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    Mumbai court denies nod to Nirav Modi's sister to record her statement via video link in PNB case
    'Organised loot' of Rs 2.86 lakh crore from people's pockets: Surjewala accuses govt
    Naresh Goyal seeks discharge from money laundering case; court asks prosecution to reply to plea
    Parliamentary panel seeks details on Railways’ efforts to boost domestic bullet train capabilities
    Haryana CM Saini launches MSME and Export Promotion Policy 2026
    TCS receives employee data leak alerts; says no impact to customer info
    APEDA Facilitates First-Ever Export of Mustard Honey by Dergang FPO from Tripura to Dubai
    Parliament passes The Bankers' Books Evidence Bill, 2026
    DRI uncovers another clandestine drug manufacturing unit in Maharashtra
    Delhi HC gives Kejriwal 4 weeks to respond to ED pleas against acquittal in two cases
    Pesticide residues found in 58 food samples tested in Kerala, says Minister Siddique
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    TRAI directs use of 1601-series for service, transactional calls by utilities, logistics cos
    Nagaland tax revenue rises to Rs 1,597 crore in FY'26
    India's Russian crude imports hit record for second straight month
    Stolen phone of 88-year-old leads Delhi Police to bust interstate cyber-fraud syndicate; 9 held
    Rupee falls 11 paise to close at 95.28 against US dollar on firm crude oil prices
    Loan Utsav 2026: Bajaj Finance Personal Loan Now Comes with an Exclusive Reward Bundle for Eligible Customers
    Freedom to Spend Smarter: AU Small Finance Bank Credit Cards Bring Rewards, EMI Flexibility and Lounge Access to India''s Biggest Shopping Month
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    August 10, 2026
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    Video-conference statements for an approver application were declined, requiring the accused's statement to be recorded before consideration.
    Special CBI Court rejected an accused's request to record her statement through video conferencing in a bank-fraud prosecution. The accused had sought to become an approver, and her statement was required to be recorded before consideration of that application. She and her husband had previously become approvers in a related money-laundering matter involving alleged fraudulent Letters of Undertaking.
    August 10, 2026
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    Fuel price transparency highlights allegations over excise duty, consumer retail costs, and profit disclosures by state-run oil marketing companies.
    Fuel pricing, central excise duty and profits of state-run oil marketing companies are examined through allegations that retail fuel prices and tax policy imposed excessive costs on consumers while generating substantial company profits. The criticism contrasts high crude-price periods with lower retail prices and lower excise duty against a later period in which reduced crude prices were allegedly not passed through to consumers. Profit-margin disclosure is also raised as a transparency issue, with parliamentary information described as covering oil prices, global crude prices and company profits.
    August 10, 2026
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    Discharge in money-laundering proceedings turns on whether pre-charge material sufficiently establishes the alleged offence.
    Discharge in a money-laundering prosecution was sought before a special PMLA court concerning alleged siphoning and laundering of loans advanced to Jet Airways by Canara Bank. The prosecution was directed to respond, subject to the applicant not seeking adjournment. Discharge is available after filing of a chargesheet and before framing of charges where the material before the court is insufficient to establish the alleged offence. The proceedings arise from a CBI FIR concerning alleged bank fraud involving Jet Airways and associated persons.
    August 10, 2026
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    High-speed rail indigenisation and infrastructure performance monitoring require skills development, comparative planning, measurable station assessments and freight-terminal dashboards.
    Parliamentary oversight calls for accelerated indigenisation of high-speed rail components, capacity-building through international expertise, and comparative study of successful high-speed rail systems for future corridors. Redeveloped stations should be assessed through measurable indicators concerning passenger use, accessibility, cleanliness, commercial occupancy, maintenance and feedback, with completed-project practices documented and shared. Operational cargo terminals and cargo-related facilities should be monitored through a digital dashboard covering utilisation, rake performance, mechanisation, connectivity, safety compliance and customer satisfaction.
    August 10, 2026
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    MSME and export promotion framework expands finance, technology, infrastructure, sustainability and global-market support for enterprise growth.
    Haryana Progressive MSME and Export Promotion Policy 2026 creates a five-year framework for MSME growth through financial incentives, institutional support, industrial infrastructure, technology adoption and export facilitation. Identified thrust-sector enterprises may receive capital and interest subsidies, stamp duty reimbursement, employment assistance, insurance support, and incentives for automation, artificial intelligence, testing and research. Proposed venture capital and credit guarantee funds seek to improve institutional and collateral-free finance. Export support covers international certifications, credit, insurance, freight, e-commerce, trade fairs, documentation, compliance and buyer connections, alongside sustainability and inclusive entrepreneurship measures.
    August 10, 2026
