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    CBI conducts course on financial crimes for officers from ITEC-member countries
    Delhi workers welfare board blacklists firm for over 20,000 'unauthorised' Aadhaar transactions
    Rupee rises 22 paise to close at 94.51 against US dollar
    Electrifying India's vehicles can cut its import bill by USD 125 billion by 2050: Study
    Loans to go beyond SHGs, women to get access to credit to expand livelihoods: Union minister Chouhan
    MIDC's role not just selling plots, but creation of conducive environment for development: CEO
    Decentro Wins Three Industry Honours for Fintech Infrastructure Innovation and Leadership in 2026
    Marching ahead with Responsibility and Growth - Keynote Address[Contributions by RBI colleague Shri Mohammed Majidullah, General Manager] delivered by...
    CCI directs Trustees’ Association of India, IDBI Trusteeship Services Ltd, Axis Trustee Services and SBI CAP Trustee Company to cease and desist fro...
    The Digital Textile Printer Revolution: How Konica Minolta NASSENGER is Preparing India for the Next Global Textile Opportunity
    Union minister Goyal hails 7.8 pc GDP growth; lauds Modi, takes dig at Oppn
    SC disposes of SEBI's pleas against NSE after Rs 1500-crore settlement
    India-US trade pact to be finalised once US offers preferential rate: Goyal
    Business Nextgen Finance Raises Rs 215 Crore in Equity to Accelerate MSME Lending
    Drugs: ED raids in 4 states; over 2 dozen offenders, foreign links under scanner
    Razorpay Launches a Conversational AI Account Manager 'RAY' on WhatsApp For Businesses, in Partnership with IndusInd Bank
    AssetPlus Launches Portfolio Management Services to Help MFD Partners Grow and Retain High-Net-Worth Clients
    APEDA Facilitates Flag-Off of 18 MT of NPOP-Certified Ethnic Rice from Tripura for Export to Austria and the Netherlands
    VR LIVIN’s ‘THE FIRST’ Records Sale of 20 Villas Within Two Days of Launch
    IAAPI Calls for GST Rationalisation to Support Growth and Consumer Demand in India’s Amusement Industry
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September 3, 2026
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Economic offence investigations: cross-border training strengthens officers' practical skills in investigation, prosecution, procedures, and handling complex financial crimes.
Capacity-building training under the Indian Technical and Economic Cooperation programme equipped officers from member countries with practical skills for investigating economic offences. It covered varied forms of financial and economic crime, cross-border impact, challenges in investigation and prosecution, standard operating procedures, and investigative best practices. The specialised law-enforcement engagement aims to strengthen international cooperation and investigative capacity in economic-offence matters.
September 3, 2026
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Unauthorised Aadhaar credential use triggers blacklisting and procurement debarment following alleged post-termination enrolment and update transactions.
Alleged unauthorised use of Aadhaar Registrar/EA Code credentials after termination of an operational engagement led the Delhi Construction and Other Workers Welfare Board to blacklist MDS Solution Pvt Ltd. UIDAI communication indicated that Aadhaar-related activity allegedly continued after cancellation through the Board's credentials. The Board lodged a police complaint, barred the firm from its tenders, procurement processes, empanelment and contract awards, and recommended consideration of action under applicable rules and policies.
September 3, 2026
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FCNR(B) deposits strengthen foreign-exchange liquidity and support rupee appreciation alongside foreign portfolio inflows into government securities.
Foreign-currency inflows through FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings strengthened foreign-exchange liquidity and supported appreciation of the rupee against the US dollar. Foreign portfolio investment in government securities was linked to the abolition of withholding tax and long-term capital gains tax on such investment. Currency-market conditions were also influenced by foreign institutional equity purchases, global risk appetite, crude-oil prices and geopolitical tensions.
September 3, 2026
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Electric vehicle adoption can reduce transport import dependence while domestic battery manufacturing increases projected long-term savings.
Electric-vehicle adoption across road-transport segments is projected to reduce dependence on imported petrol and diesel, notwithstanding continuing battery imports. Accelerated electrification could reduce vehicle-related import expenditure substantially by 2050 because reduced oil imports are expected to exceed battery-import costs. Domestic cell-manufacturing capacity may further increase savings by combining rapid vehicle electrification with battery localisation.
