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    RBI issues Draft (Securitisation Transactions) Amendment Directions
    Rupee rises 5 paise to 95.77 against US dollar in early trade
    Woman GST officer, consultant caught taking Rs 60,000 bribe in Maharashtra's Jalna
    Zelenskyy has 'good meeting' with Trump at White House as he seeks more cooperation with US
    Creation of separate ministry infused new energy in India's cooperative movement: Amit Shah
    Railways operates first-ever direct freight train from Kolkata Port to Nepal's Biratnagar
    Haryana Cabinet approves housing, EV, MSME and governance reforms
    SC slams CBI, Delhi Police EoW over silence in Indiabulls probe, calls their conduct 'shocking'
    Govt introduces Bill in RS to tackle payment delays faced by MSMEs
    Regional Rural Banks (RRBs) Post Highest-Ever Net Profit of Rs. 10,177 Crore in FY 2025–26, show consistent improvement in other key financial param...
    Gross Non-Performing Assets (GNPA) of Public Sector Banks (PSBs) at historic low of 1.9% in FY 2025-26, achieve highest-ever net profit of ₹ 1.9...
    India's Toy Exports Soar 89.1%, Reflecting Strong Growth in Domestic Manufacturing
    India's Exports Scale Record US$ 863.1 Billion in FY 2025–26, Driven by Strong Trade with UAE, UK and Australia
    India's FTAs Deepen Global Market Access, Boost Export Diversification and Labour-Intensive Sectors.
    73 Sports Medal Winners of Chandigarh University get government jobs in 2025-26
    Centre orders sugar dealers to limit stocks to 30 days; stock limit at 4,000 quintals
    5 Credit Profile Checks That Can Improve Financial Health
    Gold Loan EMI or Bullet Repayment: Muthoot Finance Helps Choose Right in 2026
    EU-ASEAN Business Council Calls for stronger action on Illicit Trade, highlights India''s Strategic role
    Union Minister of Commerce & Industry Shri Piyush Goyal Announces Task Force to Support Toy Sector, Targets 5% Global Market Share by 2032.
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    July 29, 2026
    Show AI Summary
    Securitisation Note amendments seek stronger issuance efficiency, liquidity and transparency, with stakeholder consultation invited on proposed directions.
    Draft amendments to securitisation transaction directions seek to improve the efficiency, liquidity and transparency of issuing and subsequently transferring Securitisation Notes. The proposals apply to commercial banks, small finance banks, non-banking financial companies and all India financial institutions. Public and stakeholder comments are invited through the designated regulatory consultation platform or alternatively by post or email.
    July 29, 2026
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    Rupee appreciation reflected weaker dollar conditions, equity inflows, crude oil movements and positive domestic market sentiment.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar. A weaker US dollar, lower crude oil prices relative to earlier levels, positive domestic equity sentiment, and foreign institutional investors' net purchase of Indian equities were identified as key influences. The dollar index weakened ahead of a monetary policy announcement, while crude prices rose amid renewed geopolitical tensions. Domestic benchmark equity indices also advanced in early trade.
    July 29, 2026
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    Input Tax Credit unblocking allegedly involved illegal gratification, prompting a trap operation and apprehension of the officer and consultant.
    Alleged bribery connected with unblocking Input Tax Credit arose after an electronics trader received a show-cause notice and had its ITC blocked. A private tax consultant allegedly conveyed that a State GST officer demanded illegal gratification for unblocking the credit and encouraged the trader to settle the demand. Following a complaint, a trap operation allegedly led to the apprehension of the officer and consultant, with further legal action in progress.
    July 29, 2026
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    Defence production licensing and Russian energy sanctions shaped discussions on Ukraine's security capacity, missile supply and diplomatic engagement.
    Ukraine-US discussions addressed licences for domestic Patriot defence-system production, wider defence-production cooperation, technology exchange and missile supply funded through European resources. Ukraine also sought support for a sanctions bill designed to increase economic pressure on Russia by imposing tariffs on goods from major purchasers of Russian oil and gas and by sanctioning Russian leaders, financial institutions and energy projects. The proposed defence-production licence was identified as a longer-term measure, alongside calls for renewed diplomatic engagement.
