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    Sugar prices ease marginally to Rs 64.33 per kg on Thursday
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August 27, 2026
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Sugar import liberalisation and stockholding limits seek to moderate retail prices amid constrained domestic supply and restricted exports.
Sugar price-control measures combine duty-free raw sugar imports, stockholding limits for dealers and bulk consumers, and an export prohibition to address elevated retail prices and curb hoarding. Domestic supply remains constrained by reduced sugarcane output, prior exports and diversion of sugar to ethanol. Net production is estimated below projected domestic demand, while closing stocks are expected to remain limited. Import access, inventory restrictions and export controls therefore operate as market-stabilisation mechanisms.
August 27, 2026
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Money-laundering investigation into alleged homebuyer fraud led to searches and freezing of assets linked to realty promoters.
Money-laundering proceedings were initiated under the Prevention of Money Laundering Act on the basis of police FIRs alleging fraudulent inducement and non-delivery of residential plots. Searches at premises linked to real estate promoters resulted in the seizure or freezing of luxury vehicles, jewellery, bank accounts and securities. The investigation alleges that substantial upfront payments for residential plots were received, but a significant portion of promised plots remained undelivered, and certain plots were allegedly sold to third parties without consent.
August 27, 2026
Show AI Summary
Commercial card governance enables configurable credit, approvals, virtual cards and controlled supplier payments across enterprise payment workflows.
SpendFlow combines commercial card program configuration, credit management, virtual cards, spend controls, approvals, supplier payments, billing and accounting in one architecture. It supports centrally governed rules with approved corporate-level variations, enterprise hierarchy management, and virtual cards linked to entities, employees, accounts or credit facilities. Multi-tier approvals and virtual-card supplier payments support controlled business payment functions, while core banking and ERP connectivity links card activity with banking and enterprise financial workflows.
August 27, 2026
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Basmati rice market access may be pursued through trade agreement review, subject to import limits and safety standards.
Market access for Indian basmati rice may be pursued through review of the Comprehensive Economic Partnership Agreement, as rice remains a sensitive sector subject to import quantity limits and duties beyond permitted quantities. Processed food exports offer further opportunities where exporters comply with Japanese quality and safety standards. Bilateral cooperation also covers investment, supply chains, technology partnerships and capital flows supporting infrastructure, manufacturing and semiconductor ecosystems.
August 27, 2026
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Capital allocation discipline governs consideration of further Air India funding alongside business strategy, cash flow and investment requirements.
Further capital investment in Air India will be evaluated by Singapore Airlines' board through a disciplined capital-allocation process. Assessment will consider the group's capital requirements, Air India's business strategy, operating cash flow, investment needs for aircraft and products, and multi-hub investments intended to support long-term growth and returns. As a significant minority shareholder, Singapore Airlines supports Air India's transformation programme with Tata Sons, but no commitment to provide additional capital is indicated.
August 27, 2026
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Semiconductor investment cooperation anchors expanded India-Japan industrial partnerships across technology, manufacturing, clean energy, infrastructure, and financial services.
Semiconductor and artificial-intelligence cooperation centres on a six-pillar semiconductor strategy encompassing chip design, semiconductor machinery and materials, fabrication, ATMP/OSAT, research and development, and talent development. Japanese participation is sought across semiconductor materials and equipment, power semiconductors, electronics, AI, logistics and related advanced technologies. Development of semiconductor clusters is linked to reliable power, ultra-pure water, skilled manpower and social infrastructure.
August 27, 2026
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Financial inclusion through basic bank accounts enables direct welfare transfers, digital payments, insurance access and credit for excluded households.
PMJDY provides unbanked adults with basic bank accounts without minimum-balance or maintenance-charge requirements, free RuPay debit cards with accident insurance cover, and eligible overdraft support. Through the JAM framework, PMJDY accounts enable direct transfer of welfare benefits using bank accounts, Aadhaar-based biometric verification and mobile connectivity, reducing intermediary involvement and delays. The scheme emphasises rural, semi-urban, marginalised and women account holders while supporting access to insurance, pensions, savings, digital payments and credit, including MUDRA loans.
August 27, 2026
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Contract food services expansion strengthens Rassense's nationwide institutional operations through new academic partnerships and technology-led service delivery.
Rassense Pvt Ltd reports crossing a workforce of more than 5,000 employees and projects revenue exceeding INR 600 crore. Its contract food services operations serve educational institutions, corporate campuses, healthcare facilities and industrial locations. New operations at IIM Jammu, IIM Bangalore and IIT Guwahati strengthen its nationwide institutional presence. Expansion is supported by academic institution partnerships, local workforce development, operational excellence, and technology-led capabilities in food production, food waste reduction and supply-chain management.
August 27, 2026
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Cyber fraud awareness promotes safe digital banking by teaching customers to verify communications, protect credentials, and report suspicious transactions.
Cyber-fraud awareness and digital banking safety were promoted through community sessions addressing phishing, impersonation, OTP and UPI fraud, QR-code scams, digital-arrest fraud, and fraudulent customer-care calls. Participants were guided to identify authentic banking communications, avoid sharing confidential credentials, verify callers and links before acting, and promptly report suspected unauthorised transactions. Customer vigilance, financial literacy, and institutional security measures were emphasised as complementary safeguards against digital financial fraud.
August 27, 2026
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Personal insolvency repayment plans may be approved despite minimal creditor recovery when requisite voting support and comparative valuation support them.
Personal insolvency repayment plan approval was granted under the Insolvency and Bankruptcy Code, 2016, despite objections that creditor recoveries were negligible and the proposed payment uncertain. The plan received 80.81 per cent voting support, while dissenting creditors held less than 20 per cent voting share. Valuation showed that the debtor's personal estate was materially below the offered amount, and rejection could result in bankruptcy and lower recovery. Assessment of settlement adequacy was treated as a matter of creditor commercial wisdom.
