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    USIBC bats for early conclusion of India-US trade deal
    Banks advise customers to complete essential transactions ahead of 3-day strike
    Centre to borrow Rs 7.86 lakh cr in Oct-Mar, FY27 borrowing slashed by Rs 1.2 lakh cr
    Government Approves One-Time Interest-Free Loan of ₹50,000 per Barn for FCV Tobacco Growers in Andhra Pradesh
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September 25, 2026
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Interest-free working capital assistance for FCV tobacco growers supports liquidity, institutional loan repayment, crop inputs, and reduced private borrowing.
A one-time, interest-free working-capital loan of Rs. 50,000 per barn is approved for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering about 44,000 growers, the assistance is proposed to be delivered through direct benefit transfer. It is intended to provide liquidity for household requirements, institutional loan repayment and crop inputs, while reducing dependence on private borrowing.
September 25, 2026
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Government securities auction calendar establishes retail bidding access, flexible issuance terms, greenshoe subscriptions, and periodic debt switch operations.
Each auction carries a non-competitive bidding facility, under which five per cent of the notified amount is reserved for specified retail investors. The Government may modify indicated amounts, issuance periods and maturities, and may issue instruments with non-standard maturities, floating-rate bonds or inflation-indexed bonds, having regard to governmental requirements, market conditions and other relevant factors. It may retain additional subscriptions through a greenshoe option and conduct switch or buyback auctions of dated securities.
September 25, 2026
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Market borrowing plan sets dated securities auctions, Treasury Bill issuance, redemption management, and temporary cash-flow support.
Government market borrowing for the second half of FY 2026-27 is to be raised through weekly auctions of dated securities, including Sovereign Green Bonds, across maturities from 3 to 50 years. Debt-management measures include switching and buyback operations to smooth the redemption profile and a greenshoe option for additional subscriptions. Treasury Bills are to be issued through weekly auctions in 91-day, 182-day and 364-day maturities. The Ways and Means Advances limit is fixed to address temporary mismatches in government accounts.
September 25, 2026
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GI-tagged agricultural exports expand farmer access to international markets through FPO-led value chains and higher price realisation.
APEDA facilitated the export of a one-metric-tonne consignment of GI-tagged Gulbarga Tur Dal from Karnataka to the Maldives through an FPO-led brand. Gulbarga Tur Dal has held GI registration since 2019. The export-linked channel provides farmers a realisation of Rs.82 per kg compared with a prevailing market price of Rs.60 per kg, while supporting closer integration of FPOs and farmers into export-oriented supply chains.
September 25, 2026
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Trader welfare policy discussions covered GST reform, digital commerce, finance access, export promotion, and coordinated institutional support.
Deliberations covered GST rationalisation, refund delays, audit duration, amnesty schemes, input tax credit anomalies and pending appeals, alongside proposed inclusion of traders in MSME facilitation committees, a centralised loan portal with a 30-day timeline, CIBIL score reforms and grievance helplines. Trader welfare measures considered timely contractor payments, safeguards against technical penalties, loan-repayment flexibility during lean periods and stronger Centre-State coordination.
September 25, 2026
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Gold smuggling through powdered gold concealed in food products led to seizure and arrests under customs law.
Intelligence-led interception and baggage examination identified foreign-origin gold converted into fine powder and mixed with packaged food products of similar colour, texture and consistency. Segregation and assaying yielded 9.40 kg foreign-origin gold, which was seized under the Customs Act, 1962. Questioning linked the passengers to the same organised gold-smuggling syndicate, and they were arrested under that Act.
September 25, 2026
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Customs seizure of suspected smuggled areca nuts and restricted poppy seeds followed intelligence-led cross-border enforcement operations.
