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    Rupee falls 8 paise to 95.25 against US dollar in early trade
    APEDA Facilitates First-Ever Export of GI-tagged Mithila Makhana by Sea Route from Bihar to Australia
    Government signs strategic MoUs with key industry leaders and ecosystems to strengthen support to StartUps
    No Charges for UPI Users
    Competition Commission of India (CCI) hosts BRICS Heads of Competition Authorities 2026 meeting
    ICoAS fraternity reaffirms commitment to cost optimisation for Atmanirbhar Bharat on ICoAS day 2026
    Govt to introduce bill in Lok Sabha to broaden NCDC's mandate for co-operative sector growth
    AAP govt indulged in large-scale financial irregularities, caused losses to exchequer: Delhi minister
    ED files chargesheets in 2 PMLA cases against Anil Ambani Group companies, ex-executives
    RJD criticises UDF govt's move not to disburse pensions through cooperative banks
    Raymond Limited reports a healthy Q1 FY27 performance
    Why Most People Choose the Wrong Savings Account And How Not to Be One of Them
    RBI has proactively helped UCBs; cooperatives should look at regulator differently: Shah
    Ministry of Agriculture, Food and Rural Affairs and aT Host '2026 K-Food Fair in New Delhi, India'
    No compromise on tackling illegal immigrants' issue: Minister Priyank Kharge
    Technology, transparency key for urban cooperative banks to stay competitive: Shah
    Paul Merchants Gets RBI Approval for Perpetual AD Category-II Licence Under Revised FEMA Framework
    IEPFA Organises Stakeholder Engagement with Nodal Officers of Companies on Integrated IEPFA Portal 2.0
    Rupee settles with 5 paise gain at 95.17 against US dollar
    India weathered Hormuz disruption without fuel shortages: Puri
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    August 10, 2026
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    Foreign-exchange market conditions weakened the rupee as stronger dollar and crude prices offset support from reserve growth and inflows.
    Foreign-exchange market conditions saw the rupee weaken against the US dollar in early trading, influenced by a stronger dollar and higher global crude oil prices. Foreign institutional equity inflows and increased foreign-exchange reserves moderated pressure on the rupee. Market attention remained focused on developments in West Asia and the Reserve Bank of India, alongside movements in the dollar index, crude oil prices and domestic equity markets.
    August 10, 2026
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    GI-tagged Mithila Makhana export facilitation expands sea-route market access while supporting quality compliance and farmer-linked value chains.
    Export facilitation for GI-tagged Mithila Makhana enabled the first commercial sea-route shipment from Bihar to Australia. APEDA, in association with the Bihar agriculture department, supported market access, coordination, capacity building and stakeholder engagement. The export model is intended to improve farmer price realisation, require adherence to global quality standards, and strengthen growers, processors and exporters. A separate HS Code for Makhana has taken effect under the Finance Bill, 2025, supporting product-specific trade classification.
    August 10, 2026
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    Startup ecosystem support expands through digital payments, cloud access, AI innovation, investment readiness, governance support and global market programmes.
    DPIIT has entered into strategic MoUs to support DPIIT-recognised startups through payment infrastructure, entrepreneurship development, cloud technology, mobility innovation, investment readiness and global-market access. Eligible startups may receive payment and cloud support, technical training, mentorship, startup formalisation assistance, market and investor connections, AI and mobility enablement, and programmes addressing governance, financial readiness, compliance and international expansion. The collaborations promote innovation across digital payments, clean energy, artificial intelligence, climate technology, advanced manufacturing, mobility and automotive technology.
    August 10, 2026
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    UPI transaction charges remain unavailable for consumers and person-to-person payments, while limited threshold-based merchant MDR may be considered.
    Proposed amendment of section 10A of the Payment and Settlement Systems Act, 2007 is intended to support UPI sustainability, technological advancement and resilience. Consumer payments and person-to-person transactions are to remain free. Any future merchant discount rate would apply only to limited merchant transactions above a threshold, at a nominal rate, while most merchant transactions remain free. The framework supports investment in cybersecurity, fraud prevention and infrastructure, alongside a self-sustaining and inclusive digital-payment ecosystem.
    August 10, 2026
    Show AI Summary
    Fair competition cooperation in renewable energy markets advances knowledge-sharing and evidence-based enforcement across interconnected digital and energy markets.
    BRICS competition authorities adopted a Joint Statement strengthening cooperation to promote fair competition, including in renewable energy markets. Cooperation focuses on dialogue, knowledge-sharing and consideration of cross-border competition challenges in digital markets, emerging technologies and the energy transition. Competition enforcement is to remain principled and evidence-based, supporting efficiency, consumer welfare, innovation and merit-based competition. A collaborative renewable-energy competition study identified evolving market dynamics and areas for future cooperation.
