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    Assam Cabinet okays funds for land acquisition for Guwahati satellite city
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    Net direct tax kitty grows 23 pc to Rs 8.11 lakh cr on slower refunds, higher non-corp taxes
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    August 11, 2026
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    Land acquisition funding and regulatory approvals advance satellite-city development, tax relief, identity enrolment, employment verification, and jail reform.
    Assam Cabinet approvals include first-phase funding for land acquisition and development of the Aerotropolis Satellite City Project and a lease deed for a hotel supporting the Jagiroad semiconductor ecosystem. Measures also provide Aadhaar enrolment relaxation for Moran and Matak communities, zero agricultural tax up to the prescribed net-income threshold, OBC Non-Creamy Layer certificates, and trainee and graduate-assistance funding. Government jobs will be provisionally held pending police verification, with automatic confirmation where no report is submitted within six months. Jail rules will be amended to promote non-discrimination, sanitation, security and fair work allocation.
    August 11, 2026
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    Money-laundering investigation into alleged liquor-sale proceeds led to arrest and custodial questioning amid contested political allegations.
    Money-laundering investigation concerning an alleged liquor scam led to the Enforcement Directorate's arrest of Ramgopal Agrawal and seven days' custodial remand under the Prevention of Money Laundering Act. The agency alleged his connection with proceeds of crime, non-attendance despite multiple summonses, and evasiveness during questioning. Allegations concern purported control of the state excise department, illegal liquor sales, and sharing of commissions. The Congress has denied the allegations and described the investigation as politically motivated.
    August 11, 2026
    Show AI Summary
    GST inquiry closure bribery allegations prompted anti-corruption proceedings against a Sales Tax officer under corruption law.
    Alleged bribery in GST inquiry closure led to the arrest of a Sales Tax Assistant Commissioner after a scrap trader complained of a demand for illegal gratification to close an inquiry initiated through a GST show-cause notice. Anti-corruption officials reportedly verified the allegation through intermediaries, during which the officer allegedly agreed to accept payment for closing the matter. A criminal case was registered under the Prevention of Corruption Act, with further investigation ongoing.
    August 11, 2026
    Show AI Summary
    Direct tax collection growth reflected stronger non-corporate taxes and securities transaction tax receipts alongside slower refund issuances.
    Net direct tax collections increased by 23 per cent to over Rs 8.11 lakh crore through August 10, driven by higher non-corporate tax collections and slower refund growth. Gross direct tax collections grew by 19.75 per cent to about Rs 9.55 lakh crore. Net corporate tax collections rose about 20 per cent, net non-corporate tax collections rose 23 per cent, and Securities Transaction Tax collections increased 51 per cent. Refund issuances grew by 3.8 per cent year-on-year.
    August 11, 2026
    Show AI Summary
    Vicarious liability in cheque dishonour cases cannot attach to trust associates without statutory status or transaction-specific involvement.
    Vicarious criminal liability for cheque dishonour under section 141 of the Negotiable Instruments Act does not extend to a trust, because a trust is not a juristic person. A person cannot be summoned merely for alleged active involvement in a trust where the person was neither drawer nor signatory of the cheques, trustee, office-bearer, authorised account operator, guarantor, or executor of transaction documents.
    August 11, 2026
    Show AI Summary
    Cross-border payment integration through CBDCs and fast payment systems remains under BRICS discussion to reduce transfer costs.
    Cross-border payment integration is under discussion through potential linkages between central bank digital currencies and fast payment systems, including UPI-type platforms. These approaches seek faster and less costly trade and remittance transfers, particularly retail payments, but remain at a discussion stage. Rupee internationalisation is also being pursued through central-bank memorandums of understanding for bilateral trade settlement in local currencies, with existing arrangements covering Indonesia, Maldives, Mauritius and the UAE.
    August 11, 2026
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    Integrated infrastructure planning under PM GatiShakti coordinates project evaluation, multimodal connectivity, geospatial data use, and decentralized implementation.
    PM GatiShakti National Master Plan provides an integrated, data-driven infrastructure planning framework using geospatial data, satellite imagery and API integration. Project approval, implementation and funding remain with the respective Central Ministries, Departments and States or Union Territories under their own plans and budgetary provisions; the framework sets no separate budgetary allocation or quantified targets. The Network Planning Group evaluates critical Central Government projects at the planning stage for multimodality, synchronisation, last-mile connectivity, comprehensive local development and coordinated decision-making.
    August 11, 2026
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    MSME procurement through GeM has expanded alongside analytics-driven controls against suspicious bidding, collusion, and vendor misconduct.
    GeM uses AI/ML analytics to detect order splitting, suspicious bidding, abnormal pricing, repeated participation and potential buyer-seller collusion. Flagged cases are placed before buyer organisations for review and action, while suspected cartels are assessed through digital-footprint, pricing and bid-timing indicators. Its Incident Management framework addresses false documents, fraud, collusive behaviour and other misconduct through administrative measures, including suspension. Anti-competitive conduct and cartel formation are Severe/Grave deviations, with proven cases attracting suspension for up to 365 days.
    August 11, 2026
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    Direct tax collections show stronger corporate, non-corporate and securities transaction tax receipts, alongside increased refunds during the fiscal period.
    Net direct tax collections grew by 23.09 per cent to over Rs 8.11 lakh crore up to August 10 of the current fiscal year, while gross direct tax collections increased by 19.75 per cent to about Rs 9.55 lakh crore. Corporate tax, non-corporate tax including personal income tax, and Securities Transaction Tax receipts recorded growth. Refunds issued between April 1 and August 10 also rose over the corresponding earlier period. Direct tax collections are budgeted at Rs 26.97 lakh crore for the fiscal year.
