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    RBI's Proposed Shift from Revolving Credit to Term Loans: SwiffyLabs Lending Platform Already Supports the New Construct
    The US and Canada could pull back from an all-out trade war. It's not clear that they will
    Indian Community in Japan Playing Key Role in Strengthening India-Japan Ties: Commerce and Industry Minister Shri Piyush Goyal
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    CCI approves acquisition of 100% share capital of Tao Digital Solutions by Cyient Ltd
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    Net Profit of Regional Rural Banks (RRBs) Rises to Record ₹10,176 Crore, Total Business Cross ₹13.5 Lakh Crore in FY 2025-26
    UP Cong chief writes to PM Modi on ethanol policy, sugar prices
    Economy shows notable resilience despite global headwinds: RBI bulletin
    Sugar prices rise by nearly Re 1 per kg to about Rs 64
    Trump says he's considering renaming Lake Ontario as 'Lake America' as trade war with escalates
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August 26, 2026
Show AI Summary
Non-revolving credit lines require term-loan structures supporting multiple drawdowns without replenishing sanctioned limits for NBFC lending products.
Proposed restrictions on revolving credit facilities for most NBFCs would generally require credit products to operate as term loans, rather than facilities in which principal repayment automatically restores the available borrowing limit. Compliance may require technology capable of managing multiple drawdowns within an approved sanction, separate repayment schedules, amortisation and servicing workflows, while preventing repaid principal from replenishing the sanctioned limit.
August 26, 2026
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Reciprocal trade tariffs intensify as negotiations confront market access, cultural protections, industrial safeguards, and sovereignty concerns.
US-Canada tariff escalation involves reciprocal import duties following failed negotiations over market access and trade in dairy, alcoholic beverages, automobiles, steel, aluminium and softwood lumber. United States tariff action relies on a rarely used trade-law power permitting duties against countries considered to discriminate against American businesses, without a prior investigation or stated time limit. Negotiations also raised concerns about protection of major industries, cultural protections and Canada's freedom to conclude trade agreements with other countries.
August 26, 2026
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Diaspora engagement supports skilled mobility, investment links, remittances, and citizen welfare while encouraging compliance with local laws.
Indian diaspora engagement in Japan supports bilateral goodwill, business links, investment opportunities and people-to-people ties. Skilled Indian professionals are encouraged to understand local requirements, learn Japanese language and culture, and pursue opportunities in healthcare, trades, engineering, artificial intelligence, accountancy and maritime work. Diaspora members are also encouraged to maintain connections with India, contribute through digital education and knowledge-sharing, and comply with local laws and regulations. Remittances and government support for citizens' welfare, safety and crisis assistance abroad are recognised as important aspects of diaspora engagement.
August 26, 2026
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Semiconductor and AI cooperation advances through industry engagement, investment facilitation, and accelerated economic partnership review.
India-Japan cooperation in semiconductors and artificial intelligence is being strengthened through industry engagement, investment facilitation, technology partnerships and an economic-security-oriented framework. India's semiconductor strategy covers chip design, machinery and materials, fabrication, ATMP/OSAT, research, and talent development, supported by Semicon India initiatives. Bilateral engagement also seeks to address industry concerns, expand manufacturing and innovation partnerships, and accelerate review of the Comprehensive Economic Partnership Agreement to reflect emerging economic opportunities.
August 26, 2026
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Virtual trader engagement platform strengthens weekly grievance feedback, policy information sharing, and institutional dialogue between government and trading communities.
The Virtual Conference Interaction Meetings provide a weekly, accessible forum for retail traders to engage with the Government, receive information on relevant schemes, policies and reforms, and submit grievances and suggestions. The platform enables recurring concerns to be identified and communicated to concerned Ministries and Departments for consideration and redressal. It seeks to strengthen institutionalised dialogue, feedback, transparency, trust and cooperation between the Government and the trader community.
August 26, 2026
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Competition clearance for full acquisition permits Cyient to acquire Tao Digital Solutions, a global digital transformation and technology services provider.
Competition Commission of India approved Cyient Limited's acquisition of 100% of Tao Digital Solutions Inc.'s share capital from its existing shareholders. The full share capital acquisition transfers complete ownership of Tao Digital Solutions to Cyient. Tao Digital Solutions provides global digital transformation and technology services, including product engineering, managed services, cybersecurity, payments, digitization and AI, cloud services, and data services, and operates in India through its wholly owned subsidiary, Tao Digital India Private Limited.
