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    India-New Zealand trade pact to come into force on Oct 20: Goyal
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September 21, 2026
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Duty-free access for Indian exports under the India-New Zealand trade agreement begins with its entry into force.
The India-New Zealand Free Trade Agreement will grant duty-free access in New Zealand to all Indian exports, displacing existing peak tariffs on products such as ceramics, carpets, automobiles, and auto components. Scheduled to enter into force on 20 October 2026, the agreement also includes New Zealand's long-term investment commitment in India.
September 21, 2026
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Tariff sanctions and AI trade consultations examine reciprocal tariff reduction amid energy-purchase measures and objections to unilateral sanctions.
Expanded sanctions and tariff measures form the immediate trade-policy backdrop. The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 authorises expanded sanctions and tariffs targeting Russia and countries that buy its energy exports. China contests the application of tariffs to its purchases and opposes long-arm jurisdiction and unilateral sanctions asserted without a basis in international law or a UN Security Council mandate. Parallel negotiations contemplate a reciprocal tariff-reduction arrangement.
September 21, 2026
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Rupee appreciation in early trade reflects lower crude prices and stronger domestic equities despite dollar demand.
Rupee appreciation in early interbank trading saw the currency strengthen by 24 paise to 95.72 per US dollar. Lower Brent crude prices, gains in domestic equities and improved foreign fund sentiment supported the currency, while importer demand for dollars and broader US-dollar strength limited gains. Market commentary identified a broad near-term trading range, and foreign-exchange reserves declined because foreign-currency and gold reserves fell.
September 21, 2026
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Digital signature compatibility requires updated signing software for newly issued tokens, while functioning existing certificates remain usable until expiry.
Digital-signature users with tokens issued on or after 21 September 2026 must install emSigner v3.3, while users whose existing certificates and tokens function normally may retain their current version. Version 3.3 supports existing tokens and is required where signing fails or certificates cannot be selected despite correctly installed drivers. Certificates downloaded to FIPS 140-2 dongles on or before that date remain valid until expiry; later renewal or fresh issuance generally requires FIPS 140-3 dongles, subject to specified exceptions.
September 21, 2026
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Private capital mobilisation for development financing requires predictable investment conditions, credible projects, fiscal transparency, and strengthened State capital expenditure.
Development financing for Viksit Bharat is framed as a joint Union-State and private-sector task requiring higher savings and investment, fiscally resilient public finances, and mechanisms to mobilise private capital. Fiscal sustainability requires State-wise debt assessments and fuller disclosure of off-budget borrowings, guarantees, arrears and borrowings through State-owned entities. Public resources are expected to play a catalytic role in attracting private investment, supported by predictable rules, enforceable contracts, faster dispute resolution and stronger investment protections.
September 21, 2026
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PMLA-IBC interface examines challenges in harmonising insolvency resolution with money-laundering asset attachment, investigation, tracing and enforcement.
The PMLA-IBC interface addresses reconciliation of insolvency resolution with anti-money-laundering enforcement where corporate debtor assets are attached during resolution. Section 32A is central to this interaction, although harmonised implementation remains challenging. The framework also considers money-laundering stages, hawala transactions, financial investigation, asset tracing, and evolving judicial approaches to aligning insolvency objectives with enforcement measures.
September 21, 2026
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Evolving insolvency law relies on legislative amendments and regulatory mechanisms to respond effectively to changing market conditions.
Subordinate legislation and regulatory mechanisms are important tools for maintaining responsiveness within the insolvency framework. Regulations may be framed for provisions of the Code and for fulfilment of its purposes and objectives, enabling practical responses to emerging issues. The interaction between primary legislation, regulations and market developments supports continuing refinement of insolvency law in line with changing conditions.
September 20, 2026
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Tariff policy and trade truce reshape bilateral engagement as rare-earth leverage limits coercive economic measures.
United States-China trade relations are being conducted through continued tariff policy, prior export restrictions, and a trade truce after escalating tariffs did not achieve their intended effect of changing Chinese economic conduct. China's concentrated supply of rare-earth inputs used in electronics provided negotiating leverage and contributed to the trade armistice. Indications that Chinese goods are routed through third countries to lessen tariff exposure qualify the decline in the bilateral goods imbalance. Continued tariffs have not constrained China's manufacturing expansion or its access to export markets.
September 20, 2026
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Ten-year director tenure cap governs removal of ineligible cooperative bank board members after regulatory review.
RBI required Latur District Central Cooperative Bank to remove directors considered ineligible for exceeding the ten-year maximum tenure applicable to district central cooperative bank directors. The action invoked director ineligibility under the Banking Regulation Act. Following a complaint and a court-directed timeline for regulatory action, RBI sought responses from the concerned directors, seven of whom resigned. An issue was raised over whether the tenure cap could apply retrospectively to appointments made before its stated commencement and whether it was being applied uniformly.
September 19, 2026
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Biometric Aadhaar authentication becomes essential for domestic LPG consumers seeking regulated subsidised refill bookings, while market-price supply remains available.
Biometric Aadhaar authentication is required from October 1 for domestic LPG consumers to book subsidised refills at the regulated retail selling price. Authentication can be completed through delivery personnel, distributor showrooms or designated mobile applications. Consumers unwilling or unable to authenticate may obtain LPG at the applicable market price without subsidy after registering their choice through specified digital channels. The framework distinguishes subsidised LPG linked to Aadhaar-authenticated consumers from market-priced LPG and seeks targeted subsidy delivery, reduced leakage, and prevention of diversion, duplicate connections and ineligible access.