    July 29, 2026
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    Cooperative-sector modernisation strengthens rural finance through expanded credit societies, online audits, institutional connectivity and technology-enabled cooperative banking.
    Cooperative-sector modernisation is presented as a mechanism for strengthening rural institutions, farmer prosperity and the rural economy. The separate Ministry of Cooperation provides an administrative, legal and policy framework for the cooperative movement. Key initiatives include establishing new primary agricultural credit societies and dairy cooperative societies, expanding business activities for primary agricultural credit societies, online auditing, and connecting cooperative institutions. District cooperative banks are described as important institutions for meeting the financial requirements of expanding service and dairy cooperative societies.
    July 28, 2026
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    Direct containerised rail freight movement enables seamless Kolkata Port-to-Biratnagar cargo transport without border transshipment under revised transit arrangements.
    Direct containerised rail freight movement between Kolkata Port and Biratnagar Customs Yard has commenced under the revised India-Nepal Rail Transit Protocol. The service enables end-to-end commercial rail carriage without border transshipment through the Jogbani-Biratnagar broad-gauge connection. Implementation of the revised Letter of Exchange operationalises direct commercial rail access, intended to reduce transit time, logistics costs and cargo handling while improving supply-chain efficiency, reliability and cross-border trade.
    July 28, 2026
    Show AI Summary
    State governance reforms expand housing relief, local audits, MSME support, property records, welfare measures and clean-vehicle tax incentives.
    The reforms provide concessional stamp duty and registration charges for eligible Economically Weaker Section housing beneficiaries, a statutory local-audit framework, and incentives for MSMEs and exports. They also establish rules for ownership records in Lal Dora areas and introduce a formula-based urban property-tax assessment framework with exemptions. Welfare measures cover compensation for specified unnatural custodial deaths, ex-Agniveer reservation, and compassionate appointments. Motor-vehicle tax measures provide a rebate for qualifying vehicles registered in women's names and exemptions for new electric vehicles.
    July 28, 2026
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    Investigation into alleged fund diversion faced scrutiny as agencies were required to disclose progress and decide on regular cases.
    Investigation into alleged dubious transactions and fund diversion involving Indiabulls Housing Finance Limited remained under scrutiny because investigating agencies did not provide an updated status or take a final decision on registration of regular cases. The Central Bureau of Investigation and Delhi Police Economic Offences Wing were required to file a comprehensive affidavit and status report. The allegations concern loans allegedly routed through corporate entities to promoter-linked companies, alongside inquiries involving financial, corporate-fraud and market-regulatory agencies.
    July 28, 2026
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    MSME payment-delay reforms propose faster dispute resolution, enforceable settlement recovery, and invoice discounting to strengthen supplier liquidity.
    The proposed amendment strengthens delayed-payment dispute resolution for micro and small enterprise suppliers through prescribed adjudication timelines and possible interim payment of at least half the awarded amount where a setting-aside application remains pending beyond six months. Mediated settlements and arbitral awards may be recovered as arrears of land revenue and are proposed to be legally enforceable debts under the insolvency framework. Central public sector enterprises would be required to route MSME invoice settlements through the Trade Receivables Discounting System.
    July 28, 2026
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    Regional rural bank oversight strengthens financial performance, technology adoption, diversified lending and financial inclusion in remote communities.
