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    EOW registers case against businessman, 4 others for ''forgery, unauthorised transactions''
    India's Russian oil imports hold near 1.8 million bpd as Middle East fills gaps
    IDFC FIRST Bank enables Direct Tax payments through UPI, cards, net banking and branches
    Sensex slumps 1,248 pts as IRDAI proposal hits financial shares; rising crude, US yields weigh
    Bajaj Finance Personal Loan Offers Rs. 40,000 to Rs. 55 Lakh with Tenures up to 108 Months
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    Assam Cabinet approves rules for compulsory registration of Muslim marriages
    The Indian Economy in an Ever More Volatile and Complex World - Special Address by Dr. Poonam Gupta, Deputy Governor, Reserve Bank of India at the 13t...
    Technopark software exports rise 17.3 pc to Rs 17,092 cr in FY26
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September 24, 2026
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Corporate document forgery allegations trigger investigation into unauthorised insolvency consortium participation and disputed share transfers.
An FIR concerns alleged cheating, forgery, criminal conspiracy, corporate-document misuse, and unauthorised financial liabilities arising from participation in a corporate insolvency resolution process. Allegations include entering a consortium arrangement without the Parekh Group's knowledge or authorisation, reliance on a fabricated and unapproved board resolution, and unauthorised transfer of shares to a group-controlled entity. Investigation covers disputed-record authenticity, alleged digital-signature misuse, and financial transaction trails.
September 24, 2026
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Energy security shapes continued Russian crude sourcing as alternative suppliers replace shortfalls amid potential sanctions-related restrictions.
Russian crude imports are operating near 1.8 million barrels daily in September, with refinery maintenance, stronger Chinese buying, and disruptions to Russian export infrastructure constraining availability. Middle Eastern supply, especially from Iraq and Saudi Arabia, has offset reduced Russian volumes. Potential tougher restrictions on countries purchasing Russian oil could complicate procurement, but energy security and tight physical oil markets make a significant near-term reduction in Russian crude purchases unlikely. Replacement remains technically possible but may raise procurement costs and competition for medium-grade crude.
September 24, 2026
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Direct tax payment gateway integration enables nationwide payments through digital options, branch channels, and customers' respective internet-banking services.
IDFC FIRST Bank's payment-gateway integration for Central Board of Direct Taxes collections enables Direct Tax payments through UPI, credit cards, debit cards, Retail and Corporate Internet Banking, and branch-based cheque, demand draft, or cash payments. Customers of other banks may use their own internet-banking facilities through the gateway. Taxpayers create a challan on the Income Tax e-Filing Portal, select Payment Gateway and IDFC FIRST Bank, choose a payment mode, complete payment, and download or print the paid challan. Payment confirmations are also accessible.
September 24, 2026
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Insurance distribution controls target commissions, expenses and loan-linked sales, reshaping bancassurance arrangements and intermediary remuneration structures.
IRDAI's consultation proposals for insurance distribution contemplate lower Expenses of Management limits, tighter commission controls, and greater control over loan-linked insurance practices. The prospective framework concerns insurer and intermediary remuneration, distribution expenses, and bancassurance fee structures. Reported concerns centre on potential effects on insurer earnings, intermediary economics, and lending-linked distribution arrangements; the measures are not described as final operative obligations or enforcement action.
September 24, 2026
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Personal loan eligibility and repayment planning: loan variants and digital applications remain subject to assessment, verification, and applicable terms.
Eligible customers may seek collateral-free personal loans within stated amount, tenure and interest-rate ranges. Loan amount, interest rate and tenure determine the EMI and total interest payable, while calculator results are estimates rather than final repayment obligations. Eligibility includes nationality, age, employment and credit-score conditions, but approval, final pricing and loan amount remain subject to lender assessment, document verification and applicable terms. Online applications require personal, financial and employment details and KYC verification.
September 24, 2026
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Nidhi company deposits lack insurance protection, requiring verification of government declaration before relying on high-return promises.
Each company seeking to function as a Nidhi must file Form NDH-4 for declaration or updated Nidhi status and comply with the Companies Act, 2013 and applicable Nidhi Rules. Nidhi companies may accept deposits and grant loans only to members. Public investors should verify declared Nidhi status rather than rely on unusually high-return promises, agent representations, or informal assurances. Deposits with Nidhi companies are not insured by the Deposit Insurance and Credit Guarantee Corporation, and recovery may be difficult where a company fails or fraud occurs.
September 24, 2026
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FCNR(B) liquidity deployment remains within banks' discretion, guided by credit pipelines, asset-liability positions, and prudent underwriting standards.
Banks retain full discretion to deploy liquidity mobilised through FCNR(B) deposits, based on their credit pipeline, lending proposals, liquidity outlook and asset-liability position. No sector-specific direction applies to use of these funds. FCNR(B) deposits are fixed-term foreign-currency deposits in which principal and interest are repayable in the same foreign currency, protecting non-resident depositors from direct rupee exchange-rate risk. Continued prudent credit appraisal and underwriting standards are expected.
September 24, 2026
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Compulsory Muslim marriage registration shifts registration to registrars under a statewide procedural framework, with local officials authorised when needed.
Compulsory registration of Muslim marriages will operate under the Assam Muslim Marriage Registration (Compulsory) Rules, 2026, framed under the Assam Compulsory Registration of Muslim Marriage and Divorces Act, 2024. Registration will be undertaken by registrars, with panchayat-level officials potentially authorised where application volumes require additional capacity. The framework addresses the registration forum after kazis were barred from registering Muslim marriages.
September 24, 2026
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Macroeconomic resilience supports fiscal consolidation, financial-sector stability, and orderly foreign-exchange management through persistent global and market shocks.
Policy management emphasises clear communication, policy certainty, macroeconomic and financial-sector stability, efficient use of buffers, and sustained structural reform. Fiscal prudence is treated as necessary to avoid unsustainable stimulus and preserve long-term stability. External-sector resilience rests on services exports and remittances, while oil and gold shocks and weaker capital inflows have created temporary balance-of-payments pressure. Further improvement is linked to lower oil dependence, export diversification, trade agreements, capital inflows and orderly foreign-exchange market management.