    August 11, 2026
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    Mobile food testing laboratory accreditation expands quality-assured testing access and supports coordinated food-safety surveillance and regulatory efficiency.
    NABL has launched an Accreditation Scheme for Mobile Food Testing Laboratories under the Integrated Assessment Programme. The framework enables mobile laboratories to provide reliable, quality-assured and internationally benchmarked food-testing services closer to communities, extending accredited testing beyond conventional laboratory settings. It is intended to strengthen food-safety surveillance, improve access to quality testing, support faster regulatory intervention and enhance consumer confidence. Coordinated assessments, regulatory harmonisation and mutual recognition are also intended to reduce duplication and improve regulatory efficiency while maintaining quality and compliance standards.
    August 11, 2026
    Show AI Summary
    Digital public procurement will expand AI-led price intelligence, marketplace integrity, inclusive access, credit linkages and sustainable purchasing.
    Government e-Marketplace is advancing an AI-enabled public procurement ecosystem focused on efficiency, transparency, competition, price intelligence and marketplace integrity. Priorities include last-mile access through Suvidha Kendras, integration of public entities, credit linkages, sustainable procurement and university outreach. A nationwide five-digit Helpdesk short code, 14550, mapped to existing infrastructure, is intended to maintain service continuity and improve access to support and official communications. The platform seeks to provide enterprises with a more accessible and predictable procurement market and buyers with a data-driven procurement experience.
    August 11, 2026
    Show AI Summary
    Expedited flood insurance claims require insurers and partners to simplify documentation and provide immediate service to affected policyholders.
    Expedited insurance-claim handling for flood-affected policyholders in Assam is being pursued through simplified documentation, prompt settlement and immediate service response. PolicyBazaar is coordinating with insurer partners to reduce processing delays. The Insurance Regulatory and Development Authority of India has directed insurers, including life insurers and standalone health insurers, to mobilise resources for immediate assistance, alongside governmental efforts for expeditious and hassle-free claim disposal.
    August 11, 2026
    Show AI Summary
    Money laundering investigation in alleged liquor scam leads to arrest and proposed custodial-remand proceedings under anti-money-laundering law.
    Money laundering investigation concerning an alleged liquor scam in Chhattisgarh led to the arrest of Congress leader Ramgopal Agrawal under the Prevention of Money Laundering Act. Custodial remand is to be sought for interrogation. The allegations concern an alleged syndicate that purportedly controlled the state excise department, enabled illegal liquor sales and distributed resulting commissions. Chargesheets name political figures, excise officials and officials associated with the Chief Minister's Office.
    August 11, 2026
    Show AI Summary
    Money-laundering investigation into an alleged liquor scam leads to arrest and proposed custodial interrogation under the prevention law.
    Money-laundering investigation under the Prevention of Money Laundering Act concerns an alleged liquor scam in Chhattisgarh. A former state political party treasurer has been arrested for alleged involvement and is to be produced before a local court for a request for custodial interrogation. The alleged scheme is stated to have involved control of the state excise department by a criminal syndicate, with multiple accused named in six chargesheets.
    August 11, 2026
    Show AI Summary
    Immediate FIR registration for every missing person is mandatory, with missing children treated as suspected kidnapping or abduction cases.
    Immediate FIR registration is required whenever information is received that any person is missing, irrespective of age or gender, without preliminary inquiry. Missing-person FIRs must include relevant provisions concerning kidnapping and trafficking. A missing child must be treated from the outset as a suspected case of kidnapping or abduction. States and Union Territories may face contempt action for non-compliance. Traced children should ordinarily be restored to their families within 24 hours unless trafficking or exploitation by the family is suspected.
    August 11, 2026
    Show AI Summary
    Money-laundering investigation targets alleged chit-fund collections, investor-fund diversion, concealed deposits, and irregular land transactions.
    Money-laundering investigation into an alleged multi-state chit-fund scheme involved searches at premises linked to Wellfare Buildings and Estates Pvt Ltd and its directors, seizure of cash, vehicles, property-related records and digital devices, and freezing of bank accounts. The alleged scheme concerns unauthorised public-fund collection through land-allotment schemes, followed by closure of operations. Allegations include diversion of investor funds, manipulation of financial statements to conceal deposits, and irregular land transactions intended to suppress actual consideration and evade statutory obligations.
    August 11, 2026
    Show AI Summary
    Rupee exchange-rate pressure intensified as crude oil, regional uncertainty and weaker equities constrained the local currency in early trade.
    Foreign-exchange market conditions placed the rupee under pressure against the US dollar amid West Asia uncertainty, higher crude oil prices, and weaker domestic equity markets. Foreign institutional investor inflows and Reserve Bank of India intervention supported the rupee and limited further depreciation. Reported dollar sales through state-run banks helped contain downside pressure despite rising Brent crude prices and uncertainty concerning the Strait of Hormuz.
    August 10, 2026
    Show AI Summary
    GST refund facilitation expands provisional input tax credit refunds and removes the minimum threshold for export-related IGST refunds.
    Punjab's GST amendments facilitate voluntary compliance and reduce procedural burdens by allowing a 90 per cent provisional input tax credit refund in inverted duty structure cases and removing the minimum threshold for IGST refunds on exported goods. Additional measures cap annual fee increases by private unaided educational institutions, establish digital open universities for technology-enabled higher education, protect trees and green cover, and address common infrastructure, panchayati raj, and contractual engagement of outsourced State personnel.
    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
    Show AI Summary
    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.

