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    11th Meeting of National Traders’ Welfare Board Convened in New Delhi
    DRI seizes 9.40 kg foreign-origin gold worth around Rs. 15 crore at Mumbai airport; three arrested
    DRI seizes over 125,000 kg foreign-origin smuggled areca nuts and 41,000 kg poppy seeds worth around Rs. 20.31 crore in Assam and Mizoram in a crackdo...
    Envision Energy Secures TÜV SÜD Certificate for Wind Farm Control System, Strengthening Long-Term Resilience for Future Energy Systems
    India's forex reserves fall USD 14.89 bn to USD 766 bn: RBI data
    No commitment given to bank unions on 5-day work week by Finance Ministry, say sources
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    Draft Warehousing Operations Regulations, 2026 - uploading on the CBIC website for inviting comments/views/suggestions from stakeholders
    From Digital Banking to Resilient Banking – Technology, Cyber Security and AI as Pillars of Trust - Address by Shri Rohit Jain, Deputy Governor at t...
    Union Minister of Commerce and Industry Shri Piyush Goyal Highlights India’s Expanding Global Economic Engagement and Growing Integration with Globa...
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    K'taka Deputy CM Parameshwara rejects Opposition's allegation of 'bankruptcy'
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September 25, 2026
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Trader welfare policy discussions covered GST reform, digital commerce, finance access, export promotion, and coordinated institutional support.
Deliberations covered GST rationalisation, refund delays, audit duration, amnesty schemes, input tax credit anomalies and pending appeals, alongside proposed inclusion of traders in MSME facilitation committees, a centralised loan portal with a 30-day timeline, CIBIL score reforms and grievance helplines. Trader welfare measures considered timely contractor payments, safeguards against technical penalties, loan-repayment flexibility during lean periods and stronger Centre-State coordination.
September 25, 2026
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Gold smuggling through powdered gold concealed in food products led to seizure and arrests under customs law.
Intelligence-led interception and baggage examination identified foreign-origin gold converted into fine powder and mixed with packaged food products of similar colour, texture and consistency. Segregation and assaying yielded 9.40 kg foreign-origin gold, which was seized under the Customs Act, 1962. Questioning linked the passengers to the same organised gold-smuggling syndicate, and they were arrested under that Act.
September 25, 2026
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Customs seizure of suspected smuggled areca nuts and restricted poppy seeds followed intelligence-led cross-border enforcement operations.
Intelligence-led customs enforcement in Mizoram and Assam resulted in seizure, under the Customs Act, 1962, of suspected foreign-origin areca nuts and poppy seeds believed on preliminary inquiry to have been smuggled from Myanmar. Searches of locked, unattended godowns near the Indo-Myanmar border recovered the commodities, while interception of two trucks carrying poppy seeds without valid import documents led to seizure of the consignments and vehicles. Four persons connected with transportation of the poppy seeds were arrested.
September 25, 2026
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Industrial control system cybersecurity certification validates system-level protection across wind farm controls, networks, and lifecycle security services.
IEC 62443-3-3 Security Level 2 certification applies to a wind farm control system covering SCADA, PPC, PLC and industrial network devices. It assesses system-level security requirements, including the interaction of components, networks and security mechanisms within an overall industrial control environment. The cybersecurity framework also spans secure development, certified core control components, system-level protection, and security integration and maintenance services across the lifecycle of wind energy technologies.
September 25, 2026
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Foreign exchange reserve composition reflects a weekly decline driven by foreign currency assets despite a modest gold increase.
India's foreign exchange reserves declined by USD 14.881 billion to USD 765.901 billion for the week ended 18 September 2026. The contraction was principally driven by a reduction in foreign currency assets, which also reflect valuation effects from movements in non-US reserve currencies. Gold reserves increased, while Special Drawing Rights decreased and the reserve position with the International Monetary Fund remained reported separately.
September 25, 2026
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Five-day banking proposal remains under consideration amid strike plans and measures for uninterrupted banking and advance disbursements.
Five-day banking remains under governmental consideration, with no Finance Ministry commitment to implementation. Unions linked the proposal to the 12th Bipartite Settlement/9th Joint Note, which contemplated extended Monday-to-Friday working hours. Family pension revision and a pension option for resignees were identified as addressed, while withdrawal of the Performance Linked Incentive scheme remains in abeyance. Public sector banks were instructed to remain open on the preceding Sunday, and central government salaries, wages and pensions were directed to be disbursed in advance.
