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    How NRIs Can Structure Bank Accounts in India When They Have Both Indian and Overseas Financial Commitments
    Sugar ex-mill prices down 18 pc to Rs 55/kg after import move, curbs on hoarding: Food secretary
    SBI eyes USD 10 bln from NRIs, foreign investors ahead of RBI swap window closure
    Industrial power tariff hike: WBSEDCL says proposed rise capped to DVC area, rates still competitive
    India-Japan Investment Partnership Gains Momentum; Commerce and Industry Minister Shri Piyush Goyal Invites Greater Japanese Institutional Capital
    Commerce and Industry Minister Piyush Goyal addresses Japanese Business Federation in Tokyo
    Third Meeting of India-Cambodia Joint Working Group on Trade and Investment (JWGTI) Held in Phnom Penh, Cambodia
    Central Bureau of Narcotics (CBN) and PHARMEXCIL Sign Memorandum of Understanding to Boost Legitimate Pharmaceutical Exports and Strengthen Regulatory...
    RBI's USD-INR Swap Facility Sparks Unprecedented Forex Inflows into India, Banks Raise USD 73 Billion in eleven weeks
    Rupee falls 4 paise to 95.74 against US dollar in early trade
    Former cop Waze files fresh plea in Mumbai court, wants PMLA case against him dropped
    Rupee settles 1 paisa higher at 95.70 against US dollar
    Ontario's premier: Canada should be ready to cut electricity, critical minerals as trade woes worsen
    UIDAI, Army launch Aadhaar biometric update camps for students in Assam's Tamulpur
    J&K PCC chief opposes electricity tariff hike, demands immediate rollback
    Govt lifts ban on wheat exports to protect farmers interest amid depressed local prices
    FDA suspends licences of five food outlets on Mumbai Cricket Association premises
    Govt appoints ex-diplomat Akbaruddin, 2 other new members to RBI central board
    'Only 6.83 per cent after 4 years': Omar Abdullah defends J&K power tariff hike
    No sugar shortage in India, prices to ease in coming days following govt's measures: ISMA
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August 25, 2026
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NRI banking account segregation aligns overseas earnings, domestic income, foreign-currency savings, remittances, and borrowing with cross-border commitments.
NRI banking arrangements require segregation of overseas earnings, India-sourced income, savings, remittances and expenditure after residential status changes. An NRE account holds overseas income remitted to India, with interest exempt from income tax in India. An NRO account is intended for Indian income, including rent, dividends and pension, while FCNR deposits retain funds in a chosen foreign currency. A structured arrangement can align these accounts with domestic obligations, overseas spending, remittances, investments and compliant digital banking access.
August 25, 2026
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Sugar import authorisation and anti-hoarding controls aim to moderate ex-mill prices amid adequate domestic stocks.
Raw sugar imports were permitted, while stock limits were imposed on bulk consumers. States were directed to strengthen inspections, and nationwide flying squads were deployed to identify hoarding and speculative conduct. These measures target sugar availability and distribution across wholesale and retail channels. Ex-mill prices declined following the measures, although wholesale and retail prices had not yet reflected the reduction.
August 25, 2026
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Foreign-currency swap window closure focuses non-resident deposit mobilisation, while ECB hedging support continues for public-sector borrowers.
RBI's concessional Foreign Currency Non-Resident Bank deposit swap window closes on August 31, replacing the previous September 30 cut-off. Separately, the special US dollar-rupee foreign-exchange swap window remains available until December 31, 2026, providing concessional currency-hedging support to public sector undertakings raising external commercial borrowings. SBI expects to mobilise predominantly through deposits from non-resident Indians and foreign investors, with external commercial borrowings also visible.
August 25, 2026
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Industrial power tariff revision applies only within the shared distribution area, while steel producers seek rollback and fuel supply support.
Industrial electricity tariff revision is proposed from 1 September for 33 KV and 11 KV consumers within the Damodar Valley Corporation command area. The increase is confined to the shared distribution-licence area, while a separate and higher tariff structure applies outside it. Steel and sponge-iron industry associations oppose the revision on the basis that it will raise energy costs and affect investment conditions. They seek withdrawal of the increase and request continuing supplies of high-grade coal and iron ore for sponge-iron production.
August 25, 2026
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Institutional capital facilitation prioritises repatriation, market access, regulatory predictability, and cross-border partnerships supporting technology-led long-term investment.
India-Japan investment engagement focuses on increasing long-term Japanese institutional capital flows through an enabling business environment, intellectual property protection, policy reforms and integration with global value chains. Facilitation measures include simpler profit repatriation processes, improved access to Indian capital markets, greater regulatory predictability and a seamless cross-border investment environment. GIFT City is explored as a gateway for international capital and Japan-India investment flows.
