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    Investec Selects Infosys Finacle SaaS Platform on Microsoft Azure for Digital Banking Transformation
    Kotak Securities Earns Great Place to Work® Certification and Recognition Among India's Best Workplaces™ in Investments 2026
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    Advisory on Keeping on Hold the Proposed e-Way Bill Enhancements
    Innovation, Startups, MSMEs and Quality Manufacturing are Pillars of India's Future Growth: Shri Piyush Goyal at 22nd J.R.D. Tata Memorial Lecture
    UP ATS nabs kingpin of fake document racket from West Bengal
    Calcutta HC says voter ID, Aadhaar, PAN not proof of Indian citizenship
    Corporate Mitra Scheme Awareness Webinar organized by IICA Shillong, Ministry of Corporate Affairs witnessing overwhelming participation of youth and ...
    CCI approves amalgamation of Go Digit Infoworks Services, holding company of Go Digit General Insurance Ltd, with Go Digit General Insurance Ltd, such...
    CCI approves acquisition of units of Oaktree capital group Holdings, L.P. (OCGH), and Oaktree Equity Plan, L.P. (OEP) by Brookfield Asset Management L...
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    Building Deep and Resilient Financial Markets for a Viksit Bharat - Keynote Address delivered by Shri Rohit Jain, Deputy Governor at the Financial Ins...
    RBI issues Draft (Securitisation Transactions) Amendment Directions
    Rupee rises 5 paise to 95.77 against US dollar in early trade
    Woman GST officer, consultant caught taking Rs 60,000 bribe in Maharashtra's Jalna
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    July 30, 2026
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    Cloud-native digital banking transformation integrates lending, cash management and liquidity tools while supporting scalable, resilient and compliant operations.
    Digital banking transformation through a cloud-native software-as-a-service platform entails migration from legacy systems to integrated deposits, lending, virtual account management and liquidity-management capabilities. Real-time data, artificial intelligence foundations, open APIs and event-driven architecture are intended to support digital banking products, corporate cash management and operational agility. Liquidity tools are designed to provide visibility and control over cash positions and working capital. The implementation is intended to deliver scalability, resilience, security and high availability while assisting regulatory compliance; projected benefits remain subject to risks and uncertainties.
    July 30, 2026
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    Workplace culture recognition highlights continued investment in employee wellbeing, inclusion, learning, collaboration and growth at a stockbroking firm.
    Workplace culture recognition was awarded to Kotak Securities through Great Place to Work Certification for a second consecutive year and inclusion among India's Best Workplaces in Investments 2026. The recognition followed assessment of employee feedback, workplace practices and organisational culture, reflecting employee trust, engagement and belonging. The company states that it will continue initiatives supporting employee wellbeing, learning and development, inclusion, collaboration and growth.
    July 30, 2026
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    Pro-competitive reforms strengthen market conditions through competition policy, investment review, trade facilitation, and reduced international regulatory barriers.
    Structural and pro-competitive reforms between 2010 and 2023 are assessed as reducing market distortions and strengthening competitiveness. The assessment covers property-rights protection, domestic competition and international competition, including the Goods and Services Tax, Insolvency and Bankruptcy Code, regulatory improvements and trade-facilitation modernisation. Further priorities include evidence-based competition policy, consumer-welfare review of sector-specific investment restrictions, and cooperation to address international regulatory barriers.
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    Secured retail lending growth accompanied enhanced credit controls, digital lending processes, and branch expansion by a middle-layer non-banking finance company.
    IndoStar Capital Finance Limited, a middle-layer non-banking finance company registered with the Reserve Bank of India, reported growth in secured used-vehicle finance and micro loans against property for the quarter ended June 30, 2026. It reported higher disbursements, assets under management and net interest income, alongside a lower weighted average cost of funds. The company also stated that it strengthened underwriting, customer-selection filters, scorecards and early-warning systems, while advancing electronic lending processes and expanding its branch and micro-loans-against-property network.
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    Proposed e-Way Bill enhancements remain on hold, with no production changes required pending further communication.
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    Securitisation Note amendments seek stronger issuance efficiency, liquidity and transparency, with stakeholder consultation invited on proposed directions.
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    July 29, 2026
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    Rupee appreciation reflected weaker dollar conditions, equity inflows, crude oil movements and positive domestic market sentiment.
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    July 29, 2026
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    Input Tax Credit unblocking allegedly involved illegal gratification, prompting a trap operation and apprehension of the officer and consultant.
    Alleged bribery connected with unblocking Input Tax Credit arose after an electronics trader received a show-cause notice and had its ITC blocked. A private tax consultant allegedly conveyed that a State GST officer demanded illegal gratification for unblocking the credit and encouraged the trader to settle the demand. Following a complaint, a trap operation allegedly led to the apprehension of the officer and consultant, with further legal action in progress.

