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    RBI's Proposed Shift from Revolving Credit to Term Loans: SwiffyLabs Lending Platform Already Supports the New Construct
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    Indian Community in Japan Playing Key Role in Strengthening India-Japan Ties: Commerce and Industry Minister Shri Piyush Goyal
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August 26, 2026
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Non-revolving credit lines require term-loan structures supporting multiple drawdowns without replenishing sanctioned limits for NBFC lending products.
Proposed restrictions on revolving credit facilities for most NBFCs would generally require credit products to operate as term loans, rather than facilities in which principal repayment automatically restores the available borrowing limit. Compliance may require technology capable of managing multiple drawdowns within an approved sanction, separate repayment schedules, amortisation and servicing workflows, while preventing repaid principal from replenishing the sanctioned limit.
August 26, 2026
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Reciprocal trade tariffs intensify as negotiations confront market access, cultural protections, industrial safeguards, and sovereignty concerns.
US-Canada tariff escalation involves reciprocal import duties following failed negotiations over market access and trade in dairy, alcoholic beverages, automobiles, steel, aluminium and softwood lumber. United States tariff action relies on a rarely used trade-law power permitting duties against countries considered to discriminate against American businesses, without a prior investigation or stated time limit. Negotiations also raised concerns about protection of major industries, cultural protections and Canada's freedom to conclude trade agreements with other countries.
August 26, 2026
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Diaspora engagement supports skilled mobility, investment links, remittances, and citizen welfare while encouraging compliance with local laws.
Indian diaspora engagement in Japan supports bilateral goodwill, business links, investment opportunities and people-to-people ties. Skilled Indian professionals are encouraged to understand local requirements, learn Japanese language and culture, and pursue opportunities in healthcare, trades, engineering, artificial intelligence, accountancy and maritime work. Diaspora members are also encouraged to maintain connections with India, contribute through digital education and knowledge-sharing, and comply with local laws and regulations. Remittances and government support for citizens' welfare, safety and crisis assistance abroad are recognised as important aspects of diaspora engagement.
August 26, 2026
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Semiconductor and AI cooperation advances through industry engagement, investment facilitation, and accelerated economic partnership review.
India-Japan cooperation in semiconductors and artificial intelligence is being strengthened through industry engagement, investment facilitation, technology partnerships and an economic-security-oriented framework. India's semiconductor strategy covers chip design, machinery and materials, fabrication, ATMP/OSAT, research, and talent development, supported by Semicon India initiatives. Bilateral engagement also seeks to address industry concerns, expand manufacturing and innovation partnerships, and accelerate review of the Comprehensive Economic Partnership Agreement to reflect emerging economic opportunities.
August 26, 2026
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Virtual trader engagement platform strengthens weekly grievance feedback, policy information sharing, and institutional dialogue between government and trading communities.
The Virtual Conference Interaction Meetings provide a weekly, accessible forum for retail traders to engage with the Government, receive information on relevant schemes, policies and reforms, and submit grievances and suggestions. The platform enables recurring concerns to be identified and communicated to concerned Ministries and Departments for consideration and redressal. It seeks to strengthen institutionalised dialogue, feedback, transparency, trust and cooperation between the Government and the trader community.
August 26, 2026
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Competition clearance for full acquisition permits Cyient to acquire Tao Digital Solutions, a global digital transformation and technology services provider.
Competition Commission of India approved Cyient Limited's acquisition of 100% of Tao Digital Solutions Inc.'s share capital from its existing shareholders. The full share capital acquisition transfers complete ownership of Tao Digital Solutions to Cyient. Tao Digital Solutions provides global digital transformation and technology services, including product engineering, managed services, cybersecurity, payments, digitization and AI, cloud services, and data services, and operates in India through its wholly owned subsidiary, Tao Digital India Private Limited.
August 26, 2026
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Competition clearance for full coal-sector acquisition addresses limited Indian market links through metallurgical and thermal coal sales.
Competition approval covers Yancoal Australia Limited's acquisition of 100% equity interest and warrants in Kestrel Coal Group Pty Ltd. The target holds an 80% interest in the Kestrel Joint Venture, which operates a Queensland coal mine producing principally metallurgical coal and a smaller volume of thermal coal. Neither the acquirer nor the target has a physical presence in India. Their Indian nexus is limited to coal exports and the joint venture's sales of metallurgical coal into India.
August 25, 2026
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Customs classification of unassembled vehicle imports requires fresh hearing after reserved tax challenge was released without verdict.
