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September 21, 2026
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GST bribery investigation concerns alleged illegal gratification sought to resolve quarry firm's tax and royalty proceedings.
GST-related corruption allegations concern an alleged demand for illegal gratification from a stone-quarrying firm to resolve GST and royalty proceedings. A Customs House Agent was apprehended in a trap operation while allegedly accepting the negotiated amount on behalf of a CGST Superintendent and an Additional Commissioner. Custody proceedings involved written communication of arrest grounds and intimation to relevant family members and advocates.
September 21, 2026
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Rural infrastructure financing supports irrigation, roads, water supply, warehousing and micro-irrigation through structured lending and implementation oversight.
Haryana's 2026-27 rural infrastructure financing plan comprises six proposals for irrigation, roads, drinking-water supply and warehousing, with loan assistance proposed under the Rural Infrastructure Development Fund. Infrastructure Development Assistance has been sanctioned for the India International Horticulture Market, while further micro-irrigation proposals have been recommended under the Micro Irrigation Fund. Implementation oversight emphasises faster project execution and timely drawal claims, alongside borrowing approval and prospective support for water security, groundwater recharge, efficient irrigation and treated-wastewater reuse.
September 21, 2026
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Money laundering allegations in illegal cricket betting prompted investigative custody and examination of suspected routing of betting proceeds.
Money-laundering investigation into an organised illegal cricket-betting syndicate concerns the alleged use of online platforms, encrypted messaging channels, and a principal bookie to solicit, accept, and settle bets. Betting-derived funds were allegedly routed through a partnership firm represented as non-operational, whose account recorded substantial corresponding credits and debits. Property and vehicle records, digital data, and statements under the PMLA are relied upon to allege the acquisition, possession, use, transfer, and projection of proceeds of crime as untainted property.
September 21, 2026
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Money laundering allegations concern foreign portfolio investments, alleged share-price manipulation, attachment, and proposed confiscation of betting proceeds.
PMLA proceedings name Nishant Pitti in relation to allegations that proceeds from illegal online betting were introduced into Indian equity markets as foreign portfolio investments. The allegations attribute to him a role in facilitating and layering such proceeds through pre-arranged share-price manipulation involving Easy Trip Planners Ltd. Property action includes provisional attachment of his DEMAT shares, described as proceeds of crime, and a request for confiscation.
September 21, 2026
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National accounts modernisation adopts updated data sources, revised sector methods, and proportional Denton benchmarking for improved GDP estimates.
National Accounts Statistics in the new series use base year 2022-23, replacing the 2011-12 series. The series was updated to reflect changes flowing from the new Producer Price Index and Index of Industrial Production series. Methodological modernization expands corporate and financial-sector data coverage, refines general-government treatment, and adopts direct household-sector estimation from the Annual Survey of Unincorporated Sector Enterprises and the Periodic Labour Force Survey. Private Final Consumption Expenditure adopts COICOP 2018, while Quarterly National Accounts use the Proportional Denton approach and greater Goods and Services Tax and administrative-data use.
September 21, 2026
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Electoral roll verification requires unmapped voters to establish linkage or submit prescribed documents before final enrolment.
Special Intensive Revision of Nagaland's electoral roll applies a mapping and verification process by reference to the 2005 electoral roll. Electors recorded under no-mapping or mapping-anomaly categories, including persons unable to establish linkage to an elector in the 2005 roll, are to receive notices from Electoral Registration Officers or Assistant Electoral Registration Officers. They must furnish prescribed supporting documents, calibrated to their date or year of birth, for verification. Non-registration in the 2005 roll does not itself cause automatic exclusion.
September 21, 2026
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Trade pact negotiations and Russian energy tariffs shape market-access commitments and potential import-duty exposure for exporters.
India and Canada have accelerated negotiations for a Comprehensive Economic Partnership Agreement to establish a bilateral trade framework for goods and services. A United States law concerning sanctions on Russia and Iran authorises tariffs of up to 100 per cent on imports from leading purchasers of Russian crude oil or natural gas, creating potential tariff exposure for Indian exports. The India-European Union trade pact contemplates immediate duty elimination on 90 per cent of Indian goods and phased elimination on a further three per cent over seven years, subject to ratification.
September 21, 2026
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Semiconductor ecosystem policy requires predictable regulation, integrated clusters, and coordinated support to convert domestic demand into local value creation.
Semiconductor ecosystem development in India is centred on converting expanding domestic demand into local manufacturing, innovation and supply-chain resilience. A predictable fiscal and regulatory environment, alignment of central and state semiconductor policies, integrated manufacturing clusters and talent-certification programmes are important to project viability and commercialisation. Advanced packaging, compound semiconductors, photonics and chip-to-system integration offer high-potential areas, requiring policy certainty, streamlined approvals and long-term support for research, talent and supplier development.
September 21, 2026
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Legal and NPA advisory services receive recognition for social welfare, women's employment, legal awareness, and financial dispute-resolution work.
Felicitation of Advocate V. K. Dubey recognised his stated work in women's employment, public welfare, banking, NPA resolution, legal awareness, and social service. His profile encompasses civil, criminal, non-performing asset, banking, corporate, and settlement matters; leadership of bodies engaged in financial-dispute resolution; and legal assistance and public awareness intended to improve access to justice for marginalised persons. Associated initiatives include education and support for disadvantaged communities and wider social empowerment.
