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    DFS Concludes Two-Day Workshop on Enhancing Accessibility of Financial Services for Divyangjans
    National Financial Reporting Authority (NFRA) conducts sixth outreach programmes with focus on small and medium auditors under the theme “Creating a...
    CCI imposes monetary and non-monetary sanctions on Agro Input Dealers Association, Agro Input Welfare Association for indulging in anti-competitive co...
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August 22, 2026
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Financial accessibility for Divyangjans requires compliance standards, practical implementation measures and stronger institutional capacity across financial services.
Accessibility of financial services for Divyangjans was examined through a workshop focused on public sector banks, insurance companies, regulators and public financial institutions. Discussions covered accessibility standards, compliance requirements, legal provisions, practical implementation challenges and institutional best practices under the Sugamya Bharat initiative. Participants considered operational measures to strengthen institutional capacity, inclusivity and equitable access to financial services.
August 22, 2026
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Audit quality enhancement for small and medium auditors emphasises technology, global standards, inspection insights and stronger financial reporting.
Audit quality and financial reporting reliability were the focus of NFRA's outreach programme for small and medium audit firms. The programme promoted professional capacity-building, alignment with contemporary global standards, adoption of appropriate audit technology, and the public-interest role of the accountancy profession. Technical sessions covered audit strategy documentation, risks of material misstatement, and practical lessons from audit-firm oversight to support improved day-to-day audit practice and high-quality financial reporting.
August 22, 2026
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Cartelisation by agro-input dealer associations attracted monetary sanctions, cease-and-desist directions, and mandatory competition-compliance training for responsible officials.
Cartelisation by the two agro-input dealer associations and named individuals contravened Section 3(3)(b) read with Section 3(1) of the Competition Act, 2002. Monetary sanctions were imposed, and association office-bearers were held liable under Section 48. The parties and liable officials were directed to cease and desist from future anti-competitive conduct and to organise competition-compliance training to promote awareness and compliance within the associations.
August 22, 2026
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Circular economy partnerships promote resilient value chains, resource efficiency and sustainable growth alongside evolving India-EU trade integration.
India-Finland circular economy cooperation is being developed through business, technology, investment and commercial partnerships supporting resource-efficient and sustainable growth. Discussions focused on competitive and resilient value chains based on circularity, traceability, resource efficiency and sustainable business practices. Circular economy principles extend beyond waste management into product design, value chains, resource use, skills development and new business models. The India-EU free trade agreement remains subject to legal review and formal ratification and is not yet in force.
August 22, 2026
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Bid rigging through pre-bid exchange of sensitive price information attracted penalties and cease-and-desist directions in tyre procurement.
Bid rigging in tyre procurement was established where Rekha Agencies and SS Marketing exchanged commercially sensitive price-bid information before submitting bids for the Himachal Pradesh Tender 2013. The concerted conduct contravened the prohibition on anti-competitive agreements and bid rigging. Monetary penalties and cease-and-desist directions were imposed on both enterprises. An official of Rekha Agencies was also penalised for liability arising from the contravention, while proceedings against the official of SS Marketing stood abated following his death.
August 22, 2026
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Import tariffs on Canadian products trigger potential retaliatory levies after bilateral negotiations fail to reach agreement.
Import tariffs on Canadian products are set to be imposed by the United States at a 50% rate after bilateral negotiations did not produce an agreement. The measures cover products including hockey sticks and tongue depressors and affect a limited share of Canada's annual exports to the United States. Canada has indicated possible retaliatory levies, intensifying the bilateral trade dispute.
August 21, 2026
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Rupee exchange-rate movement reflected geopolitical tensions, crude oil conditions and market intervention, while export payment rules expanded rupee invoicing.
