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    Haryana CM Saini launches MSME and Export Promotion Policy 2026
    TCS receives employee data leak alerts; says no impact to customer info
    APEDA Facilitates First-Ever Export of Mustard Honey by Dergang FPO from Tripura to Dubai
    Parliament passes The Bankers' Books Evidence Bill, 2026
    DRI uncovers another clandestine drug manufacturing unit in Maharashtra
    Delhi HC gives Kejriwal 4 weeks to respond to ED pleas against acquittal in two cases
    Pesticide residues found in 58 food samples tested in Kerala, says Minister Siddique
    DGFT Removes Physical Duty Payment Challans for Export Obligation Discharge Certificate Applications under Advance Authorisation and Export Promotion ...
    TRAI directs use of 1601-series for service, transactional calls by utilities, logistics cos
    Nagaland tax revenue rises to Rs 1,597 crore in FY'26
    India's Russian crude imports hit record for second straight month
    Stolen phone of 88-year-old leads Delhi Police to bust interstate cyber-fraud syndicate; 9 held
    Rupee falls 11 paise to close at 95.28 against US dollar on firm crude oil prices
    Loan Utsav 2026: Bajaj Finance Personal Loan Now Comes with an Exclusive Reward Bundle for Eligible Customers
    Freedom to Spend Smarter: AU Small Finance Bank Credit Cards Bring Rewards, EMI Flexibility and Lounge Access to India''s Biggest Shopping Month
    Rupee falls 8 paise to 95.25 against US dollar in early trade
    APEDA Facilitates First-Ever Export of GI-tagged Mithila Makhana by Sea Route from Bihar to Australia
    Government signs strategic MoUs with key industry leaders and ecosystems to strengthen support to StartUps
    No Charges for UPI Users
    Competition Commission of India (CCI) hosts BRICS Heads of Competition Authorities 2026 meeting
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    August 10, 2026
    Show AI Summary
    MSME and export promotion framework expands finance, technology, infrastructure, sustainability and global-market support for enterprise growth.
    Haryana Progressive MSME and Export Promotion Policy 2026 creates a five-year framework for MSME growth through financial incentives, institutional support, industrial infrastructure, technology adoption and export facilitation. Identified thrust-sector enterprises may receive capital and interest subsidies, stamp duty reimbursement, employment assistance, insurance support, and incentives for automation, artificial intelligence, testing and research. Proposed venture capital and credit guarantee funds seek to improve institutional and collateral-free finance. Export support covers international certifications, credit, insurance, freight, e-commerce, trade fairs, documentation, compliance and buyer connections, alongside sustainability and inclusive entrepreneurship measures.
    August 10, 2026
    Show AI Summary
    Employee data exposure alerts trigger review of alleged password spraying and MFA fatigue, with customer and operational systems unaffected.
    Employee data exposure alerts prompted TCS to review allegations concerning limited basic employee information that appears to be more than four years old. No indication exists that customer data, customer systems, or operational systems have been affected. The alleged vectors involve password spraying and multi-factor authentication fatigue. TCS states that safeguards against these techniques have been in place for more than two years, its controls remain effective, and monitoring and further assessment will continue.
    August 10, 2026
    Show AI Summary
    Mustard honey export demonstrates FPO-led aggregation, quality-focused production and industry collaboration for international agricultural market access.
    Mustard honey export from Tripura to Dubai marks the first international shipment by Dergang Farmer Producer Organisation, supported through export-oriented aggregation and market linkage initiatives. The export creates overseas market access for local beekeepers and farmers, diversifies the honey value chain, and encourages quality-focused production. Industry collaboration supported bee production and an export-oriented supply chain, while capacity building, quality assurance, value addition and market linkages can strengthen agricultural exports and farmer participation in international markets.
    August 10, 2026
    Show AI Summary
    Digital banking evidence gains recognition through a modernised framework for physical and electronic records, with privacy and security safeguards.
    The Bankers' Books Evidence Bill, 2026, modernises the evidentiary framework for bankers' books by permitting banking records to be produced in physical or electronic form in legal proceedings. It recognises electronic, digital and virtual records and enables the Central Government to extend the regime to other regulated financial entities, supporting a uniform financial-sector evidentiary framework. The framework seeks secure and transparent use of banking records while safeguarding customer privacy, confidentiality and data security.
    August 10, 2026
    Show AI Summary
    Illicit opioid medicine exports exposed through concealed cargo, clandestine manufacturing, repacking, and attempted transnational trafficking to Nigeria.
    Illicit manufacture and attempted export of controlled opioid medicines were detected in a network producing, concealing, storing and exporting Tramadol Hydrochloride tablets to Nigeria. A consignment declared as Pregabalin capsules contained concealed Tramadol Hydrochloride and Tapentadol tablets. Investigation identified clandestine manufacture, repacking and preparation for export, with searches yielding tablet-compression machinery and raw materials. Tramadol is a psychotropic substance under the Narcotic Drugs and Psychotropic Substances Act, while Tapentadol is regulated under the Drugs and Cosmetics Act and its rules.