    Regional Rural Banks are regularly reviewed for financial performance, technology upgradation, MSME lending, loan diversification and financial inclusion in rural and remote areas. Their financial health improved over recent years, with growth in deposits, loans, credit-deposit ratio, net worth and capital adequacy, alongside improved asset-quality indicators. Financial-inclusion targets for bank-account access, micro-credit, insurance and pension schemes are set and periodically monitored to extend formal financial services.
    July 28, 2026
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    Emergency credit guarantee support addresses business liquidity mismatches while public sector banks report stronger asset quality and sectoral lending growth.
    Public sector banks reported improved balance-sheet health, rising business and lending, higher profits, stronger capital adequacy, and lower gross non-performing assets through FY 2025-26. Credit expanded across retail, agriculture, MSME, and infrastructure segments. Emergency Credit Line Guarantee Scheme 5.0 provides guarantee coverage to member lending institutions for eligible additional credit facilities addressing short-term liquidity mismatches, with full coverage for MSMEs and differentiated coverage for non-MSMEs and scheduled passenger airlines. Airline assistance is linked to peak credit outstanding and may require proportionate promoter or owner equity contribution above the applicable threshold.
    July 28, 2026
    Show AI Summary
    Toy quality regulation and export support strengthen domestic manufacturing, safety compliance, market access, and competitiveness in the Indian toy sector.
    Toy-sector measures combine quality regulation, import-duty changes, domestic manufacturing support, export facilitation, and promotional initiatives. The National Action Plan for Toys covers toy design, learning-oriented toys, quality monitoring, restrictions on unsafe imports, indigenous clusters, and domestic production. A Quality Control Order and BIS licensing framework support compliance with toy-safety standards. Cluster assistance, startup recognition, export-duty remission support, and zero-duty market access under specified trade agreements seek to strengthen competitiveness, while stated measures are associated with improved quality conformity, lower imports, and increased exports.
    July 28, 2026
    Show AI Summary
    Preferential market access under free trade agreements supports export diversification, labour-intensive sectors, and exporter use of tariff concessions.
    India's FTA framework is used to promote preferential tariff utilisation, export diversification and expanded market access. The Government monitors recently operationalised agreements through Certificates of Origin and partner-country trade data. Agreements with the UAE, Australia, Mauritius, Oman and EFTA are associated with increased product-line coverage, tariff preference utilisation and export opportunities. Labour-intensive sectors receive priority through preferential access, while calibrated tariff liberalisation and transition arrangements seek to protect sensitive domestic sectors. Trade e-Connect and the Trade Intelligence and Analytics Portal support exporters with market intelligence, rules of origin guidance, trade data and export-performance monitoring.
    July 28, 2026
    Show AI Summary
    Preferential Market Access under free trade agreements supports export diversification, labour-intensive sectors, tariff utilisation and data-driven trade facilitation.
    Preferential tariff utilisation under recently operationalised trade agreements is monitored through Certificates of Origin and partner-country trade data. Increased certificate issuance and expansion in exported HS-level tariff lines are treated as indicators of export diversification and market penetration. Labour-intensive sectors receive improved market-access opportunities under FTAs, while calibrated tariff liberalisation and transition arrangements preserve policy space for sensitive domestic sectors. Trade e-Connect and the Trade Intelligence and Analytics Portal provide exporters and policymakers with market intelligence, Rules of Origin guidance, FTA advisory services and trade-performance analytics.
    July 28, 2026
    Show AI Summary
    Sports-quota government recruitment recognised medal-winning student-athletes for public employment across defence, policing, railways and other government institutions.
