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    NBCC moves SC for RERA exemptions to complete 16 stalled Supertech projects
    DFS Hosts PSB Confluence 2026: Day 1 Deliberations focus on Four themes- Deposit Mobilisation, Banking for Youth, Supporting the Investment Cycle and ...
    Govt to soon announce high-level panel on 'Banking for Viksit Bharat': FM
    Rupee falls 19 paise to close at 95.61 against US dollar
    Govt to soon announce high-level panel on 'Banking for Viksit Bharat'
    Union Minister of Finance and Corporate Affairs interacts with interns from PM Internship Scheme in New Delhi
    DRI uncovers large-scale illegal use of SAFTA agreement in areca imports
    Rupee falls 17 paise to 95.59 against US dollar in early trade
    Colombian president asks Trump to suspend tariffs to help earthquake recovery
    Mission Samudra to be launched alongside Vizhinjam’s EXIM operations
    Europe emerges top destination for India's electric car shipments in Q1
    Govt sets LPG production targets for refiners; Reliance gets largest quota
    PM urges MSMEs to tap opportunities from FTAs
    PM urges farmers to adopt 'chemical-free farming' to tap rising global demand for such food items
    Govt rolls out foreign asset disclosure scheme for small taxpayers
    Need one or two Indian pharma firms to be among global top 5: PM Modi
    Small taxpayers with€™ foreign assets to face 30 pc tax plus penalty; disclosure scheme opens till Dec 31
    PM urges MSMEs to tap opportunities from FTAs
    Govt cuts windfall gains tax on petrol, diesel, ATF exports
    Modi warns of weaponisation of resources, sea routes; urges energy self-reliance
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    August 17, 2026
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    RERA compliance exemption for stalled housing projects raises whether statutory obligations may be waived to enable phased project completion.
    RERA compliance exemption is sought for completion of 16 stalled residential projects by a public sector construction entity appointed under a project-completion arrangement. The appellate insolvency tribunal declined to direct a waiver, considering itself incompetent to exempt compliance with statutory provisions. The arrangement requires phased completion, award and commencement of construction work, and oversight through an apex committee and project-wise committees. The projects remain incomplete owing to the developer's financial crisis.
    August 17, 2026
    Show AI Summary
    Deposit mobilisation and youth banking guide strategies for stronger public financial institutions, investment financing and Global Capability Centre opportunities.
    PSB Confluence 2026 considers strategic priorities for Public Sector Banks and Public Financial Institutions across deposit mobilisation, banking for youth, investment-cycle financing and Global Capability Centres. Discussions seek practical, scalable strategies to strengthen customer engagement, youth-responsive banking propositions, institutional financing capabilities and participation in the expanding Global Capability Centre ecosystem. Youth engagement may use the MY Bharat platform to strengthen links with the formal financial system and awareness of education finance, entrepreneurship, internships and financial-sector careers. Further themes include value-chain infrastructure, priority sector lending and credit card business reform.
    August 17, 2026
    Show AI Summary
    Banking-sector reform will guide lender capacity, financial stability, inclusion, consumer protection, deposit growth and responsible credit-card expansion.
    Banking-sector reform is proposed through a high-level committee on Banking for Viksit Bharat to review the sector and align it with growth needs while safeguarding financial stability, financial inclusion and consumer protection. Key themes include deposit mobilisation, youth banking, investment support, global capability centres, value-chain infrastructure, credit cards and priority-sector lending. Public-sector banks are expected to improve competitiveness through technology, sectoral expertise, product adaptation and customer-focused deposit growth. Credit-card development must maintain responsible underwriting, customer protection and appropriate risk controls.
    August 17, 2026
    Show AI Summary
    FCNR(B) concessional swap facility availability narrows to timely mobilised deposits amid rupee depreciation and foreign currency inflow concerns.
    Foreign-exchange conditions reflected rupee depreciation amid weak domestic equity markets and higher crude oil prices. FCNR(B) concessional swap facility availability is confined to foreign currency deposits mobilised by banks within the revised cut-off period, replacing the previously longer mobilisation window. The facility is intended to encourage foreign currency inflows, while banks use the FCNR(B) scheme to mobilise foreign currency deposits through attractive interest rates.
    August 17, 2026
    Show AI Summary
    Banking sector review panel will align future growth with financial stability, inclusion and consumer protection through government recommendations.
    High Level Committee on Banking for Viksit Bharat is proposed to comprehensively review the banking sector and align it with India's next phase of growth. It is intended to safeguard financial stability, financial inclusion and consumer protection, while providing views and recommendations to the Government on banking-sector development and reform.
    August 17, 2026
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    Prime Minister Internship Scheme enhances youth employability through paid industry exposure, cross-field learning, workplace readiness and potential full-time employment.
