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    Trump used to slam China. Here's why he's now rolling out the red carpet for Xi
    RBI orders removal of Maharashtra minister Babasaheb Patil, 7 others as directors of Latur DCC Bank
    LPG subsidy: Aadhaar biometric authentication mandatory for subsidised refills from Oct 1
    RBI orders removal of Maharashtra minister Babasaheb Patil, 7 others as directors of Latur DCC Bank
    US tariffs on Indian goods: A Chronology
    Graft case: Kerl BJP chief alleges 'fixed match' between Congress, CPM
    India's FTAs opening new career opportunities for youth: PM Modi
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    India–Nepal Inter-Governmental Sub-Committee on Trade, Transit and Cooperation to Control Unauthorised Trade Meets in New Delhi
    OnEMI Technology Solutions Limited’s Board Approves Fundraise of approximately ₹832 Crore through a Preferential Issue of Securities
    CGST Delhi South officers bust firm in fraudulent availment of ITC involving over Rs. 25.22 crore; proprietor arrested
    Net direct tax collection rises 13 pc to Rs 12.12 lakh cr till Sep 17 on higher advance tax mop-up
    Protean launches next-generation KYC Onboarding & Reporting Solution at Global Fintech Fest 2026
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September 20, 2026
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Tariff policy and trade truce reshape bilateral engagement as rare-earth leverage limits coercive economic measures.
United States-China trade relations are being conducted through continued tariff policy, prior export restrictions, and a trade truce after escalating tariffs did not achieve their intended effect of changing Chinese economic conduct. China's concentrated supply of rare-earth inputs used in electronics provided negotiating leverage and contributed to the trade armistice. Indications that Chinese goods are routed through third countries to lessen tariff exposure qualify the decline in the bilateral goods imbalance. Continued tariffs have not constrained China's manufacturing expansion or its access to export markets.
September 20, 2026
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Ten-year director tenure cap governs removal of ineligible cooperative bank board members after regulatory review.
RBI required Latur District Central Cooperative Bank to remove directors considered ineligible for exceeding the ten-year maximum tenure applicable to district central cooperative bank directors. The action invoked director ineligibility under the Banking Regulation Act. Following a complaint and a court-directed timeline for regulatory action, RBI sought responses from the concerned directors, seven of whom resigned. An issue was raised over whether the tenure cap could apply retrospectively to appointments made before its stated commencement and whether it was being applied uniformly.
September 19, 2026
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Biometric Aadhaar authentication becomes essential for domestic LPG consumers seeking regulated subsidised refill bookings, while market-price supply remains available.
Biometric Aadhaar authentication is required from October 1 for domestic LPG consumers to book subsidised refills at the regulated retail selling price. Authentication can be completed through delivery personnel, distributor showrooms or designated mobile applications. Consumers unwilling or unable to authenticate may obtain LPG at the applicable market price without subsidy after registering their choice through specified digital channels. The framework distinguishes subsidised LPG linked to Aadhaar-authenticated consumers from market-priced LPG and seeks targeted subsidy delivery, reduced leakage, and prevention of diversion, duplicate connections and ineligible access.
September 19, 2026
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Cooperative bank director tenure limits require disqualification and removal when service exceeds the statutory maximum period.
Directors of District Central Cooperative Banks and Central Cooperative Banks are subject to a maximum 10-year tenure under the Banking Regulation Act, 1949, as amended by the Banking Laws (Amendment) Act, 2025. RBI directed removal of a director ineligible to continue under section 10A(2A)(i), read with section 56, following concerns that directors of Latur District Central Cooperative Bank had exceeded the permitted tenure.
September 19, 2026
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Tariff treatment of Indian exports shifted from reciprocal duties to targeted trade measures, sectoral duties, and specified exemptions.
Upon expiry of the temporary global measure, an India-targeted 10 per cent Section 301 tariff, linked to forced-labour concerns, replaced it; the effective charge for most covered exports remained MFN duty plus 10 per cent. The current regime applies the Section 301 tariff to Indian exports except specified goods, with separate sectoral duties on steel, aluminium and auto components. Smartphones, medicines and energy products are exempt.
September 19, 2026
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PMLA-based FIR request over alleged consultancy payments remains under legal examination amid criticism of non-registration.
Enforcement Directorate sought registration of an FIR concerning alleged fraudulent payments by Cochin Minerals and Rutile Ltd to Exalogic Solutions, represented as IT consultancy fees. The request relied on evidence gathered through investigation and searches under the Prevention of Money Laundering Act. Registration remained under consideration after receipt of the Advocate General's legal opinion, with the Home Department examining the matter.
September 19, 2026
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Free trade agreements expand market access, entrepreneurial partnerships and youth career opportunities alongside public-sector recruitment and development participation.
Free Trade Agreements are presented as mechanisms for expanding cross-border partnerships, market access for entrepreneurs, and career opportunities for young persons. Youth employment is also linked to the expansion of the startup ecosystem beyond major cities and to public-sector recruitment through Rozgar Melas. Newly selected candidates are to join central government ministries, departments and organisations. Public service is framed around citizen-centred administration and decisions supporting a developed and self-reliant India.
September 19, 2026
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AI governance for regulated financial services enables natural-language automation while preserving enterprise security, auditability, control, and scalable deployment.
Assist-Edge enables teams to describe intended processes in natural language and use AI to create, modify, and enhance executable workflows. Working with reusable AI agents and workflows, it supports discovery, customisation, deployment, and scaling of enterprise automation. For banking, financial services, and insurance operations, its use is positioned alongside security, governance, auditability, and control, supporting governed adoption of scalable AI capabilities and movement from isolated experimentation to enterprise-wide intelligent automation.
September 19, 2026
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Recurring token reward distributions connect eligible holdings, platform activity, and partner participation through hourly settlement cycles.
BC Engine permits eligible $BC holdings to participate in hourly settlement rounds distributing BCD rewards. Participants can monitor active balances, cumulative rewards, unclaimed BCD, and settlement history through the Engine interface. Settlement amounts vary with ecosystem activity, while the mechanism links platform activity, token utility, user participation, and commercial partners through repeated value distribution rather than one-time promotional incentives.
September 19, 2026
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Asset monetisation of surplus public land and buildings is accelerated through transparent, value-oriented processes and stakeholder coordination.
