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    IICA’s Meet the Legend Programme Explores ‘PMLA–IBC Interface’
    IICA hosts important session on ‘IBC as an Evolving Law Through the Amendments’,.
    Trump used to slam China. Here's why he's now rolling out the red carpet for Xi
    RBI orders removal of Maharashtra minister Babasaheb Patil, 7 others as directors of Latur DCC Bank
    LPG subsidy: Aadhaar biometric authentication mandatory for subsidised refills from Oct 1
    RBI orders removal of Maharashtra minister Babasaheb Patil, 7 others as directors of Latur DCC Bank
    US tariffs on Indian goods: A Chronology
    Graft case: Kerl BJP chief alleges 'fixed match' between Congress, CPM
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    India's forex reserves drop by USD 4.924 billion to USD 780.782 billion: RBI data
    Govt eases sugar stockholding limit for bulk users to 30 days ahead of festive season
    25th Meeting of SCO Ministers Responsible for Economic and Foreign Trade Activities Held in Tajikistan
    India–Nepal Inter-Governmental Sub-Committee on Trade, Transit and Cooperation to Control Unauthorised Trade Meets in New Delhi
    OnEMI Technology Solutions Limited’s Board Approves Fundraise of approximately ₹832 Crore through a Preferential Issue of Securities
    CGST Delhi South officers bust firm in fraudulent availment of ITC involving over Rs. 25.22 crore; proprietor arrested
    Net direct tax collection rises 13 pc to Rs 12.12 lakh cr till Sep 17 on higher advance tax mop-up
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September 20, 2026
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Tariff policy and trade truce reshape bilateral engagement as rare-earth leverage limits coercive economic measures.
United States-China trade relations are being conducted through continued tariff policy, prior export restrictions, and a trade truce after escalating tariffs did not achieve their intended effect of changing Chinese economic conduct. China's concentrated supply of rare-earth inputs used in electronics provided negotiating leverage and contributed to the trade armistice. Indications that Chinese goods are routed through third countries to lessen tariff exposure qualify the decline in the bilateral goods imbalance. Continued tariffs have not constrained China's manufacturing expansion or its access to export markets.
September 20, 2026
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Ten-year director tenure cap governs removal of ineligible cooperative bank board members after regulatory review.
RBI required Latur District Central Cooperative Bank to remove directors considered ineligible for exceeding the ten-year maximum tenure applicable to district central cooperative bank directors. The action invoked director ineligibility under the Banking Regulation Act. Following a complaint and a court-directed timeline for regulatory action, RBI sought responses from the concerned directors, seven of whom resigned. An issue was raised over whether the tenure cap could apply retrospectively to appointments made before its stated commencement and whether it was being applied uniformly.
September 19, 2026
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Biometric Aadhaar authentication becomes essential for domestic LPG consumers seeking regulated subsidised refill bookings, while market-price supply remains available.
Biometric Aadhaar authentication is required from October 1 for domestic LPG consumers to book subsidised refills at the regulated retail selling price. Authentication can be completed through delivery personnel, distributor showrooms or designated mobile applications. Consumers unwilling or unable to authenticate may obtain LPG at the applicable market price without subsidy after registering their choice through specified digital channels. The framework distinguishes subsidised LPG linked to Aadhaar-authenticated consumers from market-priced LPG and seeks targeted subsidy delivery, reduced leakage, and prevention of diversion, duplicate connections and ineligible access.
September 19, 2026
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Cooperative bank director tenure limits require disqualification and removal when service exceeds the statutory maximum period.
Directors of District Central Cooperative Banks and Central Cooperative Banks are subject to a maximum 10-year tenure under the Banking Regulation Act, 1949, as amended by the Banking Laws (Amendment) Act, 2025. RBI directed removal of a director ineligible to continue under section 10A(2A)(i), read with section 56, following concerns that directors of Latur District Central Cooperative Bank had exceeded the permitted tenure.
September 19, 2026
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Tariff treatment of Indian exports shifted from reciprocal duties to targeted trade measures, sectoral duties, and specified exemptions.
Upon expiry of the temporary global measure, an India-targeted 10 per cent Section 301 tariff, linked to forced-labour concerns, replaced it; the effective charge for most covered exports remained MFN duty plus 10 per cent. The current regime applies the Section 301 tariff to Indian exports except specified goods, with separate sectoral duties on steel, aluminium and auto components. Smartphones, medicines and energy products are exempt.
September 19, 2026
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PMLA-based FIR request over alleged consultancy payments remains under legal examination amid criticism of non-registration.
