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    Gold Loan EMI or Bullet Repayment: Muthoot Finance Helps Choose Right in 2026
    EU-ASEAN Business Council Calls for stronger action on Illicit Trade, highlights India''s Strategic role
    Union Minister of Commerce & Industry Shri Piyush Goyal Announces Task Force to Support Toy Sector, Targets 5% Global Market Share by 2032.
    Bihar: Doctor held in connection with paper leak in PSC teachers' recruitment exam 2 years ago
    NYVO Launches India’s First Family Advisory Platform to Close the Investment Advisory Gap
    Tata Power to set up solar equipment manufacturing plant in Odisha
    SC asks Parsvnath Developers to file report on pending cases against it
    HDFC Bank board imposes Rs 1 lakh penalty on its MD, CFO and Group head in MSRDC case
    Gold rebounds Rs 2,440 to Rs 1.49 lakh/10g; silver climbs Rs 5,300 amid strong global cues
    Panasonic Washing Machines in 2026: Five Models with AI Connectivity, Built-In Heaters, and Smart Fabric Care
    Chandigarh University MBA Students Secure 2,605 Job Offers from 300+ Leading MNCs in 2025 & 2026; 196 Students Receive Multiple Offers
    New Handbook In-House Matters Maps the General Counsel's Rise to Business Leadership as India Builds Legal Capability Centres
    InCred Asset Management has Crossed ₹1,000 Crore in investments in listed healthcare companies, becoming one of India''s largest dedicated Healthcar...
    OmniCard Launches India's First Flexi Benefits Basket on UPI — Employee Benefits Beyond Just Meals
    Final US Section 301 Measures on Forced Labour: India Placed in Lower Tariff Tier at 10%
    Department of Commerce Reviews Flue-Cured Virginia (FCV) Tobacco Market Situation in Andhra Pradesh
    Ministry of Corporate Affairs’ ‘Corporate Mitra Scheme’ Awareness Webinar Successfully Organized by IICA Shillong for the youth and enterprises ...
    FM Sitharaman directs Income Tax dept to work for benefit of common people
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July 28, 2026
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Gold loan repayment structures require borrowers to weigh EMI interest savings against bullet repayment cash-flow flexibility and maturity obligations.
Gold loans may be repaid through EMIs, which reduce principal and interest through periodic instalments, or through Bullet Repayment, which defers principal and accrued interest until maturity. The stated framework imposes tiered loan-to-value limits and caps consumption-purpose bullet loans at 12 months, with bullet-loan collateral assessment including projected interest. EMI repayment may reduce overall interest cost for borrowers with predictable income, while bullet repayment may preserve cash flow for borrowers expecting a defined future inflow. Borrowers should compare costs and review the Key Fact Statement before choosing a structure.
July 28, 2026
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Illicit trade prevention requires coordinated intelligence sharing, risk-based shipment controls and public-private cooperation to protect supply-chain integrity.
Illicit trade prevention requires coordinated regional action through institutional intelligence-sharing, joint enforcement, regulatory alignment and public-private engagement. Proposed measures include risk-based pre-export assurance, shipment controls, digital customs tools and common principles adaptable to sector-specific risks. India is identified as a dialogue partner that can support secure regional trade through enforcement cooperation, intelligence exchange and risk-based governance. Analytical research, market intelligence, product-identification awareness and voluntary track-and-trace initiatives may assist in addressing illicit tobacco trade and strengthening lawful trade integrity.
July 28, 2026
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Toy-sector competitiveness is advanced through a task force and playbook focused on manufacturing, innovation, quality compliance and exports.
Toy-sector competitiveness is proposed to be advanced through a dedicated task force and a playbook addressing manufacturing ecosystems, value chains, standards and compliance, skills, innovation, intellectual property and exports. The task force is intended to strengthen manufacturing capability, resolve value-chain bottlenecks, enable design and innovation, develop employment and skills, improve ease of doing business and support global value-chain integration. The roadmap emphasises domestic production, quality standards, localisation, branding, cluster development and support for MSMEs and startups.
July 28, 2026
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Examination-paper leakage allegations prompt arrest over arranging teacher recruitment candidates' access to leaked questions before the competitive examination.
Alleged examination-paper leakage in the Public Service Commission teacher recruitment examination is under investigation by the state Economic Offences Unit. A doctor was arrested in connection with allegations that he participated in a conspiracy to leak the examination paper and arrange candidates' selection for payment. Investigators alleged that he arranged candidates who were taken to a hotel shortly before the examination and given access to the leaked question paper.
July 28, 2026
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Fee-only investment advisory integrates household goals, insurance and mutual fund execution through personalised, incentive-independent financial planning.
NYVO's fee-only platform integrates investments, goals, insurance and cash flows into a personalised household financial plan. Users may connect existing mutual fund holdings, assess their alignment with financial goals and execute mutual fund transactions on the platform. Recommendations are based on an in-house asset-allocation model and mutual fund rating engine, while the flat-fee structure and absence of product-linked remuneration are intended to preserve independence from sales incentives. The platform uses read-only access under the RBI Account Aggregator framework.