September 19, 2026
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Cooperative bank director tenure limits require disqualification and removal when service exceeds the statutory maximum period.
Directors of District Central Cooperative Banks and Central Cooperative Banks are subject to a maximum 10-year tenure under the Banking Regulation Act, 1949, as amended by the Banking Laws (Amendment) Act, 2025. RBI directed removal of a director ineligible to continue under section 10A(2A)(i), read with section 56, following concerns that directors of Latur District Central Cooperative Bank had exceeded the permitted tenure.
September 19, 2026
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Tariff treatment of Indian exports shifted from reciprocal duties to targeted trade measures, sectoral duties, and specified exemptions.
Upon expiry of the temporary global measure, an India-targeted 10 per cent Section 301 tariff, linked to forced-labour concerns, replaced it; the effective charge for most covered exports remained MFN duty plus 10 per cent. The current regime applies the Section 301 tariff to Indian exports except specified goods, with separate sectoral duties on steel, aluminium and auto components. Smartphones, medicines and energy products are exempt.
September 19, 2026
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PMLA-based FIR request over alleged consultancy payments remains under legal examination amid criticism of non-registration.
Enforcement Directorate sought registration of an FIR concerning alleged fraudulent payments by Cochin Minerals and Rutile Ltd to Exalogic Solutions, represented as IT consultancy fees. The request relied on evidence gathered through investigation and searches under the Prevention of Money Laundering Act. Registration remained under consideration after receipt of the Advocate General's legal opinion, with the Home Department examining the matter.
September 19, 2026
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Free trade agreements expand market access, entrepreneurial partnerships and youth career opportunities alongside public-sector recruitment and development participation.
Free Trade Agreements are presented as mechanisms for expanding cross-border partnerships, market access for entrepreneurs, and career opportunities for young persons. Youth employment is also linked to the expansion of the startup ecosystem beyond major cities and to public-sector recruitment through Rozgar Melas. Newly selected candidates are to join central government ministries, departments and organisations. Public service is framed around citizen-centred administration and decisions supporting a developed and self-reliant India.
September 19, 2026
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AI governance for regulated financial services enables natural-language automation while preserving enterprise security, auditability, control, and scalable deployment.
Assist-Edge enables teams to describe intended processes in natural language and use AI to create, modify, and enhance executable workflows. Working with reusable AI agents and workflows, it supports discovery, customisation, deployment, and scaling of enterprise automation. For banking, financial services, and insurance operations, its use is positioned alongside security, governance, auditability, and control, supporting governed adoption of scalable AI capabilities and movement from isolated experimentation to enterprise-wide intelligent automation.
September 19, 2026
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Recurring token reward distributions connect eligible holdings, platform activity, and partner participation through hourly settlement cycles.
BC Engine permits eligible $BC holdings to participate in hourly settlement rounds distributing BCD rewards. Participants can monitor active balances, cumulative rewards, unclaimed BCD, and settlement history through the Engine interface. Settlement amounts vary with ecosystem activity, while the mechanism links platform activity, token utility, user participation, and commercial partners through repeated value distribution rather than one-time promotional incentives.
September 19, 2026
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Asset monetisation of surplus public land and buildings is accelerated through transparent, value-oriented processes and stakeholder coordination.
NLMC's Board recommended monetisation proposals involving surplus land and building assets valued at over Rs. 5,000 crore. Monetisation is facilitated through asset identification, due diligence, valuation and appropriate process structuring, with emphasis on transparency, efficiency and value realisation. Sustained coordination with asset-owning entities is intended to expedite implementation and support timely, commercially appropriate monetisation of underutilised public assets.
September 19, 2026
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Zero forex markup on credit cards applies automatically to international transactions without conditions while preserving applicable rewards.
Zero Forex Markup applies automatically to international transactions made through all existing and new credit cards, without a new-card application, upgrade, spending threshold or other stated condition. International card spends do not attract forex markup charges. Reward Points or Cashback, where applicable to the relevant card, continue on international transactions. Existing credit cards may be used for overseas and cross-border payments without requiring a separate forex card solely to avoid such charges.
September 18, 2026
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Foreign exchange reserve valuation reflects currency movements as foreign currency assets and gold holdings decline.
India's foreign exchange reserves declined to USD 780.782 billion for the week ended September 11, driven by reductions in foreign currency assets and gold holdings. Foreign currency assets fell to USD 645.796 billion, with their dollar value reflecting movements in reserve currencies against the US dollar. Gold reserves also declined, while Special Drawing Rights increased to USD 18.845 billion. The reserve position with the IMF stood at USD 4.916 billion.
September 18, 2026
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Bulk sugar stockholding limits now allow expanded inventories only where additional supplies derive from designated import channels.
Bulk sugar consumers using more than 10 tonnes monthly as a raw material may hold up to 30 days' requirement instead of 15 days. Holdings above 15 days must consist exclusively of sugar imported under the Tariff Rate Quota or Advance Authorisation Scheme; sugar obtained from the open market remains restricted to 15 days' consumption. Bulk consumers must declare and disclose their sugar inventories every Friday through the food ministry's online portal.