Enforcement Directorate sought registration of an FIR concerning alleged fraudulent payments by Cochin Minerals and Rutile Ltd to Exalogic Solutions, represented as IT consultancy fees. The request relied on evidence gathered through investigation and searches under the Prevention of Money Laundering Act. Registration remained under consideration after receipt of the Advocate General's legal opinion, with the Home Department examining the matter.
September 19, 2026
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Free trade agreements expand market access, entrepreneurial partnerships and youth career opportunities alongside public-sector recruitment and development participation.
Free Trade Agreements are presented as mechanisms for expanding cross-border partnerships, market access for entrepreneurs, and career opportunities for young persons. Youth employment is also linked to the expansion of the startup ecosystem beyond major cities and to public-sector recruitment through Rozgar Melas. Newly selected candidates are to join central government ministries, departments and organisations. Public service is framed around citizen-centred administration and decisions supporting a developed and self-reliant India.
September 19, 2026
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AI governance for regulated financial services enables natural-language automation while preserving enterprise security, auditability, control, and scalable deployment.
Assist-Edge enables teams to describe intended processes in natural language and use AI to create, modify, and enhance executable workflows. Working with reusable AI agents and workflows, it supports discovery, customisation, deployment, and scaling of enterprise automation. For banking, financial services, and insurance operations, its use is positioned alongside security, governance, auditability, and control, supporting governed adoption of scalable AI capabilities and movement from isolated experimentation to enterprise-wide intelligent automation.
September 19, 2026
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Recurring token reward distributions connect eligible holdings, platform activity, and partner participation through hourly settlement cycles.
BC Engine permits eligible $BC holdings to participate in hourly settlement rounds distributing BCD rewards. Participants can monitor active balances, cumulative rewards, unclaimed BCD, and settlement history through the Engine interface. Settlement amounts vary with ecosystem activity, while the mechanism links platform activity, token utility, user participation, and commercial partners through repeated value distribution rather than one-time promotional incentives.
September 19, 2026
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Asset monetisation of surplus public land and buildings is accelerated through transparent, value-oriented processes and stakeholder coordination.
NLMC's Board recommended monetisation proposals involving surplus land and building assets valued at over Rs. 5,000 crore. Monetisation is facilitated through asset identification, due diligence, valuation and appropriate process structuring, with emphasis on transparency, efficiency and value realisation. Sustained coordination with asset-owning entities is intended to expedite implementation and support timely, commercially appropriate monetisation of underutilised public assets.
September 19, 2026
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Zero forex markup on credit cards applies automatically to international transactions without conditions while preserving applicable rewards.
Zero Forex Markup applies automatically to international transactions made through all existing and new credit cards, without a new-card application, upgrade, spending threshold or other stated condition. International card spends do not attract forex markup charges. Reward Points or Cashback, where applicable to the relevant card, continue on international transactions. Existing credit cards may be used for overseas and cross-border payments without requiring a separate forex card solely to avoid such charges.
September 18, 2026
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Foreign exchange reserve valuation reflects currency movements as foreign currency assets and gold holdings decline.
India's foreign exchange reserves declined to USD 780.782 billion for the week ended September 11, driven by reductions in foreign currency assets and gold holdings. Foreign currency assets fell to USD 645.796 billion, with their dollar value reflecting movements in reserve currencies against the US dollar. Gold reserves also declined, while Special Drawing Rights increased to USD 18.845 billion. The reserve position with the IMF stood at USD 4.916 billion.
September 18, 2026
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Bulk sugar stockholding limits now allow expanded inventories only where additional supplies derive from designated import channels.
Bulk sugar consumers using more than 10 tonnes monthly as a raw material may hold up to 30 days' requirement instead of 15 days. Holdings above 15 days must consist exclusively of sugar imported under the Tariff Rate Quota or Advance Authorisation Scheme; sugar obtained from the open market remains restricted to 15 days' consumption. Bulk consumers must declare and disclose their sugar inventories every Friday through the food ministry's online portal.
September 18, 2026
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Trade facilitation and digitalisation support regional economic cooperation through simpler customs procedures, paperless exchange, resilient supply chains, and MSME access.
Priority measures included expanded intra-SCO trade, lower trade costs, resilient and diversified supply chains, trusted multimodal connectivity, greater market access, simplified customs processes, paperless trade and electronic document exchange. Digital and cross-border payments and accessible trade finance were identified to enable MSMEs and start-ups to participate in trade and value chains. Ministers agreed an Action Plan for 2026-2030 for further approval and approved regulations for a special working group on creative-economy development.