    The Prime Minister Internship Scheme provides paid internships with leading companies across India to improve youth employability through practical workplace exposure, industry experience and skills development. It addresses the gap between classroom learning and employers' expectations of workplace readiness. Participation is not confined to academic qualifications, allowing youth to pursue fields of interest and gain hands-on professional learning. Strong internship performance may lead to full-time roles, while the scheme stresses responsible work where errors may affect quality, consumer safety and organisational reputation.
    August 17, 2026
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    SAFTA origin fraud in areca imports allegedly enabled improper duty exemption through false Bangladeshi-origin declarations.
    SAFTA preferential duty treatment for areca-nut imports was allegedly misused by falsely declaring goods originating in South-East Asian countries as Bangladeshi origin. Since areca nuts normally attract 100% basic customs duty, the scheme sought to obtain the full SAFTA exemption reserved for qualifying Bangladeshi goods meeting Rules of Origin requirements. The alleged mechanism included routing goods through Bangladesh, changing containers and bags, using improperly obtained Certificates of Origin, and facilitating clearance through importers, Customs Brokers and IEC holders. Investigative findings also indicated cash proceeds, hawala channels and dummy entities.
    August 17, 2026
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    FCNR(B) concessional swap facility closure may reduce temporary foreign-currency inflow support and heighten rupee weakness concerns.
    The Reserve Bank of India restricted its concessional swap facility for FCNR(B) deposits to deposits mobilised by August 31, advancing the earlier cut-off date. The facility was intended to encourage foreign-currency inflows, while banks mobilise such deposits through attractive interest rates. Market commentary indicated that existing inflows may support the rupee in the near term, but the curtailed availability of the facility could reduce this temporary cushion and increase depreciation risk.
    August 16, 2026
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    Temporary tariff suspension for earthquake recovery is sought to ease pressure on affected Colombian businesses.
    Temporary suspension of high tariffs on Colombian products has been sought to support business recovery following a severe earthquake declared a natural disaster. The request links tariff relief to economic disruption affecting businesses amid extensive destruction, injuries and missing persons. United States emergency assistance has been provided through food, shelter and health supplies, while no response to the tariff-suspension request had been reported.
    August 16, 2026
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    Port-led industrial development and direct export operations aim to expand logistics infrastructure, market access and trade connectivity.
    Mission Samudra is proposed as a port-led industrial and logistics development programme linked to the commencement of export-import operations at Vizhinjam seaport. It covers industrial clusters, new cities, port connectivity, logistics, development initiatives, programme management and capacity building. Direct export shipments are intended to improve overseas-market access and reduce transit time and logistics costs, particularly for small and medium enterprises. The framework also anticipates growth in warehousing, cold storage, container freight stations and logistics parks, supported by private participation and road and rail connectivity.
    August 16, 2026
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    Electric vehicle export diversification strengthens India's presence across European, Asia-Pacific and Latin American markets through expanding overseas demand.
    India's electric motor car exports expanded sharply in the first quarter of 2026-27, reflecting increased international acceptance and competitiveness of India-manufactured electric vehicles. Europe became the principal export destination, led by Spain and the United Kingdom, with further demand across several European markets. Exports also reached Asia-Pacific markets, Nepal and emerging Latin American destinations. This wider market presence reflects improving quality and safety standards, stronger integration into global electric-vehicle supply chains, and diversification of India's electric-vehicle export profile.
    August 16, 2026
    Show AI Summary
    LPG production preparedness requires refiners and upstream producers to maintain capacity and increase output during supply constraints.
    Government has established a standing LPG production preparedness framework under which refining companies, oil marketing companies and upstream producers may be directed to increase production during supply constraints. Companies must maintain adequate LPG storage, evacuation and transportation infrastructure and pursue technically and economically feasible production-enhancing measures. Written directions may prescribe production quantities and periods, including restrictions on alternative uses of input streams required for LPG. The production schedule is updated twice yearly to reflect new facilities and added capacity from infrastructure, technology and distribution improvements.
    August 16, 2026
    Show AI Summary
    Free trade agreement market access requires MSMEs, farmers and exporters to meet global quality standards.