August 26, 2026
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Competition clearance for full coal-sector acquisition addresses limited Indian market links through metallurgical and thermal coal sales.
Competition approval covers Yancoal Australia Limited's acquisition of 100% equity interest and warrants in Kestrel Coal Group Pty Ltd. The target holds an 80% interest in the Kestrel Joint Venture, which operates a Queensland coal mine producing principally metallurgical coal and a smaller volume of thermal coal. Neither the acquirer nor the target has a physical presence in India. Their Indian nexus is limited to coal exports and the joint venture's sales of metallurgical coal into India.
August 25, 2026
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Customs classification of unassembled vehicle imports requires fresh hearing after reserved tax challenge was released without verdict.
The dispute concerns customs classification of imported unassembled vehicle parts. Customs authorities allege that parts imported in separate shipments should have been declared as completely knocked down (CKD) units, attracting the higher duty applicable to CKD imports, rather than as individual components subject to lower duty. The manufacturer contests the resulting customs demand. Proceedings have been released for fresh hearing before the regular indirect-tax writ bench, with status quo maintained for four weeks.
August 25, 2026
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Retaliatory tariffs on imported goods escalate trade measures, targeting key sectors while maintaining support for affected domestic businesses.
Canada has imposed retaliatory tariffs on United States-origin industrial and consumer goods following increased United States tariffs on Canadian goods. Effective 8 September, the measures apply at rates of 15%, 25% and 50% across more than 700 products, including steel, aluminium, appliances, dairy products, seafood, furniture, clothing, pulp and paper, and electronics. Existing countertariffs on automobiles remain in force. The measures seek to protect domestic businesses and reduce imports, supported by assistance for affected workers and businesses amid risks to integrated cross-border supply chains.
August 25, 2026
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Foreign-exchange market intervention and lower crude prices supported rupee appreciation, while USD/INR remained range-bound amid shifting dollar conditions.
Foreign-exchange market conditions supported rupee appreciation against the US dollar, driven by stronger domestic equity markets, a weaker US dollar and lower crude oil prices. The USD/INR pair remained broadly range-bound, with oil-price movements and Reserve Bank intervention identified as key near-term influences. The special USD-INR foreign-exchange swap facility for FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings mobilised substantial foreign-exchange inflows.
August 25, 2026
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Section 301 tariffs may have lower impact where major exports remain outside their scope amid resilient domestic demand.
Economic resilience is attributed to buoyant domestic demand, increased manufacturing and services activity, improving liquidity conditions, credit growth, investment activity and rebounding foreign capital inflows. Recovery in the southwest monsoon improved kharif sowing and reservoir storage, partly mitigating agricultural-sector risks. US Section 301 tariffs are expected to have a comparatively lower effect because major Indian exports to the United States, including smartphones, petroleum products and pharmaceuticals, remain outside their scope. Foreign direct investment improved with higher gross inflows, while outward foreign direct investment continued to decline.
August 25, 2026
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BIS certification exemptions may be structured for high-tech manufacturers to ensure timely equipment imports and support domestic manufacturing operations.
Mandatory Bureau of Indian Standards (BIS) certification requirements for equipment and components used by high-technology manufacturers may be addressed through a proposed exemption framework. Possible exemptions may be structured at the company, industry, product, project or bulk level to support timely availability of imported equipment, goods and services for manufacturing operations. The approach is directed at high-technology industries generally, particularly semiconductor and artificial intelligence sectors, while addressing delays associated with mandatory certification and complex procedures for specialised imported parts and equipment.
August 25, 2026
Show AI Summary
Corporate social responsibility should prioritise measurable community outcomes, transparency, capable implementing agencies, and strategic integration with sustainability objectives.
Corporate social responsibility should prioritise measurable community outcomes rather than expenditure alone. Effective CSR depends on community-responsive design, capable implementing agencies, rigorous monitoring, social audits, and transparent use of technology and data. Public sector enterprises may use thematic priorities, convergence with government programmes, and institutional collaboration to replace isolated interventions with strategic CSR. CSR capacity building encompasses legal and regulatory frameworks, governance, project planning, impact assessment, reporting, ESG and the Social Stock Exchange.
