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    IDFC FIRST Bank enables Direct Tax payments through UPI, cards, net banking and branches
    Sensex slumps 1,248 pts as IRDAI proposal hits financial shares; rising crude, US yields weigh
    Bajaj Finance Personal Loan Offers Rs. 40,000 to Rs. 55 Lakh with Tenures up to 108 Months
    MCA issues advisory - cautions public against high-return promises by non-compliant Nidhi Companies
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September 24, 2026
Show AI Summary
Direct tax payment gateway integration enables nationwide payments through digital options, branch channels, and customers' respective internet-banking services.
IDFC FIRST Bank's payment-gateway integration for Central Board of Direct Taxes collections enables Direct Tax payments through UPI, credit cards, debit cards, Retail and Corporate Internet Banking, and branch-based cheque, demand draft, or cash payments. Customers of other banks may use their own internet-banking facilities through the gateway. Taxpayers create a challan on the Income Tax e-Filing Portal, select Payment Gateway and IDFC FIRST Bank, choose a payment mode, complete payment, and download or print the paid challan. Payment confirmations are also accessible.
September 24, 2026
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Insurance distribution controls target commissions, expenses and loan-linked sales, reshaping bancassurance arrangements and intermediary remuneration structures.
IRDAI's consultation proposals for insurance distribution contemplate lower Expenses of Management limits, tighter commission controls, and greater control over loan-linked insurance practices. The prospective framework concerns insurer and intermediary remuneration, distribution expenses, and bancassurance fee structures. Reported concerns centre on potential effects on insurer earnings, intermediary economics, and lending-linked distribution arrangements; the measures are not described as final operative obligations or enforcement action.
September 24, 2026
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Personal loan eligibility and repayment planning: loan variants and digital applications remain subject to assessment, verification, and applicable terms.
Eligible customers may seek collateral-free personal loans within stated amount, tenure and interest-rate ranges. Loan amount, interest rate and tenure determine the EMI and total interest payable, while calculator results are estimates rather than final repayment obligations. Eligibility includes nationality, age, employment and credit-score conditions, but approval, final pricing and loan amount remain subject to lender assessment, document verification and applicable terms. Online applications require personal, financial and employment details and KYC verification.
September 24, 2026
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Nidhi company deposits lack insurance protection, requiring verification of government declaration before relying on high-return promises.
Each company seeking to function as a Nidhi must file Form NDH-4 for declaration or updated Nidhi status and comply with the Companies Act, 2013 and applicable Nidhi Rules. Nidhi companies may accept deposits and grant loans only to members. Public investors should verify declared Nidhi status rather than rely on unusually high-return promises, agent representations, or informal assurances. Deposits with Nidhi companies are not insured by the Deposit Insurance and Credit Guarantee Corporation, and recovery may be difficult where a company fails or fraud occurs.
September 24, 2026
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FCNR(B) liquidity deployment remains within banks' discretion, guided by credit pipelines, asset-liability positions, and prudent underwriting standards.
Banks retain full discretion to deploy liquidity mobilised through FCNR(B) deposits, based on their credit pipeline, lending proposals, liquidity outlook and asset-liability position. No sector-specific direction applies to use of these funds. FCNR(B) deposits are fixed-term foreign-currency deposits in which principal and interest are repayable in the same foreign currency, protecting non-resident depositors from direct rupee exchange-rate risk. Continued prudent credit appraisal and underwriting standards are expected.
September 24, 2026
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Compulsory Muslim marriage registration shifts registration to registrars under a statewide procedural framework, with local officials authorised when needed.
Compulsory registration of Muslim marriages will operate under the Assam Muslim Marriage Registration (Compulsory) Rules, 2026, framed under the Assam Compulsory Registration of Muslim Marriage and Divorces Act, 2024. Registration will be undertaken by registrars, with panchayat-level officials potentially authorised where application volumes require additional capacity. The framework addresses the registration forum after kazis were barred from registering Muslim marriages.
September 24, 2026
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Macroeconomic resilience supports fiscal consolidation, financial-sector stability, and orderly foreign-exchange management through persistent global and market shocks.
Policy management emphasises clear communication, policy certainty, macroeconomic and financial-sector stability, efficient use of buffers, and sustained structural reform. Fiscal prudence is treated as necessary to avoid unsustainable stimulus and preserve long-term stability. External-sector resilience rests on services exports and remittances, while oil and gold shocks and weaker capital inflows have created temporary balance-of-payments pressure. Further improvement is linked to lower oil dependence, export diversification, trade agreements, capital inflows and orderly foreign-exchange market management.
September 24, 2026
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Software export growth strengthens IT ecosystem as campus expansion supports startup activity, infrastructure development, and skilled employment.
Software export revenue generated by Technopark reached Rs 17,092 crore in FY 2025-26, reflecting year-on-year growth of approximately 17.3 per cent. Growth is attributed to IT infrastructure, a skilled talent base, and company performance. Technopark also operates as an IT and ITeS hub and startup ecosystem centre, with ongoing campus development intended to expand its position among major IT hubs.
September 24, 2026
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Artificial intelligence centre of excellence partnership advances industry-aligned training, supervised internships, startup mentorship, and applied research collaboration.
IIEST Shibpur and Tata Consultancy Services have entered into a Memorandum of Understanding to establish an Artificial Intelligence Centre of Excellence at the Electrical Engineering Department's high-performance computing laboratory. The collaboration supports industry-aligned training, professional certifications, practical projects, supervised internships, startup mentorship, curriculum benchmarking, and applied research in natural language processing, computer vision, image processing, and advanced data analytics.
September 24, 2026
