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    PM Modi to inaugurate Bhogapuram Airport in Andhra on Aug 1
    HIGHLIGHTS
    Closely monitoring: India on US bill seeking up to 100 % tariffs on purchasers of Russian oil
    Delhi HC seeks ED stand on Nayan Raheja's plea against money laundering case
    Rupee appreciates 7 paise to close at 95.43 against US dollar
    PM Modi, UK PM Burnham commit to harnessing full potential of mega trade deal
    ITC Q1 profit declines 15.6 pc to Rs 4,508.79 cr; non-cigarette FMCG posts robust growth
    Punjab extends deadline of one-time scheme for settling tax dues of pre-GST period till Sept 30
    PM Modi speaks to UK counterpart Burnham
    Bank credit to industry records robust growth of 19.2 pc in June: RBI data
    Delhi protesters' fingerprints collected from stones for identification via Aadhaar: BJP minister
    Cabinet approves Rs 84,084-cr offshore exploration scheme; govt to fund up to Rs 650 cr per well
    India's forex reserves jump USD 6.12 bn to USD 682.35 bn
    Jharkhand signs pact with CSC eStore to make SHG products made by women available online
    APEDA Facilitates First-Ever Air Shipment of Karnataka's Neelam and Totapuri Mangoes to the Maldives
    Favara-UPI Cross-Border Payment Corridor Goes Live Between Maldives and India
    SC upholds NCLAT order setting aside CCI's Rs 301.6-cr penalty on Grasim Industries
    China's factory activity unexpectedly slips into contraction in July
    PM Modi to inaugurate Bhogapuram Airport on Aug 1 in Andhra Pradesh
    Rupee rises 20 paise to 95.30 against US dollar in early trade
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    July 31, 2026
    Show AI Summary
    Greenfield airport development under a public-private partnership advances licensed international passenger, cargo, logistics, and sustainable infrastructure.
    A greenfield international airport is being developed under a Public-Private Partnership and Design, Build, Finance, Operate and Transfer framework, with airport, aviation-hub, education and supporting infrastructure components. The airport has obtained an aerodrome licence and required safety, fire and environmental clearances. Passenger, airfield and terminal systems are designed for domestic and international operations. A cargo terminal with cold-chain facilities and integration with port, industrial-corridor and logistics networks are intended to strengthen exports and air-cargo logistics. Recycled-water use and LEED Platinum development standards form part of its environmental measures.
    July 31, 2026
    Show AI Summary
    Regulatory and legal developments cover trade measures, legislative action, offshore exploration support, court directions and platform algorithm scrutiny.
    The compilation reports proposed United States tariff measures concerning purchasers of Russian oil and gas, India-United Kingdom trade engagement, extension of farmer-support measures, and approval of offshore exploration support. It also covers passage of the Registration of Births and Deaths (Amendment) Bill, 2026, a privilege-motion notice, a criminal sentencing, and directions to appoint a nodal officer for families affected by the Russia-Ukraine war. Regulatory items include industrial credit data and examination of social-media algorithms, bias and public-order implications.
    July 31, 2026
    Show AI Summary
    Russian oil purchases may trigger proposed targeted tariffs, with periodic reassessment based on countries' purchasing behaviour.
    Proposed United States measures would authorise sanctions against Russia and persons supporting its war in Ukraine, while permitting targeted tariffs on imports from countries purchasing substantial volumes of Russian oil or gas or facilitating sanctions evasion. The framework identifies major purchasers and shadow-fleet facilitators for possible additional tariffs and provides for periodic reassessment and tariff adjustments based on purchasing behaviour. India stated that its energy-security policy rests on national priorities and diversified energy sources.
    July 31, 2026
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    Money-laundering proceedings face challenge over absent predicate offence, alleged lack of criminal intent, and treatment of related FIRs.
    Money-laundering proceedings linked to alleged diversion of homebuyer funds are challenged on the ground that no scheduled offence or criminal intent is attributable to the petitioner. The petitioner relies on his asserted exoneration in two predicate FIRs, where charge sheets did not name him, and settlement of the remaining FIR. Notice was issued for a response and status report, and the petitioner undertook to cooperate with the investigation.
    July 31, 2026
    Show AI Summary
    Rupee appreciation reflected foreign capital inflows and central bank support, tempered by crude prices and geopolitical tensions.
    Rupee appreciation against the US dollar was linked to sustained foreign capital inflows and Reserve Bank support through dollar selling. Higher crude oil prices, a stronger US dollar and geopolitical tensions in West Asia constrained further gains. A slightly positive near-term rupee bias was associated with softer dollar conditions, dovish US monetary expectations, favourable global markets and improved foreign inflows, while geopolitical risks remained relevant. Domestic equity indices rose, foreign-exchange reserves increased, and fiscal-deficit data showed the central government's position against its full-year target.
    July 31, 2026
