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    NUMR Inc. helps deliver Axis Bank's data-driven excellence in customer experience
    ED can't add old FIR to Enforcement Case Information Report to sustain PMLA proceedings: Delhi HC
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    VinFast India Partners with Federal Bank to Strengthen Dealer Financing Ecosystem
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August 21, 2026
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Customer experience analytics enables banks to convert real-time feedback into operational improvements across high-value customer journeys.
Customer experience analytics is used in banking to transform customer data and real-time feedback into operational improvements across key customer journeys. Operational teams retain responsibility for strategy and execution, supported by in-house analytics and technology platforms for multi-channel journey mapping, journey analytics and prioritisation of high-value customer segments. AI-driven customer experience management tools capture customer signals, analyse journey performance and operationalise actionable insights across teams.
August 21, 2026
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Predicate-offence dependency limits retrospective addition of old FIRs to preserve money-laundering proceedings after the original scheduled offence is closed.
Predicate-offence dependency under the Prevention of Money Laundering Act requires an ECIR to rest on a subsisting scheduled offence. Closure of the FIR forming its basis through an accepted cancellation report prevents continuation of money-laundering proceedings unless that closure is overturned. A previously registered FIR cannot be belatedly added merely to preserve an existing ECIR and coercive powers. Where statutory requirements are met, an independently registered ECIR may be required. Expansion of an ECIR cannot rest solely on tenuous factual links between successive disputes.
August 21, 2026
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Indian rupee export invoicing rules now permit overseas contracts and invoices in rupees or foreign currency for eligible destinations.
Foreign Trade Policy provisions were amended to facilitate invoicing of overseas exports and receipt of export payments in Indian rupees. For exports to countries outside the Asian Clearing Union, export contracts and invoices may be denominated in Indian rupees or any foreign currency, replacing the earlier general requirement that export earnings be received in a freely convertible currency. The applicable requirements vary according to the destination country.
August 21, 2026
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Dealer inventory financing supports working-capital flexibility, vehicle inventory management and electric-vehicle network expansion for authorised dealers.
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August 21, 2026
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Sugar supply pressures drive festive-season price increases as imports, stockholding limits and ethanol diversion shape market conditions.
Sugar prices in Bengal have risen sharply ahead of the festive season, with higher prices also affecting jaggery and other sugar-derived products. Supply constraints, mill stock releases, lower production in Brazil, ethanol diversion and possible hoarding have been identified as contributing factors. Raw-sugar imports have been permitted to augment availability, while stockholding restrictions limit inventories of specified bulk consumers. Lower projected closing stocks and possible future production effects from El Nino may sustain pressure on sugar availability and increase costs for sweetmeat producers.
August 21, 2026
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Foreign currency inflows and FCNR(B) deposits supported rupee sentiment, while oil prices and geopolitical risks constrained currency strength.
The rupee strengthened marginally against the US dollar as the dollar index softened, but elevated crude oil prices, geopolitical uncertainty, reduced foreign participation and net foreign equity outflows constrained currency sentiment. RBI measures to attract foreign currency inflows, including FCNR(B) deposits, were expected to generate substantial inflows, although these had not produced meaningful rupee strength. Energy-market disruption and restrictions on fuel exports through the Strait of Hormuz added to external-sector pressures.
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August 20, 2026
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Customs enforcement against suspected gold smuggling leads to baggage seizure and apprehension of the alleged intended receiver.
Customs officers intercepted an arriving passenger at the green channel on intelligence inputs and examined baggage after X-ray screening indicated suspicious images. The examination recovered two oval capsules containing gold paste concealed in the baggage. Interrogation indicated that an alleged receiver was waiting outside the airport to collect the suspected smuggled gold. Customs officers apprehended the alleged receiver, and further investigation remains underway.
August 20, 2026
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Provincial alcohol sales restrictions remain subject to economic impact assessment under proposed bilateral trade agreement negotiations.
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August 20, 2026
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Electoral-roll verification found no reported cases of specified foreign nationals receiving identity-linked benefits or voter registration.
Electoral-roll special intensive revision recorded no reported cases of Pakistani, Bangladeshi or Iranian nationals obtaining Aadhaar cards, ration cards, other government benefits, or voter registration. Illegal immigrants are identified through police monitoring, intelligence measures, specialised operations and a Special Task Force. Overstayers are recorded through the District Police Module and Foreigners Identification Portal and produced before Foreigners Regional Registration Officer authorities. Persons found to be residing illegally are reported to the concerned central divisions, proceeded against through registered cases, retained pending case disposal and exit permits, and subjected to deportation steps.
August 20, 2026
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Raw sugar tariff-rate quota permits duty-free imports while bulk consumers face consumption-based sugar stockholding limits.
Raw sugar imports are permitted duty-free under a tariff rate quota until 31 October 2026, with online allocation to eligible millers and refiners having functional refining capacity. Applicants must provide a refining-capacity declaration and supporting Consent to Operate; preference applies to importers undertaking timely completion of imports, while non-utilisation or failure to surrender allocations constitutes non-compliance. Bulk sugar consumers meeting the prescribed consumption threshold are subject to a stock cap of 15 days' consumption from 1 September to 30 November 2026.
August 20, 2026
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Duty-free raw sugar imports under tariff rate quota seek to improve domestic supply and contain rising sugar prices.
Duty-free import of 10 lakh metric tonnes of raw sugar is permitted under a tariff rate quota until 31 October 2026. The import-policy measure seeks to increase domestic raw-sugar availability and restrain rising local prices amid reduced opening stocks. Price-containment measures also include a stockholding limit for bulk consumers using more than 10 tonnes of sugar monthly, restricting holdings to 15 days' consumption.
August 20, 2026
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Reservation policy implementation is strengthened through capacity building, uniform institutional practices, welfare measures, and improved financial accessibility for Divyangjans.
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August 20, 2026
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Multi-Currency EEFC settlements let exporters retain foreign earnings and choose conversion timing for overseas payment obligations.
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August 20, 2026
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Money-laundering allegations over payments without services raise concerns about overseas transfers, identity-linked communications, and mineral smuggling.
Money-laundering allegations concern claimed payments by Cochin Minerals and Rutile Ltd. to Exalogic Solutions Pvt. Ltd., a company promoted by Veena T., without corresponding services. Searches reportedly yielded handwritten material referring to fund transfers to Dubai and digital material relating to a SIM card obtained in another person's name. Further allegations included overseas fund movement, hawala transfers, and possible thorium or monazite smuggling, all presented as allegations requiring examination.
August 20, 2026
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Exchange stabilisation support aims to strengthen foreign-exchange resilience, reduce rollover dependence and restore access to longer-term market financing.
Pakistan has sought a proposed Exchange Stabilisation Support Facility to reinforce foreign-exchange stability and signal currency resilience to international capital markets. The strategy seeks to reduce reliance on short-term bilateral loans, deposits and rollovers by moving towards market-based financing with longer repayment periods. Improving sovereign creditworthiness through engagement with credit-rating agencies is intended to facilitate international market access, lower borrowing costs and enable longer-maturity debt raising.