September 24, 2026
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Software export growth strengthens IT ecosystem as campus expansion supports startup activity, infrastructure development, and skilled employment.
Software export revenue generated by Technopark reached Rs 17,092 crore in FY 2025-26, reflecting year-on-year growth of approximately 17.3 per cent. Growth is attributed to IT infrastructure, a skilled talent base, and company performance. Technopark also operates as an IT and ITeS hub and startup ecosystem centre, with ongoing campus development intended to expand its position among major IT hubs.
September 24, 2026
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Artificial intelligence centre of excellence partnership advances industry-aligned training, supervised internships, startup mentorship, and applied research collaboration.
IIEST Shibpur and Tata Consultancy Services have entered into a Memorandum of Understanding to establish an Artificial Intelligence Centre of Excellence at the Electrical Engineering Department's high-performance computing laboratory. The collaboration supports industry-aligned training, professional certifications, practical projects, supervised internships, startup mentorship, curriculum benchmarking, and applied research in natural language processing, computer vision, image processing, and advanced data analytics.
September 24, 2026
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Money-laundering searches prompt protests over alleged political misuse while operations continue at public development offices and residences.
Enforcement Directorate search and survey operations connected with a money-laundering investigation continued at development authority offices and premises linked with housing administration, a realty company, and private residences. AAP workers protested against the searches, alleging political and administrative pressure through central investigative agencies. The party further alleged that the operations could disrupt the development authority's functioning and impede Punjab government welfare schemes.
September 24, 2026
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Money-laundering investigation procedure raises allegations over FIR registration, conflict concerns, and the choice between police, vigilance, or federal inquiry.
A police inquiry, rather than a Vigilance inquiry, was directed following an Enforcement Directorate communication seeking registration of an FIR for cognizable offences. It was contended that FIR registration should be dealt with by the police and that governmental or ministerial intervention would raise concerns where a person facing allegations is involved in deciding the investigative course. A transfer to a federal investigative agency was sought on grounds of investigative independence and perceived conflict of interest.
September 24, 2026
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Trade truce extension maintains tariff pauses and export-restriction rollbacks while negotiations continue on broader economic commitments.
United States-China trade relations may remain governed by the Busan Agreement through January 10 under a stated two-month extension, though Chinese official confirmation is pending. The arrangement maintains pauses on elevated tariffs and prior rollbacks of restrictions affecting critical minerals and high-technology exports. Negotiations may produce a broader economic package or further continuation of existing terms, while implementation of agreed commitments is under review. The parties have also proposed reciprocal alerts on AI-related hacking incidents involving national-security concerns.
September 24, 2026
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Gold Smuggling Enforcement: Concealed foreign-origin gold recovered from vehicles and a traveller, with arrests under customs law.
Gold-smuggling enforcement involved the seizure of approximately 21 kg of foreign-origin gold in two operations and the arrest of five persons under the Customs Act, 1962. Gold bars were recovered from sophisticated vehicle-chassis cavities, while gold bars and cut pieces were recovered from a passenger's specially designed cotton waist belt. The operations concerned suspected cross-border gold movement and targeted organised smuggling networks using sophisticated concealment methods.
September 24, 2026
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Cross-border gold smuggling enforcement resulted in Customs Act seizures after coordinated recovery of foreign-origin gold from border locations and a passenger.
Cross-border smuggling of foreign-origin gold through the Bangladesh route led to coordinated recoveries and seizures under the Customs Act, 1962. Gold recovered near the India-Bangladesh border was taken over for customs proceedings, including a seizure under Section 110. Foreign-origin gold concealed by a train passenger was also recovered and seized, with investigation indicating its smuggling from Bangladesh.
September 24, 2026
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BRICS tax cooperation creates standing platforms for international taxation, revenue statistics, professional capacity building and peer learning.
India-led BRICS tax cooperation established standing Working Groups on International Taxation and Transfer Pricing and Revenue Statistics, providing institutional platforms extending beyond individual Chairships. It also institutionalised an annual Young Tax Professionals Capacity Building Programme, launched the BRICS Tax Cross-Learning Lab for peer learning on client-centric administration and human-resources practices, and approved the Terms of Reference for the BRICS Tax Support Network.
September 24, 2026
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Wildlife trafficking enforcement applies protected-species safeguards to seized Tokay Geckos and enables further statutory action against suspected illegal trade.
Wildlife-trafficking enforcement led to interception of two persons and seizure of 86 live Tokay Geckos under the Wildlife (Protection) Act, 1972. Tokay Geckos receive Schedule I protection under that legislation and are listed in Appendix II of CITES, regulating international trade. The persons and recovered geckos were transferred to the Mariani Range Forest Office for further action.
September 24, 2026
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Restricted firecracker imports concealed through misdeclaration trigger seizure and criminal investigation under customs enforcement law.
Concealment of restricted firecrackers within an import container declared as bottles and wallpaper resulted in customs seizure under the Customs Act, 1962. Firecracker imports are restricted under the Foreign Trade Policy and require valid Directorate General of Foreign Trade authorisation and a Petroleum and Explosives Safety Organisation licence under the Explosives Rules, 2008. Investigation into attempted clandestine clearance led to the arrest under the Customs Act of a key syndicate member alleged to have orchestrated the import.
September 24, 2026
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Merger-control approval permits FIHM's phased acquisition of IIFL Capital Services equity through subscription, open offer and promoter purchase.
Merger-control approval permits FIHM to acquire certain additional equity share capital of IIFL Capital Services through a preferential issue on a private-placement basis and through shares tendered in a mandatory open offer. FIHM may also buy shares from the target's promoters if its aggregate shareholding with HWIC remains below the Target Shareholding after these steps.

