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August 18, 2026
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Youth-focused banking requires public sector banks to deliver personalised digital services, financial awareness, and responsible credit engagement.
Public sector banks are urged to implement sustained youth-focused banking through campus outreach, simple personalised round-the-clock services, dedicated youth support and financial awareness. Engagement should develop long-term relationships beyond account opening while preserving prudential standards. Youth should receive guidance on the formal credit ecosystem, including credit scores, credit history, bank credit products and government credit schemes, to support responsible credit discipline and future financial needs. A dedicated portal may provide a single access point for banking awareness and suitable financial opportunities.
August 18, 2026
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Taxpayer service improvement and litigation reduction guide administrative planning for stronger infrastructure, systems, coordination and future tax department functioning.
Improvement of taxpayer services, reduction of tax litigation, infrastructure strengthening and preparation of an actionable roadmap for future Income Tax Department functioning were considered as operational priorities. Deliberations covered e-HRMS, service matters, reservation policy, systems administration, capacity building, expenditure budgeting, TDS administration, inter-agency coordination, and office infrastructure. Officials identified institutional challenges and priorities for strengthening taxpayer-facing and internal departmental functions.
August 18, 2026
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Duty-free UK market access strengthens export opportunities for Indian goods and services, supporting MSMEs, agriculture, manufacturing and global value-chain participation.
India-UK Comprehensive Economic and Trade Agreement provides duty-free access to the UK market for nearly all Indian exports and may improve the competitiveness of Haryana's manufacturing, agricultural, MSME and services sectors. Preferential access covers products including textiles, engineering goods, auto parts, processed foods and pharmaceuticals, while agricultural exports remain subject to exceptions for sensitive products. The agreement also provides market access across 137 UK services sub-sectors, supporting IT, digital, professional, financial and technical services and facilitating global value-chain participation.
August 18, 2026
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Youth banking outreach promotes campus engagement, financial awareness, responsible credit discipline and long-term access to formal banking services.
Public sector banks are urged to conduct a month-long "Banking for Youth" outreach campaign from 2 October 2026 for persons above 16 years of age. Outreach through educational and skill-development campuses should combine account opening, financial awareness and direct engagement. Banks should develop tailored youth strategies to build long-term banking relationships. Proposed measures include online learning content, lifestyle-linked benefits, dedicated youth banking support, and awareness of credit scores, credit products and government credit schemes. A dedicated youth banking-awareness portal may serve as a single access point for appropriate banking services and financial opportunities.
August 18, 2026
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Competition approval for Prudential's acquisition of equity shareholding in an Indian life insurer supports the proposed insurance-sector combination.
Competition approval has been granted for Prudential Corporation Holdings Limited to acquire certain equity shareholding in Bharti Life Insurance Company Limited. The acquirer is the holding company for its group's insurance and asset-management operations in Asia and supports operations in Asia and Africa. The target is an IRDAI-licensed Indian life insurer.
August 18, 2026
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Foreign remittance certification due diligence faces nationwide verification targeting shell entities, their controllers, and certifying professionals.
Nationwide verification of suspicious outward foreign remittances targets entities with little or no reported business activity, their controllers, and professionals issuing tax determination certificates. Scrutiny concerns remittances disproportionate to reported turnover, inconsistent with stated purposes, or linked to entities not operating from declared addresses. Form 15CB, or Form 146 under the corresponding framework, requires certifying accountants to assess taxability from books of account and relevant records, supporting tax deduction at source and treaty compliance through due care, diligence and professional judgment.
August 18, 2026
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Fair Price Shop regulation introduces graded stock-shortage penalties, mandatory FIRs for major discrepancies, and restructured licensing requirements.
Fair Price Shop regulation introduces quantity-based penalties for stock discrepancies, ranging from performance-guarantee forfeiture and replenishment obligations to interim suspension, cancellation-related action and mandatory FIR registration for major shortages. Repeated or deliberate diversion or manipulation of public distribution supplies may lead to cancellation, blacklisting and FIR registration. Licensing now includes continuing regular licences and short-term temporary licences, with wider eligibility, points-based selection, card-linked performance guarantees and compulsory approved e-PoS, weighing-scale and iris-scanner use.