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      Trump, Putin speak for more than 2 hours amid hopes for ceasefire progress in Ukraine

      May 19, 2025

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      Washington, May 19 (AP) President Donald Trump and Russian President Vladimir Putin spoke for more than two hours Monday, after the White House said the US leader has grown “frustrated" with the conflict and planned a separate call with Ukrainian leader Volodymyr Zelenskyy in hopes of making progress toward a ceasefire in the war in Ukraine.

      Moscow is ready to work toward ending fighting in Ukraine, Putin said following the call. He said Russia was in favour of a “peaceful settlement” and that compromises would need to be found to suit both parties. He also described the conversation with Trump as “frank and meaningful." The White House did not immediately provide its own account of the call.

      Trump expressed his hopes for a “productive day” Monday — and a ceasefire — in a social media post over the weekend. His effort will also include calls to NATO leaders.

      But ahead of the call, Vice President JD Vance said Trump is “more than open” to walking away from trying to end the war if he feels Putin isn't serious about negotiation.. Kremlin spokesman Dmitry Peskov called the conversation “important, given the talks that took place in Istanbul” last week between Russian and Ukrainian officials, the first such negotiations since March 2022.

      Trump has struggled to end a war that began with Russia's invasion in February 2022, and that makes these conversations a serious test of his reputation as a deal maker after having claimed he would quickly settle the conflict once he was back in the White House, if not even before he took office.

      “He's grown weary and frustrated with both sides of the conflict,” White House press secretary Karoline Leavitt told reporters Monday ahead of the call. “He has made it clear to both sides that he wants to see a peaceful resolution and ceasefire as soon as possible.” The Republican president is banking on the idea that his force of personality and personal history with Putin will be enough to break any impasse over a pause in the fighting.

