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September 2, 2026
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E-auction of surplus public land enables transparent outright sale of RINL parcels through registered, KYC-verified bidding.
National Land Monetization Corporation will facilitate the e-auction and outright sale of 459 encumbrance-free RINL land parcels, including residential plots and parcels suited for commercial and logistics use. Competitive bidding will occur through the RailTel E-Nivida e-procurement platform. Participation requires online registration, KYC verification, and plot-wise submission of an earnest money deposit within prescribed timelines. The process supports transparent monetisation of surplus land and non-core public assets.
September 2, 2026
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Competition approval for infrastructure finance restructuring covers acquisition, minority transfer, investment divestment, and merger of regulated NBFCs.
Competition Commission of India approval applies to the acquisition of Aseem Infrastructure Finance Limited by TPG Nicobar SG Pte. Ltd., a subsequent minority share acquisition by ICICI Bank Limited, and Aseem's divestment of its shareholding in NIIF Infrastructure Finance Limited to National Investment and Infrastructure Fund II. Following the acquisition, Climate Finance India Private Limited is intended to merge into Aseem as the surviving entity. The entities involved include RBI-registered non-deposit taking NBFCs operating in infrastructure finance, investment and credit, and infrastructure debt financing.
September 2, 2026
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Healthcare merger approval enables KCIL to acquire fertility and specialty hospital businesses alongside related equity issuances and investment.
Competition Commission approval covers KCIL's acquisition of up to 100% equity shareholding in AFCPL and 100% equity shareholding in ASHPL. The combination includes KCIL issuing equity shares and optionally convertible debentures to AHLL, representing 9.9% fully diluted shareholding as partial consideration, together with a further KCIL equity investment by Arvon Investments Pte. Ltd. KCIL operates mother and baby care hospitals, while AFCPL provides assisted reproductive treatment and reproductive-medicine services.
September 1, 2026
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Money-laundering investigation into alleged District Mineral Fund diversion examines purported liaison activity and asset acquisition through proceeds of crime.
Money-laundering proceedings under the Prevention of Money Laundering Act concern alleged diversion of District Mineral Fund resources through the Chhattisgarh Seed Corporation. The investigation alleges siphoning of public funds by contractors in collusion with government officials and political executives. A businessman was identified as an alleged liaisoner and financial coordinator between public servants, district authorities and private vendors. Allegations also include receipt of commissions, acquisition of immovable assets from purported proceeds of crime, non-production of records, and contradictory statements during questioning.
September 1, 2026
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Foreign exchange market dynamics: rupee appreciation reflected portfolio inflows, domestic growth, and possible central-bank intervention amid external pressures.
The rupee appreciated against the US dollar, supported by domestic growth, controlled fiscal slippage, portfolio-related inflows and possible Reserve Bank of India intervention. Its gains were limited by weak equity markets, rising crude oil prices and a stronger dollar. External geopolitical tensions and hawkish US monetary signals remained potential pressures. Domestic indicators showed strong economic activity, while the current account deficit widened because of a higher merchandise trade deficit. Foreign portfolio inflows continued despite investors remaining net sellers during the year.
September 1, 2026
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Current account deficit widened as merchandise trade deficit increased, notwithstanding stronger services receipts, remittances, and foreign direct investment inflows.
India's current account deficit widened in the first quarter of 2026-27 as the merchandise trade deficit increased. Higher net services receipts, increased personal transfer receipts and lower net primary-income outgo partly supported the external account. Financial-account movements included higher net foreign direct investment inflows, a shift in foreign portfolio investment from net inflow to net outflow, and lower net inflows through non-resident deposits and external commercial borrowings. Foreign exchange reserves declined on a balance-of-payments basis during the quarter.
September 1, 2026
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Technology-enabled tax compliance and enforcement supported higher commercial tax collections, while GST rate reductions moderated sectoral net GST growth.
Technology-enabled tax administration supported commercial tax and net GST collection growth in Andhra Pradesh during August 2026 and the cumulative period through August. AI-based analytics and scrutiny, IGST reversals, UPI-based enforcement, registration verification, Aadhaar authentication, digital payment enablement, predictive analytics and data sharing strengthened compliance, scrutiny and revenue mobilisation. Petroleum VAT, professional tax, liquor VAT and IGST settlement also increased, while GST rate reductions moderated net GST performance in specified product sectors.
September 1, 2026
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Windfall gains tax on petroleum exports rises for petrol and diesel while aviation turbine fuel levy is reduced.
Special additional excise duty and road and infrastructure cess on petroleum-product exports are revised with effect from 1 September 2026. The export duty on diesel is increased, the levy on aviation turbine fuel is marginally reduced, and a duty is imposed on petrol exports. Existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall-tax framework seeks to support domestic fuel availability and deter exporters from benefiting from domestic and international price differences.
September 1, 2026
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Automated Free Sale and Commerce Certificate issuance reduces manual scrutiny while preserving risk-based review for eligible exporters.
DGFT has enabled automated issuance of Free Sale and Commerce Certificates through its portal for eligible exporters of items not covered by the Drugs & Cosmetics Act, 1940. Applications satisfying prevailing framework and automated processing parameters may be issued without manual scrutiny. Applications requiring verification or not meeting those parameters may be routed for manual processing, while auto-approved applications may be flagged later for risk-based review. The mechanism seeks faster, more transparent and predictable processing while retaining necessary oversight.
September 1, 2026
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Five-day banking and equitable performance incentives drive planned nationwide bank union strike amid unresolved pension demands.