Intelligence-led customs enforcement in Mizoram and Assam resulted in seizure, under the Customs Act, 1962, of suspected foreign-origin areca nuts and poppy seeds believed on preliminary inquiry to have been smuggled from Myanmar. Searches of locked, unattended godowns near the Indo-Myanmar border recovered the commodities, while interception of two trucks carrying poppy seeds without valid import documents led to seizure of the consignments and vehicles. Four persons connected with transportation of the poppy seeds were arrested.
September 25, 2026
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Industrial control system cybersecurity certification validates system-level protection across wind farm controls, networks, and lifecycle security services.
IEC 62443-3-3 Security Level 2 certification applies to a wind farm control system covering SCADA, PPC, PLC and industrial network devices. It assesses system-level security requirements, including the interaction of components, networks and security mechanisms within an overall industrial control environment. The cybersecurity framework also spans secure development, certified core control components, system-level protection, and security integration and maintenance services across the lifecycle of wind energy technologies.
September 25, 2026
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Foreign exchange reserve composition reflects a weekly decline driven by foreign currency assets despite a modest gold increase.
India's foreign exchange reserves declined by USD 14.881 billion to USD 765.901 billion for the week ended 18 September 2026. The contraction was principally driven by a reduction in foreign currency assets, which also reflect valuation effects from movements in non-US reserve currencies. Gold reserves increased, while Special Drawing Rights decreased and the reserve position with the International Monetary Fund remained reported separately.
September 25, 2026
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Five-day banking proposal remains under consideration amid strike plans and measures for uninterrupted banking and advance disbursements.
Five-day banking remains under governmental consideration, with no Finance Ministry commitment to implementation. Unions linked the proposal to the 12th Bipartite Settlement/9th Joint Note, which contemplated extended Monday-to-Friday working hours. Family pension revision and a pension option for resignees were identified as addressed, while withdrawal of the Performance Linked Incentive scheme remains in abeyance. Public sector banks were instructed to remain open on the preceding Sunday, and central government salaries, wages and pensions were directed to be disbursed in advance.
September 25, 2026
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Alternative fuel transition promotes ethanol, electric and hydrogen mobility to reduce imports, pollution, and strengthen farm income.
Alternative-fuel and public-transport measures seek to reduce dependence on imported petroleum, curb air pollution, and support farmer income and employment. Ethanol is positioned as a farm-income source through increased demand and returns for maize growers, alongside electricity, hydrogen and waste-derived CNG. Development and introduction of flex-fuel vehicles, using engines capable of operating on ethanol, electric tractors, hydrogen-powered vehicles and hydrogen buses form part of a cleaner-mobility strategy.
September 25, 2026
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Foreign-exchange market intervention expectations supported rupee appreciation amid improved risk sentiment, while importer demand and crude prices constrained gains.
Foreign-exchange market conditions supported a 19-paise appreciation of the rupee to 95.80 against the US dollar, aided by improved global risk sentiment and expectations of Reserve Bank intervention. Dollar demand from importers, high crude prices and US dollar strength constrained gains. Lower crude prices and dollar weakness could support the rupee, while geopolitical escalation may create pressure. Market participants expected intervention if the currency weakened toward 96.
September 25, 2026
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Credit health assessment combines score, repayment history, utilisation, accounts and enquiries to support informed borrowing and profile monitoring.
Credit health is broader than a numerical credit score and encompasses the way credit has been managed over time. Credit analysis requires a combined review of the score, repayment history, credit accounts, credit utilisation, credit history and credit enquiries. A credit report may identify management of EMIs and credit-card dues, existing borrowing obligations, use of revolving credit relative to available limits, and recent lender checks associated with credit applications. Incorrect or unfamiliar entries may be reviewed and, where necessary, raised with the relevant lender or credit bureau.
September 25, 2026
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Fuel-price mitigation measures use tax reductions, targeted subsidies and energy-security policies to ease pressure on households and energy-intensive industries.
