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    RBI invites comments on the draft “Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026”
    West Bengal seeks 100pc foodgrain, 40pc sugar jute packaging quota at SAC meeting
    RBI clasifies Tata Sons, 16 others as large NBFCs
    Sensex climbs 374 points on buying in Reliance, ICICI Bank; Nifty ends flat
    Insurance Division, DFS Secures 3rd Rank in Group A Category of Grievance Redressal Assessment & Index (GRAI) for June 2026
    VKDL Group’s NPA Bazaar Strengthens India’s Distressed Asset Resolution Ecosystem Under the Leadership of V K Dubey
    Lok Sabha passes bill to authorise govt to permit banks to levy charges on UPI transactions
    Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee August 3 to 5, 2026
    Stock markets edged higher in early trade amid lower crude oil prices, buying in Reliance Industries
    Monthly review of accounts of Government of India upto June 2026 (FY 2026-27)
    DRI busts illegal drug manufacturing unit in Satara district in Maharashtra; two arrested
    CCI approves proposed combination inter alia involving share acquisition(s) and merger of certain entities e.g. AAPC India, Triguna, Caddie, SMPL, Tec...
    Rupee gains 20 paise to close at 95.08 against US dollar post-RBI policy decision
    TN Budget: Revenue deficit at Rs 55,775 crore, fiscal deficit estimated at Rs 1,21,819 crore
    Tatkare slams ‘gungi gudiya’ jibe against Sunetra; Cong says row being exploited for political gains
    RBI invites public comments on Draft Guidelines for ‘on tap’ Licensing of Urban Co-operative Banks
    Pakistan-origin dry dates, routed through UAE, seized at Kandla port
    RBI keeps rates unchanged, retains neutral stance; outlook uncertain on El Nino, geopolitical risks
    Government Notifies Inventory-based Cross-border E-Commerce Export Framework under Foreign Trade Policy 2023
    Customs official among 5 held for smuggling gold of Rs 1.44 crore at Indore airport
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    August 6, 2026
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    Draft NBFC credit-facilities amendments open for stakeholder consultation through designated online and email feedback channels.
    Draft amendments to the Non-Banking Financial Companies credit-facilities framework have been released for public consultation. Regulated entities and other interested stakeholders may submit comments or feedback through the 'Connect 2 Regulate' platform or by email using the specified subject line.
    August 6, 2026
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    Mandatory jute packaging reservations were urged to protect cultivators, mill workers, crop absorption, and environmentally sustainable packaging.
    Mandatory jute packaging reservations were sought to be retained at full coverage for foodgrains and increased for sugar packaging for the forthcoming Jute Year. The submission before the Standing Advisory Committee emphasised absorption of bumper jute output, remunerative prices for cultivators, uninterrupted mill operations, and protection of farm and worker livelihoods. It also stressed that biodegradable jute bags offer an environmentally friendly alternative to HDPE and polypropylene woven sacks, and that dilution of compulsory packaging could undermine plastic-pollution reduction efforts.
    August 6, 2026
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    NBFC Upper Layer classification imposes enhanced regulation and listing obligations, while de-registration applications remain under examination.
    NBFC Upper Layer classification subjects identified large non-banking financial companies to enhanced regulatory requirements for at least five years and requires stock-exchange listing within three years of identification. The framework divides NBFCs into Base, Middle, Upper and Top Layers. Seventeen large NBFCs were included in the Upper Layer list, while Tata Sons' classification remains subject to the pending examination of its de-registration application.
    August 6, 2026
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    Closing auction price discovery may affect benchmark levels differently based on constituent liquidity and concentrated institutional order flow.
    The Closing Auction Session in the equity cash segment uses an auction-based method to determine closing prices of eligible shares with futures and options contracts, aiming to strengthen transparent and robust price discovery. Its effect on benchmark closing levels may differ according to constituent liquidity and institutional order flow. The Reserve Bank of India retained the policy repo rate and neutral stance, indicating that future policy decisions will be data-dependent and influenced by assessment of energy-cost effects on inflation.
    August 6, 2026
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    Public grievance redressal strengthens through monitoring, senior review, workshops, stakeholder coordination, and customer-centric service delivery improvements.
    Public grievance redressal is assessed through the Grievance Redressal Assessment and Index, which analyses grievance categories and disposal. The Department of Financial Services' Insurance and Banking Divisions received third and sixth ranks respectively in the June 2026 assessment. Its framework includes disposal of grievances, random reviews by senior officials, and workshops on effective grievance redressal, supporting best practices, stakeholder coordination, technology use, customer-centric service, and accountable public service delivery.
