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    Bajaj Finance Personal Loan: Understand Your Interest Rate and Repayment Options
    Rupee rises 15 paise to 95.32 against the US dollar in early trade
    DPIIT Amends Footwear Quality Control Orders to Enhance Ease of Doing Business and Strengthen Domestic Manufacturing
    Court orders cancellation of sale deed in Mundhwa land transaction
    ED uses AI-aided tools, modern forensic tech to help fraud victims, speed up probes
    Rupee rises 1 paisa to settle at 95.47 against US dollar
    TCS Q1 profit up 4.61 pc, sees West Asia-hit demand come back in 2nd quarter
    Tripura emerging as India's gateway to Southeast Asia: Scindia
    Indian embassy pitches deeper economic engagement with Chinese businesses
    Bangladesh orders reduced govt spending amid economic vulnerability
    TCS Q1 net profit rises 4.61 pc, bags new deals worth USD 9.5 bn
    Quality Council of India and National Small Industries Corporation Sign MoU to Strengthen Quality, Competitiveness and Market Access for MSMEs
    Insurance Division, DFS Secures 2nd Rank in Group A Category Grievance Redressal Assessment & Index (GRAI) for May 2026
    Merger of banks does not shield tenant from eviction under Delhi Rent Control Act: SC
    Gurugram realty fraud: Delhi court says ED summons to foreign-based son of accused invalid
    TCS Q1 net profit rises 4.61 pc to Rs 13,349 cr
    Government of India Notifies Polymatech Electronics' Semiconductor and Electronic Components SEZ at Nava Raipur, Chhattisgarh
    Rupee rises 7 paise to settle at 95.41 against US dollar
    IICA inaugurates it's Second Batch of Flagship Arbitration Program
    India says US approach to forced labour tariffs inconsistent; exempts 1,600 items it needs
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    July 10, 2026
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    Personal loan interest rates and repayment tenure are shaped by credit profile, income, eligibility and repayment capacity.
    Collateral-free personal loans are offered with interest rates determined by the applicant's credit profile, income, repayment capacity, employment stability, existing obligations, loan amount, tenure and overall eligibility assessment. The loan product provides borrowing amounts from Rs. 40,000 to Rs. 55 lakh, repayment tenure from 12 months up to 108 months, and disbursal within 24 hours after approval and verification, subject to terms and conditions.
    July 10, 2026
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    Rupee strength against the US dollar reflects weaker greenback, softer oil prices and bank-led support amid market volatility.
    The rupee opened stronger against the US dollar in early interbank trade, supported by a weaker greenback, easing crude prices and a firm domestic equity market. Traders said dollar selling by state-run banks, widely viewed as intervention on behalf of the Reserve Bank of India, helped the currency move above the 95.50 level, while foreign institutional outflows and West Asia tensions continued to weigh on sentiment.
    July 10, 2026
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    Footwear quality control amendments extend stock clearance and permit limited R&D sample imports for manufacturers.
    Amendments to the footwear Quality Control Orders extend the legacy stock clearance timeline from 31 July 2026 to 31 July 2027 and create an exemption for import of footwear samples for research and development and other non-commercial purposes. Manufacturers may import up to 4,500 pairs annually, subject to prominent marking and embossing with "NOT FOR SALE", prohibition on commercial sale, disposal as scrap after use, and maintenance of year-wise records for production to the Government when required.
    July 9, 2026
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    Cancellation of registered sale deed follows admission of unpaid consideration and no possession in disputed land transaction.
    Cancellation of registered sale deed was ordered in a disputed land transaction, with the court declaring the conveyance void ab initio, inoperative from the beginning and of no legal effect. The court directed correction of registration records and held that the purchaser would have no right, title or interest in the property after cancellation. It recorded that execution was admitted, but consideration had not been paid and possession had never been delivered, while leaving open the possibility of refund of stamp duty if permissible under law.
    July 9, 2026
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    Artificial intelligence and forensic analytics are accelerating fraud restitution and complex money laundering investigations through better verification and tracing.
    Artificial intelligence-assisted tools are being deployed to identify rightful claimants in large-scale fraud cases, automate claims and disbursement, and improve verification, speed, and accuracy in asset restitution. Modern forensic technology and data analytics are also being used in complex money laundering and cross-border financial crime investigations involving shell companies, nominee directors, benami property chains, cryptocurrency wallets, mule accounts, offshore entities, and interlinked trusts.
    July 9, 2026
