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    India successfully concludes the 16th BRICS Trade Ministers' Meeting in Jaipur under its BRICS Chairship 2026
    GeM Completes a Decade of Transforming Public Procurement with Cumulative GMV Exceeding ₹20 Lakh Crore
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August 7, 2026
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Multilateral trade cooperation preserves developing economies' policy space while advancing MSME finance, diversified value chains and digital services.
BRICS ministers adopted measures supporting a development-centred multilateral trading system with the World Trade Organization at its core, preservation of Special and Differential Treatment, binding two-tier dispute settlement, and developing economies' policy space for food security and public stockholding. MSME measures include study of an invoice discounting mechanism and credit-assessment principles focused on cash flow rather than collateral. Value-chain measures provide for a GVC Action Plan, technical cooperation, Special Economic Zone cooperation and digitised trade documents, alongside principles for trusted cross-border digitally delivered services.
August 7, 2026
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Digital public procurement promotes transparent sourcing, reduced seller charges, competition monitoring and evidence-based spending oversight through an integrated marketplace.
Government e-Marketplace digitises public procurement through a unified platform promoting transparency, efficiency, good governance and wider supplier participation. Seller-facing measures include reduced transaction charges, exemption of smaller orders, a cap on maximum transaction fees and reduced vendor assessment fees. The platform uses Artificial Intelligence and Machine Learning tools to identify suspected cartelisation, collusion and order splitting, while its digital transactional trail supports expenditure monitoring, identification of inefficiencies and evidence-based policy interventions.
August 7, 2026
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Criminal justice, extremist-material regulation and administrative schemes feature in reports on prosecutions, demolition practices, loan waivers and fuel policy.
Criminal justice reports cover bail and an expedited trial in an assault prosecution, arrest for allegedly sheltering an accused, allegations of rape and murder of a minor, and claimed irregularities in a police recruitment examination. Regulatory developments include a ban on extremist literature associated with proscribed organisations and judicial disapproval of coercive demolition. Administrative coverage includes farmer loan-waiver transfers following Aadhaar authentication and debate over the E20 fuel-blending programme.
August 7, 2026
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Foreign exchange reserves rose as foreign currency assets, gold holdings, Special Drawing Rights and IMF reserve position increased.
India's foreign exchange reserves increased during the week ended July 31, principally because of higher foreign currency assets and gold reserves. Foreign currency assets include US dollar valuation effects arising from movements in currencies such as the euro, pound and yen. Special Drawing Rights and India's reserve position with the International Monetary Fund also increased. The movement followed measures to attract foreign exchange inflows, including an FCNR(B) measure, after earlier reserve declines associated with rupee pressure and dollar sales for foreign exchange market intervention.
August 7, 2026
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Farm loan waiver eligibility depends on verified beneficiary status and Aadhaar authentication for direct credit of eligible crop-loan relief.
The farm loan waiver scheme covers eligible short-term crop loans within the prescribed ceiling and eligibility period. Waiver amounts are credited to verified bank accounts after field verification and completion of Aadhaar authentication. Aadhaar authentication is the operative condition for automatic processing of benefits, while eligibility rules and technical conditions have raised concerns about exclusion of distressed farmers.
August 7, 2026
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Corporate agency distribution expands access to life insurance products, supporting insurance awareness, financial inclusion and long-term household financial protection.
A corporate agency arrangement enables J&K Bank to distribute SBI Life Insurance protection, savings, retirement and child-oriented life insurance plans through its branch network. The partnership aims to improve insurance access, awareness, financial literacy and long-term financial planning for households, particularly in Jammu & Kashmir and Ladakh. It is intended to expand insurance penetration, strengthen household financial protection and support financial inclusion in line with the IRDAI vision of "Insurance for All by 2047".
August 7, 2026
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Cross-border smuggling controls target narcotics, poppy seeds and areca nuts entering through the Indo-Myanmar border region.
Cross-border smuggling enforcement targeted methamphetamine, foreign-origin poppy seeds and areca nuts allegedly brought from Myanmar. Methamphetamine concealed in an ambulance was seized under the NDPS Act, 1985. Poppy seeds and areca nuts recovered in separate operations were seized under the Customs Act, 1962. Poppy-seed imports are restricted to designated countries and require registration to ensure traceability and prevent illicit produce entering legitimate supply chains. The enforcement action addresses circumvention of customs controls and regulated import requirements.
August 7, 2026
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Direct benefit transfer for welfare pensions replaces cooperative-bank doorstep delivery, while retaining limited home service for excluded beneficiaries.
Direct Benefit Transfer for social security and welfare pensions is to be made through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep delivery. Home delivery remains available for bedridden persons and others who cannot be excluded. The change is associated with delays in remitting undistributed amounts, record-update failures, reconciliation issues, duplicate payments, and incomplete Aadhaar-based payment implementation. Concerns have been raised that mandatory bank-account credit may disadvantage beneficiaries dependent on doorstep delivery.
August 7, 2026
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Direct Benefit Transfer for welfare pensions replaces doorstep cooperative-bank delivery, while home delivery remains for bedridden beneficiaries.
Direct Benefit Transfer of social security and welfare pensions is to be made mandatory through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep distribution. Home delivery continues for completely bedridden beneficiaries and others who cannot be excluded. The change addresses delays in remitting undistributed amounts, record-update and reconciliation deficiencies, duplicate payments linked to incomplete Aadhaar-based payments, delivery incentive costs, and the need to comply with Direct Benefit Transfer norms to avoid loss of central financial assistance.
August 7, 2026
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Customs trade data show moderating July growth while high-technology exports, vehicles and advanced manufacturing supplies remain strongly supported.