Foreign Trade Policy amendments facilitate export invoicing and receipt of payments in Indian rupees. For exports to countries outside the Asian Clearing Union, export contracts and invoices may be denominated in Indian rupees or any foreign currency. The earlier general requirement that export earnings be received in a freely convertible currency is thereby eased, while applicable rules continue to vary according to destination.
August 21, 2026
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Non-controlling land-bordering country ownership permits eligible foreign investment through the automatic route, subject to sectoral conditions and reporting.
Foreign direct investment may use the automatic route where non-controlling beneficial ownership from a land-bordering country in the investor entity does not exceed 10%, subject to sectoral caps, entry routes and other applicable conditions. The beneficial ownership test applies at the investor-entity level. Eligible investors need not obtain separate prior Government approval after reporting relevant information to the Government. The framework replaces the earlier approval requirement applicable even to minimal beneficial ownership from land-bordering countries.
August 21, 2026
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Climate-resilient urban water security modernises Chennai's supply and sanitation systems through ring-main infrastructure, digital monitoring, and safer sewer operations.
Chennai Climate-Resilient Water Security and Sewerage Project modernises and expands water supply and sanitation infrastructure through a loan arrangement between the Government of India and the Asian Development Bank. Measures include new pipelines, upgraded pumping stations, performance-based utility operations, and a comprehensive ring-main system to improve water-pressure balance, distribution efficiency, reliability and climate resilience. Digital monitoring and advanced blockage-detection technology are intended to improve operational decisions, customer responsiveness and worker safety while eliminating hazardous manual sewer inspections.
August 21, 2026
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Capacity-based taxation targets undeclared pouch-packing machinery used for clandestine pan masala and tobacco production and untaxed clearances.
Capacity-based taxation of pan masala and specified tobacco products is determined by the number, type and capacity of installed pouch-packing machines. Searches at interconnected manufacturing and trading premises detected unregistered operations using undeclared machinery for clandestine manufacture and clearance of pan masala, scented jarda and gutkha without payment of GST, HSNS cess and central excise duty. Finished goods, raw materials, packing materials and machinery were seized. The manufacturing firm's proprietor was prima facie identified as managing the operation and was arrested under the applicable cess and central excise laws.
August 21, 2026
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Technology risk oversight requires Urban Co-operative Banks to retain accountability while building shared and role-specific capabilities.
Urban Co-operative Banks must strengthen digital and risk-management capabilities as technology dependence exposes them to cyber threats, fraud, service-provider failures and common-platform vulnerabilities. Outsourcing critical systems does not transfer the bank's responsibility for oversight, safeguards and continuity. Boards and senior management must retain sufficient knowledge to supervise external providers effectively. Mission SAKSHAM supports role-specific, continuous capability building through physical and online learning, while collective infrastructure and shared expertise can supplement individual institutional capacity.
August 21, 2026
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Foreign exchange market modernisation prioritises delegated decisions, customer transparency, digital workflows, local-currency settlement and accountable risk management.
Foreign exchange market modernisation advances a facilitative, principles-based framework based on delegated decision-making by Authorised Dealers, risk-based reporting, and customer-centric service standards. Authorised Dealers must apply clear internal policies, avoid unnecessary documentation, disclose charges, timelines and grievance mechanisms, and ensure consistent treatment of comparable transactions. Local-currency settlement requires viable trade corridors, competitive hedging, correspondent relationships and robust AML/CFT controls. Digital workflows, electronic trading and reporting infrastructure should improve transparency and resilience, while automated tools remain subject to explainability, review and data-protection safeguards.
August 21, 2026
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Sugar price containment measures restrict stockholding, permit duty-free imports, and strengthen inventory verification to deter hoarding.
Sugar price containment measures include stock limits for dealers, consumption-based inventory restrictions for bulk consumers, duty-free raw sugar imports, and physical verification of mill stocks to prevent hoarding and artificial scarcity. Price increases are attributed to lower domestic output, festive demand, crop damage, tighter global supplies, and speculation rather than sugar diversion for ethanol. Earlier crushing is advised to improve seasonal availability, while the ethanol programme supports management of sugar surpluses, mill liquidity, and timely sugarcane payments.
