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    Conference on “Financing India’s Journey towards Viksit Bharat” concludes in New Delhi
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    Trump used to slam China. Here's why he's now rolling out the red carpet for Xi
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    US tariffs on Indian goods: A Chronology
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    OnEMI Technology Solutions Limited’s Board Approves Fundraise of approximately ₹832 Crore through a Preferential Issue of Securities
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September 21, 2026
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PMLA-IBC interface examines challenges in harmonising insolvency resolution with money-laundering asset attachment, investigation, tracing and enforcement.
The PMLA-IBC interface addresses reconciliation of insolvency resolution with anti-money-laundering enforcement where corporate debtor assets are attached during resolution. Section 32A is central to this interaction, although harmonised implementation remains challenging. The framework also considers money-laundering stages, hawala transactions, financial investigation, asset tracing, and evolving judicial approaches to aligning insolvency objectives with enforcement measures.
September 21, 2026
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Evolving insolvency law relies on legislative amendments and regulatory mechanisms to respond effectively to changing market conditions.
Subordinate legislation and regulatory mechanisms are important tools for maintaining responsiveness within the insolvency framework. Regulations may be framed for provisions of the Code and for fulfilment of its purposes and objectives, enabling practical responses to emerging issues. The interaction between primary legislation, regulations and market developments supports continuing refinement of insolvency law in line with changing conditions.
September 20, 2026
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Tariff policy and trade truce reshape bilateral engagement as rare-earth leverage limits coercive economic measures.
United States-China trade relations are being conducted through continued tariff policy, prior export restrictions, and a trade truce after escalating tariffs did not achieve their intended effect of changing Chinese economic conduct. China's concentrated supply of rare-earth inputs used in electronics provided negotiating leverage and contributed to the trade armistice. Indications that Chinese goods are routed through third countries to lessen tariff exposure qualify the decline in the bilateral goods imbalance. Continued tariffs have not constrained China's manufacturing expansion or its access to export markets.
September 20, 2026
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Ten-year director tenure cap governs removal of ineligible cooperative bank board members after regulatory review.
RBI required Latur District Central Cooperative Bank to remove directors considered ineligible for exceeding the ten-year maximum tenure applicable to district central cooperative bank directors. The action invoked director ineligibility under the Banking Regulation Act. Following a complaint and a court-directed timeline for regulatory action, RBI sought responses from the concerned directors, seven of whom resigned. An issue was raised over whether the tenure cap could apply retrospectively to appointments made before its stated commencement and whether it was being applied uniformly.
September 19, 2026
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Biometric Aadhaar authentication becomes essential for domestic LPG consumers seeking regulated subsidised refill bookings, while market-price supply remains available.
Biometric Aadhaar authentication is required from October 1 for domestic LPG consumers to book subsidised refills at the regulated retail selling price. Authentication can be completed through delivery personnel, distributor showrooms or designated mobile applications. Consumers unwilling or unable to authenticate may obtain LPG at the applicable market price without subsidy after registering their choice through specified digital channels. The framework distinguishes subsidised LPG linked to Aadhaar-authenticated consumers from market-priced LPG and seeks targeted subsidy delivery, reduced leakage, and prevention of diversion, duplicate connections and ineligible access.
September 19, 2026
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Cooperative bank director tenure limits require disqualification and removal when service exceeds the statutory maximum period.
Directors of District Central Cooperative Banks and Central Cooperative Banks are subject to a maximum 10-year tenure under the Banking Regulation Act, 1949, as amended by the Banking Laws (Amendment) Act, 2025. RBI directed removal of a director ineligible to continue under section 10A(2A)(i), read with section 56, following concerns that directors of Latur District Central Cooperative Bank had exceeded the permitted tenure.
September 19, 2026
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Tariff treatment of Indian exports shifted from reciprocal duties to targeted trade measures, sectoral duties, and specified exemptions.
Upon expiry of the temporary global measure, an India-targeted 10 per cent Section 301 tariff, linked to forced-labour concerns, replaced it; the effective charge for most covered exports remained MFN duty plus 10 per cent. The current regime applies the Section 301 tariff to Indian exports except specified goods, with separate sectoral duties on steel, aluminium and auto components. Smartphones, medicines and energy products are exempt.
September 19, 2026
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PMLA-based FIR request over alleged consultancy payments remains under legal examination amid criticism of non-registration.
Enforcement Directorate sought registration of an FIR concerning alleged fraudulent payments by Cochin Minerals and Rutile Ltd to Exalogic Solutions, represented as IT consultancy fees. The request relied on evidence gathered through investigation and searches under the Prevention of Money Laundering Act. Registration remained under consideration after receipt of the Advocate General's legal opinion, with the Home Department examining the matter.
September 19, 2026
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Free trade agreements expand market access, entrepreneurial partnerships and youth career opportunities alongside public-sector recruitment and development participation.
Free Trade Agreements are presented as mechanisms for expanding cross-border partnerships, market access for entrepreneurs, and career opportunities for young persons. Youth employment is also linked to the expansion of the startup ecosystem beyond major cities and to public-sector recruitment through Rozgar Melas. Newly selected candidates are to join central government ministries, departments and organisations. Public service is framed around citizen-centred administration and decisions supporting a developed and self-reliant India.
September 19, 2026