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    Rupee volatility and Reserve Bank of India intervention shape currency trading amid stronger dollar and crude oil pressures.
    The rupee appreciated marginally against the US dollar, supported by recovery in domestic equity markets and dollar selling by state-run banks, which market participants believed reflected Reserve Bank of India intervention. The currency remained pressured by firmer crude oil prices, a stronger greenback in overseas markets, and renewed geopolitical tensions in West Asia, with traders expecting elevated volatility to persist.
    July 9, 2026
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    AI-driven demand and backlog recovery shape TCS quarterly growth outlook amid margin pressure and strong deal wins.
    TCS reported a rise in June-quarter net profit and revenue, while saying demand was sluggish because of geopolitical disruption and some client deferrals. Management expects demand to resume in the ongoing quarter as customers work through a technology backlog. The company also cited AI-related investments, strong deal conversion, wage-driven margin pressure, continued hiring and attrition trends, and growth in India revenues alongside weaker performance in some geographies and business segments.
    July 9, 2026
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    Act East policy positions Tripura as a gateway to Southeast Asia, boosting trade, investment and regional connectivity.
    Tripura is described as emerging as a strategic gateway to Southeast Asia under the Act East policy, with the Northeast positioned as a growing engine of trade, investment and regional connectivity. The commentary highlights Tripura's location at the crossroads of connectivity and commerce, its access to the ASEAN market, and its readiness to attract long-term investment through expanding infrastructure and institutional support. The note also identifies sectoral opportunities arising from Tripura's strengths in bamboo and natural rubber, with potential for manufacturing, food processing, value addition, logistics, exports and technology-driven industries. Major connectivity and trade-enabling projects are presented as key initiatives supporting export access to Southeast Asia and the Bay of Bengal.
    July 9, 2026
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    Economic engagement and investment facilitation shape outreach to Chinese businesses as trade ties and pharmaceutical access are discussed.
    Indian diplomatic outreach to Chinese businesses has focused on facilitating deeper economic and commercial engagement with India, including support for Chinese investment opportunities as bilateral relations move toward normalisation. The embassy has indicated willingness to help investors navigate entry into the Indian market, address concerns, and provide greater assistance for investment facilitation, alongside recent easing of restrictions on Chinese investments. Trade discussions have also emphasized expanding Indian pharmaceutical exports to China and improving market access for Indian manufacturers of generic medicines.
    July 9, 2026
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    Government spending restraint curbs public expenditure and travel as inflation and growth pressures test macroeconomic stability.
    Bangladesh has introduced austerity measures to restrain government expenditure amid persistent inflation, slower growth and pressure on the banking system. The restrictions cover cuts in public spending, procurement of motor vehicles, air and water craft, and foreign travel by officials. The directive applies across ministries, agencies, autonomous bodies, state-owned enterprises, statutory organisations, public sector corporations, state-owned companies and financial institutions to ensure prudent use of limited public resources and support macroeconomic stability.
    July 9, 2026
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    AI-led transformation and strong deal wins drive TCS quarterly growth despite margin pressure and mixed geographic performance.
    TCS reported higher quarterly net profit, revenue and net income for the June 2026 quarter, while operating margin declined due to wage hikes and fresh investments. The company said growth was supported by demand for AI-led transformation, modernisation, cybersecurity, sovereign cloud and platform simplification, and disclosed new deals with a total contract value of USD 9.5 billion, including a major AI-led transformation engagement.
    July 9, 2026
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    MSME quality and market access get a boost through a joint certification, accreditation and digital commerce framework.
    Quality Council of India and National Small Industries Corporation Limited entered into a Memorandum of Understanding to strengthen quality, competitiveness and market access for Micro, Small and Medium Enterprises through a unified support framework. The collaboration integrates ZED Certification, MSME Global Mart, the TEAM Initiative and the Single Point Registration Scheme to expand digital commerce access, export promotion, testing and accreditation support, and capacity-building for MSMEs and training institutions. A Joint Coordination Committee will oversee implementation during the five-year tenure of the MoU.
    July 9, 2026
