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    Subhash Chandra drops mention of Ambani allegations, shifts focus to settling Essel debt
    NATIONAL ACCOUNTS STATISTICS - 2026 PUBLICATION
    Commerce Secretary Shri Rajesh Agrawal Co-Chairs India-Brazil 8th Trade Monitoring Mechanism Meeting
    NPCI International and Uzbekistan’s NIPC Partner to Enable UPI Payments Across Uzbekistan via UZQR
    Flymore Aviation Expands Access to Aviation Education Through Affordable Mobile Learning App
    Rajnath to review performances of 16 defence PSUs with focus on indigenous tech, innovation
    SC dismisses SBI's plea challenging NCLAT order on PF, gratuity dues to ex-Jet Airways staffers
    Rupee rises 26 paise to close at 95.17 against US dollar
    India Has Solved Financial Access. Has It Solved Financial Confidence?
    Hyundai Capital Officially Launches Financial Services Operations in India
    Pinarayi Vijayan slams NCLT order on Subhash Chandra repayment plan
    Rupee falls 13 paise to 95.56 against US dollar in early trade
    CBN seizes 66.80 lakh psychotropic tablets in major inter-state pharmaceutical diversion case under Operation Vajra 2.0; one arrested
    DRI seizes around 18 Kg Amphetamine and MDMA in two operations as it intensifies crackdown on synthetic drugs; Four persons arrested
    India–Chile CEPA Negotiations Advance; Commerce Secretary Shri Rajesh Agrawal Meets Chilean Vice-Minister Paula Estévez Weinstein
    Sugar prices remain firm across India despite govt measures to check rise
    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
    Over 2.63L appear in NEET-PG; re-test announced for candidates at 2 Jaipur centres
    Delhi Lakshmi Yojana RD maturity set for July 2029, year of next Lok Sabha polls
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August 31, 2026
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Personal guarantor insolvency distinguishes guarantee liability from borrower debt while creditor voting challenges question repayment-plan approval.
Personal insolvency proceedings concerning personal guarantees distinguish a guarantor's liability from the underlying borrowing entities' debts. Claims against the guarantor arise from guarantees furnished for loans obtained by Essel Group-associated entities, while the borrowers' repayment obligations remain enforceable and creditors may pursue corporate assets and securities. Dissenting lenders have challenged the resolution-plan voting process, alleging that family-linked associates or related parties should have been excluded from committee of creditors voting.
August 31, 2026
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National accounts revisions align GDP and sectoral estimates with updated price, production and banking service indicators.
National Accounts Statistics-2026 incorporates updated Producer Price Index, Index of Industrial Production and Banking Services Price Index series with base year 2022-23 into annual and quarterly GDP estimates. The revised indicators expand coverage, update weights and improve price mapping for national-account activities. GDP and gross value added estimates from 2022-23 onwards are revised at current and constant prices, with sector-specific effects in mining and quarrying, manufacturing, trade services, general government and departmental enterprises. Supply and Use Tables for 2022-23 and 2023-24 are also updated.
August 31, 2026
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Trade facilitation and pharmaceutical market access advance through regulatory cooperation, preferential trade modernisation, and reciprocal agricultural access.
India and Brazil are advancing bilateral trade, investment and economic cooperation through a diversified partnership focused on pharmaceuticals, chemicals, engineering goods and machinery. India-MERCOSUR engagement is being pursued through early finalisation of Terms of Reference for expansion and modernisation of the Preferential Trade Agreement. Pharmaceutical market access is supported by regulatory cooperation under the CDSCO-ANVISA MoU. Agricultural trade facilitation includes phytosanitary processes, reciprocal market access work and mutual recognition of Electronic Certificates of Origin, alongside multilateral coordination through BRICS, the G20 and the WTO.
August 31, 2026
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Cross-border UPI merchant acceptance enables Indian travellers to make UZQR payments at merchants throughout Uzbekistan.
Cross-border UPI merchant acceptance in Uzbekistan allows Indian travellers to make instant person-to-merchant payments through UPI-enabled applications by scanning the interoperable UZQR code. Integration with the Unified National QR infrastructure extends acceptance across retail, hospitality and service merchants. Regulatory approvals support HUMO's role as NIPL's authorised partner for cross-border merchant acceptance, reducing reliance on international cards and cash.
August 31, 2026
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Mobile-first aviation education supports accessible, self-paced certification-led learning and career awareness across aviation roles and geographic locations.
Flymore Aviation LLP operates a mobile-first aviation learning platform intended to make specialised aviation education more accessible and affordable for aspiring pilots, cabin crew and other aviation-sector professionals. The app provides structured, self-paced aviation courses aimed at building industry knowledge, supporting certification-led skill development, improving career awareness and assisting employment readiness across aviation functions. Course delivery through a digital platform is positioned as an alternative to location-dependent and high-cost classroom training.
