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    Central govt employees to get salary in advance on Sep 25 in view of 3-day bank strike
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September 23, 2026
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Advance disbursement of central government pay addresses anticipated banking disruption, with subsequent adjustment against the following month's entitlements.
Advance disbursement of September 2026 salary, wages and pensions is authorised on 25 September for central government employees, industrial employees and pensioners because of the proposed bank strike. Payments constitute advance payments and must be adjusted after full monthly entitlements are determined, with any adjustment made from October salary or wages. End-of-month banking transactions should, where feasible, be processed in advance.
September 23, 2026
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Commercial vehicle after-sales support expands authorised repairs, genuine spares, roadside assistance, and uptime for remote high-altitude fleet operations.
Commercial vehicle after-sales support is expanded through a BharatBenz 3S facility operated by PPS Trucking for remote high-altitude fleet operations. The facility provides sales, authorised service, genuine spare parts, diagnostic systems, repair tools and round-the-clock roadside assistance. Trained technicians, service bays and regional spare-parts inventory are intended to reduce repair turnaround times and vehicle downtime. The support network serves commercial vehicles engaged in stone-crushing, road construction, communication-infrastructure transport and other heavy-duty operations in difficult terrain.
September 23, 2026
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Redeem-code eligibility limits govern BGMI's final Golden Miramar Pan reward drop through the official redemption portal.
BGMI's final redeem-code series offers limited-time Golden Miramar - Pan rewards through general redeem codes valid only until September 25 on the official redemption website. Redemption requires a Character ID, valid code, Captcha verification, and submission through the redeem centre. Each code is limited to 10 users on a first-come, first-served basis; users may redeem one code daily, and each code is usable once per account. Guest accounts are excluded, and in-game mail rewards must be claimed within 30 days.
September 23, 2026
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Aadhaar-based biometric attendance requires employee registration, integrates leave records, and triggers automated pay deductions for unauthorised absences.
Aadhaar Enabled Biometric Attendance System (AEBAS) is mandatory for regular and temporary government employees and integrates attendance and leave data with PRANALI. Monthly reports are verified to identify authorised leave and net absence. Remaining unauthorised absence may result in digitally issued extraordinary-leave or leave-without-pay orders, personnel-record updates, and automated salary deductions. Temporary employees' failure to record attendance is treated as leave without pay.
September 23, 2026
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Initial public offering by Swastika Infra combines a fresh issue and offer for sale, subject to approvals.
Swastika Infra Limited proposes an initial public offering comprising a fresh issue of equity shares and an offer for sale, with proposed listings on BSE Limited and National Stock Exchange of India Limited. The allocation framework covers qualified institutional buyers, anchor investors, non-institutional investors and retail individual investors. Net fresh-issue proceeds are intended for incremental working-capital requirements and general corporate purposes. Completion remains subject to statutory and regulatory requirements, approvals, market conditions and other considerations.
September 23, 2026
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Monetary policy tightening may follow resilient growth as inflation, conflict risks, and weather pressures reshape economic projections.
FY27 GDP growth projections were raised to a range of 6.9%-7.1% on stronger June-quarter activity, resilient demand, investment, consumption, exports, capital inflows and limited supply disruptions. Growth may moderate as energy costs reduce purchasing power, activity slows and weather risks persist. Policy-rate tightening is projected as an inflation response, with forecasts of a 25-basis-point increase and temporary rate rises to offset price pressures.
September 23, 2026
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Fisheries subsidy disciplines require transparent reporting, domestic monitoring, and coordinated implementation to address harmful subsidies and IUU fishing.
Fisheries subsidy disciplines target support linked to illegal, unreported and unregulated fishing, fishing of overfished stocks subject to rebuilding conditions, and fishing on the unregulated high seas. Members accepting the Agreement must implement and administer these disciplines and comply with notification and transparency obligations. Effective implementation depends on reliable fisheries data, monitoring and reporting systems, vessel registration, inter-agency coordination and technical capacity.
September 23, 2026
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Essential banking service continuity requires Sunday operations by public sector and regional rural banks during the proposed strike.
Public Sector Banks and Regional Rural Banks will function normally on Sunday, 27 September 2026, to prevent an extended interruption to public banking needs during the proposed nationwide strike. Reserve Bank approval covers full operation of branches, offices, ATM-link branches and Currency Chests, alongside measures intended to maintain uninterrupted essential banking services.
September 23, 2026
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Money laundering allegations in public recruitment describe CSR-linked payments, examination manipulation, and candidate payments treated as proceeds of crime.
Money-laundering allegations concerning state public-service examinations identify two alleged streams of proceeds of crime: corporate social responsibility funding allegedly routed to an institution controlled by the former commission chairman in return for favouring selected candidates, and money allegedly collected from candidates and families for advance access to examination papers and secured selection. The alleged CSR payment was projected as legitimate institutional funding, while candidate-related collections were allegedly possessed, used, transferred, or projected as legitimate transactions.
September 23, 2026
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Banking service continuity measures require public sector and regional rural banks to operate on Sunday during the proposed strike.
Banking-service contingency arrangements require Public Sector Banks and Regional Rural Banks to operate normally on Sunday, 27 September 2026, ahead of a proposed three-day bank strike. Reserve Bank approval permits bank branches, offices, ATM-linked branches and currency chests to remain fully operational. Customers are advised to use mobile banking, ATMs, internet banking, BC Points and UPI if the strike occurs, and to complete essential transactions in advance.
