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    USIBC bats for early conclusion of India-US trade deal
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    Centre to borrow Rs 7.86 lakh cr in Oct-Mar, FY27 borrowing slashed by Rs 1.2 lakh cr
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September 25, 2026
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Interest-free working capital assistance for FCV tobacco growers supports liquidity, institutional loan repayment, crop inputs, and reduced private borrowing.
A one-time, interest-free working-capital loan of Rs. 50,000 per barn is approved for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering about 44,000 growers, the assistance is proposed to be delivered through direct benefit transfer. It is intended to provide liquidity for household requirements, institutional loan repayment and crop inputs, while reducing dependence on private borrowing.
September 25, 2026
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Government securities auction calendar establishes retail bidding access, flexible issuance terms, greenshoe subscriptions, and periodic debt switch operations.
Each auction carries a non-competitive bidding facility, under which five per cent of the notified amount is reserved for specified retail investors. The Government may modify indicated amounts, issuance periods and maturities, and may issue instruments with non-standard maturities, floating-rate bonds or inflation-indexed bonds, having regard to governmental requirements, market conditions and other relevant factors. It may retain additional subscriptions through a greenshoe option and conduct switch or buyback auctions of dated securities.
September 25, 2026
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Market borrowing plan sets dated securities auctions, Treasury Bill issuance, redemption management, and temporary cash-flow support.
Government market borrowing for the second half of FY 2026-27 is to be raised through weekly auctions of dated securities, including Sovereign Green Bonds, across maturities from 3 to 50 years. Debt-management measures include switching and buyback operations to smooth the redemption profile and a greenshoe option for additional subscriptions. Treasury Bills are to be issued through weekly auctions in 91-day, 182-day and 364-day maturities. The Ways and Means Advances limit is fixed to address temporary mismatches in government accounts.
September 25, 2026
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GI-tagged agricultural exports expand farmer access to international markets through FPO-led value chains and higher price realisation.
APEDA facilitated the export of a one-metric-tonne consignment of GI-tagged Gulbarga Tur Dal from Karnataka to the Maldives through an FPO-led brand. Gulbarga Tur Dal has held GI registration since 2019. The export-linked channel provides farmers a realisation of Rs.82 per kg compared with a prevailing market price of Rs.60 per kg, while supporting closer integration of FPOs and farmers into export-oriented supply chains.
September 25, 2026
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Trader welfare policy discussions covered GST reform, digital commerce, finance access, export promotion, and coordinated institutional support.
Deliberations covered GST rationalisation, refund delays, audit duration, amnesty schemes, input tax credit anomalies and pending appeals, alongside proposed inclusion of traders in MSME facilitation committees, a centralised loan portal with a 30-day timeline, CIBIL score reforms and grievance helplines. Trader welfare measures considered timely contractor payments, safeguards against technical penalties, loan-repayment flexibility during lean periods and stronger Centre-State coordination.
September 25, 2026
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Gold smuggling through powdered gold concealed in food products led to seizure and arrests under customs law.
Intelligence-led interception and baggage examination identified foreign-origin gold converted into fine powder and mixed with packaged food products of similar colour, texture and consistency. Segregation and assaying yielded 9.40 kg foreign-origin gold, which was seized under the Customs Act, 1962. Questioning linked the passengers to the same organised gold-smuggling syndicate, and they were arrested under that Act.
September 25, 2026
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Customs seizure of suspected smuggled areca nuts and restricted poppy seeds followed intelligence-led cross-border enforcement operations.
Intelligence-led customs enforcement in Mizoram and Assam resulted in seizure, under the Customs Act, 1962, of suspected foreign-origin areca nuts and poppy seeds believed on preliminary inquiry to have been smuggled from Myanmar. Searches of locked, unattended godowns near the Indo-Myanmar border recovered the commodities, while interception of two trucks carrying poppy seeds without valid import documents led to seizure of the consignments and vehicles. Four persons connected with transportation of the poppy seeds were arrested.
September 25, 2026
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Industrial control system cybersecurity certification validates system-level protection across wind farm controls, networks, and lifecycle security services.
IEC 62443-3-3 Security Level 2 certification applies to a wind farm control system covering SCADA, PPC, PLC and industrial network devices. It assesses system-level security requirements, including the interaction of components, networks and security mechanisms within an overall industrial control environment. The cybersecurity framework also spans secure development, certified core control components, system-level protection, and security integration and maintenance services across the lifecycle of wind energy technologies.