September 25, 2026
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Alternative fuel transition promotes ethanol, electric and hydrogen mobility to reduce imports, pollution, and strengthen farm income.
Alternative-fuel and public-transport measures seek to reduce dependence on imported petroleum, curb air pollution, and support farmer income and employment. Ethanol is positioned as a farm-income source through increased demand and returns for maize growers, alongside electricity, hydrogen and waste-derived CNG. Development and introduction of flex-fuel vehicles, using engines capable of operating on ethanol, electric tractors, hydrogen-powered vehicles and hydrogen buses form part of a cleaner-mobility strategy.
September 25, 2026
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Foreign-exchange market intervention expectations supported rupee appreciation amid improved risk sentiment, while importer demand and crude prices constrained gains.
Foreign-exchange market conditions supported a 19-paise appreciation of the rupee to 95.80 against the US dollar, aided by improved global risk sentiment and expectations of Reserve Bank intervention. Dollar demand from importers, high crude prices and US dollar strength constrained gains. Lower crude prices and dollar weakness could support the rupee, while geopolitical escalation may create pressure. Market participants expected intervention if the currency weakened toward 96.
September 25, 2026
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Credit health assessment combines score, repayment history, utilisation, accounts and enquiries to support informed borrowing and profile monitoring.
Credit health is broader than a numerical credit score and encompasses the way credit has been managed over time. Credit analysis requires a combined review of the score, repayment history, credit accounts, credit utilisation, credit history and credit enquiries. A credit report may identify management of EMIs and credit-card dues, existing borrowing obligations, use of revolving credit relative to available limits, and recent lender checks associated with credit applications. Incorrect or unfamiliar entries may be reviewed and, where necessary, raised with the relevant lender or credit bureau.
September 25, 2026
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Fuel-price mitigation measures use tax reductions, targeted subsidies and energy-security policies to ease pressure on households and energy-intensive industries.
European fuel-price intervention combines targeted subsidies, fuel-tax reductions, temporary regulatory flexibilities and energy-security investment to moderate the economic effects of sharply higher gasoline and diesel prices caused by disrupted supplies. Member States have temporary discretion to grant state aid to households and energy-intensive sectors, including agriculture, transport and fishing, and limited flexibility under EU spending rules for investments that improve energy security and reduce dependence on imported fossil fuels.
September 25, 2026
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AI management certification anchors responsible lifecycle governance, transparency, accountability, security, and human oversight for agentic loyalty systems.
ISO/IEC 42001:2023 certification applies to an Artificial Intelligence Management System governing AI development, deployment, oversight and continual improvement within the GRAVTY platform. The framework supports AI-related risk management, responsible governance, transparency, accountability, security and human oversight throughout the AI lifecycle. Its scope includes supervised and unsupervised learning models and large language models supporting personalised engagement, fraud management, loyalty intelligence, autonomous decision-making, operational automation and workflow support.
September 25, 2026
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Digital warehousing controls propose electronic tracking, secure transport, monthly returns, and risk-based compliance verification for warehoused goods.
Draft Warehousing Operations Regulations, 2026 would require public and private warehouse licensees to use the electronic portal and a digital warehouse management system for receipt, storage, transfers, removals and accounting of warehoused goods. Transport would generally require a one-time-lock and transit-risk insurance, subject to specified exemptions. Licensees would verify locks and goods, report discrepancies, maintain auditable electronic records, submit monthly returns, and permit removals for home consumption or export only upon electronic clearance orders. Non-confirmation, discrepancies and contraventions would trigger information demands, risk-based verification and action under the Customs Act.
September 25, 2026
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Technology risk governance requires banks to retain accountability, test resilience, and govern artificial intelligence before scaling financial services.
