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    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
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    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
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    Punjab Assembly passes nine key bills
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    Parliamentary panel seeks details on Railways’ efforts to boost domestic bullet train capabilities
    Haryana CM Saini launches MSME and Export Promotion Policy 2026
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    APEDA Facilitates First-Ever Export of Mustard Honey by Dergang FPO from Tripura to Dubai
    Parliament passes The Bankers' Books Evidence Bill, 2026
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    Delhi HC gives Kejriwal 4 weeks to respond to ED pleas against acquittal in two cases
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    August 11, 2026
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
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    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
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    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
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    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
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    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
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    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
    Show AI Summary
    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.
    August 10, 2026
    Show AI Summary
    High-speed rail indigenisation and infrastructure performance monitoring require skills development, comparative planning, measurable station assessments and freight-terminal dashboards.
    Parliamentary oversight calls for accelerated indigenisation of high-speed rail components, capacity-building through international expertise, and comparative study of successful high-speed rail systems for future corridors. Redeveloped stations should be assessed through measurable indicators concerning passenger use, accessibility, cleanliness, commercial occupancy, maintenance and feedback, with completed-project practices documented and shared. Operational cargo terminals and cargo-related facilities should be monitored through a digital dashboard covering utilisation, rake performance, mechanisation, connectivity, safety compliance and customer satisfaction.
    August 10, 2026
    Show AI Summary
    MSME and export promotion framework expands finance, technology, infrastructure, sustainability and global-market support for enterprise growth.
    Haryana Progressive MSME and Export Promotion Policy 2026 creates a five-year framework for MSME growth through financial incentives, institutional support, industrial infrastructure, technology adoption and export facilitation. Identified thrust-sector enterprises may receive capital and interest subsidies, stamp duty reimbursement, employment assistance, insurance support, and incentives for automation, artificial intelligence, testing and research. Proposed venture capital and credit guarantee funds seek to improve institutional and collateral-free finance. Export support covers international certifications, credit, insurance, freight, e-commerce, trade fairs, documentation, compliance and buyer connections, alongside sustainability and inclusive entrepreneurship measures.
    August 10, 2026
    Show AI Summary
    Employee data exposure alerts trigger review of alleged password spraying and MFA fatigue, with customer and operational systems unaffected.
    Employee data exposure alerts prompted TCS to review allegations concerning limited basic employee information that appears to be more than four years old. No indication exists that customer data, customer systems, or operational systems have been affected. The alleged vectors involve password spraying and multi-factor authentication fatigue. TCS states that safeguards against these techniques have been in place for more than two years, its controls remain effective, and monitoring and further assessment will continue.
    August 10, 2026
    Show AI Summary
    Mustard honey export demonstrates FPO-led aggregation, quality-focused production and industry collaboration for international agricultural market access.
    Mustard honey export from Tripura to Dubai marks the first international shipment by Dergang Farmer Producer Organisation, supported through export-oriented aggregation and market linkage initiatives. The export creates overseas market access for local beekeepers and farmers, diversifies the honey value chain, and encourages quality-focused production. Industry collaboration supported bee production and an export-oriented supply chain, while capacity building, quality assurance, value addition and market linkages can strengthen agricultural exports and farmer participation in international markets.
    August 10, 2026
    Show AI Summary
    Digital banking evidence gains recognition through a modernised framework for physical and electronic records, with privacy and security safeguards.
    The Bankers' Books Evidence Bill, 2026, modernises the evidentiary framework for bankers' books by permitting banking records to be produced in physical or electronic form in legal proceedings. It recognises electronic, digital and virtual records and enables the Central Government to extend the regime to other regulated financial entities, supporting a uniform financial-sector evidentiary framework. The framework seeks secure and transparent use of banking records while safeguarding customer privacy, confidentiality and data security.
    August 10, 2026
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    Illicit opioid medicine exports exposed through concealed cargo, clandestine manufacturing, repacking, and attempted transnational trafficking to Nigeria.
    Illicit manufacture and attempted export of controlled opioid medicines were detected in a network producing, concealing, storing and exporting Tramadol Hydrochloride tablets to Nigeria. A consignment declared as Pregabalin capsules contained concealed Tramadol Hydrochloride and Tapentadol tablets. Investigation identified clandestine manufacture, repacking and preparation for export, with searches yielding tablet-compression machinery and raw materials. Tramadol is a psychotropic substance under the Narcotic Drugs and Psychotropic Substances Act, while Tapentadol is regulated under the Drugs and Cosmetics Act and its rules.
    August 10, 2026
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    Summons compliance under anti-money-laundering law faces appellate scrutiny after acquittal over unproven email service allegations.
    Delhi High Court required Arvind Kejriwal to reply to Enforcement Directorate petitions challenging his acquittal in proceedings concerning alleged non-compliance with summonses. The trial court found that the agency had not proved intentional disobedience, service of summons through email, or lawful issuance of electronic summons under the Prevention of Money Laundering Act. The appellate challenge concerns proof of service, validity of electronic summons, and intentional non-compliance.

