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    China, US hold 'candid, in-depth' talks on tariffs, AI issues ahead of Xi-Trump meeting
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    Conference on “Financing India’s Journey towards Viksit Bharat” concludes in New Delhi
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September 21, 2026
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Tariff sanctions and AI trade consultations examine reciprocal tariff reduction amid energy-purchase measures and objections to unilateral sanctions.
Expanded sanctions and tariff measures form the immediate trade-policy backdrop. The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 authorises expanded sanctions and tariffs targeting Russia and countries that buy its energy exports. China contests the application of tariffs to its purchases and opposes long-arm jurisdiction and unilateral sanctions asserted without a basis in international law or a UN Security Council mandate. Parallel negotiations contemplate a reciprocal tariff-reduction arrangement.
September 21, 2026
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Rupee appreciation in early trade reflects lower crude prices and stronger domestic equities despite dollar demand.
Rupee appreciation in early interbank trading saw the currency strengthen by 24 paise to 95.72 per US dollar. Lower Brent crude prices, gains in domestic equities and improved foreign fund sentiment supported the currency, while importer demand for dollars and broader US-dollar strength limited gains. Market commentary identified a broad near-term trading range, and foreign-exchange reserves declined because foreign-currency and gold reserves fell.
September 21, 2026
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Digital signature compatibility requires updated signing software for newly issued tokens, while functioning existing certificates remain usable until expiry.
Digital-signature users with tokens issued on or after 21 September 2026 must install emSigner v3.3, while users whose existing certificates and tokens function normally may retain their current version. Version 3.3 supports existing tokens and is required where signing fails or certificates cannot be selected despite correctly installed drivers. Certificates downloaded to FIPS 140-2 dongles on or before that date remain valid until expiry; later renewal or fresh issuance generally requires FIPS 140-3 dongles, subject to specified exceptions.
September 21, 2026
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Private capital mobilisation for development financing requires predictable investment conditions, credible projects, fiscal transparency, and strengthened State capital expenditure.
Development financing for Viksit Bharat is framed as a joint Union-State and private-sector task requiring higher savings and investment, fiscally resilient public finances, and mechanisms to mobilise private capital. Fiscal sustainability requires State-wise debt assessments and fuller disclosure of off-budget borrowings, guarantees, arrears and borrowings through State-owned entities. Public resources are expected to play a catalytic role in attracting private investment, supported by predictable rules, enforceable contracts, faster dispute resolution and stronger investment protections.
September 21, 2026
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PMLA-IBC interface examines challenges in harmonising insolvency resolution with money-laundering asset attachment, investigation, tracing and enforcement.
The PMLA-IBC interface addresses reconciliation of insolvency resolution with anti-money-laundering enforcement where corporate debtor assets are attached during resolution. Section 32A is central to this interaction, although harmonised implementation remains challenging. The framework also considers money-laundering stages, hawala transactions, financial investigation, asset tracing, and evolving judicial approaches to aligning insolvency objectives with enforcement measures.
September 21, 2026
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Evolving insolvency law relies on legislative amendments and regulatory mechanisms to respond effectively to changing market conditions.
Subordinate legislation and regulatory mechanisms are important tools for maintaining responsiveness within the insolvency framework. Regulations may be framed for provisions of the Code and for fulfilment of its purposes and objectives, enabling practical responses to emerging issues. The interaction between primary legislation, regulations and market developments supports continuing refinement of insolvency law in line with changing conditions.
September 20, 2026
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Tariff policy and trade truce reshape bilateral engagement as rare-earth leverage limits coercive economic measures.
United States-China trade relations are being conducted through continued tariff policy, prior export restrictions, and a trade truce after escalating tariffs did not achieve their intended effect of changing Chinese economic conduct. China's concentrated supply of rare-earth inputs used in electronics provided negotiating leverage and contributed to the trade armistice. Indications that Chinese goods are routed through third countries to lessen tariff exposure qualify the decline in the bilateral goods imbalance. Continued tariffs have not constrained China's manufacturing expansion or its access to export markets.
September 20, 2026
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Ten-year director tenure cap governs removal of ineligible cooperative bank board members after regulatory review.
RBI required Latur District Central Cooperative Bank to remove directors considered ineligible for exceeding the ten-year maximum tenure applicable to district central cooperative bank directors. The action invoked director ineligibility under the Banking Regulation Act. Following a complaint and a court-directed timeline for regulatory action, RBI sought responses from the concerned directors, seven of whom resigned. An issue was raised over whether the tenure cap could apply retrospectively to appointments made before its stated commencement and whether it was being applied uniformly.
