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    RJD criticises UDF govt's move not to disburse pensions through cooperative banks
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    SBI Life and J&K Bank partner to bring comprehensive life insurance solutions closer to families across India
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    August 9, 2026
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    Direct Benefit Transfer pension disbursement replaces cooperative-bank doorstep delivery, while preserving home payments for beneficiaries unable to use bank accounts.
    Direct Benefit Transfer of social security and welfare pensions to Aadhaar-linked bank accounts is intended to replace cooperative-bank doorstep delivery, except for bedridden and similarly situated beneficiaries. The change addresses delays in remitting undistributed pensions, deficient record updates and reconciliation, duplicate payments, delivery incentives, and compliance with Direct Benefit Transfer norms. Criticism focuses on beneficiary access to linked commercial-bank accounts, possible minimum-balance deductions, exclusion of cooperative banks, and the effect on doorstep-delivery workers.
    August 8, 2026
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    Engineering business growth supported Raymond's first-quarter performance, with export expansion, capacity investment and net-debt-free financial flexibility.
    Raymond Limited reported unaudited first-quarter FY27 growth in total income, EBITDA and profit before tax before exceptional items, while remaining net-debt-free with a net cash surplus. Its Engineering business comprises Precision Technology & Auto Components and Aerospace & Defence. Growth in the former was attributed to export expansion, operating leverage, product mix and cost reductions. Aerospace & Defence growth was linked to production for global OEMs, portfolio expansion and increased capacity, although margins were affected by targeted research and development investment. Forward-looking statements remain subject to regulatory, political, economic and technological risks.
    August 8, 2026
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    Savings account selection requires comparison of effective interest, fees, digital service, access, and individual banking needs.
    Savings-account selection should compare effective interest returns under slab-based rates, recurring operating charges and the customer's actual banking needs. Net value depends not only on advertised rates but also on relevant minimum-balance, card, ATM, alert and transfer fees. Digital reliability, customer support, branch availability and ATM access should be assessed according to the customer's average balance, cash use, transfer frequency, travel patterns and need for in-person assistance. The suitable account is one that matches real banking behaviour.
    August 8, 2026
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    Urban cooperative bank regulation promotes licensing, governance, compliance support and cybersecurity measures to strengthen stability and depositor confidence.
    Urban cooperative banks are encouraged to recognise regulatory support through liberalised branch opening, doorstep banking, demand drafts, life certificates, dedicated regulatory coordination, enhanced gold-loan limits, one-time settlements and progress towards on-tap licensing. Sound governance is material to sectoral stability, while small-borrower lending is presented as a comparatively safe lending segment. The umbrella body can support member banks through technical expertise, compliance assistance, cybersecurity solutions and participation in a security operations centre to strengthen depositor confidence.
    August 8, 2026
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    Korean food export promotion combines buyer consultations, regulatory guidance and consumer experiences to support entry into Indian and South Asian markets.
    Korean food export promotion in India and South Asia combined business consultations with consumer-facing activities. Individual meetings connected Korean exporters with regional buyers and generated memoranda of understanding for products including frozen gimbap, ginseng wine and kombucha. Exporters received on-site guidance concerning non-tariff barriers, including food import customs clearance and certification requirements. Preparatory online sessions addressed import procedures, regulatory matters and consumer trends, while consumer events promoted Korean food through tasting, retail and experiential activities.
    August 8, 2026
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    Illegal immigration enforcement prioritises dismantling entry, documentation and employment networks while requiring citizens to report information through police channels.
    Illegal immigration enforcement involves continuous identification and verification operations, coordination with relevant officials, and confidential investigation of networks facilitating entry, identity documentation, accommodation and employment. Enquiries extend to intermediaries, contractors, Aadhaar procurement and verification practices, rather than focusing only on apprehended individuals. Citizen vigilantism, moral policing and social-media targeting of suspected migrants are discouraged because they may compromise investigations; information should instead be given through proper police channels.
