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    RBI bars banks from disabling mobile devices of defaulting borrowers
    Par panel for early conclusion of India-US trade pact, tariff exemptions on key goods
    No commitments relating to ethanol import from US for fuel blending under FTA talks: Govt
    No concession or commitment on import of Ethanol for fuel blending from the United States
    Office of the Controller General of Patents, Designs and Trade Marks Announces Tentative Schedule for Patent and Trade Marks Agent Examinations 2027 a...
    RBI invites comments on the draft “Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026”
    West Bengal seeks 100pc foodgrain, 40pc sugar jute packaging quota at SAC meeting
    RBI clasifies Tata Sons, 16 others as large NBFCs
    Sensex climbs 374 points on buying in Reliance, ICICI Bank; Nifty ends flat
    Insurance Division, DFS Secures 3rd Rank in Group A Category of Grievance Redressal Assessment & Index (GRAI) for June 2026
    VKDL Group’s NPA Bazaar Strengthens India’s Distressed Asset Resolution Ecosystem Under the Leadership of V K Dubey
    Lok Sabha passes bill to authorise govt to permit banks to levy charges on UPI transactions
    Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee August 3 to 5, 2026
    Stock markets edged higher in early trade amid lower crude oil prices, buying in Reliance Industries
    Monthly review of accounts of Government of India upto June 2026 (FY 2026-27)
    DRI busts illegal drug manufacturing unit in Satara district in Maharashtra; two arrested
    CCI approves proposed combination inter alia involving share acquisition(s) and merger of certain entities e.g. AAPC India, Triguna, Caddie, SMPL, Tec...
    Rupee gains 20 paise to close at 95.08 against US dollar post-RBI policy decision
    TN Budget: Revenue deficit at Rs 55,775 crore, fiscal deficit estimated at Rs 1,21,819 crore
    Tatkare slams ‘gungi gudiya’ jibe against Sunetra; Cong says row being exploited for political gains
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    August 6, 2026
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    Device-based loan recovery restrictions protect essential mobile functions while permitting gradual locking only for lender-financed devices.
    Technology-based recovery mechanisms cannot restrict or disable a borrower's mobile device unless the bank financed acquisition of that device. Where permitted, banks must adopt a gradual approach and preserve essential functions, including incoming calls, SMS access, and emergency SOS features. Regulated entities and service providers must obtain manufacturer or operating-system certification for device-locking technology. Disclosure of borrower or guarantor information to recovery personnel must be limited to what is necessary for loan-recovery duties.
    August 6, 2026
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    Bilateral trade agreement negotiations should secure tariff certainty, protect key exports, strengthen supply chains, and support vulnerable small industries.
    An early Bilateral Trade Agreement is proposed to protect Indian interests, secure tariff exemptions for key exports, reduce barriers affecting industrial products, and create predictable trade conditions. Recommended measures include financial and export-credit support for small industries, real-time monitoring of customs requirements, documentation assistance, and timely policy support against tariff and non-tariff barriers. Export strategy should develop knowledge services and critical supply-chain integration, while a National Fund should assist suppliers with redesign, tooling, certification and entry into new global supply chains.
    August 6, 2026
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    Ethanol imports for fuel blending remain excluded from trade commitments, with domestic producers continuing to supply the blending programme.
    Ethanol imports for fuel blending remain outside concessions or commitments in India-US trade discussions. Under the Ethanol Blended with Petrol Programme, ethanol procurement is governed solely by domestic policy requirements and is sourced entirely from domestic producers. Claims of existing or intended large-scale ethanol imports from the United States for fuel blending, or of a policy change permitting them, are stated to be baseless.
    August 6, 2026
    Show AI Summary
    Domestic ethanol sourcing for fuel blending continues unchanged, with no import commitments or concessions involving United States ethanol.
    Ethanol used for fuel blending under the Ethanol Blended with Petrol Programme is sourced entirely from domestic producers, with no imports from the United States for that purpose. No concessions or commitments on importing United States ethanol for fuel blending have been made in trade discussions. Fuel blending and ethanol procurement continue to be governed solely by domestic policy requirements, and claims of a policy change allowing large-scale imports are incorrect.
    August 6, 2026
    Show AI Summary
    Patent and trade marks agent qualification examinations require written-paper minimums, aggregate passing scores, and viva voce assessment for registration.
    Patent and trade marks agent examinations comprise an objective Paper I, a descriptive Paper II and a viva voce assessing suitability to practise before the Intellectual Property Office. Candidates must secure the stipulated minimum marks in each written paper and the required aggregate score to pass. Registration in the relevant Register of Patent Agents or Register of Trade Marks Agents is available only to candidates who satisfy all prescribed eligibility conditions and qualify the examination.