    Free trade agreements expand market-access opportunities for Indian MSMEs, exporters and producers through reduced or eliminated import duties on traded goods. Textiles, machinery, medicines, seafood and agricultural products can access international markets where they meet global standards and remain competitively priced. Farmers and producers are encouraged to develop export-oriented products, including chemical-free agricultural produce, while MSMEs may use preferential trade access to support manufacturing, exports, employment and growth.
    August 15, 2026
    Show AI Summary
    Chemical-free farming can strengthen agricultural exports by meeting global standards and responding to rising international demand.
    Chemical-free farming is urged to meet growing global demand and expand agricultural exports. Agricultural products must meet global parameters to facilitate access to international markets, including markets opened through free trade agreements. Food processing, export-oriented farm production, and global branding of traditional cuisine, millets, spices, fruits and flowers are identified as important elements of agriculture and food production policy.
    August 15, 2026
    Show AI Summary
    Voluntary foreign asset disclosure allows eligible taxpayers to regularise overseas holdings with immunity from further tax, penalties and prosecution.
    FAST-DS permits eligible taxpayers to disclose specified undisclosed foreign assets, foreign income, and foreign assets omitted from return schedules. Undisclosed assets or income not previously offered to tax may be declared up to Rs 1 crore on payment of an effective 60 per cent levy, based on fair market value as of 31 March 2026. Assets already offered to tax, or acquired during non-resident status but omitted from the return schedule, may be declared up to Rs 5 crore on payment of a fee. Valid declarations provide immunity from further tax, penalty and prosecution, while declared amounts are excluded from total income.
    August 15, 2026
    Show AI Summary
    Global pharmaceutical leadership is urged through Indian firms achieving top-five status, supported by generic manufacturing and export capacity.
    Indian pharmaceutical companies are urged to attain representation among the world's five leading pharmaceutical firms, despite India's established position as a major producer of generic medicines. India has a broad manufacturing base, supplies generic medicines across numerous therapeutic categories, and exports to worldwide markets including highly regulated jurisdictions. Although pharmaceutical exports and the domestic market have expanded, Indian firms have not yet secured positions among the largest global companies. Greater international scale may be supported through acquisitions and expanded established-brand and branded-generic operations.
    August 15, 2026
    Show AI Summary
    Foreign asset voluntary disclosure permits eligible small taxpayers to regularise qualifying assets through tax, additional levy, and statutory immunity.
    FAST-DS permits eligible small taxpayers to voluntarily disclose specified foreign assets or foreign income. It covers undisclosed foreign assets or income not offered to tax, subject to an aggregate value threshold of Rs 1 crore, and certain foreign assets omitted from the relevant return schedule, subject to a Rs 5 crore threshold and prescribed fee. Payment comprises 30 per cent tax and an additional equal amount. Disclosed income or investment is excluded from total income, with immunity from further tax, penalty and prosecution under the Black Money Act for the disclosed asset or income.
    August 15, 2026
    Show AI Summary
    Free trade agreement opportunities require MSMEs to meet global standards and expand exports across textiles, machinery, medicines and seafood.
    Free trade agreements are presented as export-market opportunities for Indian MSMEs because they reduce or eliminate import duties on a substantial range of traded goods. MSMEs are urged to expand exports of textiles, machinery, medicines and seafood, including shrimp, by meeting global quality standards and offering products competitively. Their export role is linked to self-reliance and their significant contribution to manufacturing, exports, GDP and employment.
    August 15, 2026
    Show AI Summary
    Windfall gains tax on petroleum exports was reduced to support domestic fuel availability and limit export price advantages.
    Special additional excise duty (windfall gains tax) on exports of petrol, diesel and aviation turbine fuel was reduced from 15 August 2026. Petrol export duty was reduced to nil, and export-duty rates on diesel and ATF were lowered. Duty rates for petrol and diesel cleared for domestic consumption remained unchanged. The export-duty framework seeks to maintain domestic petroleum-product availability and limit export advantages arising from higher global crude oil prices amid West Asia tensions.
    August 15, 2026
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    Energy self-reliance drives diversified fuel sourcing, expanded offshore exploration, and domestic capacity to reduce geopolitical supply vulnerability.
    Energy security policy seeks to reduce exposure to geopolitical pressure and supply disruption caused by dependence on overseas fuel and strategic maritime routes. India is diversifying crude oil and LNG sourcing while strengthening domestic hydrocarbon production through offshore exploration, seismic surveys, exploratory drilling and shared infrastructure. Expanded access to sedimentary basins is intended to unlock domestic oil and gas resources. Wider piped natural gas coverage, solar generation, critical-mineral exploration, and nuclear and other non-fossil energy sources support the broader objective of energy self-reliance.