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Money-laundering searches prompt protests over alleged political misuse while operations continue at public development offices and residences.
Enforcement Directorate search and survey operations connected with a money-laundering investigation continued at development authority offices and premises linked with housing administration, a realty company, and private residences. AAP workers protested against the searches, alleging political and administrative pressure through central investigative agencies. The party further alleged that the operations could disrupt the development authority's functioning and impede Punjab government welfare schemes.
September 24, 2026
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Money-laundering investigation procedure raises allegations over FIR registration, conflict concerns, and the choice between police, vigilance, or federal inquiry.
A police inquiry, rather than a Vigilance inquiry, was directed following an Enforcement Directorate communication seeking registration of an FIR for cognizable offences. It was contended that FIR registration should be dealt with by the police and that governmental or ministerial intervention would raise concerns where a person facing allegations is involved in deciding the investigative course. A transfer to a federal investigative agency was sought on grounds of investigative independence and perceived conflict of interest.
September 24, 2026
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Trade truce extension maintains tariff pauses and export-restriction rollbacks while negotiations continue on broader economic commitments.
United States-China trade relations may remain governed by the Busan Agreement through January 10 under a stated two-month extension, though Chinese official confirmation is pending. The arrangement maintains pauses on elevated tariffs and prior rollbacks of restrictions affecting critical minerals and high-technology exports. Negotiations may produce a broader economic package or further continuation of existing terms, while implementation of agreed commitments is under review. The parties have also proposed reciprocal alerts on AI-related hacking incidents involving national-security concerns.
September 24, 2026
Show AI Summary
Gold Smuggling Enforcement: Concealed foreign-origin gold recovered from vehicles and a traveller, with arrests under customs law.
Gold-smuggling enforcement involved the seizure of approximately 21 kg of foreign-origin gold in two operations and the arrest of five persons under the Customs Act, 1962. Gold bars were recovered from sophisticated vehicle-chassis cavities, while gold bars and cut pieces were recovered from a passenger's specially designed cotton waist belt. The operations concerned suspected cross-border gold movement and targeted organised smuggling networks using sophisticated concealment methods.
September 24, 2026
Show AI Summary
Cross-border gold smuggling enforcement resulted in Customs Act seizures after coordinated recovery of foreign-origin gold from border locations and a passenger.
Cross-border smuggling of foreign-origin gold through the Bangladesh route led to coordinated recoveries and seizures under the Customs Act, 1962. Gold recovered near the India-Bangladesh border was taken over for customs proceedings, including a seizure under Section 110. Foreign-origin gold concealed by a train passenger was also recovered and seized, with investigation indicating its smuggling from Bangladesh.
September 24, 2026
Show AI Summary
BRICS tax cooperation creates standing platforms for international taxation, revenue statistics, professional capacity building and peer learning.
India-led BRICS tax cooperation established standing Working Groups on International Taxation and Transfer Pricing and Revenue Statistics, providing institutional platforms extending beyond individual Chairships. It also institutionalised an annual Young Tax Professionals Capacity Building Programme, launched the BRICS Tax Cross-Learning Lab for peer learning on client-centric administration and human-resources practices, and approved the Terms of Reference for the BRICS Tax Support Network.
September 24, 2026
Show AI Summary
Wildlife trafficking enforcement applies protected-species safeguards to seized Tokay Geckos and enables further statutory action against suspected illegal trade.
Wildlife-trafficking enforcement led to interception of two persons and seizure of 86 live Tokay Geckos under the Wildlife (Protection) Act, 1972. Tokay Geckos receive Schedule I protection under that legislation and are listed in Appendix II of CITES, regulating international trade. The persons and recovered geckos were transferred to the Mariani Range Forest Office for further action.
September 24, 2026
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Restricted firecracker imports concealed through misdeclaration trigger seizure and criminal investigation under customs enforcement law.
Concealment of restricted firecrackers within an import container declared as bottles and wallpaper resulted in customs seizure under the Customs Act, 1962. Firecracker imports are restricted under the Foreign Trade Policy and require valid Directorate General of Foreign Trade authorisation and a Petroleum and Explosives Safety Organisation licence under the Explosives Rules, 2008. Investigation into attempted clandestine clearance led to the arrest under the Customs Act of a key syndicate member alleged to have orchestrated the import.
September 24, 2026
Show AI Summary
Merger-control approval permits FIHM's phased acquisition of IIFL Capital Services equity through subscription, open offer and promoter purchase.
Merger-control approval permits FIHM to acquire certain additional equity share capital of IIFL Capital Services through a preferential issue on a private-placement basis and through shares tendered in a mandatory open offer. FIHM may also buy shares from the target's promoters if its aggregate shareholding with HWIC remains below the Target Shareholding after these steps.
September 24, 2026
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Full ownership acquisition in beauty and personal care receives competition approval for skin care and hair care operations.
Competition approval covers L'Ore al India Private Limited's acquisition of the entire shareholding in Onesto Labs Private Limited. The proposed combination concerns India's beauty and personal care sector and places the Target under the Acquirer's full ownership. Both entities operate in beauty and personal care products, including skin care and hair care.
September 23, 2026
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Advance disbursement of central government pay addresses anticipated banking disruption, with subsequent adjustment against the following month's entitlements.
Advance disbursement of September 2026 salary, wages and pensions is authorised on 25 September for central government employees, industrial employees and pensioners because of the proposed bank strike. Payments constitute advance payments and must be adjusted after full monthly entitlements are determined, with any adjustment made from October salary or wages. End-of-month banking transactions should, where feasible, be processed in advance.