    August 10, 2026
    Show AI Summary
    Summons compliance under anti-money-laundering law faces appellate scrutiny after acquittal over unproven email service allegations.
    Delhi High Court required Arvind Kejriwal to reply to Enforcement Directorate petitions challenging his acquittal in proceedings concerning alleged non-compliance with summonses. The trial court found that the agency had not proved intentional disobedience, service of summons through email, or lawful issuance of electronic summons under the Prevention of Money Laundering Act. The appellate challenge concerns proof of service, validity of electronic summons, and intentional non-compliance.
    August 10, 2026
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    Pesticide residue concerns drive organic farming, school agriculture initiatives, infrastructure financing and climate-resilience support for farmers.
    Food-safety concerns arising from pesticide residues and toxic substances are to be addressed through organic vegetable farming, household cultivation and the Kathir school-farming initiative. Kathir provides for institutional farming, teacher and committee support, markets, student training and clubs, with possible academic weightage for agricultural participation. Agricultural infrastructure financing supports post-harvest management, value addition, processing, packing, marketing and exports. Additional measures include banking support, agricultural technology adoption, women-farmer support and schemes addressing climate-related floods and drought.
    August 10, 2026
    Show AI Summary
    Digital EODC processing removes physical duty challans through authenticated payment verification for export authorisation closure.
    Export Obligation Discharge Certificate processing under the Advance Authorisation and Export Promotion Capital Goods schemes no longer requires physical duty-payment challans for voluntary customs-duty payments made on or after 1 August 2026. Authenticated licence-wise payment information is electronically transmitted from Customs/ICEGATE to DGFT systems and mapped to the relevant authorisation. Exporters can verify payment details on the customer portal, while Regional Authorities use corresponding back-office records, replacing manual submission and verification for authorisation closure.
    August 10, 2026
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    Trusted service-call numbering requires verified utilities and logistics entities to use dedicated numbers exclusively for transactional and service communications.
    The 1601-series is introduced for verified utilities, courier and logistics entities making service and transactional voice calls. Numbers must be allocated directly to eligible entities, not intermediaries or aggregators, following verification by telecom service providers and an undertaking of exclusive use. Promotional voice calls are prohibited on this series and remain associated with the 140-series. The framework separates these calls from the 1600-series reserved for regulated financial-sector and government-to-citizen communications, supporting consumer recognition of legitimate calls and reducing impersonation risks.
    August 10, 2026
    Show AI Summary
    GST revenue collection drives tax growth while data scrutiny, taxpayer verification, and compliance capacity remain key administrative priorities.
    GST constituted the principal component of tax revenue for the 2025-26 fiscal year. Tax administration faces staff shortages, information-technology upgrade needs, and increased workloads from taxpayer registrations and return filings. Compliance oversight requires GST data scrutiny, risk assessment, identification of unregistered taxpayers, tax-evasion detection, and field verification of high-risk taxpayers. Long-term revenue planning sets progressively higher collection targets through 2063.
    August 10, 2026
    Show AI Summary
    Russian crude imports reshape India's refining trade as processed petroleum products reach sanctioning jurisdictions despite import restrictions.
    Indian imports of Russian crude oil reached a second consecutive monthly record in July 2026, with Russian crude forming the dominant share of India's Russian fossil-fuel purchases and more than half of total crude imports. Higher receipts through smaller terminals offset reduced volumes at Paradip. Indian refineries processing Russian crude also exported refined petroleum products to sanctioning jurisdictions, including the European Union, Australia and the United States, despite the European Union prohibition on imports of oil products made from Russian crude.
    August 10, 2026
    Show AI Summary
    Cyber-fraud through stolen phones allegedly used mule accounts, banking credentials and coordinated technical operations to divert victims' funds.
    Investigation into unauthorised withdrawals after theft of a mobile phone uncovered an alleged interstate cyber-fraud network using stolen devices, linked banking credentials and mule bank accounts. The scheme allegedly involved phone theft, supply of accounts and banking instruments, and a technical operation that accessed victims' accounts and routed funds for withdrawal or transfer. Digital surveillance, transaction mapping, seized devices, victim data and transaction records are being examined to identify linked complaints and the extent of funds allegedly diverted.
    August 10, 2026
    Show AI Summary
    Rupee depreciation reflected stronger dollar, elevated crude prices and geopolitical uncertainty, while portfolio inflows and equity gains provided support.
