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    Sugar prices ease marginally to Rs 64.33 per kg on Thursday
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August 27, 2026
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Sugar import liberalisation and stockholding limits seek to moderate retail prices amid constrained domestic supply and restricted exports.
Sugar price-control measures combine duty-free raw sugar imports, stockholding limits for dealers and bulk consumers, and an export prohibition to address elevated retail prices and curb hoarding. Domestic supply remains constrained by reduced sugarcane output, prior exports and diversion of sugar to ethanol. Net production is estimated below projected domestic demand, while closing stocks are expected to remain limited. Import access, inventory restrictions and export controls therefore operate as market-stabilisation mechanisms.
August 27, 2026
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Money-laundering investigation into alleged homebuyer fraud led to searches and freezing of assets linked to realty promoters.
Money-laundering proceedings were initiated under the Prevention of Money Laundering Act on the basis of police FIRs alleging fraudulent inducement and non-delivery of residential plots. Searches at premises linked to real estate promoters resulted in the seizure or freezing of luxury vehicles, jewellery, bank accounts and securities. The investigation alleges that substantial upfront payments for residential plots were received, but a significant portion of promised plots remained undelivered, and certain plots were allegedly sold to third parties without consent.
August 27, 2026
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Commercial card governance enables configurable credit, approvals, virtual cards and controlled supplier payments across enterprise payment workflows.
SpendFlow combines commercial card program configuration, credit management, virtual cards, spend controls, approvals, supplier payments, billing and accounting in one architecture. It supports centrally governed rules with approved corporate-level variations, enterprise hierarchy management, and virtual cards linked to entities, employees, accounts or credit facilities. Multi-tier approvals and virtual-card supplier payments support controlled business payment functions, while core banking and ERP connectivity links card activity with banking and enterprise financial workflows.
August 27, 2026
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Basmati rice market access may be pursued through trade agreement review, subject to import limits and safety standards.
Market access for Indian basmati rice may be pursued through review of the Comprehensive Economic Partnership Agreement, as rice remains a sensitive sector subject to import quantity limits and duties beyond permitted quantities. Processed food exports offer further opportunities where exporters comply with Japanese quality and safety standards. Bilateral cooperation also covers investment, supply chains, technology partnerships and capital flows supporting infrastructure, manufacturing and semiconductor ecosystems.
August 27, 2026
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Capital allocation discipline governs consideration of further Air India funding alongside business strategy, cash flow and investment requirements.
Further capital investment in Air India will be evaluated by Singapore Airlines' board through a disciplined capital-allocation process. Assessment will consider the group's capital requirements, Air India's business strategy, operating cash flow, investment needs for aircraft and products, and multi-hub investments intended to support long-term growth and returns. As a significant minority shareholder, Singapore Airlines supports Air India's transformation programme with Tata Sons, but no commitment to provide additional capital is indicated.
August 27, 2026
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Semiconductor investment cooperation anchors expanded India-Japan industrial partnerships across technology, manufacturing, clean energy, infrastructure, and financial services.
Semiconductor and artificial-intelligence cooperation centres on a six-pillar semiconductor strategy encompassing chip design, semiconductor machinery and materials, fabrication, ATMP/OSAT, research and development, and talent development. Japanese participation is sought across semiconductor materials and equipment, power semiconductors, electronics, AI, logistics and related advanced technologies. Development of semiconductor clusters is linked to reliable power, ultra-pure water, skilled manpower and social infrastructure.
August 27, 2026
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Financial inclusion through basic bank accounts enables direct welfare transfers, digital payments, insurance access and credit for excluded households.
PMJDY provides unbanked adults with basic bank accounts without minimum-balance or maintenance-charge requirements, free RuPay debit cards with accident insurance cover, and eligible overdraft support. Through the JAM framework, PMJDY accounts enable direct transfer of welfare benefits using bank accounts, Aadhaar-based biometric verification and mobile connectivity, reducing intermediary involvement and delays. The scheme emphasises rural, semi-urban, marginalised and women account holders while supporting access to insurance, pensions, savings, digital payments and credit, including MUDRA loans.
August 27, 2026
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Contract food services expansion strengthens Rassense's nationwide institutional operations through new academic partnerships and technology-led service delivery.
Rassense Pvt Ltd reports crossing a workforce of more than 5,000 employees and projects revenue exceeding INR 600 crore. Its contract food services operations serve educational institutions, corporate campuses, healthcare facilities and industrial locations. New operations at IIM Jammu, IIM Bangalore and IIT Guwahati strengthen its nationwide institutional presence. Expansion is supported by academic institution partnerships, local workforce development, operational excellence, and technology-led capabilities in food production, food waste reduction and supply-chain management.
August 27, 2026
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Cyber fraud awareness promotes safe digital banking by teaching customers to verify communications, protect credentials, and report suspicious transactions.
Cyber-fraud awareness and digital banking safety were promoted through community sessions addressing phishing, impersonation, OTP and UPI fraud, QR-code scams, digital-arrest fraud, and fraudulent customer-care calls. Participants were guided to identify authentic banking communications, avoid sharing confidential credentials, verify callers and links before acting, and promptly report suspected unauthorised transactions. Customer vigilance, financial literacy, and institutional security measures were emphasised as complementary safeguards against digital financial fraud.
August 27, 2026
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Personal insolvency repayment plans may be approved despite minimal creditor recovery when requisite voting support and comparative valuation support them.
Personal insolvency repayment plan approval was granted under the Insolvency and Bankruptcy Code, 2016, despite objections that creditor recoveries were negligible and the proposed payment uncertain. The plan received 80.81 per cent voting support, while dissenting creditors held less than 20 per cent voting share. Valuation showed that the debtor's personal estate was materially below the offered amount, and rejection could result in bankruptcy and lower recovery. Assessment of settlement adequacy was treated as a matter of creditor commercial wisdom.
