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    Concessional swap facility attracts USD 56.85 bn forex inflows: RBI
    DFS Highlights Mechanism for Timely Redressal of Insurance Policyholders’ Grievances
    Forex kitty jumps USD 14.14 bn to USD 707 bn in one of the biggest weekly expansions
    PROVISIONAL ESTIMATES OF WHOLESALE PRICE INDEX, OUTPUT PRODUCER PRICE INDEX, AND TRIAL INPUT PRODUCER PRICE INDEX FOR THE MONTH OF JULY 2026, AND FINA...
    Logistics Data Bank Tracks 10 Crore EXIM Containers, Provides Visibility across Logistics Chain
    APEDA and Government of Tripura Organise International Organic Buyer-Seller Meet to Expand Global Market Linkages
    WPI inflation eases to 9.78 pc in July on softening in fuel prices
    IDFC FIRST Bank secures its first international rating with Investment Grade from S&P Global Ratings
    DRI busts illegal drug manufacturing facility in Jewar, UP; 30 kg drugs seized and two persons arrested
    UCO Bank launches IFSC Banking Unit at GIFT City
    Banking sector has key role to play as India on way to become 3rd largest economy: Gujarat CM
    India's exports to US rise 12.85 pc in Jul; shipments to China jump 64.57 pc: Govt data
    50 tonnes of copper without e-way bills seized by Delhi GST, Railways joint team
    India's exports surge 19.6 pc in Jul; trade deficit widens to six-month high
    CBI ARRESTS CGST SUPERINTENDENT IN BRIBERY CASE
    The cumulative exports (merchandise & services) during April-July 2026-27 is estimated at US$ 316.42 Billion, as compared to US$ 279.63 Billion in Apr...
    Unlimit Mobile Ties Up with ICICI Bank Canada, RBC Royal Bank to Add Mobile Connectivity Benefits to Student GIC Journey
    Standard Chartered Accelerates India's GCC Growth with its Global Banking Expertise and 25 Years of GCC Experience
    IFSCA Grants Nexent Capital GIFT City Investment Banking License
    India's exports rise 19.63 pc to USD 44.24 bn in Jul; trade deficit widens to $31.98 bn
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    Show All SummariesHide All Summaries
    August 14, 2026
    Show AI Summary
    Insurance grievance redressal requires initial insurer complaint, prompt acknowledgement, and escalation through integrated monitoring channels when resolution remains unsatisfactory.
    Insurance policyholder grievances must first be raised with the concerned insurer, whose Grievance Redressal Officer and Board-level monitoring committee oversee redressal. Complaints received through digital channels, correspondence or call centres are recorded in the insurer's Complaints Management System, integrated with Bima Bharosa. Insurers must acknowledge complaints immediately and resolve them within 14 days. Where no response is received within a reasonable period or the response is unsatisfactory, policyholders may escalate through Bima Bharosa or designated helplines, email or physical correspondence.
    August 14, 2026
    Show AI Summary
    Foreign exchange reserve growth reflects increases in foreign currency assets, gold holdings, special drawing rights, and IMF reserve position.
    India's foreign exchange reserves rose to USD 707.002 billion for the week ended 7 August 2026. The increase comprised higher foreign currency assets, gold reserves, special drawing rights and the reserve position with the IMF. Foreign currency asset valuation incorporates appreciation or depreciation of non-US currencies held in reserve assets. Measures including the FCNR(B) scheme were introduced to attract additional foreign exchange inflows.
    August 14, 2026
    Show AI Summary
    Wholesale and producer price indices show July inflation movements, provisional estimates, final revisions, and manufacturing input-price trends.
    Wholesale Price Index, Output Producer Price Index, and trial Input Producer Price Index estimates under the 2022-23 base-year series set out provisional July 2026 measures and final May 2026 revisions. All-commodities WPI stood at 110.0 in July 2026, with year-on-year inflation of 9.78 per cent. The all-commodities Output PPI was unchanged at 109.9, while the trial Input PPI for manufacturing was provisionally estimated at 105.9. Final May WPI, Output PPI and trial Input PPI measures were revised from their respective provisional estimates.
    August 14, 2026
    Show AI Summary
    Logistics data visibility enables EXIM container tracking, operational analytics and multimodal shipment monitoring across India's logistics chain.
    Logistics Data Bank provides near real-time visibility of India's EXIM container movement through technology-based tracking and stakeholder monitoring tools. RFID-based coverage extends across ports, terminals, inland logistics facilities, rail networks, industrial zones, borders and highways. The platform uses RFID, Internet of Things, Big Data and Cloud technologies, with analytics on dwell time, transit time, and port and terminal performance to identify logistics bottlenecks. LDB 2.0 adds high-seas tracking of export containers and multimodal shipment visibility.
    August 14, 2026
    Show AI Summary
    International organic buyer-seller linkages support Tripura producers through direct sourcing engagement, market access and sustainable export opportunities.