      “I'd say we're more than open to walking away,” Vance told reporters before leaving Rome after meeting with Pope Leo XIV. Vance said Trump has been clear that the US “is not going to spin its wheels here. We want to see outcomes.” Trump's “sensibilities are that he's got to get on the phone with President Putin, and that is going to clear up some of the logjam and get us to the place that we need to get to,” said Trump's envoy, Steve Witkoff. “I think it's going to be a very successful call.” Trump's frustration builds over failure to end war Still, there are fears that Trump has an affinity for Putin that could put Ukraine at a disadvantage with any agreements engineered by the US government.

      Bridget Brink said she resigned last month as the US ambassador to Ukraine "because the policy since the beginning of the administration was to put pressure on the victim Ukraine, rather than on the aggressor, Russia.” Brink said the sign that she needed to depart was an Oval Office meeting in February where Trump and his team openly berated Zelenskyy for not being sufficiently deferential to them.

      “I believe that peace at any price is not peace at all,” Brink said. “It's appeasement, and as we know from history, appeasement only leads to more war.” Trump's frustration about the war had been building before his post Saturday on Truth Social about the coming calls.

      Trump said his discussion with Putin would focus on stopping the “bloodbath” of the war. It also will cover trade, a sign that Trump might be seeking to use financial incentives to broker some kind of agreement after Russia's invasion led to severe sanctions by the United States and its allies that have steadily eroded Moscow's ability to grow.

      Trump's hope, according to the post, is that “a war that should have never happened will end.” Vance said Trump would press Putin on whether he was serious about negotiating an end to the conflict, saying Trump doesn't believe he is and that Trump may wash his hands of trying to end the war.

      “It takes two to tango,” Vance said, adding that “if Russia is not willing to do that, then we're eventually just going to have to say, this is not our war. It's Joe Biden's war, it's Vladimir Putin's war." His treasury secretary, Scott Bessent, said Sunday on NBC's “Meet the Press” that Trump had made it clear that a failure by Putin to negotiate “in good faith” could lead to additional sanctions against Russia.

      Bessent suggested the sanctions that began during the administration of Democratic President Joe Biden were inadequate because they did not stop Russia's oil revenues, due to concerns that doing so would increase US prices. The United States sought to cap Russia's oil revenues while preserving the country's petroleum exports to limit the damage from the inflation that the war produced.

      No ceasefire but an exchange of prisoners Putin recently rejected an offer by Zelenskyy to meet in-person in Turkey as an alternative to a 30-day ceasefire urged by Ukraine and its Western allies, including Washington.

      Those talks ended Friday after less than two hours, without a ceasefire in place. Still, both countries committed to exchange 1,000 prisoners of war each, with Ukraine's intelligence chief, Kyrylo Budanov, saying on Ukrainian television Saturday that the exchanges could happen as early as this week.

      While wrapping up his four-day trip to the Middle East, Trump said Friday that Putin had not gone to Turkey because Trump himself wasn't there.

      “He and I will meet, and I think we'll solve it or maybe not,” Trump told reporters after boarding Air Force One. “At least we'll know. And if we don't solve it, it'll be very interesting.” Zelenskyy met with Trump's vice president, JD Vance, and top diplomat, Secretary of State Marco Rubio, in Rome on Sunday, as well as European leaders, intensifying his efforts before the Monday calls.

      The Ukrainian president said on the social media site X that during his talks with the American officials, they discussed the negotiations in Turkey and that “the Russians sent a low level delegation of non-decision-makers.” He also said he stressed that Ukraine is engaged in ”real diplomacy” to have a ceasefire.

      “We have also touched upon the need for sanctions against Russia, bilateral trade, defense cooperation, battlefield situation and upcoming prisoners exchange,” Zelenskyy said. “Pressure is needed against Russia until they are eager to stop the war.” The German government said Chancellor Friedrich Merz and French, British and Italian leaders spoke with Trump late Sunday about the situation in Ukraine and his upcoming call with Putin. A brief statement gave no details of the conversation, but said the plan is for the exchange to be continued directly after the Trump-Putin call.

      In a post on X about the conversation, French President Emmanuel Macron said that Putin on Monday “must show he wants peace by accepting the 30-day unconditional ceasefire proposed by President Trump and backed by Ukraine and Europe.” The push came as the Kremlin launched its largest drone barrage against Ukraine since the start of the full-scale invasion in 2022, firing a total of 273 exploding drones and decoys, Ukraine's air force said Sunday. The attacks targeted the country's Kyiv, Dnipropetrovsk and Donetsk regions.

      Witkoff spoke Sunday on ABC's “This Week” and Brink appeared on CBS' “Face the Nation.” (AP) GSP

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