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    Employee data exposure alerts trigger review of alleged password spraying and MFA fatigue, with customer and operational systems unaffected.
    Employee data exposure alerts prompted TCS to review allegations concerning limited basic employee information that appears to be more than four years old. No indication exists that customer data, customer systems, or operational systems have been affected. The alleged vectors involve password spraying and multi-factor authentication fatigue. TCS states that safeguards against these techniques have been in place for more than two years, its controls remain effective, and monitoring and further assessment will continue.
    August 10, 2026
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    Mustard honey export demonstrates FPO-led aggregation, quality-focused production and industry collaboration for international agricultural market access.
    Mustard honey export from Tripura to Dubai marks the first international shipment by Dergang Farmer Producer Organisation, supported through export-oriented aggregation and market linkage initiatives. The export creates overseas market access for local beekeepers and farmers, diversifies the honey value chain, and encourages quality-focused production. Industry collaboration supported bee production and an export-oriented supply chain, while capacity building, quality assurance, value addition and market linkages can strengthen agricultural exports and farmer participation in international markets.
    August 10, 2026
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    Digital banking evidence gains recognition through a modernised framework for physical and electronic records, with privacy and security safeguards.
    The Bankers' Books Evidence Bill, 2026, modernises the evidentiary framework for bankers' books by permitting banking records to be produced in physical or electronic form in legal proceedings. It recognises electronic, digital and virtual records and enables the Central Government to extend the regime to other regulated financial entities, supporting a uniform financial-sector evidentiary framework. The framework seeks secure and transparent use of banking records while safeguarding customer privacy, confidentiality and data security.
    August 10, 2026
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    Illicit opioid medicine exports exposed through concealed cargo, clandestine manufacturing, repacking, and attempted transnational trafficking to Nigeria.
    Illicit manufacture and attempted export of controlled opioid medicines were detected in a network producing, concealing, storing and exporting Tramadol Hydrochloride tablets to Nigeria. A consignment declared as Pregabalin capsules contained concealed Tramadol Hydrochloride and Tapentadol tablets. Investigation identified clandestine manufacture, repacking and preparation for export, with searches yielding tablet-compression machinery and raw materials. Tramadol is a psychotropic substance under the Narcotic Drugs and Psychotropic Substances Act, while Tapentadol is regulated under the Drugs and Cosmetics Act and its rules.
    August 10, 2026
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    Summons compliance under anti-money-laundering law faces appellate scrutiny after acquittal over unproven email service allegations.
    Delhi High Court required Arvind Kejriwal to reply to Enforcement Directorate petitions challenging his acquittal in proceedings concerning alleged non-compliance with summonses. The trial court found that the agency had not proved intentional disobedience, service of summons through email, or lawful issuance of electronic summons under the Prevention of Money Laundering Act. The appellate challenge concerns proof of service, validity of electronic summons, and intentional non-compliance.
    August 10, 2026
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    Pesticide residue concerns drive organic farming, school agriculture initiatives, infrastructure financing and climate-resilience support for farmers.
    Food-safety concerns arising from pesticide residues and toxic substances are to be addressed through organic vegetable farming, household cultivation and the Kathir school-farming initiative. Kathir provides for institutional farming, teacher and committee support, markets, student training and clubs, with possible academic weightage for agricultural participation. Agricultural infrastructure financing supports post-harvest management, value addition, processing, packing, marketing and exports. Additional measures include banking support, agricultural technology adoption, women-farmer support and schemes addressing climate-related floods and drought.
    August 10, 2026
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    Digital EODC processing removes physical duty challans through authenticated payment verification for export authorisation closure.
    Export Obligation Discharge Certificate processing under the Advance Authorisation and Export Promotion Capital Goods schemes no longer requires physical duty-payment challans for voluntary customs-duty payments made on or after 1 August 2026. Authenticated licence-wise payment information is electronically transmitted from Customs/ICEGATE to DGFT systems and mapped to the relevant authorisation. Exporters can verify payment details on the customer portal, while Regional Authorities use corresponding back-office records, replacing manual submission and verification for authorisation closure.
    August 10, 2026
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    Trusted service-call numbering requires verified utilities and logistics entities to use dedicated numbers exclusively for transactional and service communications.