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Delhi Laws (Special Provisions) Bill, 2011 Passed Sh Kamal Nath Directs DDA to consider Public Feedback before finalizing MPD-2021

December 14, 2011

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Press Information Bureau

Government of India

Ministry of Urban Development

14-December-2011 18:12 IST

The Parliament today passed the “The National Capital Territory of Delhi Laws (Special Provisions) Second Bill, 2011” to make special provisions for the National Capital Territory of Delhi (NCTD) for a further period of three years from 1st January, 2012 to 31st December, 2014. This is in continuation of the National Capital Territory of Delhi Laws (Special Provisions) Act, 2011 which is valid up to 31 December 2011.

The proposed act will provide temporary relief and minimize avoidable hardship and irreparable loss to the people of NCTD, while facilitating realistic revision of Master Plan for Delhi (MPD-2021) and ensuring its smooth implementation by maintaining status quo in the entire National Capital Territory of Delhi.

No punitive action shall be taken till 31st December, 2014, in any area of NCTD provided compliance is made to such directions, as the Central Government may give from time to time, and that any punitive action required to be taken by the local authorities shall be carried only with the specific approval of the Administrator of Delhi.

Despite the protection being provided certain fundamental safety measures such as structural stability, fire safety, etc. as provided under the relevant building bye laws, will not be compromised. Also no relief shall be available from encroachment on public land, except where explicitly covered under the Act.