August 25, 2026
Show AI Summary
Regional rural bank performance highlights improved profitability, asset quality, priority-sector lending, financial inclusion, and digital banking expansion.
Regional Rural Banks achieved prescribed priority-sector lending targets and sub-targets, expanded financial inclusion through new Pradhan Mantri Jan Dhan Yojana accounts, and recorded improvement in profitability, asset quality, and credit-deposit ratio. Digital banking adoption is to be accelerated to improve operational efficiency, customer experience, and banking access in rural and remote areas. Sponsor Banks are expected to strengthen information-technology infrastructure and support increased area-specific credit flows and innovative lending.
August 25, 2026
Show AI Summary
Ethanol-blended fuel policy faces calls for consumer-focused review amid sugar supply pressures and older-vehicle compatibility concerns.
Consumer-focused review of the ethanol-blended fuel policy is sought because higher ethanol diversion may affect domestic sugar availability and prices, potentially requiring sugar imports that could reduce claimed foreign-exchange savings from lower petroleum imports. The review should address ethanol and sugar production, domestic prices, imports, and consumer, environmental and economic concerns. Availability of lower-blend fuel alongside E20 is advocated for owners of older vehicles, with consumer choice between E10 and E20 supporting a comprehensive reassessment.
August 25, 2026
Show AI Summary
Economic resilience remains supported by domestic demand, manufacturing, liquidity and capital inflows despite external trade and geopolitical risks.
Economic resilience is attributed to buoyant domestic demand, sustained manufacturing and services activity, and double-digit merchandise trade growth. Improved southwest monsoon conditions supported kharif sowing and partly reduced agricultural risks, although geopolitical frictions and fresh United States tariffs remained external risks. Supply-side pressures raised consumer price inflation, while stable core inflation indicated limited cost pass-through. Easing liquidity, credit growth, investment activity and rebounding foreign capital inflows supported financial and external-sector conditions.
August 25, 2026
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Sugar price controls combine raw sugar imports, stockholding limits, and export restrictions to curb retail inflation.
Sugar market intervention combines permitted imports of raw sugar, stockholding limits for dealers and bulk consumers, and an existing export ban to address sharp increases in retail and wholesale prices. Limits on inventories held by trade participants and large industrial consumers are intended to curb speculation and hoarding. Although ex-mill rates declined after the import decision and anti-hoarding measures, the reduction had not yet translated fully into retail prices. The measures seek to supplement domestic availability and restrain practices that may intensify consumer-price increases.
August 25, 2026
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Tariff escalation drives retaliatory planning, industry protection measures, supply-chain uncertainty, and proposed symbolic geographic renaming amid cross-border trade tensions.
United States-Canada trade tensions have intensified after tariffs were imposed on Canadian goods following unsuccessful bilateral talks. Canada is expected to pursue retaliatory measures, potentially using targeted action to protect workers and businesses rather than matching tariffs directly. Further tariff threats concern vehicles, auto parts and steel. Integrated cross-border supply chains in automotive, energy, agriculture and manufacturing face increased costs and consumer-price uncertainty. Consideration of renaming Lake Ontario as "Lake America" has also been linked to the escalating dispute.
August 25, 2026
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Central infrastructure monitoring through PAIMANA-PROJ tracks implementation progress, sectoral priorities, completed works, and integration of newly monitored projects.
PAIMANA-PROJ monitors Central Sector infrastructure projects costing Rs. 150 crore and above across 17 Ministries and Departments. As of July 2026, 1,775 projects with a revised cost of Rs. 37.11 lakh crore were under monitoring, with cumulative expenditure of Rs. 19.26 lakh crore. Transport and Logistics formed the largest monitored sector, followed by Energy. The portfolio included mega and major projects at varying physical and financial completion stages. PAIMANA-CRIP serves as the central infrastructure-project data repository, with most data updated through APIs.
August 25, 2026
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Plant growth regulator quality controls require farmer awareness, licensed sales, quarantine compliance, and protection against uncertified orchard inputs.
Plant Growth Regulator quality control seeks to protect farmers and orchardists from spurious products sold in the open market. Licensed pesticide and fungicide outlets receive application schedules, while farmer awareness is stressed due to purchases of cheaper PGRs that may not achieve expected results. Rootstock imports require quarantine clearance, and uncertified rootstock purchased from the market is associated with disease spread in orchards. Regulatory measures include direct departmental sale of branded chemicals, promotion of weather-based crop insurance, and demands concerning minimum support pricing and Market Intervention Scheme documentation.

