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    GeM Completes a Decade of Transforming Public Procurement with Cumulative GMV Exceeding ₹20 Lakh Crore
    NEWS HIGHLIGHTS
    India's forex kitty swells by USD 10.5 bn to USD 692.87 bn
    Rs 5,000 cr credited to 6.22 lakh Maharashtra farmers so far under loan waiver scheme: Fadnavis
    SBI Life and J&K Bank partner to bring comprehensive life insurance solutions closer to families across India
    DRI intensifies vigil along India's North-Eastern Frontier
    Vijayan slams Kerala govt's move to end doorstep pension delivery through cooperative banks
    Kerala to stop welfare pension delivery through cooperative banks, shifts to DBT
    China's exports slow slightly in July despite robust demand for high-tech products
    India successfully concludes the Tenth BRICS Industry Ministers' Meeting in Jaipur under its BRICS Chairship 2026
    APEDA Organises BIOFACH INDIA 2026 to Promote India's Certified Organic Products and Expand Global Market Access
    RBI bars banks from disabling mobile devices of defaulting borrowers
    Par panel for early conclusion of India-US trade pact, tariff exemptions on key goods
    No commitments relating to ethanol import from US for fuel blending under FTA talks: Govt
    No concession or commitment on import of Ethanol for fuel blending from the United States
    Office of the Controller General of Patents, Designs and Trade Marks Announces Tentative Schedule for Patent and Trade Marks Agent Examinations 2027 a...
    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
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    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".
    August 7, 2026
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    Cross-border smuggling controls target narcotics, poppy seeds and areca nuts entering through the Indo-Myanmar border region.
    Cross-border smuggling enforcement targeted methamphetamine, foreign-origin poppy seeds and areca nuts allegedly brought from Myanmar. Methamphetamine concealed in an ambulance was seized under the NDPS Act, 1985. Poppy seeds and areca nuts recovered in separate operations were seized under the Customs Act, 1962. Poppy-seed imports are restricted to designated countries and require registration to ensure traceability and prevent illicit produce entering legitimate supply chains. The enforcement action addresses circumvention of customs controls and regulated import requirements.
    August 7, 2026
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    Direct benefit transfer for welfare pensions replaces cooperative-bank doorstep delivery, while retaining limited home service for excluded beneficiaries.
    Direct Benefit Transfer for social security and welfare pensions is to be made through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep delivery. Home delivery remains available for bedridden persons and others who cannot be excluded. The change is associated with delays in remitting undistributed amounts, record-update failures, reconciliation issues, duplicate payments, and incomplete Aadhaar-based payment implementation. Concerns have been raised that mandatory bank-account credit may disadvantage beneficiaries dependent on doorstep delivery.
    August 7, 2026
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    Direct Benefit Transfer for welfare pensions replaces doorstep cooperative-bank delivery, while home delivery remains for bedridden beneficiaries.
    Direct Benefit Transfer of social security and welfare pensions is to be made mandatory through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep distribution. Home delivery continues for completely bedridden beneficiaries and others who cannot be excluded. The change addresses delays in remitting undistributed amounts, record-update and reconciliation deficiencies, duplicate payments linked to incomplete Aadhaar-based payments, delivery incentive costs, and the need to comply with Direct Benefit Transfer norms to avoid loss of central financial assistance.
    August 7, 2026
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    Customs trade data show moderating July growth while high-technology exports, vehicles and advanced manufacturing supplies remain strongly supported.
    Customs and trade data showed that China's July export and import growth moderated and its trade surplus narrowed from the preceding month. Typhoon-related port disruptions affected trade flows, but demand for electronics and green technology products supported elevated values. High-technology items, vehicles, electronics and machinery recorded strong January-July export growth, while trade performance varied among the United States, the European Union and Southeast Asia.
    August 7, 2026
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    BRICS industrial cooperation advances MSME, photovoltaic, startup and logistics frameworks alongside resilient trade and digital services collaboration.