August 18, 2026
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Priority sector lending strengthened rural credit access through agricultural, micro-enterprise and weaker-section finance, reinforcing financial inclusion and sustainable development.
Regional Rural Banks expanded rural credit delivery while maintaining strong Priority Sector Lending performance during FY 2025-26. Almost all Regional Rural Banks met the prescribed overall priority-sector target. Agriculture and allied activities remained the largest priority-sector component, with farm credit accounting for nearly all agricultural lending. MSME finance predominantly supported micro enterprises, rural entrepreneurs, artisans and small businesses. Lending to weaker sections and finance for housing, education, renewable energy and social infrastructure promoted inclusive access to institutional credit and sustainable rural development.
August 18, 2026
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Adjustable pallet racking systems support customised, scalable warehouse storage through configurable layouts, safety assessment, installation and lifecycle support.
Adjustable pallet racking systems are configurable warehouse-storage solutions for varied inventory dimensions, weights and product types. They support bulk pallet storage, multi-level picking and high-density configurations through adjustable beams and shelves, load-bearing capacity, structural durability and space-efficient layouts. Storage configurations are customised after assessing inventory dimensions, payload requirements, available space and material-movement frequency, with support for design, installation, inspections and after-sales service.
August 18, 2026
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Domestic consumption expansion targets lower-tier markets through improved retail channels, distribution networks, employment support and household income opportunities.
China has introduced measures to strengthen domestic consumption in counties, smaller cities, townships and rural areas. The measures include upgrading township commercial centres, rural markets and local fairs; encouraging domestic and international brands to establish regional debut stores; and reusing existing land resources to improve services. They also seek better services for elderly persons and children, stronger urban-rural distribution networks, county-level employment and resident income channels. The strategy supports a shift towards household consumption amid weak domestic demand, property-sector pressures and subdued consumer sentiment.
August 18, 2026
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Currency management preserves monetary sovereignty through clean notes, secure logistics, decentralised distribution, durable banknotes, and sustainable cash-cycle operations.
Currency management supports trust in cash and monetary sovereignty through demand planning, secure production, distribution, replacement, and disposal. The Clean Note Policy requires good-quality banknotes to be available in required denominations and locations, with unfit notes continuously withdrawn and replaced. A decentralised Currency Chest network distributes fresh currency, processes returned notes, supports linked bank branches, and operates under licensing, real-time reporting, inspection, and audit requirements. Current priorities include managing uncertain cash demand, improving note durability, and reducing the carbon footprint of the cash cycle.
August 18, 2026
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Independent investigation of alleged dubious transactions requires examination of all six allegations despite prior police conclusions.
Investigation into alleged dubious transactions involving Indiabulls Housing Finance Limited and related entities must cover all six allegations identified by the Enforcement Directorate. The CBI must independently examine five allegations previously reviewed by the Delhi Police Economic Offence Wing, irrespective of its conclusion, and submit a comprehensive report. Further investigation into the sixth allegation depends on the special PMLA court deciding the CBI's pending application, after which the CBI must provide a progress or status report.
August 18, 2026
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Boss scam prevention requires independent verification of payment requests and avoidance of malicious WhatsApp attachments that enable executive impersonation.
Boss scam, or CEO impersonation fraud, uses malicious WhatsApp attachments and impersonation of regulatory officials or company executives to obtain control of WhatsApp sessions and issue fraudulent payment instructions. The alleged network supplied SIM cards, dummy SIMs, WhatsApp accounts and one-time passwords to cyber-fraud operators, illustrating a Cybercrime as a Service model. Preventive measures include avoiding suspicious ZIP, executable, library and APK files and independently verifying all financial-transfer requests.