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AI governance for regulated financial services enables natural-language automation while preserving enterprise security, auditability, control, and scalable deployment.
Assist-Edge enables teams to describe intended processes in natural language and use AI to create, modify, and enhance executable workflows. Working with reusable AI agents and workflows, it supports discovery, customisation, deployment, and scaling of enterprise automation. For banking, financial services, and insurance operations, its use is positioned alongside security, governance, auditability, and control, supporting governed adoption of scalable AI capabilities and movement from isolated experimentation to enterprise-wide intelligent automation.
September 19, 2026
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Recurring token reward distributions connect eligible holdings, platform activity, and partner participation through hourly settlement cycles.
BC Engine permits eligible $BC holdings to participate in hourly settlement rounds distributing BCD rewards. Participants can monitor active balances, cumulative rewards, unclaimed BCD, and settlement history through the Engine interface. Settlement amounts vary with ecosystem activity, while the mechanism links platform activity, token utility, user participation, and commercial partners through repeated value distribution rather than one-time promotional incentives.
September 19, 2026
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Asset monetisation of surplus public land and buildings is accelerated through transparent, value-oriented processes and stakeholder coordination.
NLMC's Board recommended monetisation proposals involving surplus land and building assets valued at over Rs. 5,000 crore. Monetisation is facilitated through asset identification, due diligence, valuation and appropriate process structuring, with emphasis on transparency, efficiency and value realisation. Sustained coordination with asset-owning entities is intended to expedite implementation and support timely, commercially appropriate monetisation of underutilised public assets.
September 19, 2026
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Zero forex markup on credit cards applies automatically to international transactions without conditions while preserving applicable rewards.
Zero Forex Markup applies automatically to international transactions made through all existing and new credit cards, without a new-card application, upgrade, spending threshold or other stated condition. International card spends do not attract forex markup charges. Reward Points or Cashback, where applicable to the relevant card, continue on international transactions. Existing credit cards may be used for overseas and cross-border payments without requiring a separate forex card solely to avoid such charges.
September 18, 2026
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Foreign exchange reserve valuation reflects currency movements as foreign currency assets and gold holdings decline.
India's foreign exchange reserves declined to USD 780.782 billion for the week ended September 11, driven by reductions in foreign currency assets and gold holdings. Foreign currency assets fell to USD 645.796 billion, with their dollar value reflecting movements in reserve currencies against the US dollar. Gold reserves also declined, while Special Drawing Rights increased to USD 18.845 billion. The reserve position with the IMF stood at USD 4.916 billion.
September 18, 2026
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Bulk sugar stockholding limits now allow expanded inventories only where additional supplies derive from designated import channels.
Bulk sugar consumers using more than 10 tonnes monthly as a raw material may hold up to 30 days' requirement instead of 15 days. Holdings above 15 days must consist exclusively of sugar imported under the Tariff Rate Quota or Advance Authorisation Scheme; sugar obtained from the open market remains restricted to 15 days' consumption. Bulk consumers must declare and disclose their sugar inventories every Friday through the food ministry's online portal.
September 18, 2026
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Trade facilitation and digitalisation support regional economic cooperation through simpler customs procedures, paperless exchange, resilient supply chains, and MSME access.
Priority measures included expanded intra-SCO trade, lower trade costs, resilient and diversified supply chains, trusted multimodal connectivity, greater market access, simplified customs processes, paperless trade and electronic document exchange. Digital and cross-border payments and accessible trade finance were identified to enable MSMEs and start-ups to participate in trade and value chains. Ministers agreed an Action Plan for 2026-2030 for further approval and approved regulations for a special working group on creative-economy development.
September 18, 2026
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Customs cooperation and trade facilitation advance electronic origin verification, pre-arrival information exchange, and safeguards against preferential trade misuse.
Customs cooperation and trade facilitation measures included pre-arrival information exchange, electronic verification of Certificates of Origin, and Customs automation and digitalisation. These measures are directed at facilitating legitimate trade while ensuring compliance with applicable rules and preventing misuse of preferential trade arrangements. Rail and road connectivity, freight movement, Integrated Check Posts and land-port infrastructure were reviewed to improve infrastructure utilisation and address operational bottlenecks affecting bilateral and transit trade.
September 18, 2026
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Preferential equity issuance approved to strengthen capital, support digital lending expansion, and fund subsidiary operations subject to required approvals.
OnEMI Technology Solutions Limited has approved a preferential issue of equity shares to identified investors, subject to shareholder and requisite regulatory and statutory approvals. The issuance is proposed under the Companies Act, 2013, the SEBI capital-issue and disclosure framework, other applicable SEBI regulations, and applicable law. Seventy-five per cent of the additional capital raised is proposed for infusion into its wholly owned subsidiary to support lending, technology, digital capabilities and product expansion, while the remaining twenty-five per cent is proposed for general corporate purposes.
September 18, 2026
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Fraudulent input tax credit claims through bogus invoices prompted arrest over alleged invoicing without actual supply of goods.
Alleged fraudulent availment, utilisation and passing on of inadmissible input tax credit involved invoices from purported suppliers found to be non-existent, non-functional, suspended or cancelled. Input tax credit was allegedly claimed without actual receipt of goods and passed on through invoices unsupported by corresponding supplies. Following investigation and recorded statements, the proprietor of an iron and steel trading firm was arrested under statutory arrest powers, while further investigation remains in progress.