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HIGHLIGHTS

December 10, 2025

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New Delhi, Dec 10 (PTI) Following are the top stories at 9.10 pm: TOP STORIES PAR59 LS LDALL ELECTION (8.47 PM)

Congress' defeat in polls due to its leadership, not EVMs or 'vote chori': Amit Shah in Lok Sabha New Delhi: A combative Union Home Minister Amit Shah on Wednesday hit out at the opposition in the Lok Sabha for its campaign against SIR, saying the issue has been raked up as it can no longer win elections by "corrupt practices", and asserted that the reason for Congress' defeat in polls was its leadership, not EVMs or "vote chori".

DEL83 RAHUL-SHAH-RESPONSE (9.03 PM)

Didn't answer any questions, completely defensive response': Rahul on Shah's speech in LS New Delhi: After the Lok Sabha witnessed a heated exchange between him and Amit Shah during a debate on election reforms, Congress leader Rahul Gandhi on Wednesday called the home minister's response "completely defensive" and asserted that "vote chori" is the "biggest treason".

DEL81 AVI-LDALL INDIGO (8.49 PM)

DGCA to deploy staff inside IndiGo HQ amid tightening oversight of airline New Delhi/Mumbai: Aviation watchdog DGCA will station its personnel at IndiGo's headquarters as it steps up oversight on India's largest airline, which continues to cancel dozens of flights despite saying operations have stabilised.

LGD22 DL-HC-2NDLD INDIGO (6.52 PM)

IndiGo crisis: Why situation precipitated, are you helpless? Delhi HC asks Centre; tells airline to compensate passengers New Delhi: The Delhi High Court on Wednesday questioned the central government for not taking timely action to check the crisis caused by IndiGo flight cancellations and asked why the situation was allowed to precipitate, with lakhs of passengers stranded and other airlines charging hefty fares.

MDS20 KA-LDALL HATE SPEECH (8.35 PM)

Bill to curb hate speech tabled in Karnataka assembly; BJP opposes, says act against political opponents Belagavi (Karnataka): The Karnataka government on Wednesday tabled in the state Assembly a bill to curb hate speech that proposed a jail term of up to 10 years and a maximum fine of Rs 1 lakh amid strong opposition from the BJP, which alleged that the move was aimed at "snatching freedom of expression" of political opponents.

NATION DEL76 PANEL-CIC-APPOINTMENT (8.18 PM)

PM-led panel meets to select new CIC, Rahul gives dissent note New Delhi: The committee headed by Prime Minister Narendra Modi to select the new Chief Information Commissioner met here on Wednesday and is learnt to have decided on the appointment of CIC and eight Information Commissioners, with Leader of Opposition in Lok Sabha Rahul Gandhi apparently giving a dissent note.

DEL77 PM-ISRAEL (8.29 PM)

Netanyahu calls PM Modi, briefs on West Asia situation New Delhi: Prime Minister Narendra Modi on Wednesday spoke with his Israeli counterpart Benjamin Netanyahu and discussed ways to further strengthen the strategic partnership between the two nations.

DEL69 UNESCO-ICH-3RDLD DEEPAVALI (7.31 PM)

India's Deepavali now on UNESCO Intangible Cultural Heritage list, PM hails inscription New Delhi: India's Deepavali, the festival of lights, was on Wednesday inscribed on the UNESCO's Representative List of the Intangible Cultural Heritage of Humanity, sparking celebrations on earning the coveted tag. By Kunal Dutt

PAR15 RS-VANDE-JAIRAM (4.31 PM)

Aim of debate on Vande Mataram is to malign Nehru: Jairam Ramesh New Delhi: The Opposition on Wednesday accused BJP leaders of distorting history, with Congress leader Jairam Ramesh saying that the whole aim of the debate on 150 years of Vande Mataram was to malign first prime minister Jawaharlal Nehru.

BOM34 GA-LD NIGHTCLUB-FIRE (7.50 PM)

Goa nightclub fire: Partner Ajay Gupta arrested; no court relief for absconding owners Panaji/New Delhi: Goa Police on Wednesday arrested Ajay Gupta, a partner in the controversial 'Birch by Romeo Lane' nightclub, even as two absconding owners failed to secure interim relief from a Delhi court on their plea for anticipatory bail.

BOM39 GA-NIGHTCLUB-FIRE-PROBE (8.14 PM)

Luthras booked Thailand tickets as fire raged at Goa nightclub: probe Panaji: Saurabh Luthra and Gaurav Luthra, the main accused and owners of the Goa nightclub where a massive blaze claimed 25 lives, booked tickets to Thailand within an hour of learning about the fire at their establishment, officials said on Wednesday.

DEL70 EC-SIR-DEAD VOTERS (7.46 PM)

SIR in 12 states, UTs: Parties to get list of dead, absent voters before draft roll is out New Delhi: The Election Commission (EC) on Wednesday said the booth-level agents appointed by political parties will be provided with a list of dead, shifted and dead voters before the publication of the draft voters' list in the 12 states and Union territories where the Special Intensive Revision (SIR) exercise is underway.

