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    Rupee rises 26 paise to close at 95.44 against US dollar
    Economy shows resilience to global headwinds with buoyant domestic demand: RBI bulletin
    Goyal promises BIS certification relief for high-tech sector firms
    IICA Conducts inaugural session of 11th Batch of its Certified CSR Professional Programme
    Net Profit of Regional Rural Banks (RRBs) Rises to Record ₹10,176 Crore, Total Business Cross ₹13.5 Lakh Crore in FY 2025-26
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    Economy shows notable resilience despite global headwinds: RBI bulletin
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    Trump says he's considering renaming Lake Ontario as 'Lake America' as trade war with escalates
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    AERA cuts user development fee for domestic, int'l passengers at Hyderabad airport
    Rupee rises 24 paise to close at 95.46 against US dollar
    India pivots to US for LPG, LNG as West Asia crisis disrupts Gulf supplies
    Experts Call for Intelligence-Led Action to Break Cross-Border Illicit Trade Networks at ASIA Security Conference 2026
    How NRIs Can Structure Bank Accounts in India When They Have Both Indian and Overseas Financial Commitments
    Sugar ex-mill prices down 18 pc to Rs 55/kg after import move, curbs on hoarding: Food secretary
    SBI eyes USD 10 bln from NRIs, foreign investors ahead of RBI swap window closure
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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.
August 25, 2026
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Anti-conversion compliance prompts voluntary prayer declarations, alongside food-safety oversight and enforcement against demolition, liquor, and cyber-fraud allegations.
Maharashtra's anti-conversion law has commenced, and churches across the Mumbai Metropolitan Region have sought written self-declarations confirming voluntary prayer attendance without pressure. Food-safety oversight requires cleaning of cricket association eateries before a further inspection. Enforcement matters include investigation into unauthorised shop demolitions allegedly involving misuse of a municipal corporation's name, arrests connected with spurious-liquor manufacture, and a cyber-fraud network allegedly using mule accounts to launder proceeds. A retired High Court judge has been appointed as Lokayukta.
August 25, 2026
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User development fee rationalisation reduces departure charges and links airport cost recovery to commissioned capital projects during the tariff cycle.
Airport tariff regulation for Hyderabad airport fixes reduced User Development Fee for departing domestic and international passengers from 1 September 2026 through 31 March 2031, with rationalised landing charges. The tariff determination applies the incremental Aggregate Revenue Requirement framework, linking airport-charge cost recovery to completion, commissioning and use of identified high-value capital expenditure projects. A variable tariff plan provides landing-charge incentives upon prescribed qualifying conditions, supporting traffic development and route expansion while requiring cost-reflective, transparent and non-discriminatory aeronautical tariffs.
August 25, 2026
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Rupee appreciation reflects weaker dollar, lower crude prices, positive equities, and foreign-exchange inflows through swap facilities.
Foreign-exchange market conditions supported the rupee's appreciation against the US dollar, driven by positive domestic equity markets, a weaker dollar, and declining crude-oil prices. The USD/INR pair remained within a narrow range, with oil-price movements and potential central-bank intervention identified as near-term determinants. A special USD-INR foreign-exchange swap facility covering FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings had mobilised foreign-exchange inflows relevant to currency liquidity.
August 25, 2026
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Energy supply diversification reshapes India's LPG, LNG and crude sourcing amid constrained Gulf availability and higher logistics costs.
India's energy-import sourcing has shifted towards supply diversification as disruption in the Strait of Hormuz constrained traditional Gulf supplies. United States cargoes have become particularly important for LPG and LNG, while procurement has also broadened to Atlantic Basin and other non-traditional suppliers. Diversification increases costs through longer voyages, higher freight, insurance expenses, tighter availability and higher commodity prices, reflecting a premium for supply security. Crude sourcing continues to rely principally on Russia, alongside resilient UAE flows and increased Venezuelan heavy crude imports.
August 25, 2026
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Intelligence-led enforcement against illicit trade requires coordinated data-sharing, risk profiling, digital accountability and disruption of organised supply networks.
