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

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JSW MG Motor India Launches the All-New Hector – A Striking Fusion of Elevated Design, Advanced Technology & Refined Comfort; Priced Starting at INR 11.99 L in Hyderabad

December 17, 2025

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JSW MG Motor India & Automotive MG launched the all-new Hector at Automotive MG Showroom at Bowenpally, Hyderabad by actor Nikhil Siddhartha, senior officials from JSW MG Motor India, Sudhir Kataria, Head – IT, Abhinay Akula, ASM, and Neeraj Gurram, CEO, Automotive MG Hyderabad, December 16, 2025: JSW MG Motor India has announced the launch of the All-New MG Hector, marking a significant step forward in bold design, unrivalled comfort, pioneering technology and dynamic driving experience in the SUV segment at Automotive MG showroom at Bowenpally, Hyderabad. The All-New Hector features a striking exterior with a new front and rear bumper design, an all-new grille design, new alloy wheels, and offers two new colours - Celadon Blue and Pearl White. The interiors sport Dual Tone Ice Grey Theme in the 5-seater trim and Dual Tone Urban Tan for the 6 and 7-seater trims, creating a more premium and inviting cabin ambiance. The All-New MG Hector range comes at a starting price of INR 11.99 lakh (Ex-Showroom). The All-New MG Hector features the new Aura Hex Grille, a bold hexagonal structure that symbolises strength and precision. Adding to its confident road presence are the newly designed Aura Sculpt Bumpers at the front and rear, shaped to deliver a muscular, assertive stance from every angle. The SUV also sports the dynamic Aura Bolt Alloy Wheels, strong and expressive alloys designed to convey power even at standstill. Two contemporary new exterior colours, Celadon Blue and Pearl White, further elevate its modern design appeal, making The All-New Hector more stylish and attention-grabbing than ever. Speaking on the launch, Anurag Mehrotra, Managing Director, JSW MG Motor India, said, “The Hector was our maiden nameplate and quickly became synonymous with the MG brand, emerging as one of India’s most loved SUVs with 1,50,000 customers since its debut. With the All-New MG Hector, we take this legacy a notch higher by enhancing its design, comfort, and technology, offering an unmatched value proposition. We believe truly advanced mobility should not be an exclusive luxury reserved for the few. With this superior package, The All-New MG Hector will further democratize technology while setting a new benchmark for what a premium SUV can deliver.” Commenting on the launch, Rajiv Sanghvi, Executive Director, Automotive Manufacturers Private Limited, said, “We are delighted to introduce the all-new MG Hector, with its bold new Aura Hex grille, India’s largest 14-inch portrait infotainment screen and advanced i-SWIPE touch gesture controls, the new Hector elevates the premium SUV experience. We are confident that this launch will further excite customers and strengthen Automotive MG’s position in the premium SUV segment.” Key Features of All-New Hector • First-in-segment: All-new i-SWIPE Touch Gesture Control with Smart Boost technology • Striking new Aura Hex Grille elevates the Hector’s road presence • Bold Aura Sculpt Bumpers deliver a bolder, more assertive stance • Dynamic Aura Bolt Alloy Wheels embody more power and style • Two new colourways debut: Celadon Blue and Pearl White, with new interiors • 100% funding support for both ‘On-road Price’ and Accessories • Unique car ownership program "MG SHIELD; standard 3+3+3 package, including three-year warranty with unlimited kilometers, three years of Roadside Assistance, and three labour-free periodic services The plush interiors of the All-New MG Hector will now offer two new colour themes- Dual Tone Urban Tan for the 6 and 7-seater variants, inspired by modern urban aesthetics to create a warm, upscale, and inviting ambiance, and Dual Tone Ice Grey for the 5-seater variant, featuring a sleek black-and-grey palette that delivers a refined and tech-forward environment. The theme and interiors are further elevated with Hydra Gloss Finish Accents, with hydrophobic black-blue inserts that add depth, elegance, and long-lasting durability. Complementing this elevated design are fabric inserts on the seats and Leather Pack*: dashboard, doors and console, Front Ventilated Seats, Telescopic & Tilt, Adjustable Steering and 6-Way Power Adjustable Driver Seat, enhancing comfort while maintaining a perfect balance of craftsmanship and everyday practicality. The All-New Hector’s infotainment experience with its largest-in-segment (14-inch) HD portrait touch screen receives a significant performance boost through Smart Boost technology, offering enhanced processing for a smoother, faster, and seamless interface. The system’s responsiveness ensures an effortless and premium digital experience. Adding to this is the all-new and first-in-segment i-SWIPE Touch Gesture Control, enabling intuitive multi-touch operations such as two- and three-finger swipes for AC, music, and navigation. The innovative Digital Bluetooth® Key and Key Sharing capability* along with Predictive Maintenance Alerts, a first in the segment, Remote AC Control, offers enhanced convenience. This smartphone-like interaction elevates convenience and driving pleasure. The Full Digital Cluster with a 17.78 cm Embedded LCD Screen