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    Freedom to Spend Smarter: AU Small Finance Bank Credit Cards Bring Rewards, EMI Flexibility and Lounge Access to India''s Biggest Shopping Month
    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
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    August 10, 2026
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    Credit card payment flexibility supports seasonal shopping and travel through eligible EMIs, rewards, tracking tools and conditional merchant benefits.
    Credit-card spending features include conversion of eligible purchases into EMIs, selected no-cost EMI options, reward points, cashback, merchant discounts and payment flexibility. Travel-related benefits may include domestic airport lounge access, travel-booking discounts, fuel-surcharge waiver and anniversary-linked rewards. The AU 0101 application enables transaction tracking, balance and interest-rate monitoring, EMI conversion and bill-payment management. Features and offers are subject to change, customer eligibility, internal policies and partner-merchant terms.
    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.
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    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.
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    Cost optimisation in public finance strengthens investment decisions, risk allocation, indigenous manufacturing and value-driven government expenditure through specialised financial expertise.
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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.
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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.
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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.
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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.
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    Authorised Dealer Category-II licensing expands permissible FEMA current account and foreign trade transaction services for cross-border payment customers.
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      If something happens to Bharat, Hindus will be asked about it: RSS chief Bhagwat

      January 16, 2026

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      Chhatrapati Sambhajinagar, Jan 16 (PTI) RSS chief Mohan Bhagwat on Friday said if something good or bad happens to Bharat, Hindus will be asked about it, as Bharat is "not just the name of a geographical region, but the character of the country".

      The Rashtriya Swayamsevak Sangh chief said Hindu society is traditionally inclusive and accepting, accommodating diversity in rituals, dress, food habits, language, caste and sub-caste, without allowing such differences to become causes of conflict.

      He was addressing a 'Hindu Sammelan' at Gangapur in Chhatrapati Sambhajinagar district in central Maharashtra.

      "If something good or bad happens to Bharat, Hindus will be asked about it. It is not just the name of a geographical region, but the character of the country," Bhagwat said.

      He said those who believe in assimilation and harmonious coexistence represent the true character of Hindu society and, by extension, the character of the country.

      "This tradition has been preserved over centuries despite invasions and destruction, and people ensured the underlying values and dharma were not allowed to perish. Such people are called Hindus, and the land of such people is known as Bharat," Bhagwat asserted.

      He further said if people strive to be good, firm and honest, the country would also reflect those qualities on the global stage.

      The world expects something from Bharat and the country would be able to contribute meaningfully, provided it has adequate strength and influence, he emphasised.

      "Power comprises not only armed strength but also intellect and principles, and moral values gain wider acceptance when backed by strength," said the RSS chief.

      Bhagwat made a strong pitch for self-reliance and use of locally-made goods, and said Indian policymakers are doing international business without coming under anyone's pressure or thinking about tariffs.

      The Rashtriya Swayamsevak Sangh (RSS) leader said while others talk of globalisation in terms of business, Indians think of global family.

      "We should buy locally-produced goods. If something that cannot be produced here, we can buy it from another country. Thinkers (policymakers) here are doing international business but not under someone's pressure. No matter whether you impose tariffs or anything, we have chosen the path of self-reliance. We should follow it," he noted.

      "We should not worry about creating employment in foreign countries, they should do that. When others talk about globalisation, they expect a global market, we expect a global family," said Bhagwat.

      He pushed for unity among Hindus and added this is not the objective of the RSS alone but of all members of the community.

      "We should set an example (of unity) and work for it by walking together. The Sangh is doing this but it is not the work of the Sangh alone. The Sangh will take initiate and the community has to lead it," he maintained.

      The RSS leader called for fighting injustice and implored people to be ethical in their day-to-day life and pay bills on time and follow traffic rules.

      "We should fight against injustice step by step. Lord Ram also tried to avoid war with Ravana through talks, but later picked arms. Everyone should be ethical in behaviour and pay bills on time and follow traffic rules in everyday life," he opined.

      He said spirituality and Sanatan Dharma had been India's strength since time immemorial.

      "We will address our problems with the help of this strength. Many problems came and went. Others have vanished (referring to several ancient civilizations), but we (India's civilization) have endured because of our culture, spirituality and Sanatan Dharma," Bhagwat emphasised.

      Bhagwat said the RSS, which has completed 100 years of its establishment, wants nothing beyond uniting the Hindu community.

      "The RSS needs nothing for itself. A swayamsevak takes an oath of protection of Hindu religion, culture and progress of the Hindu nation. The Sangh is only interested in uniting the Hindu community. But it has to be done by the Hindu community," he stated.

      The RSS chief appealed to people to come together by shunning the barriers of castes and sects.

      "We should have Hindu friends irrespective of castes, sects, languages or occupations. This will create equality among us," he added.

      Addressing a youth conference earlier in the day, Bhagwat said young people should not hesitate to go abroad to acquire knowledge, but must ensure that their learning and skills are ultimately used for India's development.

      He noted today's youth are deeply patriotic, and the stronger this feeling becomes, the more they can contribute to the country.

      "Going abroad to gain knowledge is not wrong, but that knowledge should be utilised for India. The contribution of the youth is vital for the country's progress and in shaping its future," he insisted.

      The Sangh is neither in competition with nor opposed to anyone, Bhagwat said, adding that its sole objective is to build a strong and harmonious society.

      He appealed to the youth to actively participate in this collective effort.

      The youth convention was organised at the MIT College as part of activities marking the RSS centenary year. The RSS chief also interacted with participants at the event and responded to their queries. PTI AW ND ARU BNM RSY

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