    Sports-quota recruitment enabled medal-winning student-athletes to obtain government employment on the basis of sporting performances at state, national and international levels. Appointments covered armed forces, central armed police and paramilitary organisations, railways, police, the Income Tax Department, a public-sector bank, sports departments and other government institutions. The described sports framework provides scholarships, coaching, infrastructure, dietary support, travel, accommodation, equipment and selection-oriented physical, mental and personality-development training.
    July 28, 2026
    Show AI Summary
    Sugar stock controls require dealers to limit inventory duration and quantity, declare holdings, and curb speculative buying.
    Sugar dealers may not retain stock beyond thirty days from receipt or hold sugar above 4,000 quintals at any time or place. Government-account stocks and authorised Public Distribution System stocks are excluded. State Governments and Union territory administrations may prescribe limits only within the national ceiling and holding period. Dealers must declare and regularly update stock positions on the designated portal. The temporary restrictions are intended to maintain domestic availability, discourage speculative buying and contain sugar prices.
    July 28, 2026
    Show AI Summary
    Credit Profile Management requires timely repayments, controlled utilisation, selective borrowing and prompt correction of credit-report inaccuracies.
    A healthy credit profile depends on timely repayment of EMIs and credit-card dues, controlled credit utilisation and selective applications for new credit. Missed payments, sustained high utilisation and multiple hard enquiries may affect credit health and lender assessment. Individuals should periodically review credit reports for inaccurate personal details, closed loans recorded as active, missing repayment updates, duplicate loan entries or incorrect payment status, and promptly seek correction of discrepancies. Regular monitoring of credit score, repayment history, active accounts and enquiries supports informed credit-management decisions.
    July 28, 2026
    Show AI Summary
    Gold loan repayment structures require borrowers to weigh EMI interest savings against bullet repayment cash-flow flexibility and maturity obligations.
    Gold loans may be repaid through EMIs, which reduce principal and interest through periodic instalments, or through Bullet Repayment, which defers principal and accrued interest until maturity. The stated framework imposes tiered loan-to-value limits and caps consumption-purpose bullet loans at 12 months, with bullet-loan collateral assessment including projected interest. EMI repayment may reduce overall interest cost for borrowers with predictable income, while bullet repayment may preserve cash flow for borrowers expecting a defined future inflow. Borrowers should compare costs and review the Key Fact Statement before choosing a structure.
    July 28, 2026
    Show AI Summary
    Illicit trade prevention requires coordinated intelligence sharing, risk-based shipment controls and public-private cooperation to protect supply-chain integrity.
    Illicit trade prevention requires coordinated regional action through institutional intelligence-sharing, joint enforcement, regulatory alignment and public-private engagement. Proposed measures include risk-based pre-export assurance, shipment controls, digital customs tools and common principles adaptable to sector-specific risks. India is identified as a dialogue partner that can support secure regional trade through enforcement cooperation, intelligence exchange and risk-based governance. Analytical research, market intelligence, product-identification awareness and voluntary track-and-trace initiatives may assist in addressing illicit tobacco trade and strengthening lawful trade integrity.
    July 28, 2026
    Show AI Summary
    Toy-sector competitiveness is advanced through a task force and playbook focused on manufacturing, innovation, quality compliance and exports.
    Toy-sector competitiveness is proposed to be advanced through a dedicated task force and a playbook addressing manufacturing ecosystems, value chains, standards and compliance, skills, innovation, intellectual property and exports. The task force is intended to strengthen manufacturing capability, resolve value-chain bottlenecks, enable design and innovation, develop employment and skills, improve ease of doing business and support global value-chain integration. The roadmap emphasises domestic production, quality standards, localisation, branding, cluster development and support for MSMEs and startups.

