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    Fourth Session of the India-Namibia Joint Trade Committee held in New Delhi
    Winning in the AI Era: The New Playbook for Indian Banks - Inaugural Address by Shri Sanjay Malhotra, Governor, Reserve Bank of India at the FIBAC 202...
    Assam Cabinet okays funds for land acquisition for Guwahati satellite city
    ED arrests Chhattisgarh Congress leader in liquor 'scam' case; sent to 7 days' custody
    Sales Tax Assistant Commissioner arrested for demanding bribe of Rs 8 lakh
    Net direct tax kitty grows 23 pc to Rs 8.11 lakh cr on slower refunds, higher non-corp taxes
    Delhi court sets aside summon order in cheque bounce case
    BRICS grouping discussing linking CBDCs, fast payment systems: RBI Guv Malhotra
    PM GatiShakti National Master Plan Enables Integrated and Coordinated Infrastructure Planning
    GeM Strengthens Participation of MSMEs, Startups, Women Entrepreneurs and SHGs
    Net direct tax collection grows 23 pc to Rs 8.11 lakh cr so far this fiscal
    National Accreditation Board for Testing and Calibration Laboratories Launches India’s First Accreditation Scheme for Mobile Food Testing Laboratori...
    Commerce and Industry Minister Shri Piyush Goyal awards top buyers and sellers on GEM platform at the 10th Anniversary celebrations of GEM
    PolicyBazaar working with partners to fast-track Assam flood insurance claims
    ED arrests Chhattisgarh Congress leader in liquor 'scam' case
    ED arrests Chhattisgarh Congress leader in liquor scam case
    Register FIR in cases of missing persons immediately, irrespective of age or gender: SC
    ED freezes 182 bank accounts, seizes Rs 1 cr cash in connection to Rs 2k crore chit-fund scam
    Rupee falls 8 paise to 95.38 against US dollar in early trade
    Punjab Assembly passes nine key bills
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    August 12, 2026
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    Bilateral trade cooperation advances through investment focal points, services and health working groups, and planned preferential trade agreement negotiations.
    India-Namibia economic cooperation is being progressed through agreed follow-up mechanisms focused on value addition, investment facilitation and sectoral collaboration. Investment focal points have been designated, and a Services Working Group is to prepare a work plan for the Joint Trade Committee. Priority areas include health and pharmaceuticals, critical-mineral processing, gems and jewellery, digital payments, FinTech, railways, renewable energy and green hydrogen. Terms of Reference for the India-SACU preferential trade agreement were finalised, with negotiations to begin after signature and conclude within one year.
    August 12, 2026
    Show AI Summary
    AI governance in banking requires explainability, board accountability, rigorous testing, vendor controls and meaningful human oversight for customer-facing decisions.
    AI adoption in banking should be governed through a principles-based and proportionate framework that aligns innovation with financial stability, customer protection and accountability. Banks should maintain inventories of AI systems, adopt board-approved governance policies, ensure explainability for material lending and fraud decisions, conduct periodic red-teaming and stress testing, and preserve meaningful human oversight. Key risks include opacity, bias, vendor concentration, third-party dependence, data misuse, cyber vulnerability and loss of institutional accountability. Vendor arrangements require audit and explanation rights and credible exit plans.
    August 11, 2026
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    Land acquisition funding and regulatory approvals advance satellite-city development, tax relief, identity enrolment, employment verification, and jail reform.
    Assam Cabinet approvals include first-phase funding for land acquisition and development of the Aerotropolis Satellite City Project and a lease deed for a hotel supporting the Jagiroad semiconductor ecosystem. Measures also provide Aadhaar enrolment relaxation for Moran and Matak communities, zero agricultural tax up to the prescribed net-income threshold, OBC Non-Creamy Layer certificates, and trainee and graduate-assistance funding. Government jobs will be provisionally held pending police verification, with automatic confirmation where no report is submitted within six months. Jail rules will be amended to promote non-discrimination, sanitation, security and fair work allocation.
    August 11, 2026
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    Money-laundering investigation into alleged liquor-sale proceeds led to arrest and custodial questioning amid contested political allegations.
    Money-laundering investigation concerning an alleged liquor scam led to the Enforcement Directorate's arrest of Ramgopal Agrawal and seven days' custodial remand under the Prevention of Money Laundering Act. The agency alleged his connection with proceeds of crime, non-attendance despite multiple summonses, and evasiveness during questioning. Allegations concern purported control of the state excise department, illegal liquor sales, and sharing of commissions. The Congress has denied the allegations and described the investigation as politically motivated.
    August 11, 2026
    Show AI Summary
    GST inquiry closure bribery allegations prompted anti-corruption proceedings against a Sales Tax officer under corruption law.
    Alleged bribery in GST inquiry closure led to the arrest of a Sales Tax Assistant Commissioner after a scrap trader complained of a demand for illegal gratification to close an inquiry initiated through a GST show-cause notice. Anti-corruption officials reportedly verified the allegation through intermediaries, during which the officer allegedly agreed to accept payment for closing the matter. A criminal case was registered under the Prevention of Corruption Act, with further investigation ongoing.
    August 11, 2026
    Show AI Summary
    Direct tax collection growth reflected stronger non-corporate taxes and securities transaction tax receipts alongside slower refund issuances.
    Net direct tax collections increased by 23 per cent to over Rs 8.11 lakh crore through August 10, driven by higher non-corporate tax collections and slower refund growth. Gross direct tax collections grew by 19.75 per cent to about Rs 9.55 lakh crore. Net corporate tax collections rose about 20 per cent, net non-corporate tax collections rose 23 per cent, and Securities Transaction Tax collections increased 51 per cent. Refund issuances grew by 3.8 per cent year-on-year.
    August 11, 2026
    Show AI Summary
