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    No cases of foreigners getting Aadhaar, other govt benefits reported during SIR in K'taka: Minister
    Govt allows free imports of 10 lakh tn raw sugar until Oct 31; caps sugar stock for bulk consumers
    Govt allows free imports of 10 lakh tn raw sugar until Oct 31
    DFS Organises Workshop to Strengthen Implementation of Reservation Policy Across Public Financial Institutions
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    A Vision for Responsible AI, Resilient Banking - Keynote Address [Contributions by RBI colleagues Ms. Chandni Trehan Saluja and Ms. Kavita Gangwal, De...
    Razorpay Launches Multi-Currency Account, Helping Exporters Retain International Earnings in Foreign Currencies
    DB HiTek to Make Debut at electronica India 2026, Targeting Growth in Indian Market
    BJP demands Vijayan’s resignation from Keralam LoP post over ED findings in CMRL case
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    United Arab Emirates suspends trade with Iran after coming under renewed missile fire
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    August 20, 2026
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    Raw sugar tariff-rate quota permits duty-free imports while bulk consumers face consumption-based sugar stockholding limits.
    Raw sugar imports are permitted duty-free under a tariff rate quota until 31 October 2026, with online allocation to eligible millers and refiners having functional refining capacity. Applicants must provide a refining-capacity declaration and supporting Consent to Operate; preference applies to importers undertaking timely completion of imports, while non-utilisation or failure to surrender allocations constitutes non-compliance. Bulk sugar consumers meeting the prescribed consumption threshold are subject to a stock cap of 15 days' consumption from 1 September to 30 November 2026.
    August 20, 2026
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    Duty-free raw sugar imports under tariff rate quota seek to improve domestic supply and contain rising sugar prices.
    Duty-free import of 10 lakh metric tonnes of raw sugar is permitted under a tariff rate quota until 31 October 2026. The import-policy measure seeks to increase domestic raw-sugar availability and restrain rising local prices amid reduced opening stocks. Price-containment measures also include a stockholding limit for bulk consumers using more than 10 tonnes of sugar monthly, restricting holdings to 15 days' consumption.
    August 20, 2026
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    Reservation policy implementation is strengthened through capacity building, uniform institutional practices, welfare measures, and improved financial accessibility for Divyangjans.
    Reservation policy implementation across Public Sector Banks, Public Sector Insurance Companies, sectoral regulators and Public Financial Institutions is being strengthened through a capacity-building workshop. The programme seeks uniform and effective application of Government reservation policies and related welfare measures. Senior human-resource functionaries and Chief Liaison Officers considered practical implementation issues, actionable measures for consistency, and operational concerns. It also focuses on improving accessibility of financial services for Divyangjans.
    August 20, 2026
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    Startup ecosystem support expands through digital infrastructure, mentorship, market linkages and specialised assistance for energy and climate-tech innovation.
    DPIIT's collaborations with PhonePe and Shell India create support mechanisms for DPIIT-recognised startups through technology access, digital infrastructure, mentorship, market opportunities and industry networks. PhonePe will provide transaction credits, access to the Indus AppStore, onboarding support, brand visibility, and training on fintech, sales, go-to-market strategy and business scaling. Shell India will assist energy and climate-tech startups through mentorship, strategic guidance, investor and incubator connections, participation opportunities, and knowledge-sharing materials on innovation and best practices.
    August 20, 2026
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    India-Singapore economic cooperation advances through trade, investment, technology and business linkages, including agriculture, fintech and sustainable infrastructure collaboration.
    India-Singapore economic cooperation was advanced through ministerial, business and government-to-business engagements focused on deepening bilateral trade, investment, technology and commercial linkages. Discussions addressed agri-exports, GCC-based commercial parks, fintech and sustainable infrastructure, alongside expanding agricultural market linkages. The engagements reinforced commitment to strengthening trade, investment, technology and business-to-business cooperation.
    August 20, 2026
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    Responsible AI banking requires human oversight, explainable customer decisions, fair conduct, resilient systems and inclusive credit access.
