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By Dr. Gyan Pathak With all talks between the United Forum of Banks Unions (UFBU) and Indian Banks’ Association (IBA), Department of Financial Services (DFS), and Central Labour Commissioner under the Union Ministry of Labour and Employment failed, the Public Sector Banks in India have issued alerts for possible disruption of banking operations during all […]

The article Banks issue alerts: Operations may face disruption on Sep 11 appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

The core highlight of the event is an exclusive, live on-site exhibition tour hosted by world-renowned creator Pamela. During the live stream, Pamela visited the booths to experience several flagship products firsthand. Sharing her genuine personal impressions, she effectively communicated the key features and advantages of each product to a global audience. This livestreaming seamlessly bridged the physical exhibition with online digital communities, significantly boosting the exposure and global impact of the Tech Festival.

The exhibition features four major categories of technology products, covering image creation, home cooking, smart cleaning, and home fitness. DJI presents its portable, intelligent pocket imaging devices, leveraging advanced sensor technology and AI-optimized algorithms to deliver stable, high-quality footage for everyday content creation. Bosch showcases its upgraded dual-chamber air fryer, optimizing the home cooking experience with a healthier, more efficient, and user-friendly solution. Roborock introduces its high-end flagship robotic vacuum, equipped with precise smart navigation and all-scenario adaptive cleaning capabilities to effortlessly achieve whole-house smart cleaning. Meanwhile, UMAY exhibits its ergonomically designed, smart-connected fitness equipment, lowering the barrier to entry for long-term, professional home workouts.

Driven by its youthful, scenario-based, and experiential exhibition format, the Tech Festival has emerged as one of the most popular and iconic experiential highlights of IFA 2026. It vividly illustrates the emerging trend of how lifestyle technology empowers and elevates the quality of everyday life.

Hashtag: #TechFestival

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A National Barometer Survey released Thursday showed 43 per cent of respondents approved of Lee’s handling of state affairs, down seven percentage points from two weeks earlier, while 48 per cent disapproved. It was the first time disapproval exceeded approval in the biweekly poll since Lee took office in June 2025.

The same survey found 45 per cent opposed deploying military assets, including maritime patrol aircraft and support ships, to Hormuz, compared with 36 per cent who supported such a move. Opposition was strongest among respondents in their 40s and 50s and among supporters of Lee’s ruling Democratic Party, underscoring the domestic political risk surrounding any military contribution.

Seoul has repeatedly said no final decision has been made. Seong Ghi-hong, senior presidential secretary for public relations and communication, said Wednesday that the government had not finalised its policy and was “cautiously assessing” the issue. A Defence Ministry inspection team sent to the United Arab Emirates to examine conditions returned on Thursday.

The government has described the mission as an assessment rather than preparation for deployment. National Security Adviser Wi Sung-lac also said talks between Lee and French President Emmanuel Macron in Paris focused on possible contributions to maritime security and freedom of navigation, not on an agreement to send troops.

The debate has sharpened as US President Donald Trump presses allies to help secure Hormuz during the prolonged conflict with Iran. Trump has publicly criticised Seoul over its reluctance to support US efforts in the waterway, which carries a major share of the energy supplies used by South Korea and other Asian economies.

South Korean officials have denied that Washington imposed a deadline for a deployment. The presidential office has said Seoul is discussing practical ways to support peace, stability and free navigation with international partners, while weighing military readiness, legal requirements and the risks of deeper involvement in the conflict.

Any dispatch of troops would require approval from the National Assembly, where Lee’s Democratic Party holds a majority. That gives the government procedural room but does not remove the political cost of acting against a sizeable share of public opinion, including voters aligned with the ruling camp.

A separate Hangil Research survey conducted from September 5 to 7 found 47.1 per cent opposed deployment and 43 per cent supported it, a difference within the poll’s margin of error. Opposition rose to 55.5 per cent among Democratic Party supporters and 62.4 per cent among self-described liberals.