    August 8, 2026
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    Technology, transparency and governance strengthen urban cooperative banks through modern customer services, depositor protection and cooperative-sector support.
    Technology adoption, transparency, sound governance and modern customer services are identified as necessary for urban cooperative banks to remain competitive. Banks are encouraged to join the sector's umbrella organisation and self-regulatory body, which provides capital, information-technology infrastructure and liquidity support. Protection of depositors' money remains a regulatory responsibility, while banks are expected to improve governance, train staff, adopt technology and enhance customer-centric services. Customer prosperity and reduced perception gaps between the central bank and urban cooperative banks are emphasised as measures to strengthen the sector.
    August 8, 2026
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    Authorised Dealer Category-II licensing expands permissible FEMA current account and foreign trade transaction services for cross-border payment customers.
    An Authorised Dealer Category-II approval under the Foreign Exchange Management (Authorised Persons) Regulations, 2026 enables Paul Merchants to undertake additional permissible non-trade current account transactions under FEMA, excluding gifts and donations, and foreign trade transactions within the applicable per-transaction limit. The approval supports foreign exchange and cross-border payment services, including overseas remittances for education, medical treatment, travel, and conference or event participation.
    August 8, 2026
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    Integrated investor claim portal modernisation advances digital KYC, streamlined verification, stakeholder-informed safeguards, and efficient investor claim settlement services.
    Integrated IEPFA Portal 2.0 is proposed to modernise investor claim processing through digital KYC, pre-filled Form IEPF-5, entitlement search, and a simplified e-Verification Report filing workflow. Stakeholder feedback included Aadhaar eKYC address validation, KYC for authorised representatives, entitlement-letter validation checks, bulk DSC and eSign functionality, integration of approved IEPF Form-4 data, lower-value share valuation using NSE and BSE data, and alerts for frequent address changes to prevent fraud.
    August 7, 2026
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    Foreign capital inflows supported the rupee despite geopolitical uncertainty, oil-price pressures, and volatile global market sentiment.
    Foreign capital inflows supported a marginal strengthening of the rupee against the US dollar despite global risk aversion arising from uncertainty surrounding negotiations affecting the Strait of Hormuz. Higher crude oil prices and weak domestic equity sentiment remained relevant pressures. Near-term currency movement was expected to depend on developments in the negotiations, weekend decisions, US employment data, the dollar index, crude oil prices, and the reported increase in foreign exchange reserves.
    August 7, 2026
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    Energy security through diversified sourcing protected fuel supplies during Hormuz disruption and supports domestic exploration and alternative fuels.
    Energy security measures based on diversified crude oil and LPG sourcing, expanded infrastructure, increased domestic LPG production and alternative fuels were presented as maintaining fuel availability during disruption of shipping through the Strait of Hormuz. Domestic resilience is also linked to support for private deep-water oil and gas exploration, opening offshore acreage, and expansion of compressed biogas and ethanol blending. Ethanol-blended petrol testing identified limited contamination instances rather than a systemic issue, while excise duty reductions were described as cushioning consumers against global fuel-price volatility.
    August 7, 2026
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    Credit valuation adjustment framework revises derivative capital requirements through flexible basic approaches, hedge recognition, and risk-sensitive counterparty treatment.
    Credit Valuation Adjustment framework revisions align CVA capital treatment with final Basel III standards. Eligible banks may use the full or reduced basic approach, while banks with an insignificant volume of non-centrally cleared derivatives may calculate their CVA capital charge at 100 per cent of the counterparty credit risk capital charge. The draft also clarifies CVA hedge recognition, introduces risk weights sensitive to sector and credit quality, and separates systematic and idiosyncratic CVA risk in the full basic approach.
    August 7, 2026
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    Leverage ratio framework amendments propose Basel-aligned capital adequacy standards, with public feedback invited on the draft directions.
    Proposed amendments to the leverage ratio framework would revise Chapter VII of the 2025 Commercial Banks Prudential Norms on Capital Adequacy Directions to implement the Basel Committee's Leverage Ratio 2017 Standard. Public comments and feedback on the draft Eleventh Amendment Directions, 2026, are invited until August 28, 2026, through the designated online platform, postal submission, or email.
    August 7, 2026
