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    Bihar: Doctor held in connection with paper leak in PSC teachers' recruitment exam 2 years ago
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    July 28, 2026
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    Examination-paper leakage allegations prompt arrest over arranging teacher recruitment candidates' access to leaked questions before the competitive examination.
    Alleged examination-paper leakage in the Public Service Commission teacher recruitment examination is under investigation by the state Economic Offences Unit. A doctor was arrested in connection with allegations that he participated in a conspiracy to leak the examination paper and arrange candidates' selection for payment. Investigators alleged that he arranged candidates who were taken to a hotel shortly before the examination and given access to the leaked question paper.
    July 28, 2026
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    Fee-only investment advisory integrates household goals, insurance and mutual fund execution through personalised, incentive-independent financial planning.
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    July 27, 2026
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    Solar wafer and ingot manufacturing expansion in Odisha advances subject to environmental, water and other regulatory approvals.
    A solar wafer and ingot plant is proposed on acquired special economic zone land in Odisha, subject to arrangements for environmental clearances, water and other approvals. Work is expected to commence in October, with operations targeted for January 2028. The facility is intended to support solar manufacturing capacity and may address export opportunities arising from European renewable-energy market access for non-Chinese supply chains.
    July 27, 2026
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    Homebuyer enforcement measures require developer compliance with deposit, project completion, and disclosure of pending cases.
    Homebuyer enforcement proceedings required the developer and its directors to disclose the status of pending purchaser cases and complete outstanding work in the booked dwelling unit by the specified deadline. Earlier directions required deposit of the recoverable amount with annual interest and warned of coercive consequences for non-compliance. Protective measures included freezing bank accounts, issuing bailable warrants, and preventing creation of third-party rights or transfer of possession. Insolvency proceedings were stated not to impede enforcement of directions concerning the homebuyers' claims.
    July 27, 2026
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    RBI direction compliance prompted internal disciplinary action over deposit mobilisation and marketing-expenditure payments, with the matter referred to RBI.
    HDFC Bank's board addressed potential divergence from applicable RBI Directions concerning deposits mobilised from the Maharashtra State Road Development Corporation and related marketing-expenditure payments. Based on recommendations of a Special Disciplinary Committee of Independent Directors, it treated the conduct as business overreach rather than mala fide conduct, personal enrichment, or improper motive. Monetary penalties and warning letters were issued to relevant employees, and the board directed communication of the matter to the Reserve Bank of India.
    July 27, 2026
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    Precious-metal market pricing rebounds as easing inflation concerns, global bullion strength and lower yields support gold and silver.
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    July 27, 2026
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    Consumer financing eligibility supports instalment purchases of washing machines through partner stores, requiring in-person application and approval.
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    July 27, 2026
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    MBA campus placements across industry-linked management programmes report recruitment activity spanning finance, analytics, technology, supply chain, healthcare and marketing roles.
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    Healthcare portfolio management services disclose equity strategy performance, benchmark methodology, fee treatment and the absence of regulatory performance verification.
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    July 27, 2026
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    UPI-enabled flexi benefits wallets support employee-selected tax-efficient allowances with category controls, compliance monitoring and employer reporting.
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    July 27, 2026
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    Section 301 forced-labour measures place Indian imports in a lower tariff tier while preserving specified product exclusions.
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    July 27, 2026
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    FCV tobacco market stability remains under review through coordinated measures to protect growers and maintain transparent auction operations.