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Shiksha Samvaad: A Groundbreaking Dialogue on Education Equity Comes to Bihar for its Latest Edition

January 20, 2025

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Patna, Bihar, India (NewsVoir) Building on the impactful dialogue ignited by the Mumbai Shiksha Samvaad in October 2024, the Shikshgraha movement took a significant step forward with a powerful convening in Patna. This landmark event united key voices from civil society, philanthropy, education, and industry, reinforcing the collective commitment to transforming education across India. Hosted by The Shibulal Family Philanthropic Initiatives, the Shiksha Samvaad in Bihar focused on accelerating improvements in India’s public education system, especially for girls and marginalised communities. The event, organised by Mantra4Change, ShikshaLokam, and Jyoti Mahila Samakhya brought together key stakeholders and provided a platform for meaningful discussions to advance education equity and improve the quality of public schooling in India.

“Shiksha Samvaad is an important platform for coming together, for shared meaning-making, and discussing how we can improve education. Hosting it in Patna holds special significance because it aligns with Mantra4Change's ongoing systemic efforts to strengthen public education in Bihar. This platform allows us to deliberate on the state’s unique, contextual challenges while learning from the rich perspectives of local communities. Together, we can make public education better for every child, especially girls and those from marginalised communities," said Khushboo Awasthi, Co-founder, Mantra4Change and Chief Operating Officer and Co-founder, ShikshaLokam.

