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    SIDBI organizes a conclave of the Heads of Regional Rural Banks (RRBs) on expanding SIDBI-RRB MSME Co-Lending arrangement
    SC sets aside show cause notice to Tata Steel over input tax credit availed during FY19-23
    HC flags fraudulent use of Aadhaar by infiltrators to get Indian citizenship; calls for action
    IVCA Welcomes Consultative Approach on Draft FEMA NDI Rules
    India to be among top 5 Nestle markets in coming years, a major export hub : Global CEO
    Build Credit Awareness with a Free Credit Score Check from Bajaj Finance
    CARD91 Introduces Five-Point Credit Lifecycle Consistency Framework for Credit Line on UPI
    RBI's Proposed Shift from Revolving Credit to Term Loans: SwiffyLabs Lending Platform Already Supports the New Construct
    The US and Canada could pull back from an all-out trade war. It's not clear that they will
    Indian Community in Japan Playing Key Role in Strengthening India-Japan Ties: Commerce and Industry Minister Shri Piyush Goyal
    Union Minister of Commerce and Industry Shri Piyush Goyal Chairs India-Japan Industry Roundtable on Semiconductors and Artificial Intelligence in Toky...
    National Traders’ Welfare Board Holds 100th VC Meeting to Strengthen Engagement with Traders Across the Country
    CCI approves acquisition of 100% share capital of Tao Digital Solutions by Cyient Ltd
    CCI approves acquisition of 100% stake in Kestrel Coal Group Pty Ltd. by Yancoal Australia from certain sellers
    HC bench releases Skoda Volkswagen USD 1.4 billion tax case sans verdict; matter to be heard afresh
    Canada strikes back at US with retaliatory tariffs as trade war escalates
    Rupee rises 26 paise to close at 95.44 against US dollar
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August 26, 2026
Show AI Summary
Alternative dispute resolution enabled settlement of long-pending disputes, alongside reporting on court administration and regulatory compliance concerns.
Legal developments include resolution of long-pending tenancy, commercial and property disputes through a special Lok Adalat mechanism, including a digitally signed international settlement. Other matters concern a challenge to a riot-related murder conviction, allegations of administrative irregularities and selective case listing, fast-track court pendency, cancellation of a recruitment process following suspected examination malpractice, fraudulent identity documents used to claim citizenship, medical-qualification standards, and opposition to uranium exploration and mining.
August 26, 2026
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MSME co-lending supports digital paperless credit delivery through rural banks for underserved rural and semi-urban enterprises.
SIDBI-RRB MSME co-lending arrangement is proposed for expansion to increase credit access for micro, small and medium enterprises in rural and semi-urban areas. The arrangement combines SIDBI's understanding of MSME credit requirements with Regional Rural Banks' local reach. SIDBI's Co-Lending Origination Platform provides an end-to-end digital credit process intended to enable faster, paperless loan processing, in-principle sanction communication, documentation and direct account disbursement without branch visits.
August 26, 2026
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Input tax credit mismatch alone cannot support fraud-based GST demand without an assessing officer's recorded satisfaction of fraud or suppression.
Section 74 GST demand proceedings require the assessing officer's independent satisfaction of fraud, wilful misstatement or suppression of facts. An input tax credit mismatch or alleged short payment alone cannot establish these conditions. Unsupported assertions of suppression for invoking extended limitation are insufficient, and audit objections cannot replace the assessing officer's satisfaction. A show cause-cum-demand notice lacking factual allegations of a deliberate device to evade tax or avail excess input tax credit is vulnerable.
August 26, 2026
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Fraudulent Aadhaar procurement exposes identity-verification gaps and prompts disclosure, expedited investigation, deportation, and statutory review measures.
Fraudulent procurement of Aadhaar and other identity documents by foreign nationals who infiltrate borders may undermine identity verification, immigration control and national security. Coordinated action is required to trace and deport such persons, prevent re-entry, strengthen document verification, and complete investigations without delay. Amendments to the Aadhaar Act are to be considered to assist investigating agencies, while a dedicated procedure is required to address border infiltration and human trafficking. Aadhaar enrolment records are to be supplied to police, followed by timely deportation proceedings.
August 26, 2026
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Foreign investment liberalisation proposals receive industry support, subject to preserving AIF treatment, grandfathering, and prospective application.
Proposed foreign-investment liberalisation, including treatment of stakes below 10 per cent and a greater role for market forces in valuation, is welcomed. Preservation of the existing treatment of Alternative Investment Funds under the IOCC framework is emphasised, together with grandfathering of transactions and funds undertaken under the current regulatory position. Newly introduced requirements should operate prospectively to support a simpler, predictable and investment-friendly foreign-investment framework.
August 26, 2026
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India market expansion guides Nestle 's volume-led growth, export-hub development and long-term investment without compromising product quality.
