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    GST Council to take a view on GST on UPI MDR: Sources
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    EOW registers case against businessman, 4 others for ''forgery, unauthorised transactions''
    India's Russian oil imports hold near 1.8 million bpd as Middle East fills gaps
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September 24, 2026
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Fiscal responsibility limits frame cautions on new projects as budgetary discipline rather than financial crisis.
Finance-department advice treats fiscal indicators as grounds for restraint in approving additional expenditure rather than as evidence that funds are unavailable. Funding new projects may be difficult until additional resources are mobilised or allocations already approved are reallocated. Project proposals lacking budgetary provision or earmarked funding may create cash-flow pressures and fiscal-management challenges, requiring deferment until resources are finalised.
September 24, 2026
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Corporate document forgery allegations trigger investigation into unauthorised insolvency consortium participation and disputed share transfers.
An FIR concerns alleged cheating, forgery, criminal conspiracy, corporate-document misuse, and unauthorised financial liabilities arising from participation in a corporate insolvency resolution process. Allegations include entering a consortium arrangement without the Parekh Group's knowledge or authorisation, reliance on a fabricated and unapproved board resolution, and unauthorised transfer of shares to a group-controlled entity. Investigation covers disputed-record authenticity, alleged digital-signature misuse, and financial transaction trails.
September 24, 2026
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Energy security shapes continued Russian crude sourcing as alternative suppliers replace shortfalls amid potential sanctions-related restrictions.
Russian crude imports are operating near 1.8 million barrels daily in September, with refinery maintenance, stronger Chinese buying, and disruptions to Russian export infrastructure constraining availability. Middle Eastern supply, especially from Iraq and Saudi Arabia, has offset reduced Russian volumes. Potential tougher restrictions on countries purchasing Russian oil could complicate procurement, but energy security and tight physical oil markets make a significant near-term reduction in Russian crude purchases unlikely. Replacement remains technically possible but may raise procurement costs and competition for medium-grade crude.
September 24, 2026
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Direct tax payment gateway integration enables nationwide payments through digital options, branch channels, and customers' respective internet-banking services.
IDFC FIRST Bank's payment-gateway integration for Central Board of Direct Taxes collections enables Direct Tax payments through UPI, credit cards, debit cards, Retail and Corporate Internet Banking, and branch-based cheque, demand draft, or cash payments. Customers of other banks may use their own internet-banking facilities through the gateway. Taxpayers create a challan on the Income Tax e-Filing Portal, select Payment Gateway and IDFC FIRST Bank, choose a payment mode, complete payment, and download or print the paid challan. Payment confirmations are also accessible.
September 24, 2026
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Insurance distribution controls target commissions, expenses and loan-linked sales, reshaping bancassurance arrangements and intermediary remuneration structures.
IRDAI's consultation proposals for insurance distribution contemplate lower Expenses of Management limits, tighter commission controls, and greater control over loan-linked insurance practices. The prospective framework concerns insurer and intermediary remuneration, distribution expenses, and bancassurance fee structures. Reported concerns centre on potential effects on insurer earnings, intermediary economics, and lending-linked distribution arrangements; the measures are not described as final operative obligations or enforcement action.
September 24, 2026
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Personal loan eligibility and repayment planning: loan variants and digital applications remain subject to assessment, verification, and applicable terms.
Eligible customers may seek collateral-free personal loans within stated amount, tenure and interest-rate ranges. Loan amount, interest rate and tenure determine the EMI and total interest payable, while calculator results are estimates rather than final repayment obligations. Eligibility includes nationality, age, employment and credit-score conditions, but approval, final pricing and loan amount remain subject to lender assessment, document verification and applicable terms. Online applications require personal, financial and employment details and KYC verification.
September 24, 2026
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Nidhi company deposits lack insurance protection, requiring verification of government declaration before relying on high-return promises.
Each company seeking to function as a Nidhi must file Form NDH-4 for declaration or updated Nidhi status and comply with the Companies Act, 2013 and applicable Nidhi Rules. Nidhi companies may accept deposits and grant loans only to members. Public investors should verify declared Nidhi status rather than rely on unusually high-return promises, agent representations, or informal assurances. Deposits with Nidhi companies are not insured by the Deposit Insurance and Credit Guarantee Corporation, and recovery may be difficult where a company fails or fraud occurs.
September 24, 2026
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FCNR(B) liquidity deployment remains within banks' discretion, guided by credit pipelines, asset-liability positions, and prudent underwriting standards.
Banks retain full discretion to deploy liquidity mobilised through FCNR(B) deposits, based on their credit pipeline, lending proposals, liquidity outlook and asset-liability position. No sector-specific direction applies to use of these funds. FCNR(B) deposits are fixed-term foreign-currency deposits in which principal and interest are repayable in the same foreign currency, protecting non-resident depositors from direct rupee exchange-rate risk. Continued prudent credit appraisal and underwriting standards are expected.
September 24, 2026
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Compulsory Muslim marriage registration shifts registration to registrars under a statewide procedural framework, with local officials authorised when needed.
Compulsory registration of Muslim marriages will operate under the Assam Muslim Marriage Registration (Compulsory) Rules, 2026, framed under the Assam Compulsory Registration of Muslim Marriage and Divorces Act, 2024. Registration will be undertaken by registrars, with panchayat-level officials potentially authorised where application volumes require additional capacity. The framework addresses the registration forum after kazis were barred from registering Muslim marriages.
