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Indian Banks Accelerate GenAI Adoption As Implementation Rises To 86%: Report

New Delhi, Aug. 13 -- Indian banks are rapidly moving Generative Artificial Intelligence (GenAI) from experimentation to implementation, with the share of lenders having GenAI use cases under implemen... Read More


Paper Manufacturers Seeks Immediate Anti-Dumping Duty On Indonesian Paperboard Imports

New Delhi, Aug. 13 -- The Indian Paper Manufacturers Association (IPMA) has urged the government to immediately impose anti-dumping duty on imports of Virgin Multi-Layer Paperboard from Indonesia, all... Read More


Tighter Energy Norms To Cut Legacy Urea Plant Profitability By 25%: Crisil Ratings

New Delhi, Aug. 13 -- Legacy urea plants are likely to face a structural decline in profitability following tighter energy-efficiency norms announced on July 30, 2026, according to Crisil Ratings. In... Read More


India, SACU Sign Terms of Reference for Preferential Trade Agreement Negotiations

New Delhi, Aug. 13 -- India and the Southern African Customs Union (SACU) have signed the Terms of Reference (ToR) for negotiations towards a Preferential Trade Agreement (PTA), establishing the frame... Read More


National Biodiversity Authority Disburses Rs.15.52 Crore to 29 States and UTs Under Access and Benefit Sharing Mechanism

New Delhi, Aug. 13 -- The National Biodiversity Authority (NBA) has released Rs 15.52 crore in Access and Benefit Sharing (ABS) proceeds linked to ten commercial mustard hybrid varieties developed usi... Read More


Parliamentary Panel Urges MNRE To Diversify Renewable Energy Strategy Beyond Solar

New Delhi, Aug. 13 -- A Parliamentary Standing Committee on Energy has urged the Ministry of New and Renewable Energy (MNRE) to diversify India's renewable energy strategy beyond its strong focus on s... Read More


India Exports Gasoline To Russia For First Time, 350,000-Barrel Shipment Arrives

New Delhi, Aug. 13 -- India has exported gasoline to Russia for the first time, with a shipment of around 350,000 barrels arriving in Moscow on August 5, according to maritime intelligence firm Kpler.... Read More


Renewable Energy Could Cut Secondary Steel MSMEs' Power Costs By 34%: Report

New Delhi, Aug. 13 -- Micro, small and medium enterprises (MSMEs) in India's secondary steel sector could reduce their annual electricity costs by up to 34 percent and significantly lower greenhouse g... Read More


SBI Underwrites Nearly Rs 1 Lakh Crore In MSME Loans Using AI In FY26

New Delhi, Aug. 13 -- State Bank of India (SBI) used artificial intelligence (AI) to underwrite nearly Rs 1 lakh crore worth of MSME loans of up to Rs 5 crore each during 2025-26, a senior bank offici... Read More


West Bengal Government To Introduce New MSME Policy Soon: Minister

New Delhi, Aug. 13 -- The West Bengal government plans to announce a new policy for the micro, small and medium enterprises (MSMEs) sector within a month, state MSME and Textiles Minister Dipak Barman... Read More