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August 18, 2026
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Fair Price Shop regulation introduces graded stock-shortage penalties, mandatory FIRs for major discrepancies, and restructured licensing requirements.
Fair Price Shop regulation introduces quantity-based penalties for stock discrepancies, ranging from performance-guarantee forfeiture and replenishment obligations to interim suspension, cancellation-related action and mandatory FIR registration for major shortages. Repeated or deliberate diversion or manipulation of public distribution supplies may lead to cancellation, blacklisting and FIR registration. Licensing now includes continuing regular licences and short-term temporary licences, with wider eligibility, points-based selection, card-linked performance guarantees and compulsory approved e-PoS, weighing-scale and iris-scanner use.
August 18, 2026
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Priority sector lending strengthened rural credit access through agricultural, micro-enterprise and weaker-section finance, reinforcing financial inclusion and sustainable development.
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August 18, 2026
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Adjustable pallet racking systems support customised, scalable warehouse storage through configurable layouts, safety assessment, installation and lifecycle support.
Adjustable pallet racking systems are configurable warehouse-storage solutions for varied inventory dimensions, weights and product types. They support bulk pallet storage, multi-level picking and high-density configurations through adjustable beams and shelves, load-bearing capacity, structural durability and space-efficient layouts. Storage configurations are customised after assessing inventory dimensions, payload requirements, available space and material-movement frequency, with support for design, installation, inspections and after-sales service.
August 18, 2026
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Domestic consumption expansion targets lower-tier markets through improved retail channels, distribution networks, employment support and household income opportunities.
China has introduced measures to strengthen domestic consumption in counties, smaller cities, townships and rural areas. The measures include upgrading township commercial centres, rural markets and local fairs; encouraging domestic and international brands to establish regional debut stores; and reusing existing land resources to improve services. They also seek better services for elderly persons and children, stronger urban-rural distribution networks, county-level employment and resident income channels. The strategy supports a shift towards household consumption amid weak domestic demand, property-sector pressures and subdued consumer sentiment.
August 18, 2026
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Currency management preserves monetary sovereignty through clean notes, secure logistics, decentralised distribution, durable banknotes, and sustainable cash-cycle operations.
Currency management supports trust in cash and monetary sovereignty through demand planning, secure production, distribution, replacement, and disposal. The Clean Note Policy requires good-quality banknotes to be available in required denominations and locations, with unfit notes continuously withdrawn and replaced. A decentralised Currency Chest network distributes fresh currency, processes returned notes, supports linked bank branches, and operates under licensing, real-time reporting, inspection, and audit requirements. Current priorities include managing uncertain cash demand, improving note durability, and reducing the carbon footprint of the cash cycle.
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Independent investigation of alleged dubious transactions requires examination of all six allegations despite prior police conclusions.
Investigation into alleged dubious transactions involving Indiabulls Housing Finance Limited and related entities must cover all six allegations identified by the Enforcement Directorate. The CBI must independently examine five allegations previously reviewed by the Delhi Police Economic Offence Wing, irrespective of its conclusion, and submit a comprehensive report. Further investigation into the sixth allegation depends on the special PMLA court deciding the CBI's pending application, after which the CBI must provide a progress or status report.
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Boss scam prevention requires independent verification of payment requests and avoidance of malicious WhatsApp attachments that enable executive impersonation.
Boss scam, or CEO impersonation fraud, uses malicious WhatsApp attachments and impersonation of regulatory officials or company executives to obtain control of WhatsApp sessions and issue fraudulent payment instructions. The alleged network supplied SIM cards, dummy SIMs, WhatsApp accounts and one-time passwords to cyber-fraud operators, illustrating a Cybercrime as a Service model. Preventive measures include avoiding suspicious ZIP, executable, library and APK files and independently verifying all financial-transfer requests.