    BRICS industrial cooperation under PartNIR was strengthened through a Joint Declaration and institutional measures addressing MSMEs, photovoltaics, startup-led innovation, and resilient transport and logistics. The measures include an SME cooperation framework, Terms of Reference and an Action Plan for photovoltaic industry cooperation, and a startup innovation action plan. Trade discussions focused on the multilateral trading system, MSME participation in international trade, resilient global value chains, and cross-border digitally delivered services within a rules-based trading framework.
    August 7, 2026
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    Certified organic export promotion: BIOFACH INDIA facilitates buyer-seller engagement, certification awareness, traceability discussions and international market access.
    BIOFACH INDIA 2026 promotes certified organic exports by providing a platform for Indian organic enterprises to showcase diverse certified products and engage with overseas buyers through structured Buyer-Seller Meets. Technical sessions address organic certification, traceability, sustainability, quality standards, international regulatory requirements and export-market expectations. The initiative supports quality assurance, international market access, export linkages and sustainable agricultural practices across the organic value chain.
    August 6, 2026
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    Device-based loan recovery restrictions protect essential mobile functions while permitting gradual locking only for lender-financed devices.
    Technology-based recovery mechanisms cannot restrict or disable a borrower's mobile device unless the bank financed acquisition of that device. Where permitted, banks must adopt a gradual approach and preserve essential functions, including incoming calls, SMS access, and emergency SOS features. Regulated entities and service providers must obtain manufacturer or operating-system certification for device-locking technology. Disclosure of borrower or guarantor information to recovery personnel must be limited to what is necessary for loan-recovery duties.
    August 6, 2026
    Show AI Summary
    Bilateral trade agreement negotiations should secure tariff certainty, protect key exports, strengthen supply chains, and support vulnerable small industries.
    An early Bilateral Trade Agreement is proposed to protect Indian interests, secure tariff exemptions for key exports, reduce barriers affecting industrial products, and create predictable trade conditions. Recommended measures include financial and export-credit support for small industries, real-time monitoring of customs requirements, documentation assistance, and timely policy support against tariff and non-tariff barriers. Export strategy should develop knowledge services and critical supply-chain integration, while a National Fund should assist suppliers with redesign, tooling, certification and entry into new global supply chains.
    August 6, 2026
    Show AI Summary
    Ethanol imports for fuel blending remain excluded from trade commitments, with domestic producers continuing to supply the blending programme.
    Ethanol imports for fuel blending remain outside concessions or commitments in India-US trade discussions. Under the Ethanol Blended with Petrol Programme, ethanol procurement is governed solely by domestic policy requirements and is sourced entirely from domestic producers. Claims of existing or intended large-scale ethanol imports from the United States for fuel blending, or of a policy change permitting them, are stated to be baseless.
    August 6, 2026
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    Domestic ethanol sourcing for fuel blending continues unchanged, with no import commitments or concessions involving United States ethanol.
    Ethanol used for fuel blending under the Ethanol Blended with Petrol Programme is sourced entirely from domestic producers, with no imports from the United States for that purpose. No concessions or commitments on importing United States ethanol for fuel blending have been made in trade discussions. Fuel blending and ethanol procurement continue to be governed solely by domestic policy requirements, and claims of a policy change allowing large-scale imports are incorrect.
    August 6, 2026
    Show AI Summary
    Patent and trade marks agent qualification examinations require written-paper minimums, aggregate passing scores, and viva voce assessment for registration.
    Patent and trade marks agent examinations comprise an objective Paper I, a descriptive Paper II and a viva voce assessing suitability to practise before the Intellectual Property Office. Candidates must secure the stipulated minimum marks in each written paper and the required aggregate score to pass. Registration in the relevant Register of Patent Agents or Register of Trade Marks Agents is available only to candidates who satisfy all prescribed eligibility conditions and qualify the examination.
    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.