August 25, 2026
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Strategic investment partnership prioritises semiconductor manufacturing, resilient supply chains and advanced industrial collaboration between Indian and Japanese businesses.
India-Japan economic cooperation is directed toward deeper trade, investment, technology and business-to-business linkages, including economic security, supply-chain resilience, clean energy and innovation. Collaboration is focused on capital goods, machinery, automotive and advanced manufacturing, with stronger connections between Japanese enterprises and India's Tier-II and Tier-III suppliers, including Micro, Small and Medium Enterprises. Semiconductor manufacturing is identified as a significant investment area. The India-Japan Special Strategic and Global Partnership supports expanded engagement with manufacturing ecosystems, global value chains and resilient supply chains.
August 25, 2026
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Bilateral trade and investment cooperation advances through customs alignment, digital payment integration, market access discussions and investment treaty completion.
India-Cambodia trade and investment cooperation addressed trade diversification, market access, customs alignment, digital payments and investment facilitation. Discussions covered traditional medicine, e-governance, recognition of the Indian pharmacopeia, trade statistics, agricultural cooperation, banking and insurance. The parties agreed on an MoU on Customs Cooperation to promote uniform customs procedures and considered early completion and signature of the Bilateral Investment Treaty. UPI-KHQR payment integration, investment promotion, priority-sector cooperation and a private-sector feedback mechanism were also discussed.
August 25, 2026
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Voluntary pharmaceutical export compliance framework promotes legitimate trade while safeguarding controlled substances through information sharing and coordinated capacity building.
The Memorandum of Understanding creates a cooperative framework for legitimate pharmaceutical exports and safeguards against diversion of narcotic drugs, psychotropic substances and controlled precursors. A voluntary, non-binding code of conduct will recommend industry practices without imposing obligations beyond applicable law. Cooperation includes identifying export bottlenecks, streamlining procedures for compliant exporters, capacity-building programmes, lawful and confidential information sharing, and nomination of company contact persons to coordinate voluntary compliance measures.
August 25, 2026
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USD-INR forex swap facility accelerates foreign-currency mobilisation through non-resident deposits and institutional borrowing, strengthening India's external buffers.
USD-INR forex swap facility for FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings enabled banks to access foreign-currency funding through a special swap window. FCNR(B) deposits formed the principal component of the reported foreign-exchange inflows, reflecting participation by non-resident Indians. The FCNR(B) window was scheduled for early closure after the stated mobilisation objective was achieved ahead of schedule, and the inflows were presented as strengthening external buffers through long-term non-resident deposits and institutional funding.
August 25, 2026
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Foreign-exchange intervention moderated rupee depreciation as crude prices, importer dollar demand and geopolitical uncertainty sustained currency-market pressure.
Foreign-exchange conditions reflected a marginal weakening of the rupee against the US dollar, influenced by elevated crude-oil prices, importer demand for dollars, weaker Asian equities and geopolitical uncertainty. The currency remained within a narrow trading band, with RBI dollar sales described as moderating sharper depreciation. The RBI's special USD-INR forex swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings mobilised substantial foreign-exchange inflows, indicating support from non-resident Indian participants.
August 24, 2026
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Prior government sanction for public servants is contested as essential before money-laundering proceedings may validly proceed for official-duty acts.
Prior prosecution sanction is asserted to be a jurisdictional precondition for money-laundering proceedings against a public servant for acts connected with official duty. A former police officer challenges cognizance and process for want of sanction under the criminal procedure framework and the Maharashtra Police Act, relying on sanctions subsequently granted for co-accused public servants. The allegations concern collection of funds through the officer and their alleged laundering through an educational trust.
August 24, 2026
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Rupee exchange-rate movement gained marginal support from foreign equity inflows despite crude oil, importer demand and geopolitical pressures.
Rupee exchange-rate movement against the US dollar reflected a marginal appreciation, supported by foreign fund inflows into domestic equities. Trading remained within a narrow range amid pressures from higher crude oil prices, continuing importer demand, and geopolitical concerns. Market conditions also included a stronger dollar index, lower Brent crude futures, domestic equity declines, and net foreign institutional investment. Elevated oil prices and geopolitical uncertainty indicated a slight negative bias, while possible US dollar weakness could support the rupee.
August 24, 2026
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Retaliatory trade measures may target electricity, critical minerals and integrated automotive supply chains amid escalating cross-border tariff disputes.
