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September 25, 2026
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Interest-free working capital assistance for FCV tobacco growers supports liquidity, institutional loan repayment, crop inputs, and reduced private borrowing.
A one-time, interest-free working-capital loan of Rs. 50,000 per barn is approved for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering about 44,000 growers, the assistance is proposed to be delivered through direct benefit transfer. It is intended to provide liquidity for household requirements, institutional loan repayment and crop inputs, while reducing dependence on private borrowing.
September 25, 2026
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Government securities auction calendar establishes retail bidding access, flexible issuance terms, greenshoe subscriptions, and periodic debt switch operations.
Each auction carries a non-competitive bidding facility, under which five per cent of the notified amount is reserved for specified retail investors. The Government may modify indicated amounts, issuance periods and maturities, and may issue instruments with non-standard maturities, floating-rate bonds or inflation-indexed bonds, having regard to governmental requirements, market conditions and other relevant factors. It may retain additional subscriptions through a greenshoe option and conduct switch or buyback auctions of dated securities.
September 25, 2026
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Market borrowing plan sets dated securities auctions, Treasury Bill issuance, redemption management, and temporary cash-flow support.
Government market borrowing for the second half of FY 2026-27 is to be raised through weekly auctions of dated securities, including Sovereign Green Bonds, across maturities from 3 to 50 years. Debt-management measures include switching and buyback operations to smooth the redemption profile and a greenshoe option for additional subscriptions. Treasury Bills are to be issued through weekly auctions in 91-day, 182-day and 364-day maturities. The Ways and Means Advances limit is fixed to address temporary mismatches in government accounts.
September 25, 2026
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GI-tagged agricultural exports expand farmer access to international markets through FPO-led value chains and higher price realisation.
APEDA facilitated the export of a one-metric-tonne consignment of GI-tagged Gulbarga Tur Dal from Karnataka to the Maldives through an FPO-led brand. Gulbarga Tur Dal has held GI registration since 2019. The export-linked channel provides farmers a realisation of Rs.82 per kg compared with a prevailing market price of Rs.60 per kg, while supporting closer integration of FPOs and farmers into export-oriented supply chains.
September 25, 2026
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Trader welfare policy discussions covered GST reform, digital commerce, finance access, export promotion, and coordinated institutional support.
Deliberations covered GST rationalisation, refund delays, audit duration, amnesty schemes, input tax credit anomalies and pending appeals, alongside proposed inclusion of traders in MSME facilitation committees, a centralised loan portal with a 30-day timeline, CIBIL score reforms and grievance helplines. Trader welfare measures considered timely contractor payments, safeguards against technical penalties, loan-repayment flexibility during lean periods and stronger Centre-State coordination.
September 25, 2026
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Gold smuggling through powdered gold concealed in food products led to seizure and arrests under customs law.
Intelligence-led interception and baggage examination identified foreign-origin gold converted into fine powder and mixed with packaged food products of similar colour, texture and consistency. Segregation and assaying yielded 9.40 kg foreign-origin gold, which was seized under the Customs Act, 1962. Questioning linked the passengers to the same organised gold-smuggling syndicate, and they were arrested under that Act.
September 25, 2026
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Customs seizure of suspected smuggled areca nuts and restricted poppy seeds followed intelligence-led cross-border enforcement operations.
Intelligence-led customs enforcement in Mizoram and Assam resulted in seizure, under the Customs Act, 1962, of suspected foreign-origin areca nuts and poppy seeds believed on preliminary inquiry to have been smuggled from Myanmar. Searches of locked, unattended godowns near the Indo-Myanmar border recovered the commodities, while interception of two trucks carrying poppy seeds without valid import documents led to seizure of the consignments and vehicles. Four persons connected with transportation of the poppy seeds were arrested.
September 25, 2026
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Industrial control system cybersecurity certification validates system-level protection across wind farm controls, networks, and lifecycle security services.
IEC 62443-3-3 Security Level 2 certification applies to a wind farm control system covering SCADA, PPC, PLC and industrial network devices. It assesses system-level security requirements, including the interaction of components, networks and security mechanisms within an overall industrial control environment. The cybersecurity framework also spans secure development, certified core control components, system-level protection, and security integration and maintenance services across the lifecycle of wind energy technologies.
September 25, 2026
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Foreign exchange reserve composition reflects a weekly decline driven by foreign currency assets despite a modest gold increase.
India's foreign exchange reserves declined by USD 14.881 billion to USD 765.901 billion for the week ended 18 September 2026. The contraction was principally driven by a reduction in foreign currency assets, which also reflect valuation effects from movements in non-US reserve currencies. Gold reserves increased, while Special Drawing Rights decreased and the reserve position with the International Monetary Fund remained reported separately.
September 25, 2026
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Five-day banking proposal remains under consideration amid strike plans and measures for uninterrupted banking and advance disbursements.