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      Reviving the Past with AI: How Old Photo Restoration and Image Extenders Are Redefining Memory Preservation

      December 16, 2025

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      Photographs are more than images; they are fragments of personal history, cultural identity, and emotional connection. Every old print tucked inside a family album or stored in a wooden box carries a unique story. Some photos capture joyful celebrations, others show quiet everyday moments, and many document the faces of loved ones who are no longer here. But time, unfortunately, is unkind to physical photographs. The paper yellows, ink fades, corners tear, and environmental exposure erodes the clarity that once defined these memories. What was once a vibrant portrait becomes a blurred or damaged snapshot of the past. Today, artificial intelligence has introduced a remarkable solution to the fragility of printed memories. AI-powered old photo restoration online free and AI image extender have become powerful tools that allow people to restore, rebuild, and even enhance historical photos. These technologies not only revive details long lost to time but also expand images in ways that preserve integrity while adapting them for modern uses. Through restoration and extension, AI is reshaping the way families, archivists, and businesses preserve visual heritage.

      Understanding the Purpose of Old Photo Restoration The Natural Decline of Physical Photographs Even when stored in ideal conditions, physical photographs deteriorate gradually. Heat and humidity accelerate chemical reactions in the paper and ink. Dust, oils from handling, and friction cause scratches and smudges. Folds or creases distort backgrounds and faces. Excessive sunlight fades images until once-distinct edges blur into indistinguishable shapes. Some photos even lose entire sections because of mold, water damage, or simple wear and tear.

      Old photo restoration exists to counter these effects. It aims to bring damaged or faded images back to life by repairing imperfections, rebalancing color and contrast, and reconstructing missing details. Traditionally, this required trained artists manually retouching each image. While highly effective, it was slow and costly, limiting access for many families and organizations.

      How AI Restores Photos with Unprecedented Accuracy Artificial intelligence has transformed photo restoration by automating complex repair work. When an old image is uploaded into an AI restoration tool, the system analyzes its structure pixel by pixel. It identifies damage such as cracks, stains, wrinkles, graininess, and missing fragments. It also evaluates lighting imbalances, color fading, blur, and distortion. Using this information, the AI reconstructs a clearer version of the photo.

      Because AI models are trained on vast datasets containing millions of faces, environments, and textures, they understand what a clean, undamaged image should look like. If a face is unclear, the AI can sharpen facial features, restore symmetry, rebuild missing lines, and adjust tones without altering the identity of the person. If a background is damaged, the AI intelligently recreates the scenery in a way that feels authentic to the original time period.

      Restoration becomes both scientific and artistic, driven by data yet grounded in emotional significance.

      How People Use Restoration Technology AI restoration tools are designed to be simple enough for everyday users. Someone scans an old photo or takes a clear picture of it using their phone. Once uploaded, the AI handles everything automatically, repairing decades of damage in seconds. The transformed image is then ready to download, print, store digitally, or share with family.

      This instant accessibility encourages people to preserve entire collections rather than just a few photos. Boxes of aging prints can be revived, digitized, and shared across generations. Families that once believed their history was lost to time can now rediscover faces and moments they had forgotten.

      Why Individuals Depend on Photo Restoration Old photo restoration holds tremendous emotional value for individuals. Many people inherit collections of photos that are fragile, incomplete, or nearly unrecognizable. Restoring these images helps reconnect families with their past. It allows children and grandchildren to see ancestors clearly and understand their lineage more deeply. Restored images can be displayed proudly during family gatherings, memorials, celebrations, or storytelling sessions.

      People also use restoration for digital archiving. Modern life demands that memories be preserved in formats compatible with future technologies. By restoring old prints and converting them into high-quality digital files, individuals protect their stories from being lost.

      Restoration often becomes a bridge between generations, helping preserve identity, heritage, and emotion.

      Why Organizations and Archives Benefit from AI Restoration Institutions such as museums, libraries, historical societies, and news agencies often house vast collections of aging photographs. These images document cultural events, societal transformations, and personal histories. Restoring them helps preserve important narratives that would otherwise fade.

      AI allows these institutions to restore enormous archives quickly without overwhelming manual labor. Once digitized and restored, the images become valuable resources for exhibitions, research, publications, and educational projects. Businesses also use restored images in marketing materials, anniversaries, documentaries, and heritage storytelling.

