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    Nagaland tax revenue rises to Rs 1,597 crore in FY'26
    India's Russian crude imports hit record for second straight month
    Stolen phone of 88-year-old leads Delhi Police to bust interstate cyber-fraud syndicate; 9 held
    Rupee falls 11 paise to close at 95.28 against US dollar on firm crude oil prices
    Loan Utsav 2026: Bajaj Finance Personal Loan Now Comes with an Exclusive Reward Bundle for Eligible Customers
    Freedom to Spend Smarter: AU Small Finance Bank Credit Cards Bring Rewards, EMI Flexibility and Lounge Access to India''s Biggest Shopping Month
    Rupee falls 8 paise to 95.25 against US dollar in early trade
    APEDA Facilitates First-Ever Export of GI-tagged Mithila Makhana by Sea Route from Bihar to Australia
    Government signs strategic MoUs with key industry leaders and ecosystems to strengthen support to StartUps
    No Charges for UPI Users
    Competition Commission of India (CCI) hosts BRICS Heads of Competition Authorities 2026 meeting
    ICoAS fraternity reaffirms commitment to cost optimisation for Atmanirbhar Bharat on ICoAS day 2026
    Govt to introduce bill in Lok Sabha to broaden NCDC's mandate for co-operative sector growth
    AAP govt indulged in large-scale financial irregularities, caused losses to exchequer: Delhi minister
    ED files chargesheets in 2 PMLA cases against Anil Ambani Group companies, ex-executives
    RJD criticises UDF govt's move not to disburse pensions through cooperative banks
    Raymond Limited reports a healthy Q1 FY27 performance
    Why Most People Choose the Wrong Savings Account And How Not to Be One of Them
    RBI has proactively helped UCBs; cooperatives should look at regulator differently: Shah
    Ministry of Agriculture, Food and Rural Affairs and aT Host '2026 K-Food Fair in New Delhi, India'
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    Show All SummariesHide All Summaries
    August 10, 2026
    Show AI Summary
    GST revenue collection drives tax growth while data scrutiny, taxpayer verification, and compliance capacity remain key administrative priorities.
    GST constituted the principal component of tax revenue for the 2025-26 fiscal year. Tax administration faces staff shortages, information-technology upgrade needs, and increased workloads from taxpayer registrations and return filings. Compliance oversight requires GST data scrutiny, risk assessment, identification of unregistered taxpayers, tax-evasion detection, and field verification of high-risk taxpayers. Long-term revenue planning sets progressively higher collection targets through 2063.
    August 10, 2026
    Show AI Summary
    Russian crude imports reshape India's refining trade as processed petroleum products reach sanctioning jurisdictions despite import restrictions.
    Indian imports of Russian crude oil reached a second consecutive monthly record in July 2026, with Russian crude forming the dominant share of India's Russian fossil-fuel purchases and more than half of total crude imports. Higher receipts through smaller terminals offset reduced volumes at Paradip. Indian refineries processing Russian crude also exported refined petroleum products to sanctioning jurisdictions, including the European Union, Australia and the United States, despite the European Union prohibition on imports of oil products made from Russian crude.
    August 10, 2026
    Show AI Summary
    Cyber-fraud through stolen phones allegedly used mule accounts, banking credentials and coordinated technical operations to divert victims' funds.
    Investigation into unauthorised withdrawals after theft of a mobile phone uncovered an alleged interstate cyber-fraud network using stolen devices, linked banking credentials and mule bank accounts. The scheme allegedly involved phone theft, supply of accounts and banking instruments, and a technical operation that accessed victims' accounts and routed funds for withdrawal or transfer. Digital surveillance, transaction mapping, seized devices, victim data and transaction records are being examined to identify linked complaints and the extent of funds allegedly diverted.
    August 10, 2026
    Show AI Summary
    Rupee depreciation reflected stronger dollar, elevated crude prices and geopolitical uncertainty, while portfolio inflows and equity gains provided support.
    The rupee depreciated against the US dollar amid a stronger dollar, higher global crude oil prices and uncertainty surrounding West Asia-related negotiations. Concerns over crude oil's potential impact on the trade deficit weighed on the currency, while positive domestic equity markets and foreign portfolio investment inflows provided support. Market caution remained focused on forthcoming US inflation data, dollar-index movements and Brent crude prices. Foreign-exchange reserves increased during the reported period.
    August 10, 2026
    Show AI Summary
    Collateral-free personal loans offer extended repayment flexibility, conditional reward benefits, and online application subject to eligibility and disbursal requirements.
    Loan Utsav 2026 provides eligible Bajaj Finance Personal Loan applicants an exclusive reward bundle where the loan is successfully disbursed during the campaign period. The collateral-free facility supports personal expenses, offers repayment tenures from 12 to 108 months, and may enable lower monthly EMI obligations through a longer selected tenure. Interest rates depend on eligibility, credit assessment, financial profile and lending criteria. Online applications require personal and financial details and required documents, with disbursal for eligible applicants possible after verification and approval.
    August 10, 2026
    Show AI Summary
    Credit card payment flexibility supports seasonal shopping and travel through eligible EMIs, rewards, tracking tools and conditional merchant benefits.