Customs and trade data showed that China's July export and import growth moderated and its trade surplus narrowed from the preceding month. Typhoon-related port disruptions affected trade flows, but demand for electronics and green technology products supported elevated values. High-technology items, vehicles, electronics and machinery recorded strong January-July export growth, while trade performance varied among the United States, the European Union and Southeast Asia.
August 7, 2026
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BRICS industrial cooperation advances MSME, photovoltaic, startup and logistics frameworks alongside resilient trade and digital services collaboration.
BRICS industrial cooperation under PartNIR was strengthened through a Joint Declaration and institutional measures addressing MSMEs, photovoltaics, startup-led innovation, and resilient transport and logistics. The measures include an SME cooperation framework, Terms of Reference and an Action Plan for photovoltaic industry cooperation, and a startup innovation action plan. Trade discussions focused on the multilateral trading system, MSME participation in international trade, resilient global value chains, and cross-border digitally delivered services within a rules-based trading framework.
August 7, 2026
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Certified organic export promotion: BIOFACH INDIA facilitates buyer-seller engagement, certification awareness, traceability discussions and international market access.
BIOFACH INDIA 2026 promotes certified organic exports by providing a platform for Indian organic enterprises to showcase diverse certified products and engage with overseas buyers through structured Buyer-Seller Meets. Technical sessions address organic certification, traceability, sustainability, quality standards, international regulatory requirements and export-market expectations. The initiative supports quality assurance, international market access, export linkages and sustainable agricultural practices across the organic value chain.
August 6, 2026
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Device-based loan recovery restrictions protect essential mobile functions while permitting gradual locking only for lender-financed devices.
Technology-based recovery mechanisms cannot restrict or disable a borrower's mobile device unless the bank financed acquisition of that device. Where permitted, banks must adopt a gradual approach and preserve essential functions, including incoming calls, SMS access, and emergency SOS features. Regulated entities and service providers must obtain manufacturer or operating-system certification for device-locking technology. Disclosure of borrower or guarantor information to recovery personnel must be limited to what is necessary for loan-recovery duties.
August 6, 2026
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Bilateral trade agreement negotiations should secure tariff certainty, protect key exports, strengthen supply chains, and support vulnerable small industries.
An early Bilateral Trade Agreement is proposed to protect Indian interests, secure tariff exemptions for key exports, reduce barriers affecting industrial products, and create predictable trade conditions. Recommended measures include financial and export-credit support for small industries, real-time monitoring of customs requirements, documentation assistance, and timely policy support against tariff and non-tariff barriers. Export strategy should develop knowledge services and critical supply-chain integration, while a National Fund should assist suppliers with redesign, tooling, certification and entry into new global supply chains.
August 6, 2026
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Ethanol imports for fuel blending remain excluded from trade commitments, with domestic producers continuing to supply the blending programme.
Ethanol imports for fuel blending remain outside concessions or commitments in India-US trade discussions. Under the Ethanol Blended with Petrol Programme, ethanol procurement is governed solely by domestic policy requirements and is sourced entirely from domestic producers. Claims of existing or intended large-scale ethanol imports from the United States for fuel blending, or of a policy change permitting them, are stated to be baseless.
August 6, 2026
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Domestic ethanol sourcing for fuel blending continues unchanged, with no import commitments or concessions involving United States ethanol.
Ethanol used for fuel blending under the Ethanol Blended with Petrol Programme is sourced entirely from domestic producers, with no imports from the United States for that purpose. No concessions or commitments on importing United States ethanol for fuel blending have been made in trade discussions. Fuel blending and ethanol procurement continue to be governed solely by domestic policy requirements, and claims of a policy change allowing large-scale imports are incorrect.
August 6, 2026
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Patent and trade marks agent qualification examinations require written-paper minimums, aggregate passing scores, and viva voce assessment for registration.
Patent and trade marks agent examinations comprise an objective Paper I, a descriptive Paper II and a viva voce assessing suitability to practise before the Intellectual Property Office. Candidates must secure the stipulated minimum marks in each written paper and the required aggregate score to pass. Registration in the relevant Register of Patent Agents or Register of Trade Marks Agents is available only to candidates who satisfy all prescribed eligibility conditions and qualify the examination.
August 6, 2026
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Draft NBFC credit-facilities amendments open for stakeholder consultation through designated online and email feedback channels.
Draft amendments to the Non-Banking Financial Companies credit-facilities framework have been released for public consultation. Regulated entities and other interested stakeholders may submit comments or feedback through the 'Connect 2 Regulate' platform or by email using the specified subject line.
August 6, 2026
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Mandatory jute packaging reservations were urged to protect cultivators, mill workers, crop absorption, and environmentally sustainable packaging.
Mandatory jute packaging reservations were sought to be retained at full coverage for foodgrains and increased for sugar packaging for the forthcoming Jute Year. The submission before the Standing Advisory Committee emphasised absorption of bumper jute output, remunerative prices for cultivators, uninterrupted mill operations, and protection of farm and worker livelihoods. It also stressed that biodegradable jute bags offer an environmentally friendly alternative to HDPE and polypropylene woven sacks, and that dilution of compulsory packaging could undermine plastic-pollution reduction efforts.
August 6, 2026
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NBFC Upper Layer classification imposes enhanced regulation and listing obligations, while de-registration applications remain under examination.
NBFC Upper Layer classification subjects identified large non-banking financial companies to enhanced regulatory requirements for at least five years and requires stock-exchange listing within three years of identification. The framework divides NBFCs into Base, Middle, Upper and Top Layers. Seventeen large NBFCs were included in the Upper Layer list, while Tata Sons' classification remains subject to the pending examination of its de-registration application.