Technology risk governance must treat technology architecture as a first-order enterprise risk, alongside conventional financial risks, because the availability and integrity of core banking, payments, onboarding, credit, fraud-monitoring and reporting systems determine whether customers can access essential financial services. Banks may outsource technology functions but retain accountability for access controls, concentration, recoverability, data protection and exit options. Effective resilience requires secure architecture, asset visibility, timely remediation of vulnerabilities and legacy systems, identity and access management, effective controls, third-party oversight, post-incident learning, and regular recovery testing.
September 25, 2026
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Global value chain integration advances trade partnerships, semiconductor capacity, and deep-tech innovation within broader economic engagement.
India's global economic engagement prioritises trade and economic partnerships to strengthen participation in global value chains and supply chains, facilitating cross-border movement of goods and services. The approach is linked to projected semiconductor demand and development of artificial-intelligence capabilities, alongside innovation, deep-tech startup support and private-sector space activity. The startup ecosystem is described as having expanded substantially, with current policy emphasis on deep-tech innovation and participation in global markets.
September 25, 2026
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Trade agreement review targets balanced, user-friendly, trade-facilitative rules to address asymmetries and strengthen regional commerce.
The ongoing review of the ASEAN-India Trade in Goods Agreement seeks to enhance trade flows, address trade asymmetries, and deliver a balanced, effective, user-friendly, and trade-facilitative arrangement for businesses. It forms part of India's commitment to mutually beneficial trade partnerships and regional trade arrangements.
September 24, 2026
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Portfolio management reforms broaden permitted investments, establish independent fund managers, and retain registered managers' responsibility for client portfolios.
Portfolio-management reforms replace the 2020 framework and expand investments into IPOs, primary-market debt, listed overseas equity and debt, and direct plans of Indian mutual fund schemes. Investment-grade unlisted non-convertible debt may comprise up to 10 per cent of client assets under management with client consent. Independent Fund Managers may operate with registered portfolio managers, which retain responsibility and liability. Accredited-investor eligibility is broadened, while specified compliance requirements are relaxed where adequate audit trails and internal controls exist.
September 24, 2026
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Merchant discount rate on UPI merchant payments may be treated as a taxable payment settlement service with input credit availability.
GST treatment of MDR charged on UPI merchant payments above Rs 2,000 is to be considered by the GST Council. The MDR framework imposes a merchant-borne charge for payment processing and settlement. As these activities are services, MDR may attract GST at 18 per cent, subject to the Council's view. Merchants paying GST on MDR may claim input tax credit, potentially reducing their net tax burden.
September 24, 2026
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Fiscal responsibility limits frame cautions on new projects as budgetary discipline rather than financial crisis.
Finance-department advice treats fiscal indicators as grounds for restraint in approving additional expenditure rather than as evidence that funds are unavailable. Funding new projects may be difficult until additional resources are mobilised or allocations already approved are reallocated. Project proposals lacking budgetary provision or earmarked funding may create cash-flow pressures and fiscal-management challenges, requiring deferment until resources are finalised.
September 24, 2026
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Corporate document forgery allegations trigger investigation into unauthorised insolvency consortium participation and disputed share transfers.
An FIR concerns alleged cheating, forgery, criminal conspiracy, corporate-document misuse, and unauthorised financial liabilities arising from participation in a corporate insolvency resolution process. Allegations include entering a consortium arrangement without the Parekh Group's knowledge or authorisation, reliance on a fabricated and unapproved board resolution, and unauthorised transfer of shares to a group-controlled entity. Investigation covers disputed-record authenticity, alleged digital-signature misuse, and financial transaction trails.
September 24, 2026
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Energy security shapes continued Russian crude sourcing as alternative suppliers replace shortfalls amid potential sanctions-related restrictions.
Russian crude imports are operating near 1.8 million barrels daily in September, with refinery maintenance, stronger Chinese buying, and disruptions to Russian export infrastructure constraining availability. Middle Eastern supply, especially from Iraq and Saudi Arabia, has offset reduced Russian volumes. Potential tougher restrictions on countries purchasing Russian oil could complicate procurement, but energy security and tight physical oil markets make a significant near-term reduction in Russian crude purchases unlikely. Replacement remains technically possible but may raise procurement costs and competition for medium-grade crude.

