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    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
    DGFT Removes Physical Duty Payment Challans for Export Obligation Discharge Certificate Applications under Advance Authorisation and Export Promotion ...
    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
    Rupee falls 8 paise to 95.25 against US dollar in early trade
    APEDA Facilitates First-Ever Export of GI-tagged Mithila Makhana by Sea Route from Bihar to Australia
    Government signs strategic MoUs with key industry leaders and ecosystems to strengthen support to StartUps
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    August 10, 2026
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.
    August 10, 2026
    Show AI Summary
    GI-tagged Mithila Makhana export facilitation expands sea-route market access while supporting quality compliance and farmer-linked value chains.
    Export facilitation for GI-tagged Mithila Makhana enabled the first commercial sea-route shipment from Bihar to Australia. APEDA, in association with the Bihar agriculture department, supported market access, coordination, capacity building and stakeholder engagement. The export model is intended to improve farmer price realisation, require adherence to global quality standards, and strengthen growers, processors and exporters. A separate HS Code for Makhana has taken effect under the Finance Bill, 2025, supporting product-specific trade classification.
    August 10, 2026
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    Startup ecosystem support expands through digital payments, cloud access, AI innovation, investment readiness, governance support and global market programmes.
    DPIIT has entered into strategic MoUs to support DPIIT-recognised startups through payment infrastructure, entrepreneurship development, cloud technology, mobility innovation, investment readiness and global-market access. Eligible startups may receive payment and cloud support, technical training, mentorship, startup formalisation assistance, market and investor connections, AI and mobility enablement, and programmes addressing governance, financial readiness, compliance and international expansion. The collaborations promote innovation across digital payments, clean energy, artificial intelligence, climate technology, advanced manufacturing, mobility and automotive technology.

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      As political theatre took centre stage in Turkiye, war went on in Ukraine, Kyiv has few options

      May 17, 2025

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      Kyiv, May 17 (AP) Since US-brokered talks began in March, Ukraine's strategy has been to convince the Trump administration that Vladimir Putin is unreliable, and that Kyiv is serious about peace.

      Ukrainian President Volodymyr Zelenskyy has few options, analysts and officials say, but to draw US President Donald Trump's ire against Putin while depending on the united and stalwart support of European allies.

      In the latest round, Zelenskyy not only accepted Putin's offer to hold direct talks in Turkiye, after the United States endorsed the idea, but raised the stakes and challenged the Russian leader to a face-to-face. The gesture failed to move Putin and the Istanbul talks were demoted to a technical meeting on Friday that failed to yield substantial results on ending the war.

      The US has expressed frustration with the stalled talks and threatened to withdraw if results aren't achieved. On Friday, Trump told reporters after boarding Air Force One to return to Washington from Abu Dhabi, United Arab Emirates, that he may call Putin soon.

      “He and I will meet, and I think we'll solve it, or maybe not,” Trump said. “At least we'll know. And if we don't solve it, it'll be very interesting.” All along, Zelenskyy's message, directed at the Trump administration, has been: The Russian leader cannot be trusted.

      It's a rhetorical game of pingpong in which both Kyiv and Moscow try to outmaneuver the other vis-a-vis the US. But the political theatrics are underscored by stark realities on the ground. In this war of attrition against Russia's invasion, Ukraine's position is poised to grow weaker as time goes on, unless powerful sanctions are imposed against Moscow and the US continues arms deliveries.

      “He is in a difficult situation because behind him is a whole nation of people who are suffering,” said Oleksandr Merezkho, a lawmaker in Zelenskyy's party. “We are playing (along), we are trying to do everything we can because we don't want to lose the support of the US. We don't want to be accused that it was our fault.” Putin's no-show did not result in a strong reaction from Trump, which frustrated Ukrainian officials.

      “It looks surreal, weird when Ukraine is complying to everything required from us, and Putin ignores, rejects,” said Merezhko. “It looks very imbalanced, it looks unfair for Ukraine.” Ukraine hopes for sanctions, while Russia stalls Since March, Zelenskyy has made a point of showing Ukraine's willingness to acquiesce to US demands to avoid alienating Trump, his most powerful ally.

      Kyiv hoped Russia's unwillingness to do the same would, in time, provoke the US to unleash powerful sanctions and cripple Moscow's war machine — the most likely scenario in which Ukraine can hope to weaken Russia and negotiate an advantageous peace deal, analysts said.