Lee’s broader ratings have also weakened for domestic reasons. A Realmeter survey released Monday put his approval at 37.4 per cent, down 1.5 percentage points over the week and the eighth consecutive weekly decline. The pollster linked the fall primarily to disputes over a cabinet reshuffle and housing-related policy changes rather than the Hormuz question alone.

Gallup Korea last week placed Lee’s approval at 40 per cent, with 51 per cent disapproving. Respondents who viewed him negatively most often cited real estate policy, followed by concerns about the economy and livelihoods and dissatisfaction with personnel appointments.

The Hormuz issue nevertheless adds a foreign-policy dilemma at a sensitive moment. South Korea depends heavily on imported energy, and disruption in the strait has already increased the strategic importance of keeping shipping routes open. At the same time, Iran has warned Seoul against military participation, saying such a move could be viewed as siding with US military action.

Shipping through Hormuz remains sharply below pre-war levels as the United States and Iran continue military and economic pressure around the waterway. The conflict has pushed oil prices higher and complicated supply planning across Asia, giving Seoul a direct economic interest in restoring safer passage without becoming drawn further into hostilities.

The latest additions include Zoho co-founder and chief scientist Sridhar Vembu, Angel One Group chief executive Ambarish Kenghe, Emergent founder and chief executive Mukund Jha and Canva country manager Chandrika Deb. Their participation was announced on September 10, extending a lineup that already includes senior policymakers, fintech founders, researchers, venture investors and enterprise technology executives.

The summit, organised by YourStory, is scheduled for October 13 to 15 at the Sheraton Grand Bengaluru Whitefield Hotel and Convention Center. Its 2026 theme, “The New Tech Order”, centres on how AI, deep technology and new digital infrastructure are changing access to technology, business formation and the distribution of economic and technological power.

Among the previously announced speakers are Priyank Kharge, Karnataka’s Minister for Home, IT, BT and E-Governance; Krishna Byre Gowda, Minister for Greater Bengaluru Development; PhonePe founder and chief executive Sameer Nigam; and Pramod Varma, co-founder and chief architect of Networks for Humanity. The programme also lists Rahul Chari, founder and chief product and technology officer of PhonePe, and Manish Maheshwari, managing director for India at Stripe.

Organisers say the event is expected to draw more than 10,000 attendees, more than 500 speakers and about 300 investors. The official event website also lists more than 1,000 startups, while another event page refers to more than 200 participating startups, indicating that the figures represent different participation categories or programme groupings.

The first day is set to examine shifts in technological power, including AI as infrastructure, computing capacity, semiconductor supply chains, data ownership and the balance between technological sovereignty and globalisation. Other sessions are expected to address enterprise adoption of AI, startup financing, digital public infrastructure, climate technology, product development and the role of Bengaluru as a centre for technology-led businesses.

The breadth of the programme reflects a shift in concerns facing technology companies. Access to capital remains important, but founders are contending with computing costs, pressure to demonstrate AI products, scrutiny of data use and the need to build businesses capable of expanding without relying indefinitely on external funding. Investors are expected to examine those trade-offs as they assess companies operating across software, fintech, climate technology, mobility, health technology and deeptech.

Bengaluru’s civic and policy challenges are part of the agenda. Byre Gowda’s participation brings urban development into the discussion, while Kharge is expected to address the state’s role in supporting emerging technologies, entrepreneurship and digital infrastructure. Their presence links the startup programme with questions about how a technology centre manages infrastructure, talent, regulation and public services.

The speaker list spans established technology companies and younger ventures. It includes Anjali Bansal of Avaana Capital, Ashutosh Sharma of Prosus, Michael Cronin of Couchbase, Nagendra Nagaraja of QpiAI, Geetha Manjunath of Niramai Health Analytix, Nicolas Sauvage of TDK Ventures and Priyanka Agarwal Chopra of IIMA Ventures. Academic and research participants include Ashok Jhunjhunwala of IIT Madras and Shivkumar Kalyanaraman, chief executive of the Anusandhan National Research Foundation.