September 24, 2026
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Macroeconomic resilience supports fiscal consolidation, financial-sector stability, and orderly foreign-exchange management through persistent global and market shocks.
Policy management emphasises clear communication, policy certainty, macroeconomic and financial-sector stability, efficient use of buffers, and sustained structural reform. Fiscal prudence is treated as necessary to avoid unsustainable stimulus and preserve long-term stability. External-sector resilience rests on services exports and remittances, while oil and gold shocks and weaker capital inflows have created temporary balance-of-payments pressure. Further improvement is linked to lower oil dependence, export diversification, trade agreements, capital inflows and orderly foreign-exchange market management.
September 24, 2026
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Software export growth strengthens IT ecosystem as campus expansion supports startup activity, infrastructure development, and skilled employment.
Software export revenue generated by Technopark reached Rs 17,092 crore in FY 2025-26, reflecting year-on-year growth of approximately 17.3 per cent. Growth is attributed to IT infrastructure, a skilled talent base, and company performance. Technopark also operates as an IT and ITeS hub and startup ecosystem centre, with ongoing campus development intended to expand its position among major IT hubs.
September 24, 2026
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Artificial intelligence centre of excellence partnership advances industry-aligned training, supervised internships, startup mentorship, and applied research collaboration.
IIEST Shibpur and Tata Consultancy Services have entered into a Memorandum of Understanding to establish an Artificial Intelligence Centre of Excellence at the Electrical Engineering Department's high-performance computing laboratory. The collaboration supports industry-aligned training, professional certifications, practical projects, supervised internships, startup mentorship, curriculum benchmarking, and applied research in natural language processing, computer vision, image processing, and advanced data analytics.
September 24, 2026
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Money-laundering searches prompt protests over alleged political misuse while operations continue at public development offices and residences.
Enforcement Directorate search and survey operations connected with a money-laundering investigation continued at development authority offices and premises linked with housing administration, a realty company, and private residences. AAP workers protested against the searches, alleging political and administrative pressure through central investigative agencies. The party further alleged that the operations could disrupt the development authority's functioning and impede Punjab government welfare schemes.
September 24, 2026
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Money-laundering investigation procedure raises allegations over FIR registration, conflict concerns, and the choice between police, vigilance, or federal inquiry.
A police inquiry, rather than a Vigilance inquiry, was directed following an Enforcement Directorate communication seeking registration of an FIR for cognizable offences. It was contended that FIR registration should be dealt with by the police and that governmental or ministerial intervention would raise concerns where a person facing allegations is involved in deciding the investigative course. A transfer to a federal investigative agency was sought on grounds of investigative independence and perceived conflict of interest.
September 24, 2026
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Trade truce extension maintains tariff pauses and export-restriction rollbacks while negotiations continue on broader economic commitments.
United States-China trade relations may remain governed by the Busan Agreement through January 10 under a stated two-month extension, though Chinese official confirmation is pending. The arrangement maintains pauses on elevated tariffs and prior rollbacks of restrictions affecting critical minerals and high-technology exports. Negotiations may produce a broader economic package or further continuation of existing terms, while implementation of agreed commitments is under review. The parties have also proposed reciprocal alerts on AI-related hacking incidents involving national-security concerns.
September 24, 2026
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Gold Smuggling Enforcement: Concealed foreign-origin gold recovered from vehicles and a traveller, with arrests under customs law.
Gold-smuggling enforcement involved the seizure of approximately 21 kg of foreign-origin gold in two operations and the arrest of five persons under the Customs Act, 1962. Gold bars were recovered from sophisticated vehicle-chassis cavities, while gold bars and cut pieces were recovered from a passenger's specially designed cotton waist belt. The operations concerned suspected cross-border gold movement and targeted organised smuggling networks using sophisticated concealment methods.
September 24, 2026
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Cross-border gold smuggling enforcement resulted in Customs Act seizures after coordinated recovery of foreign-origin gold from border locations and a passenger.
Cross-border smuggling of foreign-origin gold through the Bangladesh route led to coordinated recoveries and seizures under the Customs Act, 1962. Gold recovered near the India-Bangladesh border was taken over for customs proceedings, including a seizure under Section 110. Foreign-origin gold concealed by a train passenger was also recovered and seized, with investigation indicating its smuggling from Bangladesh.
September 24, 2026
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BRICS tax cooperation creates standing platforms for international taxation, revenue statistics, professional capacity building and peer learning.
India-led BRICS tax cooperation established standing Working Groups on International Taxation and Transfer Pricing and Revenue Statistics, providing institutional platforms extending beyond individual Chairships. It also institutionalised an annual Young Tax Professionals Capacity Building Programme, launched the BRICS Tax Cross-Learning Lab for peer learning on client-centric administration and human-resources practices, and approved the Terms of Reference for the BRICS Tax Support Network.
September 24, 2026
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Wildlife trafficking enforcement applies protected-species safeguards to seized Tokay Geckos and enables further statutory action against suspected illegal trade.
Wildlife-trafficking enforcement led to interception of two persons and seizure of 86 live Tokay Geckos under the Wildlife (Protection) Act, 1972. Tokay Geckos receive Schedule I protection under that legislation and are listed in Appendix II of CITES, regulating international trade. The persons and recovered geckos were transferred to the Mariani Range Forest Office for further action.

