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    Manohar Lal arrives in Bhutan on 4-day visit; focus on energy security, sustainable development
    RBI Issues Draft Directions for ‘Trade Receivables Discounting System’
    RBI invites comments on Draft “Reserve Bank of India (Governance) Amendment Directions, 2026”
    RBI invites public comments on the draft Amendment Directions on ‘Investment Fluctuation Reserve’
    RBI invites public comments on Draft Amendment Directions on ‘Review of guidelines on inclusion of quarterly profits to Common Equity Tier 1 (CET1) ...
    NITI Aayog calls for 'Operation Golden Green' to boost J&K's horticulture sector, increase exports
    The Dow surges 1,300 in worldwide rally as oil plunges toward USD 90 following ceasefire with Iran
    Goa nightclub fire: ED attaches assets worth over Rs 17 crore
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    Connecting the Globe, Empowering Green Energy: China International Battery Fair 2026 Shapes the Next Era of Battery Technology
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    Sensex, Nifty soar nearly 4 pc on US-Iran ceasefire, correction in crude prices
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    Cabinet approves Investment Proposal for construction of 1200 MW Kalai-II Hydro Electric Project in Anjaw District of Arunachal Pradesh with an outlay...
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    Cabinet approves revision in cost and investment in equity for HPCL Rajasthan Refinery Limited (HRRL), Pachpadra, District - Balotra, Rajasthan
    Rupee likely to stabilise at 92-93 level: EAC-PM chairman
    Sensex, Nifty jump nearly 4 pc on US-Iran ceasefire, correction in crude prices
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April 9, 2026
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Energy security and cross-border power trade shape India-Bhutan cooperation through hydropower, clean energy and technical agreements.
India-Bhutan bilateral engagement focused on strengthening cooperation in energy security, sustainable development, clean energy, hydropower and regional power trade. Discussions covered an enhanced bilateral institutional framework for regular review and coordination of initiatives, including non-hydro energy, cross-border transmission, project financing, capacity building and institutional partnerships. The parties also signed the Tariff Protocol for the Punatsangchhu-II Hydroelectric Project and a methodology for reactive energy accounting to support grid stability and cross-border electricity exchange.
April 9, 2026
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Trade Receivables Discounting System directions seek to harmonise TReDS guidelines and support MSME receivables financing.
Reserve Bank of India has released draft Trade Receivables Discounting System Directions to rationalise and harmonise the existing guidelines governing TReDS platforms. The draft framework is intended to support financing of MSME trade receivables through regulated discounting mechanisms. The draft Directions have been issued for public consultation, and comments or feedback may be submitted by regulated entities and other stakeholders through the prescribed online regulatory feedback channel within the stipulated consultation period.
April 9, 2026
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Bank board governance reform shifts to principle-based guidance after RBI issues draft amendment directions for public consultation.
Reserve Bank of India has issued draft governance amendment directions for commercial banks, small finance banks, payments banks and local area banks for public comments. The proposed changes follow a comprehensive review and rationalisation of existing instructions on matters to be placed before bank boards, including their periodicity, so that boards may focus more effectively on strategy and risk governance. The draft framework replaces the earlier seven broad themes with principle-based guidance on board matters and retains RBI's ability to mandate policies and items for board approval, review or information.
April 9, 2026
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Investment Fluctuation Reserve rules updated through draft directions to align bank-wise prudential treatment and reporting clarity.
Reserve Bank of India has placed draft Amendment Directions for public comments to revise the framework on Investment Fluctuation Reserve across multiple categories of banks, together with related amendments on capital adequacy and financial statement disclosures. The draft seeks to modify the existing instructions governing classification, valuation and operation of investment portfolios and the treatment of IFR under the applicable prudential framework. The proposed changes aim to address operational difficulties, align instructions across bank categories, dispense with the IFR requirement for certain banks, require compliance as on balance-sheet dates, and harmonise related instructions for regulatory clarity.
April 9, 2026
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Common Equity Tier 1 capital rules revised as quarterly profit recognition conditions for CRAR are proposed for removal.