August 27, 2026
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Prison escape security lapses prompt coordinated tracing measures, transport monitoring, inter-state alerts, and a detailed custodial-security inquiry.
Prison escape and custodial-security lapses arose after a detainee escaped from Aluva Sub Jail, allegedly by using an under-construction structure within the premises to cross the compound wall. Following his later appearance at a police station seeking return of his Aadhaar card, search measures included a lookout circular, information sharing with police stations, railway-security coordination, and alerting police in Assam. A detailed inquiry has been initiated into the prison-security deficiencies enabling the escape.
August 27, 2026
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Women's savings account selection depends on practical benefits, charges, eligibility, and banking needs rather than the account label.
Women's Savings Accounts may provide standard banking facilities together with additional services or benefits for eligible women. Their suitability depends on practical use of digital banking, transfers, payments, alerts, debit-card facilities, accessibility, security features, charges, and minimum-balance conditions. Since regular Savings Accounts may offer comparable facilities, the additional benefits should be assessed against associated costs and conditions. Selection should be based on comparison of eligibility, facilities, balance requirements, benefits, customer support, and authentication safeguards rather than the account's women-focused label alone.
August 27, 2026
Show AI Summary
Retirement annuity selection prioritises payout structure, taxation, insurer strength and flexibility over brand comparison for informed retirement decisions.
Retirement planning may combine market-linked accumulation during working years, deferred annuities that lock future guaranteed income, and immediate annuities that convert retirement savings into regular payments. Annuity choice depends on whether the priority is higher income, continuation for a surviving spouse, or return of capital on death. Product comparison should consider market-linked growth versus income certainty, taxation of annuity income at applicable slab rates, insurer strength, and flexibility in deferment, payout frequency and policy loans.
August 27, 2026
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Foreign exchange inflows through deposit and borrowing measures provided near-term rupee support amid lower crude prices.
Reserve Bank special measures relating to FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings were identified as attracting foreign-exchange inflows and providing near-term support to the rupee. The Reserve Bank became a net dollar buyer in June after two months of sales to support the rupee. The FCNR(B) window remained open until August 31, while the market outlook anticipated broader rupee depreciation over subsequent weeks.
August 27, 2026
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Preferential trade agreement exploration advances bilateral market access, pharmaceutical cooperation, investment partnerships, and diversified trade.
India-Morocco economic cooperation is expanded through the seventh Joint Commission framework, targeting deeper and more diversified trade, investment, industrial collaboration and market access across goods and services. An India-Morocco Joint Working Group is to examine bilateral trade opportunities and the feasibility of a preferential trade agreement, including tariff and non-tariff barriers, improved market access and trade facilitation. Cooperation also addresses pharmaceutical market authorisation and approval timelines, food safety, sustainable agriculture, renewable energy, artificial intelligence, healthcare, and phosphates and fertilisers.
August 26, 2026
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Hybrid cyber fraud exploits stolen smartphones and intercepted verification codes to compromise digital banking and payment accounts.
Hybrid cyber fraud combines physical smartphone theft with digital financial exploitation. Offenders obtain screen-lock credentials, steal devices and use control of the active SIM card to intercept verification codes and reset UPI and digital banking credentials. Preventive measures include withholding PINs, passwords and OTPs; avoiding storage of financial and identity records on phones; and immediately blocking the SIM card and freezing digital banking and UPI services after a theft.
August 26, 2026
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CEPA review aims to expand bilateral trade engagement, address export barriers, and support regulatory registrations for exporters.
India and Japan are considering a review of the Comprehensive Economic Partnership Agreement to make the bilateral trade framework more contemporary and expand its scope, scale and commercial opportunities. The review is linked to balanced trade and to identifying export barriers arising from procedural requirements, language issues and time involved in market access. Regulatory compliance assistance may support product registrations required for overseas markets, including costly chemical registrations and pharmaceutical registrations.
August 26, 2026
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Personal loan reward eligibility depends on successful campaign-period disbursal, alongside review of borrowing costs and repayment capacity.
Loan Utsav 2026 provides a limited-period reward bundle to eligible customers whose personal loan is successfully disbursed during the campaign period, subject to applicable terms and conditions. Personal loans are collateral-free and available subject to eligibility, customer profile, documentation and applicable loan terms. Applicants may choose a loan amount and repayment tenure based on their requirements. Extended tenures can reduce monthly EMI obligations but may increase total interest payable. Customers should review interest rates, EMI, processing charges, other loan costs and repayment capacity before accepting a loan offer.
August 26, 2026
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Deep-tech investment cooperation advances through capital corridors, innovation bridges, manufacturing integration and startup pitching platforms for cross-border growth.
India-Japan startup cooperation is proposed to advance through a deep-tech capital corridor, a two-way innovation bridge, manufacturing and technology integration, and joint startup pitching platforms. Collaboration is directed towards patient capital, early-stage research, deep-tech commercialisation, technology validation, precision manufacturing, investment and market access. The partnership also emphasises MSME integration with startups and global supply chains, co-investment mechanisms, plug-and-play infrastructure, and institutional links among universities, research institutions, incubators and industry.
August 26, 2026
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Sugar price-control measures combine raw-sugar imports, stockholding limits and export restrictions to curb retail price pressures.
Sugar price-control measures combine authorised raw-sugar imports, stockholding limits for dealers and bulk consumers, and an existing export prohibition to address elevated domestic prices. Imports are permitted within the specified period, while stockholding restrictions seek to curb speculation and hoarding. Retail prices continued to rise despite lower ex-mill prices, and the regulatory approach focuses on augmenting supply, limiting stock accumulation, and preventing export-related pressure on domestic availability.

