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    ED arrests Chhattisgarh Congress leader in liquor 'scam' case; sent to 7 days' custody
    Sales Tax Assistant Commissioner arrested for demanding bribe of Rs 8 lakh
    Net direct tax kitty grows 23 pc to Rs 8.11 lakh cr on slower refunds, higher non-corp taxes
    Delhi court sets aside summon order in cheque bounce case
    BRICS grouping discussing linking CBDCs, fast payment systems: RBI Guv Malhotra
    PM GatiShakti National Master Plan Enables Integrated and Coordinated Infrastructure Planning
    GeM Strengthens Participation of MSMEs, Startups, Women Entrepreneurs and SHGs
    Net direct tax collection grows 23 pc to Rs 8.11 lakh cr so far this fiscal
    National Accreditation Board for Testing and Calibration Laboratories Launches India’s First Accreditation Scheme for Mobile Food Testing Laboratori...
    Commerce and Industry Minister Shri Piyush Goyal awards top buyers and sellers on GEM platform at the 10th Anniversary celebrations of GEM
    PolicyBazaar working with partners to fast-track Assam flood insurance claims
    ED arrests Chhattisgarh Congress leader in liquor 'scam' case
    ED arrests Chhattisgarh Congress leader in liquor scam case
    Register FIR in cases of missing persons immediately, irrespective of age or gender: SC
    ED freezes 182 bank accounts, seizes Rs 1 cr cash in connection to Rs 2k crore chit-fund scam
    Rupee falls 8 paise to 95.38 against US dollar in early trade
    Punjab Assembly passes nine key bills
    Mumbai court denies nod to Nirav Modi's sister to record her statement via video link in PNB case
    'Organised loot' of Rs 2.86 lakh crore from people's pockets: Surjewala accuses govt
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    August 11, 2026
    Show AI Summary
    Money-laundering investigation into alleged liquor-sale proceeds led to arrest and custodial questioning amid contested political allegations.
    Money-laundering investigation concerning an alleged liquor scam led to the Enforcement Directorate's arrest of Ramgopal Agrawal and seven days' custodial remand under the Prevention of Money Laundering Act. The agency alleged his connection with proceeds of crime, non-attendance despite multiple summonses, and evasiveness during questioning. Allegations concern purported control of the state excise department, illegal liquor sales, and sharing of commissions. The Congress has denied the allegations and described the investigation as politically motivated.
    August 11, 2026
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    GST inquiry closure bribery allegations prompted anti-corruption proceedings against a Sales Tax officer under corruption law.
    Alleged bribery in GST inquiry closure led to the arrest of a Sales Tax Assistant Commissioner after a scrap trader complained of a demand for illegal gratification to close an inquiry initiated through a GST show-cause notice. Anti-corruption officials reportedly verified the allegation through intermediaries, during which the officer allegedly agreed to accept payment for closing the matter. A criminal case was registered under the Prevention of Corruption Act, with further investigation ongoing.
    August 11, 2026
    Show AI Summary
    Direct tax collection growth reflected stronger non-corporate taxes and securities transaction tax receipts alongside slower refund issuances.
    Net direct tax collections increased by 23 per cent to over Rs 8.11 lakh crore through August 10, driven by higher non-corporate tax collections and slower refund growth. Gross direct tax collections grew by 19.75 per cent to about Rs 9.55 lakh crore. Net corporate tax collections rose about 20 per cent, net non-corporate tax collections rose 23 per cent, and Securities Transaction Tax collections increased 51 per cent. Refund issuances grew by 3.8 per cent year-on-year.
    August 11, 2026
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    Vicarious liability in cheque dishonour cases cannot attach to trust associates without statutory status or transaction-specific involvement.
    Vicarious criminal liability for cheque dishonour under section 141 of the Negotiable Instruments Act does not extend to a trust, because a trust is not a juristic person. A person cannot be summoned merely for alleged active involvement in a trust where the person was neither drawer nor signatory of the cheques, trustee, office-bearer, authorised account operator, guarantor, or executor of transaction documents.
    August 11, 2026
    Show AI Summary
    Cross-border payment integration through CBDCs and fast payment systems remains under BRICS discussion to reduce transfer costs.
    Cross-border payment integration is under discussion through potential linkages between central bank digital currencies and fast payment systems, including UPI-type platforms. These approaches seek faster and less costly trade and remittance transfers, particularly retail payments, but remain at a discussion stage. Rupee internationalisation is also being pursued through central-bank memorandums of understanding for bilateral trade settlement in local currencies, with existing arrangements covering Indonesia, Maldives, Mauritius and the UAE.
    August 11, 2026
    Show AI Summary
    Integrated infrastructure planning under PM GatiShakti coordinates project evaluation, multimodal connectivity, geospatial data use, and decentralized implementation.