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      HIGHLIGHTS

      February 18, 2025

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      New Delhi, Feb 18 (PTI) Following are the top stories at 9 pm: NATION DEL53 INDIA-QATAR-FTA

      India, Qatar explore possibility of bilateral FTA; PM Modi, Qatar Amir discuss New Delhi: India and Qatar are "exploring" the possibility of signing a bilateral free trade agreement in future, and this was discussed during the talks between Prime Minister Narendra Modi and Amir of Qatar Sheikh Tamim Bin Hamad Al-Thani on Tuesday, officials said.

      CAL36 OD-STUDENT-DEATH-2NDLD VISIT

      KIIT row: Police hand over girl student’s body to family after autopsy; probe panel formed Bhubaneswar: Odisha Police on Tuesday handed over the body of the Nepali girl student to her father after post mortem at AIIMS Bhubaneswar, even as the incident triggered a statewide outcry with the issue being raised in the Assembly.

      DEL48 2NDLD INDIA-QATAR

      India, Qatar aim to double trade to USD 28 billion over next five years New Delhi: India and Qatar on Tuesday agreed to double bilateral trade to USD 28 billion over the next five years and announced elevation of their relationship to the level of strategic partnership as Prime Minster Narendra Modi held talks with Amir Sheikh Tamim Bin Hamad Al-Thani.

      DEL59 RAIL-EXPERT-INDEPENDENT PROBE

      Conflicting claims on cause of stampede: Experts say independent probe needed for fact to come out New Delhi: Safety and legal experts Tuesday demanded an independent probe to find out the reason behind the February 15 stampede at the New Delhi Railway Station, as conflicting claims were made by witnesses, Railway Protection Force and ministry officials about the cause of the tragedy. By Jeevan Prakash Sharma

      DEL62 CONG-IRANI-USAID

      Smriti Irani 'real agent' of billionaire investor George Soros, alleges Cong; BJP hits back New Delhi: Amid a controversy over alleged funding by a US agency for raising voter turnout in India, the Congress on Tuesday accused BJP leader Smriti Irani of being the "real agent" of billionaire investor George Soros.

      DEL61 DL-BJP-LD OATH PREPARATIONS

      Delhi: Wait for new CM to end tomorrow; PM, ministers, celebrities to attend Feb 20 oath New Delhi: Delhi's wait for its new chief minister after the assembly polls will end on Wednesday, when the BJP Legislature Party is slated to choose the Leader of the House, even as preparations for the February 20 oath-taking ceremony are in full swing at the historic Ramlila Ground here.

      DEL56 UP-KUMBH-EXTENSION-RUMOUR

      No extension of Maha Kumbh: Prayagraj DM Mahakumbh Nagar: Prayagraj District Magistrate (DM) Ravindra Mandar on Tuesday categorically denied rumours circulating on social media regarding an extension of the Maha Kumbh Mela due to heavy crowds. Dismissing these claims, he clarified that the schedule of the event is determined on the basis of religious "muhurats" (auspicious timings) and remains unchanged.

      DEL54 MHA-LD SATYENDAR

      Prez grants prosecution sanction against AAP leader Satyendar Jain New Delhi: President Droupadi Murmu has granted the sanction to prosecute AAP leader and former Delhi minister Satyendar Jain in a money-laundering case being investigated by the Enforcement Directorate, sources said on Tuesday.

      DEL51 UP-3RDLD-UDIT RAJ

      Controversy erupts over Udit Raj's 'strangle Mayawati' remark; BSP seeks action Lucknow: A controversy erupted on Tuesday over Congress leader and former Lok Sabha MP Udit Raj's remarks that BSP chief Mayawati has "strangled the social movement and now the time has come to strangle her", with the BSP demanding his arrest.

      CAL26 OD-STUDENT-LD FATHER

      Odisha's KIIT mistreated Nepali students, alleges deceased's father Bhubaneswar: The father of the Nepali student, whose body was found in her hostel on the KIIT campus in Odisha's Bhubaneswar, on Tuesday alleged that the private engineering institute "mistreated" undergraduates from the neighbouring country.

      DEL46 UPSC-EXTENSION

      UPSC further extends last date to apply for civil services prelims exam till Feb 21 New Delhi: The Union Public Service Commission (UPSC) has extended the last date to apply for this year's civil services preliminary examination till February 21.