September 25, 2026
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Foreign exchange reserve composition reflects a weekly decline driven by foreign currency assets despite a modest gold increase.
India's foreign exchange reserves declined by USD 14.881 billion to USD 765.901 billion for the week ended 18 September 2026. The contraction was principally driven by a reduction in foreign currency assets, which also reflect valuation effects from movements in non-US reserve currencies. Gold reserves increased, while Special Drawing Rights decreased and the reserve position with the International Monetary Fund remained reported separately.
September 25, 2026
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Five-day banking proposal remains under consideration amid strike plans and measures for uninterrupted banking and advance disbursements.
Five-day banking remains under governmental consideration, with no Finance Ministry commitment to implementation. Unions linked the proposal to the 12th Bipartite Settlement/9th Joint Note, which contemplated extended Monday-to-Friday working hours. Family pension revision and a pension option for resignees were identified as addressed, while withdrawal of the Performance Linked Incentive scheme remains in abeyance. Public sector banks were instructed to remain open on the preceding Sunday, and central government salaries, wages and pensions were directed to be disbursed in advance.
September 25, 2026
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Alternative fuel transition promotes ethanol, electric and hydrogen mobility to reduce imports, pollution, and strengthen farm income.
Alternative-fuel and public-transport measures seek to reduce dependence on imported petroleum, curb air pollution, and support farmer income and employment. Ethanol is positioned as a farm-income source through increased demand and returns for maize growers, alongside electricity, hydrogen and waste-derived CNG. Development and introduction of flex-fuel vehicles, using engines capable of operating on ethanol, electric tractors, hydrogen-powered vehicles and hydrogen buses form part of a cleaner-mobility strategy.
September 25, 2026
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Foreign-exchange market intervention expectations supported rupee appreciation amid improved risk sentiment, while importer demand and crude prices constrained gains.
Foreign-exchange market conditions supported a 19-paise appreciation of the rupee to 95.80 against the US dollar, aided by improved global risk sentiment and expectations of Reserve Bank intervention. Dollar demand from importers, high crude prices and US dollar strength constrained gains. Lower crude prices and dollar weakness could support the rupee, while geopolitical escalation may create pressure. Market participants expected intervention if the currency weakened toward 96.
September 25, 2026
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Credit health assessment combines score, repayment history, utilisation, accounts and enquiries to support informed borrowing and profile monitoring.
Credit health is broader than a numerical credit score and encompasses the way credit has been managed over time. Credit analysis requires a combined review of the score, repayment history, credit accounts, credit utilisation, credit history and credit enquiries. A credit report may identify management of EMIs and credit-card dues, existing borrowing obligations, use of revolving credit relative to available limits, and recent lender checks associated with credit applications. Incorrect or unfamiliar entries may be reviewed and, where necessary, raised with the relevant lender or credit bureau.
September 25, 2026
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Fuel-price mitigation measures use tax reductions, targeted subsidies and energy-security policies to ease pressure on households and energy-intensive industries.
European fuel-price intervention combines targeted subsidies, fuel-tax reductions, temporary regulatory flexibilities and energy-security investment to moderate the economic effects of sharply higher gasoline and diesel prices caused by disrupted supplies. Member States have temporary discretion to grant state aid to households and energy-intensive sectors, including agriculture, transport and fishing, and limited flexibility under EU spending rules for investments that improve energy security and reduce dependence on imported fossil fuels.
September 25, 2026
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AI management certification anchors responsible lifecycle governance, transparency, accountability, security, and human oversight for agentic loyalty systems.
ISO/IEC 42001:2023 certification applies to an Artificial Intelligence Management System governing AI development, deployment, oversight and continual improvement within the GRAVTY platform. The framework supports AI-related risk management, responsible governance, transparency, accountability, security and human oversight throughout the AI lifecycle. Its scope includes supervised and unsupervised learning models and large language models supporting personalised engagement, fraud management, loyalty intelligence, autonomous decision-making, operational automation and workflow support.
September 25, 2026
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Digital warehousing controls propose electronic tracking, secure transport, monthly returns, and risk-based compliance verification for warehoused goods.