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April 17, 2025

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New Delhi, Apr 17 (PTI) Following are the top stories at 5 pm: NATION DEL39 MEA-CHOKSI-BELGIUM

Working closely with Belgium on Mehul Choksi's extradition: MEA New Delhi: India on Thursday said it is working closely with Belgium for extradition of fugitive diamantaire Mehul Choksi.

DEL42 VP-JUDGES-LD ACCOUNTABILITY

Why no FIR in burnt cash discovery at judge's house case, questions Dhankhar New Delhi: Vice President Jagdeep Dhankhar on Thursday questioned the lack of an FIR in the discovery of wads of burnt cash case from the residence of a high court judge, wondering whether a "category beyond law" has secured immunity from prosecution.

DEL30 DEF-RAJNATH

India has set target of Rs 3 lakh cr in defence production by 2029: Rajnath New Delhi: The value of India's defence production this year is expected to cross Rs 1.60 lakh crore and the target is to manufacture military hardware worth Rs 3 lakh crore by 2029, Defence Minister Rajnath Singh said on Thursday.

DEL21 KHARGE-MGNREGA

'Anti-poor' Modi govt bent on 'oppressing' MGNREGA workers: Kharge New Delhi: Congress president Mallikarjun Kharge on Thursday alleged that the "anti-poor" Modi government is bent on "oppressing" MGNREGA workers and reiterated the party's demands that their minimum wage per day be fixed at Rs 400 and that they be provided at least 150 days of work in a year.

DEL22 BJP-ED-GANDHIS

Modi govt will put corrupt behind bars: BJP on ED chargesheet against Gandhis New Delhi: The BJP on Thursday kept up the heat on the Gandhi family on the issue of corruption and asserted that those who indulged in corruption and usurped farmers' land will be put behind bars under the "honest government" of Prime Minister Narendra Modi.

DEL26 CONG-MEETING

Herald case: Congress calls meeting of general secretaries, in-charges to plan protests New Delhi: The Congress has called a meeting of all its general secretaries, in-charges and heads of frontal organisations on Saturday to decide the way forward for staging protests against the alleged targeting of party leaders Sonia Gandhi and Rahul Gandhi in the National Herald case.

CAL30 WB-GUV-MURSHIDABAD VICTIMS

Victims of violence-hit Murshidabad district meet Bengal Guv, seek permanent BSF camp in area Kolkata: West Bengal BJP president Sukanta Majumdar on Thursday took a group of people, rendered homeless due to the recent riots in Murshidabad, to the Raj Bhawan, where they narrated their ordeal to Governor C V Ananda Bose.

CAL24 WB-MAMATA-GUV-MURSHIDABAD

Mamata urges Guv to defer visit to riot-hit Murshidabad amid efforts to restore normalcy Kolkata: West Bengal Chief Minister Mamata Banerjee on Wednesday urged Governor C V Ananda Bose to defer his proposed visit to violence-hit Murshidabad district, stating that the situation was gradually returning to normal and confidence-building measures were underway.

CAL23 WB-MAMATA-TEACHERS

'Sense of relief': Mamata welcomes SC order extending services of untainted terminated teachers Kolkata: West Bengal Chief Minister Mamata Banerjee on Thursday welcomed the Supreme Court's order extending the services of untainted teachers whose appointments were earlier terminated, stating that there was now a "sense of relief".