September 3, 2026
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Women's livelihood credit access will extend beyond self-help groups through standardised loan formalities and coordinated banking support.
Women's access to credit for livelihood expansion is to extend beyond Self-Help Groups to individual women members. Loan accessibility concerns include distance from bank branches, repeated visits to complete formalities, and inconsistent banking procedures. Regular State Rural Livelihood Mission meetings, bank participation, training, helplines, process improvements and coordination with bankers are intended to reduce barriers. Loan formalities are to be standardised across banks through a uniform process involving RBI and NABARD.
September 3, 2026
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Industrial development facilitation prioritises infrastructure, services, policy utilisation, and dry-port trade connectivity for businesses and agro-based farmers.
Industrial development facilitation extends beyond allocation of industrial plots to infrastructure development, services, and a favourable business environment. Industry-support policies seek to encourage participation by entrepreneurs, promote growth across sectors, and improve investment conditions without distinction between small and large enterprises. Dry-port infrastructure strengthens national and international trade connectivity, supporting import and export expansion for industrial and agro-based businesses.
September 3, 2026
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Regulated fintech infrastructure recognition highlights integrated payment, identity and collections capabilities across embedded financial product delivery.
Decentro operates an integrated fintech infrastructure platform combining payment acceptance, identity verification, banking and AI-led collections through a unified integration layer. It holds Payment Aggregator authorisations for online and physical payments, a Payment Service Provider licence through its GIFT City entity, and certification for offline identity-verification workflows. These capabilities support embedded financial products, payment acceptance, lending collections and related financial workflows for enterprise users.
September 3, 2026
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Responsible NBFC and HFC growth requires technology-enabled inclusion, proportionate regulation, sound governance, liquidity discipline, customer protection and cyber resilience.
NBFCs and HFCs can complement bank-led credit delivery through last-mile reach, sector-specific expertise, digital infrastructure, consent-based data sharing and cash-flow-based underwriting. Sustainable growth requires strong liquidity risk management, governance, compliance culture, diversified funding, stress testing, early-warning systems, dynamic provisioning and sound underwriting standards. Proportionate scale-based regulation, digital lending standards and a substance-over-form approach seek to support innovation while preserving financial stability. Customer protection, responsible lending, grievance redressal, fair recovery conduct, cyber resilience and protection of customer data remain essential.
September 3, 2026
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Debenture trusteeship fee fixing constitutes cartelisation by constraining independent pricing and restricting service availability in the market.
Collective minimum-fee fixing for debenture trusteeship services prevented trustees from making independent commercial pricing decisions and constituted cartelisation. Prescription of a benchmark fee limited and controlled the supply or market for such services by directing association members and non-members not to serve debenture issuers below that fee. The conduct contravened Section 3(3)(a) and Section 3(3)(b) read with Section 3(1) of the Competition Act, 2002.
September 3, 2026
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Digital textile printing enables flexible industrial production, shorter lead times, reduced screen dependency and sustainability-focused manufacturing for export markets.
Digital textile printing is presented as an industrial alternative to conventional screen printing, allowing direct production from digital design files with faster design changes, shorter lead times and flexibility across varying order quantities. Single-pass systems support high-volume production through fixed printing units and continuous fabric movement, while multipass platforms provide flexible production across natural, synthetic and specialised textiles. Digital production is associated with printing closer to demand, eliminating physical screens, reducing unnecessary production, and addressing wastewater reduction, chemical compliance, traceability and responsible manufacturing expectations.
September 3, 2026
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Economic growth and infrastructure investment were presented as supporting exports, skilled employment, connectivity, and long-term development.
Economic growth, export expansion and infrastructure investment are presented as interconnected drivers of India's development, global standing and employment opportunities. Infrastructure expenditure, railway expansion and improved transport connectivity are identified as measures intended to facilitate movement, simplify transportation, support trade and exports, and strengthen industrial and commercial activity. These measures are associated with the objective of a developed India by 2047 and enhanced employment, business and growth opportunities.
September 3, 2026
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Co-location and dark fibre settlement addressed allegations of preferential market-data access and speed advantages in trading.
SEBI's co-location and dark fibre matters involving NSE concerned allegations that certain stockbrokers obtained unfair preferential speed advantages to access market data and execute trades ahead of other investors. NSE pursued settlement applications covering both matters, and revised settlement terms increased the cumulative amount. Payments made by NSE together completed the agreed settlement amount.
