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    DGFT Removes Physical Duty Payment Challans for Export Obligation Discharge Certificate Applications under Advance Authorisation and Export Promotion ...
    TRAI directs use of 1601-series for service, transactional calls by utilities, logistics cos
    Nagaland tax revenue rises to Rs 1,597 crore in FY'26
    India's Russian crude imports hit record for second straight month
    Stolen phone of 88-year-old leads Delhi Police to bust interstate cyber-fraud syndicate; 9 held
    Rupee falls 11 paise to close at 95.28 against US dollar on firm crude oil prices
    Loan Utsav 2026: Bajaj Finance Personal Loan Now Comes with an Exclusive Reward Bundle for Eligible Customers
    Freedom to Spend Smarter: AU Small Finance Bank Credit Cards Bring Rewards, EMI Flexibility and Lounge Access to India''s Biggest Shopping Month
    Rupee falls 8 paise to 95.25 against US dollar in early trade
    APEDA Facilitates First-Ever Export of GI-tagged Mithila Makhana by Sea Route from Bihar to Australia
    Government signs strategic MoUs with key industry leaders and ecosystems to strengthen support to StartUps
    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
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    August 10, 2026
    Show AI Summary
    Digital EODC processing removes physical duty challans through authenticated payment verification for export authorisation closure.
    Export Obligation Discharge Certificate processing under the Advance Authorisation and Export Promotion Capital Goods schemes no longer requires physical duty-payment challans for voluntary customs-duty payments made on or after 1 August 2026. Authenticated licence-wise payment information is electronically transmitted from Customs/ICEGATE to DGFT systems and mapped to the relevant authorisation. Exporters can verify payment details on the customer portal, while Regional Authorities use corresponding back-office records, replacing manual submission and verification for authorisation closure.
    August 10, 2026
    Show AI Summary
    Trusted service-call numbering requires verified utilities and logistics entities to use dedicated numbers exclusively for transactional and service communications.
    The 1601-series is introduced for verified utilities, courier and logistics entities making service and transactional voice calls. Numbers must be allocated directly to eligible entities, not intermediaries or aggregators, following verification by telecom service providers and an undertaking of exclusive use. Promotional voice calls are prohibited on this series and remain associated with the 140-series. The framework separates these calls from the 1600-series reserved for regulated financial-sector and government-to-citizen communications, supporting consumer recognition of legitimate calls and reducing impersonation risks.
    August 10, 2026
    Show AI Summary
    GST revenue collection drives tax growth while data scrutiny, taxpayer verification, and compliance capacity remain key administrative priorities.
    GST constituted the principal component of tax revenue for the 2025-26 fiscal year. Tax administration faces staff shortages, information-technology upgrade needs, and increased workloads from taxpayer registrations and return filings. Compliance oversight requires GST data scrutiny, risk assessment, identification of unregistered taxpayers, tax-evasion detection, and field verification of high-risk taxpayers. Long-term revenue planning sets progressively higher collection targets through 2063.
    August 10, 2026
    Show AI Summary
    Russian crude imports reshape India's refining trade as processed petroleum products reach sanctioning jurisdictions despite import restrictions.
    Indian imports of Russian crude oil reached a second consecutive monthly record in July 2026, with Russian crude forming the dominant share of India's Russian fossil-fuel purchases and more than half of total crude imports. Higher receipts through smaller terminals offset reduced volumes at Paradip. Indian refineries processing Russian crude also exported refined petroleum products to sanctioning jurisdictions, including the European Union, Australia and the United States, despite the European Union prohibition on imports of oil products made from Russian crude.
    August 10, 2026
    Show AI Summary
    Cyber-fraud through stolen phones allegedly used mule accounts, banking credentials and coordinated technical operations to divert victims' funds.
    Investigation into unauthorised withdrawals after theft of a mobile phone uncovered an alleged interstate cyber-fraud network using stolen devices, linked banking credentials and mule bank accounts. The scheme allegedly involved phone theft, supply of accounts and banking instruments, and a technical operation that accessed victims' accounts and routed funds for withdrawal or transfer. Digital surveillance, transaction mapping, seized devices, victim data and transaction records are being examined to identify linked complaints and the extent of funds allegedly diverted.