September 23, 2026
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Inflation-driven monetary tightening may accompany strong growth as demand, price increases and adverse supply conditions shape rate expectations.
Inflationary pressures, robust demand, price rises and adverse supply developments are expected to lead to policy-rate tightening by RBI. Fitch anticipates a 25-basis-point rate rise in October, further tightening in early 2027, followed by easing in 2028. Growth projections were upgraded following stronger-than-expected June-quarter activity, but activity is expected to moderate as the effects of GST rationalisation and income-tax cuts recede, manufacturing and services slow, and below-normal monsoon conditions affect activity.
September 23, 2026
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GDP growth forecast rises as domestic demand, investment, and public capital spending sustain economic resilience amid external risks.
India's GDP growth forecast for the current fiscal year is raised to 7 per cent, supported by investment demand, resilient consumption, manufacturing and services activity, lower-than-expected supply disruptions, and sustained capital inflows. Domestic demand, infrastructure expenditure, regulatory reforms, and improving private investment are expected to support growth. Inflation is projected to remain within the central bank's target range, subject to risks from geopolitical uncertainty, commodity prices, and weather-related disruption. Fiscal management is supported by public capital expenditure and robust direct-tax revenue.
September 23, 2026
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Primary and secondary investment funds ammunition manufacturing expansion, increasing small-caliber capacity and establishing medium-caliber production.
Hughes Precision Manufacturing Pvt. Ltd. completed a Rs. 250+ crore investment round through primary and secondary investments. The capital will expand small-caliber ammunition capacity from approximately 80 million to 220 million rounds and establish a dedicated medium-caliber ammunition manufacturing facility. The expansion broadens its product portfolio and is supported by an order book exceeding Rs. 1,000 crore, including domestic defence and export orders scheduled for execution over approximately two years.
September 23, 2026
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GDP growth outlook signals resilient expansion, but inflation, weaker rural demand, and supply pressures may prompt monetary tightening.
India's FY 2026-27 GDP growth forecast is raised to 6.9 per cent from 6.4 per cent, reflecting strong June-quarter growth and economic resilience. Economic momentum is projected to moderate as slower manufacturing and services expansion, below-normal monsoon rains, and rising inflation constrain demand. Strong demand, price increases and adverse supply conditions are expected to lead to monetary tightening.
September 23, 2026
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FEMA scrutiny of insolvency acquisitions examines fund flows and possible indirect control by potentially ineligible resolution participants.
FEMA investigation concerns suspected foreign-exchange contraventions and the source and movement of funds used to acquire control of McNally Bharat Engineering Company Limited following its corporate insolvency resolution process. The inquiry also examines whether the process may have enabled persons potentially ineligible under Section 29A of the Insolvency and Bankruptcy Code, 2016, to regain indirect control of the company.
September 23, 2026
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Export facilitation reforms integrate local support, digital trade intelligence, and streamlined Free Trade Agreement procedures to improve market access.
Export facilitation reforms contemplate integrated Commerce and Industry offices and trained local personnel to provide exporters with common access points and district-level handholding support. The Trade Connect platform is envisaged to provide product-wise and HSN-code-wise tariff, Free Trade Agreement and procedural information, supported by digital and AI-enabled tools. Reforms also address electronic verification of Certificates of Origin, integration across the export cycle, digitalisation, simplified trade documentation, reduced compliance burden, and adherence to international quality standards.
September 23, 2026
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Monetary policy outlook: resilient growth and persistent inflation support a projected policy-rate increase amid weather and geopolitical risks.
India's FY27 growth outlook is revised upward to 7 per cent from 6.6 per cent, supported by industrial activity, consumption, goods exports and government investment. Consumer inflation is projected to average 5.1 per cent. Persistent inflationary pressures, solid growth, conflict in West Asia and weather-related risks are expected to support higher interest rates, while below-normal monsoon rainfall may affect agricultural output and food inflation.
September 23, 2026
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Trade partnership frameworks seek diversified market access through proposed economic agreements, investment cooperation, stronger business linkages, and improved connectivity.
Trade and market-access cooperation is to be advanced through a proposed Comprehensive Economic Partnership Agreement with Chile, a proposed Free Trade Agreement with Peru, and expansion of the Preferential Trade Agreement with MERCOSUR. The frameworks seek mutually beneficial outcomes while respecting respective sensitivities and priorities. Diversified trade, investment and business partnerships are envisaged through stronger business-to-business linkages, improved connectivity and more predictable market access.
September 23, 2026
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Diplomatic engagement amid armed conflict continues as parties discuss reopening strategic waterways, energy security, and a potential negotiated settlement.
Diplomatic engagement between the United States and Iran resumed amid an ongoing armed conflict. The engagement concerned reopening the Strait of Hormuz and returning to negotiations toward a settlement, while the United States position combined willingness to engage with threats of escalated military action if an agreement was not reached. Regional consultations also addressed risks to oil carriage, energy supplies, and navigation through strategic waterways.
September 23, 2026
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Bilateral comprehensive trade agreement negotiations aim for conclusion at the G20, supporting diversification and renewed economic ties.
Comprehensive trade agreement negotiations between Canada and India are progressing, with both governments aiming to conclude discussions by the mid-December G20 summit. Formal negotiations commenced in March, accompanied by a broader commitment to complete the agreement by the end of 2026. The proposed arrangement forms part of renewed bilateral economic engagement and Canada's strategy to diversify trade relationships, strengthen market access and reduce dependence on a single market.