European fuel-price intervention combines targeted subsidies, fuel-tax reductions, temporary regulatory flexibilities and energy-security investment to moderate the economic effects of sharply higher gasoline and diesel prices caused by disrupted supplies. Member States have temporary discretion to grant state aid to households and energy-intensive sectors, including agriculture, transport and fishing, and limited flexibility under EU spending rules for investments that improve energy security and reduce dependence on imported fossil fuels.
September 25, 2026
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AI management certification anchors responsible lifecycle governance, transparency, accountability, security, and human oversight for agentic loyalty systems.
ISO/IEC 42001:2023 certification applies to an Artificial Intelligence Management System governing AI development, deployment, oversight and continual improvement within the GRAVTY platform. The framework supports AI-related risk management, responsible governance, transparency, accountability, security and human oversight throughout the AI lifecycle. Its scope includes supervised and unsupervised learning models and large language models supporting personalised engagement, fraud management, loyalty intelligence, autonomous decision-making, operational automation and workflow support.
September 25, 2026
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Digital warehousing controls propose electronic tracking, secure transport, monthly returns, and risk-based compliance verification for warehoused goods.
Draft Warehousing Operations Regulations, 2026 would require public and private warehouse licensees to use the electronic portal and a digital warehouse management system for receipt, storage, transfers, removals and accounting of warehoused goods. Transport would generally require a one-time-lock and transit-risk insurance, subject to specified exemptions. Licensees would verify locks and goods, report discrepancies, maintain auditable electronic records, submit monthly returns, and permit removals for home consumption or export only upon electronic clearance orders. Non-confirmation, discrepancies and contraventions would trigger information demands, risk-based verification and action under the Customs Act.
September 25, 2026
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Technology risk governance requires banks to retain accountability, test resilience, and govern artificial intelligence before scaling financial services.
Technology risk governance must treat technology architecture as a first-order enterprise risk, alongside conventional financial risks, because the availability and integrity of core banking, payments, onboarding, credit, fraud-monitoring and reporting systems determine whether customers can access essential financial services. Banks may outsource technology functions but retain accountability for access controls, concentration, recoverability, data protection and exit options. Effective resilience requires secure architecture, asset visibility, timely remediation of vulnerabilities and legacy systems, identity and access management, effective controls, third-party oversight, post-incident learning, and regular recovery testing.

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India Fintech Forum Flagship Event IFTA Focused on BFSI Concludes its 10th Edition; Launches Mentorship Program Mentor Chronicles

December 12, 2025

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Mumbai, Maharashtra, India (NewsVoir) • Digital mentorship program is aimed at early stage founders to handhold them in navigating product, compliance and market challenges • The program will create an indexed library of recurring founder challenges and practical responses across payments, lending, wealthtech, insurtech, regtech and embedded finance. • Program commences in Jan 2026 • The IFTA platform also concluded its fintech awards initiative with Sahi winning Fintech Startup of the Year and Pine Labs winning Excellence in Payments award • 3rd edition of Fintech Olympiad registered participation from 70,000 students from over 4000 colleges pan India The India FinTech Forum concluded the 10th edition of the India FinTech Awards (IFTA) on 10 December 2025 at Aurika, Mumbai. Supported by Association of Mutual Funds in India (AMFI), State Bank of India (SBI) and Indian Clearing Corporation Limited (ICCL), this year’s event brought together policymakers, financial institutions, technology firms, and investors for discussions on regulatory priorities, digital infrastructure, and sector trends. Sougata Basu, Founder, CashRich, said, “As an Executive Committee Member of India FinTech Forum and the Founder of Fintech Olympiad, I am proud that the India FinTech