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    IDFC FIRST Bank enables Direct Tax payments through UPI, cards, net banking and branches
    Sensex slumps 1,248 pts as IRDAI proposal hits financial shares; rising crude, US yields weigh
    Bajaj Finance Personal Loan Offers Rs. 40,000 to Rs. 55 Lakh with Tenures up to 108 Months
    MCA issues advisory - cautions public against high-return promises by non-compliant Nidhi Companies
    Banks likely to deploy excess liquidity over next few months amid strong credit demand: RBI Deputy Guv
    Assam Cabinet approves rules for compulsory registration of Muslim marriages
    The Indian Economy in an Ever More Volatile and Complex World - Special Address by Dr. Poonam Gupta, Deputy Governor, Reserve Bank of India at the 13t...
    Technopark software exports rise 17.3 pc to Rs 17,092 cr in FY26
    IIEST, Shibpur partners with TCS to launch state-of-the-art centre of excellence in AI
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    CCI approves acquisition of certain additional equity share capital of IIFL Capital Services Ltd by FIH Mauritius Investments Ltd.
    CCI approves acquisition of Onesto Labs Private Limited by L’Oréal India Private Limited
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September 24, 2026
Show AI Summary
Direct tax payment gateway integration enables nationwide payments through digital options, branch channels, and customers' respective internet-banking services.
IDFC FIRST Bank's payment-gateway integration for Central Board of Direct Taxes collections enables Direct Tax payments through UPI, credit cards, debit cards, Retail and Corporate Internet Banking, and branch-based cheque, demand draft, or cash payments. Customers of other banks may use their own internet-banking facilities through the gateway. Taxpayers create a challan on the Income Tax e-Filing Portal, select Payment Gateway and IDFC FIRST Bank, choose a payment mode, complete payment, and download or print the paid challan. Payment confirmations are also accessible.
September 24, 2026
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Insurance distribution controls target commissions, expenses and loan-linked sales, reshaping bancassurance arrangements and intermediary remuneration structures.
IRDAI's consultation proposals for insurance distribution contemplate lower Expenses of Management limits, tighter commission controls, and greater control over loan-linked insurance practices. The prospective framework concerns insurer and intermediary remuneration, distribution expenses, and bancassurance fee structures. Reported concerns centre on potential effects on insurer earnings, intermediary economics, and lending-linked distribution arrangements; the measures are not described as final operative obligations or enforcement action.
September 24, 2026
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Personal loan eligibility and repayment planning: loan variants and digital applications remain subject to assessment, verification, and applicable terms.
Eligible customers may seek collateral-free personal loans within stated amount, tenure and interest-rate ranges. Loan amount, interest rate and tenure determine the EMI and total interest payable, while calculator results are estimates rather than final repayment obligations. Eligibility includes nationality, age, employment and credit-score conditions, but approval, final pricing and loan amount remain subject to lender assessment, document verification and applicable terms. Online applications require personal, financial and employment details and KYC verification.
September 24, 2026
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Nidhi company deposits lack insurance protection, requiring verification of government declaration before relying on high-return promises.
Each company seeking to function as a Nidhi must file Form NDH-4 for declaration or updated Nidhi status and comply with the Companies Act, 2013 and applicable Nidhi Rules. Nidhi companies may accept deposits and grant loans only to members. Public investors should verify declared Nidhi status rather than rely on unusually high-return promises, agent representations, or informal assurances. Deposits with Nidhi companies are not insured by the Deposit Insurance and Credit Guarantee Corporation, and recovery may be difficult where a company fails or fraud occurs.
September 24, 2026
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FCNR(B) liquidity deployment remains within banks' discretion, guided by credit pipelines, asset-liability positions, and prudent underwriting standards.
Banks retain full discretion to deploy liquidity mobilised through FCNR(B) deposits, based on their credit pipeline, lending proposals, liquidity outlook and asset-liability position. No sector-specific direction applies to use of these funds. FCNR(B) deposits are fixed-term foreign-currency deposits in which principal and interest are repayable in the same foreign currency, protecting non-resident depositors from direct rupee exchange-rate risk. Continued prudent credit appraisal and underwriting standards are expected.
