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    ED arrests ex-panchayat CEO who allotted govt funds for fake marriages during COVID lockdown
    Goyal blames market conditions for Jet Airways' downfall; ED says he 'bled airline to death'
    Rupee rises 8 paise to close at 94.43 against US dollar
    NSE gets regulatory nod for Rs 30,000 cr IPO, the biggest so far
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    'Policing the Republic': Book traces history of personal security, from Pharaohs to presidents
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    About 100 highway plazas used illegal apps to collect toll from vehicles not bearing FASTag stickers: ED
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    Delhi workers welfare board blacklists firm for over 20,000 'unauthorised' Aadhaar transactions
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    Electrifying India's vehicles can cut its import bill by USD 125 billion by 2050: Study
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    Decentro Wins Three Industry Honours for Fintech Infrastructure Innovation and Leadership in 2026
    Marching ahead with Responsibility and Growth - Keynote Address[Contributions by RBI colleague Shri Mohammed Majidullah, General Manager] delivered by...
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September 4, 2026
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Money laundering allegations over fraudulent marriage-assistance disbursements prompted investigation into false credentials and ineligible beneficiary payments.
Alleged money laundering arose from fraudulent disbursement of marriage-assistance funds intended for daughters of registered construction workers. The allegations include approvals and releases for suspicious marriage cases, use of bank accounts opened or misused on false credentials, multiple cash withdrawals, and extension of benefits to ineligible persons. Investigation under the Prevention of Money Laundering Act followed an economic-offences FIR concerning suspected misuse of the welfare scheme.
September 4, 2026
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Money-laundering allegations: discharge plea attributes airline's financial collapse to macroeconomic conditions and denies loan siphoning through sales agents.
Money-laundering proceedings arising from alleged bank fraud concern claims that loans advanced to an airline were siphoned off. The discharge application attributes the airline's financial collapse to adverse macroeconomic conditions rather than fraudulent conduct or laundering, denies diversion through General Sales Agents, and maintains that related payments were board-approved and disclosed. It also contests the treatment of the bank's outstanding claim as funds received by the founder, while the investigating agency alleges systemic fraud, loan diversion and laundering.
September 4, 2026
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Foreign exchange market conditions supported rupee appreciation, while oil prices and geopolitical tensions limited potential gains.
Foreign exchange market conditions supported the rupee's appreciation by 8 paise to 94.43 against the US dollar, aided by positive domestic equity markets, improved risk appetite, foreign capital inflows and foreign institutional buying. Reserve Bank of India intervention was also cited as support. Elevated crude oil prices, safe-haven dollar demand and United States-Iran tensions were identified as factors limiting further gains. India's foreign exchange reserves increased to a new all-time high during the relevant reporting week.
September 4, 2026
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Offer-for-sale IPO clearance enables existing exchange shareholders to monetise holdings, while sale proceeds remain outside the exchange.
Regulatory clearance permits the National Stock Exchange to proceed with an initial public offering structured wholly as an offer for sale by existing shareholders. The proposed issue does not raise fresh capital, and sale proceeds will accrue to the selling shareholders rather than the exchange. Revised offer documents were required after addition of a selling shareholder, triggering a fresh public-feedback period. The offering follows settlement of co-location and dark-fibre matters and governance and compliance measures addressing regulatory concerns.
September 4, 2026
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Equity market resilience was tempered by profit booking, geopolitical tensions, global rate expectations and domestic liquidity.
Equity markets registered a recovery after four consecutive losing sessions, led by buying in metal, private banking, oil and gas, housing finance, telecommunication, insurance, commodities and financial services shares. The benchmark equity index closed higher, while the broader index recorded a modest gain after retreating from an intraday level above the psychological threshold during the newly introduced Closing Auction Session. Investor sentiment was supported by easing interest-rate concerns, strong earnings momentum, resilient economic growth and domestic demand, but was constrained by profit booking, geopolitical tensions and crude-oil price risks.
September 4, 2026
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Forex reserve management reflects rising foreign currency assets and gold holdings, alongside marginal declines in SDRs and IMF reserve position.
