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    ED arrests ex-panchayat CEO who allotted govt funds for fake marriages during COVID lockdown
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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
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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
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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
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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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Customs & Trade

HIGHLIGHTS AT 9 PM

August 4, 2025

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New Delhi: Following are the top stories of 9 pm: NATION CAL30 JH-SHIBU SOREN-4THLD DEATH

Veteran tribal leader Shibu Soren breaths his last at 81 Ranchi/New Delhi: JMM founder Shibu Soren, the veteran tribal leader who played a key role in Jharkhand's creation, breathed his last on Monday.

DEL61 JK LD PAHALGAM ATTACKERS

Security agencies say they have evidence confirming Pakistani nationality of Pahalgam attackers New Delhi: In a major development in the Pahalgam terror attack probe, security agencies have gathered evidence, including official documents from Pakistan and biometric data, confirming that the three slain terrorists involved in the horrific incident were Pakistani nationals, officials said here on Monday.

DEL58 EAM-BIMSTEC

We live in uncertain times, collective desire to see 'fair and representative' global order: EAM New Delhi: External Affairs Minister S Jaishankar on Monday said "we live in complicated and uncertain times" and a collective desire is to see a fair and representative global order, not one "dominated by a few".

DEL44 CBI-PWD-JAIN

Special court accepts CBI closure report in PWD hiring case against AAP leader Satyendar Jain New Delhi: In a major relief for AAP leader Satyendar Jain, a special court on Monday accepted CBI's closure report filed in a 2018 case against the former Delhi PWD minister and others related to alleged corruption in the hiring of a creative team for the department, noting that the "investigation found no criminal activity or wrongful loss to the government".

DEL46 NDA-MEETING-PM

PM Modi to address NDA parliamentary meeting on Tuesday New Delhi: Prime Minister Narendra Modi will address the BJP-led NDA parliamentary party meeting on Tuesday, a get-together of the ruling alliance's MPs which is being held after a considerable gap.

DEL54 INTERVIEW-MD HANEEFA-LADAKH

Statehood, sixth schedule top priority for Ladakh, says MP Mohmad Haneefa New Delhi: A democratic set-up and constitutional safeguards under the sixth schedule remain the priority for people of Ladakh, said MP Mohmad Haneefa, as he rued the slow pace of talks with the Union home ministry.

DEL53 PHILIPPINES-INDIA-MARCOS

Philippines President Marcos kicks off India visit, to hold talks with PM Modi on Aug 5 New Delhi: Philippines President Ferdinand R Marcos Jr. kicked off his five-day visit to India starting Monday, during which he will hold bilateral talks with Prime Minister Narendra Modi and take part in several engagements to bolster ties between the two countries.

DEL49 LD RAIN

Rain wreaks havoc in north with 3 drowning in U'khand; rivers in spate across UP New Delhi: Three people drowned in Uttarakhand and another three killed in Himachal Pradesh when their vehicle fell into a gorge after skidding off a wet road, as rain continued to wreak havoc in the region.

DEL33 DL-MP-2NDLD SNATCHING

MP R Sudha's gold chain snatched in Delhi's Chanakyapuri New Delhi: Congress MP R Sudha sustained minor injuries after her gold chain was snatched by unidentified persons in the diplomatic enclave of Chanakyapuri here while she was out on a morning walk on Monday, police said.

MDS22 KA-DHARMASTHALA-SKELETONS

Mass burial: Skeletal remains found at new site in Dharmasthala Dharmasthala (Karnataka): The Special Investigation Team (SIT) probing the alleged mass burial case in Dharmasthala on Monday recovered multiple skeletal remains from a new site identified by the anonymous complainant, police sources said.

LEGAL LGD31 SC-LD COLONEL

SC pulls up Punjab police officers in Colonel assault case; "Respect Army, You are sleeping peacefully because of them" New Delhi: The Supreme Court on Monday deplored the conduct of officers of the Punjab police accused of assaulting a Colonel over a parking dispute, reminding the police personnel that they are “sleeping peacefully" in their house because the Army is serving at the border and asked them to show some respect.

LGD12 SC-LD RAHUL

Remarks against Army: SC raps Rahul Gandhi but stays proceedings against him New Delhi: If you are a true Indian, you wouldn't say such a thing, the Supreme Court on Monday said as it censured Congress leader Rahul Gandhi over his alleged derogatory remarks about the Indian Army during his Bharat Jodo Yatra.

LGD16 SC-NCPCR-MADRASA

Shifting of madrasa students: Plea over NCPCR communications can go before HC, says SC New Delhi: The Supreme Court on Monday said the challenge to the communications issued by child rights body NCPCR urging states to shift students in unrecognised madrasas to government schools could be raised before the high court concerned.

FOREIGN FGN35 US-TRUMP-LD INDIA

Trump says he will 'substantially' raise tariffs on India over Russian oil purchase New York/Washington, Aug 4 (PTI) President Donald Trump on Monday said he will "substantially" raise US tariffs on India, accusing the country of buying massive amounts of Russian oil and selling it for big profits. By Yoshita Singh

FGN8 US-TRUMP-AIDE-INDIA

Not acceptable for India to continue financing Ukraine war by purchasing oil from Russia: Trump aide New York: India portrays itself as being one of America’s closest friends in the world, but imposes massive tariffs, engages in “cheating” on immigration policies, and its purchases of Russian oil are financing the Ukraine war, a top aide to President Donald Trump has alleged. By Yoshita Singh

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