      Restoration strengthens both historical knowledge and corporate identity.

      Exploring the Role of Image Extenders in Photo Revival Why Many Photos Need Extension Restoration repairs what is already present, but many old photos suffer from incomplete edges or missing areas. Corners may be torn away. Frames may crop images too tightly. Scanners may cut off important sections. Some users may want to adapt a photo to fit a new format—such as a widescreen display, a photobook layout, or a digital frame—without losing the original composition.

      An AI image extender solves these issues by expanding the image beyond its original boundaries. Instead of stretching or distorting the existing content, the AI generates new background, texture, color, and detail that seamlessly matches the original.

      Image extension transforms damaged or constrained photos into complete, visually balanced pieces.

      How AI Extends Images Naturally Image extension begins with the AI analyzing the existing visual elements—the direction of light, the variation in color, the pattern of textures, the lines and shapes within the image. It identifies the logical continuation of elements such as curtains, floors, skies, landscapes, clothing, or walls. Once the AI understands the structure, it generates entirely new content that fits perfectly into the surrounding areas.

      If an old portrait is missing the bottom edge, the AI reconstructs the clothing and background. If a landscape photo is cut off at the sides, the AI expands the scenery to build a wider view. If a group photo has a torn section, the AI restores the missing portion without altering the appearance of the people.

      This intelligent continuation allows even severely damaged photos to regain balance and symmetry.

      How Users Apply Image Extension Users interact with image extenders much like restoration tools. After uploading a photo, they choose which sides of the image they want to extend. The AI processes the request and produces a new image with a broader canvas or reconstructed edges. The user can accept the result or regenerate it for variation.

      This ease of use empowers individuals and designers to adapt any photo for creative or functional purposes. Whether preparing prints, designing layouts, or repairing damage, image extension offers flexibility that aligns with modern digital needs.

      Why Individuals Use Image Extenders Individuals rely on image extension for both sentimental and creative reasons. Old photos that are incomplete can finally be restored to full shape. Family portraits that feel cramped can gain breathing room. Scenic landscapes can be expanded to capture the grandeur intended by the original photographer.

      People creating memory books or digital slideshows find image extension especially useful. Modern printing and display formats often require specific dimensions, and extending an image ensures the entire photo remains intact without cropping out meaningful elements.

      The tool offers artistic freedom and emotional fulfillment.

      Why Businesses and Archives Use Image Extenders Organizations also find tremendous value in image extenders. Archives and museums use them to reconstruct damaged historical materials for display purposes. Publishers extend images to fit magazine layouts or book covers. Marketing teams extend backgrounds to add text, branding, or design elements without covering important subjects.

      Photographers use extension tools when clients request larger prints than the original framing allows. Real estate companies extend property images to make room for descriptive information. In each case, the extender provides practical, professional results that elevate visual presentation.

      The Combined Power of Restoration and Extension Old photo restoration and image extension are especially powerful when used together. Restoration enhances clarity, repairs damage, and revives the emotional essence of the image. Extension completes the composition, expands the visual narrative, and prepares the photograph for modern uses.

      A photo that once seemed beyond repair can be transformed entirely. A torn family portrait can be restored, extended, printed, and proudly displayed. Historical documents can be revived and adapted for exhibitions. Personal memories can be preserved with integrity and shared widely across generations.

      Together, these two technologies transform not just images but the stories behind them.

      Conclusion Artificial intelligence has reshaped how we preserve the past. Old photo restoration and image extension offer powerful, accessible solutions for reviving damaged, faded, or incomplete photographs. They allow individuals to reconnect with their roots, families to preserve cherished memories, and organizations to protect cultural heritage.

      These tools make restoration faster, more accurate, and more affordable than ever before. As AI continues to evolve, the possibilities for reconstructing and enhancing historical images will only expand. With restoration and extension working hand in hand, memories once thought lost can be revived, renewed, and celebrated for generations to come.

      (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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