The dispute concerns customs classification of imported unassembled vehicle parts. Customs authorities allege that parts imported in separate shipments should have been declared as completely knocked down (CKD) units, attracting the higher duty applicable to CKD imports, rather than as individual components subject to lower duty. The manufacturer contests the resulting customs demand. Proceedings have been released for fresh hearing before the regular indirect-tax writ bench, with status quo maintained for four weeks.
August 25, 2026
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Retaliatory tariffs on imported goods escalate trade measures, targeting key sectors while maintaining support for affected domestic businesses.
Canada has imposed retaliatory tariffs on United States-origin industrial and consumer goods following increased United States tariffs on Canadian goods. Effective 8 September, the measures apply at rates of 15%, 25% and 50% across more than 700 products, including steel, aluminium, appliances, dairy products, seafood, furniture, clothing, pulp and paper, and electronics. Existing countertariffs on automobiles remain in force. The measures seek to protect domestic businesses and reduce imports, supported by assistance for affected workers and businesses amid risks to integrated cross-border supply chains.
August 25, 2026
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Foreign-exchange market intervention and lower crude prices supported rupee appreciation, while USD/INR remained range-bound amid shifting dollar conditions.
Foreign-exchange market conditions supported rupee appreciation against the US dollar, driven by stronger domestic equity markets, a weaker US dollar and lower crude oil prices. The USD/INR pair remained broadly range-bound, with oil-price movements and Reserve Bank intervention identified as key near-term influences. The special USD-INR foreign-exchange swap facility for FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings mobilised substantial foreign-exchange inflows.
August 25, 2026
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Section 301 tariffs may have lower impact where major exports remain outside their scope amid resilient domestic demand.
Economic resilience is attributed to buoyant domestic demand, increased manufacturing and services activity, improving liquidity conditions, credit growth, investment activity and rebounding foreign capital inflows. Recovery in the southwest monsoon improved kharif sowing and reservoir storage, partly mitigating agricultural-sector risks. US Section 301 tariffs are expected to have a comparatively lower effect because major Indian exports to the United States, including smartphones, petroleum products and pharmaceuticals, remain outside their scope. Foreign direct investment improved with higher gross inflows, while outward foreign direct investment continued to decline.
August 25, 2026
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BIS certification exemptions may be structured for high-tech manufacturers to ensure timely equipment imports and support domestic manufacturing operations.
Mandatory Bureau of Indian Standards (BIS) certification requirements for equipment and components used by high-technology manufacturers may be addressed through a proposed exemption framework. Possible exemptions may be structured at the company, industry, product, project or bulk level to support timely availability of imported equipment, goods and services for manufacturing operations. The approach is directed at high-technology industries generally, particularly semiconductor and artificial intelligence sectors, while addressing delays associated with mandatory certification and complex procedures for specialised imported parts and equipment.
August 25, 2026
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Corporate social responsibility should prioritise measurable community outcomes, transparency, capable implementing agencies, and strategic integration with sustainability objectives.
Corporate social responsibility should prioritise measurable community outcomes rather than expenditure alone. Effective CSR depends on community-responsive design, capable implementing agencies, rigorous monitoring, social audits, and transparent use of technology and data. Public sector enterprises may use thematic priorities, convergence with government programmes, and institutional collaboration to replace isolated interventions with strategic CSR. CSR capacity building encompasses legal and regulatory frameworks, governance, project planning, impact assessment, reporting, ESG and the Social Stock Exchange.
August 25, 2026
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Regional rural bank performance highlights improved profitability, asset quality, priority-sector lending, financial inclusion, and digital banking expansion.
Regional Rural Banks achieved prescribed priority-sector lending targets and sub-targets, expanded financial inclusion through new Pradhan Mantri Jan Dhan Yojana accounts, and recorded improvement in profitability, asset quality, and credit-deposit ratio. Digital banking adoption is to be accelerated to improve operational efficiency, customer experience, and banking access in rural and remote areas. Sponsor Banks are expected to strengthen information-technology infrastructure and support increased area-specific credit flows and innovative lending.
August 25, 2026
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Ethanol-blended fuel policy faces calls for consumer-focused review amid sugar supply pressures and older-vehicle compatibility concerns.
Consumer-focused review of the ethanol-blended fuel policy is sought because higher ethanol diversion may affect domestic sugar availability and prices, potentially requiring sugar imports that could reduce claimed foreign-exchange savings from lower petroleum imports. The review should address ethanol and sugar production, domestic prices, imports, and consumer, environmental and economic concerns. Availability of lower-blend fuel alongside E20 is advocated for owners of older vehicles, with consumer choice between E10 and E20 supporting a comprehensive reassessment.