    The rupee depreciated against the US dollar amid a stronger dollar, higher global crude oil prices and uncertainty surrounding West Asia-related negotiations. Concerns over crude oil's potential impact on the trade deficit weighed on the currency, while positive domestic equity markets and foreign portfolio investment inflows provided support. Market caution remained focused on forthcoming US inflation data, dollar-index movements and Brent crude prices. Foreign-exchange reserves increased during the reported period.
    August 10, 2026
    Show AI Summary
    Collateral-free personal loans offer extended repayment flexibility, conditional reward benefits, and online application subject to eligibility and disbursal requirements.
    Loan Utsav 2026 provides eligible Bajaj Finance Personal Loan applicants an exclusive reward bundle where the loan is successfully disbursed during the campaign period. The collateral-free facility supports personal expenses, offers repayment tenures from 12 to 108 months, and may enable lower monthly EMI obligations through a longer selected tenure. Interest rates depend on eligibility, credit assessment, financial profile and lending criteria. Online applications require personal and financial details and required documents, with disbursal for eligible applicants possible after verification and approval.
    August 10, 2026
    Show AI Summary
    Credit card payment flexibility supports seasonal shopping and travel through eligible EMIs, rewards, tracking tools and conditional merchant benefits.
    Credit-card spending features include conversion of eligible purchases into EMIs, selected no-cost EMI options, reward points, cashback, merchant discounts and payment flexibility. Travel-related benefits may include domestic airport lounge access, travel-booking discounts, fuel-surcharge waiver and anniversary-linked rewards. The AU 0101 application enables transaction tracking, balance and interest-rate monitoring, EMI conversion and bill-payment management. Features and offers are subject to change, customer eligibility, internal policies and partner-merchant terms.
    August 10, 2026
    Show AI Summary
    Foreign-exchange market conditions weakened the rupee as stronger dollar and crude prices offset support from reserve growth and inflows.
    Foreign-exchange market conditions saw the rupee weaken against the US dollar in early trading, influenced by a stronger dollar and higher global crude oil prices. Foreign institutional equity inflows and increased foreign-exchange reserves moderated pressure on the rupee. Market attention remained focused on developments in West Asia and the Reserve Bank of India, alongside movements in the dollar index, crude oil prices and domestic equity markets.
    August 10, 2026
    Show AI Summary
    GI-tagged Mithila Makhana export facilitation expands sea-route market access while supporting quality compliance and farmer-linked value chains.
    Export facilitation for GI-tagged Mithila Makhana enabled the first commercial sea-route shipment from Bihar to Australia. APEDA, in association with the Bihar agriculture department, supported market access, coordination, capacity building and stakeholder engagement. The export model is intended to improve farmer price realisation, require adherence to global quality standards, and strengthen growers, processors and exporters. A separate HS Code for Makhana has taken effect under the Finance Bill, 2025, supporting product-specific trade classification.
    August 10, 2026
    Show AI Summary
    Startup ecosystem support expands through digital payments, cloud access, AI innovation, investment readiness, governance support and global market programmes.
    DPIIT has entered into strategic MoUs to support DPIIT-recognised startups through payment infrastructure, entrepreneurship development, cloud technology, mobility innovation, investment readiness and global-market access. Eligible startups may receive payment and cloud support, technical training, mentorship, startup formalisation assistance, market and investor connections, AI and mobility enablement, and programmes addressing governance, financial readiness, compliance and international expansion. The collaborations promote innovation across digital payments, clean energy, artificial intelligence, climate technology, advanced manufacturing, mobility and automotive technology.
    August 10, 2026
    Show AI Summary
    UPI transaction charges remain unavailable for consumers and person-to-person payments, while limited threshold-based merchant MDR may be considered.
    Proposed amendment of section 10A of the Payment and Settlement Systems Act, 2007 is intended to support UPI sustainability, technological advancement and resilience. Consumer payments and person-to-person transactions are to remain free. Any future merchant discount rate would apply only to limited merchant transactions above a threshold, at a nominal rate, while most merchant transactions remain free. The framework supports investment in cybersecurity, fraud prevention and infrastructure, alongside a self-sustaining and inclusive digital-payment ecosystem.
    August 10, 2026
    Show AI Summary
    Fair competition cooperation in renewable energy markets advances knowledge-sharing and evidence-based enforcement across interconnected digital and energy markets.
    BRICS competition authorities adopted a Joint Statement strengthening cooperation to promote fair competition, including in renewable energy markets. Cooperation focuses on dialogue, knowledge-sharing and consideration of cross-border competition challenges in digital markets, emerging technologies and the energy transition. Competition enforcement is to remain principled and evidence-based, supporting efficiency, consumer welfare, innovation and merit-based competition. A collaborative renewable-energy competition study identified evolving market dynamics and areas for future cooperation.