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fischer's Problem-solvers for Structural Retrofitting - A Future for Existing Buildings

May 28, 2025

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Bengaluru, Karnataka, India (NewsVoir) The preservation and retrofitting of existing buildings has become one of the most important tasks of the construction industry, not least because of the growing demand for sustainability. fischer’s market launches with carbon fibre reinforced polymers (CFRP) and carbon fibre fabrics (CF) allow the structural strengthening of infrastructure constructions and buildings. Additional fischer fixing systems give existing structures an extended service life, post-installed rebar connections, concrete overlay and anchoring caps and edge beams to bridges.

fischer is launching its new problem-solvers for one of the greatest challenges faced by the construction market: strengthening and retrofitting existing buildings for their long-term use.

As fischer India navigates the evolving landscape of structural retrofitting, Mr. Mayank Kalra, Managing Director of fischer India, emphasizes the critical role our solutions play in enhancing the sustainability and longevity of existing buildings. “With an increasing focus on sustainability and infrastructure optimization, our innovative systems using carbon fibre reinforced polymers (CFRP) and complementary fixing solutions are designed to meet the demands of modern engineering.” says Mr. Kalra. These technologies not only strengthen structural integrity but also conform to the highest global standards, making them suitable for a wide range of applications—from urban redevelopment to infrastructure restoration.