    August 10, 2026
    Show AI Summary
    Rupee depreciation reflected stronger dollar, elevated crude prices and geopolitical uncertainty, while portfolio inflows and equity gains provided support.
    The rupee depreciated against the US dollar amid a stronger dollar, higher global crude oil prices and uncertainty surrounding West Asia-related negotiations. Concerns over crude oil's potential impact on the trade deficit weighed on the currency, while positive domestic equity markets and foreign portfolio investment inflows provided support. Market caution remained focused on forthcoming US inflation data, dollar-index movements and Brent crude prices. Foreign-exchange reserves increased during the reported period.
    August 10, 2026
    Show AI Summary
    Collateral-free personal loans offer extended repayment flexibility, conditional reward benefits, and online application subject to eligibility and disbursal requirements.
    Loan Utsav 2026 provides eligible Bajaj Finance Personal Loan applicants an exclusive reward bundle where the loan is successfully disbursed during the campaign period. The collateral-free facility supports personal expenses, offers repayment tenures from 12 to 108 months, and may enable lower monthly EMI obligations through a longer selected tenure. Interest rates depend on eligibility, credit assessment, financial profile and lending criteria. Online applications require personal and financial details and required documents, with disbursal for eligible applicants possible after verification and approval.
    August 10, 2026
    Show AI Summary
    Credit card payment flexibility supports seasonal shopping and travel through eligible EMIs, rewards, tracking tools and conditional merchant benefits.
    Credit-card spending features include conversion of eligible purchases into EMIs, selected no-cost EMI options, reward points, cashback, merchant discounts and payment flexibility. Travel-related benefits may include domestic airport lounge access, travel-booking discounts, fuel-surcharge waiver and anniversary-linked rewards. The AU 0101 application enables transaction tracking, balance and interest-rate monitoring, EMI conversion and bill-payment management. Features and offers are subject to change, customer eligibility, internal policies and partner-merchant terms.
    August 10, 2026
    Show AI Summary
    Foreign-exchange market conditions weakened the rupee as stronger dollar and crude prices offset support from reserve growth and inflows.
    Foreign-exchange market conditions saw the rupee weaken against the US dollar in early trading, influenced by a stronger dollar and higher global crude oil prices. Foreign institutional equity inflows and increased foreign-exchange reserves moderated pressure on the rupee. Market attention remained focused on developments in West Asia and the Reserve Bank of India, alongside movements in the dollar index, crude oil prices and domestic equity markets.
    August 10, 2026
    Show AI Summary
    GI-tagged Mithila Makhana export facilitation expands sea-route market access while supporting quality compliance and farmer-linked value chains.
    Export facilitation for GI-tagged Mithila Makhana enabled the first commercial sea-route shipment from Bihar to Australia. APEDA, in association with the Bihar agriculture department, supported market access, coordination, capacity building and stakeholder engagement. The export model is intended to improve farmer price realisation, require adherence to global quality standards, and strengthen growers, processors and exporters. A separate HS Code for Makhana has taken effect under the Finance Bill, 2025, supporting product-specific trade classification.
    August 10, 2026
    Show AI Summary
    Startup ecosystem support expands through digital payments, cloud access, AI innovation, investment readiness, governance support and global market programmes.
    DPIIT has entered into strategic MoUs to support DPIIT-recognised startups through payment infrastructure, entrepreneurship development, cloud technology, mobility innovation, investment readiness and global-market access. Eligible startups may receive payment and cloud support, technical training, mentorship, startup formalisation assistance, market and investor connections, AI and mobility enablement, and programmes addressing governance, financial readiness, compliance and international expansion. The collaborations promote innovation across digital payments, clean energy, artificial intelligence, climate technology, advanced manufacturing, mobility and automotive technology.
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.