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Chandigarh University Provides In-House Training for Civil Services, Defence, Management, Banking & PSUs

August 24, 2026

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The Department of Career Planning & Development (DCPD) at CU Advances Students' Career Readiness through Preparation for Competitive Exams Including UPSC, SSC-CGL, Bank PO, GATE, CAT, CDS, UGC-NET, GRE, GMAT and IELTS
CHANDIGARH, India, Aug. 24, 2026 /PRNewswire/ -- As the higher education and employment environment in the country becomes increasingly competitive, the traditional equation of a university degree followed by campus placement is gradually getting replaced by a more diversified approach to the preparation for careers across domains. Competitive examinations and entrance tests have become important avenues to some of the country's most aspirational careers varying from UPSC for Civil Services, SSC and Bank PO for government and public sector jobs, GATE for Engineering and PSU opportunities, CAT for premier management education, CDS for defence services, UGC-NET for teaching and research and GRE, GMAT and IELTS for international higher education. This shift in turn has been prompting universities across the nation to look beyond conventional employability and connect academic learning with specific career goals and professional opportunities.




Anticipating this shift, Chandigarh University (CU) is responding to this changing demand by extending its career-development initiatives beyond regular placements with leading MNCs and top Indian and global firms. The Department of Career Planning & Development (DCPD) at CU offering career-oriented courses, competitive examination preparation, expert guidance and exposure to diverse professional opportunities spanning Civil Services, government and PSU jobs, management, defence, teaching, research and international higher education among others. By bringing exam-specific preparation, expert guidance and mentorship, and relevant resources closer to the aspiring students, Chandigarh University empowers them to pursue their career goals alongside their academic journey.