August 27, 2026
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Prison escape security lapses prompt coordinated tracing measures, transport monitoring, inter-state alerts, and a detailed custodial-security inquiry.
Prison escape and custodial-security lapses arose after a detainee escaped from Aluva Sub Jail, allegedly by using an under-construction structure within the premises to cross the compound wall. Following his later appearance at a police station seeking return of his Aadhaar card, search measures included a lookout circular, information sharing with police stations, railway-security coordination, and alerting police in Assam. A detailed inquiry has been initiated into the prison-security deficiencies enabling the escape.
August 27, 2026
Show AI Summary
Women's savings account selection depends on practical benefits, charges, eligibility, and banking needs rather than the account label.
Women's Savings Accounts may provide standard banking facilities together with additional services or benefits for eligible women. Their suitability depends on practical use of digital banking, transfers, payments, alerts, debit-card facilities, accessibility, security features, charges, and minimum-balance conditions. Since regular Savings Accounts may offer comparable facilities, the additional benefits should be assessed against associated costs and conditions. Selection should be based on comparison of eligibility, facilities, balance requirements, benefits, customer support, and authentication safeguards rather than the account's women-focused label alone.
August 27, 2026
Show AI Summary
Retirement annuity selection prioritises payout structure, taxation, insurer strength and flexibility over brand comparison for informed retirement decisions.
Retirement planning may combine market-linked accumulation during working years, deferred annuities that lock future guaranteed income, and immediate annuities that convert retirement savings into regular payments. Annuity choice depends on whether the priority is higher income, continuation for a surviving spouse, or return of capital on death. Product comparison should consider market-linked growth versus income certainty, taxation of annuity income at applicable slab rates, insurer strength, and flexibility in deferment, payout frequency and policy loans.
August 27, 2026
Show AI Summary
Foreign exchange inflows through deposit and borrowing measures provided near-term rupee support amid lower crude prices.
Reserve Bank special measures relating to FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings were identified as attracting foreign-exchange inflows and providing near-term support to the rupee. The Reserve Bank became a net dollar buyer in June after two months of sales to support the rupee. The FCNR(B) window remained open until August 31, while the market outlook anticipated broader rupee depreciation over subsequent weeks.
August 27, 2026
Show AI Summary
Preferential trade agreement exploration advances bilateral market access, pharmaceutical cooperation, investment partnerships, and diversified trade.
India-Morocco economic cooperation is expanded through the seventh Joint Commission framework, targeting deeper and more diversified trade, investment, industrial collaboration and market access across goods and services. An India-Morocco Joint Working Group is to examine bilateral trade opportunities and the feasibility of a preferential trade agreement, including tariff and non-tariff barriers, improved market access and trade facilitation. Cooperation also addresses pharmaceutical market authorisation and approval timelines, food safety, sustainable agriculture, renewable energy, artificial intelligence, healthcare, and phosphates and fertilisers.
August 26, 2026
Show AI Summary
Hybrid cyber fraud exploits stolen smartphones and intercepted verification codes to compromise digital banking and payment accounts.
Hybrid cyber fraud combines physical smartphone theft with digital financial exploitation. Offenders obtain screen-lock credentials, steal devices and use control of the active SIM card to intercept verification codes and reset UPI and digital banking credentials. Preventive measures include withholding PINs, passwords and OTPs; avoiding storage of financial and identity records on phones; and immediately blocking the SIM card and freezing digital banking and UPI services after a theft.
August 26, 2026
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CEPA review aims to expand bilateral trade engagement, address export barriers, and support regulatory registrations for exporters.
India and Japan are considering a review of the Comprehensive Economic Partnership Agreement to make the bilateral trade framework more contemporary and expand its scope, scale and commercial opportunities. The review is linked to balanced trade and to identifying export barriers arising from procedural requirements, language issues and time involved in market access. Regulatory compliance assistance may support product registrations required for overseas markets, including costly chemical registrations and pharmaceutical registrations.
August 26, 2026
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Personal loan reward eligibility depends on successful campaign-period disbursal, alongside review of borrowing costs and repayment capacity.
Loan Utsav 2026 provides a limited-period reward bundle to eligible customers whose personal loan is successfully disbursed during the campaign period, subject to applicable terms and conditions. Personal loans are collateral-free and available subject to eligibility, customer profile, documentation and applicable loan terms. Applicants may choose a loan amount and repayment tenure based on their requirements. Extended tenures can reduce monthly EMI obligations but may increase total interest payable. Customers should review interest rates, EMI, processing charges, other loan costs and repayment capacity before accepting a loan offer.
August 26, 2026
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Deep-tech investment cooperation advances through capital corridors, innovation bridges, manufacturing integration and startup pitching platforms for cross-border growth.
India-Japan startup cooperation is proposed to advance through a deep-tech capital corridor, a two-way innovation bridge, manufacturing and technology integration, and joint startup pitching platforms. Collaboration is directed towards patient capital, early-stage research, deep-tech commercialisation, technology validation, precision manufacturing, investment and market access. The partnership also emphasises MSME integration with startups and global supply chains, co-investment mechanisms, plug-and-play infrastructure, and institutional links among universities, research institutions, incubators and industry.
August 26, 2026
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Sugar price-control measures combine raw-sugar imports, stockholding limits and export restrictions to curb retail price pressures.
Sugar price-control measures combine authorised raw-sugar imports, stockholding limits for dealers and bulk consumers, and an existing export prohibition to address elevated domestic prices. Imports are permitted within the specified period, while stockholding restrictions seek to curb speculation and hoarding. Retail prices continued to rise despite lower ex-mill prices, and the regulatory approach focuses on augmenting supply, limiting stock accumulation, and preventing export-related pressure on domestic availability.

