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    Keralam MVD to introduce Aadhaar OTP verification for 60 more services from Sept 21
    Dissenting creditors alleged family-linked entities cast 61.78 pc votes that cleared Chandra's insolvency plan
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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
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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
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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
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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.
August 28, 2026
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IPO approval enables Jio Platforms to issue fresh equity shares, with proceeds earmarked for subsidiary debt repayment and corporate purposes.
SEBI's final observations enable Jio Platforms Ltd to proceed with an initial public offering comprising up to 27 crore newly issued equity shares. The transaction is structured as a fresh issue of shares. Offer proceeds are primarily allocated towards repayment or prepayment of outstanding borrowings of Reliance Jio Infocomm Ltd, Jio Platforms' material subsidiary, with the balance designated for general corporate purposes.
August 28, 2026
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Gold price volatility intensified as dollar strength, profit-booking, and customs-duty-cut reports pressured domestic bullion markets.
Domestic bullion prices declined for a third consecutive session as a stronger US dollar and sustained profit-booking after a recent rally weakened gold and silver. Gold fell sharply in the national capital and silver also declined in domestic trading, with the three-day movement reflecting ongoing price volatility in the bullion market. International spot gold remained marginally lower while investors awaited policy-related remarks concerning inflation and elevated yields.
August 28, 2026
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Direct benefit transfer strengthens welfare delivery through Jan Dhan accounts, digital payments, reduced intermediaries, and expanded financial inclusion.
Direct Benefit Transfer has transferred welfare benefits directly to beneficiaries, largely through Jan Dhan accounts, reducing intermediaries and supporting transparent delivery. The Pradhan Mantri Jan Dhan Yojana provides unbanked adults basic accounts without minimum-balance or maintenance-charge requirements, along with RuPay debit cards, accident insurance coverage, and emergency overdraft access. Banking outlets, digital-payment infrastructure, and Bank Mitras extend formal financial services to women, rural and semi-urban communities, strengthening financial inclusion and participation in the formal economy.

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Address to the Nation by the President of India, H.E. Smt. Pratibha Devisingh Patil on the eve of the 65th Independence Day

August 15, 2011

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Following is the text of the President of India, Smt. Pratibha Devisingh Patil’s address to the Nation by on the eve of the 65th Independence Day:

"Dear Citizens,

As I speak to you on the eve of our 65th Independence Day, I extend my warmest greetings to all of you living in India and overseas.  To the members of our Armed Forces and Para-military forces who guard our frontiers, and our internal security forces, I extend special greetings. 

This significant day in our nation’s calendar takes us back to the events that made our country, a free nation.  It is to Mahatma Gandhi - the Father of our Nation, to all the other leaders of our freedom movement, and to the millions of people of our country, who fought with bravery and courage, that we pay homage. Our independence was won on the principles of truth and non-violence. It is this, as well as the transformational impact it had in other parts of the world, that makes our freedom struggle exceptional.  In Asia and in Africa, voices of freedom against oppression and colonial power, were encouraged by India’s example.  We can be proud that we all belong to a country that has proved its greatness through values, which have found such a wide resonance.  We, as the inheritors of that great legacy, carry a responsibility to stand by truth and justice; to continue to conduct ourselves, in a manner that is in consonance, with India’s standing, as a progressive and responsible country, where values of democracy, harmony and tolerance are deeply embedded.

                Today, our nation stands at a threshold.  There are important issues on which we must focus, and as we do so, keep in mind that these are times, when we should also be on our guard, about not straying away from our main objective, of strengthening the nation in its many aspects.  This is a time for introspection, a time to take well thought out measures, and to prepare well for the future.  There have been occasions earlier, when confronted with many questions, we did find answers.  The real strength of a nation is judged not by the challenges it faces, but by its responses.  Therefore, as we analyze, make policies, legislate, implement schemes and enforce laws, we must not, forget that the purpose of all our efforts is to move on the path of progress while ensuring that morals and ethics in our society do not get eroded.

                India is the world’s largest democracy. The country has performed well economically with a growth rate of 8.6 percent last year.  We are committed to the welfare of all and are pursuing an inclusive growth agenda. There is much promise, much potential, much hope and much optimism about our future prospects.  I point this out so that, as we deal with the challenges, we should not be unmindful of either our achievements; or of our past; or the principles on which our freedom, Constitution and democracy rest; or very importantly, of our future.  Our actions today, our decisions today, will fashion our tomorrow.  A deep sense of responsibility is a call of our times.  All institutions and all citizens, have to demonstrate great maturity and, if I may say so, a degree of self-restraint, as we deal with our problems.