August 25, 2026
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Economic resilience remains supported by domestic demand, manufacturing, liquidity and capital inflows despite external trade and geopolitical risks.
Economic resilience is attributed to buoyant domestic demand, sustained manufacturing and services activity, and double-digit merchandise trade growth. Improved southwest monsoon conditions supported kharif sowing and partly reduced agricultural risks, although geopolitical frictions and fresh United States tariffs remained external risks. Supply-side pressures raised consumer price inflation, while stable core inflation indicated limited cost pass-through. Easing liquidity, credit growth, investment activity and rebounding foreign capital inflows supported financial and external-sector conditions.
August 25, 2026
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Sugar price controls combine raw sugar imports, stockholding limits, and export restrictions to curb retail inflation.
Sugar market intervention combines permitted imports of raw sugar, stockholding limits for dealers and bulk consumers, and an existing export ban to address sharp increases in retail and wholesale prices. Limits on inventories held by trade participants and large industrial consumers are intended to curb speculation and hoarding. Although ex-mill rates declined after the import decision and anti-hoarding measures, the reduction had not yet translated fully into retail prices. The measures seek to supplement domestic availability and restrain practices that may intensify consumer-price increases.
August 25, 2026
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Tariff escalation drives retaliatory planning, industry protection measures, supply-chain uncertainty, and proposed symbolic geographic renaming amid cross-border trade tensions.
United States-Canada trade tensions have intensified after tariffs were imposed on Canadian goods following unsuccessful bilateral talks. Canada is expected to pursue retaliatory measures, potentially using targeted action to protect workers and businesses rather than matching tariffs directly. Further tariff threats concern vehicles, auto parts and steel. Integrated cross-border supply chains in automotive, energy, agriculture and manufacturing face increased costs and consumer-price uncertainty. Consideration of renaming Lake Ontario as "Lake America" has also been linked to the escalating dispute.
August 25, 2026
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Central infrastructure monitoring through PAIMANA-PROJ tracks implementation progress, sectoral priorities, completed works, and integration of newly monitored projects.
PAIMANA-PROJ monitors Central Sector infrastructure projects costing Rs. 150 crore and above across 17 Ministries and Departments. As of July 2026, 1,775 projects with a revised cost of Rs. 37.11 lakh crore were under monitoring, with cumulative expenditure of Rs. 19.26 lakh crore. Transport and Logistics formed the largest monitored sector, followed by Energy. The portfolio included mega and major projects at varying physical and financial completion stages. PAIMANA-CRIP serves as the central infrastructure-project data repository, with most data updated through APIs.
August 25, 2026
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Plant growth regulator quality controls require farmer awareness, licensed sales, quarantine compliance, and protection against uncertified orchard inputs.
Plant Growth Regulator quality control seeks to protect farmers and orchardists from spurious products sold in the open market. Licensed pesticide and fungicide outlets receive application schedules, while farmer awareness is stressed due to purchases of cheaper PGRs that may not achieve expected results. Rootstock imports require quarantine clearance, and uncertified rootstock purchased from the market is associated with disease spread in orchards. Regulatory measures include direct departmental sale of branded chemicals, promotion of weather-based crop insurance, and demands concerning minimum support pricing and Market Intervention Scheme documentation.

