and notes that current-generation console access is required while PC requirements remain unconfirmed. It separately outlines an Easy EMI Loan for consoles, televisions, and accessories through partner stores, with financing up to Rs. 5 lakh, repayment tenures from 3 to 60 months, possible zero down payment on select products, and optional paperless EMI conversion through the Insta EMI Network Card.
    July 13, 2026
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    Rupee depreciation pressures deepen as crude oil prices, dollar strength, and geopolitical tensions weigh on foreign exchange market sentiment.
    Foreign exchange market pressure under the FEMA and RBI regulatory context is reflected in the rupee's depreciation against the US dollar, driven by higher crude oil prices, a stronger dollar, and risk aversion arising from escalating geopolitical tensions involving the US and Iran. Trading remained volatile, with the rupee recovering from lower levels as domestic markets improved and crude prices softened from intraday highs. The near-term outlook remained negative because of continuing global uncertainty, while diplomatic de-escalation and stronger domestic market conditions were identified as potential supporting factors.
    July 13, 2026
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    Interim bail in money laundering cases turns on medical hardship, custody safeguards, and prosecution objections over flight risk and tampering.
    Interim bail was sought under the Prevention of Money Laundering Act in two money laundering cases on medical hardship grounds arising from the accused's wife's cancer treatment. The request included willingness to accept restrictive conditions such as a GPS tracker. The Enforcement Directorate opposed release, citing risk of evidence tampering and absconding, and proposed custodial parole instead. The underlying prosecutions concern alleged diversion of student fee funds, misrepresentation of accreditation and regulatory recognition, and alleged fraudulent acquisition of land.
    July 13, 2026
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    Split verdict precedent status clarified as Supreme Court leaves SAT order unstayed while excluding its use in similar securities matters.
    Securities enforcement proceedings over intra-group flat sale transactions led the Supreme Court to refuse a stay of the SAT order that had set aside SEBI's earlier directions against Bombay Dyeing and certain promoter-group individuals. The Court nevertheless stated that the SAT's 2:1 split verdict will not operate as a precedent in similar matters. The dispute centres on 11 memoranda of understanding between group companies, with SEBI raising issues of associate company status, lifting the corporate veil, the single economic entity principle, and alleged accounting mismatch concerning sale proceeds and agency commission.
    July 13, 2026
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    Merchandise trade imbalance widens as export growth continues but faster import expansion increases the trade deficit in June.
    June merchandise trade data shows export growth alongside a stronger rise in imports, leading to a wider trade deficit. Exports increased by 15.5 per cent to USD 40.41 billion, while imports rose by about 31 per cent to USD 70.84 billion, taking the deficit to USD 30.43 billion. For April-June, exports and imports both increased, with import growth linked to crude oil, electronics, machinery, and precious metals. Gold imports also rose in the first quarter, and exports to West Asian countries recorded moderate growth in June.
    July 13, 2026
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    Credit card transparency drives clearer interest, fee, EMI, and digital repayment management across customer-focused card variants.
    AU Small Finance Bank outlines a credit card framework centered on transparent pricing, informed borrowing, and digital self-management. The summary emphasizes customer understanding of credit card interest rates, billing cycles, interest-free periods, finance charges, late payment fees, and EMI interest rates as essential to responsible credit use. It also describes conversion of eligible transactions into instalments through the Xpress loan EMI facility with an EMI calculator to estimate repayment commitments. Multiple payment channels and app-based access to statements, balances, due dates, spending records, and card information are presented as core features of the digital credit card system.
    July 13, 2026
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    Rupee weakness tracks higher crude oil prices as geopolitical tensions, dollar strength and weak equities pressure sentiment.
    The rupee weakened in early trade against the US dollar amid higher crude oil prices and renewed geopolitical tensions affecting global oil supplies. Dealers linked the fall to a sharp rise in Brent crude and a stronger dollar index, while domestic equities also opened lower. The report further notes net foreign institutional buying in equities and a rise in the country's forex reserves during the latest reporting week.
    July 13, 2026
    Show AI Summary
    Trade and technology cooperation drives India's business delegation visit to Spain, Belgium and Finland.
    India's Commerce and Industry Minister will lead a high-level business delegation to Spain, Belgium and Finland to advance trade, investment, technology, innovation and sustainability. The visit includes bilateral meetings, business roundtables and site visits focused on bilateral trade, the proposed India-European Union Free Trade Agreement, foreign direct investment opportunities, trade facilitation, sustainable technologies, resilient supply chains and industrial collaboration.
    July 12, 2026
    Show AI Summary
    Homoeopathic medicine expansion drives growth through capacity upgrade, export growth, new markets, and an ophthalmic division.
    Homoeopathic medicine manufacturer Dr S C Deb Homeo Research Laboratory plans major capacity expansion, an ophthalmic division, stronger domestic presence and wider exports to support revenue growth. The company also intends to promote homoeopathy through research, public awareness, affordable medicines, and a proposed homoeopathic medical college and hospital.