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AutomationEdge Launched Assist-Edge at Global Fintech Fest 2026, Redefining How Enterprises Build and Scale Automation

September 19, 2026

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AI-powered Assist-Edge transforms natural-language intent into executable automation, helping enterprises reduce development effort by up to 80% and accelerate the journey from idea to business value.

Mumbai, September 19, 2026: AutomationEdge, an enterprise Agentic Automation platform, launched Assist-Edge at Global Fintech Fest (GFF) 2026, introducing a new way for enterprises to design, build and scale automation through natural-language interaction.

Assist-Edge enables automation teams to describe what they want to automate in simple English and use AI to create, modify and enhance AutomationEdge workflows. By bringing natural-language interaction directly into the automation development experience, Assist-Edge helps reduce development effort by up to 80%, depending on the complexity and starting point of the automation.

As enterprises move from traditional RPA and task automation toward AI-powered and Agentic Automation, the challenge is no longer simply identifying what can be automated. It is also about how quickly enterprises can build, customize and scale automation across business functions.

Assist-Edge addresses this challenge by helping teams move from a business requirement to a working automation faster—without requiring every workflow to be built from scratch.

Building from Scratch to Discovering, Customizing and Building Assist-Edge works alongside AgentEdge, AutomationEdge’s marketplace of 1,500+ AI Agents and workflows.

Teams can identify an existing agent/workflow, download it and then use Assist-Edge to customize it for their specific requirements.