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21 bills passed by the Parliament during Budget Session- 2012 Pawan Kumar Bansal says Government very keen on Passing of the Lokpal Bill

May 23, 2012

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Press Information Bureau

Government of India

Ministry of Parliamentary Affairs

23-May-2012 19:13 IST

The Union Minister of Parliamentary Affairs & Water Resources Shri Pawan Kumar Bansal said that the government is very keen on passing of the Lokpal Bill the earliest possible. He was addressing a Press Conference on the conclusion of the Budget Session- 2012 in New Delhi today. The Budget Session of the Parliament which commenced on 12th March 2012 has been adjourned sine die on 22nd May 2012.

During the Budget Session, 21 Government Bills were introduced in Lok Sabha and 5 Bills were introduced in the Rajya Sabha. In all, 21 Bills were passed by Lok Sabha as well as the Rajya Sabha, which included one Ordinance replacing Bill. Some of the important Bills passed were the Judicial Standards and Accountability Bill, 2012; the Indian Medical Council (Amendment) Bill, 2012; the Right of Children to free and Compulsory Education (Amendment) Bill, 2012; the North-Eastern Areas (Reorganisation) and Other Related Laws (Amendment) Bill, 2012; the Constitution (Scheduled Tribes) Order (Second Amendment) Bill, 2012; the Central Educational Institutions (Reservation in Admission) Amendment Bill, 2012; the Rajiv Gandhi National Institute of Youth Development Bill, 2012; the Copyright (Amendment) Bill, 2012; the Anand Marriage (Amendment) Bill, 2012; and the Protection of Children from Sexual Offences Bill, 2012.

During the Session, 34 sittings of both the Houses of Parliament were held. Of these, 14 sittings were held in the first part and 20 sittings were held in the second part of the Session.