    Responsible AI in banking must promote inclusion, resilience and customer trust while preserving human judgement, governance accountability and clear responsibility. AI and alternative data may widen access to credit where data is obtained with consent, tested for reliability and bias, and used prudently. Banks must maintain capacity to challenge models, oversee providers, test systems under adverse conditions and intervene when automation fails. Material customer decisions must be explainable, clearly communicated and subject to review by an authorised person. Fair conduct, meaningful disclosure, impartial complaint review and transparent communication remain essential throughout the customer relationship.
    August 20, 2026
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    Multi-Currency EEFC settlements let exporters retain foreign earnings and choose conversion timing for overseas payment obligations.
    Multi-Currency EEFC Account settlements enable exporters and international businesses to receive payment settlements directly into Exchange Earners' Foreign Currency accounts in the original transaction currency without immediate conversion into Indian rupees. Retention of foreign currency earnings permits businesses to choose when conversion is required, reducing repeated foreign-exchange conversion cycles and supporting management of foreign-currency cash flows and overseas obligations.
    August 20, 2026
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    Power semiconductor foundry expansion targets Indian fabless customers through technology showcasing, process development, and collaboration in the growing semiconductor market.
    DB HiTek seeks to expand foundry business with Indian fabless semiconductor companies by showcasing power semiconductor and specialised process technologies. Its commercial focus includes BCD processes for automotive and industrial applications, together with silicon-carbide and gallium-nitride process development and planned volume production. Product-performance evaluations are underway with strategic customers. Customer expansion also covers X-ray, global-shutter, single-photon avalanche diode, specialty CIS, and mixed-signal/RF processes, supported by collaboration with local fabless firms.
    August 20, 2026
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    Money-laundering allegations over payments without services raise concerns about overseas transfers, identity-linked communications, and mineral smuggling.
    Money-laundering allegations concern claimed payments by Cochin Minerals and Rutile Ltd. to Exalogic Solutions Pvt. Ltd., a company promoted by Veena T., without corresponding services. Searches reportedly yielded handwritten material referring to fund transfers to Dubai and digital material relating to a SIM card obtained in another person's name. Further allegations included overseas fund movement, hawala transfers, and possible thorium or monazite smuggling, all presented as allegations requiring examination.
    August 20, 2026
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    Exchange stabilisation support aims to strengthen foreign-exchange resilience, reduce rollover dependence and restore access to longer-term market financing.
    Pakistan has sought a proposed Exchange Stabilisation Support Facility to reinforce foreign-exchange stability and signal currency resilience to international capital markets. The strategy seeks to reduce reliance on short-term bilateral loans, deposits and rollovers by moving towards market-based financing with longer repayment periods. Improving sovereign creditworthiness through engagement with credit-rating agencies is intended to facilitate international market access, lower borrowing costs and enable longer-maturity debt raising.
    August 20, 2026
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    Elephant ivory trade prohibition supports enforcement against wildlife trafficking, seizure of carved ivory articles, and further investigation.
    Illicit trade in elephant ivory and articles manufactured from it is prohibited under the Wildlife (Protection) Act, 1972, supporting India's CITES obligations. Enforcement action against a wildlife-trafficking syndicate resulted in the interception of four persons and seizure of 54 carved ivory artefacts. The seized articles and apprehended persons were transferred to the State Forest Department for further investigation. The action forms part of continuing measures against unlawful trade in wildlife derivatives and biodiversity threats.
    August 20, 2026
    Show AI Summary
    Trade deficit pressures persist as energy-import costs and currency weakness offset record automobile and electronics export growth.
    Japan recorded its highest July import and export values since comparable statistics began, but continued to experience a trade deficit as rising energy costs increased import expenditure. Higher crude oil prices and disruption to Middle East supply routes affected an economy reliant on imported oil, while a weak yen raised the cost of fuel, food and raw materials. Strong automobile, semiconductor and electronics exports benefited from currency weakness, which also increased the yen value of overseas earnings.
    August 19, 2026
    Show AI Summary
    Forged health-scheme cards allegedly enabled ineligible treatment and misuse of public healthcare funds through false beneficiary details.