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Floating-rate personal loan prepayment protections prohibit charges and compulsory lock-ins for qualifying individual non-business borrowers from 2026.
Prepayment charges are prohibited for part or full repayment of qualifying floating-rate loans availed by individual borrowers for non-business purposes and sanctioned or renewed on or after 1 January 2026. Compulsory lock-in periods cannot restrict prepayment of such loans. Fixed-rate personal loans may still attract prepayment or foreclosure charges under lender policy and contractual terms. Borrowers should check the loan's rate type, sanction letter, loan agreement and key fact statement, where applicable, and compare applicable charges with potential interest savings before early repayment.
August 18, 2026
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Premium Basmati rice positioning drives Zeeba's packaging refresh and ambassador-led campaign focused on quality, authenticity and domestic expansion.
Zeeba has refreshed its packaging and appointed Chef Vikas Khanna as global brand ambassador to support expansion in India. Its "Aisa Basmati Nahi Dekha" campaign positions the brand around export-quality Basmati rice, consistency, authenticity and a superior culinary experience. Promotional activity will extend across digital, retail and consumer touchpoints. The premium Basmati range is described as carefully sourced, naturally aged and processed according to global quality standards, with emphasis on grain quality, authentic taste, purity and consistency.
August 18, 2026
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Silver-collateral lending creates a formal secured-credit channel for eligible borrowers, subject to regulatory requirements and lender policies.
Loans against silver collateral have been introduced following the Reserve Bank of India's Lending Against Gold and Silver Collateral Directions, 2025, enabling eligible regulated lenders to accept silver as security. The offering provides a formal and transparent credit channel against eligible silver jewellery, ornaments and approved silver coins. It is intended for individuals, proprietors and MSMEs requiring liquidity for personal, business and other legitimate financial needs, subject to lending policies and applicable regulatory requirements.
August 18, 2026
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Healthcare discount membership provides instant savings on out-of-pocket care at participating premium providers without insurance claims or paperwork.
CarePass is a healthcare savings membership card providing instant point-of-billing discounts at participating premium healthcare providers across India. It covers out-of-pocket spending on hospital treatment, diagnostics, dental, vision, dermatology, hair and skin care, and IVF and maternity services, without claim processing, waiting periods or paperwork. Members present a digital CarePass at a participating provider to receive the applicable discount. Four membership tiers offer differing benefits, with higher tiers including tele-consultations and annual health checks. CarePass is a discount membership and not an insurance product.
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EXIM operations at Vizhinjam commence with container movement, supported by investor facilitation, infrastructure backing and port-led logistics development.
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Money-laundering investigation under PMLA expands through searches into alleged consultancy payments linked to CMRL and Exalogic Solutions.
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Recruitment examination irregularities trigger money-laundering investigation into alleged bribery, paper leaks, answer-sheet tampering, and preferential veterinary officer selections.
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RERA compliance exemption for stalled housing projects raises whether statutory obligations may be waived to enable phased project completion.
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PSB Confluence 2026 considers strategic priorities for Public Sector Banks and Public Financial Institutions across deposit mobilisation, banking for youth, investment-cycle financing and Global Capability Centres. Discussions seek practical, scalable strategies to strengthen customer engagement, youth-responsive banking propositions, institutional financing capabilities and participation in the expanding Global Capability Centre ecosystem. Youth engagement may use the MY Bharat platform to strengthen links with the formal financial system and awareness of education finance, entrepreneurship, internships and financial-sector careers. Further themes include value-chain infrastructure, priority sector lending and credit card business reform.
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Banking-sector reform will guide lender capacity, financial stability, inclusion, consumer protection, deposit growth and responsible credit-card expansion.
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FCNR(B) concessional swap facility availability narrows to timely mobilised deposits amid rupee depreciation and foreign currency inflow concerns.
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Karnataka urges Centre to address state's 'shrinking fiscal space' in Union Budget