    July 12, 2026
    Show AI Summary
    Duty-free market access and social security exemption under the India-UK trade pact benefit exporters and professionals.
    India-UK free trade agreement to allow all Indian exports to enter the British market duty-free from July 15, benefiting exporters, farmers, fishermen, MSMEs and domestic industries. The pact also covers merchandise, goods and services, and is stated to strengthen trade and economic ties between India and the UK. It further includes a Double Contribution Convention exempting Indian professionals working in the UK for up to five years from British social security contributions, with savings directed to provident fund accounts in India.
    July 12, 2026
    Show AI Summary
    Regulatory oversight of airfares and securities relief in the Sahara OFCD matter set for Supreme Court hearing.
    The Supreme Court is scheduled to hear a challenge by SEBI against a Securities Appellate Tribunal order granting relief to managers and the company secretary of Sahara India Commercial Corporation Ltd. in the OFCD matter. It is also scheduled to hear a plea seeking regulatory guidelines to curb unpredictable fluctuations in airfares and ancillary charges imposed by private airlines.
    July 12, 2026
    Show AI Summary
    SEBI jurisdiction over OFCD public offer remains central as the Supreme Court hears Sahara-linked challenge.
    SEBI has challenged before the Supreme Court the part of the Securities Appellate Tribunal order granting relief to managers and the company secretary of Sahara India Commercial Corporation Ltd. The tribunal had held that the OFCDs issued by SICCL constituted a public offer within SEBI's jurisdiction, dismissed the company's and directors' appeals, and separately allowed the appeal of the officials on the ground that employees could not be held liable for the company's acts.
    July 12, 2026
    Show AI Summary
    Russian crude imports and refined-fuel trade shape India's role in global oil flows amid sanctions and exemptions.
    India's imports of Russian crude oil rose to a record level in June, driven by higher deliveries to major Indian refineries, while Russia's crude export revenues declined because of weaker prices. The report also noted that India remained a significant channel in global trade flows of refined products made from Russian crude, including exports from Indian refineries to sanctioning jurisdictions, and that shipments refined from Russian crude continued to reach EU and UK ports under the reported trade conditions.
    July 11, 2026
    Show AI Summary
    Private aviation eases industrial cluster connectivity with direct access, flexible schedules, and secure business travel.
    Private aviation is presented as a connectivity solution for India's industrial clusters and economic corridors, where many high-productivity zones lack regular commercial air access. The article highlights the operational difficulty caused by dependence on distant metro airports, inflexible airline schedules, multi-stage travel, and the absence of practical same-day return connectivity. Business aviation is described as enabling direct travel to nearby airstrips and remote airports serving industrial zones, with advantages said to include faster movement, time efficiency, schedule flexibility, and secure and confidential cabin space for sensitive discussions.
    July 11, 2026
    Show AI Summary
    Money laundering through recruitment scam proceeds allegedly funded hospitality businesses, flats and illegal municipal appointments.
    Alleged proceeds of crime from a municipality recruitment scam were channelled into hospitality businesses and property acquisitions through cash sales, capital contributions, unsecured loans and shell-company borrowings. The Enforcement Directorate also alleged manipulation of municipal recruitment, illegal appointments in exchange for pecuniary gain, and abuse of position to regularise appointments without mandatory documents under applicable government guidelines, forming the second prosecution complaint under the Prevention of Money Laundering Act.
    July 11, 2026
    Show AI Summary
    Farmer-centric tractor manufacturing milestone as Sonalika highlights in-house production, automation, and global export growth.
    Sonalika Tractors marked a production milestone by rolling out its 20 lakhth tractor from its integrated manufacturing plant at Hoshiarpur, while highlighting its 30-year growth from its first tractor in 1996 to a global export business serving more than 150 countries. The company attributed its expansion to farmer-centric product development, Indian engineering, in-house manufacturing capability, automation, robotics, and extensive testing standards aimed at performance, durability, and reliability.
    July 11, 2026
    Show AI Summary
    Tea sector support measures in Assam Budget aim to boost exports, cut costs, and strengthen worker welfare.
    Assam Budget 2026-27 proposes tea sector support measures including export and production subsidies, tax relief for small tea growers, restoration of tax for larger assessees, lower VAT on piped natural gas, and welfare-linked spending for tea garden communities. The budget also strengthens incentives, healthcare, tea tourism and social infrastructure in tea garden areas.