    August 10, 2026
    Show AI Summary
    Cost optimisation in public finance strengthens investment decisions, risk allocation, indigenous manufacturing and value-driven government expenditure through specialised financial expertise.
    ICoAS cost optimisation supports public financial management through prudent resource utilisation, financial oversight and improved cost management across government. Its role includes supporting indigenous manufacturing, better investment decisions, efficient public expenditure and maximum value for public spending. With greater private-sector participation and Public-Private Partnerships, ICoAS officers are expected to promote cost efficiency, appropriate risk allocation and sound project structuring. Capacity building emphasises integrity, financial modelling, data visualisation, analytical frameworks and artificial intelligence for improved public-finance management.
    August 9, 2026
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    Co-operative development financing would expand through direct assistance, share-capital participation and wider operational powers for sectoral support.
    National Cooperative Development Corporation (Amendment) Bill, 2026 proposes to broaden the Corporation's mandate to promote co-operative development. It would permit direct loans and grants to co-operative societies and other entities engaged in co-operative development, where funds are used for co-operative purposes. With Central Government approval, the Corporation could participate in the share capital of such entities. The proposals also expand the meaning of foodstuffs, remove geographical restrictions for industrial-goods assistance, and provide additional functional powers.
    August 9, 2026
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    GST compliance failures and electricity subsidy controls raise allegations of financial irregularities and potential losses to the public exchequer.
    Allegations based on a Comptroller and Auditor General report identified purported GST compliance failures involving outstanding tax liabilities, e-way bills generated after cancellation of GST registrations, limited bill scrutiny, non-compliance, and turnover mismatches. The allegations also concerned electricity subsidies extended to consumers with prolonged zero bills or apparent non-residence, presenting these issues as possible financial irregularities and losses to the public exchequer.
    August 9, 2026
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    Money-laundering prosecution complaints allege fund diversion through shell entities, credit-facility evergreening, layered transactions and fictitious project expenditure.
    Money-laundering prosecution complaints allege that funds from toll-road projects and credit facilities were diverted through group companies, contractors, shell entities and conduit accounts. In the toll-road matter, allegedly sham or back-dated subcontracting arrangements and subsequent documentation were used to portray transfers as genuine project expenditure. In the credit-facilities matter, fresh facilities were allegedly used to repay, rotate and evergreen earlier liabilities rather than for sanctioned end-use, with funds layered and presented as legitimate business expenditure or receipts. Attached assets are sought to be confiscated as alleged proceeds of crime.
    August 9, 2026
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    Direct Benefit Transfer pension disbursement replaces cooperative-bank doorstep delivery, while preserving home payments for beneficiaries unable to use bank accounts.
    Direct Benefit Transfer of social security and welfare pensions to Aadhaar-linked bank accounts is intended to replace cooperative-bank doorstep delivery, except for bedridden and similarly situated beneficiaries. The change addresses delays in remitting undistributed pensions, deficient record updates and reconciliation, duplicate payments, delivery incentives, and compliance with Direct Benefit Transfer norms. Criticism focuses on beneficiary access to linked commercial-bank accounts, possible minimum-balance deductions, exclusion of cooperative banks, and the effect on doorstep-delivery workers.
    August 8, 2026
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    Engineering business growth supported Raymond's first-quarter performance, with export expansion, capacity investment and net-debt-free financial flexibility.
    Raymond Limited reported unaudited first-quarter FY27 growth in total income, EBITDA and profit before tax before exceptional items, while remaining net-debt-free with a net cash surplus. Its Engineering business comprises Precision Technology & Auto Components and Aerospace & Defence. Growth in the former was attributed to export expansion, operating leverage, product mix and cost reductions. Aerospace & Defence growth was linked to production for global OEMs, portfolio expansion and increased capacity, although margins were affected by targeted research and development investment. Forward-looking statements remain subject to regulatory, political, economic and technological risks.
    August 8, 2026
    Show AI Summary
    Savings account selection requires comparison of effective interest, fees, digital service, access, and individual banking needs.
    Savings-account selection should compare effective interest returns under slab-based rates, recurring operating charges and the customer's actual banking needs. Net value depends not only on advertised rates but also on relevant minimum-balance, card, ATM, alert and transfer fees. Digital reliability, customer support, branch availability and ATM access should be assessed according to the customer's average balance, cash use, transfer frequency, travel patterns and need for in-person assistance. The suitable account is one that matches real banking behaviour.