    Vicarious liability in cheque dishonour cases cannot attach to trust associates without statutory status or transaction-specific involvement.
    Vicarious criminal liability for cheque dishonour under section 141 of the Negotiable Instruments Act does not extend to a trust, because a trust is not a juristic person. A person cannot be summoned merely for alleged active involvement in a trust where the person was neither drawer nor signatory of the cheques, trustee, office-bearer, authorised account operator, guarantor, or executor of transaction documents.
    August 11, 2026
    Show AI Summary
    Cross-border payment integration through CBDCs and fast payment systems remains under BRICS discussion to reduce transfer costs.
    Cross-border payment integration is under discussion through potential linkages between central bank digital currencies and fast payment systems, including UPI-type platforms. These approaches seek faster and less costly trade and remittance transfers, particularly retail payments, but remain at a discussion stage. Rupee internationalisation is also being pursued through central-bank memorandums of understanding for bilateral trade settlement in local currencies, with existing arrangements covering Indonesia, Maldives, Mauritius and the UAE.
    August 11, 2026
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    Integrated infrastructure planning under PM GatiShakti coordinates project evaluation, multimodal connectivity, geospatial data use, and decentralized implementation.
    PM GatiShakti National Master Plan provides an integrated, data-driven infrastructure planning framework using geospatial data, satellite imagery and API integration. Project approval, implementation and funding remain with the respective Central Ministries, Departments and States or Union Territories under their own plans and budgetary provisions; the framework sets no separate budgetary allocation or quantified targets. The Network Planning Group evaluates critical Central Government projects at the planning stage for multimodality, synchronisation, last-mile connectivity, comprehensive local development and coordinated decision-making.
    August 11, 2026
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    MSME procurement through GeM has expanded alongside analytics-driven controls against suspicious bidding, collusion, and vendor misconduct.
    GeM uses AI/ML analytics to detect order splitting, suspicious bidding, abnormal pricing, repeated participation and potential buyer-seller collusion. Flagged cases are placed before buyer organisations for review and action, while suspected cartels are assessed through digital-footprint, pricing and bid-timing indicators. Its Incident Management framework addresses false documents, fraud, collusive behaviour and other misconduct through administrative measures, including suspension. Anti-competitive conduct and cartel formation are Severe/Grave deviations, with proven cases attracting suspension for up to 365 days.
    August 11, 2026
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    Direct tax collections show stronger corporate, non-corporate and securities transaction tax receipts, alongside increased refunds during the fiscal period.
    Net direct tax collections grew by 23.09 per cent to over Rs 8.11 lakh crore up to August 10 of the current fiscal year, while gross direct tax collections increased by 19.75 per cent to about Rs 9.55 lakh crore. Corporate tax, non-corporate tax including personal income tax, and Securities Transaction Tax receipts recorded growth. Refunds issued between April 1 and August 10 also rose over the corresponding earlier period. Direct tax collections are budgeted at Rs 26.97 lakh crore for the fiscal year.
    August 11, 2026
    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
    Show AI Summary
    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
    Show AI Summary
    Money-laundering investigation into an alleged liquor scam leads to arrest and proposed custodial interrogation under the prevention law.
    Money-laundering investigation under the Prevention of Money Laundering Act concerns an alleged liquor scam in Chhattisgarh. A former state political party treasurer has been arrested for alleged involvement and is to be produced before a local court for a request for custodial interrogation. The alleged scheme is stated to have involved control of the state excise department by a criminal syndicate, with multiple accused named in six chargesheets.
    August 11, 2026
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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
    Show AI Summary
    Money-laundering investigation targets alleged chit-fund collections, investor-fund diversion, concealed deposits, and irregular land transactions.
    Money-laundering investigation into an alleged multi-state chit-fund scheme involved searches at premises linked to Wellfare Buildings and Estates Pvt Ltd and its directors, seizure of cash, vehicles, property-related records and digital devices, and freezing of bank accounts. The alleged scheme concerns unauthorised public-fund collection through land-allotment schemes, followed by closure of operations. Allegations include diversion of investor funds, manipulation of financial statements to conceal deposits, and irregular land transactions intended to suppress actual consideration and evade statutory obligations.
    August 11, 2026
    Show AI Summary
    Rupee exchange-rate pressure intensified as crude oil, regional uncertainty and weaker equities constrained the local currency in early trade.
    Foreign-exchange market conditions placed the rupee under pressure against the US dollar amid West Asia uncertainty, higher crude oil prices, and weaker domestic equity markets. Foreign institutional investor inflows and Reserve Bank of India intervention supported the rupee and limited further depreciation. Reported dollar sales through state-run banks helped contain downside pressure despite rising Brent crude prices and uncertainty concerning the Strait of Hormuz.
    August 10, 2026
    Show AI Summary
    GST refund facilitation expands provisional input tax credit refunds and removes the minimum threshold for export-related IGST refunds.
    Punjab's GST amendments facilitate voluntary compliance and reduce procedural burdens by allowing a 90 per cent provisional input tax credit refund in inverted duty structure cases and removing the minimum threshold for IGST refunds on exported goods. Additional measures cap annual fee increases by private unaided educational institutions, establish digital open universities for technology-enabled higher education, protect trees and green cover, and address common infrastructure, panchayati raj, and contractual engagement of outsourced State personnel.

