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September 1, 2026
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Windfall gains tax on petroleum exports rises for petrol and diesel while aviation turbine fuel levy is reduced.
Special additional excise duty and road and infrastructure cess on petroleum-product exports are revised with effect from 1 September 2026. The export duty on diesel is increased, the levy on aviation turbine fuel is marginally reduced, and a duty is imposed on petrol exports. Existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall-tax framework seeks to support domestic fuel availability and deter exporters from benefiting from domestic and international price differences.
September 1, 2026
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Automated Free Sale and Commerce Certificate issuance reduces manual scrutiny while preserving risk-based review for eligible exporters.
DGFT has enabled automated issuance of Free Sale and Commerce Certificates through its portal for eligible exporters of items not covered by the Drugs & Cosmetics Act, 1940. Applications satisfying prevailing framework and automated processing parameters may be issued without manual scrutiny. Applications requiring verification or not meeting those parameters may be routed for manual processing, while auto-approved applications may be flagged later for risk-based review. The mechanism seeks faster, more transparent and predictable processing while retaining necessary oversight.
September 1, 2026
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Five-day banking and equitable performance incentives drive planned nationwide bank union strike amid unresolved pension demands.
United Forum of Bank Unions has proposed nationwide strike action over delayed five-day banking, the performance-linked incentive framework, and unresolved pension demands. Five-day banking was agreed under the 12th Bipartite Settlement/9th Joint Note with extended Monday-to-Friday working hours, but remains pending for implementation. Unions challenge the incentive scheme for departing from a uniform, bank-performance-linked approach and for disproportionately benefiting senior officers. The dispute is under conciliation and pending before the Delhi High Court, while pension updation, a uniform dearness allowance formula, and an old pension scheme option remain unresolved.
September 1, 2026
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Equity market volatility intensified as higher crude prices, geopolitical tensions and tighter monetary expectations weakened domestic investor sentiment.
Indian equity markets closed marginally lower as higher crude oil prices, US-Iran tensions, and expectations of prolonged tight United States monetary policy weakened risk appetite. The phased Closing Auction Session contributed to a late recovery in the benchmark index. Rising crude prices and global bond yields triggered broad-based selling across several domestic sectors, while foreign institutional equity sales and weakness in overseas markets added to pressure despite stronger-than-expected domestic economic growth.
September 1, 2026
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GST revenue collections show higher gross and net receipts alongside increased refunds and state-level settlement data.
GST revenue collections for August 2026 recorded total gross GST revenue of Rs. 1,99,853 crore, reflecting 14.8% growth over August 2025. Total refunds were Rs. 31,795 crore, including domestic refunds and export IGST refunds processed through ICEGATE. After adjustment of refunds, total net GST revenue was Rs. 1,68,057 crore, representing 8.3% growth. SGST collections and the SGST component of IGST settlement were separately identified for States and Union Territories, with post-settlement SGST aggregating Rs. 95,531 crore.
September 1, 2026
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Trade facilitation and customs preparedness feature in AILBIEA's Silver Jubilee knowledge conference on liquid bulk commerce.
AILBIEA's Silver Jubilee programme focuses on trade facilitation, customs modernisation, GST dispute preparedness and maritime-risk issues affecting liquid bulk trade. The Knowledge Conference includes sessions on the Authorised Economic Operator advantage, next-generation customs technology, GST Appellate Tribunal-era dispute preparedness, and geopolitical risks to sea-borne trade. It also marks the launch of AGS 360, integrating port information, vessel tracking, port-call estimates and maritime intelligence.
September 1, 2026
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Personal guarantor insolvency: repayment plan stayed pending majority determination, with restraint on direct or indirect asset alienation.
Personal-guarantee insolvency proceedings involve a stay on implementation of a repayment plan because the earlier members' views did not produce a clear majority capable of taking effect. The personal guarantor has been restrained from directly or indirectly alienating assets pending further hearing. The dispute follows split views on approval of the plan, claim admission and voting, followed by a third-member opinion that did not resolve the absence of a determinative majority. Creditors dispute the proposed recovery, claim treatment and declared net worth relevant to the guarantees.
September 1, 2026
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Rupee exchange-rate movement reflects portfolio inflows, growth data and possible central-bank support, while crude oil prices constrain gains.
Foreign-exchange market conditions strengthened the rupee by 28 paise to 94.94 against the US dollar, supported by domestic growth, controlled fiscal slippage and portfolio inflows. Possible Reserve Bank of India intervention was also identified as supportive. Higher crude oil prices, weak domestic equities and hawkish US monetary-policy signals were identified as constraints on further appreciation. Foreign investment flows, stronger-than-expected domestic growth and the fiscal-deficit position remained material factors affecting currency conditions.
September 1, 2026
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Money-laundering probe into public service recruitment irregularities examines alleged question-paper leaks, selection manipulation, and laundering through purported CSR donations.
Money-laundering investigation under the Prevention of Money Laundering Act concerns alleged irregularities in Public Service Commission recruitment examinations. Allegations include question-paper leaks, manipulation of candidate selection, and illegal gratification for securing appointments of relatives and favoured candidates. Recruitment rules were allegedly amended to facilitate selection of relatives. Alleged proceeds of crime were collected in cash and routed through layered banking transactions, including through a family-controlled samiti presented as receiving corporate social responsibility donations for a non-existent college.
September 1, 2026
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Personal guarantor settlement scrutiny intensifies as asset alienation is restrained pending review of a disputed creditor repayment proposal.