September 24, 2026
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Compulsory Muslim marriage registration shifts registration to registrars under a statewide procedural framework, with local officials authorised when needed.
Compulsory registration of Muslim marriages will operate under the Assam Muslim Marriage Registration (Compulsory) Rules, 2026, framed under the Assam Compulsory Registration of Muslim Marriage and Divorces Act, 2024. Registration will be undertaken by registrars, with panchayat-level officials potentially authorised where application volumes require additional capacity. The framework addresses the registration forum after kazis were barred from registering Muslim marriages.
September 24, 2026
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Macroeconomic resilience supports fiscal consolidation, financial-sector stability, and orderly foreign-exchange management through persistent global and market shocks.
Policy management emphasises clear communication, policy certainty, macroeconomic and financial-sector stability, efficient use of buffers, and sustained structural reform. Fiscal prudence is treated as necessary to avoid unsustainable stimulus and preserve long-term stability. External-sector resilience rests on services exports and remittances, while oil and gold shocks and weaker capital inflows have created temporary balance-of-payments pressure. Further improvement is linked to lower oil dependence, export diversification, trade agreements, capital inflows and orderly foreign-exchange market management.
September 24, 2026
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Software export growth strengthens IT ecosystem as campus expansion supports startup activity, infrastructure development, and skilled employment.
Software export revenue generated by Technopark reached Rs 17,092 crore in FY 2025-26, reflecting year-on-year growth of approximately 17.3 per cent. Growth is attributed to IT infrastructure, a skilled talent base, and company performance. Technopark also operates as an IT and ITeS hub and startup ecosystem centre, with ongoing campus development intended to expand its position among major IT hubs.
September 24, 2026
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Artificial intelligence centre of excellence partnership advances industry-aligned training, supervised internships, startup mentorship, and applied research collaboration.
IIEST Shibpur and Tata Consultancy Services have entered into a Memorandum of Understanding to establish an Artificial Intelligence Centre of Excellence at the Electrical Engineering Department's high-performance computing laboratory. The collaboration supports industry-aligned training, professional certifications, practical projects, supervised internships, startup mentorship, curriculum benchmarking, and applied research in natural language processing, computer vision, image processing, and advanced data analytics.
September 24, 2026
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Money-laundering searches prompt protests over alleged political misuse while operations continue at public development offices and residences.
Enforcement Directorate search and survey operations connected with a money-laundering investigation continued at development authority offices and premises linked with housing administration, a realty company, and private residences. AAP workers protested against the searches, alleging political and administrative pressure through central investigative agencies. The party further alleged that the operations could disrupt the development authority's functioning and impede Punjab government welfare schemes.
September 24, 2026
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Money-laundering investigation procedure raises allegations over FIR registration, conflict concerns, and the choice between police, vigilance, or federal inquiry.
A police inquiry, rather than a Vigilance inquiry, was directed following an Enforcement Directorate communication seeking registration of an FIR for cognizable offences. It was contended that FIR registration should be dealt with by the police and that governmental or ministerial intervention would raise concerns where a person facing allegations is involved in deciding the investigative course. A transfer to a federal investigative agency was sought on grounds of investigative independence and perceived conflict of interest.
September 24, 2026
Show AI Summary
Trade truce extension maintains tariff pauses and export-restriction rollbacks while negotiations continue on broader economic commitments.
United States-China trade relations may remain governed by the Busan Agreement through January 10 under a stated two-month extension, though Chinese official confirmation is pending. The arrangement maintains pauses on elevated tariffs and prior rollbacks of restrictions affecting critical minerals and high-technology exports. Negotiations may produce a broader economic package or further continuation of existing terms, while implementation of agreed commitments is under review. The parties have also proposed reciprocal alerts on AI-related hacking incidents involving national-security concerns.
September 24, 2026
Show AI Summary
Gold Smuggling Enforcement: Concealed foreign-origin gold recovered from vehicles and a traveller, with arrests under customs law.