    Alleged misuse of Ayushman health-scheme cards involved collecting identity and ration-card details by promising free treatment, then creating forged beneficiary cards with false particulars. The alleged scheme enabled treatment for ineligible persons and purported claims of government health-scheme funds. Police arrested five persons, recovered purported forged identity and beneficiary cards, and are investigating possible involvement of hospital and medical-office personnel, the scale of card forgery, and alleged diversion of public funds.
    August 19, 2026
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    MSME competitiveness requires affordable credit, technology adoption, formalisation, sustainable trade and stronger export-market access for inclusive growth.
    MSME development is identified as central to employment generation, exports, entrepreneurship, economic resilience and self-reliance. Key priorities include affordable credit, technology upgradation, supply-chain integration, market access, brand-building and reduced red tape. Formalisation of micro industries is emphasised to expand institutional credit access, while sustainable trade is promoted through green technologies and renewable energy. Export competitiveness is to be strengthened through regional production capabilities and the "One District, One Export Hub" initiative.
    August 19, 2026
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    Supply-side inflation risks support a policy pause pending evidence of broad-based, persistent price pressures and de-anchored expectations.
    Monetary policy calibration remained on hold because food and fuel inflation had not yet produced broad-based or persistent price pressures. The policy pause was supported by limited pass-through of supply-side shocks, contained core inflation and no clear demand-driven overheating. Recalibration depends on incoming evidence of persistent inflation, entrenched supply-side pressures, de-anchored expectations and the evolving growth-inflation dynamic. Geopolitical disruption, volatile oil prices, monsoon conditions and El Nin o-related agricultural risks remain material inflation risks.
    August 19, 2026
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    Examination irregularities investigation examines alleged answer-sheet cheating, managed centres and suspected solver-gang involvement by a biometric operator.
    Alleged examination irregularities involved suspected cheating through the receipt of an answer sheet by an examinee from personnel of a private firm conducting the examination. Police arrested a biometric operator following an investigation into his alleged involvement. His prior work with biometric firms and manpower supply agencies was examined in connection with clues concerning allegedly managed examination centres and a suspected solver gang.
    August 19, 2026
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    Trade restrictions on Iran halt commercial and financial exchanges as regional security threats disrupt maritime commerce and re-export access.
    UAE trade restrictions on Iran halted all trade, commercial exchanges and financial transactions until further notice following reported ballistic-missile incidents and regional security escalation. The UAE assessed the missiles as directed at maritime traffic, while Iran denied launching them. The suspension disrupts the UAE's role as a major trade and re-export gateway for Iran and may increase Iran's economic isolation. Continuing threats to shipping through the Strait of Hormuz also create economic risk for the UAE's regional business, finance and tourism position.
    August 19, 2026
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    Inflation persistence and expectations guide continued rate hold amid supply shocks and uncertainty over broader price pressures.
    Monetary policy calibration remains contingent on clearer evidence that supply-side price shocks are becoming persistent, broad-based inflationary pressures. The policy rate was maintained unchanged amid uncertainty from higher energy costs, supply-chain disruption, an erratic monsoon and food, fuel and input-price risks. Policy tightening may be required if inflation becomes generalised, expectations become de-anchored, or inflation persists. A wait-and-watch approach was preferred pending clearer realised inflation, forecasts, weather effects and global conditions.
    August 19, 2026
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    Online credit card applications streamline comparison, eligibility screening and e-KYC, while approval remains subject to issuing-bank criteria.
    Online credit card applications through the JioFinance app combine card comparison, eligibility checks, electronic verification, application submission and status tracking. Eligibility screening may occur without affecting the applicant's credit score, but approval remains subject to the issuing bank's criteria and internal policies. Aadhaar-based e-KYC or other accepted electronic verification may be used where applicable. Applicants should provide accurate Aadhaar, PAN and mobile details. Eligible approved applicants may receive a virtual card before physical-card delivery, subject to applicable terms and conditions.