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May 31, 2025

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New Delhi, May 31 (PTI) Following are the top stories at 9 pm: NATION BOM19 MP-LD MODI

Bullets will be answered with cannon balls: PM Modi warns Pak; calls sindoor symbol of valour Bhopal: Prime Minister Narendra Modi on Saturday said proxy wars by terrorists will not work and bullets will be answered with cannon balls, adding that 'sindoor' has become a symbol of valour following India's response to the Pahalgam terror attack.

DEL26 GLACIERS-INDIA

Developed countries must lead climate action to protect glaciers: India New Delhi: Glaciers are among the most visible indicators of climate change, and countries that have contributed the most to global historical emissions must lead in immediate and strong emission reductions to protect them, India has said.

DEL15 INDOPAK-CDS-LOSSES-LD CONG

Reveal truth to country: Cong to govt after CDS' remarks on losses in Operation Sindoor New Delhi: The Congress asked the government on Saturday to truthfully tell the country what losses were suffered during the four-day conflict with Pakistan after Chief of Defence Staff Gen Anil Chauhan acknowledged aircraft loss in the hostilities.

DEL17 VALMIK THAPAR LD DEATH

Tiger conservation pioneer Valmik Thapar dies at 73 New Delhi: Valmik Thapar, one of India's most eminent wildlife conservationists and authors who devoted his life to the protection of tigers, died at his residence Saturday morning. He was 73 and had been diagnosed with cancer in 2024.