This creates a new automation journey: Discover → Customize → Build → Deploy → Scale The combination of reusable AI capabilities and AI-assisted development can significantly reduce the effort involved in moving from automation opportunity to enterprise execution.

Prasad Likhite, Chief Sales Officer, AutomationEdge, said: “Enterprise automation is entering a new phase where the opportunity is not simply to automate more processes, but to fundamentally change the economics and speed of building automation. Assist-Edge changes how automation teams interact with development by allowing them to express their intent in natural language and accelerate the creation of executable workflows. When this is combined with the reusable intelligence available through AgentEdge and the execution capabilities of our Agentic Automation Platform, enterprises can move from an automation idea to business value significantly faster.” AI Across the Automation Lifecycle Assist-Edge is part of AutomationEdge’s broader AI-powered automation ecosystem, which brings together Agentic AI, AI Agents, RPA, Document AI, Conversational AI, integrations and enterprise workflow automation.

AutomationEdge is also extending AI assistance beyond workflow development across areas such as code review, log analysis, BRD generation, proposal generation, solution design, migration and test-case generation.

The objective is to help organizations accelerate not just automation development, but the broader journey from idea and design to deployment and execution.

Why It Matters for BFSI? For highly regulated industries such as banking, financial services and insurance (BFSI), scaling AI and automation requires more than speed. Enterprises need to balance innovation with security, governance, auditability and control.

Assist-Edge brings natural-language development together with AutomationEdge’s enterprise automation capabilities, enabling organizations to accelerate automation creation while operating within an enterprise automation environment.

Dhananjay Tambe, Former Deputy Managing Director & Chief Information Officer at State Bank of India and Chief Guest at the Assist-Edge launch, said: “The next phase of enterprise AI is about moving from experimentation to execution. For organisations, particularly in BFSI, the ability to translate business intent into secure, scalable and executable processes will determine how quickly AI creates real value. Assist-Edge brings an important dimension to this evolution by making automation development more intuitive through natural language. Combined with ready AI Agents and Agentic Automation, it can help enterprises shorten the distance between an idea and its implementation.” Prasanna Lohar, CEO Future Transformation & President India Finnovation Network added: “AI transformation in financial services is multi-fold, as we have witnessed through the evolution of digital banking and enterprise technology. The next phase is not just about building better intelligence, but about being future-ready with robust AI Governance, continuous AI Evaluation, and the ability to translate intelligence into enterprise-scale action.

The real opportunity lies in accelerating AI adoption across the BFSI industry — moving from isolated AI experiments to enterprise-wide implementation, reusable capabilities, and intelligent automation. Assist-Edge and AgentEdge can help financial institutions bridge this gap by bringing AI closer to the people who build and operationalize automation, while enabling scalable, governed, and responsible adoption.

This is an important step in the journey from Digital Banking to Intelligent Banking — where AI becomes an integral part of how financial services are designed, delivered, governed, and continuously transformed.” A New Automation Ecosystem With AutomationEdge’s Agentic Automation Platform, AgentEdge and Assist-Edge, enterprises can combine three critical capabilities: • Discover reusable AI capabilities.

• Customize them for specific requirements.

• Build new automation using natural language.

Together, these capabilities create a path from: Idea → Intent → Build → Orchestrate → Execute → Business Value The broader vision is to move enterprise automation from a collection of individual projects toward a reusable, scalable and increasingly intelligent enterprise capability.

About AutomationEdge AutomationEdge is the Enterprise Agentic Automation Platform that enables organizations to run business operations faster, smarter, and at scale.

Through industry solutions such as SupportFlo (IT Support, HR Support, Employee Support, Finance Support and Customer Support) along with its Assist-Edge and AgentEdge, AutomationEdge helps enterprises accelerate time-to-value and scale automation with ease.

Trusted by 200+ leading enterprises, AutomationEdge combines enterprise-grade security, governance, and a value-driven implementation approach to help organizations modernize operations, improve customer experience, and drive sustainable growth.

(Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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