July 27, 2026
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Solar wafer and ingot manufacturing expansion in Odisha advances subject to environmental, water and other regulatory approvals.
A solar wafer and ingot plant is proposed on acquired special economic zone land in Odisha, subject to arrangements for environmental clearances, water and other approvals. Work is expected to commence in October, with operations targeted for January 2028. The facility is intended to support solar manufacturing capacity and may address export opportunities arising from European renewable-energy market access for non-Chinese supply chains.
July 27, 2026
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Homebuyer enforcement measures require developer compliance with deposit, project completion, and disclosure of pending cases.
Homebuyer enforcement proceedings required the developer and its directors to disclose the status of pending purchaser cases and complete outstanding work in the booked dwelling unit by the specified deadline. Earlier directions required deposit of the recoverable amount with annual interest and warned of coercive consequences for non-compliance. Protective measures included freezing bank accounts, issuing bailable warrants, and preventing creation of third-party rights or transfer of possession. Insolvency proceedings were stated not to impede enforcement of directions concerning the homebuyers' claims.
July 27, 2026
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RBI direction compliance prompted internal disciplinary action over deposit mobilisation and marketing-expenditure payments, with the matter referred to RBI.
HDFC Bank's board addressed potential divergence from applicable RBI Directions concerning deposits mobilised from the Maharashtra State Road Development Corporation and related marketing-expenditure payments. Based on recommendations of a Special Disciplinary Committee of Independent Directors, it treated the conduct as business overreach rather than mala fide conduct, personal enrichment, or improper motive. Monetary penalties and warning letters were issued to relevant employees, and the board directed communication of the matter to the Reserve Bank of India.
July 27, 2026
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Precious-metal market pricing rebounds as easing inflation concerns, global bullion strength and lower yields support gold and silver.
Precious-metal prices rebounded in the domestic market, supported by stronger global bullion trends, lower crude-oil prices, easing inflation concerns, a weaker US dollar and lower Treasury bond yields. Domestic gold gains were limited by rupee appreciation. Further bullion-price movement was linked to geopolitical developments, inflation and GDP data, US economic indicators, and monetary-policy decisions by major central banks.
July 27, 2026
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Consumer financing eligibility supports instalment purchases of washing machines through partner stores, requiring in-person application and approval.
Consumer financing for Panasonic washing-machine purchases is available through Bajaj Finance partner stores under an Easy EMI Loan or Insta EMI Card, subject to eligibility and available credit limits. Repayment is offered through instalments over specified tenures, with zero down payment available on select models. Buyers must be physically present at a partner store to apply. The process includes comparing models, verifying pre-approved eligibility through mobile-number and OTP verification, evaluating the product in store, selecting an EMI plan, and completing the transaction after approval.
July 27, 2026
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MBA campus placements across industry-linked management programmes report recruitment activity spanning finance, analytics, technology, supply chain, healthcare and marketing roles.
Chandigarh University reports MBA placement activity during 2025 and 2026 across banking, information technology, financial technology, healthcare, retail, analytics, consumer goods and automobile sectors. It describes placements in flagship, applied finance and analytics, and industry-collaborated MBA programmes, including marketing, human resources, operations, supply chain, business analytics, digital marketing, financial technology, data science and healthcare management. The release identifies industry collaborations and participating recruiters, and is issued under a PRNewswire arrangement with PTI disclaiming editorial responsibility.
July 27, 2026
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General Counsel leadership now integrates commercial decisions, regulatory risk, legal-team design, and technology adoption within corporate management.
Corporate legal departments are evolving from compliance-focused functions into strategic business partners. The General Counsel's role encompasses commercial decision-making, regulatory and reputational risk, acquisitions, market entry, contracts, disputes, crisis management and technology adoption. Increased regulatory complexity and the growth of legal capability centres require proactive legal functions with appropriately structured teams, processes, workflow allocation, and use of technology and artificial intelligence.
July 27, 2026
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Healthcare portfolio management services disclose equity strategy performance, benchmark methodology, fee treatment and the absence of regulatory performance verification.