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    Grievance redressal performance improves as financial services divisions rank high and expand complaint review and transparency measures.
    The Department of Financial Services has remained among the top 10 ministries and departments in grievance redressal rankings, with the Insurance Division securing 2nd rank in Group A for May 2026 and the Banking Division ranking 6th. The Department is also conducting direct review of selected grievances and workshops on an effective grievance redressal framework to improve complaint resolution, transparency, and customer trust.
    July 9, 2026
    Show AI Summary
    Landlord consent requirement prevails over bank amalgamation in eviction disputes under rent control law.
    Amalgamation of a tenant bank with another bank does not displace the requirement of written consent of the landlord under the Delhi Rent Control Act where the tenant has been assigned or has parted with possession of the premises. A banking scheme of amalgamation cannot override the rent control protection against subletting, assignment, or parting with possession without consent, and an involuntary merger does not confer immunity from the landlord-consent requirement.
    July 9, 2026
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    Valid service of summons on a foreign national requires due process, not deemed service at a relative's address.
    Service of summons at an accused person's residence in India cannot be treated as valid or deemed service on his son who is a foreign national, is not an accused in the predicate offence or the money-laundering case, and has not resided at that address since 2017. The Enforcement Directorate was required to follow the procedure prescribed by law for serving a person living abroad, and service at the applicant's address was non est in law.
    July 9, 2026
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    Quarterly profit growth at TCS reflects rising revenues, stronger net income and continued employee expansion despite headwinds.
    TCS reported a rise in quarterly net profit for the June 2026 quarter, with net profit, net income and revenues all showing year-on-year growth. The company also recorded a sequential increase in revenue from the previous quarter and added over 9,200 employees during the three-month period ending 30 June 2026.
    July 9, 2026
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    Special Economic Zone notification formalises semiconductor manufacturing and customs framework for export-oriented operations in Chhattisgarh.
    The Government of India has notified a Special Economic Zone for the manufacture of semiconductors and electronic components at Mandir Hasaud, Nava Raipur, Atal Nagar, Chhattisgarh, covering 10.13 hectares comprising specified land parcels. The notification also constitutes the Approval Committee for the SEZ and appoints 6 July 2026 as the date from which the SEZ is to be deemed an Inland Container Depot under the Customs Act, 1962, establishing the customs and logistics framework for export-oriented operations.
    July 9, 2026
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    Rupee appreciation supported by RBI intervention, equity rebound and dollar selling despite crude and geopolitical pressure
    The rupee appreciated modestly against the US dollar, supported by a rebound in domestic equities, dollar sales by state-run lenders and suspected RBI intervention. The currency moved within a narrow range before settling higher than the previous close, even as elevated crude oil prices, a stronger global dollar and heightened West Asia tensions continued to weigh on sentiment.
    July 9, 2026
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    Arbitration training and institutional dispute resolution take centre stage in IICA's expanded certified program.
    The second batch of the Certified Arbitration Program was inaugurated as a flagship initiative aimed at building globally benchmarked arbitration professionals and strengthening institutional arbitration in India. The programme stresses enforceable arbitral awards, fairness of process, a code of conduct and sector-specific expertise as core elements of a robust arbitration ecosystem. It also reflects wider efforts to promote alternative dispute resolution, specialised training and practical arbitration skills through expanded module-based content and workshop-focused learning.
    July 9, 2026
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    Forced labour-linked tariff proposals face Indian criticism over inconsistent exemptions and arbitrary sourcing conditions
    Forced labour-linked tariff proposals under the US trade framework drew Indian criticism for inconsistency, because the proposed approach was said to exempt a large number of items that cannot be produced or grown in the United States while still targeting imports linked to alleged forced labour concerns. India argued that such exemptions dilute the stated policy rationale of addressing forced labour in global supply chains and may not meaningfully prevent circumvention practices. India also objected to the textile-related tariff mechanism, stating that reduced tariff treatment based on the use of US-origin cotton and related inputs operates as an arbitrary sourcing requirement for foreign manufacturers.