    Credit-card spending features include conversion of eligible purchases into EMIs, selected no-cost EMI options, reward points, cashback, merchant discounts and payment flexibility. Travel-related benefits may include domestic airport lounge access, travel-booking discounts, fuel-surcharge waiver and anniversary-linked rewards. The AU 0101 application enables transaction tracking, balance and interest-rate monitoring, EMI conversion and bill-payment management. Features and offers are subject to change, customer eligibility, internal policies and partner-merchant terms.
    August 10, 2026
    Show AI Summary
    Foreign-exchange market conditions weakened the rupee as stronger dollar and crude prices offset support from reserve growth and inflows.
    Foreign-exchange market conditions saw the rupee weaken against the US dollar in early trading, influenced by a stronger dollar and higher global crude oil prices. Foreign institutional equity inflows and increased foreign-exchange reserves moderated pressure on the rupee. Market attention remained focused on developments in West Asia and the Reserve Bank of India, alongside movements in the dollar index, crude oil prices and domestic equity markets.
    August 10, 2026
    Show AI Summary
    GI-tagged Mithila Makhana export facilitation expands sea-route market access while supporting quality compliance and farmer-linked value chains.
    Export facilitation for GI-tagged Mithila Makhana enabled the first commercial sea-route shipment from Bihar to Australia. APEDA, in association with the Bihar agriculture department, supported market access, coordination, capacity building and stakeholder engagement. The export model is intended to improve farmer price realisation, require adherence to global quality standards, and strengthen growers, processors and exporters. A separate HS Code for Makhana has taken effect under the Finance Bill, 2025, supporting product-specific trade classification.
    August 10, 2026
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    Startup ecosystem support expands through digital payments, cloud access, AI innovation, investment readiness, governance support and global market programmes.
    DPIIT has entered into strategic MoUs to support DPIIT-recognised startups through payment infrastructure, entrepreneurship development, cloud technology, mobility innovation, investment readiness and global-market access. Eligible startups may receive payment and cloud support, technical training, mentorship, startup formalisation assistance, market and investor connections, AI and mobility enablement, and programmes addressing governance, financial readiness, compliance and international expansion. The collaborations promote innovation across digital payments, clean energy, artificial intelligence, climate technology, advanced manufacturing, mobility and automotive technology.
    August 10, 2026
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    UPI transaction charges remain unavailable for consumers and person-to-person payments, while limited threshold-based merchant MDR may be considered.
    Proposed amendment of section 10A of the Payment and Settlement Systems Act, 2007 is intended to support UPI sustainability, technological advancement and resilience. Consumer payments and person-to-person transactions are to remain free. Any future merchant discount rate would apply only to limited merchant transactions above a threshold, at a nominal rate, while most merchant transactions remain free. The framework supports investment in cybersecurity, fraud prevention and infrastructure, alongside a self-sustaining and inclusive digital-payment ecosystem.
    August 10, 2026
    Show AI Summary
    Fair competition cooperation in renewable energy markets advances knowledge-sharing and evidence-based enforcement across interconnected digital and energy markets.
    BRICS competition authorities adopted a Joint Statement strengthening cooperation to promote fair competition, including in renewable energy markets. Cooperation focuses on dialogue, knowledge-sharing and consideration of cross-border competition challenges in digital markets, emerging technologies and the energy transition. Competition enforcement is to remain principled and evidence-based, supporting efficiency, consumer welfare, innovation and merit-based competition. A collaborative renewable-energy competition study identified evolving market dynamics and areas for future cooperation.
    August 10, 2026
    Show AI Summary
    Cost optimisation in public finance strengthens investment decisions, risk allocation, indigenous manufacturing and value-driven government expenditure through specialised financial expertise.
    ICoAS cost optimisation supports public financial management through prudent resource utilisation, financial oversight and improved cost management across government. Its role includes supporting indigenous manufacturing, better investment decisions, efficient public expenditure and maximum value for public spending. With greater private-sector participation and Public-Private Partnerships, ICoAS officers are expected to promote cost efficiency, appropriate risk allocation and sound project structuring. Capacity building emphasises integrity, financial modelling, data visualisation, analytical frameworks and artificial intelligence for improved public-finance management.
    August 9, 2026
    Show AI Summary
    Co-operative development financing would expand through direct assistance, share-capital participation and wider operational powers for sectoral support.
    National Cooperative Development Corporation (Amendment) Bill, 2026 proposes to broaden the Corporation's mandate to promote co-operative development. It would permit direct loans and grants to co-operative societies and other entities engaged in co-operative development, where funds are used for co-operative purposes. With Central Government approval, the Corporation could participate in the share capital of such entities. The proposals also expand the meaning of foodstuffs, remove geographical restrictions for industrial-goods assistance, and provide additional functional powers.