Awards (IFTA) has become the only fintech event in India to achieve a continuous 10-year journey. This milestone reflects the trust of our fintech community and the growing strength of the ecosystem. With 70000+ participants, the Fintech Olympiad has become a uniquely impactful initiative that builds financial literacy and digital fluency for India. Together, these efforts show how India is shaping the future of finance.” The multi-track event featured keynote addresses from Mr. Ashwini Kumar Tewari, Managing Director, State Bank of India; Mr. Vishal Kapoor, Chief Executive Officer, Bandhan AMC Limited; Shri Ashishkumar Chauhan, MD and CEO, National Stock Exchange of India (NSE); and Ms. Vaisshali Babu, Managing Director and CEO, ICCL. Their remarks covered developments in banking, capital markets, asset management, and market infrastructure, with a shared focus on stability, governance, and the role of technology in strengthening financial systems. The India FinTech Forum announced the launch of Mentor Chronicles Fintech Edition at IFTA 2025, introducing a structured digital mentorship series aimed at early-stage founders navigating product, compliance, and market challenges. The initiative responds to a tougher operating environment marked by higher customer acquisition costs, longer compliance cycles and intensified investor scrutiny. The programme collects and curates real founder questions, which are then addressed in focused conversations with experienced operators, investors and sector specialists. Positioned as a long-term knowledge resource, Mentor Chronicles will create an indexed library of recurring founder challenges and practical responses across payments, lending, wealthtech, insurtech, regtech and embedded finance. Beginning January 2026, selected founders will participate, with organisers with an objective of not just funding access but sharper decision-making, better product prioritisation and improved regulatory preparedness. The Forum noted that as the fintech sector enters a phase of consolidation and compliance-driven growth, accessible and experience-led guidance has become a critical gap the programme aims to fill. The Forum received over 1,500 applications for IFTA 2025. Shortlisted firms showcased solutions in payments, lending, compliance, insurance, and wealth management, with a jury assessing them for relevance, impact, and scalability. The event also featured the Fintech Olympiad, aimed at strengthening financial and digital literacy among students. Organisers reported rising participation and noted that early exposure to payments, savings, risk, and digital finance is increasingly important as the sector grows. 70,000 students from across the country registered for the Fintech Olympiad from 4000+ colleges. Around 120 students were shortlisted over 10 online and 21 Regional Rounds for the National Finals held in Mumbai at IFTA. IFTA 2025 also announced winners of the year across categories. Winners at IFTA 2025: 1. Fintech Startup of the Year: Sahi 2. Fintech Rising Stars: Riskcovry, SaveIN, OnFinance AI, Navanc Data Sciences 3. Fintech Scaleup of the Year: Timble Technologies 4. Most Innovative Fintech Product: Fam 5. Best Innovation in Digital Lending: GetVantage 6. Best International Fintech in India: Valocity 7. Best Fintech Initiative For Social Impact: Spice Money 8. Excellence in Payments: Pine Labs 9. Best Use of AI in Fintech: GreyLabs AI 10. Best Innovation in RegTech: CAMS 11. Best Innovation in WealthTech: Aspero 12. Excellence in InsurTech: Perfios 13. Best Technology Company for Fintech Solutions: Falcon 14. Best Initiative for Financial Literacy: PayNearby The winners of the National Finals of the Fintech Olympiad 2025 were announced during IFTA. Students Category: 1. Winner: Tejas Sayli, JBIMS Mumbai 2. 1st Runner up: Dhruv Garg, SRM Institute of Science and Technology, Chennai 3. 2nd Runner up: Dhruv Patel, Tolani Motwane Institute of Management Studies Professionals Category: 1. Winner: Rohan Khanna, Director, Barclays 2. 1st Runner up: Madhur Tike, Data Analyst, Morningstar 3. 2nd Runner up: Shashank Rakesh, Regional Manager, BriskPe About India FinTech Forum: The India FinTech Forum, a nonprofit platform fostering collaboration among over 4,500 companies and 37,000 individuals, remains dedicated to making India a global fintech leader. Since its founding in 2016, the Forum’s flagship event, IFTA, has spotlighted groundbreaking ideas, bringing together fintech startups, investors, and thought leaders. The Forum launched the Fintech Olympiad, a national initiative for digital and financial literacy in 2023. More details at: www.indiafintech.com and www.fintecholympiad.org. (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI

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