    PM GatiShakti National Master Plan provides an integrated, data-driven infrastructure planning framework using geospatial data, satellite imagery and API integration. Project approval, implementation and funding remain with the respective Central Ministries, Departments and States or Union Territories under their own plans and budgetary provisions; the framework sets no separate budgetary allocation or quantified targets. The Network Planning Group evaluates critical Central Government projects at the planning stage for multimodality, synchronisation, last-mile connectivity, comprehensive local development and coordinated decision-making.
    August 11, 2026
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    MSME procurement through GeM has expanded alongside analytics-driven controls against suspicious bidding, collusion, and vendor misconduct.
    GeM uses AI/ML analytics to detect order splitting, suspicious bidding, abnormal pricing, repeated participation and potential buyer-seller collusion. Flagged cases are placed before buyer organisations for review and action, while suspected cartels are assessed through digital-footprint, pricing and bid-timing indicators. Its Incident Management framework addresses false documents, fraud, collusive behaviour and other misconduct through administrative measures, including suspension. Anti-competitive conduct and cartel formation are Severe/Grave deviations, with proven cases attracting suspension for up to 365 days.
    August 11, 2026
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    Direct tax collections show stronger corporate, non-corporate and securities transaction tax receipts, alongside increased refunds during the fiscal period.
    Net direct tax collections grew by 23.09 per cent to over Rs 8.11 lakh crore up to August 10 of the current fiscal year, while gross direct tax collections increased by 19.75 per cent to about Rs 9.55 lakh crore. Corporate tax, non-corporate tax including personal income tax, and Securities Transaction Tax receipts recorded growth. Refunds issued between April 1 and August 10 also rose over the corresponding earlier period. Direct tax collections are budgeted at Rs 26.97 lakh crore for the fiscal year.
    August 11, 2026
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    Mobile food testing laboratory accreditation expands quality-assured testing access and supports coordinated food-safety surveillance and regulatory efficiency.
    NABL has launched an Accreditation Scheme for Mobile Food Testing Laboratories under the Integrated Assessment Programme. The framework enables mobile laboratories to provide reliable, quality-assured and internationally benchmarked food-testing services closer to communities, extending accredited testing beyond conventional laboratory settings. It is intended to strengthen food-safety surveillance, improve access to quality testing, support faster regulatory intervention and enhance consumer confidence. Coordinated assessments, regulatory harmonisation and mutual recognition are also intended to reduce duplication and improve regulatory efficiency while maintaining quality and compliance standards.
    August 11, 2026
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    Digital public procurement will expand AI-led price intelligence, marketplace integrity, inclusive access, credit linkages and sustainable purchasing.
    Government e-Marketplace is advancing an AI-enabled public procurement ecosystem focused on efficiency, transparency, competition, price intelligence and marketplace integrity. Priorities include last-mile access through Suvidha Kendras, integration of public entities, credit linkages, sustainable procurement and university outreach. A nationwide five-digit Helpdesk short code, 14550, mapped to existing infrastructure, is intended to maintain service continuity and improve access to support and official communications. The platform seeks to provide enterprises with a more accessible and predictable procurement market and buyers with a data-driven procurement experience.
    August 11, 2026
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    Expedited flood insurance claims require insurers and partners to simplify documentation and provide immediate service to affected policyholders.
    Expedited insurance-claim handling for flood-affected policyholders in Assam is being pursued through simplified documentation, prompt settlement and immediate service response. PolicyBazaar is coordinating with insurer partners to reduce processing delays. The Insurance Regulatory and Development Authority of India has directed insurers, including life insurers and standalone health insurers, to mobilise resources for immediate assistance, alongside governmental efforts for expeditious and hassle-free claim disposal.
    August 11, 2026
    Show AI Summary
    Money laundering investigation in alleged liquor scam leads to arrest and proposed custodial-remand proceedings under anti-money-laundering law.
    Money laundering investigation concerning an alleged liquor scam in Chhattisgarh led to the arrest of Congress leader Ramgopal Agrawal under the Prevention of Money Laundering Act. Custodial remand is to be sought for interrogation. The allegations concern an alleged syndicate that purportedly controlled the state excise department, enabled illegal liquor sales and distributed resulting commissions. Chargesheets name political figures, excise officials and officials associated with the Chief Minister's Office.
    August 11, 2026
    Show AI Summary
    Money-laundering investigation into an alleged liquor scam leads to arrest and proposed custodial interrogation under the prevention law.