Canada-United States trade relations involve escalating tariffs and contemplated reciprocal restrictions affecting goods, automotive production, electricity exports and critical-mineral supplies. Potential Canadian countermeasures include limiting or increasing the price of Ontario electricity exports and restricting supplies of critical minerals, with oil and potash also identified as possible leverage. The automotive sector faces particular exposure because Ontario production and supply chains are integrated with United States manufacturing. Negotiations also raised concern over limits on Canada's ability to conclude trade agreements with other countries without United States approval.
August 24, 2026
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Mandatory biometric updates for students support continued Aadhaar authentication and access to education, scholarship and benefit-related services.
Mandatory Biometric Update camps have been launched in schools across Tamulpur district, Assam, for eligible students aged 5 to 17 years to update Aadhaar biometrics. Aadhaar biometrics require updating on attaining five years of age and again on attaining fifteen years. Timely updating supports continued Aadhaar authentication and helps avoid difficulties in accessing services where authentication is applicable, including school admissions, entrance-examination registration, scholarships and Direct Benefit Transfer schemes.
August 24, 2026
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Electricity tariff affordability requires immediate review, withdrawal of higher consumer charges, and relief measures for economically weaker households.
Electricity tariff increase in Jammu and Kashmir has been opposed as imposing an unjustified and unaffordable financial burden on domestic consumers amid rising household costs. Immediate review and withdrawal of the increase are sought, together with measures to reduce electricity costs for domestic consumers, particularly economically weaker sections, and ensure affordable, reliable power supply.
August 24, 2026
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Wheat export liberalisation replaces prohibitions to support farm prices while domestic stocks are expected to protect consumer supply.
Wheat and wheat-product exports are liberalised with immediate effect by revising their export policy from prohibited to free. The change covers wheat, wheat flour, maida, semolina and wholemeal atta, replacing the earlier export-ban framework and simplifying exports previously permitted through licences. The measure aims to support farmers amid depressed domestic prices, while adequate domestic availability and buffer stocks are expected to meet demand and moderate consumer prices.
August 24, 2026
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Food safety compliance failures trigger licence suspensions for deficient hygiene, storage, refrigeration, sanitation and valid licensing practices.
Food safety enforcement measures resulted in suspension of food licences or registrations where establishments failed hygiene, food handling, storage, refrigeration, sanitation and licensing requirements. Deficiencies included unsafe temperature control, unclean refrigeration equipment, improper food storage and thawing, inadequate sanitisation, deteriorated or expired materials, deficient oil-quality checks, artificial colouring, pest infestation, cross-contamination risks and inadequate drainage. One outlet was also found to be operating under the name of an establishment without a valid food licence, resulting in suspension of its registration certificate.
August 24, 2026
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Central Board Governance expands through appointments of part-time non-official directors for defined terms, alongside central bank and government representatives.
Appointments to the Reserve Bank of India's Central Board expand its part-time, non-official director membership. Syed Akbaruddin, Annie George Mathew and Janmejaya Kumar Sinha have been appointed for four years from 24 August 2026, or until further orders, whichever occurs earlier. The Central Board also includes the Governor, deputy governors, the economic affairs secretary and the financial services secretary.
August 24, 2026
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Electricity tariff adjustment is linked to inflation and transmission losses, while free household units remain separately implemented.
Electricity tariff increase of 6.83 per cent after four years is presented as necessary in light of inflation and rising costs. Reducing transmission and distribution losses is identified as a means of limiting future tariff increases. Provision of 200 units of free electricity for poor and needy households through solar panels under the Muft Bijli Yojana is treated as distinct from tariff revisions.
August 24, 2026
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Sugar supply management measures target speculative stockpiling through imports, stockholding limits and earlier crushing to moderate prices.
Sugar supply is characterised as adequate, and higher prices are attributed principally to speculative buying and advance stockpiling, alongside lower output, seasonal demand and global price pressures rather than an actual shortage. Duty-free raw sugar imports and stockholding limits are intended to augment availability, curb speculative accumulation and stabilise market sentiment. Imports, existing stocks, special crushing and an earlier crushing season are expected to moderate prices and improve festive-period supply. Ethanol diversion is not identified as a cause of the price movement.