Civil Services: CU Builds a Strong Foundation for UPSC Aspirants
Civil Services still remains among the most sought-after career choices for students who want to serve the nation with the UPSC Civil Services Examination demanding extensive preparation, current-affairs awareness, analytical ability and strategic readiness. Open to graduates from any discipline, this examination offers an opportunity to pursue a career in public administration and nation-building. Chandigarh University's approach goes beyond examination preparation, with CU aiming to develop a premier platform for UPSC aspirants on campus, combining academic learning, expert mentorship, targeted workshops and relevant preparation resources. During 2024-25, CU-DCPD conducted 45 Civil Services workshops, offering students deep insights into the examination pattern, preparation strategies and experiences of eminent civil servants. CU organised a Civil Services preparation workshop on April 17, 2026, featuring Gaurav Krishna, Senior Officer of the Indian Railway Traffic Service (IRTS). Alongside such initiatives, DCPD offers 1.5-year and 3-year UPSC programmes, enabling students to do informed preparation for the competitive examination.


Preparing Students for Government, Public Sector and Banking Careers
The government and public-sector jobs continue to attract graduates with SSC-CGL and Bank PO being among the prominent competitive examinations. DCPD offers dedicated preparation in quantitative aptitude, reasoning, English, general awareness and examination strategy that enable students to prepare alongside their academic programmes. The programmes are relevant for graduates from diverse disciplines, subject to the respective examination eligibility criteria, helping them pursue career opportunities in government departments and the banking sector.


Equips Engineering Students for Higher Studies and PSU Careers through GATE
For engineering students aspiring to pursue advanced technical education or take up jobs in leading PSUs in the country, GATE is certainly the most important steppingstone that opens opportunities for M Tech, M. E. and direct Ph.D. programmes at premier institutes such as IITs, NITs and IIITs as well as PSU recruitment, subject to respective criteria. Organisations such as ONGC, NTPC, BHEL, DRDO and ISRO have offered GATE-linked opportunities for specific roles. It is through its dedicated GATE preparation programme, CU equips students to prepare alongside their degree, with specialised academic inputs and regular preparation. The programme is open to students from eligible disciplines, including B.E./B.Tech, B.Arch, B.Sc., BCA, B.Com and B.A., subject to prevailing GATE eligibility criteria.


Management: Opening Doors to IIMs, Premier B-Schools through CAT Preparation
Management education remains a major aspiration for graduates seeking careers in business, leadership and entrepreneurship domains with CAT serving as a key entrance examination for admission to the IIMs and other premier management institutions across the country. Success in this domain requires proficiency in quantitative ability, data interpretation, logical reasoning, verbal ability and reading comprehension.


Through expert-led CAT, GRE and GMAT seminars and dedicated CAT preparation, CU is helping its students understand examination patterns, preparation strategies, time management, resource selection and performance improvement, empowering them to approach management entrance examinations with greater clarity and confidence. The programme is aimed at eligible undergraduate and graduate students (BA, B.Com, BBA, BCA, B. Tech/BE, B.Sc.) aspiring to pursue MBA and postgraduate management programmes with admission eligibility subject to prevailing CAT and individual institute criteria.


Nurturing Future Armed Forces Leaders for the Nation
For students aspiring to serve in the armed forces, the Combined Defence Services (CDS) examination provides a platform towards officer-level opportunities which is subject to applicable eligibility and selection requirements. CU's CDS preparation programme extends its career-development initiatives to defence services, providing students with an opportunity to undergo a focused preparation for a career that demands academic competence, hard work, discipline and leadership.


Preparing Students for Global Academic Opportunities
The growing interest in postgraduate and doctoral education abroad has caught the fancy of many for decades now and it continues to do so even today which in turn has increased the relevance of GRE, GMAT and IELTS.


Through dedicated preparation and expert-led seminars, CU helps its students understand examination patterns, preparation strategies, resource selection and time management. CAT, GRE and GMAT seminars provide students with expert insights to strengthen their readiness for premier management institutions and higher academic opportunities overseas.


Nurturing Future Academics and Researchers
The career preparation at CU extends to teaching and research with UGC-NET serving as an important examination for making a career in the field of academics. Through UGC-NET Paper 1 preparation, CU-DCPD supports aspiring students to pursue careers in the domains of teaching and research.


About Chandigarh University
Chandigarh University is a NAAC A+ Grade University and QS World Ranked University. This autonomous educational institution is approved by UGC and is located near Chandigarh in the state of Punjab. It is the youngest university in India and the only private university in Punjab to be honoured with A+ Grade by NAAC (National Assessment and Accreditation Council). CU offers more than 109 UG and PG programs in the field of engineering, management, pharmacy, law, architecture, journalism, animation, hotel management, commerce, and others. It has been awarded as The University with Best Placements by WCRC.


Website address: https://www.cuchd.in/
(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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