United Forum of Bank Unions has proposed nationwide strike action over delayed five-day banking, the performance-linked incentive framework, and unresolved pension demands. Five-day banking was agreed under the 12th Bipartite Settlement/9th Joint Note with extended Monday-to-Friday working hours, but remains pending for implementation. Unions challenge the incentive scheme for departing from a uniform, bank-performance-linked approach and for disproportionately benefiting senior officers. The dispute is under conciliation and pending before the Delhi High Court, while pension updation, a uniform dearness allowance formula, and an old pension scheme option remain unresolved.
September 1, 2026
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Equity market volatility intensified as higher crude prices, geopolitical tensions and tighter monetary expectations weakened domestic investor sentiment.
Indian equity markets closed marginally lower as higher crude oil prices, US-Iran tensions, and expectations of prolonged tight United States monetary policy weakened risk appetite. The phased Closing Auction Session contributed to a late recovery in the benchmark index. Rising crude prices and global bond yields triggered broad-based selling across several domestic sectors, while foreign institutional equity sales and weakness in overseas markets added to pressure despite stronger-than-expected domestic economic growth.
September 1, 2026
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GST revenue collections show higher gross and net receipts alongside increased refunds and state-level settlement data.
GST revenue collections for August 2026 recorded total gross GST revenue of Rs. 1,99,853 crore, reflecting 14.8% growth over August 2025. Total refunds were Rs. 31,795 crore, including domestic refunds and export IGST refunds processed through ICEGATE. After adjustment of refunds, total net GST revenue was Rs. 1,68,057 crore, representing 8.3% growth. SGST collections and the SGST component of IGST settlement were separately identified for States and Union Territories, with post-settlement SGST aggregating Rs. 95,531 crore.
September 1, 2026
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Trade facilitation and customs preparedness feature in AILBIEA's Silver Jubilee knowledge conference on liquid bulk commerce.
AILBIEA's Silver Jubilee programme focuses on trade facilitation, customs modernisation, GST dispute preparedness and maritime-risk issues affecting liquid bulk trade. The Knowledge Conference includes sessions on the Authorised Economic Operator advantage, next-generation customs technology, GST Appellate Tribunal-era dispute preparedness, and geopolitical risks to sea-borne trade. It also marks the launch of AGS 360, integrating port information, vessel tracking, port-call estimates and maritime intelligence.
September 1, 2026
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Personal guarantor insolvency: repayment plan stayed pending majority determination, with restraint on direct or indirect asset alienation.
Personal-guarantee insolvency proceedings involve a stay on implementation of a repayment plan because the earlier members' views did not produce a clear majority capable of taking effect. The personal guarantor has been restrained from directly or indirectly alienating assets pending further hearing. The dispute follows split views on approval of the plan, claim admission and voting, followed by a third-member opinion that did not resolve the absence of a determinative majority. Creditors dispute the proposed recovery, claim treatment and declared net worth relevant to the guarantees.
September 1, 2026
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Rupee exchange-rate movement reflects portfolio inflows, growth data and possible central-bank support, while crude oil prices constrain gains.
Foreign-exchange market conditions strengthened the rupee by 28 paise to 94.94 against the US dollar, supported by domestic growth, controlled fiscal slippage and portfolio inflows. Possible Reserve Bank of India intervention was also identified as supportive. Higher crude oil prices, weak domestic equities and hawkish US monetary-policy signals were identified as constraints on further appreciation. Foreign investment flows, stronger-than-expected domestic growth and the fiscal-deficit position remained material factors affecting currency conditions.
September 1, 2026
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Money-laundering probe into public service recruitment irregularities examines alleged question-paper leaks, selection manipulation, and laundering through purported CSR donations.
Money-laundering investigation under the Prevention of Money Laundering Act concerns alleged irregularities in Public Service Commission recruitment examinations. Allegations include question-paper leaks, manipulation of candidate selection, and illegal gratification for securing appointments of relatives and favoured candidates. Recruitment rules were allegedly amended to facilitate selection of relatives. Alleged proceeds of crime were collected in cash and routed through layered banking transactions, including through a family-controlled samiti presented as receiving corporate social responsibility donations for a non-existent college.
September 1, 2026
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Personal guarantor settlement scrutiny intensifies as asset alienation is restrained pending review of a disputed creditor repayment proposal.
A five-member special bench found that no clear majority view existed under section 419(5) of the Companies Act and stayed the third member's order that had permitted the proposed recovery. Notices were directed to all parties, and the guarantor was restrained from directly or indirectly alienating property pending further consideration. The dispute concerns approval of a personal guarantor's repayment proposal, treatment of guarantee claims, creditor voting support, assessment of the personal estate, and scrutiny of declared net worth.
September 1, 2026
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Personal insolvency proceedings restrict property alienation while notices issue to parties in the debtor's case.
A five-member special National Company Law Tribunal bench hearing Subhash Chandra's personal insolvency matter issued notices to all parties and restrained him from alienating property directly or indirectly. The restraint applies during the continuing insolvency proceedings and concerns dealings with the relevant property. The procedural measure requires the interested parties to participate in the matter.
September 1, 2026
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Aadhaar authentication alternatives enable eligible farmers with failed fingerprint verification to access loan-waiver benefits after identity verification.
Elderly farmers whose fingerprints cannot be captured for Aadhaar authentication may approach an Aaple Sarkar Seva Kendra with their Aadhaar card and bank passbook. Loan-account details are verified on the scheme portal before authentication is initiated. If authentication fails, the concerned tehsildar verifies identity using the Aadhaar card, bank passbook and 7/12 land record extract. Eligible farmers receive loan-waiver benefits directly in their bank accounts after authentication, identity verification and satisfaction of the scheme's eligibility criteria.
September 1, 2026
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GST collection growth reflected higher domestic and import revenue, while increased refunds moderated net collections during August.
GST collections recorded year-on-year growth in August, with gross receipts reaching about Rs 2 lakh crore. Domestic transaction revenue increased to over Rs 1.37 lakh crore, while import-related revenue rose to Rs 62,604 crore. Refunds increased to Rs 31,795 crore, and net GST collections stood at Rs 1.68 lakh crore after refunds.