August 31, 2026
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Indigenous defence technology and exports anchor the annual performance review of public sector defence enterprises.
Annual performance review of 16 Defence Public Sector Undertakings is scheduled with emphasis on indigenous technology, innovation, self-reliance and enhancement of defence exports. Chairpersons and managing directors of seven specified undertakings will present dividends attributable to the Government's equity shareholding. Publications cover self-reliance, student awareness of defence technologies, and modernisation and indigenisation roadmaps. Reported performance includes growth in turnover, profit after tax and defence exports.
August 31, 2026
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Employee provident fund and gratuity dues remain protected outside the liquidation estate despite competing financial creditor claims in insolvency proceedings.
Employee provident fund and gratuity dues of former Jet Airways workmen and employees were required to be paid in full by the liquidator. The NCLAT position upheld treats statutory employee dues relating to provident fund, gratuity and pension funds as outside the liquidation estate, protecting them from competing creditor claims. Financial creditors had argued that such dues should be distributed through the liquidation estate unless dedicated funds existed at the commencement of liquidation. The underlying questions of law remain open for an appropriate case.
August 31, 2026
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Rupee exchange-rate support amid dollar strength and oil risks as foreign-currency deposit flows bolster market sentiment.
Foreign-exchange market conditions saw the rupee recover from early losses amid possible Reserve Bank of India intervention to contain significant depreciation. Higher US Treasury yields, a broader dollar rally, rising crude oil prices and geopolitical supply risks pressured the currency. The special USD-INR forex swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings mobilised foreign-exchange inflows supported by non-resident Indian participation, strengthening market sentiment.
August 31, 2026
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Financial confidence gaps persist when opaque financial journeys, dark patterns and unclear communication deter informed consumer participation.
Financial-service digitisation may expand access without ensuring consumer confidence where customers cannot understand processes, assess risks or feel secure in financial decisions. Opaque claims, redemptions, eligibility criteria and approval stages can weaken trust and discourage insurance, investment and credit participation. Hidden charges, complex documentation, forced bundling and target-driven sales practices may further impair informed choice. Greater transparency, simplified communications, real-time process visibility and AI-assisted guidance are identified as measures to reduce cognitive friction and strengthen consumer control.
August 31, 2026
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NBFC licensing enables Hyundai Capital India to begin wholesale dealer financing while preparing retail finance and risk-management infrastructure.
Hyundai Capital India has commenced financial services operations after obtaining a non-banking financial company licence from the Reserve Bank of India. Initial operations concentrate on wholesale financing for local automotive dealers. Operations are intended to expand the dealer-financing network, sales infrastructure and risk-management systems across India, supporting a subsequent phased introduction of retail financing for individual customers.
August 31, 2026
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Personal insolvency resolution approval faces criticism over low creditor recovery and alleged family-linked voting influence in the resolution process.
Personal insolvency resolution approval concerning Subhash Chandra involved a repayment plan of Rs 6.5 crore against admitted creditor claims exceeding Rs 22,000 crore. Objections were raised regarding the voting influence exercised by entities linked to the debtor's family in relation to the resolution process. Pinarayi Vijayan criticised the approval, alleging preferential treatment of powerful corporate interests.
August 31, 2026
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Foreign exchange market intervention seeks to limit rupee depreciation amid oil-price pressure, dollar strength, and capital outflows.
Foreign exchange market conditions put the rupee under depreciation pressure amid higher crude oil prices, geopolitical risks, stronger US dollar conditions, expectations of tighter US monetary policy and foreign equity outflows. RBI market intervention was reported to contain significant depreciation. Improved foreign-currency non-resident bank deposit flows and higher foreign exchange reserves supported investor sentiment and the external liquidity position.
August 31, 2026
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Psychotropic medicine diversion faces NDPS enforcement where controlled tablets allegedly travel without statutory documentation and traceability details.