    International Organic Buyer-Seller Meet in Tripura created a direct platform for organic producers, Farmer Producer Organisations, exporters and international buyers to explore sourcing opportunities, market requirements and long-term commercial linkages. Organic and naturally produced goods, including Queen Pineapple, GI-tagged Kalikhasa Rice, organic ginger and turmeric, black sesame, jackfruit and scented lemon, were showcased through product displays and producer interactions. The initiative seeks to strengthen global market access, sourcing partnerships and income opportunities for organic farmers.
    August 14, 2026
    Show AI Summary
    Wholesale price inflation moderation was driven by softer fuel prices, while manufactured goods and primary articles recorded higher inflation.
    Wholesale price inflation moderated in July, led by a decline in fuel and power inflation and a marginal easing in food-article inflation. Inflation in manufactured products and primary articles increased, making the moderation uneven across groups. Mineral oils, food articles, basic metals, non-food articles, food products, and chemical products remained significant inflation drivers. The output Producer Price Index remained unchanged year-on-year, with lower manufacturing and mining inflation offset by higher agriculture and electricity producer-price inflation.
    August 14, 2026
    Show AI Summary
    International investment-grade issuer ratings support expanded foreign-currency funding, trade finance, correspondent banking and cross-border financial market access.
    IDFC FIRST Bank's inaugural international investment-grade issuer credit ratings, with a stable outlook, are expected to improve access to international funding markets and global financial counterparties. The rating is intended to support standby letter of credit lines, foreign-currency funding through its GIFT City International Banking Unit, mobilisation of FCNR(B) deposits, correspondent banking relationships and cross-border trade finance. Strong capitalisation, improving profitability, stable asset quality and a granular retail funding profile underpin the outlook.
    August 14, 2026
    Show AI Summary
    Clandestine psychotropic drug manufacturing faces enforcement targeting precursor chemicals, concealed laboratories, illicit production networks and trafficking operations.
    Enforcement action against clandestine manufacture of psychotropic substances led to the detection of a residential drug-production facility. Searches recovered amphetamine and intermediary forms, precursor chemicals, reagents, raw materials, and manufacturing equipment. Field testing indicated the presence of amphetamine, a psychotropic substance regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985. The recovered apparatus and materials indicated illicit manufacture, while preliminary investigation pointed to short-term, intermittently operated facilities intended to conceal production activities.
    August 13, 2026
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    International banking unit expands cross-border financing, trade finance and foreign-currency service access through GIFT City operations.
    UCO Bank has launched an International Financial Services Centre Banking Unit at GIFT City to provide permitted international banking services. The unit offers trade finance, external commercial borrowings, foreign-currency loans, loan syndication, treasury services and other permitted financial services. It serves Indian corporates, exporters, importers, financial institutions, overseas businesses and other eligible customers requiring cross-border financing and access to global financial markets. FCNR(B) deposits are also offered through the unit.
    August 13, 2026
    Show AI Summary
    Last-mile credit access is prioritised through timely lending, wider beneficiary coverage, digital support and stronger fraud vigilance.
    Banking-sector participation is emphasised through last-mile credit access for MSMEs, women entrepreneurs, rural artisans, small farmers and other underserved beneficiaries. Banks are urged to expedite government-scheme applications, maximise coverage and use technology for timely financial support. Industrial-policy assistance and incentives cover startups, SC/ST entrepreneurs, persons with disabilities and first-generation entrepreneurs. Greater coordination, expanded village banking access, and vigilance against cyber fraud and mule accounts are also prioritised.
    August 13, 2026
    Show AI Summary
    Merchandise trade growth saw rising exports to major markets alongside increased imports and continuing United States trade-pact negotiations.
    India's merchandise trade data records increased July exports to the United States and China, alongside growth in imports from both markets. Exports to Singapore, the United Arab Emirates, the Netherlands, Germany, South Africa, Tanzania, Australia, Malaysia, Sri Lanka, Italy and Vietnam showed positive growth, while July exports declined for the United Kingdom, Bangladesh, Saudi Arabia and Nepal. Imports also increased from Russia, Korea, Singapore, Germany, Oman, Malaysia, Taiwan and Brazil. India and the United States are negotiating a trade pact amid an additional United States tariff on India.
    August 13, 2026
    Show AI Summary
    GST transport documentation enforcement addresses freight movement of metals without valid e-way bills and invoices under applicable rules.