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      MP CM Mohan Yadav enlists Rs 1.8 lakh cr investment ahead of investor meet

      February 9, 2025

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      Bhopal, Feb 9 (PTI) Madhya Pradesh Chief Minister Mohan Yadav courted business leaders in countries ranging from the UK to Japan as well as Indian industrial houses in the last few weeks to get about Rs 1.8 lakh crore of investment commitments ahead of the state's global investors' summit later this month.

      Strategically positioned in the heart of India, the state is leveraging its geographical advantage, pro-business policies, and robust infrastructure to cultivate an economic ecosystem that beckons global enterprises and visionary entrepreneurs.

      Under Yadav, the state has embarked on a mission to redefine its industrial landscape through a series of groundbreaking investment initiatives.

      The chief minister undertook multiple foreign and regional visits to secure substantial investment proposals and drive economic growth in the state, officials said.

      His six-day tour to the United Kingdom and Germany last year resulted in investment proposals worth Rs 78,000 crore, which will bolster sectors such as education, health, skill development, and technology.

      During his visit to the UK, Madhya Pradesh secured investment proposals worth Rs 59,350 crore, while Germany contributed an additional Rs 18,090 crore.

      "During the UK visit, the focused areas of the delegation were minerals, semiconductor, health, automobile, EV, renewable energy, education and food processing. In Germany, we have specially focused on technology research, green energy and industrial development," Yadav said.

      The UK-based SRAM and MRAM Group has committed to investing Rs 25,000 crore in semiconductors and a science and technology park. Additionally, Helion Pharmaceuticals has proposed an investment of Rs 3,000 crore.

      Germany's Long House Partners has pledged Rs 14,000 crore in the technology and innovation sector, while AMS OSRAM has shown interest in investing Rs 1,500 crore in the semiconductor and electronics sector.

      These investments align with Madhya Pradesh's focus areas, which include minerals, semiconductors, health, automobiles, electric vehicles, renewable energy, education, and food processing. Germany, in particular, has been targeted for investment in technology research, green energy, and industrial development.

      Yadav also visited Japan on a four-day trip last month that was aimed at strengthening trade ties and attracting investment for the upcoming Global Investors Summit (GIS), scheduled for February 24-25 in Bhopal.

      During his visit, he engaged with top industrialists and extended invitations for investments in Madhya Pradesh. "We are adopting Japan's modern development model to transform Madhya Pradesh. This visit has opened doors for industrial growth, job creation and self-employment across multiple sectors," Yadav said, adding that Japan will be a major participant in the Summit.

      During this visit, a proposal to establish Japan-Madhya Pradesh Industrial Cooperation Forum was approved, paving the way for a Japanese industrial park, skill development centres, and smart manufacturing hubs in the state.

      The government will also set up a Japan Plus Cell to ensure continuous engagement with Japanese investors.

      The chief minister invited Uniqlo to explore opportunities in the state, leveraging its unique naturally-coloured cotton production.

      Discussions with Susumu Kataoka, Chairman of the Japan External Trade Organisation (JETRO), emphasised the importance of GIS 2025 as a platform for Japanese firms to explore investment prospects in Madhya Pradesh.

      "JETRO stated that the upcoming 'Global Investors Summit' will be an excellent platform for Japanese companies to understand investment opportunities in Madhya Pradesh and strengthen partnerships. JETRO will assist in inviting more Japanese companies to the event and enhancing investment collaboration," Yadav said.

      Yadav also held discussions with Shohei Hara, Senior Vice President of the Japan International Cooperation Agency (JICA), to explore collaboration in technology transfer, trade support, and youth employment initiatives.

      At the Bridgestone headquarters in Tokyo, he engaged with the company's global CEO, Shuichi Ishibashi, along with other industry leaders, to discuss investment opportunities.

      He also interacted with Yuji Fukasawa, Chair of the Committee South Asia, Keidanren, and Chairman of East Japan Railway Company, where discussions focused on Japanese railway technology and its potential applications in Madhya Pradesh.