NLMC's Board recommended monetisation proposals involving surplus land and building assets valued at over Rs. 5,000 crore. Monetisation is facilitated through asset identification, due diligence, valuation and appropriate process structuring, with emphasis on transparency, efficiency and value realisation. Sustained coordination with asset-owning entities is intended to expedite implementation and support timely, commercially appropriate monetisation of underutilised public assets.
September 19, 2026
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Zero forex markup on credit cards applies automatically to international transactions without conditions while preserving applicable rewards.
Zero Forex Markup applies automatically to international transactions made through all existing and new credit cards, without a new-card application, upgrade, spending threshold or other stated condition. International card spends do not attract forex markup charges. Reward Points or Cashback, where applicable to the relevant card, continue on international transactions. Existing credit cards may be used for overseas and cross-border payments without requiring a separate forex card solely to avoid such charges.
September 18, 2026
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Foreign exchange reserve valuation reflects currency movements as foreign currency assets and gold holdings decline.
India's foreign exchange reserves declined to USD 780.782 billion for the week ended September 11, driven by reductions in foreign currency assets and gold holdings. Foreign currency assets fell to USD 645.796 billion, with their dollar value reflecting movements in reserve currencies against the US dollar. Gold reserves also declined, while Special Drawing Rights increased to USD 18.845 billion. The reserve position with the IMF stood at USD 4.916 billion.
September 18, 2026
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Bulk sugar stockholding limits now allow expanded inventories only where additional supplies derive from designated import channels.
Bulk sugar consumers using more than 10 tonnes monthly as a raw material may hold up to 30 days' requirement instead of 15 days. Holdings above 15 days must consist exclusively of sugar imported under the Tariff Rate Quota or Advance Authorisation Scheme; sugar obtained from the open market remains restricted to 15 days' consumption. Bulk consumers must declare and disclose their sugar inventories every Friday through the food ministry's online portal.
September 18, 2026
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Trade facilitation and digitalisation support regional economic cooperation through simpler customs procedures, paperless exchange, resilient supply chains, and MSME access.
Priority measures included expanded intra-SCO trade, lower trade costs, resilient and diversified supply chains, trusted multimodal connectivity, greater market access, simplified customs processes, paperless trade and electronic document exchange. Digital and cross-border payments and accessible trade finance were identified to enable MSMEs and start-ups to participate in trade and value chains. Ministers agreed an Action Plan for 2026-2030 for further approval and approved regulations for a special working group on creative-economy development.
September 18, 2026
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Customs cooperation and trade facilitation advance electronic origin verification, pre-arrival information exchange, and safeguards against preferential trade misuse.
Customs cooperation and trade facilitation measures included pre-arrival information exchange, electronic verification of Certificates of Origin, and Customs automation and digitalisation. These measures are directed at facilitating legitimate trade while ensuring compliance with applicable rules and preventing misuse of preferential trade arrangements. Rail and road connectivity, freight movement, Integrated Check Posts and land-port infrastructure were reviewed to improve infrastructure utilisation and address operational bottlenecks affecting bilateral and transit trade.
September 18, 2026
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Preferential equity issuance approved to strengthen capital, support digital lending expansion, and fund subsidiary operations subject to required approvals.
OnEMI Technology Solutions Limited has approved a preferential issue of equity shares to identified investors, subject to shareholder and requisite regulatory and statutory approvals. The issuance is proposed under the Companies Act, 2013, the SEBI capital-issue and disclosure framework, other applicable SEBI regulations, and applicable law. Seventy-five per cent of the additional capital raised is proposed for infusion into its wholly owned subsidiary to support lending, technology, digital capabilities and product expansion, while the remaining twenty-five per cent is proposed for general corporate purposes.
September 18, 2026
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Fraudulent input tax credit claims through bogus invoices prompted arrest over alleged invoicing without actual supply of goods.
Alleged fraudulent availment, utilisation and passing on of inadmissible input tax credit involved invoices from purported suppliers found to be non-existent, non-functional, suspended or cancelled. Input tax credit was allegedly claimed without actual receipt of goods and passed on through invoices unsupported by corresponding supplies. Following investigation and recorded statements, the proprietor of an iron and steel trading firm was arrested under statutory arrest powers, while further investigation remains in progress.
September 18, 2026
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Direct tax collections: stronger advance tax payments support growth in corporate, non-corporate, and securities transaction tax receipts.
Direct tax collections grew through September 17, supported principally by increased advance tax payments from corporate and non-corporate taxpayers. Gross collections exceeded Rs 14.32 lakh crore, while net collections, after refunds, exceeded Rs 12.12 lakh crore. Corporate tax collections grew more strongly than non-corporate tax collections, and Securities Transactions Tax receipts recorded significant growth. The trend indicated broad-based tax buoyancy, supported by underlying economic activity, taxpayer confidence and business performance.
September 18, 2026
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Reusable consent-based KYC enables integrated onboarding, reporting, record updates and periodic re-verification for regulated financial institutions.
Central KYC-based onboarding enables regulated financial institutions to reuse a customer's existing verified identity record through the Central KYC Registry with customer consent. The integrated solution supports onboarding, KYC reporting, unsolicited notifications and re-KYC. It retrieves consented KYC records through CKYC APIs, uses facial matching or video-based customer identification for authentication, and applies AI-based duplicate detection. Reporting automates validation, image correction and real-time registry submission, while record updates and simplified periodic re-verification support the currency of institutional KYC information.
September 18, 2026
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Benchmark interest rate normalisation raises borrowing costs while monetary policy monitors inflation, wage growth, currency risks, and economic recovery.
The Bank of Japan increased the uncollateralised overnight call rate from 1.0 per cent to 1.25 per cent, advancing monetary-policy normalisation after a prolonged period of near-zero or negative rates. The increase was assessed against gradual economic recovery, inflation near its target, wage growth, currency fluctuations, elevated crude oil prices, and external risks. Further tightening remains contingent on stable price increases, wage developments, and monitoring of other risks.