Nestle 's India strategy focuses on volume-led growth, wider consumer reach, portfolio development, efficiency improvements and sustained long-term investment. Growth is intended to combine increased household penetration with pricing, premiumisation, affordability and value offerings. India is also intended to develop further as a production and export hub for global markets, supported by manufacturing capacity and expanding overseas supplies. Product quality and consumer interests remain constraints on the pace of expansion.
August 26, 2026
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Credit awareness through regular score and report review supports responsible borrowing, error detection, and informed credit management.
Free online access to the Credit Pulse Report is available through the Bajaj Finance website. Users verify their registered mobile number through OTP authentication, provide identifying particulars including PAN and date of birth, and then view the available credit score. The report may be reviewed and downloaded to examine repayment history, active credit accounts, recent enquiries and other recorded credit information. Periodic review can help identify unfamiliar accounts, inaccurate repayment records, overdue amounts, unupdated information and changes in credit utilisation.
August 26, 2026
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Credit lifecycle consistency requires facility-specific treatment so UPI-linked credit records, repayments and customer obligations remain aligned.
CARD91's Credit Lifecycle Consistency Framework calls for facility-specific treatment of Credit Line on UPI transactions and continuing credit events. Credit limits, outstanding balances, repayments, refunds, reversals and EMI conversions should be accurately connected to the relevant customer account and applied according to the underlying facility's terms. Bank policy, customer consent, transaction controls and portfolio actions should remain aligned. Customer-facing applications, statements and alerts should consistently reflect available credit, outstanding obligations and repayment schedules, while disputes and manual corrections follow documented, reviewable processes.
August 26, 2026
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Non-revolving credit lines require term-loan structures supporting multiple drawdowns without replenishing sanctioned limits for NBFC lending products.
Proposed restrictions on revolving credit facilities for most NBFCs would generally require credit products to operate as term loans, rather than facilities in which principal repayment automatically restores the available borrowing limit. Compliance may require technology capable of managing multiple drawdowns within an approved sanction, separate repayment schedules, amortisation and servicing workflows, while preventing repaid principal from replenishing the sanctioned limit.
August 26, 2026
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Reciprocal trade tariffs intensify as negotiations confront market access, cultural protections, industrial safeguards, and sovereignty concerns.
US-Canada tariff escalation involves reciprocal import duties following failed negotiations over market access and trade in dairy, alcoholic beverages, automobiles, steel, aluminium and softwood lumber. United States tariff action relies on a rarely used trade-law power permitting duties against countries considered to discriminate against American businesses, without a prior investigation or stated time limit. Negotiations also raised concerns about protection of major industries, cultural protections and Canada's freedom to conclude trade agreements with other countries.
August 26, 2026
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Diaspora engagement supports skilled mobility, investment links, remittances, and citizen welfare while encouraging compliance with local laws.
Indian diaspora engagement in Japan supports bilateral goodwill, business links, investment opportunities and people-to-people ties. Skilled Indian professionals are encouraged to understand local requirements, learn Japanese language and culture, and pursue opportunities in healthcare, trades, engineering, artificial intelligence, accountancy and maritime work. Diaspora members are also encouraged to maintain connections with India, contribute through digital education and knowledge-sharing, and comply with local laws and regulations. Remittances and government support for citizens' welfare, safety and crisis assistance abroad are recognised as important aspects of diaspora engagement.
August 26, 2026
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Semiconductor and AI cooperation advances through industry engagement, investment facilitation, and accelerated economic partnership review.
India-Japan cooperation in semiconductors and artificial intelligence is being strengthened through industry engagement, investment facilitation, technology partnerships and an economic-security-oriented framework. India's semiconductor strategy covers chip design, machinery and materials, fabrication, ATMP/OSAT, research, and talent development, supported by Semicon India initiatives. Bilateral engagement also seeks to address industry concerns, expand manufacturing and innovation partnerships, and accelerate review of the Comprehensive Economic Partnership Agreement to reflect emerging economic opportunities.
August 26, 2026
Show AI Summary
Virtual trader engagement platform strengthens weekly grievance feedback, policy information sharing, and institutional dialogue between government and trading communities.
The Virtual Conference Interaction Meetings provide a weekly, accessible forum for retail traders to engage with the Government, receive information on relevant schemes, policies and reforms, and submit grievances and suggestions. The platform enables recurring concerns to be identified and communicated to concerned Ministries and Departments for consideration and redressal. It seeks to strengthen institutionalised dialogue, feedback, transparency, trust and cooperation between the Government and the trader community.