Shikshagraha, a people’s movement dedicated to transforming India’s public education system, took centre stage at the event. With a goal to improve all 1 million public schools in India by 2030, Shikshagraha is uniting government bodies, educators, civil society, media, industry leaders, and communities to work toward educational equity. The movement’s vision is to create an ecosystem where every child—regardless of background, gender, or ability—has access to quality education and the opportunity to reach their full potential.

Key Highlights from the Event: The event commenced with an insightful keynote address by Vyas Mishra IAS (Retd), Former Vice Chairman of Bihar State Disaster Management Authority. This was followed by a thought-provoking fireside chat featuring Pramath Raj Sinha, Co-Founder, Ashoka University; Dr. Binodanand Jha, Former Director of Research & Training, Department of Education, Bihar; Sudha Varghese, Founder, Nari Gunjan and Padma Shri Awardee; and Aaradhana Dalmia, Trustee, Dalmia Charitable Trust. The conversation centred on the progress made in Bihar’s education sector over the past two decades and its future trajectory.

A panel discussion, moderated by Samyak Jain, Co-Founder, Involve, with Monal Jayaram, Co-founder & Director at the School of Education & System Change, Piramal School of Leadership, Piramal Foundation, and Dr. Rashmi Prabha, Joint Director, Academics, SCERT, Bihar, delved into strategies for achieving education equity, with a focus on gender and marginalised communities.

"Equity in education goes beyond access - it’s about enabling holistic learning that nurtures socio-emotional development, critical thinking, career readiness, and the agency of children to shape their own futures. In Bihar, adapting globally recognised practices to the local context is key to preserving their impact while addressing unique challenges. This requires deep collaboration between NGOs and government systems to align efforts, create sustainable solutions, and ensure no child is left behind in their journey toward a brighter future," said Monal.

The Shibulal Family Philanthropic Initiatives (SFPI) has also recently introduced the Shikshagraha Awards, aimed at recognising the remarkable contributions of school leaders, youth advocates, and community changemakers to revolutionising the education ecosystem. Nominations for these awards are now open, and winners will be honoured at InvokED 4.0, a global education leadership event in Bengaluru on March 7-8, 2025.

Shikshagraha in Bihar Bihar has been at the heart of the Shikshagraha movement, spearheaded by Mantra4Change, and powered by other partner organisations like Involve, Karunodaya, Jyoti Mahila Samakhya, etc. reflecting its commitment to addressing educational challenges at scale. One of the most significant milestones has been the introduction of Project-Based Learning (PBL) in over 29,000 middle schools across the state, reaching over 60 lakh students. This innovative, hands-on approach to education is transforming the learning experience for students in Grades 6 to 8, supporting experiential learning and equipping them with practical skills for the future.

Additionally, over 11,000 Science and Math teachers have been trained in new teaching methods to make the subjects more engaging. In collaboration with the Department of Education, Bihar, over 75 resources, including handbooks, videos, and action projects, have been developed to improve learning outcomes tailored to local needs.

Another key achievement has been fostering community involvement in education, with parents now actively participating in their children's learning. Through innovative exhibitions and community meetings, Shikshagraha has created a supportive environment for every student.

Shikshagraha’s Broader Vision Shikshagraha is committed to improving India’s public education system by 2030. With the support of over 30 partner organisations, the movement is already making a significant impact, working to improve the quality of education in over 10,000 schools across 27 districts in 12 states.

As more than 50% of children in India are enrolled in public schools, the need for improving infrastructure, teaching quality, and learning outcomes is more urgent than ever. Shikshagraha’s efforts align closely with the goals outlined in the National Education Policy (NEP) 2020, contributing to India’s broader socio-economic growth.

The Shikshagraha movement continues to inspire collective action to bridge educational gaps and ensure that every child, especially those from marginalised communities, has access to the quality education they deserve.

About Shikshagraha Shikshagraha is a people’s movement aiming to improve 1 million public schools in India by 2030, ensuring every child has access to quality education and the opportunity to dream and succeed. The movement brings together diverse stakeholders—government, civil society, markets, and media, —to collaboratively address the challenges in the public education system through a micro-improvement approach. By promoting decentralised decision-making in the education system, enabling leadership across levels, and fostering collective action, Shikshagraha aims to create an inclusive learning environment where every student, regardless of background, gender, or abilities, can thrive in the 21st century. Shikshagraha is being co-built by Mantra4Change and ShikshaLokam - a Shibulal Family Philanthropic Initiative.

(Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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