      Russia's position has remained mostly consistent. The Kremlin kept repeating that it was ready for peace talks with Ukraine — while making demands that were politically untenable for Zelenskyy, and would require Ukraine to make territorial concessions, neutralize its army and vow never to join NATO.

      Throughout the war, Moscow has also accused Kyiv and its Western allies of seeking to prolong the fighting and derailing peace efforts.

      Most recently, the Kremlin pushed back against a proposed 30-day ceasefire, countering with two brief unilateral ones, and then accused Ukraine of failing to stop the fighting, painting it as unwilling to silence the guns. At the same time, Russian officials underscore the effort to resolve the conflict is complex.

      “We understand that Washington wants to achieve quick success in this process, but at the same time we hope that there is an understanding that the settlement of the Ukrainian crisis is too complicated, there are many questions and details that need to be addressed before the settlement,” Kremlin spokesman Dmitry Peskov told reporters last month.

      Ukraine is asking for an unconditional temporary ceasefire, during which time future diplomatic talks can take shape. Zelenskyy also asked for a trust-building gesture, such as the release of prisoners of war, something the two sides agreed to Friday. The exchange of 1,000 prisoners would be their largest swap yet.

      But Ukraine has also maintained flexibility in its negotiating position by accepting Trump's proposals to avoid alienating the US president.

      “They're desperate to keep the Americans on their side,” said Balazs Jarabik, an analyst specialising in Eastern Europe and Ukraine.

      In March, Kyiv agreed to the US proposal for an immediate 30-day ceasefire, which Putin effectively rejected by imposing conditions impossible for Ukraine. In April, Kyiv signed a landmark minerals deal sought by Trump after months of fraught negotiations and a brief pause in military aid.

      That is why agreeing to send a delegation to Istanbul, after Trump supported the idea, was a risky move for Zelenskyy. It played into Putin's aim of drawing Kyiv into talks that had been stalled since the early weeks of Moscow's 2022 invasion.

      “We showed that we are for peace negotiations and support Trump's plan," said Mykola Davydiuk, a Ukrainian political scientist. “Now the ball is with Trump.” Despite verbal threats from Europe and the US, sanctions of the kind that could devastate Russia's energy sector have not been forthcoming.

      Zelenskyy has expressed support for a sanctions package pushed in the US Congress by Republican Sen. Lindsay Graham that could impose 500 percent tariffs on Russian energy imports. Graham has said he has enough support in the House to bring the sanctions bill to the floor.

      Russia likely gearing up for summer fighting campaign For now, Zelenskyy has few options but to continue to highlight Putin's disinclination to engage in meaningful talks and keep the US engaged.

      “If it turns out that the Russian delegation really is just theatrical and can't deliver any results today, the world must respond,” the Ukrainian leader said at a European summit in Albania on Friday. “There needs to be a strong reaction, including sanctions against Russia's energy sector and banks. Pressure must continue to rise until real progress is made.” For Ukrainian soldiers fighting along the 1,000-km front line, the theatricality of the week's political developments stood in harsh contrast with the grinding war.

      “Better to call it a circus,” said a Ukrainian drone operator with the 68th brigade who, like other soldiers, gave only his call sign Goose in line with military protocol.

      Analysts say Russia is at a crucial crossroads in the war, where it can negotiate a truce and consolidate gains, or launch a summer military campaign to maximise wins before the onset of winter.

      Ukraine has always been at a disadvantage and faces manpower and ammunition shortages. Analysts have offered estimates of six months to two years for how much longer it can hang on.

      Much will depend on what kind of support Ukraine receives from partners and how quickly the country can scale up domestic weapons production.

      Russian forces recently intensified offensive operations in the Ukrainian regions of Donetsk, Zaporizhzhia and Kherson, according to Ukraine's Southern Defence Forces spokesperson. Soldiers said Russia has a clear aim of reaching the borders of the Dnipropetrovsk region, to be able to claim the capture of two out of four partially occupied territories.

      “The feeling is that we will either hold out and allow the political leadership of the country to freeze the conflict along the contact line, or the enemy will break through,” said a Ukrainian soldier with the call sign Corsair Denis in the Sumy region. (AP) RD SCY

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