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    DRI seizes around 18 Kg Amphetamine and MDMA in two operations as it intensifies crackdown on synthetic drugs; Four persons arrested
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August 31, 2026
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Synthetic-drug trafficking enforcement targets rail-borne amphetamine and MDMA consignments through baggage interceptions, seizures, follow-up delivery operations, and arrests.
Synthetic-drug trafficking enforcement involved two intelligence-led railway-station operations targeting amphetamine and MDMA transportation and receipt. Baggage intercepted at Bengaluru contained a crystalline substance preliminarily indicating amphetamine, while a separate Pune interception recovered substances purported to be amphetamine and MDMA tablets. The contraband and related packing material were seized under the Narcotic Drugs and Psychotropic Substances Act, 1985. Follow-up delivery action identified alleged receivers, and the carriers and alleged receivers were arrested under that statutory framework.
August 31, 2026
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India-Chile CEPA negotiations seek a balanced framework to expand trade, investment, technology cooperation and resilient supply chains.
India-Chile CEPA negotiations are being advanced toward conclusion by the end of the year through a balanced and commercially meaningful framework. The proposed partnership is intended to strengthen bilateral economic ties, expand trade and investment, and create equitable opportunities for businesses and people in both countries. Cooperation is envisaged in technology, talent and resilient supply chains, alongside enhanced engagement in healthcare, pharmaceuticals, energy, minerals, agriculture, machinery and engineering.
August 30, 2026
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Sugar price controls face persistent retail and wholesale price firmness despite duty-free imports, stockholding restrictions, and export prohibition.
Sugar retail and wholesale prices remained elevated despite measures intended to curb price increases, including duty-free imports of raw sugar, tighter stockholding norms for bulk users and dealers, and a prohibition on sugar exports. Ex-mill rates declined following the permitted duty-free imports, although customary margins continued between ex-mill, wholesale, and retail prices. Projected sugar production is lower than earlier estimates, while annual domestic demand remains substantial.
August 30, 2026
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Aadhaar OTP verification expands online vehicle and licensing services, reducing physical visits and curbing intermediary exploitation.
Aadhaar-based OTP verification will be extended to additional vehicle- and driving-licence-related services through the Vahan and Sarathi portals. The digital arrangement is intended to reduce physical visits to transport offices, prevent intermediary exploitation arising from delayed processing, and enable applications to be processed on a first-come, first-served basis. Physical attendance will remain necessary for vehicle inspections, identification of legal heirs, personal hearings, and authentication where Aadhaar OTP verification fails.
August 30, 2026
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Related-party creditor voting in personal insolvency turned on whether the debtor held majority ownership or direct board control.
Dissenting lenders challenged the admission and voting rights of five creditors alleged to be family-linked associate or related entities, contending that their voting share enabled approval of a personal insolvency repayment plan. They alleged invalid post-moratorium guarantee invocations, undisclosed liabilities, inadequate claim scrutiny and incorrect voting-share computation. The third member rejected the voting-rights challenge, treating associate status as requiring the debtor's personal majority shareholding or direct board control, and accepted the repayment plan.
August 30, 2026
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Examination continuity and candidate fairness require re-examination where power failures prevent completion, alongside review of infrastructure accountability.
NEET-PG 2026 examination continuity was disrupted for candidates at two Jaipur centres because of internal power-supply failures attributable to the technological partner and examination-conducting agency. A re-examination has been scheduled for the affected candidates, with the venue and revised admit cards to be communicated separately. Action against the entities responsible for ensuring adequate examination infrastructure is under consideration.
August 30, 2026
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Women's monthly assistance eligibility restricts benefits to qualifying households and channels payments through deposits or restricted digital wallets.
Delhi Lakshmi Yojana provides monthly financial assistance to eligible women through recurring deposits and restricted Central Bank Digital Currency wallets. Recurring deposits are locked until July 31, 2029, subject to possible review of the maturity period after two years from launch. Eligibility requires a qualifying woman to be the eldest female family member, meet income, residence and voter-registration requirements, and satisfy household restrictions. Income-tax payers, GST filers, government employees, higher-electricity-consuming households and four-wheeler-owning households are excluded.
