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    Appeal to Employees of Public Sector Banks and Regional Rural Banks for Ensuring Uninterrupted Banking Services.
    Central Bureau of Narcotics and Brahma Kumaris sign MoU to strengthen preventive drug awareness, youth empowerment and community outreach.
    PROVISIONAL ESTIMATES OF INDEX OF CORE INDUSTRIES FOR THE MONTH OF AUGUST 2026, AND FINAL INDEX FOR THE MONTH OF JULY 2026 WITH BASE YEAR 2022-23.
    India-New Zealand FTA to Enter into Force from 20 October 2026
    Bengaluru customs arrest passengers for smuggling ganja, gold at airport
    Third-country goods routed via New Zealand into India won't get FTA duty benefits
    Govt urges bank employees to refrain from strikes, resolve issues through dialogue
    Ex-Punjab DIG Bhullar case: ED arrests 'middleman' Kirshanu Sharda for corruption
    RBI revises foreign currency deposit inflows under FCNR(B) upward to USD 133 bn
    CBI arrests 'absconding' IRS officer in Rs 40-lakh bribery case
    Haryana plans Rs 2,295-crore rural infra push
    IPL betting syndicate: ED arrests 'principal bookie' in Guwahati money-laundering case
    ED chargesheets EaseMyTrip promoter Nishant Pitti in Mahadev betting app case
    “Sources and Methods for Compilation of National Accounts Statistics”
    Nearly 5 lakh Nagaland voters to receive notices over SIR mapping discrepancies
    India, Canada to hold next round of talks from Oct 5 for proposed trade pact: Goyal
    India's Semiconductor Market Projected to Grow Threefold to USD 200 billion by 2035: EY-IESA Report
    VKDL NPA Advisory Council Chairman V. K. Dubey Felicitated by Uttar Pradesh Women Commission Chairperson Babita Singh Chauhan
    Rupee rises 15 paise to close at 95.81 against US dollar
    Xi to visit US from Sept 23 to 25 for talks with Trump; China calls it ‘milestone of historic significance’
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September 22, 2026
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Five-day banking demand prompts continued dialogue as employees are urged to avoid strikes and maintain uninterrupted services.
Industrial-relations engagement addresses strike action seeking a five-day banking week and withdrawal of the Performance Linked Incentive scheme. The scheme has been kept in abeyance, while conciliation continues on the five-day workweek demand. Employees are urged to resolve issues through dialogue and maintain uninterrupted banking services. Workforce measures include revised pay scales, welfare benefits, streamlined recruitment and promotions, improved transfers, pension-related benefits, medical insurance, disability-related allowances, and early negotiations for the next Bipartite Settlement.
September 22, 2026
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Preventive Drug Awareness Partnership establishes voluntary youth education, community outreach, and wellness activities without enforcement or policing functions.
The cooperative framework supports preventive drug-awareness campaigns, youth-empowerment initiatives and community outreach programmes through value-based education, awareness of harms associated with narcotic drugs and psychotropic substances, and information on counselling, recovery and treatment avenues. Activities include seminars, workshops, exhibitions, rallies, competitions and digital awareness initiatives, with focus on educational institutions, rural communities and youth. Activities remain voluntary, educational, inclusive and non-regulatory, and participating volunteers cannot perform enforcement, investigation or policing functions.
September 22, 2026
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Core industry index growth is driven by electricity, cement, and iron ore despite contraction across coal, natural gas, and fertilizers.
The Index of Core Industries (ICI), using base year 2022-23, records a provisional overall index of 119.2 for August 2026, representing year-on-year growth of 4.8 per cent against August 2025. The July 2026 overall index has been finalised at 120.8 in place of its provisional value of 121.2, with the associated year-on-year growth revised from 5.4 per cent to 5.0 per cent. August 2026 data remain provisional.
September 22, 2026
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Tariff liberalisation under the India-New Zealand FTA grants Indian exports duty-free access while protecting sensitive agricultural products.