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    India-UK trade agreement enables duty-free access and bilateral cooperation on investment, technology, and strategic partnership.
    The India-UK Comprehensive Economic and Trade Agreement provides zero-duty market access in the UK for nearly 99 per cent of India's exports and is intended to expand bilateral trade and investment opportunities. The governments committed to maximise its benefits through the Comprehensive Strategic Partnership, including cooperation on technology, innovation, security, clean energy, education and people-to-people links. Advanced technology collaboration, including artificial intelligence, is also contemplated.
    July 31, 2026
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    Excise duty increases on cigarettes pressured profitability, while calibrated pricing and FMCG growth supported market resilience.
    Excise duty increases on cigarettes affected consolidated profitability, prompting calibrated pricing and portfolio measures to protect market share and limit migration to illicit trade. The cigarette portfolio was re-architected across price points through value-accretive offerings and staggered pricing actions. Non-cigarette FMCG growth was supported by demand for packaged foods, dairy and personal-care products. Input-cost inflation was mitigated through inventory cover, commodity hedging and price-volume rebalancing amid crude-price volatility, supply-chain disruption and imported inflation concerns.
    July 31, 2026
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    One-Time Settlement Scheme offers final pre-GST tax dispute resolution relief before stricter recovery action against defaulters begins.
    The One-Time Settlement Scheme 2025 for pre-GST tax dues has been extended until September 30. Eligible taxpayers may resolve pending legacy tax disputes with full waiver of interest and penalties and slab-wise relief in principal tax. After the deadline, recovery action may be intensified under applicable tax laws and the Punjab Land Revenue Act, including property attachment, auction and freezing of bank accounts. The department also supports amicable settlement of tax disputes through the SAMADHAN initiative.
    July 31, 2026
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    Bilateral trade agreement implementation supports expanded trade, investment and strategic cooperation through technology, security, clean energy and community links.
    The India-UK Comprehensive Economic and Trade Agreement was identified as a framework for expanding bilateral trade and investment opportunities following its operationalisation. The two governments proposed closer cooperation to use the agreement for shared prosperity, while advancing their comprehensive strategic partnership through technology, innovation, defence, security, clean energy, education and people-to-people links.
    July 31, 2026
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    Sectoral bank credit growth reflects broad-based expansion across industry, services, agriculture and personal loans, with slower credit-card growth.
    Sectoral bank credit growth accelerated across non-food lending, agriculture, industry, services and personal loans. Industrial credit expanded across micro and small, medium and large enterprises, with strong lending to infrastructure, engineering, food processing, textiles, construction, metals, petroleum-related products and chemical products. Services lending was supported by non-banking financial companies, commercial real estate and trade. Vehicle and housing loans maintained double-digit growth, while credit-card outstanding growth decelerated.
    July 31, 2026
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    Biometric identification of protesters through alleged fingerprint-Aadhaar linkage was described alongside criminal-background profiling and database creation.
    Biometric identification of protesters through fingerprints recovered from alleged stone-pelting evidence was publicly described as a proposed investigative method. A minister stated that fingerprints allegedly found on stones would be linked with Aadhaar numbers to identify participants and examine their prior records. The account also referred to analysis and categorisation of detained protesters' criminal backgrounds, creation of a separate database, and proposed action against participants described as anti-social elements or persons with criminal records.
    July 31, 2026
    Show AI Summary
    Offshore hydrocarbon exploration support funds high-risk deepwater drilling, shared infrastructure and data acquisition to strengthen domestic energy production.
    The National Offshore Exploration Scheme provides public support for deepwater and ultra-deepwater oil and gas exploration, including seismic and offshore data acquisition, exploratory drilling in frontier basins, and common production and evacuation infrastructure. It addresses the high cost and geological uncertainty of offshore drilling and includes technology adoption, digital programme management, capacity building and collaboration measures. The scheme seeks to expand domestic hydrocarbon discoveries and production, attract investment across the exploration and production value chain, and reduce reliance on imported oil and gas.
    July 31, 2026
    Show AI Summary
    Foreign exchange reserves increased as foreign currency assets and gold holdings rose, alongside measures to attract forex inflows.