September 21, 2026
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Rupee appreciation reflected lower crude oil prices, stronger domestic equities, and improved risk sentiment amid diplomatic expectations.
Rupee appreciation against the US dollar followed lower crude oil prices, improved global risk sentiment, positive domestic equity markets, and softer US Treasury yields. Dollar index strength, geopolitical developments, and possible increases in oil supplies remained relevant to currency movements. Market commentary anticipated a slight positive rupee bias if crude oil prices continued to ease, while renewed geopolitical tensions could weaken risk sentiment. Net foreign institutional investment and a decline in foreign exchange reserves also formed part of the market context.
September 21, 2026
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Reciprocal tariffs and AI incident notifications frame bilateral talks on trade, security, technology and arms sales.
US sanctions legislation authorises the President to impose tariffs, including up to 100 per cent, on countries purchasing Russian oil and gas. China rejects tariffs directed at its Russian energy purchases and opposes unilateral sanctions and long-arm jurisdiction absent an international-law basis or a UN Security Council mandate. Washington and Beijing are also negotiating a reciprocal tariff-reduction framework covering products from both sides.
September 21, 2026
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Gold recycling and financialisation can reduce import dependence by mobilising household holdings through exchange, credit and non-physical investment.
Organised gold recycling, responsible sourcing, gold loans and financialised gold products are identified as ways to reduce reliance on fresh gold imports. Exchanging old jewellery can meet retail demand from existing domestic holdings, while gold loans unlock credit without requiring households to sell their gold. Gold ETFs and digital gold permit exposure to gold's value without physical possession and may reduce physical import demand. Transparency, trust and supporting infrastructure are necessary to integrate household gold into an organised formal economy.
September 21, 2026
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Tribunal infrastructure and member vacancies: amenities assessment and bench-level data collection address reduced sittings across company-law benches.
The Supreme Court required the Central Government urgently to identify, in consultation with the Tribunal President, infrastructural amenities needed by tribunal benches. The Principal Bench Bar Association was required to compile tabulated infrastructure data for every regional bench. At least 18 benches were asserted to conduct half-day sittings because of member shortages, against a sanctioned complement that remained unchanged despite expanded insolvency jurisdiction.
September 21, 2026
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Duty-free access for Indian exports under the India-New Zealand trade agreement begins with its entry into force.
The India-New Zealand Free Trade Agreement will grant duty-free access in New Zealand to all Indian exports, displacing existing peak tariffs on products such as ceramics, carpets, automobiles, and auto components. Scheduled to enter into force on 20 October 2026, the agreement also includes New Zealand's long-term investment commitment in India.
September 21, 2026
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Tariff sanctions and AI trade consultations examine reciprocal tariff reduction amid energy-purchase measures and objections to unilateral sanctions.
Expanded sanctions and tariff measures form the immediate trade-policy backdrop. The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 authorises expanded sanctions and tariffs targeting Russia and countries that buy its energy exports. China contests the application of tariffs to its purchases and opposes long-arm jurisdiction and unilateral sanctions asserted without a basis in international law or a UN Security Council mandate. Parallel negotiations contemplate a reciprocal tariff-reduction arrangement.
September 21, 2026
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Rupee appreciation in early trade reflects lower crude prices and stronger domestic equities despite dollar demand.
Rupee appreciation in early interbank trading saw the currency strengthen by 24 paise to 95.72 per US dollar. Lower Brent crude prices, gains in domestic equities and improved foreign fund sentiment supported the currency, while importer demand for dollars and broader US-dollar strength limited gains. Market commentary identified a broad near-term trading range, and foreign-exchange reserves declined because foreign-currency and gold reserves fell.
September 21, 2026
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Digital signature compatibility requires updated signing software for newly issued tokens, while functioning existing certificates remain usable until expiry.
Digital-signature users with tokens issued on or after 21 September 2026 must install emSigner v3.3, while users whose existing certificates and tokens function normally may retain their current version. Version 3.3 supports existing tokens and is required where signing fails or certificates cannot be selected despite correctly installed drivers. Certificates downloaded to FIPS 140-2 dongles on or before that date remain valid until expiry; later renewal or fresh issuance generally requires FIPS 140-3 dongles, subject to specified exceptions.
September 21, 2026
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Private capital mobilisation for development financing requires predictable investment conditions, credible projects, fiscal transparency, and strengthened State capital expenditure.
Development financing for Viksit Bharat is framed as a joint Union-State and private-sector task requiring higher savings and investment, fiscally resilient public finances, and mechanisms to mobilise private capital. Fiscal sustainability requires State-wise debt assessments and fuller disclosure of off-budget borrowings, guarantees, arrears and borrowings through State-owned entities. Public resources are expected to play a catalytic role in attracting private investment, supported by predictable rules, enforceable contracts, faster dispute resolution and stronger investment protections.
September 21, 2026
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PMLA-IBC interface examines challenges in harmonising insolvency resolution with money-laundering asset attachment, investigation, tracing and enforcement.
The PMLA-IBC interface addresses reconciliation of insolvency resolution with anti-money-laundering enforcement where corporate debtor assets are attached during resolution. Section 32A is central to this interaction, although harmonised implementation remains challenging. The framework also considers money-laundering stages, hawala transactions, financial investigation, asset tracing, and evolving judicial approaches to aligning insolvency objectives with enforcement measures.