    Money-laundering investigation under the Prevention of Money Laundering Act concerns an alleged liquor scam in Chhattisgarh. A former state political party treasurer has been arrested for alleged involvement and is to be produced before a local court for a request for custodial interrogation. The alleged scheme is stated to have involved control of the state excise department by a criminal syndicate, with multiple accused named in six chargesheets.
    August 11, 2026
    Show AI Summary
    Immediate FIR registration for every missing person is mandatory, with missing children treated as suspected kidnapping or abduction cases.
    Immediate FIR registration is required whenever information is received that any person is missing, irrespective of age or gender, without preliminary inquiry. Missing-person FIRs must include relevant provisions concerning kidnapping and trafficking. A missing child must be treated from the outset as a suspected case of kidnapping or abduction. States and Union Territories may face contempt action for non-compliance. Traced children should ordinarily be restored to their families within 24 hours unless trafficking or exploitation by the family is suspected.
    August 11, 2026
    Show AI Summary
    Money-laundering investigation targets alleged chit-fund collections, investor-fund diversion, concealed deposits, and irregular land transactions.
    Money-laundering investigation into an alleged multi-state chit-fund scheme involved searches at premises linked to Wellfare Buildings and Estates Pvt Ltd and its directors, seizure of cash, vehicles, property-related records and digital devices, and freezing of bank accounts. The alleged scheme concerns unauthorised public-fund collection through land-allotment schemes, followed by closure of operations. Allegations include diversion of investor funds, manipulation of financial statements to conceal deposits, and irregular land transactions intended to suppress actual consideration and evade statutory obligations.
    August 11, 2026
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    Rupee exchange-rate pressure intensified as crude oil, regional uncertainty and weaker equities constrained the local currency in early trade.
    Foreign-exchange market conditions placed the rupee under pressure against the US dollar amid West Asia uncertainty, higher crude oil prices, and weaker domestic equity markets. Foreign institutional investor inflows and Reserve Bank of India intervention supported the rupee and limited further depreciation. Reported dollar sales through state-run banks helped contain downside pressure despite rising Brent crude prices and uncertainty concerning the Strait of Hormuz.
    August 10, 2026
    Show AI Summary
    GST refund facilitation expands provisional input tax credit refunds and removes the minimum threshold for export-related IGST refunds.
    Punjab's GST amendments facilitate voluntary compliance and reduce procedural burdens by allowing a 90 per cent provisional input tax credit refund in inverted duty structure cases and removing the minimum threshold for IGST refunds on exported goods. Additional measures cap annual fee increases by private unaided educational institutions, establish digital open universities for technology-enabled higher education, protect trees and green cover, and address common infrastructure, panchayati raj, and contractual engagement of outsourced State personnel.
    August 10, 2026
    Show AI Summary
    Video-conference statements for an approver application were declined, requiring the accused's statement to be recorded before consideration.
    Special CBI Court rejected an accused's request to record her statement through video conferencing in a bank-fraud prosecution. The accused had sought to become an approver, and her statement was required to be recorded before consideration of that application. She and her husband had previously become approvers in a related money-laundering matter involving alleged fraudulent Letters of Undertaking.
    August 10, 2026
    Show AI Summary
    Fuel price transparency highlights allegations over excise duty, consumer retail costs, and profit disclosures by state-run oil marketing companies.
    Fuel pricing, central excise duty and profits of state-run oil marketing companies are examined through allegations that retail fuel prices and tax policy imposed excessive costs on consumers while generating substantial company profits. The criticism contrasts high crude-price periods with lower retail prices and lower excise duty against a later period in which reduced crude prices were allegedly not passed through to consumers. Profit-margin disclosure is also raised as a transparency issue, with parliamentary information described as covering oil prices, global crude prices and company profits.
    August 10, 2026
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    Discharge in money-laundering proceedings turns on whether pre-charge material sufficiently establishes the alleged offence.
    Discharge in a money-laundering prosecution was sought before a special PMLA court concerning alleged siphoning and laundering of loans advanced to Jet Airways by Canara Bank. The prosecution was directed to respond, subject to the applicant not seeking adjournment. Discharge is available after filing of a chargesheet and before framing of charges where the material before the court is insufficient to establish the alleged offence. The proceedings arise from a CBI FIR concerning alleged bank fraud involving Jet Airways and associated persons.