New systems for reinforcing structural framework The load-bearing capacity of existing structures often needs to be restored or increased, whether it is because the existing building is going to be repurposed, because the structure is in need of improvement or because of the introduction of more stringent building regulations. Other reasons for retrofitting existing buildings can include poor material quality and execution or construction defects. fischer’s new products for structural strengthening using carbon fibre reinforced polymers (CFRP) and carbon fibre fabrics (CF) increase the structural performance of reinforced concrete structures, prolonging their service life. The cost-effective solutions are easy to install and can be used for a versatile range of applications such as infrastructure projects or buildings. Various international approvals provide assurance regarding the application of these new systems: a European Technical Assessment (ETA-24/0281) for CFRP laminates bonded into grooves (Near-Surface Mounted) and onto surfaces (Externally Bonded), an ICC-ES evaluation report (ESR-4774) for the CFRP laminate and the CF fabric in addition to a GB code certificate for the carbon fabric system. In addition to this, the individual chemical products comply with the relevant parts of the ten-part European standard EN 1504, which specifies the requirements for various construction products for protecting and maintaining concrete.

Post-installed rebar connections With the new fischer RebarConnect FIS RC II vinyl ester hybrid mortar, post-installed rebar connections can be carried out in diameters of 8 - 40 mm and an embedment depth of up to 2 m with an ETA and an approved service life of 100 years. The FRA rebar anchor can also be used for this application. Temperatures of -10 °C to +40 °C in the anchor substrate allow for flexible and universal applications (as per ETA). The ETA further approves designs up to fire resistance class R 240. Short processing and curing times enable quick progress in drill holes created either with hollow or hammer drills. Combined with the right hollow drill, there is no need to clean the drill hole.

Rebar connections can also be carried out with a bar diameter of 8 to 40 millimetres at depths of up to 2 m with the fischer FIS EM Plus epoxy resin mortar and with the FRA rebar anchor. In addition to ETA-17/1056 and its ICC approval, the application of the FIS EM Plus for post-installed rebar connections is now regulated by ETA-22/0001 - Post-installed reinforcing bar (rebar) connections with improved bond-splitting behaviour. This serves as the basis for planning post-installed rebar connections in addition to the previous procedures (EN 1992-1-1 (rebar theory) and EN 1992-4 (anchor theory)) in accordance with the TR 069 Technical Report by the European Organisation for Technical Approvals. One advantage is that the TR 069 permits the design of post-installed, rigid rebar connections that do not have to be carried out as overlapping joints. Even without a starter bar in the existing component and with relatively short embedment depths, the particularly rigid connections under static and quasi-static loading are covered by the design method, as significantly higher bond stresses may be applied than according to EC2 Part 1-1. In general, the FIS EM Plus is ideal for permanently and securely transferring heavy loads into concrete, even under extreme conditions. It is also safe in the event of fire (R120 fire assessment) and has a service life of 100 years, according to the ETA. The epoxy resin mortar can be processed in low temperatures of up to -5°C. FIS EM Plus can be used in diamond-drilled drill holes in concrete without requiring additional roughing up.

The styrene-free FIS V Plus vinyl ester hybrid mortar can additionally be used for post-installed rebar connections with a diameter of 8 - 28 mm and the fischer FRA rebar anchor.

Innovative concrete overlay reinforcements Together with the fischer FIS EM Plus, FIS RC II, FIS V Plus and FIS SB injection systems, the concrete-concrete shear connector FCC is the ideal approved system for repairing and reinforcing buildings, bridges and other structures through concrete overlay. Variable anchoring depths allow ideal adaptation to the acting load. The latest addition to the range is the fischer FCC-B bridge cap anchor (M16-24). This solution can be used in combination with the FIS EM Plus or FIS SB in order to permanently and securely anchor caps and edge beams on bridges and can be adapted to different construction site conditions. The general design approval of the concrete connector FCC provides planners, structural engineers and users with certified safety when using the FCC-B as a bridge cap anchor together with the ETA-assessed injection mortars.

Mr. Mayank Kalra reiterates fischer India’s commitment to providing future-proof solutions for structural retrofitting. “Our focus is on delivering products that are technically advanced, cost-effective, and easy to implement, ensuring long-term value for engineers, developers, and end-users alike.” he affirms. The comprehensive suite of offerings—from carbon-based reinforcement systems to post-installed rebar connections and concrete overlay reinforcements—reflects fischer’s mission to support sustainable infrastructure growth while empowering construction professionals with reliable, performance-driven tools.

(Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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