Draft Warehousing Operations Regulations, 2026 would require public and private warehouse licensees to use the electronic portal and a digital warehouse management system for receipt, storage, transfers, removals and accounting of warehoused goods. Transport would generally require a one-time-lock and transit-risk insurance, subject to specified exemptions. Licensees would verify locks and goods, report discrepancies, maintain auditable electronic records, submit monthly returns, and permit removals for home consumption or export only upon electronic clearance orders. Non-confirmation, discrepancies and contraventions would trigger information demands, risk-based verification and action under the Customs Act.
September 25, 2026
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Technology risk governance requires banks to retain accountability, test resilience, and govern artificial intelligence before scaling financial services.
Technology risk governance must treat technology architecture as a first-order enterprise risk, alongside conventional financial risks, because the availability and integrity of core banking, payments, onboarding, credit, fraud-monitoring and reporting systems determine whether customers can access essential financial services. Banks may outsource technology functions but retain accountability for access controls, concentration, recoverability, data protection and exit options. Effective resilience requires secure architecture, asset visibility, timely remediation of vulnerabilities and legacy systems, identity and access management, effective controls, third-party oversight, post-incident learning, and regular recovery testing.

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IIM Udaipur Hosts D'Future – India Digital Conclave 2026, Spotlighting Technology-Led Growth, Resilience, and Inclusion

February 3, 2026

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HYDERABAD, India, Feb. 2, 2026 /PRNewswire/ -- The Indian Institute of Management, Udaipur (IIMU), successfully hosted the third edition of the D'Future: India Digital Conclave at the T-Hub, Hyderabad, a flagship platform that brought together leaders from government, academia, industry, start-up and sports to deliberate on the role of digital technologies in shaping India's future. The Conclave focused on building an inclusive nation through technology-enabled systems and growth (resilient systems, and inclusive nation-building through). A very meaningful dialogue, research insights, and real-world success stories were the basis for the deliberations between the delegates and the speakers. The Conclave opened with inaugural remarks by Prof. Ashok Banerjee, Director, IIM Udaipur. Prof. Banerjee highlighted how contemporary industry increasingly expects professionals to be proficient in artificial intelligence and advanced technologies. He spoke about IIM Udaipur's response to these evolving demands through the introduction of specialised MBA programs in technology and the active alignment of faculty research and teaching with the rapidly changing global landscape. Speaking on the vision behind the India Digital Conclave, he emphasized the institute's aim to engage with major cities across India, enabling continuous interaction between academia and industry to exchange ideas, strengthen academic relevance, and foster future-ready learning. The keynote address was delivered by Shri Jayesh Ranjan, Special Chief Secretary, Government of Telangana. Reflecting on the decade-long journey of the Digital India initiative, Mr. Ranjan spoke about the formation of a state driven by the aspiration to create better opportunities through technology-led growth. He referred to strategic decision-making exercises undertaken at leading institutions and noted that the state's rapid progress, strong institutional ecosystem, and governance reforms were outcomes of a sustained focus on technology and efficiency. He highlighted Telangana's commitment to digitising governance and public services, including optical fibre connectivity to households, and shared examples of using technology to address long-standing inefficiencies, particularly in agriculture and rural development. He also spoke about initiatives supporting deep tech, startups, academic institutions, and women entrepreneurs, and emphasised that in an emerging economy, technology-led development is central to growth and requires collaboration between government and independent entities. Prof. Ramayya Krishnan, Dean Emeritus, Heinz College of Information Systems and Public Policy, Carnegie Mellon University emphasised the importance of generating value from artificial intelligence in ways that benefit both business and society. He spoke about AI's role in enabling conversational fluidity across languages and highlighted initiatives such as AI-driven learning platforms developed in partnership with the Gates Foundation. While acknowledging AI's potential to contribute significantly to economic growth, he also stressed the need for people and processes to evolve alongside technology. His address covered AI governance, operationalising AI through robust evaluation mechanisms, redesigning organisational workflows, and the role of ambient AI, particularly in healthcare applications, with a special focus on rural contexts. He