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Customs & Trade

Latest: Trump says he won't use force to acquire Greenland in Davos address

January 21, 2026

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Davos, Jan 21 (AP) US President Donald Trump insisted he wants to “get Greenland, including right, title and ownership,” but he said he wouldn't employ force to achieve that — using his speech Wednesday at the World Economic Forum to repeatedly deride European allies and vow that NATO shouldn't stand in the way of US expansionism.

He urged NATO to allow the US to take Greenland from Denmark and added an extraordinary warning, saying alliance members can say yes, “and we'll be very appreciative. Or you can say, No,' and we will remember.” Trump tried to focus on his efforts to tame inflation and spur the economy back home. But his more than 70-minute address focused more on his gripes with other countries.

Here is the latest: Trump's chat with World Economic Forum CEO wraps --------------------------------------------------------- The president did not make any major news in the discussion, which lasted about 20 minutes. Trump then left the stage.

Trump repeats campaign promises that US can grow its way out of debt problems ------------------------------------------------------------ Asked about US debt climbing toward USD 40 trillion — more than the size of the annual US economy — Trump insisted that he can solve the problem with economic growth and eliminating fraud and excessive spending.

“I think we're going to be paying off debt,” he boasted.

Trump made similar promises when he first ran for president in 2016 and again in 2024. He has added more to US debt totals than any president.

He repeated claims about fraud in Minnesota, mentioning the figure USD 19 billion — a miniscule fraction of annual federal spending that is measured in trillions. Trump also said the US is cutting spending, although he has exaggerated the effects of his government efficiency efforts.

Trump suggests a shared culture' between US and Europe -------------------------------------------------------------- Leaving vague exactly what kind of “culture” that he meant, Trump said the West has prospered because of a shared and “very special” one.

“This is the precious inheritance that America and Europe have in common,” Trump said. “We share it. But we have to keep it strong.” Trump added that he wanted to “defend that culture” and “rediscover the spirit that lifted the West from the depths of the dark ages to the pinnacle of human achievement.” Many Americans descend from Europeans, including settlers who came to the North American continent hundreds of years ago. But the Trump administration also has faced criticism at times for focusing on that side of US culture when the country's population is far more diverse.

Trump wraps up his remarks after more than 70 minutes ------------------------------------------------------------ The president finished his speech by congratulating the people in the room for all their successes and declared that the U.S. is “back, bigger, stronger, better than ever before.” “I'll see you around,” he said.

He then sat down on a chair on stage for a question-and-answer session with World Economic Forum CEO Borge Brende, who was seated throughout Trump's remarks.