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Leadership Beyond Boundaries: India's Visionaries Driving Multi-Sector Transformation

January 5, 2026

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CHANDIGARH, India, Jan. 5, 2026 /PRNewswire/ -- Kiteskraft Productions LLP proudly celebrates ten distinguished personalities whose leadership, creativity, and influence are shaping India's dynamic growth story across diverse domains. From visionary business leaders and trailblazing entrepreneurs to social activists, filmmakers, designers, sports professionals, infrastructure pioneers, and accomplished writers, these changemakers represent the spirit of a new India driven by purpose and progress. Each honoree has carved a unique path—building enterprises, transforming communities, redefining creative expression, strengthening infrastructure, promoting sportsmanship, and contributing powerful ideas through the written word. Their journeys reflect resilience, innovation, and a deep commitment to nation-building. Together, they embody a growing movement of excellence that transcends industries, inspires future generations, and lays the foundation for sustainable and inclusive development. Dr. Luv Bhardwaj: Dr. Luv Bhardwaj stands as a distinguished example of ethical entrepreneurship and service-oriented leadership in contemporary India. A graduate in Political Science from Ramjas College, he began his journey in the export sector with the founding of Rangoli Export in 1994, laying the foundation for a business philosophy rooted in integrity and purpose. Over the years, he expanded into FMCG, early-childhood education, and legal services through ventures such as Richfield Industries, Udgam Pre School, and Vista Law Partners. His work reflects a belief that enterprise must balance growth with empathy and cultural values. Honoured with an Honorary Doctorate and global excellence awards, he continues to inspire through service, mentorship, and his forthcoming book Dharmachar, which translates timeless Indian wisdom for modern leadership. Apong Gyadi Taniang: Apong Gyadi Flago, also known as Taniang, is regarded as one of Arunachal Pradesh's most influential emerging leaders, admired for her work as a social activist, philanthropist, entrepreneur, and community advocate. As Vice President of Nyishi Nyem Acham, she has actively advanced grassroots development, women's empowerment, and social justice initiatives across the state. Her notable philanthropy includes donating 20,000 square meters of land for a Christian Mission School to support underprivileged children. Deeply committed to women's welfare, she mobilized widow support funds, providing financial assistance and dignity to vulnerable families. She is a vocal supporter of the #JusticeForTaduHaro movement and became the first individual in Arunachal Pradesh to adopt a hornbill, highlighting her dedication to conservation. Her impactful contributions. V Rajagopal: IEFS PARIS, the internationally acclaimed film production house with a strong presence across India, France, and the United Kingdom, has announced a historic global action feature poised to redefine Indian cinema worldwide. Founded by veteran industry professional V. Rajagopal, the studio achieves a landmark first as the project becomes the first Indian feature film to secure the Indo–China Co-Production Film Permit Certificate, enabling direct theatrical release in Mainland China and opening an unprecedented global distribution corridor. Creative development is led by internationally celebrated filmmaker Alex Rodriguez of Money Heist fame, while direction is helmed by legendary Hong Kong–Chinese filmmaker Mr. Herman Yau, whose career spans over 80 iconic films. The film unites leading stars from India, China, and key global markets, supported by world-class international technicians. Backed by a massive production budget and bold vision, it will release simultaneously across more than 40,000 screens worldwide, marking a defining moment. Mohd Akram Khan: Founded in 2018, A.K. Projects has emerged as a symbol of excellence in interior and exterior design, delivering end-to-end solutions across Mumbai and Uttar Pradesh. Driven by a passion for design and uncompromising quality, the firm transforms ordinary spaces into elegant, functional, and inspiring environments. Specializing in residential, commercial, and corporate interiors, it offers comprehensive services including civil execution, space planning, custom furniture, electrical works, POP, painting, HVAC, and project management. Each assignment is thoughtfully conceptualized and meticulously executed by a skilled professional team, ensuring superior craftsmanship and timely delivery. What truly differentiates A.K. Projects is its client-centric approach, seamlessly blending creativity with practicality while offering cost-effective solutions without compromising standards. Guided by a clear vision of innovation and reliability. Master J. S. Krithvik Arya: A Young Prodigy Redefining Early-Age Sports Excellence in India Master J. S. Krithvik Arya, a five-year-old sporting prodigy from Tamil Nadu, is rapidly emerging as one of India's youngest and most inspiring athletes. Introduced to the ancient martial art of Silambam at just three, he quickly showcased exceptional discipline, focus, and technical skill far beyond his age. His dedication has earned him multiple district and state-level accolades, along with the prestigious 'Best Young Silambam Performer of the Year' award by Kiteskraft Production. Alongside martial arts, Krithvik has impressed trainers with his passion for Marathon running, displaying remarkable stamina and mental resilience. Supported by devoted parents and expert