September 3, 2026
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Preferential tariff treatment remains the condition for finalising the bilateral trade agreement and improving Indian export competitiveness.
Finalisation of the India-US Bilateral Trade Agreement is contingent on the United States extending preferential tariff treatment to India relative to competing supplier countries. Further negotiations are required following changes in the United States tariff environment. A comparative tariff advantage is intended to improve the price competitiveness of Indian goods in the United States market, particularly against competitors benefiting from lower duties under least-developed-country preferences or trade agreements.
September 3, 2026
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MSME secured lending equity capital, subject to regulatory approval, supports expansion without management-control change in operations.
Business Nextgen Finance Private Limited, a non-deposit taking non-banking financial company registered with the Reserve Bank of India, has raised Rs 215 crore in equity capital to expand secured credit for micro, small and medium enterprises. The transaction received prior Reserve Bank of India approval. The capital base will support secured lending scale-up, geographic expansion, technology investment and wider access to formal credit in underserved markets. The investment does not involve a change in management or day-to-day control.
September 3, 2026
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Money-laundering probes into narcotics trafficking rely on predicate police and narcotics cases and examine cross-border linkages.
Money-laundering investigation under the Prevention of Money Laundering Act involves coordinated searches in connection with multiple narcotics-trafficking matters. The investigation is founded on police and Narcotics Control Bureau FIRs and linked chargesheets concerning separate drug-trafficking allegations, including alleged trafficking in methamphetamine, marijuana and MDMA with suspected cross-border linkages.
September 3, 2026
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Conversational AI account management enables businesses to access payment information, settlement support, refunds, and payment links through WhatsApp.
RAY is a conversational AI account manager on WhatsApp that enables businesses to access payment information, support, and operational actions through messages or voice notes. It can provide payment summaries, analyse payment activity, monitor settlement status, generate payment links, and issue refunds. The AI assistant is designed to proactively identify payment-health issues, flag settlement events, recommend actions, and use merchant-specific context to support payment management without dashboard navigation.
September 3, 2026
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Portfolio management services distribution enables certified mutual fund distributors to digitally onboard and report for eligible high-net-worth clients through AssetPlus.
AssetPlus has launched Portfolio Management Services for certified Mutual Fund Distributor partners to digitally onboard, track, manage and report PMS investments for eligible high-net-worth clients. PMS distribution requires NISM Series-XXI-A certification and operates within the APRN distributor-registration framework. PMS comprises individually managed portfolios run by SEBI-registered Portfolio Managers and held in clients' demat accounts. The minimum investment is Rs. 50 lakh, and offerings are governed by the SEBI (Portfolio Managers) Regulations, 2020. The platform provides daily reconciliation of holdings, performance and valuations.
September 3, 2026
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NPOP-certified ethnic rice exports strengthen organic producer access to international markets through certification, traceability, and organised export production.
NPOP-certified ethnic rice exports from Tripura to Austria and the Netherlands connect local farmers and Farmer Producer Companies with international markets through organised, export-oriented production. The initiative emphasises certification, traceability, food safety and quality as requirements for access to markets for certified organic products. Buyer-seller linkages support export opportunities, while coordinated organic value-chain engagement strengthens certification and quality systems and supports producers in meeting international standards.
September 3, 2026
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Gated residential community launch combines smart-home villas, extensive lifestyle amenities and planned expansion into future residential developments.
VR LIVIN Ventures LLP launched 'THE FIRST', an 83-villa gated residential community in Madhavaram, North Chennai, which recorded sales of 20 villas during its first two launch days. The development includes smart-home villas and more than 50 lifestyle amenities, with access to nearby metro connectivity and social infrastructure. It forms part of the company's intended expansion of residential projects in Chennai and other South Indian locations.
September 3, 2026
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GST rationalisation for amusement park admissions could lower ticket prices, stimulate consumer demand, and support investment without input tax credit.
GST rationalisation for amusement park, water park and indoor entertainment admission tickets is sought through a flat 5% GST rate without Input Tax Credit. The proposed rate is intended to reduce ticket prices, improve affordability and increase customer demand in a capital-intensive tourism and entertainment sector. Many smaller and mid-sized operators report limited ability to offset GST liability through ITC. Lower taxation is projected to support facility expansion, revenue growth, new investment, employment and reinvestment in recreational services.