InCred Healthcare Portfolio is identified as an investment approach/product under an Equity Strategy pursuant to a SEBI circular. Its disclosed performance is benchmarked against the BSE 500 TRI, calculated using the Time Weighted Rate of Return method prescribed by SEBI, and stated to be net of fees and expenses. Returns for shorter horizons are described as absolute returns. The performance information is expressly stated not to have been verified by SEBI, and SEBI has not certified its accuracy or adequacy.
July 27, 2026
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UPI-enabled flexi benefits wallets support employee-selected tax-efficient allowances with category controls, compliance monitoring and employer reporting.
A UPI-enabled flexi benefits wallet is described as allowing employees to allocate employer-provided allowances among eligible categories and make payments through the relevant wallet at UPI-accepting merchants. Tax-efficient treatment is stated to depend on the prescribed conditions applicable to each benefit category. Merchant-category-code controls are intended to restrict expenditure to eligible purposes, while centralised allocation, transaction visibility and reporting support employer compliance. The arrangement is stated to operate through a Reserve Bank of India licensed prepaid payment instrument framework.
July 27, 2026
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Section 301 forced-labour measures place Indian imports in a lower tariff tier while preserving specified product exclusions.
Section 301 forced-labour import measures impose an additional ad valorem duty on imports from India, with India placed in a lower additional-tariff tier than initially proposed. Specified exports that attract no additional duties, and goods already subject to Section 232 measures, remain outside the Section 301 additional duty. A substantial portion of Indian exports is therefore excluded, while the remaining exports are subject to the additional duty. The textile-specific mechanism has not yet been operationalised, and engagement continues in relation to that mechanism and bilateral trade agreement negotiations.
July 27, 2026
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FCV tobacco market stability remains under review through coordinated measures to protect growers and maintain transparent auction operations.
FCV tobacco market stability was reviewed with emphasis on protecting growers' interests and considering long-term measures for the sector. The delegation inspected Tobacco Board auction operations, interacted with growers on prevailing market conditions, and noted the transparent and orderly conduct of auctions. The Government is monitoring developments and examining appropriate measures with the State Government, Tobacco Board and stakeholders to safeguard FCV tobacco farmers' interests.
July 27, 2026
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Corporate Mitra Scheme supports MSMEs through accredited professionals delivering affordable compliance, financial, taxation, accounting and governance assistance.
The Corporate Mitra Scheme seeks to strengthen MSMEs by connecting them with accredited para-professionals providing affordable compliance and business-support services. Corporate Mitras are envisaged to assist with regulatory compliance, finance, taxation, accounting and governance, allowing enterprises to focus on growth. The scheme also trains young graduates in industry-relevant skills and creates employment opportunities. IICA Shillong serves as the nodal agency for coordination, stakeholder liaison, promotion and awareness in the North Eastern Region.
July 26, 2026
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Tax administration must deliver timely lawful service, protect public assets, and uphold integrity in tax collection.
Tax administration should assist common citizens by handling matters within departmental authority without unnecessary delay, while remaining within applicable rules. Government departments should protect public land from illegal occupation and expedite lawful land transfers, permissions, construction arrangements and procurement for departmental premises and accommodation. Integrity is the essential principle for officials performing tax-collection functions.
July 26, 2026
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Investment fraud and forged residence certificates prompted chargesheets over alleged misappropriation, fabricated revenue records, land purchases and employment access.
Criminal chargesheets concerned alleged investment fraud through false promises of high returns and alleged misappropriation of investor funds, involving a company stated to be unregistered with SEBI, RBI and the relevant Registrar of Companies. A separate chargesheet concerned alleged conspiracy to procure permanent resident certificates using forged revenue records, with the certificates allegedly used for land purchases and government employment. Forensic examination reportedly found that the relevant revenue documents were not genuine according to official records.
July 25, 2026
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Money-laundering allegations in online rummy gaming prompt prosecution proceedings and asset attachment over suspected cheating of users.
Money-laundering proceedings concerning online real-money rummy operations include a prosecution complaint against Gameskraft Technologies, RummyTime Technologies, founder-directors and associated persons. The allegations concern proceeds of crime said to arise from cheating users through rummy applications and from an addictive environment encouraging repeated wagering. The proceedings also involve provisional attachment, seizure and freezing of financial holdings, equity interests and immovable properties alleged to be connected with suspected proceeds of crime. The founder-directors' arrests were declared invalid by the Karnataka High Court, while the investigating agency proposes to challenge that order.