    India's foreign exchange reserves increased during the reporting week, principally because foreign currency assets and gold reserves rose. Foreign currency assets, expressed in United States dollar terms, include valuation effects from movements in currencies such as the euro, pound and yen. Special Drawing Rights and the reserve position with the International Monetary Fund declined. Measures including the FCNR(B) measure were reported as efforts to attract foreign-exchange inflows following rupee pressure and dollar-sales intervention.
    July 31, 2026
    Show AI Summary
    Digital marketplace access for women's self-help group products expands e-commerce opportunities while panchayat-level citizen services are strengthened.
    Digital marketplace access for women's self-help group products is proposed through a memorandum of understanding between CSC eStore and the Jharkhand State Livelihood Promotion Society. Products marketed under the 'Palash' and 'Adiva' brands are intended to be offered through an e-commerce network to widen market access, support rural women's income and entrepreneurship, and strengthen the rural economy. Digital panchayat services are also being expanded through Common Service Centres, including banking, e-governance and Aadhaar-related services.
    July 31, 2026
    Show AI Summary
    Agricultural export facilitation expands market access for late-season mangoes through farmer aggregation and direct global market linkages.
    Agricultural export facilitation enabled an air shipment of late-season Neelam and Totapuri mangoes to an international market, expanding market access and extending the mango export season. Direct sourcing through a Farmer Producer Company supported organised aggregation, quality produce, and export-oriented supply chains. Direct procurement and export market linkages enabled participating farmers to realise higher returns than conventional market channels while promoting horticultural export diversification.
    July 31, 2026
    Show AI Summary
    Cross-border digital payment integration enables real-time Favara transfers from Maldives mobile banking applications to UPI-enabled accounts in India.
    Cross-border digital payment integration between Favara and UPI enables individuals in the Maldives to make real-time person-to-person transfers to UPI-enabled bank accounts in India through mobile banking applications. Transfers are initiated in Maldivian Rufiyaa and credited in Indian Rupees. The initial service is available through participating Maldivian banks. Permitted remittances include family-maintenance transfers under foreign inward and outward remittance categories, and gift-related transfers under foreign outward remittance. Future phases are intended to introduce QR-based merchant payments and other digital payment services.
    July 31, 2026
    Show AI Summary
    Procedural Fair Hearing in competition inquiries requires notice when the Commission departs from investigative findings before imposing action.
    Competition law procedure requires the Competition Commission to notify and hear an opposite party when departing from the Director General's findings. The penalty order concerning alleged abuse of dominance in viscose staple fibre supply was set aside because Grasim Industries was not given an opportunity to respond to the Commission's disagreement with the investigative findings. The matter was remanded for fresh, time-bound consideration without a finding on the merits.
    July 31, 2026
    Show AI Summary
    Manufacturing contraction highlights weak domestic demand, property-sector pressure and continued reliance on technology-related exports for economic growth.
    Manufacturing activity in China contracted in July, as the official purchasing managers' index fell below the expansion threshold and new orders and production declined. Weak domestic demand, lower building activity and possible typhoon-related disruptions contributed to the slowdown. Consumer spending, investment and property-sector weakness continue to affect confidence, while technology-related exports support growth. Policy commitments include strengthening domestic consumption amid continued reliance on exports.
    July 31, 2026
    Show AI Summary
    Public-private partnership airport development strengthens aviation, cargo logistics, export infrastructure and sustainable connectivity through an integrated international airport project.
    The Bhogapuram airport project is being implemented under a Public-Private Partnership through the Design, Build, Finance, Operate and Transfer framework. It has obtained required aerodrome, safety, fire and environmental clearances and includes infrastructure for domestic and international aviation, passenger processing and airport security. Cargo and cold-chain facilities are intended to support exports and logistics integration, while recycled-water use and LEED Platinum standards form part of the project's sustainability features.
    July 31, 2026
    Show AI Summary
    Rupee appreciation against the US dollar continued as foreign inflows and lower crude prices supported domestic currency markets.
    Rupee appreciation against the US dollar continued in early trading, supported by foreign capital inflows and lower global crude oil prices. A stronger US dollar constrained further appreciation, while expectations of continued Reserve Bank of India intervention were cited as supporting the rupee. Declining Brent crude prices, gains in domestic equity indices and net foreign institutional investment in equities were also identified as relevant market factors.

