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    No Charges for UPI Users
    Competition Commission of India (CCI) hosts BRICS Heads of Competition Authorities 2026 meeting
    ICoAS fraternity reaffirms commitment to cost optimisation for Atmanirbhar Bharat on ICoAS day 2026
    Govt to introduce bill in Lok Sabha to broaden NCDC's mandate for co-operative sector growth
    AAP govt indulged in large-scale financial irregularities, caused losses to exchequer: Delhi minister
    ED files chargesheets in 2 PMLA cases against Anil Ambani Group companies, ex-executives
    RJD criticises UDF govt's move not to disburse pensions through cooperative banks
    Raymond Limited reports a healthy Q1 FY27 performance
    Why Most People Choose the Wrong Savings Account And How Not to Be One of Them
    RBI has proactively helped UCBs; cooperatives should look at regulator differently: Shah
    Ministry of Agriculture, Food and Rural Affairs and aT Host '2026 K-Food Fair in New Delhi, India'
    No compromise on tackling illegal immigrants' issue: Minister Priyank Kharge
    Technology, transparency key for urban cooperative banks to stay competitive: Shah
    Paul Merchants Gets RBI Approval for Perpetual AD Category-II Licence Under Revised FEMA Framework
    IEPFA Organises Stakeholder Engagement with Nodal Officers of Companies on Integrated IEPFA Portal 2.0
    Rupee settles with 5 paise gain at 95.17 against US dollar
    India weathered Hormuz disruption without fuel shortages: Puri
    RBI invites public comments on the draft Directions on ‘Credit Valuation Adjustment (CVA) Framework’
    RBI invites comments on the draft “Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Eleventh Amendment Directions, ...
    87 Proposals Received under BHAVYA Scheme during First Round of Phase-I
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    Show All SummariesHide All Summaries
    August 10, 2026
    Show AI Summary
    UPI transaction charges remain unavailable for consumers and person-to-person payments, while limited threshold-based merchant MDR may be considered.
    Proposed amendment of section 10A of the Payment and Settlement Systems Act, 2007 is intended to support UPI sustainability, technological advancement and resilience. Consumer payments and person-to-person transactions are to remain free. Any future merchant discount rate would apply only to limited merchant transactions above a threshold, at a nominal rate, while most merchant transactions remain free. The framework supports investment in cybersecurity, fraud prevention and infrastructure, alongside a self-sustaining and inclusive digital-payment ecosystem.
    August 10, 2026
    Show AI Summary
    Fair competition cooperation in renewable energy markets advances knowledge-sharing and evidence-based enforcement across interconnected digital and energy markets.
    BRICS competition authorities adopted a Joint Statement strengthening cooperation to promote fair competition, including in renewable energy markets. Cooperation focuses on dialogue, knowledge-sharing and consideration of cross-border competition challenges in digital markets, emerging technologies and the energy transition. Competition enforcement is to remain principled and evidence-based, supporting efficiency, consumer welfare, innovation and merit-based competition. A collaborative renewable-energy competition study identified evolving market dynamics and areas for future cooperation.
    August 10, 2026
    Show AI Summary
    Cost optimisation in public finance strengthens investment decisions, risk allocation, indigenous manufacturing and value-driven government expenditure through specialised financial expertise.
    ICoAS cost optimisation supports public financial management through prudent resource utilisation, financial oversight and improved cost management across government. Its role includes supporting indigenous manufacturing, better investment decisions, efficient public expenditure and maximum value for public spending. With greater private-sector participation and Public-Private Partnerships, ICoAS officers are expected to promote cost efficiency, appropriate risk allocation and sound project structuring. Capacity building emphasises integrity, financial modelling, data visualisation, analytical frameworks and artificial intelligence for improved public-finance management.
    August 9, 2026
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    Co-operative development financing would expand through direct assistance, share-capital participation and wider operational powers for sectoral support.
    National Cooperative Development Corporation (Amendment) Bill, 2026 proposes to broaden the Corporation's mandate to promote co-operative development. It would permit direct loans and grants to co-operative societies and other entities engaged in co-operative development, where funds are used for co-operative purposes. With Central Government approval, the Corporation could participate in the share capital of such entities. The proposals also expand the meaning of foodstuffs, remove geographical restrictions for industrial-goods assistance, and provide additional functional powers.
    August 9, 2026
    Show AI Summary
    GST compliance failures and electricity subsidy controls raise allegations of financial irregularities and potential losses to the public exchequer.
    Allegations based on a Comptroller and Auditor General report identified purported GST compliance failures involving outstanding tax liabilities, e-way bills generated after cancellation of GST registrations, limited bill scrutiny, non-compliance, and turnover mismatches. The allegations also concerned electricity subsidies extended to consumers with prolonged zero bills or apparent non-residence, presenting these issues as possible financial irregularities and losses to the public exchequer.
    August 9, 2026
