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    Welcome Remarks by RBI Governor in the Inaugural Session of Global FinTech Fest 2026 on September 8, 2026
    Financial Intelligence Unit- India (FIU-IND) issues notices for non-compliance to 15 Virtual Digital Assets Service providers (VDA SPs) under Section ...
    Chhattisgarh cabinet approves Rs 500 crore startup mission; also clears export promotion policy
    DRI seizes around 740 kg cannabis and charas in operations across country as it intensifies crackdown on illegal cannabis trafficking; 13 persons arre...
    Yubi Group Launches Yubi Asset Management, and its portfolio management service, Yubi PoleStar
    Refiners to sell 2.5 lakh tonnes of white sugar in domestic market: Shree Renuka Sugars MD & CEO
    Ember Unveils SuperPan, Creating a New Category of Uncoated, Non-Stick Titanium Steel Cookware
    Competition Commission rejects complaint against Keralam govt's Priyadarshini Scheme
    Asia's Energy Rise Reshapes Global Markets as Russia and China Deepen Cooperation
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    India’s Logistics Infrastructure Is Scaling Fast. Hemant Kejriwal Says the Next Challenge Is Inside the Supply Chain
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    Bajaj Finance Acquires 5% Stake in TrueFan AI as part of Finserv Intelligence
    SC dismisses BDPL's plea, brings one of India's longest-running corporate disputes to end
    CMRL case: ED writes to Keralam DGP seeking FIR against ex-CM Vijayan, daughter and son-in-law
    RSP MP Premachandran seeks CPI(M) stand on ED probe into Pinarayi Vijayan, family
    UpTik Strengthens Strategic Advisory Board with Appointment of Mr. Rajaram and Mr. Bala Swaminathan
    SC rejects proposal of Parsvnath Developers for homebuyers, asked it to file another
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September 9, 2026
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Fintech-enabled financial inclusion advances through digital payments, MSME credit access, responsible innovation, and trust-centred financial safeguards.
Fintech expands financial inclusion through digital payment and banking infrastructure, enabling customers to transact, save and borrow through accessible channels. It improves efficiency through faster account opening and payment settlement, lower transaction costs, AI-driven fraud detection and real-time supervision. Cash-flow-based lending, account aggregators and the Unified Lending Interface support collateral-light formal credit for micro, small and medium enterprises. Regulatory engagement supports self-regulation, digital public infrastructure and responsible innovation while safeguarding trust, safety, inclusion, fairness and efficiency.
September 9, 2026
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Virtual asset AML/CFT compliance requires registration, reporting and record keeping, with non-compliant providers facing access takedown notices.
Virtual Digital Assets Service Providers operating in India, whether offshore or onshore, must register with FIU-IND as reporting entities when undertaking specified virtual-asset activities. Their obligations are activity-based and include registration, reporting, record-keeping and other requirements under the PMLA and rules made under it. Notices under the PMLA were issued to fifteen providers for non-compliance, accompanied by notices seeking takedown of their applications and URLs from public access.
September 9, 2026
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Startup and skills mission expands entrepreneurship training, formal employment pathways, export facilitation, and government-service advancement opportunities.
The Chief Minister Startup and NIPUN Mission promotes youth employment, skill development, entrepreneurship, innovation and technology-based industries through entrepreneurship centres, technology laboratories, industry excellence centres and a job engine aligned with industry requirements. The Export Promotion Policy strengthens export infrastructure, market access, trade facilitation and value-added agricultural and industrial exports. The maximum age limit for eligible government and allied personnel applying for other government services or higher posts has also been increased.
September 9, 2026
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Illicit cannabis trafficking enforcement targets concealed consignments across road, rail and air routes, using seizures and arrests under narcotics law.
Directorate of Revenue Intelligence operations targeting illicit narcotic drug trafficking resulted in the seizure of around 740 kg of cannabis, high-grade hydroponic cannabis and charas, and the arrest of 13 persons under the NDPS Act, 1985. Road-based interceptions involved drugs concealed in trucks and cars, including loading areas, floor cavities and secret compartments. Rail and air-route interdictions addressed passenger-based trafficking, including charas concealed on train passengers and high-potency cannabis carried by passengers arriving on international flights.
September 9, 2026
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Portfolio management services introduce credit-focused strategies with custody, valuation, disclosure and risk safeguards for eligible investors.
Yubi PoleStar is a SEBI-registered portfolio management service offering credit-focused strategies for income, liquidity, long-term wealth creation and bespoke multi-asset portfolios. Investment selection and monitoring use a six-gate credit architecture, weighted credit-risk assessment, investment committee oversight, independent valuation and segregated client custody. SEBI registration does not guarantee performance or returns. Investments involve market, credit and liquidity risks, including loss of principal, and are subject to the disclosure document, prescribed minimum investment requirement and applicable accredited-investor relaxations.