August 18, 2026
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Floating-rate personal loan prepayment protections prohibit charges and compulsory lock-ins for qualifying individual non-business borrowers from 2026.
Prepayment charges are prohibited for part or full repayment of qualifying floating-rate loans availed by individual borrowers for non-business purposes and sanctioned or renewed on or after 1 January 2026. Compulsory lock-in periods cannot restrict prepayment of such loans. Fixed-rate personal loans may still attract prepayment or foreclosure charges under lender policy and contractual terms. Borrowers should check the loan's rate type, sanction letter, loan agreement and key fact statement, where applicable, and compare applicable charges with potential interest savings before early repayment.
August 18, 2026
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Premium Basmati rice positioning drives Zeeba's packaging refresh and ambassador-led campaign focused on quality, authenticity and domestic expansion.
Zeeba has refreshed its packaging and appointed Chef Vikas Khanna as global brand ambassador to support expansion in India. Its "Aisa Basmati Nahi Dekha" campaign positions the brand around export-quality Basmati rice, consistency, authenticity and a superior culinary experience. Promotional activity will extend across digital, retail and consumer touchpoints. The premium Basmati range is described as carefully sourced, naturally aged and processed according to global quality standards, with emphasis on grain quality, authentic taste, purity and consistency.
August 18, 2026
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Silver-collateral lending creates a formal secured-credit channel for eligible borrowers, subject to regulatory requirements and lender policies.
Loans against silver collateral have been introduced following the Reserve Bank of India's Lending Against Gold and Silver Collateral Directions, 2025, enabling eligible regulated lenders to accept silver as security. The offering provides a formal and transparent credit channel against eligible silver jewellery, ornaments and approved silver coins. It is intended for individuals, proprietors and MSMEs requiring liquidity for personal, business and other legitimate financial needs, subject to lending policies and applicable regulatory requirements.
August 18, 2026
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Healthcare discount membership provides instant savings on out-of-pocket care at participating premium providers without insurance claims or paperwork.
CarePass is a healthcare savings membership card providing instant point-of-billing discounts at participating premium healthcare providers across India. It covers out-of-pocket spending on hospital treatment, diagnostics, dental, vision, dermatology, hair and skin care, and IVF and maternity services, without claim processing, waiting periods or paperwork. Members present a digital CarePass at a participating provider to receive the applicable discount. Four membership tiers offer differing benefits, with higher tiers including tele-consultations and annual health checks. CarePass is a discount membership and not an insurance product.
August 18, 2026
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EXIM operations at Vizhinjam commence with container movement, supported by investor facilitation, infrastructure backing and port-led logistics development.
EXIM operations at Vizhinjam international seaport commenced with the flagging off of two containers after a successful trial export shipment. The state government proposes investor engagement, regulatory facilitation and infrastructure support to expand global export activities through the port. Mission Samudra is to operate as a port-led industrial and logistics development scheme. The deep-water port was developed under a public-private partnership model and had received commercial commissioning certification.
August 18, 2026
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Money-laundering investigation under PMLA expands through searches into alleged consultancy payments linked to CMRL and Exalogic Solutions.
Money-laundering investigation under the Prevention of Money Laundering Act involves fresh searches connected with Cochin Minerals and Rutile Ltd and Exalogic Solutions. The inquiry concerns alleged fraudulent payments made under the guise of IT consultancy services and a purported money trail involving persons allegedly connected with those transactions. The action follows earlier searches and questioning in relation to the same matter.
August 18, 2026
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Recruitment examination irregularities trigger money-laundering investigation into alleged bribery, paper leaks, answer-sheet tampering, and preferential veterinary officer selections.
Money-laundering investigation under the Prevention of Money Laundering Act concerns alleged irregularities in veterinary officers' final selection through a public recruitment examination. Searches covered premises linked to commission officials, alleged intermediaries, the digital evaluation entity, and selected candidates. Allegations include bribery demands, examination-paper leakage, OMR answer-sheet tampering, and facilitation of selection for relatives of commission officials.