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India’s intelligent living market signals growth as Smart Home Expo 2026 opens today

April 28, 2026

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28th April 2026, Mumbai, Maharashtra: Smart Home Expo 2026 organised by Messe Frankfurt Trade Fairs India and World Media & Expo LLP opened today at the Jio World Convention Centre, reflecting the growing depth and maturity of India’s smart living ecosystem. Demand is being driven across the value chain from real estate developers integrating automation and energy-efficient systems offering security and comfort into new projects, to architects and interior designers prioritising seamless, design-led technology and consumers increasingly seeking connected, secure and experience-driven homes. At the same time, as India advances towards smarter infrastructure and manufacturing capabilities, the market is opening significant opportunities for both domestic production and global collaborations. The show was inaugurated in the presence of distinguished dignitaries, which included: • CHIEF GUEST - Mr Jimmy Mistry, Chairman, Della Group who noted: • Ar Jignesh Modi, President, Indian Institute of Interior Design (IIID) & Principal Architect at Jignesh Modi & Associates • Ms Wendy Griffiths, Senior Vice President Membership & Global Development at (CEDIA) Custom Electronic Design and Installation Association • Mr Ketan Sheth, Chairperson, Indian Institute of Interior Design, Mumbai Chapter (IIID) & Founder of Goldmine Project Consultant • Mr Pushkar Gokhale, Executive Vice President & Business Head, Godrej Enterprises Group • Ms Himani Gupta, Associate Vice President (AVP), Havells India • Mr Sumant Bhatia, General Manager, Havells India • Mr Richard O’Carroll, Senior Professional Commercial Manager APAC, Sonos • Mr Luv Malik, Partner, Luxury Personified • Mr Sandeep Singh, Director, Smart Home Expo • Mr Vinayak Paradkar, Director, Smart Home Expo • Mr Johannes Möller, Group Show Director - Building Technologies Shows, Messe Frankfurt GmbH • Mr Raj Manek, Executive Director & Board Member, Messe Frankfurt Asia Holdings Ltd • Mr Winston Pereira, Executive Director, Messe Frankfurt Trade Fairs India Pvt Ltd Speaking at the inauguration, Chief Guest Mr Jimmy Mistry, Chairman, Della Group, noted: “Technology and automation are interwoven for human-centric design, and what is today’s luxury is going to be tomorrow’s necessity. This is only the beginning, with mass adoption of automation now reaching rural India. India is very good at leapfrogging, and no manufacturers can afford to overlook India as we move rapidly at scale. Smart Home Expo is far bigger than imagined and is only going to grow exponentially. It is unfair to judge it by footfalls, as the transactions that will happen through this be far more significant. I think this industry is poised for 20%–25% YoY growth and will continue to scale ahead.” Commenting on the opening, Mr Sandeep Singh, Director, Smart Home Expo, shared: Smart Home Expo has evolved into a comprehensive platform that reflects how technology, design and user experience are converging in the smart living space. The strong industry participation this year underscores the growing demand for integrated, future-ready solutions in India.” Adding to this Mr Raj Manek, Executive Director & Board Member, Messe Frankfurt Asia Holdings Ltd, noted: “India represents one of the fastest-growing markets for smart home technologies globally, driven by rapid urbanisation and digital adoption. Smart Home Expo 2026 highlights this momentum by bringing together global innovation and domestic expertise under one roof.” The convergence of the industry where integrated automation systems, intelligent lighting, immersive AV and smart security solutions highlight the shift towards fully connected, future ready living environments. Bringing together 450+ brands and over 8,000 products, the expo highlights the rapid evolution of India’s smart living ecosystem across home automation, lighting, security and high-end audio-visual solutions. Participation from global markets such as Belgium, China, Germany, United Kingdom, the United States of America, Switzerland and Turkey further underscores India’s growing importance as a high-growth destination for smart home technologies. The show floor features a wide spectrum of innovations – from integrated control systems and KNX-based automation to immersive AV experiences, intelligent lighting and energy management solutions. A key focus this year is the shift towards seamless, design-led and invisible technology, where smart systems are embedded into the architecture of homes, enhancing comfort, efficiency and user experience without compromising aesthetics. The show also features dedicated experience zones, including the KNX-pavilion and AV demo rooms, allowing visitors to engage with real -world applications of smart living – cinematic home theatres to fully automated living environments. Supported by leading industry bodies such as the CEDIA and Indian institute of Interior Designers, Smart Home Expo 2026 continues to serve as a vital platform for knowledge exchange, collaboration and business opportunities across the architecture, interior design and technology communities. With a strong lineup of partners and curated showcase of next-generation products, the 2026 edition sets the tone for the future of connected living in India, where innovation, design and functionality come together to shape smarter homes. Press information and photographic material https://smarthomeexpo.in.messefrankfurt.com/mumbai/en.html Press Contacts Messe Frankfurt Trade Fairs India Pvt Ltd Viral P Sanghvi | Manager – PR & Corporate Communications +91 9930837978 | [email protected] Background information on Messe Frankfurt www.messefrankfurt.com/background-information Sustainability at Messe Frankfurt www.messefrankfurt.com/sustainability-information About World Media and Expo LLP Founded in 2017 by seasoned professionals with a wealth of experience in the exhibitions and publishing sector, World Media and Expo LLP has rapidly grown to become a prominent player in the industry. Specialising in organising international B2B trade fairs and publishing technology magazines, the company is based in Mumbai, India. WME's diverse exhibition portfolio encompasses events in the following categories - Smart Home technology, Electric Vehicles, Office solutions and Cosmetic Ingredients, providing valuable platforms for industry stakeholders to connect and collaborate. For more information, please visit our website at: https://www.worldmediaexpo.com (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

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