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      Luxury, Tier 2 Markets & Digital Trends Ft. Udita Bansal & Kritika Lalchandani on Brand Ki Baat by NewsReach

      January 29, 2025

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      NewsReach brings you unfiltered stories from professionals shaping the world of branding on Brand ki Baat Luxury is no longer confined to metro cities—it’s thriving in tier 2 markets, where aspirations are rising, purchasing power is growing, and digital trends are redefining how brands connect with diverse consumer groups. These markets blend tradition with modernity, requiring brands to move beyond selling products and focus on building trust through authentic storytelling and hyper-personalized strategies. By leveraging local insights and innovative digital tools, brands can create meaningful connections that resonate deeply with these audiences. In this dynamic landscape, those who adapt and align with the evolving aspirations of tier 2 markets are paving the way for long-term success and redefining the future of luxury. From small beginnings to large-scale growth, the focus is on crafting stories that speak to the heart of an ever-changing market.

      Welcome to Crafting Bharat: Brand Ki Baat, an industry-first podcast that takes you behind the curtain to meet the masterminds bringing brands to life. In our second episode, join Shubhreet Kaur, Host and VP – Integration at Adfactors PR, in conversation with Udita Bansal, Founder at trueBrowns Lifestyle and Kritika Lalchandani, Founder & CEO at Apostrophe Communications.

      This series is proudly brought to you by NewsReach, India’s leading PR-tech platform, with segment partner Blue Tea, gifting partner The Forbidden Journeys, insurance partner Beacon Insurance Brokers Pvt Ltd and wardrobe partner White Chaos. Tune in for stories, insights, and inspiration! Video link: https://www.youtube.com/watch?v=9xKG1ba-RSU Edited Excerpts: Kritika, what inspired you to start your agency in such a competitive landscape? Kritika Lalchandani (Apostrophe Communications): My decision to start Apostrophe Communications was a culmination of years of experience, an inner drive, and a sense of unfulfilled potential. I began my PR journey in 2009, working as an in-house communications manager for midsize agencies and luxury brands. Over the years, I learned the ins and outs of the industry, but I often felt like I wasn’t fully aligned with my purpose.