Urbanisation is a natural part of the developmental process and in the last couple of decades has gathered significant momentum. The urban population has increased from 285 million in 2001 to 400 million in 2011 and by 2030 is likely to reach over 600 million. The number of towns has increased from 5161 in 2001 to 7935 in 2011.

The increase in population of Delhi in the last 20 years has been more than its total population till 1980. Delhi Master Plans, including MPD 2021have not been able to cope with this growth momentum leading to increase in unauthorized colonies, slums and Jhuggi-jhompris and associated problems. 

The current Master Plan for Delhi (MPD-2021) has provided for its review and revision every five years, to account for such modifications and corrections that emerge based on ground realities. The first review of MPD-2021 has already commenced and is expected to lead to the necessary modifications including land use and development norms. Therefore, it is expedient to introduce a legal framework to ensure that no hardship is imposed on people until the revision of Master Plan is completed.

Sh Kamal Nath has directed DDA to create an enabling structure for the receipt of suggestions from the public and to ensure that all suggestions are considered before arriving at the revised Master Plan. DDA has been directed to create Master Plan review cells, each responsible for a particular area of Delhi to be headed by an officer of appropriate seniority. The names of these officers along with other details would be published in newspapers so that the public and other associations may make their representations to them. The public is encouraged to continue sending their suggestions to these officers, irrespective of the last date for receipt of suggestions being over. DDA has also been told to hold “Open House” in each of the areas and visit the areas in order to factor in the ground realities. The DDA would create a designated space on their website, where each and every suggestion would be posted.

In addition to the team created by the Hon’ble LG for the review of MPD – 2021, Minister Nath has constituted an Apex Committee under the Chairmanship of Hon’ble LG. The other members of the Apex Committee would include Secretary (Urban Development), Secretary (HUPA) and Chief Secretary, Delhi. This Apex Committee would formally submit the revised MPD – 2021 for the consideration of the Minister. The Committee may submit its reports and recommendations in parts. It is expected that the first report of the Committee will be submitted to the Ministry of Urban Development not later than June 30, 2012.

It is also proposed to simultaneously constitute an Expert Committee that will examine the possibility of enhancing FAR for different uses and areas in Delhi. Agreeing with the Approach paper to the 12th Five Year Plan Minister Nath stated that there is very inefficient use of urban land in India. This is because of very low FAR permitted in India.  There is a bias in India against vertical cities as compared to land - intensive horizontal cities. This needs to be examined holistically.

DDA has further been directed to set up an on-line system for conversion of properties from leasehold to freehold. This would go a long way in providing relief to the public.

It is also proposed to create a Delhi Urban Regulatory and Appellate Authority. This body would be given the responsibility to hear and recommend to the Ministry of Urban Development temporary/permanent land use changes in the Master/Zonal plans and prescribe the procedure for land use changes, to vet the local area plans of local authorities, to review building regulations and examine suggestions in respect of changes in building regulations, to consider cases of building regulations beyond normal compounding limits and to review the development charges of DDA.                

Several steps had been taken to finalise norms, policy guidelines, feasible strategies and lay down orderly arrangements to deal with the problem of encroachments and unauthorized developments in Delhi. However, a lot of  work remains incomplete - the Delhi Urban Shelter Improvement Board has not yet completed the survey to identify eligible slum dwellers all over Delhi; a draft Bill is under preparation by GNCTD to address the issues concerning hawkers and urban street vendors; MCD has sent only 140 redrafted layout plans for unauthorized colonies, and GNCTD is in the process of fixing the boundary on these scrutinised/ redrafted layout plans;  a two years time frame is required to finalise the farm house policy; for schools, dispensaries, religious institutions and cultural institutions, the scrutiny of individual cases is required to be taken up and eligible institutions shall have to be referred to the respective local authorities for requisite clearances and approvals and cases involving incompatible land use will need to be processed for change of land use; Guidelines for Redevelopment of Godowns Clusters existing in non-conforming areas is yet to be framed; more time is needed for preparation and orderly implementation of redevelopment plans for Special Areas (i.e. Walled City, Walled City Extension and Karol Bagh). 

The Delhi Laws (Special Provisions) Act, 2006 was introduced on 19th May, 2006 for one year.  This has been followed by subsequent legislations. The last such legislation made viz. the National Capital Territory of Delhi Laws (Special Provisions) Act, 2011 will cease to operate after 31.12.2011. 

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