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    LPG subsidy: Aadhaar biometric authentication mandatory for subsidised refills from Oct 1
    RBI orders removal of Maharashtra minister Babasaheb Patil, 7 others as directors of Latur DCC Bank
    US tariffs on Indian goods: A Chronology
    Graft case: Kerl BJP chief alleges 'fixed match' between Congress, CPM
    India's FTAs opening new career opportunities for youth: PM Modi
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    OnEMI Technology Solutions Limited’s Board Approves Fundraise of approximately ₹832 Crore through a Preferential Issue of Securities
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    Protean launches next-generation KYC Onboarding & Reporting Solution at Global Fintech Fest 2026
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September 19, 2026
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Biometric Aadhaar authentication becomes essential for domestic LPG consumers seeking regulated subsidised refill bookings, while market-price supply remains available.
Biometric Aadhaar authentication is required from October 1 for domestic LPG consumers to book subsidised refills at the regulated retail selling price. Authentication can be completed through delivery personnel, distributor showrooms or designated mobile applications. Consumers unwilling or unable to authenticate may obtain LPG at the applicable market price without subsidy after registering their choice through specified digital channels. The framework distinguishes subsidised LPG linked to Aadhaar-authenticated consumers from market-priced LPG and seeks targeted subsidy delivery, reduced leakage, and prevention of diversion, duplicate connections and ineligible access.
September 19, 2026
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Cooperative bank director tenure limits require disqualification and removal when service exceeds the statutory maximum period.
Directors of District Central Cooperative Banks and Central Cooperative Banks are subject to a maximum 10-year tenure under the Banking Regulation Act, 1949, as amended by the Banking Laws (Amendment) Act, 2025. RBI directed removal of a director ineligible to continue under section 10A(2A)(i), read with section 56, following concerns that directors of Latur District Central Cooperative Bank had exceeded the permitted tenure.
September 19, 2026
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Tariff treatment of Indian exports shifted from reciprocal duties to targeted trade measures, sectoral duties, and specified exemptions.
Upon expiry of the temporary global measure, an India-targeted 10 per cent Section 301 tariff, linked to forced-labour concerns, replaced it; the effective charge for most covered exports remained MFN duty plus 10 per cent. The current regime applies the Section 301 tariff to Indian exports except specified goods, with separate sectoral duties on steel, aluminium and auto components. Smartphones, medicines and energy products are exempt.
September 19, 2026
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PMLA-based FIR request over alleged consultancy payments remains under legal examination amid criticism of non-registration.
Enforcement Directorate sought registration of an FIR concerning alleged fraudulent payments by Cochin Minerals and Rutile Ltd to Exalogic Solutions, represented as IT consultancy fees. The request relied on evidence gathered through investigation and searches under the Prevention of Money Laundering Act. Registration remained under consideration after receipt of the Advocate General's legal opinion, with the Home Department examining the matter.
September 19, 2026
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Free trade agreements expand market access, entrepreneurial partnerships and youth career opportunities alongside public-sector recruitment and development participation.
Free Trade Agreements are presented as mechanisms for expanding cross-border partnerships, market access for entrepreneurs, and career opportunities for young persons. Youth employment is also linked to the expansion of the startup ecosystem beyond major cities and to public-sector recruitment through Rozgar Melas. Newly selected candidates are to join central government ministries, departments and organisations. Public service is framed around citizen-centred administration and decisions supporting a developed and self-reliant India.
September 19, 2026
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AI governance for regulated financial services enables natural-language automation while preserving enterprise security, auditability, control, and scalable deployment.
Assist-Edge enables teams to describe intended processes in natural language and use AI to create, modify, and enhance executable workflows. Working with reusable AI agents and workflows, it supports discovery, customisation, deployment, and scaling of enterprise automation. For banking, financial services, and insurance operations, its use is positioned alongside security, governance, auditability, and control, supporting governed adoption of scalable AI capabilities and movement from isolated experimentation to enterprise-wide intelligent automation.
September 19, 2026
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Recurring token reward distributions connect eligible holdings, platform activity, and partner participation through hourly settlement cycles.