India's foreign exchange reserves increased to a fresh all-time high, supported principally by higher foreign currency assets and gold reserves. Reserve accumulation has continued after concessional foreign-exchange swap initiatives introduced amid local-currency depreciation. Foreign currency assets, expressed in United States dollar terms, also reflect valuation effects from movements in currencies such as the euro, pound and yen. Special drawing rights and the reserve position with the International Monetary Fund declined marginally.
September 4, 2026
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IPO regulatory clearance enables further public issue preparations, with existing shareholders proposing a complete offer for sale.
SEBI's final observations on the proposed initial public offering enable the National Stock Exchange to undertake further public-issue preparations, subject to applicable regulatory requirements. The proposed issue is structured entirely as an offer for sale, under which existing shareholders would divest a portion of their holdings rather than the exchange issuing new shares. The draft red herring prospectus contemplates sale of 14.89 crore shares, representing nearly 6 per cent of the exchange's stake.
September 4, 2026
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Personal security frameworks evolved from elite guards into intelligence-led protection systems, while VIP culture can distort their necessity.
Personal security evolved from elite guards into structured systems combining physical protection, intelligence, technology and specialised protocols. Prime Ministerial security in India was reorganised after the 1984 assassination of Prime Minister Indira Gandhi by her bodyguards. A commission recommended a single protective agency, leading to the formation of the Special Protection Group in 1985. Statutory parameters introduced in 1988 sought to rationalise and scientifically streamline protection arrangements. Advanced technology, training, intelligence and protocols do not eliminate personal-protection vulnerabilities, and security is characterised as a necessity rather than a status symbol.
September 4, 2026
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Rupee exchange-rate movement reflects foreign-currency deposit inflows, central-bank intervention, oil-price risks and changing market risk appetite.
Foreign-exchange liquidity measures, including a special central-bank programme for foreign-currency deposits, generated substantial inflows that supported the rupee. Inflows from foreign-currency deposits, overseas foreign-currency borrowings and external commercial borrowings strengthened market conditions. Rupee appreciation was also supported by foreign equity inflows and risk appetite, but remained vulnerable to higher crude-oil prices, US-Iran tensions, safe-haven demand for the US dollar and possible disruption to oil flows through the Strait of Hormuz.
September 3, 2026
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Trade agreement consultations safeguard farmer, worker, MSME and sectoral sensitivities while phased bilateral tariff negotiations continue.
India-US bilateral trade agreement negotiations are being pursued on the stated basis that Indian sensitivities will not be compromised. The agreement's text remains non-public, while the government position identifies farmers, fishers, micro, small and medium enterprises, workers, handloom and handicrafts sectors, and the automobile industry as protected considerations. The arrangement is described as a first tranche, with further engagement contemplated following changes in the United States tariff landscape.
September 3, 2026
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Unauthorised toll collection apps allegedly generated fake receipts, concealed non-FASTag collections, and triggered a money-laundering investigation.
Unauthorised digital applications allegedly enabled toll collection from vehicles without FASTag stickers outside the official reporting system. Mobdata and Any were allegedly used to generate unauthorised or fake toll receipts, conceal collections from NHAI, and monitor such collections through dedicated portals. A PMLA investigation followed an FIR alleging fraudulent toll collection, with digital forensic material indicating use of the mechanism across around 100 toll plazas. Searches resulted in seizure of financial and digital records and freezing of bank accounts.
September 3, 2026
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Economic offence investigations: cross-border training strengthens officers' practical skills in investigation, prosecution, procedures, and handling complex financial crimes.
Capacity-building training under the Indian Technical and Economic Cooperation programme equipped officers from member countries with practical skills for investigating economic offences. It covered varied forms of financial and economic crime, cross-border impact, challenges in investigation and prosecution, standard operating procedures, and investigative best practices. The specialised law-enforcement engagement aims to strengthen international cooperation and investigative capacity in economic-offence matters.
September 3, 2026
Show AI Summary
Unauthorised Aadhaar credential use triggers blacklisting and procurement debarment following alleged post-termination enrolment and update transactions.