    GST enforcement action led to the seizure of copper and aluminium ingots transported by freight train without valid e-way bills and invoices. The metals were found in three train wagons during inspection of parcel cargo. Further proceedings are to be undertaken under applicable GST rules concerning movement of goods without prescribed transport documentation.
    August 13, 2026
    Show AI Summary
    Merchandise trade deficit widens as import growth outpaces exports despite strong petroleum, electronics and engineering shipments.
    Merchandise trade in July 2026 saw exports rise 19.63 per cent and imports increase 17.52 per cent, widening the trade deficit to a six-month high. Petroleum products, electronics, engineering goods and marine goods supported export growth, while crude oil and several commodity and capital-goods categories increased imports. During April-July 2026-27, faster import growth widened the cumulative merchandise trade deficit compared with the corresponding prior-year period.
    August 13, 2026
    Show AI Summary
    Bribery allegations in GST enforcement prompted arrest after alleged payment demand to avoid a tax-liability notice.
    Bribery allegations involving GST enforcement led to the arrest of a CGST Superintendent after a complaint alleged that payment was demanded from a private company to avoid issuance of a tax-liability demand notice and to close the matter. A trap operation resulted in the public servant being apprehended while allegedly accepting part of the demanded bribe, and the amount accepted was recovered. Searches were undertaken, and investigation remained ongoing.
    August 13, 2026
    Show AI Summary
    Trade performance shows rising merchandise and services exports, but faster import growth expands the overall trade deficit.
    India's combined merchandise and services exports and imports increased in July 2026 and April-July 2026-27, while the overall trade deficit widened. Cumulative exports were estimated at US$ 316.42 billion and imports at US$ 365.85 billion, resulting in a trade deficit of US$ 49.43 billion. Merchandise exports, non-petroleum exports, and exports excluding petroleum and gems and jewellery grew, led by petroleum products, electronic goods, engineering goods and chemicals. Services trade recorded a cumulative surplus of US$ 69.17 billion.
    August 13, 2026
    Show AI Summary
    Student GIC referral programmes integrate connectivity credits with funding verification and post-arrival banking arrangements for eligible international students.
    Referral arrangements connect mobile connectivity benefits with the Student Guaranteed Investment Certificate application journey. Applicants may access an online portal through a referral link, submit documents, complete know-your-customer verification, and fund the GIC from permitted Indian bank accounts in no more than two transactions. After arrival, students may activate the GIC account and open a linked bank account for receipt of GIC transfers. Eligible verified applicants receive non-cash mobile credits usable only against mobile bills, subject to a cap on the bill portion payable through credits.
    August 13, 2026
    Show AI Summary
    Global Capability Centre banking support connects offshore and onshore operations to simplify financial management and enable cross-border expansion.
    Global Capability Centre banking support is positioned around connected offshore and onshore banking, international network access, digital banking platforms, and expertise in treasury centres, cross-border corporates, and evolving GCC operating models. The approach seeks to simplify financial operations and support GCC expansion across global markets. India's GCC ecosystem is characterised as a leading global capability hub, with capability centres evolving into strategic enterprise hubs requiring support for operational and financial complexities across markets.
    August 13, 2026
    Show AI Summary
    Investment banking registration enables regulated cross-border offerings, listings, debt transactions and capital-market advisory through GIFT City.
    IFSCA registration under the IFSCA (Capital Market Intermediaries) Regulations, 2025 authorises Nexent Capital IFSC Private Limited to operate as an investment banker from GIFT City. Permitted activities include management of initial and follow-on public offerings, SPAC and secondary listings, depository receipt issuances, debt capital-market transactions, and other capital-market advisory mandates. The firm proposes to provide transaction structuring, listing-readiness, execution and post-listing capital-markets support for companies seeking capital raising and listing opportunities through GIFT City's exchanges.
    August 13, 2026
    Show AI Summary
    Merchandise export growth was driven by petroleum, electronics, engineering and marine goods, while rising imports widened the trade deficit.
    India's merchandise exports increased in July, while imports also rose and widened the trade deficit. Export growth was attributed to higher overseas shipments of petroleum products, electronics, engineering goods and marine goods. Exports and imports both recorded growth during the April-July fiscal period, and exports to West Asian countries increased in July.