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      Leaders call for upholding constitutional values as R-Day celebrations held across states

      January 26, 2026

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      New Delhi, Jan 26 (PTI) Leaders cutting across political lines unfurled the national flag and called for upholding the constitutional values on Monday as parades and events marked the 77th Republic-Day celebrations in the states.

      While the achievements of the state governments were highlighted at the events, some leaders also took potshots at the ruling Bharatiya Janata Party (BJP) at the Centre, claiming that constitutional institutions are facing a grave danger under its rule.

      Uttar Pradesh Chief Minister Yogi Adityanath said the citizens are the real guardian of the Constitution, asserting that every institution, ministry and department must remain accountable to people.

      Addressing a gathering after unfurling the tricolour at his official residence in Lucknow, Adityanath said the Constitution has guided the country through numerous challenges and continues to strengthen the resolve of a united and strong India.

      "Whenever the basic spirit of the Constitution is disrespected, it is not just an insult to the Constitution but also to those great personalities whose sacrifices ensured the country's freedom," he said.

      Punjab Chief Minister Bhagwant Mann said the state has to fight to get its own rights even today as he slammed the BJP-led Centre over the MGNREGA issue and pending rural development funds.

      "I am pained to say that despite making maximum sacrifices, injustice and highhandedness have continuously been done to our state. Punjab has to fight even today to get its own rights and it is knocking on the doors of courts," he said at an event in Hoshiarpur.

      Mann claimed that the Centre has not only changed the name of the scheme under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) but its entire structure as well.

      "Because of which, the livelihoods of Scheduled Caste workers, women and landless families have come into danger," he said.

      In a post on X, Haryana Chief Minister Nayab Singh Saini said, "Republic Day symbolises our unwavering faith in constitutional values, the resolve for social equality, and a firm commitment to democratic ideals. On this auspicious occasion, I salute and pay homage to the valiant freedom fighters who fought for our nation's independence and to the founding fathers of the Constitution who laid the foundation for a strong republic.

      "On this Republic Day, let us pledge to actively participate in building a developed and self-reliant India under the leadership of Prime Minister Shri @narendramodi ji and work unitedly in the interest of the nation." Asserting that a new dawn has come in Jammu and Kashmir, Lieutenant Governor Manoj Sinha said with Operation Sindoor continuing and the Indus Water Treaty suspended, India's water resources will now be utilised for its own requirements.

      Addressing a function at the Maulana Azad Stadium in Jammu, Sinha assured people that the government would thoroughly examine every case linked to terrorism and the guilty would face the strictest punishment.

      Chief Minister Omar Abdullah was the chief guest at the function, which was also attended by National Conference president and former chief minister Farooq Abdullah.

      Taking a veiled dig at the Centre, Tamil Nadu Chief Minister M K Stalin said, "Let's celebrate a unified India. Not a uniform India." "India moves forward when every citizen can live with dignity, confidence and freedom," he said in a post on X.

      "We must remain a country where cultures enrich one another, languages coexist with pride and faith is a personal truth. Our strength has never been sameness. It has always been our many-ness. When diversity is protected, belonging feels natural. And the future stays open to everyone, equally. Happy Republic Day, India plural and proud," he said.

      Karnataka Chief Minister Siddaramaiah cautioned about a "conspiracy" to make the Constitution irrelevant by taking away the autonomy of constitutional institutions.

      "Those who are opposing the Constitution are against social change and social justice. People should understand that they are opposing laws and programmes that are in favour of the poor, farmers, workers, Dalits, and the exploited," he said.

      Kerala Chief Minister Pinarayi Vijayan said the spirit of the Constitution and democratic values are facing unprecedented challenges, and called for unity to defend secularism and federalism.

      "The federal concept of a strong Centre with empowered states is facing serious challenges. We should stand together against policies that aim to weaken federalism by curtailing the financial powers of states and turning constitutional institutions into political tools," the Left leader said.

      The 77th Republic-Day parade was held on the iconic Red Road in Kolkata, with the armed forces displaying their might and resolve to safeguard the country's sovereignty.

      Governor C V Ananda Bose took the salute as the marching contingents from frontline infantry and artillery formations of the Army, along with elements of the Navy, Air Force and military bands, presented a striking display of professionalism, jointness, pride and mutual loyalty.

      Chief Minister Mamata Banerjee attended the celebrations.