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      16 dead, 16 missing as fire crews try to corral Los Angeles blazes before winds return this week

      January 12, 2025

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      Los Angeles, Jan 12 (AP) Firefighters scrambled Sunday to make further progress against wildfires that have killed 16 people in the Los Angeles area as forecasters again warned of dangerous weather with the return of strong winds this week.

      At least 16 people were missing, and authorities said that number was expected to rise.

      The National Weather Service issued red flag warnings for severe fire conditions through Wednesday, with sustained winds of 50 mph (80 kph) and gusts in the mountains reaching 70 mph (113 kph). The most dangerous day will be Tuesday, said weather service meteorologist Rich Thompson.

      “You're going to have really strong gusty Santa Ana winds, a very dry atmosphere and still very dry brush, so we still have some very critical fire weather conditions out there,” Thompson said at a community meeting Saturday night.

      Fierce Santa Ana winds have been largely blamed for turning the wildfires sparked last week into infernos that levelled entire neighbourhoods around the city where there has been no significant rainfall in more than eight months.

      Twelve people were missing within the Eaton Fire zone and four from the Palisades Fire, Los Angeles County Sheriff Robert Luna said Sunday morning.

      Meanwhile, the death toll rose to 16 over the weekend. Five of the deaths were attributed to the Palisades Fire and 11 resulted from the Eaton Fire, the Los Angeles County coroner's office said in a statement Saturday evening.

      The previous number of confirmed fatalities before Saturday was 11, but officials said they expected that figure to increase as teams with cadaver dogs conduct systematic grid searches in levelled neighbourhoods. Authorities have established a centre where people can report the missing.

      Joseph Everett, assistant chief of the Los Angeles Fire Department's west bureau, said it has been difficult to see such destruction in an area where he, his father and grandfather all have worked as firefighters.

      “It resonates with me heavily,” he said. “Please be patient as we are up there … we're still aggressively fighting fire out there.” By Sunday morning, Cal Fire reported the Palisades, Eaton, Kenneth and Hurst fires had consumed more than 62 square miles (160 square kilometres), an area larger than San Francisco. The Palisades Fire was 11 per cent contained and containment on the Eaton Fire reached 27 per cent. Those two blazes accounted for 59 square miles (nearly 153 square kilometres).

      In a briefing posted online Saturday evening, Michael Traum of the California Office of Emergency Services said 150,000 people in Los Angeles County were under evacuation orders, with more than 700 people taking refuge in nine shelters.

      Crews from California and nine other states are part of the ongoing response that includes 1,354 fire engines, 84 aircraft and more than 14,000 personnel, including newly arrived firefighters from Mexico, he said.

      With Cal Fire reporting containment of the Palisades Fire at 11 per cent and the Eaton Fire at 15 per cent on Saturday night, the fight is set to continue.

      “Weather conditions are still critical and another round of strong winds is expected starting Monday,” Traum said.