    August 8, 2026
    Show AI Summary
    Urban cooperative bank regulation promotes licensing, governance, compliance support and cybersecurity measures to strengthen stability and depositor confidence.
    Urban cooperative banks are encouraged to recognise regulatory support through liberalised branch opening, doorstep banking, demand drafts, life certificates, dedicated regulatory coordination, enhanced gold-loan limits, one-time settlements and progress towards on-tap licensing. Sound governance is material to sectoral stability, while small-borrower lending is presented as a comparatively safe lending segment. The umbrella body can support member banks through technical expertise, compliance assistance, cybersecurity solutions and participation in a security operations centre to strengthen depositor confidence.
    August 8, 2026
    Show AI Summary
    Korean food export promotion combines buyer consultations, regulatory guidance and consumer experiences to support entry into Indian and South Asian markets.
    Korean food export promotion in India and South Asia combined business consultations with consumer-facing activities. Individual meetings connected Korean exporters with regional buyers and generated memoranda of understanding for products including frozen gimbap, ginseng wine and kombucha. Exporters received on-site guidance concerning non-tariff barriers, including food import customs clearance and certification requirements. Preparatory online sessions addressed import procedures, regulatory matters and consumer trends, while consumer events promoted Korean food through tasting, retail and experiential activities.
    August 8, 2026
    Show AI Summary
    Illegal immigration enforcement prioritises dismantling entry, documentation and employment networks while requiring citizens to report information through police channels.
    Illegal immigration enforcement involves continuous identification and verification operations, coordination with relevant officials, and confidential investigation of networks facilitating entry, identity documentation, accommodation and employment. Enquiries extend to intermediaries, contractors, Aadhaar procurement and verification practices, rather than focusing only on apprehended individuals. Citizen vigilantism, moral policing and social-media targeting of suspected migrants are discouraged because they may compromise investigations; information should instead be given through proper police channels.
    August 8, 2026
    Show AI Summary
    Technology, transparency and governance strengthen urban cooperative banks through modern customer services, depositor protection and cooperative-sector support.
    Technology adoption, transparency, sound governance and modern customer services are identified as necessary for urban cooperative banks to remain competitive. Banks are encouraged to join the sector's umbrella organisation and self-regulatory body, which provides capital, information-technology infrastructure and liquidity support. Protection of depositors' money remains a regulatory responsibility, while banks are expected to improve governance, train staff, adopt technology and enhance customer-centric services. Customer prosperity and reduced perception gaps between the central bank and urban cooperative banks are emphasised as measures to strengthen the sector.
    August 8, 2026
    Show AI Summary
    Authorised Dealer Category-II licensing expands permissible FEMA current account and foreign trade transaction services for cross-border payment customers.
    An Authorised Dealer Category-II approval under the Foreign Exchange Management (Authorised Persons) Regulations, 2026 enables Paul Merchants to undertake additional permissible non-trade current account transactions under FEMA, excluding gifts and donations, and foreign trade transactions within the applicable per-transaction limit. The approval supports foreign exchange and cross-border payment services, including overseas remittances for education, medical treatment, travel, and conference or event participation.
    August 8, 2026
    Show AI Summary
    Integrated investor claim portal modernisation advances digital KYC, streamlined verification, stakeholder-informed safeguards, and efficient investor claim settlement services.
    Integrated IEPFA Portal 2.0 is proposed to modernise investor claim processing through digital KYC, pre-filled Form IEPF-5, entitlement search, and a simplified e-Verification Report filing workflow. Stakeholder feedback included Aadhaar eKYC address validation, KYC for authorised representatives, entitlement-letter validation checks, bulk DSC and eSign functionality, integration of approved IEPF Form-4 data, lower-value share valuation using NSE and BSE data, and alerts for frequent address changes to prevent fraud.
    August 7, 2026
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    Foreign capital inflows supported the rupee despite geopolitical uncertainty, oil-price pressures, and volatile global market sentiment.
    Foreign capital inflows supported a marginal strengthening of the rupee against the US dollar despite global risk aversion arising from uncertainty surrounding negotiations affecting the Strait of Hormuz. Higher crude oil prices and weak domestic equity sentiment remained relevant pressures. Near-term currency movement was expected to depend on developments in the negotiations, weekend decisions, US employment data, the dollar index, crude oil prices, and the reported increase in foreign exchange reserves.
    August 7, 2026
    Show AI Summary
    Energy security through diversified sourcing protected fuel supplies during Hormuz disruption and supports domestic exploration and alternative fuels.