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    BHAVYA Scheme project selection uses challenge-based evaluation of infrastructure, industrial ecosystems, and policy enablers under prescribed eligibility criteria.
    BHAVYA Scheme Phase-I proposals submitted by State and Union Territory governments will be evaluated and scored under prescribed eligibility and evaluation criteria. Challenge-based project selection considers connectivity and site suitability, quality of core, value-added and social infrastructure in the detailed project report, and the industrial ecosystem and policy enablers. The Scheme guidelines provide for completion of the first-phase selection process within one year from notification.
    August 7, 2026
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    Multilateral trade cooperation preserves developing economies' policy space while advancing MSME finance, diversified value chains and digital services.
    BRICS ministers adopted measures supporting a development-centred multilateral trading system with the World Trade Organization at its core, preservation of Special and Differential Treatment, binding two-tier dispute settlement, and developing economies' policy space for food security and public stockholding. MSME measures include study of an invoice discounting mechanism and credit-assessment principles focused on cash flow rather than collateral. Value-chain measures provide for a GVC Action Plan, technical cooperation, Special Economic Zone cooperation and digitised trade documents, alongside principles for trusted cross-border digitally delivered services.
    August 7, 2026
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    Digital public procurement promotes transparent sourcing, reduced seller charges, competition monitoring and evidence-based spending oversight through an integrated marketplace.
    Government e-Marketplace digitises public procurement through a unified platform promoting transparency, efficiency, good governance and wider supplier participation. Seller-facing measures include reduced transaction charges, exemption of smaller orders, a cap on maximum transaction fees and reduced vendor assessment fees. The platform uses Artificial Intelligence and Machine Learning tools to identify suspected cartelisation, collusion and order splitting, while its digital transactional trail supports expenditure monitoring, identification of inefficiencies and evidence-based policy interventions.
    August 7, 2026
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    Criminal justice, extremist-material regulation and administrative schemes feature in reports on prosecutions, demolition practices, loan waivers and fuel policy.
    Criminal justice reports cover bail and an expedited trial in an assault prosecution, arrest for allegedly sheltering an accused, allegations of rape and murder of a minor, and claimed irregularities in a police recruitment examination. Regulatory developments include a ban on extremist literature associated with proscribed organisations and judicial disapproval of coercive demolition. Administrative coverage includes farmer loan-waiver transfers following Aadhaar authentication and debate over the E20 fuel-blending programme.
    August 7, 2026
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    Foreign exchange reserves rose as foreign currency assets, gold holdings, Special Drawing Rights and IMF reserve position increased.
    India's foreign exchange reserves increased during the week ended July 31, principally because of higher foreign currency assets and gold reserves. Foreign currency assets include US dollar valuation effects arising from movements in currencies such as the euro, pound and yen. Special Drawing Rights and India's reserve position with the International Monetary Fund also increased. The movement followed measures to attract foreign exchange inflows, including an FCNR(B) measure, after earlier reserve declines associated with rupee pressure and dollar sales for foreign exchange market intervention.
    August 7, 2026
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    Farm loan waiver eligibility depends on verified beneficiary status and Aadhaar authentication for direct credit of eligible crop-loan relief.
    The farm loan waiver scheme covers eligible short-term crop loans within the prescribed ceiling and eligibility period. Waiver amounts are credited to verified bank accounts after field verification and completion of Aadhaar authentication. Aadhaar authentication is the operative condition for automatic processing of benefits, while eligibility rules and technical conditions have raised concerns about exclusion of distressed farmers.
    August 7, 2026
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    Corporate agency distribution expands access to life insurance products, supporting insurance awareness, financial inclusion and long-term household financial protection.
    A corporate agency arrangement enables J&K Bank to distribute SBI Life Insurance protection, savings, retirement and child-oriented life insurance plans through its branch network. The partnership aims to improve insurance access, awareness, financial literacy and long-term financial planning for households, particularly in Jammu & Kashmir and Ladakh. It is intended to expand insurance penetration, strengthen household financial protection and support financial inclusion in line with the IRDAI vision of "Insurance for All by 2047".