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Former Indonesian Deputy Foreign Minister Dino Patti Djalal: COC Would be Significant Achievement in ASEAN-China Relations

April 22, 2025

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BEIJING, April 22, 2025 /PRNewswire/ -- As we commemorate the 75th anniversary of China-Indonesia diplomatic relations and the 70th anniversary of the Bandung Conference, China-ASEAN Observation sat down with Dr. Dino Patti Djalal—founder and chairman of the Foreign Policy Community of Indonesia (FPCI), former deputy foreign minister of Indonesia and Inaugural Orchid Award "Friendship Envoy Award" winner. In this exclusive interview, Dr. Djalal, who has been deeply engaged in regional affairs for over two decades, shared his insights on how Asian countries are navigating today's changing global landscape, the enduring relevance of the Bandung Spirit, and the prospects for South-South cooperation under the BRICS mechanism.

Dr. Djalal has long been committed to fostering friendly relations between ASEAN and China, as well as between Indonesia and China. He has played a key role in organizing and participating in various ASEAN-China exchanges. Each year, he leads the FPCI China Forum, which brings together scholars and experts from ASEAN and China to discuss evolving dynamics, opportunities, and challenges in ASEAN-China and Indonesia-China relations. In September 2023, he was honoured with the Friendship Envoy Award at the Inaugural Orchid Award.

COA: In recent years, China and ASEAN countries have been continuously promoting consultations on the text of the Code of Conduct (COC) in the South China Sea, and has completed its third reading. What do you think is the next step for the negotiation of the Code of Conduct in the South China Sea? Dino Patti Jalal: We have to recognize that we're living in a more dangerous world now. The value of the COC would be to tell the world that while in other places, war is raging and mistrust is rising, but in the South China Sea, we are working on a code of conduct that would enhance confidence building among the claimants and among countries in the region. And that code of conduct will be, we hope, will be finalized. And that would be a really significant achievement in the relations between ASEAN and China. The target is for next year, 2026. My hope is that they will be able to finalize the code of conduct in time by 2026. But if the positions are still too wide and they cannot reach an agreement, then I guess we need to find more time to conclude the code of conduct.