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From Kajol & Sara Ali Khan to Vedang Raina & Veer Paharia: Celebrities agree that, Wellness is the New Luxe

April 22, 2025

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GlobalSpa Awards, the most euphoric and elite event in the wellness calendar, took place in Mumbai recently. The event brought together key leaders from the spa, wellness, and hospitality industry. The evening also welcomed renowned celebrities from Bollywood, Television & Fashion, adding a touch of glamour and popularity. Now in its seventh edition, the primary goal of the GlobalSpa Awards is to champion exceptional standards and foster a deeper connection between spa aficionados and top-tier wellness establishments.

“At the GlobalSpa Awards, our mission is to recognize and celebrate the individuals and organizations who relentlessly strive to elevate the standards of wellness. These awards stand as a tribute to their passion, dedication, and innovation,” said Parineeta Sethi, Chief Editor of GlobalSpa India & Middle East.

Hosted by the gorgeous Sophie Choudry and comedian Nitinn Miranni, this year's extravagant gathering welcomed a-lister celebrities, like Rekha, Kajol, Sara Ali Khan, Vedang Raina, Malaika Arora, Rakul Preet Singh, Sonali Bendre, Nitanshi Goel, Avinash Tiwari, Pratibha Ranta, Veer Paharia, Jasmin Bhasin, and many others. Their presence on the red carpet added an exceptional sparkle to the event.