BC Engine permits eligible $BC holdings to participate in hourly settlement rounds distributing BCD rewards. Participants can monitor active balances, cumulative rewards, unclaimed BCD, and settlement history through the Engine interface. Settlement amounts vary with ecosystem activity, while the mechanism links platform activity, token utility, user participation, and commercial partners through repeated value distribution rather than one-time promotional incentives.
September 19, 2026
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Asset monetisation of surplus public land and buildings is accelerated through transparent, value-oriented processes and stakeholder coordination.
NLMC's Board recommended monetisation proposals involving surplus land and building assets valued at over Rs. 5,000 crore. Monetisation is facilitated through asset identification, due diligence, valuation and appropriate process structuring, with emphasis on transparency, efficiency and value realisation. Sustained coordination with asset-owning entities is intended to expedite implementation and support timely, commercially appropriate monetisation of underutilised public assets.
September 19, 2026
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Zero forex markup on credit cards applies automatically to international transactions without conditions while preserving applicable rewards.
Zero Forex Markup applies automatically to international transactions made through all existing and new credit cards, without a new-card application, upgrade, spending threshold or other stated condition. International card spends do not attract forex markup charges. Reward Points or Cashback, where applicable to the relevant card, continue on international transactions. Existing credit cards may be used for overseas and cross-border payments without requiring a separate forex card solely to avoid such charges.
September 18, 2026
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Foreign exchange reserve valuation reflects currency movements as foreign currency assets and gold holdings decline.
India's foreign exchange reserves declined to USD 780.782 billion for the week ended September 11, driven by reductions in foreign currency assets and gold holdings. Foreign currency assets fell to USD 645.796 billion, with their dollar value reflecting movements in reserve currencies against the US dollar. Gold reserves also declined, while Special Drawing Rights increased to USD 18.845 billion. The reserve position with the IMF stood at USD 4.916 billion.
September 18, 2026
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Bulk sugar stockholding limits now allow expanded inventories only where additional supplies derive from designated import channels.
Bulk sugar consumers using more than 10 tonnes monthly as a raw material may hold up to 30 days' requirement instead of 15 days. Holdings above 15 days must consist exclusively of sugar imported under the Tariff Rate Quota or Advance Authorisation Scheme; sugar obtained from the open market remains restricted to 15 days' consumption. Bulk consumers must declare and disclose their sugar inventories every Friday through the food ministry's online portal.
September 18, 2026
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Trade facilitation and digitalisation support regional economic cooperation through simpler customs procedures, paperless exchange, resilient supply chains, and MSME access.
Priority measures included expanded intra-SCO trade, lower trade costs, resilient and diversified supply chains, trusted multimodal connectivity, greater market access, simplified customs processes, paperless trade and electronic document exchange. Digital and cross-border payments and accessible trade finance were identified to enable MSMEs and start-ups to participate in trade and value chains. Ministers agreed an Action Plan for 2026-2030 for further approval and approved regulations for a special working group on creative-economy development.
September 18, 2026
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Customs cooperation and trade facilitation advance electronic origin verification, pre-arrival information exchange, and safeguards against preferential trade misuse.
Customs cooperation and trade facilitation measures included pre-arrival information exchange, electronic verification of Certificates of Origin, and Customs automation and digitalisation. These measures are directed at facilitating legitimate trade while ensuring compliance with applicable rules and preventing misuse of preferential trade arrangements. Rail and road connectivity, freight movement, Integrated Check Posts and land-port infrastructure were reviewed to improve infrastructure utilisation and address operational bottlenecks affecting bilateral and transit trade.
September 18, 2026
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Preferential equity issuance approved to strengthen capital, support digital lending expansion, and fund subsidiary operations subject to required approvals.
OnEMI Technology Solutions Limited has approved a preferential issue of equity shares to identified investors, subject to shareholder and requisite regulatory and statutory approvals. The issuance is proposed under the Companies Act, 2013, the SEBI capital-issue and disclosure framework, other applicable SEBI regulations, and applicable law. Seventy-five per cent of the additional capital raised is proposed for infusion into its wholly owned subsidiary to support lending, technology, digital capabilities and product expansion, while the remaining twenty-five per cent is proposed for general corporate purposes.