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    July 27, 2026
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    Corporate Mitra Scheme supports MSMEs through accredited professionals delivering affordable compliance, financial, taxation, accounting and governance assistance.
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    July 26, 2026
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    Tax administration must deliver timely lawful service, protect public assets, and uphold integrity in tax collection.
    Tax administration should assist common citizens by handling matters within departmental authority without unnecessary delay, while remaining within applicable rules. Government departments should protect public land from illegal occupation and expedite lawful land transfers, permissions, construction arrangements and procurement for departmental premises and accommodation. Integrity is the essential principle for officials performing tax-collection functions.
    July 26, 2026
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    Investment fraud and forged residence certificates prompted chargesheets over alleged misappropriation, fabricated revenue records, land purchases and employment access.
    Criminal chargesheets concerned alleged investment fraud through false promises of high returns and alleged misappropriation of investor funds, involving a company stated to be unregistered with SEBI, RBI and the relevant Registrar of Companies. A separate chargesheet concerned alleged conspiracy to procure permanent resident certificates using forged revenue records, with the certificates allegedly used for land purchases and government employment. Forensic examination reportedly found that the relevant revenue documents were not genuine according to official records.
    July 25, 2026
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    Money-laundering allegations in online rummy gaming prompt prosecution proceedings and asset attachment over suspected cheating of users.
    Money-laundering proceedings concerning online real-money rummy operations include a prosecution complaint against Gameskraft Technologies, RummyTime Technologies, founder-directors and associated persons. The allegations concern proceeds of crime said to arise from cheating users through rummy applications and from an addictive environment encouraging repeated wagering. The proceedings also involve provisional attachment, seizure and freezing of financial holdings, equity interests and immovable properties alleged to be connected with suspected proceeds of crime. The founder-directors' arrests were declared invalid by the Karnataka High Court, while the investigating agency proposes to challenge that order.
    July 25, 2026
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    Banking financial performance reflected loan and deposit growth, improved asset quality, stronger margins and prudent contingency provisioning.
    Quarterly financial performance reflected growth in customer business, loans and deposits, expansion in lending portfolios, an improved CASA ratio and lower cost of funds. Asset quality improved through reductions in gross and net non-performing assets, while profitability indicators improved in relation to net interest margin, cost efficiency, provisions, net profit and return on assets. The bank received credit-guarantee claims for its microfinance portfolio and created a contingency provision for macroeconomic and geopolitical uncertainty. Capital adequacy and common equity tier-one ratios were also reported.
    July 25, 2026
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    Forced-labour import tariffs place Indian goods under an additional duty while exemptions preserve access for specified exports.
    A 10 per cent Section 301 additional import duty applies to specified Indian goods over and above ordinary most-favoured-nation duty, following a forced-labour-related investigation. Generic pharmaceuticals, smartphones, other specified products, and goods already subject to Section 232 sectoral duties remain outside the additional levy. The textile-specific mechanism has not yet been operationalised for India, while tariff-rate quota concessions using US-origin cotton and fibre were announced for certain other economies. India continues engagement on a bilateral trade agreement and tariff access for garments using American inputs.
    July 25, 2026
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    Copper Clad Laminate expansion advances through policy and rights-issue approvals, supporting domestic electronics manufacturing and strategic growth initiatives.
    The company reported progress on a proposed Copper Clad Laminate manufacturing project, including in-principle approval under the Gujarat Electronics Policy and substantial project completion. The facility is intended to support domestic electronics manufacturing and reduce import dependence. It also reported upgraded credit ratings, enhanced rated bank facilities, and stock-exchange in-principle approvals for a proposed rights issue supporting expansion and strategic growth initiatives.