January 10, 2026

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Bengaluru, Jan 10 (PTI) The state government on Saturday urged the Centre to address Karnataka's "shrinking fiscal space" in the Union Budget 2026-27, stating that the state is under mounting pressure due to GST changes, rising social commitments and rapid urbanisation.

Karnataka Revenue Minister Krishna Byre Gowda, on behalf of the state government, handed over a representation to Union Finance Minister Nirmala Sitharaman at the Union Pre-Budget Meeting for 2026-27 in Delhi today.

In a release issued by the Chief Minister's Office, Gowda said, "Karnataka is a major contributor to national growth, but is facing shrinking fiscal space amid GST changes, rising social commitments, climate shocks, and rapid urbanisation. States' responsibilities have expanded faster than their revenues, necessitating corrective fiscal measures in Budget 2026-27." The minister also flagged the fiscal and employment impact of replacing the demand-driven Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) with the allocation-based Viksit Bharat Guarantee for Rozgar and Ajivika Mission (Gramin) (VB-G RAM G) scheme.

He said the shift had reduced effective employment days and cautioned that to continue providing livelihood security to the tune of 13 crore person-days, "Karnataka would require approximately Rs 2,000 crore, which is fiscally unsustainable." The minister sought reconsideration of the scheme design, restoration of demand-driven employment and adequate uncapped central funding.

Gowda stressed that while Karnataka is a major contributor to national growth, it is increasingly constrained fiscally.

He said the state wished to place certain new issues, along with a reiteration of earlier matters, for consideration in the Union Budget 2026-27.

On GST rate rationalisation, the minister highlighted a significant erosion of the state revenues.

Gowda noted that post-rationalisation, Karnataka's GST growth had declined from 12 per cent to five per cent, resulting in a Rs 5,000 crore shortfall this year and Rs 9,000 crore annually.

While the Centre had offset its losses through cess on pan masala and excise on tobacco, he pointed out that states lacked similar flexibility and requested "a robust revenue protection mechanism for states and to ensure full compensation for revenue loss, similar to GST Compensation Cess." The minister called for sharing of excise duty on tobacco and cess on pan masala. Observing that states bear the public health, enforcement, and regulatory costs, he said it was inequitable that cess proceeds remain outside the divisible pool and sought 50:50 sharing of excise duty on tobacco and cess on pan masala to restore fiscal equity and cooperative federalism.

Gowda also flagged delays in Central releases under the Jal Jeevan Mission (JJM).

Against a Central release of Rs 11,786 crore, Karnataka had released Rs 24,598 crore, including Rs 13,004 crore in advance over and above its share to avoid disruption of JJM works, he said.

Gowda requested urgent release of pending Central share, including reimbursement of advances, to ease fiscal stress and ensure timely completion.

In agriculture, the minister noted that the MSP procurement was inadequate for crops affected by gluts and perishability.

Karnataka has proposed a Price Deficiency Payment Scheme (PDPS) for eight crops--maize, soybean, mango, chilli, onion, tomato, turmeric and ginger, and requested an "additional allocation of Rs 796 crore under PM-AASHA" for timely rollout in 2026-27.

The minister further sought enhanced Central support for frontline workers, stating that contributions to Anganwadi workers, ASHAs and cooks/helpers had remained stagnant.

He requested revision of the Central share to Rs 8,000 per month for Anganwadi and ASHA workers and Rs 5,000 per month for cooks and helpers, along with expansion of National Social Assistance Programme coverage to 50 per cent total beneficiaries and upward revision of pension amounts.

On infrastructure and regional development, Gowda reiterated the demand to declare the Upper Bhadra Project a National Project and to release Rs 5,300 crore Central assistance as announced 2023-24 Union Budget.

He also sought expeditious release of pending 15th Finance Commission grants and disaster relief, citing Special Grants of Rs 5,495 crore, State-Specific Grants of Rs 6,000 crore and a 15th FC grants shortfall Rs 4,044 crore.

Emphasising regional equity, he said Kalyana Karnataka requires "additional Central support beyond state's Rs 5,000 crore annual allocation to bridge Human Development Index (HDI) gaps".

The minister reiterated Karnataka's "commitment to fiscal discipline and national growth" and appealed for Budget 2026-27 to restore fiscal balance, predictability, and trust between Centre and states. PTI GMS KH

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