These luminaries not only added glitz and glamour, but they also played roles as presenters and recipients of awards across various categories, encompassing the best destination spa, best salon, best beauty brand, best hotel spa, and more. This year's event raised the bar with expanded choices, innovative technology, sustainability & conservation wellness initiatives, and a commitment to inclusivity, highlighting the importance of self-care while featuring renowned celebrities.

The evening also witnessed the unveiling of the latest cover of GlobalSpa with Sara Ali Khan shot by Rohan Shrestha at the scenic Interlaken, Switzerland.

Partnering brands shared their experience of a successful collaboration with the GlobalSpa Awards 2025.

This year, Samira Habitats was the Presenting Partner for GlobalSpa Awards. With three decades of leading Alibag's Real Estate story, Samira's Signature, New World Livingscapes and Land Holds blend expanded lifestyles with nature, slower living, and wellbeing. Their vision aligns seamlessly with GlobalSpa’s ethos of promoting holistic, luxe wellness, as a way of life.

Mr Samir A. Nerurkar, Founder & M.D. - Samira Habitats reiterates,” Wellness is truly the new luxe”. Samira Habitats, aligns naturally, with the emerging, new world community, who choose life in harmony with nature, sustainability and expansion, in our large, pristine acreages and bay side-living opportunities, in Alibag. A vision, so perfectly synched with GlobalSpa's uber luxe universe of wellness conscious and sustainable lifestyle.

Luxury Destination Partner, Austria Tourism with the mountains, springs and healing therapies, Austria has a deep-rooted spa and wellness tradition—think thermal baths, alpine health resorts, and medical wellness clinics and GlobalSpa Awards is an apt platform to partner.

Congratulating the team on the memorable event, Christine MukherjI, Country Head, Austria National Tourism Office, said, “Austria has long been a sanctuary for wellness, from our Alpine retreats to our world-class thermal spas. Partnering with the GlobalSpa Awards allows us to share our unique wellness culture with a global audience that values health, sustainability, and holistic experiences. It’s a natural alignment that celebrates wellbeing.

Heidi Grimwood, Sr. Vice President ELE|NA, said “It was a vibrant celebration—from impeccable organisation to a dazzling guest list—that radiated purpose and passion. As a beacon of excellence in conscious living and sustainable wellness, the event beautifully echoed the values we uphold at ELE|NA. It left a lasting impression on everyone who shared in this extraordinary experience.

“As the Audit & Knowledge Partner for this year’s awards, our role was to develop a process that was fair, subjective, transparent & inclusive. The enthusiastic response in the form of nominations received this year was nothing short of palpable”, says Monish G Chatrath, Managing Partner, MGC Global Risk Advisory.

Bubble Communication managed the Media & Influencer duties for the event.

