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    NCLT fails to arrive majority decision on Subhash Chandra's Rs 6.5 cr repayment plan
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August 31, 2026
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Personal insolvency repayment plans raise unresolved questions on dissenting creditors' rights and uniform extinguishment of claims.
Personal insolvency proceedings were referred for fresh adjudication because no majority emerged on the repayment plan. The Technical Member rejected the plan; the Judicial Member confined it to consenting creditors while preserving dissentents' recovery rights; and the Third Member approved it with uniform extinguishment of all creditors' claims. The dispute concerns whether creditor approval under section 115(1) binds dissenting creditors, the effect of section 79(2)(g), and the Adjudicating Authority's power to examine the Resolution Professional's creditors' meeting report.
August 31, 2026
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Rupee exchange-rate support through suspected intervention and FCNR(B) inflows offset pressure from dollar strength and higher crude prices.
Rupee exchange-rate movement reflected a recovery from early losses to close stronger against the US dollar, amid market expectations of Reserve Bank of India support at lower trading levels. Pressure arose from higher US Treasury yields, possible US rate-hike expectations and a broad dollar rally. Suspected intervention, FCNR(B)-related foreign-currency flows and the special USD-INR forex swap facility supported sentiment, while rising crude prices, geopolitical supply risks and foreign institutional equity outflows remained adverse factors.
August 31, 2026
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Income-tax return filing for non-audit business and professional taxpayers closes at midnight, requiring use of applicable forms.
Income-tax return filing for Assessment Year 2026-27 reaches its due date on 31 August 2026 for taxpayers having business or professional income who are not subject to audit. Such taxpayers may file the applicable ITR-3, ITR-4, ITR-5 or ITR-7. ITR-3 applies to individuals and Hindu Undivided Families with proprietary business or professional income, ITR-4 to small and medium taxpayers, and ITR-5 to firms, limited liability partnerships and cooperative societies.
August 31, 2026
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Monthly fiscal accounts track receipt composition, expenditure allocation, tax devolution, interest payments, and major subsidy outgo through July.
Union Government monthly accounts through July 2026 record total receipts comprising net tax revenue, non-tax revenue and non-debt capital receipts, with tax devolution transferred to State Governments. Total expenditure is divided between revenue and capital expenditure. Revenue expenditure includes interest payments and major subsidies.
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.

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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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