September 19, 2026
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Biometric Aadhaar authentication becomes essential for domestic LPG consumers seeking regulated subsidised refill bookings, while market-price supply remains available.
Biometric Aadhaar authentication is required from October 1 for domestic LPG consumers to book subsidised refills at the regulated retail selling price. Authentication can be completed through delivery personnel, distributor showrooms or designated mobile applications. Consumers unwilling or unable to authenticate may obtain LPG at the applicable market price without subsidy after registering their choice through specified digital channels. The framework distinguishes subsidised LPG linked to Aadhaar-authenticated consumers from market-priced LPG and seeks targeted subsidy delivery, reduced leakage, and prevention of diversion, duplicate connections and ineligible access.
September 19, 2026
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Cooperative bank director tenure limits require disqualification and removal when service exceeds the statutory maximum period.
Directors of District Central Cooperative Banks and Central Cooperative Banks are subject to a maximum 10-year tenure under the Banking Regulation Act, 1949, as amended by the Banking Laws (Amendment) Act, 2025. RBI directed removal of a director ineligible to continue under section 10A(2A)(i), read with section 56, following concerns that directors of Latur District Central Cooperative Bank had exceeded the permitted tenure.
September 19, 2026
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Tariff treatment of Indian exports shifted from reciprocal duties to targeted trade measures, sectoral duties, and specified exemptions.
Upon expiry of the temporary global measure, an India-targeted 10 per cent Section 301 tariff, linked to forced-labour concerns, replaced it; the effective charge for most covered exports remained MFN duty plus 10 per cent. The current regime applies the Section 301 tariff to Indian exports except specified goods, with separate sectoral duties on steel, aluminium and auto components. Smartphones, medicines and energy products are exempt.
September 19, 2026
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PMLA-based FIR request over alleged consultancy payments remains under legal examination amid criticism of non-registration.
Enforcement Directorate sought registration of an FIR concerning alleged fraudulent payments by Cochin Minerals and Rutile Ltd to Exalogic Solutions, represented as IT consultancy fees. The request relied on evidence gathered through investigation and searches under the Prevention of Money Laundering Act. Registration remained under consideration after receipt of the Advocate General's legal opinion, with the Home Department examining the matter.
September 19, 2026
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Free trade agreements expand market access, entrepreneurial partnerships and youth career opportunities alongside public-sector recruitment and development participation.
Free Trade Agreements are presented as mechanisms for expanding cross-border partnerships, market access for entrepreneurs, and career opportunities for young persons. Youth employment is also linked to the expansion of the startup ecosystem beyond major cities and to public-sector recruitment through Rozgar Melas. Newly selected candidates are to join central government ministries, departments and organisations. Public service is framed around citizen-centred administration and decisions supporting a developed and self-reliant India.
September 19, 2026
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AI governance for regulated financial services enables natural-language automation while preserving enterprise security, auditability, control, and scalable deployment.
Assist-Edge enables teams to describe intended processes in natural language and use AI to create, modify, and enhance executable workflows. Working with reusable AI agents and workflows, it supports discovery, customisation, deployment, and scaling of enterprise automation. For banking, financial services, and insurance operations, its use is positioned alongside security, governance, auditability, and control, supporting governed adoption of scalable AI capabilities and movement from isolated experimentation to enterprise-wide intelligent automation.
September 19, 2026
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Recurring token reward distributions connect eligible holdings, platform activity, and partner participation through hourly settlement cycles.
BC Engine permits eligible $BC holdings to participate in hourly settlement rounds distributing BCD rewards. Participants can monitor active balances, cumulative rewards, unclaimed BCD, and settlement history through the Engine interface. Settlement amounts vary with ecosystem activity, while the mechanism links platform activity, token utility, user participation, and commercial partners through repeated value distribution rather than one-time promotional incentives.
September 19, 2026
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Asset monetisation of surplus public land and buildings is accelerated through transparent, value-oriented processes and stakeholder coordination.
NLMC's Board recommended monetisation proposals involving surplus land and building assets valued at over Rs. 5,000 crore. Monetisation is facilitated through asset identification, due diligence, valuation and appropriate process structuring, with emphasis on transparency, efficiency and value realisation. Sustained coordination with asset-owning entities is intended to expedite implementation and support timely, commercially appropriate monetisation of underutilised public assets.