Five-day banking remains under governmental consideration, with no Finance Ministry commitment to implementation. Unions linked the proposal to the 12th Bipartite Settlement/9th Joint Note, which contemplated extended Monday-to-Friday working hours. Family pension revision and a pension option for resignees were identified as addressed, while withdrawal of the Performance Linked Incentive scheme remains in abeyance. Public sector banks were instructed to remain open on the preceding Sunday, and central government salaries, wages and pensions were directed to be disbursed in advance.
September 25, 2026
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Alternative fuel transition promotes ethanol, electric and hydrogen mobility to reduce imports, pollution, and strengthen farm income.
Alternative-fuel and public-transport measures seek to reduce dependence on imported petroleum, curb air pollution, and support farmer income and employment. Ethanol is positioned as a farm-income source through increased demand and returns for maize growers, alongside electricity, hydrogen and waste-derived CNG. Development and introduction of flex-fuel vehicles, using engines capable of operating on ethanol, electric tractors, hydrogen-powered vehicles and hydrogen buses form part of a cleaner-mobility strategy.
September 25, 2026
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Foreign-exchange market intervention expectations supported rupee appreciation amid improved risk sentiment, while importer demand and crude prices constrained gains.
Foreign-exchange market conditions supported a 19-paise appreciation of the rupee to 95.80 against the US dollar, aided by improved global risk sentiment and expectations of Reserve Bank intervention. Dollar demand from importers, high crude prices and US dollar strength constrained gains. Lower crude prices and dollar weakness could support the rupee, while geopolitical escalation may create pressure. Market participants expected intervention if the currency weakened toward 96.
September 25, 2026
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Credit health assessment combines score, repayment history, utilisation, accounts and enquiries to support informed borrowing and profile monitoring.
Credit health is broader than a numerical credit score and encompasses the way credit has been managed over time. Credit analysis requires a combined review of the score, repayment history, credit accounts, credit utilisation, credit history and credit enquiries. A credit report may identify management of EMIs and credit-card dues, existing borrowing obligations, use of revolving credit relative to available limits, and recent lender checks associated with credit applications. Incorrect or unfamiliar entries may be reviewed and, where necessary, raised with the relevant lender or credit bureau.
September 25, 2026
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Fuel-price mitigation measures use tax reductions, targeted subsidies and energy-security policies to ease pressure on households and energy-intensive industries.
European fuel-price intervention combines targeted subsidies, fuel-tax reductions, temporary regulatory flexibilities and energy-security investment to moderate the economic effects of sharply higher gasoline and diesel prices caused by disrupted supplies. Member States have temporary discretion to grant state aid to households and energy-intensive sectors, including agriculture, transport and fishing, and limited flexibility under EU spending rules for investments that improve energy security and reduce dependence on imported fossil fuels.
September 25, 2026
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AI management certification anchors responsible lifecycle governance, transparency, accountability, security, and human oversight for agentic loyalty systems.
ISO/IEC 42001:2023 certification applies to an Artificial Intelligence Management System governing AI development, deployment, oversight and continual improvement within the GRAVTY platform. The framework supports AI-related risk management, responsible governance, transparency, accountability, security and human oversight throughout the AI lifecycle. Its scope includes supervised and unsupervised learning models and large language models supporting personalised engagement, fraud management, loyalty intelligence, autonomous decision-making, operational automation and workflow support.
September 25, 2026
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Digital warehousing controls propose electronic tracking, secure transport, monthly returns, and risk-based compliance verification for warehoused goods.
Draft Warehousing Operations Regulations, 2026 would require public and private warehouse licensees to use the electronic portal and a digital warehouse management system for receipt, storage, transfers, removals and accounting of warehoused goods. Transport would generally require a one-time-lock and transit-risk insurance, subject to specified exemptions. Licensees would verify locks and goods, report discrepancies, maintain auditable electronic records, submit monthly returns, and permit removals for home consumption or export only upon electronic clearance orders. Non-confirmation, discrepancies and contraventions would trigger information demands, risk-based verification and action under the Customs Act.
September 25, 2026
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Technology risk governance requires banks to retain accountability, test resilience, and govern artificial intelligence before scaling financial services.
Technology risk governance must treat technology architecture as a first-order enterprise risk, alongside conventional financial risks, because the availability and integrity of core banking, payments, onboarding, credit, fraud-monitoring and reporting systems determine whether customers can access essential financial services. Banks may outsource technology functions but retain accountability for access controls, concentration, recoverability, data protection and exit options. Effective resilience requires secure architecture, asset visibility, timely remediation of vulnerabilities and legacy systems, identity and access management, effective controls, third-party oversight, post-incident learning, and regular recovery testing.