DEL21 ARMY-TECH-TRIALS

Army conducts trials of next-gen def systems under near-combat conditions New Delhi: The Indian Army is conducting field trials of several cutting-edge defence systems under "near-combat conditions", integrating electronic warfare simulations, to assess their performance rigorously, officials said on Saturday.

DEL25 DL-COVID-LD DEATH

Elderly woman with acute intestinal obstruction tests Covid positive in Delhi; dies New Delhi: A 60-year-old woman who was suffering from acute intestinal obstruction and had tested positive for COVID-19 has died in Delhi, officials said on Saturday.

DEL16 KUKI-MANIPUR-BUFFER ZONES Kuki groups demand maintaining buffer zones in Manipur, separate Union territory with legislature New Delhi: Kuki groups on Saturday demanded that buffer zones should be maintained in Manipur as a "protective measure" unless a comprehensive political solution such as a Union territory with legislature is achieved.

CAL23 AS-RAIN-2NDLD SITUATION

5 killed in landslides in Assam as heavy rainfall causes floods in several districts Guwahati: Five persons were killed in landslides in Assam in the last 24 hours as incessant rain led to floods in six districts, affecting over 10,000 people, an official bulletin said on Saturday.

MDS7 KL-UDF-2NDLD ANVAR

Not joining UDF, will not contest in Nilambur bypoll: P V Anvar Malappuram (Kerala): Trinamool Congress (TMC) state convener P V Anvar on Saturday said he was not interested in being part of the Congress-led UDF alliance any more, but he will not contest in the upcoming Nilambur assembly bypoll either as he does not have the money needed for it.

BUSINESS DEL28 BIZ-FM-WEALTH

Profits earned through ethical means create wealth for nation: FM New Delhi: Finance Minister Nirmala Sitharaman on Saturday said the government led by Narendra Modi refers entrepreneurs as wealth creators as the profit earned by them through ethical ways help drive development goals.

LEGAL LGD7 SC-DEPORTATION-ASSAM

Plea in SC claims 'sweeping' drive by Assam to deport persons suspected to be foreigners New Delhi: A plea has been filed in the Supreme Court alleging that the Assam government has reportedly launched a "sweeping and indiscriminate drive" to detain and deport persons suspected to be foreigners without nationality verification or exhaustion of legal remedies.

LGD6 UP-LD CJI

Constitution should be credited for keeping country united during crises: CJI Gavai Prayagraj (UP): The Constitution has ensured that whenever the country has faced a crisis, it has remained united and strong, Chief Justice of India (CJI) B R Gavai said on Saturday.

LGD8 UP-COURT-ANSARI

Mukhtar Ansari's MLA son Abbas sentenced to two-year jail in hate speech case Mau (UP): Uttar Pradesh MLA Abbas Ansari, son of gangster-turned-politician Mukhtar Ansari, was sentenced to two years imprisonment in a 2022 hate speech case by a special MP-MLA court on Saturday.

FOREIGN FGN49 INDOPAK 2ND LD CDS-LOSSES

CDS Gen Chauhan acknowledges loss of aircraft in clashes with Pakistan Singapore/New Delhi: India rectified tactics and hit deep inside Pakistani territory after suffering losses of aircraft in the recent military clashes with Pakistan, Chief of Defence Staff Gen Anil Chauhan said on Saturday while dismissing as "absolutely incorrect" Islamabad's claim of downing six Indian jets.

FGN51 INDOPAK-LDALL DELEGATIONS

All-party delegations receive support from world leaders in India’s fight against terror, Colombia withdraws statement offering condolences to Pak Bogota/Copenhagen/Addis Ababa: As all-party parliamentary delegations continued global outreach on Saturday, meeting multiple stakeholders in various countries, Colombia withdrew a statement offering condolences to Pakistan for the loss of lives following India's Operation Sindoor.

PTI OZ OZ

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