August 21, 2026
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Cross-border insolvency enforcement constrains asset recovery as Evergrande liquidation, founder asset confiscation, and audit-related claims continue.
Evergrande's insolvency process involves liquidation proceedings for its mainland property-development unit and its Hong Kong-listed holding company. Cross-border recovery is constrained by separate Hong Kong and mainland China legal systems, particularly because most operational assets are located in mainland China. Liquidators are pursuing asset-tracing and recovery measures against the founder and connected persons, as well as claims concerning pre-collapse audits. Investigations identified revenue overstatement through manipulated financial data. Creditor recoveries are expected to be limited due to substantial liabilities and constraints on asset realisation.
August 21, 2026
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Foreign exchange reserves rose through higher currency assets and gold holdings amid measures to attract external forex inflows.
India's foreign exchange reserves increased during the reporting week, led by higher foreign currency assets and gold reserves. Foreign currency assets include the dollar-value effects of movements in non-US currencies held as reserves. Special drawing rights declined marginally, while the reserve position with the International Monetary Fund increased marginally. Concessional swap arrangements formed part of measures to attract foreign-exchange inflows, while earlier reserve movements were linked to rupee pressure and dollar-sale intervention in the foreign-exchange market.
August 21, 2026
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Incremental tariff recovery aligns airport user charges with completed infrastructure, preventing passengers from funding non-operational capital projects prematurely.
User development fees and airport tariffs for Bengaluru International Airport have been revised for the April 2026 to March 2031 control period. The incremental Average Revenue Requirement framework excludes costs of identified high-value capital projects from tariffs until the relevant assets are completed, commissioned and available for users. Incremental tariff recovery may begin only upon operational availability, aligning charges with infrastructure use, reducing premature recovery risk for passengers and airlines, and encouraging timely completion of major capital works.
August 21, 2026
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Customer experience analytics enables banks to convert real-time feedback into operational improvements across high-value customer journeys.
Customer experience analytics is used in banking to transform customer data and real-time feedback into operational improvements across key customer journeys. Operational teams retain responsibility for strategy and execution, supported by in-house analytics and technology platforms for multi-channel journey mapping, journey analytics and prioritisation of high-value customer segments. AI-driven customer experience management tools capture customer signals, analyse journey performance and operationalise actionable insights across teams.
August 21, 2026
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Predicate-offence dependency limits retrospective addition of old FIRs to preserve money-laundering proceedings after the original scheduled offence is closed.
Predicate-offence dependency under the Prevention of Money Laundering Act requires an ECIR to rest on a subsisting scheduled offence. Closure of the FIR forming its basis through an accepted cancellation report prevents continuation of money-laundering proceedings unless that closure is overturned. A previously registered FIR cannot be belatedly added merely to preserve an existing ECIR and coercive powers. Where statutory requirements are met, an independently registered ECIR may be required. Expansion of an ECIR cannot rest solely on tenuous factual links between successive disputes.
August 21, 2026
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Indian rupee export invoicing rules now permit overseas contracts and invoices in rupees or foreign currency for eligible destinations.
Foreign Trade Policy provisions were amended to facilitate invoicing of overseas exports and receipt of export payments in Indian rupees. For exports to countries outside the Asian Clearing Union, export contracts and invoices may be denominated in Indian rupees or any foreign currency, replacing the earlier general requirement that export earnings be received in a freely convertible currency. The applicable requirements vary according to the destination country.
August 21, 2026
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Dealer inventory financing supports working-capital flexibility, vehicle inventory management and electric-vehicle network expansion for authorised dealers.
Dealer inventory financing is to be provided by Federal Bank to VinFast India's authorised dealer network under a memorandum of understanding. The tailored financing is intended to improve dealers' working-capital flexibility, support maintenance of vehicle inventory, strengthen operational capability, and enable timely response to demand as the electric-vehicle distribution network expands.