August 30, 2026
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Gasoline trade amid refinery disruptions relies on sanctioned fleets and dark ship-to-ship transfers, alongside continuing fuel export restrictions.
Russian refinery disruption has increased gasoline imports and made India a significant supplier of gasoline to Russia. Indian supplies were principally linked to the Vadinar refinery, and increased Indian purchases of Russian crude may mean exported gasoline was produced from Russian crude. Russia has retained a gasoline export ban while domestic production remains disrupted. India-origin cargoes imported during August were carried on sanctioned fleets and involved dark ship-to-ship transfers, including transfers conducted with automatic identification system signals switched off.
August 30, 2026
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Digital arrest fraud: judicial responses seek a distinct offence while preserving due process and proportionality in economic-crime enforcement.
Suo motu consideration of digital-arrest fraud reflects a proactive judicial response to video-call scams involving impersonation of police, judicial officials or bureaucrats. The Union and the States have been directed to assess the problem, with a call for a distinct offence carrying proportionate penalties. Economic-crime enforcement remains subject to safeguards requiring written grounds of arrest and preventing pre-trial detention from becoming punishment. Due process, proportionality and the presumption of innocence remain central constraints.
August 29, 2026
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Natural justice in licensing enforcement requires meaningful hearing and reasoned orders before cancellation or suspension of regulated operations.
Natural justice in regulatory licensing enforcement requires a meaningful hearing, proper legal analysis, and a reasoned decision before licence cancellation or suspension. Maharashtra FDA withdrew cancellation of drug-sale licences after criticism of the procedure adopted. Food-safety enforcement against restaurants was also reconsidered where the premises were substantially compliant, despite licences being issued to one entity and operations being conducted by another. A fresh notice, hearing on the contractual arrangement, and reasoned order were required before further licensing action.
August 29, 2026
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Food-safety licensing compliance supports reopening while contractual operation requires notice, hearing, and a reasoned regulatory decision.
Food-safety licence suspension of five eateries was reconsidered after a fresh inspection recorded 88 per cent compliance. The suspension had continued because a third-party operator ran the eateries while licences remained in the association's name, despite no identified legal prohibition. The Food and Drug Administration proposed a fresh notice, hearing, and reasoned order on the contractual arrangement, while current compliance permitted services to resume.
August 29, 2026
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Market access and regulatory cooperation advance agricultural, pharmaceutical, digital, and trade integration priorities across the bilateral economic partnership.
India-Argentina cooperation focused on expanding bilateral trade, reducing non-tariff barriers, facilitating investment, and strengthening market access. Sanitary and phytosanitary discussions progressed for Indian agricultural products, while pharmaceutical engagement covered regulatory upgrading and reduced entry barriers. Mining and lithium-sector engagement, digital services, space technology, telecommunications, artificial intelligence and digital infrastructure were identified as priority areas. The India-MERCOSUR Preferential Trade Agreement, Terms of Reference and digital certificates of origin were considered mechanisms for trade facilitation and economic integration. Business discussions addressed commercial partnerships across agriculture, minerals, energy, pharmaceuticals, healthcare, banking and telecommunications.
August 29, 2026
Show AI Summary
Shared digital infrastructure for professional services aims to expand technology access, interoperability, capability development and secure adoption across firms.
MCA and IICA are developing a government-backed digital public good ecosystem for domestic professional services, particularly small and medium practices. The framework proposes curated technology access, learning and capability development, and knowledge and practice infrastructure. It is intended to improve access to technology and professional knowledge while complementing existing institutional and market-based systems. Consultations address interoperability, common standards, cybersecurity, affordable access, implementation, change management, openness, competition and technology adoption suited to differing levels of digital readiness.
August 29, 2026
Show AI Summary
Methamphetamine trafficking enforcement targets concealed cross-border transport, with seizures, vehicle confiscation, arrests and stringent penalties under narcotics law.