Corruption is a cancer affecting our nation’s political, economic, cultural and social life. It is necessary to eliminate it.  Government, Parliament, Judiciary and society at large, should ponder about this, and find out ways to handle it in a manner that is practical, implementable and sustainable.  There cannot be just one panacea or remedy to deal with it, but a system of transparency and accountability should be put in place at various levels, and, then, effectively enforced. It would require preventive and punitive measures, as well as adoption of rational approaches as we pursue the anti-corruption agenda.  India is known for its sobriety and wisdom, balanced and sensible thinking.   As is said in one of our shlokas, “अति सर्वत्र वर्जयेत ”, which means that anything in extreme should be avoided.   We need strong institutions and we need good governance in the country.  Our institutions need to be fortified and our governance constantly improved. We should analyze the situation and find considered solutions to address the challenges we are facing in a thoughtful manner. 

                As we look at our past performance, we can draw strength from the fact, that the framework of our Constitution has served us well.  The institutions created by it - the Executive, the Legislature and the Judiciary - have been stable and have achieved much.  The separation of powers, the elaborate system of checks and balances, have given our country a governance structure in which equilibrium is maintained, when every institution respects the field of responsibility of the others.  Credibility of institutions depends upon their conduct, which must be in accordance with the constitutional framework. We should strengthen them and their ability to take corrective actions, whenever required.  There should be no effort, consciously or otherwise, that will lead to the erosion of institutional credibility and authority.

Dear Citizens,

Parliament represents people from all parts of our country and a broad spectrum of political thought. Its legislation is an outcome of collective thinking and application of minds. Many path-breaking laws have been made by the Parliament of our country.  New laws will also be formulated by legislative bodies.  There can be discussions, debates, discourses among the people of the country for public opinion to emerge, which is an essential input in a true democracy. The different shades of opinion should be channelized, through elected representatives for the formulation of necessary legislation.  We should not forget that we have to preserve the democratic values of our country and, for this, healthy conventions of parliamentary procedures should be upheld. Members of Parliament can contribute immensely to issues of national development.  There are several instances of commendable initiatives being taken by our elected representatives, including one where young Parliamentarians in the country have come together, cutting across all party lines, to work on malnutrition. I appreciate these initiatives. There is possibility of other such issues which could be collectively addressed by Parliamentarians belonging to all political parties.

Moreover, I strongly feel good electoral practices are linked with a strong functional democracy. Various proposals have been made, from time to time, to reform the electoral process, including on State funding of elections and debarring the participation of criminals in elections.  These should be examined early for adoption as a part of our efforts to further enhance the healthy functioning of our democracy and to cleanse the system.

Dear Citizens,

The Census has just been completed in our country.  We are now a nation of 1.2 billion, constituting about a sixth of the global population. We will reap a demographic dividend, only when our population is educated and equipped with the necessary skills.  This entails a focus on education and skill development, to build their capacities to meet the requirements of the nation.  They can add immensely to India’s economy - in the service sector, cutting edge technologies, manufacturing, industry, and agriculture. We are a country shaped by the experiences, sacrifices and hard work of our citizens.   Indians have shown tremendous enterprise and there are many success stories.  They have earned goodwill for the country wherever they are working or they are settled.  They have done us proud.  Moreover, we must inculcate respect for pluralism, harmonious living and compassion, all of which are a part of our legacy of always upholding the highest human values. 

 

The underlying purpose of our work is to provide to all citizens, opportunities of progress and to eradicate poverty, hunger, disease and illiteracy. I have always said that, it is a growing Gross Domestic Product along with the welfare of the people, that are the twin pillars of a progressive nation. Today, anti-poverty programmes, social welfare schemes, and a commitment to ensure food security, form the core of our inclusive agenda strategy.  There are also a host of special economic packages for the under-developed regions of our nation. Welfare schemes create an entitlement for individuals belonging to identified groups.  Delivering the benefits to them is our duty and lack of delivery, a failure. Government efforts need to be supported by voluntary agencies, NGOs and, indeed, by citizens themselves who can be development partners of the Government. Implementation needs to be done in a transparent manner and by creating accountability and integrity in functioning. The country cannot afford the loss of resources meant for its development.  