September 19, 2026
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Zero forex markup on credit cards applies automatically to international transactions without conditions while preserving applicable rewards.
Zero Forex Markup applies automatically to international transactions made through all existing and new credit cards, without a new-card application, upgrade, spending threshold or other stated condition. International card spends do not attract forex markup charges. Reward Points or Cashback, where applicable to the relevant card, continue on international transactions. Existing credit cards may be used for overseas and cross-border payments without requiring a separate forex card solely to avoid such charges.
September 18, 2026
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Foreign exchange reserve valuation reflects currency movements as foreign currency assets and gold holdings decline.
India's foreign exchange reserves declined to USD 780.782 billion for the week ended September 11, driven by reductions in foreign currency assets and gold holdings. Foreign currency assets fell to USD 645.796 billion, with their dollar value reflecting movements in reserve currencies against the US dollar. Gold reserves also declined, while Special Drawing Rights increased to USD 18.845 billion. The reserve position with the IMF stood at USD 4.916 billion.
September 18, 2026
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Bulk sugar stockholding limits now allow expanded inventories only where additional supplies derive from designated import channels.
Bulk sugar consumers using more than 10 tonnes monthly as a raw material may hold up to 30 days' requirement instead of 15 days. Holdings above 15 days must consist exclusively of sugar imported under the Tariff Rate Quota or Advance Authorisation Scheme; sugar obtained from the open market remains restricted to 15 days' consumption. Bulk consumers must declare and disclose their sugar inventories every Friday through the food ministry's online portal.
September 18, 2026
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Trade facilitation and digitalisation support regional economic cooperation through simpler customs procedures, paperless exchange, resilient supply chains, and MSME access.
Priority measures included expanded intra-SCO trade, lower trade costs, resilient and diversified supply chains, trusted multimodal connectivity, greater market access, simplified customs processes, paperless trade and electronic document exchange. Digital and cross-border payments and accessible trade finance were identified to enable MSMEs and start-ups to participate in trade and value chains. Ministers agreed an Action Plan for 2026-2030 for further approval and approved regulations for a special working group on creative-economy development.

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BMW presents the sixth edition of Kochi-Muziris Biennale.

December 20, 2025

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Since its very first edition in 2012, BMW has been official partner of the Kochi-Muziris Biennale (KMB). Nikhil Chopra with HH Art Spaces curates ‘For The Time Being’ features 66 artists projects from more than 25 countries. Kochi. Since its very first edition in 2012, BMW has been official partner of the Kochi-Muziris Biennale (KMB). For the sixth Kochi-Muziris Biennale, the Kochi Biennale Foundation is curated by Nikhil Chopra with HH Art Spaces featuring 66 artists projects from more than 25 countries. The biennale opened to public on 12 December 2025 and will last for a period of four months. Mr. Hardeep Singh Brar, President & CEO, BMW Group India said, “The BMW Group India is proud to continue its partnership of the sixth edition of Kochi-Muziris Biennale, a platform that celebrates creativity, dialogue and new perspectives. Art has the power to inspire progressive thinking, and this partnership reflects our belief in innovation that moves both people and culture forward. The Biennale’s spirit of openness and exploration mirrors, BMWs philosophy of redefining possibility, and we are delighted to be a part of a movement that enriches India’s cultural landscape.” The exhibition, the largest contemporary art biennale in South Asia and the first of its kind in India, unfolds across 29 venues in Fort Kochi, Mattancherry, Willingdon Islands and Ernakulam. It sits in conversation with a constellation of exhibitions, performances, and discursive programmes which are set in close dialogue with Kochi’s unique geographical, social and cultural ecology. Embracing process as methodology, this edition places ‘freindship economies’ as the very scaffolding of the exhibition. The curatorial vision acknowledges bodies as a landscape of time, a vessel of labour, joy, and loss, and invites the visitors to think through ‘embodied histories of those that came before us and continue to live within us in the form of cells, stories and techniques. BMW Group India Cultural Engagement Since its inception, BMW India has participated in leading cultural engagements across the country. In 2007, two BMW Art Cars created by world renowned artists Andy Warhol and Roy Lichtenstein were presented at the Jehangir Art Gallery in Mumbai. BMW Art Cars by Andy Warhol, Jeff Koons, Sandro Chia and Cesar