    Energy security measures based on diversified crude oil and LPG sourcing, expanded infrastructure, increased domestic LPG production and alternative fuels were presented as maintaining fuel availability during disruption of shipping through the Strait of Hormuz. Domestic resilience is also linked to support for private deep-water oil and gas exploration, opening offshore acreage, and expansion of compressed biogas and ethanol blending. Ethanol-blended petrol testing identified limited contamination instances rather than a systemic issue, while excise duty reductions were described as cushioning consumers against global fuel-price volatility.

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      Dreame Debuts AI-Powered Whole-home Smart Ecosystem at CES 2026, Earning Multiple Industry Awards

      January 16, 2026

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      SINGAPORE, Jan. 16, 2026 /PRNewswire/ -- Dreame Technology, a global leader in high-end consumer electronics and intelligent manufacturing, today debuted its AI-powered Whole-home Smart Ecosystem at the Consumer Electronics Show (CES) 2026. As part of its largest-ever showcase across two locations, Dreame is demonstrating its evolution from a standalone smart device brand to a comprehensive provider of connected lifestyles with an ecosystem now covering the home, garden, outdoors, and on the move. On day one of the shows, Dreame unveiled a wide range of new innovative flagship products that showcase the power of AI across every aspect of truly smart living, from the AI-enhanced X60 Ultra Series robot vacuum, to world's first dual robotic X-Wind Air Conditioner. Each innovation reflects Dreame's commitment to leveraging advanced algorithms, big data and continuous learning to transform the home into a future-proof smart living hub that saves users' time, conserves energy and elevates everyday life. "We're delighted to be debuting the Dreame Whole-home Smart Ecosystem with our largest-ever showcase at CES 2026," said Yu Hao, founder and CEO of Dreame. "Having already established ourselves as leaders in the tech industry, we are now utilizing our expertise to bring advanced AI systems to the whole home. By turning homes into intelligent environments, we are pioneering true smart living through a single joined-up ecosystem, promising a meaningful impact on wellbeing and on society as a whole, with users reclaiming their time for the things that truly matter to them, embracing their wildest dreams." Reshaping Smart Living with a Whole-home Smart Ecosystem Evolving beyond its roots in advanced cleaning devices, Dreame has developed its new Whole-home Smart Ecosystem with the goal of reshaping smart, connected, modern living through AI. The ecosystem functions as a collaborative network that links smart spaces throughout the home and outdoors, with devices working together to manage daily tasks, ensure comfortable living spaces, deliver a boost to health and wellbeing, add creativity and fun to everyday life, and much more. In total, Dreame's Whole-home Smart Ecosystem spans six interconnected categories, each designed to elevate modern living through AI-powered innovation. In Smart Home, devices like the Mega Pro Refrigerator with its 409L SpaceBoost™ capacity, the Aura Mini LED 4K smart TV series and the AI Inverter Washer L9, along with air conditioners and air purifiers that automatically manage home conditions, provide the foundations of everyday AI-powered lifestyles. In Smart Cleaning, Dreame has already made its name as a leader in advanced cleaning technologies, with wet & dry vacuums, stick vacuums and smart robot vacuums that take the stress out of daily housework. In the Smart Kitchen, water purifiers, range hoods, ovens, dishwashers and more deliver safe and satisfying results. For Smart Personal Care, highlighting the latest Dreame's high-speed hair dryers and stylers empower high-quality individual care and beauty. In Smart Air Care, Dreame spotlights two flagship innovations: the MF10 MultiDirection™ Bladeless Fan and the Dreame FP10 Furcatch Air Purifier—a CES Innovation Awards® 2026 Honoree. Designed for pet owners, the FP10 features Frost & Sullivan-certified "Dynamic Cleaning Technology," powered by Dreame's proprietary Dongkun dynamic self-cleaning technology to enhance hygiene and reduce maintenance. The company will also unveil two additional certified innovations: a world-first intelligent dual-airflow system for faster, uniform purification in large spaces, and an AI-powered dynamic tracking technology that directs clean air to occupied zones for consistent coverage. The foundation of the ecosystem lies in three key pillars of platform-based core technologies that can be reused across these diverse categories. Dreame's AI algorithms are the brain of the ecosystem, leveraging big data and continuous learning to learn, adapt, and anticipate human needs, Dreame's high-speed motors are the heart that drives the powerful, efficient performance of individual devices, and Dreame's bionic robotic arms are the body, providing human-like operational capabilities. The entire Whole-home Smart Ecosystem can be controlled in the Dreame app, which offers a