Alleged unauthorised use of Aadhaar Registrar/EA Code credentials after termination of an operational engagement led the Delhi Construction and Other Workers Welfare Board to blacklist MDS Solution Pvt Ltd. UIDAI communication indicated that Aadhaar-related activity allegedly continued after cancellation through the Board's credentials. The Board lodged a police complaint, barred the firm from its tenders, procurement processes, empanelment and contract awards, and recommended consideration of action under applicable rules and policies.
September 3, 2026
Show AI Summary
FCNR(B) deposits strengthen foreign-exchange liquidity and support rupee appreciation alongside foreign portfolio inflows into government securities.
Foreign-currency inflows through FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings strengthened foreign-exchange liquidity and supported appreciation of the rupee against the US dollar. Foreign portfolio investment in government securities was linked to the abolition of withholding tax and long-term capital gains tax on such investment. Currency-market conditions were also influenced by foreign institutional equity purchases, global risk appetite, crude-oil prices and geopolitical tensions.
September 3, 2026
Show AI Summary
Electric vehicle adoption can reduce transport import dependence while domestic battery manufacturing increases projected long-term savings.
Electric-vehicle adoption across road-transport segments is projected to reduce dependence on imported petrol and diesel, notwithstanding continuing battery imports. Accelerated electrification could reduce vehicle-related import expenditure substantially by 2050 because reduced oil imports are expected to exceed battery-import costs. Domestic cell-manufacturing capacity may further increase savings by combining rapid vehicle electrification with battery localisation.
September 3, 2026
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Women's livelihood credit access will extend beyond self-help groups through standardised loan formalities and coordinated banking support.
Women's access to credit for livelihood expansion is to extend beyond Self-Help Groups to individual women members. Loan accessibility concerns include distance from bank branches, repeated visits to complete formalities, and inconsistent banking procedures. Regular State Rural Livelihood Mission meetings, bank participation, training, helplines, process improvements and coordination with bankers are intended to reduce barriers. Loan formalities are to be standardised across banks through a uniform process involving RBI and NABARD.
September 3, 2026
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Industrial development facilitation prioritises infrastructure, services, policy utilisation, and dry-port trade connectivity for businesses and agro-based farmers.
Industrial development facilitation extends beyond allocation of industrial plots to infrastructure development, services, and a favourable business environment. Industry-support policies seek to encourage participation by entrepreneurs, promote growth across sectors, and improve investment conditions without distinction between small and large enterprises. Dry-port infrastructure strengthens national and international trade connectivity, supporting import and export expansion for industrial and agro-based businesses.
September 3, 2026
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Regulated fintech infrastructure recognition highlights integrated payment, identity and collections capabilities across embedded financial product delivery.
Decentro operates an integrated fintech infrastructure platform combining payment acceptance, identity verification, banking and AI-led collections through a unified integration layer. It holds Payment Aggregator authorisations for online and physical payments, a Payment Service Provider licence through its GIFT City entity, and certification for offline identity-verification workflows. These capabilities support embedded financial products, payment acceptance, lending collections and related financial workflows for enterprise users.
September 3, 2026
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Responsible NBFC and HFC growth requires technology-enabled inclusion, proportionate regulation, sound governance, liquidity discipline, customer protection and cyber resilience.
NBFCs and HFCs can complement bank-led credit delivery through last-mile reach, sector-specific expertise, digital infrastructure, consent-based data sharing and cash-flow-based underwriting. Sustainable growth requires strong liquidity risk management, governance, compliance culture, diversified funding, stress testing, early-warning systems, dynamic provisioning and sound underwriting standards. Proportionate scale-based regulation, digital lending standards and a substance-over-form approach seek to support innovation while preserving financial stability. Customer protection, responsible lending, grievance redressal, fair recovery conduct, cyber resilience and protection of customer data remain essential.
September 3, 2026
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Debenture trusteeship fee fixing constitutes cartelisation by constraining independent pricing and restricting service availability in the market.
Collective minimum-fee fixing for debenture trusteeship services prevented trustees from making independent commercial pricing decisions and constituted cartelisation. Prescription of a benchmark fee limited and controlled the supply or market for such services by directing association members and non-members not to serve debenture issuers below that fee. The conduct contravened Section 3(3)(a) and Section 3(3)(b) read with Section 3(1) of the Competition Act, 2002.