      Fighting to save public and private areas After a fierce battle Saturday, firefighters managed to fight back the flames in Mandeville Canyon, home to Arnold Schwarzenegger and other celebrities near Pacific Palisades not far from the Pacific coast, where swooping helicopters dumped water as the blaze charged downhill. Firefighters on the ground used hoses in an attempt to beat back leaping flames as thick smoke blanketed the chaparral-covered hillside.

      The fire also briefly threatened to jump over Interstate 405 and into densely populated areas in the Hollywood Hills and San Fernando Valley.

      Arrests for looting Looting continues to be a concern, with authorities reporting more arrests as the devastation grows. Michael Lorenz, a captain with the Los Angeles Police Department, said seven people have been arrested in the last two days.

      “We even made arrests of two individuals that were actually posing as firefighters coming and in and out of houses, so we're paying very, very close attention to everybody,” Lorenz said at Saturday evening's community meeting.

      Asked exactly how many looters have been arrested, Lorenz said he couldn't give a precise number but that officers were detaining about 10 people a day. California National Guard troops arrived Friday to help guard properties.

      California Gov. Gavin Newsom posted on X Saturday that “California will NOT allow for looting.” Historical cost The fires that began Tuesday just north of downtown LA have burned more than 12,000 structures.

      Firefighters for the first time made progress Friday afternoon on the Eaton Fire north of Pasadena, which has burned more than 7,000 structures, a term that includes homes, apartment buildings, businesses, outbuildings and vehicles. Most evacuation orders for the area were lifted, officials said.

      No cause has been determined for the largest fires and early estimates indicate the wildfires could be the nation's costliest ever. A preliminary estimate by AccuWeather put the damage and economic losses so far between USD 135 billion and USD 150 billion.

      In an interview that aired Sunday on NBC, Gov. Gavin Newsom said the fires could end up being the worst natural disaster in US history.

      “I think it will be in terms of just the costs associated with it, in terms of the scale and scope,” he said.

      Overflowing kindness Volunteers overflowed donation centres and some had to be turned away at locations including the Santa Anita Park horse racing track, where people who lost their homes sifted through stacks of donated shirts, blankets and other household goods.

      Altadena resident Jose Luis Godinez said three homes occupied by more than a dozen of his family members were destroyed.

      “Everything is gone,” he said, speaking in Spanish. "All my family lived in those three houses and now we have nothing.” Officials warn against returning Los Angeles County Sheriff Robert Luna warned residents against venturing back to destroyed homes to sift through rubble for keepsakes.

      “We have people driving up and around trying to get in just to look. Stay away,” Luna said, urging people to abide by curfews.

      Officials on Saturday warned the ash can contain lead, arsenic, asbestos and other harmful materials.

      “If you're kicking that stuff up, you're breathing it in,” said Chris Thomas, a spokesman for the unified incident command at the Palisades Fire who warned the material was "toxic.” Residents will be allowed to return with protective gear after damage teams evaluate their properties, Thomas said.

      Rebuilding will be a challenge The level of devastation is jarring even in a state that regularly confronts massive wildfires. Traum of the state Office of Emergency Services said those impacted by the fires can apply online for immediate government assistance.

      Newsom issued an executive order Sunday aimed at fast-tracking the rebuilding of destroyed property by suspending some environmental regulations and ensuring that property tax assessments are not increased.

      “California leads the nation in environmental stewardship. I'm not going to give that up. But one thing I won't give into is delay,” he said. “Delay is denial for people: lives, traditions, places torn apart, torn asunder.” “We've got to let people know that we have their back,” he said. “Don't walk away because we want you to come back, rebuild, and rebuild with higher quality building standards, more modern standards. We want to make sure that the associated costs with that are not disproportionate, especially in a middle-class community like this.” Leadership accused of skimping LA Mayor Karen Bass faces a critical test of her leadership during the city's greatest crisis in decades, but allegations of leadership failures, political blame and investigations have begun.

      Newsom on Friday ordered state officials to determine why a 117 million-gallon (440 million-litre) reservoir was out of service and some hydrants had run dry.

      Los Angeles Fire Chief Kristin Crowley said city leadership failed her department by not providing enough money for firefighting. She also criticized the lack of water.

      “When a firefighter comes up to a hydrant, we expect there's going to be water,” Crowley said. (AP)   GRS GRS GRS

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