    The 1601-series is introduced for verified utilities, courier and logistics entities making service and transactional voice calls. Numbers must be allocated directly to eligible entities, not intermediaries or aggregators, following verification by telecom service providers and an undertaking of exclusive use. Promotional voice calls are prohibited on this series and remain associated with the 140-series. The framework separates these calls from the 1600-series reserved for regulated financial-sector and government-to-citizen communications, supporting consumer recognition of legitimate calls and reducing impersonation risks.
    August 10, 2026
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    GST revenue collection drives tax growth while data scrutiny, taxpayer verification, and compliance capacity remain key administrative priorities.
    GST constituted the principal component of tax revenue for the 2025-26 fiscal year. Tax administration faces staff shortages, information-technology upgrade needs, and increased workloads from taxpayer registrations and return filings. Compliance oversight requires GST data scrutiny, risk assessment, identification of unregistered taxpayers, tax-evasion detection, and field verification of high-risk taxpayers. Long-term revenue planning sets progressively higher collection targets through 2063.
    August 10, 2026
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    Russian crude imports reshape India's refining trade as processed petroleum products reach sanctioning jurisdictions despite import restrictions.
    Indian imports of Russian crude oil reached a second consecutive monthly record in July 2026, with Russian crude forming the dominant share of India's Russian fossil-fuel purchases and more than half of total crude imports. Higher receipts through smaller terminals offset reduced volumes at Paradip. Indian refineries processing Russian crude also exported refined petroleum products to sanctioning jurisdictions, including the European Union, Australia and the United States, despite the European Union prohibition on imports of oil products made from Russian crude.
    August 10, 2026
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    Cyber-fraud through stolen phones allegedly used mule accounts, banking credentials and coordinated technical operations to divert victims' funds.
    Investigation into unauthorised withdrawals after theft of a mobile phone uncovered an alleged interstate cyber-fraud network using stolen devices, linked banking credentials and mule bank accounts. The scheme allegedly involved phone theft, supply of accounts and banking instruments, and a technical operation that accessed victims' accounts and routed funds for withdrawal or transfer. Digital surveillance, transaction mapping, seized devices, victim data and transaction records are being examined to identify linked complaints and the extent of funds allegedly diverted.
    August 10, 2026
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    Rupee depreciation reflected stronger dollar, elevated crude prices and geopolitical uncertainty, while portfolio inflows and equity gains provided support.
    The rupee depreciated against the US dollar amid a stronger dollar, higher global crude oil prices and uncertainty surrounding West Asia-related negotiations. Concerns over crude oil's potential impact on the trade deficit weighed on the currency, while positive domestic equity markets and foreign portfolio investment inflows provided support. Market caution remained focused on forthcoming US inflation data, dollar-index movements and Brent crude prices. Foreign-exchange reserves increased during the reported period.
    August 10, 2026
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    Collateral-free personal loans offer extended repayment flexibility, conditional reward benefits, and online application subject to eligibility and disbursal requirements.
    Loan Utsav 2026 provides eligible Bajaj Finance Personal Loan applicants an exclusive reward bundle where the loan is successfully disbursed during the campaign period. The collateral-free facility supports personal expenses, offers repayment tenures from 12 to 108 months, and may enable lower monthly EMI obligations through a longer selected tenure. Interest rates depend on eligibility, credit assessment, financial profile and lending criteria. Online applications require personal and financial details and required documents, with disbursal for eligible applicants possible after verification and approval.
    August 10, 2026
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    Credit card payment flexibility supports seasonal shopping and travel through eligible EMIs, rewards, tracking tools and conditional merchant benefits.
    Credit-card spending features include conversion of eligible purchases into EMIs, selected no-cost EMI options, reward points, cashback, merchant discounts and payment flexibility. Travel-related benefits may include domestic airport lounge access, travel-booking discounts, fuel-surcharge waiver and anniversary-linked rewards. The AU 0101 application enables transaction tracking, balance and interest-rate monitoring, EMI conversion and bill-payment management. Features and offers are subject to change, customer eligibility, internal policies and partner-merchant terms.
    August 10, 2026
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    Foreign-exchange market conditions weakened the rupee as stronger dollar and crude prices offset support from reserve growth and inflows.
    Foreign-exchange market conditions saw the rupee weaken against the US dollar in early trading, influenced by a stronger dollar and higher global crude oil prices. Foreign institutional equity inflows and increased foreign-exchange reserves moderated pressure on the rupee. Market attention remained focused on developments in West Asia and the Reserve Bank of India, alongside movements in the dollar index, crude oil prices and domestic equity markets.