    August 6, 2026
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    Distressed asset resolution integrates restructuring, insolvency advisory, funding facilitation and digital marketplaces for transparent financial recovery transactions.
    The platform provides integrated advisory, management and transaction-facilitation services for Non-Performing Assets, stressed assets and distressed assets. Its services include NPA resolution, debt restructuring, One-Time Settlements, funding assistance, insolvency and bankruptcy advisory, asset reconstruction, financial restructuring and capital raising. Digital and offline marketplaces facilitate transactions involving distressed assets, receivables and related movable or immovable properties, supported by collaborations with banks, Non-Banking Financial Companies, Asset Reconstruction Companies, corporates and investors.
    August 6, 2026
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    Merchant discount rate framework may permit charges on notified UPI and digital payments through a government notification mechanism.
    The proposed amendment to Section 10A of the Payment and Settlement Systems Act, 2007 replaces the existing income-tax-linked reference with a Central Government notification-based mechanism for electronic payment modes. It removes the current statutory restriction preventing banks and payment service providers from charging Merchant Discount Rate on notified modes, enabling the Government to permit charges for UPI and other digital payments. The policy rationale is to support funding for payment infrastructure and a sustainable revenue model for service providers.
    August 6, 2026
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    Neutral monetary policy stance continues as resilient growth and food-fuel inflation risks require close macroeconomic monitoring.
    The Monetary Policy Committee retained the policy repo rate and continued the neutral monetary policy stance, citing the need to assess evolving growth-inflation conditions. Domestic activity was assessed as resilient, supported by consumption, investment, credit, manufacturing, services and exports, although global uncertainty, energy prices, supply-chain pressures, geopolitical developments and monsoon conditions remain risks. CPI inflation increased mainly because of food and fuel pressures, while underlying inflation remained moderate. The Committee considered that price pressures were not yet generalised and reaffirmed its commitment to align inflation with the target.
    August 6, 2026
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    Closing auction price discovery and a neutral monetary policy stance shaped equity market conditions amid lower crude prices.
    The Closing Auction Session in the equity cash segment introduced an auction-based mechanism for determining closing prices of eligible shares with futures and options contracts, intended to make price discovery more transparent and robust. The Reserve Bank of India retained its neutral stance and left the benchmark policy rate unchanged, pending greater clarity on the inflationary effects of higher energy costs. Future policy decisions were stated to be data dependent.
    August 6, 2026
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    Monthly public accounts review records receipts, expenditure, tax devolution, interest payments, subsidies, and capital spending through June.
    Consolidated monthly accounts up to June 2026 report total receipts of Rs.10,49,243 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution transfers to State Governments total Rs.2,63,336 crore. Total expenditure is Rs.13,57,076 crore, including revenue expenditure of Rs.10,16,818 crore and capital expenditure of Rs.3,40,258 crore. Revenue expenditure includes interest payments and major subsidies.
    August 6, 2026
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    Illicit psychotropic drug manufacture triggered seizure, apprehensions, and investigation into planned trafficking under narcotics control law.
    Illicit manufacture and trafficking of Alprazolam and Diazepam, psychotropic substances regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985, were detected at a clandestine facility. Searches recovered finished and intermediary substances, together with raw materials and reaction mixtures used in manufacture, and the goods were seized under the Act. The manufacturer and an intended buyer were apprehended, with material indicating a proposed transaction for further illicit trafficking. Preliminary investigation indicated prior involvement in illegal drug production and trafficking.
    August 6, 2026
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    Competition approval for hotel-sector consolidation covers share acquisitions and merger of Accor-branded hotel entities into InterGlobe Hotels.
    Competition approval was granted for related share acquisitions and the merger of AAPC India, Caddie, Triguna, Srilanand Mansions, Techpark and Accent into InterGlobe Hotels. The combination involves entities jointly controlled by the Bhatia Family Group and the Accor Group, including hotel-owning and developing entities, hotel management and franchising operations, leasing activities, and captive consultancy and support services relating to Accor-branded hotels in India.
    August 5, 2026
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    Rupee appreciation followed unchanged monetary policy, lower crude prices, weaker dollar and expectations of orderly exchange-rate management.