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      The Grand Opening of Dreame Hong Kong Flagship Store Showcases Full Product Lineup

      December 22, 2025

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      HONG KONG, Dec. 21, 2025 /PRNewswire/ -- Dreame Technology, a global tech company dedicated to innovation in smart home appliances, officially opened its first offline flagship store in Hong Kong. Since entering the Hong Kong market, Dreame has been steadily strengthening its local presence. The opening of this flagship store marks a significant milestone in the brand's expansion within the region. Located in the Tsim Sha Tsui District at Mira Place, the new store marks the first public showcase of Dreame's two latest flagship stick vacuums — the S50 Station and V50 — while also offering an exclusive early hands-on trial of the H16 Pro Steam. Visitors can explore Dreame's full range of smart cleaning and personal care solutions, including the Aqua 10 Pro Track and Aqua10 Roller robot vacuums, the Pocket Uni global-voltage high-speed hair dryer, and more. In addition, Dreame's latest air purifier, the PM20, makes its official debut in Hong Kong.

      New Flagship Stick Vacuum Debut: Introducing the Dreame's First Tangle-Cut™ Motorized Dual Blades Technology At the event, Dreame unveiled two new stick vacuums — the V50 and the S50 Station. Both models are equipped with Dreame's breakthrough Tangle-Cut™ Motorized Dual Blades Technology, capable of cutting up to 210,000 strands of human or pet hair in a single cleaning session, ensuring truly zero tangling.

      Utilizing aerospace-grade, dual-layer titanium-coated blades, the system features approximately 200 high-density serrated blades that rapidly intersect and shear hair at speeds of up to 2,000 cuts per minute, significantly enhancing cutting efficiency. This innovation effectively addresses the long-standing issue of hair tangling found in traditional roller brushes, enabling both pet-owning households and users with long hair to enjoy a truly hands-free cleaning experience.

      Equipped with a 130,000 RPM high-speed motor delivering 210AW suction power, both models effectively remove fine dust and dirt from floor crevices. The 140° wide-angle illumination reveals hidden dust, making cleaning even more thorough. Users can also upgrade with the AquaCycle™ 2.0 Suction-Washing Head, which uses electrolyzed water for sterilization and Dreame's unique "Wash–Suction–Separation" process to efficiently handle both wet and dry messes.

      S50 Station: Tangle-Cut™ Motorized Dual Blades with Auto Empty As Dreame's newest premium auto-empty stick vacuum in Hong Kong, the S50 Station features a multi-functional dust removal Hub that automatically performs dust collection and charging after each cleaning session. The 3L antibacterial dust bag, offering up to 100 days of long-term dust storage, significantly reduces maintenance while ensuring a hygienic home environment.

      To ensure clean air out, the S50 Station is equipped with a multi-layer filtration system that delivers 99.99% whole-machine filtration efficiency, capturing particles as small as 0.1 µm. In addition, the HEPA H14 filter effectively traps bacteria and viruses, achieving a remarkable 99.99% filtration efficiency*. The Ultra Mode further enhances antibacterial performance before purified air is released back into the room. The smart indicator lighting clearly displays dust collection status, sterilization mode, and vacuum placement at a glance. With its high level of automation, hygiene, and efficiency, the S50 Station showcases Dreame's leadership in high-end cleaning technology, delivering a smarter and healthier cleaning experience for Hong Kong households.

      V50: Tangle-Cut™ Motorized Dual Blades with 1.6kg Lightweight Designed for flexibility and ease of use, the V50 features an ultra-lightweight form factor paired with Tangle-Cut™ Motorized Dual Blades. Without the need for a base station, it is ideal for quick cleanups and everyday touch-ups, especially in small apartments or households that require frequent spot cleaning. With enhanced maneuverability and strong value for money, the V50 stands out as an excellent choice for users seeking a lightweight and versatile vacuum solution.

      H16 Pro Steam: Dual-arm powered, 200°C Steam-enhanced clean Now available for early experience at the flagship store and officially launching across Hong Kong on December 22, 2025, the H16 Pro Steam features industry-leading SaunaClean™ 200°C Steam Wash, combined with a 3000 mg/min high steam spraying to effectively dissolve grease, tackle stubborn stains, and achieve up to 99.9999% sterilization. Paired with ThermoRinse™ 90°C Hot Water Mopping, its dual-heat source floor washing is particularly suited for kitchens and dining areas with heavy grease buildup. The world's first Dual-Arm Robotic AI DescendReach system delivers gap-free cleaning, zero water residue, and 100% tough stain removal, effectively minimizing cleaning blind spots and enhancing overall coverage and efficiency.

      With enhanced true steam and hot water washing, the H16 Pro Steam provides faster, more effective, and more reliable home cleaning results.