    August 6, 2026
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    Draft NBFC credit-facilities amendments open for stakeholder consultation through designated online and email feedback channels.
    Draft amendments to the Non-Banking Financial Companies credit-facilities framework have been released for public consultation. Regulated entities and other interested stakeholders may submit comments or feedback through the 'Connect 2 Regulate' platform or by email using the specified subject line.
    August 6, 2026
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    Mandatory jute packaging reservations were urged to protect cultivators, mill workers, crop absorption, and environmentally sustainable packaging.
    Mandatory jute packaging reservations were sought to be retained at full coverage for foodgrains and increased for sugar packaging for the forthcoming Jute Year. The submission before the Standing Advisory Committee emphasised absorption of bumper jute output, remunerative prices for cultivators, uninterrupted mill operations, and protection of farm and worker livelihoods. It also stressed that biodegradable jute bags offer an environmentally friendly alternative to HDPE and polypropylene woven sacks, and that dilution of compulsory packaging could undermine plastic-pollution reduction efforts.
    August 6, 2026
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    NBFC Upper Layer classification imposes enhanced regulation and listing obligations, while de-registration applications remain under examination.
    NBFC Upper Layer classification subjects identified large non-banking financial companies to enhanced regulatory requirements for at least five years and requires stock-exchange listing within three years of identification. The framework divides NBFCs into Base, Middle, Upper and Top Layers. Seventeen large NBFCs were included in the Upper Layer list, while Tata Sons' classification remains subject to the pending examination of its de-registration application.
    August 6, 2026
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    Closing auction price discovery may affect benchmark levels differently based on constituent liquidity and concentrated institutional order flow.
    The Closing Auction Session in the equity cash segment uses an auction-based method to determine closing prices of eligible shares with futures and options contracts, aiming to strengthen transparent and robust price discovery. Its effect on benchmark closing levels may differ according to constituent liquidity and institutional order flow. The Reserve Bank of India retained the policy repo rate and neutral stance, indicating that future policy decisions will be data-dependent and influenced by assessment of energy-cost effects on inflation.
    August 6, 2026
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    Public grievance redressal strengthens through monitoring, senior review, workshops, stakeholder coordination, and customer-centric service delivery improvements.
    Public grievance redressal is assessed through the Grievance Redressal Assessment and Index, which analyses grievance categories and disposal. The Department of Financial Services' Insurance and Banking Divisions received third and sixth ranks respectively in the June 2026 assessment. Its framework includes disposal of grievances, random reviews by senior officials, and workshops on effective grievance redressal, supporting best practices, stakeholder coordination, technology use, customer-centric service, and accountable public service delivery.
    August 6, 2026
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    Distressed asset resolution integrates restructuring, insolvency advisory, funding facilitation and digital marketplaces for transparent financial recovery transactions.
    The platform provides integrated advisory, management and transaction-facilitation services for Non-Performing Assets, stressed assets and distressed assets. Its services include NPA resolution, debt restructuring, One-Time Settlements, funding assistance, insolvency and bankruptcy advisory, asset reconstruction, financial restructuring and capital raising. Digital and offline marketplaces facilitate transactions involving distressed assets, receivables and related movable or immovable properties, supported by collaborations with banks, Non-Banking Financial Companies, Asset Reconstruction Companies, corporates and investors.
    August 6, 2026
    Show AI Summary
    Merchant discount rate framework may permit charges on notified UPI and digital payments through a government notification mechanism.
    The proposed amendment to Section 10A of the Payment and Settlement Systems Act, 2007 replaces the existing income-tax-linked reference with a Central Government notification-based mechanism for electronic payment modes. It removes the current statutory restriction preventing banks and payment service providers from charging Merchant Discount Rate on notified modes, enabling the Government to permit charges for UPI and other digital payments. The policy rationale is to support funding for payment infrastructure and a sustainable revenue model for service providers.
    August 6, 2026
    Show AI Summary
    Neutral monetary policy stance continues as resilient growth and food-fuel inflation risks require close macroeconomic monitoring.