TechSparks will also host its Tech30 programme, which identifies 30 technology companies for a showcase at the summit. The 2026 selection process moved into its second stage on September 10, with shortlisted companies required to submit a more detailed application. The final cohort is scheduled to be locked by September 30 and presented during the event.

A separate VibeCode30 programme is aimed at AI-native builders, while ActionLabs and masterclasses are designed around hands-on problem solving and practical technology deployment. The event format also includes startup networking zones, an India-international corridor and a government pavilion.

The third rebuild of Ramco’s platform in thirty years, moving enterprise software from a system of record towards a system of intelligence and action

At the event, the company provided a preview of its upcoming AI-native enterprise platform, built to move enterprise software from a system of record to a system of intelligence, and ultimately a system of action. The first two shifts in Ramco’s platform changed how enterprise software was delivered; this one changes what the software is.

The new platform is designed to move away from software that people must log into and interpret, towards a system that surfaces what needs attention and drafts the resulting action for a human to approve. A walkthrough during the keynote showed how the platform would identify a projected stock shortfall across multiple warehouses and prepare the corresponding replenishment requests for approval.

Abinav Raja, Managing Director, Ramco Systems, said, “Nobody running a business today is short of information. They are short of the time to go and assemble it into something they can act on. What we are building is meant to do that assembly for them, and bring the next step with it, while leaving the judgement where it belongs.”

Payroll offers one example of what this looks like in practice: a monthly processing cycle gives way to continuous validation, with anomalies flagged as they arise rather than surfacing at the end of the period. The AI and Machine Learning technology carries out the processing while payroll teams retain the review and the sign-off.

Ramco has operated in Malaysia since 1996 and today processes payroll for more than 100,000 employees every month across more than 50 Malaysian organisations in over 15 industries. Kuala Lumpur serves as one of Ramco’s regional support hubs for HR and Global Payroll, with Singapore as its Asia headquarters.

Sandesh Bilagi, Chief Executive Officer, Ramco Systems, said, “We have spent thirty years in Malaysia solving problems our customers could not afford to get wrong. Some of the organisations we recognised today started with us decades ago. They have been part of our journey and been with us as our platform transformed and modernized over the years. Thirty years is not the achievement. Those relationships are.”

At the event, Ramco recognised its Malaysian clientele, including:

• Valiram Group, the Kuala Lumpur headquartered luxury retail specialist with more than 600 stores across Southeast Asia and Oceania, was Ramco’s first retail customer in the region. Ramco provided an integrated solution that could replace the disparate HRIS systems in each country, which were working in silos.
• Hitachi Energy used Ramco to build a unified payroll model spanning 20 countries and 8,000 employees. Ramco enabled Hitachi Energy to supplement and empower its retained payroll resources and amplify its expertise across countries.
• Aurecon, an Asia Pacific engineering consultancy, went live on Ramco Payce this year, replacing legacy payroll processes across seven Asian markets, including Malaysia, with a single consolidated service. The service covers gross and net pay calculations, retroactive pay and increments, and payslip generation, alongside country-specific statutory compliance. The shift improved payroll accuracy and timeliness and delivered cost efficiencies across payroll and other teams.

Ramco expects the domain knowledge and experience built over three decades in Malaysia to reinforce how the new platform reaches customers across the region.
Hashtag: #RamcoSystems

https://www.ramco.com/
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Ramco Systems

Ramco Systems is a world-class enterprise software product/ platform provider disrupting the market with its multi-tenant cloud and mobile-based enterprise software, successfully driving innovation for over 30 years. Over the years, Ramco has maintained a consistent track record of serving 800+ customers globally with 2 million+ users, and delivering tangible business value in Global Payroll, Aviation, Aerospace & Defense, and ERP. Ramco’s key differentiator is its innovative approach to develop products through its revolutionary enterprise application assembly and delivery platform. On the innovation front, Ramco is leveraging cutting edge technologies around Artificial Intelligence, Machine Learning, RPA and Blockchain, amongst the others, to help organizations embrace digital transformation.