      Aqua 10 Pro Track: Mopping with 45°C Fresh Hot Water Over the past two years, Dreame robot vacuums have redefined the market with industry-first innovations such as Robotic Retractable Legs, Dual Flex Arm Technology, VersaLift™ Navigation Technology, and advanced intelligent algorithms. These technologies have not only improved user experience but also earned Dreame the #1 market share in 18 countries worldwide. This year, Dreame takes robot vacuuming to the next level with its innovative Aqua 10 Pro Track and Aqua10 Roller, part of the fresh water cleaning series.

      The Aqua 10 Pro Track, Dreame's most advanced robot vacuum to date, introduces the industry's first 45°C TrackSync™ Constant Hot Water Mopping, allowing the mop to clean and self-clean simultaneously with every rotation — solving the common problem of "the more you mop, the dirtier it gets." Equipped with intelligent dirt detection and an extended track design for edge cleaning, it delivers deep cleaning performance even on heavy stains, oil spills, and tile grout. Beyond mopping, Aqua 10 Pro Track features 25,000Pa powerful suction, HyperStream™ Detangling DuoBrush, and Dual Flex Arm Technology for a comprehensive cleaning performance. OmniSight™ Navigation & Obstacle Avoidance and ProLeap™ 6cm Obstacle Cleaning ensure smooth movement across thresholds and carpets. The all-in-one smart base station takes the cleaning experience to a whole new level of automation. From ThermoHub™ 100°C Mop Self-Cleaning and Mop and Dust Bag Auto-Drying to UV sterilization, Auto Solution Refilling, and 100 Days Auto-Empty, it handles all maintenance in a single step — delivering a more convenient, hygienic, and intelligent whole-home cleaning solution.

      Pocket Uni: The Ultimate "Travel Anywhere" Styling Tool A Hong Kong fan favorite, the globally compatible 100–240V foldable high-speed hair dryer Pocket Uni has sold over 10,000 units in Hong Kong since launch. Weighing only 330g, its triple-fold design makes it ideal for travel and business trips. Powered by a 110,000 RPM high-speed motor, it delivers fast drying and styling with strong, stable airflow. Plasma Ion Concentration reduces frizz and enhances hair shine, while the upgraded SmartVolt™ Global Voltage Compatible ensures seamless use worldwide. The compact hair dryer also includes a Unfrizz Nozzle and Curling Barrels for versatile styling anytime, anywhere.

      PM20 : Dreame Hong Kong's First All-in-One Smart Air Purifier Dreame officially launches its first air purifier in Hong Kong, the PM20, which combines cooling and heating with intelligent air purification. In summer, it rapidly circulates air to deliver a refreshing flow of cool, clean air. In winter, it heats up in just three seconds, instantly filling the home with comfortable warmth even during cold weather.

      Powered by jet airflow technology and a dual-way air outlet design that directs airflow both upward and forward, the PM20 delivers far-reaching airflow of up to 10 meters and a CADR of 400 m³/h, ensuring more uniform air circulation and comprehensive purification across the home.

      The PM20 is equipped with a 4-Layer Filtration System, featuring an high-efficiency composite filter, an activated carbon layer, and an MnO₂ catalytic decomposition filter. Working together, the system effectively captures ultra-fine particles and allergens while continuously breaking down formaldehyde and other harmful gases, helping to maintain cleaner, healthier indoor air without the need for frequent filter replacement. Combined with intelligent environmental sensing and App connectivity, the PM20 allows users to monitor indoor air quality in real time, delivering a smart, hygienic, and comfortable living environment for the entire home.

      Grand Opening Promotions To celebrate the launch, Dreame will offer limited-time discounts, exclusive member benefits, and an opening raffle.

      About Dreame Established in 2017, Dreame Technology is an innovative consumer product company that focuses on smart home appliances with the vision to empower lives through technology. Follow us on Facebook and Instagram.

      For more information, visit dreametech.com.hk (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR

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