    The Monetary Policy Committee retained the policy repo rate and continued the neutral monetary policy stance, citing the need to assess evolving growth-inflation conditions. Domestic activity was assessed as resilient, supported by consumption, investment, credit, manufacturing, services and exports, although global uncertainty, energy prices, supply-chain pressures, geopolitical developments and monsoon conditions remain risks. CPI inflation increased mainly because of food and fuel pressures, while underlying inflation remained moderate. The Committee considered that price pressures were not yet generalised and reaffirmed its commitment to align inflation with the target.
    August 6, 2026
    Show AI Summary
    Closing auction price discovery and a neutral monetary policy stance shaped equity market conditions amid lower crude prices.
    The Closing Auction Session in the equity cash segment introduced an auction-based mechanism for determining closing prices of eligible shares with futures and options contracts, intended to make price discovery more transparent and robust. The Reserve Bank of India retained its neutral stance and left the benchmark policy rate unchanged, pending greater clarity on the inflationary effects of higher energy costs. Future policy decisions were stated to be data dependent.
    August 6, 2026
    Show AI Summary
    Monthly public accounts review records receipts, expenditure, tax devolution, interest payments, subsidies, and capital spending through June.
    Consolidated monthly accounts up to June 2026 report total receipts of Rs.10,49,243 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution transfers to State Governments total Rs.2,63,336 crore. Total expenditure is Rs.13,57,076 crore, including revenue expenditure of Rs.10,16,818 crore and capital expenditure of Rs.3,40,258 crore. Revenue expenditure includes interest payments and major subsidies.
    August 6, 2026
    Show AI Summary
    Illicit psychotropic drug manufacture triggered seizure, apprehensions, and investigation into planned trafficking under narcotics control law.
    Illicit manufacture and trafficking of Alprazolam and Diazepam, psychotropic substances regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985, were detected at a clandestine facility. Searches recovered finished and intermediary substances, together with raw materials and reaction mixtures used in manufacture, and the goods were seized under the Act. The manufacturer and an intended buyer were apprehended, with material indicating a proposed transaction for further illicit trafficking. Preliminary investigation indicated prior involvement in illegal drug production and trafficking.
    August 6, 2026
    Show AI Summary
    Competition approval for hotel-sector consolidation covers share acquisitions and merger of Accor-branded hotel entities into InterGlobe Hotels.
    Competition approval was granted for related share acquisitions and the merger of AAPC India, Caddie, Triguna, Srilanand Mansions, Techpark and Accent into InterGlobe Hotels. The combination involves entities jointly controlled by the Bhatia Family Group and the Accor Group, including hotel-owning and developing entities, hotel management and franchising operations, leasing activities, and captive consultancy and support services relating to Accor-branded hotels in India.
    August 5, 2026
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    Rupee appreciation followed unchanged monetary policy, lower crude prices, weaker dollar and expectations of orderly exchange-rate management.
    The rupee strengthened after the central bank maintained its policy rate and neutral monetary-policy stance. Lower crude oil prices, a weaker US dollar and declining US Treasury yields supported investor sentiment. Earlier measures to attract capital inflows remained part of the framework supporting the rupee, while the central bank stressed its endeavour to preserve an orderly currency trajectory. Future movement was linked to geopolitical de-escalation, global risk sentiment and US economic data.
    August 5, 2026
    Show AI Summary
    Fiscal consolidation through revenue mobilisation and leakage control aims to reduce deficits while expanding capital expenditure capacity.
    Tamil Nadu's Revised Budget Estimates for 2026-27 project a revenue deficit and fiscal deficit, with outstanding liabilities comprising public debt and public-account liabilities. Revenue mobilisation is proposed through improved tax administration, collection efficiency, closure of leakages, liquor-manufacturer privilege fees, and eligible Union grants. The strategy projects gradual deficit reduction to create room for capital expenditure, supported by expenditure reforms aimed at eliminating leakages, optimising expenditure, and improving service delivery.
    August 5, 2026
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    Political criticism of public office-holders raises debate over media accountability, personal remarks, and acceptable public discourse.
    Political criticism followed a social-media post describing Maharashtra Deputy Chief Minister Sunetra Pawar as "gungi gudiya" in connection with a press interaction on law-and-order issues in Beed district. Congress representatives stated that the post was not a personal insult, had been deleted after adverse reactions, and was followed by an expression of regret. NCP representatives termed the expression inappropriate and stressed that the principal dignitary should conduct media interactions. Shiv Sena (UBT) representatives described the phrase as not unparliamentary and linked it to criticism of a guardian minister's public responsibilities.