Methamphetamine trafficking enforcement under the Narcotic Drugs and Psychotropic Substances Act, 1985 involved intelligence-led seizures of tablets in Assam and Mizoram, along with the vehicles allegedly used for transportation and arrests of two vehicle occupants. Field testing indicated the presence of amphetamine. The tablets were concealed in fabricated cavities within a truck and car, with preliminary investigation indicating alleged cross-border smuggling into Mizoram. Methamphetamine is a notified psychotropic substance, and illicit manufacture, possession, transportation and trafficking attract stringent penal consequences.
August 29, 2026
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IPO disclosure integrity triggers one-year market access bar for issuer and promoter-directors over fabricated quotation and misleading financial disclosures.
SEBI restrained Trafiksol ITS Technologies Ltd. and its promoter-directors from accessing or dealing in the securities market for one year and imposed monetary penalties over irregularities in its SME IPO. The action concerned overstated financial disclosures, inadequate disclosure of issue expenditure and a potential merchant-banker conflict, and proposed use of IPO proceeds based on a fabricated software-vendor quotation. The listing was deferred and IPO proceeds were placed in an interest-bearing escrow account. One promoter was directly involved in procuring the quotation, while the other failed to exercise due diligence.
August 29, 2026
Show AI Summary
Securities market fraud involving fictitious transactions triggered market bans, disgorgement, fund restoration, and governance restrictions.
SEBI imposed securities-market restrictions, disgorgement directions and monetary penalties in relation to alleged accounting fraud involving fictitious sales, purchases, circular transactions and fraudulent ledger entries. The alleged inflation of financial results facilitated migration to the NSE main board and was followed by fraudulent preferential allotments, a bonus issue and a rights issue. Rights issue proceeds were found to have been diverted, requiring restoration with applicable interest. The company and its managing director received seven-year market prohibitions, with additional governance restrictions applying to the managing director.
August 28, 2026
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Insolvency debt settlements: political criticism alleges severe creditor haircuts favour influential corporate borrowers over ordinary debtors.
CPI(M) criticised approval of a repayment plan involving Zee Group founder Subhash Chandra, asserting that repayment of Rs 6.5 crore against creditor claims of Rs 22,006.57 crore undermines fairness in insolvency debt settlement. It alleged severe creditor haircuts and bias favouring influential corporate borrowers. The party linked the settlement to an alleged pattern of large borrowers resolving liabilities at steep discounts, shifting the burden to taxpayers and small depositors while smaller borrowers face coercive recovery measures.
August 28, 2026
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Corporate governance requires company secretaries to promote ethical practices, transparency, responsibility and institutional accountability across economic ecosystems.
Good corporate governance is central to development and depends on responsible governance, ethical practices, transparency, institutional accountability and professional excellence. Company Secretaries have an expanding role in strengthening governance practices through professional expertise. Professional institutions should promote governance standards, support institutional excellence, and evolve their practices in response to changing requirements. Their wider contribution lies in fostering a culture of ethical entrepreneurship, responsibility, transparency and sound governance.
August 28, 2026
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Proceeds-of-crime tracing prompts freezing of deposits linked to structured disposal of foreign property in a bank-loan fraud investigation.
Money-laundering investigation into alleged bank-loan fraud involving DHFL has resulted in the freezing of bank deposits held by Al Jalore Trading FZE under the Prevention of Money Laundering Act. A United Kingdom property was allegedly disposed of through a purported loan arrangement that created an encumbrance to settle an Indian liability. Sale proceeds were credited to Al Jalore Trading FZE's Indian bank account rather than to the registered owner, indicating alleged dissipation of proceeds of crime through a structured foreign-property transaction.
August 28, 2026
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Defence export authorisation reform streamlines consultations, expands unified licences, and facilitates eligible exporters' access to international markets.
Open General Export Licence arrangements permit eligible exporters to self-generate authorisations for multiple consignments of specified defence items without obtaining separate authorisation for each consignment. Three existing licence procedures are consolidated into a unified framework. Licence validity is extended to three years, and territorial coverage is expanded to all countries other than negative or sensitive nations and destinations subject to United Nations Security Council sanctions or arms embargoes. Eligible companies with long-term foreign original equipment manufacturer agreements may obtain licences aligned with the underlying contract, subject to prescribed conditions.