    The rupee strengthened after the central bank maintained its policy rate and neutral monetary-policy stance. Lower crude oil prices, a weaker US dollar and declining US Treasury yields supported investor sentiment. Earlier measures to attract capital inflows remained part of the framework supporting the rupee, while the central bank stressed its endeavour to preserve an orderly currency trajectory. Future movement was linked to geopolitical de-escalation, global risk sentiment and US economic data.
    August 5, 2026
    Show AI Summary
    Fiscal consolidation through revenue mobilisation and leakage control aims to reduce deficits while expanding capital expenditure capacity.
    Tamil Nadu's Revised Budget Estimates for 2026-27 project a revenue deficit and fiscal deficit, with outstanding liabilities comprising public debt and public-account liabilities. Revenue mobilisation is proposed through improved tax administration, collection efficiency, closure of leakages, liquor-manufacturer privilege fees, and eligible Union grants. The strategy projects gradual deficit reduction to create room for capital expenditure, supported by expenditure reforms aimed at eliminating leakages, optimising expenditure, and improving service delivery.
    August 5, 2026
    Show AI Summary
    Political criticism of public office-holders raises debate over media accountability, personal remarks, and acceptable public discourse.
    Political criticism followed a social-media post describing Maharashtra Deputy Chief Minister Sunetra Pawar as "gungi gudiya" in connection with a press interaction on law-and-order issues in Beed district. Congress representatives stated that the post was not a personal insult, had been deleted after adverse reactions, and was followed by an expression of regret. NCP representatives termed the expression inappropriate and stressed that the principal dignitary should conduct media interactions. Shiv Sena (UBT) representatives described the phrase as not unparliamentary and linked it to criticism of a guardian minister's public responsibilities.
    August 5, 2026
    Show AI Summary
    On-tap licensing for Urban Co-operative Banks enters public consultation through draft guidelines inviting stakeholder feedback.
    Draft guidelines for 'on tap' licensing of Urban Co-operative Banks have been issued for public and stakeholder consultation. Comments and feedback may be submitted until September 05, 2026, through the designated online consultation facility or by written or email submission to the specified regulatory department.
    August 5, 2026
    Show AI Summary
    Prohibition on indirect Pakistan-origin imports targets alleged origin misdeclaration and UAE routing used to circumvent trade restrictions.
    Import prohibition on goods originating in Pakistan applies to direct and indirect imports under the Foreign Trade Policy, 2023. Pakistan-origin dry dates routed through the UAE were allegedly declared as UAE-origin goods for import, and were intercepted under the Customs Act, 1962. Investigation indicated that the goods were first sent from Pakistan to Dubai, re-containerised, and then exported to India. A separate interception involved Pakistan-origin guggul resin allegedly declared as Somali natural resin and routed through Dubai.
    August 5, 2026
    Show AI Summary
    Neutral monetary policy stance keeps benchmark rates unchanged while inflation risks, liquidity management and consumer-protection reforms remain under review.
    Monetary policy maintains the benchmark policy rate unchanged and retains a neutral stance, with future decisions guided by incoming data. The central bank remains committed to aligning headline inflation with its medium-term target while monitoring food, fuel and other input-cost risks. Surplus liquidity will be managed through two-way operations, and the regulatory framework for interest rates on advances is proposed to be harmonised and standardised across regulated entities to improve transparency and consumer protection.
    August 5, 2026
    Show AI Summary
    Export-only e-commerce inventory framework enables seller exports through registered exporters while requiring traceability, timely payments and domestic-diversion controls.
    The export-only inventory framework permits eligible e-commerce entities to export through a registered Exporter-on-Record, which procures goods from Indian Sellers-on-Record against confirmed overseas orders and assumes export and destination-country compliance responsibilities. Inventory must be segregated, digitally traceable and cannot be diverted to domestic sale. The framework requires timely seller payments, visibility of overseas sales and shipment information, proportional pass-through of export rebates and refunds, annual compliance certification and digital records.
    August 5, 2026
    Show AI Summary
    Gold smuggling enforcement targets concealed foreign-origin gold, airport control evasion, and illicit railway transport under customs law.
    Gold smuggling enforcement operations under the Customs Act, 1962 involved alleged concealment and unlawful movement of foreign-origin gold. At an international airport, an alleged syndicate used an airline employee to transfer gold received from arriving passengers outside Customs and immigration controls, with gold disguised as silver-coloured bracelets. A separate railway operation concerned gold concealed in a specially made cloth waist belt and intended for delivery to a jeweller. The actions addressed concealment, evasion of Customs controls, and illicit transport of foreign-origin gold.