      DEL44 EC-LD RAJIV KUMAR

      Chief Election Commissioner Rajiv Kumar, who oversaw LS and J-K polls, demits office New Delhi: Rajiv Kumar, who oversaw the 2024 Lok Sabha elections and the crucial Jammu and Kashmir assembly polls, demitted office on Tuesday as the 25th chief election commissioner after a nearly three-year tenure marked with high electoral successes but also repeated allegations of bias by opposition parties.

      BOM31 MH-COURT-SAVARKAR-LD RAHUL

      After bail, Rahul gets permanent exemption from court appearance in defamation case Pune: A Pune court on Tuesday granted permanent exemption from appearance to Congress MP Rahul Gandhi in a defamation case filed over his alleged objectionable remarks on Hindutva ideologue V D Savarkar, citing his top-level security and the Leader of Opposition status.

      BOM28 GJ-POLLS-LOCAL BODIES-RESULTS

      BJP sweeps local body polls in Gujarat, Cong bags just one municipality out of 68 Ahmedabad: The ruling BJP on Tuesday swept the local body polls in Gujarat by winning the Junagadh Municipal Corporation (JMC) as well as 60 municipalities out of 68 and all three taluka panchayats where voting was held on February 16.

      LEGAL LGD37 SC-2NDLD ALLAHBADIA

      SC gives relief to Ranveer Allahbadia, raps him for 'vulgarity, dirty mind' New Delhi: The Supreme Court on Tuesday granted interim protection from arrest to podcaster Ranveer Allahbadia over his comments on a YouTube show while calling it "vulgar" and saying he had "dirty mind" which put the society to shame.

      LGD41 SC-ALLAHBADIA-AUSTRALIAN PROGRAMME

      We don't sit in ivory towers, know where Allahbadia copied comments from: SC New Delhi: The Supreme Court on Tuesday said it wasn't sitting in "ivory towers" and knew podcaster Ranveer Allahbadia, booked for his utterances on a YouTube show, copied his comments from an Australian programme.

      LGD46 SC-CENTRE-ONLINE CONTENT

      'All kinds of things going on': SC flags 'vacuum' in online content regulation, asks Centre to act New Delhi: The Supreme Court on Tuesday flagged the "vacuum" in law when it comes to sharing of content on platforms such as YouTube and said "all kinds of things were going on".

      LGD31 SC-ALLAHBADIA-ORDER

      Influencer Ranveer Allahbadia, associates not to air any other show till further orders: SC New Delhi: The Supreme Court on Tuesday pulled up social media influencer Ranveer Allahbadia for his comments on YouTube show India's Got Latent and directed him and his associates not to air any show till further orders.

      LGD43 DL-COURT-LD SAJJAN KUMAR

      1984 anti-Sikh riots: Prosecution seeks death for ex-Congress MP Sajjan Kumar in murder case New Delhi: The prosecution on Tuesday sought death penalty for former Congress MP Sajjan Kumar in a murder case related to the 1984 anti-Sikh riots, saying the crime was committed in a "brutal and diabolical manner".

      LGD44 LAWYERS-LETTER-EKTA KAPOOR

      Lawyers urge president to revoke Ekta Kapoor's Padma Shri for making 'pornographic content' New Delhi: Over a hundred lawyers on Tuesday wrote a letter to President Droupadi Murmu seeking revocation of Padma Shri conferred on film and TV producer Ekta Kapoor for making "unlawful" and "horrendous pornographic content".

      FOREIGN FGN66 NEPAL-STUDENT-DEATH (RPT)

      Nepal govt says may stop issuing NOC to students wishing to study in Odisha if situation not resolved Kathmandu: The Nepal government on Tuesday said that it may stop issuing no objection certificates to students who wish to study in institutes in Odisha if the situation arising from the death of a student at a Bhubaneswar university is not resolved in a “justifiable and legal way”. By Shirish B Pradhan

      FGN64 PAK-PARLIAMENT-KASHMIR (RPT)

      Pakistan parliament passes resolution urging India to hold plebiscite in Kashmir Islamabad: Pakistan’s parliament on Tuesday passed a resolution urging New Delhi to hold a plebiscite in Kashmir, invoking again a demand rejected long back by India. By Sajjad Hussain

      FGN70 UK-TATA STEEL

      UK welcomes 'major step forward' in Tata Steel's green steel growth plans London: Tata Steel UK on Tuesday announced that its proposals to deliver a state-of-the-art Electric Arc Furnace for greener steelmaking in Port Talbot, South Wales, has got the requisite approval from the local council.

      PTI ARD ARD

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