September 9, 2026
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Advance licensing sugar refiners redirect export-oriented refined sugar to domestic sales to increase supply and restrain prices.
Advance licensing scheme sugar refiners are required to divert refined white sugar, produced from imported raw sugar ordinarily intended for export, to the domestic market to augment supplies. Domestic sugar-price management also includes duty-free sugar imports, tighter stockholding limits for bulk users and dealers, and restrictions on sugar exports. These measures operate against revised production estimates, projected domestic demand, available stocks, and concern over price increases by sugar mills.
September 9, 2026
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Zero-coating TitaniumSteel cookware uses NanoFusion surface engineering to deliver naturally non-stick, high-heat, metal-utensil-compatible cooking performance.
SuperPan introduces TitaniumSteel, a titanium-and-stainless-steel material engineered through a patent-pending NanoFusion process for uncoated, naturally non-stick cookware. Titanium is permanently fused with stainless steel, and microscopic surface texturing is designed to retain a thin oil film without a synthetic non-stick layer. The five-ply construction is described as supporting durability, high-heat cooking, metal-utensil use and food release without PTFE, PFAS or other synthetic coatings.
September 9, 2026
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State-funded welfare schemes do not alone establish exclusionary conduct when fare benefits influence passenger choice and private operator revenues.
State-funded free travel for eligible passengers on specified public transport services does not ordinarily attract competition-law scrutiny merely because private operators lose passengers or revenue. Passenger preference arising from a fare concession, where the State bears the cost, does not by itself establish abuse of dominance, denial of market access, or unfair or discriminatory conditions. Differential commercial impact must be accompanied by independent exclusionary or unfair market conduct to constitute a competition-law contravention.
September 9, 2026
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Energy security cooperation broadens across fuels, nuclear power, critical minerals, electrification, and alternative logistics amid market disruption.
Energy security cooperation between Russia and China covers oil, gas, coal, nuclear power, renewable generation, battery storage, electricity grids, critical minerals, transport electrification and alternative logistics. Supply-chain resilience is linked to diversified fuel supplies, strategic oil reserves, mineral access and reduced dependence on vulnerable transport corridors. Alternative routes are presented as reducing delivery times and logistics costs, while bilateral settlements in national currencies support the wider economic relationship amid trade disruption, currency volatility and energy-market uncertainty.
September 9, 2026
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Digital savings account opening through video KYC enables remote onboarding, immediate transactions, and paperless customer service.
Digital savings account opening through video KYC enables remote onboarding without a branch visit, physical paperwork, or printed forms. Individuals holding valid Aadhaar and PAN may submit basic particulars, complete a live video interaction, upload identity documents digitally, select account preferences, and activate the account for transactions. Video Banking also provides live assistance for KYC completion, account queries, and service requests. Savings deposits earn daily balance-based interest paid monthly, with tiered rates, while a digital calculator estimates prospective interest earnings using current rate slabs.
September 9, 2026
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AI-enabled credit assessment uses alternative financial data to support inclusive lending, compliance, fraud controls, and customer servicing.
Agentic AI-enabled credit assessment uses alternative financial and commercial data to support formal credit access, including rural payment records, UPI transactions, GST data, trade data and banking data. Lending functions include automated assessment, AI-assisted underwriting, data intelligence and document processing. AI applications also support fraud and anti-money-laundering investigations, data-protection compliance, insurance operations, customer servicing and collections actions subject to compliance and policy guardrails.
September 9, 2026
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Supply-chain interoperability and flexibility can convert logistics infrastructure into strategic resilience amid changing trade routes and demand.
Supply-chain flexibility, interoperable data systems and strategic use of logistics infrastructure are central to the next phase of logistics development. Flexible warehousing can help businesses adjust capacity to changing demand and inventory needs, while specialised third-party logistics providers may add sector-specific value. Digital integration is necessary before artificial intelligence can effectively support forecasting, visibility and route planning. Geopolitical disruption also increases the importance of inventory optionality, rerouting capacity, Special Economic Zones and Free Trade Warehousing Zones.
September 9, 2026
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Reciprocal trade restrictions bar dairy, alcohol, motorcycles, and procurement access after retaliatory import tariffs escalate bilateral dispute.