From 20 October 2026, the India-New Zealand Free Trade Agreement applies duty-free treatment to all tariff lines covering Indian exports to New Zealand, while preserving exclusions for sensitive Indian agricultural products. Market access for New Zealand apples, kiwifruit, and Manuka honey remains subject to tariff rate quotas, minimum import prices, seasonal windows, and safeguards. Services commitments, mobility routes, investment facilitation, agricultural cooperation, and recognition of specified international inspection approvals form further components.
September 21, 2026
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Airport smuggling enforcement targets concealed ganja and gold, leading to passenger interceptions and arrests under customs law.
Customs enforcement at Bengaluru airport involved interception and arrest of passengers allegedly attempting to smuggle hydroponic ganja and gold by concealing the goods in cabin baggage, other baggage, undergarments, or on the body. Cases involved arrivals from Vietnam, Bangkok, Kuala Lumpur, and Abu Dhabi. The Abu Dhabi gold-ornament case involved an arrest under the Customs Act.
September 21, 2026
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Rules of origin prevent third-country transshipment from receiving preferential tariffs under bilateral trade arrangements between partner economies.
India-New Zealand free trade preferences apply only to goods satisfying Rules of Origin. Third-country goods routed through New Zealand cannot receive preferential Indian tariff treatment, as bilateral cumulation is confined to originating materials and goods of India and New Zealand. Sensitive sectors receive no duty concessions, while a bilateral safeguard mechanism addresses sudden import surges after duty elimination or reduction. Temporary Employment Entry, student mobility commitments, post-study work opportunities, and exemption from directly funded social-security contributions for temporary Indian residents form part of the services framework.
September 21, 2026
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Banking service continuity is prioritised through dialogue as employee welfare measures and wage negotiations address outstanding demands.
Banking-sector industrial relations are addressed through an appeal to bank employees to avoid strike action and pursue outstanding demands through dialogue, in order to keep banking services uninterrupted. Most union concerns are considered substantially addressed, while a remaining demand continues to be examined. The demand for withdrawal of the Performance Linked Incentive scheme had been addressed by placing that scheme in abeyance following detailed discussions. Employee welfare measures, wage revisions, and negotiations for the forthcoming Bipartite Settlement are intended to support workforce welfare and banking-sector efficiency.
September 21, 2026
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Money-laundering investigation addresses alleged use of a middleman to demand, receive, move and conceal corruption proceeds.
Money-laundering proceedings were initiated from corruption FIRs alleging that a middleman was used to demand and receive illegal gratification. Investigation concerns the alleged facilitation of receipt and movement of funds, supported by searches yielding cash seizure and freezing of financial accounts. Financial records and digital devices allegedly indicated unexplained deposits, investments, transactions involving the officer, and possible involvement of other public servants. The inquiry is tracing alleged proceeds of crime and the role of associated persons and entities.
September 21, 2026
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FCNR(B) foreign-currency deposits use a swap facility to mobilise non-resident funds without direct rupee exchange-rate risk.
RBI's special USD-INR foreign-exchange swap facility mobilised foreign-currency inflows through FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings. The FCNR(B) deposit window closed on 31 August 2026 after its mobilisation objective was achieved, while the facility remained available for the other two channels until 31 December 2026. FCNR(B) collections were revised upward to approximately USD 133 billion. Such deposits are fixed-term foreign-currency deposits with principal and interest repayable in the same currency, avoiding direct rupee exchange-rate risk for non-resident depositors.
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.