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Customs, DGFT & SEZ

Data on ECB/FCCB for September 2010

December 1, 2010

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The Reserve Bank of India has released the data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB), both through Automatic Route and Approval Route, for the month of September 2010.

Data on ECB/FCCB for the month of September 2010

* I AUTOMATIC ROUTE

 

ECB/ FCCB

Borrower

Equivalent Amount in USD

Purpose

Maturity Period (Appx)

1

ECB

Acclaris Business Solutions Pvt. Ltd.   #

538,726

Modernisation

6 Years 10 Months

2

ECB

Dozco (India) Pvt. Ltd.    #

1,000,000

General Corporate Purpose

3 Years

3

ECB

Dozco (India) Pvt. Ltd.    #

500,000

General Corporate Purpose

3 Years 10 Months

4

ECB

Dozco (India) Pvt. Ltd.    #

1,150,000

General Corporate Purpose

3 Years 1 Month

5

ECB

Dozco (India) Pvt. Ltd.    #

1,200,000

General Corporate Purpose

3 Years 6 Months

6

ECB

Rosti Technical Plastics (India) Pvt. Ltd

5,000,000

Import of Capital Goods

4 Years 9 Months

7

ECB

Divekar Wallstabe & Schneider Precision Seals  Pvt. Ltd.

1,534,624

Rupee Expenditure Local Capital Goods

5 Years 7 Months

8

ECB

Johnson Matthey India Pvt. Ltd.

7,304,816

Import of Capital Goods

3 Years 4 Months

9

ECB

Jhajjar Power Ltd.

100,000,000

Power

13 Years 2 Months

10

ECB

IPCA Laboratories Ltd. 

10,000,000

Rupee Expenditure Local Capital Goods

4 Years

11

ECB

Tag Offshore Ltd.

5,200,000

Import of Capital Goods

8 Years 4 Months

12

ECB

Johnson Matthey Chemicals (India) Pvt.Ltd

6,261,271

Modernisation

3 Years 3 Months

13

ECB

Coromandel International Ltd.

10,000,000

Rupee Expenditure Local Capital Goods

5 Years 4 Months

14

ECB

Inox Air Products Ltd.

8,000,000

Rupee Expenditure Local Capital Goods

6 Years 1 Month

15

ECB

Krishna Ishizaki Auto Ltd.

2,959,922

Import of Capital Goods 

8 Years 8 Months

16

ECB

Westfalia Metal Components India Pvt. Ltd.

260,886

New Project

4 Years 2 Months

17

ECB

Torrecid India Pvt. Ltd.

500,000

Rupee Expenditure Local Capital Goods

3 Years 1 Month

18

ECB

Posco Maharashtra Steel Pvt. Ltd.

143,000,000

Import of Capital Goods

8 Years 1 Month

19

ECB

Jhajjar Power Ltd.

188,000,000

Power

13 Years 1 Month

20

ECB

Advik Hitech Pvt. Ltd.

2,500,000

Rupee Expenditure Local Capital Goods

5 Years

21

ECB

Nagata India Pvt.Ltd. 

1,101,979

Import of Capital Goods

5 Years

22

ECB

HPCL Mittal Energy Ltd.

43,639,494

New Project

10 Years 1 Month

23

ECB

Supreme Industries Ltd 

10,000,000

Import of Capital Goods

4 Years

24

ECB

TVS Energy Ltd.

10,763,461

New Project

11 Years

25

ECB

Alkem Laboratories Ltd.

15,000,000

Rupee Expenditure Local Capital Goods 

4 Years

26

ECB

Ampacet Speciality Products Pvt. Ltd.

6,522,157

Import of Capital Goods

5 Years 7 Months

27

ECB

Triton Valves Ltd.

3,200,000

Rupee Expenditure Local Capital Goods

5 Years

28

ECB

Dhunseri Petrochem & Tea Ltd.

36,000,000

Modernisation

9 Years 1 Month

29

ECB

Power Finance Corporation Ltd.

240,000,000

Power

6 Years 1 Month

30

ECB

Mapal India Pvt.Ltd.

652,216

New Project

4 Years 4 Months

31

ECB

Honda Siel Cars India Ltd.