      Another significant meeting was with Daiki Arai, Director of A&D Medical, who expressed interest in establishing a manufacturing facility in the state within the year. Additionally, discussions with Japan's Parliamentary Vice Minister for Foreign Affairs, Hisashi Matsumoto, revolved around strengthening Indo-Japan ties and increasing state-level cooperation.

      Beyond foreign engagements, Madhya Pradesh has also aggressively pursued investments through regional industry conclaves held across major cities.

      At the Ujjain conclave, 283 units were allocated 508 hectares of land, facilitating investments worth Rs 12,170 crore and generating employment for over 20,000 people. More than 60 industrial units were inaugurated, bringing in an additional Rs 10,000 crore investment and creating over 17,000 jobs.

      The conclave received investment proposals worth Rs 1 lakh crore, with participation from 12 countries, over 650 industrial investors, and more than 4,000 delegates engaging in 2,100 B2B meetings.

      The Jabalpur conclave saw the inauguration and foundation laying of 67 industrial units, leading to an investment of Rs 1,530 crore and the creation of 4,560 jobs. Over 700 buyer-seller meetings were conducted, and international delegates from six countries participated, along with investors from over 15 states.

      The event secured investment proposals worth Rs 13,375 crore for large-scale industries. Similarly, the Gwalior conclave resulted in the virtual inauguration of 47 industrial units, investments worth Rs 1,586 crore, and employment opportunities for over 35,000 people. Land allocation letters were issued to 120 units, and investment proposals worth Rs 8,000 crore were received.

      In Sagar, Chief Minister Yadav issued 96 letters of intent for industrial units, attracting an investment of Rs 1,560 crore and generating 5,900 job opportunities.

      The state government also announced plans to develop Khajuraho as a film city and launched investment facilitation centres across six districts -- Sagar, Panna, Tikamgarh, Niwari, Chhatarpur, and Damoh.

      Investment proposals worth Rs 23,000 crore were received, expected to create 27,000 jobs. The Shahdol conclave attracted Rs 32,000 crore in investment proposals, leading to 31,000 jobs.

      A total of 102 units were allocated 402 hectares of land, and 30 industrial units worth Rs 572 crore were inaugurated or had their foundation stones laid.

      Furthermore, Shahdol Engineering College announced new BTech courses, and a bypass construction project in Anuppur was unveiled. The conclave witnessed the participation of over 15,000 investors and entrepreneurs.

      Overall, the regional industry conclaves have been instrumental in securing substantial investments. The Ujjain conclave alone accounted for Rs 1,00,000 crore in investment proposals, creating 1,00,000 jobs.

      The Jabalpur conclave brought in Rs 12,375 crore and 13,400 jobs, while Gwalior received Rs 8,000 crore in proposals, leading to 35,000 job opportunities.

      Sagar attracted Rs 23,181 crore and 27,375 jobs, Rewa secured Rs 30,814 crore with 27,645 jobs, and Narmadapuram garnered Rs 31,400 crore, generating 40,500 jobs. Altogether, these conclaves amassed investment proposals worth Rs 2,05,770 crore and are expected to create 2,43,920 jobs in the state.

      Apart from regional conclaves, Madhya Pradesh has also been successful in attracting investments from various cities and countries. In Mumbai, an investment of Rs 75,000 crore was secured, promising 1,00,000 jobs while industrialists from Pune committed Rs 4,000 crore with an expected creating of 7000 jobs.

      Coimbatore contributed Rs 3,255 crore, leading to 8,900 jobs, while Bengaluru's investment proposals amounted to Rs 3,175 crore, generating 6,900 jobs.

      Kolkata received Rs 19,270 crore in investment commitments, expected to create 9,450 jobs. Internationally, Dubai contributed Rs 60,000 crore, while Germany added Rs 18,000 crore, further cementing Madhya Pradesh's position as a prime investment hub.

      Collectively, these investment engagements secured Rs 1,78,700 crore and are projected to create 1,25,250 jobs.

      The significant inflow of investments -- both from foreign and regional sources -- demonstrates the effectiveness of Chief Minister Mohan Yadav's proactive approach. His strategic visits to the UK, Germany, Japan, and various Indian cities have yielded remarkable results, ensuring the state's economic growth and employment generation.

      With the upcoming Global Investors Summit 2025, Madhya Pradesh is poised to further enhance its reputation as a global investment destination.

      The state's focus on innovation, sustainability, and investor-friendly policies is set to pave the way for long-term industrial and economic development, making it one of the most attractive states for business expansion in India. PTI ANZ TRB TRB

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