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AP Analysis: Iran talks tough, launches missile all while seeking new nuclear deal with US

May 5, 2025

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Dubai, May 5 (AP) Iran is talking tough — while still wanting to talk more with the United States over a possible nuclear deal.

In the last days, Tehran has backed an attack by Yemen's Houthi rebels that slipped through Israel's missile defences to strike near Ben-Gurion International Airport.

It aired footage of its own ballistic missile test while defence minister called out threats by US Defence Secretary Pete Hegseth against the Islamic Republic. And an organisation linked to its paramilitary Revolutionary Guard unveiled a new mural with a map of Israel overlaid by possible missile targets in the shape of a Yemeni jambiyya, an ornamental dagger worn by Yemeni men.

But all the while, Iran maintains it wants to reach a nuclear deal with the US after talks scheduled to take place last weekend in Rome didn't happen.

That's even as Trump administration officials continue to insist that Tehran must give up all its ability to enrich uranium in order to receive sanction relief — something Iran repeatedly has said is a nonstarter for the negotiations.

Israel-Hamas war changes equation for Iran All this together can feel contradictory. But this is the position where Iran now finds itself after having been ascendant in the Mideast with its self-described “Axis of Resistance,” countries and militant groups finding common cause against Israel and the US.

That changed with the attack by the Palestinian militant group Hamas on Israel on October 7, 2023, which killed some 1,200 people and saw 250 others taken hostage back to the Gaza Strip.

Israel launched a devastating war on Hamas in Gaza that rages on even today — and may be further escalating after Israel approved plans Monday to capture the entire Gaza Strip and remain there for an unspecified amount of time.

Israel's war has killed more than 52,000 people in Gaza, many of them women and children, according to Palestinian health officials, who do not distinguish between combatants and civilians in their count.

In the course of the war, Hamas, Lebanon's Hezbollah and other Iran-backed militants have been beaten back by Israeli attacks. Syrian President Bashar Assad, long backed by Iran, saw his family's over 50-year rule end in December as rebels swept the country.

That's left Iran with just Yemen's Houthi rebels, though they too now face an intensified campaign of strikes by the Trump administration.

Iran carefully applauds Houthi strike on Israel The strike Sunday on Ben-Gurion repeatedly earned highlights in Iranian state media. However, Iran's Foreign Ministry made a point to insist that the attack had “been an independent decision” by the group.

Expert opinion varies on just how much influence Iran wields over the Houthis. However, Tehran has been instrumental in arming the Houthis over Yemen's decadelong war in spite of a United Nations arms embargo.

“The Yemeni people, out of their human feelings and religious solidarity with the Palestinians, and also to defend themselves in the face of continuous aggression by America, have taken some measures," Iran's Foreign Ministry spokesman Esmail Baghaei said Monday.

Meanwhile, Iranian Defence Minister Gen. Aziz Nasirzadeh called out comments by his American counterpart who had warned that Iran would “pay the CONSEQUENCE” for arming the Houthis with weapons.

“I advise the American threatening officials, especially the newcomer defence minister of the country, to read the history of Iran in the recent four decades," the general said. "If they read, they will notice that they should not speak to Iran using the language of threats.” Iran has not, however, responded to Israeli airstrikes targeting its air defenses and ballistic missile program in October.

Nuclear deal remains a top Iranian priority But getting to a new nuclear deal with the US, which could see Tehran limit its enrichment and stockpile of uranium in exchange for the lifting of economic sanctions, remains a priority for Iran. Its troubled rial currency, once over 1 million to USD 1, has strengthened dramatically on just the talks alone to 840,000 to USD 1.

The two sides still appear a long way from any deal, however, even as time ticks away. Iranian media broadly described a two-month deadline imposed by President Donald Trump in his initial letter sent to Iran's Supreme Leader Ayatollah Ali Khamenei. Trump said he wrote the letter on March 5, which made it to Iran via an Emirati diplomat on March 12.

Meanwhile, the US campaign on Yemen and Israel's escalation in Gaza continues to squeeze Tehran.

That's on top of American officials including Trump threatening sanctions on anyone who buys Iranian crude oil, as well as following a new, harder line saying Iran shouldn't be able to enrich uranium at all. Israeli Prime Minister Benjamin Netanyahu, who strongly encouraged Trump to unilaterally withdraw American in 2018 from Iran's nuclear deal with world powers, also has been pushing for the same.

Iran likely has been trying to get messages to America despite last weekend's planned talks in Rome being postponed. Iranian Foreign Minister Abbas Araghchi flew to Islamabad to meet his Pakistani counterpart, Ishaq Dar. A readout from Pakistan's Foreign Ministry acknowledged the men discussed the nuclear negotiations.

Araghchi got a colder reception from Kaja Kallas, the foreign policy chief of the European Union. While European nations have had warmer ties to Iran in the past, Tehran's arming of Russia in its war on Ukraine has angered many in the EU.

I called on Iran to stop military support to Russia and raised concerns over detained EU citizens and human rights," Kallas wrote Monday on the social platform X. “EU-Iran ties hinge on progress in all areas.” (AP) GRS GRS

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