September 18, 2026
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Fraudulent input tax credit claims through bogus invoices prompted arrest over alleged invoicing without actual supply of goods.
Alleged fraudulent availment, utilisation and passing on of inadmissible input tax credit involved invoices from purported suppliers found to be non-existent, non-functional, suspended or cancelled. Input tax credit was allegedly claimed without actual receipt of goods and passed on through invoices unsupported by corresponding supplies. Following investigation and recorded statements, the proprietor of an iron and steel trading firm was arrested under statutory arrest powers, while further investigation remains in progress.
September 18, 2026
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Direct tax collections: stronger advance tax payments support growth in corporate, non-corporate, and securities transaction tax receipts.
Direct tax collections grew through September 17, supported principally by increased advance tax payments from corporate and non-corporate taxpayers. Gross collections exceeded Rs 14.32 lakh crore, while net collections, after refunds, exceeded Rs 12.12 lakh crore. Corporate tax collections grew more strongly than non-corporate tax collections, and Securities Transactions Tax receipts recorded significant growth. The trend indicated broad-based tax buoyancy, supported by underlying economic activity, taxpayer confidence and business performance.
September 18, 2026
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Reusable consent-based KYC enables integrated onboarding, reporting, record updates and periodic re-verification for regulated financial institutions.
Central KYC-based onboarding enables regulated financial institutions to reuse a customer's existing verified identity record through the Central KYC Registry with customer consent. The integrated solution supports onboarding, KYC reporting, unsolicited notifications and re-KYC. It retrieves consented KYC records through CKYC APIs, uses facial matching or video-based customer identification for authentication, and applies AI-based duplicate detection. Reporting automates validation, image correction and real-time registry submission, while record updates and simplified periodic re-verification support the currency of institutional KYC information.
September 18, 2026
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Benchmark interest rate normalisation raises borrowing costs while monetary policy monitors inflation, wage growth, currency risks, and economic recovery.
The Bank of Japan increased the uncollateralised overnight call rate from 1.0 per cent to 1.25 per cent, advancing monetary-policy normalisation after a prolonged period of near-zero or negative rates. The increase was assessed against gradual economic recovery, inflation near its target, wage growth, currency fluctuations, elevated crude oil prices, and external risks. Further tightening remains contingent on stable price increases, wage developments, and monitoring of other risks.
September 18, 2026
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Direct tax collections reflect stronger advance tax payments, alongside increased corporate tax, securities transaction tax, and refund issuance.
Net direct-tax collections exceeded Rs 12.12 lakh crore through 17 September, reflecting 13 per cent growth following increased advance-tax receipts. Gross direct-tax collections exceeded Rs 14.32 lakh crore, while refunds exceeded Rs 2.20 lakh crore. Corporate-tax and non-corporate tax collections increased, as did Securities Transaction Tax collections. Advance-tax receipts exceeded Rs 5.22 lakh crore, comprising increased corporate advance tax and non-corporate advance tax payments.
September 18, 2026
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Upper-layer NBFC listing compliance sharpens corporate governance conflict over public accountability, shareholder liquidity, and preservation of private ownership.
Tata Sons' status as an upper-layer non-banking financial company has brought its proposed public listing into focus after the Reserve Bank of India rejected its application to voluntarily surrender core investment company registration. Tata Sons is required to take steps to comply with the enhanced regulatory framework applicable to upper-layer NBFCs, which includes stock-market listing. Classified in 2022, Tata Sons did not meet the original listing deadline and had pursued deregistration after repaying debt.