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      PMLA / Black Money

      HIGHLIGHTS

      April 16, 2025

      Contents
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      New Delhi, Apr 16 (PTI) Following are the top stories at 5 pm: NATION DEL17 CONG-ED-NATIONAL HERALD

      Will not be cowed down by such threats: Cong on ED chargesheet in National Herald case New Delhi: The Congress on Wednesday claimed that the ED chargesheet against Sonia Gandhi and Rahul Gandhi in the National Herald case only shows the panic and moral bankruptcy of the government, and said it will not be cowed down by such threats.

      DEL18 ED-LD VADRA

      Land deal linked money laundering case: ED questions Robert Vadra on day 2 New Delhi: Robert Vadra, the businessman brother-in-law of Leader of Opposition in Lok Sabha Rahul Gandhi, was questioned by the Enforcement Directorate on the second straight day on Wednesday in a 2008 Haryana land deal linked money laundering case.

      DEL19 NCW-MURSHIDABAD-VIOLENCE

      Murshidabad violence: NCW forms panel to probe 'molestation' of women, chairperson to visit affected areas New Delhi: The National Commission for Women (NCW) has constituted an inquiry committee to investigate alleged molestation and displacement of women during the recent communal violence in Murshidabad district of West Bengal, an official statement said on Wednesday.

      DEL23 KHARGE-ED-NATIONAL HERALD

      Despotic govt hell-bent on targeting Congress to whitewash its own sins: Kharge New Delhi: Congress president Mallikarjun Kharge on Wednesday hit out at the government after the ED chargesheet against Sonia Gandhi and Rahul Gandhi in the National Herald case, saying the "despotic" government is hell-bent on targeting the Congress to whitewash its own "sins".

      DEL24 VADRA-ED-POLITICS

      Targeted for being part of Gandhi family, will soon join politics: Robert Vadra New Delhi: Robert Vadra, businessman and brother-in-law of Leader of Opposition in Lok Sabha Rahul Gandhi, on Wednesday claimed he is being targeted by probe agencies as he is part of the Gandhi family and that things would have been different had he been part of the BJP.

      DEL33 ED-MAHADEV-LD SEARCHES

      Mahadev app case: ED searches EaseMyTrip co-founder Pitti in fresh raids New Delhi: The Enforcement Directorate on Wednesday searched the premises of online travel booking portal EaseMyTrip's co-founder Nishant Pitti as part of fresh multi-state raids in the Mahadev online betting app linked money laundering case, officials said.

      BOM21 GJ-2ND LD RAHUL

      In battle of ideologies, only Cong can trump RSS-BJP: Rahul; kicks off party revamp in Gujarat Modasa (Gujarat): Admitting Congress cadres seem "demoralised" in Gujarat, where the party is out of power for long, Lok Sabha MP Rahul Gandhi on Wednesday said only his outfit can defeat RSS-BJP as he sought to position the fight against the saffron rivals as an ideological duel.

      BOM19 MH-LADKI BAHIN-AADITYA

      Ladki Bahin scheme 'more or less finished', claims Aaditya Thackeray Nashik: Shiv Sena (UBT) leader Aaditya Thackeray on Wednesday claimed the Maharashtra government's flagship Ladki Bahin scheme has "more or less ended" and the ruling dispensation was planning to remove lakhs of women from the beneficiary list.

      CAL20 WB-MAMATA-2ND LD VIOLENCE

      Mamata claims Murshidabad riots pre-planned, fuelled by BJP, BSF; urges PM to rein in Shah Kolkata: West Bengal Chief Minister Mamata Banerjee on Wednesday termed the recent communal violence in Murshidabad as "pre-planned" and accused a section of the BSF, central agencies under MHA, and the BJP of fanning tension by allegedly facilitating cross-border influx from Bangladesh.