concluded by underlining the importance of workforce adaptation and upskilling in an AI-driven future. The Indian research track was led by Probal Mojumder, Chairperson (PhD), IIM Udaipur. Prof. Mojumder spoke on building societal resilience through technology-enabled crisis response. Drawing on research conducted during the COVID-19 pandemic, he discussed analysing SOS communications on social media, particularly those related to oxygen cylinder requests in the Delhi NCR region. He explained the data collection and validation process and shared findings showing that online engagement patterns, such as hashtags and replies, significantly increased the likelihood of receiving help. He further explored the potential of large language models to augment disaster response by detecting bias, replicating human urgency, and enabling human–AI collaboration in healthcare resource allocation during crises. A panel discussion on Resilient & Inclusive Nation Building brought together Lalitha Indrakanti, CEO, JLR Technology and Business Services India; Mukund Rajan, Chairperson, ECube Investment Advisors; Phani Mitra B, Global CIO & CDO, Dr. Reddy's Laboratories; Sanket Atal, Country Head and Senior Vice President, OpenText India; and Sujith Nair, Co-founder, Beckn & FIDE. Moderated by Shyam Srinivasan, Senior Advisor, TVS Capital Funds, the discussion linked the vision of Viksit Bharat with the need for resilience, inclusion, and long-term societal impact. Panelists emphasized embedding responsibility within businesses, expanding access to education and healthcare, democratizing technology, unlocking enterprise data, and leveraging India's digital public infrastructure to raise the baseline of inclusion while improving quality of life. The Corporate Success Story segment featured Kamlesh Gosai, Executive Director – Traffic Commercial (General), Ministry of Railways. He shared insights into the GatiShakti program and the Tech Vision 2035 roadmap, highlighting integrated infrastructure planning, ambitious connectivity goals, AI-enabled optimization of freight and passenger movement, reduced logistics costs, and the role of digital planning tools in accelerating execution across rail, road, and waterways. The Conclave also showcased student-led innovations from IIM Udaipur's 1-Year MBA (GSCM) program. Sriharan Natarajan presented a conversational agent designed to streamline inventory management through natural language interaction, enabling faster data access, task automation, and informed purchase decisions. Bhagawath K U demonstrated an AI-powered demand forecasting chatbot integrated with an interactive dashboard, enabling multi-SKU forecasting and improved operational visibility. The Conclave concluded with a fireside chat featuring Viren Rasquinha, CEO, Olympic Gold Quest and former India hockey captain, and Rahul Nagar, Co-founder, str8bat, moderated by Prof. Arun C R, Faculty, IIM Udaipur. The speakers discussed the growing role of data and technology in sports performance, from video analytics and wearable devices to real-time decision-making, while emphasizing the need to democratize access to sports technology and extend these capabilities to grassroots athletes across India. Viren Rasquinha mentioned about how countries like Australia and Germany used technology in Hockey to strategise players' positions and enhance the team's performance in Olympic matches, and linked it back to training needs in India that had not developed their curricula on the game which has become faster and more aggressive. India Digital Conclave also hosted start-up companies from across India to make a pitch to VC. Start-Up presented very interesting ideas on which India's future can develop into a global powerhouse in fields of quantum computing and hi-speed devices; low-cost sustained energy systems and rocket launching. Through D'Future – India Digital Conclave 2026, IIM Udaipur reaffirmed its commitment to fostering dialogue, research, and collaboration at the intersection of technology, policy, and society, contributing meaningfully to India's digital and developmental journey. About IIM Udaipur IIM Udaipur is well on its way to becoming a globally recognised B-School. It has broken new ground by focusing on world-class research and transforming students into tomorrow's managers and leaders. The Institute arrived on the global education stage by securing accreditation from the AACSB (Association to Advance Collegiate Schools of Business) in merely eight years of its establishment. IIMU has been listed on the Financial Times (FT) Global MIM Ranking 2025 for the 7th consecutive year, making it the only IIM to have achieved this feat. In the QS Global MIM Ranking 2026, IIM Udaipur continues to maintain its listing for the 7th year in a row, reinforcing its global standing. Additionally, IIM Udaipur ranks 4th in India for research in management, according to the UT Dallas methodology, which tracks publications in leading global journals, showcasing its excellence in academic research. Photo: https://mma.prnewswire.com/media/2874645/Panel_Discussion_IIMU.jpg' alt='Embedded Media' /> Logo: https://mma.prnewswire.com/media/2183220/IIMU_Logo.jpg' alt='Embedded Media' /> (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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