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      Transforming Visual Content with AI: The Impact of Watermark Removal and Video Background Removal

      December 16, 2025

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      In today’s digital landscape, content creation has become an essential part of personal communication and business strategy. Whether someone is sharing a short video on social media, producing educational material, or building a brand identity, visual content carries the power to influence how messages are perceived. Clean, polished, and distraction-free visuals have become a standard expectation among viewers, raising the importance of tools that enhance clarity and remove unwanted elements. Among these tools, AI logo remover from Video and AI remove background from video stand out for their ability to improve quality while reducing the amount of manual labor required from creators. Together, these tools represent a major shift in how people produce and refine visual content. They make professional-looking results accessible to anyone, regardless of experience or equipment, and they allow creators to focus on storytelling instead of editing complexities.

      What a Watermark Remover Really Does Understanding the Purpose of Watermark Removal Watermarks exist for a reason. They protect ownership, identify brands, or mark drafts of visual content before final use. However, there are many cases where a watermark becomes an obstacle. A timestamp might spoil the aesthetics of an old family video, a logo may interfere with a design layout, or a text overlay could obstruct important parts of an image. When creators want to repurpose footage for personal, educational, or internal business use, removing the watermark becomes essential.

      A watermark remover provides the ability to erase these elements without damaging the rest of the image or video. It does so by reconstructing what should appear beneath the watermark. Unlike older manual techniques that involved patching, cloning, or carefully blending pixels by hand, AI-driven removers analyze the content holistically. They fill in the missing area in a way that mimics the original texture, lighting, and depth.

      How AI Recreates Missing Visual Information Artificial intelligence has changed the way watermark removal works. When a user uploads their content, the AI identifies the watermark’s shape and boundaries. It then studies the surrounding pixels to understand the environment—textures, shadows, gradients, edges, and even movement in the case of video. Using this information, the AI predicts what the underlying clean version should look like.

      In videos, this process grows even more impressive. The AI compares multiple frames before and after the watermark’s presence. By watching how objects move and how lighting shifts, it reconstructs a new sequence of pixels across all frames, ensuring the removed watermark doesn’t produce flickering or inconsistencies. This ability to interpret and rebuild scenes dynamically results in clean, natural-looking footage.

      How Users Interact with a Watermark Remover The user experience of removing a watermark is intentionally simple. Someone uploads their file, highlights the watermark if needed, and lets the AI handle the rest. Within moments, the tool provides a refined version of the image or video. This workflow is accessible even to users who have never edited media before.

      There is no specialized software to download, no manual frame-by-frame editing, and no steep learning curve. The ease of use is one of the strongest advantages of AI watermark removal, making it suitable for casual users, creators, and professionals alike.

      Why Individuals Benefit from Removing Watermarks For individuals, watermark removal often enhances personal memories and creative projects. Old photographs and camcorder footage frequently contain timestamps embedded directly into the picture. These marks may have been useful decades ago, but they can feel distracting today. Removing them restores the original moment in a cleaner, more timeless form.

      Aspiring creators also benefit from watermark removal. When filming tutorials, vlogs, or travel videos, they may accidentally export drafts with editing software watermarks. Instead of repeating the entire editing process, the watermark is removed in seconds. This efficiency allows individuals to stay focused on producing new content instead of reworking old files.

      Another valuable use is in artistic or school projects. Students can clean media for presentations, and hobbyists can refine footage for digital art without needing advanced editing skills.

      How Watermark Removal Supports Businesses Businesses rely on polished visuals to maintain professionalism. When preparing internal pitches, product demos, or training materials, watermarks can distract from the message. AI watermark removal allows teams to quickly refine assets before sharing them with colleagues or clients.

      Marketing departments benefit even more. During the early planning stage of campaigns, teams often use watermarked stock footage for layout testing. Removing watermarks allows them to preview edits without distraction before purchasing the final licensed version. This helps them make better design decisions and speeds up the creative process.