Manrique have been exclusively showcased at various editions of the India Art Fair. “The Future is Born of Art” is a unique initiative by BMW India and India Art Fair which aims to propel emerging Indian artists and further BMW Group’s commitment to promote art, sustainability, and innovation. In 2012-13, the innovative BMW Guggenheim Lab came to India. Based at Dr. Bhau Daji Lad Museum and conducted at six different sites in Mumbai, the lab organised six weeks of free programme with diverse audience and communities addressing the challenges and conditions of the urban city. Since 2012, BMW has partnered with the Kochi-Muziris Biennale, the contemporary art exhibition, which brings international artists to India and creates a global platform for Indian artists. This vital and dynamic partnership has been instrumental in shaping the Biennale into a global cultural landmark. BMW Group’s continued commitment, even in uncertain times, highlights the profound belief in the power of art and culture to unite and inspire. About the Kochi-Muziris Biennale Kochi-Muziris Biennale is India’s first ever biennial of international contemporary art and its story is unique to India’s current reality—its political, social and artistic landscape. It began as a government initiative, when the Department of Cultural Affairs of Government of Kerala approached two artists—Riyas Komu and Bose Krishnamachari—to help organize an international platform for art in India. The challenge was proportionate to the ambition of the project. A biennial had never gotten past the conceptual stage in India before. There was no existing infrastructure necessary for an exhibition of this scale—no spaces and no institutional support structures. With the support of the government, private patrons, and local businesses the Biennale found the spaces and opened them up for art. The Indian art community has been growing rapidly and has been emerging onto the world stage, and the international arts community offered their support in sending art and artists to participate in Kochi. Artists became the spokespersons and activists for the biennale. About Nikhil Chopra Nikhil Chopra’s artistic practice interweaves live art, drawing, photography, sculpture and installations. His performances, in large part improvised, dwell on identity and its construction, autobiography and authorship, the pose and self-portraiture. Nikhil combines everyday life, memory and collective history; daily acts such as eating, resting, washing and dressing, in tandem with the act and discipline of making large scale drawings in situ become the process of making an artwork. Nikhil’s works have been included in major exhibitions including Documenta 14, 12th Sharjah Biennale, 12th Havana Biennale; 2nd Kochi-Muziris Biennale and 53rd Venice Biennale amongst others. He has also shown works and performed at the Gropius Bau, Berlin; The Metropolitan Museum of Art, New York; Museum of Science and Industry, Manchester; New Art Exchange, Nottingham; , SFMOMA, San Francisco; Artsonje, Seoul; Museum of Contemporary Art, Yinchuan, China; Centre Pompidou, Paris; Astrup Fearnley Museum, Oslo, Norway; Indian Highway, Serpentine Gallery, London, UK; Carriageworks, Sydney; Kiran Nadar Museum of Art, New Delhi. Nikhil Chopra was born in Kolkata in 1974, and lives in Goa where he runs HH Art Spaces with partners. After studying at the Faculty of Fine Arts at Maharaja Sayajirao University of Vadodara, India, the artist continued his studies in the United States in 2003 to return to India in 2005 with a Masters from Ohio State University. About HH Art Spaces HH Art Spaces, Goa, was founded in 2014 by Nikhil Chopra and Romain Loustau, both live art and performance artists. HH Art Spaces is a movement, and currently includes the shared vision, voices, rigors, and energies of a collective of artists and cultural practitioners. Key founding and partner members of the organization are: Madhavi Gore, Shivani Gupta, and Shaira Sequeira Shetty.HH Art Spaces fosters an ethos of collaborations, residencies and interdisciplinary exchanges within art and culture; and has worked with artists and organizations locally, regionally and internationally. Over the years, HH Art Spaces has developed a rich archive of visual, sonic, installation, and live art and performance work, in South Asia. HH Art Spaces promotes artists and produces exhibitions and artist residencies, talks and workshops, in contemporary and traditional artistic practice-based research, bridging transdisciplinary practices through collaborations and partnerships. HH is a hub and a laboratory for artists and curators to investigate and explore new forms and approaches within arts and cultural practice. If you have any queries, please contact: BMW Group India Richa Sharma, Press and Corporate Affairs Cell: +91 99100 22148; Email: [email protected] Satchit Gayakwad, Press and Corporate Affairs Cell: +91 95607 25900; Email: [email protected] Internet: www.bmw.in Facebook: https://www.facebook.com/bmwindia X: https://x.com/bmwindia YouTube: https://www.youtube.com/user/bmwindia Instagram: https://www.instagram.com/bmwindia_official LinkedIn: https://www.linkedin.com/company/bmw-india/ (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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