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    Money-laundering prosecution complaints allege fund diversion through shell entities, credit-facility evergreening, layered transactions and fictitious project expenditure.
    Money-laundering prosecution complaints allege that funds from toll-road projects and credit facilities were diverted through group companies, contractors, shell entities and conduit accounts. In the toll-road matter, allegedly sham or back-dated subcontracting arrangements and subsequent documentation were used to portray transfers as genuine project expenditure. In the credit-facilities matter, fresh facilities were allegedly used to repay, rotate and evergreen earlier liabilities rather than for sanctioned end-use, with funds layered and presented as legitimate business expenditure or receipts. Attached assets are sought to be confiscated as alleged proceeds of crime.
    August 9, 2026
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    Direct Benefit Transfer pension disbursement replaces cooperative-bank doorstep delivery, while preserving home payments for beneficiaries unable to use bank accounts.
    Direct Benefit Transfer of social security and welfare pensions to Aadhaar-linked bank accounts is intended to replace cooperative-bank doorstep delivery, except for bedridden and similarly situated beneficiaries. The change addresses delays in remitting undistributed pensions, deficient record updates and reconciliation, duplicate payments, delivery incentives, and compliance with Direct Benefit Transfer norms. Criticism focuses on beneficiary access to linked commercial-bank accounts, possible minimum-balance deductions, exclusion of cooperative banks, and the effect on doorstep-delivery workers.
    August 8, 2026
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    Engineering business growth supported Raymond's first-quarter performance, with export expansion, capacity investment and net-debt-free financial flexibility.
    Raymond Limited reported unaudited first-quarter FY27 growth in total income, EBITDA and profit before tax before exceptional items, while remaining net-debt-free with a net cash surplus. Its Engineering business comprises Precision Technology & Auto Components and Aerospace & Defence. Growth in the former was attributed to export expansion, operating leverage, product mix and cost reductions. Aerospace & Defence growth was linked to production for global OEMs, portfolio expansion and increased capacity, although margins were affected by targeted research and development investment. Forward-looking statements remain subject to regulatory, political, economic and technological risks.
    August 8, 2026
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    Savings account selection requires comparison of effective interest, fees, digital service, access, and individual banking needs.
    Savings-account selection should compare effective interest returns under slab-based rates, recurring operating charges and the customer's actual banking needs. Net value depends not only on advertised rates but also on relevant minimum-balance, card, ATM, alert and transfer fees. Digital reliability, customer support, branch availability and ATM access should be assessed according to the customer's average balance, cash use, transfer frequency, travel patterns and need for in-person assistance. The suitable account is one that matches real banking behaviour.
    August 8, 2026
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    Urban cooperative bank regulation promotes licensing, governance, compliance support and cybersecurity measures to strengthen stability and depositor confidence.
    Urban cooperative banks are encouraged to recognise regulatory support through liberalised branch opening, doorstep banking, demand drafts, life certificates, dedicated regulatory coordination, enhanced gold-loan limits, one-time settlements and progress towards on-tap licensing. Sound governance is material to sectoral stability, while small-borrower lending is presented as a comparatively safe lending segment. The umbrella body can support member banks through technical expertise, compliance assistance, cybersecurity solutions and participation in a security operations centre to strengthen depositor confidence.
    August 8, 2026
    Show AI Summary
    Korean food export promotion combines buyer consultations, regulatory guidance and consumer experiences to support entry into Indian and South Asian markets.
    Korean food export promotion in India and South Asia combined business consultations with consumer-facing activities. Individual meetings connected Korean exporters with regional buyers and generated memoranda of understanding for products including frozen gimbap, ginseng wine and kombucha. Exporters received on-site guidance concerning non-tariff barriers, including food import customs clearance and certification requirements. Preparatory online sessions addressed import procedures, regulatory matters and consumer trends, while consumer events promoted Korean food through tasting, retail and experiential activities.
    August 8, 2026
    Show AI Summary
    Illegal immigration enforcement prioritises dismantling entry, documentation and employment networks while requiring citizens to report information through police channels.
    Illegal immigration enforcement involves continuous identification and verification operations, coordination with relevant officials, and confidential investigation of networks facilitating entry, identity documentation, accommodation and employment. Enquiries extend to intermediaries, contractors, Aadhaar procurement and verification practices, rather than focusing only on apprehended individuals. Citizen vigilantism, moral policing and social-media targeting of suspected migrants are discouraged because they may compromise investigations; information should instead be given through proper police channels.