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      MSI Announces the availability of RTX 50 series of laptops in India

      March 13, 2025

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      MUMBAI, India, March 13, 2025 /PRNewswire/ -- MSI, the innovative computing manufacturer in gaming, creator, and business laptops has announced the availability of its much-anticipated RTX 50 Series laptops in India. Featuring the latest processors from AMD and Intel, along with NVIDIA GeForce RTX™ 50 Series GPUs, these hi-tech devices redefine performance, design and AI-driven computing. The new lineup featuring the Titan, Raider, Stealth and Vector series caters to a diverse range of users, from hardcore gamers to creative professionals. Starting at INR 2,99,990/-, the RTX 50 Series laptops are now available across leading retail stores, MSI authorized stores and e-commerce platforms.

      MSI's RTX 50 Series laptops integrate game-changing AI capabilities powered by NVIDIA DLSS 4, allowing users to enhance gaming performance, accelerate creative workflows, and generate images at unprecedented speeds. The lineup features ultra-fast DDR5-6400 memory, stunning 4K Mini LED displays, and MSI's advanced thermal management, ensuring exceptional power efficiency and performance. Our flagship model, the Titan 18 HX Dragon Edition Norse Myth, comes equipped with an 18-inch 4K Mini LED display with a 120Hz refresh rate, Intel Core Ultra 9 285HX processor, NVIDIA GeForce RTX 5090 GPU with 24GB GDDR7 VRAM, and up to 96GB of RAM. Notably, the Titan and Raider models feature a combination of PCIe Gen 5 and Gen 4 SSDs, offering flexible storage configurations. In India, these laptops are available for pre order till 31st March 2025, with prices beginning at INR 2,99,990/- To celebrate the launch, MSI is offering exclusive pre-order deals and bundled offers across its brand stores and authorized retail partners. Customers purchasing select Titan, Raider, and Vector models can enjoy instant discounts of up to INR 60,000/-, making it the perfect time to upgrade to the latest in gaming and performance technology. Additionally, MSI is also offering a special coupon worth INR 3,000/- for purchases made at MSI Exclusive Brand Stores, along with a USD 30 Steam Wallet code, adding even more value to the offers. These launch offers are available exclusively at MSI Exclusive Brand Stores and select online partners.

      To know more: https://in.msi.com/Promotion/2025-rtx50-gaming-laptops/nb Commenting on this exciting announcement, Mr. John Hung, NB General Manager, MSI India, said "With the rapid evolution of AI, gaming and content creation, MSI remains committed to pushing the boundaries of performance and innovation. The RTX 50 Series represents a new era of computing, integrating cutting-edge AI capabilities, advanced thermal engineering, and next-gen graphics to deliver an unparalleled user experience. India is a key market for MSI and with its rapidly growing gaming and creator ecosystem, we recognize the increasing demand for high-performance computing solutions. As we introduce this powerful lineup in India, we aim to empower gamers, creators, and professionals with best-in-class technology, ensuring they have access to the tools needed to excel in an increasingly competitive digital landscape. This reflects our long-term vision to support and grow with this dynamic community of India." Titan 18 HX Dragon Edition Norse Myth This limited-edition laptop's stunning design is inspired by Norse mythology, with a 3D dragon motif created using advanced metal etching techniques on the lid and a 3D ring on the palm rest area. Each laptop is handcrafted, as skilled craftsmen manually polish the intricate designs, making every unit unique. The laptop bundles with exclusive items, including a *3D Dragon Keychain, mouse, mouse pad, and color box. Powered by the latest Intel® Core™ Ultra 9 processor 285HX and up to NVIDIA® GeForce RTX™ 5090 Laptop GPU, this desktop replacement boasts the latest PCIe Gen 5 SSD with a dedicated cooling pipe and vapor chamber cooling, along with support for Thunderbolt™ 5, all contributing to actual desktop-level performance.

      MSI's OverBoost Ultra technology further enhances the laptop's capabilities by maximizing the combined performance of the CPU and GPU. It can manage a total power of *270W from the CPU and GPU. The laptop also features a stunning 18" 4K Mini LED display with a 120Hz refresh rate, bringing users' visual experience to life. Available at a starting price of INR 6,29,990/-, this laptop is a true fusion of power, craftsmanship, and next-gen innovation, designed for those who demand the ultimate performance.

      MSI also has the non-limited (standard) version Titan 18 HX AI available for users.

      MSI Raider series Features up to the latest AMD Ryzen™ 9 9955HX3D Processor or Intel® Core™ Ultra 9 processor 285HX, NVIDIA® GeForce RTX™ 5090 Laptop GPU, and latest PCIe Gen 5 SSD, the Raider series is a true gaming powerhouse. An innovative, dedicated heat pipe is designed for the Gen 5 SSD to ensure the read speed stays at its best. The AMD Ryzen™ 9 9955HX3D Processor, featuring the latest Zen 5 architecture, utilizing the re-engineered 2nd Gen AMD 3D V-Cache™ technology for a massive gaming boost, gamers can now enjoy the ultimate gaming experience and customizable RGB light design on the MSI Raider series. Available at a starting price of INR 4,29,990/-, the Raider series is engineered for gamers who demand uncompromising performance, superior thermal efficiency, and a visually immersive experience, setting a new benchmark for high-performance gaming laptops.