DEL71 ED-RELIANCE INFRA-LD SEIZE (8.18 PM)

ED seizes 13 bank accounts of Reliance Infra over FEMA 'violations' New Delhi: The Enforcement Directorate on Wednesday said it has seized more than a dozen bank accounts, holding about Rs 55 crore worth deposits, of Anil Ambani Group company Reliance Infrastructure as part of a hawala-linked FEMA investigation.

DEL66 H1B-VISA-INTERVIEWS-CANCEL (7.01 PM)

H1B visa interviews of thousands of applicants in India cancelled triggering outrage New Delhi: Pre-scheduled interviews of thousands of H-1B visa applicants slated for later this month in India have been abruptly postponed by several months apparently to scrutinise their social media posts and online profiles.

CAL20 WB-SHAHJAHAN-WITNESS- 2ND LD ACCIDENT (6.28 PM)

Prime witness in Sandeshkhali violence cases injured, son, driver killed in road accident Barasat: Bholanath Ghosh, one of the prime witnesses in the attack on ED officials in Sandeshkhali and connected CBI cases which implicated now-jailed TMC leader Sheikh Shahjahan, was injured when a truck collided with his car in West Bengal's North 24 Parganas district on Wednesday, a senior officer said.

CAL22 AS-FOREIGNER-LD HARASSMENT (7.11 PM)

Foreigner alleges harassment at Post Malone's concert in Guwahati Guwahati: Two foreigners were allegedly harassed and "touched without consent" at American rapper Post Malone's first Indian concert in Guwahati two days ago, one of them claimed in her social media account.

BUSINESS DEL68 BIZ-LD-INDIA US TRADE TALKS (7.30 PM)

US receives best ever offers from India, says USTR; two-day talks begin New Delhi: US Trade Representative (USTR) Jamieson Greer has said the US has received "best" ever offers from India on the proposed trade agreement amid commencement of two-day talks here between the two countries.

DEL61 BIZ-LD SATYA-NADELLA (6.28 PM)

Thrilled about data centre capacity coming up in India, discussed investments with PM Modi: Nadella New Delhi: Microsoft's investment plan reflects India's progress in the era of technology, its CEO Satya Nadella said on Wednesday, a day after announcing a whopping USD 17.5 billion AI-driven investment in the country and discussing funding plans with Prime Minister Narendra Modi.

LEGAL LGD29 DL-COURT-GOA-FIRE-LD LUTHRAS (7.31 PM)

Goa fire: Luthras fail to get interim relief, court to hear transit anticipatory bail on Thurs New Delhi: Saurabh and Gaurav Luthra, owners of Goa's Birch by Romeo Lane nightclub that caught fire killing at least 25 people, on Wednesday failed to get interim relief from a Delhi court which fixed their pleas seeking transit anticipatory bail for hearing the following day.

LGD30 SC-IAF-PERMANENT COMMISSION (7.46 PM)

No discrimination in grant of permanent commission to women officers in IAF, Centre tells SC New Delhi: The Centre on Wednesday refuted in the Supreme Court the allegation of discrimination and bias in grant of permanent commission to Short Service Commission (SSC) women officers in the Indian Air Force and said 243 men and 177 women were inducted since 2019.

LGD25 DL-HC-SALMAN KHAN (7.07 PM)

Bollywood actor Salman Khan moves Delhi HC for protection of personality rights New Delhi: Bollywood actor Salman Khan has approached the Delhi High Court seeking protection of his personality rights.

FOREIGN FGN44 UK-INDIA-TRADE (8.14 PM)

UK firms boost India presence, turnover hits Rs 5,693 bn as FTA growth unlocked: Report London: UK companies have expanded their footprint in India with a collective turnover of Rs 5,693 billion and a workforce of 552,902 employees over the past year as they tap into new growth unlocked by the Free Trade Agreement (FTA), according to an annual analysis released on Wednesday. By Aditi Khanna

FGN41 RUSSIA-INDIA-LAVROV (8.02 PM)

Lavrov lauds 'good friend' India for pursuing independent multi-vector foreign policy Moscow: Russian Foreign Minister Sergei Lavrov on Wednesday lauded "good friend" India for pursuing an independent multi-vector foreign policy. By Vinay Shukla

FGN37 UK-INDIAN-NURSE (6.55 PM)

British Indian nurse jailed for rape, sexual assaults at Scotland care home London: A 47-year-old nurse from Kerala has been sentenced to seven years and nine months' imprisonment after pleading guilty to rape and sexual assault offences at a care home in Scotland.

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