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Voices of Distinction: Ten Professionals Creating Enduring Impact

January 9, 2026

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CHANDIGARH, India, Jan. 8, 2026 /PRNewswire/ -- Kiteskraft Productions LLP proudly recognizes Voices of Distinction: Ten Professionals Creating Enduring Impact. Extending well beyond conventional roles, they emerge as mentors, thought pioneers, and drivers of change—fostering creativity, analytical thinking, ethical governance, and social accountability. Through their influential professional contributions, visionary leadership, and active community involvement, these remarkable individuals inspire generations to dream ambitiously and lead with purpose. Their shared impact creates a lasting legacy, establishing them as true architects of progress and guiding pillars for the nation's future. Dr. Ravineet R. Sami: Dr. Ravineet R. Sami is a respected leader in financial governance and higher education, with over two decades of experience defined by strategic vision, disciplined leadership, and commitment to institutional excellence and nation-building. As Chief Finance, Planning, and Development Officer at The University of Fiji, he has strengthened financial sustainability, governance frameworks, and long-term growth through digital transformation, infrastructure development, and robust compliance systems. A strong advocate of lifelong learning, Dr. Sami holds a Professional Doctorate in Leadership Management, an Honorary Doctorate in Accounting and Financial Management, an MSc in Finance and Investment, multiple MBAs, and prestigious international fellowships from Australia, New Zealand, and the United Kingdom. Beyond his institutional role, he serves as an Ambassador for the Association. Mr. Harish Chelani (CEO & Founder): Mr. Harish Chelani is a global entrepreneur whose rise from modest beginnings to a multi-million-dollar enterprise reflects vision and execution. Arriving in Dubai in 2003 with a salary of 1,000 AED, he worked relentlessly, often putting in 18 hours a day, to master global trade, consumer behavior, and supply chains. In 2014, he founded the Jumbo Master Group of Companies, now comprising 13 businesses across the UAE, Africa, and Oman, with active expansion into real estate and a large-scale entry into the Indian market underway. The group operates across FMCG and real estate, generating over USD 500 million annually. Its flagship brand, Classy, manages 250+ SKUs across food, non-food, and personal care, distributed in 1,500+ stores across 35+ countries. In 2025, the group won Best International Food Brand of the Year, while Mr. Harish Chelani received Best Innovative Businessman of the Year. Dr. Sanjeev Kumar: Dr. Sanjeev Kumar is a distinguished scholar, entrepreneur, and Supreme Court advocate whose career reflects a rare integration of literature, law, and leadership. He holds a Doctor of Literature (D.Lit.) along with advanced qualifications from MIT, Boston, the Institute of Cost Accountants of India, and the Institute of Company Secretaries of India, underscoring his academic and professional depth. With over 35 years of experience, he has successfully led organizations such as India Netbooks Pvt. Ltd. and BPA Advisory Limited, contributing significantly to finance, corporate governance, and legal strategy. A prolific author of 290 books across literature, law, and children's education, he stands among India's most versatile intellectuals. As Founder-Chairman of BPA Foundation and Vama Academy, he actively promotes language learning and empowerment. Mr. Pritesh Patel: Pritesh Patel is the Founder and CEO of Akshar Holdings, a UAE-based diversified group with operations spanning real estate leasing, brokerage, holiday homes, and allied services. Established in 2018, the organization was built on principles of trust, operational discipline, and long-term value creation. His entrepreneurial journey began in general trading, where early challenges shaped his conviction that sustainable businesses are driven by structure, patience, and accountability. Over time, he strategically expanded Akshar Holdings across the UAE, India, and select international markets. Known for his grounded and methodical leadership style, he prioritizes stability, compliance, and consistent performance. Patel remains focused on building resilient enterprises that create enduring value for clients, partners, investors, and the communities they serve with integrity and vision. Dr. Venugopal Reddy: Dr. Venugopal Reddy Iragamreddy, MBBS, DCH, MRCPCH, DSc, FRCPCH, FRACP, MBA, PhD, is an internationally recognised paediatrician, community health advocate, and healthcare leader with over fourteen years of clinical, academic, and administrative experience. At Ovum Woman and Child Specialty Hospital, Bengaluru, he has strengthened paediatric and community healthcare through evidence-based practice, quality systems, and structured hospital governance. A prolific academic, he has authored more than 150 peer-reviewed research papers and twelve medical books, contributing