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Danube Properties Unveils Game-Changing Convertible 1BHK Apartment at the Price of a Studio

February 14, 2025

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New Delhi, Delhi, India (NewsVoir) Danube Properties, one of the largest private developers in Dubai, has unveiled its latest luxury project, setting a new standard of modern sophistication.

• Studios convert to 1-bedrooms, and 1-bedrooms expand into 2-bedrooms for adaptable living.

• Situated in Dubai Silicon Oasis with excellent connectivity to key highways and upcoming metro infrastructure.

• Prices start at AED 800,000, with a 1% monthly payment plan, completing in 2028.

• Offers 40+ amenties and private pools • Additionally, retail stores will be available for the convenience of residents Nestled in the rapidly growing Dubai Silicon Oasis, TIMEZ by Danube is an exceptional fusion of timeless design and contemporary luxury, offering a level of refinement unparalleled in the area.

What sets TIMEZ by Danube apart is its unique, flexible units designed to adapt to the evolving needs of buyers and residents. These homes are equipped with innovative features that cater to changing preferences over time.

Priced competitively starting at AED 800,000, the units provide an exceptional value proposition. Buyers can also take advantage of Danube Properties' renowned 1% per month payment plan-an industry trend the developer pioneered.

The project offers a range of luxury apartments, including studio, 1-bedroom, 2-bedroom, and 3-bedroom options. Notably, the flexibility to convert studios into 1-bedroom apartments and 1-bedroom units into 2-bedroom ones offers added customization. For those seeking the utmost in luxury, some 2-bedroom apartments even come with private pools, while the largest 3-bedroom apartments provide expansive living spaces. Additionally, an ultra-luxurious Presidential Suite is available for those desiring exclusive opulence.