Trump claims without us, most of the countries don't even work' ------------------------------------------------------------------- He's taken digs at French President Emmanuel Macron over Europe for selling pharmaceuticals to the US at a premium. He ripped Denmark for a lack of appreciation for the U.S. protection of Greenland during World War II. And he's blasted NATO for being too dependent on the United States.

“The United States is keeping the whole world afloat,” he said.

A tale about Swiss watches ------------------------------ While speaking in Switzerland, Trump told a story about the country that he said “rubbed me the wrong way.” He said Switzerland makes beautiful Rolex watches, but “were paying nothing to the United States” to export them. So, he set a tariff, which he said caused representatives from the country and the company to call and visit him and urge him to reverse it.

He brought down the tariff, but said he felt the country was “taking advantage” of the US.

“A majority of the money they make is because of us, because we never charge them anything,” he said.

Nearly an hour in, Trump talks US housing and pans some affordability policies ------------------------------------------------------------------- Talking about the US market, Trump threw a curveball, saying essentially that he didn't want to simply expand housing supply because it could lower values for people who already own homes.

“If I want to really crush the housing market, I could do that so fast,” he said. But, “I don't want to do anything to hurt” people who have built wealth through their home equity.

“I don't want to do anything to hurt” existing homeowners, Trump said. He instead emphasized his desire to see lower interest rates, though that is a policy that, over time, would drive home prices up because it fuels demand.

Trump mocks Macron's sunglasses ------------------------------------- Trump mocked French President Emmanuel Macron's sunglasses to audience's laughter.

“I watched him yesterday with those beautiful sunglasses. What the hell happened?” Trump said to the loudest laughter so far.

The French president has worn sunglasses indoors in recent days as he's joked about a “completely harmless” eye condition.

Read more about Macron Trump says he will meet Ukrainian president ------------------------------------------------ Trump says he's meeting with Ukrainian President Volodymyr Zelenskyy on Wednesday.

The meeting was not on Trump's publicly released calendar and it was not clear if he meant a virtual or in-person meeting.

Zelenskyy is not believed to be in Davos.

Trump blasts Denmark for insufficient military spending on Greenland -------------------------------------------------------------------- Trump asserted that Denmark promised to spend “over USD 200 million to strengthen Greenland's defences” and then insisted it has “spent less than 1 per cent of that.” He was referring to a 2019 commitment from the Danish government, made during Trump's first presidency, when he first floated the idea of the US taking control of the semiautonomous territory of Denmark.

Copenhagen has not disputed that the implementation of that commitment has been slow.

In recent weeks, with Trump pushing the US takeover again, Denmark's Defense Minister Troels Lund Poulsen unveiled an expanded defense plan with a USD 2 billion budget that includes three new ships, long-range drones and more satellite capacity.

Trump did not mention that latest commitment.

Trump calls Greenland a strategic piece of ice that US must take -------------------------------------------------------------------- We want a piece of ice for world protection, and they won't give it,” Trump said in Davos speech.

“You can say yes and we will be very appreciative. Or you can say no and we will remember.” Trump taunts Canada ---------------------- Trump needled his northern neighbor after Canadian Prime Minister Mark Carney said Tuesday that the current phase of global diplomacy was a “rupture” and called for “middle powers” to “act together.” Trump said Canada gets many “freebies” from the U.S. and “should be grateful.” He said Carney's Davos speech showed he “wasn't so grateful.” “Canada lives because of the United States,” Trump said. “Remember that, Mark, the next time you make your statements.” Once again, Trump falsely insists the 2020 election was rigged' ---------------------------------------------------------------- Before the audience in Davos, Trump repeated a claim he's said before that the Russian war on Ukraine “wouldn't have started” if the 2020 US presidential election “weren't rigged.” One thing is for certain: The 2020 election was not stolen. Biden earned 306 electoral votes to Trump's 232. Trump's allegations of massive voting fraud have been broadly refuted.

Trump, who has long been calling for prosecutions related to the 2020 election, added that “people will soon be prosecuted for what they did.” It wasn't immediately clear what he meant.

Trump says Venezuelan oil industry will do fantastically well' with US help ------------------------------------------------------------------ Trump reiterated that he's getting cooperation from Venezuelan officials following the ouster of Nicolás Maduro and predicted good times for the South American country's economy.

“Every major oil company is coming in with us,” Trump said. 'It's amazing.” Earlier this month, at a White House meeting, Exxon Mobil CEO Darren Woods said the Venezuelan market is “un-investable” in its current state.

Trump says Greenland push is not about the need to secure sought-after rare earth elements -------------------------------------------------------------------- The president cited the difficulty of mining on the Arctic island.

“You got to go through hundreds of feet of ice,” he said. That's not the reason we need it.” Instead, he said the US needs it for “strategic national security and international security.” (AP) RD RD

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