A five-member special bench found that no clear majority view existed under section 419(5) of the Companies Act and stayed the third member's order that had permitted the proposed recovery. Notices were directed to all parties, and the guarantor was restrained from directly or indirectly alienating property pending further consideration. The dispute concerns approval of a personal guarantor's repayment proposal, treatment of guarantee claims, creditor voting support, assessment of the personal estate, and scrutiny of declared net worth.
September 1, 2026
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Personal insolvency proceedings restrict property alienation while notices issue to parties in the debtor's case.
A five-member special National Company Law Tribunal bench hearing Subhash Chandra's personal insolvency matter issued notices to all parties and restrained him from alienating property directly or indirectly. The restraint applies during the continuing insolvency proceedings and concerns dealings with the relevant property. The procedural measure requires the interested parties to participate in the matter.
September 1, 2026
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Aadhaar authentication alternatives enable eligible farmers with failed fingerprint verification to access loan-waiver benefits after identity verification.
Elderly farmers whose fingerprints cannot be captured for Aadhaar authentication may approach an Aaple Sarkar Seva Kendra with their Aadhaar card and bank passbook. Loan-account details are verified on the scheme portal before authentication is initiated. If authentication fails, the concerned tehsildar verifies identity using the Aadhaar card, bank passbook and 7/12 land record extract. Eligible farmers receive loan-waiver benefits directly in their bank accounts after authentication, identity verification and satisfaction of the scheme's eligibility criteria.
September 1, 2026
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GST collection growth reflected higher domestic and import revenue, while increased refunds moderated net collections during August.
GST collections recorded year-on-year growth in August, with gross receipts reaching about Rs 2 lakh crore. Domestic transaction revenue increased to over Rs 1.37 lakh crore, while import-related revenue rose to Rs 62,604 crore. Refunds increased to Rs 31,795 crore, and net GST collections stood at Rs 1.68 lakh crore after refunds.
September 1, 2026
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Personal insolvency repayment plan faces fresh hearing after a split bench prevents enforcement and restrains guarantor property transfers.
Personal insolvency proceedings were reopened before a five-member special bench after a split view on a repayment plan. As no majority view existed, including that of the third member, no final order was in force and the repayment-plan determination could not be acted upon. Notices were issued to all parties, including dissenting creditors, and the guarantor was restrained from directly or indirectly alienating property pending further consideration. Dissenting creditors also challenged the repayment-plan determination before the appellate tribunal.
September 1, 2026
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Equity market sentiment weakens as higher crude prices, geopolitical tensions and tighter monetary policy expectations curb risk appetite.
Equity-market sentiment weakened as higher crude oil prices, renewed US-Iran tensions, and expectations of prolonged tight US monetary policy reduced emerging-market risk appetite. The Sensex and Nifty declined, while domestic GDP growth above projections offered partial support. Weakness in several Asian markets, a lower US market close, and net foreign institutional equity sales reinforced cautious trading conditions.
September 1, 2026
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Money laundering investigation triggers searches linked to alleged Public Service Commission irregularities, including premises of a former chief minister's assistant.
A money-laundering investigation under the Prevention of Money Laundering Act has led to searches at seven locations in Chhattisgarh in connection with alleged irregularities at the Chhattisgarh Public Service Commission. The search operation includes the premises of K. K. Chandrakar, personal assistant to former Chief Minister Bhupesh Baghel. The investigation remains at the search and inquiry stage.
September 1, 2026
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Income-tax return filing: non-audit business and professional taxpayers use applicable forms by prescribed due dates.
August 31, 2026 was the due date for taxpayers having business or professional income who were not subject to audit. Such non-audit taxpayers may use ITR-3, ITR-4, ITR-5 or ITR-7, as applicable. ITR-3 applies to individuals and Hindu Undivided Families with proprietary business or professional income, while ITR-4 is intended for small and medium taxpayers. ITR-5 applies to firms, limited liability partnerships and cooperative societies, and ITR-7 applies to trusts and charitable institutions.
September 1, 2026
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Gold smuggling enforcement targets transit abuse, concealed carriage, and border routes through coordinated seizures and arrests nationwide.
Intelligence-led enforcement against organised gold smuggling resulted in the seizure of over 42 kg of foreign-origin gold and around 10 kg of foreign-origin silver, collectively valued at more than Rs. 65 crore, and the arrest of 25 persons. Operations targeted networks using airport transit routes, airport personnel, land-border corridors, coastal routes, and domestic road transport. Gold was concealed in wax, compound, paste, raw-chain and bar forms, including through body concealment, internally secreted capsules, clothing, and specially created cavities.
September 1, 2026
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Predictive consumption-expenditure framework will use household survey data to support poverty estimation, consumption analysis, and economic planning.
MoSPI and Thapar Institute of Engineering & Technology have entered into a memorandum of understanding for a research study to develop a predictive and analytical framework for monthly consumption expenditure in India. The study will use Household Consumption Expenditure Survey data to estimate Monthly Per Capita Consumption Expenditure at national and state levels, analyse household consumption patterns, and generate evidence relevant to poverty estimation and broader economic planning.
August 31, 2026
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Personal insolvency repayment plans: conflicting views on binding dissenting creditors prompted reconsideration through an expanded adjudicatory bench.
National Company Law Tribunal constituted a five-member bench after conflicting views on a personal insolvency repayment plan left no majority position for a formal order. The central issue is whether creditor approval of the plan binds dissenting creditors and extinguishes their claims against the personal guarantor. One view preserved dissenting creditors' independent recovery rights, while another applied the creditor-approved plan uniformly to all creditors. Disagreement also concerns the Adjudicating Authority's power to examine the resolution professional's report of the creditors' meeting.