GlobalSpa Awards 2025: The Complete List of Winners Best Resort Spa North • The Westin Resort and Spa, Himalayas • Ananta Spa & Resort, Pushkar East • MAYFAIR Spa Resort, Gangtok West • Alila Diwa Goa South • The Tamara Coorg Spa Manager of the Year • Agatha B. Marak - The Westin Resort and Spa Himalayas • Dr Avantika Kochar - Ksema, Mulberry Shades Bengaluru Nandi Hills Best Destination Spa • Atmantan Wellness Centre, Mulshi • ITC Grand Bharat Most Luxurious Spa Resort • Niraamaya Retreats Surya Samudra, Kovalam • Raffles Udaipur Most Luxurious Spa Hotel • Park Hyatt Chennai • Hyatt Regency Dehradun Resort and Spa Best Hotel Spa North • Andaz Delhi by Hyatt South • Shangri-La Bengaluru West • Spa by L'Occitane - JW Marriott Vagator Goa East • The Park Kolkata Best Spa Product - Anti Ageing (Global) • Dermalogica Best Spa Product (Global) • Thalgo Most Luxurious Spa Treatment • Signature Spa by JW - JW Marriott New Delhi Aerocity • Heavenly Signature Massage - The Westin Goa Most Environmentally Inclined Spa (Hotel & Resort) • CGH Earth – SwaSwara Best Wellness Cuisine • Aujasya by The Leela • Pema Wellness Resort Best Ayurvedic Wellness Spa • The LaLiT Resort & Spa Bekal Best Ayurvedic Wellness Retreat • Dharana at Shillim Best Holistic Wellness Retreat • Six Senses Vana • Carnoustie Ayurveda & Wellness Resort Best Day Spa Hotel • Radisson Blu Plaza Delhi Airport • Sofitel Mumbai Best New Day Spa • Florian Hurel Hair Couture & Spa Best Spa Interiors (Day) • SORIN Spa Therapist of the Year • Ms N Vini Achumi - Kaya Kalp The Royal Spa, ITC Mughal • Apokla Tsazito Sangtam - Pullman New Delhi Aerocity Best New Resort Spa • Timbertales - Luxury Resort Coorg • MAYFAIR Spring Valley Resort, Guwahati Best New Hotel Spa • Raffles Jaipur Best Spa Interiors (Hotel & Resort) • JW Marriott Bengaluru Prestige Golfshire Resort & Spa Best Spa Product - Anti Ageing Line (India) • RAS Luxury Oils Best Spa Product - Natural Line • Serenité Best Indian Spa Product • Shankara Most Luxurious Spa Day (Hotel) • Cinqtuair Spa - The Claridges New Delhi Most Luxurious Spa Day (Standalone) • Sawadhee Traditional Thai Spa • J Wellness Circle - Lodha World Tower Best Salon With Spa • Jean-Claude Biguine Salon & Spa • JW Marriott Hotel Bengaluru Best Day Spa Chain • IOSIS Wellness READERS’ CHOICE Favourite Destination - MIDDLE EAST • Jordan Favourite Emerging Destination • AlUla, Saudi Arabia Favourite Destination – EUROPE • Austria Favourite Destination – AFRICA • Seychelles Favourite Destination – ASIA • Maldives Favourite Destination – USA • California Favourite Destination – OCEANIA • Fiji Favourite Destination – INDIA • Goa Favourite Airport Spa • ENCALM Spa Favourite Spa Brand – GLOBAL • ELENA The Spa Favourite Spa Resort – GLOBAL • JOALI BEING Favourite Spa Hotel – GLOBAL • Brenners Park-Hotel & Spa, Baden-Baden Medical Wellness Retreat - GLOBAL • SHA Wellness Clinic Favourite Holistic Wellness Retreat - GLOBAL • Santani Wellness, Sri Lanka Medical Wellness Retreat - INDIA • Amal Tamara Favourite Eco Spa – GLOBAL • Soneva Soul at Soneva, Maldives Favourite Honeymoon Resort & Spa of the Year – INDIA • The Leela Palace Udaipur Favourite Honeymoon Resort & Spa of the Year – GLOBAL • Qasr Al Sarab Desert Resort by Anantara • LUX South Ari Atoll, Maldives Favourite Spa Resort – INDIA • Ananda In The Himalayas Favourite Salon – HOTEL • Silhouette Salon & The Barbershop Favourite Salon – STANDALONE • LOOKS Salon Favourite Organic Brand • Forest Essentials Favourite Sustainable Destination • Bhutan Favourite Spa Hotel – INDIA • The Westin Gurgaon Best Product Range - Sunscreens • CHOSEN By Dermatology Best New Product Range – INDIA • Spiceology Brand Founder Of The Year • Deepali Bansal and Puneet Bansal – Suroskie Homegrown Beauty Brand • Love Organically EDITORS’ CHOICE AWARDS Innovation In Wellness • Tulah Clinical Wellness Luxury Wilderness Wellness • Siddhayu Wellness x The Bamboo Forest Best Naturopathy Wellness Resort, India • Pema Wellness Resort CELEBRITY AWARDS GlobalSpa Icon of Holistic Wellness – Deanne Panday GlobalSpa Evergreen Diva – Kajol GlobalSpa Rising Star – MALE – Vedang Raina GlobalSpa Rising Star – FEMALE – Pratibha Ranta GlobalSpa Most Loved Gen Z Icon – Nitanshi Goel GlobalSpa Inspirational Icon – Sonali Bendre GlobalSpa Most Versatile Performance of the Year – Avinash Tiwary GlobalSpa Wellness Trailblazer – Rakul Preet Singh GlobalSpa Emerging Face of The Year – Veer Pahariya GlobalSpa Wellness Entrepreneur – Malaika Arora GlobalSpa Icon of Wellness – Sara Ali Khan GlobalSpa Charismatic Personality Female – Jasmine Bhasin GlobalSpa Charismatic Personality Male – Taha Shah Badussha GlobalSpa Style Icon – Sophie Choudry (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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