    August 9, 2026
    Show AI Summary
    GST compliance failures and electricity subsidy controls raise allegations of financial irregularities and potential losses to the public exchequer.
    Allegations based on a Comptroller and Auditor General report identified purported GST compliance failures involving outstanding tax liabilities, e-way bills generated after cancellation of GST registrations, limited bill scrutiny, non-compliance, and turnover mismatches. The allegations also concerned electricity subsidies extended to consumers with prolonged zero bills or apparent non-residence, presenting these issues as possible financial irregularities and losses to the public exchequer.
    August 9, 2026
    Show AI Summary
    Money-laundering prosecution complaints allege fund diversion through shell entities, credit-facility evergreening, layered transactions and fictitious project expenditure.
    Money-laundering prosecution complaints allege that funds from toll-road projects and credit facilities were diverted through group companies, contractors, shell entities and conduit accounts. In the toll-road matter, allegedly sham or back-dated subcontracting arrangements and subsequent documentation were used to portray transfers as genuine project expenditure. In the credit-facilities matter, fresh facilities were allegedly used to repay, rotate and evergreen earlier liabilities rather than for sanctioned end-use, with funds layered and presented as legitimate business expenditure or receipts. Attached assets are sought to be confiscated as alleged proceeds of crime.
    August 9, 2026
    Show AI Summary
    Direct Benefit Transfer pension disbursement replaces cooperative-bank doorstep delivery, while preserving home payments for beneficiaries unable to use bank accounts.
    Direct Benefit Transfer of social security and welfare pensions to Aadhaar-linked bank accounts is intended to replace cooperative-bank doorstep delivery, except for bedridden and similarly situated beneficiaries. The change addresses delays in remitting undistributed pensions, deficient record updates and reconciliation, duplicate payments, delivery incentives, and compliance with Direct Benefit Transfer norms. Criticism focuses on beneficiary access to linked commercial-bank accounts, possible minimum-balance deductions, exclusion of cooperative banks, and the effect on doorstep-delivery workers.
    August 8, 2026
    Show AI Summary
    Engineering business growth supported Raymond's first-quarter performance, with export expansion, capacity investment and net-debt-free financial flexibility.
    Raymond Limited reported unaudited first-quarter FY27 growth in total income, EBITDA and profit before tax before exceptional items, while remaining net-debt-free with a net cash surplus. Its Engineering business comprises Precision Technology & Auto Components and Aerospace & Defence. Growth in the former was attributed to export expansion, operating leverage, product mix and cost reductions. Aerospace & Defence growth was linked to production for global OEMs, portfolio expansion and increased capacity, although margins were affected by targeted research and development investment. Forward-looking statements remain subject to regulatory, political, economic and technological risks.
    August 8, 2026
    Show AI Summary
    Savings account selection requires comparison of effective interest, fees, digital service, access, and individual banking needs.
    Savings-account selection should compare effective interest returns under slab-based rates, recurring operating charges and the customer's actual banking needs. Net value depends not only on advertised rates but also on relevant minimum-balance, card, ATM, alert and transfer fees. Digital reliability, customer support, branch availability and ATM access should be assessed according to the customer's average balance, cash use, transfer frequency, travel patterns and need for in-person assistance. The suitable account is one that matches real banking behaviour.
    August 8, 2026
    Show AI Summary
    Urban cooperative bank regulation promotes licensing, governance, compliance support and cybersecurity measures to strengthen stability and depositor confidence.
    Urban cooperative banks are encouraged to recognise regulatory support through liberalised branch opening, doorstep banking, demand drafts, life certificates, dedicated regulatory coordination, enhanced gold-loan limits, one-time settlements and progress towards on-tap licensing. Sound governance is material to sectoral stability, while small-borrower lending is presented as a comparatively safe lending segment. The umbrella body can support member banks through technical expertise, compliance assistance, cybersecurity solutions and participation in a security operations centre to strengthen depositor confidence.
    August 8, 2026
    Show AI Summary
    Korean food export promotion combines buyer consultations, regulatory guidance and consumer experiences to support entry into Indian and South Asian markets.
    Korean food export promotion in India and South Asia combined business consultations with consumer-facing activities. Individual meetings connected Korean exporters with regional buyers and generated memoranda of understanding for products including frozen gimbap, ginseng wine and kombucha. Exporters received on-site guidance concerning non-tariff barriers, including food import customs clearance and certification requirements. Preparatory online sessions addressed import procedures, regulatory matters and consumer trends, while consumer events promoted Korean food through tasting, retail and experiential activities.

