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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.
September 18, 2026
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Customs cooperation and trade facilitation advance electronic origin verification, pre-arrival information exchange, and safeguards against preferential trade misuse.
Customs cooperation and trade facilitation measures included pre-arrival information exchange, electronic verification of Certificates of Origin, and Customs automation and digitalisation. These measures are directed at facilitating legitimate trade while ensuring compliance with applicable rules and preventing misuse of preferential trade arrangements. Rail and road connectivity, freight movement, Integrated Check Posts and land-port infrastructure were reviewed to improve infrastructure utilisation and address operational bottlenecks affecting bilateral and transit trade.
September 18, 2026
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Preferential equity issuance approved to strengthen capital, support digital lending expansion, and fund subsidiary operations subject to required approvals.
OnEMI Technology Solutions Limited has approved a preferential issue of equity shares to identified investors, subject to shareholder and requisite regulatory and statutory approvals. The issuance is proposed under the Companies Act, 2013, the SEBI capital-issue and disclosure framework, other applicable SEBI regulations, and applicable law. Seventy-five per cent of the additional capital raised is proposed for infusion into its wholly owned subsidiary to support lending, technology, digital capabilities and product expansion, while the remaining twenty-five per cent is proposed for general corporate purposes.
September 18, 2026
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Fraudulent input tax credit claims through bogus invoices prompted arrest over alleged invoicing without actual supply of goods.
Alleged fraudulent availment, utilisation and passing on of inadmissible input tax credit involved invoices from purported suppliers found to be non-existent, non-functional, suspended or cancelled. Input tax credit was allegedly claimed without actual receipt of goods and passed on through invoices unsupported by corresponding supplies. Following investigation and recorded statements, the proprietor of an iron and steel trading firm was arrested under statutory arrest powers, while further investigation remains in progress.
September 18, 2026
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Direct tax collections: stronger advance tax payments support growth in corporate, non-corporate, and securities transaction tax receipts.
Direct tax collections grew through September 17, supported principally by increased advance tax payments from corporate and non-corporate taxpayers. Gross collections exceeded Rs 14.32 lakh crore, while net collections, after refunds, exceeded Rs 12.12 lakh crore. Corporate tax collections grew more strongly than non-corporate tax collections, and Securities Transactions Tax receipts recorded significant growth. The trend indicated broad-based tax buoyancy, supported by underlying economic activity, taxpayer confidence and business performance.
September 18, 2026
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Reusable consent-based KYC enables integrated onboarding, reporting, record updates and periodic re-verification for regulated financial institutions.
Central KYC-based onboarding enables regulated financial institutions to reuse a customer's existing verified identity record through the Central KYC Registry with customer consent. The integrated solution supports onboarding, KYC reporting, unsolicited notifications and re-KYC. It retrieves consented KYC records through CKYC APIs, uses facial matching or video-based customer identification for authentication, and applies AI-based duplicate detection. Reporting automates validation, image correction and real-time registry submission, while record updates and simplified periodic re-verification support the currency of institutional KYC information.
September 18, 2026
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Benchmark interest rate normalisation raises borrowing costs while monetary policy monitors inflation, wage growth, currency risks, and economic recovery.
The Bank of Japan increased the uncollateralised overnight call rate from 1.0 per cent to 1.25 per cent, advancing monetary-policy normalisation after a prolonged period of near-zero or negative rates. The increase was assessed against gradual economic recovery, inflation near its target, wage growth, currency fluctuations, elevated crude oil prices, and external risks. Further tightening remains contingent on stable price increases, wage developments, and monitoring of other risks.

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ASBL's Exponential Rise in 2025 and its Role in Transforming Hyderabad's Realty

December 26, 2025

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Hyderabad, Telangana, India (NewsVoir) In just eight years since its inception, ASBL has catapulted from a newcomer to a leading market leader in Hyderabad's competitive real estate sector. 2025 marked a monumental year for the developer, as it not only launched high-value residential projects, but also achieved record-breaking sales, clinched industry awards, revolutionised construction with cutting-edge tech and are among the first tech-driven real estate companies in India.

With a vision that blends user-centric design, sustainability, and futuristic technology, ASBL's rapid rise is reshaping Hyderabad's skyline and setting new benchmarks in luxury living. This is the story of a developer that's not just building homes, but also the future of real estate in India.

Key Achievements and Awards ASBL was honoured with the Fastest Growing Real Estate Company in India award at the ET Now Realty Conclave & Awards 2025, a validation of its aggressive market expansion and the trust it has garnered from its customers. With a track record of innovative projects, strategic market positioning, and superior quality standards, ASBL's journey continues to inspire industry peers and set new benchmarks for the Indian real estate sector.

In the same year, Mr. Ajitesh Korupolu, Founder and CEO of ASBL, was recognised as the Most Influential Real Estate Leader at the same awards ceremony. This award highlighted his visionary leadership, strategic direction, and pivotal role in driving ASBL's growth and success in a competitive industry. His commitment to excellence has cemented his reputation as a driving force in shaping the future of real estate in India.

Overall, ASBL won three prestigious awards in 2025 that underscore its industry leadership. At the 11th Times Business Awards(Hyderabad), ASBL was named Real Estate Developer of the Year 2025. This accolade was a recognition of the company's outstanding contributions to the city's skyline, its commitment to sustainable development, and its focus on designing homes that cater to the evolving needs of residents. The award was proudly accepted by Anil Kumar Thota, Co-Founder of ASBL, who has been instrumental in shaping the company's vision and growth.