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      Suraksha Clinic and Diagnostics & United Imaging Launch UAcademy Learning Center For Radiologists at Grand Radiology Meet 2025

      December 16, 2025

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      Kolkata, 16th December, 2025: The radiology market in India is thriving, driven by increasing chronic diseases, an aging population and tech adoption. At the Grand Radiology Meet 2025, organised by Suraksha Diagnostic Limited (Suraksha Clinic and Diagnostics) in collaboration with United Imaging and Medika Bazaar, experts discussed how a radiologist is no longer a person who sees an image and just writes a report. It has come a long way and radiologists need to become good data handlers also. Radiologists pointed out that AI enhances subtle diagnoses that radiologists miss, because of the load of work. AI helps in case prioritisation, but AI will never replace radiologists. Human intelligence and artificial intelligence may go hand in hand to make things much faster and advanced. The Grand Radiology Meet 2025 announced the launch of UAcademy Learning Center, a new platform for clinical skill enhancement and continuous education for radiologists, and unveiled its logo. It is an initiative aimed at strengthening the radiology community and fostering collaboration across the diagnostic and imaging landscape. It brought together over 150 radiologists with a panel discussion on ‘Where Does Radiology stand today?’ and a keynote address on ‘Radiology in Suraksha....present scenario and our vision?, along with the unveiling of the Newsletter. The purpose of the event was to enable insightful reporting through latest advancements in AI and imaging technology, supporting continuous medical education for radiology professionals. The meet brought together the leading imaging and radiology experts from across West Bengal, creating a platform for knowledge sharing, networking and discussions on advancement of radiology practice.

      The panelists discussed how radiology has progressed a lot over time and how cross-sectional imaging has brought in a new paradigm.

      Dr. Srijita Ghosh, Consultant Radiologist at Apollo Gleneagles Hospital, shared: “In present day radiology, theme of sub-specialised radiology has come. Previously the same radiologists used to do everything together, but with advancement of high-tech machines, modalities and so much to read, a specialisation has come up such as a MSK radiologist, so that they can concentrate on that only, the reporting also gets standardised and there is more of clinico-radiological correlation in one’s reports. And one of the operational problems that most of the centres, hospitals have are a shortage of radiologists, as well as an increased requirement for cyber-security. Again there is the advent of tele-radiology which has gone into periphery and many of the peripheral hospitals also are getting the best of radiology reports. MSK imaging has evolved a lot, and as the launch of UAcademy, we will have the first pilot course of MSK organised by Dr. Krishanu Saha.” “Intervention radiology is an integral part of radiology. In medical speciality, the mother specialities are general medicine, general surgery and there are ramifications like neurology, cardiology, muscular skeletal, and rheumatology. However there is no term called general radiology. We are supposed to answer all superspeciality by doing radiology. There is no ramification in radiology. The way gastroenterologists see a patient, they also do endoscopy, colonoscopy and others. They are expanding their horizon, so we should also incorporate intervention in radiology field. There has been a huge paradigm shift in surgical field or medical science to make a surgery safer and easier. There is a growing patient awareness that one does not need a big surgery. In that shift the open abdominal surgery is converted into laproscopy, open heart surgery is converted mostly into angioplasty and now robotic surgery. Thus all efforts are going towards making a surgery a small incidence surgery” shared Dr. Avik Bhattacharya, Vascular and Interventional Radiologist at CK Birla Hospitals and Belle Vue Clinic.

      Experts discussed how ultrasound is the very basic of radiology. In the current times, science has advanced manifold and medical science is not a back-bencher. Experts stressed on how a mechanism should be found out to make the advancement in science affordable to the people at large who are not in a position to afford the luxury of the well-advanced machines. Experts also pointed out how radiology is no longer just imaging, but is successfully avoiding people’s discomfort and many surgeries are being avoided by interventional radiology.

      Unveiling the UAcademy learning centre, representatives from Suraksha Clinic and Diagnostics and United Imaging informed that the new learning center will offer three day courses for radiologists to upskill them. It will provide training programs which offer regular skill-enhancement sessions designed to keep doctors and technical teams updated with the latest technologies, reporting standards and best clinical practices. It will help radiologists to learn advanced applications on high-end radiology modalities and gain hands on experience in doing the same. It will also host expert led seminars that provide deeper insights into emerging trends, case discussions, advanced diagnostic techniques encouraging continuous learning, periodic newsletters featuring expert tips, interesting cases, updates, achievements, and motivational content to boost engagement and professional growth.