Cross-border illicit trade enforcement should move beyond isolated seizures to intelligence-led disruption of organised criminal networks. Risk-based profiling, predictive analytics, container scanning and shipment-data analysis should support targeted action against misdeclaration, port-hopping, concealment and digital distribution. Right holders should share specific intelligence with customs targeting mechanisms, and goods entering Domestic Tariff Areas from warehousing and special economic zones require enhanced examination. Digital enforcement should trace suppliers, financial flows, data trails and small-parcel movements, supported by coordinated feedback between online marketplaces, police and customs.
August 25, 2026
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NRI banking account segregation aligns overseas earnings, domestic income, foreign-currency savings, remittances, and borrowing with cross-border commitments.
NRI banking arrangements require segregation of overseas earnings, India-sourced income, savings, remittances and expenditure after residential status changes. An NRE account holds overseas income remitted to India, with interest exempt from income tax in India. An NRO account is intended for Indian income, including rent, dividends and pension, while FCNR deposits retain funds in a chosen foreign currency. A structured arrangement can align these accounts with domestic obligations, overseas spending, remittances, investments and compliant digital banking access.
August 25, 2026
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Sugar import authorisation and anti-hoarding controls aim to moderate ex-mill prices amid adequate domestic stocks.
Raw sugar imports were permitted, while stock limits were imposed on bulk consumers. States were directed to strengthen inspections, and nationwide flying squads were deployed to identify hoarding and speculative conduct. These measures target sugar availability and distribution across wholesale and retail channels. Ex-mill prices declined following the measures, although wholesale and retail prices had not yet reflected the reduction.
August 25, 2026
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Foreign-currency swap window closure focuses non-resident deposit mobilisation, while ECB hedging support continues for public-sector borrowers.
RBI's concessional Foreign Currency Non-Resident Bank deposit swap window closes on August 31, replacing the previous September 30 cut-off. Separately, the special US dollar-rupee foreign-exchange swap window remains available until December 31, 2026, providing concessional currency-hedging support to public sector undertakings raising external commercial borrowings. SBI expects to mobilise predominantly through deposits from non-resident Indians and foreign investors, with external commercial borrowings also visible.
August 25, 2026
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Industrial power tariff revision applies only within the shared distribution area, while steel producers seek rollback and fuel supply support.
Industrial electricity tariff revision is proposed from 1 September for 33 KV and 11 KV consumers within the Damodar Valley Corporation command area. The increase is confined to the shared distribution-licence area, while a separate and higher tariff structure applies outside it. Steel and sponge-iron industry associations oppose the revision on the basis that it will raise energy costs and affect investment conditions. They seek withdrawal of the increase and request continuing supplies of high-grade coal and iron ore for sponge-iron production.

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FROM AI EXPERIMENTATION TO AI EXECUTION: NEWGEN INTRODUCES THE ENTERPRISE ORCHESTRATION LAYER

May 21, 2026

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~NewgenONE enables enterprises to orchestrate workflows, decisions, content, communications, and AI into a single governed execution layer~ NEW DELHI, May 21, 2026 /PRNewswire/ -- Newgen Software, a global leader in intelligent enterprise orchestration, today reinforced its vision for the NewgenONE platform in India under its new brand positioning: 'Ahead of What's Ahead.' Newgen Logo Built for the AI era, NewgenONE enables enterprises to orchestrate workflows, content, communications, decisions, and AI agents into a single governed execution layer designed for continuously adaptive, intelligent operations. While most enterprises are experimenting with AI in isolated functions, Newgen is enabling organizations to operationalize AI at enterprise scale with governance, compliance, and real-time intelligence built in. "AI is everywhere today, but enterprise execution is still fragmented," said Virender Jeet, CEO, Newgen Software. "Most organizations are still stitching together workflows, decision engines, content systems, communications platforms, and AI models through integrations that were never designed to operate as one intelligent system. At Newgen, we are building for the agentic enterprise. We believe the future enterprise will operate through orchestrated intelligence, where AI agents, workflows, decisions, content, and people function as one continuously adaptive system. Our roadmap is focused on helping enterprises move from automation to governed autonomy, responsibly and at scale." The Enterprise AI Problem Across banking, insurance, healthcare, and government, enterprises are deploying AI rapidly, but operational complexity continues to grow. Organizations today manage separate platforms for workflows, content management, communications, compliance, decisioning, and