      Separately, Banerjee called for a renewed commitment to the core constitutional values of justice, liberty, equality and fraternity, while stressing the need for "collective vigilance" to safeguard the republic.

      "I am reminded today of the old saying: eternal vigilance is the price of liberty. I urge everyone today to exercise this vigil. Our republic and our Constitution today demand our collective vigilance," she said in a post on X.

      Assam Chief Minister Himanta Biswa Sarma said the time has come for people to think and make a choice -- whether they want "vote-bank politics" or to take forward the development journey launched by the BJP government in the state over the last five years.

      Assam will go to polls in the next few months and people must decide whether they want to "surrender to Bangladeshi Muslims" or be part of progress and development, Sarma said in his address after unfurling the national flag at a Republic-Day function in Dibrugarh.

      Bihar Governor Arif Mohammed Khan said the state government's top priority is to provide one crore jobs and other employment opportunities by 2030.

      He asserted that the BJP government is committed to preserving communal harmony in the state.

      Jharkhand Governor Santosh Kumar Gangwar said the state will play a leading role in achieving the goal of a developed India by 2047 with its natural and mineral resources, youthful energy and rich cultural heritage.

      Odisha Governor Hari Babu Kambhampati unfurled the national flag at the Mahatma Gandhi Marg in Bhubaneswar, while Chief Minister Mohan Charan Majhi did the same at Cuttack.

      Majhi asserted that the BJP government in the state has zero tolerance for crimes against women.

      "I would like to assure the mothers and sisters of the state on this occasion that our government is always working for your safety. If anyone commits a crime against you, they will definitely be punished. In cases of violence against women, all the accused have been arrested," he said.

      Chhattisgarh Chief Minister Vishnu Deo Sai described the violent Maoist ideology as a grave challenge to the country's democracy and said the difficult task of ending this "cancer-like menace" is now nearing completion.

      Naxalism is set to be eliminated from the state by March, he asserted.

      Governor Ramen Deka also said Chhattisgarh, which has suffered for years due to Maoist violence, is poised to root out the menace by March.

      The assertions came a day after 11 security personnel were injured as improvised explosive devices (IEDs) planted by Maoists went off during an anti-Naxalite operation in Chhattisgarh's Bijapur district.

      Gujarat Governor Acharya Devvrat unfurled the tricolour in the newly-created Vav-Tharad district.

      Chief Minister Bhupendra Patel, Assembly Speaker Shankar Chaudhary, Chief Secretary M K Das and in-charge Director General of Police (DGP) K L N Rao were present at the function held in Malupur.

      Patel said under Prime Minister Narendra Modi's leadership, the country is advancing with rapid strides towards the goal of becoming developed by 2047.

      Maharashtra Governor Acharya Devvrat said the state has consistently been at the forefront in attracting foreign direct investment, emerging as a trusted destination for global investors.

      Addressing the main Republic-Day function in the state held at the Chhatrapati Shivaji Maharaj Ground in Mumbai's Dadar, Maharashtra Chief Minister Devendra Fadnavis said India is moving fast on the strength of its Constitution and democratic values and is on track to become the world's third-largest economy.

      Madhya Pradesh will observe 2026 as the "year of agriculture", Governor Mangu Bhai Patel said, citing that the budget for the sector has been increased to Rs 27,000 crore over the years.

      Rajasthan Governor Haribhau Bagde, Chief Minister Bhajanlal Sharma and Leader of Opposition Tikaram Jully outlined sharply-contrasting narratives on governance, the Constitution and the state's future while addressing separate Republic-Day functions.

      Addressing a gathering, Bagde said the BJP government in the state has so far provided jobs to one lakh people, while the recruitment process for 1.54 lakh posts is underway.

      Addressing another gathering after unfurling the tricolour at Jaipur's Badi Chaupar, Sharma said India has become the world's fourth-largest economy under Modi's leadership and is moving rapidly towards becoming the third-largest.

      Jully, also speaking at Badi Chaupar, described India as a "beautiful and great republic" that guarantees equality to all castes and communities.

      However, he launched a sharp attack on the ruling BJP, alleging that the forces in power are weakening the Constitution. PTI TEAM RC

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