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      Corp. Laws / SEBI / IBC

      HIGHLIGHTS

      May 28, 2025

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      New Delhi, May 28 (PTI) Following are the top stories at 9 pm: NATION DEL10 PM-PROJECTS

      PM Modi on four-state tour to launch development projects New Delhi: Prime Minister Narendra Modi will be on a two-day trip to four states from Thursday to launch numerous development projects, as he keeps up a busy itinerary touring different regions in the run up to the first anniversary of his third term in office.

      DEL69 INDIA-TERROR-EAM

      India's right to defend its people against terrorism recognised by various countries: Jaishankar New Delhi: India gave a "firm, resolute and measured" response by destroying terror centres and launchpads in the wake of the Pahalgam attack, and the country's right to defend its people against terrorism has also been recognised by nations across the world, External Affairs Minister S Jaishankar said on Wednesday.

      DEL68 GOVT-DRILL

      Civil defence mock drill to be held on Thursday in western border states New Delhi: The government has decided to carry out a civil defence exercise on Thursday in all districts of states and Union territories adjoining the western border -- from Jammu and Kashmir to Gujarat -- on how to face air raids from enemy aircraft, drones, missile attacks among others.

      DEL67 CONG-GOGOI-LD SARMA

      'C-grade Bollywood movie that'll flop miserably': Gaurav Gogoi on Assam CM's allegations New Delhi: Debunking claims that he had alleged links with the Pakistani establishment, newly-appointed Assam Congress chief Gaurav Gogoi on Wednesday said he had gone to Pakistan only once 12 years ago and that the BJP was raking up the issue like a "C-grade Bollywood movie" that is going to "flop miserably".

      CAL34 MN-MLAs-LD GOVT

      44 MLAs ready to form new government in Manipur, claims BJP leader after meeting Guv Imphal: Forty-four MLAs are ready to form a new government in Manipur, BJP legislator Thokchom Radheshyam Singh claimed on Wednesday after meeting Governor Ajay Kumar Bhalla.

      DEL63 JK-SHAH-VISIT

      Amit Shah to arrive in Jammu on Thursday on 2-day visit Jammu: Union Home Minister Amit Shah will be reaching here on Thursday to review the security situation in Jammu and Kashmir, his first visit to the Union Territory post Operation Sindoor, officials said.

      DEL62 BJP- CONG- LD UDIT RAJ

      Udit Raj targeting Tharoor at Rahul Gandhi's behest for keeping national interest above party: BJP New Delhi: The BJP on Wednesday alleged that Congress leader Udit Raj has been attacking his party colleague Shashi Tharoor at the behest of Rahul Gandhi because the Kerala MP kept national interest above his party and the Gandhi family when it came to exposing Pakistan at the international forum.

      DEL61 CONG-THAROOR-2NDLD UDIT RAJ

      'BJP super spokesperson': Udit Raj slams Tharoor for 'crossed LoC for first time' remark New Delhi: Congress leader Shashi Tharoor should be made a "super spokesperson of the BJP", his party colleague Udit Raj said on Wednesday as the Congress took swipes at the MP for his reported remarks that India breached the Line of Control (Loc) for the first time during the 2016 surgical strike on a terror base.

