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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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NABA, Nuova Accademia di Belle Arti, announces International Expansion with New London Campus Opening in 2026

July 14, 2025

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MILAN, July 14, 2025 /PRNewswire/ -- NABA, Nuova Accademia di Belle Arti, is proud to announce the forthcoming opening of a new venue in the city of London. The London campus – NABA's first outside Italy – will take its place in the context of the Here East innovation and technology campus inside the Olympic Park and, starting from October 2026, it will be a strategic hub for the Academy's process of internationalisation and the benchmark for other future centres outside Italy.

London has long been an international point of reference for artistic and creative education and is a strategic centre where innovation, culture and new trends in the sectors of art, fashion design and design come together, offering a dynamic educational proposal that is integrated with the evolution of the contemporary panorama. The opening of the new campus will enable NABA to take its place in an ideal context for cultivating new talent and promoting Italian heritage and know-how, as well as making a major contribution to building and shaping the future of the creative industries, in line with the Academy's mission "Through Artistic Intelligence, we nurture people to design a new tomorrow." The launch phases are being overseen by Daniele Bisello o Ragno, Managing Director of NABA, Nuova Accademia di Belle Arti, along with Guido Tattoni, NABA Dean, and the Academy's Leadership Team: together, they are successfully driving forward its development strategy at the international level, of which the forthcoming London opening will be the first major milestone.

Specifically, the new London campus – the third after Milan and Rome – will offer an educational proposal made up initially of three BAs in Design, Fashion Design and Fashion Marketing Management in addition to the Foundation Course from the start of the 2026/27 Academic Year. The programmes, all delivered in the English language, will be characterised by a strong practical, interdisciplinary orientation and connected with the world of work, thanks to laboratories furnished with technical equipment, where students will have the opportunity to create their own projects and improve their techniques: the Design Lab, the Fashion Design Lab and the Textile and Knitwear Lab, in addition to a studio classroom and a number of creative spaces. Students will be offered educational and academic services equivalent to the other two Italian centres with the possibility of making use of the Career Service, assistance in obtaining the necessary visas, psychological counselling and a library. The admission criteria will be in line and consistent with the model of NABA campus in Milan and Rome, with the option of transferring from one to another. Participants who successfully complete the three-year courses will obtain a BA (Hons) Degree accredited by Regent's University London, a leading historic London institution at the international level and, since 2020, part of the Galileo Global Education (GGE) group of which NABA is also a part. Through the partnership with the Academy, students will be offered the opportunity to obtain a qualification valid in the United Kingdom and recognised at the international level.

The site will cover an area of more than 2,000 square metres within the innovation and technology centre 'Here East' in the heart of the Olympic Park, one of the most dynamic and innovative areas of the city and home of the Liverpool Media Academy, also part of the GGE group. London is a real outdoor laboratory, an ecosystem where artistic know-how merges with innovation and where the Academy's "learning by doing" approach can be showcased, characterised by the determination to create connections and openness to the future, not only as a space dedicated to education but also as an organisation where students can gain hands-on experience while working on real briefs and projects with companies and institutions, with the aim of thoroughly training the professionals of the future. Moreover, it will be an innovative centre with a focus on digital technologies and a sustainable approach, in line with NABA's sustainability manifesto.

"At NABA, we believe in an education that trains people, not just professionals. With this opening, the Academy is strengthening its global vocation, creating an environment where cultures come together to design tomorrow together. The NABA campus in London will be an important step that allows us to replicate outside Italy the didactic and educational approach that has always set us apart and enables us to consolidate the Academy's positioning in the panorama of artistic education at the international level. Indeed, NABA was included in the 2025 QS World University Rankings® by Subject as the first and only Italian Academy of Fine Arts to be among the 100 best universities in the world in the field of Art & Design. Our aim is not just to offer an alternative to the great British institutions, we want to introduce a new voice, able to unite heritage and the avant-garde," said Daniele Bisello o Ragno, Managing Director of NABA, Nuova Accademia di Belle Arti. And he added: "Our uniqueness lies in the combination of the excellence of Italian design and an experiential and creative educational approach with interdisciplinary, tech-driven programmes connected with the creative industries. We offer classes tailor-made for the student, a 'boutique' model that values individual talent. Our wish is to be able to offer a model that can be replicated in other countries, in the short and long term. We hope that London is the first of many new premises at the global level." For further information visit www.naba.it.

NABA, Nuova Accademia di Belle Arti NABA is an international Academy focused on arts and design: it is the largest Academy of Fine Arts in Italy, and the first one to have been recognised by the Italian Ministry of University and Research (MUR), back in 1981. In its campus in Milan, Rome and now also in London, NABA offers academic diplomas equivalent to first and second level university degrees in the fields of design, fashion design, graphics and communication, multimedia arts, new technologies, set design, visual arts, as well as PhD and Special Programmes. The Academy was founded by Ausonio Zappa in Milan in 1980 with the involvement of Guido Ballo and Tito Varisco during a first phase, later attracting to its faculty artists such as Gianni Colombo and many others, the idea being to abandon rigorous academic traditions and instead introduce new visions and languages based on contemporary artistic and professional practice. NABA was selected by Frame to be included in the Masterclass Frame Guide to the 30 World's Leading Graduate Design, Architecture and Fashion Schools, and by Domus Magazine as one of Europe's Top 100 schools of Architecture and Design.

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

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