United States trade measures prohibit Canadian dairy products, most alcoholic beverages and motorcycles, and exclude Canadian products from large, long-term government contracts until full and fair reciprocity is available for American products. Canada has imposed retaliatory tariffs on hundreds of American goods, maintaining that countermeasures are necessary where Canadian businesses face United States tariffs. The dispute has prompted Canada to pursue domestic investment, infrastructure development and trade diversification, including exploration of closer European Union cooperation.
September 9, 2026
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Government procurement reciprocity excludes Canadian products from long-term contracts as retaliatory tariffs intensify the bilateral trade dispute.
Government procurement reciprocity has been invoked to make Canadian products ineligible for large, long-term United States government contracts until "full and fair reciprocity" is afforded to American products. Canada has imposed retaliatory tariffs on hundreds of American products to prevent tariff-free entry of those goods while Canadian businesses remain subject to United States tariffs. Canada also identifies trade diversification, domestic investment, infrastructure development and deeper European Union cooperation as measures to reduce economic dependence and preserve policy autonomy.
September 8, 2026
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Strategic equity investment in AI video technology supports expanded enterprise automation, personalised communication, and startup innovation collaboration.
Bajaj Finance acquired a 5% equity stake in TrueFan AI through Finserv Intelligence, an applied research and innovation initiative supporting scalable technology enterprises. The investment follows existing use of TrueFan AI's platform for personalised customer engagement and dealer enablement. The parties intend to expand collaboration in personalised marketing, high-volume video generation, live-avatar assistance, multilingual communication, learning and development, and digital onboarding. The partnership combines equity participation with development of technological capabilities and long-term strategic value.
September 8, 2026
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Corporate share transaction validity was sustained after allegations of altered control and financial impropriety were rejected in prolonged proceedings.
The National Company Law Appellate Tribunal set aside the Tribunal's decision after considering historical corporate records and contemporaneous material, rejecting allegations of financial impropriety concerning the private placement and share transfers. It upheld the relevant corporate decisions and transactions. The Supreme Court declined to interfere with the appellate determination, concluding the prolonged challenge brought by Bhagwati Developers Private Limited.
September 8, 2026
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PMLA information-sharing enables a police FIR request over alleged bribery, sham consultancy payments, and suspected fund routing.
Enforcement Directorate used PMLA information-sharing powers to seek a police FIR over alleged bribery, sham consultancy payments, and laundering of funds linked to CMRL and Exalogic Solutions. The allegations concern purported payments for IT consultancy services, use of Exalogic Solutions as a corporate vehicle for routing payments, and alleged transfers of funds to Dubai. The investigation also draws on allegations of fictitious corporate expenditure that generated cash for unlawful payments.
September 8, 2026
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PMLA information-sharing in alleged consultancy payments enables police FIR registration and potential money-laundering proceedings thereafter.
Section 66(2) of the Prevention of Money Laundering Act permits the Enforcement Directorate to share criminal-investigation findings with law-enforcement agencies for registration of a fresh FIR or complaint. A police case registered on that information can form the basis for a PMLA case. In the reported investigation, FIR registration was sought on evidence gathered during the PMLA probe and searches concerning alleged consultancy payments.
September 8, 2026
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Governance and risk oversight gain focus as strategic advisers support institutional-grade alternative credit operations for MSMEs.
Strategic Advisory Board appointments add Mr. Rajaram and Mr. Bala Swaminathan to UpTik's advisory leadership for its invoice discounting and alternative credit operations. Their respective experience in structured finance, regulatory compliance, banking operations, treasury and institutional finance is intended to strengthen governance, risk oversight, compliance, credit-management frameworks and institutional partnerships. The appointments support expansion of transparent and responsible alternative credit access for MSMEs.
September 8, 2026
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Homebuyer claims and delayed possession require a comprehensive proposal, while frozen accounts remain unavailable for insolvency operations.
Proceedings concerning delayed real-estate projects require a fresh comprehensive proposal addressing possession, refunds, delayed-possession compensation, and enforcement-related claims of all homebuyers across the developer's group entities. An inadequate proposal may lead to appointment of a High-Powered Committee to assume relevant responsibilities. Frozen bank accounts remain under restraint, and a request by the Insolvency Resolution Professional to operate an account for company affairs was not entertained. The proceedings also raise concerns over enforcement of real-estate regulatory directions and protection of homebuyers facing prolonged delays.