We must persist with our efforts to bridge differentials in economic growth in the country. 68 percent of our population continues to reside in rural areas with a majority dependent on agriculture. Yet, agriculture is one area where we are yet to reach full potential.  We need a model to revolutionalize agriculture, from the time when agricultural operations start, till harvest is reaped and beyond, where post-harvest processing aspects are addressed.  Institutions linked to making available credit, seeds, fertilizers and pesticides, have to be pro-active and work in co-ordination with each other.  There should be greater use of technology in the agricultural sector to enhance productivity. Also, issues and problems relating to dry land farming, including labour shortage require to be addressed in a focused manner. We may need to examine whether existing rural employment programmes, can be utilized for agricultural land of farmers, whether small holders or otherwise, in rainfed areas.  This will help to stabilize agriculture in these areas.  At the same time, warehousing and cold storage facilities for agricultural produce in the country require to be augmented. Decentralized warehousing will make food distribution not only easier and quicker, but it would be a low cost option that also cuts on wastage during transportation. I have on several occasions called on the corporate sector, as well as small and medium enterprises to seriously engage with agriculturists and farmers, particularly in the rainfed areas, to avail of the many opportunities of working together for mutual benefit.  Let the public sector entities take the lead in this regard.  The integration of agriculture with the other sectors of the economy would not only be useful for agriculture, but would generate positive impulses in other sectors as well.

                Our Census sadly shows that there has been a decline in the gender ratio in the 0 to 6 age group.  It has touched a low level of 914 girls as compared to a 1000 boys.  It reflects the continuing preference of boys in our society and the bias against the girl child. We need to fight social prejudices which have resulted in this situation, and also work to eradicate the practices of dowry, child marriage and female foeticide, which we are continuing to battle even in the 21st Century.  Let each citizen of the country vow to fight these social evils.  There are laws against them but we need to ensure compliance and create awareness.  Moreover, crime against women needs to be dealt with most sternly.  Women and men are the two wheels of the chariot of the nation and both need to be strong. Women have tremendous capabilities and capacities to contribute in any field, when given an opportunity.  We have seen the success of the movement of the Self Help Groups in our country.  Eighty percent of them are all-women groups.  They operate at the lower rung of the economic strata and carry out activities on a limited scale.  These groups have provided women not only with possibilities of income generating activity, but have given them confidence and a sense of self-esteem. Government should pro-actively take measures to universalize this movement, which will be beneficial to our agenda of women’s empowerment. 

Dear Citizens,

Events of far reaching consequences are taking place in the world. In a globalised world, these developments have ramifications beyond borders.  We are all aware of the consequences of the global financial meltdown of 2008. Uncertainty is again confronting the world economy, and would need to be tackled through co-ordinated global action, as also by suitable precautionary measures in our country.  Our economy has fundamental strength and resilience, and its large domestic market can help it maintain steady growth rates. However, price rise is an issue engaging our attention, and would have to be dealt with.  Rising prices affects families and especially those of our fellow citizens living below the poverty line.  Efforts must be made to find ways and means to soften the impact of inflation, so that the benefits of growth are not blunted.

Also, we are all aware of the threats that terrorism is posing to peace everywhere.  The attack in Mumbai last month is yet another grim reminder of the destruction that can be caused by terrorism.  We need to be ever-vigilant, to fight this menace which is a global phenomenon. 

Dear Citizens,

I recall the words of Swami Vivekanand, “this national ship of ours my countrymen, has been plying for ages, carrying civilization and enriching the whole world with its inestimable treasures.” Dear Citizens, the challenge for us, is how effectively we carry forward the nation from now onwards.  Let history be the judge that during our time, we found the right answers to the challenges we faced, and acquitted ourselves with dignity and continued to work with unity, to build the India of our dreams.  

Dawn will break tomorrow and our flag will flutter.  Whatever task you are doing in the interest of the country  is important, and I call on all citizens to pledge, that they will work with full commitment and dedication, honesty and integrity and with a sense of pride.  If we do this, there is much that we will be able to achieve as a nation.

With these words, I wish all citizens the very best on the occasion of Independence Day.

 

Jai Hind!"

 

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