Ajitesh Korupolu at Telangana Rising 2047 Global Summit Ajitesh Korupolu, Founder and CEO of ASBL, participated as a panelist at the Telangana Rising 2047 Global Summit in the session titled “Investing in Inclusion: Prospects in Affordable Housing.” One of only two developers from Hyderabad invited to the panel, he shared insights on how private developers can contribute to inclusive housing without compromising financial viability. Ajitesh spoke on the importance of land ownership reforms, effective use of FSI, the role of rental housing in addressing affordability challenges, and the need for market-driven solutions over subsidy-led models. His participation reflected ASBL’s growing role in shaping policy-level conversations around sustainable and inclusive urban development in Telangana.

ASBL's Expanding Global Footprint: NRI Realty ASBL hosted its NRI Realty Meets across the UK, US, Germany, Ireland, Qatar, UAE, Oman, Sweden, and Europe. The meet aimed to connect with NRI investors and provide insights into Hyderabad’s real estate market. Led by Mr. Ajitesh Korupolu, the event offered NRIs a unique opportunity to engage directly with him, addressing key challenges such as market trends, investment uncertainty, and data access in Hyderabad. He also highlighted Hyderabad’s infrastructure growth, including the Regional Ring Road and Financial District, as major investment drivers. This initiative reflects Ajitesh’s commitment to educating global investors and empowering them to make informed, long-term investment decisions in India.

The Realty of Tomorrow Conclave (ROTC) by ASBL The Realty of Tomorrow Conclave (ROTC) by ASBL is an initiative, led by Mr. Ajitesh Korupolu, focusing on project updates at every milestone. Mr. Korupolu personally shares detailed construction updates, highlighting what’s new and what’s been added, ensuring full transparency. Every project milestone is covered, and customers attend live Q&A sessions, where all questions are answered directly by the CEO, a unique practice not done by any other builder.

Major Project Launches and Record Sales One of the most defining features of ASBL's success is its ability to execute high-value, large-scale residential projects that resonate with both homebuyers and investors. In 2025, the company achieved new heights with the launch of ASBL Broadway, a flagship luxury residential project located in the prime Financial District area. This project is a standout, featuring expansive balconies, premium amenities such as a clubhouse, swimming pool, gym, and 24/7 security. Upon its launch, ASBL Broadway achieved an impressive ₹1,000 crore in sales on launch day, setting a new standard for luxury living in Hyderabad. Possession of the homes is targeted for December 2029, marking a significant milestone in the company's long-term growth strategy.

ASBL also launched ASBL Landmark in the sought-after Kukatpally Y Junction area. This premium project, offering 3, 3.5, and 4 BHK units, blends elegance with practicality, providing spacious homes that cater to the modern buyer's lifestyle. The launch generated ₹500 crore in sales on launch day, cementing ASBL's reputation as a developer capable of attracting significant buyer interest and trust.

ASBL's expansion continues with projects across key micro-markets like Kokapet (ASBL Spire), Financial District (ASBL Spectra), Financial District (ASBL Loft), and Pocharam (ASBL Springs). These projects emphasize spacious, room-sized balconies and premium amenities, meeting the growing demand for lifestyle-oriented living. As these developments progress, they are set to redefine luxury living in Hyderabad, catering to both end-users and investors.

Innovation and Strategy What also sets ASBL apart from its competitors is its ability to integrate technology into every phase of the development process. The company has pioneered the use of digital twins, construction automation, and advanced project management systems, positioning itself as one of India's first tech-forward developers. By leveraging these technologies, ASBL has been able to accelerate project delivery timelines and offer unparalleled transparency to its customers.

Another key aspect of ASBL's success lies in its user-centric approach to design. The realty company employs design research and customer insights to create homes that go beyond basic functionality, enhancing lifestyle and sustainability. This approach is evident in the thoughtful incorporation of features that improve quality of life.

ASBL has also positioned itself strategically to tap into the rising demand from NRI investors and buyers in growth corridors such as Financial District, which are benefiting from significant infrastructure development, including metro expansions and the growth of IT hubs. The company's projects cater to a growing class of buyers who seek high-end residences in prime locations with easy access to work, leisure, and transportation options.

Under the leadership of Mr. Ajitesh, “Homes by ASBL” has also emphasized AI-powered facility management and service integrations, further enhancing the living experience for residents. This forward-thinking approach ensures that ASBL's developments not only meet, but also exceed the expectations of modern homebuyers, solidifying its position as a pioneer in Hyderabad's premium residential market.

Looking Ahead: Vision for the Future ASBL's journey since its inception in 2017 has been one of exponential growth, driven by innovation, customer trust, and a focus on delivering quality residential spaces that meet the needs of a changing market. With its continued focus on large-scale projects, technology-driven execution, and a commitment to enhancing community living, the company is poised to maintain its momentum in the coming years.

The company's target of delivering an additional 10 million sq ft of residential space in the near future, fueled by tech-driven execution, reflects its ambition to scale further while maintaining the high standards of quality and customer satisfaction that have become synonymous with the ASBL brand.

ASBL's success in 2025 highlights the company's ability to combine innovation, design excellence, and customer-centricity to create premium residential developments that cater to the evolving needs of Hyderabad's homebuyers. As it continues to lead the way in terms of technology adoption and project execution, ASBL is well on its way to becoming a dominant player in India's real estate market for years to come.

(Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR

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