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Israel says it has begun 'extensive' new ground operations in Gaza

May 18, 2025

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Deir al-Balah, May 18 (AP) Israel launched “extensive” new ground operations in the Gaza Strip while airstrikes in a new offensive killed at least 103 people, including dozens of children, overnight and into Sunday, hospitals and medics said, and forced northern Gaza's main hospital to close.

Airstrikes killed more than 48 people in and around the Palestinian territory's southern city of Khan Younis, some hitting houses and tents sheltering displaced people, according to Nasser Hospital, which said it struggled to count the dead because of the condition of the bodies. Eighteen children and 13 women were among them, spokesperson Weam Fares said.

In northern Gaza, a strike on a home in the built-up Jabaliya refugee camp killed nine members of a family, according to the Gaza Health Ministry's emergency services.

Another strike on a residence in Jabaliya killed 10, including seven children and a woman, according to the civil defence, which operates under the Hamas-run government.

In Gaza City, Um Mahmoud al-Aloul lay across the shrouded body of her daughter, Nour al-Aloul.

“You took my soul with you,” she cried. “I used to turn off my phone from how much you called.” Israel's military had no immediate comment, but its statement announcing the ground operations said that preliminary strikes over the past week killed dozens of militants and struck more than 670 targets. Israel blames civilian casualties on Hamas because the militant group operates from civilian areas.

Israel launched the offensive Saturday with the aims of seizing territory, displacing hundreds of thousands of Palestinians to Gaza's south and taking greater control of aid distribution.

An Israeli blockade on food, medicine and other supplies is now in its third month, with global food security experts warning of famine across the territory of more than 2 million people.

Talks in Qatar Israel has said it is pressuring Hamas to agree to a temporary ceasefire on Israel's terms — one that would free Israeli hostages held in Gaza, but wouldn't necessarily end the war. Hamas says it wants a full withdrawal of Israeli forces and a pathway to ending the war as part of any new ceasefire deal.

Israel had said it would wait until the end of US President Donald Trump's visit to the Middle East before launching its offensive, saying it was giving a chance for efforts at a new deal. Trump didn't visit Israel on his trip, which ended Friday.

Israeli Prime Minister Benjamin Netanyahu's office said that his negotiating team in Qatar's capital, Doha, was “working to realise every chance for a deal,” including one that would bring an end to fighting in exchange for the release of all remaining 58 hostages, Hamas' exile from Gaza and the disarmament of the Palestinian territory.

Hamas has refused to leave Gaza or disarm.

Israel shattered a previous eight-week ceasefire in March, launching airstrikes that killed hundreds of people. Days before that, Israel halted all imports into Gaza, deepening the humanitarian crisis.

The war in Gaza began on October 7, 2023, when Hamas-led militants attacked southern Israel, killing 1,200 people and abducting 251 others.

Israel's retaliatory offensive has killed more than 53,000 Palestinians, many of them women and children, according to Gaza's Health Ministry, which doesn't differentiate between civilians and combatants in its count.

Hospital cites Israeli 'siege' Health officials said that fighting around the Indonesian Hospital in northern Gaza and an Israeli military “siege” prompted it to shut down.

The hospital was the main medical facility in the north after Israeli strikes last year forced the Kamal Adwan and Beit Hanoun hospitals to stop offering services.

Israel's military said troops were “operating against terror infrastructure sites in northern Gaza,” including in the area adjacent to the Indonesian Hospital, without providing details.

Israel has repeatedly targeted hospitals in the war, accusing Hamas of being active in and around the facilities. Human rights groups and UN-backed experts have accused Israel of systematically destroying Gaza's health care system.

In northern Gaza, partly flattened by Israel's onslaught, at least 43 people were killed in strikes, according to first responders from the Health Ministry and civil defence. Gaza City's Shifa Hospital said that 15 children and 12 women were among the dead.

In central Gaza, strikes killed at least 12 people, hospitals said. One in Zweida town killed seven people, including two children and four women, according to al-Aqsa Martyrs hospital in Deir al-Balah. Another hit an apartment in Deir al-Balah, killing parents and their child, the hospital said. In Nuseirat camp, a strike hit a house and killed two people, the camp's Awda hospital said.

Houthi rebels launch missile at Israel The Israeli military said that it intercepted a missile launched early Sunday by Iranian-backed Houthi rebels in Yemen.

The rebels said that they fired two ballistic missiles — including a hypersonic one — towards Israel's main airport near Tel Aviv, whose grounds were struck by a Houthi missile earlier this month.

Israel was left out of a recent US deal to halt attacks on Houthi targets in Yemen in exchange for a stop to strikes on US shipping vessels in the Red Sea. On Friday, Israel struck Yemen for the eighth time since the start of the war in Gaza, in response to the Houthi attacks. The Houthis have said they are attacking in solidarity with Palestinians in Gaza. (AP) GSP

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