    August 8, 2026
    Show AI Summary
    Technology, transparency and governance strengthen urban cooperative banks through modern customer services, depositor protection and cooperative-sector support.
    Technology adoption, transparency, sound governance and modern customer services are identified as necessary for urban cooperative banks to remain competitive. Banks are encouraged to join the sector's umbrella organisation and self-regulatory body, which provides capital, information-technology infrastructure and liquidity support. Protection of depositors' money remains a regulatory responsibility, while banks are expected to improve governance, train staff, adopt technology and enhance customer-centric services. Customer prosperity and reduced perception gaps between the central bank and urban cooperative banks are emphasised as measures to strengthen the sector.
    August 8, 2026
    Show AI Summary
    Authorised Dealer Category-II licensing expands permissible FEMA current account and foreign trade transaction services for cross-border payment customers.
    An Authorised Dealer Category-II approval under the Foreign Exchange Management (Authorised Persons) Regulations, 2026 enables Paul Merchants to undertake additional permissible non-trade current account transactions under FEMA, excluding gifts and donations, and foreign trade transactions within the applicable per-transaction limit. The approval supports foreign exchange and cross-border payment services, including overseas remittances for education, medical treatment, travel, and conference or event participation.
    August 8, 2026
    Show AI Summary
    Integrated investor claim portal modernisation advances digital KYC, streamlined verification, stakeholder-informed safeguards, and efficient investor claim settlement services.
    Integrated IEPFA Portal 2.0 is proposed to modernise investor claim processing through digital KYC, pre-filled Form IEPF-5, entitlement search, and a simplified e-Verification Report filing workflow. Stakeholder feedback included Aadhaar eKYC address validation, KYC for authorised representatives, entitlement-letter validation checks, bulk DSC and eSign functionality, integration of approved IEPF Form-4 data, lower-value share valuation using NSE and BSE data, and alerts for frequent address changes to prevent fraud.
    August 7, 2026
    Show AI Summary
    Foreign capital inflows supported the rupee despite geopolitical uncertainty, oil-price pressures, and volatile global market sentiment.
    Foreign capital inflows supported a marginal strengthening of the rupee against the US dollar despite global risk aversion arising from uncertainty surrounding negotiations affecting the Strait of Hormuz. Higher crude oil prices and weak domestic equity sentiment remained relevant pressures. Near-term currency movement was expected to depend on developments in the negotiations, weekend decisions, US employment data, the dollar index, crude oil prices, and the reported increase in foreign exchange reserves.
    August 7, 2026
    Show AI Summary
    Energy security through diversified sourcing protected fuel supplies during Hormuz disruption and supports domestic exploration and alternative fuels.
    Energy security measures based on diversified crude oil and LPG sourcing, expanded infrastructure, increased domestic LPG production and alternative fuels were presented as maintaining fuel availability during disruption of shipping through the Strait of Hormuz. Domestic resilience is also linked to support for private deep-water oil and gas exploration, opening offshore acreage, and expansion of compressed biogas and ethanol blending. Ethanol-blended petrol testing identified limited contamination instances rather than a systemic issue, while excise duty reductions were described as cushioning consumers against global fuel-price volatility.
    August 7, 2026
    Show AI Summary
    Credit valuation adjustment framework revises derivative capital requirements through flexible basic approaches, hedge recognition, and risk-sensitive counterparty treatment.
    Credit Valuation Adjustment framework revisions align CVA capital treatment with final Basel III standards. Eligible banks may use the full or reduced basic approach, while banks with an insignificant volume of non-centrally cleared derivatives may calculate their CVA capital charge at 100 per cent of the counterparty credit risk capital charge. The draft also clarifies CVA hedge recognition, introduces risk weights sensitive to sector and credit quality, and separates systematic and idiosyncratic CVA risk in the full basic approach.
    August 7, 2026
    Show AI Summary
    Leverage ratio framework amendments propose Basel-aligned capital adequacy standards, with public feedback invited on the draft directions.
    Proposed amendments to the leverage ratio framework would revise Chapter VII of the 2025 Commercial Banks Prudential Norms on Capital Adequacy Directions to implement the Basel Committee's Leverage Ratio 2017 Standard. Public comments and feedback on the draft Eleventh Amendment Directions, 2026, are invited until August 28, 2026, through the designated online platform, postal submission, or email.
    August 7, 2026
    Show AI Summary
    BHAVYA Scheme project selection uses challenge-based evaluation of infrastructure, industrial ecosystems, and policy enablers under prescribed eligibility criteria.
    BHAVYA Scheme Phase-I proposals submitted by State and Union Territory governments will be evaluated and scored under prescribed eligibility and evaluation criteria. Challenge-based project selection considers connectivity and site suitability, quality of core, value-added and social infrastructure in the detailed project report, and the industrial ecosystem and policy enablers. The Scheme guidelines provide for completion of the first-phase selection process within one year from notification.