Reserve Bank of India has issued draft amendment directions on the inclusion of quarterly profits in Common Equity Tier 1 capital for CRAR computation by commercial banks, small finance banks and payments banks. The draft proposes revisions to the prudential norms on capital adequacy and invites public comments. The existing rule for commercial banks permits quarterly recognition of current-year profits for CRAR calculation subject to a condition on incremental provisions for non-performing assets, and the proposed review removes that qualifying condition.
April 8, 2026
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Horticulture development roadmap targets export growth, stronger production, and better market linkages for Jammu and Kashmir crops.
Operation Golden Greens proposes a phased horticulture development roadmap for Jammu and Kashmir centred on five sub-missions for dry fruits, fresh fruits, vegetables, floriculture and minor crops. The plan seeks to raise production, improve quality, strengthen market linkages and expand exports of apple, walnut, almond and saffron through branding, irrigation support, storage and cold-chain infrastructure, grading, packaging, processing, CA storage and high-density plantations.
April 8, 2026
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Ceasefire-driven oil supply relief lifts global stocks as Strait of Hormuz disruption fears ease.
Global markets rallied and crude oil prices fell after a two-week ceasefire eased fears of disruption to shipping through the Strait of Hormuz and the flow of oil from the Persian Gulf. The article notes that uncertainty remained over whether maritime traffic would normalise and whether the truce would last, but the immediate effect was a sharp recovery in stocks, especially energy-sensitive sectors, and lower Treasury yields as inflation concerns eased.
April 8, 2026
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Money-laundering investigation leads to provisional attachment over alleged illegal nightclub operation and forged compliance documents.
Money-laundering investigation under the Prevention of Money Laundering Act concerned a Goa nightclub allegedly operated without mandatory statutory approvals, including the requisite fire no objection certificate and a valid trade licence. The Enforcement Directorate issued a provisional attachment of immovable assets valued at Rs 17.45 crore, stating that the properties were connected with the suspected illegal operation of the establishment and were situated in Goa. The agency alleged that forged documents were used to obtain licences and that revenue from the alleged illegal operation constituted proceeds of crime.
April 8, 2026
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Rupee recovery and unchanged RBI policy reflect easing geopolitical stress, softer crude, and cautious monetary outlook.
The rupee appreciated against the US dollar after easing geopolitical tensions, a softer dollar index and lower crude oil sentiment. The Reserve Bank of India kept the key policy rate unchanged and maintained a neutral stance, assessing the impact of the West Asia conflict on energy supplies, inflation, growth and trade flows. It also projected higher crude oil prices and a weaker rupee for the next financial period.
April 8, 2026
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Repo rate unchanged as geopolitical uncertainty eases and equity markets rally on lower crude prices.
Equity markets rallied sharply after a two-week US-Iran ceasefire, with broad gains across stocks, sectoral indices and market capitalisation. The surge was linked to lower crude prices, reduced geopolitical uncertainty and improved risk sentiment, with comments noting support for inflation, the current account deficit, the rupee and fiscal conditions. The Reserve Bank of India kept the benchmark repo rate unchanged at 5.25 per cent and maintained a neutral stance as policymakers assessed uncertainty from the West Asia conflict, including risks to energy supplies, inflation, growth, trade flows and currency stability.
April 8, 2026
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Banking supervision review confirms no governance concern and no present need for regulatory changes.
Banking sector supervision includes review of board minutes and related records as part of regular oversight. The supervisory review disclosed no governance or conduct-related material issue, and the regulator stated that no change in guidelines is presently considered necessary, though further directions may be introduced if future circumstances require them. Reported fraud incidents were characterised as criminal activity involving colluding individuals, with no present indication of systemic risk or need for a regulatory tweak.
April 8, 2026
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Battery industry transition toward higher-value lithium-ion, energy storage, and low-carbon manufacturing takes center stage at a major exhibition.
China's battery sector is described as shifting from scale toward higher-value lithium-ion products, power batteries, energy storage technologies, smart manufacturing, and lower-emission production. The 18th China International Battery Fair is presented as a major international exhibition covering batteries, materials, manufacturing equipment, system solutions, and recycling applications, with forums on advanced batteries, new energy storage, battery carbon-footprint management, and battery passport themes.
April 8, 2026
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Rupee stability and high-growth reforms frame India's path to developed nation status amid global uncertainty.