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July 31, 2025

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New Delhi, Jul 31 (PTI) Following are the top stories at 5.35 PM : NATION PAR20 LS-GOYAL-LD TARIFF

India to take all steps to protect national interest: Goyal on US tariff New Delhi: India will take all necessary steps to safeguard and promote national interest, Commerce and Industry Minister Piyush Goyal said on Thursday, a day after US President Donald Trump announced 25 per cent tariffs plus penalty on domestic exports to America from August 1.

PAR17 LS-2NDLD ADJOURN

Lok Sabha adjourned for the day amid opposition protests on SIR New Delhi: Lok Sabha proceedings were adjourned for the day on Thursday soon after Commerce Minister Piyush Goyal made a statement on the imposition of 25 per cent tariff by the US on India as Opposition members continued their protest over voter list revision exercise in Bihar.

PAR19 RS-4THLD ADJOURN

Rajya Sabha adjourned for the day amid Opposition uproar over SIR issue New Delhi: The Rajya Sabha was adjourned for the day on Thursday after repeated disruptions by Opposition members over the issue of revision of electoral rolls in Bihar and the demand that it should be withdrawn.

BOM23 MH-COURT-LDALL MALEGAON BLAST

Court acquits all 7 accused in Malegaon blast case; Saffron victory, says Pragya Thakur Mumbai: Nearly 17 years after a blast in Malegaon town of north Maharashtra claimed six lives, a special court in Mumbai on Thursday acquitted all the seven accused, including former BJP MP Pragya Singh Thakur and Lt Col Prasad Purohit, noting there was "no reliable and cogent evidence" against them.

DEL32 MALEGAON-BJP

'Hindu terror' Congress conspiracy; Sonia Gandhi, Rahul should apologise: BJP New Delhi, Jul 31 (PTI) The BJP said on Thursday that the Congress manufactured the theory of "Hindu terror" when in power to stop the rise of Narendra Modi, the then Gujarat chief minister, and to appease its Muslim voters, as it welcome the acquittal of seven accused in the Malegaon blast case.

DEL28 RAHUL-TRUMP-LD ECONOMY

Everybody, except PM, FM, know Indian economy is 'dead': Rahul Gandhi New Delhi: Congress leader Rahul Gandhi on Thursday said everybody except Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman know that the Indian economy is "dead", as he alleged that the BJP-led government has destroyed the country's economic, defence and foreign policies.

DEL55 THAROOR-US-TARIFFS

'Bargaining tactic': Tharoor slams US' 'unreasonable' demands after 25 pc tariff announcement New Delhi: With the US announcing the imposition of 25 per cent tariff and penalties on India, Congress MP Shashi Tharoor on Thursday said it may be just a "bargaining tactic" as trade negotiations are on, and asserted that "we must give strong support to our negotiators" to find the best possible deal.

DEL51 RSQ-INDIA-PALESTINE

India always supported negotiated two-state solution: Govt on Israel-Palestine conflict New Delhi: India has always supported "a negotiated two-state solution" that would see the establishment of a sovereign, independent and viable State of Palestine within secure and recognised borders, living side by side in peace with Israel, the government told the Rajya Sabha on Thursday.

DEL43 RSQ-OPERATION SINDOOR

Pak DGMO approached Indian counterpart for cessation of military activities: Govt tells RS New Delhi: India on Thursday reasserted that the Director General of Military Operations of Pakistan approached his Indian counterpart on May 10 to request for cessation of firing and military activities, which was agreed to later that day, and said this understanding was arrived at "directly" between the two DGMOs.