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Giridhar Pai Associates Celebrates Six Years of Innovative Pest Management Solutions

December 15, 2025

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Thane, Maharashtra – December 15, 2025 – Giridhar Pai Associates LLP (GPA), a prominent Asian distributor of non-toxic pest management products, proudly marks its sixth anniversary on January 10, 2026. Founded by industry veteran Giridhar Pai, GPA has established a strong foothold in the Asian pest management industry, focusing on sustainable solutions inspired by organic farming principles. A Visionary Journey After 25 years in corporate roles, including a pivotal tenure as a food safety manager and as the business head of India’s largest pest control company, Pest Control India Pvt. Ltd. (PCI), Giridhar Pai embarked on a mission to revolutionise structural pest management (performed inside buildings). Motivated by Masanobu Fukuoka’s renowned book, The One Straw Revolution, he sought to offer pesticide-free alternatives, leveraging his 25 years of experience and contacts in the food and pest control industries. His hands-on experience establishing Pestinct Pro Solutions Pvt. Ltd. in 2007 and growing it into India’s second-largest pest control company over about a decade stood him in good stead in nurturing and growing his own start-up between 2020 and 2026. In partnership with his wife, Padmakshi Pai, Giridhar launched GPA on January 10, 2020, to offer innovative pest management solutions free of chemical pesticides. Starting with a single global partnership, the firm has expanded its product portfolio to include products of seven international partners, serving markets across India and the rest of Asia. GPA operates as a self-funded micro-enterprise using a working capital loan from HDFC Bank and has made significant strides in the domestic market, pan-India, and export markets, with overseas customers in the Middle East, the Maldives, Sri Lanka, the Philippines, and Indonesia. Key Partnerships Fuelling Growth GPA’s first collaboration began in 2020 with Singapore’s Pestroniks Innovations Pte. Ltd. (Pestroniks Innovations), introducing their patented bio-visual enhancer (bio-VE+) technology through the FLYght trap range and the Aedes-X Smart Gravitrap. While FLYght Traps provide effective indoor fly monitoring, aesthetically and unobtrusively, Aedes-X is an outdoor trap that requires only a water top-up to control Aedes aegypti mosquitoes that cause chikungunya and dengue. GPA launched the FLYght One in 2020, the FLYght Duo in 2021, and the FLYght Deco in 2025, and established them as the only India-made UV LED Insect Light Traps, proudly made in India by its partner, Pestroniks Innovations. GPA is Pestroniks Innovations’ leading distributor and has contributed immensely to the design, development and marketing of its FLYght Trap range. FLYght traps are a highly sustainable fly monitoring solution that uses very low energy and feature UV LEDs that last 50,000 years (or more than 6 years). FLYght Traps are a radical replacement to conventional UV fluorescent tube insect light traps (that consume nearly five times the energy of FLYght Traps), require annual fluorescent tube replacement and generate hazardous waste containing mercury. FLYght Traps are glass-free and a perfect substitute for glass fluorescent UV tube containing insect light traps in the food industry, which mandates restrictions in the use of glass in food handling areas. The company’s growth trajectory continued in 2022 with a partnership with Denmark’s RodeXit N.A. ApS, offering India’s first custom-made rodent-proofing solution, the RodeXit All-In-One rodent seal (RodeXit). GPA made India the second country in the world to introduce RodeXit, after the United States of America. RodeXit remains India’s only custom-made rodent-proofing product to eliminate gaps below doors and shutters that mice and rats commonly use to enter buildings. RodeXit has become a revenue generator for Pest Control Operators (PCOs), who now offer rodent-proofing services to their customers. GPA has sold thousands of metres of RodeXit in India and other countries to widely enhance product adoption, far from its country of origin, Denmark. In 2023, GPA expanded its offerings by teaming up with Trece, Inc. (Trece), from the USA, and Fuji Flavours Company Ltd. (Fuji Flavours), from Japan, making their leading stored-product insect (SPI) monitoring tools available to Indian food companies. Pheromone traps are SPI monitoring tools that attract insects through odour