significantly to paediatric education and clinical preparedness. He also serves as Course Director for MRCPCH and MRCOG training programmes and is a recognised faculty member of the American Academy of Pediatrics and the Royal College of Paediatrics and Child Health. Beyond institutional roles, Dr. Reddy leads community health initiatives with organisations such as UNICEF and the United Nations Volunteers programme, focusing on maternal and child health, preventive care, public health awareness, and equitable access. Dr. Anupam Narula: Dr. Anupam Narula is a renowned Professor of Marketing and Head of Public Relations and Communication at Lal Bahadur Shastri Institute of Management (LBSIM), New Delhi. With over 30 years of rich experience spanning teaching, research, consulting, training, industry engagement, and institution building, he is widely recognised as a thought leader in management education. He has held key academic leadership roles including Founder Director, Dean, Head of Department, and Area Chairman, and has been associated with premier institutions such as FORE School of Management, Amity University, BIMTECH, and Jaipuria Institute of Management. Dr. Narula holds a Ph.D. in Economics, multiple postgraduate qualifications, and international certifications, with core expertise in consumer behaviour, service marketing, global innovation strategy, and marketing for higher education institutions. Dr. Dharmesh J. Shah : Dr. Dharmesh J. Shah is a nationally respected academic leader shaping India's higher education and research landscape. With over three decades of experience, he blends scholarly depth with strategic vision to build institutions that are research-driven, innovation-focused, and globally connected. An expert in Artificial Intelligence, Digital Image Processing, and VLSI Design, he has authored more than 100 research publications and holds multiple patents, reflecting his commitment to application-oriented innovation. Renowned for academic governance and curriculum reform, Dr. Shah has championed interdisciplinary learning, ethical leadership, and strong industry integration. As a mentor and thought leader, he has guided countless scholars and educators, playing a pivotal role in nurturing future talent and strengthening India's position as a competitive, knowledge-driven nation worldwide today. Mr. Vikram Kamrendra Singh: The artistic journey of Vikram Kamrendra Singh spans more than three decades of discipline and thoughtful exploration. A contemporary Indian artist, he is known for a refined visual language defined by minimal lines, symbolic restraint, and conceptual depth. His work explores time, memory, literature, and inner consciousness, inviting reflection rather than spectacle. Over the years, he has exhibited at respected institutions including AIFACS Gallery, Nehru Centre Mumbai, Arpana Art Gallery, India Habitat Centre, and the Gaiety Theatre Cultural and Heritage Complex, Shimla. Beyond gallery spaces, his illustrations and designs have appeared in books, journals, and publications, bridging visual art and literature. Recently conferred an Honorary Doctorate in Visual Art, Singh's career reflects integrity, patience, and enduring artistic relevance globally. Mr. Biswajit Chowdhury: Mr. Biswajit Chowdhury is a respected leader in India's social reform and community development space, known for decades of consistent humanitarian service. With over twenty-five years of active engagement, his work reflects integrity, perseverance, and a deep commitment to inclusive growth. A former President of the Rotary Club of Kolkata, he has focused on translating social responsibility into practical, sustainable action. His initiatives span public health, sanitation, community welfare, and organizational development, closely aligned with national priorities and grassroots needs. Honored with the Bharat Ratna Samman, his contributions are recognized nationally and internationally, not merely for achievements, but for a life devoted to ethical leadership, social harmony, and long-term societal transformation that continues to inspire future generations across communities. Dr. Ananth Vaidyanathan: Dr. Ananth Vaidyanathan, born into a middle-class Brahmin family in Kerala, exemplifies how perseverance, discipline, and passion can transform ambition into achievement. His professional journey began humbly as a bellboy at a five-star hotel in Hyderabad, from where he steadily rose through dedication and hard work. Over the years, he served across the hospitality spectrum, holding roles from kitchen steward and cook to general manager and senior vice president. For the past eighteen years, he has successfully led his own hospitality enterprise, Touch of Class, as its CEO. A doctorate holder from Panama University, he is among only four professionals in Maharashtra with a PhD in Hospitality. Honored with multiple national awards, he also leads the Bhagyam Impact Foundation. 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: 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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