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      Corp. Laws / SEBI / IBC

      HIGHLIGHTS

      July 8, 2025

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      New Delhi, Jul 8 (PTI) Following are the top stories at 9.13 pm: NATION DEL54 STRIKE-UNIONS

      Trade unions, farmer bodies to go on general strike on Wed; may disrupt banking, other services New Delhi: Banking, postal and other services are likely to face disruption on Wednesday as more than 25 crore workers affiliated with central and sectoral trade unions have announced to go on strike across the country to protest against new labour codes and privatisation, and press for demands such as minimum wage of Rs 26,000 and old pension scheme, according to union leaders.

      DEL41 INDIA-EQUALITY-BJP

      India more equal now than under UPA rule: BJP New Delhi: The BJP asserted on Tuesday that inequality in the country has declined significantly under the Modi government compared to the rule of Congress-led UPA, as it cited the World Bank report which stated that the country has reached fourth position globally in equality with a Gini Index score of 25.2.

      BOM48 MH-MNS-LDALL PROTEST

      High drama in protest march over Marathi cause as MNS workers detained, Sena minister heckled Thane: High drama unfolded in Mira Bhayandar area near Mumbai on Tuesday as hundreds took part in a protest march led by the MNS and other groups to defend the Marathi 'asmita' (pride) amid rising political heat following the attack on a shopkeeper for refusal to speak Marathi.

      DEL39 ENV-OVERAGE VEHICLES-FUEL BAN

      Overage vehicle fuel ban in Delhi to be put on hold until Nov 1: CAQM sources New Delhi: The Centre's panel on air quality in Delhi-NCR on Tuesday decided to put on hold the implementation of the fuel ban on end-of-life (EOL) or overage vehicles in the national capital until November 1, sources said.

      DEL43 BJP-WB-GANGRAPE-REPORT

      Kolkata law student's gang-rape: BJP fact-finding team recommends probe by central agency New Delhi: A BJP fact-finding team has recommended a probe by a central agency into the gang rape of a law student in Kolkata, claiming the state police's way of handling the case raises suspicion of attempts being made to save the culprits.

      DEL42 PAR PANEL 2ND LD AVIATION SAFETY

      Parliamentary panel meeting: DGCA assures of mechanism to curb airfare surge; MPs flag aviation safety New Delhi: Aviation regulator DGCA said on Tuesday it will put in place a mechanism to curb whopping surge in air ticket prices, recently witnessed during the Maha Kumbh and post-Pahalgam terror attack, as the issue coupled with concerns over air safety after the Ahmedabad plane crash dominated proceedings at a parliamentary panel meeting.