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BGMI Evolves into a Living Fantasy World with the 4.2 Update, Unlocking Primewood Genesis, Iconic Collaborations, and a New Competitive Era

January 15, 2026

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Brings Royal Enfield and Peaky Blinders collaborations, India-first cultural moments, and deeper progression systems. Bengaluru (Karnataka) [India], January 15: KRAFTON India today rolled out the BGMI 4.2 Update, ushering in the game’s most ambitious chapter yet. Headlined by Primewood Genesis, a fantasy-driven battleground shaped by collective player progression, the update blends immersive storytelling with iconic collaborations including Royal Enfield and Peaky Blinders, India-first seasonal events for Republic Day, BGIS and Holi, and a revamped ranked cycle system. Building on the celebratory momentum of the 4.1 update, BGMI 4.2 expands the experience beyond a traditional battle royale - offering players new ways to explore, compete, express identity, and connect within a constantly evolving game world. Introduces 1. Primewood Genesis, a fantasy-driven theme mode that transforms the battleground into a living, evolving world through collective player progression, environmental storytelling, and new ability-based gameplay 2. Royal Enfield collaboration, bringing the iconic Continental GT 650 and Bullet 350 into BGMI along with Peaky Blinders collaboration, introducing gang characters and the Thomas Shelby voice pack 3. Seasonal exchange events aligned with Republic Day, BGIS 2026, and Holi, offering permanent rewards, themed space gifts, and special event crates rooted in Indian moments 4. New Ranked Cycle System, resetting every three seasons under a half-year honour framework, with tighter promotion rules, cycle-based rewards, and refined competitive progression Primewood Genesis: A Living Fantasy Battleground At the core of the BGMI 4.2 Update is Primewood Genesis, a fantasy-driven theme mode that transforms the battleground into a living ecosystem shaped by collective player progression. Moving beyond static seasonal themes, Primewood Genesis introduces environmental storytelling at scale, where every match contributes to the growth and restoration of the World Tree. This shared progression model encourages collaboration across the community, making the battleground feel alive, responsive, and constantly evolving. The mode reimagines familiar terrain with mutant flora, evolving structures, and strategic control zones, creating a gameplay experience that rewards exploration, squad coordination, and tactical decision-making. Key features include: • A Global World Tree Progress Bar that unlocks abilities through collective player participation • The Primewood Heart, a central instance enabling battlefield control mechanics such as shields, teleport gates, healing zones, and traps • Magic Seeds that grow across matches and can be harvested for rewards • Hostile mutant flora guarding high-value chests and loot Fantasy Abilities, Mobility and Combat Innovation Primewood Genesis introduces fantasy-first gameplay systems designed to enhance mobility, tactical depth, and moment-to-moment combat variety. These mechanics shift the focus toward fluid movement, spatial control, and creative squad play, allowing players to approach encounters with greater flexibility and strategy. New abilities and tools also encourage counterplay, ensuring that fantasy elements remain balanced within BGMI’s competitive framework. Key features include: • Florawings, enabling enhanced flight and rapid repositioning • Targeting Vines that bind enemies, provide area control, and create destructible shields • Honey Badger – Overgrowth Variant, featuring kill-based restoration and explosive seed capsules • Bramblewood Scorpion, a stealth-focused vehicle capable of burrowing and surprise attacks • Cherry Blossom Deer, a two-seater fantasy vehicle designed for fast traversal Royal Enfield and Peaky Blinders: Iconic Collaborations Come Alive BGMI 4.2 deepens its collaboration ecosystem by bringing together two culturally powerful partnerships that blend global pop culture with Indian legacy. These collaborations go beyond cosmetic integrations, enabling players to engage with brands and stories that reflect aspiration, identity, and storytelling. The collaboration with Royal Enfield marks a milestone for BGMI as a cultural platform, introducing the Continental GT 650 and Bullet 350 into the battleground from 19th January 2026. The partnership bridges real-world motorcycling culture with virtual self-expression, allowing players to embody the spirit of freedom, craftsmanship, and exploration within gameplay. Complementing this, the Peaky Blinders collaboration brings globally recognised characters and audio experiences into BGMI, adding cinematic flair and narrative depth to competitive play. Key features include: • In-game integration of Royal Enfield Continental GT 650 and