COA: This year marks the 75th anniversary of diplomatic ties between China and Indonesia—a historic milestone in bilateral relations. As a long-time observer and participant in China-Indonesia relations, how do you assess the development of this partnership and its future prospects? Dr. Dino Patti Djalal: China is one of Indonesia's best strategic partners now. The two countries now enjoy a comprehensive and strategic partnership. The relationship, as you said, has been around for many decades. And I think we are at a high point in our relationship. The trust is high, China is the biggest trading partner. The people-to-people contact is also very strong. And China's investment in Indonesia keeps rising.

When we see the future of Indonesia, the future of the region, the future of Asia Pacific, China is a very big part of it. Right? So constructive, positive relationship between Indonesia and China is very important to us. We've done many polls at my institution in Jakarta. And in every poll that we ask Indonesians and also ASEAN people, they all recognize that China is the most impactful country to their region. So overall, I think the relationship is in a good place, and I think it's one of the pillars of peace in Asia.

COA: Seventy years ago, the Bandung Conference was held, marking a historic moment of solidarity and cooperation among Asian and African nations. How can we best carry forward the Bandung Spirit in today's complex international landscape? Dr. Dino Patti Djalal: Bandung is very historic. It changed world affairs when it began in 1955. China was there from the start, and we appreciate it. And I think both Indonesia and China have come a long way since the Bandung Conference. We are a lot richer, a lot stronger. We are a lot more confident. We have a lot more roles in international affairs. And at the same time, Asia and Africa have changed as well for the better. So I think we have much to celebrate for the 70th Bandung celebration.

The spirit of Bandung should remain very much alive, especially because today there's the United States is having a retreat and unilateralism, and confidence in multilateralism is decreasing. I think the countries in the global south, the countries of Asia and Africa, have much to do to uphold multilateralism and to uphold the rules-based world order.

COA: Earlier this year, Indonesia was officially been admitted as a full member of the BRICS. What impact does this have on China-Indonesia cooperation and Indonesia's role in South-South cooperation? Dr. Dino Patti Djalal: Indonesia's accession to BRICS undoubtedly adds value to the cooperation. Even before joining BRICS, Indonesia and China have had a really outstanding, close relationship, very vibrant, very substantive and very high and strategic trust between the two countries.

Now that Indonesia has joined BRICS, we're still learning how to perform in that association in that grouping. Indonesia is learning how to work with other BRICS countries and also the incoming members to improve the state of the world. Because we want BRICS to be a contributor, a contributor to world peace, and we want to depolarize the world now. We want there to be more cooperation, and we want to be playing a bridge-building role in that regard here.

COA: Given the current evolving political ecology in the United States, what are its potential implications for the peaceful resolution of South China Sea disputes? Dr. Dino Patti Djalal: The situation remains unpredictable, as American policy can be difficult to forecast. We are still awaiting clarity on President Trump's approach to Asia, especially in comparison to his policies toward Europe, Canada, Mexico, or Latin America. But we are still waiting for what he wants to do concerning the Asia Pacific.

Importantly, ASEAN has a guiding doctrine known as the ASEAN Outlook on the Indo-Pacific (AOIP), which China has endorsed. The AOIP promotes a vision for the Indo-Pacific as a region that is free, open, cooperative, and inclusive. Instead, ASEAN advocates for inclusive regional cooperation characterised by mutual respect and equality among all players.

We hope that the United States will adopt a constructive policy toward the region and support the AOIP, which emphasises cooperation and inclusiveness. China is undoubtedly one of ASEAN's strongest partners, and the content of our relationship is rich, encompassing both governmental and people-to-people cooperation.

I believe China respects the ASEAN Charter and is a signatory to the Treaty of Amity and Cooperation, being the first country outside ASEAN to do so. As a dialogue partner, China actively participates in various ASEAN initiatives, contributing to a rich relationship that is a cornerstone of stability in Asia. I am optimistic about this partnership; it must be resilient so that when challenges arise—as they undoubtedly will—the relationship remains strong and capable of addressing any issues. For this to happen, both sides must cultivate mutual trust and engage as equals. ASEAN has consistently emphasised its centrality in regional affairs. It plays a central role in managing affairs in this region, and China understands and supports this. Together, we can work towards peace and stability in our region.

(Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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