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July 30, 2025

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New Delhi, Jul 30 (PTI) Following are the top stories at 1.30 pm: NATION

PAR27 RS-SINDOOR-JAISHANKAR No third party intervention in ceasefire with Pak during Operation Sindoor: Jaishankar New Delhi: External Affairs Minister S Jaishankar on Wednesday made it clear that there was no third party intervention in bringing about a ceasefire with Pakistan during Operation Sindoor, asserting that the halting of the Operation was not linked to trade.



DEL 21 UNSC-TRF-LD-PAHALGAM Pahalgam terror attack: UNSC monitoring report mentions TRF New Delhi: The Resistance Front, a proxy of the Lashkar-e-Taiba terror group, has found mention for the first time in a UN Security Council (UNSC) report for its role in the Pahalgam attack that is expected to bolster India's diplomatic offensive against Pakistan-backed cross-border terrorism.



DEL 23 CONG-TRUMP-LD PM PM refusing to deny Trump's claims made '30 times' as he is on 'very weak wicket': Cong New Delhi: The Congress on Wednesday said Prime Minister Narendra Modi is "refusing to unequivocally" deny US President Donald Trump's India-Pakistan ceasefire claims that have been made "30 times" as he is on a "very weak wicket and has much to cover up".



DEL 17 JK-LD ENCOUNTER Army foils infiltration bid in J-K's Poonch, two terrorists killed Jammu:Two suspected Lashkar-e-Taiba terrorists were killed when army troops scuttled an infiltration attempt along the Line of Control in Poonch district of Jammu and Kashmir, officials said on Wednesday.



DEL 14 ED-CG-MEDICAL SUPPLY-SEARCHES ED searches in Rs 500 cr Chhattisgarh medical supply 'scam' case Raipur: The Enforcement Directorate on Wednesday launched searches at multiple locations in Chhattisgarh as part of a money laundering investigation into an over Rs 500 crore worth medical supply "scam", official sources said.