Bullet 350 • Royal Enfield-themed event crates and rewards • Peaky Blinders gang characters • Thomas Shelby voice pack Seasonal Exchange Events Rooted in Indian Moments Staying true to BGMI’s India-first approach, the 4.2 update introduces limited-time seasonal exchange events aligned with moments that matter most to the community. These events connect gameplay progression with national celebrations and esports milestones, reinforcing BGMI’s role as a shared cultural space. Key features include: • Republic Day Exchange, offering permanent rewards and themed space gifts • BGIS Exchange, featuring permanent rewards, a BGIS-themed space gift, and a Royal Enfield event crate coupon • Holi Exchange, unlocking themed sets, vibrant rewards, and crate coupons A New Competitive Chapter: Ranked Cycle System BGMI 4.2 marks a significant step forward in competitive integrity with the introduction of a new Ranked Cycle System. Designed to create clearer long-term goals and more meaningful progression, the system resets every three seasons under a half-year honour framework. Updated promotion requirements and reward structures ensure that rank advancement reflects consistent performance and skill. Key features include: • A half-year ranked cycle framework with seasonal resets • Revised S28 Promotion Matches with stricter personal performance requirements • Introduction of CYCLE Currency and new Treasure Chest rewards • Refined honour mark progression for higher ranks Gameplay Enhancements and Returning Experiences Alongside its new systems, BGMI 4.2 brings back fan-favourite modes and introduces quality-of-life improvements that enhance core gameplay and squad coordination. These updates ensure continuity for long-time players while improving accessibility and flow for newer audiences. Key features include: • Return of the Skyhigh Spectacle theme mode • A new cooperative climbing mechanic allowing players to boost teammates over obstacles • Multiple weapon balance adjustments Social Play, Relationships and Community Expression BGMI 4.2 expands the game’s social ecosystem, giving players more ways to connect, express identity, and engage beyond combat. New relationship-driven mechanics and community-focused competitions encourage longer-term engagement and shared progression. Key features include: • Valentine’s features such as Bonding Tree, gifting mechanics, and unlockables • Popularity Battle and Party Popularity Showdown with tier-based progression • Homeground competitions and customisation experiences Looking Ahead: New Landmarks and Future Teasers The update also introduces a new regional landmark checkpoint inspired by Saudi Arabia’s Elephant Rock, alongside early teasers for the upcoming 4.3.0 theme mode, hinting at underworld-transformed environments and space-time rift interactions. With Primewood Genesis, iconic collaborations, culturally rooted seasonal events, and meaningful competitive upgrades, BGMI 4.2 strengthens its evolution into a dynamic, community-driven platform—one that continues to grow alongside how Indian players play, compete, and connect. For the latest updates, follow BGMI’s official YouTube, Instagram and Facebook pages. About KRAFTON, Inc. Headquartered in South Korea, KRAFTON, Inc. is dedicated to discovering and publishing captivating games that offer fun and unique experiences. Established in 2007, KRAFTON is home to globally renowned developers that include PUBG STUDIOS, Striking Distance Studios, Unknown Worlds, VECTOR NORTH, Neon Giant, KRAFTON Montréal Studio, Bluehole Studio, RisingWings, 5minlab, Dreamotion, ReLU Games, Flyway Games, Tango Gameworks and inZOI Studio. Each studio strives to continuously take on new challenges and leverage innovative technologies. Their goal is to win over more fans by broadening KRAFTON’s platforms and services. With a passionate and driven team across the globe, KRAFTON is a tech-forward company that possesses world-class capabilities and is set on expanding its business horizons to encompass multimedia entertainment and deep learning. For more information, visit www.krafton.com. About KRAFTON India In India, KRAFTON is responsible for premier mobile games, including BATTLEGROUNDS MOBILE INDIA (BGMI), which has surpassed 200 million downloads, Bullet Echo India, Road To Valor: Empires, and CookieRun India, among others. Committed to enhancing the start-up ecosystem in India, KRAFTON has invested over $200 million in several Indian startups across interactive entertainment, gaming, Esports, and technology, since 2021. KRAFTON actively supports India’s game development ecosystem through its KRAFTON India Gaming Incubator (KIGI) while strengthening the Esports ecosystem with flagship events like the BATTLEGROUNDS MOBILE INDIA SERIES (BGIS) and BATTLEGROUNDS MOBILE INDIA PRO SERIES (BMPS). For more information, visit https://krafton.in/ (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI

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