coaching, he is becoming a symbol of early-age sports excellence, inspiring renewed interest in traditional Indian sports and motivating young aspirants nationwide. Rajdeep Bhattacharya: Rajdeep Bhattacharya is a distinguished leader in India's infrastructure sector, with over three decades of experience spanning metro rail, highways, industrial, marine, and nuclear projects. A seasoned civil engineer and strategic executive, he is widely respected for combining technical excellence with strong business and governance acumen. Currently serving as Chief Project Officer at Leap India Foods & Logistics Ltd., he leads a ₹3,000+ crore project portfolio with a focus on sustainability, ESG integration, and operational excellence. His career includes senior roles at Maharashtra Metro Rail Corporation, AECOM, Larsen & Toubro, JKumar Infraprojects, and Gammon India. An alumnus of IIM, XLRI, and KPMG, and a certified PMP and Independent Director, he continues to shape India's infrastructure future with vision, precision, and purpose. Srinivasulu Dhanala : Founded in 2024 by Srinivasulu Dhanala, Microgreens De Manikonda (MGM) reflects Hyderabad's growing movement toward clean, conscious, and sustainable nutrition. What began as a personal initiative to access dependable, chemical-free food has rapidly evolved into one of India's largest controlled indoor microgreens farms, expanding from 80 square feet to 2,700 square feet within a short span. Operating in a soil-free and chemical-free environment, MGM cultivates over 25 varieties of nutrient-rich microgreens, harvesting strictly against confirmed orders to ensure peak freshness and nutritional integrity. Trusted by households, restaurants, dieticians, and fitness enthusiasts, the brand is known for its transparency and consistency. Beyond cultivation, MGM promotes nutrition awareness through workshops, podcasts, and guided farm visits, reinforcing its commitment to healthier urban lifestyles. Dr. Rakesh Kumar Sinha: Dr. Rakesh Kumar Sinha is a distinguished leader in India's industrial and business excellence landscape, widely respected for advancing operational efficiency, quality systems, and organizational transformation. Currently President of Thrive India and former Chief Operating Officer of Confidence Petroleum India Limited, he brings over three decades of cross-industry leadership experience. His career spans operations management, multi-plant manufacturing, project execution, and integrated management systems across energy, engineering, packaging, and manufacturing sectors. Known for aligning profitability with sustainability, he has driven record productivity improvements and successful large-scale expansions nationwide. A Doctorate holder in Business Excellence and a Six Sigma Master Black Belt, he continues to guide organizations through strategic governance, talent development, and continuous improvement, shaping a future-ready industrial ecosystem nationwide. Dr. Masanipalli Peramandlu: Dr. Masanipalli Peramandlu, a Hyderabad-based real estate entrepreneur, exemplifies rare, fully self-sponsored social leadership in India. For over 17 years, every initiative of the Chatrapathi Shivaji Foundation in Bibipet, Kamareddy, has been funded solely from his personal earnings, inspired by his late mother Masanipalli Suvarnamma's philosophy of selfless service. His initiatives span healthcare, education, environment, culture, spirituality, sports, and women's empowerment. A free ambulance service has saved over 1,000 lives, while long-term efforts include education support for orphaned girls, sanitation facilities, water camps, libraries, skill-training centers, and large-scale environmental drives. Nationally recognized with prestigious awards, his journey reflects leadership where success is defined not by wealth accumulated, but by lives transformed across communities, inspiring responsible citizenship and sustainable development. Mr. Vikram Kamrendra Singh: Prof. Dr. Madan Chandra Karan is a renowned educationist and internationally acclaimed writer whose contributions to literature and academia have earned global recognition. With academic credentials including MA, MPhil, PhD, and multiple honorary D.Litt titles, he is widely respected for his scholarly depth and creative excellence. Writing fluently in Bengali, Hindi, and English, he has authored several acclaimed works such as Jannater Samsar, Madan Manjari, The Communalism and Counter Communalism, Adrishya Pira, and The Unseen Agony. His writings reflect strong human values, social consciousness, and cultural harmony, many of which have been translated into other languages. Honored with prestigious national and international awards from India, the UK, USA, Germany, and Bangladesh, he continues to inspire readers, scholars, and students worldwide. About Kiteskraft Productions LLP Kiteskraft Productions LLP, established in 2019, is a premier organizer of National and International Conferences and Award ceremonies across sectors like Education, Business, Healthcare, NGOs, and Entertainment. With a mission to recognize excellence, Kiteskraft honors individuals who drive innovation and outcome-based learning. Certified by ISO and MSME, and registered under MCA, it upholds high standards of quality. Recognized by the Scholar's Book of World Records, Kiteskraft fosters industry collaboration through impactful events. With a dedicated team and a vision for excellence, Kiteskraft Productions LLP continues to inspire, empower, and shape a brighter future. Visit www.kiteskraft.com for more. Photo: https://mma.prnewswire.com/media/2854191/Leadership_Beyond_Boundaries.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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