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      Trump administration makes major cuts to Native American boarding school research projects

      April 19, 2025

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      Washington, Apr 19 (AP) At least USD 1.6 million in federal funds for projects meant to capture and digitise stories of the systemic abuse of generations of Indigenous children in boarding schools at the hands of the US government have been slashed due to federal funding cuts under President Donald Trump's administration.

      The cuts are just a fraction of the grants cancelled by the National Endowment for the Humanities in recent weeks as part of the Trump administration's deep cost-cutting effort across the federal government. But coming on the heels of a major federal boarding school investigation by the previous administration and an apology by then-President Joe Biden, they illustrate a seismic shift.

      “If we're looking to Make America Great Again,' then I think it should start with the truth about the true American history,” said Deborah Parker, CEO of the National Native American Boarding School Healing Coalition.

      The coalition lost more than USD 282,000 as a result of the cuts, halting its work to digitise more than 100,000 pages of boarding school records for its database.

      Parker, a citizen of the Tulalip Tribes in Washington state, said Native Americans nationwide depend on the site to find loved ones who were taken or sent to these boarding schools.

      Searching that database last year, Roberta “Birdie” Sam, a member of Tlingit and Haida, was able to confirm that her grandmother had been at a boarding school in Alaska.

      She also discovered that around a dozen cousins, aunts and uncles had also been at a boarding school in Oregon, including one who died there. She said the knowledge has helped her with healing.

      “I understand why our relationship has been the way it has been. And that's been a great relief for myself," she said. "I've spent a lot of years very disconnected from my family, wondering what happened. And now I know — some of it anyways.” An April 2 letter to the healing coalition that was signed by Michael McDonald, acting chairman of the National Endowment for the Humanities, says the “grant no longer effectuates the agency's needs and priorities”.

      The Associated Press left messages by phone and email for the National Endowment for the Humanities. White House officials and the Office of Management and Budget also did not respond Friday to an email requesting comment.

      Indigenous children were sent to boarding schools For 150 years the US removed Indigenous children from their homes and sent them away to the schools, where they were stripped of their cultures, histories and religions, and beaten for speaking their native languages.

      At least 973 Native American children died at government-funded boarding schools, according to an Interior Department investigation launched by former Interior Secretary Deb Haaland. Both the report and independent researchers say the actual number was much higher.

      The forced assimilation policy officially ended with the enactment of the Indian Child Welfare Act in 1978. But the government never fully investigated the boarding school system until the Biden administration.

      In October, Biden apologised for the government's creation of the schools and the policies that supported them.

      Haaland, a Laguna Pueblo citizen who's running for governor in New Mexico, described the recent cuts as the latest step in the Trump administration's “pattern of hiding the full story of our country”. But she said they can't erase the extensive work already done.

      “They cannot undo the healing communities felt as they told their stories at our events to hear from survivors and descendants,” she said in a statement.

      “They cannot undo the investigation that brings this dark chapter of our history to light. They cannot undo the relief Native people felt when President Biden apologized on behalf of the United States.” Boarding school research programs are feeling the strain Among the grants terminated earlier this month was USD 30,000 for a project between the Koahnic Broadcast Corporation and Alaska Native Heritage Centre to record and broadcast oral histories of elders in Alaska. Koahnic received an identical letter from McDonald.

      Benjamin Jacuk, the Alaska Native Heritage Centre's director of Indigenous research, said the news came around the same time they lost about USD 100,000 through a Institute of Museum and Library Services grant for curating a boarding school exhibit.

      “This is a story that for all of us, we weren't able to really hear because it was so painful or for multitudes of reasons,” said Jacuk, a citizen of Kenaitze Indian Tribe.

      "And so it's really important right now to be able to record these stories that our elders at this point are really opening up to being able to tell.” Former Assistant Secretary of Indian Affairs Bryan Newland described the cuts as frustrating, especially given the size of the grants.

      “It's not even a drop in the ocean when it comes to the federal budget,” said Newland, a citizen of the Bay Mills Indian Community (Ojibwe). “And so it's hard to argue that this is something that's really promoting government efficiency or saving taxpayer funds.” In April 2024, the National Endowment for the Humanities announced that it was awarding USD 411,000 to more than a dozen tribal nations and organisations working to illustrate the impact of these boarding schools. More than half of those awards have since been terminated.

      The grant cuts were documented by the non-profit organization National Humanities Alliance.

      John Campbell, a member of Tlingit and the Tulalip Tribes, said the coalition's database helped him better understand his parents, who were both boarding school survivors and “passed on that tradition of being traumatised”.

      When he was growing up, his mother used to put soap in his mouth when he said a bad word. He said he learned through the site that she experienced that punishment beginning when she was 6-years-old in a boarding school in Washington state when she would speak her language.

      “She didn't talk about it that much," he said. “She didn't want to talk about it either. It was too traumatic.” (AP) PY PY

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