      The Grand Radiology Meet 2025 also witnessed the presence of Honorable Justice Ashim Kumar Banerjee (Retd), Chairperson WBCERC, Dr. Sudipto Roy, President of West Bengal Medical Council, Gautam Ghosh, Consultant Radiologist at Suraksha Clinic and Diagnostics, Dr. Viral Parekh, Consultant Radiologist at Woodlands & Ramkrishna Mission Hospitals, Dr. Mousum De, Interventional Radiologist at Fortis Hospitals, Dr. Bibartan Saha, Radiologist at Suraksha Clinic and Diagnostics, Dr. Krishanu Saha, Senior Consultant Radiologist at Suraksha Clinic and Diagnostics, Jitesh Mathur, Chief Revenue Officer, Medika Bazaar.

      Speaking at the Grand Radiology Meet 2025, Dr Krishanu Saha shared: “Our mission is to raise the benchmark in quality of reporting. At Suraksha Clinic and Diagnostics, doctors have the flexibility to choose their preferred modalities based on expertise and comfort, ensuring accuracy, efficiency and a better reporting experience.” Dr. Bibartan Saha opined: “Radiology stands today as a rapidly evolving, pivotal field in medicine, moving beyond just image interpretation to become central to diagnosis, treatment guidance, and patient monitoring, driven by technology like AI, VR, and teleradiology, while facing shifts towards value-based care, requiring radiologists to expand roles into public health, data analytics, and interventional procedures to maintain leadership.” “Suraksha Clinic and Diagnostics has consistently demonstrated its commitment towards quality diagnostics by investing in world-class infrastructure, skills and expertise. Partnering with global technologies further strengthens this vision, bringing cutting-edge imaging solutions that are powerful, precise and accessible” shared Niren Kaul, Chief Sales Officer, Suraksha Clinic and Diagnostics.

      Sharing his thoughts on the expansion plans of Suraksha Clinic and Diagnostics, Dr. Somnath Chatterjee said: “Suraksha Clinic and Diagnostics has the objective of expanding its footprint by entering three new states with over 50 advanced outlets in the next three years. Each outlet will be designed as a comprehensive diagnostic and clinical center offering state-of-the art technology, expert medical support and seamless patient services under one roof.

      The future of radiology is shaped by AI coupled with technological advancements, patient-centric care. Imaging is not limited to detection, it assists in predicting the development of diseases, helps to create personalized treatment strategies, and tracks responses to treatment procedures. Radiology has also transformed from cloud-based storage to remote reporting, adapting to the ‘anytime, anywhere’ model and becoming more accessible. Tele Radiology supported by 5G translates to scans being sent, read and reported in real time, reducing turnaround times. However challenges include regulatory obstacles for AI approvals, ethical concerns surrounding automation, and cybersecurity risks in cloud based systems.

      Artificial intelligence is a significant part of the present radiology scenario, assisting with scan triage, which prioritizes urgent cases, detection of anomalies, and further helps to increase reporting efficiency. Teleradiology, supported by faster networks, helps in bridging the gap in underserved or rural areas by enabling remote reporting and access to global specialists. In the radiology landscape, AI is not going to be a replacement for radiologists but will become an aid for accurate and faster report delivery.

      About Suraksha Clinic and Diagnostics Established in 1992, Suraksha Clinic and Diagnostics, one of the leading diagnostic centres in Eastern India, stands today as the third largest diagnostic brand in both pathology and non-pathology services, reflecting its strong nationwide presence and trust. It has grown into a prominent diagnostics provider, offering a comprehensive range of over 2,300 tests across pathology, radiology, and medical consultancy services. The company operates a central reference laboratory, nearly eight satellite laboratories, 65 advanced outlets across 4 states, and around 166 sample collection centres across West Bengal, Bihar, Assam, and Meghalaya. Suraksha’s commitment to technological advancement is evident in its adoption of AI-enabled smart labs and digital platforms, streamlining operations and enhancing patient care.

      The extensive reach of Suraksha Clinic and Diagnostics supported by cutting edge technology and expert medical teams, ensures that high-quality diagnostics are accessible to millions with reliability, accuracy and excelence.

      (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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