Mr. Rizwan Sajan, Founder and Chairman of Danube Properties, emphasized that TIMEZ by Danube offers UAE residents the opportunity to own their dream home in one of the most rapidly developing areas of Dubai. He highlighted the tremendous value and growth potential of Dubai Silicon Oasis, one of the city’s most desirable locations.

"Dubai Silicon Oasis is a thriving community situated along Sheikh Mohamed bin Zayed Road, offering excellent connectivity to key parts of Dubai’s modern infrastructure. The launch of TIMEZ by Danube in this district is a reflection of our confidence in the future growth of this area," said Mr. Sajan. "Silicon Oasis provides significant capital appreciation and rental yields due to its anticipated connectivity through the Dubai Metro's Blue Line, which will serve as a game-changer for all communities along Sheikh Mohamed bin Zayed Road. Additionally, the relocation of Dubai International Airport to Al Maktoum Airport will further boost the area's appeal." Dubai Silicon Oasis (DSO) is an innovative, tech-focused district that blends modern living with professional opportunities. Strategically located near key highways like the Al Ain - Dubai Highway and Sheikh Mohamed bin Zayed Road, DSO offers seamless access to the rest of the city. This dynamic area is ideal for families and professionals who value an eco-friendly lifestyle, with green spaces, parks, cafes, schools, and retail outlets all within easy reach. As a technology-driven free zone, DSO offers 100% foreign ownership and tax-free benefits, making it a premier destination for both investment and innovation.

"Owning property at TIMEZ by Danube presents an unparalleled opportunity to invest in one of Dubai’s most sought-after locations, with incredible potential for growth," Mr. Sajan added.

The proximity of TIMEZ by Danube to Academic City-home to 27 colleges and universities with around 30,000 students-adds further appeal, especially for students looking to purchase their own homes in this vibrant community.

The project is slated for handover in the third quarter of 2028, with excellent connectivity for residents commuting from Dubai, Sharjah, Ajman, and Abu Dhabi.

Latest Campaign Danube recently announced Bollywood superstar Kartik Aaryan as its brand ambassador. The campaign, "Danube Hai Na," emphasizes Danube as the ultimate one-stop solution for all home needs-whether it's building materials, home improvement, or real estate. With flexible payment plans, fully furnished apartments, and 40+ amenities, Danube supports homeowners at every stage-before, during, and after their real estate purchase.

According to Betterhomes, Danube ranked among the top three developers in the off-plan sector for January 2025, based on total sales value, alongside with Emaar and Sobha.

Danube Properties Danube Properties has launched 33 projects, successfully delivered 16, with another 17 currently in various stages. Each project showcases exceptional construction quality, state-of-the-art equipment, and top-tier home interior finishes.These projects include Pearlz, Jewelz, Wavez, Eleganz, Olivz, Elz, Lawnz, Bayz, Miraclz, Resortz, Glamz, Starz, Glitz 3, Glitz 2, Glitz 1, and Dreamz. Our developments are designed to offer luxury at affordable prices, attracting significant interest from mid-income buyers and leading to many of our projects being completely sold out.

Since the inception, Danube Properties' ventures have achieved remarkable success. The combination of affordable pricing, flexible payment plans, strategic locations, and an array of modern amenities has made our properties highly desirable. Currently, Danube Properties holds an impressive book value with construction spanning over 25.5 million square feet. Our projects continue to set new standards in the real estate market, delivering exceptional value and quality to our customers.

Danube Group Danube Group is a Dubai-based diversified business conglomerate with interests in building materials, home décor, hospitality solutions, and real estate development. Established in 1993 by Founder and Chairman Rizwan Sajan, a UAE-based entrepreneur, Danube Group reported an annual turnover exceeding US$2 billion in 2022. Danube Group stands tall with several verticals that include Danube Building Materials, Danube Properties, Danube Home, Danube Sports World, Alucopanel Middle East, Danube Hospitality Solutions, Starz Media (Filmfare), American Aesthetic Center, Casa Milano, and others. Danube Group employs more than 5,000 people across the GCC, China, UK and India, representing 44 nationalities.

Website: www.danubeproperties.com (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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