and trap them in a sticky glue or oil-like substance. Trece’s Storgard Dome Traps and moth traps are globally the best and are now available with expert guidance on their use through GPA’s expertise. Fuji Flavours New Serrico Trap is a tool used to monitor cigarette beetles in the tobacco, food, and other industries. It has a four-decade legacy as the gold standard of cigarette beetle monitoring. SPI Pheromone traps detect and estimate target insect populations and help improve chemical pesticide application planning by highlighting hygiene deficiencies and areas of pest presence. They lead to lesser pesticide use and contribute to sustainable food industry supply chains. In export containers, pheromone traps are an accepted proof of absence of infestation when the customer receiving the containers finds no insects in the pheromone traps placed in the containers. Looking to the future, GPA collaborated with GIE Media Inc. (GIE Media), a U.S.-based company, in 2024 to distribute reputed pest management reference books across Asia. GIE Media owns the Pest Control Technology (PCT) Magazine and GPA markets GIE Media’s PCT Field Guides as reference books for the pest control industry. In 2025, GPA also launched the eleventh edition of GIE Media’s Mallis Handbook for Pest Control, considered the most important reference book in the pest control industry. More recently, in October 2025, GPA joined forces with Spain’s Barlesa, S.L., to introduce rodent-fill fabric containing steel and poly fibres, used as a rodent deterrent in building gaps. Complementing RodeXit, the rodent-fill fabric (branded Rodent Proof by GPA) provides another revenue-generating opportunity for PCOs to offer rodent-proofing services to building owners. GPA is the only marketer of two custom-made rodent-proofing products, RodeXit All-In-One rodent seal and Rodent Proof fill fabric in India. Another recent partnership with Purdue University (Purdue) in the United States reinforces GPA’s commitment to the continuing education of Asian pest management professionals (PMPs) by distributing the acclaimed Truman’s Scientific Guide to Pest Control Operations. The Truman’s Guide is a textbook for Purdue’s Integrated Pest Management (IPM) courses, the only one of its kind in the world that lets PMPs gain professional credentials remotely through online education. Through its partnership with Purdue, GPA has made the IPM course textbook easily accessible and affordable to Asian PMPs. Adaptable Business Model GPA has successfully implemented a hybrid distribution model that blends direct sales with reseller networks, enabling significant reach in India and across Asia. GPA’s resellers are pest control companies (also called Pest Control Operators or PCOs) that provide pest control services to food and other industries and need GPA’s pest prevention and pest monitoring tools. GPA’s products help its PCO resellers cross-sell to their pest control service customers, generate additional revenue, and reduce operational costs by enabling more effective pest management. GPA emphasises a lean operational approach, outsourcing logistics and operational functions to enhance efficiency while minimising overhead costs. With reliable partners such as DTDC and Indiafilings, GPA ensures timely deliveries through DTDC and compliance with Indian regulations through Indiafilings. GPA’s digital marketing strategy, including a robust website and engaging social media presence aided by Webchirpy (Vheeds Technology Solutions Pvt. Ltd.), has positioned GPA as a thought leader in the pest management domain. A Bright Future Ahead As GPA celebrates six remarkable years, Giridhar Pai envisions an even wider adoption of non-toxic pest monitoring and prevention solutions within the pest control and food industries. The company is set to explore innovative bird-deterrence solutions to address a significant industry challenge. Like its other innovative products, GPA shall launch innovative auditory, visual, and electromagnetic deterrents against pest birds, a major menace across India, for numerous customer segments. Through strategic partnerships and a commitment to sustainability, Giridhar Pai Associates is poised to become the leading distributor of pest management solutions in Asia, reinforcing its non-toxic approach. www.giridharpaiassociates.com https://www.youtube.com/@GiridharPaiAssociatesLLP https://www.linkedin.com/company/giridhar-pai-associates-llp/ [email protected] (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI

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