August 26, 2026
Show AI Summary
Competition clearance for full acquisition permits Cyient to acquire Tao Digital Solutions, a global digital transformation and technology services provider.
Competition Commission of India approved Cyient Limited's acquisition of 100% of Tao Digital Solutions Inc.'s share capital from its existing shareholders. The full share capital acquisition transfers complete ownership of Tao Digital Solutions to Cyient. Tao Digital Solutions provides global digital transformation and technology services, including product engineering, managed services, cybersecurity, payments, digitization and AI, cloud services, and data services, and operates in India through its wholly owned subsidiary, Tao Digital India Private Limited.
August 26, 2026
Show AI Summary
Competition clearance for full coal-sector acquisition addresses limited Indian market links through metallurgical and thermal coal sales.
Competition approval covers Yancoal Australia Limited's acquisition of 100% equity interest and warrants in Kestrel Coal Group Pty Ltd. The target holds an 80% interest in the Kestrel Joint Venture, which operates a Queensland coal mine producing principally metallurgical coal and a smaller volume of thermal coal. Neither the acquirer nor the target has a physical presence in India. Their Indian nexus is limited to coal exports and the joint venture's sales of metallurgical coal into India.
August 25, 2026
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Customs classification of unassembled vehicle imports requires fresh hearing after reserved tax challenge was released without verdict.
The dispute concerns customs classification of imported unassembled vehicle parts. Customs authorities allege that parts imported in separate shipments should have been declared as completely knocked down (CKD) units, attracting the higher duty applicable to CKD imports, rather than as individual components subject to lower duty. The manufacturer contests the resulting customs demand. Proceedings have been released for fresh hearing before the regular indirect-tax writ bench, with status quo maintained for four weeks.
August 25, 2026
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Retaliatory tariffs on imported goods escalate trade measures, targeting key sectors while maintaining support for affected domestic businesses.
Canada has imposed retaliatory tariffs on United States-origin industrial and consumer goods following increased United States tariffs on Canadian goods. Effective 8 September, the measures apply at rates of 15%, 25% and 50% across more than 700 products, including steel, aluminium, appliances, dairy products, seafood, furniture, clothing, pulp and paper, and electronics. Existing countertariffs on automobiles remain in force. The measures seek to protect domestic businesses and reduce imports, supported by assistance for affected workers and businesses amid risks to integrated cross-border supply chains.
August 25, 2026
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Foreign-exchange market intervention and lower crude prices supported rupee appreciation, while USD/INR remained range-bound amid shifting dollar conditions.
Foreign-exchange market conditions supported rupee appreciation against the US dollar, driven by stronger domestic equity markets, a weaker US dollar and lower crude oil prices. The USD/INR pair remained broadly range-bound, with oil-price movements and Reserve Bank intervention identified as key near-term influences. The special USD-INR foreign-exchange swap facility for FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings mobilised substantial foreign-exchange inflows.
August 25, 2026
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Section 301 tariffs may have lower impact where major exports remain outside their scope amid resilient domestic demand.
Economic resilience is attributed to buoyant domestic demand, increased manufacturing and services activity, improving liquidity conditions, credit growth, investment activity and rebounding foreign capital inflows. Recovery in the southwest monsoon improved kharif sowing and reservoir storage, partly mitigating agricultural-sector risks. US Section 301 tariffs are expected to have a comparatively lower effect because major Indian exports to the United States, including smartphones, petroleum products and pharmaceuticals, remain outside their scope. Foreign direct investment improved with higher gross inflows, while outward foreign direct investment continued to decline.
August 25, 2026
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BIS certification exemptions may be structured for high-tech manufacturers to ensure timely equipment imports and support domestic manufacturing operations.
Mandatory Bureau of Indian Standards (BIS) certification requirements for equipment and components used by high-technology manufacturers may be addressed through a proposed exemption framework. Possible exemptions may be structured at the company, industry, product, project or bulk level to support timely availability of imported equipment, goods and services for manufacturing operations. The approach is directed at high-technology industries generally, particularly semiconductor and artificial intelligence sectors, while addressing delays associated with mandatory certification and complex procedures for specialised imported parts and equipment.

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PMLA / Black Money

HIGHLIGHTS

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".

PTI SHS MPL MPL

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