      MSI Vector series The Vector series delivers exceptional performance that gamers, engineers, and creators can rely on, all wrapped in a sleek and stylish industrial design with a striking, cool cosmos gray finish. These laptops are equipped with either up to Intel® Core™ Ultra 9 processor 275HX or the AMD Ryzen™ 9 9955HX Processor, along with the NVIDIA® GeForce RTX™ 5090 Laptop GPU. The Vector series offers the performance and reliability needed for demanding AI applications and 3D design software. Available at a starting price of INR 2,99,990/-, the Vector series is designed for professionals and creators who need precision, speed, and stability, making it the ultimate tool for high-performance workflows.

      Model Key Specifications Promotion Price Titan 18 HX Dragon Edition Norse Myth A2XWJG Intel® Core™ Ultra 9 Processor 285HX/ NVIDIA® GeForce RTX™ 5090 - GPU 24GB GDDR7 / DDR5-6400 48GB*2/ 6TB Storage (2TB NVMe PCIe Gen5x4 SSD + 2TB NVMe PCIe Gen4x4 SSD*2) INR 6,29,990/- Titan 18 HX AI A2XWJG Intel® Core™ Ultra 9 Processor 285HX / NVIDIA® GeForce RTX™ 5090 - GPU 24 GB GDDR7 / DDR5-6400 32GB*2 /6TB Storage (2TB NVMe PCIe Gen5x4 SSD + 2TB NVMe PCIe Gen4x4 SSD*2) INR 5,87,990/- Raider 18 HX AI A2XWJG Intel® Core™ Ultra 9 Processor 285HX / NVIDIA® GeForce RTX™ 5090 – GPU 24 GB GDDR7 / DDR5-6400 32GB*2/ 4TB Storage (2TB NVMe PCIe Gen5x4 SSD + 2TB NVMe PCIe Gen4x4 SSD) INR 4,99,990/- Raider 18 HX AI A2XWIG Intel® Core™ Ultra 9 Processor 285HX /NVIDIA® GeForce RTX™ 5080 – GPU 16 GB GDDR7 / DDR5-6400 32GB*2 /4TB Storage (2TB NVMe PCIe Gen5x4 SSD + 2TB NVMe PCIe Gen4x4 SSD) INR 4,29,990/- Vector 16 HX AI A2XWIG Intel® Core™ Ultra 9 Processor 275HX / NVIDIA® GeForce RTX™ 5080 – GPU 16 GB GDDR7 / DDR5 16GB*2 /1TB Storage (NVMe PCIe Gen4x4 SSD) INR 2,99,990/- *Optional. Actual specifications may vary based on the configuration.

      *Support for Thunderbolt™ 5 may vary based on the configuration.

      *270W was tested under extreme performance mode by the MSI Center with AC power.

      *Pricing may vary based on selected configurations and specifications.

      For high-res images, please visit: https://drive.google.com/drive/folders/14_PpXKMm1P0gqtHWcxOAEK4slyY28Hml?usp=sharing About MSI MSI is a world leader in gaming, content creation and AIoT solutions, dedicated to fostering connections through technology. Bolstered by its cutting-edge R&D capabilities and customer-driven innovation, MSI has a wide-ranging global presence spanning over 120 countries. Its comprehensive lineup of laptops, graphics cards, monitors, motherboards, desktops, peripherals, servers, IPCs, robotic appliances, and vehicle infotainment and telematics systems are globally acclaimed. Committed to advancing user experiences through the finest product quality, intuitive user interface and design aesthetics, MSI is a leading brand that shapes the future of technology, bringing families and communities closer together. For more product information, please go to https://www.msi.com MSI Gaming: https://in.msi.com/ MSI Facebook: https://www.facebook.com/MSIGamingIndia/ https://www.facebook.com/MSIIndia MSI Instagram: https://www.instagram.com/msigaming_india/ https://www.instagram.com/msi_india/?hl=en All rights of the technical, pictures, text and other content published in this press release are reserved. Contents are subject to changes without prior notice.

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

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