DEL 20 JK-AMARNATH-LD SUSPEND Amarnath Yatra suspended on Pahalgam, Baltal routes due to heavy rains in J-K Srinagar: Authorities on Wednesday suspended the Amarnath Yatra on both Pahalgam and Baltal routes due to heavy rains in Kashmir, a senior official said.



BOM 7 CG-NUNS-BRINDA KARAT Brinda Karat meets nuns jailed in Chhattisgarh; alleges 'targeted attack' on Christians Durg: Senior CPI(M) leader Brinda Karat on Wednesday claimed the arrest of two Catholic nuns for alleged human trafficking and forced religious conversion in Chhattisgarh was "unconstitutional and illegal", and demanded their immediate release.



CAL 4BH-NITISH-LD HEALTH WORKERS Bihar govt announces hike in incentive for rural health workers ahead of assembly polls Patna: Ahead of the Bihar assembly elections, Chief Minister Nitish Kumar on Wednesday announced that ASHA workers in the state will now get Rs 3,000 per month as an incentive, a substantial increase from the existing amount of Rs 1,000.



CAL 1 MN-ARREST Three militants among four held in Manipur Imphal: Security forces arrested four people, including three militants belonging to two proscribed outfits, from three districts in Manipur for allegedly being involved in criminal activities, police said on Wednesday.



MDS 1 ISRO-NISAR-LAUNCH NASA-ISRO collaborative satellite NISAR all set for launch Sriharikota: Aimed at boosting ties between India and the United States on space exploration, India is geared up to launch an earth observation satellite jointly developed by ISRO and NASA on Wednesday.



MDS 3 KA-PROTEST-RAHUL Rahul Gandhi to participate in protest against 'votes theft' in Bengaluru on Aug 4 Bengaluru: Congress leader Rahul Gandhi, who recently claimed that his party has figured out the modus operandi of the "votes theft" by studying a Lok Sabha constituency in Karnataka, will participate in a protest in Bengaluru on August 4 and submit a representation to the Election Commission officials here.



MDS 4TL-ONLINE BETTING-ACTOR Actor Prakash Raj appears before ED officials in Hyderabad in online betting linked PMLA case Hyderabad: Actor Prakash Raj on Wednesday appeared before the ED officials here for questioning in a money laundering case linked to illegal online betting and gambling by certain platforms.

LEGAL

LGD 13 SC-VARMA Your conduct does not inspire confidence, why did you appear before committee: SC to Justice Varma New Delhi: Observing that Justice Yashwant Varma's conduct does not inspire confidence, the Supreme Court on Wednesday posed sharp questions to the judge seeking invalidation of a report by an in-house inquiry panel which found him guilty of misconduct in the cash discovery row.



LGD 15 JUDICIAL OFFICER-MP-RESIGN MP woman judicial officer resigns in protest over elevation of district judge to HC New Delhi: A woman judicial officer from Madhya Pradesh has tendered her resignation in protest against the elevation of a district judge to the high court against whom she had levelled serious allegations of harassment.

FOREIGN

FGN 15 UN-INDIA-PALESTINE India reiterates support at UN for two-state solution to Israel-Palestinian conflict United Nations: India told a high-level UN conference that global efforts must now focus on achieving a two-state solution to the Israel-Palestinian conflict through "purposeful dialogue and diplomacy".



FGN 13 IMF-INDIA India projected to grow 6.4 per cent in 2025 & 2026, reform momentum driving stable growth: IMF  New York/Washington: India is projected to grow at 6.4 per cent in fiscal year 2025 and 2026, and the country’s stable growth is driven by a reform momentum supporting robust consumption growth and a push for public investment, the International Monetary Fund has said.



FGN 10 US-TRUMP-INDIA Trump says trade deal with India not finalised  New York: US President Donald Trump has said the trade deal with India is not finalised, as he stressed that India imposes more tariffs than almost any other country.



FGN 11 UN-TRF TRF published photo of Pahalgam attack site, twice claimed responsibility: UNSC sanctions monitoring report United Nations: The Resistance Front (TRF) had twice claimed responsibility for the Pahalgam terror attack and “published a photograph of the attack site”, the UN Security Council’s sanctions monitoring team has said.



FGN 7 PAK-CRYPTO Pak govt accelerates push for cryptocurrency adoption: Report Islamabad: The Pakistan government is ready to fast-track the adoption of cryptocurrencies for banks, foreign exchange companies, and gold trading, according to a media report on Wednesday.

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