Gold-smuggling enforcement involved the seizure of approximately 21 kg of foreign-origin gold in two operations and the arrest of five persons under the Customs Act, 1962. Gold bars were recovered from sophisticated vehicle-chassis cavities, while gold bars and cut pieces were recovered from a passenger's specially designed cotton waist belt. The operations concerned suspected cross-border gold movement and targeted organised smuggling networks using sophisticated concealment methods.
September 24, 2026
Show AI Summary
Cross-border gold smuggling enforcement resulted in Customs Act seizures after coordinated recovery of foreign-origin gold from border locations and a passenger.
Cross-border smuggling of foreign-origin gold through the Bangladesh route led to coordinated recoveries and seizures under the Customs Act, 1962. Gold recovered near the India-Bangladesh border was taken over for customs proceedings, including a seizure under Section 110. Foreign-origin gold concealed by a train passenger was also recovered and seized, with investigation indicating its smuggling from Bangladesh.
September 24, 2026
Show AI Summary
BRICS tax cooperation creates standing platforms for international taxation, revenue statistics, professional capacity building and peer learning.
India-led BRICS tax cooperation established standing Working Groups on International Taxation and Transfer Pricing and Revenue Statistics, providing institutional platforms extending beyond individual Chairships. It also institutionalised an annual Young Tax Professionals Capacity Building Programme, launched the BRICS Tax Cross-Learning Lab for peer learning on client-centric administration and human-resources practices, and approved the Terms of Reference for the BRICS Tax Support Network.
September 24, 2026
Show AI Summary
Wildlife trafficking enforcement applies protected-species safeguards to seized Tokay Geckos and enables further statutory action against suspected illegal trade.
Wildlife-trafficking enforcement led to interception of two persons and seizure of 86 live Tokay Geckos under the Wildlife (Protection) Act, 1972. Tokay Geckos receive Schedule I protection under that legislation and are listed in Appendix II of CITES, regulating international trade. The persons and recovered geckos were transferred to the Mariani Range Forest Office for further action.
September 24, 2026
Show AI Summary
Restricted firecracker imports concealed through misdeclaration trigger seizure and criminal investigation under customs enforcement law.
Concealment of restricted firecrackers within an import container declared as bottles and wallpaper resulted in customs seizure under the Customs Act, 1962. Firecracker imports are restricted under the Foreign Trade Policy and require valid Directorate General of Foreign Trade authorisation and a Petroleum and Explosives Safety Organisation licence under the Explosives Rules, 2008. Investigation into attempted clandestine clearance led to the arrest under the Customs Act of a key syndicate member alleged to have orchestrated the import.
September 24, 2026
Show AI Summary
Merger-control approval permits FIHM's phased acquisition of IIFL Capital Services equity through subscription, open offer and promoter purchase.
Merger-control approval permits FIHM to acquire certain additional equity share capital of IIFL Capital Services through a preferential issue on a private-placement basis and through shares tendered in a mandatory open offer. FIHM may also buy shares from the target's promoters if its aggregate shareholding with HWIC remains below the Target Shareholding after these steps.
September 24, 2026
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Full ownership acquisition in beauty and personal care receives competition approval for skin care and hair care operations.
Competition approval covers L'Ore al India Private Limited's acquisition of the entire shareholding in Onesto Labs Private Limited. The proposed combination concerns India's beauty and personal care sector and places the Target under the Acquirer's full ownership. Both entities operate in beauty and personal care products, including skin care and hair care.
September 23, 2026
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Advance disbursement of central government pay addresses anticipated banking disruption, with subsequent adjustment against the following month's entitlements.
Advance disbursement of September 2026 salary, wages and pensions is authorised on 25 September for central government employees, industrial employees and pensioners because of the proposed bank strike. Payments constitute advance payments and must be adjusted after full monthly entitlements are determined, with any adjustment made from October salary or wages. End-of-month banking transactions should, where feasible, be processed in advance.

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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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