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KORA by Nilesh Mitesh Opens Its Third Store in Tamil Nadu at Anna Nagar, Chennai

January 15, 2026

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Bridge to Luxury Indian Men's Ethnic Wear Brand Expands Its Chennai Footprint in Response to Overwhelming Customer Love Chennai, Tamil Nadu, India (NewsVoir) KORA by Nilesh Chhadva and Mitesh Sumbad, the bridge to luxury Indian men's ethnic wear, is thrilled to announce the opening of its third store in Tamil Nadu at 2nd Avenue, Anna Nagar, Chennai on January 14, 2026. This new flagship store marks a significant milestone in the brand's journey, driven by the overwhelming love and support received from Chennai customers since the launch of its Nungambakkam store.

The Anna Nagar store opening is a heartfelt response to the warmth and appreciation shown by Chennai's discerning clientele. Following the success of KORA's presence in Nungambakkam and Coimbatore, this expansion brings the complete KORA experience closer to North Chennai residents, offering unparalleled access to luxury ethnic wear crafted for the modern Indian man.

A Celebration of Tamil Heritage Meets Contemporary Elegance Understanding the cultural nuances and preferences of Tamil customers, the Anna Nagar store showcases collections that beautifully resonate with local traditions while embracing contemporary sophistication. The store features an exquisite range of traditional veshti sets, angavastram-styled sherwanis, classic pancha with coordinated kurtas, and festive silk kurta sets perfect for Pongal, weddings, and temple occasions. Each piece honors Tamil heritage while incorporating modern silhouettes and premium fabrics that appeal to today's gentleman.

For the Tamil bridegroom, KORA offers bespoke wedding collections featuring luxurious silk sherwanis, intricately embroidered, designer veshti combinations, and contemporary indo-western ensembles that perfectly blend tradition with style. The store's made-to-measure service ensures every groom looks and feels exceptional on his special day, with personalized styling consultations that respect cultural traditions while creating distinctive, memorable looks.

"The love we've received from Chennai has been overwhelming and truly humbling. Our customers in Nungambakkam and across Tamil Nadu have embraced KORA as their destination for meaningful celebrations and everyday elegance. Opening our third store in Tamil Nadu at Anna Nagar is our way of saying thank you and bringing the KORA experience even closer to the wonderful people of Chennai who have made us part of their most cherished moments," Nilesh Chhadva & Mitesh Sumbad, Founders, KORA by Nilesh Mitesh.

A Global Brand with Deep Indian Roots Since its establishment in 2011 by designer duo Nilesh and Mitesh, KORA by Nilesh Mitesh has grown from a boutique design studio to a globally recognized bridge to luxury Indian men's ethnic wear. Today, KORA operates 28 stores across three countries, serving discerning gentlemen who appreciate the perfect balance of traditional craftsmanship and contemporary design.

KORA's Pan-India & International Presence: • Maharashtra: Mumbai, Pune, Nashik, Nagpur • Gujarat: Ahmedabad ,Rajkot, Surat, Vadodara • Karnataka: Bangalore (Richmond Road, Jayanagar) • Telangana: Hyderabad (Banjara Hills, Gachibowli) • Tamil Nadu: Chennai (Nungambakkam, Anna Nagar), Coimbatore • Other Cities: Delhi (Omaxe Chowk), Indore, Lucknow, Vijayawada • International: London, Birmingham, Dubai (Meena Bazaar) The KORA Experience at Anna Nagar The new Anna Nagar store spans 4,200 square feet of elegantly designed retail space, featuring contemporary interiors that celebrate Indian aesthetics. The store offers an immersive shopping experience with dedicated sections for traditional wear, contemporary fusion pieces, wedding collections, and festive ensembles. Customers can expect personalized styling consultations, expert tailoring services, and access to exclusive collections crafted with premium fabrics and intricate handwork.

KORA's signature made-to-measure service allows every customer to create garments tailored to perfection, ensuring impeccable fit and personalized style. The brand's commitment to quality is evident in every stitch, with each piece reflecting meticulous attention to detail and a deep respect for Indian textile heritage.

Grand Opening Celebrations To celebrate the Anna Nagar launch, KORA by Nilesh Mitesh invites Chennai residents to experience the store's opening week festivities. Visitors will enjoy exclusive previews of new collections, complimentary styling consultations, and special launch offers. The store will operate from 10:30 AM to 9:00 PM daily, with appointments available for personalized consultations.

"As we expand our footprint in Tamil Nadu, we remain committed to our founding vision: to be the bridge that connects discerning gentlemen to luxury ethnic wear that celebrates their heritage while embracing their contemporary lifestyle. Whether you're a groom preparing for your wedding or someone building a timeless wardrobe, KORA is where tradition meets innovation, and quality meets soul," Nilesh Chhadva & Mitesh Sumbad, Founders, KORA by Nilesh Mitesh.

About KORA by Nilesh Mitesh KORA by Nilesh Mitesh is a bridge to luxury Indian men's ethnic wear brand established in 2011 by designer duo Nilesh and Mitesh. The brand specializes in traditional and contemporary ethnic wear that honors Indian craftsmanship while embracing modern design sensibilities. With 28 stores across India, the United Kingdom, and the UAE, KORA serves the modern Indian gentleman who seeks the perfect balance of heritage and contemporary style. Each KORA garment is crafted using premium fabrics, intricate handwork, and impeccable tailoring, offering collections that include kurta sets, sherwanis, indo-western ensembles, bandhgalas, and bespoke wedding attire. The brand's commitment to quality, authenticity, and customer service has made it a trusted destination for weddings, festivals, and special celebrations. For more information, visit www.koranm.com or follow @korabynm on Instagram.

Store Address: KORA by Nilesh Mitesh Shop No. 5, 2nd Avenue Anna Nagar, Chennai Tamil Nadu 600040 Phone: +91 [9820039056] Email: [email protected] (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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