The Indian Rupee is expected to stabilise around the 92-93 level against the US dollar, with pressure attributed to global geopolitical headwinds and foreign institutional investor withdrawals. Strong macroeconomic fundamentals, fiscal space, and a comfortable current account deficit are described as supporting currency resilience, while the Reserve Bank of India's decision to keep policy rates unchanged is characterised as appropriate in the prevailing environment.
April 8, 2026
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Crude price correction and ceasefire-led sentiment drive a broad equity rally as the central bank holds policy steady.
Equity benchmark indices rallied sharply as global risk sentiment improved following a temporary US-Iran ceasefire, which triggered a steep correction in crude oil prices and eased concerns over inflation, growth and energy supply disruptions. Broad-based buying across sectors, stronger global markets and a firmer rupee supported the advance, while Indian volatility eased and sectoral indices, mid-cap stocks and small-cap stocks also moved higher. Brent crude fell sharply and Asian and European markets recorded strong gains, reflecting the wider recovery in market sentiment.
April 8, 2026
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Strait of Hormuz supply disruption eases as ceasefire improves tanker movement and steadies India's energy imports.
A conditional ceasefire between the United States and Iran eased pressure on India's energy supplies by lowering crude prices and improving prospects for transit through the Strait of Hormuz. India had earlier reduced LPG and natural gas supplies, then partially restored them as alternative sources were secured, while directing city gas distributors to prioritise piped natural gas connections for commercial users. Shipping authorities aimed to move stranded vessels before resuming trade.
April 8, 2026
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Hydro electric project investment approval strengthens power supply, enables infrastructure development, and provides free power and local area benefits.
Investment approval is granted for construction of the Kalai-II Hydro Electric Project on the Lohit river in Anjaw District of Arunachal Pradesh, with an installed capacity of 1200 MW and an estimated completion period of 78 months. The project is expected to generate annual energy output and to strengthen power supply in the State, assist in peak demand management, and contribute to balancing the national grid. The arrangement provides for 12% free power to the State and an additional 1% earmarked for the Local Area Development Fund.
April 8, 2026
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Hydroelectric project approval strengthens power supply, grid balancing and regional infrastructure development in Arunachal Pradesh.
Cabinet approval was granted for investment in the construction of the Kamala Hydro Electric Project in Arunachal Pradesh through a joint venture between NHPC Limited and the Government of Arunachal Pradesh. The project is intended to generate energy, support power supply and peak demand management, contribute to grid balancing and provide flood moderation benefits, while also including budgetary support for flood moderation and enabling infrastructure. The State is stated to receive free power, a Local Area Development Fund share and wider infrastructure and socio-economic benefits.
April 8, 2026
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Refinery cost revision and equity investment support a greenfield petrochemical complex aimed at energy security and import reduction.
Revision of the project cost for HPCL Rajasthan Refinery Limited at Pachpadra, District Balotra, Rajasthan, has been approved, along with additional equity investment by Hindustan Petroleum Corporation Limited. The project is a 9 MMTPA greenfield refinery-cum-petrochemical complex with 2.4 MMTPA petrochemical production capacity, implemented through a joint venture between HPCL and the Government of Rajasthan. The refinery is intended to support energy and industrial requirements, reduce import dependence, use locally available Mangala crude, and promote India as a refining hub.
April 8, 2026
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Rupee stability and macroeconomic resilience support expectations of steady growth, manageable deficits and appropriate policy rates.
Indian rupee is expected to stabilise around the 92-93 level against the US dollar, after pressure from global uncertainties, geopolitical tensions and foreign institutional investor withdrawals. India's economic resilience, strong macroeconomic fundamentals and fiscal space were described as cushioning the economy against external shocks. The current account deficit was described as remaining manageable, the Reserve Bank of India Monetary Policy Committee's decision to keep policy rates unchanged was described as appropriate, and growth expectations were stated to remain positive.
April 8, 2026
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Monetary policy caution kept the repo rate unchanged as conflict-driven energy and inflation risks weighed on the outlook.
The Reserve Bank of India kept the benchmark repurchase rate unchanged at 5.25 per cent, taking a cautious wait-and-watch stance amid uncertainty over the impact of the West Asia conflict on energy supplies, inflation and growth. The Monetary Policy Committee voted unanimously to retain the status quo, citing higher crude prices, pressure on the rupee and trade disruption.

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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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