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      Touching Towns Focuses on Hygiene to Fix an Overlooked Gap in India’s Highway Travel Experience

      December 29, 2025

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      A CA-turned-entrepreneur is tackling India's most overlooked gap, highway hygiene, with a model that educates rather than penalizes, aiming to transform the roadside hospitality sector India's highway infrastructure has undergone a remarkable transformation over the past decade. Billion-dollar expressways now connect metros to tier-2 cities, cutting through mountains and valleys with engineering precision that rivals global standards. The Delhi-Chandigarh highway, the Mumbai-Pune Expressway, and the newly expanded Golden Quadrilateral stand as testaments to India's infrastructure ambitions.

      Yet, ask any frequent highway traveler about their journey, and a common concern emerges: finding a clean, safe place to stop remains a challenge. Despite the world-class roads, the pit stops, restaurants, hotels, and rest areas, haven't kept pace with the infrastructure boom.

      Enter Touching Towns, a hygiene-focused startup that's attempting to bridge this critical gap. Founded by Chartered Accountant Anshuman Chaudhary, the venture is working to establish cleanliness benchmarks across highway establishments, starting with the Delhi-Chandigarh corridor.

      The Problem: India's Highway Hospitality Gap India has invested heavily in highways, recognising their importance for trade, tourism, and regional development. Expressways and national highways now form the backbone of long-distance travel, connecting industrial hubs, ports, tourist destinations, and urban centres.

      However, the ecosystem that supports highway travel has not evolved at the same pace. For families on road trips, business travellers on tight schedules, or truck drivers covering thousands of kilometres, finding a clean, safe, and reliable place to stop is often a challenge.

      Poorly maintained washrooms, inconsistent food safety practices, and limited accountability continue to define much of the roadside hospitality sector. While there are exceptions, hygiene standards vary significantly from one establishment to another, often depending on individual awareness rather than any structured system.

      “The journey doesn’t end with good roads,” said Anshuman. “For travellers, the experience includes where they stop, eat, rest, and refresh. That part has been largely ignored.” The issue has gained greater attention in recent years, particularly after the COVID-19 pandemic. Hygiene and cleanliness, once considered secondary concerns, have become non-negotiable expectations for many travellers. Families, women travellers, and elderly passengers increasingly plan their stops based on perceived safety and sanitation.

      An Unconventional Entrepreneurial Shift Anshuman’s decision to leave a stable professional career to work on highway hygiene may appear unconventional. Trained as a Chartered Accountant, his early career involved structured corporate work far removed from roadside eateries and rest areas.

      But frequent highway travel exposed him to a recurring problem. Despite modern roads, basic amenities often fell short. Conversations with fellow travellers and roadside business owners revealed a deeper issue: a lack of awareness, training, and standardised practices rather than deliberate neglect.

      According to Anshuman most owners are open to adopting better practices. However, many are not fully aware of what good hygiene standards look like or how they can be maintained in a sustainable way.

      That insight shaped the foundation of Touching Towns, a venture designed to work with highway establishments rather than against them.

      Education Over Enforcement Unlike inspection-driven models that rely on penalties and compliance checks, Touching Towns adopts a collaborative approach. The startup focuses on educating owners and staff, building capacity, and creating systems that encourage continuous improvement.

      Many highway restaurants, dhabas, and small hotels are family-run operations, often located in semi-urban or rural areas. Access to professional training, standard operating procedures, and structured feedback is limited.

      Touching Towns begins by conducting on-site assessments to understand existing practices. These assessments cover kitchen hygiene, food handling, washroom maintenance, waste management, and overall cleanliness.

      Based on the findings, the startup provides customised training programmes for staff, designed to be practical and easy to implement within existing constraints. The focus is on habits and processes rather than expensive upgrades.