For more information, please visit https://www.ramco.com/

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Passenger-car exports reached more than 6.2 million units between January and August, according to the China Association of Automobile Manufacturers, already topping the roughly 6.04 million passenger vehicles exported during 2025. August shipments alone climbed 67.1% from a year earlier to about 890,000 units.

The milestone highlights how overseas demand has become an increasingly important outlet for China’s automotive manufacturing capacity while its home market weakens. Domestic passenger-car sales fell sharply in August, even as manufacturers pushed record volumes into foreign markets.

Exports of passenger vehicles measured by the China Passenger Car Association rose 77.5% year on year in August to 894,000 units. The association’s figures, compiled on a different basis from those of the broader industry group, also showed particularly rapid growth in exports of battery-electric and plug-in hybrid vehicles, which rose 154.7% from a year earlier.

China’s wider vehicle export sector has expanded at a pace well above expectations set at the start of the year. Total vehicle exports exceeded one million units in a single month for the first time in June and remained above that level in July. The first half alone produced 5.096 million vehicle exports, up 65.3% from a year earlier.

New-energy vehicles have supplied much of the increase. Exports of such vehicles reached 553,000 units in July, up about 150% year on year, after crossing 500,000 for the first time in June. During the first seven months, China exported 2.909 million new-energy vehicles, more than double the level a year earlier.

Conventional fuel vehicles also continued to contribute. July exports of petrol and diesel vehicles totalled about 490,000 units, up 40% from a year earlier, showing that the overseas expansion is not confined to electric models.

The surge has pushed full-year expectations higher. S&P Global Ratings expects China’s passenger-vehicle exports to grow by roughly 50% to 70% this year. The China Passenger Car Association has projected overall vehicle exports could reach about 12 million units in 2026 if the current pace is sustained.

That trajectory would place exports far above the industry’s own initial forecast. CAAM said in January that it expected total vehicle exports of about 7.4 million units this year, an increase of just 4.3% from 2025, when all vehicle exports exceeded seven million.

Manufacturers are increasingly relying on international markets as sales at home come under pressure from softer consumer demand and intense price competition. BYD and Geely have been among the companies reporting record overseas deliveries, while other producers are accelerating plans to sell or manufacture vehicles outside China.

Europe, Latin America, Southeast Asia, the Middle East and Africa have become major destinations as companies diversify away from markets where tariffs are high. Chinese-built electric vehicles face additional duties in the European Union, while access to the United States remains constrained by steep tariffs and regulatory barriers.

Automakers have responded by building assembly plants and manufacturing bases abroad, a strategy that can reduce shipping costs, shorten delivery times and, depending on local rules, limit exposure to import duties. Several groups are also expanding dealer networks and adapting models to local safety, software and charging requirements.

Beijing has sought to curb practices it says could damage the industry’s overseas reputation. Authorities and industry bodies have urged manufacturers to avoid destructive price competition and disorderly exports as the scale of shipments rises, while companies have pledged to comply with guidance aimed at maintaining fair competition.

The automotive boom is also visible in China’s broader trade figures. Customs data showed the value and volume of car exports both increased by more than 50% during the first eight months, helping lift total goods exports by 14.6% in yuan terms from a year earlier.

  By R. Suryamurthy India’s trade with BRICS has expanded dramatically, but the numbers reveal an uncomfortable imbalance beneath the rhetoric about a multipolar world and alternative financial architecture. Between FY2021 and FY2026, India’s total merchandise trade with the 11-member grouping more than doubled, from $203.1 billion to $417.5 billion. Yet the expansion was overwhelmingly […]

The article Bricks cannot de-dollarise its way out of India’s huge trade imbalance appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).