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Spending bill talks bog down after Trump's efforts to slash government

February 8, 2025

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Washington, Feb 8 (AP) Before President Donald Trump and Republicans in Congress can enact much of their legislative agenda, they have to deal with some unfinished business — completing work on the current budget year's spending bills. It's a task that by all accounts is not going well.

The current stopgap measure lasts through March 14. After that, without congressional action, there would be a partial government shutdown.

Five weeks is an eternity when it comes to resolving spending bills in Washington. But Trump's first weeks in office have escalated tensions between the two parties as the new administration reshapes agency priorities and dismantles existing programs without congressional approval.

A look at where the talks stand: Republicans accuse Democrats of abandoning negotiations Republican and Democratic leaders of the two appropriations committees in Congress were holding spending bill talks in late January; aides said the two sides were committed to getting a deal done. But optimism has faded in recent days.

“Obviously, the Democrats are not in a good place right now, so they walked away from talks. But it'll have to resume,” House Majority Leader Steve Scalise, R-La., said Thursday.

House Speaker Mike Johnson, R-La., gave a similar assessment, contending that comments by House Democratic leader Hakeem Jeffries of New York and some of his colleagues made it seem as though they are "trying to set up some sort of government shutdown, which I think is very unfortunate. We were negotiating in good faith and trying to get the topline number, but so far as I know, they've been sort of unresponsive the last two days or so. So I hope we can get back to it.” Rep. Tom Cole, the chairman of the House Appropriations Committee, said that he heard from Democratic lawmakers as recently as Thursday so he did not believe they were walking away from talks.

“But, we're not making the progress I would hope,” said Cole, R-Okla.

Democrats dispute GOP leadership's characterisation Connecticut Rep. Rosa DeLauro, the lead Democrat on the House Appropriations Committee, said “that is false” in response to the assertion that Democrats have withdrawn from negotiations.

“The Democrats have made their offer. We have not walked away from the table,” DeLauro said.

Jeffries told reporters that DeLauro “has been trying to get Republicans to respond to her for weeks.” “I'm hopeful that Republicans are actually willing now to sit down at the table and reach a spending agreement, in the best interest of the American people, not in the best interest of their billionaire donors,” Jeffries said.

Tensions over topline spending levels Under terms of an agreement that former Speaker Kevin McCarthy, R-Calif., worked out with then-President Joe Biden, spending for defence and non-defence would increase by 1 per cent for the current budget year, which began October 1. That would bring the tallies to about USD 895.2 billion for defence and USD 780.4 billion for non-defence.

Congress set the spending levels to grow below the rate of an inflation, at the insistence of Republicans, as part of a package that also suspended the debt limit so that the federal government could continue paying its bills. Democrats say an agreement is an agreement.

“That is the path forward that will allow everyone to come together to reach a spending agreement that meets the needs of the American people,” Jeffries said.

Republicans don't see it that way.

Cole said Democrats are having a hard time adjusting to the reality of Trump being in the White House and Republicans controlling both chambers of Congress.

“We have to remember the deal they are trying to enforce is when we had a Democratic president and a Democratic Senate. We don't have those anymore,” Cole said. “And in particular, the president doesn't feel bound by an agreement made by another president that didn't go down on his watch." Cole said that “there's only one signature that matters right now and it's not Joe Biden's anymore.” Democrats wary as Trump and Musk revamp federal government Democrats are struggling to keep up and provide a unified response to Trump's first weeks in office as government workers are pushed to resign, entire agencies are dismantled and Elon Musk's team from the so-called Department of Government Efficiency gains access to sensitive information of countless Americans.

They are worried about how current government services are being affected, with Democrats accusing the administration of blocking hundreds of billions of dollars in previously approved funding. Those concerns are also swaying their thinking as they approach the spending bill negotiations.

“The level of trust is at the lowest I have ever seen it here in Congress,” said Washington Sen. Patty Murray, the top Democrat on the Senate Appropriations Committee. “It is up to our Republican colleagues to stand up to this and assure us an agreement and a law is real.” DeLauro said Democrats need assurances that Republicans will follow through on whatever spending agreement the negotiators reach.

"You won some. I won some. We lost some each. But we have a deal. And that's got to be it. Those assurances have to be made,” DeLauro said.

Plan B If lawmakers fail to reach agreement on a full-year spending measure, then it's possible that they could also pass another temporary measure to keep the government open for a few more weeks or months while they try to work out their differences.

Such stopgap measures, called continuing resolutions or CRs in Washington parlance, generally fund government programs and agencies at current levels.

“I don't want a CR,” Cole said. “But I certainly prefer a CR to a shutdown.” (AP) GSP

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