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      HIGHLIGHTS AT 5 PM

      February 24, 2025

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      New Delhi, Feb 24 (PTI) Following are the top stories at 5 pm: NATION BOM22 MP-PM-2ND LD ECONOMY

      It's time to invest in MP: PM Modi, cites its talent pool and booming industries Bhopal: Prime Minister Narendra Modi on Monday said with a strong talent pool and thriving industries, Madhya Pradesh is becoming a preferred business destination and that this is the time, and right time, to invest in the state.

      DEL36 USAID-REAX

      Official report exposes govt's 'lies', says Congress; BJP accuses it of defending 'covert interference' New Delhi: The Congress on Monday cited a Union Finance Ministry report on the USAID-funded projects in India to claim that it has thoroughly exposed the government's "lies", prompting the BJP to accuse the opposition party of defending "covert interference" by foreign donors seeking to destabilise India's democracy.

      DEL38 CONG-KHARGE-ASSAM

      BJP set up factory of 'jumlas' in Assam, CM its 'mastermind': Kharge New Delhi: Congress president Mallikarjun Kharge on Monday attacked the BJP for "misgovernance" in Assam and alleged that Prime Minister Narendra Modi had set up a factory of 'jumlas' in the eastern state with the chief minister as its "mastermind".

      DEL28 DL-ASSEMBLY-LD SPEAKER

      Vijender Gupta elected Delhi Assembly speaker, AAP slams BJP as 'anti-Dalit and anti-Sikh' New Delhi: The Delhi Assembly was adjourned for 15 minutes on Monday following Vijender Gupta's election as speaker amid sloganeering from both the treasury and the opposition benches, with AAP members accusing the BJP being "anti-Dalit and anti-Sikh".

      DEL29 PRIYANKA-PM-WAYANAD

      Wayanad MP Priyanka writes to PM Modi, seeks conversion of relief package into grant New Delhi: Congress MP Priyanka Gandh Vadra on Monday wrote to Prime Minister Narendra Modi, apprising him about the hardships being faced by the people of Wayanad while trying to rebuild their lives after the devastating landslides last year and urging him to convert the government's relief package into a grant.

      BOM21 MH-NAIK-JANTA DARBAR

      Amid buzz of differences, BJP minister Ganesh Naik holds 'janata darbar' in Shinde stronghold Thane Thane: BJP leader and Forest Minister Ganesh Naik on Monday held a janta darbar in Thane, the home turf of Deputy CM Eknath Shinde, rejecting speculation of one-upmanship in the Mahayuti alliance.

      BOM24 MH-ALLAHBADIA

      India's Got Latent row: Ranveer Allahbadia appears before Maharashtra Cyber for recording statement Mumbai: YouTubers Ranveer Allahbadia and Ashish Chanchlani on Monday appeared before the Maharashtra Cyber to record their statements in connection with the India's Got Latent case, officials said.