20,000,000

Rupee Expenditure Local Capital Goods

3 Years 4 Months

32

ECB

Aurobindo Pharma Ltd.

40,000,000

Modernisation

5 Years 3 Months

33

ECB

Powerica Ltd.

10,000,000

Power

3 Years

34

ECB

Rane Brake Lining Ltd 

4,200,000

Modernisation

5 Years

35

ECB

Ensto India Pvt. Ltd.

456,551

New Project

5 Years

36

ECB

Jay Shree Tea & Industries Ltd.

10,000,000

Rupee Expenditure Local Capital Goods

3 Years 3 Months

37

ECB

NTN NEI Manufacturing India Pvt.Ltd

2,723,128

Import of Capital Goods

6 Years 1 Month

38

ECB

Positive Packaging Industries Ltd

3,000,000

Modernisation

5 Years

39

ECB

Sterling Agro Industries Ltd.

17,167,548

Power

5 Years 11 Months

40

ECB

Citrix R&D India Pvt Ltd.

2,400,000

Modernisation

6 Years 11 Months

41

ECB

Foods Fats & Fertilizers Ltd.

3,300,000

Rupee Expenditure Local Capital Goods

5 Years

42

ECB

Baxter (India) Private Limited.

25,720,000

Rupee Expenditure Local Capital Goods

12 Years 2 Months

43

ECB

Nagarjuna Fertilisers & Chemicals Ltd.

12,431,673

Power

8 Years 6 Months

44

ECB

Star Panel Boards Ltd.

1,434,875

Import of Capital Goods

4 Years 1 Month

45

ECB

Ceekay Daikin Ltd.

4,200,000

Rupee Expenditure Local Capital Goods

4 Years 9 Months

46

ECB

Asian Hotels (North) Ltd.

53,000,000

Overseas Acquisition

8 Years 1 Month

47

ECB

Himadri Chemicals & Industries Ltd.

9,175,759

Power

9 Years 11 Months

48

ECB

Adani Power Ltd.

25,000,000

Power

6 Years 4 Months

49

ECB

Inox Air Products Ltd.

12,000,000

Rupee Expenditure Local Capital Goods

6 Years 1 Month

50

ECB

Bajajsons Limited

2,750,000

Rupee Expenditure Local Capital Goods

5 Years 3 Months

51

ECB

Riddhi Siddhi Gluco Biols Ltd.

10,112,278

Rupee Expenditure Local Capital Goods

9 Years 7 Months

52

ECB

Sangsin Brake India Pvt. Ltd.

2,500,000

Import of Capital Goods

4 Years

53

ECB

BMW India Pvt. Ltd.

19,566,472

Modernisation

4 Years

54

ECB

Mobis India Limited

20,000,000

Rupee Expenditure Local Capital Goods

3 Years 1 Month

 

 

Automatic Route Total

1,172,927,837

 

 

* Based on Form 83 submitted for allotment of Loan Registration Number

# clarifications sought from the company in regard to conformity with end-use requirement, eligibility of the borrower and other parameters of ECB

 

II APPROVAL ROUTE

1

ECB

LCP Building Products Pvt.Ltd.

449,256

Construction of Factory Building

9 Years 1 Month

2

ECB

Agilent Technologies (International) Pvt.Ltd.

2,000,000

Rupee Expenditure Local Capital Goods

4 Years

3

ECB

Rural Electrification Corporation Ltd.

400,000,000

Power

5 Years

4

ECB

IDEA Cellular Ltd.

150,000,000

Refinance of INR loan 3-G Spectrum Fee

5 Years 1 Month

5

ECB

Reliance Industries Ltd.

1,000,000,000

Import of Capital Goods and Services

7 Years 1 Month

6

ECB

Indian Railway Finance Corporation Ltd.

350,000,000

Rupee Expenditure Local Capital Goods

5 Years

7

ECB

Cashpor Micro Credit

652,216

Onward/Sub-lending.

8 Years 1 Month

8

ECB

Ocean Sparkle Ltd

15,000,000

Import of Capital Goods

7 Years 2 Month

 

 

Approval Route Total

1,918,101,472

 

 

 

 

Grand Total

3,091,029,309

 

 

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Acts Income Tax