September 18, 2026
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Customs cooperation and trade facilitation advance electronic origin verification, pre-arrival information exchange, and safeguards against preferential trade misuse.
Customs cooperation and trade facilitation measures included pre-arrival information exchange, electronic verification of Certificates of Origin, and Customs automation and digitalisation. These measures are directed at facilitating legitimate trade while ensuring compliance with applicable rules and preventing misuse of preferential trade arrangements. Rail and road connectivity, freight movement, Integrated Check Posts and land-port infrastructure were reviewed to improve infrastructure utilisation and address operational bottlenecks affecting bilateral and transit trade.
September 18, 2026
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Preferential equity issuance approved to strengthen capital, support digital lending expansion, and fund subsidiary operations subject to required approvals.
OnEMI Technology Solutions Limited has approved a preferential issue of equity shares to identified investors, subject to shareholder and requisite regulatory and statutory approvals. The issuance is proposed under the Companies Act, 2013, the SEBI capital-issue and disclosure framework, other applicable SEBI regulations, and applicable law. Seventy-five per cent of the additional capital raised is proposed for infusion into its wholly owned subsidiary to support lending, technology, digital capabilities and product expansion, while the remaining twenty-five per cent is proposed for general corporate purposes.
September 18, 2026
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Fraudulent input tax credit claims through bogus invoices prompted arrest over alleged invoicing without actual supply of goods.
Alleged fraudulent availment, utilisation and passing on of inadmissible input tax credit involved invoices from purported suppliers found to be non-existent, non-functional, suspended or cancelled. Input tax credit was allegedly claimed without actual receipt of goods and passed on through invoices unsupported by corresponding supplies. Following investigation and recorded statements, the proprietor of an iron and steel trading firm was arrested under statutory arrest powers, while further investigation remains in progress.
September 18, 2026
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Direct tax collections: stronger advance tax payments support growth in corporate, non-corporate, and securities transaction tax receipts.
Direct tax collections grew through September 17, supported principally by increased advance tax payments from corporate and non-corporate taxpayers. Gross collections exceeded Rs 14.32 lakh crore, while net collections, after refunds, exceeded Rs 12.12 lakh crore. Corporate tax collections grew more strongly than non-corporate tax collections, and Securities Transactions Tax receipts recorded significant growth. The trend indicated broad-based tax buoyancy, supported by underlying economic activity, taxpayer confidence and business performance.

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ACKO Drive Brings Unbeatable Discounts on Maruti Suzuki Cars for July 2025

August 1, 2025

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BENGALURU, India, Aug. 1, 2025 /PRNewswire/ -- For someone who has been thinking about getting a new car, July 2025 is a great time to buy, thanks to some excellent deals available only on ACKO Drive. This online car buying platform is offering significant discounts from ₹64,000 up to ₹1.22 lakhs on four top-selling Maruti Suzuki models during July. New buyers can save big on a stylish hatchback, a comfortable sedan, a compact SUV or even an exciting crossover SUV. However, there's a catch! Car buyers are advised to act quickly because these savings on the Maruti Suzuki Baleno, Dzire, Brezza and new Fronx models are only available until the 31st of July 2025. July presents a strong opportunity for car buyers, with ACKO Drive offering notable deals that make vehicle ownership more accessible this month. ACKO Drive's Amazing July 2025 Discounts Before going into details on the different cars, it's important to clarify that these exceptional discounts for July 2025 are being offered specifically by ACKO Drive, not Maruti Suzuki. As an online car buying portal, ACKO Drive is able to pass great savings directly to customers with discounted pricing on popular models. The four Maruti Suzuki cars that have impressive discounts this month across ACKO Drive are: • Maruti Suzuki Baleno: ₹1.22 lakhs off • Maruti Suzuki Dzire: ₹64,000 off • Maruti Suzuki Brezza: ₹72,000 off • Maruti Suzuki Fronx: ₹1 lakh off Let's take a closer look at what makes each of these popular Maruti Suzuki models special: The Maruti Suzuki Baleno- A Modern, Premium Hatchback The Maruti Suzuki Baleno stands out as a premium hatchback that blends head-turning looks with an incredible feature set. It's the perfect step up for buyers wanting to move beyond basic small cars. Its modern styling turns heads on the roads