      CAL23 AS-GAURAV

      Disturbing collapse of law and order in Assam, alleges Gaurav Gogoi Guwahati: Senior Congress leader Gaurav Gogoi on Wednesday alleged that Assam is witnessing a "disturbing collapse" of law and order, and has become a police state where "intimidation and miscarriage of justice have become the norm".

      MDS7 KA-CASTE CENSUS-SIDDARAMAIAH

      'Caste census': Karnataka govt will ensure no injustice happens to anyone, says Siddaramaiah Kalaburagi/Bengaluru: Amid growing opposition to the Socio-Economic and Education Survey report, popularly known as the 'caste census', from various sections of society, Karnataka Chief Minister Siddaramaiah on Wednesday assured that his government will not let any injustice happen to anyone.

      LEGAL LGD22 SC-LD URDU

      Urdu finest specimen of Ganga-Jamuni tahzeeb, we must rejoice in our diversity: SC New Delhi: Urdu is born in this land, the Supreme Court has said while describing it as the finest specimen of 'Ganga Jamuni tahzeeb' and stating that considering it a language of Muslims is a "pitiable digression" from reality and unity in diversity.

      LGD37 SC-LD CJI

      CJI Khanna recommends appointment of Justice Bhushan Ramkrishna Gavai as next CJI New Delhi: Chief Justice of India Sanjiv Khanna on Wednesday recommended to the Centre the name of Justice Bhushan Ramkrishna Gavai as the next CJI.

      LGD41 SC-LD WAQF ACT

      Waqf case: Would Muslims be part of Hindu trusts? SC asks Centre New Delhi: If Muslims would be allowed to be a part of Hindu religious trusts, the Supreme Court on Wednesday asked the Centre while hearing pleas challenging the constitutional validity of the Waqf (Amendment) Act, 2025.

      LGD46 SC-2ND LD WAQF ACT

      Properties declared waqf including 'waqf by user' won't be denotified, SC proposes New Delhi: The Supreme Court on Wednesday proposed to order that the properties declared as waqf including "waqf by user" won't be de-notified but the Centre opposed the suggestion and sought a hearing before such a directive.

      BUSINESS DCM80 BIZ-GOOGLE-ADS

      Google suspends 2.9 mn ad accounts in India, removes 247.4 mn ads New Delhi: Internet giant Google suspended 2.9 million advertisers' accounts in India and removed 247.4 million ads in 2024 for abusing its advertisement policy, the company said in a report on Wednesday.

      DCM59 AVI-DGCA-PILOT FITNESS

      DGCA may review framework for pilot fitness, other aspects New Delhi: Aviation regulator DGCA is likely to review the framework in place for pilot fitness aspects and response system at airports in case of medical emergencies, according to a senior official.

      FOREIGN FGN18 US-INDIAN-STUDENT-LAWSUIT

      Indian student, three others file lawsuit against possible deportation from US New York: An Indian was among four students at Michigan public universities who have filed a lawsuit against their possible deportation after their student immigration status was terminated "unlawfully".

      FGN21 US-CHINA-TARIFF

      China now faces up to 245% retaliatory tariff: White House Washington: China now faces tariffs up to 245 per cent on imports to the United States due to its retaliatory actions, the White House has said, as the trade war escalated between the world's two largest economies.

      FGN22 CHINA-TRADE-2NDLD NEGOTIATOR

      China appoints new international trade representative after Trump’s call to resolve tariff deadlock Beijing: China on Wednesday appointed a new top international negotiator after US President Donald Trump said the ball is in Beijing’s court to work out a deal to end the tariff deadlock even as he increased tariffs on Chinese exports to a whopping 245 per cent. By K J M Varma

      FES29 PAK-BALOCH-PROTESTS

      Pakistan: Baloch political party ends weeks-long sit-in Islamabad: An ethnic Baloch political party in Pakistan on Wednesday ended its 20-day-long sit-in in Balochistan province against the arrest of local activists, including their leader Mahrang Baloch. By Sajjad Hussain

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