      “There’s always this itch,” I said, and for me, it was a nagging feeling that I could create something better, something more in tune with the evolving PR landscape. Initially, I started freelancing to test the waters. It was a slow, deliberate process, but once I gained momentum and clarity, I formalised it into a full-fledged agency.

      In 2017, Apostrophe Communications came to life. It wasn’t easy to step into a competitive landscape, but I believed in my vision. As I often say, “Onwards and upwards.” The thrill of pitching, winning clients, and building a team from scratch has been a fulfilling, albeit challenging, journey.

      Udita, what made you start True Browns? What was the inspiration behind the brand? Udita Bansal (truebrowns Lifestyle): The story of trueBrowns is deeply personal and a mix of both necessity and vision. When I moved from Bangalore to Gurgaon, I was actively looking for corporate jobs but couldn’t find anything suitable. That situation pushed me to think differently about my career path. But the bigger inspiration came from my own needs as a consumer.

      “As I was getting older, I found myself embracing ethnicity more and more,” I shared, but I couldn’t find a brand that resonated with my style. I wanted ethnic wear that was fun, modern, and comfortable, but I felt like nothing in the market met those criteria. This realization planted the seed for True Browns.

      The brand was built on the philosophy of going back to roots with minimalism at its core. “Even today, solids are our core,” I explained, “and we stay away from heavy embellishments.” My vision was to create a brand that spoke to women who are “driven from within, embracing their roots but in their own unique way.” Staying true to this philosophy has been the foundation of everything we do at trueBrowns.

      Udita, how do you engage with tier-two and tier-three audiences while staying true to your brand ethos? Udita Bansal (truebrowns Lifestyle): Engaging with tier-two and tier-three audiences requires a nuanced approach. We’ve found that getting closer to consumers through language and culture is key. “For example, when we opened a store in Ahmedabad, we did a press release in a local newspaper to ensure we reached our target audience.” Similarly, our digital creatives are often designed in regional languages to make them more relatable. Influencer marketing is another significant focus for us. “We collaborate with regional influencers who understand the local audience’s preferences, language, and cultural nuances.” These efforts have proven to be highly effective. The engagement and conversion rates we see in these markets often outperform tier-one cities. “It’s about relevance. The more relatable the content, the stronger the connection with the audience.” Kritika, how do you balance traditional media and the dynamic digital landscape? Kritika Lalchandani (Apostrophe Communications): The PR landscape has transformed significantly. “Earlier, it was linear; now, it’s 24/7 live streaming.” Back in the day, PR was about press releases, founder interviews, and media coverage. Now, it’s a mix of Instagram, Twitter, Facebook, OTT platforms, and even hyperlocal channels.

      We’ve had to adapt to this shift by becoming more versatile. For instance, when we target tier-two and tier-three cities, we prioritize regional influencers and vernacular creatives. “It’s about understanding cultural sensibilities and tailoring strategies to resonate with specific audiences.” A recent example was a campaign we did for a luxury brand. Besides Delhi and Mumbai, we targeted Itanagar, a tier-three city, because of its growing disposable income. Surprisingly, it became one of our highest sales regions. “This is why I say India is the most diverse and complex market, offering unparalleled opportunities.” If you’ve ever wondered about the genius that builds a brand’s identity, this is your all-access backstage pass. Join us as we celebrate the creative chaos and spotlight the unsung heroes behind the brands that inspire, innovate, and shape our world. These stories, fueled by passion and strategy, reveal the artistry behind building iconic identities. Stay curious, keep crafting your own narratives, and catch more unfiltered insights in our next episode.

      Brought to you by NewsReach—India’s leading PR-tech platform, in association with VCCircle and our production partner, HT Smartcast.

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

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