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Top 3 AI Cryptocurrencies

February 7, 2025

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With the top 3 AI cryptocurrencies leading the way, these projects combine cutting-edge technology with decentralized platforms to create smarter, more efficient ecosystems.

Among the top artificial intelligence cryptocurrencies are Dawgz AI, Fetch.ai, and SingularityNET.

These tokens represent the next generation of AI and blockchain applications, providing users with platforms that offer everything from automated trading to decentralized machine learning.

Let's dive into the top 3 AI cryptocurrencies that are leading this transformation, with #1 Dawgz AI.

Top 3 AI Cryptocurrencies Reshaping the Market The combination of market cap expansion and market capitalization growth, along with the rise of AI-powered services, is paving the way for a new era of cryptocurrency.

These top artificial intelligence cryptocurrencies are not only changing the way transactions are conducted but also enhancing the accuracy of decision-making in a wide range of sectors.

Here’s a look at the three leading AI tokens in the blockchain space: 1. Dawgz AI Dawgz AI is at the forefront of AI-powered crypto trading, offering a unique solution where AI actively analyzes market data to execute high-frequency trades.

Unlike other AI-based coins that focus solely on decentralized AI platforms or AI-powered data-sharing, Dawgz AI delivers real financial benefits by providing automated trading solutions to its holders.

Dawgz AI operates using an advanced AI model that scans the market 24/7, analyzing trends and transactions to execute profitable trades on behalf of its users.

With market cap growth exceeding expectations and a rapidly expanding community, this coin is proving to be a top contender in the AI crypto space.

Its market cap and rewards got Dawgz AI mentioned as the #1 coin today in Blockchain Reporter.

By utilizing AI-driven insights, Dawgz AI ensures its holders are always a step ahead in the market.

Key Features of Dawgz AI • AI-powered trading bots – Automatically analyzes market patterns and executes trades in real-time.

• Staking rewards – Holders can earn passive income by staking their tokens on the platform.

• Growing market capitalization – Over $907K raised in its presale, with increasing demand.

• Accuracy – Uses cutting-edge AI to make real-time decisions and ensure optimized profitability.

• Smart contract integration – Automates transactions and trade execution based on AI-generated predictions.

The launch of Dawgz AI has brought a significant change to the way AI interacts with the cryptocurrency space.

By offering both immediate profits and long-term staking incentives, it stands out as one of the most promising AI tokens available.

2. Fetch.ai ($FET) Fetch.ai is another powerful player in the top 3 AI cryptocurrencies.

This platform enables the AI-powered automation of real-world tasks, from optimizing supply chains to improving energy consumption and trading algorithms.

With a focus on decentralized machine learning, Fetch.ai is pioneering the future of AI-based applications that require little to no human intervention.

Fetch.ai’s autonomous agents perform tasks like managing energy grids, automating logistics, and improving blockchain-based transactions.

The decentralized nature of its platform ensures that AI solutions are more secure, transparent, and scalable, as they are not reliant on centralized servers or third-party services.