while the spacious, well-appointed cabin keeps passengers comfortable. It offers an exceptional blend of practicality and driving pleasure. Key Features of the Baleno: • Powertrains: 1.2-litre petrol engine with option of 5-speed manual or 5-speed AMT automatic transmission. AMT offers clutchless shifting for ease of driving. • Mileage: Delivers up to 23 km/litre. • Technology: Features an impressive digital screen with the latest smartphone connectivity through wireless Android Auto and Apple CarPlay. • Safety: Packed with 6 airbags, electronic stability control (ESP), 360 view camera and more for complete peace of mind. The Maruti Suzuki Dzire- A Comfortable, Practical Sedan As a compact and contemporary sedan, the Dzire strikes an ideal balance between the comfort and interior room of a sedan with the easy manoeuvrability of a small car. It offers exceptional space for passengers and luggage, coupled with Maruti Suzuki's acclaimed reliability and fuel economy. It's a practical choice perfect for both small families and business users who spend long hours driving. Key Features of the Maruti Suzuki Dzire: • Powertrains: Available with a 1.2-litre Z-series engine paired to either a 5-speed manual gearbox or a 5-speed AGS automatic. The AGS variant eliminates the need to use a clutch pedal when driving in stop-and-go traffic. • Mileage: Delivers up to 24.79 km/litre with the manual and a class-leading 25.71 km/litre on AMT. • Technology: Equipped with a 22.86 cm SmartPlay Pro+ touchscreen infotainment system with smartphone connectivity and navigation. • Safety: Packed with 6 airbags, high-speed warning alerts, ISOFIX child seat mounts and more. The Maruti Suzuki Brezza – A Capable Compact SUV The Maruti Suzuki Brezza has won over buyers by packing the high-riding stance and go-anywhere capability of an SUV into the compact dimensions. Rugged design meets car-like manoeuvrability and Maruti Suzuki's famed reliability for an urban SUV that's practical yet fun. It can handle everyday city commutes just as easily as off-beat weekend adventures. Key Features of the Brezza: • Powertrains: It has a powerful 1.5-litre petrol motor and smart hybrid technology for improved fuel efficiency. It can be paired with either a 5-speed manual or a 6-speed automatic gearbox. • Mileage: Offers up to 20 km/litre on varied models. • Technology: Features an extensive SmartPlay Pro+ touchscreen infotainment system with a 360-degree camera and more. Stay informed and entertained on every journey. • Safety: Packed with 6 airbags, hill hold assist, rear view camera and more. Provides complete confidence on tough drives. The Maruti Suzuki Fronx- A Sporty, Futuristic SUV Maruti Suzuki calls the Fronx an urban SUV that blends excitement and innovation in a modern package sized for the city. It ushers in a new design focused on impactful styling both inside and out while offering new-age powertrain, including an exhilarating yet efficient 1.0-litre turbo boosterjet petrol engine. The Fronx new SUV delivers cutting-edge tech and head-turning looks. Key Features of the Maruti Suzuki Fronx: • Powertrains: Available with a 1.2-litre petrol or 1.0-litre turbo petrol engine, each tuned to deliver an engaging driving experience. • Mileage: The turbo Fronx offers up to 22 km/litre. • Technology: Gets the latest SmartPlay Pro+ touchscreen infotainment with wireless phone charging, 360-degree camera and more. • Safety: Equipped with 6 airbags, electronic stability control with hill hold assist, ISOFIX child seat anchors and more. Why Buy from ACKO Drive? • Convenience: Browse, book, and complete car purchase online from the comfort of one's home. • Transparent Pricing: No hidden costs—everything is upfront, so consumers know exactly what they're paying. • Home Delivery: Once the purchase is made, the car can be delivered right to the doorstep. Conclusion July 2025 is undoubtedly the best month this year to purchase a new car, thanks to the incredible discounts ACKO Drive is offering on four different Maruti Suzuki models, catering to diverse budgets and needs. Whether one fancies the distinctive style of the Baleno hatchback, seeks added practicality from the Dzire sedan, requires an urban SUV like the Brezza, or wishes to stand out from the crowd with the head-turning Fronx, this month offers buyers a chance to save big! But with these stellar offers ending on July 31, 2025, car buyers have to act fast. Users can log onto ACKO Drive, explore the variants that catch their eye, scan financing options and complete paperwork digitally to drive home huge savings. Disclaimer : The discounts and promotional offers mentioned in this blog are valid only for July 2025. All price reductions are subject to vehicle availability on the ACKO Drive platform. Offers may vary by location and are applicable only while stocks last. ACKO Drive reserves the right to modify or discontinue these offers without prior notice. For the most current pricing and availability, please visit the ACKO Drive website. Terms and conditions apply. (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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