AI. The result is fragmented operations, integration debt, governance blind spots, and disconnected customer experiences. Newgen addresses this challenge through orchestration. Rather than adding AI as a disconnected layer, NewgenONE embeds intelligence directly into enterprise execution, enabling workflows, decisions, communications, content, systems, and AI agents to operate as a unified, governed environment. ONE Platform. Full Enterprise Execution. Unlike traditional platforms that automate only one layer of enterprise operations, NewgenONE orchestrates the complete enterprise execution stack. Layer Traditional Platforms NewgenONE Workflows Automate tasks in isolation Connect workflows across enterprise functions Processes Manage steps within silos Orchestrate end-to-end execution Decisions Apply static rules Embed AI-driven decisioning throughout operations Communications Operate separately from workflows Integrate communications into live execution Enterprise AI Exists as disconnected copilots Operates as governed enterprise intelligence This enables enterprises to move from fragmented automation to continuously adaptive operations. For financial institutions, this means: • Mortgage applications that move from submission to sanction through intelligent orchestration • Trade finance operations where verification, compliance screening, approvals, and communications operate in one coordinated flow • Customer onboarding journeys where KYC, eligibility, risk scoring, and activation happen simultaneously through AI-coordinated execution The Roadmap Beyond Automation Newgen also outlined its innovation roadmap focused on Agentic AI, governed enterprise autonomy, semantic enterprise intelligence, and continuously learning operational systems built natively into the NewgenONE platform. Upcoming platform innovations include: • AI agents coordinating across workflows, decisions, content, and communications within enterprise guardrails • MCP-based Tool and Service Generation capabilities exposing enterprise services and APIs as governed AI-consumable tools • Semantic enterprise memory through Content ORB, grounding AI decisions in verified enterprise knowledge • Industry-trained AI models for banking, insurance, healthcare, and government • Continuously learning orchestration systems where workflows evolve dynamically through enterprise feedback loops • Advanced banking and insurance intelligence including telematics-based risk scoring, underwriting optimization, fraud intelligence, and predictive operational orchestration Newgen's long-term vision is to help enterprises transition from isolated automation initiatives to intelligent operating systems that continuously adapt in real time. Built for the Regulated Enterprise NewgenONE is architected with auditability, explainability, compliance, and human oversight built directly into the orchestration layer. Every AI-led action is traceable. Every workflow deviation is logged. Every recommendation can be explained for auditors, regulators, and enterprise stakeholders. The platform enables organizations to scale AI responsibly while maintaining operational trust. Real-World Enterprise Impact Newgen customers across more than 200 financial institutions globally are already seeing: • Up to 70% reduction in loan processing cycles • 85%+ straight-through processing rates in trade finance operations • Significant reduction in compliance exceptions through embedded AI-driven policy enforcement • Faster rollout of new products through low-code orchestration capabilities "For the last decade, enterprises focused on digitization. The next decade will be defined by Intelligence," said Runki Goswami, Chief Marketing Officer, Newgen Software. "Ahead of What's Ahead is more than a brand positioning for us. It reflects the mindset enterprises now need to adopt in the AI era, where success will depend on how intelligently organizations can adapt, decide, automate, and evolve in real time. At Newgen, we call this Orchestrating Intelligent Enterprises. It is the ability to bring together AI, workflows, content, communications, systems, and people into one continuously learning enterprise fabric. We believe this will define the next generation of enterprise leadership." The Future of Enterprise Operations Over the coming platform releases, Newgen will continue expanding its orchestration layer with industry-trained AI agents, autonomous decisioning capabilities, semantic enterprise memory, predictive operational intelligence, and low-code agent composition tools, enabling enterprises to build intelligent systems that continuously evolve in real time. Newgen believes the future belongs to enterprises that can combine intelligence, execution, governance, and adaptability into one continuously learning operational fabric. NewgenONE is built for that future. About Newgen Software Newgen Software Orchestrates Intelligent Enterprises at scale. The NewgenONE platform unifies content, processes, communications, decisions, and AI into a governed orchestration layer where intelligence is embedded into how enterprises operate. Decisions, workflows, communications, and AI agents evolve continuously in real time through a trusted execution environment designed for the autonomous enterprise. Trusted by leading organizations worldwide, Newgen enables enterprises to move from AI experimentation to AI execution securely, intelligently, and at scale. Logo: https://mma.prnewswire.com/media/2106118/5982384/Newgen_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 PWR

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