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Geely and Xinwei-Backed Cross-Era Leap Talent Development Program Welcomes Inaugural Class of 'AI Natives'

September 22, 2026

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SANYA, China, Sept. 22, 2026 /PRNewswire/ -- As artificial intelligence (AI) reshapes higher education, institutions and industry are exploring new approaches to identifying and developing talent. On Sept. 16, the Cross-Era Leap Talent Development Program ("Leap Program") held an opening ceremony for its inaugural class. Developed by Xinwei Education to prepare emerging leaders for the industries of the future, the flagship program introduces an educational model grounded in real-world industry settings and designed to identify and cultivate exceptional young talent. The ceremony marked the formal launch of a program that encompasses both the early identification of promising students and their long-term growth.

Chairman of Geely Holding Group, Li Shufu (Eric Li); Lu Dan, CEO of Geely Talent Development Group and Chairman and Global CEO of Xinwei-AI; and Pan Leifang (Tony Pan), Senior Vice President and Chief Human Resources Officer of Geely Holding Group, joined industry mentors, education experts and 19 incoming students selected from tens of thousands of applicants. Participants discussed the future of emerging industries and approaches to preparing the next generation of leaders.

Looking Beyond Grades to Identify Potential Earlier AI is reshaping industries as well as the ways in which talent is developed and assessed.

Chairman Li Shufu discussed the relationship between industry competitiveness and talent development. Every sector, he noted, faces continuing competition, with talent ultimately serving as one of the principal determinants of success. Companies may hire experienced professionals or invest in training recent graduates. Using Geely's longstanding metaphor of cultivating a "talent forest," Li said the Leap Program begins at an earlier stage: rather than selecting "saplings," it seeks to identify promising "seeds." At this earlier stage, the program focuses on advanced technologies and emerging industries in the AI era, seeking out recent high school graduates who demonstrate sustained commitment and exceptional potential in particular fields. Students will study and undertake practical work in four areas—electric vehicles, AI, low-altitude aviation and low-Earth-orbit satellites—through an intensive curriculum that combines academic study with substantive industry experience.

In its selection process, the Leap Program looks beyond test scores alone. Xinwei-AI and Xinwei Education partner with companies, universities and research institutions to evaluate candidates in four areas: passion and ambition, critical thinking and vision, grit and resilience, and empathy and teamwork. A structured assessment framework and a rigorous six-stage selection process are intended to ensure that candidates are evaluated fairly and comprehensively.