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      Erdogan was emboldened to jail Istanbul mayor by global turmoil: Analysts

      March 24, 2025

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      Istanbul, Mar 24 (AP) The imprisonment of Istanbul's opposition mayor has come at a time when Turkiye finds itself at the centre of geopolitical turmoil that observers say has freed President Recep Tayyip Erdogan to target his most dangerous opponent.

      Ekrem Imamoglu was detained in a dawn raid on his official residence last week. On Sunday, a court ordered him to be jailed pending trial for graft offenses including bid-rigging and accepting bribes. He also faces terror-related charges.

      As mayor of the economic and cultural capital of Turkiye with a population of 16 million, Imamoglu is probably Turkey's second-highest profile politician after Erdogan.

      However, analysts say a convergence of international factors gave Erdogan the opportunity to try to neutralise the main threat to him in elections due to be held in 2028, but which could come sooner.

      “There are a really special confluence of factors that made this seemingly easy for him to pull off in terms of not suffering international condemnation or punishment for it,” said Monica Marks, professor of Middle East studies at New York University Abu Dhabi.

      The arrest of Imamoglu over corruption and terrorism allegations came as a bombshell last Wednesday, despite recent legal cases against district mayors from his Republican People's Party, or CHP.

      Since 2016, when Erdogan faced an attempted coup, Turkiye's courts have widened their crackdown on opposition parties, using charges such as graft or ties to Kurdish militants to discredit his rivals.

      The government, however, says the courts are fully independent and denies claims that legal actions against opposition figures are politically motivated.

      Turkiye's strategic assets The European Union, which usually offers criticism of Turkiye's democratic slide, currently finds itself in a weaker position vis-a-vis Turkey due to “American abandonment” of European defence, Russian aggression, and its “own internal demons” from EU-sceptic forces using migration as a tool to gain relevance, according to Marks.

      Ankara is in a position to offer succor in all these areas. Militarily, Turkiye has NATO's second largest army in addition to a well-developed defense industry capable of supplying high-tech weaponry such as aerial drones.

      During the course of the war in Ukraine, Turkiye has maintained close ties with both Moscow and Kyiv and has repeatedly offered to act as a mediator in peace talks.

      Turkiye is also emboldened by the collapse of the Assad government in neighbouring Syria at the hands of rebels it supported over the course of the war. These rebels now make up the new government.

      On migration to Europe, Ankara has acted as a barrier since it signed a 2016 deal in which it agreed to prevent migrants crossing its borders and seas to reach the EU.

      All these strands increase Turkiye's geopolitical importance to Europe.

      Turkiye's internal politics drove the timing of arrest President Donald Trump's isolationist outlook has also strengthened Erdogan's hand, said Marks, while the “normalisation of populist authoritarianism makes what Erdogan is doing less shocking, less concerning for Western democracies”.

      While international elements offered Erdogan the opportunity to act against Imamoglu, the timing was due to domestic factors.

      Berk Esen, a political scientist at Istanbul's Sabanci University, said the CHP's decision to confirm Imamoglu as its presidential candidate for 2028 was key to his arrest.

      “Erdogan was hopeful that he could slow down, if not completely hinder, Imamoglu's candidacy prospects,” Esen said. “But when the CHP decided to hold (presidential) primaries, it became clear that Imamoglu would come out as the candidate for the CHP so Erdogan wanted to move against him right away.” Those primaries — in which Imamoglu was the only candidate — were held Sunday, confirming the imprisoned Imamoglu as Erdogan's challenger.

      The Kurdish factor Another domestic factor in Erdogan's favour was the tentative peace process begun with the Kurdistan Workers' Party, or PKK, which has waged a 40-year insurgency against the Turkish state and is considered a terrorist organization by Turkey and its Western allies.

      Many observers have suggested the process is, at least in part, a bid to co-opt Turkiye's pro-Kurdish party into supporting Erdogan's bid for another presidential term.

      Similarly, it could serve to split the Kurds from the CHP, presenting Erdogan with a divided opposition, Esen said.

      Imamoglu has emerged as the main challenger to Erdogan's 22-year rule since he was elected mayor of Istanbul in 2019, overturning a quarter-century of rule by parties from Turkiye's conservative Islamist tradition.

      According to Esen, he is the “perfect” candidate to take on Erdogan – relatively young at 53, from a conservative Sunni background but with a “modern” wife, and hailing from the Black Sea business world that offers nationwide informal connections.

      He has outperformed Erdogan in recent polls and represents what Marks called the “last bastion” of Turkish opposition.

      In recent years he has been the target of several criminal cases that could result in prison sentences and a political ban. Last week, a university nullified his diploma, a decision that effectively bars him from running for president.

      All of which would make it seem unnecessary to arrest and jail him, risking the public backlash currently being played out in the streets of Turkiye.

      Selim Koru, a political analyst at the Economic Policy Research Foundation of Turkiye, said the earlier cases would merely make Imamoglu seem a “perfectly fine politician who was unfairly disqualified”.

      Writing in his Kulturkampf Substack, Koru added: “They had to make him into a villain to give their claims force … The strategic rationale is evident at once. The presidential elections are scheduled for 2028, so the regime wanted to get rid of Imamoglu before then, knock down the CHP while you're at it, then take a couple of years for things to calm down.” And as to the significance putting Imamoglu behind bars, Marks said it represents the “last stop on Turkiye's political train before it hits full dictatorship station". (AP) PY PY

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