Enforcement action under the Narcotic Drugs and Psychotropic Substances Act, 1985 addressed alleged inter-State diversion of psychotropic medicines transported without statutory documentation. A truck carrying Alprazolam, Tramadol, Nitrazepam and Clonazepam tablets was intercepted; the medicines and vehicle were seized and one suspect was arrested. Preliminary examination indicated erasure of identifying batch and date details and transport of region-restricted medicines without invoices, bilty or e-way bills. Investigation concerns the manufacturing, supply and distribution network involved.
August 31, 2026
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Synthetic-drug trafficking enforcement targets rail-borne amphetamine and MDMA consignments through baggage interceptions, seizures, follow-up delivery operations, and arrests.
Synthetic-drug trafficking enforcement involved two intelligence-led railway-station operations targeting amphetamine and MDMA transportation and receipt. Baggage intercepted at Bengaluru contained a crystalline substance preliminarily indicating amphetamine, while a separate Pune interception recovered substances purported to be amphetamine and MDMA tablets. The contraband and related packing material were seized under the Narcotic Drugs and Psychotropic Substances Act, 1985. Follow-up delivery action identified alleged receivers, and the carriers and alleged receivers were arrested under that statutory framework.
August 31, 2026
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India-Chile CEPA negotiations seek a balanced framework to expand trade, investment, technology cooperation and resilient supply chains.
India-Chile CEPA negotiations are being advanced toward conclusion by the end of the year through a balanced and commercially meaningful framework. The proposed partnership is intended to strengthen bilateral economic ties, expand trade and investment, and create equitable opportunities for businesses and people in both countries. Cooperation is envisaged in technology, talent and resilient supply chains, alongside enhanced engagement in healthcare, pharmaceuticals, energy, minerals, agriculture, machinery and engineering.
August 30, 2026
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Sugar price controls face persistent retail and wholesale price firmness despite duty-free imports, stockholding restrictions, and export prohibition.
Sugar retail and wholesale prices remained elevated despite measures intended to curb price increases, including duty-free imports of raw sugar, tighter stockholding norms for bulk users and dealers, and a prohibition on sugar exports. Ex-mill rates declined following the permitted duty-free imports, although customary margins continued between ex-mill, wholesale, and retail prices. Projected sugar production is lower than earlier estimates, while annual domestic demand remains substantial.
August 30, 2026
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Aadhaar OTP verification expands online vehicle and licensing services, reducing physical visits and curbing intermediary exploitation.
Aadhaar-based OTP verification will be extended to additional vehicle- and driving-licence-related services through the Vahan and Sarathi portals. The digital arrangement is intended to reduce physical visits to transport offices, prevent intermediary exploitation arising from delayed processing, and enable applications to be processed on a first-come, first-served basis. Physical attendance will remain necessary for vehicle inspections, identification of legal heirs, personal hearings, and authentication where Aadhaar OTP verification fails.
August 30, 2026
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Related-party creditor voting in personal insolvency turned on whether the debtor held majority ownership or direct board control.
Dissenting lenders challenged the admission and voting rights of five creditors alleged to be family-linked associate or related entities, contending that their voting share enabled approval of a personal insolvency repayment plan. They alleged invalid post-moratorium guarantee invocations, undisclosed liabilities, inadequate claim scrutiny and incorrect voting-share computation. The third member rejected the voting-rights challenge, treating associate status as requiring the debtor's personal majority shareholding or direct board control, and accepted the repayment plan.
August 30, 2026
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Examination continuity and candidate fairness require re-examination where power failures prevent completion, alongside review of infrastructure accountability.
NEET-PG 2026 examination continuity was disrupted for candidates at two Jaipur centres because of internal power-supply failures attributable to the technological partner and examination-conducting agency. A re-examination has been scheduled for the affected candidates, with the venue and revised admit cards to be communicated separately. Action against the entities responsible for ensuring adequate examination infrastructure is under consideration.
August 30, 2026
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Women's monthly assistance eligibility restricts benefits to qualifying households and channels payments through deposits or restricted digital wallets.
Delhi Lakshmi Yojana provides monthly financial assistance to eligible women through recurring deposits and restricted Central Bank Digital Currency wallets. Recurring deposits are locked until July 31, 2029, subject to possible review of the maturity period after two years from launch. Eligibility requires a qualifying woman to be the eldest female family member, meet income, residence and voter-registration requirements, and satisfy household restrictions. Income-tax payers, GST filers, government employees, higher-electricity-consuming households and four-wheeler-owning households are excluded.