one-stop hub for users to control their entire smart lifestyle. The simple-to-use app puts the ecosystem at users' fingertips, with easy controls to do everything from arranging floor vacuuming schedules to adjusting air conditioning performance. By transforming single-device operation into a three-dimensional whole-home living system controlled through one central app hub, Dreame is empowering users to take total control, customizing their experiences for truly personalized living spaces and lifestyles. Groundbreaking Flagship Launches from Smart Robot Cleaners to AI Smart Hair Dryers Alongside the debut of the Whole-home Smart Ecosystem, Dreame also launched numerous groundbreaking flagship products on day one of CES 2026 at its All Dreams in One Dreame flagship product launch event. Dreame continues to build on its reputation as a leader in home cleaning with the global launch of the X60 Ultra robot vacuum. This impossibly thin flagship device measures just 7.95cm in height allowing it to glide under low furniture for exceptional cleaning coverage. Equipped with Dreame's AI-enhanced OmniSight™ system, it can plan routes 200% faster and avoid over 280 types of objects, while dual robotic legs allow clearance of double-layer steps up to 8.8cm. Meanwhile, the supremely light but exceptionally powerful new H16 Pro Steam wet & dry vacuum is a comprehensive vacuum that features both Hot Water clean and Steam clean, tackles all debris. It revolutionizes hair cleanup with its TangleCut™ 2.0 technology minimizing hair tangles and buildup when finished, the 90°C Hot Wash Self-cleaning Dock keeps the vacuum clean. The Whole-home Smart Ecosystem includes a diverse range of smart home appliances. At its launch event, Dreame gave an overseas debut to the X-Wind Air Conditioner – its first dual robotic air conditioner, uses the world's first dual robotic air-deflection arms combined with a Coanda multi-level airflow design, achieving up to 126° wide-angle air delivery and a broad, natural-feeling airflow. Dreame also gave a global debut to the Dreame RZ601 Pro gas range. Combining a 5.0 cu.ft. true convection oven with powerful gas cooking performance with burners up to 22000BTU, it offers both power and precision. Additionally, multiple cooking functions, including air fry mode, deliver reliable and smart performance for delicious results. The Dreame Aero Straight Series Air Straightener Hair Dryer redefines at-home straightening by combining high-speed airflow with heat-reduced care—so you can dry and straighten in one step. Powered by a 110,000 RPM high-speed motor delivering up to 50 m/s airflow, its optimized vent system and engineered air channels provide consistent airflow and uniform heat distribution for smoother results with less reliance on high-temperature plates. With an NTC thermistor checking temperature 200 times per second, Aero Straight helps keep styling controlled and comfortable, while triple hair-care protectants—negative ions, keratin-infused coating, and argan oil coating—reduce static, enhance shine, and protect hair strength for a sleek, polished finish. Industry & Media Acclaim: Awards Affirm Excellence Industry and media reactions at CES 2026 spoke volumes about Dreame's impact. Throughout the event, the brand received over 50 top-tier awards, recognizing its leadership in innovation, cutting-edge technology, and outstanding user experience. • CES Innovation Awards: Dreame Furcatch FP10, Dreame Aqua10 Ultra Roller, and Dreame H15 Pro Heat • Best of CES 2026 by Android Authority and TechRadar: Dreame X60 series, Dreame LEAPTIC Cube • CES 2026 TWICE Picks Awards: Dreame FizzFresh™ Refrigerator, Dreame Z2 Ultra QuadLift™ Pool Cleaning Robot, and Dreame Furcatch Air Purifier FP10 • Best of CES 2026 by TECHAERIS: Dreame Vacuum Cleaner Z30, Robotic Mower A3 AWD Pro, Dreame LEAPTIC Cube, and AI Dual Inverter Washer & Dryer Set L9 • Best of CES 2026 by Yanko Design: Dreame X60 series Robot Vacuum, Dreame Aero Pro Dry Wet Vacuum, Dreame A3 AWD Pro Robot Mower, and Dreame Aero Hair Straightener • BEST IN SHOW by Wearable: Dreame AI Ring RG001 In addition, Dreame received multiple accolades from several other leading technology media outlets, including Digital Trends, Gearbrain, Techfinitive, Reviewed, and Geekspin, further underscoring its comprehensive leadership in industry innovation and product experience. Leading tech media offered glowing reviews and noted in its CES summary: "Dreame's ecosystem presentation showcased a genuinely practical vision for whole-home intelligence, with device interoperability that goes far beyond simple connectivity." and a professional from channel and procurement noted, "Dreame demonstrated not just products, but a complete, future-ready home solution with impressive market potential." About Dreame Technology Established in 2017, Dreame Technology is a global leader in high-end consumer electronics and intelligent manufacturing with the vision to empower lives through technology. Follow us on Facebook, Instagram, TikTok and Twitter. For more information, please visit https://www.dreametech.com/. (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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