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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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VKDL NPA Advisory Council Chairman V. K. Dubey Felicitated by Uttar Pradesh Women Commission Chairperson Babita Singh Chauhan

September 21, 2026

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VKDL NPA Advisory Council Chairman V. K. Dubey Felicitated by Uttar Pradesh Women Commission Chairperson Babita Singh Chauhan during Vishwakarma Puja & Seva Sankalp Program organised on birthday of Prime Minister Narendra Modi Lucknow: A meeting of the State Legislature Pensioners' Association was held in the conference hall of the Vidhan Bhavan, Lucknow, presided over by Dr. C.P. Sharma with Babita Singh Chauhan, Chairperson of State Women's Commission attending as the chief guest. Distinguished guests who addressed the gathering included Chandra Bhushan Tripathi (IAS, MD of the Uttar Pradesh Cooperative Federation); BJP leader and Chairman of VKDL NPA Advisory Council Advocate Vinay Kumar Dubey, Dr. Suryakant; Govind Jangid (Jaipur); Ramakant Panchal (Ujjain); Shivam Singh (Ballia); and Manmohan Yadav. During the event, Babita Singh Chauhan, Chairperson of the Uttar Pradesh State Commission for Women specially honored Advocate V. K. Dubey in recognition of his continuous social work undertaken by him and his organisations specifically the provision of employment to thousands of women in state of Uttar Pradesh and efforts toward public welfare. In her address, the Chairperson emphasized the spirit of social welfare and the primacy of the nation, while commending the resolve shown towards women's welfare and public service. In his speech, Advocate V.K. Dubey invoked Lord Vishwakarma and called upon everyone to dedicate themselves to the nation through hard work, technology, and skill, aiming to establish India as a 'Vishwa Guru'. He praised Prime Minister Narendra Modi and Home Minister Amit Shah, lauding the government's schemes and highlighting how their benefits are reaching the masses. He spoke highly of work done in the state by Chief Minister Yogi Adityanath and explained the distinction between good governance and poor governance. Dubey stated that given the current pace of progress, the day is not far when India will become a global leader and a developed nation. He expressed confidence that the 'double-engine government' would remain committed to the state, ensuring the smooth implementation of various government projects in every village so that even the most marginalized individuals could reap the benefits; only then, he noted, could the goal of 'Antyodaya' (upliftment of the last person) be realized and a developed nation built. He pledged to serve and inspired the audience by raising the slogan "Bharat Mata Ki Jai." Advocate Dubey, a former member of the Official Language and Hindi Advisory Committees under the Government of India's Ministry of Skill Development and Ministry of Home Affairs, is renowned nationwide for his outstanding legal services and social work. He was specially honored for his remarkable contributions in the fields of banking, NPA resolution, legal awareness, and social service. The felicitation ceremony was the highlight of the event. Advocate Dubey was also accorded special honor. The audience present at the ceremony greeted him with thunderous applause.

Vinay Kumar Dubey (V. K. Dubey) is a distinguished legal expert based in Mumbai, Delhi, and Bengaluru renowned for his specialized expertise in civil, criminal, and NPA (Non-Performing Asset) advisory matters. He primarily represents clients in high-profile cases before the Bombay High Court and the Supreme Court. Beyond general legal practice, he holds a distinct reputation in banking and industrial legal matters; he serves as the Chairman of the VKDL NPA Advisory Council and also as CMD of NPA BAZAAR PRIVATE LIMITED, a company playing a pivotal role in resolving financial disputes. He has served as a member of the Government of India’s Hindi Advisory Committee and has been appointed as a Special Executive Officer by the Government of Maharashtra. He heads the prestigious law firm "V. K. Dubey Associates," which operates on the principle of "Justice for All" and specializes in resolving civil and criminal disputes. Additionally, he leads public service initiatives through various social organizations. His other law firms, VKDL Corporation LLP and United Legal, provides specialised services in banking, corporate, and settlement matters, collectively boasting over a decade of experience. Dubey has also established the Bharat International Business Orientation (BIBO Foundation) to connect with and resolve the issues of business communities both in India and abroad; furthermore, he plays an active role in the Brahmin Ekta Manch Charitable Trust and Gyanoday Seva Samiti, through which he engages in various social welfare activities. He serves as the National Legal Head for the Prime Minister’s Atmanirbhar Bharat Abhiyan organization and is recognized as an active grassroots social worker associated with the Bharatiya Janata Party (BJP). He is continuously dedicated to causes such as cow protection, assisting the underprivileged, promoting education, and fostering social upliftment. He conducts education and support programs for underprivileged sections of society through the Kumari Mamata Devi Charitable Trust and the Gyanoday Seva Samiti. In 2024 and 2026, he was honored with prestigious international and national awards for his outstanding contributions to the legal and social sectors; these include a special honor at the 2nd International Bar & Bench Badminton Championship held in London and the "Popular Civilian Icon of India Award." His primary objective is to ensure that justice reaches the most marginalized individuals in society through legal aid, social empowerment, and public awareness initiatives. He effectively integrates his social work in Pratapgarh, Uttar Pradesh, with his professional activities based in Delhi, Mumbai and Bengaluru.

At the event, Lord Vishwakarma was venerated, and Prime Minister Narendra Modi was hailed as a national hero by attendees including Hari Prakash Agarwal, Dr. Rupali Rathore, Pooja Upadhyay, Nidhi Rastogi, Anita, Chitra Dixit, Premchandra, Santosh Pal, Madhu Krishna, Purushottam Lal, Soni, Jagdish, Pratap Narayan Dwivedi, Meena, Shiv Ram Mishra, Rajesh Prakash, Ram Bihari Mishra, Shweta Soni, Sanjay Vishwakarma, Gulvinder, Umesh Shukla, Gajendra Singh, Sevak Ram, Dinesh Chandra Awasthi, K.D. Tripathi, Vinay, Shivam Singh, and journalists Chandra Kishore Sharma and Ramkumar Sharma.

Babita Singh, Chairperson of the Uttar Pradesh State Women's Commission, stated that national hero Narendra Modi has undertaken historic work to make women self-reliant and has elevated the country to the pinnacle of the global stage.

Guest of Honour Chandra Bhushan Tripathi remarked that Lord Vishwakarma is the creator of the universe, revered across all faiths, and stands as an unparalleled example of the resolve to serve. The Chief Guest felicitated Ashish—son of President Dr. C.P. Sharma who for qualifying for the NEET exam and securing admission to medical college.

Prior to the meeting, a community feast was organized, courtesy of Shivam Singh. Finally, the founder, Dr. Dinesh Chandra Awasthi, expressed his gratitude to everyone present.

(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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