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January 22, 2025

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New Delhi, Jan 22 (PTI) Following are the top stories at 5.07 pm: NATION DEL40 CBI-DOCTOR

Kolkata medic's rape-murder case: CBI to seek death sentence in HC for Sanjay Roy New Delhi: The CBI will file an appeal before the Calcutta High Court seeking death sentence for Sanjay Roy, who was sentenced to "life imprisonment until death" by a Sealdah court in the rape-cum-murder case of an on-duty doctor at RG Kar Medical College and Hospital, officials said Wednesday.

DEL18 PM-BJP-POLLS (R)

PM Modi says people openly expressing anger with 'AAP-da' New Delhi: Prime Minister Narendra Modi on Wednesday urged Delhi BJP members to target winning over 50 per cent booths in the assembly polls, and said people are openly expressing anger with the AAP government and reminding it of its promises.

DEL22 CAB-NATIONAL HEALTH MISSION

Cabinet approves continuation of National Health Mission for another 5 years New Delhi: The Union Cabinet on Wednesday approved continuation of the National Health Mission for another five years.

DEL27 BETI BACHAO-SHAH

'Beti Bachao Beti Padhao' gives new dimension to rights, respect of daughters: Amit Shah New Delhi: Union Home Minister Amit Shah on Wednesday hailed the completion of 10 years of the 'Beti Bachao Beti Padhao' (BBBP) programme launched by Prime Minister Narendra Modi, saying it gave a new dimension to the rights, education and respect of daughters.

MDS12 KL-SAINIK SCHOOLS-RAJNATH

Centre to establish 100 new sainik schools to improve education quality: Rajnath Singh Alappuzha (Kerala): Defence Minister Rajnath Singh on Wednesday said that the Centre's decision to establish 100 new sainik schools across the country was part of its efforts to improve the quality of basic education in India, contributing to the overall development of the nation.

DEL28 HEALTH-LD STROKE

Centre to expand network of stroke units across country New Delhi: Around 500 stroke units are operational across the country and the Centre is committed to expanding this network to ensure wider access to specialised care, Union Health Secretary Punya Salila Srivastava said on Wednesday.

MDS11 KA-2NDLD ACCIDENTS(R)

Fourteen killed, scores injured in two separate accidents in Karnataka Yellapura/Raichur (Karnataka): As many as fourteen people were killed and scores sustained injuries in two separate road accidents occurred in Uttara Kannada and Raichur districts on Friday.