      DEL30 CONG-SEBI-JANE STREET

      Cong questions govt, SEBI for inaction in checking outflow of Jane Street's 'illegal profits' New Delhi: The Congress on Tuesday questioned market regulator SEBI and the government for failing to protect the interest of small investors and check outflow of "illegal profits" made by US algorithm trading firm Jane Street through stock market manipulation.

      DES78 PB-BUSINESSMAN-ENCOUNTER

      Businessman murder: Two suspects killed in encounter in Abohar Abohar: Two persons allegedly involved in the murder of businessmen Sanjay Verma here were shot dead on Tuesday in Panj Peer Tibba area during an exchange of fire with a police team that had gone to the site to seize weapons and other evidence of the crime, a senior police official said.

      MDS14 TN-TRAIN-3RD LD ACCIDENT

      Three school students killed in van-train collision in TN; Railway gatekeeper arrested Cuddalore (Tamil Nadu): Three school students were killed in this district on Tuesday when the van they were travelling in collided with a passenger train, even as different versions of the tragic incident surfaced.

      DEL44 DEF-ROCKET

      India successfully tests anti-submarine rocket system New Delhi: India has tested an extended range anti-submarine rocket system that is expected to significantly enhance the Indian Navy's fire power.

      DEL32 BIZ-IPHONE-INDIA

      Chinese techies return not to impact iPhone 17 production, Apple's ramp-up plan intact: sources New Delhi: The return of Chinese technology professionals from an Apple vendor's facility will have no impact on the production of the upcoming iPhone 17, sources aware of the development said on Tuesday. By Prasoon Srivastava

      DEL29 MOE-SURVEY-MATHS

      Only 53 pc of students in Class 6 know tables up to 10: Education ministry survey New Delhi: Only 55 per cent of Class 3 students can arrange numbers up to 99 in ascending or descending order while only 53 per cent of them in Class 6 know tables up to 10, a Ministry of Education (MoE) survey has found.

      DES45 DL-ROADS-ENCROACHMENT-REMOVAL

      Delhi authorities clear encroachments from 1,034 km stretch of roads, footpaths; reclaim public space New Delhi: Delhi authorities have cleared 1,034.37 kilometres of roads, service lanes and footpaths of encroachments in the first five months this year, significantly reclaiming public space across the city. By Siddhanta Mishra

      BUSINESS DEL46 BIZ-X ACCOUNT-GOVT

      Govt denies making any fresh demand for blockage of global wire agency's X account New Delhi: The government on Tuesday said it has not made any fresh requests to block access to certain X accounts in the country and that it had proactively got blockage of a prominent international wire agency lifted.

      LEGAL LGD7 SC-BIHAR-ELECTORAL ROLLS PLEA

      Plea in SC seeks electoral roll revision before every poll in country New Delhi: A plea in the Supreme Court has sought Special Intensive Revision (SIR) of electoral rolls, particularly before parliamentary, state assembly and local body elections in the country.

      LGD13 LAWYERS STRIKE

      Shifting of digital courts: Karkardooma lawyers end hunger strike New Delhi: Lawyers protesting the shifting of digital courts from Karkardooma to Rouse Avenue courts on Tuesday ended their hunger strike.

      LGD12 DL-COURT-NATIONAL HERALD

      National Herald case: ED opposes arguments of accused persons New Delhi: The Enforcement Directorate (ED) on Tuesday opposed the contention of the accused persons who concluded their arguments in the National Herald case.

      LGD11 DL-HC-RIOTS

      2020 Delhi riots: How long can accused be kept in jail? Delhi HC asks New Delhi: The Delhi High Court on Tuesday asked Delhi Police for how long could the accused persons be kept in jail after highlighting the passage of five years and arguments on charge still not being concluded in the terror case related to February 2020 riots.

      LGD8 RJ-HC-ASARAM

      Rajasthan HC extends convict Asaram's interim bail in 2013 rape case Jodhpur: The Rajasthan High Court on Tuesday extended the interim bail granted to self-styled godman Asaram, who is serving life term for raping a minor disciple at his gurukul.

      LGD10 DL-HC-CALL INTERCEPTION

      Delhi HC rejects plea for destroying transcripts of calls, texts intercepted by CBI New Delhi: The Delhi High Court has rejected an accused's plea for destroying transcripts of calls and messages allegedly illegally intercepted by CBI, underlining corruption's "pervasive impact" on country's economy.

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