      Even small businesses benefit from removing watermarks. Local brands producing ads for social media can clean their visuals to create an impression of high production value, even when working with limited resources.

      Exploring the Video Background Remover Why Backgrounds Matter in Video Editing A video’s background plays a major role in how viewers perceive the subject. A cluttered room, inconsistent lighting, or distracting objects can shift attention away from the intended message. Not every creator has access to a professional studio or a perfectly staged environment, which is why video background removal has become a crucial editing tool.

      A video background remover isolates the subject from the surrounding environment, allowing the user to erase, replace, or blur the background entirely. This process eliminates distractions and helps maintain aesthetic consistency across multiple clips, making it extremely valuable for creators, professionals, and businesses alike.

      How AI Segments Video Subjects Accurately AI video background removers use advanced segmentation models to analyze each frame of a video. These models identify the subject’s outline, map body movements, detect hair and clothing details, and recognize environmental elements that belong to the background. Once the subject is detected, the AI separates them from the environment and tracks their motion as the video plays.

      Because the AI understands how the subject shifts through space, it maintains clean edges and prevents flickering or drifting. Even in fast-moving videos, the system preserves the natural motion of the subject while removing the unwanted background. The result is a clean, polished cutout ready for any creative application.

      Using a Video Background Remover in Practice The workflow is simple: the user uploads their video, selects the option to remove or replace the background, and waits while the AI processes the file. After removal, the background can be replaced with solid colors, custom images, branded designs, or transparent layers suitable for compositing.

      The entire process is completed online, without the need for advanced software or green-screen setups. This level of accessibility opens the door for anyone to produce professional-looking videos from home, the office, or even while traveling.

      How Individuals Benefit from Background Removal Individuals use background removal for a wide range of personal and creative purposes. Social media creators often want videos that look clean and consistent, regardless of where they were filmed. By removing the background, they can instantly create a polished and cohesive aesthetic.

      People creating educational content or video resumes also benefit. Instead of filming in a crowded or unprofessional environment, they can place themselves in a simple, elegant backdrop that suits the message. This flexibility reduces anxiety about finding the perfect filming location and helps creators focus on delivering quality content.

      Background removal also enhances personal projects, such as family videos, digital scrapbooks, or creative short films, allowing users to bring imaginative ideas to life without needing elaborate setups.

      How Businesses Benefit from Background Removal Businesses rely on video to engage customers, communicate with staff, and promote their brand. A clean background helps ensure that the subject remains the center of attention. Companies use background removal to create product showcases, explainer videos, onboarding materials, and ads without requiring a physical studio.

      Sales teams record custom video presentations with branded backgrounds tailored to different clients. Marketing teams reuse clips across platforms by swapping out environments to fit each campaign theme. Remote employees maintain a professional appearance during virtual meetings by replacing distracting backgrounds with company-approved visuals.

      The convenience and flexibility of AI-powered background removal reduce production costs and accelerate content creation timelines, making it an essential tool for modern businesses.

      Where Watermark Removal and Background Removal Converge Although watermark removal and background removal solve different types of problems, using both tools together creates a powerful editing workflow. A video might contain logos, timestamps, or text overlays that distract from the subject. At the same time, the background may not suit the creator’s intended purpose. By removing both, users can produce refined visuals that are visually appealing, brand-ready, and highly adaptable.

      Businesses can refresh older content by cleaning watermarks and replacing outdated backgrounds. Content creators can transform imperfect footage into high-quality material suitable for posting or monetization. Educators can upgrade their video lessons with clearer visuals and more relevant environments. The ability to refine both the foreground and background gives users unprecedented control over the final appearance of their content.

      Conclusion The rise of watermark removers and video background removers represents a major advancement in digital editing technology. These tools remove long-standing barriers that once limited creators, streamlining the process of producing clean, professional, and engaging visual content. By reconstructing missing details and isolating subjects with precision, AI empowers individuals and businesses to work smarter and more creatively.

      Personal users gain the ability to restore memories, craft compelling social media content, and experiment with new ideas without technical challenges. Businesses benefit from faster production cycles, consistent branding, and higher-quality communication materials. As AI technology continues to evolve, these tools will become even more powerful, offering greater accuracy and more intuitive features.

      Watermark removal and background removal are no longer specialized techniques—they are essential components of modern visual storytelling. With AI behind them, creators at every level can transform their media into polished, professional-grade content with ease.

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

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