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      Audit of Bathinda refinery's CSR funds to be conducted: Punjab minister

      February 25, 2025

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      Chandigarh, Feb 25 (PTI) Punjab Industries Minister Tarunpreet Singh Sond on Tuesday said that an audit of the Corporate Social Responsibility (CSR) funds of the Guru Gobind Singh Refinery in Bathinda will be conducted after an AAP MLA alleged its misuse.

      During the Question Hour in the Punjab Assembly, AAP MLA from Talwandi Sabo Baljinder Kaur raised the issue of utilization of CSR funds.

      To a question, the minister informed the House that out of Rs 180 crore of CSR funds, Rs 153 crore has been spent.

      "Guru Gobind Singh Refinery (now HPCL-Mittal Energy Limited) Bathinda is adhering to the relevant provisions of CSR as per the Companies Act, 2013. In the last 10 years, the company has been working for the development of the community around the refinery and the refinery is spending on CSR activities as per statute," said Sond.

      As per the information provided by the refinery for employment generation under CSR, the refinery has formed 481 Self Help Groups till date and 4,900 women are associated with these groups. Also, 1183 candidates have been trained under skill training programmes, he said.

      MLA Kaur alleged that there was a "big scam" in it while referring to the utilisation of Rs 153 crore of CSR funds.

      She claimed that she has a bill of a play station set up under the CSR funds costing Rs 5.81 lakh. But there are only four plastic rides in it, she claimed.

      These CSR funds should not be misused, she said.

      The minister then assured the MLA that an inquiry can be marked to get an audit done of the CSR funds. "After audit, we will come to know how much and where these funds were spent," he said.

      Meanwhile, Ravjot Singh, Punjab Local Government Minister, assured the Vidhan Sabha that the state government is actively addressing the issue of stray dogs, which has become a growing concern for residents across both urban and rural areas.

      Responding to a notice moved by Sangrur MLA Narinder Kaur Bharaj, Dr. Singh acknowledged the seriousness of the problem and detailed the steps being taken to control the stray dog population and ensure public safety.

      He informed the House that the government is strictly adhering to the Prevention of Cruelty to Animals Act, 1960, and the Animal Birth Control (ABC) Rules, 2023, to manage the issue effectively.

      "Sterilization is the most effective solution to control the stray dog population and reduce aggression. So far, around 2,18,063 dogs have been sterilized in the state, with nearly 80,000 procedures conducted between 2022 and 2024," he said.

      Later, the House passed the 'The Punjab Water Resources (Management And Regulation) Amendment Bill, 2025', which was moved by the Water Resources Minister Barinder Kumar Goyal.

      The Bill seeks to amend the Punjab Water Resources (Management and Regulation Act, 2020 and carries amendments to the Section 6 of the 2020 Act.

      As per the amendment, no person shall serve as Chairperson or other Member of the Punjab Water Regulation and Development Authority if he has attained the age of 65 years. PTI CHS MR

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