      “We are not here to penalise or shut anyone down,” Anshuman said. “The goal is to create awareness and pride in maintaining clean spaces.” Regular monitoring and feedback mechanisms form a key part of the model. Establishments that consistently meet hygiene benchmarks are recognised, helping travellers identify reliable stopovers and encouraging businesses to maintain standards.

      A Large, Fragmented Ecosystem India’s highway hospitality sector is vast and highly fragmented. Thousands of roadside eateries, rest areas, and small hotels serve millions of travellers daily. Despite the scale, organised efforts to standardise hygiene and service quality remain limited.

      While food safety and sanitation regulations exist, their implementation varies widely. In many cases, enforcement focuses on urban centres, leaving highway establishments outside the scope of regular oversight.

      Industry experts note that this creates a structural gap. Individual businesses often lack the incentive, knowledge, or resources to upgrade standards independently. A neutral, third-party framework that aligns business benefits with hygiene outcomes could help address this imbalance.

      Commercial drivers represent a particularly important stakeholder group. Transporting a significant share of the country’s freight, truck drivers spend long periods on highways and depend heavily on roadside facilities. Clean washrooms, safe food, and basic rest amenities directly impact their health and productivity.

      At the same time, rising vehicle ownership and the growing popularity of road travel among middle-class families are increasing demand for better highway experiences.

      Starting with a Key Corridor Touching Towns has begun its work along the Delhi–Chandigarh highway, one of North India’s busiest and most diverse travel corridors. The stretch serves commuters, tourists, business travellers, and long-haul drivers, offering a broad cross-section of user needs.

      The startup is currently focused on onboarding partner establishments, conducting baseline assessments, and implementing training programmes. The aim is to create a visible network of hygienic and reliable stopovers that travellers can identify with confidence.

      Feedback from travellers is integrated into the system, helping establishments address issues quickly and reinforcing accountability.

      “Trust is built over time,” Anshuman said. “Once travellers know where they can stop without hesitation, behaviour begins to change.” Scaling Without Building Infrastructure A key strength of the Touching Towns model is its scalability. Rather than constructing new facilities, the startup works to improve existing ones. This reduces capital intensity while allowing faster expansion across multiple regions.

      The long-term vision involves extending operations to other major highway corridors, including key national and state highways. By standardising training modules and monitoring systems, the company aims to maintain consistency while adapting to local conditions.

      Partnerships across the travel ecosystem are also being explored, including potential collaborations with mobility platforms, travel services, and logistics players seeking to enhance user experience.

      Aligning Hygiene with Business Outcomes While Touching Towns positions itself as a mission-driven initiative, the business case is clear. Cleanliness and hygiene directly influence customer choice, repeat visits, and reputation.

      Establishments that maintain higher standards benefit from increased visibility and trust. For highway businesses operating in competitive clusters, even small improvements in perception can translate into higher footfall.

      Hygiene is not just a health issue,” Anshuman said. “It has a direct impact on the overall quality of a business.

      The startup is exploring multiple revenue avenues, including training services, partnership models, and customer engagement platforms, ensuring that commercial sustainability aligns with service improvement.

      Challenges on the Road Ahead Scaling a hygiene-focused initiative across India’s vast geography is not without challenges. Changing long-standing practices requires sustained engagement. Smaller establishments often operate on thin margins, making even modest investments difficult without clear short-term returns.

      Maintaining consistent standards across regions with varying infrastructure, water availability, and waste management systems adds complexity. The need for trained personnel and robust monitoring systems will grow as the network expands.

      Competition could also emerge as awareness around highway hygiene increases. Larger hospitality chains or technology platforms may enter the space with greater resources.

      Nevertheless, observers believe that rising consumer expectations and post-pandemic awareness create a favourable environment for such models.

      Redefining the Highway Experience Touching Towns reflects a broader shift in how infrastructure development is being understood in India. As physical connectivity improves, attention is gradually turning toward the quality of services that support daily travel.

      For Anshuman, the move from spreadsheets to roadside establishments represents a logical extension of problem-solving. “Infrastructure is not just about what we build,” he said. “It’s about how people experience it.” As India continues to invest in roads and mobility, initiatives that focus on dignity, hygiene, and safety could play a critical role in shaping the next phase of highway travel.

      World-class roads, many argue, deserve equally dependable rest stops. Whether Touching Towns can scale its model nationally remains to be seen, but the problem it seeks to solve is one that millions of Indian travellers recognise all too well.

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

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