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      HIGHLIGHTS

      February 9, 2025

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      New Delhi, Feb 9 (PTI) Following are the top stories at 5 pm: NATION DEL16 NADDA-SHAH-MEETING

      Nadda meets Shah as BJP gets down to picking new Delhi CM New Delhi: BJP president JP Nadda met Union Home Minister Amit Shah on Sunday as the party's exercise to pick the new Delhi chief minister gathered pace, a day after it won the assembly polls and ended a more than 26-year spell out of power.

      DEL22 PREZ-MAHAKUMBH

      President Murmu to visit Maha Kumbh Mela on Monday, take holy dip at Sangam New Delhi: President Droupadi Murmu will visit the Maha Kumbh Mela in Prayagraj on Monday and take a holy dip at the Sangam, her office said.

      DEL8 DL-POLLS-CM-LD RESIGN

      Atishi resigns as Delhi CM, LG asks her to continue till formation of new govt New Delhi: Delhi Chief Minister Atishi handed over her resignation to Lt Governor V K Saxena on Sunday, a day after her Aam Aadmi Party (AAP) faced a crushing defeat in the assembly polls.

      BOM13 CG-NAXAL-3RD LD ENCOUNTER

      31 Naxalites, 2 cops killed in encounter in Chhattisgarh's Bijapur Bijapur (Chhattisgarh): In a major operation against Left Wing Extremism, security forces gunned down 31 Naxalites during an encounter in Chhattisgarh's Bijapur district on Sunday, police said.

      DEL19 NAXAL-SHAH

      No Indian citizen will lose life after end of Naxalism by March 31, 2026: Amit Shah New Delhi: Union Home Minister Amit Shah said on Sunday that Naxals will be eradicated by March 31, 2026 and no citizen of the country has to lose his life due to it.

      DEL26 DL-POLLS-ADR

      Delhi polls: Fewer MLAs with criminal cases; average asset value surges New Delhi: Thirty-one of the 70 candidates elected to the eighth Delhi Assembly have declared criminal cases against their names, according to poll rights body ADR.

      DEL13 RAJNATH-AERO INDIA

      Looking forward to witness future of aerospace sector: Rajnath on Aero India 2025 New Delhi: Defence Minister Rajnath Singh on Sunday said he will be attending the 15th edition of 'Aero India' in Bengaluru that will showcase cutting-edge defence technologies and global aviation excellence.

      MDS11 AERO INDIA-IAF-SORTIE

      Aero India: Air Chief Marshal A P Singh and Army Chief Dwivedi take sortie in Tejas Bengaluru: Air Chief Marshal A P Singh and Chief of the Army Staff General Upendra Dwivedi on Sunday set the tone for the grand Aero India-2025 by flying in the Light Combat Aircraft (LCA) Tejas here at Yelahanka based Air Force Station.