The first part of this Budget Session commenced on 12 March, 2012 with the Address by the President to the members of both the Houses assembled together in Central Hall. Both the Houses were in recess from 31st March, 2012 to 23rd April 2012 to enable the Standing Committees to examine the Demands for Grants of various Ministries/Departments and submit their Reports thereon. The second part of the Budget Session commenced on 24 April, 2012, after the recess.

Both the Houses discussed the Motion of Thanks on the President’s Address, a copy of which was laid on the Table of the House on 12 March, 2012. Motion of Thanks on the President’s Address was adopted in the Lok Sabha on 19 March, 2012. In Rajya Sabha also it was discussed and adopted after a debate during the first part of the session.

The session was mainly devoted to transaction of the financial business. The Budget (Railways) and Budget (General) for the year 2012-13, were presented on 14th and 16th March, 2012 respectively.

After a combined discussion on the Budget (Railways) for 2012-13, Demands for Grants on Account (Railways) for 2012-13, Supplementary Demands for Grants (Railways) for 2011-12 and Demands for Excess Grants (Railways) for 2009-10, the Demands were voted and the related Appropriation Bills were passed by the Lok Sabha. The Demands for Grants (Railways) for 2012-13 were discussed in the 2nd half of the session on 25th and 26th April, 2012. The demands were voted in full and the related Appropriation Bill was passed by the Lok Sabha and returned by the Rajya Sabha.

The two Houses also held a combined discussion on the Budget (General) for 2012-13, Demands for Grants on Account (General) for 2012-13, the Supplementary Demands for Grants (General) for 2011-12 and Demands for Excess Grants (General) for 2009-10. The Demands were voted and the related Appropriation Bills were passed by the Lok Sabha and later returned by the Rajya Sabha.

During the second part of the session in the Lok Sabha, the Demands for Grants for 2012-2013, in respect of the Ministries of Health and Family Welfare, Urban Development, Home Affairs and Commerce and Industry, were discussed before being voted in full. All the other outstanding Demands for Grants in respect of Budget (General) for 2012-2013 of the remaining Ministries were submitted to the vote of the Lok Sabha on 3rd May, 2012 and voted in full and the related Appropriation Bill was passed and subsequently returned by the Rajya Sabha. During this period, the Rajya Sabha discussed the working of Ministries of (i) Labour and Employment (ii) Coal and (iii) Defence.

The Lok Sabha also discussed the Finance Bill, 2012 on 7 and 8 May, 2012. The two houses considered the Finance Bill, 2012 before it was passed/ returned.

The Lok Sabha had debates on matters of Public Importance under Rule 193 on (i) the situation arising out of widespread discontentment among the working class due to faulty Government policies; (ii) need to bring comprehensive policy changes in the Civil Aviation sector due to large scale mismanagement in the affairs of national carrier, i.e., Air India and also some other private carriers and need to look into the problems being faced by the workforce engaged in the civil aviation sector; (iii) steps taken by the Government to protect the river Ganga from pollution and the Himalayas from ruthless exploitation. The Ministers concerned replied to the debates. Two discussions on situation arising out of faulty policy for procurement of food grains and inadequate facilities for their storage and Centre-State relations remained part-discussed. In the Rajya Sabha three short duration discussions were held under Rule 176.

During the session, five important matters were raised by way of Calling Attention, namely the (i) situation arising out of incident of child separation of an Indian couple by the Norway authorities; (ii) need to include Bhojpuri language in the Eighth Schedule to the Constitution; (iii) situation arising out of non-implementation of wage revision of Industrial Development Bank of India employees; (iv) situation arising out of severe drought in Karnataka; and (v) situation arising out of shortage of Drinking Water in the Country, particularly in Jhunjunu and Churu Districts of Rajasthan. In response to the two Calling Attentions, the Ministers concerned made a statement each and also replied to the clarifications sought by the members. As many as 56 statements were made by the Ministers on various other important subjects, including five statements by the Minister of Parliamentary Affairs on Government Business.

Members of both the Houses of Parliament had a Special Sitting on Sunday, the 13 May, 2012 to commemorate the 60th Anniversary of the First Sitting of Parliament of India. The Houses discussed the topic “Sixty years Journey of the Indian Parliament”. A resolution was unanimously passed by both the Houses at the conclusion of the discussion solemnly reaffirming total and binding commitment of the Parliament to the ideals cherished by the founding fathers of the Constitution.

YSK

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