Why Fetch.ai is a Top AI Cryptocurrency • Decentralized AI – Fetch.ai offers a decentralized ecosystem where AI agents can perform tasks autonomously.

• Smart contract compatibility – Integrates AI with blockchain transactions to create a more efficient system.

• Market cap growth – Fetch.ai’s market valuation continues to increase as its platform expands across various categories like finance and supply chain management.

Fetch.ai's unique combination of AI tokens, decentralized learning, and automation makes it one of the top artificial intelligence cryptocurrencies on the market today.

3. SingularityNET ($AGIX) SingularityNET has created a platform for developers to buy, sell, and share AI-powered services on a blockchain-based marketplace.

This decentralized marketplace has rapidly become one of the most innovative projects in the AI tokens space, offering AI solutions to businesses without the need for in-house development.

One of SingularityNET’s most ambitious goals is the development of Artificial General Intelligence (AGI).

AGI is a form of AI that can adapt and learn across multiple domains, mimicking human-like intelligence.

This represents a major leap forward for AI-powered solutions, and SingularityNET is playing a pivotal role in making it a reality.

Why SingularityNET is a Leading AI Project • Decentralized AI marketplace – A platform for businesses to purchase and share AI services.

• Smart contract integration – Uses AI to automate business processes across various industries.

• Native token ($AGIX) – Facilitates payments within the ecosystem and allows for network governance.

As a marketplace for AI services, SingularityNET is paving the way for AI to become more accessible and adaptable across industries.

Its ambitious approach to AGI development sets it apart from other AI crypto projects, and it is rapidly gaining market capitalization as users flock to the platform for its diverse services.

Dawgz AI: The Leader of the AI Cryptocurrency Revolution Among the top 3 AI cryptocurrencies, Dawgz AI stands out not only because of its AI-driven trading model but also because of its immediate impact on market cap and the ability to deliver financial results for its users.

Unlike Fetch.ai and SingularityNET, which focus on decentralized AI or AI service markets, Dawgz AI provides an AI platform that delivers automated trading with real-time financial gains.

By focusing on market capitalization, tokens, and AI’s direct role in trading, Dawgz AI is making its mark as a true innovator in the blockchain and cryptocurrency industries.

With growing capital and a platform that works for its holders, Dawgz AI is leading the charge in AI tokens for automated profits.

Conclusion The top 3 AI cryptocurrencies, including Dawgz AI, Fetch.ai, and SingularityNET, are ushering in a new era of AI-powered blockchain solutions.

With their diverse approaches - from trading automation to decentralized AI services - these coins are setting new standards for how AI integrates with blockchain technology.

As the market cap of these tokens continues to grow, these projects will undoubtedly lead the way in AI cryptocurrencies for years to come.

Keep an eye on Dawgz AI, Fetch.ai, and SingularityNET as they continue to reshape the market and drive the future of AI in blockchain.

Frequently Asked Questions What is the best AI cryptocurrency? The best AI cryptocurrency right now is Dawgz.AI. Unlike other AI tokens, Dawgz.AI stands out due to its AI-powered trading bots that actively work to generate profits for its holders.

This platform scans the market 24/7, executing high-frequency trades to maximize returns.

It also offers staking rewards, allowing users to earn passive income.

With a growing market cap and increasing demand, Dawgz.AI is quickly becoming one of the most promising AI coins on the market today.

What are the top 3 AI stocks to buy now? If you’re looking beyond the world of AI cryptocurrencies, some of the top AI stocks to consider are: • Nvidia (NVDA): Leading the way in AI-powered GPUs and computing hardware for machine learning and artificial intelligence models.

• Palantir (PLTR): Specializing in AI-driven data analytics and big data processing, which is used by government agencies and large enterprises.

• C3.ai (AI): Focusing on AI enterprise solutions, offering businesses AI-powered automation and analytics tools to optimize decision-making and operations.

Which AI coin will boom in 2025? Dawgz.AI is set to boom in 2025. With its innovative AI-powered trading solutions and staking rewards, this AI coin is positioned for significant growth.

As market capitalization continues to rise and more users get involved, Dawgz.AI stands out as a high-potential investment.

The automated trading functionality and its AI-driven market strategies are expected to gain even more traction, making it one of the most exciting AI tokens in the market.

What are the 3 major cryptocurrencies? The 3 major cryptocurrencies are: • Bitcoin (BTC): The first and largest cryptocurrency, regarded as digital gold and a store of value.

• Ethereum (ETH): Known for its smart contract capabilities, Ethereum is at the heart of decentralized finance (DeFi) and AI-powered applications.

• Binance Coin (BNB): The native token of the Binance exchange, used for transaction fees and various platform services within the Binance ecosystem.

These three cryptocurrencies dominate the market, with massive market capitalization and widespread platform adoption across industries.

(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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