Dr. Lu Dan said the approach reflects a fundamental reconsideration of how people develop and acquire capabilities. In addition to academic performance, the qualities increasingly required of future leaders include sustained intellectual curiosity, the ability to learn across disciplines, a willingness to engage with complex problems and the capacity to translate an interest into sustained action. He said educational assessment must move beyond selection based principally on scores toward a more comprehensive process of identifying and developing talent. The approach is intended to create an educational environment in which universities and industry share responsibility for students' growth, with AI supporting collaboration between faculty members and students.

The inaugural class brings a range of strengths: some have a particular interest in robotics programming; others have extensive experience in model aircraft competitions, sustained engagement in independent research or demonstrated strengths in collaborative work. They are united by a willingness to pursue their interests over time and explore them independently.

By identifying talent earlier, the Leap Program also seeks to establish a coherent pathway from discovery to development. Its objective is not simply to select promising students, but to give them opportunities to strengthen and apply their abilities in real-world settings.

From Acquiring Knowledge to Developing Potential Unlike traditional programs centered primarily on classroom instruction and coursework, the Leap Program places sustained emphasis on helping each student realize their potential.

Pan Leifang urged students to "work on real problems and engage with them deeply." One of the program's principal advantages, he said, is that students engage directly with industry challenges from the beginning of their studies. Students will work with code used in real-world applications, gain experience on production lines and contribute to active research projects.

Ding Renzhong, chair of the academic committee at Geely University of China and former president of Sichuan Normal University, said the value of higher education in the future will lie not only in helping students acquire knowledge, but also in preparing them to identify, formulate and investigate problems. Industry settings provide opportunities for applied learning while exposing students to complex questions for which there may be no established answers.

The Leap Program does not prescribe a single developmental path. Instead, each student's experience reflects the individual's interests, strengths and potential, with academic preparation, industry exposure and practical challenges integrated throughout the program. Under a three-mentor model, students will receive guidance as they encounter unfamiliar problems, work in new environments and undertake increasingly complex assignments. In doing so, they will build knowledge and capabilities through sustained engagement with real-world questions.

Xinwei Bee Line, an AI-enabled academic training platform developed by Xinwei-AI, will support students in strengthening their capacity for independent thought and sound judgment. Rather than concentrating solely on finding established answers, students will learn to analyze, test and address real problems. Through this process, students will develop a deeper understanding of how technology operates in different industry contexts while drawing on multiple disciplines and perspectives. The aim is to help students progress from acquiring specialized knowledge to applying it to complex challenges.

The program therefore approaches education not simply as the accumulation of knowledge and skills, but as an ongoing process of identifying, cultivating and applying each student's potential.

From Selection to Shaping the Future At an opening ceremony themed "What Kind of Future Will We Build?", students received a letter framed as a message from 2030 and viewed a dynamic map illustrating possible future pathways for the 19 members of the inaugural class. These elements invited students to consider the relationship between their personal development and the industries they may one day help shape. Academic and industry mentors were formally appointed, while an AI mentor named "Xinwei Liangzai" (means cool boy) was introduced as part of the program's collaborative support structure.

Students also spoke with Li Shufu, other senior leaders, experts and mentors about emerging areas of industry, choosing fields of study, interdisciplinary learning and the translation of research into practical applications. Whereas many university opening ceremonies focus primarily on campus life, the students' questions centered largely on industry developments and future careers, reflecting the program's emphasis on applied learning.

Chairman Li Shufu emphasized that changes in how knowledge is acquired in the AI era require universities to reconsider the objectives of higher education. There is no shortcut to personal development or achievement, he said: students must understand the world around them while retaining the ability to think independently. Learning in the AI era, he added, should progress beyond acquiring knowledge for its own sake to learning how to innovate and prepare for the future.

Dr. Lu Dan said the AI era provides students with access to a broader range of resources and greater scope for exploration, while also amplifying capabilities developed through sustained effort. He encouraged "AI natives" to think ambitiously and explore actively, while recognizing that ideas must ultimately be translated into sustained innovation and action.

As the discussion concluded, Chairman Li Shufu offered his best wishes to the inaugural class: "May you make a successful leap and see your aspirations and dreams fulfilled." Rapid advances in technology, continuing industrial transformation and changes in the ways people access knowledge are prompting higher education institutions to reconsider how talent is identified, developed and assessed. They also underscore the need for closer connections among education, workforce development and industry.

The Cross-Era Leap Talent Development Program represents Xinwei Education's response to these questions. Bringing together universities, companies and technology platforms, the program expands the assessment of candidates beyond examination results to include a broader evaluation of their potential for growth. By connecting early talent identification with individual growth, practical skills and industry experience, the initiative is intended to inform new approaches to identifying and educating promising innovators in the AI era.

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

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