CAL22 OD-TURTLE

Tagged in Odisha, Olive Ridley Turtle swims 3,600 km in 4 years, reaches Maharashtra beach Kendrapara: Tagged at Gahirmatha Marine Sanctuary on Odisha coast around four years ago, an Olive Ridley Turtle swam around 3,600 km through the Bay of Bengal before being spotted at a Maharashtra beach, a senior Zoological Survey of India (ZSI) scientist said.

MDS4 TN-AIADMK-COALITION GOVT (R)

No place for coalition govt in TN, says AIADMK leader Chennai: There was no place for a coalition government in Tamil Nadu and AIADMK chief Edappadi K Palaniswami will form a government "alone" in the state after the 2026 Assembly polls should the NDA win, senior party leader M Thambidurai said on Thursday.

LEGAL LGD30 SC-LD WAQF ACT

Waqf case: Centre says won't denotify properties, SC grants it 7 days to reply to pleas New Delhi: The Supreme Court on Thursday recorded the Centre's assurance that neither waqf properties, including "waqf by user", will be denotified nor appointments will be made to the central waqf council and boards till May 5.

BOM21 MH-HC-FADNAVIS-SUMMONS

HC issues summons to CM Fadnavis in petition challenging his 2024 assembly poll win Nagpur: The Nagpur bench of Bombay High Court on Thursday issued summons (notice) to Maharashtra Chief Minister Devendra Fadnavis in a poll petition challenging his 2024 win from the Nagpur South West assembly seat.

CAL12 WB-HC-MURSHIDABAD

Situation under control in violence-hit Murshidabad: Bengal govt to Cal HC Kolkata: The West Bengal government on Thursday submitted a report before the Calcutta High Court and claimed that the law and order situation in violence-hit Murshidabad district was under control.

BUSINESS DEL44 BIZ-SITHARAMAN-BSE

India to navigate global disruptions with policy agility, long-term investments: Sitharaman Mumbai: Finance Minister Nirmala Sitharaman on Thursday said the rise of protectionist policies has the potential to disrupt global supply chains but India will navigate the global disruptions with policy agility and long-term investments.

FOREIGN FGN33 US-TRUMP-LD HARVARD

Submit disciplinary records or lose eligibility to enrol foreign students: Trump admin warns Harvard New York: The Donald Trump administration has threatened to revoke Harvard University’s eligibility to enrol international students if it doesn’t submit detailed records of its foreign student’s “illegal and violent activities”. By Yoshita Singh

FGN25 RUSSIA-HAMAS-HOSTAGES

Putin thanks Hamas for release of Russian hostages Moscow: President Vladimir Putin has thanked Palestinian group Hamas for releasing three Russian hostages captivated during the October 2023 attack on Israel. By Vinay Shukla

FGN26 BANGLA-PAK-TALKS

Bangladesh, Pakistan hold Foreign Office Consultation after 15 years Dhaka: Bangladesh and Pakistan on Thursday held a foreign secretary-level Foreign Office Consultation here after a gap of nearly 15 years and discussed the entire range of bilateral issues focusing on trade ties.

FES27 UK-GOLCONDA-DIAMOND

Rare ‘Golconda Blue’ diamond with royal connections to be auctioned in Geneva London: rare ‘Golconda Blue’ diamond with its rich royal history tracing back to the Holkar dynasty is set for a “once in a lifetime” grand appearance on the auction circuit as it goes under the hammer in Christie’s ‘Magnificent Jewels’ sale in Geneva next month. By Aditi Khanna

FGN31 UK-INDIA-DEFENCE

India-UK Defence Consultative Group reviews ties, agree to enhance collaboration London: A review of defence ties, with a particular focus on enhancing defence industry collaboration and boosting the 'Make in India' initiative, were on the agenda of the 24th India-UK Defence Consultative Group discussions here this week. By Aditi Khanna

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