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      AvironiX Unveils AviSpray-10c, a Backpack-Sized Agricultural Spraying Drone for India's Precision Farming Sector

      December 9, 2025

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      CHENNAI, India, Dec. 8, 2025 /PRNewswire/ -- AvironiX Drones, a Chennai-based deep-tech drone company focused on precision farming and defence technologies, today announced the launch of its latest agricultural innovation, the AviSpray-10c, a compact, backpack-sized spraying drone 53% smaller than the current generation, designed to significantly reduce the cost, operational complexity, and manpower requirements of drone-based crop spraying in India. The product was unveiled at a formal launch event held at the GRT Grand Hotel, Chennai, in the presence of Mr. M. Anand, Chief General Manager, NABARD Tamil Nadu, along with farmers, Namo Drone Didis, agri-entrepreneurs, drone pilots, industry representatives, and technology partners. Field- Tested Across Over 6,000 Acres of Indian Farmland Unlike many agricultural drones developed primarily under laboratory conditions, the AviSpray-10c has been validated through extensive real-world deployment. The platform is built on the foundation of over 6,000 acres of agricultural spraying, including operations on demanding crops such as sugarcane and paddy. AvironiX follows the Japanese engineering philosophy of 'Genchi Genbutsu' — 'go and see for yourself' — under which its Indian aerospace engineers repeatedly conducted field studies across farms to observe real-world challenges and iteratively refine the product. "Agriculture is not a problem that can be solved from an office or a computer simulation," said Peter Langford, Chief Executive Officer. "Our engineers spent years in Indian farms, covering over 6,000 acres of real spraying operations. Every design decision in the AviSpray-10c is the result of direct field feedback, rigorous testing, and continuous iteration. This is how we engineer technology for India's demanding farming conditions." Redefining the Economics of Agricultural Drone Spraying The AviSpray-10c is 53% smaller than conventional agricultural drones widely used in the market today, enabling true two-wheeler portability and one-person operation. Key advantages include: • Backpack-sized form factor for transport on scooters and bicycles • No requirement for bulky transport vehicles • Elimination of permanent drone mounting boxes • Single-operator deployment with no assistant required • Coverage of up to 5 acres per battery charge, representing a 60% improvement over most comparable platforms • Reduced battery count, lower upfront capital costs, and lower fuel consumption • No charger required during daily spraying operations • Minimal dependence on generators and reduced recharging downtime "This is not merely a reduction in size; it represents a fundamental shift in the agri-spraying business model," Mr. Langford said. "Lower investment, lower operating costs, higher uptime, and improved profitability for pilots and agri-entrepreneurs are built directly into the design." Engineered Specifically for Indian Operating Conditions The AviSpray-10c integrates advanced performance and safety systems, including: • High-efficiency hexacopter flight architecture • Endurance of up to 5 acres per battery charge • 2× improvement in spraying accuracy • Swappable chemical tanks • Multiple nozzle configurations • Terrain-following radar and collision-avoidance systems • RPTO-ready master-slave architecture "The AviSpray-10c has not just been designed by Aeronautical engineers working in local fields, but also engineered specifically for India's environmental and agricultural realities — heat, dust, humidity, wind, and long duty cycles," said Dr. Dinesh Manoharan, Chief Technology Officer, AvironiX. "Every subsystem has been field-validated to deliver endurance, precision, and safety without compromise. The ubiquitous Chinese imports that drown the market don't even come close to this - this is a purpose built drone, designed in Ambattur and built in Maramalainagar, for Indian conditions." 'Customer Success' Model and AgriDrone Experts Network In addition to the product launch, AvironiX announced a Customer Success-first operating model, supported by a growing national network of AvironiX AgriDrone Experts. These trained local pilots will provide: • Structured pilot training and supervised flying • Annual maintenance contract (AMC) support, preventative maintenance and repairs • Skill enhancement and retraining • Faster on-ground field repairs • Reduced downtime during peak spraying seasons "One of the biggest pain points today is Customer Service. We do not stop after the product sale, like many others. Our objective is long-term customer success," said Mr. M. Kannan, Chief Marketing Officer, AvironiX. "Our AgriDrone Experts are local professionals who ensure higher uptime, lower repair costs, and consistent earning potential for pilots and farmers alike. They will become a helpful familiar face and a foundational pillar of your business' success and growth." Future Roadmap: Real-Time Data-Driven Spraying AvironiX also outlined its upcoming roadmap for real-time data-driven agricultural spraying, powered by a proprietary microscopic MEMS plant-sensing technology being developed in collaboration with its Australian partner, Magic Wavelength. The new platform is expected to unlock up to 30 times more plant-health data than current industry solutions. "This technology has the potential to democratise smart farming at a global scale," Mr. Langford said. "When this platform is ready for launch, the early adopters from our ecosystem will be the first to be invited." Live Demonstrations and Symbolic Customer Handover Following the formal unveiling, selected pre-order customers were presented with symbolic controller cut-outs, and guests participated in live experience zones featuring: • Backpack-mode demonstrations • Fully deployed drone configurations • Hands-on product inspection and user-experience walkthroughs About AvironiX AvironiX is a leading Indian drone tech company, focused on developing precision agriculture drones and sensing platforms for real-world farming environments. With field-validated products, in-house aerospace engineering capabilities, and a nationwide customer success network, AvironiX aims to redefine how advanced technology empowers farmers across India and emerging agricultural economies. For more information, visit www.avi' controls>ronix.com. Media Contact: Mr. Kowsic Raj Branding & Social Media AvironiX [email protected] Photo: https://mma.prnewswire.com/media/2840610/AvironiX_Unveils_AviSpray_10c.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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