      DEL9 PANEL-REPORT-MEA

      Par panel recommends 'comprehensive security assessment' of all Indian missions, posts New Delhi: A parliamentary panel has recommended that the Ministry of External Affairs (MEA) should conduct a "comprehensive security assessment" of all missions and posts of India taking into account the geopolitical situation, potential threats and vulnerabilities in host countries.

      DEL25 TMC-MARITAL RAPE

      Exception to marital rape undermines autonomy, equality of women: Derek O'Brien New Delhi: The exception given to marital rape under Section 63 of the Bharatiya Nyay Samhita (BNS) undermines the autonomy and equality of women, Trinamool Congress Rajya Sabha leader Derek O'Brien said on Sunday.

      DEL7 CUSTOMS-COCAINE

      Three foreigners held for smuggling cocaine worth nearly Rs 40 cr at Delhi airport: Customs New Delhi: Three foreign nationals have been arrested for smuggling cocaine worth nearly Rs 40 crore at the Indira Gandhi International (IGI) airport here, the customs department said on Sunday.

      DEL21 DL-POLLS-LD SAINI

      Delhi polls: People endorsed PM Modi's guarantees, says Haryana CM Saini New Delhi: Haryana Chief Minister Nayab Singh Saini on Sunday said the people of Delhi endorsed Prime Minister Narendra Modi's guarantees, and asserted that the national capital would now stride firmly towards a "Viksit Bharat".

      BOM18 MP-KHATTAR-YAMUNA-KEJRIWAL

      AAP rout in Delhi polls: Yamuna poisoning statement cost Kejriwal dear, says Khattar Bhopal: The Aam Aadmi Party would have won 5-7 seats more in the Delhi assembly polls if its supremo Arvind Kejriwal had not levelled allegations of the Yamuna river being poisoned, Union minister and former Haryana chief minister Manohar Lal Khattar said on Sunday.

      BOM14 MH-RAUT-HAZARE-KEJRIWAL

      Hazare happy at Kejriwal's defeat, silent on allegations against Modi govt, claims Raut Mumbai: Veteran social activist Anna Hazare is happy at the defeat of Arvind Kejriwal in the Delhi assembly polls, Shiv Sena (UBT) leader Sanjay Raut said on Sunday.

      CAL8 WB-PRADHAN-RG KAR

      R G Kar incident proves system rotten in Bengal: Pradhan Kolkata: Union Education Minister Dharmendra Pradhan on Sunday alleged that the rape and murder of a post-graduate trainee doctor at state-run R G Kar Medical College and Hospital here proves that the system is rotten in West Bengal where 'goondas' are inducted into social policing initiatives like civic police.

      CAL3 WB-HAM RADIO-BANGLA BORDER

      Ham radio users detect suspicious signals in Urdu, Arabic along India-Bangladesh border Kolkata: Amateur Ham Radio operators have picked up suspicious late-night radio signals in coded Bengali, Urdu and Arabic along the Indo-Bangladesh border in South Bengal over the last two months, raising concerns about possible extremist activities, officials said. By Pradipta Tapadar

      BUSINESS DEL2 BIZ-CBIC-GOLD

      Significant reduction in gold smuggling post July import duty cut: CBIC Chief New Delhi: Gold smuggling has reduced significantly since July 2024 when the government slashed import duty on the precious metal to 6 per cent, Central Board of Indirect Taxes and Customs (CBIC) Chairman Sanjay Kumar Agarwal said.

      LEGAL LGD4 SC-ROHINGYA REFUGEES

      SC to hear on Feb 10 plea seeking access to public schools and hospitals to Rohingya refugees New Delhi: The Supreme Court is scheduled to hear on Monday a plea of an NGO seeking direction to the Centre and the Delhi government to grant Rohingya refugees based in the national capital access to public schools and hospitals.

      FOREIGN FGN8 BANGLA-SECURITY OPERATION-ARRESTS

      40 arrested in Bangladesh after violence, vandalism at Awami League leader's house Dhaka: Forty people have been arrested in Bangladesh in an operation launched following a violent attack on a student group's activists during vandalism at an Awami League leader's house on the outskirts of Dhaka that left several people injured, according to a media report.

      FGN17 PAK-POLITICS

      Imran Khan's PTI rules out possibility of resumption of dialogue with govt Islamabad: Jailed former prime minister Imran Khan-founded Pakistan Tehreek-e-Insaf's Leader of Opposition in National Assembly, Omar Ayub Khan, has ruled out the possibility of resumption of the dialogue between the party and the government, a news report said on Sunday.

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