provides a modern and intuitive driver interface. The All-New Hector also elevates safety and convenience for its users with the 360° HD Camera with Wheel View, offering complete surround visibility along with tyre-level perspective to simplify tight parking and manoeuvring. This also boosts practicality and visibility while ensuring complete surroundings awareness right down to the tyre level. The All-New Hector also comes loaded with standard safety features such as ABS, EBD, ESP, TCS, Hill Hold Control and Brake Assist. With these enhanced features and 1.5L Turbocharged Petrol engine (CVT & MT) offering 143 PS Power and 250 NM Torque, make The All-New Hector more stylish, intelligent, powerful and future-ready than ever. Launched in 2019 as India’s First Internet Car, the MG Hector continues to raise the bar with a compelling combination of tech, safety, and style. It boasts best-in-class features such as a dual-pane panoramic sunroof, an immersive 35.56 cm (14-inch) HD infotainment system, 8-colour Ambient Mood Lighting and MG’s advanced i-SMART connected technology with 70+ features, and an advanced ADAS suite, offering a truly intelligent and distinctive driving experience. For added convenience, The All-New Hector also features Push Button Engine Start/Stop with a Smart Key and Anti Theft Immobilisation. It also offers automatic powered tailgate, air purifier with PM 2.5 filter, rain sensing wipers, Remote Control for Audio, AC & Mood Light in i-Smart App and front parking sensors. Available across multiple trims and seating configurations, The All-New Hector delivers enhanced comfort, smarter convenience, and elevated safety - making it a compelling choice for today’s SUV buyers. The All-New Hector can also be purchased at 100% On Road Price funding with a tenure up to 84 months / 7years. Additionally, customers can also avail 100% funding support on the accessories of the new SUV. The All-New Hector comes with the unique car ownership program "MG SHIELD," offering after-sales service options. Customers will also benefit from the standard 3+3+3 package, including a three-year warranty with unlimited kilometers, three years of Roadside Assistance, and three labour-free periodic services. The owners of The All-New Hector can also customize their coverage by extending the warranty or roadside assistance or opting for the Protect plans, the company's pre-paid maintenance packages for added peace of mind and a stress-free ownership experience. About JSW MG Motor India SAIC Motor, a global Fortune 500 company with a presence in over 100 countries and JSW Group (India's leading conglomerate with interests across B2B and B2C sectors) formed a joint venture - JSW MG Motor India Pvt. Ltd. in 2023. The joint venture aims to build a smart and sustainable automotive ecosystem while staying focused on developing a diverse portfolio of vehicles to give car buyers better access to advanced technologies and futuristic products with attractive value propositions. JSW MG Motor India Pvt. Ltd. is committed to introducing world-class technology, strengthening the manufacturing landscape, bringing the best of innovation across its business operations, and generating significant employment opportunities through extensive localisation. About Morris Garages Founded in the UK in 1924, Morris Garages vehicles were world-famous for their sports cars, roadsters, and cabriolet series. MG vehicles were much sought after by celebrities, including British Prime Ministers and even the British Royal Family, for their styling, elegance, and spirited performance. The MG Car Club, set up in 1930 at Abingdon in the UK, has thousands of loyal fans, making it one of the world’s largest clubs for a car brand. MG has evolved into a modern, futuristic, and innovative brand over the last 100 years. Its state-of-the-art manufacturing facility in Halol, Gujarat, has an annual production capacity of 1,00,000 plus vehicles and 6,000 direct and indirect employees. Driven by its vision of CASE (Connected, Autonomous, Shared, and Electric) mobility, the innovative automaker has augmented across-the-board ‘experiences’ within the automobile segment today. It has introduced several ‘firsts’ in India, including India’s first Internet SUV – MG Hector, India’s first Pure Electric Internet SUV – MG ZS EV, India’s first Autonomous (Level 1) Premium SUV – MG Gloster, the Astor- India’s first SUV with personal AI assistant and Autonomous (Level 2) technology, MG Comet – The Street-Smart Car and India’s first Intelligent CUV, MG Windsor. Website: http://www.mgmotor.co.in Facebook: https://www.facebook.com/MGMotorIN Instagram: https://instagram.com/MGMotorIN Twitter: https://twitter.com/MGMotorIn/ LinkedIn: https://in.linkedin.com/company/mgmotorindialtd About Automotive Manufacturers Pvt. Ltd. (AMPL): AMPL - one of the country's largest spread automobile retail conglomerates - with a rich experience of 75+ years, operates through 720+ automobile touchpoints across 20 states supported by a dedicated team of over 18,000 expert professionals. The group provides exceptional service and upholds high standards of professionalism. AMPL represents a diverse spectrum of auto segments, including 18 brands in passenger vehicles, light and heavy commercial vehicles, and construction equipment. Automotive MG Email - [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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