DEL8 JK-DEATHS-VILLAGE

Unexplained deaths: Rajouri village declared containment zone Rajouri/Jammu: The remote Badhaal village in Jammu and Kashmir's Rajouri district was on Wednesday declared a containment zone and prohibitory orders imposed on all public and private gatherings in the wake of the death of 17 people belonging to three families, officials said.

BOM16 MH-SAIF-AUTO DRIVER

Saif meets auto-rickshaw driver who took him to hospital after knife attack Mumbai: Bollywood star Saif Ali Khan has met auto-rickshaw driver Bhajan Singh Rana, who rushed him to hospital after he was injured in the knife attack at his home in Mumbai, and thanked him for the help.

BOM11 CG-NAXAL-IED-SEIZURE

8 IEDs planted by Naxalites recovered in Chhattisgarh's Bijapur Bijapur: Security forces on Wednesday recovered eight improvised explosive devices (IEDs) planted by Maoists in Bijapur district of Chhattisgarh, police said.

CAL10 MN-JDU

JD(U) Manipur unit withdraws support to BJP-led Biren Singh govt Imphal: The JD(U) state unit in Manipur has withdrawn support to the BJP-led Biren Singh government and the party has informed its decision to governor Ajay Kumar Bhalla.

BUSINESS DEL32 CAB-LD JUTE

Govt raises raw jute MSP by 6 pc to Rs 5,650/ quintal New Delhi: The Union Cabinet on Wednesday approved a minimum support price of Rs 5,650 per quintal for raw jute for marketing season 2025-26, an increase of 6 per cent or Rs 315 over the previous MSP.

LEGAL LGD19 SC-RG KAR-DOCTOR

RG Kar rape, murder case: SC defers suo-motu hearing to Jan 29 New Delhi: The Supreme Court on Wednesday cited paucity of time and deferred to January 29 the hearing on the suo-motu case over the rape and murder of a trainee doctor at state-run RG Kar Medical College and Hospital in Kolkata.

LGD18 SC-RIOTS-LD TAHIR-BAIL

Poll campaign: No interim bail for 2020 riots accused Tahir Hussain as SC gives split verdict New Delhi: Former councillor and February 2020 riots accused Tahir Hussain on Wednesday failed to secure an interim bail to campaign for Delhi assembly polls after a Supreme Court bench gave a split verdict.

LGD14 SC-WOMEN-TAX BAR

Delhi tax bar bodies: SC reserves for women lawyers treasurer post, 30% seats in executive panel New Delhi: The Supreme Court on Wednesday directed reserving the treasurer's post and 30 per cent seats for women lawyers in the executive committee of Delhi Sales Tax Bar Association and Delhi Tax Bar Association.

FOREIGN FGN44 WEF-INDIA-JAYANT

New pact with European bloc to bring USD 100 bn investment, create 10 lakh jobs in India: Jayant Davos: A new Trade and Economic Participation Agreement with a four-nation European bloc will bring USD 100 billion worth of investment and create one million jobs in India, Union Minister Jayant Chaudhary said on Wednesday. By Barun Jha

FGN32 US-QUAD-LD STATUS QUO

Quad ministers oppose any unilateral actions seeking to change status quo by force: Statement Washington: In a move sending a strong signal to China, foreign ministers from Quad countries -- India, Australia, Japan and the US -- in a joint statement have strongly opposed any unilateral actions that seek to change the status quo by force or coercion. By Lalit K Jha

FGN31 US-TRUMP-LD H1B

I like competent people coming to US: says President Trump amid H-1B visa debate Washington: US President Donald Trump has said he likes both sides of the argument on the H-1B foreign guest workers' visa, noting that the country needs "very competent" and "great" people which is possible through this visa programme. By Lalit K Jha

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