DEL40 BIZ-SCINDIA-STARLINK

Starlink granted satellite internet permit; spectrum allocation norms ready: Scindia New Delhi: Elon Musk-led Starlink has received a licence to launch satellite service in India, and a framework for spectrum allocation is also in place for a smooth rollout, Union Telecom Minister Jyotiraditya Scindia said on Thursday.

DEL25 POL-MALEGAON-DIGVIJAY SINGH

Terrorism should not be associated with any religion: Digvijay Singh on Malegaon blast acquittals New Delhi: Terrorism should not be associated with any religion and no faith advocates violence, senior Congress leader Digvijay Singh said on Thursday after a special NIA court acquitted all seven accused in the 2008 Malegaon blast case.

BOM25 CG-NUNS-CASE-VICTIM

'Human trafficking' case: Victim alleges coercion by Bajrang Dal, claims arrested nuns innocent Narayanpur: A victim of an alleged human trafficking and forceful conversion, in which two nuns have been arrested in Chhattisgarh, has alleged she was coerced and assaulted by Bajrang Dal activists to give a false statement, a charge denied by the right wing outfit.

MDS17 KL-CONVERSIONS-MINISTER

Not mainstream, but new generation churches carrying out conversions: Union Minister Kurian Thiruvananthapuram: Union Minister of State George Kurian on Thursday said that the mainstream churches in the country were not carrying out any conversions and it was the "new generation churches" which were doing it.

MDS13 KA-RAHUL-LD SIDDARAMAIAH

Rahul Gandhi has evidence for his 'votes theft' allegations: Siddaramaiah Bengaluru: Karnataka Chief Minister Siddaramaiah on Thursday said that Congress leader Rahul Gandhi has got evidence for his allegation regarding the modus operandi for "votes theft" during Lok Sabha polls in the state last year.

BUSINESS DEL26 BIZ-US TARIFF-COPPER

US announces 50 pc tariff on copper; to have limited impact on India New Delhi: The US has announced a steep 50 per cent tariff on imports of semi-finished copper and copper-based products from August 1, a move which will have a limited impact on India's exports from this sector to America.

LEGAL LGD25 SC-JSW-LD BHUSHAN STEEL

SC recalls verdict ordering liquidation of Bhushan Power and Steel New Delhi: In a significant development, the Supreme Court on Thursday recalled its controversial May 2 verdict that had ordered liquidation of Bhushan Power & Steel Limited (BPSL) while setting aside a resolution plan of JSW Steel Limited for the ailing firm.

LGD24 SC-PMLA

PMLA case: Will first hear issue of maintainability of pleas seeking review of verdict, says SC New Delhi: The Supreme Court on Thursday said it would first hear arguments on the issue of maintainability of petitions seeking a review of its 2022 verdict that upheld the Enforcement Directorate's (ED) powers to arrest, attach properties involved in money laundering and carry out search and seizure under the PMLA.

LGD21 SC-ROHINGYA

First major issue whether Rohingyas refugees or illegal entrants: SC New Delhi: The Supreme Court on Thursday said the first major issue to be dealt with in cases concerning Rohingyas is whether they are refugees or illegal entrants.

LGB2 MH-HC-ADITYANATH-FILM

CBFC denies certification to film based on' Yogi Adityanath's life; producers move HC Mumbai: The makers of a film, purportedly based on the life of Uttar Pradesh Chief Minister Yogi Adityanath, have approached the Bombay High Court challenging the Central Board of Film Certification's (CBFC) decision to deny it certification.

LGD26 DL-HC-BHANDARI

Delhi HC judge recuses from hearing Sanjay Bhandari's plea challenging 'fugitive offender' tag New Delhi: A judge of the Delhi High Court on Thursday recused himself from hearing a plea by UK-based arms consultant Sanjay Bhandari challenging a trial court's order declaring him a "fugitive economic offender".

FOREIGN FGN14 US-TRUMP-LD INDIA

Trump: India, Russia can take their dead economies down together Washington: US President Donald Trump once again mounted a sharp attack on India and Russia for their close ties and said that the two countries can take their "dead economies down together".

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