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      George Simion secures decisive win in 1st round of Romania's presidential redo

      May 5, 2025

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      Bucharest (Romania), May 5 (AP) Hard-right nationalist George Simion secured a decisive win Sunday in the first round of Romania's presidential election redo, nearly complete electoral data showed. The election took place months after an annulled vote plunged the European Union and NATO member country into its worst political crisis in decades.

      Simion, the 38-year-old leader of the Alliance for the Unity of Romanians, or AUR, was far outpacing all other candidates in the polls with 40per cent of the vote, official electoral data shows, after 97per cent of votes were counted from Sunday's vote.

      Far behind in second place was Bucharest Mayor Nicusor Dan with 20.67per cent, and in third place the governing coalition's joint candidate, Crin Antonescu, with 20.62per cent — a gap that is expected to widen as the last votes from larger cities are counted.

      Eleven candidates vied for the presidency and a runoff will be held on May 18 between the top two candidates. By the time polls closed, about 9.57 million people — or 53.2per cent of eligible voters — had cast their ballots, according to the Central Election Bureau, with 973,000 votes cast at polling stations set up in other countries.

      Election redo held after vote annulled The rerun was held after Romania's political landscape was shaken last year when a top court voided the previous election in which the far-right outsider Calin Georgescu topped the first round, following allegations of electoral violations and Russian interference, which Moscow has denied.

      In a prerecorded speech aired after polls closed, Simion said that despite many obstacles, Romanians “have risen up” and “we are approaching an exceptional result.” “I am here to restore constitutional order,” said Simion, who came fourth in last year's race and later backed Georgescu. “I want democracy, I want normalcy, and I have a single objective: to give back to the Romanian people what was taken from them and to place at the center of decision-making the ordinary, honest, dignified people.” As in many EU countries, antiestablishment sentiment is running high in Romania, fueled by high inflation and cost of living, a large budget deficit and a sluggish economy. Observers say the malaise has bolstered support for nationalist and far-right figures like Georgescu, who is under investigation and barred from the rerun.

      Georgescu, who appeared alongside Simion at a polling station on Sunday in the capital, Bucharest, called the vote rerun “a fraud orchestrated by those who have made deceit the only state policy,” but said he was there to “acknowledge the power of democracy, the power of the vote that frightens the system, that terrifies the system.” The presidential role carries a five-year term and significant decision-making powers in national security and foreign policy.

      Widespread distrust in the authorities Dan, a 55-year-old mathematician and former anti-corruption activist who founded the Save Romania Union party (USR) in 2016, ran on a pro-EU “Honest Romania” ticket.

      “It is about the trust of Romanians and our partners in democracy ... and in my opinion, it is a new beginning that we all have a responsibility to do correctly,” Dan said after the polls closed.

      Antonescu, 65, a veteran centrist who campaigned on retaining Romania's pro-Western orientation, said Sunday that he voted for “a united Romania, for a strong Romania, for a dignified Romania.” “Democracy means a battle, sometimes taken to the maximum, but it is a battle of ideas,” he said after voting had closed. “Let's not forget that we are fellow citizens, sons of the same country, and we must move forward together.” Victor Ponta, who was prime minister from 2012-2015, also pushed a MAGA-style “Romania First” campaign and boasted of having close ties to the Trump administration, stands in fourth place with 14.3per cent of the vote.

      Elena Lasconi, who came second in last year's first round ballot and participated in the rerun, only obtained about 2.6per cent of the vote. She positioned herself as a staunchly pro-Western, anti-system candidate, railing against what she described as a corrupt political class.

      Cristian Andrei, a Bucharest-based political consultant, said Simion's clear victory indicates a complete “reshape” of the political spectrum, and that if Dan reaches the runoff, “it will be a clear signal that the political class and the political establishment have lost.” “You have a populist or pro-sovereign movement ... and you also have this liberal, urban, pro-Western segment of Romania that wants change,” he said, adding that it would be a “huge rejection of the classic political parties ... and this will mean that the entire political spectrum will be reshaped." Crossroads moment for Romania Distrust in the authorities remains widespread, especially for those who voted for Georgescu, a sizable electorate that Simion has sought to tap into.

      “The antiestablishment sentiment is not like an anarchic movement, but is against the people who destroyed this country,” Simion told The Associated Press days before the rerun. “We are not a democratic state anymore.” Simion said that his hard-right nationalist Alliance for the Unity of Romanians party is “perfectly aligned with the MAGA movement,” capitalizing on a growing wave of populism in Europe after U.S. President Donald Trump's political comeback. AUR rose to prominence in a 2020 parliamentary election, proclaims to stand for “family, nation, faith, and freedom,” and has since doubled its support.

      Rares Ghiorghies, 36, who works in the energy sector and voted for Simion, says he hopes that if he secures the presidency, Romania can “return to the basic principles of democracy, regain our confidence.” “What happened in December 2024 is definitely a dark chapter in the history of this country, and we can no longer accept it,” he said. “I'm hoping things will get back to normal.” The election redo is a crossroads moment for Romania as it seeks to restore its democracy and retain its geopolitical alliances, which have become strained since the canceled election fiasco.

      The decision to annul the election and the ban on Georgescu's candidacy drew criticism from U.S. Vice President JD Vance, Elon Musk and Russia, which publicly supported his candidacy in the rerun. (AP) NB NB NB

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