      DEL30 TMC-PAR-LD SESSION

      Operation Sindoor: TMC demands special session of Parliament in June New Delhi: The Trinamool Congress (TMC) on Wednesday demanded that a special session of Parliament be held in June, before the Monsoon session, to get the government to answer some urgent questions on Operation Sindoor.

      MDS34 LD-HAASAN

      Haasan's comments on Kannada stir a row in Karnataka; actor indicates he won't apologise Bengaluru: Top actor Kamal Haasan's Kannada-Tamil remarks stoked a major row in Karnataka on Wednesday, prompting calls for his apology and threats to disrupt his upcoming flick "Thug Life," but the veteran indicated he would not budge, saying "love never apologises."

      DEL71 PB-LD DHINDSA-DEATH

      Veteran Akali leader Sukhdev Singh Dhindsa dies at 89 Chandigarh: Veteran Akali leader and former Union minister Sukhdev Singh Dhindsa died Wednesday evening following age-related health issues at a private hospital in Mohali. He was 89.

      DEL58 LADAKH TALKS-BREAKTHROUGH

      Ladakh groups say Centre agrees on domicile policy, jobs New Delhi: Ladakhis in talks with the Centre on Wednesday met Union Home Minister Amit Shah, and said that in a breakthrough, the two sides agreed on the issues of domicile policy, reservation, and recruitment.

      BOM24 MH-EOW-LD MOREA

      Mithi river desilting scam: EOW questions actor Dino Morea, brother for five hours Mumbai: The Economic Offences Wing (EOW) of the Mumbai police on Wednesday questioned Bollywood actor Dino Morea and his brother for five hours in the alleged Rs 65 crore Mithi river desilting scam, officials said.

      MDS29 KL-SHIPWRECK LD GOVT

      Authorities step up efforts to container ship sinking off Kerala coast Kochi: Authorities have ramped up efforts to contain pollution and recover containers after a Liberian-flagged container ship, MSC ELSA 3, capsized and sank off the Kerala coast on May 25.

      BUSINESS DEL59 BIZ-SEBI-INDUSIND

      Sebi bans IndusInd Bank's former CEO Sumant Kathpalia, 4 others from securities mkt New Delhi: Markets regulator Sebi on Wednesday barred former Chief Executive Officer of IndusInd Bank, Sumant Kathpalia, and four others from accessing the securities markets, in connection with an alleged case of insider trading in the bank's shares.

      LEGAL LGD17 SC-RAPE

      SC gives interim bail to 23-year-old influencer in rape case, says 'single hand can't clap' New Delhi: The Supreme Court on Wednesday gave interim bail to a 23-year-old accused of raping a 40-year-old, noting that charges had not been framed even though he has been in jail for nine months. It also said the woman was "not a baby" and "a single hand can't clap".

      LGD22 SC-MP MINISTER-FIR (CORRECTED)

      SC closes proceedings before MP HC against Vijay Shah for his remarks on Col Sofiya Qureshi New Delhi: The Supreme Court on Wednesday ordered closure of proceedings before the Madhya Pradesh High Court against state minister Vijay Shah for his remarks against Indian Army officer Col Sofiya Qureshi, saying it is now looking into the matter.

      LGD34 SC-ASSAM-LD ENCOUNTERS

      SC asks Assam Human Rights Commission to probe procedural lapses in police encounter cases New Delhi: The Supreme Court on Wednesday directed the Assam Human Rights Commission (AHRC) to conduct an independent probe into police encounter cases where proper procedure was allegedly not followed in the state between May 2021 and August 2022.

      LGD14 SC-RIDGE-TREE FELLING

      Tree felling in Delhi's Ridge area: SC finds DDA in contempt, orders extensive afforestation New Delhi: The Supreme Court on Wednesday held Delhi Development Authority (DDA) officials guilty of contempt for tree felling in the capital's Ridge area for widening a road and ordered extensive afforestation.

      FOREIGN FGN84: INDOPAK-LDALL DELEGATIONS

      All-party delegations receive support from world leaders in India’s fight against terror Riyadh/Rome/Athens/Jakarta: Saudi Arabia said it stands with India’s fight against terrorism emanating from Pakistan; Italy offered bilateral cooperation, while Indonesia extended its support to New Delhi’s stance against the global menace in all possible forums, the multi-party delegations said on Wednesday.

      PTI OZ OZ

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