      CAL12 WB-DOCS-MAMATA

      Demand strict punishment for those behind RG Kar incident: Bengal CM Mamata Banerjee Kolkata: West Bengal Chief Minister Mamata Banerjee on Monday referred to the murdered woman doctor of RG Kar Medical College and Hospital as her "sister" and extended deepest condolences to the victim’s parents.

      CAL20 BH-PM-KISAN

      Over Rs 22,000 cr transferred into accounts of 9.8 cr farmers as Modi releases PM Kisan installment Bhagalpur: More than Rs 22,000 crore was transferred into the bank accounts of 9.8 crore farmers across the country as Prime Minister Narendra Modi on Monday released the 19th installment of the PM Kisan Samman Nidhi scheme.

      CAL14 BH-PM-TEJASHWI

      PM's Bihar visit aimed to issue instructions for management of assembly polls: Tejashwi Patna: RJD leader Tejashwi Yadav on Monday alleged that Prime Minister Narendra Modi’s visit to Bihar was primarily intended to issue "instructions" for effective "management" of assembly elections in the state, which are due later this year.

      CAL26 BH-NITISH

      Those who got Muslim votes could not stop riots: Nitish Bhagalpur: Bihar Chief Minister Nitish Kumar on Monday slammed the opposition RJD-Congress combine, alleging that those in power before him "sought votes of Muslims" but failed to check communal clashes.

      MDS8 TL-TUNNEL-SURVIVORS

      T'gana tunnel collapse: Workers hope for safe return of colleagues Hyderabad: As the operation to rescue the eight personnel trapped inside the tunnel of SLBC project in Telangana was in progress, the workers who survived the mishap hoped for the safe return of their colleagues and recalled the tragedy that unfolded before their eyes.

      LEGAL LGD10 SC-WASTE-NCR

      Segregating waste at source important for environment: SC New Delhi: The Supreme Court on Monday said segregation of waste at source was of "vital importance" for the environment and asked the NCR states for the compliances made in adherence to the Solid Waste Management Rules, 2016.

      LGD5 DL-HC-RASHID

      Decide Engineer Rashid'€™s bail plea expeditiously: Delhi HC to NIA court New Delhi: The Delhi High Court on Monday asked the court hearing cases of the National Investigation Agency to expeditiously decide the bail plea of jailed J&K MP Abdul Rashid Sheikh alias Engineer Rashid in a terror funding case.

      LGD6 UP-COURT-RAHUL

      Defamation case against Rahul Gandhi: Hearing deferred to Mar 6 Sultanpur: A special MP/MLA court on Monday adjourned the hearing in a defamation case against Leader of Opposition and Rae Bareli MP Rahul Gandhi to March 6.

      LGM1 TN-HC-ISHA

      HC dismisses plea against Mahasivarathri celebrations at Isha in Coimbatore Chennai: The Madras High Court on Monday dismissed a petition seeking direction to authorities concerned from granting permission to conduct Mahasivarathri celebrations at Isha Foundation in Coimbatore.

      LGM2 KL-COURT-GEORGE-LD HATE SPEECH

      BJP leader P C George in police custody in hate speech case Kottayam: BJP leader P C George, who surrendered before a court in Erattupetta on Monday in connection with a hate speech case, has been remanded to police custody until 6 pm today.

      LGD8 DL-HC-BIHAR OLYMPIC-IOA

      Delhi HC sets aside IOA decision for ad-hoc panel to examine Bihar olympic body affairs New Delhi: The Delhi High Court on Monday set aside a decision of the Indian Olympic Association (IOA) to constitute an ad-hoc panel to examine the affairs of the Bihar Olympic Association.

      FOREIGN FGN36 UK-INDIA-FTA

      UK trade minister to relaunch trade talks with ‘vibrant market’ India London: UK Business and Trade Secretary Jonathan Reynolds on Monday said securing a Free Trade Agreement (FTA) with “vibrant market” India is a top priority for the British government.

      FGN39 BANGLA-AIR FORCE BASE-ATTACK

      Security personnel repulse attack by 'miscreants' on airbase: One killed, several hurt Dhaka: One man was shot dead and several injured when security personnel repulsed an attack Monday on a Bangladesh Air Force base in the southeastern beach town of Cox’s Bazar, officials said.

      PTI ARI ARI

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