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Ember Unveils SuperPan, Creating a New Category of Uncoated, Non-Stick Titanium Steel Cookware

September 9, 2026

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Powered by patent-pending NanoFusion technology, SuperPan introduces TitaniumSteel- a new material that delivers naturally non-stick performance without PTFE, PFAS or any synthetic coating Bangalore, Karnataka, India (NewsVoir) Ember, India’s premium kitchenware brand, and pioneer of the country’s non-toxic cookware movement, today announced the launch of SuperPan- its third proprietary material innovation and the brand’s most ambitious engineering breakthrough to date.

Ember SuperPan Following the success of Arcilla, its category-defining ceramic technology, and TitaniumClad, its enamelled cast iron innovation, Ember now turns its focus to stainless steel. SuperPan introduces TitaniumSteel, a new material, powered by patent-pending NanoFusion technology, a zero-coating, naturally non-stick cooking surface that delivers the performance of stainless steel without the compromises traditionally associated with it.

Introducing TitaniumSteel At the heart of SuperPan is TitaniumSteel- a new material developed after years of research, prototyping and material engineering.

Using a proprietary high-temperature plasma fusion process, titanium is permanently fused with stainless steel . NanoFusion then engineers the surface at a microscopic level, creating a finely textured structure that can naturally hold a thin film of oil, thus eliminating the need for a coating. The result is a 5-ply stainless steel pan that combines exceptional durability, high-heat performance and naturally non-stick cooking in one material.

“Ember has never been about finding one perfect material. It’s been about making every material consumers need better. From making your everyday non-stick pan PFAS free, to making cast iron rust proof, every product has started with the same question: what’s the biggest frustration people still live with? Stainless steel was the obvious next chapter. It’s loved for being clean, durable and timeless, yet millions of people still find it intimidating to cook on. We investigated multiple pathways, including advanced coatings, surface treatments and material engineering, before asking ourselves a different question: what if there was no coating at all? That question led to TitaniumSteel and NanoFusion - our re-engineering of stainless steel for the Indian kitchen,” - Siddharth Gadodia, Founder & CEO, Ember.

Designed for the Way India Cooks Before developing SuperPan, Ember conducted qualitative research across 120+ Indian households to understand not just what cookware people owned, but what they actually reached for every day. The findings revealed a clear behavioural shift: while stainless steel and cast iron were present in nearly every kitchen, ceramic and other non-stick alternatives had become the everyday choice because they combined clean cooking, effortless food release and lower oil usage.

As more consumers seek cleaner alternatives to PFAS-based cookware, a clear gap emerged in the category. That consumer need became the foundation for SuperPan.

“Our research showed that people like the idea of stainless steel given India’s love for high heat cooking and metal spatulas, - but low-oil cooking, cooking time, and ease of food release and cleaning, were leading to that Triply pan not getting picked up. They wanted the high-heat performance of stainless steel, the durability of cast iron and the effortless experience they had discovered with Arcilla Ceramic. Our challenge wasn’t to replace stainless steel - it was to remove the compromise that came with it ,” - Himanshi Tandon, Co-founder & CMO, Ember.

Global Design. Everyday Use SuperPan is the latest innovation to emerge from Ember’s global R&D ecosystem. The brand’s innovation journey is driven by its California R&D Centre, led by renowned industrial designer Bret Recor, and brought to life through the Ember Innovation Lab in India, led by Chef Saransh Goila. Together, the teams combine world-class product design, material science and deep culinary insight - validated through rigorous testing and real-world cooking - to build cookware engineered specifically for the way India cooks.

This is the second innovation to emerge from the Ember Innovation Lab, which came into existence in 2025.

"This is the kitchenware upgrade the industry has been waiting for," added Chef Saransh Goila, Chief Culinary & Innovation Officer, Ember. "You get the aggressive, high-heat searing capability of a heavy cast-iron skillet, combined with the effortless release of a brand-new non-stick and you can literally take a metal whisk to it. It defies everything we were taught about cookware." A New Chapter for Stainless Steel Stainless steel is one of India’s most trusted cookware materials, accounting for approximately 32% of India’s cookware market. Yet its everyday usability has remained largely unchanged. With SuperPan, Ember brings its material-first innovation philosophy to stainless steel, introducing TitaniumSteel - the next chapter after Arcilla and TitaniumClad.

Availability The SuperPan is now available on embercookware.com and across leading retail partners including Amazon, Food Square, Food Stories, Epic, Origin, and select premium cookware and home retail stores across India.

The Science Behind SuperPan • TitaniumSteel: A new material engineered for naturally non-stick cooking.

• NanoFusion Technology: Patent-pending surface engineering that permanently integrates titanium into stainless steel.

• 5-Ply Construction: Even heat from base to rim for consistent cooking.

• Zero Coating: No PTFE, PFAS or synthetic non-stick layer to peel or wear away.

• Built for Everyday Cooking: High-heat compatible, metal utensil friendly and made to last.

About Ember Cookware Founded in 2024, Ember is India's first 100% non-toxic, non-stick kitchenware brand, created to spearhead the nation's clean kitchen movement. Built through a strategic partnership with world- leading product design company, Box Clever under their venture arm, Box Garden Ventures, based in California, Ember combines global design excellence with a deep understanding of Indian cooking requirements. From Arcilla ceramic and TitaniumClad cast iron to TitaniumSteel, Ember develops proprietary technologies that make everyday cookware cleaner, more intuitive and built to last. Designed in California and engineered for India, Ember represents the future of clean living.

Learn more: www.EmberCookware.com (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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